2007

1 0 1 0

Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 33 18 Butterfield Fund Services (Cayman) Limited 28 26 www.finance.thestandard.com.hk/en/0931artelsolutions/ index.asp 931

40,000,00010% 2,000,00052% 1,000,000

1,000,000 40,000,00036,000,00010% 2,000,00052% 5,000,0003,000,000 2,000,000259,000,000 32% 4,812%326,000,000326,000,000 6,000,0005,000,000 333,000,000331,000,000 0.020.01 326,000,000 326,000,000

500,000 374,000 7 75 593,0005,601,000

55University of East Anglia 20 Security Pacific Finance Limited 202) Greater China Holdings Limited 431 45Artel International Holdings Limited Elite City International LimitedYiu Fai Trading LimitedArtel e-solutions Limited 18 57BK Capital Limited 38 Wealth Loyal Development Limited 35

38University of Wales 37University of New South Wales Arthur Anderson & Co. Warburg Dillon Read ING Bank N.V. Lotus Capital Management Limited 43University of New South Wales C.P. Pokphand Ltd. 31

14 1. A.1.1 2. A.2.1 3. A.33.10 4. A.4.1 A.4.2 10

3.13 3.103 2

10 3.21 10

* 1/1 1/1 * 0/1 * 1/1 * 1/1 0/1 0/1 0/1 1/1 1/1 1/1 1/1 1/1 1/1 1/1 1/1 0/1 0/1 0/1 0/1 0/1 0/1 0/1 * 11

260,000 20,000 20 12

32 21 24 a) 16 27 127,725,000 5.37% 13

0.3810 45,370,000 (2,330,000) (43,040,000) 0.2166 14,300,000 (14,300,000) 0.3810 12,980,000 (12,980,000) 0.2166 30,700,000 (30,700,000) 0.3810 10,745,000 (10,745,000) 114,095,000 (2,330,000 ) (111,765,000 ) 0.380.21 0.037 14

15

3.13 571 XVXV78 352 1,217,558,000 75.99% 1,217,558,000 75.99% 8,000,0001 100% XVXV78 352 16

10 336 1, 122,357 11, 112,369 (,1) (253,924 ) (1,0 ) (19,198 ) 22 17

27 94% 35% 98%51% 5% 28 18

75% (i) 75.99%(ii)16,000,000 31 19

2149 20

6 0,0 36,334 8 (, ) (34,924 ),1 1,410 9 3,278 (94) (,0) (23,861) (103,400) (6,109) (46,932) 11 () (472) () (547) () () (5,698) 12 (1,0 ) (182,425 ) 13 (1 ) 1,300 (1,1 ) (181,125 ) 14 15 (0.0 ) (11.3 ) 21

16 1 265 17 245 1 510 18 1, 1,326 874 19, 2,680, 4,880 20 1,10 71,536 21 1,1 198 22,01 259,378 1, 331,112 (,11 ) (326,232 ) (,10 ) (325,722 ) 24(a) 1,0 16,000 (,1) (341,722) (,10 ) (325,722 ) 21 49 22

16,000 122,357 9,370 (292,324 ) (144,597 ) (181,125 ) (181,125 ) 16,000 122,357 9,370 (473,449 ) (325,722 ) 23 865 888 (1,271 ) (1,271 ) 1,0 1,,0 (,0 ) (,10 ) 23

(1,0) (182,425) 547 (0) (159) (1,057) 1 2,551 () 14 103,400 6,109 46,932 (2,482) 195 5,698 (0) (20,677) 7,936 () (1,265) () (64,451) 3 (1, ) (78,454 ) 0 00 0 159 (1) (9) 43,797 1,0 43,947, (1,) 10,810 3,505 (13,232),0 1,083, (33,424 ) (, ) (14,100 ), (47,524 ), 2,680 (50,204), (47,524 ) 24

25 1. 22. (a) (b) 1 124A 124C 7 7 29 8 2 9 10 (c) 1 23 8 11 2 12 13 14 19

. (c) 111214 123 8 13 (d) 326,000,000 31 358,000,000. 26

. 20% 27

. 28

. 29

. (i) (ii) (iii) 30

. (i)(ii) (iii)(i) (ii) (i)(ii) (iii)(iv). 411,000506,884,000. (a) 31

. (a) 24(b) 2(d) 1,10 71,536 1,1 198,01 259,378, 331,112, 331,112 32

. (a) 2,031,0003,505,000 10 (b). 33

., 36,334 0,0 36,334 (180,303 ) (2,459 ) (182,762 ) 3,278 (1,1) (1,922) () (472) () (547) () () (1,0 ) (182,425 ) (1 ) 1,300 (1,1 ) (181,125 ) 34

. 1 265 11 265,01 5,125, 5,390, 65,498,0 65,498, 265,614, 331,112 102,249 1,151 103,400 4,801 1,308 6,109 5,698 5,698 46,932 46,932 1 9 1 9 1 2,551 1 2,551,0 30,969 0,1 5,365 0,0 36,334 379 1,060,1 3,951, 5,390 1 9 35

