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2016

2 3 18 22 24 26 28 29 30 1

288 1601 183 17 1712-16 () UFJ () () 00570 http://www.china-tcm.com.cn 2

3,199,290,000 1,422,067,000 125.0% 2,054,739,000 64.2%1,144,551,000 35.8% 1,833,689,000 856,705,000 114.0%57.3% 60.2%2.9 545,076,000 490,776,000 123.2% 101.8% 2015 51119.5 8.07 36.1%10.98 6.44 5.54 3

30% 1. 56 4

1 2,054,739 1,685,305 21.9% (853,427) (795,940) 7.2% 1,201,312 889,365 35.1% 469,075 349,969 34.0% 381,101 299,237 27.4% 58.5% 52.8% 5.7ppt 18.5% 17.8% 0.7ppt 2,054,739,000 1,685,305,000 21.9%52.8% 5.7 58.5%(1) (2) 469,075,000381,101,000 34.0% 27.4% 1730% 1850,000,000 86.2% 5

2. 2 1,144,551 1,422,067-19.5% (512,174) (565,362) -9.4% 632,377 856,705-26.2% 196,270 291,202-32.6% 163,975 244,229-32.9% 55.3% 60.2% -4.9ppt 14.3% 17.2% -2.9ppt 1,144,551,000 1,422,067,000 19.5% (1) (2) 55.3% 60.2%4.9 196,270,000 32.6% 163,975,00032.9% 27,711,000 6

3. 105 4. 21 9 4 357 (1) (2) 2015 150 7

(3) (1) (2)(3) 354 4 4 4 6 (I) (III) RCT COPDRRTI 3 8

5. 83,500,000 100,200,000 100% 2016-2030 9

8 10

100% 3,199,290,000 1,422,067,000 125.0% 1,144,551,000 1,422,067,000 19.5% 1) 2) 2,054,739,000 1,365,601,000 565,362,000 141.5% 1,833,689,000 856,705,000 114.0%57.3% 60.2%2.9 512,174,000 565,362,000 9.4% 632,377,000 856,705,000 26.2%55.3% 60.2% 4.9 853,427,000 50,934,0001,201,312,000 58.5% 11

27,815,000 33,460,000 16.9% 2,938 27,747-89.4% 7,123 5,169 37.8% 1,570 544 188.6% 11,631 33,460-65.2% 10,203 5,981 16,184 1,412,000 7,689,0007,689,000 150,0009,842,000 1,562,000 12

876,909,000 445,484,000 158,275 225,309-29.8% 140,312 144,307-2.8% 9,731 14,464-32.7% 39,807 61,404-35.2% 348,125 445,484-21.9% 21.9% 30.4% 31.3% 277,182 25,964 30,179 195,459 528,784 2,404,000 25.7% 13

287,355,000 123,274,000 32,682 32,361 1.0% 9,520 9,282 2.6% 16,497 50,065-67.0% 58,699 91,708-36.0% 26,168 31,566-17.1% 84,867 123,274-31.2% 31.2% 6,042,000 7.4% 8.7% 36,846 7,812 83,967 128,625 73,863 202,488 1,240,000 9.9% 14

698,652,000 329,096,000 112.3% 21.8%23.1%1.3 210,866,000 329,096,000 35.9% 23.1%18.4% 487,786,000 54,578,000 23.7% 34,161,000 37,894,000 2,739,649,000 1,397,965,000 2.50% 4.77% 854,000 10.98 8.07 36.1% 101.8% 490,776,000 243,243,000 52,242,000 4,431,505,630 4,469,364,749 3,015,543,308 15

6,720,589,000 6,872,568,000 1,984,290,000 2,137,886,00049,620,000 36,030,000 3,381,210,000 3,398,227,000 4,884,757,000 4,485,029,000 1,835,832,000 2,387,539,000 1.4 1.5 22.0% 23.9% 289,290,000 11.8% 314,182,000 2.8% 2,739,649,000 2,450,359,000253,647,000 462,080,000 133,377,000 346,279,000 2,739,649,000 1,600,059,000850,300,000 723,348,000211,548,000 241.9% 942,461,000 1,124,003,000 16.2%500,000,000 61,782,0006,730,523,000 6,533,637,000394,091,000 16

10 9,698 9,420 4,5773,5331,588 330,400,000 228,952,000 17

6.44 5.54 183 17 1712-16 XVXV78 352 376,735,042 8.50% 1 376,735,042 8.50% 2 1. 376,735,042 2. 376,735,042 18

352 336 1,614,313,642 36.43% 1 1,614,313,642 36.43% 1 376,735,042 8.50% 376,735,042 8.50% GIC Private Limited 100,532,000 2.27% 2 213,674,000 4.82% 2 19

1. 1,614,313,642 2. GIC Private Limited2 336 52,242,000 188,150,160 15,206,000 3.80 3.44 53,692,760 19,728,000 3.80 3.56 72,412,680 17,308,000 3.65 3.50 62,044,720 52,242,000 188,150,160 52,242,000 188,150,160 20

