Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
Stock Code: 000020 200020 Public Notice No.: 2025-16
Short Form of the Stock: SHEN HUAFA-A SHEN HUAFA-B
Shenzhen Zhongheng Huafa Co. Ltd.The Third Quarterly Report for 2025
The Company and whole members of the BOD guarantee that the information disclosed is true
accurate and complete and there are no any fictitious records misleading statements or important
omissions.Important content reminder:
1. Board of Directors Supervisory Committee all directors supervisors and senior
executives of Shenzhen Zhongheng Huafa Co. Ltd. (hereinafter referred to as the
Company) hereby confirm that there are no any fictitious statements misleading
statements or important omissions carried in this report and shall take all
responsibilities individual and/or joint for the reality accuracy and completion of
the whole contents.
2. Principal of the Company Person in Charge of Accounting Works and Person in
Charge of Accounting Organ (Accounting Officer) hereby confirm that the Financial
Report of the Third Quarterly Report is authentic accurate and complete.
3. Whether the Third Quarterly Report has been audited or not
□Yes √No
1Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
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
Increase/decrease in the Increase/decrease from
period compared with the Year-begin to year-begin to period-Current period same period of the period-end end compared with the
previous year same period of theprevious year
Operating income (Yuan) 226770875.73 14.48% 682950220.46 12.65%
Net profit attributable to
shareholders of the listed 6926957.32 65.38% 21266931.43 49.31%
company (Yuan)
Net profit attributable to
shareholders of the listed
company after deducting 6830212.66 88.03% 17685823.95 34.23%
non-recurring gains and
losses (Yuan)
Net cash flow arising from
operating activities (Yuan) — — -44676025.37 -268.21%
Basic earnings per share
(Yuan /Share) 0.0245 65.29% 0.0751 49.30%
Diluted earnings per share
(Yuan /Share) 0.0245 65.29% 0.0751 49.30%
Weighted average ROE 1.67% 49.29% 5.13% 34.65%
End of current Increase/decrease at the period-end compared
End of previous year
period with the end of the previous year
Total assets (Yuan) 753231361.36 680192681.50 10.74%
Net assets attributable to
shareholder of listed 424925939.36 403659007.93 5.27%
company (Yuan)
(ii) Items and amounts of non-recurring profit (gains)/losses
√ Applicable □ Not applicable
Unit: Yuan
Year-to-date to
Current Reporting
Item Report Period End Explanation
Period Amount
Amount
2Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
Year-to-date to
Current Reporting
Item Report Period End Explanation
Period Amount
Amount
Government subsidies included in current profit/loss (excluding those
closely related to normal business compliant with state policies 507944.91 4090206.03
granted based on fixed standards and having a sustained impact)
Gains/Losses from entrusting investments or asset management to
150863.61554508.88
others
Other non-operating income and expenses excluding the above items 7703.43 130095.07
Less: Income tax effect 166627.99 1193702.50
Total 499883.96 3581107.48 --
Other gain/loss items that qualified the definition of non-recurring profit (gains)/losses:
□ Applicable √ Not applicable
The Company does not have other gain/loss items that qualified the definition of non-recurring profit (gains)/lossesExplanation on those non-recurring gain/loss listed in the “Q&A Announcement No.1 on Information Disclosure for CompaniesOffering Their Securities to the Public --- Extraordinary Profit/loss” defined as recurring gain/loss
□ Applicable √ Not applicableThe Company does not have the non-recurring gain/loss listed in the “Q&A Announcement No.1 on Information Disclosure forCompanies Offering Their Securities to the Public --- Extraordinary Profit/loss” defined as recurring gain/loss
II. Shareholders Information
(i) Total number of common shareholders and preference shareholders with voting rights recovered and
top ten common shareholders
In Share
Total preference shareholders with voting rights
Total common shareholders at the end of report
28401 recovered at end of reporting period (if 0
period
applicable)
Top ten shareholders
Amount Information of shares pledged tagged
Proportion of or frozen
Nature of Amount of
Shareholder’s name of shares restricted
shareholder shares held
held shares State of share Amount
