东旭B:2017年半年度报告摘要(英文版)
2017-08-10 22:17:06
发布机构:东旭光电
我要纠错
DongxuOptoelectronicTechnologyCo.,Ltd.
The
Summaryof
2017Semi-annualReport
August2017
I.ImportantNotices
Thesummaryisabstractfromfull-textofannualreport,formoredetailsinformation,investorsshouldfoundin
thefull-textofannualreportthatpublishedonwebsiteofShenzhenStockExchangeandotherwebsiteappointed
byCSRC.
Non-standardauditopiniontips
□Applicable√Notapplicable
Theboarddiscussedreportingperiodordinarysharesprofitdistributionplanorprovidentfundtosharecapital
plan
□Applicable√Notapplicable
Theboardapprovedthisreportingperiodpreferredsharesprofitdistributionplan
□Applicable√Notapplicable
Ⅱ
CompanyInformation
1.CompanyProfile
DongxuOptoelectronic, 000413、200413
Stockabbreviation Stockcode
DongxuB
Stockexchangeforlisting ShenzhenStockExchange
Contactpersonandcontactmanner Boardsecretary SecuritiesaffairsRepresentative
Name GongXin WangQingfei
Add Lin5Yard,No.23AFuxingRoad,HaidianLin5Yard,No.23AFuxingRoad,Haidian
District,Beijing,China. District,Beijing,China.
Tel 010-68297016 010-68297016
Fax 010-68297016 010-68297016
E-mail gongxin_dx@126.com wangqingfei@dong-xu.com
2.MainfinancialdataandfinancialIndex
Retroactiveadjustmentorrestatepreviousyearsaccountingdata
□
Necessary√Notnecessary
Reportingperiod Sameperiodoflastyear YoY+/-
Operatingincome(RMB) 4,641,285,527.91 2,882,059,154.41 61.04%
Netprofitattributabletotheshareholders 635,855,750.37 545,963,710.72 16.46%
ofthelistedcompany(RMB)
Netprofitafterdeductingofnon-recurring
gain/lossattributabletotheshareholdersof 559,990,548.41 459,894,653.13 21.76%
listedcompany(RMB)
Cashflowgeneratedbybusinessoperation,
net(RMB) -1,414,361,686.97 1,281,108,942.94 -210.40%
Basicearningpershare(RMB/Share) 0.13 0.14 -7.14%
Dilutedgainsper
0.13 0.14 -7.14%
share(RMB/Share)(RMB/Share)WeightedaverageROE(%) 2.84% 3.79% -0.95% Asattheendofthe Asattheendoflastyear YoY+/- reportingperiodGrossassets(RMB) 47,746,487,539.58 46,826,319,570.41 1.97%NetassetsattributabletoshareholdersofthelistedCompany(RMB) 22,506,905,931.67 22,216,300,365.86 1.31%3.Statementofsharesheldbytop10shareholdersTotalNumberofcommon 391,573(Including373,915shareholdersholdingAsharesandshareholdersattheendofthe 17,658shareholdersholdingBshares)
reportingperiod
Shareholdingsofthetop10commonshareholders
Amountof Frozenorpledged
Nameofthe Propertiesof Share Conditionalsharesheldatendof
common Statusof
shareholder shareholder proportion% period Amount
sharesheld shares
DomesticNon
DongxuGroup -State-owned 11.32% 558,968,800 439,882,697Pledge 558,962,697
legalperson
Shijiazhuang
DomesticNon
Baoshi
-State-owned 6.73% 332,382,171 0Pledge 153,520,000
Electronic
legalperson
GroupCo.,Ltd.
