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2 5 6 7 8 43 49 90 104 111 114 133 149 2015 1 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:01 CGS Contents(c) PN: (1 / 1) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

A bp 1 bp 1 1% 2007 1 26 H 06881 1.00 2015 12 31 ETF IB 100% 70% 30% 50% 83.32% 100% 2 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:02 CGS Definitions(c) PN: (2 / 4) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

100% H 1.00 78.57% IPO H 2013 5 22 QDII QFII 2015 1 1 2015 12 31 2015 3 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:02 CGS Definitions(c) PN: (3 / 4) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

RQFII 571 1. 2. 4 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:02 CGS Definitions(c) PN: (4 / 4) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

2015 262.6098.362014 130.10% 160.84% 21.33% 20H 2015 2016 A 2016 3 24 2015 5 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:03 CGS Chairman(c) PN: (5 / 5) User: MACTS021400 Modified at: 2016-04-15 05:29 Printed at: 2016-04-15 14:20

10 2015 6 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:04 CGS Important Notes(c) PN: (6 / 6) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

2015 7 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:04b CGS Significant Risks(c) PN: (7 / 7) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

1. China Galaxy Securities Co., Ltd. 2. 3. 95.37 606.38 4. (1) (2) (3) ETF (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) 8 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (8 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

(16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (32) (33) (34) (35) (36) (37) (38) (39) 2015 9 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (9 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

(40) (41) (42) (43) (44) (45) (46) (47) (48) (49) (50) (51) (52) (53) (54) (55) (56) (57) (58) (59) (60) (61) (62) (63) 10 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (10 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

(64) (65) (66) (67) (68) 5. 35 C 2-6 100033 35 C 2-6 100033 www.chinastock.com.cn yhgf@chinastock.com.cn 6. 183 35 3501-07 3513-14 7. 35 C 100033 010-66568338 010-66568640 E-mail wuchengming@chinastock.com.cn 8. 9. 10 11. H 6881 2015 11 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (11 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

2005 6 2005 8 82005 12 22[2005]163 4 [2006]3222007 1 26 60 2010 200 5% 2010 226 2008 5 9 2011 200 5% 2012 2 2012 62,887.8017 303 2012 10 82012 10 182012 11 272012 12 10 5% [2012]1495% [2012]1585% [2012]1665% [2012]171 2013 5 22H 2013 6 13 1,606,604,500 H69,345,743 H1,537,258,757 H 81.48 75.37 2015 5 520H95.37 12 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (12 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

2015 13 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (13 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

356 31 66 47 33 19 17 15 15 14 13 12 12 10 9 8 8 8 6 5 5 5 44 3 3 33 2 2 2 2 1 1 2 2 3 2 D 4 11 A 5 B33 6 C 19-26 7 48 501 B510-B513 C502-C503 8 195 A 101 202502504 14 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (14 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

9 65 301 302 10 336 3 11 90-108 12 18 1F/O 2F/203-213 13 9 9 908-912 14 16 15 39 D 16 36 17 C21 18 1 19 97 20 89 21 61 2015 15 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (15 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

22 C 17 18 1 2 23 63 73 02 03 09 10 11 24 70 25 52 26 173 27 216 2 28 359 104 2 203-2073 304-307 29 79 19 30 145 31 201 301 203 301 32 718 33 561 34 2011 16 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (16 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

35 69 262-267 36 642 11 2 37 118 38 53 39 123 40 155 41 296 IFC 42 6 7 43 382 44 456 45 31 46 21 47 16 48 59 49 76 3 50 4 6 7 2015 17 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (17 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

51 40 2 1-2 52 95 1-3 53 110 54 78 55 416 56 6 57 88 58 15 59 83 60 83 61 175 62 698 63 64 7 65 A3-6 66 135 18 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (18 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

67 2 68 147 101 69 179 70 20 2 71 94 1-2 72 16 73 74 53 75 8 76 123 77 139 78 9 79 86 80 3# 2 2015 19 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (19 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

81 518 1 3-1 82 19 5-15-2 83 166 7 1 84 10115 85 48 1 22-1# 22-7# 22-8# 22-9# 86 2917 401-406 408-412 87 188 88 5016 A 1701-01 89 701 702 703 705 706 90 88 27 2701 2713-2720 91 009 301 92 29 2908 2912 93 17 2 20 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (20 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

94 2020 13 1301-130215 1501-1506 95 162 96 3 97 1-2-101 98 6 1-3 99 25 C 5 100 75-87 101 726 102 393 103 11 9 104 400 A 7-A 105 69 106 6 201 107 207 209 211 2015 21 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (21 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

108 251 109 220 1 7-8 110 1 401 111 303 216-217 112 38-1 113 1021 3 4 114 13 115 626 116 883-885 117 128 118 705 119 193 120 393 121 73 122 375 123 30 22 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (22 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

124 62 125 158 126 21 127 160 128 50 1 3 129 67-71 401 402 130 146 131 132 109-125 133 528 134 201 135 663 1661 663 2-4 136 100 137 22 2015 23 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (23 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

138 20 139 106 140 2 141 112 142 51 143 855 1 15 144 124 145 3459 9 146 555-557 147 912 A 148 989 8 149 328 150 185 202 151 218 2 201-1 152 525 2 202 153 150 154 757 3 155 1316 24 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (24 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

156 118 12 13 157 11 158 518 159 205 160 889 5 161 833 162 265 101 201 163 92 15 164 186 165 57 166 419 167 1569 168 239 169 198 170 18-1 171 2015 25 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (25 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

172 5183 173 39 1# 1 12 13 1# 2 01 174 105 175 D-E D3 176 252 177 19 178 F-4 80 179 11 180 203 181 019 182 71 3 183 99 184 6 185 1999 26 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (26 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

