Tunghsu Optoelectronic Technology Co. Ltd.The First Quarterly Report 2018

April 2018

I. 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.

All of the directors presented the board meeting at which this Quarterly Report was examined.

Mr. Li Zhaoting The Company leader Mr.Huang Jinliang Chief financial officer and the Mr.Gao Feipeng the

person in charge of the accounting department (the person in charge of the accounting )declare: the financial

report carried in this report is authentic and completed

II. Basic information about the company

I. Main financial data and financial index

Indicate by tick mark whether the Company needs to retroactively restate any of its accounting data.□Yes √No

This period Same period of last year

Changes of this period over

same period of last year

Operating income（Yuan） 4665751599.66 2258246760.26 106.61%

Net profit attributable to the shareholders

of the listed company（Yuan）

424438428.17 387022905.51 9.67%

Net profit after deducting of non-recurring

gain/loss attributable to the shareholders of

listed company（Yuan）

391216324.81 352582887.68 10.94%

Cash flow generated by business operation

net（Yuan）

-1127140487.84 -631749226.89 78.42%

Basic earning per share(Yuan/Share) 0.07 0.08 -12.50%

Diluted gains per share(Yuan/Share) 0.07 0.08 -12.50%

Weighted average return on equity（%） 1.36% 1.65% -0.29%

End of this period End of last period

Changes of this period-end

over same period-end of last

year

Gross assets（Yuan） 68797790162.38 67683329226.91 1.65%

Net assets attributable to the shareholders

of the listed company（Yuan）

31347238217.51 30922796455.46 1.37%

Items and amount of non-current gains and losses

√ Applicable □ Not applicable

In RMB

Items

Amount (Year-beginning to the end

of the report period.)

Notes

Non-current asset disposal gain/loss(including the write-off part

for which assets impairment provision is made)

-66422.43

Govemment subsidy recognized in current gain and

loss(excluding those closely related to the Company’s business

and granted under the state’s policies)

24134382.69

Gain/loss on entrusting others with investment or asset

management

13923452.07

Income from custodian charge obtained from entrusted operation 353773.59

Other non-operating income and expenditure beside for the above

items

-392760.69

Less: Influenced amount of income tax 5102168.74

Amount of influence of minority interests（After tax） -371846.87

Total 33222103.36 --

For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on

information disclosure for Companies Offering their Securities to the Public-Non-recurring Gains and Losses and

its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosure

for Companies offering their securities to the public-non-recurring Gains and losses which have been defined as

recurring gains and losses it is necessary to explain the reason.

□ Applicable√ Not applicable

None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information

disclosure explanatory Announcement No.1- Non –recurring gain/loss in the report period.II.Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period

1. About Total Common Shareholders Total Preference Shareholders with the Voting Power Recovered and the

Shares Held by Top Ten Common Shareholders

In shares

Total number of common

shareholders at the period-end

361666(including

344320shareholders holding A

shares and 17346 shareholdersholding B shares）

Total preference shareholders with the

voting power recovered at the end of the

reporting period(if any)

0

Shares held by the top 10 shareholders

Shareholder name

Properties of

shareholder

Share

proportion %

Quantity

Amount of

tradable shares

with Conditional

held

Pledging or freezing

Status of the

shares

Quantity

Tunghsu Group Co. Ltd.

Domestic Non

-State-owned

legal person

15.97% 915064091 791889488 Pledge 799643042

Shijiazhuang Baoshi Electronic

Group Co. Ltd.

Domestic Non

-State-owned

legal person

5.80% 332382171 Pledge 153520000

Shanghai Huimao Enterprise

Management Co. Ltd.

Domestic Non

-State-owned

legal person

4.58% 262626262 262626262 Pledge 80240722

China Fund Management Co.

Ltd.－Huaxia Bank－TTCO

Trust Co. Ltd.－TTCO Trust

Co. Ltd.－Shunjing No.5

Single capital trust

Other 2.54% 145759116

Ping An Securities Co. Ltd.

