CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
Stock Code: 000521, 200521 Stock Abbreviation: Changhong Meiling, Hongmeiling B
Announcement No.: 2023-025
Changhong Meiling Co., Ltd.
The First Quarterly Report of 2023
The Company and whole members of the Board guarantee that the information disclosed is true, accurate and
complete and there are no fictitious records, misleading statements or material omissions carried in the Report.
Important Note:
the Company) and its directors, supervisors and senior executives should guarantee the reality, accuracy and
completion of the quarterly report, there are no any fictitious statements, misleading statements or important
omissions carried in this report, and shall take legal responsibilities, individual and/or joint.
officer) hereby confirm that the financial information of this Quarterly Report is authentic, accurate and complete.
□Yes √No
I. Main financial data
(i) Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data or not
√Yes □No
Reasons for retroactive adjustment or restatement of the previous accounting data
√Changes in accounting policies □ Correction of accounting errors □ Business consolidation under the same control
□ Other reasons
Changes of this period
Same period of last year over same period of
Current Period last year
Before adjustment After adjustment After adjustment
Operating income (RMB) 5,025,237,527.25 4,012,925,239.44 4,012,925,239.44 25.23%
Net profit attributable to
shareholders of the listed 122,540,351.10 5,147,648.23 5,147,648.23 2,280.51%
company (RMB)
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
Net profit attributable to
shareholders of the listed
company after deducting 103,510,051.94 -22,549,982.34 -22,549,982.34 559.02%
non-recurring gains and
losses (RMB)
Net cash flow arising from
-372,008,676.48 -1,064,503,447.07 -1,064,503,447.07 65.05%
operating activities (RMB)
Basic earnings per share
(RMB/Share)
Diluted earnings per share
(RMB/Share)
Increase by 2.24
Weighted average ROE 2.34% 0.10% 0.10%
percentage points
Changes of this
End of last period period-end over same
End of this period period-end of last year
Before adjustment After adjustment After adjustment
Total assets (RMB) 17,061,136,133.84 16,200,361,212.80 16,205,296,370.67 5.28%
Owners’ equity attributable
to shareholders of listed 5,296,286,171.68 5,168,286,872.09 5,168,471,419.72 2.47%
company (RMB)
Reasons of accounting policy change and correction of accounting errors
The Company made the accounting policy change in accordance with the "Accounting Standard for Business
Enterprises No. 16Interpretation " issued by the Ministry of Finance on November 30, 2022: "The deferred income
tax related to assets and liabilities arising from a single transaction is not subject to the accounting treatment of the
initial recognition exemption", and chose to implement from January 1, 2023.
(ii)Items of non-recurring gains and losses
√ Applicable □ Not applicable
In RMB
Item Current amount Note
Gains/losses from the disposal of non-current asset (including the
write-off that accrued for impairment of assets)
Governmental subsidy calculated into current gains and
losses(while closely related with the normal business of the
Mainly due to government
Company, the government subsidy that accord with the provision 10,348,869.48
subsidies.
of national policies and are continuously enjoyed in line with a
certain standard quota or quantity are excluded)
Gain and loss from change of the fair value arising from
transactional monetary assets, transactional financial liabilities as
held as well as the investment income arising from disposal of the Mainly due to investment income
transactional monetary assets, transactional financial liabilities 6,095,174.23 obtained from the disposal of
and financial assets available for sale excluding the effective trading financial assets
hedging transaction in connection with the Company’s normal
business
Other non-operating income and expenses other than the above 5,012,362.28 Mainly due to income from fines.
Less: impact on income tax 421,943.41
Impact on minority shareholders’ equity (post-tax) 2,004,163.42
Total 19,030,299.16 --
Details of other profit and loss items that meet the non-recurring profit and loss definition
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
□ Applicable √ Not applicable
There are no other gains/losses items that meet the definition of non-recurring gains/losses in the Company.
