*ST东海B:2021年第三季度报告(英文版)

      海南大东海旅游中心股份有限公司                                                                      2021 年第三季度报告

Stock Code: 000613, 200613                                                                                 Notice No.: 2021 -064
Short Form of the Stock: *ST Dadonghai -A, *ST Dadonghai -B


                 Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd.
                                   The Third Quarterly Report for 2021
 The Company and whole members of the BOD guarantee that the information disclosed is true,
 accurate and complete, and there are no any fictitious records, misleading statements or
 important omissions.
Important content reminder:
1. Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Hainan
Dadonghai Tourism Centre (Holdings) Co., Ltd. (hereinafter referred to as the Company) hereby confirm that
there are no any fictitious statements, misleading statements, or important omissions carried in this report, and
shall take all responsibilities, individual and/or joint, for the reality, accuracy and completion of the whole
contents.
2. Principal of the Company, Person in Charge of Accounting Works and Person in Charge of Accounting Organ
(Accounting Officer) hereby confirm that the Financial Report of the Third Quarterly Report is authentic, accurate
and complete.
3. Whether the Third Quarterly Report has been audited or not

□Yes √No

I. Main financial data

(i) Main accounting data and financial indexes

Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √No
                                                                                                                   Increase/decrease
                                                                          Increase/decrease
                                                                                                                  from year-begin to
                                                                            in the period
                                                                                                  Year-begin to       period-end
                                                         Current period   compared with the
                                                                                                   period-end     compared with the
                                                                          same period of the
                                                                                                                  same period of the
                                                                            previous year
                                                                                                                     previous year
 Operating income (Yuan)                                   9,077,866.36             168.75%       28,157,645.77            236.82%

 Net profit attributable to shareholders of the listed
                                                           1,336,730.73             163.97%        2,789,646.65            131.99%
 company (Yuan)

 Net profit attributable to shareholders of the listed
 company after deducting non-recurring gains and           1,222,888.96             147.76%        2,439,449.84            126.78%
 losses (Yuan)

 Net cash flow arising from operating activities
                                                                  ——                     ——   14,618,902.04            305.79%
 (Yuan)

 Basic earnings per share (Yuan /Share)                          0.0037             163.97%              0.0077            131.99%



                                                                  1
      海南大东海旅游中心股份有限公司                                                                              2021 年第三季度报告
 Diluted earnings per share (Yuan /Share)                          0.0037              163.97%                0.0077                   131.99%

 Weighted average ROE                                               1.94%                   4.89%                4.08%                  15.85%

                                                                                                       Increase/decrease at the period-end
                                                          End of current       End of previous
                                                                                                           compared with the end of the
                                                               period                year
                                                                                                                    previous year

 Total assets (Yuan)                                       90,387,644.30          97,441,339.20                                         -7.24%

 Net assets attributable to shareholder of listed
                                                           69,708,361.64          66,918,714.99                                          4.17%
 company (Yuan)


(ii) Items and amounts of non-recurring profit (gains)/losses


√ Applicable   □ Not applicable
                                                                                                                                    Unit: Yuan
                                                                                                 Amount from
                                                                                Amount for       year-begin to               Note
                                      Item
                                                                                the period
                                                                                                    period-end

 Gains/losses from the disposal of non-current asset (including the
                                                                                                                     Fixed asset
                                                                                    -475.20                -75.20
 write-off that accrued for impairment of assets)                                                                    retirement loss

 Government subsidy recorded in current gains/losses (except those
 closely related to the Company’s normal operation, and those
                                                                                                                     Income related to
                                                                                114,316.97           347,755.21
 continuously enjoyed on a fixed or quantitative basis with certain                                                  VAT input tax credit
 standards in accordance with national policy regulations)
 Other non-operating income and expenses other than the above                                            2,516.80    Other income
 Total                                                                           113,841.77          350,196.81                --
Other gain/loss items that qualified the definition of non-recurring profit (gains)/losses:
□ Applicable    √ Not applicable
The Company does not have other gain/loss items that qualified the definition of non-recurring profit (gains)/losses
Explanation on those non-recurring gain/loss liste d in the “Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss” defined as recurring gain/loss
□ Applicable    √ Not applicable
The Company does not have the non-recurring gain/loss listed in the “Q&A Announcement No.1 on Information Disclosure for
Companies Offering Their Securities to the Public --- Extraordinary Profit/loss” defined as recurring gain/loss


(iii) Particulars about changes in items of main accounting data and financial index and explanations of
reasons

√ Applicable □Not applicable
                                                          Items of balance sheets
                    End of the         Amount at
      Item                                             Changes                                        Reasons
                       Period          year-begin
Money funds            6,850,496.15     2,924,459.75       134.25% Mainly because the operating income increase significantly in the
                                                                    period, the cash inflow increased at a higher rate than the cash




                                                                    2
       海南大东海旅游中心股份有限公司                                                                               2021 年第三季度报告
                                                                       outflows.

