2004

...2...3...5...9...15...20...28...30...32...42...44...50...58 1

2004 12 (Timothy D. Dattels) (Daniel A. Carroll) 2

ShenZhen Development Bank Co.,Ltd. (John Langlois) 5047 (0755)82080387 (0755)82080386 dsh@sdb.com.cn 5047 518001 http://www.sdb.com.cn dsh@sdb.com.cn http://www.cninfo.com.cn A 000001 1987 12 22 2003 11 10 5047 3

4403011010334 440301192185379 440303192185379 2006 10 15 ( ) 4

2004 491,192,896 567,265,974 289,774,275 325,727,953 277,245,520 330,658,811 2,790,499,500 2,839,175,475 2,790,499,500 2,839,175,475 702,055,158 756,266,289-7,323,689-7,359,489 7,045,617,953 6,813,749,224-3,476,746,610-3,476,746,610 1 1 -- 2004 [2004]4 2 9,481,985 9,217,649-6,170,879 2004 2003 2002 8,323,009,942 9,042,964,567 5,992,810,422 6,761,962,524 5,399,641,603 5,519,121,670 289,774,275 325,727,953 425,072,719 414,447,700 176,864,163 432,224,930 204,286,424,020 197,559,643,948 193,453,415,330 189,783,168,232 166,598,969,568 166,166,379,400 (4,684,662,288 4,291,250,877 ) 0.15 0.17 0.15 0.17 4,394,888,985 4,370,122,340 4,261,692,505 3,768,021,373 0.22 0.21 0.09 0.22 0.22 0.21 0.09 0.22 2.41 2.21 2.26 2.25 2.19 1.94 2.34 2.13 2.19 2.17 2.12 1.86 5

3.62 3.50-0.86-1.56 4.39 4.39 6.19% 7.59% 9.67% 9.48% 4.15% 11.47% ( ) 6.38% 7.19% 9.66% 9.20% 4.07% 11.24% ( ) 1 2004 12 31 2004 2003 12 31 2003 4,684,662,288 289,774,275 4,394,888,985 425,072,719-10,530,448-1,126,482-8,568,019-8,935,893-486,991,940 22,549,506-40,846,970-6,272,327-22,844,167-5,325,000-17,519,167-17,519,167 59,975,050 59,975,050 - - 66,980,094-40,119,396 42,167,511 22,102,368 4,291,250,877 325,727,953 4,370,122,340 414,447,700 A B C D E 2 4,174,149,507 4,174,149,507 1,786,885,574 2,195,503,121 0 408,617,547 6

6,778,432 6,778,432 20,773,099 20,773,099 835,480,598 835,480,598 5,111,559,816 5,111,559,816, 835,480,598 20,773,099 2004 9 2004 1 (%) ( ) 59.57 61.47 1.43 1.43 59.57 61.47 1.43 1.43 6.19 6.38 0.15 0.15 5.92 6.11 0.14 0.14 2 % 66.16 62.63 1.46 1.46 66.16 62.63 1.46 1.46 7.59 7.19 0.17 0.17 7.71 7.29 0.17 0.17 1,945,822,149 1,945,822,149 1,571,729,344 1,571,729,344 219,218,383 43,466,142 262,684,525 73,072,794 14,488,714 87,561,508 211,819,091 57,954,855 269,773,946 446,301,963 188,353,278 634,655,241 : -1,945 972-2,917 7

4,394,888,985 289,774,276 972 4,684,662,288 8

( ) 2004 2003 2002 199,601,761,732 189,058,526,345 162,337,277,063 167,266,248,457 141,747,646,731 114,692,509,485 14,875,731,585 42,227,441,033 60,455,777,628 126,195,463,240 131,369,832,820 112,608,740,243 64,404,003,227 59,515,903,393 37,251,806,245 1,154,051,709 1,422,407,336 1,221,739,044 16,701,407,260 33,248,442,698 48,268,517,095 31,238,496,393 26,746,144,223 16,481,116,092 1,264,560,541 593,848,754 196,976,725 11,432,944,110 9,843,086,416 9,188,585,042 2002 % 2004 2003 2002 8 2.30 2.13 6.96 7.87 9.49 9.39 15 11.41 10.07 8.49 10 10.29 10.67 75 65.96 71.46 69.67 65.66 56.24 62.07 85 47.93 53.45 55.84 55.88 47.44 49.50 75 65.46 70.32 68.76 64.82 55.50 62.75 25 25.39 26.79 30.59 30.85 37.15 32.57 60 79.30 85.49 76.03 68.86 111.1 102.89 4 0.15 0.4 1.23 1.65 0.95 0.53 8 0.92 0.99 0.71 1.27 3.4 4.52 120 253.62 249.46 117.75 124.93 107.43 127.78 60 2.9 3.53 3.91 4.71 2.2 2.31 100 5.26 6.5 2.99 1.62 0 0 10 16.92 23.23 4.59 6.31 4.75 6.44 50 128.70 152.58 45.15 48.22 35.08 50.14-95.53 91.08 92.23 87.27 88.13 88.86 9

1 2004 2 2004 2003 2002 2004 2004 12 31 2003 12 31 2002 12 31 3,310 10,747 8,931 7,765 3,340 4,685 4,153 4,238 143,681 154,641 128,261 81,846 2.30% 6.95% 6.96% 9.49% 2.32% 3.03% 3.24% 5.18% 2004 2003 5047 1 6,192 72 1056 9 89 15 36,014 1665 66 17 19,014 614 22 4 2,607 120 18 6 1,785 146 148 10 6,915 306 1351 23 29,594 680 36 16 16,941 426 138 7 7,890 254 5 3,453 151 158 12 19,620 425 130 6 4,508 205 1 7 1,764 168 28 9 11,585 267 10 8 6,116 190 10

138 5 5,562 185 6 A 4 2,467 139 206 3 2,881 102 448 1-6 2 1,919 80 234 186,827 6195 % 101,273,526,001 1 10,517,597,131 2 7,088,091,651 25 5,745,412,113 50 1,570,836,344 100 126,195,463,240, 5,111,559,816 42.6 3.38% 20% 20% 321,730 53,635 65,645 5.24% 29,176 5.66% 2004, : 11

( ) 1996 8,000 11.83 2006-6-14 1998 98,738 5.01-6.8 2005-5-18 2008-9-4 1999 5,000 4.88 2006-2-26 2000 103,000 2.53-3.5 2005-10-20 2010-4-18 2000 6,251 3.14 2005-5-1 2005-11-15 2001 205,000 2.5-2.9 2006-11-27 2011-8-31 2002 256,000 1.9-2.93 2005-6-20 2012-7-19 2002 55,327 2.07-2.74 2005-3-10 2007-11-1 2003 131,000 2.32-2.77 2005-11-10 2010-8-20 2003 11,836 2.25-2.63 2005-12-20 2008-11-30 2004 201,500 2.37-4.42 2005-2-4 2009-10-20 ( ) 75,008,634 809,366,899 505,630,279 90 134,018 1.57% 20,914 1.21% 144.04 1 2 12

3 4 66,963,251,636 2,329,201,543 2,885,660,362 2,570,093,094 240,162,213 239,091,175 1 2 13

3 4 2004 12 31 2004 14

1 2004 12 31 +,- 125,390,017-123,672,871-123,672,871 1,717,146 411,070,167-224,430,434-224,430,434 186,639,733 0 348,103,305 348,103,305 348,103,305 536,460,184 536,460,184 1 1,409,361,965 1,409,361,965 2 3 4 1,409,361,965 1,409,361,965 1,945,822,149 1,945,822,149 2 1 2 13170.5685 12539.0017 631.5668 11230.1783 2575.7220 7833.8617 Newbridge Asia AIV,L.P. 1,945,822,149 Newbridge Asia AIV,L.P. 348,103,305 3 15

1 666,196 53 666 158 2 ( ) 1 Newbridge Asia AIV,L.P. 0 348,103,305 0 348,103,305 348,103,305 17.89% 2 62,246,616 0 0 62,246,616 62,246,616 3.20% 3 33,924,469 0 3 33,924,466 33,924,469 1.74% 4 25,000,000 0 0 25,000,000 25,000,000 1.28% 5 15,567,528 0 240 15,567,288 15,567,528 0.80% 6 7,819,906-397,879 7,422,027 0 7,422,027 0.38% 7 7,340,670 0 7,340,670 0 7,340,670 0.38% 8 7,145,052 24,186 7,120,866 7,145,052 0.37% 9 844,557 5,870,269 6,714,826 6,714,826 0.35% 10 6,601,486 6,601,486 6,601,486 0.34% 1 Newbridge Asia AIV,L.P. 2 : 25,000,000 3 4 2004 12 30 Newbridge Asia AIV,L.P. Newbridge Asia AIV,L.P. 13170.5685 12539.0017 631.5668 11230.1783 2575.7220 7833.8617 1,945,822,149 Newbridge Asia AIV,L.P. 348,103,305 17.89% 2004 12 31 3 Newbridge Asia AIV,L.P. Newbridge Asia AIV III, L. P. 2000 6 22 7.24 16

