2004
2004 2005 3 25
2004...1...2...3...3...5...8...8...9...9...11...19...19...19...20...20...22...22...22...22...23...23...23...23...26
2004 500008 1998 4 28 2,000,000,000 15 1998 5 8 CHINA ASSET MANAGEMENT CO.,LTD. A 33 A 15 100032 010 66069966 010 66102120 http://www.chinaamc.com 1
2004 chinaamc@chinaamc.com ( ) 25 25 100032 010 67597420 010 66212639 http://www.ccb.cn yindong@ccb.cn www.chinaamc.com 568 200120 202 11 200021 166 36 2
2004 2004 2003 2002 376,860,524.23 268,005,678.07-52,454,650.02 0.1884 0.1340-0.0262 312,894,444.71 286,833,030.01-33,774,022.35 0.1564 0.1434-0.0169 2,312,894,444.71 2,582,490,943.75 1,966,225,977.65 1.1564 1.2912 0.9831 15.02% 11.73% -2.51% -1.62% 31.34% -2.63% 137.46% 141.38% 83.78% 1-6.82% 1.44% -1.18% 2.25% -1.62% 2.24% 25.81% 2.00% 66.05% 2.04% 137.46% 2.24% 2 1998 4 28 2004 12 31 3
2004 200.00% 150.00% 100.00% 50.00% 0.00% -50.00% 1998-4-28 1998-10-28 1999-4-28 1999-10-28 2000-4-28 2000-10-28 2001-4-28 2001-10-28 2002-4-28 2002-10-28 2003-4-28 2003-10-28 2004-4-28 2004-10-28 3 35.00% 30.00% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% -5.00% 2002 2003 2004 4 10 2004 1.300 2003 2003-4
2004 2002 0.910 2001 2.210 2004 10 1.41 1998 4 9 13800 2004 12 300 5 50ETF6 3 1998 2002 2003 2004 5
2004 1 2 3 4 5 1 2004 12 31 1.1564 2003-1.62% 15.40% 11.85% 2 2004 4 6
2004 3 2004 4 2005 2004 2005 2005 7
2004 (2005) 536 ( ) 2004 12 31 2004 8
2004 2004 12 31 2004 2005 1 21 2004 12 31 ( ) 2004 2003 12 31 12 31 46,827,218.93 113,751,193.83 706,403.16 457,080.88-84,319,678.68 5 7,444,524.89 6,885,646.86 9
2004 218,378.00 218,378.00 1,676,874,161.16 1,848,754,230.47 1,760,880,502.14 1,552,621,928.10 590,032,986.48 538,339,828.60 596,825,755.03 538,814,217.23 2,322,103,672.62 2,592,726,037.32 2,951,784.92 3,172,089.91 491,964.15 528,681.65 6 4,171,214.73 4,640,057.90 7 1,494,264.11 1,494,264.11 8 100,000.00 400,000.00 9,209,227.91 10,235,093.57 9 2,000,000,000.00 2,000,000,000.00 /( ) 10 (90,799,109.53) 295,657,913.74 /( ) 403,693,554.24 286,833,030.01 2,312,894,444.71 2,582,490,943.75 (2004 1.1564 ) (2003 1.2912 ) 2,322,103,672.62 2,592,726,037.32 2004 ( ) 2004 2003 /( ) 11 391,204,538.44 234,220,323.76 /( ) 12 (11,521,939.84) 33,637,248.33 15,268,088.79 21,895,551.03 1,900,520.29 4,020,560.70 25,338,304.65 16,254,769.73 74,092.16-13 704,788.87 170,411.56 422,968,393.36 310,198,865.11 (37,683,265.84) (34,260,424.72) (6,280,544.24) (5,710,070.85) (946,567.59) (1,727,860.00) 14 (1,197,491.46) (494,831.47) 10
