Stock Code: 002493 Stock Abbreviation: Rongsheng Petrochemical Announcement No.: 2025-052
Rongsheng Petrochemical Co., Ltd.
2025 Third Quarterly Report
Important notice:
1. The Board of Directors, the Board of Supervisors and the directors, supervisors and senior management
confirm that the contents in this quarterly report are true, accurate, and complete and have no falserepresentations, misleading statements or material omissions, and they shall severally and jointly accept legalresponsibility for such contents.
2. The chairman of the Company, the person in charge of the Company’s accounting and the person in charge of
the accounting firm (accounting officer), hereby make representations in respect of the truthfulness, accuracy andcompleteness of the financial statements in this quarterly report.
3. Whether the Third Quarterly Report has been audited
□Yes RNo
I. Key Financial Data
(I) Key accounting data and financial indicators
Whether the Company needs to retroactively adjust or restate prior years’ accounting data
□Yes RNo
| Current reporting period | Increase/decrease in the current reporting period over the sameperiod last year | Beginning of the year to the end of the reporting period | Increase/dec-rease from beginning the of year to the end of the reporting period over the same period last year | |
| Operating income (RMB) | 79,185,280,480.27 | -5.67% | 227,814,631,415.77 | -7.09% |
The Company and all members of the Board of Directors confirm that the informationdisclosed is true, accurate and complete, and has no false representations, misleadingstatements or material omissions.
Net profit attributable toshareholders of the listedcompany (RMB)
| Net profit attributable to shareholders of the listed company (RMB) | 286,367,804.90 | 1,427.94% | 888,451,909.29 | 1.34% |
| Net profit attributable to shareholders of the listed company net of non-recurring gains and losses (RMB) | 314,303,932.85 | 1,887.27% | 1,069,261,824.44 | 55.37% |
| Net cash flow from operating activities (RMB) | 23,646,884,991.31 | 19.93% | ||
| Basic earnings per share (RMB per share) | 0.03 | 1,413.45% | 0.09 | - |
| Diluted earnings per share (RMB per share) | 0.03 | 1,413.45% | 0.09 | - |
| Weighted average return on net assets | 0.66% | 0.60% | 2.03% | 0.04% |
| End of the reporting period | End of last year | Increase/decrease at the end of the reporting period over the end of last year | ||
| Total assets (RMB) | 392,918,397,668.51 | 377,845,944,183.98 | 3.99% | |
| Owner’s equity attributable to shareholders of the listed company (RMB) | 43,693,718,073.55 | 43,859,172,287.65 | -0.38% | |
(II) Items and amounts of non-recurring gain and loss
RApplicable □Not applicable
Unit:10,000 RMB
| Item | Amount in the current reporting period | Amount from the beginning of the year to the end of the reporting period |
| Gains or losses on disposal of non-current assets (including the part written-off with provision for asset impairment accrued) | -958.30 | -1,213.40 |
| Government grants recognized in current gains and losses (excluding government grants that are closely related to the Company's normal business operations, comply with national policy regulations, are enjoyed based on specified standards, and have a continuous impact on the Company's gains or losses) | 3,941.60 | 9,598.47 |
| Except for effective hedging business related to the normal business operations of the Company, changes in gains and losses of fair value arising from trading financial assets and financial liabilities held by non-financial enterprises, as well as gains or losses from the disposal of financial assets and financial liabilities. | -20,786.58 | -41,095.85 |
| Fund possession cost included in current gains and losses charged to non-financial enterprises | 7.81 | 25.42 |
| Other non-operating revenues and expenditures except for the aforementioned items | -965.08 | -1,874.17 |
| Other gain/loss items falling within the definition of non-recurring gains or losses | 4,310.23 | 4,029.81 |
| Less: Affected amount of income tax | 2,256.83 | 5,418.03 |
| Affected amount of minority shareholders’ equity (after tax) | -13,913.54 | -17,866.76 |
| Total | -2,793.61 | -18,080.99 |
Other gain/loss items falling within the definition of non-recurring gain or loss:
□Applicable RNot applicable
There is no other gain/loss items falling within the definition of non-recurring gain or loss.Explanation of the circumstances in which the non-recurring gain and loss items listed in the Explanatory
Announcement No. 1 on Information Disclosure of Companies Publicly Issuing Securities-Non-recurringGainsand Losses are defined as recurring gains and losses.