Newbridge Asia GenPar AIV III, L.P. Newbridge Asia GenPar AIV III, L.P. Tarrant Advisors, Inc. Blum G.A., LLC Blum G.A., LLC Blum Investment Partners, Inc. Tarrant Advisors, Inc. Blum G.A., LLC David Bonderman James G. Coulter William S. Price III Richard C. Blum Newbridge Asia AIV III, L. P. 348,103,305 17.89% 2004 6 1 2004 10 9 Newbridge Asia AIV III, L. P. David Bonderman James G. Coulter William S. Price III Richard C. Blum 46% 31% 23% 100% Blum Investment Partners, Inc. Tarrant Advisors, Inc. Blum G.A., LLC Newbridge Asia GenPar AIV III, L.P. Newbridge Asia AIV III,.L.P. David Bonderman David Bonderman (Texas Pacific Group) David Bonderman RMBG Keystone RMBG Robert M. Bass 1983 RMBG David Bonderman Arnold & Porter David Bonderman (Continental Airlines Inc.) Bell & Howell Burger King Corporation Ducati Motorcycles S.p.A. Denbury Resources Gemplus 17

International S.A. Ryanair (Washington Mutual, Inc.) Oxford Health Plans ON Semiconductors Magellan Health Services Paradyne Networks ProQuest Company Seagate Technology Inc. (the American Himalayan Foundation) James G. Coulter James G. Coulter (Texas Pacific Group) James G. Coulter 1986 1992 Keystone 1986 1988 James G. Coulter SPO Partners James G. Coulter Lehman Brothers Kuhn Loeb Dartmouth College MBA James G. Coulter MEMC Electronic Materials, Inc. Seagate Technology, Inc. Globespan Virata, Inc. Zhone Technologies, Inc. J. Crew Group, Inc. Gate Gourmet International Beringer Wine Estates (Continental Airlines, Inc.), (Northwest Airlines Corp) Oxford Health Plans, Inc. Allied Waste Industries, Inc. America West Airlines, Inc William S. Price III William S. Price III (Texas Pacific Group) William S. Price III GE Capital William S. Price III 1985 1991 William S. Price III Bain & Company William S. Price III Gibson, Dunn & Crutcher William S. Price III UC Berkeley Boalt Hall William S. Price III Bally International AG Belden & Blake Corp. Continental Airlines, Inc.Del Monte Foods Company Denbury Resources, Inc. DoveBid, Inc. Findexa AS Gemplus International, S.A. Kraton PETCO Animal Supplies, Inc. American Center for Wine, Food & the Arts Richard C. Blum Richard C. Blum (Blum Capital Partners) 1975 18

Richard C. Blum 1958 Sutro 130 1975 Sutro Richard C. Blum (Northwest Airlines Corp) Playtex Shaklee URS CB Richard C. Blum UC Berkeley Richard C. Blum (the American Himalayan Foundation) 4 A B H 1 7,422,027 A 2 7,340,670 A 3 6,714,826 A 4 6,132,473 A 5 5,927,273 A 6 300 5,110,142 A 7 100 4,818,786 A 8 4,566,988 A 9 3,101,220 A 10 2,073,649 A 19

62 2004.12.13 2007 0 0 (John D. Langlois) (Daniel A. Carroll) (Au Ngai) (Timothy D. Dattels) 44 2004.12.13 2007 0 0 36 2004.12.13 2007 0 0 47 2004.12.13 2007 0 0 60 2004.12.13 2007 0 0 44 2004.12.13 2007 0 0 61 2004.12.13 2007 210 210 47 2004.12.13 2007 78,350 78,350 59 2004.12.13 2007 0 0 41 2004.12.13 2007 0 0 51 2004.12.13 2007 0 0 (Frank N. Newman) (Michael O Hanlon) 62 2004.12.13 2007 0 0 49 2004.12.13 2007 0 0 70 2001.6.29 2005 12,000 10,000 66 2001.6.29 2005 2,437 2,437 50 2001.6.29 2005 10,000 10,000 58 2001.6.29 2005 0 0 41 2001.6.29 2005 0 0 42 2002.5.23 2005 40,167 167 44 2001.6.29 2005 0 0 (Jeffrey R.Williams) 51 2004 12 14 0 0 47 2000 3 24 0 0 51 2003 9 29 0 0 20

57 2000 3 24 0 0 (Daniel A. Carroll) Newbridge Asia AIV III, L.P. 1995 (Au Ngai) Newbridge Asia AIV III, L.P. 1995 Newbridge Asia AIV III, L.P. (Timothy D. Dattels) 2004 2003 2000 (John D. Langlois) 2005 1 Advanced Interconnect Technologies,Inc. (Daniel A. Carroll) Au Ngai Newbridge Capital Limited Newbridge IP Technologies Zoom Technologies Ltd. (Formerly known as Suntop Technologies Ltd.) Zoom Networks (Hong Kong) Ltd. Zoom Telecom Systems Limited (Formerly known as Dalewebe Technology Ltd.) Zoom Financial Systems (Hong Kong) Ltd. (Formerly known as Gallant Pacific Company Ltd.) Zoom Networks,Inc. Newbridge Web Solutions Limited China Civilink (Cayman) HiChina Web Solutions (Hong Kong) Ltd. HiChina Web Solutions (Beijing) Ltd. Edenvale Holdings Limited Beilong Holdings Company Limited Metropolitan Life Insurance Company of Hong Kong Limited 21

3 GUS (Frank N. Newman) The Broad Center for Management of School Systems (Michael O Hanlon) (Jeffrey R.Williams) 22

2003 1992 1989 1998 1982-1999 JP 1999-2001 2002 (John D. Langlois) 2000-2005.1 2003-2004.10 2004.12 1986-1995 Hambrecht Quist / H&Q Asia Pacific Ltd. (Direct Investment) (Daniel A. Carroll) 1995 2004.12 1993-1994 1994-1995 (Au Ngai) 1995 2004.12 1987-1990 1990-2003 (Timothy D. Dattels) 2004 2004.12 1970-1973 1973-1981 1981-2004.12 1987-1991 1991-1995 1995 2004.12 1964-1984 1984-1985 1985 1974-1975 1975-1978 1982-1983 1995 1999-2002 2000 1970-1978 23

1996 2001 2001 2002 1992-1992- 1978-1990 1990-1996 1996-2002 2002 1984-1988 1988-1991 1991 1982-1984 1984-1986 1986-1991 1991-1997 1997-2001 2001 30 2001 2001 2004.12 1963-1969 1969-1973 1973-1986 1986-1993 (Frank N. Newman) 1993-1995 1995-1999 2004 The Broad Center for Management of School Systems 2004.12 1979-1980 1980 2000-2002 (Michael O Hanlon) 2000 2004.12. 1951-1980 1980-1984 1984-1994 1994 1978-1984 1984-1987 1987-1998 1998 1984-1993 1993 24

(Jeffrey R.Williams) 1961-1981 1981-1985 1985 1987-1988- 1987-1979-1980 1982-1990 / 1990-1994 1994-1999 1999-2002 2003 2004.12 1975-1981 1981-1998 1998 1969-1976 1976-1978 1984-1990 1990-1993 1993-2002 2002 1966-1980 1980-1985 1985-1987 1987 25

688 220 229 13 0 70-85 2 50-70 5 30-50 2 10-20 12 1 2004 12 13 2004 (Daniel A. Carroll) (Au Ngai) Timothy D. Dattels (John T. Olds) 2005 4 11 (John D. Langlois) 2004 12 20 (Frank N. Newman) (Michael O Hanlon) (Frank N. Newman) (Michael O Hanlon) 2 2004 12 14 (John Langlois) (Jeffrey Williams) 2005 3 31 26

(John D. Langlois) (Jeffrey R. Williams) 2004 6999 1502 2547 2291 234 425 432 2813 2469 1285 155 27

2004 5 Newbridge Asia AIV,L.P. 2004 28

2004 12 13 2004 5 3 15 15 0 0 15 15 0 0 1 1 0 0 (Frank 1 1 0 0 Newman) (Michael 1 1 0 0 O Hanlon) 29

1 2004 5 31 2003 2004 6 19 2003 2003 2004 6 30 46 356,044,311 1,945,822,149 18.30% 2 2004 11 13 2004 2004 2004 12 13 29 468,688,254 1,945,822,149 24.09% 23 3 9 1 2003 2003 2003 2003 2003 2004 2002 2004 7 1 2 2004 2004 12 14 2004 12 13 2004 (Daniel A. Carroll) 30

(Au Ngai) Timothy D. Dattels (John T. Olds) 2005 4 11 (John D. Langlois) 2004 12 20 (Frank N. Newman) (Michael O Hanlon) (Frank N. Newman) (Michael O Hanlon) 31

1 2 2004 2042.86 5.6% 1672.66 18% 1261.95 51.75 144.04 28.07 101.24, 458.45 140 35% 3.54 1.02 40.48% 38.7% 4.91 1.37 1 816 0.01 0.21 2004 16 14 9 14 15 3 32

7,174,744,076 640,336,691 702,055,158 507,929,175 3,424,546,113 452,613,277 1,785,026,112 476,569,579 4,549,213,525 1,179,405,767 2,465,734,864 576,788,297 277,125,011 66,839,858 36,010,625 38,282,722 12,537,656,250 2,790,499,500 4,214,646,308-8,323,009,942 2,790,499,500 4 10% 10% 2004 54.93 16.82 66% 20.21% 5 6 1 33

