600237 2004

2004... 1... 1... 2... 4... 6... 10... 12... 13... 21... 22... 25... 54 1

2004 1 2 2004 3 4 1 ANHUI TONGFENG ELECTRONICS COMPANY LIMITED TFE 2 3 168 0562-2819178 0562-2831965 E-mail zhouxp@tong-feng.com 4 168 168 244000 http //www.tong-feng.com webmaster@tong-feng.com 5 http //www.sse.com.cn 6 A A A 600237 7 1996 8 8 2003 7 4 3400001300116 34070014897301X 100 1

2004 2 : : 56,664,730.00 45,806,147.34 45,278,380.94 119,353,823.24 2,950,100.51 56,741,274.84-76,544.84 48,627,061.12-5,547,840.32 : : 630,476.86 1.89 102,712.35 527,766.40 : : 2004 2003 2002 (%) 395,484,341.97 314,643,252.74 314,643,252.74 25.69 236,444,561.82 236,444,561.82 56,664,730.00 70,272,349.25 70,272,349.25-19.36 42,851,550.38 42,851,550.38 45,806,147.34 50,530,083.43 50,530,083.43-9.35 30,737,098.35 30,737,098.35 45,274,002.86 37,544,385.04 37,544,385.04 20.59 25,634,203.28 25,634,203.28 2003 2002 2004 (%) 895,539,426.04 767,835,779.82 767,835,779.82 16.63 702,434,503.48 702,434,503.48 550,823,429.96 525,017,282.62 525,017,282.62 4.92 474,487,199.19 474,487,199.19 48,627,061.12 81,401,182.74 81,401,182.74-40.26 74,316,816.49 74,316,816.49 2003 2002 2004 (%) 0.23 0.25 0.25-8.00 0.31 0.31 8.32 9.62 9.62-13.51 6.34 6.48 %

2004 8.22 7.15 7.15 14.97 5.40 5.40 % 0.24 0.41 0.41-41.46 0.74 0.74 0.23 0.25 0.25-8.00 0.31 0.31 0.23 0.19 0.19 21.05 0.24 0.24 0.23 0.19 0.19 21.05 0.24 0.24 8.60 % 10.06 9.91-14.51 6.51 6.55 8.50 7.48 7.37 13.64 5.11 5.46 % 2003 2002 2004 (%) 2.75 2.63 2.63 4.56 4.84 4.74 2.72 2.56 2.56 6.25 4.72 4.62 [2003]12 9 : : % 21.67 22.40 0.60 0.60 10.30 10.65 0.28 0.28 8.32 8.60 0.23 0.23 8.22 8.50 0.23 0.23 : : 200,000,000.00 171,305,989.76 42,119,306.53 10,317,058.14 101,274,928.19 525,017,282.62 4,974,704.10 2,487,352.06 38,344,091.18 45,806,147.34 20,000,000.00 20,000,000.00 200,000,000.00 171,305,989.76 47,094,010.63 12,804,410.20 119,619,019.37 550,823,429.96 1 2 3 4 3

2004 1 : 1 120,000,000 120,000,000 120,000,000 120,000,000 2 3 4 120,000,000 120,000,000 1 80,000,000 80,000,000 2 3 4 80,000,000 80,000,000 200,000,000 200,000,000 2 (1) : : A 2000-05-12 7.66 40,000,000 2000-06-09 40,000,000 (2) 2000 5 4000 7.66 2000 6 9 6000 10000 2003 6 10000 20000 (3) 1 26,160 4 A 26,156 4

2004 2 ( ) : (%) 0 62,196,000 31.10 0 30,000,000 15.00 0 15,804,000 7.90 0 12,000,000 6.00 4,758,173 4,758,173 2.38 4,271,524 4,271,524 2.14 1,730,133 1,730,133 0.87 490,200 490,200 0.24 425,900 425,900 0.21 411,226 411,226 0.21 : 1 3, 3 1 9,006.5 1994 6 18 2 19,133 1999 1 2 ( ) 3 4 5

2004 100% 31.10% 4 20,000 2001-11-28, 5 A B H 4,758,173 A 4,271,524 A 1,730,133 A 490,200 A 425,900 A 411,226 A 400,000 A 390,916 A 300,712 A 284,600 A 1 : 58 2003-04-26 2006-04-25 0 0 0 56 2003-04-26 2006-04-25 0 0 0 42 2003-04-26 2006-04-25 0 0 0 47 2003-04-26 2006-04-25 0 0 0 63 2003-04-26 2006-04-25 0 0 0 58 2003-04-26 2006-04-25 0 0 0 50 2004-07-25 2006-04-25 0 0 0 48 2003-04-26 2006-04-25 0 0 0 6

2004 36 2003-04-26 2006-04-25 0 0 0 35 2003-04-26 2006-04-25 0 0 0 50 2003-04-26 2006-04-25 0 0 0 52 2003-04-26 2006-04-25 0 0 0 46 2003-04-26 2006-04-25 0 0 0 49 2003-04-26 2006-04-25 0 0 0 58 2003-04-26 2006-04-25 0 0 0 51 2003-04-26 2006-04-25 0 0 0 51 2003-04-26 2006-04-25 0 0 0 28 2003-04-26 2006-04-25 0 0 0 36 2004-07-25 2006-04-25 0 0 0 24 2003-04-26 2006-04-25 0 0 0 53 2003-04-26 2006-04-25 0 0 0 38 2003-04-26 2006-04-25 0 0 0 40 2003-04-26 2006-04-25 0 0 0 39 2003-04-26 2006-04-25 0 0 0 36 2004-02-21 2006-04-25 0 0 0 36 2003-04-26 2006-04-25 0 0 0 (1) (2) (3) (4) (5) (6) 4524 (7) 4524 (8) 5823 7

