深赛格B：2020年第三季度报告正文（英文版）

Stock code: 000058 200058 Notice No.:2020-084

Stock abbreviation: SHEN SEG SHEN SEG B

Body of Q3 2020 Report of

Shenzhen SEG Co. Ltd.

Section I. Important Notes

Board of Directors and the Supervisory Committee of Shenzhen SEG Co. Ltd.

(hereinafter referred to as the Company) and its directors supervisors and

senior executives 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.

All directors of the Company are attended the Meeting for quarterly report

deliberation.Zhangliang Principal of the Company; Yan Dongxia Person in Charge of

Accounting Work; Wang Lei Person in Charge of Accounting Organization

(Accounting Officer) hereby confirm that the Financial Report of the Third

Quarterly Report is authentic accurate and complete.

Section II. Basic information of Company

I. Main accounting data and index

Whether it has retroactive adjustment or re-statement on previous accounting data or not

□Yes √No

Current period-end Period-end of last year Increase/decrease

Total assets (RMB) 5828666628.54 6190598894.81 -5.85%

Net assets attributable to

shareholders of listed company

(RMB)

1950728114.63 1899384178.95 2.70%

Current period

Increase/decrease in

comparison with

same period of last

year

Year-begin to end of

the Period

Increase/decrease in

comparison with

year-begin to

Period-end of last

year

Operating revenue (RMB) 301827368.72 -13.29% 1078720419.17 -3.13%

Net profit attributable to

shareholders of the listed

company (RMB)

34247890.09 26.98% 93318718.92 -15.36%

Net profit attributable to

shareholders of the listed

company after deducting

non-recurring gains and losses

(RMB)

13451259.45 -9.13% 54129420.41 22.94%

Net cash flow arising from

operating activities (RMB)

102532507.71 439.18% 153056581.83 51.52%

Basic earnings per share

(RMB/Share)

0.0277 27.06% 0.0755 -15.36%

Diluted earnings per share

(RMB/Share)

0.0277 27.06% 0.0755 -15.36%

Weighted average ROE 1.74% 0.32% 4.82% -0.99%

Items and amount of extraordinary profit (gains)/losses

√Applicable □Not applicable

In RMB

Item

Amount from year-begin to

end of the Period

Note

Gains/losses from the disposal of non-current asset (including

the write-off that accrued for impairment of assets)

20875516.77 Selling the Huakong SEG stock

Governmental subsidy reckoned into current gains/losses (not

including the subsidy enjoyed in quota or ration according to

national standards which are closely relevant to enterprise’s

business)

9412190.54

Capital occupation fee charged to non-financial enterprises

included in current profit and loss

1309925.26

Gains/losses from entrusted investment or assets management 20865258.75 Profit of financial product

Trustee fee from entrusted operation 114091.90

Other non-operating income and expenditure except for the

aforementioned items

2211510.93

Other items conforming to the definition of non-recurring profit

and loss

2045625.17

Less: impact on income tax 13896655.96

Impact on minority shareholders’ equity (post-tax) 3748164.85

Total 39189298.51 --

Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies

Offering Their Securities to the Public --- Extraordinary Profit/loss and 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 explain reasons

□ Applicable √ Not applicable

In reporting period the Company has no particular about 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.II. Statement of the total shareholders and shares-held of top ten shareholders at end of the

Period

1. Common and preferred stockholders with voting rights recover and the top ten share-holding

In Share

Total common shareholders at the

end of report period

80480

Total preferred stockholders

with voting rights recover at

the end of report period (if

applicable)

