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2010

2 4 6 20 30 39 69 71 81 83 84 85 88 89 91 93 194 196 197 218

2 H 8,616,120,000 5,760,388,000 66.86% H 2,855,732,000 33.14%

3 14 10.8%

4 1,80632.4% 1,37633.2%430 29.9% 19536.0% 3.6142 33.9%5341.9% 0.712.0 262 14.5% 1,223.95 33.4% 109.8175.7%

5 128 37 26 70.7 174 52

業務概覽

I 8 MPV SUV

9 PSA

10 1 38 326 2 33 226 MPV5 SUV

11 3

12 II 1 1,985,819 1,945,956 10.8% % 1 546,560 527,865 12.3 508,068 489,607 12.7 38,492 38,258 8.6 1,439,259 1,418,091 10.3 1,100,515 1,084,728 11.4 MPV 88,761 87,445 19.6 SUV 249,983 245,918 18.5 1,985,819 1,945,956 10.8 1

13 2 2 185,843 3 71,573 1 222,911 2 1,084,728 3 MPV 87,445 1 SUV 245,918 1 2 3 1,223.95 % 33,418 27.3% 88,143 72.0% 834 0.7% 122,395 100.0%

14 III 334 636 31 1,262 1,907 31 360 785 32 51 83 29 345 345 31 205 205 30 462 551 31 205 310 32 291 291 30 243 402 31 1,262 1,907 31 110 110 30

15 IV 174.3157 52.1 24122.2 133 1 1.1 51.0 0.2 0.9 1.2 24

16 2 2.1 51.7 38.4 24.1 8.0 2.2 36 37 24 36 197

17 V 70.7 1 2 3 140160 VI 1. 290 T01F91A CDV8 29846 11

18 2. S302011 10 BF C5 408 23 3. S30BSG 12 863 13 310 VII 26.8%COD7.8%SO2 22.1%

19 4514 23.7% 1 2 VIII 10% 14 SUV MPV 3

管理層討論與分析

22 1,223.95 917.58306.37 33.4%109.81 62.5047.31 75.7% 127.45 72.54 54.91 75.7% 85.20 101.60 16.4016.1% 1,800 1,806.1932.4% 1,375.7833.2% 430.4129.9% 194.60 36.0%141.81 33.9% 52.7941.9% 10.8% 0.310.3% 0.112.3% 1.1

23 1,223.95917.58306.3733.4% 88,143 1,418,091 68,864 1,058,811 33,418 527,865 21,982 371,931 834 912 122,395 1,945,956 91,758 1,430,742 408C5 NV200CR-V 10,000 688.64 192.79 881.43 28.0% 588.32172.27 760.59 29.3%

24 219.82 114.36 334.18 52.0% 196.36 94.43290.79 48.1% (1) (2) DCi11 4H 87,58831,679 48,82010,54935,14821,130 79.4% 200.3% (3) 960.33 742.74217.59 29.3%263.62 174.8488.7850.8% 19.1%2.4 21.5% 20.6%3.8 24.4%20.7% 4.325.0%(1) (2) (3) KD

25 14.1%14.1% 14.2%0.1 14.1%(1) (2) 23.46 19.93 43.39 13.4%0.8 14.2% 23.22 15.208.02 (1) 0.34(2) 3.09(3) 3.25 64.17 42.9721.20 4.7% 0.5 5.2%(1) 11.15(2) 2.452.27(3) 2.68 35.80 31.384.42 3.4%0.5 2.9%

26 41.71 31.1010.61 (1)5.33 (2) 2.24 55.19 39.6015.59 35.86 23.2212.64 (1) 3.81(2) 0% 4.18 4.65 2.29 2.450.16

27 30.06 16.7113.35 20.6% 19.9%0.7 109.8162.50 47.3175.7% 127.45 72.54 54.91 75.7% 9.0% 6.8% 2.2 33.9%25.3% 8.6 85.20 101.60 16.4016.1% 17,903 20,774 (6,078) (13,104) (3,305) 2,490 8,520 10,160

28 179.03(1) 145.83(2) 48.05(3)51.78(4) 136.57207.74 28.71 45.08 60.78(1) 39.27(2) 2.40 (3) 21.27 131.04 70.26 64.43 33.05(1) 25.00(2)7.76 24.90 57.95 53.57 3.68 258.89 173.6985.20 429.50 323.03 106.47

