2010

股份代號 :0576 抓機遇 謀發展 2010 年中期報告

2010

2 3 7 10 11 14 15 17 18 19 2010 28 30 31 32

2010 12010 6 30 6 200913.1% 31 3,090 10.8% 8 5,56119.702009 10.8% 6 2010 10 18 2

2010 GDP11.1% GDP13% 13.0% 32 2,74917 3,965 53.9%7 9,93924.8% 6 8,845 21.3% 2009 11.6% 2009 36.1% 6 30 6 2010 2009 (%) 1,361,787 1,178,291 15.6% 377,864 380,650-0.7% 758,195 545,883 38.9% 41,166 40,094 2.7% 688,445 710,811-3.1% 33 1,389-97.6% 3,227,490 2,857,118 13.0% (96,588 ) (88,263 ) 9.4% 3,130,902 2,768,855 13.1% 3 20 10

2010 2010 1 1 2010 4 2009 10 37,933 12.4% 17.2% 9.2% 18,844 1.4% 13 6,17915.6% 3 7,7860.7% 8 648 35.6% 4

23 30 5 46 6 8,8453.2%5 9,094 9.3%9,75164.1% 5,1612,720 50% 15 9,990 37.4%1,152 23.45%69.7 9,066 26.1% 8,83734.9% 3,993 27.582% 179 5 20 10

2010 5 20 2,345 89 23.45% 6

6.1% 12.7% 2010 6 30 168 6,2032009 12 31 179 378 29.5% 2009 12 31 29.5% 62.5% 2009 12 31 64.4% 3.7% 2009 12 31 2.9 % 2010 6 30 1.3 2009 12 31 1.3 2.6 2009 12 31 2.6 2010 6 30 2009 12 31 4,643,393 5,018,914 1,486 25,423 4,743 4,666 302,026 228,452 24,875 618,700 517,895 79,286 54,704 100,000 5,774,509 5,850,054 5,743,405 5,819,965 26,361 25,423 4,743 4,666 2010 6 306 1,8702009 12 31 5 1,790 93.0%5.5% 9 6,212 7 2010

2010 6 30142 6,9462009 12 31 153 3,793 11.2%73.6% 2010 6 3015 9,1512009 12 311.9% 3 9,1512 2003 10 10 69.2% 1 >1 5 5 391,510 290,487 101,023 200,000 200,000 1,000,000 1,000,000 (2010-6-30) 1,591,510 490,487 1,101,023 (2009-12-31) 1,622,384 478,055 1,144,329 2010 6 305.31% 5.25% 4.29% 0.36% 7.54% 4,70114 5,925 31.0 2009 6 30 37.4 2010 6 3045.9% 2009 12 31 47.3% 18.3% 2009 12 31 18.4% 8

2010 6 30 167 9,055 117 384 3 9,15121 7,412 54.1% 37.7% 1.2% 7.0% 2010 6 30 22.4% 2009 12 31 22.5% 1 3,449 3,209 5,158 3,2972,345 2,430 2010 6 303 1,475 1 415 1 6,442 9,503 2,570 2,960 2010 6 30 3 9,151H 9 2010

22010 7 22 GDP A 2010 10

2010 6 30 352 XV 1,980,000 1.65% 1,650,000 1.38% 1,050,000 0.88% 2010 8 13 3.9% 2010 6 30 352 11 2010

2010 6 30336 5% 2,432,500,000 83.61% 476,760,000 16.39% H JP Morgan Chase & Co. 189,223,297 (L) 13.20% 142,090,750 (P) 9.91% Invesco 130,062,860 (L) 9.07% Blackrock, Inc. 127,730,170 (L) 8.91% 3,430,009 (S) 0.24% LSP 2009 12 31 476,760,000 2,909,260,000 2010 6 30 336 12

14 10 2010 8 29 13 2010

6 30 6 2010 2009 3 3,130,902 2,768,855 (1,756,462) (1,392,646) 1,374,440 1,376,209 51,605 27,204 4 77,453 62,392 (30,843) (30,230) (7,010) (101,927) (6,394) (11,281) 13,073 (47,007) (35,755) 5 1,412,244 1,299,685 6 (362,597) (326,104) 1,049,647 973,581 (841) (23,453) 6,074 (18,220) 1,031,427 973,581 855,609 772,452 194,038 201,129 1,049,647 973,581 846,157 772,452 185,270 201,129 1,031,427 973,581 8 19.70 17.79 14

2010 2009 6 30 12 31 9 1,037,325 1,035,628 72,534 30,342 12,410,438 12,755,338 86,867 86,867 150,757 154,819 439,063 435,007 1,000 1,000 14,197,984 14,499,001 21,206 17,342 10 48,018 50,570 11 481,530 451,167 2,014 1,421 79,286 54,704 618,700 517,895 100,000 10,534,757 11,532,284 942 326,901 228,452 4,649,622 5,049,003 16,862,034 17,903,780 10,503,837 11,502,930 12 657,308 647,373 191,498 512,551 27,273 30,492 13 598,325 637,665 328,128 18 490,487 478,055 14 119,777 122,477 12,916,633 13,931,561 3,945,401 3,972,219 18,143,385 18,471,220 15 2010