Top ten shareholders

Shareholders

Nature of

shareholder

Proportion of

shares held

Amount of

shares held

Amount of

restricted

shares held

Number of share pledged/frozen

State of share Amount

Shenzhen SEG

Group Co. Ltd.State-owned

corporate

56.70% 700618759 450857239

LI SHERYN

ZHAN MING

Overseas

natural person

0.73% 9063952

Liu Guocheng

Domestic

natural person

0.59% 7250502

Hou Xiulan

Domestic

natural person

0.41% 5100000

Yang Fan

Domestic

natural person

0.32% 3977000

Liu Guohong

Domestic

natural person

0.28% 3399903

Gong Qianhua

Overseas

natural person

0.24% 2940000

China

Securities

Finance

Corporation

Limited

Domestic

non-state legal

person

0.18% 2271900

Xie Zhenghao

Domestic

natural person

0.18% 2236501

Hong Kong

Securities

Clearing

Company

Limited

Foreign legal

person

0.18% 2169437

Particular about top ten shareholders with un-restrict shares held

Shareholders Amount of un-restrict common shares held

Type of shares

Type Amount

Shenzhen SEG Group Co. Ltd. 249761520

RMB common

249761520

LI SHERYN ZHAN MING 9063952

Domestically

listed foreign

9063952

Liu Guocheng 7250502

Domestically

listed foreign

7250502

Hou Xiulan 5100000

RMB common

5100000

Yang Fan 3977000

RMB common

3977000

Liu Guohong 3399903

Domestically

listed foreign

3399903

Gong Qianhua 2940000

Domestically

listed foreign

2940000

China Securities Finance

Corporation Limited

2271900

RMB common

2271900

Xie Zhenghao 2236501

RMB common

2236501

Hong Kong Securities Clearing

Company Limited

2169437

RMB common

2169437

Explanation on related

relationship or concerted action

among the above mentioned

shareholders

Shenzhen SEG Group Co. Ltd. has no association relationship with other shareholders and

is not a person acting in concert with other shareholders as specified in the Management

Methods for Disclosure of Information on Changes in Shareholding Status of Shareholders

of Listed Companies. It is unclear whether other shareholders are persons acting in concert.

Explanation on top 10

shareholders involving margin

business (if applicable)

In the foregoing top 10 shareholders Xie Zhenghao holds 560100 share of the Company in

the ordinary account and 1676401 shares in the margin trading investor credit account

which are 2236501 shares of the Company in total.Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement

dealing in reporting period

□ Yes √ No

The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back

agreement dealing in reporting period.

2. Total of shareholders with preferred stock held and the top ten shareholdings

□Applicable √Not applicable

Section III. Important events

I. Particular about major changes from items of main accounting statements and financial

indexes as well as reasons

√ Applicable □Not applicable

(i) Consolidate Balance Sheet

In RMB

Item Closing balance Opening balance Difference

Increase or decrease

over the previous year

(%)

Note receivable 4133400.00 7637000.00 -3503600.00 -45.88%

Account receivable 85133758.72 46742740.72 38391018.00 82.13%

Other receivable 70452610.21 53999926.45 16452683.76 30.47%

Wages payable 44699132.28 67138794.88 -22439662.60 -33.42%

Non-current liability due within

one year

411000000.00 289044403.94 121955596.06 42.19%

Long-term loans 482500000.00 781817739.49 -299317739.49 -38.28%

Deferred income 3566918.34 5163798.28 -1596879.94 -30.92%

1. Note receivable: decreased 3503600 Yuan over that of period-begin with 45.88% down mainly due to the acceptance of note

receivable in the Period.

2. Account receivable: increased 38391018 Yuan over that of period-begin with 82.13% up mainly due to the means of payments

for property management business.

3. Other receivable: increased 16452683.76 Yuan over that of period-begin with 30.47% up mainly due to the increase of

operational contacts.

4. Wages payable: decreased 22439662.60 Yuan over that of period-begin with 33.42% down mainly due to the payment of wages

in the Period.

5. Non-current liability due within one year: increased 121955596.06 Yuan over that of period-begin with 42.19% up mainly due to

the increase of long-term loans due within one year.

6. Long-term loans: decreased 299317739.49 Yuan over that of period-begin with 38.28% down mainly because part of the

long-term loans is paid in the Period.

