1、 1:Shanghai Lian Hua Fibre Corporation(LH FIBRE)2:3:021-59534839-116 021-59528713 021-59528433 E-Mail lh-zblh-fibre com4:62:4290:201800 http:/www.lh-E-Mail 5 http:/6:B:600617 9009131 2000 6,492,483.73 6,192,170.82 6,266,934.02 26,335,215.56 1,111,397.48 6,090,200.31 477,046.021 0-74,763.20 20,225,30
2、4.30-5,959,909.00 16,186.00 30,287.00 60,662.20 74,763.20 619.2 510.40 108.82 619.2(84.7)(24.1)510.42()2000 1999 1998 41,430.44 27,825.45 24,567.48 24,567.48 619.22 524.99 53.17 53.17 53,244.37 52,408.35 50,963.90 50,978.68 28,364.15 28,179.64 27,981.66 27,996.38/0.037 0.0314 0.0032 0.0032 0.037 0.0
3、314 0.0032 0.0032 0.0375 0.03 0.003 0.003 1.70 1.69 1.67 1.67 1.60 1.60 1.58 1.58 0.12 0.19 0.17 0.17%2.18 1.86 0.19 0.19=/=/=2/=/=/100%3 9%=ROE ROE=P EO+NP 2+Ei Mi MO-Ej Mj MO P NP EO Ei Ej MO Mi Mj EPS EPS=P SO+S1+Si Mi MO-Sj Mj MO P SO S1 Si Sj MO Mi Mj 4 167,194,800 57,835,729.14 28,162,284.91 6
4、,635,829.27 28,603,588.06 281,796,402.11 0.00 0.00 866,981.32 288,993.78 5,325,189.50 6,192,170.82 0.00 0.00 0 4,347,064.80 4,347,064.80 167,194,800 57,835,729.14 29,029,266.23 6,924,823.00 29,581,712.76 283,641,508.13 10%5%3 1(+,-)66,636,360 0 66,636,360 28,558,440 0 28,558,440 27,000,000 0 27,000,
5、000 122,194,800 0 122,194,800 9,000,000 0 9,000,000 36,000,000 0 36,000,000 45,000,000 0 45,000,000 167,194,800 0 167,194,800 2 1994 3 2 1 8,022 A 6,232,B 1,790 2()()28,558,440 17.08()24,870,960 14.88 15,989,220 9.56 12,309,480 7.364 11,949,480 7.15 11,207,880 6.70()5,641,740 3.37()1,674,000 1.00 1,
6、440,000 0.86 B 753,000 0.45:200 1710:(),:643,()19,038,960 14,279,220 9,519,480 9,519,480 9,519,480(3)2000 4 19 1999 2000 6 14 91 119,171,409,71.30%(B 38 2,064,956,1.23%)1999 2000 1999(347 10 0.20)2000 6 16 1(1)(2)2000 14165 17217 1416 4.145()649.25,619.22 2000 2000 1 PTA EG FDY 2000 ISO9002 40 14000
7、 2500 80%15 480”,60%6 10 450 2000 53.97,90%45.82 2 2000 1999 532,443.670.41 524,083,474.94+1.60%37,865,335.00-100%283,641,508.13 281,796,402.11+0.65%26,335,215.56 20,202,789.22+30.35%6,192,170.82 5,249,908.20+17.95%3 4 WTO WTO 5 7000/WTO WTO 6 7 2000 4 17 11 10 1999 1999 1999 2000 1999 1999(347 10 0
8、.20)1999 2000 6 14 2000 4 19 2000 6 14 11 9 1 2 2000 6 16 2000 7 21 11 10 2000 2000 2000 2000 2000 7 22(2)()1999 1999 10 0.20 2000 8 7/57 99.6.15-02.6.14 0 0 60 99.6.15-02.6.14 0 0 44 99.6.15-02.6.14 0 0 51 99.6.15-02.6.14 0 0 70 99.6.15-02.6.14 0 0 53 99.6.15-02.6.14 0 0 35 99.6.15-02.6.14 0 0 53 9
9、9.6.15-02.6.14 1000 0 Rocky Lin 60 99.6.15-02.6.14 0 0 64 99.6.15-02.6.14 0 0 54 99.6.15-02.6.14 0 0 8 50 99.6.15-02.6.14 0 0 48 99.6.15-02.6.14 0 0 55 99.6.15-02.6.14 0 0 43 99.6.15-02.6.14 0 0 49 99.6.15-02.6.14 0 0 99.6.15-02.6.14 0 0 51 99.6.15-02.6.14 0 0 48 99.6.15-02.6.14 0 0 51 99.6.15-02.6.