186 1161 187 5 B 6 188 2 103 189 67 190 27 7 191 111 2 2 9 192 21 21-2 193 2 308 194 111 3-4 195 1 9 901-906 196 62 197 122 198 38 701-702 712-718 199 34 21-3 200 3 1 B 4 201 18 1-4D 03-3D 2015 27 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (27 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

202 620 B C D 203 10 204 19 6 205 B 1 D3481 A58 206 47 207 83 208 176 209 77 210 12-2 211 181 212 4 11 5-7 8 9 10 213 90112 214 126 215 55 2-3 216 106 28 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (28 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

217 98 218 156 219 17 220 229 11109 2208 209 221 168 222 85 223 59 4 224 30111 225 39 226 18 5 227 327 228 E 3 229 2 230 231 1266 232 66 2015 29 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (29 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

233 9 C5 102 234 1 104 235 1 236 509-18 237 2947 49 238 18 239 389 240 47-5 241 2 48 242 6 207 107 243 183-185 244 246-234 1 245 15 5 1 109 246 209-210 247 16 3 P1 30 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (30 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

248 20 40 249 74-15 250 66 251 988 2502 252 210 212 253 2 105 254 362 6 7 8 255 6 1112 1115 256 167 A 257 16 258 108 22 103 203 303 259 136 260 1048 18 1-1-138 2015 31 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (31 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

261 23 77 262 1-6 1-7 263 52 0101004 264 6 26 35 1-4 265 117 266 198 107 267 60 18#1 11 268 5 A-108 269 56 270 50 2 1-1 271 36 36 272 1049 273 838 106 32 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (32 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

274 3 C A 1 2 275 2 1 2 17 276 116 215 216 277 98 278 99 1 108 279 264-266 280 1 5 281 248 250 282 189 283 1 2 3 4 521 284 49 285 6 286 44 287 D9 D10 288 22 3 2015 33 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (33 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

289 2388 1 2 218 290 589 291 18 10 6-7 292 D 12 293 84 294 1-1 1-2 295 C4-19 296 111 2 101 297 46 298 32 299 1 10328 1-2 107 300 59 301 118 20 1 302 1 303 1367 033 304 945 108 34 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (34 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

305 24 306 16 307 2 308 1 3 A05 309 686 106 310 20 1001 311 99 C C1 103 312 295 313 12 201 205207208 314 585 106A 315 126 7 102 316 289 B B1-B4 B6 1 7 317 534 1-2 318 32 2015 35 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (35 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

319 2 10102 320 147149 151 321 13 9 10 322 268 606 607 323 1 03 324 2 6 17 325 1 37 326 36 302 327 101D 328 8911 220101 329 1 101 330 10 10 331 1955 1 36 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (36 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

332 A 6 333 680 682 334 102 109 335 B3-B6 B9-B131 2 06 336 31 A 337 809 4 338 433 201 339 58 340 38 341 7 4 342 50 1-2 343 7 9 344 139 345 554-3 101 2015 37 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (37 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

346 8-1 347 336 A 1-6 348 B 1AB 01102 349 1077 350 38 (1 2 12 351 17 352 967 23 967 353 182-18 354 299 11 1110-1111 355 12-1#109 356 15 107 331 356 2015 38 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (38 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

5 16 1 13 1302 2006 12 25 12 83.32% 010-68569588 35 1C 2 2009 10 21 10 100% 010-83571391 183 35 3501-07 3513-14 2011 2 9 10 100% (852)36986888 199 27 2701-3 35 C 607 2014 4 25 5 100% 010-83571302 99 24 2403 2015 12 10 3.5 100% 010-66568983 2015 39 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (39 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

36 1 111 2 988 25 01-03 3 327 4 99 24 04 5 3 28 6 5016 A 4301-02 7 3 601-8 2011 7 26 2011 11 22 500 010-58872713 2011 7 22 2011 11 22 500 0760-88361776 2011 8 23 2011 11 29 500 0731-85503740 2011 7 29 2011 11 29 500 021-20252659 2011 7 15 2011 12 15 500 0571-87048157 2011 6 21 2011 11 29 500 0755-82033335 2013 3 11 2013 5 3 500 022-83830348 8 168 2013 3 4 2013 5 3 500 0371-63969218 9 106-26 2013 3 11 2013 5 3 500 0971-8261669 10 6 7 2013 3 12 2013 5 3 500 0574-87681167 11 53 12 11 9 13 620 B C D 14 359 3 304 2013 3 14 2013 5 3 500 0351-8611197 2013 3 13 2013 5 3 500 0871-63645475 2013 3 13 2013 5 3 500 0411-84313089 2013 3 13 2013 5 3 500 025-86507045 40 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (40 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

15 1999 16 78 17 101 15 18 456 2 1 2013 3 19 2013 5 3 500 0431-82707737 2013 3 15 2013 5 3 500 0471-4955414 2013 3 18 2013 5 3 500 023-88128880 2013 3 12 2013 5 3 500 027-87841733 19 98 20 18 2013 3 20 2013 4 18 500 0311-83038259 2013 3 21 2013 5 3 500 0592-2224473 21 252 2013 3 25 2013 5 3 500 0451-53905558 22 59 (17-3) 2013 3 27 2013 5 3 500 024-23250200 23 57 2013 3 22 2013 5 3 500 0551-62609271 24 9 1 4 401 2013 3 21 2013 5 3 500 028-81148165 25 175 2013 3 29 2013 5 3 500 0535-6620358 26 39 1# 2 01 27 203 2013 4 2 2013 5 3 500 0591-88086506 2013 4 2 2013 5 3 500 0791-86283972 2015 41 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (41 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

