2004 HANGZHOU SILAN MICROELECTRONICS CO.,LTD 1

2004 3 5 8 9 14 19 50 2

2004 Hangzhou Silan Microelectronics Co.,Ltd 600460 4 4 310012 http://www.silan.com.cn silan@silan.com.cn 0571-88212980 0571-88210763 600460@silan.com.cn 4 http://www.sse.com.cn 3

2004 2004 1-6 2003 1-6 % 47,573,209.82 14,721,602.73 223.15 44,672,418.78 14,610,981.26 205.75 3,488,341.58 29,992,985.75-88.37 0.235 0.146 60.96 0.235 0.167 40.72 8.81 3.15 179.68 8.98 4.66 92.70 2004 6 30 2003 12 31 % 356,158,550.05 339,736,891.00 4.83 161,418,740.10 173,882,360.19-7.17 889,038,814.32 772,420,363.67 15.10 539,810,546.93 512,441,337.11 5.34 2.67 5.07-47.34 2.67 5.07-47.34 2004 4 26 20204 10102 " " 2,962,298.85 22,510.96 7,746.66 2,214.64 74,057.47 2,900,791.04 4

2004 1 75,020,000 75,020,000 75,020,000 150,040,000 75,020,000 75,020,000 75,020,000 150,040,000 2 3 4 75,020,000 75,020,000 75,020,000 150,040,000 1 26,000,000 26,000,000 26,000,000 52,000,000 2 1 2 26,000,000 26,000,000 26,000,000 52,000,000 101,020,000 101,020,000 102,020,000 202,040,000 5

2004 9190 13,053,480 26,106,960 12.92 0 12,678,380 25,356,760 12.55 0 12,678,380 25,356,760 12.55 0 12,678,380 25,356,760 12.55 0 12,678,380 25,356,760 12.55 0 5,626,500 11,253,000 5.57 0 5,626,500 11,253,000 5.57 0 +5,250,036 5,250,036 2.60 +3,774,000 3,774,000 1.87 +2,900,000 2,900,000 1.44 ABH 5,250,036 A 3,774,000 A 2,900,000 2,497,850 1,960,600 1,499,142 A A A A 1,479,802 A 1,337,695 A 6

2004 1,294,928 A 619,114 A 5 5 7

2004 13,053,480 26,106,960 12,678,380 25,356,760 12,678,380 25,356,760 12,678,380 25,356,760 12,678,380 25,356,760 0 0 0 0 0 0 0 0 0 0 0 0 5,626,500 11,253,000 5,626,500 11,253,000 0 0 0 0 0 0 0 0 2004 2 28 2004 3 2 8

2004 2004 CD 10000 4000 22400 43.87 7228 78.51 5111 228.81 4757 223.15 1 2003 1 () () 249,087,085.48 197,792,483.83 20.59 44.14 39.39 2.71 52,920,617.18 36,752,390.63 30.55 309.01 120.88 59.15 9

2004 302,007,702.66 234,544,874.46 22.36 62.59 47.94 7.72 78,003,563.64 76,247,007.87 224,004,139.02 158,297,866.59 29.33 43.87 23.19 11.86 [] 1-6 -28.6% 2 22972 58.16 7228 78.51 30200 62.58 7800 22400 43.87 2 3 4 10 552.08 11.47 1380.20 5 1 CD 10

2004 3 2 3-5 3 5%-10% 1 28692 7888 20804 1 29998 17970 0 2 CD 4112 1643 0 11

2004 3 2958 1191 0 50522 20804 0 [1] 50522 28692 CD 24960 CD 2232 1500 [2] 18300 2004 6 30 17970 62.58% [3]CD 2004 6 30 1643 12

2004 39.96% [4] 2004 6 30 1191 40.26% 2 2004 6 15, 500 2004 6 19 2004 2500 10% 3-5 800010000 1 2 3 4 5 2004 1-9 50% 13

2004 2004 2004 4 2 2003 2003 10102 10 2 2020.4 2004 4 30 2003 12 31 260,924,150.08 2003 10,102 10 10 2004 4 20 20,204 2004 1 2000.65 2 3 14

2004 2004 5 13 5000 2003 12 25 [1] 2009 12 25 2003 5 12 500 2003 5 12 2007 5 12 2003 6 20 800 2003 3 31 [2] 2007 12 31 2003 6 500 2003 6 30 2007 6 30 2004 2 20 1000 2004 4 27 2007 4 27 5000 251.26 7000 721.23 7000 721.23 1 4000 2 251.26 4 [2003]56 56 : 1 50% 2 97.5% 13,244 24.53% 7,080 41,241 35,147 85.22% 15

