1 1 SHENZHEN HUAQIANG INDUSTRY CO., LTD. 2 3 0755-83216296 0755-83365392 zhbin@szhq.com 0755-83030181 0755-83365392 hzmin@szhq.com 4 518031 szhqsygf@public.szptt.net.cn 5 http://www.cninfo.com.cn 6
000062 7 1994.1.19 4403011000838 440301192255939 440304192255939 2006 5 1 50,777,552.33 41,944,858.38 42,868,033.20 264,117,945.16 7,516,409.61 26,974,525.79 24,889,114.56 _ 1,086,088.02 184,793,466.53-255,447,879.38 1-267,964.30 21,354,052.32 3-162,913.20 2
2 2004 2003 2002 2,009,614,078.98 367,789,090.30 355,627,917.98 355,627,917.98 41,944,858.38 22,781,851.60 37,011,086.81 37,011,086.81 2,718,317,181.17 1,430,089,599.91 1,469,572,202.65 1,469,572,202.65 1,229,436,874.64 1,214,437,000.63 1,218,695,148.83 1,191,655,149.03 / 0.1551 0.0843 0.1369 0.1369 / 4.55 4.49 4.51 4.41 4.45 4.48 4.49 4.39 0.6834 0.1555-0.045-0.045 % 3.41 1.88 3.04 3.11 41,944,858.38 42,868,033.20 3
3 270,399,998 541,376,789.64 109,117,021.72 46,376,907.52 293,543,191.27 1,214,437,000.63-95,015.43 6,308,340.60 2,102,780.20 41,944,858.38 48,348,214.41 - - - - 33,348,340.40 33,348,340.40 270,399,998 541,471,805.07 115,425,362.32 48,479,687.72 302,139,709.25 1,229,436,874.64-1 141,960,000 141,960,000 141,960,000 141,960,000 2 134,929 134,929 142,094,929 142,094,929 1 128,303,569 128,303,569 2 1,500 1,500 128,305,069 128,305,069 270,399,998 270,399,998 4
+ 1 141,960,000 0 52.5% 2 628,175 0.232% A 3 488,800 0.181% A 300 4 439,527 0.163% A 100 5 390,730 0.145% A 6 390,000 0.144% A 7 261,000 0.097% A 8 232,999 0.086% A 9 200,000 0.074% A 10 197,999 0.073% A 11 193,920 0.072% A 5
6 10 91% 45% 52.5%
41 2003.5-2006.5 42588 42588 0 2000.6 40 37 2003.5-2006.5 35152 35152 0 2003.10 2003.5-2006.5 7605 7605 0 42 2003.5-2006.5 49584 49584 0 1996.5 48 2003.5-2006.5 0 0 0 2003.10 42 2003.5-2006.5 1500 1500 0 62 62 2003.5-2006.5 0 0 0 2003.5-2006.5 0 0 0 41 2003.5-2006.5 0 0 0 60 2003.5-2006.5 0 0 0 2003.10 47 2003.5-2006.5 0 0 0 33 2004.6-2006.5 0 0 0 7
8
5 2004 54 20 1 1520 1 10 3 36 6 / ( ) 6 4 2004 13558 11339 52 397 323 540 907 590 344 26 9
6 6 0 0 6 6 0 0 6 5 1 0 1 10
2 3 4 5 2004 4 30 2003 2004 6 2 5 52.51% 1 2003 2 2003 3 2003 4 2003 5 48.67% 10% 50% 11
2004 6 3 2004 1 2004 200,961.41 5,077.76 4,194.49 2004 2004 % % 85.54 14.01 0.45 % 2.39 5.50 30.31 47.34 14.01 0.45 2,986.68 12
2 1 2 3 3 1 68.375% 1.2 2004 14,237.41-1,857.08 2 80% 501 2004 2,316.99 41.5 3 65.71% 700 2004 40,107.80-317.7 13
4 2004 238,369.31 3,069.47 5 2004 166.78 6 40% 1250 2004 5,840.35 4 161,462.93 100% 85,561.74 42.58% 5 2004 1 2 2004 14
1 2 3 4 5 1 1998 2.2 2000 6 30 2 2004 11 23 1 2004 12 31 2003 12 31 2,718,317,181.17 1,430,089,599.91 90.08% 1,229,436,874.64 1,214,437,000.63 1.24% 2004 2003 264,117,945.16 62,981,914.65 319.36% 41,944,858.38 22,781,851.60 84.12% -255,447,879.38-80,242,459.99-218.35% 2 1 90% 319.36% 15
2 84.12% 3 218.35% 1 1 2004 3 29 2003 2003 2004 3 31 2 2004 4 28 2004 48.67% 10% 50% 2003 2004 4 30 3 2004 8 17 2004 2004 8 19 4 2004 10 25 2004 5 2004 11 23 6 2004 12 27 16
