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3 4 6 8 11 13 14 24 26 29 79 74 2 2

XINJIANG INTERNATIONAL INDUSTRY CO. LTD XIIC 0991 2885951 2886434 0991 2885951 2861579 45 : 22 830011 45 830001 zqb00159@mail.xj.cninfo.net : : http://www.cninfo.com.cn : 000159 1999 3 28 22 2000 9 13 3 3

22 500001000557 650104712966815 30 0991 2817668 830002 ( ) -11,869,691.40 1,841,216.56 6,717,469.44 96,819,589.52 2,913,207.39 16,282,675.53 22,358,624.43 228,377.00-50,739,368.36 5,983,533.55 91,791,068.10 : 1-33,103,565.13 2 2002 1,000,000.00 3 40 24,522,806.76 4 1,854,096.15 5-850,409.34 4 4

2002 2001 2000 513,387,423.08 310,010,215.11 310,010,215.11 349,994,072.48 349,994,072.48 1,841,216.56 24,908,482.63 25,451,337.95 25,735,958.02 24,416,612.84 1,589,689,600.46 1,506,089,854.74 1,506,385,580.83 893,303,773.92 887,132,133.76 593,308,888.30 584,731,970.94 585,274,826.26 565,553,847.28 559,822,812.42 0.0107 0.1450 0.1482 0.1913 0.2047 0.0391 0.0919 0.0951 0.1057 0.1164 ( ) 3.4536 3.4037 3.4069 3.2921 3.2587 3.2655 3.3134 3.3165 3.2793 3.2124 0.0348 0.2073 0.2073-0.7754-0.7754 % ( ) 0.31 4.26 4.35 4.55 4.36 1.13 2.78 2.79 8.31 % / 16.32 16.52 0.5636 0.5636 2.74 2.78 0.0948 0.0948 0.31 0.31 0.0107 0.0107 1.13 1.15 0.0391 0.0391 171,792,300.00 366,217,634.57 12,603,404.78 6,301,702.39 34,661,486.91 585,274,826.26 6,192,845.48 1,841,216.56 8,034,062.04 171,792,300.00 372410,480.05 12,603,404.78 6,301,702.39 36,502,703.47 593,308,888.30 589.28 30 5 5

1 101,792,300 94,792,300 7,000,000 2 3 4 101,792,300 1 70,000,000 2 3 70,000,000 101,792,300 94,792,300 7,000,000 101,792,300 70,000,000 70,000,000 171,792,300 171,792,300 [2003]90 9179.23 2003 3 29 ( ) 7000 2000 9 1 A 6 6

7000 5.88 2000 9 26 7000 A ( ) ( ) 1 39522 2 ( ) ( ) ( ) ( ) 91,792,300 53.43% 63,326,099 3,500,000 2.04% ( ) 3,000,000 1.75% 3,000,000 2,000,000 1.16% 1,500,000 0.87% -29,000 366,200 0.21% -16 020 350,000 0.20% -600 275,365 0.16% +247,505 247,505 0.14% 215,810 0.13% (1) 63,326,099 28,326,099 35,000,000 (2) 3,000,000 3. ( ) 1997 12 29 11905 1995 9 19 6658 7 7

45 2002.5.31-2005.5.31 43 / 2002.5.31-2005.5.31 43 / 2002.5.31-2005.5.31 33 2002.5.31-2005.5.31 32 2002.5.31-2005.5.31 39 2002.5.31-2005.5.31 44 2002.5.31-2005.5.31 40 2002.5.31-2005.5.31 38 2002.5.31-2002.12.23 40 2002.5.31-2002.12.23 36 2002.5.31-2002.12.23 45 2002.5.31-2002.12.23 40 / 2002.5.31-2002.12.23 35 2002.5.31-2005.5.31 62 2002.5.31-2005.5.31 40 2002.5.31-2005.5.31 28 2002.5.31-2005.5.31 42 2002.5.31-2005.5.31 47 2002.5.31-2002.12.23 33 2002.5.31-2002.12.23 39 2002.12.23-2005.12.23 38 2002.5.31-2005.5.31 1 2002 12 23 2003 2 3 8 8 2000.3.1 2003.3.1 2003.3.1 2003.12.31

2003.3.1 2003.12.31 2003.3.1 2003.12.31 2003.3.1 2003.12.31 2003.3.1 2003.12.31 2003.3.1 2003.12.31 1 2002 2 5 657,300 282,000 294,700 2000 ( ) 2 8 11 5 8 2 5 4 3 3 3 2002 2 5 9 9

2002 4 2 2002 5 31 2001 2002 5 31 2002 12 23 6 1007 67 64 11 665 89 56 77 238 547 10 10

2002 2002 5 31 2001 5 2003 6 30 1/3 2002 4 4 2002 5 6 2001 11 11

1 2 3 4 5 2002 12 12

2001 2002 4 5 2002 5 31 2001 2002 5 31 2001 5 10029.36 17179.23 58.38 2001 2001 2001 2001 2002 2001 2002 6 1 2002 2002 8 15 2002 9 21 2002 2002 9 21 6 10179.24 17179.23 59.25 1000 13 13

2002 900 2002 9 23 2002 ( ) 8000 7644.81 2002 2002 2003 ( ) ( ) 3,731.96 7.27 1,165.30 12.04 35,882.28 69.89 6,947.61 71.76 11,724.49 22.84 1,568.53 16.20 51,338.73 100.00 9,681.44 100.00 14 14

2 / (1) 60% 40% 60% 240 5% (2) 2002 2001 (%) (%) 3731.96 2,543.66 31.84 9,155.29 6,165.79 32.65 35882.28 26,952.23 24.89 8,812.52 4,137.73 53.05 11724.49 10126.69 13.63 13,033.21 12,288.05 5.72 51338.73 39622.58 31001.02 22591.57 ( ) 1 4204 99.905% 5,049.04 2002 2 2039.24 93.17% 5,689.94 2002 20.32 3 730 95.89% 2,681.36 2002-247.48 4 300 65% 1,945.53 2002-25.23 15 15

