untitled

BENGANG STEEL PLATES CO.,LTD. 2004 OO

3 4 7 9 12 13 14 23 24 33 33 1 1

1 943,710,717.66 732,062,544.19 732,987,883.74 1,210,297,951.24

80,370.32 945,091,821.47-1,381,103.81 1,960,843,724.47 401,018,034.87-2,199,938.82 818,835.01-455,764.26-925,339.55 2 2004 2003 2002 17,349,451,469.80 11,210,196,468.06 7,750,476,965.01 7,750,476,965.01 732,062,544.19 524,724,466.62 384,915,214.44 384,915,214.44 7,865,787,938.50 7,118,649,316.30 7,058,153,049.51 6,736,560,089.74 4,902,711,055.39 4,397,270,824.40 3,870,861,649.67 3,870,861,649.67 0.64 0.46 0.34 0.34 0.64 0.46 0.34 0.34 4.3158 3.8708 3.4074 3.4074 4.3125 3.8674 3.4056 3.4056 1.73 0.83 0.74 0.74 0.65 0.46 0.36 0.36 14.93% 11.93% 9.94% 9.94% 15.37% 12.70% 10.46% 10.46% 14.95% 11.86% 11.04% 11.04% 3

2004 2003 % % 4 1577,686.80 2109,809,381.6310%5% 3732,062,544.19337,009,381.63 5-2004 2003 732,062 524,724 - (i) (2,532) (43,101) - (i) (29,683) - - (ii) - (9,796) - (iii) 578 1,685 (31,637) (51,212) 700,425 473,512

. 2004 2003 4,902,711 4,397,271 - (i) 321,764 321,764 - (i) (89,894) (87,362) - (i) (29,683) - - (ii) 14,713 14,713 216,900 249,115 5,119,611 4,646,386 1 20041231 :

1 2 3 4 5 6 7 8

100% 54.23%

1

19964 20012 200411 20008 200411 20038 56 52 50 49 45 58

49 197891982719869 1989720009 200361995319963 51 1974 19771977 1980198319835 19854 198819906 199161998 52 54 55 52 39 12004 30.64 18.3710.74 2 136 1.5-414-525-103

200412313843 1322783.96%491.28% 2857.42%350.91%2476.43% 2240.63%51213.32%524 13.64%157540.98%120831.43% 31686 1 2 3

4 5 20041 2004423 2003 20045252003 19632,378,394 55.67%B1716,368,394B 4.09% 2004528

487,823,918.80 2.81% 8,291,155.66 0.69% 1,358,125,277.44 7.83% 171,828,637.77 14.20% 15,286,537,841.61 88.11% 1,013,705,381.70 83.76% 77,858,618.35 0.45% 1,801,766.87 0.15% 139,105,813.60 0.80% 14,671,009.24 1.21% 17,349,451,469.80 1,210,297,951.24 10,398,620,144.95 742,607,342.77 487,823,918.80 2.81% 8,291,155.66 0.69% 1,085,897,088.11 6.26% 204,622,677.96 16.91% 8,685,837,270.59 50.06% 515,023,712.15 42.55% 139,061,867.45 0.80% 14,669,797.00 1.21% 2,239,896,163.26 12.91% 156,255,184.33 12.91% 8,750,345,743.00 50.44% 610,424,228.33 50.44% 4,092,101,767.78 23.59% 285,465,070.43 23.59%

227,966,488.61 1.31% 15,902,945.09 1.31% 9,525,765.27 0.05% 664,517.50 0.05% - 0.00% - 0.00% 2,029,615,541.88 11.70% 141,586,005.55 11.70% 17,349,451,469.80 1,210,297,951.24 + 2,239,896,163.26 28.05% 8,750,345,743.00 58.93% 4,092,101,767.78 29.43% 227,966,488.61-60.68% 9,525,765.27 19.30% - -100.00% 2,029,615,541.88 890.02% 17,349,451,469.80 1,358,125,277.44 1,186,296,639.67 12.65% 15,286,537,841.61 14,272,832,459.91 6.63% 9,771,734,358.70 9,052,087,968.59 1,085,897,088.11 881,274,410.15 18.84% 8,685,837,270.59 8,170,813,558.44 5.93% 5 15,861,846,332.10 97.15% 5 8,445,485,719.53 48.68%

