( ) 3,586, ,179, ,506, ,480, ,135, ,489, ,424, ,338, ,664, ,645, ,351,985.

000045 200045 A B 2003-004 2002 1 SHENZHEN TEXTILE (HOLDINGS) CO., LTD. STHC 2 3 518031 0755-3776043 0755-3776139 cjane@mail.china.com 4 518031 sztext@szonline.net 5 http://www.cninfo.com.cn 6 000045 200045 7 1994 8 4403011013060 44030111001108 28 5 10 1 1

( ) 3,586,741.58 1,179,932.00 22,506,567.86 89,480,613.44 4,135,574.41 7,489,164.47 17,424,212.97 2,338,283.72-23,664,919.58 39,645,514.09-37,351,985.30 1 2,338,283.72-23,664,919.58-21,326,635.86 2 1,180 25,202 2,346 2,346 567 567 - ( 2,410 ) ( )/ 2,854 ( 2,854 ) ( )/ 1,786 ( 505 ) 789 788-5,075 ( 78 ) ( 10 ) 9,444 28,199 2002 2001 2000 457, 479,654.47 343,884,245.87 381,006,058.11 1,179,932.00 25,201,666.88 22,830,952.16 746,968,561.67 735,019,073.11 725,024,562.57 304,746,621.80 303,643,973.41 278,438,053.81 0.007 0.154 0.14 2

0.138 0.142 0.14 1.865 1.858 1.70 1.81 1.79 1.61 / 0.24 0.176 0.44 0.39 8.30 8.20 % 7.39 7.98 7.85 9 % % 89480613.44 29.36 29.31 0.548 0.548 7489164.47 2.46 2.45 0.046 0.046 1179932.00 0.39 0.39 0.007 0.007 22506567.86 7.39 7.37 0.138 0.138 3 : 163416000 167884871.26 18587197.22 13260742.45-46217066.58 303643973.41 117993.20 58966.6 47220008.78 47319714.97 40890611.81 5267458.17 46217066.58 163416000 126994259.45 13437732.25 13319709.05 1002942.20 304746621.80 1 2001 2 4 1102648.39 + - 1 108 240 000 108 240 000 108 240 000 108 240 000 2 3 4 108 240 000 108 240 000 3

1 22 176 000 2 33 000 000 3 4 55 176 000 163 416 000 22 176 000 33 000 000 55 176 000 163 416 000 620 10 1988 2 10 4 1994 7 A 1300 380 B 2500 A B 1994 8 15 1995 2 22 1995 1997 16 341.6 1994 6 380 3.90 1995 2 2002 12 31 79 1 2002 12 31 19,945 1 A 11 369 B 8 575 2 2002 12 31 10 % 1 108 240 000 66.24 2 A 1 027 791 0.63 3 A 874 398 0.54 4 A 787 304 0.48 5 A 423 270 0.26 6 Victor Onward Printing & Dyeing (HK) Co., Ltd. B 370 000 0.23 7 A 253 441 0.16 8 A 217 400 0.13 9 Sun Hung Kai Investment Services Ltd-Customers A/C B 202 700 0.12 10 A 170 000 0.10 6 9 108,240,000 3 66.24% 20 10% 10% 4

55 1999.6.30 37200 37200 44 1999.6.30 0 0 59 1999.6.30 9360 9360 50 1999.6.30 30000 30000 71 1999.6.30 3060 3060 35 2002.5.28 0 0 59 1999.6.30 0 0 47 1999.6.30 0 0 40 2002.5.28 0 0 57 1999.6.30 0 0 10 8 188.4 25 29 2 20 25 5 20 1 79 20.9 2002 12 31 635 346 89 73 34 93 12 142 56 68 1 2 5

3 4 5 6 7 2001 2002 4 26 2002 5 28 7 108,354,219 66.31 % A 6 108,339,219 66.30% B 1 15,000 0.01 % 2001 1 2001 2 2001 3 2001 4 2001 5 6 7 8 9 2002 5 29 2001 6

1 2002 45,748 33% 118 2400, 2,250.7 6,180-466 35,123 916 39.3% 31.8% 4,035 361 2 2000 2002 391 5 1,780 48 150 2002 16,560 132 500 2002 864 108 160 2002 90% 626 354 2002 8.05 962 52 214 2002 98% 409 79 1000 2002 65% 511 23 168 2002 151 557 19 667 2002 14 356 154 720 2002 384 575 4 6800 2002 28 429 279 3 24.7% 14.42 % 4 1 279 2 7

3 4 1 2 3226 5000 2500 50% 1500 1200 80% 2002 12 31 74,697 1.63% 420 740 30,475 0.36% 8,948 16.8% 118 95.3% -3735 27% 2003 1 2 3 4 5 6 1 2002 3 26 5 5 2001 2001 2001 2001-71,415,733.46 2001 25,201,666.88 2001 2001-46,217,066.58 2001 16 3 5,326,454.77 40,890,611.81 2001 2002 2002 1 2 8

2002 10% 2002 10 1 2002 4 24 5 5 2002 2002 2002 A 2002 B 2002 6 21 6 6 2002 7 12 6 6 2002 2002 2002 15,676,755.48 2002 10 25 6 6 2002 2 2002 2002 1,179,932.00 2002 1,179,932.00 10% 5% 1002942.20 2002 3 17 3 26 2001 2001 4 24 7 26 10 25 2002 1 2 2002 9

