2004 2004

2 3 4 6 6 9 11 41

2004 2

2004 1 JIANGSU HENGTONG PHOTOELECTRIC STOCK CO., LTD HTGD 2 600487 2003 8 22 3 215234 4 5 0512-63802858 0512-63801518 htgd@htgd.com.cn 6 http://www.sse.com.cn ( ) 2004 6 30 2003 12 31 (%) 808,313,500.25 774,167,083.37 4.41 549,950,546.29 290,978,590.74 89 1,208,216,322.38 913,960,502.08 32.20 595,476,035.69 596,584,775.87-0.19 4.72 4.73-0.21 4.72 4.73-0.21 3

2004 2004 1 6 2003 1 6 % 14,025,659.82 14,923,631.52-6.02 13,803,490.82 14,367,772.52-3.93 0.11 0.16-31.25 * 0.11 0.12-9.17 (%) 2.36 7.37-67.98 58,214,145.89 69,443,894.32-16.17 1 408,000-185,831 222,169 2 2004 6 30 21826 21826 ( ( (%) ) ) 0 66,017,351 52.34 0 12,655,657 10.03 4

2004 0 2,872,102 2.28 0 2,872,102 2.28 0 2,872,102 2.28 0 1,915,343 1.52 0 1,915,343 1.52 +,109,000 109,000 0.08 +,102,004 102,004 0.08-400 79,800 0.06 A B H ) 109,000 A 102,004 A 79,800 A 63,600 A 63,000 A 60,000 A 57,180 A 53,600 A 50,700 A 76% 66017351 ( 52.34%) 4000 ( 31.72%), 1.3 7000, 2004 8 10 2005 8 8 1994 4 15 7641 5

2004 52.34% 50.007% 26.17% 45 1994 1996 1997 1998 2004 10% 10% 10% 10% 10% 10% 1265.57 10.03% 32 1 6

2004 249,054,542.28 45,302,980.59 14,025,659.82 249,054,542.28 248,157,286.54 +0.37 202,479,188.54 198,693,351.70 +1.91 45,302,980.59 46,994,075.95-3.60 14,025,659.82 14,923,631.52-6.02 2 249,054,542.28 202,479,188.54 18.70 (%) 2,861 +23.21 2,103-4.28 890-43.42 1,875-23 4,199 +27.32 12,049 +33.33 658-21.75 7

2004 3 4 10% 2004 4 21 2004-3 15196.1 37257 21291.3 2004 8 (ADSS5116.4 4540.92 5279.12 8802.9 1104.94 2174.94 9 2004 6 30 7 17245.4 6351.38 7938.38 75% 3200 3198.86 3198.86 61.42667% 37257 15196.1 21291.3 1500 2004 6 30 7 2893.3 2700 8

2004 2003 2004 8 1500 2004 6 6 1500 1000 2500 75% 19% 6% 2004 7 26 2003 2003 2003 10 1.2 2004 9

2004 2003 10,000.00 2004 12 25 2004 1 6 2313.02 215.24 78.85 2004 7 2003 1 2 3 2004 6 30 10

2004 : 2004 6 30 : 2004 6 30 2003 12 31 343,834,872.12 340,266,169.14 429,818,435.18 422,521,590.78 6,588,540.91 6,588,540.91 5,221,725.37 5,221,725.37 258,746,342.44 213,188,837.65 227,450,768.59 215,882,913.54 13,293,221.13 18,474,566.65 6,574,163.73 10,896,654.60 14,012,801.48 13,115,642.68 10,511,211.94 9,430,469.29 171,264,223.17 93,480,690.75 94,590,778.56 85,236,471.55 573,499.00 808,313,500.25 685,114,447.78 774,167,083.37 749,189,825.13 24,069,784.15 137,755,587.36 27,211,855.09 24,069,784.15 137,755,587.36 27,211,855.09 450,213,783.64 170,959,861.96 217,643,098.61 142,334,400.75 100,586,477.71 70,749,749.11 80,404,662.12 65,170,115.20 349,627,305.93 100,210,112.85 137,238,436.49 77,164,285.55 13,426,283.24 12,299,189.80 363,053,589.17 112,509,302.65 137,238,436.49 77,164,285.55 12,669,781.71 2,404,887.96 2,431,315.32 2,431,315.32 109,667.10 123,666.90 12,779,448.81 2,404,887.96 2,554,982.22 2,431,315.32 1,208,216,322.38 937,784,225.75 913,960,502.08 855,997,281.09 11

