2 4 10 2006 12 22 44 72 80 90 91 93 98 135 137 138 143 144
199762712.22 20011161.5A ADR20021223 200612315,037,747,500 20061231700 264.3 6 2006 2
3
2006 20061231 4,098,477 1,716,027 1,127,781 1,132,176 2,260,677 3,000 1,606,297 117,801 1,810-9,882 2,441,451-277,183 20061231 3,925,569 2,088,006 1,762,326 1,174,111 1,936,501-277,183 2006 4
2006 2005 2006 2005 1231 1231 1,127,781 696,456 15,029,868 14,632,560 34,302 33,684 (1,413,276) (1,447,578) 31 (74,601) 8,014 7,983 12,516 12,516 25,032 12,516 (519) (519) 1,817 2,336 492 1,174,111 668,028 13,651,455 13,207,817 2006-15,272-714 1,810 387 1,840 5,390 2,164-4,395 5
2006 2005 2004 2003 2002 4,046,256 2,194,736 3,060,081 2,731,760 2,314,373 1,716,027 944,436 1,390,204 1,447,833 1,235,272 1,127,781 696,456 826,725 950,531 816,833 1,132,176 706,513 1,104,208 944,738 819,725 2,441,451 1,285,000 1,675,403 1,453,795 1,301,452 2006 2005 2004 2003 2002 26,425,207 27,223,147 20,638,701 16,732,357 15,081,793 15,029,868 14,632,560 14,666,085 14,562,325 14,268,109 2006 2005 2004 2003 2002 0.224 0.138 0.164 0.189 0.162 % 7.50 4.76 5.64 6.53 5.72 % 7.53 4.83 7.53 6.49 5.75 % 7.68 4.87 7.56 6.55 5.91 0.48 0.26 0.33 0.29 0.26 2006 2005 2004 2003 2002 2.98 2.90 2.91 2.89 2.83 2.98 2.90 2.91 2.89 2.83 2006 6
5,037,747,500 7,488,686,684 1,058,431,299 352,810,432 1,047,694,426 14,632,559,909 135,704,490 992,076,871 1,127,781,361 352,810,432 730,473,388 730,473,388 5,037,747,500 7,488,686,684 1,194,135,789 1,309,297,909 15,029,867,882 10% 7
2006 2005 2004 2003 2002 3,925,569 2,104,904 2,951,996 2,675,814 2,272,515 1,762,326 990,608 1,461,238 1,533,974 1,308,949 1,174,111 668,028 979,391 990,281 834,035 1,178,505 678,085 1,256,874 984,488 831,143 1,936,501 868,637 1,502,916 1,449,273 1,308,827 2006 2005 2004 2003 2002 25,046,796 25,798,403 19,240,021 15,218,027 13,520,963 13,651,455 13,207,817 13,267,407 13,018,489 12,683,115 2006 2005 2004 2003 2002 0.233 0.133 0.194 0.197 0.166 % 8.60 5.06 7.38 7.61 6.58 % 8.63 5.13 9.47 7.56 6.55 % 8.84 5.16 9.63 7.69 6.58 0.38 0.17 0.30 0.29 0.26 2006 2005 2004 2003 2002 2.71 2.62 2.63 2.58 2.52 2.71 2.62 2.63 2.58 2.52 2006 8
4,000,000 3,925,569 1,200,000 1,174,111 3,500,000 3,000,000 2,500,000 2,272,515 2,675,814 2,951,996 2,104,904 1,000,000 800,000 834,035 990,281 979,391 668,028 2,000,000 600,000 1,500,000 1,000,000 500,000 400,000 200,000 2002 2003 2004 2005 2006 2002 2003 2004 2005 2006 0.25 0.20 0.15 0.166 0.197 0.194 0.133 0.233 3.0 2.5 2.0 1.5 2.52 2.58 2.63 2.62 2.71 0.10 1.0 0.05 0.5 0 2002 2003 2004 2005 2006 0 2002 2003 2004 2005 2006 9
2006 200611 516A AG 35.71% 2005CFO CFO 2005 2005 2005 A 76.83% 2006 2006 10
40 2006 2006 15 2006 H 2006 40 238 929A G 11
67.15 48.45 72%
2006 20064,098,477 2005 83.57% 1,127,7810.224 200561.93% 1,174,1110.233200575.76% 1 1994 1997H2000A 2002ADR 2006 14
