[一季报]鲁 泰Ｂ:2021年第一季度报告全文（英文版）
原标题:鲁 泰Ｂ:2021年第一季度报告全文（英文版） LU THAI TEXTILE CO., LTD. FIRST QUARTERLY REPORT 2021 April 2021 Part I Important Notes The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors, supervisors and senior management of Lu Thai Textile Co., Ltd. (hereinafter referred to as the “Company”) hereby guarantee the factuality, accuracy and completeness of the contents of this Report and its summary, and shall be jointly and severally liable for any misrepresentations, misleading statements or material omissions therein. All the Company’s directors have attended the Board meeting for the review of this Report and its summary. Liu Zibin, the Company’s legal representative, Zhang Hongmei, the Company’s Chief Accountant, and Zhang Keming, the Company’s Financial Manager hereby guarantee that the Financial Statements carried in this Report are factual, accurate and complete. This Report and its summary have been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two versions, the Chinese versions shall prevail. Part II Key Corporate Information I Key Financial Information Indicate by tick mark whether there is any retrospectively restated datum in the table below. □ Yes √ No Q1 2021 Q1 2020 Change (%) Operating revenue (RMB) 993,485,161.79 1,252,428,965.20 -20.68% Net profit attributable to the listed company’s shareholders (RMB) 74,530,850.40 103,518,808.50 -28.00% Net profit attributable to the listed company’s shareholders before exceptional items (RMB) 15,513,465.07 103,615,262.08 -85.03% Net cash generated from/used in operating activities (RMB) -36,745,428.28 145,916,523.77 -125.18% Basic earnings per share (RMB/share) 0.09 0.12 -25.00% Diluted earnings per share (RMB/share) 0.09 0.12 -25.00% Weighted average return on equity (%) 0.96% 1.33% -0.37% 31 March 2021 31 December 2020 Change (%) Total assets (RMB) 12,197,752,223.47 12,129,903,960.65 0.56% Equity attributable to the listed company’s shareholders (RMB) 7,774,522,551.24 7,687,577,590.72 1.13% Exceptional gains and losses √ Applicable □ Not applicable Unit: RMB Item Q1 2021 Note Gain or loss on disposal of non-current assets (inclusive of impairment allowance write-offs) 59,394,526.45 Government subsidies charged to current profit or loss (exclusive of government subsidies given in the Company’s ordinary course of business at fixed quotas or amounts as per the government’s uniform standards) 12,470,516.19 Gain or loss on fair-value changes in held-for-trading financial assets and liabilities, as well as derivative financial assets and liabilities & income from disposal of held-for-trading financial assets and liabilities, derivative financial assets and liabilities, as well as investments in other debt obligations (exclusive of effective portion of hedges that arise in the Company’s ordinary course of business) -591,341.11 Non-operating income and expense other than the above -1,879,517.36 Less: Income tax effects 10,098,853.35 Non-controlling interests effects (net of tax) 277,945.49 Total 59,017,385.33 -- Explanation of why the Company reclassifies as recurrent an exceptional gain/loss item defined or listed in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Exceptional Gain/Loss Items: □ Applicable √ Not applicable No such cases for the Reporting Period. II Total Number of Shareholders and Holdings of Top 10 Shareholders at 31 March 2021 1. Numbers of Ordinary Shareholders and Preferred Shareholders with Resumed Voting Rights as well as Holdings of Top 10 Shareholders Unit: share Number of ordinary shareholders at the period-end 57,260 Number of preferred shareholders with resumed voting rights at the period-end (if any) 0 Top 10 shareholders Name of shareholder Nature of shareholder Shareholding percentage Total shares held Restricted shares held Shares in pledge or frozen Status Shares Zibo Lucheng Textile Investment Co., Ltd. Domestic non-state-owned legal person 16.36% 140,353,583 0 Tailun (Thailand) Textile Co., Ltd. Foreign legal person 13.78% 118,232,400 118,232,400 Central Huijin Assets Management Co., Ltd. State-owned legal person 2.37% 20,315,300 ICBC Credit Suisse Double Interest Bond Securities Investment Fund Domestic non-state-owned legal person 1.28% 10,999,958 National Social Security Fund Portfolio 413 Domestic non-state-owned legal person 1.10% 9,480,051 Dajia Life Insurance Co. Ltd.