厦门创兴科技股份有限公司

600578 2004

2004... 3... 3... 3... 5... 8... 11... 12... 12... 18... 19... 21... 42 2

2004 1 2 3 4 1 BEIJING JINGNENG THERMAL POWER CO.,LTD. 2 3 10 01088990762 01088990762 E-mailjnrd@263.net 4 10 10 100041 www.jnrd.com.cn jnrd@jnrd.com.cn 5 http://www.sse.com.cn 10 6 A A A 600578 2000 3 10 10 1100001276958 110107722601879 2 708 : : 211,635,209.35 150,660,615.18 150,586,829.08 289,933,252.00 6,257,438.89 213,577,493.88 3

2004 1,023,192.55-2,965,477.08 317,534,130.54 6,646,280.45 : : 767,655.45-693,869.35 73,786.1 767,655.45 720,121.63 47,533.82 728,519.35 642,237.98, 86,281.37. : : 2004 2003 2002 (%) 1,383,676,128.48 1,190,986,430.42 16.18 1,110,115,343.50 211,635,209.35 184,448,489.74 14.74 129,062,529.77 150,660,615.18 123,473,895.57 22.02 85,788,104.91 150,586,829.08 125,229,743.68 20.25 86,878,085.08 2004 2003 2002 (%) 1,934,405,185.04 1,973,320,845.81-1.97 2,094,114,498.52 1,500,750,777.89 1,449,813,529.50 3.51 1,392,276,033.93 317,534,130.54 297,579,284.70 6.71 321,095,681.24 2004 2003 2002 (%) 0.26 0.22 18.18 0.15 % 10.04 8.52 1.52 6.16 10.03 % 8.59 1.44 6.24 0.55 0.52 5.77 0.56 0.26 0.22 18.18 0.16 0.26 0.22 22.73 0.15 0.26 0.22 22.73 0.16 % 9.56 8.49 1.07 7.09 9.55 % 8.57 0.98 7.18 2004 2003 (%) 2002 2.62 2.53 3.56 2.43 2.62 2.53 3.56 2.43 9 4

2004 : : % 19.32 18.40 0.51 0.51 14.23 13.55 0.37 0.37 10.04 9.56 0.26 0.26 10.03 9.55 0.26 0.26 : : 573,360,000.00 688,916,411.64 85,920,016.80 42,960,008.40 101,617,101.06 1,449,813,529.50 614,633.21 30,132,123.04 15,066,061.52 150,660,615.18 181,407,371.43 130,470,123.04 130,470,123.04 573,360,000.00 689,531,044.85 116,052,139.84 58,026,069.92 121,807,593.20 1,500,750,777.89 2004 20 10 614,633.21 1 : 473,360,000 473,360,000 473,360,000 473,360,000 473,360,000 473,360,000 100,000,000 100,000,000 100,000,000 100,000,000 573,360,000 573,360,000 5

2004 2 (1) : : A 2002-04-19 5.00 100,000,000 2002-05-10 100,000,000 20028 2002 4 19 10,000 A 5.00 2002 5 10 (2) 573,360,000 473,360,000 100,000,000 1 42,535 5 A 42,530 2 : ( ) (%) 0 245,440,000 42.81 0 226,560,000 39.51 0 680,000 0.12 546,184 656,184 0.11-33,243 576,456 0.10 0 540,435 0.09 0 367,200 0.06 0 340,000 0.06 0 340,000 0.06-54,500 300,000 0.05 10 10 3 1 880,000 2004 12 8 6

2004 2 3 [2004]45 2004 12 8 3 2004-12-08 2004-12-04 2004 12 4 4 100% 42.93% 4 6,000,000 1993-04-05 2003 5 ABH 656,184 A 576,456 A 540,435 A 7