700 33270 15
3 99.7536.19 67.15 48.4572% 2 2006 2006 8 2006 16
2006 2006 2006H 3 2007 2007 2006 20101,2004,000 17
2006 18
2006 2007323 19
200647 www.sse.com.cn 2006410 2006428 www.hkex.com.hk 200658 2006530 www.jsexpressway.com 2006531 200665 200666 2006712 2006713 2006818 2006821 20061026 20061027 1 2005 200520066520055,037,747,500 1.45 20066152006616H 1.402H2006552006 652006626 2 200599402005923 200511740 2006911 2006 20
3 A 2006424A A4,800A10A 3.22006516 4 2006942006 405 2006 2006 1,127,7810.224 1,174,111 0.233 20065,037,747,500 0.19 2006 21
2006
2006 1 628 163 2006 2006 24
AA 76.83% 921 2006 H 2006 2 2,600 312 25
15 9 312 2006 26
60%99% 38%58 QC6S 27
3 20064,098,4772005 83.57% 1,127,7810.224200561.93% 1,174,1110.2332005 75.76% 200610.5%, 14.9% 200612%13.6%14.7% 12.9% 2006 200511.9%18.8% 200511.2%10.5% 2006 2006240.8 200525.3%148.37 200535.6% 200611 2006 2006 28
2006 A 20064,098,477200583.57% (%) (%) (%) 2,564,642 62.58 137.33 584,204 77.22 312 203,371 4.96-33.98 293,550-44.34 103,060 2.51 27.72 38,449 62.69 561,369 13.70 13.16 147,261 73.77 613,814 14.98 167.67 601,427 2.02 52,221 1.27 37.63 49,221 5.75 4,098,477 100.00 83.57 1,714,112 58.18 312312 29
20061,714,112200579.37% (%) (%) 584,204 34.08 342,962 70.34 312 293,550 17.13 128,648 128.18 38,449 2.24 33,882 13.48 147,261 8.59 148,474-0.82 601,427 35.09 270,712 122.16 49,221 2.87 30,976 58.90 1,714,112 100.00 955,654 79.37 70.34% 2006385,735205,687 85.26% 312128.18% 122.16% 2006 30
2 3,432,442200574.64% 83.75% 2006 2005 2006 2005 % % 39,468 21,688 81.98 7,026.4 2,960.6 137.33 312 31,665 42,871-26.14 557.2 843.9-33.98 13,951 12,043 15.84 282.4 221.1 27.72 35,240 32,806 7.42 624.8 639.2-2.25 31,441 25,041 25.56 913.2 719.9 26.85 37,180 34,155 8.86 2,061.8 2,103.9-2.00 18,621 17,005 9.50 1,480.6 1,552.5-4.63 200611 1234. 55%20041-535.45% 200639,468200520041-581.98% 6.29%70.85%29.15% 20062,564,64274.72% 62.58% 7,026.42005137.33%52.93% 47.07% 31
% % % % 2006 37,215 74.45 25.55 6,289.6 58.69 41.31 169 2006 41,685 67.68 32.32 7,751.2 48.26 51.74 186 2006 39,468 70.85 29.15 7,026.4 52.93 47.07 178 2005 21,688 93.23 6.77 2,960.6 93.38 6.62 136 20041-5 37,132 64.55 35.45 7,551.7 46.37 53.63 203 2006 20041-52006 20041-56.96% 2006118.17%1234.55%20051 2007 312 31231,665557.2 26.14%33.98% 312 312 2006 2006 32
13,951200515.85% 282.4200527.72% 200612 2.51%3.65% 2006 200525.56%26.85% 20057.42%8.86% 2005 18,6212005 9.50%20062005 4.63% 3 2006 33
4 % % 95.5% 71,664 34-97.81 95% 132,334-5,086-0.43 85% 2,865,649 262,807 20.40 19.81 5 % % 33.33% 4,920,889 14,525-39.63 1.29 33.2% 291,165 6,618 13.83 0.59 26.66% 3,454,818 89,479 3.15 7.93 2006 34