29 333.90 211.43122.47 25.5% 42.7% 49 453 6 7 147 42 5 1.311.19 1.09 1.02 5343 10

32 53 1982 1982 2001 20032005 9 2005 62010 6 2010 6 2005 62005 6 2005 7 2004 10 2005 8 2010 10 11 2010 10 11 3 48 1984 19992001 1984 2001 20012009 2005 9 2010 4 2004 10 2010 6 20 2010 10 58 19721995 19992001 2009 12 2004 10 30 2010 10 11 2010 10 11 3

33 50 1983 19931996 2004 1983 1997 2003 72005 9 2004 10 202010 10 11 2010 10 11 3 57 1982 1993 19992001 2001 2004 10 20 2010 10 11 2010 10 11 3 54 19961971 1997 20032005 4 2005 9 2004 10 30 2010 10 11 2010 10 11 3 54 1982 1988 1982 1997 2003 2004 10 20 2010 10 11 2010 10 11 3

34 44 1988 20002003 1988 2001 2004 10 202010 10 11 2010 10 11 3 49 19922002 2005 1978 2003 82003 7 2005 9 2005 92009 32004 10 20 2010 10 2010 10 11 3 70 1963 2010 10 11 2010 10 11 3 69 30 1999

35 2010 10 11 2010 10 11 3 71 1965 1616 263 40 2010 10 11 2010 10 11 3 52 1982 1982 2001 112003 7 2003 72005 9 2004 10 2009 12 54 1982 2008 12 2010 10 2010 10 11 3 46 2010 10 11 2010 10 11 3

36 57 2010 10 11 2010 10 11 3 47 20052006 1981 2003 78 2005 9 2008 4 2004 102010 10 11 2010 10 11 3 46 1985 1987 20062007 2004 10 2010 10 11 2010 10 11 3 46 1985 1987 7 2010 10 2010 10 11 3

37 43 1990 7 19952000 1990 7 2010 10 2010 10 11 3 47 1984 19931996 1987 2004 102010 10 11 2010 10 11 3 43 1990 2000 2001 1990 2003 7 2005 9 52

38 2010 8

39 83 193 0.18 64.82

40 194195 31 8 15 3088 10%

41 0.24 30% 30% 181920 8,616,120,000 8,616,120,000 15,760,388,000 66.86% H2,855,732,000 33.14% H 55,665,782 2.01 (a) 30% (b) 35% (c) 35%

42 31,417,4054.09 (a) 40% (b) 30% (c) 30% 55,665,782100% 48,106,468 86.42% 51,148,41091.88% 4,517,372 8.12% 9,425,224 30% 21,992,185 70% 126,000 0.40% 896,585 2.85% 3,435,356 10.93%

43 336 5% * 5,760,388,000(L) 100% 66.86% SCMB Overseas Limited H 242,282,000(L) 9.76% 2.81% Standard Chartered Asia Limited H 242,282,000(L) 9.76% 2.81% Standard Chartered Bank H 242,282,000(L) 9.76% 2.81% Standard Chartered Holding Limited H 242,282,000(L) 9.76% 2.81% Standard Chartered Holdings H 242,282,000(L) 9.76% 2.81% (International) B.V. Standard Chartered MB Holdings B.V. H 242,282,000(L) 9.76% 2.81% Standard Chartered Private Equity H 242,282,000(L) 9.76% 2.81% Limited UBS AG H 227,839,713(L) 7.98% 2.64% 698,430(S) 0.02% 0.008% JPMorgan Chase & Co H 200,179,692(L) 7.01% 2.32% 544,001(S) 0.02% 0.006% 179,430,336(P) 6.28% 2.08% Blackrock, Inc. H 143,046,409(L) 5.01% 1.66% 5,663,414(S) 0.20% 0.06%

44 32 35 35 37

45 XV 352 9 10

46 96,255 54,671 56.8% 13,985 14.5% 19,895 20.7% 7,704 8.0% 96,255 100.0% 7

47 25%

48 1 (i) 1,892,684 (ii) 114,447129,431(iii) 112,92469,720(iv) 54,67934,064 1,9292,6912,691 30 2,691

49 2 (i) (ii) (iii) (i) (ii) (iii)

50 1.00 0.57 1.55 0.97 11.00 9.49 3 (i) (ii)

51 (i) 0.80 0.25(ii) 13.30 8.44 4 5 (1) (2) (3)(4) (5) 6 (i)

52 (1) (2) (3)

53 233.55 (ii)

54 60,060,000 139,940,000 14A.11(4) (iii) 51.63% 45.11% 3.26%

55 84.76%15.24% 84.76% 51.63% 45.11% 15.24% 45.11% 14A.11(4)

56 0.74 (iv) 10

57 38.44 (v) Jetford Inc.