2004 8 (9) (10) (11) 1984 1991 2000 (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24)

2004 (25) (26) 2 1994-06 2003-06 1996 4 2003 6 2004 12 2003 6 1994 6 2000 1 2003 6 1996 7 2001 4 2002 7 2003 3 1998 5 2000 1 2003 1 1 2003 2004,, 2 : : 275.84 88.37 51.39 3 4 2004 9

2004 5 25 35 3 15 20 9 1 3 7 1 6 1 2004 2 3 1,700 1 977 45 13 603 62 2 810 890 10

2004 1 8 6 2 0 8 7 1 0 8 6 2 0 8 5 3 0 8 8 0 0 2 1 2 3 4 5 11

2004 1, 2004 3 27 2003, 2004 2 24 5 1 2003 2 2003 3 2003 4 2003 5 2003 6 2004 7 2004 3 27 1 1, 2004 7 25 2004, 2004 6 25, 5 1 A 2 3 2004 4 5 6 7 8 2004 7 27 2 2, 2004 11 11 2004, 2004 10 12, 3 2004 11 12 12

2004 2004 2004 5,666.47 4,580.62 1 (1) (2) : : (%) (%) 450,852,921.99 100.00 124,301,426.44 100.00 : 1,939,901.37 0.43 1,091,745.46 0.88 450,852,921.99 / 124,301,426.44 / 55,368,580.02 / -1,535,246.96 / 395,484,341.97 100.00 122,766,179.48 100.00 (3) : : (%) (%) 208,889,847.11 46.34 82,864,436.26 66.66 74,674,045.53 16.56 10,636,328.03 8.56 148,023,816.14 32.83 16,664,137.02 13.41 19,265,213.21 4.27 14,136,525.13 11.37 : 1,939,901.37 0.43 1,091,745.46 0.88 450,852,921.99 / 124,301,426.44 / 55,368,580.02 / -1,535,246.96 / 395,484,341.97 100.00 122,766,179.48 100.00 2,269,684.60 (4) : : (%) (%) 45,000,346.53 9.98 21,830,665.51 17.56 405,852,575.46 90.02 102,470,760.93 82.44 : 1,939,901.37 0.43 1,091,745.46 0.88 450,852,921.99 / 124,301,426.44 / 55,368,580.02 / -1,535,246.96 / 395,484,341.97 100.00 122,766,179.48 100.00 (5) 10% : : (%) 450,852,921.99 326,551,495.55 27.57 208,889,847.11 126,025,410.85 39.67 13

2004 74,674,045.53 64,037,717.50 14.24 148,023,816.14 131,359,679.12 11.26 19,265,213.21 5,128,688.08 73.38 2 (1) : : 2,000 6,557.48 267.29 3 : : 13,884 69.63 6,353 13.73 4 16,857.78 6,173.78 57.79 1 2 1 2003 3 26 2 2003 3 26 3 2002 2003 3 26 4 29 SKC 2004 11 SKC 14

2004 4 2003 2003 10 28 (5) ( 2004 6 25 ) 2004 8 6 1000 1000 10% 2004 10 29 : : 895,539,426.04 767,835,779.82 127,703,646.22 16.63 119,353,823.24 101,774,933.05 17,578,890.19 17.27 45,806,147.34 50,530,083.43-4,723,936.09-9.35-5,547,840.32-7,209,374.36 1,661,534.04-23.05 550,823,429.96 525,017,282.62 25,806,147.34 4.92 12,063,661.27 17,611,501.59-5,547,840.32-31.50 30,721,222.63 8,553,773.56 22,167,449.07 259.15 169,417,462.64 129,604,851.22 39,812,611.42 30.72 3,750,000.00 28,638,236.00-24,888,236.00-86.91 170,451,415.29 28,130,632.55 142,320,782.74 505.93 161,035,000.00 69,000,000.00 92,035,000.00 133.38 3,538,878.97 6,578,839.76-3,039,960.79-46.21 571,772.52 996,262.12-424,489.60-42.61 2,271,861.97 1,490,215.82 781,646.15 52.45 213,700.88 51,219.15 162,481.73 317.23 4,388,751.09 3,360,488.36 1,028,262.73 30.60 102,030,000.00 87,710,000.00 14,320,000.00 16.33 241,664.50 966,573.22-724,908.72-75.00 10,072,844.59 5,035,856.86 5,036,987.73 100.02 395,484,341.97 314,643,252.74 80,841,089.23 25.69 272,718,162.49 210,256,039.36 62,462,123.13 29.71 3,412,356.24 2,612,280.33 800,075.91 30.63 15,188,646.66 8,420,778.75 6,767,867.91 80.37 39,036,868.73 28,631,733.11 10,405,135.62 36.34 11,337,133.52 9,701,011.77 1,636,121.75 16.87 1,015,000.00-1,015,000.00-100.00 11,420,000.00-11,420,000.00-100.00 1,157,334.93 856,455.58 300,879.35 35.13 10,591,288.58 19,676,404.79-9,085,116.21-46.17 (1) 16.63% (2) 17.27% (3) 9.35% a b c 15

2004 16 d 101.5 1142 e 735 (4) 23.05% (5) 4.92% (6) 31.50% (7) 259.15%, (8) 30.72% (9) 86.91% (10) 505.93% (11) 133.38% (12) 46.21% (13) 42.61% (14) 52.45% (15) 317.23% (16) 30.60% (17) 16.33% (18) 75% 4000 (19) 100.02% (20) 25.69%, (21) 29.71%, (22) 30.63% (23) 80.37%, (24) 36.34%, (25) 16.87%, (26) 101.5

