600684 2004

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1 GUANGZHOU PEARL RIVER INDUSTRIAL DEVELOPMENT CO.,LTD : GZPR 2 3 362-366 30 020-83752408-808 020-83752663 prh_777@163.com 362-366 30 020-83752439 020-83752663 yangb28@hotmali.com 4 362-366 30 362-366 30 510060 http://www.gzzjsy.com gzzjsy@gzzjsy.com 5 http://www.sse.com.cn 6 600684 7 1992 12 23 2003 8 20 362-366 30 4401011104119 44010219048157X 5022 B 11 2

20,741,693.77 16,181,490.67 8,822,485.09 37,265,559.28 566,458.87 18,697,747.66 2,241,547.90-197,601.79-62,301,402.09 3,445,212.76 1 7,986,171.83 2 120,285.27 3-317,887.06 4 160,050.00 5 3,034,970.38 6-3,624,584.84 7,359,005.58 2004 2003 2002 158,235,900.62 119,551,675.74 161,590,774.11 16,181,490.67 16,091,159.18 15,046,203.40 897,181,182.39 813,983,884.52 873,423,695.71 625,521,900.51 609,160,062.59 600,981,908.10 0.09 0.09 0.08 3.34 3.26 3.21 3.24 3.15 3.10-0.33 0.26 0.14 (%) 2.59 2.64 2.50 1.41 1.56 2.04 (%) 3

187,039,387.20 359,597,477.78 25,132,920.99 21,066,401.18 16,323,875.44 609,160,062.59 180,347.25 1,618,149.07 809,074.53 16,181,490.67 18,789,061.52 2,427,223.60 2,427,223.60 187,039,387.20 359,777,825.03 26,751,070.06 21,875,475.71 30,078,142.51 625,521,900.51 16,361,837.92 16,181,490.67 180,347.25 ( 9 ) (%) 5.96 6.04 0.20 0.20 2.99 3.03 0.10 0.10 2.59 2.62 0.09 0.09 1.41 1.43 0.05 0.05 4

1 + - 1 12,903,437.00 74,100,940.20 2 3 4 : 87,004,377.20 1 100,035,010.00 2 3 4 100,035,010.00 187,039,387.20 12,903,437.00 74,100,940.20 87,004,377.20 100,035,010.00 100,035,010.00 187,039,387.20 2 (1) (2) 1993 9 2250 1993 10 28 1993 10 5 1994 5 600 1995 8 10 2 1997 11 10 3 187,039,387.2 187,039,387.20 (3) 5

1 49,960 2 A 49,958 2 : ( ) (%) 0 74,100,940.2 39.62 0 12,903,437 6.90 178,497 263,200 0.14 238,152 238,152 0.13 23,400 217,687 0.12 0 186,850 0.10 170,000 170,000 0.09 0 166,371 0.09 160,000 160,000 0.09 0 150,000 0.08 3 1 10,414 1983 9 9 2 3 4 100% 100% 100% 39.62% 6

4 5 A B H 263,200 A 238,152 A 217,687 A 186,850 A 170,000 A 166,371 A 160,000 A 150,000 A 147,100 A 143,400 A ( ) 1 / 40 2002-04-18 2005-04-17 33,435 46,435 +13,000 60 2002-04-18 2005-04-17 26,000 26,000 0 56 2002-04-18 2005-04-17 6,750 6,750 0 51 2003-06-26 2005-04-17 0 11,000 +11,000 49 2002-04-18 2005-04-17 12,300 22,300 +10,000 / 49 2002-04-18 2005-04-17 17,100 25,100 +8,000 / 45 2002-04-18 2005-04-17 24,630 32,830 +8,200 50 2002-04-18 2005-04-17 0 0 0 47 2002-04-18 2005-04-17 0 0 0 42 2003-06-26 2005-04-17 0 0 0 41 2003-06-26 2005-04-17 0 0 0 60 2002-04-18 2005-04-17 16,800 28,207 +11,407 51 2002-04-18 2005-04-17 9,254 13,854 +4,600 36 2002-04-18 2005-04-17 3,000 8,000 +5,000 50 2002-04-18 2005-04-17 12,040 16,240 +4,200 35 2002-04-18 2005-04-17 2,500 6,300 +3,800 38 2003-03-26 2005-04-17 0 18,800 +18,800 / 39 2002-04-18 2005-04-17 14,822 22,122 +7,300 52 2002-04-18 2005-04-17 14,600 21,700 +7,100 7

2001 2003 1998 7 2003 6 26 8

9 2 1 2

3 : 189.04 76.44 76.44 5 /. 4 7 5 20 4 15-20 4 2005 167 25 167 166 93 1 8 9 9 7 2 1 11 30 38 3 10 10