Accounts                296,199.78       429,303.32         -31.00% Recovery of account receivable increased in the period.
receivable
Inventory               242,244.64     2,009,928.83         -87.95% Mainly due to the sales of stock liquor
Contract              1,399,347.51       626,285.33        123.44% Customer advances increased in the period.
liabilities
Other payable         2,921,424.56     6,167,763.36         -52.63% Mainly due to the engineering payable are paid in the period.
Non-current              11,508.18     6,621,497.94         -99.83% Mainly due to the early repayment of loans principal and payment of
liabilities due                                                        loans interests in the period.
within one year
Other current            83,960.85        37,577.12        123.44% Customer advances increased in the period.
liabilities

                                                          Items of profit statement
                                     Same period of
       Item         The Period                           Changes                                         Reasons
                                        last year
Operating           28,157,645.77      8,359,741.34        236.82% Mainly because the tourism market recovered after the epidemic,
income
                                                                       operation increased significantly compared with the same period of
                                                                       the previous year. And sales of the stock liquor and moon cake
                                                                       processing & sales in Autumn Festival.

Operating cost      14,907,676.61      7,936,765.65         87.83% Mainly because the food and liquor sales costs and moon cake costs
                                                                       increased in the period.
                        489,058.43       366,569.74         33.41% Mainly because at same period of the previous year, the tax and
Taxes and
surcharge                                                              surcharge expenses declined for the government tax breaks.
Financial               348,152.43       196,341.55         77.32% Mainly because at same period of the previous year, there was no
expenses                                                               interest expenses on loans from January to April.
Non-operating             3,739.40       288,793.98         -98.71% Mainly due to the income from lawsuit enforcement payments in the
income                                                                 same period of last year
Non-operating             1,297.80       349,129.52         -99.63% Mainly due to the contractual indemnification expenses incurred in
expenses                                                               the same period of last year.


II. Shareholders Information

(i) Total number of common shareholders and preference shareholders with voting rights recovered and
top ten common shareholders

                                                                                                                                     Unit: Share
 Total common shareholders at                                      Total preference shareholders with voting
                                        28,545                                                                                                     0
 the end of report period                                          rights recovered at end of reporting period
                                                             Top ten shareholders
                                                              Proportio                                                 Information of shares
                                                                                                  Amount of
                                            Nature of           n of          Amount of                               pledged, tagged or frozen
          Shareholder’s name                                                                     restricted
                                           shareholder         shares        shares held
                                                                                                  shares held       State of share      Amount
                                                                held

 Luoniushan Co., Ltd.                   Domestic                17.55%        63,885,980                        0
                                        non-state-owned



