Jiwa Bio-Pharm Holdings Limited * 2004 *
2 (AHKSA, ACCA) Conyers Dill & Pearman 151 Clarendon House 2 Church Street Hamilton HM 11 Bermuda 89 1 2904 2906 515 62 The Bank of Bermuda Limited Bank of Bermuda Building 6 Front Street Hamilton HM11 Bermuda 56 www.jiwa.com.hk 2327
3 202,950 188,762 7.5% 107,312 91,424 17.4% 58,855 45,275 30.0% 41,019 30,813 33.1% 327,434 181,961 79.9% 93,966 35,819 162.3% 164,168 81,740 100.8% (%) 18.0% 24.9% (27.7%) (%) 25.0% 37.7% (33.7%) (%) 52.9% 48.4% 9.3% (%) 20.2% 16.3% 23.9% 3.69 1.78 107.3% 3.33 1.44 131.3% (%) 28.7% 19.7% 45.7% x 100% x 100% x 100% x 100% x 100%
4 170 1 2 3 4 5 6 7 1. 2. 3. 4.5.6. 7. 8. 9. 10. 11. 12.13. 14. Artrodar
5 7,172.5 2002 8 9 10 11 2,360,676,000 1,500,000 174.9 12 13 Artrodar 14
6 15 16 17 18 19 20 15. 16. 17. 18. 19. 20.
7 7.5%203,000,000 58,900,000 30.0%33.1% 41,000,00011.4% 9.8 1.3 5 GMP
8 20 28 3 7 130 27 6 5,300
9 Artrodar 6 GMP 20 3
10 1. 2. 3. 19.7% 28.7% 93,900,000 35,800,000 327,400,000182,000,000
11 4. 5. 24 6. GMP GMP 7.
12 13 8. 25%
13 13.13%16.08% GMP GMP
14 41,000,00033.1%203,000,000 188,800,0007.5%9.8 8.811.4% 72.1% 68.0%146,300,000 128,400,000 13.9% 43,400,00028,600,00051.7% (Yunnan Technology & Quality Administration)(Yunnan Famous Brand Award)
15 48,100,00051,300,000 6.2% 23.7% 27.2% 18,100,00020,500,00011.7% Artrodar Artrodar 8,500,0009,100,000 6.6%4.2% 4.8% 2,300,0001,100,000 1,900,000 3,600,000 1,900,000 400,0001,700,0001,500,000
16 800,0006,200,000 34,00038,000 8 6 GMP
17 Artrodar 87,300,00041,900,000 21% 75%4% 1,000,000 110,600,000 100,300,000 74,600,00019,300,000 6,400,000 110,600,000 89,600,000 100,300,000 89,600,000
18 20,000,000 4.779%25,000,0005.49%50,000,0004.941% 28.7%19.7% 93,900,00035,800,000 327,400,000 182,000,000 21,000,000 28,280,00010,700,000 4,300,0006,400,000 6,900,000 16,791 13,021 1,402 3,340 18,193 16,361 52,757 18,193 69,118
19 57,400,000 43,600,000 4,000,000 24,000,000GMP 12,000,000 3,600,000 333 15,900,000 10
20 66 LAUs Holding Co. Ltd. 56% 63 MINGS Development Holdings Limited 7%
21 34 WHYS Holding Co Ltd 7% 56
22 XV 73 XV 42 50GMP 41
23 33 Chemical Research in Chinese Chemistries 46 Eli Lilly 53 40
24 18 14 41.6% 1 69.1% 14.2% 41.2% 1 33 5% 33 71
25 1.3 41,000,00030,800,000 29 1.3 25% 14,900,0001,100,000 15 28
26 3.13 352
27 (i) 1 15,468,000 280,000,000 295,468,000 59.09% 3 2,266,000 35,000,000 37,266,000 7.45% 4 35,000,000 35,000,000 7.00% 2 1. 2. MINGS Development Holdings Limited 35,000,000 3. LAUs Holding Co Ltd 280,000,000 4. WHYS Holding Co Ltd 35,000,000 (ii) 352
28 50,000,000 9,266,000 10% 1 0.375 7,266,000 0.377 0.375 2,000,000 0.377 0.375
29 336 LAUs Holding Co Ltd 1 280,000,000 56% MINGS Development Holdings Limited 2 35,000,000 7% WHYS Holding Co Ltd 3 35,000,000 7% 1. LAUs Holding Co. Ltd., 2. MINGS Development Holdings Limited 3. WHYS Holding Co Ltd XV 336 30 33
30 ( 93% 7%) 60% 40%33 28 22 72 73
31 25 14 25%
32 33 71 90
33 4 202,950 188,762 (95,638) (97,338) 107,312 91,424 5 387 178 5 (98) 97 (24,521) (23,953) (22,414) (21,054) (1,811) (1,417) 58,855 45,275 6(a) (1,273) (1,600) 6 57,582 43,675 7(a) (5,054) (3,930) 52,528 39,745 (11,509) (8,932) 10, 29 41,019 30,813 11 6,500 16,000 12 9.80 8.80 12 9.80 40 71