5 4000 35% 73,956.86 2002 6947.61 6 5003.8 15.98% 9768.852 2002 633.19 7 5368.9 18.63% 7083.8 2002 678.62 ( ) 1 ( ) 1-5806.00 14.65 2-5397.00 13.62 3-4570.00 11.53 4 497.60 704.56 1.78 5 5000 500.00 1.26 16273.00 42.84 2 (%) 1 8,423.60 16.41 2 7,280.40 14.18 3 4,704.00 9.16 4 2,036.17 3.97 5 1,543.77 3.01 15,564.34 30.32 16 16

( ) 1 2002 2 8000 2002 3 2002 2002 4 1850 2001 10498 82.38% 225 45% 300 1 98.36% 1000 17 17

18.63% 325 65% 2000 9 1 39845 2002 12 31 26838.63 67.37% ( ) ( ) ( ) ( ) ( ) 4764.63 4965 6840 6840 370 370 1000 3000 1800 2000 8298.8 4920 800 4710 900 2234 810 4500 200 6306 200 330-7.0489 525.2 259.92 26838.63 13259.23 40097.87 40097.87 1 398,450,000.00 398,379,510.53 70,489.47 2 ( ) 1 4965 4 5737.01 4764.63 ( )2 2003 6840 7365.2 18 18

370 120-247.48 2 ( ) ( ) 3000 1000 2001 2002 2000 1800 4920 8298.8 4710 800 2234 900 525.2 810 200 200 330 3 ( ) 6306 4500 2000 3 4 (1) 2001 6 8298.8 5000 3916 23844.1 (2) 4764.43 2002 5 19 19

3.6 (3) 3000 2001 2002 1000 2002 5 21 6 1 ) 2002 6 ( ) 2002 2001 2001 % 1,589,689,600.46 1,506,385,580.83 5.53 593,308,888.30 585,274,826.26 1.37 96,819,589.52 77,637,759.09 24.71 1,841,216.56 25,451,337.95-92.77 91,791,068.10-49,881,877.19 284.02 589.28 30 8000 7644.81 2002 ( ) 2002 WTO 20 20

2002 ( ) 2002 8 2002 2001 8000 7644.81 2002 2002 21 21

GAP ISO9001 2000 2003 7.5 46.20% 1.25 29% 10 1 2002 2 5 3000 2001 2 2002 3 5 < > 3 2002 4 2 2001 2001 2001 2001 2001 2002 22 22

4 2002 4 24 2002 2001 3000 2001 19.82 5 2002 5 18 1000 900 6 2002 5 31 7 2002 8 12 2002 2002 2002 8 2002 10 28 2002 9 2002 12 23 10 2002 12 24 23 23

2003 2002 2002-2,836,200.00 28,124,850.59 1 2002 2 6 3000 2 2002 4 2 2001 2001 2001 2002 2001 3 2002 4 24 2001 19.82 4 2002 5 18 1000 900 5 2002 5 31 6 2002 8 12 2002 24 24

7 2002 12 23 8 2002 12 24 ( ) ISO9000 ( ) 2002 2002 ( ) 1000 ( ) ( ) ( ) 2002 2001 25 25

5 1 2002 2 19 (2001) 197 430 2002 3 22 2 2002 8 19 2001 188 2002 12 12 336.56 2001 10 31 3 2002 8 19 2,030,540 2002 8 27 4 8000 2002 8 24 2002 83 2002 10 12 25 5 2002 10 31 2002 30 ( 21,228,497.6 ) 5,425,353.85 2002 11 9 1 2002 12 22 26 26

105 4 3500 1750 2002 25,124,796.35 2 3027 3027.67 ( ) ( ) 2002 6 20 8 12 149,632.9 4,172.42 ( ) 2002 12 31 ( ) 85,109,279.54 ( ) 4,052,348.00 7,270,000.00 55,000,000.00 ( ) 27 27

( ) 10000 7000 ( ) 2001 6 27 3500, 224 2002 3 3660 ( ) 25% 15% 1750 1050 38.748% 2002 12 31 14,250,000.00 4 2002 30 ( ) 2000 10 4.5 2002 12 1.2295 2002 1.2 2.0805 5 28 28

29 29

30 Zip code :830002 (Tel):0991-2833333 Fax :0991-2815074 Email:WZHXCPA_CN@sina.com Xinjiang Huaxi Branch of Wuzhou Certified Public Accountants [2003]8-2002 12 31 2002 2002 2002 12 31 2002 2002 30 30

1 8000 2002 83 280800 123.56 119730 583821.30 8000 7644.81 2002 2 2002 5 9 300 361.85 2002 12 2002 12 31 2002 2002 2002 31 31

2003 4 7 32 32

2002 2002 [1999]27 1999 3 28 101,792,300.00, 6500001000557 2000 8 29 [2000]118 2000 9 1 70,000,000 1.00 5.88 [2000]088 171,792,300.00 2000 9 26 33 33

1 2 1 1 12 31 3 4 5, 6 7 34 34

8 (1) (2) 9 (1) a b (2) (3) (4) (%) (1) (2) 1 5 1 2 10 2 3 20 3 4 30 4 5 40 5 100 10 35 35

(3) (4) 11 (1) (2) 20% 20% 20%, 20%, 20% 20%, ; 50% (3) (4) ( ) 10 12 (1) ; (2), 36 36

; (3) 13 (1) : a. ; b. ; c. (2) a. b. c. d. e. f. 3 3% ( ) % 25 30 3.23 3.88 5 25 3.88 19.40 37 37

8 12.13 4 10 9.70 24.25 (4) 2001 1 1 14 (1) (2) 3 2001 1 1 15 (1) (2) : 2001 1 1, ; 38 38

16 (1) (2) 17 18 ;, ; ;, ;,, 39 39

19 1. 5% 2. 17%, 13%, 3. 7% ; 5% 1% 4. [2000]79 1999 3 1 2002 3 2002 3 2002 12 14.85% 40 40

33% A B 10% C 10% D E 2003 4 7 2002 2001 215,678.25 2001 2001 206,813.87, 2001 206,813.87 2002, 165,451.10, 41,362.77 16,500,000.00 10,915,918.40 66.16% 59 20,392,350.80 19,000,000.00 93.17% 41 41

