CHINA ENERGY ENGINEERING CORPORATION LIMITED*

Transcription

1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. CHINA ENERGY ENGINEERING CORPORATION LIMITED * (A joint stock company incorporated in the People s Republic of China with limited liability) (Stock Code: 3996) OVERSEAS REGULATORY ANNOUNCEMENT This announcement is made by China Energy Engineering Corporation Limited (the Company, together with its subsidiaries, the Group ) pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. China Energy Engineering Group Co., Ltd. (the Energy China Group ), the controlling shareholder of the Company, issued the first tranche of RMB3 billion 10-year medium-term notes named 13 Energy China Group MTN1. In April 2015, a noteholders meeting approved the proposal on the transfer by Energy China Group to our Company of all of its rights and obligations under the 13 Energy China Group MTN1 notes. The procedures for such transfer were completed on June 30, Pursuant to the Rules for Information Disclosure on Debt Financing Instruments of Non-financial Enterprises in the Inter-bank Bond Market ( ) and the requirements of the National Association of Financial Market Institutional Investors (the Association of Financial Market ), the Company published the financial results of the Group for the six months ended June 30, 2015 and the nine months ended September 30, 2015 (the Financial Results ) on the website of the Association of Financial Market on December 18, 2015, a reproduction of which (the Financial Results Announcement ) is enclosed to this announcement. The Financial Results set out in the Financial Results Announcement has been prepared in accordance with the People s Republic of China Generally Accepted Accounting Principles and has not been audited nor reviewed by the auditors of the Company. The shareholders of the Company and public investors should exercise caution when trading in the shares of the Company. The Financial Results Announcement is originally prepared in Chinese. In case of any inconsistency between the Chinese version and English version, the Chinese version shall prevail. Beijing, the PRC December 22, 2015 By Order of the Board CHINA ENERGY ENGINEERING CORPORATION LIMITED* Wang Jianping Chairman As at the date of this announcement, the executive directors of the Company are Mr. Wang Jianping, Mr. Ding Yanzhang and Mr. Zhang Xianchong; the non-executive director is Mr. Ma Chuanjing; and the independent non-executive directors are Mr. Ding Yuanchen, Mr. Wang Bin, Mr. Zheng Qiyu and Mr. Cheung Yuk Ming. * For identification only

2 CHINA ENERGY ENGINEERING CORPORATION LIMITED 2015 Interim Financial Results December

3 Balance Sheet Prepared by: China Energy Engineering Corporation Limited (consolidated) June 30, 2015 No.: CEEC Primary Table 01 Item Consolidated closing balance Consolidated opening balance Current assets: Monetary assets 29,435,517, ,454,490, Settlement reserves Loans to banks or other financial institutions Financial assets at fair value through profit or loss 71,889, ,397, Bills receivables 2,390,126, ,823,304, Trade receivables 38,888,295, ,136,517, Prepayments 16,224,949, ,652,705, Premiums receivable Reinsurance accounts receivable Reinsurance contract reserve receivable Interest receivables 11,914, ,993, Dividends receivables 18,562, ,809, Other receivables 8,093,147, ,950,606, Purchase and sell-back of financial assets Inventories 48,887,504, ,747,786, Including: Raw material 3,581,932, ,759,495, Commodities (finished goods) 5,268,676, ,976,635, Assets classified as held for sale Non-current assets due within one year 652,257, ,784, Other current assets 7,874,651, ,827,027, Total current assets 152,548,819, ,709,423, Non-current assets: Provision of loans and advances Available-for-sale financial assets 7,164,593, ,321,047, Held-to-maturity investments Long term receivables 11,392,260, ,903,458, Long-term equity investments 4,351,096, ,290,992, Funds allocated to subsidiaries Investment properties 1,177,303, ,181,722, Fixed assets cost 41,022,677, ,204,277, Less: Accumulated depreciation 16,198,765, ,326,039, Net fixed assets 24,823,912, ,878,237, Less: Provision for impairment of fixed assets 282,071, ,491, Net fixed assets 24,541,840, ,583,746, Construction in progress 2,064,908, ,751,001,

4 Item Consolidated closing balance Consolidated opening balance Project supplies 123,924, ,440, Disposal of fixed assets 2,274, Productive biological assets Oil and gas assets Intangible assets 25,955,813, ,019,204, Development expenditure 65,635, ,360, Goodwill 138,503, ,807, Long-term prepaid expenses 269,378, ,783, Deferred income tax assets 1,066,797, ,141,627, Other non-current assets 2,823,192, ,793,578, Including: Approved reserve materials Total non-current assets 81,137,522, ,503,769, Total assets 233,686,341, ,213,192, Current liabilities: Short term borrowings 19,139,456, ,567,980, Borrowings from the central bank Deposits from customers and inter-bank deposits Loans from banks and other financial institutions Financial liabilities at fair value through profit or loss Bills payables 4,372,959, ,437,834, Trade payables 50,309,748, ,097,876, Receipts in advance 31,974,296, ,364,298, Payables to internal entities Gain on disposal of repurchased financial assets Fees and commissions payable Employee Benefits 2,151,129, ,264,185, Including: Accrued payroll 713,175, ,979, Accrued welfare 7,703, ,273, Tax charge payables 2,144,409, ,468,342, Including: Tax payable 1,670,972, ,349,581, Interest payables 149,018, ,747, Dividends payables 249,989, ,858, Other payables 14,205,620, ,203,494, Liabilities classified as held for sale Reinsurance accounts payable Insurance contract reserve payable Amount paid for agency securities trading Amount paid for agency securities underwriting Non-current liabilities due within one year 7,300,613, ,876,610, Other current liabilities 5,060,578, ,487,780, Total current liabilities 137,057,821, ,017,010,

