600373 2004

2004... 1... 1... 2... 4... 7... 10... 11... 12... 21... 22... 24... 65 1

2004 1 2 3 4 1 JIANXI XINXIN INDUSTRIAL CO.,LTD 2 3 2 0793-8238282-6813 0793-8222255 E-mailpenz@xxgf.com.cn 2 0793-8222958-6178 0793-8222255 E-mailzhaowhxxgf.com.cn 4 2 2 334000 http://www.xxgf.com.cn 600373@xxgf.com.cn 5 http://www.sse.com.cn 6 A A A 600373 7 1998 11 30 2003 2 19 3600001131728 362306575737X 119 8 1

2004 : : 14,227,982.27 12,540,780.92 8,924,495.46 60,245,181.31 39,714.85 10,000,401.06 4,401,073.32-173,492.11 5,474,664.36-53,834,376.90 : : 4,855,431.24 48,615.34-179,963.29 489,045.73-4,336.45-1,592,507.11 3,616,285.46 : : 2003 2002 2004 (%) 514,611,118.81 390,654,776.60 390,654,776.60 31.73 323,943,709.32 323,943,709.32 14,227,982.27 8,596,250.49 8,596,250.49 65.51 11,532,522.97 12,467,049.91 12,540,780.92 5,097,053.18 5,097,053.18 146.04 6,619,490.21 7,554,017.15 8,924,495.46 2,448,999.12 2,448,999.12 264.41 3,493,083.39 4,427,610.33 2003 2002 2004 (%) 669,932,054.25 706,050,488.27 706,050,488.27-5.12 565,925,423.27 566,859,950.21 272,042,129.21 259,335,751.10 259,335,751.10 4.90 256,905,245.19 255,089,772.13 5,474,664.36 19,203,394.06 19,203,394.06-71.49-16,306,559.93-16,306,559.93 2

2004 2003 2002 2004 (%) 0.100 0.041 0.041 0.059 0.053 0.06 % 4.61 1.97 1.97 2.64 2.58 2.96 3.28 0.94 0.94 2.34 1.36 1.74 % 0.04 0.15 0.15-0.11-0.13-0.13 0.100 0.041 0.041 0.059 0.056 0.06 0.071 0.02 0.020 0.051 0.028 0.0354 0.071 0.02 0.020 0.051 0.030 0.0377 % 4.72 1.97 1.97 2.75 2.58 3.23 3.36 0.95 0.95 2.41 1.36 1.90 % 2003 2002 2004 (%) 2.17 2.07 2.07 0.10 2.05 2.04 2.17 2.07 2.07 0.10 2.05 2.04 9 : : % 22.15 22.68 0.482 0.482 3.68 3.76 0.080 0.080 4.61 4.72 0.100 0.100 3.28 3.36 0.071 0.071 3

2004 : : 125,000,000.00 104,818,370.81 6,686,780.97 1,885,855.23 22,830,599.32 259,335,751.10 165,597.19 1,900,187.16 633,395.72 13,569,996.22 15,635,780.57 1,029,215.30 1,900,187.16 2,929,402.46 125,000,000.00 104,983,968.00 7,557,752.83 2,519,250.95 34,500,408.38 272,042,129.21 1) 2) 3) 4) 2004 1 : 1 80,000,000 80,000,000 1,495,212 1,495,212 78,504,788 78,504,788 2 3 4 80,000,000 80,000,000 1 45,000,000 45,000,000 2 3 4 45,000,000 45,000,000 125,000,000 125,000,000 4

2004 2 (1) : : A 2002-02-04 2.68 45,000,000 2002-03-04 45,000,000 20029 2002 2 4 A 4500 2.68 2002 3 4 12500 36 (2) (3) 1 20,512 6 A 20,506 2 : ( ) (%) 0 78,130,985 62.50 0 0 373,803 0.3 0 0 373,803 0.3 0 0 373,803 0.3 0 0 373,803 0.3 0 0 373,803 0.3 0 220,000 220,000 0.18 180,500 180,500 0.14 0 141,800 0.11 135,400 135,400 0.11 3 1 5

2004 13,559 2003 8 1 2 10,300 1996 1 4 1994 4 13559 62.50 47.50 40.00 12.50 1996 1 47.50 500 67.76 2002 9 2002 11 3 4 6

2004 4 5 ABH 220,000 A 180,500 A 141,800 A 135,400 A 110,000 A 110,000 A 102,201 A 98,000 A 96,000 A 87,000 A 1 : 42 2002-11-17 2005-04-29 0 0 0 35 2002-11-17 2005-04-29 0 0 0 54 2002-11-17 2005-04-29 0 0 0 34 2002-11-17 2005-04-29 0 0 0 42 2004-06-23 2005-04-29 0 0 0 42 2002-04-23 2005-04-29 0 0 0 41 2002-04-23 2005-04-29 0 0 0 37 2002-04-23 2005-04-29 0 0 0 38 2003-06-28 2005-04-29 0 0 0 7

2004 41 2002-04-30 2005-04-29 0 0 0 40 2002-04-30 2005-04-29 0 0 0 47 2002-04-30 2005-04-29 0 0 0 39 2002-11-17 2005-04-29 0 0 0 52 2002-04-30 2005-04-29 0 0 0 47 2002-10-12 2005-04-29 0 0 0 31 2004-06-15 2005-04-29 0 0 0 (1) 1962 MPA 1992 12 2002 9 2002 11 (2) 1969 2000 10 2001 11 2001 12 2002 8 2002 11 2004 5 (3) 1950 1999 2 2002 10 2002 10 (4) 1970 2001 7 2002 7 2002 10 2002 11 (5), 1962 2001 5 2002 11 2002 11 2004 6 (6) 1962 1998 11 2002 4 2004 6 (7) 1963 1993 6 1997 11 2001 9 2002 4 (8) 1967 2000 5 2001 8 2001 9 2002 1 2003 5 2004 8 2002 4 (9) 1966 2000 1 2000 7 2000 8 2001 4 2001 5 2003 6 (10) 1963 1999 4 2002 5 2002 4 11 2002 5 2004 5 2004 6 8