Domestic Non

-State-owned

legal person

2.16% 123975516

Minsheng Royal Fund

Management Co. Ltd－-Ping

An Bank-Daye Trust·Zengli 2

single Fund Trust

Other 1.70% 97192224 97192224

Tunghsu Optoelectronic

Technology Co. Ltd.－The first

ESOP

Other 1.27% 72639296 72639296

Beixin Ruifeng Fund－China

Merchants Bank－Daye Trust－

Daye Trust·Profit increase 3

single fund plan

Other 1.08% 62095032 62095032

Shenzhen Taianer Information

Technology Co. Ltd.

Domestic Non

-State-owned

legal person

1.07% 61165682 Pledge 61165682

Wanhe Secutities－China

Merchants Bank－Wanhe

Securities Haihe No.1 Ensemble

Asset Management Plan

Other 0.96% 55246500

Shares held by the Top 10 Shareholders of Non-restricted shares

Shareholders’ Names

Number of the

non-restricted shares held

Share type

Share type Quantity

Shijiazhuang Baoshi Electronic Group Co. Ltd. 332382171 RMB Common shares 332382171

China Fund Management Co. Ltd.－Huaxia Bank－

TTCO Trust Co. Ltd.－TTCO Trust Co. Ltd.－Shunjing

No.5 Single capital trust

145759116 RMB Common shares 145759116

Ping An Securities Co. Ltd. 123975516 RMB Common shares 123975516

Tunghsu Group Co. Ltd. 123174603 RMB Common shares 123174603

Shenzhen Taianer Information Technology Co. Ltd. 61165682 RMB Common shares 61165682

Wanhe Securities－China Merchants Bank－Wanhe

Securities and No.1 Collective asset management plan

55246500 RMB Common shares 55246500

Nuoan Fund－Xingye Securities－Nanjing Shuangan

Assets Management Co. Ltd.

55246487 RMB Common shares 55246487

Zhonghai Trust Co. Ltd.－Zhonghai Trust－Tunghsu

Optoelectronic Employees' Shareholding Plan

Collecting Fund Trust

52555280 RMB Common shares 52555280

China Life AMP Asset Management Co. Ltd.－Bohai

Bank－Minsheng Trust－China Minsheng

Trust·Zhicheng 192 Tunghsu Optoelectronic Private Pla

cement Co. Ltd. Trust Plan

48619336 RMB Common shares 48619336

Minsheng Royal Fund Management Co. Ltd.-Ping An

Bank-Ping An Trust-Ping An Wealth* Huitai No.163

Single Fund Trust

47492649 RMB Common shares 47492649

Explanation on shareholders participating in the margin

trading business

Among the shareholders Tunghsu Group and Baoshi Group have

relationship and constitute persons taking concerted action. The

company does not know whether there is relationship between other

shareholders or whether they are persons taking concerted action defined

in Administrative Measures Relating to Acquisitions of Listed

Companies.

Participation of top 10 unconditional common share

shareholders in securities margin trading (if any)

Not applicable

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 number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of

the report period

□ Applicable √Not applicable

III Significant Events

I. Major changes of main accounting statement items and financial indicators in the reporting period as

well as reasons for the changes

√ Applicable □ Not applicable

Financial index This period（Yuan） End of last year(Yuan) Increase/decrease Main reason for change

Prepayments 3049617087.31 2020261446.90 50.95%

Mainly due to the increase in stocking for the

current period

Interest

receivable

74589209.00 49456785.29 50.82%

Mainly due to the increase in interest on fixed

deposits of financial companies that have not

yet reached their interest rates

Other current

assets

1255274789.65 2485890689.74 -49.50%

Mainly due to redemption of wealth

management funds during the period

Employees’

wage payable

136459148.88 207448043.86 -34.22%

Mainly due to payment of employee

compensation

Interest payable 174873853.51 106119769.42 64.79%

Mainly due to the accrual of interest on

medium-term notes and corporate bonds not

yet due to interest payments

Financial index This period（Yuan）

Same period of last

year（Yuan）

Increase/decrease Main reason for change

Business income 4665751599.66 2258246760.26 106.61% Mainly due to business growth

Business cost 3701043731.71 1549342252.05 138.88%

Mainly due to the increase in operating costs

caused by the increase in operating costs

Sales

expense

54191909.17 19972538.52 171.33% Mainly due to business growth

Administrative

expense

180127732.95 109001741.46 65.25% Mainly due to business growth

II. The progress of significant events and influence as well as the analysis and explanation on resolving

proposal.