3 4 1 2 1 2002 10 1400 2003 2 2 2002 7 4 251 280 249.4 100 2002 7 31 3 1060 2002 4 4 2002 9 16 630 2002 11 22 1 2 7245 2400 3 5% A B 38 12 2 10

1 82207928 2006 82237549 [2003]** : 2002 12 31 2002 12 31,, 2002 12 31 2002 12 31 2003 4 18 11

2 2002.12.31 2001.12.31 : 156,384,475.44 95,625,462.47 193,736,460.74 125,011,870.96 6,089,195.39 6,089,195.39 4,507,449.45 4,507,449.45 967,807.05 0.00 27,855,753.77 0.00 986,679.72 3,564,429.16 966,100.00 3,365,279.44 0.00 0.00 0.00 0.00 48,799,104.40 0.00 18,591,200.46 0.00 48,750,185.35 71,656,155.84 42,572,983.75 53,417,831.35 23,274,594.49 17,317,656.76 29,765,812.89 22,749,738.09 0.00 0.00 0.00 0.00 55,744,636.64 1,611,336.40 41,942,544.58 1,884,429.19 104,440.30 0.00 112,774.05 0.00 0.00 0.00 0.00 0.00 341,101,118.78 195,864,236.02 360,051,079.69 210,936,598.48 : 132,629,600.11 222,262,166.31 100,368,455.51 185,981,455.51 0.00 132,629,600.11 222,262,166.31 100,368,455.51 185,981,455.51 : 348,182,189.48 229,649,426.36 333,387,276.44 227,113,340.93 102,491,023.16 55,384,768.82 91,574,793.19 49,867,628.38 245,691,166.32 174,264,657.54 241,812,483.25 177,245,712.55 468,762.62 235,233.62 488,782.62 255,253.62 245,222,403.70 174,029,423.92 241,323,700.63 176,990,458.93 0.00 0.00 0.00 0.00 11,565,364.83 2,370,735.54 11,503,535.24 3,298,548.21 0.00 0.00 256,787,768.53 176,400,159.46 252,827,235.87 180,289,007.14 : 10,887,315.20 1,406,515.52 11,911,853.20 1,621,853.48 5,562,759.05 2,911,347.77 9,860,448.84 6,189,640.52 0.00 0.00 16,450,074.25 4,317,863.29 21,772,302.04 7,811,494.00 : 0.00 0.00 746,968,561.67 598,844,425.08 735,019,073.11 585,018,555.13 : 139,500,000.00 136,000,000.00 175,720,000.00 170,500,000.00 0.00 0.00 56,037,361.93 5,244,525.01 52,387,907.29 5,980,463.66 27,412,959.86 25,727,852.36 27,624,811.24 27,199,594.98 661,590.43 0.00 801,575.86 0.00 2,436,125.16 390,044.76 3,958,435.45 1,597,780.01 19,867,756.56 18,482,726.56 18,482,726.56 18,482,726.56 1,130,434.74 290,907.47 1,615,983.38-42,361.69 66,208.24 3,940.74 67,407.62 4,670.77 95,882,980.59 76,754,882.05 82,503,304.15 50,604,567.67 12

5,205,171.88 3,098,612.23 3,627,603.08 2,020,111.27 24,000,000.00 24,000,000.00 0.00 0.00 800,000.00 1,000,000.00 0.00 0.00 0.00 373,000,589.39 289,993,491.18 367,789,754.63 276,347,553.23 : 0.00 0.00 0.00 0.00 4,000,000.00 4,000,000.00 5,000,000.00 5,000,000.00 200,000.00 6,600,000.00 0.00 0.00 0.00 4,200,000.00 4,000,000.00 11,600,000.00 5,000,000.00 : 0.00 0.00 377,200,589.39 293,993,491.18 379,389,754.63 281,347,553.23 65,021,350.48 51,985,345.07 0.00 : 163,416,000.00 163,416,000.00 163,416,000.00 163,416,000.00 0.00 0.00 163,416,000.00 163,416,000.00 163,416,000.00 163,416,000.00 126,994,259.45 126,994,259.45 167,884,871.26 167,884,871.26 13,437,732.25 13,437,732.25 18,587,197.22 18,587,197.22 13,319,709.05 13,319,709.05 13,260,742.45 13,260,742.45 1,002,942.20 1,002,942.20-46,217,066.58-46,217,066.58-104,312.10-27,028.49 0.00 304,746,621.80 304,850,933.90 303,643,973.41 303,671,001.90 746,968,561.67 598,844,425.08 735,019,073.11 585,018,555.13 2002 2001 457,479,654.47 208,246,469.03 343,884,245.87 161,700,048.77 365,091,079.23 156,138,364.93 264,244,655.09 113,548,254.17 2,907,961.80 1,959,198.41 3,021,814.85 2,101,409.11-89,480,613.44 50,148,905.69 76,617,775.93 46,050,385.49 4,135,574.41-45,658.00 2,108,492.36 1,007,377.80 24,990,781.20 4,487,656.47 19,370,439.07 5,316,708.41 51,393,271.06 28,845,840.47 44,469,239.15 26,324,791.43 9,742,971.12 8,122,749.43 10,663,830.60 9,858,798.19-7,489,164.47 8,738,317.32 4,222,759.47 5,557,465.26-17,424,212.97 16,622,349.17 20,968,035.50 20,647,658.72 2,338,283.72 2,000,842.00 136,200.00 0.00 2,100,230.54 366,339.53 4,673,073.54 527,882.83 25,765,150.12 24,688,983.38 2,833,032.00 1,531,339.93-3,586,741.58 3,038,864.64 27,167,036.51 25,201,666.88 2,745,279.17 1,858,932.64-134,358.41 0.00 13