58 Jetford Inc. Jetford Inc. (vi) Jetford Inc. 60% 40% Jetford Inc. 45% 30% 25% Jetford Inc. 51% 49% Jetford Inc. 14A.11(4)

59 30% 14A.11(4)

60 (vii) 13.11 247 6,193,777.41 1.68 10% 50% 70% 90% 85% 115%

61 247 234 6,193,777.41 7,062,030.24 1.68 (viii)

62 (ix) 3.53

63 (x) Jetford Inc. 50% 60% Jetford Inc. 40% Jetford Inc. 60%40% Jetford Inc. Jetford Inc. Jetford Inc. Jetford Jetford Inc. Jetford Inc. Jetford Inc. Jetford Inc. Jetford Inc.Jetford Jetford

64 Jetford Jetford Inc. 0.11 14A.45 (i) (iv) (vi) (ix) (ii) (v) (viii) 14A.45(4) 14A.45(4) 14A.35(2) 14A.35(2) 7 8.54 0.28 8

65 91.25% 8.297.76 9

66 17.00 22.0029.00 8.5011.00 14.50 9.06 10 70.46% (1) (2)

67 9.5011.5013.50 4.85,5.876.89 4.75 (1) (2) 11 575,220,319.73655,751,164 (1) 46MD 47MD 752,280.93 (2) (3) (4) 14A 3000 740 2010 8 31

68 14A.38 7180 3.2

72 1 45 2 2 66.86% 43 1

73 12 5 43 44 3.13

74 24 3 3 12 10

75 2

76 3 5/6 83% 5/6 83% 6/6 100% 5/6 83% 5/6 83% 4/6 67% 4/6 67% 4/6 67% 4/6 67% 4/6 67% 4/6 67% 6/6 100% 6/6 100% 1 21 2 2

77 1/2 1/1 2/2 1/1 2/2 1/1 1 100%

78 2 3 1,290

79 1 36 www.hkex.com.hk www.dfmg.com.cn

80 2 3 19 15.510.18 840 80

81 83 193 81

82 8 18 82

83 5 122,395 91,758 (96,033) (74,274) 26,362 17,484 6 2,322 1,520 (6,417) (4,297) (3,580) (3,138) (4,171) (3,110) 8 (229) (245) 296 195 7 14,583 8,409 11 (3,006) (1,671) 11,577 6,738 12 10,981 6,250 596 488 83 11,577 6,738 14 127.45 72.54 13

84 11,577 6,738 16 30 (5) (7) 11 23 11,588 6,761 12 10,987 6,264 601 497 11,588 6,761

85 15 18,551 18,703 1,248 754 16 2,294 2,001 17 479 479 20 1,148 896 27 246 164 21 2,129 1,562 11 2,190 1,366 28,285 25,925 85 22 13,935 8,741 23 2,087 1,685 24 15,810 10,667 25 4,660 4,649 26 1,595 592 27 1,300 1,110 17 28 1,546 2,924 28 41,404 29,379 82,337 59,764 110,622 85,689

86 29 8,616 8,616 30 8,668 6,433 30 18,659 11,459 13 1,551 776 37,494 27,284 3,842 3,271 41,336 30,555 31 6,289 4,424 64 16 32 69 102 33 157 94 11 51 62 6,630 4,698 86

87 34 23,834 18,414 35 10,367 7,391 36 19,373 14,391 26 1,586 503 31 3,271 7,217 3,093 1,673 32 1,132 847 62,656 50,436 69,286 55,134 110,622 85,689 19,681 9,328 47,966 35,253 87

88 30a 8,616 2,162 3,540 7,349 388 22,055 2,837 24,892 6,250 6,250 488 6,738 14 14 9 23 14 6,250 6,264 497 6,761 1,364 (1,364) 150 150 150 (797) (797) (797) 79 79 (142) (142) (388) (388) (388) 13 (776) 776 8,616 1,529* 4,904* 11,459 776 27,284 3,271 30,555 8,616 1,529 4,904 11,459 776 27,284 3,271 30,555 10,981 10,981 596 11,577 6 6 5 11 6 10,981 10,987 601 11,588 2,229 (2,229) (1) (1) (2) (3) 94 94 (122) (122) (776) (776) (776) 13 (1,551) 1,551 8,616 1,535* 7,133* 18,659 1,551 37,494 3,842 41,336 86.6864.33