2004 (27) 1142 1142 (28) 35.13% (29) 46.17% 735 1 1 2004 2 21 1 2003 2 2003 3 2003 4 2003 5 2003 6 2003 7 2004 8 9 10 2004 11 12 2003 2 2004 4 21 2004 3 2004 6 24 1 A 2 3 2004 4 5 6 7 8 9 10 2004 4 2004 7 25 1 2004 2 2004 3 2004 4 17

2004 5 6 7 52004 10 10 1 2 2004 6 2004 10 27 1 2 3 7 2004 11 11 SKC 8)2004 12 21 2 1 2003 2003 2003 12 31 20000 10 1 2004 4 24 2004 4 28 2004 4 29 2004 5 13 2 2003 3 2004 A A 2004 56,664,730.00 45,806,147.34, 10% 4,974,704.10 ( 267,294.08 90% 240,564.67 ) 5% 2,487,352.06 ( 133,647.04 90% 120,282.34 ) 101,274,928.19 2003 10 1 2000 119,619,019.37 2004 2004 12 31 20000 10 1 18

2004 2005 [2005] 0126 2004 12 31 2004 2004 [ 2005 0125 ] 2004 2004 12 31 [2003]56 2004 12 31 : ( ) 877,932.73 478,168.84 399,763.89 ( ) 744,532.58 744,532.58 19 1,622,465.31 1,222,701.42 399,763.89 ( 21,609.03 21,609.03 ) ( 138,492.56 1,525,152.00 1,663,644.56 ) 138,492.56 1,546,761.03 1,685,253.59 ( -335,800.12 6,645,761.52 7,079,726.54 98,164.90 ) -335,800.12 6,645,761.52 7,079,726.54 98,164.90 ( -502,832.46 17,953,203.10 21,721,278.16 3,265,242.60 ) ( 16,142.79 16,142.79 ) ( 485,418.98 438,263.89 923,682.87 ) -1,270.69 17,969,345.89 22,159,542.05 4,188,925.47

2004 ( 8,170,510.88 165,927,241.54 134,537,915.23-23,218,815.43 ) ( ) 3,084,108.35 3,084,108.35 8,170,510.88 169,011,349.89 137,622,023.58-23,218,815.43 ( 2,484,000.00 2,484,000.00 ) ( 2,016,000.00 40,560,013.06 42,576,013.06 ) ( ) 3,750,000.00 3,750,000.00 ( 7,200,000.00 7,200,000.00 ) ( 10,950,000.00 10,950,000.00 ) ( ) 3,046,944.55 2,576,172.52 470,772.03 22,650,000.00 47,356,957.61 65,786,185.58 4,220,772.03 753,587.97 3,423,160.52 2,590,888.91-78,683.64 753,587.97 3,423,160.52 2,590,888.91-78,683.64 40,328.50 686,496.60 225,120.07 501,705.03 40,328.50 686,496.60 225,120.07 501,705.03 166,587.01 10,528.00 156,059.01 166,587.01 10,528.00 156,059.01 2004 12 31 50% 2005 3 3 20

2004 [2003]56 50% 2004 12 31 1 2004 2 21, 1 2003 2 2003 3 2003 4 2004 5 2003 2 2004 6 24, 1 2 3 3 2004 7 25, 1 2004 2 2004 3 4 5 6 2004, 2004 21

2004 2004 2004, 1 2004 10 25 9387.6 554.1 2004 8 31, 9387.6 554.10 2004 10 29 2 2004 10 25 9674.33 5091.8 461.11 2004 8 31 5091.8 249.24 2004 10 29 1, ( ) 9,279 85,399,287.43, 763,707.90, ( ), 70,041,463.74 22

2004 797,872.42 ( ) 3,067,523.36 28,008.66 1 2 3 4 : : 2004-03-05 2004-03-05 400 2005-03-04 2004-08-04 2004-08-04 500 2005-08-03 2004-11-08 2004-11-08 1,000 2005-11-07 2004-12-10 2004-12-10 200 2005-12-09 2,100 2,100 2,100 2,100 2,100 3.81 1 2004 3 5 400 2004 3 5 2005 3 4 2 2004 8 4 500 2004 8 4 2005 8 3 3 2004 11 8 1,000 2004 11 8 2005 11 7 4 2004 12 10 200 2004 12 10 2005 12 9 5 23

2004 6 1 2004 9 SKC 1200 900 SKC 300 2004 9 29 2004 11 12 2 2005 28 3900 1794 46% 2005 2 28 5% 5% 656685 6 1 2004 9 SKC 1200 900 SKC 300 2004 9 29 2004 11 12 2 2005 2 28 " " 3900 1794 46% 2005 2 28 3 2003, 2004 3 27 4 ---- --- 2004 8 26 3000 2004 8 31 2005 8 30 15% 2004 9 2 24