□Applicable RNot applicable
The Company experienced no circumstances in which the non-recurring gain and loss items listed in theExplanatory Announcement No. 1 on Information Disclosure of Companies Publicly Issuing Securities-Non-recurring Gainsand Losses are defined as recurring gains and losses.(III) Changes in key accounting data and financial indicators and reasons thereofRApplicable □Not applicable
Balance sheet items
| Balance sheet items | Ending balance in the reporting period (RMB 10,000) | Ending balance of the previous year (RMB 10,000) | Variations | Reasons for change |
| Accounts receivable | 265,978.95 | 682,197.17 | -61.01% | Mainly due to changes in the Company's accounts receivable |
| Prepayments | 333,955.68 | 135,451.97 | 146.55% | Mainly due to an increase in the Company's prepayments for raw materials |
| Other receivables | 587,782.10 | 434,596.40 | 35.25% | Mainly due to an increase in the Company's tax refund receivable |
| Construction in progress | 6,051,210.07 | 4,403,613.21 | 37.41% | Mainly due to an increase in the Company's investment in projects under construction |
| Other non-current assets | 512,772.15 | 392,682.38 | 30.58% | Mainly due to an increase in the Company's prepaid land payments |
| Trading financial liabilities | 184,698.01 | 126,925.66 | 45.52% | Mainly due to an increase in the Company's silver catalyst leasing activities |
| Derivative financial liabilities | 0.00 | 3,465.54 | -100.00% | Mainly due to fluctuations in the Company's paper futures positions at the end of the period |
| Notes payable | 211,744.64 | 320,429.35 | -33.92% | Mainly due to changes in the Company's bank acceptance bills payable |
| Taxes payable | 175,348.20 | 127,786.25 | 37.22% | Mainly due to an increase in the Company's VAT payable at the end of the period |
| Other payables | 1,081,651.31 | 658,875.69 | 64.17% | Mainly due to an increase in the Company's accounts payable at the end of the period |
| Deferred income | 28,243.29 | 19,863.00 | 42.19% | Mainly due to the Company's receipt of asset-related subsidies |
| Income statement items | Beginning of year to end of reporting period (RMB 10,000) | Same period last year(RMB 10,000) | Variations | Reasons for change |
| Other income | 114,070.48 | 197,962.34 | -42.38% | Mainly due to the impact of additional value-added tax credit policy on the Company during the current period |
| Investment income | 33,637.59 | -12,782.08 | 363.16% | Mainly due to the Company’s transfer of discount expenses of notes receivable and other items to financial expenses, according to the regulation of Compilation |
of the Guidance on the Application ofAccountingStandards for BusinessEnterprises(2024)
| of the Guidance on the Application of AccountingStandards for Business Enterprises(2024) | ||||
| Gains from change in fair value | -52,807.59 | 8,237.06 | -741.10% | Mainly due to changes in the fair value of the Company's trading financial liabilities |
| Losses from credit impairment | 9,410.93 | -10,449.82 | 190.06% | Mainly due to the impact of the Company's accrual for bad debts of accounts receivable |
| Losses from asset impairment | -15,922.18 | -101.38 | -15604.68% | Mainly due to the impact of the Company's accrual of inventory write down |
| Gains from asset disposal | -7.10 | 506.87 | -101.40% | Mainly due to the impact of the Company's long-term asset disposal |
| Non-operating income | 472.15 | 800.20 | -41.00% | Mainly due to the impact of compensation income |