-338,469.59 2,099,728.04 0.00-1,179,932.00 1,179,932.00 25,201,666.88 25,201,666.88-46,217,066.58-46,217,066.58-71,418,733.46-71,418,733.46 46,217,066.58 46,217,066.58 1,179,932.00 1,179,932.00-46,217,066.58-46,217,066.58 117,993.20 117,993.20 0.00 58,996.60 58,996.60 1,002,942.20 1,002,942.20-46,217,066.58-46,217,066.58 1,002,942.20 1,002,942.20-46,217,066.58-46,217,066.58 : 1. 2. 3. 4. 5. 6. 2002 : 458,934,692.49 206,891,839.16 13,703,424.90 13,365,983.18 15,143,837.27 26,191,649.20 487,781,954.66 246,449,471.54 366,511,633.03 159,967,811.82 33,050,895.77 10,420,404.88 11,496,034.77 6,123,505.49 37,077,877.00 27,902,063.36 448,136,440.57 204,413,785.55 39,645,514.09 42,035,685.99 : 4,961,959.76 4,961,959.76 12,411,116.56 12,411,116.56 3,471,467.30 2,967,179.98 1,623,062.65 1,801,057.30 22,467,606.27 22,141,313.60 22,926,671.87 4,763,247.07 14

35,850,629.17 43,890,629.17 58,777,301.04 48,653,876.24-36,309,694.77-26,512,562.64 : 7,060,000.00 457,000,000.00 454,000,000.00 464,060,000.00 454,000,000.00 494,420,000.00 489,500,000.00 8,857,377.32 9,276,676.02 1,376,071.29 132,855.82 504,653,448.61 498,909,531.84-40,593,448.61-44,909,531.84-94,356.01-37,351,985.30-29,386,408.49 : 1. : 1,179,932.00 1,179,932.00-3,099,539.19-3,466,376.48 15,499,677.37 6,718,506.34 1,024,538.00 215,337.96 4,297,689.79 2,520,037.65 8,333.75 1,063,293.91 564,226.07-316,049.71 ( ) -255,316.47 9,742,971.12 8,122,749.43-11,632,914.50-12,513,647.64-12,406,988.42 486,384.48-5,430,226.40-8,603,584.34 40,053,265.96 47,067,436.99-338,469.59 39,645,514.09 42,035,685.99 2. : 3. : 156,384,475.44 95,625,462.47 193,736,460.74 125,011,870.96-37,351,985.30-29,386,408.49 1,289,565.88 841,298.47 2,130,864.35 1,289,565.88 841,298.47 2,130,864.35 15

36,667,108.75 2,572,826.71 148,540.73 39,091,394.73 1,596,734.05 1,362,660.18 133,204.58 2,826,189.65 35,070,374.70 1,210,166.53 15,336.15 36,265,205.08 6,563,367.27 649,473.63 2,044,577.27 5,168,263.63 48,126.63 48,126.63 20,993.53 20,993.53 3,958,498.70 219,072.32 1,331,764.11 2,845,806.91 2,535,748.41 430,401.31 643,693.00 2,322,456.72 70,371,817.32 4,950,000.00 65,421,817.32 70,371,817.32 4,950,000.00 65,421,817.32 488,782.62 20,020.00 468,762.62 488,782.62 20,020.00 468,762.62 1,289,565.88 841,298.47 2,130,864.35 1,289,565.88 841,298.47 2,130,864.35 34,985,697.41 875,636.74 35,861,334.15 34,985,697.41 875,636.74 35,861,334.15 2,535,748.41 430,401.31 643,693.00 2,322,456.72 2,535,748.41 430,401.31 643,693.00 2,322,456.72 70,371,817.32 4,950,000.00 65,421,817.32 70,371,817.32 4,950,000.00 65,421,817.32 255,253.62 20,020.00 235,233.62 255,253.62 20,020.00 235,233.62 16

3 2002 1-12 1994 4 13 1114 15 1994 N246747 2002 12 31 163,416,000.00 034 1 2 1 1 12 31 3 4 5 17

1 ( ) 2 6, 7 1, 2 3 4 8 1 2 5.00% 9 1 2 3 18

10 1 2 20.00% 20.00% 20.00%, 20.00% 20.00% 20.00%, 10 10 3 11 1 2,000.00, 2 3, 4.00% : - 35 2.74% - 40 2.40% 10 9.60% 19

