厦门创兴科技股份有限公司

2004

2004... 1... 1... 1... 4... 6... 10... 11... 12... 19... 20... 23... 32 1

2004 1 2 3 4 1

2004 1 NINGBO BIRD Co.,Ltd BIRD 2 3 588 0574 88918855 0574 88929054 E-mail birdzq@mail.nbptt.zj.cn 588 0574 88918855 0574 88929054 E-mail birdzq@mail.nbptt.zj.cn 4 99 588 315500 http://www.chinabird.com cbird@public.cnptt.zj.cn 5 http://www.sse.com.cn 6 A A A 600130 7 1995 7 27 3302001001488 330283713326377 388 15-20 2

2004 : : 258,368,442.85 207,459,814.58 198,571,592.90 1,563,210,726.22-35,088,857.40 241,272,240.42 2,508,061.34 13,251,798.98 1,336,342.11 54,185,322.19 410,843,641.79 : : 962,620.79 13,251,798.98 1,448,082.95 4,527,157.86 2,247,123.18 8,888,221.68 : : 2004 2003 2002 (%) 10,245,988,575.60 10,841,476,586.31-5.49 6,367,615,959.00 258,368,442.85 349,744,549.57-26.13 271,822,789.42 207,459,814.58 245,023,581.50-15.33 215,922,223.92 198,571,592.90 233,362,110.92-14.91 225,825,898.84 2004 2003 2002 (%) 5,095,771,234.73 3,947,427,220.41 29.09 3,807,414,781.24 1,859,181,303.81 1,272,683,583.27 46.08 1,048,467,069.28 54,185,322.19 855,935,710.84-93.67 594,231,345.98 2004 2003 2002 (%) 1.08 1.53-29.41 1.35 % 11.16 19.25-8.09 21.76 10.68 % 18.34-7.66 22.75 3

2004 0.28 5.35-94.77 3.71 1.20 1.53-21.57 1.35 1.03 1.46-29.45 1.41 1.15 1.46-21.23 1.41 % 13.59 21.44-7.8 22.96 13.01 % 20.42-7.4 24.01 2004 2003 2002 (%) 9.68 7.95 21.76 6.55 9.65 7.92 21.84 6.51 9 : : % 84.08 102.40 8.14 9.02 12.98 15.81 1.26 1.39 11.16 13.59 1.08 1.20 10.68 13.01 1.03 1.15 : : 160,000,000 628,123,231.21 57,995,290.44 28,621,307.45 397,943,754.17 1,272,683,583.27 32,000,000 411,013,909.52 20,724,943.17 10,362,471.59 207,459,814.58 681,561,138.86 95,087,414.76 95,087,414.76 192,000,000 1,039,137,140.73 78,720,233.61 38,983,779.04 510,316,153.99 1,859,181,303.81 1) [2004]112 3200 2) 3200 3) 4) 5) 6) 4

2004 1 : 1 120,000,000 120,000,000 120,000,000 120,000,000 2 3 4 120,000,000 120,000,000 1 40,000,000 32,000,000 32,000,000 72,000,000 2 3 4 40,000,000 32,000,000 32,000,000 72,000,000 160,000,000 32,000,000 32,000,000 192,000,000 2 1,256,811 21,170,989 2004 3 (1) : : (A ) 2004-07-15 14.28 32,000,000 2004-08-03 32,000,000 [2004]112 2004 7 15 3200 (A ) 3,497,242, 10.929%, 6,074,958, 18.984% 22,427,800, 70.087% 456,960,000.00, 19,844,420.31, 437,115,579.69 2004 7 22, [2004] 64 5

2004 (2) 2004 3,200 A 3,200 19,200 12,000 6.25% 7,200 3.75% (3) 1 31,365 5 A 31,360 2 : ( ) (%) 0 54,000,000 28.125 0 52,800,000 27.50 0 6,072,000 3.16 0 6,036,000 3.14 5,027,246 5,027,246 2.62 3,903,885 3,903,885 2.03 2,576,463 2,576,463 1.34 0 1,092,000 0.57 759,445 759,445 0.40 554,524 554,524 0.29 30% 3 1 155,000,000 1998 8 27 2 308,694 ( ) 1980 6

2004 IC ITS 3 4 100% 56.7% 36% 28.125% 27.5% 4 1 1998-01-22 5 A B H 5,027,246 A 3,903,885 A 2,576,463 A 759,445 A 554,524 A 496,441 A 432,530 A 407,000 A 359,547 A 333,055 A 7

2004 1 : 41 2002-05-12 2005-05-11 0 0 39 2003-08-17 2005-05-11 0 0 40 2002-05-12 2005-05-11 0 0 59 2002-05-12 2005-05-11 0 0 40 2003-08-17 2005-05-11 0 0 46 2003-08-17 2005-05-11 0 0 73 2002-05-12 2005-05-11 0 0 65 2002-05-12 2005-05-11 0 0 40 2002-05-12 2005-05-11 0 0 48 2002-05-12 2005-05-11 0 0 61 2002-05-12 2005-05-11 0 0 41 2002-05-12 2005-05-11 0 0 40 2002-05-12 2005-05-11 0 0 40 2002-05-12 2005-05-11 0 0 52 2002-05-12 2005-05-11 0 0 40 2002-05-12 2005-05-11 0 0 40 2002-05-12 2005-05-11 0 0 39 2002-05-12 2005-05-11 0 0 41 2002-05-12 2005-05-11 0 0 (1) 2002 IT (2) (3) (4) (5) (6) 8

2004 (7) (8) 1998 (9) (10) (11) (12) CT- 2 (13) (14) (15) (16) (17) (18) (19) 2 2002 4 2003 7 9

2004 1999 4 2002 4 2003 7 2002 5 2002 4 2002 4 1999 4 1 4.8 2001 2 3 : : 215.23 46.55 70.1 4.8 3 4 20 6 10 20 4 10 1 2005 5 10

2004 4,255 0 1 1,999 921 101 802 432 2 1,360 348 11

2004 1 6 6 0 0 6 4 2 0 6 6 0 0 2 1) 2) 3) 4) 5) 1 2 12

2004 1) 2004 4 20 2003 2004 5 21 10 120,144,850 75.09% 1 2003 2 2003 3 2003 4 2003 5 2004 6 7 8 2002 2004 5 22 1) 1 2004 5 22 2004 6 22 5 120,000,000 75 1.5 2004 6 23 13

2004 2004 1,024,598.86 20,745.98 5.49% 15.33% 4.37 1 (1) (2) : : (%) (%) 10,169,513,392.31 99.25 1,541,198,445.45 98.59 76,475,183.29 0.75 22,012,280.77 1.41 : 10,245,988,575.60 100.00 1,563,210,726.22 100.00 0 (3) : : (%) (%) 8,194,050,219.46 79.97 1,428,391,315.87 91.38 2,051,938,356.14 20.03 134,819,410.35 8.62 : 0.00 10,245,988,575.60 100.00 1,563,210,726.22 100.00 (4) 2004 1365.66 337.69 9.46% CCID 2004 CCID 2004 CCID 14

2004 2004 CCID 2004 CCID E868 2 (1) : : 500 24,048.83 1,350.77 1,000 4,951.35 2,349.52 2,540 29,939.25 2,026.69 200 2,897.37-206.58 200 762.40-9.92 500 103.06-28.15 300 441.16-7.85 3,900 6,940.87-174.88 2,152.8 18,909.36-1,146.77 3 : : 3,517,139,165.60 32.31 1,864,099,458.10 18.11 4 2004 1 337 2 2004 20 GPRS CDMA 1X 2.5G 15

