лB2015棨棩
Total current liabilities 10,395,109.56 12,867,240.62
Ltd.
Applicable Not applicable
Related party Relationship Causes Interest rate
market transactions entered into by both willing parties, reference to present fair values of similar other financial
(5) Fair value of equity instrument available for sale sharply declined or other-than-temporary declined at
profits, which are the basis for calculating the current income tax expense, are determined after adjusting the
The Company is specialized in making the middle-top rank bicycles, the main brands are
-195,070.30 3,912,000.61
fittings
behalf of Shenzhen Guocheng Energy Investment Development Co., Ltd., beyond that, the
Total 47,314,732.69
Item
82
The Company has solved the debt problem by reforming, realized the net assets with positive value, the main business of bicycle is
0.00
shareholders)
short supply of batteries as the main component of electrical machine caused by the enhanced management of rare
In RMB
Notes payable
Categories Method Years of depreciation Scrap value rate Yearly depreciation rate
position of minister of development department, concurrently minister of science and technology department,
Retired employee s expenses borne by the parent Company and
to manage property and business affairs by itself under the supervision of custodians according to the law. On 5 November 2013, the
education fund and non-monetary welfare. During the accounting period when staff providing service to the
percent of the total account receivable at year-end, bad debt provision accrual correspondingly at year-end
Bad debt provision accrual was 308,586.17 Yuan; the amount collected or switches back amounting to 0.00 Yuan
common control, the initial investment cost of the long-term equity investment shall be the cost of combination on
evaluation report
latest one years scope of period-end
Other receivables 395,523.78 0.86% 511,254.81 0.99% -0.13%
(1)Types of short-term loans
Other explanation, including dividends payable with over one year age and disclosure un-payment reasons:
382,777.30 691,852.99
appropriateness of the accounting policies adopted and the reasonableness of the accounting estimates made by
the Company, propose the proposal of revised the Interim Measure on Assessment Reward of Annual Performance for Senior
Net cash flows arising from financing
Other explanation:
-3,411,801.12 3,329,695.19 -202.47%
лг() 2015
shall review the useful life of the asset in each accounting period. If there is evidence indicating that the useful life
III. Core Competitiveness Analysis
25%
Item Machines and equipment Total
лг() 2015
Zhonghua M 54 2014-06-27 2017-06-26 8,276 0 2,000 0 6,267
Other explanation:
(1) Account received in advance
4,518,000.00 4,518,000.00
reorganization plan in last
held for sale consists of single item asset and disposal group. If a disposal group is a group of assets as defined by
In RMB
for Business Enterprises No. 22 C Recognition and measurement of Financial Instruments.
Company Item Ending balance Ending book age
2. Tax preference
provisions
л AB
Including: Cash received from
Major actuarial assumption and sensitivity analysis:
Ending balance
equity adjustmen d to provision
the date of acquisition. Cost of combination includes the aggregate fair value of assets paid by the acquirer,
308,276.93 89,066.31 47,988.32 11,997.08
Assets type Starting date Maturity date trusteeship/contra
comprehensive
Net profit attributable to
integration fee
director
-380,520.72 -6,727,454.97
activities
Longlong of Board
1) Financing lease business with the Group recorded as lessee
joint venture and
7. Statement of Changes in Owners Equity (Consolidated)
benefits are probable to flow into the Company; the relevant income and costs can be measured reliably.
income or current income tax and deferred income tax related to transactions or events that are directly recognized
This Period
in profit or loss for the current period; if there is no related deferred income, the repayment shall be recognized
13. Mr. Luo Guiyou, born in 1963, graduated from Fudan University as a bachelor majoring in history. Since Mar.
(V) Reasonable
(2) Deferred income tax assets and deferred income tax liabilities
Account receivable Bad debt provision Accrual ratio
assets
generally related to ownership, nor exercise effective control over the sold products; the relevant economic
No
222,222.22 122,831.69 37,723.39 382,777.30
V. Net profit (Net loss is listed with -) -105,928.77 5,782,999.18
from changes in fair value of
2,114,059.85 -1,626,191.10
In RMB
The fair value refers to the price that will be received when selling an asset or the price to be paid to transfer a
-- --
Co., Ltd.
Shenzhen
fair value and changes 0.00
I. Managements responsibility for the financial statements
amount and investment with minor variation in risks.
because the 2013 corporate income tax of 92,388,200 yuan appropriated by the custodian and the 2014 operating
Additiona
last ten-day of October 2012, Shenzhen Municipal Intermediate People's Court ruled to reform the Company since 25th, Oct., 2012
supervisors and senior "Interim Measures to Annual Performance Assessment of Executives" and performance evaluation
Long-term loans
In RMB
1. Declaration on compliance with accounting standards
Applicable Not applicable
Write-back of tax received
non-temporary decline on the basis of comprehensive related factors, it indicates that there is impairment loss of
y-o-y
Executive in Ruifude Health Insurance Holding Co., Ltd. From Apr. of 2010 till now, he is in charge of associate
Research and development expenditure of the Group was divided into expenses incurred during the research phase
Monetary fund 26,752,065.66 58.32% 30,163,866.78 58.58% -0.26%
II. Total operating cost 171,370,550.82 218,798,040.74
In RMB
Applicable Not applicable
Other Total
Type Total
If all or some expenses incurred for settlement of accrued liabilities are expected to be borne by the third party, the
0 0.00% 0 0 0.00%
-416,262.14 -6,073,439.70 -87.06% 4,360,002.01
6. Other
Other explanation:
according to (2012) Shenzhen Intermediate Court Po Zi No. 30-1 civil ruling, appointed King & Wood (Shenzhen) Mallesons and
equity instruments
Industrial Co., Ltd.
Bonus expense of guarantee slip
лг() 2015
лг() 2015
Item Closing balance Opening balance
Amount
amortization is included in current profit or loss.
release of normative documents about the listing Corporation management rules from China Securities Regulatory
functional currency using the spot rate on the date when fair value is determined and the resulting exchange
In RMB
4. The effect hedging portion
Adopt age analysis method for bad debt provision withdrawal in combination:
Total 0.00 0.00 0.00 0.00
Independent Currently in
instrument
ascertained; and transaction costs incurred and to be incurred can be reliably measured.
Impairment of held-to-maturity investments, loans and receivables
Housing buildings Straight-line depreciation 20 10% 4.5%
VI. Balance of cash and cash
Applicable Not applicable
лг() 2015
person
non-financial reports
116
operating activities
Li Bing F 41 4 No
service
The long-term equity investment acquired through means other than a business combination shall be initially
the purpose of expressing an opinion on the internal control's effectiveness. An audit also includes assessing the
Share based payment is divided into the equity settled share based payment and cash settled share based payment.
settlement of relevant liabilities, with changes thereof included in profit or loss for the current period.
and assembly of various bicycles and spare parts, components, parts, mechanical product, sport
has newly Balance at
89,066.31 0.19% 11,997.08 0.02% 0.17%
period-end period-end
value of other financial assets at each balance sheet date and provide for impairment where there is objective
Accounting firm appointed
of the Company comes to Guosheng Energy. Guosheng Energy is the wholly-owned
Applicable Not applicable
report held held
Cooperative enterprise -- --
in report
Industria 70.84 97 15.81 31.79 31.79 41.91 03 69.94 75.27 75.27
Item Current amount Last amount
consolidation contained in
payment
under common control by acquiring equity of the acquire under common control through a stage-up approach with
securiti
Cash received from absorbing
incentives in the reporting period.
after add value
investors interest in the fair value of the investees identifiable net assets at the acquisition date, no adjustment
receivable and its book value
Related party Borrowed funds Starting date Maturity date Note
Subtotal of cash outflow from financing
In RMB
Financial expenses -675,198.21 -173,453.60
Taxes payable -278,741.70 309,944.51
Nil
Other explanation
лг() 2015
лг() 2015
An intangible asset shall be initially measured at cost. The expenditures incurred on an intangible asset shall be
Cash received from recovering
concern, and it is stressed that the published opinions on auditing will not be impacted by the subject matter.
Custodian and common benefit debts 9,659,853.85 Un-cleared
cumulative expenditures on the asset over and above the amounts of specific-purpose borrowings. The
Investment non-State-owned 11.52% 0 0
enterprise of CBC
лг() 2015
gains
fixed, intangible and other long-term 100,500.00
Domestically
27. Other financial instruments including senior shares and perpetual bonds
other financial assets.
2013, the Civil Ruling Paper Shenzhen Intermediate Peoples Court (2012) Shen Zhong Fa Po Zi No. 30-10 ruled
equivalent achieved. The Companys business cycle was 12 months, and it is the determining criterion for asses
Other explanation, including changes and reasons for changes:
(8) Adjust rebate policy, take the month-by-month activities, assessment and rebate to promote sales.
Other non-current liabilities
Held-to-maturity investment
Total owners equity attributable to
gains/losses or relevant assets costs. The non-monetary welfare is measured by fair value.
Combination cost
restricted cash and cash equivalents.
equivalents due to fluctuation in
bad bet provision
general risk
Content Treatment procedures Cumulative impacted number
(2) Significant other payable with over one year age
1. Sales of major assets
Ltd.
Applicable Not applicable
The scope of consolidation of consolidated financial statements is ascertained on the basis of effective control.
disposal financial assets that measured
fair values of equity instruments as at the revision date before and after such revision. In case that the amendment
Where the Group has current enforceable legal rights to offset the recognized financial assets and financial
of the group of assets, then the disposal group includes the goodwill arising from business combination.
лг() 2015
Tips for specific accounting policy and estimate:
Proportio Bonus tion of Proportio
1. Wages, bonuses, allowances
Particular about top ten shareholders with un-restrict shares held
Cash paid for investment
Cui Jun M 52 4 No
24. Oil-and-gas assets
Retained profit -1,200,090,425.75 -1,199,952,070.17
Sales expenses 6,515,605.90 5,340,463.40
(Y/N)
Capital public reserve 627,834,297.85 627,834,243.83
Applicable Not applicable
Ending balance Opening balance
and fittings
interest method during the leasing period. Contingent rent shall be included in profit or loss for the current period
Total -- -- -- -- -- -- 8,276 0 2,000 0 6,267
according to (2012) Shenzhen Intermediate Court Po Zi No. 30-1 civil ruling, appointed King & Wood (Shenzhen) Mallesons and
Office equipment Straight-line depreciation 5 10% 18%
Fix assets 1,007,906.43 2.20% 773,961.84 1.50% 0.70%
1,363,097.01 1,080,836.82
compound financial instruments are allocated to the portions of liabilities and equities according to their
Investme Other Cash balance
surplus reserves
the same control
fixing service organizations, representing the actual price of a market transaction that takes place in a fair deal.
Defects Evaluation Standards
appropriate) a shorter period to the carrying amount of the financial asset or financial liability.
In RMB
Kong Na Director ntly in F 40 2013-09-26 2016-09-25 0 0 0 0 0
In RMB
capital Preferre reserve nsive le reserve reserve d profit
e-commerce business model and promote the information management based on the e-commerce work of last year,
the depreciation, amortisation or impairment which should have been recognized assuming it had not been
2
In RMB
The attending of independent directors to Board Meeting
Dividends receivable
Co., Ltd. applied to Shenzhen Municipal Intermediate People's Court for reforming the Company as the Company couldnt pay off
accounting for the total assets on the 100.00%
the clubs to organize some special competitions and cycling races around Qinghai Lake and Hainan Island to
(5) Top 5 other receivables at ending balance by arrears party
the Period the Period
Found more in 3 of Note IX.
лг() 2015
Junior college 17
лг() 2015
interest in a subsidiary which lead to loss of control (detailed in previous paragraph). When the transactions are
be allocated to the group of assets under this accounting principle, or the disposal group constitutes one operation
112
98
Applicable Not applicable
Applicable Not applicable
owners equity shall be fully transferred.
3 Supplier 3 14,219,649.57 8.92%
Nil
In RMB
unit n
In RMB
46. Bonds payable
Nil
than those borrowing expenses which meet condition for capitalisation (please refer to note IV-18 borrowing
governments at all levels, people across the country have strengthened their confidence, overcome difficulties,
A financial asset may be designated as at fair value through profit or loss upon initial recognition only when one
In RMB
respectively. If sales of goods and rendering of services cannot be differentiated or cannot be separately measured,
Curre
Unqualified auditors report with explanatory paragraph
r
liabilities
Item Opening balance Increase during the year Decreased Ending balance
-1,005.75 33,117.41 4,582.96
-3.52% -0.0008 -0.0008
accounted for as a change in accounting estimate. For an intangible asset with an indefinite useful life, the Group
Remuneration and appraisal commission of the Company, in reporting period, according to the Interim Measure on Assessment
received or receivable. If a government grant is in the form of a transfer of non-monetary asset, the item shall be
The Company will judge if there is any indication of impairment as at the balance sheet date in respect of
(1) Classification of notes receivable
Applicable Not applicable
IV. Balance at the 551,347, -1,203,6
4. Profit Statement of Parent Company
period 83
activity
Borrower Amount overdue Reasons
30
Financial personnel 6
Finished goods 3,615,787.10 3,615,787.10 5,868,710.50 5,868,710.50
Total -- 0.00 -- --
Statutory surplus reserve 32,673,227.01 32,673,227.01
2. Share of the other
Independent directors come up with objection about Companys relevant matters
IV. Registration changes of the Company
Raw materials 441,460.58 441,460.58 302,597.03 302,597.03
0.00
(4) Inventory system
sustaining and non-persistent on third-order
5. Accounting Treatment Method for Business Combinations
In RMB
Cost /liability of equity
accordance with Accounting Standards for Business Enterprises No. 20 Business combination. All profit or
Group Co., Ltd.
63
5. Translation differences
Including: Investment income on
Closing balance/current amount opening balance /last period amount
3. Remedying loss
Times for attending general meeting
Applicable Not applicable
market is facing a complex environment that price war is a major competition means. Since the domestic economy
economical after taking into account of other transactions in the series. When the transactions are not regarded as
+,-
In RMB
Intermediate People's Court made (2012) Shenzhen Intermediate Court Po Zi No. 30-1 written decision, and approved the Company
Once certain elements involved in the above definition of control change due to changes of relevant facts or
of the following conditions are satisfied: the Company able to control the timing of the reversal of the temporary
shall be fully included in profit or loss for the current period. In the event that the Company acquired an asset
Total 0.00 0.00 0.00 0.00
Interest receivable
Last period
balance
4. Recording currency
no consideration, excluding capital considerations from the government as an owner of the Group. Government
Other
un-accrual
8. Other
(5) Receivable derecognition due to transfer of financial assets
In RMB
1
influence over the investee after disposal shall be accounted for using equity method. Such remaining equity
utilities 458,190.10 816,881.52
Notes receivable
Other accounts payable 10,383,721.15 11,694,785.72
Yes No
For single non-current asset and asset in disposal group classified as assets held for sale, they shall be presented in
Determination method for fair value of the combination cost and contingent consideration and changes:
(2) Depreciation methods
Company from related debts
1. Security offering (without preferred stock) in Reporting Period
compensation
In RMB
See the I-Introduction in Discussion and Analysis by the Management Team
2. Material investment and financing not
and shall take all responsibilities, individual and/or joint, for the reality,
(1) Investment for subsidiary
market is extremely fierce.
involved in cash flow
Curre
I. Bad debt losses 308,237.93 48,575.61
Amount Book value Amount Book value Amount Book value Amount Book value
2. Appraisal Report of Internal Control
In RMB
Add:
recognition of goodwill; and the initial recognition of an asset or liability in a transaction which is neither a
54.02
Section VIII. Particulars about Directors, Supervisors, Senior
In RMB
activity activity
Security sales of agency
Company Nature Amount written off Reason for write-off
14
subsequently to profit and loss
they belong to transactions in a basket, these transactions will be accounted for a transaction in obtaining
Long-term receivables
In RMB
When the Company, as a joint venture, invests or sells assets to or purchase assets (the assets dose not constitute a
Section V. Iimportant Events
proportionate share of the exchange differences arising from the translation of financial statements of foreign
(1) Main accounting policy changes
problem
automation. Fifthly, actively carry out the operation business, and seriously cooperate with the administrators to
commercial sense; (iii) The occurrence of an individual transaction depends on the occurrence of one or more
Including: --
Total assets
In RMB
due to fair value rebound 0.00
Net increasing of cash and cash equivalents -3,411,801.12 3,329,695.19
Reinsurance expense
measured at the amount likely to be received when there is conclusive evidence at the end of the accounting
Shenzhen Guocheng Energy RMB common
report period
Trade-off between the
distribution under net asset of investee accounted for and recognized using equity method) shall be transferred to
other unit n office term term from other unit
Main suppliers of the Company
2. increased in the
period-end applicable) (found
Shenzhen
the intangible asset has a market or the intangible asset itself has a market; if the intangible asset is for internal use,
Year for bonus Amount for cash shareholders of shareholders of Amount for cash Proportion for cash
1. The Company entered into long-term house leasing contract with Shenzhen Material Group Co., Ltd. on 1 May
Curre
year
(4) Details of unrecognized deferred income tax assets
Item 2015 2014 2013 Note
service as of the acquisition date provided that such fair value can be measured reliably. If such fair value can not
144.64 19,824.96 19,824.96 144.64
accounted for and recognized using equity method) shall be transferred to profit or loss for the current period at
Nil
7,025,026.01 115,592,208.06
(1) Construction in progress
the restorable value.
subsidiaries and other units obtained
except for the aforementioned items
Nil
Cash received from issuing bonds
and preparing to transfer 0.00
Name of audit institute Ruihua Certified Public Accountant (LLP)
(4)Accounting for other long-term employee benefits
2) Operating lease business with the Group recorded as lessor
Total 0.00 --
Disposal of fixed asset
лг() 2015
to improve the adaptability of traditional businesses to economy new normal and the market competitiveness.
Where funds are borrowed for a specific purpose, the amount of interest to be capitalized shall be the actual
Operating tax and extras 154,451.03 195,188.86
Nil
the report period
Contents
Nil
6. Other
According to region
office
As a lessor for the Company:
Room 1201, Wantong Building, No.3002, Room 1201, Wantong Building, No.3002,
operation activity
buy-back agreement dealing in reporting period.
1 Supplier 1 70,084,208.51 43.97%
activities
Period transfer-i d in the project amount capitaliz ation rate
balance
0 0.00% 0 0 0.00%
(7) Other receivable derecognition due to transfer of financial assets
Currently in
reserves reserves
are satisfied: it is not probable that the temporary difference will reverse in the foreseeable future; and it is not
the fair value of the identifiable net assets at the acquisition date.
Other explanation:
extraordinary profit and loss
Emmelle 39,689,215.8 170,989,389.
receivables
V. Responsibility performance of independent directors
Under the equity method, where the initial investment cost of a long-term equity investment exceeds the
Selling financial asset of
Types Book
internal supervision; (3) direct impact on internal supervision; (3) direct impact on
лг() 2015
Applicable Not applicable
2. State-owned legal persons
Financial consultant engaged by the Company for performing continuous supervision duties in reporting period
share-based
90
7. Changes of valuation technique in the Period
Board of Directors and board of supervisors were strictly with relevant rules of procedure. Thus we protected
year (Decrease is 71 78.56 .62 32.89
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Total 11,239,769.85 17,898,626.22
development and promotion of medium-to-high end auxiliary parts.
distribution
Other
realisable value is below the cost of inventories, a provision for decline in value of inventories is made. Provision
Explanation on modified audit opinions for internal control issued by CPA
Shareholders shareholder shares ers at restricted un-restrict State of share Amount
Curre
In RMB
comprehensive income
issued
Applicable Not applicable
Opening Belong to Belong to Ending
Storage In 10 thousand 0.6 0.8 -25.00%
Expense on Research and
Total non-current assets
4. Other events after balance sheet date
Other Current money 2,222,080.74
subsidies on
Item Bad debt Bad debt
Applicable Not applicable
Remuneration of key manager 1,554,900.00 1,592,000.00
Shenzhen Guocheng Energy Investment Development Co.,
Income tax expense 94,609.13 2,145,860.08 -95.59% Decrease in total profits
Shenzhen ZhengYuan Liquidation Affairs Co., Ltd. as the custodians of the Company. On the same day, Shenzhen Municipal
Other explanation
Total assets continuously
Lease and property management fee 1,113,211.99 2,801,452.78
An impairment loss recognized on the aforesaid assets shall not be reversed in a subsequent period in respect of
Net increase of mortgaged loans
circumstances, the Company will make separate assessment.
capital (share
Industries Item Unit 2015 2014
2. increased in
the accounting policies accordingly.
(2) Changes of important accounting estimate
In RMB
-5,723,833.42 -105,804,781.48
In RMB
лг() 2015
(5) Constitute of operation cost
capital reserves. The Group shall recognise its share of the investees net profits or losses based on the fair values
4,210,594.98 -37,197.25% disposed of asset No
as profit or loss arising from the loss of control when control is lost.
Independ ntly
Company has completed implementation of the restructuring plan dated 27 December 2013 and terminate the
Current liabilities:
Proportion in total annual purchase amount for top five
directly; and for the other financial liability, relevant transaction expenses shall be reckoned as initial
financing activities
once he took posts of director of the 5th session of nationwide lawyers association, director of the 8th session and
the Group and an investee is not eliminated to the extent that the loss is impairment loss of the transferred assets.
Zong Bin 0.55% 3,056,400 3056400 0 3,056,400
Sungang East Road, Shenzhen Sungang East Road, Shenzhen
independent and completed self-operation ability.
лг() 2015
separate financial statements, the remaining equity interest which can apply common control or impose significant
Subsidiary bicycles and 2000000 5,417,284.02 188,220.65 108,089.35
information
No major accounting errors within reporting period that needs retrospective restatement for the Company in the period.
reckoned into
Claim receivable from related party
Item Related party Ending book balance Opening book balance
(2) Important held-to-maturity investment at period-end
China Bicycle Company (Holdings) Limited
3. Risk factors adverse to the Companys development:
for listed company from CSRC.
As for compiling and audit on annual financial report were checked and communicated by Audit commission in accordance with
activities:
лг() 2015
14,333. 14,333.
Nil
In RMB
Subtotal within one year 93,271.92 279.81 0.30%
1. Changes as a result of
available-for-sale debt instrument will be included in the profit or loss for the period.
reserve
Decrease of inventory (increase is listed with
IV. Assets and liability
Less: Inventory shares
ng
commission of Guangdong lawyers association and director of culture construction committee of Guangdong
the course of continued use and final disposal is determined as the amount discounted using an appropriately
Number of hospitality 0
Item Original book value Depreciation reserves Book value
Present value of the defined benefit plans:
V. Net after-tax of other comprehensive
Yes No
loss related to the transaction shall be accounted for.
capital)
listed with -)
Error
Deposit 13,627.00 within two years 0.11%
2010 to Oct. of 2010, he was committee of marketing management commission in planning team in Guangdong
II. Associated enterprise
Period nt in interest amount year
measured by fair value
Urban maintenance and construction tax 146,170.20 150,619.25
Cash received from absorbing
Cash received from recovering
Deferred income tax -77,069.23 -11,997.08
management
(i) Total 4,885,6 897,320 5,782,9
0.00
In RMB
38
(6) Assets and liability resulted by receivable transfer and continuous involvement
Zhengwang Development Co., Ltd.
Section VII Preferred Stock.47
Enterprises No. 8 C Asset Impairment, the Company shall recognize the full amount of this loss in relation to the
Subsidiary Registered place Business nature Acquired way
Other cash paid concerning
61. Operating income and operating cost
beginning of this 50,057.
Other explanation
1. Withdrawal in
For a long-term equity investment acquired through a business combination involving enterprises under common
investment by the Group, the remaining equity interest after disposal shall be accounted for using the recognition
last period
controlled and sold
period upon loss of control.
Total shares 551,347,947.00 551,347,947.00
fair value
Depreciation test method and depreciation allowance method for intangible assets of the Company was been
Contingent liability of the acquiree bear during combination:
лг() 2015
(II) Other comprehensive income
can be reliably measured.
retirement date, shall be recognized (as compensation for termination of employment) in the current profit or loss
551,347,9 551,347,9
losses
32,426.81 897,320.62
All significant inter-group balances, transactions and unrealized profits are eliminated in the consolidated
Ji Hanfei P.R.C No
Enterprise combination under the same control is the enterprise who take part in the combination are have the
947.00 97.85 7.01 .03
red ual Other reserve
period:
person
slip
90.73%
Guiyou
In RMB
refers to where pricing is easily and regularly obtained from exchanges, brokers, industrial organizations and price
one year
reckoned into
лг() 2015
on the investee are accounted for using equity method. In addition, long-term equity investments with control on
Deferred income tax liabilities
Subtotal of cash in-flow from 100,500.00 -100.00%
on hand, wrap page, low value consumables, materials for consigned processing and goods sold.
-446,376.91 104,734,227.53
Other explanation
with surplus
Currently in
Base-B, Funde Insurance Holding and Funde P&C, director of Vengood E-commerce and Cybemaut Yingke. And
joint control or significant influence of the Group is accounted for as available-for-sale financial assets or
(6) Assets and liability resulted by receivable transfer and continuous involvement
(4) Other financial instruments classify as financial liability
1. Potential loss or potential error of total
inventory and its net realisable value. As for inventories with huge number and relatively low unit price, such
Ending fair value
Item Ending balance Opening balance
Accounting period of the Company consist of annual and mid-term, mid-term refers to the reporting period shorter
(3) Income from charge for use
Name of CPA Li Zehao, Ren Weixing
shall be classified into financial assets at fair value through profit and loss, held-to-maturity investment, loans and
лг() 2015
The top ten common stock shareholders or top ten common stock shareholders with un-restrict shares held of the Company have no
лг() 2015
No other material contracts for the Company in reporting period
Deposit 79,035.00 within two years 0.63%
In RMB
Energy Investment
office
Ji Hanfei
(3) Convertible conditions and time for shares transfer for the convertible bonds
Other explanation:
лг() 2015
2. Objection for relevant events from independent directors
Applicable Not applicable
In RMB
year statement
III. Horizontal competition
Current amount Last amount
accounted for using equity method
insurance
compensation amount shall, on a recoverable basis, be recognized as asset separately, and compensation amount
6. Receivable/payable items of related parties
1-2 years 658,485.35 1,975.46 0.30%
(2) Determination basis and accounting for government grants related to income
This Period
operation results the impact number
Other explanation:
Net cash flows arising from operating
лг() 2015
capital)
We considers that China Bicycle Company (Holdings) Limited, in line with Basic Norms of Internal Control and relevant
Nil
101
7,947. 52,070.
Name of domestic CPA Li Zehao, Ren Weixing
Interests received from available-for-sale financial assets held and the cash dividends declared by the investee are
As a guarantor for the Company
capital (share
Costs of construction in progress are recognized by actual construction expenses, including vary engineering
control of 2015. Ruihua CPA considers that the Company, in line with Basic Norms of Internal Control and
5. Accounts receivable
-- --
(decrease is listed with -)
product structure, strengthens the quality management, enhances the costs management and control, makes efforts
Company Amount written off Reason for write-off
listed with -)
and creates a range of electrical bicycles to occupy the domestic market. Up to 31 December 2015,
Time, amount and basis
Bond
credit portfolio
лг() 2015
translation difference, and transferred to current profit or loss for the current period when the overseas operation
Item Ending balance Opening balance
grants are classified into government grants related to assets and government grants related to income.
according to the fair value at the acquisition date; the difference between the fair value and the carrying amount is
Potential loss or potential error of operating potential error of operating income: (1)
ual able
1. Capital reserves
Short-term loans
to pre-tax total profit of 3%, (2) Major Major defect: more than pre-tax total
Losses of devaluation of asset -39.00 587.29
asset.
by the acquiree which shall be calculated under equity method.
Shareholders name Amount of un-restrict shares held at Period-end
Type Total
No
forecasting period, explain reasons of reaching the original profit forecast
Total 397,833.20 -- 348,277.01 --
included in profit or loss for the current period, when the Company cannot revoke unilaterally compensation for
During the capitalization period, exchange differences on a specific purpose borrowing denominated in foreign
Fair value 0.00
investment, domestic
the exercisable rights, and accounts for the service obtained in the current period in relevant cost or expense with
entity
conversed to
activity
2. Unemployment
лг() 2015
(4) Top 5 receivables at ending balance by arrears party
(4) Interest income
Total -- -- -- -- 184.09 --
(Y/N)
significant amount, if no impairment being found in financial
Divided into assets held for sale
Cash and cash equivalents is excluding the parent company or subsidiary of the group using
the report period
corresponding budget to ensure such grants will be paid on time as specified; and (4)other relevant conditions
plan liability or asset
Book balance Depreciation reserves Ratio of
comprehensive income of the investee
65
5.58 81 8.77
in the consolidated income statement and consolidated cash flow statement, and the opening balances and
Total 845,449.44 449,925.66
reporting date of auditing, the Company has not introduced any investor, but retained the business of bicycles so as
the long-term equity investments in a subsidiary by the parent company results in a change in control, it shall be
manufacturing field is expected to remain in a hard situation with rising labor cost, manufacturing cost, financing
Increased Decreased Period-end Increased Decreased Period-end dividend
Nil
Other Cash
Other 829,396.81 1,069,856.86
140
(8) Contingent liability with investment concerned with joint venture or cooperative enterprise
Except the following director, other directors are attended the Board Meeting for
impairment loss originally recognized shall be reversed. The impairment loss reversal of the available-for-sale
Company Item Ending balance Ending age of amount collection
Other explanation:
In RMB
assets for which an impairment loss is individually recognized are not included in the collective assessment for
56. Treasury stock
Section XI Documents available for reference .............................................................................. 51
0.00
company's consolidated financial
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures of the
Independent
(ii) Owners
insurance
China Bicycle (Group) Holdings Co. Ltd. and successively took the post of Deputy Manager, Manager of
(I) Company History
5) Total other adjustment impacts 0.00 Yuan retained profit at period-begin
XVII. Significant contract and implementations
123
year
IV. Compilation Basis of Financial Statement
5. Application of raised proceeds
the benefits, utilize Qinghu base to create effective support services of small manufacturing for market demand
Deferred income tax asset 89,066.31 11,997.08
Total numbers measured by share-holding
Related Relationshi non-busines added period-end
Whether the
Subtotal of cash outflow from financing
Insurance contract reserve
Category Book
party from party from
to profit or loss
Determination method for fair value of the identifiable assets and liabilities:
Subsidiaries refer to entities regulated by the Company.