2004 367,200 A 300,000 A 283,200 A 260,000 A 254,058 A 240,000 A 234,879 A 1 : 44 2003-07-28 2006-07-28 0 0 0 / 63 2003-07-28 2006-07-28 0 0 0 / 42 2003-07-28 2006-07-28 0 0 0 / 37 2003-07-28 2006-07-28 0 0 0 / 37 2003-07-28 2006-07-28 0 0 0 / 35 2003-07-28 2006-07-28 0 0 0 / 35 2003-07-28 2006-07-28 0 0 0 / 45 2003-07-28 2006-07-28 0 0 0 / 62 2003-07-28 2006-07-28 0 0 0 / 48 2003-07-28 2006-07-28 0 0 0 / 60 2003-07-28 2006-07-28 0 0 0 / 51 2003-07-28 2006-07-28 0 0 0 / 37 2003-07-28 2006-07-28 0 0 0 / 61 2003-07-28 2006-07-28 0 0 0 / 55 2003-07-28 2006-07-28 0 0 0 / 51 2003-07-28 2006-07-28 0 0 0 / 41 2003-07-28 2006-07-28 0 0 0 / 56 2003-07-28 2006-07-28 0 0 0 / 46 2003-07-28 2006-07-28 0 0 0 / 48 2003-07-28 2006-07-28 0 0 0 / 35 2003-07-28 2006-07-28 0 0 0 / 59 2003-07-28 2006-07-28 0 0 0 / 38 2003-07-28 2004-09-23 0 0 0 / (1) (2) (3) 8

2004 (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) 2 9

2004 1 2 2003 3 : : 195.44 76.33 79.75 42,000 4 5 1020 2 2030 5 3040 1 10

2004 2004 9 23 1,663 159 1 1,091 60 15 497 2 130 324 832 377 2003 1 7 7 0 0 7 6 1 0 7 6 1 0 7 6 1 0 7 7 0 0 2004 2 11

2004 1) 2) 3) 4) 5) 2004 5 20 2003 2004 6 16 2004 6 22 5 473,360,000 82.56 5 473,360,000 2003 2003 2003 2004 2004 2004 2004 2003 2004 2004 6 23 2004 12

2004 2004 52.35 882.77 2424 138,367.61 16.18 15,066.06 22.02 10.04 0.26 1 (1) 120,020.69 86.74% 87,730.99 26.90 18,298.78 13.22% 20,051.13-8.74% (2) : : (%) (%) 1,383,676,128.48 100.00 289,933,252.00 100.00 : 1,200,206,879.55 86.74 306,975,291.36 105.88 1,383,676,128.48 / 289,933,252.00 / (3) : : (%) (%) 1,200,206,879.55 86.74 306,975,291.36 105.88 182,987,840.72 13.22-17,523,447.57-6.05 481,408.21 0.04 481,408.21 0.17 : 1,200,206,879.55 86.74 289,451,843.79 105.88 1,383,676,128.48 / 289,933,252.00 / 0 (4) : : (%) (%) 1,383,676,128.48 100.00 289,933,252.00 100.00 : 1,200,206,879.55 86.74 306,975,291.36 105.88 1,383,676,128.48 / 289,933,252.00 / (5) 2004 http://www.bjstats.gov.cn/tjyl/tjgb/200501210039.htm 11.60 27.62 (6) 10% 13

2004 : : (%) 1,200,206,879.55 877,309,912.67 26.90 182,987,840.72 200,511,288.29-8.74 2 : : 384,251,301.16 67.77 1,383,676,128.48 100.00 3 1) 2004 2) 3) 21 1 2002 484,073,000 448,082,000 47,981,000 35,991,000 2 : : 484,073,000 97,731,000 484,073,000 / 97,731,000 / / 3 1) 14

2004 2003 100,089,000 97,731,000 2005 2) 2003 330,000,000 330,000,000 2003 12 102.32 2004 2005 3) 2003 33,633,000 4) 2003 20,351,000 20,351,000 4 3 90,000,000 30,078,813.69 53.09 : : 1,934,405,185.04 1,973,320,845.81-38,915,660.77-1.97 289,933,252.00 266,670,271.19 23,262,980.81 8.72 150,660,615.18 123,473,895.57 27,186,719.61 22.02 6,646,280.45-427,188,672.26 433,834,952.71 101.56 1,500,750,777.89 1,449,813,529.50 50,937,248.39 3.51 1 3892 1.97 8985 5032 2 8.72 3 22.02 1005.34 4 43383 101.56 5 1 1)2004 4 14 W2 7 13 11 15