| Income tax expenses | 40,679.52 | 29,816.45 | 36.43% | Mainly due to the increase in profits and the corresponding increase in income tax expenses |
| Cash flow statement items | Beginning of the year to the end of the reporting period (RMB 10,000) | Same period last year (RMB 10,000) | Variations | Reasons for change |
| Net cash flow from financing activities | 952,882.36 | 2,084,882.63 | -54.30% | Mainly due to a year-on-year decrease of bank borrowings by the Company |
II. Shareholders’ Information
(I) Total number of ordinary shareholders and number of preferred shareholders with voting rightsrestored and top ten shareholders’ shareholdings
Unit：share
| Total number of ordinary shareholders at the end of the reporting period | 73,726 | Total number of preferred shareholders with restored voting rights at the end of the reporting period (if any) | 0 | |||
| Shareholding of the Top 10 Shareholders (excluding shares lent out through refinancing) | ||||||
| Name of shareholders | Nature of shareholders | Shareholding ratio | Number of shares held | Number of shares held with limited sales conditions | Pledge, marking or freezing | |
| Share status | Number | |||||
| Zhejiang Rongsheng Holding Group Co., Ltd. | Domestic non-state-owned legal entity | 55.05% | 5,499,301,781 | 0 | Inapp-licable | 0 |
| Aramco Overseas Company B.V. | Foreign legal entity | 10.14% | 1,012,552,501 | 0 | Inapp-licable | 0 |
| Li Shuirong | Domestic individual | 6.44% | 643,275,000 | 482,456,250 | Inapp-licable | 0 |
| Hong Kong Securities Clearing Company Limited | Foreign legal entity | 1.91% | 190,894,349 | 0 | Inapp-licable | 0 |
Li Guoqing
| Li Guoqing | Domestic individual | 0.97% | 96,525,000 | 72,393,750 | Inapp-licable | 0 | |||
| Xu Yuejuan | Domestic individual | 0.97% | 96,525,000 | 0 | Inapp-licable | 0 | |||
| Li Yongqing | Domestic individual | 0.97% | 96,525,000 | 72,393,750 | Inapp-licable | 0 | |||
| Horizon Asset - Huaneng Trust · Jiayue No. 7 Single Fund Trust Horizon Asset Huixin No. 43 Single Asset Management Plan | Others | 0.55% | 55,148,287 | 0 | Inapp-licable | 0 | |||
| Industrial and Commercial Bank of China Limited - Huatai Berridge CSI 300 Traded Open-End Index Fund | Others | 0.52% | 51,974,251 | 0 | Inapp-licable | 0 | |||
| Huaneng Guicheng Trust Corporation Limited - Huaneng Trust - Rongyue Weicheng Pooled Fund Trust Plan | Others | 0.50% | 50,078,500 | 0 | Inapp-licable | 0 | |||
| Shareholding of top 10 shareholders not subject to sales restrictions (excluding shares lent through refinancing and executive lock-in shares) | |||||||||
| Name of shareholders | Number of shares held with unlimited sales conditions | Class and number of shares | |||||||
| Class of shares | Number | ||||||||
| Zhejiang Rongsheng Holding Group Co., Ltd. | 5,499,301,781 | RMB ordinary shares | 5,499,301,781 | ||||||
| Aramco Overseas Company B.V. | 1,012,552,501 | RMB ordinary shares | 1,012,552,501 | ||||||
| Hong Kong Securities Clearing Company Limited | 190,894,349 | RMB ordinary shares | 190,894,349 | ||||||
| Li Shuirong | 160,818,750 | RMB ordinary shares | 160,818,750 | ||||||
| Xu Yuejuan | 96,525,000 | RMB ordinary shares | 96,525,000 | ||||||
| Horizon Asset - Huaneng Trust · Jiayue No. 7 Single Fund Trust Horizon Asset Huixin No. 43 Single Asset Management Plan | 55,148,287 | RMB ordinary shares | 55,148,287 | ||||||
| Industrial and Commercial Bank of China Limited - Huatai Berridge CSI 300 Traded Open-End Index Fund | 51,974,251 | RMB ordinary shares | 51,974,251 | ||||||