2004 ( ) : 2004 6 30 : 2004 6 30 2003 12 31 237,000,000.00 120,000,000.00 133,038,563.56 133,038,563.56 18,910,137.36 18,364,137.36 29,102,027.20 29,102,027.20 116,799,121.12 67,697,945.23 76,017,422.73 46,814,500.90 45,832,512.38 45,527,331.34 20,824,825.54 20,811,452.74 1,654,943.78 417,710.46 3,099,768.04 1,802,604.41 4,418,195.87 3,898,389.04 4,631,824.73 4,307,402.01-406,596.52 5,665,293.24 13,005,111.51 12,278,303.97 2,837,022.88 2,830,560.45 2,649,595.79 2,640,034.61 119,968,943.42 77,071,617.10 8,450,374.22 8,356,724.07 2,936,266.00 1,381,831.52 159,077.42 118,000.00 549,950,546.29 342,854,815.74 290,978,590.74 259,269,613.47 1,178,500.00 300,000.00 1,278,500.00 400,000.00 1,178,500.00 300,000.00 1,278,500.00 400,000.00 551,129,046.29 343,154,815.74 292,257,090.74 259,669,613.47 61,611,240.40 25,118,635.47 126,120,000.00 126,120,000.00 126,120,000.00 126,120,000.00 337,575,797.18 337,575,797.18 337,575,797.18 337,575,797.18 53,869,413.29 53,681,707.85 53,869,413.29 53,681,707.85 10,311,477.09 10,248,908.61 10,311,477.09 10,248,908.61 77,910,825.22 77,251,904.98 79,019,565.40 78,950,162.59 595,476,035.69 594,629,410.01 596,584,775.87 596,327,667.62 1,208,216,322.38 937,784,225.75 913,960,502.08 855,997,281.09 12

2004 : 2004 6 30 : 2004 1-6 2003 1-6 249,054,542.28 230,313,907.29 248,157,286.54 234,649,949.20 202,479,188.54 188,423,837.60 198,693,351.70 188,797,778.62 1,272,373.15 1,235,285.05 2,469,858.89 2,392,721.13 45,302,980.59 40,654,784.64 46,994,075.95 43,459,449.45 2,305,089.63 2,267,246.07 1,304,670.74 461,990.73 12,616,797.57 10,838,241.02 9,128,099.54 7,800,384.73 10,283,807.68 6,574,175.90 11,178,953.70 7,481,060.41 3,892,204.82 3,933,765.77 4,463,259.99 4,489,090.72 20,815,260.15 21,575,848.02 23,528,433.46 24,150,904.32-837,067.73-174,203.25 408,000.00 408,000.00 512,000.00 190,000.00 72,329.00 72,329.00 85,669.00 85,669.00 258,160.00 253,160.00 41,810.00 38,810.00 21,037,429.15 20,965,949.29 24,084,292.46 24,213,560.07 7,784,447.24 7,529,806.90 9,321,463.93 9,337,552.79-772,677.91-160,802.99 14,025,659.82 13,436,142.39 14,923,631.52 14,876,007.28 13

2004 2004 6 30 : : 2004 1-6 2003 1-6 14,025,659.82 13,436,142.39 14,923,631.52 14,876,007.28 79,019,565.40 78,950,162.59 48,081,915.54 47,652,410.14 93,045,225.22 92,386,304.98 63,005,547.06 62,528,417.42 93,045,225.22 92,386,304.98 63,005,547.06 62,528,417.42 15,134,400.00 15,134,400.00 77,910,825.22 77,251,904.98 63,005,547.06 62,528,417.42 14

