2004
2004
2005 3 24
2004
.............................................................................................................1
.....................................................2
...........................................................................................3
...................................................................3
..........................................................................................................5
..........................................................................................................7
.............................................................................................................7
......................................................................................................8
...........................................................................................8
......................................................................................... 10
.................................................................................................... 17
.................................................................... 17
...................................................... 18
........... 18
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................................................................................................. 22 2004
1
001001 001002
2002 10 23
1,135,862,726.05
53% +46% +1%
CHINA
ASSET
MANAGEMENT
CO.,LTD.
A
33 A 15
100032
010 66069966
010 66102120
http://www.ChinaAMC.com 2004
2
chinaamc@ChinaAMC.com
18
188
200120
021 58408846
021 58408836
http://www.bankcomm.com
www.ChinaAMC.com
568 200120
202 11 200021
A
33 A 15
2004
3
2004 2003
2002 10 23
2002 12 31
24,880,050.91 87,743,224.59 18,406,661.83
0.0168 0.0302 0.0041
-13,401,978.81 41,467,709.46 15,318,374.49
-0.0118 0.0199 0.0041
1,122,460,747.24 2,131,849,324.76 3,723,580,540.36
0.988 1.021 1.006
1.66% 2.96% 0.41%
-1.55% 2.71% 0.60%
1.72% 3.33% 0.60%
1
-1.98% 0.12% 0.67% 0.08% -2.65% 0.04%
-1.59% 0.14% 1.74% 0.07% -3.33% 0.07%
-1.55% 0.18% -1.78% 0.13% 0.23% 0.05%
1.72% 0.13% -1.98% 0.11% 3.70% 0.02%
2
2002 10 23 2004 12 31 2004
4
2002 10 23 2002 11 19
3
2002 10 23 2002
4
10
2004 0.180
2003 0.120 2004
5
2002
0.300
1998 4 9 13800
2004 12 300 5 50ETF6 3
2000 5
2004
6
1
2
3
4
5
04 -1.55% -1.78% 23
2004 4.15% 04 16% A 15%
2004 5 23bp
20052004
7
2005
2004 2005 2005
2004
2004
2004
(2005) 541
( )2004 12 31 2004 2004
8
2004 12 31 2004
·
2005 1 21
2004 12 31
( )
2004 2003
12 31 12 31
22,145,163.25
160,123,422.25
1,066,014.89
567,343.00
250,000.00 250,000.00
- 14,315,651.052004
9
5
10,831,678.45
23,015,151.46
30,000.00 271,896.00
- 188,602.93
1,210,441,310.01
1,865,182,406.28
1,239,872,833.33
1,864,059,094.79
10,000,000.00
90,000,000.00
1,254,764,166.60
2,153,914,472.97
16,978,416.14
7,208,087.93
1,759,300.81
11,042,399.36
581,755.28 1,105,385.54
193,918.43 368,461.85
6
149,252.39 -
7
40,684.41 -
8
2,900,091.90 1,910,813.53
109,600,000.00 -
9
100,000.00 430,000.00
132,303,419.36
22,065,148.21
10
1,135,862,726.05
2,088,372,988.87
/( ) 11
(33,941,530.99)
2,008,626.43
20,539,552.18
41,467,709.46
1,122,460,747.24
2,131,849,324.76
(2004 0.988 )
(2003 1.021 )
1,254,764,166.60
2,153,914,472.97
2004
( )
2004 2003
12
6,378,549.66 22,549,772.81
30,649,548.60 79,019,496.47
1,389,696.51 4,486,163.05
1,930,722.24 12,239,632.43
13
268,024.42 161,632.56
40,616,541.43 118,456,697.32
(9,099,294.51) (17,935,192.00)
(3,033,098.23) (5,978,397.33)2004
10
(2,702,584.76) (5,713,381.61)
14
(901,513.02) (1,086,501.79)
(210,000.00) (320,000.00)
(100,000.00) (110,000.00)
(15,736,490.52) (30,713,472.73)
24,880,050.91 87,743,224.59
/( ) 11
(30,554,834.81) (7,498,519.94)
(5,674,783.90) 80,244,704.65
24,880,050.91 87,743,224.59
41,467,709.46 15,318,374.49
347,202.37 13,140,309.48
(15,612,441.88) (46,130,947.35)
51,082,520.86 70,070,961.21
15
(30,542,968.68) (28,603,251.75)
20,539,552.18 41,467,709.46
2004
( )
2004 2003
2,131,849,324.76
3,723,580,540.36
24,880,050.91 87,743,224.59
/( )
(30,554,834.81) (7,498,519.94)
(5,674,783.90) 80,244,704.65
39,851,027.68 606,300,316.60
25,896,763.46 23,299,547.43
(1,013,021,852.62) (2,249,672,985.10)
(973,170,824.94) (1,643,372,668.50)
(30,542,968.68)
(28,603,251.75)
1,122,460,747.24
2,131,849,324.76