34 15 69,071 42,428 16 61,664 4,520 17 1,148 27(b) 5,701 6,179 137,584 53,127 19 18,145 24,480 20 65,291 45,170 16,217 17,264 1,614 27(a) 1,256 31 87,327 41,920 189,850 128,834 22 19,322 31,477 21 23,119 25,411 23 2,972 8,585 4,792 5,330 27(a) 1,295 1,444 51,500 72,247 138,350 56,587 275,934 109,714 22 74,644 4,342 37,122 23,632 164,168 81,740
35 28 5,000 2,200 29 159,168 79,540 164,168 81,740 ) ) ) ) ) 40 71
36 18 82,380 46,139 31 11,018 57,157 84 57,073 139,453 28 5,000 29 134,453 139,453 ) ) ) ) ) 40 71
37 81,740 58,927 29 41,019 30,813 11 (16,000) (8,000) 28 (2,200) 28 200 29 2,000 28 1,500 29 55,909 57,409 164,168 81,740 40 71
38 57,582 43,675 (269) (158) 1,273 1,600 3,813 3,214 804 (28) 62,371 49,135 6,335 (5,187) (20,121) 12,732 9,523 (11,667) (1,614) 8,451 (2,292) (4,651) (1,266) 1,897 52,936 50,710 (4,435) (2,417) (1,546) (1,840) 46,955 46,453
39 (65,163) (19,157) 56 30 3,671 269 158 (61,167) (18,999) 66,039 35,599 (40,222) (30,072) (3,286) (1,709) 57,409 (16,000) (17,007) (3,632) 60,308 (13,189) 46,096 14,265 41,231 26,966 31 87,327 41,231 (i) 37,710,000 53,710,000 10,400,000 5,600,000 (ii) 53,710,00071,710,000 3,000,0009,750,000 5,250,000 (iii) 13,166,000 40 71
40 1 2 3 (a) (b)
41 3 (c) 3(g) (d) (i) (ii)
42 3 (e) (i) 3(g) (ii) (iii) 20 30 3 5 15 5 (iv) (f) (g)
43 3 (g) (i) (ii) (h) (i)
44 3 (j) (i) (ii) (iii)
45 3 (j) (iv) (v) (k) (i) (ii) (iii)
46 3 (l) (m) (i) (ii) (iii)
47 3 (n) (o) (p) (q)
48 3 (q) 4 5 269 158 118 20 387 178 (126) (82) 28 179 (98) 97
49 6 (a) 3,286 1,709 (2,013) (109) 1,273 1,600 5.0% 4.8% (b) 14,989 10,211 947 724 15,936 10,935 809,959 640,000 6(c) (c) (i) 93,620 95,547 855 200 3,813 3,214 804 1,806 1,897 134 33(ii) 2,500 (iii) 1,715 1,502 (532) (447) (i) 4,807,000 4,493,000 (ii) 706,010 (iii) 289,000 654,000
50 7 (a) 4,401 2,848 (5) 49 4,396 2,897 2,829 2,044 (2,649) (1,338) 180 706 27(b) 478 327 5,054 3,930 16% 17.5% 17.5%16% 33% 24% 15% 50% 10% 10%
51 7 (a) 2,808,112 1,418,182 (b) 57,582 43,675 7,523 5,392 98 62 (48) (309) (2,649) (1,338) 135 74 (5) 49 5,054 3,930 8 161 160 2,460 1,833 21 21 2,641 1,854 160,000
52 8 26 1,000,000 4 3 1,000,0001,500,000 1 9 9 8 1,317 952 314 36 1,667 952 1,000,000 3 2 10 336,000
53 11 (a) 0.013 6,500 16,000 (b) 16,000 8,000 8,000,00016,000,000 12 (a) 41,019,000 418,750,000 30,813,000 28 350,000,000
54 12 (b) 41,019,000 418,751,543 (c) 418,750,000 1,543 418,751,543 13 12 3(j) 14 (i) (ii) (iii)
55 14 146,336 128,361 48,093 51,286 8,521 9,115 202,950 188,762 4,702 4,831 4,702 4,831 151,038 133,192 48,093 51,286 8,521 9,115 4,702 4,831 202,950 188,762 43,429 28,642 18,123 20,459 2,299 1,109 4,702 4,831 59,149 45,379 (294 ) (104 ) 58,855 45,275 (1,273 ) (1,600 ) (5,054 ) (3,930 ) (11,509 ) (8,932 ) 41,019 30,813 3,366 2,863 428 341 19 10 3,813 3,214 804 804 182,623 91,737 44,939 34,376 1,151 5,619 228,713 131,732 98,721 50,229 327,434 181,961 17,478 28,266 9,131 9,767 399 1,192 27,008 39,225 99,136 37,364 126,144 76,589 87,127 6,081 501 13,107 78 87,628 19,266
56 15 24,035 1,867 25,661 2,918 54,481 11,400 11,400 3,463 637 1,085 1,024 6,209 (252) (252) 16 12,085 790 12,875 50,983 2,252 27,536 3,942 84,713 3,327 1,275 6,756 695 12,053 899 186 2,273 455 3,813 (224) (224) 4,226 1,237 9,029 1,150 15,642 46,757 1,015 18,507 2,792 69,071 20,708 592 18,905 2,223 42,428