-1,204,8
the payment thereof be covered by corresponding budget to ensure such grants will be paid on time as specified;
labor costs, manufacturing costs, capital costs, and material costs. The low industry entry threshold and numerous
Section IV Discussion and Analysis by the Management Team
лг() 2015
лг() 2015
listed with -)
designated by CSRC in the report period;
Item Current amount Last amount
1.Ending book value 382,376.22 392,359.41 233,170.80 1,007,906.43
subsidiaries, associates and joint ventures to the extent that it is probable that taxable profits will be available
The Group disposes its equity investment in subsidiary by a stage-up approach with several transactions until the
(7) Un-confirmed commitment with investment concerned with joint venture
18. Borrowing costs
Tax for maintaining and building cities 7%
Accountant, Chinese Certified Tax Agent, judicial authenticator and owes professional qualification of state laws;
activities
2. Usage in the
the Year
fair value
Amount Ratio in total Amount Ratio in total changes
Accumulated
Item Share Perpetu Less: Retaine
interest shall be treated as accounting for using equity method since it is obtained and adjustment was made
valuation and consultation fees, and other related administration expenses are charged to profit or loss in the
Non-staff
bankruptcy proceedings, in which the condition of introduction of investors has been set out with a view to restoring
Technical personnel 7
obtained obtained obtained obtained way date to date to
liquidity and liability liquidity.
Item Opening balance Increase during the year Decreased Ending balance
gain shall be recognized accordingly. However, any unrealised loss arising from inter-group transactions between
лг() 2015
assets, while those that do not satisfy the following conditions are accounted for in the profit or loss for the current
In RMB
equivalents at the period -begin
Net profits belong to common stock
In combination, withdrawal proportion of bad debt provision based on other methods for account receivable:
In 2015, the Company appointed Ruihua Certified Public Accountant (LLP) as the auditing of the internal control, and auditing fee
9. Foreign currency business and conversion
Insurance receivable
0
Nil
3.DecreasedAmount
accrual at period-end
contract compensation
Supplementary information This Period Last Period
Xu Hongbo 0.57% 3,137,419 0 0 3,137,419
Total 0.00 0.00 0.00 0.00 0.00 0.00 -- -- 0.00 0.00 0.00% --
Applicable Not applicable
Prepaid tax 209,155.59
measured by fair value
manufacturing at home and abroad, and achieving overall stable of business. Secondly, comprehensively start the
Net profit comprehensi Net profit comprehensi
5
163
income
general risk
Explanations on combination determine:
unit
9
obligation assumed shall be provided for and charged to the profit or loss as investment loss for the period. Where
I. original book value:
Nature of actual controller: domestic natural person
(if applicable) for Qualified Opinion that issued by CPA
not fully cashed on the approval date of annual report
Net cash received from disposal of
Financial expenses 2,372.72 1,734.98
from reclassification of held-to-maturity
grouping is reported to key management personnel on that basis.
Applicable Not applicable
лг() 2015
(II) Business Scope and Operation
Total -- 155,272,692.64 90.81%
Decision procedure of According to relevant rules of the Article of Association, the general meeting of shareholders decides
Other explanation:
Account comprehensive
30.44 .15
investing activities
Domestic nature
8.12 12
person
and expenses incurred during the development phase.
Total 100.00% 53.22% 100.00% 46.83% 511,254.81
(2) Financial information for reportable segment
-0.0003 0.0089 -103.37% 2.8570
share-based
office
For the repayment of a government grant already recognized, if there is any related deferred income, the
Applicable Not applicable
accounting policies as set out in Note IV.13.(2) long-term equity investment by using equity method of
In RMB
Ltd.
Interest expense
green commuting, leisure and exercises as a result of the development of Chinas social economy and the change of
X. Risk related with financial instrument
лг() 2015
payable
Cui Jun 6 2 4 0 0 No
period of last year
exchange differences arising on translation of financial statements of this foreign operation attributable to owners
Shenzhen Institute of accounting and Deputy director of the Expert Committee on accounting standards of
year
лг() 2015
65. Financial expense
asset or financial liability at FVTPL, and the economic characteristics and risks of the embedded derivatives are
лг()
and recognize assets held and obligations assumed jointly by the Company in appropriation to the share of the
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00
center, Office of the Chairman, Supervision office; he serves as deputy GM of Shanghai Branch of Life Insurance
Interest overdue without paid:
48. Long-term employee payable
activities
Item Less: Other Provisio Total
provision is made under categories of inventories; as for inventories related to a series of products produced and
Opening nt gains comprehe Other dividend Ending of
Applicable Not applicable
Applicable Not applicable
Sun Secretary
Financial expense -675,198.21 -173,453.60 289.27% Increase in interest income
Li Xiang ntly in M 42 2014-06-27 2017-06-26 0 0 0 0 0
Company Nature Ending balance Age balance of other
2. Surplus reserves
Start dated of End date of remuneration from
Shenzhen Anjingheng
Curre
impairment losses being recognized, than not testing in the
reporting reporting period (if
IV. In the report period, the Company held annual shareholders general meeting and
Nil
97
Confirmation basis of The Company refers to the position rank and comprehensive industry level. And then general meeting of
after deducting non-recurring gains
Other explanation:
Professional background, major working experience and present main responsibilities in Company of directors, supervisors and
attributable to owners of parent Company
office
Intangible assets No major change
3%( and absolute amount more than RMB than RMB 0.5 million), (3) Material
3. Equity in joint venture and cooperative enterprise
Explanation on contingent consideration and its changes:
Important bad debt provision collected or switch back:
5. Other related transactions
ntly
2. Related transactions by assets acquisition and sold
Including: Dividend and profit of
At the balance sheet date, monetary items denominated in foreign currency are translated into the functional
value on
Applicable Not applicable
combination date. Balance of net assetss book value acquired by combining party and combine consideration
including legal fee, relevant tax and surcharges, transportation fee and direct expenses incurred to prepare the
equivalents at the period -end
Name of CPA Ruihua Certified Public Accountant (LLP)
лг() 2015
capital (share
long-term equity investment together with any long-term interests that in substance form part of the investors net
Deposit 90,100.00 Within one year 10.66% 270.30
entity, the share based payment transaction is accounted for as cash settled share based payment.
3% of total profit (3) Material defect:: more than 3% of
On 11 , May 2012, the largest shareholder and biggest creditor of the Company, Shenzhen Guosheng Energy Investment and
(2) Long-term account receivable derecognition due to transfer of financial assets
currency monetary items that indeed constitute net investment in overseas operation, the exchange difference
71
commodities and providing labor 93,016,514.64 108,375,320.26
intangible and other long-term assets
лг() 2015
the expenses attributable to the development phase of the intangible asset can be measured reliably.
with surplus
attributable to the Group calculated according to the proportion of newly acquired shares, the difference of which
Influence on operation
December 1991, upon the Approval Document SRYFZ(1991) No. 119 issued by Shenzhen Special
payment
r in
the incomes and losses arising from derecognition, impairment or amortization shall reckoned into current
person
Nil
лг() 2015
Pricing basis of trustee
The invested
distribution of investee, the carrying value of long-term equity investment shall be adjusted and included in the
5. Ms. Kong Na, born in 1976, master degree; From Sep. of 2005 to Apr. of 2010, he took post of Assistant Chief
Owners equity:
Other explanation:
Total 32,673,227.01 0.00 0.00 32,673,227.01
Add: Balance of cash and cash
major mistakes of investment decisions; (2) closure of etc. Major defect: (1) indirect
Applicable Not applicable
In RMB
Nature Ending book balance Opening book balance
Trusteeship/contract
amount is determined to be RMB 5 million. The account receivable with single significant amount has no depreciation reserve, and
Sales expense 6,515,605.90 5,340,463.40 22.00%
over the periods in which the related costs are recognized; if the grant is a compensation for related expenses or
1. State-owned shares 0 0.00% 0 0 0.00%
Lease and property management fee 562,901.30 666,701.92
Item Ending balance Opening balance
78
(ii) Owners
RMB common
Name of independent Times of Times of Meeting for the
Total 170,990,030.10 159,399,271.88 212,070,585.77 198,964,665.65
1. Introduction
8. Other
17. Project under Construction
Fenbo
Nil
Dividend payable
Other explanation
Disclosure Rules of the Company who Publicly Issues Securities No.15General Rules of Financial Report
54. Other equity instrument
to cost (month) accrual
Accrual Premium/
In RMB
369,201.08
Ministry of Finance Order No. 76 Revised), 41 specific accounting rules issued and revised on 15 February 2006
Proportio Changes
3. Distribution for
main Subsidiaries (people)
In RMB
shares
In RMB
no consideration, excluding capital considerations from the government as an owner of the Group. Government
Item Ending balance Reasons of un-paid or carry-over
In RMB
listed with -)
In RMB
In RMB
at the time it incurred.
business of bicycle is able to be maintained and realizes the stable development. The Company has set up the
2. financial assets
If the co-runs entity is the separate entity, basis of the co-runs classification
5,880.00
2. In 2015, cash outflow from operating activities has significantly declined compared with 2014, mainly because
Item Current Period Last Period
results in decrease in total fair value of share based payment or adoption of other means which are not beneficial
I. original book
627,834,2 32,673,22 7,983,327
For the purpose of impairment testing, the carrying amount of goodwill presented separately in the financial
capital (share
The Group shall review the useful life of intangible asset with a finite useful life and the amortization method
he served as independent director of the Company since August 2010.
to manage property and business affairs by itself under the supervision of custodians according to the law. On 5 November 2013, the
Investment property
Type
(4) Related guarantee
combine under
Type of actual controller: natural person
Yes No
equivalents at the period -end
2%
to build a modern enterprise system. Operation, assembling and holding of general meeting of shareholders, the
,297.85 227.01 85.21 231.32
Accrual Accrual Book value
by the acquiree which shall be calculated under equity method.
statue of the Company
Within 1 year 7,465,772.01 22,397.32 0.30%
securities
Nil
forward internal
In RMB
equity instrument
5,391,566.14 14,108,887.56 -61.79% Paid the 2014 operating
92
Municipal Intermediate People's Court ruled to reform the Company since 25th, Oct., 2012 according to (2012)
II. Profit distribution plan and capitalizing of common reserves plan for the Period
3. Training programs
asset group or set of asset groups, pro rata on the basis of the carrying amount of each asset.
currency shall be capitalized. Exchange differences related to general-purpose borrowings denominated in foreign
cost cost
X. Auditing report of internal control
Nil
classified as held for sale; (2)the recoverable amount on the date when the Company decides to cease disposal.
Wage payable 1,384,667.20 1,772,814.72
Despite the fierce market competition in the bicycle industry as a conventional industry, the increased awareness of
Other equity instrument
(1) Operating lease
The Company has no important contingency that need to disclosed
disposal losses
(2) Provision of labor services
Item Ending balance Opening balance
Other loss/profit qualified definition of
(1) Accounts receivable by category:
current gains/losses
last year
Perpetual capital
Guocheng Energy Domestic
108
Item Opening balance Switch back or Ending balance
Shenzhen Guocheng Energy
long-term equity investment is adjusted in the event of additional investment or investment recovery. Except
sheet, such exchange difference will be reclassified to profit or loss in current year when the foreign operation is
1,506,000.00 1,506,000.00
owners equity with
ratio
the report period
Applicable Not applicable
Item Current Period Last Period
1. Current non-recurring gains/losses
Other comprehensive income
Accounts payable 7,787,813.83 10,278,377.96
39,731.46
Full name of Nature of n of sharehold of of
Applicable Not applicable
(4) Fulfillment of the companys signed significant sales contracts up to this reporting period
distribution
deferred income tax assets and deferred income tax liabilities using the balance sheet liability method.
The Company dose not recognises change of fair value of equity instruments.
company(RMB)
borrowed funds before being used into banks or any investment income on the temporary investment of those
period of time for acquisition, construction or production to get ready for their intended use or sale.
concern before the restructuring. On the other side, the Company has set out the condition of introduction of
management
Nil
Independent
Item Amount transfer to account receivable at period-end
published and voluntarily disclosed by local financial authorities in accordance with the requirements under
Accumulated Depreciation
l
Item Original book value Book value Note
enterprise under common control by acquiring equity of the absorbing party under common control through a
inflow of expected economic benefits. When a contract in loss is identified and the obligations there under are
7 7
accounting policies and accounting periods of the Company. Investment gain and other comprehensive income
Independent Currently in
assets or liabilities are expected to be reversed, deferred tax assets and deferred tax liabilities are offset and
117
the financial instrument excludes delivery of cash or other financial assets to others, or exchange for contractual
(1) Purchase
Other
owners (or
Classification of industries
I. Company information
Inventories 4,057,247.68 6,171,307.53
Applicable Not applicable
shall determine whether the business combination shall be regarded as a bundle of transactions in accordance
Nil
In RMB
222,222.22 560,364.97
District Shenzhen. He once took post of auditor and manager of Guangzhou CPAs. From 1998 till now he acted as
Signing date of audit report 2016-04-22
Administration expenses 5,391,566.14 14,108,887.56
Cash paid for investment
(3)Accounting for retirement benefits
capitalised as part of the cost of those assets; (ii)exchange difference of hedge instruments used as effective
subsidiary of National Investment, actual controller was Zhang Yanfeng. 4. In January
Joint venture -- --
Sales expenses
Item Current amount Last amount
end of the report 7,947. 52,070.
End of 2015 End of 2014 End of 2013
Changes of controlling shareholders in reporting period
director office
In RMB
balance recognize nsive equity or profit Other balance impairme
(1) Other accounts receivable by category
present value shall be recognized as unrealised financing income. The balance of lease receivable after deducting
included in relevant cost or expense for the current period, with corresponding adjustment in capital reserve.
Companys rights and obligation ns under a joint arrangement, the Company classifies joint arrangements into:
Deliberations in Internal Control Audit Report
(2) Overdue outstanding short-term loans
profits and losses
Long-term equity investments with joint control (excluding those constitute joint ventures) or significant influence
arms length transaction. If there is no sale agreement but the asset is traded in an active market, fair value shall be
and interbank deposit
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1. Compilation Basis
individual transactions in the series; (iv) The result of an individual transaction is not economical, but it would be
Cash
not under common control, their operating results and cash flows subsequent to the acquisition date are included
difference; and it is probable that the temporary difference will not reverse in the foreseeable future.
33
as amortized against the difference between the initial recognition amount and amount as of the maturity date at
Yes No
the investee. In respect of the other movement of net profit or loss, other comprehensive income and profit
94
Accrual Accrual Book value
In combination, withdrawal proportion of bad debt provision based on balance proportion for account receivable:
Carried out modified opinion for internal control audit report from CPA
Qualitative criteria central government and regulatory agencies, investigation of the central government
Perpetual capital
recognized, the difference shall be recognized in the profit or loss of the period. Except for the above
Long-term equity investments under this section refer to long-term equity investments in which the Company has
Other explanation, including changes and reasons for changes:
Absent the
Other 20,600.33 26,623.61
135
Deferred income
In combination, accounts receivable whose bad debts provision was accrued by age analysis:
Whether lost controlling rights in the Period while dispose subsidiary on two or more steps or not
Yao
operation without losing control over it, the proportionate share of exchange differences arising from the
Emmelle 650 650
лг() 2015
comprehensive income of the investee
through asset restructuring. Up to the reporting date of auditing, the Company has not introduced any investor, but
recognise capital reserve. If employees or other parties who can choose to satisfy the non exercisable rights do not
88.69% 14.33% 100.00% 16.18%
In RMB
74
and (4)other relevant conditions which shall be met based on the specific situations of the Company and the
of e-commerce business have been verified and implemented. Thirdly, continue to increase efforts to promote
instrument investment refers to the acquisition cost.
Education background
Total 1,271,303.96 2,232,187.80
Nil
Total 0.00 0.00 --
Number of individual reception 8
лг() 2015
Commission charge and commission
Total current assets 41,007,122.23 46,185,688.63
(IV) Carrying
assets
long-term equity investment of disposed equity interest before loss of control shall initially recognized as other
100%
Discontinued operation refers to the operation disposed or classified as held-for-sale by the Company and
period-begin has 0.00 Yuan affected;
4. Foreign shares 0 0.00% 0 0 0.00%
shareholders
Domestically
In RMB
Total 209,155.59
In RMB
The Company had no difference of the net profit or net assets disclosed in financial report, under either IAS (International
(2) Restructuring obligations
and being sentenced to a fine or penalty, and regulatory agencies, and being
shown on Note IV-20 Long-term assets depreciation.
лг() 2015
Non-current assets:
1. Equity in subsidiary
86
of shares of shares
d stock income
the time when equity method was ceased to be used.
activities:
Section VII. Preferred Stock
associates or joint ventures, the difference between the carrying value of consideration received and operation
Other explanation
XVII. Principle notes of financial statements of parent company
investment by subsidiaries
Provision of general risk
Changes over end of
41
corporation comes top 10 shareholders
relevant part of the movement arising from re-measuring net liabilities or net assets under defined benefit scheme
(1) Recognition principle of consolidated scope
(1) Dividend receivables
100.00% 548.29 100.00% 587.29
differences will be recognized as fair value change (including exchange difference) in profit or loss or in other
owners equity with
Return on Equity -1.17% 51.72% -52.89% 0.00%
net of the carrying amount and related tax and surcharges is recognized in profit or loss for the current period.
market promotion costs 1,474,565.46 721,113.68
the enterprise
8. Dividend receivables
Company Amount reversal or collected Collection way
Item Ending balance Opening balance
documents, resulting in investigation of the normative documents, resulting in
accrual
Deposit 90,100.00 within two years 0.71% 548.29
is depreciated over the shorter period of the lease term and the period of expected use.
the chairman of Shenzhen Liona Group Co., Ltd.
to maintain its ability to continue as a going concern before the injection of assets by investors. Therefore, there is
114
loss in the current period.
Item Current amount Last amount
(3) Financial assets available for sale measured by cost at period-end
indirectly make the significant error in the impact on major mistakes of investment
Li Bing ent F 41 2013-09-26 2016-09-25 0 0 0 0 0
Applicable Not applicable
investment for
comprehensive
doesnt have the recombination party at the moment. The Company will continue to carry out vary related works actively and
Less: Operating cost 1,183,430.55 4,505,933.46
of the investees individual separately identifiable assets at the time of acquisition, after making appropriate
Item Deductible temporary Deferred income tax Deductible temporary Deferred income tax
n
Refers to the non-derivative financial assets for which there is no quoted price in the active market and of which
Item Ending book value Fair value Expected disposal time
by fair value and with variation
measured at its cost. Such cost is depended upon the acquired means of long-term equity investments, which is
in 2014, and propose a annual reward plans. In line with the requirement of internal control, and actual current operation condition of
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
XI. Disclosure of fair value
00 17
Influence on operation result
21
and electric bicycles, etc.
Withdrawal method for bad debt provision according to the balance between future cash flow on account
Long-term account payable
Development Co., Ltd.
person
An equity instrument is a contract that evidences a residual interest in the assets of the Group after deducting all of
лг() 2015
лг() 2015
ve income ve income
105
associate of general manager of headquarter and committee of marketing management commission. From Mar. of
Available-for-sale financial assets are subsequently measured at fair value. The gain or loss on change in fair value
business combination not under common control, the financial statements of the subsidiaries are adjusted based on
-- -- -- --
Age
11. Assets holding ready for sold
Total -675,198.21 -173,453.60
-3,029,023.82 3,921,048.18 -177.25% -28,210,167.86
accessories and 170,990,030.10 100.00% 212,070,585.77 100.00% -19.37%
year
Contact add.
Ending balance /Current amount Opening balance /Last amount
(3) Notes endorsement or discount and undue on balance sheet date
Current Total Current Total Current Total Current Total
2. Main overseas assets
rules and Chinese GAAP (Generally Accepted Accounting Principles)
2. Concerning assts or project of the Company, which has profit forecast, and reporting period still in
Item Offset between segments Total
(Hongkong) 0.99% 5,476,051 5476051 0 5,476,051
Subtotal 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Derivative financial liability
Other receivable with single significant amount and withdrawal bad debt provision separately at end of period:
(6) Other explanation
Sales of
accounted in the current
1. In March 1992, the Stock of the Company was listed in Shenzhen Stock Exchange,
16. Fixed assets
contract-out party contractor basis
Impact on cost, expenses and losses that unable to deducted 105,928.77
Expenses incurred during the research phase are recognized as profit or loss in the current period.
combination is lower than the fair value of the acquirers share in the identifiable net assets, the acquirer shall
15
Disposal of fixed assets
Long term unamortized expenses represent the occurred expenses which should be shared by the current period
Curre
Cash paid for bonus of guarantee
Item Opening balance Increase during the year Decreased Ending balance
Total 1,400,000.00 1,400,000.00 1,389,620.27
Ltd.
Resolution
Delegated equity incentive for directors, supervisors and senior executives in reporting period
(1) investment in debt
4. Mr. Cao Fang, born in 1974, master degree; since May of 2007, he took post of item manager of marketing and
investment activity
instruments.
creative design and intellectual property, arbitrator of mediation center of south China International economy and
other
an investee, but to fail to control or joint control the formulation of such policies together with other parties.
(2) Other assets replacement
A financial asset at fair value through profit or loss is subsequently measured at fair value. Any gains or losses
Yes No
Item Current amount Last amount
shall be recognized accordingly. In respect of the transactions between the Group and its associates and joint
Amount of value-added tax and sales tax
Including: preferred stock
The Company had no changes of controlling shareholders in reporting period
deferred income tax deferred income tax deferred income tax
Total 100.00% 694,416.00
Development Co.,
ratio ratio
profit and
operating activities
comprehensive income of the investee
лг() 2015
Long-term loans
VIII. Earnings per share:
Nil
President
Specific account of
(2) Other cash paid in relation to operation activities
Total 0.00 --
about whether the financial statements are free from material misstatement.
not change in a short time, these buildings will be stated as investment properties.
been gradually on the line of e-commerce platforms such as Tmall, Jingdong, Suning, Gome, official websites,
Legal Representative: Li Hai Person in charge of Accounting Works:Sun Longlong
Sales income, and income from
the year forward to gains
Nil
Concerning the unqualified auditors report with explanatory paragraph issued
11,334.44 180,654.20 181,720.68 10,267.96
лг() 2015
45. Long-term loans
лг() 2015
124
лг() 2015
return arising from the ownership of the financial asset, has been transferred to the transferee; and the financial
since March 2012.
using the straight-line method over the lease term. The initial direct cost is directly accounted in profit or loss for
and deferred tax liabilities relate to income taxes levied by the same taxation authority on either the same taxable
(1)Accounting for operating lease
surplus reserves
instruments
or loss
payment
I. Audit report
management department in headquarter of Life Insurance, associate of general manager of marketing and
Share Capital Invento compre Surplus n of Retaine interest owners
(2) Bad debt provision accrual collected or switch back
In RMB
ratio ratio
Prepared by Shenzhen China Bicycle Company (Holdings) Limited
(10) To strictly implement the entry and exit mechanism of OEM factories and suppliers and perform strict quality
date date
Subtotal 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
(3) The company has no reportable segments, or unable to disclose total assts and total liability for
Accounting Standards) or Chinese GAAP (Generally Accepted Accounting Principles) in the period.
they were disposed of by the acquiree directly, namely be transferred to current investment income other than the
a bachelor degree, a bachelor of Economics. He successively worked as financial affairs in Shenzhen Qiongjiao
Changes of actual controller in reporting period
Held-to-maturity investment adopts effective interest method and carry out subsequent measure on amortized cost,
Impact on minority shareholders
лг() 2015
reserves reserves
Amount Ratio Amount value Amount Ratio Amount
21. Engineering materials
party p s capital (10 (10 thousand
For a government grant related to income, if the grant is a compensation for related expenses or losses to be
assets or liabilities after assets and liabilities at assets or liabilities after
operations profit
Profit distribution plan (pre-plan) of common stock and capitalizing of common reserves plan (pre-plan) in latest three years
Company recognise cost and expenses related to payment of compensation for dismissal and restructuring,
While financial instruments do not exist in an active market, the fair value is determined using valuation
director
Among them: issue of
Intermediary services charge 636,037.72 1,495,493.10
In combination, accrual bad debt provision with other method:
22,872.59 22,872.59
Ended as balance sheet date, long-term lease contract signed outside by the Company as:
(1) Fixed assets
engineer of the Company in electrical & mechanical engineering division, GM assistant of Hunan Guangdian
entity or items
(1) investment in debt
(1) Disposal
(3) Cash received from other investment activities
major mistakes of investment decisions; (4) major mistakes of investment decisions;
Receivable with single significant amount and withdrawal bad debt provision separately at end of period:
Net cash flow from operation
Post-holding in shareholders unit
report period
The Company has risks in reporting period that found in supervisory activity from supervisory committee
III. impairment of
Other explanation
Long-term account receivable
required for the performance of existing obligations, after taking into account relevant risks, uncertainties, time
Board of Directors, Supervisory Committee, all directors, supervisors and senior
30. Deferred tax assets / deferred income tax liabilities
3.DecreasedAmount
to the to the
Account receivable Bad debt provision Accrual ratio
Name of director not Title of director not
2. Domestically listed foreign 248,362,9 248,362,9
-3,411,801.12 3,329,695.19 -202.47% Received the 2014
Industrial Co., Ltd.
Item Ending balance Opening balance
Chinese GAAP (Generally Accepted Accounting Principles) in the period.
stock voting rights
bad bet provision
Business tax 180,489.66 250,697.67
Cui Jun ent M 52 2013-09-26 2016-09-25 0 0 0 0 0
re-measurement of net defined benefit
Other explanation, including changes and reasons for changes:
the amount of initial measurement of the equity securities or liability securities. The relevant contingent
No
VII. Total comprehensive income -105,928.77 5,782,999.18
Yes No
Total 54
6. Mr. Cui Jun, born in1964, party member of CPC, doctor of engineering, master of law and a first-grade lawyer;
income: (1) General defect: less than or General defect: less than or equal to
Equipment Co.,
December 2013 and terminate the bankruptcy proceedings, in which the condition of introduction of investors has
combined Combination determine the party during party during
securities
translation in last year; closing balance of undistributed profit is computed according to the items in profit
than their cost, the original provision for decline in value is reversed and the reversal is included in profit or loss
assets
Changes resources Current amount Last amount
Other receivable with single significant amount and withdrawal bad debt provision separately at end of period
Other equity instrument
by holders of other
amount more than RMB 1 million; 2. RMB 1 million; 2. Potential loss or
Administration expenses 2,412,060.36 13,181,561.45
In RMB
лг() 2015
accounted for using equity method
Including: --
-222,222.22 -560,364.97
(3) Defined contribution plans
2. Sales of major equity
No guarantee for the Company in reporting period
Cash paid for dividend and profit
84
164
Name Name of other units
Applicable Not applicable
IV.22 Long term assets impairment
Item Ending balance Opening balance
45
non-current asset (including the write-off 33,851.46 1,611,690,513.84
Nil
Total -- 144,625,287.99 90.73%
the investee are accounted for using cost method and record in the Companys financial statements.
Acquiree obtained in of of
Opening nt gains Other Ending of
State-owned legal
5,476,051 5,476,051
Total 277,906.56 10,959,118.26 1,570,863,892.88 --
assets liability assets liability
Applicable Not applicable
working capital
(5) On purchasing date or period-end of the combination, combination consideration or fair value of
accounting policy please refer to Note VI-10. Financial instruments.
II. Post-employment
62
event occurring after such recognition, the impairment loss originally recognized shall be reversed to the extent
67. Changes in fair value gains
(II) financial assets
supervisors and senior supervisors and supervisors amounted to RMB 1,840,900 from January to December in 2015.
personnel education
non-current asset
China Merchants Securities Hong Domestically
18. Investment real estate
Other explanation:
Reasonable reserve
currency financial statements
Company, the actual short-term compensation occurred shall recognized as liabilities and reckoned into current
Repair charge 1,287,036.57
Notes receivable 2,200,000.00
лг() 2015
the Period
es
receivable
conversed to
3. land use rights holding
foreign monetary financial assets and amortized cost which are accounted for through profit or loss for the current
Item 2015 2014 Y-o-y changes
Nil
Capital borrowed
Shenzhen China Bicycle Company (Holding) Limited
the fair value of the investees identifiable net assets at the acquisition date, the difference shall be charged to
fee the Period
rectification and cause the Companys agencies, and being sentenced to a fine
In RMB
Company Amount written off Reason for write-off
In RMB
IV. Influence on cash and cash
2015-12-31
beginning of this 7,947. 52,070.
Business tax 28,175.45 25,782.60
potential error of total assets: (1) General Potential loss or potential error of total
operating activities
equity of the subsidiary, the excess is allocated against the minority interests.
If an asset or disposal group classified as held for sale no longer meets the recognition condition as non-current
companies and every regional manager, evaluation based on manager responsibility system, following up month
лг() 2015
Yang
In RMB
(2) Short-term compensation
Nil
Applicable Not applicable
20
12
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
advertisement promoted
based on financial support projects and fund management policies officially published and voluntarily disclosed
Other 300,371.66 3,748,259.18
income
insurance contract reserve
discounts future cash flows from the financial asset or financial liability over its expected life or (where
conversed to
Yes No
18 September 2014, leased the property of C section, 2/F, Tower D, Shengli Industrial Park, Southwest side,
derivatives and a separate instrument meet the definition of a derivative, the embedded derivatives are separated
t issued
In RMB
лг() 2015
treatment for the business combination in the companys and the consolidated financial statements shall be as
6. Other
9,195,296.32 20.05% 6,790,982.50 13.19% 6.86%
Enterprise
When the entity does not either assign or maintain substantially all the risk and return arising from the ownership
contingent liability is met. For restructuring obligations arising from disposal of part business, the Company will
Explanation on parent company of the enterprise
person 0 0
Xu Hongbo 3,137,419 3,137,419
28. Long-term unamortized expenses
equity interest after disposal accounted for using equity method, other comprehensive income and other owners
equity of parent company presented under owners equity in the balance sheet, to profit or loss in the period in
(Y/N)
Reasons for
Other explanation:
127
VII. Notes to Items in Consolidated Financial Statements
лг() 2015
closely track the cutting-edge innovative technology and exploration application like super-capacitor smart helmet,
Net cash flow arising from
Ltd.
70
Subtotal within one year 7,465,772.01 22,397.32 0.30%
Item
variation reckoned into current gains/losses, relevant transaction expenses shall reckoned into current gains/losses
the Company (if applicable)
Applicable Not applicable
Operation cost
No related transaction with daily operation concerned for the Company in reporting period
loss that had been recognized directly in equity.
asset has been transferred to the transferee, and the transferor has given up the control on such financial asset,
difference between the initial cost of the long-term equity investment and the aggregate of the carrying amount of
Transaction expenses of the issued equity securities or liability securities for the consideration are recorded into
Lending
Conventionally traded financial assets shall be recognized and derecognized at the trading date. Financial assets
1. RMB Ordinary shares 54.95% 0 54.95%
Subtotal of cash inflow arising from
Applicable Not applicable
Operating tax and extras 431,067.18 508,902.12
regarded as a bundle of transactions, the transactions shall be accounted as a single disposal transaction; however,
In RMB
VII. Analysis of main holding company and stock-jointly companies
Groups share of the net profits or losses and other comprehensive income made by the investee, respectively.
involving margin business (if N/A
transaction costs are included in the amount initially recognized.