5 Item Consolidated closing balance Consolidated opening balance Non-current liabilities: Long term borrowings 31,703,578, ,288,817, Bond payables 5,644,112, ,034,769, Long term payables 9,938,351, ,351,299, Long-term wages payable Special payables 257,377, ,161, Deferred income 434,001, ,739, Accrued liabilities 226,044, ,968, Deferred income tax liabilities 1,181,114, ,032,059, Fund appropriated by the parent company Other non-current liabilities 69, ,817, Including: Approved reserve fund Total non-current liabilities 49,384,649, ,448,633, Total liabilities 186,442,471, ,465,643, Equity attributable to the owners (or shareholders equity): Paid-in capital (share capital) 21,600,000, ,600,000, State-owned capital 21,600,000, ,600,000, Collectively-owned capital Capital attributable to legal persons Including: Capital attributable to state-owned legal persons 21,600,000, ,600,000, Capital attributable to collectively-owned legal persons Private capital Capital attributable to foreign investors # Less: Reverted investment Net paid-in capital (or share capital) 21,600,000, ,600,000, Capital reserves 6,723,821, ,982,877, Less: Treasury shares Other comprehensive income -151,021, Including: Exchange differences on translating foreign operations -2,072, Special reserve 60,410, Surplus reserves Including: Statutory common reserve Discretionary common reserve Provision for general risk Retained profit 1,622,624, Total owner s equity attributable to parent company 29,855,834, ,582,877, * Minority interests 17,388,035, ,164,670, Total owner s equity 47,243,869, ,747,548, Total liabilities and owner s equity 233,686,341, ,213,192, Head of division: Wang Jianping Chief accountant: Ding Yanzhang Head of accounting department: Chen Lixin 4

6 Income Statement Prepared by: China Energy Engineering Corporation Limited (consolidated) January to June 2015 No.: CEEC Primary Table 02 Item Amount for the period I. Total operating income 86,819,757, ,807,600, Including: Operating income 86,819,757, ,807,600, Including: Principal operating income 85,827,186, ,944,830, Other operating income 992,570, ,770, Interest income Premiums earned Fee and commission income II. Total operating costs 84,201,540, ,477,481, Including: Operating costs 75,414,784, ,492,557, Including: Principal operating costs 74,655,472, ,831,172, Other operating costs 759,312, ,385, Interest expenses Fee and commission expense Surrenders Net claims expense Net provisions for insurance contract Insurance policy dividend paid Reinsurance costs Business taxes and surcharges 1,507,504, ,467,196, Selling expenses 689,089, ,722, Administrative expenses 4,671,139, ,211,952, Including: Research and development expenses 501,662, ,450, Finance costs 2,992,714, ,535,633, Including: Interest expenses 1,634,582, ,536,660, Interest income 145,721, ,153, Net foreign exchange loss (net gain is represented by - ) -8,038, ,729, Impairment loss on assets 321,390, ,419, Others Add: Gain from changes in fair values (loss is represented by - ) -35,901, ,990, Investment income (loss is represented by - ) 622,189, ,654, Including: Investment income from associates and joint ventures 32,294, ,914, Foreign exchange gain (loss is represented by - ) -33,

7 Item Amount for the period III. Operating profit (loss is represented by - ) 3,204,471, ,525,782, Add: Non-operating income 437,224, ,358, Including: Gain from disposal of non-current assets 112,137, ,661, Gain from exchange of non-monetary assets Non-operating income from acquisition of companies owned by employees 42,512, Government grants 176,148, ,889, Gain from debt restructuring 26,651, ,246, Less: Non-operating expenses 79,475, ,333, Including: Loss from disposal of non-current assets 66,296, ,805, Loss from exchange of non-monetary assets 158, Loss from debt restructuring 139, , IV. Total profit (total loss is represented by - ) 3,562,219, ,829,807, Less: Income tax expenses 800,788, ,746, V. Net profit (net loss is represented by - ) 2,761,431, ,237,061, Net profit attributable to owners of the parent company 1,622,624, ,342,130, * Minority interests 1,138,806, ,931, VI. Earnings per share: Basic earnings per share Diluted earnings per share VII. Other comprehensive income -151,021, ,461, (I) Items that can not be reclassified to profit or loss in subsequent periods -1,363, Including: 1. Changes in net liabilities or net assets arising from the re-measurement of defined benefit plans -1,430, Share of other comprehensive income of investee that can not be subsequently reclassified to profit or loss under equity method 3. Income tax effect of changes in net liabilities or net assets arising from the re-measurement of defined benefit plans 66, (II) Items that will be reclassified to profit or loss in subsequent periods if given conditions are met -149,657, ,461, Including: 1. Gain or loss from changes in fair value of available-for-sale financial assets -186,143, ,474, Income tax effect of changes in fair value of available-for-sale financial assets 49,147, ,935, Gain or loss from reclassification of heldto-maturity investments to available-for-sale financial assets 4. Effective part of hedging gain or loss from cash flows 5. Exchange differences on translating foreign operations -12,662, ,040, Other items that are directly included in owner s equity 92, VIII. Total comprehensive income 2,610,409, ,279,523, Total comprehensive income attributable to owners of the parent company 1,566,075, ,406,224, * Total comprehensive income attributable to minority shareholders 1,044,334, ,298, Head of division: Wang Jianping Chief accountant: Ding Yanzhang 6 Head of accounting department: Chen Lixin