7. Deferred income: decreased 1596879.94 Yuan over that of period-begin with 30.92% down mainly because part of the deferred

income is carried forward in the Period.(II) Consolidate Profit Statement

In RMB

Item

Amount of the current

period

Amount of the previous

period

Difference

Increase or decrease over

the previous year (%)

Taxes and surcharge 77116160.93 49262755.54 27853405.39 56.54%

Other income 11457815.71 5720879.15 5736936.56 100.28%

Investment income 30119271.57 76745625.33 -46626353.76 -60.75%

Income tax expenses 51976350.33 76293559.52 -24317209.19 -31.87%

1. Taxes and surcharge: an increase of 27853405.39 Yuan over the same period last year with 56.54% up mainly because VAT for

lands is increased in the Period.

2. Other income: an increase of 5736936.56 Yuan over the same period last year with 100.28% up mainly due to the increase of

government subsidy received in the Period.

3. Investment income: a decrease of 46626353.76 Yuan over the same period last year with 60.75% down mainly because income

from selling the Huakong SEG stock decreased on a y-o-y basis.

4. Income tax expenses: a decrease of 24317209.19 Yuan over the same period last year with 31.87% down mainly because total

profit in the Period declined.(III) Consolidate Cash Flow

Statement

In RMB

Item Amount of the current period

Amount of the

previous period

Difference

Increase or decrease over

the previous year (%)

Net cash flow arising from

operation activity

153056581.83 101017368.07 52039213.76 51.52%

Net cash flow arising from

investment activity

86943802.70 -628918862.22 715862664.92 113.82%

Net cash flow arising from

financing activity

-304096806.23 -440926712.55 136829906.32 31.03%

Net increase of cash and cash

equivalent

-64096421.70 -968827781.68 904731359.98 93.38%

1. Net cash flow arising from operation activity: an increase of 52039213.76 Yuan over the same period last year with 51.52% up

mainly because operational expenditure declined in the Period.

2. Net cash flow arising from investment activity: an increase of 715862664.92 Yuan over the same period last year with 113.82%

up mainly because bank financial collected in the Period increased on a y-o-y basis.

3. Net cash flow arising from financing activity: an increase of 136829906.32 Yuan over the same period last year with 31.03% up

mainly because the net external financing amount increased on a y-o-y basis.

4. Net increase of cash and cash equivalent: an increase of 904731359.98 Yuan over the same period last year with 93.38% up

mainly because the net cash flow arising from operation activity investment activity and financing activity are increased in the

Period.II. Progress of significant events their influences and analysis and explanation of their

solutions

√ Applicable □Not applicable

There are no other major events than major events in the following table.Overview Disclosure date Query index for interim notice

1. 55% equity of Xi’an Kanghong

transfer through public listing by SEG

Property

4 July 2020

Juchao website:

http://www.cninfo.com.cn/(Resolution of

the 10th extraordinary Meeting of 8th

BOD and Notice on Planning on transfer

55% equity of Xi’an SEG Kanghong

Property Co. Ltd. through public listing

by controlling subsidiary and with

related transactions concerned )

17 July 2020

Juchao website:

http://www.cninfo.com.cn/(Notice on

Replying the Letter of Concern from

Shenzhen Stock Exchange)

4 August 2020

Juchao website:

http://www.cninfo.com.cn/ (Notice on

the Assets Appraisal Report Obtained a

Filed by Shenzhen SASAC-resulted by

the equity transfer of controlling

subsidiary)

7 August 2020

Juchao website:

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

of the 4th extraordinary shareholders

general meeting of 2020)

2.Litigation of SEG New City and

relevant progress

10 July 2020

Juchao website:

http://www.cninfo.com.cn/ (Notice on

Release of Seizure for part of the

Property from controlling

sub-subsidiary)

12 August 2020

Juchao website:

http://www.cninfo.com.cn/ (Notice on

Receiving the ‘Enforcement Ruling’ and

‘Notice to Assist in Enforcement’ by

subordinate enterprise)

16 September 2020

Juchao website:

http://www.cninfo.com.cn/ (Notice on

Litigation Progress of the controlling

sub-subsidiary)

23 October 2020

Juchao website:

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

（Announcement on Receipt of the“Notice of Additional Third Party” bysubordinate consolidated enterprises）

3. Progress of the free transfer of

state-owned property rights

23 May 2020

Juchao website:

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

Announcement on Free Transfer of

State-owned Property Rights)

14 August 2020

Juchao website:

http://www.cninfo.com.cn/ ( Progress of

the Free Transfer of State-owned

Property Rights)

4. Adjustment of the development

strategy committee members for 8th

BOD

25 August 2020

Juchao website:

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

of 3rd session of 8th BOD)

5. Reducing the stock of Shenzhen

Huakong SEG Co. Ltd.

