China Liaoning International Cooperation(Group) Holdings Ltd

000638 China Liaoning International Cooperation(Group) Holdings Ltd. 2005 0 0

2 2 4 5 6 8 11 52 1

2005 2005 1 Holdings Ltd. China Liaoning International Cooperation(Group) CLIC 2 3 126 024-23271655 024-23271881 2

clicnet@mail.sy.ln.cn 4 126 110001 http://www.cn-clic.com clicnet@mail.sy.ln.cn 5 http://www.cninfo.com 6 *ST 000638 7 2100001046666 210150242666665 1 94,636,429.09 96,539,745.53-1.97% 551,718,892.13 570,691,719.28-3.32% 199,621,865.30 213,462,268.23-6.48% -394,343,410.96-398,687,415.84 1.09% -2.55-2.58 1.16% -2.55-2.58 1.16% 1 6 442,219.57 2,336,721.46-81.08% 232,219.57-6,079,067.42 103.82% 0.00 0.08-100.00% 0.00 - - 3

-4,078,727.38 1,228,142.99-432.11% 2 210,000.00 210,000.00 3 / 7,790,405.47 - - 0.05 0.05 1,324,768.1 - - 0.009 0.009 442,219.57 - - 0.003 0.003 232,219.57 - - 0.002 0.002 2004 2005 2005 6 30 29555 2005 6 30 ( ) 0 66,300,000 42.86 66,300,0 00 4

0 500,000 0.32 0 391,000 0.25 0 369,400 0.24 0 365,000 0.24 0 353,600 0.23 0 284,900 0.18 0 283,600 0.18 0 270,800 0.18 0 232,440 0.15 1 2 " " 6630 2005 3 3 3 10 10 10 2005 6 30 ( ) A B H 500,000 A 391,000 A 369,400 A 365,000 A 353,600 A 284,900 A 283,600 A 270,800 A 232,440 A 227,000 A 5

2005 1 6 2004 1 6 67,285,434.06 63,173,093.36 4.70% 1,479,910.51 5,190,213.22 104.13% 442,219.57 2,336,721.46-103.25% 232,219.57-6,079,067.42-103.90% -4,078,727.38 1,228,142.99-432.10% 94,636,429.09 96,539,745.53-1.90% 551,718,892.13 570,691,719.28-3.30% 199,621,865.30 213,462,268.23-6.40% -394,343,410.96-398,687,415.84 1.00% -2.55-2.58 1.10% -2.55-2.58 1.10% 6

6728.54 44.22 1 1 (%) 6,578.84 5,853.57 11.02% 5.00% 14.40% -39.75% 149.70 86.96 41.91% 193.90% 87.60% 366.18% 0.00 0.00 0.00% 0.00% 0.00% 0.00% 6,578.84 5,853.57 11.02% 5.00% 14.40% -39.75% 149.70 86.96 41.91% 193.90% 87.60% 366.18% 0.00 0.00 0.00% 0.00% 0.00% 0.00% 2 3,289.42 50.00% 2,302.59 35.00% 986.83 15.00%,, 7

, [2005]15,, 2005 8

1 2 5% 5% 1 2 1 2003 56 2 2005 6 30 1997 08 15 1997 07 25 1998 06 15 1997 09 01 2,343.00 1997 8 20 --1999 11 15 1,243.00 1997 7 25 --1999 11 3 2,300.00 1998 6 29 --1999 4 20 1,935.00 2001 1 1 9

1996 12 01 --2002 3 10 550.00 1996 12 1 --1997 12 1 8,371.00 8,371.00 0.00 0.00 8,250.00 2005 2005 1 13 " " " " 2005 1 15 " " 6630 42.86% " " 6630 2005 3 3 2005 3 5 2004 10