8 STATEMENT OF CASH FLOWS Prepared by: China Energy Engineering Corporation Limited (consolidated) January to June 2015 No.: CEEC Primary Table 03 Item Amount for the period I. Cash flows from operating activities: Cash received from the sales of goods and the rendering of services 73,486,972, ,445,528, Net increase of loans from other financial institutions Cash received from interests, fees and commissions Refund of taxes and levies 123,267, ,782, Cash received relating to other operating activities 11,563,814, ,568,086, Sub-total of cash inflows from operating activities 85,174,053, ,118,397, Cash paid for goods purchased and services received 64,824,253, ,382,496, Net increase of customers loans and advances Cash paid for interests, fees and commissions Cash paid to and on behalf of employees 9,027,169, ,861,906, Payments of taxes and levies 3,733,142, ,624,609, Cash payments relating to other operating activities 15,251,209, ,070,138, Sub-total of cash outflows from operating activities 92,835,775, ,939,150, Net cash flows from operating activities -7,661,721, ,820,752, II. Cash flows from investing activities: Cash received from investment recovery 2,813,194, ,703,649, Cash received from returns on investments 450,786, ,998, Proceeds from disposals of fixed assets, intangible assets and other long-term assets 150,384, ,018, Proceeds from disposals of subsidiaries and other operating segments 23,000, Cash received relating to other investing activities 138,102, ,238, Sub-total of cash inflows from investing activities 3,575,467, ,246,904, Cash paid to acquire fixed assets, intangible assets and other long-term assets 2,992,714, ,962,841, Cash paid for investment 3,078,989, ,825,665, Net cash paid for acquisition of subsidiaries and other operating segments 528,465, Cash payments relating to other investing activities 70,909, ,416, Sub-total of cash outflows from investing activities 6,671,078, ,791,924, Net cash flows from investing activities -3,095,610, ,545,020,

9 Item Amount for the period III. Cash flows from financing activities: Cash received from capital contribution 968,927, ,872,620, Including: cash received by subsidiaries from investments of minority shareholders 855,492, ,488, Proceeds from borrowings 23,551,106, ,656,549, Proceeds from issuance of bonds 3,500,000, ,500,000, Cash payments relating to other financing activities 95,863, ,359, Sub-total of cash inflows from financing activities 28,115,897, ,280,529, Cash payments for debts settlement 18,105,633, ,382,512, Cash payments for distribution of dividends, profits, or interest expenses 2,131,080, ,219,254, Including: dividends and profits paid by subsidiaries to minority shareholders 436,545, ,834, Cash payments for bonds Cash payments relating to other financing activities 357,469, ,137, Sub-total of cash outflows from financing activities 20,594,182, ,731,904, Net cash flows from financing activities 7,521,714, ,548,624, IV. Effect of foreign exchange rate changes on cash and cash equivalents 66,885, ,426, V. Net increase in cash and cash equivalents -3,168,732, ,707,721, Add: Cash and cash equivalents at beginning of period 30,651,102, ,810,235, VI. Cash and cash equivalents at end of period 27,482,369, ,102,513, Head of division: Wang Jianping Chief accountant: Ding Yanzhang Head of accounting department: Chen Lixin 8

10 Balance Sheet Prepared by: China Energy Engineering Corporation Limited (Parent company) June 30, 2015 No.: CEEC Primary Table 01 Item Closing balance Opening balance Current assets: Cash at bank and in hand 1,560,266, ,185,737, Transaction settlement funds Loans to other banks Financial assets at fair value through profit and loss Notes receivable Accounts receivable Prepayments 5,176, , Insurance premium receivable Reinsurance premium receivable Reinsurance contract reserves receivable Interests receivable Other receivables 2,374,409, ,374,409, Dividends receivable 5,338,341, ,257,943, Purchase of financial assets under resale agreement Inventories Including: Raw materials Stock goods (finished goods) Classified as assets held for sale Non-current assets due within one year Other current assets 1,369,850, ,369,850, Total current assets 10,648,044, ,188,509, Non-current assets: Loans and advances Available-for-sale financial assets 211,042, ,042, Held-to-maturity investments Long-term accounts receivable Long-term equity investment 34,155,341, ,961,653, Funds to Burnchs Investment real estates Fixed assets cost 9,712, ,080, Less: Accumulated depreciation 929, Fixed assets net 8,783, ,080, Less: Provision for impairment of fixed assets Fixed assets net 8,783, ,080, Construction in progress 9

