2005
2006 3 27
2006 3 9
1
...........................................................................................................................2
...........................................................3
.......................................................................................................................5
.......................................................................................................................7
...........................................................................................................................8
...................................................................................................................8
........................................................ 8
................................................... 11
...................................................................................................................18
.......................................................................................................25
...................................................................................................................26
...........................................................................................................................27 2
1
2
3 : 500017
4
5 2000 8 15
6 500,000,000
7 15
8
9 2001 12 19
1
2
3
4
1
2 7088 32
3 7088 32
4 : 518040
5 http://www.dcfund.com.cn
6
7
8
9 0755-83183388
10 0755-83199588
11 dupeng@dcfund.com.cn
1
2 23
3 100
4 : 100036
5 http://www.abchina.com
6
7
3
8 010-68435588
9 010-68424181
10 lifangfei@abchina.com
http://www.dcfund.com.cn
7088 32
100
1
202 11
2
166 36
2005 2004 2003 1
1,681,312.368,943,494.1218,307,753.87
2
0.0034 0.0179 0.0366
3 -84,638,116.13 -86,319,428.49 -95,262,922.61
4
-0.1693-0.1726-0.1905
5
453,096,864.41427,357,700.70434,246,810.58
6
0.9062 0.8547 0.8685
7
0.39% 2.04% 4.63%
8
6.03% -1.59% 20.07%
9
-17.05% -21.76% -20.50%
1
1 2
5.94% 1.54%
11.05% 1.57%
6.03% 2.11%4
25.29% 2.15%
-14.05% 2.17%
-17.05% 2.22%
2
2000 8 15 2005 12 31
-40%
-30%
-20%
-10%
0%
10%
2000-8-15 2001-8-15 2002-8-15 2003-8-15 2004-8-15 2005-8-15
6 80% 20% 10%
3
-10%
0%
10%
20%
30%
40%
2003 2004 2005
5
1
[1999]10 1999 4 12
1 (48%) (25%) (25%) (2%) 2005 12 31 5 5
2
10
1
2005 12 31 0.9062 6.03% 8.33%
2
2005
2005
20056
3
2006 2006
2006
WTO
2006
1 2005 2004
2 20057
3 2005
4 2004 BARRA VaR
5 2005
2005 1 1 2005 12 31
8
2006 03 09
(2006) 190
( ) 2005 12 31 2005
2005 12 31 2005
·
2006 2 28
2005 12 31
2005 12 31 2004 12 31
1,469,476.70 21,824,093.16
1,392,377.07
0.00
(a)
660,000.00
250,000.00 9
0.00
1,344,381.43
0.00 0.00
(b)
1,106,687.57
1,680,943.90
0.00 0.00
(c)
2,982,097.54
2,982,097.54
350,849,784.69 294,052,401.82
313,866,985.79 279,972,733.97
100,281,129.00 110,042,330.72
99,528,947.36 110,444,869.38
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
458,741,552.57 432,176,248.57
51,496.19
0.00
0.00 0.00
0.00 0.00
553,958.05
541,917.01
92,326.36 90,319.53
(d)
916,876.53
507,780.30
0.00 0.00
0.00 0.00
0.00 0.00
(e)
3,770,031.03
3,518,531.03
0.00 0.00
0.00 0.00
(f)
260,000.00
160,000.00
0.00 0.00