1 : [2005]128 2004 12 31 2004 2004 [ 2005027 ] 2004 2004 12 31 [2003]56 2004 17
* 35,483,088.62 1,081,475.00-1,081,475.00 36,564,563.62-1,081,475.00 0 * 2004 * 35,483,088.62 - - 1,081,475.00-1,081,475.00 36,564,563.62-1,081,475.00 * 2004 35,483,088.62 - - 1,081,475.00 - - 36,564,563.62 - - 2004 12 31 2005 3 21 2 18
[2003]56 2004 12 31 0 2004 3 29 2003 2003 2004 3 31 2004 12004 2 2004 2004 3 98 2.2 4 19
5 1 1 20
2003 7 2004 6 2 2 21
22 3 2004-12-31 2003 12 26 1 5.12% 2004 512
2004 32 3 23
[2005]027 2004 12 31 2004 2004 12 31 2004 2005 3 21 24
25
26
27
28
29
2004 [1993]655 1994 1 19 N21943 A 1997 1 30 000062 1. 2. 1 1 12 31 3. 4. 5. 30
31 6.. 7. 8. a. b. 9.
32 10. 11. a. b. 2003 1 1 2003 1 1 c. 20% 20% 20% 20%(20%) 20%
33 a. b. c. 12. 2000
310% () 20 4.85% 10 9%-9.7% 5 18%-19.4% 5 18%-19.4% 5 18%-19.4% a b c d e 34
13. 3 14. 10 SDHz 10 10 5 35
36 15 a. b. 16. (1) a. b. c. (2) a. b. (3) 3 (4)
37 17. a. b. c. a. b. 18. ( )
19. 20. 50% 50% 17% 38
13% 6% 5% 3% 3% 1% 15% 1 % ( ) ( ) 501 80 401 12000 50 18.38 6000 3000 10 70 2400 1000 90 900 39
2000 90 1800 2000 55 1100 600 100 600 88 85 75 ( ) 700 65.71 460 110 90 99 RMB500 100 RMB500 USD1000 50 USD500 100% USD2250 48.67 2.66 USD1095 40% 30000 35 19.6 10500 40
2004 12 12 2 2004.6.1-2004.12.31 2004.6.1-2004.12.31 (2004 12 31 ) 41,020,086.55 1,184,337,614.81-403,931.69 1,224,953,769.67 17,012,903.04 10,043,156.00-6,304,938.16 20,751,120.88 28,440,680.60 175,381,210.90-203,821,891.50 10,360,206.78 9,812,542.67-20,172,749.45 96,833,876.97 1,379,574,524.38-6,708,869.85 1,469,699,531.50 2,495,185.06 1,142,546,774.15-403,931.69 1,144,638,027.52 - - - - 2,495,185.06 1,142,546,774.15-403,931.69 1,144,638,027.52 - - -6,304,938.16-6,304,938.16 94,338,691.91 237,027,750.23-331,366,442.14 96,833,876.97 1,379,574,524.38-6,708,869.85 1,469,699,531.50 41
(2004 6-12 ) - 1,660,485,288.56-1,660,485,288.56-1,452,403,493.14-1,452,403,493.14-208,081,795.42-208,081,795.42 874,670.94 24,159,717.62-25,034,388.56 1,735,187.72 24,617,529.35-467,678.55 25,885,038.52 1,442,,392,.93 17,597,661.45-19,040,054.38 : 2.66% 2003 12 31 8,550,043.18 17,030,006.39-25,580,049.57 - - - - 48,913.46 911,921.26-960,834.72 - - - - 8,598,956.64 17,941,927.65-26,540,884.29 42
11,949,561.85 17,906,202.45-29,855,764.30 - - - 11,949,561.85 17,906,202.45-29,855,764.30 - - - - -3,350,605.21 35,725.20 - -3,314,880.01 8,598,956.64 17,941,927.65-26,540,884.29 ( ) ( ) USD1250 USD500 40% USD500 USD125 25% USD700 USD105 15% 10% RMB1100 RMB330 30% RMB2000 RMB700 35% RMB30000 RMB14700 49% RMB1200 RMB400 20% RMB5000 RMB2499.99 49.99% 43
RMB6000 RMB2400 40% USD250 USD37.5 10% 32% AV 1. 2004-12-31 2003-12-31 RMB 87,020.66 9,578.13 9,578.13 HKD 5,125.29 5,485.05-92,505.71 9,578.13 RMB 258,820,836.54 473,340,062.68 473,340,062.68 HKD 958.88 1,019.96 83,464.34 89,075.36 USD 6,658,482.88 55,108,933.56 43,805.09 388,387.35 313,930,790.06 473,817,525.39 RMB 385,093.16 4,527,791.08 4,527,791.08 USD 4.05 33.58-385,126.74 4,527,791.08 314,408,422.51 478,354,894.60 2. 2004-12-31 2003-12-31 - - - 311,116.66 52,833.68 258,282.98 - - - 311,116.66 52,833.68 258,282.98 * 100,000,000.00 4,660,000.00 95,340,000.00 - - - 44