45 4,045,000.00 4,000,000.00 98.88%. 38,096,300.00 14,761,517.73 38.748 3,000,000.00 1,950,000.00 65%,( ) (, ) 10 6,950,000.00 6,700,000.00 96.40% 7,300,000.00 7,000,000.00 95.89% 1 10,461,979.89 8,353,945.73 79.85% 4 42,040,000.00 42,000,000.00 99.905% 3,050,000.00 3,000,000.00 98.36% 22 5,000,000.00 3,250,000.00 65% 412 2000 -- 2001 4 10 8,353,945.73 2002 12 2001 12 2002 2002 12 31 3,250,000.00, 5,000,000.00 65% 42 42

,, 3,000,000.00 3,050,000.00 98.36% 1 2002 12 31 2001 12 31 (RMB) (RMB) 140,561.02 112,965.40 378,637,832.44 289,135,548.71 : 378,022,116.94 287,360,983.51 USD 74,386.93 8.2772 615,715.50 214,402.33 8.2768 1,774,565.20 2,261,188.75 0.00 74,386.93 381,039,582.21 214,402.33 289,248,514.11 91,791,068.10 31.73% : 1. 2. 3. 2 2002 12 31 2001 12 31 2,499,669.40 2,500,250.10 -- 0.00 0.00 3.45 2,397,950.10 -- 21.79 94,000.00 23.91 94,000.00 43 43

-- 11.53 8,300.00 14.40 8,300.00 -- 5.98 2,395,169.40 0.00 -- 2.20 2,200.00 0.00 1,288,821.81 0.00 -- 0.9965 790,822.40 0.00 -- 1.0051 497,999.41 0.00 3,788,491.21 2,500,250.10 : 48,808.12 584,002.78 2002 12 30 3 1 2002 12 31 114,971,066.35 (1) : 2002 12 31 2001 12 31 (%) (%) 85,392,720.15 56.89 4,269,636.01 35,401,083.11 35.80 1,770,054.17 6,099,372.72 4.06 609,937.27 40,676,904.21 41.14 4,067,690.42 12,413,171.82 8.27 2,482,634.36 16,703,137.96 16.89 3,340,627.60 19,944,219.76 13.28 5,983,265.93 4,584,758.86 4.64 1,375,427.66 7,445,092.46 4.96 2,978,036.99 217,192.00 0.22 86,876.80 18,816,979.78 12.54 18,816,979.78 1,303,050.22 1.31 1,303,050.22 150,111,556.69 100 35,140,490.34 98,886,126.36 100 11,943,726.87 (2) 59,179,493.90 1 9,900,000.00 1 8,712,540.17 2-3 5,423,739.29 1 4,331,500.00 3-4 :1. 51,225,430.33 51.80% 44 44

37,357,146.06 2. 19,918,227.49 94.40% [2002]18 3. 87,547,273.36 58.32% 4. 5%( 5%) 2 2002 12 31 64,293,894.28 (1) : 2002 12 31 2001 12 31 (%) (%) 58,831,957.54 83.84 2,941,597.87 143,721,415.01 89.87 7,186,070.76 6,256,549.36 8.92 625,654.94 13,467,632.21 8.42 1,346,763.23 1,434,821.36 2.04 286,964.27 2,400,999.11 1.50 480,199.82 769,909.95 1.10 230,972.99 232,750.82 0.15 69,825.25 1,809,743.56 2.58 723,897.42 32,653.96 0.02 13,061.58 1,068,297.17 1.52 1,068,297.17 60,000.00 0.04 60,000.00 70,171,278.94 100 5,877,384.66 159,915,451.11 100.00 9,155,920.64 (2) 17,500,000.00 1 8,500,000.00 1 6,700,000.00 1 5,250,000.00 1 4,052,348.00 1-2 1. 89,744,172.17 56.12%, 1 2 8000 2002 83 280800 123.56 119730 583821.30 45 45

8000 7644.81 2002 2. 41,292,348.00 58.85% 3. 5%( 5%) 4 2002 12 31 86,291,666.44 (1) : 2002 12 31 2001 12 31 (%) (%) 62,947,132.43 72.95 97,073,741.20 82.80 11,527,692.10 13.36 20,027,639.10 17.08 11,790,768.17 13.66 110,089.77 0.10 26,073.74 0.03 20,819.30 0.02 86,291,666.44 100.00 117,232,289.37 100.00 (2) 42,690,000.00 1 10,000,000.00 1-2 9,133,103.21 2-3 3,778,393.80 1 2,576,404.78 1 5%( 5%) 5 2002 12 31 9,598,786.06, : 2002 12 31 2001 12 31 9,598,786.06 5,433,483.00 0.00 1,429,710.28 0.00 74,120.46 9,598,786.06 6,937,313.74 2,661,472.32 38.36% 46 46

6 2002 12 31 673,620,080.42 : 2002 12 31 2001 12 31 9,396,521.60 0.00 10,839,959.46 0.00 16,077,487.89 25,718,467.92 568,374.92 408,783.96 0.00 492,090.84 0.00 50,935,707.51 903,324.15 20,885,011.03 236,659.69 199,710.61 0.00 448,895.80 0.00 2,301,513.15 0.00 996,104.39 0.00 35,392,653.62 0.00 116,389.00 0.00 564,886.82 0.00 3,144,250.77 0.00 6,438,681.35 0.00 640,035.74 0.00 552,781,663.06 0.00 654,951,154.16 0.00 25,795.00 0.00 0.00 0.00 674,523,404.57 903,324.15 718,232,359.11 805,034.61 1. -- 6,675,138.70 2. 666,664.46 568,374.92 903,324.15 7 2002 12 31 91,813.59, 233,300.36 561,203.23 703,349.40 91,154.19 31,439..35 659.40 31,439.35 659.40 0.00 15,953.20 15,953.20 0.00 264,739.71 577,815.83 750,741.95 91,813.59 8 47 47