20002000 93,943 11#225200420047392004 22,964200320031,580 20042,5952004 3131,360200320031,211 20041,5332004 422020032003166

20042092004 56,031200320032,073 20046,0742004 65#9,1462003200311 20048,2782004 7200420043502004 8200420047.22004 920042004462004 1020042004722004 113#7,80020022003491 2004541 124#135,263.2020032003934 200468,0262006 1380020042004 3102005 1492320042004 6502005 154#26020042004 652005 1621,093200320032,949 200419,1232005 1726,368.6120052006 2004 2003

% 7,865,787,938.50 7,118,649,316.30 10.50% 311,862,281.42 325,687,720.44-4.24% 4,902,711,055.39 4,397,270,824.40 11.49% 1.73 0.83 107.84% 1 2 3 4 2004 2003 % 17,349,451,469.80 11,210,196,468.06 54.76% 16,139,153,518.56 10,234,149,054.88 57.70% 1,210,297,951.24 957,715,654.41 26.37% 265,286,500.09 187,822,969.75 41.24% 3,505,689.14 3,363,812.43 4.22% 732,062,544.19 524,724,466.62 39.51% 1 2 3 4 5 6

22003 67 849 1700mm10 1112 132004

14 2004 20041020 1 20042 2 2003 200452520032003 200312311,136,000,00010 2.00 227,200,000.00 1,253,577,420.82 2004629 2003200475 200476 2004732,062,544.19 10%73,206,254.42 5% 36,603,127.21 2004 395,053,162.56 20031,480,777,420.82 1,875,830,583.38 2004200412311,136,000,000 102.00227,200,000.00 1,648,630,583.38

67 84 91700mm10 1112 2004 20041020

12004 2 2004 1 2004 2 3 4 1 120041231 2) 2003.12.31 2004.12.31 RMB47 RMB47

3) 2003.12.31 2004.12.31 % % % RMB61,344 54 RMB61,344 54 4 () () 2 120031218

200411 A 1.5% 2.52 B 21997 3 5 19976

19974 7 50 2,673,000 2002 4 6 2005 4 7 3 1 A 2004 2003 % % 4,808,224,388 27.71 3,027,092,446 27.00 B 2004 2003 % % 2,030,091,873 11.70 90,068,047 0.80 1,981,637. 0.01 23,415,428 0.21 666,604,139 3.84 603,162,516 5.38 100,963,455 0.58 119,403,986 1.07 311,667,358 1.80 147,689,834 1.32 318,780,720 1.84 273,166 0.00 234,665,915 1.35 309,397,622 2.76 61,427,031 0.35 151,592,599 1.35 9,525,765 0.05 7,984,637 0.07 617,121,116 3.56 440,542,158 3.93 323,444,201 1.86 198,338,994 1.77 24,605,740 0.14 40,589,427 0.36 - - 26,306,638 0.23 191,277,332 1.10 111,940,689 1.00 186,658,633 1.08 62,598,282 0.56 85,207,053 0.49 4,292,459 0.04 162,976,137 0.94 94,281,509 0.84 () 263,039,782 1.52 32,433,322 0.29 () 190,082,336 1.10 - - () 71,297 0.00 - - () 22,159,087 0.13 - - 5,802,350,607 33.44 2,464,311,313.00 21.98

2 C 2004 2003 % % 11,877,306,051 73.59 6,187,625,962 60.46 813,040,207 5.04 915,875,964 8.95 12,690,346,258 78.63 7,103,501,926 69.42 2004 B 2004 2003 % % 2,150,015,663 13.33 1,347,499,159 13.17 66,928,349 0.41 73,713,473 0.72 109,931,240 0.68 88,878,625 0.87 43,971,960 0.27 - - 2,412,103 0.01 - - 1,284,371 0.01 - - 1,384,321 0.01 - - 2,375,928,007 14.72 1,510,091,257 14.76 3: 2004 2003 800,652,861 755,180,345 48,193,945 65,956,630 51,127,567 181,642,609 25,200 25,200 2,673,192 2,673,192 6,087,164-9,895,030 16,130,138 1,160,000 30,444,233 3,111,352 3,098,258 1,304,690 275,764,686 927,820 1,383,916 23,877,550 2,745,667 229,796 209,130 1,395,742 1,123,190