28 100 2013 4 15 2013 5 3 500 0532-82962152 29 51 30 90 31 83 32 77 308 2013 4 24 2013 5 15 500 029-87884455 2014 5 15 2014 6 9 500 0991-2352257 2014 5 7 2014 5 28 500 0898-68500695 2014 5 8 2014 5 28 500 0931-8860651 33 126 2014 4 29 2014 5 28 500 0951-5051939 34 B 1 D348 1 A58 35 12-2 36 2 2014 5 22 2014 6 9 500 0851-87973559 2014 5 14 2014 6 5 500 0771-2262718 2014 5 15 2014 6 9 500 0891-6343149 42 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:05 CGS Company Profile(c) PN: (42 / 42) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:20

2015 2014 2013 26,259,945 11,412,329 130.10% 7,482,309 13,133,970 5,003,299 162.51% 2,893,018 9,835,510 3,770,727 160.84% 2,135,247 385,463 545,552-29.34% -301,510 10,800,919 18,629,960-42.02% -11,002,890 1.11 0.50 122.00% 0.31 0.31 21.33% 13.91% 7.42 9.69% 2015 2014 2013 12 31 12 31 12 31 300,655,552 180,025,706 67.01% 78,284,367 243,406,137 150,689,787 61.53% 52,862,701 117,992,209 78,407,509 50.49% 36,451,282 56,913,566 29,023,797 96.09% 25,174,828 9,537,259 7,537,259 26.53% 7,537,259 5.97 3.85 55.06% 3.34 (%) 1 68.66% 71.13% 2.47 39.23% 1 = 2015 43 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:06 CGS Indicators(c) PN: (43 / 48) User: MACTS021400 Modified at: 2016-04-15 05:26 Printed at: 2016-04-15 14:21

300 262.60 100 98.36 80 200 60 100 74.82 114.12 40 20 21.35 37.71 0 2013 2014 2015 0 2013 2014 2015 (%) (%) 25% 21.33% 80 71.13% 68.66% 20% 60 15% 10% 9.69% 13.91% 40 39.23% 5% 20 0% 0 2013 2014 2015 2013 12 31 2014 12 31 2015 12 31 44 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:06 CGS Indicators(c) PN: (44 / 48) User: MACTS021400 Modified at: 2016-04-15 05:26 Printed at: 2016-04-15 14:21

3500 3000 3,006.56 2500 2000 1,800.26 1500 1000 500 782.84 251.75 290.24 569.14 0 2013 12 31 2014 12 31 2015 12 31 2015 2014 2013 24,924,282 10,572,321 135.75% 6,843,930 12,669,629 4,834,850 162.05% 2,805,426 9,558,452 3,683,038 159.53% 2,125,149 246,068 540,090-54.44% -287,727 11,325,444 15,628,891-27.54% -12,214,983 1.08 0.49 58.06% 0.31 0.31 20.93% 13.68% 7.25 9.70% 2015 45 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:06 CGS Indicators(c) PN: (45 / 48) User: MACTS021400 Modified at: 2016-04-15 05:26 Printed at: 2016-04-15 14:21

2015 2014 2013 12 31 12 31 12 31 281,806,078 164,760,044 71.04% 69,590,186 225,548,350 135,965,152 65.89% 44,551,112 106,566,951 66,093,265 61.24% 29,193,684 56,257,728 28,794,892 95.37% 25,039,074 9,537,259 7,537,259 26.53% 7,537,259 5.90 3.82 54.45% 3.32 (%) 2 67.90% 70.82% 2.92 38.02% 2 = 250 249.24 100 95.58 200 80 150 60 100 50 68.43 105.72 40 20 21.25 36.83 0 2013 2014 2015 0 2013 2014 2015 46 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:06 CGS Indicators(c) PN: (46 / 48) User: MACTS021400 Modified at: 2016-04-15 05:26 Printed at: 2016-04-15 14:21

(%) (%) 25.00% 20.00% 20.93% 80.00% 60.00% 70.82% 67.90% 15.00% 10.00% 9.70% 13.68% 40.00% 38.02% 5.00% 20.00% 0.00% 0.00% 2013 2014 2015 2013 2014 2015 3000 2,818.06 600 562.58 2000 1,647.60 400 250.39 287.95 1000 695.90 200 0 2013 12 31 2014 12 31 2015 12 31 0 2013 12 31 2014 12 31 2015 12 31 2015 47 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:06 CGS Indicators(c) PN: (47 / 48) User: MACTS021400 Modified at: 2016-04-15 05:26 Printed at: 2016-04-15 14:21

2015 20142015 12 312014 12 31 2015 12 31 606.382014 12 31 254.62 138.15% 2015 2014 60,638,000,316.98 25,462,313,021.94 56,257,728,080.35 28,794,892,185.66 4,837,816,642.25 3,303,616,241.43 1253.42% 770.74% 107.79% 88.43% 50.96% 36.44% 47.28% 41.21% 29.39% 12.95% 79.88% 57.27% 48 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:06 CGS Indicators(c) PN: (48 / 48) User: MACTS021400 Modified at: 2016-04-15 05:26 Printed at: 2016-04-15 14:21

2015 2015 6 9.41%2015 A 253.30 10,381 244.77% 201514,432 92.56% 6 22,730 201511,743 14.50% 10 80.07bp 2.8212% 2015 16,540 24.282015 1219,458 48.5074.57% 35.25% 2015 262.60 130.10% 1. 208.342014 146.41% 2015 262.78 1.08 2014 247.62% Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (49 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 49

365*7*24 PB Prime Broker PB 2015 2014 271,621.83 77,113.75 252.24% 750.92 593.38 26.55% 52,669 1,020.04 21,139 40.16% 11.70% 691.27 14.70%5.89% 228.88 26.81%7.17%1 6.99%22015 2015 50 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (50 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