11 Item Closing balance Opening balance Construction materials Disposal of fixed assets Productive biological assets Oil & gas assets Intangible assets 2,676, ,973, R&D expenses 4,212, ,528, Goodwill Long-term prepaid expenses 1,264, Deferred income tax assets Other non-current assets Including: Physical assets reserve specifically authorized Total non-current assets 34,383,320, ,185,278, Total assets 45,031,365, ,373,788, Current liabilities: Short-term borrowings Borrowings from the central bank Receipt of deposits and placements from other banks Loans from other banks Financial liabilities at fair value through profit and loss Notes payable Accounts payable Advances from customers Amounts due to related parties Sale of financial assets under repurchase agreement Fees and commissions payable Payroll payable 1,914, ,644, Including: Accrued payroll Welfare benefits payable Taxes payable 2,450, Including: Taxes payable Interest payable 80,997, Dividends payable Other payables 8,820,261, ,148,922, Liabilities classified as held for sale Reinsured accounts payable Reserves for insurance contract Acting trading securities Acting underwriting securities Non-current liabilities due within one year Other current liabilities Total current liabilities 8,905,625, ,150,567,

12 Item Closing balance Opening balance Non-current liabilities: Long-term loan Bonds payable 2,985,589, ,984,769, Long-term account payable Payables for specific projects Contingent liabilities Deferred income tax liabilities Appropriation from the superordinate organization Other non-current liabilities Including: Authorized reserve fund Total non-current liabilities 2,985,589, ,984,769, Total liabilities 11,891,214, ,135,336, Owners equity(or shareholders equity): Paid-in capital (or share capital) 21,628,688, ,600,000, State-owned capital 21,628,688, ,600,000, Collective capital Legal person s capital Including: State-owned legal person s capital 21,628,688, ,600,000, Collective legal person s capital Individuals capital Foreign capital # Less: Returned capital Paid-in capital (or share capital), net 21,628,688, ,600,000, Capital surplus 11,638,449, ,638,449, Less: Treasury stock Other comprehensive income Including: Difference on translation of foreign currency financial statements Special reserves Surplus reserve Including: Statutory public welfare fund Discretionary public welfare fund General risk reserves Retained earnings -126,986, , Attributable to equity holders of the parent company 33,140,150, ,238,451, * Minority interests Total owner s equity 33,140,150, ,238,451, Total liabilities and owners equity 45,031,365, ,373,788, Head of division: Wang Jianping Chief accountant: Ding Yanzhang Head of accounting department: Chen Lixin 11

13 STATEMENTS OF PROFIT Prepared by: China Energy Engineering Corporation Limited (Parent company) From January to June 2015 No.: CEEC Primary Table 02 Item Amount for the period I. Total operating revenue Including: Operating revenue Including: Revenue from principal activities Revenue from other activities Interest income Earned premium Fees and commission income II. Total operating cost 162,260, Including: Operating cost Including: Cost from principal activities Cost from other activities Interest expenses Fees and commission expenses Surrender payment Net expenditure for compensation payments Net provision for insurance contracts Expenditures for insurance policy dividend Reinsurance costs Business tax and surcharge 1,752, Selling expenses Management expenses 79,844, Including: R&D expenses Finance costs 2,992,714, Including: Interest expenses 81,817, Interest income 1,156, Net loss from exchange (net gain is represented by - ) Impairments loss of assets Others Add: Gains from change in fair value(loss is represented by - ) Gain from investment (loss is represented by - ) 35,271, Including: Gains from investment in associates and joint ventures Gains from exchange(loss is represented by - ) 12

14 Item Amount for the period III. Operating profit (loss is represented by - ) -126,989, Add: Non-operating income Including: Gain from disposal of non-current assets Gain on disposal of non-monetary assets Government grants Gain on debt restructuring Less: Non-operating expense Including: Loss from disposal of non-current assets Loss on disposal of non-monetary assets Loss on debt restructuring IV. Total profit (total loss is represented by - ) -126,989, Less: Income tax expense V. Net profit (net loss is represented by - ) -126,989, Net profit attributable to the owners of the parent company -126,989, * Minority interests VI. Earnings per share: Basic earnings per share Diluted earnings per share VII. Other comprehensive income (1) Items not reclassified subsequently to profit or loss: Including: Changes as a result of re-measurement of net defined benefit plan liability or asset (2) Items to be reclassified to profit or loss when qualified in future accounting periods Including: Gains or loss arising from changes in fair value of available-for-sale financial assets Profit or loss from held-to-maturity investment reclassified as available-for-sale financial assets Effective portion of gains/(losses) on instruments designated as cash flow hedges Translation differences arising on translation of foreign currency VIII. Total comprehensive income -126,989, Total comprehensive income attributable to the owners of the parent company -126,989, * Total comprehensive income attributable to minority interests Head of division: Wang Jianping Chief accountant: Ding Yanzhang Head of accounting department: Chen Lixin 13

15 STATEMENT OF CASH FLOWS Prepared by: China Energy Engineering Corporation Limited (Parent company) January to June 2015 No.: CEEC Primary Table 03 Item Amount for the period Amount for the I. Cash flows from operating activities: Cash received from the sales of goods and the rendering of services Refund of taxes and levies Cash received relating to other operating activities 7,177,328, Sub-total of cash inflows from operating activities 7,177,328, Cash paid for goods purchased and services received Cash paid to and on behalf of employees 10,716, Payments of taxes and levies 726, Cash payments relating to other operating activities 6,639,222, Sub-total of cash outflows from operating activities 6,650,665, Net cash flows from operating activities 526,646, II. Cash flows from investing activities: Cash received from investment recovery Cash received from returns on investments 16,501, Proceeds from disposals of fixed assets, intangible assets and other long-term assets Proceeds from disposals of subsidiaries and other operating segments Cash received relating to other investing activities Sub-total of cash inflows from investing activities 16,501, Cash paid to acquire fixed assets, intangible assets and other long-term assets 3,635, Cash paid for investment 193,688, Net cash paid for acquisition of subsidiaries and other operating segments Cash payments relating to other investing activities Sub-total of cash outflows from investing activities 2,992,714, Net cash flows from investing activities -2,976,212,