2004 (11) 1964 1995 1 2002 5 2002 5 2002 4 (12) 1957 1998 11 2002 4 2002 4 (13) 1965 1993 1 2001 11 2001 12 2004 11 2004 12 2002 11 (14) 1952 1983 8 1995 2000 2001 1998 11 (15) 1957 1998 11 2002 10 2002 3 2002 10 (16) 1973 1998 6 2002 10 2002 11 2004 6 2 2002-09-16 2005-09-16 2004-12-18 1 2 2002 3 : : 75 25 24 2 9

2004 4 5-10 6 1-5 10 1 ( 2004 5 22 2 2004 6 17 1,171 0 1 778 68 32 203 90 2 225 90 856 1 7 7 0 0 7 7 0 0 7 7 0 0 10

2004 2 1) 2) 3) 4) 5) 3 1) 2003 2003 2004 5 22 2003 2004 6 23 2003 2003 2004 6 23 9 6 8000 12500 11

2004 64 % 2003 2003 2003 2003 2003 2 2004 97.75 http//www.sse.com.cn 2004 6 23 2003 2003 2004 6 24 2004 51461.11 31.73 6024.52 8.09 1254.08 146.04 1 (1) (2) : : (%) (%) 367,448,085.81 71.40 44,677,617.96 73.01 52,472,461.92 10.20 4,226,946.05 6.91 94,690,571.08 18.40 12,290,644.14 20.08 : 514,611,118.81 / 61,195,208.15 / 12

2004 / / 0 (3) : : (%) (%) 14,201,409.20 2.76 1,922,080.75 3.14 225,469,023.79 43.81 23,307,933.33 38.09 224,973,037.85 43.72 29,697,776.40 48.53 27,914,015.47 5.42 3,354,865.06 5.48 22,053,632.50 4.29 2,912,552.61 4.76 : 514,611,118.81 / 61,195,208.15 / / / (4) 10% : : (%) 367,448,085.81 322,770,467.85 12.16 52,472,461.92 48,245,515.87 8.06 94,690,571.08 82,399,926.94 12.98 2 : : 449,209,597.92 87.87 172,971,617.98 33.61 3, 1 2 3 4 13

2004 5 6 1 2002 11,260.20 8,216.28 2,093.63 3,043.92 2 : : 5,667.00 5,519.09 999.30 959.40 500 5,593.20 2,697.19 11,260.20 / 8,216.28 / / 1) 5,667.00 5,519.09 2 3000 2) 500 5,593.20 2,697.19 2003 2 3000 3148.02 2518.98 2 1 7000 2005 6 3 1) 2 9,082.64 : : 669,932,054.25 706,050,488.27-36,118,434.02-5.12 60,245,181.31 55,737,854.79 4,507,326.52 8.09 12,540,780.92 5,097,053.18 7,443,727.74 146.04-53,834,376.90-1,070,646.01-52,763,730.89 4,928.21 272,042,129.21 259,335,751.10 12,706,378.11 4.90 14

2004 (1) (2) (3) (4) (5) 2004 1 1) 9 9 2003 2003 2003 2003 2 2003 2004 2004 4 16 2) 9 9 2004 2004 4 28 3) 9 9 97.75 2003 2004 5 22 4) 9 9 1. 2. 3. 4. 2004 6 17 5) 9 9 2004 2004 8 20 6) 9 9 2004 2004 10 27 7) 9 8 25 15

2004 25 11 25 2 2004 12,540,780.92 10 5 1,266,791.44 633,395.72 22,830,599.32 2004 11 24 25 1,029,215.30 34,500,408.38 2004 12500 10 0.12 1,500,000.00 2004 http://www.sse.com.cn 2005 049 2004 200356 2004 --- 2004 ---. 00 16

2004 2004 105,542.22 20031231 105,542.22 17,956,750.58 1 3,029,348.36 2 15,000.00 3 1,332,710.08 4 1,842,168.89 5 369,921.85 6 3,094,696.64 7 8,098,935.16 8 173,969.60 8,805,014.89 1 5,152,366.23 2 2,627,680.00 3 300,000.00 4 506,519.71 5 218,448.95 9,257,277.91 20041231 9,257,277.91 17

2004 2004 15,281,358.37 20031231 15,281,358.37 15,007,401.28 1 14,500,000.00 2 507,401.28 19,500,000.00 1 19,500,000.00 10,788,759.65 20041231 18

2004 2004-30,409,015.47 1 24,232,835.47 2 6,176,180.00 14,582,350.00 1 14,582,350.00 15,826,665.47 20041231 15,826,665.47 19

2004 2004 20

2004 : : 105,542.22 17,956,750.58 8,805,014.89 9,257,277.91 15,281,358.37 15,007,401.28 19,500,000.00 10,788,759.65 340,733.23 4,777,252.82 4,784,144.17 333,841.88 30,409,015.47 14,582,350.00 15,826,665.47 2004 7 20 2423.28 1458.24 965.04 2005 617.62 200356 2004 2004 12 31 2003 1 2004 4 14 2003 2003 2003 2003 2004 2004 4 16 21

2004 2 2004 8 18 2004 2004 2004 2093.63 1 1)2004 6 30 97.75 1,960.77 2,506.63-26.98 2,423.28 533.61 2004 7 22 506.60 26.43 2004 7 20 60% 22