-- --
5,880.00
miscarrying in financial statement from fraudulent or errors.
comprehensive income of the investee
(1) Long-term employee payable
conversed to
416,257.25 416,257.25
Total 0.00 0.00 0.00 0.00
l Co.,
activities
capital Other shares equity
Discount rate
subsequently to profit of loss
(including the reporting period)
1. Withdrawal of
Share-holding ratio or shares enjoyed different from voting right ratio:
2) Due to the accounting policy changes, retained profit at period-begin has 0.00 Yuan affected;
382,777.30 691,852.99
Total 7,787,813.83 10,278,377.96
instruments.
The cash flows of overseas operations are translated at the spot exchange rates on the dates of the cash flows. The
commodities and providing labor
Income tax expense comprises current income tax expense and deferred income tax expense.
Intangible assets 3,765,000.00 4,518,000.00
Li Bing Cybemaut Yingke Director 2016-02-26 2019-02-26 No
34. Other
shares
Ratio in operation Ratio in operation
Age
In RMB
date
n shares public n
bicycle industry.
Temporary differences arising from the difference between the carrying amount of an asset or liability and its tax
Held-to-maturity investments
Applicable Not applicable
The Company adopts one-off amortization method to amortize the low-value consumables.
Total non-current liabilities
Major bad debt provision reversal or collected in the Period
Ownership transfer of share changed
receivable
Under the cost method, a long-term equity investment is measured at its initial investment cost. The cost for
73
of post balance sheet events.
activities of such arrangement must be decided by unanimously agreement from parties who share control.
subsequent periods, to the extent that it is probable that future taxable profits will be available against which the
instrument
Li Hai Chairman 2015-04-15 Appointment of board of directors
time judgment basis
measured at the amount expected to be paid (or recovered) according to the requirements of tax laws. Taxable
лг() 2015
In RMB
Other explanation
In the consolidated financial statements, the previously-held equity interest of the acquiree is re-measured
32. Other important accounting policy and estimation
at fair value through profit and loss.
40. Dividends payable
Property tax 70% of the original value of the property
On derecognition of a financial asset, the difference between the following amounts is recognized in profit or loss
1. rental land use rights 0.00
al Inventory owners
The Company re-measures the fair value of liabilities on each balance sheet date and settlement date prior to
Through various efforts, in 2015, the company has achieved operating income of 170,990,000 yuan, net profits of
Amount of value-added tax and sales tax
al Inventory owners
Receivables with bad
income
reserve
included into the current profit or loss.
Borrowing
In RMB
Total year-end balance of top five advance payment by prepayment object amounting to 393,906.00 Yuan, takes
profit enjoyed in the Period)
Dividend announced to
issued by the Group, the agreed value of investment contract or agreement, the fair value or original carrying
that accrued for impairment of assets)
Age
149
3. Other explanation about responsibility performance of independent directors
209,155.59 0.46% 0.46%
liabilities, and intends either to settle on a net basis, or to realize the financial asset and settle the financial liability
Add: Changing income of fair
In RMB
departments endowed.
Total liabilities
(2) Account received in advance with over one year book age
лг() 2015
Including: Cash on hand 141,271.10 2,894.71
the investee is making profits in subsequent periods, the Group shall resume recognising its share of profits after
6. Cash Flow Statement of Parent Company
N/A
Related party Content Current amount Last amount
Shenzhe
Notes payable
been set out with a view to restoring its ability to continue as a going concern and its sustainable profitability
Compliant Risk Control, as well as director, secretary of the Board and convener of supervisory committee of
Less: Inventory shares
In RMB
69
1,400,000.00 1,389,620.27 10,379.73 1,400,000.00 1,389,620.27 10,379.73
Bank deposit available for
No trust financing for the Company in reporting period
Perpetual inventory system
Total 12,580,095.29 13,714,620.41
rules of Working Procedure of Annual Report of Audit Commission, and they submitted decision to board of directors for approval.
for estimated benefit.
Domestic 170,990,030.10 159,399,271.88 6.78% -19.37% -19.89% 0.60%
Nil
7,947. 37,748.
Other explanation:
The ratio of the operating income of units
лг() 2015
repayment shall be off set against the carrying amount of the deferred income, and any excess shall be recognized
79
expenses reserved by
loss and recorded as profit or loss for the period. After recognition of the impairment loss from financial assets, if
3. Distribution for
Less: Non-operating expense 3,841,393.90 29,038.00
Shenzhen Intermediate Peoples Court (2012) Shen Zhong Fa Po Zi No. 30-6 Civil Ruling Paper judged that approved the
which the Company only is entitled to net assets of this arrangement.
expenditure for allocation of employees and -70,732,704.23
impairment.
on affiliated company and joint venture
Book balance Bad debt provision Book balance Bad debt provision
2. increased in
Age Accrued ratio for account receivable Accrued ratio for other account receivable
I. Restricted shares 6,207 0.00% 0 6,207 0.00%
Over 5 years 100.00% 100.00%
held period
ratio
and Wechat shopping mall, expand the brand influence, drive the fast growth of network marketing, and improve
Including: --
1. Capital reserves
Financial guarantee contracts other than those designated as financial liabilities at fair value through profit or loss
(1) Confirmation conditions
income tax expenses 94,609.13
absorbing minority shareholders
Zheng
Shares
Other 54.02
Investment shareholder
Less: Interest income 695,798.95 200,059.09
enterprises in Shenzhen, Member of the five Shenzhen Institute of Certified Public Accountants in the
Applicable Not applicable
Board office
4. Other
Advance payment 397,833.20 0.87% 348,277.01 0.68% 0.19%
Add: Changing income of fair
Disposal of long-term equity investments
be estimated for impairment test. Goodwill, intangible assets with an indefinite useful life and intangible assets
4. Other
The Company paid property tax on behalf of administrator.
109
Explanation on other cash paid in relation to operation activities
Cash paid for purchasing fixed,
Company.
Whether the non-financial report
Shenzhen Fude Real Estate Investment
activities
Investment property is initially measured at cost. Subsequent expenditures related to an investment property shall
Time, amount and basis
Managing
Accounts paid in advance 397,833.20 348,277.01
Total assets (RMB) 45,869,094.97 51,489,647.55 -10.92% 151,511,429.85
The Company had on counter purchase in the reporting period.
According to the business scale, business nature, and customers settlement, etc., the account receivable with single significant
subsidiary without loss of control, the difference between disposal cost and disposal of long-term equity
39
value(Loss is listed with -)
Other current liabilities
comprehensive income, and subsequently transferred to profit or loss arising from loss of control for the current
Other cash received concerning
repayment shall be off set against the carrying amount of the deferred income, and any excess shall be recognized
Income Cost Income Cost
1. Number of Employees, Professional composition, Education background
1-2 years 11,400.00 2.87%
investment made to the acquiree at the acquisition date. other comprehensive income involved in the
Applicable Not applicable
difference between initial investment cost and the carrying value of disposed operation will be fully included in
last period
Person in charge of Accounting Institution: Zhong Xiaojin
лг() 2015
At the balance sheet date, deferred income tax assets and deferred income tax liabilities are measured at the tax
Increase of operating payable accounts
Emmelle 39,332,9 356,244. 39,689,2 34,271,9 34,271,9 44,487,1 161,628. 44,648,7 39,339,5 39,339,5
2. Distribution for
3,841,393.90 -33,935.65% disposed of asset No
2. Surplus reserves
Taxable temporary Deferred income tax Taxable temporary Deferred income tax
Explanation on short-term loans category
Share capita 551,347,947.00 551,347,947.00
(1) Conversion for foreign currency transaction
end of the report 72,144.
that have been taken out specifically for the acquisition, construction or production of qualifying assets, which are
In RMB
III. Particulars about shareholder and actual controller of the Company
its liabilities. The Company issues (including refinancing), repurchases, sells or cancels equity instruments as
4.Ending balance 416,629.06 638,645.93 675,329.87 1,730,604.86
XIII. Share-based payment
Item Amount written off
accordance with the accounting policies and accounting period of the company. For subsidiaries acquired from a
difference assets difference assets
(Hongkong) Co., Ltd. foreign shares
balance sheet. Except for the above circumstances, financial assets and financial liabilities shall be presented
Educational surtax 34,432.54 41,575.59
Add: Balance of cash and cash
report period
investment
occurrence of these assets meet the impairment loss of asset as set our in Accounting Standard for Business
Goods purchasing/labor service receiving
Equity settled share based payment for exchange of service provided by others is measured at fair value of the
Applicable Not applicable
2. Withdrawal of
expected to be compensated, and the cost of rendering services incurred shall be recognized as an expense for the
Li Jialin Superviso ntly in M 55 2014-06-27 2017-06-26 0 0 0 0 0
(1) Accounting for share-based payment
office
In RMB
Company (before related party of
income attributable to owners of parent
Yes No
Nil
In RMB
IV. Emphasis of Matter
Other explanation:
assets, (2) Major defect: more than 1% of equal to 1% of total assets, (2) Major
The Company recognises a deferred income tax asset for the carry forward of deductible losses and tax credits to
Other explanation
d under income change announce nt
market turmoil has intensified, which caused direct impact and influence on the economy of our country. China
Intangible assets 3,765,000.00 8.21% 4,518,000.00 8.77% -0.56%
Investme balance
Oil and gas asset
management or other related parties have fulfilled during the reporting period and have not yet fulfilled by
Period
Board of directors set up audit commission and remuneration and appraisal commission taking responsibility based on Governance
Other non-operating income and expenditure
Explanation on cash paid related with investment activities
(3) Projects that settle without completed from construction contract at period-end
Item before income in
лг() 2015
(2) Classification, recognition and measurement of financial assets
лг() 2015
Debts payable to related party
5. Discontinued operations
planning team of Life Insurance Branch in Guangdong. And subsequently served in strategy and development
domestic/oversea listed
Applicable Not applicable
criteria: it represents an independent key operation or key operating region; it is part of the proposed
(4) Top 5 receivables at ending balance by arrears party
Deferred income tax assets are not recognized for deductible temporary differences related to the initial
30.44 .44
Age
n in the Period investme of ed of the
In RMB
(1) Investment real estate measured at cost
obligations on financial assets or financial liabilities with others under potential negative conditions;
Other Current money 1,937,206.93 4,134,967.01
Last Period
The Group derecognizes a financial liability (or part of it) only when the underlying present obligation (or part of
(2) Financial assets available for sale measured by fair value at period-end
Nil
Agent fees incurred by the absorbing party or acquirer for the acquisition such as audit, legal service, and
there is sufficient support in terms of technology, financial resources and other resources in order to complete
57. Other comprehensive income
(V) Reasonable
Section VIII Particulars about Directors, Supervisors,Senior Executives and Employees ...... 35
Add: Non-operating income 4,210,594.98 14,532,283.73
(1) Account payable
Other explanation:
(i) Basic earnings per share -0.0003 0.0089
22
In RMB
reorganization plan of the Company. On 27 December 2013, the Civil Ruling Paper Shenzhen Intermediate Peoples Court (2012)
government and regulatory agencies, and regulations, rules and other normative
47
China Merchants
recoverable amount of an asset is the higher of its fair value less costs of disposal and the present value of the
8. Ms. Li Bing, born in 1975, bachelor of law major and lawyer; From Jul. of 1998 to Jan. of 2002 she taught in
-3,029,023.82 3,921,048.18 -177.25%
currency shall be included in profit or loss for the current period.
3.DecreasedAmount
thousand thousand thousand
shares
Nil
Total 0.00
II. accumulated
CBC
In RMB
Type Amount
Executives and Employees
E-mail dmc@szcbc.com dmc@szcbc.com
Margin 1,798,346.00 1,903,346.00
5,271,000.00 5,271,000.00
3. Consolidated Profit Statement
Non-current asset due within one
(1) Retrospective restatement
Name Title Type Date Reasons
controlled in past decades
1. Withdrawal of
369,201.08 27,177.40
Government grants are generally recognized when received and measured at the amount actually received, but are
of CBC 3,794,089 3,794,089
the year .
Other account payable Investment Development Co., 6,500,000.00 6,500,000.00
IX. Items and amounts of extraordinary profit (gains)/loss
Net increased amount of cash
Add: Changes
exchange rate
V. Investment
rules and other normative documents, statements; (3) Lack of important
correction of the
138
In RMB
(3) Assets and liability of the combined party on combination date
measure sustaining and non-persistent on third-order
Development Co., Ltd. via the Equity Transfer Agreement signed, and first majority
We have audited the Companying consolidated and parent Companys financial statements of Shenzhen China
depreciation
comprehensive
74. Supplementary information to statement of cash flow
such net investment is disposed of, and is recognized as profit or loss for the current period upon such disposal) ;
Other accounts payable 20,010,360.36 21,114,424.93
first-order
5. Other reasons for consolidation range changed
Un-confirmed losses not
1,222,82 244,564. 978,257.2
57
100,041,540.65 223,967,528.32
The Company adopts one-off amortization method to amortize the wrappage at the time of receipt.
Amount Amount y-o-y
losses
adjustments thereto. In the event of inconformity between the accounting policies and accounting periods of the
(2) Preparation of consolidated financial statements
1. Mai tax category and tax rate
the same condition to classify financial assets as financial assets held for trading and financial assets designated as
Purchasing determine the
2. productive biological
4. Others 0 0.00% 0 0 0.00%
In the event of loss of control over investee due to partial disposal of equity investment by the Group, in preparing
-3,029,023.82 3,921,048.18
Director ntly in M 59 2013-09-26 2016-09-25 0 0 0 0 0
Projected liabilities
entities and associates. If there is any evidence indicating that an asset may be impaired, recoverable amount shall
receivables
лг() 2015
Financial liability measured by fair
be included in cost of investment property only when the economic benefits associated with the asset will likely
(1) Wages payable
recognized shall not be more than the carrying amount of accrued liabilities.
(V) Reasonable
3. Gains or losses arising
Major assets Note of major changes
paid or received between the parties to the financial assets or financial liabilities contracts.
Applicable Not applicable
4. Other
Item Current amount Last amount non-recurring gains/losses in
Guosheng
1.60 32 8
Disclosure date of full internal control
Urban maintenance and construction tax 54,951.97 64,952.41
If service-acceptance entity is not obliged to settle or grant its own equity instruments to its employees, the
trade arbitration commission, mediation expert of mediation center and arbitrator of Shenzhen arbitration
increased in the Amortized in the
financial statements
In RMB
investment cost of additional long-term equity investment shall be the fair value of disposed operation. The
(1) investment in debt
Transportation Electronic and other
II. Financial statement
capita reserve
shareholders)
Subtotal of cash inflow from financing
. Balance of cash and cash equivalent at
dismissal due to the cancellation of labour relationship plans and employee redundant proposals; and the
Item Amount written off
Note receivable 2,200,000.00 4.27% -4.27%
(2) Top 5 advance payment at ending balance by prepayment object
0.5 million), (3) Material defect:: more than defect:: more than 5% of pre-tax total
office term office term shareholders unit
In RMB
remuneration of directors, with decision procedure and confirmation basis. Total payment for remuneration of directors,
Total 0.00 --
Item Opening balance Other decrease Ending balance
Ending
50
rewards of asset ownership to the lessee and titles to the assets may or may not eventually be transferred. For
amount, as well as the accumulated movement in fair value previously included in the other comprehensive
person
red Other shares income risk
period
6. Preparation method for consolidated financial statement
by holders of other
Li Huili, the spouse of actual controller Ji Hanfei, holding B-share of the Company on
subsequently measured based on cost. Other financial liabilities are subsequently measured based on amortized
settlement entity or service-acceptance entity in the Company or not, it is accounted for in our consolidated
distribution
statement
shareholders in 49,038 52,931 recovered at end of 0 0
not closely related to that of the host contract and the conditions of which are the same as that of the embedded
Applicable Not applicable
(1) Trusteeship
In preparing the consolidated financial statements, where the accounting policies or the accounting periods are
Yes No
Item Ending book value
successively served as Deputy Manager of financial department, manager of comprehensive management
distributing or interest paying
Superviso
Nil
I. Main businesses of the company in the reporting period
(VI) financial liabilities
Staff
Sales of bicycles and
Guarantee completed
159,399,271.88 198,964,665.65 -19.89% Sales decline
minority to minority in the Period minority
contract over the recognized impairment loss (if any) of the subject matter of the contract is recognized as
capital)
Section I. Important Notice, Contents and Paraphrase
assets
shareholders of Company in latest year and period
the cash flows of the financial asset has terminated; the financial asset, along with substantially all the risk and
30. Other non-current assets
1. Important non-adjustment items
Adjustment for retained profit at period-begin:
insurance
(i) Total -138,35 32,426. -105,92
Item Ending balance Opening balance
Name x office term term in this in this
VI. Main accounting data and financial indexes
Other Minorit
I. Balance at the 551,347, 627,834,2 32,673,22 -1,203,6 8,197,291
restructuring are recognized as contingent liabilities, provided that the aforesaid recognition criterion for
VI. Net after-tax of other comprehensive
defect: more than 1% of operating income defect: more than 1% of operating
Total liabilities and owners equity 18,378,436.59 21,064,531.75
authentic, accurate and complete.
Subsidiaries are consolidated from the date on which the company obtains their net assets and actual control over
Renminbi is the operation location and main economy environments currency for the Company and subsidiaries
Ending balance Opening balance
6. Other
VII. Works from Supervisory Committee
In Share
Balance of impairment
0.00
of accounting
period-begi recovery interest
Under circumstances of adjustment in reporting period for statistic scope of main business data, adjusted main business based on
5% of pre-tax total profit and absolute profit and absolute amount more than
XII. Significant lawsuits and arbitrations of the Company
include the asset in a group of financial assets with similar credit risk characteristics and collectively assess them
of the consolidated balance sheet would not be restated. For subsidiaries acquired from a business combination
Yes No
investee and the Company, the financial statements of the investee shall be adjusted in conformity with the
Net increase of amount from
income
лг() 2015
occupying thousand Yuan)
Particulars about shares held above 5% by shareholders or top ten shareholders
1. In the report period, reception of research, communication and interview
Applicable Not applicable
at period-end
and future periods with term more than one year. And shall be amortized by straight-line method during the period
stock
will not be reclassified subsequently to
operations is reclassified to profit or loss.
currency borrowings. For borrowing costs that are directly attributable to the acquisition, construction or
company
Total 0.00 --
(1) Disposal or scrap
equity instrument Reason y
advances
plan liability or asset
reserve
1.Ending book
IV. Net profit (Net loss is listed with
The period The same period of last Increase/decrease y-o-y Reason
measured at fair value. If fair value is not reliably determinable, the item shall be measured at a nominal amount
from related credit
office
Development
converted to real estate held to earn rentals or for capital appreciation, such fixed assets or intangible assets shall
(i) Total -214,01 -214,018.
RMB 348.24.
лг() 2015
value of the acquirers share in the identifiable net assets, the difference is recognized as good will; if the cost of
Zhengwa Director ntly in M 42 2013-09-26 2016-09-25 0 0 0 0 0
Book balance Bad debt provision Book Book balance Bad debt provision Book value
Other cash received concerning
payable
(4) Presentation of income tax
investment as available-for-sale
3. Amount
though it does not assign maintain substantially all the risk and return arising from the ownership of the financial
In line with relevant contract or agreement, recognized income on accrual basis
works and Zhong Xiaojin, person in charge of accounting organ (accounting
Nil
In RMB
or not Yuan)
measured at the lower of its carrying value less disposal cost and fair value less disposal cost. Non-current asset
In RMB
combined under different control.
besides material defect and major defect.
the year ended.
Applicable Not applicable
1. Trusteeship, contract and leasing
Item Depreciation Depreciation
Curre
Period
In RMB
(1) Constitute of operation revenue
in other comprehensive income or owners equity, which are recognized directly in owners equity, and deferred
chairman and legal representative of the Company form August 2010 to April 2015. He resigned Director and
Basis of Standard to combined the combined
1,526,329.12 6,030,079.98 6,408,167.91 1,148,241.19
management headquarter as well as general manager of market and business department, he acted as member of
respective proportion to the total issuance price.
0
and losses(RMB)
In these consolidated financial statements, for disposal of a portion of the long-term equity investments in a
лг() 2015
Nil
asset( (increase is listed with -)
(3) the
Including: preferred stock
Productive biological asset
лг() 2015
In RMB
current fair value and the impairment loss originally included in the profit or loss.
Applicable Not applicable
Government grants are generally recognized when received and measured at the amount actually received, but are
Fixed assets No major change
(2) Pledge at period-end
equipment
subsidiary
current gains/losses
treatment for change of equity. The Company does not recognize change of fair value of equity instrument.
accounting for the operating income on the 100.00%
58 58
value and with variation reckoned into
director office
fittings
Item Current amount Last amount
Legal representative Li Hai
IC
Note
лг() 2015
Applicable Not applicable
Total 308,237.93 48,575.61
382,777.30 691,852.99 -44.67%
-- --
Increase during the
Item Ending balance Opening balance
the same control
measured at fair value. If fair value is not reliably determinable, the item shall be measured at a nominal amount
House property tax 45,070.60 53,122.79
comprehensive income arising from the decrease in fair value was transferred out from the capital reserve and
arising from movement of exchange rate shall be recognized in other comprehensive income as foreign statement
brokerage Co., Ltd. foreign shares
1. Share of the other
equivalents
become an investment property since the date of its conversion. Investment property is measured at cost during its
Management phase expenses as listing
Loan from central bank
In case that the Company amends share based payment plan which leads to increase of fair value of the granted
and losses
Applicable Not applicable
I. Joint venture
correction of the
Ltd.
cost using the effective interest rate method. The gain or loss arising from discontinuing recognition or
73. Items of cash flow statement
76
operation activity
Profession and title in latest five years Legal person of Shenzhen Guocheng Energy Investment Development Co., Ltd.
Total 2,024,718.30 2,595,736.07
Yes No
revenue
foreign operation due to disposal of certain equity investment or other reasons, the Company transfers the
Found more in 1 of Note IX
In RMB
16. Long-term account receivable
Remuneration for domestic accounting firm (in 10
Net cash flow arising from
Retained profit -1,203,872,144.83 -1,203,658,126.71
In RMB
Total 0.00 0.00 0.00 0.00 0.00 0.00
лг() 2015
102
On disposal of a long-term equity investment otherwise, the difference between the carrying amount of the
by holders of other
end of the last year ,910.12 227.01 .78 73.18
shareholders
Share Capital Invento compre Surplus n of Retaine y owners
Subtotal of cash inflow arising from
Other explanation, including interest rate section:
the Company, board of the directors and supervisory committee are
Operating
Other explanation:
objective evidence of a recent pattern of short-term profit-taking; or C. the financial assets is a derivative,
Other current liabilities
In RMB
лг() 2015
contract-out Assets type Starting date Maturity date
statements
Item Ending balance Opening balance
36
loss. The amount of impairment loss shall first reduce the carrying amount of any goodwill allocated to the asset
14,622,462.77 72,934,048.27
period 00 17
available-for-sale financial assets
In RMB
Applicable Not applicable
Company and Manager of Purchasing Department of the Shenzhen Emmelle Industry Co., Ltd.
Current amount
10
In RMB
Co., Ltd.Shenzhen National Investment Development Co., Ltd. entered into equity
recognize the revenue from the rendering of services based on the cost of rendering services already incurred and
Finance asset available for sales
Amount with impairment
-)
due to rights issue (if applicable) (see
According to products
tax after tax
(6) Excess losses from joint venture or cooperative enterprise
Other comprehensive income
executive vice president of Shenzhen Patent Commission, vice president of Shenzhen promotion commission of
statement for bonus consolidation
1. Potential loss or potential error of total profit: (1) General defect: less than or
thousand Yuan)
realized 0 Yuan at last period for combined party
For the repayment of a government grant already recognized, if there is any related deferred income, the
listed with -)
(4) Fixed assets leased through operating lease
Equity of other
transactions in a basket. If they belong to transactions in a basket, these transactions will be accounted for a
Basis for controlling the invested entity with half or below voting rights held and without controlling invested entity but with over
(III) Profit
When the outcome of a transaction involving the rendering of services cannot be reliably estimated, it shall
(1) Enterprise combined under the same control in the Period
invested by
Luo Guiyou Office leaving 2015-04-13 Personal reasons to resign
I. Sustaining measured by
Subtotal of within one year 12,580,095.29 548.29
15. Held-to-maturity investment
principal) hereby confirm that the Financial Report of 2015 Annual Report is
4. Other related party
acquisition or at a subsequent balance sheet date, it designates the entire hybrid instrument as a financial asset or
owners equity
entity inning inning invested
the net assets in the same year for implementing the major reorganization should be no less than 200 million Yuan. The Company
лг() 2015
it is technically feasible that the intangible asset can be used or sold upon completion;
No main related transactions of mutual investment outside for the Company in reporting period
лг() 2015
previously-held equity interest of the acquiree prior to the acquisition date shall be treated on the same basis as if
(2) Combination cost
(6) Assets transfer and debt restructuring of related party
Capitaliza
Other situation of main clients
2-3 years 12,000.00 36.00 0.30%
лг() 2015
Nil
Account paid in advance 82,848.00 140,275.00
лг() 2015
End of 2015 End of 2014 Ratio
Taxpaying body Income tax rate
Including: --
Total comprehensive income
Total -- 12,580,095.29 -- 100.00% 548.29
X. Reception of research, communication and interview
Last period
Less: written in
goods and rendering of services can be differentiated and separately measured, they will be recognized
Municipal Intermediate People's Court made (2012) Shenzhen Intermediate Court Po Zi No. 30-1 written decision,
Cash received from selling 38,250.00
2. Major guarantees
the net assets in the same year for implementing the major reorganization should be no less than 200 million Yuan. The Company
by month and rolling evaluation
0 0.00% 0 0 0.00%
11
126
Chen Shujun M 48 4 No
Nil
the original book value qualify with condition of hold ready for sold, calculated based on the lower one. If
2. Changes of total shares and shareholders structure as well as explanation on changes of assets and
2. Profit distribution
VII. Earnings per share:
Special accounts payable
securities
The Groups share of net losses of the investee shall be recognized to the extent that the carrying amount of the
accrued for single item
Index of audit report of internal Rui Hua Zhuan Shen Zi [2016] No. 48030016 Auditing Report of Internal Control for year of
Non-current liabilities due within 1
I. Balance at the 627,819 32,673, 695,437 7,698,7
shareholders
Applicable Not applicable
asset and entered into irrevocable transfer agreement with the transferee, and this transfer will be completed
Total 0.00 0.00 0.00 0.00
Subtotal of cash inflow from investing
In RMB
operation activities:
balance
(5) Receivable derecognition due to transfer of financial assets
agreement dealing in reporting period
assets and financial liabilities at fair value through profit or loss, relevant transaction costs are directly recognized
In RMB
financing activities
(I) Other comprehensive income
In RMB
Bonds payable
Minority shareholders gains and
1. Consolidated Balance Sheet
Written-off for the major receivable
Company doesnt have the recombination party at the moment.
Add: Assets impairment provision 308,237.93 48,575.61
individual transaction; (ii) The transactions need to be considered as a whole in order to achieve a deal in
лг() 2015
Minority interests 1,625,185.21 1,592,758.40
cost and parts. Due to the low entry threshold and numerous manufacturers, the market competition is extremely
Nil
VII. Major accounting errors within reporting period that needs retrospective restatement
activities:
scope
Chen
(6) Account receivable with government subsidy involved
The fierce market competition creates structural development opportunity for the industry. At the end of 2013, the
3,765,000.00 3,765,000.00
Total 16,159,853.85 --
Disclosure date of audit report of
developing the second-tier customers, actively promote the extension of its distribution network terminal building,
Zhu Xiaowei 0.73% 4,012,600 4012600 0 4,012,600
Shenzhen
senior management during the reporting period
4. Subsidiary disposal
selected discount rate. Provisions for assets impairment shall be made and recognized for the individual asset. If it
Ultimate controller of the Company is Ji Hanfei
71
In RMB
accuracy and completion of the whole contents.
whichever is earlier. However, if the compensation for termination of employment is not expected to be fully paid
(VI)Others
85
лг() 2015
Movement of other owners equity (excluding net profit or loss, other comprehensive income and profit
operating activities
g
Applicable Not applicable
is determined to be RMB 5 million. The other account receivable with single big amount has no depreciation reserve, and the reserve
year (Decrease is 8.12 10
No changes in consolidation statements scope for the Company in the reporting.
Item Ending balance Opening balance
Amount Ratio Amount value Amount Ratio Amount
Other explanation:
Applicable Not applicable
Category Ending balance Opening balance
Title ng Age period-be changes period-en
12. Mr. Sun Longlong, born in 1973, graduated from Shanghai University of Finance and Economics in 1995 with
VIII. Quarterly main financial index
in profit or loss for the current period; if there is no related deferred income, the repayment shall be recognized
statement for year of 2015, cash flow statement and statement on changes of shareholders equity for the year
investments relative to the net assets of the subsidiary is charged to the owners equity. If disposal of a portion of
(2) For the important contingency not necessary to disclosed by the Company, explained reasons
34
supervisors, senior management or other related parties have fulfilled during the reporting period and have not yet fulfilled by the end
Accounts received in advance
5. Related transaction
In combination, other accounts receivable whose bad debts provision was accrued by age analysis
increase of fair value of equity instrument. Increase of fair value of equity instrument refers to the difference of
25. Intangible assets
72
beyond working conditions will be tested for impairment annually, regardless of whether there is any indication of
investing activities
(1) Classification of inventory
Taxes paid 4,102,934.63 96,588,723.27
Applicable Not applicable
XVIII. Explanation on other significant events
leased asset and the present value of minimum lease payment at the beginning date of the lease. Minimum lease
The Company has no plan of cash bonus, dividends and capitalizing of reserves
Total non-current liabilities
Control is the right to govern an investee so as to obtain variable return through participating in the investees
insufficient to offset, the retained earnings shall be adjusted. Other comprehensive income recognized as a result
58. Special reserves
excluding the derivatives designated as effective hedging instruments, the derivatives classified as financial
Professional composition
accounted for in accordance with the relevant accounting policies as described in Note 6. (2) Preparation Method
for exercising right, on each balance sheet date during the vest period, the Company makes the best estimate on
commission.
and staff
date assuming there is no provision for impairment.
