2011
2011 12 31
2011
, 2012
3 20
2011 9 28 12 31
1
2011
1.2 ................................................................................................................ 1
............................................................................................................................ 1
............................................................................................................................ 4
.................................................................................................................... 4
.................................................................................................................... 4
................................................................................................. 4
.................................................................................................................... 5
.................................................................................................................... 5
............................................................. 5
................................................................................................. 5
.................................................................................................................... 6
......................................................................................... 8
........................................................................................................................ 8
............................................................................................. 8
..................................................... 9
................................................................. 9
............................................... 10
............................................... 10
............................................................... 11
........................................................... 11
............................................................... 12
...................................................................................................................... 12
................................................................... 12
12
................... 12
.......................................................................................................................... 13
............................................................................................... 13
.......................................................................................................... 13
.......................................................................................................................... 13
.................................................................................................................. 14
...................................................................................................................... 14
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.................................................................................................................. 34
.................................................................................................. 34
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....................... 35
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........................................................................... 37
................... 37
....... 38
................... 38
2
2011
.......................................................................................................... 38
...................................................................................................... 39
....................................................................... 39
............................................... 39
...................................................................................................... 39
.................................................................................................................. 40
............................................................................................... 40
............................... 40
................................................... 40
...................................................................................................... 40
........................................................................... 40
