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2010 Fact Book III

2010 Fact Book III

ContentsShanghai Securities Market..........................................................1

Historical Review............................................................................................................................................1Securities Products.........................................................................................................................................12009 Market Review......................................................................................................................................5Overview.......................................................................................................................................................5Securities Issuance and Listing.........................................................................................................................5Market Operations .........................................................................................................................................5Introduction to SSE NGTS..............................................................................................................................12Introduction to SSE Third Generation Surveillance System.................................................................................. 13Introduction to SSE Integrated Electronic Platform for Fixed-income Securities.......................................................14Introduction on Corporate Bonds.................................................................................................................... 16Major Events of Shanghai Securities Market in 2009.........................................................................................17Market Highlights..........................................................................................................................................20Transactions................................................................................................................................................ 20Stock Indices...............................................................................................................................................20

Stock Market................................................................................ 25

Trading Business..........................................................................................................................................25Trading Relationship......................................................................................................................................25Table 1: Breakdown of Centralized Trading Business..........................................................................................27Table 2: Breakdown of Trading-related Services................................................................................................28SSE Fee Schedules for Securities Transactions and Relevant Services..................................................................32Table 1: Fee Structure for A-share, Fund, Warrant and Bond Transactions .............................................................32Table 2: Fee Structure for B-share Transactions.................................................................................................33Table 3: Fee Structure for Non-trading Services................................................................................................ 34Table 4: SSE Fee Structure and Taxes............................................................................................................. 352009 Monthly Turnover Volume, Turnover Value and P/E Ratio............................................................................42Top 20 Most Traded Stocks by Trading Volume.................................................................................................43Top 20 Most Traded Stocks by Trading Value....................................................................................................44Top 20 Gainers............................................................................................................................................45Top Losers..................................................................................................................................................45SSE Index Compilation..................................................................................................................................46I.SSE Index Series........................................................................................................................................47II. Index Compilation Methodology...................................................................................................................48III. Index Calculation......................................................................................................................................67IV Index Maintenance....................................................................................................................................72V Release of Indices.....................................................................................................................................73Number of Constituents in SSE Indices............................................................................................................74Market Cap and Weight of Constituent Stocks in SSE 180 Index (2009 year-end).................................................76

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Market Cap and Weight of Constituent Stocks in SSE 50 Index (2009 year-end)...................................................82

Listed Companies........................................................................93

IPO Criteria..................................................................................................................................................93Listing Criteria for IPO Shares.........................................................................................................................96Listing Procedures........................................................................................................................................97Application Documents for Listing of IPO Shares...............................................................................................97Public Offering Criteria for Listed Companies.................................................................................................... 98Listed companies applying for public offering of securities shall first meet the following general requirements:............98Rights Issue ................................................................................................................................................99Follow-on Offering......................................................................................................................................100Special Treatment.......................................................................................................................................100In any of the following cases, the stock of a listed company will be subject to other kind of Special Treatment: .........101Listing Suspension and Listing Termination.....................................................................................................101In any of the following cases, the stock of a listed company will be terminated from listing:....................................102Listing Agreement......................................................................................................................................103Listing Criteria for Convertible Bonds.............................................................................................................103Listing Criteria for Warrants..........................................................................................................................103Number and Sector Distribution of Listed Companies, 1991-2009................................................................... 104Geographical Distribution of Listed Companies................................................................................................105Newly Listed Stocks in 2009.......................................................................................................................106Newly Listed Companies in 2009.................................................................................................................107Newly Listed Companies in 2009 (continued).................................................................................................108Rights Issues by Listed Companies in 2009...................................................................................................108Equity Structure of Listed Companies (2009 year-end).................................................................................... 109Share Capital Changes of Listed Companies in 2009......................................................................................110Top 50 Listed Companies by Market Capitalization..........................................................................................155Top 50 Listed Companies by Free-float Market Capitalization ............................................................................157Dividend Distribution by Listed Companies in 2009.........................................................................................159Name Changes of Listed Companies in 2009................................................................................................175Changes of Stock Short Names in 2009.......................................................................................................178Companies Subject to Delisting Risk Warnings in 2009...................................................................................180Companies Subject to Other Kind of Special Treatment in 2009........................................................................181Companies Suspended from Listing in 2009..................................................................................................181Companies Delisted in 2009....................................................................................................................... 181Companies Whose Listings Were Restored in 2009........................................................................................ 181Companies Lifted from Special Treatment in 2009..........................................................................................182Convertible Bonds Issued by Listed Companies in 2009..................................................................................183Convertible Bonds with Detachable Warrants Issued by Listed Companies in 2009..............................................183

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Listed Warrants in 2009............................................................187

Listed Warrants in 2009 (continued) .............................................................................................................188

Bond Market...............................................................................191

Overview...................................................................................................................................................191T-bond Listing Criteria.................................................................................................................................191Corporate Bond Listing Criteria.....................................................................................................................192Application for Corporate Bond Listing...........................................................................................................192Approval of Corporate Bond Listing...............................................................................................................193Criteria for Public Issuance of Convertible Bonds by Listed Companies............................................................... 193Issuance of Convertible Bonds with Detachable Share Warrants by Listed Companies .......................................... 194Summary of T-bonds in 2009......................................................................................................................196Summary of Local Government Bonds in 2009..............................................................................................203Summary of Corporate Bonds in 2009.........................................................................................................205Monthly Bond Turnover in 2009...................................................................................................................213Monthly Bond Repo Turnover in 2009...........................................................................................................213Monthly Bond Spot Turnover in 2009........................................................................................................... 214

Funds..........................................................................................217

Overview...................................................................................................................................................217SSE Bond Market Summary........................................................................................................................ 217ETF .........................................................................................................................................................217SSE FundTrade..........................................................................................................................................218Closed-end funds.......................................................................................................................................218Summary of Funds in 2009........................................................................................................................ 219NAV of Securities Investment Funds (2009 year-end)...................................................................................... 220

Members.....................................................................................223

Overview...................................................................................................................................................223Member Supervision..................................................................................................................................223Geographical Distribution of SSE Members and Their Business Branches ...........................................................225Membership (1990-2009)..........................................................................................................................226Top 50 Members by Turnover in 2009..........................................................................................................227Top 50 Members by Registered Capital in 2009 ............................................................................................229Top Lead Underwriters of IPOs in 2009 (by Number of Deals Underwritten)........................................................231Top Lead Underwriters of IPOs in 2009 (by Number of Shares Underwritten)......................................................231Top Lead Underwriters of IPOs in 2009 (by Proceeds Raised)..........................................................................232Top Lead Underwriters of Rights Issues in 2009 (by Number of Deals Underwritten)............................................232Top Lead Underwriters of Rights Issues in 2009 (by Number of Shares Underwritten)..........................................232

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Top Lead Underwriters of Rights Issues in 2009 (by Proceeds Raised)..............................................................233Number of Trading Accounts with SSE, 1991-2009.......................................................................................234Breakdown of B-share Investors by Jurisdiction..............................................................................................234Historical Statistics......................................................................................................................................237Yearly Share Turnover Value, 1991-2009......................................................................................................237Listed Shares 1990-2009..........................................................................................................................238Historical Highs in Stock Turnover.................................................................................................................239Daily All-time Highs in Turnover Value.............................................................................................................239Monthly All-time Highs in Turnover Value........................................................................................................ 239Quarterly All-time Highs in Turnover Value.......................................................................................................239Top 10 Increases in SSE 180 Index (in percentage)........................................................................................241Top 10 Decreases in SSE 180 Index (in percentage).......................................................................................241Top 10 Increases in SSE 180 Index (in point) ................................................................................................241Top 10 Decreases in SSE 180 Index (in point)...............................................................................................242Top 10 Increases in SSE Composite Index (in percentage)...............................................................................243Top 10 Decreases in SSE Composite Index (in percentage)..............................................................................243Top 10 Increases in SSE Composite Index (in point)........................................................................................243Top 10 Decreases in SSE Composite Index (in point).......................................................................................244Major Events and Milestones in SSE History................................................................................................... 245World Securities Markets.............................................................................................................................257

Major Publications ....................................................................259

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Shanghai Securities Market

Historical Review

Shanghai was the first city in China to see stocks, stock trading and stock exchanges. Stock trading started in Shanghai as early as 1860s. In 1891, the Shanghai Sharebrokers Association was established, which was regarded as the primitive form of stock bourses in China. Later in 1920 and 1921, the Shanghai Security Goods Exchange and the Shanghai Chinese Security Exchange commenced operations respectively. By the 1930s, Shanghai had emerged as the financial center of the Far East, where both Chinese and foreign investors could trade stocks, debentures, government bonds and futures. In 1946, Shanghai Securities Exchange Co.Ltd. was created on the basis of Chinese Security Exchange, but ceased operations three years later in 1949.

Since 1980, China’s securities market has evolved in tandem with the country’s introduction of reform and opening up policy and the development of socialist market economy. In 1981, trading in treasury bonds was resumed. In 1984, stocks and enterprise bonds emerged in Shanghai and a few other cities. On November 26, 1990, Shanghai Stock Exchange (SSE) came into existence, and on December 19 of the same year, it started formal operations.

Today, Shanghai securities market has embarked on a new phase of growth, which can be seen in the following aspects:

1. Brisk market expansion. As at the end of 2009, SSE had a total of 870 listed companies and 1,351 listed securities with RMB 18,465.523 billion market capitalization and 89.6543 million trading accounts. In 2009, listed companies raised RMB 334.315 billion on SSE through IPO and new share placement.

2. Sophisticated infrastructure. After decades of development, SSE has significantly enhanced its technological advantages. It has put into operation the world’s most advanced new generation trading system (NGTS), built the global largest stock exchange database, launched a powerful and robust new generation website and established a first-class computer room. In addition, SSE has built a nation-wide securities-specific satellite communication network with complete functions and the largest user base in China.

3. Improved market compliance. SSE has established a robust and real-time market monitoring system appropriate for market operations. It has put in place a self-regulatory framework that focuses on supervision of listed companies, SSE members and the securities market.

Securities Products

Securities listed on SSE fall into four categories: stocks, bonds, funds and warrants. Stocks are further divided into Class A Shares and Class B Shares, with A Shares limited to domestic investors as

well as QFIIs only while B Shares available to both domestic and foreign investors. In 1990, the first batch of 8 A Shares were listed. In 1992, the first B Share made debut on the stock market. With the listing of a large number of large, leading and high-quality enterprises, SSE has begun playing its role as a barometer of the national economy. By the end of 2009, there were 860 A Shares and 54 B Shares listed on SSE. Bonds traded on SSE include treasury bonds (T-bonds), local government bonds, corporate bonds (including those approved by the State Development and Reform Commission), corporate bonds with detachable warrants, and convertible corporate bonds. As at the end of 2009,

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SSE had a total of 411 bond products, including 110 T- bond spot, 50 local government bonds, 59 bond repo, 165 corporate bond spot, 9 convertible bonds and 18 corporate bonds with detachable warrants. Early in 1998, 4 securities investment funds were listed on SSE, marking the advent of a new epoch for China’s mutual funds. By the end of 2009, 18 securities investment funds were traded on SSE, including 5 exchange-traded funds (ETFs). Warrants were first listed on SSE in 2005. By the end of 2009, there were 8 warrants traded on SSE.

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2009 Market Review


2009 Market Review

2009 Market Review

Overview

In 2009, the total turnover on SSE was RMB 44,187.467 billion, up 62.55% from the previous year. Stock transactions were RMB 34,651.191 billion, representing 78.41% of the total turnover. Bond transactions hit RMB 3,980.634 billion, accounting for 9.01% of the total turnover. Fund transactions reached RMB 654.906 billion, making up 1.48% of the total. Warrant transactions stood at RMB 4,900.736 billion, constituting 11.09% of the total. The average daily stock transactions were RMB 142.013 billion, up 93.62% from 2008; daily bond transactions stood at RMB 16.314 billion, 37.40% higher than a year earlier; daily fund transactions hit RMB 2.684 billion, up 214.65% from the previous year; and daily warrant transactions were RMB 20.085 billion, down 17.13% year on year. When calculated by tradable shares, the turnover rate of stocks was 504.37%.

SSE 50 Index opened the year at 1,411.08 points and soared 84.40% to close the year at 2,553.80 points after touching a yearly high of 2,829.80 points and a yearly low of 1,402.05 points, with a volatility of 103.23%. SSE 180 Index started the year at 4,122.80 points and surged 91.77% to end the year at 7,762.26 points after hitting a yearly high of 8,456.56 points and a yearly low of 4,098.25 points, with a volatility of 106.35%. SSE Composite Index opened the year at 1,849.02 points and jumped 80.00% to finish at 3,277.14 points after making a yearly high of 3,478.01 points and a yearly low of 1,844.09 points, with a volatility of 88.60%.

By the end of 2009, SSE recorded a total of 89.6543 million trading accounts. Of the total, 72.5503 million were A-share accounts, 1.5033 million were B-share accounts and 15.6007 million were mutual fund accounts.

Securities Issuance and Listing

As at the end of 2009, there were 870 listed companies on SSE, with 9 new listings in the year. As at the end of the year, there were 914 listed stocks on SSE with a total market capitalization of RMB 18,465.521 billion and free-float market capitalization of RMB 11,480.499 billion, representing a leap of 89.87% and 255.37% from the previous year respectively. The year-end total share capital of all the listed companies reached 1,665.996 billion shares, of which 1,157.856 billion shares or 69.50% were tradable.

In 2009, the total amount of equity funds raised was RMB 334.315 billion, ranking SSE at No. 5 globally and No. 3 in Asia.

Market Operations

1. Launching NGTS for enhanced operational safety

(1) Making all-out efforts to ensure complete market readiness for the launch of the new generation trading system (NGTS). We thoroughly comprehended and fully carried out the instructions delivered by Mr. Shang Fulin, Chairman of China Securities Regulatory Commission (CSRC), Mr. Gui Minjie, CSRC Vice Chairman, and the CSRC Chairman’s Office regarding the launch of the NGTS. We set up the NGTS launch headquarters and initiated the “special working month for the launch of the NGTS”. We also carried out lab testing, end-to-end testing and a nationwide drill to make sure that market participants met the conditions for switching the NGTS. In the year, we constantly reviewed and enhanced emergency procedures and processes and improved the operation team’s capability to deal with practical

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problems in a timely manner. For the 4 types of members with a large scale and complicated technical systems, we offered specific technical guidance and support. In addition, we issued the Implementing Rules on Dealing with Extraordinary Trading Situations (Trial) and urged market participants to establish corresponding quick response and disposal mechanisms. We also made coordination with core news media and network media for proper publicity and coverage and strengthened guidance on public opinion and monitoring of network information.

(2) The NGTS successfully went live after active mobilization and careful preparation. On the next trading day after the NGTS was put into operation, turnover of Shanghai market hit a record high of RMB 295.1 billion. Despite this, the NGTS and the 16 related peripheral systems including the communication system and surveillance system remained intact and functioned properly. The successful launch of the NGTS was highly recognized and widely acknowledged by market participants, various circles, mainstream media and network media as well as investors as it provided a strong technical support for the steady development of China’s capital market, the transformation of Shanghai into an international financial hub and the building of SSE into a leading global bourse.

(3) Ensuring safe operation of the former trading system, handling public grievances and maintaining social stability. The former trading system that had been in service for 17 years remained in safe operation until the NGTS was put into use. In the year, we also established a cooperation mechanism for dealing with pubic complaints and satisfactorily accomplished the task of maintaining social stability during the 60th anniversary of the PRC. During the period when a lot of litigation disputes erupted over warrants, we spared no effort to properly settle relevant cases and assisted the court in confirming the legitimacy of SSE warrant system and relevant regulatory measures. TopView went out of service smoothly.

2. Stepping up M&A and restructuring activity and making fresh progress in the development of blue-chip market

(1) Implementing IPO reform measures and resuming IPO activity. In the year, we amended IPO and listing rules and operational processes. After the resumption of IPOs in June, 9 companies launched IPOs, raising RMB 125.1 billion in total. Meanwhile, we held many experience-sharing sessions and forums to facilitate restructuring and listing of SOEs and listing of H Shares in the A-share market. We compiled a list of the most viable listing candidates, facilitated communications with respect to the proposed IPOs under the CSRC review, made visits to selected enterprises and promoted allocation of listing resources between SSE and Shenzhen Stock Exchange (SZSE).

(2) Increasing the number of visits and facilitating expansion and development of listed companies. In the year, we streamlined relevant M&A and restructuring policies and regulations, compiled an essential handbook for listed companies, enriched M&A and restructuring database, and offered professional guidance and training. We also launched an award to recognize excellent M&A and restructuring cases while issued regulatory letters to those failing to meet their restructuring commitment. During the year, SSE executive members led a number of teams to visit 27 provinces or autonomous regions and signed MOUs regarding capital market services with 7 provincial-level government agencies. In addition, we completed review of major asset restructuring proposals of 93 companies, which was 110% more than the same period of the last year. 28 companies implemented M&A and restructuring plans.

(3) Studying relevant rules and preparing for the launch of the International Board. We set up an International Board preparatory team which drafted and amended International Board listing rules, trading rules and the MOUs with overseas leading exchanges and also coordinated such rules with that of the CSRC and China Securities Registration & Depository Corporation Limited (SD&C). Based on a survey among the overseas enterprises and red-chip companies

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that have interest in listing on the International Board, the preparatory team proposed a differentiated approach to foreign companies and red-chip companies in a bid to create favorable external environment for the building of the International Board.

(4) Improving corporate governance and compliance level. In the year, we established a corporate governance committee, sponsored and presented a corporate governance award and conducted the first annual assessment of company secretaries. We also worked out a three-year action plan for corporate governance of listed companies and released the Guidelines on the Rating of Corporate Governance of Listed Companies. Listed companies falling within three categories including those in SSE corporate governance sector were required to disclose their internal control self-assessment reports and social responsibility reports.