89 14,583 8,409 (296) (195) 7 68 31 7 1 2 6 (103) 7 (8) 7 (16) (25) 7 (11) 7 19 7 (18) 19 7 (55) 23 7 (166) 31 7 3,586 2,322 7 226 150 7 112 1 7 4 7 399 367 8 229 245 6 (679) (354) 89 17,871 11,030 (4,805) (4,460) (5,178) 596 (23) (29) 13,657 15,280 (1,037) (139) 154 8 (426) 74 402 170 252 283 (379) (345) 48 (11) 20,536 22,457 (254) (310) (2,379) (1,373) 17,903 20,774

90 (3,927) (3,011) (322) (72) (805) (613) (2,566) (1,110) (797) (3) (116) (21) 211 260 2,326 25 17 84 113 34 33 442 333 6 679 354 1,378 (1,782) (3,505) (6,788) (6,078) (13,104) 10,051 12,436 (12,551) (9,579) (299) (142) 298 76 94 79 150 (122) (142) (776) (388) (3,305) 2,490 8,520 10,160 17,369 7,209 28 25,889 17,369 90

91 15 1,888 1,432 317 74 16 39 180 18 140 140 19 13,037 13,037 20 336 326 27 68 68 11 19 19 15,844 15,276 22 361 349 23 197 116 24 381 72 25 1,886 4,857 26 3,809 1,045 27 1,300 1,110 28 6,254 2,168 91 14,188 9,717 30,032 24,993

92 29 8,616 8,616 30 4,633 3,566 30 6,933 4,302 13 1,551 776 21,733 17,260 31 4,974 2,976 57 5,031 2,976 34 803 1,024 36 1,013 874 26 1,190 626 31 25 2,006 211 211 32 26 16 3,268 4,757 8,299 7,733 30,032 24,993 92

93 1. 1 2. 7.97 7.977.92 93

94 3.1 (i)(ii) (iii)(i)(ii) (iii) 94

95 3.1 95

96 3.2 1 1 1 2 2 3 27 39 39 17 5 5 327 717 96

9797 3.2 (a) 327 3 27 7 122128 31 (b) 7 17 17

98 3.3 1 1 7 2 1 1 4 7 7 4 9 6 12 12 5 24 3 32 32 1 14 14 3 19 2 37 171 34 13 1 2 3 4 5 6 98

99 3.3 9 39 39 9 399[ 39 ] 939 39 9 99

3.3 (a) 3732 39 3 (b) 1 (c) 2727 212831 27 100

3.4 (a) (b) (c) 20% (d) 20% 39 101

3.4 20% 102

3.4 39 103

3.4 104

3.4 105

3.4 (a) (i)(ii) (iii) (b) (c) (d) (e) (a) (d) (f) (d) (e) 106

3.4 10 45 5 20 0% 4.1820104.65 107

3.4 3 15 108

3.4 39 39 109

3.4 (a)(b) 110

3.4 (a)(b) 111

3.4 112

3.4 113

3.4 39 (i) (ii) 114

3.4 115

3.4 116

3.4 117

3.4 118

3.4 7(a) 119 7(b)

3.4 7(c) 7(d) 7(e) 120

3.4 121

4. 17 122

5. 10% 123

5. 33,418 88,143 612 122,173 222 222 33,418 88,143 834 122,395 1,895 12,841 (899) 13,837 54 560 65 679 (229) 157 88 51 296 14,583 (3,006) 11,577 769 2,969 214 3,952 54 736 15 805 13 508 521 896 2,449 241 3,586 34 284 81 399 (20) (6) 8 (18) 8 252 23 283 260 649 909 124

5. 21,982 68,864 779 91,625 133 133 21,982 68,864 912 91,758 151 8,579 (625) 8,105 44 259 51 354 (245) 96 68 31 195 8,409 (1,671) 6,738 125 480 2,214 382 3,076 167 423 23 613 45 78 4 127 505 1,715 102 2,322 86 190 91 367 (15) 21 13 19 140 23 15 178 205 485 690

