大华股份:2023 Q3 Report

2023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Stock Code: 002236 Stock Abbreviation: Dahua Notification No.: 2023-101
Zhejiang Dahua Technology Co. Ltd.2023 Q3 Report
The Company and all members of the Board of Directors hereby guarantee that the information disclosed herein
is authentic accurate and complete and free of any false records misleading statements or material omissions.Important Notice:
1. The Board of Directors Board of Supervisors directors supervisors and senior management members of the
Company hereby guarantee that the information presented in this quarterly report is authentic accurate complete and
free of any false records misleading statements or material omissions and they will bear joint and several liability for
such information.
2. The Company's legal representative chief accountant and person in charge of accounting institution (Accounting
Officer) hereby declare and warrant that the financial statements in the quarterly report are authentic accurate and
complete.
3. Whether the Q3 Report has been audited.
□ Yes □ No
This document is a translated version of the Chinese version 2023 Q3 report ("2023年第三季度报告")
and the published Q3 Report in the Chinese version shall prevail.
12023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
I. Key Financial Data
(I) Key Accounting Data and Financial Indicators
Whether the Company needs retroactive adjustment or restatement of accounting data in prior years or not
□ Yes □ No
Increase/Decrease of
Increase/Decrease of the Period from the
the Current From the Beginning Beginning of the Year
Current Reporting Reporting Period of the Year to the to the End of the
Period Compared with the End of the Current Current Reporting
Same Period of the Reporting Period Period Compared
Previous Year with the Same Period
of the Previous Year
Operating revenue
7644936763.407.91%22278484044.045.23%
(RMB)
Net profit attributable
to shareholders of
614113966.50254.46%2590132339.6352.98%
the listed Company
(RMB)
Net profit attributable
to shareholders of
the listed company
647597255.1697.31%2402367085.1251.68%
after deducting non-
recurring gains and
losses (RMB)
Net cash flow
generated by
——1325252238.48250.02%
operational activities
(RMB)
Basic earnings per
0.19216.67%0.8243.86%
share (RMB/share)
Diluted earnings per
0.19216.67%0.8243.86%
share (RMB/share)
Weighted average
1.88%1.17%8.52%1.55%
ROE
At the End of the Increase/Decrease at the End of the Current
At the End of the
Current Reporting Reporting Period Compared with the End of
Previous Year
Period the Previous Year
Total assets (RMB) 48741707945.91 46252893804.54 5.38%
Owners' equity
attributable to
shareholders of the 32765862720.81 25836798918.61 26.82%
listed company
(RMB)
(II) Non-recurring Gains or Losses and Their Amounts
□ Applicable □ Not applicable
Unit: RMB
Amount from the Beginning
Amount in the Current
Item of the Year to the End of Note
Reporting Period
the Reporting Period
22023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Profits or losses from
disposal of non-current
assets (including the write-
886195.97175572225.10
off for the accrued
impairment provision of
assets)
The government subsidies
included in the current
profits and losses
(excluding the government
subsidies closely related to
regular businesses of the 28230031.47 97391859.17
Company in line with
national policies and
consecutively received by
a standard quota or
quantity)
Gains or losses from
investment or asset
-25246219.9418053075.23
management entrusted to
others
Gains or losses from debt
-31196.84-31196.84
restructuring
Profits and losses resulting
from the changes in fair
value for holding trading
financial assets and trading
financial liabilities and
investment income from
disposal of trading financial
assets trading financial -37015955.06 22868289.08
liabilities and financial
assets available for trading
excluding the effective
hedging businesses related
to the regular business
operation of the Company
Reversal of the receivables
impairment provision for 4513.91
separate impairment test
Non-Operating Revenue
and expenses other than -447826.02 3065574.77
the above
Other gains and losses
items that fit the definition
9663729.60-45338804.18
of non-recurring gains and
losses
Less: Impact of income tax -1256151.27 71627012.27
Impact of minority
10778199.1112193269.46
equity (after tax)
Total -33483288.66 187765254.51 --
Other gains or losses that fit the definition of non-recurring gains or losses:
□ Applicable □ Not applicable
The Company has no other gains or losses that fit the definition of non-recurring gains or losses.Note for the definition of non-recurring gains and losses listed in the No. 1 Explanatory Announcement on Information
32023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Disclosure for Companies Issuance Their Securities to the Public - Non-recurring gains and losses as recurring gains
