[一季报]深赛格B:2021年第一季度报告正文（英文版）
Stock code: 000058, 200058 Stock abbreviation: SHEN SEG, SHEN SEG B Notice No.: 2021-025 Body of Q1 2021 Report of Shenzhen SEG Co., Ltd. Content Chapter 1 Important Notice.................................................................................................................. 4 Chapter 2 Basic Information About The Company ............................................................................. 5 Chapter 3 Important Matters ................................................................................................................ 9 Interpretation Items Refers to Contents The Company, Company, listed company, SHEN SEG Refers to Shenzhen SEG Co., Ltd. SEG Group Refers to Shenzhen SEG Group Co., Ltd. SEG Property Refers to Shenzhen SEG Property Investment Co., Ltd. SEG Kangle Refers to Shenzhen SEG Kangle Enterprise Development Co., Ltd. SEG Chuangyehui Refers to Shenzhen SEG Chuangyehui Co., Ltd. SEG Property Management Refers to Shenzhen SEG Property Management Co., Ltd. XinDongsheng Property Management Refers to Shenzhen XinDongsheng Property Management Co., Ltd. SEG New Urban Refers to Shenzhen SEG New Urban Construction Development Co., Ltd. Target company Refers to Four companies including SEG Property, SEG Property Development, SEG Kangle and SEG Chuangyehui injected during this major asset restructuring Huakong SEG Refers to Shenzhen Huakong SEG Co., Ltd. SEG Smartechs Refers to Shenzhen SEG Smartechs Co., Ltd. Unless otherwise specified, the monetary amounts quoted in this report Refers to RMB In the reporting period Refers to From 1 Jan. 2021 to 31 Mar. 2021 Chapter 1 Important Notice The Board of Directors, the Board of Supervisors, the directors, the supervisors, and the senior executives guarantee that the quarterly report is authentic, accurate, and complete and that it has no false records, misleading statements or major omissions and they undertake joint and several legal liabilities. All Directors are attended the Board Meeting for Quarterly Report deliberation. Chairman of the Board Zhang Liang, Chief Financial Officer Yan Dongxia, and the responsible person of the accounting institution (accountant in charge) Wang Lei hereby declare that the Financial statements enclosed in this quarterly report are true, accurate and complete. Chapter 2 Basic Information About The Company I. Major Accounting Data And Financial Indexes Are retrospective adjustments made to previous financial statements? □ Yes √ No Amount of the reporting period Amount of the same period of the previous year Year-on-year increase/decrease in the reporting period OperatingIncome (yuan) 463,208,485.25 192,164,935.58 141.05% Net profit attributable to shareholders of the listed company (yuan) 33,065,039.59 -11,787,492.80 380.51% Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses (yuan) 28,784,190.03 -18,662,797.99 254.23% Net cash flow arising from operating activities (yuan) -64,410,695.22 -30,503,048.76 -111.16% Basic EPS (yuan/share) 0.0268 -0.0095 381.67% Diluted EPS (yuan/share) 0.0268 -0.0095 381.67% Weighted average ROE 1.72% -0.62% 2.34% Amount at the end of the reporting period Amount at the end of the previous year Year-on-year increase/decrease in the reporting period Total assets (yuan) 5,932,955,389.44 5,830,977,104.07 1.75% Net assets attributable to shareholders of the listed company (yuan) 1,938,778,732.95 1,905,722,149.42 1.73% Items and Amount of Non-recurring Profits and Losses √ Applicable □ Not Applicable Unit: RMB/Yuan Item Amount from the beginning of year to the end of the period Remarks Profits/losses from disposal of non-current assets (including the write-off portion of the impairment provision for assets already withdrawn) -1,643.55 Government subsidies recognized in current profit or loss (except 1,034,362.78 those closely related to corporate business and enjoyed according to national standards or certain quota) Capital occupation fee charged to non-financial enterprise that reckoned into current Profits/losses 329,322.62 Profit and loss from commissioned investment or asset management 4,032,427.96 Trust fee obtained from trust operation 33,558.50 Other non-operating income and expenditure except for the aforementioned items 1,272,276.88 Less: Amount of affected income tax 1,622,984.66 Amount of influence of minority shareholders' equity (after tax) 796,470.97 Total 4,280,849.56 -- An explanation shall be made with regard to the Company's considerations for defining non-recurring profit and loss according to the Explanatory Announcement No.1 on Information Disclosure for Companies Offering Securities to the Public - Non-recurring Profit and Loss and the reason of classifying the non-recurring profit and loss listed in this announcement as recurring. □ Applicable √ Not applicable In the reporting period, no item of non-recurring profit and loss defined and listed according to the Explanatory Announcement No. 1 on Information Disclosure by Companies Offering Securities to the Public — Non-recurring Profit and Loss is defined as an item of recurring profit and loss. II. Total Number Of Shareholders And Shares Held By Top 10 Shareholders At The End Of The Reporting Period 1. Total Number Of Common Shareholders And Preferred Shareholders Restored With Voting Rights And Shares Held By Top 10 Shareholders Unit: Share Total number of common shareholders at the end of the reporting period 72,992 Total number of preferred shareholders restored with the voting rights (if any) 0 Shares held by top 10 shareholders Name of shareholder Nature of shareholder Proportion of shareholding Shares held Quantity of restricted shares held Information on pledged or frozen shares Share status Quantity Shenzhen SEG Group Co., Ltd. State-owned legal person 56.70% 700,618,759 450,857,239 LI SHERYN ZHAN MING Overseas natural person 0.73% 9,063,952 0 Liu Guocheng Domestic natural 0.59% 7,250,502 0 person Hou Xiulan Domestic natural person 0.40% 4,980,000 0 Yang Fan Domestic natural person 0.35% 4,287,000 0 Liu Guohong Domestic natural person 0.28% 3,402,503 0 Gong Qianhua Overseas natural person 0.24% 2,940,000 0 Xu Yueying Domestic natural person 0.16% 1,972,000 0 Hong Kong Securities Clearing Company Ltd. Overseas legal person 0.13% 1,571,255 0 Zhou Qi Overseas natural person 0.11% 1,356,601 0 Information on top 10 shareholders of non-restricted shares Name of shareholder Quantity of unrestricted common shares held Type of share Type of share Quantity Shenzhen SEG Group Co., Ltd. 249,761,520 RMB common shares 249,761,520 LI SHERYN ZHAN MING 9,063,952 Domestically listed foreign shares 9,063,952 Liu Guocheng 7,250,502 Domestically listed foreign shares 7,250,502 Hou Xiulan 4,980,000 RMB common shares 4,980,000 Yang Fan 4,287,000 RMB common shares 4,287,000 Liu Guohong 3,402,503 Domestically listed foreign shares 3,402,503 Gong Qianhua 2,940,000 Domestically listed foreign shares 2,940,000 Xu Yueying 1,972,000 Domestically listed foreign shares 1,972,000 Hong Kong Securities Clearing Company Ltd. 1,571,255 RMB common shares 1,571,255 Zhou Qi 1,356,601 RMB common shares 1,356,601 Explanations on the association Shenzhen SEG Group Co., Ltd. has no association relationship with other shareholders and relationship or concerted action among the above-mentioned shareholders is not a person acting in concert with other shareholders as specified in the Management Methods for Disclosure of Information on Changes of Shareholding Status of Shareholders of Listed Companies. It is unclear whether other shareholders are persons acting in concert. Information on top 10 common shareholders participating in securities margin trading (if any) 无 Did top 10 common shareholders of the Company or top 10 common shareholders of non-restricted shares conduct agreed repurchase transactions in the reporting period? □ Yes √ No Top 10 common shareholders of the Company or top 10 common shareholders of non-restricted shares did not conduct agreed repurchase transactions in the reporting period. 2. Total Number Of Preferred Shareholders And Shares Held By Top 10 Preferred Shareholders □ Applicable √ Not applicable Chapter 3 Important Matters I. Changes In Main Financial Data And Financial Indicators Of The Reporting Period And Reasons √ Applicable □ Not applicable (i) Items of the Consolidated Balance Sheet Statement Unit: RMB/Yuan Item Closing balance Opening balance Difference Increase/decrease year on year (%) Accounts receivable 197,625,468.15 125,360,837.70 72,264,630.45 57.65% Other account receivable 96,062,846.98 73,166,985.92 22,895,861.06 31.29% Right-of-use assets 119,354,169.61 0.00 119,354,169.61 100.00% Non-current liability due within one year 1,043,936,820.85 778,648,438.44 265,288,382.41 34.07% Long-term loans 417,500,000.00 698,500,000.00 -281,000,000.00 -40.23% Lease liability 119,510,487.69 0.00 119,510,487.69 100.00% 1. Accounts receivable: increased by 57.65% over the beginning of the period, mainly due to the settlement of property management business. 