2004 1 : : 9,151,735.69 9,257,277.91 5,000,000.00 / 9,151,735.69 9,257,277.91 / 5,000,000.00 9,151,735.69 9,257,277.91 500 1 2 3 4 5 6 5% 5% 2003 33 6 23

2004 1) ( ), 50 2004 4 16 2) 2003 2004 4 16 6 23 3) 25 2004 11 25 2005 048 2004 12 31 2004 2004 12 31 2004 119 2005 3 29 24

2004 2004 12 31 : : : 1 159,684,600.60 105,850,223.70 159,564,051.54 105,850,223.70 2 270,000.00 910,000.00 270,000.00 910,000.00 3 2,135,680.00 12,804,721.20 2,135,680.00 12,804,721.20 4.1 135,360,008.18 120,231,725.69 125,635,551.47 120,231,725.69 5.2 29,724,748.72 41,895,301.83 32,889,591.06 41,895,301.83 6 37,947,570.03 10,046,966.37 19,105,517.62 10,046,966.37 7 144,486,562.92 158,275,317.43 125,934,127.76 158,275,317.43 8 183,846.89 130,666.11 183,846.89 130,666.11 509,793,017.34 450,144,922.33 465,718,366.34 450,144,922.33 9.3 1,846,080.84 806,752.00 29,083,352.20 806,752.00 9.3 1,846,080.84 806,752.00 29,083,352.20 806,752.00 9 1,039,328.84 10 153,369,828.82 163,946,266.45 145,563,147.78 163,946,266.45 10 64,142,417.60 70,446,922.83 58,320,340.14 70,446,922.83 10 89,227,411. 93,499,343.62 87,242,807.64 93,499,343.62 10 718,293.07 231,100.38 718,293.07 231,100.38 10 88,509,118.15 93,268,243.24 86,524,514.57 93,268,243.24 11 61,748,662.05 114,477,466.33 61,748,662.05 114,477,466.33 150,257,780.20 207,745,709.57 148,273,176.62 207,745,709.57 12 41,868,986.47 9,727,253.70 9,952,161.30 9,727,253.70 13 2,284,623.42 1,507,416.65 2,284,623.42 1,507,416.65 44,153,609.89 11,234,670.35 12,236,784.72 11,234,670.35 706,050,488.27 669,932,054.25 655,311,679.88 669,932,054.25 25

2004 14 318,770,000.00 286,510,000.00 303,140,000.00 286,510,000.00 15 61,000,000.00 34,000,000.00 61,000,000.00 34,000,000.00 16 53,656,687.11 19,916,153.14 22,405,776.59 19,916,153.14 17 1,807,314.23 2,406,677.41 1,766,575.43 2,406,677.41 1,881,068.38 578,589.17 1,549,537.21 578,589.17 18 686,816.80 24,206.18 24,206.18 24,206.18 19 838,171.22 4,119,858.74 2,599,226.62 4,119,858.74 20 229,673.16 285,366.72 218,603.16 285,366.72 21 4,161,753.17 4,049,073.68 3,052,448.33 4,049,073.68 22 551,822.25 346,688.81 23 2,000,000.00 2,000,000.00 443,583,306.32 353,889,925.04 396,103,062.33 353,889,925.04 24 44,000,000.00 44,000,000.00 44,000,000.00 44,000,000.00 443,583,306.32 397,889,925.04 396,103,062.33 397,889,925.04 3,131,430.85 25 125,000,000.00 125,000,000.00 125,000,000.00 125,000,000.00 125,000,000.00 125,000,000.00 125,000,000.00 125,000,000.00 26 104,818,370.81 104,983,968.00 104,818,370.81 104,983,968.00 27 6,686,780.97 7,557,752.83 5,657,565.67 7,557,752.83 27 1,885,855.23 2,519,250.95 1,885,855.23 2,519,250.95 28 22,830,599.32 34,500,408.38 23,732,681.07 34,500,408.38 1,500,000.00 1,500,000.00 259,335,751.10 272,042,129.21 259,208,617.55 272,042,129.21 706,050,488.27 669,932,054.25 655,311,679.88 669,932,054.25 : : : 26

2004 2004 : : : 29.4 514,611,118.81 390,654,776.60 514,611,118.81 390,654,776.60 29.4 453,415,910.66 334,463,343.90 453,929,366.45 336,942,638.57 30 950,026.84 453,577.91 865,784.46 412,514.25-60,245,181.31 55,737,854.79 59,815,967.90 53,299,623.78-31 39,714.85 896,507.01 6,436.91 880,032.29 : 9,358,123.89 12,526,027.70 9,333,661.56 12,231,672.64 19,544,089.21 22,180,360.38 15,828,613.86 20,525,016.18 32 21,382,282.00 15,968,565.67 20,640,838.26 14,938,371.32-10,000,401.06 5,959,408.05 14,019,291.13 6,484,595.93-33.5 4,401,073.32-323,265.23 1,419,091.48-1,017,935.43 34 5,000,000.00 5,000,000.00 35 50,435.18 45,488.20 49,895.18 45,488.20 36 223,927.29 2,085,380.53 222,895.38 2,057,992.20-14,227,982.27 8,596,250.49 15,265,382.41 8,454,156.50 37.6 2,597,467.94 3,611,746.98 2,597,467.94 3,386,112.62-910,266.59-112,549.67 ( ) - 12,540,780.92 5,097,053.18 12,667,914.47 5,068,043.88 22,830,599.32 21,229,034.08 23,732,681.07 22,174,843.76 1,029,215.30 36,400,595.54 26,326,087.26 36,400,595.54 27,242,887.64 1,266,791.44 496,991.96 1,266,791.44 506,804.38 633,395.72 248,495.98 6 3,395.72 253,402.19 ( ) 34,500,408.38 25,580,599.32 34,500,408.38 26,482,681.07 2,750,000.00 2,750,000.00 ( - ) 28 34,500,408.38 22,830,599.32 34,500,408.38 23,732,681.07 1. 5,336,152.75 5,336,152.75 2. 3. ( ) 4. ( ) 5. 6. : : : 27

