深中华B：2023年年度报告摘要(英文版)
Shenzhen China Bicycle Company (Holdings) Co., Ltd.
Summary of Annual Report 2023
I. Important NoticeThe summary is abstract from full-text of annual report, for more details of operating results, financial conditionand future development plan of the Company; investors should found in the full-text of annual report thatpublished on media appointed by CSRC.All directors are attended the Board Meeting for Report deliberation.Tips for non-standard audit opinion
□Applicable ?Not applicable
Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by theBoard in the reporting period
□Applicable ?Not applicable
The Company plans not to distribute cash dividends, not to send bonus shares and no reserve capitalizing.Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period
□Applicable □Not applicable
II. Company information
1. Company profile
| Short form of the stock | Zhonghua A, Zhonghua B | Stock Code | 000017,200017 | |
| Stock Exchange for listing | Shenzhen Stock Exchange | |||
| Short form of the Stock before changed (if applicable) | N/A | |||
| Person/Way to contact | Secretary of the Board | Rep. of security affairs | ||
| Name | Sun Longlong | Yu Xiaomin, Zhong Xiaojin | ||
| Offices add. | 8/F Shuibei Jinzuo Building, No.89 Beili North Road, Cuizhu Street, Luohu District, Shenzhen | 8/F Shuibei Jinzuo Building, No.89 Beili North Road, Cuizhu Street, Luohu District, Shenzhen | ||
| Fax. | 0755-28181009 | 0755-28181009 | ||
| Tel. | 0755-28181688 | 0755-28181688 | ||
| dmc@szcbc.com | dmc@szcbc.com | |||
2.Main business or product introduction in the reporting period
During the reporting period, the company mainly engaged in jewelry gold business, bicycle and new-energylithium battery material business: (1) Gold jewelry business -The company connected with downstream goldjewelry brands, purchased gold and diamonds according to their product needs, and then entrusted gold jewelryprocessing plants for processing, and delivered the inspected and qualified finished products to downstreamcustomers after making product certificate for them. Through the integration of upstream supplier resources anddownstream customer resources, the turnover speed of gold jewelry products in upstream and downstream hasbeen improved, the cost of circulation has been reduced, and the overall competitive advantage of upstream anddownstream has formed. (2) Bicycle and new-energy lithium battery material business includes production,assembly, procurement, and sales of bicycles and electric bicycles, and procurement, sales, and consignedprocessing of lithium batteries materials, etc.
3. Main accounting data and financial indexes
(1) Main accounting data and financial indexes for recently three years
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changedand accounting error correction or not
□Yes ?No
In RMB
| Year-end of 2023 | Year-end of 2022 | Changes at end of the current year compared with the end of previous year (+,-) | Year-end of 2021 | |
| Total assets | 369,677,494.32 | 397,253,487.93 | -6.94% | 97,363,437.22 |
| Net assets attributable to shareholder of listed company | 308,761,246.16 | 290,129,318.51 | 6.42% | 8,918,538.16 |
| 2023 | 2022 | Changes in the current year over the previous year (+,-) | 2021 | |
| Operation revenue | 568,481,907.92 | 444,762,238.25 | 27.82% | 165,246,577.95 |
| Net profit attributable to shareholders of the listed company | 17,901,948.24 | -7,616,378.75 | 335.05% | -1,986,692.82 |
| Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses | 18,493,684.11 | -7,644,167.31 | 341.93% | -4,548,872.83 |
| Net cash flow arising from operating activities | 29,972,830.62 | -261,419,066.03 | 111.47% | 15,673,932.87 |
| Basic EPS(RMB/Share) | 0.03 | -0.01 | 400.00% | -0.004 |
| Diluted EPS(RMB/Share) | 0.03 | -0.01 | 400.00% | -0.004 |
| Weighted average ROE | 6.22% | -14.30% | 20.52% | -20.04% |
（2）Quarterly main financial index
In RMB
| Q 1 | Q 2 | Q 3 | Q 4 | |
| Operation revenue | 151,527,917.92 | 141,471,244.58 | 55,503,482.91 | 219,979,262.51 |
| Net profit attributable to shareholders of the listed company | 2,848,657.72 | 2,013,641.18 | 191,639.21 | 12,848,010.13 |
| Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses | 3,066,157.71 | 1,927,209.63 | 41,781.30 | 13,458,535.47 |
| Net cash flow arising from operating activities | -7,545,878.64 | -27,818,495.02 | -4,622,651.82 | 69,959,856.10 |
Whether there are significant differences between the above-mentioned financial index or its total number andthe relevant financial index disclosed in the company’s quarterly report and semi-annual report
□Yes ?No
4. Share capital and shareholders