2004 (60,000.00) (60,000.00) (210,000.00) (300,000.00) (100,000.00) (100,000.00) (46,107,869.13) (42,193,187.04) /( ) 376,860,524.23 268,005,678.07 /( ) 10 (386,457,023.27) 348,259,288.03 (9,596,499.04) 616,264,966.10 /( ) 376,860,524.23 268,005,678.07 /( ) 286,833,030.01 18,827,351.94 663,693,554.24 286,833,030.01 15 (260,000,000.00) - /( ) 403,693,554.24 286,833,030.01 2004 ( ) 2004 2003 2,582,490,943.75 1,966,225,977.65 /( ) 376,860,524.23 268,005,678.07 /( ) (386,457,023.27) 348,259,288.03 (9,596,499.04) 616,264,966.10 (260,000,000.00) - 2,312,894,444.71 2,582,490,943.75 1 ( 2004 10 16 ) [1998]17 1998 4 28 15 20 11
2004 (98) 020 1998 5 8 [1998]17 2 3 1 1 1 12 31 2 3 4 12
2004 /( ) 5 6 13
2004 7 1.5% 20% 0.25% 8 1.0000 9 90% 4 [1998]55 [2004]78 1 2 2004 1 1 (2003 2003 ) 3 2004 1 1 (2003 2003 ) 20% 4 0.2% 14
2004 5 2004 12 31 2003 12 31 7,420,886.40 6,857,609.57 23,638.49 28,037.29 6 7,444,524.89 6,885,646.86 2004 12 31 2003 12 31 3,356,977.85 3,692,277.44 178,949.74 205,667.99 173,722.95 272,326.67 123,650.79-102,142.70 181,735.70 235,770.70 288,050.10 7 4,171,214.73 4,640,057.90 2004 12 31 2003 12 31 500,000.00 500,000.00 494,264.11 494,264.11 500,000.00 500,000.00 8 1,494,264.11 1,494,264.11 2004 12 31 2003 12 31 100,000.00 100,000.00-300,000.00 9 100,000.00 400,000.00 2004 12 31 2003 12 31-30,000,000 30,000,000.00 30,000,000 30,000,000.00-15,000,000 15,000,000.00 15,000,000 15,000,000.00 1,955,000,000 1,955,000,000.00 1,955,000,000 1,955,000,000.00 2,000,000,000 2,000,000,000.00 2,000,000,000 2,000,000,000.00 [1998]17 3000 1.5% 10 /( ) 15
2004 /( ) /( ) 2003 12 31 296,132,302.37 (474,388.63) 295,657,913.74 (380,138,643.35) (6,318,379.92) (386,457,023.27) 2004 12 31 (84,006,340.98) (6,792,768.55) (90,799,109.53) 11 2004 2003 3,091,694,931.00 2,000,083,570.62 (2,610,482.17) (1,689,292.35) (2,697,879,910.39) (1,764,173,954.51) 391,204,538.44 234,220,323.76 12 /( ) 2004 2003 1,043,447,298.56 1,094,935,903.90 (13,000,268.54) (11,902,000.31) (1,041,968,969.86) (1,049,396,655.26) /( ) (11,521,939.84) 33,637,248.33 13 2004 2003 291,887.06-203,800.00-106,986.77 161,735.31 55,090.62 3,417.18 47,024.42 5,259.07 14 704,788.87 170,411.56 2004 2003 780,000.00-210,000.00 300,000.00 100,000.00 100,000.00 60,000.00 60,000.00 10,026.93 14,535.70 37,464.53 20,295.77 15 1,197,491.46 494,831.47 2004 3 30 2004 4 5 2003 260,000,000.00 (2003 ) 10 1.30 2004 4 9 16
2004 16 1 ( ) ( ) ( ) ( ) 2 2004 1,144,379,340.59 19.24% 25,605,100.00 3.33% 334,000,000.00 16.50% 934,793.25 19.50% 460,048,808.30 7.73% - - - - 359,993.58 7.51% 413,927,964.94 6.96% 10,042,544.30 1.31% 190,000,000.00 9.39% 337,468.01 7.04% 265,028,496.65 4.46% 62,599,219.00 8.14% 240,000,000.00 11.86% 214,284.92 4.47% 2,283,384,610.48 38.39% 98,246,863.30 12.78% 764,000,000.00 37.75% 1,846,539.76 38.52% 2003 822,661,541.95 19.05% 68,150,011.10 3.98% - - 674,208.20 19.42% 590,304,609.72 13.67% 58,844,237.90 3.44% - - 483,803.18 13.93% 161,083,945.10 3.73% 1,106,332.00 0.06% - - 126,050.52 3.63% 1,574,050,096.77 36.45% 128,100,581.00 7.48% - - 1,284,061.90 36.98% 3 17