                                                                       3
      海南大东海旅游中心股份有限公司                                                                         2021 年第三季度报告
                                         legal person
                                         Domestic nature
 Yang Meiqin                                                     4.47%      16,279,028                  0
                                         person
                                         Domestic nature
 Pan Anjie                                                       4.01%      14,593,598                  0
                                         person
                                         Domestic
 Hainan Ya An Ju Property
                                         non-state-owned         2.25%       8,205,800                  0
 Service Co., Ltd.
                                         legal person
                                         Domestic nature
 Chen Jinlian                                                    2.13%       7,766,400                  0
                                         person
                                         Domestic nature
 Pan Aiping                                                      1.13%       4,110,738                  0
                                         person
                                         Domestic
 Lhasa Xingqing Network
                                         non-state-owned         1.03%       3,760,000                  0
 Technology Co., Ltd.
                                         legal person
                                         Domestic nature
 Hu Jing                                                         0.97%       3,523,600                  0
                                         person
                                         Domestic nature
 Zhang Xiaoyi                                                    0.92%       3,358,171                  0
                                         person
                                         Domestic nature
 Lu Zhangfu                                                      0.86%       3,130,000                  0
                                         person
                                              Top ten shareholders with unrestricted shares held
                                                                                                            Type of shares
               Shareholder’s name                  Amount of unrestricted shares held
                                                                                                    Type                     Amount
 Luoniushan Co., Ltd.                                                       63,885,980    RMB common share                      63,885,980
                                                                                          Domestically listed
 Yang Meiqin                                                                16,279,028                                          16,279,028
                                                                                          foreign share
                                                                                          Domestically listed
 Pan Anjie                                                                  14,593,598                                          14,593,598
                                                                                          foreign share
 Hainan Ya An Ju Property Service Co., Ltd.                                  8,205,800    RMB common share                       8,205,800
                                                                                          Domestically listed
 Chen Jinlian                                                                7,766,400                                           7,766,400
                                                                                          foreign share
                                                                                          Domestically listed
 Pan Aiping                                                                  4,110,738                                           4,110,738
                                                                                          foreign share
 Lhasa Xingqing Network Technology Co.,
                                                                             3,760,000    RMB common share                       3,760,000
 Ltd.
 Hu Jing                                                                     3,523,600    RMB common share                       3,523,600
 Zhang Xiaoyi                                                                3,358,171    RMB common share                       3,358,171
 Lu Zhangfu                                                               3,130,000 RMB common share                       3,130,000
                                                    Among the above mentioned shareholders,Hainan Ya An Ju Property Service Co., Ltd.
                                                    is the wholly-owned subsidiary of Luoniushan Co., Ltd.; Yang Meiqin, Pan Anjie,
 Explanation     on   associated     relationship   Chen Jinlian and Pan Aiping are the persons acting in concert; the Company is
 among the aforesaid shareholders                   unknown whether there exists associated relationship or belongs to the consistent actor
                                                    regulated by the Management Measure of Information Disclosure on Change of
                                                    Shareholding for Listed Company among the other shareholders.

 Explanation on top 10 common
                                                    N/A
 shareholders involving margin business


(ii) Total shareholders with preferred stock held and shares held by top ten shareholders with preferred
stock held

□ Applicable √ Not applicable



                                                                     4
      海南大东海旅游中心股份有限公司                                                                       2021 年第三季度报告
III. Other significant events

√Applicable   □ Not applicable
1. The Lawyer’s Letter received from Sanya Power Bureau: by preliminary accounting from Sanya Power Bureau, the 10,313,373
Kwh electricity was understated under the name of South China Hotel from July 2006 to April 2016. The Company is communicated
and negotiates with Sanya Power Bureau in the above mentioned event without negotiation results so far.
2. On April 27, 2021, due to the planning of issuing shares to purchase assets, the company's shares was suspended since the open ing
of the market and resumed trading on May 14, 2021. On May 13, 2021, the sixth interim meeting of the ninth board of directors of
the company deliberated and passed the proposals related to the transaction such as the Proposal on the Plan of Issuing Share s and
Paying Cash to Purchase Assets and Raise Supporting Funds and Related Transactions and Its Summary. n view of the impact of
recent market environment and industry regulatory policy adjustments, on July 29, 2021, the company held the second interim
meeting of the tenth board of directors and the second interim meeting of the tenth board of supervisors, which deliberated a nd
passed the Proposal on the Termination of the Material Asset Reorganization. After careful study, the board of directors of the
company decided to terminate the material asset reorganization. For details, please refer to the "Announcement on the Termina tion of
Material Asset Reorganization Matters" (Announcement No.: 2021-057) disclosed by the company on July 30, 2021. Moreover,
approved by the deliberate in second extraordinary shareholders meeting of 2021 held dated 16 August 2021, for details, pleas e refer
to the “Resolution of Second Extraordinary Shareholders Meeting of 2021” (Notice No.: 2021-060) disclosed by the company on
August 17, 2021.
3. Hainan Dadonghai Tourism Centre Group Co., Ltd. borrowed 2.76 million yuan and 4.55 million yuan from Hainan Da donghai
Tourism Centre (Holdings) Co., Ltd. on October 16, 1996 and December 26, 1996 respectively. And the company filed a lawsuit in
court for the 7.31 million yuan outstanding, which is not returned yet. The Company submitted a civil complaint and related
materials to Hainan Sanya Suburban People’s Court (hereinafter referred to as Court). The court of first instance ruled against the
company’s claim, and the company filed an appeal. The court of second instance ruled to revoke the judgment of first instance,
supporting the company’s claim. The company has applied for court enforcement, which is still pending.
4. The company's stock trading has been subject to delisting risk warnings from April 27, 2021. If one of the circumstances s tipulated
in Article 14.3.11 of the Rules Governing the Stock Listing on Shenzhen Stock Exchange (Revised in 2020) occurs in 2021, the
company's stock will be terminated from trading by the SSE.


