2

TCL TCL CORPORATION 2003 TCL 1

2

... 3... 5... 7... 9... 12... 13... 15... 20... 21... 25... 127 1. TCL TCL Corporation 2. 3. :0752-2288389 0755-26810886 3

: chenhm@tcl.com 0752-2382517 0755-26894118 0752-2382511 0755-26826552 hezh@tcl.com 4. 516001 :http://www.tcl.com ir@tcl.com 5. : : http://www.cninfo.com.cn TCL 6. TCL 000100 7. (1) 2002 4 19 2002 5 17 TCL 2003 10 13 25% 2 003362 3 441300195971850 4 1 16 4

: 1,351,653,005 570,576,574 458,521,020 5,368,730,818 62,246,959 1,355,385,653-73,790,961 30,714,079 39,344,234 665,558,632 481,737,331 3 015 810-833 068 30 714 079 153 777 48,443,578, 30,561,378 2003 2002 2001 % 5

28,254,258,408 22,116,506,259 29% 12,768,664,761 570 576 574 424,641,343 34% 291,974,305 15,934,207,451 14,517,018,302 10% 9,233,806,290 2,263,385,225 1,899,674,085 19% 1,591,935,232 0.3584 0.2667 34% 1.4218 1.1933 19% 1.4027 1.1032 27% 0.4181 0.6941-50% (%) 25.21% 22 35% 13% 18 34% 237% 237% 3.3725 3.3725 59.88% 59.88% 0.8514 0.8514 25.21% 25.21% 0.3584 0.3584 20.26% 20.26% 0.2880 0.2880 ( ) : 1,591,935,200, 0.3584 2,586,331,144 TCL 116,438,083, 687,014,657, 0.2656 : 1 591 935 204 803 80 994 058 21 232 067 233 213 106 1 899 674 085 200 10 715 204 247 214 001 28 528 829 363 711 140 90 893 714 1 591 935 10 920 007 328 208 059 49 760 896 142 319 392 2 263 385 225 6

200 10% 5% 161,627,515 1 1 591 935 200 1 591 935 200 1 1 591 935 200 1 591 935 200 652 282 698 652 282 698 95 516 112 95 516 112 197 081 577 197 081 577 647 054 813 647 054 813 2 3 4 1 591 935 200 1 591 935 200 1 2 1 2 1 591 935 200 1 591 935 200 2 7

2004 1 7 4.26 994,395,944 590,000,000 TCL 404,395,944 TCL TCL 994,395,944 2004 1 30 1 49 2 +- (%) 1 652,282,698 40.97% 2 TCL 235,418,484 14.79% 3 144,521,730 9.08% 4 95,516,112 6.00% PHILIPS ELECTRONICS CHINA 63,677,409 4.00% 5 B.V 6 LUCKY CONCEPT LIMITED 47,758,056 3.00% 7 REGAL TRINITY LIMITED 47,758,056 3.00% 8 31,838,703 2.00% 9 24,791,527 1.56% 10 23,569,661 1.48% : 1. Lucky Concept Limited Regal Trinity Limited GP 85.8% GP 49.9% 49.3% Lucky Concept Limited Regal Trinity Limited 2. 10% 1 2001 12 31 8

8.5 2 TCL TCL TCL 1996 7 19 TCL 3 1 47 53 62 59 53 54 59 45 2005 4 2002 4 144,521,730 144,521,730 2002 4 24,791,527 24,791,527 2005 4 2002 4 2005 4 0 0 2002 4 23,569,661 23,569,661 2005 4 2005 4 2002 4 23,569,661 23,569,661 2002 4 2005 4 2002 4 2005 4 0 0 0 0 --- ---- ---- ---- ---- ---- ---- 2002 4 19 012 888 19 012 888 ---- 9

40 42 47 40 67 68 55 36 57 32 46 2005 4 2005 4 2002 4 3 313 814 2003 10 2005 4 2002 4 2005 4 2002 4 2005 4 2002 4 2005 4 2002 4 2005 4 2003 10 2005 4 2003 3 2005 4 2005 4 2002 4 2002 4 2005 4 2002 4 9 961 062 2005 4 10 3 313 814 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 961 062 ---- ---- ---- ---- ---- ---- ---- ---- ---- ---- ---- 2. 2002 2 1987 11 GP 1999 1

1 2003 10 13 2 15 7 TCL 6 6 3 1 TCL 3.6 351 2 3 1 10 20 2,50 70 5 189 189 3 2003 3 22, : 44,746 1 1028 237 6434 2435 1513 1578 31521 44746 (%) 2.3 0.53 14.38 5.44 3.38 3.53 70.44 100 11

2 13,225 38 276 4400 5599 2912 13225 (%) 0.29 2.09 33.27 42.33 22.02 100 3 31 2002 4 16 2003 10 13 12

KPI KPI, 1 2003 1 6 49 1 591,935,200 100% TCL 2 2002 2003 6 30 36 1,503,165,437 94.42% : (1) 2002 13

(2) 2002 (3) 2002 (4) 2002 (5) (6) 3 2003 10 13 44 1,563,868,575 98.24% : (1) (2) (3) (4) (5) < > (6) (7) (8) (9) 2003 6 30 (10) 4 2003 10 31 29 1,484,981,020 93.28% : (1) TCL ; (2) ; (3) (4) < > (5) 14

(6) (7) < > 2003 10 13 1 2003 TCL TCL TCL THOMSON TCL TCL 282.5 28 5.7 34 TCL ; TCL 267 43 2 1 TV 1165 45 782 16 15

20 383 195 16.7 7, 137.8 32% 25.7 18.6 ( 21%) 2 01 02 2003 TCL 982 57 02 11 94.5 13.4 27.9% 20.7% 19.6 15.6 TCL 502.51, 3.3, 6961, 27% 3 25% 4832 43% 1046 64% 5.5, 37.5%, 1.92, 27% 4 TCL PC, PC 52.7 40 19 25% 1.65, 31% 9.3 3896, 16

5 63.39 85% 31.52 30% 56.2, 15% 17.5, 132%, 3.4, 272% OEM 6 4676 367% 1.93 1263 3C Content 3 2004 1 THOMSON 940 20 450 18 THOMSON 3C 2 1100 14 3 TCL 80 72 8 17

4 70 30 40 60 5 2004 11.9 2004 4 1 6 2003 3 22 TCL 02 03 2002 2002 2003 7 10 2003 1-4 2003 9 10 2003 6 30 2003 9 28 29 TCL TCL TCL TCL TCL 2003 11 3 THOMSON 18

2003 12 12 17 2 TCL 2002 5 2003 10 13 2003 1 1 2003 2003 570,576,574 10 57,057,657 5 28,528,829 161,627,515 323,362,573 2,586,331,144, 0.08 ( ), 206,906,492 6 7 2003 12 31 TCL : TCL 29,124,078 5,422,956 23,701,122 55,121,000 814,531 54,306,469 TCL ( ) 16,824-16,824 TCL-83,710 1,850 81,860 TCL Sun Inc. 1,412,636-1,412,636 19

121,698 5,528,617 (5,406,919) 85,879,946 11,767,954 74,111,992 TCL 1438 5 26 2004 9 30 5 26 1 2003 6 30 9 2002 2 2003 9 10 9 2003 6 30 3 2003 9 29 5 TCL ( ) 1 2. 2003 20

3 TCL 13.83% TCL 1.11% TCL 0.33% TCL TCL 25% TCL 2003 9 29 TCL TCL TCL TCL TCL TCL 4 TCL TCL ( ) 2002 3 11 TCL ( ) TCL ( ) ( ) HK$5,000 2003 9 10 TCL 2003 9 28 21

TCL TCL TCL 116,438,083 2004 1 1 25% TCL TCL TCL 2 42% 3 45% 4 TCL 0.86% 5 TCL 5.34% 6 TCL 62.34% 7 5% 8 TCL 9 22

( ) : ( ) 1,422,655,601 54,731,931 306,664 27,234,995-16,814,521-28,384,754-127,126,704 306,664 1 215,395,553-2 945,750,000 945,750,000 1,161,145,553 945,750,000 1. 2. TCL / 2.4G 2003 12 31 23

2003 313 5 2003 11 3 TCL Thomson S.A. Thomson S.A. TCL Thomson Thomson S.A. DVD 2003 11 4 TCL Thomson S.A. 2004 1 28 TCL-Thomson Electronics Limited TTE Thomson TTE TCL Thomson S.A. 2004 1 30 2003 5 2 Five Rivers Electronic Innovationa, LLC, Greeneville, TN International Brotherhood of Electrical Workers, Washington, DC Industrial Division of the Communications Workers of America, Washington, DC 21 2003 5 7, 2003 5 23, 2003 6 16, 2003 11 25 21 27.94% 78.45% 31.35 OEM TCL 24

21 2003 22.78 24,122.40 TCL TCL ( ) ( )2003 12 31 2003 2003 2003 12 31 2003 25

2004 3 2 26

TCL 2003 12 31 2002 12 31 1 2,672,528,358 2,416,338,769 2 4,000,000-3 3,038,102,634 2,119,584,211 6,584,242 4,630,199 4 1,605,272,964 667,454,930 5 975,548,772 1,002,760,141 6 281,252,665 434,382,771 7 4,054,662,209 4,836,252,890 8 11,947,492 9,427,363 12,649,899,336 11,490,831,274 9 1,254,199,556 1,256,126,129 1,620 1,620 1,254,201,176 1,256,127,749 10 2,663,632,715 2,229,359,072 10 (1,048,729,525) (769,946,982) 1,614,903,190 1,459,412,090 10 (32,897,073) (23,797,729) 1,582,006,117 1,435,614,361 11 198,534,515 119,367,220 1,780,540,632 1,554,981,581 12 231,283,265 203,080,187 13 18,283,042 11,997,511 249,566,307 215,077,698 15,934,207,451 14,517,018,302 27