2002 12 31 58,310,135.64, : 1,907,039.77 1,382,603.83 0.00 0.00 0.00 190,703.96 1,191,899.87 0.00 1,656,173.65 1,564,164.00 0.00 0.00 0.00 184,019.28 1,380,144.72 0.00-175,385.35-165,641.72 0.00 0.00 0.00-19,487.28-146,154.44 0.00 1,957,386.47 1,761,647.82 0.00 0.00 0.00 195,738.64 1,565,909.18 0.00 2,22 2,153,056.88 1,479,506.97 0.00 3,000,000.00 2,62 5,04 124,933.45 2,131,948.48 0.00 8,809,512.62. 8,100,000.00 0.00 709,512.62 0.00 73,412.61 8,736,100.01 0.00 12,934,661.72 12,180,139.79 0.00 0.00 0.00 1,293,466. 17 10,886,673.62 0.00 8,000,000.00 8,000,000.00 0.00 0.00 0.00 0.00 8,000,000.00 0.00 300,000.00 300,000.00 0.00 0.00 0.00 0.00 300,000.00 0.00 730,000.00 730,000.00 0.00 0.00 0.00 0.00 730,000.00 0.00 900,000.00 900,000.00 0.00 0.00 0.00 0.00 900,000.00 0.00 300,000.00 300,000.00 0.00 0.00 0.00 0.00 300,000.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 0.00 0.00 0.00 0.00 2,212,488.15 0.00 0.00 2,212,488.15 0.00 0.00 0.00 0.00 10,121,126.05 0.00 0.00 10,121,126.05 0.00 48 48

2002 49,472,445.76 36,532,420.69 0.00 26,043,126.82 2,22 2,62 5.04 2,042,786. 83 58,310,135.64 0.00 :1. 2000 -- 2001 4 10 8,353,945.73 2002 12 2001 12 2002 2002 12 31 10 2. 3,250,000.00 5,000,000.00 65% 3. 2001 3,000,000.00 3,050,000.00 98.36% 4. [2002]72 [2002]127 53,689,000.00 18.63% 49 49

5. 2002 6 2,250,000.00 5,000,000.00 45% 6. 2002 10,000,000.00 3,209,200.00 37.68% 7. 25% 15% 1750 1050 38.748% 2002 12 31 14,250,000.00 8. 9 48,512,541.11 46,795,669.21 502,994.00 94,805,216.32 59,673,594.30 23,445,107.78 1,201,643.96 81,917,058.12 18,815,701.24 7,639,336.50 2,783,216.22 23,671,821.52 2,086,713.93 955,567.16 188,578.07 2,853,703.02 129,088,550.58 78,835,680.65 4,676,432.25 203,247,798.98 1. 74,159,248.40 57.45% : (1) 50 50

4,172.42 1,551.87 21.73 (2) 1,120.21 (3) 2,284.88 (4) 2. 9,386,034.07 3. 9,697,607.45 4,000,000.00 20,266,060.00 3,813,955.78 4. 2,959,372.34 47,032.81 7,320,142.93 10 8,653,299.25 4,923,986.34 0.00 13,577,285.59 22,423,586.79 8,798,743.13 759,758.17 30,462,571.75 5,839,288.34 3,016,540.86 905,757.57 7,950,071.63 690,686.20 517,929.33 62,304.11 1,146,311.42 37,606,860.58 17,257,199.66 1,727,819.85 53,136,240.39 7,086,026.59 11 2002 12 31 23,041,150.69 (%) 748,000.00 689,432.74 1,437,432.74 0.00 100 2,005,426.48 41,106.00 0.00 2,046,532.48 70 48,272.00 0.00 48,272.00 0.00 100 51 51

2,258,882.00 2,281,142.01 1,546,293.05 2,993,730.96 70 0.00 15,450,436.82 0.00 15,450,436.82 40 0.00 6,315,638.28 6,315,638.28 0.00 100 0.00 2,550,450.43 0.00 2,550,450.43 40 35,480.00 2,918.00 38,398.00 0.00 100 5,096,060.48 27,331,124.28 9,386,034.07 23,041,150.69 :1. 17,945,090.21 352.14% 2. 12 2002 12 31 28,159,320.80 28,760,756.45 158,475.00 27,513,756.45 0.00 255,843.33 27,416,388.12 1,344,368.33 39 205,050.00 78,541.00 111,300.00 0.00 31,908.32 157,932.68 47,117.32 4 1,125,000.00 233,979.92 0.00 0.00 233,979.92 0.00 1,125,000.00 0 600,000.00 0.00 600,000.00 0.00 15,000.00 585,000.00 15,000.00 9 30,690,806.45 470,995.92 28,225,056.45 0.00 536,731.57 28,159,320.80 2,531,485.65 27,688,324.88 5,878.68%, 4,172.42 2,598.82 13 2002 12 31 3,692,197.11 52 52

46,300.00 15,620.00 0.00 7,500.00 2,840.00 33,520.00 5,280.00 0.5 215,459.20 37,550.52 123,784.00 0.00 99,442.52 153,567.20 61,892.00 4 5,990,078.10 4,724,059.49 1,266,018.61 5,801,656.47 0.00 0.00 188,421.63 ----- 1,500,000.00 0.00 1,500,000.00 0.00 0.00 0.00 1,500,000.00 5 800,000.00 0.00 800,000.00 0.00 0.00 0.00 800,000.00 5 1,136,603.48 295,726.09 840,877.39 0.00 0.00 0.00 1,136,603.48 9,688,440.78 5,072,956.10 4,530,680.00 5,809,156.47 102,282.52 187,087.20 3,692,197.11 14 374,328,000.00 2002.1.24-2003.11.24 4.2-5.85 3,813,955.78 2001.9.15-2002.9.26 6.435% 378,141,955.78 : 64,266,523.62 20.48% 73,000,000.00 15 2002 12 31 350,344,017.39 208,050,000.00 1-2 25,809,682.72 1 19,893,406.12 1 19,530,963.55 1 11,741,227.63 1 5% 5% 16 2002 12 31 8,016,822.04 6,897,171.29 1 :1. 144,270,140.00 94.74% 2. 5% 5% 17 53 53

2002 12 31 2001 12 31-8,346,677.35-6,528,319.77 847,555.95 4,587,032.26 10,889,398.04 3,895,250.92 982,064.56 405,660.70 45,586.03-31,537.43 8,957.54 68,891.36 659.70 31,111.26 4,427,544.47 2,428,089.30 1,999,455.17 82.35% 18 2002 12 31 418,935.84 2002 12 31 2001 12 31 418,935.84 227,264.28 19 2002 12 31 117,206,333.92 1. 100,831,865.27 615.79% 2. 5% 5% 20 2002 12 31 692,422.02 2002 12 31 2001 12 31 3,688.50 179,828.14 77,794.40 61,118.76 17,500.00 0.00 43,032.12 0.00 27.00 0.00 50,000.00 506,329.79 500,380.00 508,442.00 0.00 5,254.00 692,422.02 1,260,972.69 21 2002 12 31 6,505,445.00, 54 54