21,195,004-280,808,079-45,993,687-20,374,473-3,746,460-31,467,881-8,955,677-3,642,170-4,438,811-5,344,648-4,975,342-18,533,653-2,299,292-1,760,225-4: 20041231 20031231-7,000,000 1,550,000 13,500,000-62,270,000-4,500,000-16,260,000 3,811,448 1,400,000 200,000-5,561,448 104,930,000 433,800-338,900 - () 102,700-63,600-27,100-4,400 -

970,500-73,049,191 53,494,842 102,939,282 - - 24,436,060-6,711,719-6,406,844-6,367,585-2,725,494 175,988,473 100,142,544-7,567,853-3,771899-1,728,593-5,620,695-7,392,619 90,259,473 32,775,640 42,507,063 39,787,830 () 2,608,370 1,067,000 25,022,051 8,852,609 68,482,194 66,879,047 487,130 - () 5,460,591-234,826,872 175,443,785 804,095,162 1,509,043,149 804,095,162 1,509,043,149 129,478,951 323,773,235 264,995 6,620,166 23,152,334 26,282,411 99,244,800 108,679,718 66,284,791 28,685,365 71,765,925 27,456,234 9,359,356 22,979,791 22,358,460 18,304,165 8,262,277 11,467,306 410,465 2,345,957 14,132,107-44,138,686-92,217-15,860,506-9,147,578-513,953,448 576,594,348

6,102,245 1,090,000 100,000 100,000-42,375 7,802,238 2,440,000 19,832,584-1,033,977-84,455-34,955,499 3,672,375 53,054,493 12,992,986 4,124,503 3,480,051 15,758,743 1,847,212-5,928,449 620,334 1,147,113 6,085,818-3,238,672-547,964-289,366-7,575,687-1,742,851-5,890-7,507,902-1,038,112-101,590,335 25,395,811 2 3 4 5% 110 12

1 2

200509501 20041231 20042004 200412312004 17

() : 2004 12 31 2003 12 31 1 1,404,212,965.18 1,003,194,930.31 2 77,757,622.17 378,485,000.00 3 177,061,781.98 117,407,859.19 4 42,341,712.60 22,801,631.44 5 865,003,648.75 1,547,297,293.33 6 1,627,267,861.71 841,007,429.02 7 1,709,633.61 1,820,023.75

4,195,355,226.00 3,912,014,167.04 8 6,049,348,863.15 5,248,601,693.13 8 2,698,084,424.13 2,136,116,016.58 8 3,351,264,439.02 3,112,485,676.55 8 8 3,351,264,439.02 3,112,485,676.55 9 319,168,273.48 94,149,472.71 3,670,432,712.50 3,206,635,149.26 7,865,787,938.50 7,118,649,316.30 ()( : 2004 12 31 2003 12 31 10 10,000,000.00 20,756,438.69 11 437,761,723.98 284,846,714.39 12 1,829,228,119.90 1,411,136,332.24 1,301,837.10 1,077,271.46 7,056,870.60 4,460,364.10 13-75,423,246.05-20,414,183.02 14-5,559,755.28 310,980.43 15 184,357,432.44 80,133,513.00 16 262,491,619.00 613,383,340.17

2,651,214,601.69 2,395,690,771.46 17 311,862,281.42 325,687,720.44 311,862,281.42 325,687,720.44 2,963,076,883.11 2,721,378,491.90 18 1,136,000,000.00 1,136,000,000.00 19 1,399,196,338.21 1,398,618,651.41 20 491,684,133.80 381,874,752.17 20 163,894,710.93 127,291,583.72 21 1,875,830,583.38 1,480,777,420.82 227,200,000.00 227,200,000.00 4,902,711,055.39 4,397,270,824.40 7,865,787,938.50 7,118,649,316.30 () : 2004 2003 22 17,349,451,469.80 11,210,196,468.06 22 16,139,153,518.56 10,234,149,054.88 23 18,331,758.77 1,210,297,951.24 957,715,654.41 80,370.32 24 127,302,019.73 61,346,309.21 25 106,909,815.54 51,303,255.10 26 31,074,664.82 75,173,405.44 945,091,821.47 769,892,684.66 27 2,124,585.33 3,793,859.22

