Stock Code: 200468 Stock Abbreviation: NING TONG XIN B Announcement No.: 2026-029
Nanjing Putian Telecommunications Co. Ltd.Third Quarter Report 2026
The Company and all members of the Board of Directors warrant that the information disclosed is true accurate and complete
and contains no false statements misleading statements or material omissions.Important Notes:
1. The Board of Directors directors and senior management warrant that this quarterly report is true accurate and complete and
contains no false statements misleading statements or material omissions and accept individual and joint and several legal
liability.
2. The person in charge of the Company the person in charge of accounting affairs and the head of the accounting department
(accounting supervisor) declare that the financial information in this quarterly report is true accurate and complete.
3. Have the third-quarter financial statements been audited
□Yes?No
I. Key Financial Data
(I) Key Accounting Data and Financial Indicators
Does the Company need to retrospectively adjust or restate accounting data for previous years
□Yes?No
Year-on-year change Year-on-year change
Current quarter Year to date
for the current quarter for the year to date
Operating revenue
147585595.06 1.94% 446658635.84 -0.98%
(RMB)
Net profit attributable
to shareholders of the -7596581.56 5.34% -14152691.90 6.76%
listed company (RMB)
Net profit attributable
to shareholders of the
listed company after
-11067805.88 4.77% -19450976.15 -2.20%
deducting non-
recurring gains and
losses (RMB)
Net cash flow from
operating activities — — -31274897.40 81.71%
(RMB)
Basic earnings per -0.035 4.51% -0.066 7.04%
share (RMB/share)
Diluted earnings per
-0.035 4.51% -0.066 7.04%
share (RMB/share)
Weighted average
361.14% Not applicable -1204.93% Not applicable
return on net assets
End of the reporting End of the previous Change from the end of the previous year to the end
period year of the reporting period
Total assets (RMB) 728708192.52 729923596.97 -0.17%
Equity attributable to
shareholders of the -5901780.18 8250911.72 -171.53%
listed company (RMB)
(II) Non-recurring Gains and Losses
?Applicable □Not applicable
Unit: RMB
Amount for the current
Item Amount for the year to date Description
quarter
Gains and losses on disposal
of non-current assets
(including the write-off of 74256.26 82884.02
previously recognized
impairment allowances)
Government grants
recognized in profit or loss
for the period (excluding
government grants that are
closely related to the
Company's ordinary business
29441.20 151566.28
operations comply with
national policies are granted
in accordance with specified
standards and have a
continuing impact on the
Company's profit or loss)
Reversal of impairment
allowances for receivables
300000.00 825051.01
assessed individually for
impairment
Gains and losses on debt
3216864.38 3889093.94
restructuring
Other non-operating income
and expenses apart from the -35261.73 574072.95
above items
Other gains and losses
meeting the definition of non- 0.00 13074.70
recurring gains and losses
Less: Income tax effect 16443.32 43405.75
Effect attributable to
non-controlling interests (net 97632.47 194052.90
of tax)
Total 3471224.32 5298284.25 --
Details of other gains and losses meeting the definition of non-recurring gains and losses:
?Applicable?Not applicable
The Company had no other gains and losses meeting the definition of non-recurring gains and losses during the reporting period.Explanation of the classification as recurring gains and losses of items listed as non-recurring gains and losses in the Explanatory
Announcement No. 1 on Information Disclosure by Companies Offering Securities to the Public—Non-recurring Gains and
Losses
□Applicable?Not applicable
The Company did not classify any items listed as non-recurring gains and losses in the Explanatory Announcement No. 1 on
Information Disclosure by Companies Offering Securities to the Public—Non-recurring Gains and Losses as recurring gains and
losses.(III) Changes in Key Accounting Data and Financial Indicators and Reasons for the Changes