and losses.□ Applicable □ Not applicable
The Company did not define any non-recurring gains and losses listed in the No. 1 Explanatory Announcement on
Information Disclosure for Companies Issuance Their Securities to the Public - Non-recurring gains and losses as
recurring gains and losses.(III) Changes in Key Accounting Data and Financial Indicators and the Reasons
□ Applicable □ Not applicable
(I) The changes of assets and liabilities and the reasons
1. The cash and bank balances are increased by 43.54% compared with the beginning of the year mainly due to the
receipt of the raised funds for private placement in the current period;
2. The trading financial assets are increased by 2097.31% compared with the beginning of the year mainly due to the
increase of the foreign exchange contracts;
3. The prepayments are increased by 66.52% compared with the beginning of the year mainly due to the increase of
prepayments for raw materials;
4. The contract assets are increased by 42.58% compared with the beginning of the year mainly due to the increase
of the completed but unsettled assets of the construction contracts in the current period;
5. Other non-current financial assets are increased by 59.57% compared with the beginning of the year mainly due to
the increase of the investment in the new asset management plans in the current period;
6. The constructions in progress are increased by 70.14% compared with the beginning of the year mainly due to the
increase of investments in the infrastructural projects in Chengdu Zhengzhou and Fuyang in the current period;
7. The short-term loans are increased by 291.94% compared with the beginning of the year mainly due to the
increase of notes discounted and bank loans;
8. The trading financial liabilities are decreased by 94.29% compared with beginning of the year mainly due to
changes in fair value of the foreign exchange contracts;
9. The salaries payable to employees are decreased by 32.38% compared with the beginning of the year mainly due
to the issuance of previous year-end bonus in the current period;
10. Other payables are decreased by 31.54% compared with the beginning of the year mainly due to the reduction of
the obligations to repurchase restricted stocks;
11. The non-current liabilities due within one year are decreased by 55.01% compared with the beginning of the year
mainly due to the repayment of bank loans due within one year;
12. The deferred income is increased by 64.49% compared with the beginning of the year mainly due to the increase
of government subsidies;
13. The deferred income tax liabilities are increased by 91.44% compared with the beginning of the year mainly due to
increase of the taxable temporary differences;
14. The capital reserves are increased by 126.38% compared with the beginning of the year mainly due to the receipt
of the raised funds for private placement;
15. The minority shareholders' equities are increased by 95.10% compared with the beginning of the year mainly due
to the increase of the investments absorbed from and the profits and losses of the minority shareholders in the current
period.(II) The changes of items in the income statement and the reasons
42023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
1. The taxes and surcharges are increased by 44.80% compared with the same period of the previous year mainly
due to the increase of house property taxes payable in the current period compared with the same period of the
previous year;
2. The financial expenses are increased by 41.97% compared with the same period of the previous year mainly due to
the decrease of exchange gains in the current period compared with the same period of the previous year;
3. The investment income is increased by 67.02% compared with the same period of the previous year mainly due to
the increase of equity transfer income in the current period compared with the same period of the previous year;
4. The income from changes in fair value is increased by 187.60% compared with same period of the previous year
mainly due to the increase of changes in the fair value of other non-current financial assets and foreign exchange
contracts compared with the same period of the previous year;
5. The income tax expenses are increased by 198.81% compared with the same period of the previous year mainly
due to the increase of taxable income in the current period compared with the same period of the previous year.(III) The changes of items in the cash flow statement and the reasons
1. The net cash flow from operating activities is increased by 250.02% compared with the same period of the previous
year mainly due to the decrease of purchase expenses in the current period compared with the same period of the
previous year.