2004 2004 : : : 590,962,149.00 607,973,158.80 41,134,004.73 40,094,001.37 632,096,153.73 648,067,160.17 537,180,121.85 560,369,357.33 17,345,164.55 16,759,032.96 12,335,559.36 11,570,186.02 38 59,760,643.61 58,720,640.25 626,621,489.37 647,419,216.56 5,474,664.36 647,943.61 15,962,684.36 16,052,350.00 14,492,684.36 108,615.34 108,615.34 162,547.41 110,451.41 16,233,847.11 16,271,416.75 66,037,153.30 65,951,507.49 3,900,636.72 3,900,636.72 1,790,636.72 69,937,790.02 69,852,144.21-53,703,942.91-53,580,727.46 381,656,000.00 374,446,000.00 596,134.46 595,515.00 382,252,134.46 375,041,515.00 367,916,000.00 357,286,000.00 19,022,514.03 17,619,783.14 918,718.78 916,775.85 387,857,232.81 375,822,558.99-5,605,098.35-781,043.99-53,834,376.90-53,713,827.84 28

2004 1 12,540,780.92 12,667,914.47 ( - ) -910,266.59 6,562,123.46 3,922,064.12 8,130,963.50 7,797,129.32 726,503.55 224,907.60 777,206.77 777,206.77 53,180.78 53,180.78-551,822.25-551,822.25 480,721.51 480,721.51 (: ) 18,682,487.73 17,941,043.99-4,401,073.32-1,419,091.48-14,504,577.99-22,449,563.46 ( ) -3,798,121.30 12,166,922.31 ( ) -18,313,442.41-30,962,670.07 5,474,664.36 647,943.61 2 165,597.19 137,301.75 3 105,850,223.70 105,850,223.70 159,684,600.60 159,564,051.54-53,834,376.90-53,713,827.84 : : : 29

2004 2004 : : : 18,398,172.39 6,333,492.67 226,484.48 226,484.48 24,505,180.58 14,492,445.75 3,878,422.51 18,370,868.26 3,905,726.64 2,455,070.16 226,484.48 226,484.48 6,134,312.32 467,680.82 717,676.52 1,853.04 1,853.04 1,183,504.30 138,145.52 717,676.52 855,822.04 329,535.30 1,853.04 1,853.04 327,682.26 718,293.07 487,192.69 487,192.69 231,100.38 118,532.95 118,532.95 118,532.95 418,726.65 187,626.27 187,626.27 231,100.38 181,033.47 181,033.47 181,033.47 19,584,146.28 7,051,169.19 489,045.73 226,484.48 25,919,785.26 : : : 30

2004 2004 : : : 16,584,358.32 8,139,497.96 218,675.70 218,675.70 24,505,180.58 12,547,466.43 5,823,401.83 18,370,868.26 4,036,891.89 2,316,096.13 218,675.70 218,675.70 6,134,312.32 342,130.32 843,227.02 1,853.04 1,853.04 1,183,504.30 138,145.52 717,676.52 855,822.04 203,984.80 125,550.50 1,853.04 1,853.04 327,682.26 718,293.07 487,192.69 487,192.69 231,100.38 118,532.95 118,532.95 118,532.95 418,726.65 187,626.27 187,626.27 231,100.38 181,033.47 181,033.47 181,033.47 17,644,781.71 8,982,724.98 489,045.73 218,675.70 25,919,785.26 : : : 31

2004 2004 : : : 125,000,000.00 125,000,000.00 125,000,000.00 125,000,000.00 104,818,370.81 104,734,918.08 165,597.19 83,452.73 104,983,968.00 104,818,370.81 4,800,925.74 4,303,933.78 1,266,791.44 496,991.96 1,266,791.44 496,991.96 1,029,215.30 1,029,215.30 5,038,501.88 4,800,925.74 32

2004 5,038,501.88 4,800,925.74 1,885,855.23 1,637,359.25 633,395.72 248,495.98 633,395.72 248,495.98 2,519,250.95 1,885,855.23 22,830,599.32 21,229,034.08-12,540,780.92 5,097,053.18 1,029,215.30 1,900,187.16 3,495,487.94-34,500,408.38 22,830,599.32 : : : 2004 : : : 1 - -1,822,671.22 2 94,091,595.19 752,417.26 3 83,740,864.13 7,503,411.80 1,976,626.18 4 - -27,259.60 1-172,301.28 2-9,280,477.10 3 7,503,411.80 4-1,949,366.58 : : : 33

2004 1 : 1998 11 26 [1998]05 2004 8 1998 11 30 12,500 3600001131728 2 2 : 1998 3 31 [1998]182 10,450.80 50 10,700.80 10.74760765 8,000 1999 11 23 4,500 1.00 2002 1 21 [2002]9 2002 1 29 2002 2 4 4,500 2.68 2002 3 4 4,500, 600373 12,500 8,000 64% 4,500 36% 3 4 1 2 1 1 12 31 34

2004 3 4 5 6 7 1 A B 6% 10% 15% 30% 60% 100% 2 A B 3 A 35

2004 B, C 4 A B (A) (B) 5 6 3 7 8 9 36

2004 10 1 2 3 4 11 1 2 20% 20% 20% 20% 20% 20% 50% 50% 50% 12 1 2000 2 3 3 () (%) 10-40 2.43-9.7 12-14 6.93-8.08 10-12 8.08-9.7 8-12 8.08-12.13 8-12 8.08-12.13 10 9.7 5 19.4 37

