2006 2006 1 1.1 http://www.sse.com.cn 1.2 11 9 1.3 1.4 2 2.1 600026 1138 168 ; 700 200080 www.cnshippingdev.com csd@cnshipping.com 2.2 700 1601 021-65966666-6163/7742 86-21-65966160 yqh@cnshipping.com 1
2006 3 3.1 : : 2006 2005 (%) 2004 9,772,392 8,700,448 12.3 6,486,955 3,226,234 3,169,538 1.79 2,201,120 2,760,793 2,714,223 1.72 1,892,074 2,626,614 2,624,440 0.08 1,854,542 3,306,573 3,671,053-9.93 2,762,683 2006 2005 (%) 2004 17,011,620 13,251,653 28.37 11,522,603 12,465,896 10,711,224 16.38 8,524,297 3.2 : 2006 2005 2004 (%) 0.8301 0.816 1.72 0.569 % 22.15 25.34 3.19 22.20 21.07 24.50 3.43 % 21.76 0.994 1.104-9.93 0.831 2006 2005 2004 (%) 3.75 3.22 16.46 2.56 3.75 3.22 16.46 2.56 : : 138,811 4,274 1,461-12,896 2,528 134,179 2
2006 3.3 : : 2,760,793 2,755,850 4 4.1 : (%) (%) 1 2 1,578,500,000 47.46 1,578,500,000 47.46 3 4 1,578,500,000 47.46 1,578,500,000 47.46 1 451,500,000 13.57 451,500,000 13.57 2 3 1,296,000,000 38.97 1,296,000,000 38.97 4 1,747,500,000 52.54 1,747,500,000 52.54 3,326,000,000 100.00 3,326,000,000 100.00 3
2006 4.2 : 51,474 H 402 (%) 47.46 1,578,500,000 1,578,500,000 HKSCC NOMINEES LIMITED 38.61 1,284,060,897 0 0.36 12,000,488 AM A 0 0.36 12,000,000 005L FH002 0 ING BANK N.V. 0.27 8,904,904 0 GOVERNMENT OF SINGAPORE INVESTMENT CORPORATION PTE LTD 0.26 8,728,973 0 0.24 8,000,000 0 0.23 7,744,744 0 0.19 6,400,471 0 UBS AG 0.19 6,388,066 0 HKSCC NOMINEES LIMITED 1,284,060,897 12,000,488 AM A 12,000,000 005L FH002 ING BANK N.V. 8,904,904 GOVERNMENT OF SINGAPORE INVESTMENT CORPORATION PTE LTD 8,728,973 8,000,000 7,744,744 6,400,471 UBS AG 6,388,066 6,032,256 1 2 HKSCC NOMINEES LIMITED 3 4
2006 4.3 4.3.1 4.3.2 (1) ( ) 66.20 1997 8 18 4.3.3 5
2006 5 5.1 : : ( ) 2006 5 26 57 0 0 0 2006 12 28 53 0 0 0 2006 5 26 47 0 0 0 2006 5 26 51 0 0 0 2007 1 1 57 2009 12 31 0 0 62.0 2007 1 1 59 2009 12 31 0 0 71.9 2006 5 26 61 0 0 0 55 2006 12 28 0 0 0 55 2006 5 26 0 0 6 53 2006 5 26 0 0 6 65 2006 5 26 0 0 6 2006 5 26 57 0 0 0 2006 5 26 45 0 0 0 2006 5 26 42 0 0 31.7 2007 1 1 42 2009 12 31 0 0 58.9 2007 2 2 49 2009 12 31 0 0 0 2007 1 1 38 2009 12 31 0 0 30.7 / / / / 0 0 / 273.2 / 6
2006 6 6.1 1 2006 GDP 10.7% 2006 VLCC WS ( - ) 98 7 2006 BDI 3180 5.7% 1545 0.3% 2006 2 1 2006 1775.9 11.5% 97.72 12.3% 33.91 0.29% 34.7% 4.2 27.61 0.830 1.72% 2006 915.2 14.4% 53.69 14.7% 2006 195.3 22.66 4.6% 40.7 6.6% 6.52 5.9% 103.4 4.3% 10.74 1.5% 48.2 11.6% 4.76 16.7% 2006 719.9 19.1% 31.03 23.4% 2006 42.2% 57.8% 2006 2006 590.7 35.13 4.7% 13.5% 269.9 18.3% 8.91 3.5% 7