2004 [2005] 0125 2004 12 31 2004 2004 2004 12 31 2004 2004 3 3 25

2004 2004 12 31 : : 17,611,501.59 12,063,661.27 17,570,415.44 9,959,358.49 7,700.00 7,700.00 7,700.00 7,700.00 63,685,364.78 51,346,126.44 61,317,680.21 47,548,124.73 56,595,762.01 67,485,471.23 52,975,048.80 69,920,640.90 4,555,178.00 5,383,593.63 4,101,101.84 5,202,709.13 8,553,773.56 30,721,222.63 8,548,077.56 30,404,685.13 58,115,650.82 68,283,451.36 56,583,257.95 65,642,431.10 209,124,930.76 235,291,226.56 201,103,281.80 228,685,649.48 20,129,506.65 20,725,072.70 20,129,506.65 20,725,072.70 617,128,692.01 642,503,127.61 587,890,090.02 592,104,969.56 129,604,851.22 169,417,462.64 128,169,593.56 165,791,534.86 487,523,840.79 473,085,664.97 459,720,496.46 426,313,434.70 7,808,521.59 8,515,543.29 7,808,521.59 8,515,543.29 479,715,319.20 464,570,121.68 451,911,974.87 417,797,891.41 28,638,236.00 3,750,000.00 17,687,811.00 3,750,000.00 28,130,632.55 170,451,415.29 27,344,990.85 170,451,415.29 536,484,187.75 638,771,536.97 496,944,776.72 591,999,306.70 22,226,661.31 21,476,662.51 22,226,661.31 21,476,662.51 22,226,661.31 21,476,662.51 22,226,661.31 21,476,662.51 767,835,779.82 895,539,426.04 740,404,226.48 862,886,691.39 69,000,000.00 161,035,000.00 44,000,000.00 132,035,000.00 26

2004 50,100,203.13 47,204,717.44 48,732,708.89 45,522,946.21 6,578,839.76 3,538,878.97 7,176,286.82 2,162,930.22 996,262.12 571,772.52 954,167.11 571,644.01 1,490,215.82 2,271,861.97 1,490,215.82 2,174,849.74 1,500,000.00 1,500,000.00 13,889,469.47 10,622,155.86 14,017,215.08 10,701,560.47 51,219.15 213,700.88 37,566.55 213,700.88 3,360,488.36 4,388,751.09 3,204,990.27 4,097,310.61 73,508.28 247,475.03 61,000.00 203,200.00 42,600,000.00 15,000,000.00 42,600,000.00 15,000,000.00 189,640,206.09 245,094,313.76 163,774,150.54 212,683,142.14 45,110,000.00 87,030,000.00 45,110,000.00 87,030,000.00 966,573.22 241,664.50 966,573.22 241,664.50 5,035,856.86 10,072,844.59 5,035,856.86 10,072,844.59 51,112,430.08 97,344,509.09 51,112,430.08 97,344,509.09 240,752,636.17 342,438,822.85 214,886,580.62 310,027,651.23 2,065,861.03 2,277,173.23 200,000,000.00 200,000,000.00 200,000,000.00 200,000,000.00 200,000,000.00 200,000,000.00 200,000,000.00 200,000,000.00 171,305,989.76 171,305,989.76 171,305,989.76 171,305,989.76 52,436,364.67 59,898,420.83 52,116,938.67 59,218,147.82 10,317,058.14 12,804,410.20 10,210,582.81 12,577,652.53 101,274,928.19 119,619,019.37 102,094,717.43 122,334,902.58 20,000,000.00 20,000,000.00 20,000,000.00 20,000,000.00 525,017,282.62 550,823,429.96 525,517,645.86 552,859,040.16 767,835,779.82 895,539,426.04 740,404,226.48 862,886,691.39 : : : 27

2004 2004 : : 395,484,341.97 314,643,252.74 388,659,016.91 307,235,495.50 272,718,162.49 210,256,039.36 270,464,673.04 207,811,624.16 3,412,356.24 2,612,280.33 3,232,162.76 2,476,250.67 119,353,823.24-101,774,933.05 114,962,181.11 96,947,620.67 2,950,100.51-2,634,082.80 2,934,100.51 2,619,763.80 : 15,188,646.66 8,420,778.75 14,927,666.96 8,268,864.93 39,036,868.73 28,631,733.11 37,435,690.83 26,543,305.17 11,337,133.52 9,701,011.77 9,929,361.69 8,774,336.59 56,741,274.84-57,655,492.22 55,603,562.14 55,980,877.78-1,015,000.00 2,405,646.70 3,144,506.65 11,420,000.00 11,420,000.00 1,080,790.09 1,038,312.61 1,080,790.09 1,017,922.61 1,157,334.93 856,455.58 1,157,316.05 856,455.58 56,664,730.00-70,272,349.25 57,932,682.88 70,706,851.46 10,591,288.58 19,676,404.79 10,591,288.58 19,676,404.79 267,294.08 65,861.03 ( ) - 45,806,147.34 50,530,083.43 47,341,394.30 51,030,446.67 101,274,928.19 88,718,837.76 102,094,717.43 88,718,837.76 147,081,075.53 139,248,921.19 149,436,111.73 139,749,284.43 4,974,704.10 5,315,995.34 4,734,139.43 5,103,044.67 2,487,352.06 2,657,997.66 2,367,069.72 2,551,522.33 ( ) 139,619,019.37 131,274,928.19 142,334,902.58 132,094,717.43 20,000,000.00 10,000,000.00 20,000,000.00 10,000,000.00 20,000,000.00 20,000,000.00 ( - ) 119,619,019.37 101,274,928.19 122,334,902.58 102,094,717.43 1. 2. 3. ( ) 4. ( ) 5. 6. : : : 28

2004 2004 : : 457,892,515.54 443,077,741.93 418,998.97 418,998.97 458,311,514.51 443,496,740.90 293,580,347.06 294,147,580.65 40,134,582.15 38,826,821.13 51,381,381.76 49,264,068.88 24,588,142.42 23,823,662.32 409,684,453.39 406,062,132.98 48,627,061.12 37,434,607.92 1,810,080.65 437,111.90 408,261.43 437,111.90 2,218,342.08 134,947,501.53 125,060,598.50 2,792,212.27 2,772,212.27 137,739,713.80 127,832,810.77-137,302,601.90-125,614,468.69 297,035,000.00 268,035,000.00 7,200,000.00 7,200,000.00 304,235,000.00 275,235,000.00 190,600,000.00 165,600,000.00 30,507,299.54 29,066,196.18 221,107,299.54 194,666,196.18 83,127,700.46 80,568,803.82-5,547,840.32-7,611,056.95 1 29