2004 : 2004 6 30 : 339,189,748.52 322,757,747.38 51,825,995.81 44,008,301.26 391,015,744.33 366,766,048.64 263,576,193.54 247,848,239.07 10,468,850.08 8,270,155.72 30,787,704.29 29,421,662.84 27,968,850.53 19,198,053.09 332,801,598.44 304,738,110.72 58,214,145.89 62,027,937.92 37,176,979.86 35,345,017.10 93,584,786.6 95,502,400.00 130,761,766.49 130,847,417.10-130,761,766.49-130,847,417.10 20,000,000.00 20,000,000.00 20,000,000.00 20,000,000.00 15,000,000.00 15,000,000.00 18,435,942.46 18,435,942.46 33,435,942.46 33,435,942.46-13,435,942.46-13,435,942.46-85,983,563.06-82,255,421.64 15

2004 : 2004 6 30 : 1 " " 14,025,659.82 13,436,142.39-772,677.91 1,555,144.91 988,152.28 8,130,612.64 5,579,633.91 26,427.36 26,427.36 13,999.80 979,183.46 778,069.98 3,787,304.00 3,787,304.00 837,067.73-11,139,493.88-6,335,094.20-62,066,469.15-51,285,723.93 103,674,454.84 94,215,958.40 58,214,145.89 62,027,937.92 2 3 343,834,872.12 340,266,169.14 429,818,435.18 422,521,590.78-85,983,563.06-82,255,421.64 16

2004 1 2004 6 30 14304749.51 4634270.71 18939020.22 13611433.60 4162559.57 17773993.17 693315.91 471711.14 1165027.05 2967622.00 1909125.00 1909125.00 1058497.00 2967622.00 1909125.00 1909125.00 1058497.00 17

2004 2004 1-6 1999 144 2003 72 A 3,500 A 12,612 3200001104686 1 1 12 31 1 2 18

2004 3 1 : 20 20 100 3,000 2 3 1 5 1 2 10 2 3 30 3 4 50 4 5 80 5 100 1 19

2004 2 3 4 5 20 20 20 100 100 3,000 1 2 10 20

2004 3 4 1 2,000 2 3 30 4 21

2004 20-30 3-5 3.17-4.85 15 3-5 6.33 10-12.2 3-5 7.80-9.70 5-5.3 3-5 18.00-19.40 5 3-5 19.40 5 1 2 22

2004 1 2 3 1 2 1 23

2004 2 3 1 2 3 1 2 3 1 24

2004 1996 2 2 17 33 5 4 15% ( ) ( ) 4808.00 2680.28 52% 52% 4500.00 3198.86 61.4267% 61.4267% 8276.73 7939.22 75% 75%, 2 2 25

2004 : 2004.6.30 4,792.08 --- 4,346.02 343.97 --- 4,972.33 --- 2004.6.30 5,212.94 --- 14,660.19 682.52 --- 12,720.47 --- 2 2004 6 30 2 2004 6 30 2004 6 30 2003 12 31 204,734.09 166,466.47 320,308,457.39 409,976,222.13 23,321,680.64 19,675,746.58 343,834,872.12 429,818,435.18 26,709.69 --- 8.2766 --- 221,065.42 --- 2004 6 30 2003 12 31 6,588,540.91 5,221,725.37 6,588,540.91 5,221,725.37 1 2004 6 30 2003 12 31 1 204,891,704.32 74.10% 5% 10,244,585.22 198,888,543.68 82.50% 5% 9,057,572.40 1 2 69,795,907.20 25.24% 10% 6,979,590.72 40,491,181.73 16.80% 10% 4,049,118.17 2 3 1,832,724.09 0.66% 30% 549,817.23 1,682,476.78 0.70% 30% 504,743.03 276,520,335.61 100.00% --- 17,773,993.17 241,062,202.19 100.00% --- 13,611,433.60 26