2. The net cash flow from investment activities is decreased by 260.61% compared with the same period of the
previous year mainly due to the decrease of the net inflow of investment and wealth management and the net cash
from disposal of subsidiaries in the current period;
3. The net cash flow from financing activities is increased by 427.50% compared with the same period of the previous
year mainly due to the increase of the cash received from absorbing investments and the decrease of the net inflow of
bank loan funds in the current period.II. Information on Shareholders
(I) The total number of common shareholders the number of preferred shareholders with
restored voting rights and shareholding status of the top 10 shareholders
Unit: share
Total Number of Common Total Number of Preferred Shareholders (if Any)
Shareholders at the End of the 134126 Whose Voting Rights have been Recovered at 0
Reporting Period the End of the Reporting Period
Shareholding of the Top 10 Shareholders
Number of Pledges Markings or Freezings
Nature of Shares Held
Name of Shareholding Number of
Sharehold with Limited State of
Shareholder Percentage Shares Held Quantity
er Sales Shares
Conditions
Domestic
Fu Liquan natural 31.08% 1023868980 767901735 Pledge 201000000
person
State-
China Mobile
owned
Communications 8.90% 293103400 293103400 0
legal
Group Co. Ltd.person
Domestic
Zhu Jiangming natural 4.86% 160175490 120131617 0
person
Chen Ailing Domestic 2.16% 71262813 53447110 Pledge 31800000
52023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
natural
person
Hong Kong Overseas
Securities legal 2.15% 70786260 0 0
Clearing Co. Ltd. person
Domestic
Wu Jun natural 2.10% 69172886 51879664 0
person
National Social
Others 1.37% 45000000 0 0
Security Fund 103
State-
China Securities owned
1.20%3961124100
Finance Co. Ltd. legal
person
New China Life
Insurance
Company Ltd. -
traditional - Others 0.80% 26321736 0 0
general insurance
products-018L-
CT001 S.CCB - Utilities
Industry Stock
Type Security
Others 0.71% 23298603 0 0
Investment Fund
of First Seafront
Fund
Shareholding of the Top 10 Shareholders without Limited Sales Conditions
Type and Number of Shares
Number of Shares Held Without Limited Sales
Name of Shareholder Type of
Conditions Quantity
Shares
RMB common
Fu Liquan 255967245 255967245
stock
Hong Kong Securities Clearing RMB common
7078626070786260
Co. Ltd. stock
National Social Security Fund RMB common
4500000045000000
103 stock
RMB common
Zhu Jiangming 40043873 40043873
stock
China Securities Finance Co. RMB common
3961124139611241
Ltd. stock
New China Life Insurance
Company Ltd. - traditional - RMB common
2632173626321736
general insurance products- stock
018L-CT001 S.
CCB - Utilities Industry Stock
RMB common
Type Security Investment Fund 23298603 23298603
stock
of First Seafront Fund
Agricultural Bank of China Co.Ltd.- China International Fund
RMB common
Management Emerging Power 21590209 21590209
stock
Hybrid Securities Investment
Fund
China Galaxy Securities Co. RMB common
2086096220860962
Ltd. stock
RMB common
Chen Ailing 17815703 17815703
stock
62023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Description of the association relationship or Mr. Fu Liquan and Ms. Chen Ailing are husband and wife. The
concerted action of above-mentioned Company is unaware of whether other shareholders have
shareholders associated relationship or are persons acting in concert.Explanation on the Top 10 Shareholders'
N/A
Participation in Securities Margin Trading (if Any)
It is hereby stated that as at September 30 2023 the Company
Special note on the existence of repurchase has repurchased 18358401 ordinary shares (A shares) held by
special accounts among the top 10 shareholders the special securities account in the Company with a shareholding
without limited sales conditions ratio of 0.56% and is not listed among the top 10 shareholders of
the Company without limited sales conditions as required.(II) The total number of preferred shareholders and the shareholdings of the top 10 preferred
shareholders
□ Applicable □ Not applicable
III. Other Significant Events
□ Applicable □ Not applicable
1. Share repurchase of the Company
On August 25 2023 the Company held 46th meeting of the 7th Board of Directors at which the
Company reviewed and approved the "Proposal on Repurchase of Shares" and on August 31 2023
the Company published the "Report on Repurchase of Shares" on the Securities Times and Juchao
Information Network. The Company plans to repurchase the shares of the Company in an amount
that is no less than RMB 400 million (inclusive) and no more than RMB 600 million (inclusive). The
repurchase price is no more than RMB 31.71 per share (inclusive). The period for the implementation
of repurchase shall be 12 months from the day the Board of Directors of the Company reviews and
approves this repurchase scheme. As of the end of the current reporting period the Company has
repurchased 18358401 shares with its special securities account for repurchase through centralized
competitive bidding accounting for 0.56% of the Company's present total share capital. The highest
transaction price was RMB 21.70 per share and the lowest transaction price was RMB 19.70 per
share. The total amount of funds used was RMB 390623667.27 (excluding transaction
expenses).The present share repurchase scheme is under implementation.