2006 (2) : : % (%) 9,772,392 6,187,605 34.7 12.3 20.5 4.2 3,512,978 2,224,839 33.8 13.5 19.7 3.0 5,368,894 3,501,627 33.2 14.7 22.5 4.0 890,520 461,140 47.1-3.5 10.3 6.7 3 : : ( ) 5,802,461 9.3 3,969,931 17.0 4 : : ( ) % 50 119,907 1,200,000 50 27,931 290,000 50-422 50,000 ( ) USD500 99 156,433 ( ) 2001 12 31 ( ) ( ( ) 1% ( ) 100% 5 : : 2,319,988 51% 2,045,792 21% A/S DAN BUNKERING LTD 8
2006 3 2006 61.88 20.5% 12.3% 1 2006 25.89 33.4% 41.8% 4.0 5.20 11.5% 6.6% 4.6% 2 5.85 20.7% 9.4% 3 5.03 18.3% 8.1% 2006 17 2006 14% 4 9.18 5.5% 14.8% 5 4.13 5.3% 6.7% 4 2.20 8.9% 1.47 21% 1.25 7.9% 1.66 17 2006 12 31 170.12 45.46 124.66 26.7% 7.7 5 2007 4.9% 2007 7.6% 2004 11 2007 2006 1.7% Clarkson 2007 9% 3% 2008 2007 2006 14 18.21 12 259.2 2006 12 31 69 340 2007 6 54.2 2007 BDI 2010 3000 2007 2006 2007 2 -- 2010 100 9
2006 2006 12 31 100 355 2006 42 2007 2006 9 50 2007 2 15.2 2006 7 VLCC 2006 10 2007 1 2006 COA 6 2007 1 1 2006 2 15 [2006]3 1 38 2007 1 1 2007 1 1 1 2006 11 2000 601872 2006 12 29 A 84,800 101200 600649 2007 4 2006 12 29 A 213.65 2 2006 6 VLCC 2009 9 30 2009 11 30 1,043.93 3 18 69,287.54 ( ) 3,872.07 681.69 4,500.00 9,053.76 10
2006 65,632.66 12,908.64 78,541.30-69,487.54 4 33 50% 2007 1 1 23,388.12. 2006 12 31 12,465,895.80 2007 1 1 12,505,853.96 1 2-2 22 3 4 4% 4 9-5 18 6 33 50% 2007 1 1 6.2 6.1 6.3 6.1 11
2006 6.4 6.5 6.6 " 6.7 2006 2006 274,111 10% 27,411 2006 332,600 0.30 ( ) 7 7.1 : 2006 4 21 10,700 Sydney Grains Ltd Marshall Islands 2006 1 20 1,685 2006 12 28 247,000 42 Seaward Limited 2006 11 26 2,230 12
2006 7.2 : : 2005 12 22 1,538.79 85 1,364.78 2006 4 21 232 1,024.47 909.72 2006 5 30 1,166.50 31 941.59 2006 5 30 1,738.37 240 1,575.39 2006 6 30 574.03 215 510.02 2006 6 30 1 900.00 618.61 2006 6 30 2,700.00 2 3 21 1,665.45 2006 8 22 1,759.54 241 1,596.93 2006 9 21 1,162.08 46 916.85 2006 11 24 1,820.57 1,651.98 4,188.01 2006 12 22 24,080.00 33-36 2006 12 28 1,728.70 1,397.64 42 7.3 7.4 7.4.1 : : (%) (%) 1,612,965 59.72 0 7.4.2 13
2006 7.4.3 2006 2006 7.5 7.6 2001 5 23 1 2 7.6.1 1 2 3 2 A 150% 9.38 4 5% 7.6.2 7.7 8 14
2006 9 9.1 (2007) 1365 ( ) 2006 12 31 2006 (1) (2) (3) 2006 12 31 2006 15
2006 9.2 2006.12.31 2005.12.31 : 6.1 370,807,770.92 663,777,644.15 602,710,187.38 1,177,926,740.95 - - 6.2 21,448,931.79 21,448,931.79 20,500,000.00 20,500,000.00 6.3 361,520,741.07 397,515,389.13 185,453,883.80 202,472,064.96 6.4 1,905,025,583.18 331,637,442.54 1,224,708,008.11 42,308,093.42 6.5 785,509,819.91 816,544,458.02 118,889,872.94 128,853,057.34 6.6 192,132,012.13 203,212,387.51 257,505,760.46 266,701,401.91 6.7-784,715.48-40,636.23 - - - - 3,636,444,859.00 2,434,920,968.62 2,409,767,712.69 1,838,801,994.81 6.8 1,392,960,811.16 82,232,974.35 865,411,542.96 3,674,410.00 1,392,960,811.16 82,232,974.35 865,411,542.96 3,674,410.00 : ( - ) - 3,668,774.35 - -689,790.00 : ( - ) 6.9 15,784,088,257.93 19,991,289,361.33 