Explain the items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss in
Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public ---
Extraordinary Profit/loss
□ Applicable √ Not applicable
There are no items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss in
Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public ---
Extraordinary Profit/loss
(iii)Particulars about material changes in items of main accounting statement and financial index and
explanations of reasons
√ Applicable □Not applicable
In RMB
Item Ending balance Opening balance Changes ratio Reasons of changes
Mainly due to the purchase of wealth
Trading financial assets 250,802,870.28 57,660,588.67 334.96% management products by the Company in the
current period.
Mainly due to the increase in the Company's
Account receivable 1,885,992,283.98 1,306,871,945.85 44.31%
operating income in the current period
Mainly due to the increase in the Company's
Inventory 2,448,841,210.43 1,710,306,933.71 43.18%
operating income in the current period
Mainly due to the reclassification of the
Non-current asset due
within one year
within one year
Mainly due to the increase in the Company's
Other current assets 166,239,145.08 120,589,431.85 37.86%
time deposits in the current period.
Mainly due to the increase in the Company's
Creditor's rights
investment
period.
Mainly due to the increase in the Company's
Other non-current assets 2,411,486.64 893,238.57 169.97%
prepaid project payment in the current period
Mainly due to the increase in the Company's
Account payable 4,027,615,277.29 2,917,997,138.00 38.03% raw material procurement in the current
period.
Mainly due to the increase in relevant taxes
and fees caused by the increase in the
Other current liabilities 29,608,735.19 22,605,269.51 30.98%
Company's advance receipts in the current
period.
Mainly due to the Company's provision of
Special reserve 6,929,368.76 2,467,205.78 180.86% safety production expenses in the current
period.
In RMB
Item Current period Amount at the
same period of Changes ratio Reasons of changes
last year
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
Mainly due to the increase in related taxes and fees
Tax and extras 39,314,902.23 29,031,104.40 35.42% due to the increase in the Company's sales in the
current period
Mainly due to the YOY decrease in government
Other income 11,993,948.27 26,202,120.61 -54.23% subsidies received by the Company in the current
period.
Investment earnings 11,296,852.87 7,547,051.46 49.69% Mainly due to the increase in the profit of the
Company's associates in the current period.
Mainly caused by the change in the fair value of
Gains on changes in fair 1,581,886.04 -1,533,990.67 203.12% the Company's irrevocable orders and forward
value
foreign exchange contracts in the current period.
Gains on disposal of - 3,689,706.71 -100.00% Mainly due to there’s no proceeds from asset
assets disposal by the Company in the current period.
Non-operating income 5,645,604.54 1,073,158.74 426.07% Mainly due to the increase in revenue from fines
received by the Company in the current period.
Mainly due to the increase in income tax expense
Income tax expenses 7,491,433.56 -1,669,169.27 548.81% due to the increase in the Company's taxable
income in the current period
Mainly due to the YOY decrease in the earnings of
Gains/losses of 5,547,007.66 8,232,999.11 -32.62% some non-wholly-owned subsidiaries of the
minority’s interest
Company in the current period.
In RMB
Item Current period Amount at the
same period of Changes ratio Reasons of changes
last year
Other cash received Mainly due to the YOY decrease in government
concerning operation 23,940,223.82 39,337,433.81 -39.14% subsidies received by the Company in the
activities current period.
Mainly due to the YOY decrease in various
Taxes paid 75,109,108.69 132,796,426.52 -43.44% taxes paid by the Company in the current
period.
Mainly due to the withdrawal of corporate
Cash received from recovery
of investment
current period.
Net cash received from
Mainly due to the YOY decrease in cash
disposal of fixed assets,
intangible assets and other
assets in the current period.
long-term assets
Mainly due to the purchase of wealth
Cash paid for investments 560,000,000.00 220,000,000.00 154.55% management products and large certificates of
deposit by the Company in the current period.
Other cash received Mainly due to the constrained recovery of the
concerning financing 250,646,926.33 4,466,696.88 5,511.46% Company's guarantee deposits in the current
activities period.