2 8.35 3 4 5 1 2 204,286,424 5.6% 199,601,762 5.58% 14,554,475-64.06% 4,684,662 6.59% 2,790,500 65.37% 289,774-31.83% -3,476,747 19.02% 34

5,236,464-36.31% 2,752,092 102.36% 271,022-65.62% 11,148,190 46.80% 52,785-74.27% 11,046,867 1374.52% - -100.00% 6,145,412 73.86% 16,701,407-49.77% 1,264,561 112.94% 3,243,569 35.82% 4,710,677 39.37% - -100.00% 8,325,483-30.35% 322,765-81.34% 13,898,080-43.01% 395,564 143.85% 1,150,120 103.37% 2,326,814 95.50% 1,006,922-96.54% 8,323,010 38.88% 3,777,269 31.08% 491,193 66.97% 201,419 383.18% 35

31 3 2 5 8 13 122,264,286 26 2004 2004 2004 ( ) ( ) 2004 12 31 2004 12 31 2003 8 2.88 36

2.637 2.637 2002 12 2003 7 2 2 1.58 2004 9 [2004]333 2005 2 [2004]51 2004 (Frank Newman) (Michael O Hanlon) 2005 1 2 37

3 4 5 6 IT 1 14 1 2004 1 15 11 1 2003 2004 2 16 12 2003 2003 2004 2004 3 16 10 2 10 38

2004 3 24 12 2004 4 12 10 2 2003 12 31 2003 12 31 2003 2003 2003 2004 2004 5 29 12 2003 2003 2004 2002 2004 6 18 9 3 2004 8 30 12 2004 2004 2004 2004 2004 10 13 11 1 [2004]146 2004 10 21 12 2004 2004 10 29 10 39

2 2004 11 4 11 1 Newbridge Asia AIV,L.P. 2004 11 10 10 2 2004 2004 12 8 2005 1 11 2005 2004 12 14 12 3 (Au Ngai) (John Langlois) (Jeffrey Williams) 8.52 2 2003 2003 2003 2002 2005 12 31 2004 (Daniel A. Carroll) (Au Ngai) 2004 40

2004 2004 289,774,275 736,076,238 2004 325,727,953 756,395,476 2004 1 289,774,275 10 28,977,428 2 289,774,275 5 14,488,714 3 289,774,275 20 57,954,855 4 5 634,655,241 2004 2004 41

2004 2004 2004 2 23 2003 2004 3 24 2003 2004 4 13 2003 2003 2004 6 15 2003 2004 11 11 2004 11 29 1 2 2004 42

3 4 43

2004 12 31 448 30.5 2.8 14 10,933 2,000 1 3,000 2001 9 2003 2004 12 2 2004 6 7 3,600 3600 2004 7 1 ( ) 2004 12 31 2003 12 31 ( ) 6,000 6,000 ( ) 8,000 8,000 2003 20,000 2003 8 21 2005 8 21 10,000 2004 5 30 2006 5 30 44

2 ( ) 2004 12 31 2003 12 31-3,400 52,348 55,678 52,348 59,078 3 ( ) 2004 12 31 2003 12 31 4 5,617 4 6,038 5 20,000 3 10,000 ( ) - - 2 10,700 4 4 80,000 2003 9 10 2004 9 10 4 1 2 3 5% 5% 45

2004 ( ) 150 2004 300 5 5 [2003]56 14,000 14,000 14,000 14,000 - - 57,600 57,600 - - 3,400-3,400 - - 55,678-3,331 52,348 - [2005]246 [2003]56 2 < 2004 > 46

(Frank Newman) (Michael O Hanlon) 1 2004 3 26 2004 3 16 http://www.cninfo.com.cn 2 2004 4 10 Newbridge Asia AIV,L.P.( ) http://www.cninfo.com.cn 3 2004 4 15 2004 4 12 2003 12 31 2003 12 31 2003 2003 2003 http://www.cninfo.com.cn 4 2004 4 15 Newbridge Asia AIV,L.P. http://www.cninfo.com.cn 5 2004 5 31 http://www.cninfo.com.cn 6 2004 5 31 2003 http://www.cninfo.com.cn 7 2004 6 19 2003 http://www.cninfo.com.cn 8 2004 6 23 http://www.cninfo.com.cn 47

9 2004 7 1 2003 http://www.cninfo.com.cn 10 2004 8 31 2004 8 30 1 2004 2004 2004 2 2004 http://www.cninfo.com.cn 11 2004 9 21 [2004]146 http://www.cninfo.com.cn 12 2004 10 23 [2004]957 http://www.cninfo.com.cn 13 2004 10 26 http://www.cninfo.com.cn 14 2004 11 5 Newbridge Asia AIV III, L.P. http://www.cninfo.com.cn 15 2004 11 13 2004 11 10 (1) 2004 (2) 3 2004 12 13 2004 http://www.cninfo.com.cn 16 2004 11 13 2004 http://www.cninfo.com.cn 17 2004 11 30 http://www.cninfo.com.cn 18 2004 12 10 http://www.cninfo.com.cn 48

19 2004 12 10 2004 12 8 2005 1 11 2005 http://www.cninfo.com.cn 20 2004 12 10 2005 http://www.cninfo.com.cn 21 2004 12 13 Newbridge Asia AIV III, L.P. 2004 5 29 2004 12 31 http://www.cninfo.com.cn 22 2004 12 14 2004 http://www.cninfo.com.cn 23 2004 12 15 (John Langlois) (Jeffrey Williams) http://www.cninfo.com.cn 24 2004 12 31 Newbridge Asia AIV,L.P. 348,103,305 Newbridge Asia AIV,L.P. 17.89% http://www.cninfo.com.cn 25 2005 4 20 15 2003 8 3 15 2004 12 2004 11 2004 1.5 2004 49

http://www.cninfo.com.cn 26 2005 4 22 2005 4 20 15 http://www.cninfo.com.cn 50

1 [2005]061 2004 12 31 2004 2004 12 31 2004 2004 9 2005 1 20 4.215 51

2005 4 23 52

2 2004 12 31 2004 12 31 2003 12 31 26 1 703,081,594 589,793,051 2 18,404,206,126 17,662,074,502 3 5,236,463,983 8,221,749,607 4 2,752,091,600 1,359,970,000 5 271,021,624 788,382,458 6 11,148,189,646 7,594,274,132 7 75,008,634 62,521,396 8 809,366,899 794,923,970 8 20 949,254,376 895,674,642 9 52,785,247 205,138,856 10 9,045,181 10,334,887 11 11,046,867,007 749,183,121 11 20-9,217,671 6,145,411,762 3,534,664,211 - - 12 64,404,003,227 59,515,903,393 12 1,154,051,709 1,422,407,336 12 16,701,407,260 33,248,442,698 137,963,747,123 134,854,871,305 12 31,238,496,393 26,746,144,223 12 1,264,560,541 593,848,754 12 11,432,944,110 9,843,086,416 13 20 5,111,559,816 4,174,149,507 4,293,888 4,298,319 8,718,359 8,729,557 8,718,359 8,729,557 14 156,491,335 153,491,764 14 22,601,847,375 21,688,433,398 22,758,338,710 21,841,925,162 14 20 48,159,919 41,363,895 22,710,178,791 21,800,561,267 15 4,598,460,554 3,564,567,692 15 1,354,891,225 1,176,505,563 3,243,569,329 2,388,062,129 16 11,792,846 33,895,684 17 20-16,246,880 11,792,846 17,648,804 53

64,794,276,082 57,219,500,405 18 65,857,066 87,090,889 19 131,406,613 122,440,731 722,981,888 667,516,203 20 144,142,099 100,415,810 776,103,468 776,632,013 21 752,297,347 602,411,607 204,286,424,020 193,453,415,330 54

2004 12 31 2004 12 31 2003 12 31 26 22 86,482,462,951 79,276,143,610 21,429,291,424 18,002,577,600 28 39,539,679,306-4,710,677,076 3,380,015,382-3,370,914,707 8,325,483,278 11,953,410,166 23 322,764,999 1,729,320,400 599,477,063 348,548,076 594,653,672 618,396,994 6,145,411,762 3,534,664,211 16,471,412 15,622,001 24 13,898,079,991 24,388,264,659 635,548,554 481,754,565 257,289,040 145,026,438 107,831,830 93,381,641 25 395,564,267 162,216,132 26 23,571,856 62,273,455 27 1,150,119,977 565,517,578 15,207,131 6,862,453 167,083,227 232,042,149 30,389,574 18,583,900 184,847,058,390 148,385,536,117 11,219,230,753 10,207,361,908 2,326,813,987 1,190,190,955 28 1,006,921,846 29,100,567,770 1,508,587 2,262,880 14,554,475,173 40,500,383,513 21 200,228,169 172,606,715 199,601,761,732 189,058,526,345 29 1,945,822,149 1,945,822,149 30 1,571,729,344 1,571,729,344 31 262,684,525 219,218,383 31 87,561,508 73,072,794 269,773,946 211,819,091 32 634,655,241 446,301,963 55

- - -2,917-1,945 4,684,662,288 4,394,888,985 204,286,424,020 193,453,415,330 ( ) 56

