2003 12

------------------------------------------2 ---------------------3 ------------------4 ------------------------------------5 ------------------------------------------------8 -----------------------------10 -----------------------------------------34

1 SINOPEC YANGZI PETROCHEMICAL CO., LTD. YPC 2 000866 3 1 210061 http://www.ypc.com.cn/ DMS@YPC.COM.CN 4 5 777 025 7787735 7787739 025 7787755 DMS@YPC.COM.CN 6 http://www.cninfo.com.cn/

% 4,639,630,755.42 3,825,581,984.63 21.28 4,204,786,226.61 4,556,375,012.84-7.72 13,862,371,379.99 13,473,506,901.44 2.89 6,572,362,456.18 5,843,490,400.93 12.47 2.82 2.51 12.35 2.78 2.48 12.10 1 6 % 728,872,055.25 258,659,871.49 181.79 543,892,918.71 258,859,780.55 110.11 0.31 0.11 181.82 0.31 0.11 181.82 % 11.09 4.72 134.96 % 11.74 4.84 142.56 0.50 0.17 194.12 184,979,136.54, 2,400.00 98,223.36 194,378,513.18-1,700,000.00-7,800,000.00 1 106,610 2 1 5% 5% 1,980,000,000 / 1,980,000,000 5% 84.98%

2 10 % 1 1,980,000,000 84.98 2 8,434,458 0.36 A 3 5,867,172 0.25 A 4 5,649,372 0.24 A 5 5,072,795 0.22 A 6 3,999,662 0.17 A 7 3,824,257 0.16 A 8 3,000,978 0.13 A 9 2,419,214 0.10 A 10 ( ) 2,418,610 0.10 A 10 2 10 A 3 2003 6 26 2002 8 18 12 4 2002 5

500 2003 1998 359.69, 22.44% 304.54 122.17 182.37 29.18 % 61.92 37.78 71.15% 58.46 13.81% 45.38 2.68% 41.88 101.32 % 301.36 25.51% 302.46 22.90 % 1995 34.43% 1,085,007 64.10% 64,190 108.78% 65 8 728,87 181.79% 1 1

% 45.63 21.96 40.06 21.00 5.59 3.10 3.91 2.64 2.78 0.89 17.41 5.78 10.88 4.42 7.58 3.62 17.99 4.31 67.75 15.39 7.45 1.68 14.08 3.40 60.33 11.82 301.43 100 2 10% 2003 3 10% 4 10% ( ) (%) 2,382,439 1,823,375 23.47 2,278,093 2,271,869 0.27 336,016 219,247 34.75 285,989 183,751 35.75 627,480 496,384 20.89 1,669,931 1,608,424 3.68 3 (%) 2,382,439 1,823,376 559,064 23.47 2,278,093 2,271,870 6,224 0.27 2,219,353 1,836,798 382,555 17.24 2,688,205 2,652,840 35,365 1.32 1,281,984 1,000,171 281,813 21.98 (%) 161,100 140,317 20,783 12.90 6,505 5,547 958 14.73 9,857,812 8,695,482 1,162,330 11.79 108,769 99,088 9,682 8.90 305,277 271,684 33,592 11.00 50,687 41,977 8,710 17.18 142,078 128,513 13,565 9.55 217,845 202,447 15,399 7.07

2 3 2003, 2003 6 30 2002 12 31 (%) 1386237 1347351 2.89 657236 584349 12.47 2003 1 6 2002 1 6 1085007 661196 64.10 107560 65798 63.47 11001 6877 59.97 7951 2894 174.74 2002 65 / 2003 72887 25866 181.79 2002 65 / 11035-3070 459.45 1,2003 2 1 2003 10,533 800 / 1,665 7,715 1,173

2 10% - 8,793 2003 6 30 57,155 60 / 2001 9 28 2004 2003 1 9 1 2003 6 26 2002 2 4 2 3 4 2003 254539 50059.93 2675 745.15 475 1554.61 3291.78 6066.54 99,604 234,490 5 5%

8,793 6 7 8 [1999]290 [2000]224 [2001]207 1999 65 / 800 / 12 65 / 11 65 / 11 635,918,578.23 40% 254,367,431.29 2002 98,093,223.01 (2003 2002 ) 2003 96,285,290.17 2003 15% 194,378,513.18 59,988,918.11 9

2003 6 30 1 577,540,335.08 467,188,858.02 2 1,405,744,911.18 671,443,613.47 3 289,216,853.10 140,383,187.01 4 117,912,728.83 30,372,514.93 5 60,696,032.73 138,083,882.08 6 2,188,519,894.50 2,377,591,153.12 7 518,776.00 4,639,630,755.42 3,825,581,984.63 8 571,545,000.00 483,615,000.00 571,545,000.00 483,615,000.00 21,388,295,784.18 21,356,346,708.32 12,911,961,816.54 12,344,188,222.22 9 8,476,333,967.64 9,012,158,486.10 10 101,424,764.01 67,595,354.85 8,577,758,731.65 9,079,753,840.95 11 8,956,048.10 9,430,353.26 12 64,480,844.82 75,125,722.60 73,436,892.92 84,556,075.86 13,862,371,379.99 13,473,506,901.44