2. Matters Concerning election of new members for the Board of Directors and Board of
Supervisors
On August 25 2023 the Company held the 46th meeting of the 7th Board of Directors and the
33rd meeting of the 7th Board of Supervisors at which the Company reviewed and approved the
"Proposal on Amendment of the Articles of Association" the "Proposal on Nomination of the Non-
independent Director Candidates for the 8th Board of Directors" the "Proposal on Nomination of the
Independent Director Candidates for the 8th Board of Directors" and the "Proposal on Nomination of
the Non-employee Supervisor Candidates for the 8th Board of Supervisors". On September 11 2023
the Company held the 2nd extraordinary general meeting of shareholders in 2023 the 1st meeting of
the 8th Board of Directors the 1st meeting of the 8th Board of Supervisors and the 1st employee
representative meeting in 2023 at which the Company elected new members for the Board of
Directors and Board of Supervisors and engaged the senior management members head of the
Internal Audit Department and representative of the securities affairs. The announcements above
72023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
have been disclosed on Securities Times and Juchao Information Network (http://www.cninfo.com.cn)
as designated by the Company.IV. Quarterly Financial Statements
(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by: Zhejiang Dahua Technology Co. Ltd.September 30 2023
Unit: RMB
Item September 30 2023 January 1 2023
Current Assets:
Cash and Bank Balances 11526005451.30 8029878650.77
Deposit Reservation for Balance
Loans to Banks and Other
Financial Institutions
Trading Financial Assets 32300511.78 1470000.00
Derivative Financial Assets
Notes receivable 657657287.18 872302071.18
Accounts receivable 15983230318.92 15411908561.50
Receivables Financing 624396701.80 679441917.62
Prepayments 202644376.32 121691239.14
Premium Receivable
Reinsurance Accounts Receivable
Reinsurance Contract Reserves
Receivable
Other Receivables 347054643.83 401849246.88
Including: interest receivable
Dividends Receivable 8519063.17
Buying Back the Sale of Financial
Assets
Inventory 6055715234.26 7315372440.02
Contract Assets 151616055.06 106335405.35
Holding for-sale assets
Non-current Assets Due within 1
444125763.32476871949.75
Year
Other Current Assets 952930282.05 1352406151.72
Subtotal of Current Assets 36977676625.82 34769527633.93
Non-current Assets:
Granting of loans and advances
Investment in Creditor's Rights
Investment in Other Creditor's
Rights
Long-term Receivables 1244185976.59 1436256651.54
Long-term Equity Investment 1131411277.38 1461099644.55
Investment in Other Equity
Instruments
Other Non-current Financial Assets 1485704445.48 931043130.33
Investment Property 422842366.64 423035823.82
Fixed Assets 4534488944.83 4643617574.85
Projects under Construction 720594069.59 423535552.03
Productive Biological Assets
Oil and gas assets
82023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Right-of-use Assets 292594932.87 314700977.50
Intangible Assets 581476230.42 557183251.12
Development Expenditure
Goodwill 6615294.18 6615294.18
Long-term Deferred Expenses 141447707.72 130626422.97
Deferred Income Tax Assets 1072290892.37 1014419944.15
Other Non-current Assets 130379182.02 141231903.57
Subtotal of Non-current Assets 11764031320.09 11483366170.61
Total assets 48741707945.91 46252893804.54
Current Liabilities:
Short-term loan 1010975250.06 257943618.51
Borrowings from the Central Bank
Borrowings from Banks and Other
Financial Institutions
Transactional financial liabilities 1521381.34 26652319.25
Derivative Financial Liabilities
Notes Payable 3327988147.36 4364097761.17
Accounts Payable 5186843665.02 7340277388.29