3. Developing bond market to serve national economic development

(1) Making concerted efforts to facilitate listed lenders’ participation in SSE bond market. In the year, we actively implemented the guiding principles of the relevant circulars issued by the CSRC and China Banking Regulatory Commission (CBRC). We held discussions with and visited each of the 14 listed commercial banks. We also developed market participation guidelines for commercial banks and delivered professional training sessions. Additionally, we thoroughly discussed clearing arrangement with SD&C and sought support from competent authorities.

(2) Adopting differentiated approach for administration of corporate bonds and actively developing the corporate bond market. In the year, we set the classification standards for corporate bonds, designated different trading platforms for different corporate bonds and amended the Rules on the Listing of Convertible Bonds. We also created a special section on SSE website for one-stop services for corporate bonds, increased the number of corporate products and expanded the size of custody. In 2009, 60 enterprise bonds were issued through SSE trading system and 127 enterprise bonds got listed on SSE, with both figures hitting record highs. The amount of enterprise bonds under custody increased by RMB 20.2 billion or an increase of 60% over the previous year. 24 new corporate bonds were listed on SSE with a total issuance of RMB 45.56 billion or an average growth of more than 89.8% over the previous year. Bonds were actively traded.

(3) Formulating development plan and reinforcing infrastructure. We developed the SSE Three-year Development Plan for the Bond Market, worked out the plan for integration of bond trading systems and set the timetable.

4. Tightening supervision and preventing market risk

(1) Launching the “Supervisory Action Season” program and establishing SSE’s supervisory authority. In the year, we developed a regular liaison meeting mechanism for all supervisory departments in order to coordinate various supervisory efforts. We identified the key, hot, difficult and risky areas in supervision and reinforced the synergy among internal departments. Our supervisory focus was directed to early prevention and timely suppression in order to improve the effectiveness and pertinence of supervision.

(2) Focusing supervisory attention on high-risk listed companies. We thoroughly investigated and sorted the risks identified in our day-to-day supervision and disclosed in annual reports, and urged the companies concerned to fulfill the obligation of timely disclosure and rectification. Besides, we studied improving the trading suspension system and corporate disclosure review system. We also strengthened the qualification management of directors, independent directors, board secretaries and sponsors and severely punished non-compliance in order to establish an effective supervisory deterrent.

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(3) Intensifying day-to-day supervision and enhancing members’ client management and service level. With respect to the misconduct of some members in clients’ illegal warrant trading and IPO speculation, we urged the members to assume their responsibilities for client management. Besides, we organized a series of activities, such as collection of member feedback, evaluations, on-site visits and interactions with members, to further improve members’ management of clients. In the year, we also did a lot of research on the business rules relating to the management of non-member trading participants. We strengthened technical service for members as part of our efforts to incorporate technical supervision into service.

(4) Keeping updated on new developments in the market and ensuring an open, fair and equitable market. We conducted thematic supervision over short-term manipulation, IPO speculation, hot money speculation, self-styled stock gurus, unauthorized stock trading and warrant speculation. We improved the comprehensive supervision model of “ex ante prevention, interim intervention and ex post punishment”. We deepened internal and external supervisory collaboration for resolute intervention with and timely prevention of misconduct and achieved a satisfactory result. In the year, we also developed the Implementing Rules on Market Surveillance.

(5) Leveraging the role of self-regulatory mechanism to promote legal research and legal system construction. In the year, the Disciplinary Sanction Committee examined 109 sanction cases. We enhanced the operating mechanisms of the Disciplinary Sanction Committee and the Review Committee, summarized and analyzed the overall situation as well as procedural and substantive issues, and developed relevant reports and guidelines. Besides, we cleaned up and evaluated the organization’s rules and met our expected goal of slashing the rules by 1/3. We also compiled and published Securities Law Forum which focuses on the development of the capital market as well as difficult and key issues in the organization’s legal system construction.

5. Integrating investor education resources and advancing the “six ones” project

(1) Enhancing the working mechanism for integration of resources. We took the lead in establishing a regular meeting system for investor education and a liaison system for member companies’ investor education activities. We also deepened cooperation with mainstream news media to further extend the influence of investor education initiatives.

(2) Implementing the “four-in-one” idea based on business needs. Concerning risk disclosure on expiring warrants and development of innovative products, we made efforts to combine investor education with institutional building, front-line supervision, market innovation, industry self-discipline and complaints handling for the purpose of implementing the “four-in-one” idea of incorporating education, service, supervision and protection in investor education. Besides, we held a large-scale essay contest with the theme of “Investors and I on March 15, the Consumer Rights Day”, and completed the Report on the Structure and Behaviors of Investors in Shanghai Securities Market (2009).

(3) Reinforcing platform construction through the “six ones” project. We optimized one investor education website, set up one securities mock trading platform, launched one investor education video program called “Securities Lecture Room”, compiled one book series on investor education, formulated one set of rules including the Standards and Procedures for Determining Improper Practices and trained one group of qualified investors (the “six ones”).

(4) Making use of our functional advantage to build a qualified investor base. Seizing the opportunity of developing management solutions for qualified investors participating in the bond quotation repo business, we studied the business model and institutional building for qualified investors and formulated the “Measures for the Administration of Qualified Investors”. In the year, we developed 6388 new qualified investors.

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6. Seizing opportunities to make new breakthroughs in product and business innovations

(1) Continuously promoting innovations in the development of cross-market and cross-border products with two more ETFs released. In the year, we completed the listing of SSE Central SOEs 50 Index ETF, SSE 180 Corporate Governance Index ETF and their feeder funds and also finished the design, technical development and market preparation of CSI 300 Index ETF and its feeder fund. We advanced the development of cross-border ETFs and finalized product plans of the first six products. We also entered into agreements with NYSE and dozens of other institutions for the development of indices and pressed on with the development of international index products. Furthermore, we started the pilot project of RMB-denominated indices in overseas markets.

(2) Making new breakthroughs in business innovation by launching the pilot program of bond quotation repo business. The pilot pledge-style bond quotation repo business was introduced and then expanded to RMB 3 billion, geographically covering Beijing, Shanghai, Guangzhou and Shenzhen. Besides, we updated trading and clearing systems in support of the IPO reform and completed a nationwide online and offline test run.

(3) Improving block trading capabilities in a systematical way and pushing for new breakthroughs. In the year, we extended the period for placing intent orders to the whole trading day, which led to a year-on-year growth of 56.35% and 91.17% in the trading value and the number of executed trades respectively. We also worked out a three-year development plan, information sharing platform plan and qualified investor credit rating plan for the block trading market.

(4) Exploring innovations in reserve products and participating in the design and discussion of relevant plans. We studied and determined the REITs trading platform and relevant risk control issues and sought and discussed product business plans. We also studied asset securitization plans of securities companies, organized expert appraisal meetings and completed feasibility appraisal reports. In addition, we studied and refined the plan for revamping the SSE FundTrade platform and actively implemented the plan.

(5) Promoting innovations in securities information services and further extending information service chains. In the year, we offered a range of new information services, such as providing stock quotes to mobile phone users, sending SMS message alerts as to the holdings of directors, supervisors and senior management of listed companies and delivering individualized data statistical services. We also optimized our website usability and launched free inquiry services with respect to the results of bidding for IPO shares.

(6) Establishing the innovation lab center and starting assessment and control of trading risk. In the year, we formally launched China’s first innovation lab center based on financial simulation and modeling technology and attained our initial construction goal. Moreover, we attempted to establish the model, assessment standard, control plan and testing mechanism for trading risk in the securities market by learning from the experience of international market.

7. Stepping up internal management and risk management and further developing the talent pool

(1) Focusing research on difficult and key issues and actively improving internal management level. We issued the Decision on Further Strengthening Internal Management and Risk Management to Speed up the Building of a World-class Stock Exchange under the New Situation. We requested all departments to sign letters of responsibility to increase supervision on their work performance. In the year, we also strengthened the confidentiality management of classified computers and removable storage media. Our confidentiality management level with respect to high technology was significantly improved.

(2) Accelerating the creation of a talent pool based on the principle of “following the strategy and driving growth”.

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We developed the staff development outline, initiated the “Partner Program”, and launched a pilot internal talent market. We designed and implemented ten training series and established a team of internal trainers. We introduced an open competition mechanism in the selection of candidates for overseas study. In the year, we organized 45 training programs. We also strengthened the performance management system and severely punished those breaching the rules.

(3) Understanding the value orientation and cultural needs of staff and strengthening the shaping of the organization’s cultural value and the construction of cultural carrier. We have developed a three-year planning framework and relevant appraising rules for cultural construction, implemented on a trial basis the system of “compiling journals in turn by different branches “, held poetry reading sessions to celebrate the 60th Anniversary of the People’s Republic of China, and created a cultural atmosphere of “loving reading and reading good books” within the organization. In the year, we also formed a volunteer team, organized social welfare activities such as book donations, environmental protection, respecting for the aged and charity sales, developed the continuing assistance program for Hope Primary Schools, set up a chorus and held “Shadow Boxing” training popular among staff.

(4) Established a long-term cost control mechanism and practicing strict economy. In the year, we strengthened budget management and increased disclosure of expenditures. We also carried out strict review of projects and rigorous approval of daily expenses. Through constant efforts, our business and administrative expenses stayed at a low level.

(5) Continuously strengthening internal control and further improving risk management level. We enhanced the financial management system of SSE and its subsidiaries. We drafted basic rules on internal control, conducted internal audit and project audit, formulated risk management rules, and studied the creation of an IT platform for risk management. We also established a special procurement institution, solved the problems in physical asset management and improved our management of matters related to going abroad.

(6) Strengthening news media propaganda and guiding market opinion. In the year, we became a board member of the Internet Society of China (ISC) and signed strategic cooperative agreements with six leading websites including Sina.com. We also constructed a framework for seamless communication and collaboration among the six exchanges in China and two SSE subsidiaries concerning news media management.

(7) Improving internal organizational structure and beefing up management of subsidiaries and key projects. In the year, we completed the establishment or dissolution of almost 20 work groups. We made another revision of the rules on the management of subsidiaries. We also set up a civil work group and the Bamboo Park project supervision team. Furthermore, we prepared three fundamental documents concerning the management of the Shanghai Financial Exchange Square project. We also developed the corporatization plan for our technical team.

8. Enhancing infrastructure and improving competitiveness

(1) Aligning SSE strategic plan with national strategy. We revised our strategic plan according to the plan of the State Council to turn Shanghai into a major international financial center and shipping hub. We also held a seminar on the development of Shanghai as a financial center and the growth of SSE. Additionally, we summarized and assessed our implementation of SSE strategic plan in the previous year.

(2) Strengthening institutional building and meeting annual goal for review of SSE rules. SSE internal rules and regulations were simplified by one third after the overhaul. Besides, we formulated rules on the development of and guidelines on the supervision and assessment of internal rules and regulations. We also perfected the intellectual property management system and assessed the implementation of SSE rules.

(3) Developing information strategy plan and accelerating IT application. We studied and established a legal and regulatory compliant and sustainable information business model. We led the formulation of the Measures on the

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Administration of Information Resources of Stock and Futures Exchanges in conjunction with Shanghai Futures Exchange (SHFE). We also developed implementing rules on statistics management. In addition, we strengthened management of index vendors and prepared a white paper on XBRL application.

(4) Reinforcing infrastructure for R&D innovation and increasing independent research capacity and outward influence. We started preparations of SSE R&D Center, recruited the first and second groups of post-doctorates and established the performance assessment rules for post-doctorates. We also selected the eighth group of experts for the senior financial expert center and started the 20th phase of joint research program.

(5) Participating in international exchanges and promoting internationalization of SSE. Through our efforts, significant progress was made in the WFE’s proper handling of Taiwan-related matters. In addition, SSE and HKex signed an agreement on regular meeting for management and on mutual visits and training for executives. So far, SSE has inked MOUs with 36 overseas exchanges. We also conducted thematic studies on the trends of our international counterparts against the backdrop of the financial crisis.

(6) Accelerating construction of the Exchange Square and other bases. We completed the conceptual design, the communication and coordination with government agencies and the selection of advisors for the Shanghai Financial Exchange Square. The short-listed design plans were further refined. Close attention was also paid to the research and site selection of the R&D base and remote disaster data backup center.

(7) Initial results were achieved in the construction of the Enterprise Resource Planning (ERP) project. We successfully launched the self-developed, self-managed and self-maintained Phase I of ERP project and started Phase II of ERP project. We also constructed a low cost prototype system for simulation of SSE business processes, marking a good start for the construction of the Business Process Management (BPM) system.

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2009 Market Review

Introduction to SSE NGTS

In the year 2009, SSE completed the upgrade of the trading system through collaboration across functions in the organization and the participation of all the market players and after 7 rounds of end-to-end testing, 2 destructive tests, 2 pressure tests and 3 nationwide drills. The major changes include:

The single trading host for market service was changed to multiple parallel hosts, thus removing the ceiling for expanding market capacity and peak performance. When the New Generation Trading System (NGTS) went live, 6 trading hosts were deployed. The order processing capacity was increased from some 50,000 orders per second to around 90,000 orders per second, the number of orders in the system was expanded from 55 million per day to 180 million per day, and the number of orders executed was increased from 71 million per day to 350 million per day. After closing of the market, data can be sent to the market at a much earlier time. In the future, the system may be further expanded by adding more hosts according to the needs of business growth to achieve significant and quick improvement of the performance and capacity.

The upper limit of internal data was adjusted from 32nd power of 2 to 64th power of 2. The capacity of interface with SD&C was also expanded. For instance, the position limit on a single security held by a single securities account was expanded from 1 billion to 1 trillion, thereby laying a technical foundation for the full circulation of mega-cap blue chips.

Some 50 gateways were reduced to 30 communications servers. Moreover, by adding the access layers of extranet, the various routers of Shanghai Stock Communication Co. Ltd. were converged before connection to the host, instead of connecting to the host separately as before. While reducing trading cost, the new access model provides space for flexible expansion to facilitate future access by market participants through different links.

Some 100 PCs in the core network were shut down and their functions were moved to the sub-systems of external interface, storage gateway or message bus, which further improved the operational safety level, enhanced system integration, significantly reduced manual operations and lowered the potential impact of computer virus on operational safety.

The multi-layer deployment of the core network was changed to router structure to prevent the impact of broadcasting storm on system operation. Besides, two sets of fully independent intranets, in addition to their mutual backup functions, can provide inter-connection capacity of up to 2G for trading hosts.

With respect to business functions, in addition to supporting all the functions that have been used for many years, expansion space is reserved to accommodate trading mode innovation, trading mechanism innovation and product innovation. Furthermore, the integrated and optimized data interface that links SSE business system allows innovation to be made in a loose coupling mode.

With respect to market interface, in addition to supporting the traditional SQI interface and significantly decreasing interface delay, the protocol data interchange format that is compatible with the international standard is reserved in order to provide extensible interface for business innovation and program trading by market participants.

Along with the launch of the NGTS, the infrastructures that provide data interchange services for critical production systems, including storage gateway, message bus as well as the intranet, were switched into operation simultaneously. Meanwhile, the upgraded third generation market surveillance system (3GSS), Level 2 market data, communications system, etc. also went live. Further, the block trading system and the Fixed Income Platform also completed interface switching.

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Introduction to SSE Third Generation Surveillance System

The third generation surveillance system (3GSS) of Shanghai Stock Exchange went live simultaneously with the third generation trading system (TGTS) on November 23, 2009.

Compared with the existing surveillance system, 3GSS is designed by drawing upon domestic and overseas advanced regulatory philosophies and technical results and has many distinct features. On the basis of integrated logon interface and enhanced authority management and audit, 3GSS combines historical data and real-time data. It can track and manage the life cycle of early warning from the perspective of status quo, role and time and re-enact the scene in which analysts have analyzed a particular early earning. 3GSS allows business personnel to define and maintain early warning rules by themselves and thus possesses some rule research capability. The powerful order book visualization analysis and knowledgebase management functions such as market replay, order structure analysis, order depth analysis and order status tracking enhance the capability to identify price manipulation, insider trading and other misconduct. 3GSS incorporates new business role and process which allow monitoring of trading products by group and therefore provide sufficient technical support for further optimization of monitoring processes.

3GSS has been constructed in strict accordance with the requirements of CMMI (Capability Maturity Model Integration) and received China securities industry’s first Certificate of CMMI Level 3 from Carnegie Mellon University. The successful launch of 3GSS has raised SSE’s market monitoring level to a new height.

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Introduction to SSE Integrated Electronic Platform for Fixed-income Securities

Established by leveraging SSE technology platform, the Integrated Electronic Platform for Fixed-income Securities

(“the Electronic Platform”) incorporates a primary dealer market making mechanism that provides increased efficiency and liquidity for the bond market. It serves as an efficient and cost-effective platform for trading fixed-income securities such as treasury bonds, enterprise bonds and asset securitization bonds on a wholesale basis.

1. Market Participants

The Electronic Platform meets the needs of a two-tiered market. For one thing, dealers can directly participate in the centralized trading on the Electronic Platform. For another, securities companies in their capacity as a dealer can trade fixed-income securities with their clients through privately negotiated OTC transactions and then send the results to the Electronic Platform.

2. Trading Instruments

The Electronic Platform selects treasury bonds, corporate bonds, enterprise bonds and convertible bonds with detachable warrants as the trading instruments. The benchmark treasury bonds selected can be reopened, i.e, the Ministry of Finance will occasionally sell additional securities of an existing issue (reopen it) with the same terms and conditions as the original securities. The reopen mechanism is intended to increase liquidity and maintain the maturity of benchmark treasury bonds. Once the pilot program for treasury bonds proves successful, corporate bonds and securitization products will also be traded on the Electronic Platform.

3. Trading Hours

At the pilot stage, spot trading hours for benchmark treasury bonds are between 9:30 and 11:30 and between 13:00 and 14:00. After the close of spot trading hours, Overnight Outright Repo will automatically lend bonds to primary dealers and freeze relevant funds accordingly. Prior to market opening on the next business day, the system will automatically transfer bonds back to the lender.