-Universal Products Other 0.86% 7,348,835 Zhong Ou China Securities Asset Management Plan Other 0.61% 5,235,900 Dacheng China Securities Asset Management Plan Other 0.61% 5,235,900 Harvest China Securities Asset Management Plan Other 0.61% 5,235,900 GF China Securities Asset Management Plan Other 0.61% 5,235,900 Top 10 unrestricted shareholders Name of shareholder Unrestricted shares held Shares by type Type Shares Zibo Lucheng Textile Investment Co., Ltd. 140,353,583 RMB-denominated ordinary stock Central Huijin Assets Management Co., Ltd. 20,315,300 RMB-denominated ordinary stock ICBC Credit Suisse Double Interest Bond Securities Investment Fund 10,999,958 RMB-denominated ordinary stock National Social Security Fund Portfolio 413 9,480,051 RMB-denominated ordinary stock Dajia Life Insurance Co. Ltd.-Universal Products 7,348,835 RMB-denominated ordinary stock Zhong Ou China Securities Asset Management Plan 5,235,900 RMB-denominated ordinary stock Dacheng China Securities Asset Management Plan 5,235,900 RMB-denominated ordinary stock Harvest China Securities Asset Management Plan 5,235,900 RMB-denominated ordinary stock GF China Securities Asset Management Plan 5,235,900 RMB-denominated ordinary stock China China Securities Asset Management Plan 5,235,900 RMB-denominated ordinary stock Related or acting-in-concert parties among the shareholders above Zibo Lucheng Textile Investment Co., Ltd. is the largest shareholder of the Company and the actual controller. Tailun (Thailand) Textile Co., Ltd. is the second largest shareholder as well as sponsor of foreign capital of the Company. All of other shareholders are people holding public A share and the Company is not able to confirm whether there is associated relationship or concerted action among other shareholders. Top 10 shareholders involved in securities margin trading (if any) Naught Indicate by tick mark whether any of the top 10 ordinary shareholders or the top 10 unrestricted ordinary shareholders of the Company conducted any promissory repo during the Reporting Period. □ Yes √ No No such cases in the Reporting Period. 2. Number of Preferred Shareholders and Shareholdings of Top 10 of Them □ Applicable √ Not applicable Part III Significant Events I Changes in Key Financial Statement Line Items and Explanation of why √ Applicable □ Not applicable Item 31 March 2021 31 December 2020 Change Reason for change Prepayments 76,377,931.28 19,611,775.28 289.45% Increase in prepayments for cotton Right-of-use assets 49,059,102.53 - 100.00% Recognition of right-of-use assets according to the new accounting standard governing leases adopted in the current period Other non-current assets 164,333,330.32 95,434,040.18 72.20% Increase in prepayments for land Other current liabilities 68,221,106.95 192,574,674.68 -64.57% Recognition in the current period of income from the relocation compensation received in the last period Item Q1 2021 Q1 2020 Change Reason for change Selling expense 22,876,675.00 43,045,212.94 -46.85% Reclassification of transportation expense and port expense from selling expense to costs of sales Finance costs 2,268,306.63 14,743,890.27 -84.62% Decrease in interest expense and increase in interest income Return on investment (“-” for loss) 7,111,896.31 104,051,767.00 -93.17% Transfer of held-for-trading financial assets in the same period of last year Gain on changes in fair value (“-” for loss) -10,376,010.56 -99,714,752.69 89.59% Reversal of recognized gains on changes in the fair value of held-for-trading financial assets in the same period of last year Credit impairment loss (“-” for loss) 14,759,025.50 1,490,082.33 890.48% Decrease in the balance of accounts receivable Asset impairment loss (“-” for loss) -6,272,617.88 -2,090,161.60 -200.10% Increase in inventory impairment loss Asset disposal income (“-” for loss) 59,394,526.45 -37,045.69 160427.76% Recognition of relocation compensation Non-operating expenses 2,288,330.70 1,540,546.20 48.54% Increase in donation expenditures Net cash generated from/used in operating activities -36,745,428.28 145,916,523.77 -125.18% Decrease in cash received from selling goods and rendering of services Net cash generated from/used in investing activities 16,210,324.93 -65,312,638.47 124.82% Increase in cash received from disinvestments Net cash generated from/used in financing activities 172,987,678.81 -17,426,491.61 1092.67% Increase in short- and long-term borrowings Net increase in cash and cash equivalents 159,279,909.02 61,713,008.55 158.10% Increase in net cash generated from financing activities II Progress, Influence and Solutions with regard to Significant Events √ Applicable □ Not applicable 1. On 9 April 2020, the Company issued 14 million A-share convertible corporate bonds (Luthai Convertible Bond for short; Code: 127016) on the Shenzhen Stock Exchange, which were traded at the price of RMB100 and the conversion price of RMB9.01 per share. The bonds were listed on SZSE on 13 May 2020. Due to the interest distribution for the year 2019 on 9 July 2020, the conversion price of Luthai Convertible Bond was adjusted from RMB9.01 per share to RMB8.91 per share. The conversion period of Luthai Convertible Bond started from 15 October 2020. From 1 January 2021 to the end of the first quarter in 2021, Luthai Convertible Bond saw a drop of RMB14,700.00 in value and a decrease of 147 in number, which were converted to 1,646 shares. By the end of the first quarter in 2021, the remaining value of the convertible bond reached RMB1,399,889,100.00 and the remaining number was 13,998,891. 2. On 12 April 2021, the Company held the 22nd Meeting of the 9th Board of Directors and the 13th Meeting of the 9th Supervisory Committee. The Restricted Stock Incentive Scheme (Draft) and Summary for 2021 and the Management Measures of Luthai Textile Co., Ltd. for the Enforcement and Assessment of the Restricted Stock Incentive Scheme for 2021 were reviewed and passed at those meetings and will be submitted to the 1st Extraordinary General Meeting of 2021 for deliberation. Overview of significant events Disclosure date Announcement index Conversion of convertible bonds into equity in Q1 2021 2 April 2021 Refer to Announcement of Lu Thai Textile Co., Ltd. on Conversion of Convertible Bonds into Equity in Q1 2021 disclosed on 2 April 2021 on www.cninfo.com.cn for details. Restricted Stock Incentive Scheme for 2021 put forward by the Company 13 April 2021 Refer to the Restricted Stock Incentive Scheme (Draft) and Summary for 2021 of Lu Thai Textile Co., Ltd. and relevant announcements disclosed on 13 April 2021 on www.cninfo.com.cn for details. Progress of any share repurchase: □ Applicable √ Not applicable Progress of any reduction of the repurchased shares through centralized bidding: □ Applicable √ Not applicable III Commitments that the Company’s Actual Controller, Shareholders, Related Parties, Acquirers, the Company Itself or Other Parties, Failed to Fulfill on Time during the Reporting Period √ Applicable □ Not applicable Commitment Promisor Type of commitment Details of commitment Date of commitment making Term of commitment Fulfillment Commitments made in share reform Commitments made in acquisition documents or shareholding alteration documents Commitments made in time of asset restructuring Commitments made in IPO or refinancing Controlling shareholder, actual controller Dilution of immediate return of public issuance of A-share convertible corporate bonds 1. It’s not allowed to interfere the operation and management activities of the Company excessively, and to encroach the interest of the Company. 2. From the issuance date of this commitment to the completion of the implementation of the Company's public offering of A-share convertible corporate bonds, if the CSRC makes other new regulatory provisions on remedial measures for returns and the commitment, and the above commitment fails to meet the requirements of the CSRC, the company/I promise to issue supplementary commitment then in accordance with the latest regulations of CSRC. 3. Commitment is made to fulfill the Company's relevant remedial measures for returns and any commitment made herein by the company/me. If the company/I violate(s) such commitment and cause(s) losses to the Company or investors, the company / I will bear the compensation responsibility to the Company or investors in accordance with the law. 23 May 2019 23 May 2019 to 8 April 2026 Ongoing The directors and senior manager of the Company Dilution of immediate return of public issuance of A-share convertible corporate bonds 1. Commitment is made not to transfer benefits to other units or individuals free of charge or under unfair conditions, and no other ways damaging the interests of the Company will be taken. 