2004 WCDMA CDMA2000 TD-SCDMA 3G 3 4 5 SAP E-MIS 1 2004 7 3200 (A ) 45,696 43,711.56 25,159.87 18,551.69 2 : : 19,800 5,289.87 26.72% 19,870 19,870.00 100% CDMA 19,600 0 5,000 0 64,270 / 25,159.87 / 3 1) 3,000 5 2 15% 2) BIRD INTERNATIONAL LIMITED 3,900 2004 340 2004 10 20 2004 003 3) 2152.8 1,506.96 70 15 4) 8,680 280 2 8680 5) 16

2004 219 300 73% : : 5,095,771,234.73 3,947,427,220.41 1,148,344,014.32 29.09 1,563,210,726.22 1,829,092,475.52-265,881,749.30-14.54 207,459,814.58 245,023,581.50-37,563,766.92-15.33 410,843,641.79 567,158,170.10-156,314,528.31-27.56 1,859,181,303.81 1,272,683,583.27 586,497,720.54 46.08 1,833,989,056.39 1,391,306,474.60 442,682,581.79 31.82 300,589,290.66 452,342,125.62-151,752,834.96-33.55 392,948,948.67 203,764,500.86 189,184,447.81 92.84 52,734,380.03 11,828,360.12 40,906,019.91 345.83 29,212,280.93 14,054,506.62 15,157,774.31 107.85 63,823,906.90 4,047,829.21 59,776,077.69 1,476.74 515,859,413.82 393,644,578.38 122,214,835.44 31.05 4,823,004.00 18,629,245.42-13,806,241.42-74.11 149,573,226.83 7,381,395.56 142,191,831.27 1,926.35 91,384,500.00-91,384,500.00 556,986,295.74 74,486,015.97 482,500,279.77 647.77 1,899,908,495.93 1,294,112,949.87 605,795,546.06 46.81 502,784,038.94 1,017,404,753.08-514,620,714.14-50.58-90,704,038.74 33,367,108.73-124,071,147.47-371.84 35,000,000.00 25,000,000.00 10,000,000.00 40.00-35,000,000.00-35,000,000.00-100.00 31,160,643.00 12,316,674.00 18,843,969.00 153.00 1,039,137,140.73 628,123,231.21 411,013,909.52 65.44-35,088,857.40 57,859,257.67-92,948,115.07-160.65 201,134,676.26 330,058,112.61-128,923,436.35-39.06-1,372,443.14 7,284,449.35-8,656,892.49-118.84 2,508,061.34 6,806,826.36-4,298,765.02-63.15 13,251,798.98 20,332,350.48-7,080,551.50-34.82 54,185,322.19 855,935,710.84-801,750,388.65-93.67-242,782,009.10-204,967,253.03-37,814,756.07 18.45 605,454,722.41-84,146,592.99 689,601,315.40-819.52 (1) (2) (3) (4) (5) 17

2004 (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) 1 2004 4 1 SAP 2 2004 4 1 1 1 2005 256 2 2004 200 IT 2004 11 1 13 17 18

2004 1 6 1) 2004 2 19 (1) 2003 (2) 2003 (3) 2003 (4) 2003 (5) 2003 (6) 2004 (7) (8) (9) (10) (11) 2005 5 (12) 2003 (13) 2004 (14) 2) 2004 4 28 1 2004 2 5 3 4 5 6 5% 7 2003 2002 2003 3) 2004 5 21 1 2 2004 4) 2004 8 26 1 2004 2 5) 2004 10 9 1 2 6) 2004 10 21 2004 2 19

2004 1 2003 2003 2003 12 31 160,000,000, 10 4.00 ( ) 2004 5 28 2004 5 31 2004 6 2 2004 5 25 2 2002 2003 3,200 A 2004 7 15 [2004]112 A 3,200 14.28 / 456,960,000.00 19,844,420.31, 437,115,579.69 2004 7 22, [2004] 64 2004 7 10 3,200 2004 8 3 2004 7 30 2004 207,249,431.71 10% 20,724,943.17 5% 10,362,471.59 312,705,182.60 488,867,199.55 2004 2004 192,000,000, 10 3.00 ( ) 57,600,000.00 431,267,199.55 2004 2004 192,000,000, 10 10 847,137,140.73 ( [2003]56 ) 2004 12 31 [2003]56 20

2004 2004 3 1 2004 2 19 (1) 2003 (2) 2003 (3) 2003 (4) 2003 (5) (6) 2 2004 5 21 3 2004 8 26 (1) 2004 (2) 2004 2004 2004 1 2004 5 21 15,000 94.33% 2004 50% 2005 25% 2006 25% 2004 21

2004 2 22

2004 1 15,000 2 2 1 44,455,528.58 10,953,464.38 33,502, 064.20 393 365 31,279,145.50 2,222,918.70 2 5% 5% 2003 12 31 4,924,361.63 1,074,361.63 1 150,000,000.00 2004 5 22 2004 5 21 15,000 2004 15,000 94.33% 2004 50% 2005 25% 2006 25% 10 1,500 1,005-875 7,500 23

2004 2 0 0 3 (1) 2004 12 31 35,000,000.00 (2) 50 10-15% 254,335,824.16 793,784.64 (3) 24,134 15 600 2004 12 31 35,316,261.56 32,712,467.70 6,000,000.00 4,175,878.27 (4)2004 2 19 393 365 33,444,428.90 2004 3 440,415.89 1 2 3 24,134 32,712,467.70 2003 1 1 2012 12 31 6,000,000.00 2003 7 17 5 2 4 5 6 2004 5 4 2004 5 11 5% 24

2004 2004 13.64 100 4 25

2004 [2005] 465 2004 12 31 2004 2004 2004 12 31 2004 2005 3 17 26

2004 2004 12 31 : : : 1 1 1,391,306,474.60 1,833,989,056.39 1,258,595,587.97 1,721,628,323.22 2 2 43,415,000.00 35,954,000.00 43,415,000.00 35,954,000.00 3 3 452,342,125.62 300,589,290.66 99,753,294.00 280,113,165.66 4 5 4 6 203,764,500.86 392,948,948.67 223,791,926.70 376,955,184.39 5 7 11,828,360.12 52,734,380.03 148,882,955.06 21,684,475.46 6 8 14,054,506.62 29,212,280.93 12,796,854.08 24,972,350.36 7 9 4,047,829.21 63,823,906.90 4,047,829.21 61,604,754.49 8 10 1,294,112,212.84 1,552,090,236.07 1,110,103,333.11 1,442,830,257.48 9 11 5,945,609.27 6,748,265.86 1,552,078.77 1,200,000.00 21 24 31 3,420,816,619.14 4,268,090,365.51 2,902,938,858.90 3,966,942,511.06 10 32 125,584,627.33 162,248,228.57 204,255,843.53 321,922,829.01 34 38 125,584,627.33 162,248,228.57 204,255,843.53 321,922,829.01 6,181,614.85 7,083,459.67 6,181,614.85 7,083,459.67 2,051,660.68 11 39 474,034,530.47 654,488,968.91 419,322,266.29 538,031,925.68 12 40 95,699,281.90 139,780,511.52 83,342,919.26 117,699,369.00 13 41 378,335,248.57 514,708,457.39 335,979,347.03 420,332,556.68 14 42 3,912,190.93 3,672,047.57 3,912,190.93 3,672,047.57 43 374,423,057.64 511,036,409.82 332,067,156.10 416,660,509.11 15 44 592,275.32 592,275.32 16 45 18,629,245.42 4,823,004.00 18,629,245.42 4,823,004.00 46 50 393,644,578.38 515,859,413.82 351,288,676.84 421,483,513.11 17 51 7,381,395.56 149,573,226.83 7,252,965.00 149,573,226.83 52 53 60 7,381,395.56 149,573,226.83 7,252,965.00 149,573,226.83 61 67 3,947,427,220.41 5,095,771,234.73 3,465,736,344.27 4,859,922,080.01 27