□Applicable√Not applicable

III. Commitments finished in implementation by the Company shareholders actual controller acquirer

directors supervisors senior executives or other related parties in the reporting period and commitments

unfinished in implementation at the end of the reporting period

□ Applicable √ Not applicable

The company has no commitments completed in period and those without completed till lend of the period from

actual controller shareholders related parties purchaser and companies.IV．Prediction of Business performance for January- June 2018

Estimation of 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 of reason.

□ Applicable √ Not applicable

V. Investment in securities

□ Applicable √ Not applicable

No securities investment in period.VI. Investments in derivatives

□ Applicable √ Not applicable

There is no derivative investment during the report period.VII. The registration form of acceptance of investigation communication and interview in the report

period for future reference

□ Applicable √ Not applicable

The Period has no research communication and written inquiry from the investors in the report period.VIII. External guarantee get out of line

□ Applicable √Not applicable

The Company has no external guarantee get out of the line in the Period

IX. Controlling shareholder and its related parties occupying non-business capital of the listed company

□ Applicable √Not applicable

There are no controlling shareholder and its related parties occupying non-business capital of the listed company

in Period

IV. Financial Statement

I. Financial statement

1. Consolidated balance sheet

Prepared by：Tunghsu Optoelectronic Technology Co. Ltd.March 312018

In RMB

Items At the end of term Beginning of term

Current asset：

Cash and bank balances 26853831093.47 27371178417.85

Settlement provision

Outgoing call loan

Financial assets at fair value through

profit or loss

Derivative financial assets

Notes receivable 620777520.39 538128584.84

Account receivable 9741127833.79 7912616302.75

Advance payments 3049617087.31 2020261446.90

Insurance receivable

Reinsurance receivable

Provisions of Reinsurance contracts

receivable

Interest receivable 74589209.00 49456785.29

Dividend receivable

Other account receivable 1294474087.16 1044888336.32

Securities purchased under agreements

to resell

Inventories 4452380928.16 4890519146.03

Held-for-sale assets 182004435.58 213034435.58

Current portion of non-current assets

Other current asset 1255274789.65 2485890689.74

Total of current assets 47524076984.51 46525974145.30

Non-current assets：

Loans and advances

Available-for-sale financial assets 112100056.00 100000056.00

Held-to-maturity investments

Long-term receivable 142897616.66 143988866.91

Long term share equity investment 2140525030.19 2130640158.90

Property investment 57922288.46 58229439.86

Fixed assets 10861784326.88 11091555183.08

Construction in progress 3423127872.34 3253114879.80

Engineering material

Fixed assets pending for disposal

Productive biological assets

Gas & petrol

Intangible assets 996942451.53 976481259.03

Research and Development

Expenditures

18918168.61 15397704.97

Goodwill 2728154973.65 2587678140.99

Long-term prepaid expenses 25830090.01 26538304.02

Deferred income tax 466297448.57 469313252.72

Other non-current asset 299212854.97 304417835.33

Total of non-current assets 21273713177.87 21157355081.61

Total of assets 68797790162.38 67683329226.91

Current liabilities

Short-term bank loan facilities 6296534557.77 5712826382.20

Borrowings from central bank

Deposits and placements from other

financial institutions

Placement from banks and other

financial institution

Financial liabilities at fair value through

profit and loss

Derivative financial liabilities

Notes payable 1311918356.77 1063897679.89

Account payable 4419998716.38 4602026192.66

Advances from customers 2049847993.47 1655128026.63

Securities sold under agreement to

repurchase

Fees and commissions payable

Payroll payable 136459148.88 207448043.86

Taxes and surcharges payable 265615457.25 294699104.59

Interest payable 174873853.51 106119769.42

Dividend payable 35000000.00

Other payable 1835360998.98 1763117468.05

Reinsurance amounts payable

Provision of insurance contract

Securities brokering

Securities underwriting

Held-for-sale liabilities

Current portion of non-current liabilities 5087163477.91 5009292363.77

Other current liability 221701490.93 227155178.97

Total of current liability 21799474051.85 20676710210.04

Non-current liabilities：

Long-term bank loan facilities 4539636812.95 4784726250.77

Bond payable 5667436541.30 5665126090.52

Including：preferred stock

Perpetual capital securities

Long-term payable 3123511902.76 3276308254.44

Long-term employee benefits payable

Grants payable

Provisions 154819387.47 156421713.31

Deferred income 470320280.57 506635206.44

Deferred tax liabilities 59410647.09 60149328.74

Other non-current liabilities 500000000.00 500000000.00

Total non-current liabilities 14515135572.14 14949366844.22

Total of liability 36314609623.99 35626077054.26

Equity

Share capital 5730250118.00 5730250118.00

Other equity instrument

Including：preferred stock

Perpetual capital securities

Reserves 21792405220.42 21792405220.42

Less: treasury shares 4422320.00 4422320.00

Other comprehensive income -1184.57 -4518.45

Specialized reserve 1983921.21 1983921.21

Surplus reserves 224133824.86 224133824.86

General risk reserve

Retained earnings 3602888637.59 3178450209.42

Equity contributable to parent company 31347238217.51 30922796455.46

Minority interests 1135942320.88 1134455717.19

Total equity 32483180538.39 32057252172.65

Total liabilities and equity 68797790162.38 67683329226.91

Legal Representative: Li Zhaoting Person in charge of accounting：Huang Jinliang Accounting Dept Leader: Gao Feipeng

