深纺织B:2023年第三季度报告

Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 2023

Stock code: 000045200045 Stock Abbreviation: Shen Textile A Shen Textile B Announcement No. :2023-39

Shenzhen Textile (Holdings) Co. Ltd.The Third Quarterly Report 2023

The members of the Board and the Company acknowledge being responsible for the truthfulness accuracy and completeness

of the announcement. Not any false record misleading statement or significant omission carried in this announcement

Important Notice

The Board of Directors Supervisory Committee all directors supervisors and senior executives of the

Company hereby guarantees that there are no misstatement misleading representation or important omissions in

this report and shall assume joint and several liability for the authenticity accuracy and completeness of the

contents hereof.

2. Person in charge of the Company head of accounting and person in charger of accounting organ (accounting

officer) hereby confirm that the financial information of this Quarterly Report is authentic accurate and complete.

3. The third quarterly report audited or not

□Yes √No

1Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 2023

I. Main financial data

(i) Main accounting data and financial indexes

Indicate by tick mark whether there is any retrospectively restated datum in the table below.□ Yes √No

Increase/decrease

Increase/decrease in

from year-begin

the period compared

Year-begin to to period-end

Current period with the same

period-end compared with the

period of the

same period of the

previous year

Operating income（RMB） 827289643.21 22.22% 2317385312.76 9.21%

Net profit attributable to the

shareholders of the listed company 30277434.06 114.49% 66584597.03 17.75%（RMB）

Net profit after deducting of non-

recurring gain/loss attributable to the

shareholders of listed company 26677203.43 174.16% 54364530.04 21.62%（RMB）

Cash flow generated by business

operation net（RMB） — — 64740508.96 -44.14%

Basic earning per share(RMB/Share) 0.0598 114.34% 0.1315 17.83%

Diluted gains per

share(RMB/Share)(RMB/Share) 0.0598 114.34% 0.1315 17.83%

Weighted average ROE(%) 1.05% 0.55% 2.32% 0.32%

Changes of this period-end over same

End of this period End of last period

period-end of last year(%)

Gross assets（RMB） 5741166019.48 5617137367.90 2.21%

Net assets attributable to the

shareholders of the listed company 2885682841.55 2849264555.21 1.28%（RMB）（ii）Items and amount of non-current gains and losses Items and amount of non-current gains and losses

√ Applicable □ Not applicable

In RMB

Items Current amount Year-begin to period-end Note

Gains/losses from the disposal of non-current

asset (including the write-off that accrued for 0.00 321.08

impairment of assets)

Governmental subsidy calculated into current

gains and losses(while closely related with the

normal business of the Company the government Mainly for the government

subsidy that accord with the provision of national 9065102.42 28434409.97 subsidies

policies and are continuously enjoyed in line with

a certain standard quota or quantity are excluded)

Other non-operating income and expenses other Mainly for quality

-2077510.48-4713703.74

than the above compensation

Less: impact on income tax

1042626.123546815.78

Impact on minority shareholders’ equity (post-

tax) 2344735.19 7954144.54

Total

3600230.6312220066.99--

Details of other profit and loss items that meet the non-recurring profit and loss definition

2Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 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

Ending Operating

Items balance(RMB balance(RMB Changes ratio Reasons of changes

'0000)'0000)

Mainly due to the purchase of wealth management

Monetary funds 47029.04 99179.00 -52.58%

products and the repayment of long-term loans

Mainly due to the purchase of wealth management

Trading financial assets 77172.73 31960.54 141.46%

products.Mainly due to the increase in sales and the

Account receivable 88912.77 63658.35 39.67%

extension of credit periods.Mainly due to the endorsement of notes receivable

Financing receivable 1961.54 5441.38 -63.95%

and settlement at maturity.Mainly due to the increase in prepaid material

Prepayments 3438.08 1839.14 86.94%

payments.Mainly due to the lifting of restrictions on

Other account receivable 441.61 1058.60 -58.28%

restricted funds.Construction in progress 6155.24 3806.16 61.72% Mainly due to the new RTP project in this period.Long-germ expenses to be Mainly due to expenses amortization in the current