2. I will strictly abide by the budget management of the Company, and accept the strict supervision and management of the Company to avoid waste or excessive consumption. Any position-related consumption behaviors of myself will occur within the scope necessary for the performance of my duties. 3. Commitment is made not to use the Company's assets to engage in investment and consumption activities unrelated to the performance of duties. 4. Commitment is made that the remuneration system developed by the Board of Directors or the Remuneration Committee is linked to the implementation of the Company's remedial measures for returns. 5. Commitment is made that the conditions for exercising the Equity Incentive Plan to be issued in the future will be linked to the implementation of the Company's remedial measures for returns. 6. From the issuance date of this commitment to the completion of the implementation of the Company's public offering of A-share convertible corporate bonds, if the CSRC makes other new regulatory provisions on remedial measures for returns and the commitment, and the above commitment fails to meet the requirements of the CSRC, I promise to issue supplementary 23 May 2019 23 May 2019 to 8 April 2026 Ongoing commitment then in accordance with the latest regulations of CSRC. 7. Commitment is made to fulfill the Company's relevant remedial measures for returns and any commitment made herein by me. If I violate such commitment and causes losses to the Company or investors, I will bear the compensation responsibility to the Company or investors in accordance with the law. Commitments made in stock option incentive Other commitments made to minority shareholders Fulfill on time or not Yes IV Financial Investments 1. Securities Investments □ Applicable √ Not applicable No such cases in the Reporting Period. 2. Investments in Derivative Financial Instruments √ Applicable □ Not applicable Unit: RMB’0,000 Operator Relationship with the Company Related- party transaction Type of derivative Initial investment amount Starting date Ending date Beginning investment amount Purchased in the Reporting Period Sold in the Reporting Period Impairment provision (if any) Ending investment amount Proportion of ending investment amount in the Company’s ending net assets Actual gain/loss in the Reporting Period Comme Non-rel No Forward 166,697 26 31 129,805 36,891. 18,053. 148,644 12.18% 471.6 rcial bank ated exchange settlement .7 November 2020 December 2021 .79 91 28 .42 Commercial bank Non-related No Foreign exchange option 118,238.46 22 October 2020 27 January 2022 62,150 56,088.46 9,814.2 108,424.26 8.89% 3 Commercial bank Non-related No Forward exchange transactions 13,081.6 14 January 2021 1 April 2021 0 13,081.6 6,540.8 6,540.8 0.54% 14.91 Total 298,017.76 -- -- 191,955.79 106,061.97 34,408.28 263,609.48 21.61% 489.51 Funding source Self-funded Legal matters involved (if applicable) N/A Disclosure date of board of directors announcement on approval of derivative investment (if any) 30 April 2020 Disclosure date of general meeting of shareholders announcement on approval of derivative investment (if any) Analysis of risks and control measures associated with derivative investments held in Reporting Period (including but not limited to market risk, liquidity risk, credit risk, operational risk, legal risk, etc.) The Company conducted derivatives products transaction in order for hedging. And the forward settlement hedging was operated by installments, with the relevant amount not more than the planned derivatives products transactions. And all derivatives products transaction was zero-deposit. The Company had a complete risk control system for sufficient analysis and prevention of possible risks such as market risk, liquidity risk and credit risk, operation risk and risk of laws and regulation. 