16 Item Amount for the period Amount for the III. Cash flows from financing activities: Cash received from capital contribution 28,688, Including: Cash received by subsidiaries from investments of minority shareholders Proceeds from borrowings Proceeds from issuance of bonds Cash payments relating to other financing activities Sub-total of cash inflows from financing activities 28,688, Cash payments for debts settlement Cash payments for distribution of dividends, profits, or interest expenses Including: Dividends and profits paid by subsidiaries to minority shareholders Cash payments for bonds Cash payments relating to other financing activities Sub-total of cash outflows from financing activities Net cash flows from financing activities 28,688, IV. Effect of foreign exchange rate changes on cash and cash equivalents V. Net increase in cash and cash equivalents 374,529, Add: Cash and cash equivalents at beginning of period 1,185,737, VI. Cash and cash equivalents at end of period 1,560,266, Head of division: Wang Jianping Chief accountant: Ding Yanzhang Head of accounting department: Chen Lixin 15

17 CHINA ENERGY ENGINEERING CORPORATION LIMITED 2015 Third Quarter Financial Results December

18 Balance Sheet Prepared by: China Energy Engineering Corporation Limited (consolidated) September 30, 2015 No.: CEEC Primary Table 01 Item Consolidated closing balance Consolidated opening balance Current assets: Monetary assets 30,161,002, ,454,490, Settlement reserves Loans to banks or other financial institutions Financial assets at fair value through profit or loss 54,836, ,397, Bills receivables 2,164,846, ,823,304, Trade receivables 45,297,232, ,136,517, Prepayments 18,783,158, ,652,705, Premiums receivable Reinsurance accounts receivable Reinsurance contract reserve receivable Interest receivables 27,056, ,993, Dividends receivables 36,045, ,809, Other receivables 11,339,717, ,950,606, Purchase and sell-back of financial assets Inventories 51,770,744, ,747,786, Including: Raw material 4,004,317, ,759,495, Commodities (finished goods) 6,396,947, ,976,635, Assets classified as held for sale Non-current assets due within one year 687,340, ,784, Other current assets 7,061,109, ,827,027, Total current assets 167,383,090, ,709,423, Non-current assets: Provision of loans and advances Available-for-sale financial assets 6,135,989, ,321,047, Held-to-maturity investments Long term receivables 7,976,117, ,903,458, Long-term equity investments 4,345,664, ,290,992, Funds allocated to subsidiaries Investment properties 677,206, ,181,722, Fixed assets cost 40,408,367, ,204,277, Less: Accumulated depreciation 16,245,315, ,326,039, Net fixed assets 24,163,051, ,878,237, Less: Provision for impairment of fixed assets 281,884, ,491, Net fixed assets 23,881,167, ,583,746,

19 Item Consolidated closing balance Consolidated opening balance Construction in progress 2,920,014, ,751,001, Project supplies 190,952, ,440, Disposal of fixed assets 123,735, Productive biological assets Oil and gas assets Intangible assets 24,974,103, ,019,204, Development expenditure 72,209, ,360, Goodwill 792,264, ,807, Long-term prepaid expenses 289,280, ,783, Deferred income tax assets 1,140,421, ,141,627, Other non-current assets 1,861,198, ,793,578, Including: Approved reserve materials Total non-current assets 75,380,325, ,503,769, Total assets 242,763,415, ,213,192, Current liabilities: Short term borrowings 21,584,814, ,567,980, Borrowings from the central bank Deposits from customers and inter-bank deposits Loans from banks and other financial institutions Financial liabilities at fair value through profit or loss Bills payables 4,804,118, ,437,834, Trade payables 52,285,789, ,097,876, Receipts in advance 33,727,560, ,364,298, Payables to internal entities Gain on disposal of repurchased financial assets Fees and commissions payable Employee Benefits 1,757,845, ,264,185, Including: Accrued payroll 1,757,845, ,979, Accrued welfare 2,273, Tax charge payables 2,336,742, ,468,342, Including: Tax payable 1,803,242, ,349,581, Interest payables 134,958, ,747, Dividends payables 131,520, ,858, Other payables 16,353,244, ,203,494, Liabilities classified as held for sale Reinsurance accounts payable Insurance contract reserve payable Amount paid for agency securities trading Amount paid for agency securities underwriting Non-current liabilities due within one year 7,137,099, ,876,610, Other current liabilities 3,523,323, ,487,780, Total current liabilities 143,777,018, ,017,010,