8 25 2004 8 26 2004 9 23 2004 12 17 2005 3 2 4 6 11

: 2005 6 30 2005-6-30 2004-12-31 : 5,278,545.61 2,350,297.68 10,434,642.23 2,269,222.00 - - - - 2,530,000.00-980,000.00 - - - - - 22,137,212.01 1,731,307.36 17,183,124.28 1,731,307.36 37,640,542.76 24,568,081.56 37,268,117.72 25,456,121.31 1,797,181.71 104,157.22 7,984,925.98 104,157.22 - - - - 25,154,735.14-22,385,101.25-98,211.86-303,834.07 - - - - - 94,636,429.09 28,753,843.82 96,539,745.53 29,560,807.89 : - - - 55,604,418.77-81,881.12 52,193,753.64 - - - - - 55,604,418.77-81,881.12 52,193,753.64 : - - -81,881.12 - - - - : - - 112,658,057.97 63,019,230.83 120,162,202.95 70,472,017.55 : 33,937,186.82 16,554,626.43 33,613,973.61 17,346,623.05 78,720,871.15 46,464,604.40 86,548,229.34 53,125,394.50 : 30,112.20-30,112.20-78,690,758.95 46,464,604.40 86,518,117.14 53,125,394.50 - - - - - - 138,455.96 - - - - - 78,690,758.95 46,464,604.40 86,656,573.10 53,125,394.50 : - - 24,374,170.42 20,480,502.42 28,544,877.50 22,965,893.06 1,920,506.84-1,802,953.22 - - - - - 26,294,677.26 20,480,502.42 30,347,830.72 22,965,893.06 : - - - - - - 199,621,865.30 151,303,369.41 213,462,268.23 157,845,849.09 12

: ( 2005 6 30 2005-6-30 2004-12-31 : 156,853,797.41 134,553,797.41 157,173,797.41 134,553,797.41 - - 4,100,000.00-11,748,660.02 5,098,803.19 11,794,622.66 5,098,803.19 104,653.70 101,577.50 1,431,546.14 101,577.50 7,828,658.37 7,224,010.38 8,343,687.57 7,552,691.58 1,784,334.83 1,236,797.14 1,810,639.38 1,197,394.49-0.00-0.00 - - 6,403,030.89 5,305,559.78 5,742,375.40 5,305,336.78 781,038.26 773,876.83 778,252.30 773,936.83 185,453,350.82 212,363,464.73 200,579,511.52 224,726,414.67 49,778,308.48 48,005,834.06 47,954,227.55 46,240,253.13 120,483,059.35 120,483,059.35 120,483,059.35 120,483,059.35 10,500,000.00 10,500,000.00 10,500,000.00 10,500,000.00 551,718,892.13 545,646,780.37 570,691,719.28 556,533,264.93 : - - - - - - - - - - 2,408,803.00-2,408,803.00 - - - - - - - - - 2,408,803.00-2,408,803.00 - - - - - - - 554,127,695.13 545,646,780.37 573,100,522.28 556,533,264.93 : - - 39,837,581.13-39,049,161.79 - : - - 154,700,000.00 154,700,000.00 154,700,000.00 154,700,000.00 162,145,904.77 162,145,904.77 158,244,119.46 158,244,119.46 17,844,529.24 17,496,484.83 17,844,529.24 17,496,484.83 : 6,066,288.58 6,063,522.18 6,066,288.58 6,063,522.18 - - - - -729,033,844.97-728,685,800.56-729,476,064.54-729,128,020.13 - - - - -394,343,410.96-394,343,410.96-398,687,415.84-398,687,415.84 199,621,865.30 151,303,369.41 213,462,268.23 157,845,849.09 13

