1、-2-3-4-8-13-17-18-35-37-42-108 1 SHENZHEN SED INDUSTRY CO.,LTD.1 15 17 0755-86316073 0755 86316006 1 15 17 518057:A 000032 2008 11 18 440301103356497 440301192251743 440301192251743:19225174-3 8 A 9 2:103,431,277.16 106,963,908.36 73,247,575.64*67,903,874.67-75,745,388.15*2008:2008 3,897,028.35 911,
2、481.36 200,000.00 3,190,077.37-1,725,878.51 6,472,708.57 397,263.22 731,744.38 5,343,700.97:2006 2008 2007 1,703,088,709.26 1,911,485,236.34-10.90%1,694,515,131.23 1,707,558,066.13 106,963,908.36 110,300,596.03-3.03%77,110,936.40 77,110,936.40 73,247,575.64 87,161,646.14-15.96%41,318,145.75 41,809,0
3、09.07 67,903,874.67 75,649,485.54-10.24%37,014,009.52 40,588,570.72-75,745,388.15 520,998,314.38 596,743,702.53-89,828,007.55-89,828,007.552006 2008 2007 1,360,245,228.69 1,834,723,552.09-25.86%1,375,610,308.01 1,429,645,167.53 751,567,608.19 782,551,333.79-3.96%619,701,941.90 660,926,658.97 3.23 4.
4、03-19.97%3.19 3.41 3:2008 2007 2006 0.315 0.374-15.96%0.213 0.215 0.315 0.374-15.96%0.213 0.215 0.292 0.325-10.24%0.191 0.209 9.75%11.14%1.39 6.67%6.33%9.07%11.92%2.85 6.79%6.69%9.03%9.67%0.64 5.97%6.14%8.41%10.35%1.94 6.10%6.50%-0.33 2.68-112.31%-0.46-0.46*10 2 194,053,600 232,864,320+-79,696,30441
5、.07%13,998,634-9,703,1334,295,501 83,991,80536.07%1 2 79,658,22141.05%13,991,108-9,702,6804,288,42883,946,64936.05%3 38,0830.02%7,526-453 7,073 45,1560.02%38,0830.02%7,526-453 7,073 45,1560.02%4 114,357,296 58.93%24,812,086 9,703,13334,515,219148,872,51563.93%1 114,357,29658.93%24,812,0869,703,13334
6、,515,219148,872,51563.93%2 3 4 194,053,600100%38,810,720 038,810,720232,864,320100%4 2008 6 27 2007 10 2 1.2 194,053,600 232,864,320 79,658,221 9,702,680 13,991,10883,946,649 1 2 2007-2-72008-2-72009-2-7 24,453-4,891 29,344 1 3 12,276-2,455 14,731 1 3 901-180 1,081 1 3 79,695,851 9,702,68013,998,634
7、83,991,805 1 2 2006 2 7 3 2008 12 31 30735 10 42.23%98,349,865 83,946,649 0 4.04%9,415,142 0 0 0.89%2,070,000 0 0.26%604,250 0 0.21%490,000 0 0.21%485,700 0 0.21%480,000 0 0.20%460,984 0 0.18%411,000 0 0.18%408,700 0 5 10 14,403,216 9,415,142 2,070,000 604,250 490,000 485,700 480,000 460,984 411,000
8、 408,700 100 100 42.23 1 1985 5 24 36,000 6 B214-0071 2 1989 5 26 793022.2 45 2007.7 2010.7 0 0-55 2007.7 2010.7 0 0-54 2007.7 2010.7 0 0-59 2007.7 2010.7 0 0-55 2007.7 2010.7 32604 39125 43 2007.7 2010.7 0 0-67 2007.7 2010.7 0 0-43 2008.10 2010.7 0 0-42 2007.7 2010.7 0 0-7 51 2007.7 2010.7 0 0-51 2
9、007.7 2010.7 1201 1441 40 2007.7 2010.7 0 0-42 2007.7 2010.7 0 0-44 2007.7 2010.7 0 0-55 2007.10 2010.7 16368 19641 42 2007.10 2010.7 0 0-59 2007.10 2010.7 0 0-46 2007.10 2010.7 0 0-44 2007.10 2010.7 0 0-43 2007.10 2010.70 0-1 2 2003 3 2005 4 2007 5 2007 6 2007 7 2004 8 2007 8 20 20 2000 9 1992 1994