If the pilot program proves successful, Outright Repo will be launched. The trading hours for Outright Repo will be between 9:30 and 11:30 and between 13:00 and 15:00.

4. Trading Models

Transactions on the Electronic Platform are either in the form of quotation transactions or price inquiry-based transactions. Both the quotation transactions and price inquiry-based transactions are inter-dealer transactions. Quotation transactions refer to the trading model where a dealer submits quotations either anonymously or onymously to the whole market and other dealers accept its quotations. Dealers must specify their bids and offers either as firm quotations or non-firm quotations. Price inquiry-based transactions refer to the trading model where a dealer submits price inquiries to multiple (up to 5) other dealers, the inquirees provide quotations and the inquirer accepts such quotations.

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5. Settlement ModelsThe Electronic Platform will support multiple flexible settlement models in the future. For treasury bonds, T+1 net

settlement is adopted. The clearing company serves as a central counterparty (CCP) to provide guarantee for settlement of spot transactions and outright repo transactions. Both bonds and funds are settled using the existing net settlement mechanism whereby transactions are netted by the Electronic Platform and the matching system. After the pilot period, real-time, trade-by-trade settlement will be introduced.

6. Market Making Mechanism

The market making system is crucial for the functioning of the Electronic Platform and the market formation process and is at the heart of both market organization and system design. SSE has selected a group of so-called “primary dealers” from all the dealers as market makers. Primary dealers can provide margin trading and short sale facility and make continuous bilateral quotations to maintain market liquidity.

7. Information

The Electronic Platform provides quotation information and execution information. The quotation information is generated from firm quotations while execution information includes statistics information

and trade-by-trade information. Market data is disseminated through the Electronic Platform as well as SSE’s website and information vendors.

8. Trading Expenses

During the trial run period of the Electronic Platform, relevant fees are exempted with an eye to reducing cost and supporting market construction. Free services include those related to trading, settlement and information (including CA certificate), etc. After the pilot period, there will be a separate charging structure commensurate with the characteristics of bond transactions.

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Introduction on Corporate Bonds

Corporate bonds refer to the securities with a maturity of over one year issued by a company. Corporate bonds are more market-driven financing products that have evolved from enterprise bonds to meet investors’ investment needs and companies’ financing requirements. The key differences between corporate bonds and enterprise bonds are as follows:

(1) Issuers Enterprise bonds are mainly issued by institutions affiliated to Central Government departments, enterprises solely funded by the State, State controlled enterprises or other large-sized, state-owned entities. In contrast to enterprise bonds, there are no restrictions on the issuers of corporate bonds. Even small companies can issue corporate bonds so long as they meet the relevant criteria.

(2) Regulatory Authority The National Development and Reform Commission (NDRC) has authority to approve issuance of enterprise bonds while the China Securities Regulatory Commission (CSRC) has the power to ratify issuance of corporate bonds,

(3) Information Disclosure There are no stringent disclosure requirements on the issuer of enterprise bonds. Further, after the issuance, the approval authority will not monitor the issuer’s credit status and operations on an on-going basis. Contrary to enterprise bonds, disclosure requirements on corporate bond issuers are more rigid: “a company applying for issuance of corporate bonds shall disclose or provide information truthfully, accurately, completely, timely and fairly and there shall be no false representations, misleading statements or material omissions”; meanwhile, credit rating agency are required to publish a follow-up rating report at least annually during the term of the bonds.

(4) Purposes Use of the proceeds from enterprise bond issuance is generally subject to the approval of the government as enterprises bonds are directly related to government approved projects. Typically, enterprise bonds are issued to provide funding to infrastructure construction, fixed asset investment, key technical renovations, public welfare undertakings and other projects that are vital to national well-being and the people’s livelihood. Conversely, companies may file for corporate bond issuance according to their own operational needs. Moreover, the way they use the funds is an entirely internal affair of the issuer and does not require approval from the government. In practice, funds raised through corporate bond issuance are mainly used for business operations.

In addition, a shelf registration system is introduced in corporate bond issuance. Under the system, a company can apply for one-off approval and issuance of bonds in installment. The company should issue the first installment within six months following the CSRC’s approval, with the size of the first installment no less than 50% of the total issuance. The remaining portion should be issued within 24 months, with the size to be determined by the company itself.

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Major Events of Shanghai Securities Market in 2009

Month Date Event

January 9 Shanghai Financial Exchange Square broke ground.

January 9 SSE Sector Index Series and SSE 180 Style Index Series were published.

January 21 SSE and HKEx signed a closer cooperation agreement in Shanghai.

January 23 SSE issued the Circular on Specific Issues Concerning Implementation of the Measures on the Administration of Acquisition of Listed Companies.

February 5 SSE signed MOU with Abu Dhabi Securities Exchange.

February 26 SSE held the SSE international ETF symposium and the MOU signing ceremony.

March 30 SSE Central SOEs 50 Index was launched.

March 31 The CSRC issued the Interim Measures on the Administration of Initial Public Offerings and Listings of Shares on the Growth Enterprise Board, effective from May 1.

April SSE kicked off the “Supervisory Action Season” program to strengthen supervisory work.

April 3 The government bond of the Xinjiang Uygur Autonomous Region, the first local government bond, was listed on SSE.

April 8 SSE issued the English version of the Rules Governing the Listing of Stocks on Shanghai Stock Exchange (2008 Revision).

April 14 The State Council issued the Opinions of the State Council on Advancing the Development of the Modern Service Industry and Advanced Manufacturing Industry and the Establishment of the International Financial Centre and International Shipping Hub in Shanghai.

April 15 SSE signed MOU with New Zealand Exchange Ltd.

April 23 SSE Mega-cap Index was officially released.

May 4 SSE issued the Strategic Plan of Shanghai Stock Exchange for Information Development.

May 25 SSE launched the pilot pledge-style bond quotation repo business.

June 1 The period for placing intent orders for block trades was extended to the whole trading day.

June 17 SSE and SZSE released new IPO subscription rules with online subscription time reduced by one day.

June 19 The State Council required IPO companies to transfer part of their state-owned shares, if any, to the National Social Security Fund.

June 30 SSE completed its first annual appraisal of board secretaries of listed companies.

June 5 SSE launched China’s first innovation lab platform that is based on financial simulation and modeling technology.

July 3 SSE published SSE Small-cap Index, SSE Mid-cap Index, SSE Small & Mid-cap Index and SSE All-share Index.

July 3 The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) released three documents including the Several Opinions on Regulating the Conduct of State-owned Shareholders of Listed Companies.

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Month Date Event

July 14 The Securities Lecture Room, an investor education video program produced by SSE in collaboration with industry experts, was formally launched.

July 15 Sichuan Expressway launched its IPO, marking the resumption of China A-share IPOs.

July 15 SSE issued the Guidelines on the Formats of Ad Hoc Reports of Listed Companies (2009 Revision).

July 16 SSE issued the Guidelines of Shanghai Stock Exchange on Ongoing Supervision and Guidance of Listed Companies.

August 5 SSE Social Responsibility Index was published.

August 7 The CSRC issued the Standards on the Contents and Formats of Special Asset Management Contracts between Fund Management Companies and Multiple Clients.

August 25 SSE issued the Guidelines of Shanghai Stock Exchange on the Selection, Appointment and Conduct of Directors of Listed Companies.

August 25 SSE Private Enterprise 50 Index was published.

August 31 SSE 180 Corporate Governance Index ETF Feeder Fund was successfully offered.

August 31 SSE signed MOU with Colombo Stock Exchange.

September 21 ERP phase I went live.

September 25 The first batch of 10 ChiNext candidates kicked off their online IPO subscriptions.

October 19 SSE launched share outright repo business on a trial basis.

October 23 Shenzhen Stock Exchange officially launched ChiNext, China’s Nasdaq-style growth enterprise market.

October 27 SSE Central SOEs 50 Index ETF was offered and listed.

October 30 The first batch of 28 ChiNext companies were listed.

November 2 SSE issued the Implementing Rules of Shanghai Stock Exchange on Dealing with Extraordinary Trading Situations (Trial).

November 17 The CSRC issued the Interim Measures on the Administration of the Business of Evaluation of Securities Investment Funds, effective from January 1, 2010.

November 23 SSE NGTS went live and was put into trial operation.

November 23 The CSRC issued the Decision on Amending the Measures on the Administration of Securities Registration and Clearing, with the amendment to be effective on December 21.

November SSE solicited comments from SSE listed companies on the Guidelines of Shanghai Stock Exchange on the Conduct of Controlling Shareholders and De Facto Controllers of Listed Companies (Draft Exposure) in the “Listed Companies Section” of SSE website.

December 15 SSE Corporate Governance Index ETF was listed on SSE.

December 18 SSE hosted the 8th China Corporate Governance Forum.

December 21 SSE inked MOUs on strategic cooperation with core network media including Sina.com.

December 31 SSE published “Investor Education Book Series”.

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Month Date Event

December 31 The Ministry of Finance, the State Administration of Taxation and the CSRC jointly promulgated the Circular on Levying Individual Income Tax on the Income Derived from Individual Transfer of Restricted Shares of Listed Companies. From January 1, 2010, any individual’ income from selling of restricted shares of a listed company is subject to the individual income tax at a tax rate of 20%.

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Market Highlights

2009 2008 2007

Listed Securities (as at year end)

No. of listed companies 870 864 860

No. of listed securities 1351 1184 1125

No. of listed stocks 914 908 904

No. of new listings 9 6 25

Share capital issued (100 million shares) 16659.97 15410.39 14173.1

Tradable shares (100 million shares) 11578.56 4916.04 3399.3

Total market capitalization (RMB100 million) 184655.21 97251.91 269838.87

Market capitalization of tradable shares (RMB100 million) 114804.99 32305.91 64532.17

Total capital raised (RMB100 million)

A Shares (RMB) 3343.15 2238.16 6701.33

B Shares (US dollar) 0 0 0

TransactionsNumber of trading days 244 246 242

Annual turnover value (RMB100 million) 441874.67 271842.03 380025.56

Stock 346511.91 180429.95 305434.29

Fund 6549.06 3700.23 4298.24

T-bonds 39806.34 28090.63 20399.37

Warrants 49007.37 59621.21 49893.66

Others 0 0 0

Average daily turnover value (RMB100 million) 1810.96 1105.05 1570.35

Average daily stock turnover value (RMB100 million) 1420.13 733.46 1262.13

Annual stock turnover volume (100 million shares) 33679.64 16311.6 24325.38

Average daily stock turnover volume (100 million shares) 138.03 66.31 100.52

Total number of stock trades (10,000 deals) 214261.01 127884.22 161733.25

Average number of daily stock trades (10,000 deals) 878.12 519.86 668.32

Stock IndicesSSE 180 Index yearly high 8456.56 12884.16 13325.04

SSE 180 Index yearly low 4098.26 3600.6 4750.22

SSE 180 Index year-end close 7762.92 4047.99 12024.6

SSE Composite Index yearly high 3478.01 5522.77 6124.04

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SSE Composite Index yearly low 1844.09 1664.92 2541.53

SSE Composite Index year-end close 3277.14 1820.8 5261.56

Ratios

Average P/E ratio 28.73 14.85 59.238

Turnover rate 1(market capitalization)(%)

212.10 109.43 214.321

Turnover rate 2(free-float capitalization)(%)

504.37 392.52 927.193

Note: Turnover rate 1 = (Turnover value/total market capitalization) x 100%Turnover rate 2 = (Turnover value/ free-float capitalization) x 100%

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Stock Market

Stock Market

Trading Business

Trading business falls into two categories depending on whether it is provided through the trading system, namely, trading system-based business and non-trading system-based business. Trading system-based business can be further grouped into two types: centralized trading business and trading-related services. Non-trading system-based business includes negotiated transfer, warrant creation and cancellation, etc.

Centralized trading refers to the change of securities ownership effected through price inquiry, quotation and auction via the trading system of the stock exchange. Trading-related services refer to the services provided by the stock exchange through the trading system concerning offering, entitlement or trading relationship closely related to the centralized trading of securities. Compared with similar services offered through over-the-counter market, centralized trading has the following main differences: (1) services are provided through the trading system; (2) specific securities codes are assigned; and (3) trading is conducted through a broker.

Trading Relationship

SSE is open for trading from Monday to Friday. In the morning session, the market opens with a call auction between 9:15 - 9:25, which is followed by a continuous auction between 9:30 - 11:30. In the afternoon session, continuous auction runs from 13:00 to 15:00. Intent orders for block trades are accepted between 9:30 - 11:30 and 13:00 -15:30, while execution orders for block trades are accepted between 15:00 -15:30. Special block trading sessions are held irregularly and open between 15:00 -17:00 to qualified investors of SSE. Special block trading takes place on the floor of SSE on an auction, price inquiry or quotation basis and is settled on a non-guaranteed basis. The market is closed on the weekends and other public holidays as announced by SSE.

Securities are traded on SSE on a market-driven and free auction basis. Limit orders and market orders are accepted in line with market conditions. At present, trading in A Shares, B Shares and securities investment funds is subject to a 10% daily price up/down limit, except for the first trading day. Special treatment shares, or ST shares, are subject to a 5% daily price up/down limit. The price limits on warrants are based on that of their corresponding underlying securities and are determined by multiplying the conversion ratio by a certain coefficient. The price of a block trade of securities with a price limit is determined by the buyer and seller within the price limit applicable to such securities on the day of

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trading. The price of a block trade of securities without any price limit is negotiated by the buyer and seller within 30% of the previous closing price or between the highest and lowest traded prices on the day of trading. In the absence of any transaction for a particular stock, the closing price of the previous trading day will be the execution price.

Securities trading on SSE is conducted through designated brokers. All the investors that trade securities on SSE must first designate a member of SSE as an agent and sign an agreement with the agent for trading and clearing securities on their behalf. No trading is allowed before the investor’s trading account is registered with the member’s trading seat.

SSE has adopted a primary dealer system in warrant trading. Primary dealers are the securities firms that are designated by SSE for providing bilateral quotations for warrant trading. In addition, institutional market participants recognized by SSE may provide daily bilateral quotations for bonds traded on SSE’s block trading system, with the specific bonds and the spreads to be determined at their discretion to the extent permitted by SSE rules.

SSE makes timely releases of trading data and information to members and investors. Daily real-time market quotations, stock indices, clearing data, market reports and daily transaction data are transmitted to member’s counter terminals via satellite communications system or optical fiber communications system. The transaction data is instantaneously transmitted to each member via a two-way satellite system and optical fiber communications system. Since September 22, 2003, SSE has started disclosing five best quotations. Block trade data is published in SSE-designated media and released simultaneously on SSE’s website (www.see.com.cn). Apart from that, SSE also discloses more detailed information about the daily top gainers and losers on the securities market according to the trading rules.

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Table 1: Breakdown of Centralized Trading Business

No. Description of Centralized Trading Business Securities CodeType of

Business

1 A-share continuous trading at limit price 600, 601

Auction

2 A-share continuous trading at market price 600, 601

3 A-share call auction trading 600, 601

4 B-share continuous trading at limit price 900

5 B-share continuous trading at market price 900

6 B-share call auction trading 900

7 Closed-end fund continuous trading at limit price 500

8 Closed-end fund continuous trading at market price 500

9 Closed-end fund call auction trading 500

10 ETF continuous trading at limit price 510XX0

11 ETF continuous trading at market price 510XX0

12 ETF call auction trading 510XX0

13 T-bond continuous trading at clean price 009, 010

14 T-bond call auction trading at clean price 009, 010

15 Enterprise bond continuous trading at limit price 129

16 Enterprise bond call auction trading 129

17 Convertible bond continuous trading at limit price 110

18 Convertible bond call auction trading 110

19Convertible bond with detachable warrant continuous trading at limit price

126

20 Convertible bond with detachable warrant call auction trading 126

21 Old pledge-style repo continuous trading 201

22 Old pledge-style repo call auction trading 201

23 New pledge-style repo continuous trading at limit price 204

24 New pledge-style repo call auction trading 204

25 Outright repo continuous trading at limit price 203

26 Outright repo call auction trading 203

27 Warrant continuous trading at limit price 580

28 Warrant continuous trading at market price 580

29 Warrant call auction trading 580

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30 A-share block trading Same as A Shares

Price inquiry31 B-share block trading Same as B Shares

32 Closed-end fund block tradingSame as closed-end funds

33 ETF block trading Same as ETFs

34 Bond block trading Same as bonds

35 Bond repo block trading Same as bond repo

36 Asset securitization 121

37 Warrant bilateral quotation Same as warrants

Quotation

38 ETF purchase/redemption 510XX1, 510XX2

39 Tender offer 706

40 T-bond distribution 751

41 T-bond firm quotation

019 (Electronic Platform)

42 T-bond non-firm quotation

43 T-bond client enters into a transaction with primary dealer

44 T-bond price inquiry

45 Corporate bond firm quotation

122 (Electronic Platform)

46 Corporate bond non-firm quotation

47 Corporate bond client enters into a transaction with primary dealer

48 Corporate bond price inquiry

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Table 2: Breakdown of Trading-related Services

Type of Securities

No.Description of Trading-related

ServicesSecurities Code

Type of Business

Equities

1 Online fixed price offering7301 (corresponding to A-share 600),7802 (corresponding to A-share 601) Offering

2 Online price inquiry offering730 (corresponding to A-share 600),780 (corresponding to A-share 601) Offering

3Online fixed-price follow-on offering

730 (corresponding to A-share 600),731 (corresponding to A-share 600),780 (corresponding to A-share 601),781 (corresponding to A-share 601)

Offering

4Online price inquiry follow-on offering

730 (corresponding to A-share 600),731 (corresponding to A-share 600),780 (corresponding to A-share 601),781 (corresponding to A-share 601)

Offering

5Placement proportional to the existing secondary market holdings

737Offering

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Bonds

6 Rights issue

700 (corresponding to ordinary A-share 600),702 (corresponding to employee A-share 600),760 (corresponding to ordinary A-share 601),762 (corresponding to employee A-share 601)

Offering, entitlement

7 Online voting738 (corresponding to A-share 600),788 (corresponding to A-share 601),938 (corresponding to B Shares)

Entitlement

8 Password service799988 (corresponding to A Shares),939988 (corresponding to B Shares)

Entitlement

9 Offline initial price inquirySame as the stock code Offering

10 Offline book-building

11 Convertible bond offering7333 (corresponding to A-share 600),7834 (corresponding to A-share 601)

Offering

12 Convertible bond placement704 (corresponding to A-share 600),764 (corresponding to A-share 601)

Entitlement

13Conversion of convertible bonds into shares

181 (corresponding to A-share 600),190 (corresponding to A-share 600),191 (corresponding to A-share 601),192 (corresponding to exchangeable corporate bond 128)

Offering, entitlement

14 Sell-back of convertible bonds 1009 Entitlement

15Transfer of collateral bonds to collateral vault

090 (corresponding to T-bond 010),099 (corresponding to T-bond 009),104 (corresponding to corporate bond 122),105000 – 105899 (corresponding to corporate bond with detachable warrant 126),105900 – 105999 (corresponding to enterprise bond 120, 129),106 (corresponding to local government bond130),107(corresponding to discount T-bond 020)

Trading relationship

Warrants 16 Exercise of warrants 582 Entitlement

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Funds

17Subscription for closed-end funds

7355 Offering

18 Expansion of closed-end funds 705 Offering

19Subscription for open-end funds

521 Offering

20Purchase and redemption of open-end funds

519Offering, entitlement

21Designation transfer of open-end funds

522Trading relationship

22Dividend distribution by open-end funds

523 Entitlement

23 Conversion of open-end funds 524Entitlement (business has not yet started)

24 ETF offering 510XX3 Offering

Trading registration

25Designated registration/cancellation of designated trading

799998/799999Trading relationship

26Repurchase registration/repurchase cancellation

799997/799996Trading relationship

1.For any stock corresponding to the code 730 in the table, 740 and 741 are the codes assigned for the subscription funds or further issue funds of the stock and the number allotted, respectively.