2004 3 18,300 4 9,600 2004 15,360 1 97.5% 2 70% 56 1 2 2003 12 25 2007 12 25 5,000 2003 3 20 3000 3 4,000 2 800 5 5 1 22004 1 15 16 16

2004 100 64.34% 2004 1 13 32003 8 9 2004 6 30 42004 6 15 9,600 6,000 16,000 96.56% 1 2004-1-13 2 2004-1-13 3 2004-1-13 4 5 6 7 8 9 10 11 12 13 14 2004-1-16 2004-1-16 2003 2004-2-27 2004-3-2 2003 2004-3-2 2004-3-2 2004-3-2 2004-3-12 2003 2004 2004-4-3 2004-4-13 2004-4-13 17

2004 15 16 17 2003 2004-4-20 2004 2004-5-15 2004-6-19 www.sse.com.cn www.silan.com.cn 18

2004 2004 1-6 ( ) 1997 9 25 3301002060195 [2000]21 2000 7 31 7,502 7,502 ( 1 ) 2000 10 28 3300001007312 2003 2 19 [2003]12 2,600 1 10,102 10,102 1 A 2,600 [2003]17 2003 3 11 2004 4 2 2003 2003 2003 10,102 10 10 2004 4 26 20,204 20,204 1 A 5,200 : () 19

2004 () 1 1 12 31 () () () 1 ( ) ( ) () ( 3 ) () 1 2 () 1. ( ) 1 (1 ) 5% 1-2 10% 2-3 30% 3 100% 2. : (1) (2) 20

2004 21 () 1 2 ( ) ( ) 3 4 () 1 20% 20%20% 20%20% 20% 2 10 10 [2003]10 10 -- 3 4 ( ) 1 2 3

2004 ( ) 1 (1) (2) (3) 2 3 5% () (%) 30-35 2.71-3.17 10 9.50 5-10 9.50-19.00 5 19.00 5 19.00 3-10 10.00-33.33 4 ( ) 1 2 (1) 3 (2) (3) ( ) 1 2 (1) 22

2004 1) 2) 3) (2) 3 (3) 3 ( ) 1 2 (1) (2) (3) 10 3 ( ) 1 2 ( ) 1 2 (1) (2) 23

2004 3 ( ) (1) (2) ( ) ( ) () () 17% 13% () 5% () 7% () 4% () [1999]408 [1994] 001 15% 2004 15% 15% [2004] 140 2004 33% 24

2004 ( ) ( ) 6,000 5,850 97.50% USD280 2,317.532 61.80% [1] 500 500 100% [2] 300 312.5 75% [1] 300 300 100% [3] [1] [2]: 10% 90% 65.62% 500 2003 12 31 2004 1 17 [3]: 90% 10% 99.75% 2004 4 2 2003 2003 2003 59,767,377.60 10% 5,976,737.76 5% 2,988,368.88 10 2.00 ( ) 2004 4 30 () 1. 127,691,644.47 25

2004 (1) 84,441.65 33,937.96 119,607,202.82 176,654,874.61 8,000,000.00 127,691,644.47 176,688,812.57 (2) US$503,693.80 8.2766 4,169,066.49 US$328 148.32 8.2767 2 715 985.20 4 169 066.49 2 715 985.20 2 3,482,039.49 (1) 3,482,039.49 4,189 251.60 3,482,039.49 4,189,251.60 (2) 5% (5%) 3. 77,750,038.43 (1) (%) (%) 1 81,462,296.68 99.51 4,073,114.83 77,389,181.85 73,660,973.43 99.72 3,683,048.68 69,977,924.75 1-2 400,951.76 0.49 40,095.18 360,856.58 76,920.29 0.10 7,692.03 69,228.26 2-3 129,309.40 0.18 38,792.82 90,516.58 81,863,248.44 100.00 4,113,210.01 77,750,038.43 73,867,203.12 100.00 3,729,533.53 70,137,669.59 (2) 18,333,527.77 1.0646 19,517,446.20 13,971,277.18 1.0657 14,889,190.09 1,210,479.93 8.2766 10,019,142.38 1,588,468.41 8.2767 13,147,276.49 29,536,588.58 28,036,466.58 (3) 5 25,989,582.74 31.75% 26