TCL 2003 12 31 2002 12 31 14 1,260,722,201 339,834,539 15 2,286,447,546 2,226,610,551 16 3,488,920,999 3,786,920,417 17 905,958,385 1,375,993,819 101,711,653 82,996,028 86,338,062 107,169,738 18 192,775,440 64,513,662 19 60,611,301 (31,688,802) 20 2,677,276 2,952,959 21 792,280,151 472,472,896 22 133,216,173 99,257,454 23 203,363,003 40,511,136 9,515,022,190 8,567,544,397 24 733,254,968 1,078,510,568 25 369,425,643 372,616,137 26 11,362,359 12,558,966 109,795,226 77,145,631 1,223,838,196 1,540,831,302 10,738,860,386 10,108,375,699 2,931,961,840 2,508,968,518 27 1,591,935,200 1,591,935,200 28 10,920,007 204,803 29 328,208,059 80,994,058 29 49,760,896 21,232,067 323,362,573 233,213,106 39 206,906,492-30 8,959,386 (6,673,082) 2,263,385,225 1,899,674,085 15,934,207,451 14,517,018,302 28

TCL 2003 2003 2002 31 28,254,258,408 22,116,506,259 (22,863,714,365) (17,086,340,554) 32 (21,813,225) (22,875,935) 5,368,730,818 5,007,289,770 33 62,246,959 111,709,786 (2,803,423,582) (2,298,311,143) (1,208,528,153) (1,128,475,349) 34 (63,640,389) (62,509,459) 1,355,385,653 1,629,703,605 35 (73,790,961) (140,953,369) 36 30,714,079 55,417,562 37 70,347,156 12,882,319 38 (31,002,922) (122,927,503) 1,351,653,005 1,434,122,614 (112,390,740) (110,967,042) (668,685,691) (898,514,229) 570,576,574 424,641,343 233,213,106-803,789,680 424,641,343 29 (57,057,657) (42,464,134) 29 (28,528,829) (21,232,067) 718,203,194 360,945,142 29 (161,627,515) (17,297,857) 39 (233,213,106) (110,434,179) 323,362,573 233,213,106 29

TCL 2003 2003 2002 32,979,224,932 29,888,930,706 19,324,677 38,560,693 258,783,716 180,499,285 33,257,333,325 30,107,990,684 (27,596,535,637) (24,329,358,145) (801,937,213) (577,696,818) (914,991,738) (942,110,293) 40 (3,278,310,105) (3,153,940,128) (32,591,774,693) (29,003,105,384) 665,558,632 1,104,885,300 ( )/ (1,206,957) 3,631,897 41,616,412 20,067,996 8,749,899 1,083,562 71,006,194 78,254,934 120,165,548 103,038,389 (549,631,112) (480,881,988) (211,488,551) (883,160,927) (761,119,663) (1,364,042,915) (640,954,115) (1,261,004,526) 87,800,901 114,927,913 5,870,365,031 4,468,438,396 5,958,165,932 4,583,366,309 (5,169,465,245) (3,996,035,901) (240,358,157) (197,236,260) (94,045,111) (80,234,515) (5,503,868,513) (4,273,506,676) 454,297,419 309,859,633 2,835,395 2,830,840 481,737,331 156,571,247 30

TCL 2003 (1) 2003 2002 570,576,574 424,641,343 668,685,691 898,514,229 133,019,939 116,513,639 313,539,180 187,149,053 25,723,902 11,401,647 14,219,299 82,820,267 ( )/ (1,680,124) 20,457,964 /( ) 32,256,554 (648,471) 833,068 69,990,890 96,218,598 82,351,910 73,790,961 140,953,369 /( ) 746,343,747 (2,074,898,642) /( ) (1,651,858,339) (1,762,129,140) ( )/ (581,658,160) 3,149,837,540 /( ) 225,547,742 (242,070,298) 665,558,632 1,104,885,300 (2) 2,504,200-29,583,704 - ( (3)) - 371,000,000 (3) 2,371,650,913 1,889,913,582 1,889,913,582 1,733,342,335 481,737,331 156,571,247 31

TCL 2003 (4) 2003 2002 1,526,053 16,692,308-12,402,900 1,206,957 8,771,003-100,000 2,249,635 16,989,915 28,964,907 5,518,081 4,219 41,295 12,195,492 1,121,947 57,469 35,100 1,569,267 15,008,441 (1,167,408) (5,362,020) - 384,121 123,910 1,818,328 1,987,124-8,588,880 8,000,000-2,953,350 5,430,513 3,193,410 1,983,456 4,978,153 263,023 99,362 80,297 774,761 1,234,102 32,131,474 2,691,016 583,540 359 33,081 27,347-17,499,437 1,872,866 32

TCL 2003 (5) 2003 2002 97,280,500 5,620,000 500,000 5,620,000 42,116,412 25,687,996 6,215,377 500,000 143,656,671 117,127,334 (400,260) - 54,329,199 46,405,530 (483) (6,786,786) 844,224 948,742 32,624,592 24,342,083 5,369,585 20,043,478 56,703,007 34,801,118 (14,773,676) (10,110,145) - (56,824) 384,000 20,699,573 2,332,116 5,141,076 3,514,043-96,403,887-53,600,000 19,251,900 121,760,300 76,378,823 20,000,000 3,120,878 5,504,512 4,053,040 2,953,839 446,962 3,217,636 1,320,480 1,640,617 (1,934,884) 38,814,703 101,027,358 73,474 790 2,209,200 1,078,131 635,505-24,424,620 6,617,759 33

TCL 2003 12 31 2002 12 31 1 244,946,292 192,377,230 2 4,000,000-3 402,874,400 864,187 2,000,000 4,017,816 4 374,017,130 663,047,475 5 1,154,774,780 906,744,969 7 85,662,505 230,763,030 8 49,692 69,492 2,268,324,799 1,997,884,199 9 3,267,251,222 2,382,048,967 10 199,128,871 197,334,384 10 (80,229,691) (68,059,341) 118,899,180 129,275,043 11-32,725,614 118,899,180 162,000,657 12 101,298,113 70,575,216 13 988,710 553,899 102,286,823 71,129,115 5,756,762,024 4,613,062,938 34

TCL 2003 12 31 2002 12 31 14 1,213,529,212 251,590,119 16 577,487,767 1,300,083,433 17 3,563,683 59,133,019 121,498 13,818 5,356,971 8,043,210 18 184,785,823 43,486,716 19 (4,992,806) (2,579,805) 20 7,534 2,584 21 875,288,066 301,474,675 22 1,525,025 480,365 23 100,000,000 7,242,920 2,956,672,773 1,968,971,054 24 426,358,800 670,000,000 26 5,600,000-104,745,226 74,417,799 536,704,026 744,417,799 3,493,376,799 2,713,388,853 27 1,591,935,200 1,591,935,200 28 10,920,007 204,803 29 328,208,059 80,994,058 29 49,760,896 21,232,067 323,362,573 233,213,106 39 206,906,492-30 8,959,386 (6,673,082) 2,263,385,225 1,899,674,085 5,756,762,024 4,613,062,938 35

TCL 2003 12 31 2003 2002 31 5,027,817,318 5,680,702,010 (5,013,020,677) (5,624,656,579) 32 (191,810) (143,571) 14,604,831 55,901,860 33 11,433,331 7,355,528 (4,299,947) (6,758,712) (51,904,758) (9,067,862) 34 (20,758,159) (32,654,532) ( )/ (50,924,702) 14,776,282 35 619,300,579 420,167,841 36 4,210,407 4,589,067 37 415,139 354,393 38 (2,424,849) (15,246,240) 570,576,574 424,641,343 - - 570,576,574 424,641,343 233,213,106-803,789,680 424,641,343 29 (57,057,657) (42,464,134) 29 (28,528,829) (21,232,067) 718,203,194 360,945,142 29 (161,627,515) (17,297,857) 39 (233,213,106) (110,434,179) 323,362,573 233,213,106 36

TCL 2003 12 31 2003 2002 5,706,696,988 6,207,375,997-1,435,467 478,387,632 232,423,110 6,185,084,620 6,441,234,574 (6,431,812,306) (6,120,530,431) (24,175,331) (21,054,997) (6,115,745) (3,733,995) (215,231,537) (42,141,716) (6,677,334,919) (6,187,461,139) (492,250,299) 253,773,435 11,436,012 4,846,450 154,000 11,070,017 11,590,012 15,916,467 (4,657,672) (25,578,239) (202,145,738) (77,340,238) (206,803,410) (102,918,477) (195,213,398) (87,002,010) 5,873,223,000 3,902,516,501 5,873,223,000 3,902,516,501 (5,054,741,050) (3,866,926,382) (59,826,095) (161,306,302) (46,673,145) (39,393,576) (2,146,750) - (5,163,387,040) (4,067,626,260) 709,835,960 (165,109,759) 6,152,018 4,084,048 28,524,281 5,745,714 37

TCL 2003 12 31 2003 2002 (1) 570,576,574 424,641,343 10,883,838 3,726,222 10,368,137 11,097,607 1,747,596 1,409,736 3,711,257 4,827,980 (83,242) 12,331,960 40,521,127 35,309,528 19,800 12,417 /( ) 1,044,660 (84,461) /( ) (619,300,579) (420,167,841) /( ) 145,100,525 (218,649,486) /( ) (362,703,167) (379,185,171) ( )/ (270,092,044) 758,433,883 ( )/ (24,044,781) 20,069,718 (492,250,299) 253,773,435 (2) 2,504,200-29,583,704 - - 37,238,096 (3) 220,901,511 192,377,230 192,377,230 186,631,516 28,524,281 5,745,714 38

TCL 39 TCL ( TCL ) ( ) 1997 7 17 ( ) 2002 4 19 4400001009990 ( )( [99]233 [2000]074 ) VCD DVD [2002]94 [2002]134 [2002]112 [2002]184 TCL 1,591,935,200 2002 4 19 :4400001009990 1. 2. ( ) 釆 1 1 12 31 3.