296.16447.10-33.76%

amortized period.Mainly to the decrease in prepaid equipment

Other non-current asset 2789.15 4255.30 -34.45% payments.Mainly due to the increase in stock of goods and

Account payable 43989.46 32704.99 34.50%

materials due to the increase of production.Mainly due to the increase in the in-advance

Contract liabilities 830.04 427.41 94.20% receipt of development service fees of the

partners.Amount at the

Amount at the

same period of

Items period(RMB Changes ratio Reasons of changes

last year(RMB

'0000)

R&D expense 8086.35 5916.90 36.67% Mainly due to the increased investment in R&D.Mainly due to the decrease in interest expense and

Financial expenses -348.18 186.80 -286.39%

the increase in interest income.Mainly due to the recognition of the decrease in

Investment gain 1053.20 1572.65 -33.03%

investment income from the joint venture.Mainly due to the increase in accounts receivable

Credit impairment loss -1591.69 -8.88 -17824.44% balance and the increase in the credit impairment

provision ratio due to higher sales.Mainly due to the increase in government

Other income 2843.44 1865.06 52.46%

subsidies.Mainly due to the increase in the loss of disposal

Assets disposal income 0.03 -1.11 102.70%

of fixed assets in the same period of the previous

3Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 2023

year.Mainly due to the increase in reimbursement

Non-operational income 61.42 188.22 -67.37% payments received from vendors during the same

period last year.Mainly due to the increase in quality

Non-operating expense 532.79 93.34 470.81%

compensation in the current period.Mainly due to the increase in taxable income in

Income tax expenses 895.27 63.71 1305.23%

the current period.Mainly due to the recovery of customs deposits

Net cash generated from /used in

6474.06 11590.18 -44.14% and incremental tax refunds in the same period of

operating activities

the previous year.Net cash flow generated by Mainly due to the purchase of wealth management

-49869.1013905.02-458.64%

investment products in the current period.Net cash flow generated by Mainly due to the repayment of long-term

-12923.56186.82-7017.65%

financing borrowings.II. Shareholders

(i)Total number of common shareholders and preference shareholders with voting rights recovered and

top ten shareholders

In Shares

Total number of common

Total preference shareholders with voting rights

shareholders at the end of report 27662 0

recovered at end of reporting period (if applicable)