2. Other account receivable: increased by 31.29% over the beginning of the period, mainly due to the increase in operating transactions. 3.Right-of-use assets: mainly due to the implementation of new lease standards. 4. Non-current liability due within one year: increased by 34.07% over the beginning of the period, mainly because the long-term loans due within one year increased. 5. Long-term loans: decreased by 40.23% over the beginning of the period, mainly because return part of the bank loans and re-classify to non-current liability due within one year. 6. Lease liability: mainly due to the implementation of new lease standards. (ii)Items of the Consolidated Profit Statement Unit: RMB/Yuan Item Amount for the current period Amount of the same period of the previous year Difference Increase/decrease year on year (%) Operating income 463,208,485.25 192,164,935.58 271,043,549.67 141.05% Operating cost 347,538,135.16 154,514,584.91 193,023,550.25 124.92% Tax and surcharges 7,413,187.00 5,171,963.12 2,241,223.88 43.33% Sale expenses 5,503,600.12 2,724,883.63 2,778,716.49 101.98% Credit impairment losses 5,603,672.81 119,525.00 5,484,147.81 4588.29% Income tax expense 20,567,879.14 4,817,893.89 15,749,985.25 326.91% 1. Operating income: increased by 141.05% year on year, mainly because SEG Property Management has new enterprise- XinDongsheng Property Management included in the statement, and rent reduction by the company in the same period of the previous year. 2.Operating cost: increased by 124.93% year on year, mainly because SEG Property Management has new enterprise- XinDongsheng Property Management included in the statement. 3. Tax and surcharges: increased by 43.33% year on year, mainly because the property tax and VAT increased in the Period. 4. Sale expenses: increased by 101.98% year on year, mainly due to the increase in revenue from property sales and commissions increased correspondingly. 5. Credit impairment losses: increased by 4588.29% year on year, mainly due to the recovery of litigation payments in the Period. 6. Income tax expense: increased by 326.91% year on year, mainly because total profit increased in the Period. (iii) Items of the Consolidated Cash Flow Statement Unit: RMB/Yuan Item Amount for the current period Amount for the same period of the previous year Difference Increase/decrease year on year (%) Net cash flow arising from operation activities -64,410,695.22 -30,503,048.76 -33,907,646.46 -111.16% Net cash flow arising from investment activities -17,972,160.08 -6,601,609.82 -11,370,550.26 -172.24% Net cash flow arising from financing activities -38,781,758.53 -59,415,031.36 20,633,272.83 34.73% 1.Net cash flow arising from operation activities: decreased by 111.16% year on year, mainly because the property management business scale expanded, and the purchase of goods and other payments of cash increased. 2.Net cash flow arising from investment activities: decreased by 172.24% year on year, mainly because bank financial products purchased in the Period increased. 3. Net cash flow arising from financing activities: increased by 34.73% year on year, mainly because payment of bank loans decreased in the Period. II. Progress And Impacts Of Major Events And Analysis Of Solutions √ Applicable □ Not applicable Except for the important matters in the following table, there are no other important matters Overview of major events Disclosure date Inquiry index for the websites disclosing the temporary reports 1. Self-inspection Report and Rectification Plan on Improving the Corporate Governance Standards to Achieve a High Quality Development 4 January 2021 Juchao Website: http://www.cninfo.com.cn/-”Resolution of 18th extraordinary meeting of 8th BOD” 2. 