8 12.00% 8 12.00% 8 12.00% 4 5 12 1 2 3 13 1 2 3 4 14 1 2 3 2 4 20

15 1 2 16 1 2 3 17 18 19 20 1 50.00%, 50.00% 21

2 13.00% 17.00% 3.00% 5.00% 5.00% 1.00% 15.00% 33.00% 1 RMB3,540,000.00 100.00% RMB2,140,000.00 100.00% RMB10,000,000.00 100.00% RMB1,600,000.00 100.00% HKD6,670,000.00 100.00% RMB7,200,000.00 100.00% RMB15,000,000.00 80.00% RMB1,680,000.00 75.00% RMB5,000,000.00 49.00% * RMB68,000,000.00 47.95% * RMB10,000,000.00 35.07% * HKD1,500,000.00 17.85% * * 50.00% 50.00% 2 RMB1,000,000.00 100.00% RMB2,000,000.00 100.00% RMB5,000,000.00 100.00% HKD10,000.00 100.00% HKD11,240,000.00 75.00% 3 22

11 12 1 (1) 331,679.02 223,148.09 379,347.09 1.06 400,969.57 302,899.25 1.06 323,160.34 34,370.51 8.27 284,595.02 38,014.51 8.27 314,798.77 1,017,243.61 861,107.20 (2) 131,573,653.39 161,398,275.81 19,049,864 1.06 20,203,573.01 14,659,614.88 1.06 15,569,319.35 429,061.55 8.27 3,550,503.94 1,812,639.53 8.27 14,997,607.68 155,327,730.34 191,965,202.84 (3) 39,501.49 910,150.70 156,384,475.44 193,736,460.74 2 8,121,524.50 5,990,660.15 2,130,864.35 5,693,330.33 4,403,764.45 1,289,565.88 98,535.24 98,535.24 --- 103,685.00 103,685.00 --- 8,220,059.74 6,089,195.39 2,130,864.35 5,797,015.33 4,507,449.45 1,289,565.88 315,935 4.22 1,333,245.70 3.01 382,281.35 525,100 8.83 4,636,633.00 5.50 1,748,583.00 160,000 7.50 1,200,000.00 8.14 --- 410,846 2.30 944,945.80 3.01 --- 1,000 4.50 4,500.00 4.50 --- 1,000 2.20 2,200.00 2.20 --- 8,121,524.50 2,130,864.35 3 JONES 2002/11/11 2003/02/11 56,567.76 JONES 2002/11/11 2003/02/11 36,467.63 JEANS 2002/11/25 2003/02/25 223,395.86 JEANS 2002/11/30 2003/02/30 249,627.35 JEANS 2002/11/30 2002/02/30 178,199.73 JEANS 2002/12/12 2003/03/12 223,548.72 967,807.05 4 23

966,100.00 966,100.00 20,579.72 --- 986,679.72 966,100.00 5 1 48,926,823.25 94.78% 2,446,341.17 19,635,288.85 97.26% 1,189,839.47 1-2 2,272,781.51 4.40% 113,639.09 111,837.74 0.55% 23,678.63 2-3 69,877.48 0.13% 17,401.55 126,470.61 0.62% 68,878.64 3 355,811.81 0.69% 248,807.84 314,337.31 1.57% 314,337.31 51,625,294.05 100.00% 2,826,189.65 20,187,934.51 100.00% 1,596,734.05 1 NEWTIMES FAR EAST DEV HK LTD 15,120,059.59 29.29% 1 NEWTIMES JONES HK LTD 12,387,424.36 23.99% 1 2,947,199.21 5.71% 1 2,187,577.78 4.24% 1 688,976.50 1.33% 1 2 30,207,903.94 162.48% 3 5.00% 5.00% 6 1 43,803,120.09 51.52% 12,724,724.97 50,431,754.26 64.95% 12,002,703.32 1-2 16,505,203.71 19.41% 843,072.79 3,305,939.64 4.26% 165,296.98 2-3 2,076,573.91 2.44% 162,073.53 357,137.00 0.46% 17,856.85 3 22,630,492.72 26.63% 22,535,333.79 23,548,527.55 30.33% 22,884,517.55 85,015,390.43 100.00% 36,265,205.08 77,643,358.45 100.00% 35,070,374.70 1 19,227,966.39 22.61% 15,793,215.06 18.58% 11,351,485.57 13.35% 6,073,487.36 7.14% 5,004,609.62 5.89% 2 3 3 5.00% 5.00% 7 24

1 17,391,148.25 74.72% 29,761,713.89 99.99% 1-2 5,883,446.24 25.28% 4,099.00 0.01% 23,274,594.49 100.00% 29,765,812.89 100.00% 1 2 5.00% 5.00% 8 14,079,488.45 --- 9,835,390.21 48,126.63 6,309,390.57 --- 2,179,888.02 20,993.53 37,268,552.36 2,845,806.91 30,782,183.17 3,958,498.70 2,041,571.02 2,322,456.72 4,636,750.26 2,535,748.41 471,592.23 --- 496,935.86 --- 742,305.64 --- 574,764.33 --- 60,912,900.27 5,168,263.63 48,505,911.85 6,563,367.27 13,802,092.06 32.91% 1 2 9 69,828.90 62,360.69 34,611.40 50,413.36 104,440.30 112,774.05 10 41,427,665.85 14,831,681.50 --- --- 41,427,665.85 14,831,681.50 129,312,606.98 55,540,135.82 35,009,019.82 7,697,875.22 156,623,751.58 50,590,135.82 170,740,272.83 70,371,817.32 35,009,019.82 7,697,875.22 198,051,417.43 65,421,817.32 1 30,000.00 --- 51,000.00 --- 12,274,497 4.00% 14,831,681.50 14,831,681.50 24,458,231 14.00% 26,544,984.35 --- 41,427,665.85 14,831,681.50 2 100.00% 10,600.00 --- 1,441,053.84 1,451,653.84 25

