SHENZHEN PROPERTIES & RESOURCES DEVELOPMENT (GROUP) LTD. ANNUAL REPORT 2004
Mar. 1, 2005
1
Important Notes: Board of Directors of Shenzhen Properties & Resources Development (Group) Ltd. (hereinafter referred to as the Company) individually and collectively accept responsibility for the correctness, accuracy and completeness of the contents of this report and confirm that there are no material omissions nor errors which would render any statement misleading. Two directors were absent from the Board meeting due to some reasons, but they examined the relevant information before the meeting; among them, Director Guo Yuanxian entrusted Chairman of the Board Mr. Tian Chenggang and at the same time Jiang changlong entrusted Kong Yuquan to vote on his behalf with the aye to all proposals involved in the said meeting respectively. Wuhan Zhonghuan CPAs Ltd. issued an unqualified Auditors' Report with pinpoint events for the Company; and the Board of Directors and the Supervisory Committee of the Company made the corresponding explanations in details for the relevant matters, the investors are suggested to notice the content. Chairman of the Board of the Company Tian Chenggang, General Manager Fang Yibing and Manager of Financial Department Zhang Wei hereby confirm that the Financial Report enclosed in the Annual Report is true and complete. This report has been prepared in Chinese version and English version respectively. In the event of difference in interpretation between the two versions, the Chinese report shall prevail.
Contents
Ⅰ. Company Profile---------------------------------------------------------------------------3 Ⅱ. Summary of Financial Highlight and Business Highlight-------------------------3 Ⅲ. Particulars about the Changes in Capital Shares and Shareholders------------6 Ⅳ. Particulars about Director, Supervisor, Senior Executive and Staff ------------9 Ⅴ. Administrative Structure----------------------------------------------------------------15 Ⅵ. Brief Introduction to the Shareholders' General Meeting -----------------------17 Ⅶ. Report of the Board of Directors ----------------------------------- ------------------ 18 Ⅷ. Report of the Supervisory Committee-------------------------------------------------29 Ⅸ. Significant Events--------------------------------------------------------------------------31 Ⅹ. Financial Report---------------------------------------------------------------------------38 Ⅺ. Documents for Reference-----------------------------------------------------------------38

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