Received Prepayments
Contract liabilities 1088556025.95 1219548011.88
Financial Assets Sold for
Repurchase
Deposit Taking and Interbank
Deposit
Receiving from Vicariously Traded
Securities
Receiving from Vicariously Sold
Securities
Payroll payable 1070520359.59 1583203165.43
Tax Payable 378657247.76 326881747.78
Other Payables 687411322.48 1004056999.91
Including: interest payable
Dividends Payable 10349050.92
Service Charge and Commission
Payable
Reinsurance Accounts Payable
Holding for-sale liabilities
Non-current Liabilities Due within 1
1150797607.752558010785.73
Year
Other Current Liabilities 154299419.59 166004612.27
Subtotal of Current Liabilities 14057570426.90 18846676410.22
Non-current Liabilities:
Insurance Contract Reserves
Long-term loan 452000000.00 453825000.00
Bonds Payable
Including: Preferred Stocks
Perpetual Bonds
Lease Liabilities 169355769.09 196340654.27
Long-term Payables
Long-term payroll payable
Expected Liabilities 226038360.08 227764387.93
Deferred Income 172157947.40 104663047.38
Deferred Income Tax Liabilities 2236888.14 1168473.33
Other Non-current Liabilities 152019212.22 204084072.08
Subtotal of Non-current Liabilities 1173808176.93 1187845634.99
Total Liabilities 15231378603.83 20034522045.21
Shareholders' Equity:
92023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Share Capital 3294468990.00 3033161170.00
Other Equity Instruments
Including: Preferred Stocks
Perpetual Bonds
Capital Reserves 8942679467.06 3950209243.25
Less: Treasury Share 730682315.58 609859632.00
Other Comprehensive Incomes 36885468.70 36942339.77
Special Reserves
Surplus Reserves 1553691005.92 1553691005.92
General Risk Reserves
Undistributed Profits 19668820104.71 17872654791.67
Total Shareholders' Equity
32765862720.8125836798918.61
Attributable to the Parent Company
Minority Shareholders' Equity 744466621.27 381572840.72
Total Shareholders' Equity 33510329342.08 26218371759.33
Total Liabilities and Shareholders'
48741707945.9146252893804.54
Equity
Legal representative: Fu Liquan Person in charge of accounting: Xu Qiaofen Person in charge of the accounting institution: Zhu Zhuling
2. Consolidated Income Statement for the Period from the Beginning of the Year to the End of
the Reporting Period
Unit: RMB
Amount Occurred in the Current Amount Occurred in the Previous
Item
Period Period
I. Total Operating Revenue 22278484044.04 21171868473.02
Including: Operating Revenue 22278484044.04 21171868473.02
Interest Income
Earned Premiums
Service Charge and
Commission Income
II. Total Operating Cost 19682357352.26 19424258152.56
Including: Operating Cost 12777077332.38 13226510613.09
Interest Expenditures
Service Charge and
Commission Expenses
Surrender Value
Net Claims Paid
Net Amount Withdrawn for
Insurance Liability Reserves
Policyholder Dividend
Expense
Reinsurance Cost
Taxes and Surcharges 177294208.00 122439797.00
Sales Expenses 3425427717.75 3311667760.71
Administration expenses 864955493.63 711270493.55
Research and development
2747587038.302586591892.17
expense
Financial Expenses -309984437.80 -534222403.96
Including: interest
77474478.9597848538.91
expenses
102023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Interest Income 195636440.39 155448560.74
Add: Other income 620883016.92 716789799.42
Investment Income (Mark "-"
-88930817.84-269681876.75
for Loss)
Including: Investment
Income from Affiliates and Joint -220706198.89 -301885837.51
Ventures
Profits from
derecognition of Financial Assets at -315687.54 -557754.22
Amortized Cost
Exchange Gains (Mark "-" for
Losses)
Profit of Net Exposure
Hedging (Mark "-" for Loss)
Incomes from changes in fair
83022903.98-94777053.97
value (losses marked with "-")
Credit Impairment Losses
-202741060.32-248781379.24