1. Market risk: when the international and domestic economic situations change, the corresponding changes in exchange rates and interest rates may have an adverse impact on the financial derivatives transactions of the Company. Precautionary measures to be taken include: the Company chooses risk-controlled financial derivative tools with simple structure and good liquidity to carry out the hedging business, strictly controls the scale of financial derivatives trading by staged operations, and adjusts the strategy according to market changes in a timely manner. 2. Liquidity risk and credit risk: a credit risk arising from failure of the contractually due Company or counterparty in performing the contract due to liquidity or factors other than liquidity. Precautionary measures to be taken include: the Company determines the upper limit of derivatives transaction amounts according to production and operation scale as well as foreign exchange income, and conducts operations by stage according to the budget of future collections and disbursement. The derivative trades are free of guarantee deposit and can still be guaranteed in performance after the contract expires by means of extension and balance settlement etc. to prevent the Company from credit damages due to lack of liquidity. The Company selects financial institutions with strong capability and good reputation as a counterparty and signs standard derivative trading contracts to strictly control credit risk of the counterparty. 3. Operation risk: The derivatives had high specialty and complexity, so imperfect internal operation procedures, staffs and external events would make the Company to undertake risks during the transaction. Risk control measures: The Company promulgated strict authorization and approval system and perfect regulatory mechanism, fixed the operation procedures and approval procedures system to conduct derivative products transaction, implemented strict authorization and post checks and balances system, meanwhile, it improved the overall quality of relevant personnel through strengthening the professional ethics education and business training for them. Besides, it established the System of Reporting the Abnormal Situation Timely so as to ensure to lower the operation risks to the maximum. 4. Risk of laws and regulation: The Company conducted derivatives products transaction in strict accordance with relevant laws and rules, otherwise it was easy to cause compliant and regulatory risks existing in the validity and feasibility of contract, commitments and other legal documents signed. Risk control measures: The Company carefully studied and mastered laws, regulations and policies relevant to derivative products transaction business, tracked closely the relevant changes; the Company carried out financial derivative instruments transactions with financial institutions with the legal qualifications, tremendous strength and good reputation; and strengthened the compliant examination on derivative products transaction business to avoid possible law risks. The Company conducted derivative transaction business according to the relevant approval procedure, which was in line with relevant laws, regulations, the Company’s Articles of Association, the Management Rules for Securities Investment and Derivative Transaction of Lu Thai Textile Co., Ltd., and the Proposal on the Plan of Lu Thai Textile Co., Ltd. for Derivative Transactions approved at the 13th Meeting of the 9th Board of Directors on 28 April 2020, and performed relevant information disclosure responsibilities. Changes in market prices or fair value of derivative investments in Reporting Period (fair value analysis should include measurement method and related assumptions and parameters) 1. By 31 March 2021, the Company held 66 financial derivatives contracts that were not expired, valued at USD409.5 million. Among them, there were 37 forward settlements worth USD223 million, 28 foreign exchange option portfolios worth USD176.50 million and 1 forward foreign exchange trading worth USD10 million. 