100.00% 200,000.00 --- 452,257.05 652,257.05 100.00% 5,000,000.00 --- -1,261,374.65 3,738,625.35 100.00% 1,150,000.00 --- -147,221.31 1,002,778.69 75.00% 6,322,500.00-447,557.00-5,279,740.70 1,042,759.30 12,683,100.00-447,557.00-4,795,025.77 7,888,074.23 50.00% 25,000,000.00-220,188.04-220,188.04 24,779,811.96 50.00% 8,906,070.41 1,007,000.00 3,019,184.64 11,925,255.05 50.00% 2,040,102.73 272,915.87 501,836.13 2,541,938.86 50.00% 2,250,296.29 20,968.09 1,256,429.44 3,506,725.73 50.00% 1,529,483.67 91,972.48 887,769.23 2,417,252.90 40.25% 2,524,500.00 20,283.42-1,088,774.18 1,435,725.82 30.00% 532,062.50 848,000.00 2,875,793.76 3,407,856.26 42,782,515.60 2,040,951.82 7,232,050.98 50,014,566.58 19.58% 1,175,000.00 --- --- 1,175,000.00 30.00% 20,783,000.00 --- --- 20,783,000.00 15.00% 2,100,000.00 --- --- 2,100,000.00 8.80% 27,262,643.30 --- -26,597,000.13 665,643.17 10.80% 16,800,000.00 --- --- 16,800,000.00 10.00% 1,349,437.00 --- -900,000.00 449,437.00 45.00% 5,491,288.71 --- --- 5,491,288.71 20.00% 2,600,000.00 --- --- 2,600,000.00 30.00% 2,737,000.00 --- 18,906.50 2,755,906.50 35.00% 7,240,625.00 --- --- 7,240,625.00 9.80% 1,500,000.00 --- --- 1,500,000.00 35.00% 21,228,350.00 --- 1,742,092.71 22,970,442.71 50.00% 2,929,000.00 --- --- 2,929,000.00 20.00% 1,707,806.40 --- --- 1,707,806.40 10.00% 5,000,000.00 --- -1,376,038.43 3,623,961.57 18.00% 1,800,000.00 --- --- 1,800,000.00 20.00% 160,000.00 --- --- 160,000.00 20.00% 524,000.00 --- --- 524,000.00 122,388,150.41 --- -27,112,039.35 95,276,111.06 3 2,666,549.70 10 1,599,929.84 266,654.97 1,333,274.87 4,223,449.70 10 2,534,069.81 422,344.97 2,111,724.84 6,889,999.40 4,133,999.65 688,999.94 3,444,999.71 4 14,831,681.50 --- --- 14,831,681.50 1,002,778.69 --- --- 1,002,778.69 13,000,000.00 --- --- 13,000,000.00 652,257.05 --- --- 652,257.05 3,250,000.00 --- --- 3,250,000.00 26

449,437.00 --- --- 449,437.00, 5,615,643.17 --- 4,950,000.00 665,643.17 2,100,000.00 --- --- 2,100,000.00, 16,800,000.00 --- --- 16,800,000.00 5,058,307.01 --- --- 5,058,307.01 2,755,906.50 --- --- 2,755,906.50, 2,929,000.00 --- --- 2,929,000.00 1,707,806.40 --- --- 1,707,806.40, 219,000.00 --- --- 219,000.00 70,371,817.32 --- 4,950,000.00 65,421,817.32 5 32,261,144.60 32.14% ( : 25,000,000.00 7,240,625.00 1,175,000.00 ) 11 256,622,174.08 3,307,529.57 2,790,022.34 257,139,681.31 --- 3,383,176.04 --- 3,383,176.04 59,375,182.26 13,360,533.22 1,312,455.46 71,423,260.02 3,600,311.42 545,149.00 2,166,053.22 1,979,407.20 7,456,918.31 631,139.00 1,066,500.00 7,021,557.31 6,332,690.37 1,454,730.48 552,313.25 7,235,107.60 333,387,276.44 22,682,257.31 7,887,344.27 348,182,189.48 55,343,248.39 7,208,153.62 13,412.08 62,537,989.93 25,786,179.53 5,845,070.74 1,232,765.95 30,398,484.32 2,588,585.92 146,770.09 2,038,901.22 696,454.79 4,049,502.00 601,400.83 778,970.00 3,871,932.83 3,807,277.35 1,698,282.09 519,398.15 4,986,161.29 91,574,793.19 15,499,677.37 4,583,447.40 102,491,023.16 488,782.62 --- 20,020.00 468,762.62 241,323,700.63 245,222,403.70 1 2,424,864.10 2 1 12 5,049,934.95 537,296.62 --- 5,587,231.57 8.41% --- 3,158,067.36 223,333.23 2,424,864.10 956,536.49 100.00% --- 3,155,052.08 452,345.64 --- 3,607,397.72 100.00% --- 140,480.85 1,273,718.20 --- 1,414,199.05 --- --- 11,503,535.24 2,486,693.69 2,424,864.10 11,565,364.83 27