28 3,505,689.14 3,363,812.43 943,710,717.66 770,322,731.45 29 211,648,173.47 245,598,264.83 732,062,544.19 524,724,466.62 1,480,777,420.82 1,034,761,624.19 2,212,839,965.01 1,559,486,090.81 73,206,254.42 52,472,446.66 36,603,127.21 26,236,223.33 2,103,030,583.38 1,480,777,420.82 227,200,000.00 1,875,830,583.38 1,480,777,420.82 1 2 3 4-160,690,517.08 5 6

() 2004 2003 20,958,392,423.62 12,790,132,609.12 127,403,730.65 0.00 0.00 0.00 21,085,796,154.27 12,790,132,609.12 18,665,331,344.14 11,142,689,436.72 123,140,830.24 103,747,112.31 244,338,859.35 500,171,356.43 92,141,396.07 100,065,611.69 19,124,952,429.80 11,846,673,517.15 1,960,843,724.47 943,459,091.97 0.00 0.00 0.00 155,588,932.12 0.00 0.00 1,537,945.38 6,788,217.70 7,569,247.91 13,983,101.88 9,107,193.29 176,360,251.70 938,730,109.53 97,126,368.43 0.00 124,031,110.30 0.00 0.00 938,730,109.53 221,157,478.73-929,622,916.24-44,797,227.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 364,717,160.19 691,482,140.78 265,485,776.22 69,095,027.74 0.00 0.00 630,202,936.41 760,577,168.52-630,202,936.41-760,577,168.52 163.05-309.41 401,018,034.87 138,084,387.01 2004 2003 1. : 0.00 0.00

732,062,544.19 524,724,466.62 0.00 0.00 184,480.63-3,725,179.40 575,965,425.12 412,661,093.00 0.00 0.00 0.00 0.00 110,390.14 280,110.82 0.00 0.00 2,199,938.82-2,345,615.79 0.00 0.00 38,285,776.22 75,173,405.44 0.00 0.00 0.00 0.00-786,260,432.69-104,910,978.97 903,642,537.83-162,036,660.45 494,653,064.21 203,638,450.70 0.00 0.00 1,960,843,724.47 943,459,091.97 0.00 2. : 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,404,212,965.18 879,163,820.01 1,003,194,930.31 741,079,433.00 0.00 0.00 0.00 0.00 401,018,034.87 138,084,387.01-0.00154686

1 33,627,823.84 184,480.63 - - 33,812,304.47 2 32,203,566.46 82,895.63-32,286,462.09 3 1,424,257.38 101,585.00-1,525,842.38 4 - - - - - - 5 - - 6 - - 7 13,167,093.55 - - - - 13,167,093.55 8 - - 9 13,167,093.55 - - 13,167,093.55 10 - (0.00) - - (0.00) 11 (0.00) - (0.00)

12 - - - 13 - - - - - - 14 - - 15 - - 16 - - - - - 17 - - - 18 - - - 19 - - - 20 - - 21 46,794,917.39 184,480.63 - - - 46,979,398.02

() : 1,136,000,000.00 1,136,000,000.00 1,136,000,000.00 1,136,000,000.00 1,398,618,651.41 1,396,933,943.30 577,686.80 1,684,708.11 1,399,196,338.21 1,398,618,651.41 254,583,168.45 202,110,721.79 73,206,254.42 52,472,446.66 73,206,254.42 52,472,446.66 73,206,254.42 52,472,446.66 327,789,422.87 254,583,168.45 327,789,422.87 254,583,168.45 127,291,583.72 101,055,360.39 36,603,127.21 26,236,223.33 36,603,127.21 26,236,223.33 163,894,710.93 127,291,583.72 1,480,777,420.82 1,034,761,624.19

732,062,544.19 524,724,466.62 337,009,381.63 78,708,669.99 1,875,830,583.38 1,480,777,420.82

1997327 199757 B 1997 6 27 1997610 B400,000,0002.381997113 A120,000,0005.34A 1998115 1,136,000,000616,000,0001999 4 28 210000104902416 1,136,000,000 1 2 111231 3 4