36% Equity of Shenzhen XinDongsheng Property Management Co., Ltd Purchased by Shenzhen SEG Property Management 29 February 2020 Juchao Website: http://www.cninfo.com.cn/-”Resolution of 5th extraordinary meeting of 8th BOD and Notice on the Acquisition of Equity by Co., Ltd. Shenzhen SEG Property Management Co., Ltd.” 6 January 2021 Juchao Website: http://www.cninfo.com.cn/-”Notice on Completion of the Shareholding Delivery of Purchasing the Equity of Shenzhen SEG Property Management Co., Ltd by Shenzhen SEG Property Management Co., Ltd (controlling sub-subsidiary) ” 3.Reduction of Shares of Shenzhen Huakong SEG Co., Ltd. Held by the Company 10 September 2020 Juchao Website: http://www.cninfo.com.cn/-”Resolution of 12th extraordinary meeting of 8th BOD and Notice on Reducing the Stock of Shenzhen Huakong SEG Co., Ltd. held by the Company” 26 September 2020 Juchao website: http://www.cninfo.com.cn/-”Resolution of the 5th extraordinary shareholders general meeting of 2020” 27 November 2020 Juchao Website: http://www.cninfo.com.cn/-”Notice on the Progress of the Implementation of the Stock Reduction of Shenzhen Huakong SEG Co., Ltd ” 13 January 2021 Juchao Website: http://www.cninfo.com.cn/-”Implementation of the Share Reduction of Shenzhen Huakong SEG Co., Ltd ” 4. Selection of the Disclosure Media for 2021 and Engagement of the Securities Legal Counsel for 2021 26 January 2021 Juchao Website: http://www.cninfo.com.cn/-”Resolution of 19th extraordinary meeting of 8th BOD” 5. Appointment of the Securities Affairs Representative 26 January 2021 Juchao Website: http://www.cninfo.com.cn/-”Resolution of 19th extraordinary meeting of 8th BOD” 6. SEG New Urban’s Involvement in Litigation and Progress 8 October 2019 Juchao Website: http://www.cninfo.com.cn/-”Notice on Progress of the controlling sub-subsidiary’s Involvement in Litigation” 17 April 2020 Juchao Website: http://www.cninfo.com.cn/-”Notice on Progress of the controlling sub-subsidiary’s Involvement in Litigation” 16 September 2020 Juchao Website: http://www.cninfo.com.cn/-”Notice on Progress of the controlling sub-subsidiary’s Involvement in Litigation” 15 December 2020 Juchao Website: http://www.cninfo.com.cn/-”Notice on Progress of the controlling sub-subsidiary’s Involvement in Litigation” 8 April 2021 Juchao Website: http://www.cninfo.com.cn/-”Notice on Progress of the controlling sub-subsidiary’s Involvement in Litigation ” Progress of share repurchases □ Applicable √ Not applicable Progress of reduction of holding-shares in the form of centralized bidding □ Applicable √ Not applicable III. Commitments Not Fulfilled In The Reporting Period By The Actual Controller Of The Company, Shareholders, Buyers, Or Other Related Parties √ Applicable □ Not applicable Commitments Subject Type Content Commitment date Commitment term Performance Commitment for share reform Not applicable Commitments in the Acquisition Report and the Report of Changes on Equity Not applicable Commitments made at the time of restructuring of assets Shenzhen SEG Group Co., Ltd. Other commitment "After updating and restructuring of SEG Industrial Building, SEG Economy Building, and SEG Recreation Industry Building, the area of added part that belongs to SEG Chuangyehui, SEG Recreation and SEG Property is 2,855.20 m2. SEG Group undertakes 3 August 2016 Long-term effective Extended performance: The Company has applied for extension of the license for the said property after expiration and that the use of the temporary buildings belonged to SEG Chuangyehui, SEG Recreation and SEG Property will be renewed after expiration of the two-year use duration. In case when, due to failure in renewal of use of temporary buildings, the listed company has any loss or the income during the period from expiration of the performance commitment period to expiration of the evaluated income expected period is lower than the expected compensation, or the listed company has any loss because the temporary buildings are required to be dismantled by governmental organs during the period from expiration of the performance commitment period to expiration of the evaluated income expected period, SEG Group will compensate the listed company timely and in full amount according to the following compensation methods: 1. SEG Group has made commitments for the performance of the subject company within three years after completion of major asset restructuring. Influence of the updating and restructuring project has been taken into account in the commitments. 