| Huaneng Guicheng Trust Corporation Limited - Huaneng Trust - Rongyue Weicheng Pooled Fund Trust Plan | 50,078,500 | RMB ordinary shares | 50,078,500 | ||||||
| Dai Deming | 48,000,000 | RMB ordinary shares | 48,000,000 | ||||||
| Ni Xincai | 47,925,000 | RMB ordinary shares | 47,925,000 | ||||||
| Explanation of the relationship or concerted action among the above shareholders | Among the top 10 shareholders, Zhejiang Rongsheng Holding Group Co., Ltd. is the controlling shareholder of the Company, Xu Yuejuan is sister-in-law of Li Shuirong, Chairman of the Board of Directors of Zhejiang Rongsheng Holding Group Co., Ltd. Ni Xincai is brother-in-law of Lishuirong, forming associated relationships. In addition to the above associated relationships, the Company has no knowledge of whether other shareholders are related to each other or act in concert. | ||||||||
| Explanation of the top 10 shareholders’ participation in securities margin trading (if any) | Zhejiang Rongsheng Holding Group Co., Ltd. held 5,459,301,781 shares through an ordinary account and 40,000,000 shares through a credit account. Dai Deming holds 2,000,000 shares through a general account and 46,000,000 shares through a credit account. | ||||||||
Note: Among the top 10 shareholders, Rongsheng Petrochemical Co., Ltd. held 417,150,112 shares in its special securities accountfor repurchase, accounting for 4.18% of the Company’s total share capital.
The lending of shares by the shareholders holding more than 5% of shares, top ten shareholders and top tenshareholders of circulating shares not subject to selling restrictions in the refinancing business
□Applicable RNot applicable
Change from the previous period due to lending/returning of shares from/to the top ten shareholders and top tenshareholders of circulating shares not subject to selling restrictions in the refinancing business
□Applicable RNot applicable
(II) The total number of shareholders of preferred shares of the Company and the shareholdings of thetop10 shareholders of preferred shares
□Applicable RNot applicable
III. Other Important Matters
□Applicable RNot applicable
IV. Quarterly Financial Statements
(I) Financial statements
1. Consolidated balance sheet
Prepared by: Rongsheng Petrochemical Co., Ltd.
Unit: RMB
Items
| Items | Ending balance | Beginning balance |
| Current assets: | ||
| Cash and cash equivalents | 22,271,350,778.28 | 14,833,384,920.45 |
| Settlement reserves | ||
| Lending funds | ||
| Financial assets held for trading | ||
| Derivative financial assets | 493,258,402.70 | 475,766,685.17 |
| Notes receivable | ||
| Accounts receivable | 2,659,789,497.73 | 6,821,971,706.36 |
| Receivables financing | 105,394,227.38 | 103,225,654.46 |
| Advance payment | 3,339,556,819.71 | 1,354,519,708.48 |
| Premiums receivable | ||
| Reinsurance receivables | ||
| Reinsurance contract reserves receivable | ||
| Other receivables | 5,877,821,020.57 | 4,345,964,007.66 |
| Of which: Interest receivable | ||
| Dividends receivable | ||
| Financial assets purchased under resale agreements |
Inventory
| Inventory | 42,000,717,189.76 | 44,566,934,616.59 |
| Of which: data resources | ||
| Contract assets | ||
| Assets held for sale | ||
| Non-current assets due within one year | ||
| Other current assets | 5,742,356,687.38 | 5,801,152,355.65 |
| Total current assets | 82,490,244,623.51 | 78,302,919,654.82 |
| Non-current assets: | ||
| Loans and advances | ||
| Debt investments | ||
| Other debt investments | ||
| Long-term receivables | ||