2004 2003 2003 2003 2003 2) 2004 4 26 13 13 2004 3)2004 5 18 13 9 2003 2004 2004 2004 2004 2004 2003 2003 4) 2004 7 15 13 12 5) 2004 8 4 13 13 2004 6)2004 9 23 W2 7 13 11 : 2004 7) 2004 10 24 13 13 2004 2 2003 2003 2003 12 31 573360000 10 1.75 2003 A 2004 8 10 8 13 8 16 8 20 16

2004 2004 150,660,615.18 10 15,066,061.52 10 15,066,061.52 2003 120,528,492.14 2003 1,279,101.06 121,807,593.20 2004 12 31 573,360,000 10 2.00 114,672,000 7,135,593.20 2004 2004 12 31 2004 2005 4 6 [2003]56 2004 2004 24 20 1 2004 12 31 6,905.04 11,493.61 6,905.04 11,493.61 22004 136,120.45 136,120.45 32004 140,709.02 140,709.02 2 706 17

2004 200356 200356 2004 200356 12004 50% 2 2004 12 31 12004 4 14 W2 7 2003 2003 2002 2003 22004 4 26 7 7 2004 32004 5 18 2003 2004 2004 42004 7 15 7 7 52004 8 4 7 7 2004 62004 10 24 7 7 2004 18

2004 2002 4 19 484,073,000 1 () 299.44 / 1,200,206,879.55 100 85.1 2 97,731,000 ( ) 325,770,000 2005 2004 5 20 2003 10008.9 350MW 30 70 2003 4975 2004 7 4798.1 9773.1 2005 19

2004 2003 350MW 350MW 350MW 20 30 70 30600 30 9180 1 2 3 1) 2000 8 24 2050 8 23 63.7 2) 2000 8 24 2050 8 23 379.76 3) 2003 1 1 2005 12 31 600 4) 2004 1 1 2004 12 31 8,910,000.00 2000 12 20 9.12 131.44 27 275.9 2000 8 24 2050 8 23 2004 443.46 379.76 63.7 2002 12 600 2003 1 1 2005 12 31 2004 600 2004 891 2004 891 4 5 6 2001 3 6 15 2004 18298.78 20

2004 5% 5% 50 5 2004 12 1 [2004]229 [2004]134 [2004]45 24544 42.81 68 0.12 2005 218 2004 12 31 2004 2004 12 31 2004 2 706 21

2004 2004 12 31 : : : 1 152,998,062.54 146,351,782.09 9 120,000,000.00 59,649,000.00 - - - 10 105,692,711.57 84,183,879.74 - - - 12,561.62 4,626,928.41 2 153,793,073.22 105,507,329.53 1,505,535.36 1,422,577.44 3 115,073.03 119,200.87 780,069.11 780,069.11 4 2,207,058.13 502,508.00 11 19,844,874.75 25,954,734.69-12 461,939.39 361,078.77 5 31,101,562.08 33,516,692.62 13 14,791,291.77 29,492,257.75-14 11,609,181.16 12,080,547.98 - - - 15 40,000,000.00 210,000,000.00 340,214,829.00 285,997,513.11-314,698,164.73 428,551,073.89 427,731,000.00 379,750,000.00 6 16 91,000,000.00 70,000,000.00 427,731,000.00 379,750,000.00-22 17-27,956,242.42 24,956,242.42 7 3,245,850,442.61 3,202,146,844.71 7 2,109,831,027.71 1,901,976,272.38 118,956,242.42 94,956,242.42 7 1,136,019,414.90 1,300,170,572.33 7 3,023,889.17 7 1,132,995,525.73 1,300,170,572.33-433,654,407.15 523,507,316.31 8 33,463,830.31 7,402,760.37-18 573,360,000.00 573,360,000.00 1,166,459,356.04 1,307,573,332.70 18 573,360,000.00 573,360,000.00 19 689,531,044.85 688,916,411.64 20 116,052,139.84 85,920,016.80 20 58,026,069.92 42,960,008.40 21 121,807,593.20 101,617,101.06 114,672,000.00 100,338,000.00 1,500,750,777.89 1,449,813,529.50 1,934,405,185.04 1,973,320,845.81 1,934,405,185.04 1,973,320,845.81 : : :