TCL 4. ( (19)) 5. 釆 6. 7. ( 3 ) 8. 1 40

TCL 9. (1) - - ( ) (2) 10. 0.5% 5% 25% 30% 41

TCL 11. 20% 20% 20% 20% 20% 20% 50% 釆 10 10 < > 2003 3 17 12. 釆 0-3% : 1-5 20%-100% 20-50 2%-5% 1.5-11 9%-66.17% 4-5 20%-25% 4-5 20%-25% 42

TCL 12. 13. 14. (1) (2) (3) 3 43

TCL 15. 10 16. 1 17. 18. 44

TCL 19. 20. 21. 22. [1995]11 50% / / / / 50% 45

TCL 23. 2003 12 31 : (1) 17% [1997]38 17% (36) 2003 1 1 (2), 5% (3) 巿 巿 (4) 46

TCL (5) (6) (7) 2002 15% ( ) (8) 47

TCL 1 TCL ( ) 100% - 100,000 TCL 50,000,000 20% 60% ( ) ( 1) ( ) 95% 5% TCL 88,130,825 85% - CRD TCL 34,531,637 60% - 40,000,000 75% - ( ) TCL 50,000,000 10% 49.61% ( ( 2) ) TCL 20,000,000 55% 25% ( 3) 37,360,700 75% 5% ( 7) ( 100% ) TCL 10,000,000 20% 76% ( ) ( 9) ( ) 48

TCL 1 ( ) TCL 40,000,000 60% 40% ( ) ( 10) ( ) ( ) ( ) TCL 30,000,000 49% 27.80% ( 11) TCL 3,082,487 75% - TCL ( ) 107,564,400 61.92% 25% ( 12) ( ) TCL ( ) 5,000,000 45% 25% ( 13) TCL 188,108,800 56.7% - : 2002 49

TCL 1 ( ) TCL - 54.51% 268,132,856 ( 4) TCL - 54.51% ( ) 4,500,000 (BVI) ( 4) TCL ( 4) 1-54.51% TCL 26,750,000-54.51% ( ) ( 4) PDA 50% 3,000,000-32.71% ( ) ( 4) ( )( ) TCL - 56.7% ( ) ( 4) 29,800,000 TCL (BVI) - 54.51% 25,000 ( 4) 50

TCL 1 ( ) TCL 107,000,000-54.51% ( ) ( 4) ( ) TCL DVD 10,700,000-54.51% ( 4) 70% TCL - 54.51% ( ) ( 256,000,000 ( 4) ) TCL 21,400,000-54.51% ( ) ( 4) TCL 10,700,000-54.51% ( ) ( 4) ( ) 51

TCL 1 ( ) TCL 46,000,000-54.51% ( ) HI-FI ( 4) ( 60% 40% ) TCL 100,000,000-54.51% ( 4) 50% TCL cable modem - 54.51% ( ) ( 4) 50% 50% 20,000,000 TCL ( ) - 54.51% 30,000,000 ( 4) TCL ( 4) TCL ( ) ( 4) TCL OEM ( 4) TCL ( 4) 濬 濬 濬 1 10,000 2 1-54.51% - 54.51% - 54.51% - 54.51% Century Business Ltd. ( 4) 濬 1-54.51% 52

TCL 1 ( ) All Ahead Investment Ltd. ( 4) 1-54.51% TCL Electronics (Singapore) Pte.Ltd. ( 4) 濬 - 46.33% 900,000 TCL Integrated Marketing Inc. ( 4) TCL (Vietnam) Corporation Ltd. ( 4) - 54.51% 200,000-54.51% 37,135,000,000 CD - 100% 109,091,000 ( 4) ( 100% ) TCL ( ) ( 4) 162-100% TCL ( 16,050,000-56.70% ) ( 4) TCL ( ) ( 4) 1,000,000-42.35% TCL ( 64,200,000-42.35% ) ( 4) TCL - 51.76% 6,616,500 ( 4) ( ) 53

TCL 1 ( ) TCL 41,500,000-56.70% ( 4) 60% 40% TCL 29,800,000 ( 4) 100 % ( ) - 42.65% ( ) 5,000,000 ( 4) - 42.65% TCL ( 30,000,000-42.65% ) ( 4) ( ) TCL 300,000 ( 4) - 42.65% TCL 122,570,000-70% ( ) ( 4) ( ) ( ) Broomdate Ltd. ( 4) Profit 1-100% TCL ( ) ( ) 30,000,000 ( 4) DVD - 54.51% ( ) 2,289,320-80% ( 4) 2002 54

TCL 1 ( ) 6,472,200-100% ( 4) 19,974,967-63.75% ( ) ( 4) TCL ( ) 2,643,200-45% ( 4) ( 70% 30% ) ( ) ( 4) 8,066,794-90% ( 4) 200,000-75.50% ( 4) 2-75.50% 2,119,000-75.50% ( ) ( 4) 10,180,471-75.50% ( ) ( 4) 55

TCL 1 ( ) 12,736,324-75.50% ( ) ( ) ( 4) 642,900-75.50% ( ) ( 4) Brilliant Ltd. ( 4) Decade 50,000-54.51% & TCL Overseas Consumer Electronics Limited ( 4) 10,000-54.51% Sizzon Pte Ltd. ( 4) - 37.06% 10 Schneider Electronics Gmbh ( 4) 2,000,000-54.51% 9,000,000-49.24% ( 4) 2002 &: ( Team Way Limited) 2003 4 7 TCL Overseas Consumer Electronics Limited 56

TCL 1 @ TCL ( ) ( 4) ( ) 20,000,000-54.51% @ 120,000,000-38.16% ( 4) 1,000,000-54% ( ) ( 4) @ TCL ( ) ( ) ( ) 100,000,000 ( 4) DVD ( ) ( 4) 50,000-54.51% - 80% TCL 4,270,000-41.60% ( 4) ( ) @ 2003 57

TCL 1 ( ) 7,000,000-80% ( 4) ( 40% 60% ) 2,000,000-80% ( 4) TTK ( 4) 3,500,000-80% 2 TCL ( ) 60,668 ( 5) 553,344 100% - TCL 5,000,000 5,000,000-56.70% ( 6) ( ) 60% 40% TCL 10,700,000 8,111,740-42.53% ( 6) ( ) 58

TCL 2 TCL 10,000,000 7,500,000 75% 25% ( 6) ( ) ( 80% 20% ) 3 ( ) TCL- 138,619,145-28.35% ( 8) TCL Sun, Inc. ( 8) - 26.71% 68,025,471 60,000,000-27.26% ( 8) TCL Baron India Limited ( 8) 100,000,000-27.80%. 59

TCL 4 ( ) CD VCD CD-ROM 86,522,800 20% - 65,000,000 38.71% - ( 80,000,000 20% - ) TCL ( ) 66,400,000 22.22% - 100% ( ) 6,420,000-25% ( 8) ( 20% 80% ) TCL 10,000,000-43.85% ( 8) 100% FBT 10,000,000-32% ( 8) 3,816,600-10.36% ( 8) Pride Telecom Limited. ( 8) 7,809,524-11.91% 2002 60

TCL 5. 97,280,500 500,000 42,116,412 ( ) 246,152,948 96,403,887 41,929,331 2,716,116 429,318,694 249,774,281 635,505 250,409,786 178,908,908 206,721,220 17,868,024 8,238,408 1,791,831 6,362,799 61

TCL 6. 2002 12 31 1,526,053 - /2002 12 31 1,206,957 1,456,580 /2002 12 31 ( ) 43,471,722 33,123,221 1,987,124 1,987,124 401,859 384,108 123,910 149,547 47,191,572 37,100,580 /2002 12 31 20,298,993 10,295,490 - - 20,298,993 10,295,490 26,892,579 26,805,090 2003 1 1 2003 1 1 2002 8,337,073 24,449,780 1,004,550 4,494,392 (2,193,216) (952,815) 95,359 363,177 (2,288,575) (1,315,992) 62

TCL 63 1. 20% TCL TCL 60% 80% 2. 10% TCL TCL TCL TCL (BVI) TCL (BVI) TCL 35.43% TCL TCL 14.18% 59.61% 3. 55% TCL 25% 80% 4. 5. 6. TCL TCL TCL 2000 8 1999 8 2003 7 7. 75% TCL 5% 80% 8.