** 100,000,000.00-100,000,000.00 100,000,000.00-100,000,000.00 200,000,000.00 4,660,000.00 195,340,000.00 100,311,116.66 52,833.68 100,258,282.98 99.38% * 95,340,000.00 **2003 12 26 100,000,000.00 2003 12 29 5.12% 10% 2004 12 26 2004 12 29 6.138% 3. 2004 12 31 165,750,079.49 644.68% --- 148,331,858.49 4. 2004-12-31 1 320,824,988.29 93.99% 1,597,733.08 319,227,255.21 1-2 13,842,491.00 4.05% 1,893,064.91 11,949,426.09 2-3 5,361,372.51 1.57% 3,096,603.79 2,264,768.72 3 1,315,043.41 0.39% 1,253,343.41 61,700.00 341,343,895.21 100.00% 7,840,745.19 333,503,150.02 2003-12-31 1 72,761,194.95 71.52% 1,968,670.42 70,792,524.53 1-2 26,874,709.16 26.42% 4,867,931.93 22,006,777.23 45
2-3 1,989,992.41 1.96% 1,035,541.85 954,450.56 3 99,240.95 0.10% 24,810.24 74,430.71 101,725,137.47 100.00% 7,896,954.44 93,828,183.03 139,432,262.60 40.85% 5%5% 235.56% --- 298,012,334.84 5. 2004-12-31 1 22,931,876.38 35.63% - 22,931,876.38 1-2 15,568,648.84 24.19% - 15,568,648.84 2-3 2,500,000.00 3.88% - 2,500,000.00 3 23,369,175.75 36.30% 13,790,883.90 9,578,291.85 64,369,700.97 100.00% 13,790,883.90 50,578,817.07 2003-12-31 1 8,045,421.48 42.77% - 8,045,421.48 1-2 5,990,353.41 31.84% - 5,990,353.41 2-3 1,574,500.00 8.37% 1,375,000.00 199,500.00 3 3,201,185.56 17.02% 3,201,185.56-18,811,460.45 100.00% 4,576,185.56 14,235,274.89 199.48% : --, 1000 ( 3 ) 3,350,605.21 ; -- 46
, -- 9,762,990.19 ( 2-3 ) 70% 6,834,093.13 --- 34,730,697.31 43,954,769.69 68.28% 5%5% 6. 2004-12-31 2003-12-31 1 16,894,734.38 58.04% 28,348,781.96 88.88% 1-2 10,325,315.01 35.47% 530,198.19 1.66% 2-3 - - 3,019,081.93 9.46% 3 1,888,368.15 6.49% - - 29,108,417.54 100.00% 31,898,062.08 100.00% 5%5% 7. 2004-12-31 2003-12-31 264,992,295.77 182,358.50 264,809,937.27 7,194,648.73-7,194,648.7 81,666,033.10-81,666,033.10 9,461,211.28-9,461,211.2 28,259,866.20 3,685,865.86 24,574,000.34 29,248,281.91 6,218,155.34 23,030,126.5 247,144,012.34 4,248,932.79 242,895,079.55 1,650,750.46 205,610.72 1,445,139.7 631,550.31-631,550.31 669,605.06-669,605.0 32,459.73-32,459.73 32,459.73-32,459.7 - - - 3,260.25-3,260.2 47
1,940,929.65-1,940,929.65 187,309.40-187,309.4 624,667,147.10 8,117,157.15 616,549,989.95 48,447,526.82 6,423,766.06 42,023,760.7 1189.37% --- 574,955,175.27 8. 2003-12-31 2004-12-31 51,851.86-101,620.96 92,600.24 60,872.58-4,818,625.46 37,409,670.58 31,067,738.38 11,160,557.66 161,739.18 - - 161,739.18-1,816.66 - - 1,816.66-26,150.99-98,764.53 110,310.72 14,604.80 105,365.79-282,623.50 313,979.81 74,009.48 346,924.48 4,818,625.46 37,892,679.57 31,748,184.99 11,310,044.52 3160.01% --- 11,160,557.66 9. 2003-12-31 2004-12-31 323,034,733.91 172,342,174.14 16,108,334.15 479,268,573.90-3,381,191.80-3,381,191.80 323,034,733.91 168,960,982.34 16,108,334.15 475,887,382.10 - - - - 48
