2011
2011 12 31
2011
2012
3 20
2011 1 1 12 31
1
2011
1.2 ................................................................................................................ 1
............................................................................................................................ 1
............................................................................................................................ 4
.................................................................................................................... 4
.................................................................................................................... 4
................................................................................................. 4
.................................................................................................................... 5
.................................................................................................................... 5
............................................................. 5
................................................................................................. 5
.................................................................................................................... 6
......................................................................................... 8
........................................................................................................................ 8
............................................................................................. 8
..................................................... 9
................................................................. 9
............................................... 10
............................................... 10
............................................................... 10
........................................................... 11
............................................................... 12
...................................................................................................................... 12
................................................................... 12
12
................... 12
.......................................................................................................................... 12
............................................................................................... 12
.......................................................................................................... 13
.......................................................................................................................... 13
.................................................................................................................. 13
...................................................................................................................... 13
.............................................................................................................................. 15
................................................................................... 16
.......................................................................................................................... 17
.................................................................................................................. 36
.................................................................................................. 36
................................................................................... 37
....................... 37
............................................................................... 38
........................................................................... 40
................... 40
....... 41
................... 41
2
2011
.......................................................................................................... 41
...................................................................................................... 42
....................................................................... 42
............................................... 42
...................................................................................................... 42
.................................................................................................................. 42
............................................................................................... 42
............................... 43
................................................... 43
...................................................................................................... 43
........................................................................... 43
........................................... 43
11.7 ....................................................................... 43
.................................................................................................................. 44
................................................................................... 48
.................................................................................................................. 48
.................................................................................................................. 48
.......................................................................................................................... 48
.......................................................................................................................... 48
3
2011
021-50509888-8219 010-67595003
huangzhp@scfund.com.cn yindong.zh@ccb.com
4
2011
021-50509666 / 400-821-0588 010-67595096
021-50509888-8211 010-66275853
279 25
279
1 1
200135 100033
www.scfund.com.cn
130
279
25,986,450.56 21,396,064.28 -63,039.19
-80,482,956.52 82,837,719.51 1,145,221.29
-0.2204 0.1397 0.0014
-20.66% 13.89% 0.1430%
-17.72% 14.99% 0.10%
-20,705,232.49 23,715,301.87 -63,039.19
-0.0533 0.0604 -0.0001
368,097,160.86 452,263,333.15 802,000,350.45
0.947 1.151 1.001
5
2011
-5.30% 15.10% 0.10%
1
2
3
4 2009 12 30
3.2.1
-3.07% 1.44% -6.17% 1.06% 3.10% 0.38%
-12.72% 1.28% -16.60% 1.02% 3.88% 0.26%
-17.72% 1.22% -17.81% 0.98% 0.09% 0.24%
-5.30% 1.29% -23.27% 1.09% 17.97% 0.20%
=75%* 300 +25%*
3.2.2
6
2011
3.2.3
7
2011
4.1.1
2003 82 2004 9 1
2011 12 31 11 2 5 1 2 1
2011 2825 2199 22% 15.16% 2011 142.3 2010 30%
4.1.2
8
2011
1
2
4.3.1
4.3.2
9
2011
4.3.3
4.4.1 2011
4.4.2 0.947 0.947 -17.72% -17.81%
2012 2012 2011
2012
10
2011
1
2
3 2011
11
2011
W[2012]A353
2011 12 31 2011
:(1) 12
2011
(2)
2011 12 31 2011
130
2012-03-12
2011 12 31
2011 12 31
2010 12 31
13
2011
7.4.7.1 223,585.64 6,311,557.99
581,435.68 623,530.31
- 13,498.03
377,760,085.08 457,998,804.39
347,061,830.48 416,950,813.84
--
30,698,254.60 41,047,990.55
--
--
--
--
492,192.09 859,680.19
--
355,218.85 1,077,403.08
--
--
379,412,517.34 466,884,473.99
2011 12 31
2010 12 31
--
--
--
9,599,865.60 9,999,865.00
--
268,850.54 2,524,376.49
482,498.69 571,582.79
80,416.44 95,263.80
--
215,225.92 731,741.57
--
27,563.66 3,363.58
--
--
640,935.63 694,947.61
14
2011
11,315,356.48 14,621,140.84
388,802,393.35 392,786,221.20
-20,705,232.49 59,477,111.95
368,097,160.86 452,263,333.15
379,412,517.34 466,884,473.99
2011 12 31 0.947 388,802,393.35
2011 1 1 2011 12 31
2011 1 1 2011 12
31
2010 1 1 2010 12
31
-71,653,370.54 96,858,490.52
811,476.55 1,721,133.82
99,262.07 731,482.94
712,214.48 478,419.43
--
- 511,231.45
--
33,677,955.96 32,630,277.14
28,220,668.09 23,771,554.26
--
1,718,432.91 4,726,829.70
--
--
3,738,854.96 4,131,893.18
-106,469,407.08 61,441,655.23
--
326,604.03 1,065,424.33
8,829,585.98 14,020,771.01
5,843,720.98 8,980,760.76
973,953.44 1,496,793.44
15
2011
--
1,144,322.83 3,001,009.79
450,474.12 74,003.08
450,474.12 74,003.08
417,114.61 468,203.94
-80,482,956.52 82,837,719.51
--
-80,482,956.52 82,837,719.51
2011 1 1 2011 12 31
2011 1 1 2011 12 31 392,786,221.20 59,477,111.95 452,263,333.15