5,644,688.16
4,818,547.87
(g)
500,000,000.00
500,000,000.00
(h)
37,734,980.54
13,677,129.19
-84,638,116.13
-86,319,428.49
453,096,864.41
427,357,700.70
458,741,552.57
432,176,248.57
0.9062 0.8547
10
2005
2005 2004
9,835,181.28
17,314,904.66
1 (i)
-10,793,802.14
16,659,496.71
2 (j)
3,338,473.64
-5,190,196.95
3
8,017,650.41
0.00
4
2,691,976.17
2,615,097.71
5
389,492.62
550,078.64
6
6,154,321.65
2,611,243.27
7 (k)
37,068.93
69,185.28
8,153,868.92
8,371,410.54
1 (c)
6,398,968.97
6,593,645.01
2 (d)
1,066,579.61
1,099,027.14
3
230,043.99
235,737.73
4
0.00 0.00
5 (l)
458,276.35
443,000.66
60,000.00
60,000.00
300,000.00
300,000.00
60,000.00
60,000.00
1,681,312.36
8,943,494.12
(h)
24,057,851.35
-15,832,604.00
25,739,163.71
-6,889,109.88
2005
2005 2004
1,681,312.36
8,943,494.12
-86,319,428.49
-95,262,922.61
0.00 0.00
-84,638,116.13
-86,319,428.49
0.00
0.00
-84,638,116.13
-86,319,428.49
2005
2005 2004
427,357,700.70
434,246,810.58
1,681,312.36
8,943,494.12
24,057,851.35
-15,832,604.00
25,739,163.71
-6,889,109.88
0.00 0.0011
0.00 0.00
0.00 0.00
0.00 0.00
453,096,864.41
427,357,700.70
( ) ( ) ( ) [2000]21 [2000]6 [2000]32 2000 6 19 2000 8 11 2000 6 22 2000 8 15 1992 4 1 2002 3 30 ( ) 372,874,343
[2001]27 ( )
[2001]202 2001 12 19
2002 3 8 372,874,343 500,000,000 5 2007 3 30 2002
3 25
( ) A
(a)
1 1 12 31
(b)
(c)
12
(d)
(i)
(ii)
(iii)
( )
(iv)
(v)
(e)
(i)
(ii)
(iii)
( )
(f)
13
(g)
1.50% 20%
0.25%
(h)
1.00
(i)
90%
[1998]55 [2004]78 [2005]11 ( ) [2005]102 [2005]103
(a)
(b) 2004 1 1
(c) 20%
2005 6
13 50%( 100%) 20%
(d) 2005 1 24 0.2% 2005 1 24 0.1%
(e)
(a)
( )
( )(1)
( )
( )(2)14
(1) 2005 5 10 [2005]54
(2) 2005 11 6
(b)
A
2005 2004
( )
( )
1,055,118,218.50 25.29% 555,997,761.39 26.27%
765,604,540.45 18.35% 515,422,656.78 24.35%
1,820,722,758.95 43.64%1,071,420,418.17 50.62%
B
2005 2004
( )
( )
233,688,565.70 41.00% 79,807,962.20 27.53%
0.000.0010,550,125.12 3.64%
233,688,565.70 41.00%90,358,087.32 31.17%
C
2005 2004
( )
( )
100,000,000.00 19.19%275,000,000.00 67.88%
0.000.00 0.00 0.00
100,000,000.00 19.19%275,000,000.00 67.88%
D
2005 2004
( )
( )
862,032.25 25.68% 452,364.98 26.66%
599,092.74 17.85% 403,327.07 23.77%
1,461,124.9943.53%855,692.05% 50.43%
(c)
1.50%15
X 1.50% /
6,398,968.97 (2004 6,593,645.01 )
(d)
0.25% X 0.25% /
1,066,579.61 (2004 1,099,027.14 )
(e)
2005 12 31 1,469,476.70 (2004 21,824,093.16
) 339,368.84 (2004 550,078.64 )
(f)
2005 2004 38,800,000.00 59,000,000.00
9,487.39 23,732.88
(g)
A
2005 2004
( ) ( ) 7,928,035 1.59% 7,928,035 1.59%
B
(a)
2005 12 31 2004 12 31 500,000.00 250,000.00
160,000.00 0.00
660,000.00250,000.00
(b)
2005 12 31 2004 12 31 1,102,962.68 1,658,535.16
3,026.29 22,408.74
626.60 0.00
72.00 0.00
1,106,687.571,680,943.90
16
(c)
2005 12 31 2004 12 31 () 2,895,040.56 2,895,040.56
() 87,056.98 87,056.98
2,982,097.542,982,097.54
2000 6 22 2005 12 31 2,856,131.41 38,909.15 (2004 )
2005 (2004 )
(d)
2005 12 31 2004 12 31 317,128.57 0.00
258,187.49 158,386.02
131,646.46 37,234.24
98,759.84 185,807.74
82,836.52 61,003.86
28,317.65 0.00
0.00 65,348.44
916,876.53507,780.30
(e)
2005 12 31 2004 12 31 ((c)()) 2,895,040.56 2,895,040.56