- - - - - - - - 323,034,733.91 168,960,982.34 16,108,334.15 475,887,382.10 a. 2003-12-31 ***** () 2004-12-31 : 1 100% 31,401,275.40 - - - -31,401,275.40 - - 1998-2010 35.00% 18,904,652.43 - - - -18,904,652.43 - - 1993-2008 40.00% 28,281,477.77 71,980,072.83-23,361,393.35 56,729,738.41-10,330,250.00 85,011,216.18 1995-2006 25.00% 14,454,924.93 28,713,403.50-5,893,356.05 19,117,209.62-1,034,625.00 33,572,134.55 1995-2010 15.00% 9,481,877.48 14,404,637.46-612,016.88 5,013,905.46-520,871.40 14,495,782.94 2002-2022 49.00% 147,000,000.00 136,946,258.25 - -2,640,063.91-12,693,805.66-134,306,194.34 20.00% 2,400,000.00 2,231,604.60 - -446,127.79-614,523.19-1,785,476.81 2003-2053 40.00% 24,000,000.00 23,466,258.68-27,952.15-505,789.17-23,494,210.83 2003-2023 49.99% 24,999,999.00 24,553,717.23-37,601.62-408,680.15-24,591,318.85 10.00% 2,340,183.57 - - 280,943.57 280,943.57 2,340,183.57 2,621,127.14 35.00% 105,000,000.00 - - - - 105,000,000.00 105,000,000.00 2 90.00% 17,834,742.68-32,152.68-32,152.68-17,834,742.68 - - 32.00% 6,621,690.00-7,488,748.38 894,517.21 1,761,575.59-8,383,265.59 1995-2010 10.00% 4,139,880.00-9,726,372.45 285,129.44 5,523,975.29-347,646.60 9,663,855.29 436,860,703.26 302,295,952.55 17,247,273.51 28,274,565.89 6,063,879.26 95,106,790.57 442,924,582.52 : ** 30.00% 3,169,560.63 4,020,125.83 - - 850,565.20-4,020,125.83 *** 85.00% 1,225,313.37 1,840,942.59 - - 615,629.22-1,840,942.59 * 2003-2033 100% 5,000,000.00 2,250,000.00 - - - 2,750,000.00 5,000,000.00 **** 52.00% 2,704,000.00-2,704,000.00 - - - 2,704,000.00 12,098,874.00 8,111,068.42 2,704,000.00-1,466,194.42 2,750,000.00 13,565,068.42 448,959,577.26 310,407,020.97 19,951,273.51 28,274,565.89 7,530,073.68 97,856,790.57 456,489,650.94 49
* 2,585,002.61-9-c ** 2002-9-30 2002 *** 2002-3-31 2002 **** --- 2004 50,197.05 ***** 28,247,203.43 27,362.46 b. 2003-12-31 () 2004-12-31 9 3,358,475.37 1,628,844.30-373,163.92 2,102,794.99 1,255,680.38 7 8,156,256.07 2,330,358.87-1,165,179.44 6,991,076.64 1,165,179.43 11 6,217,237.02 3,391,220.13-565,203.40 3,391,220.29 2,826,016.73 10 824,387.97 734,860.71-82,438.80 171,966.06 652,421.91 * 1 289,782.95-289,782.95 - - 289,782.95 10 1,600,000.00 1,520,000.00-160,000.00 240,000.00 1,360,000.00 18 4,210,364.19 3,620,445.12-233,909.12 823,828.19 3,386,536.00 13-1,852,500.31-1,484,375.28 - -368,125.03-1,484,375.28 10 941,359.09 886,359.09-90,169.90 145,169.90 796,189.19 7 6,913,730.79-6,913,730.79 599,854.59 599,854.59 6,313,876.20 7 6,684,121.00-6,684,121.00 592,263.89 592,263.89 6,091,857.11 50