20 Item Consolidated closing balance Consolidated opening balance Non-current liabilities: Long term borrowings 31,196,424, ,288,817, Bond payables 5,746,752, ,034,769, Long term payables 12,004,576, ,351,299, Long-term wages payable Special payables 639,163, ,161, Deferred income 453,147, ,739, Accrued liabilities 141,330, ,968, Deferred income tax liabilities 868,079, ,032,059, Fund appropriated by the parent company Other non-current liabilities 24,918, ,817, Including: Approved reserve fund Total non-current liabilities 51,074,393, ,448,633, Total liabilities 194,851,412, ,465,643, Equity attributable to the owners (or shareholders equity): Paid-in capital (share capital) 21,600,000, ,600,000, State-owned capital 21,600,000, ,600,000, Collectively-owned capital Capital attributable to legal persons Including: Capital attributable to state-owned legal persons 21,600,000, ,600,000, Capital attributable to collectivelyowned legal persons Private capital Capital attributable to foreign investors # Less: Reverted investment Net paid-in capital (or share capital) 21,600,000, ,600,000, Capital reserves 5,263,811, ,982,877, Less: treasury shares Other comprehensive income -50,937, Including: E xchange differences on translating foreign operations Special reserve 453,011, Surplus reserves -1,736, Including: Statutory common reserve Discretionary common reserve Provision for general risk Retained profit 3,468,428, Total owner s equity attributable to parent company 30,732,577, ,582,877, * Minority interests 17,179,425, ,164,670, Total owner s equity 47,912,003, ,747,548, Total liabilities and owner s equity 242,763,415, ,213,192, Head of division: Wang Jianping Chief accountant: Ding Yanzhang Head of accounting department: Chen Lixin 19

21 STATEMENTS OF PROFIT Prepared by: China Energy Engineering Corporation Limited(consolidated) From January to September 2015 No.: CEEC Primary Table 02 Items Amount for the period I. Total operating revenue 133,452,606, ,570,950, Including: Operating revenue 133,452,606, ,570,950, Including: Revenue from principal activities 132,128,288, ,932,481, Revenue from other activities 1,324,318, ,638,469, Interest income Earned premium Fees and commission income II. Total operating cost 128,735,815, ,191,559, Including: Operating cost 115,181,883, ,030,993, Including: Cost from principal activities 114,106,020, ,773,741, Cost from other activities 1,075,862, ,257,252, Interest expenses Fees and commission expenses Surrender payment Net expenditure for compensation payments Net provision for insurance contracts Expenditures for insurance policy dividend Reinsurance costs Business tax and surcharge 2,286,883, ,211,451, Selling expenses 1,097,209, ,058,116, Management expenses 7,178,251, ,689,747, Including: R&D expenses 954,460, ,655, Finance costs 2,478,503, ,083,161, Including: Interest expenses 2,600,511, ,024,006, Interest income 197,078, ,839, N et Loss from exchange (net gain is represented by - ) 75,071, ,360, Impairments loss of assets 513,084, ,088, Others Add: Gains from change in fair value (loss is represented by - ) -54,904, ,221, Gain from investment (loss is represented by - ) 1,288,544, ,081, In cluding: Gains from investment in associates and joint ventures 45,374, ,781, Gains from exchange (loss is represented by - ) 1,482, ,

22 Items Amount for the period III. Operating profit (loss is represented by - ) 5,951,914, ,025,013, Add: Non-operating income 431,041, ,110, Including: Gain from disposal of non-current assets 36,701, ,702, Gain on disposal of non-monetary assets Non-operating gains on acquisition of companies owned by employees of the Group 98,364, Government grants 233,875, ,097, Gain on debt restructuring 36,052, ,235, Less: Non-operating expense 93,582, ,759, Including: Loss from disposal of non-current assets 29,438, ,384, Loss on disposal of non-monetary assets 158, Loss on debt restructuring 169, , IV. Total profit (total loss is represented by - ) 6,289,372, ,531,364, Less: Income tax expense 1,426,117, ,024, V. Net profit (net loss is represented by - ) 4,863,255, ,578,339, Net profit attributable to the owners of the Company 3,468,428, ,309,444, * Minority interests 1,394,827, ,268,895, VI. Earnings per share: Basic earnings per share Diluted earnings per share VII. Other comprehensive income -1,587,412, ,847, Items not reclassified subsequently to profit or loss: -609,675, ,716, Including: (1) Changes as a result of re-measurement of net defined benefit plan liability or asset -636,489, ,693, (2) Share of other comprehensive income of the investees which cannot be reclassified into profit or loss under equity method (3) Effect of income tax arising from changes as a result of re-measurement of net defined benefit plan liability or asset 26,814, ,023, Items to be reclassified to profit or loss when qualified in future accounting periods -2,530,475, ,725, Including: (1) Gains or loss arising from changes in fair value of available-for-sale financial assets -1,256,561, ,142, (2) Effect of income tax arising from changes in fair value of available-for-sale financial assets -1,256,561, ,142, (3) Profit or loss from held-to-maturity investment reclassified as available-for-sale financial assets (4) Effective portion of gains/(losses) on instruments designated as cash flow hedges (5) Translation differences arising on translation of foreign currency -17,351, , (6) Other items directly included in the equity attributable to the owners 92, VIII. Total comprehensive income 3,275,843, ,625,187, Total comprehensive income attributable to the owners of the Company 2,335,557, ,333,860, * Total comprehensive income attributable to minority interests 940,286, ,291,326, Head of division: Wang Jianping Chief accountant: Ding Yanzhang 21 Head of accounting department: Chen Lixin