1 7 7 0 0 7 7 0 0 7 7 0 0 7 7 0 0 2 1 2 3 4 11

5 2001 2003 80% 1 2004 4 28 2003 2004 5 28 9 00-12:00 75-79 15 87,182,603.2 46.62% 2003 2003 2003 2003 2004 5 29 2003 12

2004 390 2005 2004 3,300 2005 2004 15,823.59 1,618.15 0.09 2.59% 1 1 2 : 140,932,149.06 106,968,942.37 33,963,206.69 24.10% 17,259,891.56 5,480,761.29 11,779,130.27 68.25% 43,860.00 43,860.00 158,235,900.62 112,449,703.66 3 2004 2 13

1 1,713 2004 12 31 18,817.03 15,557.41 345 2 250 2004 12 31 2,624.3 80.99 1,266.09 22 3 2004 6 390 367 4 2004 10 2004 4.38 1.82 3 1 2004 7,936.86 67.78% 2 66,272,637.00 47.02% 4 2004 1 2 3 4 1 2 1 5,000 2004 12 31 2,884.18 2,467.57 2 5,910 98.5% 390 3 1,975 98.75% 14

4 3,300 2004 2003 897,181,182.39 813,983,884.52 83,197,297.87 625,521,900.51 609,160,062.59 16,361,837.92 37,265,559.28 44,279,127.42-7,013,568.14 16,181,490.67 16,091,159.18 90,331.49 3,445,212.76 2,167,015.57 1,278,197.19 1 83,197,297.87 2 16,361,837.92 16,181,490.67 180,347.25 3 7,013,568.14 4 1,278,197.19 20% 30% 20% 30% 30% 0.20% 2005 15

2005 1 1 2 80% 3 4 5 2 3 4 5 6 7 1 1 2004 2 25 2004 2003 2003 2003 2003 2003 2004-002 2 28 2 2004 4 26 2004 2004 2003 2004-004 2004 4 28 3 2004 6 28 2004 2004-007 16

2004 6 30 4 2004 8 18 2004 2004 2004-009 8 21 5 2004 9 29 2004 2004-011 10 12 6 2004 10 25 2004 2004 7 2004 12 29 2004 6,600 2005-001 1 5 2 2004 2004 16,181,490.67 10% 1,618,149.07 5% 809,074.53 2,427,223.60 16,323,875.44 30,078,142.51 2005 2005 2004 2004 2004 ( 2003 56 ) 17

1 2004 12 31 7,749.75 2 2004 12 31 ( ) 2004 12 31 56 4,400.00 4,400.00 200.00 200.00 49.75 49.75 100.00 100.00 2,000.00 1,000.00 1,000.00 2,000.00 2,000.00 7 [2003]56 2004 18

1 2004 2 25 2004 2003 2003 2 2004 8 18 2004 2004 2004 2005 021 2004 1997 1999 19

1 2 1 5,000 1,500 2000 2004 3 12 2004 3 12 10 11 2004 10 12 2004 10 19 90 2004 221 11 19 12 29 6,600 6,600 6,600 2005 1 14 2005 3 2 931.9 2005 1 16 2004 475 2000 1 28 12 4,000 5 59,017 37,067 3 2 2001 6 11 20

1999 9 1 10% 2,000 39.62% 2005 2,000 28.5% 1,710 1999 1999 9 1 10% 2,000 1 2 3 4 5 6 5% 5% 2004 25 5 21

18,906,323.62 18,906,323.62 22

(2005) 021 2004 12 31 2004 2004 12 31 2004 2005 3 28 23

2004 12 31 : 1 74,475,298.05 71,030,085.29 19,370,563.32 69,571,622.92 2 24,675,743.60 18,760,358.13 24,675,743.60 18,760,358.13 3 160,111,827.39 106,539,451.33 110,463,645.59 91,690,476.86 4 1,030,000.00 2,500,000.00 1,000,000.00 2,500,000.00 5 563,314,227.32 523,151,074.88 533,974,827.28 509,208,380.35 30,497.50 58,903.94 30,497.50 58,903.94 823,637,593.86 722,039,873.57 689,515,277.29 691,789,742.20 : 6 58,578,662.08 79,761,683.85 245,810,110.16 188,122,880.64 6 500,000.00 500,000.00 500,000.00 500,000.00 59,078,662.08 80,261,683.85 246,310,110.16 188,622,880.64 : 7 15,589,544.63 15,017,695.34 12,700,404.67 12,281,618.67 : 7 7,979,233.81 7,588,029.84 5,728,699.53 5,286,868.74 7 7,610,310.82 7,429,665.50 6,971,705.14 6,994,749.93 : 7,610,310.82 7,429,665.50 6,971,705.14 6,994,749.93 7,610,310.82 7,429,665.50 6,971,705.14 6,994,749.93 : 8 950,787.50 975,324.02 950,787.50 975,324.02 9 5,903,828.13 3,277,337.58 2,194,976.98 2,704,554.28 6,854,615.63 4,252,661.60 3,145,764.48 3,679,878.30 897,181,182.39 813,983,884.52 945,942,857.07 891,087,251.07 24