6. 33 379 345 792 483 679 354 24 29 19 103 345 309 2,322 1,520 126

7. 96,017 74,271 16 3 (18) 19 15 3,586 2,322 * 16 399 367 25 22 18 18 227 195 (599) (76) 9 4,702 3,222 (a) 581 501 (b) 211 195 (c) 15 15 (e) 19 5,509 3,952 127

7. 68 31 1 2 (11) (16) (25) (8) 15 226 150 16 112 1 17 4 (55) 23 32 909 690 2,620 2,087 (166) 31 * (a) 128

7. (a) (b) 129

7. (e) H (i) 55,665,782 30% 65% 100% 2.0130 (ii) 31,417,405 40% 70% 100% 4.0930 H 131

7. (e) 50% 2.416.05 50% 0.380.71 0.38 0.71 0.19 2.78 83,271 2.76 87,043 2.02 (48,233) 2.43 (3,772) (7,953) 4.09 27,085 2.78 83,271 12.93.6 132

7. (e) 2.01 27,085 4.09 27,085 52,624 2.01 30,647 4.09 133 83,271

7. (e) % 0.67 % 49.60 64.83 % 0.09 0.60 3 13.4 8. 47 107 26 104 16 42 19 23 146 34 254 310 (25) (65) 229 245 134

9. 161 441 441 96 96 1,749 1,743 1,105 1,440 3,229 2,377 3,016 1,800 371 326 216 205 5,790 4,887 4,433 3,541 (679) 606 5,790 4,208 4,433 4,147 7(e) 135

9. 230 433 48 711 122 382 25 529 * 32 8 40 187 353 38 578 189 353 42 584 189 353 42 584 949 1,874 203 3,026 189 353 42 584 189 353 42 584 189 353 42 584 ** 32 7 39 * 201 296 35 532 800 1,355 168 2,323 147 147 147 147 147 147 441 441 441 1,749 3,229 371 5,790 157 353 35 545 34 4 38 393 1,388 72 1,853 494 494 151 271 29 451 28 9 37 26 8 5 39 159 299 32 490 ** 157 203 30 390 1,105 3,016 216 4,337 48 48 48 48 * ** 96 96 96 1,105 3,016 216 4,433 136

9. * 229 319 41 589 (63) 14,620 187 281 38 506 (63) 14,620 187 255 34 476 (79) 12,106 187 255 36 478 (79) 12,106 187 255 36 478 (79) 12,106 977 1,365 185 2,527 (363) 65,558 187 255 36 478 (79) 12,106 187 255 36 478 (79) 12,106 187 255 36 478 (79) 12,106 205 247 33 485 (79) 12,106 766 1,012 141 1,919 (316) 48,424 147 147 147 147 147 147 441 441 441 1,743 2,377 326 4,887 (679) 113,982 137 187 255 36 478 (79) 12,106 183 336 29 548 168 7,197 489 465 59 1,013 168 7,197 289 443 28 760 156 2,953 141 124 24 289 98 5,244 151 177 29 357 95 6,323 1,440 1,800 205 3,445 606 41,020 48 48 48 48 96 96 96 1,440 1,800 205 3,541 606 41,020 * 7(e)

9. 50% 10. 9 1,171 1,836 3,425 617 202 87 4,798 2,540 500,000 500,0011,000,000 2 1,000,0011,500,000 4 1 4 3 7(e) 138

11. 3,846 2,267 (840) (596) 3,006 1,671 (a) 7.5% 25% 25% (b) (c) 12 139

11. (c) % % 14,583 8,409 25% 25% 3,646 25.0 2,102 25.0 (954) (6.5) (619) (7.3) (50) (0.3) (148) (1.8) 44 0.3 42 0.5 320 2.1 294 3.5 3,006 20.6 1,671 19.9 140

11. 2010 2009 2010 2010 2009 2009 (17) (24) (7) (7) (2) (34) (38) (9) 5 (16) 7 (51) (62) 54 51 (3) (11) 19 19 (5) 1,722 1,040 (682) (481) 183 119 (64) (51) 212 137 (75) (23) 2,190 1,366 141 (840) 5 (596) 7 (51) (62) 2,190 1,366