500,000.00 250,000.00
235,358.58 235,358.58
((c)()) 87,056.98 87,056.98
52,574.9151,074.91
3,770,031.033,518,531.03
(f)
2005 12 31 2004 12 31 100,000.00100,000.00
100,000.00 0.00
60,000.0060,000.00
260,000.00160,000.0017
(g)
2005 12 31 2004 12 31
- 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00
- 5,428,035.00 5,428,035.00 5,428,035.00 5,428,035.00
489,571,965.00 489,571,965.00489,571,965.00 489,571,965.00
500,000,000.00 500,000,000.00500,000,000.00 500,000,000.00
1% 1% 0.5% 0.5%
(h)
2004 12 31 14,079,667.85 -402,538.66 13,677,129.19
22,903,131.051,154,720.30 24,057,851.35
2005 12 31 36,982,798.90 752,181.64 37,734,980.54
(i)
2005 2004 2,089,982,477.031,093,269,668.44
1,751,360.19 913,866.23
2,099,024,918.981,075,696,305.50
-10,793,802.14 16,659,496.71
801,117.80 (2004 )
(j)
2005 2004 338,404,088.20 140,115,110.04
4,818,659.621,870,549.76
330,246,954.94 143,434,757.23
3,338,473.64 -5,190,196.95
(k)
2005 2004 18,461.87 41,727.02
0.0027,458.26
18,607.06 0.00
37,068.9369,185.28
18
(l)
2005 2004 300,000.00300,000.00
60,000.0060,000.00
60,000.0060,000.00
3,156.83 2,531.93
35,119.5220,468.73
458,276.35443,000.66
2005 12 31
( )
( ) ( )
( )
000987
2005/12/30 8.092006/01/20 6.992,806,292 22,702,902.28
600533
2005/12/27 8.542006/01/23 6.92575,693 4,916,418.22
600779
2005/12/27 4.202006/01/18 3.681,000,000 4,200,000.00
600591
2005/12/26 3.472006/02/14 2.80613,204 2,127,817.88
000069 A 2005/12/19 12.70 2006/01/06 11.14 100,000 1,270,000.00
35,217,138.38
350,849,784.69 76.48%
100,281,129.00 21.86%
2,861,853.77
0.62%
0.00 0.00
0.00 0.00
4,748,785.11 1.04%
458,741,552.57 100.00%19
A
409,655.90 0.09%
B
38,797,631.73 8.56%
C
115,256,682.04 25.44%
C0
36,547,385.18 8.07%
C1
4,034,498.54 0.89%
C2
0.00 0.00%
C3
0.00 0.00%
C4
35,466,376.14 7.83%
C5
10,530,517.00 2.32%
C6
0.00 0.00%
C7
19,679,220.43 4.34%
C8
8,998,684.75 1.99%
C99
0.00 0.00%
D 0.00 0.00%
E
0.000.00%
F
43,782,908.13 9.66%
G
16,536,711.64 3.65%
H
24,354,973.66 5.38%
I
0.00 0.00%
J
74,906,979.49 16.53%
K
1,270,000.00 0.28%
L
0.00 0.00%
M
35,534,242.10 7.84%
350,849,784.6977.43%
( ) 1 000002 G
9,504,54042,105,112.20 9.29%
2 600028
7,601,51735,651,114.73 7.87%
3 600858
4,638,93535,534,242.10 7.84%
4 600029
13,121,38534,771,670.25 7.67%
5 000987
2,806,29222,702,902.28 5.01%
6 000024
1,874,21421,984,530.22 4.85%
7 600331 G
2,919,02018,973,630.00 4.19%
8 600050
5,540,70615,569,383.86 3.44%
9 600519
265,80112,147,105.70 2.68%
10 600887
790,12111,598,976.28 2.56%
11 002008
993,44510,530,517.00 2.32%
12 600309
579,9918,282,271.48 1.83%20
13 000792
699,3598,210,474.66 1.81%
14 000550
1,306,996 7,881,185.88 1.74%
15 600325 G
959,4995,900,918.85 1.30%
16 600533
575,6934,916,418.22 1.09%
17 002028
341,8804,543,585.20 1.00%
18 600270
569,0004,375,610.00 0.97%
19 600779
1,000,000 4,200,000.00 0.93%
20 002022
282,2643,779,514.96 0.83%
21 000930 G
970,0003,676,300.00 0.81%
22 600316
358,4343,437,382.06 0.76%
23 600547
257,7003,146,517.00 0.70%
24 000568 G
608,9922,649,115.20 0.59%
25 600664
543,2392,629,276.76 0.58%
26 600276
174,1692,589,893.03 0.57%
27 600386
636,5002,507,810.00 0.55%