1,000,000.00 2001.9.12-2003.7.16 7.128% 3,000,000.00 2001.7.16-2003.7.16 7.128% 2,505,445.00 2000.5.16-2003.5.15 7.128% 6,505,445.00 22 2002 12 31 75,000,000.00 30,000,000.00 2002.9.6-2004.9.5 6.039% 30,000,000.00 2002.7.23-2004.7.22 6.039% 15,000,000.00 2002.7.10-2004.7.9 6.039% 75,000,000.00 : 68,495,050.00 1,052.97% 75,000,000.00 23 2002 12 31 37,223,400.52 34,143,914.62 1,108.75% 24 2000 12 31 2001 12 31 0.00 5,892,845.48 0.00 5,892,845.48 : 5,892,845.48 25 55 55

( ) 2002 1. 101,792,300.00 101,792,300.00 : 94,792,300.00 94,792,300.00 7,000,000.00 7,000,000.00 2. 70,000,000.00 70,000,000.00 70,000,000.00 70,000,000.00 ( ) 171,792,300.00 171,792,300.00 : [2000]088. 26 2002 12 31 372,410,480.05 : 2001 12 31 2002 12 31 365,023,760.88 0.00 0.00 365,023,760.88 1,159,240.80 0.00 0.00 1,159,240.80 33,957.00 0.00 0.00 33,957.00 675.89 0.00 0.00 675.89 0.00 5,892,845.48 0.00 5,892,845.48 0.00 300,000.00 0.00 300,000.00 366,217,634.57 6,192,845.48 0.00 372,410,480.05 27 2002 12 31 12,603,404.78 : 2001 12 31 2002 12 31 6,301,702.39 0.00 0.00 6,301,702.39 6,301,702.39 0.00 0.00 6,301,702.39 12,603,404.78 0.00 0.00 12,603,404.78 28 2002 12 31 36,502,703.47, : 56 56

34,661,486.91 1,841,216.56 0.00 0.00 0.00 36,502,703.47 2002 4 7 2002 29 2002 1-12 2001 1-12 126,365,274.63 45,456,312.83 1,415,090.78 8,324,638.45 8,152,354.48 120,338,602.57 357,139,306.48 88,125,209.88 19,934,067.94 47,765,451.38 381,328.77 0.00 513,387,423.08 310,010,215.11 97,404,368.62 42,583,624.48 1,824,144.86 10,081,783.04 12,988,635.47 88,917,268.42 268,779,852.32 41,377,319.00 15,228,795.35 42,955,736.77 396,225,796.62 225,915,731.71 117,161,626.46 84,094,483.40 :1. 203,377,207.97 65.60% 2. 4.31% : (1) 57 57

(2) 3. 4.68% 44.92% 30 2002 1-12 2001 1-12 1,449,605.29 730,449.94 18,248,153.89 5,291,263.14 644,277.76 435,011.23 20,342,036.94 6,456,724.31 : 13,885,312.63 215.05% 31 2002 1-12 2001 1-12 72,219.48-2,427,317.75 150,000.00 144,131.53 209,250.33 109,650.00 2,448,278.28 0.00 33,459.30 5,391.75 2,913,207.39-2,168,144.47 5,081,351.86 234.36% 32 2002 1-12 2001 1-12 14,004,446.20 19,497,469.32 33 2002 1-12 2001 1-12 56,225,311.26 43,778,510.89 58 58

34 2002 1-12 2001 1-12 14,780,314.35 5,886,851.69 1,643,722.36 2,111,757.72 : 7,064.01 107,446.40 76,707.92 177,161.94 13,220,363.92 4,059.702.31 9,160,661.61 225.65% 35 2002 1-12 2001 1-12 -1,205,009.70 1,810,991.82 24,522,806.76 0.00 83,614.20 0.00 1,000,000.00 600,000.00-2,042,786.83-1,408,401.39 22,358,624.43 1,002,590.43 :1. 25% 15% 1750 1050 24,522,806.76 2002 12 31 14,250,000.00 2. 35,000,000.00 2001 35,000,000.00 1,000,000.00 59 59

36 2002 1-12 228,377.00 2002 1-12 2001 1-12 228,377.00 2,729,710.28 228,377.00 2,729,710.28 2,501,333.28 91.63% 37 2002 1-12 2001 1-12 40,479.33 16,117.47 25,124,796.35 106,782.56 0.00 5,926,802.48 39,407.46 0.00 2,200,000.00 47,024.57 53,553.00 27,451,707.71 6,103,255.51 2002 12 22 105 4 2002-0350 3500 25,124,796.35 2002 12 31 1750 38 2002 1-12 2001 1-12 427,713.96 57,719.00 510,792.45 379,074.01 8,471.20 29,700.00 457,100.14 75,000.00 60 60

76,448,061.15 0.00 338,937.17 490,056.54 78,191,076.07 1,031,549.55 8,000 2002 83 280,800 123.56 119,730 583,821.30 8000 7,644.81 2002 39 2002 1-12 2001 1-12 935,248.16-6,440,888.97 [2000]79 1999 3 1 2002 3 2002 3 2002 12 14.85% 40 120,880,609.78 106,195,000.00 41 51,737,888.81 (1) 32,667,529.27 (2) 10,000,000.00 (3) 61 61

4,193,009.64 1 2002 12 31 21,822,619.70 (1) (%) (%) 1 18,384,725.47 78.86 919,236.27 12,519,357.14 19.47 625,967.86 1-2 4,152,840..61 17.81 415,284.06 31,585,175.02 49.13 3,158,517.50 2-3 760,511.19 3.26 152,102.24 16,201,357.08 25.20 3,240,271.42 3-4 15,950.00 0.07 4,785.00 3,985,650.30 6.20 1,195,695.09 23,314,027.27 100 1,491,407.57 64,291,539.54 100.00 8,220,451.87 (2) 9,900,000.00 1 5,423,739.29 1 AIPINC 1,797,420.00 1-2 1,312,594.66 1-2 DI 1,156,907.50 1-2 :1. 40,977,512.27 63.74% 53,710,908.25 2. 19,590,661.45 84.03% 3. 5%( 5%) 2 2002 12 31 261,554,739.55 62 62