2010 6 30 2009 12 31 101,023 144,329 1,000,000 1,000,000 251,808 262,037 1,352,831 1,406,366 16,790,554 17,064,854 4,343,115 4,343,115 9,600,883 9,840,505 13,943,998 14,183,620 2,846,556 2,881,234 16,790,554 17,064,854 16

2009 1 1 4,343,115 3,645,726 2,116,529 1,042,347 2,535,333 13,683,050 2,614,218 16,297,268 772,452 772,452 201,129 973,581 (189,002 ) (189,002 ) (1,042,347 ) (1,042,347 ) (1,042,347 ) 260,587 (260,587 ) 2009 6 30 4,343,115 3,645,726 2,116,529 260,587 3,047,198 13,413,155 2,626,345 16,039,500 2010 1 1 4,343,115 3,645,726 2,467,011 8,016 1,085,779 2,633,973 14,183,620 2,881,234 17,064,854 855,609 855,609 194,038 1,049,647 (9,452 ) (9,452 ) (8,768 ) (18,220 ) (9,452 ) 855,609 846,157 185,270 1,031,427 (219,948 ) (219,948 ) (1,085,779 ) (1,085,779 ) (1,085,779 ) 260,587 (260,587) 2010 6 30 4,343,115 3,645,726 2,467,011 (1,436 ) 260,587 3,228,995 13,943,998 2,846,556 16,790,554 17 2010

6 30 6 2010 2009 962,120 1,131,712 (355,175) (870,586) (1,006,326) (1,252,995) (399,381) (991,869) 5,049,003 3,736,945 4,649,622 2,745,076 18

1 34 2 2009 12 31 27 39 1 2 3 17 52008 2009 2010 1 13 2010 1 1 27 3 27 3 27 3 27 19 2010

2 2010 1 32 2 1 7 3 9 5 4 14 3 19 1 2010 7 1 2011 1 1 2 2010 2 1 3 2010 7 1 4 2011 1 1 5 2013 1 1 92013 1 1 39 (1) (2) 9 20

3 2010 6 30 6 1,684,074 791,969 654,859 3,130,902 768,384 35,418 245,845 1,049,647 2009 6 30 6 1,509,470 580,168 679,217 2,768,855 678,711 31,258 263,612 973,581 21 2010

3 6 30 6 2010 2009 1,684,074 1,509,470 754,265 540,920 37,671 37,859 557,350 619,792 97,509 59,425 33 1,389 3,130,902 2,768,855 4 6 30 6 2010 2009 21,734 11,028 30,729 28,727 3,135 283 7,090 7,409 3,114 14,765 11,831 77,453 62,392 5 6 30 6 2010 2009 53,642 46,710 345,188 331,613 1,021 632 5,069 5,561 705,097 475,283 22

6 6 30 6 2010 2009 372,826 347,697 (10,229) (21,593) 362,597 326,104 2008 1 1 25% 6 30 6 2010 2009 1,412,244 1,299,685 25% 353,061 324,921 1,599 2,820 (3,268) 7,937 1,631 362,597 326,104 7 6 200962010 10 18 23 2010

8 855,609,000 2009 772,452,000 4,343,114,500 2009 4,343,114,500 9 10 2010 6 30 2009 12 31 47,187 49,739 10 218 821 613 48,018 50,570 11 2010 6 30 2009 12 31 *1 115,000 115,000 2 120,000 120,000 * 53,000 53,000 41,038 54,783 * 152,492 108,384 481,530 451,167 * 24

11 12009 2 2009 9 15 2009 120,000,00012.0% 12 2010 6 30 2009 12 31 375,220 410,900 126,476 77,793 62,481 136,065 78,312 22,011 14,819 604 657,308 647,373 13 2010 6 30 2009 12 31 317,244 341,870 68,020 62,589 29,022 36,149 158,646 154,475 572,932 595,083 25,393 42,582 598,325 637,665 25 2010

14 2009105 106 90,000,0002009 94,860,000 7,047,00020092,700,000 15 2010 6 30 2009 12 31 26 50 30 30 95 128 164 216 315 424 16 1) 616,596,000 2) 2010 5 20 23,450,000 800,000,000 900,000,000 23.45% 26

16 17 2010 6 30 18 19 68,482,20034.6375% 3.9% 2009 8 23 20 2010 8 29 27 2010

1 A 12 (310007) 86-571-8798 5588 86-571-8798 5599 12 29 2910 852-2537 4295 852-2537 4293 15 23 Herbert Smith LLP Exchange House Primrose Street London EC2A 2HS United Kingdom 1 A 11 (310007) 88 35 28

111 1312 852-2520 2201 852-2520 2241 03 120308 www.zjec.com.cn H 183 17 1712 1716 H 0576 ZHEH (OTC) ZHEXY CUSIP98951A100 ADR H 1 10 29 2010

73.625% 99.9995% 51% 30

31 2010

Location Map of Expressways in Zhejiang Province 32 ZHEJIANG EXPRESSWAY CO., LTD.

2010 INTERIM REPORT 33