Xinjiang Ba Yi Iron & Steel Co.,Ltd. ( ) 2005

Xinjiang Ba Yi Iron & Steel Co.,Ltd. ( ) 2005

(600581)2005 1,, : 1 2 3 5 8 11 13 14 22 23 26 56 2005

(600581)2005 ( ) Xinjiang Ba Yi Iron & Steel Co.,Ltd. ( ) ( ) 0991-3890166 3881187 3892225 0991-3890266 chenht1@bygt.com.cn fanyan@bygt.com.cn ( ) 830022 http://www.bygt.com.cn gfgs@bygt.com.cn ( ) http://www.sse.com.cn ( ) 600581 ( ) 2000 7 27 2004 6 7 6500001000898 650106722318862 12 2

(600581)2005 ( ) ( ) 273,434,641.92 245,175,194.69 257,009,062.11 812,127,180.67 22,449,495.38 287,332,313.58-154,092.92 - -13,743,578.74-632,611,145.71-450,111,527.58 : -11,833,867.42-154,092.92-12,463,248.22-1,280,330.52 2,063,804.24 ( ) ( ) 2005 2004 (%) 2003 7,813,419,397.34 6,537,792,271.99 19.51 4,756,536,882.66 273,434,641.92 535,375,438.96-48.93 386,524,420.88 245,175,194.69 437,051,526.97-43.90 321,426,419.55 257,009,062.11 441,532,026.69-41.79 333,148,353.31-632,611,145.71 99,071,854.04-738.54 1,133,896,591.69 5,468,079,340.27 4,582,081,783.74 19.34 3,320,746,928.27 2,384,585,910.82 2,316,277,907.81 2.95 1,977,489,064.84 0.42 0.74-43.24 0.65 4.04 3.93 2.80 4.02 4.04 3.93 2.80 4.02-1.07 0.17-729.41 2.31 10.28 18.87 8.59 16.25 10.78 19.06 8.28 16.85 % 10.54 20.11 9.57 17.55 % 3

(600581)2005 ( ) ( ) % 34.06 33.30 1.38 1.38 12.05 11.78 0.49 0.49 10.28 10.05 0.42 0.42 10.78 10.54 0.44 0.44 ( ) ( ) 589,576,104.00 - - 589,576,104.00 844,052,763.98 5,639.52-844,058,403.50 294,661,359.45 61,293,798.67-355,955,158.12 58,932,271.57 12,258,759.73-71,191,031.30 411,114,849.18 245,175,194.69 191,000,541.55 465,289,502.32 176,872,831.20 129,706,742.88 176,872,831.20 129,706,742.88 2,316,277,907.81 436,181,375.76 367,873,372.75 2,384,585,910.82 1 2 3 4

(600581)2005 ( ) 1 383,656,104 65.07 18,720,000 3.18 2 3 4 402,376,104 68.25 1 187,200,000 31.75 2 3 4 187,200,000 31.75 383,656,104 18,720,000 402,376,104 187,200,000 187,200,000 65.07 3.18 68.25 31.75 31.75 589,576,104 100 589,576,104 100 ( ) 1 [2002]77 2002 8 1 13,000 7.38 / [2002]139 2002 8 16 2 3 ( ) 1 46,671 2 2005 12 31 5

(600581)2005 ( + - % ) 1 0 369,616,104 62.692 136,140,000 2 0 9,360,000 1.588 3 0 9,360,000 1.588 9,360,000 4 0 9,360,000 1.588 5 0 4,680,000 0.794 6 999,998 0.170 7 960,900 0.163 8-300 560,860 0.095 9 560,040 0.095 10 500,000 0.085 ( ) 1 999,998 2 960,900 3 560,860 4 560,040 5 500,000 6 478,100 7 460,000 8 435,400 9 427,060 10 370,000 (1) 5% ( ) 4,000 2005 6 6 2,000 2005 9 21 15,700 7,669 3,583 ( 2005 9 27 ) 2005 4 22 ( ) 936 (2) (3) 10 6

(600581)2005 3 1995 10 20 252,411 ( ) ( ) 4 62.692% 7

(600581)2005 ( ) ( ) 42 2003.8-2006.8 0 0 10.54 47 2003.8-2006.8 0 0 49 2003.8-2006.8 0 0 9.74 40 2003.8-2006.8 0 0 10.09 42 2003.8-2006.8 0 0 0.5 43 2003.8-2006.8 0 0 0.5 48 2003.8-2006.8 0 0 0.5 70 2003.8-2006.8 0 0 5 37 2003.8-2006.8 0 0 5 39 2003.8-2006.8 0 0 5 42 2003.8-2006.8 0 0 5 50 2003.8-2006.8 0 0 8.19 37 2003.8-2006.8 0 0 36 2003.8-2006.8 0 0 9.36 33 2003.8-2006.8 0 0 7.81 32 2005.9-2006.8 0 0 5.80 39 2003.11-2006.8 0 0 8.70 42 2003.8-2006.8 0 0 7.06 0 0 98.79 ( ) 2003 3 2000 2 1995 6 2001 9 2000 5 ( ) 5 1 2000 8