7 138,516.43-138,516.43 12,758.09 12,758.09 125,758.34 37,481,730.57 12,627,712.94 14,026,151.17 3,874,941.15 14,702,807.61 22,778,922.96 c 2003-12-31 2004-12-31-796,189.19-796,189.19-2,585,002.61-2,585,002.61-3,381,191.80-3,381,191.80 10. 2003-12-31 2004-12-31 389,113,416.00 13,456,772.65 - - 516,907,712.37 1,287,209.01 145,746,437.85 23,356,126.89 14,160.00 461,859.93 169,913,753.82 5,896,214.46 12,629,201.25 7,007,320.07 1,432,970.00 1,968,464.14 22,131,301.64 11,976,012.11 42,239,651.36 34,624,306.05 2,832,887.42 4,793,273.14 81,213,808.96-1,804,128.73 7,066,492.79 - - 8,870,621.52 408,272,851.58 316,756,942.91 85,511,018.45 4,280,017.42 7,223,597.21 799,037,198.31 89,237,109.76 31,004,345.38 25,099,054.12 - - 145,340,509.26 278,793.24 100,552,906.41 9,339,662.61-201,857.07 109,969,505.19 2,798,814.64 8,647,662.19 2,202,330.54 1,038,028.48 1,744,803.89 10,865,975.00 6,896,523.62 27,539,103.47 9,162,434.59 2,012,572.64 3,952,333.85 37,633,155.19 - - 1,044,961.51 - - 1,044,961.51 99,211,241.26 167,744,017.45 46,848,443.37 3,050,601.12 5,898,994.81 304,854,106.15 51
894,911.45 513,776.04 308,166,698.87 493,669,316.12 2004 12 31 389,113,415.95 280,060,104.66 11. 2003-12-31 2004-12-31 - - 27,016.00-27,016.00 - - 5,973,568.75-5,973,568.75-8,582,653.84 17,416,981.29 20,523,265.44 5,476,369.69 - - 933,271.96 666,487.67 266,784.29 12,199.91 - - 12,199.91-12,199.91 8,582,653.84 24,350,838.00 21,201,953.02 11,743,738.73 12. 2003-12-31 2004-12-31 19,355,165.54 5,162,586.54 10,327,216.42-3,985,110.00 866,954.30 10,637,738.66 2,008,000.00 1,774,000.00 - - - 407,333.33 1,366,666.67 SDHZ 750,000.00 537,500.00 - - - 537,500.00-6,000,000.00 4,600,000.00 - - - 600,000.00 4,000,000.00 13,974,315.89 12,074,086.54 10,327,216.42-3,985,110.00 2,411,787.63 16,004,405.33 13. 2003-12-31 2004-12-31 52
MINISTOP 204,875.14 - - - 204,875.14 - - 1,148,624.87 - - 644,090.26 504,534.61-673,370.38 - - 15,377.79 657,992.59 124,560.00 - - 116,775.00 7,785.00-555,072.00 - - - 138,768.00 416,304.00 1,833,333.35 - - - 400,000.02 1,433,333.33 3,400.00-1,981,088.00 1,984,488.00 - - - - 70,001.60 - - 70,001.60 14,332.50-19,500.00-17,972.50 15,860.00 244,837.31 - - - 244,837.31-21,507.28 - - - 21,507.28-525,073.51 - - - 525,073.51-71,471.99 10,508.35 1,662,947.39-379,536.07 1,365,391.66 3,598,463.08 1,832,503.60 3,733,536.99 2,101,263.00 2,599,822.88 4,463,417.79 14. 2004-12-31 2003-12-31 * 3,000,000.00 3,000,000.00 29,500,000.00 29,500,000.00 3,000,000.00 29,500,000.00 * 15. 2004-12-31 2003-12-31 249,211,298.11 13,671,223.89 1722.89% --- 238,346,418.73 5%(5%) 53
16. 703,027,190.77 5%(5%) 17. 42,922,911.73 5%(5%) 18. 2004-12-31 2003-12-31-9,349,545.08-10,751,967.65 726,156.83 446,113.01 9,123.05 216.37 8,151,151.66 1,273,357.52 75,572.74 121,982.96 765,073.61-87,167.95 173,774.09 464,700.76-8,736,523.70 19. 203,883,471.07 5%(5%) 20. 2004-12-31 2003-12-31 999,749.00 1,438,000.00 * 25,230,477.72-73,500.00 73,500.00 6,246,623.37 - * 18,380,330.69-54
- 113,248.30-520,600.57-914,211.79 99,105.87 991,315.21 51,029,786.65 4,050,875.87 * -- 21. 2004-12-31 2003-12-31 2,000,000.00 2,000,000.00 [2002]201 8,900,000.00 8,400,000.00 [2002]2486 GPS 800,000.00 800,000.00 2002307 GPS 500,000.00 500,000.00 12,200,000.00 11,700,000.00 22. 2003-12-31 2004-12-31 () 141,960,000 - - - - - 141,960,000 : 141,960,000 - - - - - 141,960,000 141,960,000 141,960,000 () 1. 128,305,069 - - - - 128,305,069 55