Mainly due to the y-o-y Increase in repayment
Cash paid for settling debts 435,000,000.00 175,000,000.00 148.57%
of loans in the Period
Cash paid for dividend and
Mainly due to the YOY decrease in interest
profit distributing or interest 4,998,050.47 10,261,148.45 -51.29%
paid by the Company in the current period.
paying
Mainly due to the constrained recovery of the
Other cash paid concerning
financing activities
period.
Effect of exchange rate Mainly due to the change of exchange rate in
-11,739,344.83 398,221.49 -3,047.94%
changes on cash the Period
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
II. Shareholders
(i)Total number of common shareholders and preference shareholders with voting rights recovered and top
ten shareholders
In Shares
Total preference shareholders
Total number of common
with voting rights recovered at
shareholders at the end of report 48,771 0
end of reporting period (if
period
applicable)
Top ten shareholders
Information of shares
pledged, tagged or
Proportion Amount of
Amount of frozen
Shareholder’s name Nature of shareholder of shares lock-up
shares held State of
held shares held Amount
share
State-owned legal 24.12% 248,457,724
Sichuan Changhong Electric Co., Ltd. 0 - --
person
Hefei Industry Investment Holding (Group) State-owned legal 4.64% 47,823,401 0 - -
Co., Ltd. person
CHANGHONG (HK) TRADING LIMITED Foreign legal person 2.63% 27,077,797 0 - -
Taiping Asset－ICBC－Taiping Star 19 Domestic non-state- 2.22% 22,851,100
investment products owned legal person
Huaan Funds－Bank of Shanghai－Huaan 1.99% 20,520,700
Domestic non-state-
Funds－New Era No.2 Collective Asset owned legal person 0 - -
Management plan
CAO SHENGCHUN Foreign natural person 1.43% 14,766,086 0 - -
Xu Aiyun Domestic natural 1.36% 14,038,200
person
Huaan Funds－Industrial Bank－Huaan Funds Domestic non-state- 1.15% 11,822,201
owned legal person 0 - -
－New Era No.1 Asset Management Plan
Caitong Fund- Ningbo Bank-Haitong Xingtai Domestic non-state- 1.04% 10,733,452
(Anhui) Emerging Industry Investment Fund owned legal person 0 - -
(Limited Partnership)
Wang Xinzhong Domestic natural 0.94% 9,679,240
person
Top ten shareholders with unrestricted shares held
Type of shares
Shareholder’s name Amount of unrestricted shares held
Type Amount
RMB ordinary
Sichuan Changhong Electric Co., Ltd. 248,457,724 248,457,724
shares
Hefei Industry Investment Holding (Group) RMB ordinary
Co., Ltd. shares
Domestically listed
CHANGHONG (HK) TRADING LIMITED 27,077,797 27,077,797
foreign shares
Taiping Asset－ICBC－Taiping Star 19 RMB ordinary
investment products shares
Huaan Funds－Bank of Shanghai－Huaan
RMB ordinary
Funds－New Era No.2 Collective Asset 20,520,700 20,520,700
shares
Management plan
CAOSHENGCHUN Domestically listed
foreign shares
Xu Aiyun RMB ordinary
shares
Huaan Funds－Industrial Bank－Huaan Funds RMB ordinary
－New Era No.1 Asset Management Plan shares
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
Caitong Fund- Ningbo Bank-Haitong Xingtai
RMB ordinary
(Anhui) Emerging Industry Investment Fund 10,733,452 10,733,452
shares
(Limited Partnership)
Wang Xinzhong RMB ordinary
shares
Among the above shareholders, CHANGHONG (HK) TRADING LIMITED (hereinafter referred to as Hong
Kong Changhong) is the wholly-owned subsidiary of Sichuan Changhong Electric Co., Ltd., the foregoing
shareholders constitute persons of uniform action. There existed no associated relationship or belong to the
concerted actors as specified in the Measures for the Administration of Information Disclosure of Shareholder
Explanation on associated Equity Changes of Listed Companies among Sichuan Changhong Electric Co., Ltd, Hong Kong Changhong
relationship among the and other top 8 shareholders, “Caitong Fund- Ningbo Bank-Haitong Xingtai (Anhui) Emerging Industry
aforesaid shareholders Investment Fund (Limited Partnership) ” refers to the products of Caitong Fund Management Company
subscribe for privately placement of 2016; The company neither knows whether there is any association
among other shareholders, nor knows whether other shareholders belong to the persons acting in concert that
is stipulated in the “Administrative Measures on Information Disclosure of Changes in Shareholding of Listed
Companies”.