2004 (4) 5% (5%) 4. 2,759,727.13 (1) (%) (%) 1 2,904,975.93 100.00 145,248.80 2,759,727.13 2,245,176.86 89.72 112,258.85 2,132,918.01 1-2 191,175.00 7.64 19,117.50 172,057.50 2-3 66,000.00 2.64 19,800.00 46,200.00 2,904,975.93 100.00 145,248.80 2,759,727.13 2,502,351.86 100.00 151,176.35 2,351,175.51 (2) 403,750.00 199,044.00 266,416.00 869,210.00 (3) 5 1,144,922.00 55.10% (4) 5% (5%) 24780.00 41950.00 66730.00 5. 3,312,350.82 (1) (%) (%) 1 3,312,350.82 100.00 2,671,681.22 98.89 1-2 29,939.36 1.11 3,312,350.82 100.00 2,701,620.58 100.00 (2) 5% (5%) (3) 1 27

2004 6. 1,609,838.34 (1) 1,609,838.34 2,731,665.31 1,609,838.34 2,731,665.31 (2) [2002]21 7. 139,539,403.32 (1) 27,442,288.00 27,442,288.00 13,065,584.80 13,065,584.80 37,305,066.88 37,305,066.88 24,637,851.01 24,637,851.01 60,379,203.42 1,153,173.50 59,226,029.92 29,996,835.89 396,594.11 29,600,241.78 12,557,421.62 12,557,421.62 9,265,181.23 9,265,181.23 3,008,596.90 3,008,596.90 4,329,550.82 4,329,550.82 140,692,576.82 1,153,173.50 139,539,403.32 81,295,003.75 396,594.11 80,898,409.64 (2) (3) (4) 1 396 594.11 756,579.39 1 153 173.50 396,594.11 756,579.39 1,153,173.50 2) 8. 13,508.05 13,508.05 38,286.20 2004 13,508.05 38,286.20 9 64,808,054.10 28

2004 (1) 8,220,633.38 8,220,633.38 8,661,024.46 8,661,024.46 36,351,360.72 36,351,360.72 30,830,577.33 30,830,577.33 20,236,060.00 20,236,060.00 13,183,500.00 13,183,500.00 64,808,054.10 64,808,054.10 52,675,101.79 52,675,101.79 (2) 673 3.68% 6,183,500.00 6,183,500.00 [1] 500 5.26% 5,000,000.00 5,000,000.00 [1] 11,183,500.00 11,183,500.00 [1], (3) 1 20 9,974,339.36[] 40.00% 36,351,360.72 2,000,000.00 9.09% 2,000,000.00 20 2,052,560.00 10.00% 2,052,560.00 15 5,000,000.00 23.81% 5,000,000.00 19,026,899.36 45,403,920.72 [1] 300 40.00% [2] 500 2) a. 0.00[] 30,830,577.33 5,520,783.39 36,351,360.72 0.00 30,830,577.33 5,520,783.39 36,351,360.72 [] 1997 10 b. 29

2004 30,830,577.33 5,520,783.39 30,830,577.33 30,830,577.33 5,520,783.39 30,830,577.33 3) a 8,807,821.48 8,661,024.46 440,391.08 8,220,633.38 10 8,807,821.48 8,661,024.46 440,391.08 8,220,633.38 b 8,807,821.48 2003 11 23,175,320 2003 11 10 4 10. 310,177,902.52 (1) 84,100,877.88 84,100,877.88 4,508,280.36 1,856,735.87 6,365,016.23 183,379,554.52 27,914,847.72 211,294,402.24 6,303,955.89 1,060,268.32 7,364,224.21 213,332.32 213,332.32 840,049.64 840,049.64 279,346,050.61 30,831,851.91 310,177,902.52 (2) 22,178,068.00 (3) 13,221,134.47 733,520.33 12,487,614.14 13,221,134.47 733,520.33 12,487,614.14 (4) 211,944.00 201,394.30 10,549.70 1,262,560.00 1,199,432.00 63,128.00 30

2004 1,474,504.00 1,400,826.30 73,677.70 (5) (6) (7) 11 43,799,690.31 3,568,217.23 1,229,532.68 4,797,749.91 2,016,304.80 729,094.01 2,745,398.81 22,879,914.35 11,243,992.05 34,123,906.40 1,221,641.48 643,727.36 1,865,368.84 51,733.91 16,944.48 68,678.39 84,444.74 114,143.22 198,587.96 29,822,256.51 13,977,433.80 43,799,690.31 12 266,378,212.21 79,303,127.97 80,532,660.65 3,619,617.42 2,491,975.56 177,170,495.84 160,499,640.17 5,498,855.37 5,082,314.41 144,653.93 161,598.41 641,461.68 755,604.90 266,378,212.21 249,523,794.10 13. 2,702,932.67 1,637,881.98 1,768,340.90 23,400.00 23,400.00 1,041,650.69 2,702,932.67 1,791,740.90 31