5 6 7 1 0% 1 2 5% 2 3 20% 3 4 5 ( ) 6

7 3 8 8 9 10 1 C D E 2

A B 10 C 1 2 3 D 20%20 2020 50 50 3

11 11 2 B C D E F F 3 3% 8-30 3.233%-12.125% 3% 2.9-12.9 7.545%-33.950% 3% 4.3 22.634% 4 A B C D E

12 1 2 3 13 14 10

15 5 16 17 1 A B C D 2 3 A B 18 19

: 1 2 3 20 21 1 21995 11 A B C D 3 22 120045252003 2004112004 26,566,730.0926,566,730.09 2 ([2003]ll) [2004]153 200471() 40 134,123,786.99

23 1 17% [2004]156200471 200471() 27% 333% 430%1.2% 5 20041 1 20041231 20041112 31 2003111231 1 20041231 20031231 12,494.04 13,249.77 981,897,017.85 487,540,890.66 422,303,453.29 515,640,789.88 1,404,212,965.18 1,003,194,930.31

200412 31 200312 31 53,950.00 8.2765 446,517.17 16,979.43 8.2767 140,533.65 427,891.67 1.0637 455,148.37 513,112.36 1.0657 546,823.84 901,665.54 687,357.49 39.97% 2 2004123177,757,622.17 () 3 20041231 20031231 % % 1 176,950,270.18 84.52-117,213,451.76 78.35-1 2 - - - 139,389.75 0.09 6,969.49 2 3 139,389.75 0.07 27,877.95 77,483.96 0.05 15,496.79 3 32,258,584.14 15.41 32,258,584.14 32,181,100.18 21.51 32,181,100.18 209,348,244.07 100.00 32,286,462.09 149,611,425.65 100.00 32,203,566.46 200412315% 50.81% 1 () 193,254,431.47 92.31%1175,988,473.41317,265,958.06 4

20041231 20031231 % % 1 38,376,307.60 87.48-20,766,341.44 85.72-1 2 2,031,700.00 4.63 101,585.00 - - - 2 3 - - - - - - 3 3,459,547.38 7.89 1,424,257.38 3,459,547.38 14.28 1,424,257.38 43,867,554.98 100.00 1,525,842.38 24,225,888.82 100.00 1,424,257.38 200412315% 6,102,245.10 81.08%4# () 1,740,000 295,2902,035,290 () 19,832,583.86 1 7,802,238.35 17021-278 6,102,245.10 1 2,000,000.00 1 1,740,000.00 3 37,477,067.31 37,477,067.31 85.43% 5

20041231 20031231 % % 1 845,653,260.60 97.76 1,547,297,293.33 100.00 1 2 19,350,388.15 2.24 - - 2 3 - - - - 3 - - - - 865,003,648.75 100.00 1,547,297,293.33 100.00 200412 31 804,095,162.62 2003 12 31 1,509,043,199.24 () 831,512,067.841 96.13% 6 20041231 20031231 6,617,482.54-4,081,783.50-988,290,204.30-369,109,048.52-189,021,340.76 13,167,093.55 207,915,126.42 13,167,093.55 456,505,927.66-272,995,822.13 - - - 72,742.00-1,640,434,955.26 13,167,093.55 854,174,522.57 13,167,093.55 92.05%1 2 3

7 20031231 20041231 1,820,023.75 3,661,358.77 3,771,748.91 1,709,633.61 1,820,023.75 3,661,358.77 3,771,748.91 1,709,633.61 8 961,173,809.08 210,675,866.54 210,675,866.54 5,057,503.00 1,166,792,172.62 4,266,527,727.26 607,513,927.83 607,345,123.25 12,121,947.96 4,861,919,707.13 20,900,156.79 318,328.42 292,998.42 581,501.81 20,636,983.40 5,248,601,693.13 818,508,122.79 818,313,988.21 17,760,952.77 6,049,348,863.15 330,999,826.40 49,444,033.97 49,444,033.97 1,745,428.21 378,698,432.16 1,793,192,210.79 523,944,685.39 523,944,685.39 11,680,137.55 2,305,456,758.63 11,923,979.39 2,576,705.76 2,576,705.76 571,451.81 13,929,233.34 2,136,116,016.58 575,965,425.12 575,965,425.12 13,997,017.57 2,698,084,424.13 - - - - - 3,112,485,676.55 3,351,264,439.02 818,313,988.21194,134.58 17,760,952.77 3,763,935.20-2,199,938.82