2003 6 30 13 350,000,000.00 1,045,000,000.00 14 518,839,533.60 201,513,311.31 15 229,076,200.69 225,217,478.17 16 2,964,602,977.54 2,860,459,093.99 78,855,242.74 78,020,833.00 35,945,738.65 30,715,190.39 17-34,627,952.37 110,359,380.60 3,310.76 3,391.38 62,091,175.00 5,086,334.00 4,204,786,226.61 4,556,375,012.84 18 2,788,339,160.00 2,788,339,160.00 19 296,883,537.20 285,302,327.67 : 3,085,222,697.20 3,073,641,487.67 7,290,008,923.81 7,630,016,500.51 20 2,330,000,000.00 2,330,000,000.00 21 2,152,512,700.46 2,152,512,700.46 22 393,145,514.91 393,145,514.91 1,696,704,240.81 967,832,185.56 6,572,362,456.18 5,843,490,400.93 13,862,371,379.99 13,473,506,901.44

2003 1 6 23 10,850,073,629.22 6,611,956,618.62 9,585,054,929.33 5,805,266,871.26 24 189,422,520.16 148,707,003.40 ( - ) 1,075,596,179.73 657,982,743.96-25 2,752,221.74-593,756.83 110,006,204.41 68,772,473.85 237,530,251.56 241,414,812.81 26 79,510,634.37 28,941,333.25 ( - ) 651,301,311.13 318,260,367.22 ( - ) 27 100,623.36 5,250.00 28 9,500,000.00 10,805,159.06 ( - ) 641,901,934.49 307,460,458.16-86,970,120.76 48,800,586.67 ( - ) 728,872,055.25 258,659,871.49 967,832,185.56 469,139,306.96 1,696,704,240.81 727,799,178.45 1,696,704,240.81 727,799,178.45 1,696,704,240.81 727,799,178.45 1 2 3 4 5 6

2003 1 6 11,754,754,335.57 3,753,964.71 28,652,679.55 11,787,160,979.83 9,599,799,927.52 262,610,129.58 671,253,975.36 92,666,739.34 10,626,330,771.80 1,160,830,208.03 2,400.00 3,609,848.09 3,612,248.09 187,077,219.63 87,930,000.00 275,007,219.63-271,394,971.54 998,710,000.00 998,710,000.00 1,693,710,000.00 84,083,759.43 1,777,793,759.43-779,083,759.43 110,351,477.06

2003 1 6 1 728,872,055.25 26,587,788.01 567,773,594.32 46,394,877.78 474,305.16 518,776.00 57,004,841.00-2,400.00 79,478,752.34 163,971,258.62-874,817,354.65 364,573,714.20 1,160,830,208.03 2 3 577,540,335.08 467,188,858.02 110,351,477.06

2003 1 6 31,966,824.33 1,487,788.01 33,454,612.34 1 31,966,824.33 1,487,788.01 33,454,612.34 2 10,433,929.16 25,100,000.00 35,533,929.16 5,416,008.00 5,416,008.00 5,017,921.16 25,100,000.00 30,117,921.16 42,400,753.49 26,587,788.01 68,988,541.50

( ) 1998 4 24 ( ( ) [1997] 322 [1997]200 [1998]34 1997 6 30 [1997]1148 3,041,516,122 [1997]311 65.10% 198,000 1.00 [1998]34 [1998]35 1998 5 35,000 1.00 1998 4 24 ( 3201081000467) 233,000 [2000]144 [2000]34 2000 2 28 198,000 ( )

1 1 1 12 31 2 3 4 ( ) 5 6 7

8 10 20% 50% 20% 20% 9 1 (

) 8-40 3% 2.43%-12.13% 14-30 3% 3.23%-6.93% 8-10 3% 9.7%-12.13% 10-20 3% 4.85%-9.7% 4-30 3% 3.23%-24.25% 10 11 10 50 10 12 13

14 15 1 2 3 16 17 18 19

20 21 1 277.6 117.6 13% 17% 5% 3 7 4 2 [1998]215 1998 4 15% 1 2003 6 30 2002 12 31 4,465 43,487 473,858,304 386,677,762 473,862,769 386,721,249 103,677,566 80,467,609 577,540,335 467,188,858 29