2.Parent Company Balance Sheet

In RMB

Items Year-end balance Year-beginning balance

Current asset：

Cash and bank balances 11228106003.29 11224359236.39

Financial assets at fair value through

profit or loss

Derivative financial assets

Notes receivable 1400000.00 200000.00

Account receivable 76911262.59 23837262.59

Advance payments 19358200.58 16902375.19

Interest receivable 60313445.52 41868921.15

Dividend receivable 665000000.00

Other receivable 6561355525.52 4790712672.70

Inventories 506472115.72 509283364.38

Held-for-sale assets

Current portion of non-current assets

Other current asset 148973.38 1220148973.38

Total of current assets 18454065526.60 18492312805.78

Non-current assets：

Available-for-sale financial assets 100000056.00 100000056.00

Held-to-maturity investments

Long-term receivable

Long term share equity investment 23301289768.46 23020364897.17

Property investment

Fixed assets 43533241.45 44669881.93

Construction in progress

Engineering material

Fixed assets pending for disposal

Productive biological assets

Gas & petrol

Intangible assets 9600167.75 9687094.58

Research and Development

Expenditures

Goodwill

Long-term prepaid expenses

Deferred income tax 58105970.47 58105970.47

Other non-current asset 1381400.00 1381400.00

Total of non-current assets 23513910604.13 23234209300.15

Total of assets 41967976130.73 41726522105.93

Current liabilities

Short-term bank loan facilities 2710000000.00 2760000000.00

Financial liabilities at fair value through

profit and loss

Derivative financial liabilities

Notes payable

Account payable 44053411.92 15219920.86

Advances from customers 419657.90 421587.90

Payroll payable 4064929.33 4061413.48

Tax payable 28937936.68 28150779.48

Interest payable 145417224.18 79827566.10

Dividend payable

Other payable 718139742.06 423790359.27

Held-for-sale liabilities

Current portion of non-current liabilities 2847399999.96 2769233333.30

Other current liability

Total of current liability 6498432902.03 6080704960.39

Non-current liabilities：

Long-term bank loan facilities 1410450000.00 1512500000.00

Bond payable 5667436541.30 5665126090.52

Including：preferred stock

Perpetual capital securities

Long-term payable

Long-term employee benefits

payable

Grants payable

Provisions

Deferred income

Deferred income tax

Other non-current liabilities

Total of Non-current liabilities 7077886541.30 7177626090.52

Total of liability 13576319443.33 13258331050.91

Equity

Share capital 5730250118.00 5730250118.00

Other equity instrument

Including：preferred stock

Perpetual capital securities

Reserves 21861207672.90 21861207672.90

Less: treasury shares 4422320.00 4422320.00

Other comprehensive income

Specialized reserve

Surplus reserves 205144600.53 205144600.53

Retained earnings 599476615.97 676010983.59

Total equity 28391656687.40 28468191055.02

Total liabilities and equity 41967976130.73 41726522105.93

3.Consolidated Income statement

In RMB

Items Amount in this period Amount in last period

I. Income from the key business 4665751599.66 2258246760.26

Incl：Business income 4665751599.66 2258246760.26

Interest income

Insurance fee earned

Fee and commission received

II. Total business cost 4168497915.18 1872573112.67

Incl：Business cost 3701043731.71 1549342252.05

Interest expense

Fee and commission paid

Insurance discharge payment

Net claim amount paid

Insurance policy dividend paid

Insurance policy dividend paid

Reinsurance expenses

Business tax and surcharge 19932031.85 16751045.37

Sales expense 54191909.17 19972538.52

Administrative expense 180127732.95 109001741.46

Financial expenses 192286755.19 178704471.61

Asset impairment loss 20915754.31 -1198936.34

Add：Gains from change of fir value（“-”for loss）

Investment gain（“-”for loss） 23809013.93 -1038942.03

Incl: investment gains from affiliates 9885561.86 -1038942.03

Gains from currency exchange（“-”for loss）

Assets disposal income

Other income 21426201.51

III. Operational profit（“-”for loss） 542488899.92 384634705.56

Add ：Non-operational income 3878016.34 145661764.29

Less：Non business expenses 1629018.28 377487.88

IV.Total profit(“-”for loss) 544737897.98 529918981.97

Less：Income tax expenses 112692841.43 104817557.05

V. Net profit 432045056.55 425101424.92

1.Net continuing operating profit 432045056.55 425101424.92

2.Termination of operating net profit

Net profit attributable to the owners of

parent company

424438428.17 387022905.51

Minority shareholders’ equity 7606628.38 38078519.41

VI. Other comprehensive income 6061.60

Net of profit of other comprehensive inco

me attributable to owners of the parent co

mpany.

3333.88

（I）Other comprehensive income items

that will not be reclassified into

gains/losses in the subsequent accounting

period

1.Re-measurement of defined benefit pla

ns of changes in net debt or net assets

2.Other comprehensive income under the

equity method investee can not be reclass

ified into profit or loss.（II）

Other comprehensive income that will be

reclassified into profit or loss.

3333.88

1.Other comprehensive income under the

equity method investee can be reclassifie

d into profit or loss.

2.Gains and losses from changes in fair v

alue available for sale financial assets

3.Held-to-maturity investments reclassifi

ed to gains and losses of available for sal

e financial assets

4.The effective portion of cash flow hedg

es and losses

5.Translation differences in currency fina

ncial statements

3333.88

6.Other

Net of profit of other comprehensive inco

me attributable to Minority shareholders’

equity

2727.72

VII. Total comprehensive income 432051118.15 425101424.92

Total comprehensive income

attributable to the owner of the parent

company

424441762.05 387022905.51

Total comprehensive income 7609356.10 38078519.41

attributable minority shareholders

VIII. Earnings per share

（I）Basic earnings per share 0.07 0.08

(II)Diluted earnings per share 0.07 0.08

The current business combination under common control the net profits of the combined party before achieved ne

t profit of RMB 0.00 last period the combined party realized RMB0.00.Legal Representative: Li Zhaoting Person in charge of accounting：Huang Jinliang Accounting Dept Leader: Gao Feipeng