Zhongxin
construction
fund-Huaxia
bank-Xizang Other 4.51% 222,575,516 222,575,516
Trust�CShunjing
5#-Single
capitaltrust
ShenwanlingxinOther 2.25% 111,287,758 111,287,758
capital-Merchan
ts
bank-huarunshe
nguotou
trust-ruihua
fixedhedge
fund2#pooled
fundstrustplan
Penghua
fund-ningbo
bank-daye
trust-dayetrust
dongxu 0ther 2.25% 111,287,758 111,287,758
optoelectronic
fixedhedge
2#singlecapital
trust
Zhong’ou
shengshiasset
�Cningbo
bank-minsheng
trust-zhongguo
minshengtrust
Other 2.25% 111,287,758 111,287,758
zhixin
28#dongxu
optoelectronic
fixedhedge
pooledcapital
trustplan
Shenzhen
antaier DomesticNon
information -State-owned 2.24% 110,492,845 110,492,845 Pledge 110,492,845
techonology legalperson
co.,ltd.
Qianhaishare
DomesticNon
investment
-State-owned 2.24% 110,492,845 110,492,845 Pledge 48,492,845
fund(limited
legalperson
partnership)
Nuoan
fund-xingye
security-nanjingOther 2.24% 110,492,845 110,492,845
chuang’anasset
management
co.,ltd.
Minshengjiayin
fund-ping’an
bank-ping’an
trust-ping’an Other 2.09% 103,146,380 0
financehuitai
163#single
capitaltrust
Amongthetoptenshareholders,DongxuGroupandBaoshiGroup,DongxuOptoelectronic�CI
Explanationonassociated Employeestockownershipplanhaverelationshipandconstitutepersonstakingconcertedaction.
relationshiporconcertedaction Thecompanydoesnotknowwhetherthereisrelationshipbetweenother7shareholdersor
oftheaboveshareholders whethertheyarepersonstakingconcertedactiondefinedinAdministrativeMeasuresRelatingto
AcquisitionsofListedCompanies.
Thetop10tradablecommonshareholdersXiexiantuan,ShenjufengbyHuataiSecuritiesCo.,
Explanationonshareholders
Ltd.customercredit-backedsecuritiestradingaccountandShanghaiSecuritiesCo.,Ltd.
participatinginthemargin
customercredit-backedsecuritiestradingaccountwereholding17,044,700shares,
tradingbusiness(ifany)
9,469,500shares,accountingfor0.35%and0.19%ofthetotalsharesrespectively.
4.ChangingofcontrollingshareholderandpracticalcontrolleroftheCompany.
Changeofholdingshareholder
□Applicable√Notapplicable
Nochangeofholdingshareholderinthereportperiod.
Changeofsubstantialcontroller
□Applicable√Notapplicable
Nochangeofsubstantialcontrollerinthereportperiod.
5.Statementofprefferedsharesheldbytop10shareholders
□Applicable√Notapplicable
Reportperiodhasnoprefferedsharesstatement
6.AboutBond
HavingornothavingpublicdistributedandthebondwhichlistedintheStockExchange,andsemi-annual
reportapprovedpublishdateisnotarrivedorcannotcashattheending
√Yes □No
(1).BondInformation
Name Abbreviation Code End-line Endingbalance rate
Dongxu 15Dongxubond 112243 May19,2020 100,000 6.00%
Optoelectronic
Co.,Ltd.2015
companybond
(2).Financeindexbytheendingofreport
Item Reportending Lastyear ReportendingYOY+/-
Assetdebtratio 50.52% 50.73% -0.21%
Item Reportperiod Thesameperiodlastear ReportendingYOY+/-
EBITDA interest coverage 2.8326 2.9984 -5.53%
ratio
3.Operationsituationdiscussionandanalysis
1.Operationsituationprofileinreportperiod
Whetherinsisttherequestofspecialindustry
□Yes √No
Theyearof2017istheyearofstrategictransformationforDongxuOptoelectronic.Whenthepreviousglass
substrateanddisplaymaterialsinvestmententerintotheharvestperiod,thecompanycommittedtoputgreateffort
intotheindustrysynergyofbigmanufacturingindustry,andbasedonthebreakthroughsinthefieldofgraphene
andgrapheme-basedlithium-ionbatteries,thecompanylaunchedtheacquisitionmatterofSunlongBus,striving
toshapeaclosed-loopindustrialchainof"high-endmaterials�Cgrapheme-basedlithiumbattery-newenergy
vehicles".Inthefirsthalfof2017,everybusinessofthecompanyhasbeensteadilymovedforwardandhasa
goodoperationstatus,thusfurtherconsolidatedthecompany'sindustrialpositionandgainedcertainextentof
goodeconomicresults.