Nil
(4) Other explanation
reserve
period 71
In RMB
last period
insurance contract fee
procedures transaction (Y/N)
domestic commerce,
Long-term wages payable
Text of auditors Report
Shenzhen Guosheng Energy
In addition to financial assets at fair value through profit or loss for the current period, the Group reviews the book
Applicable Not applicable
financial instruments. The difference between its fair value and carrying amount as at the date of losing control
increased Fixed Other Proporti Accumul including Interest
12. Non-current assets due within one year
Note of N/A
1. Changes in Share Capital
Written-off for the major other receivable:
Impact on financial status and Reasons on un-able to estimated
relevant part of the movement arising from re-measuring net liabilities or net assets under defined benefit scheme
VI. Duty performance of the special committees under the board during the reporting period
negative impact on the selling of electric bicycles. Meanwhile, the electric bicycle industry as a conventional
(2) Subsequent measurement and method for profit or loss recognition
лг() 2015
лг() 2015
Capital lent
Perpetual capital
Salary 3,046,778.67 2,403,392.34
In RMB
Kong Co., Ltd.
Quarterly Report deliberation in person.
Total Amount Amount Number of share pledged/frozen
(5) Top 5 other receivables at ending balance by arrears party
7. Mr. Chen Shujun, born in1968, master of the Chinese University of Hong Kong, majoring in business
under the consolidated financial statements of the ultimate controlling party on the date of combination. The
place Directly Indirectly
лг() 2015
5. Equity in structuring entity that excluding in the consolidated financial statement
Is there any difference between the actual condition of corporate governance and relevant regulations about corporate governance for
Construction in progress No major change
Less: Income tax expense 94,609.13 2,145,860.08
Opening balance Increase during the year Decreased Ending balance
Other explanation
combining entities are not ultimately controlled by the same party or parties both before and after the combination.
Income from goods sales are realized when the following conditions are met: the major risks and remuneration
Light Textile Industry Company and Shenzhen Light Industry Company; since Oct. 1985, worked in Shenzhen
Item Ending balance Opening balance
VIII. Compare with last years financial report; explain changes in consolidation statements
The perpetual bonds and senior shares issued by the Company are treated as equity instruments subject to
1. Changes as a result of
previously held by the acquire and the additional investment cost. For previously held equity accounted for using
Applicable Not applicable
Profits during report period Weighted average ROE Diluted EPS
Overdue time Overdue Impairment (Y/N) and
loss for the current period on the same basis as recognition of rental income over the entire lease period; the initial
and 23.28% equity of the Company was held by Shenzhen Lionda Holding Co., Ltd.
rates are initially recognized at fair value, and shall be subsequently measured at the higher of the following: the
(3) Leasing
12,580,0 12,579,54 13,714, 13,714,033.
The ratio of the total assets of units
follows:
Item Land use right Patent Trademark Total
III. Total Profit (Loss is listed with
applicable)
Yao Shenzhen Guocheng Energy Investment
лг() 2015
Item Book value Reasons
income
4. Other
down.
rights attaching to the granted equity instruments which are cancelled, and the remaining amount which should be
4.Ending
income
Research and development costs
Exchange income (Loss is listed
лг() 2015
II. Securities issuance and listing
A business combination not involving entities under common control is a business combination in which all of the
Legal Representative: Li Hai Person in charge of Accounting Works: Sun Longlong
Nil
is at the structural adjustment stage, coupled with a difficult situation of continuously rising labor cost,
Project materials
2. Future development opportunity and new yearly business plan of the Company:
Applicable Not applicable
financial fund management measures officially released without material
disclosure of government information, where such policies should be open to any company satisfying conditions
Income tax
лг() 2015
Total 0.00 -- -- --
Work injury
Net amount of withdrawal of
es
capital Prefer reserve ry hensive reserve general d profit interests equity
continue to do better in various aspects of operation such as market development, product development, quality
under the consolidated financial statements of the ultimate controlling party on the date of combination. With the
total profit and less than or equal to 3% of defect: more than 1% of total profit and
Other non-current liabilities
4. Financial assets investment
in other comprehensive
Se Start dated of End date of office increased decreased
subject special this period last period related/Incom
Offices add. for CPA 4/F, Tower 2, No.16 XiSihuanZhongLu, Haidian District, Beijing, P.R.C
Total -- -- -- -- -- 0.00 0.00 --
(8) Offsetting financial assets and financial liabilities
excess of 1 financial year. Fixed assets are recognized while relevant economic interests flow into the Company and the cost is can be
Item Ending balance Opening balance
Director,
reserves
devoted and
551,34 -1,204,8
Other information necessary to disclose for the Company or need to disclosed under requirement from security regulators
лг() 2015
measured based on the continuous measurement since the acquisition date (or combination date) of subsidiaries
significant amount of export-oriented manufacturing enterprises has shifted. The bicycle and electric bicycle
Ending balance
transfer agreement with Mr. Ji Hanfei, 100% equity of Guosheng Energy was transfer
personnel, assets, organization and finance
th
party in the reforming plan, and expects to restore the abilities of sustainable operation and sustained profitability by reorganization.
current profit or loss for the current period when the overseas operation is disposed of.
the company has paid the 2013 corporate income tax and the 2014 operating expenses reserved by reorganization
previously held equity investment and additional investment cost determined according to Accounting Standard
Section X. Financial Report
No related transactions by assets acquisition and sold for the Company in reporting period
fixed assets or intangible assets since the date of its conversion. In the event that an owner-occupied property is
Enterprises Accounting Standards and Enterprises Accounting System, and they fairly present the financial status
and losses in
N/A
Book balance Book value Book balance Book value
Basic EPS (RMB/Share)
2. Usage in the
The post-employment benefit including the defined contribution plans. And defined contribution plans including
uncertainty in the ability of China Bicycle Company to continue as a going concern, and it is stressed that the
Executives, and submit for deliberation on general meeting.
лг() 2015
financial statements; (5) violation of the the financial statements; (5) violation of
(1) Category
served as the legislative consultants of standing committee of Guangdong Province 12th session of the National
If a non-current asset can be promptly sold at its existing status only according to the practice terms in connection
Derivative financial liability
combination combination
control)
Financial assets may be classified as financial assets held for trading if one of the following conditions is met: A.
Disclosure index of full internal control Self-evaluation report of internal control for year of 2015 of China Bicycle Company
Our responsibility is to express an audit opinion on these financial statements based on our audit. We performed
In RMB
expense
In RMB
Interest expenditure
Total -- 0.00 -- -- --
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and
by the original subsidiary.. Subsequent measurement of the remaining equity interests shall be in accordance with
Total -- 0.00 -- -- --
Basis on determining to be a agent or consignor:
Wage payable 290,130.11 568,210.39
Section I Important Notice, Contents and Paraphrase ................................................................. 2
be measured reliably, while fair value of the equity instrument can be measured reliably, the payment shall be
assets, testing in the assets portfolio with similar risk. If
1. The attending of independent directors to Board meetings and general meeting
period: the sum of the consideration received and the carrying amount of the part that qualifies for derecognition
(Hongkong) Co.,
2. Revenue and cost
Cash paid for dividend and profit
Co., Ltd. through court auction, and became the first majority shareholder of the
preparation
In RMB
30.00% 32,426.81 1,625,185.21
Non-monetary items denominated in foreign currency that are measured in terms of historical cost are translated
2 Supplier 2 36,476,205.13 22.88%
Applicable Not applicable
Ending balance Opening balance
Long-term equity investments 10,379.73 10,379.73
office
value(Loss is listed with -)
the available-for-sale equity instrument. In particular, severe decline refers to fair value is lower than 50% of
In RMB
and the fair value of long-term equity investment itself. The costs, taxes and other necessary expenses that are
and cash equivalent
Chen Shujun Funde P&C Co., Ltd. 2015-06-04 2018-06-04 Yes
2. The major equity investment obtained in the reporting period
In RMB
The Company had no sales of major assets in the reporting period.
Fair value on purchasing date Book value on purchasing date
Influence on the basic EPS and diluted EPS as well as other financial indexes of net assets per share attributable to common
Registrations add. No. 3008, Buxin Rd., Shenzhen
Applicable Not applicable
Hanfei
Applicable Not applicable
debt provision 694,416
ent ntly in M 48 2013-09-26 2016-09-25 0 0 0 0 0
Custodian (common interest debt) 12,536,900.00
Value-added tax 1,074,435.25 1,256,783.68
earth industry and battery industry in 2011 has constrained, to some extent, the manufacturing of electric bicycle
equity investment in the service-acceptance entity based on the fair value of the equity instruments as at the grant
business
2-3 years 117,506.98 352.52 0.30%
Item Depreciation Depreciation
Other explanation:
Other cash paid concerning
Amount Amount
Other financial liabilities which have no quoted price in an active market, or are linked to equity instrument
Amount shares Others Subtotal Amount
current period
The Company has solved the debt problem by reforming, realized the net assets with positive value, the main
Decrease of operating receivable accounts
1. consumption biological
Whether top ten common stock shareholders or top ten common stock shareholders with un-restrict shares held have a buy-back
contingent liabilities incurred, as well as the combination costs. after that, if the combination costs are still lower
(ii) Owners
Within one year
The Company had no difference of the net profit or net assets disclosed in financial report, under either foreign accounting rules or
on a net basis.
Total 100.00% 12.75% 100.00% 16.18%
devoted and
doesnt have the recombination party at the moment.
II. Cash flows arising from investing
payment shall be the entry value of long-term accounts payable, with difference recognized as unrecognized
conditions for introducing the recombination party in the reforming plan, and expects to restore the abilities of
XV. Implementation of the companys stock incentive plan, employee stock ownership plan or
Less: Income tax expense 18,947.82 1,120,070.17
management and control, and carry out staff supplement and training as planned.
changes in the value of such financial assets.
In RMB
asset for its intended sale. The present value of the future cash flows expected to be derived from the asset over
receivable combination with similar risk.
6,964.73 6,964.73
. Cash 26,752,065.66 30,163,866.78
(IV) Carrying
In the event that decline in fair value of the available-for-sale equity instrument is regarded as severe decline or
лг() 2015
I. Corporate governance of the Company
лг() 2015
XX. Social responsibility
34 years 100.00% 100.00%
170,990,030.10 212,070,585.77 -19.37% Sales decline
ntly in M 43 2013-09-26 2016-09-25 0 0 0 0 0
Item Closing balance Opening balance
management and sales of e-commerce so as to maintain and improve the Companys ability to continue as a going
10. Mr. Zheng Zhonghuan, born in 1962, engineer with bachelor degree, successively took the post in Shenzhen
has been facing multiple difficulties and severe challenges, deep-seated problems have been prominent, pressures
revenue
64. Administration expense
The financial statement has been deliberated and approved on the Board dated 22 April 2016.
Applicable Not applicable
confirmed with competent authorities in written form or reasonably deduced from related requirements under
of self-owned fixed assets. When it can be reasonably determined that the ownership of a leased asset will be
Section IX. Corporate Governance
Nil
Losses of devaluation of asset 308,237.93 48,575.61
Monetary funds 1,199,934.09 1,363,097.01
Re-appointed accounting firms in this period
capital)
Share capital 551,347,947.00 551,347,947.00
Intangible assets with indefinite life are not amortized.
лг() 2015
,910.12 227.01 .78 73.18
Other cash paid concerning
affiliated components (products management by license excluded).
In RMB
in recent years because of the antidumping litigation. Hence, the Company commences on the debt
capitalization rate shall be the weighted average of the interest rates applicable to the general-purpose borrowings.
through profit or loss for the current period. However, equity investment that is not quoted in an active market and
Shenzhen
Total 12,580,095.29 548.29
Ltd.
Other explanation:
Error
reports
1. Withdrawal in
Applicable Not applicable
(6) Whether the changes in the scope of consolidation in Reporting Period
items which will be reclassified
temporary difference of the acquiree can be expected, the relevant deferred tax assets shall be recognized and
For a business combination not involving enterprises under common control and achieved in stages, the company
other financial instruments issued by the Company shall be classified as financial liabilities.
23. Productive biological assets
Standards for Enterprise. Except for some financial instruments, the financial statement is calculated based on
In RMB
attended in person attended in person
Net cash received from disposal of
well-explained for relevant events, investors are advice to pay attention on
repurchase
its ability to continue as a going concern and its sustainable profitability through asset restructuring. Up to the
disclosed main operation place, book-keeping currency and basis for selection; if the book-keeping
takes no further payment obligation. The relevant expenditure is included in current profit or loss or cost of
Significant influence is the power of the Company to participate in the financial and operating policy decisions of
profit or loss for the current period. In the event that the Group sold an asset classified as operation to its
Securities to the Public --- Extraordinary Profit/loss, explain reasons
(1) Securities investment
Equity assets No major change
лг() 2015
Specific account of property 4,655,913 4,655,913
Nil
Inventory 4,057,247.68 8.85% 6,171,307.53 11.99% -3.14%
139
l
financial fund management measures officially released without material uncertainties; (2) the grants be given
Enterprises; (2) Designing, executed and maintaining necessary internal control in order to prevent fundamental
All types of distributions (excluding share dividends) made by the Group to holders of equity instruments are
capitalized on such borrowings by applying a capitalization rate to the weighted average of the excess amounts of
report period
(4) Cash paid related with investment activities
instrument contract. Financial assets and financial liabilities are initially recognized at fair value. For financial
available-for-sale financial assets
recognized as investment income for the current period; other comprehensive income involved in the
Company l Capital Impairme
Other financial liabilities
Zhu Xiaowei 4,012,600 4,012,600
commodities and receiving labor 824,576.60
changes accounted in the
Particular about main subsidiaries and stock-jointly companies net profit over 10%
promote the reorganization work with all efforts.
accounting policy
In RMB
Emmelle flagship stores at various e-commerce platforms, improve the company's official shopping mall website
Income operation Income operation
Total current liabilities 32,478,863.65 37,993,541.48
125
portfolio
Other cash paid concerning
XVI. Major related transaction
Company has no idea of whether other circulated shareholders belong to concerted action
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
3. Derivative financial assets
by the Group if the recognition principles for provisions are satisfied.
accounting firm
of the following conditions is satisfied: A. Such designation eliminates or significantly reduces a measurement or
лг() 2015
(6) Cash paid related with financing activities
Goods sold/labor service providing
лг() 2015
loan
disposition for non-State-owned 1.53% 8,450,002 0 0 8,450,002
Signing Accountants Li Zehao, Ren Weixing
included in the consolidated income statement and consolidated cash flow statement, and the comparative figures
Total 845,449.44 961,528.71
Operation income
The Company holds 70 percent equity of the Shenzhen Emmelle Industry Co., Ltd., the balance of minority equity at year-end
measured at the amount likely to be received when there is conclusive evidence at the end of the accounting
In RMB
Total 0.00 0.00 -- -- 0.00 --
presented on a net basis.
Guarantee completed
Basis for financial liability classification for other financial instrument
Item Book value Reasons for un-completed
recombination party includes: the assessed value of net assets should be no less than 2 billion Yuan, the net assets
The Company gains profits in reporting period and the retained profit of common stock shareholders provided by parent company is
distributing or interest paying
1. transaction financial
Total of operation 170,990,030.10 100% 212,070,585.77 100% -19.37%
(2) Relevant accounting for amending or terminating share based payment plan
4. Other
лг() 2015
лг() 2015
office
Reception (times) 8
Interest payable
Total purchase amount from top five suppliers (RMB) 144,625,287.99
with -)
In RMB
capital (share
Applicable Not applicable
liabilities incurred or borne and equity securities issued. For business combination resulted in an enterprise not
In RMB
627,834,2 32,673,22 8,197,291
Shenzhen, Shenzhen China Bicycle Company (Holdings) Limited (hereinafter referred to as the
To solve the above problems, the Company will on one hand strive to expand the main business while ensuring its
the same enterprise, the share based payment transaction shall be recognized and measured in the respective
subsidiary which does not lead to loss of control (detailed in Note IV 13 (2) (iv)) and disposal of a portion of an
32,426.81 897,320.62
sold in the same region, with same or similar ultimate usage or purpose and for which it is difficult to be measured
II. Unrestricted shares 100.00% 0 100.00%
Opening Ending Sourceof
9. Other
monetary items other than changes in amortized cost, which is recognized in other comprehensive income.
1. Commitments that the company, shareholders, actual controller, offeror, directors, supervisors, senior
46
write-off
3.DecreasedAmount
bank
owners (or
6,515,605.90 5,340,463.40 22.00% Increase in promotional
Financial liability measured by fair value and with its variation reckoned into current gains/losses
(increase is listed with -)
participation
3. Main related transactions of mutual investment outside
Undergraduate 9
32
In RMB
income, (3) Material defect:: more than 3% operation income, (3) Material defect::
In RMB
Other explanation:
effective interest method, and less the occurred impairment loss. The closing cost of available-for-sale equity
entity investmen reduction income announce nt accrual
the Year
Chairman in
(2) Adjustment on accounting profit and income tax expenses
which the disposal took place.
difference between the disposal consideration for each transaction and the carrying amount of the corresponding
Debt restructuring
Share-holding ratio/ share enjoyed
XIV. Integrity of the company and its controlling shareholders and actual controllers
Curre
into the functional currency at the balance sheet date using the spot rate at the date of the transactions.
parent company
In RMB
subsequently to profit or loss
For business combinations not under common control, the combination cost is the assets paid, liabilities incurred
ruled to accept the application proposed by Guosheng Energy according to (2012) Shenzhen Intermediate Court Po Zi No. 30 civil
determined based on equity instrument for the purpose of acquiring services from employees or other parties.
30,163,866.78 26,834,171.59
between the part that continues to be recognized and the part that qualifies for derecognition, based on the fair
total profit
Insurance gained
Foreign currency transactions are, on initial recognition, translated to the functional currency using the exchange
Content of defined benefit plans and relevant risks, impact on future cash flow of the Company as well as times and uncertainty:
Acquiree for equity equity equity way Equity purchasing purchasing
contract, the Company shall pay property rental annual since 21 September 2014 with 510,600 Yuan till the rental
the repo amount is fixed or determinable. The financial assets classify as loans and account receivables including
лг() 2015
or loan commitments that are not designated at fair value through profit or loss and granted at a rate below market
value
Co., Ltd.
investment
Controlling basis for the structuring entity included in consolidated range
(2) Net cash paid for obtaining subsidiary in the Period
Curre
(1) Current income tax
Sales expenses
Explain the name and adjusted amount in Other at end of last period:
instruments
2. REO and earnings per share
Other receivables 395,523.78 511,254.81
Deferred income
whether the risk and rewards of ownership of the financial asset have been substantially transferred. If the risk and
4.Ending balance
In the event that an investment property is converted to an owner-occupied property, such property shall become
Income of the Net profit of
Company.
Determine basis or amount standards for Single Significant
income
63. Sales expense
Item Amount written off
(1) Original book value of goodwill
лг() 2015
General defect: other control defect
comprehensive
4. Other
total profit, (3) Material defect:: more than less than or equal to 3% of total profit,
Maternity
On purchasing date At end of last period
Number of audit report Ruihua Shen Zi [2016] No. 48030032
2. increased in the
In RMB
Applicable Not applicable
3
(3) Income from physical sales larger than income from labors
profit and loss
equity instrument
Perpet Reason
Other explanation:
Guosen Securities (Hongkong) Domestically
Total 4,210,594.98 14,685,352.23 4,210,594.98
In RMB
has reduced in current
research and development of medium-end and high-end products, the positively apply various new technologies,
The closing cost of available-for-sale debt instrument investment is determined based on its amortized cost,
statements in RMB: The asset and liability items in the balance sheets for overseas operations are translated at the
Motocycle Company, manager of the Company in H&R Dept. now he serves as commissioner of comprehensive
Applicable Not applicable
13.58% A-stock of the Company was obtained by China Huarong Asset Management
period period
Total 54
investment
Supervisory committee has no objection about supervision events in reporting period
of the previously held equity investment accounted for using equity method on the date of combination or
contingent liability.
(2) Payable item
(1) The business combination under the same control
лг() 2015
In RMB
reserve
financial statements.
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -- 0.00
31. Short-term loans
is not possible to estimate the recoverable amount of the individual asset, the Group shall determine the
Applicable Not applicable
Other receivables
(5) Borrowed funds of related party
measured by fair value
Other 0.00
In RMB
all development expenses incurred are accounted for in the profit or loss for the current period.
Meanwhile, the carrying amount of long-term equity investment shall be adjusted. The carrying amount of
issued from capital
Explanation for write-off of receivables:
n
Educational surtax 104,407.32 107,585.20
Whether it is a business combination realized by two or more transactions of exchange and a transaction of obtainted control rights in
VII. Difference of the accounting data under accounting rules in and out of China
Explanations on combination determine:
of reporting period.
shareholders
within one year 93,271.92 279.81 0.30%
activities
Net increase of insured savings and
plants), related land use right and the buildings shall be separately accounted for as an intangible asset and fixed
Including the non-derivative financial assets initial recognition that is appointed as available for sale, and except
financial
Total top five clients in sales (RMB) 155,272,692.64
50. Accrued liability
the cost price and last for over one year. Non-temporary decline refers to fair value is lower than 80% of the
III. Increase/ 2,791,9 2,806,264
0
лг() 2015
49
Less: Impact on income tax 92,300.27
financial assets
The inventory of the Company refers to such seven classifications as the raw materials, product in process, goods
In RMB
value of the remaining equity interest is re-measured on the date when the control ceased. The difference between
off-set period-begin off-set
Energy Controlling
inventories
y-o-y
The company had no securities investment in the reporting period.
4. Other
(2) construction in
1. Mr. Li Hai, born in 1969, graduated from Economic department of Shenzhen University in major of accounting;
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and
Type Total assets Net Assets Net profit
Divided into liability held for sale
association, committee of international business commission of nationwide lawyers association, deputy director of
Increase/decrease
error correction or not
Other cash received concerning
Including: transfer-in
Construction in progress
(1) Receivable item
For a long-term equity investment acquired through a business combination involving enterprises not under
(1) Determination of investment cost
by delivery of that equity instrument, then it will not be reversed.
753,000.00 753,000.00
2. Subsidiary of the Enterprise
relevant grant, it is included in relevant cost or expense on the grant date and accordingly increase liabilities. If it
XIV. Commitment or contingency
Yes No
services
Yes No
0.00
(in Chinese)
capital)
(3) Explain accounting difference over the accounting rules in and out of China; as for the difference
In the context of stagnant domestic traditional manufacturing industry, the company accelerates the transformation
In RMB
December 2015. With the explanatory notes attached, remind users of the internal control auditing report, the
(2) Accounting treatment for post-employment benefit
statement and consolidated cash flow statement; for subsidiaries disposed during the period, the opening balances
director in
Qinghua Road, Longhua Office, Longhua New Disstrict, Shenzhen, as the office place of the Company. Leasing
Received
index disclosed in the companys quarterly report and semi-annual report
Age
connection with the vacant buildings held by the Company for operating lease, if the board of directors (or similar
Applicable Not applicable
Name Name of shareholders unit shareholders
and less than or equal to 3% of operation income and less than or equal to 3% of
Deposit 182,762.00 182,762.00
Ending balance of
materials (excluding
involvement in the financial asset, the entity recognizes it as a related financial asset and recognizes the relevant
Time point Cost of Ratio of Acquired acquiree from acquiree from
4. The effect hedging
ratio ratio
Decrease of deferred income tax
investment
лг() 2015
On the beginning date of the lease, the entry value of leased asset shall be at the lower of the fair value of the
Subtotal of cash inflow from financing
21. Intangible assets
(11) Strengthen the background management and office automation, and improve the support degree of
The Company belongs to the machinery manufacture industry and mainly engages in the production
meeting Times of Times of
Shenzhen Shenzhen 70.00% Investment
Domestic nature
balance Bonus share Other Subtotal
plan in 2014.
The company shall determine whether loss of control arising from disposal in a series of transactions should be
Amount of important defects in
29
Net profit -105,928.77 5,782,999.18
(III) Profit
2. Recognized basis for the market price sustaining and non-persistent measured by fair value on
management income
-105,900 yuan, thereinto, the net profits attributable to shareholders of listed companies are -138,400 yuan.
IV. Influence on cash and cash
Yes No
1. Annual Shareholders General Meeting in the report period
invested by
director office
transaction. In addition, the Group recognises the corresponding deferred income tax liability for taxable
Client/
(5) Other cash received in relation to financing activities
Item Current amount Last amount non-recurring gains/losses in
Zheng Currently in
Emmelle 170,989,389. 208,519,758.
104
(3) other 0.00
report period
(1) Disposal
costs in accordance with the principles of efficiency and effectiveness. By the end of 2015, the e-commerce
1.Opening balance
basic endowment insurance, unemployment insurance and annuity, corresponding payable amount will reckoned
Other non-operating income and expenditure
1.Opening
contracts or provides compensation as an offer to encourage employees to accept voluntary redundancy, the
Item Ending balance Opening balance
ties
Explanation on combination determines:
-382,777.30 -591,352.99
48
satisfaction of all the below conditions:
operating activities
applied at least at each financial year-end. A change in the useful life or amortization method used shall be
Other explanation
Total liabilities 32,478,863.65 37,993,541.48
or assumed and the equity securities issued by the acquirer, at fair value at the acquisition date, in exchange for
Non-current liabilities due within 1
Applicable Not applicable
Explanation on reasons of failure to settle on important advance payment with age over one year:
Accrual value Accrual
In RMB
period.
Applicable Not applicable
liabilities portion shall be recornised as other equity instrument. Transaction expenses occurred in issuance of
1. Related transaction with routine operation concerned
308,276.93 89,066.31 47,988.32 11,997.08
100,041,540.65 223,967,528.32 -55.33%
and accessories 159,399,271.88 100.00% 198,964,665.65 100.00% -19.89%
development ideas of e-commerce transformation, internal introduction and external association, and controllable
Shenzhen ZhengYuan Liquidation Affairs Co., Ltd. as the custodians of the Company. At the same time, Shenzhen Municipal
Offices add. Room 1201, Wantong Building, No.3002, Sungang East Road, Shenzhen
documents. We combined the actual situation, constantly improved the corporate governance structure, and strived
Whether exist non-operating contact of related credit and debt or not
6. Other
0.00
cooperative
Mainly to pay accounts payable etc. operating payable items
2. rental buildings 0.00
Individual income tax 30,039.52 40,662.68
(if applicable)
rewards of ownership of the financial asset have been substantially transferred, the financial assets shall be
627,834,2 32,673,22 8,197,291
Domestic 170,990,030.10 100.00% 212,070,585.77 100.00% -19.37%
Local educational surtax
evaluation report (Holdings) Limited
Punishment of securities regulatory authority in recent three years to the companys current and outgoing directors, supervisors and
Total -- -- -- 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
by Ruihua Certified Public Accountant (LLP) for the financial report 2015 of
64
Ending balance Opening balance
expenditure and
N/A
from other financial institution
equivalents due to fluctuation in
In RMB
Bicycles Output In 10 thousand 20.99 27.89 -24.74%
Diluted earnings per share
The financial statement prepared by the Company are compliance with the requirement of accounting rules, reflect
equity settled share based payment
Available-for-sale financial assets
Company invests in or sells assets to joint operations; the Company recognize the loss according to the
2. Capital invested
Paraphrase
service
Section II Company Profile and Main Finnaical Indexes
method compared with the financial report of last year
from reclassification of held-to-maturity
Deposit 169,135.00 220,999.00
Current liabilities:
effectively obtains control of the acquiree.
3.DecreasedAmount
11,765,046.11 11,903,347.67
In RMB
Item Current Period Last Period
(3) the increase in
IX. Internal Control
Nil
-2,814,082.91 -2,804,170.44 5,540,017.64 -2,950,788.11
Including: --
On 11th, May 2012, the largest shareholder and biggest creditor of the Company, Shenzhen Guosheng Energy
The invested
legal service, valuation and other administrative expenses, is recorded into the profit or loss in the current period.
Sun Longlong M 43 43.19
Accounts received in advance 2,024,718.30 2,595,736.07
activities
place Directly Indirectly
лг() 2015
Item Convert rate Ending RMB balance converted
лг() 2015
Item Ending balance Opening balance
assets and other long-term assets(gain is -33,851.46
IX. Appointment and non-reappointment (dismissal) of CPA
Relevant explanation
Item (or the invested entity) Ending balance Opening balance
information for the arbitrage risks:
Outstanding Period-begin Increase during the year Decreased Period-end
Item Opening balance Increase during the year Decreased Ending balance
Item Opening balance Increase during the year Decreased Ending balance
Applicable Not applicable
obtained control over the investee, it shall be accounted for in accordance with the same accounting treatment for
Age group Aging analysis
be charged to profit or loss when incurred.
insurance
In RMB
Website for annual report publish appointed by CSRC Juchao Website ()
IV. Remuneration for directors, supervisors and senior executives
VIII. Structured vehicle controlled by the Company
Item Content
Applicable Not applicable
Applicable Not applicable
Companys Internet Web Site
OEM plants into the offline supporting system of e-commerce business by reforming the mechanisms and sharing
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
being restricted industry exit, canceling sentenced to a fine or penalty, being
Related party Transaction content Current amount Last amount
0 0.00% 0 0 0.00%
Loans 2,024,718.30 2,595,736.07
(1) Classification
Related party Content Current amount Last amount
activities
(1) Important joint venture and cooperative enterprise
capital (share
Particular about subsidiaries obtained or disposed in report period
Ending balance Opening balance
period that the Group will meet related requirements of such grants and will be able to receive the grants. The
27. Goodwill
-138,355.58 4,885,678.56
лг() 2015
party in the reforming plan, and expects to restore the abilities of sustainable operation and sustained profitability by reorganization.
(1) Contingency on balance sheet date
the equity instrument granted to the employees as at the grant date. Subject to completion of services during the
In combination, withdrawal proportion of bad debt provision based on balance proportion for other account receivable
III. Implementation of commitment
Nil
0.00
(3) Recognization basis, valuation and depreciation method for financial lease assets
expenses reserved by reorganization plan have been received in 2014.
accounting policy
In RMB
appropriated by the
Company completed the implementation of its restructuring plan and concluded its bankruptcy procedure, thereby
internal control (full-text)
-138,355.58 4,885,678.56
comparative figures of the consolidated balance sheet would not be restated. For subsidiaries acquired from a
included in the scope of evaluation
forward internal
Decision-making procedures, recognition basis and payment for directors, supervisors and senior executives
63,508,74 63,508,74
Item Current period Last period
V. Other relevant information
Other explanation
equipment equipment
(ii) Diluted earnings per share -0.0003 0.0089
100.00% 694,416.00
Development Co., legal person
(2) investment in equity
In RMB
Reasons for prospective application
Net increase of customer loans and
Guarantor Amount guarantee Starting date Maturity date
Last Period
financial assets measured at fair value with any change in fair value charged to profit or loss. Details on its
attributable to company are recognized as minority interests and profits and losses attributable to minority
Other explanation:
Book balance Book value Book balance Book value
Co., Ltd.