(600581)2005 2000 2000 2000 2000 2000 ( ) 2000 2000 2000 2000 2000 2 2000 2000 2000 3 2000 2000 2000 2000 ( ) 9

(600581)2005 ( ) 2005 9 2 ( ) 2005 12 31 4,906 ( ) (%) 1 4,238 86.38 2 114 2.32 3 294 6.00 4 71 1.45 5 189 3.85 4,906 100 ( ) (%) 1 447 9.11 2 1,628 33.19 3 2,831 57.70 4,906 100 10

(600581)2005 ( ) 2005 12 23 ( ) 4 1 ( ) ( ) ( ) 7 4 3 0 7 6 1 0 7 7 0 0 7 5 2 0 2 ( ) 1 2 3 4 11

(600581)2005 5 ( ) 2005 12

(600581)2005 ( ) 2005 5 26 2004 2005 5 27 ( ) 2005 10 21 2005 2005 10 22 13

(600581)2005 ( ) 1 2005 3.49 4 12 22 2005 11 3.9% 62.4 2005 2005 283.89 277.02 28.02% 29.16% 34 300 282.37 29.47% 100% 781,341.94 19.51% 16 1 HRB400 ( 10-40 ) 2005 81,212.72 9.48% 24,517.52 43.90% 2005 2006 150 1750mm 60 15 10 14

(600581)2005 2 (1) 70% (2) (%) (%) (%) (%) 7,813,419,397.34 6,970,403,998.39 10.79 19.51 24.21 1,120,387,266.18 928,832,485.78 17.10 9.41 11.81 1,539,808,128.11 1,302,028,550.56 15.44-5.41-2.84 537,748,850.83 443,888,806.85 17.45 150 159.09 3,770,435,505.24 3,521,826,229.18 6.59 30.39 36.42 845,039,646.98 773,827,926.02 8.43 8.46 12.47 (3) 3.37 1.78 2.24 2.90 4.13 3.26 (%) 3,657,949,966.38-4.57 4,155,469,430.96 53.63 7,813,419,397.34 19.51 (4) (5) 5,839,485,597.57 79.34 % 2,030,780,185.78 25.99% 15

(600581)2005 3 (1) 2005 2004 (%) (%) 179,226,530.13 3.28 629,338,057.71 13.73 10.45 21,695,863.59 0.40 29,289,640.78 0.64 0.24 468,670,910.00 8.57 488,231,243.91 10.66 2.09 2,230,344,806.21 40.79 1,292,878,074.84 28.22 12.57 1,328,428,047.51 24.29 1,056,987,642.90 23.07 1.22 955,000,000.00 17.46 525,000,000.00 11.46 6.00 795,000,000.00 14.54 420,000,000.00 9.17 5.37 5,468,079,340.27 100 4,582,081,783.74 100 (2) (%) 372,713,717.29 213,783,363.20 74.34% 83,571,524.66 137,089,447.75-39.04% 90,959,120.52 30,884,227.59 194.52% 28,259,447.23 98,323,911.99-71.26% 4 (%) -632,611,145.71 99,071,854.04-738.54% -379,995,602.81-771,600,181.41 50.75% 562,495,220.94 610,044,339.93-7.79% 2004-6.33 2.45 16

(600581)2005 (1) 6.98 (2) 4.73 (3) 0.82 (4) 2.34 5, 10% ( ) 1 2005 66% 11% 6 2 (1) <1> <2> <1> <2> (2) 17

(600581)2005 (3) 2006 2006 350 327 95 2006 <1> <2> <3> <4> <5> <6> <7> <8> <9> 3 2006 6.8 18

(600581)2005 4 (1) (2) (3) (1) (2) 1750mm 2006 (3) ( ) 1 (1) 2002 92,254.23 2004 (2) 2002 ( 2003 3 5 4 23 ) 2003 70T ( 2003 11 26 12 30 ) 2004 ( 2004 10 27 12 1 ) (3) 19