TCL 64 9. 20% TCL 60% TCL 16% 96% 10. 60% TCL 40% 100% 11. 49% TCL TCL TCL (BVI) TCL 27.80% 76.80% 12. 61.92% TCL 25% 86.92% 13. 45% TCL 25% 70%

1. TCL 2002 12 31 2002 12 31 8,454,914 8,686,786 606,289 543,923 1,701,161,379 1,127,100,995 214,661,266 186,978,434 275,733,477 412,893,836 198,936 487,665 345,881,440 320,389,880 5,435,020 4,367,208 40,419,703 20,842,085 - - 300,877,445 526,425,187 24,044,781-2,672,528,358 2,416,338,769 244,946,292 192,377,230 2003 12 31 33,343,582 2002 49,908,599 1 8.269 325,199,330 2002 302,254,604 1 1.064 2003 12 31 260,486,819 2002 496,615,293 5,651,596 2002 1,636,134 10,694,249 2002 0 15,277,747 2002 15,166,726 2003 12 31 2002 4,240,000 2003 12 31 8,767,034 2002 8,767,034 (4) 2003 12 31 625,438,223 65

TCL 2. 2002 12 31 2002 12 31-4,000,000-4,000,000 - - - - - 4,000,000-4,000,000-2003 12 31 4,016,900 3. 2002 12 31 2002 12 31 83,783,469 45,583,905 - - 2,954,319,165 2,074,000,306 402,874,400 864,187 3,038,102,634 2,119,584,211 402,874,400 864,187 5% 2003 12 31 2002 12 31 2003 12 31 9.2 ( 43.33%) 2002 12 31 2003 12 31 4.02 2003 66

TCL 4. 2002 12 31 1 1,629,835,718 97.11% 45,507,905 2.79% 684,352,814 87.42% 38,226,406 5.59% 1 2 21,856,890 1.30% 3,618,294 16.55% 61,654,183 7.88% 44,465,246 72.12% 2 3 25,000,332 1.49% 22,293,777 89.17% 13,494,075 1.72% 9,354,489 69.32% 31,638,299 0.10% 1,638,299 100.00% 23,297,060 2.98% 23,297,061 100% 1,678,331,239 100% 73,058,275 4.35% 782,798,132 100% 115,343,202 14.73% 2002 12 31 1374,004,268 100% - - 662,610,660 99.89% - - 1 2 12,862 - - - 704,249 0.11% 267,434 37.97% 374,017,130 100% - - 663,314,909 100% 267,434 0.04% 115,343,202 267,434 400,260-56,411,795 603,001 (11,337,534) - (87,759,448) (870,435) 73,058,275-67

TCL 4. 445,081,036 369,219,302 26.52% 98.72% 2003 12 31 5% 2002 12 31 8.96 114% 2002 12 31 2.89 43.61% 2003 68

TCL 5. 2002 12 31 1 882,870,979 85.48% 4,590,585 0.52% 837,384,692 79.58% 6,549,863 0.78% 1 2 89,005,929 8.62% 8,613,178 9.68% 164,358,448 15.62% 14,752,475 8.98% 2 3 24,717,878 2.39% 7,974,408 32.26% 14,638,029 1.39% 6,972,851 47.64% 3 36,222,005 3.51% 36,089,848 99.64% 35,859,905 3.41% 21,205,744 59.13% 1,032,816,791 100% 57,268,019 5.54% 1,052,241,074 100% 49,480,933 4.70% 2002 12 31 1 1,094,176,016 93.32% - - 786,847,901 86.07% - - 1 2 4,630,336 0.39% 157,808 3.41% 41,885,250 4.58% 765,088 1.83% 2 3 578,553 0.05% 28,553 4.94% 59,711,444 6.53% 4,036,238 6.76% 3 73,165,737 6.24% 17,589,501 24.04% 25,795,400 2.82% 2,693,700 10.44% 1,172,550,642 100% 17,775,862 1.52% 914,239,995 100% 7,495,026 0.82% 49,480,933 7,495,026 483-41,337,618 10,798,463 (19,408,018) (517,627) (14,142,997) - 57,268,019 17,775,862 473,847,364 427,258,925 45.88% 36.44% 2003 12 31 5% 69

TCL 5. 6. 1 2003 12 31 5% 7. 2002 12 31 2002 12 31 1,476,628,706 2,174,414,702 85,477,447 230,577,529 302,253,755 477,612,274 - - 2,486,072,090 2,349,231,372 - - 6,260,849 5,071,571 185,058 185,501 4,271,215,400 5,006,329,919 85,662,505 230,763,030 (216,553,191) (170,077,029) - - 4,054,662,209 4,836,252,890 85,662,505 230,763,030 170,077,029-55,676,034 - (9,199,872) - 216,553,191-70

TCL 8. 2003 1 1 1,234,688 9,069,914 9,414,198 890,404 544,316 3,404,888 2,375,238 1,573,966 23,099 492,423 161,245 354,277 621,409 1,572,496 1,586,202 607,703 1,142,477-1,142,477-5,861,374 19,721,643 17,061,875 8,521,142 9,427,363 34,261,364 31,741,235 11,947,492 2003 1 1 69,492 4,200 24,000 49,692 71

TCL ( ) 9. 2002 12 31 (i) 4,289,408 4,289,408 (ii) 78,746,519 73,416,519 - (iii) 138,725,920 91,344,250 - (iv) 162,554,723 171,850,703 (vi) 880,487,910 924,764,473 (vii) 1,295,923 1,295,923 1,266,100,403 1,266,961,276 (viii) (11,900,847) (10,835,147) 1,254,199,556 1,256,126,129 2002 12 31 (ii) 1,184,071 1,204,071 - (iii) 106,109,116 79,016,821 - (iv) - 33,643,370 - (v) 3,160,511,379 2,268,738,049 3,267,804,566 2,382,602,311 (viii) (553,344) (553,344) 3,267,251,222 2,382,048,967 2003 12 31 72

TCL 9. (i) 2002 12 31 2002 12 31 3,136,908 0.71% 4,289,408 4,289,408 8,312,806 4,319,209 (ii) 2003 12 31 2002 12 31 50 299,259,259 0.27% - 788,000 808,000 TCL 15 7,066,000 5% - 76,071 76,071 TCL 10 4,820,000 6.64% - 320,000 320,000 ( ) 10 84,508,938-2.03% 6,845,224 6,845,224 TCL 17,400,000-2.50% 1,740,000 1,740,000 Lotus Pacific Inc. 64,000-15% 61,827,224 61,827,224 15 38,680,000-2.76% 1,800,000 1,800,000 TCL ( ) 20 87,000,000-2.73% 4,350,000-10 10,000,000-8% 1,000,000-2003 12 31 78,746,519 73,416,519 2002 12 31 50 299,259,259 0.27% 788,000 808,000 TCL 15 7,066,000 5% 76,071 76,071 TCL 10 4,820,000 6.64% 320,000 320,000 1,184,071 1,204,071 73

(iii) TCL 9. ( ) 2002 12 31 2003 12 31 2002 12 31 2003 12 31 2003 12 31 2002 12 31 25 25,161,290 25,161,290-25,161,290 (15,294,970) 579,417 (14,715,553) - 10,445,737 9,866,320 ( ) 50 6,380,000 16,982,692 4,968,000 21,950,692 26,335,630 12,866,537 39,202,167 (9,384,119) 51,768,740 43,318,322 ( 1) 10 6,092,434 6,092,434-6,092,434 3,807,207 1,567,561 5,374,768 (11,467,202) - 9,899,641 20 1,605,000 1,605,000-1,605,000 244,465 99,049 343,514-1,948,514 1,849,465 954,000 954,000-954,000 - - - - 954,000 954,000 ( 2) 7 400,000 400,000-400,000 2,654,174-2,654,174 (3,054,174) - 3,054,174 15 16,000,000 16,000,000-16,000,000 (67,462) 39,815 (27,647) - 15,972,353 15,932,538 ( ) 10 3,150,000 3,150,000-3,150,000 1,666,190-1,666,190 (4,816,190) - 4,816,190 Pride Telecom Limited 1,653,600 1,653,600-1,653,600 - - - - 1,653,600 1,653,600 TCL ( ) ( 3) 20 33,120,000-23,797,634 23,797,634-97,261 97,261 4,027,392 27,922,287 - TCL ( 1) 10 5,400,000-5,400,000 5,400,000-68,556 68,556 11,192,753 16,661,309 - ( 1) 10 9,884,974-9,884,974 9,884,974-1,514,406 1,514,406-11,399,380-71,999,016 44,050,608 116,049,624 19,345,234 16,832,602 36,177,836 (13,501,540) 138,725,920 91,344,250 74

(iii) TCL 9. ( ) 2002 12 31 2003 12 31 2002 12 31 2003 12 31 2003 12 31 2002 12 31 25 25,161,290 25,161,290-25,161,290 (15,294,970) 579,417 (14,715,553) - 10,445,737 9,866,320 ( ) 50 6,380,000 16,982,692 4,968,000 21,950,692 26,335,630 12,866,537 39,202,167 (9,384,120) 51,768,739 43,318,322 ( 1) 10 6,092,434 6,092,434-6,092,434 3,807,207 1,567,561 5,374,768 (11,467,202) - 9,899,641 15 16,000,000 16,000,000-16,000,000 (67,462) 39,815 (27,647) - 15,972,353 15,932,538 TCL ( ) ( 3) 20 33,120,000-23,797,634 23,797,634-97,261 97,261 4,027,392 27,922,287-64,236,416 28,765,634 93,002,050 14,780,405 15,150,591 29,930,996 (16,823,930) 106,109,116 79,016,821 1. 2003 10 57.86% 17.14% 75% TCL 5% 80%, 40% 30% TCL 2. 2003 1 50% 40% 90% 3. 2003 6 7 TCL 14,000,000 18,000,000 8,000,000 TCL 14,000,000 TCL 77.78% TCL 50% 22.22% TCL 75