4. Income statement of the Parent Company

In RMB

Items Amount in this period Amount in last period

I. Income from the key business 50573688.01 29487874.98

Incl：Business cost 35399563.01 23208786.32

Business tax and surcharge 1031055.02 475331.94

Sales expense

Administrative expense 7699680.84 13924710.85

Financial expenses 106787141.95 123855490.95

Asset impairment loss

Add：Gains from change of fir value（“-”for loss）

Investment gain（“-”for loss） 23809013.93 -1039567.77

Incl: investment gains from affiliates 9885561.86 -1039567.77

Assets disposal income

Other income

II. Operational profit（“-”for loss） -76534738.88 -133016012.85

Add ：Non-operational income 371.41 5943.00

Less：Non business expenses 0.15

III.Total profit(“-”for loss) -76534367.62 -133010069.85

Less：Income tax expenses

IV. Net profit（“-”for net loss） -76534367.62 -133010069.85

1.Net continuing operating profit -76534367.62 -133010069.85

2.Termination of operating net profit

V.Net of profit of other comprehensive i

ncome

（I）Other comprehensive income

items that will not be reclassified into

gains/losses in the subsequent

accounting period

1.Re-measurement of defined benefit pl

ans of changes in net debt or net assets

2.Other comprehensive income under th

e equity method investee can not be recl

assified into profit or loss.（ II ）

Other comprehensive income that will b

e reclassified into profit or loss.

1.Other comprehensive income under th

e equity method investee can be reclassi

fied into profit or loss.