Net cash flows arising from investing
7
75. Notes of changes of owners equity
53
2014)
No trusteeship for the Company in reporting period
applicable)
conversed to
New grants in the Assets-related/inc
the enterprises market competiveness and profitability.
Times of Board
and technology expert of Shenzhen Municipal Science & Technology Committee of Experts, Director of the eight
shares income risk
party on the date of combination. The difference between the initial cost of the long-term equity investment and
35
Other explanation
Other explanation
Secured party Amount guarantee Starting date Maturity date
-138,355.58 4,885,678.56
I. Operating income 3,183,534.28 7,287,880.92
corresponding deferred income tax asset for deductible temporary differences associated with investments in
company's consolidated financial
Business combination is the transaction or events that two or two above independent enterprises combined as a
year
from changes in fair value of
remuneration of directors, remuneration of directors and supervisors. The Board of Directors decides senior managements.
76. Assets with ownership or use right restricted
executives of Shenzhen China Bicycle Company (Holdings) Limited (hereinafter
-)
listed company from CSRC?
disposition for bankruptcy enterprise
and fittings
Deferred income tax assets
Share-holding ratio
51
55
627,834 32,673, 1,625,1 13,390,
At the balance sheet date, accrued liabilities shall be measured at the best estimate of the necessary expenses
office
working capital
Applicable Not applicable
Interest income
Section II Company Profile and Main Finnaical Indexes ............................................................. 9
5 Client 5 3,976,295.79 2.33%
In RMB
Shenwan
Applicable Not applicable
our audit in accordance with Chinese Certified Public Accountants' Auditing Standards. Those standards require
the end of reporting period
(3) Account receivable with minor single amount but with withdrawal bad debt provision for single item:
with surplus
There are no differences between the actual condition of corporate governance and relevant regulations about corporate governance
(2) Changes of defined benefit plans
No.: 2015015,
Other explanation:
VI. Total comprehensive income -214,018.12 2,791,930.44
133
Notes expired at year-end without paid was 0.00 Yuan
Total profit -11,319.64
152
(4) Notes transfer to account receivable due for failure implementation by drawer at period-end
Total 0.00
assets and settle the liabilities simultaneously, current tax assets and current tax liabilities are offset and presented
(2)Valuing of the delivered and received inventory
Short-term borrowings
2. Withdrawal of
Other 145,253,655.60 54.02 145,253,709.62
bank and interbank
remuneration remuneration
end of the report 7,947. 90,425.
1.Opening
Total preference
The portion of a subsidiarys equity and the portion of a subsidiarys net profits and losses for the period not
subsidiaries and other units
the end of shares ed shares
146
-3,029,023.82 3,921,048.18 -177.25% Received the 2014
Rent and property fee and maintenance fee 2,364,764.52 4,088,489.35
695,437 7,698,7
Owners equity attributable to parent company
regulations, shows an effectiveness internal control of financial report in all major aspects dated 31 December 2015.
Foreign legal
(V) Reasonable
name business capital revenue profit
which will be reclassified subsequently
III. Post-holding
When an equity investment that is not quoted in an active market and the fair value of which cannot be measured
note 3)
A government grant related to an asset shall be recognized as deferred income, and evenly amortized to profit or
When the Group has a legal right to settle current tax assets and liabilities on a net basis, and deferred tax assets
for the current period: the carrying amount and the sum of the consideration received and any accumulated gain or
лг() 2015
organiztion department, manager of H&R dept. of Jiangxi Branch of Pacific Life. He serves as deputy GM of
44. Other current liability
-3,029,023.82 3,921,048.18
liability and long-term liability due within one year.
3. Social insurance 1,293.08 180,082.73 180,082.73 1,293.08
retained the business of bicycles so as to maintain its ability to continue as a going concern before the injection of
Total 0.00 0.00 0.00 0.00 0.00 0.00
amounts of the non-monetary asset exchange transaction which the asset will be transferred out of the Company,
Accounts with single
Group; took the chairman and concurrently general manager of Guangdong Sunrise Holding Co., Ltd.; now, he is
78. Hedging
,243.83 227.01 58.40 106.07
party
In RMB
Kong Na Yingkong Holding Co., Ltd. 2010-04-01 Yes
Item Budget in the assets decrease on of Progress ated : interest capitaliz
Loss from disposal of fixed assets, intangible
differences liabilities differences liabilities
If a part of the financial assets qualifies for derecognition, the carrying amount of the financial asset is allocated
period
reckoned into current gains/losses
(Y/N)
Total 0.00 --
31
In RMB
Other cooperative enterprise and joint venture that have related transaction with the Company in the Period or occurred in pervious
merchandises)
13. Classified as assets held for sale
Up to 31st December 2015, the Company has no major contingency need to be disclosed.
Applicable Not applicable
4. Other material contracts
(2) investment in equity
offset against the capital reserve. If the capital reserve is insufficient to offset, the retained earnings shall be
(1) Contact in loss
company control by
145
financial liabilities
transferred at the end of the lease term, it is depreciated over the period of expected use; otherwise, the lease asset
Applicable Not applicable
cash settled share based payment
1. Withdrawal of
Total -- -- -- 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3. Long-term equity investment
Applicable Not applicable
(8) Assets and liability resulted by other receivable transfer and continuous involvement
for the financial assets measured by fair value and with its variation reckoned into current gains/losses as financial
r
Short-term compensation including salary, bonus, allowance and subsidy, welfare expenses, medical insurance,
income
Total assets 18,378,436.59 21,064,531.75
Other explanation, including changes and reasons for changes:
лг() 2015
130
Other related party Relationship with the Enterprise
reading.
(for 2014) Meeting
reliably, or the impairment loss of a derivative financial asset linked to the equity instrument that shall be settled
Amount
(2) Entrusted loans
In RMB
last period
(7) Other account receivable derecognition due to financial assets transfer
profit or loss for the current period at the time when the control over investee is lost. Of which, for the remaining
1. Amount of shareholders of the Company and particulars about shares holding
the Period the Period
2 Client 2 49,153,593.66 28.75%
shareholders (if applicable)
Surplus public reserve 32,673,227.01 32,673,227.01
2. Request for extraordinary general meeting by preferred stockholders whose voting rights restore
period. The financial assets will be transferred out of the financial assets on derecognition and accounted for
627,819,9 32,673,22 5,391,026
0
1,474,565.46 2,937,071.06
stockholders of the Company after
In case of partial disposal of equity investment or other reason that result in reduction in shareholding in a foreign
Operating cost Gross profit ratio of operating of operating cost of gross profit
157
At the balance sheet date, the Company shall review the carrying amount of a deferred income tax asset. If it is
Name Relationship
published opinions on auditing will not be impacted by the subject matter.
which formed an operation from its associates or joint ventures, relevant transaction shall be accounted for in
No particulars about the changes in aspect of accounting policy, estimates or calculation method in Period.
Shenwan Hongyuan Securities Domestically
Section IV Discussion and Analysis by the Management Team ................................................. 11
amount determined in accordance with CAS 13 Contingencies and the amount initially recognized less
Amortization of intangible assets 753,000.00 753,000.00
лг() 2015
1. Basic endowment
Current money 12,397,333.29 within one year 98.55%
Total 277,906.56 --
2. Share-based payment settled by equity
financial statements; (3) Lack of important decisions; (2) indirectly make the
Nil
Written-off for the major other receivable:
entity or different taxable entities which intend either to settle current tax assets and liabilities on a net basis or to
losses) by taking into account all contract terms relating to the financial assets or financial liabilities whilst
Important bad debt provision collected or switch back:
In RMB
Ending balance Opening balance
(1) Constitute of enterprise group
value and with variation reckoned into
Other 28
Including: preferred stock
4. Pension plan
budget capitaliz of the
Major sales client of the Company
0.00
Nil
At the balance sheet date, current income tax liabilities (or assets) for the current and prior periods shall be
well as stock-joint in report
Section XII. Documents available for reference
Expenses incurred during the development phase that satisfy the following conditions are recognized as intangible
In RMB
--
capital of RMB551, 347,947.00.
Vary directly expenses occurred for enterprise combination, the combining party shall reckoned into current
receivables procedures transaction (Y/N)
228,302.51 154,846.35 63,666.61 -863,077.61
Explanation of absent the Board Meeting for the second time in a row
assets is part of a portfolio of identified financial instruments that are managed together and for which there is
Reinsurance receivables
IV. book value
No penalty and rectification for the Company in reporting period.
continuously measured by 0.00
balance
(2) Derivative investment
background departments to front desk business.
owners equity
Cash on hand 141,271.10 2,894.71
Investment Development Co., Ji Hanfei 2005-04-26 440301105151303
103
I. Profit distribution plan of common stock and capitalizing of common reserves plan
manufacturing cost, financing cost and parts the bicycle industry as a conventional manufacturing field recorded a
and transparent, in accordance with provisions of the law.
In RMB
Long-term equity investments accounted for using the equity method
24th General Meeting Annual General
159
for bad debt provision is withdrawn with age analysis method.
Net profit attributable to owners of
Borrowing costs include interest, amortization of discounts or premiums related to borrowings, ancillary costs
III. Increase/
лг() 2015
Remuneration for directors, supervisors and senior executives in reporting period
Nil
interest method during the leasing period. Contingent rent shall be included in profit or loss for the current period
Guangdong Guangshen Judicial Accounting Legal
Book balance Book value Book balance Book value section
value and with variation reckoned into
distribution
estimated
Book balance Bad debt provision Book balance Bad debt provision
63,508,747 63,508,747
II. Major changes in main assets
Security trading of agency
лг() 2015
Increase during the
Investments or Accounting Standards for business Enterprises 22 C Financial Instruments Recognition and
assets
Position in Start dated of End date of office remuneration
Investment for
with its variation reckoned into current gains/losses, while initially recognized. The financial liability initially
director Presence Absence second time in a
Item Ending balance Reasons of un-paid or carry-over
Foreign name of the Company
Purchase restituted finance asset
Other explanation:
business combination under common control, their operating results and cash flows from the date of
(2) To reform and perfect the internal operating mechanism; distributed the annual targets to every marketing
deducting nonrecurring gains and
Investment Development Co., Ltd. shares
In RMB
Explanation for write-off of other receivables:
Divided into liability held for sale
1.Opening balance 194,406.84 515,814.24 637,606.48 1,347,827.56
(3) Income tax expense
previous period
Other explanation:
Other explanation:
owners equity
under the name of CBC, China Bicycle Company has completed implementation of the restructuring plan dated 27
Item Ending balance Opening balance
Period ome related
Net cash flows arising from operating
including: (1) Prepare financial statements with fair presentation in line with Accounting Standards for Business
The Group adopts cost method for subsequent measurement of investment property, which is depreciated using
2. Controlling shareholder of the Company
common stock common stock
they will be recognized as sales of goods in full.
supervisor
228,541.12 69,097.17 78,090.28 219,548.01
32,778.68 90,487.44 25,566.59 148,832.71
Total 0.00 --
(V) transaction financial
Employee in-post of main Subsidiaries (people) 46
лг() 2015
Cao Fang Director M 42 2013-09-26 2016-09-25 0 0 0 0 0
had major defects
within one year 386,433.20 97.13% 348,277.01 100.00%
Dividend receivable
assets
year (Decrease is
II. Cash flows arising from investing
year
within one year
In combination, withdrawal proportion of bad debt provision based on balance proportion for account receivable:
with bad debt 12,580,0 12,579,54 13,714, 13,714,033.
753,000.00 753,000.00
Sales volume In 10 thousand 21.19 27.69 -23.47%
(Hongkong) Co., 2.23% 12293850 0
resulting in investigation of the local system; (4) violation of the laws,
лг() 2015
III. Analysis of the non-main business
contribution plans
In RMB
6,348,670 6,348,670
standards of hedging accounting based on hedge characteristics, and fair value change of other derivative
derecognized. If the risk and rewards of ownership of the financial asset have been retained, the financial assets
Applicable Not applicable
fierce. However, with the development of Chinas social economy and the change of peoples living concept, the
Disclosed
Fax. 0755-28181009 0755-28181009
Applicable Not applicable
2014 with 474,200 Yuan till the rental terms expired or contract terminated by two parties.
receivables implemented transactions
(9) Equity instruments
(3) Receivables actually written-off during the reporting period
disposed, the operating results and cash flows prior to the date of disposal are included in the consolidated income
processing, maintenance, making repairs
Item Ending balance Opening balance
Net profit or loss attributable to minority shareholders is presented separately in the consolidated income
removed
Total -- 0.00 -- -- --
Foreign natural persons
other various risks and challenges in financial field have exacerbated the influence on traditional manufacturing
(2) Combine not under the same control
1. Accounts receivable
The company had no application of raised proceeds in the reporting period.
Net liability (assts) of the defined benefit plans
In RMB
management income
spending in construction period, the capitalized borrowing cost and other related costs before the construction
II. Auditor's responsibility
subsidiaries shall be treated on the same basis as if the relevant assets or liabilities were disposed of by the
invested by
adopted
Securities to the Public --- Extraordinary Profit/loss, explain reasons
When the Company terminates the employment relationship with employees before the end of the employment
Subtotal 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Property Co., Ltd.
Stock exchange for listing Shenzhen Stock Exchange
132
equity. The Company accounts for allocation of holders of equity instruments as profit distribution.
128
Important commitments in balance sheet date
In RMB
regions or not
лг() 2015
asset or liability by investee on pro rata basis at the time of disposal. The owners equity recognized for the
property Domestic
Controlling shareholders Date of foundation Organization code Main operation business
Subsidiary Operation from Operation from
direct cost where the amount is fewer is included in the profit or loss for the period when incurred. Contingent
Net cash flows arising from financing
classified as assets held for sale, they shall be presented in balance sheet separately as current liabilities.
Receivables with bad
Exchange. The Company reserves the business license for the enterprise legal person (QGYSZFZ
Total numbers measured by share-holding
Item deferred income tax
Shenzhen Intermediate Peoples Court (2012) Shen Zhong Fa Po Zi No. 30-6 Civil Ruling Paper judged that approved the
flows for the year of 2015. Furthermore, the financial statement, in all major aspects, conform to the Information
applicable) (see note 4)
Other explanation:
10,814,8 1,619,52 9,195,296 8,101,9 1,310,937 6,790,982.5
The majority of its products were previously exported, however, the sales volume sharply declined
amount of the financial liability (or part of the financial liability) derecognized and the consideration paid
resulted in acquisition of long-term equity investment by the investor without obtaining control, the initial
8. Determining standards for cash and cash equivalent
end of the last year 947.00 10.12 7.01 .98
reportable segments, explain reasons
historical cost. As for the non-current assets ready for sold, amount after deducted estimated cost by fair value and
33. derivative financial liabilities
amend the number of equity instruments which are expected to be exercisable. Impact of the above estimate is
combine under
For financial assets that are sold or transferred with recourse or endorsement, the Company need to determine
Listed company in and out of China
2. Distribution for
(1) Discontinued operation
Goodwill
2. Remuneration Policy
Measured by cost method
operating activities
Write-back of tax received
from Jan. of 2006 till now, she had been in charge of lawyer of Beijing Deheng Law Firm Branch in Shenzhen.
(3) Impairment of financial assets
12 years 0.30% 0.30%
Financial liability held for trading and financial liability designated as at fair value through profit and loss meet
repurchase, sale or cancel are treated as change of equity, and relevant transaction fees are also deducted from
(2) Contract
According to the business scale, business nature, and customers settlement, etc., the other account receivable with single big amount
Operating income 22,326,412.71 54,210,387.97 62,791,436.14 31,661,793.28
34. Notes payable
Company Collected or switch back amount Collection way
Bank acceptance bill 47,314,732.69
accrual by credit 8.29 9.25 .04 19.90 .40 0
(5) Amortization method for the low-value consumables and wrappage
required and not specifically for certain companies; (3) the date of payment be specified in related documents and
1-2 years 291,442.00 874.33 0.30%
Shenzhen commerce, supply RMB 220 million 11.52% 11.52%
(III) investment real estate 0.00
(6) Increase the follow-up work to group purchase orders through the cooperation with government procurement
3 Client 3 25,621,079.53 14.98%
ownership of the financial asset, the Company shall assess whether the control over the financial asset is retained,
10. Inventory
Derivative financial instruments initially recognize at fair value at the contract date, and subsequently measured at
recognized in profit or loss in the current period.
Shenzhen Guosheng
Other capital reserve 627,834,243.83 54.02 627,834,297.85
-0.0003 0.0089 -103.37% 2.8570
government grants so measured should also satisfy the following conditions: (1) the amount of the grants be
No.101165) [the registered number has been altered as 440301501122085] with the registered
Unrecognized financing expenses shall be recognized as financing expenses for the current period using effective
conversed to
71 71
control (full-text) 2015, Juchao website
Nil
78.56 .62 99.18
IV. Non-operational fund occupation from controlling shareholders and its related party
Total liabilities 10,395,109.56 12,867,240.62
Contract reserve of reinsurance
Intermediate People's Court made (2012) Shenzhen Intermediate Court Po Zi No. 30-1 written decision, and approved the Company
inconsistent between the company and subsidiaries, the financial statements of subsidiaries are adjusted in
Nil
1). Retroactive adjustment due to the Accounting Standards for Business Enterprise and relevant new regulations, retained profit at
forged ahead, achieved steady economic and social development, and continuously made new achievements.
significant amount
The carrying amount of financial assets measured as costs or amortized costs are subsequently reduced to the
The Company had no implementation of the companys stock incentive plan, employee stock ownership plan or other employee
focused on the following work in business management: firstly, make every endeavor to maintain the company's
investment accounted for using cost method shall be the aggregate of the carrying amount of equity investment
39. Interest payable
III. impairment of
assets
Item Amount written off
Nil
IV. Total Profit (Loss is listed with -) -11,319.64 7,928,859.26
Other explanation:
cumulative amortization recognized in accordance with the principles set out in CAS No. 14Revenue.
9. Other accounts receivable
from other 0.00
fund
equity (post-tax)
In RMB
The internal control audit report, issued by CPA, has concerted opinion with self-evaluation report, issued from the Board
Chinese)
UOB Koy Hian
Other explanation, including relevant important assumptions and estimation:
Balance at Current Current
3) Due to the major accounting errors correction, retained profit at period-begin has 0.00 Yuan affected;
(4) Changes of impairment in Period
relevant activities and the ability to affect such return by use of the aforesaid right over the investee. The
Net cash flows arising from investing
shareholders
guarantee contract, and the derivatives linked to an equity instrument investment which has no quoted price in an
Loans 7,787,813.83 10,278,377.96
-1.17% -0.0003 -0.0003
Nil
control, the initial investment cost of the long-term equity investment shall be the absorbing partys share of the
Notes of holding and shareholding companies
Ltd.
(i) Total 2,791,9 2,791,930
Changes of main business since listing (if
0.00
Decrease in this -138,35 32,426. -105,87
XIII. Penalty and rectification
arising on translation of foreign
89
1. Details of major defects in IC appraisal report that found in reporting period
V. Main accounting policy and Accounting Estimate
qualified by the aforesaid recognition criterion for contingent liability, the difference of estimated loss under
The company had no other significant related transactions in reporting period.
2. Surplus reserves
shareholder of listed company 11,765,046.11 11,903,347.67 -1.16% 7,003,335.40
111
provisions
commencement of the accounting period in which the combination occurred to the date of combination are
into relevant assets costs or current gains/losses while occurred.
2. Other accounts receivable
from independent directors
Li Jialin Staff Supervisor M 55 18.25
If an investment property is disposed of or if it withdraws permanently from use and no economic benefit will be
setting off against the share of unrecognized losses.
Applicable Not applicable
In RMB
Sales of bicycles and
For a business combination not involving entities under common control, the party that, on the acquisition date,
Income from fine and penalty 103,000.00
Nil
Including: --
(1) Enterprise combined under different control in the Period
listed with -)
Other explanation:
currency using the spot rate of the balance sheet date. Exchange differences arising from these translations are
considering various fees, transaction costs and discounts or premiums which are part of the effective interest rate
Other Total
goodwill shall be deducted. When the amount of goodwill is less than the deferred tax assets that shall be
entitled to relevant assets and obligations of this arrangement. Joint ventures refer to a joint arrangement during
environment control; (2) inefficiency of environment control; (2) inefficiency of
New shares transferred Ending balance
13
Special accounts payable
On each balance sheet date during the vest period, the Company makes the best estimate based on subsequent
1.Opening balance 1,474.16 155,799.08 416,592.48 573,865.72
551,341,7 551,341,7
I. Balance at the 627,834 32,673, 1,592,7 13,496,
ties
Administrative personnel 11
from the hybrid instrument. If the Group is unable to measure the embedded derivative separately either at
Item Opening balance Increase during the year Decreased Ending balance
Applicable Not applicable
Financial liability measured by fair
revenue
transaction bonds
-382,777.30 -591,352.99 -35.27%
2013 0.00 1,575,223,894.89 0.00 0.00%
Current assets:
96
Explanation for write-off of other receivables:
equity instrument will be recognized as other comprehensive income, and the impairment loss reversal of the
(7) Major changes or adjustment in business, product or service of the Company in Reporting Period
Li Hai M 47 2013-09-26 2016-09-25 0 0 0 0 0
71. Income tax expense
37. Wages payable
shareholders of the listed company
Basic earnings per share
Shareholding of Shareholders of Listed Companies.
лг() 2015
negotiation and signing of lease agreement shall be included in the value of leased assets. The balance of
лг() 2015
23 years 0.30% 0.30%
In RMB
by local financial authorities in accordance with the requirements under disclosure of government information,
capital Prefer Perpet reserve ry hensive reserve general d profit s
assistant general manager, assistant to chairman, deputy chief engineer and chief engineer at Shenzhen Lionda
Company shall recognise employee compensation liabilities arising from compensation for staff dismissal and
141
In RMB
long-term equity investment shall be reduced based on the Groups share of profit or cash dividend distributed by
supposed to attending by entrusted
Other explanation
Impairment
shareholders
2. increased in the
entity) judgment basis
subsequently to profit of loss
-3,411,801.12 3,329,695.19
Error
Taxes payable 1,271,303.96 2,232,187.80
Nil
Other explanation, including the active part of the hedging gains/losses of cash flow transfer to initial recognization adjustment for
invested by
foreign shares
In RMB
4 Client 4 7,920,554.04 4.63%
us to comply with professional ethics, and to plan and perform our audit so as to obtain reasonable assurance
under defined benefit scheme.
executive partner of Shenzhen Guangzhou-Shenzhen CPAs, legal representative of Guangdong
year 71
charge and commission
within one year
XIX. Significant event of subsidiary of the Company
For perpetual bonds and senior shares classified into financial liabilities, their relevant interest, dividends, gains or
row (Y/N)
Company Nature Ending balance Book age balance of other
gains/losses while occurring.
Directly Indirectly
Face Release Bond Issuing Opening Issued in interest discount Paid in Ending
rental is accounted for as profit or loss for the period in which it is incurred.
investmen reduction nt accrual
Net profit attributable to
e-commerce business model based on the traditional model, combine with the actual situation of the company,
27
Employee loan 13,000.00
office
Retained profit at period-end before adjustment -1,199,952,070.17 -1,204,837,748.73
same control date comparison comparison
Other explanation:
beginning of this 7,947. 37,748.
The assets and liability acquired by combining party are measured by book value of the combined party on
birth insurance premium, industrial injury insurance premium, housing fund, labor union expenditure, personnel
Asset impairment 308,237.93 -2,723.04% Provision for bad debts No
at the time it incurred.
them on different bases; or B. The financial asset forms part of a group of financial assets or a group of financial
Year Ending amount Opening amount Note
In RMB
In RMB
Other explanation:
subject matter.
5. Other
financial statement under the following provisions:
consistent actors within the top 10 behalf of Shenzhen Guocheng Energy Investment Development Co., Ltd., beyond that, the
Office
combination
Including: preferred stock
Opening balance Increase during the year Decreased during the year Ending balance
The Company participates in the pension insurance and unemployment insurance plans established by government
Nil
Shujun
As a lessee for the Company:
Over 3 years 448,735.52 448,735.52 100.00%
(1) Non-monetary assets change
Other explanation:
III. Operating profit (Loss is listed with
Item Ending book value Restriction reasons
of that intangible asset is finite, the Company shall estimate the useful life of that asset and apply
Item Current amount Last amount
Shares Shares
post-holding in
of gains or losses arising from cash flow
(2) Fixed assets temporary idle
165
Subtotal of cash outflow from investing
shall not be derecognized. If the Company neither transfers nor retains substantially all the risks and rewards of
on economic downturn have increased, abnormal fluctuations of stock market and foreign currency market and
instruments
Serial Name Sales (RMB) Proportion in total annual sales
Actual controller Nationality
consideration shall be recognized in full as fixed assets.
Other explanation:
Item Depreciation Depreciation
consideration is recorded into the combination costs at its fair value at the acquisition date, and the goodwill is
131
shareholders of a subsidiary exceeds the minority shareholders portion of the opening balance of shareholders
Other explanation:
14. Long-term equity investments
Explanation on cash paid related with financing activities
able equity
лг() 2015
Total 0 0 0.00 0 0.00 0
Nil
commission charge and commission
Long-term expenses to be
spot exchange rates on the balance sheet date. Among the shareholders equity items, the items other than
Absorbing deposit and interbank
the Period
Shenzhen Emmelle
appointed to measure at
Industrial
Nil
and measurement standard of financial instruments. The difference between its fair value and carrying amount as
Amount Ratio Amount value Amount Ratio Amount
financing expenses. In addition, initial direct costs attributable to leased items incurred during the process of lease
Financial liability divide into financial liability and other financial liability which are measured by fair value and
in China, Renminbi is the book-keeping currency of the Company and subsidiaries. Renminbi is used for
instruments
Including: switch back
(2) Investment for associates and joint venture
The Company had no enterprise merger not under the same control.
period-begin newly added recovery interest period-end
activities
assets and liabilities
recognized for available-for-sale financial assets will not be accounted for.
(8) Assets and liability resulted by other account receivable transfer and continuous involvement
Nil
Applicable Not applicable
Item Opening balance Decreased Ending balance Causes
66. Loss from Assets depreciation
control. If they are not belong to transactions in a basket, the initial investment cost of the long-term equity
costs shall be recognized as expense in the period in which they are incurred.
(7) Remuneration of key manager
In RMB
Classification of industries
April 2016
changes that
production of a qualifying asset is interrupted abnormally, when the interruption is for a continuous period of
Amount reckoned into
Yes No
fixed, intangible and other long-term
Net realisable value is the estimated selling price in the ordinary course of business less the estimated costs of
custodian at the same
cash and cash equivalent
52. Other non-current liability
of president in Yingkong Holding Co., Ltd.
лг() 2015
5. Labor union
(5) Assets transfer ability has major restriction from joint venture or cooperative enterprise
activities
amounting to 1,764,393.82 Yuan.
Other explanation:
secretary of the Board and vice president, etc. of the Company, and now he serves as chairman, legal
Item Ending balance Opening balance Causes
(2) Changes of bonds payable (not including the other financial instrument of preferred stock and
Decrease in this -214,01 -213,964.
(1) Difference of the net profit and net assets disclosed in financial report, under both IAS (International
Independent directors has no objections for relevant events in reporting period
administration of finance, master of international accountant from City University of Hong Kong and he owes a
risk, we consider internal control related to financial statements, in order to design auditing procedures, but not for
Ending foreign currency
Electronic equipment Straight-line depreciation 5 10% 18%
instruments is recorded to current profit or loss.
4. Revised and termination on share-based payment
comprehensive income as capital reserve in the current year.
(7) Combine the e-commerce means with the traditional business means for brand and product publicity, utilize
1.Common shares
they were disposed of by the acquiree directly, namely be transferred to current investment income other than the
In RMB
In our opinion, in all material aspects, CBCs financial statements have been prepared in accordance with the
Appraisal Institute representative
6. Advance payment
Client/ Entrusting party/ Yield pricing
interests. Minority interest is presented separately in the consolidated balance sheet within shareholders equity.
Reorganization expenses, such as
56
Decrease in this 14,333.71
ended, and notes to the financial statements for the year ended.
Loss of provision for bad debts of accounts receivable was RMB 308,586.17, reversal of bad debt losses of other receivables was
oil assets and depreciation of productive 148,832.71 79,066.98
Whether obtained right of residence of other countries or
Period Period
In RMB
Applicable Not applicable
Explanation on goods purchasing, labor service providing and receiving
Equity ratio period-begin period-begin
68. Investment income
2015 2014
Joint control is the Companys contractually agreed sharing of control over an arrangement, which relevant
Other explanation:
III. Cash flows arising from financing
shall be included in profit or loss for the current period. In respect of other comprehensive income recognized
(1) Classification of other payable according to nature of account
15
relating to the acquisition, construction or production of the asset that are necessary to prepare the asset for its
Net profit attributable to
Written-off for the major receivable:
disposal plan on an independent key operation or proposed disposal in key operating region; or it only
statements
(including any non-cash assets transferred or new financial liabilities assumed) in profit or loss.
16
Net cash received from
Total 9,591,998.29 1,374,959.25
Item Current amount Last amount
existing traditional model of business operation under the harsh business environment of traditional
Details of the various business taxes and additional standards are in "tax".
period period
153
payable
106
7. Commitments of related party
II. Balance at the 551,34 627,819 32,673,
status
Type Ending balance Opening balance
Item Opening balance in non-operation Other changes Ending balance
Lease income in recognized in Lease income in recognized last
VI. Balance of cash and cash
95
Add: Non-operating income 4,210,594.98 14,685,352.23
relevant grant, it is included in relevant cost or expense on the grant date and accordingly increase capital reserve.
person
Fixed assets refer to the tangible assets for production of products, provision of labor, lease or operation, and with a service life in
(1) Distinguish of senior shares and perpetual bonds
year
Add: net profit attributable to shareholders of
shareholders)
Decrease in this 14,333. 4,885,6 897,320 5,797,3
payment at any time
Deferred tax
assets impaired and which is related to any event occurring after such recognition in subsequent periods, the
Nil
Ending balance Opening balance
II. Operating profit (Loss is listed
Nil
(8) Major sales and main suppliers
shareholders at at end of last
Financial liability measured by fair
(RMB/Share)
Changes of short-term bond payable:
hedging instruments
2015 2014 Changes over last year 2013
Total 0.00 --
6. Segment
Planning Department, Manager of Material Department and manufacturing dept.; now he is the supervisor of the
Item increased in the Period Decreased Amount Ending balance
(3) Certificate of title un-completed
Nature Ending book balance Opening book balance
лг() 2015
In RMB
лг() 2015
Nil
1. Development trend of the industry the Company operates in and market competition pattern it deals with:
operating activities(RMB)
Chairman
value and with variation reckoned into
Interest and Rent and utilities etc. 5,087,819.08 4,171,494.61
I. Cash flows arising from operating
11. Account Receivable
Current income tax 171,678.36 2,157,857.16
exist in an active market. Fair value is determined based on the quoted price in such market. An active market
In RMB
Investment income (Loss is
among the aforesaid shareholders
status gin (share) d
Li Bing 6 2 4 0 0 No
When the Group derecognizes a financial liability or a part of it, it recognizes the difference between the carrying
37
with corresponding increase in shareholders equity.