11. 19 19 19 19 19 19 12. 52.49 36.0730 142

13. 0.180.09 1,551 776 (i) (ii) (i) (ii) 10% 25% (iii) 143

13. 14. 10,981 6,250 8,616 8,616 144

15. 1,140 30,121 2,804 34,065 (442) (14,885) (35) (15,362) 698 15,236 2,769 18,703 698 15,236 2,769 18,703 56 522 3,374 3,952 (2) (212) (65) (279) (13) (13) 84 3,012 (3,096) (3) (216) (7) (226) (66) (3,520) (3,586) 145 767 14,809 2,975 18,551 1,261 32,628 3,006 36,895 (494) (17,819) (31) (18,344) 767 14,809 2,975 18,551

15. 1,119 27,138 3,374 31,631 (404) (12,797) (40) (13,241) 715 14,341 3,334 18,390 715 14,341 3,334 18,390 19 518 2,539 3,076 (42) (249) (291) 55 3,049 (3,104) (1) (149) (150) (48) (2,274) (2,322) 698 15,236 2,769 18,703 1,140 30,121 2,804 34,065 (442) (14,885) (35) (15,362) 698 15,236 2,769 18,703 146

15. 219 1,310 253 1,782 (74) (276) (350) 145 1,034 253 1,432 145 1,034 253 1,432 2 8 728 738 (2) (26) (28) 55 552 (607) (62) (62) (14) (178) (192) 188 1,352 348 1,888 147 276 1,866 348 2,490 (88) (514) (602) 188 1,352 348 1,888

15. 199 617 51 867 (66) (217) (283) 133 400 51 584 133 400 51 584 10 639 649 4 262 266 20 679 (699) (8) (59) (67) 145 1,034 253 1,432 219 1,310 253 1,782 (74) (276) (350) 145 1,034 253 1,432 31 148

16. 3,277 2,789 212 35 805 613 6 21 156 (1) (125) 4,081 3,277 218 212 1,245 1,001 32 13 399 367 35 19 (123) 1,644 1,245 67 32 31 30 112 1 112 143 31 112 149 2,001 1,758 180 22 2,294 2,001 39 180 31

17. 479 483 (4) 479 479 11% 18. 140 140 150

18. 95.0 2.6 200,000,000 97.6 30,000,000 19. 13,037 13,037 151

19. 121,583,517 50.0 # 37,500,000 44.0 # # 50.0 16,700,000,000 # 350,000,000 50.0 # 50.0 7,000,000,000 # 50.0 289,900,700 # 20.0 40.0 558,770,000 152

19. ## 2,000,000,000 30.1 ## 313,560,000 32.5 100,620,000 15.0 # # 520,000,000 30.0 # 826,000,000 39.9 # 173,350,000 31.5 # 562,000,000 29.7 # ## 153

19. 24,693 22,758 69,527 53,259 (1,867) (1,678) (61,224) (48,622) (3,695) (3,544) 27,434 22,173 120,777 90,702 (108,370) (83,435) (562) (543) 11,845 6,724 154

19. 2010 12 31 2010 2 50% 2 51.69% 2.39 13 2 28 (42) (71) (153) (223) 120 103 155

20. 336 326 ## 150,000,000 12.5 21,250,000 16.0 # # 700,000,000 35% # ## 156

20. 2,247 819 2,224 1,425 (403) (97) (2,910) (1,251) (10) 1,148 896 2,867 1,565 (2,618) (1,402) 249 163 157

21. 25(ii) 607 294 * 908 481 614 787 2,129 1,562 * 22. 4,052 3,589 157 123 936 713 22 42 8,947 4,439 182 184 13,935 8,741 361 349 31 158

23. 30180 30180 1,399 1,351 158 108 627 294 38 7 61 40 1 1 2,087 1,685 197 116 159 907 990 4 4 (14) (11) (47) (62) (72) 784 907 4 4

23. 6.727.78 1,384 1,375 158 108 57 14 38 7 1,441 1,389 196 115 21 6 13 13 4 1 2 4 3 1 36 23 7 2 160

24. 10,915 6,568 4 67 4,895 4,099 377 5 15,810 10,667 381 72 25. 1,812 1,082 279 350 (i) 1,406 2,849 1,607 4,507 (ii) 1,442 718 4,660 4,649 1,886 4,857 161

25. (i) 126 94 (41) 34 (2) (4) (2) 79 126 (ii) 7.02% 10.81% 2,093 1,038 (44) (26) 2,049 1,012 (1,442) (718) 607 294 162