| Long-term equity investments | 9,679,826,709.95 | 9,516,636,321.17 |
| Other equity instrument investments | ||
| Other non-current financial assets | ||
| Investment property | 9,920,544.10 | 10,124,128.60 |
| Fixed assets | 224,935,304,648.67 | 232,497,113,015.70 |
| Construction in progress | 60,512,100,664.56 | 44,036,132,096.28 |
| Productive biological assets | ||
| Oil and gas assets | ||
| Right-of-use assets | 161,023,698.85 | 176,237,821.55 |
| Intangible assets | 8,596,963,104.71 | 8,142,781,094.80 |
| Of which: data resources | ||
| Development expenses | ||
| Of which: data resources | ||
| Goodwill | ||
| Long-term deferred expenses | ||
| Deferred tax assets | 1,405,292,196.30 | 1,237,176,277.28 |
| Other non-current assets | 5,127,721,477.86 | 3,926,823,773.78 |
| Total non-current assets | 310,428,153,045.00 | 299,543,024,529.16 |
| Total assets | 392,918,397,668.51 | 377,845,944,183.98 |
| Current liabilities: | ||
| Short-term borrowings | 50,829,147,848.50 | 44,090,969,803.23 |
| Borrowings from the central bank | ||
| Borrowings from other banks | ||
| Financial liabilities held for trading | 1,846,980,093.88 | 1,269,256,561.53 |
| Derivative financial liabilities | 34,655,378.23 | |
| Notes payable | 2,117,446,425.36 | 3,204,293,497.95 |
| Accounts payable | 58,994,671,244.30 | 59,032,829,819.11 |
| Advance receipts | ||
| Contract liabilities | 4,659,663,468.78 | 5,995,580,462.05 |
Financial assets sold under repurchase agreements
| Financial assets sold under repurchase agreements | ||
| Deposits and interbank deposits | ||
| Agency securities trading funds | ||
| Agency underwriting securities funds | ||
| Employee compensation payable | 897,142,688.75 | 996,809,278.49 |
| Taxes payable | 1,753,481,969.42 | 1,277,862,468.64 |
| Other accounts payable | 10,816,513,127.02 | 6,588,756,879.48 |
| Of which: Interest payable | ||
| Dividends payable | ||
| Handling charges and commission payable | ||
| Reinsurance payables | ||
| Liabilities held for sale | ||
| Non-current liabilities due within one year | 42,092,433,052.37 | 38,322,495,216.94 |
| Other current liabilities | 588,044,626.84 | 742,351,889.84 |
| Total current liabilities | 174,595,524,545.22 | 161,555,861,255.49 |
| Non-current liabilities:： | ||
| Reserves for insurance contracts | ||
| Long-term borrowings | 119,777,409,720.82 | 119,518,340,862.41 |
| Bonds payable | ||
| Of which: Preferred shares | ||
| Perpetual bond | ||
| Lease liabilities | 157,692,328.01 | 171,624,458.34 |
| Long-term payable | ||
| Long-term employee compensation payable | ||
| Estimated liabilities | 15,643,579.38 | |
| Deferred income | 282,432,874.00 | 198,629,966.29 |
| Deferred income tax liabilities | 1,644,828,929.78 | 1,577,357,341.78 |
| Other non-current liabilities | ||
| Total non-current liabilities | 121,878,007,431.99 | 121,465,952,628.82 |
| Total liabilities | 296,473,531,977.21 | 283,021,813,884.31 |
| Owner’s equity: | ||
| Share capital | 9,989,442,254.00 | 10,125,525,000.00 |
| Other equity instruments | ||
| Of which: Preferred shares | ||
| Perpetual bond | ||
| Capital reserve | 8,957,966,424.83 | 10,819,566,635.04 |
| Less: Treasury stock | 4,988,804,885.93 | 6,987,008,823.24 |
| Other comprehensive income | 129,110,803.06 | 280,892,216.98 |
| Special reserves | 73,640,711.06 | 19,057,187.43 |
| Surplus reserves | 1,270,743,066.03 | 1,270,743,066.03 |
| General risk provision |
Undistributed profits
| Undistributed profits | 28,261,619,700.50 | 28,330,397,005.41 |
| Total owner’s equity attributable to the parent company | 43,693,718,073.55 | 43,859,172,287.65 |