IV. Quarterly financial statements

(i) Financial statement

1. Consolidate balance sheet


Prepared by Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd.
                                                    September 30, 2021
                                                                                                                            Unit: Yuan
                                    Item                                      September 30, 2021             December 31, 2020
 Current assets:
      Monetary fund                                                                       6,850,496.15                 2,924,459.75
      Settlement provisions
      Capital lent
      Trading financial assets
      Derivative financial assets
      Note receivable
      Account receivable                                                                    296,199.78                   429,303.32



                                                                  5
     海南大东海旅游中心股份有限公司                                   2021 年第三季度报告
     Receivable financing
     Accounts paid in advance
     Insurance receivable
     Reinsurance receivables
     Contract reserve of reinsurance receivable
     Other account receivable                           430,434.11               432,560.55
        Including: Interest receivable
                    Dividend receivable
     Buying back the sale of financial assets
     Inventories                                        242,244.64             2,009,928.83
     Contractual assets
     Assets held for sale
     Non-current asset due within one year
     Other current assets                              3,197,091.03            3,977,452.24
Total current assets                                  11,016,465.71            9,773,704.69
Non-current assets:
     Loans and payments on behalf
     Debt investment
     Other debt investment
     Long-term account receivable
     Long-term equity investment
     Investment in other equity instrument
     Other non-current financial assets
     Investment real estate                            7,079,540.64            7,435,433.31
     Fixed assets                                     32,187,968.87           34,694,023.75
     Construction in progress
     Productive biological asset
     Oil and gas asset
     Right-of-use assets
     Intangible assets                                19,971,184.35           20,580,474.72
     Expense on Research and Development
     Goodwill
     Long-term expenses to be apportioned             20,132,484.73           24,957,702.73
     Deferred income tax asset
     Other non-current asset
Total non-current asset                               79,371,178.59           87,667,634.51
Total assets                                          90,387,644.30           97,441,339.20
Current liabilities:
     Short-term loans
     Loan from central bank
     Capital borrowed
     Trading financial liability
     Derivative financial liability
     Note payable
     Account payable                                    756,405.22               808,710.46
     Accounts received in advance




                                                  6
     海南大东海旅游中心股份有限公司                                           2021 年第三季度报告
     Contractual liability                                     1,399,347.51              626,285.33
     Selling financial asset of repurchase
     Absorbing deposit and interbank deposit
     Security trading of agency
     Security sales of agency
     Wage payable                                              1,845,924.34             2,595,861.40
     Taxes payable                                              362,676.36               366,892.96
     Other account payable                                     2,921,424.56             6,167,763.36
        Including: Interest payable
                     Dividend payable
     Commission charge and commission payable
     Reinsurance payable
     Liability held for sale
     Non-current liabilities due within one year                  11,508.18             6,621,497.94
     Other current liabilities                                   83,960.85                37,577.12
Total current liabilities                                      7,381,247.02           17,224,588.57
Non-current liabilities:
     Insurance contract reserve
     Long-term loans                                           9,893,757.94             9,893,757.94
     Bonds payable
        Including: Preferred stock
                     Perpetual capital securities
     Lease liability
     Long-term account payable
     Long-term wages payable
     Accrual liability                                         1,489,685.04             1,489,685.04
     Deferred income
     Deferred income tax liabilities
     Other non-current liabilities                             1,914,592.66             1,914,592.66
Total non-current liabilities                                13,298,035.64            13,298,035.64
Total liabilities                                            20,679,282.66            30,522,624.21
Owner’s equity:
     Share capital                                          364,100,000.00           364,100,000.00
     Other equity instrument
        Including: Preferred stock
                     Perpetual capital securities
     Capital public reserve                                  54,142,850.01            54,142,850.01
     Less: Inventory shares
     Other comprehensive income
     Reasonable reserve
     Surplus public reserve
     Provision of general risk
     Retained profit                                        -348,534,488.37          -351,324,135.02
Total owner’ s equity attributable to parent company        69,708,361.64            66,918,714.99
     Minority interests
Total owner’ s equity                                       69,708,361.64            66,918,714.99




                                                        7
      海南大东海旅游中心股份有限公司                                                                2021 年第三季度报告
 Total liabilities and owner’ s equity                                             90,387,644.30            97,441,339.20