13 / 2,416,511.64 79,999.80 11,825,200.00 14,321,711.44 1,621,853.48 39,999.72 10,250,000.00 11,911,853.20 215,337.96 20,000.04 789,200.00 1,024,538.00 1,406,515.52 19,999.68 9,460,800.00 10,887,315.20 6.5 1 12 1 - [1999] 003 2 14 21,488,448.95 9,860,448.84 4,297,689.79 5,562,759.05 1-2 15 91,500,000.00 175,720,000.00 48,000,000.00 --- 139,500,000.00 175,720,000.00 16 56,037,361.93 52,387,907.29 5.00% 5.00% 17 27,412,959.86 27,624,811.24 5.00% 5.00% 18 18,482,726.56 18,482,726.56 1,385,030.00 --- 19,867,756.56 18,482,726.56 28

19 607,827.57 969,358.13 286,653.86 253,234.96 100,931.94 44,469.37 56,993.64 295,272.29 38,662.88 13,290.64 39,364.85 40,357.99 1,130,434.74 1,615,983.38 20 95,882,980.59 82,503,304.15 5.00% 5.00% 3 21 964,440.63 651,416.93 3,829,596.89 2,714,084.13 411,134.36 262,102.02 5,205,171.88 3,627,603.08 22 24,000,000.00 --- 2003 1 24,000,000.00 23 800,000.00 1993/03/25-2002/12/25 9.63% 1,000,000.00 5.00% 5.00% 3 24 4,000,000.00 1998/04/13-2001/04/13 9.63% 5,000,000.00 5.00% 5.00% 3 25 200,000.00 200,000.00 29

--- 6,400,000.00 200,000.00 6,600,000.00 1 2001-1-040 200,000.00 2 [2001]165 2001 6,400,000.00 2002 4 5 26 1 108,240,000.00 --- 108,240,000.00 : 108,240,000.00 --- 108,240,000.00 --- --- --- --- --- --- --- --- --- --- --- --- 108,240,000.00 --- 108,240,000.00 2 22,176,000.00 --- 22,176,000.00 33,000,000.00 --- 33,000,000.00 --- --- --- --- --- --- 55,176,000.00 --- 55,176,000.00 3 163,416,000.00 --- 163,416,000.00 163,416,000 1.00 163,416,000.00 1995 B001 27 50,634,847.22 --- 50,634,847.22 117,250,024.04 40,890,611.81 76,359,412.23 167,884,871.26 40,890,611.81 126,994,259.45-40,890,611.81 2001 28 30

2,999,389.31 117,993.20 2,999,389.31 117,993.20 2,327,065.46 --- 2,327,065.46 --- 13,260,742.45 58,996.60 --- 13,319,739.05 18,587,197.22 176,989.80 5,326,454.77 13,437,732.25 5,326,454.77 2002 5 28 2001 29 1,179,932.00-46,217,066.58 : 46,217,066.58 : 117,993.20 : 58,996.60 1,002,942.20 46,217,066.58 2002 5 28 2001 30 1 342,587,006.63 252,635,357.71 305,416,618.65 221,914,944.88 37,170,387.98 30,720,412.83 75,541,042.70 63,263,830.34 61,922,297.01 57,799,366.89 13,618,745.69 5,464,463.45 41,599,441.57 43,454,714.50 --- --- 41,599,441.57 43,454,714.50 2,247,836.43 15,469,656.68 2,247,836.43 15,469,656.68 --- --- 457,479,654.47 343,884,245.87 365,091,079.23 264,244,655.09 92,388,575.24 79,639,590.78 2 128,176,085.65 255,518,162.98 72,403,374.14 186,817,277.74 55,772,711.51 68,700,885.24 331,551,405.25 103,835,739.57 294,935,541.52 92,897,034.03 36,615,863.73 10,938,705.54 2,247,836.43 15,469,656.68 2,247,836.43 15,469,656.68 --- --- 457,479,654.47 343,884,245.87 365,091,079.23 264,244,655.09 92,388,575.24 79,639,590.78 3 129,274,992.00 73,964,730.48 4 113,595,408.60 100,846,424.14 33.03% 38.16% WTO 31

5 31 1,284,364.07 1,638,173.20 419,394.19 680,780.64 864,969.88 957,392.56 3,430,555.88 1,266,100.31 159,951.35 115,000.51 3,270,604.53 1,151,099.80 4,714,919.95 2,904,273.51 579,345.54 795,781.15 4,135,574.41 2,108,492.36 32 9,972,890.08 12,728,566.81 1,623,062.65 2,236,109.94 17,072.40 109,307.16 --- --- 1,376,071.29 62,066.57 9,742,971.12 10,663,830.60 33-408,287.34 5,153,309.05 9,033,256.27 4,223,712.77 1,593,394.82 1,082,152.82-688,999.94-688,999.94 2,944,849.16 4,421,822.37 4,950,000.00 6,776,038.43 17,424,212.97 20,968,035.50 34 337,441.72 136,200.00 2,000,842.00 --- 2,338,283.72 136,200.00 35 336,069.71 546,143.52 1,704,388.81 1,920,759.38 58,772.02 2,070,808.40 1,000.00 135,362.24 2,100,230.54 4,673,073.54 32