2004 14. 196,321,059.32 (1) 139,883,644.08 139,883,644.08 87,720,664.85 87,720,664.85 30,369,022.46 30,369,022.46 26,788,064.46 26,788,064.46 25,955,802.27 25,955,802.27 10,801,477.50 10,801,477.50 112,590.51 112,590.51 112,590.51 112,590.51 196,321,059.32 196,321,059.32 125,422,797.32 125,422,797.32 (2) 87,720,664.85 69,003,644.79 22,178,068.60 134,546,241.04 [] 29,998 62.58% 26,788,064.46 8,918,361.04 35,706,425.50 8,000 44.64% 10,801,477.50 15,154,324.77 25,955,802.27 4,000 64.90% 112,590.51 112,590.51 125,422,797.32 93,076,330.60 22,178,068.60 196,321,059.32 [] 802 (3) 288,004.82 259,375.00 547,379.82 4.9416% 288,004.82 259,375.00 547,379.82 (4) 15 2,670,005.97 (1) 216,666.98 216,666.98 316,666.94 316,666.94 40,000.00 40,000.00 8,328.00 8,328.00 CADENCE 5,705.74 5,705.74 39,940.20 39,940.20 EDA 1,245,380.26 1,245,380.26 1,413,538.73 1,413,538.73 IP 472,222.18 472,222.18 638,888.86 638,888.86 32

2004 730,030.81 730,030.81 812,675.83 812,675.83 2,670,005.97 2,670,005.97 3,270,038.56 3,270,038.56 (2) 1,000,000.00 316,666.94 99,999.96 216,666.98 783,333.02 1 1 120,000.00 40,000.00 40,000.00 120,000.00 100,000.00 8,328.00 8,328.00 100,000.00 CADENCE 205,406.38 39,940.20 34,234.46 5,705.74 199,700.64 1 EDA 1,735,177.68 1,413,538.73 168,158.47 1,245,380.26 489,797.42 4 1 IP 1,000,000.00 638,888.86 166,666.68 472,222.18 527,777.82 1 5 826,450.00 812,675.83 82,645.02 730,030.81 96,419.19 4 5 4,987,034.06 3,270,038.56 600,032.59 2,670,005.97 2,317,028.09 (3) 16. 30,000,000.00 30 000,000.00 50,000,000.00 30,000,000.00 50,000,000.00 17. 55,000,000.00 (1) 55,000,000.00 35,000,000.00 55,000,000.00 35,000,000.00 (2) 5% (5%) 18. 69,185,048.36 (1) 5% (5%) (2) 3 19. 408,037.11 (1) 5% (5%) (2) 1 33

20 2004 1,500,000.00 21. -8,970,315.03 (1) -12,513,530.15-5,057,781.64 17% 73,128.35 11,706.66 5% 46,062.90 127,242.89 7% 3,000,258.50 2,938,729.03 15%33% 33,908.04 29,260.44 2,771.75 389,857.33 245,861.46-8,970,315.03-1,702,209.41 (2) 22 32,454.75 32,454.75 72,684.71 4% 32,454.75 72,684.71 23. 5,553,763.56 (1) 5% (5%) (2) 3 24. 904,207.35 866,207.35 537,646.11 38,000.00 77,000.00 904,207.35 614,646.11 34

2004 25 159,868,042.31 (1) 159,704,434.63 61,680,109.28 163,607.68 57,746.03 159,868,042.31 61,737,855.31 (2) 7,212,288.06 8.2766 59,704,434.63 5,035,836.66 8.2767 41,680,109.28 59,704,434.63 41,680,109.28 26. 15,675,000.00 13,975,000.00 9,430,000.00 863 1,300,000.00 1,300,000.00 400,000.00 400,000.00 15,675,000.00 11,130,000.00 [1] 32 RISC CVD [2]863 [2002]433 802.11b IP [3] 27 2,685,681.35 (1) 35