| Minority interests | 52,751,147,617.75 | 50,964,958,012.02 |
| Total owners' equity | 96,444,865,691.30 | 94,824,130,299.67 |
| Total liabilities and owners' equity | 392,918,397,668.51 | 377,845,944,183.98 |
Legal representative: Li Shuirong Person in charge of accounting work: Wang Yafang Person in charge of the accounting firm:
Zhang Shaoying
2. Consolidated statement of income from the beginning of the year to the end of the reporting period
Unit: RMB
| Item | Current amount incurred | Amount incurred in the previous period |
| I. Gross operating income | 227,814,631,415.77 | 245,196,312,192.22 |
| Of which: Operating income | 227,814,631,415.77 | 245,196,312,192.22 |
| Interest income | ||
| Premiums earned | ||
| Handling charge and commission income | ||
| II. Gross operating costs | 225,633,293,088.67 | 244,885,600,066.20 |
| Of which: Operating costs | 198,409,895,741.13 | 215,370,264,931.91 |
| Interest expense | ||
| Handling charge and commission expenses | ||
| Surrender value | ||
| Net payments for insurance claims | ||
| Net appropriation of reserves for insurance liability | ||
| Policy dividend payment | ||
| Reinsurance costs | ||
| Taxes and surcharges | 18,076,808,342.23 | 19,424,672,923.43 |
| Sales expense | 121,458,569.43 | 138,759,022.60 |
| Administrative expenses | 736,266,648.06 | 792,128,845.68 |
| R&D expenses | 3,521,999,063.95 | 3,772,813,961.10 |
| Financial expenses | 4,766,864,723.87 | 5,386,960,381.48 |
| Of which: Interest expense | 4,876,958,184.12 | 5,231,950,312.07 |
| Interest income | 312,669,346.16 | 387,056,811.27 |
| Add: Other income | 1,140,704,840.27 | 1,979,623,413.17 |
| Investment income (loss recognized with "-") | 336,375,941.52 | -127,820,753.53 |
| Of which: Income from investments in associates and joint ventures | 223,376,023.74 | 255,317,245.61 |
| Gains on derecognition of financial assets measured at amortized cost | ||
| Exchange gains (losses recognized with "-") | ||
| Net exposure to hedging gains (losses recognized with "-") | ||
| Gains (losses recognized with "-") on change in fair value | -528,075,920.26 | 82,370,581.01 |
Loss on credit impairment (losses recognized with "-")
| Loss on credit impairment (losses recognized with "-") | 94,109,252.02 | -104,498,154.44 |
| Loss on assets impairment (losses recognized with "-") | -159,221,794.59 | -1,013,849.48 |
| Gains (losses recognized with "-") on disposal of assets | -71,005.85 | 5,068,742.88 |
| III. Operating profit (losses recognized with "-") | 3,065,159,640.21 | 2,144,442,105.63 |
| Add: Non-operating income | 4,721,492.26 | 8,002,004.37 |
| Less: Non-operating expenses | 35,525,246.33 | 50,190,268.80 |
| IV. Total profit (total losses recognized with "-") | 3,034,355,886.14 | 2,102,253,841.20 |
| Less: Income tax expense | 406,795,223.53 | 298,164,471.89 |
| V. Net profit (net loss recognized with "-") | 2,627,560,662.61 | 1,804,089,369.31 |
| (i) by business continuity | ||
| 1. Net profit from continuing operations (net loss recognized with "-") | 2,627,560,662.61 | 1,804,089,369.31 |
| 2. Net profit from discontinued operations (net loss recognized with "-") | ||
| (ii) by ownership | ||
| 1. Net profit attributable to shareholders of the parent company (net losses recognized with "-") | 888,451,909.29 | 876,677,020.82 |
| 2. Minority shareholders' gains and losses (net losses recognized with "-") | 1,739,108,753.32 | 927,412,348.49 |
| VI. Other comprehensive income after tax | -158,576,844.95 | -25,003,927.66 |
