% 29.9%.7% % 2% 2.1% % 45.2% 4.9% % 42.5% 14.8% % 41.5% 23.4%... 2

211 2

211 2... 3... 3... 5... 5... 6... 9... 1 64.2% 29.9%.7%... 1 64.9% 2% 2.1%... 13 72.8% 45.2% 4.9%... 15 84.2% 42.5% 14.8%... 18 15.8% 41.5% 23.4%... 21... 23... 24... 24... 26... 28... 3... 32... 34-2 -

211 2 211 1 2.5 211 1-14, 19%, 15.5% 1-16 1-18 18 ( ) ( ) 211 1 26 ( ), 1-26, 6%, 1.1 1-27 1 27 28 11, 16 3

4 211 2

211 2 211 1 12 66 33 23.6 33.4% 66.6% 22 113.67 2 9.63 9 11.95 1 33 67.8 1 1 22 4 16.28646.5-1.4 4 4 41.48514 5.37262.8-1.2 1.8-2.4 8 4 5.37 3 4.8 2 3 4.8372.8-1.8 1 13.7782 2. 1 1 9.15512.85-2.3 2 1.63553 1.-3. 2 12.88376 1.6 1.33779 3.97 2 1 9 11.95 1 1.19686 1.2 3 4.3 2 2.8486.4-2. 3 4.3157 1-1.75 1.8659.27 2 3.768 3 2 3.8 3 5

211 2 1 2 2 9.6346 2.-3. 4 1 33 67.8 2 6.67711 1 1.1647 14 29.18826 5 9.48657 7 15.86258 1 4.23792 1 1.1815 2 11.56882 12 1/3 14 29.19 43% 7 15.86 23% 5 2 2 1 1 2 117.67 221.36 9 42.36 4 29.71 M M /M 2632.7 2632.7 1 1266 489 DE7-P-1 6329.2 8824.9 1.4 37666 4269 DE5-D-1 62792.3 8799.2 1.4 32922 3745 348.4 1392.2.4 684 4912 6

211 2 18 1178.8 175513.2 1.5 655 3447 18 168.1 15912.2 1.5 77259 4859 24928.2 C-2-1-1 49856.4 2 6731 135 G-2-1 A 13778.2 275416.4 2 313383 11378 913.1 1826.2 2 111913 6217 7718.2 15436.4 2 9592 6214 9885.1 19761.2 2 265687 13445 A1-3 35642.3 8915.8 2.5 53827 641 41357 82714 2 6236 75 42662.1 98122.8 2.3 3131 319 E23-1E23-4 42662.1 16655.3 2.5 93857 88 E-2-1 E-2-7 1198.1 181976.6 1.8 3683 1686 3171.8 3853 1.2 9621 2528 36515.2 91288 2.5 13693 15 B16-1 776.9 19267.3 2.5 7 3633 7

211 2 53778.9 134447.3 2.5 38699 2878 C13-3C13-6 1 12.97 1 6 6.9 4 962 2528 / 3633 / 6632 7733 / 4 3 5% 1 28 11.19 8

211 2 6217 / 62 / 1 9

211 2 64.2% 29.9%.7% 1 M² 28 15 ( ) /M² 24, 24 2 16 12 8 4 2, 16, 12, 8, 4, 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 M 1,6 1,4 1,2 1,14 1,122 1,19 1,111 1,89 1,127 1,28 1,241 1,275 1,279 1,332 1,294 1,37 1,341 1,286 1, 8 6 4 2 911 912 11 12 13 14 15 16 1,7 1,8 1,9 11 111 112 111 1 82.22 66% 3.2% 1 61 1

211 2 12.73 17.79 11,663 3945 136.88 29.9% 39.61.8% 22,535 /.7% 21.9% 5 7 8 1 1,286 2 M² 6 5 4 3 2 1 /M² 7 6 5 4 3 2 1 M 3 25 2 112 111 15 1 5 1 11

211 2 1.3% 1.6%3.9% 19 1 12

211 2 64.9% 2% 2.1% M 18 16 14 12 1 8 6 4 2 15 /M² ( ) 24, 2, 16, 12, 8, 4, 911 912 11 12 13 14 15 16 1,7 1,8 1,9 1,1 111 112 111 M 45 4 35 324 33 333 337 382 354 364 386 343 3 25 2 15 1 5 265 265 272 268 259 272 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 1 3 46.88 64.9% 2.2% 8141 269 89.21 2% 72.8% 21,63 / 2.1% 15.6% 1 343 13

211 2 1 42222.49 33213.31 382.2 27347.54 2576.31 22463.24 ( ) 21851.87 21814.62 21739.11 2486.2 26.77 57.1% 3 3 1 4 4.2 1 / 28,16 28 2,751 21,617 29 25,9 19,395 21 14,315 19,335 191 11,819 18,389 122 15,89 18,34 184 18,429 17,84 157 13,898 15,625 165 17,15 14,988 163 13,225 13,771 13 17,63 18.73 21% 2 14