2.For any stock corresponding to the code 780 in the table, 790 and 791 are the codes assigned for the subscription funds or further issue funds of the stock and the number allotted, respectively.

3.For any convertible bond corresponding to the code 733 in the table, 743 and 744 are the codes assigned for the bond issuance funds of the convertible bond and the number allotted, respectively.

4.For any convertible bond corresponding to the code 783 in the table, 793 and 794 are the codes assigned for the bond issuance funds of the convertible bond and the number allotted, respectively.

5.For any mutual fund corresponding to the code 735 in the table, 745 and 746 are the codes assigned for the purchase funds of the mutual fund and the number allotted, respectively.

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SSE Fee Schedules for Securities Transactions and Relevant Services

Note: 1.This schedule is only for reference by investors. For specific fee standards, please see the data released by

relevant fee receivers. 2.For information on registration, clearing and settlement fees, please contact China Securities Depository & Clearing

Co., Ltd. (SD&C) (Tel: 86-21-38874800).

Table 1: Fee Structure for A-share, Fund, Warrant and Bond Transactions

Category Fees Fee Standard Payer and Receiver

Opening

accounts

A Share Individual Account fee RMB 40 per account Paid by investors to SD&C

Institutional Account fee RMB 400 per account Paid by investors to SD&C

Fund Account fee RMB 5 per account Paid by investors to the account-

opening agency

Trading A Share Commission Not more than 0.3% of the traded

value, minimum charge: RMB 5

Paid by investors to securities

firms

Transfer fee 0.1% of the traded value, minimum

charge: RMB 1 (transfer fee for

special trading sessions on the block

trading system was 10% of the

normal standard and the promotion

period ended on December 31,

2009 )

Paid by investors to SD&C

Stamp duty 0.1% of the traded value (paid by the

assignee only)

Paid by investors to the tax

authorities (collected by SSE)

Securities investment

fund (closed-end fund,

ETF)

Commission 0.3% of the traded value, minimum

charge: RMB 5


firms

Warrants Commission 0.3% of the traded value, minimum

charge: RMB 5


firms

Bonds (treasury bonds,

enterprise bonds,

convertible corporate

bonds, convertible bonds

with detachable warrants,

corporate bonds, special

asset management

scheme, etc.)

Commission 0.02% of the traded value, minimum

charge: RMB 1


firms

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New

pledge-

style

T-bond

1 day Commission 0.001% of the traded value Paid by investors to securities

firms

2 days Commission 0.002% of the traded value Paid by investors to securities

firms


firms


firms


firms


firms


firms

Over 28

days

Commission 0.010% of the traded value Paid by investors to securities

firms

T-bond

outright

repo


firms


firms


firms

Block

trade

Commission, transfer fee and stamp duty same as auction trading

ETF purchase, redemption Commission Not more than 0.5% of purchase,

redemption


firms

Portfolio

securities

transfer fee

0.05% of par value of shares

transferred, 0.025% for the first 3

years


firms

Exercise of warrants Underlying

securities

transfer fee

0.05% of par value of the shares

transferred


firms

Table 2: Fee Structure for B-share Transactions


Opening accounts

Individual Account fee US$19 per account Paid by investors to SD&C

Institutional Account fee US$85 per account Paid by investors to SD&C

Change of clearing members

Account fee US$2 per account Currently not collected

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Trading

Commission

Not more than 0.3% of the traded value, minimum charge: US$1

Paid by investors to securities firms

Clearing fee0.05% of the traded value


Stamp duty 0.1% of the traded value (paid by the assignee only)

Paid by investors to the tax authorities (collected by SD&C)

Non-trading transfer for correcting erroneous transaction

Processing fee US$30 per dealPaid to SD&C by the party that made the error

Modification of the code of the clearing member

Processing feeUS$10 per item, no more than US$ 50 per order

Paid to SD&C by the party that made the error

Block trade Commission, clearing fee and stamp duty same as auction trading

Table 3: Fee Structure for Non-trading Services


Registration of pledge

A Share, fund, T-bonds and enterprise bonds

Processing fee

0.1% of par value, and 0.01% for the part exceeding RMB5 million, minimum charge: RMB100


ETF Processing fee 0.005% of par value, minimum charge: RMB100


Designation transfer

Inter-seat of enterprise bonds

Processing fee RMB30/itemPaid by investors to SD&C

Inter-market of T-bonds Processing fee 0.005% of par value, minimum charge of RMB10 per item, maximum charge: RMB10,000


Stop and reopening of account A Share

Same as original number

Additional service RMB10 per accountPaid by investors to the account-opening agency

New account

Additional service Same as opening new accountsSame as opening new accounts

Fund Same as original number

Additional service RMB10/accountPaid by investors to the account-opening agency

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B Share

Same as original number

Additional service RMB10/accountPaid by investors to the account-opening agency

New account

Additional serviceSame as opening new accounts

Account closure (A Share and fund) Account closure fee

RMB5/accountPaid by investors to the account-opening agency

Merger of accounts (A Share and fund) Processing fee RMB10/accountPaid by investors to the account-opening agency

Enquiry of account opening details (A Share and fund)

Enquiry fee RMB5/accountPaid by investors to the account-opening agency

Enquiry

Records of securities transfer

Enquiry feeRMB20/year/account/ time, RMB100/floppy, RMB500/disc

Paid by investors to relevant company (SD&C or the securities firm)

Balance of account Enquiry fee RMB50/account/time for institutions, and RMB20/account/time for individuals

Paid by investors to relevant company (SD&C or the securities firm)

Other servicesFee items, standards and collection methods as per the provisions on the relevant services

Table 4: SSE Fee Structure and Taxes

Category Fees Fee StandardPayer and Receiver

Trading A Share

Handling Fee0.011% of traded value (two ways)

Paid by SSE members to SSE

Securities management fee

0.004% of traded value (two ways)

Paid by SSE members to the CSRC (collected by SSE)

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Stamp duty0.1% of traded value (one way)

Paid by investors to the tax authorities (collected by SSE)

B Share






Securities investment fund (closed-end fund and ETF)

*Handling Fee*






Warrants






T-bonds, enterprise bonds, convertible corporate bonds, convertible bonds with detachable warrants, etc.)

Handling Fee

0.001% of traded value (two ways) (exempted from October 6, 2008 to November 30, 2010)





Corporate bonds Handling Fee

0.001% of traded value (two ways) , not more than RMB 150 per deal (exempted from October 6, 2008 to November 30, 2010)


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New pledge-style T-bond repo

1 day Handling Fee0.00005% of traded value (two ways)

(Exempted from October 6, 2008 to November 30, 2010)


2 days Handling Fee0.00010% of traded value (two ways)












More than 28 days



T-bond outright repo


(Ditto )






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Block trade

A Share, B Share and securities investment fund

Handling Fee

30% lower than the same product at auction market (handling fee for special trading sessions on the block trading system was 10% of that for auction trading, i.e., 0.0011% of traded value, and the promotion period ended on December 31, 2009)



Same as auction trading


T-bonds, enterprise bond spot, repo, convertible corporate bonds

Handling Fee

10% lower than the same product at auction market (exempted from October 6, 2008 to November 30, 2010)


Same as auction trading


ETF purchase and redemption Handling Fee exempted temporarilyPaid by SSE members to SSE

Transfer of special asset management scheme Handling Fee0.0009% of the amount transferred


Issuance

Subscription for new shares Handling Fee0.012% of traded value, exempted temporarily


Subscription for convertible bonds Handling Fee0.01% of traded value, exempted temporarily


Subscription for investment fund Handling Fee 0.0085% of traded value Paid by SSE members to SSE

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Rights issue, transferred rights issue, employee rights issue, state-owed shares placement, shares allotted with convertible bonds

Handling Fee0.01% of traded value, exempted temporarily


Placement of investment fund Handling Fee0.0085% of traded value (two ways)


Listing

A Share

Initial listing fee

0.03% of total share capital, not more than RMB 30,000

Paid by the listed company to the SSE

Annual listing fee

0.012% of total par value listed, not more than RMB 6,000


B Share

Initial listing fee

0.1% of total issued share capital, not more than equivalent of US$ 5,000 /year


Annual listing fee

US$ 600/yearPaid by the listed company to the SSE

Securities investment fund

Initial listing fee

0.01% of total amount of the fund, minimum charge of RMB 10,000 and not more than RMB 30,000

Paid by the fund manager to SSE

Annual listing fee

RMB 6,000/yearPaid by the fund manager to SSE

WarrantsInitial listing fee

RMB200,000Paid by the issuer to the SSE

Enterprise bonds

Initial listing fee

0.01% of total listing amount, minimum charge of RMB 8,000, not more than RMB 40,000 (exempted temporarily)

Paid by the issuer to the SSE

Annual listing fee



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Convertible corporate bond

Initial listing fee



Annual listing fee

RMB 6,000/year (exempted temporarily)


Seats

Non-B-share seat Initial fee RMB 0.6 million/ seatPaid by SSE members to SSE

B-share seat Initial fee US$ 75,000/seatPaid by SSE members to SSE

Participant business unit (PBU) PBU use fee

A member can use one PUB free from charge for each seat it holds. For each additional PUB, the member is required to pay RMB 50,000 per year. (Exempted from use fees for bond spot and repo transactions from October 6, 2008 to November 30, 2010)


Transfer rate fee

If the sum of all transfer rates of a member relating to access to the trading system exceeds the fee-free limit, for the excess transfer rate, the member is required to pay RMB 10,000 for each standard transfer rate per year. (Billing period began on January 1, 2008. Exempted from transfer rate fees for bond spot and repo transactions from October 6, 2008 to November 30, 2010)

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Traffic fee*

1. The billing period is from December 1 of the previous year to November 30 of the current year. 2. Traffic fee -(total number of yearly trading orders from the PBU held by the institution - 20,000 deals/year× number of seats held) × RMB 0.15+(total number of yearly non-trading orders from the PBU held by the institution-20,000 deals/year× number of seats held)× RMB 0.01 3. With one member or institution as the unit, minimum charge at RMB 20,000 per year. 4. For details, please refer to the Notice on Relevant Issues Concerning the Adjustment of the Annual Fee Collection Models for SSE Seats. 5. Trading participants are exempted from traffic fees for bond spot and repo transactions from October 6, 2008 to November 30, 2010)

Other servicesFee items, standards and collection methods as per the provisions on the relevant services

Note: 1.This schedule only covers SSE charges and any tax levies, exclusive of the commissions paid to the securities

firms and the charges made by SD&C.2.For information on communications and information service fees, please contact Shanghai Stock Communication

Co., Ltd. (http://www.stocom.net, Tel: 86-21-68664588) and SSE InfoNet Ltd. (Tel: 86-21-68800098) respectively.

*: For more information about reductions and exemptions of ETF transaction fees, please refer to the Circular on Reduction and Exemption of Transaction Fees Relating to Exchange-traded Funds (Shang Zheng Chan Zi (2009) No. 1).

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2009 Monthly Turnover Volume, Turnover Value and P/E Ratio

Month Turnover Volume (10,000 shares)Turnover Value(RMB 10,000)

P/E Ratio

01 13523755.84 97632796.83 16.25

02 32467514.38 263639219.56 17.00

03 28762871.94 250661314.16 19.36

04 31809926.44 301071674.76 20.20

05 24740761.70 242110230.65 22.42

06 29821042.21 308592940.57 25.30

07 41716436.75 473348150.75 29.41

08 29129250.76 333670929.92 23.00

09 25837345.49 283347041.45 24.07

10 17691409.74 200035823.57 25.98

11 34350460.15 391509476.83 27.89

12 26945649.48 319499472.05 28.73

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Top 20 Most Traded Stocks by Trading VolumeThe top 20 most traded stocks by trading volume in 2009 had an aggregate trading volume of 673.64 billion

shares, representing 19.98% of the total stock trading volume at SSE and 1.6% lower than the previous year. ICBC maintained its top spot in terms of trading volume.

Rank Code Short NameTrading Volume(10,000 shares)

Percentage in Total Market

Turnover Volume (%)

1 601398 ICBC 5918034.31 1.76

2 600050 China Unicom 5592808.55 1.66

3 600016 Minsheng Bank 5171972.70 1.54

4 601899 Zijin Mining 4850518.02 1.44

5 601668 China Construction 4312980.95 1.28

6 601939 China Construction Bank 3982770.25 1.18

7 600837 Haitong Securities 3754940.50 1.11

8 601766China South Locomotive &

Rolling Stock3348431.34 0.99

9 600019 Baoshan Iron & Steel 3156182.31 0.94

10 600005 Wuhan Iron & Steel 3120456.00 0.93

11 600030 CITIC Securities 3006761.48 0.89

12 600036 China Merchants Bank 2986344.33 0.89

13 601390 China Railway 2877044.58 0.85

14 601988 Bank of China 2674233.56 0.79

15 600028 China Petroleum & Chemical 2342123.97 0.70

16 601919 China COSCO 2133721.11 0.63

17 600000 Pudong Development Bank 2067838.94 0.61

18 600808 Maanshan Iron & Steel 2067016.70 0.61

19 601328 Bank of Communications 2000523.69 0.59

20 601168 Western Mining 1999261.98 0.59

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Top 20 Most Traded Stocks by Trading Value

In 2009, the top 20 most traded stocks by trading value had a combined turnover value of RMB 6981.731 billion, accounting for 20.13% of the total stock turnover value at SSE and 3.73% higher than the previous year. CITIC Securities topped the list for the second time in terms of trading value.

Rank Code Short NameTrading Value

(RMB 10,000)

Percentage in Total Market

Turnover Value (%)

1 600030 CITIC Securities 82873392.32 2.39

2 600837 Haitong Securities 54651562.50 1.58

3 600036 China Merchants Bank 49729825.70 1.44

4 601899 Zijin Mining 47206323.87 1.36

5 600000 Pudong Development Bank 44179077.06 1.27

6 601318 Ping An Insurance 39368536.29 1.14

7 600050 China Unicom 35796293.97 1.03

8 600016 Minsheng Bank 34609136.65 1.00

9 600547 Shandong Gold 29549331.76 0.85

10 601088 China Shenhua 28231611.94 0.81

11 600489 Zhongjin Gold 28191018.79 0.81

12 601919 China COSCO 28153760.91 0.81

13 601398 ICBC 27376195.55 0.79

14 601168 Western Mining 27288483.90 0.79

15 600028 China Petroleum & Chemical 25916157.39 0.75

16 600005 Wuhan Iron & Steel 24405263.23 0.70

17 601668 China Construction 23619651.88 0.68

18 600383 Gemdale 23256278.16 0.67

19 600019 Baoshan Iron & Steel 22151055.27 0.64

20 601166 Industrial Bank 21620143.32 0.62

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Top 20 Gainers

Rank Code Short Name2008 Year-end Close (RMB)

2009 Year-end Close (RMB)

Change (%)

1 600187 ST Interchina 0.980 7.610 676.53

2 600146 Dayuan Chemical 3.460 26.400 663.01

3 600537 Haitong Food Group 3.630 26.340 625.62

4 600139 Western Resources 7.930 25.960 541.53

5 600562 Gaochun Ceramices 4.420 25.600 479.19

6 600157 Lurun 3.470 19.370 459.21

7 600481Shuangliang Air-conditioning Equipment

3.880 21.190 457.43

8 600703 Sanan Optoelectronics 9.550 52.750 452.36

9 600807 Tyan Home 3.350 18.440 450.45

10 600252 Zhongheng Group 5.980 26.520 432.83

11 600990 Sun-Create Electronics 9.950 52.090 426.33

12 600546 Shanxi Coal International 6.680 34.390 414.82

13 600273 Huafang Textile 2.630 13.410 409.89

14 600623 Double Coin 3.610 18.260 405.82

15 600348 Guoyang New Energy 9.730 48.370 402.35

16 600575 Wuhu Port 3.090 15.200 395.95

17 600104 SAIC Motor 5.360 26.130 388.53

18 600742 FAWAY Automobile Components 5.810 28.010 386.79

19 600293 Sanxia New Building Materials 3.020 14.140 368.21

20 600595 Zhongfu Industry 5.610 25.990 365.58

Top LosersRank Code Short Name



Change (%)

1 601186 China Railway Construction 10.040 9.140 -8.07

2 600900 Yangtze Power 14.350 13.360 -5.62

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SSE Index Compilation Prepared and published by SSE, SSE indices are the authoritative statistical indices widely followed and used at

home and abroad to measure the performance of China’s securities market. SSE Index Series consists of 58 indices, including 52 equity indices, 5 bond indices and 1 fund index.