36 148,479.28 1,291,982.11 873,219.87 916,867.06 24,000,000.00 --- --- 488,782.62 725,880.97 60,321.57 17,570.00 75,078.64 25,765,150.12 2,833,032.00 22,932,118.12 809.45% 24,000,000.00 2 37 2,745,279.17 1,259,641.59 --- 1,394,000.00 2,745,279.17-134,358.41 38 37,077,877.00 1 1 66,120,776.83 61.50% 12,955,838.83 61,929,294.17 70.05% 12,006,216.25 1-2 16,274,970.18 15.14% 813,748.52 3,000,000.00 3.39% 150,000.00 2-3 3,000,000.00 2.79% 150,000.00 58,038.00 0.06% 2,901.90 3 22,121,742.98 20.57% 21,941,746.80 23,416,196.59 26.50% 22,826,579.26 107,517,489.99 100.00% 35,861,334.15 88,403,528.76 100.00% 34,985,697.41 33

19,227,966.39 17.88% 15,793,215.06 14.68% 11,351,485.57 10.56% 9,250,500.00 8.60% 6,073,487.36 5.65% 2 41,376,665.85 14,831,681.50 --- --- 41,376,665.85 14,831,681.50 214,976,606.98 55,540,135.82 32,019,710.74 688,999.94 246,307,317.78 50,590,135.82 256,353,272.83 70,371,817.32 32,019,710.74 688,999.94 287,683,983.63 65,421,817.32 1 12,274,497 4.00% 14,831,681.50 --- 14,831,681.50 24,458,231 14.00% 26,544,984.35 26,544,984.35 --- 41,376,665.85 26,544,984.35 14,831,681.50 2 100.00% 5,470,000.00 521,922.10 1,545,491.32 7,015,491.32 100.00% 2,360,000.00 785,836.32 6,140,034.16 8,500,034.16 100.00% 14,623,003.00 234,082.09-5,303,382 9,319,621.00 100.00% 1,600,400.00 39,276.83 257,618.96 1,858,018.96 100.00% 3,092,307.87-1,152,731.57 196,932.97 3,289,240.84 100.00% 5,040,000.00 25,977.40 512,053.10 5,552,053.10 80.00% 6,000,000.00 --- --- 6,000,000.00 75.00% 1,260,000.00 144,035.08 583,405.32 1,843,405.32 55.00% 40,500,000.00-2,334,834.66-6,659,464.11 33,840,535.89 50.10% 5,010,000.00 167,278.67 2,932,003.84 7,942,003.84 49.00% 2,450,000.00 529,619.32 572,747.40 3,022,747.40 35.00% --- 235,674.62 1,500,414.37 1,500,414.37 87,405,710.87-803,863.80 2,277,855.33 89,683,566.20 100.00% 10,600.00 --- 1,441,053.84 1,451,653.84 100.00% 200,000.00 --- 452,257.05 652,257.05 100.00% 5,000,000.00 --- -1,261,374.65 3,738,625.35 100.00% 1,150,000.00 --- -147,221.31 1,002,778.69 75.00% 6,322,500.00-447,557.00-5,279,740.70 1,042,759.30 16,932,672.48-447,557.00-4,795,025.77 7,888,074.23 50.00% 25,000,000.00-220,188.04-220,188.04 24,779,811.96 50.00% 8,906,070.41 1,007,000.00 3,019,184.64 11,925,255.05 34

50.00% 2,040,102.73 272,915.87 501,836.13 2,541,938.86 50.00% 2,250,296.29 20,968.09 1,256,429.44 3,506,725.73 50.00% 1,529,483.67 91,972.48 887,769.23 2,417,252.90 40.25% 2,524,500.00 20,283.42-1,088,774.18 1,435,725.82 30.00% 532,062.50 848,000.00 2,875,793.76 3,407,856.26 42,782,515.60 2,040,951.82 7,232,050.98 50,014,566.58 19.58% 1,175,000.00 --- --- 1,175,000.00 30.00% 20,783,000.00 --- --- 20,783,000.00 15.00% 2,100,000.00 --- --- 2,100,000.00 8.80% 27,262,643.30 --- -26,597,000.13 665,643.17 10.80% 16,800,000.00 --- --- 16,800,000.00 10.00% 1,349,437.00 --- -900,000.00 449,437.00 45.00% 5,491,288.71 --- --- 5,491,288.71 20.00% 2,600,000.00 --- --- 2,600,000.00 30.00% 2,737,000.00 --- 18,906.50 2,755,906.50 35.00% 7,240,625.00 --- --- 7,240,625.00 9.80% 1,500,000.00 --- --- 1,500,000.00 35.00% 21,228,350.00 --- 1,742,092.71 22,970,442.71 50.00% 2,929,000.00 --- --- 2,929,000.00 20.00% 1,707,806.40 --- --- 1,707,806.40 10.00% 5,000,000.00 --- -1,376,038.43 3,623,961.57 18.00% 1,800,000.00 --- --- 1,800,000.00 20.00% 160,000.00 --- --- 160,000.00 20.00% 524,000.00 --- --- 524,000.00 122,388,150.41 --- -27,112,039.35 95,276,111.06 3 2,666,549.70 10 1,599,929.84 266,654.97 1,333,274.87 4,223,449.70 10 2,534,069.81 422,344.97 2,111,724.84 6,889,999.40 4,133,999.65 688,999.94 3,444,999.71 4 14,831,681.50 --- --- 14,831,681.50 1,002,778.69 --- --- 1,002,778.69 13,000,000.00 --- --- 13,000,000.00 652,257.05 --- --- 652,257.05 3,250,000.00 --- --- 3,250,000.00 449,437.00 --- --- 449,437.00, 5,615,643.17 --- 4,950,000.00 665,643.17 2,100,000.00 --- --- 2,100,000.00, 16,800,000.00 --- --- 16,800,000.00 5,058,307.01 --- --- 5,058,307.01 2,755,906.50 --- --- 2,755,906.50, 2,929,000.00 --- --- 2,929,000.00 1,707,806.40 --- --- 1,707,806.40, 219,000.00 --- --- 219,000.00 35