2. In the first quarter of 2021, a total of USD70 million financial derivatives matured, and USD52 million were delivered with earnings of RMB4,895,100. USD18 million were extended. Among them, forward settlements worth USD45 million matured, and USD27 million were delivered with earnings of RMB4,716,000. USD18 million were extended; all of the USD15 million matured foreign exchange option portfolios were delivered with earnings of RMB30,000; all of the forward foreign exchange trading worth USD10 million matured and were delivered, with earnings of RMB149,100. Major changes in accounting policies and specific accounting principles adopted for derivative investments in No significant changes Reporting Period compared to last reporting period Opinion of independent directors on derivative investments and risk control The Company’s independent directors Zhou Zhiji, Pan Ailing, Wang Xinyu and Qu Dongmei, concerning conducting derivatives business, have issued the following professional advice: During the Reporting Period, the Company conducted derivatives trading based on relevant laws and regulations, the Articles of Association, the Management Rules for Securities Investment and Derivative Transaction of Lu Thai Textile Co., Ltd. The trading conformed to the Plan for Derivative Transactions approved by the Board of Directors, and the operations were legitimate and compliant. While the normal trading and operations are guaranteed, the Company's derivatives trading funded with own funds helps to avoid risks of renminbi exchange rate, improve the ability to hedge against exchange rate volatility and will not damage the interests of the Company and all shareholders. V Progress of Projects Financed with Raised Funds □ Applicable √ Not applicable VI Operating Performance Forecast for January-June 2021 Warning of a forecast loss on or a forecast significant year-on-year change in the accumulative net profit from the beginning of the year to the end of the next reporting period, as well as explanation of why: □ Applicable √ Not applicable VII Significant Contracts Arising from the Company’s Ordinary Course of Business □ Applicable √ Not applicable VIII Cash Entrusted for Wealth Management √ Applicable □ Not applicable Unit: RMB’0,000 Type Funding source Amount Undue amount Unrecovered overdue amount Bank’s wealth management product Idle raised funds 60,254 27,500 0 Bank’s wealth management product Idle self-funded 52,143 17,697 0 Total 112,397 45,197 0 High-risk wealth management transactions with a significant single amount, or with low security, low liquidity or no principal protection: √ Applicable □ Not applicable RMB’0,000 Name of the trustee Type of the trustee Type of the product Amount Resource of funds Initial date Ended Date Use of fund Method of payment determination Annual yield for reference Estimate profit (if any) Amount of actual profits or losses in Reporting Period Actual recovery of profits or losses in Reporting Period Amount withdrawn impairment provision (if any) Whether go through stator procedures Whether there is wealth management entrustment plan in future or not Overview of the item and the related index for inquiring (if any) Agricultural Bank of China Bank Principal-protected 10,000 Raised funds 1 July 2020 8 January 2021 Bank financial products One-off repayment of principal and interests at maturity 3.50% 182.19 182.19 Recovery on schedule 0 Yes Not yet Refer to the related announcement (No.: 2020-051) disclosed on Cninfo on 23 May 2020 Qishang Bank Bank Principal-protected 2,754 Raised funds 10 December 2020 11 March 2021 Bank financial products One-off repayment of principal and interests at maturity 3.50% 24.03 24.03 Recovery on schedule 0 Yes Not yet Refer to the related announcement (No.: 2020-051) disclosed on Cninfo on 23 May 2020 Qishang Bank Bank Principal-protected 5,000 Raised funds 10 December 2020 11 March 2021 Bank financial products One-off repayment of principal and 3.50% 43.63 43.63 Recovery on schedule 0 Yes Not yet Refer to the related announcement (No.: 2020-051) disclosed on interests at maturity Cninfo on 23 May 2020 Agricultural Bank of China Bank Principal-protected 10,000 Raised funds 31 December 2020 25 March 2021 Bank financial products