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2 3 4 10 11 23 28 90 104 107 123 151 166 2017

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2017 2017 A 2018 A 2018 3 12 3 2017

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54.72% 100%3.83% 72.11%1.53% 100%14.03% 100% 3.86% 1.18% 100% 100% 100% 100% 100% 100% 5 2017

33.409% 100% 571 2017 6

H 1.00 01456 1.00 A Wind Choice 2017 1 1 2017 12 31 GDP 7 2017

IB 2017 8

FOF IPO Initial Public Offering PB 9 2017

2017 10

. 1. Guolian Securities Co., Ltd. Guolian Sec 2. 01456 3. 4. 1,902,400,000 81.96 5. IPO 11 2017

6. 8214000 8214000 www.glsc.com.cn glsc-ir@glsc.com.cn 7. 28 18 8 9. 8 8 86 (510) 82833209 86 (510) 82833124 glsc-ir@glsc.com.cn 10. 11. 2017 12

12. 13. 14. H. 1999 1 8 50 2002 1 29 50 10 2008 5 26 10 15 13 2017

2017 14 2015 7 6H 1,500,000,0001,902,400,00015 19.024.

. 2 1. 19 15 01-11 80,000 2011 4 20 1 2 100% 0510-85201212 2. 8 7 700 20,000 2010 1 18 100% 0510-82725172 15 2017

. 1376 1. 1 168 2013 2 8 2,000 0510-87911776 2 9 4 12 1203 2014 3 13 2,000 010-68798616 3 1088 22 2014 3 11 2,000 021-38991500 4 18-20 2014 5 9 2,000 0510-80626007 5 153 2015 5 27 2,000 0510-80501580 6 342 8 2015 6 18 2,000 025-52857988 7 269 1 1805 2015 11 3 2,000 0512-65031456 8 6009 4504 4403-A 2 4501-A 2016 3 1 2,000 0755-82520168 9 365 1 18 1810 1811 2016 9 20 028-80592358 10 125 11 12 801-810 2016 9 1 0731-88570825 11 8 503-506 2017 3 29 0519-86600196 12 1 2407 2408 2017 5 17 0515-88512888 13 9 T1 35 R3 2017 12 29 027-87319678 2017 16

2. 76 13 1 168 2 29 3 153 4 28 5 153 6 97 7 47 8 60 9 11-2500 10 170 172 11 3054 12 388 13 212-1 14 251 15 108 17 2017

16 5 17 6 18 82-12 19 168 20 193 195 21 1 21 22 35 37 23 101 102 24 6 25 241 26 280-17 27 18-20 28 349 29 168 30 616 31 333 32 59-12 2017 18

33 114 116 34 555 35 305-1 301 36 486 37 1672 38 99 106 39 133 224-226 319-321 (3) 40 183 41 61 A1 42 100701 43 8 60 2 206 207 44 188 45 32 46 699 34 47 11101 127 19 2017

48 101 49 8 25 02 03 50 8 503-506 51 9 4 12 1202 52 87 2 53 18 2 12 1505 1506 1507 1508 1509 54 2 1 50105 55 38 56 98 57 865 58 163 59 573 60 207 07 213 01-05 2017 20

61 N23 1701-1703 1710-1711 62 143 4 63 16 21 1#3 1-10 64 290 65 15 8 E2 66 98 1-3 67 426 68 60 3 7 3-1 21 2017

69 666 3 14 7 70 168 6 1 21 71 6009 4504 4403-A 4501-A 72 469 15 C1 C2 C3 73 15 74 A 13-9 75 182 104 106-2 204 76 366 2017 22

. 2017 2016 2015 1,792,803 2,335,667 23.24% 3,833,186 516,678 859,871 39.91% 1,990,334 361,492 610,068 40.75% 1,471,438 3,933,409 2,434,180 261.59% 1,361,726 0.19 0.32 40.63% 0.88 0.19 0.32 40.63% 0.88 (%) 4.82% 8.08% 3.26 24.21% 2017 2016 2015 12 31 12 31 12 31 24,065,998 23,992,481 0.31% 31,173,636 16,473,426 16,096,311 2.34% 23,144,867 6,879,052 9,626,064 28.54% 13,557,301 7,592,572 7,569,143 0.31% 7,735,283 1,902,400 1,902,400 0.00% 1,902,400 3.99 3.98 0.25% 4.07 (%) 1 55.82% 45.04% 10.78 54.42% 1 = 23 2017

40 38.33 16 14.71 % 30 24.21 30 12 23.36 20 20 17.93 8 6.10 10 4 3.61 10 8.08 4.82 % 70 60 54.42 55.82 350 300 311.74 50 45.04 250 231.45 239.92 240.66 40 30 200 150 135.57 160.96 164.73 20 100 77.35 96.26 75.69 75.93 68.79 10 50 2017 2016 2015 2014 2013 1,792,803 2,335,667 3,833,186 2,131,656 1,079,418 1,178,884 1,562,467 1,991,276 1,184,789 739,874 516,678 859,871 1,990,334 963,125 350,710 361,492 610,068 1,471,438 714,955 269,763 2017 24

2017 2016 2015 2014 2013 12 31 12 31 12 31 12 31 12 31 24,065,998 23,992,481 31,173,636 20,448,835 11,932,291 16,473,426 16,096,311 23,144,867 16,100,188 8,471,772 6,879,052 9,626,064 13,557,301 7,768,782 3,455,869 7,592,572 7,569,143 7,735,283 4,082,010 3,209,305 1,902,400 1,902,400 1,902,400 1,500,000 1,500,000 2017 2016 2015 2014 2013 0.19 0.32 0.88 0.48 0.18 0.19 0.32 0.88 0.48 0.18 (%) 4.82% 8.08% 24.21% 18.71% 8.13% 2017 2016 2015 2014 2013 12 31 12 31 12 31 12 31 12 31 (%) 55.82% 45.04% 54.42% 65.70% 59.17% 3.99 3.98 4.07 2.72 2.14 25 2017

40 38.33 16 14.71 % 30 24.21 30 20 21.32 23.36 17.93 12 8 7.15 6.10 20 18.71 10 10.79 4 2.70 3.61 10 8.13 8.08 4.82 % 80 400 80 77.35 75.69 75.93 60 40 59.17 65.70 54.42 45.04 55.82 300 200 204.49 311.74 239.92 240.66 60 40 32.09 40.82 119.32 20 100 20 2017 26

. 2017 2016 2017 12 31 2016 12 31. 2017 12 31 81.96201683.892.30% 2017 12 31 2016 12 31 8,195,809 8,388,624 7,515,896 7,780,447 (%) 399.77 762.27 100% (%) 43.66 56.65 8% (%) 385.54 1,436.32 100% (%) 168.81 200.03 100% (%) 109.05 107.82 20% (%) 104.98 193.69 8% (%) 96.27 179.64 10% (%) 8.97 14.52 100% (%) 9.64 10.56 500% 27 2017

. 2017(IMF)(OECD) 4.1% 1 17 310 12PMI 60.6 GDP 2016 GDP 2017 2016GDP6.9%2016 1 Wind20162017 2018 1 20 2017 28

2017 6.56% 3,307.178.48% 11,040.45 10.67% 1,752.65 10,261 9.26% A 438 2,301.09540 12,705.31 IPO 11,630 14.43% 10 873.88%12.17% 407,862.87 2017 4,0286.53 2017 17.93 23.24% 3.61 40.75% 2017 12 31 240.66 75.93 4.82% 29 2017

1 7.282016 28.03% (1) 2017 2017 30

20173.95 28.28% 50 13,527.9 0.56% 2016 8.20% 102.4201616.23% 2017 2016 2017 12 31 2016 12 31 13,527.9 17,010.8 20.47% 102.4 88.1 16.23% (2) 324.04 19.62% 303.94 19.75%14.73 11.34% 2.67 30.65%2.7 IB38 IBIBIB 1,597 325 15613 IB67.18 31 2017

2014 108,147 18.66 89.26 2016 11 3,070 10.98 49.45 50ETF228.42 43.81% 1,102 104.850.49% 31 1 2017 372 190.63% 101.85 14.83% 2 2.522016 54.04% 2017 1.95 3,969.37 2017 32

(1) 2IPO 11 4.27 2 (2) 12 7 97.6 661 14 (3) 241,486.41 (4) 19 2017 36 Wind 1,729.23 8118 7,031.70269.2 25 9.91 2 287.92 122 974.69 33 2017