: 2005 1-6 2004 1-6 67,285,434.06-63,173,093.36 4,357.92 59,405,335.97-51,667,323.02 4,532.28 89,692.62-42,552.00 7,790,405.47-11,463,218.34-174.36 3,624,671.97 28,335.00 2,411,251.21 59,161.29 3,204,175.38-4,133,190.96 4,744,320.41 1,362,402.60 5,250,478.26 2,268,384.01 2,141,813.55 1,762,496.84 7,716,375.99 7,216,745.52 - - 1,324,768.10-3,096,564.44-3,225,575.66-9,426,142.60-3,328,784.01 1,059,800.00 4,317,175.18 - - 210,000.00 210,000.00 10,126,007.00 10,125,707.00 54,857.59-2,770,018.12 2,680,018.12 - - 1,479,910.51 442,219.57 5,190,213.22 2,336,721.46 249,271.60-837,521.71 788,419.34-2,015,970.05 442,219.57 442,219.57 2,336,721.46 2,336,721.46-729,476,064.54-729,128,020.13-695,091,322.98-694,743,278.57 - - -729,033,844.97-728,685,800.56-692,754,601.52-692,406,557.11 - - - - - - - - - - -729,033,844.97-728,685,800.56-692,754,601.52-692,406,557.11 - - - - - - - - - - -729,033,844.97-728,685,800.56-692,754,601.52-692,406,557.11 14

1 2 3 4 5 6 15

2005 1-6 : 77,480,912.52 30,000.00 - - 3,233,688.39 994,871.90 80,714,600.91 1,024,871.90 77,313,570.56-2,080,177.15 329,743.20 2,208,775.78 8,736.48 3,190,804.80 605,316.54 84,793,328.29 943,796.22-4,078,727.38 81,075.68 - - - - - - 79,500.00 - - - 79,500.00-506,303.78 - - - - - 506,303.78 - -426,803.78 - - - - - - - - - - - 320,000.00-321,565.46 - - - 641,565.46 - -641,565.46 - - - (5,147,096.62) 81,075.68 16

( ) 2005 1-6 1 2005 1-6 : 442,219.57 442,219.57 788,419.34 - - - 1,896,294.78 766,084.95 168,000.00-96,058.38-205,622.21 - -1,055,000.00 - -210,000.00-210,000.00 - - 2,144,907.75 1,765,591.04 - -3,328,784.01 - - -1,148,721.49-500,274.34 2,929,406.99-7,050,559.85-2,283,442.86-856,242.41 - -4,078,727.38 81,075.68 2 - - - - - - - - 3 - - 5,287,545.61 2,350,297.68 10,434,642.23 2,269,222.00 - - - - -5,147,096.62 81,075.68 17

2005 6 30 2004 12 31 2005 6 30 180,312,997.47 78,786.06 180,391,783.53 4,995,827.31 4,995,827.31 175,317,170.16 78,786.06 175,395,956.22 2,406,936.37 2,406,936.37 2,357,449.19 2,357,449.19 49,487.18 49,487.18 80,176,925.22 80,176,925.22 80,176,925.22 80,176,925.22 30,112.20 30,112.20 18

262,926,971.26 78,786.06 263,005,757.32 2005 1-6 1993 5 1993 27 1996 8, 1996 6 30 5500 3000 2500 1996 11 12 16 A 1500 8.38, 7000 500 1500 2000 1996 11 26 1500 500 1996 1997 8470 2003 12 31 15470 6630 8840 2004 4 28 19

1 2 1 1 12 31 3 4 5 6 7 1 2, ; 3 8 1 20

A B 2 3 1 5% 1-2 15% 2-3 30% 3 50% 9 1 2 3 4 10 1 A B 20%( 20%) 20% 20% 21

50 50% 2 10 2003 3 17 2003 3 17 3 A B ; 4 5 A B 11 1 22

1 2000 2 2 3 A B C 1 20-30 3%-10% 3%-4.85% 5-10 3%-10% 9%-19.4% 5-10 3%-10% 9%-19.4% 5 3%-5% 9%-19.4% 5-10 3%-5% 9.5%-19.4% 4 12 2 23

3 3 13 1 ; 2 14 1 2 A B C 10 3 24

4 15 1 2 16 1 2 A ; B 3 A B 17 18 19 1995 11 < > 25

17% 5% 3% 7% 33% 15% 4% 1 RMB210 100% RMB88 100% RMB880 100% RMB1000 100% RMB5000 100% RMB500 100% RMB 200 100% USD730 48.90% RMB1200 100% 26

