[一季报]老板电器(002508):2026年第一季度报告（英文版）

 时间：2026年05月08日 19:11:31 中财网

原标题:老板电器:2026年第一季度报告（英文版）

Stockcode:002508 Stockname:RobamAppliances AnnouncementNo.:2026-008HangzhouRobamAppliancesCo.,Ltd.
Q12026Report
HangzhouRobamAppliancesCo.,Ltd.(theCompany)andallmembersofitsBoardofDirectorsherebyguaranteethatthere arenofalserepresentations,misleadingstatementsormaterialomissionsinthisQuarterlyReport(“theReport”),andthe informationcontainedhereinisauthentic,accurateandcomplete.ImportantNotes
1.TheBoardofDirectors,aswellasdirectorsandseniormanagementoftheCompanyherebyguaranteethattherearenofalse
representations,misleadingstatementsormaterialomissionsintheReport,andareseverallyandjointlyliablefortheauthenticity,
accuracyandcompletenessoftheinformationcontainedherein.
2.TheheadoftheCompany,thepersoninchargeoftheCompany’saccountingaffairsandtheheadoftheaccountingdepartment
(theaccountantincharge)herebydeclareandwarrantthatthefinancialreportcontainedintheReportisauthentic,accurate,and
complete.
3.WhethertheQ1financialreporthasbeenaudited?
□Yes?No
I.KeyFinancialData
(I)KeyAccountingDataandFinancialIndicators
WhethertheCompanyneedstoretroactivelyadjustorrestatetheaccountingdataofpreviousyears?
　ThereportingperiodThesameperiodlastyearYoYchange(%)
OperatingIncome(RMB)1,962,936,648.192,076,194,452.05-5.46
Netprofitattributableto shareholdersofthelisted company(RMB)306,638,947.40340,019,016.58-9.82
Netprofitattributableto shareholdersofthelisted companyafterdeductingnon- recurringgains/losses(RMB)258,772,432.94313,555,187.51-17.47
Netcashflowfromoperating activities(RMB)-421,237,858.82-187,492,962.49-124.67
Basicearningspershare (EPS)(RMB/share)0.320.36-11.11
DilutedEPS(RMB/share)0.320.36-11.11
Weightedaveragereturnon netassets2.63%3.00%Adecreaseof0.37%
　EndofthereportingperiodEndoflastyearChange(%)
Totalassets(RMB)16,663,562,175.7017,208,063,114.15-3.16
Owner'sequityattributableto shareholdersofthelisted company(RMB)11,806,502,571.1911,497,455,691.082.69
(II)ItemsandAmountsofNon-recurringGainsandLosses
?Applicable□Notapplicable

ItemAmountforthecurrentreportingperiodDescription
Gainsandlossesondisposalofnon- currentassets(includingthewritten-off partoftheprovisionforassetimpairment accrued)-270,772.04　
Governmentsubsidiesincludedin currentgainsandlosses(excluding governmentsubsidiescloselyrelatedto theCompany'snormalbusiness,inline withnationalpolicy,enjoyedaccording toestablishedstandards,andhavinga sustainedimpactontheCompany'sgains andlosses).11,942,387.98　
Reversalofimpairmentprovisionfor accountsreceivabletestedfor impairmentseparately46,730,420.37　
Othernon-operatingrevenuesand expensesexcepttheaboveitems-961,715.42　
Less:Affectedamountofincometax9,314,038.00　
Affectedamountofminority259,768.43　
shareholders’equity(aftertax)　　
Total47,866,514.46--
Otheritemsofgainsandlossesmeetingthedefinitionofnon-recurringgainsandlosses□Applicable?Notapplicable
TheCompanydoesnothaveotheritemsofgainsandlossesmeetingthedefinitionofnon-recurringgainsandlossesExplanationonthecircumstancewhereitemsofthenon-recurringgainsandlossesenumeratedintheExplanatoryAnnouncement
No.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic—Non-recurringGainsandLosses
(referredtoas“AnnouncementNo.1”)aredefinedasrecurringgainsandlosses□Applicable?Notapplicable
Thereisnocircumstancewhereitemsofnon-recurringgainsandlossesenumeratedinaccordancewiththeAnnouncementNo.1
aredefinedasrecurringgainsandlosses.