3 75.152016 45.55% (1) 2017 2017 53.6 3.49% FOF 260.86 12.24% 84.21 7.41% 169.15 17.04% 7.5 94 37 561 2017 2016 79.89 84.21 37 79.09 78.40 36 169.15 56 144.52 59 7.5 7.5 1 9.5 9.5 1 2017 34

(2) 2017 12 31 2 4 4.832016 11.60% (1) 2017 A 35 2017

18,968 2016 16,015 18.44% 454.092016 399.5213.66% 46.392016 43.795.94% 0.45% 2016 0.47% (2) 2017 50.822016 9.9440.88411.27% 9,488 2016 7,257 30.74%105.132016 73.1743.68% 2017 36

5. 2.182016 47.98% A 2017 300 2017 1 300 1,792.80 23.24% 361.49 40.75%0.19 40.63% 4.82%3.26 37 2017

2 24,066.002016 23,992.480.31% 16,473.432016 16,096.312.34% 7,592.572016 7,569.140.31% 9,370.27 38.94%10,662.51 44.31% 3,547.80 14.74%485.42 2.01% 9,594.37 3,124.13 48.28% 55.82% 2016 45.04% 10.78 = 2.26 2016 1.90 18.95% = 3 2017 38

201760.21 5 2323.21 9 21.01 201772.20201633.00 39.20 4 2017 5-720.39 39 2017

2017-3,933.412016 2,434.18 6,367.592017 703.952016-121.51 825.462017 2,509.07 2016-3,447.91 5,956.982017-720.392016-1,135.23 414.84 6 (1) 516.68 39.91% 2017 2016 793.81 1,316.95 523.14 39.72% 757.87 768.00 10.13 1.32% 235.47 240.61 5.14 2.14% 5.65 10.11 4.46 44.11% 1,792.80 2,335.67 542.87 23.24% 1,178.88 1,562.47 383.59 24.55% 516.68 859.87 343.19 39.91% 143.03 216.26 73.23 33.86% 373.65 643.61 269.96 41.94% 361.49 610.07 248.58 40.75% 2017 40

1,792.80 23.24% 44.28%12.10 42.27%9.39 13.13%2.83 2017 2016 2015 2014 44.28% 56.38% 58.32% 50.66% 42.27% 32.88% 24.13% 17.58% 13.13% 10.30% 17.37% 31.24% 0.32% 0.44% 0.18% 0.52% 100.00% 100.00% 100.00% 100.00% % 100 0.32 13.13 0.44 10.30 0.18 17.37 0.52 31.24 42.27 32.88 24.13 50 17.58 44.28 56.38 58.32 50.66 0 41 2017

44.28% 42.27% 13.13%2016 2017 2016 568.73 795.43 226.70 28.50% 118.10 370.67 252.57 68.14% 48.39 86.94 38.55 44.34% 58.59 63.91 5.32 8.32% 793.81 1,316.95 523.14 39.72% 154.64 281.59 126.95 45.08% 639.17 1,035.36 396.19 38.27% 2017 42

6.10% 7.38% 4.85% 6.60% 14.88% 28.15% 71.64% 60.40% 639.17 38.27% 2017 12% 226.70 28.50% 252.57 68.14% 38.55 44.34% 260.86 12.24% 5.32 8.32% 43 2017

483.52 3.65%2017 2017 2016 255.97 315.25 59.28 18.80% 179.23 91.31 87.92 96.29% 322.67 361.44 38.77 10.73% 757.87 768.00 10.13 1.32% 274.35 301.49 27.14 9.00% 483.52 466.51 17.01 3.65% 59.28 18.80% 87.92 96.29% 38.77 10.73% 2017 27.14 9.00% 2017 44

235.47 2.14%2017 2017 2016 192.08 125.61 66.47 52.92% 23.97 16.85 7.12 42.26% 88.19 52.51 35.68 67.95% 139.21 123.72 15.49 12.52% 133.22 148.08 14.86 10.04% 1.23 9.26 8.03 86.72% 11.03 68.48 57.45 83.89% 0.09 0.08 0.17 212.50% 52.89 80.42 133.31 165.77% 235.47 240.61 5.14 2.14% 45 2017

749.89 23.43% 2017 2016 466.66 567.79 101.13 17.81% 57.15 53.77 3.38 6.29% 218.71 257.05 38.34 14.92% 7.37 100.77 93.40 92.69% 749.89 979.38 229.49 23.43% 101.13 17.81% 3.38 6.29% 38.34 14.92% 2017 46

7.37 93.40 2017 2016 0.80 5.21 6.01 115.36% 5.92 109.13 115.05 105.42% 12.36 0.48 11.88 2,475.00% 0.13 3.63 3.76 103.58% 7.37 100.77 93.40 92.69% 47 2017

(2) 24,066.00 0.31% 9,370.27 25.72%10,662.51 68.32% 3,547.80 23.14% 485.42 13.68% 2017 12 31 2016 12 31 9,370.27 12,615.09 3,244.82 25.72% 10,662.51 6,334.61 4,327.90 68.32% 3,547.80 4,615.77 1,067.97 23.14% 485.42 427.01 58.41 13.68% 24,066.00 23,992.48 73.52 0.31% 2017 48

14.74% 2.01% 38.94% 19.24% 1.78% 44.31% 26.40% 52.58% 3,244.82 25.72% 38.94% 2017 12 31 2016 12 31 6,607.15 9,238.60 2,631.45 28.48% 2,656.83 3,296.27 639.44 19.40% 106.29 80.22 26.07 32.50% 9,370.27 12,615.09 3,244.82 25.72% 49 2017

6,607.15 28.48% 2017 12% 4,327.90 68.32% 44.31% 2017 12 31 2016 12 31 4,609.34 4,353.21 256.13 5.88% 6,053.17 1,981.40 4,071.77 205.50% 10,662.51 6,334.61 4,327.90 68.32% 4,609.34 5.88% 6,053.17 205.50% 2017 50

1,067.97 23.14% 14.74% 2017 12 31 2016 12 31 125.45 219.26 93.81 42.78% 1,060.32 1,664.02 603.70 36.28% 2,362.03 2,732.49 370.46 13.56% 0.00 0.00 0.00 0.00% 3,547.80 4,615.77 1,067.97 23.14% 603.70 36.28% 4.41% 2017 12 31 2016 12 31 637.44 549.95 87.49 15.91% 161.06 267.12 106.06 39.71% 142.66 98.53 44.13 44.79% 15.92 72.31 56.39 77.98% 103.24 676.11 572.87 84.73% 1,060.32 1,664.02 603.70 36.28% 51 2017

370.46 13.56%9.81% 2017 12 31 2016 12 31 2,120.48 2,386.48 266.00 11.15% 69.69 166.63 96.94 58.18% 121.86 129.19 7.33 5.67% 50.00 50.19 0.19 0.38% 2,362.03 2,732.49 370.46 13.56% 485.42 58.41 13.68%2.01% 2017 12 31 2016 12 31 98.60 105.57 6.97 6.60% 0.00 0.00 0.00 0.00% 26.58 27.63 1.05 3.80% 21.48 8.61 12.87 149.48% 338.76 285.20 53.56 18.78% 485.42 427.01 58.41 13.68% 2017 52

(3) 16,473.43 377.12 2.34% 6,879.05 28.54% 297.91 66.23% 7,220.00 118.79% 2,076.47 9.24% 2017 12 31 2016 12 31 6,879.05 9,626.06 2,747.01 28.54% 297.91 882.24 584.33 66.23% 7,220.00 3,300.00 3,920.00 118.79% 0.00 0.24 0.24 100.00% 2,076.47 2,287.77 211.30 9.24% 16,473.43 16,096.31 377.12 2.34% 53 2017

12.60% 14.22% 41.76% 20.50% 43.83% 5.48% 59.80% 1.81% 2017 12 31 2016 12 31 600.00 0.00 600.00 100.00% 6,620.00 3,300.00 3,320.00 100.61% 7,220.00 3,300.00 3,920.00 118.79% 3,920.00 2017 54

2017 12 31 2016 12 31 157.88 255.26 97.38 38.15% 211.47 245.03 33.56 13.70% 1,707.12 1,787.48 80.36 4.50% 2,076.47 2,287.77 211.30 9.24% 97.38 38.15% 33.56 13.70% 80.36 4.50% 55 2017