2004 2004 2003 26 33 8,323,009,942 5,992,810,422 5,492,569,629 3,930,724,571 640,336,691 428,392,773 247,478,433 178,782,624 1,682,174,447 1,232,474,840 62,619,477 72,510,774 23,643,664 25,895,120 98,598,286 83,704,054 75,589,315 40,325,666 33 3,777,269,170 2,881,716,879 2,357,499,155 1,816,798,766 1,326,461,780 914,123,093 59,639,923 49,348,245 25,753,347 100,449,209 7,914,965 997,566 33 2,457,296,430 2,062,878,325 33 34 702,055,158 639,260,292 2,790,499,500 1,687,475,510 411,348,087 252,385,041 35 20,959,998 13,232,676 36 28,283,687 27,823,697 2,371,827,724 1,420,499,448 20 1,880,634,828 1,066,553,219 491,192,896 353,946,229 37 201,418,621-71,126,490 289,774,275 425,072,719 1 57

2 3 4 5 6 ( ) 58

2004 2004 2003 26 289,774,275 425,072,719 446,301,963 461,878,017 736,076,238 886,950,736 28,977,428 42,507,272 14,488,714 21,253,636 57,954,855 85,014,543 634,655,241 738,175,285-291,873,322 634,655,241 446,301,963 ( ) 59

2004 2004 11,968,177,989 11,963,694,859 13,594,525,259-3,400,741,225-15,267,654,775 7,800,254,084 247,478,433 6,778,432 2,610,747,551 38 732,772,567 30,256,033,174 16,460,530,159-9,611,260,495 2,610,747,551 1,982,897,532 3,971,579,901 3,555,920,294 59,639,923 864,465,740 525,974,831 39 2,789,919,785 23,210,415,221 7,045,617,953 22,262,337,702 6,731,431,012 58,171,987-29,051,940,701 245,912,492 4,999,571 39,288,584,569 39,539,496,632-10,487,555,931 38,701,598 38,701,598-38,701,598 60

3,893,938-972 -3,476,746,610 61

2004 2004 1 2 289,774,275 1,880,634,828 16,805,674 291,087,624 34,676,028 24,011,950 1,289,706 8,344,678 ( ) - - - - - - -2,659,416-21,734 ( ) -702,055,158-122,264,286 ( ) -4,353,339,195 ( ) 9,676,448,484 6,778,432-3,893,938 7,045,617,952 3 703,081,594 589,793,051 40 14,926,027,829 40 18,516,062,982 62

-3,476,746,610 ( ) 63

3 6 1987 5 10 1987 12 22 1988 4 7 2004 12 31 234 6,999 00000008 B11415840H0001 N46884 1 2 1 1 12 31 3 4 64

5 6 90 20 1 1% 1 2 10% 2 3 20% 3 100% 7 8 65

9 1 1 1 1 2 3 90 90 90 20 10 9 66

2005 2005 4 23 3 11 67

12 13 20 20 20 14 0 2.8 30 3.30% 6 16.20% 68

( ) 5 19.80% ( ) 3 33.00% 5 10 9.90% 19.80% 5 10 10.00% 20.00% 15 16 5 8 17 18 19 20 90 69

21 22 26 1 2 3 23 24 10 5 10 50 4 70

25 26 2005 4 23 22 122,264,286 1 2002 2003 2002 602,411,607 169,821,439-24,568,409 457,158,577-172,606,715-61,294,424-111,312,291-429,804,892 108,527,015-135,880,700 457,158,577 71

2 2003 2002 2002 42,980,489 10,852,701-13,588,070 45,715,858 21,490,244 5,426,351-6,794,035 22,857,928 85,960,978 21,705,403-27,176,140 91,431,715 150,431,711 37,984,455-47,558,245 160,005,501 3 2003-602,411,607 602,411,607-172,606,715 172,606,715 154,747,650 64,470,733 219,218,383 125,858,113 85,960,978 211,819,091 166,928,782 279,373,181 446,301,963 2003 37,400,525-108,527,015-71,126,490 31,654,571 10,852,701 42,507,272 15,827,285 5,426,351 21,253,636 63,309,140 21,705,403 85,014,543 72

5% 1% 7% 10% 15% 33% 10% [2001]21 2001 5% [2004]1113 2,010 100% 25 1 2004 12 31 2003 12 31 703,081,594 589,793,051 703,081,594 589,793,051 73

2 2004 12 31 2003 12 31 9,453,978,643 7,111,126,504 8,823,368,542 10,381,612,516 11,232,000 33,284,000 115,626,941 136,051,482 18,404,206,126 17,662,074,502 8% 2003 12 31 7% 2% 3 2004 12 31 2003 12 31 4,433,337,371 7,929,872,799 803,126,612 291,876,808 5,236,463,983 8,221,749,607 20 78,642,796 71,991,259 4 2004 12 31 2003 12 31 1,342,265,000 928,036,000 1,409,826,600 431,934,000 2,752,091,600 1,359,970,000 20 162,933,600 162,933,600 74

5 2004 12 31 2003 12 31 271,021,624 788,382,458 271,021,624 788,382,458 20 172,512,770 168,727,246 16,448,400 6 2004 12 31 2003 12 31 6,857,800,000 454,250,000 55,022,138 55,022,138 5,615,307,472 770,000,000 3,465,367,508 1,469,694,522 11,148,189,646 7,594,274,132 20 27,511,069 29,022,137 7 2004 12 31 2003 12 31 75,008,634 100% 62,521,396 100% 90 90 5% 75

8 2004 12 31 20 1 116,064,524 14% 1,160,645 114,903,879 1 2 20,284,815 3% 2,028,482 18,256,333 2 3 17,112,545 2% 3,422,509 13,690,036 3 655,905,015 81% 499,018,643 156,886,372 809,366,899 100% 505,630,279 303,736,620 2003 12 31 20 1 63,158,270 8% 631,583 62,526,687 1 2 20,026,670 3% 2,002,667 18,024,003 2 3 20,292,760 3% 4,058,552 16,234,208 3 691,446,270 86% 449,745,078 241,701,192 794,923,970 100% 456,437,880 338,486,090 5% 2004 12 31 2003 12 31 523,477,275 366,590,901 556,784,124 315,072,676 136,335,555 78,154,508 105,530,867 63,895,089 22,447,541 22,447,541 22,447,541 22,447,541 76

8,700,000 8,700,000 8,700,000 8,700,000 4,325,426 4,325,426 4,325,426 4,325,426 3,480,000 3,480,000 3,480,000 3,480,000 9 2004 12 31 2003 12 31 861,331 8,180,866 32,624,357 29,879,669-150,000,000 19,299,559 17,078,321 52,785,247 205,138,856 10 9,045,181 10,334,887 11 2004 12 31 2003 12 31 9,821,736,155 407,216,536 1,225,130,852 341,966,585 11,046,867,007 749,183,121 20-9,217,671 2004 12 31 77

12 1 2004 12 31 % 2003 12 31 % 64,094,308,309 50.79 58,842,891,787 44.79 31,238,496,393 24.75 26,746,144,223 20.36 1,264,560,541 1.00 593,848,754 0.45 11,432,944,110 9.06 9,843,086,416 7.49 1,154,051,709 0.91 1,259,772,190 0.96 16,701,407,260 13.23 33,248,442,698 25.31 309,694,918 0.26 835,646,752 0.64 126,195,463,240 100 131,369,832,820 100 4,060,480,000 2003 12 31 5,992,500,000 1,958,829,991 2003 12 31 22,804,087,432 78

2 2004 12 31 % 2003 12 31 % 1,318,900,000 1.05 540,443,320 0.41 ( ) 1,136,780,000 0.90 856,993,888 0.65 ( ) 32,387,726,794 25.66 28,834,368,500 21.95 4,720,110,000 3.74 12,015,959,820 9.15 13,582,130,000 10.76 4,230,333,702 3.22 17,955,959,279 14.23 14,785,861,457 11.25 14,640,437,167 11.60 15,640,125,335 11.91 12,853,930,000 10.19 11,575,830,000 8.81 5,369,410,000 4.25 6,146,410,000 4.68 5,655,340,000 4.48 3,736,416,414 2.84 513,240,000 0.41 486,720,000 0.37 - - 22,804,087,432 17.36 16,061,500,000 12.73 9,716,282,952 7.40 126,195,463,240 100 131,369,832,820 100 5,111,559,816 4,174,149,507 121,083,903,424 127,195,683,313 79

3 2004 12 31 % 2003 12 31 % 28,982,232,263 22.97 28,899,351,121 22.00 19,580,295,899 15.52 25,671,573,412 19.54 46,201,817,810 36.61 47,900,488,673 36.46 26,121,668,739 20.70 24,898,543,325 18.95 4,924,293,229 3.90 3,470,917,948 2.65 385,155,300 0.30 528,958,341 0.40 126,195,463,240 100 131,369,832,820 100 5,111,559,816 4,174,149,507 121,083,903,424 127,195,683,313 4 (a) 2004 12 31 2003 12 31 14,087,914,321 14,976,672,319 32,660,453,869 24,634,652,937 14,057,740,351 11,252,862,568 21,453,353,655 43,322,565,603 82,259,462,196 94,186,753,427 80