(iv) TCL 9. ( ) 2002 12 31 2003 12 31 2002 12 31 2003 12 31 2003 12 31 2002 12 31 TCL- 50 72,081,954 72,081,954-72,081,954 28,011,117 9,088,334 37,099,451 (2,600,000) 106,581,405 100,093,071 TCL Sun, Inc. 1,419,426 5,754,728-5,754,728 2,677,665 (557,890) 2,119,775-7,874,503 8,432,393 TCL Baron India Limited 9,441,680 9,441,680-9,441,680 (9,441,680) - (9,441,680) - - - 20 30,000,000 30,000,000 15,000,000 45,000,000 (318,131) 3,278,395 2,960,264 138,551 48,098,815 29,681,869 TCL ( ) 20 33,120,000 23,797,634-23,797,634 9,845,736-9,845,736 (33,643,370) - 33,643,370 141,075,996 15,000,000 156,075,996 30,774,707 11,808,839 42,583,546 (36,104,819) 162,554,723 171,850,703 ( ) 2002 12 31 2003 12 31 2002 12 31 2003 12 31 2003 12 31 2002 12 31 TCL ( ) 20 33,120,000 23,797,634-23,797,634 9,845,736-9,845,736 (33,643,370) - 33,643,370 76

(v) TCL 9. 2002 12 31 TCL ( ) ( ) 2003 12 31 2002 12 31 2003 12 31 2003 12 31 105,5000 105,500-105,500 - - 1,900,446,044 521,085,090 2,421,531,134 (167,177,925) 2,254,458,709 1,900,551,544 TCL 64,207,342 64,207,342 114,463,492 178,670,834 13,990,952 41,519,692 31,969,199 60,334,632 92,303,831 172,508,261 485,002,618 110,167,493 TCL ( ) 6,000,000 10,000,000-10,000,000 - - 4,813,309 6,470,747 11,284,056 (3,545,128) 17,738,928 14,813,309 TCL 74,911,201 74,911,201-74,911,201 - - 7,700,081 5,121,240 12,821,321-87,732,522 82,611,282 TCL 2,030,000 2,030,000 19,970,000 22,000,000 - - 2,985,128 7,578,451 10,563,579 (4,198,740) 28,364,839 5,015,128 30,000,000 30,000,000-30,000,000 - - (11,568,799) (1,229,747) (12,798,546) - 17,201,454 18,431,201 ( 1) 5,100,000 5,100,000-5,100,000 - - 4,838,127 4,838,127 (9,938,127) - 9,938,127 TCL 5,000,000 5,000,000-5,000,000 - - (297,628) - (297,628) - 4,702,372 4,702,372 ( 1) 15,000,000 15,000,000-15,000,000 - - (408,825) (408,825) (14,591,175) - 14,591,175 TCL 7,500,000 7,500,000-7,500,000 - - (7,500,000) - (7,500,000) - - - TCL ( ) 553,344 553,344-553,344 - - - - - - 553,344 553,344 TCL ( ) 2,000,000 2,000,000-2,000,000 - - (56,164) 2,490,555 2,434,391-4,434,391 1,943,836 TCL 24,000,000 24,000,000-24,000,000 - - (10,329,752) 1,392,180 (8,937,572) - 15,062,428 13,670,248 TCL 15,300,000 3,782,701-3,782,701 53,294,834 48,973,632 28,034,315 4,651,379 32,685,694 2,538,399 87,980,426 85,111,850 TCL ( ) 42,217,800 1,490,766 38,455,500 39,946,266 - - (1,490,766) 97,995 (1,392,771) (7,346,123) 31,207,372 - TCL ( ) 3,500,000 3,888,699-3,888,699 - - 130,634 277,738 408,372 (347,211) 3,949,860 4,019,333 TCL 2,632,208 2,632,208-2,632,208 - - (14,401) 359,927 345,526-2,977,734 2,617,807 6,092,434-86,603,997 86,603,997-15,856,642-3,659,507 3,659,507 1,567,561 107,687,707 - TCL 3,000,000-11,000,000 11,000,000 - - - 1,113,195 1,113,195 (656,520) 11,456,675-2002 12 31 252,201,761 270,492,989 522,694,750 67,285,786 106,349,966 1,949,250,502 613,402,889 2,562,653,391 (31,186,728) 3,160,511,379 2,268,738,049 1 2003 77

TCL 9. (vi) 2003 12 31 2002 12 31 TCL 6,353,376 1 10 635,338 2,541,350 3,176,688 TCL 7,113,938 2 10 711,394 3,556,969 4,268,363 TCL 21,786,637 3 10 2,178,664 10,893,318 13,071,982 TCL 9,351,287 4 10 935,129 5,610,772 6,545,901 2,933,322 5 10 293,332 1,759,994 2,053,326 TCL (Vietnam) Corporation Ltd. 1,946,559 6 10 194,656 1,362,591 1,557,247 309,765 7 10 30,977 216,835 247,812 TCL 3,185,119 8 10 318,512 2,229,583 2,548,095 TCL 20,425,125 9 10 2,042,513 12,255,073 14,297,586 TCL 11,418,581 10 10 1,141,858 7,993,007 9,134,865 TCL (5,409,407) 11 10 (540,941) (4,327,525) (4,868,466) TCL 39,130,301 12 10 3,913,030 31,304,241 35,217,271 TCL (55,557,474) 13 10 (5,555,747) (38,890,233) (44,445,980) TCL 831,385,690 14 10 83,138,569 718,909,785 802,048,354 TCL 28,017,467 15 10 2,801,747 23,814,847 26,616,594 TCL 57,616,038 16 10 5,761,604 47,533,231 53,294,835 TCL 8,952,033 17 10 895,203 8,056,830-16,125,399 18 10 268,757 15,856,642 - TCL 30,838,552 19 10 1,027,952 29,810,600-100,192,547 880,487,910 924,764,473 1. 1997 4 15 TCL 2,640,000 13,314,000 TCL 6.45% TCL ( 6,353,376 ) 2. 1998 TCL 2,568,858, 15,413,148, TCL 6.74% TCL ( 7,113,938 ) 3. TCL ( ) 1998 TCL 7,867,200 47,203,200 TCL 25% TCL TCL ( 21,786,637 ) 78

(vi) TCL 9. 4. 1999 3 TCL 18,231,675 45,624,195 TCL 16.43% TCL 9,351,287 5. TCL 1999 6 100% 109,090,909 100% 2,933,322 6. TCL TCL 2000 11 TCL (Vietnam) Corporation Ltd. ( TCL Vietnam ) 100% 10,690,000 TCL TCL Vietnam 100% TCL Vietnam 1,946,559 7. TCL TCL (BVI) 2000 7 20% 1,000,000 TCL (BVI) ( ) 20% TCL (BVI) 309,765 8. TCL TCL (BVI) 2000 7 TCL 20%, 15,560,000, TCL (BVI) TCL 20% TCL (BVI) 3,185,119 9. TCL 1999 8 TCL TCL 50% 3,500,000 TCL 50% TCL TCL 20,425,125 79

TCL 9. 80 (vi) 10. TCL 2000 TCL 19,220,000 29,871,859 TCL TCL 51.82% TCL TCL 11,418,581 11. TCL 2001 TCL 32,556,000 30,607,722 TCL TCL 55.15% TCL TCL -5,409,407 12. TCL TCL TCL (BVI) TCL TCL 2000 TCL TCL 1.78 105,619,289 TCL TCL 53.86% TCL TCL 39,130,301 13. TCL 2000 8 TCL 4,200,000 60,000,000 TCL TCL TCL 70% TCL -55,557,474 14. TCL TCL TCL (BVI) 2002 1 21 2002 11 7 Jasper Ace TCL 10% 13.8% 300,000,000 811,440,000 TCL 856,648,022 15. TCL 2002 TCL 39,610,000 76,719,045 TCL TCL 54.15% TCL TCL 28,017,467

(vi) TCL 9. 16. 2002 4 12 61,398,739 TCL TCL 49% TCL TCL 57,616,038 17. TCL 2003 TCL 37,080,000 62,304,820 TCL 54.51% TCL TCL 8,952,033 18. 2003 10 12 89,594,500 57.86% 75% 16,125,399 19. 2003 8 TCL 28,723,117 145,302,042 TCL 56.7% TCL 30,838,552 (vii) 2002 12 31 2003 12 31 ( ) 2002 2003 12 31 12 31 2003 2002 12 31 12 31 TCL 553,344-553,344 - - - - 553,344 553,344 TCL 20 3,750,000-3,750,000 (3,750,000) - (3,750,000) - - - TCL 20 8,111,740-8,111,740 (7,369,161) - (7,369,161) - 742,579 742,579 TCL 20-7,500,000 7,500,000 - - - (7,500,000) - - 12,415,084 7,500,000 19,915,084 (11,119,161) - (11,119,161) (7,500,000) 1,295,923 1,295,923 81

(viii) TCL 9. 2002 12 31 TCL 553,344 553,344 1 TCL 1,740,000 1,740,000 2 954,000 954,000 1 6,845,224 6,845,224 1 TCL 742,579 742,579 2 Pride Telecom Limited 1,065,700-3 11,900,847 10,835,147 2002 12 31 TCL ( ) 553,344 553,344 1 1. 2. 3. 82

TCL 10. : 2003 1 1 845,950,808 201,085,613 786,397,980 292,220,324 103,704,347 2,229,359,072 5,815,882 2,203,961 40,883,961 3,372,528 4,426,675 56,703,007 4,692,420 55,660,870 232,031,775 60,388,509 16,347,792 369,121,366 32,083,547 443,042 90,364,691 4,944,002 378,358 128,213,640 - - (39,700) (1,266,017) (263,550) (1,569,267) (15,213,559) - (50,294,650) (37,682,667) (15,004,227) (118,195,103) 873,329,098 259,393,486 1,099,344,057 321,976,679 109,589,395 2,663,632,715 : 2003 1 1 159,006,337 93,653,990 312,760,949 151,616,199 52,909,507 769,946,982 364,158-11,431,527 1,171,955 1,806,036 14,773,676 35,600,703 62,234,030 146,482,143 53,790,150 15,432,154 313,539,180 - - (33,844) (874,629) (258,935) (1,167,408) (2,983,782) - (13,510,612) (22,902,050) (8,966,461) (48,362,905) 191,987,416 155,888,020 457,130,163 182,801,625 60,922,301 1,048,729,525 : 681,341,682 103,505,466 642,213,894 139,175,054 48,667,094 1,614,903,190 2002 12 31 686,944,471 107,431,623 473,637,031 140,604,125 50,794,840 1,459,412,090 83