?Applicable □Not applicable
The increase in net cash flow generated from operating activities from the beginning of the year to the end of
the reporting period compared to the same period last year is mainly due to the company's strengthening of
refined fund management and rational and coordinated use of funds.Equity attributable to shareholders of the listed company at the end of the reporting period decreased from the
end of the previous year mainly due to operating losses.II. Shareholder Information
(I) Total Number of Ordinary Shareholders Number of Preference Shareholders Whose Voting Rights
Have Been Restored and Shareholdings of the Top 10 Shareholders
Unit: shares
Total number of ordinary Total number of preference shareholders whose voting
shareholders at the end of the 6799 rights have been restored at the end of the reporting period 0
reporting period (if any)
Shareholdings of the top 10 shareholders (excluding shares lent through the securities refinancing mechanism)
Shareholdin Number of non- Pledge marking or freezing
Shareholder Number of shares
Shareholder name g tradable shares
category held Number of
percentage held Share status shares
CETC Glarun State-owned
53.49% 115000000.00 115000000.00 Not applicable 0
Group Co. Ltd. legal entity
Domestic
He Wei 1.92% 4128800 0 Not applicable 0
individual
Shenwan
Hongyuan Overseas
1.55% 3341311 0 Not applicable 0
Securities (H.K.) legal entity
Limited
Domestic
Zheng Enyue 1.14% 2449739 0 Not applicable 0
individual
Domestic
Gu Jinhua 0.87% 1871371 0 Not applicable 0
individual
China Merchants
Overseas
Securities (HK) 0.81% 1731514 0 Not applicable 0
legal entity
Co. Limited
Domestic
Chen Rulei 0.79% 1699989 0 Not applicable 0
individual
Domestic
Wu Wenhui 0.64% 1383200 0 Not applicable 0
individual
Overseas
Chen Huijuan 0.57% 1231000 0 Not applicable 0
individual
Domestic
Yang Wenliang 0.56% 1210117 0 Not applicable 0
individual
Shareholdings of the top 10 holders of tradable shares (excluding shares lent through the securities refinancing mechanism and
locked-up shares held by senior management)
Share class and number of shares
Shareholder name Number of listed tradable shares held Number of
Share class
shares
Domestically
He Wei 4128800 listed foreign 4128800
shares
Domestically
Shenwan Hongyuan Securities
3341311 listed foreign 3341311
(H.K.) Limited
shares
Domestically
Zheng Enyue 2449739 listed foreign 2449739
shares
Domestically
Gu Jinhua 1871371 listed foreign 1871371
shares
Domestically
China Merchants Securities (HK)
1731514 listed foreign 1731514
Co. Limited
shares
Domestically
Chen Rulei 1699989 listed foreign 1699989
shares
Domestically
Wu Wenhui 1383200 listed foreign 1383200
shares
Domestically
Chen Huijuan 1231000 listed foreign 1231000
shares
Domestically
Yang Wenliang 1210117 listed foreign 1210117
shares
Domestically
Li Mingling 1098500 listed foreign 1098500
shares
Among the above shareholders CETC Glarun Group Co. Ltd. has no
Explanation of related-party relationships or related-party relationships with and is not acting in concert with any of the
concerted action among the above shareholders other shareholders; the Company is unaware of whether any related-party
relationships or concerted action exist among the other shareholders.Explanation of participation by the top 10
shareholders in margin trading and securities None
lending (if any)
Note: At the end of the reporting period the dedicated securities account for share repurchases of Nanjing Putian
Telecommunications Co. Ltd. held 2099752 tradable shares representing 0.98% of the Company's total share capital.Participation in share lending through the securities refinancing mechanism by shareholders holding more than 5% of the shares
the top 10 shareholders and the top 10 holders of tradable shares not subject to selling restrictions
□Applicable?Not applicable
Changes from the previous period in the top 10 shareholders and the top 10 holders of tradable shares not subject to selling
restrictions resulting from share lending or returns through the securities refinancing mechanism