(b) 2004 12 31 2003 12 31 1 3 3 1 3 3 1,086,792,515 233,459,919 853,332,596 1,536,678,871 633,813,303 902,865,568 11,078,584,463 5,126,681,012 5,951,903,451 11,804,932,883 5,607,988,047 6,196,944,836 16,292,368,366 5,242,989,455 11,049,378,911 10,462,977,626 4,313,546,363 6,149,431,263 2,780,751,049 852,180,876 1,928,570,173 2,941,554,843 921,149,854 2,020,404,989 31,238,496,393 11,455,311,262 19,783,185,131 26,746,144,223 11,476,497,567 15,269,646,656 (c) 2004 12 31 2003 12 31 15,707,581-933,003,857 533,088,317 283,399,103 52,757,739 32,450,000 8,002,698 1,264,560,541 593,848,754 (d) 2004 12 31 90 1 1-3 3 136,366,720 15,537,662 91,604,637 29,224,421 7,874,222,636 2,023,493,163 1,744,824,346 4,105,905,127 3,279,750,796 1,313,598,004 697,359,866 1,268,792,926 142,603,958 77,758,388 12,271,884 52,573,686 11,432,944,110 3,430,387,217 2,546,060,733 5,456,496,160 81

2003 12 31 90 1 1-3 3 58,820,103 1,800,000 18,586 57,001,517 6,119,202,741 3,135,995,973 1,472,356,587 1,510,850,181 3,489,902,743 1,530,477,018 819,859,456 1,139,566,269 175,160,829 32,549,398 41,592,328 101,019,103 9,843,086,416 4,700,822,389 2,333,826,957 2,808,437,070 13 2004 2003 4,174,149,507 3,239,035,940 1,786,885,574 934,577,310 20,773,099-835,480,598-6,778,432 536,257 5,111,559,816 4,174,149,507 835,480,598 14 2004 12 31 2003 12 31 42,985,408 42,985,408 113,505,927 110,506,356 156,491,335 153,491,764 22,601,847,375 21,688,433,398 22,601,847,375 21,688,433,398 22,758,338,710 21,841,925,162 82

(1) 2004 12 31 6,771,269 2.03% 9,662,219 7,224,562 5,110,023 0.22% 2,131,494 1,150,000 0.30% 9,650,000 7,580,000 1,430,000 0.30% 3,215,000 1,031,250 0.22% 2,519,500 405,221 0.06% 187,195 4,000,000 3.70% 5,220,000 5,220,000 ( ) 1,000,000 0.41% 1,100,000 1,100,000 2,000,000 4.10% 2,500,000 2,800,000 9.30% 2,800,000 2,800,000 ( ) 500,000 0.05% 500,000 500,000 1,000,000 0.91% 1,000,000 1,000,000 1,000,000 0.56% 1,000,000 1,000,000 663,600 0.27% 500,000 1,000,000 0.74% 1,000,000 1,000,000 42,985,408 27,424,562 83

(2) 2004 12 31 100% 21,010,000-21,010,000 13.82% 17,735,357 17,735,357 17,735,357 15,000,000 15,000,000 3,000,000 15,770,570 15,770,570 12,000,000 12,000,000 50,000,000 50,000,000 3,000,000 3,000,000 134,515,927-21,010,000 113,505,927 20,735,357 (3) (%) 12,260,294,179 1.00 9.00 12,255,497,239 1999.3.20 2022.5.9 340,209,303 137,097,611 10,020,707,764 1.98 6.80 10,005,004,305 1998.12.23 2012.7.19 290,412,005 204,248,220 22,281,001,943 22,260,501,544 630,621,308 341,345,831 84

15 2003 12 31 1,951,492,568 237,745,000 346,065,205 152,661,501 225,848,873 266,132,478 384,622,067 3,564,567,692 - - 979,425 1,733,403 2,298,155 1,764,121 19,332,586 26,107,690 1,003,259,975 9,229,783 70,184,484 27,385,828 5,290,139 21,395,589 46,062,931 1,182,808,729 19,247,863 30,090,065 63,515,054 28,261,077 4,823,326 12,340,086 16,746,086 175,023,557 2004 12 31 2,935,504,680 216,884,718 353,714,060 153,519,655 228,613,841 276,952,102 433,271,498 4,598,460,554 2003 12 31 326,273,169 133,048,245 190,758,172 102,665,767 108,958,070 160,201,311 154,600,829 1,176,505,563 69,649,537 23,370,669 59,490,880 30,523,427 24,526,677 15,334,000 68,192,434 291,087,624-3,986,791-2,857,364 - - - 6,844,155 6,357,467 28,487,742 45,497,697 18,649,267 4,145,501-16,408,443 119,546,117 2004 12 31 389,565,239 131,917,963 204,751,355 117,397,291 129,339,246 175,535,311 206,384,820 1,354,891,225 2004 12 31 2,545,939,441 84,966,755 148,962,705 36,122,364 99,274,595 101,416,791 226,886,678 3,243,569,329 2003 12 31 1,625,219,399 104,696,755 155,307,033 49,995,734 116,890,803 105,931,167 230,021,238 2,388,062,129 2004 12 31 1,244,690,510 1,183,859,375 2003 12 31 257,901,096 211,331,109 85

16 2003 2004 12 31 12 31 9,607,758 9,607,758 1,980,111 2,084,662 4,063,173 1,600 16,246,880 16,246,880 * 3,813,308 3,350,381 5,676,837 1,486,852 116,415 116,415 1,669,567 1,499,567 170,000 2,247,627 14,519,159 14,751,698 2,015,088 33,895,684 21,740,184 26,107,690 17,735,332 11,792,846 * 17 16,246,880 16 18 2003 12 31 2004 12 31 69,571,722 2,212,205 28,771,028 43,012,899 17,519,167 11,230,000 5,905,000 22,844,167 87,090,889 13,442,205 34,676,028 65,857,066 2004 12 31 125,477,571 82,464,672 43,012,899 32,630,000 9,785,833 22,844,167 158,107,571 92,250,505 65,857,066 86

19 2003 12 31 2004 12 31 5,150,227 5,150,227 118,010,959 16,587,135 13,840,556 120,757,538 255,156 1,675,888 755,742 1,175,302 4,174,616 9,564,582 4,265,425 9,473,773 122,440,731 32,977,832 24,011,950 131,406,613 2004 12 31 166,414,972 45,657,434 120,757,538 6,168,413 4,993,110 1,175,303 22,091,410 12,617,638 9,473,772 194,674,795 63,268,182 131,406,613 87

20 2003 2004 12 31 (-) 12 31 - - - - - - 456,437,880 49,292,725 100,326 - - 505,630,279 71,991,259 6,651,537 - - - 78,642,796 162,933,600 - - - - 162,933,600 172,512,770 12,662,876 16,448,400 - - 168,727,246 27,511,069 1,511,068 - - - 29,022,137 4,288,064 10,254 - - - 4,298,318 895,674,642 70,128,460 16,548,726 - - 949,254,376 4,174,149,507 1,786,885,574 835,480,598 20,773,099 6,778,432 5,111,559,816 9,217,671-9,217,649-22 - - 41,363,895 6,796,452-428 - 48,159,919 16,246,880 - - 16,246,880 - - 100,415,810 26,041,991 - -17,684,298-144,142,099 5,237,068,405 1,880,634,828 852,029,324 19,336,131 6,778,432 6,253,116,210 88

21 2004 12 31 2003 12 31 602,411,607 432,590,168 362,979,414 176,927,304 213,093,674 7,105,865 752,297,347 602,411,607 172,606,715 111,312,291 27,621,454 61,294,424 - - 200,228,169 172,606,715-122,264,286-108,527,015 22 2004 12 31 2003 12 31 3,525,280,092 2,485,615,331 520,759,237 830,733,652 3,342,812,476 3,927,457,051 946,822,513 1,270,073,275 2,862,009,178 2,575,565,971 2,739,070,392 2,066,335,370 4,795,649,526 5,344,748,349 300,585,163 356,957,950 89

139,267,956 118,105,401 66,837,823-1,382,062 2,800,866 24,006,528,530 23,236,512,083 10,437,027,720 8,380,768,721 32,798,430,283 28,680,469,590 86,482,462,951 79,276,143,610 23 2004 12 31 2003 12 31 322,764,999 1,729,320,400 24 2004 12 31 2003 12 31 10,265,600,000 550,000,000 1,673,650,000 4,405,090,000 1,958,829,991 19,433,174,659 13,898,079,991 24,388,264,659 90

25 2004 12 31 2003 12 31 73,719,180 104,198,433 8,849,523 6,105,145 3,371,350 4,023,700 281,236,989 76,276,079 395,564,267 162,216,132 26 23,571,856 27 565,517,578 1,150,119,977 5 2004 12 31 2003 12 31 698,917,424-154,109,364 340,053,044 60,371,715 31,814,345 26,530,246 18,278,135 29,321,623 235,593 26,630,300 838,474 8,784,583 7,359,702 91