(4) 7,592.57 3.84% 2017 12 31 2016 12 31 1,902.40 1,902.40 0.00 0.00% 2,178.48 2,178.48 0.00 0.00% 1,719.07 1,672.23 46.84 2.80% 1,792.62 1,816.03 23.41 1.29% 0.00 327.03 327.03 100.00% 7,592.57 7,896.17 303.60 3.84% (5) (i) (ii)(iii) (iv) (v) (i)(ii) (iii)(iv)(v)(vi) 2017 56

2017 2016 (%) (%) 727.59 42.91 1,011.02 41.74 482.64 28.46 432.48 17.85 251.81 14.85 547.87 22.62 217.75 12.84 147.15 6.07 75.15 4.43 138.00 5.70 44.94 2.65 157.65 6.51 14.44 0.84 11.83 0.49 1,695.56 100.00 2,422.34 100.00 2017 2016 (%) (%) 513.88 43.59 589.09 37.70 248.58 21.09 256.49 16.42 192.78 16.35 395.31 25.30 10.36 0.88 75.36 4.82 34.09 2.89 37.53 2.40 202.81 17.20 220.52 14.12 2.90 0.24 11.83 0.76 1,178.88 100.00 1,562.47 100.00 57 2017

2017 2016 (%) (%) 213.71 41.36 421.93 49.07 234.06 45.30 175.99 20.47 59.03 11.42 152.56 17.74 228.12 44.15 71.79 8.35 41.05 7.95 100.47 11.68 247.75 47.95 62.87 7.31 11.54 2.23 0.00 0.00 516.68 100.00 859.87 100.00 7 2017 58

1 (1) 4 [2017]82 8 [2017]347 7 1 2 3 4 6009 4504 4403-A 4501-A 168 6 1 21 469 15 C1 C2 C3 538 2399 1 8 03 59 2017

5 6 7 8 9 42 103 366 15 A 13-9 182 (2) 4 [2017]8 2 8 [2017]23 1 2017 60

2 33.3% 3 373 1 2016 9 19 2016 H A 63,413 A 2016 12A 2017 6 29 2016 2017 H A A 12 A 61 2017

2 2017 60.21 21.012017 12 31 72.20 2017 (1) 93 2017 12 316 30,000 2017/4/20 2017/7/20 91 4.70% 30,000 2017/7/21 2018/1/19 182 5.10% 30,000 2017/11/16 2018/5/17 182 5.10% (2) 23.21 3.01 2017 12 31 23.20 20,000 2015/4/24 2017/4/20 727 6.40% 10,000 2015/4/30 2017/4/26 727 6.36% 5,000 2017/6/27 2018/4/19 296 4.50% 30,000 2017/7/11 2018/1/11 184 5.00% 30,000 2017/7/13 2018/7/13 365 5.30% 30,000 2017/9/28 2018/3/27 180 5.25% 30,000 2017/11/7 2018/11/6 365 5.20% 20 2017/11/14 2017/11/20 7 4.50% 3,000 2017/11/28 2018/2/27 91 4.70% 30,000 2017/11/28 2018/5/28 182 5.50% 30,000 2017/12/22 2018/12/20 364 5.60% 40 2017/12/19 2017/12/25 7 5.00% 30,000 2017/12/20 2018/9/20 275 5.75% 2,000 2017/12/20 2018/3/20 90 5.30% 2,000 2017/12/25 2018/3/25 90 4.90% 10,000 2017/12/27 2018/6/27 182 5.40% 2017 62

(3) 15 2017 12 3115 150,000 2014/10/31 2017/10/31 1095 6.20% 150,000 2016/7/29 2021/7/29 1825 3.89% (4) 23 2017 12 31 23 100,000 2017/8/24 2020/8/24 1095 5.00% 80,000 2017/9/14 2019/9/14 730 4.95% 50,000 2017/11/16 2019/11/16 730 5.30% (5) 5 2017 12 31 5 50,000 2017/7/11 2018/4/11 274 5.00% 3 3.54 33.3 63 2017

1 (1) PB2017 2016 202,013 258,227 198.94 75.40 2017 PB 2017 64

1 2015 3 2 3 2APP Level-2 k 30 40123% 26 2015 1 16 2015 2 92017 12 31 1,102 34 2014 10 13 8,14746.32 2016 11 3 24 3,07011.05 65 2017

5 2014 8 81 8,030 6 PB2015 6PB 3650 PB 319.3 (2) (3) 2018 2017 66

PB 2 2016 3 A 3 67 2017

2017 12 31904,514 1,708,434 123,260 120,17445 3 2017 68

. 2015 69 2017

20173113.2866.37% 32.55% + 2017 70

12962 66 6370 61 102 1,305 7270% 19143.063 1.091336 2016 2017 71 2017

1 2017 GDP 8.592017 GDP1.05 7.4% GDP 1.5 0.9% A73 2.1% 5,640 1.0% 2016 2017A IPO 13 15 5.8% 3.4% 7 53 34 2 2015 7 6 40,240 H 2016 A 2017 72

3 FOF 4 1999 2014-2016 A A 2017 B BBB 73 2017

5 2018 2018A 2017 74

1 (1) (2) (3) (4) 2 75 2017

3 (1)(2) (3) (4) 4 5 2017 76

6 7 77 2017

2017 78

. 2016 2017 6 292016 2016 2016 12 31 H1,902,400,000H 101.4 266,336,000.00 H 2016 0.874414 1.00 20162017 8 29 2017 2017395,228,392.72 10%10%10% 118,568,517.81276,659,874.91 1,596,724,731.99 2016 266,336,000.00 1,607,048,606.90 79 2017

A 2017 A2018. [2015]1024 2015 7 640,240.00 H 8.00309,732.63 244,397.63 (2015) 956 2017 12 31234,397.78 H 31,262.90 9.21 26,224.78 2017 80

(1) 45.00%115,763.72 (2) 20.00% 52,415.77 (3) 15.00% 38,608.12 (4) 10.00% 0.06 (5) 10.0% 27,610.11 2016 7 29 10% 81 2017

21,763.72 115,763.72 100% 9,415.77 52,415.77 100% 1,608.12 38,608.12 100% 27,609.90 27,610.11 100% 0.06 0.06 60,397.57 234,397.78 90% H.. 2017 82

.... 18 18 83 2017

. XV (i) XV 7 8 (ii) 352 (iii). 2015 6 15 2017 84

13 2017 2 [2016]253. 36 H 23.267% 8.08(1)(d) 85 2017

H [1993]045[2011]348 10% 10% 10% (1) 10% (2) 10% 20% (3)20% 2006 8 21 [2006]884 10% 25%5% 2008 1 1 10% 2017 86

2008 11 6 H [2008]897 H2008 10% [2014]81 HH20% H H 12 37 4.67% 5% 87 2017

21 1 2 3 2017 88

2. 2018 3 12 89 2017

.. 1,000 2012 11 92012 2015 32015 8 1,049 2015 12 2017 90

2013 3 29 2012 650 2014 6 20 2014 7 10 2014 10 2015 6 650 2015 3 12 2015 6 10 754 2017 9 28. 823.34 157.20 2017 12 31 2,636.67 2017 7 18 2027 7 1710 860.832017 8 1 2027 7 3110 596.07 2017 12 1 2022 11 305. 2017 12 31 50 14A 14A 14A 91 2017

2015 6 15 2017 12 31 2016 6 3 0.1% 5% 1 (1) IB (2) (3) (4) (1) Wind 0.04% 2017 92

2002 4 [2002]21 3 (2) IB IB IB IB (3) 93 2017

(4) (5) Wind (6) 2017 94

2017 2017 IB 565 134.9 733 210.5 3,000 118.2 400 69.7 3,000 300.9 2 95 2017

2017 2017 2,000 1,347.3 650 226.8 500 106.2 (1) (2) (3) (1) (2) 2017 96

(3) (4) 14A 2017 12 11 2018 2019 2020 0.1% 5% 14A 2018 1 12020 12 31 2017 12 11 97 2017

(1) (2) (i) (ii) (iii) (3) (4) 1 2017 5 10 1.51.4 0.1 2017 98

2017 5 10 14 0.1% 5% 14A.45 14A.47 14A 2 33.3% 2017 7 633.3% 3.54 2017 7 6 2017 9 28 14 5% 25% 1414 33.3% 14A.07(1) 14A 14A.101(1)(2) (3) 14A 99 2017