held
Wuhan Zhongheng New Science Domestic Frozen 119289894
& Technology Industrial Group non-state- 42.13% 119289894 0 Pledged 119289000
3Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
Co. Ltd owned legal
person
SEG (HONG KONG) CO. Overseas
LTD. legal person 5.85% 16569560 0
domestic
YAO MING natural 2.79% 7893513 0
person
GOOD HOPE CORNER Overseas
INVESTMENTS LTD. legal person 2.50% 7072000 0
Changjiang Securities Overseas
Brokerage (Hongkong) Co. Ltd. legal person 1.89% 5355249 0
Guoyuan Securities Brokerage Overseas
(Hong Kong) Limited legal person 1.40% 3870117 0
Overseas
Li Zhongqiu nature 1.00% 2830000 0
person
Beijing Tede Saint Private
Fundraising management has
Limited Company - Ted
Saint Investment - Tailai other 0.52% 1473700 0
Jingrui Private Equity Securities
investment fund
Overseas
Shengyin Investment Co. Ltd. 0.50% 1408600 0
legal person
ICBC
limited company
- Dacheng Zhongzheng 3
60 Internet+ other 0.43% 1210300 0
Big Data 100
Index securities investment
Capital Fund
Particular about top ten shareholders with un-restrict shares held
Type of shares
Shareholders’ name Amount of un-restrict shares held atPeriod-end Type Amount
Wuhan Zhongheng New Science & Technology RMB common
Industrial Group Co. Ltd 119289894 share 119289894
Domestically
SEG (HONG KONG) CO. LTD. 16569560 listed foreign 16569560
shares
Domestically
YAO MING 7893513 listed foreign 7072000
shares
Domestically
GOOD HOPE CORNER INVESTMENTS LTD. 7072000 listed foreign 5355249
shares
Changjiang Securities Brokerage (Hongkong) Domestically
Co. Ltd. 5355249 listed foreign 3870117shares
Guoyuan Securities Brokerage (Hong Kong) Domestically
Limited 3870117 listed foreign 2830000shares
Domestically
Li Zhongqiu 2830000 listed foreign 2111019
shares
Beijing Tede Saint Private
Fundraising management has RMB common
14737001788005
Limited Company - Ted share
Saint Investment - Tailai
4Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
Jingrui Private Equity Securities
investment fund
Domestically
Shengyin Investment Co. Ltd. 1408600 listed foreign 1408600
shares
ICBC
limited company
- Dacheng Zhongzheng 3
RMB common
60 Internet+ 1210300 1134400
share
Big Data 100
Index securities investment
Capital Fund
Among the top ten shareholders Li Zhongqiu is the actual controller
of Wuhan Zhongheng New Science & Technology Industrial Group
Co. Ltd. and is a party acting in concert. Shengyin Investment Co.Explanation on associated relationship among the aforesaid Ltd. is an overseas wholly-owned subsidiary of Wuhan Zhongheng
shareholders group.The Company neither knew whether there exists associatedrelationship among the other shareholders nor they belong to
consistent actors that are prescribed in Measures for the
Administration of Disclosure of Shareholder Equity Changes of
Listed Companies.Description of the above shareholders in relation to
delegate/entrusted voting rights and abstention from voting N/A
rights.(ii) Total shareholders with preferred stock held and shares held by top ten shareholders with preferred
stock held
□ Applicable √ Not applicable
III. Explanation on other significant events
√ Applicable □ Not applicable
(1) The Company signed Asset Exchange Contract with Wuhan Zhongheng New Science & Technology
Industrial Group Co. Ltd (hereinafter referred to as Wuhan Zhongheng Group) on 29 April 2009 (details were
referred to in the announcement dated 30 April 2009) and pursuant to the contract since part of the assets of the
Company (namely two parcel of industrial lands located at Huafa road Gongming town Guangming new district
Shenzhen (the property certificate No. were SFDZ No.7226760 and SFDZ No.7226763 No. of parcels were
A627-005 andA627-007 and the aggregate area was 48200 sq.m) were the lands listed in the first batch of plan
for 2010 Shenzhen urbanization unit planning preparation plan. For promotion of such urbanization project and
joint cooperation the Company has not completed the transfer procedures in respect of the aforesaid land.The Company convoked the first extraordinary meeting of the Board in 2015 on February 16 2015 and the first
extraordinary general meeting of the Board in 2015 on March 4 2015 which considered and approved the“Motion on promoting and implementing the urban renewal project for the renewal units of Huafa area atGongming street Guangming new district Shenzhen” specified that the Company and Wuhan Zhongheng Group
5Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
shall obtain the corresponding compensatory consideration for removal from the respectively owned project plots
and the respectively contributed and constructed above-ground buildings before the land development it is
estimated that the compensatory consideration obtained by the Company accounts for 50.5% of the total
consideration and Wuhan Zhongheng Group accounts for 49.5% by calculation.The sixth extraordinary meeting of the board of directors in 2015 and the third extraordinary general meeting of
2015 have considered and adopted the “Proposal on the project promotion and implementation of urban renewaland the progress of related transactions of ‘the updated units at Huafa Area Gong Ming Street Guangming NewDistrict Shenzhen’” the company has signed the “Agreement on the cooperation of urban renewal project of theupdated units at Huafa Area Gong Ming Street Guangming New District Shenzhen” “Contract for thecooperative venture of reconstruction project for Huafa Industrial Park Gong Ming Street Guangming NewDistrict” on 26 August 2015 and “Agreement on housing acquisition and removal compensation andresettlement” with Wuhan Wuhan Zhongheng Group Shenzhen Vanke Real Estate Co. Ltd. (hereinafter referred
to as “Shenzhen Vanke”) and Shenzhen Vanke Guangming Real Estate Development Co. Ltd. (hereinafter
referred to as “Vanke Guangming”).On 12 September 2016 Shenzhen Vanke applied for arbitration in respect of “Agreement on the cooperation ofurban renewal project of the updated units at Huafa Area Gong Ming Street Guangming New District Shenzhen”
against the Company and Wuhan Zhongheng Group. Shenzhen Court of International Arbitration (SCIA) has
given a ruling in August 2017. On August 29 2018 the court accepted the compulsory execution application of
Shenzhen Vanke. In October 2019 as a number of outsiders filed an “execution objection” and applied for “noexecution” to Shenzhen Intermediate People’s Court the Shenzhen Intermediate People’s Court ruled to terminate
the enforcement procedure on March 20 2020. If the “execution objection” and “no execution” proposed by
outsiders are rejected according to law Shenzhen Vanke may continue to apply to the Shenzhen Intermediate
People’s Court to resume execution.In April 2020 Zhongheng Semiconductor sued the company to Shenzhen Intermediate People’s Court and
requested the company to transfer the above mentioned two pieces of lands and compensate the economic loss of
52 million yuan the first and second trial judgments reject the Semiconductor’s appeal; ZhonghengSemiconductor sued the Company and the invalid of “Agreement on the cooperation of urban renewal project ofthe updated units at Huafa Area Gong Ming Street Guangming New District Shenzhen” signed by Wuhan
Zhongheng Group Company and Vanke the second trial rejects all claims of Zhongheng Semiconductor. Progress
of the case found more in the Notices released on Juchao website dated 14 Sept. 2016 1 Nov. 2016 16 Nov. 2016
on 18 Feb. 2017 24 March 2017 25 April 2017 1 July 2017 18 August 2017 9 Feb. 2018 25 Aug. 2018 7 Sept.
2018 21 Apr. 2020 3 Jun 2021 22 Jul. 2021 and Mar. 5 2022 respectively.
(2) On 31 December 2015 the 88750047 shares held by Wuhan Zhongheng Group are pledge to China
Merchants Securities Assets Co. Ltd. with due date of 31 December 2016. On 1 Feb. 2016 Wuhan Zhongheng
6Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
Group pledge the 27349953 shares held to China Merchants Securities Assets Co. Ltd. with due date of 31
December 2016. The above-mentioned pledged shares are deferred by Wuhan Zhongheng Group; pledge expired
on 31 December 2017. The trading day for repurchase put off to the date when pledge actually removed. Till end
of this period released controlling shareholder still not removed the pledge and the Company has apply by letter
relevant Notice of Presentment on Stock Pledge from Controlling Shareholder was released. Found more in notice
released on Juchao website date 2 Feb. 2018.In March 2021 Wuhan Zhongheng Group received the judgment on case of “pledged securities repurchasedispute” brought by China Merchants Securities Assets Management Co. Ltd from High People’s Court of
Guangdong Province. Wuhan Zhongheng Group appealed to the Supreme People’s Court against the decision.Found more in notice released on Juchao Website dated March 19 2021.