: 10 87,500,000.00 100,000,000.00 87,500,000.00 100,000,000.00 - - - - 11 165,417.83 219,272.31 155,417.83 209,272.31 12 1,266,322.12 2,329,418.00 53,000.00 2,000,000.00-7,788.75 407,713.44 390,606.09 192,974.57 11,851.06 14 645,171.85 4,995,390.71 645,171.85 4,995,390.71 15 5,693,433.06 3,385,013.03 5,842,081.23 3,663,259.94 16 3,800,405.71 1,531,792.50 3,800,339.92 1,531,792.50 13 24,936,089.97 40,813,971.45 121,483,401.31 164,610,024.36 17 6,743,068.90 7,080,096.65 4,568,569.85 4,905,597.60 131,149,834.13 160,745,560.74 224,240,956.56 281,927,188.48 : 18 96,180,000.00 96,180,000.00 96,180,000.00-96,180,000.00-227,329,834.13 160,745,560.74 320,420,956.56 281,927,188.48 44,329,447.75 44,078,261.19 19 187,039,387.20 187,039,387.20 187,039,387.20 187,039,387.20 20 359,777,825.03 359,597,477.78 359,777,825.03 359,597,477.78 21 48,626,545.77 46,199,322.17 48,626,545.77 46,199,322.17 21,875,475.71 21,066,401.18 21,875,475.71 21,066,401.18 22 30,078,142.51 16,323,875.44 30,078,142.51 16,323,875.44 625,521,900.51 609,160,062.59 625,521,900.51 609,160,062.59 897,181,182.39 813,983,884.52 945,942,857.07 891,087,251.07 25

2004 26 23 158,235,900.62 119,551,675.74 154,742,040.62 119,551,675.74 23 112,449,703.66 68,502,121.95 112,260,325.82 68,502,121.95 24 8,520,637.68 6,770,426.37 8,338,825.38 6,770,426.37 37,265,559.28 44,279,127.42 34,142,889.42 44,279,127.42 : 25 566,458.87 3,268,404.98 7,914.74-46,293.66 789,318.57 5,361,001.65 789,318.57 5,361,001.65 26 11,656,395.97 22,418,940.79 8,096,190.59 19,164,580.50 27 6,688,555.95 2,889,936.20 6,748,046.01 2,908,298.74 18,697,747.66 16,877,653.76 18,517,248.99 16,798,952.87 : 28 2,241,547.90 1,083,735.86 2,261,799.19 1,087,670.04 - - - - 29 120,285.27 87,061.27 118,036.33 87,061.27 : 29 317,887.06 82,739.00 317,887.06 56,921.22 20,741,693.77 17,965,711.89 20,579,197.45 17,916,762.96 : 4,559,016.54 1,872,866.63 4,397,706.78 1,825,603.78 1,186.56 1,686.08 16,181,490.67 16,091,159.18 16,181,490.67 16,091,159.18 16,323,875.44 2,646,390.14 16,323,875.44 2,646,390.14 32,505,366.11 18,737,549.32 32,505,366.11 18,737,549.32 1,618,149.07 1,609,115.92 1,618,149.07 1,609,115.92 809,074.53 804,557.96 809,074.53 804,557.96 30,078,142.51 16,323,875.44 30,078,142.51 16,323,875.44 30,078,142.51 16,323,875.44 30,078,142.51 16,323,875.44 ---- ---- ---- ---- ( ) ---- ---- ( ) ---- ---- ---- ---- ---- ----

2004 99,918,836.42 95,459,908.30 30 15,228,259.52 32,733,503.45 115,147,095.94 128,193,411.75 95,863,617.63 56,059,769.68 8,883,047.78 8,417,469.42 14,612,886.24 14,224,849.63 30 58,088,946.38 86,602,551.92 177,448,498.03 165,304,640.65-62,301,402.09-37,111,228.90 - - 20,335,192.84 20,335,192.84 - - 4,653,943.04 4,653,943.04 148,445.38 11,893.20 25,137,581.26 25,001,029.08 1,737,424.92 1,361,037.55 29,841,760.38 108,691,760.38 - - 31,579,185.30 110,052,797.93-6,441,604.04-85,051,768.85 250,000.00 169,000,000.00 169,000,000.00 169,250,000.00 169,000,000.00 85,320,000.00 85,320,000.00 11,718,061.85 11,718,061.85 - - - - 97,038,061.85 97,038,061.85 72,211,938.15 71,961,938.15-23,719.26 3,445,212.76-50,201,059.60 27