20047122 9 2003.12.31 2004.12.31 3# 78,000,000.00 4,913,040.65-500,000.00-5,413,040.65-10.00% 4# 875,870,000.00 9,335,500.01-670,923,331.79 620,258,831.80 60,000,000.00-210,930,000.00 29,489,181.00-161,742,086.61-191,231,267.61-90.00% 4# 2,600,000.00 - - 652,478.64-652,478.64-25.00% 9,100,000.00 - - 6,499,583.02-6,499,583.02-70.00% 8,000,000.00 - - 3,098,842.35-3,098,842.35-40.00% - - - 315,961,119.61-52,273,061.21-29,640,000.00 15,800,991.06-10,149,050.70 25,950,041.76 - - 13 13,600,000.00 12,110,166.99-3,217,046.85 15,327,213.84 - - 2,200,000.00 1,658,000.00-434,784.84 2,092,784.84 - - 5# 91,460,000.00 113,900.00-81,687,041.71 81,800,941.71 - - 60,310,000.00 20,728,693.00-40,014,666.58 60,743,359.58 - - 3,498,126.63 - - 3,498,126.63 3,498,126.63 - - 72,000.00 - - 72,000.00 72,000.00 - - 1#225T 7,391,875.20 - - 7,391,875.20 7,391,875.20 - - 718,983.77 - - 718,983.77 718,983.77 - - 459,829.08 - - 459,829.08 459,829.08 - - 94,149,472.71-1,307,020,847.38 818,313,988.21 319,168,273.48-239.00%14# 2 10 2004123110,000,000

11 20041231 20031231 % % 1 343,560,897.65 78.48 260,405,993.39 91.42 1 2 75,641,736.65 17.28 4,822,177.53 1.69 2 3 570,232.43 0.13 11,000,016.79 3.86 3 17,988,857.25 4.11 8,618,526.68 3.03 437,761,723.98 100.00 284,846,714.39 100.00 3 17,988,857.25 2003 12 31 8,618,526.68 20041231 90,259,473.135% 53.68% 239,737,980.561128,748,723.84 1-2110,989,256.7254.76% 12 20041231 20031231 % % 1 1,807,655,747.19 98.82 1,317,622,934.47 93.37 1 2 6,150,258.00 0.34 40,691,490.33 2.88 2 3 6,674,818.92 0.36 - - 3 8,747,295.79 0.48 52,821,907.44 3.75 1,829,228,119.90 100.00 1,411,136,332.24 100.00 20041231 129,478,951.1520031231323,773,235.12 5% 480,400,046.101 26.26%

13 : 20041231 20031231-10,125,756.65 8,838,729.36-40,585,496.06 - -15,703,953.66-30,352,127.13 800,616.13 634,083.08-9,754,571.76 519,215.72-54,084.05-54,084.05-75,423,246.05-20,414,183.02 : [2004]156 200471200471() 7 51,765,187.67 2004 226 2004 11,179,691.61 29 14 : 20041231 20031231-4,218,749.54 192,714.52-1,341,005.74 118,265.91-5,559,755.28 310,980.43 3% 1% 15

20041231 20031231 % % 1 117,701,831.33 63.84 11,329,880.70 14.14 1 2 7,958,598.22 4.32 57,600.00 0.07 2 3 57,600.00 0.03 21,886,839.57 27.31 3 58,639,402.89 31.81 46,859,192.73 58.48 184,357,432.44 100.00 80,133,513.00 100.00 130.06% 20041231 53,054,492.765% 89,982,642.261 48.81% 16 20041231 20031231 37,000,000.00 222,510,000.00 225,491,619.00 390,873,340.17 262,491,619.00 613,383,340.17 3,080,000.00 2.94% 2002.12.30~2005.6.30 25,491,619.00 37,000,000.00 5.76% 2002.11.15~2005.11.14 37,000,000.00 150,000,000.00 5.76% 2001.06.05~2005.11.05 150,000,000.00 25,000,000.00 5.76% 2001.07.06~2005.07.15 25,000,000.00 25,000,000.00 5.76% 2001.07.06~2005.11.15 25,000,000.00 262,491,619.00 2004 12 31