57 15 (a) 10,996 11,200 35,761 9,508 46,757 20,708 50 5010 (b) 804,000 (c) 22 6,856 7,000 (d) 27,383,000 2,358,000 16 4,520 205 9,052 60,967 6,028 15 (12,875) (1,713) 61,664 4,520 GMP
58 17 1,148 18 82,380 100,000 100% 0.5 1,000 100% 1,000 1,000 100% 1,000 200 100% 1,000 71,710,000 65% (a) 800,000 100% (a) (b)
59 18 (a) (b) 6,240,000 3(c) 19 8,566 11,986 3,930 4,607 5,649 7,887 18,145 24,480 20 30180 360 51,689 36,335 7,625 4,914 2,298 4,453 (532) 61,612 45,170 3,679 65,291 45,170
60 21 2,237 104 14,553 16,145 2,153 16,790 18,402 6,329 7,009 23,119 25,411 22 19,322 31,477 4,342 72,706 1,938 74,644 4,342 93,966 35,819
61 22 689 4,343 6,828 89,623 28,302 93,966 35,819 7,000,000 6,856,000 21,000,000 23,369,000 6,377 10,652 4,343 7,517 10,720 18,169 23
62 24 283 25 25% 5%20,000 26 10%
63 26 (a) 9,266,000 9,266,000 9,266,000 (b) 0.375 0.377 9,226,000 (c) 0.377 9,226,000 1
64 27 (a) (b) 2,661 3,521 324 6,506 (116) (102) (109) (327) 2,545 3,419 215 6,179 (86) (177) (215) (478) 2,459 3,242 5,701 28 0.01 1,000,000,000 10,000 1,000 2,200 2,200 2,200 2,200 2,200 2,200 (2,200) (2,200) (iv) 20,000,000 200 (v) 330,000,000 3,300 (vi) 150,000,000 1,500 500,000,000 5,000 2,200 2,200
65 28 (i) (ii) 100,000 10,000,000 (iii) 990,000,000 0.01 100,000 10,000,000 (iv) 10,000,0000.01 (ii)10,000,000 (v) 3,300,000 330,000,0000.01 (vi) 150,000,000 0.010.48 57,409,000 (vii)
66 29 (iii) (iii) 2,830 53,897 56,727 11 (8,000 ) (8,000) 30,813 30,813 (iii) 25 25 (50 ) 25 2,855 76,660 79,540 25 2,855 76,660 79,540 11 (16,000 ) (16,000) 2,000 2,000 (iii) 17 17 (34 ) (ii) (2,830) 2,830 70,500 70,500 (14,591) (14,591) 28(v) (3,300) (3,300) 41,019 41,019 52,609 2,000 42 42 2,830 101,645 159,168 (i) 82,180 82,180 (336) (336) 70,500 70,500 28(v) (3,300) (3,300) (14,591) (14,591) 52,609 82,180 (336) 134,453
67 29 (i) 54 (ii) 3,000,000 (iii) 30 6,240,000 11,400 9,052 1,148 9,911 8,476 (728) (33,019) 6,240 (9,911) (3,671)
68 31 87,327 41,920 11,018 87,327 41,920 11,018 22 (689) 87,327 41,231 32 (a) 486 800 34 113 520 913 (b) 16,791 13,021 1,402 3,340 18,193 16,361 52,757 18,193 69,118
69 33 (a) (i) 24,366 25,328 (ii) 16,862 6,165 (i) 436 526 (iii) 58 79 (iv) 1,116 651 (i) (ii) (iii) (iv)
70 33 (b) (i) 2,500 (ii) 4,500 (iii) 94 (iv) 12,421 (v) 6,240 (i) (ii) 4,500,000 (iii) 100,000 (iv) 13,166,000 (v) 6,240,000 (vi) 23,369,000
71 33 (c) (i) 29 1,585 1,614 (ii) 2,972 8,585 (iii) 3,790 1,693 17,635 4,846 21,425 6,539
72 177,909 186,395 188,762 202,950 31,706 39,679 45,275 58,855 (364) (839) (1,600) (1,273) 31,342 38,840 43,675 57,582 (735) (5,029) (3,930) (5,054) (8,282) (9,018) (8,932) (11,509) 22,325 24,793 30,813 41,019 6.38% 7.08% 8.80% 9.80% 9.80%
73 16,599 31,495 42,428 69,071 1,020 205 4,520 61,664 1,148 6,548 6,506 6,179 5,701 24,167 38,206 53,127 137,584 96,511 129,409 128,834 189,850 59,080 90,685 72,247 51,500 37,431 38,724 56,587 138,350 61,598 76,930 109,714 275,934 10,736 4,342 74,644 16,728 18,003 23,632 37,122 34,134 58,927 81,740 164,168 2,200 2,200 2,200 5,000 31,934 56,727 79,540 159,168 34,134 58,927 81,740 164,168 12
74 56 89 1 2904 2906 (AHKSA, ACCA) +852 2810 8991 +852 2115 9832 vincenth-finc-hk@jiwa.com.hk www.jiwa.com.hk