2015 2015 2015 2014 288,794 227,746 26.81% 7.17% 1 45,304.94 11,634.10 289.42% 6.99% 2 691.27 602.67 14.70% 5.89% 2 2079 300 2689 2015 229 4433 QFII 2016 PBPB Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (51 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 51

2. 2015 30 2015 8 + 50ETF 8.72 2014 28.90%152.39 0.86 15.05 28 29 A AA 2015 2014 152.39 92.38 64.96% 0.86 0.69 24.64% 15.05 8.00 88.13% 2016 2016 IB 2016 52 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (52 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

3. 32.952014 270.92% 2015 (1) (2) 8083.84 27.4 37.21 2015 (3) 2015 6 17 29,697 24.07 4.57 527 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (53 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 53

2016 PPN private placement note A 8.152014 20.04% 1. 2015A IPO 4IPO 54 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (54 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

(1) 1 IPO 9 2 287.8711 2 IPO 5 1100 (2) 74 Cronos2013 Seaco 120 2 (3) 2 ABS Asset-Backed Securitization 929 1ABN Asset-Backed Notes, 20, ABN 5 2015 456.7842015 3 24 (CSF)2015 ABS 3 ABS26 2015 2014 (%) 287.87 313.23-8.10% 12 15-20.00% 72 79-8.86% IPO Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (55 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 55

2016 2016 IPO 2. 2015 1,305 10,027.0920146.94 201546 782.98 Wind 2015 85 2014 56 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (56 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

2015 2014 154.88 18 413.33 33 99.50 10 110.00 3 42.00 2 132.00 5 454.30 12 219.10 13 32.30 4 30.50 4 782.98 46 904.60 58 2015 wind 2016 2016 SDR 3. 2015 5129226%2565 1,216.17 6.8 8.22015 1,910.62 14.6 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (57 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 57

2015 30 29 10.85 33 2015 2014 30 7 329% 29 7 314% 10.85 2.62 314% 33 4 725% 2016 2016 1. 2015A 58 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (58 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

2015 12 3 4.662014 145.27% 1,214.37 2014 319.24% 317.74870.96 25.67 140 46922 2015 2014 317.74 319.05 46 110.53 110.89 21 870.96 877.42 92 159.95 155.04 31 25.67 28.55 2 26 29.03 2 2016 FOF Fund of Funds 2. 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (59 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 59

1.22 2014 59.67% 2 2 5721 2016 2016 2015 A 28,589 A 3.28 2014 91.80%, 60 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (60 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

2016 2016 2015 2015 2015262.60 130.10% 98.36 160.84%1.11122.00% 21.33% 7.42 2015 3,006.5620141,800.2667.01% 2,434.0620141,506.90 61.53% 569.142014290.2496.09% Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (61 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 61

2015 1,302.3043.32% 919.29 30.58% 741.91 24.68% 43.05 1.42% 2015 H 2015 68.66%2014 71.13%2.47= 3.21 2015 3.50 8.29%= 386.30 2015108.01 2014 186.30 78.29 2015-233.20 2014-29.41203.79 2015508.79 2014 276.05232.74 2015 386.30 2014 433.0046.70 62 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (62 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

1. 2015 2014 12 31 12 31 389.24 73.22 316.02 52.18 21.84 30.34 165.06 23.24 141.82 27.28 10.95 16.33 144.28 16.49 127.79 0.44 0.00 0.44 0.00 0.70-0.70-3.27-0.63-2.64 * -0.08-0.37 0.29 * -0.01-0.02 0.00 0.24 0.00 0.24-3.41-0.24-3.17 0.00 0.00 0.00 318.43 113.05 205.38 113.11 86.46 26.66 14.43 3.63 10.80 1.58 2.73-1.06 19.49 1.52 17.98 32.74 0.12 32.63 123.09 11.63 111.46 13.99 6.96 7.03-0.51 0.00-0.51-0.51 0.00-0.51 703.89 185.64 518.25 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (63 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 63

2. 2015 0.13 0.13% -2.64-2.68% 0.00 0.00% -2.51-2.55% 3. 2015 2015 1 1 12 31 73.22 0.13 389.24 113.05 7.97-0.30 318.43-2.64 0.24-0.24-3.41-0.51 186.03-2.51 7.97-0.30 703.98 64 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (64 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

2014 2014 1 1 12 31 59.70 7.01 73.22 94.95 3.45-0.24 113.05 0.02-0.58-0.08-0.24 154.59 6.43 3.45-0.24 186.03 30% 3 2015 12 31 2014 12 31 1,025.82 518.12 507.70 97.99% 389.24 73.22 316.02 431.59% 217.91 74.05 143.86 194.28% 7.64 4.58 3.06 66.73% 21.67 8.90 12.77 143.51% 321.25 115.84 205.42 177.33% 105 ETF 3 1 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (65 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 65

2015 12 31 2014 12 31 31.19 2.50 28.69 1,147.64% 1.31 3.48-2.17-62.31% 2015 34 2015 11.91 8.12 3.78 46.59% 218.46 165.18 53.28 32.26% 10.00-10.00-100.00% 3.41 0.24 3.17 1,317.72% 2015 448.53 327.40 121.13 37.00% 1,179.92 784.08 395.85 50.49% 55.44 29.33 26.11 89.04% 10.81 5.77 5.03 87.14% 11.10 4.55 6.55 144.06% 25.08 3.76 21.32 566.20% 424.23 158.00 266.23 168.50% 2015 66 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (66 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

2015 12 31 2014 12 31 44.66 10.47 34.20 326.70% 216.73 47.98 168.75 351.67% 20H 5.99 2.14 3.85 180.23% 66.10 46.76 19.34 41.36% 139.94 82.54 57.40 69.53% 262.60 114.12 148.48 130.10% 2015 168.33 69.34 98.99 142.76% 152.04 53.60 98.44 183.65% 4.49 1.92 2.57 133.86% 46.95 28.05 18.91 67.41% 47.04 10.10 36.94 365.56% -2.51 6.43-8.93-139.00% 2.49 0.00 2.49 100.00% H Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (67 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 67

