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CONSOLIDATED CASH FLOWS STATEMENT
12 Months Ended
Dec. 31, 2020
CNY (¥)
¥ / $
Dec. 31, 2020
USD ($)
¥ / $
Dec. 31, 2019
CNY (¥)
Dec. 31, 2018
CNY (¥)
Cash flows from operating activities        
Cash generated from operations ¥ 1,587,621,000 $ 243,314,000 [1] ¥ 2,748,668,000 ¥ 3,600,022,000
Income tax paid (251,448,000) (38,536,000) [1] (353,423,000) (338,620,000)
Net cash generated from operating activities 1,336,173,000 204,778,000 [1] 2,395,245,000 3,261,402,000
Cash flows from investing activities        
Payments for acquisition of fixed assets, construction-in-progress and prepayment for fixed assets, net of related payables (853,347,000) (130,781,000) [1] (2,441,116,000) (2,683,053,000)
Proceeds from disposal of fixed assets 32,599,000 4,996,000 [1] 3,036,000 392,000
Proceeds from disposal of assets classified as held for sale 132,086,000 20,243,000 [1] 263,943,000 587,123,000
Interest received 0 0 [1] 857,000 1,765,000
Payment of investment (26,586,000) (4,074,000) [1] (29,799,000) (24,832,000)
(Increase)/Decrease in short-term deposits with maturities more than three months, net (220,000,000) (33,716,000) [1] 109,000,000 (1,000,000)
Dividends received 7,735,000 1,185,000 [1] 7,047,000 6,473,000
Net cash used in investing activities (927,513,000) (142,147,000) [1] (2,087,032,000) (2,113,132,000)
Cash flows from financing activities        
Transactions with non-controlling interests 0 0 0 (3,349,000)
Dividends paid to the Company's shareholders (425,012,000) (65,136,000) [1] (425,012,000) (566,683,000)
Payments of lease liabilities (60,750,000) (9,310,000) [1] (59,620,000) 0
Net cash used in financing activities (485,762,000) (74,446,000) [1] (484,632,000) (570,032,000)
Net increase/decrease in cash and cash equivalents (77,102,000) (11,815,000) [1] (176,419,000) 578,238,000
Cash and cash equivalents at beginning of year 1,562,334,000 239,438,000 [1] 1,738,753,000 1,160,515,000
Cash and cash equivalents at end of year ¥ 1,485,232,000 $ 227,622,000 [1] ¥ 1,562,334,000 ¥ 1,738,753,000
Closing foreign exchange rate 6.5250 6.5250    
[1] Translation of amounts from Renminbi ("RMB") into United States dollars ("US$") for the convenience of the reader has been made at US$1.00=RMB6.5250, the certified exchange rates for December 31, 2020 as published by the Federal Reserve Board of the United States. No representation is made that the RMB amounts could have been, or could be, converted into US$ at that rate on December 31, 2020 or on any other date.