(1) Particulars about common stock shareholders, preference shareholders with voting rights recoveredand top ten shareholders
In RMB
| Total common shareholders at end of the Period | 40,022 | Total common shareholders at end of last month before annual report disclosed | 75,669 | Total preferred shareholders with voting rights recovered at end of reporting period | 0 | Total preferred shareholders with voting rights recovered at end of last month before annual report disclosed | 0 | |
| Top ten shareholders（Excluding shares lent through refinancing) | ||||||||
| Name of Shareholders | Nature of shareholder | Proportion of shares held | Amount of shares held | Amount of restricted shares held | Information of shares pledged, tagged or frozen | |||
| State of share | Amount | |||||||
| Wansheng Industrial Holdings (Shenzhen) Co., Ltd. | Domestic non-state-owned legal person | 20.00% | 137,836,986 | 137,836,986 | Not applicable | 0 | ||
| Shenzhen Guosheng | Domestic non-state- | 9.22% | 63,508,747 | 0 | Not applicable | 0 | ||
| Energy Investment Development Co., Ltd. | owned legal person | |||||
| UOB Kay Hian (Hong Kong) Limited | Foreign legal person | 2.51% | 17,284,885 | 0 | Not applicable | 0 |
| Guosen Securities (HK) Brokerage Co., Ltd. | Foreign legal person | 2.02% | 13,909,425 | 0 | Not applicable | 0 |
| Shenwan Hongyuan Securities (Hong Kong) Co., Ltd. | Foreign legal person | 1.20% | 8,281,156 | 0 | Not applicable | 0 |
| Lhasa Xingqing Network Technology Co., Ltd. | Domestic non-state-owned legal person | 0.67% | 4,600,255 | 0 | Not applicable | 0 |
| Li Huili | Domestic nature person | 0.56% | 3,891,124 | 0 | Not applicable | 0 |
| Ge Zhiqiong | Domestic nature person | 0.44% | 3,050,452 | 0 | Not applicable | 0 |
| Xu Hongbo | Domestic nature person | 0.42% | 2,927,319 | 0 | Not applicable | 0 |
| China Merchants Securities (HK) Co., Ltd | Foreign legal person | 0.42% | 2,894,135 | 0 | Not applicable | 0 |
| Explanation on associated relationship among the aforesaid shareholders | Li Huili, spouse of Ji Hanfei, the actual controller of Shenzhen Guosheng Energy Investment Development Co., Ltd., holding B-share of the Company on behalf of Shenzhen Guosheng Energy Investment Development Co., Ltd., other than that, the Company does not know whether the other outstanding shareholders are related and whether the shareholders belong to persons acting in concert regulated in the Administration of Disclosure of Information on the Change of Shareholders in Listed Companies. | |||||
| Explanation on involving margin business (if applicable) | N/A | |||||
Lending of shares by the top ten shareholders participating in refinancing business
□ Applicable √ Not applicable
The top ten shareholders have changed from the previous period
□ Applicable √ Not applicable
(2) Total preferred stock shareholders of the Company and shares held by top ten shareholders withpreferred stock held
□Applicable ?Not applicable
The Company had no shareholders with preferred stock held in the reporting.
(3) Property right and controlling relationships between the actual controllers of the Company and theCompany is as follows
5. Bonds in existence as of the approval date of the annual report
□Applicable ?Not applicable
III. Important matters
1. Purchasing the minority interest in controlling subsidiary
In order to further integrate resources, better optimize the resources allocation and improve competitiveness andcomprehensive strength of the Company in field of jewelry and gold business, in June 2023, the Resolution ofPurchasing Minority Interest from Controlling Subsidiary and Related Transactions was deliberated and approvedby the Board and Shareholders’ General Meeting respectively. Based on reference to the (YW Appraisal Zi[2023]No. 041) Asset Appraisal Report of the Proposed Equity Transfer of Shenzhen Xinsen Jewelry Gold Supply ChainCo., Ltd Involving the Value of Certain Shareholders’ Interests issued by Yu Wei International Asset Appraisal(Shenzhen ) Co., Ltd., the Company purchased 35% equity of Xinsen Company held by Zuankinson with 25.55million yuan. After the purchase, the Company holds 100% equity of Xinsen Company, which has become awholly-owned subsidiary of the Company. Refer to (www.cninfo.com.cn) for details: Announcement on Purchaseof the Minority Interest in Controlling Subsidiary and Related Transactions (Notice No.: 2023-019) dated 7 June2023. As at the date of the announcement, the Company has completed the changing procedures of industrial &commercial for Xinsen Company. Refer to (www.cninfo.com.cn) for details: Progress of Purchasing MinorityInterest in Controlling Subsidiary dated 11 August 2023.
Board of Directors of Shenzhen China Bicycle Company (Holdings) Co., Ltd.
April 19,2024