Half-year Report

CHINA CDM EXCHANGE CENTRE LIMITED
INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2016

Statement of the Board

China CDM Exchange Centre Limited ("the Company") presents its interim results for the six months ended 30 June 2016.

Since the end of 2015, the Clean Development Mechanism (“CDM”) Market has started to achieve good momentum. In the first half of 2016, the trading volume maintained an upward trend and more activity from the USA in CDM market was a positive signal for the whole carbon market. Due to the strong support to the China Certified Emissions Reductions  Market, the Company achieved a stable income from the Carbon Market. As a result the Board of Directors remains optimistic of the Company’s prospect and financial position for the whole of 2016

………………………

Chairman
For and on behalf of the Board of
China CDM Exchange Centre Limited

Date: 29 September 2016

Enquiries:

China CDM Exchange Centre Limited
Jeanne_zhang@aol.com
+86 010 87246056
ISDX Growth Market Advisor:
Alfred Henry Corporate Finance Ltd
www.alfredhenry.com
Jon Isaacs/Nick Michaels
020 7251 3762

The Directors accept responsibility for this announcement.

CHINA CDM EXCHANGE CENTRE LIMITED

INCOME STATEMENTS

1/1/2016-6/30/2016 1/1/2015-12/31/2015
RMB GBP RMB GBP
Revenue 6,567,200.00 710,197.90 9,547,322.00 1,004,199.04
Cost of sales (3,709,287.96) (401,134.20) (7,574,043.80) (796,647.22)
Gross profit 2,857,912.04 309,063.70 1,973,278.20 207,551.82
- - - -
Selling expense - - - -
Administration expenses (1,191,408.74) (128,842.73) (1,880,418.69) (197,784.75)
- - - -
Profit from operations 1,666,503.30 180,220.97 92,859.51 9,767.07
- - - -
Foreign exchange gains (156,821.85) (16,959.21) (31,647.89) (3,328.76)
- - - -
Profit before income tax 1,509,681.45 163,261.76 61,211.62 6,438.31

The accompanying notes form an integral part of these financial statements. 
Average exchange rate:-2016.1-6-RMB/GBP-9.2470; -2015-RMB/GBP-9.5074;  

                                                                         CHINA CDM EXCHANGE CENTRE LIMITED

BALANCE SHEETS

6/30/2016 12/31/2015
RMB GBP RMB GBP
Non-current assets
Property Plant and Equipment 81,247.76 9,107.27 83,734.55 8,707.93
Long term investment 372,042,500.00 41,703,190.15 372,042,500.00 38,690,346.20
Intangible assets - - - -
Total non-current assets 372,123,747.76 41,712,297.42 372,126,234.55 38,699,054.13
Current Assets - - - -
Trade receivable  49,985,382.26 5,602,988.64 55,914,527.82 5,814,799.22
Other receivables - - - -
Cash and cash equivalents 22,584,164.31 2,531,516.42 15,142,850.51 1,574,772.04
Financial assets at fair value through profit or loss - - - -
Total current assets 72,569,546.57 8,134,505.06 71,057,378.33 7,389,571.26
Total assets 444,693,294.33 49,846,802.49 443,183,612.88 46,088,625.39
Current Liabilities - - - -
Other payables - - - -
Total current liabilities - - - -
Capital and Reserves - - - -
Share capital 221,999,000.00 15,020,515.41 221,999,000.00 15,020,515.41
Capital surplus 1,064,345.56 109,974.13 1,064,345.56 109,974.13
Public product of surplus 49,336,357.17 3,383,675.49 49,336,357.17 3,383,675.49
Undistributed profit 172,293,591.60 15,728,341.34 170,783,910.15 15,565,079.58
Foreign currency translation difference - 15,604,296.12 - 12,009,380.78
Total shareholder’s equity 444,693,294.33 49,846,802.49 443,183,612.88 46,088,625.39
Total liabilities and shareholder’s equity  444,693,294.33 49,846,802.49 443,183,612.88 46,088,625.39

The accompanying notes form an integral part of these financial statements.                      
Exchange rate:-30 Jun., 2016-RMB/GBP-8.9212 ; (31 Dec., 2015) RMB/GBP: 9.6159                     

CHINA CDM EXCHANGE CENTRE LIMITED

CASHFLOW STATEMENTS

1/1/2016-6/30/2016 1/1/2015-12/31/2015
RMB GBP RMB GBP
Cashflows from operating activities
Cashflows from operating operations: 7,598,135.65 821,686.56 5,495,916.49 578,067.24
Net cash generated from operating activities - - - -
Cashflows from investing activities - - - -
Cash payment for investment   - - - -
Other investment  - - - -
Net cash used in investing activities - - - -
Cashflows from financing activities - - - -
Proceeds from issuance of ordinary shares - - - -
Net cash used in financing activities - - - -
Gains on foreign transactions (156,821.85) (16,959.21) (31,647.89) (3,328.76)
Net (decrease)/increase in cash and bank balance 7,441,313.80 804,727.35 5,464,268.60 574,738.48
Cash and bank balance at the beginning of year 15,142,850.51 1,637,596.03 9,678,581.91 1,018,005.12
Cash and bank balance at the end of year      22,584,164.31 2,442,323.38 15,142,850.51 1,592,743.60

   The accompanying notes form an integral part of these financial statements.                      
Average exchange rate: -2016.1-6-RMB/GBP-9.2470; -2015-RMB/GBP-9.5074;

Details of the adjusted earnings per share are set out below:

2016.1-6 2015 2014 2013
Basic EPS (GBP) 0.0014 0.0001 0.0002 0.0002
Earnings attributable to ordinary shareholders (GBP) 163,261.76 6,438.31 28,587.56 21,651.58
Weighted average number of shares 117,000,000 117,000,000 117,000,000 117,000,000
UK 100

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