SSE Composite Index takes December 19, 1990 as the base day and the total market capitalization of all the listed stocks on the same day as the base period, with a base of 100 points. It was published from July 15, 1991 and is the most widely used index in China’s securities market.

In June 2002, SSE restructured the original SSE 30 Index and renamed it SSE 180 Index. SSE 180 Index selects 180 of the most representative stocks listed on SSE based on sector representation, size and liquidity to reflect the overall situation and operation of Shanghai securities market and serve as performance benchmark as well as underlying instrument for financial derivatives. SSE 50 Index includes 50 of the largest, highly liquid and most representative SSE-listed stocks and reflects the performance of a number of leading and most influential enterprises in Shanghai securities market.

The launch of SSE Mega-cap Index, SSE Small-cap Index, SSE Mid-cap Index, SSE Small- & Mid-cap Index, and SSE All-share Index constitutes the SSE Market-size Index Series, along with the existing SSE 180 Index and SSE 50 Index.

SSE Sector Index Series consists of 10 primary sector indices and reflects the overall performance of stocks from different sectors in Shanghai securities market respectively.

SSE Style Index Series includes SSE 180 Style Index Series and SSE All-share Style Index Series and reflects the overall performance of stocks in SSE 180 Index and SSE All-share Index with different styles.

SSE Thematic Index Series currently comprises 17 indices, i.e., SSE Dividend Index, SSE 180 Financial Index, SSE Corporate Governance Index, SSE 180 Corporate Governance Index, SSE 180 Infrastructure Index, SSE 180 Natural Resource Index, SSE 180 Transportation Index, SSE Social Responsibility Index, SSE Cyclical Industry 50 Index, SSE Non-cyclical Industry 100 Index, SSE Shanghai Enterprises Index, SSE Industry Top Index, SSE Overseas-listing A Share Index, SSE Central SOEs 50 Index, SSE Private Enterprises 50 Index, SSE Local SOEs 50 Index and SSE State-owned Enterprises 100 Index.

SSE Enterprise Bond 30 Index selects 30 of the high-quality, largest and most liquid enterprise bonds. It is China’s first constituent bond index that is published on a real time basis and thus has profound significance for the development of the bond market.

SSE Index Series measures the market trends in Shanghai securities market in general or from different dimensions and can reflect the performance and price movement of companies across a diverse range of industries. It offers investors different benchmarks for portfolio analysis. With the securities market set to play an increasingly important role in the national economy, SSE Indices will gradually become a barometer of the Chinese economy.

To ensure the indices are based on scientific methodology, SSE established China’s first index expert committee

to provide advisory opinions on index construction and selection of constituent stocks.

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I.SSE Index Series

The SSE Index Series is comprised of 58 different indices in 7 categories.

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II. Index Compilation Methodology

(I) SSE Composite Index and SSE New Composite Index

Constituent stocks in SSE Composite Index include all the A Shares and B Shares listed on SSE. Constituent stocks in SSE New Composite Index consist of all the SSE-listed stocks that have completed the non-tradable share reform.

(II) Sub-indices

Constituent stocks in a sub-index contain all the listed stocks in one particular class or particular sector.

1. SSE A-share Index SSE A-share Index includes all the A Shares listed on SSE and is designed to reflect the overall performance of

Shanghai A-share market.

2. SSE B-share Index SSE B-share Index covers all the B Shares listed on SSE and is designed to reflect the overall performance of

Shanghai B-share market; 3. SSE Sector Sub-indicesSSE Sector Sub-indices include SSE Industrial Sub-index, SSE Commercial Sub-index, SSE Real Estate Sub-index,

SSE Utilities Sub-index and SSE Conglomerates Sub-index. A sector sub-index contains all the A Shares and B Shares in a particular sector and is designed to reflect the overall performance of that sector.

(III) SSE 180 Index

SSE 180 Index selects 180 of the most representative stocks in SSE-listed A Shares to reflect the overall performance of Shanghai securities market.

1. Index universeAll the SSE-listed A Shares are eligible, except:

A stock that has been listed on SSE for less than one quarter, unless it is among the top 18 SSE-

listed A Shares in terms of average daily free-float market capitalization;

A stock that has been suspended from listing;

The stock of a company with abnormal operations or with serious losses as indicated in its latest

financial report;

A stock with high volatility and clear sign of price manipulation; and

Other stocks that are considered by the expert committee as inappropriate.

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2. Number of constituents180 stocks

3. Selection criteriaSector representation, size and liquidity

4. Selection method (1)Ranking stocks by market capitalization and trading value. To be more specific, stocks are firstly ranked by the

average daily figures of the two indicators in the previous year respectively. Then the two rankings for each stock are added to arrive at an overall ranking for each stock;

(2)Allocating each sector a certain number of constituent stocks in proportion to the respective adjusted free-float market capitalization of each sector. More specifically, number of constituent stocks allocated to Sector I = total free-float adjusted market capitalization of all the candidates in Sector I / total free-float market capitalization of all the candidates in Shanghai market ×180

(3)Selecting top ranking stocks in each sector based on the number allocated; (4)Making further adjustment to the candidates selected from each sector to ensure that the total number of

constituents is 180.

5. Adjustments to constituent stocksConstituent stocks in SSE Indices are adjusted every half year, namely on the first trading day of July and January

respectively. Ad hoc adjustment will be made when a special event occurs and impacts the representation and investability of the index.

(IV) SSE 50 Index

SSE 50 Index contains 50 of the largest and most liquid stocks in SSE 180 Index and is designed to reflect the overall performance of a group of leading and most influential enterprises in Shanghai securities market.

1. Index universeConstituent stocks in SSE 180 Index 2. Number of constituent stocks50 stocks

3. Selection criteriaSize and liquidity

4. Selection methodRanking stocks by total market capitalization and trading value. The top 50 stocks in the ranking are selected, except

those with abnormal market performance and considered inappropriate by the expert committee.

5. Adjustments to constituent stocks

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Constituent stocks in SSE 50 Index are adjusted every half year, namely on the first trading day of July and January respectively. Ad hoc adjustment will be made when a special event occurs and impacts the representation and investability of the index.

(V) SSE Mid-cap Index, SSE Small-cap Index, SSE Small- & Mid-cap

Index and SSE All-share Index

1. SSE Mid-cap Index contains the 130 constituent stocks in SSE 180 Index that are not included in SSE 50 Index. 2. Selection method for SSE Small-cap IndexRanking the rest stocks (after deducting the constituent stocks of SSE 180 Index) in the universe (same as that for

SSE 180 Index) by total market capitalization and trading value. The top 320 stocks in the ranking are selected, except those with abnormal market performance and considered inappropriate by the expert committee.

3. Selection method for SSE Small- & Mid-cap Index, and SSE All-share IndexConstituent stocks in SSE Mid-cap Index and SSE Small-cap Index combine to constitute the constituent stocks of

SSE Small- & Mid-cap Index.Constituent stocks in SSE 180 Index and SSE Small-cap Index combine to form the constituent stocks of SSE All-

share Index.

4. Adjustments to constituent stocks Constituent stocks in SSE Small-cap Index are adjusted every half year, namely on the first trading day of July and

January respectively. Constituent stocks in SSE Mid-cap Index, SSE Small- & Mid-cap Index and SSE All-share Index are adjusted in tandem with the periodic or ad hoc adjustment of SSE 180 Index, SSE 50 index or SSE Small-cap Index

(VI) SSE Mega-cap Index

1. Index universeConstituent stocks in SSE 180 Index

2. Selection method Step 1: Calculating the average daily A-share trading value and average daily market capitalization of the stocks in

the universe for the most recent year (for IPOs, from listing to date).Step 2: Ranking the stocks in the universe by average daily A-share trading value and average daily market

capitalization for the most recent year. Then the two rankings for each stock are added to arrive at an overall ranking for each stock. In principle, the top 20 stocks in the ranking are selected with a cap of 6 stocks for a single primary sector under SSE classification system.

3. Adjustments to constituent stocksConstituent stocks in SSE Mega-cap Index are reviewed and adjusted twice each year following the principles of

stability and dynamic tracking. In principle, company additions or deletions will be less than 10% of all the constituents.

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Constituent stocks are adjusted on the first trading day of January and July respectively. A buffer zone is used for periodic adjustment of constituent stocks. New constituent stocks ranking in the top 16 will be given priority for inclusion in the index while the existing constituent stocks ranking in the top 24 will be given priority for remaining in the index.

Ad hoc adjustment will be made to SSE Mega-cap Index when any constituent stock involves mergers or similar corporate actions. Adjustment will also be made according to the selection rules for SSE Mega-cap Index in the case of quick inclusion of any IPO stock in SSE 180 Index.

(VII) SSE Dividend Index

SSE Dividend Index includes 50 SSE-listed A Shares with the highest cash dividend yield, stable dividend distribution,

fairly large size and good liquidity and is designed to reflect the overall situation and movement of high-dividend stocks in Shanghai securities market.

1. Index universeSSE-listed A Shares that meet all the following requirements:(1) Continuously distributed cash dividends in the past two years, with the cash dividend yield (after tax) each year

higher than zero;(2) Among the top 50% of SSE-listed A Shares in the past year in terms of average daily free-float capitalization;

and(3) Among the top 50% of SSE-listed A Shares in the past year in terms of average daily trading value. 2. Number of constituent stocks50 stocks

3. Selection criteriaAverage cash dividend yield (after tax) over the past two years

4. Selection methodRanking stocks in the index universe by average cash dividend yield (after tax) over the past two years. The top 50

stocks in the ranking are selected, except those with abnormal market performance and considered inappropriate by the expert committee.

5. Adjustments to constituent stocksConstituent stocks in SSE Dividend Index are adjusted at the end of each year. Ad hoc adjustment can be made

under special circumstances.

Following a review of SSE Dividend Index, the constituents that fall short of the following requirements will be removed in the following order:

(1) Cash dividend yield (after tax) in the past year is higher than 0.5%;(2) Among the top 60% of SSE-listed A Shares in the past year in terms of average daily free-float capitalization;(3) Among the top 60% of SSE-listed A Shares in the past year in terms of average daily trading value.

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The former constituent stocks that meet the above requirements are still eligible for the new Index universe. For each adjustment, ranking stocks in the new Index universe by average cash dividend yield (after tax) over the past two years. The top 50 stocks in the ranking are selected.

Company additions or deletions will be less than 20% of all the constituents unless more than 20% of the former constituents are removed because their cash dividend yield (after tax) in last year is or lower than 0.5%.

(VIII) SSE Corporate Governance Index

SSE Corporate Governance Index includes all the stocks in SSE Corporate Governance Sector and is intended to encourage and stimulate listed companies to further improve their corporate governance so as to enhance the overall quality of listed companies.

1. Selection methodStocks in SSE Corporate Governance Sector are selected by SSE and China Securities Index Co., Ltd. (CSI)

following listed companies’ voluntary application, public appraisal, consultants’ appraisal, preliminary selection and the advisory committee’s discussion according to the Measures for the Selection of Stocks to be Included in SSE Corporate Governance Sector. All the stocks in SSE Corporate Governance Sector form the constituents of SSE Corporate Governance Index.

2. Adjustments to constituent stocksStocks in SSE Corporate Governance Sector are reviewed each year during May to June and CSI will adjust

constituents in SSE Corporate Governance Index in early July accordingly. If a special event occurs in relation to a stock in the SSE Corporate Governance Sector and, as a result, the stock no longer meets the criteria for SSE Corporate Governance Sector, the stock will be deleted from SSE Corporate Governance Sector as soon as possible and SSE Corporate Governance Index will be adjusted accordingly.

(IX) SSE 180 Corporate Governance Index

SSE 180 Corporate Governance Index comprises 100 largest and most liquid stocks in the SSE 180 Index and SSE Corporate Governance Index and is designed to reflect the performance of stocks with good corporate governance in SSE 180 Index and provide an instrument for investors.

1. Index universeConstituents of SSE 180 Index and SSE Corporate Governance Index

2. Selection methodConstituents in the SSE 180 Corporate Governance Index are selected according to the following two steps:(1) Ranking stocks in the index universe according to the selection method for SSE 180 Index;(2) The top 100 stocks in the intersection of the SSE 180 Index and the SSE Corporate Governance Index are

selected to be the constituents of SSE 180 Corporate Governance Index. If the number of stocks in the intersection is

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less than 100, the vacancy will be filled by the highest ranking, non-intersected stocks in SSE Corporate Governance Index.

3. Adjustments to constituent stocksConstituent stocks in SSE 180 Corporate Governance Index are adjusted every half year in tandem

with the periodical adjustment of SSE 180 Index and SSE Corporate Governance Index, namely on the first trading day of July and January respectively. Typically, company additions or deletions during each adjustment will be less than 10% unless more than 10% of the constituents are removed from the index universe. If ad hoc adjustment is made to SSE 180 Index or SSE Corporate Governance Index and any stock deleted happens to be a constituent in SSE 180 Corporate Governance Index, the same stock will be removed from SSE 180 Corporate Governance Index and the vacancy will be filled by the highest ranking, non-constituent stock in the intersection of SSE 180 Index and SSE Corporate Governance Index. In case that all the stocks in the intersection have been added to SSE 180 Corporate Governance Index, the vacancy will be filled by the highest ranking, non-constituent stock in SSE Corporate Governance Index.

(X) SSE 180 Financial Index

SSE 180 Financial Index consists of the stocks included in the SSE 180 Index that are in the banking, insurance, securities and trust sectors and is designed to reflect the overall performance of financial stocks in Shanghai securities market.

1. Index universeConstituents in SSE 180 Index

2. Selection methodStocks in the SSE 180 Index that are in the banking, insurance, securities and trust sectors form the constituents of

SSE 180 Financial Index.

3. Index calculationSSE 180 Financial Index is calculated using a Paasche weighted composite price index formula as follows: Index for a particular report period = (adjusted market capitalization of the constituent stocks in the report period /

base period) × 1000Where:the adjusted market capitalization = ∑ (share price × adjusted number of shares × weight cap factor). The weight

cap factor, between 0 and 1, is designed to set a 15% cap on the weight of a constituent stock.The weight cap factor is adjusted twice each year following the adjustment to constituent stocks, namely, on the

first trading day of January and July respectively. The weight cap factor is calculated based on the adjusted market capitalization at the close of the market on the last trading day before the adjustment. In case of ad hoc adjustment to constituent stocks, the weight cap factor will be adjusted accordingly. In case of a significant change in the equity structure of constituent stocks, or a sudden change in weight due to any other reason, a decision will be made on whether to adjust the weight cap factor.

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3. Adjustments to constituent stocksConstituents in SSE 180 Financial Index are adjusted following the adjustment of SSE 180 Index. If a special event

occurs in relation to a stock in the SSE 180 Index and, as a result, the stock no longer belongs to financial sector, SSE

180 Financial Index will be adjusted accordingly.

(XI) SSE Medium Enterprise Composite Index

SSE Medium Enterprise Composite Index contains all the medium-sized companies listed on the SSE and is designed to reflect the overall performance of SSE-listed medium-sized companies.

1. Index universeAll the A Shares listed on the SSE

2. Definition of medium-sized enterprisesBy applying the commonly used classification method for enterprises in the national economy while considering the

size of China’s listed companies, all the stocks in the universe are classified into three categories according to their total share capital, total assets and operating revenue, namely, large-sized enterprises, medium-sized enterprises and small-sized enterprises. The classification standards for medium-sized enterprises are reviewed annually and adjusted as appropriate.

Classification Standards for Large-, Medium- and Small-sized Enterprises

Large Medium Small

Total assets (RMB billion) ≥2.5 ≥0.5 <0.5

Operating revenue (RMB billion) ≥1.5 ≥0.4 <0.4

Total share capital (billion shares) ≥0.4 ≥0.1 <0.1

Note 1: An enterprise must at least meet all the three lower limits to be a large-sized or medium-sized enterprise. Otherwise, it will be classified as a small-sized enterprise Note 2: For enterprises whose par value of stocks is less than RMB 1, classification will be made after converting the par value to RMB 1. Note 3: Total share capital means the total number of shares, including both domestic and overseas listed shares.

3. Selection methodAll the listed companies classified as medium-sized enterprises form the constituents of the SSE Medium Enterprise

Composite Index.

4. Adjustments to constituent stocksListed companies are re-classified each year in June based on their latest annual reports. The constituents of SSE

Medium Enterprise Composite Index are adjusted accordingly each year in early July based on the latest classification

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results. Adjustment is effective from the first trading day in July. Ad hoc adjustment can be made under special circumstances.

(XII) SSE 180 Infrastructure Index, 180 Natural Resource Index and 180

Transportation Index

SSE 180 Infrastructure Index, Natural Resource Index or Transportation Index includes stocks in the SSE 180 Index that are in the infrastructure, natural resources or transportation sector and reflects the overall performance of infrastructure, natural resources or transportation sector in Shanghai securities market.

1. Index universeConstituents in SSE 180 Index

2. Selection methodStocks in the universe are classified using the industry classification methodology. Those that fall into the theme

of infrastructure, natural resources or transportation form the constituents of SSE 180 Infrastructure Index, Natural Resource Index or Transportation Index.