10、 2007 2000 2000 10 0 5 0 3 90.91 3 5 2.5 2008 5 5 65.73 0 3 13.01 11 65.92 27.30 2007 10 2007 2008 60.52 60.69 60.67 65.59 541.84 2230 232 213 57 239 76 1573 72 112 2008 2007 200728 2008 12 2007 11 20082 2008 2 1 2008 2 5 2008 2008 2007 200827(2008)62 2007 10 25 2008 2 1 2007 2008 7 19,13 1 5 2004,2
11、003126 2 15 3 15 18 2009 2008142 144 10 5 25 9 8 1 0 8 8 0 0 2008 10 9 9 0 0 1 1 0 0 2008 10 2008 2008 15:16 2008 1 9 78 2008 2008 1 10 http:/2008 6 10 17 2007 2008 6 11 http:/2008 6 27 17 2008 2008 6 28 http:/2008 10 29 17 2008 2008 10 30 http:/1 17.03 10.90%17 1.04 4.6%1.07 3.03%8189 12.07%7325 15
12、.96%2 2008 OEM POWER-ONE ODM 58%OEM LED LCD FBT 2008 6 POS LED 18 2008 34940 2008 2008 6 10 2008 3 2008 90%OEM 19 1 2008 2007 1,703,088,709.261,911,485,236.34-208,396,527.08 28,197,362.12 48,484,946.61-20,287,584.49 105,613,605.34 98,581,245.877,032,359.47 35,384,269.47 14,030,859.4721,353,410.00-47
13、3,932.4611,022,847.56-11,496,780.02 103,431,277.16109,274,147.99-5,842,870.83 106,963,908.36110,300,596.03-3,336,687.67 81,888,690.8793,134,425.23-11,245,734.36 73,247,575.6487,161,646.14-13,914,070.50-75,745,388.15 520,998,314.38-596,743,702.53(1)10.90%,(2)41.48%152.19%,(3)104.3%,(4)5.97,2 2008 200
14、7 1,360,245,228.691,834,723,552.09-472,214,991.49 751,567,608.19 782,551,333.79-30,983,725.60(1)25.86 20(2)3.96 1 338,384,409.46 325,416,128.50 3.83%957,432,849.74 842,860,307.77 11.97%200,140,455.78 196,940,392.37 1.60%374,829,890.30 183,430,193.09 51.06%14,366,797.42 5,575,987.56 61.19%-182,065,69
15、3.44-179,306,484.31 1.52%1,703,088,709.26 1,374,916,524.98 19.27%-12.97-12.03-1.03%8.39 5.97 2.02%-54.95-52.68-4.71%-18.75-41.64 19.19%-24.85-28.04 1.72%-10.90-15.11 4.00%10.9 4,8.39,FBT 12.97 54.95 24.85%18.75 19.19 4.71 212 10 374,774,111.72 325,889,634.26 13.04%327,316,346.40 167,607,207.74 48.79
16、%3 40,474.02 35.07%44,500.61 26.13%2008 2007 1,360,245,228.69 100.00%1,834,723,552.09 100.00%-25.86%151,242,907.54 11.12%433,624,288.27 23.63%-12.51%-65.12%143,388,630.59 10.54%138,613,649.77 7.56%2.98%3.44%97,616,226.59 7.18%96,423,253.92 5.26%1.92%1.24%515,479,643.97 37.90%615,729,852.25 33.56%4.3
17、4%-16.28%36,836,713.60 2.71%127,684,291.05 6.96%-4.25%-71.15%97,674,033.13 7.18%58,133,514.22 3.17%4.01%68.02%24,944,975.69 1.83%33,886,971.77 1.85%-0.02%-26.39%203,632,281.46 14.97%126,549,568.57 6.90%8.07%60.91%-0.00%119,280,396.51 6.50%-6.50%-100.00%45,863,118.89 3.37%6,608,383.33 0.36%3.01%594.0
18、1%20,000,000.00 1.47%100,000,000.00 5.45%-3.98%-80.00%640,240.00 0.05%4,019,273.53 1.31%-1.26%-97.33%216,832,848.39 15.94%258,457,612.34 14.09%1.85%-16.11%223,317,873.41 16.42%519,214,979.55 28.30%-11.88%-56.99%16,631,589.41 1.22%12,233,040.89 0.67%0.55%35.96%1,056,779.68 0.08%1,351,694.92 0.07%0.01