2. The amount of compensation for the income that is lower than the expected income during the period from submitted application materials to the relevant competent authority for approval expiration of the performance commitment period to expiration of the evaluated income expected period = (the predicted accumulated income to the end of the report period - actual accumulated income to the end of the report period) - the compensated amount. 3. The loss caused when the temporary buildings are required to be dismantled by governmental organs during the period from expiration of the performance commitment period to expiration of the evaluated income expected period = the dismantling cost and compensation amount related - (the accumulated total income to the time the buildings are dismantled- predicted accumulated income during the predication period). Note: the predicted income refers to the net value remained after the predicted total income from the newly added temporary buildings in the evaluation reports of the subject companies minuses the allocated investment cost during the operating period and the amount influenced by permanent rent termination predicted in the evaluation report. Shenzhen SEG should employ an audit agency with security practice qualification recognized by SEG Group to provide a formal audit report on the compensation methods for the property investment within the compensation scope of the report period within four months at the end of each accounting year during the compensation period. SEG Group should compensate in cash any property investment and compensation items within the compensation scope of the report period. Shenzhen SEG should calculate the payable compensation amount within 15 working days upon final specific review opinions provided by the audit agency, and send a written notice to SEG Group. Within 30 working days upon receipt of the written notice from Shenzhen SEG, SEG Group should pay the compensation in cash in full amount." Commitment made at the time of initial public offerings or refinancing Not applicable Commitment on equity incentives Not applicable Other commitments made to the medium and small shareholders of the Company Not applicable Whether commitments were fulfilled on time No For commitments unfulfilled in the commitment The newly added properties arising from updating and restructuring of the above mentioned three buildings, including SEG Industrial Building, are the temporary buildings. And in accordance with the Measures for the Implementation of Temporary Building Management in Futian District, Shenzhen (Interim), the service time for period, specify the reasons for non-fulfillment and further plans temporary building is from 21 April 2016 to 20 April 2018, according to the Regulations of Guangdong Province on Urban and Rural Planning, the temporary building can apply for a one-year extension (deadline on 20 April 2019). in addition, the Shenzhen City and Futian District do not clearly specify the extension or extension of the time limit for the temporary buildings. After service time expired (on 20 April 2018), the Company has applied for extension, materials have been submitted for approval to relevant authorities, but no extension was granted. Up to now, the listed company did not suffer losses for the above mentioned matters, and there is no need for compensation from SEG Group. IV. Financial Assets Investment 1. Securities Investment √Applicable □ Not applicable Unit: RMB/Yuan Stock type Stock code Short form of the security Initial investment cost Accounting measurement mode Opening book value Profit or loss from changes in fair value in the current period Accumulative changes in fair value counted into equity Amount of purchase in the current period Amount of sales in the current period Profit or loss in the reporting period Closing book value Accounting item Source of capital Domestic and overseas shares 600778 Youhao Group 90,405.00 Measurement of fair value 242,125.17 -16,991.24 0.00 0.00 0.00 225,133.93 Investment in other equity instruments Self-owned capital Domestic and overseas shares 000068 Huakong SEG 165,819,274.44 Measurement of equity method 101,162,523.51 28.52 0.00 -3,773,167.72 97,389,384.32 Long-term equity investment Self-owned capital Domestic and overseas shares 832770 SEG Smartechs 8,275,321.43 Measurement of cost method 13,515,392.83 0.00 0.00 0.00 13,515,392.83 Investment in other equity instruments Self-owned capital Total 174,185,000.87 -- 114,920,041.51 0.00 -16,962.72 0.00 0.00 -3,773,167.72 