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ZHEJIANG JIAHUAN ELECTRONIC COMPANY CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY ¥ in Thousands, $ in Thousands | USD ($) | CNY (¥) | Share capital CNY (¥) | Capital reserves CNY (¥) | PRC statutory reserves CNY (¥) | Retained earnings CNY (¥) | Non controlling interest CNY (¥)
--- | --- | --- | --- | --- | --- | --- | ---
Beginning Balance, amount (ZHEJIANG JIAHUAN) at Dec. 31, 2014 |  | ¥ 85,393 | ¥ 11,250 | ¥ 8,542 | ¥ 20,931 | ¥ 44,387 | ¥ 283
Net income | ZHEJIANG JIAHUAN |  | 4,936 |  |  |  | 4,936 |
Net income | $ | $ (593) |  |  |  |  |  |
Disposal of Non-controlling interest | ZHEJIANG JIAHUAN |  | (283) |  |  |  |  | (283)
Ending Balance, amount (ZHEJIANG JIAHUAN) at Dec. 31, 2015 |  | 90,046 | 11,250 | 8,542 | 20,931 | 49,323 | 0
Capitalization of reserves | ZHEJIANG JIAHUAN |  | 0 | 27,777 | (9,941) | (17,836) |  |
Net income | ZHEJIANG JIAHUAN |  | 10,462 |  |  |  | 10,462 |
Net income | $ | 289 |  |  |  |  |  |
Dividend paid | ZHEJIANG JIAHUAN |  | 0 | 40,973 |  |  | (40,973) |
Ending Balance, amount (ZHEJIANG JIAHUAN) at Dec. 31, 2016 |  | 100,508 | 80,000 | (1,399) | 3,095 | 18,812 | 0
Net income | ZHEJIANG JIAHUAN |  | 4,051 |  |  |  | 4,051 |
Net income | $ | $ 534 |  |  |  |  |  |
Dividend paid | ZHEJIANG JIAHUAN |  | (2,000) |  |  |  | (2,000) |
Ending Balance, amount (ZHEJIANG JIAHUAN) at Dec. 31, 2017 |  | ¥ 102,559 | ¥ 80,000 | ¥ (1,399) | ¥ 3,095 | ¥ 20,863 | ¥ 0

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