Xingye Copper International Group Limited 興業銅業國際集團有限公司 ( 於開曼群島註冊成立之有限公司 ) 股份代號 : 二零零九年年報

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1 Xingye Copper International Group Limited 興業銅業國際集團有限公司 ( 於開曼群島註冊成立之有限公司 ) 股份代號 : 二零零九年年報

2

3 2 Conyers Dill & Pearman, Cayman Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY Cayman Islands Butterfield Fulcrum Group (Cayman) Limited Butterfield House 68 Fort Street P.O. Box 705 Grand Cayman KY Cayman Islands

4 3 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 50% 100% 100% 100% 100% *

5 4

6 5 (i)(ii) (iii) (iv)

7 6 2.1%1, ,465,324 (1,387,736)* 77,588 36, ,657,874 (1,587,009)* 70,865 28, ,064 (55,215) 26,849 15, ,142 (75,386) 24,756 15, ,796 (245,034) 2,762 N/A N/A 1,795,184 (1,687,985) 107,199 51,639 1,758,016 (1,662,395) 95,621 44,387 * 79.7 N/A = 81.6% 25.1% 36, %1,465.3

8 7 2,450 2, % 18.1% % % (i) 59.5 (ii) %

9 (i) (ii) %49%

10

11 , ,011

12 (i)(ii) (iii)(iv) (v)(vi)

13

14

15 14 87(1) (2)

16

17

18

19 18 (i) (ii)

20 19 1,600,000 12,000

21

22 ,209, ,184, , % 7.0%34.4% 12.7% 5% 22 (i) 1.19 (ii) 18,000,000

23 22 1% (i) (ii) (iii) ,000 (600,000) , , % , , % 1,800,000 (600,000) 1,200, %

24 ,000 (500,000) , , % , , % ,000 (400,000) 1,500, ,000 (900,000) 1,000, % ,000 (400,000) , , % , , % ,000 (200,000) 1,200, ,000 (600,000) 800, % ,000 (400,000) , , % , , % ,000 (200,000) 1,200, ,000 (600,000) 800, %

25 , , % ,000 (120,000) , , % ,000 (120,000) ,000 (120,000) ,980,000 (2,430,000) 1,550, % ,980,000 (100,000) 3,880, % ,980,000 (100,000) 3,880, % ,980,000 (4,260,000) 720, % 11,940,000 4,980,000 (6,690,000) (200,000) 10,030, % 17,640,000 6,380,000 (9,750,000) (200,000) 14,070, % ,274,

26 (%) (%) (%) 0 1,421,086 87(1) 87(2)

27 XV XV78 352

28 27 (i) 0.10 * 330,165, % 1 600, % 330,765, % 900, % 600, % 24,263, % 3 600, % 220, % 120, % 290, % ,165, ,263,800 Sun Fook Limited 842Sun Fook Limited * 632,274,800

29 28 (ii) * 600, , % % 600, , % % 500, , % % 400, , % % 400, , % % 120, % 120, %

30 * 632,274,800 (iii) * 33,016, % 1 60, % 33,076, % 90, % 60, % 1,013, % 3 60, % 22, % 12, % 29, %

31 ,016,500 33,016, ,013,800 1,013,800Sun Fook Limited 842Sun Fook Limited * 632,274,800 XV78352

32 (i) 0.10 * 330,165, % * (ii) * 33,016, % 33,016, ,016,500 * 336

33 32 7(b)

34 33

35

36 First Pacific Rim Inc. China Vision SME, LPOriental Financial Management Ltd

37 Springs GlobalSprings Global 37

38 ISO 9001 ISO 14001

39

40

41

42 41 4 1,795,184 1,758,016 (1,608,247) (1,742,133) 186,937 15, ,255 17,489 (12,533) (8,880) (55,387) (48,389) 6 (2,699) (15,767) 197,573 (39,664) 10,205 10,146 (26,596) (40,835) 7(a) (16,391) (30,689) (79) (2,756) 181,103 (73,109) 8 (28,748) ,355 (72,294) 13(a) 0.24 (0.12) 13(b) 0.24 (0.12) (d)

43 42 152,355 (72,294) 12 (58) (8,196) 152,297 (80,490)