2004 13 14 1 2 10 15 1 2 5 16 (1) (2) (3) = 17 38

2004 18 19 1 10% 2 5% 3 20 [1995]11 1 17% 2 5% 3 : 5% 4 7 3 5 33% 1 2004.12.31 2003.12.31 5,000.00-74,546.21 102,894,770.18-150,592,175.70 39

2004 : 73.64 609.49 73.61 609.25 2,950,453.52-9,017,878.69 105,850,223.70-159,684,600.60 ========= ====================== ========= ======================= (1) 33.71% (2) 2 2004.12.31 2003.12.31 910,000.00 270,000.00 910,000.00-270,000.00 - ================ ===== ============== ===== 3 2004.12.31 2003.12.31 12,804,721.20 2,135,680.00 12,804,721.20 2,135,680.00 ===================== =================== 4 2004.12.31 2003.12.31 % % 1 72,363,731.73 52.21 4,341,823.90 95,600,314.14 63.80 5,736,018.84 1-2 25,313,258.33 18.26 2,531,325.83 33,473,656.46 22.34 3,347,365.65 2-3 23,092,475.65 16.66 3,463,871.35 14,436,163.44 9.63 2,165,424.51 3-4 12,259,915.36 8.85 3,677,974.61 3,448,771.03 2.30 1,034,631.31 4-5 3,043,350.77 2.20 1,826,010.46 1,711,358.56 1.14 1,026,815.14 5 2,529,862.11 1.82 2,529,862.11 1,182,190.30 0.79 1,182,190.30 138,602,593.95 100.00 18,370,868.26 149,852,453.93 100.00 14,492,445.75 ====================== ========== ==================== ====================== ========== ===================== (1) 5% 40

2004 (2) 45,540,844.00 32.86% 5 2004.12.31 2003.12.31 % % 1 28,943,440.96 60.26 1,736,606.46 21,425,502.58 63.71 1,285,530.16 1-2 10,913,019.61 22.72 1,091,301.96 5,217,898.67 15.52 521,789.87 2-3 2,162,580.65 4.50 324,387.10 4,313,937.19 12.83 647,090.58 3-4 3,616,686.00 7.53 1,085,005.80 1,526,639.81 4.54 457,991.94 4-5 1,242,189.82 2.59 745,313.89 382,932.54 1.14 229,759.52 5 1,151,697.11 2.40 1,151,697.11 763,564.57 2.26 763,564.57 48,029,614.15 100.00 6,134,312.32 33,630,475.36 100.00 3,905,726.64 ===================== ========== =================== ==================== ========== =================== (1) 5% 9,257,277.91 (2) 10,788,759.65 (3) 38,574,746.86 80.31% (4) 42.82% 6 2004.12.31 2003.12.31 % % 1 8,358,426.20 83.19 34,823,486.72 91.76 1-2 656,411.94 6.53 1,990,412.92 5.25 2-3 261,043.11 2.60 222,382.88 0.59 3 771,085.12 7.68 911,287.51 2.40 10,046,966.37 100.00 37,947,570.03 100.00 ==================== ========= ===================== ========= (1) 5% (2) 41

2004 7 2004.12.31 2003.12.31 45,285,018.93 327,682.26 55,832,783.18 329,535.30 48,681,234.09-38,182,199.21-65,128,864.04 855,822.04 51,096,188.60 138,145.52 537,421.18-495,227.87 - -173,716.51 - -652,155.12-159,458,821.73 1,183,504.30 144,954,243.74 467,680.82 ====================== =================== ======================= ================ (1) (2), 8 2004.12.31 2003.12.31 130,666.11 183,846.89 130,666.11 183,846.89 2005 9 (1) ================ =============== 2003.12.31 2004.12.31 806,752.00 - - 806,752.00 1,039,328.84 4,365.93 1,043,694.77-1,846,080.84 4,365.93 1,043,694.77 806,752.00 =================== ============= =================== ================ 42

2004 (2) 2003.12.31 2004.12.31 30,000.00 30,000.00 30,000.00 3.00% - 500,000.00 776,752.00 776,752.00 0.0205% - 530,000.00 806,752.00 806,752.00 - - =============== ================ ================ ============= 1998 (3) 2003.12.31 2004.12.31 3,035,741.30 1,039,328.84 4,365.93 1,043,694.77 3,035,741.30 - =================== ================== ============= =================== =================== == 1998 2004 12 25 2 10 (1) 2003.12.31 2004.12.31 70,850,115.48 2,923,777.86-73,773,893.34 38,239,531.27 8,194,105.68 1,723,535.72 44,710,101.23 3,441,668.91 140,737.81-3,582,406.72 33,788,069.36 494,964.49 273,170.00 34,009,863.85 5,056,361.62 1,515,661.61 735,205.67 5,836,817.56 973,646.00 26,801.67-1,000,447.67 1,020,436.18 12,299.90-1,032,736.08 153,369,828.82 ====================== 13,308,349.02 ===================== 2,731,911.39 =================== 163,946,266.45 ====================== (2) 2003.12.31 2004.12.31 43