2.Gains and losses from changes in fair

value available for sale financial assets

3.Held-to-maturity investments reclassif

ied to gains and losses of available for s

ale financial assets

4.The effective portion of cash flow hed

ges and losses

5.Translation differences in currency fin

ancial statements

6.Other

VI. Total comprehensive income -76534367.62 -133010069.85

VII. Earnings per share：

（I）Basic earnings per share

(II)Diluted earnings per share

5. Consolidated Cash flow statement

In RMB

Items Amount in this period Amount in last period

I.Cash flows from operating activities

Cash received from sales of goods or

rending of services

4593763600.26 3100458034.70

Net increase of customer deposits

and capital kept for brother company

Net increase of loans from central bank

Net increase of inter-bank loans from

other financial bodies

Cash received against original

insurance contract

Net cash received from reinsurance

business

Net increase of client deposit and

investment

Net increase of trade financial asset

disposal

Cash received as interest processing

fee and commission

Net increase of inter-bank fund

received

Net increase of repurchasing business

Tax returned 28636072.03 104894730.99

Other cash received from business

operation

601255423.20 354695742.55

Sub-total of cash inflow 5223655095.49 3560048508.24

Cash paid for purchasing of

merchandise and services

5048823748.05 2746683176.93

Net increase of client trade and

advance

Net increase of savings n central bank

and brother company

Cash paid for original contract claim

Cash paid for interest processing fee

and commission

Cash paid for policy dividend

Cash paid to staffs or paid for staffs 345765367.69 146931934.49

Taxes paid 261937423.95 251845789.60

Other cash paid for business activities 694269043.64 1046336834.11

Sub-total of cash outflow from

business activities

6350795583.33 4191797735.13

Cash flow generated by business

operation net

-1127140487.84 -631749226.89

II.Cash flow generated by investing

Cash received from investment

retrieving

1200000000.00

Cash received as investment gains 13923452.07

Net cash retrieved from disposal of

fixed assets intangible assets and

other long-term assets

Net cash received from disposal of

subsidiaries or other operational units

Other investment-related cash received 8227.27

Sub-total of cash inflow due to

investment activities

1213931679.34

Cash paid for construction of

fixed assets intangible assets

and other long-term assets

153828342.83 517377927.30

Cash paid as investment 52099996.00 420800000.00

Net increase of loan against pledge

Net cash received from subsidiaries

and other operational units

-108530.20

Other cash paid for investment

activities

260000000.00 7400.00

Sub-total of cash outflow due to

investment activities

465928338.83 938076797.10

Net cash flow generated by investment 748003340.51 -938076797.10

III.Cash flow generated by financing

Cash received as investment 2000000.00 102000000.00

Incl: Cash received as investment from 102000000.00

minor shareholders

Cash received as loans 1164206756.55 1096719662.01

Cash received from bond placing

Other financing –related ash received 103648950.73 67096096.38

Sub-total of cash inflow from financing

activities

1269855707.28 1265815758.39

Cash to repay debts 723884505.43 1232470416.67

Cash paid as dividend profit or

interests

244301221.30 247964797.32

Incl: Dividend and profit paid by