(600581)2005 1 52302.65-52302.65 48075.79-48075.79 2 24393-24393 24393-24393.00 3 1# 1580 1000 2580 1580 954.23 2534.23 4 1197.95 1065.60 2263.55 1197.95 1025.78 2223.73 5 1758 700 2458 1758 186.86 1944.86 6 ( )4914-4914 4914 41492.62 46406.62 7 4226.86 254.14 4481 4226.86 2054.98 6281.84 8 1116.63-1116.63 1116.63-1116.63 9 4952-4952 4992 4430.75 9422.75 96441.09 3019.74 99460.83 92254.23 50145.22 142399.45 1 3515 2 3512.63 3 3995 EWR 4 70t 4982.09 5 ( ) 4992 20996.72 (4) 2 1 4,961 12,573.39, 2 4,930 3,629.27, 3 15,000 20,199.51 4 19,238 15,695.00 5 1750mm ( ) 201,300 66,213.62, 2006 245,429 118,310.79 11. 20

(600581)2005 ( ) ( ) 1 (1) 2005 2 25 2005 3 1 (2) 2005 4 26 2005 4 27 (3) 2005 8 12 2005 8 15 (4) 2005 9 2 2005 9 3 (5) 2005 10 21 2005 2005 10 22 (6) 2005 12 1 2005 12 2 (7) 2005 12 21 2005 12 23 2 2004 2004 58,957.6104 10 3 ( ) 17,687.28 2005 7 12 2005 7 15 7 18 7 22 ( ) 2005 245,175,194.69 10% 24,517,519.47 5% 12,258,759.73 10% 24,517,519.47 411,114,849.18 594,996,245.20 2005 12 31 589,576,104 10 2.2 ( ) 129,706,742.88 465,289,502.32 2005 21

(600581)2005 ( ) ( ) 1 2005 2 25 2004 < > < > 2004 2005 2 2005 4 26 < > < > 2004 < > 2004 < > 2004 < > 3 2005 8 12 ( ) 1 2 3 4 22

(600581)2005 5 ( ) ( ) ( ) 1 (%) 3,535,067,581.19 100% / 124,938,695.85 8.01% / 331,789,282.53 21.28% / ( ) 768,035,443.21 49.25% / 279,027,386.50 100% / 112,654,743.14 100% / 161,436,270.84 100% / 5,312,949,403.26 (%) 418,795,509.44 5.43% / 211,264,804.15 2.74% / 630,060,313.59 (%) 119,882,357.73 100% / 251,729,702.53 31.12% / 371,612,060.26 23

(600581)2005 2 3 (1) (2) (3) 4 2003 ( 2003 11 26 12 30 ) 2005 5 2005 6 ( ) 1 2005 10% 2 2005 3 4 2005 3 29 1.1 ( ) 1 2 (1) 24

(600581)2005 (2) (3) 2001 5 28 3 (1) (2) 2005 2006 2007 50% (3) ( ) 2005 80 ( 2003 13 ) ( ) ( ) 2006 1 24 2006 2 13 2006 2 15 2006 2 17 10 3.2 59,904,000 589,576,104 342,472,104 58.09% 247,104,000 41.91% 25

(600581)2005 [2006]8-130 : ( )2005 12 31 2005 2005 12 31 2005 2006 3 24 26

(600581)2005 27 2005 12 31 4,582,081,783.74 10,585,812.20 5,468,079,340.27 21,015,078.68 1,292,878,074.84 630,686,673.70 1,056,987,642.90 2,980,552,391.44 10,585,812.20 1,328,428,047.51 4,294,936,232.64 10,625,083.04 10,625,083.04 1,977,855,683.24 663,962,529.72 1,313,893,153.52 1,590,943,580.10 2,250,568,861.76 20,224,055.55 2,230,344,806.21 736,163,378.92 3,141,828,287.21 891,259,425.45 488,231,243.91 901,176.93 468,670,910.00 1,280,114.93 1,162,518,024.59 629,338,057.71 4,332,374.00 331,933,103.55 29,289,640.78 1,967,491.07 104,950,492.15 21,695,863.59 1,287,939.23 31,263,548.34 179,226,530.13 6,458,240.15 452,634,878.22

(600581)2005 28 ( ) 2005 12 31 1,650,917.06 263,662.36 955,000,000.00 100,000,000.00 772,939,015.16 278,914,434.17 33,447,649.18 18,639,513.98 19,775,836.21 525,000,000.00 699,324,339.58 373,451,658.36 35,199,124.21 19,816,470.53 37,531,497.08 151,817,123.81 97,016,063.69 ( ) ( ) ( ) ( ) ( ) 2,277,383,429.45 795,000,000.00 11,110,000.00 806,110,000.00 3,083,493,429.45 589,576,104.00 1,842,403,875.93 423,400,000.00 2,265,803,875.93 420,000,000.00 3,400,000.00 465,289,502.32 129,706,742.88 2,384,585,910.82 589,576,104.00 844,058,403.50 355,955,158.12 71,191,031.30 5,468,079,340.27 589,576,104.00 589,576,104.00 844,052,763.98 294,661,359.45 58,932,271.57 4,582,081,783.74 411,114,849.18 176,872,831.20 2,316,277,907.81