2004 20,468,715.98 2,059,226.50 22,527,942.48 20,827,351.28 2,744,848.47 1,407,663.02 22,164,536.73 1,329,145.08 182,956.99 1,512,102.07 18,614,816.29 2,464,897.73 70,543.73 21,009,170.29 1,901,768.50 408,404.70 348,251.52 1,961,921.68 495,020.58 96,982.48 592,003.06 505,599.89 173,646.63 679,246.52 64,142,417.60 ==================== 8,130,963.50 =================== 1,826,458.27 =================== 70,446,922.83 ==================== (3) 89,227,411.22 93,499,343.62 (4) 718,293.07 487,192.69 231,100.38 (5) 88,509,118.15 93,268,243.24 ===================== ===================== (1) -- 243.42 200645 200654 (2) 9,397,236.09 (3) 11 2003.12.31 ( ) 2004.12.31 3 800 7,128,965.84 2,268,270.25 9,397,236.09 2 9,107.5 1,237,836.21 18,256,654.42 19,494,490.63 : - 182,853.63 182,853.63 346,860.00 85,840.00 432,700.00 53,035,000.00 39,686,544.10 92,721,544.10-1,275,750.00 1,275,750.00-552,981.60 552,981.60 61,748,662.05 62,126,040.37 9,397,236.09-114,477,466.33 ===================== ==================== =================== ==== ====================== 44

2004 (1), 985 82,121,544.10 75 (2) 500,309.38m 2 [ : (2003 002-1 12 )], 205,725.64 m 2 4,137,040.00 [ : (2003 002-8 12 )] 12 2003.12.31 2004.12.31 11,245,380.00 9,952,161.30 224,907.60 1,518,126.30 9,727,253.70 43.25 293,687.00 55,264.35 55,264.35 293,687.00-911,453.65 183,954.48 183,954.48 911,453.65-20,280,000.00 20,062,714.29 144,857.14 362,142.85 19,917,857.15-11,751,998.70 11,614,892.05 117,519.98 254,626.63 11,497,372.07-44,482,519.35 ================= 41,868,986.47 ================= - ==== 726,503.55 ============== 3,340,036.43 ================ 31,415,229.22 ================= 9,727,253.70 ================= (1) 2 990055 13,926.70m 2 3,487,942 (2) (3) 1 13 2003.12.31 2004.12.31 760,664.57 2,264.25 2,264.25 760,664.57-5 1,440,000.00 504,000.00 144,000.00 1,080,000.00 360,000.00 10 220,046.54 160,430.17 44,009.10 103,625.47 116,421.07 5 975,201.99 539,219.50 195,040.32 631,022.81 344,179.18 5 1,884,466.09 1,078,709.50 391,893.10 1,197,649.69 686,816.40 5 5,280,379.19 2,284,623.42-777,206.77 3,772,962.54 1,507,416.65 =================== =================== ==== ================ =================== =================== 45

2004 14 2004.12.31 2003.12.31 257,488,300.00 289,748,300.00 29,021,700.00 29,021,700.00 286,510,000.00 318,770,000.00 1 28,651 ====================== ====================== 2 7,575,827.83 11,626 3 2,902.17 13,926.70 m 2 3,487,942 990055 205,725.64 m 2 4,137,040.00 [ (2003)002-8 12] 243.42 200645200654 4 15 2004.12.31 2003.12.31 34,000,000.00 61,000,000.00 34,000,000.00 61,000,000.00 ==================== ===================== (1) 5% (2)2005 34,000,000.00 (3) 44.26% 16 2004.12.31 2003.12.31 % % 1 18,706,533.79 93.92 50,714,836.38 94.52 1-2 533,624.22 2.68 1,795,750.30 3.35 2-3 415,414.52 2.09 151,150.62 0.28 3 260,580.61 1.31 994,949.81 1.85 19,916,153.14 100.00 53,656,687.11 100.00 ==================== ========= ==================== ========= (1) 5% 46

2004 (2) 62.88% 17 2004.12.31 2003.12.31 % % 1 2,234,709.15 92.85 1,539,784.93 85.20 1-2 42,998.35 1.79 102,018.58 5.64 2-3 29,097.59 1.21 43,903.47 2.43 3 99,872.32 4.15 121,607.25 6.73 2,406,677.41 100.00 1,807,314.23 100.00 =================== ========= =================== ========= (1) 5% (2) 33.16% 18 2004.12.31 2003.12.31-662,610.62 24,206.18 24,206.18 24,206.18 686,816.80 ============== ================ 19 2004.12.31 2003.12.31 1,949,366.58-1,650,369.94 375.00 750,00-1,068.37 8,099.62 315,364.56 185,412.82 1,732,337.56 2,099,256.09 89,537.50 142,446.26 26,462.46 52,576.37 7,483.45-4,119,858.74 838,171.22 =================== ================ : 391.53% 47

2004 20 2004.12.31 2003.12.31 285,366.72 229,673.16 3% 285,366.72 229,673.16 ================ ================ 21 2004.12.31 2003.12.31 % % 1 3,214,887.68 79.40 3,670,635.95 88.20 1-2 751,056.57 18.55 88,684.78 2.13 2-3 54,906.48 1.35 177,468.00 4.26 3 28,222.95 0.70 224,964.44 5.41 4,049,073.68 100.00 4,161,753.17 100.00 =================== ========= =================== ========= 5% 22 2004.12.31 2003.12.31-346,688.81-205,133.44-551,822.25 ==== ================= 23 2004.12.31 2003.12.31 2,000,000.00-2,000,000.00 - =================== ==== 48

2004 24 2004.12.31 2003.12.31 44,000,000.00-44,000,000.00-1 ===================== ==== 2 4,600 3 4 25 2003.12.31 2004.12.31 (1) 80,000,000 80,000,000 80,000,000 80,000,000 : 1,495,212 1,495,212 78,130,985 78,130,985 373,803 373,803 (2) 45,000,000 45,000,000 45,000,000 45,000,000 125,000,000 - - 125,000,000 ================ ===== ===== ================= 26 2003.12.31 2004.12.31 104,661,491.51 104,661,491.51 156,879.30 165,597.19 322,476.49 104,818,370.81 165,597.19-104,983,968.00 ===================== =============== ===== ====================== 49