period

Top ten shareholders

Information of shares

Proportio Amount

pledged tagged or frozen

Nature of n of Amount of of lock-up

Shareholder’s name State of

shareholder shares shares held shares Amount

held held share

Shenzhen Investment Holdings State-owned legal

Co. Ltd. person 46.21% 234069436

Shenzhen Shenchao Technology State-owned legal

3.18%16129032

Investment Co. Ltd. person

Domestic Nature

Sun Huiming

person 1.26% 6399653

Domestic non-

Zhangzhou Xiaotian Venture

state-owned legal 0.83% 4188800

Capital Co. Ltd.person

Domestic Nature

Chen Zhaoyao person 0.74% 3731200

Domestic Nature

Su Weipeng

person 0.71% 3580000 Pledge 2800000

China Construction Bank Co. Ltd

－Xinao new energy industry Other 0.68% 3466484

equity securities investment fund

Domestic Nature

Chen Xiaobao person 0.62% 3156484

Domestic Nature

Li Zengmao

person 0.55% 2764697

Domestic Nature

Peng Xun person 0.33% 1652800

Shareholding of top 10 shareholders of unrestricted shares

Quantity of Share type

unrestricted

shares held at

Name of the shareholder

the end of the Share type Quantity

reporting

period

Shenzhen Investment Holdings Co. Ltd. 234069436 RMB Common 234069436

4Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 2023

RMB Common

Shenzhen Shenchao Technology Investment Co. Ltd. 16129032 16129032

Foreign shares

placed in

Sun Huiming 6399653 6399653

domestic

exchange

RMB Common

Zhangzhou Xiaotian Venture Capital Co. Ltd. 4188800 4188800

RMB Common

Chen Zhaoyao 3731200 3731200

RMB Common

Su Weipeng 3580000 3580000

China Construction Bank Co. Ltd －Xinao new energy industry equity RMB Common

34664843466484

securities investment fund shares

RMB Common

Chen Xiaobao 3156484 3156484

RMB Common

Li Zengmao 2764697 2764697

RMB Common

Peng Xun 1652800 1652800

Shenzhen Investment Holdings Co. Ltd. and Shenzhen Shenchao

Technology Investment Co. Ltd. which are both under the actual control

of the State-owned Assets Supervision and Administration Commission

of the Shenzhen Municipal People's Government are the concerted

Related or acting-in-concert parties among actors. In addition the Company is unclear about whether there is any

shareholders above association among the top 10 shareholders of unrestricted circulation

shares or between the top 10 shareholders of unrestricted circulation

shares and the top 10 shareholders or whether they are concerted actors

as stipulated in the Administrative Measures for the Disclosure of

Shareholding Information of Shareholders in Listed Companies.Explanation on shareholders participating in the

None

margin trading business(if any )

(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

（I）The progress of this reorganization

According to the relevant regulations of Shenzhen Stock Exchange upon the application of the company

the shares of the company were suspended from trading on the morning of December 19 2022. On December

30 2022 the company held the nineteenth meeting of the Eighth Board of Directors and the thirteenth meeting

of the Eighth Board of Supervisors and deliberated and passed the Proposal on the "Plan for Shenzhen Textile

(Group) Co. Ltd. to Issue Shares Pay Cash to Purchase Assets and Raise Matching Funds and Related Party

Transactions" and Its Summary and other proposals related to this transaction. The company's shares resumed

trading on the morning of January 3 2022. The Company intends to purchase 100% equity of Hengmei

Optoelectronics Co. Ltd. by issuing shares and paying cash and at the same time it plans to raise matching

funds from non-public offering of shares to no more than 35 qualified specif ic targets (hereinafter referred to as

"this transaction"). This transaction constitutes a related party transaction and is expected to constitute a major

asset restructuring but it does not constitute a restructuring and listing nor will it lead to the change of the

actual controller of the company. This transaction is conducive to the company's strong alliance in the polarizer

5Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 2023

industry rapidly increasing the production scale of polarizers optimizing the layout of industrial chain and

deepening the depth of technical reserves making the company move towards a new level of high-quality

development. Meanwhile this major asset restructuring is in line with the relevant development strategies of the

country and Shenzhen and has positive signif icance for ensuring the security of the national new display supply

chain.Since the disclosure of the transaction plan the Company and the relevant parties have actively promoted

the audit evaluation due diligence and other work involved in this transaction. According to the requirements

of relevant laws and regulations the Company shall convene the meeting of the board of directors before June

30 2023 to consider the draft restructuring report and issue a notice of convening a general meeting of

shareholders. Since the validity period of the financ ial data of the target company of this transaction is about to

expire the intermediary intends to conduct additional audits and supplementary due diligence and the

Company still needs to communicate and negotiate the details of the transaction with the counterparty there is

uncertainty as to whether to adjust the restructuring plan therefore the Company can not disclose the draft

restructuring report plan and issue a notice of convening a general meeting of shareholders before June 30

2023.After mutual consensus among all parties involved in the transaction the Company will continue to

advance this transaction. For details please refer to the Company's Announcement No. 2023-29 on CNINF

(http://www.cninfo.com.cn)

Presently the Company is further communicating and negotiating the details of the transaction with the

counterparty and coordinating with various intermediaries to carry out additional audit assessment and

supplementary due diligence of the target company as well as negotiating with the counterparty to determine

the transaction plan and perform the state-owned assets approval procedures. Upon completion of the relevant

work the Company will reconvene the meeting of the Board of Directors to consider matters related to the

transaction and the date of the announcement of the resolution of the Board of Directors will be used as the

pricing reference date for the shares to be issued for the transaction.