2004 2,685,681.35 2,685,681.35 2,685,681.35 2,685,681.35 (2) [2000] 35 1999 28. 202,040,000.00 (1) (+-) () 1 75,020,000.00 75,020,000.00 75,020,000.00 150,040,000.00 2 3 4 5 75,020,000.00 75,020,000.00 75,020,000.00 150,040,000.00 () 1 26,000,000.00 26,000,000.00 26,000,000.00 52,000,000.00 2 3 4 26,000,000.00 26,000,000.00 26,000,000.00 52,000,000.00 () 101,020,000.00 101,020,000.00 101,020,000.00 202,040,000.00 (2) [2003]12 2003 2 24 2,600 1 11.60 36

2004 301,600,000.00 14,675,849.92 286,924,150.08 26,000,000.00 260,924,150.08 [2003]15 2003 2003 2003 10,102 10 10 2004 4 26 [2004]30 29. 159,904,150.08 (1) 260,924,150.08 101,020,000.00 159,904,150.08 260,924,150.08 101,020,000.00 159,904,150.08 (2) [2003]12 260,924,150.08 2003 10,102 30. 24,919,059.35 16,519,479.11 93,227.12 16,612,706.23 8,259,739.56 46,613.56 8,306,353.12 24,779,218.67 139,840.68 24,919,059.35 31. 152,947,337.50 (1) 125,717,968.36 47,573,209.82 20,343,840.68 152,947,337.50 (2) 37

2004 2,034,3840.68 2003 2003 2003 20,204,000.00 2003 2003 932,271.22 10% 93,227.12 5% 46,613.56 () 1 / 224,004,139.02/158,297,866.59 249,087,085.48 172,810,451.78 52,920,617.18 12,938,790.26 302,007,702.66 185,749,242.04 78,003,563.64 30,044,986.70 224,004,139.02 155,704,255.34 197,792,483.83 141,902,796.71 36,752,390.63 16,638,903.85 234,544,874.46 158,541,700.56 76,247,007.87 30,044,986.70 158,297,866.59 128,496,713.86 (2) 229,730,586.32 145,254,588.59 72,277,116.34 40,494,653.45 302,007,702.66 185,749,242.04 78,003,563.64 30,044,986.70 224,004,139.02 155,704,255.34 178,413,103.55 125,721,124.78 38

2004 56,131,770.91 32,820,575.78 234,544,874.46 158,541,700.56 76,247,007.87 30,044,986.70 158,297,866.59 128,496,713.86 (3)2004 5 72,302,603.99 32.28% 2 550,355.97 344,012.57 4,705.32 7% 206,343.40 13,235.31 4% 550,355.97 17,940.63 3. 2,440,957.81 2,210,000.00 122,655.00 2,087,345.00 321,774.00 51,223.88 270,550.12 233,334.00 40,950.10 192,383.90 149,685.00 66,622.31 83,062.69 140,123.93 125,594.02 14,529.91 2,681,459.00 240,501.19 2,440,957.81 373,457.93 166,544.12 206,913.81 4. 479,455.02 1,913,484.85[] 2,007,493.68 1,992,296.22 1,409,573.05 112,550.67 31,954.34 445,715.72 118,288.68 479,455.02 748,163.65 [] 216,000.00 5. 5,416,892.31 (1) 39

2004 5,520,783.39 4,746,512.14 336,500.00-440,391.08 5,416,892.31 4,746,512.14 (2) 10% (10%) (3) 6. 3,119,420.85 (1) 2,962,298.85 157122.00 3,119,420.85 (2) [2001]288 [2001]430 7. 22,510.96 117,054.57 22,510.96 22,510.96 8. 7,746.66 6,433.10 5,547.84 2,198.82 7,746.66 6,433.10 40

2004 () 1 1,180,000.00 727,122.00 1,907,122.00 2 10,518,604.38 10,518,604.38 3 73,000,000.00 73,000,000.00 4. 8,000,000.00 8,000,000.00 5. 7,000,000.00 7,000,000.00 () 1 78,852,473.36 (1) (%) (%) 1 82,676,646.46 99.59 4,133,832.32 78,542,814.14 72,791,689.19 99.73 3,639,584.46 69,152,104.73 1-2 344,065.80 0.41 34,406.58 309,659.22 64,529.59 0.09 6,452.96 58,076.63 2-3 129,309.40 0.18 38,792.82 90,516.58 41