2. ( ) 134,929 - - - - 134,929 128,439,998 - - - - - 128,439,998 270,399,998 - - - - - 270,399,998 1 23. 2004-12-31 2003-12-31 523,082,522.00 523,082,522.00 18,389,283.07 18,294,267.64 541,471,805.07 541,376,789.64 24. 2004-12-31 2003-12-31 66,911,914.60 62,706,354.20 48,479,687.72 46,376,907.52 33,760.00 33,760.00 115,425,362.32 109,117,021.72 25. 2003-12-31 2004-12-31 293,543,191.27 41,944,858.38 33,348,340.40 302,139,709.25 27,039,999.80 27,039,999.80** ** 2004 2004 41,944,858.38 10% 5% 2004 270,399,998 10 1.00 27,039,999.80 26. 56
2004 2003 2004 2003 2004 2003 1,802,859,357.30 131,576,992.22 1,573,633,952.34 109,015,740.07 229,225,404.96 22,561,252.15 119,028,505.66 140,972,137.22 117,814,414.90 139,536,421.42 1,214,090.76 1,435,715.80 87,726,216.02 95,239,960.86 50,184,481.52 51,799,243.61 37,541,734.50 43,440,717.25 42.58% 2,009,614,078.98 367,789,090.30 1,741,632,848.76 300,351,405.10 267,981,230.22 67,437,685.20 855,617,384.75 27. 2004 2003 23,734,953.26 1,573,262.62 16,218,543.65 270,224.14 7,516,409.61 1,303,038.48 476.84% 17,758,251.08 16,079,637.02 1,678,614.06 28. 2004 2003 5,165,602.23 1,898,446.49 6,358,200.63 10,123,018.89 247,075.10 255,811.42 364,125.58 244,340.14 862,612.02 442,568.48-447,036.86-7,770,532.64 29. 2004 2003 57
: - 2,000,000.00 () 28,247,203.43 11,313,309.85 ()** 3,412,387.77 - - -1,867.73-3,874,941.15-2,443,676.90 - -3,848,615.07-3,381,191.80 - : -4,660,000.00-16,062.70 5,120,000.00-25,656.31 10,142.95 24,889,114.56 7,013,230.40 ** 18.375% () 30. 2004 2003 37,101.00 14,061.00 230,323.25 303.24-4,652.02 540.05 1,751.69 267,964.30 20,767.95 31. 58
2004 2003 3,500.00 1,038.31-100,000.00 1,189,734.54 1,665.31-412,899.73 1,185.37 154,585.44 159,632.41 15,574.49 1,354,052.32 685,763.28 32 31,401,838.57 6,358,200.63 4,937,749.26 23,810,821.52 66,508,609.98 33 89,855,169.12 4,752,940.24 2,010,220.00 474,000.00 581,338.66 2,220,037.59 99,893,705.61 59
1. 2004-12-31 1 5,863.60 0.50% - 5,863.60 2-3 1,173,306.45 99.50% 1,173,306.45-1,179,170.05 100.00% 1,173,306.45 5,863.60 2003-12-31 1 - - - - 1-2 1,173,306.45 100% 1,173,306.45-1,173,306.45 100% 1,173,306.45-1,173,306.45 99.50% 5%5% 2. 2004-12-31 1 10,305,625.94 20.03% - 10,305,625.94 1-2 2,538,602.24 4.93% - 2,538,602.24 2-3 - - - - 3 38,606,185.56 75.04% 6,956,790.77 31,649,394.79 51,450,413.74 100% 6,956,790.77 44,493,622.97 2003-12-31 60