10. TCL : 2003 1 1 17,828,689 156,848,784 13,526,730 9,130,181 197,334,384 5,200-1,710,057 2,424,008 4,139,265-1,095,802 - - 1,095,802 - (2,697,580) - (743,000) (3,440,580) 17,833,889 155,247,006 15,236,787 10,811,189 199,128,871 : 2003 1 1 9,778,682 42,898,529 8,837,291 6,544,839 68,059,341 3,465,368 7,841,347 1,210,903 1,315,887 13,833,505 - (1,087,931) - (575,224) (1,663,155) 13,244,050 49,651,945 10,048,194 7,285,502 80,229,691 : 4,589,839 105,595,061 5,188,593 3,525,687 118,899,180 2002 12 31 8,050,007 113,950,255 4,689,439 2,585,342 129,275,043 23,797,729-18,066,184 - (8,966,840) - 32,897,073 - (14) (24) 18,870,271 2002 28,604,501 34,648,658 15,778,387 18,870,271 84

TCL 11. / 9,489,557 9,451,052 - - - 9,451,052 - - - 20 10,558,800 10,284,514 163,227 - - 10,261,641 186,100 - - TCL 300,000,000 13,448,955 154,204,943 - - - 13,560 167,640,338 55.88% 3,839,938 3,644,792 151,942 3,643,954 - - 152,780 - - 54,172,357 37,379,523 13,802,944 42,579,121 - - - 8,603,346 94.48% 10,951,700 8,694,822 7,797,166 16,491,988 - - - - - 35,000,000 14,124,418 13,858,952 27,983,370 - - - - - 35,000,000 3,593,313 10,785,153 13,794,308 - - 30,000 554,158 40.99% 6,070,000-4,225,098 88,200 - - - 4,136,898 69.6% 12,000,000-2,932,879 1,398,772 - - 10,818 1,523,289 24.35% 19,575,131 31,405,072 22,233,927 325,519 11,371,607 797,664 16,251,486 120,196,520 239,327,376 128,213,640 325,519 31,084,300 1,190,922 198,709,515 (829,300) (175,000) 119,367,220 198,534,515 / 9,451,052 - - 9,451,052 - - - 20 10,284,514 163,227-10,261,641-186,100-175,000 - - - - - 175,000 1,095,802-1,095,802 - - - - 22,120 - - - - 22,120-11,697,126 - - 11,371,607 325,519 - - 32,725,614 163,227 1,095,802 31,084,300 325,519 208,220 175,000 - (175,000) 32,725,614-829,300-175,000 175,000 (829,300) - 175,000 175,000 85

TCL 12. 2003 1 1 2003 12 31 201,131,814 6,187,052 156,219,384-31,084,300 14,644,271 6,187,052 816,141 194,944,762 /16,144,240 11,731,618 15,365,205 384,000-395,035 11,731,618-4,412,622 35,142,069 3,353,193 27,464,178 - - 7,677,891 3,353,193-31,788,876 4,589,044 4,452,039 4,031,420 - - 557,624 4,452,039-137,005 257,007,167 25,723,902 203,080,187 384,000 31,084,300 23,274,821 25,723,902 816,141 231,283,265 2003 1 1 2003 12 31 114,167,741 12,869,628 70,575,216 31,084,300 1,386,193 1,747,596 101,298,113 2-10 13. 2003 1 1 2003 12 31 7,530,391 12,195,921 325,519 16,660-6,272,326 13,796,165 4,467,120 5,775,184-2,315,456 123,910 7,946,973 4,486,877 11,997,511 17,971,105 325,519 2,332,116 123,910 14,219,299 18,283,042 2003 1 1 2003 12 31 553,899 325,519 355,181 245,889 988,710 86

TCL 14. 2002 12 31 2002 12 31 120,000,000-100,000,000 71,090,000 74,159,020 70,000,000 70,000,000 1,069,632,201 265,675,519 1,043,529,212 181,590,119 1,260,722,201 339,834,539 1,213,529,212 251,590,119 104,395,700 100,000,000 20,000,000 2002 12 31 9.21 2.71 2002 12 31 9.62 3.82 15. 2002 12 31 1,906,211,249 2,155,329,604 380,236,297 71,280,947 2,286,447,546 2,226,610,551 2003 12 31 5% 87

TCL 16. 2002 12 31 1 3,465,692,908 99.33% 3,752,273,768 99.09% 1 2 18,710,288 0.54% 26,774,229 0.70% 2 3 261,465 0.01% 4,842,884 0.13% 3 4,256,338 0.12% 3,029,536 0.08% 3,488,920,999 100% 3,786,920,417 100% 2002 12 31 1 576,925,284 99.90% 1,295,254,966 99.63% 1 2 562,483 0.10% 4,828,467 0.37% 577,487,767 100% 1,300,083,433 100% 2003 12 31 5% 2002 12 31 7.23 55.62% 17. 2003 12 31 5% 2003 12 31 2002 12 31 2003 12 31 4.70 34.16% 5,557 93.97% 2003 88

TCL 18. 2002 12 31 2002 12 31 48,477,431 40,656,443 47,778,624 37,139,028 41,056,354 5,021,017 40,285,542 4,417,367 / 102,341,697 7,352,866 96,721,657 1,930,321 899,958 11,483,336 - - 192,775,440 64,513,662 184,785,823 43,486,716 2002 12 31 1.28 1.41 2003 9 2.3 0.9 19. 2002 12 31 2002 12 31 (1,131,191) (85,251,341) (1,154,308) (5,772,665) 1,242,027 355,458 99,113 112,198 60,774,450 44,303,321 (999,539) (999,539) (273,985) 8,903,760 (2,938,072) 4,080,201 60,611,301 (31,688,802) (4,992,806) (2,579,805) 20. 89

TCL 21. 2003 12 31 2002 12 31 2003 12 31 2002 12 31 1 615,709,739 77.71% 423,658,618 89.67% 801,068,322 91.52% 278,478,729 92.37% 1 3 148,747,892 18.77% 38,561,146 8.16% 67,679,831 7.73% 18,922,074 6.27% 2 3 15,733,175 1.99% 2,298,077 0.49% 3,311,660 0.38% 3,725,928 1.24% 3 12,089,345 1.53% 7,955,055 1.68% 3,228,253 0.37% 347,944 0.12% 792,280,151 100% 472,472,896 100% 875,288,066 100% 301,474,675 100% 2002 12 31 2003 12 31 3.2 67.69% 5.74 1.9 2003 12 31 5% 22. 2003 12 31 2002 12 31 2003 12 31 2002 12 31 7,316,837 - - - 1,615,832 - - - 23,900,876 33,727,519 - - 11,597,356 13,972,553 - - 7,647,458 11,738,338 - - 26,814,713 6,070,831 - - 8,351,210 8,372,655 1,520,000-1,735,329 5,408,212 - - 585,437 2,769,418 - - 10,813,984 3,680,170 - - 2,018,889 3,188,816 - - 151,346 1,040,012 - - - 959,949 - - 161,022 817,949 - - 201,157 425,466 - - 30,304,727 7,085,566 5,025 480,365 133,216,173 99,257,454 1,525,025 480,365 90

23. TCL 2003 12 31 2002 12 31 2003 2002 12 31 12 31 24 199,764,707 25,618,677 100,000,000-26 3,598,296 7,649,539 - - - 7,242,920-7,242,920 24. 203,363,003 40,511,136 100,000,000 7,242,920 2002 12 31 427,000,000 427,000,000 2005.9 3.51% 600,000,000 600,000,000 12,000,000 99,358,800 2005.93.51% - - 5,873,692 5,873,691 2013.7 5.76% 70,000,000 70,000,000 ( ) 4 Hibor+ 94,117,647 99,764,706 0.8% 100,000,000 106,000,000 4 Hibor+ 94,117,647 99,764,706 0.8% 100,000,000 106,000,000 4 Hibor+ 94,117,647 99,764,706 0.8% 100,000,000 106,000,000 4 Hibor+ 94,117,647 99,764,706 0.8% 100,000,000 106,000,000 1,630,528 1,728,360 4-5 5.5% 1,553,190 1,648,089 - - 4,460,230 4,727,844 - - 2,169,101 2,299,247 - - 1,370,337 1,454,065 : (199,764,707) (25,618,677) 733,254,968 1,078,510,568 91

24. TCL 2002 12 31 427,000,000 427,000,000 2005.9 3.51% 600,000,000 600,000,000 12,000,000 99,358,800 2005.9 3.51% - - - - 70,000,000 70,000,000 : (100,000,000) - 426,358,800 670,000,000 7,970,439 5,805,521 TCL Hibor 92

TCL 25. 2003 12 31 2002 12 31 2002 367,820,000 11,119,400 12,735,537 11,129,894 11,129,894 369,425,643 372,616,137 11 8 TCL 2002 11 8 350,000,000 3% 10,000,000 2.556 18 TCL 30 20 130% TCL 10,000,000 100% TCL 2003 8 22 10,000,000 10,000 2003 3,000,000 2.556 1,173,708 135,758,999 TCL 5.06% TCL 4.82% 26. 2003 12 31 2002 12 31 25,869,94 2,472,486 9,431,619 9 4,002,500 4 11,389,81 12,488,169 10,776,886 9-2-10 (3,598,296 ) (7,649,539) 11,362,359 12,558,966 2003 12 31 2002 12 31 5,600,000-5,600,000-10 27. 93