(III)ChangesinMajorAccountingDataandFinancialIndicatorsandTheirReasons?Applicable□Notapplicable
1.Balancesheetitems
Asattheendofthereportingperiod,non-currentassetsduewithinoneyearincreasedby38.08%comparedwiththebeginningof
theyear,mainlyduetotheincreaseinfinancialmanagementproductsmaturingwithinoneyear.Asattheendofthereportingperiod,othernon-currentfinancialassetsdecreasedby100%comparedwiththebeginningofthe
year,mainlyduetothematurityandredemptionoffinancialmanagementproducts.Asattheendofthereportingperiod,payrollpayabletoemployeesdecreasedby82.95%comparedwiththebeginningoftheyear,
mainlyduetothecompletionofpaymentofsalariesandbonusesaccruedattheendof2025.2.Incomestatementitems
Duringthereportingperiod,investmentincomeincreasedby732.58%comparedwiththesameperiodlastyear,mainlyduetothe
increaseinincomefrommaturedfinancialmanagementproducts.
Duringthereportingperiod,investmentincomefromassociatesandjointventuresincreasedby101.94%ascomparedtothesame
periodlastyear,mainlyduetotheincreaseinincomefromequityinvestments.Duringthereportingperiod,assetimpairmentlossesincreasedby328.8%comparedwiththesameperiodlastyear,mainlydueto
theincreaseinprojectmortgagepropertiesandahigherprovisionratioforimpairmentofsuchproperties.Duringthereportingperiod,gainsonassetdisposalsincreasedby86.94%comparedwiththesameperiodlastyear,mainlydueto
thereductioninthelossesfromthesaleofprojectmortgageproperties.Duringthereportingperiod,non-operatingincomeincreasedby45.77%comparedwiththesameperiodlastyear,mainlydueto
theincreaseinpayablesthatcouldnotbepaid.
Duringthereportingperiod,non-operatingexpensesincreasedby44.56%comparedwiththesameperiodlastyear,mainlydueto
increasedtaxlosses.
Duringthereportingperiod,minorityshareholders'gainsandlossesincreasedby85.31%comparedwiththesameperiodlastyear,
mainlyduetoreducedlossesofsubsidiaries.
3.Cashflowstatementitems
Duringthereportingperiod,netcashflowsfromoperatingactivitiesdecreasedby124.67%ascomparedwiththesameperiodlast
year,mainlyduetoreducedcashreceiptsfromsalesandincreasedpaymentsofexpenses.Duringthereportingperiod,netcashflowsfrominvestmentactivitiesincreasedby3518.96%ascomparedwiththesameperiod
oflastyear,mainlyduetotheincreaseintherecoveryoftimedepositsandfinancialmanagementproductsatmaturity.
Duringthereportingperiod,netcashflowsfromfinancingactivitiesdecreasedby103.21%ascomparedwiththesameperiodof
lastyear,mainlyduetorepaymentofbankloansbysubsidiaries.
II.ShareholderInformation
(I)TotalNumberofCommonShareholdersandPreferredShareholderswiththeVotingRightsRecoveredandShareholdingoftheTop10Shareholders
Unit:share

Totalnumberofcommon shareholdersattheendofthe reportingperiod41,108Totalnumberofpreferredshareholderswiththe votingrightsrecoveredattheendofreportingperiod (ifany)0　　　
Shareholdingsofthetop10shareholders(excludingshareslentthroughrefinancing)　　　　　　
NameofshareholderNatureof sharehold erShareholding (%)Numberof sharesNumberof sharessubject tosales restrictionsPledged,markedorfrozenshares　
　　　　　StatusQuantity
HangzhouRobam IndustrialGroupCo., Ltd.Domestic non-state- owned corporatio n49.90%471,510,0000NotApplicable0
HongKong SecuritiesClearing CompanyLimitedOverseas corporatio n4.96%46,867,7880NotApplicable0
ChinaMerchants BankCo.,Ltd.- ICBCCreditSuisse ValueSelected HybridSecurities InvestmentFundOthers1.73%16,368,6270NotApplicable0