(1) (%) (%) 1 274,325,300.93 99.58 13,716,265.05 195,960,661.89 93.56 9,798,033.09 1-2 167,322.84 0.06 16,732..28 11,490,457.75 5.49 1,149,045.78 2-3 993,891.39 0.36 198,778.28 1,996,693.74 0.95 399,338.75 275,486,515.16 100.00 13,931,775.61 209,447,813.38 100.00 11,346,417.62 (2) 218,610,439.94 1 17,500,000.00 1 8,500,000.00 1 7,489,538.95 1 5,263,842.82 1 :1. 66,038,701.78 31.53% : (1) 53,710,908.25 (2) 2. 257,363,821.71 93.42% 3 5%( 5%) 3 2002 12 31 115,912,017.09 (%) 10 9,900,000.00 10,915,918.40 0.00 10,915,918.40 66.16% 1,907,039.77 1,382,603.83-190,703.96 1,191,899.87 0.00-7,342,884.48-3,520,305.93-10,863,190.41 11,807,039.77 4,955,637.75-3,711,009.89 1,244,627.86 66.16% 30 21,668,795.10 10,000,000.00 11,668,795.10 21,668,795.10 93.17% 1,656,173.65 1,564,164.00-184,019.28 1,380,144.72 63 63

2002 0.00-2,008,071.06 189,350.06-1,818,721.00 23,324,968.75 9,556,092.94 11,674,125.88 21,230,218.82 93.17% 20 1,950,000.00 0.00 1,950,000.00 1,950,000.00 65.00% 0.00-176,201.74-164,011.95-340,213.69 1,950,000.00-176,201.74 1,785,988.05 1,609,786.31 65.00% 10 5,284,378.74 2,190,197.20 3,094,181.54 5,284,378.74 98.88% -175,385.35-165,641.72 19,487.28-146,154.44 0.00-213,169.82-1,711,838.35-1,925,008.17 5,108,993.39 1,811,385.66 1,401,830.47 3,213,216.13 98.88% 17,066,554.21 34,684,551.75-17,617,997.54 17,066,554.21 38.748% 2,153,056.88 1,479,506.97 652,441.51 2,131,948.48 0.00 4,972,196.77-21,760,199.99-16,788,003.22 19,219,611.09 41,136,255.49-38,725,756.02 2,410,499.47 38.748% 4,742,613.53 4,700,000.00 42,613.53 4,742,613.53 96.40% 1,957,386.47 1,761,647.82-195,738.64 1,565,909.18 0.00-995,367.23-1,288,183.88-2,283,551.11 6,700,000.00 5,466,280.59-1,441,308.99 4,024,971.60 96.40% -5,934,661.72-5,934,661.72 0.00-5,934,661.72 95.89% 12,934,661.72 12,180,139.79-1,293,466.17 10,886,673.62 626,708.69-2,373,044.96-1,746,336.27 7,000,000.00 6,872,186.76-3,666,511.13 3,205,675.63 95.89% -455,566.89 8,100,000.00-8,555,566.89-455,566.89 79.85% 8,809,512.62 0.00 8,736,100.01 8,736,100.01 0.00 0.00 0.00 0.00 8,353,945.73 8,100,000.00 180,533.12 8,280,533.12 79.85% 42,000,000.00 42,000,000.00 42,000,000.00 99.905% 3,000,000.00 3,000,000.00 3,000,000.00 98.36% 300,000.00 300,000.00 300,000.00 30% 730,000.00 730,000.00 730,000.00 9.505% 900,000.00 900.000.00 900,000.00 30% 300,000.00 300,000.00 300,000.00 30% 3,250,000.00 3,250,000.00 3,250,000.00 65% 8,000,000.00 8,000,000.00 8,000,000.00 15.98% 10,000,000.00 10,000,000.00 10,000,000.00 18.63% 2,250,000.00 2,250,000.00 2,250,000.00 45% 0.00-37,511.85-37,511.85 2,250,000.00 2,212,488.15 2,212,488.15 154,194,558.73 129,951,637.45-14,039,620.36 115,912,017.09 4 64 64

2002 1-12 2001 1-12 114,032,361.89 188,565,904.43 23,183,071.49 40,317,298.94 75,309,970.32 96,222,340.24 0.00 2,129,772.11 15,539,320.08 49,896,493.14 93,921,511.23 161,828,572.28 24,871,722.72 40,216,265.16 55,400,909.95 77,166,972.17 13,648,878.56 44,445,334.95 20,110,850.66 26,737,332.15 :1. 74,533,542.54 39.53% : (1) 2001 2002 ; (2) 2. 3.46% 3. 5,677 49.78% 5 2002 1-12 0.00-1,483,922.52 0.00 0.00-1,483,922.52 0.00-3,711,009.89 0.00 0.00-3,711,009.89 0.00 5,330.78 0.00 0.00 5,330.78 0.00-1,692,351.07 0.00 0.00-1,692,351.07 0.00-13,871,054.71 0.00 0.00-13,871,054.71 0.00-164,011.95 0.00 0.00-164,011.95 0.00-3,666,511.13 0.00 0.00-3,666,511.13 0.00-73,412.61 0.00-73,412.61 0.00-37,511.85 0.00 0.00-37,511.85 0.00 0.00-632,185.11 0.00-632,185.11 0.00 0.00 0.00 1,000,000.00 1,000,000.00 0.00-24,694,454.95-632,185.11 1,000,000.00-24,326,640.06 2001 1-12 65 65