44 , , ,901 18, ,299 19, , , , ,882 8(c) 14, , , ,813 80, , , , , , , , , , ,572 8(c) 5, , ,934 75,545 (19,060) 611, , ,000 84, ,240 3,825 18,240 87, , ,

45 44 29(b) 59,129 58,268 29(c) 534, , , , , ,

46 , , , , ,626 2, , , ,384 12, , , , ,869 29(b) 59,129 58, , , , ,

47 46 56, , ,726 19,484 (577) 69, ,981 (8,196) (72,294) (80,490) 29(d) (66,536) (66,536) 29(b) 2,096 33,530 35, ,978 6,978 (4,305) (4,305) 58, , ,726 19,484 (8,773) 6,978 (69,558) 429,

48 47 58, , ,726 19,484 (8,773) 6,978 (69,558) 429,254 (58) 152, ,297 29(b) (c) ,209 (3,610) 8, ,777 3,777 (547) (547) 29(b) (c) (c) (iv) 8,517 (8,517) 59, , ,726 28,001 (8,831) 7,145 74, ,

49 48 152,355 (72,294) 7(c) 36,151 33,080 7(c) ,099 7(b) 3,777 6,978 7(a) 16,391 30, (90) 129 5, ,756 8(a) 28,748 (815) 243,014 13,164 (196,297) 131,400 (95,343) 144,486 26,661 (39,074) (24,066) (39,268) 1,840 (20,567) (44,191) 190,141 4,098 4,389 1,236 34,471 (17,134) (39,163) (65,882) (3,734) (62,199) (61,557) (82,361) 50111

50 49 7,931 31, ,402 1,077,433 (738,495) (1,186,482) (8,158) (60,945) 29(d) (66,536) 96,680 (205,209) (9,068) (97,429) 130, , , ,

51 (a) 3 (b) 2(f)(i) 2(f)(iv)

52 51 2. (b) (i) (ii) (iii)

53 52 2. (b) (iv) (c) 2(j) (d) 2(j)

54 53 2. (d) (e)

55 54 2. (f) (i)

56 55 2. (f) (ii) (iii) (iv)

57 56 2. (f) (iv) (g) (i) 2(j) (ii)

58 57 2. (g) (iii) (iv) 2(j) (h) 2(j) (i)

59 58 2. (i) (j) (i)

60 59 2. (j) (ii) (iii) 34

61 60 2. (k) (i) (ii) (iii) (l) (m)

62 61 2. (m) (i) (ii) (iii) (n) (o) 2(r)

63 62 2. (p)

64 63 2. (p) (q) (r)

65 64 2. (s) (t) (u) (i) (ii) (iii) (iv) (v) (i) (vi)

66

67 ,465,324 1,657, ,796 82, ,142 1,795,184 1,758, ,178 14,004 12,297 3, ,255 17,489 68,178,000 14,004,000

68 ,016 2, , ,699 15,767 12,099, (a) 24,066 39, ,514 1,567 26,596 40,835 (5,757) (2,347) (4,389) (1,751) (6,107) (10,205) (10,146) 16,391 30,689

69 68 7. (b) 45,111 38,984 3,251 3, ,777 6,978 52,139 49,301 (c) * 1,608,247 1,742,133 36,151 33, (5,682) 79,738 (6,107) (12,297) (3,089) 1,410 1,813 2,507 * 44,318,000129,116,000

70 69 8. (a) 18,333 2, ,333 3,373 10,415 (4,188) 28,748 (815) (i) (ii) (iii) 50% 25% 50% 25%

71 70 8. (a) (iv) 5% (b) 181,103 (73,109) 24,312 (10,041) 28(c) 548 8,766 (720) (107) 567 4,608 28,748 (815) (c) (14,710) 2,484 18,333 2, ,840 (20,567) 5,463 (14,710)

72 , , , ,979 1,107 4,951 1, , , , ,209 4,962

73 ,000, ,000,001 1,500, ,500,001 2,000, ,580, ,261 1, ,448 1, ,500,001 2,000,000 1,500,001 2,000,000

74 ,108,000 11,749,000 (8,108) (11,749) 39,145 43,996 29(a) (8,108) 71, (58) (58) (8,196) (8,196) (58) (58) (8,196) (8,196)

