2004 2004 8 28

2004 2004 8 17 1

...3...4...5...6...6...15...20...20...20...21 2

255010 2003 8 8 2,014,721,673.08 : : : = 65% 35% 88 46 200121 021-50478080-6520 021-50478920 http://www.gtja-allianz.com customer.service@gtja-allianz.com 55 100032 010-66107333 010-66106904 custodian@icbc.com.cn 3

www.gtja-allianz.com 2004 1 6 175,567,030.82 0.082-52,809,612.79-0.026 1,961,912,060.29 0.974 7.58% -4.41% 3.00-6.09% -11.81% -4.41% 3.00% -7.82% -16.21% -6.79% -11.52% 1.73% 4.40% 2.38% 14.52% 2003.8.8-2004.6.30 22.00% 17.00% 12.00% 7.00% 2.00% -3.00% -8.00% -13.00% 2003-8-8 2003-10-8 2003-12-8 2004-2-8 2004-4-8 2004-6-8 4

100 32 2004 GDP 5

2004, 2004 2004 2004 6 30 2003-12-31 2004-6-30 189,170,002.05 182,099,673.22 250,000.00 951,944.78 12,870,699.27 334,098.48 6

4(1) 10,231,363.84 6,563,861.67 410,971,085.00 30,410,745.00 1,521,779,815.50 1,182,488,610.86 1,366,949,318.81 1,240,137,465.98 1,144,570,525.38 634,566,634.36 1,138,954,430.99 635,355,583.28 100,000,000.00 4(2) 257,343.04 129,375.20 3,390,100,834.08 2,037,544,943.57 2,250,013.14 458,520,806.78 6,383,844.95 166,371.63 7,833.30 3,644,378.99 2,452,502.03 607,396.51 408,750.32 4(4) 1,298,652.02 505,929.21 17,398.34 4,228.77 4(5) 250,000.00 500,000.00 144,000,000.00 63,000,000.00 4(6) 80,000.00 119,781.56 608,585,004.27 75,632,883.28 4(7) 2,632,380,778.92 2,014,721,673.08 4(8) 147,901,784.09 (129,609,780.33) 1,233,266.80 76,800,167.54 2,781,515,829.81 1,961,912,060.29 3,390,100,834.08 2,037,544,943.57 7

2004 1 1 2004 6 30 2004 1-6 4(9) 171,311,349.26 4(10) 5,358,308.62 10,507,745.50 1,049,232.82 8,464,100.99 229,829.56 4(11) 199,650.45 197,120,217.20 17,376,148.93 2,896,024.83 1,095,135.03.00 4(12) 185,877.59 127,967.84 39,781.56 21,553,186.38 175,567,030.82 (218,884,395.12) (43,317,364.30) 175,567,030.82 1,233,266.80-9,701,057.75 167,099,239.87-90,299,072.33 76,800,167.54 8

2004 1 1 2004 6 30 2004 1-6 2,781,515,829.81 175,567,030.82-218,884,395.12-43,317,364.30 368,637,079.34-1,054,624,412.23-685,987,332.89 4(13) -90,299,072.33 1,961,912,060.29 1 ( ) [2003] 80 2003 8 8 3,666,118,148 2 9

[1998]55 [2001]61 [2002]128 [2004]78 (1) (2) 2003 2004 1 1 (3) 2003 2004 1 1 20% (4) 0.2% 3 (1) (2) a 2004 1 1 2004 6 30 ( ) 1,052,814,014.95 39.05% ( ) 267,552,204.95 46.22% ( ) 40,400,000.00 11.07% ( ) 841,849.18 38.66% 10

1 1 b 1.5% 17,376,148.93 1.5% 0.25% 2,896,024.83 0.25% c 161,250,000.00 100,000,000.00 83,232.88 246,705,000.00 1,319,800,000.00 548,231.00 4 1 2004 6 30 30,884.07 6,532,977.60-6,563,861.67 2 2004 6 30 129,375.20 129,375.20 3 11

2004 6 30-57,648,855.12-788,948.92-58,437,804.04 4 2004 6 30 297,933.65 51,885.81 25,768.47 66,111.17 64,230.11 505,929.21 5 2004 6 30 500,000.00 500,000.00 6 2004 6 30 119,781.56 119,781.56 7 2004 6 30 2,632,380,778.92 338,871,586.82 956,530,692.66 12

2,014,721,673.08 8 2004 6 30 147,901,784.09-218,884,395.12 20,403,417.51 79,030,586.81-129,609,780.33 9 2004 1 6 1,533,280,840.74 1,360,675,291.68 1,294,199.80 171,311,349.26 10 2004 1 6 1,012,510,036.44 996,560,617.20 10,591,110.62 5,358,308.62 11 2004 1 6 199,650.45 199,650.45 13