28 2004 12 31 2003 12 31 1,370,648,057-1,370,648,057 1,010,376,301 29,897,525,084-29,897,525,084 21,443,130,195 34,042,696-34,042,696 25,282,059 426,215,168 26,649,781 452,864,949 297,803,493 27,787-27,787-7,811,220,514 980,272,065 8,791,492,579 6,323,975,722 39,539,679,306 1,006,921,846 40,546,601,152 29,100,567,770 2003 29 2003 12 31 2004 12 31 125,390,017-123,672,871 1,717,146 411,070,167-224,430,434 186,639,733 348,103,305 348,103,305 536,460,184 536,460,184 1,409,361,965 1,409,361,965 731,851 62,932 794,783 1,945,822,149 1,945,822,149 92

( ) 348,103,305 Newbridge Asia AIV III, L.P. 30 2003 12 31 2004 12 31 1,571,729,344 1,571,729,344 31 2003 12 31 2004 12 31 146,145,589 28,977,428 175,123,017 73,072,794 14,488,714 87,561,508-219,218,383 43,466,142 262,684,525 32 289,774,275 446,301,963 26 736,076,238 2005 4 23 10% 28,977,428 5% 14,488,714 20 % 57,954,855 634,655,241 93

33 3,424,546,113 2,673,826,164 960,832,854 662,726,182 452,613,277 1,785,026,112 957,109,605 352,285,991 939,063 476,569,579 4,549,213,525 2,738,532,757 640,907,525 9,632,524 1,179,405,767 2,465,734,864 1,483,026,069 415,970,795 10,050,297 576,788,297 277,125,011 123,238,057 87,299,265 252,169 66,839,858 36,010,625 16,182,826-18,454,923 38,282,722 12,537,656,250 7,991,915,478 2,457,296,430 702,055,158 2,790,499,500 4,214,646,308 4,214,646,308 - - - 8,323,009,942 3,777,269,170 2,457,296,430 702,055,158 2,790,499,500 34 2004 2003 71,263,517 25,475,276 ( ) 170,334 340,668 630,621,307 586,424,502 ( ) - 27,019,846 702,055,158 639,260,292 94

35 2004 2003 306,930 213,897 3,904,788 414,392 167,741 130,112 150,970 359,850 5,122,544 4,063,925 521,434 4,698,313 2,186,144 2,734,274 8,599,447 617,913 20,959,998 13,232,676 36 2004 2003 328,664 30,904 1,245,372 1,253,857 99,289 298,986 229,538 431,720 1,228,606 2,179,919 4,511,379 3,504,352 34,831 222,038 96,245 85,100 16,805,674 10,383,900 3,704,089 9,432,921 28,283,687 27,823,697 95

37 2004 2003 328,070,186 120,155,363-4,387,279-82,754,838-149,885,740-169,821,439 27,621,454 61,294,424 201,418,621-71,126,490 38 2004 90,683,322 75,589,315 11,932,666 530,074,189 849,411 23,643,664 732,772,567 39 2004 2,044,703,422 14,004,033 731,212,330 2,789,919,785 96

40 2004 12 31 2003 12 31 8,834,600,542 10,381,612,517 4,403,080,687 7,082,120,244 1,509,426,600 1,052,330,221 178,920,000-14,926,027,829 18,516,062,982 41 3 3 1 1 5 5-70,308 - - - - 70,308-1,840,421 - - - - 1,840,421 3,398 411,648 57,699 43,038 - - 515,783 4,073-233,043 21,800 - - 258,916 10,229 - - - - - 10,229 2,600-1,019,917 89,400 - - 1,111,917 802,774 15,648 2,787,317 5,740,236 1,444,634 1,317,781 12,108,390 - - 608,868 631,474 1,248,201 887,162 3,375,705 62,162-19,977 619,223 80,837 354,774 1,136,973 885,236 2,338,025 4,726,821 7,145,171 2,773,672 2,559,717 20,428,642 - - - - - - - - 32,276 - - - 32,276-820,133 8,277 4,138 - - 832,548 - - 1,238,580 146,890 4,338-1,389,808-8,534,622 2,798,871 4,165,535 830,375 342,104 16,671,507-119,413 - - - - 119,413-2,357 - - - - 2,357-47,006 45,960 794,903 23,111 1,287 912,267-9,523,531 4,123,964 5,111,466 857,824 343,391 19,960,176 - - - - - - - 885,236-7,185,506 602,857 2,033,705 1,915,848 2,216,326 468,466 97

42 13,052,733 519,883 197,047 26,711 13,796,374 6,026,721 327,599 125,108 6,479,428 136,501 13,991 2,348 152,840 19,215,955 861,473 324,503 26,711 20,428,642 17,560,570 627,083 280,676 16,377 18,484,706 1,367,481 63,342 24,531 93 1,455,447 20,023 20,023 18,948,074 690,425 305,207 16,470 19,960,176 267,881 171,048 19,296 10,241 468,466 2004 12 31 2003 12 31 2,570,093,094 2,239,374,466 240,162,213 312,897,099 239,091,175 321,988,619 2,329,201,543 2,424,281,605 2,885,660,362 2,322,988,223 66,963,251,636 49,119,139,743 98

1 1 Newbridge Asia AIV III, L.P. 17.89 USD7.24 2000 6 22 David Bonderman James G. Coulter William S. Price III Richard C. Blum 2 ( ) 2 1 2003.12.31 2004.12.31 (%) 2004 ( ) 6,000 6,000 5.31 2004.8.20-2005.8.20 ( ) 8,000 8,000 5.31 2004.10.11-2005.8.11 308 400 2003 20,000 2003 8 21 2005 8 21 10,000 2004 5 30 2006 5 30 99

2 2004 12 31 2003 12 31-34,000,000 523,477,275 556,784,124 523,477,275 590,784,124 3 80,000 2003 9 10 2004 9 10 4 2.3%-2.85% 271,017 2004 12 31 2003 12 31 4 56,168,546 4 60,382,300 5 200,000,000 3 100,000,000 ( ) - - 2 107,000,000 4 2004 12 31 14 10,933 3,039 2004 5 8 2.637 2.637 2004 1 1.023 100

0.520 3.352 2004 12 2004 9 2005 1 20 4.215 2004 12 31 2004 12 31 2003 12 31 1 248,372,458 187,193,266 2 5 600,334,250 581,102,378 5 348,970,585 468,086,096 1,197,677,293 1,236,381,740 2004 12 31 6.99 9.79 2.8 6.99 27 2005 4 23 2004 10% 28,977,428 5% 14,488,714 101

20 % 57,954,855 634,655,241 Newbridge Asia AIV III, L.P. ( ) 2004 5 29 348,103,305 2004 12 29 348,103,305 17.89% 2004 10 27 Newbridge Asia AIV III, L.P. 2004 12 31 102

2004 12 31 2003 12 31 25,284,100 58,837,669 191,604,020 248,788,386 110,511,078 71,481,012 81,092,942 177,307,374 4,639,961 52,654,862 11,688,079 12,029,270 5,221,681 5,221,681 6,466,398 6,807,589 54,292,203 1,947,957 171,775,604 297,555,451 523,477,275 590,784,124 14,889,230 21,844,012 538,366,505 612,628,136 21,010,000 21,010,000-387,600,901-336,082,685-366,590,901-315,072,685 171,775,604 297,555,451 103

1. 2004 12 31 2004 2003 12 31 2003 4,684,662,288 289,774,275 4,394,888,985 425,072,719-10,530,448-1,126,482-8,568,019-8,935,893-486,991,940 22,549,506-40,846,970-6,272,327-22,844,167-5,325,000-17,519,167-17,519,167 59,975,050 59,975,050 - - 66,980,094-40,119,396 42,167,511 22,102,368 4,291,250,877 325,727,953 4,370,122,340 414,447,700 a b c d e 2. 9 ---- 104

(%) ( ) 2004 2003 2004 2003 2004 2003 2004 2003 59.57% 38.40% 61.47% 38.34% 1.43 0.87 1.43 0.87 59.57% 38.40% 61.47% 38.34% 1.43 0.87 1.43 0.87 6.19% 9.67% 6.38% 9.66% 0.15 0.22 0.15 0.22 5.92% 7.27% 6.11% 7.26% 0.14 0.16 0.14 0.16 2004 9,481,985 9,217,649-6,170,879 2003 2003-4,207,121 108,527,015 1,388,350 3. 2003 12 31 2004 12 31 1,945,822,149 - - 1,945,822,149 1,571,729,344 - - 1,571,729,344 219,218,383 43,466,142-262,684,525 73,072,794 14,488,714-87,561,508 211,819,091 57,954,855-269,773,946 446,301,963 188,353,278-634,655,241 - - - - -1,945-972 -2,917 4,394,888,985 289,774,275 972 4,684,662,288 105

4. 2004 2003 - -75,416,595-122,264,286 108,527,015-2004 122,264,286 2003 108,527,015 26 2003 2003 112,562,082 37,145,487 2003 75,416,595 106

5. 30% -36.31% 102.36% -65.62% 46.80% -74.27% 1374.52% -100.00% 73.86% -49.77% 112.94% 35.82% 39.37% -100.00% -30.35% -81.34% -43.01% 143.85% 103.37% 95.50% -96.54% 38.88% 31.08% 66.97% 383.18% 107