23 CASH FLOWS STATEMENT Prepared by: China Energy Engineering Corporation Limited (consolidated) January to September 2015 No.: CEEC Primary Table 03 Item current period I. Cash flows from operating activities: Cash received from the sales of goods and the rendering of services 119,340,713, ,941,887, Net increase of loans from other financial institutions Cash received from interests, fees and commissions Refund of taxes and levies 169,817, ,562, Cash received relating to other operating activities 39,022,286, ,541,325, Sub-total of cash inflows from operating activities 158,532,816, ,689,775, Cash paid for goods purchased and services received 102,784,191, ,566,291, Net increase of customers loans and advances Cash paid for interests, fees and commissions Cash paid to and on behalf of employees 14,713,271, ,337,802, Payments of taxes and levies 5,415,407, ,518,142, Cash payments relating to other operating activities 43,694,170, ,743,675, Sub-total of cash outflows from operating activities 166,607,040, ,165,912, Net cash flows from operating activities -8,074,224, ,476,137, II. Cash flows from investing activities: Cash received from investment recovery 5,439,612, ,271,949, Cash received from returns on investments 210,013, ,983, Proceeds from disposals of fixed assets, intangible assets and other long-term assets 1,080,611, ,207, Proceeds from disposals of subsidiaries and other operating segments Cash received relating to other investing activities 388,092, ,456, Sub-total of cash inflows from investing activities 7,118,329, ,182,596, Cash paid to acquire fixed assets, intangible assets and other long-term assets 5,569,486, ,253,660, Cash paid for investment 253,570, ,948,693, Net cash paid for acquisition of subsidiaries and other operating segments 552,616, ,298, Cash payments relating to other investing activities 2,472,878, ,412, Sub-total of cash outflows from investing activities 8,848,550, ,479,064, Net cash flows from investing activities -1,730,221, ,296,468,

24 Item current period III. Cash flows from financing activities: Cash received from capital contribution 1,213,955, ,021,621, Including: Cash received by subsidiaries from investments of minority shareholders 1,055,732, ,381,621, Proceeds from borrowings 33,442,156, ,844,024, Proceeds from issuance of bonds 3,500,000, Cash payments relating to other financing activities 5,110,228, ,980, Sub-total of cash inflows from financing activities 39,766,339, ,731,627, Cash payments for debts settlement 22,633,707, ,141,492, Cash payments for distribution of dividends, profits, or interest expenses 3,213,524, ,547,364, Including: Dividends and profits paid by subsidiaries to minority shareholders 705,699, ,205, Cash payments for bonds Cash payments relating to other financing activities 5,992,684, ,657, Sub-total of cash outflows from financing activities 31,839,915, ,834,514, Net cash flows from financing activities 7,926,424, ,897,113, IV. Effect of foreign exchange rate changes on cash and cash equivalents -94,901, ,220, V. Net increase in cash and cash equivalents -1,972,922, ,728, Add: Cash and cash equivalents at beginning of period 28,756,576, ,883,789, VI. Cash and cash equivalents at end of period 26,783,654, ,012,518, Head of division: Wang Jianping Chief accountant: Ding Yanzhang Head of accounting department: Chen Lixin 23

25 Balance Sheet Prepared by: China Energy Engineering Corporation Limited (Parent company) September 30, 2015 No.: CEEC Primary Table 01 Item Closing balance Opening balance Current assets: Monetary assets 1,821,103, ,185,737, Settlement reserves Loans to banks or other financial institutions Financial assets at fair value through profit or loss Bills receivables Trade receivables Prepayments 4,973, , Premiums receivable Reinsurance accounts receivable Reinsurance contract reserve receivable Interest receivables Other receivables 2,361,707, ,374,409, Dividends receivables 2,039,440, ,257,943, Purchase and sell-back of financial assets Inventories Including: Raw material Commodities (finished goods) Assets classified as held for sale Non-current assets due within one year Other current assets 1,639,850, ,369,850, Total current assets 7,867,074, ,188,509, Non-current assets Provision of loans and advances Available-for-sale financial assets 268,042, ,042, Held-to-maturity investments Long term receivables Long-term equity investments 34,304,017, ,961,653, Funds allocated to subsidiaries Investment properties Fixed assets cost 17,114, ,080, Less: Accumulated depreciation 1,544, Net fixed assets 15,570, ,080, Less: Provision for impairment of fixed assets Net fixed assets 15,570, ,080, Construction in progress 24

26 Item Closing balance Opening balance Project supplies Disposal of fixed assets Productive biological assets Oil and gas assets Intangible assets 3,104, ,973, Development expenditure 4,549, ,528, Goodwill Long-term prepaid expenses Deferred income tax assets Other non-current assets Including: Approved reserve materials Total non-current assets 34,595,284, ,185,278, Total assets 42,462,359, ,373,788, Current liabilities Short term borrowings Borrowings from the central bank Deposits from customers and inter-bank deposits Loans from banks and other financial institutions Financial liabilities at fair value through profit or loss Bills payables Trade payables Receipts in advance Payables to internal entities Gain on disposal of repurchased financial assets Fees and commissions payable Employee Benefits 2,526, ,644, Including: Accrued payroll Accrued welfare Tax charge payables 1,290, Including: Tax payable Interest payables 122,167, Dividends payables Other payables 6,273,300, ,148,922, Liabilities classified as held for sale Reinsurance accounts payable Insurance contract reserve payable Amount paid for agency securities trading Amount paid for agency securities underwriting Non-current liabilities due within one year Other current liabilities Total current liabilities 6,399,285, ,150,566,