3 2017 8 8 106 2017 8 8 14 0.1% 5% 3,000,000 14A.45 14A.47 14A. 33.3%.. 2017 100

. 103 2 22 7 2 2 A IPO A IPO 48 2015 1 H IPO 2015 4 2016 2015 101 2017

(1) (2) 2016A IPO 2016 20178 2017 4. 2018 1 16 2017 2017 102

392,118.13 2018 1 22. 2018 1 16 2017 2,799.82 10% 10%10%839.95 1,959.87 12,720.91 14,680.78 201714,680.78 103 2017

. 1,902,400,000 1,459,760,000 H 442,640,000. 12412 H112 10 543,901,329 28.59% 442,487,500 23.26% 23,000 1 390,137,552 20.51% 266,899,445 14.03% 73,500,000 3.86% 73,500,000 72,784,141 3.83% 29,113,656 1.53% 24,000,000 1.26% 22,500,000 1.18% 18,000,000 0.95% 1 H 28.59% 43.76%72.35% 2017 104

. 10% 1997 12 80 1987 1 12.3 1986 3 3.19506. 2017 12 31 XV 2 3 336 H 5 6 6 1 1,376,336,123 (L) 72.35% 94.29% 390,137,552 (L) 20.51% 26.73% 2 266,899,445 (L) 14.03% 18.28% 266,899,445 (L) 14.03% 18.28% 3 73,500,000 (L) 3.86% 5.04% 73,500,000 (L) 3.86% 5.04% H 48,964,500 (L) 2.57% 11.06% Central Huijin Investment Ltd. 4 H 27,513,000 (L) 1.45% 6.22% H 27,513,000 (L) 1.45% 6.22% 105 2017

1 543,901,329 (i)390,137,552 (ii)266,899,445(iii)73,500,000(iv)72,784,141 (v)29,113,656 2 266,899,445 3 73,500,000 4 Central Huijin Investment Ltd. 27,513,000 H 5 (L) 6 2017 12 31 1,459,760,000442,640,000 H1,902,400,000 2017 12 31 336. 2017 106

. (H 46 2016.06.16-2019.06.15 5 2016.06.16-2017.03.08 2017.03.08-2019.06.15 51 2016.06.16-2019.06.15 83.53 2016.06.16-2019.06.15 52 2016.06.16-2019.06.15 49 2016.06.16-2019.06.15 40 2016.06.16-2019.06.15 55 2016.06.16-2019.06.15 41 2016.06.16-2019.06.15 12 76 2016.07.05-2019.06.15 12 40 2017.03.10-2019.06.15 9 59 2016.06.16-2017.03.10 3 2017.01.16 2017.03.10 107 2017

(H 47 2017.03.10-2019.06.15 66.80 2016.06.16-2017.01.17 2017.01.17 55 2016.06.16-2019.06.15 39 2017.03.10-2019.06.15 49 2016.06.16-2019.06.15 22.17 44 2016.06.16-2019.06.15 31.08 41 2016.06.16-2019.06.15 54.30 36 2016.09.19-2019.06.15 66.80 43 2017.01.23-2018.01.16 272,993 4 66.80 2018.01.16 53 2016.06.16-2019.06.15 66.80 36 2017.01.20-2019.06.15 58.40 43 2016.06.16-2019.06.15 67.45 2016.06.16-2017.01.20 2017.01.20 1 2 3 4 QDII2015 H 272,993 H 5 2017 108

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. 2017625.13 12 111 2017

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52 2008 532 2002 12002 1 2004 12 1986 7 1991 12 1992 1 2001 12 2001 11 2004 12 2004 3 2007 3 2005 1 2012 6 2012 5 2013 9 2004 11 2015 12 2008 9 2015 12015 1 12 2008 11 2016 6 2010 9 2016 6 2013 5 2014 3 2014 3 2017 3 2006 8 2009 6 2009 6 2016 3 2015 5 2016 82016 3 2017 32012 62016 3 2017 51986 7 2009 10 2004 11 2017 114

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41 2014 10 1996 7 2004 8 2004 9 2006 7 2010 4 2013 6 2016 4 2017 9 2006 12009 12 2007 4 76 2016 71974 9 1975 7 1975 7 1990 5 Bunnan Tong & Company Limited 1990 7 1996 8 Novel Year Company Limited1996 9 2000 4 2011 9 2013 101966 1976 2011 402017 3 2006 9 2007 22007 3 2011 92016 3 2017 1 2007 4 2017 116

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44 2016 6 1993 7 2014 12 2000 7 41 2005 8 2006 12 2006 12 2011 6 2011 7 2012 12 2013 1 2013 12 2012 5 2017 7 2017 2 2017 7 2016 4 2017 9 2012 7 2015 102005 7 362008 5 2010 8 2010 8 2011 6 2011 6 2014 1 2014 2 2016 6 2008 1 43 2017 1 2018 1 1993 7 2000 12 2001 1 2017 1 2017 7 2018 1 2009 6 2017 118

53 1993 3 2005 12 2006 1 2015 12 2012 2 2013 9 2016 11 2005 10 36 2003 8 2007 11 2007 12 2009 122010 1 2015 3 2015 4 2016 12 2015 4 2016 122016 6 2016 12 2017 6 2003 6 43 1998 7 2004 122005 1 2010 4 2010 4 2014 122015 3 2017 12015 3 2017 3 2015 3 1998 7 2011 6 119 2017

. 1441 50 3.47% 83 5.76% 905 62.80% 60 4.16% 9 0.62% 50 3.47% 51 3.54% 60 4.16% 36 2.50% 8 0.56% 64 4.44% 26 1.80% 36 2.50% 3 0.21% 1,441 100.00% 100 6.94% 939 65.16% 397 27.55% 5 0.35% 1,441 100.00% 2017 120

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. 2017 12 31 62 452 2017 122

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4. 2017 4 28 2017 5. 2017 6 29 6. 2017 7 182017 127 2017

7. 2017 8 25 2017 20172017 8. 2017 9 15 2017 6 30 2017 6 30 9. 2017 11 6 2017 128

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3. 2017 8 25 2017 4.. 2017 11 21 A+H 2017 3 102017 2017 3 10 2017 130

2016 6 16 3.13 131 2017

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2. 3. (a) (b)(c) A.6.5 133 2017

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2017. LED 2017 2017 10,847.84 156.65 7.62 32.02 151 2017

2017 15.30 OA 24 201730,178.34 UPS UPS 2017660.09 8.97 2017 152

2017 17 01 4.6 2017 2017 39.64 32.02 7.62 0.000469 8.97 0.012375 UPS 8.96 0.00011 660 339 321 0.008 30,178.34 0.38 10,847.84 0.135 156.65 0.00195 15.30 153 2017

. 2017 154

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360 4,000 42,030 1,21016,953 400 OA55852,600 E-learning 318 48 E 195 E 59,49843 159 2017

/ 95,968 251 2017 114,141 105,923 3,280 4,938 79.2 2017 160

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2017 2017 0 0 1 44,764 4 177 302 163 2017

148,800 92,700 43 2017 2016 16 10 2017 164

50 8 165 2017

172 300 2017 12 31 2017 12 31 2017 166

(1) (2) (3) 2017 12 31 475,583 241,267 167 2017

2017 12 31 1,044,393 941,158 103,235 26 2017 168

169 2017

2017 170

. 2018 3 12 171 2017

2017 12 31 2017 2016 6 793,813 1,316,948 7 757,869 767,998 8 235,472 240,612 9 5,649 10,109 1,792,803 2,335,667 10 (154,642) (281,594) 11 (274,350) (301,493) 12 (466,663) (567,789) 13 (57,152) (53,771) 14 (218,712) (257,046) 15 (7,365) (100,774) (1,178,884) (1,562,467) (80,912) 27,539 16 (16,329) 59,132 516,678 859,871 17 (143,030) (216,262) 373,648 643,609 361,492 610,068 18 12,156 33,541 373,648 643,609 19 0.19 0.32 2017 172

2017 12 31 2017 2016 373,648 643,609 1,136 (2,717) 122,284 (4,355) (199,679) (12,352) 19,349 4,176 (56,910) (15,248) 316,738 628,361 304,582 594,820 12,156 33,541 316,738 628,361 173 2017