Infrastructure Natural Resources Transportation

Oil & gas storage & transportation (ex non-pipeline transportation), oil & gas drilling, oil & gas equipment & services (ex equipment manufacturing), highways & railtracks, marine ports & services, airport services, electric utilities, water utilities, gas utilities, multi-utilities, integrated telecommunication services, wireless telecommunication services, alternative carriers, and construction & engineering

Integrated oil & gas, oil & gas exploration & production, coal & consumable fuels, aluminum, gold, diversified metals & mining, and precious metals & minerals

A i r l i n e s, s h i p p i n g , t r u c k i n g, r a i l r o ad s, highways & railtracks, marine ports & services, and airport services

3. Adjustments to constituent stocks Constituents in SSE 180 Infrastructure Index, Natural Resource Index and Transportation Index are adjusted in

tandem with the adjustment of SSE 180 Index. If a special event occurs in relation to a stock in the SSE 180 Index and, as a result, the stock no longer belongs to the infrastructure, natural resources or transportation sector, SSE 180 Infrastructure Index, Natural Resource Index or Transportation Index will be adjusted accordingly.

(XIII) SSE 180 Style Index Series

The universe of SSE Style Index Series is the constituents of SSE 180 Index. SSE Style Index Series includes 4 indices, i.e., SSE 180 Growth Index, SSE 180 Value Index, SSE 180 Relative Growth Index and SSE 180 Relative Value Index, and reflects the overall performance of stocks in SSE 180 Index with different styles. SSE Style Index Series reflects the different style dimensions of SSE 180 Index and provides investors with a new benchmark and instrument

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for asset allocations.1. Index universeConstituents in SSE 180 Index

2. Selection method(1) Determining the values of the variables used to specify value and growth characteristics for each securityThe value and growth indices construction process begins by determining the values of the variables used to specify

value and growth characteristics. The growth investment style characteristics for index construction are defined using the following three variables:

income growth rate, net profit growth rate and internal growth rate.The value investment style characteristics for index construction are defined using the following four variables:

dividend to price ratio (D/P), book value to price ratio (B/P), cash flow to price ratio (CF/P) and earnings to price ratio (E/P).

(2) Calculating style Z-scores After computing the seven variable values for each security, each of the seven variable values are standardized within

SSE 180 Index. The z-score is defined as follows:Where:x is the winsorized variable value for a given securityμ is the mean using winsorized variables in SSE 180 Indexσ is the standard deviation using winsorized variablesThe growth z-scores are calculated by averaging the three growth variable z-scores while value z-scores are

computed by averaging the four value variable z-scores.

(3) Selection of constituents(i) SSE 180 Growth Index and SSE 180 Value Index Step 1: Selecting the top 60 stocks with highest growth z-scores as the constituents of SSE 180 Growth Index; Step 2: Selecting the top 60 stocks with highest value z-scores as the constituents of SSE 180 Value Index.(ii) SSE 180 Relative Growth Index and SSE 180 Relative Value IndexStep 1: Assigning a growth weight of 1 and a value weight of 0 to the stocks that are only the constituents of SSE

180 Growth Index;Step 2: Assigning a value weight of 1 and a growth weight of 0 to the stocks that are only the constituents of SSE

180 Value Index;Step 3: For stocks that are the constituents of both SSE 180 Growth Index and SSE 180 Value Index and stocks

that are neither the constituents of SSE 180 Growth Index nor the constituents of SSE 180 Value Index, assigning style weights according to their growth rankings / value rankings as follows:

Growth ranking / value ranking Style weight

Top 1/3 75% growth / 25% value

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Mid 1/3 50% growth / 50% value

Bottom 1/3 25% growth / 75% value

3. Adjustments to constituent stocksConstituent stocks are adjusted every half year, namely on the first trading day of July and January respectively.Any stock deleted from SSE 180 Index will be removed from SSE Relative Style Indices immediately. New entrants

to the SSE 180 Index will be added to the relative style indices according to the weight assigning method for relative style indices. If any stock deleted from SSE 180 Index happens to be a constituent of SSE 180 Growth Index or SSE 180 Value Index, it will be removed from the style index immediately and no new stock will be added to fill the vacancy.

(XIV) SSE All-share Style Index Series

1. Index universe Constituents in SSE All-share Index

2. Selection method(1) Determining the values of the variables used to specify value and growth characteristics for each securityThe value and growth indices construction process begins by determining the values of the variables used to specify

value and growth characteristics. The growth investment style characteristics for index construction are defined using the following three variables:

growth rate of income from principal business, net profit growth rate and internal growth rate.The value investment style characteristics for index construction are defined using the following four variables:

dividend yield (also known as dividend to price ratio) (D/P), book value to price ratio (B/P), cash flow to price ratio (CF/P) and earnings to price ratio (E/P).

(2) Calculating style Z-scores After computing the seven variable values for each security, each of the seven variable values are standardized within

SSE All-share Index. The z-score is defined as follows: Where:x is the winsorized variable value for a given securityμ is the mean using winsorized variablesσ is the standard deviation using winsorized variablesThe growth z-scores are calculated by averaging the three growth variable z-scores while value z-scores are

computed by averaging the four value variable z-scores.

(3) Determining constituents(i) SSE All-share Style Index

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Step 1: Selecting the top 150 stocks with highest growth z-scores as the constituents of SSE All-share Growth Index;

Step 2: Selecting the top 150 stocks with highest value z-scores as the constituents of SSE All-share Value Index.(ii) SSE All-share Relative Style IndexStep 1: Assigning a growth weight of 1 and a value weight of 0 to the stocks that are only the constituents of SSE

All-share Growth Index;Step 2: Assigning a value weight of 1 and a growth weight of 0 to the stocks that are only the constituents of SSE

All-share Value Index;Step 3: For the rest stocks, assigning style weights according to their growth rankings / value rankings as follows:

Growth ranking / value ranking Style weight

Top 1/3 75% growth / 25% value

Mid 1/3 50% growth / 50% value

Bottom 1/3 25% growth / 75% value

3. Adjustments to constituent stocksSSE index expert committee will review SSE All-share Style Index Series in early and mid-June and early and mid-

December. Constituent adjustment is made on the first trading day of July and January respectively. For each adjustment to SSE All-share Growth Index and SSE All-share Value Index, company additions or deletions will be less than 20% of all the constituents.

Any stock deleted from SSE All-share Index will be removed from SSE All-share Relative Style Indices immediately. New entrants to the SSE All-share Index will be added to the relative style indices according to the weight assigning method for relative style indices.

The no-replacement rule is applicable to style indices when ad hoc adjustment is made to the constituents of SSE All-share Index. That is, if a stock is deleted from SSE All-share Index and it happens to be a constituent of SSE All-share Growth Index or SSE All-share Value Index, it will be removed from that style index immediately and no new stock will be added to fill the vacancy. Therefore, the number of constituents in SSE All-share Growth Index or SSE All-share Value Index may be less than 150 (or more than 150 due to a stock split) for a short period of time until the next periodic adjustment that will bring it back to 150.

(XV) SSE Sector Index Series

SSE Sector Index Series, published from January 9, 2009, consists of 10 primary sector indices and reflects the overall performance of stocks from different sectors in Shanghai securities market respectively.

1. Index universeAll the SSE-listed A Shares are eligible, except:(1) A stock that has been listed on SSE for less than one quarter, unless it is among the top 18 SSE-listed A Shares

in terms of average daily market capitalization;(2) A stock that has been suspended from listing;(3) The stock of a company with abnormal operations or with serious losses as indicated in its latest financial report;

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(4) A stock with high volatility and clear sign of price manipulation; and(5) Other stocks that are considered by the expert committee as inappropriate. 2. Sector classification methodBy using and adapting international prevailing industry classification method to the realities of China’s listed

companies, all the listed companies are classified into ten primary sectors, namely, energy, materials, industrials, consumer discretionary, consumer staples, health care, financials, information technology, telecommunication services and utilities.

3. Selection methodSelection of constituent stocks in SSE Sector Index involves the following three steps:Step 1: Ranking stocks in the universe by average daily trading value and average daily market capitalization for

the most recent year (for IPOs, from listing to date). Deleting the stocks in the bottom 15% in terms of trading value and also the rest stocks after the cumulative market capitalization of selected stocks reaches 98% of the total market capitalization of the universe.

Step 2: If less than 30 stocks (inclusive) are left for a particular sector, all the stocks in that sector enter the sector index;

Step 3: If more than 30 stocks are left, ranking these stocks by average daily market capitalization and selecting highest ranking stocks into the sector index until the cumulative market capitalization reaches 80% or the number of constituent stocks reaches 50. If the number of stocks so selected for inclusion in the sector index is less than 30, ranking the stocks by market capitalization and selecting highest ranking stocks until the number reaches 30.

4. Adjustments to constituent stocksConstituent stocks are adjusted every half year, namely on the first trading day of July and January respectively. Ad

hoc adjustment will be made when a special event occurs and impacts the representation and investability of the index.

(XVI) SSE Central SOEs 50 Index

1. Index universeSSE-listed A Shares that meet all the following requirements:(1) The stock of a SSE listed company whose de facto controller is the Stated-owned Assets Supervision and

Administration Commission of the State Council (SASAC) or the Ministry of Finance;(2) A stock that has been listed on SSE for more than three months, unless it is among the top 18 SSE-listed A

Shares in terms of average daily market capitalization;(3) A stock neither capped with ST or *ST nor suspended from listing;(4) The stock of a company with good performance and without serious violations of laws or regulations in the most

recent year or significant problems in its financial reports; and(5) A stock with no clear sign of unusual price movement or market manipulation.2. Selection method(1) Calculating the average daily A-share trading value and average daily market capitalization of the stocks in the

universe for the most recent year (for IPOs, from listing to date).

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(2) Ranking the stocks in the universe by average daily A-share trading value and average daily market capitalization for the most recent year. Then the two rankings for each stock are added to arrive at an overall ranking for each stock. In principle, the top 50 stocks in the ranking are selected.

3. Periodic adjustmentConstituent stocks in SSE Central SOEs 50 Index are reviewed and adjusted twice each year following the principles

of stability and dynamic tracking. In principle, company additions or deletions will be less than 10% of all the constituents unless additions or deletions exceed 10% due to changes in the de factor controllers of the listed companies. Constituent stocks are adjusted on the first trading day of January and July respectively. A buffer zone is used for periodic adjustment of constituent stocks. New constituent stocks ranking in the top 40 will be given priority for inclusion in the index while the existing constituent stocks ranking in the top 60 will be given priority for remaining in the index.

4. Ad hoc adjustment Ad hoc adjustment will be made to SSE Central SOEs 50 Index when the control power of any listed company

makes changes due to any change in its share structure or when any constituent stock involves mergers or similar corporate actions. The number of constituents in SSE Central SOEs 50 Index may be more than or less than 50 between two periodic adjustments.

(XVII) SSE Private Enterprises 50 Index

1. Index universeSSE-listed A Shares that meet all the following requirements:(1) The stock of a SSE listed company whose de facto controller is a domestic (including Hong Kong, Macao and

Taiwan) natural person;(2) A stock that has been listed on SSE for more than three months, unless it is among the top 18 SSE-listed A


recent year or significant problems in its financial reports; and(5) A stock with no clear sign of unusual price movement or market manipulation.

2. Selection method(1) Calculating the average daily A-share trading value and average daily market capitalization of the stocks in the

universe for the most recent year (for IPOs, from listing to date).(2) Ranking the stocks in the universe by average daily A-share trading value and average daily market capitalization

for the most recent year. Then the two rankings for each stock are added to arrive at an overall ranking for each stock. In principle, the top 50 stocks in the ranking are selected.

3. Periodic adjustmentConstituent stocks in SSE Private Enterprises 50 Index are reviewed and adjusted each year following the principles

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of stability and dynamic tracking. Constituent stocks are adjusted on the first trading day of July.

4. Ad hoc adjustment Ad hoc adjustment will be made to SSE Private Enterprises 50 Index when the control power of any listed company

makes changes due to any change in its share structure or when any constituent stock involves mergers or similar corporate actions. The number of constituents in SSE Private Enterprises 50 Index may be more than or less than 50 between two periodic adjustments.

(XVIII) SSE Local SOEs 50 Index and SSE SOEs 100 Index

SSE Local SOEs 50 Index:

1. Index universeSSE-listed A Shares that meet all the following requirements:(1) The stock of a SSE listed company whose de facto controller is the local State-owned Assets Supervision and

Administration Commission, local government or any local state-owned enterprise;(2) A stock that has been listed on SSE for more than three months, unless it is among the top 18 SSE-listed A




universe for the most recent year (for IPOs, from listing to date).(2) Ranking the stocks in the universe by average daily A-share trading value and average daily market capitalization

for the most recent year. Then the two rankings for each stock are added to arrive at an overall ranking for each stock. In principle, the top 50 stocks in the ranking are selected.

SSE SOEs 100 Index:

Both the constituents of SSE Local SOEs 50 Index and the constituents of SSE Central SOEs 50 Index

3. Periodic adjustmentConstituent stocks in SSE Local SOEs 50 Index are reviewed and adjusted twice each year following the principles

of stability and dynamic tracking. In principle, company additions or deletions will be less than 10% of all the constituents unless additions or deletions exceed 10% due to changes in the de factor controllers of the listed companies. Constituent stocks are adjusted on the first trading day of January and July respectively. A buffer zone is used for periodic adjustment of constituent stocks. New constituent stocks ranking in the top 40 will be given priority for inclusion in the index while the existing constituent stocks ranking in the top 60 will be given priority for remaining in the index.

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Constituent stocks in SSE SOEs 100 Index are adjusted in tandem with the periodical adjustment of SSE Local SOEs 50 and SSE Central SOEs 50 Index.

4. Ad hoc adjustment Ad hoc adjustment will be made to SSE Local SOEs 50 Index when the control power of any listed company makes

changes due to any change in its share structure or when any constituent stock involves mergers or similar corporate actions. The number of constituents in SSE Local SOEs 50 Index may be more than or less than 50 between two periodic adjustments.

Constituent stocks in SSE SOEs 100 Index are adjusted in tandem with the ad hoc adjustment of SSE Local SOEs 50 and SSE Central SOEs 50 Index.

(XIV) SSE Social Responsibility Index

SSE Social Responsibility Index selects the stocks in SSE Corporate Governance Sector with good performance in social responsibility and is intended to encourage and promote listed companies’ performance of their social responsibilities, provide a new instrument for investors and promote socially responsible investment.

1. Index universeAll the A Shares in SSE Corporate Governance Sector that release social responsibility reports.

2. Selection methodFirst, ranking stocks in the universe by average daily A-share trading value for the most recent year and deleting the

stocks (non-ST or *ST stocks) in the bottom 20%.Calculating the social contribution value per share of the rest stocks as the term is defined in the “Notice on

Strengthening Corporate Social Responsibility among Listed Companies” issued by Shanghai Stock Exchange in May 2008. Ranking the rest stocks by social contribution value per share and selecting the top 100 stocks.

In principle, any stocks with clear breaches of their social responsibilities in the last year should not be included in the SSE Social Responsibility index.

3. Periodic adjustmentStocks in SSE Corporate Governance Sector are reviewed each year during May to June and CSI will adjust

constituents in SSE Social Responsibility Index in early July accordingly. Typically, company additions or deletions during each adjustment will be less than 10% unless more than 10% of the constituents are removed from the index universe.

4. Ad hoc adjustmentIf a stock is deleted on an ad hoc basis from SSE Corporate Governance Sector as it no longer meets the relevant

criteria, it will also be removed from SSE Social Responsibility Index. If a constituent stock of SSE Social Responsibility Index breaches its social responsibilities, it will be deleted from the SSE Social Responsibility index as soon as possible.

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If any constituent stock of SSE Social Responsibility Index is deleted during an ad hoc adjustment, no new stock will be added to fill the vacancy until the next periodic adjustment.

(XX) SSE Cyclical Industry 50 Index and SSE Non-cyclical Industry 100

Index

1. Classification as cyclical industry and non-cyclical industry According to the CSRC industry classification standards, SSE listed A Shares are classified into 22 industries. Based

on industry cyclicality, the industries of finance & insurance, mining, transportation, metals & non -metals and real estate are further classified as cyclical industries and the rest industries are classified as non-cyclical industries.

2. Index universeSSE Cyclical Industry 50 Index: all the constituent stocks in SSE All-share Index that fall within cyclical industries.SSE Non-cyclical Industry 100 Index: all the constituent stocks in SSE All-share Index that fall within non-cyclical

industries.


respective universe for the most recent year and ranking the stocks in the respective universe by average daily A-share trading value and average daily market capitalization. Then the two rankings for each stock are added to arrive at an overall ranking for each stock.

(2) Selecting the top 50 stocks in the relevant ranking as the constituents of SSE Cyclical Industry 50 Index.(3) Selecting the top 100 stocks in the relevant ranking as the constituents of SSE Non-cyclical Industry 100 Index.

4. Periodic adjustmentConstituent stocks in SSE Cyclical Industry 50 Index and SSE Non-cyclical Industry 100 Index are reviewed in June

and December each year following the periodic adjustment of SSE All-share Index. Constituent stocks are adjusted on the first trading day of July and January respectively. In order to effectively reduce the turnover rate of constituent stocks, a buffer zone is used for periodic adjustment of SSE Cyclical Industry 50 Index and SSE Non-cyclical Industry 100 Index. For SSE Cyclical Industry 50, new stocks ranking in the top 40 will be given priority for inclusion in the index while the existing constituents ranking in the top 60 will be given priority for remaining in the index. For SSE Non-cyclical Industry 100 Index, new stocks ranking in the top 80 will be given priority for inclusion in the index while the existing constituents ranking in the top 120 will be given priority for remaining in the index. For periodic adjustment, company additions or deletions will be less than 10% of all the constituents unless deletions of existing constituents from index universe exceed 10%.

5. Ad hoc adjustmentIf any constituent that is deleted from the SSE All-share Index is also a constituent of SSE Cyclical Industry 50 Index

or SSE Non-Cyclical Industry 100 Index, it will be removed from the relevant index immediately. The vacancy will be filled by the non-constituent stock that ranks highest among candidate stocks during the latest adjustment.