13.51(2) 13.51B(1) 21

24 56 34 34 2410 34 22

23

4 3,199,290 1,422,067 (1,365,601) (565,362) 1,833,689 856,705 5 27,815 33,460 5 1,412 7,689 (876,909) (445,484) (187,324) (91,708) (100,031) (31,566) 6 (34,161) (37,894) 854 7 665,345 291,202 8 (120,269) (46,973) 545,076 244,229 10 (16,963) 545,076 227,266 490,776 243,243 (8,651) 490,776 234,592 54,300 986 (8,312) 54,300 (7,326) 545,076 227,266 24

545,076 227,266 (15,873) (11,256) 529,203 216,010 474,903 223,336 54,300 (7,326) 529,203 216,010 11 10.98 8.07 (0.29) 10.98 7.78 25

2,446 2,513 12 1,798,152 1,669,254 12 340,624 307,666 142,372 135,678 13 6,621,310 6,680,449 13 3,317,176 3,341,045 89,188 88,136 113,951 111,367 12,425,219 12,336,108 620 100,594 14 1,352,907 1,235,861 15 3,381,210 3,398,227 1,562 16 49,620 36,030 1,934,670 2,101,856 6,720,589 6,872,568 17 1,913,177 2,660,470 18 2,739,649 1,600,059 143,134 148,580 88,797 75,920 4,884,757 4,485,029 1,835,832 2,387,539 14,261,051 14,723,647 26

1,669,483 1,668,745 82,383 64,389 18 850,300 1,751,866 2,583,434 12,509,185 12,140,213 19 9,809,935 9,809,935 1,637,619 1,323,437 11,447,554 11,133,372 1,061,631 1,006,841 12,509,185 12,140,213 27

( a) ( b) 9,809,935 (60,578) 190,170 (53,039) 1,242,980 11,129,468 708,293 11,837,761 3 3,904 3,904 298,548 302,452 9,809,935 (60,578) 190,170 (53,039) 1,246,884 11,133,372 1,006,841 12,140,213 490,776 490,776 54,300 545,076 (15,873) (15,873) (15,873) (15,873) 490,776 474,903 54,300 529,203 13 41,198 41,198 19 (160,721) (160,721) (160,721) (40,708) (40,708) 9,809,935 (76,451) 190,170 (53,039) 1,576,939 11,447,554 1,061,631 12,509,185 2,542,246 (116,909) 157,946 (53,039) 653,512 3,183,756 73,366 3,257,122 234,592 234,592 (7,326) 227,266 (11,256) (11,256) (11,256) (11,256) 234,592 223,336 (7,326) 216,010 6,533,637 6,533,637 6,533,637 9,075,883 (128,165) 157,946 (53,039) 888,104 9,940,729 66,040 10,006,769 (a) (b) 28

723,348 211,548 17 (870,779) (175,194) (87,582) (16,891) 100,594 13 3,601 (620) (500,000) (576,497) 16,828 40,076 (942,461) (1,124,003) 1,466,726 866,277 (1,196,472) (630,385) 19 (160,721) 6,533,637 (47,751) (39,006) 61,782 6,730,523 (157,331) 5,818,068 2,101,856 439,416 (9,855) 1,031 1,934,670 6,258,515 29

1. 34 662(3)6 3 406(2) 407(2) (3) 2. 30

2. 11 1 16 38 16 41 10 12 28 3. 13(a) 87.3% 5,389,508 (2,048,463) 3,341,045 3,638,341 3,042,108 6,680,449 125,546 (14,179) 111,367 (81,880) 5,960 (75,920) (148,663) 84,274 (64,389) (901,497) (767,248) (1,668,745) 302,452 11,129,468 3,904 11,133,372 708,293 298,548 1,006,841 302,452 31

4. 1,144,551 1,422,067 2,054,739 3,199,290 1,422,067 10% 32

4. 10 (i) EBITDA EBITDA 1,144,551 2,054,739 3,199,290 3,199,290 EBITDA 256,380 580,552 836,932 836,932 2,938 10,203 13,141 13,141 15,450 18,711 34,161 34,161 56,995 110,512 167,507 167,507 9,467,611 13,132,751 22,600,362 22,600,362 5,290,738 3,103,955 8,394,693 8,394,693 33

4. (i) 1,422,067 1,422,067 3,444 1,425,511 EBITDA 343,984 343,984 (10,278) 333,706 27,747 27,747 82 27,829 37,894 37,894 849 38,743 56,037 56,037 6,590 62,627 7,915,089 13,177,149 21,092,238 21,092,238 3,996,393 3,350,268 7,346,661 7,346,661 (ii) 3,199,290 3,199,290 1,422,067 3,444 1,425,511 836,932 836,932 343,984 (10,278) 333,706 29,227 29,227 41,149 488 41,637 854 854 (167,507) (167,507) (56,037) (6,590) (62,627) (34,161) (34,161) (37,894) (849) (38,743) 665,345 665,345 291,202 (17,229) 273,973 34

4. (ii) 22,600,362 21,092,238 (3,570,687) (2,095,523) 19,029,675 18,996,715 620 100,594 1,562 113,951 111,367 19,145,808 19,208,676 8,394,693 7,346,661 (3,570,687) (2,095,523) 4,824,006 5,251,138 143,134 148,580 1,669,483 1,668,745 6,636,623 7,068,463 (iii) 35