211 2 72.8% 45.2% 4.9% M 4 3 2 1 15 ( ) 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 /M² 4, 35, 3, 25, 2, 15, 1, 5, M 16 14 12 126 119 123 119 117 146 149 137 142 142 133 135 126 128 119 1 8 6 4 2 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 1 6.6 72.8% 69.1% 3 676 15.89 45.2% 2.1% 3,636 / 4.9% 12.6% 15 15

211 2.4 1 118 A5-1 A5-1 1 2368.73 1124.46 8277.86 4686.56 3998.61 3971.32 DE5-J-4 26.27 1399.84 1242.48 314.32 2 1 2.37 1.1 1 / 1,64 52 24,29 9,482 52 26,249 7,57 42 32,462 ( ) 4,764 24 19,348 16

211 2 3,773 11 34,785 3,769 13 38,287 3,622 28 15,631 3,249 13 2,277 3,61 13 14,92 2,89 13 56,263 1 1 52 17

211 2 84.2% 42.5% 14.8% M 5 45 4 35 3 25 2 15 1 5 15 ( ) 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 /M² 35, 3, 25, 2, 15, 1, 5, 4 35 3 25 244 249 243 249 243 254 271 29 35 31 313 313 313 334 326 2 15 1 5 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 1 7.5 84.2% 15.7% 21 4 15.18 42.5% 25% 1285 4 12 23,869 / 14.8% 49% 18

211 2.5 326 1 18725.4 36134.48 385.84 19861.21 182.3 5 3.61 1.87 1.98 1 / 18,782 75 19,868 7,28 37 45,62 6,539 42 21,1 6,495 129 15,616 5,885 46 24,433 5,397 31 32,368 5,8 8 15,174 " " 4,284 2 19,934 3,882 24 27,516 3,667 12 63,152 6.7 44.18% 19

211 2 3 1 1 75 1.88 37 728 2

211 2 15.8% 41.5% 23.4% 15 M 4 ( ) /M² 3, 3 25, 2, 2 15, 1 1, 5, 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 52 515 51 5 49 497 484 488 483 49 486 489 52 493 56 54 56 53 58 48 47 46 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 1 21.65 15.8% 362.2% 2 1561 16.61 41.5% 11.2% 1 58 21

211 2 1 21,22 16,717 15,446 14,153 12,154 B 11,551 1,867 1,57 1,162 9,25 1 9 1 2.1 1.67 2 1 / 12,81 193 17,74 1,883 13 16,837 1,3 121 15,68 1#2# 9,196 8 4,349 5,45 6 6, 4,571 42 21,676 4,51 1 52,64 3,416 52 17,694 3,34 62 17,59 3,72 7 13,36 22

211 2 1 TOP1 1 1.28 1 12 1 4 4 211 1 " " 3% 4% 23

211 2 M² 5, 45, 4, 35, 3, 25, 2, 15, 1, 5, 911 912 11 12 13 14 15 16 1,7 1,8 1,9 1,1 111 112 111 5. 45. 4. 35. 3. 25. 2. 15. 1. 5.. 14 12 1 8 6 4 2 911 912 11 12 13 14 15 16 1,7 1,8 1,9 1,1 111 112 111 /M² 45, 4, 35, 3, 25, 2, 15, 1, 5, 1 4 611 3564 3,9785 / 6.6% 24

211 2 M 8. 7. 6. 5. 4. 3. 4.8 3.8 2.8 2.7 7.2 5.5 5.1 4.5 3.7 3.3 6. 5.6 2. 1.9 1.7 1.6 1.. 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 1 5.6 TOP1 1,753 8 48,16 / 1,62 9 26,568 42 1 61,779 / 119 1 12,578 18 1 12,56 8 1 15,168 6 8 48,16 / 25

211 2 M² 25, 2, 15, 1, 5, 911 912 11 12 13 14 15 16 1,7 1,8 1,9 1,1 111 112 111 6. 5. 4. 3. 2. 1.. 7 6 5 4 3 2 1 911 912 11 12 13 14 15 16 1,7 1,8 1,9 1,1 111 112 111 /M² 18, 16, 14, 12, 1, 8, 6, 4, 2, 8 211 1 2594 1 2.3% 26.4% 26

211 2 16. 13.9 14. 12. 1. 8. 6. 4. 2. 11.7 1.4 1.4 1.3 9.8 9.7 9.5 9.5 9.4 9.3 9.1 9. 8.8 5.6. 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 1 1 5.6 TOP1 4# 1,186 6 81,362 1,32 2 17,88 292 1 55,178 84 1 39,71 4 1 2594 4# 6 1186 2 17,88 / 27