10、14 0 0 35 99.6.15-02.6.14 0 0 53 00.6.15-02.6.14 0 0 60 99.6.15-02.6.14 5500 0 59 99.6.15-02.6.14 1000 0 Rocky Lin 60 3.6 1 4-6 4 1-4 4 2000 12 31 603 508 30 14 6 22 23,6 33 25 47 8 2001 2860.36 2000 619.22 10%57.80 5%28.90 3392.88 12.609 2000 510.40 10%57.80 5%28.90 436.30 436.30 10 0.26 2001 2001
11、2001 20-40%2001 20%9 2000 4 14 11 11 1999 2000 7 21 11 11 2000 2000 7 22 2 2000 10 1 1999 12 23 2000 11 13 2000 12 2 2 3 4 5 6 7 8 9 2000 7 5:62 10 2001 3 31 1,000)(7139610)(7139610)9,519,480 2001 1 10 2001 1 12 2001 2 7 2001 3 23 11 511 2001 4 20 1(2001)2000 12 31 2000,2000 12 31 2000,2 3 4 800 480
12、 60 500 450 90 42,462.65 23,302.31 31,842,227.13 25,735,635.02 34,798.23 8.28 288,104.99 14,811.73 8.28 122,612.90 6,467.11 1.07 6,888.12 6,565.73 1.06 6,963.61 47,442.27 4.26 202,336.54 363.79 3.99 1,450.98 32,339,556.78 25,866,662.51 1,490,672.69 2,022,853.11 33,872,692.12 27,912,817.93 23,960.00
13、36,280.00 50,000.00 123,750.00 40,000.00 82,360.00 4,600.00 5,050.005 6,000.00 16,000.00 8,430.00 10,980.00 3,860.00 8,110.00 4,680.00 7,200.00 11,960.00 10,200.00 9,800.00 7,840.00 12,540.00 5,480.00 8,160.00 6,800.00 129,800.00 187,880.00 71,060.00 91,460.00 16,000.00 30,750.00 23,960.00 59,700.00
14、 14,980.00 20,690.00 9,980.00 21,020.00 12,740.00 24,120.00 11,500.00 13,760.00 11,280.00 11,280.00 18,200.00 18,200.00 7,090.00 7,090.00 6,180.00 6,180.00 6,580.00 6,580.00 14,990.00 14,990.00 14,800.00 14,800.00 18,900.00 18,900.00 21,000.00 21,000.00 16,880.00 16,880.00 155,050.00 226,630.00 465,
15、920.00 667,640.00 6,543,040.14 88.22 19,629.12 3,626,657,23 57.54 10,879.97 586,857.78 7.91 29,342.89 2,056,358.57 32.62 102,817.93 18,886.80 0.25 1,133.21 530,486.27 8.42 31,829.18 230,940.06 3.11 18,475.20 14,886.80 0.24 1,190.94 36,324.56 0.51 3,632.46 74,307.85 1.18 7,430.79 7,416,049.34 100 72,
16、212.88 6,302,696.72 100 154,148.81 1,725,489.43 1,205,317.18 6 533,294.48 419,920.00 395,008.11 3,647,334.07 62.93 10,942.00 4,786,115.19 57.95 14,358.35 1,397,894.96 24.12 69,894.75 1,724,214.72 20.88 86,210.74 55,897.39 0.96 3,353.84 1,004,332.11 12.16 60,259.93 127,500.00 2.20 10,200.00 49,934.75
17、 0.60 3,994.78 127,500.00 1.54 12,750.00 567,457.09 9.79 113,491.42 567,457.09 6.87 113,491.42 5,796,083.51 100 207,882.01 8,259,553.86 100 291,065.22 3,700,000.00 1,561,289.20 577,320.05 200,000.00 150,000.00 13,573,490,28 10,620,000.00 5,239,256.53 3,566,384.97 2,949,948.86 7 2000.9.302000.12.27 2
18、001.1.82001.3.27 262,930.50 2000.9.182000.11.30 2001.3.12001.4.30 250,000.00 2000.7.272000.12.29 2001.1.282001.4.10 299,611.19 2000.12.14 2001.6.14 250,000.00 2000.10.26 2001.3.26 1,200,000.00 2000.11.23 2001.1.23 1,687,847.15 2000.9.18 2001.1.26 500,000.00 2000.9.17 2001.2.17 500,000.00 4,950,388.8
