(GRI) 2006 2014 1 1 2014 12 31

(GRI) 2006 2014 1 1 2014 12 31 www.timeselectric.cn

7 1. 9 2. 2014 11 1. 15 1.1 15 1.2 15 2. 16 2.1 17 2.2 18 2.3 19 3. 20 3.1 20 3.2 21 3.3 22 3.4 22 23 1. 25 2. 26 27 2

1. 29 1.1 29 1.2 30 1.3 31 2. 31 2.1 31 2.2 36 2.3 37 3. 38 1. 40 1.1 41 1.2 43 2. 47 2.1 47 2.2 48 2.3 49 3. 49 3.1 49 3.2 51 3.3 51 4. 52 4.1 52 4.2 53 4.3 54 3

57 1. 57 2. 57 1. 58 2. 59 3. 59 59 1. 60 1.1 61 1.2 61 1.3 63 1.4 63 2. 64 2.1 65 2.2 66 2.3 75 4

1. 76 1.1 76 1.2 78 2. 78 1. 80 2. 81 1. 82 2. 82 3. 83 4. 84 5. 84 6. 86 1. 86 2. 87 3. 88 4. 90 5. 90 6. 96 7. 97 5

1. 98 2. 98 2.1 99 2.2 100 2.3 100 2.4 101 1. 102 2. 103 3. 3.5 112 4. 113 5. 2014 114 6. 115 7. 116 117 6

2014 7

8

1. 2005 2006 12 20 H 03898.HK IEC/TC9 9

10

2. 2014 2014 2012 2013 2014 724,886 885,596 1,267,620 965,746 1,339,848 1,692,490 140,378 170,358 275,491 71,054 116,782 144,834 480,275 569,455 787,641 2,523,059 2,578,406 4,196,184 37,949 41,141 47,019 * 2014 11

12

2012-2014 1.13 1.33 2.04 2014 12,676 3,704 4,759 1,207 2012 2013 2014 1,584 2,906 3,704 2,229 2,315 4,759 928 956 1,207 976 1,103 1,149 613 571 575 489 523 430 430 482 852 7,249 8,856 12,676 13

2012-2014 2012 2,565 2013 1,653 2014 8,229 2014 107,666 77,217 25,203 5,246 14

1. 1.1 15

1.2 9 4 2014 11 4 1 1 2 2014 2 16

2014 19 2014 2. 5 17

2.1 5 18

2.2 2014 2014 2 2.3 19

3. 2014 3.1 2014 2014 20

3.2 2014 300 20 2014 21

3.3 2014 3 2014 53 194 844 25 15 6 3 4 2014 7040 3 3.4 2014 39.6% 2014 22

2014 1 2014 2 2014 QC 3 4 2014 120 5 160 HXD1D 6 7 3 CRH380A-001 TAX07 8 2014 9 2014 IGBT 10 2014 2 3300V-6500V IGBT 11 2014 WD-320 12 2014 IGBT 23

2014 13 2014 4400HP 14 2014 15 16 17 2014 18 19 47 20 21 2014 (ZL201010184481.8) 22 23 24 IE 1 2 25 26 2013 27 28 2014 29 2014 30 2014 31 2014 32 2014 33 2014 34 2014 35 2014 36 24

1. 2014 25

2. 26

2014 27

28

1. 1.1 CMMI PLM 29

1.2 7.84%,2014 460 30

1.3 45% 32 6 100000 IGBT 3G 20 2. 2.1 2014 34 2014 58 19 100% 31

2.1.1 2014 20E IDU WTD FFCCTV 21 20E 27 32

2.1.2 3 2 3300V/1200A IGBT 5 1200V/800A IGBT 74V AC/DC 50 33

2.1.3 2014 1:1 34

2.1.4 2014 1500V 3M3T B 1:1 230kW 35

2.2 2014 44 30 12 2823.8 36

2.3 2014 372 212 2014 1304 60.7% 577 39.7% 146 2014 1 (ZL201010184481.8) 3 2012 169 2013 183 2014 372 724 37

3. 2014 IEC/TC9 (TCN) 2-7 (WLTB) 7 IEC/TR 61375-2-7:2014 (TCN) 2-7 (WLTB) 4 IEC/TC9 12 11 4 IEC/TC9 5 38

2014 16 10 3 2 1 2014 14 6 3 5 39

1. 40

1.1 ISO9001:2008 IRIS RAMS 41

ISO9001:2008 IRIS 02 2005 (BSI)ISO9001:2000 2009 11 2008 2010 10 (TUV) ISO9001:2012 10 2014 12 31 ISO9001 2008 10 (TUV) IRIS 01 2012 10 2014 10 28 IRIS BSI TUV BV TUV BV CMMI Level 3 2009 12 C M M I - system 3 SEI EN15085-CL1 2012 11 EN15085- CL4 2014 7 5 EN15085-CL1 SLV BV 42