1 2,948,670.65 6.93% - 2,948,670.65 1-2 - - - - 2-3 1,375,000.00 3.23% 1,375,000.00-3 38,201,185.56 89.84% 3,201,185.56 35,000,000.00 42,524,856.21 100.00% 4,576,185.56 37,948,670.65 20.99% 900 49,478,312.56 96.17% 3. 2003-12-31 2004-12-31 356,835,140.14 300,295,583.34 15,484,916.37 641,645,807.11 - - - - 356,835,140.14 300,295,583.34 15,484,916.37 641,645,807.11 a. 2003-12-31 () 2004-12-31 : * 1993-2003 100.00% 31,401,275.40 - - -31,401,275.40 - - 1998-2010 35.00% 18,904,652.43 - - -18,904,652.43 - - 1988-2015 80.00% 1,608,000.00 5,835,256.01 332,007.52 4,559,263.53-6,167,263.5 1993-2008 40.00% 28,281,477.77 71,980,072.83 23,361,393.35 56,729,738.41-10,330,250.00 85,011,216.1 1995-2006 25.00% 14,454,924.93 28,713,403.50 5,893,356.05 19,117,209.62-1,034,625.00 33,572,134.5 1995-2010 15.00% 9,481,877.48 14,404,637.46 612,016.88 5,013,905.46-520,871.40 14,495,782.9 1999-2019 10.00% 2,990,000.00 2,351,417.01-1,028,987.24-1,667,570.23-1,322,429.7 1993-2010 50.00% 60,000,000.00 28,160,817.40-9,217,755.93-41,056,938.53-18,943,061.4 2002-2022 65.71% 4,251,434.83 1,981,719.26-2,324,056.72-3,083,555.24 1,510,217.05 1,167,879.5 2002-2022 49.00% 147,000,000.00 136,946,258.25-2,640,063.91-12,693,805.66-134,306,194.3 20.00% 2,400,000.00 2,231,604.60-446,127.79-614,523.19-1,785,476.8 2003-2053 40.00% 24,000,000.00 23,466,258.68 27,952.15-505,789.17-23,494,210.8 2003-2023 49.99% 24,999,999.00 24,553,717.23 37,601.62-408,680.15-24,591,318.8 2004-2010 10% 2,340,183.57-280,943.57 280,943.57 2,340,183.57 2,621,127.1 2004-2011 50% 46,449,169.21-720,176.75 720,176.75 46,449,169.21 47,169,345.9 2004-2010 48.67% 106,804,295.25-8,557,110.79 8,557,110.79 106,804,295.25 115,361,406.0 61
35% 105,000,000.00 - - - 105,000,000.00 105,000,000.0 630,367,289.87 340,625,162.23 24,165,567.09-15,358,441.87 250,218,118.68 615,008,848.0 : 1992-2008 30.00% 3,169,560.63 4,020,125.83-850,565.20-4,020,125.8 1992-2002 85.00% 1,225,313.37 1,840,942.59-615,629.22-1,840,942.5 4,394,874.00 5,861,068.42-1,466,194.42-5,861,068.4 634,762,163.87 346,486,230.65 24,165,567.09-13,892,247.45 250,218,118.68 620,869,916.4 b. 2003-12-31 () 2004-12-31 9 3,358,475.37 1,628,844.30-373,163.92 2,102,794.99 1,255,680.3 7 8,156,256.07 2,330,358.87-1,165,179.44 6,991,076.64 1,165,179.4 11 6,217,237.02 3,391,220.13-565,203.40 3,391,220.29 2,826,016.7 18 869,541.36 743,625.48-48,307.84 174,223.72 695,317.6 10 824,387.97 734,860.71-82,438.80 171,966.06 652,421.9 1 289,782.95-289,782.95 - - 289,782.9 10 1,600,000.00 1,520,000.00-160,000.00 240,000.00 1,360,000.00 7 138,516.43-138,516.43 12,758.09 12,758.09 125,758.3 7 6,913,730.79-6,913,730.79 599,854.59 599,854.59 6,313,876.2 7 6,684,121.00-6,684,121.00 592,263.89 592,263.89 6,091,857.1 35,052,048.96 10,348,909.49 14,026,151.17 3,599,169.97 14,276,158.27 20,775,890.6 4. 2004 2003 2004 2003 2004 2003 64,513,063.17 69,132,448.5629,247,925.77 28,043,608.94 35,265,137.40 41,088,839.6 58,753,975.54 91.07% 5. 2004 2003 : 62
- 2,000,000.00 () 24,070,551.66-7,790,038.82-3,599,169.97-2,373,075.62 : 5,120,000.00 - -4,660,000.00-20,931,381.69-8,163,114.44 () 1. RMB 7,347.00 52.50%,, 2003-12-31 ( ) 2004-12-31 73,470,000.00-73,470,000.00 2003-12-31 ( ) 2004-12-31 141,960,000 52.50% - 141,960,000 52.50% 2. 63