2015 12 31 2014 12 31 16.57 5.90 10.67 181.05% 1.42 0.41 1.01 248.72% 131.23 49.85 81.39 163.28% 131.34 50.03 81.31 162.51% 32.57 12.13 20.44 168.55% 98.77 37.90 60.86 160.57% 2015 2014 20,833.9 79.34% 8,455.0 74.09% 871.7 3.32% 676.3 5.93% 3,295.1 12.55% 888.4 7.78% 815.3 3.10% 1,019.5 8.93% 466.3 1.78% 190.1 1.67% 121.8 0.46% 76.3 0.67% 328.2 1.25% 171.1 1.50% -33.0-0.13% 143.5 1.26% -439.3-1.67% -207.9-1.83% 26,259.9 100.00% 11,412.3 100.00% 68 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (68 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

2015 2014 10,704.1 81.48% 4,337.4 67.48% 562.9 4.28% 494.7 7.70% 522.2 3.97% 157.7 2.45% 554.5 4.22% 732.5 11.40% 385.3 2.93% 151.2 2.35% 61.6 0.47% 55.9 0.87% 172.0 1.31% 121.2 1.89% 475.6 3.62% 481.3 7.49% -301.3-2.28% -104.2-1.63% 13,136.7 100.00% 6,427.7 100.00% 2015 2014 10,143.3 77.23% 4,134.9 82.64% 308.1 2.35% 185.5 3.71% 2,773.0 21.11% 730.7 14.60% 260.8 1.99% 287.9 5.76% 85.9 0.65% 38.6 0.77% 60.2 0.46% 20.3 0.41% 155.2 1.18% 49.7 0.99% -514.5-3.92% -340.7-6.81% -137.9-1.05% -103.6-2.07% 13,134.0 100.00% 5,003.3 100.00% Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (69 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 69

36 356 1. 30 [2015]4630 26 2. 17 2 15 3.5 2015 12 10 70 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (70 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

1. (1) 2015 12 312015251 2015 12 2015 1 30 2017 1 30 731 5.80% 2015 28 2015 1 30 2017 1 30 731 5.90% 2015 43 2015 4 10 2017 4 10 731 5.80% 2015 58 2015 4 24 2018 4 24 1096 5.60% 2015 110 2015 5 8 2017 5 8 731 5.70% (2) 2015 12 31201425 2014 15 2015 2 4 2018 2 4 1096 4.65% 2014 10 2015 2 4 2020 2 4 1826 4.80% Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (71 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 71

(3) 2015 12 31198.3 2014 32 2015 1 20 2015 7 22 183 5.00% 2014 2015 2015 2015 2015 26.3 2015 3 6 2016 3 6 366 5.02% 30 2015 3 24 2016 3 24 366 5.40% 20 2015 4 29 2016 4 29 366 5.20% 70 2015 6 15 2016 5 10 330 4.65% 20 2015 6 29 2016 6 29 366 5.30% (4) 2015 11 26500 360 12 2015 12 1 500 12 2015 12 14 55 6 2015 9 10 152 12 72 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (72 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

2. (1) H 2015 5 5 20H20 11.99H2015 4 28 12.53H (2) A 2014 4 252014H AA 1,693,510,473A A12 A A2014 8 29 2015 3 262015 H AA12 2016 3 242016HA A12 AA A Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (73 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 73

2015 7 421 21 7 62015 6 15% 78 (ETF) 2015 9 1 27 365*7*24 PB 2532015 213333.28 1. 74 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (74 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

2. 3. 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (75 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 75

1. VaR VaR 0.860.2% 2. 3. 76 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (76 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

61.99% AAA38.01% AA AA+ 2,609 31.7529.40 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (77 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 77

1. 2. (i) (ii)(iii) (iv) (v) (vi) (vii) (viii) (ix) (x) 78 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (78 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

1. 2. Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (79 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21 2015 79

3. 4. 1. 2. 80 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:07 CGS MD&A(c) PN: (80 / 80) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:21

2014 2015 6 29 2014 H 2014 H2014 0.788551.00H H 0.160354 2014 2015 8 20 2015 20159,558,452,091.45 1. 2015 (1) 10% 955,845,209.15 (2) 10% 955,845,209.15 (3) 10% 955,845,209.15 20156,690,916,464.00 2015 81 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (81 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2. (1) 20153,130,010,721.86 46.78% 2015 12 31 H 9,537,258,757 103.28188 3,130,010,721.86 (2) H 2015 20152015 H 1. H [2013]3252013 55.3 1,500,000,000 H 5.3 37,258,757 8,147,471,412.10 H8,147,533,679.63 6,498,257,233.72 214,098,999.21 6,284,158,234.51 H (1) 60% (2) 25% (3) 15% 2015 12 31 7,909,593,010.04 6,235,590,449.10 72,387,100.94 6,307,977,550.04 98,884,377.34H 82 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (82 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2. H 2015 520 H H 23.980.000.000.00 23,978,153,540.00 18,923,097,600.00 58,820,634.6018,864,276,965.40 H (1) 60% (2) 15% (3) 15% (4) 10% 2015 12 31 18,864,276,965.40 19,122,144,915.38 253,749,452.77 4,118,497.21 H47,413,719.06 H 1. H 25,515 3,715,415 729,241 10,892 1,580,977 425,789 6,284,158 100.00% 6,536 939,198 619,002 2015 83 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (83 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2. H 11,474,934 11,474,934 649,601 2,867,704 2,867,704 265,439 18,864,277 100.00% 2,867,704 2,867,704 65,413 1,911,803 1,911,803 153,522 84 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (84 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