15,557,246,339.98 18,312,250,875.24 7,130,958,652.09 8,198,422,390.15 6,629,504,117.60 7,814,284,893.53 8,653,129,605.84 11,792,866,971.18 8,927,742,222.38 10,497,965,981.71 936,268.00 936,268.00 936,268.00 936,268.00 30,615,355.50 30,615,355.50 39,235,411.50 39,235,411.50 8,682,808,693.34 11,822,546,058.68 8,966,041,365.88 10,536,265,125.21 6.10 1,466,965,613.65 2,665,836,407.06 703,844,576.20 865,762,167.19 10,149,774,306.99 14,488,382,465.74 9,669,885,942.08 11,402,027,292.40 6.11 6,055,477.45 6,055,477.45 7,089,775.50 7,089,775.50 28,462.50 28,462.50 59,512.50 59,512.50 6,083,939.95 6,083,939.95 7,149,288.00 7,149,288.00 15,185,263,917.10 17,011,620,348.66 12,952,214,485.73 13,251,652,985.21 : : : 16
2006 : 2006.12.31 2005.12.31 6.12 500,000,000.00 500,000,000.00 - - - - - - 6.13 213,898,891.57 227,299,240.63 205,270,403.96 218,260,349.54 6.14 60,315,886.10 64,764,243.29 29,917,065.42 34,265,736.42 - - 143,920,931.92 149,415,412.80 188,187,140.24 192,564,444.11-6.15 80,625,194.26 85,826,235.96 57,935,790.16 61,635,531.88 6.16 428,963.33 919,396.64 510,177.45 1,282,828.51 6.17 52,717,203.75 571,113,010.85 85,425,130.02 232,570,386.16 6.18 1,763,171.53 7,336,102.52 3,353,053.84 3,417,079.73 44,420,000.00 44,420,000.00 35,416,136.95 35,416,136.95 6.19 866,994,537.79 996,853,626.63 265,355,852.92 270,355,852.92 1,965,084,780.25 2,647,947,269.32 871,370,750.96 1,049,768,346.22 : 6.20 760,620,000.00 1,832,159,393.99 1,336,745,000.00 1,346,745,000.00 6.21-65,617,889.46 27,848,022.36 118,946,301.52 760,620,000.00 1,897,777,283.45 1,364,593,022.36 1,465,691,301.52 2,725,704,780.25 4,545,724,552.77 2,235,963,773.32 2,515,459,647.74-24,968,963.19 : 6.22 3,326,000,000.00 3,326,000,000.00 3,326,000,000.00 3,326,000,000.00 6.23 2,053,720,693.55 2,053,720,693.55 2,053,720,693.55 2,053,720,693.55 6.24 1,632,949,417.71 1,660,802,367.70 1,358,838,575.27 1,393,992,249.67 - -11,180,051.98 - -2,858,605.09 6.25 5,446,889,025.59 5,436,552,786.62 3,977,691,443.59 3,940,370,036.15 997,800,000.00 997,800,000.00 997,800,000.00 997,800,000.00 12,459,559,136.85 12,465,895,795.89 10,716,250,712.41 10,711,224,374.28 15,185,263,917.10 17,011,620,348.66 12,952,214,485.73 13,251,652,985.21 : : : 17
2006 2006 2005. 6.26 9,036,005,271.22 9,772,392,066.59 8,092,355,281.71 8,700,448,150.75 9,036,005,271.22 9,772,392,066.59 8,092,355,281.71 8,700,448,150.75 5,742,668,557.65 6,187,605,307.38 4,754,715,382.27 5,134,816,069.67 6.27 177,984,265.06 194,213,590.21 171,586,694.20 184,961,673.35. 3,115,352,448.51 3,390,573,169.00 3,166,053,205.24 3,380,670,407.73 6.28 30,399,163.19 41,133,988.63 29,971,936.56 44,199,895.41 196,954,930.07 219,942,634.47 222,743,496.75 241,515,217.11 6.29 104,113,401.75 146,858,132.53 130,222,225.67 121,332,327.69. 