(Mark "-" for Loss)
Asset Impairment Losses
-80391199.99-76837195.24
(Mark "-" for Loss)
Asset Disposal Income (Mark
1560039.612297493.53
"-" for Loss)
III. Operating Profit (Mark "-" for
2929529574.141776620108.21
Loss)
Add: Non-operating Revenues 7471604.33 9811752.49
Less: Non-operating Expenses 5181888.81 5678668.55
IV. Total Profit (Mark "-" for Total
2931819289.661780753192.15
Loss)
Less: Income Tax Expense 225322486.28 75406912.79
V. Net Profit (Mark "-" for Net Loss) 2706496803.38 1705346279.36
(I) Classified by operation
continuity
1. Net Profit as a Going Concern
2706496803.381705346279.36
(Mark "-" for Net Loss)
2. Net Profit of Discontinued
Operation (Mark "-" for Net Loss)
(II) Classified by the attribution of
ownership
1. Net Profit Attributable to
Shareholders of Parent Company 2590132339.63 1693101190.89
(Mark "-" for Net Loss)
2. Minority Shareholders' Profit
116364463.7512245088.47
and Loss (Mark "-" for Net Loss)
VI. Net Amount of Other
-199810.57-34710886.19
Comprehensive Incomes after Tax
Net Amount of Other
Comprehensive Incomes after Tax
-56871.07-34444992.63
Attributable to the Parent Company's
Owner
(I) Other comprehensive income
that cannot be reclassified into profit 941710.18
or loss
1. Re-measure the variation of
the defined benefit plan
112023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
2. Other comprehensive
income that cannot be transferred to 941710.18
P/L under the equity method
3. Changes in the fair value of
investment in other equity
instruments
4. Changes in the fair value of
the credit risk of the enterprise
5. Others
(II) Other comprehensive income
-998581.25-34444992.63
that will be reclassified as P/L
1. Other comprehensive
income that can be transferred to P/L
under the equity method
2. Changes in the fair value of
investment in other creditor's rights
3. Financial assets reclassified
into other comprehensive income
4. Provisions for the credit
impairment of investment in other
creditor's rights
5. Cash flow hedge reserves
6. Currency translation
-998581.25-34444992.63
difference
7. Others
Net Amount of Other
Comprehensive Incomes After Tax -142939.50 -265893.56
Attributable to Minority Shareholders
VII. Total Comprehensive Income 2706296992.81 1670635393.17
(I) Total Comprehensive Income
Attributable to the Parent Company's 2590075468.56 1658656198.26
Owner
(II) Total Comprehensive Income
116221524.2511979194.91
Attributable to Minority Shareholders
VIII. Earnings per Share:
(I) Basic Earnings per Share 0.82 0.57
(II) Diluted Earnings per Share 0.82 0.57
Legal representative: Fu Liquan Person in charge of accounting: Xu Qiaofen Person in charge of the accounting institution: Zhu Zhuling
3. Consolidated Cash Flow Statement for the Period from the Beginning of the Year to the End
of the Reporting Period
Unit: RMB
Amount Occurred in the Current Amount Occurred in the Previous
Item
Period Period
I. Cash Flow Generated by
Operational Activities:
Cash from Sales of Merchandise
23883101840.0823543613200.85
and Provision of Services
Net Increase in Customer's Bank
Deposits and Interbank Deposits
Net Increase in Borrowings from
the Central Bank
Net Increase in Borrowings from
Other Financial Institutions
122023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Cash Arising from Receiving
Premiums for the Original Insurance
Contract
Net Amount Arising from
Reinsurance Business
Net Increase in Deposits and
Investments from Policyholders
Cash Arising from Interests
Service Charges and Commissions
Net Increase in Borrowings from
Banks and Other Financial
Institutions
Net Increase in Repurchase
Business Funds
Net Amount of Cash Received
from the Vicariously Traded
Securities
Tax Refund 829406103.23 1123002586.61