(600581)2005 2005 ( - ) ( - ) 2005 2004 7,813,419,397.34 6,537,792,271.99 6,970,403,998.39 5,611,819,434.90 30,888,218.28 28,775,204.13 812,127,180.67 897,197,632.96 22,449,495.38 25,196,734.99 372,713,717.29 213,783,363.20 83,571,524.66 137,089,447.75 90,959,120.52 30,884,227.59 287,332,313.58 540,637,329.41-154,092.92-1,516,008.93 72,403.80 302,851.44 13,815,982.54 4,048,732.96 273,434,641.92 535,375,438.96 28,259,447.23 98,323,911.99 245,175,194.69 437,051,526.97 411,114,849.18 260,199,035.16 656,290,043.87 697,250,562.13 24,517,519.47 43,705,152.70 12,258,759.73 21,852,576.35 619,513,764.67 631,692,833.08. "-" ( - ) ( - ) ( - ) 24,517,519.47 43,705,152.70 129,706,742.88 176,872,831.20 465,289,502.32 411,114,849.18 29

(600581)2005 30 2005 2,616,884,838.46 25,085,412.88 2,641,970,251.34 2,246,214,220.08 181,993,378.25 392,836,986.80 453,536,811.92 3,274,581,397.05-632,611,145.71 1,991,763.50 680,000.00 3,004,981.95 5,676,745.45 381,368,625.69 4,303,722.57 385,672,348.26-379,995,602.81 1,630,000,000.00 7,710,000.00 1,637,710,000.00 825,000,000.00 250,214,779.06 1,075,214,779.06 562,495,220.94-450,111,527.58

(600581)2005 31 2005 245,175,194.69 1,205,036.17 234,126,372.05 360,729.16-378,938.00 12,426,901.36 82,009,281.50 91,869.07-472,983,831.46-697,796,500.89-36,847,259.36-632,611,145.71 179,226,530.13 629,338,057.71-450,111,527.58 1 ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) 3 2

(600581)2005 2005 14,302,282.45 1,142,812.32 10,213,874.53 10,213,874.53 5,231,220.24 14,134,361.22 1,168,275.84 10,213,874.53 10,213,874.53 5,088,762.53 167,921.23-25,463.52 142,457.71 12,700.00 62,223.85 74,923.85 12,700.00 62,223.85 74,923.85 12,464,580.96 12,464,580.96 12,464,580.96 12,464,580.96 21,015,078.68 791,023.13 791,023.13 20,224,055.55 1,812,967.91 1,812,967.91 19,202,110.77 791,023.13 791,023.13 18,411,087.64 32

(600581)2005 2005 589,576,104.00 491,313,420.00 98,262,684.00 98,262,684.00 589,576,104.00 589,576,104.00 844,052,763.98 942,315,447.98 5,639.52 5,639.52 98,262,684.00 98,262,684.00 844,058,403.50 844,052,763.98 235,729,087.88 148,318,782.48 49,035,038.94 87,410,305.40 49,035,038.94 87,410,305.40 24,517,519.47 43,705,152.70 24,517,519.47 43,705,152.70 284,764,126.82 235,729,087.88 142,382,063.41 117,864,543.94 58,932,271.57 37,079,695.22 12,258,759.73 21,852,576.35 12,258,759.73 21,852,576.35 71,191,031.30 58,932,271.57 411,114,849.18 260,199,035.16 ( - ) 245,175,194.69 437,051,526.97 191,000,541.55 286,135,712.95 ( - ) 465,289,502.32 411,114,849.18 33

(600581)2005 2005 1 ( - ) 2 1,413,780,305.24 13,695,113.36 3 1,130,568,999.27 268,463,603.83 4 ( - ) 1 ( - ) 5,572,295.61 2 ( - ) 296,906,419.33 3 268,463,603.83 4 ( - ) 34,015,111.11 34