25. (ii) 26 18 18 8 44 26 18 9 17 1 1 1 1 3 29 144 205 1,584 2,492 163 36 42 1,729 2,698

26. 1,451 470 3,627 934 681 27. 246 164 68 68 * 1,300 1,110 1,300 1,110 1,546 1,274 1,368 1,178 * 2009 12 31 8.1020108.102010 164

28. 26,196 16,498 6,254 2,167 16,754 15,805 1 42,950 32,303 6,254 2,168 (1,546) (2,924) 41,404 29,379 6,254 2,168 (15,515) (12,010) 25,889 17,369 6,254 2,168 165

29. 5,760,388,0005,760,388,000 1.00 5,760 5,760 2,855,732,0002,855,732,000 1.00H 2,856 2,856 8,616 8,616 30. 88 (a) 1,363 1,593 2,081 388 5,425 (388) (388) 3,607 3,607 610 (610) (776) 776 1,363 2,203 4,302 776 8,644 (776) (776) 5,249 5,249 1,067 (1,067) (1,551) 1,551 1,363 3,270 6,933 1,551 13,117 166

30. (a) 10% 50% 25% (b) 13 167

31. % % 0.3 10.46 2011 1,655 0 6.59 2010 1,460 LIBOR + 2.28 2011 2 LIBOR + 1.5 2010 241 4.37 9.6 2011 134 0.22 7.47 2010 2,528 LIBOR + 0.6 2011 608 LIBOR + 0.55 2010 587 - LIBOR + 1.2 LIBOR + 1.2 1.72 2010 1,981 * 872 420 3,271 7,217 0.3 2 2012 2030 392 1 7.47 2011 2030 517 0.3 6.59 2012 29 0.3 6.59 2012 46 LIBOR + 0.8 2012 2015 894 LIBOR + 0.8 2011 2015 885 - LIBOR + 1.2 LIBOR + 1.2 3.49 3.8 2012 2013 4,974 3.8 2012 2,976 6,289 4,424 9,560 11,641 * 5.1320092.48 168

31. % % 5 2011 25 5 2010 25 1.72 2010 1,981 25 2,006 3.49 3.8 2012 2013 4,974 3.8 2012 2,976 4,999 4,982 169 206 836 4 8 59 54 2,994 2,933 3,994 1,250 7,257 5,081

31. 20 98.3136519.6622009 30 100 3.8% 2010 7 1520 100 1002013 7 153.49%7 15 5,000 3,000 (39) (27) 4,961 2,973 13 3 4,974 2,976 170

31. 2,399 4,816 25 25 503 487 481 590 331 371 3,714 6,264 25 25 1,981 1,981 2,984 2,984 1,990 2,976 1,990 2,976 4,974 2,976 4,974 2,976 872 420 171 9,560 11,641 4,999 4,982

32. 135 997 1,132 26 69 69 135 997 69 1,201 26 146 701 847 16 102 102 146 701 102 949 16 172

32. 131 406 129 666 27 690 717 16 (12) (395) (27) (434) 146 701 102 949 16 909 909 23 (11) (613) (33) (657) (13) 135 997 69 1,201 26 173

33. 106 333 6 (345) 94 442 6 (379) 157 34. 22,206 17,228 678 929 1,109 935 119 89 519 251 6 6 23,834 18,414 803 1,024 174

34. 43 35 2 3 2,270 2,068 209 162 38 44 1 24 26 11 4 2,547 2,291 51 51 35. 175 5,066 3,428 5,301 3,963 10,367 7,391

36. 6,783 3,809 163 242 2,543 2,130 198 411 10,047 8,452 652 221 19,373 14,391 1,013 874 191 164 1,091 815 3 5 10 87 7 2 1,302 1,073 176

37. (a) 143 184 25 65 513 653 100 262 1,540 1,869 921 1,216 2,196 2,706 1,046 1,543 (b) 37(a) 2,296 1,638 77 178 177 2,471 3,584

38. 572 997 123 465 4,941 5,411 71 200 200 576 571 1,153 1,083 15 45 18 3 6,104 7,045 1,476 1,819 13.5312.83 5.916.34 178

39. (a) (i) 81 53 48 179 23,355 21,185 1,779 1,025 6,433 3,775 76 39 31,772 26,256 (i) 909 962 231 100 110 32 1,250 1,094 (i) 1,103 870 179 (i) 308 71 132 23 13 33 9 8 575 1,037 135 (i) 227 213