[2005]246 2004 12 31 2004 2005 4 23 [2003]56 2004 1 2003.12.31 2004.12.31 (%) 2004 6,000 6,000 5.31 2004.8.20-2005.8.20 8,000 8,000 5.31 2004.10.11-2005.8.11 308 400 2003 20,000 2003 8 21 2005 8 21 10,000 2004 5 30 2006 5 30 108

2 80,000 2003 9 10 2004 9 10 4 2.3%-2.85% 271,017 3 2004 12 31 2003 12 31-34,000,000 523,477,275 556,784,124 523,477,275 590,784,124 366,590,901 2004 12 31 1 2 3 4 109

2004 56 14,000.00 14,000.00 14,000.00 14,000.00 - - 57,600.00 57,600.00 - - 3,400.00-3,400.00 - - 55,678.41-3,330.68 52,347.73 36,659.09 110

2005 4 23 1

2 32 20 4.215 1

2004 2003 4 9,042,964,567 6,761,962,524 4 (3,709,714,282) (2,823,205,931) 4 5,333,250,285 3,938,756,593 (411,348,087) (252,385,041) 5 (2,261,819,473) (1,567,143,481) 2,660,082,725 2,119,228,071 170,334 340,668 6 187,838,510 129,434,379 / (3,086,212) (9,150,505) 7 184,846,248 161,763,720 3,029,851,605 2,401,616,333 8 (1,005,943,732) (837,436,802) 8 (1,137,422,112) (943,057,849) 8 (319,219,787) (299,902,842) (2,462,585,631) (2,080,397,493) 567,265,974 321,218,840 ( )/ 9 (241,538,021) 93,228,860 325,727,953 414,447,700 10 0.17 0.21 6 51 2

2004-12-31 2003-12-31 703,081,594 589,793,051 11 18,404,206,126 17,662,074,502 12 5,157,821,187 8,149,758,348 13 2,589,158,000 1,197,036,400 14 102,294,378 615,869,688 15 11,631,472,960 7,566,763,063 16 959,055,530 1,204,065,720 17 121,083,903,426 127,195,683,313 18 31,624,359,853 21,212,571,314 19 11,792,846 17,648,805 20 3,274,378,694 2,444,791,451 20 1,340,242,229 325,491,718 134,148,744 120,870,418 21 619,049,272 471,972,406 22 1,264,921,338 1,334,269,753 197,559,643,948 189,783,168,232 23 8,325,483,278 11,953,410,166 13 322,764,999 1,729,320,400 24 165,703,011,986 141,030,670,659 15 13,898,079,991 27,759,179,366 16 1,007,867,936 136,672,021 1,194,130,735 966,945,070 281,236,991 76,276,079 25 23,571,856 62,273,455 26 2,512,245,299 1,698,298,676 193,268,393,071 185,413,045,892 27 1,945,822,149 1,945,822,149 1,571,729,344 1,571,729,344 28a 532,455,555 431,035,530 - (413,730,650) (9,132,206) 29 654,974,479 430,667,523 4,291,250,877 4,370,122,340 197,559,643,948 189,783,168,232 6 51 3

( 28a) ( 29) 1,945,822,14 9 1,571,729,344 211,633,761-586,607,595 4,315,792,84 9 ( 28c) - - (41,818,023) - 41,818,023 - ( 28d) - - 112,447,257 - (112,447,257) - 39 ( 39) - - - 59,109,765 (59,109,765) - 1,945,822,14 9 1,571,729,344 282,262,995 59,109,765 456,868,596 4,315,792,84 9 : - - - (76,779,413) - (76,779,413) - - - (6,788,187) - (6,788,187) - - (2,916) - - (2,916) - - - 15,325,629-15,325,629 - - (2,916) (68,241,971) - (68,244,887) - - - - 414,447,700 414,447,700 - - (2,916) (68,241,971) 414,447,700 346,202,813 - - - - (291,873,322) (291,873,322 ) - - 110,790,996 - (110,790,996) - ( 28d) - - 37,984,455 - (37,984,455) - 1,945,822,14 9 1,571,729,344 431,035,530 (9,132,206) 430,667,523 4,370,122,34 0 : (466,160,075 (466,160,075 - - - ) - ) - - - (3,369,464) - (3,369,464) - - (972) (886) - (1,858) - - - 64,931,981-64,931,981 - - (972) (404,598,444 ) - (404,599,416 ) - - - - 325,727,953 325,727,953 - - (972) (404,598,444 ) 325,727,953 (78,871,463) - - - - - - - - 101,420,997 - (101,420,997) - 1,945,822,14 9 1,571,729,344 532,455,555 (413,730,650 ) 654,974,479 4,291,250,87 7 6 51 4

2004 2003 30 6,932,471,218 (2,943,181,045) (118,721,994) (91,446,435) /( ) 6,813,749,224 (3,034,627,480) /( ) (21,740,184) (43,163,237) (306,103,511) (283,942,321) / 66,447,731 15,129,268 706,851,792 698,743,180 170,334 340,668 (37,487,990,235) (41,471,149,181) 26,757,264,847 40,093,336,100 33,306,849 - (10,251,792,377) (990,705,523) (38,701,599) (268,150,620) (38,701,599) (268,150,620) (1,858) (2,916) (3,476,746,610) (4,293,486,539) 19,105,856,033 23,399,342,572 15,629,109,423 19,105,856,033 703,081,594 589,793,051 8,834,600,542 10,381,612,517 4,403,080,687 7,082,120,244 1,509,426,600 1,052,330,221 178,920,000-15,629,109,423 19,105,856,033 8,572,064,797 6,322,472,641 4,803,114,106 2,794,623,293 6 51 5

1. ( ) 6 00000008 B11415840H0001 N46884 5047 234 ( 221 ) 6,999 ( 6,471 ) 2. 2, 38 2005 1 1 32 39 39 6

2. (a) (b) (c) (a) (i) 7

(ii) (b) 8

2. (c) (d) - 9

10

2. (a) 11

12

2. (b) ( ) (c) (a) (i) 13

(ii) 14

2. (b) 15

39 16

17 2. / / / / / / / / / / / / / / / /

2. : ( ) 3.30% 16.20% 19.80 33.00% 20.00% 9.90 19.80% 10.00% 20.00% 18

2. ( ) 19

3. 11.9% 6.5 % 2004-12-31 % 2003-12-31 % 56,845,194,393 29 88,619,770,353 47 18,842,893,898 10 25,029,449,224 13 26,276,234,907 13 29,353,446,442 15 19,749,232,402 10 15,181,000,180 8 16,308,482,009 8 12,666,652,457 7 1,999,947,909 1 1,468,520,332 1 57,537,658,430 29 17,464,329,244 9 197,559,643,948 100 189,783,168,232 100 2004-12-31 % 2003-12-31 % 2,147,007,636 65 1,271,979,143 52 129,284,825 4 135,552,633 5 75,254,720 2 75,078,497 3 189,620,434 6 204,974,333 8 56,199,851 2 57,839,602 2 - - - - 688,804,074 21 717,016,048 30 3,286,171,540 100 2,462,440,256 100 20

3. 2004-12-31 % 2003-12-31 % 28,982,232,263 23 28,899,351,121 22 12,512,083,291 10 16,169,034,454 12 17,083,927,980 14 19,989,838,885 15 12,214,792,071 10 10,858,411,715 8 11,288,539,774 9 10,456,228,288 8 385,155,301-528,958,341-43,728,732,561 34 44,468,010,016 35 126,195,463,241 100 131,369,832,820 100 2004-12-31 % 2003-12-31 % 39,409,052,676 24 37,810,713,915 27 17,897,725,176 11 16,301,680,942 12 23,022,063,535 14 22,168,505,628 16 15,606,125,643 9 12,769,649,266 9 14,580,908,495 9 10,461,143,202 7 2,055,800,447 1 1,441,748,506 1 53,131,336,014 32 40,077,229,200 28 165,703,011,986 100 141,030,670,659 100 2004 % 2003 % 2,721,853,598 29 2,647,376,801 38 940,047,524 10 628,776,875 9 1,286,327,246 14 959,666,767 14 705,366,413 7 521,543,058 7 875,351,350 9 535,510,652 8 83,053,127 1 62,263,937 1 2,800,734,189 30 1,689,212,696 23 9,412,733,447 100 7,044,350,786 100 21

3. 2004 - - % 2,581,397,418 1,604,549,303 4,185,946,721 46 898,025,668 273,359,452 1,171,385,120 13 1,243,034,172 592,274,920 1,835,309,092 20 678,146,082 498,781,936 1,176,928,018 13 862,231,845 234,000,925 1,096,232,770 12 71,747,364 166,925 71,914,289 1 2,708,382,018 1,011,512,847 3,719,894,865 42 - (4,214,646,308) (4,214,646,308) (47) 9,042,964,567-9,042,964,567 100 2003 - - % 2,514,225,836 1,415,019,652 3,929,245,488 58 602,832,179 268,713,744 871,545,923 13 923,342,607 457,772,049 1,381,114,656 20 504,371,310 319,857,220 824,228,530 12 528,141,572 164,735,361 692,876,933 10 57,017,687 87,482 57,105,169 1 1,632,031,333 805,359,703 2,437,391,036 37 - (3,431,545,211) (3,431,545,211) (51) 6,761,962,524-6,761,962,524 100 22