Duringthereportingperiod,theCompanyachievesanoperatingincomeofRMB4641.2855million,anincrease
of61.04%overthesameperiodin2016;thenetprofitattributabletotheparentCompanyofRMB635.8558
million,anincreaseof16.46%overthesameperiodin2016.
Thecompany'seachbusinessdevelopmentstatusinthefirsthalfof2017andtheindustryplanningofthe
secondhalfof2017:
1.Conformingtothetrendandspeedinguptheconstructionofhigh-generationglasssubstrateproductionline
Inrecentyears,thelarge-sizeandhigh-generationpanelandglasssubstratehavebecometheindustrytrend.
AccordingtotheresearchreportbyresearchcompanyWitsvie,theaveragesizeoftelevisionpanelworldwide
reached44.7inchesinthefirsthalfof2007,anincreaseof1.7inchesfromthepreviousyear.TheFuzhou8.5
generationTFT-LCDliquidcrystalglasssubstrateproject,asthecompany'sprojectinvestedbytheraisedmoney
ofRMB6.95billionbyprivateplacement,isanimportantprojectinthecompany'slayoutforcopingwiththe
industrialchanges. Duringthereportingperiod, thefirstlineofthecompany's Fuzhou8.5generation glass
substrateproductionlinehasbeenputintooperationandthesecondlinehasbeenunderthesteadyconstruction.
Thesuccessfullaunchofthecompany's8.5generation productintothemarkethadanimportantimpactto
consolidatethecompany'sindustrialpositionandbalancetherisingofthenew-generationAMOLEDdisplay
technology.Inthefuture,thecompanywill,accordingtothedownstreammarketdemand,constantlyoptimizethe
LTPStechnologyandothernewglasssubstrateproductiontechnology,thustobetterfitthenewdevelopment
trendofthemarket.
2.Advanceshouldertoshoulder,manyachievementsofoptoelectronicdisplaymaterials
Thecompanyhasbeenengagedintheoptoelectronicdisplayindustryformorethanadecade,startingwith
theglasssubstrateindustry,closelyfollowing-uptheworldtrendofdisplaytechnologyandtheinnovationtrend,
thusgraspedthehistoricalopportunityofhome-manufacturingmaterialsreplacingthecoredisplaymaterials,
continuouslyrolledoutnewproductsandhorizontallyexpanded,andconstructedthecorecompetivenessbased
ontheopportunityofthehigh-techoptoelectronicdisplaymaterials.Onthebasisofthecompany'sconstant
consolidationandenhancementofthemainbusinessofLCDglasssubstrate,combinedwiththemainbusiness,
thecompanycontinuouslyexpandedthenewbusinessarea,andcurrentlythecompanyhassuccessfullybeen
engaged in thethree high-end display materials namely sapphire, colorfilter and polarizer,thusrealized
achievementsinmanyaspects.
Duringthereportingperiod,thecompanyhasmadeanewprogressinthelateralextensionofcoredisplay
material.Thecompany'scolorfilmprojecthasbeenspeedinguptheprogress,andit'sexpectedtherewillbenew
productlinecompletedinthesecondhalfoftheyear.FuzhouXuyoupolarizerprojecthasbeenputintooperation
inarelativelyfastspeed,markingthatthecompanyofficiallyenteredthefieldofpolarizermanufacturing.The
polarizerindustrywillbeoneofthecorepillarindustriesofthecompany'soptoelectronicdisplaybusinessafter
theproduction ofglasssubstrate,andthatwillshapeanindustrialsynergyeffectofthecompany'sexisting
optoelectronicbusinessthathastheindustryofglasssubstrate,colorfiltersandsapphire,thusfurtherenhancing
thecompany'scomprehensivestrength.