| Other comprehensive income attributable to owners of the parent company after tax | -151,781,413.92 | -8,611,942.75 |
| (i) Other comprehensive income which cannot be reclassified to gains and losses | -590,642.24 | |
| 1. Remeasurement of changes in defined benefit plans | ||
| 2. Other comprehensive income that cannot be transferred to gains or losses under the equity method | ||
| 3. Changes in fair value of investments in other equity instruments | ||
| 4. Changes in fair value of the Company's own credit risk | ||
| 5. Other | -590,642.24 | |
| (ii) Other comprehensive income to be reclassified to gains or losses | -151,781,413.92 | -8,021,300.51 |
| 1. Other comprehensive income available for transfer to gains or losses under the equity method | -117,455,229.83 | 31,264,062.93 |
| 2. Changes in fair value of other creditors investments | ||
| 3. Amount of financial assets reclassified into other comprehensive income | ||
| 4. Provision for credit impairment of other debt investments | ||
| 5. Cash flow hedge reserve | ||
| 6. Difference in translation of foreign currency financial statements | -34,326,184.09 | -39,285,363.44 |
| 7. Other | ||
| Other comprehensive income attributable to minority shareholders after tax | -6,795,431.03 | -16,391,984.91 |
| VII. Total comprehensive income | 2,468,983,817.66 | 1,779,085,441.65 |
(i) Total comprehensive income attributable to owners of theparent company
| (i) Total comprehensive income attributable to owners of the parent company | 736,670,495.37 | 868,065,078.07 |
| (ii) Total comprehensive income attributable to minority shareholders | 1,732,313,322.29 | 911,020,363.58 |
| VIII. Earnings per share: | ||
| (i) Basic earnings per share | 0.09 | 0.09 |
| (ii) Diluted earnings per share | 0.09 | 0.09 |
Legal representative: Li Shuirong Person in charge of accounting work: Wang Yafang Person in charge of the accounting firm:
Zhang Shaoying
3. Consolidated cash flow statement from the beginning of the year to the end of the reporting period
Unit: RMB
| Item | Current amount incurred | Amount incurred in the previous period |
| I. Cash flows from operating activities: | ||
| Cash received from sales of goods and services | 256,080,407,861.85 | 275,403,353,930.66 |
| Net increase in deposits from customers and other banks | ||
| Net increase in borrowing from central banks | ||
| Net increase in loans from other financial institutions | ||
| Cash received from receiving insurance premiums of original insurance contracts | ||
| Net cash received from reinsurance business | ||
| Net increase in deposits and investment of the insured | ||
| Cash received from interest, handling charges and commissions | ||
| Net increase in borrowing funds | ||
| Net increase in repurchase business capital | ||
| Net cash received from securities trading agency | ||
| Refunds of taxes and levies | 3,481,383,150.11 | 5,027,967,123.04 |
| Cash received relating to other operating activities | 3,240,445,239.89 | 3,289,326,469.98 |
| Subtotal of cash inflows for operating activities | 262,802,236,251.85 | 283,720,647,523.68 |
| Cash paid for goods purchased and services received | 213,931,539,755.26 | 241,595,326,477.71 |
| Net increase in customers loans and advances | ||
| Net increase in deposits with the central bank and other banks | ||
| Cash paid for claims under original insurance contracts | ||
| Net increase in lending funds | ||
| Cash paid for interests, handling charges and commissions | ||
| Cash paid for policy dividends | ||