2004 1.5% X 1.5% / 37,683,265.84 (2003 34,260,424.72 ) 4 0.25% 0.25% / ) 6,280,544.24 (2003 5,710,070.85 5 2004 12 31 46,827,218.93 (2003 113,751,193.83 ) 1,900,517.06 (2003 3,942,210.02 ) 6 2004 2003 109,461,000.00-7 2004 12 31 2003 12 31 30,000,000 34,692,000.00 30,000,000 38,736,000.00 7,500,000 8,673,000.00 7,500,000 9,684,000.00 7,500,000 8,673,000.00 7,500,000 9,684,000.00 45,000,000 52,038,000.00 45,000,000 58,104,000.00 18
2004 1,676,874,161.16 72.21% 590,032,986.48 25.41% 46,827,218.93 2.02% 8,369,306.05 0.36% 2,322,103,672.62 100.00% 1 2 221,165,700.00 9.56% 3 504,227,852.88 21.80% 94,618,140.36 4.09% 113,153,624.00 4.89% 236,001,681.24 10.20% 25,068,462.88 1.08% 35,385,944.40 1.53% 4 246,045,433.41 10.64% 5 6 301,723,594.52 13.05% 7 8 2,013,200.00 0.09% 9 217,997,320.00 9.43% 10 183,701,060.35 7.94% 11 12 13 1,676,874,161.16 72.50% 19
2004 1 600028 50,610,000 221,165,700.00 9.56% 2 600036 26,014,000 217,997,320.00 9.43% 3 000002 31,120,441 163,382,315.25 7.06% 4 600011 19,849,090 143,310,429.80 6.20% 5 600009 7,956,544 120,939,468.80 5.23% 6 600688 21,630,000 109,880,400.00 4.75% 7 600019 18,001,000 108,546,030.00 4.69% 8 600029 19,875,921 103,752,307.62 4.49% 9 000027 13,054,003 102,735,003.61 4.44% 10 000630 16,975,501 91,667,705.40 3.96% 11 000726 8,593,500 81,724,185.00 3.53% 12 600026 7,940,700 72,736,812.00 3.14% 13 600267 3,270,420 35,385,944.40 1.53% 14 000898 3,915,000 22,002,300.00 0.95% 15 000024 2,598,305 20,318,745.10 0.88% 16 600177 2,442,037 12,893,955.36 0.56% 17 600362 2,099,949 11,927,710.32 0.52% 18 000651 1,195,000 11,854,400.00 0.51% 19 002005 781,528 10,683,487.76 0.46% 20 600386 433,839 4,295,006.10 0.19% 21 600960 286,791 2,386,101.12 0.10% 22 000830 375,900 2,014,824.00 0.09% 23 600827 280,000 2,013,200.00 0.09% 24 000970 298,224 1,857,935.52 0.08% 25 600470 220,000 1,258,400.00 0.05% 26 600592 24,200 144,474.00 0.01% 1 2 ( ) 1 600019 382,374,560.74 14.81% 2 600028 299,597,361.00 11.60% 3 600011 214,429,897.02 8.30% 4 000002 141,280,177.57 5.47% 5 600688 136,012,741.25 5.27% 20