2004 27 2003.12.31 2004.12.31 4,800,925.74 1,266,791.44 1,029,215.30 5,038,501.88 1,885,855.23 633,395.72-2,519,250.95 6,686,780.97 1,900,187.16 1,029,215.30 7,557,752.83 =================== =================== =================== =================== 28 2004.12.31 2003.12.31 22,830,599.32 21,229,034.08 12,540,780.92 5,097,053.18 1,029,215.30-1,266,791.44 496,991.96 633,395.72 248,495.98-2,750,000.00 - - 34,500,408.38 22,830,599.32 : 1,500,000.00 - ==================== ==================== : (1) 2 (2) 2005 3 29 10 0.12 ( )150 29 2004 2003 94,690,571.08 82,399,926.94 97,227,853.10 79,976,517.48 367,448,085.81 322,770,467.85 274,526,570.43 237,849,369.66 52,472,461.92 48,245,515.87 18,900,353.07 16,637,456.76 514,611,118.81 453,415,910.66 390,654,776.60 334,463,343.90 ====================== ====================== ====================== ====================== 50

2004 (1)2004 172,971,617.98,2004 33.61% (2) 2004 2003 31.73%35.57% 30 2004 2003 654,163.96 302,950.18 15,506.91 20,791.93 280,355.97 129,835.80 950,026.84 453,577.91 ================ ================ 2004 2003 109.45% 31 2004 2003 8,004,496.14 7,761,355.13 3,294,934.35 5,510,954.07 4,396,947.05 2,178,083.74 312,614.74 72,317.32 7,964,781.29 6,864,848.12 3,404,893.93 4,661,101.20 4,411,775.74 2,178,083.92 148,111.62 25,663.00 39,714.85 896,507.01 =============== ================ 2004 2003 168.27% 51

2004 32 2004 2003 21,059,697.68 16,656,904.94 563,963.61 766,990.54-2,432.96 32,170.85-918,718.78 76,218.31 21,382,282.00 15,968,565.67 ==================== =================== 2004 2003 33 2004 2003 48,615.34 1,717.65-6,460.00 5,336,152.75 - -983,694.77-331,442.88 60,000.00 15,000.00-1,043,694.77-346,442.88 4,401,073.32-323,265.23 =================== ================== (1) 2004 2003 1 (2) 34 2004 2003-5,000,000.00-5,000,000.00 === =================== 52

2004 2003 2003 6 26 [ (2003)152 ] 2003 35 2004 2003 6,366.18 33,970.60 44,069.00 11,517.60 50,435.18 45,488.20 36 ============== ============== 2004 2003 76,032.29 12,154.40 487,087.69 1,478,601.23-487,192.69-1,372,108.61 30,000.00 20,000.00 118,000.00 1,946,733.51 223,927.29 2,085,380.53 ================ =================== (1)2003 1,905,522.40 (2) 2004 37 2004 2003 2,597,467.94 3,611,746.98 =================== ================== 2004 2003 28.08% 53

2004 38 2004 460,880.86 7,737,111.38 6,005,377.72 224,032.29 45,333,241.36 59,760,643.61 ===================== 39 2004 14,582,350.00 89,665.64 14,492,684.36 ====================== 40 2004 1,800,000.00 9,363.28 1,790,636.72 =================== 54

2004 1 2004.12.31 2003.12.31 % % 1 72,363,731.73 52.21 4,341,823.90 91,627,655.14 66.32 5,497,659.31 1-2 25,313,258.33 18.26 2,531,325.83 32,917,924.61 23.82 3,291,792.46 2-3 23,092,475.65 16.66 3,463,871.35 9,552,915.49 6.91 1,432,937.32 3-4 12,259,915.36 8.85 3,677,974.61 1,856,650.08 1.34 556,995.02 4-5 3,043,350.77 2.20 1,826,010.46 1,149,475.66 0.83 689,685.40 5 2,529,862.11 1.82 2,529,862.11 1,078,396.92 0.78 1,078,396.92 138,602,593.95 100.00 18,370,868.26 138,183,017.90 100.00 12,547,466.43 ====================== ========= ==================== ================== ======= ================= (1) 5% (2) 45,540,844.00 32.86% 2 2004.12.31 2003.12.31 % % 1 28,943,440.96 60.26 1,736,606.46 25,239,241.60 68.35 1,514,354.50 1-2 10,913,019.61 22.72 1,091,301.96 5,142,514.15 13.93 514,251.41 2-3 2,162,580.65 4.50 324,387.10 4,012,483.19 10.86 601,872.48 3-4 3,616,686.00 7.53 1,085,005.80 1,394,529.11 3.78 418,358.73 4-5 1,242,189.82 2.59 745,313.89 374,150.33 1.01 224,490.20 5 1,151,697.11 2.40 1,151,697.11 763,564.57 2.07 763,564.57 48,029,614.15 100.00 6,134,312.32 36,926,482.95 100.00 4,036,891.89 ==================== ====== =============== ================= ======= ================ (1) 5% 9,257,277.91 (2) 10,788,759.65 (3) 38,574,746.86 80.31% (4) 30.07% 55

2004 3 2003.12.31 30,000 30,000.00 500,000 776,752.00 15 6,252,000 9,110,103.74 28,295.44 1,800,000.00 10 19,550,000 19,166,496.46 26,332,000 29,083,352.20 28,295.44 1,800,000.00 - ================ ==================== ============== ================== ===== 2004.12.31 30,000.00 3.00% - 776,752.00 0.0205% 2,712,168.10 1,043,694.77 7,182,536.31-269,813.74 18,896,682.72 - - - - 2,981,981.84 1,043,694.77 18,896,682.72 7,182,536.31 806,752.00 - =================== =================== ==================== =================== ================ (1) 2004 12 180 25 2 (2) 2004 7 1 4 2004 2003 94,690,571.08 82,913,382.73 97,227,853.10 82,455,812.15 367,448,085.81 322,770,467.85 274,526,570.43 237,849,369.66 52,472,461.92 48,245,515.87 18,900,353.07 16,637,456.76 514,611,118.81 453,929,366.45 390,654,776.60 336,942,638.57 ====================== ====================== ====================== ====================== 56