1 2006 2005 (%) 26,425,207 27,223,147-2.93 6,530,753 7,233,689-9.72 4,436,759 4,939,990-10.19 427,827 416,908 2.62 15,029,868 14,632,560 2.72 2,260,677 1,180,227 91.55 1,127,781 696,456 61.93-277,183 549,284 2006 2005 (%) 25,046,794 25,798,403-2.91 6,530,753 7,233,689-9.72 4,436,759 4,939,990-10.19 427,827 416,908 2.62 13,651,455 13,207,817 3.36 1,762,326 990,608 77.90 1,174,111 668,028 75.76-277,183 549,283-150.46 35
2 2006 2005 (%) 4,046,256 2,194,736 84.36 2,260,677 1,180,227 91.55 (445,150) (162,389) 174.13 1,606,297 829,238 93.71 117,801 128,945-8.64 1,716,027 944,436 81.70 (549,079) (215,126) 155.24 (39,167) (32,854) 19.22 1,127,781 696,456 61.93 0.224 0.138 61.93 0.190 0.145 31.03 2006 2005 (%) 3,925,569 2,104,904 86.50 39,981 37,968 5.30 128,265 135,995-5.68 (455,278) (168,334) 170.46 (549,048) (289,726) 89.51 (39,167) (32,854) 19.22 1,174,111 668,028 75.76 8,613,707 8,170,069 5.43 0.233 0.133 75.76 0.190 0.145 31.03 74.72% 200612318,948,694 4,510,0004,436,7591,935 2006 36
3 200612312005 20061231 20051231 % % 6,530,753 24.71 7,233,689 26.57 4,436,759 16.79 4,939,990 18.15 8,948,694 33.86 9,308,659 34.19 2,018,818 7.64 2,865,020 10.53 15,029,868 56.88 14,632,560 53.75 427,827 1.62 416,908 1.53 26,425,207 100.00 27,223,147 100.00 41.50 44.72 200612312005 20061231 20051231 % % 6,530,753 26.08 7,233,688 28.04 4,436,759 17.71 4,939,990 19.15 8,498,694 35.73 9,308,659 36.08 2,018,818 8.06 2,865,019 11.11 13,651,455 54.50 13,207,817 51.19 427,827 1.71 416,908 1.62 25,046,794 100.00 25,798,403 100.00 35.73 36.08 2006123120051231 37
20064,128,266 2,441,451796,874 2006 2005 1231 1231 266 191 796,608 1,073,867 796,874 1,074,058 4,510,000 450,000 3,912,026 1,935 6,643 4,436,759 4,939,990 8,948,694 9,308,659 10% 445,150 2006 38
2006 2005 2,441,451 1,285,000 (1,125,214) (3,850,340) (1,593,420) 3,114,623 (277,183) 549,283 20061,288,723 1,151,632 137,091 1,288,723 33%2006549,079 3% H 19989,800,00020277182006 123138,694 39
200511 5,037,748 5,730,454 617,028 308,515 1,576,517 13,270,262 668,028 668,028 88,591 44,296 (132,887) -730,473-730,473 20051231 5,037,748 5,730,454 705,619 352,811 1,381,185 13,207,817 352,811-352,811 200611 5,037,748 5,730,454 1,058,430 1,381,185 13,207,817 1,174,111 1,174,111 135,704-135, 704-730,473-730,473 20061231 5,037,748 5,730,454 1,194,134 1,689,119 13,651,455 : 20066720051231 200611 20061231 20061231 200,000 200611620067153.915 300,000 200,0003.915 100,0004.185 2006 40
4 20071 12006215 [2006]136 38-2006 1231200711 (1) [2003]10 200612311,816,803 2007111,816,803 (2) 200711200711 8,013,4758,013,475 (3) 200711427,827,147 41
1 2 2007 2006 42
2007323 43
2006 H
2006 46
1 54.44% 11.69% 2 2006652008 4 3.13 47
3 2006652008 532 2006 4 2006 48
14200511 200611 A. A1. 49
4 200674 1 31 2006 7/7 100% 7/7 100% 6/7 86% 7/7 100% 6/7 86% 7/7 100% 7/7 100% 6/7 86% 6/7 86% 6/7 86% 6/7 86% 2006 50