3.Preliminaryachievement,theoptimizedlayoutofgraphenebusinessaccelerated
Duringthereportingperiod,themonolayergraphemeandthegrapheme-basedlithiumionbatteryfabricated
byShanghaiTanyuanGraphenehasgainedthemarketattentionand recognition,andthesubsequentsingle
productandthetechnologicalupgradinghavebeenactivelypromoted.Thecompany'sTaizhougrapheme-based
lithiumionbatteryproject,whichhassuccessfullycompletedthelandbiddingandauction,projectfiling,EIA
publicityandotherprocedures,iscurrentlyunderthecommunicationwiththedesignandconstructionunitabout
the design and construction plan under the company's fullefforts, and it's carrying out the multi-round
demonstrationandstrivingtorealizethecommencementofprojectconstructionassoonaspossible.
Meanwhile,thecompanytogetherwithTaizhougrapheneindustryfund,throughthemeansofacquisitionand
capitalincrease,obtainedthe51%stakeofMingShuoTechnologyCompany,whichhasthereversibleliquid
crystalphase-changegraphenecompositeheatdissipationmaterialasthecoretechnologyanditisspecializingin
providinghigh-powerLEDlightingequipmentandintegratedlightingsolutions,withitsrelatedgraphenelighting
productshavebeenactuallyappliedinBeijingandotherplacesandthathasgainedsomeextentofeconomic
benefits.Inaddition, thecompany'sindustrial applicationofheat-dissipationgraphene filmtechnology has
achievedstageachievement,andthecompanyhassigneda"strategiccooperationagreement"withShanxiEnergy
InvestmentandShanxiJianBangGroupinconnectiontotheprojectcooperationoftheGrapheneelectricheating
replacingloosecoalcombustionheatingprojectofShanxiProvincialruralarea.
4.Regulardevelopmentbutwithnoveltythoughtsandinnovation,acquiredSUNLONGBustoenterthenew
energyautomotiveindustry
Withthecompany'ssmoothprogressandputting-intooperationofeachprojectofoptoelectronicdisplay
materials,thecompany’smainbusinesswilltendtobecomematureandsteady.Inordertogivefullplaytothe
industrialsynergiesofbigmanufacturingindustriesandfindnewprofitgrowthpoints,thecompanyhasdecided
toenterthefieldofnewenergypassengercarsandlogisticsvehicles.Duringthereportingperiod,theCompany
launchedtherestructuringprojectthatplannedtoacquire100%equityofSunlongBusthroughthewaytobuy
assets by issuing shares and paying cash. The company has been engaged in the high-end equipment
manufacturingindustryfornearly20years,possessingastrongabilityintechnology,management,fundsand
talents.SulongBushasthematuretechnology,rich-experienceindustrialmanagementteamandexcellentproduct
designability.Meanwhile,uponmorethantenyearsaccumulatedexperienceinnewenergypassengercar,Sulong
Bus possessed thegood marketchannels andthe excellentoverseas marketdevelopment capabilities. The
companyacquiredSulongBustoformallyenterthefield ofnewenergy passengercar,soastoenrichthe
company’sexistedindustrialstructure.Byutilizingtheadvantageofeachother,thecompanycansnatchthegood
industrialopportunityinthefieldofnewenergypassengerbusandlogisticsvehicles,thustobetterprovidemore
opportunitiesforthecompany’srapidgrowthinthenextfewyears.
Furthermore,duringthereportingperiod,theCompanyinvestedRMB100milliontosubscribethenew
sharesofYiHuatong issuedbydirectionaladded share-issuance.YiHuatongisahigh-techcompany that
specializedinhydrogenfuelcellengineresearchanddevelopmentandtheindustrialization.Foronehand,the
company'ssubscriptionisbasedontheoptimisticfuturedevelopmentandtheprofitabilityofYiHuatong,andfor
theotherhand,thecompanycanutilizethistobuildstrategicpartnershipwithYiHuatong,thusspeedingup
bringingtheadvancedhydrogenfuelcellenginetechnologyofYiHuatongintothecompany'slayoutofnew
energyautomotiveprojects,furtheracceleratingthemarket-launchspeedofthecompany'shydrogenfuelcell
vehicle,soastoconsolidatethecompany'sindustrialpositioninthenewenergyautomotivemarketandtobring
thenewprofitgrowthpointforthecompany.