12 2004 1 6 127,967.84 39,781.56 18,128.19 185,877.59 13 2004 1 1 2004 6 30 2004 3 3 2004 3 8 10 0.40 2004 3 9 90,299,072.33 53,659,813.42 36,639,258.91 5 1 2000 5 18 [2002]54 2002 5 20 2004 6 30 2004.06.24 2004.07.06 33,000 138,600.00 138,600.00 2004.07.06 2004.06.25 2004.07.07 22,000 140,800.00 140,800.00 2004.07.07 2004.06.21 2004.07.05 12,000 137,040.00 137,040.00 2004.07.05 2004.06.22 2004.07.05 13,000 91,390.00 91,390.00 2004.07.05 2004.06.23 2004.07.05 7,000 42,840.00 42,840.00 2004.07.05 14

2004.06.24 2004.07.08 8,000 69,040.00 69,040.00 2004.07.08 2004.06.25 2004.07.08 6,000 39,720.00 39,720.00 2004.07.08 2004.06.28 2004.07.08 10,000 75,000.00 75,000.00 2004.07.08 2004.06.29 2004.07.13 10,000 104,300.00 104,300.00 2004.07.13 2004.06.30 2004.07.13 6,000 51,300.00 51,300.00 204.07.13 2004.06.23 2004.07.05 5,003,280 31,920,926.40 32,621,385.60 2004.07.05 5,130,280 32,810,956.40 33,511,415.60 2 2004 6 30 63,000,000.00 63,000,000.00 2004 7 7 2004 6 30 69,020,000.00 182,099,673.22 8.94% 1,182,488,610.86 58.03% 634,566,634.36 31.14% 38,390,025.13 1.88% A - - B 118,545,767.36 6.04% C 545,701,014.89 27.82% C0 5,720,410.00 0.29% C1 39,720.00 0.00% C2 - - C3 736,370.00 0.04% C4 70,950,842.04 3.62% C5 85,344,288.80 4.35% C6 160,538,485.83 8.18% C7 183,715,957.20 9.37% C8 38,654,941.02 1.97% C9 - - 15

D 111,922,109.14 5.70% E 46,151,199.90 2.35% F 105,042,115.55 5.35% G 138,633,034.12 7.07% H 22,863,780.84 1.17% I 21,233,660.16 1.08% J 72,395,928.90 3.69% K - - L - - M - - 1,182,488,610.86 60.27% 1 000063 4771790 97,058,208.60 4.95% 2 600028 15707592 75,239,365.68 3.84% 3 600104 6753365 57,538,669.80 2.93% 4 000002 10563048 51,336,413.28 2.62% 5 600900 5933167 50,313,256.16 2.56% 6 000758 6500169 46,151,199.90 2.35% 7 000089 4033275 41,986,392.75 2.14% 8 600005 6308280 41,129,985.60 2.10% 9 600018 3157550 39,627,252.50 2.02% 10 600085 2098531 38,654,941.02 1.97% 11 600688 6311430 37,931,694.30 1.93% 12 600001 7036276 37,081,174.52 1.89% 13 600205 3009807 34,010,819.10 1.73% 14 600418 2399821 31,197,673.00 1.59% 15 000727 5088768 30,329,057.28 1.55% 16 600019 4754358 29,904,911.82 1.52% 17 600886 1826121 28,816,189.38 1.47% 18 600207 2769364 28,690,611.04 1.46% 19 600050 7979933 27,530,768.85 1.40% 20 600795 3574159 24,304,281.20 1.24% 21 600009 2110673 23,428,470.30 1.19% 22 000096 3408068 22,595,490.84 1.15% 23 600383 1999954 21,059,515.62 1.07% 24 600182 *ST 2463238 20,765,096.34 1.06% 25 600066 2218443 20,498,413.32 1.04% 26 600475 1308237 16,666,939.38 0.85% 16

27 000983 1494041 15,388,622.30 0.78% 28 000068 1499614 15,341,051.22 0.78% 29 600584 1702254 14,043,595.50 0.72% 30 600406 917693 13,939,756.67 0.71% 31 600563 863411 13,460,577.49 0.69% 32 600674 2450777 12,915,594.79 0.66% 33 600547 1062353 12,684,494.82 0.65% 34 000581 1304453 12,261,858.20 0.62% 35 600036 1258392 10,671,164.16 0.54% 36 600030 1517600 10,562,496.00 0.54% 37 600352 1457220 9,136,769.40 0.47% 38 000100 TCL 1317223 9,075,666.47 0.46% 39 600011 866160 8,349,782.40 0.43% 40 600348 802733 8,284,204.56 0.42% 41 600150 1082054 7,888,173.66 0.40% 42 600497 597000 6,949,080.00 0.35% 43 600089 693256 6,939,492.56 0.35% 44 000630 600000 5,496,000.00 0.28% 45 600132 415600 5,340,460.00 0.27% 46 600747 931651 4,732,787.08 0.24% 47 600002 307700 2,972,382.00 0.15% 48 600966 58000 575,940.00 0.03% 49 600962 51000 379,950.00 0.02% 50 600981 33000 268,290.00 0.01% 51 600984 22000 140,800.00 0.01% 52 600982 33000 138,600.00 0.01% 53 002011 12000 137,040.00 0.01% 54 002017 10000 104,300.00 0.01% 55 002010 6000 93,600.00 0.00% 56 002012 13000 91,390.00 0.00% 57 002016 10000 75,000.00 0.00% 58 002014 8000 69,040.00 0.00% 59 002018 6000 51,300.00 0.00% 60 002013 7000 42,840.00 0.00% 61 002015 6000 39,720.00 0.00% 1 600036 102,168,810.97 3.67% 17