18 2015 7 9 H 4,597 H XV(i) XV7 8 (ii) 352 (iii) 2015 85 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (85 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

H 38.70% H [1993]045 [2011]348 10%10% 10%(1)10% (2)10%20% (3) 20% H [2008]897 H2008 10% 86 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (86 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2015 2.97% 1. (1) 519 VIVI 2015 2014 2014 (2) 2015 87 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (87 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2. 3. (1) (2) 70 (3) (4) (5) 2015 4. (1) 2015 88 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (88 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

(i) (ii) (iii) (iv) (v) 2015 3 3 15 2015 5 2015 6 2015 11 2015 11 (2) (i) 2015 5 2015 6 2015 89 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (89 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

(ii) 2015 (3) 2015 11 (4) 2015 2015 2015 (5) Wind 2015 800 90 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (90 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

5. (1) 10 APP (2) VIP T+0 VIP 2015 1 6 108.52 365*7*24 2015 91 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (91 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

(3) PB PB 2015PB PB (4) T+0 2015 2015 2 9ETF IT (5) 6. (1) 2015 276 (2) 20152013-2014 [2013]37 173 92 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (92 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

(3) (4) 7. (1) (2) (3) 2015 100% (4) 2011 8 6,000 (5) 2015 2015 93 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (93 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

8. 200 20151 100 50 20157 700 2015 7 6,5002,000 200 2015442.9 2016 3 24 94 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:08 CGS Directors(c) PN: (94 / 94) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

13 2 110 7.4 1,000 2014 1. 20082010 8 2011 9 2012 3 192012 2 6 232.8868.07 1,100.87 2014 3 21 2014 4 122014 12 18 2015 4 142015 9 2. 2013 3 1214 8 2015 95 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:09 CGS Important matters(c) PN: (95 / 101) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2013 4 15 861.4 2015 6 102015 7 16 2015 11 19 20159,717.95 20151,900.16 5,376.31 946.441,184.98 745.502,636.67 1,000 51 51(1) 51(4)14A 14A 2013 5 2 (1) (2) (3) (4) 96 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:09 CGS Important matters(c) PN: (96 / 101) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2015 12 29 2018 12 31 54.71% 2015 12 31 57,500 2,000 2018 12 31 53,00058,000 64,000 4,000 6,0008,000 0.15 2015 2015 7,311.35 10,948.54 5,001.95 1,081.88 24,343.72 57,500.00 1,031.29 1,031.29 2,000.00 1. 2. 3. 4. 5. 2015 97 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:09 CGS Important matters(c) PN: (97 / 101) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

14A (1) (2) (3) a. b. c. d. 2015 8 72015 98 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:09 CGS Important matters(c) PN: (98 / 101) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2015 1 16 2015 1 16 2015 4 24 2015 5 5 2015 5 8 2015 5 29 2015 6 8 2015 6 29 2015A AA 2015 2015 99 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:09 CGS Important matters(c) PN: (99 / 101) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

1. 2016 1 27[(2016) 2 ] 2013 4 9 1.6 2014 4 25 2014 5 16 9 2.19 2. 2016 3 7 20132014 2015 1 2015 11 16 10 2015 12 11 1,608.3383 2016 3 24 40 50 100 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:09 CGS Important matters(c) PN: (100 / 101) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

1. 2015 11 6[2015]77 1 2015 11 18 2. 2015 1 16 2014 3 0.01% (1) (2) (3) 50 3. 2016 1 31 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:09 CGS Important matters(c) PN: (101 / 101) 101 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

H 5,217,743,240 89.25% 54.71% 628,530,884 10.75% 6.59% H H 3,690,984,633 100% 38.70% 20 H9,537,258,757 5,846,274,124H 3,690,984,633 37H 1,150 10 5,217,743,240 54.71% 0 0 5,217,743,240 1 3,690,984,633 38.7% 2,000,000,000 3,690,984,633 _ 114,381,147 1.20% 0 0 114,381,147 110,000,000 1.15% 0 0 110,000,000 90,514,398 0.95% 0 0 90,514,398 60,000,000 0.63% 0 0 60,000,000 38,804,706 0.41% 0 0 38,804,706 28,983,000 0.30% 0 0 28,983,000 19,454,230 0.20% 0 0 19,454,230 13,617,961 0.14% 0 0 13,617,961 1 H 54.71%2005 8 8 70 102 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:10 CGS Substantial Shareholders(c) PN: (102 / 104) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

XV23336 H 1 2 5,217,743,240 54.71% 89.25% 5,217,743,240 54.71% 89.25% H 217,087,000 2.28% 5.88% BlackRock, Inc. 3 H 188,070,435 1.97% 5.10% H 607,500 0.01% 0.02% China Minsheng Investment H 198,000,000 2.08% 5.36% Corp., Ltd. 4 Wenze International Investment Limited 5 6 H 198,000,000 2.08% 5.36% 5 H 198,000,000 2.08% 5.36% 6 H 198,000,000 2.08% 5.36% JPMorgan Chase & Co. 7 H 185,108,955 1.94% 5.01% H 28,072,311 0.29% 0.76% H 70,550,334 0.74% 1.91% 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:10 CGS Substantial Shareholders(c) PN: (103 / 104) 103 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