□Applicable?Not applicable
(II) Total Number of Preference Shareholders and Shareholdings of the Top 10 Preference Shareholders
□Applicable?Not applicable
III. Other Significant Matters
□Applicable?Not applicable
IV. Quarterly Financial Statements
(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by: Nanjing Putian Telecommunications Co. Ltd.September 30 2026
Unit: RMB
Item Closing balance Opening balance
Current assets:
Cash and bank balances 90020503.88 182285495.92
Settlement reserve funds
Funds lent
Held-for-trading financial assets
Derivative financial assets
Notes receivable 7994187.66 17228499.09
Accounts receivable 428841062.27 323586922.02
Receivables financing 5926356.25 27655375.14
Prepayments 2500669.58 3455153.02
Premiums receivable
Reinsurance receivables
Reinsurers' share of insurance contract
reserves
Other receivables 2203818.40 5239886.21
Including: Interest receivable
Dividends receivable
Financial assets held under resale
agreements
Inventories 84631676.83 61937412.34
Including: Data resources
Contract assets
Assets held for sale
Current portion of non-current assets
Other current assets 1960455.61 2196783.91
Total current assets 624078730.48 623585527.65
Non-current assets:
Loans and advances
Debt investments
Other debt investments
Long-term receivables
Long-term equity investments
Investments in other equity 741953.00 741953.00
instruments
Other non-current financial assets
Investment property 14100647.69 4977270.72
Fixed assets 72269215.71 84173058.11
Construction in progress
Productive biological assets
Oil and gas assets
Right-of-use assets 4315466.35 2187184.72
Intangible assets 11017348.59 11203970.58
Including: Data resources
Development expenditure
Including: Data resources
Goodwill
Long-term deferred expenses 2184830.70 3054632.19
Deferred tax assets
Other non-current assets
Total non-current assets 104629462.04 106338069.32
Total assets 728708192.52 729923596.97
Current liabilities:
Short-term borrowings 160600000.00 203925721.98
Borrowings from the central bank
Funds borrowed
Held-for-trading financial liabilities
Derivative financial liabilities
Notes payable 58462008.02 6775234.17
Accounts payable 296663270.03 273382306.86
Advances received 295001.06
Contract liabilities 9526770.18 8426313.45
Financial assets sold under repurchase
agreements
Customer deposits and deposits from
banks and other financial institutions
Payables to brokerage clients
Payables arising from securities
underwriting
Employee benefits payable 11959676.30 12622282.49
Taxes payable 1148886.06 6042197.80
Other payables 36508892.43 49032066.18
Including: Interest payable
Dividends payable 698000.00 11044600.00
Fees and commissions payable
Reinsurance payables
Liabilities held for sale
Current portion of non-current
70899913.72
liabilities
Other current liabilities 817251.29 10920413.23
Total current liabilities 575686754.31 642321450.94
Non-current liabilities:
Insurance contract reserves
Long-term borrowings 68250000.00
Bonds payable
Including: Preference shares
Perpetual bonds
Lease liabilities 4220749.28
Long-term payables
Long-term employee benefits payable
Provisions
Deferred income
Deferred tax liabilities
Other non-current liabilities
Total non-current liabilities 72470749.28
Total liabilities 648157503.59 642321450.94
Owners' equity:
Share capital 215000000.00 215000000.00
Other equity instruments
Including: Preference shares
Perpetual bonds
Capital reserve 201318128.61 201318128.61
Less: Treasury shares 2995076.96 2995076.96
Other comprehensive income -1854910.00 -1854910.00
Special reserves
Surplus reserve 589559.77 589559.77
General risk reserve
Undistributed profits -417959481.60 -403806789.70
Total equity attributable to owners of the
-5901780.18 8250911.72
parent company
Non-controlling interests 86452469.11 79351234.31
Total owners' equity 80550688.93 87602146.03
Total liabilities and owners' equity 728708192.52 729923596.97
Legal Representative: Shen Xiaobing Person in Charge of Accounting Affairs: Zhang Jie Head of the Accounting Department:
Zhang Jingxia
2. Consolidated Income Statement for the Nine Months Ended September 30 2026
Unit: RMB
Amount for the corresponding period of
Item Amount for the current period
the previous year
I. Total operating revenue 446658635.84 451097642.77
Including: Operating revenue 446658635.84 451097642.77
Interest income
Premiums earned
Fee and commission income
II. Total operating costs and expenses 458852770.86 465337287.44
Including: Cost of sales 366700183.61 358298743.21
Interest expense
Fee and commission expenses
Surrender benefits
Net claims and benefits paid
Net increase in insurance
contract reserves
Policyholder dividend
expenses
Reinsurance expenses
Taxes and surcharges 2019212.70 2147114.00
Selling expenses 36943859.27 42060834.41
Administrative expenses 28138880.20 34377056.40
Research and development
19921255.75 22148349.05
expenses
Finance costs 5129379.33 6305190.37
Including: Interest expense 5304706.76 6378045.35
Interest income 615187.09 348233.09
Add: Other income 1231969.67 3138366.98
Investment income (losses
3902168.64 480054.59
indicated by “-”)
Including: Investment
income from associates and joint
ventures
Gains on
derecognition of financial assets
measured at amortized cost
Exchange gains (losses indicated
by “-”)
Gains on net exposure hedges
(losses indicated by “-”)
Gains from changes in fair value
(losses indicated by “-”)
Credit impairment losses (losses
-362478.34 -996808.61
indicated by “-”)
Asset impairment losses (losses
indicated by “-”)
Gains on disposal of assets
82884.02 -16680.80
(losses indicated by “-”)
III. Operating profit (losses indicated by
-7339591.03 -11634712.51
“-”)
Add: Non-operating income 637555.73 2991841.76
Less: Non-operating expenses 63482.78 270903.48
IV. Total profit (total losses indicated by
-6765518.08 -8913774.23
“-”)
Less: Income tax expense 285939.02 928588.44
V. Net profit (net losses indicated by
-7051457.10 -9842362.67
“-”)
(I) Classification by continuity of
operations
1. Net profit from continuing
-7051457.10 -9842362.67
operations (net losses indicated by “-”)
2. Net profit from discontinued
operations (net losses indicated by “-”)
(II) Classification by ownership
1. Net profit attributable to
shareholders of the parent company (net -14152691.90 -15178475.72
losses indicated by “-”)
2. Profit or loss attributable to non-
controlling interests (net losses indicated 7101234.80 5336113.05
by “-”)
VI. Other comprehensive income net of
tax
Other comprehensive income
attributable to owners of the parent
company net of tax
(I) Other comprehensive income
that will not be reclassified to profit or
loss
1. Remeasurements of defined
benefit plans
2. Other comprehensive income
under the equity method that will not be
reclassified to profit or loss
3. Changes in the fair value of
investments in other equity instruments
4. Changes in fair value
attributable to the entity's own credit risk
5. Other
(II) Other comprehensive income
that will be reclassified to profit or loss
1. Other comprehensive income
under the equity method that may be
reclassified to profit or loss
2. Changes in the fair value of
other debt investments
3. Amounts arising from
reclassification of financial assets
recognized in other comprehensive
income
4. Credit impairment allowances
for other debt investments
5. Cash flow hedge reserve
6. Exchange differences on
translation of foreign currency financial
statements
7. Other
Other comprehensive income
attributable to non-controlling interests
net of tax
VII. Total comprehensive income -7051457.10 -9842362.67
(I) Total comprehensive income
attributable to owners of the parent -14152691.90 -15178475.72
company
(II) Total comprehensive income
7101234.80 5336113.05
attributable to non-controlling interests
VIII. Earnings per share:
(I) Basic earnings per share -0.066 -0.071
(II) Diluted earnings per share -0.066 -0.071
Legal Representative: Shen Xiaobing Person in Charge of Accounting Affairs: Zhang Jie Head of the Accounting Department:
Zhang Jingxia
3. Consolidated Statement of Cash Flows for the Nine Months Ended September 30 2026