(600581)2005 2005 ( ) [2000]145 2000 7 27 279,427,850 (27,942.785 ) 2002 8 1 ( [2002]77 ), 100% 13,000 (A ), 1 13,000, 40,942.785, 409,427,850 2002 8 8 2003 4 22 2002 2002 12 31 40,942.785 10 2 2 8,188.557 491,313,420 (49,131.342 ) 2003 6 3 2004 4 20 2003 2003 2003 12 31 49,131.342 10 2 9,826.2684 589,576,104 (58,957.6104 ) 2004 6 7, 1 2 1 1 12 31 3 4 35

(600581)2005 5 6 7 (1) ( ), (2) (3) 8 (1) (2) (3) (4) : (%) 6 10 30 50 80 100 9 (1) (2) 36

(600581)2005 (3) (4) 10 (1) (2) 20% 20%( 20%) 20% 20% 50% (3) 10 (4) 11 (1) (2) 3% ( ) (%) 35-40 2.43-2.77 20-25 3.88-4.85 5-l4 6.93-19.40 8 12.12 5-12 8.08-19.40 (3) 2001 1 1 37

(600581)2005 (4) 12 (1) (2), (3) (4) (5) 2001 1 1 3 13 (1) 50 (2) (3) : 2001 1 1 38

(600581)2005 39, 14 (1) (2) 15 (1), (2),,, 16 1 17% 2 7% 3% 3 30% 1.2% 4 33% [2000]137 55% 45% 14.85% 5 1 2 10% 3 5% 4

(600581)2005 5 2005 2005 10% 5% 10% 2005 2005 10 2.2 1 2005 12 31 2004 12 31 11,076.07 10,540.26 175,752,825.12 625,150,917.22 49,567.90 8.2765 410,248.72 3,462,628.94 3,766,351.51 179,226,530.13 49,567.90 629,338,057.71 (1) 450,111,527.58 1750mm ( ) (2) (3) 2 2005 12 31 6,458,240.15 (1) 712,910.00 712,910.00 1,401,000.00 72,600.00 1,328,400.00 1,328,400.00 3,632,164.00 12,700.00 3,619,464.00 5,132,164.00 2,323.85 5,129,840.15 5,561,584.78 4,345,074.00 12,700.00 4,332,374.00 6,533,164.00 74,923.85 6,458,240.15 6,889,984.78 (2) ( ) 100,000 985,000.00 9.22 922,000.00 63,000.00 80,000 416,000.00 5.08 406,400.00 9,600.00 180,000 1,401,000.00 1,328,400.00 72,600.00 40

(600581)2005 500,080 500,000.00 1.00 500,080.00 2,970,000 2,632,164.00 1.029 3,056,130.00 992,515.07 1,000,000.00 1.0052 997,676.15 2,323.85 992,220 1,000,000.00 1.0156 1,007,698.63 5,454,815.07 5,132,164.00 5,561,584.78 2,323.85 6,533,164.00 6,889,984.78 74,923.85 (1) 2005 12 31 (2) 3 2005 12 31 452,634,878.22 2005 12 31 2004 12 31 445,589,145.14 325,353,831.98 7,045,733.08 6,579,271.57 452,634,878.22 331,933,103.55 (1) 120,701,774.67 (2) 4 2005 12 31 21,695,863.59 (1) 2005 12 31 (%) ( )% 2004 12 31 (%) ( )% 6,088,224.08 22.73 6 365,293.44 17,796,592.88 40.98 6 1,067,795.57 13,008,663.39 48.57 10 1,300,866.34 15,198,536.49 35.00 10 2,809,118.18 7,257,639.40 27.10 30 3,180,053.12 1,662,404.28 3.83 30 1,490,979.12 375,099.25 1.40 50 187,549.63 4,178,463.25 9.62 50 4,178,463.25 55,000.00 0.20 80 55,000.00 4,274,742.16 9.84 80 4,274,742.16 100 313,262.94 0.73 100 313,262.94 26,784,626.12 100.00 5,088,762.53 43,424,002.00 100.00 14,134,361.22 (2) 21,415,094.85 79.95% (3) 4,793,183.29, (4) 5% ( 5%) (5) : 41