28 000528
500,0002,465,000.00 0.54%
29 002029
351,6612,159,198.54 0.48%
30 600591
613,2042,127,817.88 0.47%
31 000726
282,0001,875,300.00 0.41%
32 600298
200,0001,870,000.00 0.41%
33 600361 G
179,3781,652,071.38 0.37%
34 600320
160,7691,352,067.29 0.30%
35 000069
100,0001,270,000.00 0.28%
36 000997 G
112,219 967,327.78 0.21%
37 002041
21,062 409,655.90 0.09%
38 600597
90,600 405,888.00 0.09%
350,849,784.69 77.43%
2%
1 600028
144,254,330.30 33.75%
2 600029
76,260,690.88 17.84%
3 600019 G
71,102,858.24 16.64%
4 000002 G 68,380,395.37 16.00%
5 600900 G
62,606,262.43 14.65%
6 000063 G
60,393,688.34 14.13%
7 600005 G
53,945,533.32 12.62%
8 600000
53,897,035.62 12.61%
9 600887
50,372,621.95 11.79%
10 600009
49,649,549.13 11.62%
11 600036
43,842,831.64 10.26%
12 600050
43,707,293.75 10.23%21
13 000069
42,866,246.05 10.03%
14 000792
35,455,377.37 8.30%
15 000027
35,402,363.19 8.28%
16 000024
34,184,005.11 8.00%
17 600320
31,910,621.41 7.47%
18 600858
31,222,980.53 7.31%
19 000726
28,690,572.99 6.71%
20 000895
28,477,387.00 6.66%
21 600309
28,074,335.54 6.57%
22 000898 G
26,807,356.72 6.27%
23 600016 G
25,403,088.43 5.94%
24 000651
24,524,687.20 5.74%
25 000866
23,959,900.11 5.61%
26 600026 G
22,906,542.60 5.36%
27 600519
20,354,890.48 4.76%
28 000039
19,794,827.12 4.63%
29 600270
19,723,522.62 4.62%
30 600331 G
19,364,196.26 4.53%
31 600033
18,623,885.47 4.36%
32 600002
18,542,163.09 4.34%
33 600591
17,809,131.23 4.17%
34 000987
17,590,980.60 4.12%
35 600875
17,534,914.23 4.10%
36 600280
17,440,103.89 4.08%
37 600205
17,176,500.35 4.02%
38 600330
15,991,109.40 3.74%
39 600060
15,117,052.74 3.54%
40 600298
14,761,738.44 3.45%
41 000983 G
14,741,202.07 3.45%
42 600694
14,135,230.69 3.31%
43 600361 G
13,731,133.63 3.21%
44 000402
13,228,226.56 3.10%
45 600015
12,995,888.43 3.04%
46 600588
12,656,500.13 2.96%
47 600327
12,605,033.00 2.95%
48 600688
12,604,764.05 2.95%
49 600104 G
12,300,155.40 2.88%
50 600008
11,268,356.24 2.64%
51 600258
10,537,689.01 2.47%
52 002008
10,056,811.76 2.35%
53 600332
9,871,746.48 2.31%22
54 600832 G
9,839,038.94 2.30%
55 000550
9,783,875.31 2.29%
56 000625
9,744,366.41 2.28%
57 000617
9,635,319.17 2.25%
58 600383
9,607,270.83 2.25%
59 600221
9,564,074.97 2.24%
60 600001
9,438,668.76 2.21%
61 002022
9,430,531.54 2.21%
62 002001
9,356,564.37 2.19%
63 600269
9,057,788.02 2.12%
64 000937 G
9,011,483.04 2.11%
65 600812
8,750,388.11 2.05%
66 600004 G 8,734,856.28 2.04%
2%
1 600028
109,129,736.28 25.54%
2 600900 G
92,411,111.72 21.62%
3 600019 G
73,909,337.00 17.29%
4 000063 G
61,290,521.81 14.34%
5 000069
57,366,268.21 13.42%
6 600000
56,639,591.76 13.25%
7 600005 G
52,347,781.83 12.25%
8 600029
51,963,809.35 12.16%
9 600009
49,190,869.57 11.51%
10 600036
46,397,599.53 10.86%
11 600887
35,705,804.75 8.36%
12 000027
35,700,980.60 8.35%
13 000002 G
35,423,203.33 8.29%
14 600320
35,259,286.33 8.25%
15 000898 G
30,196,123.81 7.07%
16 000651
29,455,211.95 6.89%
17 600050
27,946,327.38 6.54%
18 000792
27,170,983.45 6.36%
19 000895
26,819,760.93 6.28%
20 000402
25,324,211.58 5.93%
21 600016 G
24,113,944.66 5.64%
22 000726