75 (a) 152,355,000 72,294, ,781, ,945, ,500, ,000,000 29(b)(ii) 21,945,205 29(b)(iii) 3,279,203 29(b)(iv) 2, ,781, ,945,205 (b) 152,355,000 72,294,000637,518, ,546, ,781, ,945, ,837 4,601,739 11,453, ,518, ,546,944

76 (a) 8

77 (a) 1,465, ,796 82,064 1,795, , ,167 5,888 1,170,547 2,119, ,963 87,952 2,965, ,326 2,762 26, ,937 1,657, ,142 1,758,016 1,365, ,518 28,437 1,925,529 3,023, , ,579 3,683,545 (8,873) 24,756 15,883

78 (b) 2,965,731 3,683,545 (1,170,547) (1,925,529) 1,795,184 1,758, ,937 15,883 (12,533) (8,880) (55,387) (48,389) 78,556 1,722 (16,391) (30,689) (79) (2,756) 181,103 (73,109) (c) 1,517,519 1,323, , ,692 1,795,184 1,758,016

79 , ,522 1,990 4,101 82, , , ,554 62,221 65,882 7,700 42,663 (50,363) (260) (382) (642) 101, ,522 2,105 5,655 94, , , ,975 37,557 11,064 74, (85,927) (5) (1,658) (1,663) 113, ,201 3,479 4,198 43, ,751 (11,353) (119,350) (987) (1,030) (132,720) (4,266) (28,129) (307) (378) (33,080) (8,057) (4,042) (12,099) (15,619) (155,367) (950) (1,408) (4,042) (177,386) (4,670) (30,485) (380) (616) (36,151) (20,289) (185,852) (1,330) (1,484) (4,042) (212,997) 92, ,349 2,149 2,714 39, ,754 86, ,155 1,155 4,247 90, ,471

80 (i) (ii) (iii) 247,988, ,470,000 24(i) 4,004,0004,078, ,756 3,734 19,490 19,490 (871) (329) (1,200) (389) (1,589) 17,901 18,290

81 (i) 50 (ii) 11,681,000 6,874,000 24(i) , ,249 2(c) (BVI) (BVI) 100% % % 1 () 100% 1 1 (ii)/(iii) 100% 13,800,000 13,800,000 (ii) 100% 33,864,393 50,000,000

82 (i) 100% 80,000,000 80,000,000 (i)/(iii) 100% 1,000,000 1,000,000 (i)/(iii) 100% 1,000,000 1,000,000 (i) 100% 3,890,000 3,890,000 (i) 100% 12,800,000 12,800,000 (i) 100% 20,000,000 20,000,000 (ii) 100% 34,999,950 70,000,000 (i) 100% 3,000,000 3,000,000 (ii) 100% 22,800,000

83 (i) (ii) (iii) ,299 19,378 6,200,000 6,200,000 50% 32,661 20,467 14,530 38,598 9,763 (9,921) (158)

84 ,099 39, ,692 78,401 63,873 27,741 7,515 2, , ,882 79,738, ,794,000 24(i) ,807 92,749 38,668 31,813 28,492 10,161 1,292 20, , , , , , ,751

85 ,409 86,798 32,398 5, ,807 92, ,813 80, , ,835

86 , , ,921 50,000 15,500 60, , , , ,362 4,000 84, , ,362

87 (i) 4.86% 6.37% 5.31% 7.56% 110, , ,470 11,681 6,874 50,000 (ii) 4.37% 5.35% 7.47% (iii) 80,000 4,000 4,000 4,000 84,000 (iv) 30

88 , ,478 (120,175) (7,697) (1,095) (350) (37,555) (7,946) 40,038 8,159 2, (5,214) 213 5,214,000

89 (a) 21 30% (i) 5,700 5,340 6,960 18,000

90 (a) (ii) , , , , , , ,640 4,330, (iii) 12,334, % 2.57~ % 2.083%~2.356%

91 (b) 30% 12 1% ,380, (i) , , ,420,

92 (b) (ii) 1,421, % % (c) ,209,000 24, ,184,200

93 ,647 52,259 56,531 52,321 11,384 12,563 2,847 5, , ,572 11,384 12,563 53,735 49,757 21, ,180 1,502 2, ,647 52, (a) 4,864 (11,583) (8,689) (4,608) 1, (14,240) (3,825)