2004 2004 : : : 22 1,383,676,128.48 1,190,986,430.42 23 1,077,821,200.96 910,344,444.85 23 15,921,675.52 13,971,714.38 289,933,252.00 266,670,271.19 6,257,438.89 6,313,489.01-3,498,854.45 71,866,766.35 66,577,068.92 24 10,746,430.66 15,838,678.26 213,577,493.88 187,069,158.57 25 1,023,192.55-26 1,145,754.40 38,899.56 27 4,111,231.48 2,659,568.39 211,635,209.35 184,448,489.74 60,974,594.17 60,974,594.17 150,660,615.18 123,473,895.57 101,617,101.06 68,774,384.61-252,277,716.24 192,248,280.18 15,066,061.52 12,347,389.56 15,066,061.52 12,347,389.56 - - - - 222,145,593.20 167,553,501.06 - - 100,338,000.00 65,936,400.00-21 121,807,593.20 101,617,101.06 114,672,000.00 100,338,000.00 : : : 23

2004 2004 : 24 : : 1. 1,565,573,940.57 150,660,615.18 6,621,079.01 28 5,139,974.76 221,659,700.90 1,570,713,915.33 812,630,838.44 29 134,061,412.08 253,230,866.89-471,366.82 53,256,667.38 915,908.14 1,253,179,784.79 317,534,130.54 12,344,498.00 1,023,192.55 1,926,109.22 30 3,000,000.00-1,023,192.55 (1,359,078.38-55,068,441.34-19,463,748.36 5,949,301.77 67,094,067.58 317,534,130.54 47,981,000.00 115,075,067.58-109,125,765.81 1. 321,000,000.00 321,000,000.00 409,649,000.00 113,113,084.28 2. 152,998,062.54 522,762,084.28 146,351,782.09-201,762,084.28 6,646,280.45 6,646,280.45 : : :

2004 2004 : : : 1 5,559,291.07 2,541,354.94 217.26 217.26 8,100,428.75 2 5,553,017.34 2,541,354.94-8,094,372.28 3 6,273.73 217.26 217.26 6,056.47 4 - - 5 - - 6 - - 7-1,056,052.16 - - 1,056,052.16 8 - - 9 1,056,052.16-1,056,052.16 10-11 - 12-13 - 3,023,889.17 - - 3,023,889.17 14 15 - - - 16-1,979,407.22-1,979,407.22 17-1,044,481.95-1,044,481.95 18 19 20 21 22 23 5,559,291.07 6,621,296.27 217.26 217.26 12,180,370.08 : : : 25

2004 1999 9 20 1999154 ( ) 47,336 20028 2002 4 19 10,000 57,336 1 2 1 1 12 31 3 4 5 6 (1) (2) 26

2004 5% 10% 15% 20% 7 8 A B -- C -- D 50% 50% 50% 10 10 2003 3 17 27

2004 A B -- C -- A B C 9 (1) 2,000 (2) (3) 30% (4) 28

2004 (5) 10 (1) A B (2) (3) (4) 11 1 2 3 29

2004 12 1) 2) 3) 4) 13 17% 13% 5% 7% 33% 1 7,463.66 2,681.90 152,990,598.88 146,349,100.19 152,998,062.54 146,351,782.09 2 153,793,073.22 161,887,445.50 100% 8,094,372.28 5% 111,060,346.87 100% 5,553,017.34 5% 161,887,445.50 100% 8,094,372.28 5% 111,060,346.87 100% 5,553,017.34 5% 45.77% 2004 12 5 5% 30