If an IPO ranks among top 10 in the Shanghai market in terms of market capitalization,according to the CSRC industry classification standards, it will be added to SSE Cyclical Industry 50 Index or SSE Non-Cyclical Industry 100

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Index on the 11th trading day following its listing, while the constituent stock that ranks last in the overall ranking for the most recent year will be deleted.

(XXI) SSE Industry Top Index

1. Index universeAll the constituents of SSE All-share Index

2. Industry classificationAll the stocks in the universe are classified into 25 industries, such as energy, materials, capital goods, transportation,

automobile & parts, etc.

3. Selection methodRanking the stocks in the universe by average daily market capitalization, average daily trading value, revenue and

profits for the most recent year. Then the four rankings for each stock are added to arrive at an overall ranking for each stock. The top 3 stocks in each industry are selected.

4. Adjustments to constituent stocksConstituents in SSE Industry Top Index are adjusted following the adjustment of SSE All-share Index. Ad hoc

adjustment will be made when a special event occurs and impacts the representation and investability of the index.

(XXII) SSE Shanghai Enterprises Index

1. Index universeSSE-listed A Shares that meet all the following requirements:(1) The stock of a SSE listed company whose registered address is in Shanghai;(2) A stock that has been listed on SSE for more than three months, unless it is among the top 18 SSE-listed A



2. Selection methodStep 1: Calculating stocks in the universe by average daily A-share trading value and average daily market

capitalization for the most recent year (for IPOs, from listing to date);Step 2: Ranking stocks in the universe by average daily A-share trading value for the most recent year and deleting

the stocks in the bottom 20%.Step 3: Ranking the rest stocks in the universe by average daily A-share market capitalization for the most recent

year and selecting the top 50 stocks in principle.

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3. Periodic adjustmentConstituent stocks in SSE Shanghai Enterprises Index are reviewed and adjusted twice each year following the

principles of stability and dynamic tracking. Constituent stocks are adjusted on the first trading day of January and July respectively. A buffer zone is used for periodic adjustment of constituent stocks. New constituent stocks ranking in the top 40 will be given priority for inclusion in the index while the existing constituent stocks ranking in the top 60 will be given priority for remaining in the index.

(XXIII) SSE Overseas-listing A Share Index

SSE Overseas-listing A Share Index selects the securities listed both on SSE and overseas exchanges as constituents and is designed to reflect the overall performance of SSE listed securities with an overseas listing and provide a new analysis tool and investment benchmark for investors.

1. Index universeAll the securities that meet the following requirements:(1) A security listed both on SSE and an overseas exchange;(2) A constituent of SSE180 Index.

2. Selection methodAll the securities in the index universe

3. Adjustments to constituent stocksConstituents of SSE Overseas-listing A Share Index are adjusted along with SSE180 Index.

(XXIV) SSE Fund Index

SSE Fund Index includes all the securities investment funds listed on SSE and is designed to reflect the overall performance of securities investment funds listed on SSE.

(XXV) SSE T-bond Index

SSE T-bond Index includes all the fixed-rate interest T-bonds listed on SSE with time to maturity more than one year and repayment of principal and payment of interest at maturity. SSE T-bond Index is designed to reflect the overall performance of all the T-bonds listed on SSE.

(XXVI) SSE Enterprise Bond Index

SSE Enterprise Bond Index includes all the non-equity-linked, fixed-rate interest enterprise bonds listed on SSE

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and Shenzhen Stock Exchange, with time to maturity more than one year, repayment of principal and payment of interest at maturity, and an investment grade of above BBB. SSE Enterprise Bond Index is designed to reflect the overall performance of all the enterprise bonds listed on SSE and Shenzhen Stock Exchange.

(XXVII) SSE Corporate Bond Index

SSE Corporate Bond Index is the first index that reflects the overall price movement of corporate bonds on SSE. It consists of all the corporate bonds traded on SSE and is calculated and published on a real time basis each day by SSE and CSI. SSE Corporate Bond Index also provides a new performance benchmark and analysis tool for bond investors.

(XXVIII) SSE Detachable Corporate Bond Index

SSE Detachable Corporate Bond Index is the first index that reflects the overall price movement of detachable corporate bonds on SSE. It consists of all the detachable corporate bonds traded on SSE and is calculated and published on a real time basis each day by SSE and CSI. SSE Detachable Corporate Bond Index also provides a new performance benchmark and analysis tool for bond investors.

(XXIX) SSE Enterprise Bond 30 Index

1. Index universeTypes of bonds: non-equity-linked enterprise bonds listed on SSE, including corporate bonds and convertible bonds

with detachable warrants.Time to maturity: Over 1 yearInterest payment: Fixed-rate interest, repayment of principal and payment of interest at maturity;Credit rating: AA or above

2. Selection methodStep 1: First,calculating the median daily traded value of all the bonds in the index universe and then deleting the

bonds in the bottom 50% in terms of the median daily traded value;Step 2: Ranking the rest bonds by traded value, number of trading days and issuance size and selecting the top 30

in the overall ranking. The duration of SSE Enterprise Bond 30 Index is designed to be consistent with that of SSE Enterprise Bond Index

with a deviation less than 10%.

3. Index maintenance(1) Maintenance formulaIn case of variation in market capitalization due to any reason irrelevant to trading, the original divisor is adjusted

using a Divisor Adjustment Methodology to ensure continuity of index. The formula for advisor adjustment is as follows:

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divisor newadjustmentafter tion capitalizamarket

divisor originaladjustment prior totion capitalizaMarket

=

Where:market capitalization after adjustment = market capitalization prior to adjustment+ change in market capitalization;The new divisor so determined (i.e. the divisor after adjustment, also called the new base period) will be used for

subsequent index calculation.(2) Situations where adjustment is requiredIn case of constituent adjustment, the index is adjusted on the trading day immediately preceding the adjustment.In case of changes in the issued amount of any constituent bond, the index is adjusted the day before the change

takes place.On the last trading day of each month, accrued interest and returns on reinvestment in the current month are

deducted from the index.

4. Adjustments to constituent bondsConstituent bonds are adjusted every quarter in principle, namely on the first trading day of January, April, July and

October respectively. If any constituent becomes ineligible during the interval between two periodic adjustments, the index company will take corresponding actions depending on circumstances.

III. Index Calculation

SSE Index Series uses “point” as the unit of calculation.

(I) Base day, base period index and launch date

Indices Base day Base period index Launch date

Composite Indices

SSE Composite Index 1990-12-19 100 1991-7-15

SSE New Composite Index 2005-12-30 1000 2006-1-4

SSE A-share Index 1990-12-19 100 1992-2-21

SSE B-share Index 1992-2-21 100 1992-8-17

SSE Sector Sub-indices 1993-4-30 1358.78 1993-5-3

SSE Medium Enterprise Composite Index 2007-12-28 1000 2008-5-12

Market-size Indices

SSE 180 Index 2002-6-28 3299.06 2002-7-1

SSE 50 Index 2003-12-31 1000 2004-1-2

SSE Mega-cap Index 2003-12-31 1000 2009-4-23

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Indices Base day Base period index Launch date

SSE Mid-cap Index 2003-12-31 1000 2009-7-3

SSE Small-cap Index 2003-12-31 1000 2009-7-3

SSE Small- & Mid-cap Index 2003-12-31 1000 2009-7-3

SSE All-share Index 2003-12-31 1000 2009-7-3

Section Indices

SSE Sector Indices (10 Indices) 2003-12-31 1000 2009-1-9

Style Indices

SSE 180 Style Indices (4 Indices) 2002-6-28 1000 2009-1-9

SSE All-share Style Indices (4 Indices) 2003-12-31 1000 2010-1-4

Thematic Indices

SSE Dividend Index 2004-12-31 1000 2005-1-4

SSE 180 Financial Index 2002-6-28 1000 2007-12-10

SSE Corporate Governance Index 2007-6-29 1000 2008-1-2

SSE 180 Corporate Governance Index 2007-6-29 1000 2008-9-10

SSE 180 Infrastructure/Natural Resource/Transportation Index

2002-6-28 1000 2008-12-15

SSE Central SOEs 50 Index 2008-12-31 1000 2009-3-30

SSE Social Responsibility Index 2009-6-30 1000 2009-8-5

SSE Private Enterprises 50 Index 2009-6-30 1000 2009-8-25

SSE Local SOEs 50 Index 2009-6-30 1000 2010-1-4

SSE State-owned Enterprises 100 Index 2009-6-30 1000 2010-1-4

SSE Overseas-listing A Share Index 2006-12-29 1000 2010-1-4

SSE Shanghai Enterprises Index 2005-12-31 1000 2010-1-4

SSE Cyclical Industry 50 Index 2003-12-31 1000 2010-2-3

SSE Non-cyclical Industry 100 Index 2003-12-31 1000 2010-2-3

SSE Industry Top Index 2003-12-31 1000 2010-2-9

Bond Indices

SSE T-bond Index 2002-12-31 100 2003-1-2

SSE Enterprise Bond Index 2002-12-31 100 2003-6-9

SSE Corporate Bond Index 2007-12-31 100 2008-11-19

SSE Detachable Corporate Bond Index 2007-12-31 100 2008-11-19

SSE Enterprise Bond 30 Index 2003-12-31 100 2010-1-4

Fund Index

SSE Fund Index 2000-5-8 1000 2000-6-9

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(II) Calculation formula

1. SSE Index Series is all calculated using a Paasche weighted composite price index formula.

2. SSE Composite Index and Sub-indicesSSE Composite Index, SSE New Composite Index and Class and Sub-indices are weighted by the issued share

capital of the constituent stocks. The calculation formula is as follows:Index for a particular report period = (total market capitalization of constituent stocks in the report period / base

period) × base period indexWhere:total market capitalization = ∑ (market price × number of shares issued).When calculating SSE B-share Index, B-share prices are in US dollars. When calculating other indices, B-share prices are converted into RMB at the applicable exchange rate (central

parity rate of RMB against US dollars on the last trading day of each week as announced by the China Foreign Exchange Trade System).

3. Other SSE Index Series(1) SSE 180 Index, SSE 50 Index, SSE Mid-cap Index, SSE Small-cap Index, SSE Small- & Mid-cap Index, SSE

All-share Index, SSE Dividend Index, SSE Corporate Governance Index, SSE 180 Corporate Governance Index and SSE Medium Enterprise Composite Index, SSE All-share Style Index Series, SSE Social Responsibility Index, SSE Cyclical Industry 50 Index and SSE Non-cyclical Industry 100 Index are weighted by the adjusted number of shares of the constituent stocks. The calculation formula is as follows:

Index for a particular report period = (adjusted market capitalization of the constituent stocks in the report period / base period) × 1000

Where:the adjusted market capitalization = ∑ (market price × adjusted number of shares)

(2) SSE 180 Financial Index, SSE 180 Thematic Indices (Infrastructure/Natural Resource/Transportation Index), SSE 180 Style Index Series, SSE Sector Indices, SSE Central SOEs 50 Index, SSE Private Enterprises 50 Index, SSE Local SOEs 50 Index, SSE State-owned Enterprises 100 Index, SSE Shanghai Enterprises Index and SSE Overseas-listing A Share Index are calculated using a Paasche weighted composite price index formula as follows:

Index for a particular report period = (adjusted market capitalization of the constituent stocks in the report period / base period) × 1000

Where:the adjusted market capitalization = ∑ (share price × adjusted number of shares × weight cap factor)the weight cap factor is between 0 and 1 and is designed to set a 15% cap on the weight of a constituent stock.

Note:For SSE 180 Style Index Series and SSE State-owned Enterprises 100 Index, the cap on the weight of a constituent

stock is set at 10%.For SSE Sector Index Series, if there are more than 10 (inclusive) constituent stocks, the cap on the weight of a

constituent stock is set at 15%, otherwise 10%.

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(3) SSE Mega-cap Index SSE Mega-cap Index is equally weighted. The calculation formula is as follows:Index for a particular report period = (adjusted market capitalization of the constituent stocks in the report period /

divisor) × 1000Where:the adjusted market capitalization = ∑ (share price × adjusted number of shares × equal weight cap factor). The

adjusted number of shares is calculated in the same way as SSE 180 Index.the equal weight cap factor is designed to set a 5% cap on the weight of a constituent stock.

(4) SSE Industry Top IndexSSE Industry Top Index is calculated using a Paasche weighted composite price index formula. The calculation

formula is as follows:Index for a particular report period = ∑ (share price × adjusted number of shares × weight factor) / divisor ×

1000Where:the adjusted number of shares is calculated in the same way as SSE 180 Index.the weight cap= (operating revenue/ ∑ operating revenue + operating profit / ∑ operating revenue) / 2 / market

capitalization*10000000.

(5) Adjusted number of sharesThe adjusted number of shares is obtained by rounding off the classified free-float factor to the higher multiple of

10. The classification and rounding off method has been developed following the international practices and the advices of the expert committee, which is illustrated in the following table. For example, a stock with a free-float ratio (free-float share capital / total share capital) of 7%, which is below 10%, will use the free-float share capital as the weight. A stock with a free-float ratio of 35%, which falls within the range of (30, 40] and corresponds to 40%, will use 40% of its share capital as the weight.

Free-float ratio(%)

≤10 (10,20] (20,30] (30,40] (40,50] (50,60] (60,70] (70,80] >80

Weighted ratio (%)

Free-float ratio

20 30 40 50 60 70 80 100

4. SSE Fund IndexSSE Fund Index is weighted by the number of fund units issued. The calculation formula is as follows:Index for a particular report period = (total market capitalization of funds in the report period / base period) × base

period indexWhere:total market capitalization = ∑ (market price × number of fund units issued).

5. SSE T-bond IndexSSE T-bond Index is weighted by the amount of constituent bonds issued at the SSE. The calculation formula is as

follows:

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Index for a particular report period = (total market capitalization of constituent bonds in the report period + interest and returns on reinvestment) / base period × 100,

Where:total market capitalization = ∑ (dirty price × number of T-bonds issued), dirty price = clean price + accrued

interest Interest and returns on reinvestment in a report period refer to returns from reinvesting the current month’s

accrued interest in the T-bond index itself.

6. SSE Enterprise Bond IndexSSE Enterprise Bond Index is calculated using Paasche weighted composite price index formula and weighted by

the issued amount of constituent bonds. The calculation formula is as follows:Index for a particular report period = (total market capitalization of constituent bonds in the report period + interest

and returns on reinvestment) / base period × 100Where:total market capitalization = ∑ (dirty price × number of enterprise bonds issued)interest and returns on reinvestment in the report period refer to returns from reinvesting the current month’s

accrued interest in the bond index itself.

7. SSE Corporate Bond IndexSSE Corporate Bond Index is calculated using Paasche weighted composite price index formula as follows:Index for a particular report period = (total market capitalization of constituent bonds in the report period + interest

and returns on reinvestment) / base period × baseWhere:total market capitalization = ∑ (dirty price × number of corporate bonds issued)interest and returns on reinvestment in the report period refer to returns from reinvesting the current month’s


8. SSE Detachable Corporate Bond IndexSSE Detachable Corporate Bond Index is calculated using Paasche weighted composite price index formula as

follows:Index for a particular report period = (total market capitalization of constituent bonds in the report period + interest

and returns on reinvestment) / base period × baseWhere:total market capitalization = ∑ (dirty price × number of detachable corporate bonds issued)interest and returns on reinvestment in the report period refer to returns from reinvesting the current month’s


9. SSE Enterprise Bond 30 IndexSSE Enterprise Bond 30 Index is weighted by the issuance amount of constituent bonds and is calculated using

Paasche weighted composite price index formula as follows:Index for a particular report period = (total market capitalization of constituent bonds in the report period + interest

and returns on reinvestment) / base period × 100

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Where:total market capitalization = ∑ (dirty price × number of enterprise bonds issued × weight cap factor). The weight

cap factor is between 0 and 1 and is designed to set a 15% cap on the weight of a constituent bond.dirty price = clean price + accrued interestinterest and returns on reinvestment in the report period refer to returns from reinvesting the current month’s


(III) Real-time index calculation

SSE Index Series is calculated on a real time basis.

To be more specific, at the end of call auction on each trading day, the opening price generated from the call auction (or closing price of the previous trading day in the absence of any trade during call auction) will be used to calculate the opening index. The index will then be recalculated every two seconds throughout the trading hours and released to the public on a real-time basis every six seconds. The price of each constituent stock (X) is determined as follows:

1. If no trade takes place on the day, X = closing price of the previous trading day;2. If any trades take place on the day, X = the last traded price.

IV Index Maintenance

(I) Maintenance formula

SSE Index Series is adjusted using a Divisor Adjustment Methodology.

In case of any changes in the list of constituents or in the equity structure of constituents, or variation in market capitalization due to any reason irrelevant to trading, the original divisor must be adjusted to ensure continuity of index. The formula for advisor adjustment is as follows:

Market capitalization prior to adjustment / original divisor = market capitalization after adjustment / new divisorwhere, market capitalization after adjustment = market capitalization prior to adjustment+ change in market

capitalization;The new divisor so determined (i.e. the divisor after adjustment, also called the new base period) will be used for

subsequent index calculation.

(II) Situations where adjustment is required

1. New listing – for composite indices (SSE Composite Index and SSE New Composite Index) and Sub-indices (SSE A-share Index, SSE B-share index and Sector Sub-indices), new listings are added to indices on their eleventh trading day.

2. Ex-dividend – In case of ex-dividend for a constituent stock (dividend payout), no adjustment is required.

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3. Ex-right – In case of bonus stock offer or rights issue for a constituent stock, the index is adjusted on the day prior to the base day for ex-rights.

Market capitalization after adjustment = ex-right price × number of share capital after ex-right + market capitalization prior to adjustment (excluding ex-right stocks)

4. Forex rate changes – On the last trading day of each trading week, the index is adjusted at the central parity rate of RMB against US dollars announced by the China Foreign Exchange Trade System.