19、4 653,395.68 772,412.27 24,839,460.49 18,635,875.29 9,973,842.29 7,460,773.14 25,491,523.40 815,121.05 33,377,883.90 1,165,703.33 127,929,997.68 132,928,328.70 188,888,219.54 815,121.05 193,175,273.30 1,165,703.33 166,503.06 861,053.25 938,919.57 88,636.74 377,306.05 517,225.72 894,531.77-543,809.11
20、 1,378,278.97 1,833,451.34 88,636.74 382,343.46 30,745.28 8 60,673,570.86 1,239,287.58 61,912,858.44 306,134,567.82 8,137,271.45 941,120.69 313,330,718.58 4,054,651.38 234,740.41 43,930.00 4,245,461.79 4,083,522.34 543,833.30 621,677.35 4,005,678.29 374,946,312.40 10,155,132.74 1,606,728.04 383,494,
21、717.10 18,889,197.24 2,730,843.88 21,620,041.12 112,302,111.90 15,275,820.08 373,273.48 127,204,658.50 1,614,872.53 289,120.74 27,999.90 1,875,993.37 3,256,484.97 133,248.08 484,644.61 2,905,088.44 136,062,666.64 18,429,032.78 885,917.99 153,605,781.43 238,883,645.76 229,888,935.67 3,700,000.00 3,70
22、0,000.00 4,316,137.15 3,306,137.15 1,010,000.00 37,200.00 3,088,000.00 85,000.00 37,200.00 3,003,000.00 900,000.00 900,000.00 970,200.00 6,425,699.61 6,249,986.25 1,145,913.36 4,707,400.00 14,729,836.76 9,641,123.40 3,737,200.00 6,058,913.36 79,142.01 46,464.80 32,677.21 1,169,430.53 1,169,430.53 1,
23、248,572.54 46,464.80 1,202,107.74 5,908,636.28 581,478.96 5,327,157.32 6,942,548.80 1,490,967.81 8,433,516.61 12,851,185.08 1,490,967.81 581,478.96 13,760,673.93 81,460,000.00 94,000,000.00 12,418,950.00 37,864,195.009 USD950,000.00 8.2781 7,864,195.00 48,717,670.01 42,461,806.49 6,397,000.00 14,418
24、,220.00 15,768,293.50 7,195,171.51 13,940,673.57 10,856,869.77 38,483.68 646,953.18 4,347,064.80 5,032,501.66 372,111.94-3,428,105.43 125.00 125.00 202,718.76 314,680.2610 39,963.03 36,180.78-614,918.73-3,077,119.39 4,125.00 6,985.00 50,000.00 54,125.00 6,985.00 95,194,800.00 95,194,800.00 66,636,36
25、0.00 66,636,360.00 28,558,440.00 28,558,440.00 27,000,000.00 27,000,000.00 122,194,800.00 122,194,800.00 9,000,000.00 9,000,000.00 36,000,000.00 36,000,000.00 45,000,000.00 45,000,000.00 167,194,800.00 167,194,800.00 58,075,124.33 58,075,124.33-239,395.19-239,395.19 57,835,729.14 57,835,729.14 21,35
26、9,555.69 577,987.54 21,937,543.23 6,635,829.22 288,993.78 6,924,823.00 166,900.00 166,900.00 28,162,284.91 866,981.32 29,029,266.23 6,192,170.82 28,603,588.06 34,795,758.88 577,987.54 288,993.7811 4,347,064.80 29,581,712.76 6,410,555.20 8,750,518.27 230,461.85 265,281.19 149,745.57 40,297.26 97,370.