(3) The controlling shareholder Wuhan Zhongheng Group holds 119289894 shares of the Company’ stock
accounting for 42.13% of the total share capital of the Company of which 116489894 shares were judicially
frozen by Shenzhen Intermediate People's Court (hereinafter referred to as "Shenzhen Intermediate Court") on
September 27 2016 which were frozen again by the Shenzhen Intermediate People's Court on December 14
2018 with a frozen period of 36 months; the remaining 2800000 shares were frozen by the Shenzhen
Intermediate People's Court on May 29 2019 and were frozen again by the Higher People’s Court of Guangdong
Province on July 5 2019. For details please refer to the company’s announcements published on Juchao Website
dated October 27 2016 January 11 2019 May 31 2019 and August 7 2019.IV. Quarterly financial statements
(i) Financial statement
1. Consolidate balance sheet
Prepared by Shenzhen Zhongheng Huafa Co. Ltd.Unit: Yuan
Item September 30 2021 December 31 2020
Current assets:
Monetary fund 147761130.11 203169481.08
Settlement provisions
Capital lent
Trading financial assets
Derivative financial assets
Note receivable 9444993.22 7492500.00
Account receivable 229546447.19 137308706.33
Receivable financing 5029.83 0.00
Accounts paid in advance 43494930.86 12914673.96
Insurance receivable
Reinsurance receivables
7Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
Contract reserve of reinsurance
receivable
Other account receivable 2246295.16 2828023.20
Including: Interest receivable 147761130.11 203169481.08
Dividend receivable
Buying back the sale of financial
assets
Inventories
Contractual assets
Assets held for sale
Non-current asset due within one
year
Other current assets 5102765.07 7317692.75
Total current assets 508298094.00 429695587.90
Non-current assets:
Loans and payments on behalf
Debt investment
Other debt investment
Long-term account receivable
Long-term equity investment
Investment in other equity
instrument
Other non-current financial assets
Investment real estate 39553079.89 40849327.59
Fixed assets 161321496.32 163832355.78
Construction in progress
Productive biological asset
Oil and gas asset
Right-of-use assets
Intangible assets 32832725.26 34118614.02
Expense on Research and
Development
Goodwill
Long-term expenses to be
apportioned 232337.51 312762.05
Deferred income tax asset 9726778.38 9780562.38
Other non-current asset 1266850.00 1603471.78
Total non-current asset 244933267.36 250497093.60
Total assets 753231361.36 680192681.50
Current liabilities:
Short-term loans
Loan from central bank
Capital borrowed
Trading financial liability
Derivative financial liability
Note payable 80083746.84 89759131.93
Account payable 156072433.33 113419533.44
Accounts received in advance 168321.19 1033567.60
Contractual liability
Selling financial asset of repurchase
Absorbing deposit and interbank
deposit
Security trading of agency
Security sales of agency
Wage payable 4960155.60 9075932.81
Taxes payable 12290239.37 12565042.47
Other account payable 48582084.20 36343500.49
Including: Interest payable
8Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
Dividend payable
Commission charge and
commission payable
Reinsurance payable
Liability held for sale
Non-current liabilities due within
one year
Other current liabilities 20713196.47 8543159.83
Total current liabilities 322870177.00 270739868.57
Non-current liabilities:
Insurance contract reserve
Long-term loans
Bonds payable
Including: Preferred stock
Perpetual capital
securities
Lease liability
Long-term account payable
Long-term wages payable
Accrual liability 3662485.00 3662485.00
Deferred income 1772760.00 2131320.00
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 5435245.00 5793805.00
Total liabilities 328305422.00 276533673.57
Owner’s equity:
Share capital 283161227.00 283161227.00
Other equity instrument
Including: Preferred stock
Perpetual capital
securities
Capital public reserve 146577771.50 146577771.50
Less: Inventory shares
Other comprehensive income
Reasonable reserve
Surplus public reserve 77391593.25 77391593.25
Provision of general risk
Retained profit -82204652.39 -103471583.82
Total owner’ s equity attributable to
parent company 424925939.36 403659007.93
Minority interests
Total owner’ s equity 424925939.36 403659007.93
Total liabilities and owner’ s equity 753231361.36 680192681.50
Legal Representative: Li Zhongqiu
Person in charge of accounting works: Cao Li
Person in charge of accounting institute: Li Yan
2. Consolidated Profit Statement (from the year-begin to the period-end)
Unit: Yuan
Item Current period Last period
I. Total operating income 682950220.46 606267906.59
9Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
Including: Operating income 682950220.46 606267906.59
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 661952590.78 589697107.23
Including: Operating cost 599238313.82 533563290.00
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
Reinsurance expense
Tax and extras 3034448.77 2829407.41
Sales expense 22031245.89 18665947.32
Administrative expense 26844675.09 26382339.46
R&D expense 11702664.62 9164232.41
Financial expense -898757.41 -908109.37
Including: Interest
expenses -35.38 0.00
Interest income 1243736.39 606530.67