Other Received Cashes Related to
930003416.52908237914.67
Operational Activities
Subtotal of cash inflow from
25642511359.8325574853702.13
operational activities
Cash Paid for Merchandise and
15829648766.6217516686825.14
Services
Net Increase in Loans and
Advances to Customers
Net Increase in Deposits with
Central Bank and Other Financial
Institutions
Cash Paid for Original Insurance
Contract Claims
Net increase of funds lent
Cash Paid for Interests Service
Charges and Commissions
Cash Paid for Policy Dividends
Cash Paid to and for Employees 5476008617.90 5856138762.66
Cash Paid for Taxes and
1390361176.281566631299.56
Surcharges
Other Paid Cashes Related to
1621240560.551518774493.93
Operational Activities
Subtotal of cash outflow from
24317259121.3526458231381.29
operational activities
Net cash flow generated by operating
1325252238.48-883377679.16
activities
II. Cash Flow from Investment
Activities:
Cash Arising from Disposal of
1275269172.842038864008.78
Investments
Cash Arising from Investment
28199284.3824500087.16
Incomes
Net Cash Arising from Disposal of
Fixed Assets Intangible Assets and 3985726.76 8597432.00
Other Long-term Assets
Net Cash Arising from Disposal of 229078062.03
132023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Subsidiaries and Other Business
Units
Other Received Cashes Related to
7731220.7825121289.66
Investment Activities
Subtotal of cash inflow from
1315185404.762326160879.63
investment activities
Cash Paid for Purchase and
Construction of Fixed Assets
1020886264.641019379551.12
Intangible Assets and Other Long-
term Assets
Cash Paid for Investments 1223451286.75 1584782317.98
Net Increase in Pledge Loans
Net Cash Paid for Acquisition of
Subsidiaries and Other Business
Units
Other Paid Cashes Related to
82528381.072545032.90
Investment Activities
Subtotal of cash outflows from
2326865932.462606706902.00
investment activities
Net amount of cash flow generated
-1011680527.70-280546022.37
by investment activities
III. Cash Flow from Financing
Activities:
Cash Arising from Absorbing
5505773563.01626079632.00
Investments
Including: Cash Arising from
Subsidiaries Absorbing Investments 409774403.01 16220000.00
by Minority Shareholders
Cash Arising from Borrowings 2373225673.47 5013321909.81
Other Received Cashes Related to
453263.81
Financing Activities
Subtotal of cash inflow from financing
7878999236.485639854805.62
activities
Cash Paid for Debts Repayment 3067680609.51 3680361551.09
Cash Paid for Distribution of
Dividends and Profits or Payment of 850997501.96 885752222.88
Interests
Including: Dividends and Profits
Paid to Minority Shareholders by 1104770.95
Subsidiaries
Other Paid Cashes Related to
783092316.63471425530.60
Financing Activities
Subtotal of cash outflow from
4701770428.105037539304.57
financing activities
Net cash flow generated by financing
3177228808.38602315501.05
activities
IV. Impact of Fluctuation in Exchange
18635906.58145882804.58
Rate on Cash and Cash Equivalents
V. Net Increase in Cash and Cash
3509436425.74-415725395.90
Equivalents
Add: Cash and Cash Equivalents
7878465052.637617576852.32
at the Commencement of the Period
VI. Cash and Cash Equivalents at the
11387901478.377201851456.42
End of the Period
142023 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
(II) The first implementation of new accounting criteria from 2023 to adjust the
relevant items of the financial statements implemented at the beginning of the
year for the first time
□ Applicable □ Not applicable
(III) Audit Report
Whether the Q3 report has been audited.□ Yes □ No
The Q3 report of the Company has not been audited yet.Board of Directors of Zhejiang Dahua Technology Co. Ltd.October 21 2023
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