2004 6 600009 126,926,529.49 4.91% 7 600029 124,186,882.57 4.81% 8 000630 110,515,806.51 4.28% 9 000027 106,032,738.28 4.11% 10 000651 99,090,730.62 3.84% 11 600000 98,277,036.71 3.81% 12 000726 94,549,793.48 3.66% 13 600026 78,255,336.22 3.03% 14 600050 64,177,053.00 2.49% 15 000949 53,816,465.67 2.08% 16 600188 53,578,896.87 2.07% 17 000898 48,979,017.49 1.90% 18 600020 46,733,307.46 1.81% 19 600267 41,890,003.11 1.62% 20 000763 41,879,087.23 1.62% ( ) 1 600050 307,175,780.37 11.89% 2 600019 294,095,229.63 11.39% 3 600011 271,442,296.56 10.51% 4 600188 172,272,809.40 6.67% 5 600029 168,516,221.72 6.53% 6 600026 152,340,426.84 5.90% 7 600028 121,405,195.26 4.70% 8 000651 96,938,842.84 3.75% 9 600000 87,878,929.45 3.40% 10 600348 83,611,732.48 3.24% 11 600020 75,956,638.09 2.94% 12 000983 74,716,770.64 2.89% 13 000949 53,889,871.13 2.09% 14 600642 52,767,946.86 2.04% 15 600591 48,903,345.66 1.89% 16 000763 46,929,401.97 1.82% 17 600508 43,631,455.33 1.69% 18 600350 39,238,469.17 1.52% 19 000027 36,651,235.89 1.42% 20 600307 32,551,789.52 1.26% 2 2,906,138,484.43 3,091,694,931.00 21
2004 1 225,445,621.20 9.75% 2 259,876,000.00 11.24% 3 4 5 104,711,365.28 4.53% 590,032,986.48 25.51% 1 04 10 190,000,000.00 8.21% 2 20 4 96,235,004.40 4.16% 3 81,690,985.20 3.53% 4 02 14 73,740,940.80 3.19% 5 04 3 50,585,676.00 2.19% 1 2 3 706,403.16 7,444,524.89 218,378.00 8,369,306.05 4 2004 12 31 22
2004 141,640 14,120 858,657,769 42.93% 1,141,342,231 57.07% 2,000,000,000 100.00% 1 190,367,439 9.52% 2 145,130,478 7.26% 3 142,782,596 7.14% 4 100,625,447 5.03% 5 45,694,137 2.28% 6 30,000,000 1.50% 7 23,552,492 1.18% 8 16,358,900 0.82% 9 14,875,284 0.74% 10 12,180,000 0.61% 2004 9 17 23
2004 2004 6 16 2004 12 31 1 2 3 4 5 1 2004 1 1 12 31 1 2 1,144,379,340.59 19.24% 934,793.25 19.50% 2 1 1,090,291,967.07 18.33% 887,373.56 18.51% 3 1 844,992,585.72 14.20% 688,536.56 14.37% 4 1 721,766,968.18 12.13% 564,788.84 11.78% 5 2 474,119,798.39 7.97% 373,555.39 7.79% 24
2004 6 1 460,048,808.30 7.73% 359,993.58 7.51% 7 1 442,161,285.54 7.43% 360,039.19 7.51% 8 1 413,927,964.94 6.96% 337,468.01 7.04% 9 1 265,028,496.65 4.46% 214,284.92 4.47% 10 1 64,023,140.49 1.08% 50,100.26 1.05% 11 1 27,866,619.50 0.47% 21,805.79 0.45% 12 1 13 1 15 5,948,606,975.37 100.00% 4,792,739.35 100.00% 2004 1 1 12 31 1 312,782,265.10 40.69% 350,000,000.00 17.29% 2 211,392,459.10 27.50% 220,000,000.00 10.87% 3 101,887,646.70 13.25% 150,000,000.00 7.41% 4 62,599,219.00 8.14% 240,000,000.00 11.86% 5 25,605,100.00 3.33% 334,000,000.00 16.50% 6 24,356,144.50 3.17% 540,000,000.00 26.68% 7 20,097,469.20 2.61% 8 10,042,544.30 1.31% 190,000,000.00 9.39% 768,762,847.90 100.00% 2,024,000,000.00 100.00% 2004 3 30 2004 4 5 100 13.00 100,000.00 6 1 2004 10 16 2 2004 9 16 3 2004 6 16 25
2004 4 2004 2 27 www.chinaamc.com 1 2 3 4 5 6 / / 26