ShenGuoyingDomestic natural person1.30%12,240,0000NotApplicable0
ChinaLifeInsurance (Group)Company- Traditional- OrdinaryInsurance Products-Hong KongStockConnect (InnovativeStrategy)Others0.94%8,906,2000NotApplicable0
ChinaConstructionOthers0.77%7,254,2050NotApplicable0
BankCorporation- HSBCJintrust DynamicStrategy MixedSecurities InvestmentFund　　　　　　
IndustrialSecurities Co.,Ltd.State- owned corporatio n0.72%6,792,5000NotApplicable0
ChinaPacificLife InsuranceCo.,Ltd. －Traditional－ OrdinaryInsurance ProductsOthers0.72%6,786,7000NotApplicable0
HangzhouJinchuang InvestmentCo.,Ltd.Domestic non-state- owned corporatio n0.70%6,640,0850NotApplicable0
SchroderInvestment Management(Hong Kong)Limited- SchroderGlobal EquityFundChina A-Shares(Exchange)Overseas corporatio n0.68%6,435,3000NotApplicable0
Shareholdingsofthetop10shareholdersnotsubjecttosalesrestrictions(excludingshareslentthroughrefinancingandexecutive lockedshares)　　　　　　
NameofshareholderNumberofsharesnotsubjecttosalesrestrictionsTypeofshare　　　　
　　TypeofshareQuantity　　　
HangzhouRobamIndustrial GroupCo.,Ltd.471,510,000RMBordinary shares471,510,000　　　
HongKongSecuritiesClearing CompanyLimited46,867,788RMBordinary shares46,867,788　　　
ChinaMerchantsBankCo.,Ltd. -ICBCCreditSuisseValue SelectedHybridSecurities InvestmentFund16,368,627RMBordinary shares16,368,627　　　
ShenGuoying12,240,000RMBordinary shares12,240,000　　　
ChinaLifeInsurance(Group) Company-Traditional-Ordinary Insurance Products-HongKongStock Connect(InnovativeStrategy)8,906,200RMBordinary shares8,906,200　　　
ChinaConstructionBank Corporation– HSBCJintrustDynamicStrategy MixedSecuritiesInvestmentFund7,254,205RMBordinary shares7,254,205　　　
IndustrialSecuritiesCo.,Ltd.6,792,500RMBordinary shares6,792,500　　　
ChinaPacificLifeInsuranceCo., Ltd. -Traditional-Ordinary InsuranceProducts6,786,700RMBordinary shares6,786,700　　　
HangzhouJinchuangInvestment Co.,Ltd.6,640,085RMBordinary shares6,640,085　　　
SchroderInvestmentManagement6,435,300RMBordinary6,435,300　　　

(HongKong) Limited-SchroederGlobal EquityFundChinaA-Shares (Exchange)　shares　
Descriptionoftheassociatedrelationshipor consistentactionsoftheaboveshareholdersMr.RenJianhuaisthecontrollingshareholderoftheCompany, shareholderofHangzhouRobamIndustrialGroupCo.,Ltd.,andthe actualcontrollerofHangzhouJinchuangInvestmentCo.,Ltd.;andthe naturalpersonshareholder,ShenGuoying,ishiswife.Therefore,thereis apossibilitythattheseshareholderswillactinconcert.　　
Descriptionofthetop10shareholdersengagingin securitiesmargintrading(ifany)None　　
Shareslendingthroughrefinancinginvolvingshareholdersholdingmorethan5%oftheshares,thetop10shareholders,andthe
top10shareholdersofunrestrictedcirculatingshares
□Applicable?Notapplicable
Comparedtothepreviousperiod,thechangeisduetothetop10shareholdersandthetop10unrestrictedcirculatingshareholders
lending/returningsharesforrefinancingpurposes.
□Applicable?Notapplicable
(II)TotalNumberoftheCompany’sPreferredShareholdersandShareholdingoftheTop10PreferredShareholders
□Applicable?Notapplicable
III.OtherSignificantMatters
□Applicable?Notapplicable
IV.QuarterlyFinancialStatements
(i)FinancialStatements
1.ConsolidatedBalanceSheet
Preparedby:HangzhouRobamAppliancesCo.,Ltd.