1 336 2 78.57%5,217,743,240 3 BlackRock, Inc.188,070,435 H607,500 H1,681,000 H 4 China Minsheng Investment Corp., Ltd. CMI Financial Holding Corporation 100% CMI Financial Holding Corporation 198,000,000 H 5 Wenze International Investment Limited 50% Wenze International Investment Limited198,000,000 H 6 Wenze International Investment Limited 50% Wenze International Investment Limited198,000,000 H 7 JPMorgan Chase & Co. 185,108,955 H 114,524,121 H JPMorgan Chase & Co. 34,500 HJPMorgan Chase & Co.70,550,334 H JPMorgan Chase & Co. 3,289,000 H 10,822,311 H 7,263,500 H 3,289,000 H 161,000 H 3,397,811 H 2015 12 31 336 2,000,000,000 H 104 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:10 CGS Substantial Shareholders(c) PN: (104 / 104) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

58 2010 1 5 174.44 2015 6 29 57 2010 3 30 2010 4 30 2012 5 11 2012 12 19 173.47 2015 6 29 55 2005 12 31 2007 1 0 2015 6 29 53 2009 8 21 2012 8 16 339.33 2015 6 29 63 2005 12 31 2007 1 0 2015 6 29 58 2011 8 19 0 2015 6 29 72 2005 12 31 2007 1 13.79 2015 6 29 53 2011 4 22 29.83 2015 6 29 77 2013 1 25 12.77 2015 6 29 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (105 / 123) 105 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

55 2013 1 25 24.77 2015 6 29 57 2012 11 20 258.41 2015 6 29 53 2015 6 29 0 60 2015 6 29 0 66 2015 6 29 13 65 2015 6 29 12 57 2015 6 29 663.38 59 2005 12 31 2007 12007 2 12 168.53 2015 6 29 53 2005 12 31 2007 1 260.05 2015 6 29 106 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (106 / 123) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

64 2013 5 22 6.75 2015 6 29 62 2012 11 20 264.00 2015 6 29 52 2013 5 22 269.84 2015 6 29 50 2015 6 29 247.80 56 2015 6 29 6 53 2007 82012 12 19 166.01 50 2007 82012 12 19 167.30 51 2013 8 26 301.83 45 2012 3 23 2012 12 19 339.33 42 2012 12 31 339.33 46 2012 4 23 2012 12 19 339.33 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (107 / 123) 107 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

46 2011 11 18 2012 12 19 339.33 45 2011 11 18 2012 12 19 339.34 2010 4 15 1 2015 7 2 2015 108 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (108 / 123) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2008 7 2009 12 2009 122011 62012 12 2013 10 2011 6 2011 2 2015 1 2015 2 2005 9 2015 12 McGill (Swiss Trust Advisors AG) 2006 1 2014 7 2014 7 2012 12015 11 2002 1 2008 5 2011 6 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (109 / 123) 109 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2012 9 2005 8 2011 7 2012 9 2012 3 2014 7 2014 10 2015 3 2015 12 10 2011 6 2013 12 2014 9 2011 7 110 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (110 / 123) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

1. 3 1. 1958 3 2010 1 2008 7 2009 122011 6 2011 6 2012 6 2012 6 2013 101997 51999 12 1999 122002 62002 62007 12 1982 1 1985 112002 3 2. 1959 3 2010 34 2012 5 2012 12 2011 22011 62015 1 1987 82002 8 2002 82007 1 2007 1 2008 102010 72009 9 2010 32010 42010 10 1982 11987 9 3. 1963 12 2009 8 2012 8 2012 12 1985 82009 6 2009 62012 7 2011 5 2012 71985 7 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (111 / 123) 111 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2. 4 1. 1963 3 2015 6 2015 2 1993 22003 9 2003 122014 121986 7 1989 72011 6 2. 1958 1 2011 8 1983 81986 9 1986 101998 1 1998 22007 9 2007 92011 11 600638 2008 112011 112009 10 2011 11 2008 6 3. 1956 9 2015 61982 11993 1 1993 12004 8 2004 82010 10 2005 92015 122015 6 1982 11988 2 4. 1959 1 2015 6 1981 11986 12 1997 12000 7 2000 82007 12 2008 12011 52011 62015 6 1986 12 1997 7 112 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (112 / 123) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

3. 4 1. 1963 6 2011 4 2006 1 (McGill) 2014 7(Swiss Trust Advisors AG) 1987 51989 8 1995 71996 6(Windsor) 1996 72001 5 (McGill) 1997 71998 62001 6 2005 9 (McGill)2004 3 2010 6 2007 42013 12 2007 102009 1 2008 82011 12 2009 82011 8 1983 7 1987 6 1996 5(Concordia) 2. 1950 9 2015 61979 81994 2 1994 32010 10 2012 12015 11 1979 81998 4 1998 11 3. 1961 4 2013 1 2002 1 1995 72002 1 1982 7 1987 10 (Concordia) 1989 5 1990 51992 5 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (113 / 123) 113 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

4. 4. 5 1951 8 2015 62008 5 1977 11984 8 1987 81993 6 1993 6 1987 7 1. 1957 7 2005 12 2007 12 1989 82000 9 1995 61998 6 2000 72005 7 2005 82011 61983 7 2. 1963 4 2005 12 2007 1 2005 8 2011 7 1985 81992 11 1992 112000 72000 92003 12 2003 12 2005 12 1985 7 114 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (114 / 123) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

3. 1964 10 2013 51990 7 1993 61993 61997 6 1997 72000 9 2000 92007 1 2007 1 1987 7 1990 7 4. 1966 5 2015 6 29 1989 91992 6 1992 71995 11 1995 121999 5 1999 62002 6 2002 7 1989 71997 11 5. 1960 2 2015 6 2919851992 1992199719972005 20052011 3 2011 42014 10 2014 10 2015 3 19821985 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (115 / 123) 115 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

5. 1. 1963 1 1997 32000 3 2000 92007 1 2007 12007 82007 82012 102012 122015 12 1984 7 1990 22000 12 2. 1966 9 1998 52002 12 2003 12007 1 2007 8 2011 62012 12 1988 7 2003 12 116 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (116 / 123) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