（2） Disposal of assets of the joint venture company Shenzhen Xieli

Shenzhen Xieli Automobile Enterprise Co. Ltd. (hereinafter referred to as "Shenzhen Xieli") is a Sino

foreign joint venture established by the company and Hong Kong Xieli Maintenance Company in 1981 with a

registered capital of 3.12 million yuan. The company holds 50% of the equity. The company's operating period

ended in 2008 and its business license was revoked in 2014. The company's main assets are real estate. In

March 2020 Shenzhen Xieli Industrial and Commercial Co. Ltd. has been cancelled but there are still three

properties under its name that need to be resolved through further negotiation between the shareholders of both

parties.On July 26 2021 the Company filed a complaint with the People's Court of Yantian District Shenzhen

City Guangdong Province to revoke the approval of cancelation of Shenzhen Xieli Automobile Enterprise Co.Ltd by the Shenzhen Market Supervision and Administration Bureau. In November 2021 the court ruled to

revoke the aforementioned approval of cancellation. Hong Kong Xieli Maintenance Company and Shenzhen

Market Supervision and Administration Bureau were not satisfied and submitted appeal petitions to the

Shenzhen Intermediate People's Court respectively. On June 28 2022 the Shenzhen Intermediate People's

Court ruled in the second instance: revoked the administrative judgment-No. 1883(2021) Yue 0308 Xingchuof

the Yantian District People's Court of Shenzhen City Guangdong Province and remanded it to the Yantian

District People's Court of Shenzhen City Guangdong Province for a new trial.After a new trial the Yantian District People's Court ruled in favor of the Company on December 30 2022

and revoked the administrative act of Shenzhen Xieli to cancel its registration. The third party in the original

trial Hong Kong Xieli Maintenance Company was not satisfied and appealed to the Shenzhen Intermediate

6Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 2023

People's Court on January 10 2023. Later as Hong Kong Xieli Maintenance Company failed to pay the case

acceptance fee in advance the Shenzhen Intermediate People's Court issued the No. 387(2023) Yue 03 Xing

Final Administrative Ruling ruling that the appellant Hong Kong Xieli Maintenance Company in the case