10 September 2020

Juchao website:

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

of the 12th extraordinary Meeting of 8th

BOD and Notice on Reducing the Stock

of Shenzhen Huakong SEG Co. Ltd.held by the Company)

26 September 2020

Juchao website:

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

of the 5th extraordinary shareholders

general meeting of 2020)

6. Reducing the stock of Shenzhen

Huakong SEG Co. Ltd.

4 March 2020

Juchao website:

http://www.cninfo.com.cn/ ( Notice on

Reducing the Stock of Shenzhen

Huakong SEG Co. Ltd. held by the

Company)

16 May 2020

Juchao website:

http://www.cninfo.com.cn/ ( Progress of

Reducing the Stock of Shenzhen

Huakong SEG Co. Ltd. held by the

Company)

29 June 2020

Juchao website:

http://www.cninfo.com.cn/ ( Progress of

Reducing the Stock of Shenzhen

Huakong SEG Co. Ltd. held by the

Company)

29 September 2020

Juchao website:

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

( Implementation of Reducing the Stock

of Shenzhen Huakong SEG Co. Ltd.held by the Company)

7. Further implementation of rent

reduction and exemption in response to

the COVID-19

29 September 2020

Juchao website:

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

of the 13th extraordinary Meeting of 8th

BOD and Notice on further

implementation of rent reduction and

exemption in response to the COVID-19

and some exemption objects involve

related transactions)

Progress of shares buy-back

□Applicable √Not applicable

Implementation progress of the reduction of repurchases shares by centralized bidding

□Applicable √Not applicable

III. Commitments that the actual controller shareholders related parties purchaser and

the company have fulfilled during the reporting period and have not yet fulfilled by the end of

reporting period

√ Applicable □ Not applicable

Commitment Made by Type Content Time Duration Fulfillment

Commitment for

share reform

Not

applicable

Commitments in

the Acquisition

Report and the

Report of

Changes on

Equity

Not

applicable

Commitments

made during

major assets

restructuring

Shenzhen

SEG

Group Co.Ltd

Other

commitment

Relevant renewal matters of the three

buildings (SEG Industry Building

SEG Economic Building and Kangle

Industry Building) found more in item

17 of the “13. Commitments made bythe parties with the transactionconcerned” under “Major Matters”contain in the Notice (Shares Issuance

and Pay Cash to Purchase Assets and

Raise Supporting Funds & Report on

Related Transactions (Revised))

released on Juchao Website dated

January 18th 2017.

August

2016

Long-term

effective

Extended

performance

Commitment

made at the time

of initial public

offerings or

refinancing

Not

applicable

Commitment on

equity incentives

Not

applicable

Other Not

commitments

made to small and

medium-sized

shareholders of

the Company

applicable

Commitments

fulfilled as

scheduled or not

If commitments

are not fulfilled as

scheduled specify

the reasons and

further work plans

The Company has applied for extension of the license for the said property after expiration and submitted

application materials to the relevant competent authority for approval. Up to now there has been no loss to the

listed company caused by the matter and there is no need for SEG group to compensate.IV. Financial asset investment

1. Particular about security investment

√ Applicable □Not applicable

In RMB

Variet

y of

securi

ties

Code

securi

ties

Short

form

securit

ies

Initial

invest

ment

cost

Acco

unting

measu

remen

model

Book

value

at the

begin

ning

of the

period

Chan

ges in

fair

value

of the

curren

profit

and

loss

Cumu

lative

fair

value

chang

es in

equity

Curre

purch

ase

amou

Curre

sales

amou

Profit

and

loss

in the

Repor

ting

Perio

Book

value

at the

end of

the

period

Acco

unting

subjec

Sourc

e of

stock

Dome

stic

and

overs

eas

60077

Youha

Group

9040

5.00

Meas

ured

fair

value

3295

08.69

-224

52.71

0.00 0.00 0.00

3070

55.98

Other

assets

Self-o

wned

capita

Dome

stic

and

overs

eas

00006

Huako

SEG

1717

6989

4.20

Meas

ured

fair

value

1319

0739

6.90

-145.