- -80,482,956.52 -80,482,956.52
-3,983,827.85 300,612.08 -3,683,215.77
267,027,332.22 26,523,393.60 293,550,725.82
-271,011,160.07 -26,222,781.52 -297,233,941.59
-- -
388,802,393.35 -20,705,232.49 368,097,160.86
2010 1 1 2010 12 31 800,855,129.16 1,145,221.29 802,000,350.45
- 82,837,719.51 82,837,719.51
-408,068,907.96 -24,505,828.85 -432,574,736.81
425,631,258.35 -4,658,771.94 420,972,486.41
-833,700,166.31 -19,847,056.91 -853,547,223.22
-- -
16
2011
392,786,221.20 59,477,111.95 452,263,333.15
7..1 7.4
7.4.1
[2009]1024 2009 12 30 800,855,129.16
60%-95% 80% 0-35% 5% =75%* 300 +25%*
7.4.2
2006 2 15 38 2007
5 15 2010 2 8 XBRL 3 < >
7.4.3
7.4.4
7.4.4.1
17
2011
1 1 12 31 2011 1 1 12 31
7.4.4.2
7.4.4.3
1
( )
2
7.4.4.4
7.4.4.5
( )
18
2011
(1)
(2)
(3)
7.4.4.6
7.4.4.7
7.4.4.8
/( )
7.4.4.9 /( )
19
2011
7.4.4.10
7.4.4.11
(1)
(2)
(3) 10%
(4) 3
(5)
(6) 15
(7)
(8)
7.4.4.12
(1)
(2)
(a) [2006]37 20
2011
(b) [2008]38 (SAC)
(c) [2007]21 < >
7.4.5
7.4.5.1
7.4.5.2
7.4.5.3
7.4.6
1
2008 9 19 0.1%
[2005]103 ,
2
[2004]78 , 2004 1 1 21
2011
[2005]103 ,
[2008]1
3
[1998]55 ,
, 20%
[2005]107 2005 6 13 [2005]102
50
[2005]103 ,
7.4.7
7.4.7.1
2011 12 31
2010 12 31 223,585.64 6,311,557.99
--
--
223,585.64 6,311,557.99
7.4.7.2
22
2011
389,884,180.20 347,061,830.48 -42,822,349.72
12,356,136.25 11,341,254.60 -1,014,881.65
19,339,260.00 19,357,000.00 17,740.00 31,695,396.25 30,698,254.60 -997,141.65
---
---
---
421,579,576.45 377,760,085.08 -43,819,491.37
2010 12 31
356,837,758.05 416,950,813.84 60,113,055.79
18,370,550.63 21,037,990.55 2,667,439.92
20,140,580.00 20,010,000.00 -130,580.00 38,511,130.63 41,047,990.55 2,536,859.92
---
---
---
395,348,888.68 457,998,804.39 62,649,915.71
7.4.7.3 /
7.4.7.4
7.4.7.4.1
7.4.7.4.2
7.4.7.5
2011 12 31
2010 12 31
691.01 1,343.51
- -
- -
287.76 240.02
491,210.94 857,878.06
- -
2.38 218.60
- -
492,192.09 859,680.19
23
2011
7.4.7.6
7.4.7.7
2011 12 31
2010 12 31 214,283.17 729,787.17
942.75 1,954.40
215,225.92 731,741.57
7.4.7.8
2011 12 31
2010 12 31
250,000.00 250,000.00
935.63 4,947.61
90,000.00 80,000.00
300,000.00 360,000.00
640,935.63 694,947.61
7.4.7.9
2011 1 1 2011 12 31
392,786,221.20 392,786,221.20
267,027,332.22 267,027,332.22
-271,011,160.07 -271,011,160.07
388,802,393.35 388,802,393.35
1
2
7.4.7.10
23,715,301.87 35,761,810.08 59,477,111.95
25,986,450.56 -106,469,407.08 -80,482,956.52
1,087,091.66 -786,479.58 300,612.08
30,193,603.15 -3,670,209.55 26,523,393.60
24
2011
-29,106,511.49 2,883,729.97 -26,222,781.52
---
50,788,844.09 -71,494,076.58 -20,705,232.49
7.4.7.11
2011 1 1 2011 12 31
2010 1 1 2010 12 31
83,553.46 701,359.69
--
--
4,857.23 20,997.79
10,851.38 9,125.46
99,262.07 731,482.94
7.4.7.12
2011 1 1 2011 12 31
2010 1 1 2010 12 31 381,547,703.40 922,406,043.64
353,327,035.31 898,634,489.38
28,220,668.09 23,771,554.26
7.4.7.13
2011 1 1 2011 12 31
2010 1 1 2010 12 31
99,966,568.06 227,812,342.57
96,151,212.12 221,653,473.78
2,096,923.03 1,432,039.09
1,718,432.91 4,726,829.70
7.4.7.14
7.4.7.14.1
7.4.7.15
25
2011
2011 1 1 2011 12 31
2010 1 1 2010 12 31
3,738,854.96 4,131,893.18
--
3,738,854.96 4,131,893.18
7.4.7.16
2011 1 1 2011 12 31
2010 1 1 2010 12 31
-106,469,407.08 61,441,655.23
-102,935,405.51 59,041,436.37
-3,534,001.57 2,400,218.86
--
--
--
--
--
-106,469,407.08 61,441,655.23
7.4.7.17
2011 1 1 2011 12 31
2010 1 1 2010 12 31 254,963.97 924,261.39
71,640.06 141,162.94
- -
326,604.03 1,065,424.33
7.4.7.18
2011 1 1 2011 12 31
2010 1 1 2010 12 31
1,143,447.83 2,999,584.79
875.00 1,425.00
1,144,322.83 3,001,009.79
7.4.7.19
2011 1 1 2011 12 31
2010 1 1 2010 12 31
26
2011
90,000.00 80,000.00
300,000.00 360,000.00
360.00 720.00
8,754.61 15,483.94
18,000.00 12,000.00
417,114.61 468,203.94
7.4.8
7.4.8.1
7.4.8.2
7.4.9
7.4.10
7.4.10.1
7.4.10.1.1
2011 1 1 2011 12 31
2010 1 1 2010 12 31
266,904,782.46 35.74% 715,872,389.38 35.03%
7.4.10.1.2
2011 1 1 2011 12 31
2010 1 1 2010 12 31 27
2011
- - 31,721,818.05 14.20%
7.4.10.1.3
2011 1 1 2011 12 31
2010 1 1 2010 12 31 - - 961,800,000.00 100.00%
7.4.10.1.4
2011 1 1 2011 12 31
2010 1 1 2010 12 31 1.