2004 114,936,145.50 1 100% 3 115,073.03 121,129.50 100% 6,056.47 5% 125,474.60 100% 6,273.73 5% 121,129.50 100% 6,056.47 5% 125,474.60 100% 6,273.73 5% 5 5% 4 2,207,058.13 100% 333,708.00 66.41% 168,800.00 33.59% 2,207,058.13 100% 502,508.00 100% 5 5% 339.21% 5 5,043,729.29 670,463.36 5,698,164.55 7,871,984.15 385,588.80 7,631,244.14 19,241,900.80 20,187,283.93 32,157,614.24 1,056,052.16 33,516,692.62 6 1 49,750,000.00 47,981,000.00 97,731,000.00 330,000,000.00 330,000,000.00 379,750,000.00 47,981,000.00 427,731,000.00 2-31

2004 25 97,731,000.00 30% 9,773.10 30% 2003 8 4,975 2004 7 4,798.1 3-330,000,000.00 15% 7 1,101,054,001.42 8,799,471.00 1,109,853,472.42 1,844,976,027.82 38,832,102.74 12,331,359.71 1,871,476,770.85 26,034,759.09 2,951,891.00 1,682,800.00 27,303,850.09 230,082,056.38 9,767,096.09 2,632,803.22 237,216,349.25 3,202,146,844.71 60,350,560.83 16,646,962.93 3,245,850,442.61 639,742,899.18 69,855,071.09 709,597,970.27 1,099,916,920.89 133,732,970.19 9,733,241.87 1,223,916,649.21 20,208,469.29 1,680,728.59 1,632,316.00 20,256,881.88 142,107,983.02 16,390,931.03 2,439,387.70 156,059,526.35 1,901,976,272.38 221,659,700.90 13,804,945.57 2,109,831,027.71 1,300,170,572.33 1,136,019,414.90 1,979,407.22 1,979,407.22 1,044,481.95 1,044,481.95 3,023,889.17 3,023,889.17 1,300,170,572.33 1,132,995,525.73 57,398,669.83 438,843,522.90 4,970,672.61 8 ( ) 3 240 2,367,931.04 2,367,931.04 3# 400 3,946,898.00 3,946,898.00 3# 450 4,361,926.87 4,361,926.87 3 450 3,756,076.04 3,756,076.04 32

2004 220KV 1,080 50KA 10,790,052.00 10,790,052.00 400 1,787,826.00 1,787,826.00 44.70% 418 2#G- 490 3,526,578.77 1,317,361.66 4,843,940.43 3 9,000 70,000.00 30,078,813.69 30,148,813.69 430,586.30 4,025 3,806,181.60 25,052,854.47 27,331,845.45 1,527,190.62 16,953 7,402,760.37 83,459,739.77 57,398,669.83 33,463,830.31 430,586.30 3.52 430,586.30 4.941% 9 10 120,000,000.00 59,649,000.00 120,000,000.00 59,649,000.00 105,692,711.57 5% 5% 11 12 13 13%17% 15,397,979.56 12,035,959.11 33% 1,437,772.00 13,057,653.80 7% 1,077,858.57 842,517.14 67,212.32 18,604.64 1,864,052.30 19,844,874.75 25,954,734.69 461,939.39 361,078.77 3% 461,939.39 361,078.77 14,791,291.77 5% 5% 33

2004 14 141,797.34 1 15 11,609,181.16 12,080,547.98 11,609,181.16 12,080,547.98 40,000,000.00 40,000,000.00 40,000,000.00 40,000,000.00 16 5 16 30,000,000.00 30,000,000.00 61,000,000.00 61,000,000.00 91,000,000.00 91,000,000.00 17 27,956,242.42 24,956,242.42 2004 3 3,000,000 18 473,360,000.00 473,360,000.00 100,000,000.00 100,000,000.00 573,360,000.00 573,360,000.00 19 620,072,654.06 620,072,654.06 68,843.757.58 68,843,757.58 614,633.21 614,633.21 688,916,411.64 614,633.21 689,531,044.85 614,633.21 34