5. 6,610 2,542 6,494 2,627 1,570 544 13,141 27,747 27,815 33,460 3,061 (1,816) 1,562 9,842 (888) (67) (2,323) (270) 1,412 7,689 6. 34,161 37,894 36

7. 10,029 3,949 67 68 90,216 29,808 4,158 3,062 73,066 23,099 52,727 6,051 4,620 1,396 100,031 31,566 8. 119,570 59,746 2,508 697 122,078 60,443 (1,809) (13,736) 120,269 46,707 120,269 46,973 10 (266) 120,269 46,707 37

8. 25% (1) 15% 15% 15% (2) [2011] 58 15% 10% 25% 5% 13,108,000 103,441,000 60,763,000 9. 6.445.54 285,389,000 38

10. 31%139,500,000 31% 139,148,000 20% 4 3,444 (2,179) 1,265 488 (11) (18,122) (849) (17,229) 8 266 (16,963) 39

10. (406) (82) (488) 849 5,126 967 6,093 4,635 111 1,844 27 738 (10,740) (821) (849) (12,410) 40

11. (a) 490,776 234,592 10.98 7.78 490,776 243,243 10.98 8.07 (8,651) (0.29) (b) 4,483,747 2,533,899 481,644 (14,382) 4,469,365 3,015,543 41

12. 175,194,000 79,649,000 39,730,000 41,449,000 18(i) 13. 5,389,508 3,638,341 (2,048,463) 3,042,108 3,341,045 6,680,449 b 11,131 13,235 692 (35,000) (73,066) 3,317,176 6,621,310 42

13. 100,391 100,391 23,664 23,664 26,055 26,055 11,221 11,221 733,037 733,037 139,184 139,184 37,116 37,116 18,558 18,558 a 2,208,980 2,243,980 b 11,131 2,449 2,449 5,390 5,390 3,317,176 3,341,045 43

13. 3% 3% 15.75% 19.92% 15.75% 19.92% (a) 87.3% 8,758,337,000 145,599,000 45,601,000 99,998,000 8,758,337,000 44

13. (a) 863,116 863,116 120,450 120,450 39,899 39,899 2,791,872 3,035,388 5,827,260 783,252 783,252 1,575,091 1,575,091 227,827 227,827 448,134 448,134 44,321 (14,409) 29,912 (874,928) 91,724 (783,204) (83,553) (83,553) (675,973) (766,240) (1,442,213) 5,259,508 2,346,463 7,605,971 8,758,337 968,727 122,887 (7,605,971) 2,243,980 45

13. (a) 122,887,000 35,000,000 2,243,980 (35,000) 2,208,980 (b) 100% 34,000,000 46

13. (b) 49,392 20,871 13,235 16,094 4,700 37,601 (28,326) (49,500) 64,067 34,000 41,198 (64,067) 11,131 (34,000) 37,601 3,601 47

13. (b) 10,440,000 236,000 3,220,680,000 543,110,000 14. 311,844 332,248 408,477 497,737 599,903 362,534 1,320,224 1,192,519 26,032 30,420 6,651 12,922 1,352,907 1,235,861 48

15. 30 180 0 90 2,006,280 2,378,541 91 180 641,358 403,268 181 365 452,033 433,311 365 47,968 2,506 3,147,639 3,217,626 233,571 180,601 3,381,210 3,398,227 93,647,000 269,004,000 18(i) 16. 32,050,000 18(i)49,620,000 3,980,000 49

17. 746,767 508,688 1,064,091 1,976,222 102,319 175,560 1,913,177 2,660,470 105,448,000 1,011,227,000 0 90 517,873 380,548 91 180 166,897 72,767 181 365 45,013 23,778 365 16,984 31,595 746,767 508,688 18. 253,647 462,080 2,486,002 1,988,279 2,739,649 2,450,359 50

18. 2,739,649 1,600,059 850,300 2,739,649 2,450,359 (i) 12 39,730 41,449 3,776 15 93,647 269,004 16 32,050 133,377 346,279 (ii) 2,279,391,000 1,718,025,000 51

19. 2,533,899 2,542,246 a 1,949,848 7,267,689 4,483,747 9,809,935 b (52,242) 4,431,505 9,809,935 (a) 4.683.75 1,538,425,000 213,674,0004.2123.370 197,749,000 7,199,974,000 (b) 188,716,000 160,721,000 52,242,000 15,206,000 3.80 3.44 53,885 19,728,000 3.80 3.56 72,641 17,308,000 3.65 3.50 62,190 52

20. 1 3 1 21 3 620 594 1 100,000 2 620 100,594 1,562 2 1 2 3 53

21. 13,339 1,954 36,723 3,240 3,956 5,990 54,018 11,184 22. 240,169 237,225 1,280,000 1,520,169 237,225 54

23. 13 118,532 214,304 4 118,532 214,308 2,900 5,970 940 6,344 160,574 238,579 49,356 52,903 55

23. 4,463 3,669 135 148 4,598 3,817 56