2017 12 31 2017/12/31 2016/12/31 21 98,599 105,572 22 26,582 27,625 24 125,448 219,256 25 29,173 20,178 26 161,104 887,418 27 1,461,393 432,100 28 21,477 8,605 29 106,290 80,216 2,030,066 1,780,970 30 309,579 265,035 26 899,211 776,601 31 4,609,341 4,353,213 27 4,591,780 1,549,296 32 2,362,037 2,732,492 33 2,656,833 3,296,270 34 4,655,092 6,773,686 35 1,952,059 2,464,918 22,035,932 22,211,511 24,065,998 23,992,481 36 1,902,400 1,902,400 37 2,178,478 2,178,478 37 1,719,074 1,672,232 1,792,620 1,816,033 2017 174

2017 12 31 2017/12/31 2016/12/31 7,592,572 7,569,143 327,027 7,592,572 7,896,170 38 3,800,000 1,500,000 3,800,000 1,500,000 39 355,402 436,573 13,947 63,712 38 2,820,000 1,800,000 41 600,000 42 244 43 297,910 882,240 44 1,707,115 1,787,478 45 6,879,052 9,626,064 12,673,426 14,596,311 16,473,426 16,096,311 24,065,998 23,992,481 172 3002018 3 12 175 2017

2017 12 31 2017 1 1 1,902,400 2,178,478 1,672,232 1,816,033 7,569,143 327,027 7,896,170 361,492 361,492 12,156 373,648 (56,910) (56,910) (56,910) (56,910) 361,492 304,582 12,156 316,738 (266,336) (266,336) (266,336) 118,569 (118,569) (14,817) (14,817) (339,183) (354,000) 2017 12 31 1,902,400 2,178,478 1,719,074 1,792,620 7,592,572 7,592,572 2016 1 1 1,902,400 2,178,478 1,522,573 2,131,832 7,735,283 293,486 8,028,769 610,068 610,068 33,541 643,609 (15,248) (15,248) (15,248) (15,248) 610,068 594,820 33,541 628,361 (760,960) (760,960) (760,960) 164,907 (164,907) 2016 12 31 1,902,400 2,178,478 1,672,232 1,816,033 7,569,143 327,027 7,896,170 2017 176

2017 12 31 2017 2016 516,678 859,871 57,152 53,771 7,365 100,774 226 (368) 64,016 (12,024) 24,971 (55,978) 80,912 (27,539) 209,546 336,946 (192,080) (125,605) (23,968) (16,846) 744,818 1,113,002 (256,930) 1,737,352 359,082 (206,554) (4,294,248) 481,457 (26,074) 47,928 2,118,594 3,559,301 617,046 562,700 (38,193) (26,398) (2,747,012) (3,931,237) (584,330) 454,244 600,000 (102,480) (149,290) (133,250) (926,251) (3,742,977) 2,716,254 (190,432) (282,074) (3,933,409) 2,434,180 177 2017

2017 12 31 2017 2016 23,968 16,846 14,032 15,064 2,256 507 (60,612) (56,093) (430,592) (1,040,563) 1,154,900 948,731 (6,000) 703,952 (121,508) (266,336) (760,960) 5,120,600 2,100,000 (1,800,600) (4,450,000) (190,598) (336,946) (354,000) 2,509,066 (3,447,906) (24,971) 55,978 (720,391) (1,135,234) 3,788,648 4,867,904 46 3,043,286 3,788,648 2017 178

2017 12 31 1. ) 1992 11 32,000 1999 1 82008 5 16 ( ) 1,500,000 2015 7 6 ( ) H ) H IPO ) 402,400,000 1 1,902,400 2017 12 311,902,400 13120000 91320200135914870B 8 ( ) 2018 3 12 179 2017

2017 12 31 2. 7 12 12 2014-2016 7 (i) (ii) (iii)(iv) (v) 49 49 2017 180

2017 12 31 2. 9 1 15 1 16 2 17 4 22 1 23 2 2 1 4 4 9 1 9 2 10 28 3 19 2 28 2 40 1 28 2014-2016 1 2015-2017 2 1 2018 1 1 2 2019 1 1 3 4 2021 1 1 181 2017

2017 12 31 2. 9 9 9 9 39 9 9 39 2017 182

2017 12 31 2. 9 9 39 2017 12 319 26 9 26 9 26 9 2018 1 1 183 2017

2017 12 31 2. 9 39 9 2018 1 1 1% 9 9 2018 1 1 9 2018 1 1 1% 2017 184

2017 12 31 2. 15 15 1518 11 15 15 1 2 3 4 5 15 15 15 2016 4 15 15 185 2017

2017 12 31 2. 16 2016 1 16 2019 1 1 16 1617 16 16 47 2017 12 31202,870 2016 12 31 175,176 16 2017 186

2017 12 31 2. 16 11,235 90 17 16 3. 187 2017

2017 12 31 3. 2 17 2 36 2017 188

2017 12 31 3. 189 2017

2017 12 31 3. 2017 190

2017 12 31 3. (1) (2) 39 191 2017

2017 12 31 3. 12 19 2 5 2017 192

2017 12 31 3. 193 2017

2017 12 31 3. 39 36 36 2017 194

2017 12 31 3. 39 195 2017

2017 12 31 3. 0-5% 30 0-5% 6 0-5% 2-5 2017 196

2017 12 31 3. 197 2017

2017 12 31 3. 2017 198

2017 12 31 3. 199 2017

2017 12 31 3. 2017 200

2017 12 31 3. 201 2017

2017 12 31 3. 2017 202

2017 12 31 3. 39 203 2017

2017 12 31 3. 2017 204

2017 12 31 3. 205 2017

2017 12 31 3. 2017 206

2017 12 31 3. 207 2017

2017 12 31 3. 2017 208

2017 12 31 3. 39 209 2017

2017 12 31 3. 2017 210

2017 12 31 3. (i) (ii) 211 2017

2017 12 31 3. (i) (ii) (iii) (iv) (v) (vi) 2017 212

2017 12 31 3. 213 2017

2017 12 31 3. 4. 3 27 31 2017 214

2017 12 31 4. 26 215 2017

2017 12 31 4. 28 1) 2) 3) 2017 216

2017 12 31 5. (a) (b) (c) (d) (e) ; (f) 2017 10% 217 2017

2017 12 31 5. 2017 12 31 727,760 482,636 250,216 217,754 76,129 52,742 (14,434) 1,792,803 568,728 166,490 58,595 793,813 14,434 (14,434) 158,660 482,636 39,701 9,965 19,417 47,490 757,869 29,591 207,789 (1,908) 235,472 372 25 5,252 5,649 (513,880) (248,577) (192,779) 10,362 (34,093) (202,811) 2,894 (1,178,884) 213,880 234,059 57,437 228,116 42,036 (150,069) (11,540) 613,919 (174) 1,596 2,166 (19,917) (16,329) (3,149) (77,763) (80,912) 213,706 234,059 59,033 228,116 41,053 (247,749) (11,540) 516,678 6,402,279 10,876,245 1,323,288 1,723,058 2,405,760 2,423,173 (1,087,805) 24,065,998 6,292,781 7,835,454 272,103 48,772 1,790,282 222,494 11,540 16,473,426 16,945 108,503 125,448 32,124 223,522 11,789 1,531 6,863 (1,479) 274,350 24,201 1,585 2,225 578 2,514 26,049 57,152 ( (1) (13,212) (12,267) 19,700 (1,655) 70 (7,365) 16,627 24 2,559 14 65 41,323 60,612 2017 218

2017 12 31 5. 2016 12 31 1,009,085 432,483 545,220 147,152 142,743 70,819 (11,835) 2,335,667 795,432 457,610 63,906 1,316,948 11,085 (11,085) 212,102 432,483 29,453 4,195 28,254 61,511 767,998 47,072 142,957 50,583 240,612 1,551 8,558 10,109 750 (750) (589,093) (256,488) (395,307) (75,366) (37,530) (220,518) 11,835 (1,562,467) 419,992 175,995 149,913 71,786 105,213 (149,699) 773,200 1,932 2,646 (4,818) 59,372 59,132 77 27,462 27,539 421,924 175,995 152,559 71,786 100,472 (62,865) 859,871 8,928,378 6,715,269 1,652,310 2,110,374 2,778,953 2,541,062 (733,865) 23,992,481 8,838,910 4,127,812 639,545 103,635 2,142,081 244,328 16,096,311 20,094 199,162 219,256 43,963 237,364 8,722 789 6,680 3,965 301,493 13,850 198 2,282 14 10 37,417 53,771 ( 1,948 (1,661) (32,574) (67,240) (410) (837) (100,774) 10,146 12 3,739 15 21 42,160 56,093 219 2017