RMB480 USD200 100% 51% RMB830 60% RMB 1 60% RMB666 100% 2 1. 2005-6-30 2004-12-31 RMB 670,446.36 98,172.37 JPY - - 670,446.36 98,172.37 RMB 2,348,656.34 6,023,020.23 JPY 510.32 35.21 - USD 65.06 538.71 981.39 8,125.91 2,349,230.26 6,031,146.14 RMB 2,258,868.99 4,305,323.72 2,258,868.99 4,305,323.72 5,278,545.61 10,434,642.23 2,258,868.99 2. 2005-6-30 2004-12-31 27

2,530,000.00 980,000.00 2,530,000.00 980,000.00 3. 2004-12-31 1 1-2 2-3 3 15,802,403.71 71.25% 790,120.19 15,012,283.52 244,376.55 1.10% 36,656.48 207,720.07 153,538.57 0.69% 23,874.77 129,663.80 5,978,632.76 26.96% 4,145,175.87 1,833,456.89 22,178,951.59 100.00% 4,995,827.31 17,183,124.28 2005-6-30 1 20,119,804.85 74.15% 1,005,990.24 19,113,814.61 1-2 24,376.55 0.08% 3,656.48 20,720.07 2-3 3 6,988,857.92 25.77% 3,986,180.59 3,002,677.33 27,133,039.32 100% 4,995,827.31 22,137,212.01 2005 6 30 5,484,016.31 1 2,350,834.00 1 2,307,211.25 1 28

1,935,791.50 1 1,559,896.00 1 13,637,749.06 50.26% 5%( 5%) 40% 443,498.70 443,498.70 3 1,000,000.00 500,000.00 3 4. 2004-12-31 1 7,640,829.61 3.59% 645,247.40 6,995,582.21, 1-2 5,816,923.49 2.74% 4,078,809.65 1,738,113.84 2-3 28,370,524.54 13.35% 26,316,935.91 2,053,588.63 3 170,757,010.24 80.32% 144,276,177.20 26,480,833.04 212,585,287.88 100% 175,317,170.16 37,268,117.72 2005-6-30 1 7,184,024.13 3.37% 359,201.21 6,824,822.92 1-2 11,087,766.48 5.21% 1,663,164.97 9,424,601.51 2-3 6,161,055.76 2.89% 1,848,316.73 4,312,739.03 3 188,603,652.61 88.53% 171,525,273.31 17,078,379.30 213,036,498.98 100% 175,395,956.22 37,640,542.76 29

2005 6 30 64,477,216.18 1-5 23,069,300.11 3 20,753,533.73 98 99 8,296,887.55 3 6,198,114.00 3 122,795,051.57 56.16% 5%( 5%) (40% ) 67,856,447.40 67,856,447.40 3 23,069,300.11 23,069,300.11 3 20,753,533.73 10,376,766.86 4 5. 2004-12-31 2005-6-30 1 7,887,468.76 98.78% 1,693,024.49 94.20% 1-2 97,457.22 1.22% 97,457.22 5.43% 2-3 - - - 3 - - 6,700.00 0.37% 7,984,925.98 100.00% 1,797,181.71 100% 5%( 5%) 30

6. 2004-12-31 2005-6-30 5,177,781.74 49,487.18 5,128,294.56 2,364,339.40 49,487.18 2,314,852.22 114,559.08-114,559.08 90,603.57 90,603.57 16,947,639.07 2,357,449.19 14,590,189.89 22,650,685.03 2,357,449.19 20,293,235.85 2,552,057.73-2,552,057.73, 2,456,043.51 2,456,043.50 24,792,037.62 2,406,936.37 22,385,101.26 27,561,671.50 2,406,936.37 25,154,735.14 7. 2004-12-31 2005-6-30 221,621.43 221,621.43 82,212.64 15,999.22 98,211.86 303,834.07 15,999.22 221,621.43 98,211.86 8. 2004-12-31 2005-6-30 80,095,044.10 81,881.12-80,176,925.22-81,881.12 - -81,881.12 80,176,925.22-80,176,925.22-81,881.12 81,881.12 - - - - - - - - 31