2,844,683,279.88 3,064,906,390.63 2,843,059,419.38 3,062,022,758.34 6.30 217,161,526.82-9,981,743.70 190,613,439.39 1,888,335.10 6.31-5,027,950.00-6,386,300.00 6.32 132,377,003.83 168,637,421.64 102,046,437.68 102,806,206.33 6.33 2,345,320.29 2,355,551.96 3,564,932.57 3,565,614.93. 3,191,876,490.24 3,226,234,466.61 3,132,154,363.88 3,169,537,984.84 450,768,065.80 462,443,925.53 441,063,345.77 452,573,431.01 : - 2,997,672.58-2,741,957.94 :. 2,741,108,424.44 2,760,792,868.50 2,691,091,018.11 2,714,222,595.89 3,977,691,443.59 3,953,874,937.04 2,323,718,629.10 2,280,204,670.37. 6,718,799,868.03 6,714,667,805.54 5,014,809,647.21 4,994,427,266.26 274,110,842.44 280,315,018.92 269,109,101.81 280,223,331.46-269,109,101.81 274,933,898.65. 6,444,689,025.59 6,434,352,786.62 4,476,591,443.59 4,439,270,036.15 997,800,000.00 997,800,000.00 498,900,000.00 498,900,000.00. 5,446,889,025.59 5,436,552,786.62 3,977,691,443.59 3,940,370,036.15 : : 1. 2. 3. 4. : : : 18
2006. 7,084,693,638.29 8,762,401,917.66-5,557,097.33 44,365,365.27 81,170,117.42 7,129,059,003.56 8,849,129,132.41 3,223,750,255.15 3,830,656,925.27 865,219,269.12 887,227,819.34 635,435,268.09 665,270,125.81 117,231,671.91 159,401,310.48 4,841,636,464.27 5,542,556,180.90 2,287,422,539.29 3,306,572,951.51-588,938,396.79 409,290,699.17 6,712,861.22 1,462,861.22 181,485,151.64 181,485,151.64 - - 777,136,409.65 592,238,712.03 1,790,399,799.50 4,422,200,025.36 906,039,000.00 486,039,000.00 2,696,438,799.50 4,908,239,025.36-1,919,302,389.85-4,316,000,313.33 - - 1,770,000,000.00 3,948,534,032.00 - - 1,770,000,000.00 3,948,534,032.00 1,272,334,337.49 2,257,567,123.83 1,073,977,846.44 1,143,516,246.59 5,155,254.22 32,825,810.23 2,351,467,438.15 3,433,909,180.65-581,467,438.15 514,624,851.35-18,555,127.75-19,346,586.33-231,902,416.46-514,149,096.80 : : : 19
2006 1. 2,741,108,424.44 2,760,792,868.50 : - 2,997,672.58 : : 5,997,321.02 9,108,793.29 800,941,208.51 973,979,240.13 1,049,298.05 1,049,298.05 31,050.00 31,050.00-1,854,777.41 5,650,809.21 5,586,783.32-129,961,325.53-163,307,496.87 114,869,387.60 166,343,129.51-217,161,526.82 9,981,743.70 - - 65,373,748.33 63,489,014.40-1,071,215,374.90-471,689,781.50-19,942,915.01-44,326,575.40-9,317,565.61-9,317,565.61 2,287,422,539.29 3,306,572,951.51 2. 3. 370,807,770.92 663,777,644.15 602,710,187.38 1,177,926,740.95-231,902,416.46-514,149,096.80 : : : 9.3 9.4 20
2006 9.5 9.6 2007 1 1 2006 2007 2007 1 1 2007 (2007) 1436 ( ) ( ) 38 ( 2006 136 ) 2101 38 OO 21
2006 : : 2006 12 31 12,465,896 1 2 3 4 5 6 7 8 85,013.65 9 10 11 1,043.93 12-69,487.54 14 13 23,388.12 2007 1 1 12,505,853.96 : : 2007 3 29 22