2004 16,181,490.67 16,181,490.67 1,186.56-7,986,171.83-7,986,171.83 828,285.54 806,882.36 24,536.52 24,536.52 980,911.50 663,241.80 28,406.44 28,406.44-337,027.75-337,027.75-1,564.91 684.03-6,708,333.60 6,748,046.01-2,241,547.90-2,261,799.19 - -40,163,152.44-24,766,446.93-33,853,177.30 976,030.03-8,870,627.47-36,961,132.78 6,398,716.68 9,772,031.72-62,301,402.09-37,111,228.90 74,475,298.05 19,370,563.32 71,030,085.29 69,571,622.92 3,445,212.76-50,201,059.60 28

2004 19,961,390.89 - - 19,961,390.89 19,961,390.89 19,961,390.89 574,834.71 3,591,182.07 4,166,016.78 574,834.71 3,591,182.07 4,166,016.78 32,217,107.42 814,425.34 15,750,890.14 17,280,642.62 35,217,107.42 814,425.34 15,750,890.14 17,280,642.62 2,500,000.00 3,359,110.90-5,859,110.90 2,500,000.00 3,359,110.90 5,859,110.90 - - - - - - - - 29

2004 ( ) 187,039,387.20 187,039,387.20 - - ( ) 187,039,387.20 187,039,387.20 359,597,477.78 358,158,513.11 180,347.25 1,438,964.67 ( ) 180,347.25 1,438,964.67 - - ( ) 359,777,825.03 359,597,477.78 25,132,920.99 23,523,805.07 1,618,149.07 1,609,115.92 1,618,149.07 1,609,115.92 1,618,149.07 1,609,115.92 - - ( ) 30

26,751,070.06 25,132,920.99 12,890,581.14 11,272,432.07 5,446,285.59 5,446,285.59 8,414,203.33 8,414,203.33 21,066,401.18 20,261,843.22 809,074.53 804,557.96 809,074.53 804,557.96 - - 21,875,475.71 21,066,401.18 16,323,875.44 2,646,390.14 ( ) 16,181,490.67 16,091,159.18 2,427,223.60 2,413,673.88 ( ) 30,078,142.51 16,323,875.44 31

2004 ( ) [1992]10 ( ) [1993]50 1993 9 2250 1993 10 28 4401011104119 18,703.94 1 2 3 4 5 6 7 32

33 8 1 2 3% 5%; 15% 80% 100% 9 1 2 3 10 1 2

20% 20% 20% 20% 20% 20% 10 10 50% 50% 50% 3 11 1 2,000 2 0-10 % 20-28 3.56-4.5 4.5-5 18-22.04 4.5-5 18-22.04 34

12 13 50 14 3-5 15 1 2 3 4 35

16 17 18 3 1 5% 5% 5% 2 7% 3 3% 4 12% 1.2% 5 33% 4 1 1,713 70% 250 80% 6000 98.5% 2000 98.75% 2 50% 80% 2,624.30 80.99 1,266.10 22.01 2.93% 0.13% 1.36% 36

5 1 97,109.64 1.00 97,109.64 31,078.91 28,266.99 1.0641 30,078.90 11,741.99 100.00 8.2765 827.65 827.67 128,016.19 43,648.57 73,333,170.83 1.00 73,333,170.83 69,134,462.08 315,843.46 1.0641 336,089.03 78,054.38 43,366.24 8.2765 358,920.69 408,292.76 74,028,180.55 69,620,809.22 319,101.31 1.00 319,101.31 1,326,878.51 1.0641 ----- 38,748.99 319,101.31 1,365,627.50 74,475,298.05 71,030,085.29 1 22,841,760.38 3,845,416.78 18,035,192.84 571,963.71 6,000,000.00 320,600.00 1,300,000.00 2,871.00 28,841,760.38 4,166,016.78 19,335,192.84 574,834.71 2 A 22,841,760.3 18,996,343.60 3,845,416.78 18,035,192.84 17,463,229.13 571,963.71 6,000,000.00 5,679,400.00 320,600.00 1,300,000.00 1,297,129.00 2,871.00 28,841,760.38 24,675,743.60 4,166,016.78 19,335,192.84 18,760,358.13 574,834.71 3 A 571,963.71 3,273,453.07 3,845,416.78 2,871.0 317,729.00 320,600.00 574,834.71 3,591,182.07 4,166,016.78 37