17 20041231 20031231 122,510,000.00 150,000,000.00 189,352,281.42 175,687,720.44 311,862,281.42 325,687,720.44 10,000,000.00 5.49% 2001.02.12-2007.02.10 10,000,000.00 112,510,000.00 5.49% 2004.02.23-2007.02.18 112,510,000.00 50,000,000.00 5.49% 2004.03.26-2007.03.25 50,000,000.00 25,000,000.00 5.76% 2004.12.06-2006.10.15 25,000,000.00 475,244,042.00 2.10% 1997.09.10-2027.09.10 37,877,425.40 12,320,000.00 2.94% 2002.12.30-2008.12.30 76,474,856.02 311,862,281.42 200412 31 18 +- 1 61600 61600 : 61600 61600 2 3 4 : 61600 61600 1 12000 12000 2 40000 40000 3

52000 52000 113600 113600 B 1997623 A 19974 14 19 20031231 20041231 1,403,670,719.30 - - 1,403,670,719.30 1,684,708.11 577,686.80-2,262,394.91-6,736,776.00 - - -6,736,776.00 1,398,618,651.41 577,686.80-1,399,196,338.21 577,686.80 20 20031231 20041231 254,583,168.45 73,206,254.42-327,789,422.87 127,291,583.72 36,603,127.21-163,894,710.93 381,874,752.17 109,809,381.63-491,684,133.80 21 200412311,875,830,583.38 1 2: 10 3: 5 4: 5 2004 1,480,777,420.82 732,062,544.19 732,062,544.19 -

337,009,381.63 109,809,381.63 : 73,206,254.42 36,603,127.21-227,200,000.00 1,875,830,583.38 2004420362003 113,600102.00() 227,200,0002003 22 2004 2003 2004 2003 15,286,537,841.61 10,652,707,704.53 14,272,832,459.91 9,667,947,640.55 1,358,125,277.44 204,140,807.21 1,186,296,639.67 198,249,041.39 487,823,918.80 193,769,800.20 479,532,763.14 198,326,145.49 77,858,618.35 67,919,233.31 76,056,851.48 78,546,909.14 139,105,813.60 91,658,922.81 124,434,804.36 91,079,318.31 17,349,451,469.80 11,210,196,468.06 16,139,153,518.56 10,234,149,054.88 20048,445,485,719.48 48.68% 15,319,835,928.072,029,615,541.73 200311,005,189,776.84205,006,691.22 () 54.76% 200415,861,846,332.10 98.28% ()

57.70% 23 2004 2003-329.10-11,665,455.24-4,999,480.82-1,666,493.61-18,331,758.77 0 24 2004127,302,019.73107.51% 3,180 2,0902,200 25 2004106,909,815.54108.39% 20032,460 13644#1700mm 740 26 2004 2003 38,285,776.22 67,389,434.89-7,569,247.91-13,983,101.88-360,380.52 20,061,479.58 718,517.03 1,705,592.85 31,074,664.82 75,173,405.44

27 20042,124,585.331,428,000 696,425.32 28 20043,505,689.142,896,364.14 609,325 29 2004211,648,173.47 [2000]370 [2000]372 1700mm 1999 2001326,004,00040 130,401,6002004100,000,000 30,401,600 30 2004127,403,730.65 31 200492,141,396.07 38,872,269.2128,112,986.4710,463,156.03 5,395,778.562,673,192.002,937,260.59 1 120041231 2) 2003.12.31 2004.12.31 RMB47 RMB47

3) 2003.12.31 2004.12.31 % % % RMB61,344 54 RMB61,344 54 4 ()

() 2 120031218 200411 A 1.5%

2.52 B 21997 3 5 19976 19974 7 50 2,673,000 2002 4 6 2005 4 7 3 1 A 2004 2003 % % 4,808,224,388 27.71 3,027,092,446 27.00 B 2004 2003 % % 2,030,091,873 11.70 90,068,047 0.80 1,981,637. 0.01 23,415,428 0.21 666,604,139 3.84 603,162,516 5.38