| Cash paid to and on behalf of employees | 2,914,678,568.27 | 3,028,083,821.05 |
| Payments of all types of taxes | 20,257,608,260.93 | 17,474,462,782.72 |
| Cash paid relating to other operating activities | 2,051,524,676.08 | 1,906,313,297.90 |
| Subtotal of cash outflows from operating activities | 239,155,351,260.54 | 264,004,186,379.38 |
| Net cash flow from operating activities | 23,646,884,991.31 | 19,716,461,144.30 |
II. Cash flows from investing activities:
| II. Cash flows from investing activities: | ||
| Cash received from investment recovery | 2,458,873,338.98 | 2,117,925,440.32 |
| Cash received from the return on investment | 48,654,510.65 | 13,228,639.60 |
| Net cash received from the disposal of fixed assets, intangible assets and other long-term assets | 3,653,231.97 | 259,399,359.92 |
| Net cash received from the disposal of subsidiaries and other business units | ||
| Cash received relating to other investing activities | 45,808,000.11 | 59,442,128.95 |
| Subtotal of cash inflows from investing activities | 2,556,989,081.71 | 2,449,995,568.79 |
| Cash paid for purchase and construction of fixed assets, intangible assets and other long-term assets | 24,188,267,957.57 | 24,471,599,974.54 |
| Cash paid for investments | 2,896,603,472.09 | 1,811,183,298.84 |
| Net increase in pledge loans | ||
| Net cash paid for acquisition of subsidiaries and other business units | ||
| Cash paid relating to other investing activities | 51,538,878.04 | 78,973,342.66 |
| Subtotal of cash outflows from investing activities | 27,136,410,307.70 | 26,361,756,616.04 |
| Net cash flow from investment activities | -24,579,421,225.99 | -23,911,761,047.25 |
| III. Cash flow from financing activities: | ||
| Cash received from attracted investment | 228,000,000.00 | |
| Of which: cash received by subsidiaries from investments of minority shareholders | 228,000,000.00 | |
| Cash received from borrowings | 106,087,834,844.59 | 100,091,778,736.68 |
| Cash received relating to other financing activities | 7,123,364,422.71 | 33,099,227,104.29 |
| Subtotal of cash inflows from financing activities | 113,211,199,267.30 | 133,419,005,840.97 |
| Cash paid for repayment of debts | 95,265,003,738.35 | 98,277,461,250.13 |
| Cash paid for distribution of dividends and profits or payment of interests | 6,553,425,569.91 | 7,102,693,648.85 |
| Of which: dividends or profits paid by subsidiaries to minority shareholders | 228,000,000.00 | |
| Cash paid relating to other financing activities | 1,863,946,378.47 | 7,190,024,667.49 |
| Subtotal of cash outflows from financing activities | 103,682,375,686.73 | 112,570,179,566.47 |
| Net cash flow from financing activities | 9,528,823,580.57 | 20,848,826,274.50 |
| IV. Effect of change in exchange rate on cash and cash equivalents | 5,501,733.27 | -245,375,624.97 |
| V. Net increase in cash and cash equivalents | 8,601,789,079.16 | 16,408,150,746.58 |
| Add: opening balance of cash and cash equivalents | 12,943,832,335.45 | 11,486,855,097.52 |
| VI. Ending balance of cash and cash equivalents | 21,545,621,414.61 | 27,895,005,844.10 |
(II) Financial statements related to adjustments to items at the beginning of the year of first-timeimplementation of new accounting standards from 2025 onwards
□Applicable RNot applicable
(III) Audit report
Whether the First Quarterly Report has been audited
□Yes RNo
The Third Quarterly Report of the Company has not been audited.
Board of Directors of Rongsheng Petrochemical Co., Ltd.
October 28, 2025