Unit: RMB
Amount for the corresponding period of
Item Amount for the current period
the previous year
I. Cash flows from operating activities:
Cash received from sales of goods and
322258476.05 342347876.77
rendering of services
Net increase in customer deposits and
deposits from banks and other financial
institutions
Net increase in borrowings from the
central bank
Net increase in funds borrowed from
other financial institutions
Cash received from premiums under
direct insurance contracts
Net cash received from reinsurance
business
Net increase in policyholder deposits
and investment funds
Cash received from interest fees and
commissions
Net increase in funds borrowed
Net increase in funds from repurchase
transactions
Net cash received from securities
brokerage transactions
Tax refunds received 794024.30 1317070.23
Other cash received relating to
13252338.58 25765476.77
operating activities
Subtotal of cash inflows from operating
336304838.93 369430423.77
activities
Cash paid for goods and services 226928278.54 367587214.00
Net increase in loans and advances to
customers
Net increase in deposits with the
central bank and banks and other
financial institutions
Cash paid for claims under direct
insurance contracts
Net increase in funds lent
Cash paid for interest fees and
commissions
Cash paid for policyholder dividends
Cash paid to and on behalf of
90980334.08 100635750.19
employees
Cash paid for taxes 15388569.91 24226124.89
Other cash paid relating to operating
34282553.80 48015928.09
activities
Subtotal of cash outflows from operating
367579736.33 540465017.17
activities
Net cash flow from operating activities -31274897.40 -171034593.40
II. Cash flows from investing activities:
Cash received from recovery of
investments
Cash received from investment
income
Net cash received from disposal of
fixed assets intangible assets and other 167460.00 15500.00
long-term assets
Net cash received from disposal of
13290.70
subsidiaries and other business units
Other cash received relating to
186805.56
investing activities
Subtotal of cash inflows from investing
367556.26 15500.00
activities
Cash paid to acquire and construct
fixed assets intangible assets and other 815169.40 2160623.00
long-term assets
Cash paid for investments
Net increase in pledged loans
Net cash paid to acquire subsidiaries
and other business units
Other cash paid relating to investing
activities
Subtotal of cash outflows from investing
815169.40 2160623.00
activities
Net cash flow from investing activities -447613.14 -2145123.00
III. Cash flows from financing activities:
Cash received from capital
contributions
Including: Cash received by
subsidiaries from capital contributions by
non-controlling shareholders
Proceeds from borrowings 138100000.00 95138001.75
Other cash received relating to
financing activities
Subtotal of cash inflows from financing
138100000.00 95138001.75
activities
Cash paid to repay debt 181864067.87 128000000.00
Cash paid for dividends profit
15200831.64 7006306.31
distributions and interest
Including: Dividends and profit
distributions paid by subsidiaries to non-
controlling shareholders
Other cash paid relating to financing
1115529.43 1003448.22
activities
Subtotal of cash outflows from financing
198180428.94 136009754.53
activities
Net cash flow from financing activities -60080428.94 -40871752.78
IV. Effect of exchange rate changes on
0.00 -2715.47
cash and cash equivalents
V. Net increase in cash and cash
-91802939.48 -214054184.65
equivalents
Add: Opening balance of cash and
180051598.36 288328064.43
cash equivalents
VI. Closing balance of cash and cash
88248658.88 74273879.78
equivalents
(II) Adjustments to Opening Financial Statement Items in the Year of Initial
Application of New Accounting Standards First Applied in 2026
□Applicable?Not applicable
(III) Audit Report
Have the third-quarter financial statements been audited
□Yes?No
The Company's third-quarter financial statements have not been audited.Board of Directors of Nanjing Putian Telecommunications Co. Ltd.October 29 2026