Add: other income 4090206.03 456549.95
Investment income (Loss is
listed with “-”) 554508.88 507795.06
Including: Investment income
on affiliated company and joint venture
The termination of
income recognition for financial assets
measured by amortized cost (Loss is
listed with “-”)
Exchange income (Loss is
listed with “-”)
Net exposure hedging income
(Loss is listed with “-”)
Income from change of fair
value (Loss is listed with “-”)
Loss of credit impairment
(Loss is listed with “-”)
Losses of devaluation of asset
(Loss is listed with “-”)
Income from assets disposal
(Loss is listed with “-”) 29841.52
III. Operating profit (Loss is listed with
“-”)25642344.5917564985.89
Add: Non-operating income 130095.07 292473.64
Less: Non-operating expense 118554.55 5069.97
IV. Total profit (Loss is listed with “-”) 25653885.11 17852389.56
Less: Income tax expense 4386953.68 3609339.15
V. Net profit (Net loss is listed with “-”) 21266931.43 14243050.41
(i) Classify by business continuity
1.continuous operating net profit(net loss listed with ‘-”)
2.termination of net profit (net losslisted with ‘-”)
(ii) Classify by ownership
1.Net profit attributable to owner’s
of parent company 21266931.43 14243050.41
10Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
2.Minority shareholders’ gains and
losses
VI. Net after-tax of other comprehensive
income
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
1.Changes of the defined
benefit plans that re-measured
2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
3.Change of fair value of
investment in other equity instrument
4.Fair value change of
enterprise's credit risk
5. Other
(ii) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
transfer to gain/loss
2.Change of fair value of
other debt investment
3.Amount of financial assets
re-classify to other comprehensive
income
4.Credit impairment
provision for other debt investment
5.Cash flow hedging reserve
6.Translation differences
arising on translation of foreign currency
financial statements
7.Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 21266931.43 14243050.41
Total comprehensive income
attributable to owners of parent 21266931.43 14243050.41
Company
Total comprehensive income
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.0751 0.0503
(ii) Diluted earnings per share 0.0751 0.0503
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: Li Zhongqiu
Person in charge of accounting works: Cao Li
Person in charge of accounting institute: Li Yan
11Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
3. Consolidated Cash Flow Statement (from the year-begin to the period-end)
Unit: Yuan
Item Current period Last period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 608762225.37 583441933.58
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 5963591.92 2076000.74
Other cash received concerning
operating activities 27430971.04 3142254.16
Subtotal of cash inflow arising from
operating activities 642156788.33 588660188.48
Cash paid for purchasing
commodities and receiving labor service 586372676.34 487454396.93
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
Cash paid to/for staff and workers 43800591.31 40334587.47
Taxes paid 9657292.61 9217317.13
Other cash paid concerning
operating activities 47002253.44 63787071.07
Subtotal of cash outflow arising from
operating activities 686832813.70 600793372.60
Net cash flows arising from operating
activities -44676025.37 -12133184.12
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
Cash received from investment
income 554508.88 507795.06
Net cash received from disposal of
fixed intangible and other long-term 419710.21
assets
Net cash received from disposal of
12Shenzhen Zhongheng Huafa Co. Ltd. The Third Quarterly Report for 2022
subsidiaries and other units
Other cash received concerning
investing activities 305000000.00 205000000.00
Subtotal of cash inflow from investing
activities 305554508.88 205927505.27
Cash paid for purchasing fixed
intangible and other long-term assets 1989091.80 2786994.60
Cash paid for investment
Net increase of mortgaged loans
Net cash received from subsidiaries
and other units obtained
Other cash paid concerning
investing activities 305000000.00 205000000.00
Subtotal of cash outflow from investing
activities 306989091.80 207786994.60
Net cash flows arising from investing
activities -1434582.92 -1859489.33
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
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
activities
Cash paid for settling debts
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
Subtotal of cash outflow from financing
activities
Net cash flows arising from financing
activities
IV. Influence on cash and cash
equivalents due to fluctuation in 378230.51 170384.77
exchange rate
V. Net increase of cash and cash
equivalents -45732377.78 -13822288.68
Add: Balance of cash and cash
equivalents at the period-begin 113151528.93 73014739.63
VI. Balance of cash and cash equivalents
at the period-end 67419151.15 59192450.95
(iii) Audit report
Whether the 3rd quarterly report has been audited or not
□Yes √ No
The 3rd quarterly report of the Company has not been audited.Board of Directors of
Shenzhen Zhongheng Huafa Co. Ltd.October 23 2025
13