2004 18 68 91,384,500.00 91,384,500.00 19 69 74,486,015.97 556,986,295.74 74,486,015.97 396,986,295.74 20 70 1,294,112,949.87 1,899,908,495.93 1,301,698,377.09 1,919,751,247.83 21 71 1,017,404,753.08 502,784,038.94 716,520,835.50 625,399,927.82 22 72 16,006,392.82 9,915,737.49 10,066,905.27 7,978,962.89 73 55,563,476.79 79,446,161.15 15,520,108.71 20,102,290.19 74 23 75 33,367,108.73-90,704,038.74-752,417.29-123,162,530.55 24 80 1,430,541.12 1,662,417.16 1,145.00-271,704.65 25 81 85,206,504.93 71,433,330.58 24,433,688.32 10,608,425.37 26 82 9,206,469.95 7,275,669.44 83 27 86 25,000,000.00 35,000,000.00 25,000,000.00 35,000,000.00 90 100 2,602,577,743.31 3,167,023,408.20 2,166,974,658.57 2,991,053,084.08 28 101 35,000,000.00 35,000,000.00 102 103 29 106 12,316,674.00 31,160,643.00 12,316,674.00 31,160,643.00 110 47,316,674.00 31,160,643.00 47,316,674.00 31,160,643.00 111 114 2,649,894,417.31 3,198,184,051.20 2,214,291,332.57 3,022,213,727.08 24,849,219.83 38,405,879.72 30 115 160,000,000.00 192,000,000.00 160,000,000.00 192,000,000.00 116 117 160,000,000.00 192,000,000.00 160,000,000.00 192,000,000.00 31 118 628,123,231.21 1,039,137,140.73 628,123,231.21 1,039,137,140.73 32 119 86,616,597.89 117,704,012.65 86,616,597.89 117,704,012.65 120 28,621,307.45 39,199,354.26 28,621,307.45 38,983,779.04 33 121 397,943,754.17 510,316,153.99 376,705,182.60 488,867,199.55 122 64,000,000.00 57,600,000.00 64,000,000.00 57,600,000.00 34 123 23,996.44 124 1,272,683,583.27 1,859,181,303.81 1,251,445,011.70 1,837,708,352.93 135 3,947,427,220.41 5,095,771,234.73 3,465,736,344.27 4,859,922,080.01 : : : 28

2004 2004 : : : 1 10,245,988,575.60 10,841,476,586.31 9,561,605,759.42 10,041,797,724.23 1 8,668,190,548.76 8,979,462,216.87 8,633,388,551.24 9,075,360,896.98 2 14,587,300.62 32,921,893.92 2,457,979.76 14,761,161.82 1,563,210,726.22 1,829,092,475.52 925,759,228.42 951,675,665.43 3-35,088,857.40 57,859,257.67-101,446,975.00 33,320,499.99 : 1,087,087,395.28 1,218,768,942.61 434,195,644.47 399,971,125.55 201,134,676.26 330,058,112.61 162,945,944.07 330,687,632.55 4-1,372,443.14 7,284,449.35-1,091,345.15 8,116,326.38 241,272,240.42 330,840,228.62 228,262,010.03 246,221,080.94 5 2,508,061.34 6,806,826.36 21,131,551.43 23,755,438.74 6 13,251,798.98 20,332,350.48 4,426,562.28 10,954,321.61 7 12,882,111.95 4,600,929.64 8,704,532.84 2,528,656.60 8 11,545,769.84 12,835,785.53 5,655,683.16 10,527,235.03 258,368,442.85 349,744,549.57 256,868,973.42 272,932,262.86 47,327,064.97 107,501,757.35 49,619,541.71 72,862,469.31 3,581,563.30-2,780,789.28 207,459,814.58 245,023,581.50 207,249,431.71 200,069,793.55 397,943,754.17 238,930,641.71 376,705,182.60 262,645,858.09 605,403,568.75 483,954,223.21 583,954,614.31 462,715,651.64 20,724,943.17 20,006,979.36 20,724,943.17 20,006,979.36 10,362,471.59 10,003,489.68 10,362,471.59 10,003,489.68 574,316,153.99 453,943,754.17 552,867,199.55 432,705,182.60 64,000,000.00 56,000,000.00 64,000,000.00 56,000,000.00 510,316,153.99 397,943,754.17 488,867,199.55 376,705,182.60 1. 1,074,361.63 1,074,361.63 2. 3. ( ) 4. ( ) 5. 6. : : : 29

2004 2004 : : : 11,147,306,138.66 10,451,517,295.40 129,917,774.27 117,786,047.30 35,774,869.62 163,388,785.92 11,312,998,782.55 10,732,692,128.62 9,682,102,125.06 9,746,102,281.85 313,640,085.37 87,650,688.00 294,797,819.91 134,060,466.54 968,273,430.02 497,892,272.81 11,258,813,460.36 10,465,705,709.20 54,185,322.19 266,986,419.42 4,924,361.63 4,924,361.63 16,877,744.94 15,777,987.20 44,817,949.82 39,897,020.15 27,582,835.60 94,202,891.99 60,599,368.98 306,984,901.09 237,921,994.51 30,000,000.00 88,642,100.00 336,984,901.09 326,564,094.51-242,782,009.10-265,964,725.53 446,691,113.84 437,207,213.84 9,483,900.00 292,767,000.00 132,767,000.00 739,458,113.84 569,974,213.84 66,382,500.00 66,382,500.00 67,423,783.91 67,415,453.41 197,107.52 134,003,391.43 133,797,953.41 605,454,722.41 436,176,260.43-6,014,393.71-6,004,159.07 30

2004 410,843,641.79 431,193,795.25 1 207,459,814.58 207,249,431.71 ( - ) 3,581,563.30 48,556,525.60 24,507,243.48 64,315,517.57 51,888,777.73 9,292,124.25 9,163,693.69-802,656.59 352,078.77 9,206,469.95 7,275,669.44 ( : 174,894.93-302,451.80 ) -6,973,931.33-5,908,374.72-9,519,061.34-28,142,551.43-287,465,392.93-361,053,232.07 ( ) -184,136,895.50-297,306,090.45 ( ) 200,496,349.70 659,262,225.07 54,185,322.19 266,986,419.42 2 3 1,799,150,116.39 1,686,789,383.22 1,388,306,474.60 1,255,595,587.97 410,843,641.79 431,193,795.25 : : : 31

2004 2004 : : : 13,129,821.89 11,788,540.18 24,918,362.07 11,878,439.87 9,672,628.38 21,551,068.25 1,251,382.02 2,115,911.80 3,367,293.82 17,085,000.00 7,011,000.00 24,096,000.00 16,550,000.00 6,550,000.00 23,100,000.00 535,000.00 461,000.00 996,000.00 385,359,306.42 29,997,128.78 415,356,435.20 167,937,853.29 51,160,834.84 219,098,688.13 115,335,144.32-30,402,816.63 84,932,327.69 67,526,349.71 5,816,911.82 73,343,261.53 34,559,959.10 3,422,198.75 37,982,157.85 3,912,190.93-240,143.36 3,672,047.57 3,912,190.93-240,143.36 3,672,047.57 : : : 32