2004 (1)2004 115,960,950.00,2004 29.68% (2) 2004 2003 31.73%34.72% 5 2004 2003 48,615.34 1,717.65-6,460.00 5,336,152.75 - -3,965,676.61-1,026,113.08 60,000.00 15,000.00-4,025,676.61-1,041,113.08 1,419,091.48-1,017,935.43 =================== ==================== 1 6 2004 2003 17,043,104.19 10,260,947.32 1,194,916.18-15,848,188.01 10,260,947.32 33% 33% 5,229,902.04 3,386,112.62 2,632,434.10-2,597,467.94 3,386,112.62 =================== ================== (1) 2004 7 26 2004133 2003 50 1,194,916.18 57

2004 (2) 2004 12 14 2004298 390.50 2004 2,632,434.10 2005 1 369 12 369 2 2 2003.12.31 2004.12.31 2,800 10,759-13,559 10,300-10,300 593.60-593.60-2,000 - - 2,000 3 2003.12.31 2004.12.31 % % % % 78,130,985 62.50 - - - - 78,130,985 62.50 445.20 75.00 148.40 25.00 593.60 100.00 - - 1,955 97.75 1,955 97.75 - - 58

2004 4 1 A ( ) 2004 2003 5,152,366.23 4,167,819.05 3,029,348.36 3,259,185.88 4,329,460.84 4,606,558.71 94,606.61 31,099.94 B ( ) 2004 2003 15,000.00 15,000.00 24,232,835.47-506,519.71 626,865.61 300,000.00 600,000.00 2,627,680.00 2,358,720.00-500,000.00 1,800,000.00 - C 2 2004.12.31 2003.12.31 9,257,277.91 105,542.22 10,788,759.65 15,281,358.37 -- 333,841.88 340,733.23-15,826,665.47-59

2004 3 7,575 827.83 11,626 4,600 4 1998 12 16 1998 12 1 425 1.5 1998 12 2 1998 12 1 113,208.70 60 2004 6 10 30 1998 12 2 : 50 10 0.50 / 76 / 0.10 / 2004 4 14 1998 12 2 1998 12 1 2607.60 1392.40 60

2004 1 2004 5 20 2004 6 23 2003 97.75% 2004 7 20 97.75% 2004 60 2005 2003 12 31 2004 5 18 25,066,648.80 2004 1 1 6 30 276,024.28 2004 6 30 24,790,624.52 24,790,624.52 *97.75%24,232,835.47 2004 6 12 2004 2004 6 30 18,896,682.72 24,232,835.47 5,336,152.75 2004 12 31 14,582,350.00 2004 6 30 2003 12 31 49,130,313.06 49,406,337.34 17,452,899.64 17,452,625.54 89,665.64 86,891.54 17,360,000.00 17,360,000.00 - - 262,184.20 276,105.46 31,415,229.22 31,677,606.34 29,798,668.33 29,798,668.33 29,798,668.33 29,798,668.33 23,519,918.70 23,519,918.70 6,278,749.63 6,278,749.63 - - 19,331,644.73 19,607,669.01 61

2004 2004 1-6 2003 - - - - -276.024.28-392,330.99-276.024.28-392,330.99 - - -276.024.28-392,330.99 2003 2003 2004 1-6 2004 2004 6 30 2004 2 2004 11 24 25 2004 10 31 180 2004 11 24 25, 2004 11 30 32,465,582.89 25,283,046.58 7,182,536.31 180 25 1,795,634.07 4,365.93 2004 11 30 721,756.20 2004 11 30 2003 12 31 32,465,582.89 34,828,006.01 31,043,447.88 32,880,289.06 9,363.28 33,657.52 16,982,340.04 9,724,456.71 2,899,093.14 2,635,032.86 545,201.73 1,691,269.56 10,607,449.69 18,795,872.41 - - 1,422,135.01 1,708,498.12-239,218.83 62

2004 25,283,046.58 24,066,972.81 25,283,046.58 24,066,972.81 12,210,000.00 15,630,000.00 11,592,595.48 7,940,208.97-2,804.63-1.761,055.40 186,579.74 1,006,735.21 - - 7,182,536.31 10,761,033.20 1,372,287.07 1,372,287.07 2004 1-11 2003 25,567,083.84 22,172,835.49 57,066.70 2,729,252.25-3,615,732.24-161,866.19-3,616,224.15-189,254.52 - - -3,616,224.15-414,888.88 2003 2003 2004 1-11 2004 2004 11 30 2005 3 29 10 0.12 ( )150 2003 1,048.508 1,405.665 2004 12 31 985 420.665 500,309.38m 2 [ : (2003 002-1 12 )] 63

2004 1 % 2004 2003 22.15 22.68 21.49 21.56 3.68 3.76 2.30 2.30 4.61 4.72 1.97 1.97 3.28 3.36 0.94 0.95 2 / 2004 2003 0.482 0.482 0.446 0.446 0.080 0.080 0.048 0.048 0.100 0.100 0.041 0.041 0.071 0.071 0.020 0.020 3 2004 2003 4,855,431.24-1,444,630.63-5,000,000.00 48,615.34 8,177.65-179,963.29-1,967,370.31 489,045.73 1,645,308.88-4,336.45-99,542.11-1,592,507.11-493,889.42 3,616,285.46 2,648,054.06 =================== =================== 64

2005 3 29 2004 65