2004 83,020,712.26 100.00 4,168,238.90 78,852,473.36 72,985,528.18 100.00 3,684,830.24 69,300,697.94 (2) 18,333,527.77 1.0646 19,517,446.20 13,971,277.18 1.0657 14,889,190.09 1,210,479.93 8.2766 10,018,715.17 1,588,468.41 8.2767 13,147,276.49 29,536,161.37 28,036,466.58 (3) 5 25,989,582.74 31.30% (4) 5% (5%) 2. 184,046,955.45 (1) (%) (%) 1 184,102,058.37 100.00 55102.92 184,046,955.45 183,629,167.50 99.91 31,458.38 183,597,709.12 1-2 96,175.00 0.05 9,617.50 86,557.50 2-3 66,000.00 0.04 19,800.00 46,200.00 184,102,058.37 100.00 55,102.92 184,046,955.45 183,791,342.50 100.00 60,875.88 183,730,466.62 (2) 183,000,000.00 183,000,000.00 (3) 5 183,460,625.72 99.65% (4) 5% (5%) 24,870.00 24,870.00 (5), 183,000,000.00 42

2004 3. 142,163,097.96 (1) 85,575,677.24 85,575,677.24 75,615,290.43 75,615,290.43 36,351,360.72 36,351,360.72 30,830,577.33 30,830,577.33 20,236,060.00 20,236,060.00 13,183,500.00 13,183,500.00 142,163,097.96 142,163,097.96 119,629,367.76 119,629,367.76 (2) 673 3.68%[1] 6,183,500.00 6,183,500.00 [2] 500 5.26% 5,000,000.00 5,000,000.00 [2] 11,183,500.00 11,183,500.00 [1] 5.26% 3.68% [2], (3) 1) 50 58,500,000.00 97.50% 59,415,707.37 20 9,974,339.36[1] 40.00% 36,351,360.72 11 14,322,520.80[2] 61.80% 20,620,696.82 20 2,437,500.00 75.00% 1,418,113.38 2,000,000.00 9.09% 2,000,000.00 10 500,000.00 10.00% 290,332.28 10 2,700,000.00 90.00% 3,830,827.39 20 2,052,560.00 10.00% 2,052,560.00 15 5,000,000.00[3] 21.83% 5,000,000.00 85,842,472.36 130,979,597.96 [1] 300 40.00% [2] 280 61.80% [3] 6 43

2004 2) a. 58,500,000.00 58,500,000.00 59,415,707.37 915,707.37 3,240,527.20 33,110,833.52 36,351,360.72 23,175,320.00 14,367,498.52-1,967,435.08 8,220,633.38 20,620,696.82 2,700,000.00 2,700,000.00 1,130,827.39 3,830,827.39 3,125,000.00 2,437,500.00-1,019,386.62 1,418,113.38 500,000.00 500,000.00-209,667.72 290,332.28 88,000,320.00 81,745,525.72 31,960,878.86 8,220,633.38 121,927,037.96 b. 46,951,330.83 12,464,376.54 59,415,707.37 30,830,577.33 5,520,783.39 36,351,360.72 22,764,623.54-1,703,535.64-440,391.08 20,620,696.82 3,539,044.10 291,783.29 3,830,827.39 1,860,291.96-442,178.58 1,418,113.38 500,000.00-209,667.72 290,332.28 106,445,867.76 15,921,561.28-440,391.08 121,927,037.96 3) 8,661,024.46 440,391.08 8,220,633.38 10 8,661,024.46 440,391.08 8,220,633.38 4) () 1. 208,936,056.66 (1) 208,936,056.66 147,145,119.82 208,936,056.66 147,145,119.82 (2)2003 5 93,928,143.22 44.96% 44

2004 2. 160,256,387.88 160,256,387.88 117,898,690.43 160,256,387.88 117,898,690.43 3. 15,817,670.20 (1) 15,921,561.28-3,308,924.36-440391.08 336,500.00 15,817,670.20-3,308,924.36 (2) 1 (1) (2) 6,000 6,000 45

2004 300 300 300 300 52.356 227.644 280 500 500 (3) % % % % 5,850 97.50 5,850 97.50 300 100.00 300 100.00 225 75.00 225 75.00 32.356 61.80 140.684 61.80 173.04 61.80 500 100.00 500 100.00 2 () 1. 2,006.53 1,449.82 1,161.74 808.61 3,168.27 2,258.53 2. 46

