A 1

000636

A 1

1 2 2005 12 31 2005 12 31 3 4 5 6 2

200,794,200 72,540 10 6.5 10 3.24 1 2 3 1 2006 3 21 3

2 2006 3 29 3 2006 3 24 3 29 2006 3 24 3 29 9:30 11:30 13:00 15:00 2006 3 24 9:30 3 29 15:00 1 2 27 3 9 2 3 8 3 3 8 4 0758-2844724 2865046 0758 2865059 000036@china-fenghua.com http://www.fenghua-advanced.com http://www.szse.cn http://www.cninfo.com.cn 4

5 2006 2006 3 21

GUANGDONG FENGHUA ADVANCED TECHNOLOGY (HOLDING) CO.,LTD. 000636 1994 3 23 18 18 526020 0758 2844724 0758 2849045 000036@china-fenghua.com http://www.fenghua-advanced.com 2004 / 2003 / 2002 / 127,557.71 105,597.89 101,816.56 2,460.59 2,344.39 2,236.70 0.046 0.044 0.042 1.17% 1.12% 1.08% 349,766.05 329,264.57 312,316.27 39.05% 32.55% 28.28% 6

7 1996 10 6 4 1998 10 8 1999 10 5 1999 10 2 2000 10 5 2000 10 1.5 2001 10 0.4 2002 10 0.25 2003 10 0.5 2004 10 0.5 1 1996 1996 308 1,350 135 8.5 / 2 1998 1998 1998 17 1997 10,700 10 1.5 13.00 / 3 2000 2000 2000 28 4,000 28.50 / ( ) 329,609,295 62.15%

1 225,911,452 42.60% 201,080,451 37.92% 24,831,001 4.68% 2 103,625,303 19.54% 3 72,540 0.01% 200,721,660 37.85% 1 200,721,660 37.85% 530,330,955 100% 8

9 1984 6 15 1994 3 1994 30 40,000,000 1 2,931.7 73.3% 1,068.3 26.7% 1996 1996 308 1,350 135 8.5 / 135 1996 11 29 1997 5 29 A 1,215 1996 11 8 1996 11 29 53,500,000 1997 5 1996 1996 5,350 10 6 32,100,000 10 4 21,400,000 107,000,000 1998 3 1997 1997 10,700 10 1.5 136.71 371.4 405 116,131,100 1998 9 1998 1998 6 30

116,131,100 10 8 92,904,880 209,035,980 1999 9 1999 1999 6 30 209,035,980 10 5 104,517,990 313,553,970 2000 4 4,000 31,861,653 8,138,347 353,553,969 2000 9 2000 2000 6 30 353,553,969 10 5 176,776,983 530,330,955 ( ) 329,609,295 62.15% 1 225,911,452 42.60% 201,080,451 37.92% 24,831,001 4.68% 2 103,625,303 19.54% 3 72,540 0.01% 200,721,660 37.85% 1 200,721,660 37.85% 530,330,955 100% 10

1 18 1996 12 28 1.2 2 1994 9 7 1.2 3 11

100% 26.87% 4 2005 6 30 584,012.26 184,456.39 2005 1-6 74,448.61 5 2005 6 30 35,431.14 2006 2006 12

27,091.05 82.21% ( 14,248.42 26.87% 14,248.42 4,233.50 7.98% 2,677.50 5.05% 1,000.00 2,238.03 4.22% 2,021.10 3.81% 1,672.50 3.15% 71 329,536,755 62.15% 6 270,910,470 51% 58,626,285 11%, 13

5% 14

[2004]3 [2005]86 A 1 200,794,200 72,540 10 6.5 10 3.24 2 15

3 4 1 142,484,170 26.87% - 142,484,170 21.56% 2 42,335,000 7.98% - 42,335,000 6.41% 3 26,775,000 5.05% - 26,775,000 4.05% 4 22,380,300 4.22% - 22,380,300 3.39% 5 20,211,000 3.81% - 20,211,000 3.06% 6 16,725,000 3.15% - 16,725,000 2.53% 7 58,626,285 11.05% - 58,626,285 8.87% 329,536,755 62.14% - 329,536,755 49.87% 200,794,200 37.86% 130,516,230 331,310,430 50.13% 530,330,955 100% 130,516,230 660,847,185 100% 5 5.00% G+12 1 10.00% G+24 21.56% G+36 5.00% G+12 2 6.41% G+24 3 21.90% G+12 6 329,609,295 62.15% 329,656,446 49.88% 16

1 225,911,452 42.60% 1 225,911,452 34.19% 201,080,451 37.92% 201,080,451 30.43% 24,831,001 4.68% 24,831,001 3.76% 2 103,625,303 19.54% 2 103,625,303 15.68% 3 72,540 0.01% 3 119,691 0.02% 200,721,660 37.85% 331,190,739 50.12% 1 200,721,660 37.85% 1 331,190,739 50.12% 530,330,955 100% 660,847,185 100% 7 1 2 3 2005 12 31 2005 12 31 17

4 5 1 2 1 PL QL PF QF V Q PG R 2 V PL QL PF QF 3 18

19 PG V/Q PL QL PF QF /Q 4 R PL PG / PG 3 1 PL 5.35 / 2004 2 25 2006 2 24 2 PF 3.93 / 2005 9 30 3 QL =200,794,200 QF 329,536,755 Q 530,330,955 4 PG V/QPL QL PF QF /Q5.35 200,794,200 3.93 329,536,755 /530,330,955=4.47 R PL PG / PG 5.45-4.47 /4.47 19.69% 10 1.969

4 10 3.24 5 10 6.5 10 3.24 + = 200,794,200 0.65 62.14% 200,794,200+200,794,200 0.65 37.86% =0.324 6 1 2 3 20

, 2006 21

2006 22

1 3 8 3 8 2 3 23

4 5 24

1 35 C 0755 82033336 0755 82033131 2 5022 A 25 0755 82910926 0755 82910422 258 25

2006 26

1 1 2 3 4 2 3 27

1 2 3 4 5 6 7 8 18 0758 2844724 0758 2865059 9 00 11 30 14 30 17 00 28