2. 1
7.4.10.2
7.4.10.2.1
2011 1 1 2011 12 31
2010 1 1 2010 12 31
5,843,720.98 8,980,760.76
28
2011
584,961.99 1,076,584.76
1.5%
X 1.5% /
7.4.10.2.2
2011 1 1 2011 12 31
2010 1 1 2010 12 31
973,953.44 1,496,793.44
0.25%
X 0.25% /
7.4.10.2.3
7.4.10.3 ( )
- - - - - -
2010 1 1 2010 12 31 - - - -40,000,000.00 17,638.41
7.4.10.4
7.4.10.4.1
2011 1 1 2011 12 31
2010 1 1 2010 12
31
29
2011
19,979,020.98 -
- 19,979,020.98
--
--
19,979,020.98 19,979,020.98
5.14% 5.09%
7.4.10.4.2
7.4.10.5
2011 1 1 2011 12 31
2010 1 1 2010 12 31
7.4.10.6
7.4.10.7
7.4.11
7.4.12 2011 12 31
7.4.12.1 /
/
7.4.12.2
34.11 888,000
29,597,108.9
1
26,497,920.00 -
30
2011
11.87 100,000 1,405,872.10 853,000.00 -
7.4.12.3
7.4.12.3.1
2011 12 31 9,599,865.60
96.83 100,000 9,683,000.00
- 100,000 9,683,000.00
7.4.12.3.2
7.4.13
7.4.13.1
31
2011
7.4.13.2
7.4.13.3
10% 10% 7.4.12 40%
32
2011
( )
7.4.13.4
7.4.13.4.1
7.4.13.4.1.1
3
-1
1-5
5
223,585.64 - - - - - 223,585.64
581,435.68 - - - - - 581,435.68
- - - - - - -
-
9,683,00
0.00
9,674,00
0.00
-
11,341,
254.60
347,061,830.48 377,760,085.08
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - 492,192.09 492,192.09
- - - - - - -
- - - - - 355,218.85 355,218.85
- - - - - - -
33
2011
805,021.32
9,683,00
0.00
9,674,00
0.00
-
11,341,
254.60
347,909,241.42 379,412,517.34
9,599,865.60 - - - - - 9,599,865.60
- - - - - - -
- - - - - 268,850.54 268,850.54
- - - - - 482,498.69 482,498.69
- - - - - 80,416.44 80,416.44
- - - - - - -
- - - - - 215,225.92 215,225.92
- - - - - - -
- - - - - 27,563.66 27,563.66
- - - - - - -
- - - - - 640,935.63 640,935.63
9,599,865.60 - - - - 1,715,490.88 11,315,356.48
-8,794,844.28
9,683,00
0.00
9,674,00
0.00
-
11,341,
254.60
346,193,750.54 368,097,160.86
1
1 3
3 1
1 5
5
6,311,557.99 - - - - - 6,311,557.99
623,530.31 - - - - - 623,530.31
- - - - - 13,498.03 13,498.03
20,010,000.00
21,037,9
90.55
- - - 416,950,813.84 457,998,804.39
- - - - - 859,680.19 859,680.19
1,077,403.08 - - - - - 1,077,403.08
28,022,491.38
21,037,9
90.55
- - - 417,823,992.06 466,884,473.99
9,999,865.00 - - - - - 9,999,865.00
34
2011
- - - - - 2,524,376.49 2,524,376.49
- - - - - 571,582.79 571,582.79
- - - - - 95,263.80 95,263.80
- - - - - 731,741.57 731,741.57
- - - - - 3,363.58 3,363.58
- - - - - 694,947.61 694,947.61
9,999,865.00 - - - - 4,621,275.84 14,621,140.84
18,022,626.38
21,037,9
90.55
- - - 413,202,716.22 452,263,333.15
7.4.13.4.1.2
2011 12 31
2010 12 31 18.04 29.66 17.47 28.50 7.4.13.4.2
7.4.13.4.3
7.4.13.4.3.1
2011 12 31
2010 12 31 35
2011
347,061,830.48 94.29 416,950,813.84 92.19
-- - -
-- - -
347,061,830.48 94.29 416,950,813.84 92.19
60%-95% 0-35% 3% 5%
7.4.13.4.3.2
2011 12 31 2010 12 31 beta 1.14 10 beta 0.92
7.4.14
1 347,061,830.48 91.47
347,061,830.48 91.47
2 30,698,254.60 8.09
30,698,254.60 8.09
- -
3 - -
4 - -
- -
36
2011
5 805,021.32 0.21
6 847,410.94 0.22
7 379,412,517.34 100.00
A - -
B 17,936,943.36 4.87
C 158,559,257.04 43.08
C0 28,964,919.00 7.87
C1 - -
C2 - -
C3 18,043,340.00 4.90
C4 49,835,692.00 13.54
C5 26,497,920.00 7.20
C6 80,200.00 0.02
C7 34,029,186.04 9.24
C8 1,108,000.00 0.30
C99 - -
D - -
E 725,400.00 0.20
F - -
G 26,051,724.00 7.08
H 12,052,000.00 3.27
I 119,192,506.08 32.38