March31,2026

ItemEndingbalanceBeginningbalance
Currentassets:　　
Cashandcashequivalents1,488,871,187.681,236,257,860.53
Depositreservationforbalance　　
Lendingstobanksandotherfinancial institutions　　
Financialassetsheldfortrading3,130,000,000.003,230,000,000.00
Derivativefinancialassets　　
Notesreceivable566,231,011.28578,435,043.55
Accountsreceivable1,431,069,907.311,501,774,623.23
Accountsreceivablefinancing　　
Prepayments225,816,214.80186,281,708.91
Receivablepremium　　
Reinsuranceaccountsreceivable　　
Reinsurancecontractreserves receivable　　
Otherreceivables81,093,236.8273,533,704.37
Inc:Interestsreceivable　　
Dividendsreceivable　400,000.00
Redemptorymonetarycapitalforsale　　
Inventory1,295,256,052.451,360,022,769.09
Including:Dataresources　　
Contractassets　　
Assetsheldforsale　　
Non-currentassetsduewithinoneyear689,233,004.55499,143,689.50
Othercurrentassets84,824,458.1288,468,071.99
Totalcurrentassets8,992,395,073.018,753,917,471.17
Non-currentassets:　　
Loansandadvances　　
Creditorsinvestment　　
Otherdebtinvestment　　
Long-termaccountreceivable　　
Long-termequityinvestment4,453,277.974,395,119.95
Investmentinotherequityinstruments2,116,023.222,116,023.22
Othernon-currentfinancialassets　800,451,400.00
Investmentproperties72,020,154.5681,013,670.91
Fixedassets2,148,005,123.142,173,675,186.21
Constructioninprocess46,571,223.8746,511,377.40
Biologicalassetsforproduction　　
Oil&gasassets　　
Rightofuseassets7,558,579.018,102,992.49
Intangibleassets193,895,108.26196,406,397.41
Including:Dataresources　　
Developmentexpenditure　　
Including:Dataresources　　
Goodwill　　
Long-termprepaidexpenses2,519,769.603,252,717.83
Deferredincometaxassets:331,606,338.26325,584,003.83
Othernon-currentassets4,862,421,504.804,812,636,753.73
Totalnon-currentassets7,671,167,102.698,454,145,642.98
Totalassets16,663,562,175.7017,208,063,114.15
Currentliabilities:　　
Short-termborrowings98,227,931.9697,738,579.05
Borrowingsfromthecentralbank　　
Borrowingsfrombanksandother financialinstitutions　　
Financialliabilitiesheldfortrading　　
Derivativefinancialliabilities　　
Notespayables1,131,998,412.651,102,064,932.55
Accountspayable2,071,769,411.692,655,136,329.40
Advancereceipts　　
Contractliabilities802,025,098.60932,559,161.31
Financialassetssoldforrepurchase　　
Depositsfromcustomersand interbank　　
Receivingsfromvicariouslytraded securities　　
Receivingsfromvicariouslytraded securities　　
Payrollpayable30,662,344.32179,852,713.89
Taxespayable122,690,949.16121,036,736.76
Otherpayables291,622,450.12294,434,125.10
Inc:Interestspayable　　
Dividendspayable　　
Feesandcommissionspayable　　
Dividendspayableforreinsurance　　
Liabilitiesheldforsale　　
Non-currentliabilitiesduewithinone year1,652,109.291,967,891.30
Othercurrentliabilities84,516,399.73102,759,019.62
Totalcurrentliabilities4,635,165,107.525,487,549,488.98
Non-currentliabilities:　　
Reservesforinsurancecontracts　　
Long-termloans　　
Bondspayable　　
Inc:Preferredshares　　
Perpetualbonds　　
Leaseliabilities7,397,350.287,867,003.07
Long-termaccountspayable　　
Long-termpayrollpayable　　
Estimatedliabilities　　
Deferredincome96,352,192.73100,318,829.17
Deferredincometaxliabilities44,379,865.9640,433,744.03
Othernon-currentliabilities　　
Totalnon-currentliabilities148,129,408.97148,619,576.27
Totalliabilities4,783,294,516.495,636,169,065.25
Owner’sequity:　　
Capitalstock944,938,916.00944,938,916.00
Otherequityinstruments　　
Inc:Preferredshares　　
Perpetualbonds　　
Capitalreserve250,427,239.59245,855,894.16
Less:treasuryshare　　
Othercomprehensiveincome-102,022,744.97-99,859,332.25
Specialreserve　　
Surplusreserve474,516,412.50474,516,412.50
Generalriskreserves　　
Undistributedprofits10,238,642,748.079,932,003,800.67
Totalowners’equityattributabletothe parentcompany11,806,502,571.1911,497,455,691.08
Minorityinterests73,765,088.0274,438,357.82
Totalowners’equity11,880,267,659.2111,571,894,048.90