2004 502.77 206.79 502.77 206.79 3. () (%) (1) 155.28 57.36 1.90 0.78 155.28 57.36 1.90 0.78 (2) 24,870.00 1.00 41,950.00 1.68 66,820.00 2.68 (3) 799.25 645.44 11.55 9.83 530.19 321.17 7.66 4.89 1,329.44 966.61 19.21 14.72 4. (1) 4 9 2001 9 1 2011 9 1 38,889.00 2004 233,334.00 (2) A2001 2002 2003 2015 2016 790 5 2003 7 1 2008 6 30 331,800.00 2004 1-6 165,900.00 (3) 2003 12 31 : 1 47

2004 5,000.00 2003/12/25-2009/12/25 [1] 500.00 2003/5/12-2007/5/12 500.00 2003/6/30-2007/6/30 1000.00 2004/4/27-2007/4/27 USD721.228806 2003/3/20-2007/12/31 [2] [1] 2004 5 13 2003 12 25 2007 12 25 5000 2003 3 20 3000 [2]2003 6 20 2003 3 20 2005 12 31 800 () 2004 6 30 800 43 800 () 2004 2 23 [2004] 59 500 () 2003 5 8 2003 5,000 5,000, 2004 6 30 () 2003 8 9 48

2004 10 2004 6 30 ()2004 1 9 ( )2004 1 8 6,500 ( 64.34%)100 2003 12 24 205.256 10%200, 2002 12 31 2004 1 2004 5 24 4000 2 800 2004 6 15, 500 2100 23.81% 6 2004 6 15, 9600 49

2004 50

2004 2004 6 30 2004630 20031231 92,986,754.56 127,691,644.47 146,950,001.87 176,688,812.57 - - 2,340,239.49 3,482,039.49 3,354,391.60 4,189,251.60 - - - - 78,852,473.36 77,750,038.43 69,300,697.94 70,137,669.59 184,046,955.45 2,759,727.13 183,730,466.62 2,351,175.51 2,900,519.38 3,312,350.82 1,509,271.57 2,701,620.58 1,609,838.34 1,609,838.34 2,731,665.31 2,731,665.31 114,164,176.36 139,539,403.32 62,787,557.19 80,898,409.64 13,508.05-38,286.20 - - 476,900,956.94 356,158,550.05 470,364,052.10 339,736,891.00 142,163,097.96 64,808,054.10 119,629,367.76 52,675,101.79 142,163,097.96 64,808,054.10 119,629,367.76 52,675,101.79 8,220,633.38 8,661,024.46 8,220,633.38 8,661,024.46 79,986,472.94 310,177,902.52 72,936,376.74 279,346,050.61 14,998,215.96 43,799,690.31 11,868,934.49 29,822,256.51 64,988,256.98 266,378,212.21 61,067,442.25 249,523,794.10 - - 64,988,256.98 266,378,212.21 61,067,442.25 249,523,794.10 2,702,932.67 2,702,932.67 1,791,740.90 1,791,740.90 26,068,392.78 196,321,059.32 10,914,068.01 125,422,797.32 - - 93,759,582.43 465,402,204.20 73,773,251.16 376,738,332.32 2,670,005.97 2,670,005.97 3,270,038.56 3,270,038.56 - - - - 2,670,005.97 2,670,005.97 3,270,038.56 3,270,038.56 - - 715,493,643.30 889,038,814.32 667,036,709.58 772,420,363.67 51

2004 2004 6 30 2004630 20031231 20,000,000.00 30,000,000.00 50,000,000.00 50,000,000.00 55,000,000.00 55,000,000.00 35,000,000.00 35,000,000.00 48,492,685.39 69,185,048.36 51,202,839.91 65,685,675.33 337,437.01 408,037.11 2,307,831.73 2,719,728.37 1,500,000.00 1,500,000.00 4,000,000.97 4,500,000.97 7,377,192.36 7,805,544.00 5,675,066.11 6,187,561.08 - - -8,081,496.67-8,970,315.03-1,551,911.19-1,702,209.41 2,691.80 32,454.75 1,930.65 72,684.71 3,497,503.70 5,553,763.56 2,075,713.86 10,804,273.03 929,932.35 904,207.35 614,646.11 614,646.11 - - - - - - 129,055,945.94 161,418,740.10 149,326,118.15 173,882,360.19 40,000,000.00 159,868,042.31-61,737,855.31 - - - - 3,320,000.00 15,675,000.00 3,220,000.00 11,130,000.00 2,685,681.35 2,685.681.35 2,685,681.35 2,685,681.35 46,005,681.35 178,228,723.66 5,905,681.35 75,553,536.66 - - 175,061,627.29 339,647,463.76 155,231,799.50 249,435,896.85 9,580,803.63-10,543,129.71 202,040,000.00 202,040,000.00 101,020,000.00 101,020,000.00 - - 202,040,000.00 202,040,000.00 101,020,000.00 101,020,000.00 159,904,150.08 159,904,150.08 260,924,150.08 260,924,150.08 24,779,218.67 24,919,059.35 24,779,218.67 24,779,218.67 8,259,739.56 8,306,353.12 8,259,739.56 8,259,739.56 153,708,647.26 152,947,337.50 125,081,541.33 125,717,968.36 540,432,016.01 539,810,546.93 511,804,910.08 512,441,337.11 715,493,643.30 889,038,814.32 667,036,709.58 772,420,363.67 52