3 RMB RMB RMB RMB 83,694,517.42 46.48% 58,842,381.86 46.52% 52,110,769.97 28.94% 8,583,998.45 6.79% 5,044,056.95 2.80% 25,182,511.60 19.91% 3,959,352.02 2.20% 5,053,946.04 3.99% 8,018,275.20 4.45% 3,024,181.76 2.39% 32,088.00 27,246,246.72 15.13% 19,961,390.89 25,813,822.51 20.40% 19,929,302.8 180,073,218.28 100.00% 19,961,390.89 126,500,842.22 100.00% 19,961,390.89 (1) 10 46,000,000.00 25,700,274.96 20,000,000.00 26,859,935.77 118,560,210.73 65.84% (2) 5% 5% 20,000,000.00 20,000,000.00 (3) 129,060,210.73 71.67% (4) 53,572,376.06 42.35 % 47,359,935.77 (5) 9.(1) (6) 4,600 3,000 1,400 (7) 9.(2) 38

RMB RMB RMB RMB 47,697,318.37 36.58% --- 50,536,865.72 45.28% --- 47,782,478.06 36.64% --- 5,280,884.17 4.73% --- 2,185,874.84 1.68% --- 25,182,511.60 22.56% --- 810,467.90 0.62% --- 2,631,558.20 2.36% --- 5,626,706.80 4.32% --- 2,621,572.55 2.35% --- 26,290,102.51 20.16% 19,929,302.89 25,366,387.51 22.72% 19,929,302.89 130,392,948.48 100.00% 19,929,302.89 111,619,779.75 100.00% 19,929,302.89 (1) 10 44,000,000.00 25,700,274.96 20,000,000.00 89,700,274.96 (2) 5% 5% 20,000,000.00 20,000,000.00 (3) 112,700,274.96 86.43% (4) 9.(1) (5) 4,400 3,000 1,400 (6) 18,773,168.73 16.82% 2000 9.(2) 4 RMB RMB 1,030,000.00 100.00% --- --- --- --- 2,500,000.00 100.00% 1,030,000.00 100.00% 2,500,000.00 100.00% 39

(1) 5% 5% (2) 1,000,000.00 30,000.00 5 (1) 317,656,376.59 317,656,376.59 340,995,429.45 327,435,956.05 213,126,770.53 199,148,825.91 168,004,340.79 152,649,404.77 47,645,292.77 44,342,594.77 44,234,586.25 40,931,888.25 2,073,204.60 2,073,204.60 2,108,489.95 2,108,489.95 93,225.45 93,225.45 25,335.86 25,335.86 580,594,869.94 563,314,227.32 555,368,182.30 523,151,074.88 (2) --- --- --- 111,079,833.00 110,901,767.25 --- --- --- 190,953,972.59 190,926,256.59 2004 1 --- --- --- 39,167,405.61 --- --- --- 15,622,571.00 --- --- --- --- 317,656,376.59 340,995,429.45 2004 1 15 2005 7 (3) 2002.02 84,023,921.61 3,636,938.43 34,841,080.30 52,819,779.74 2000.05 43,453,125.36 128,926.00 7,550,264.89 36,031,786.47 2000.05 14,209,440.43 7,751,466.00 5,288,262.96 16,672,643.47 1999.05 24,103,748.80 31,781,468.22 30,627,187.82 25,258,029.20 --- --- 75,956,880.87 --- 75,956,880.87 A 1989.12 50,806.15 --- --- 50,806.15 7# 1991.12 102,518.09 --- --- 102,518.09 1995.12 2,060,780.35 2,250.00 1,758,718.80 304,311.55 --- --- 4,361,808.70 204,294.96 4,157,513.74 --- --- 1,772,501.25 --- 1,772,501.25 -- 168,004,340.79 125,392,239.47 80,269,809.73 213,126,770.53 * 5. 28 40