2004 45,806,147.34 47,341,394.30 ( - ) 267,294.08 10,872,126.92 10,623,647.03 40,881,527.86 38,423,443.49 749,998.80 749,998.80 ( : 119,857.46 119,857.46 ) -36,250.00-36,250.00 9,443,728.67 8,035,956.84-2,405,646.70-11,980,722.35-10,872,094.96 ( ) -27,218,765.24-32,429,817.23 ( ) -20,277,882.42-22,115,881.11 48,627,061.12 37,434,607.92 2 3 12,063,661.27 9,959,358.49 17,611,501.59 17,570,415.44-5,547,840.32-7,611,056.95 : : : 30

2004 2004 : : 6,654,242.91 8,352,183.41 2,248,624.24 2,248,624.24 12,757,802.08 6,155,169.04 8,173,141.11 2,248,624.24 2,248,624.24 12,079,685.91 499,073.87 179,042.30 678,116.17 9,342,124.25 1,812,921.81 11,155,046.06 1,290,933.81 769,051.88 2,059,985.69 8,051,190.44 1,043,869.93 9,095,060.37 7,808,521.59 707,021.70 8,515,543.29 6,618,484.37 407,141.80 7,025,626.17 143,668.44 143,668.44 63,025.04 63,025.04 983,343.74 299,879.90 1,283,223.64 23,804,888.75 10,872,126.92 2,248,624.24 32,428,391.43 : : : 2004 : : 200,000,000.00 100,000,000.00 100,000,000.00 80,000,000.00 20,000,000.00 200,000,000.00 200,000,000.00 171,305,989.76 251,305,989.76 31

2004 80,000,000.00 80,000,000.00 171,305,989.76 171,305,989.76 42,119,306.53 36,803,311.19 4,974,704.10 5,315,995.34 4,974,704.10 5,315,995.34 4,974,704.10 5,315,995.34 47,094,010.63 42,119,306.53 20,634,116.28 20,634,116.28 10,317,058.14 7,659,060.48 2,487,352.06 2,657,997.66 2,487,352.06 2,657,997.66 12,804,410.20 10,317,058.14 101,274,928.19 88,718,837.76-45,806,147.34 50,530,083.43 27,462,056.16 37,973,993.00-119,619,019.37 101,274,928.19 : : : 32

2004 2004 (1996)008, ( ) ( ) ( ), 6,000 2000 5 12 [2000]54, 4,000, 2000 6 9, 10,000 2003 10 8 10 2, 2003 6 2, 20,000,,1999 1. 2. 1 1 12 31 3. 4.,, 5.,, ;, ;, 6., 7. (1) :,, ;,, (2) : 33

2004 (3) :, : 1 6% 1-2 7% 2-3 8% 3-5 10% 5 100% 8., ;,,,, 9., ;,, 10. 20%, 20% 20%,, ; 20% 20%, 20%, ; 50%, 50%,,, 10,, ---,, 11. (1) :, 2000 (2) 34

2004 : % % 5 10 14 9.50 6.79 5 6 12 15.83 7.92 5 8 12 11.88 7.92 5 9 14 10.55 6.79 4 30 40 3.20 2.40 (3),, ; 12. (1),,,,,,,, (2) 3,,,, 13.,,,, ;, 14.,,,, 15., 16. (1), : a ; b, ; c ; 35

2004 36 d (2), : a, ; b,, (3), : a ; b 17. 18. (1) 50% 50%, 50%, (2) [1995]11 1996 2,, 1., 17%, 2. 5% 3. 7% 4% 5% 6% 4. 1 33% 2 [94]63, [2004]94,, 2004, 5.

2004 2,000 1,800 90%, 1. 2004.12.31 2003.12.31 381,696.57 40,875.52 11,681,964.70 17,570,626.07 12,063,661.27 17,611,501.59 31.50%, 2. 2004.12.31 2003.12.31 7,700.00 7,700.00 7,700.00 7,700.00 3. 2004.12.31 2003.12.31 51,346,126.44 63,685,364.78 51,346,126.44 63,685,364.78 5%( 5%) 4. (1) 2004.12.31 (%) 1 60,434,724.53 75.96 3,626,083.47 56,808,641.06 1-2 1,931,336.21 2.43 135,193.53 1,796,142.68 2-3 2,934,992.95 3.69 234,799.44 2,700,193.51 3-5 6,867,215.53 8.63 686,721.55 6,180,493.98 5 7,396,887.92 9.29 7,396,887.92 79,565,157.14 100.00 12,079,685.91 67,485,471.23 2003.12.31 (%) 1 40,006,154.53 63.76 2,400,369.29 37,605,785.24 1-2 3,509,154.61 5.59 245,640.82 3,263,513.79 2-3 3,747,287.85 5.97 299,783.03 3,447,504.82 3-5 13,643,286.84 21.74 1,364,328.68 12,278,958.16 5 1,845,047.22 2.94 1,845,047.22 37