Explanation on top ten
As of March 31, 2023, among the top 10 common shareholders, Wang Xinzhong holds 9,679,240 shares of the
shareholders involving
Company through customer credit trading secured account of Sinolink Securities Co., Ltd., resulting in a total
margin business (if
of 9,679,240 shares of the Company.
applicable)
(ii) Total shareholders with preferred stock held and shares held by top ten shareholders with preferred stock
held
□ Applicable √ Not applicable
III. Other important matters
√Applicable □Not applicable
Information index for temporary
Overview Date for disclosure
report disclosure
After the resolution adopted by the board of directors and the board of
supervisors of the Company, it’s agreed that the Company will with its Juchao
own funds of 45 million yuan participate in the establishment of "Sichuan Website:http://www.cninfo.com.cn
Hongyun Information Technology Venture Capital Fund Partnership January 18,2023
（No.: 2023-002,2023-003 and
(Limited Partnership)" (tentative name, subject to the approval and
registration of the market regulatory department), and serve as a limited 2023-004）
partner of the fund.
After the resolution adopted by the board of directors and the board of
supervisors of the Company, it’s agreed that the Company and its
subsidiaries will make a single provision for bad debts for receivables of
the customer Changhong RUBA Electric Appliance Co., Ltd(an associate
of Zhongshan Changhong Electric Appliance Co., Ltd-a subsidiary to the Juchao
Company) in the fourth quarter of 2022, and agreed that the Company, its Website:http://www.cninfo.com.cn
subsidiaries Hefei Meiling Group Holdings Co., Ltd. and Sichuan January 18,2023
（No.:2023-002,2023-003 and 2023-
Changhong Air Conditioning Co., Ltd and Sichuan Zhiyijia Network
Technology Co., Ltd-an associate of the Company, made a single
provision for bad debts for the receivables of Gome System (Gome
System is the collective name of Gome's subsidiaries, branches, offices
and agencies at all levels), with the total amount for the aforementioned
single provisions for bad debts of 101,962,546.44 yuan.
After the resolution adopted by the board of directors of the Company, it’s Juchao Website:
agreed to renew the appointment of ShineWing CPA (LLP) as the auditor http://www.cninfo.com.cn
March 31,2023
of the Company's 2023 annual financial report and internal control for one
（No.:2023-011 and 2023-015）
year.
After the resolution adopted by the board of directors of the Company, it’s
agreed that the Company and its subsidiaries will carry out forward
foreign exchange fund trading business from July 1, 2023 to June 30, Juchao
(mainly including: USD, AUD, EURO, and all other foreign currencies （No.:2023-011 and 2023-016）
converted into USD), and the delivery period of a single business shall not
exceed 1 year.
After the resolution adopted by the board of directors and the board of March 31,2023 Juchao
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
supervisors of the Company, in accordance with the principles of legal Website:http://www.cninfo.com.cn
compliance, standardized operation, one-by-one examination and （No.:2023-011 ,2023-012 and
approval, and account write-off records, it’s agreed to write off a total of 2023-017）
Zhongshan Changhong-a subsidiary of the Company.
After the resolution adopted by the board of directors of the Company, it’s
approved that the Company and its subsidiaries will apply for a special
credit line of up to 400 million yuan for the bill pool from Hefei Branch Juchao
of Industrial Bank Co., Ltd; will apply for a special credit line of up to March 31,2023 Website:http://www.cninfo.com.cn
Co., Ltd; and will apply for a special credit line of up to 400 million yuan
for the bill pool from Hefei Branch of Jiujiang Bank Co., Ltd.