70,371,817.32 --- 4,950,000.00 65,421,817.32 3 1 176,991,443.76 132,977,989.87 156,138,364.93 113,548,254.17 20,853,078.83 19,429,735.70 31,255,025.27 28,722,058.90 --- --- 31,255,025.27 28,722,058.90 208,246,469.03 161,700,048.77 156,138,364.93 113,548,254.17 52,108,104.10 48,151,794.60 2 42,290,626.65 76,414,541.42 10,481,077.13 34,114,151.07 31,809,549.52 42,300,390.35 165,955,842.38 85,285,507.35 145,657,287.80 79,434,103.10 20,298,554.58 5,851,404.25 208,246,469.03 161,700,048.77 156,138,364.93 113,548,254.17 52,108,104.10 48,151,794.60 3 129,274,992.00 73,964,730.48 4 4-408,287.34 5,153,309.05 9,033,256.27 4,223,712.77 791,531.02 761,776.04-688,999.94-688,999.94 2,944,849.16 4,421,822.37 4,950,000.00 6,776,038.43 16,622,349.17 20,647,658.72 : 1 1 36

2 2,000,000,000.00 66.24% --- --- 2,000,000,000.00 66.24% 4,000,000.00 100.00% --- --- 4,000,000.00 100.00% (HKD) 1,500,000.00 35.00% 1,440,000.00 --- 2,940,000.00 17.85% 2,360,000.00 100.00% --- --- 2,360,000.00 100.00% --- --- 15,000,000.00 --- 15,000,000.00 80.00% 5,000,000.00 49.00% --- --- 5,000,000.00 49.00% 10,000,000.00 100.00% --- --- 10,000,000.00 100.00% 1,600,000.00 100.00% --- --- 1,600,000.00 100.00% 1,680,000.00 75.00% --- --- 1,680,000.00 75.00% (HKD) 6,670,000.00 100.00% --- --- 6,670,000.00 100.00% 7,200,000.00 100.00% --- --- 7,200,000.00 100.00% 10,000,000.00 50.10% 10,000,000.00 --- 20,000,000.00 35.07% 68,000,000.00 55.00% 10,000,000.00 --- 78,000,000.00 47.95% 3 201,151,671.60 66.24% 781,586.96 --- 201,933,258.56 66.24% 6,493,569.22 100.00% 521,922.10 --- 7,015,491.32 100.00% 1,443,309.75 35.00% 235,674.62 178,570.00 1,500,414.37 17.85% 7,714,197.84 100.00% 785,836.32 --- 8,500,034.16 100.00% --- --- 6,000,000.00 --- 6,000,000.00 80.00% 9,085,538.91 100.00% 234,082.09 --- 9,319,621.00 100.00% 1,818,742.13 100.00% 39,276.83 --- 1,858,018.96 100.00% 1,699,370.24 75.00% 144,035.08 --- 1,843,405.32 75.00% 4,441,972.41 100.00% -1,152,731.57 --- 3,289,240.84 100.00% 5,526,075.70 100.00% 25,977.40 --- 5,552,053.10 100.00% 8,772,725.17 50.10% 169,278.67 1,000,000.00 7,942,003.84 35.07% 36,175,370.55 55.00% -2,334,834.66 --- -33,840,535.89 47.95% 2,493,128.08 49.00% 442,740.28 --- 2,935,868.36 49.00% 2 3 1 ( ) 37

2 12,843,518.68 15,704,675.63 --- 2,446,067.82 46,884,960.25 26,016,905.20 210,490.71 226,672.89 77,472.30 116,282.80 458,762.50 522,300.00 3 86,450,000.00 86,450,000.00 4 2,947,199.21 --- 6,073,487.36 6,073,487.36 --- 620,649.82 3,000,000.00 3,000,000.00 930,000.00 1,240,000.00 2,674,556.36 2,674,556.36 1,060,801.77 --- --- 398,442.11 13,574,042.43 19,068,516.42 18,482,726.56 18,482,726.56 10,000,000.00 10,000,000.00 34,677,045.58 17,505,000.00 800,000.00 1,000,000.00 38

4,000,000.00 5,000,000.00 1 2002 12 31 175,720,000.00 2 4 18 19 20 22 23 15,553.42 1 3 5 6 9,495.40 820 2,332.40 C-901 C-902 170.39 1 1,032.29 3 1 537.23 8,648.90 2 2002 12 31 RMB1,400 RMB3,500 HKD3,500 2 3 4 2003 4 25 3,500 3 2,400 1 15,000,000.00 3 800,000.00 4,000,000.00 2 2003 3 1,400 3 2003 4 28 2002 2002 39

1 2 3 40