5.Fulfillingthecommitment,injectingthecover-glassbusinesstoenrichthecompany'sprofitgrowthpoint
Coverglassbelongstothewindowsprotectivescreenindustryofpaneldisplay,andtheindustryishigh
technologicalandhaslargemarketscale,largeindustrialradiationandtheobviousstimulationeffect.Xuhong
Optoelectronicmainlyengagedinhighaluminumcoverglassproductionandsales,andthehighaluminumcover
glasspossessesthecharacteristicsofhightransmittance,highimpactresistance,highscratchresistance,high
bendingtoughness,ultrathinandothertechnicalcharacteristics.Inordertosolvethehorizontalcompetition,in
2011,Tunghsu Groupentrusted the companyto carryout themanagementofXuhong Optoelectronicand
promisedtoinjectitsequityintothecompany.Currently,XuhongOptoelectronichasalarge-scaleultra-thintouch
screenglassproductionline,withtheannualproductionscaleof7millionpieces,andthecompanyhadwonthe
firstprizeawardofscienceandtechnologyprogressofSichuanprovinceandtheNationalInventionExhibition
GoldAward.XuhongOptoelectronicisoneofthedomesticcompaniesthattaketheleadintheresearchandmass
productionofhighaluminumcoverglass,andthePandaGlass,whichwasrolledout in2014byXuhong,
successfullybrokethesituationoftheforeignenterprises'long-termabsolutemonopolyinthedomesticmarket.
Currently,itsbusinesscoveredtheareaandregionsofEastChina,NorthChina,SouthwestChinaandSouthern
China.
Withtheapproachingofmobilephonewirelesschargingand5Gandothernewtransmissionmode,thewide
useofflexibleOLEDbringsavastmarketspacefor3Dcurveglass.Duringthereportingperiod,thecompanyhas
officiallylaunchedtheacquisitionofXuhongOptoelectronicequityandwill usetheraisedmatchfundsto
construct"CurveSurfacedisplayCover-glassproductionproject".Afterthecompletionoftheacquisition,the
companywillhavethenewincomefromcoverglass,andtheflatdisplayglassbusinesslayoutwillbemore
perfect,whichwillbeconducivetoconsolidatethecompany'sdomesticleadingpositioninthepanelglassdisplay.
2.relatedtofianancereportitem
(1)The explain about accounting policies, accounting evaluation and accounting checking methods
comparedthelastaccountingyear
□Applicable√Notapplicable
Thereportperiodhasnochangeaboutaccountingpolicies,accountingevaluationandaccountingchecking
methods.
(2).Theexplainabouthavingmainaccountingmistakeandneedretrospectiverestatementinreportperiod
□Applicable√Notapplicable
(3).Theexplainaboutthechangeofcombinedstatementsrangecomparedthelastaccountingyear
□Applicable√Notapplicable
1.Notthesamecontrolledcompanymerge
(1)Notthesamecontrolledcompanymergeinthisyear
InRMB’0000
Ratio ofMethod IncomeofAcquireNet Profit of
Time-point ObtainedObtainedof Determination from theAcquirefromthe
Name of ObtainedCost ofEquity ObtainePurchasingDate Basis on thePurchasing DatePurchasingDate
Equity Equity (100%) d PurchasingDate totheEndofthetotheEndofthe
Equity Period Period
Mingshuo May31,20175,714.29 36.36 Purchas May31,2017 Obtain 9.40 -37.59
(Beijing)Electroic e a business
Technology Co., license
Ltd.
Chuanglianhuatai Jan1,2017 100.00Purchas Jan1,2017 Obtain a
(Hongkong) e businesslicense 38,664.40 604.68
Co.,Ltd.
Tianlonghuatai Jan1,2017 100.00Purchas Jan1,2017 Obtain a
Industry e businesslicense
(Hongkong)
Co.,ltd.
Dongxu(Xuhua)Int Jan1,2017 10.02 55.00 Purchas Jan1,2017 Obtain a -32.00
ernational e businesslicense
Equipment
Co.,Ltd.