(4) 7,164,468.56 --- 148,561.96 7,015,906.60 13,569,172.06 --- 325,443.36 13,243,728.70 4,341,356.73 3,644,049.21 257,340.29 7,728,065.65 1,234,335.52 30,772.94 444,914.21 820,194.25 2,353,973.16 649,000.00 68,182.17 2,934,790.99 815,703.78 636,697.00 28,869.12 1,423,531.66 146,951.80 --- 4,574.52 142,377.28 319,072.69 --- 6,675.48 312,397.21 10 1006 750,776.95 26,400.20 15,651.72 761,525.43 7 812,661,500.00 --- 276,000.00 12,385,500.00 877,275.00 --- --- 877,275.00 44,234,586.25 4,986,919.35 1,576,212.83 47,645,292.77 (5) A 37 103 13,735.82 --- 334.80 13,401.02 5 526,517.78 --- 12,756.00 513,761.78 A ( 58-59 ) 88,914.61 16,613.00 2,450.88 103,076.73 2-3 (95-101 ) 115,118.04 --- 2,858.64 112,259.40 6 371,467.39 --- 9,902.67 361,564.72 7 992,736.31 --- 23,595.36 969,140.95 2,108,489.95 16,613.00 51,898.35 2,073,204.60 (6) 10,200,770.60 --- 10,200,770.60 0.00 3,358,702.80 --- 0 3,358,702.80 106,933.95 --- 91,437.26 15,496.69 7,979,508.75 --- 4,156,079.72 3,823,429.03 5,268,709.95 814,425.34 1,302,602.56 4,780,532.73 1,999,783.37 --- --- 1,999,783.37 2,768,768.32 --- --- 2,768,768.32 81,958.06 --- --- 81,958.06 10 1006 451,971.62 --- --- 451,971.62 32,217,107.42 814,425.34 15,750,890.14 17,280,642.62 41

(7) A 02 03 05 36,000,000.00 B 11 2 50 101 103 33,000,000.00 C 69 67-1 63 64 58 18,500,000.00 D 1-3 6 16 46,180,000.00 E 187 45 11 47 3 5 50,000,000.00 6 1 64,437,772.98 5,859,110.90 58,578,662.08 82,261,683.85 2,500,000.00 79,761,683.85 665,403.98 --- 655,403.98 479,314.85 ----- 479,314.85 63,782,369.00 5,859,110.90 57,923,258.10 81,782,369.00 2,500,000.00 79,282,369.00 500,000.00 --- 500,000.00 500,000.00 ----- 500,000.00 64,937,772.98 5,859,110.90 59,078,662.08 82,761,683.85 2,500,000.00 80,261,683.85 2 I * 25.95% 26,660,000.00 26,660,000.00 --- --- 26,660,000.00 7.50% 15,000,000.00 15,000,000.00 --- --- 15,000,000.00 10.00% 20,000,000.00 20,000,000.00 --- 20,000,000.00 0.00 ** 26.67% 2,000,000.00 2,000,000.00 2,000,000.00 --- 4,000,000.00 *** 7.13% 5,556,640.00 5,556,640.00 --- --- 5,556,640.00 4.37% 8,856,500.00 12,565,729.00 --- --- 12,565,729.00 78,073,140.00 81,782,369.00 2,000,000.00 20,000,000.00 63,782,369.00 42

* 20% ** 9.(2) *** 20% II 80.00% 2,000,000.00 ---- 176,089.13 ---- -1,344,596.02 655,403.9 2,000,000.00 ---- 176,089.13 ---- -1,344,596.02 655,403.9 * 2,500,000.00 2,928,942.10 ---- 5,428,942.10 ** ---- 430,168.80 ---- 430,168.80 2,500,000.00 3,359,110.90 ---- 5,859,110.90 * 5,556,640.00 2003 5,428,942.10 2,928,942.10 ** 2003-5,735,583.97 7.5% 430,168.80 3 500,000.00 12% 1996.05 ---- 343,200.00 500,000.00 500,000.00 --- 343,200.00 500,000.00 1 251,669,221.06 5,859,110.90 245,810,110.16 190,622,880.64 2,500,000.004 188,122,880.64 191,018,276.06 ---- 191,018,276.06 111,971,935.64 111,971,935.64 60,650,945.00 5,859,110.90 54,791,834.10 78,650,945.00 2,500,000.00 76,150,945.00 500,000.00 ---- 500,000.00 500,000.00 --- 500,000.00 252,169,221.06 5,859,110.90 246,310,110.16 191,122,880.64 2,500,000.00 188,622,880.64 43

2 I 25.95% 26,660,000.00 26,660,000.00 ---- ---- 26,660,000.00 26.67% 2,000,000.00 2,000,000.00 2,000,000.00 ---- 4,000,000.00 7.13% 5,556,640.00 5,556,640.00 ---- ---- 5,556,640.00 3.29% 6,667,700.00 9,434,305.00 ---- ---- 9,434,305.00 7.50% 15,000,000.00 15,000,000.00 ---- ---- 15,000,000.00 10.00% 20,000,000.00 20,000,000.00 ---- 20,000,000.00 ---- * ---- 75,884,340.00 78,650,945.00 2,000,000.00 20,000,000.00 60,650,945.00 * 9.(2) II 80.00% 2,000,000.00 479,314.85 176,089.13 --- -1,344,596.02 655,403.98 70.00% 64,559,544.00 111,492,620.79 2,236.57 --- 46,935,313.36 111,494,857.36 98.75% 19,750,000.00 --- 18,014.72 19,750,000.00 18,014.72 19,768,014.72 98.50% 59,100,000.00 --- --- 59,100,000.00 --- 59,100,000.00 145,409,544.00 111,971,935.64 196,340.42 78,850,000.00 45,608,732.06 191,018,276.06 * 2,500,000.00 2,928,942.10 ---- 5,428,942.10 ** ---- 430,168.80 ---- 430,168.80 2,500,000.00 3,359,110.90 ---- 5,859,110.90 * 5,556,640.00 2003 5,428,942.10 2,928,942.10 ** 2003-5,735,583.97 7.5% 430,168.80 44