IV. Quarterly financial statements
(i) Financial statement
Prepared by Changhong Meiling Co., Ltd.
In RMB
Item Ending balance Opening balance
Current assets:
Monetary fund 5,853,929,091.02 6,839,421,779.13
Settlement provisions
Capital lent
Trading financial assets 250,802,870.28 57,660,588.67
Derivative financial assets
Note receivable
Account receivable 1,885,992,283.98 1,306,871,945.85
Receivable financing 1,568,606,632.24 1,446,358,719.88
Account paid in advance 45,024,757.74 45,859,491.55
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance receivable
Other account receivable 97,372,570.89 88,354,803.24
Including: Interest receivable
Dividend receivable
Buying back the sale of financial assets
Inventory 2,448,841,210.43 1,710,306,933.71
Contract assets 3,247,449.48 3,530,922.13
Assets held for sale
Non-current asset due within one year 270,422,555.56 170,167,638.89
Other current assets 166,239,145.08 120,589,431.85
Total current assets 12,590,478,566.70 11,789,122,254.90
Non-current assets:
Loans and payments on behalf
Creditor's rights investment 202,020,611.11 121,543,750.00
Other Creditor's rights investment
Long-term account receivable
Long-term equity investment 98,569,119.93 100,384,428.50
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
Investment in other equity instrument
Other non-current financial assets 628,549,448.31 628,549,448.31
Investment real estate 52,403,667.58 52,898,060.89
Fixed assets 2,192,388,880.83 2,229,553,866.96
Construction in progress 80,533,557.98 66,522,492.77
Productive biological asset
Oil and gas asset
Right-of-use assets 33,430,513.42 36,646,135.10
Intangible assets 933,580,214.84 900,568,008.21
Expense on research and development 73,347,089.12 102,148,390.57
Goodwill
Long-term expenses to be apportioned 16,390,674.26 14,900,600.59
Deferred income tax asset 157,032,303.12 161,565,695.30
Other non-current assets 2,411,486.64 893,238.57
Total non-current asset 4,470,657,567.14 4,416,174,115.77
Total assets 17,061,136,133.84 16,205,296,370.67
Current liabilities:
Short-term loans 488,328,290.84 674,143,916.67
Loan from central bank
Capital borrowed
Trading financial liability 33,521,920.35 41,961,524.78
Derivative financial liability
Note payable 4,681,667,908.72 4,964,374,512.60
Account payable 4,027,615,277.29 2,917,997,138.00
Accounts received in advance
Contract liabilities 414,514,806.14 358,755,397.77
Selling financial asset of repurchase
Absorbing deposit and interbank deposit
Security trading of agency
Security sales of agency
Wage payable 317,581,219.13 348,154,915.13
Taxes payable 76,006,534.88 80,287,878.62
Other account payable 901,277,527.86 828,207,568.21
Including: Interest payable
Dividend payable 4,978,994.16 4,978,994.16
Commission charge and commission payable
Reinsurance payable
Liability held for sale
Non-current liabilities due within one year 29,702,488.42 30,287,099.08
Other current liabilities 29,608,735.19 22,605,269.51
Total current liabilities 10,999,824,708.82 10,266,775,220.37
Non-current liabilities:
Insurance contract reserve
Long-term loans 148,000,000.00 148,000,000.00
Bonds payable
Including: Preferred stock
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
Perpetual capital securities
Lease liability 25,796,848.32 28,164,287.97
Long-term account payable 1,097,197.29 1,145,286.48
Long-term wages payable 10,329,623.86 10,790,859.64
Accrual liability 32,851,482.36 32,685,631.78
Deferred income 153,738,339.98 161,013,911.91
Deferred income tax liabilities 16,171,532.93 17,509,503.08
Other non-current liabilities
Total non-current liabilities 387,985,024.74 399,309,480.86
Total liabilities 11,387,809,733.56 10,666,084,701.23
Owner’s equity:
Share capital 1,029,923,715.00 1,029,923,715.00
Other equity instrument
Including: Preferred stock
Perpetual capital securities