2004 20 42,960,008.40 15,066,061.52 58,026,069.92 42,960,008.40 15,066,061.52 58,026,069.92 85,920,016.80 30,132,123.04 116,052,139.84 21 101,617,101.06 68,774,384.61 150,660,615.18 123,473,895.57 15,066,061.52 12,347,389.56 15,066,061.52 12,347,389.56 100,338,000.00 65,936,400.00 121,807,593.20 101,617,101.06 114,672,000.00 100,338,593.20 22 1,200,206,879.55 1,013,482,465.77 877,309,912.67 739,302,349.42 182,987,840.72 176,971,736.27 200,511,288.29 171,042,095.43 481,408.21 532,228.38 1,383,676,128.48 1,190,986,430.42 1,077,821,200.96 910,344,444.85 1,383,676,128.48 1,190,986,430.42 1,077,821,200.96 910,344,444.85 100% 23 7% 11,145,172.86 9,780,200.37 3% 4,776,502.66 4,191,514.01 15,921,675.52 13,971,714.38 24 12,344,498.00 22,478,702.36 1,598,067.34 6,640,024.10 10,746,430.66 15,838,678.26 32.15% 35

2004 25 1,023,192,55 1,023,192.55 26 27 65,836.00 15,569.96 1,079,918.40 23,329.60 1,145,754.40 38,899.56 3,023,889.17 958,564.14 2,624,568.39 105,000.00 35,000.00 20,000.00 3,778.17 4,111,231.48 2,659,568.39 28 1,598,067.34 946,253.00 850,512.82 400,000.00 373,330.00 971,811.60 5,139,974.76 36

2004 29 37,080,294.08 5,242,906.74 1,227,400.00 1,921,724.00 1,366,000.00 854,213.72 843,236.72 680,347.06 554,396.22 443,001.24 440,303.13 2,602,844.47 53,256,667.38 30 2004 3,000,000 3 1 2 880,000 880,000 100,000 100,000 6,000,000 6,000,000 3 37

2004 24,612 42.93% 24,612 42.93% 24,544 42.81% 24,544 42.81% 22,656 39.51% 22,656 39.51% 4 5 (1) 1,200,206,879.55 1,013,482,465.77 2004 10 2004 1 1 0 2004 12 31 24 2004 1 1 285.75 / 2004 6 15 315 / 5500 2004 1 1 6 15 285 / 2004 6 15 12 31 288 / (2) 7,620,264.00 19,635,800.00 (3) A 3,797,600.00 3,797,600.04 637,000.00 636,999.96 4,434,600.00 4,434,600.00 2000 12 20 275.90 285,615.2 50 2000 8 24 2050 8 23 2000 12 20 27 28,390 50 2000 8 24 2050 8 23 2000 12 20 131.44 755,441.37 50 2000 8 24 2050 8 23 38

2004 2000 12 20 9.12 52,452.50 50 2000 8 24 2050 8 23 B 6,000,000.00 6,000,000.00 2002 12 600 2003 1 1 2005 12 31 4 * 34,216,700.00 34,232,000.00 3,498,854.45 ** 1,265,000.00 1,175,000.00 35,481,700.00 38,905,854.45 * 2002 12 30 2004 15,978,700.00 15,983,000.00 2003 1 1 2005 12 31 * 2004 2,255,000.00, 2004 1 1 2004 12 31 ** 2002 0.50 5 1,000 520 480 2005 12 27 39

2004 9,000 9,000 4,320 3,000 2004 3 19 3,000 2005 3 19 6 114,936,145.50 69,050,406.87 2,242,950.00 6,976,400.00 141,797.34 1,299,237.00 77,650.80 166,580.00 1,720,167.18 822,077.98 625,000.00 587,400.00 [2004]4 1 2004 2004 73,786.10 73,786.10 2004 % 19.32% 19.44% 0.51 0.51 14.23% 14.32% 0.37 0.37 10.04% 10.10% 0.26 0.26 10.03% 10.09% 0.26 0.26 2001 1 19 9 40

2004 2001 3 20 5 9,000 2001 3 20 2001 7 20 5,000 4,000 2004 3 19 3,000 6,000 2005 3 19 2006 3 19 3,000 1 [2004]45 [2004]229 [2004]134 24,544 42.81% 68 0.12% 24,612 ( 42.93%) 2 20025 2003 10 [2003]434 2003 11 2 39.51% 226,560,000 41

2004 42