2 2003 6 30 29 5% 3 2003 6 30 2002 12 31 322,671,465 172,350,011 (33,454,612) (31,966,824) 289,216,853 140,383,187 2003 6 30 2002 12 31 287,535,110 89 136,614,552 79 1,454,506 3,624,793 2 1,951,729 1 3,078,200 2 31,730,120 10 29,032,466 17 322,671,465 100 172,350,011 100 2003 6 30 2002 12 31 - - - - 436,351 1 1,087,438 3 1,288,141 4 1,846,920 6 31,730,120 95 29,032,466 91 33,454,612 100 31,966,824 100 2003 6 30 2002 12 31 287,535,110 99 136,614,552 97 1,018,155 1 2,537,355 2 663,588-1,231,280 1 - - - - 289,216,853 100 140,383,187 100 2003 6 30 2002 12 31 31,966,824 14,631,767 1,487,788 17,348,907 - (13,850) 33,454,612 31,966,824

2003 6 30 2002 12 31 169,470,591 53 103,396,760 60 29 5% 4 2003 6 30 2002 12 31 117,912,729 30,372,515 - - 117,912,729 30,372,515 2003 6 30 2002 12 31 116,297,585 99 28,053,762 92 109,611 1,206,131 4 1,112,622 4 1,505,533 1 - - 117,912,729 100 30,372,515 100 2003 6 30 2002 12 31 116,297,585 99 28,053,762 92 109,611 1,206,131 4 1,112,622 4 1,505,533 1 - - 117,912,729 100 30,372,515 100 2003 6 30 2002 12 31 81,986,422 70 12,873,510 42 29 5% 5 2003 6 30 2002 12 31 60,696,033 100 133,243,882 96 4,840,000 4 60,696,033 100 138,083,882 100 29 5%

6 2003 6 30 2002 12 31 1,068,843,052 993,814,068 399,390,765 483,681,539 458,118,645 449,169,291 297,701,362 461,360,185 2,224,053,824 2,388,025,083 (35,533,929) (10,433,929) 2,188,519,895 2,377,591,154 2003 6 30 2002 12 31 1 1 5,416,008 5,017,921 10,433,929-5,488,017 5,488,017-25,100,000-5,416,008-5,416,008 - - - - (470,096) (470,096) 5,416,008 30,117,921 35,533,929 5,416,008 5,017,921 10,433,929 7 2003 6 30 2002 12 31-518,776-518,776 8 2002 12 31 10% 571,545,000 2003 6 30 483,615,000 87,930,000-571,545,000 - - - - 483,615,000 87,930,000-571,545,000

9 1,330,647,602 2,187,335,123 125,362,364 17,189,247,441 523,754,178 21,356,346,708 3,364,788 28,601,356 734,097 (4,616,420) 9,695,322 37,779,143 (5,669,700) (160,367) (5,830,067) 1,334,012,389 2,215,936,479 126,096,461 17,178,961,322 533,289,133 21,388,295,784 590,739,769 1,401,694,834 85,198,662 9,888,605,073 377,949,884 12,344,188,222 24,164,994 56,294,347 3,964,179 470,500,847 18,080,593 573,004,960 (4,832,697) (398,668) (5,231,366) 614,904,763 1,457,989,181 89,162,841 10,354,273,223 395,631,808 12,911,961,817 719,107,626 757,947,298 36,933,620 6,824,688,099 137,657,325 8,476,333,968 739,907,832 785,640,289 40,163,701 7,300,642,368 145,804,295 9,012,158,486 10 2003 6 30 2003 1 1 2003 6 30 800 / 550,000,000 14,428,794 11,374,406 25,803,200 4.69% E-7 750,000 579,879 28,297 608,176 81.09% 550,000 612,183 60,000 672,183 122.22% 3,900,000 283,086 362,646 645,732 16.56% 207,640,000 51,691,413 53,859,136 31,855,076 73,695,473 50.83% 762,840,000 67,595,355 65,684,485 31,855,076 101,424,764 11 3,681,817 8,749,740 12,431,557 - - - - - - (303,367) (2,697,837) (3,001,204) (36,818) (437,487) (474,305) - (343,185) (3,135,324) (3,475,509) - - - 3,378,450 6,051,903 9,430,353 3,341,632 5,614,416 8,956,048 544 77