J - -
K - -
L - -
M 12,544,000.00 3.41
347,061,830.48 94.29
1 2,240,000 28,963,200.00 7.87
37
2011
2 888,000 26,497,920.00 7.20
3 1,447,318 26,051,724.00 7.08
4 219,818 23,718,362.20 6.44
5 1,880,000 22,315,600.00 6.06
6 844,000 19,623,000.00 5.33
7 1,561,000 19,543,720.00 5.31
8 2,228,800 18,922,512.00 5.14
9 718,000 18,043,340.00 4.90
10 585,794 13,859,886.04 3.77
11 1,600,000 12,544,000.00 3.41
12 970,000 12,513,000.00 3.40
13 694,297 12,247,399.08 3.33
14 1,078,300 12,109,309.00 3.29
15 327,000 11,261,880.00 3.06
16 430,000 10,891,900.00 2.96
17 566,600 10,884,386.00 2.96
18 850,000 10,446,500.00 2.84
19 265,400 7,160,492.00 1.95
20 600,000 5,568,000.00 1.51
21 159,956 5,246,556.80 1.43
22 800,000 4,712,000.00 1.28
23 88,747 3,450,483.36 0.94
24 208,000 2,718,560.00 0.74
25 50,000 1,605,500.00 0.44
26 160,000 1,553,600.00 0.42
27 100,000 1,108,000.00 0.30
28 60,000 876,000.00 0.24
29 100,000 853,000.00 0.23
30 30,000 725,400.00 0.20
31 20,000 460,600.00 0.13
32 50,000 346,000.00 0.09
33 10,000 85,700.00 0.02
34 10,000 80,200.00 0.02
35 10,000 74,100.00 0.02
8.4.1 2% 20
38
2011
1 39,897,326.17 8.82
2 33,418,543.89 7.39
3 23,581,030.57 5.21
4 21,037,474.20 4.65
5 19,526,880.80 4.32
6 17,330,174.31 3.83
7 16,535,816.77 3.66
8 16,423,742.83 3.63
9 15,092,351.46 3.34
10 14,144,335.00 3.13
11 13,981,695.51 3.09
12 13,552,353.14 3.00
13 13,429,412.01 2.97
14 12,089,406.05 2.67
15 9,048,418.69 2.00
16 8,666,242.01 1.92
17 8,278,923.93 1.83
18 8,160,412.00 1.80
19 7,530,817.50 1.67
20 6,122,868.22 1.35
8.4.2 2% 20
1 41,210,617.27 9.11
2 22,823,574.98 5.05
3 22,345,966.18 4.94
4 21,777,813.80 4.82
5 20,895,950.44 4.62
6 19,385,861.58 4.29
7 17,283,041.46 3.82
8 17,096,644.40 3.78
9 16,795,042.15 3.71
10 16,711,421.54 3.70
11 12,666,907.01 2.80
12 12,441,564.75 2.75
13 12,077,714.04 2.67
14 11,798,943.97 2.61
39
2011
15 11,494,467.45 2.54
16 10,672,826.49 2.36
17 9,404,813.57 2.08
18 8,399,640.80 1.86
19 6,676,451.72 1.48
20 6,129,042.76 1.36
8.4.3
386,373,457.46
381,547,703.40
1 - -
2 19,357,000.00 5.26
3 - -
- -
4 - -
5 - -
6 - -
7 11,341,254.60 3.08
8 - -
9 30,698,254.60 8.34
1 123,570 11,341,254.60 3.08
2 100,000 9,683,000.00 2.63
3 100,000 9,674,000.00 2.63
40
2011
8.9.1
8.9.2
8.9.3
1 -
2 -
3 -
4 492,192.09
5 355,218.85
6 -
7 -
8 -
9 847,410.94
8.9.4
8.9.5
26,497,920.00 7.20 8.9.6
41
2011
11,702 33,225.29 207,428,023.65 53.35%181,374,369.70 46.65%
2,474,363.74 0.64%
800,855,129.16
392,786,221.20
267,027,332.22
271,011,160.07
-
388,802,393.35
1
2
42
2011
2011 2 9 2011 115
2011 1 31 2011 10 24 ,
90000
11.7
11.7.1
43
2011
1 325,823,232.83 43.62% 276,948.64 44.55% 2 266,904,782.46 35.74% 218,023.07 35.07% 1 116,412,902.38 15.59% 94,585.60 15.22% 1 37,742,768.99 5.05% 32,081.26 5.16% 5 746,883,686.66 100.00% 621,638.57 100.00% 1.
2.
11.7.2
39,080,353.10 58.05% - - - -
- - - - - -
25,905,073.23 38.48% - - - -
2,333,875.60 3.47% - - - -
67,319,301.93 100.00% - - - -
44
2011
45
2011
46
2011
47
2011
1 2011 10 28
2 2012 1 16 , 2012 1 16
1
2
3
4
5
http //www.scfund.com.cn
021 50509666 / 400-821-0588
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2011
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