2004 62,750,931.05 100.00 6,155,169.04 56,595,762.01 (2) 5% 5% (3) 1,272.60, 15.99% (4) 2,248,624.24 5. (1) 2004.12.31 (%) 1 4,304,766.60 71.02 258,286.00 4,046,480.60 1-2 401,591.85 6.62 28,111.43 373,480.42 2-3 1,047,426.75 17.28 83,794.14 963,632.61 3-5 5 307,924.60 5.08 307,924.60 6,061,709.80 100.00 678,116.17 5,383,593.63 2003.12.31 (%) 1 3,639,774.59 72.02 218,386.47 3,421,388.12 1-2 1,061,552.68 21.00 74,308.69 987,243.99 2-3 3-5 162,828.76 3.22 16,282.87 146,545.89 5 190,095.84 3.76 190,095.84 5,054,251.87 100.00 499,073.87 4,555,178.00 (2) 237.62, 39.20% (3) 5% 5% - 399,763.89 501,705.03 156,059.01 6. (1) 2004.12.31 2003.12.31 (%) (%) 1 28,730,655.23 93.52 6,795,950.79 79.45 1-2 433,491.58 1.41 816,273.14 9.54 2-3 758,395.19 2.47 225,492.15 2.64 3 798,680.63 2.60 716,057.48 8.37 30,721,222.63 100.00 8,553,773.56 100.00 (2) 259.15%, 38

2004, --, 2004 ( ) (3) 5% 5% -- ( ) 19,953,572.83 78,683.64 (4) 1,990,567.40 7. (1) 2004.12.31 23,013,166.49 2,059,985.69 20,953,180.80 5,529,729.69 5,529,729.69 50,480,868.16 9,095,060.37 41,385,807.79 316,779.90 316,779.90 97,953.18 97,953.18 79,438,497.42 11,155,046.06 68,283,451.36 2003.12.31 17,121,265.09 1,290,933.81 15,830,331.28 7,223,451.79 7,223,451.79 42,702,944.72 8,051,190.44 34,651,754.28 268,625.68 268,625.68 141,487.79 141,487.79 67,457,775.07 9,342,124.25 58,115,650.82 (2), (3) 1,290,933.81 769,051.88 2,059,985.69 8,051,190.44 1,043,869.93 9,095,060.37 9,342,124.25 1,812,921.81 11,155,046.06 8. (1) 486,731,860.94 26,306,226.78 2,934,725.18 510,103,362.54 3,693,207.52 802,400.00 4,495,607.52 6,967,656.35 282,106.00 7,249,762.35 7,612,193.60 706,627.98 146,951.94 8,171,869.64 112,123,773.60 358,751.96 112,482,525.56 617,128,692.01 28,456,112.72 3,081,677.12 642,503,127.61 (2) 117,561,293.43 36,143,709.41 958,866.10 152,746,136.74 451,642.61 311,529.17 763,171.78 39

2004 582,244.46 506,828.53 1,089,072.99 1,127,842.81 498,074.92 110,050.34 1,515,867.39 2004 12 10 * 9,881,827.91 3,421,385.83 13,303,213.74 129,604,851.22 40,881,527.86 1,068,916.44 169,417,462.64 (3) 487,523,840.79 473,085,664.97 (4) 6,618,484.37 407,141.80 7,025,626.17 143,668.44 143,668.44 63,025.04 63,025.04 983,343.74 299,879.90 1,283,223.64 7,808,521.59 707,021.70 8,515,543.29 (5) 479,715,319.20 464,570,121.68 (6) 22,506,974.67 (7) 1999 9 1 B0PP 136, 95,879,294.00, 170,762,164.50 9587 99028, 1999 6 19 2006 6 18 1996 7 10 502, 56,094,773.60 3900, 1996 010, 1996 1 26 2001 1 26 B200108, 2006 1 26 1,089 800 2004 12 10 2005 12 9 9. 2004.12.31 2003.12.31 10,950,000.00 7,683,811.00 10,004,000.00 * 3,750,000.00 425.00 3,750,000.00 28,638,236.00 86.91% 10. 16868 23,447,306.33 44,557,300.48 68,004,606.81 40.32% *1 40

2004 16360 3,105,931.52 94,350,343.41 97,456,274.93 59.57% *2 791,753.00 220,960.31 1,012,713.31 1400 3,977,820.24 3,977,820.24 28.41% *3 2900 785,641.70 21,721,332.97 22,506,974.67 28,130,632.55 164,827,757.41 22,506,974.67 170,451,415.29 (1) 505.93%, (2) (3), *1 [2003]307 2003 *2 [2004]1080 *3 [2004]138 11. 7,589,897.28 7,339,813.50 157,845.48 7,181,968.02 546 14,131,763.82 13,493,827.81 282,593.28 13,211,234.53 561 1,547,800.00 1,393,020.00 309,560.04 1,083,459.96 42 23,269,461.10 22,226,661.31 749,998.80 21,476,662.51, 12. 2004.12.31 2003.12.31 28,035,000.00 53,000,000.00 15,000,000.00 * 80,000,000.00 54,000,000.00 161,035,000.00 69,000,000.00 * 59,000,000.00, 21,000,000.00 -- 133.38% 13. 47,204,717.44, 5% 5% - 1,021,847.77 14. (1) 3,538,878.97, 5%( 5%) 41