(2)ConsolidationCostandGoodwill
Items Mingshuo(Beijing) Chuanglianhuatai Tianlonghuatai Dongxu(Xuhua)Internationa
Electroic (Hongkong) Industry (Hongkong) lEquipmentCo.,Ltd.
Technology Co., Co.,Ltd. Co.,ltd.
Ltd.
Consolidationcost
―Cash 57,142,857.00 100,208.63 57,142,857.00
TotalConsolidationcost 57,142,857.00 100,208.63 57,142,857.00
Less:Reduction:Obtained 23,823,179.29 -722,450.89 100,208.63 23,823,179.29
DefinableNetAssets Fair
Proportion
Goodwill/ The 33,319,677.71 722,450.89 33,319,677.71
ConsolidationCostisLess
Than the Obtained
DefinableNetAssets Fair
Proportion
(3).Identifiableassetanddebtbroughtbythepurchaseratpurchaseday
Mingshuo(Beijing)ElectronicTechnologyCo.,Ltd ChuanglianHuatai(Hongkong)Co.,Ltd.
Bookvalueonpurchase Fairvalueonpurchase Bookvalueonpurchase
Fairvalueonpurchasedate
date date date
Assets:
Monetaryfund 54,255,862.44 54,255,862.44 108,530.20 108,530.20
Accountreceivable 3,237,093.72 3,237,093.72 33,330,248.60 33,330,248.60
Prepayments 337,280.70 337,280.70
Otherreceivable 6,017,888.47 6,017,888.47
Inventories 3,410,416.00 3,410,416.00
Othercurrentassets 3,855,435.58 3,855,435.58
Fixedassets 1,760,577.41 1,760,577.41
Long-termdeferred 11,000.00 11,000.00
expenses
Intangibleassets 16,381.78 16,381.78
OtherNon-current 2,200.00 2,200.00
assets
Liability
Short-termloans 33,328,948.60 33,328,948.60
Billpayable 2,337,681.38 2,337,681.38 690,688.59 690,688.59
Advancereceipts 202,015.40 202,015.40
Employees’wage 332,415.27 332,415.27
payable
Taxpayable 59,542.45 59,542.45
Otheraccountpayable 2,647,520.16 2,647,520.16 141,592.50 141,592.50
Deferredincometax 1,811,333.04 1,811,333.04
liability
Netassets 65,513,628.40 65,513,628.40 -722,450.89 -722,450.89
Less:Minorityinterest 41,690,449.11 41,690,449.11
Acquirenetassets 23,823,179.29 23,823,179.29 -722,450.89 -722,450.89
Dongxu(Xuhua)InternationalEquipmentCo.,Ltd.
Bookvalueonpurchasedate
Fairvalueonpurchasedate
Assets:
Monetaryfund 182,640.92 182,640.92
Otherreceivable 4,294.43 4,294.43
Liability
Billpayable 4.737.84 4.737.84
Netassets 182,197.51 182,197.51
Less:Minorityinterest 81,988.88 81,988.88
Acquirenetassets 100,208.63 100,208.63
2.Duetonewsubsidiariessetupinthecurrentperiod
OnApril 26, 2017,WuhuDongxu Optoelectronic Equipment TechnologyCo.,Ltd and Shangsha Shunyan
managementcompany(limitedpartnership)andLiuXuehuasetupHuanDongxuWeishengSmartTechnology
Co.,Ltd.,thetotalamountofcapitalcontributionagreedintheagreementwasRMB5,000.00millionand,the
paid-incapitalofWuhuDongxuOptoelectronicEquipmentTechnologyCo.,LtdwasRMB 2,550.00million
and,thepaid-incapitalofShangshaShunyanmanagementcompany(limitedpartnership)was RMB1,700.00
millionand,thepaid-incapitalofLiuXuehuawas750.00millionandthepaid-incapitalwasRMB5,000.00
million.