94 (b) 4,864 (8,689) (3,825) (4,864) (2,894) (4,608) 1, (10,415) (11,583) (4,608) 1, (14,240) (c) 2,191 35,064

95 (a) (b) c(i) c(v) c(iii) 56, , ,248 (1,021) 596,303 (12,589) 71,392 58,803 6,978 6,978 2,096 33,530 35,626 (4,305) (4,305) (66,536) (66,536) 58, ,129 (12,589) 6, ,248 3, ,869 (357) (8,108) (8,465) 3,777 3, ,209 (3,610) 8,458 (547) (547) , ,809 (12,946) 7, ,248 (4,273) 630,112

96 (b) 0.10 (i) 5,000,000, ,000 5,000,000, , ,500,000 62,250 58, ,000,000 60,000 56,172 (ii) 22,500,000 2,250 2,096 (iii) 9,750, (iv) 24, ,274,800 63,227 59, ,500,000 62,250 58,268 (i) 380,000 3,800, ,999

97 (b) 4,996,200, , ,000, ,990, ,999,000 42,128, ,000, ,000,00014,043, ,000,000224,688,000 (ii) ,500, ,250,000 2,095,650 36,000,00033,530,400 (iii) 4,330,00026(a) 1.195,420,00026(a) , ,000 8,643,000 7,599,000 (iv) 24, ,5002,000 20,60018,000

98 (c) (i) 449,990, ,999,000 42,128, ,000, ,000,000224,688,000 51,972,00048,656, ,028,000176,032, ,500, ,000,00033,530,400 4,828,6004,305,40031,171,400 29,225,000 26(a) 26(b) 1.194,330, ,420, ,622,000 7,599,0004,096,000 3,610,000 2(k)(iii) 26(c)24, ,600 18,000

99 (c) (ii) 1, ,726,000 (iii) (iv) 25% (v) 26 (d) 66, ,043 56,043 66,536

100 % 19% 20

101 , , ,568 5, , , , , , ,593 5, , , ,890 89, , , , , , ,462 89,820

102 (a) 50% (i) (i) 1.99%~6.37% 447, %-7.56% 351, , , %~5.35% 170, %-7.47% 170, , , , ,362 72% 67%

103 (a) (ii) 100 1,714,0002,078,000 (b)

104 (b) 2, ,264 18,467 1,138 5 (8,365) (339) (160) (7,112) (2,770) 18,467 (160) (5,502)

105 ,880 (813) 78 (c) % 338,000

106 (i) (ii) (iii) (iv) (v)

107 % 54.84%56.84%59.69% ,500 86,000 11,544 9,310 72,044 95,310

108 (a) (i) 15, ,803 4,150 7,

109 (a) (ii) 1,292 20,193 2,847 5,992 15,500 6% (b) 5,090 3, ,280 2,674 6,396 6,546 7(b)

110 (c) 7(b) 33 29(d)

111

112

113 112 1,795,184 1,758,016 2,096,133 1,512, , ,937 15, , ,399 82, ,573 (39,664) 196, ,677 74, ,355 (72,294) 150, ,696 48,437 (1) 0.24 (0.12) (1) 0.24 (0.12) , , , , , , , , , ,208 1,374,470 1,065,013 1,319,103 1,038, ,070 18,240 87, ,013 10,783 31, , , , , , , , , , ,813 75,545 (19,060) 157,212 (147,697) (152,839) 611, , , , , , , , , ,

114 ,113 (6,255) 226, ,165 99,063 (2) (%) 10.4% 0.9% 10.4% 12.1% 12.9% (3) (%) 11.0% (2.3)% 9.4% 9.0% 11.6% (4) (%) 8.5% (4.1)% 7.2% 7.1% 7.6% (5) (%) 13.0% (0.4)% 10.8% 10.9% 15.5% (6) (%) 25.7% (16.8)% 28.0% 32.1% 15.6% (7) (8) (9) (10) (11) (12) (%) 45.0% 49.0% 47.8% 51.2% 50.8% (13) (%) 68.8% 72.3% 71.2% 109.9% 88.2% (14) 9.7 (0.2) (1) (2) 100% (3) 100% (4) 100% (5) 100% (6) 100% (7) (8) (9) 365 (10) 365 (11) 365 (12) 100% (13) 100% (14)

115

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