2004 2 4,616.35, 16.69 3 5% ( 5%) 1 2004 6 30 2003 12 31 1 10,397,670.39 71.92% 5% 519,883.51 5,445,128.96 74.92% 5% 272,256.45 1 2 3,097,056.81 21.42% 10% 309,705.68 1,191,519.70 16.40% 10% 119,151.97 2 3 731,613.15 5.06% 30% 219,483.94 67,540.00 0.93% 30% 20,262.00 3 231,907.83 1.60% 50% 115,953.92 563,290.98 7.75% 50% 281,645.49 14,458,248.18 100.00% ---- 1,165,027.05 7,267,479.64 100.00% --- 693,315.91 2 185.51 12.83 3 500,000.00 495,230.98 375,000.00 264,830.00 4 719.08 98.94 5 5% ( 5%) 1 2004 6 30 2003 12 31 1 14,012,801.48 100.00% 10,507,013.94 99.96% 1 2 --- --- 4,198.00 0.04% 14,012,801.48 100.00% 10,511,211.94 100.00% 27

2004 2 5 5 3 350.16 33.31 2004 6 30 2003 12 31 41,304,343.67 --- 18,095,046.91 --- 167,835.96 --- 60,573.74 --- 154,716.59 --- --- --- 114,210,436.69 1,058,497.00 62,583,837.04 2,967,622.00 9,337,926.09 --- 15,746,099.23 --- 7,147,461.17 --- 1,072,843.64 --- 172,322,720.17 1,058,497.00 97,558,400.56 2,967,622.00 1, : 2 7,476.43 76.64 2003 12 31 2004 6 30 --- 573,499.00 --- 573,499.00 --- 573,499.00 --- 573,499.00 57.35 100.00 2004 6 30 2003 12 31 24,069,784.15 --- --- --- 28

2004 4,286,742.88 8 --- 4,286,742.88 --- 4,286,742.88 19,783,041.27 10 --- 19,783,041.27 --- 19,783,041.27 24,069,784.15 --- --- --- 24,069,784.15 --- 24,069,784.15 2,406.98, 1 66,886,222.65 58,535,712.79 --- 125,421,935.44 14,4574,477.68 166,819,899.61 --- 311,394,377.29 6,182,398.28 7,215,072.63 --- 13,397,470.91 217,643,098.61 232,570,685.03 --- 450,213,783.64 84,313,940.92 2 16,504,775.10 2,774,382.37 --- 19,279,157.47 60,526,797.16 15,770,769.59 --- 76,297,566.75 3,373,089.86 1,636,663.63 --- 5,009,753.49 80,404,662.12 20,181,815.59 --- 100,586,477.71 3 23,257.07 106.86 4 5 6 : 1,341,023.84 1,282,698.49 58,325.35 1,230,560.45 1,187,588.50 42,971.95 2,571,584.29 2,470,286.99 101,297.30 29

2004 44,236,534.40 40,701,842.17 --- 3,534,692.23 52,376,596.32 43,612,098.75 --- 8,764,497.57 34,509,211.67 --- 33,382,118.23 1,127,093.44 131,122,342.39 84,313,940.92 33,382,118.23 13,426,283.24 --- 3 1,342.63 100.00 13,945,274.39 2,431,315.32 10,447,647.75 209,181.36 1,275,492.68 12,669,781.71 45.5-47 22,500.00 0.00 15,375.00 15,375.00 22,500.00 0.00 13,967,774.39 2,431,315.32 10,463,022.75 224,556.36 1,297,992.68 12,669,781.71 140,000.00 123,666.90 --- 13,999.80 30,332.90 109,667.10 4 140,000.00 123 666.90 --- 13,999.80 30,332.90 109,667.10 1 2004 6 30 2003 12 31 237,000,000.00 15,000,000.00 --- 18,038,563.56 --- 100,000,000.00 237,000,000.00 133,038,563.56 10,396.14, 78.14%, 2004 6 30 2003 12 31 18,910,137.36 29,102,027.20 1,019.19, 35.02%, 30