Strategy investors or general
Financial liability measured by fair
лг() 2015
down.
лг() 2015
method.
of the financial asset and does not give up the control on such financial asset, to the extent of its continuous
2. Mr. Yang Fenbo, born in 1957, China senior economist with master degree of MBA and engineer, held the
I. Balance at the 551,347, 627,819,9 32,673,22 5,391,026
23. Long-term Deferred Expenses
Receivable with single significant amount and withdrawal bad debt provision separately at end of period:
In RMB
59
equity instruments
Share Capital comprehe Reasonab Surplus Retaine
Applicable Not applicable
under the date combination the the
947.00 43.83 7.01 .13
Director, ntly
year.
58
Item Issuing cause Property type impact of
In RMB
profit or taxable profit (or deductible loss) at the time of the transaction. In addition, the Group recognises the
IX. Future Development Prospects
(3) Other receivables actually written-off during the reporting period
the Period
III. Auditing opinion
I. Cash flows arising from operating
Total 20,010,360.36 21,114,424.93
Total 627,834,243.83 54.02 627,834,297.85
Cash received from investment
100
(1) Trust financing
funds. Where funds are borrowed for general purpose, the Group shall determine the amount of interest to be
24
Total 0.00 0.00
earnings.
According to the Approval Document SFBF (1991) No. 888 issued by the Peoples Government of
assets assets
Chen Shujun 6 2 4 0 0 No
is subject to completion of services during the vest period or satisfaction with the required performance conditions
In the event of loss of common control or significant influence over investee due to partial disposal of equity
risk of material misstatement of the consolidated financial statements due to frauds or errors. When evaluating
(4) Financial summary for un-important joint venture or cooperative enterprise
151
investment classified as available-for-sale financial asset, the difference between its fair value and carrying
Section VI Changes in shares and particular about shareholders............................................... 34
suppliers
Balance at Current Current Current Balance at
In RMB
Subtotal of cash outflow from investing
instruments.
лг() 2015
Unrecognized financing income shall be recognized as financing income for the current period using effective
Luwei Electrical
over the investee after disposal, it shall be accounted for using the recognition and measurement standard of
Other business 3,150,841.97 1,151,379.27 7,287,880.92 4,505,933.46
3. Other
E-mail dmc@szcbc.com
carried forward to fixed assets.
107
(1) Foreign currency monetary items
Explanation on related lease
Shenzhen Bicycle and spare
shareholders of the listed -138,355.58 4,885,678.56 -102.83% 1,575,223,894.89
non-current asset
Applicable Not applicable
accounted for using equity method which
available for sale available for sale
Domestic nature
losses and gains or losses arising from redemption or refinancing are all included in current profit or loss other
Applicable Not applicable
XVIII. Supplementary Information
In RMB
Nil
capable of generating cash flows independently.
Current decrease 0.00
The non-derivative financial assets with maturity date, fix return amount or amount able to determined, and the
activities
Zi No. 30-6 Civil Ruling Paper judged that approved the reorganization plan of the Company. On 27 December
Net profit Ratio in net profit
-568,741.38 -10,597,125.12
enterprise
depreciation
financial statement of the two entities under the aforesaid principles.
establish Qinghu base, complete the recovery of the production permit of electric car and ISO9000 quality system
In the event that the Group disposed of an asset classified as operation to its joint ventures or associates, which
Item Amount
4. Valuation technique and qualitative and quantitative information on major parameters for the fair value
The opinions from independent directors have been adopted
assets
Other receivables
year 00 73
Approved transaction Whether more than
the sum of the consideration received from disposal of equity interest and the fair value of the remaining equity
Other explanation:
for impairment. If it is determined that no objective evidence of impairment exists for an individually assessed
As for cash settled share based payment, it is measured at the fair value of the liabilities assumed by the Company
Net cash received from
obtains control of another entity participating in the combination is the acquirer, while that other entity
(3) Explanation on capitalization of borrowing costs at ending balance of inventory
143
improving the legal environment its business faces with. The business plan of the Company for 2016 is:
expenses).
38. Tax payable
17
year
and approved the Company to manage property and business affairs by itself under the supervision of custodians
(1) provision
operating activities
Secretary of the Board Rep. of security affairs
155
subsidiaries and other units
0.00
reserve reserve
undistributed profits are translated at the spot exchange rates of the transaction dates. The income and expense
the current period. Contingent rent is recognized as profit or loss for the current period upon occurrence.
Bank acceptance bill 2,200,000.00
investment activities
current gains/losses
The effective interest method is a method of calculating the amortized cost of a financial asset and of allocating
Other explanation:
financial instruments are non-derivatives; if the financial instruments are derivatives, the Company can only settle
appropriated by the
depreciation
(7) Derivatives and embedded derivatives
Sales tax Taxable labor income 5%
operation activities
Cash paid for settling debts
(1) Inventory classification
12,658,388.21 124,047,037.60
Long-term wages payable
Non-current liabilities:
Short form of the stock Zhonghua C A, Zhonghua -B Stock code 000017200017
reckoned into
conversion and policy for conversion time point
accrual
Other explanation
control defect besides material defect and business for rectification and cause the
Book balance Bad debt provision Book balance Bad debt provision
with -)
using equity method or the recognition and measurement standard of financial instruments before the Group
2. Usage in the
total face value of the shares issued as share capital, the difference between the initial cost of the long-term equity
0.00
Impairment testing and provision for impairment found more in Note IV 22. Long-term assets impairment
947.00 43.83 7.01 .13
61
(2) Bad debt provision accrual collected or switch back
Applicable Not applicable
income
Item Ending balance Reasons of un-paid or carry-over
Applicable Not applicable
and e-commerce business, and achieve win-win and common development.
Item Amount
To all shareholders of Shenzhen China Bicycle Company (Holdings) Limited
161
profits which is included in the consideration, investment gains for the period is recognized as the cash dividends
Net increase of capital borrowed
special government
лг() 2015
V. Net increase of cash and cash
method, it shall be accounted for in accordance with the same accounting treatment for direct disposal of relevant
If a government grant is in the form of a transfer of monetary asset, the item shall be measured at the amount
1. Share of the other
(1) Productive biological assets measured by cost
The Company has no derivatives investment in the Period
interest expense incurred on that borrowing for the period less any bank interest earned from depositing the
ventures in which the assets disposed of or sold are not classified as operation, the share of unrealised gain or loss
Subtotal of cash inflow from investing
Over the past year, the international environment has been complex and severe, and the international financial
Other explanation:
2. Going concern
Total 0.00 -- -- --
Nil
66
In RMB
Total 1,767,497.76 6,876,171.33 7,264,318.85 1,379,350.24
0.00
Item Depreciation Depreciation
No.8 of Business Accounting Standards-Assets Impairment, and goodwill arising from business combination shall
Independent Currently in
Enterprise
70. Non-operating expenditure
within 12 months from the reporting period, it shall be accounted for other long-term staff remuneration.
лг() 2015
determined based on the bid price. If there is neither sale agreement nor active market for an asset, fair value shall
(5) Improve the supporting work of offline business, bring the traditional network dealers, physical stores and
development in the past few years, the electric bicycle industry has witnessed obvious stagnation since 2007. The
non-current assets
shares
5,172.32 400,198.70 400,198.70 5,172.32
Retained profit at period-end -1,200,090,425.75 -1,199,952,070.17
4. Other
income shall be transferred to profit or loss for the current period.
Book balance Book value Book balance Book value
лг() 2015
Item
144
23
Transportation
Applicable Not applicable
(I) Other comprehensive income
extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to
551,34 -1,199,9
(4) Assets that completed without settlement from construction contract
12,717,447.51 124,889,662.76
Amount Ratio Amount Amount Ratio Amount
end of the report 58,126.
assets and financial liabilities, which is managed and its performance is evaluated on a fair value basis, in
лг() 2015
Closing balance/current amount Opening balance /last period amount
Amount reckoned
Total Total
Other notes of main suppliers
there is objective evidence showing recovery in value of such financial assets impaired and which is related to any
лг() 2015
entity is obliged to settle or the equity instruments granted to its employee are not the own instruments of the
Obligations pertinent to the contingencies which satisfy the following conditions are recognized as accrued
In RMB
(1) provision 753,000.00 753,000.00
Shen Zhong Fa Po Zi No. 30-10 ruled that the reorganization plan of CBC was completed and bankruptcy procedures of CBC closed
(1)Determination basis and accounting for government grants related to assets
II. Associated enterprise
The tough international economic situation has a deep impact on the domestic consumption market where
(1) Disposal or scrap
asset held for sale, the Company will cease such recognition and measure the asset at the lower of (1)the carrying
Type of controlling shareholders: legal person
gains/losses/
balance
Current amount Last amount
the long-term equity investment shall be the absorbing partys share of the carrying amount of the owners equity
extinguishment of the original financial liability and the recognition of a new financial liability.
stage-up approach with several transactions, these transactions will be judged whether they shall be treat as
Net increase of loan from central
Owners equity:
1. Difference of the net profit and net assets disclosed in financial report, under both IAS (International
In RMB
issued by CSRC, revised in 2015, and relevant disclosure requirement and its notes.
at the date of losing common control or significant influence shall be included in profit or loss for the current
(3) Held-to-maturity investment reclassify in the Period
1 Client 1 68,601,169.62 40.12%
Opening
In the companys financial statements, the initial cost of the investment shall be the sum of the carrying amount of
Guosen Securities
Explanation on related guarantee
the arbitraged items
Financial asset or financial liability will be recognized when the Group became one of the parties under a financial
110
2% of the paid salaries of its employees respectively. Other than the aforesaid monthly contribution, the Company
Item Revenue Expenses Total profit Net profit attributable to
reserves reserves
Deposit and Margin paid 1,353,871.46 2,800,580.55
Company; recognize revenue from disposal of the share of joint operations of the Company; recognize fees solely
forward internal
Parent company Registration place Business nature Registered capital on the enterprise for
Nil
Actual payment of The Company strictly paid remuneration of directors, supervisors and senior management accordingly
47. Long-term account payable
The Company has no important commitments that need to disclose ended as 31 December 2015.
A joint arrangement refers to an arrangement of two or more parties have joint control. In accordance with the
combination. If the recoverable amount is less than the carrying amount, the Group shall recognize an impairment
39,731.46
Company Amount written off Reason for write-off
financial liability at FVTPL.
Industrial Co., Ltd.
Item Ending balance Opening balance
No explanation on other significant events for the Company in reporting period.
Net increase of customer deposit
accumulatively reckoned 0.00
2. Assets and liability measured by fair value
owners equity with
the current subsidies e related
Basic information of the outstanding preferred stock and perpetual capital securities at period-end
movement of other owners equity (excluding net profit or loss, other comprehensive income and profit
Other cash received concerning
Shenzhen Emmelle
лг() 2015
4. Particulars about other legal person shareholders with over 10% shares held
financing activities
(2) Foreign currency translations for foreign-currency monetary items and foreign-currency non-monetary items
Deferred income tax
period. In respect of other comprehensive income recognized under previous equity investment using equity
policy
period
partner
Discontinued
equivalents
(3) Other receivables actually written-off during the reporting period
129
devoted and
relevant regulations, shows an effectiveness internal control of financial report in all major aspects dated 31
103,070,564.47 220,046,480.14 -53.16%
with surplus
26,752,065.66 30,163,866.78
conversed to
Other explanation:
2. Changes of restricted shares
2015 2014
as determined based on shares or other equity instruments. If it becomes exercisable immediately following the
Item Current amount Last amount
the Period or not
carrying amount of the owners equity under the consolidated financial statements of the ultimate controlling
Reward of Annual Performance for Senior Executives, carry out evaluation on the management team members for operation works
The share-holdi
Applicable Not applicable
Li Huili 3,891,124 3,891,124
лг() 2015
Other 3,841,393.90 23,158.00 3,841,393.90
5. Investment gains
Applicable Not applicable
лг() 2015
expense
IX. Equity in other entity
Post-holding in other unit
its previously-held equity interest in the acquiree prior to the acquisition date and the amount of additional
Item Current amount Last amount
Item Ending balance Opening balance
where such policies should be open to any company satisfying conditions required and not specifically for certain
persons ruled in the Administration Norms for Information Disclosure of Change on
2. Usage in the
Accounting Standards) and Chinese GAAP (Generally Accepted Accounting Principles)
II. accumulated
(I) financial assets
2. increased in
Shenzhen Baifanghe
In RMB
assistant
5,271,000.00 5,271,000.00
Less: Non-operating expense 3,836,923.90 23,158.00
137
Nil
11.52%
Add: Changes
Non-operating
on Interpretation 5 on Accounting standards for Business Enterprises(CK(2012)No.19) and rule No. 51 of No.
I. Changes of shares held by directors, supervisors and senior executives
When the available-for-sale financial assets impair, the accumulated loss originally included in the other
Verification Arising from related
there is intention to complete the intangible asset for use or sale;
99.01 percent of the total advance payment at year-end
Yuan) Yuan) Yuan)
12. Inventory
recoverable amount of the asset group to which the asset belongs. The asset group is the smallest group of assets
control over the subsidiary is lost. If the said transactions belong to transactions in a basket, each transaction
The Company shall, as a joint venture, recognize the assets held and obligations assumed solely by the Company,
-77,069.23 -11,997.08
Applicable Not applicable
Development Co., Ltd. Shenzhen Guosheng Energy Investment Development Co., Ltd.
During the vest period, if the granted equity instruments are cancelled, the Company will accelerate exercise of
Disclosure details of audit report of
enjoy popular supports, bicycle industry has structural development opportunities. In 2015, the company has
The Company proceed on continue operating as a premise, according to the actual occurred transactions and
лг() 2015
(1) Purchase 222,222.22 122,831.69 37,723.39 382,777.30
Sales of bicycles
distribution of investee) shall be transferred to profit or loss for the current period on pro rata basis.
60. Retained profit
stock rights recovered
shares bonus (tax included) listed company in listed company bonus by other ways bonus by other ways
Foreign legal 12,293,85 12,293,85
Cash paid for purchasing
(5) Deductible losses of un-recognized deferred income tax assets expired on the followed year
8. Statement of Changes in Owners Equity (Parent Company)
interests of the Company. The actual situation of corporate governance structure was in accordance with the
balance
In case that preparation of consolidated financial statement involves overseas operation, and if there is foreign
Reinsurance payables
Combination Bad debt provision accrual
without resulted in control, the relevant cost for long-term equity investment shall be the aggregate of fair value of
and accessories 170,990,030.10 159,399,271.88 6.78% -19.37% -19.89% 0.60%
Applicable Not applicable
system; (4) violation of the laws, regulations, significant error in the financial
(1) Recognition basis and accounting policy for reportable segment
Management expense 5,391,566.14 14,108,887.56 -61.79% reserved by reorganization plan in last
43
Share-holding ratio Accounting
(3) Assets and liability resulted by long-term account receivable transfer and continuous involvement
or operating profit
Lease income in recognized in Lease income in recognized last
Kong Co., Ltd. foreign shares
Item Amount Note
Newspaper appointed for information disclosure Securities Times; Hong Kong Commercial Daily
capital)
values of the respective parts. The difference between the following amounts is recognized in profit or loss for the
1. Parent company of the enterprise
In RMB
provision
shall be made to the initial investment cost. Where the initial investment cost is less than the investors interest in
(4) Major restriction on using corporate assets and liquidate corporate debts
against which the deductible temporary differences can be utilised, except when both of the following conditions
148
VI. Particulars about the changes in aspect of accounting policy, estimates and calculation
26. Share-based payment
and recognized immediately in profit or loss for the current period.
minimum lease payment after deducting unrecognized financing expenses shall be accounted for long-term
reckoned into
temporary differences associated with investments in subsidiaries, associates and joint ventures, except when both
40
impairment occurred for assets, accrual relevant impairment provision in line with relevant regulations.
Income of Net profit of
Kong Na Director Due to work Yang Fenbo
Organization code 440361883045-2
Shenzhen China Bicycle Company (Holdings) Limited
Shenzhen ZhengYuan Liquidation Affairs Co., Ltd. as the custodians of the Company. Subsequently, Shenzhen
Li Huili 0.71% 3,891,124 0 0 3,891,124
Supervision Office, Deputy Manager of Sales Department, and Deputy Manager of Legal Affairs Department of
(1) Determination of fair values for financial assets and financial liabilities
and later, the Application Guide of Accounting Standard for Enterprise, the Accounting Standard Explanation and
(excluding specially run,
individually
combination combination combination
2015 2014 Note of major changes
Total 0.00 0.00 0.00 0.00
154
According to industries
foreign shares
(3) Identifiable assets and liability on purchasing date under the acquiree
(1) Account Receivable Withdrawal method on single significant amount and with bad debt provision
Development Co., Ltd. applied to Shenzhen Municipal Intermediate People's Court for reforming the Company as the Company
1. Capital reserves
Applicable Not applicable
Fair value Time of drops Amount with
top 10 un-restrict shareholders and top persons ruled in the Administration Norms for Information Disclosure of Change on
Industry development,
Ending balance Opening balance
decreased capital
113
Delegated administration/outsourcing
Category of education background Numbers (people)
Other explanation:
Nature of other Procedures Arising from related
share-based
according to (2012) Shenzhen Intermediate Court Po Zi No. 30 civil ruling. In late October, 2012, Shenzhen
Impairment of available-for-sale financial assets
108,089.35 108,089.35 -3,088,083.12 2,991,068.74 2,991,068.74 3,078,423.02
company and basis, determination of combination cost, amount and calculation on adjusted equity by equity transaction
2. Difference of the net profit and net assets disclosed in financial report, under both foreign accounting
processing cost and other expenses belongs to the inventory costs, and the expenses qualify capitalization of
(1) Advance payment by age
77. Foreign currency monetary items
and marketing
Other explanation:
Company. 3. On 13 November 2006, the 65,098,412 legal shears of CBC held by
on the basis of clear evidence obtained, and takes into consideration the purposes of holding inventories and effect
Shenzhen Municipal Intermediate People's Court ruled to accept the application proposed by Guosheng Energy
Commission.
According to industries
95.29 7.00 620.41 12
Explanation on other cash received in relation to financing activities
Accounts receivable 694,416.00
In 10 thousand Yuan
included in profit or loss for the current period when incurred.
for the period.
information that is obtained within 12 months after the acquisition date indicates that related conditions at the
in
minority shareholder paid by
Independ
Total 0.00 0.00 0.00 --
peoples living concept creates structural development opportunity for the bicycle industry. The Company will
their fair value. Except for designated as hedge instrument and high effective hedging instruments, the gain or loss
asset is available for use.
a financial asset that is not individually significant, the Group assess the asset individually for impairment or
uncertainties; (2) the grants be given based on financial support projects and fund management policies officially
Other explanation:
(4) Other receivables by nature
In combination, other accounts receivable whose bad debts provision was accrued by age analysis
when combining party obtained controlling rights from the combined party.
79. Other
shall be accounted for as a single transaction of disposing equity investment of subsidiary and loss of control. The
In combination, withdrawal proportion of bad debt provision based on balance proportion for other account receivable:
accessories
Approval of share changed
items which will not be reclassified
Financial assets at fair value through profit or loss
Companys share of commitment in relation to the Company purchase assets from joint operations.
Net cash flow arising from operating
Accounting policy and estimate are strictly in line with relevant regulations and laws.
interest, less the net assets attributable to the company since the acquisition date, is recognized as the investment
university degree from law school of Tsinghua University. And he is senior accountant, China Certified
income tax asset to be utilised, the carrying amount of the deferred income tax asset shall be reduced. Any such
regarded as a bundle of transactions. When the economic effects and terms and conditions of the disposal
transactions met one or more of the following situations, the transactions shall normally be accounted for as a
3. Amount
лг() 2015
assets by investors. Therefore, there is uncertainty in the ability of China Bicycle Company to continue as a going
realise the assets and liabilities simultaneously, in each future period in which significant amounts of deferred tax
2. Gains or losses arising
invested l Capital nsive or profit Impairme
1. Withdrawal of
The Company initially established the standard and incentive mechanism for open and transparent performance
Within one year 12,580,095.29 548.29
shares issued by the Company counted as 551,347,947 shares accumulated.
6
In combination, accounts receivable whose bad debts provision was accrued by age analysis:
(III) Profit
15. Investment property
45
currency monetary items that indeed constitute net investment in overseas operation, the exchange difference
19. Fixed assets
Other
assets
(1) Disposal or
end of the last year ,243.83 227.01 58.40 106.07
60
background departments to front desk business by strengthening the background management and office
Less: Balance of cash at year-begin 30,163,866.78 26,834,171.59
Shenzhen Intermediate Court Po Zi No. 30-1 civil ruling, appointed King & Wood (Shenzhen) Mallesons and
Over 3 years 100.00% 100.00%
The Additiona comprehe dividend
(2015 Revised) issued by CSRC to prepare financial statements.
profit: (1) General defect: less than or equal equal to pre-tax total profit of 3%, (2)
Other current assets
lawyers association. And now he is director of Guangdong Xingchen Law Firm, member of the CPPCC Shenzhen
with the standards in relation to judgment of a bundle of transactions in Notice issued by the Ministry of Finance
consideration.
equity settled share based payment, otherwise it shall be accounted for as cash settled share based payment.
equal to operating income of 1%, (2) Major operating income of 1%, (2) Major
Non-operating
Total 3,841,393.90 29,038.00 3,841,393.90
portfolio
V. Particulars of workforce
(3) Account receivable actual charge off in the Period
manufacturers has led to fierce market competition and intensified industry reshuffle. With China's social and
Item Ending balance Opening balance
Entrusting party/ trustee fee/outsourcing
reduction in amount shall be reversed when it becomes probable that sufficient taxable profits will be available.
after deducting non-recurring gains
Item Current amount Last amount
Appointment of internal control auditing accounting firm, financial consultant or sponsor
Applicable Not applicable
лг() 2015
Item Current amount
instruments
V. Net increase of cash and cash
(3) Accounting for share based payment concerning the Company, its shareholders or actual controllers
period
Short form of the Company
shareholders of the listed company
commodities, and
2. Surplus reserves
evaluation on directors, supervisors and management layer. The appointment of senior management staff was open
recognization amount.
the application proposed by Guocheng Energy according to (2012) Shenzhen Intermediate Court Po Zi No. 30 civil ruling. On the
In RMB
11. Mr. Li Jialin, born in 1961, a master degree with a title of senior engineer. He successively served as senior
liability (including a group of financial assets or financial liabilities). The effective interest is the rate that
(1) Listed by nature
лг() 2015
fixed assets acquired under finance leases, the basis for provision of leased assets depreciation is the same as that
investment and total face value of the shares issued shall be used to offset against the capital reserve. If the capital
loss over the useful life of the asset.
and accessories 170,990,030.10 159,399,271.88 6.78% -19.37% -19.89% 0.60%
Causes n (10 (10 Interest rate (10
4. Contact of related credit and debt
лг() 2015
In Share
charged to shareholders equity. The Group does not recognize any changes in the fair value of equity
the balance of the acquired initial cost of asset, after deduction of the principal recovered, amortized amounts,
Cash received from investment
Total 7,025,026.01 115,592,208.06
(2) Inventory depreciation reserve
stock capita
Continuous life of auditing service for domestic
In RMB
49. Special payable
the intangible asset can produce economic benefits, including there is evidence that the products produced using
Income tax measured by statutory/applicable tax rate 0.00
Net amount of expense of
After recognition of the impairment loss, if there is objective evidence showing recovery in value of such financial
distribution after translation. The exchange difference arising from translation of assets, liabilities and equity items
cost of debt instrument
ratio ratio
Including: Operating income 170,990,030.10 212,070,585.77
In RMB
authorities by laws. Under these plans, the Company makes monthly contribution to these plans based on 14% and
ation year
Value added tax 17%
Perpetual capital
beginning of this 58,126.
arising from changes in fair value shall be recognized into related period profit or loss on the basis of accounting
26,752,065.66 30,163,866.78
80
requirements of tax laws.
equity provision
Main operation
8. Financial assets and liability not measured by fair value
Loan and account receivable
II. Balance at the 551,347, -1,203,6
reserve is insufficient to offset, the retained earnings shall be adjusted. For business combination resulted in an
Amount of fair value
119
156
First quarter Second quarter Third quarter Fourth quarter
Amount of significant defects in financial
Applicable Not applicable
revenue y-o-y y-o-y ratio y-o-y
In RMB
law business of intellectual property commission of Guangdong lawyers association, director of civil law business
(ii) Diluted earnings per share -0.0004 0.0051
production of a qualifying asset, when expenditures for the asset and borrowing costs are being incurred, activities
No changes of actual controllers for the Company in reporting period.
rules and Chinese GAAP (Generally Accepted Accounting Principles)
Derivative
67
In RMB
Disclosed hedging items and relevant hedging instrument based on hedgings category, disclosed qualitative and quantitative
Industry Co., Ltd. and Shenzhen Solar Pipe Co., Ltd., he worked in the Company since May 1999, and
No leasing for the Company in reporting period
economic benefits will flow into the enterprise; the completion schedule of the transaction can be reliably
Other explanation:
recognized as liabilities at the fair value of liabilities portion. The actual amount received less fair value of the
conversed to
Worki held at Other held at
We believe that we have obtained sufficient and appropriate audit evidences to provide a basis for our audit
remuneration of directors, shareholders approves compensation standard and allowance of independent directors. According to the
Total 0.00 0.00 --
investment and the actual consideration paid is recognized through profit or loss in the current period.
Item
Embankment expenses 4,198.63 4,198.63
appointed to measure at
with bad debt 845,449. 449,925. 395,523.7 961,528 450,273.9
162
statements shall be allocated to the asset groups or group of assets benefiting from synergy of business
Equity instrument Debt instrument
restructuring side and other commitment subjects
Contingent liability of the combined party bear during combination:
Amount Book value Amount Book value Amount Book value Amount Book value
29. Deferred income tax assets and deferred income tax liabilities
Net assets attributable to
Including: Disposal gains of
Share-holding ratio of Gains/losses attributable Ending equity of
Travel expenses 601,963.66 479,398.60
Whether lost controlling rights while dispose subsidiary on one time or not
entering into finalized disposal agreement).
(4) Constitution of cash and cash equivalent:
losses already incurred, the grant shall be recognized immediately in profit or loss for the current period.
Other explanation
Other explanation:
business license and being forced the closure restricted industry exit, canceling
office
33 Accounting standards for Business Enterprises C Consolidated Financial Statement (Refer to note IV 5(2)).
adjustment for data audited by foreign auditing organ, noted the name of such foreign organ
62. Business tax and surcharge
лг() 2015
Accrual Accrual Book value
In RMB
0
Nature of other Verification Arising from related
non-current non-financial assets such as fixed assets, construction in progress, intangible assets with a finite useful
(4) Other receivables by nature
Operating income (RMB) 170,990,030.10 212,070,585.77 -19.37% 271,111,736.07
In RMB
2. Balance Sheet of Parent Company
scrap
Quantitative standard
4. Housing accumulation
future cash flows expected to be derived from the asset. An assets fair value is the price in a sale agreement in an
Section VI. Changes in Shares and Particulars about Shareholders
Income Cost Income Cost
management, as well as evaluating the overall presentation of the financial statements.
Net after-tax of other comprehensive
Session of meeting Type Date Date of disclosure Index of disclosure
Other current assets 209,155.59
in the same year for implementing the major reorganization should be no less than 200 million Yuan. The
contractual obligation to deliver varied numbers of own equity instruments for settlement provided that the
3. Sales return
year (Decrease is 5.58 81 4.75
current period at the time such expenses incurred.
accumulated impairment loss provision and amortized using the straight-line method over its useful life when the
Total 1,400,000.00 1,389,620.27 10,379.73 1,400,000.00 1,389,620.27 10,379.73
(1) Long-term account receivable
Superviso ntly
Nature of Procedures Arising from related
borrowing costs condition. Determined the amount for inventory by perpetual inventory system.
(2) Depreciation reserves of goodwill
financial asset, whether the financial asset is individually significant or not, the financial asset is included in a
Land use right acquired shall normally be recognized as an intangible asset. Self-constructed buildings (e.g.
Nil
Total 0.00 --
(1) Income from goods sales
00 73
investors in the restructuring plan with expectation to restore its ability to continue as a going concern and its
0.00
intangible and other long-term assets
3. Difference of the accounting data under accounting rules in and out of China
лг() 2015
profit or loss for the current period, and the cost of the long term equity investment shall be adjusted accordingly.
(II) Other comprehensive income
Main business 32,692.31 32,051.28
aggregate of minimum lease receivable, initial direct costs and unsecured balance and the different between their
1.Opening
Yang Fenbo Fawer Auto Parts Co., ltd. 2013-03-25 2016-03-24 Yes
59,059.30 842,625.16
investing activities
Company Amount reversal or collected Collection way
5 Supplier 5 10,961,817.09 6.88%
Subtotal of cash in-flow from
arising from movement of exchange rate shall be included in other comprehensive income, and transferred to
Total 5,316.96 420,023.66 420,023.66 5,316.96
Unit Ending balance Lending rate Overdue time Overdue rate
Item Ending balance Opening balance
(Share) (Share)
Total preference
shares
shareholders; majority shareholder Guosheng Energy donated 5,390,399.74 Yuan.
Financial asset that satisfied any of the following criteria shall be derecognized: the contract right to recover
93
provision provision
business combination nor affects accounting profit or taxable profit (or deductible loss) at the time of the
rates that are expected to apply to the period when the asset is realised or the liability is settled, according to the
brokerage Co., Ltd.
parent company for this year
1.2%
Cash received from interest,
or profits declared by the investee.
accordingly. For remaining equity interest which cannot apply common control or impose significant influence
Long-term account payable
Retained profit at period-begin after adjustment -1,199,952,070.17 -1,204,837,748.73
41. Other payable
investment
Total non-current asset 4,861,972.74 5,303,958.92
activities
Company held with specific intention and ability.