1
( ) 2004
11
[2002] 61 ( 2004 10 15 ) 2002 10 23 5,132,789,987.20 (2002) 103
( ) ( )
2
3
1
1 1 12 31
2
3
4
2004
12
/( )
5
6
7 2004
13
0.6%
0.2%
8
1.000
9 /( )
/( ) /( ) /( )
/( ) /( ) /( )
10
/( ) /( )
11
4
[2002]1282004
14
[2004]78
1
2 2004 1 1 (2003
2003 )
3 2004 1 1 (2003 2003 ) 20%
5
2004 12 31 2003 12 31
10,811,421.67 22,820,952.59
18,209.28 99,373.65
447.50 439.44
1,600.00 94,385.78
10,831,678.45 23,015,151.46
6
2004 12 31 2003 12 31
117,761.13 -
26,704.79 -
4,786.47 -
149,252.39 -
7
2004 12 31
8
2004 12 31 2003 12 31
2,393,456.72 1,367,259.24
500,000.00 500,000.00
6,635.18 43,554.29
2,900,091.90 1,910,813.53
9
2004 12 31 2003 12 31
100,000.00 110,000.00
- 320,000.00
100,000.00 430,000.00
10 2004
15
2004
2003 12 31 2,088,372,988.87 2,088,372,988.87
38,747,271.08 38,747,271.08
25,093,775.66 25,093,775.66
(991,257,533.90) (991,257,533.90)
2004 12 31 1,135,862,726.05 1,135,862,726.05
2003
2002 12 31 3,699,898,648.58 3,699,898,648.58
591,983,405.73 591,983,405.73
23,276,254.61 23,276,254.61
(2,203,509,065.44) (2,203,509,065.44)
2003 12 31 2,088,372,988.87 2,088,372,988.87
11 /( )
/( )(1)
/( )
2003 12 31
1,123,311.49
885,314.94
2,008,626.43
(30,554,834.81) -
(30,554,834.81)
- 756,554.23 756,554.23
-
676,879.58
676,879.58
-
(6,151,876.84)
(6,151,876.84)
2004 12 31
(29,431,523.32)
(4,510,007.67)
(33,941,530.99)
1 /( )
2004 12 31 2003 12 31
(25,029,537.39) 8,699,379.77
(4,401,985.93) (7,576,068.28)
(29,431,523.32) 1,123,311.49
12
2004 2003
3,306,209,582.24 4,986,671,174.82
(48,682,796.95) (74,005,654.18)
(3,251,148,235.63)
(4,890,115,747.83)
6,378,549.66
22,549,772.81
13
2004 2003
221,000.00 160,585.50
47,024.42 1,047.06
268,024.42 161,632.56 2004
16
14
2004 2003
210,000.00 320,000.00
100,000.00 110,000.00
521,875.76 601,933.29
37,930.00 21,560.00
30,907.26 28,008.50
800.00
5,000.00
901,513.02 1,086,501.79
15
2004 3 24 2004 2004 3 26 10 0.18 2004 3
30 30,542,968.68 4,646,205.22 25,896,763.46
16
1
2
0.6% X 0.6% /
9,099,294.51 (2003 17,935,192.00 )
3
0.2%
X 0.2% /
2004
17
3,033,098.23 (2003 5,978,397.33
)
4
2004 12 31 22,145,163.25 (2003
160,123,422.25 ) 1,364,538.07 (2003 2,765,596.56 )
5
2004 2003
29,713,856.35 -
1,177,360,000.00 -
771,002.87 -
17
1 2004 12 31
04 03 2004-12-27 2005-02-08 2005-02-08 100 100 200,000 20,000,000.00 20,000,000.00
2 2004 12 31 109,600,000.00
04 10
2005-1-5 100.07 100.14 500,000 50,035,000.00 50,070,000.00
04 15 2005-1-7 100.10 100.35 200,000 20,020,000.00 20,070,000.00
04 11 2005-1-12 100.00 100.10 400,000 40,000,000.00 40,040,000.00
110,055,000.00 110,180,000.00
1,210,441,310.01 96.47% 2004
18
10,000,000.00 0.80%
23,211,178.14 1.85%
11,111,678.45 0.89%
1,254,764,166.60 100.00%
1
84,804,662.90 7.56%
2
452,831,800.00 40.34%
3
4,489,000.00 0.40%
4
668,315,847.11 59.54%
1,210,441,310.01 107.84%
1 03 18 88,740,000.00 7.91%
2 2 68,466,343.50 6.10%
3 2 65,584,234.68 5.84%
4
63,234,620.10 5.63%
5
61,974,000.00 5.52%
1
2
250,000.00
30,000.00
10,831,678.45
11,111,678.45
3
126301 2 68,466,343.50 6.10%
100795
63,234,620.10 5.63% 2004
19
100236
61,974,000.00 5.52%
110001
41,491,700.00 3.70%
100726
35,448,400.00 3.16%
125936
33,585,480.00 2.99%
125959
33,482,181.00 2.98%
125729
31,580,072.10 2.81%
110418
30,737,569.90 2.74%
100177
20,613,100.00 1.84%
125069
18,309,864.79 1.63%
100567
17,799,594.80 1.59%
125930
16,009,950.00 1.43%
110317
11,648,644.80 1.04%
100117
8,197,195.20 0.73%
110037
6,290,083.80 0.56%
100196
2,595,500.00 0.23%
2004 12 31
34,811
32,629.42
75,216,624.42 6.62
1,060,646,101.63 93.38
1,135,862,726.05 100.00
5,132,789,987.20
2,088,372,988.87
38,747,271.08
991,257,533.90 2004
20
1,135,862,726.05
2004 6 16
2004 12 31
1
2
3
4
5
2004 1 1 2004 10 24 0.1
2004 1 1 12 31 2004
21
1 800,981,845.70 39.02% 1,334,500,000.00 45.22% 80,915.67 15.50%
1 596,771,074.50 29.07% 1,319,500,000.00 44.72% 60,135.98 11.52%
1 395,517,423.71 19.27% - - 39,551.73 7.58%
1 259,367,082.00 12.64% 296,900,000.00 10.06% 341,272.38 65.39%
4 2,052,637,425.91 100.00% 2,950,900,000.00 100.00% 521,875.76 100.00%
2004 3 24 2004
3 26 10 0.18
100,000.00 3
1 2004 12 15
2 2004 10 15
3 2004 9 16
4 2004 6 25
5 2004 6 16
6 2004 3 18
7 2004 2 27
www.ChinaAMC.com 2004
22
1
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3
4
5
6
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/