subsidiaries to minor shareholders

30000000.00

Other cash paid for financing activities 477612499.98 104743598.29

Sub-total of cash outflow due to

financing activities

1445798226.71 1585178812.28

Net cash flow generated by financing -175942519.43 -319363053.89

IV. Influence of exchange rate

alternation on cash and cash

equivalents

4861325.08 16372881.01

V.Net increase of cash and cash

equivalents

-550218341.68 -1872816196.87

Add: balance of cash and cash

equivalents at the beginning of term

25372409408.02 25349672556.55

VI ..Balance of cash and cash

equivalents at the end of term

24822191066.34 23476856359.68

6. Cash Flow Statement of the Parent Company

In RMB

Items Amount in this period Amount in last period

I.Cash flows from operating activities

Cash received from sales of goods or

rending of services

5521970.00 2107000.00

Tax returned

Other cash received from business

operation

239806134.59 57349385.06

Sub-total of cash inflow 245328104.59 59456385.06

Cash paid for purchasing of

merchandise and services

834370.85 7381636.42

Cash paid to staffs or paid for staffs 10318166.57 3499302.53

Taxes paid 1579682.56 4656775.49

Other cash paid for business activities 230107073.24 2158426007.88

Sub-total of cash outflow from

business activities

242839293.22 2173963722.32

Cash flow generated by business

operation net

2488811.37 -2114507337.26

II.Cash flow generated by investing

Cash received from investment

retrieving

1220000000.00

Cash received as investment gains 678923452.07 570000000.00

Net cash retrieved from disposal of

fixed assets intangible assets and

other long-term assets

Net cash received from disposal of

subsidiaries or other operational units

Other investment-related cash received

Sub-total of cash inflow due to

investment activities

1898923452.07 570000000.00

Cash paid for construction of

fixed assets intangible assets

and other long-term assets

Cash paid as investment 271040000.00 4167900000.00

Net cash received from subsidiaries

and other operational units

Other cash paid for investment

activities

5720200000.00

Sub-total of cash outflow due to

investment activities

5991240000.00 4167900000.00

Net cash flow generated by investment -4092316547.93 -3597900000.00

III.Cash flow generated by financing

Cash received as investment

Cash received as loans 350000000.00 869666666.66

Cash received from bond placing

Other financing –related ash received 4263448809.94

Sub-total of cash inflow from

financing activities

4613448809.94 869666666.66

Cash to repay debts 423883333.34 702050000.00

Cash paid as dividend profit or

interests

95990973.14 87863786.81

Other cash paid for financing activities 22835849.49

Sub-total of cash outflow due to

financing activities

519874306.48 812749636.30

Net cash flow generated by financing 4093574503.46 56917030.36

IV. Influence of exchange rate

alternation on cash and cash

equivalents

V.Net increase of cash and cash

equivalents

3746766.90 -5655490306.90

Add: balance of cash and cash

equivalents at the beginning of term

11224359236.39 16951756537.76

VI ..Balance of cash and cash

equivalents at the end of term

11228106003.29 11296266230.86

II. Auditor’ report

Is the First Quarterly Report be audited?

□ Yes √No

The First Quarterly report is not audited.Tunghsu Optoelectronic Technology Co. Ltd.

Board Chairman: Li Zhaoting

Issue day approved by the Board of Directors：April 252018