........................................... 40
11.7 ....................................................................... 41
.................................................................................................................. 41
................................................................................... 43
.................................................................................................................. 44
.................................................................................................................. 44
.......................................................................................................................... 44
.......................................................................................................................... 44
3
2011
021-50509888-8219 010-67595003
huangzhp@scfund.com.cn yindong.zh@ccb.com
021-50509666 / 400-821-0588 010-67595096
021-50509888-8211 010-66275853
279 25
279 1 1 4
2011
200135 100033
www.scfund.com.cn
130
279
-1,467,293.96
-15,338,759.58
-0.0549
-5.55%
-5.30%
-12,311,274.29
-0.0529
220,411,543.59
0.947
-5.30%
1
2
5
2011
3
4 2011 9 28
3.2.1
-5.30% 0.57% -9.03% 1.25% 3.73% -0.68%
- - - - - -
- - - - - -
- - - - - -
- - - - - -
-5.30% 0.56% -10.99% 1.24% 5.69% -0.68%
= 75%* +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
4.3.3
9
2011
4.4.1 2011 4 3 A A
2011 9 4 1 2 + + 2011 -5.3%
4.4.2 2011 9 28 0.947 0.947 -5.30% -10.99%
2012 M2 14% 2012
2 PMI 51% 1 0.5 50% 1 2 8.5% 2012 2012 A 2012
2012 2012 1 10
2011
2 3
2012 A 2011 2012
1
2
3 2011
11
2011
12
2011
W[2012]A346
2011 12 31 2011
:(1) (2)
2011 12 31 2011
13
2011
130
2012-03-12
2011 12 31
2011 12 31
7.4.7.1 96,188,423.18
2,345,170.70
-
131,855,406.53
131,855,406.53
-
-
-
-
-
-
30,153.96
-
38,444.23
-
-
230,457,598.60
2011 12 31
-
-
14
2011
-
-
-
9,470,035.13
340,154.46
56,692.38
-
3,482.23
-
-
-
-
175,690.81
10,046,055.01
232,722,817.88
-12,311,274.29
220,411,543.59
230,457,598.60
1. 2011 12 31 0.947 232722817.88
2. 2011 9 28
2011 9 28 2011 12 31
2011 9 28 2011 12 31
-13,681,740.43
813,118.57
253,381.79
-
-
559,736.78
15
2011
-
-686,382.22
-686,382.22
-
-
-
-
-
-13,871,465.62
-
62,988.84
1,657,019.15
1,071,563.05
178,593.83
-
266,441.77
-
-
140,420.50
-15,338,759.58
-
-15,338,759.58
2011 9 28
2011 9 28 2011 12 31
2011 9 28 2011 12 31 281,594,106.37 - 281,594,106.37
- -15,338,759.58 -15,338,759.58
-48,871,288.49 3,027,485.29 -45,843,803.20
16
2011
43,131.98 -2,717.31 40,414.67
-48,914,420.47 3,030,202.60 -45,884,217.87
-- -
232,722,817.88 -12,311,274.29 220,411,543.59
2011 9 28
7.1 7.4
7.4.1
[2011]1021 2011 9 28 281,594,106.37
60%-95% 80% 3% 0-35% 5%
7.4.2
2006 2 15 38 2007
5 15 2010 2 8 XBRL 3 < >
7.4.3
17
2011
7.4.4
7.4.4.1
1 1 12 31 2011 9 28 12 31
7.4.4.2
7.4.4.3
1
( )
2
7.4.4.4
18
2011
7.4.4.5
( )
(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)
20
2011
(a) [2006]37
(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 , 21
2011
2
[2004]78 , 2004 1 1
[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 96,188,423.18
-
-
96,188,423.18
22
2011
7.4.7.2
145,726,872.15 131,855,406.53 -13,871,465.62
---
--- ---
---
---
---
145,726,872.15 131,855,406.53 -13,871,465.62
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
28,993.13
-
-
1,160.83
-
-
-
-
30,153.96
7.4.7.6
7.4.7.7
23
2011
2011 12 31 3,482.23
-
3,482.23
7.4.7.8
2011 12 31
-
35,690.81
50,000.00
90,000.00
175,690.81
7.4.7.9
2011 9 28 2011 12 31
281,594,106.37 281,594,106.37
43,131.98 43,131.98
-48,914,420.47 -48,914,420.47
232,722,817.88 232,722,817.88
1
2
3 2011 9 28
7.4.7.10
---
-1,467,293.96 -13,871,465.62 -15,338,759.58
271,119.97 2,756,365.32 3,027,485.29
-207.77 -2,509.54 -2,717.31
271,327.74 2,758,874.86 3,030,202.60
---
-1,196,173.99 -11,115,100.30 -12,311,274.29
24
2011
7.4.7.11
2011 9 28 2011 12 31
245,984.42
-
-
7,397.37
-
253,381.79
7.4.7.12
2011 9 28 2011 12 31
38,571,130.74
39,257,512.96
-686,382.22
7.4.7.13
7.4.7.14
7.4.7.14.1
7.4.7.15
7.4.7.16
2011 9 28 2011 12 31
-13,871,465.62
-13,871,465.62
-
-
-
-
-
-
-13,871,465.62
25
2011
7.4.7.17
2011 9 28 2011 12 31
33,905.02
5,632.65
23,451.17
62,988.84
7.4.7.18
2011 9 28 2011 12 31
266,441.77
-
266,441.77
7.4.7.19
2011 9 28 2011 12 31
50,000.00
90,000.00
360.00
60.50
140,420.50
7.4.8
7.4.8.1
7.4.8.2
7.4.9
26
2011
7.4.10
7.4.10.1
7.4.10.1.1
2011 9 28 2011 12 31
223,555,515.85 100.00%
7.4.10.1.2
7.4.10.1.3
7.4.10.1.4
2011 9 28 2011 12 31
800,000,000.00 100.00%
7.4.10.1.5