TCL 1,591,935,200 1 : 652,282,698 40.97% - - 652,282,698 40.97% 95,516,112 6.00% - - 95,516,112 6.00% 197,081,577 12.38% - - 197,081,577 12.38% 647,054,813 40.65% - - 647,054,813 40.65% 1,591,935,200 100.00% - - 1,591,935,200 100.00% 28. 2003 1 1 (i) 204,803 6,155,506 6,360,309 (ii) - 4,559,698 4,559,698 204,803 10,715,204 10,920,007 (i) (ii) 4,559,698 94

TCL 29. 2003 1 1 42,464,134 57,057,657 99,521,791 21,232,067 28,528,829 49,760,896 17,297,857 161,627,51 178,925,37 80,994,058 247,214,00 328,208,05 10% 50% 25% 5% 10% 2003 570,576,574 10% 5% 161,627,515 2004 3 2 30. 2003 1 1 (6,673,082 15,632,468 8,959,386 95

31. TCL 2003 2002 5,586,333,771 3,462,669,352 19.77% 15.66% 32. 2003 2002 2003 2002 1,551,212 1,715,299 8,000 61,000 12,589,579 13,422,459 114,881-6,055,772 6,117,195 68,929-1,616,662 1,620,982-82,571 21,813,225 22,875,935 191,810 143,571 96

33. TCL 2003 2002 1,837,168,93 1,483,481,68 1 0 22,440,384 23,204,404 16,708,327 17,126,150 20,433,102 36,586 52,548,268 45,236,909 1,949,299,01 2 1,569,085,72 9 1,838,756,84 1,440,285,81 6 8 3,286,111 1,711,097 45,009,096 15,379,028 1,887,052,05 3 1,457,375,94 3 62,246,959 111,709,786 2003 2002 13,407,884 8,875,927 378,878 27,647 13,786,762 8,903,574 2,353,431 1,508,907-39,139 2,353,431 1,548,046 11,433,331 7,355,528 97

TCL 34. 2003 2002 96,218,598 82,351,910 (38,375,484) (29,361,336) 3,858,215 1,729,962 (6,877,666) (4,074,275) 8,816,726 11,863,198 63,640,389 62,509,459 2003 2002 46,673,145 58,761,781 (19,936,325) (22,064,482) 186,318 3,849 (6,338,336) (4,087,897) 173,357 41,281 20,758,159 32,654,532 98

TCL 35. ( )/ 2003 2002 87,273-66,504 1,016,370-20,550 /( ) 16,832,602 (4,927,651) /( ) 11,808,839 (15,063,987) (100,192,54 7) (49,409,533) (1,065,700) (742,579) ( 1) 3,015,810 16,044,191 ( 2) (4,343,742 ) (87,890,730 ) (73,790,96 (140,953,36 2003 2002 87,273-613,402,889 425,550,813 /( ) 15,150,591 (8,625,645) - 9,845,736 (9,340,174 (6,603,063) 619,300,57 420,167,841 99

TCL 100 35. ( )/ 1. 2003 2003 8 TCL TCL 18% 3,870,000 TCL 1,125,089 3,015,810 2002 2002 TCL CARTON GROUP LIMITED TCL 90% 4,050,000 TCL 3,136,908 CARTON GROUP LIMITED TCL -9,883,203 18,222,611 2. 2003 TCL TCL TCL 2003 TCL 49,155,999 TCL 2003 3,000,000 2.556 1,173,709 TCL TCL 55.56% 54.51% 4,343,742 2002 a. 2002 5 29 TCL 10,000,000 29,800,000 2,980,000 TCL -- TCL TCL TCL 10% TCL 30% 27% TCL TCL 40% 36% 16,606,266 22,642,137 TCL TCL 24,315,002

35. ( )/ TCL 2. 2002 b. TCL TCL 2002 TCL 119,779,563 TCL TCL 56.73% 54.15% 24,327,325 36. 20032002 ( (19) (1)) 19,324,677 38,560,693 8,776,847 13,336,544 2,612,555 3,520,325 30,714,079 55,417,562 20032002-1,435,467 3,400,000 3,153,600 810,407-4,210,407 4,589,067 101

TCL 37. 20032002 ( 1) 49,544,400-1,652,385 1,450,848 2,114,533 5,219,965 17,035,838 6,211,506 70,347,156 12,882,319 20032002 186,225 354,228-165 228,914-415,139 354,393 1. 15% Lotus Pacific Inc. Lotus Pacific Inc. 6,000,000 2003 3 6,000,000 102

TCL 38. 20032002 2,947,601 75,210,855 888,617 7,992,456 3,886,327 4,176,625 4,098,548 4,947,407 9,099,344 16,255,721 10,082,485 14,344,439 31,002,922 122,927,50 3 20032002 2,146,750 2,548,567 102,983 12,686,188 175,116 11,485 2,424,849 15,246,240 39. 2003 9 10 2002 233,213,106 ( [2003]12 ) 1 ( ) 2 2004 3 2 206,906,492 40. 2003 12 31 3,278,310,105 103

TCL 2003 2002 2003 2002 2003 2002 13,776,893,29 11,207,950,31 2,568,942,98 3 10,406,546,583 2 8,191,079,793 1 2,215,466,790 1,754,723,906 756,789,346 1,416,030,110 665,285,729 338,693,796 91,503,617 9,445,665,663 8,327,500,356 7,487,537,009 6,007,260,769 1,958,128,65 4 2,320,239,587 1,914,011,133 1,532,618,093 1,748,158,093 1,406,269,039 165,853,040 126,349,054 333,947,042 379,911,013 264,334,368 325,201,102 69,612,674 54,709,911 545,786,056 396,891,814 353,669,364 245,879,210 192,116,692 151,012,604 IT 142,978,876 131,346,010 121,620,332 112,234,720 21,358,544 19,111,290 340,252,439 184,903,044 264,414,777 133,130,192 75,837,662 51,772,852 28,254,258,40 8 22,116,506,259 22,863,714,36 5 17,086,340,55 4 5,390,544,04 3 5,030,165,705 2003 2002 2003 2002 2003 2002 ( ) 24,930,692,714 20,942,379,798 19,842,430,710 15,940,462,084 5,088,262,004 5,001,917,714 1,276,149,818 120,483,918 1,212,959,546 113,363,429 63,190,272 7,120,489 2,047,415,876 1,053,642,543 1,808,324,109 1,032,515,041 239,091,767 21,127,502 28,254,258,408 22,116,506,259 22,863,714,365 17,086,340,554 5,390,544,043 5,030,165,705 2003 2002 2003 2002 2003 2002 5,025,938,85 5,011,774,03 5,619,724,81 2 5,674,649,909 1 8 14,164,821 54,925,091 1,878,466 6,052,101 1,246,646 4,931,761 631,820 1,120,340 5,027,817,31 8 5,680,702,010 5,013,020,67 7 5,624,656,57 9 14,796,641 56,045,431 104

1. TCL ( 1) % 2003 1 1 850,000,000 652,282,698 40.97 1. 2001 12 29 [2001]148 2. TCL TCL TCL TCL TCL ( ) ( ) 2003 1 1 105,500 188,108,800 50,000,000 88,130,825 3,500,000 - - - - 31,031,637 - - - - - 105,500 188,108,800 50,000,000 88,130,825 34,531,637 TCL ( ) 2003 1 1 40,000,000 9,000,000 50,000,000 1,000,000 - - - - - 20,000,000 - - - - - 40,000,000 9,000,000 50,000,000 1,000,000 20,000,000 105

( ) TCL 2. ( ) TCL TCL TCL TCL ( TCL ( ) ) 2003 1 1 10,000,000 553,344 275,028,936 37,460,700 8 - - 9,191,891 - - - - - - - 10,000,000 553,344 284,220,827 37,460,700 8 TCL ( TCL ( TCL (BVI) ) ) 2002 12 31 2,000,000 26,750,000 3,000,000 31,351,000 207,500 - - - - - - - - - - 2,000,000 26,750,000 3,000,000 31,351,000 207,500 TCL ( TCLTCL TCLTCL ( ) ( ) ) 2003 1 1 107,000,000 10,700,000 273,920,000 30,000,000 21,400,000 - - - - - - - - - - 107,000,000 10,700,000 273,920,000 30,000,000 21,400,000 TCL TCL ( ( ) TCLTCL TCL ) ( ) ( ) 2003 1 1 10,700,000 56,440,000 46,000,000 100,000,000 21,218,000-51,124,400 - - - - - - - - 10,700,000 107,564,400 46,000,000 100,000,000 21,218,000 TCL ( ) TCL TCLTCL OEMTCL ( ) 2003 1 1 32,100,000 8 10,700 2 8 - - - - - - - - - - 32,100,000 8 10,700 2 8 106

( ) TCL 2. ( ) TCL Century Business Ltd. All Ahead Investment Ltd. Electronics (Singapore) Pte.Ltd TCL Integrated Marketing Inc. TCL Vietnam & Luks Tech 2003 1 1 8 8 900,000 200,000 37,135,000,000 - - - - - - - - - - 8 8 900,000 200,000 37,135,000,000 Sizzon Pte TCL TCL TCL ( Ltd. ( )( ) ) 2003 1 1 10 120,000,000 162 16,050,000 1,000,000 - - - - - - - - - - 10 120,000,000 162 16,050,000 1,000,000 TCL TCL Overseas Consumer TCL TCL TCL Electronics Limited 2003 1 1 64,200,000 6,616,500 5,000,000 10,000 41,500,000 - - - - - - - - - - 64,200,000 6,616,500 5,000,000 10,000 41,500,000 TCL TCL TCLBroomdate ( ) Profit Ltd. ( ) 2003 1 1 29,800,000 10,700,000 122,570,000 8 2,289,320 - - - - - - - - - - 29,800,000 10,700,000 122,570,000 8 2,289,320 107