2004 2004 ( ) 1995 7 1999 4 20 (1999) 53 3302001001488 192,000,000.00 192,000,000 1 A 72,000,000 2000 7 6 GSM CDMA ( ) ( ) 1 1 12 31 ( ) ( ) ( ) 1 ( ) 1 33

2004 2 ( ) 3 ( ) 1 2 ( ) 1 1 1 5% 1-2 15% 2-3 30% 3-5 50% 5 100% 2 : (1) (2) ( ) 1 2 3 34

2004 4 ( ) 1 20% 20% 20% 20% 20% 20% 2 10 10 [2003]10 10 -- 3 4 ( ) 1 2 3 ( ) 1 (1) (2) (3) 2 30% 35

2004 3 3 5% % 30 3.17-3.23 5 19.00-19.40 5-7 13.57-19.40 5-10 9.50-19.40 5 20.00 4 ( ) 1 2 3 (1) 3 (2) (3) ( ) 1 2 (1) 1) 2) 3) 36

2004 (2) 3 (3) 3 ( ) 1 2 (1) (2) (3) 10 3 ( ) 1 2 ( ) ( ) 1 2 (1) 37

2004 (2) 3 (1) (2) ( ) ( ) ( ) 1 2004 4 1 SAP 2 2004 4 1 SAP 1 ( ) 17% 13% 17 ( ) 5% ( ) 1% 7% 38

2004 ( ) 3% 4% ( ) 1 [2002]248 [2002]164 2002 6 2004 12 2 [2004]88 2004 7.5% [2004]16 2003 15,868,564.44 2003 5,166,973.65 3 [2002]103 2002 2004 [2003]217 2003 2006 15% 15% [2005]14 2004 [2004] 090 2004 2004 2004 39

2004 [2004]732 2004 2004 [2004] 0095 2003 345,375.10 2003 215,126.65 [2004] 91 2003 82,202.23 2003 82,401.43 [94]001 2003 274,486.45 [94]001 2003 296,693.48, 2003 27,943.35 4 33% ( ) ( ) 500 450.00 90.00% ( 500 425.00 85.00% ) ( ) 1,000 700.00 70.00% ( ) 200 140.00 70.00% USD200 USD102 51.00% 300 219 1 73.00% USD725 ( ) 2 ( ) HKD3,900 HKD3,900 100% 2,152.8 1,506.96 70.00% 40

2004 ( 200 162 81%[ 3] ) ( 150 121.5 81%[ 3] ) ( 200 162 81%[ 3] ) ( ) 200 162 81%[ 3] ( ) 150 121.5 81%[ 3] ( 350 283.5 81%[ 3] ) ( 300 243 81%[ 3] ) ( 300 243 81%[ 3] ) ( ) 150 121.5 81%[ 3] ( 120 97.2 81%[ 3] ) ( ) 150 121.5 81%[ 3] ( 160 129.6 81%[ 3] ) ( 150 121.5 81%[ 3] ) ( 150 121.5 81%[ 3] ) 300 243 81%[ 3] ( ) ( ) 180 145.8 81%[ 3] 120 97.2 81%[ 3] ( ) ( 180 145.8 81%[ 3] ) ( 150 121.5 81%[ 3] ) ( 100 81 81%[ 3] ) ( 150 121.5 81%[ 3] ) ( 150 121.5 81%[ 3] ) ( 100 81 81%[ 3] ) ( ) 150 121.5 81%[ 3] ( ) 150 121.5 81%[ 3] ( 150 121.5 81%[ 3] ) 41

2004 ( ) 150 121.5 81%[ 3] ( 100 81 81%[ 3] ) 100 81 81%[ 3] ( ) ( 150 121.5 81%[ 3] ) ( 150 121.5 81%[ 3] ) ( ) 100 81 81%[ 3] ( 150 121.5 81%[ 3] ) ( 100 81 81%[ 3] ) ( 200 162 81%[ 3] ) ( 300 243 81%[ 3] ) ( 150 121.5 81%[ 3] ) ( 100 81 81%[ 3] ) ( 150 121.5 81%[ 3] ) 200 135 67.5%[ 3] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 22.75 45.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 110 73.15 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 42

2004 50 31.50 63.00%[ 4] ( ) 50 31.50 63.00%[ 4] ( ) 50 31.50 63.00%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 500 332.50 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 52.8 33.25 62.97%[ 4] ( ) 50 31.50 63.00%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 55 32.73 59.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 31.50 63.00%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 31.50 63.00%[ 4] ( ) 150 94.50 63.00%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 50 33.25 66.50%[ 4] ( ) 43

2004 [ 1]:2004 4 28 2004 5 25 5009011801668 [ 2]: 2004 10 9 543.75 75 [2004]7548 003239 2004 12 2004 12 31 [ 3]: 90% [ 4]: 70% 1 (1) 1 2, 3 37 2 1 NEXUS DEVELOPMENT LIMITED 1,506.96 NEXUS DEVELOPMENT LIMITED 70% 2004 10 13 2004 9 30 2004 10 21,528,000.00 147,719,504.00 885,103.87-11,021,482.99-11,021,482.99 2 44

2004 JEAN-ALEXIS CHATELAIN 2004 12 28 10,000.00 JEAN-ALEXIS CHATELAIN 100% 2004 12 29 2004 11 2004 11 30 2004 12 40,790,638.23 782,329.41 43,709,638.17 26,371,652.48 3,222,485.53-1,748,783.19-1,748,783.19 3, 2004 1 1 2 1,270 50 2005 3 17 2004 2004 10% 20,724,943.17 5% 10,362,471.59 2004 10 3.00 57,600,000.00 ( ) 1. 1,833,989,056.39 (1) 45

2004 981,652.86 121,249.59 1,689,367,940.84 1,291,607,153.55 143,639,462.69 [ ] 99,578,071.46 1,833,989,056.39 1,391,306,474.60 [ ], 31,838,940.00 3,000,000.00 (2) HKD 21,261.97 1.0637 22,616.36 USD 5,026,834.08 8.2765 41,604,592.26 USD 6,989,095.25 8.2767 57,846,644.66 EUR 160.90 11.2627 1,812.17 HKD51,818,817.23 1.0637 55,119,675.89 USD 5,300,000.00 8.2765 43,865,450.00 USD 5,300,193.40 8.2767 43,868,110.71 140,614,146.68 101,714,755.37 2. 35,954,000.00 (1) 9,550,000.00 996,000.00 8,554,000.00 10,000,000.00 535,000.00 9,465,000.00 50,500,000.00 23,100,000.00 27,400,000.00 50,500,000.00 16,550,000.00 33,950,000.00 60,050,000.00 24,096,000.00 35,954,000.00 60,500,000.00 17,085,000.00 43,415,000.00 (2) 02 10,000,000.00 8,554,000.00 8,554,000.00 10,000,000.00 8,554,000.00 8,554,000.00 (3) 50,000,000 27,400,000.00 27,400,000.00 50,000,000 27,400,000.00 27,400,000.00 (4) 46