Totalliabilitiesandowner’sequity16,663,562,175.7017,208,063,114.15
Legalrepresentative:RenJianhuaPersoninchargeofaccounting:ZhangGuofuHeadoftheaccountingdepartment:ZhangGuofu
3.ConsolidatedIncomeStatement
InRMB

ItemAmountofthecurrentperiodAmountofthepreviousperiod
I.Totaloperatingincome1,962,936,648.192,076,194,452.05
Inc:Operatingincome1,962,936,648.192,076,194,452.05
Interestincome　　
Earnedpremium　　
Feeandcommissionincome　　
II.Totaloperatingcosts1,669,917,028.261,752,513,463.62
Inc:Operatingcosts900,942,867.19981,571,995.43
Interestexpenses　　
Feeandcommissionexpenses　　
Surrendervalue　　
Netpaymentsforinsurance claims　　
Netallotmentofreservesfor insuranceliabilities　　
Policydividendexpenditures　　
Reinsuranceexpenses　　
Taxesandsurcharges9,336,043.079,148,370.58
Salesexpenses624,831,408.45636,571,393.23
Administrativeexpenses104,986,934.5596,991,129.85
R&Dexpenses60,755,346.5562,500,918.10
Financialexpenses-30,935,571.55-34,270,343.57
Including:Interestexpenses780,231.95883,305.19
Interestincome34,815,657.4235,677,782.29
Add:otherincome48,251,789.0940,262,154.52
Investmentincome(“-”for losses)21,819,352.082,620,688.10
Including:Incomefrom investmentinjointventuresand affiliatedenterprises58,158.02-3,004,364.10
Gainson derecognitionoffinancialassets measuredatamortizedcost　　
Exchangegains(“-”forlosses)　　
Netexposurehedginggains(“-” forlosses)　　
Gainsfromchangesinfairvalue (“-”forlosses)　　
Lossesfromcreditimpairment (“-”forlosses)26,997,012.2823,314,042.05
Lossesfromassetimpairment(“- ”forlosses)-26,137,146.1511,423,666.09
Gainsondisposalofassets(“-” forlosses)-269,628.95-2,064,442.82
III.Operatingprofits(“-”forlosses)363,680,998.28399,237,096.37
Add:non-operatingincome755,658.47518,377.14
Less:non-operatingexpenditure1,718,516.981,188,766.48
IV.Totalprofits(“-”fortotallosses)362,718,139.77398,566,707.03
Less:incometaxexpenses56,726,612.6662,954,693.12
V.Netprofits(“-”forlosses)305,991,527.11335,612,013.91
(I)Byoperationalsustainability　　
1.Netprofitsfromcontinuing operations(“-”fornetlosses)305,991,527.11335,612,013.91
2.Netprofitsfromdiscontinued operations(“-”fornetlosses)　　
(II)Byownership　　
1.Netprofitsattributabletoowners oftheparentcompany306,638,947.40340,019,016.58
2.Minorityshareholders’gainsand losses-647,420.29-4,407,002.67
VI.After-taxnetamountofother comprehensiveincome-2,189,262.23-345,118.46
After-taxnetamountofother comprehensiveincomeattributabletothe ownersofparentcompany-2,163,412.72-345,118.46
(I)Othercomprehensiveincome thatcannotbereclassifiedintogainsand losses　　
1.Changesinre-measuredand definedbenefitplans　　
2.Othercomprehensiveincome whichcannotbetransferredintogainsor lossesundertheequitymethod　　
3.Changesinfairvalueofthe investmentinotherequityinstruments　　
4.Changesinfairvalueofthe creditriskoftheCompany　　
5.Others　　
(II)Othercomprehensiveincome whichwillbereclassifiedintogainsand losses-2,163,412.72-345,118.46
1.Othercomprehensiveincome whichcanbetransferredintogainsand lossesundertheequitymethod　　
2.Changesinfairvalueofother debtinvestments　　
3.Amountoffinancialassets reclassifiedintoothercomprehensive income　　
4.Provisionforcreditimpairment ofotherdebtinvestments　　
5.Cashflowhedgereserve　　
6.Converteddifferenceinforeign currencystatements-2,163,412.72-345,118.46
7.Others　　
After-taxnetamountofother comprehensiveincomeattributableto minorityshareholders-25,849.51　
VII.Totalcomprehensiveincome303,802,264.88335,266,895.45
Totalcomprehensiveincome attributabletoownersoftheparent company304,475,534.68339,673,898.12
Totalcomprehensiveincome attributabletominorityshareholders-673,269.80-4,407,002.67
VIII.Earningspershare(EPS):　　
(I)BasicEPS0.320.36
(II)DilutedEPS0.320.36
Inthecaseofmergerofenterprisesunderthesamecontrolinthecurrentperiod,thenetprofitrealizedbythemergedpartybefore
themergeris:RMB0.00,andthenetprofitrealizedbythemergedpartyinthepreviousperiodis:RMB0.00.Legalrepresentative:RenJianhuaPersoninchargeofaccounting:ZhangGuofuHeadoftheaccountingdepartment:ZhangGuofu