0.00-1,191,105.88 0.00 0.00-1,191,105.88 0.00-4,512,088.76 0.00 0.00-4,512,088.76 0.00-4,138,232.87 0.00 0.00-4,138,232.87 0.00-115,994.62 0.00 0.00-115,994.62 0.00 6,796,706.15 0.00 0.00 6,796,706.15 0.00-176,201.74 0.00 0.00-176,201.74 0.00-127,813.24 0.00 0.00-127,813.24 0.00 0.00 1,438,397.89 0.00 1,438,397.89 0.00 0.00 0.00 810,058.00 810,058.00 0.00-3,464,730.96 1,438,397.89 810,058.00-1,216,275.07 : 35,000,000.00, 2001 35,000,000.00 1,000,000.00 1 ( ) 45 1 1 2 2002.12.31 2001.12.31 2000.12.31 ( ) 119,050,000.00 119,050,000.00 119,050,000.00 66,580,000.00 66,580,000.00 119,000,000.00 119,000,000.00 10,000,000.00 3 ( ) 91,792,300.00 0.00 0.00 91,792,300.00 53.43% 4 66 66

2002 12 31 2001 12 31 ( ) 85,109,279.54 0.00 ( ) 4,052,348.00 36,822,812.05 7,270,000.00 0.00 568,923.00 0.00 336,357.30 709,593.50 100,000.00 100,000.00 0.00 700,000.00 653,925.58 0.00 2002 1 4,172.42 1,551.87 21.73 2,592.82 2002 12 31 2 2002 3 1,226.33 9,786.14 3 2002 3,759.585 2888.69 / 10,859,941.38 4 2002 5 2,518,550.00 2002 12 31 5 2,250,000.00 67 67

2002 6 45 6 55,000,000.00 7 37 3000 1.28 691,200.00 ( )2001 1 2001 3,446,469.63 2, 37 2010 0.68 255,799.00 3 0.1% 657,188.01 1 2002 12 31 : 10,000,000.00 2000.11.9-2001.9.9 4.875 ( ) 8,000,000.00 2000.8.11-2001.7.10 4.875 20,960,000.00 2000.5.17-2001.1.16 4.875 38,960,000.00 68 68

2096 2002 10 31 2122.85 2 2002 12 31 1. 2002 12 31 1,000,000.00 2001.9.12-2003.7.16 7.128% 3,000,000.00 2001.7.16-2003.7.16 7.128% 3,813,955.78 2001.9.15-2002.9.14 6.435% 7,813,955.78 2. 2002 (1) 55,000,000.00 87,000,000.00 (2) 200,000,000.00 200,000,000.00 3. 2002 12 22 105 4 2002-0350 3500 69 69

2002 12 31 1750 4. 25% 15% 1750 1050 2002 12 31 14,250,000.00 5. 2001 7 26 (2001) 124 2002 2 19 [(2001) 197 ] : 4,300,000.00 6. (1) 2001 46 2002 8 19 2001 188 2001 46 50550 (2) 2001 59 2 336.56 70 70

2001 35 2001 59 2 2001 35 2002 12 12 336.56 7. ( ) 66,326,099.00 72.26% 38.61% 8. 8,000 2002 83 280,800 123.56 119,730 583,821.30 8000 7,644.81 2002 9 2003 18 1.2 2002 12 31 2003 3 25, : 1 2003 3 7 4,000,000.00 71 71

2 2003 1 30 20,000,000.00 2003 2 13 20,000,000.00 3 2003 1 105,685,000.00 4 2003 2 8 51% 2003 2 10 2003 72 72

1 2 3 73 73

: 01 2002 12 31 2001 12 31 2002 12 31 2001 12 31 1 381,039,582.21 289,248,514.11 324,799,095.75 226,228,237.24 2 3,788,491.21 2,500,250.10 1,291,021.81 2,397,950.10 3-394,243.50-394,243.50 - - - - - - - - 4 114,971,066.35 86,942,399.49 21,822,619.70 56,071,087.67 4 64,293,894.28 150,759,530.47 261,554,739.55 198,101,395.76 5 86,291,666.44 117,232,289.37 171,719,991.64 186,579,838.13 6 9,598,786.06 6,937,313.74 8,306,169.32 6,557,178.42 7 673,620,080.42 717,427,324.50 51,414,599.03 25,051,422.50 8 91,813.59 264,739.71 - - - - - - - - - - 1,333,695,380.56 1,371,706,604.99 840,908,236.80 701,381,353.32-9 58,310,135.64 36,532,420.69 115,912,017.09 146,707,227.62 - - - - 58,310,135.64 36,532,420.69 115,912,017.09 146,707,227.62-10 203,247,798.98 129,088,550.58 51,215,467.79 20,207,972.34 : 11 53,136,240.39 37,606,860.58 6,985,500.53 4,894,385.20 150,111,558.59 91,481,690.00 44,229,967.26 15,313,587.14 7,320,142.93 4,407,803.40 3,000,000.00 3,000,000.00 142,791,415.66 87,073,886.60 41,229,967.26 12,313,587.14-432,656.05 - - 12 23,041,150.69 5,096,060.48 - - - - - - 165,832,566.35 92,602,603.13 41,229,967.26 12,313,587.14 : 13 28,159,320.80 470,995.92 24,508,305.00-1,136,603.48 295,726.09 - - 14 2,555,593.63 4,777,230.01 5,280.00 24,140.00 - - - - 31,851,517.91 5,543,952.02 24,513,585.00 24,140.00 : - 1,589,689,600.46 1,506,385,580.83 1,022,563,806.15 860,426,308.08 : : 74 74

( ) : 01 2002 12 31 2001 12 31 2002 12 31 2001 12 31 : 15 378,141,955.78 313,875,432.16 336,000,000.00 263,000,000.00 16 6,120,274.31 10,914,098.39-10,914,098.39 17 350,344,017.39 393,697,858.49 1,474,672.74 5,993,641.42 18 8,016,822.04 152,286,962.04 2,041,301.64 41,301.64 - - - 1,110,866.69 323,304.29 551,347.79-2,024,832.42 1,449,021.01 361,741.16 202,573.35 109,061.30 706,061.30 109,061.30 249,061.30 19 4,427,544.47 2,428,089.30-1,651,969.29-6,600,358.06 20 418,935.84 227,264.28 52,728.00 21,715.02 21 117,206,333.92 16,374,468.65 98,420,398.93 2,191,551.14 22 692,422.02 1,260,972.69 - - 23 6,505,445.00 3,858,523.62 - - - - - 875,118,511.18 897,402,056.22 437,359,282.27 276,013,584.20 : 24 75,000,000.00 6,504,950.00 - - - - - - 25 37,223,400.52 3,079,485.90 228,000.00-26 3,530,000.00 430,000.00 3,100,000.00 - - 5,892,845.48-5,892,845.48 115,753,400.52 15,907,281.38 3,328,000.00 5,892,845.48 : - - - 990,871,911.70 913,309,337.60 440,687,282.27 281,906,429.68 5,508,800.46 7,801,416.97 - : 27 171,792,300.00 171,792,300.00 171,792,300.00 171,792,300.00 171,792,300.00 171,792,300.00 171,792,300.00 171,792,300.00 28 372,410,480.05 366,217,634.57 372,410,480.05 366,217,634.57 29 12,603,404.78 12,603,404.78 9,548,893.24 9,548,893.24 : 6,301,702.39 6,301,702.39 4,774,446.62 4,774,446.62 30 36,502,703.47 34,661,486.91 28,124,850.59 30,961,050.59 593,308,888.30 585,274,826.26 581,876,523.88 578,519,878.40 1,589,689,600.46 1,506,385,580.83 1,022,563,806.15 860,426,308.08 : : 75 75