Legal Representative: Yuan Xiaoping

Accounting Principal: Fu Zongren

Accounting Firm’s Principal: Fu Zongren


2. Consolidated Profit Statement (from the year-begin to the period-end)

                                                                                                                  Unit: Yuan
                                    Item                                     Current period              Last period
 I. Total operating income                                                          28,157,645.77             8,359,741.34
      Including: Operating income                                                   28,157,645.77             8,359,741.34
              Interest income
              Insurance gained
              Commission charge and commission income
 II. Total operating cost                                                           25,718,195.93            17,468,206.35
      Including: Operating cost                                                     14,907,676.61             7,936,765.65
              Interest expense
              Commission charge and commission expense
              Cash surrender value
              Net amount of expense of compensation
              Net amount of withdrawal of insurance contract reserve
              Bonus expense of guarantee slip
              Reinsurance expense
              Tax and extras                                                           489,058.43               366,569.74
              Sales expense                                                          3,974,536.51             3,154,354.30
              Administrative expense                                                 5,998,771.95             5,814,175.11
              R&D expense
              Financial expense                                                        348,152.43               196,341.55
                 Including: Interest expenses                                          324,351.80               330,284.07
                              Interest income                                           20,959.51               152,318.68
      Add: other income                                                                347,755.21               447,847.72
            Investment income (Loss is listed with “-”)
           Including: Investment income on affiliated company and
 joint venture
               The termination of income recognition for financial
 assets measured by amortized cost (Loss is listed with “-”)
            Exchange income (Loss is listed with “-”)
            Net exposure hedging income (Loss is listed with “-”)
            Income from change of fair value (Loss is listed with “-”)
            Loss of credit impairment (Loss is listed with “-”)
            Losses of devaluation of asset (Loss is listed with “-”)
            Income from assets disposal (Loss is listed with “-”)
 III. Operating profit (Loss is listed with “-”)                                   2,787,205.05            -8,660,617.29
      Add: Non-operating income                                                          3,739.40               288,793.98
      Less: Non-operating expense                                                        1,297.80               349,129.52




                                                                         8
      海南大东海旅游中心股份有限公司                                                                    2021 年第三季度报告
 IV. Total profit (Loss is listed with “-”)                                          2,789,646.65                -8,720,952.83
      Less: Income tax expense
 V. Net profit (Net loss is listed with “-”)                                         2,789,646.65                -8,720,952.83
   (i) Classify by business continuity
      1.continuous operating net profit (net loss listed with ‘-”)                   2,789,646.65                -8,720,952.83
      2.termination of net profit (net loss listed with ‘-”)
   (ii) Classify by ownership
      1.Net profit attributable to owner’s of parent company                          2,789,646.65                -8,720,952.83
      2.Minority shareholders’ gains and losses
 VI. Net after-tax of other comprehensive income
   Net after-tax of other comprehensive income attributable to
 owners of parent company
      (i) Other comprehensive income items which will not be
 reclassified subsequently to profit of loss
               1.Changes of the defined benefit plans that re-measured
              2.Other comprehensive income under equity method
 that cannot be transfer to gain/loss
               3.Change of fair value of investment in other equity
 instrument
               4.Fair value change of enterprise's credit risk
               5. Other
        (ii) Other comprehensive income items which will be
 reclassified subsequently to profit or loss
              1.Other comprehensive income under equity method
 that can transfer to gain/loss
               2.Change of fair value of other debt investment
            3.Amount of financial assets re-classify to other
 comprehensive income
               4.Credit impairment provision for other debt investment
               5.Cash flow hedging reserve
              6.Translation differences arising on translation of
 foreign currency financial statements
               7.Other
   Net after-tax of other comprehensive income attributable to
 minority shareholders
 VII. Total comprehensive income                                                       2,789,646.65                -8,720,952.83
    Total comprehensive income attributable to owners of parent
                                                                                       2,789,646.65                -8,720,952.83
 Company
      Total comprehensive income attributable to minority
 shareholders
 VIII. Earnings per share:
      (i) Basic earnings per share                                                           0.0077                      -0.0240
      (ii) Diluted earnings per share                                                        0.0077                      -0.0240


Enterprise combine under the same control in the Period, the combined party realized net profit of -338.28 Yuan before combination,
and realized -424.77 Yuan at last period for combined party

Legal Representative: Yuan Xiaoping

Accounting Principal: Fu Zongren




                                                                       9
     海南大东海旅游中心股份有限公司                                                                 2021 年第三季度报告
Accounting Firm’s Principal: Fu Zongren