2004 1) 535,000.00 461,000.00 996,000.00 16,550,000.00 6,550,000.00 23,100,000.00 17,085,000.00 7,011,000.00 24,096,000.00 2) 2004 12 31 (5) 3. 300,589,290.66 (1) 300,589,290.66 452,342,125.62 300,589,290.66 452,342,125.62 (2) 5% 5% 4. 392,948,948.67 (1) (%) 1 406,823,091.93 98.15 20,341,154.62 386,481,937.31 1-2 7,287,758.98 1.76 1,093,163.83 6,194,595.15 2-3 389,166.01 0.09 116,749.80 272,416.21 414,500,016.92 100.00 21,551,068.25 392,948,948.67 (%) 1 207,283,505.52 96.12 10,364,175.29 196,919,330.23 1-2 6,623,773.21 3.07 993,565.98 5,630,207.23 2-3 1,735,662.00 0.81 520,698.60 1,214,963.40 215,642,940.73 100.00 11,878,439.87 203,764,500.86 (2) 5 343,858,217.23 82.96% (3) 5% 5% 47

2004 (4) 39,359,092.78 8.2765 325,755,531.39 10,640,203.25 8.2767 88,065,770.24 14,657,432.00 1.0637 15,591,110.42 341,346,641.81 88,065,770.24 5. 52,734,380.03 (1) (%) 1 52,151,647.12 92.96 2,607,582.35 49,544,064.77 1-2 3,273,043.71 5.83 490,956.56 2,782,087.15 2-3 348,683.02 0.62 104,604.91 244,078.11 3 5 328,300.00 0.59 164,150.00 164,150.00 56,101,673.85 100.00 3,367,293.82 52,734,380.03 (%) 1 8,819,863.98 67.43 440,993.30 8,378,870.68 1-2 3,320,898.16 25.39 498,134.72 2,822,763.44 2-3 786,180.00 6.01 235,854.00 550,326.00 3 5 152,800.00 1.17 76,400.00 76,400.00 13,079,742.14 100.00 1,251,382.02 11,828,360.12 (2) 19,496,500.00 19,496,500.00 (3) 5 26,820,689.72 47.81% (4) 5% 5% (5) 48

2004 122,878.09 8.2765 1,017,000.51 50,297.00 8.2767 416,293.18 2,748,042.00 1.0637 2,923,092.28 3,940,092.79 416,293.18 6. 29,212,280.93 (1) (%) (%) 1 29,015,280.93 99.33 13,946,472.82 99.23 1-2 154,542.00 0.53 90,033.80 0.64 2-3 42,458.00 0.14 18,000.00 0.13 29,212,280.93 100.00 14,054,506.62 100.00 (2) 5% 5% (3) 1 1 197,000.00, (4) 741,949.12 8.2765 6,140,741.89 6,140,741.89 7. 63,823,906.90 (1) 63,823,906.90 4,047,829.21 63,823,906.90 4,047,829.21 2 49

2004 8. 1,552,090,236.07 (1) 3,790.93 3,790.93 332,831,166.65 73,343,261.53 259,487,905.12 24,690,169.72 24,690,169.72 517,151,635.56 37,982,157.85 479,169,477.71 187,427,937.47 84,932,327.69 102,495,609.78 895,025,335.89 219,098,688.13 675,926,647.76 489,379.83 489,379.83 9,827,255.22 9,827,255.22 1,967,446,671.27 415,356,435.20 1,552,090,236.07 266,207,406.39 67,526,349.71 198,681,056.68 103,174,587.36 103,174,587.36 383,552,509.10 34,559,959.10 348,992,550.00 204,290,711.85 115,335,144.32 88,955,567.53 712,384,978.01 167,937,853.29 544,447,124.72 9,861,326.55 9,861,326.55 1,679,471,519.26 385,359,306.42 1,294,112,212.84 [ ] (2) (3) 1) 67,526,349.71 53,432,426.11 47,615,514.29 73,343,261.53 34,559,959.10 3,422,198.75 37,982,157.85 115,335,144.32 30,402,816.63 84,932,327.69 167,937,853.29 200,306,280.98 149,145,446.14 219,098,688.13 385,359,306.42 257,160,905.84 227,163,777.06 415,356,435.20 50

2004 2) 9. 6,748,265.86 4,065,307.32 2,172,329.78 2005 1,255,555.33 1,584,959.53 2005 417,588.68 1,188,069.12 1,009,814.53 1,000,250.84 2005 6,748,265.86 5,945,609.27 10. 162,248,228.57 (1) 7,083,459.67 7,083,459.67 6,181,614.85 6,181,614.85 125,164,768.90 125,164,768.90 115,553,012.48 115,553,012.48 30,000,000.00 30,000,000.00 3,850,000.00 3,850,000.00 162,248,228.57 162,248,228.57 125,584,627.33 125,584,627.33 (2) 1) a. 50% 15 105,118,802.30 20,045,966.60 125,164,768.90 105,118,802.30 20,045,966.60 125,164,768.90 b. 115,553,012.48 9,611,756.42 125,164,768.90 115,553,012.48 9,611,756.42 125,164,768.90 c 51

2004 2) / a. 465,000.00 434,000.00 46,500.00 387,500.00 120 585,000.00 546,000.00 546,000.00 [ ] 555,000.00 518,000.00 55,500.00 462,500.00 120 114,227.39 106,612.27 11,422.74 95,189.53 120 370,833.32 346,111.08 37,083.33 309,027.75 120 378,000.00 352,800.00 37,800.00 315,000.00 120 46,046.93 42,977.17 4,604.69 38,372.48 120 889,162.24 829,884.72 88,916.22 740,968.50 120 379,089.85 353,817.21 37,908.99 315,908.22 120 86,268.80 80,517.52 8,626.88 71,890.64 120 255,000.00 238,000.00 25,500.00 212,500.00 120 40,866.34 38,141.94 4,086.63 34,055.31 120 1,365,000.00 1,274,000.00 136,500.00 1,137,500.00 120 63,307.93 59,087.37 6,330.79 52,756.58 120 74,993.63 69,994.03 7,499.36 62,494.67 120 358,571.13 334,666.41 35,857.11 298,809.30 120 99,384.79 92,759.11 9,938.48 82,820.63 120 171,633.24 160,191.00 17,163.32 143,027.68 120 167,163.82 156,019.58 16,716.38 139,303.20 120 158,609.44 148,035.44 15,860.94 132,174.50 120 2,068,901.53 2,068,901.53 17,240.85 2,051,660.68 120 8,692,060.38 6,181,614.85 2,068,901.53 1,167,056.71 7,083,459.67 [ ] b. 2004 100% 2,068,901.53 10 3 52

2004 1) 5% 15 3,850,000.00 3,850,000.00 15% 30,000,000.00 30,000,000.00 3,850,000.00 30,000,000.00 3,850,000.00 30,000,000.00 11. 654,488,968.91 (1) [ ] 183,493,785.32 112,800,952.97 843,983.00 295,450,755.29 207,147,070.88 92,972,481.38 52,605,049.97 47,514,502.29 35,485,866.44 11,079,248.89 3,514,825.40 43,050,289.93 47,907,807.83 27,231,812.41 9,799,411.62 65,340,208.62 3,133,212.78 3,133,212.78 474,034,530.47 247,217,708.43 66,763,269.99 654,488,968.91 [ ] (2) 73,152,082.89 (3) 50,101,023.18 3,486,794.31 (4) 45,132,662.77 4,412,943.28 40,719,719.49 45,132,662.77 4,412,943.28 40,719,719.49 (5) 10,124,981.27 6,113,708.94 3,672,047.57 339,224.76 10,124,981.27 6,113,708.94 3,672,047.57 339,224.76 (6) (7) 4,024,789.40 3,899,291.52 125,497.88 569,122.00 552,048.34 17,073.66 526,674.93 509,086.07 17,588.86 5,120,586.33 4,960,425.93 160,160.40 53