2 600028 75,740,695.90 2.72% 3 000002 66,329,680.27 2.38% 4 600205 59,515,372.67 2.14% 5 600104 58,596,569.50 2.11% 6 000758 57,580,478.29 2.07% 7 000063 54,749,658.46 1.97% 8 600688 54,227,483.87 1.95% 9 000089 53,612,455.59 1.93% 10 000100 TCL 44,187,521.38 1.59% 11 600085 41,774,580.75 1.50% 12 600005 40,824,885.28 1.47% 13 000727 35,101,787.46 1.26% 14 000096 34,555,985.04 1.24% 15 600207 32,828,809.97 1.18% 16 600009 31,470,427.48 1.13% 17 600569 29,554,814.96 1.06% 18 000542 TCL 27,422,020.04 0.99% 19 600198 26,352,673.34 0.95% 20 600066 25,964,787.14 0.93% 1 600036 171,866,907.93 6.18% 2 600028 60,277,479.20 2.17% 3 600020 54,997,113.22 1.98% 4 000100 TCL 54,642,086.54 1.96% 5 600019 54,022,122.38 1.94% 6 600029 53,246,816.67 1.91% 7 600183 51,035,430.51 1.83% 8 600642 50,441,627.66 1.81% 9 600000 45,185,022.68 1.62% 10 600050 42,872,263.21 1.54% 11 000024 35,875,233.41 1.29% 12 600005 32,672,559.51 1.17% 13 600583 31,320,371.11 1.13% 14 600569 31,058,003.33 1.12% 15 000792 29,567,900.99 1.06% 16 600320 29,436,196.60 1.06% 17 600688 29,100,743.21 1.05% 18 600367 28,084,886.82 1.01% 19 600795 27,759,748.08 1.00% 20 600198 27,347,868.34 0.98% 1,261,285,458.89 18

1,533,280,840.74 193,060,783.00 9.84% - - 219,734,295.89 11.20% 101,393,434.64 5.17% 120,378,120.83 6.13% 634,566,634.36 32.34% 1 03 05 98,600,000.00 5.03% 2 04 01 79,920,000.00 4.07% 3 03 27 79,854,295.89 4.07% 4 03 60,531,452.05 3.09% 5 59,742,771.90 3.05% 1 2 3 2004 6 30 37,242,858.15 1,961,912,060.29 4 100087 4,288,400.00 0.22% 100096 14,105,808.00 0.72% 100567 72,474.40 0.00% 100795 3,639,710.00 0.19% 110001 59,742,771.90 3.05% 19

125729 396,025.00 0.02% 125959 10,338,276.27 0.53% 38,609 52,182.70 1,149,474,551.12 57.05% 865,247,121.96 42.95% 2003 8 8 3,666,118,147.89 2,632,380,778.92 338,871,586.82 956,530,692.66 2,014,721,673.08 2004 3 1 10 0.40 2004 3 8 2004 3 9 20

1 2 1,052,814,014.95 39.05% 841,849.18 38.66% 1 85,007,386.69 3.15% 68,979.05 3.17% 1 302,493,401.44 11.22% 247,816.73 11.38% 1 540,091,463.37 20.03% 440,331.33 20.22% 1 293,711,924.93 10.90% 240,459.06 11.05% 1 35,331,684.86 1.31% 28,295.00 1.30% 2 241,555,297.39 8.96% 190,955.57 8.77% 1 66,687,750.53 2.47% 54,374.87 2.50% 1 78,329,108.50 2.91% 64,230.11 2.95% 2 267,552,204.95 46.22% 40,400,000.00 11.07% 87,647,902.70 15.14% - - 22,615,322.20 3.91% - - 39,677,426.60 6.85% 217,400,000.00 59.59% 49,444,337.60 8.54% - - 17,487,246.60 3.02% 50,000,000.00 13.71% 63,885,273.72 11.04% 57,000,000.00 15.63% 30,570,965.00 5.28% - - - - - - 1 2 3 4 5 6 7 21

8 88 46 (021)38784766 http://www.gtja-allianz.com 2004 8 28 22