TIANJIN DEV 00882·

Gross margin ------------------------------------------------------------28.67%--27.27%1.40%30.26%2.99%29.38%0.87%29.35%0.04% Net margin ------------------------------------------------------------16.75%--13.61%3.14%29.43%15.82%23.85%5.58%23.63%0.22% ROE ------------------------------------------------------------3.65%--2.98%0.67%5.07%2.09%4.35%0.72%3.29%1.07% ROA ------------------------------------------------------------2.53%--2.37%0.16%4.41%2.04%3.61%0.80%3.32%0.29% Revenue growth ----------------------------------------------------------------14.32%---8.59%22.91%2.83%11.42%-7.20%10.03% Attributable profit growth -----------------------------------------------------------------16.81%--80.04%96.85%-11.89%91.93%-23.84%11.95% Debt-to-assets ------------------------------------------------------------23.80%--22.74%1.05%21.44%1.30%21.35%0.09%21.23%0.12% Current ratio ------------------------------------------------------------2.02--3.241.223.770.532.331.432.990.65 Operating cash flow / net profit -------------------------------------------------------------0.67--0.391.06-0.300.69-0.900.610.060.96 Operating cash flow / revenue -------------------------------------------------------------11.18%--5.35%16.54%-8.71%14.06%-21.53%12.82%1.46%22.99%

Gross margin 31.88%--30.08%1.80% Net margin 35.78%--24.41%11.37% Revenue growth -----3.53%-- Attributable profit growth -----5.58%-- Debt-to-assets ----20.76%-- Current ratio ----3.05--

Revenue ------------------------------------------------------------2.90B--3.31B14.32%3.03B8.59%3.11B2.83%2.89B7.20% Other income and gains ------------------------------------------------------------249.72M--295.48M18.32%262.61M11.13%270.28M2.92%490.21M81.38% Gross profit ------------------------------------------------------------830.16M--902.63M8.73%915.40M1.41%914.10M0.14%847.22M7.32% Selling and distribution expenses ------------------------------------------------------------361.10M--366.56M1.51%337.11M8.03%416.24M23.47%385.00M7.50% Administrative expenses ------------------------------------------------------------456.97M--395.68M13.41%371.12M6.21%396.83M6.93%410.73M3.50% Net finance costs ------------------------------------------------------------40.04M--73.69M84.03%97.28M32.02%111.80M14.92%86.00M23.08% Income tax ------------------------------------------------------------34.11M--44.56M30.66%90.61M103.32%78.52M13.34%68.84M12.33% Operating profit ------------------------------------------------------------142.52M--160.38M12.53%577.70M260.22%544.06M5.82%438.34M19.43% Share of associates and JVs ------------------------------------------------------------454.30M--408.22M10.14%500.59M22.63%388.17M22.46%398.53M2.67% Profit before tax ------------------------------------------------------------556.78M--494.91M11.11%981.00M98.22%820.43M16.37%750.87M8.48% Net profit ------------------------------------------------------------484.81M--450.35M7.11%890.39M97.71%741.91M16.68%682.03M8.07% Net profit attributable to owners ------------------------------------------------------------384.58M--319.94M16.81%576.02M80.04%507.53M11.89%386.53M23.84%

Revenue 1.72B--1.66B3.53% Other income and gains 474.91M--91.61M80.71% Cost of sales 1.17B--1.16B0.97% Gross profit 547.90M--498.68M8.98% Selling and distribution expenses 249.78M--184.56M26.11% Administrative expenses 211.82M--209.50M1.10% Net finance costs 49.26M--40.39M18.02% Income tax 76.50M--52.52M31.35% Share of associates and JVs 249.28M--292.47M17.33% Profit before tax 691.50M--457.30M33.87% Net profit 615.00M--404.78M34.18% Net profit attributable to owners 344.45M--325.22M5.58%

Cash and cash equivalents ------------------------------------------------------------3.27B--3.27B0.04%4.04B23.61%3.27B19.02%2.54B22.44% Trade and bills receivables ------------------------------------------------------------918.84M--1.23B33.38%1.26B2.79%1.30B3.05%1.30B0.14% Inventories ------------------------------------------------------------363.29M--303.95M16.33%288.80M4.98%282.18M2.29%310.98M10.20% Total current assets ------------------------------------------------------------8.79B--8.98B2.18%9.66B7.53%9.72B0.59%8.13B16.30% Total assets ------------------------------------------------------------19.18B--19.00B0.95%20.20B6.35%20.55B1.73%20.55B0.01% Total current liabilities ------------------------------------------------------------4.36B--2.77B36.40%2.56B7.55%4.16B62.40%2.72B34.61% Total liabilities ------------------------------------------------------------4.56B--4.32B5.33%4.33B0.25%4.39B1.29%4.36B0.57% Equity attributable to owners ------------------------------------------------------------10.55B--10.73B1.78%11.36B5.83%11.66B2.66%11.77B0.89% Total equity ------------------------------------------------------------14.62B--14.68B0.41%15.87B8.14%16.16B1.85%16.19B0.14%

Cash and cash equivalents ----3.38B-- Trade and bills receivables ----1.56B-- Inventories ----397.28M-- Total current assets ----9.45B-- Total assets ----23.37B-- Total current liabilities ----3.10B-- Total liabilities ----4.85B-- Equity attributable to owners ----13.59B-- Total equity ----18.52B--

Net cash from operating activities -------------------------------------------------------------323.75M--177.16M154.72%-263.52M248.75%-669.72M154.14%42.26M106.31% Net cash from investing activities ------------------------------------------------------------63.83M--554.60M768.93%928.93M67.50%21.81M97.65%-552.40M2632.44% Net cash from financing activities -------------------------------------------------------------129.10M---770.51M496.83%93.49M112.13%-134.99M244.39%-250.03M85.21% Net change in cash -------------------------------------------------------------389.03M---38.76M90.04%758.90M2058.13%-782.90M203.16%-760.17M2.90%