-81,881.12 81,881.12 a. 2004-12-31 *5 ( ) 2005-6-30. 60% 60,000,000.00 69,587,617.43 - - - 69,587,617.43 100% 2,000,000.00 2,000,000.00 - - - 2,000,000.00 100% 412,420.18 412,420.18 - - - 412,420.18 60% 4,980,000.00 1,538,305.75 - - - 1,538,305.75-73,538,343.36 73,538,343.36. 100% 2,021,529.00 2,021,529.00 - - - 2,021,529.00 100% 3,000,000.00 3,000,000.00 - - - 3,000,000.00 100% 1,538,918.20 1,538,918.20 - - - 1,538,918.20 6% 38,134.66 38,134.66 - - - 38,134.66 25% 40,000.00 40,000.00 - - - 40,000.00-6,638,581.86 - - 6,638,581.86-80,176,925.22 - - 80,176,925.22 b. 2004-12-31 2005-6-30 69,587,617.43 - - 69,587,617.43 2,000,000.00 - - 2,000,000.00 412,420.18 - - 412,420.18 32

1,538,305.75 - - 1,538,305.75 38,134.66 - - 38,134.66 40,000.00 - - 40,000.00 2,021,529.00 - - 2,021,529.00 3,000,000.00 - - 3,000,000.00 1,538,918.20 - - 1,538,918.20 80,176,925.22-80,176,925.22 9. 2004-12-31 2005-6-30 80,162,897.46 33,524,941.44 4,221,643.22 2,252,720.83 120,162,202.95 6,946,786.72 73,216,110.74 411,229.73 33,936,171.17 112,123.00 1,097,118.00 3,236,648.22 16,407.01 2,269,127.84 539,759.74 8,043,904.72 112,658,057.97 19,139,550.63 1,015,084.75 1,052,081.55 19,102,553.83 9,980,260.79 2,938,828.41 1,555,333.78 33,613,973.61 86,548,229.34 1,005,524.85 10,985,785.64 219,758.16 978,604.00 2,179,982.57 113,531.00 1,668,864.78 2,353,898.76 2,030,685.55 33,937,186.82 78,720,871.15 33

10. 2004-12-31 2005-6-30 30,112.20 - - 30,112.20 30,112.20 - - 30,112.20 11. 2004.12.31 2005.6.30 138,455.96-138,455.96- - 138,455.96 138,455.96 12. 2004-12-31 2005-6-30 42,418,230.00 22,965,893.06-2,485,390.64 20,480,502.42 30 6 6,721,668.00 5,578,984.44-1,685,316.44 3,.893,668.oo 40 6 49,139,898.00 28,544,877.50-24,374,170.42 13. 2004-12-31 2005-6-30 1,802,953.22 8,941.62-1,811,894.84 9 108,612.00 108,612.00 5 1,802,953.22 117,553.62 1,920,506.84 14. 34

2004-12-31 2005-6-30-155,173,797.41-154,853,797.41 29,786,000.00 29,786,000.00 ( ) 2,450,000.00 20,286,000.00 2,450,000.00 20,286,000.00 121,297,797.41 120,977,797.41 ( ) 5,050,000.00 41,814,000.00 5,050,000.00 41,814,000.00 4,090,000.00 4,090,000.00 2,000,000.00 2,000,000.00 - - 157,173,797.41 156,853,797.41 23,598,000.00 2001.8.2 8.75% 11,935,000.00 1999.1.5 6.732% 7,330,000.00 2001.10.20 7.605% 2,700,000.00 2000.10.20 6.435% 2,900,000.00 2002.4.15 6.435% 101,597.41 1998.3.10 14.4% 3,000,000.00 1999.10.20 14.4% 5,796,000.00 1998.3.10 8.46% 3,000,000.00 2000.1.12 7.668% 1,190,000.00 2002.5.29 7.56% 4,000,000.00 1999.11.1 11.088% 3,000,000.00 1999.11.1 8.712% 35