2017 12 31 6. 2017 2016 568,728 795,432 118,104 370,672 48,386 86,938 58,595 63,906 793,813 1,316,948 7. 2017 2016 322,669 361,443 255,967 315,248 179,233 91,307 757,869 767,998 2017 220

2017 12 31 8. 2017 2016 192,080 125,605 23,968 16,846 88,192 52,508 (139,206) (123,715) 133,223 148,084 1,231 9,260 (11,030) (68,478) (99) 85 (52,887) 80,417 235,472 240,612 9. 2017 2016 5,420 9,959 229 150 5,649 10,109 221 2017

2017 12 31 10. 2017 2016 150,493 206,559 2,212 71,849 180 1,937 3,006 154,642 281,594 11. 2017 2016 209,546 240,437 20,075 17,081 32,232 43,963 12,497 12 274,350 301,493 12. 2017 2016 335,458 453,527 68,131 59,983 35,971 30,548 7,576 6,536 19,527 17,195 466,663 567,789 2017 222

2017 12 31 12. 12.1 2017 12 31 2017 2016 5,309 9,522 18,812 21,234 24,121 30,756 2017 2016 3,000,001 5,000,000 4 5,000,001 7,000,000 1 3 7,000,001 9,000,000 1 9,000,001 11,000,000 1 5 5 223 2017

2017 12 31 13. 2017 2016 22,977 21,276 24,532 24,450 9,643 8,045 57,152 53,771 14. 2017 2016 9,742 44,489 59,168 57,211 17,910 22,783 18,535 17,939 18,634 13,659 22,152 23,647 9,789 9,727 7,647 16,462 (1) 1,860 2,160 53,275 48,969 218,712 257,046 (1) 2017 12 31 2016 (2016) 2017 224

2017 12 31 15. 2017 2016 (5,920) 109,135 802 (5,212) 124 (3,627) 12,359 478 7,365 100,774 16. 2017 2016 (24,971) 55,978 8,642 3,154 (16,329) 59,132 225 2017

2017 12 31 17. 2017 2016 136,553 250,785 28 6,477 (34,523) 143,030 216,262 25% 25% 2017 2016 516,678 859,871 25% 129,170 214,968 (2,450) (5,637) 25,378 1,956 (9,068) 4,975 143,030 216,262 2017 226

2017 12 31 18. 2017 2016 12,156 33,541 19. 19.1 2017 2016 361,492 610,068 1,902,400 1,902,400 0.19 0.32 19.2 2017 12 31(2016 227 2017

2017 12 31 20. 2017 12 31(2016 0.14 266,336 (1) (2) 10% (3) 10% (4) 10% (5) (1) (2) 2017 228

2017 12 31 21. 2017 1 1 155,303 9,419 162,055 326,777 18,485 18,485 (666) (17,097) (17,763) 2017 12 31 155,303 8,753 163,443 327,499 2017 1 1 (84,069) (8,102) (129,034) (221,205) (5,530) (746) (16,701) (22,977) 633 14,649 15,282 2017 12 31 (89,599) (8,215) (131,086) (228,900) 2017 12 31 65,704 538 32,357 98,599 229 2017

2017 12 31 21. 2016 1 1 155,303 10,769 146,244 312,316 23,347 23,347 (1,350) (7,536) (8,886) 2016 12 31 155,303 9,419 162,055 326,777 2016 1 1 (78,539) (8,140) (121,997) (208,676) (5,530) (1,245) (14,501) (21,276) 1,283 7,464 8,747 2016 12 31 (84,069) (8,102) (129,034) (221,205) 2016 12 31 71,234 1,317 33,021 105,572 2017 12 31 (226) (2016368 2017 230

2017 12 31 22. 10,316 23. 23.1 2017 12 31 2017 2016 12 31 12 31 2011 4 800,000 100.00% 66.70% 2010 1 200,000 100.00% 100.00% 23.2 2017 7 6 33.3% 33.3% 2017 9 2 354 2017 12 31 231 2017

2017 12 31 24. 2017 12 31 2017 12 31 33.41% 1 33.33% 2 1 2 2017 232

2017 12 31 24. 2017 2016 219,256 203,498 6,000 (80,912) 27,539 1,136 (2,717) (14,032) (15,064) 125,448 219,256 2017 2016 707,745 762,049 351,266 616,154 108,503 199,161 (226,288) 91,889 3,400 (8,134) (77,763) 27,462 1,136 (2,717) 233 2017

2017 12 31 24. 2017 2016 50,850 60,299 50,836 60,284 16,945 20,095 (9,169) 142 (3,149) 77 25. 2017/12/31 2016/12/31 (1) 29,173 20,178 (1) 2017 2016 20,178 18,990 18,638 9,251 (18) (9,643) (8,045) 29,173 20,178 2017 234

2017 12 31 26. 2017/12/31 2016/12/31 103,235 121,914 15,922 72,305 41,947 139,002 (1) 554,197 57,869 765,504 161,104 887,418 161,104 887,418 235 2017

2017 12 31 26. 2017/12/31 2016/12/31 (2) 637,437 549,954 142,660 98,530 119,114 128,117 899,211 776,601 259,358 128,479 472,091 432,236 167,762 215,886 899,211 776,601 (1) 2016 12 31 ) 2015 500,000 (2) 2017 12 3117,148 (2016 12 31 14,399 (3) 2017 12 31142,499 (2016 12 31 0 2017 236

2017 12 31 27. 2017/12/31 2016/12/31 1,465,790 433,400 (4,397) (1,300) 1,461,393 432,100 841,458 619,935 432,100 1,461,393 432,100 2017/12/31 2016/12/31 3,721,455 634,087 881,490 917,112 (11,165) (1,903) 4,591,780 1,549,296 237,790 753,712 3,503,200 300,793 850,790 494,791 4,591,780 1,549,296 237 2017

2017 12 31 27. 2017 12 31 (2016 12 31 173,5572017 12 31(2016 12 31 28. (1) 2017/12/31 2016/12/31 8,605 (30,094) 17 (6,477) 34,523 19,349 4,176 21,477 8,605 2017 238

2017 12 31 28. (2) 2016 1 1 14,100 13,339 27,439 20,562 7,823 28,385 2016 12 31 34,662 21,162 55,824 (15,676) 2,510 (8,196) (21,362) 2017 12 31 18,986 2,510 12,966 34,462 239 2017

2017 12 31 28. (3) 2016 1 1 24,331 2,102 4 31,096 57,533 / (1,854) 21 (4,305) (6,138) (4,176) (4,176) 2016 12 31 20,155 248 25 26,791 47,219 (248) (25) (14,612) (14,885) (19,349) (19,349) 2017 12 31 806 12,179 12,985 (4) 2017/12/31 2016/12/31 21,477 8,605 2017 240

2017 12 31 29. 2017/12/31 2016/12/31 76,738 42,205 27,645 35,219 1,907 1,172 ( ) 1,620 106,290 80,216 30. 2017/12/31 2016/12/31 (1) 220,896 188,194 (2) 39,385 48,174 31,048 13,671 19,122 15,744 (872) (748) 309,579 265,035 241 2017

2017 12 31 30. 1 2017/12/31 2016/12/31 156,955 116,362 60,234 70,320 3,707 1,512 220,896 188,194 2 2017/12/31 2016/12/31 1 37,928 41,156 1 2 1,457 7,018 39,385 48,174 31. 2017/12/31 2016/12/31 4,623,242 4,366,312 (13,901) (13,099) 4,609,341 4,353,213 2017 242

2017 12 31 31. 2017 12 3113,901 (2016 12 3113,099 2017 12 31 13,626,700 (2016 12 3113,716,076 32. 2017/12/31 2016/12/31 2,120,482 2,350,006 69,693 74,158 121,862 129,190 2,312,037 2,553,354 36,478 50,000 50,190 92,470 50,000 179,138 2,362,037 2,732,492 243 2017

2017 12 31 32. 2017/12/31 2016/12/31 2,312,037 2,553,354 2,312,037 2,553,354 50,000 179,138 50,000 179,138 2,362,037 2,732,492 2017 12 31 716,237 (2016 12 31 1,369,072 2017 244

2017 12 31 33. 2017/12/31 2016/12/31 2,272,606 2,889,652 384,227 406,618 2,656,833 3,296,270 34. 35. 2017/12/31 2016/12/31 1,952,059 2,464,918 1,952,059 2,464,918 245 2017