() 1. 2004 2003 7-12 * 119,028,505.66*1 140,208,804.89 ** 796,043,028.01 - * 2003 7 2004 6 *1 2004 1-5 ** 2004 6-12 2. 2004 2003 7-12 ** 959,251,454.86 - ** 2004 6-12 3. 2004 % * 9,100,581.94 11,261,167.87 65,524.19 0.72 64
* 3,900,797.22 17,784,205.77 28,085.74 0.72 * 614,331.94 404,093.97 4,423.19 0.72 * 543,002.78 5,351,771.14 3,909.62 0.72 * 8,746,730.56 8,642,273.86 62,976.46 0.72 * 1,204,125 577,835.80 8,669.70 0.72 **1 3,000,000.00 156,810.63 4.536 **2-1,538,133.71 5.04 47,021,348.41 1,868,533.24 2003 % 7,249,427.16 1,921,343.68 57,686.36 0.72 2,438,314.31 672,376.13 16,336.00 0.72 803,339.67 805,680.37 5,964.57 0.72 29,500,000.00 979,035.06 5.04 32,899,400.18 1,059,021.99 * **1 **2 2003 29,500,000.00 2004 4. 2004 2003 1,403,649.60 3,186,702.97 20,296,763.14 20,296,163.56 516,916.80 516,916.80 4,778,093.14 9,173,944.58 388,519.26 482,425.28 193,765.04 174,065.13 ** 173,861,400.00 - ** 65
48.67% 50% 10% 2003 12 31 118,019,800.00 48.67% 2004B009 53,362,900.00 50% 2004B008 2,478,700.00 10% 2004B010 () 2004-12-31 2003-12-31 ** 35,483,088.62 *** 48,651,171.26 * 10,000,000.00-1,081,475.00 * 9,762,990.19 *** 6,258,560.60 3,000,000.00 29,500,000.00 *** 261,868,512.14 11,261,167.87 1,921,343.68 17,784,205.77 672,376.13 404,093.97 805,680.37 5,351,771.14 - * 8,642,273.86 * 577,835.80 : 6,000,000.00 2,250,000.00 *, ** 66
*** 2003-12-31 2004-12-31 12,473,140.00 15,064,811.29 5,906,322.20 21,631,629.09 7,896,954.44 4,398,856.39 4,455,065.64 7,840,745.19 4,576,185.56 10,665,954.90 1,451,256.56 13,790,883.90 52,833.68 4,660,000.00 52,833.68 4,660,000.00 52,833.68-52,833.68 - - 4,660,000.00 4,660,000.00 6,423,766.06 1,693,391.09-8,117,157.15 6,423,766.06 1,511,032.59-7,934,798.65-182,358.50-182,358.50 - - - - 3,381,191.80-3,381,191.80-3,381,191.80-3,381,191.80 - - - - 894,911.45 233,294.63 614,430.04 513,776.04 - - - - - 233,294.63-233,294.63 894,911.45-614,430.04 280,481.41 - - - - - - - - - - - 67
- - - - - - - - - - - - - - - - - - - - 19,844,651.19 25,032,688.81 6,573,585.92 38,303,754.08 2004 2003 270,399,998.00 270,399,998.00 270,399,998.00 270,399,998.00 541,376,789.64 541,376,789.64 95,015.43 541,471,805.07 541,376,789.64 62,740,114.20 60,378,125.18 4,205,560.40 2,361,989.02 4,205,560.40 2,361,989.02 4,205,560.40 2,361,989.02 66,945,674.60 62,740,114.20 68
66,911,914.60 62,706,354.20 33,760.00 33,760.00 46,376,907.52 45,195,913.01 2,102,780.20 1,180,994.51 2,102,780.20 1,180,994.51 48,479,687.72 46,376,907.52 293,543,191.27 301,344,323.00 41,944,858.38 22,781,851.60 33,348,340.40 30,582,983.33 302,139,709.25 293,543,191.27 1. 2004 21.4828% 21.5757% 0.9768 0.9768 2.1941% 2.2035% 0.0998 0.0998 3.4117% 3.4265% 0.1551 0.1551 3.4868% 3.5019% 0.1585 0.1585 * 41,944,858.38 267,964.30 1,354,052.32 162,913.20 42,868,033.20 69
2. (1) = = (2) (ROE) ROE P E 0 +NP2+E i M i M 0 -E j M j M 0 P NP E 0 E i E j M 0 M i M j (3) EPS EPS P S 0 +S 1 +S i M i M 0 -S j M j M 0 P S 0 S 1 S i S j M 0 M i M j 2004 70
2005 3 23 71