111,129,911.08 -- -- Disclosure date of securities investment approval of the Board Disclosure date of securities investment approval of the Shareholder Meeting (if any) 2. Derivative Investment □Applicable √ Not applicable No derivative investment is involved in the reporting period. V. Progress Of The Fund-Raising Investment Projects □Applicable √ Not applicable VI. Prediction Of Business Performance From January – June 2021 Estimation on accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the warning of its material change compared with the corresponding period of the last year and explanation on reason □Applicable √ Not applicable VII. Major Contracts For Daily Operations √Applicable □ Not applicable Unit:RMB/Yuan Contracting party Counter party of the contract Contract subject Total contract amount Progress of contract performance Sales revenue recognized in the period and cumulatively Collection of receivables SEG New Urban Shenzhen Huahui Group Co., Ltd. Part of the property of SEG New Urban Plaza 1038 million Yuan The contract has not yet come into force / / SEG New Urban Shenzhen Hua Ao Grop Co., Ltd. (1/F-5/F), No.2 building of the SEG New Urban Plaza (Phase I) 195 million Yuan The contract has not yet come into force / / SEG New Huang (6/F-7/F), No.2 building of the 50.4 million Yuan The contract has not yet / / Urban Xianzhen SEG New Urban Plaza (Phase I) come into force Progress of the major contract is materially different from the contract agreement and affects the contract amount of 30% or more □Applicable . Not applicable VIII. Trust Financing √Applicable □ Not applicable Unit: 10 thousand Yuan Specific type Sources of funds Amount occurred Undue balance Overdue amount Financing products Self-owned capital 83,711 83,711 0 Total 83,711 83,711 0 Details of the single major amount, or high-risk trust investment with low security, poor fluidity and non-guaranteed □Applicable √ Not applicable Entrust financial expected to be unable to recover the principal or impairment might be occurred □Applicable √ Not applicable IX. Guarantee Outside Against The Regulation □Applicable √ Not applicable The Company had no guarantee outside against the regulation in the period. X. Non-Operational Fund Occupation From Controlling Shareholders And Its Related Party □Applicable √ Not applicable There was no non-operational fund occupation from controlling shareholders and its related party XI. Registration Form For Receiving Research, Communication And Interview In The Report Period √Applicable □ Not applicable Date Reception location Method Reception type Reception object Main content and information provided Index for the interview and research 5 Jan. 2021 The Company Telephoning Individual Investor Inquire the business information / 5 Jan. 2021 The Company Telephoning Individual Investor Inquire the production and / operation information of the Company 7 Jan. 2021 The Company Telephoning Individual Investor Inquire the production and operation information of the Company and corporate governance / 7 Jan. 2021 The Company Telephoning Individual Investor Inquire the business information / 18 Jan. 2021 The Company Telephoning Individual Investor Inquire the business condition of 2020 / 19 Jan. 2021 The Company Telephoning Individual Investor Inquire the business information / 20 Jan. 2021 The Company Telephoning Individual Investor Inquire the business information / 20 Jan. 2021 The Company Telephoning Individual Investor Inquire the business information / 20 Jan. 2021 The Company Telephoning Individual Investor Inquire the business information / 29 Jan. 2021 The Company Telephoning Individual Investor Inquire the business information / 1 Feb. 2021 The Company Telephoning Individual Investor Inquire the business information / 2 Feb. 2021 The Company Telephoning Individual Investor Inquire the business information / 9 Feb. 2021 The Company Telephoning Individual Investor Inquire the business / information 9 Mar. 2021 The Company Telephoning Individual Investor Inquire the production and operation information of the Company / 11 Mar. 2021 The Company Telephoning Individual Investor Inquire the business information / 17 Mar. 2021 The Company Telephoning Individual Investor Inquire the business information / 25 Mar. 2021 The Company Telephoning Individual Investor Inquire the business of the Company / 中财网
 |