27、57 160,212.71 6,427,209.49 8,685,747.05 360,487.27 18,745.33 341,741.94 68,501.23 66,566.60 1,934.63 4,858,359.10 4,229,197.86 629,161.24 66,752,496.64 66,620,576.77 131,919.87 30,000.00 23,360.20 6,639.80 72,069,844.24 70,958,446.76 1,111,397.48 6,762.25 470,284.37 477,046.62 16,186.00 40,795.64 56
28、,981.64 30,287.00 101,457.84 131,744.8412()()1 5,367,500.16 86.07 16,102.50 3,206,737.23 54.51 9,620.211 2 586,857.78 9.41 29,342.89 2,056,358.57 34.96 102,817.932 3 14,886.80 0.24 893.21 530,486.27 9.02 31,829.183 230,940.06 3.70 18,475.20 14,886.80 0.25 1,190.944 5 36,324.56 0.58 3,632.46 74,307.8
29、5 1.26 7,430.79 6,236,509.36 100 68,446.26 5,882,776.72 100 152,889.05 1,725,489.43 1,205,317.18 533,294.48 395,008.11 231,919.72(2)A.45,718,734.77 66,052.16 1,914,436.76 43,870,350.17B.1995.12.21-2005.8.204,500,000.00 90 66,052.16 532,078.38 1994.12.24-2009.10.2340,992,103.74 60-1,914,436.76-1,914,
30、436.76-239,395.19 45,492,103.74-1,848,384.60-1,382,358.38-239,395.19(3)6,762.25 457,767.32-1,502,031.45-1,037,501.88 230,993,497.48 281,017,973.27 213,519,505.98 260,465,586.69 17,473,991.50 20,552,386.58 68,041,210.29 144,029,083.38 65,300,671.20 138,183,638.02 2,740,539.09 5,845,445.36-20,780,195.
31、32-10,835,295.13-20,780,195.32-10,835,295.13 278,254,512.45 414,211,761.52 258,039,981.86 387,813,929.58 20,214,530.59 26,397,831.94()113 2 800 0 0 800 500 0 0 500 3 480 60 480 60 450 90 450 90 1000 5.3625 8 2000.2.292001.2.28 200 5.3625 280 2000.8.192001.5.26 200 5.115 6 2000.12.112001.6.8 1.2001 3
32、 13 2001 2.1999 12 23 2000 11 13 2000 12 2 3.2001 a.2001 1 8 14 1000 5.98%2001 1 10 2001 3 23 b.2001 1 11 15989220 14279220 8.54%7139610 7139610 2001 1 12 c.2001 2 5 9519480 5.69%2001 2 7 “”The statutory financial statements for the year ended December 31,2000 reported profit after tax as RMB 6,192,
33、171.The principal IAS adjustments made for profit after tax is as follows:Profit after tax(RMB000)As reported under PRC GAAP 6,192 Adjustments to conform with IAS:Revaluation differences arising from translation of monetary assets and liabilities and fixed assets denominated in foreign currencies-Ad
34、justment for under-provision of depreciation(847)Adjustment for over-capitalisation of interest expenses-Elimination of intra-group interest-Utilization of staff welfare fee-Dividends of Year 2000-Others(241)As reported under IAS 5,104 Net assets per share(RMB0)1.70 1.69 1.67 1.67 operating activiti
35、es(RMB0)0.12 0.19 0.17 0.17 Net assets earnings(%)2.18 1.86 0.19 0.19 Profit from main business the non-recurring gains and loss Note:Calculation formula for financial indexes:Earnings per share(deluted)=Net profit/Total number of ordinary shares at the end of the year Net assets per share=Sharehold
36、ers equity at the end of the year/Total number of ordinary shares at the end of the year Net cash flows per share arising from operating activities=Net cash flows arising from operating activities/Total number of ordinary shares at the end the year Net asset-income ratio(diluted)=Net profit/Sharehol
37、ders equity at the end of the year Weighted average net assets-income ratio=Profit as of the report period/Net assets at the beginning of the report period+Net profit as of the report period/2+Increased assets due to issue of new share or share transformed from bond in the report period Weighted ave
38、rage earnings per share(EPS)=Profit as of the report period/Total number of shares at the beginning of the report period+Number of increased shares due to public reserve transferring into share capital or distribution of dividend in Chen Su Xing 753,000 0.45 The 1999 general meeting of the sharehold