3,500,000.00 2000.1.4 8.712% 12,420,000.00 1997.10.25 20,286,000.00 2001.1.4 7.1875% 2,000,000.00 1997.12.31 11.088 8,280,000.00 2000.4.2 8.775% 4,140,000.00 2000.3.29 7.875% 8,197,200.00 2000.6.20 7.125% 4,990,000.00 2000.5.26 7.605% 2,190,000.00 2003.6.12 6.903% 1,500,000.00 2004.4.9 5.841% 300,000.00 2002.9.20 5.3625% 6,000,000.00 2000.8 7.56% 5,000,000.00 2000.8 7.56% 147,353,797.41 25,807,597.41 285 2,359.8 2,292 72,325,597.41 5124.22 320,000.00, 320,000.00. 15. 2004-12-31 2005-6-30 500,000.00 1998.2.13 13.18% 500,000.00 10,000,000.00 1999.6.10 7.2% 10,000,000.00 10,500,000.00 10,500,000.00 36

16. 4,100,000..00 17. 11,748,660.02 5%( 5%) 18. 104,653.70 5%( 5%) 19. 2004-12-31 2005-6-30 3,255,018.51 3,381,180.40-88,721.82 96,257.05-6,286.63 50,138.48 51,647.75 63,950.33 2,288,145.36 2,551,744.53 225,819.98 231,514.41 16,752.25 28,245.69-5,742,375.40 6,403,030.89 20. 2004-12-31 2005-6-30 129,041.35 131,827.31 649,210.95 6492,10.95 37

778,252.30 781,038.26 21. 1 185,453,350.82 5%( 5%) ( ) 118,464,367.16 22. 2004-12-31 2005-6-30 47,954,227.55 49,778,308.48 47,954,227.55 49,778,308.48 23. 2004-12-31 2005-6-30 120,483,059.35 120,483,059.35 120,483,059.35 120,483,059.35 24. 2004-12-31 2005-6-30 2,408,803.00 - - 2,408,803.00 - - - - 2,408,803.00 - - 2,408,803.00 25. 38

( ) 2004-12-31 2005-6-30 1. 66,300,000.00 66,300,000.00 : 66,300,000.00 66,300,000.00 2. : 3. : 66,300,000.00 66,300,000.00 ( ) 1. 88,400,000.00 88,400,000.00 2. 3. 4. 88,400,000.00 88,400,000.00 154,700,000.00 - - - - - 154,700,000.00 26. 39

2004-12-31 2005-6-30 99,892,972.41 - - 99,892,972.41 382,557.87 - - 382,557.87 57,968,589.18 3,901,785.31-61,870,374.49 158,244,119.46 3,901,785.31-162,145,904.77 3,901,785.31 3,819 904.19 81,881.12 27. 2004-12-31 2005-6-30 11,778,240.66 11,778,240.66 6,066,288.58 6,066,288.58 17,844,529.24 17,844,529.24 28. 2004-12-31 2005-6-30-729,476,064.54 442,219.57 - -729,033,844.97 29. 2004 1-6 2005 1-6 2004 1-6 2005 1-6 2004 1-6 2005 1-6 4,357.92 2,172.00 4,532.28 2,172.00-174.36 509,449.00 1,494,877.00 463,619.50 867,417.50 458,299.50 627,459.50 62,659,286.44 65,788,385.06 51,199,171.24 58,535,746.47 11,460,115.20 7,252,638.59 40

63,173,093.36 67,285,434.06 51,667,323.02 59,405,335.97 11,505,770.34 7,880,098.09 30. 2004 1-6 2005 1-6 3,021,827.08 4,102,159.30 610,575.87 477,487.33 2,411,251.21 3,624,671.97 2005 1-6 2004 1-6 4,072,159.30 475,822.33 3,596,336.97 2,408,126.43 30,000.00 1,665.00 28,335.00 3,124.78 4,102,159.30 477,487.33 3,624,671.97 2,411,251.21 31. 2004 1-6 2005 1-6 7,721,378.82 2,169,932.00 8,596.55 34,576.04 3,593.72 6,457.59 7,716,375.99 2,141,813.55 72,325,597.41 32. 41