211 2 M² 14, 12, 1, 8, 6, 4, 2, 911 912 11 12 13 14 15 16 1,7 1,8 1,9 1,1 111 112 111 1. 9. 8. 7. 6. 5. 4. 3. 2. 1.. 3 /M² 6, 25 5, 2 4, 15 3, 1 2, 5 1, 911 912 11 12 13 14 15 16 1,7 1,8 1,9 1,1 111 112 111 4.1 216 13.3% 4,581 / 5.1% 8 28

211 2 M 2 18 16 14 12 1 8 6 4 2 6. 6.2 6. 6. 18.2 16.8 14.1 14.4 13.7 14.1 12.8 12.2 1.3 1.3 9.7 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 1 14.1 TOP1 1,751 43 35,129 7,66 5 4,19 7,591 4 49,484 / / 6,314 37 43,249 / / 5,637 24 37,666 / / 1,167 1 31,858 / / 1,72 9 32,972 / 674 2 62,299 89 1 25,253 41 1,751 35,129 / 75 29

211 2 9 M² 1, 9, 8, 7, 6, 5, 4, 3, 2, 1, 911 912 11 12 13 14 15 16 1,7 1,8 1,9 1,1 111 112 111 12. 1. 8. 6. 4. 2.. 9 8 7 6 5 4 3 2 1 911 912 11 12 13 14 15 16 1,7 1,8 1,9 1,1 111 112 111 /M² 2, 18, 16, 14, 12, 1, 8, 6, 4, 2, 1 3 1.4 54% 138 14 17,644 / 9.9% 3

211 2 M 3 25 2 19.8 17.7 2. 19.2 18.2 17.9 24.7 23.6 22.5 2. 21.6 19.7 17.4 15 14.4 13. 1 5 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 1 13 TOP1 3,176 34 17,4 1,782 21 17,717 (1 ) 1,712 17 21,27 " " 1,435 17 15,266 1,218 11 17,811 1,163 1 14,97 1,13 11 18,27 478 4 14,378 477 2 2,318 // / 43 2 18,717 TOP1 1.3 92.8% 129 16,947 / 34 3176 7 1 31

211 2 11 A2 M² 7, 6, 5, 4, 3, 2, 1, 911 912 11 12 13 14 15 16 1,7 1,8 1,9 1,1 111 112 111 4. 3.5 3. 2.5 2. 1.5 1..5. 8 7 6 5 4 3 2 1 911 912 11 12 13 14 15 16 1,7 1,8 1,9 1,1 111 112 111 /M² 14, 12, 1, 8, 6, 4, 2, 1 163 1.51 12.6% 11,662 / 3% 32

211 2 M 1 9 8 7 6.7 6.6 7.7 7.1 9. 8.6 7.4 8.3 9. 6.5 7.9 6.4 6 5 5. 4.9 4.7 4 3 2 1 911 912 11 12 13 14 15 16 17 18 19 11 111 112 111 1 6.4 TOP1 1,333 117 13,751 WNW-C4 2 2,582 21 5,22 DE5-J-4 1,38 13 9,561 ~ 218 2 8,113 176 2 8,392 98 1 2,494 1 1 6 117 1.3 13,751 / 33

211 2 1836 : 16 312 1.92 46% 2944 :499 1.7/ 418-18 28 2.81M² 2831/M² 888955 3 715 1.49 1 2.65/ 29 2.62M² 259/M² 34

211 2 85 2557 357 1.4 35% : 65 89-91 135 3 6 111 222 21 1.94M² 14315/M² 2158 11 7.3.6 35% 365 1.9/ 46 4546M² 11798/M² 35

211 2 216 ( ) 148-26/ 6 8123 1.6 4% 231 1.45/ 116 311 12 122 1.83M² 1589/M² 1423 17 1.2 45% 124 2.5/ 12 9-21 184 1.83M² 18429/M² 36

211 2 299 44256 17932 1.3 63.76% 215 : 515 77 918 416 131 1472M² 1417/M² 9 11533 3.79 4% 23 3.8/,, 165 1.56M² 1715/M² 37

211 2 399 43424 128451 2.5 37% 782 1.7/ 163 1.5M² 13225/M² 159 5 1.44 35% 12 2.7/ soho 13 1.37M² 1763/M² 38

211 2 (8621) 68419699 (8621) 68419399 166 21 862168419699 862168419399 39

211 2 211 211 Copyright Declaration: The opinions in this report are based on open information and the author s field survey. The author tries his best to give objective and just comments. This report is just the institution s and the author s opinions, and can t be a concrete investing suggestion. Investor should be on his own risk if investing on it. All rights reserved. No part of this report may be reproduced, transmitted or stored in any from or by any means for any purpose without the prior permission of Fortune-Sun (China) Holdings, Limited. 4