100,963,455 0.58 119,403,986 1.07 311,667,358 1.80 147,689,834 1.32 318,780,720 1.84 273,166 0.00 234,665,915 1.35 309,397,622 2.76 61,427,031 0.35 151,592,599 1.35 9,525,765 0.05 7,984,637 0.07 617,121,116 3.56 440,542,158 3.93 323,444,201 1.86 198,338,994 1.77 24,605,740 0.14 40,589,427 0.36 - - 26,306,638 0.23 191,277,332 1.10 111,940,689 1.00 186,658,633 1.08 62,598,282 0.56 85,207,053 0.49 4,292,459 0.04 162,976,137 0.94 94,281,509 0.84 () 263,039,782 1.52 32,433,322 0.29 () 190,082,336 1.10 - - () 71,297 0.00 - - () 22,159,087 0.13 - - 5,802,350,607 33.44 2,464,311,313.00 21.98 2 F 2004 2003 % % 11,877,306,051 73.59 6,187,625,962 60.46 813,040,207 5.04 915,875,964 8.95 12,690,346,258 78.63 7,103,501,926 69.41 2004 B 2004 2003 % % 2,150,015,663 13.33 1,347,499,159 13.17 66,928,349 0.41 73,713,473 0.72 109,931,240 0.68 88,878,625 0.87 43,971,960 0.27 - -

2,412,103 0.01 - - 1,284,371 0.01 - - 1,384,321 0.01 - - 2,375,928,007 14.72 1,510,091,257 14.76 3 2004 2003 800,652,861 755,180,345 48,193,945 65,956,630 51,127,567 181,642,609 25,200 25,200 2,673,192 2,673,192 6,087,164-9,895,030 16,130,138 1,160,000 30,444,233 3,111,352 3,098,258 1,304,690 275,764,686 927,820 1,383,916 23,877,550 2,745,667 229,796 209,130 1,395,742 1,123,190 21,195,004-280,808,079-45,993,687-20,374,473-3,746,460-31,467,881-8,955,677 -

3,642,170-4,438,811-5,344,648-4,975,342-18,533,653-2,299,292-1,760,225-4: 20041231 20031231-7,000,000 1,550,000 13,500,000-62,270,000-4,500,000-16,260,000 3,811,448 1,400,000 200,000-5,561,448 104,930,000 433,800-338,900 - () 102,700-63,600-27,100-4,400-970,500-73,049,191 53,494,842 102,939,282 -

- 24,436,060-6,711,719-6,406,844-6,367,585-2,725,494 175,988,473 100,142,544-7,567,853-3,771899-1,728,593-5,620,695-7,392,619 90,259,473 32,775,640 42,507,063 39,787,830 () 2,608,370 1,067,000 25,022,051 8,852,609 68,482,194 66,879,047 487,130 - () 5,460,591-234,826,872 175,443,785 804,095,162 1,509,043,149 804,095,162 1,509,043,149 129,478,951 323,773,235 264,995 6,620,166 23,152,334 26,282,411 99,244,800 108,679,718 66,284,791 28,685,365 71,765,925 27,456,234 9,359,356 22,979,791 22,358,460 18,304,165 8,262,277 11,467,306 410,465 2,345,957 14,132,107-44,138,686-92,217 -

15,860,506-9,147,578-513,953,448 576,594,348 6,102,245 1,090,000 100,000 100,000-42,375 7,802,238 2,440,000 19,832,584-1,033,977-84,455-34,955,499 3,672,375 53,054,493 12,992,986 4,124,503 3,480,051 15,758,743 1,847,212-5,928,449 620,334 1,147,113 6,085,818-3,238,672-547,964-289,366-7,575,687-1,742,851-5,890-7,507,902-1,038,112-101,590,335 25,395,811 1997 3 5 19976

19974 7 20041231 20031231 1 2,673,000 2,673,000 1 2 2,673,000 2,673,000 2 3 2,673,000 2,673,000 3 106,929,000 109,602,000 114,948,000 117,621,000 20041231 20031231 225,900,000-19,100,000-245,000,000-2 3 364,717,160.19 4 5 20044122004 113,600102.00() 227,200,0002004 577,686.80 1200442036

45060094,572.22,123.19 94,572.26,985.1 16,298.62003 3200454.76%22.51% 39.51% 4 % 2004 2003 2004 2003 24.69 21.78 25.41 23.17 19.28 17.51 19.84 18.62 14.93 11.93 15.37 12.69 14.95 11.66 15.39 12.40 2004 2003 2004 2003 1.0654 0.8431 1.0654 0.8431 0.8319 0.6777 0.8319 0.6777 0.6444 0.4619 0.6444 0.4619 0.6452 0.4514 0.6452 0.4514 5 2004-2,199,938.82 818,835.01

-1,381,103.81 455,764.26-925,339.55 ОО