19、%-21.82%6,674,486.61 0.49%18,469,854.08 1.01%-0.52%-63.86%2008 13.6 2007 25.86 2008 1.51 11.12 2007 2.8 65.12%22 2008 1756.37 2007 999.68 2008 2007 7,595.74 71.15%2008 2008 2007 60.91 68.02 2008 2007 3925.47 594.01 2008 2007 8,000 80%,2008 2007 2337.90 97.33%2008 2007 29589.71 56.99%2008 2007 439.85
20、 35.96%2008 2007 1179.54 63.86%2008 2007 1,703,088,709.26 1,911,485,236.34-208,396,527.08 28,197,362.12 48,484,946.61-20,287,584.49 105,613,605.34 98,581,245.877,032,359.47 35,384,269.47 14,030,859.4721,353,410.00-473,932.46 11,022,847.56-11,496,780.02 103,431,277.16 109,274,147.99-5,842,870.83 106,
21、963,908.36 110,300,596.03-3,336,687.67 81,888,690.8793,134,425.23-11,245,734.36 73,247,575.64 87,161,646.14-13,914,070.50-75,745,388.15 520,998,314.38-596,743,702.53 23(1)10.90%,(2)41.48%152.19%,(3)104.3%,4 12.07%15.96%(5)5.97 2008 2007-75,745,388.15 520,998,314.38-596,743,702.53-61,353,417.79-46,75
22、8,860.97-14,594,556.82-117,551,184.76-211,113,974.27 93,562,789.51(1)(2)24(3)3713 22108 3435 FBT 33838-2781 2060 10735 6889 21352 1812 1000 5058 989 8169 218 5875 22637 18650 2004 14 10.5 2008 32732 9419 1200 5459 2466 20014 233 147 2000 36871 2993 669-51 400 1496 1192 1356 234 25 1 2005 MWCR MWCR 9
23、 MWCR MWCR 2006 8 14 2007 1 11 MWCR 1,580,379.50 2007 2 9 MWCR MWCR 2 10 2007 9 30 49 2008 3 2006 2 13 2006 8 17 2006433 2008 12 31 4 2006 6 30 2006 12 28 26 2009 FBT 2009 2009 POWER-ONE ODM OEM LED POS 27*2008 2008 2008 LED 19 4 9 4 2 LED 5 SED-I08801 100 LED 28 4,012.73 24,749.73 24,749.73 100 5,0
24、85.00 5,085.00-510.02-4,688.00 4,688.00-58.00-400 3,845.00 3,845.00 302.44-*1 408.00 408.00 374.37-*2 10,706.00 10,706.00 877.90 24,732.0024,732.001,813.99-1 100 2008,2 3 400 4 2008*1 2003(2003-019,2003 11 15)*2 2004,(2004-013,2004 9 30)2003 29 10,706 2008 5 877.90 15.7%8 2007 12 31 659.85 2008 12 3
25、1 100%2008 2 1 2008 2 5 http:/2008 4 15 2008 4 17 http:/2008 4 25 2008 4 26 http:/2008 6 10 2008 6 12 http:/302008 7 18 2008 7 19 http:/2008 8 22 2008 8 23 http:/2008 9 25 2008 9 26 http:/2008 10 29 2008 10 30 http:/2008 12 9 2008 12 11 http:/2007 2008 6 19 2007 102 1.2 2008 6 26 2008 6 27 2008 6 27
26、 2008 31 1 2008 2008 12 31 2008 2 3 4 2008()()2008():32 1 2008 2008 2008 11 6 2008 11 6 12 31()2008 12 26 2009 1 5 2009 4 16 2008 2008 2008 12 312008 33 16 4 A B C D 2 2009 34 45 2008 2008 66,293,898.15 10%6,629,389.82 30%19 888 169.44 60%1,039,449.53 40,815,788.42 10 1.70,39,586,934.40,1,228,854.02