2004 2004 6 30 20041-6 20031-6 208,936,056.66 224,004,139.02 147,145,119.82 155,704,255.34 160,256,387.88 158,297,866.59 117,898,690.43 128,496,713.86 550,355.97-17,940.63-48,679,668.78 65,155,916.46 29,246,429.39 27,189,600.85-2,576,097.07 2,440,957.81 206,913.81 206,913.81 : 2,586,514.48 4,498,767.68 1,561,746.83 3,052,966.08 11,447,749.22 20,056,366.97 9,142,515.21 12,904,805.48 14,109.05 479,455.02 255,233.30 748,163.65-37,207,393.10 42,562,284.60 18,493,847.86 10,690,579.45-15,817,670.20 5,416,892.31-3,308,924.36 4,746,512.14 157,122.00 3,119,420.85 - - 22,510.96 22,510.96 117,054.57 117,054.57 4,918.86 7,746.66-6,433.10-53,199,777.40 51,113,362.06 15,301,978.07 15,547,713.06 4,368,671.47 4,470,868.46 1,052,593.45 1,084,183.81-930,716.22 - -258,073.48-48,831,105.93 47,573,209.82 14,249,384.62 14,721,602.73 125,081,541.33 125,717,968.36 89,283,270.37 89,352,983.73 - - 173,912,647.26 173,291,178.18 103,532,654.99 104,074,586.46 93,227.12 - - 46,613.56 - - - - - - - - - - 173,912,647.26 173,151,337.50 103,532,654.99 104,074,586.46 - - - - 20,204,000.00 20,204,000.00 15,004,000.00 15,004,000.00 - - 153,708,647.26 152,947,337.50 88,528,654.99 89,070,586.46 53

2004 2004 1-6 221,513,346.82 265,695,631.18 2,731,665.32 6,616,989.38 2,911,951.37 3,300,075.99 227,156,963.51 275,612,696.55 212,274,933.23 220,218,962.31 15,087,447.82 25,213,636.44 7,286,032.31 14,862,393.80 5,913,134.41 11,829,362.42 240,561,547.77 272,124,354.97-13,404,584.26 3,488,341.58 1,995,639.70 2,060,656.35 91,000,000.00 73,005,234.01 92,995,639.70 75,065,890.36 23,833,417.77 99,689,792.21 7,052,560.00 7,052,560.00 26,000,000.00 8,000,000.00 56,885,977.77 114,742,352.21 36,109,661.93-39,676,461.85 60,000,000.00 128,024,325.35 4,216,000.00 60,000,000.00 132,240,325.35 50,000,000.00 50,000,000.00 21,668,324.98 23,049,273.18 7000000.00 71,668,324.98 80,049,273.18-11,668,324.98 52,191,052.17 11,036,752.69 16,002,931.90 54

2004 2004 1-6 1 48,831,105.93 47,573,209.82 1,234,215.09 1,134,328.32 3,129,281.47 13,977,433.80 600,032.59 600,032.59 315,286.24 328,561.24 14,109.05 479,455.02-15,817,670.20-5,416,892.31-52,133,198.56-58,640,993.68 ( ) -9,601,165.68-6,839,796.12 ( ) 10,023,419.81 10,293,002.90-13,404,584.26 3,488,341.58 2 3 57,986,754.56 67,952,933.77 46,950,001.87 51,950,001.87 11,036,752.69 16,002,931.90 55

2004 2004 6 30 2003 1231 2004 630 3,880,709.88 4,258,458.81 3,729,533.53 383,676.48 4,113,210.01 151,176.35 5,927.55 145,248.80 396,594.11 756,579.39 1,153,173.50 396,594.11 756,579.39 1,153,173.50 56