Capital public reserve 2,806,493,904.30 2,806,493,904.30
Less: Treasury shares
Other comprehensive income -20,069,224.75 -20,881,462.63
Special reserve 6,929,368.76 2,467,205.78
Surplus public reserve 441,218,691.48 441,218,691.48
Provision of general risk
Retained profit 1,031,789,716.89 909,249,365.79
Total owner’ s equity attributable to parent
company
Minority interests 377,040,228.60 370,740,249.72
Total owner’ s equity 5,673,326,400.28 5,539,211,669.44
Total liabilities and owner’ s equity 17,061,136,133.84 16,205,296,370.67
Legal Representative: Wu Dinggang
Person in charge of accounting works: Pang Haitao
Person in charge of accounting institute: Yang Jun
In RMB
Item Current period Last period
I. Total operating income 5,025,237,527.25 4,012,925,239.44
Including: Operating income 5,025,237,527.25 4,012,925,239.44
Interest income
Insurance gained
Commission charge and commission income
II. Total operating cost 4,890,898,229.81 4,011,460,060.46
Including: Operating cost 4,288,663,147.76 3,505,133,832.06
Interest expense
Commission charge and commission expense
Cash surrender value
Net amount of expense of compensation
Net amount of withdrawal of insurance contract reserve
Bonus expense of guarantee slip
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
Reinsurance expense
Tax and extras 39,314,902.23 29,031,104.40
Sales expense 396,134,102.96 335,122,981.27
Administrative expense 77,699,944.12 74,774,111.15
R&D expense 127,905,030.12 108,762,671.65
Financial expenses -38,818,897.38 -41,364,640.07
Including: Interest expenses 5,614,718.39 11,459,855.40
Interest income 39,706,698.73 34,441,441.46
Add: other income 11,993,948.27 26,202,120.61
Investment income (Loss is listed with “-”) 11,296,852.87 7,547,051.46
Including: Investment income on affiliated company and joint
venture
The termination of income recognition for financial assets
-2,610,734.55
measured by amortized cost
Exchange income (Loss is listed with “-”)
Net exposure hedging income (Loss is listed with “-”)
Income from change of fair value (Loss is listed with “-”) 1,581,886.04 -1,533,990.67
Loss of credit impairment (Loss is listed with “-”) -15,886,816.82 -13,619,904.38
Losses of devaluation of asset (Loss is listed with “-”) -12,758,737.76 -12,316,116.48
Income from assets disposal (Loss is listed with “-”) 3,689,706.71
III. Operating profit (Loss is listed with “-”) 130,566,430.04 11,434,046.23
Add: Non-operating income 5,645,604.54 1,073,158.74
Less: Non-operating expense 633,242.26 795,726.90
IV. Total profit (Loss is listed with “-”) 135,578,792.32 11,711,478.07
Less: Income tax expense 7,491,433.56 -1,669,169.27
V. Net profit (Net loss is listed with “-”) 128,087,358.76 13,380,647.34
(i) Classify by business continuity
“-”)
(ii) Classify by ownership
VI. Net after-tax of other comprehensive income 1,054,218.75 -344,376.37
Net after-tax of other comprehensive income attributable to
owners of parent company
(i) Other comprehensive income items which will not be
reclassified subsequently to profit of loss
be transfer to gain/loss
(ii) Other comprehensive income items which will be
reclassified subsequently to profit or loss
transfer to gain/loss
income
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
currency financial statements
Net after-tax of other comprehensive income attributable to
minority shareholders
VII. Total comprehensive income 129,141,577.51 13,036,270.97
Total comprehensive income attributable to owners of parent
Company
Total comprehensive income attributable to minority
shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.1190 0.0050
(ii) Diluted earnings per share 0.1190 0.0050
Enterprise combine under the same control in the Period, the combined party realized net profit of 0.00 Yuan
before combination, and realized 0.00 Yuan at last period for combined party.