( ) TCL 2. ( ) Schneider TCL TCL Electronics GMBH 2003 1 1 2,000,000 6,472,200 19,974,967 2,643,200 4,000,000 - - - - 16,000,000 - - - - - 2,000,000 6,472,200 19,974,967 2,643,200 20,000,000 TCL ( ) ( ) ( ) TCL 2003 1 1-8,066,794 10,000,000 5,350,000 321,000 120,000,000 - - - - - - - - - 120,000,000 8,066,794 10,000,000 5,350,000 321,000 TCL ( ) TCL ( ) 2003 1 1 32,100,000 40,000,000 828,000 2 2,119,000 - - 828,000 - - - - - - - 32,100,000 40,000,000 1,656,000 2 2,119,000 TCL ( ( ) ) Brilliant Decade Ltd. 2003 1 1 10,180,471 12,736,324 642,900 30,000,000 50,000 - - - - - - - - - - 10,180,471 12,736,324 642,900 30,000,000 50,000 108

( ) TCL 2. ( ) TCL ( ) TCL TCLTCL ( ) 2003 1 1 5,000,000 3,082,487 4,270,000-50,000 - - - 100,000,000 - - - - - - 5,000,000 3,082,487 4,270,000 100,000,000 50,000 TTK ( ) 2003 1 1 3,500,000 7,000,000 35,000,000 - - 2,360,700 - - - 3,500,000 7,000,000 37,360,700 109

( ) TCL 2003 6 30 3. TCL ( ) TCL TCL ( ) TCL % % % % 41.4 2003 1 1 105,500 100 77,933,476 40,000,000 80 74,911,201 85 3 15.2 - - 28,724,214 - - - - 7 - - - - - - - - 105,500 100 106,657,690 56.7 40,000,000 80 74,911,201 85 TCL TCL % % % % 49.0 55.5 2003 1 1 2,030,000 58 30,000,000 75 4,441,900 27,780,000 1 6 18,688,982 2 - - 20,700 0.23 2,025,000 4.05 - - - - - - - - 20,718,982 60 30,000,000 75 4,462,600 49.2 29,805,000 59.6 4 1 TCL ( ) TCL TCL ( ) % % % % 29.7 2003 1 1 240,000 24 8,922,000 10,000,000 100 553,344 100 4 12.9 300,000 30 3,873,000 - - - - 1 - - - - - - - - 540,000 54 12,795,000 42.6 10,000,000 100 553,344 100 5 TCL TCL ( ) TCL TCL Overseas Consumer Electronics Limited % % % % 54.1 54.1 54.1 38.4 2003 1 1 148,928,169 20,285,041 4.33 4,075 5 5 5 4 6,000,604 0.36 134,787 0.36 0.03 0.36 1,703 16.0 7 - - - - - - - - 154,928,773 54.5 20,419,828 54.5 4.36 54.5 5,778 54.5 1 1 1 1 110

( ) TCL 3. ( ) TCL TCL TCL ( ) ( ) (BVI) % % % % 54.1 32.4 54.1 2003 1 1 14,485,125 974,700 16,976,702 112,361 54.15 5 9 5 96,300 0.36 6,600 0.22 799,315 2.55 747 0.36 - - - - - - - - 14,581,425 54.5 981,300 32.7 17,776,017 56.7 113,108 54.51 1 1 TCL ( ) TCL TCL ( ) TCL % % % % 54.1 54.1 54.1 2003 1 1 57,940,500 5,794,050 148,327,680 22,986,000 76.62 5 5 5 385,200 0.36 38,520 0.36 986,112 0.36 54,000 0.18 - - - - - - - - 58,325,700 54.5 5,832,570 54.5 149,313,792 54.5 23,040,000 76.8 1 1 1 TCL ( ) TCL ( ) TCL ( ) TCL ( ) % % % % 54.1 37.9 75.0 2003 1 1 11,588,100 5 4,056,370 1 42,330,000 0 24,909,000 54.15 77,040 0.36 26,750 0.25 51,164,976 11.9 165,600 0.36 2 - - - - - - - - 54.5 38.1 86.9 11,665,140 1 4,083,120 6 93,494,976 2 25,074,600 54.51 TCL TCL ( ) Brilliant Decade Ltd. Sizzon Pte Ltd. % % % % 2003 1 1 54,150,000 54.1 11,489,547 54.1 27,075 54.1 3.68 36.82 5 5 5 360,000 0.36 76,385 0.36 180 0.36 0.03 0.24 - - - - - - - - 54,510,000 54.5 11,565,932 54.5 27,255 54.5 1 1 1 3.71 37.06 111

( ) TCL 3. ( ) TCL ( ) TCL TCL ( ) TCL OEM % % % % 2003 1 1 17,382,150 54.1 4.33 54.15 5,794 54.1 1.08 54.1 5 5 5 115,560 0.36 0.03 0.36 39 0.36 0.01 0.36 - - - - - - - - 17,497,710 54.5 4.36 54.51 5,833 54.5 1.09 54.5 1 1 1 TCL Century Business Ltd. All Ahead Investment Ltd. TCL Electronic s (Singapore ) Pte.Ltd. % % % % 2003 1 1 4.33 54.1 4.33 54.1 4.33 54.1 414,270 46.03 5 5 5 0.03 0.36 0.03 0.36 0.03 0.36 2,700 0.30 - - - - - - - - 4.36 54.5 4.36 54.5 4.36 54.5 416,970 46.33 1 1 1 TCL Integrate d Marketing Inc. TCL Vietnam & Luks Tech. TCL ( ) % % % % 2003 1 1 108,300 54.1 20,108,602,500 54.15 - - 120,000,00 100 5 0 720 0.36 133,686,000 0.36 10,902,000 54.5 - - 1 - - - - - - - - 109,020 54.5 1 20,242,288,500 54.51 10,902,000 54.5 1 120,000,00 0 TCL ( ) TCL ( ) TCL ( ) TCL % % % % 2003 1 1 162 100 6,649,515 41.43 309,500 30.9 19,869,900 30.95 5 - - 2,450,835 15.27 114,000 11.4 7,318,800 11.40 0 - - - - - - - - 162 100 9,100,350 56.7 423,500 42.3 27,188,700 42.35 5 100 112

( ) TCL 3. ( ) TCL TCL TCL TCL ( ) % % % % 2003 1 1 2,502,360 37.8 2,071,500 41.4 3,500,000 70 17,193,450 41.43 2 3 922,340 13.9 763,500 15.2 - - 6,337,050 15.27 - - - - - - - - 3,424,700 51.7 2,835,000 56.7 6 0 3,500,000 70 23,530,500 56.70 TCL TCL TCL ( ) Broomdate Profit Ltd. % % % % 2003 1 1 8,862,520 29.74 3,324,490 31.0 85,799,000 70 8 100 3,847,180 12.91 1,226,220 11.4 7 - - - - - - - - - - - - 12,709,700 42.65 4,550,710 42.5 3 85,799,000 70 8 100 ( ) TCL % % % % 2003 1 1 902,450 39.42 2,311,865 75 6,472,200 100 12,734,041 63.75 926,006 40.58 - - - - - - - - - - - - - - 1,828,456 80 2,311,865 75 6,472,200 100 12,734,041 63.75 TCL TCL Schneider Electronic s GMBH % % % % 2003 1 1 1,149,792 43.50 1,530,000 38.2 - - 1,083,000 54.15 39,648 1.50 14,470,000 41.7 5 45,792,000 38.16 7,200 0.36 - - - - - - - - 1,189,440 45.00 16,000,000 80.0 45,792,000 38.16 1,090,200 54.51 0 113

( ) TCL 3. ( ) ( ) TCL ( ) ( TCL ) % % % % 2003 1 1 7,260,115 90 9,600,000 96 1,591,090 29.7 95,465 29.7 - - - - 690,685 12.9 41,442 12.9 - - - - - - - - 7,260,115 90 9,600,000 96 2,281,775 42.6 136,907 42.6 TCL ( ) TCL ( ) % % % % 2003 1 1 17,382,150 54.1 40,000,000 100 422,280 51 1.02 51 115,560 0.36 - - 828,000 24.5 0.49 24.5 - - - - - - - - 17,497,710 54.5 40,000,000 100 1,250,280 75.5 1.51 75.5 1 ( ) % % % % 2003 1 1 1,080,690 51 5,192,040 51 6,495,525 51 327,879 51 519,155 24.5 2,494,216 24.5 3,120,400 24.5 157,511 24.5 - - - - - - - - 1,599,845 75.5 7,686,256 75.5 9,615,925 75.5 485,390 75.5 TCL TTK ( ) % % % % 2003 1 1 - - - - - - - - 54,510,000 54.5 2,800,000 80 29,888,560 80 40,000 80 - - - - - - - - 54,510,000 54.5 2,800,000 80 29,888,560 80 40,000 80 1 114

( ) TCL 3. ( ) TCL ( ) % % % 2003 1 1 - - - - - - 1,776,320 41.6 5,600,000 80 1,600,000 80 - - - - - - 1,776,320 41.6 5,600,000 80 1,600,000 80 4. : TCL TCL TCL Sun Inc. TCL- TCL TCL ( 2003 ) ( 2002 ) TCL ( 2002 ) ( 2003 ) ( 2003 ) TCL ( 2003 ) ( 2003 ) TTK ( 2003 ) TCL ( 2003 ) 115