23,477,266.59 5.49%
23 000866
23,299,708.10 5.45%
24 000538
23,278,722.35 5.45%
25 000022
20,789,391.99 4.86%
26 600309
20,032,794.67 4.69%23
27 000039
20,028,337.71 4.69%
28 600026 G
19,143,153.29 4.48%
29 600002
18,784,204.97 4.40%
30 600330
18,607,415.34 4.35%
31 600280
18,246,601.45 4.27%
32 600205
17,799,754.74 4.17%
33 000024
17,634,190.73 4.13%
34 600033
17,287,474.94 4.05%
35 600085 G
16,604,580.07 3.89%
36 600361 G
16,194,698.40 3.79%
37 002024
16,097,790.64 3.77%
38 600104 G
15,970,819.67 3.74%
39 600270
15,762,553.02 3.69%
40 600875
15,533,194.61 3.63%
41 600012
15,326,968.66 3.59%
42 600600
15,236,247.57 3.57%
43 600060
15,015,257.46 3.51%
44 600694
14,945,043.17 3.50%
46 600591
14,842,678.29 3.47%
47 000983 G
13,533,347.36 3.17%
48 600015
12,647,251.90 2.96%
49 600298
12,471,253.68 2.92%
50 600018 G
12,332,099.85 2.89%
51 000423
12,227,877.28 2.86%
52 600011
11,719,282.24 2.74%
53 600688
11,405,036.56 2.67%
54 600008
11,030,451.74 2.58%
55 600971
10,563,997.21 2.47%
56 002001
10,552,724.80 2.47%
57 600588
10,325,058.34 2.42%
58 000527
10,155,750.80 2.38%
59 600332
9,966,705.36 2.33%
60 600258
9,905,701.58 2.32%
61 600327
9,869,060.31 2.31%
62 000617
9,663,605.11 2.26%
63 000625
9,639,443.38 2.26%
64 600832 G
9,588,573.25 2.24%
65 600296
9,456,218.57 2.21%
66 600383
9,302,858.67 2.18%
67 600188
9,295,575.78 2.18%
68 600001
8,879,375.07 2.08%24
69 600153
8,870,920.91 2.08%
70 600135
8,754,890.64 2.05%
71 600005 G 8,721,569.37 2.04%
72 600585
8,591,420.16 2.01%
2,133,720,288.60 2,089,982,477.03
1
100,281,129.00 22.13%
2
0.00 0.00%
3
0.00 0.00%
4
0.00 0.00%
5
0.00 0.00%
6
0.00 0.00%
100,281,129.00 22.13%
1 02 22,227,029.00 4.91%
2 0211 19,926,000.00 4.40%
3 03 14,922,000.00 3.29%
4 21 10,222,000.00 2.26%
5 21 10,056,000.00 2.22%
1
2
3
660,000.00
1,106,687.57
2,982,097.54
4,748,785.11
4
5
( )
( )
( ) ( )
580998 JTP1 0 0.00 659,969 1,426,022.39 0
038002 HRP1 00.007,603,6326,591,628.02 0
JTP1 580998 G 60000425
HRP1 038002 G A 000002
6
7,928,035
0.00
0.00
7,928,035
32,644 15,316.75
500,000,000 100.00%
249,813,734 49.96%
250,186,266 50.04%
1
33,801,950 6.76%
2
26,652,473 5.33%
3 CITIGROUP
GLOBAL MARKETS LIMITED 21,927,881 4.39%
4 UBS-LIMITED 19,126,080 3.83%
5
18,985,2293.80%
6
16,902,390 3.38%
7 CALYONS.A. 15,706,053 3.14%
8
14,589,114 2.92%
9
10,800,784 2.16%
10 DEUTSCHE
BANK AKTIENGESELLSCHAFT 8,362,138 1.67%
26
6
1
( )
( )
( )
2 1,055,118,218.50 25.29% 862,032.25 25.68%
1 765,604,540.45 18.35% 599,092.74 17.85%
1 765,262,586.06 18.34% 622,944.04 18.56%
1 604,115,561.05 14.48% 493,125.55 14.69%
1 545,592,691.76 13.08% 426,931.47 12.72%
1 310,059,406.28 7.43% 253,739.28 7.56%
1 126,210,182.17 3.03% 98,759.84 2.94%
8 4,171,963,186.27 100.00%3,356,625.17 100.00%
2
( )
( )
233,688,565.70 41.00% 100,000,000.00 19.19%
160,225,570.60 28.11%
63,000,000.00 12.09%
97,512,172.10 17.11%
358,000,000.00 68.72%
78,491,281.20 13.78% 0.00 0.00%
569,917,589.60 100.00%
521,000,000.00 100.00%
3
27
4
<1998>29
1
2005 6 17
2
2005 8 24
1
2
3
4
5
http://www.dcfund.com.cn
0755-83183388-6868
010-85633388-6868
021-53599588-#
http://www.dcfund.com.cn
2006 3 27