withdraws its appeal.IV. Quarterly financial statements

(i) Financial statement

1. Consolidated balance sheet

Prepared by: Shenzhen Textile (Holdings) Co. Ltd.September 302023

In RMB

Items September 302023 January 1 2023

Current asset：

Monetary fund 470290439.35 991789968.19

Settlement provision

Outgoing call loan

Transactional financial assets 771727264.85 319605448.44

Derivative financial assets

Notes receivable 68775717.88 74619100.26

Account receivable 889127673.50 636583469.93

Financing receivable 19615428.60 54413796.91

Prepayments 34380815.12 18391444.67

Insurance receivable

Reinsurance receivable

Provisions of Reinsurance contracts

receivable

Other account receivable 4416065.59 10585975.38

Including：Interest receivable

Dividend receivable

Repurchasing of financial assets

Inventories 699016900.84 558447648.77

Contract assets

Assets held for sales

Non-current asset due within 1 year

Other current asset 63184824.60 69535531.24

Total of current assets 3020535130.33 2733972383.79

Non-current assets：

Loans and payment on other’s behalf

disbursed

Creditors' right investment

Other creditors' right investment

Long-term receivable

Long term share equity investment 130383936.52 134481835.74

Long-term equity instrument investment 167678283.27 167678283.27

Other non-current financial assets

Property investment 120062786.14 126315834.76

Fixed assets 2086641378.65 2240221656.36

Construction in progress 61552360.40 38061619.60

Production physical assets

7Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 2023

Oil & gas assets

Use right assets 14986786.35 15365393.88

Intangible assets 40572571.45 44192571.95

Development expenses

Goodwill

Long-germ expenses to be amortized 2961561.72 4470957.79

Deferred income tax asset 67899705.20 69823814.29

Other non-current asset 27891519.45 42553016.47

Total of non-current assets 2720630889.15 2883164984.11

Total of assets 5741166019.48 5617137367.90

Current liabilities

Short-term loans 8000000.00 7000000.00

Loan from Central Bank

Borrowing funds

Transactional financial liabilities

Derivative financial liabilities

Notes payable 26361144.87 0.00

Account payable 439894591.02 327049873.70

Advance receipts 1304306.94 1393344.99

Contract liabilities 8300395.37 4274109.40

Selling of repurchased financial assets

Deposit taking and interbank deposit

Entrusted trading of securities

Entrusted selling of securities

Employees’ wage payable 59413335.42 61166444.90

Tax payable 8985760.00 8897312.51

Other account payable 185502332.42 197345455.37

Including：Interest payable

Dividend payable

Fees and commissions payable

Reinsurance fee payable

Liabilities held for sales

Non-current liability due within 1 year 109505189.52 104183438.22

Other current liability 103379047.89 92945741.78

Total of current liability 950646103.45 804255720.87

Non-current liabilities：

Reserve fund for insurance contracts

Long-term loan 531736753.70 607421585.00

Bond payable

Including：preferred stock

Sustainable debt

Lease liability 8681857.24 8628672.71

Long-term payable

Long-term remuneration payable to staff

Expected liabilities

Deferred income 101641808.72 117814796.10

Deferred income tax liability 48460022.97 47974267.80

Other non-current liabilities

Total non-current liabilities 690520442.63 781839321.61

Total of liability 1641166546.08 1586095042.48

Owners’ equity

Share capital 506521849.00 506521849.00

Other equity instruments

Including：preferred stock

Sustainable debt

Capital reserves 1961599824.63 1961599824.63

8Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 2023

Less：Shares in stock

Other comprehensive income 109821609.56 109596609.31

Special reserve

Surplus reserves 100909661.32 100909661.32

Common risk provision

Retained profit 206829897.04 170636610.95

Total of owner’s equity belong to the

parent company 2885682841.55 2849264555.21

Minority shareholders’ equity 1214316631.85 1181777770.21

Total of owners’ equity 4099999473.40 4031042325.42

Total of liabilities and owners’ equity 5741166019.48 5617137367.90

Legal Representative: Yin Kefei

Person in charge of accounting：He Fei

Accounting Dept Leader: Huang Min

2. Consolidated Income statement between the beginning of the year and end of the report period

In RMB

Items Current period Last period

I. Total operating income 2317385312.76 2122038324.26

Including: Operating income 2317385312.76 2122038324.26

Interest income

Insurance gained

Commission charge and commission income

II. Total operating cost 2158341589.72 1998673168.36

Including: Operating cost 1951681550.07 1809191065.23

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 6741061.59 6182079.66

Sales expense 25113037.81 27585766.98

Administrative expense 97424211.28 94677249.25

R&D expense 80863547.15 59169009.30

Financial expenses -3481818.18 1867997.94

Including: Interest expenses 20718894.44 24061322.83

Interest income 10302226.08 3157162.86

Add: other income 28434409.97 18650648.01

Investment income (Loss is listed with “-”) 10532038.03 15726531.05

Including: Investment income on affiliated company and joint

venture -4144259.37 -259269.65

The termination of income recognition for financial assets

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 “-”)

Loss of credit impairment (Loss is listed with “-”) -15916863.36 -88779.12

Losses of devaluation of asset (Loss is listed with “-”) -69422857.27 -66843100.94