(600581)2005 100% 2-3 1,432,516.14 4-5 55,000.00 5 2005 12 31 1,287,939.23 (l) 2005 12 31 (%) ( )% 2004 12 31 (%) ( )% 1,257,268.45 87.90 6 75,436.11 1,855,076.34 86.87 6 111,304.58 37,500.00 2.62 10 3,750.00 242,420.70 11.35 10 24,242.07 97,713.23 6.83 30 29,313.97 7,915.26 0.37 30 2,374.58 7,915.26 0.55 50 3,957.63 50 80 80 30,000.00 2.10 100 30,000.00 30,000.00 1.41 100 30,000.00 1,430,396.94 100.00 142,457.71 2,135,412.30 100.00 167,921.23 (2) 518,403.00 36.24% (3) 5% ( 5%) (2) 6 2005 12 31 31,263,548.34 (1) 2005 12 31 (%) 2004 12 31 (%) 30,201,706.20 96.60 104,202,972.15 99.29 497,842.14 1.59 747,520.00 0.71 564,000.00 1.81 31,263,548.34 100.00 104,950,492.15 100.00 16,733,029.48 ; ( ) 5,969,173.01 ; 757,190.64 ; 4,850,574.80, (3) 5% ( 5%) 7 2005 12 31 468,670,910.00 2005 12 31 2004 12 31 351,992,978.30 12,464,580.96 348,060,180.80 12,464,580.96 14,290,362.18 168,923.16 42

(600581)2005 8,812,745.28 6,181,949.98 29,858,735.32 105,696,176.83 47,226,999.29 23,866,651.61 27,263,818.97 16,721,942.49 1,689,851.62 481,135,490.96 12,464,580.96 500,695,824.87 12,464,580.96 (1) : (2) 8 2005 12 31 1,280,114.93 453,304.42 22,069.34 67,444.08 407,929.68 430,005.84 2,375,549.68 1,945,370.27 860,185.25 17,866.67 16,106.50 21,973.17 12,000.00 901,176.93 2,413,725.52 2,034,787.52 1,280,114.93 9 422,425,981.10 313,759,717.62 3,523,390.35 732,662,308.37 145,045,643.49 174,410,577.07 10,756,806.98 308,699,413.58 1,399,286,132.54 705,605,129.52 15,877,622.91 2,089,013,639.15 11,097,926.11 355,000.00 11,452,926.11 1,977,855,683.24 1,194,130,424.21 30,157,820.24 3,141,828,287.21 74,221,423.08 20,127,345.95 206,199.88 94,142,569.15 45,346,879.85 12,978,507.96 1,221,457.71 57,103,930.10 540,419,693.17 199,532,448.41 5,401,818.73 734,550,322.85 3,974,533.62 1,488,069.73 5,462,603.35 663,962,529.72 234,126,372.05 6,829,476.32 891,259,425.45 1,313,893,153.52 2,250,568,861.76 43

(600581)2005 (5) (1) (2) (3) 14,461,033.00 12,214,231.10 1,812,967.91 433,833.99 134,788,454.88 112,333,713.63 18,411,087.64 4,043,653.61 689,915.00 669,217.55 20,697.45 149,939,402.88 125,217,162.28 20,224,055.55 4,498,185.05 (4) 604,306,113.68 319,130.20 (6) 1,173,735,749.78 (7) 1,812,967.91 1,812,967.91 19,202,110.77 791,023.13 18,411,087.64 21,015,078.68 791,023.13 20,224,055.55 10 2005 12 31 736,163,378.92, 1750mm 2005 12 31 2004 12 31 10,388,138.63 27,667,597.69 1750mm 572,342,947.68 420,178,117.00 2,432,087.40 ( ) 27,432,046.81 3,934,250.00 ( ) 151,906,662.61 102,114,906.00 46,927,668.80 1,525,630.00 736,163,378.92 630,686,673.70 44

(600581)2005 11 2005 12 31 1,328,428,047.51 (%) 1 25,800,000 20,868,921.49 4,473,414.96 11,869,904.63 13,472,431.82 98.23 24,580,000 18,895,214.44 553,428.40 19,448,642.84 79.12 2,230,000.00 1,435,297.38 1,435,297.38 22,635,500 18,617,309.45 3,620,000.00 9,754,995.90 12,482,313.55 98.24 9,000,000 7,042,656.45 95,639.00 7,138,295.45 ( ) 49,140,000 482,033,882.77 144,058,942.24 626,092,825.01 44,810,000 152,366,672.24 4,679,226.08 157,045,898.32 507,985.21 5,241,195.46 5,749,180.67 1750mm 2,013,000,000 41,975,598.69 620,160,566.65 662,136,165.34 32.89 ( ) 140,083,513.46 390,070,887.44 530,154,400.90 34,400.00 84,934,797.82 84,969,197.82 150,000,000 90,783,736.40 111,211,336.32 196,384,750.83 5,610,321.89 134.66 192,380,000 81,621,867.92 75,328,114.67 156,949,982.59 720,587.00 748,605.35 1,314,619.00 154,573.35 2,533,575,500 1,056,987,642.90 1,445,176,154.39 1,173,735,749.78 1,328,428,047.51 (1) (2), 12 4,203,627.90 3,825,985.75 84,072.60 461,714.75 3,741,913.15 534 7,046,160.05 6,740,826.45 140,923.20 446,256.80 6,599,903.25 562 24,000.00 19,000.00 2,400.00 7,400.00 16,600.00 83 400,000.00 400,000.00 133,333.36 133,333.36 266,666.64 16 11,673,787.95 10,585,812.20 400,000.00 360,729.16 1,048,704.91 10,625,083.04 45