2004 4# 5# 38,944,620.00, 38,855,929.72 12 139,780,511.52 [ ] 9,539,159.85 8,180,148.31 42,931.68 17,676,376.48 65,066,068.86 37,807,811.42 15,595,335.32 87,278,544.96 9,073,635.72 6,576,994.65 1,430,279.69 14,220,350.68 12,020,417.47 11,575,315.53 3,165,741.26 20,429,991.74 175,247.66 175,247.66 95,699,281.90 64,315,517.57 20,234,287.95 139,780,511.52 [ ] 13 514,708,457.39 [ ] 277,774,378.81 173,954,625.47 160,235,957.33 142,081,002.02 28,829,939.25 26,412,230.72 44,910,216.88 35,887,390.36 2,957,965.12 514,708,457.39 378,335,248.57 [ ] 14 3,672,047.57 (1) 3,912,190.93 240,143.36 3,672,047.57 3,912,190.93 240,143.36 3,672,047.57 (2) 54

2004 15. 0.00 592,275.32 592,275.32 16. 4,823,004.00 (1) ( ) 4,823,004.00 4,823,004.00 2,511,607.32 2,511,607.32 ( ) 16,117,638.10 16,117,638.10 4,823,004.00 4,823,004.00 18,629,245.42 18,629,245.42 (2) 2,511,607.32 18,904,157.90 16,562,741.22 30,020.00 4,823,004.00 164,561,400.00 106.49% ( ) 16,117,638.10 40,616,183.57 56,589,341.67 144,480.00 44,000,000.00 128.94% ( ) 18,629,245.42 59,520,341.47 73,152,082.89 174,500.00 4,823,004.00 (3) 17. 149,573,226.83 (1) 7,078,545.00 7,078,545.00 7,252,965.00 7,252,965.00 141,263,183.33 141,263,183.33 804,448.50 804,448.50 128,430.56 128,430.56 427,050.00 427,050.00 149,573,226.83 149,573,226.83 7,381,395.56 7,381,395.56 55

2004 (2) 8,255,880.00 7,252,965.00 174,420.00 7,078,545.00 1,177,335.00 40.48 ARM 132,100.00 128,430.56 128,430.56 [ ] 132,100.00 150,014,000.00 150,014,000.00 8,750,816.67 141,263,183.33 8,750,816.67 ORACLE 235,000.00 235,000.00 54,833.33 180,166.67 54,833.33 3.83 IBM 796,955.52 796,955.52 172,673.69 624,281.83 172,673.69 3.92 438,000.00 438,000.00 10,950.00 427,050.00 10,950.00 9.75 159,871,935.52 7,381,395.56 151,483,955.52 9,292,124.25 149,573,226.83 10,298,708.69 [ ]: (3) (4) 100 15,000 2003 12 31 [2004] 53 5 2004 12 31 18. 91,384,500.00 (1) 91,384,500.00 91,384,500.00 (2) 5,000,000.00 8.2765 41,382,500.00 41,382,500.00 56

2004 19. 556,986,295.74 (1) 322,566,343.47 234,419,952.27[ ] 74,486,015.97 556,986,295.74 74,486,015.97 [ ] 2004 12 31 160,000,000.00 (2) 5% 5% 20. 1,899,908,495.93 (1) 5% 5% 75,000,000.00 75,000,000.00 (2) 94,114,061.58 8.2765 778,935,030.67 62,716,197.09 8.2767 519,083,148.45 74,315,000.00 0.0797 5,922,905.50 164,171,129.88 0.0773813 12,703,775.45 1,797,699.00 11.2627 20,246,944.53 3,827,279.56 10.3864 39,751,656.42 51,622.00 1.0637 54,910.32 805,159,791.02 571,538,580.32 (3) 3 3 4,002,085.65 21. 502,784,038.94 (1) 5% 5% (2) 633,295.37 8.2765 5,241,469.13 1,120,714.33 8.2767 9,275,816.30 2,193,530.00 1.0637 2,333,257.86 7,574,726.99 9,275,816.30 57

2004 22 9,915,737.49 23. -90,704,038.74 (1) -120,626,525.71-3,758,563.53 17% 50,687.21 29,368.54 5% 966,535.04 1,495,740.44 7% 1% 23,635,915.45 31,003,213.11 33% 934,812.54 306,578.47 1.2% 12% 4,319,437.45 3,727,125.51 15,099.28 563,646.19-90,704,038.74 33,367,108.73 (2) ( )1 24 1,662,417.16 575,398.94 760,759.06 3% 4% 580,865.05 142,434.39 5 / 20,549.47 170,873.72 4,303.43 485,603.70 352,170.52 1,662,417.16 1,430,541.12 25. 71,433,330.58 (1) 5% 5% (2) 58

2004 35,410.00 8.2765 293,070.87 9,600.00 11.2627 108,121.92 18,919,488.00 1.0637 20,124,659.39 20,525,852.18 26. 9,206,469.95 6,289,035.40 2,758,334.04 130,584.72 8,515.79 20,000.00 9,206,469.95 27. 35,000,000.00 (1) 35,000,000.00 25,000,000.00 35,000,000.00 25,000,000.00 (2) 35,000,000.00 35,000,000.00 28. 0.00 35,000,000.00 35,000,000.00 59

2004 29 31,160,643.00 (1) 17,550,000.00 7,550,000.00 1,000,000.00 12,610,643.00 4,766,674.00 31,160,643.00 12,316,674.00 2 1 2002 4 15 2.5G GSM 2,550,000.00 2002 12 12 [2002]47 2002 5,000,000.00 2004 12 24 [2004]758 2004 10,000,000.00 2 2004 1 8 [2003]177 [2003]722 2003 250,000.00 2004 12 3 [2004]169 [2004]654 2004 750,000.00 3 1 15 7 20 7,843,969.00 4 2004 12 31 30. 192,000,000.00 (1) + - 1 120,000,000.00 120,000,000.00 2 3 60

2004 4 5 120,000,000.00 120,000,000.00 1 40,000,000.00 32,000,000.00 72,000,000.00 2 3 4 40,000,000.00 32,000,000.00 72,000,000.00 160,000,000.00 32,000,000.00 192,000,000.00 (2) 2003 5 30 2002 3,200 A 2004 5 21 2003 [2004]112 2004 6 3,200 32,000,000.00 [2004] 64 31. 1,039,137,140.73 (1) 589,905,618.72 405,207,213.84 995,112,832.56 20,519,777.81 5,806,695.68 26,326,473.49 16,856,728.00 16,856,728.00 841,106.68 841,106.68 628,123,231.21 411,013,909.52 1,039,137,140.73 (2) 1) 405,207,213.84 3,200 14.28 456,960,000.00 19,844,420.31 437,115,579.69 32,000,000.00 405,115,579.69 91,634.15 2 6,063,842.80 5,457,458.52 107,150.90 86,792.23 61

2004 324,006.09 262,444.93 32. 117,704,012.65 (1) 57,242,614.89 20,724,943.17 77,967,558.06 28,621,307.45 10,362,471.59 38,983,779.04 752,675.55 752,675.55 86,616,597.89 31,087,414.76 117,704,012.65 (2) 31,087,414.76 33 2 2)b 33. 510,316,153.99 (1) 397,943,754.17 207,459,814.58 95,087,414.76 510,316,153.99 (2) 1) 2) 95,087,414.76 a. 2004 5 21 2003 2003 2003 10% 5% 16,000 10 4.00 2004 6 64,000,000.00 b. 2005 3 17 2004 2004 10% 20,724,943.17 5% 10,362,471.59 31,087,414.76 3) 57,600,000.00 2005 3 17 2004 19,200 10 3.00 57,600,000.00 62