39、ers of the company was held on June 14,2000 at the companys meeting room.91 shareholders with 119,171,409 shares attended the meeting accounting for 71.30%of the total share capitals,among them 38 were B-share holders,representing 2,064,956 shares making up 1.23%of the total share capitals.The resol
40、utions were passed as follows:the work report of the Board of Directors for year 1999,the work report of the Board of Supervisors for year 1999,the business report,the final accounts for year 1999 and annual budgets for 2000,the profit distribution plan of 1999(RMB 0.20in cash for every 10 shares)an
41、d retaining Shanghai Certified Public Accountants and Deloitte Touche Tohmatsu Shanghai CPA as the Companys auditors.The notice of holding the 1999 shareholdersmeeting and the announcement of the resolutions of the meeting were respectively publicized on April 19,2000 and on June 16,2000 on Shanghai
42、 Securities News and Hong Kong Wen Hui Po.The company is a chemical fiber manufacturer starting from pe chips-making to fabrics with a good reputation for its quality products and satisfactory service.Operations review The main business of the company is involved in manufacture,process and sales of
43、pe chips,pe filaments and fabrics.The turnover of the company in 2000 reached RMB 414 millions on the main business.Major work in the reporting year as under 1.Timely regulated the product mix,seized the opportunity in the market With the approach of Jan.2000,the prices of raw materials such as PTA,
44、EG and chips went up by a big margin both on domestic and foreign markets.To reduce the negative effects caused by the price rise,our company constantly regulated its product mix in response to the change in market.In addition to expanding the production of special filaments,it successively produced
45、 and put on the market over ten non-conventional products,which were in great demand,such as FDY;velvet,Xue Rong satin and spandex fabric.Due emphasis was laid on conventional varieties as well as those for special use,civil use and military use,our company not only attracted its old users,but also
46、won over more than ten new users.Some products were in such great demand that supply sometimes fell short.Our company effectively withstood market risk and reduced the unfavorable impact brought about by the growing price of raw materials,the increase in cost and a decline in benefits.2.Devoted majo
47、r efforts to developing new products,bringing about possibilities of the growth of our business Following the Spring Festival,our company held a meeting on the subject of looking for new knowledge,qualified personnels and new systems and of innovating in technology and products.For the purpose of fu
48、rther developing new products and increasing the scientific content in products,our company reviewed the past,looked reality in the face and had its eyes on the future.While affirming its successful experience of seeking survival through new product development,it laid down a new policy:New ideas we
49、re to be pursued,new products developed and market found to make profits,struggle for existence and find a way out.Based on this,our company drew up a target plan for new product development in 2000,with tasks clearly set a nd responsibilities assigned,which created favorable conditions for the incr
50、ease in economic benefits.3.Tightened quality control and improved the ability to struggle for existence To further improve product quality and foster a rational concept that a struggle for existence should be based on good quality and that users benefits should be valued above all else,our company