OnApril26,2017,WuhuDongxuOptoelectronicEquipmentTechnologyCo.,LtdandLiuHaijun,LiaoXiaoye
togethersetupHunanDongxuDelaiElectronicTechnologyCo.,Ltd,withthetotalamountofcapitalcontribution
agreedintheagreementwasRMB5,000.00million,andthepaid-incapitalofWuhuDongxuOptoelectronic
EquipmentTechnologyCo.,LtdwasRMB2,550.00million,thepaid-incapitalofLiuHaijun,wasRMB1,700.00
million,thepaid-incapitalofLiuXuehuawas750.00millionandthepaid-incapitalwasRMB3,688.83815
million.
OnApril18, 2017,WuhuDongxuOptoelectronic EquipmentTechnologyCo.,Ltd andChangsha Wenchao
Manaegmentcompany((limitedpartnership)andNingYongchaotogethersetupWuhuDongxuWeiyuMedical
ApparatusTechnologyCo.,Ltd.,withthetotalamountofcapitalcontributionagreedintheagreementwasRMB
10,000.00million,andthepaid-incapitalofWuhuDongxuOptoelectronicEquipmentTechnologyCo.,Ltdwas
RMB5,100.00million,thepaid-incapitalofChangshaWenchaoManaegmentcompany((limitedpartnership),
wasRMB3,400.00million,thepaid-incapitalofNingYongchaowas1,500.00millionandthepaid-incapital
wasRMB10,000.00million.
OnApril26,2017,WuhuDongxuWeiyuMedicalApparatusTechnologyCo.,LtdsetupsidiariesHunanDongxu
WeiyuMedical ApparatusTechnology Co.,Ltd,,withthe totalamountof capitalcontribution agreedin the
agreementwasRMB2,000.00million,andthepaid-incapitalwasRMB2,000.00million.
On May 8, 2017, Shenzhen Xuhui Investment Co.,Ltd and Taizhou Dongxu Graphene investment fund
managementcentretogethermergedMingshuo(Beijing)ElectroicTechnologyCo.,Ltd.anditssubcompanypart
sharesofHuzhouMingshuoOptoelectroicTechnologyCo.,Ltd.thetotalamountofcapitalcontributionagreedin
theagreementofMingshuo(Beijing)ElectroicTechnologyCo.,Ltd.was7,857.1429million,andthepaid-in
capital was RMB 4425.5429 million. the paid-in capital of Shenzhen Xuhui Investment Co.,Ltd was
RMB2,857.1429million.thepaid-incapitalofTaizhouDongxuGrapheneinvestmentfundmanagementcentre
wasRMB1,150.00million.thepaid-incapitalofQianXinmingwasRMB385.00million.thepaid-incapitalofJin
XiuzhenwasRMB204.435million.thepaid-incapitalofQianXinmingwasRMB385.00million.thepaid-in
capitalofChenWeiwasRMB759.22million.thepaid-incapitalofWangYingchaowasRMB286.055million,
thepaid-incapitalofBeijingheyiinvestmentpartnershipcompany(limitedpartnership)wasRMB1,089.935
million. the paid-incapital of Jiang Wei was RMB143.605million, the paid-incapital of Li Hongleiwas
RMB563.255million.thepaid-incapitalofZhuLeiwasRMB418.495million.
OnJune6,2017,WuhuDongxuWeiyuMedicalApparatusTechnologyCo.,Ltdsetup100%heldsidiaries
ShandongQihuiWeiyuMedicalApparatusTechnologyCo.,Ltd,,withthetotalamountofcapitalcontribution
agreedintheagreementwasRMB2,000.00million,andthepaid-incapitalwasRMB500.00million.
OnJune29,2017,WuhuDongxuWeiyuMedicalApparatusTechnologyCo.,Ltdsetup100%heldsidiaries
GuangdongDongxuWeiyuMedicalApparatusTechnologyCo.,Ltd,,withthetotalamountofcapitalcontribution
agreedintheagreementwasRMB2,000.00million,andthepaid-incapitalwasRMB000.00million.
Others
OnApril13,2017,DongxuConstructiongroupCo.,Ltdmerged100%heldsidiariesHebeiXubaobuilding
projectCo.,Ltd,,andbecomedintosubsidiaries.
DongxuOptoelectronicTechnologyCo.,Ltd.
Chairman:LiZhaoting
IssuedayapprovedbytheBoardofDirectors:August,2018