2017 12 31 36. 1 2017/12/31 2016/12/31 1 1,459,760 1,459,760 H 442,640 442,640 1,902,400 1,902,400 1,459,760 1,459,760 H 442,640 442,640 1,902,400 1,902,400 2015 7 6 402,400 H 402,4002,042,840 94,922 40,240H H 253,995 2017 246

2017 12 31 37. (1) (2) (2) (3) 2016 1 1 2,178,478 391,129 547,008 508,864 2,565 73,007 3,701,051 (2,717) (12,531) (15,248) 54,969 54,969 54,969 54,969 54,969 54,969 2016 12 31 2,178,478 446,098 601,977 563,833 (152) 60,476 3,850,710 1,136 (58,046) (56,910) 39,523 39,523 39,523 39,523 39,523 39,523 (14,817) (14,817) 2017 12 31 2,178,478 485,621 641,500 603,356 984 2,430 (14,817) 3,897,552 (1) 10% 50% 25% (2) 2007 12 18 2007 [2007]320 10% 2007 12 18 2007 [2007]320 10% 247 2017

2017 12 31 37. (3) 2017 12 31 28 80,636 (20,160) 60,476 122,284 (30,571) 91,713 / (199,679) 49,920 (149,759) 3,241 (811) 2,430 2016 12 31 28 97,343 (24,336) 73,007 (4,355) 1,088 (3,267) / (12,352) 3,088 (9,264) 80,636 (20,160) 60,476 2017 248

2017 12 31 38. 2017/12/31 2016/12/31 2017 (a) 1,500,000 2018 (b) 500,000 (c) 2,320,000 300,000 2,820,000 1,800,000 2021 (d) 1,500,000 1,500,000 2020 (e) 1,000,000 2019 (f) 800,000 2019 (g) 500,000 3,800,000 1,500,000 6,620,000 3,300,000 (a) 2014 10 31 1,500,0003 6.20% (b) 2017 7 11 500,000274 5.00% (c) 2017 12 31 1-124.50% 5.75% 2016 12 31 24 6.36% 6.40% (d) 2016 07 29 1,500,0005 3.89% 249 2017

2017 12 31 38. (e) 2017 08 24 1,000,0003 5.00% (f) 2017 09 14 800,0002 4.95% (g) 2017 11 16 500,0002 5.30% 39. 2017/12/31 2016/12/31 40 157,882 255,261 103,080 74,903 25,154 24,112 37,899 17,077 9,815 6,928 21,572 58,292 355,402 436,573 2017 250

2017 12 31 40. 2017 1 1 2017 12 31 254,161 335,458 (433,103) 156,516 577 68,131 (68,144) 564 510 35,971 (36,011) 470 19,527 (19,202) 325 13 7,576 (7,582) 7 255,261 466,663 (564,042) 157,882 2016 1 1 2016 12 31 227,163 453,527 (426,529) 254,161 5 59,983 (59,411) 577 50 30,548 (30,088) 510 17,195 (17,195) 66 6,536 (6,589) 13 227,284 567,789 (539,812) 255,261 251 2017

2017 12 31 41. 2017/12/31 2016/12/31 600,000 600,000 2017 12 31 182 5.10% 42. 2017/12/31 2016/12/31 244 244 2017 252

2017 12 31 42. (1) 2017/12/31 2016/12/31 3,950 36 (36) 2017 12 31 (2) ETF 2017 12 31 ETF 2016452 43. 2017/12/31 2016/12/31 297,910 882,240 253 2017

2017 12 31 43. 2017/12/31 2016/12/31 187,410 459,741 110,500 413,499 9,000 297,910 882,240 2017/12/31 2016/12/31 297,910 882,240 2017 2016 12 31 2017/12/31 2016/12/31 690,432 1,369,072 44. 2017/12/31 2016/12/31 1,707,115 1,787,478 2017 254

2017 12 31 45. 2017 12 31617,854 (2016 12 31838,017 46. 2017/12/31 2016/12/31 1,952,059 2,464,918 384,227 406,618 707,000 917,112 3,043,286 3,788,648 255 2017

2017 12 31 47. (1) (2) 2017 256

2017 12 31 47. (2) 2017/12/31 2016/12/31 690,432 (297,910) 1,369,072 (882,240) 17,148 14,399 707,580 (297,910) 1,383,471 (882,240) 48. (1) 2017 12 31 (2016 12 31 (2) 2017/12/31 2016/12/31 1 50,735 41,324 1 3 110,945 59,560 3 41,190 74,292 202,870 175,176 257 2017

2017 12 31 48. (3) 2017 12 31 (2016 12 31 49. 2017 1 1 3,300,000 74,841 3,374,841 5,120,600 5,120,600 (1,800,600) (1,800,600) (190,598) (190,598) (266,336) (266,336) 209,546 209,546 266,336 266,336 2017 12 31 6,620,000 93,789 6,713,789 2017 258

2017 12 31 50. 50.1 8,000,0002017 12 31 28.59% 65.85%2017 12 31 20.51% 2017 12 31 14.03% 2017 12 31 3.83% 2017 12 31 3.86% 72.11%2017 12 31 1.53% 2017/12/31 2016/12/31 <1 35 1,869 286 15,397 1,075 1,457 259 2017

2017 12 31 50. 50.1 2017/12/31 2016/12/31 20,372 1,363 20 2017 12 31 131,876 (2016 12 31139,550 2017 12 31 1,869 (2016 12 31286 50.2 2017 12 31 2017 260

2017 12 31 50. 50.2 2017/12/31 2016/12/31 1,258 3,366 3,524 3,537 632 592 641 484 226 572 300 1,887 236 697 142 236 403 12,264 2,784 4,236 1,062 945 30 11,642 11,448 358 756 878 2,121 2,155 494 972 147 261 2017

2017 12 31 50. 50.2 2017/12/31 2016/12/31 20,372 1,363 80 80 408 50 8 15,732 13,342 1,620 13,079 1,027 2017 12 31 89,358 (2016194,0882017 12 31 236 (2016403 2017 262

2017 12 31 50. 50.3 2017/12/31 2016/12/31 6,525 6,751 907 761 7,432 7,512 51. 51.1 IT (i) (ii) (iii) (iv) 263 2017

2017 12 31 51. 51.1 2017 264

2017 12 31 51. 51.1 265 2017

2017 12 31 51. 51.1 51.2 2017 266

2017 12 31 51. 51.2 2017 12 31 267 2017

2017 12 31 51. 51.2 (1) 2017/12/31 2016/12/31 106,290 80,216 276,848 250,573 4,609,341 4,353,213 15,922 72,305 6,053,173 1,981,396 2,120,482 2,386,484 50,000 50,190 2,656,833 3,296,270 4,655,092 6,773,686 1,952,059 2,464,918 22,496,040 21,709,251 2017 268

2017 12 31 51. 51.2 (2) 2017 12 31 AAA 68,349 AA AA+ 1,430,800 A A+ 159,301 512,032 15,922 2,170,482 15,922 2016 12 31 AAA 86,396 AA AA+ 1,643,257 A A+ 175,066 531,955 72,305 2,436,674 72,305 269 2017

2017 12 31 51. 51.2 (3) 2017/12/31 2016/12/31 22,785 103,293 (6,863) (30,988) 15,922 72,305 4,623,242 4,366,312 (13,901) (13,099) 4,609,341 4,353,213 6,068,735 1,984,599 (15,562) (3,203) 6,053,173 1,981,396 279,403 252,113 (872) (748) 278,531 251,365 51.3 2017 270

2017 12 31 51. 51.3 51.3.1 2017 12 31 106,290 106,290 276,848 276,848 1,359,224 3,250,117 4,609,341 15,922 1,044,393 1,060,315 1,789,207 2,802,572 1,461,394 6,053,173 243,013 488,994 1,264,925 173,550 191,555 2,362,037 2,656,833 2,656,833 4,655,092 4,655,092 1,822,059 130,000 1,952,059 12,525,428 6,687,605 2,726,319 173,550 1,619,086 23,731,988 (670,000) (2,150,000) (3,800,000) (6,620,000) (157,843) (157,843) (300,000) (300,000) (600,000) (297,910) (297,910) (1,707,115) (1,707,115) (6,879,052) (6,879,052) (8,146,962) (2,450,000) (3,800,000) (1,864,958) (16,261,920) 4,378,466 4,237,605 (1,073,681) 173,550 (245,872) 7,470,068 271 2017