01 1 2002 12 31 21,099,647.51 23,196,763.47-41,017,875.00 11,943,726.87 23,196,763.47-35,140,490.34 9,155,920.64 3,278,535.98 5,877,384.66 535,194.66 48,808.12-584,002.78 535,194.66 48,808.12-584,002.78 - - - - 805,034.61 666,664.46 568,374.92 903,324.15 568,374.92-568,374.92-236,659.69 666,664.46-903,324.15 - - - - - - - - - - - - 4,407,803.40 2,959,372.34 47,032.81 7,320,142.93 3,087,134.25 - - 3,087,134.25 1,202,807.45 2,959,372.34 47,032.81 4,115,146.98 84,435.19-84,435.19 33,426.51 - - 33,426.51 - - - - - - - - - - - - 1,373,380.80 - - 1,373,380.80 - - - - 76 76

2002 12 31 171,792,300.00 171,792,300.00 ) 171,792,300.00 171,792,300.00 366,217,634.57 366,216,958.68 6,192,845.48 675.89 300,000.00 5,892,845.48 675.89 372,410,480.05 366,217,634.57 6,301,702.39 3,555,498.50-2,746,203.89-2,746,203.89-2,746,203.89 6,301,702.39 6,301,702.39 6,301,702.39 6,301,702.39 6,301,702.39 3,555,498.50-2,746,203.89-2,746,203.89 - : 6,301,702.39 6,301,702.39 34,661,486.91 14,702,556.74-1,841,216.56 25,451,337.95-5,492,407.78-36,502,703.47 34,661,486.91 77 77

: 02 2002 2001 2002 2001 31 513,387,423.08 310,010,215.11 114,032,361.89 188,565,904.43 : 31 396,225,796.62 225,915,731.71 93,921,511.23 161,828,572.28 32 20,342,036.94 6,456,724.31 249,760.50 1,039,542.68 96,819,589.52 77,637,759.09 19,861,090.16 25,697,789.47 : 33 2,913,207.39-2,168,144.47 143,675.90 12,481,303.92 : 34 14,004,446.20 19,497,469.32 5,676,652.30 9,727,490.61 35 56,225,311.26 43,778,510.89 11,591,225.20 25,658,745.64 36 13,220,363.92 4,059,702.31 7,789,146.87-871,962.91 16,282,675.53 8,133,932.10-5,052,258.31 3,664,820.05 : 37 22,358,624.43 1,002,590.43-24,181,341.37-1,216,275.07 38 228,377.00 2,729,710.28 228,377.00 2,729,710.28 39 27,451,707.71 6,103,255.51 27,075,820.51 6,033,254.10 : 40 78,191,076.07 1,031,549.55 343,627.39 525,159.34-11,869,691.40 16,937,938.77-2,273,029.56 10,686,350.02 : 41 935,248.16-6,440,888.97 563,170.44-10,079,989.78 : -14,646,156.12-2,072,510.21-1,841,216.56 25,451,337.95-2,836,200.00 20,766,339.80 : 34,661,486.91 14,702,556.74 30,961,050.59 14,347,978.75. 36,502,703.47 40,153,894.69 28,124,850.59 35,114,318.55 : - 2,746,203.89-2,076,633.98-2,746,203.89-2,076,633.98. 36,502,703.47 34,661,486.91 28,124,850.59 30,961,050.59. 36,502,703.47 34,661,486.91 28,124,850.59 30,961,050.59 1 2 24,522,806.76 24,522,806.76 3 ( ) 4 ( ) 5 6 : 78 78

2002 03 297,501,367.20 104,938,713.94 5,090,639.48 5,090,639.48 42 120,880,609.78 117,580,609.78 423,472,616.46 227,609,963.20 327,978,549.26 134,648,850.63 13,991,102.30 3,883,388.02 23,781,542.54 1,480,181.40 43 51,737,888.81 58,927,778.16 417,489,082.91 198,940,198.21 5,983,533.55 28,669,764.99 21,026,943.18 21,026,943.18-17,500,000.00 17,500,000.00-38,526,943.18 38,526,943.18 43,913,455.58 2,518,550.00 27,550,000.00 26,800,000.00-71,463,455.58 29,318,550.00-32,936,512.40 9,208,393.18 5,298,500.00 486,228,000.00 383,000,000.00 3,400,000.00 3,400,000.00 494,926,500.00 386,400,000.00 354,270,000.00 10,000,000.00 21,912,453.05 15,707,299.66 376,182,453.05 325,707,299.66 118,744,046.95 60,692,700.34 91,791,068.10 98,570,858.51 : 79 79

2002 03 1. 1,841,216.56-2,836,200.00-14,646,156.12 16,811,021.98-5,236,077.70 10,171,173.07 2,091,115.33 534,771.57 222,985.00 102,282.52 18,860.00 172,926.12 - -568,550.67 - ( ) -51,419,889.15-51,504,065.00-18,117,883.70 8,919,850.91 2,164,182.33 48,849,446.82-64,765,151.60-25,794,801.61 45,968,959.41-34,547,046.83-88,031,439.37 88,485,698.07 5,983,533.55 28,669,764.99 2. 3. 381,039,582.21 324,799,095.75 289,248,514.11 226,228,237.24 - - 91,791,068.10 98,570,858.51 80 80