3.ConsolidatedCashFlowStatement

ItemAmountofthecurrentperiodAmountofthepreviousperiod
I.Cashflowfromoperatingactivities:　　
Cashreceivedforthesaleofgoods andrenderingofservices2,051,834,655.572,492,115,054.87
Netincreaseinclients’depositsand depositsfrombanksandotherfinancial institutions　　
Netincreaseinborrowingsfromthe centralbank　　
Netincreaseinborrowingsfromother financialinstitutions　　
Cashreceivedfromreceiving insurancepremiumoftheoriginal insurancecontract　　
Netcashfromreceivingreinsurance premium　　
Netincreaseindepositsand investmentofinsuredpersons　　
Cashreceivedfrominterests,feesand commissions　　
Netincreaseinborrowedfunds　　
Netincreaseinrepurchasebusiness funds　　
Netcashreceivedfromvicariously tradedsecurities　　
Refundsoftaxes27,766,131.4712,102,370.96
Cashreceivedrelatingtoother operatingactivities21,724,229.0672,598,379.75
Subtotalofcashinflowfromoperating activities2,101,325,016.102,576,815,805.58
Cashpaidforpurchasedproductsand receivedservices1,344,547,691.951,582,634,369.72
Netincreaseinloansandadvancesto customers　　
Netincreaseindepositswiththe centralbankandotherfinancial institutions　　
Cashpaidforclaimsoforiginal insurancecontract　　
Netincreaseinlendingfunds　　
Cashpaidforinterests,feesand commissions　　
Cashpaidforpolicydividends　　
Cashpaidtoandonbehalfof employees338,462,751.07340,323,826.97
Cashpaidfortaxes120,951,755.05176,766,557.79
Cashpaidrelatedtootheroperating activities718,600,676.85664,584,013.59
Subtotalofcashoutflowfromoperating activities2,522,562,874.922,764,308,768.07
Netcashflowfromoperatingactivities-421,237,858.82-187,492,962.49
II.Cashflowfrominvestmentactivities:　　
Cashreceivedfromreturnof investments1,795,071,726.22200,000,000.00
Cashreceivedfromreturnon22,777,765.525,688,700.00
investments　　
Netcashreceivedfromdisposalof fixedassets,intangibleassetsandother long-termassets　29,294.70
Netcashreceivedfromdisposalof subsidiariesandotherbusinessentities　　
Cashesreceivedrelatedtoother investmentactivities105,780,968.461,426,891,643.84
Subtotalofcashinflowfrominvestment activities1,923,630,460.201,632,609,638.54
Cashpaidforpurchaseand constructionoffixedassets,intangible assetsandotherlong-termassets69,056,600.0663,778,233.36
Cashpaidtoinvestments890,000,000.001,350,000,000.00
Netincreaseinpledgedloans　　
Netcashfromsubsidiariesandother operatingentities　　
Cashpaidrelatedtootherinvestment activities283,073,600.00200,000,000.00
Subtotalofcashoutflowfrominvestment activities1,242,130,200.061,613,778,233.36
Netcashflowfrominvestmentactivities681,500,260.1418,831,405.18
III.Cashflowfromfinancingactivities:　　
Cashfromacquiringinvestments　2,337,012.70
Including:Cashreceivedby subsidiariesfrominvestmentsof minorityshareholders　1,677,616.20
Cashfromacquiringdebts42,100,000.0039,600,000.00
Othercashesreceivedinrelationto financingactivities　　
Subtotalofcashinflowfromfinancing activities42,100,000.0041,937,012.70
Cashpaidforrepaymentsofdebts41,608,555.8533,013,457.92
Cashpaidfordistributionof dividends,profitsorinterestexpenses　504,297.51
Including:Dividendsorprofitspaid bysubsidiariestominorityshareholders　　
Othercashespaidinrelationto financingactivities739,366.00704,158.08
Subtotalofcashoutflowfromfinancing activities42,347,921.8534,221,913.51
Netcashflowfromfinancingactivities-247,921.857,715,099.19
IV.Effectofchangeinexchangerateon cashandcashequivalents-740,065.96-61,589.16
V.Netincreaseincashandcash equivalents259,274,413.51-161,008,047.28
Plus:Openingbalanceofcashand cashequivalents1,169,244,689.171,518,303,556.89
VI.Closingbalanceofcashandcash equivalents1,428,519,102.681,357,295,509.61
(II)Relevantfinancialstatementitemsatthebeginningof2026whentheadjustmentsstipulatedinthenewaccountingstandardsapplyforthefirsttime（未完）
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