2017 12 31 51. 51.3 51.3.1 2016 12 31 80,216 80,216 250,574 250,574 1,556,049 2,797,164 4,353,213 72,305 1,591,714 1,664,019 942,277 607,019 432,100 1,981,396 29,984 260,948 2,070,249 75,493 295,818 2,732,492 3,296,270 3,296,270 6,773,686 6,773,686 1,814,918 390,000 260,000 2,464,918 14,413,184 4,055,131 2,834,654 75,493 2,218,322 23,596,784 (1,800,000) (1,500,000) (3,300,000) (158,999) (158,999) (882,240) (882,240) (1,787,478) (1,787,478) (244) (244) (9,626,064) (9,626,064) (10,508,304) (1,800,000) (1,500,000) (1,946,721) (15,755,025) 3,904,880 2,255,131 1,334,654 75,493 271,601 7,841,759 2017 272

2017 12 31 51. 51.3 51.3.1 25 12 2017/12/31 2016/12/31 25 13,581 10,575 25 (13,525) (10,521) 273 2017

2017 12 31 51. 51.3 51.3.1 51.3.2 2017 12 31358,924 (2016 12 31 1,032,257 1% 3,589 (201610,323 2017 274

2017 12 31 51. 51.3 51.3.3. 10% 275 2017

2017 12 31 51. 51.3 51.3.3 2017/12/31 2016/12/31 10% 14,367 23,169 10% (14,367) (23,169) 2017/12/31 2016/12/31 10% 78,329 119,379 10% (78,329) (119,379) 51.4 2017 276

2017 12 31 51. 51.4 2017 12 31 3,043,286 (2016 12 313,788,6482017 12 31 2,312,037 (2016 12 312,553,354 277 2017

2017 12 31 51. 51.4 2017 12 31 30,400 2,531 8,239 5,105 8,488 54,763 307,562 378,621 2,416,893 4,199,500 7,302,576 307,735 307,735 615,470 298,472 298,472 491,018 769,789 15,067 431,241 1,707,115 6,879,052 6,879,052 7,370,070 944,169 381,152 3,502,656 4,219,672 8,488 431,241 16,857,448 2016 12 31 12,903 45,113 8,360 7,362 2,893 7,265 83,896 1,970,510 1,733,400 3,703,910 843,653 39,874 883,527 440,701 686,227 32,016 628,534 1,787,478 9,626,064 9,626,064 10,079,668 888,766 48,234 2,664,099 1,768,309 7,265 628,534 16,084,875 244 244 244 244 2017 278

2017 12 31 51. 51.5 2016 100% 8% 30 100% 100% 279 2017

2017 12 31 52. 52.1 52.2 2017 280

2017 12 31 52. 52.2 2017 2016 12 31 2017 12 31 2016 12 31 2,120,482 2,350,006 36,478 50,000 50,190 191,555 203,348 92,470 36 (244) 281 2017

2017 12 31 52. 52.2 2017 12 31 2016 12 31 588,788 506,004 48,649 43,950 142,660 54,711 598,016 65,902 95,159 267,119 15,922 72,305 (1,707,115) (1,787,478) 2017 282

2017 12 31 52. 52.2 2017 12 31 69,693 69,693 2,120,482 2,120,482 121,862 121,862 50,000 50,000 588,788 48,649 637,437 65,902 95,159 161,061 15,922 15,922 142,660 142,660 923,003 2,235,033 161,081 3,319,117 (1,707,115) (1,707,115) (1,707,115) (1,707,115) 283 2017

2017 12 31 52. 52.2 2016 12 31 74,158 92,470 166,628 2,350,006 36,478 2,386,484 129,190 129,190 50,190 50,190 506,004 43,950 549,954 54,711 43,819 98,530 267,119 267,119 554,197 554,197 72,305 72,305 764,063 2,991,972 518,562 4,274,597 (244) (244) (1,787,478) (1,787,478) (244) (1,787,478) (1,787,722) 2017 284

2017 12 31 52. 52.2 2017 12 31 2016 12 31 (1) (2) (3) 2017 12 31 2016 12 31 (a) 285 2017

2017 12 31 52. 52.2 (3) (b) (c) (d) 2017 286

2017 12 31 52. 52.2 (4) 2017 12 31 2016 12 31 2017 1 1 267,119 72,305 36,478 92,470 50,190 (11,517) 24,125 751 (3,557) 6,460 (166,903) (80,508) (37,229) (88,913) (190) 2017 12 31 95,159 15,922 50,000 / 24,125 287 2017

2017 12 31 52. 52.2 (4) 2016 1 1 58,330 220,305 307,893 172,948 20,000 1,610 2,044 (25,942) 190 221,580 66,527 50,000 (14,401) (148,000) (273,459) (121,063) (20,000) 2016 12 31 267,119 72,305 36,478 92,470 50,190 / 751 (7,528) 190 2017 288

2017 12 31 52. 52.2 (4) 2017 1 1 1,787,478 100,000 192,093 88,628 (461,084) 2017 12 31 1,707,115 (52,887) 289 2017

2017 12 31 52. 52.2 (4) 2016 1 1 2,794,146 198,142 (39,309) 103,918 (1,269,419) 2016 12 31 1,787,478 80,417 2017 290

2017 12 31 52. 52.2 (4) 291 2017

2017 12 31 53. 2017 12 31 2016 12 31 36 36 (36) 2017 292

2017 12 31 54. 23 2017 12 31 23,954,502 (2016 21,146,979 2017 2016 12 31 2017/12/31 2016/12/31 303,721 827,876 171,862 179,191 475,583 1,007,067 293 2017

2017 12 31 54. 2017 12 31 2016 12 31 2017/12/31 2016/12/31 18,550 15,179 5,850 4,940 24,400 20,119 2017 12 31 (2016 55. 2018 2 6 7 2 5.65% 2017 294

2017 12 31 56. 2017/12/31 2016/12/31 96,599 103,837 26,382 27,365 1,087,600 733,600 241,267 221,129 108,503 199,161 26,409 17,309 131,869 689,430 36,771 35,629 105,840 79,367 1,461,393 432,100 3,322,633 2,538,927 230,237 176,854 645,547 684,630 4,609,341 4,353,213 4,407,290 1,230,184 380,162 311,024 2,651,397 3,274,277 4,655,092 6,773,686 910,263 1,317,098 18,489,329 18,120,966 21,811,962 20,659,893 295 2017

2017 12 31 56. 2017/12/31 2016/12/31 1,902,400 1,902,400 2,177,342 2,177,342 1,726,603 1,665,891 1,607,049 1,596,725 7,413,394 7,342,358 3,780,368 1,489,795 3,780,368 1,489,795 305,299 285,866 13,849 53,566 2,820,000 1,800,000 244 62,000 6,879,052 9,626,064 600,000 10,618,200 11,827,740 14,398,568 13,317,535 21,811,962 20,659,893 2017 296

2017 12 31 56. 2016 1 1 1,522,592 1,972,904 549,687 (21,606) (21,606) 549,687 (760,960) 164,906 (164,906) 2016 12 312017 1 1 1,665,892 1,596,725 395,229 (57,858) (57,858) 395,229 (266,336) 118,569 (118,569) 2017 12 31 1,726,603 1,607,049 297 2017

2017 12 31 57. 57.1 2017 12 31 2016 6 16 600 27 40 71 235 973 2016 6 16 2017 3 8 50 4 6 13 73 2017 3 8 2016 6 16 2016 6 16 2016 6 16 2016 6 16 2016 6 16 120 120 2016 7 5 120 120 2017 3 10 90 90 2016 6 16 30 30 2017 3 10 480 27 40 75 188 810 2016 6 16 2016 3 10 2016 6 16 132 27 40 21 90 310 2016 6 16 171 27 40 28 140 406 360 1,433 112 166 208 653 2,932 2017 298

2017 12 31 57. 57.1 2016 12 31 600 25 37 23 332 1,017 2016 6 16 578 25 37 22 308 970 2016 3 15 75 6 9 8 98 2016 6 16 2016 6 16 120 120 120 120 2016 7 5 60 60 2016 2 14 2016 7 5 60 60 2016 6 16 72 11 14 97 2016 6 16 105 12 19 14 150 2016 6 16 60 13 19 150 242 2016 6 16 72 13 19 4 212 320 2016 6 28 2016 12 19 2016 8 30 2016 6 16 2016 6 16 360 1,562 105 154 71 1,002 3,254 299 2017

2017 12 31 57. 57.2 57.3 2017 2016 510 610 1,046 2,245 1,556 2,855 2017 300