(600581)2005 l3 2005 12 31 2004 12 31 100,000,000.00 955,000,000.00 425,000,000.00 955,000,000.00 525,000,000.00 (1) 430,000,000.00 (2) l4 2005 12 31 100,000,000.00 2005 12 31 2004 12 31 100,000,000.00 (1) 3 6 2005 11 2006 11 100,000,000.00 (2) (3) 5% ( 5%) l5 2005 12 31 772,939,015.16 2005 12 31 2004 12 31 772,939,015.16 699,324,339.58 (1) 73,614,675.58 (2) 6,384,115.83 5,067,218.31 22,302,147.18, (3) 5% ( 5%) 5,655,324.77 l6 2005 12 31 278,914,434.17 2005 12 31 2004 12 31 278,914,434.17 373,451,658.36 (1) 94,537,224.19 46

(600581)2005 (2) 27,356,480.57 4,877.37 523,842.22, (3) 5% ( 5%) 17 2005 12 31 2004 12 31 33,447,649.18 35,199,124.21 18 2005 12 31 19,775,836.21 2005 12 31 2004 12 31 34,015,111.11 5,572,295.61 3,770,387.99 412,654.48 223,582.25 227,485.07-18,353,832.21 28,535,463.25 120,587.07 2,687,228.54 96,370.13 19,775,836.21 37,531,497.08 19 2005 12 31 2004 12 31 1,650,917.06 263,662.36 20 2005 12 31 2004 12 31 97,016,063.69 151,817,123.81 (1) 54,801,060.12, (2) 5% ( 5%) 21 2005 12 31 2004 12 31 440,000,000.00 280,000,000.00 355,000,000.00 140,000,000.00 795,000,000.00 420,000,000.00 375,000,000.00 47

(600581)2005 22 2004 12 31 11,110,000.00 1750 23 (+,-). 1. 40,237.6104 40,237.6104 : 38,365.6104 38,365.6104 1,872.0000 1,872.0000 2. 3. 4. 40,237.6104 40,237.6104. 1. 18,720.0000 18,720.0000 2. 3. 4. 18,720.0000 18,720.0000 58,957.6104 58,957.6104 : (%) 2005 12 31 (%) 2004 12 31 62.692 369,616,104.00 62.692 369,616,104.00 1.588 9,360,000.00 1.588 9,360,000.00 1.588 9,360,000.00 1.588 9,360,000.00 1.588 9,360,000.00 1.588 9,360,000.00 0.794 4,680,000.00 0.794 4,680,000.00 31.750 187,200,000.00 31.750 187,200,000.00 100.00 589,576,104.00 100.00 589,576,104.00 [2004]8-353 24 843,861,029.74 843,861,029.74 191,734.24 5,639.52 197,373.76 844,052,763.98 5,639.52 844,058,403.50 48

(600581)2005 25 117,864,543.94 24,517,519.47 142,382,063.41 58,932,271.57 12,258,759.73 71,191,031.3 117,864,543.94 24,517,519.47 142,382,063.41 294,661,359.45 61,293,798.67 355,955,158.12 26 411,114,849.18 245,175,194.69 24,517,519.47 12,258,759.73 24,517,519.47 129,706,742.88 465,289,502.32 (1), 2005 10% 24,517,519.47 5% 12,258,759.73 (2) 2005 2005 10% 24,517,519.47 (3) 2005 2005 58,957.6104 10 2.2 129,706,742.88 27 2005 2004 2005 2004 3,770,435,505.24 2,891,677,713.93 3,521,826,229.18 2,581,645,560.17 1,539,808,128.11 1,627,851,486.12 1,302,028,550.56 1,340,058,668.14 1,120,387,266.18 1,024,062,825.43 928,832,485.78 830,760,543.37 537,748,850.83 215,101,970.40 443,888,806.85 171,324,605.13 77,740,041.07 10,281,369.17 66,395,463.86 7,325,077.02 767,299,605.91 768,816,906.94 707,432,462.16 680,704,981.07 7,813,419,397.34 6,537,792,271.99 6,970,403,998.39 5,611,819,434.90 (1) 2005 5 2,030,780,185.78 25.99% 49