2004 4) 2004 5 21 2003 ( ) 1 / 10,245,988,575.60/8,668,190,548.76 (1) 23,334,683,051.64 28,636,614,217.75 145,469,258.41 158,123,771.42 23,480,152,310.05 28,794,737,989.17 13,234,163,734.45 17,953,261,402.86 10,245,988,575.60 10,841,476,586.31 21,884,363,577.93 26,849,222,781.54 99,772,108.10 152,432,329.64 21,984,135,686.03 27,001,655,111.18 13,315,945,137.27 18,022,192,894.31 8,668,190,548.76 8,979,462,216.87 (2) 21,423,357,210.98 28,477,090,479.44 2,056,795,099.07 317,647,509.73 23,480,152,310.05 28,794,737,989.17 13,234,163,734.45 17,953,261,402.86 10,245,988,575.60 10,841,476,586.31 20,084,706,355.45 26,707,055,513.58 1,899,429,330.58 294,599,597.60 21,984,135,686.03 27,001,655,111.18 13,315,945,137.27 18,022,192,894.31 8,668,190,548.76 8,979,462,216.87 63

2004 (3) 5 1,864,099,458.10 18.19% 2 14,587,300.62 17,256.82 69,230.84 5% 9,525,738.76 20,225,801.93 1% 7% 4,996,135.57 10,500,435.29 3% 4% 48,169.47 2,126,425.86 14,587,300.62 32,921,893.92 3. -35,088,857.40 (1) 30,005,380.68 86,742,717.59 56,737,336.91 884,722,808.10 839,908,647.70 44,814,160.40 15,337,215.20 117,831.05 15,219,384.15 7,558,388.39 434,601.22 7,123,787.17 20,860,632.29 14,431,536.93 6,429,095.36 13,963,187.80 8,041,877.70 5,921,310.10 66,203,228.17 101,292,085.57-35,088,857.40 906,244,384.29 848,385,126.62 57,859,257.67 (3) 10% 10% 4. -1,372,443.14 3,423,783.91 7,659,875.76 16,427,744.94 4,936,552.33 16,803,269.63 1,715,042.71 10,773,239.93 2,056,639.15 5,601,488.19 4,902,722.36-1,372,443.14 7,284,449.35 5. 2,508,061.34 (1) 64

2004 1,074,361.63 9,611,756.42 10,434,210.18-1,167,056.71-1,572,219.63-7,011,000.00-3,779,174.92 1,724,010.73 2,508,061.34 6,806,826.36 (2) 6. 13,251,798.98 (1) 6,627,207.70 8,693,610.66 4,426,562.28 10,954,321.61 2,198,029.00 684,418.21 13,251,798.98 20,332,350.48 (2) 1) 6,627,207.70 3 2) [2004]304 2003 50,000.00 [2004]86 2003 1,000,000.00 [2004]85 2004 39 2003 200,000.00 [2004]433 [2004]712 2004 1,150,000.00 [2003]537 2003 760,000.00 65

2004 [2004]700 2003 1,070,000.00 196,562.28 3) [2004]66 2003 122,352.00 1,250,537.00 30,000.00 [2004]30 795,140.00 7. 12,882,111.95 3,091,358.58 1,316,176.78 2,575,802.61 20,817.24 5,723,813.16 2,774,644.79 135.00 1,491,137.60 489,155.83 12,882,111.95 4,600,929.64 8. 11,545,769.84 2,750,697.54 1,617,971.78 2,769,420.87 1,786,309.22 141,228.96 135,665.57 2,851,000.00 556,841.68 830,371.86 2,862,558.59 1,060,000.00 1,143,050.61 1,964,247.76 3,912,190.93 11,545,769.84 12,835,785.53 66

2004 ( ) 1. 6,624,591.28 18,843,969.00 5,723,813.16 3,091,358.58 34,283,732.02 2. 196,352,827.39 213,697,700.84 37,868,316.72 19,004,323.15 21,439,470.69 97,368,452.01 58,239,638.55 43,372,866.46 23,781,710.52 14,974,338.45 17,383,500.00 30,861,799.47 13,436,783.83 6,941,480.30 3,276,076.52 4,870,412.40 9,343,601.76 3,853,901.56 816,067,200.62 67

2004 3. 16,427,744.94 27,582,835.60 44,010,580.54 4. 3,866,000.00 3,866,000.00 ( ) 1. 376,955,184.39 (1) % 1 380,403,228.92 95.41 19,020,161.46 361,383,067.46 1-2 18,320,137.57 4.59 2,748,020.64 15,572,116.93 398,723,366.49 100.00 21,768,182.10 376,955,184.39 % 1 235,570,449.16 100.00 11,778,522.46 223,791,926.70 235,570,449.16 100.00 11,778,522.46 223,791,926.70 (2) 5 360,607,476.91 90.44% (3) 5% 5% (4) 39,359,092.78 8.2765 325,755,531.39 10,640,203.25 8.2767 88,065,770.24 325,755,531.39 88,065,770.24 68

2004 2. 21,684,475.46 (1) % 1 22,772,849.96 99.70 1,138,642.50 21,634,207.46 1-2 20,000.00 0.09 3,000.00 17,000.00 2-3 43,740.00 0.19 13,122.00 30,618.00 3-5 5,300.00 0.02 2,650.00 2,650.00 22,841,889.96 100.00 1,157,414.50 21,684,475.46 % 1 39,102,275.08 22.92 1,955,113.75 37,147,161.33 1-2 131,359,874.98 76.99 19,703,981.25 111,655,893.73 2-3 5,000.00 0.001 1,500.00 3,500.00 3-5 152,800.00 0.089 76,400.00 76,400.00 170,619,950.06 100.00 21,736,995.00 148,882,955.06 (2) 19,496,500.00 19,496,500.00 (3) 5 21,110,460.71 92.42% (4) 5% 5% (5) 122,878.09 8.2765 1,107,000.51 50,297.00 8.2767 416,293.18 1,107,000.51 416,293.18 3. 321,922,829.01 (1) 166,348,237.45 166,348,237.45 84,302,264.09 84,302,264.10 409,822.66 409,822.66 550,566.96 550,566.96 69

2004 125,164,768.90 125,164,768.90 115,553,012.48 115,553,012.48 30,000,000.00 30,000,000.00 3,850,000.00 3,850,000.00 321,922,829.01 321,922,829.01 204,255,843.53 204,255,843.53 (2) 1) a. 90% 10 4,500,000.00 76,254,528.76 7,057,811.80 87,812,340.56 50% 10 2,500,000.00-2,090,177.34 409,822.66 70% 10 1,400,000.00-1,398,124.06 1,875.94 70% 10 7,000,000.00 16,582,268.21 23,582,268.21 51% 15 8,442,030.00-2,248,779.79 6,193,250.21 50% 10 105,118,802.30 20,045,966.60 125,164,768.90 73% 10 2,190,000.00-61,064.06 2,128,935.94 70% 15,069,600.00-8,027,408.09 7,042,191.91 70% 29-29,101.28-29,101.28 100% 39,313,598.47-1,748,783.19 2,051,660.68 39,616,475.96 185,534,030.77 97,279,325.76 7,057,811.80 2,051,660.68 291,922,829.01 b. 69,848,719.13 12,156,925.75 5,806,695.68 87,812,340.56 550,566.96-140,744.30 409,822.66 71,312.08-69,436.14 1,875.94 7,135,656.71 16,446,611.50 23,582,268.21 7,246,576.17-1,053,325.96 6,193,250.21 115,553,012.48 9,611,756.42 125,164,768.90 2,190,000.00-61,064.06 2,128,935.94 15,069,600.00-8,027,408.09 7,042,191.91-29,101.28-29,101.28 39,313,598.47-1,748,783.19 2,051,660.68 39,616,475.96 200,405,843.53 56,573,198.47 27,085,430.65 5,806,695.68 2,051,660.68 291,922,829.01 2) 3) a. 2,068,901.53 2,068,901,53 17,240.85 2,051,660.68 120 70