0.00

-4427

061.0

-1204

8941.

1242

8537

0.37

Other

assets

Self-o

wned

capita

Dome

stic

and

overs

eas

83277

SEG

Navig

ations

8275

321.4

Meas

ureme

with

the

cost

metho

1351

5392.

0.00 0.00 0.00

1351

5392.

Other

assets

Self-o

wned

capita

Total

1801

3562

0.63

1457

5229

8.42

0.00

-225

98.49

0.00

-4427

061.0

-1204

8941.

1381

0781

9.18

-- --

Disclosure date of

securities investment

approval from the Board

Disclosure date of the

announcement on

approval of securities

investments by the

General Meeting (if

applicable)

2. Particulars about derivatives investment

□ Applicable √ Not applicable

The Company had no derivatives investment in Period.V. Progress of investment projects with raised funds

□ Applicable √ Not applicable

VI. Prediction of 2020 business performance

Estimation on accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the

warning of its material change compared with the corresponding period of the last year and explanation on reason

□ Applicable √ Not applicable

VII. Major contracts for daily operations

□ Applicable √ Not applicable

VIII. Trust financing

√ Applicable □Not applicable

In 10 thousand Yuan

Type Capital resources Amount for entrust Balance un-expired Overdue amount

Bank financing

product

Self-owned capital 81821.1 74181.1 0

Total 81821.1 74181.1 0

Details of the single major amount or high-risk trust investment with low security poor fluidity and non-guaranteed:

□ Applicable √ Not applicable

Entrust financial expected to be unable to recover the principal or impairment might be occurred

□ Applicable √ Not applicable

IX. Guarantee outside against the regulation

□Applicable √Not applicable

The Company had no guarantee outside against the regulation in the reporting period.X. Non-operational fund occupation from controlling shareholders and its related party

□ Applicable √ Not applicable

The Company had no non-operational fund occupation from controlling shareholders and its related party.XI. Registration form of receiving research communication and interview in the report

period

√ Applicable □Not applicable

Reception

time

Reception

location

Reception way

Reception

object type

Reception

object

The main

content of the

discussion and

the

information

provided

Index of the basic

situation of the

survey

July 13 2020 The Company

Telephone

communicatio

Personal Investors

Ask the

number of

shareholders

July 16 2020 The Company

Telephone

communicatio

Personal Investors

Ask about

company

announcement

July 17 2020 The Company

Telephone

communicatio

Personal Investors

Understand

the company's

strategic

development

July 21 2020 The Company

Telephone

communicatio

Personal Investors

Ask the

number of

shareholders

August 3

2020

The Company

Telephone

communicatio

Personal Investors

Ask the

number of

shareholders

August 19

2020

The Company

Telephone

communicatio

Personal Investors

Ask about the

company's

operations

August 25

2020

The Company

Telephone

communicatio

Personal Investors

Understand

the company's

strategic

development

August 26

2020

The Company

Telephone

communicatio

Personal Investors

Ask about the

company's

stock price

August 28

2020

The Company

Telephone

communicatio

Personal Investors

Ask about the

company's

stock price

August 31

2020

The Company

Telephone

communicatio

Personal Investors

Ask about the

company's

stock price

August 31

2020

The Company

Telephone

communicatio

Personal Investors

Ask about the

company's

stock price

August 31

2020

The Company

Telephone

communicatio

Personal Investors

Ask about the

business

development

September 7

2020

The Company

Telephone

communicatio

Personal Investors

Ask about the

company's

stock price

September 25

2020

The Company

Telephone

communicatio

Personal Investors

Ask about the

business

development

September 29

2020

The Company

Telephone

communicatio

Personal Investors

Ask about

company

announcement

行情