Smarter Energy Profit 257 million in the First 3 Quarters and Boost Several Cases of Investment and M&A

Smarter Energy (600869) issued the report of the third quarter of 2015 on the evening of the 30^th; the Company achieved the operation revenue of 8.334 billion Yuan in the first three quarters, which rose by 4.27% by year-on-year growth; the net profit of 257 million Yuan was achieved, growing by 37.04% by year-on-year growth. The net amount of cash flow of operation is 338 million Yuan, growing by 26.88% by year-on-year growth; the total amount of accumulated remuneration of the employees increased by 5.2% by year-on-year growth and the personal average monthly salary and personal average daily salary increased by 12.2% and 11.8% by year-on-year growth respectively, of which the performance of Far East Trading Pay Network Co., Ltd. under the Company is outstanding; the net profit of the first three quarters is 36.9833 million Yuan, growing dramatically by 88.44% by year-on-year growth.

During the period of report, the investment of series of Smarter Energy has drawn wide attention from the market. The data has shown that after merging in 2014, by which Shanghai Intelligence Power and Beijing SEMEUREKA Electrics Co., Ltd  succeeded in getting involved in distribution type electricity generation end and distribution field respectively; in 2015, Smarter Energy, by purchasing Jiangsu Kaouearn Electrical Apparatus Co., Ltd, managed to enter the field of set electricity power equipment to enhance the structure of distribution end; in addition, the Company succeeded in getting involved in the production line of new-energy automobile by purchasing the First New Energy with 1.2 billion Yuan; at present, the item has been approved by CSRC; during this period, Smarter Energy also established the cloud platform of traffic by investing Beijing Traffic Data Co., Ltd to obtain the data of traffic; in addition, by investing Tianjin Zhongxiang Tenghang Science Co., Ltd, the unmanned plane products and technology of that company has been applied to the field of power patrol inspection, fault monitoring, data collection, etc., to enhance the business strategy of Smarter Energy in terms of operation monitoring and end energy efficiency control.

The Company expressed that with the effective implementation of strategic transformation, the profitability covering the service of the whole industry line including “planning and design - product supply - construction and installation - operation and maintenance monitoring - energy efficiency management - general construction” has been formed and the internet platform for energy has been established; in the future, the strategy of internal growth + external development will be insisted on to search for opportunities in field of “electricity power, energy storage, electricity transmission, electricity distribution, electricity sale, energy efficiency management of end users, energy saving cloud platform” to set up a complete energy internet closed ring.