Legal Representative: Wu Dinggang
Person in charge of accounting works: Pang Haitao
Person in charge of accounting institute: Yang Jun
In RMB
Item Current period Last period
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing labor
services
Net increase of customer deposit and interbank deposit
Net increase of loan from central bank
Net increase of capital borrowed from other financial
institution
Cash received from original insurance contract fee
Net cash received from reinsurance business
Net increase of insured savings and investment
Cash received from interest, commission charge and
commission
Net increase of capital borrowed
Net increase of returned business capital
Net cash received by agents in sale and purchase of securities
Write-back of tax received 119,861,984.88 137,758,875.67
Other cash received concerning operating activities 23,940,223.82 39,337,433.81
Subtotal of cash inflow arising from operating activities 4,705,291,318.55 4,091,166,225.44
Cash paid for purchasing commodities and receiving labor
service
Net increase of customer loans and advances
Net increase of deposits in central bank and interbank
Cash paid for original insurance contract compensation
Net increase of capital lent
Cash paid for interest, commission charge and commission
Cash paid for bonus of guarantee slip
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
Cash paid to/for staff and workers 500,241,447.73 448,108,157.26
Taxes paid 75,109,108.69 132,796,426.52
Other cash paid concerning operating activities 182,925,417.04 237,160,586.02
Subtotal of cash outflow arising from operating activities 5,077,299,995.03 5,155,669,672.51
Net cash flows arising from operating activities -372,008,676.48 -1,064,503,447.07
II. Cash flows arising from investing activities:
Cash received from recovering investment 150,000,000.00 1,539,824.00
Cash received from investment income 11,517,830.00 11,003,504.00
Net cash received from disposal of fixed, intangible and other
long-term assets
Net cash received from disposal of subsidiaries and other
units
Other cash received concerning investing activities 54,625,623.42 52,685,195.90
Subtotal of cash inflow from investing activities 216,257,898.42 73,533,177.50
Cash paid for purchasing fixed, intangible and other long-
term assets
Cash paid for investment 560,000,000.00 220,000,000.00
Net increase of mortgaged loans
Net cash received from subsidiaries and other units obtained
Other cash paid concerning investing activities 8,997.51 700.67
Subtotal of cash outflow from investing activities 629,836,259.40 291,712,525.40
Net cash flows arising from investing activities -413,578,360.98 -218,179,347.90
III. Cash flows arising from financing activities
Cash received from absorbing investment
Including: Cash received from absorbing minority
shareholders’ investment by subsidiaries
Cash received from loans 248,567,208.06 225,000,000.00
Other cash received concerning financing activities 250,646,926.33 4,466,696.88
Subtotal of cash inflow from financing activities 499,214,134.39 229,466,696.88
Cash paid for settling debts 435,000,000.00 175,000,000.00
Cash paid for dividend and profit distributing or interest
paying
Including: Dividend and profit of minority shareholder paid
by subsidiaries
Other cash paid concerning financing activities 45,458,808.90 4,144,046.56
Subtotal of cash outflow from financing activities 485,456,859.37 189,405,195.01
Net cash flows arising from financing activities 13,757,275.02 40,061,501.87
IV. Influence on cash and cash equivalents due to fluctuation
-11,739,344.83 398,221.49
in exchange rate
V. Net increase of cash and cash equivalents -783,569,107.27 -1,242,223,071.61
Add: Balance of cash and cash equivalents at the period-
begin
VI. Balance of cash and cash equivalents at the period-end 5,329,652,962.49 4,597,971,859.96
Legal Representative: Wu Dinggang
Person in charge of accounting works: Pang Haitao
Person in charge of accounting institute: Yang Jun
(ii) Audit report
Whether the 1st quarterly report has been audited or not
□Yes √ No
CHANGHONG MEILING CO., LTD.THE FIRST QUARTERLY REPORT OF 2023
The Fist quarterly report of the Company has not been audited.
Board of Directors of Changhong Meiling Co., Ltd.
April 20, 2023
首页
微信公众号
证券之星APP