2004 2004 6 30 2003 12 31 1 80,357,795.33 68.80% 49,150,089.74 64.66% 1 2 35,565,332.38 30.45% 26,814,548.12 35.27% 2 3 875,993.41 0.75% 52,784.87 0.07% 116,799,121.12 100.00% 76,017,422.73 100.00% 1 4,078.18 53.65 2 5% ( 5%) 2004 6 30 2003 12 31 1 45,715,166.42 99.74% 20,812,376.74 99.94% 1 2 117,345.96 0.26% --- -- 2 3 --- --- 12,448.80 0.06% 45,832,512.38 100.00% 20,824,825.54 100.00% 1 2,500.77 120.09% 2 5% ( 5%) 2004 6 30 2003 12 31-3,126,234.83 4,710,747.24 --- 12,500.00 157,718.69 238,244.47 1,487,660.50 8,043,619.80 1,074,259.12 --- -406,596.52 13,005,111.51 31

2004 1341.17, 103.15%, 2004 6 30 2003 12 31 1,383,607.27 1,221,675.50 4% 1,725.61 2,390.29 1% 251,690.00 1,200,000.00 1,200,000.00 2,837,022.88 2,649,595.79 225,530.00 10 2004 6 30 2003 12 31 1 119,213,139.08 99.37% 8,435,174.22 99.82% 1 2 755,804.34 0.63% 15,200.00 0.18% 119,968,943.42 100% 8,450,374.22 100% 1 5 5 2,033.21 2 11,151.86, 1,319.69%, 2004 6 30 2003 12 31 1,916,005.12 118,000.00 138,447.43 41,077.42 300,000.00 --- 581,813.45 --- 2,936,266.00 159,077.42 277.72 1745.81, 32

2004 2004 6 30 2003 12 31 1,178,500.00 1,278,500.00 30.00 87.85 2004 6 30 2003 12 31 1 91,120,000.00 72.25 91,120,000.00 72.25 1 12,655,657.00 10.04 12,655,657.00 10.04 78,464,343.00 62.21 78,464,343.00 62.21 91,120,000.00 72.25 91,120,000.00 72.25 2 1 35,000,000.00 27.75 35,000,000.00 27.75 35,000,000.00 27.75 35,000,000.00 27.75 3 126,120,000.00 100.00 126,120,000.00 100.00 2004 6 30 2003 12 31 337,575,797.18 337,575,797.18 2004 6 30 2003 12 31 20,622,954.17 --- --- 20,622,954.17 10,311,477.09 --- --- 10,311,477.09 22,934,982.03 --- --- 22,934,982.03 53,869,413.29 --- --- 53,869,413.29 79,019,565.40 14,025,659.82 15,134,400.00 77,910,825.22 33

2004 2004 1-6 2003 1-6 2004 1-6 2003 1-6 1. 249,054,542.28 248,157,286.54 202,479,188.54 198,693,351.70 249,054,542.28 248,157,286.54 202,479,188.54 198,693,351.70 249,054,542.28 248,157,286.54 202,479,188.54 198,693,351.70 249,054,542.28 248,157,286.54 202,479,188.54 198,693,351.70 1 5,660.51 22.73% 4% 565,499.18 1,337,251.07 5% 706,873.97 1,132,607.82 1,272,373.15 2,469,858.89 119.75, 48.48%, :, 24,587,503.76 23,040,440.81 1,547,062.95 14,307,810.59 13,090,904.80 1,216,905.79 758,026.68 --- 758,026.68 87,764.95 --- 87,764.95 25,345,530.44 23,040,440.81 2,305,089.63 14,395,575.54 13,090,904.80 1,304,670.74 100.04, 76.68%, : 3,787,304.00 4,681,961.18 304,719.53 219,656.19 409,620.35 955.00 3,892,204.82 4,463,259.99 34

2004 8,000.00 190,000.00 400,000.00 322,000.00 408,000.00 512,000.00 64,202.00 85,669.00 8,127.00 --- 72,329.00 85,669.00 3,000.00 --- 26,160.00 28,810.00 229,000.00 13,000.00 258,160.00 41,810.00 21.14 517.46 5,182.60 5,111.33 30.47 40.80 5,182.60 2,796.89 606.03 2,190.86 2,796.89 35