Income from assets disposal (Loss is listed with “-”) 321.08 -11114.72

9Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 2023

III. Operating profit (Loss is listed with “-”) 112670771.49 90799340.18

Add: Non-operating income 614225.47 1882156.93

Less: Non-operating expense 5327929.21 933355.03

IV. Total profit (Loss is listed with “-”) 107957067.75 91748142.08

Less: Income tax expense 8952702.48 637078.69

V. Net profit (Net loss is listed with “-”) 99004365.27 91111063.39

(i) Classify by business continuity

1. Net profit from continuing operations (net loss listed with “-”) 99004365.27 91111063.39

2. Net profit from termination of operations (net loss listed with “-”)

(ii) Classify by ownership

1.Net profit attributable to owner’s of parent company 66584597.03 56549475.58

2.Minority shareholders’ gains and losses 32419768.24 34561587.81

VI. Net after-tax of other comprehensive income 344093.65 174097.19

Net after-tax of other comprehensive income attributable to

owners of parent company 225000.25 174097.19

(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 225000.25 174097.19

1.Other comprehensive income under equity method that can

transfer to gain/loss

2.Change of fair value of other debt investment 178640.10 0.00

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 46360.15 174097.19

7.Other

Net after-tax of other comprehensive income attributable to

minority shareholders 119093.40 0.00

VII. Total comprehensive income 99348458.92 91285160.58

Total comprehensive income attributable to owners of parent

Company 66809597.28 56723572.77

Total comprehensive income attributable to minority shareholders 32538861.64 34561587.81

VIII. Earnings per share:

(i) Basic earnings per share 0.1315 0.1116

(ii) Diluted earnings per share 0.1315 0.1116

Legal Representative: Yin Kefei

Person in charge of accounting：He Fei

Accounting Dept Leader: Huang Min

3. Consolidated Cash Flow Statement Between the Beginning of the Year and End of the Report Period

In RMB

Item Current period Last period

I. Cash flows arising from operating activities:

10Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 2023

Cash received from selling commodities and providing labor

services 2086209515.29 2044749583.04

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 5618351.26 102084755.82

Other cash received concerning operating activities 120957976.01 223098022.41

Subtotal of cash inflow arising from operating activities 2212785842.56 2369932361.27

Cash paid for purchasing commodities and receiving labor service 1846472743.97 1962651670.28

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 192492635.92 187871082.89

Taxes paid 32358463.62 27776039.08

Other cash paid concerning operating activities 76721490.09 75731785.57

Subtotal of cash outflow arising from operating activities 2148045333.60 2254030577.82

Net cash flows arising from operating activities 64740508.96 115901783.45

II. Cash flows arising from investing activities:

Cash received from recovering investment 0.00 27930000.00

Cash received from investment income 11349359.54 6259724.70

Net cash received from disposal of fixed intangible and other long-

term assets 9550.00 2776.70

Net cash received from disposal of subsidiaries and other units

Other cash received concerning investing activities 760719927.09 795000000.00

Subtotal of cash inflow from investing activities 772078836.63 829192501.40

Cash paid for purchasing fixed intangible and other long-term

assets 26982886.70 40142302.73

Cash paid for investment

Net increase of mortgaged loans

Net cash received from subsidiaries and other units obtained

Other cash paid concerning investing activities 1243787000.00 650000001.00

Subtotal of cash outflow from investing activities 1270769886.70 690142303.73

Net cash flows arising from investing activities -498691050.07 139050197.67

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 3000000.00 50572000.00

Other cash received concerning financing activities

Subtotal of cash inflow from financing activities 3000000.00 50572000.00

Cash paid for settling debts 72926546.08 0.00

Cash paid for dividend and profit distributing or interest paying 50640572.66 48703785.07

Including: Dividend and profit of minority shareholder paid by

subsidiaries

Other cash paid concerning financing activities 8668531.69 0.00

Subtotal of cash outflow from financing activities 132235650.43 48703785.07

Net cash flows arising from financing activities -129235650.43 1868214.93

IV. Influence on cash and cash equivalents due to fluctuation in -992076.53 1492953.49

11Shenzhen Textile(Holdings) Co. Ltd. The Third Quarterly Report 2023

exchange rate

V. Net increase of cash and cash equivalents -564178268.07 258313149.54

Add: Balance of cash and cash equivalents at the period-begin 874474834.46 302408433.72

VI. Balance of cash and cash equivalents at the period-end 310296566.39 560721583.26（ii）The Company started implementing the updated accounting standards commencing from 2023 and

adjusted the relevant items in the financial statements at the beginning of the very year involved in the

initial implementation of the said standards

□Applicable √Not applicable

(iii) Audit report

Whether the First quarterly report has been audited or not

□Yes √ No

The Third quarterly report of the Company has not been audited.The Board of Directors of Shenzhen Textile (Holdings) Co. Ltd.October 28 2023

行情