2004 1-6 2005 1-6 401854.55 210,000.00-300.00-9,723,852.45 10,126,007.00 210,000.00 33. 2004 1-6 2005 1-6 68,600.00 39,014.00 214,00.00 11,000.00 2,680,018.12 4,843.59 2,770,018.12 54,857.59 34. 2005 1-6 234,047.10 332,706.44 73,486.64 365,499.45 54,267.51 87,469.99 235,094.22 586,543.96 296,704.53 269,601.70 655,383.26 3,190,804.80 42

1 2004-12-31 1 - - - - 1-2 - - - - 2-3 3 153,538.57 2.75% 23,874.77 129,663.80 5,427,393.11 97.25% 3,825,749.55 1,601,643.56 5,580,931.68 100% 3,849,624.32 1,731,307.36 2005-6-30 1 - - - - 1-2 2-3 3 5,580,931.68 3,849,624.32 1,731,307.36 5,580,931.68 3,849,624.32 1,731,307.36 2. (1) 2004-12-31 2005-6-30 132,370,678.86 3,410,665.13 135,781,343.99 80,176,925.22 80,176,925.22 52,193,753.64 3,410,665.13 55,604,418.77 - - - 52,193,753.64 3,410,665.13 55,604,418.77 (2) 43

a. 2004-12-31 ( ) 2005-6-30. 60% 60,000,000.00 69,587,617.43 69,587,617.43 100% 2,000,000.00 2,000,000.00 2,000,000.00 100% 412,420.18 412,420.18 412,420.18 60% 4,980,000.00 1,538,305.75 1,538,305.75 14,205,148.08 51% 5,916,000.00 48.9% 30,564,912.00 14,738,367.70 2,562,247.09 17,300,614.79 2,056,497.16 193,978.66 2,250,475.82 35,398,888.78 654,439.38 36,053,328.16 125,732,097.00 3,410,665.13 129,142,762.13. 100% 2,021,529.00 2,021,529.00 2,021,529.00 100% 3,000,000.00 3,000,000.00 3,000,000.00 100% 1,538,918.20 1,538,918.20 1,538,918.20 6% 38,134.66 38,134.66 38,134.66 25% 40,000.00 40,000.00 40,000.00-6,638,581.86 - - 6,638,581.86-132,370,678.86 3,410,665.13 135,781,343.99 b. 2004-12-31 2005-6-30 69,587,617.43 - - 69,587,617.43 2,000,000.00 - - 2,000,000.00 412,420.18 - - 412,420.18 1,538,305.75 - - 1,538,305.75 38,134.66 - - 38,134.66 40,000.00 - - 40,000.00 44

2,021,529.00 - - 2,021,529.00 1,538,918.20 - - 1,538,918.20 3,000,000.00 - - 3,000,000.00 80,176,925.22-80,176,925.22 3. 2004 1-6 2005 1-6 ( ) 3,257,375.18 3,328,784.01 1,059,800.00 4,317,175.18 3,328,784.01 ( ) 1 6 42.86% 45

. 2004-12-31 ( ) 2005-6-30 600,000,000.00 600,000,000.00 2,100,000.00 2,100,000.00 880,000.00 880,000.00 8,800,000.00 8,800,000.00 3,000,000.00 3,000,000.00 50,000,000.00 50,000,000.00 100,000,000.00 100,000,000.00 8,300,000.00 8,300,000.00 6,660,000.00 6,660,000.00 5,000,000.00 5,000,000.00 2,000,000.00 2,000,000.00 USD7,300,000.00 USD7,300,000.00 12,000,000.00 12,000,000.00 4,800,000.00 4,800,000.00 USD2,000,000.00 USD2,000,000.00 2004 12 31 2005 6 30 % % % % 66,300,000.00 42.86 66,300,000.00 42.86 14,205,148.08 100.00 14,205,148.08 100.00 1,538,918.2 100.00 1,538,918.2 100.00 2,021,529.00 100.00 2,021,529.00 100.00 3,000,000.00 100.00 3,000,000.00 100.00 46