3 500,000.00 12% 1996.05 --- 343,200.00 500,000.00 500,000.00 --- 343,200.00 500,000.00 7 7,137,747.31 ---- 206,333.24 6,931,414.07 5,270,267.33 760,510.00 526,485.00 5,504,292.33 2,609,680.70 567,044.53 22,887.00 3,153,838.23 15,017,695.34 1,327,554.53 755,705.24 15,589,544.63 1,971,407.36 224,599.05 72,030.00 2,123,976.41 3,797,573.33 522,852.12 523,655.94 3,796,769.51 1,819,049.15 252,577.57 13,138.83 2,058,487.89 7,588,029.84 1,000,028.74 608,824.77 7,979,233.81 7,429,665.50 327,525.79 146,880.47 7,610,310.82 8 1,226,823.00 975,324.02 --- --- 24,536.52 276,035.50 950,787.50 38.75 1,226,823.00 975,324.02 --- --- 24,536.52 276,035.50 950,787.50 9 4,011,952.18 2,900,571.37 54,153.79 926,148.70 1,983,375.72 2,028,576.46 147,110.00 83,049.23 37,311.00 29,421.96 56,171.73 90,938.27 321,294.80 293,716.98 8,160.20 250,537.69 269,955.31 51,339.49 165,259.70 ---- 165,259.70 25,340.84 25,340.84 139,918.86 179,449.70 ---- 179,449.70 23,141.36 23,141.36 156,308.34 3,436,746.71 ---- 3,436,746.71 ---- ---- 3,436,746.71 8,261,813.09 3,277,337.58 3,881,081.10 1,254,590.55 2,357,984.96 5,903,828.13 2005 3-5 45

10 40,000,000.00 --- 03.8.11-04.8.10 5.31% --- 36,000,000.00 04.8.20-05.8.19 5.31% --- 33,000,000.00 04.5.27-05.5.26 5.84% 40,000,000.00 --- 03.9.29-04.8.28 5.31% 20,000,000.00 18,500,000.00 04.8.28-05.6.28 6.04% 100,000,000.00 87,500,000.00 5. 5.(7) 11 165,417.83, 155,417.83 10,000.00 5% 5% 12 53,000.00 2,000,000.00 2002.2 1,213,322.12 329,418.00 1995.12 1,266,322.12 2,329,418.00 13 RMB % RMB % 12,962,622.14 51.98% 3,610,122.10 8.84% 1,739,889.84 6.98% 5,361,567.01 13.14% 348,714.70 1.40% 23,287,333.21 57.06% 9,884,863.29 39.64% 8,554,949.13 20.96% 24,936,089.97 100.00% 40,813,971.45 100.00% 1 5% 5% 46

2 10% 8,000,000.00 4,021,714.75 2,697,056.81 2,595,742.40 17,314,513.96 3 15,877,881.48 38.90% 18,906,323.62 9.(3) 14 645,171.85 645,171.85 15 3,466,579.42 992,747.26 249,275.75 91,699.58 1,740,520.31 2,152,397.67 114,810.03 156,197.50 122,247.55-8,028.98 5,693,433.06 3,385,013.03 16 107,180.84 3 3,693,224.87 3,800,405.7 17 3,700,480.81 4,911,793.65 989,033.00 989,033.00 206,407.90 1,179,270.00 2004 647,147.19 --- 2004 1,200,000.00 --- 6,743,068.90 7,080,096.65 47

18 46,180,000.00 03.12.19-08.12.19 6.039% 50,000,000.00 04.09.20-07.09.20 6.039% 96,180,000.00 19 87,004,377.20 87,004,377.20 12,903,437.00 12,903,437.00 74,100,940.20 74,100,940.20 87,004,377.20 87,004,377.20 100,035,010.00 100,035,010.00 100,035,010.00 100,035,010.00 187,039,387.20 187,039,387.20 48