2004 (2) 1, 1 15. 2004.12.31 2003.12.31 571,772.52 996,262.12 571,772.52 996,262.12 16. 2004.12.31 2003.12.31 2,271,861.97 1,490,215.82 2,271,861.97 1,490,215.82 17. 2004.12.31 2003.12.31 1,500,000.00 1,500,000.00 18. 2004.12.31 2003.12.31 10,361,569.40 10,074,164.48 17% -1,820,130.59 3,561,150.79 33% 373,976.53 101,307.88 5% 7% 1,704,115.52 152,846.32 2,625.00 5% 10,622,155.86 13,889,469.47 19. 2004.12.31 2003.12.31 213,700.88 51,219.15 4% 6% 213,700.88 51,219.15 20. (1) 4,388,751.09, 5%( 5%) (2) 30.60% (3) 3 21. 2004.12.31 2003.12.31 247,475.03 73,508.28 247,475.03 73,508.28 22. 2004.12.31 2003.12.31 15,000,000.00 42,600,000.00 15,000,000.00 42,600,000.00 42

2004 23. 2004.12.31 % 15,000,000.00 2003-5-7---2006-5-7 5.2155 5,000,000.00 2003-5-14---2006-5-14 5.2155 10,000,000.00 2003-5-22---2006-5-22 5.2155 8,000,000.00 2004-4-28--2007-4.28 5.2155 8,000,000.00 2004-10-15--2007--10-15 5.2155 10,000,000.00 2004-10-25--2007-10-25 5.2155 10,000,000.00 2004-10-26--2007-10-26 5.2155 10,000,000.00 2004-11-16--2007-11-16 5.472 5,000,000.00 2004-12-17---2007-12-17 5.472 6,000,000.00 2004-12-23---2007-12-23 5.472 30,000.00 87,030,000.00 (1) 1995 106,,,,,,,, (2) 92.93% (3) 8,700 24. 241,664.50, 4,000, 5 25. 2004.12.31 2003.12.31 10,072,844.59 5,035,856.86 10,072,844.59 5,035,856.86. [2004]307 2004,, 26. : 2004.01.01 2004.01.01 2004.12.31 2004.12.31 43

2004 1. 12,000 12,000 : (1) (2)12,000 12,000 (3) (4) 2. 3. 4. : 12,000 12,000 1. 8,000 8,000 2. 3. 4. 8,000 8,000 20,000 20,000 27. 171,496,975.43 171,496,975.43-190,985.67-190,985.67 171,305,989.76 171,305,989.76 28. 20,634,116.28 4,974,704.10 25,608,820.38 10,317,058.14 2,487,352.06 12,804,410.20 21,485,190.25 21,485,190.25 52,436,364.67 7,462,056.16 59,898,420.83 29. 2004 2003 45,806,147.34 50,530,083.43 44

2004 : 101,274,928.19 88,718,837.76 147,081,075.53 139,248,921.19 : 4,974,704.10 5,315,995.34 2,487,352.06 2,657,997.66 20,000,000.00 10,000,000.00 20,000,000.00 119,619,019.37 101,274,928.19 30. 2004 2003 156,741,400.00 130,998,765.82 71,453,912.62 78,373,973.67 148,023,816.14 92,427,808.27 19,265,213.21 12,842,704.98 395,484,341.97 314,643,252.74 5,429.82, 13.73% 31. 2004 2003 94,736,342.58 77,539,369.95 44,173,517.81 44,562,198.08 128,679,614.02 79,076,508.98 5,128,688.08 9,077,962.35 272,718,162.49 210,256,039.36 32. 2004 2003 2,138,736.97 1,801,390.30 5% 7% 1,273,618.91 810,890.03 4% 6% 3,412,355.88 2,612,280.33 30.63% 33. 2004 2003-31,296.67-104,471.10 10,204.65-53,681.71 2,838,065.04 2,766,085.57 8,509.99-85,074.96 124,617.50 111,225.00 2,950,100.51 2,634,082.80 34. 15,188,646.66 676.79, 80.37%, 528.73 35. 45

2004 39,036,868.73 1,040.11, 36.34%, (1) 207.31 (2) 486.42 (3) 62.90 36. 2004 2003 11,699,488.02 9,788,776.68 : 437,111.90 130,846.72 6,692.40 10,526.60 : ( ) 68,065.00 32,555.21 11,337,133.52 9,701,011.77 37. 2004 2003 1,015,000.00 1,015,000.00 38. 2004 2003 7,920,000.00 3,500,000.00 11,420,000.00 39. 2004 2003 36,250.00 23,680.00 15,632.40 800.00 188,288.78 162,433.89 724,908.72 724,908.72 115,710.19 126,490.00 1,080,790.09 1,038,312.61 40. 2004 2003 261,033.37 707,021.70 549,343.40 135,489.86 22,042.08 21,000.00 230,650.00 32,790.00 54,420.10 1,157,334.93 856,455.58 35.13% 41. 418,998.97, : 46

2004 2004 115,000.00 188,288.78 42. 24,588,142.42, : 2004 1,397,298.43 656,685.00 345,366.95 1,824,403.86 9,964,594.73 579,697.71 595,816.10 1,825,295.81 43. 437,111.90 2004 437,111.90 44. 2,792,212.27 2004 2,163,012.27 629,200.00 45. 7,200,000.00 2004 7,200,000.00 1. (1) 2004.12.31 (%) 1 62,735,868.15 76.97 3,154,466.52 59,581,401.63 1-2 1,568,335.25 1.92 109,783.47 1,458,551.78 2-3 2,934,992.95 3.60 234,799.44 2,700,193.51 3-5 6,867,215.53 8.43 686,721.55 6,180,493.98 5 7,396,887.92 9.08 7,396,887.92 81,503,299.80 100.00 11,582,658.90 69,920,640.90 2003.12.31 (%) 1 36,154,331.96 61.39 2,169,259.93 33,985,072.03 1-2 3,509,154.61 5.96 245,640.82 3,263,513.79 2-3 3,747,287.85 6.36 299,783.03 3,447,504.82 47