(600581)2005 (2) 19.51% 24.21% 2005 28 2005 2004 21,621,741.64 20,141,839.58 9,266,476.64 8,633,364.55 30,888,218.28 28,775,204.13 29 2005 2004 16,294,965.44 12,283,337.44 46,308.70-39,186.10 6,108,221.24 11,365,771.15 1,586,812.50 22,449,495.38 25,196,734.99 30 2005 2004 372,713,717.29 213,783,363.20 158,930,354.09, 31 2005 2004 83,571,524.66 137,089,447.75 53,517,923.09 32 2005 2004 82,139,933.46 24,169,823.35 1,970,327.20 4,811,598.71 11,066.31 11,640.84 25.29 11,679.24 234,422.22 428,636.65 10,544,051.02 11,097,404.70 90,959,120.52 30,884,227.59 60,074,892.93 50

(600581)2005 33 2005 2004-91,869.07-1,561,526.67 62,223.85-45,517.74-154,092.92-1,516,008.93 34 2005 2004 36,346.86 147,781.49 24,827.00 20,000.00 55,000.00 11,229.94 80,069.95 72,403.80 302,851.44 35 2005 2004 12,463,248.22 3,024,321.95 1,276,138.90 960,551.80 76,595.42 63,859.21 13,815,982.54 4,048,732.96 9,767,249.58, 12,463,248.22 424,853,729.12 2,798,659.27 2,725,131.97 2,701,732.52 20,457,559.04 453,536,811.92 12,463,248.22 1,352,734.32 154,092.92 72,403.80 13,897,671.66 2,063,804.24 11,833,867.42 51

(600581)2005 1 2 2,524,116,869.49 2,524,116,869.49 3 62.692% 62.692% 4 ( ) 52

(600581)2005 5 (1) (2) (3) 6 (1) 2005 2004 3,535,067,581.19 2,768,043,550.81 / 124,938,695.85 124,056,635.42 / 331,789,282.53 705,082,007.52 / ( ) 768,035,443.21 475,425,741.05 / 47,139,385.23 24,244,882.79 / 7,116,318.71 2,277,637.59 / 279,027,386.50 210,041,252.98 / 112,654,743.14 83,369,074.59 / 161,436,270.84 122,313,446.88 / 5,367,205,107.20 4,514,854,229.63 (2) 2005 2004 973,246.70 625,593.72 / 31,886,003.97 32,620,289.33 / 28,321,219.45 107,264,961.41 / 418,795,509.44 252,000,198.98 / 1,002,178.62 664,777.34 / 7,785,531.73 / 53,124,102.64 24,167,218.59 / 211,264,804.15 / 71,068,505.59 / 61,184,246.01 58,982,113.35 / 2,598,974.38 1,844,677.33 / 47,149,534.93 57,008,053.93 / 927,368,325.88 542,963,415.71 53

(600581)2005 (3) 2005 2004 66,093,951.89 48,398,309.50 / 11,319,226.92 81,058,415.34 / 119,882,357.73 92,395,336.13 / 12,043,709.13 14,489,879.15 / 699,801.08 / 251,729,702.53 88,043,990.54 / 29,465,867.67 9,072,986.58 / 491,234,616.95 333,458,917.24 (4) 2001 1 1 2011 1 1 30 2005 30 (5) 300 100 200 2005 300 100 200 (6) 2005 95,500 35,500 7 2005 12 31 2004 12 31 4,249,183.60 4,793,183.29 5,655,324.77 170,864,138.89 6,384,115.83 78,948,166.47 ( ) 57,776,716.09 5,067,218.31 2,259,218.31 22,302,147.18 757,190.64 43,556.00 ( )5,969,173.01 4,850,574.80 16,733,029.48 4,877.37 1,641,288.16 27,356,480.57 6,645,095.11 2,422,787.45 523,842.22 54

(600581)2005 1 2 3 2006 3 24 2005 2005 10% 5% 10% 2005 10 2.2, 1 2005 9 21 2 15,700 7,669, 3,583, 4,000 2005 6 6 2,000, 10 3.2 2006 1 24 2006 2 17 (%) (%) 62.692 369,616,104.00 53.12 313,195,794.00 1.588 9,360,000.00 1.59 9,360,000.00 1.588 9,360,000.00 1.35 7,966,524.00 1.588 9,360,000.00 1.35 7,966,524.00 0.794 4,680,000.00 0.68 3,983,262.00 31.750 187,200,000.00 41.91 247,104,000.00 100.00 589,576,104.00 100.00 589,576,104.00 55

(600581)2005 ( ) ( ) ( ) 56

(600581)2005 2005 68 2 ( ) (2005 ) 2005 2005 2005 2005 57