3. 1965 9 1989 71993 91993 92001 12 2001 122005 12005 12011 6 2011 72012 11 2012 12 2013 22014 12 2013 22013 8 1986 71989 6 2009 10 (EMBA) 4. 1971 12(FCCA) 1993 7 1999 12 1996 121999 12LCCI 1999 122009 12 2007 122009 12 2009 122011 122012 1 2012 2 2012 3 2012 122013 12 1995 12 2001 7 2009 6 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (117 / 123) 117 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

5. 1974 3 1997 72003 3 2003 92005 52005 92007 4West Asset Management 2007 42008 6EARNEST Partners LLC2008 62011 112012 12012 12 2012 122014 9 1997 72003 12005 5 6. 1970 9 2008 72012 4 2012 42012 12 1993 7 2005 6 2009 1 7. 1970 11 1997 42005 12 2006 12007 12 2007 122010 6 2010 72012 42011 32012 8 2011 72011 11 2012 122016 1 1994 61997 6 2005 1 2005 10 118 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (118 / 123) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

8. 1971 10 2000 12003 9 2003 92010 2 2007 12010 22010 3 2010 4 2011 11 2012 121993 7 1996 7 1999 8 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (119 / 123) 119 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2015 6 292014 2014 2015 6 292014 2014 (2013 1 1 20152015 120 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (120 / 123) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

10,091 9,173 (%) (%) 7,648 75.79% 7,598 82.83% 537 5.32% 0 0.00% 332 3.29% 311 3.39% 67 0.66% 0 0.00% 49 0.49% 47 0.51% 13 0.13% 0 0.00% 150 1.49% 134 1.46% 90 0.89% 75 0.82% 268 2.66% 231 2.52% 433 4.29% 372 4.06% 330 3.27% 283 3.09% 174 1.72% 122 1.33% 10,091 100.00% 9,173 100.00% 73 0.72% 69 0.75% 1,062 10.52% 905 9.87% 5,724 56.72% 5,188 56.56% 3,232 32.03% 3,011 32.82% 10,091 100.00% 9,173 100.00% 30 4,424 43.84% 3,993 43.53% 3140 3,019 29.92% 2,683 29.25% 4150 2,270 22.50% 2,145 23.38% 51 378 3.75% 352 3.84% 10,091 100.00% 9,173 100.00% 3,892 38.57% 3,540 38.59% 1,813 17.97% 1,684 18.36% 1,204 11.93% 1,081 11.78% 3,182 31.53% 2,868 31.27% 10,091 100.00% 9,173 100.00% 302 135 300 135 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (121 / 123) 121 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

(1) (2) (3) (4) (5) 122 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (122 / 123) User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

868 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:11 CGS DSSM&S(c) PN: (123 / 123) 123 User: MACTS021400 Modified at: 2016-04-15 05:27 Printed at: 2016-04-15 14:22

2015 4 2 1 H 1. 2015 3 26 2015HA A 2. 2015 3 26 HA A 3. 2015 3 26 HHA A 124 2015

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1. 2015 3 272015 < 2014 ><2012 2013 >2014 2. 2015 5 122015 3. 2015 6 122015 4. 2015 6 292015 5. 2015 12 2920152015 5 5 5 5 3 3 3 3 5 5 2 2 2 2 2015 6 292014 2014 140 2015

2014 2015 2011201220132014 5 3 2014 2015330 H 80 H 250 2015 IPO 748.5 315 IPO 433.5 2015 2015 141

2016 3 24 2016 3 24 3.2915 www.chinastock.com.cn E.1.2 71 76 2015 142 2015

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1. 2015 12 31 2. 144 2015

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IB IB 2121 356 356 2015 2015 146 2015

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6 8 20152014 2015 12137.10 2015 5H 188.64 A 5. 22 1,845 30,87802,044,348 290,50710113 2014 2015 2,075,226 2,044,348 30,8782015 536,735 290,507 1,867 1,845 22 88 101 13 0 0 148 2015

2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:14a CGS Notes(c) PN: (149 / 307) 149 User: MACTS021400 Modified at: 2016-04-15 14:20 Printed at: 2016-04-15 14:22 trans: HCLS/SCLS/NIL

150 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:14a CGS Notes(c) PN: (150 / 307) User: MACTS021400 Modified at: 2016-04-15 14:20 Printed at: 2016-04-15 14:22 trans: HCLS/SCLS/NIL

2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:14a CGS Notes(c) PN: (151 / 307) 151 User: MACTS021400 Modified at: 2016-04-15 14:20 Printed at: 2016-04-15 14:22 trans: HCLS/SCLS/NIL

152 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:14a CGS Notes(c) PN: (152 / 307) User: MACTS021400 Modified at: 2016-04-15 14:20 Printed at: 2016-04-15 14:22 trans: HCLS/SCLS/NIL

2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:14a CGS Notes(c) PN: (153 / 307) 153 User: MACTS021400 Modified at: 2016-04-15 14:20 Printed at: 2016-04-15 14:22 trans: HCLS/SCLS/NIL

154 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:14a CGS Notes(c) PN: (154 / 307) User: MACTS021400 Modified at: 2016-04-15 14:20 Printed at: 2016-04-15 14:22 trans: HCLS/SCLS/NIL

2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:14a CGS Notes(c) PN: (155 / 307) 155 User: MACTS021400 Modified at: 2016-04-15 14:20 Printed at: 2016-04-15 14:22 trans: HCLS/SCLS/NIL

156 2015 Production4:Annual Report:16030959-China Galaxy AR(c)-sim:14a CGS Notes(c) PN: (156 / 307) User: MACTS021400 Modified at: 2016-04-15 14:20 Printed at: 2016-04-15 14:22 trans: HCLS/SCLS/NIL