2004 2,068,901.53 2,068,901.53 17,240.85 2,051,660.68 b. 2004 100% 2,068,901.53 10 (3) 1) 15% 30,000,000.00 30,000,000.00 5% 10 3,850,000.00 3,850,000.00 3,850,000.00 30,000,000.00 3,850,000.00 30,000,000.00 ( ) 1. 9,561,605,759.42 (1) 9,561,605,759.42 10,040,401,135.03 1,396,589.20 9,561,605,759.42 10,041,797,724.23 (2) 5 6,612,010,640.25 69.15% 2. 8,633,388,551.24 8,633,388,551.24 9,067,423,648.16 7,937,248.82 8,633,388,551.24 9,075,360,896.98 3. 21,131,551.43 27,085,430.65 25,810,511.93 1,074,361.63-17,240.85 71

2004-7,011,000.00-3,779,174.92 1,724,101.73 21,131,551.43 23,755,438.74 ( ) 1 (1) 72

2004 73

2004 74

2004 (2) 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 2,000,000.00 2,000,000.00 USD2,000,000.00 USD2,000,000.00 3,000,000.00 3,000,000.00 HKD39,000,000.00 HKD39,000,000.00 21,528,000.00 21,528,000.00 2,000,000.00 2,000,000.00 1,500,000.00 1,500,000.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 1,500,000.00 1,500,000.00 3,500,000.00 3,500,000.00 3,000,000.00 3,000,000.00 75

2004 3,000,000.00 3,000,000.00 1,500,000.00 1,500,000.00 1,200,000.00 1,200,000.00 1,500,000.00 1,500,000.00 1,600,000.00 1,600,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,500,000.00 3,000,000.00 3,000,000.00 1,800,000.00 1,800,000.00 1,200,000.00 1,200,000.00 1,800,000.00 1,800,000.00 1,500,000.00 1,500,000.00 1,000,000.00 1,000,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,000,000.00 1,000,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,000,000.00 1,000,000.00 1,500,000.00 1,500,000.00 1,000,000.00 1,000,000.00 2,000,000.00 2,000,000.00 3,000,000.00 3,000,000.00 1,500,000.00 1,500,000.00 1,000,000.00 1,000,000.00 1,500,000.00 1,500,000.00 2,000,000.00 2,000,000.00 76

2004 1,000,000.00 1,000,000.00 1,500,000.00 1,500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 1,100,000.00 1,100,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 5,000,000.00 5,000,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 528,000.00 528,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 550,000.00 550,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 77

2004 500,000.00 500,000.00 500,000.00 500,000.00 1,500,000.00 1,500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 (3) 4,500,000.00 90% 4,500,000.00 90% 4,250,000.00 85% 4,250,000.00 85% 7,000,000.00 70% 7,000,000.00 70% USD1,020,000 51% USD1,020,000 51% 1,400,000.00 70% 1,400,000.00 70% 2,190,000.00 73% 2,190,000.00 73% HKD39,000,000 100% HKD39,000,000 100% 15,069,600.00 70% 15,069,600.00 70% 1,620,000.00 81% 1,620,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,620,000.00 81% 1,620,000.00 81% 1,620,000.00 81% 1,620,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 2,835,000.00 81% 2,835,000.00 81% 2,430,000.00 81% 2,430,000.00 81% 2,430,000.00 81% 2,430,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 972,000.00 81% 972,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,296,000.00 81% 1,296,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 2,430,000.00 81% 2,430,000.00 81% 1,458,000.00 81% 1,458,000.00 81% 972,000.00 81% 972,000.00 81% 1,458,000.00 81% 1,458,000.00 81% 1,215,00.00 81% 1,215,00.00 81% 810,000.00 81% 810,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 78

2004 1,215,000.00 81% 1,215,000.00 81% 810,000.00 81% 810,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 810,000.00 81% 810,000.00 81% 810,000.00 81% 810,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 810,000.00 81% 810,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 810,000.00 81% 810,000.00 81% 1,620,000.00 81% 1,620,000.00 81% 2,430,000.00 81% 2,430,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 810,000.00 81% 810,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 1,350,000.00 67.50% 1,350,000.00 67.50% 810,000.00 81% 810,000.00 81% 1,215,000.00 81% 1,215,000.00 81% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 227,500.00 45.50% 227,500.00 45.50% 332,500.00 66.50% 332,500.00 66.50% 731,500.00 66.50% 731,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 315,000.00 63.00% 315,000.00 63.00% 315,000.00 63.00% 315,000.00 63.00% 315,000.00 63.00% 315,000.00 63.00% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 3,325,000.00 66.50% 3,325,000.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 79

2004 332,500.00 62.97% 332,500.00 62.97% 315,000.00 63.00% 315,000.00 63.00% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 327,250.00 59.50% 327,250.00 59.50% 332,500.00 66.50% 332,500.00 66.50% 315,000.00 63.00% 315,000.00 63.00% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 315,000.00 63.00% 315,000.00 63.00% 945,000.00 63.00% 945,000.00 63.00% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 332,500.00 66.50% 2 ( ) 1. 453,956.84[ ] 797,324,716.36 797,324,716.36 [ ]: 2. 4,727,558.58[ ] 646,081,442.50 4,727,558.58 646,081,442.50 80

2004 [ ]: 3. % (1) [ ] 160,000,000.00 28.73 160,000,000.00 28.73 (2) 75,000,000.00 3.95 104,913,562.50 167,645.79 5.52 0.01 179,913,562.50 167,645.79 9.47 0.01 (3) 182,405.00 0.21 182,405,00 0.21 [ ]: 2004 12 31 160,000,000.00 4. (1) 2004 12 31 35,000,000.00 (2) 10-15% 254,335,824.16 793,784.64 24,134 15 600 2004 12 31 35,316,261.56 32,712,467.70 6,000,000.00 4,175,878.27 81

2004 2004 2 19 393 365 33,444,428.90 2004 3 440,415.89 (3) (, ) ( ) (4) 16 9 164.36 16 9 187.67 2004 10-20 20 3 6 2003 10-20 20 8 1 ( ) 2004 12 31 160,000,000.00 ( )19 ( ) ( ) 2005 3 17 2004 2004 10 10 192,000,000.00 2005 3 17 82

2004 2004 4 29, 5% 4,924,361.63 2004 6 28 1,074,361.63 2003 5 30 2002 3200 A 2004 5 21 2003 14.28 / 3,200 2004 7 22 2004 8 3 456,960,000.00 19,844,420.31 437,115,579.69 [2004] 64 2004 4 28 5 2004 9 30,000,000.00 15% 2004 5 21, 1.5 ( ) ( 2004 6 22 2004 1.5 2004 50% 2005 25% 2006 25% 2004 12 31 75,000,000.00 1 --- - 2004 + - 2004 962,620.79 13,251,798.98 1,448,082.95 15,662,502.72-4,527,157.86 83

2004-2,247,123.18 8,888,221.68 84

2004 2005 3 17 85