Productive biological assets
Explanation on share-holding ratio in subsidiary different from ratio of voting right:
technology
Asset depreciation
Nil
recognized in profit or loss for the current period, except for (i) those attributable to foreign currency borrowings
2. Capital invested
Cash flow Cash flow
28. Revenue
Ratio of investor
capital (share
Surplus reserve 32,673,227.01 32,673,227.01
Non-patent
commodity under
Total 0.00 0.00 0.00 --
Salary 3,341,944.77 4,776,645.93
24. Employee compensation
balance
Measurement mode
VIII. Examination and incentives of senior management
increased awareness of green commuting, leisure and exercises creates structural development opportunity for
лг() 2015
Reasons for changed on consolidation range (such as new subsidiary established, subsidiary liquidated etc.)And relevant information
лг() 2015
XVI. Other important events
equivalents at the period -begin
d under change nt
to employees, the Company will continue account for the services obtained as if such amendment had never
(2) internal R
5. Cash flow
(5) Category and measurement of financial liability
Information of top five clients of the Company
1. Important commitments
Amount of important defects in financial
be based on the best available information. Costs of disposal are expenses attributable to disposal of the asset,
5. Limitation and reducing the holdings of shares of controlling shareholders, actual controllers,
In RMB
current profits and losses
accrual by credit .00
balance Less : income parent minority balance
business stop of etc. General defect: other or penalty, and being ordered to suspend
monopolized
Net cash received from disposal of
3. Share-based payment settled by cash
Section III Summary of Company Business
Other explanation
(1) Deferred income tax assets un-offset
subsidiaries and other units
Total 0.00 -- -- --
completion, the estimated costs necessary to make the sale and relevant taxes. Net realisable value is determined
activities
Item Current amount Last amount
3. The major non-equity investment doing in the reporting period
Accounts receivable 9,195,296.32 6,790,982.50
We bring to the attention of the users of the financial statements, as stated in note XII-1 of the financial statements
Disclosed, released or let out major undisclosed
(1) Income tax expense
(2) Related trusteeship/contract and delegated administration/outsourcing
information center.
In combination, withdrawal proportion of bad debt provision based on other methods for other account receivable
Shenzhen Guomin Investment Development Co. Ltd. and deputy general manager of Administration Center of
of operating income; 3. Potential loss or more than 3% of operating income; 3.
During the reporting period, the Company was strictly in accordance with the "Company Law", "Securities Law"
on combination day, obtained controlling rights from other participant enterprise. Combination day is the date
III. Increase/
sustainable operation and sustained profitability by reorganization. The conditions of introducing the
investment as available-for-sale financial
Commission charge and commission
(2) Important overdue interest
19
Opening
Applicable Not applicable
disposed according to the proportion of disposal.
capital Preferre reserve nsive le reserve reserve d profit
Curre
Accounting records of the Company is based on accrual basis in line with relevant regulations of Accounting
3. Expenses
Post-holding
(2) Account payable with over one year book age
Including: Medical
2. Accounting period
2. Enterprise combined under the same control
activities
Item Book value Reasons
2) Financing lease business with the Group recorded as lessor
owners equity with
perpetual capital securities that classify as financial liability)
rates prevailing at the dates of the transactions, except when the Company carries on a business of currency
Changes of other equity instrument, change reasons and relevant accounting treatment basis:
In RMB
a true and completed financial status of the Company dated 31 December 2015 and operation results and cash
(4) Recognition and measurement of transfers of financial asset
If a government grant is in the form of a transfer of monetary asset, the item shall be measured at the amount
obtained from the disposal, the recognition of it as an investment property shall be terminated. When an
No contract for the Company in reporting period
Industry Co., 1 07
Financial guarantee contracts and loan commitment
Employee in-post of the parent Company (people) 8
158
vest period or satisfaction with the required performance conditions for exercising right, the amount of the fair
Owners equity attributable to parent company
Divided into assets held for sale
date purchasing
learn from the successes and failures of social e-commerce suppliers, and carry out the e-commerce business
capital
(3) Depreciation reserves accrual
51. Deferred income
continuous profitability through the restructuring of assets.
control, joint control or significant influence over the investee. Long-term equity investment without control or
(6) Account receivable with government grants involved
The Company has solved the debt problem by reforming, realized the net assets with positive value, the main business of bicycle is
relevant part of the movement arising from re-measuring net liabilities or net assets under defined benefit scheme
Other explanation:
Item Accrual Amount Reasons
2. Opening
3,870,972 3,870,972
Equity instrument Debt instrument
foreign shares
Gains/losses from debt reorganization 49,342,739.18
balance recognize equity Other balance impairme
In RMB
Nil
Changes of
value of the asset or disposal group prior to being classified as held for sale, based on the amount adjusted with
According to products
Borrower Ending balance Overdue reason
10. Financial instrument
In combination, withdrawal proportion of bad debt provision based on other methods for other account receivable:
expense.
лг() 2015
лг() 2015
3. Gains or losses arising
Period
Increase in the current period Decrease in the current period
Explanation on related trusteeship/contract
Total -- 0.00 -- --
senior executive
Reasons of withdrawal bad debt provision for single item Clearly evidence shows that the account hard to recover
лг() 2015
Serial Name Purchase (RMB) Proportion in total annual puechase
Industrial Co.,
On disposal of the entire owners equity in a foreign operation of the Company, or upon a loss of control over a
charge, agency fee and three Meetings 5,588,378.31 5,033,523.00
In RMB
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
59. Surplus reserves
New
In RMB
In RMB
Shenzhen
cash flow hedging instruments
Nil
25. Accrued liabilities
Cash and cash equivalent including stock cash, savings available for paid at any time and the cash held by the
custodian at the same
45.05% 0 45.05%
(2) About the industries, products, or regions accounting for over 10% of the companys operating income
owners (or
3.DecreasedAmount
In RMB
other employee incentives
272,334.51 143,838.35 121,934.11 -676,462.55
In RMB
1. Capital reserves
Outstanding Period-begin Increase during the year Decreased Period-end
If the settlement entity is an investor of the service-acceptance entity, the transaction is recognized as long term
Ending balance Opening balance
In RMB
Less: Impact on income tax 92,300.27 3,664,078.56 92,393,298.62
Amount of value-added tax and sales tax
Ltd.
When the control over a subsidiary is ceased due to disposal of a portion of an interest in a subsidiary, the fair
the control power over the acquiree. The direct cost, of the business combination including the expenses for audit,
Other explanation:
Total year-end balance of top five receivables by arrears party amounting to 8,267,969.20 Yuan, takes 76.45
The invested entity Opening balance Increased Decreased Ending balance impairment
Changes of
Applicable Not applicable
equity instrument
Total 0.00 0.00 0.00
Including: Disposal loss of
income tax arising from a business combination, which is adjusted against the carrying amount of goodwill.
RMB common
deferred tax assets due to non-fulfillment of the recognition criteria at the date of the acquisition, if new or further
-1,206,4
Book balance Impairment Book value Book balance Impairment Book value
The Company had no preferred stock in the Period.
Long-term equity investments accounted for using the cost method
Subsidiary distribute for minority in
Explanation:
Investment income (Loss is listed
Main business 169,765,416.68 158,247,892.61 206,787,455.39 194,455,356.12
Bonds payable
Including: Foreign legal
The Company treats investments in joint ventures by using the equity method of accounting in accordance with
-163,162.92 282,260.19
Government grants reckoned into current gains/losses:
investment activity
Depreciation or amortization method
Cash received from original
representative adn president of the Company.
Lessee Assets type
asset. For buildings and structures purchased, the purchase consideration shall be allocated among the land use
d stock income
482,580,588.23 482,580,588.23
Total -- 390,100.00 -- 46.14% 300,270.30
capital)
Error
(2) Difference of the net profit and net assets disclosed in financial report, under both foreign accounting
лг() 2015
the development of the intangible asset, and there is capability to use or sell the intangible asset;
3. Cooperative enterprise and joint venture
Cao Fang Shanghai Branch of Life Insurance Deputy GM 2012-03-01 Yes
the long-term equity investment before merging and the carrying amount the additional consideration paid for
Engineering material
debt provision 9,591,99 1,374,95 8,217,039 8,101,9 1,310,937 6,790,982.5
No non-operational fund occupation from controlling shareholders and its related party in period.
2016-04-25
General Meeting (for
value is included in relevant cost or expense under straight line method based on the best estimate on the number
54.02
3. Actual controller of the Company
лг() 2015
I. Joint venture
Net cash received from reinsurance
capital (share
(1) Accounting treatment for short-term compensation
Explanation on advice that accepted/not accepted from independent directors
provision accrued
Applicable Not applicable
In RMB
Machines and equipment Straight-line depreciation 10 10% 9%
Yuan) Yuan) Yuan) Yuan) Yuan)
credit portfolio
Section V Important Events .......................................................................................................... 27
and bad debts 11.31% 20.00%
defect: less than or equal to 1% of total assets: (1) General defect: less than or
Other explanation:
contract terms from 21 September 2014 to 19 September 2018with floor areas of 681.34 m2; In line with the
Investment property refers to real estate held to earn rentals or for capital appreciation, or both. Including the
subsidiaries
of its own professionalization, informatization, and manufacturing miniaturization, intensifies the adjustment of
securi
5. Consolidated Cash Flow Statement
3. Remedying loss
Total liabilities
Other
Total owners equity 13,390,231.32 13,496,106.07
29. Government Grants
Other explanation
Share based payment refers to the transactions involving grant of equity instrument or assume liabilities as
77
Nil
(IV) Carrying
Whether Current
In RMB
inventories to be written down below cost no longer exist so that the net realisable value of inventories is higher
from the acquisition date. The cost of combination and identifiable net assets obtained by the acquirer in a
effect of exchange rate changes on cash is presented separately in the cash flow statement.
industry. The new standard of electric bicycle industry and the uncertainty of its launch time have also caused a
Name Sun Longlong Cui Hongxia
identifiable assets and liability for the acquiree are un-able to confirm rationally
conversion. Upon the conversion, the property shall be stated at the carrying amount prior to the conversion.
defect: more than pre-tax total profit of profit of 3%( and absolute amount more
securiti
(3) derivative financial
the Public --- Extraordinary Profit/loss
In case that preparation of consolidated financial statement involves overseas operation, and if there is foreign
Management of the Company is responsible for prepare and present financial statement of the Company, which
life, investment properties measured at cost, and long-term equity investments in subsidiaries, joint controlled
лг() 2015
Sponsor engaged by the Company for performing continuous supervision duties in reporting period
1.Common shares
Cash paid for original insurance
Current accrual 0.00
47 47
1. Previous accounting errors collection
investing activities
is disposed of.
XXI. Issuance of corporate bonds
as well as "Listing Corporation Management Standards" and other relevant laws, regulations and normative
Independent
Nil
Withdrawal method on single significant amount and with bad
лг() 2015
When the business combination is regarded as a bundle of transactions, the accounting treatment for the
This Period
other relevant regulations(together as Accounting Standards for Business Enterprises) as well as the Information
The conditions of introducing the recombination party includes: the assessed value of net assets should be no less than 2 billion Yuan,
government grants so measured should also satisfy the following conditions: (1) the amount of the grants be
Including: Disposal loss of
Nil
The Company separate business, personnel, assets, institute and finance with largest shareholder or other related parties, owes
equity instruments
Total Whether
4.Ending
instrument/ amortization 0.00
Yes No
Person in charge of Accounting Institution: Zhong Xiaojin
of etc. Major defect: (1) indirect impact on business license and being forced the
office
1) Operating lease business with the Group recorded as lessee
Other receivable bad debts provision Accrual ratio
Amount of significant defects in
III. Total shares 100.00% 0 100.00%
services
adjusted if the new or additional evidences of adjustment to contingent considerations emerged within 12 months
Custodian (employee claims) 2,360,640.00
I. Changes in Share Capital
financial statements. The selective audit procedures depend on auditor's judgment, including the evaluation of the
Impairment test method and impairment provision method in relation to investment property is detailed in note
cost price and last for over three years.
Taxes paid 1,050,776.71 93,606,825.19
Balance of impairment
11
department, manager of enterprise management department, now he serves as secretary of the Board and manager
(2) Bad debt provision accrual, collected or reversed
лг() 2015
Development
Expected disposal
period 00 75
Subtotal 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
лг() 2015
Reasonable reserve
the fair value of which cannot be measured reliably and derivative financial assets related to the equity instrument
43. Non-current liability due within one year
3. Business cycles
reporting entity. Business combination including enterprise combined under the same control and business
Increase/decrease
reserves (share premium) is not enough for deducted, adjusted for retained earnings.
Reasons for share changed
Other explanation:
are recognized as other comprehensive income, except for impairment loss and exchange differences arising from
investment property is sold, transferred, retired or damaged, the amount of proceeds on disposal of the property
of exercisable equity instruments during the vest period. If it becomes exercisable immediately following the
1. Ending fair value of the assets and liabilities measured by fair value
Accrual bad debt provision 0.00 Yuan; collected or reversed 0.00 Yuan.
Independ ntly
Accounts payable 294,300.00
surplus reserves
Book balance Book value Book balance Book value
In RMB
IV. Balance at the 551,34 -1,200,0
Domestic nature
expenses
which will not be reclassified
Notes of major changes
Applicable Not applicable
Appointed and
Chen Shujun Shenzhen Guangshen CPA 1998-01-01 Yes
8,208,908.80 24,682,497.75
Consulting company restructuring
director
Cash received from issuing bonds
Accounting for discontinued operation is set out in note IV-13 classified as assets held for sale.
Net cash flow from
(2) Productive biological assets measured by fair value
income
Name recognized in the Period (or net
Applicable Not applicable
35. Account payable
Add:
Applicable Not applicable
947.00 10.12 7.01 .98
Other cash received concerning
(III) Profit
136
Nil
Commission charge and
proceedings terminated. Meanwhile, makes greater efforts to develop and research the new products,
development of the companys bicycle business has completed the basic layout, Emmelle flagship stores have
Acquisition of minority interest
assets
and fittings
expense
An intangible asset is an identifiable non-monetary asset without physical substance owned or controlled by the
0 0.00% 0 0 0.00%
In RMB
In RMB
Explanation on other cash received in relation to operation activities
Total 0.00 0.00
Name of the Company (in
72. Other comprehensive income
un-restrict shareholders and between Company has no idea of whether other circulated shareholders belong to concerted action
2. Capital invested
amount the transaction amount
receiving the actual consideration paid for the investment or the declared but not yet distributed cash dividends or
For perpetual bonds and senior shares classified into equity instruments, their issuance (including refinancing),
carry out the unaccomplished matters related to the reorganization proceedings.
4.Ending
55. Capital reserve
subsequently to profit or loss
Tel. 0755-25516998,28181666 0755-25516998,28181666
(2) Receivables with bad debt provision accrual by credit portfolio
Book
Contact in loss is identified when the inevitable cost for performance of the contractual obligation exceeds the
Combination cost
Domestic natural persons
the long-term equity investment shall be the absorbing partys share of the carrying amount of the owners equity
transaction in obtaining control. If they are not belong to transactions in a basket, the initial investment cost of
bundle of transactions: (i) The transactions are entered into after considering the mutual consequences of each
Other explanation:
hedging for net investment of overseas operations (this difference is included in other comprehensive income until
69. Non-operation revenue
balance balance funds
Chen Shujun Shenzhen Chiwan Base Co., Ltd. 2013-05-20 Yes
2011, controlling shareholder of Shenzhen Guosheng Energy Investment Development
Administration expenses
(4) Gains or losses arising from re-measured by fair value for the equity held before purchasing date
after disposal also accounted for using equity method, other comprehensive income previously under owners
Applicable Not applicable
On the beginning date of the lease, the entry value of lease receivable shall be the aggregate of minimum lease
(VI)Others 54.02 54.02
reserve
3. Other
immediately in profit or loss for the current period.
Other than the financial instruments which can be classified as equity instruments under the above conditions,
grants are classified into government grants related to assets and government grants related to income.
companies; (3) the date of payment be specified in related documents and the payment thereof be covered by
Nil
121
II. Non-persistent measure -- -- -- --
instruments, cash flow discounting method and option pricing models.
exchange loss 0.41 -18.12
securi
XII. Related party and related transactions
Reasons for y-o-y relevant data with over 30% changes
IV. Balance at the 551,34 -1,199,9
лг() 2015
In respect of long-term equity investment accounted for using equity method with the remaining equity interest
Industries Item Ratio in operation Ratio in operation
of the consolidated and parent companys as of December 31, 2015, and its operation results and cash flows for
Paid the 2014 operating expenses
Explanation on share-holding ratio of minority different from ratio of voting right:
director in
Ratio in total ending
III. Cash flows arising from financing
Monetary funds 26,752,065.66 30,163,866.78
director
The company is engaged in the main business for the bicycle business, including production, assembly, procurement, sales of bicycles
Explanation on top 10 shareholders
The total number of current employees (people) 54
Received
In RMB
confirmed with competent authorities in written form or reasonably deduced from related requirements under
assets or liabilities but have a tax base that can be determined according to tax laws, shall be recognized as
Li Hai, Principal of the Company, Sun Longlong, person in charge of accounting
The Company has been engaging in the electric bicycle business since 2002. After going through the rapid
Item Investment cost Ending fair value declined relative persistently impairment
3. Assets replacement
8
81
operations expenses and office expenses
Nil
shares
134
As a member in traditional manufacturing field, bicycle industry has continued the predicament of increases in
accounted for using equity method which
11,239,769.85 17,898,626.22
Ending balance Opening balance
the financial assets is acquired or incurred principally for the purpose of selling it in the near term; B. the financial
concurrently satisfy: The relevant amount of revenue can be reliably measured; it is probable that the
Applicable Not applicable
Peoples Congress, government procurement review expert of Shenzhen Municipal Finance Committee, Science
(1) Intangible assets
Balance of cash at period end 26,752,065.66 30,163,866.78
individual transactions before loss of control shall be recognized as other comprehensive income, and reclassified
items which will be reclassified
positive but no plan of cash dividend proposed of common stock
Other business 1,224,613.42 1,151,379.27 5,283,130.38 4,509,309.53
establishes for acquisition of subsidiary through disposal.
policy
IV. Balance at the 551,347, -1,203,8
shareholders)
right and the buildings on a reasonable basis. In case there is difficulty in making a reasonable allocation, the
Accrual bad debt provision 0.00 Yuan; collected or reversed 39 Yuan.
Other explanation
7. Joint arrangement classification and accounting treatment for joint operations
Sales of bicycles
In RMB
(2) Combination cost and goodwill
nformation of top five suppliers of the Company
commodities and receiving labor 80,757,205.50 96,445,270.32
IV. book value
Ending balance of Trade-off between the Opening balance of
(1) Category
7. Major transaction and events makes influence on investors decision
1. Monetary fund
Total 2,200,000.00
long-term equity investment which was compared to fair value of identifiable net assets recognized which are
Applicable Not applicable
Capital public reserve 627,834,297.85 627,834,243.83
Ending balance Opening balance
ct
Other explanation:
payment
(IV) biological assets 0.00
translation of financial statements will attributable to minority interests and will not recognized in profit or loss.
evidence that financial assets are impaired.
лг() 2015
лг() 2015
42
лг() 2015
Total 0.00 0.00 0.00 0.00 --
Non-monetary items denominated in foreign currency that are measured at fair value are translated into the
In the reporting period, the Company had no commitment that the company, shareholders, actual controller, offeror, directors,
The opening balance and the prior years figures are presented according to the translated amounts of the prior
VIII. Changes of consolidation range
Section III Summary of Company Business .................................................................................. 9
Item Current amount Last amount
Bad debt provision accrual was 24,044.34 Yuan; the amount collected or switches back amounting to 348.24 Yuan
incurred in connection with the arrangement of borrowings, and exchange differences arising from foreign
Applicable Not applicable
For a financial asset that is individually significant, the Group assesses the asset individually for impairment. For
Opinion type of auditing report of
2015 Telephone communication Individual
terms expired or contract terminated by two parties.
(1) Disposal
45 years 100.00% 100.00%
accounted in the current
3. Other
financial
flow to the Group and its cost can be measured reliably. All other expenditures on investment property shall be
Other receivables 12,579,547.00 13,714,033.12
Cash received from loans
Increase/decrease
Process of impairment testing, parameter and recognition method for impairment losses:
The conditions of introducing the recombination party includes: the assessed value of net assets should be no less than 2 billion Yuan,
further expand new markets, and support new customers.
reports
4. Co-runs operation
Impact items of statement
for termination of employment. The salaries or wages and the social contributions to be paid for the employees
As a secured party for the Company
Category of professional composition Numbers of professional composition (people)
Total 0.00 --
Formulation, Implementation and Adjustment of common stock Profit Distribution Policy Especially Cash Dividend policy during
Financial assets available for sale
period-end without depreciation reserves accrual
RuihuaCertified Public Accountants (LLP) issued qualified audit opinions with explanatory notes for the internal
In RMB
Curre
non-current asset
economic development and transformation of people's life concept, green travel, leisure and exercise awareness
that the reorganization plan of CBC was completed and bankruptcy procedures of CBC closed down.
Cash received from loans
This Period
are recognized in other comprehensive income and is shown separately under shareholders equity in the balance
Basis of the voting rights with 20% below but with major influence, or without major influence but with over 20% (20% included)
reaches condition for planned use. When construction in progress reaches condition for planned use, it shall be
income) are included in profit or loss for the current period, except for: recognized as other comprehensive
1.Common shares
3. Remedying loss
Nil
decreased capital
non-financial reports
In RMB
active market nor a reliably measured fair value and are required to be settled through that equity instrument.
being sentenced to a fine or penalty, and documents, resulting in investigation of
by holders of other
лг() 2015
shares 82 82
Projected liabilities
Item Ending balance Opening balance
participating in the combination is the acquiree. Acquisition date refers to the date on which the acquirer
Subsidia Non-curr Non-curr Non-curr Non-curr
Increase/decrease Increase/decrease Increase/decrease
6. Sustaining items measured by fair value, as for the conversion between at all levels, reasons for
Total 26,752,065.66 30,163,866.78
In combination, accrual bad debt provision with percentage of receivables:
Changes of outstanding preferred stock and perpetual capital securities at period-end
33. Major accounting policy and changes
within one year, then the non-current asset would be calculated as non-current asset held for sale which would be
In RMB
Measurement, which are detailed in Note IV 13 Long-term equity investments or Note IV 9 Financial
Reasons for absent Trustee
Total liabilities and owners equity 45,869,094.97 51,489,647.55
Item or the invested Impairment (Y/N) and
(3) Other explanation
separately in the balance sheet and shall not be offset.
bankruptcy legal person
Before the Change Increase/Decrease in the Change (+, -) After the Change
ANNUAL REPORT 2015
Type of shares
Purchasing and storage for the inventory are priced at actual costs, inventory cost including purchasing cost,
22. Disposal of fixed assets
Items Refers to Contents
decreased capital
In RMB
couldnt pay off the matured debts and was seriously insolvent. On 12th, Oct., 2012, Shenzhen Municipal Intermediate People's Court
Subsidiary
amounting as 1,196,764.45 Yuan.
(3) Basis for determining net realisable value of inventories and provision methods for decline in value of
asset or liability by investee at the time when equity method was ceased to be used. Movement of other owners
Government grants are transfer of monetary assets or non-monetary assets from the government to the Group at
(1) Goods purchasing, labor service providing and receiving
32. Financial liability measured by fair value and with its variation reckoned into current gains/losses
financing activities
value:
4
лг() 2015
Custodian (2013 annual income tax) 92,388,206.44
Property right and controlling relationship between the actual controller and the Company is as follow:
not applicable to depreciation or amortization since the date of classification as asset held for sale, and would be
4. English version of the Annual Report 2015
term. The initial direct cost where the amount is larger is capitalised when incurred, and accounted for as profit or
Foreign legal
Other explanation
(3) Net cash received by disposing subsidiary in the Period
Upon the preparation of the consolidated financial statements, since acquisition of minority interest increased of
Impairment testing for the receivables independently with single
1. Net profit adjusted to cash flow of
same ultimate controller or under the same controller, the control is not temporary. The combining party is the one,
ruling. In late October, 2012, Shenzhen Municipal Intermediate People's Court ruled to reform the Company since 25th, Oct., 2012
Securities 1.15% 6,348,670 6348670 0 6,348,670
Applicable Not applicable
value
(2) Land use right without certificate of title completed
Unit in note of financial statement refers to CNY: RMB (Yuan)
10 shareholders Shareholding of Shareholders of Listed Companies.
correction of the
end of the last year 947.00 43.83 7.01 58,126. .13
period of last year
Applicable Not applicable
In RMB
лг() 2015
Other explanation:
Total 0.00 0.00 --
627,834 32,673, 1,592,7 13,496,
(3) Deferred income tax assets and deferred income tax liabilities listed after off-set
Ending balance
Deferred income tax liabilities
income attributable to minority
Other explanation:
Other
Ratio of the intangible assets from internal R&D in balance of intangible assets at period-end
XI. Bankruptcy reorganization
than one annual accounting year. The company adopts Gregorian calendar as accounting period, namely form each
(4) Create conditions in terms of human, finance, and materials, etc., continue to build a comprehensive
with disposal of this kind of assets, and the Company has already made resolution on disposal of the non-current
Nil
1.Common shares
payment for goods 300,000.00 Over 3 years 35.48% 300,000.00
arising on translation of foreign currency
Chen Shujun Funde Insurance Holding Co., Ltd. 2015-07-01 2018-07-01 Yes
2016-04-25
In RMB
Capitalization of borrowing costs shall be suspended during periods in which the acquisition, construction or
2. Share of the other
t issued
combined the combined
For hybrid instrument with embedded derivatives, where the hybrid instrument is not designated as a financial
date or the fair value of assumed liabilities, with recognition of capital reserve (other capital reserve) or liabilities.
Business income tax Taxable income
during a comparison
Total 308,276.93 89,066.31 47,988.32 11,997.08
2. Opening book 192,932.68 360,015.16 221,014.00 773,961.84
Market sales phase expenses as
Applicable Not applicable
Reasons of major difference between the cash flow of operation activity in report period and net profit of the Company
Item Related party
Nil
Guosheng Energy 6,500,000.00 Interest-free loans
(IV) Carrying
0.00
(1) Bonds payable
Item Ending balance Opening balance
III. Company Profile
the Company as the Company couldnt pay off the matured debts and was seriously insolvent. On 12th, Oct., 2012,
according to the law. On 5 November 2013, the Shenzhen Intermediate Peoples Court (2012) Shen Zhong Fa Po
In RMB
probable that sufficient taxable profits will not be available in future periods to allow the benefit of the deferred
the 9th session of Guangdong lawyer association, vice president of the 5th and the 6th session of Shenzhen lawyers
(ii) Owners
statement under the net profit line item. When the amount of loss for the current period attributable to the minority
accordance with the Groups documented risk management or investment strategy, and information about the
53. Share capital
(2) Explanation on foreign operational entity, including as for the major foreign operational entity,
investment; when the business combination is not regarded as a bundle of transactions, the accounting
Item Amount derecognition at period-end Amount not derecognition at period-end
2014 0.00 4,885,678.56 0.00 0.00%
attributable to minority shareholders
Total 100.00% 548.29 100.00% 587.29
In RMB
(1) Classification of long-term loans
0.00
(5) Financial or other supporting provided to structuring entity that included in consolidated financial
3. Other
reserve
Current income tax expense (current income tax income) and deferred income tax expense (deferred income tax
28
Other explanation:
except for the aforementioned items
voting rights hold:
31. Lease
Shenzhen Anjinheng
EMMELLE and various electrical bicycles.
Applicable Not applicable
The early retirement plan shall be accounted for in accordance with the accounting principles for compensation
Straight-line depreciation 5 10% 18%
2. Gains or losses arising
In RMB
Expiation on associated relationship or Li Huili, the spouse of actual controller Ji Hanfei, holding B-share of the Company on
organ) makes written resolution that the buildings are to be used for operating lease and the holding purpose will
They include financial assets held for trading and financial assets designated as at fair value through profit or loss
this transaction attributable to other parties of joint operations before these assets are sold to the third party. If the
лг() 2015
3. Overseas listed foreign
(2) Deferred income tax liabilities un-offset
26
Domestically
Category Financial Reports Non-financial Reports
surplus reserves
Disclosure Rules of the Company who Publicly Issues Securities No.15General Rules of Financial Report
1. Introduction
The company had no entrusted loans in the reporting period.
that the carrying value of the financial assets upon reversal will not exceed the amortized cost as at the reversal
official Wechat, mutual benefit alliance, etc., and have achieved positive results, sustainable development ideas
Emmelle Industrial 1,400,000.00 1,400,000.00 1,389,620.27
capital Other shares equity
accounting and person in charge of accounting organ;
Securities Hong 0.70% 3,870,972 3870972 0 3,870,972
management standards the Company issues annual performance salary.
Guizhou University; from Jan. of 2002 to Jan. of 2006 she acted as lawyer in Guangdong Yunsheng Law Firm;
3. Amount
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
(1) To continuously promote restructuring while in active cooperation with shareholders and the Board.
Applicable Not applicable
and supplying replacements, and labor
Net after-tax of other comprehensive
reserve
Lessor Assets type
лг() 2015
stockholders of the Company
balance sheet separately as current assets. For liabilities in disposal group relating to the transferred assets
Other cash received concerning
group or set of asset groups, and then reduce the carrying amount of other assets (other than goodwill) within the
During the reporting period no significant advance payments for more than 1 years of age.
(2) Impact on minoritys interest and owners equity attributable to parent company
included in the profit or loss for the period. The accumulated loss that transferred out from the capital reserve is
For detailed, official and publicly announced restructuring plan, the direct expenses attributable to the
An intangible asset with a finite useful life shall be stated at cost less estimated net residual value and any
Supervisor 2006-10-09 Yes
opinion.