20 187,196,968.66 ---- ---- 187,196,968.66 22,887,432.82 ---- ---- 22,887,432.82 148,074,111.63 ---- ---- 148,074,111.63 1,438,964.67 180,347.25 ---- 1,619,311.92 359,597,477.78 180,347.25 ---- 359,777,825.03 1 21 32,338,833.25 2,427,223.60 --- 34,766,056.85 11,272,432.07 1,618,149.07 --- 12,890,581.14 21,066,401.18 809,074.53 --- 21,875,475.71 5,446,285.59 --- --- 5,446,285.59 8,414,203.33 --- --- 8,414,203.33 46,199,322.17 2,427,223.60 --- 48,626,545.77 16,181,490.67 10%, 5% 22 16,323,875.44 16,181,490.67 2,427,223.60 30,078,142.51 (1) 16,181,490.67 (2) 16,181,490.67 10% 5% 23 140,932,149.06 106,968,942.37 100,682,531.73 65,895,755.24 17,259,891.56 5,480,761.29 18,869,144.01 2,606,366.71 43,860.00 ---- ---- ---- 158,235,900.62 112,449,703.66 119,551,675.74 68,502,121.95 * 66,272,637.00 47.02% ** 38,684,224.88 32.36% 2 3 57,941,140.00 54,679,000.00 49

137,482,149.06 106,779,564.53 100,682,531.73 65,895,755.24 17,259,891.56 5,480,761.29 18,869,144.01 2,606,366.71 154,742,040.62 112,260,325.82 119,551,675.74 68,502,121.95 24 7,762,343.35 6,154,933.07 5% 530,806.03 430,845.31 7% 227,488.30 184,647.99 3% 8,520,637.68 6,770,426.37 25 --- 3,418,200.00 477,671.33-149,795.02 109,272.15 --- 143,336.32 --- -244,693.73 --- 80,872.80 --- 566,458.87 3,268,404.98 26 11,656,395.97 22,418,940.79 10,762,544.82 48.01% 10,200,770.60 27 7,367,842.99 5,844,042.46 757,997.76 3,036,995.48 25,906.66 257.20 --- 525.22 52,804.06 83,157.24 6,688,555.95 2,889,936.20 3,798,619.75 131.44% 50

28 3,034,970.38-414,294.26 4,811,808.70 ---- 176,089.13-150,352.04 1,168,972.66 ---- -3,591,182.07 2,648,382.16-3,359,110.90-1,000,000.00 2,241,547.90 1,083,735.86 (1) 5. 2(3) (2) 5. 6.(2). (3) 1,168,972.66 4,811,808.70 2002 252 4,361,808.70 450,000.00 3,034,970.38-414,294.26 4,811,808.70 ---- 196,340.42-146,417.86 1,168,972.66 ---- -3,591,182.07 2,648,382.16-3,359,110.90-1,000,000.00 2,261,799.19 1,087,670.04 29 1 8,835.00 550.00 110,650.27 73,900.71 800.00 12,610.56 120,285.27 87,061.27 2 2,229.06 ---- 5,000.00 55,000.00 310,658.00 27,739.00 317,887.06 82,739.00 51

30 1 8,000,000.00 2 2,540,000.00 3 2,305,503.72 2 1,368,669.45 3 1,014,086.35 15,228,259.52 1 10,000,000.00 2 27,780,000.00 3 11,534,855.87 4 3,465,230.03 5 1,301,286.63 6 789,318.57 7 3,218,255.28 58,088,946.38 6 1 2 7,410.09 3 200.00 * 44,000,000.00 44,000,000.00 2,000,000.00 2,000,000.00 ** 20,000,000.00 ---- 497,492.50 497,492.50 1,000,000.00 1,000,000.00 10,000,000.00 ---- 704,690.72 4,950,801.24 8,000,000.00 52 52

4,600 3,000 1,400 9.(2) 7. (1) 2000 2004 10 19 5000 6600 2005 1 14 (2) 931.9 2005 1 16 2000 1 28 12 3 8 9 (1) 2004 10 26 S2 (2) 2004 8 3 1999 9 1 10% 2,000 39.62% 2005 53

(3) 18,906,323.62 18,906,323.62 10 120,285.27 80,591.13 33% -317,887.06-212,984.33 33% 14,936,464.80 10,007,431.42 33% -6,950,292.97-4,656,696.29 33% 160,050.00 107,233.50 33% 3,034,970.38 2,033,430.15 33% 10,983,590.42 7,359,005.58 33% 10 5.96 6.04 0.20 0.20 2.99 3.03 0.10 0.10 2.59 2.62 0.09 0.09 1.41 1.43 0.05 0.05 54

2004 1 2 3 55