3. 2004 % 2003 % 691,422,799 19 728,205,162 26 460,962,358 12 360,301,748 13 619,940,499 17 495,569,233 18 340,702,904 9 212,786,335 8 400,608,463 11 236,463,654 8 15,647,271-12,695,781-1,180,429,988 32 777,184,018 27 3,709,714,282 100 2,823,205,931 100 2004-12-31 % 2003-12-31 % 5,814,337,535 8 5,382,297,442 10 9,764,294,889 14 9,275,041,201 17 5,793,683,837 8 7,226,905,436 14 5,228,674,079 7 5,122,661,390 10 6,304,439,188 9 6,505,937,985 12 214,676,825-4,766,629-39,058,007,188 54 20,348,799,488 37 72,178,113,541 100 53,866,409,571 100 23

4. 2004 2003 7,583,361,624 5,663,059,442 703,506,988 482,312,939 756,095,955 616,590,143 9,042,964,567 6,761,962,524 2,357,499,155 1,816,798,765 1,352,215,127 1,006,407,166 3,709,714,282 2,823,205,931 5,333,250,285 3,938,756,593 408,617,548 489,434,561 5. 2004 2003 17b 2,195,503,121 1,424,011,871 784,754 18,599,007 6,651,537 6,688,393-81,464,400 12,662,876 23,230,224 1,511,069-21,610,236 129,982,024 18,664,125 3,092,715 26,041,991 10,056,871 2,261,819,473 1,567,143,481 24

6. 2004 2003 247,478,433 178,782,624 (59,639,923) (49,348,245) 187,838,510 129,434,379 7. 2004 2003 23,643,664 25,895,120 1,644,247 3,574,855 99,464,534 83,734,154 /( ) 2,637,683 (4,682,983) 28,593,408 24,496,527 (2,325,236) (987,316) (16,841,474) (10,383,900) 48,029,422 40,117,263 184,846,248 161,763,720 25

8. 2004 2003 786,404,984 663,693,834 188,372,496 147,385,283 31,166,252 26,357,685 1,005,943,732 837,436,802 298,788,802 258,223,605 24,817,716 19,227,658 46,575,743 36,058,825 43,773,077 37,739,726 17,308,903 14,706,737 24,933,105 25,439,761 113,160,366 86,103,095 99,849,497 77,280,303 91,685,726 55,898,371 76,675,270 58,522,009 15,599,963 13,087,332 18,071,648 29,707,466 19,304,630 15,747,985 24,291,972 26,213,297 16,380,228 29,376,780 11,615,017 5,424,604 40,126,858-154,463,591 154,300,295 1,137,422,112 943,057,849 319,219,787 299,902,842 2,462,585,631 2,080,397,493 26

9. 2004 2003 328,070,186 120,155,363 (4,387,279) (82,754,838) (82,144,886) (130,629,385) 241,538,021 (93,228,860) 15%-33% : 2004 2003 567,265,974 321,218,840 15% - 33% 187,197,771 106,002,217 /( ) (4,387,279) (82,754,838) 154,829,669 167,986,988 - (178,212,459) (96,102,140) (106,250,768) 241,538,021 (93,228,860) 10. 2004 2003 : ( ) 325,727,953 414,447,700 ( : ) 1,945,822,149 1,945,822,149 ( ) 0.17 0.21 27

11. 2004-12-31 2003-12-31 8,823,368,542 10,381,612,517 9,569,605,584 7,247,177,985 11,232,000 33,284,000 18,404,206,126 17,662,074,502 8% 7% 2 % 2% 12. 2004-12-31 2003-12-31 4,433,337,371 7,929,872,799 803,126,612 291,876,808 5,236,463,983 8,221,749,607 (78,642,796) (71,991,259) 5,157,821,187 8,149,758,348 13. 2004-12-31 2003-12-31 1,342,265,000 928,036,000 1,409,826,600 431,934,000 2,752,091,600 1,359,970,000 (162,933,600) (162,933,600) 2,589,158,000 1,197,036,400 322,764,999 1,729,320,400 28

14. 2004-12-31 2003-12-31 207,691,182 63,330,789 63,330,442 405,051,669-320,000,000 271,021,624 788,382,458 (168,727,246) (172,512,770) 102,294,378 615,869,688 15. 2004-12-31 2003-12-31 7,425,127,590 509,272,138 770,000,000 5,615,307,472 3,465,367,508 1,469,694,522 (29,022,138) (27,511,069) 11,631,472,960 7,566,763,063 10,265,600,000 550,000,000 1,673,650,000 4,405,090,000-1,958,829,991 19,433,174,659 - - 3,370,914,707 13,898,079,991 27,759,179,366 29

16. / 2004-12-31 2003-12-31 38,634,701 123,168,982 7,593,320 4,935,020 46,228,021 128,104,002 912,827,509 1,075,961,718 959,055,530 1,204,065,720 38,634,701 123,334,516 14,730,766 13,337,505 53,365,467 136,672,021 954,502,469-1,007,867,936 136,672,021 954,502,469 10,457,813 16,180,389 30

17. a) : 2004-12-31 2003-12-31 111,128,751,683 122,770,820,253 15,066,711,558 8,599,012,567 126,195,463,241 131,369,832,820 17b (5,111,559,815) (4,174,149,507) 121,083,903,426 127,195,683,313 2004-12-31 2003-12-31 : 51,877,982,355 42,531,684,141 41,315,022,227 37,798,847,936 14,837,304,772 15,533,439,103 1,154,051,709 1,421,772,191 309,694,918 835,646,751 16,701,407,260 33,248,442,698 126,195,463,241 131,369,832,820 4,060,480,000 5,992,500,000 1,958,829,991 22,804,089,366 31

17. b) 2004-12-31 2003-12-31 4,174,149,507 3,239,035,940 ( 5) 2,195,503,121 1,424,011,871 ( 4) (408,617,548) (489,434,561) 6,778,432 536,257 (835,480,598) - (20,773,099) - 17a 5,111,559,815 4,174,149,507 18. 2004-12-31 2003-12-31, / 9,144,900,729 9,716,333,857, / 1,603,317,764 974,896,188, / 19,328,197,139 9,058,155,776, / 1,325,497,001 1,152,116,747 31,401,912,633 20,901,502,568, / 634,198,040 667,505,317 (411,750,820) (356,436,571) 222,447,220 311,068,746 31,624,359,853 21,212,571,314 31,624,359,853 21,212,571,314 10,282,720,000 10,490,000,000 510,400,000 550,000,000 32

18. a) 2004-12-31 2003-12-31 100.00% 523,477,275 556,784,124 3.03% 50,000,000 50,000,000 ( ) 2.03% 9,662,219 9,662,219 0.22% 2,131,494 2,131,494 0.30% 9,650,000 9,650,000 ( ) 0.30% 3,215,000 3,215,000 ( )0.22% 2,519,500 2,519,500 0.06% 187,195 187,195 3.70% 5,220,000 5,220,000 ( ) 0.41% 1,100,000 1,100,000 4.10% 2,500,000 2,500,000 9.30% 2,800,000 2,800,000 ( )0.05% 500,000 500,000 0.91% 1,000,000 1,000,000 0.56% 1,000,000 1,000,000 0.27% 500,000 500,000 0.74% 1,000,000 1,000,000 13.82% 17,735,357 17,735,785 634,198,040 667,505,317 (411,750,820) (356,436,571) 222,447,220 311,068,746 [2002] 006, 50,000,000 100% 33

19. 2004-12-31 2003-12-31 33,895,685 51,714,228 21,740,184 43,163,237 (17,735,332) (444,150) ( 20) (26,107,691) (60,537,630) 11,792,846 33,895,685 16,246,880 16,246,880 (16,246,880) - - 16,246,880 11,792,846 17,648,805 34

20. ( 19) 1,518,168,565 26,486,856 - (83,399,430) 1,461,255,991 237,744,999 9,229,784 - (30,090,065) 216,884,718 498,726,707 97,570,311 2,712,829 (91,776,131) 507,233,716 130,231,993 2,212,205 - (1,368,053) 131,076,145 225,848,872 5,290,140 2,298,155 (4,823,326) 228,613,841 266,132,478 21,395,588 1,764,121 (12,340,085) 276,952,102 384,622,067 46,062,932 19,332,586 (16,746,087) 433,271,498 394,189,158 1,043,068,990 - (2,144,306) 1,435,113,842 3,655,664,839 1,251,316,806 26,107,691 (242,687,483) 4,690,401,853 231,283,283 42,410,795 - (5,931,764) 267,762,314 133,048,245 23,370,669 - (24,500,951) 131,917,963 293,423,939 90,014,307 - (61,289,600) 322,148,646 60,660,271 28,771,028 - (1,368,053) 88,063,246 108,958,070 24,526,677 - (4,145,501) 129,339,246 160,201,311 15,334,000 - - 175,535,311 154,600,829 68,192,435 - (16,408,444) 206,384,820 68,697,440 26,599,876 - (425,703) 94,871,613 1,210,873,388 319,219,787 - (114,070,016) 1,416,023,159 2,444,791,451 3,274,378,694, 1,225,330,949 1,171,655,841 238,541,535 198,488,709 1,016,035,040 1,008,708,187 40 2 30 3.3% 35