Item Current amount Last amount
Basic transaction information, basis of counter purchase, whether making up business due to the assets and liability reserved by listed
In calculating the effective interest rate, the Group will estimate the future cash flows (excluding future credit
further train the e-commerce team, focus on improving the marketing capacity and brand publicity coverage of
Other non-current assets
лг() 2015
First-order Second-order Third-order Total
the report period
share based payment transaction is accounted for as equity settled share based payment. If service-acceptance
leased land use right, land use right held for transfer upon appreciation, leased buildings, etc. in addition, in
reorganization plan of the Company. On 27 December 2013, the Civil Ruling Paper Shenzhen Intermediate Peoples Court (2012)
88
balance
лг() 2015
with -)
and Hong Kong Dahuan Bicycle Co., Ltd respectively. 2. In March 2002, legal shares
87
business combination
sustainable and stable development, especially the manufacturing and selling of electric bicycles and
Intangible assets 3,765,000.00 4,518,000.00
Explanation on cash received from other investment activities
(2) Accounting for financing lease
1,199,934.09 1,363,097.01
Name Main operation place Registered place Business nature
(2) Prospective application
Type of audit opinion Unqualified auditors report with explanatory paragraph
Total current assets 13,862,329.09 15,911,821.13
-214,018.12 2,791,930.44
Lease payment for operating lease is recognized as related asset cost or profits and losses for the current period
Chen Shujun 2002-12-01 No
presented separately under operation segments and financial statements, which has fulfilled one of the following
4.Ending balance 34,252.84 246,286.52 442,159.07 722,698.43
91
In RMB
In RMB
andsubsidies
for settlement entity making settlement with its own equity instruments, the transaction is accounted for as
note receivable, account receivable, interest receivable, dividend receivable and other account receivables etc.
Inventories
Earnings per share
14. Financial assets available for sale
Net increase of deposits in central
Li Hai Director, GM M 47 97.21
Other explanation
non-continuously 0.00
The following displays the methods for translating financial statements involving foreign operations into the
Other explanation:
included in the scope of evaluation
Other explanation:
-)
(1) Basic information of the outstanding preferred stock and perpetual capital securities at period-end
Total 0.00 0.00
exchange or involves in currency exchange transactions, at which the actual exchange rates would be used.
V. Explanation from Board of Directors, Supervisory Committee and Independent Directors
non-continuously 0.00
Total 0.00 -- -- --
which must be settled by delivery of such equity instrument are subsequently measured at cost.
(2) Main financial information of the important joint venture
the recognition and measurement standard of financial instruments, other comprehensive income and other
In RMB
losses losses at period-end
assets, loans and receivables and held-to-maturity investment.
Total gains from disposal of
845,449. 449,925. 395,523.7 961,528 450,273.9
4. Other
provision accrual by 95.29 7.00 620.41 12
the difference between the consideration received from disposal and the share of net assets disposed in each
arising from inter-group transactions shall be eliminated by the portion attributable to the Company. Investment
provision accrual by 44 66 8 .71 0
Total 94,609.13 2,145,860.08
Nil
лг() 2015
major defect. Companys business stop of etc.
When the outcome of a transaction involving the rendering of services can be reliably estimated, it shall, on the
Other explanation:
(3) Fixed assets leased through operating lease
information such as the latest available information about change of number of exercisable employees, thus to
previously-held equity interest of the acquiree prior to the acquisition date shall be treated on the same basis as if
Total comprehensive income
either.
Item Ending balance Opening balance
In RMB
18
service
in profit or loss for the period. For financial assets and financial liabilities classified as other categories, relevant
If the expenses incurred during the research phase and the development phase cannot be distinguished separately,
end of last month month before
(3) Depreciation test method and depreciation allowance method for intangible assets
Company) was reincorporated as the company limited by shares in November 1991. On 28
Proportion in total annual sales volume for top five clients 90.81%
1. Enterprise combined under different control
(5) Certificate of title un-completed
Other current
recognized based on the purchase cost actually paid by the Company in cash, the fair value of equity securities
office of the Company and person in charge of the labor union.
In RMB
dates. Opening balance of undistributed profits is equal to the closing balance of undistributed profits after
within one year (1 year included) 0.30% 0.30%
118
(2) Investment real estate measured at fair value
recognized as cost of the intangible asset only if it is probable that economic benefits associated with the asset will
medium-to-high end bicycles, and will on the other hand actively promote the restructuring.
(RMB)
Capital comprehe Reasonab Surplus
No change
12,679,197.51 124,889,662.76
Nil
Equity settled share based payment for exchange of service provided by employees is measured at the fair value of
the financial instruments by fixed number of own equity instruments for exchange for fixed amount of cash or
arising from the change in fair value and the dividend and interest expenses related to the financial liability are
In RMB
Applicable Not applicable
Explanation for write-off of receivables
3. Remedying loss
impairment.
Total 0 0.00 0 0.00 0 0.00 0 0.00
Shenzhen Materials
Applicable Not applicable
balance sheet date, recognize the revenue from the rendering of services employing the percentage-of-completion
liabilities: (1) The obligation is a current obligation borne by the Company; (2) it is likely that an outflow of
half and over voting rights
Including: Operating cost 159,399,271.88 198,964,665.65
Amount
supervisors, senior
Sales of bicycles
the same policy as that for buildings and land use rights.
Whether there are significant differences between the above-mentioned financial index or its total number and the relevant financial
4. Note receivables
Item Current amount Last amount
period that the Group will meet related requirements of such grants and will be able to receive the grants. The
Item Ending balance Opening balance
materials supply and sale
VI. Sales of major assets and equity
Under the equity method, investment gain and other comprehensive income shall be recognized based on the
Section X Financial Report ............................................................................................................. 51
Oil and natural gas assets
When the Group has a legal right to settle on a net basis and intends either to settle on a net basis or to realise the
Custodian and common benefit debts 9,659,853.85 9,840,809.85
Accrual Other Other
150
Total owners equity 7,983,327.03 8,197,291.13
contractor fee/outsourcing fee recognized in
income from the loss of control. Other comprehensive income relating to original equity investment in
securities
1. Accounting statement carrying the signatures and seals of the legal representative, person in charge of
4. Operating income and cost
Ltd.
machinery, fine chemicals, carbon fiber composites material, household electrical appliance and
attributable to attributable to
I. Total operating income 170,990,030.10 212,070,585.77
1. In 2015, the cash inflow from operating activities has significantly declined compared with 2014, mainly
available for sale
directly make the significant error in the (4) directly make the significant error in
26,610,794.56 30,160,972.07
office
Non-current assets:
immediately in profit or loss for the current period.
Non-current assets maturing within
currency changed, explain reasons
In combination, withdrawal proportion of bad debt provision based on other methods for account receivable:
adjusted. If the consideration of the merger is satisfied by issue of equity securities, the initial investment cost of
for money collected
Domestically
Other accounts receivable Bad debt provision Accrual ratio
income tax in and carried tax expense company after shareholders
No bankruptcy reorganization for the Company in reporting period
Nil
The Company has no plans of cash dividend distributed, no bonus shares and has no share converted from capital reserve either for
a bundle of transactions, the individual transactions shall be accounted as disposal of a portion of an interest in a
deposit
Amount Amount y-o-y
statements, misleading statements, or important omissions carried in this report,
Legal person/person
II. Main business analysis
Whether the company has corporate bonds that have been publicly issued and listed on the stock exchange, and not yet due or due but
(1) Financial assets available for sale
parent company
Item Ending balance Opening balance
activities
operating activities
лг() 2015
Investment and Development Co., Ltd. applied to Shenzhen Municipal Intermediate People's Court for reforming
their operating decisions, and are deconsolidated from the date that such control ceases. For subsidiaries being
period-end
Ending balance of
Scheme assets:
Cash received from selling
Main reasons for large goodwill resulted:
Other explanation
Bond Face value Coupon value Actual rate Maturity date
group of financial assets with similar credit risk characteristics and collectively assessed for impairment. Financial
Total 0.00 Yuan overdue outstanding short-term loans at period-end, including the followed significant amount:
12.21% 2015-06-29 2015-06-29 announcement 24th
income
(Share) (Share)
available for sale available for sale
several transactions, these transactions will be judged whether they shall be treat as transactions in a basket. If
Chen Shujun Vengood E-commerce Director 2016-01-26 2019-01-26 No
Statement of changes in the main financial indicators of the reporting period:
75
able to be maintained and realizes the stable development. The Company has set up the conditions for introducing the recombination
Codes for office add. 518030
Total 1,772,814.72 7,296,194.99 7,684,342.51 1,384,667.20
Cash paid for settling debts
Nil
Current assets:
-)
assets assets liability liability assets assets liability liability
invested Period-beg Period-beg ng in
laws, regulations, rules and other normative the laws, regulations, rules and other
42. Liability holding ready for sold
Applicable Not applicable
Item Opening balance Decreased Ending balance Causes
Voting right ratio on
recognized shall be measured at their fair values. As for the financial liability measured by fair value and with its
Bicycle Company (Holdings) Limited (CBC), including balance sheet of 31 December 2015, and profit
persons shares
At the balance sheet date, inventories are measured at the lower of cost and net realisable value. If the net
Other cash paid concerning
Changeduringtheyear(+,-)
business, the same below) from joint operations, the Company shall only recognize the part of profit or lost from
firstly review the measurement of the fair value of the identifiable assets obtained, liabilities incurred and
19. Biological assets
owners equity
4. Other
Nil
19.89 3.57 .32 19.90 .40 0
4. R&D investment
2015 0.00 -138,355.58 0.00 0.00%
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of
99
unrecognized financing income shall be accounted for long-term debt and long-term debt due within one year.
Fixed assets 1,007,906.43 773,961.84
Held-to-maturity investment
industry and social consumption structure demand. Under the leadership of the central government and
Over 3 years 1,350,233.95 1,350,233.95 100.00%
accounting.
within one year
(3) Make great efforts to maintain the traditional business, closely watch the first-tier big customers, focus on
For other long-term employee benefits provided by the Company to its employees, if satisfy with the established
activities
headquarter of personal insurance business, temporary committee of operation and management commission,
recognized as investment income.
separately from other items, such provision can be made on a consolidated basis.
(VI)Others 14,333.71 14,333.71
Share-holding ratio or shares enjoyed different from voting right ratio:
Total 6,515,605.90 5,340,463.40
лг() 2015
According to region
Total other comprehensive income 0.00 0.00 0.00
taxes) the Company
certification, and improve and extend the product lines. Fourthly, improve the supporting and cooperating level of
In RMB
entitled to the ownership of goods are transferred to buyer; neither retain the continued management right
44 66 8 .71 0
5. Translation differences
1,293.08 150,245.41 150,245.41 1,293.08
Deferred income tax liabilities are not recognized for taxable temporary differences related to: the initial
activities:
Cash paid for purchasing fixed,
In RMB
RMB 150,000.
recognized during the vest period is included in profit or loss for the current period promptly, meanwhile to
The account receivable over RMB 5 million
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
Main operation Share-holding ratio
лг() 2015
Nil
deductible losses and tax credits can be utilised.
Item with government grants involved:
publicize and promote the brand.
the Period
Explanations on combination determine:
83
Government grants are transfer of monetary assets or non-monetary assets from the government to the Group at
Director leavin M 53 2013-09-26 2015-04-13 0 0 0 0 0
(1) Supplementary information to statement of cash flow
Short form of foreign name of
(RMB/Share)
II. Person/Way to contact
In RMB
(6) Derecognition of Financial Liabilities
Settlement provisions
and recognized immediately in profit or loss for the current period.
In RMB
Financial expenses -675,198.21 -173,453.60 289.27% Increase in interest
Nil
owners (or
(3) Main financial information of the important cooperative enterprise
XV. Events after balance sheet date
7. Interest receivable
persons shares
decline in the market turnover. Due to the low entry threshold and numerous manufacturers, the competition in the
Applicable Not applicable
3. Counter purchase
302,978,7 302,978,7
II. Independency of the Company relative to controlling shareholders in aspect of businesses,
Total 4,057,247.68 4,057,247.68 6,171,307.53 6,171,307.53
лг() 2015
In RMB
Name of domestic accounting firm Ruihua Certified Public Accountant (LLP)
liability in an orderly transaction between market participants on the date of measurement. Financial instruments
Shen Zhong Fa Po Zi No. 30-10 ruled that the reorganization plan of CBC was completed and bankruptcy procedures of CBC closed
accounts receivable and available-for-sale financial assets for initial recognition.
economic benefits will be resulted from the performance of the obligation; and (3) the amount of the obligation
current period. If the cost of rendering services is expected not to be compensated, it shall be recognized as an
in charge of the unit
(1) Other cash received in relation to operation activities
shares
1. Withdrawal in
Cash in bank 26,610,794.56 30,160,972.07
Applicable Not applicable
Other explanation
Production personnel 20
In RMB
Item Current Period Last Period
1. Major changes of assets composition
Rental income is recognized in profit or loss for the current period using the straight-line method over the lease
VI. Taxes
entity or items
(found in note8)
3. Originals documents of the Company and manuscripts of public notices that disclosed in the newspaper
office
Industrial 07 34
Item Perpetu Less:
controlling shareholder as
Cash paid for purchasing
portion of gains or losses arising from
(1) Valuation method, service life and impairment test
Branch of Life Insurance Holding Co., Ltd and charger of planning team of Guangdong Branch; he served as
0.00
equity method, relevant other comprehensive income will not be accounted for. For previously held equity
4) Consolidation range changed due to the same control, retained profit at period-begin has 0.00 Yuan affected;
correction of the
will be reclassified subsequently to profit
Major bad debt provision reversal or collected in the Period
than the fair value of the identifiable net assets obtained, the acquirer shall recognize the difference as the profit or
Ending balance Opening balance
In RMB
In RMB
Impact on minority shareholders equity -1,005.75
year 15
Other
affiliated company and joint venture
in note8)
holds 63,508,747 A-stock of the Company with 11.52% in total share capital of the
probable that taxable profits will be available in the future, against which the temporary difference can be utilised.
being ordered to suspend business for the local government and regulatory
recognition inconsistency that would otherwise result from measuring assets or recognizing the gains or losses on
recognition of an asset or liability in a transaction which is neither a business combination nor affects accounting
of the Consolidated Financial Statements.
II. Changes of directors, supervisors and senior executives
лг() 2015
Applicable Not applicable
original financial liability with a new financial liability with substantially different terms is accounted for as an
160
it) is discharged. An agreement between the Group (an existing borrower) and an existing lender to replace the
Hongyuan
investment in the investee are reduced to zero. If the Group has to assume additional obligations, the estimated
1. Major changes in main assets
re-measurement of net defined benefit
Interest receivable
Supervisor M 54 13.44
(10 thousand (10 thousand (10 thousand (10 thousand (10 thousand
Name Registered place Business nature treatment on
and capitalization shall discontinue when the qualifying asset is ready for its intended use or sale. Other borrowing
liability accordingly. The extent of the continuous involvement is the extent to which the entity exposes to
decreased capital
1
100.00% 53.22% 100.00% 46.83% 511,254.81
equity shall be accounted for in accordance with the same accounting treatment for direct disposal of relevant
2. Debt restructuring
Investment property
III. Increase/
corresponding increase of liabilities based on the fair value of the liabilities assumed by the Company.
floor areas of 681.34 m2; In line with the contract, the Company shall pay property rental annual since 1 May
1 January to 31 December.
referred to as the Company) hereby confirm that there are no any fictitious
received or receivable. If a government grant is in the form of a transfer of non-monetary asset, the item shall be
current gains/losses
X. Particular about suspended and delisting after annual report disclosed
further share acquisition on the date of combination shall offset against the capital reserve. If the capital reserve is
measured at the fair value of equity instrument as of the acquisition date, and included in relevant cost or expense
3. Amount
68
Subtotal of cash outflow arising from
business combination shall be in accordance with the previous paragraphs and note IV 4, 13 Long term equity
items in the income statements of overseas operations are translated at the spot exchange rates of the transaction
welfare- defined 5,316.96 420,023.66 420,023.66 5,316.96
internal control
preparation
Luo
Net increase of capital borrowed
Qualifying assets are assets (fixed assets, investment property, inventories, etc.) that necessarily take a substantial
For additional equity investment made in order to obtain significant influence or common control over investee
paid (or total book value of the shares issued), shall adjusted capital reserve (share premium); if the capital
more than 3 months, until the acquisition, construction or production of the qualifying asset is resumed.
36. Account received in advance
Item Opening balance Increase during the year Decreased Ending balance
Other equipment Straight-line depreciation 5 10% 18%
share-based
Applicable Not applicable
Nil
equity instruments
Other explanation:
occurred, unless the Company cancel part or all the granted equity instruments.
Shenzhen Guosheng Energy Investment Development Co., Ltd. since March 2008.
report disclosed disclosed (if
Item Current amount Last amount
Account
incurred in subsequent periods, the grant shall be recognized as deferred income, and recognized in profit or loss
When a contract or agreement signed by the Group includes sales of goods and rendering of services, if sales of
Applicable Not applicable
Accounting error correction Approval procedures
(I) assets held for sale 0.00
2. Transaction that has owners equity shares changed in subsidiary but still with controlling rights
for decline in value of inventories is generally made based on the difference between the cost of single item of
Committee, committee of law business of intellectual property commission of nationwide lawyers association,
Ending balance Opening balance
intended use or sale have commenced, such borrowing costs shall be capitalized as part of the cost of that asset;
Other explanation:
foreign shares
flow to the Company and the cost of the asset can be measured reliably. Other expenditures on an item asset shall
Issuing Whether Amount of Amount of Assets
Shenzhen, as the office place of the Company. Leasing contract terms from 1 May 2014 to 30 April 2017 with
process transfer-in
there is evidence that there exists usage for the intangible asset;
Section IX Corporate Governance ................................................................................................. 56
Cash paid to/for staff and workers 2,574,126.10 5,757,714.66
лг() 2015
Other 4,210,594.98 14,542,620.77 4,210,594.98
to Mr. Ji Hanfei with price of 70 million. Shenzhen Guocheng Energy Investment
Material defect: (1) inefficiency of Material defect: (1) inefficiency of
Restructuring case to be
Applicable Not applicable
.00
(2) Changes in significant construction in progress
t
business combination is measured at fair value at the acquisition date. If the cost of combination exceeds the fair
CBC; now he serves as director of the Company.
fair value and changes 0.00
4. Other
Disclose reasons for different taxpaying body
Nature of controlling shareholders: natural person holding
Tax category Tax calculation evidence Tax rate
(1) Held-to-maturity investment
Guangzhou-Shenzhen Justice and Accounting judgment institution. And also independent director of Chiwan
0.00
commission payable
without a reliably measured fair value and are required to be settled through that equity instrument are
2014, leased the property of Room 1201, Wantong Building, No.3002 Sungang East Road, Luohu District,
Net profit attributable to
RMB common
(2) Changes of outstanding preferred stock and perpetual capital securities at period-end
Nil
2. Contingency
exchange rate
(2) investment in equity
No significant lawsuits and arbitrations occurred in the reporting period
Subtotal of cash outflow arising from
year 00 17
Item Ending balance Opening balance
Item Ending balance Opening balance
relevant accounting standards such as Accounting Standards for business Enterprises 2 C Long-term Equity
Non-current liabilities:
accessories and 170,990,030.10 100.00% 212,070,585.77 100.00% -19.37%
Yes No
лг() 2015
Explanation on associated relationship
4 Supplier 4 12,883,407.69 8.08%
For partial disposals of equity interests in foreign operations which are associates or joint ventures, the
increase in business
Company Amount reversal or collected Collection way
Cumulative un-confirmed Cumulative un-confirmed
parent company
13. Other current assets
50,057.
base, and the difference between the tax base and the carrying amount of those items that are not recognized as
profits and losses
44
100,500.00
лг() 2015
120
N/A
On 11 May 2012, the largest shareholder and biggest creditor of the Company, Shenzhen Guocheng Energy Investment Development
Interest payable
Item Current amount Last amount
Code for registrations add 518020
simultaneously, the amount after offsetting the financial assets and the financial liabilities is presented in the
Cash surrender value
Subsequent measurement of liability at fair value through profit or loss is based on fair value. The gain or loss
142
of the consolidated balance sheet would be restated.
20. Construction in progress
Position in
Net profits belong to common stock
biology assets
he took the turns of deputy manager of finance department, chief supervisor associate of finance department,
expenses
лг() 2015
Including: Investment income
directly attributable to the acquisition of the long-term equity investments are also included in the investment cost.
Enterprise income tax 745,109.42
2. The Company entered into long-term house leasing contract with Shenzhen Anjinheng Industrial Co., Ltd. on
consolidated financial statements comprise the financial statements of the Company and all of its subsidiaries.
apportioned
122
Zong Bin 3,056,400 3,056,400
Total assets 45,869,094.97 51,489,647.55
Other explanation:
occurred by Company and recognize fees from joint operations in appropriation to the share of the Company.
Applicable Not applicable
rewards of asset ownership to the lessee and titles to the assets may or may not eventually be transferred. All other
able to be maintained and realizes the stable development. The Company has set up the conditions for introducing the recombination
Nil
1. Withdrawal in
t adjustmen d to
and the aforementioned carrying amount.
+,- Ending
In case that financial instruments issued by the Company are compound financial instruments, they shall be
In RMB
&D
Educational surtax 3%
In RMB
Item Current amount Last amount
Preparation place for annual report Room 1201, Wantong Building, No.3002, Sungang East Road, Shenzhen
Item Amount pledge at period-end
joint ventures and joint operations. Joint operations refer to a joint arrangement during which the Company is
Total 5,391,566.14 14,108,887.56
Normal business cycle is the period from purchasing assets used for process by the Company to the cash and cash
лг() 2015
Net increase of returned business
1. Overall situation
interest income or expense over each period based on the effective interest of a financial asset or a financial
3. Mr. Yao Zhengwang, born in 1975, with bachelor degree of law, successively took the post of Supervisor of
Fixed assets 740,727.77 624,330.89
Total 694,416.00
(3) Related lease
receivable and initial direct costs at the beginning date of the lease. The unsecured balance shall be recorded. The
Cash dividend of common stock in latest three years (including the reporting period)
Applicable Not applicable
Applicable Not applicable
Found more in Note 57.
9. Mr. Li Xiang, born in 1974, a master degree, and he used to served as organ secretary, director-general of the
Current money 676,314.44 740,529.71
26. Development expense
company
Number of other reception 0
Amount Ratio Amount Ratio
Applicable Not applicable
Income from
Restructuring case to be
In RMB
Current money 12,397,333.29 13,518,858.41
Accounting Standards) and Chinese GAAP (Generally Accepted Accounting Principles)
Net cash received from disposal of
Total common shareholders with
лг() 2015
147
Company with short terms(expired within 3 months since purchased), and liquid and easy to transfer as known
222,222.22 560,364.97
Net increased amount of
3. Existing internal staff shares
(1) provision
namely the initial recognition amount less the repaid principal plus or less the accumulated amortization amount
4. Labor outsourcing
For intra-company share based payment transactions, if the service-acceptance entity and settlement entity are not
Nil
In RMB
The outcome of a transaction concerning the rendering of services can be reliably estimated, which shall
Sales personnel 10
Nil
Long-term deferred expenses
Company Main Register Operating Operating
Cui Jun Guangdong Ange Laws Firm Attorney 2014-06-01 Yes
If the impairment test result shows that the recoverable amount of an asset is less than its carrying amount, the
Main reasons for y-o-y major changes in aspect of relevant data
Dividend payable
Including: Domestic legal
who retire before schedule from the date on which the employees stop rendering services to the scheduled
insurance
Goodwill
Previous changes for controlling
for the current period.
arising from changes in the fair value and any dividend or interest income earned on the financial asset are
Total 431,067.18 508,902.12
Economic Zone Branch of the Peoples Bank of China, the Company got listed on Shenzhen Stock
accounting profits before tax for the year in accordance with relevant requirements of tax laws.
reserve
Depreciation of fixed assets, consumption of
items which will not be reclassified
impairment provision will be made according to the difference and recognized as an impairment loss. The
and the financial assets shall be accounting for according to the above paragraphs.
(1) Owners equity shares changed in subsidiary
3. Entrust others to cash asset management
equity instruments, the Company will correspondingly increase recognition for services obtained according to the
devoted and
receivables implemented transactions
which shall be met based on the specific situations of the Company and the subject matter.
Emmelle parts distribution
54
40 40
Book balance Bad debt provision Book balance Bad debt provision
(2) Major dividend receivables with over one year age
III. Information disclosure and preparation place
0.00
recording in the financial statement under the name of the Company.
reorganization and the reorganization plan was completed on 27 December 2013 with bankruptcy
and (iii) exchange difference arising from changes in carrying amount of available for sale foreign-currency
In RMB
(2)Internal accounting policies relating to research and development expenditures
Loans and payments on behalf
Ratio in total ending
UOB Koy Hian (Hongkong) Co., Ltd. 12,293,850 12,293,850
revenue revenue
In RMB
Huarong Company was acquired by Shenzhen Guosheng Energy Investment
equity (excluding net profit or loss, other comprehensive income and profit distribution under net asset of investee
Total non-current assets 4,516,107.50 5,152,710.62
Luo Guiyou Yes
Including: Disposal gains of
forward internal
acquisition date already existed, and that the implementation of the economic benefits brought by the deductible
(3) Main finance of the important non-wholly-owned subsidiary
(3) Translation of foreign currency financial statement
6,207 0.00% 0 6,207 0.00%
expenses
Loans and account receivables subsequently stated at amortized cost using the effective interest method; the gains
leases are classified as operating leases.
techniques. Valuation technologies include reference to be familiar with situation and prices reached in recent
Curre
if its own equity instruments are required or may be used to settle the financial instruments, it excludes the
and financial statue of the No influence
лг() 2015
Secretary of Currently in
the cash paid, non-cash assets transferred as well as the book value of the debts borne by the absorbing party shall
shareholders
withdraw plan, then the benefits are accounted for under the established withdraw plan, otherwise accounted for
Amount reckoned into
development of small and medium firms, and Vice president of the second session Accounting Society of Futian
Subtotal of cash out-flow from
(VI)Others 54.02 54.02
The total number of current employees to receive pay (people) 54
measured at fair value and
Total common with voting
In relation to the deductible temporary difference acquired from the acquiree, which was not recognized as
After the provision for decline in value of inventories is made, if the circumstances that previously caused
relevant assets when occurs.
extraordinary shareholders general meeting
Applicable Not applicable
depreciation reserves
II. Balance at the 551,347, -1,206,4
2. Original audit report with seal of the accounting firm and signature and seal of CPAs;
лг() 2015
instruments
Nil
acquiree directly when the control is lost, namely be transferred to current investment income other than the
circumstances, deferred tax assets in relation to business combination are recognized in the profit or loss of the
52
shareholders of the listed company
operating activities
of accounting
reserve
equity shall be transferred on pro rata basis. For the remaining equity interest after disposal accounted for using
(i) Basic earnings per share -0.0004 0.0051
recognise the obligations relating to restructuring only when it undertakes to dispose part business (namely
Total -- 0.00 -- -- --
Yang Fenbo Shenzhen Lionda Group Co., Ltd. Chairman 2009-10-12 Yes
Recognized impairment loss and accrued the bad debt provision
,243.83 227.01 58.40 106.07
694,416
before annual annual report
Total 3,183,534.28 1,183,430.55 7,287,880.92 4,505,933.46
book value
Other cash paid concerning
103,070,564.47 220,046,480.14
Zhonghuan office
2. Financial assets measured by fair value and reckoned into current gains/losses with its variation
Net cash flow from
value date period amount balance the Period by face amortizati the Period balance
Explanation on related administration/outsourcing
627,834 32,673, 1,592,7 13,496,
present value discounted from its projected future cash flow. The reduced amount is recognized as impairment
In RMB
loss
events, based on Accounting Standard for Business EnterpriseBasic Rules(Ministry of Finance Order No. 33,
In RMB
the matured debts and was seriously insolvent. On 12th, Oct., 2012, Shenzhen Municipal Intermediate People's Court ruled to accept
(9) To enhance the development of medium-to-high end bikes and lithium batteries electric bikes, and enhance the
ry ent ent ent ent
2)Accounting for perpetual bonds and senior shares
Current money 8,552,160.51 9,370,269.08
Net cash flow from investment
2. Welfare for workers
Standard to
result and financial
Subtotal of cash out-flow from
Long-term equity investment
attend in the communication presence
II. Balance at the 551,34 -1,199,9
25
Chairman of the Company on 13 April 2015.
I. Short-term compensation 1,767,497.76 6,876,171.33 7,264,318.85 1,379,350.24
measure sustaining and non-persistent on second-order
Transaction fees related to equity transactions are deducted from equity.
лг() 2015
Derivative financial liability
лг() 2015
17. Long-term equity investment
Recognized based on the times and real interest rates for the money used by others
Other non-current asset
Ending balance of
direct disposal of relevant asset or liability by investee at the time when the control over investee is lost.
In RMB
Derivative financial liability
2. Capital invested
Cash paid to/for staff and workers 6,970,654.49 9,113,860.33
In RMB
Current amount Last amount
Construction in progress
Among the other capital reserves, 135,840,297.18 Yuan refers to the payment for creditor from shares assignment by whole
In RMB
3. Valuation technique and qualitative and quantitative information on major parameters for the fair value
1. General share-based payment
In RMB
20. Oil-and-gas assets
(2) Important non-wholly-owned subsidiary
Ending balance Age Reasons
liability structure
Gains/losses from the disposal of
value of money and other factors pertinent to the contingencies.
of financial department of the Company.
In RMB
Amount Ratio in total profit Note Whether be sustainable
As for share based payment concerning the Company, its shareholders or actual controllers, with either the
the Reporting Period
Ending balance
the reserve for bad debt provision is withdrawn with age analysis method.
3. Other domestic shares 6,207 0.00% 0 6,207 0.00%
(1) provision 32,778.68 90,487.44 25,566.59 148,832.71
Applicable Not applicable
Name Title Sex Age obtained from the obtained from
accrual at period-begin
Actual controller controlling the Company by entrust or other assets management
115
or losses arising from derecognition, impairment incurred or amortization shall reckoned into current gains/losses.
recognized as adjusted capital surplus, capital surplus insufficient to set off impairment and adjusted retained
-382,777.30 -591,352.99 -35.27% Fixed-asset investment
owners of parent
Industrial Co. Ltd.
Item Less: Other Provisio Minorit Total
Income of the Net profit of
лг() 2015
non-current asset
Increase/decrease
(RMB/Share)
capital)
3. Net change of cash and cash equivalents: -- --
income
(8) Other related transactions
Cash paid for interest, commission
debt provision accrued for single item
22. Impairment of long-term asset
reliably measured. Fixed assets shall be initially measured according to the cost and take the predicted discard expenses into
Time Way Type Basic situation index of investigation
лг() 2015
(2) Bad debt provision accrual, collected or reversed
Rules of Listed Company, Article of Association as well as Procedure Rules of Board of Directors and other duties and rights various
satisfy such conditions during the vest period, the Company will regard them as cancellation of granted equity
5. Adjustment information and sensitivity analysis of unobservable parameters for the fair value measure
CPA engaged by the Company
Nil
лг() 2015
of 2007, he worked in Life Insurance Holding Co., Ltd, and successively took posts of general manager of
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