24,195,711.66 100.00 24,195,711.66 100.00 69,587,617.43 60.00 69,587,617.43 60.00 4,338,305.75 60.00 4,338,305.75 60.00 6,660,000.00 100.00 6,660,000.00 100.00 412,420.18 100.00 412,420.18 100.00 2,000,000.00 100.00 2,000,000.00 100.00 48.90 38,551,510.91 48.90 12,000,000.00 100.00 12,000,000.00 100.00 1,600,000.00 100.00 1,600,000.00 100.00 5,916,000.00 51.00 5,916,000.00 51.00 ( ) 1 126 5-8 15 2005 1-6 523,680.30 ( ) 2004-12-31 2005-6-30 3,210,168.67 3,210,168.67 1,308,477.75 1,308,477.75 2,262,379.00 2,262,379.00 4,125,267.37 4,125,267.37 130,663,847.16 118,464,367.16-47

22,813,968.21 22,813,968.21 2,519,175.83 2,509,175.83 841,210.97 891,210.97 1 1996 2004 12 31 8,371.00 6,071.00 2,300.00 2 2001 6 [ 2000 770 771 772 ] 1997 1170 2001 6 30 1143 2001 2004 12 31, 16,453,530.00 822,960.00 3 2001 8 [ 2001 336 ] 1998 12 3 490 2004 12 31, 7,051,163.00 373,527.00 48

4 2002 3 12 2001 567 1998 11 16 1450 1998 11 16 1999 11 15 2002 3 12 2001 11 15 2004 12 31, 21,323,131.24, 1,105,335.00 5 2001 5 1998 6 15 2300 2004 12 31, 32,936,000.00, 1,656,000.00 6 2002 3 22 2001 1200 2001 3 2 2002 3 7 1250 2002 3 29 2004 12 31, 15,744,870.27, 900,000.00 7 ( ), 1,368,468.00, 68,400.00 8 2003 2003 6 18 [2003] 49

506 507 508 2003 5 26 2000 2 23 245 500 300 2001 1 4 126 9-12 10 490 245 2028 50.16 416 490 148 300 70 10 490 300 2004 12 31, 10,200,000.00 9 [ 2001 225 ] 1993 2 5 363,687.55 363,687.55 2004 12 31 287,188.31 10 2000 11 2000 275 2000 12 5 2001 10 2001 211 21,374.00 10 2,374,843.70 59,631.71 24,622.00 22,222.00 2004 12 31 1,008,042.76 170,988.75 50

11 2002 11 8,2002 3,340,000.00 12 2002 7 3 2000 68/69 4 1 30 2 2002 3,614,000.00 2002 7 23 2000 68/69 7 1 640 2 3 2003 4 3 30 2003 3 26, 160,714.00 2003 182,500.00 2004 12 31 3,270,786.00 13 2001 8 14 2000 516 4,380,000.00 2003 4,380,000.00 2003 3 13 570,240.00 2004 12 31 3,809,760.00 14 51

137,867.96 15 2004 5 28 2004 183 1999 1 18 131,412.75 10 131 412.75 131,412.75 16 2003 2003 [3] 422 1994 11 5 340000 1994 12 1 1996 11 30 1996 4 5 100000 41000 1996 3 1 1996 5 31 1999 5 1999 12 2000 7 2001 11 1,397,984.00 2003 4 14 6,139,640.38 2003 12 2003 422 481,000.00 2,297,984.00 2003 12 31 1,683,000.00 2004 2 26 2004 27 2003 422 17 2001 5 2001 1648 1,737,839.06 2003 3 8 2001 1648 52

2005 6 30 126 9/12 29,958,489.00 28,186,000.00 126 1 3 1,500,000.00 10007 10009 10010 8,607,393.12 10008 10,000,000.00 2,806,776.82 3,500,000.00 23,633,135.99 6,000,000.00 11,000,000.00 58,686,000.00 126 9/12 4,900,000.00 3,000,000.00 10007 10009 10010 10008 1,000 53

0 0 54