27 Item Closing balance Opening balance Non-current liabilities Long term borrowings Bond payables 2,985,979, ,984,769, Long term payables Special payables Accrued liabilities Deferred income tax liabilities Fund appropriated by the parent company Other non-current liabilities Including: Approved reserve fund Total non-current liabilities 2,985,979, ,984,769, Total liabilities 9,385,265, ,135,335, Equity attributable to the owners (or shareholders equity): Paid-in capital (share capital) 21,600,000, ,600,000, State-owned capital 21,600,000, ,600,000, Collectively-owned capital Capital attributable to legal persons Including: Capital attributable to state-owned legal persons 21,600,000, ,600,000, Capital attributable to collectively-owned legal persons Private capital Capital attributable to foreign investors # Less: Reverted investment Net paid-in capital (or share capital) 21,600,000, ,600,000, Capital reserves 11,681,216, ,638,449, Less: Treasury shares Other comprehensive income Including: Exchange differences on translating foreign operations Special reserve Surplus reserves Including: Statutory common reserve Discretionary common reserve Provision for general risk Retained profit -204,122, , Total owner s equity attributable to parent company 33,077,094, ,238,452, * Minority interests Total owner s equity 33,077,094, ,238,452, Total liabilities and owner s equity 42,462,359, ,373,788, Head of division: Wang Jianping Chief accountant: Ding Yanzhang Head of accounting department: Chen Lixin 26

28 STATEMENTS OF PROFIT Prepared by: China Energy Engineering Corporation Limited (Parent company) From January to September 2015 No.: CEEC Primary Table 02 Items Amount for the period I. Total operating revenue Including: Operating revenue Including: Revenue from principal activities Revenue from other activities Interest income Earned premium Fees and commission income II. Total operating cost 259,739, Including: Operating cost Including: Cost from principal activities Cost from other activities Interest expenses Fees and commission expenses Surrender payment Net expenditure for compensation payments Net provision for insurance contracts Expenditures for insurance policy dividend Reinsurance costs Business tax and surcharge 2,480, Selling expenses Management expenses 140,153, Including: R&D expenses Finance costs 117,105, Including: Interest expenses Interest income 6,277, Net Loss from exchange(net gain is represented by - ) Impairments loss of assets Others Add: Gains from change in fair value (loss is represented by - ) Gain from investment (loss is represented by - ) 55,614, Including: Gains from investment in associates and joint ventures Gains from exchange(loss is represented by - ) 27

29 Items Amount for the period III. Operating profit (loss is represented by - ) -204,124, Add: Non-operating income Including: Gain from disposal of non-current assets Gain on disposal of non-current assets Government grants Gain on debt restructuring Less: Non-operating expense Including: Loss from disposal of non-current assets Loss on disposal of non-current assets Loss on debt restructuring IV. Total profit (total loss is represented by - ) -204,124, Less: Income tax expense V. Net profit (net loss is represented by - ) -204,125, Net profit attributable to the owners of the Company -204,125, * Minority interests VI. Earnings per share: Basic earnings per share Diluted earnings per share VII. Other comprehensive income (1) Items not reclassified subsequently to profit or loss: Including: Changes as a result of re-measurement of net defined benefit plan liability or asset (2) Items to be reclassified to profit or loss when qualified in future accounting periods Including: Gains or loss arising from changes in fair value of available-for-sale financial assets Profit or loss from held-to-maturity investment reclassified as available-for-sale financial assets Effective portion of gains/(losses) on instruments designated as cash flow hedges Translation differences arising on translation of foreign currency VIII. Total comprehensive income -204,125, Total comprehensive income attributable to the owners of the Company -204,125, * Total comprehensive income attributable to minority interests Head of division: Wang Jianping Chief accountant: Ding Yanzhang Head of accounting department: Chen Lixin 28

30 STATEMENT OF CASH FLOWS Prepared by: China Energy Engineering Corporation Limited (Parent company) January to September 2015 No.: CEEC Primary Table 03 Item period I. Cash flows from operating activities: Cash received from the sales of goods and the rendering of services Refund of taxes and levies Cash received relating to other operating activities 19,710,157, ,090,017, Sub-total of cash inflows from operating activities 19,710,157, ,090,017, Cash paid for goods purchased and services received Cash paid to and on behalf of employees Payments of taxes and levies Cash payments relating to other operating activities 17,730,526, Sub-total of cash outflows from operating activities 17,730,526, Net cash flows from operating activities 1,979,631, ,090,017, II. Cash flows from investing activities: Cash received from investment recovery 198,500, Cash received from returns on investments Proceeds from disposals of fixed assets, intangible assets and other long-term assets Proceeds from disposals of subsidiaries and other operating segments Cash received relating to other investing activities Sub-total of cash inflows from investing activities 198,500, Cash paid to acquire fixed assets, intangible assets and other long-term assets Cash paid for investment 1,576,167, Net cash paid for acquisition of subsidiaries and other operating segments Cash payments relating to other investing activities Sub-total of cash outflows from investing activities 1,576,167, Net cash flows from investing activities -1,377,667,