27、 2007 23,238,432.00 87,161,646.14 26.66%2006 29,108,040.00 41,809,009.07 69.62%2005 21,345,896.00 39,002,246.46 54.73%*33 20063 2007 1 1 2 2007 1 1 2007 2007 24,325,881.53 2007 35194,053,600.00 10 1.20 23,286,432.00 95.73%50%2007 2008 2008 2 1 2008 4 15 2007 A 2007 2007 2007 2007 2008 2008 4 25 2008
28、 2008 6 10 2008 7 18 2008 8 22 2008 362008 10 29 2008 2008 9 30 2008 1 2008 2 2008 2008 3 4 5 6 37()1118680 60 1 12396 1143.04 28%()7148 99%,1541.77 100%38 863 100%,759.73 100%20,060.14 100%185 14.65%68 5.38%39 1010 83.21%15.7 2007 12 31 437.38 66.28%8 2007 12 31 222.47 33.72%():2008 12 31 65,159,79
29、8.98:1 9,491,698.73 22,640,289.07-21,589,018.96 22,049,709.052-270,000-10,880,000.00 10,880,000.003 65,159,798.98 65,159,798.98 40 0 A 0 3000.00 B 0.00()A+B 0.00 0.00 C 0.00 70 D 0.00 50 E 0.00*C+D+E 0.00:50%,5%50%2008 45 41 1 2008 2 5 2 2008 2 5 3 2008 2 5 419 4 2008 2 21 5 2008 4 17 2008 6 2008 4
30、21 7 2008 4 21 2008 8 2008 4 26 2008 9 2008 6 12 10 2008 6 19 2007 11 2008 6 25 12 2008 7 19 13 2008 8 23 2008 14 2008 12 10 http:/42 1 XYZH/2008SZA2004-1 2008 12 31 2008 1 2 3 43 2008 12 31 2008 2 3 44 2008 1 1 2008 12 31 199352 1993 12 4 250 A 2,500 A 13,081.20 2002 5 10 2002 8 28(2002)93 2002 10
31、1,846.00 2003 5 20 2002 2002 12 31 10 3 4,478.16 19,405.36 2006 1 23 10 3.2 2006 2 6 19,405.36 2008 6 10 2007 10 2 38,810,720,1,38,810,720.00 232,864,320.00 440301103356497 232,864,320.00 1 15 17 000032 523 45 1 2 3 46 1 1 1 12 31 2 3 4 3 5 1 47 2 6 1 1 2 3 4 48 2 7 49 100%1 2 1-2 5 2-3 5 3 5%1 2 1-
32、2 5 2-3 5 3 5 8 50 199739 2%0.15/0.25/51 9 20 50 52 10()%30 5 3.17 53 11()(%)(%)1 30 5 3.17 2 10 5 9.5 3 6 5 15.83 4 6 5 15.83 5412 13 1 3 14 55 15 1 2 3 4 5 16 56 1 2 3 4 5 6 7 17 18 1(1)5719 20 5821 22 1 2 59 3 23 24(1)6025()26 27 6128 29 30 1 2 33 62 1 25%2008-2011 18%20%22%24%2012 25%25%2003134
33、2002 2007258 9%16.5%2 17%17%3 5%634 1%3%7%3%1%5 70%1.2%852 5,875 3,713 1,000 POS USD262,2,000 1,200 400 HKD100 300 64%37,370,710.14 100 100*1 71,055,262.32 100 100*2 47,380,449.61 100 100*3 12,850,690.00 100 100*4 10,511,566.69 51 51 14,000,000.00 70 70 11,550,000.00 96.25 96.25*5 4,507,104.72 100 1
34、00*6 HKD1 100 100 3,000,000.00 100 100*7*1:10.24%89.76%100%*2:10%90%100%*3:75%25%100%*4:51%49%100%*5 90%6.25%96.25%*6 87.25%12.75%100.00%*7 70%30%100.00%65 1 2 HKD50 500 4,000 3(%)100 1,472,889.12 1,150,029.40 322,859.72-571,022.27 2008 1 1 2008 12 31 2008 1 1 12 31 2007 1 1 12 31 661 396,719.34 449
35、,797.58 425,336.72 324,216.77 1.0000 324,216.77 230,810.00 1.0000 230,810.00 62,247.42 0.88189 54,895.38 72,089.60 0.9364 67,504.70 9,603.47 6.8346 65,635.88 16,467.61 7.3046 120,289.30 57.10 9.6590 551.57 631.18 10.6669 6,732.72 594.58 7.5650 4,497.98-6.4064-94,954,856.64 432,418,310.80 77,837,465.