2011 2013 2013 AA 2013 AAA 1.2 43

44

IT QC AOI X-RAY 45

ESD MSD 46

2. 2.1 10 138 2004 47

2.2 800 878 8968 400 8899 927 64 48

2.3 3. 3.1 49

2014 148 18 14 8 9 10 6 8 16 22 37 100% 90% 86 50

3.2 2013 1.9% 3.3 51

4. 2014 4.1 2012 RAMS RAMS LCC RAMS LCC RAMS/LCC DTECS-2 TPX21C RAMS RAMS RAMS RAMS 6 52

4.2 2013-2014 18 CRCC 1 2 CRCC10213P10959R1L 2013/7/17 2 2 CRCC10213P10959R1L-1 2013/10/29 3 2 CRCC10213P10959R1L-2 2013/10/29 4 DC600V 9 CRCC10213P10959R1L-3 2013/10/29 5 2 CRCC10213P10959R1L-4 2013/10/29 6 2 CRCC10213P10959R1L-5 2013/10/29 7 14 CRCC10213P10959R1L-6 2013/10/29 8 3 CRCC10213P10959R1L-7 2013/10/29 9 1 CRCC10213P10959R1L-8 2013/11/6 10 1 CRCC10213P10959R1L-9 2014/1/8 11 1 CRCC10213P10959R1L-10 2014/1/8 12 3 CRCC10213P10959R1L-11 2014/1/14 13 5 CRCC10213P10959R1L-12 2014/1/14 14 2 CRCC10213P10959R1L-13 2014/1/14 15 4 CRCC10213P10959R1L-14 2014/1/14 16 1 CRCC10213P10959R1L-15 2014/1/14 17 3 CRCC10213P10959R1L-16 2014/2/19 18 12 CRCC10213P10959R1L-17 2014/2/19 53

4.3 (CNAS) (CRCC) RAMS RAMS 60m3 5m 3 2.8m 3 20t 3m 3.5m 3 2.75 EMC 54

RAMS EMC 55

EMC EMC EMI 18GHz,EMS 8GHz 3G 56

1. 2012 26 28 15 69 2013 35 50 12 97 2014 37 89 20 146 2014 2014 146 100% 2. 2012 39.5 39.5 100% 2013 40 40 100% 2014 41 41 100% 57

2014 2014 41 41 100% 1. 2006 ISO14001 2014 10 (BSI) ISO14001 3 ISO14001 58

2. 3. 59

1. 2014 1250 8.3% 2014 390 60

2014 1.1 1600 230 1.2 (1) 258 30 (2) 61

(3) 15 62

1.3 575 LED LED 60% 953.9 200 LED 1.4 (1) 75kW 63

(2) 75kW 2. 2014 64

2.1 1 65

2 2014 2.1 3 2.2 2014 66

1. 20 180 100% 2. 200 4 78 8 IGBT 5 67

3. (1) 385 BI 60 17 71 0.4 0.9 (2) 120 68

(3) 35 (4) 69

4. 3 11 256 35 101 270 10 12 5. (1) 100 500 70

(2) 337 (3) 18 (4) 71

6 (1) (2) 51 45 72

(3) 7 9.18 73

(1) 5 (2) 11.9 74

2.3 1 2 3 4 5 6 75

2014 12 31 7280 DYNEX 1. 1.1 5% 2014 2.06% 76

77

1.2 IGBT 2. 78

2007 79

1. 80

236 109 102 25 2013 40 PPT 3000 90% 2014 742 241141H 58.1H 82% 18% 4111 93.7% 2. 2014 81

1. 2014 3 2014 2. 2014 EHS EHS EHS EHS OHSAS18001 OHSAS18001 82

3. 2014 100% 100% 44 EHS 67 61 68 130 2014 1 608 2 1314 3 61 4 68 5 107 6 37 7 21 8 130 9 536 10 517 11 5607 12 EHS 40 13 1836 14 10924 83

4. 2014 2014 150 5. 2014 4 12 2 461 347 1430 2151.42 84

2014 1 18 461 461 100.0% 2 347 1430 1430 100.0% 2014 1 15.6 2 16.5 3 10.7 4 1 5 259.2 6 1568.45 7 279.97 8 2151.42 85

6. 147 96.6% 2014 608 563 18 27 400 2014 1. 86

150 2. 2014 10523 100% 1 2 148 3 87

4 2014 8963 5 2014 18 472 3. 1 88

2 89

4. 2014 4316 1862487 5. 1 PK 90

2 91

3 4 92

93

94

95

6. 2014 96

7. 1500 78 97

1. 1. 2. 3. 4. 5. VMI 6. 7. 8. 9. 69 15 2. 98

2.1 7 99

2.2 2014 56 85% 95% 98% 2014 4.5 2000 2014 2 200 2.3 2014 8 142 82 100

2.4 8 400 101

2014 1. 2014 22.97 4.3 2735 102

2014 92 14.8 15 31500 2. 103

1) 2) 2014 3 15 150 104

105

3) 41 106

4) A 107

B 108

C 109

D 66 110

E 111

3. 3.5 20 6 4 100 80 112

4. 80 113

5. 2014 10 logo 114

6. 2014 115

7. 1100 116

1 2 IGBT 3 4 117

5 6 118