2004 3-5 13,643,286.84 23.16 1,364,328.68 12,278,958.16 5 1,845,047.22 3.13 1,845,047.22 58,899,108.48 100.00 5,924,059.68 52,975,048.80 (2) 2,113.36, 25.93% (3) 5% 5% 2. (1) (4) 2004.12.31 (%) 1 4,112,336.28 70.07 246,740.18 3,865,596.10 1-2 401,591.85 6.84 28,111.43 373,480.42 2-3 1,047,426.75 17.85 83,794.14 963,632.61 3-5 5 307,924.60 5.24 307,924.60 5,869,279.48 100.00 666,570.35 5,202,709.13 2003.12.31 (%) 1 69.07 2,967,311.97 3,156,714.85 189,402.88 1-2 23.22 987,243.99 1,061,552.68 74,308.69 2-3 3-5 3.55 146,545.88 162,828.76 16,282.88 4.16 190,095.84 5 190,095.84 100.00 4,101,101.84 4,571,192.13 470,090.29 (2) 237.60, 40.49% (3) 5% 5% - 399,763.89 501,705.03 156,059.01 3. (1) 20,129,506.65 2,405,646.70 1,810,080.65 20,725,072.70 48

2004 (2) 2001.6 1800 -- 20,129,506.65 595,566.05 2,725,072.70 20,725,072.70 90% 2012.6 20,129,506.65 595,566.05 2,725,072.70 20,725,072.70 90% 4. (1) 466,924,310.51 4,018,958.33 1,101,027.71 469,842,241.13 3,624,633.52 613,800.00 4,238,433.52 6,954,156.35 269,706.00 7,223,862.35 7,348,163.60 703,427.98 146,951.94 7,904,639.64 103,038,826.04-143,033.12 102,895,792.92 587,890,090.02 5,462,859.19 1,247,979.65 592,104,969.56 (2) 116,366,342.68 33,998,414.34 691,451.85 149,673,305.17 446,042.44 297,927.65 743,970.09 581,468.04 505,449.55 1,086,917.59 1,110,372.29 479,443.48 110,050.34 1,479,765.43 9,665,368.11 3,142,208.47 12,807,576.58 128,169,593.56 38,423,443.49 801,502.19 165,791,534.86 (3) 459,720,496.46 426,313,434.70 (4) 6,618,484.37 407,141.80 7,025,626.17 143,668.44 143,668.44 63,025.04 299,879.90 362,904.94 983,343.74 983,343.74 7,808,521.59 707,021.70 8,515,543.29 (5) 451,911,974.87 417,797,891.41 5. 2004 2003 208,889,847.11 170,675,893.20 12,480,140.45 31,289,089.05 148,023,816.14 92,427,808.27 19,265,213.21 12,842,704.98 388,659,016.91 307,235,495.50 6. 49

2004 2004 2003 126,025,410.85 100,645,110.21 7,950,894.99 18,213,439.70 131,359,679.12 79,875,111.90 5,128,688.08 9,077,962.35 270,464,673.04 207,811,624.16 7. 2004 2003 2,405,646.70 2,129,506.65 1,015,000.00 2,405,646.70 3,144,506.65 ( ) 1.. ;. (. ; ) 86... 2. ( ) 90,065,000.00 90,065,000.00 3. % % % % 62,196,000.00 ( ) 31.10 62,196,000.00 31.10 4. ( ) ( ) 1. 50

2004 (1) : (2) 2004 2003 677.95 3.40% 434.06 2.80% 47.56 0.30% 2. (1) : (2) 2004 2003 74.45 0.19% 14.94 0.05% 152.52 0.39% 173.67 0.57% 3. 2004.12.31 2003.12.31 1. 19,953,572.83 335,800.65 2. 138,492.56 3. 399,763.89 4. ( ) 3,750,000.00 22,650,000.00 5. 1,021,847.77 8,672,072.65 1. 753,587.97 2. 78,683.64 1. 501,705.03 40,328.50 1. 156,059.01 3. 51

2004 (1) ( ), ( ) 85,980.00 2004 12 31 (2), ( ) 2001 6,, ( ),, ( ), ( ), 1%,, ( ) 2004, ( ) 9,279, 85,399,287.43, 763,707.90 ( ), 70,041,463.74, 797,872.42 ( ), 3,067,523.36, 28,008.66 (3) 2002 3 29 ( ), ( ), 1,500, 70 105,000, 10, 2002 4 1 2004 105,000.00 (4),,,2002 8 29,, 2002 9 2, a, b 400 c,, d,, 7,880 e 2002 8 2003 12 2004 1 3 2005 12 31 2004 182.64, 1,230,923.54 52

2004 (5) 2004 12 31, 14,600.00, ( ) 5,900, 8,700, 1., 2000 2900 2001 7 30 2004 12 31, 2,100 2. 2004 9 28 S K C, 1200, 900, 75% 2004 9 28, (1) : 99 086, 7,565,088.47, [2001]5 (2) 2004 10 25, ( ), 9,674.33 5091.8, 461.11 2004 10 25,, 9,387.6, 554.1 (3) 2005 2 28, 3,900 1,794 46% 2005 2 28 (4) 2004 2004 12 31 20,000, 10 1.00 ( ) (5),, 1. 2004 2004 A 2003 12 31 20000 10 3 53

2004 2. 2004 8 27 2004 25 2004 8 27 2004 26 (1) 2003 1 14 (2) 3,000 2004 8 26 3,000 2004 8 31 2005 8 30 2004 9 1 3.,, 1. 1,080,790.09 2. -450,313.23 630,476.86 102,712.35-1.89 527,766.40 2005 3 3 54