12 2,351,275 685,789 685,789 2,351,275-2,729,421 796,081 796,081 2,72,9421-17,138,715 7,379,169 (3936) 5,236,830 14,996,376 2,142,339 9 30,675,843 16,190,028 8,521,067 23,006,882 7,668,961 9 20,061,500 20,061,500 13,374,333 13,374,333 6,687,167 12 942,932 942,932 157,156 157,156 785,776 30 3A 817,882 431,661 159,033 545,254 272,628 12 35,452,819 6,752,918 35,750,000 6,752,918 35,452,819 35,750,000 24 1,449,282 764,899 281,805 966,188 483,094 12 1,889,846 997,419 367,470 1,259,897 629,949 12 3A (2#) 2,262,715 2,074,155 377,119 565,679 1,697,036 27 (2#) 3,189,640 2,790,934 1,196,115 1,594,821 1,594,819 12 (2#) 1,337,175 1,170,028 334,294 501,441 835,734 15 (2#) 10,984,604 10,298,067 7,551,916 8,238,453 2,746,151 12 (2#) 1,923,417 1,803,203 240,427 360,641 1,562,776 39 (2#) 422,514 404,909 35,210 52,815 369,699 63 CMF( ) 1,963,902 1,582,031 327,317 709,188 1,254,714 23 135,593,482 75,125,723 35,750,000 46,394,878 106,862,639 64,480,845 13 2003 6 30 2002 12 31 300,000,000 845,000,000 300,000,000 845,000,000 50,000,000 200,000,000 50,000,000 200,000,000 350,000,000 1,045,000,000 29 14 29 5% 2003 6 30 15 29 5% 2002 12 31

16 2003 6 30 2002 12 31 1,798,058,126 1,746,543,317 65 / 768,203,205 907,683,394 23,749,536 23,749,536 378,512,111 182,482,848 2,968,522,978 2,860,459,095 29 5% 2003 6 30 1,746,543,317 23,749,536 17 2003 6 30 2002 12 31 83,012,144 86,012,972 19,838,327 21,341,662 75,710 299,427-145,300,356-4,314,587 7,746,223 7,019,907-34,627,952 110,359,381 18 2003 6 30 2002 12 31 / / / / / / 2,350,000,000 1-4 5.022% 2,350,000,000 2-5 5.022% 438,339,160 20-438,339,160 20-2,788,339,160 2,788,339,160 ============= ============= 29 5%

2003 6 30 2002 12 31 1,150,000,000 350,000,000 900,000,000 800,000,000 738,339,160 1,638,339,160 19 2003 6 30 2002 12 31 (1) 97,483,520 90,148,668 (2) 35,370,608 22,572,119 (3) 6,816,196 15,368,328 65 / 157,213,213 (4) 157,213,213 296,883,537 285,302,328 1 1997 268 2 3 4 2000 [2000]385 65 / 311,570,000 65 /

20 1,980,000,000 1.00 350,000,000 A 1.00 2003 6 30 2002 12 31 1,980,000,000 1,980,000,000 350,000,000 350,000,000 2,330,000,000 2,330,000,000 2003 6 30 2002 12 31 1,980,000,000 1.00 350,000,000 A 1.00 1,980,000,000 1,980,000,000 350,000,000 350,000,000 2,330,000,000 2,330,000,000 1998 4 17 (98) 16 21 205,997,771 168,554,345 18,593,400 393,145,516 22 205,997,771 168,554,345 18,593,400 393,145,516 23 2003 4,455,129,236 41% 24 2003 6 30 2002 6 30 129,606,853 105,846,354 38,064,516 27,274,959 21,751,152 15,585,691 189,422,520 148,707,004

25 2003 6 30 2002 6 30 295,975,899 413,441,175 8,400,000 7,183,502 5,890,802 7,886,010 310,266,701 428,510,687 303,361,263 407,782,498 708,770 398,6848 3,444,446 17,335,098 307,514,479 429,104,444 2,752,222-593,757 26 2003 6 30 2002 6 30 83,088,600 30,755,921 3,609,848 1,891,108 - - - - 31,882 76,521 79,510,634 28,941,333 27 2003 6 30 2002 6 30 2,400 50 98,223 5,200 100,623 5,250 28 2003 6 30 2002 6 30 7,800,000 10,600,000 1,700,000 30,000 - - 175,159 9,500,000 10,805,159 29 1

867 86,702,439 2003 6 30 1,980,000,000 84.98% 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

25 26 27 28 29 3 2003.6.30 2002.6.30 A 5,588,697 3,989,972 B 4,051,950 3,738,390 C 49,266 37,023 D 35,248 33,210 E 32,340 32,310 F 14,671 10,800 G 28,222 9,091 H 5,652 8,940 I 8,386 10,734 J 23,668 23,055 K 25,305 27,923 L 508 132 M 1,739 603 ( ) N 103,677 62,047 O 318,710 - P 468,710 100,000 A B C D E F G

H 18(2) I 18(1) J K L M N / O 4 2003 6 30-103,678 72,000 271,380 52,670 110,874 21,365 15,498 1,000 82,460 (273,191) (11,004) (4,767) (22,859) (23,750) (2,603,937) - (50,000) (438,339) (438,339) 30 ( ) ( ) 219,800,000 ( 2000 12 4 ) 60%

31 2002 12 31 32 1 2 3