One-off repayment of principal and interests at maturity 3.15% 72.49 72.49 Recovery on schedule 0 Yes Not yet Refer to the related announcement (No.: 2020-051) disclosed on Cninfo on 23 May 2020 Agricultural Bank of China Bank Principal-protected 10,000 Raised funds 22 January 2021 16 April 2021 Bank financial products One-off repayment of principal and interests at maturity 3.30% 75.95 0 - 0 Yes Not yet Refer to the related announcement (No.: 2020-051) disclosed on Cninfo on 23 May 2020 Agricultural Bank of China Bank Principal-protected 10,000 Raised funds 30 March 2021 25 June 2021 Bank financial products One-off repayment of principal and interests at maturity 3.70% 88.19 0 - 0 Yes Not yet Refer to the related announcement (No.: 2020-051) disclosed on Cninfo on 23 May 2020 Agricultural Bank of China Bank Principal-protecte 5,000 Raised funds 30 March 2021 25 June 2021 Bank financial products One-off repayment of principal 3.70% 44.1 0 - 0 Yes Not yet Refer to the related announcement (No.: 2020-051) d and interests at maturity disclosed on Cninfo on 23 May 2020 Qishang Bank Bank Principal-protected 2,500 Raised funds 19 March 2021 22 June 2021 Bank financial products One-off repayment of principal and interests at maturity 3.70% 24.08 0 - 0 Yes Not yet Refer to the related announcement (No.: 2020-051) disclosed on Cninfo on 23 May 2020 Qishang Bank Bank Principal-protected 5,000 Raised funds 16 October 2020 14 January 2021 Bank financial products One-off repayment of principal and interests at maturity 3.50% 43.15 43.15 Recovery on schedule 0 Yes Not yet Refer to the related announcement (No.: 2020-051) disclosed on Cninfo on 23 May 2020 Qishang Bank Bank Principal-protected 3,000 Self-owned funds 16 October 2020 14 January 2021 Bank financial products One-off repayment of principal and interests at maturity 3.50% 25.89 25.89 Recovery on schedule 0 Yes Not yet Refer to the related announcement (No.: 2020-059) disclosed on Cninfo on 14 August 2020 Qishang Bank Bank Principal-protecte 5,000 Self-owned funds 4 November 2020 2 February 2021 Bank financial products One-off repayment of principal 3.50% 43.15 43.15 Recovery on schedule 0 Yes Not yet Refer to the related announcement (No.: 2020-059) d and interests at maturity disclosed on Cninfo on 14 August 2020 Qishang Bank Bank Principal-protected 5,000 Self-owned funds 11 November 2020 9 February 2021 Bank financial products One-off repayment of principal and interests at maturity 3.50% 43.15 43.15 Recovery on schedule 0 Yes Not yet Refer to the related announcement (No.: 2020-059) disclosed on Cninfo on 14 August 2020 Qishang Bank Bank Principal-protected 6,246 Self-owned funds 10 December 2020 11 March 2021 Bank financial products One-off repayment of principal and interests at maturity 3.50% 54.5 54.5 Recovery on schedule 0 Yes Not yet Refer to the related announcement (No.: 2020-059) disclosed on Cninfo on 14 August 2020 Qishang Bank Bank Principal-protected 3,000 Self-owned funds 10 December 2020 20 January 2021 Bank financial products One-off repayment of principal and interests at maturity 3.40% 11.18 11.18 Recovery on schedule 0 Yes Not yet Refer to the related announcement (No.: 2020-059) disclosed on Cninfo on 14 August 2020 China Everbright Bank Bank Principal-protecte 5,000 Self-owned funds 18 December 2020 18 January 2021 Bank financial products One-off repayment of principal 2.70% 11.25 11.25 Recovery on schedule 0 Yes Not yet Refer to the related announcement (No.: 2020-059) d and interests at maturity disclosed on Cninfo on 14 August 2020 Qishang Bank Bank Principal-protected 3,697 Self-owned funds 9 February 2021 18 May 2021 Bank financial products One-off repayment of principal and interests at maturity 3.50% 34.74 0 - 0 Yes Not yet Refer to the related announcement (No.: 2020-059) disclosed on Cninfo on 14 August 2020 Qishang Bank Bank Principal-protected 7,000 Self-owned funds 24 February 2021 29 June 2021 Bank financial products One-off repayment of principal and interests at maturity 3.60% 86.3 0 - 0 Yes Not yet Refer to the related announcement (No.: 2020-059) disclosed on Cninfo on 14 August 2020 Qishang Bank Bank Principal-protected 5,000 Self-owned funds 19 March 2021 （未完）  |