36、90 1.0000 77,837,465.90 424,124,392.56 1.0000 424,124,392.56 302,152.47 0.8819 266,468.26 1,061,477.53 0.9364 993,967.56 2,465,531.63 6.8346 16,850,922.48 998,431.17 7.3046 7,293,140.34-9.6590-638.46 10.6669 6,810.34-7.5650-6.4064-55,838,253.32 780,640.75 55,766,076.25 1.0000 55,766,076.25 780,640.7
37、5 1.0000 780,640.75-0.8819-0.9364-10,560.54 6.8346 72,177.07-7.3046-9.6590-10.6669-7.5650-6.4064-151,242,907.54 433,624,288.27*5000 7*28000 65%2007 2 1 7,288,395.79 7,894,000.00-152,640.00 7,288,395.79 8,046,640.00 67*7,892,152.83*5%5%3 1%1 140,755,627.29 94.07 2,744,134.77 134,843,328.59 93.83 1,77
38、9,086.071-2 1,981,344.56 1.32 99,067.23 2,273,354.42 1.58 109,877.412-3 902,989.46 0.60 45,149.47 2,047,923.991.43 104,290.193 5,994,715.03 4.01 3,357,694.28 4,542,902.12 3.16 3,100,605.68 149,634,676.34 100 6,246,045.75143,707,509.12 100 5,093,859.35 2%126,461,348.66 84.51 2,634,307.81 42.18 105,34
39、6,009.92 73.31 2,721,157.12 53.42 3,033,578.86 2.03 3,033,578.86 48.57 2,341,694.92 1.32 1,738,589.67 34.13 20,139,748.82 13.46 578,159.08 9.26 36,019,804.28 25.06 634,112.56 12.45 149,634,676.34 100 6,246,045.75 100 143,707,509.12 100 5,093,859.35 100 1 5%5%2 97,781,765.15 65.35%3 62,695,177.87 41.