3. Consolidated Cash Flow Statement (from the year-begin to the period-end)

                                                                                                                  Unit: Yuan
                                     Item                                 Current period                 Last period
 I. Cash flows arising from operating activities:
      Cash received from selling commodities and providing labor
                                                                                 31,660,212.01                8,132,752.59
 services
      Net increase of customer deposit and interbank deposit
       Net increase of loan from central bank
      Net increase of capital borrowed from other financial institution
      Cash received from original insurance contract fee
      Net cash received from reinsurance business
      Net increase of insured savings and investment
    Cash received from interest, commission charge and
 commission
      Net increase of capital borrowed
      Net increase of returned business capital
      Net cash received by agents in sale and purchase of securities
      Write-back of tax received                                                           568.93
      Other cash received concerning operating activities                         1,143,674.49                  848,378.45
 Subtotal of cash inflow arising from operating activities                       32,804,455.43                8,981,131.04
      Cash paid for purchasing commodities and receiving labor
                                                                                  6,508,856.35                5,395,012.96
 service
      Net increase of customer loans and advances
      Net increase of deposits in central bank and interbank
      Cash paid for original insurance contract compensation
      Net increase of capital lent
      Cash paid for interest, commission charge and commission
      Cash paid for bonus of guarantee slip
      Cash paid to/for staff and workers                                          8,787,950.94                7,750,330.72
      Taxes paid                                                                    739,704.64                  528,352.72
      Other cash paid concerning operating activities                             2,149,041.46                2,411,236.10
 Subtotal of cash outflow arising from operating activities                      18,185,553.39               16,084,932.50
 Net cash flows arising from operating activities                                14,618,902.04               -7,103,801.46
 II. Cash flows arising from investing activities:
      Cash received from recovering investment
      Cash received from investment income
      Net cash received from disposal of fixed, intangible and other
                                                                                           400.00                      300.00
 long-term assets
      Net cash received from disposal of subsidiaries and other units
      Other cash received concerning investing activities
 Subtotal of cash inflow from investing activities                                         400.00                      300.00
      Cash paid for purchasing fixed, intangible and other long-term
                                                                                  3,595,276.67               13,498,485.32
 assets
      Cash paid for investment
      Net increase of mortgaged loans
      Net cash received from subsidiaries and other units obtained



                                                                  10
      海南大东海旅游中心股份有限公司                                                                       2021 年第三季度报告
      Other cash paid concerning investing activities
 Subtotal of cash outflow from investing activities                                       3,595,276.67                13,498,485.32
 Net cash flows arising from investing activities                                        -3,594,876.67               -13,498,185.32
 III. Cash flows arising from financing activities
      Cash received from absorbing investment
       Including: Cash received from absorbing minority
 shareholders’ investment by subsidiaries
      Cash received from loans                                                                                        19,791,474.22
      Other cash received concerning financing activities
 Subtotal of cash inflow from financing activities                                                                    19,791,474.22
      Cash paid for settling debts                                                        6,598,477.52
      Cash paid for dividend and profit distributing or interest paying                     499,511.45                   305,421.03
      Including: Dividend and profit of minority shareholder paid by
 subsidiaries
      Other cash paid concerning financing activities
 Subtotal of cash outflow from financing activities                                       7,097,988.97                   305,421.03
 Net cash flows arising from financing activities                                        -7,097,988.97                19,486,053.19
 IV. Influence on cash and cash equivalents due to fluctuation in
 exchange rate
 V. Net increase of cash and cash equivalents                                             3,926,036.40                -1,115,933.59
      Add: Balance of cash and cash equivalents at the period-begin                       2,924,459.75                 7,422,939.89
 VI. Balance of cash and cash equivalents at the period-end                               6,850,496.15                 6,307,006.30


(ii) Explanation on financial statement adjustment

1. Financial statement adjustment at the beginning of the first year when implementation of new leasing
standards from 2021

√ Applicable □Not applicable

Whether to adjust the balance sheet account at the beginning of the year
□Yes √No
Explain why it is not necessary to adjust the balance sheet accounts at the beginning of the year
It is the first time to implement the new leasing standard, and relevant leasing business of the Company does not involve related
items of financial statements at beginning of the year.


2. Retrospective adjustment of the comparative data for initial implementation of new leasing standards
from 2021

□ Applicable √ Not applicable


(iii) Audit report

Whether the 3rd quarterly report has been audited or not
□Yes √ No
The 3rd quarterly report of the Company has not been audited.

                                                                                         Board of Directors of
                                                                    Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd.

                                                                                           October 21, 2021



                                                                    11

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