2004 1 2004 6 30 2003 12 31 1 157,494,647.23 68.92% 5% 7,874,732.36 187,374,933.23 81.88% 5% 8,481,891.88 1 2 69,206,684.35 30.28% 10% 6,920,668.44 39,793,553.93 17.39% 10% 3,979,355.39 2 3 1,832,724.09 0.80% 30% 549,817.22 1,679,533.78 0.73% 30% 503,860.13 228,534,055.67 100% --- 15,345,218.02 228,848,020.94 100.00% --- 12,965,107.40 2 4,616.35 20.20 3 5% ( 5%) 1 2004 6 30 2003 12 31 1 15,852,855.16 79.61% 5% 792,642.76 9,996,003.56 84.59% 5% 499,800.18 1 2 3,095,856.81 15.55% 10% 309,585.68 1,191,519.70 10.08% 10% 119,151.97 2 3 731,613.15 3.68% 30% 219,483.95 66,340.00 0.56% 30% 19,902.00 3 231,907.83 1.16% 50% 115,953.92 563,290.98 4.77% 50% 281,645.49 19,912,232.95 100% --- 1,437,666.30 11,817,154.24 100% --- 920,499.64 2 185.51 9.32 3 5 5 4 809.51 68.50 36

2004 2004 6 30 2003 12 31 137,755,587.36 --- 27,211,855.09 --- 52% 27,211,855.09-837,067.73 ---- -837,067.73 --- --- --- 26,802,771.64-427,984.28 26,374,787.36 61.43% --- 31,988,600.00 27,701,857.12 --- --- --- --- 31,988,600.00 --- 31,988,600.00 75% --- 79,392,200.00 59,609,158.73 ----- --- --- --- 79,392,200.00 --- 79,392,200.00 --- 27,211,855.09 11,0543,732.27 87,311,015.85-837,067.73 ---- --- --- 138,183,571.64-427,984.28 137,755,587.36 11,054.37 406.23 2004 1-6 2003 1-6 2004 1-6 2003 1-6 230,313,907.29 234,649,949.20 188,423,837.60 188,797,778.62 230,313,907.29 234,649,949.20 188,423,837.60 188,797,778.62 230,313,907.29 234,649,949.20 188,423,837.60 188,797,778.62 230,313,907.29 234,649,949.20 188,423,837.60 188,797,778.62 5,660.51, 24.58% 1 --- --- -837,067.73 --- --- --- --- -837,067.73 --- --- -837,067.73 --- --- --- --- -837,067.73 37

2004 2 --- --- -174,203.25 --- --- --- --- -174,203.25 --- --- -174,203.25 --- --- --- --- -174,203.25 1 1 ( ) 2 1 555 2 3 38

2004 2 7,641.00 --- --- 7,641.00 4,808.00 --- --- 4,808.00 4,500.00 --- --- 4,500.00 8,276.725 --- --- 8,276.725 3 6,601.74 53.34 --- --- --- --- 6,601.74 53.34 2,721.19 52.00 --- --- 83.71 3.08 2,637.48 52.00 --- --- 2,770.19 61.43 --- --- 2,770.19 61.43 --- --- 5,960.92 75.00 --- --- 5,960.92 75.00 1 2 1 2004 1-6 2003 1-6 2,313.02 4,741.26 39

2004 2 3 1 2004 1-6 2003 1-6 89.73 --- 57.40 --- 68.11 --- 2 : 4 2000 12 18 5 2000 12 10 2003 1-6 83.29 2004 1-6 78.85 5 : 10,000.00 2004 12 25 6 104.69. --- --- 224.36 40

2004 2,033.21 152.15 1,084.32 --- --- 0.65 2004 6 30, 2004 6 30 408,000.00 1,909,125.00 764,651.25 1,552,473.75 2004 2004-8-21 41