40、90%68 4 13,147,290.04 6.8346 89,856,468.51 10,707,121.92 7.3046 78,211,242.78 4%1 68,325,748.35 69.9996,417,942.12 99.991 2 29,290,478.24 30.01 5,311.80 0.01 97,616,226.59 100.0096,423,253.92 100.00 1 1-2 2 68,642,117.81 70.32%3 5%5%4 27,354.96 6.8346186,960.21-5 1%1 14,007,120.74 68.50 454,431.42 1
41、8,721,752.94 50.13 700,984.19 1-2 4,021,060.34 19.66 1,576,581.23 4,563,996.37 12.22 869,681.33 2-3 479,793.03 2.34 103,716.26 2,630,954.99 7.05 2,026,065.74 3 1,941,834.04 9.50 751,366.06 11,425,551.15 30.60 6,185,010.82 20,449,808.15 100.00 2,886,094.97 37,342,255.45 100.00 9,781,742.08 69 2%14,12
42、0,822.85 69.05 1,532,050.58 53.08 4,300,000.00 11.52 4,300,000.00 43.96 845,249.32 4.13 845,249.32 29.29 8,615,643.84 23.07 4,365,931.53 44.63 5,483,735.98 26.82 508,795.07 17.63 24,426,611.61 65.41 1,115,810.55 11.41 20,449,808.15 100.00 2,886,094.97 100.00 37,342,255.45 100.00 9,781,742.08 100.00
43、3 8,665,931.53 4 5%5%5 15,120,822.85 73.94 6 1 70,384,213.6279,185,142.52 16,495,976.5327,237,254.98 78,342,962.4091,740,406.79 192,528,913.19152,425,647.85 167,582,507.89222,516,964.14 120,416.36-11,439,792.7058,490,671.99 536,894,782.69631,596,088.27 70 2 6,884,037.90 7,593,252.99-14,477,290.89-2,
44、900,607.31 943,297.16-3,843,904.47-6,081,590.81-2,987,647.45 3,093,943.36 15,866,236.02 8,536,550.15-2,987,647.45 21,415,138.72 3()2007 5 008 12 21 115,788,012.66 65,819,344.93 50,375,391.75116,194,736.68-2008 6 2009 5 11 282,546,495.84 86,606,302.92105,922,610.27-192,528,913.19-398,334,508.50152,42
45、5,647.85156,298,002.02116,194,736.68192,528,913.19-4()2008 12 25-116,141,816.15-116,141,816.15-2006 4,147,263.54-1,758,348.04 2,388,915.50 2007 12 11 218,369,700.60 4,522,889.16 173,840,813.52 49,051,776.24-222,516,964.14120,664,705.31175,599,161.56 167,582,507.89-5 5,734,246.18 717-36,836,713.60 12
46、7,684,291.05-36,836,713.60 127,684,291.05 1 3,029,335,2006 2 22 2008 2 27 2 3,029,335 3,464,280.53 120,052,546.05 36,836,713.60 3 379,500 1,087,650.00 7,631,745.00 8 1 25,322,505.77 26,198,975.69-8,447,996.08 25,322,505.77 34,646,971.77 377,530.08 760,000.00 24,944,975.69 33,886,971.77 72 2%10 10 24
47、,944,975.69 24,944,975.69 24,944,975.69 100 100 760,000.00 760,000.00 760,000.00-10 10 494,000.00 494,000.00 494,000.00-100 100 500,000.00 377,530.08 377,530.08 26,698,975.69 26,198,975.69 377,530.08 1,254,000.00 25,322,505.77*70 15,303,675.13 4,781,560.52 4,781,560.52-*35 35 3,500,000.00 3,666,435.
48、56 3,666,435.56-18,803,675.13 8,447,996.08-8,447,996.08-45,502,650.82 34,646,971.77377,530.089,701,996.08 25,322,505.77*3 35%35%-8,782,544.94 27,665,682.31-19,258,075.32 4-377,530.08-377,530.08 760,000.00-760,000.00-760,000.00 377,530.08-760,000.00 377,530.08 73 5 2006 12 6 2008 10 9 1 96,032,025.88
49、 119,771,418.33 65,085,083.41 150,718,360.80 1.96,032,025.88 119,771,418.33 65,085,083.41 150,718,360.80 2.-37,898,511.66 24,290,134.11 9,144,318.10 53,044,327.67 1.37,898,511.66 24,290,134.11 9,144,318.10 53,044,327.67 2.-1.-2.-58,133,514.22 95,481,284.22 55,940,765.31 97,674,033.13 1.58,133,514.22
50、 95,481,284.22 55,940,765.31 97,674,033.13 2.-54,686,334.92 10 1 255,987,085.55 145,601,192.08 58,579,143.32 343,009,134.31 70,133,205.61 135,233,040.81 50,557,804.61 154,808,441.81 106,205,527.72 896,587.90 1,857,880.16 105,244,235.46 11,105,258.16 153,475.00 1,830,260.00 9,428,473.16 68,543,094.06