2011 9 28 2011 12 31 1
2 1
7.4.10.2
27
2011
7.4.10.2.1
2011 9 28 2011 12 31
1,071,563.05
189,355.59
1.5%
X 1.5% /
7.4.10.2.2
2011 9 28 2011 12 31
178,593.83
0.25%
X 0.25% /
7.4.10.3 ( )
7.4.10.4
7.4.10.4.1
2011 9 28 2011 12 31
9,999,200.00
-
-
-
9,999,200.00
4.3%
28
2011
7.4.10.4.2
7.4.10.5
2011 9 28 2011 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
7.4.12.3
7.4.12.3.1
7.4.12.3.2
7.4.13
7.4.13.1
29
2011
7.4.13.2
7.4.13.3
30
2011
10% 10% 7.4.12 40%
( )
7.4.13.4
7.4.13.4.1
7.4.13.4.1.1
3
-1
1-5
5
96,188,423.18 - - - - - 96,188,423.18
31
2011
2,345,170.70 - - - - - 2,345,170.70
- - - - - - -
- - - - - 131,855,406.53 131,855,406.53
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - 30,153.96 30,153.96
- - - - - - -
- - - - - 38,444.23 38,444.23
- - - - - - -
98,533,593.88 - - - - 131,924,004.72 230,457,598.60
- - - - - - -
- - - - - - -
- - - - - 9,470,035.13 9,470,035.13
- - - - - 340,154.46 340,154.46
- - - - - 56,692.38 56,692.38
- - - - - - -
- - - - - 3,482.23 3,482.23
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - 175,690.81 175,690.81
- - - - - 10,046,055.01 10,046,055.01
98,533,593.88 - - - - 121,877,949.71 220,411,543.59
7.4.13.4.1.2
7.4.13.4.2
32
2011
7.4.13.4.3
7.4.13.4.3.1
2011 12 31 131,855,406.53 59.82
--
--
131,855,406.53 59.82
60%-95% 0-35% 3% 5%
7.4.13.4.3.2
beta 0.09
7.4.14
33
2011
1 131,855,406.53 57.21
131,855,406.53 57.21
2 - -
- -
- -
3 - -
4 - -
- -
5 98,533,593.88 42.76
6 68,598.19 0.03
7 230,457,598.60 100.00
A - -
B 4,060,000.00 1.84
C 32,086,381.62 14.56
C0 7,295,600.00 3.31
C1 - -
C2 - -
C3 - -
C4 1,930,862.76 0.88
C5 7,319,600.00 3.32
C6 - -
C7 10,863,068.86 4.93
C8 4,677,250.00 2.12
C99 - -
D - -
E 7,053,300.00 3.20
F - -
34
2011
G 43,250,959.91 19.62
H 11,526,865.00 5.23
I 33,087,400.00 15.01
J - -
K - -
L 790,500.00 0.36
M - -
131,855,406.53 59.82
1 640,667 11,532,006.00 5.23
2 529,722 8,014,693.86 3.64
3 190,000 6,543,600.00 2.97
4 382,500 6,464,250.00 2.93
5 560,000 6,288,800.00 2.85
6 170,000 5,576,000.00 2.53
7 600,000 5,568,000.00 2.53
8 280,000 5,378,800.00 2.44
9 268,871 5,339,778.06 2.42
10 390,000 4,793,100.00 2.17
11 213,861 4,501,774.05 2.04
12 170,000 4,080,000.00 1.85
13 500,000 3,705,000.00 1.68
14 180,000 3,695,400.00 1.68
15 134,300 3,088,900.00 1.40
16 70,000 2,935,800.00 1.33
17 240,000 2,848,800.00 1.29
18 220,000 2,754,400.00 1.25
19 233,800 2,747,150.00 1.25
20 115,100 2,676,075.00 1.21
21 149,960 2,606,304.80 1.18
22 152,100 2,579,616.00 1.17
23 70,000 2,443,000.00 1.11
24 230,000 2,132,100.00 0.97
25 100,000 2,116,000.00 0.96
26 120,000 2,046,000.00 0.93
35
2011
27 250,000 2,030,000.00 0.92
28 50,000 1,944,000.00 0.88
29 60,000 1,940,400.00 0.88
30 80,000 1,934,400.00 0.88
31 149,332 1,930,862.76 0.88
32 108,100 1,907,965.00 0.87
33 145,000 1,741,450.00 0.79
34 20,000 1,719,600.00 0.78
35 131,300 1,361,581.00 0.62
36 80,000 1,130,400.00 0.51
37 70,000 796,600.00 0.36
38 50,000 790,500.00 0.36
39 10,000 172,300.00 0.08
8.4.1 2% 20
1 13,032,244.18 5.91
2 9,644,435.26 4.38
3 9,373,129.98 4.25
4 7,986,398.27 3.62
5 7,499,197.52 3.40
6 7,102,782.00 3.22
7 6,888,923.62 3.13
8 6,071,221.39 2.75
9 5,977,194.13 2.71
10 5,657,974.00 2.57
11 5,630,490.91 2.55
12 5,492,603.69 2.49
13 5,386,744.38 2.44
14 5,064,735.98 2.30
15 4,471,243.26 2.03
16 4,461,164.02 2.02
17 4,279,639.84 1.94
18 4,258,483.00 1.93
19 3,163,696.77 1.44
20 3,090,843.64 1.40
36
2011
8.4.2 2% 20
1 5,698,500.00 2.59
2 4,369,283.08 1.98
3 3,790,576.28 1.72
4 3,240,190.92 1.47
5 3,168,836.99 1.44
6 3,108,029.10 1.41
7 2,902,600.00 1.32
8 2,140,692.73 0.97
9 1,845,000.00 0.84
10 1,782,981.53 0.81
11 1,630,779.41 0.74
12 1,413,277.07 0.64
13 1,107,258.68 0.50
14 973,484.46 0.44
15 487,834.42 0.22
16 485,683.71 0.22
17 426,122.36 0.19
8.4.3
184,984,385.11
38,571,130.74
37
2011
8.9.1 2011 5 27 2011 17 60 25 10 3
8.9.2
8.9.3
1 -
2 -
3 -
4 30,153.96
5 38,444.23
6 -
7 -
8 -
9 68,598.19
8.9.4
8.9.5
38
2011
8.9.6
2,911 79,946.00 116,491,586.82 50.06%116,231,231.06 49.94%
--
281,594,106.37
43,131.98
48,914,420.47
-
232,722,817.88
1
2
39
2011
2011 2 9 2011 115
2011 1 31 2011 10 24 ,
50000
40
2011
11.7
11.7.1
2 223,555,515.85 100.00% 186,656.55 100.00% 1 - - - - - - - - 5 223,555,515.85 100.00% 186,656.55 100.00% 1
2
11.7.2
- -800,000,000.00100.00% - -
- - - - - -
- - - - - -
- - - - - -
- -800,000,000.00100.00% - -
41
2011
42
2011
1 2011 10 28
2 2012 1 16 , 2012 43
2011
1 16
1
2
3
4
5
http //www.scfund.com.cn
021 50509666 / 400-821-0588
44