., 34,956 (32), 34,924. 0 159 2,482 1 637 3,278 10. (i) 2 2 2 2 2 2 2 2 2 2 10(i)(a) 30 30 10(i)(a) 45 45 13 13 13 13 13 13 10(i)(a) 45 45 10(i)(a) 49 49 133 85 218 36

10. (i) 10(i)(b) 468 5 473 102 102 10 10 15 15 35 35 86 86 240 240 240 240 566 630 5 1,201 (a) (b) 110,000 12 (ii) (i) 兩 716 5 0 721 1,000,000 37

11. 1. 0 320 1 2,551 (1,057) 195 () 14 1,396 1 566 630 5 1 1,201 4,365 1 35 4,400 5,601 1. 1 23 (1,300) 1 (1,300 ) 17.5% 38

1. (1,0 ) (182,425 ) 17.5%17.5% (10) (31,924) 10,463 () (3) 20,065 () 84 15 1 (1,300 ) 1. 1. 1,271,000 181,125,0001,600,383,8141,600,000,000 39

1. 13,496 2,311 15,807 9 9 (149 ) (149 ) 13,356 2,311 15,667 14 14 (2,311 ) (2,311 ) 1,0 1,0 5,397 1,891 7,288 2,396 155 2,551 (135 ) (135 ) 7,658 2,046 9,704 1 1 (2,046 ) (2,046 ),,,, 1 1 265 265 40

1. 879 (634) 245 500,000 374,000 1. 0, 506,884 (0,) (506,884) 11 1,1 1,326 1, 1,326 30180 30 11 180 0, 506,884 0, 506,884 0, 403,484 103,400 0, 506,884 41

1. 0. 30, 65,498,0 65,498, 6,038 1,10 71,536 Intel Semiconductor LimitedIntel Intel 21(a) 1. (a) 314,897,000 30,300,000256,000,000 840,000 Intel7,567,00059,000,000 Intel315,000,000 31 (b) 3,089,000 31 (c) 42

. 22(a) 50,204 22(a) 205,669 22(b),01 3,505,01 259,378 (a) (b) 21(a) 1,800,0001,800,000 15% 231,0001,705,00010%. 1,300 13 (1,300 ) 499,476,000500,000,000 1,577,0002,284,000 707 1 616 279 54 628 1, 2,284 43

. 1,777,0001,911,000. (a) 0.01 10,000,000,000 100,000 1,600,000,000 16,000 27 2,330,000 23 1,602,330,000 16,023 (b) 25%. 337 10 337 2 44

.. 30% 10%10% 1% 281 (i) (ii) 10 45

. 0.3810 45,370,000 (2,330,000 ) (43,040,000 ) 0.2166 14,300,000 (14,300,000 ) 0.3810 12,980,000 (12,980,000 ) 0.2166 30,700,000 (30,700,000 ) 0.3810 10,745,000 (10,745,000 ) 114,095,000 (2,330,000 ) (111,765,000 ) 0.3810 45,370,000 45,370,000 0.2166 14,300,000 14,300,000 0.3810 45,370,000 (45,370,000 ) 0.2166 14,300,000 (14,300,000 ) 0.3810 12,980,000 12,980,000 0.2166 30,700,000 30,700,000 0.3810 10,745,000 10,745,000 114,095,000 114,095,000 0.380.21 0.037 888,000 46

. 12,00040,000. (a) 110,000 (b) 1 1,912 10 1 1,922 14A 0. (a) Artel e-solutions Limited ( Artel e-solutions )LBTC4162/2006 Artel e-solutions Artel e-solutions 42,000 Artel e-solutions 208,000 42,000208,000 47 (b) DCCJ4897/2006299,000 322,000 1,380 32 327(4)(a) 334,000 100,000

1. 358,000,000 358,000,000 318,000,000(i) 256,000,000Intel59,000,00021(a)(ii) 3,000,00021(b)40,000,000 30,000,000 777,202,072. 10,000 100% 10 100% 200,000 100% * Artel e-solutions Limited 110 100% 10,000 100% Artel International 5 100% Holdings Limited 100% 2 8,000,000** 48

. Artel Macao Commercial 1,000,000 100% Offshore Limited 2 100% 10,000 100% Elite City International 1 100% Limited 1 100% 1 100% Yiu Fai Trading Limited 50,000 100% * ** 49

2,202,933 1,658,830 1,198,229 36,334 0,0 52,829 33,807 (595,716 ) (182,425 ) (1,0 ) (2,549 ) (585 ) (734 ) 1,300 (1 ) 50,280 33,222 (596,450 ) (181,125 ) (1,1 ) 3.1 2.1 (37.3 ) (11.3 ) (0.0 ) 925,785 1,088,320 226,291 5,390, (499,954 ) (636,467 ) (370,888 ) (331,112 ) (, ) 425,831 451,853 (144,597 ) (325,722 ) (,10 ) 50