39. (a) (i) 69 50 54 27 24 29 19 17 6 166 129 (i) 3,848 3,323 (i) 70 50 1 262 168 91 31 1,754 995 16 3 2,193 1,248 (i) 626 346 (i) 9 10 28 41 1 38 51 180

39. (a) (i) (b) (i) 23 25 31 34 36 (ii) 26 (c) 9,636 7,897 587 531 10,223 8,428 (73) 10,223 8,355 1819

40. 1,546 1,546 2,087 2,087 15,810 15,810 2,848 2,848 1,595 1,595 1,546 1,546 41,404 41,404 65,290 1,546 66,836 182

40. 23,834 10,367 10,047 1,586 9,560 55,394 183

40. 1,274 1,274 1,685 1,685 10,667 10,667 3,567 3,567 592 592 17 17 2,924 2,924 29,379 29,379 17 48,814 1,274 50,105 184

40. 18,414 7,391 8,452 503 11,641 46,401 185

40. 1,368 1,368 197 197 381 381 1,607 1,607 3,809 3,809 6,254 6,254 12,248 1,368 13,616 803 652 1,190 4,999 7,644 186

40. 1,178 1,178 116 116 72 72 4,507 4,507 1,045 1,045 2,168 2,168 7,908 1,178 9,086 187 1,024 221 626 4,982 6,853

41. % 1 31 1 68 188

41. 1% 27 24 1% (27) (24) 1% 4 6 1% (4) (6) 1% 2 1 1% (2) (1) 189

41. 190

41. 3,271 3,487 2,471 331 9,560 23,834 23,834 10,367 10,367 10,047 10,047 1,586 1,586 591 591 49,696 3,487 2,471 331 55,985 191

41. 7,217 487 3,566 371 11,641 18,414 18,414 7,391 7,391 8,452 8,452 503 503 634 634 42,611 487 3,566 371 47,035 192

41. 9,560 11,641 (41,404) (29,379) (31,844) (17,738) 37,494 27,284 (84.9%) (65.0%) 42. 43. 193

194 122,395 91,758 70,569 59,318 48,264 (96,033) (74,274) (58,688) (49,503) (40,058) 26,362 17,484 11,881 9,815 8,206 2,322 1,520 1,228 935 736 (6,417) (4,297) (3,379) (2,642) (2,157) (3,580) (3,138) (2,655) (2,569) (2,219) (4,171) (3,110) (1,970) (1,432) (1,285) (229) (245) (393) (365) (411) (252) 296 195 95 69 61 14,583 8,409 4,807 3,811 2,679 (3,006) (1,671) (647) 202 (428) 11,577 6,738 4,160 4,013 2,251 10,981 6,250 3,955 3,746 2,081 596 488 205 267 170 11,577 6,738 4,160 4,013 2,251

110,622 85,689 60,449 52,340 44,113 (69,286) (55,134) (35,557) (31,932) (27,291) (3,842) (3,271) (2,837) (2,686) (2,534) 37,494 27,284 22,055 17,722 14,288 195

196 430056 430056 1 28 www.dfmg.com.cn (FCS, FCIS) H 17 1712 1716 00489 183

197197 1 430056 I 1 2 3 4 5 6 7 8 10 9 8,000

II 10 20% H 20%H [ (A) (a) (c) H (b) (a) (c) (a) HH 20% (i)(ii) (d) [ ] (i) (ii) 12 198

(iii) [] (B) (A)(a) 11 1 2 8 199

3 85 4 47 5 51 6 63 200

7 63 8 154 201

9 200 202

10 201 203

1 H H H18317 1712 1716 2 (1) (2) (3) HH (4) 3 (1) (2) (3) HH 4 (1) (2) H 18317 1712 1716 (852) 2862 8628 (852) 2865 0990 (3) 1 430056 (8627) 84285041 (8627) 84285057 204

1 8 205

2 3 85 4 47 206

5 51 6 63 207

7 63 8 154 208

9 200 209

210

10 201 211

12 4 212

1 2 3 1,550,901,600.000.18 4 5 213

1 2 10 10 3 214

1 H 20%H 2 H 215

8,000 1 3,000 2 3,500 3 1,500 8,000 216

217

218 (a)

(b) (c) 20% (d) 20% 219

571 220