5. Suspension of trading – When a constituent is suspended from trading, the last traded price is used for index calculation.

6. Delisting – When a constituent is to be delisted (termination of listing), the index is adjusted before the date of delisting.

7. Change of share capital – In case of equity structure changes in a constituent due to other reasons (increase of tradable shares resulting from additional offers, among others), the index will be adjusted on the day before such changes take place.

Market capitalization after adjustment = closing price × number of share capital after adjustment +market capitalization before adjustment (excluding the stocks in question)

8. Market closure – When A-share or B-share market is partially closed, the indices are calculated as usual; in case of closure of both A-share and B-share market, the indices will not be computed.

V Release of Indices

SSE Index Series is published widely both at home and abroad using various means.

1. Nationwide broadcasting via SSE’s real time satellite broadcasting system.2. Real-time global dissemination via Thomson Reuters, Bridge and Bloomberg Financial Service.3. The indices are also published in SSE’s Daily Market Quotes, Weekly Market Quotes and SSE Monthly Market

Statistics.

4. The indices are also available daily via SSE’s Internet website: htpp//www.sse.com.5. They are also transmitted after the close of the market in the form of an “E-Report” by e-mail to various

media, including China Securities Journal and Shanghai Securities News.

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Number of Constituents in SSE Indices

Index Code Index Name Short NameNumber of

Constituents

000001 SSE Composite Index SSE Index 908

000002 SSE A-share Index A-share Index 855

000003 SSE B-share Index B-share Index 53

000004 SSE Industrial Sub-index Industrial Sub-index 576

000005 SSE Commercial Sub-index Commercial Sub-index 60

000006 SSE Real Estate Sub-index Real Estate Sub-index 24

000007 SSE Public Utilities Sub-index Public Utilities Sub-index 95

000008 SSE Conglomerates Index Conglomerates Index 153

000010 SSE 180 Index SSE 180 180

000011 SSE Fund Index Fund Index 18

000012 SSE T-Bond Index T-Bond Index 34

000013 SSE Enterprise Bond Index Enterprise Bond Index 244

000015 SSE Dividend Index Dividend Index 50

000016 SSE 50 Index SSE 50 50

000017 SSE New Composite Index New Composite Index 842

000018 SSE 180 Financial Index SSE 180 Financial 21

000019 SSE Corporate Governance Index Corporate Governance Index 240

000020 SSE Medium Enterprise Composite Index Medium Enterprise Composite Index 423

000021 SSE 180 Corporate Governance Index SSE 180 Corporate Governance 100

000022 SSE Corporate Bond Index SSE Corporate Bond 120

000023 SSE Detachable Corporate Bond Index SSE Detachable Corporate Bond 17

000025 SSE 180 Infrastructure Index SSE 180 Infrastructure 26

000026 SSE 180 Natural Resource Index SSE 180 Natural Resource 28

000027 SSE 180 Transportation Index SSE 180 Transportation 16

000028 SSE 180 Growth Index SSE 180 Growth 60

000029 SSE 180 Value Index SSE 180 Value 60

000030 SSE 180 Relative Growth Index SSE 180 Relative Growth 145

000031 SSE 180 Relative Value Index SSE 180 Relative Value 144

000032 SSE Energy Index SSE Energy 25

000033 SSE Materials Index SSE Materials 50

000034 SSE Industrials Index SSE Industrials 50

000035 SSE Consumer Discretionary Index SSE Consumer Discretionary 50

000036 SSE Consumer Staples Index SSE Consumer Staples 30

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Index Code Index Name Short NameNumber of

Constituents

000037 SSE Health Care Index SSE Health Care Index 29

000038 SSE Financials Index SSE Financials 30

000039 SSE Information Technology Index SSE Information 25

000040 SSE Telecommunication Services Index SSE Telecommunication 7

000041 SSE Utilities Index SSE Utilities 29

000042 SSE Central SOEs 50 Index SSE Central SOEs 50

000043 SSE Mega-cap Index SSE Mega-cap 20

000044 SSE Mid-cap Index SSE Mid-cap 130

000045 SSE Small-cap Index SSE Small-cap 320

000046 SSE Small- & Mid-cap Index SSE Small- & Mid-cap 450

000047 SSE All-share Index SSE All-share 500

000048 SSE Social Responsibility Index Social Responsibility Index 100

000049 SSE Private Enterprises 50 Index Private Enterprises Index 50

000054 SSE Overseas-listing A Share Index SSE Overseas 34

000055 SSE Local SOEs 50 Index SSE Local SOEs 50

000056 SSE State-owned Enterprises 100 Index SSE SOEs 100

000057 SSE All-share Growth Index All-share Growth 150

000058 SSE All-share Value Index All-share Value 150

000059 SSE All-share Relative Growth Index All-share Relative Growth 401

000060 SSE All-share Relative Value Index All-share Relative Value 401

000061 SSE Enterprise Bond 30 Index SSE Enterprise Bond 30 30

000062 SSE Shanghai Enterprises Index SSE Shanghai Enterprises 50

000063 SSE Cyclical Industry 50 Index SSE Cyclical 50

000064 SSE Non-cyclical Industry 100 Index SSE Non-cyclical 100

000065 SSE Industry Top Index SSE Industry Top 70

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Market Cap and Weight of Constituent Stocks in SSE 180 Index (2009 year-end)

Code Short NameNumber of Tradable

Shares (10,000 shares)

Market Cap of Tradable Shares (RMB 10,000)

Closing Price (RMB)

Weight in 180 Index

(%)

600000Pudong Development

Bank792589 17191248 21.69 2.92

600005 Wuhan Iron & Steel 313535 2596072 8.28 0.65

600007 China World Trade Center 100728 1236943 12.28 0.06

600008 Beijing Capital 220000 1592800 7.24 0.16

600009 Shanghai Airport 109348 1904836 17.42 0.42

600010 Baotou Steel 272065 1262383 4.64 0.30

600011Huaneng Power

International287821 2305449 8.01 0.55

600015 Hua Xia Bank 378400 4699728 12.42 0.63

600016 Minsheng Bank 1882300 14888995 7.91 3.78

600018Shanghai Port &

Container2099080 12174664 5.80 0.62

600019 Baoshan Iron & Steel 1751200 16916592 9.66 1.29

600022 Jinan Iron & Steel 312048 1644493 5.27 0.17

600026China Shipping Development

210855 3025773 14.35 0.23

600027Huadian Power

International459006 2464860 5.37 0.14

600028China Petroleum &

Chemical6992195 98520029 14.09 1.50

600029 China Southern Airlines 150000 909000 6.06 0.25

600030 CITIC Securities 657047 20874376 31.77 3.72

600031 Sany Heavy Industry 148800 5477328 36.81 0.56

600033 Fujian Express 89317 589489 6.60 0.15

600036 China Merchants Bank 1565889 28264296 18.05 5.03

600037 Gehua Cable TV 106036 1504652 14.19 0.23

600048 Poly Real Estate 318805 7141223 22.40 0.80

600050 China Unicom 2119660 15452319 7.29 1.57

600052 Zhejiang Guangsha 42232 350529 8.30 0.09

600058 Minmetals Development 107191 2081651 19.42 0.21

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600064Nanjing Xingang High-

Tech34415 875507 25.44 0.16

600068 Gezhouba 122796 1437939 11.71 0.39

600085 Tongrentang 52083 1095298 21.03 0.14

600089 Tebian Electric 179738 4277754 23.80 0.87

600096 Yuntianhua 29078 699917 24.07 0.18

600100 Tsinghua Tongfang 97697 1829866 18.73 0.33

600104 SAIC Motor 655103 17117839 26.13 0.89

600108 Yasheng Group 144119 831567 5.77 0.20

600109 Sinolink Securities 26766 646391 24.15 0.18

600111 Baotou Steel Rare-Earth 49316 1352235 27.42 0.34

600123 Lanhua Sci-Tech Venture 57120 2498429 43.74 0.38

600127 Jinjian Cereals 54446 460068 8.45 0.09

600138 China Youth Travel 33291 530993 15.95 0.17

600150 China State Shipbuilding 26256 2043740 77.84 0.26

600151 Shanghai Aerospace 74854 861574 11.51 0.09

600153 Xiamen C & D 124319 1611181 12.96 0.25

600158 China Sports 60003 495028 8.25 0.13

600161Tiantan Biological

Products48825 1298745 26.60 0.17

600162 Heungkong Holding 36170 319017 8.82 0.09

600166 Foton Motor 60280 1148327 19.05 0.26

600177 Yongor 143069 2075938 14.51 0.40

600183 Shengyi Tech 95666 990141 10.35 0.15

600188 Yanzhou Coal 36000 829440 23.04 0.35

600196 Fosun Pharmaceutical 68565 1341815 19.57 0.37

600208 Xinhu Zhongbao 318295 3160668 9.93 0.26

600216 Zhejiang Medicine 44998 1600574 35.57 0.24

600219 Nanshan Aluminum 82871 1096389 13.23 0.33

600220 Jiangsu Sunshine 127396 737622 5.79 0.18

600221 Hainan Airlines 334519 2224554 6.65 0.11

600236 Guiguan Electric 80556 633978 7.87 0.12

600239 Yunnan City Investment 22997 628264 27.32 0.18

600246Vantone Pioneer Real

Estate101400 1016028 10.02 0.13

600251 Guannong Fruit & Antler 36210 920458 25.42 0.12

600256 Guanghui Industry 55321 1266849 22.90 0.27

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600266Beijing Urban Construction

72100 1289869 17.89 0.17

600269 Ganyue Expressway 233534 2029409 8.69 0.26

600295 Eerduosi 19200 247680 12.90 0.08

600307 Jiu Steel Group Hongxing 87360 1325251 15.17 0.16

600309 Yantai Wanhua 166333 3993666 24.01 0.50

600320Zhenhua Heavy

Industries254760 2634217 10.34 0.47

600322Tianjin Reality Development

104081 658836 6.33 0.12

600325 Huafa 81705 1531143 18.74 0.31

600331 Hongda 60800 1099264 18.08 0.29

600348 Guoyang New Energy 96200 4653194 48.37 0.59

600362 Jiangxi Copper 35328 1420526 40.21 0.49

600376Beijing Capital Development

18016 354553 19.68 0.11

600383 Gemdale 218160 3028061 13.88 0.69

600395 Panjiang Refined Coal 26876 791221 29.44 0.25

600428 COSCO Shipping 131042 1382497 10.55 0.18

600432 Jien Nickel 70539 2073838 29.40 0.29

600438 Tongwei Co. 68752 721896 10.50 0.09

600456 Baoji Titanium 20953 480868 22.95 0.13

600489 Zhongjin Gold 37637 2193462 58.28 0.58

600497Chihong Zinc &

Germanium87545 2315564 26.45 0.41

600498Fiberhome

Telecommunication19991 534162 26.72 0.12

600500 Sinochem International 143759 1706419 11.87 0.22

600508 Shanghai Energy 72272 1817636 25.15 0.19

600518 Kangmei Pharmaceutical 169437 1801115 10.63 0.32

600519 Kweichow Moutai 94380 16027612 169.82 1.62

600528 China Railway Erju 129280 1688397 13.06 0.24

600533 Chixia Development 105000 704550 6.71 0.11

600547 Shandong Gold 34596 2778059 80.30 0.73

600550 Tianwei Baobian 57232 1807387 31.58 0.47

600583 Offshore Oil Engineering 312420 3561588 11.40 0.38

600585 Anhui Conch Cement 102248 5098085 49.86 0.66

600596 Xinan Chemical 21868 986454 45.11 0.25

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600598 Heilongjiang Agriculture 171448 2614583 15.25 0.26

600600 Tsingtao Brewery 27852 1047510 37.61 0.32

600601Founder Science &

Technology172649 889141 5.15 0.22

600611 Dazhong Transportation 71503 868763 12.15 0.19

600622Jiabao Industry & Commerce Group

45247 555177 12.27 0.13

600631 Brilliance Group 110103 1984051 18.02 0.30

600635 Dazhong Public Utilities 149534 1600010 10.70 0.32

600638 New Huang Pu 56116 968008 17.25 0.18

600639 Pudong Jinqiao 59695 816632 13.68 0.08

600641 Wanye Enterprise 80616 767463 9.52 0.10

600642 Shenergy 288963 3288401 11.38 0.42

600643 AJ Trust & Investment 72289 836379 11.57 0.24

600649 Shanghai Chengtou 111424 1407284 12.63 0.37

600655 Yuyuan Tourist Mart 79851 2182334 27.33 0.43

600660 Fuyao Glass 176290 2633768 14.94 0.38

600663 Lujiazui Lujiazui 135808 3433236 25.28 0.26

600674 Chuantou Energy 33696 545879 16.20 0.15

600675 China Enterprise 80332 1184090 14.74 0.28

600685Guangzhou Shipyard

International33728 893454 26.49 0.11

600688 S Sinopec Shanghai 72000 789840 10.97 0.27

600690 Qingdao Haier 75569 1873368 24.79 0.51

600694 Dashang Group 26773 1172389 43.79 0.33

600717 Tianjin Port 86930 1080545 12.43 0.26

600718 Neusoft 25177 569251 22.61 0.16

600723 Xidan Market 29727 323133 10.87 0.08

600736Suzhou New District Hi-

Tech85795 721538 8.41 0.11

600737 Cofco Tunhe 48685 815466 16.75 0.21

600739 Liaoning Chengda 90185 3435156 38.09 0.87

600748Shanghai Industrial

Development87094 1214966 13.95 0.15

600755Xiamen International

Trade51181 799446 15.62 0.19

600770 Zongyi Co. 40500 698220 17.24 0.11

600779 Swellfun 29532 676586 22.91 0.19

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600795 GD Power 544777 4020454 7.38 0.51

600797 Insigma 81304 561000 6.90 0.14

600804 Dr. Peng 56151 609241 10.85 0.16

600808 Maanshan Iron & Steel 596775 3013714 5.05 0.31

600811 Oriental Group 124107 876196 7.06 0.24

600812 Northern China Pharm 102858 1203436 11.70 0.25

600816 Anxin Trust 45385 896807 19.76 0.16

600823 Shimao Real Estate 47836 796940 16.66 0.15

600832 Shanghai Oriental Pearl 318633 3619676 11.36 0.45

600837 Haitong Securities 400243 7680654 19.19 2.00

600839 Sichuan Changhon 189381 1242343 6.56 0.25

600867 Tonghua Dongbao 31372 413802 13.19 0.11

600872 Jonjee Hi-Tech 72422 756081 10.44 0.19

600875 Dongfang Electric 47522 2142775 45.09 0.39

600879Aerospace Times

Electronics60629 702083 11.58 0.19

600881 Yatai Group 189473 1720417 9.08 0.44

600886 Huajing Power 105463 1037754 9.84 0.15

600895 Zhangjiang Hi-tech 154869 1993163 12.87 0.25

600900 Yangtze Power 490938 6558931 13.36 1.50

600997 Kailuan Clean Coal 66044 1664967 25.21 0.40

601001 Datong Coal 83685 3764988 44.99 0.39

601006 Daqin Railway 1297676 13366060 10.30 1.01

601009 Bank of Nanjing 116121 2246934 19.35 0.64

601088 China Shenhua 180000 6267600 34.82 2.92

601111 Air China 784568 7618154 9.71 0.39

601166 Industrial Bank 398000 16043380 40.31 3.59

601168 Western Mining 171070 2514729 14.70 0.62

601169 Bank Of Beijing 395527 7649489 19.34 2.16

601186China Railway Construction

245000 2239300 9.14 0.71

601318 Ping An Insurance 392659 21631566 55.09 3.99

601328 Bank of Communications 1595493 14917862 9.35 4.24

601333 Guangshen Railway 537744 2565038 4.77 0.34

601390 China Railway 467500 2945250 6.30 0.82

601398 ICBC 25096235 136523517 5.44 2.01

601588 North Star North Star 266000 1577380 5.93 0.24

601600 Chalco 393130 5688598 14.47 0.71

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601601 China Pacific Insurance 257719 6602768 25.62 2.04

601628 China Life 150000 4753500 31.69 1.21

601666Pingdingshan Tianan

Coal139714 4470845 32.00 0.57

601699Lu’an Environmental

Energy115054 5957506 51.78 0.62

601727 Shanghai Electric 212569 2044910 9.62 0.15

601766China South Locomotive

& Rolling Stock300000 1707000 5.69 0.54

601808 China Oilfield Services 50000 813000 16.26 0.24

601857 Petrochina 400000 5528000 13.82 1.32

601866 China Shipping Container 233663 1081857 4.63 0.28

601872China Merchants Energy

Shipping343340 1943303 5.66 0.20

601898 China Coal Energy 152533 2071403 13.58 0.63

601899 Zijin Mining 632497 6097268 9.64 0.51

601918 SDIC Xinji 104778 1880758 17.95 0.17

601919 China COSCO 216287 3006386 13.90 0.81

601939 China Construction Bank 900000 5571000 6.19 1.40

601958Jinduicheng Molybdenum

64560 1230514 19.06 0.47

601988 Bank of China 17781891 76995588 4.33 0.71

601991Datang International Power Generation

846436 7660246 9.05 0.15

601998 Citic Bank 230193 1894491 8.23 0.49

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Market Cap and Weight of Constituent Stocks in SSE 50 Index (2009 year-end)

Code Short NameNumber of Tradable

Shares (10,000 shares)

Market Cap of Tradable Shares

(RMB 10,000)

Closing Price(RMB)

Weight in SSE 50 Index

(%)


Bank792589 17191248 21.69 4.36

600005 Wuhan Iron & Steel 313535 2596072 8.28 0.97

600009 Shanghai Airport 109348 1904836 17.42 0.62

600015 Hua Xia Bank 378400 4699728 12.42 0.95

600016 Minsheng Bank 1882300 14888995 7.91 5.65

600018Shanghai Port &

Container2099080 12174664 5.80 0.93

600019 Baoshan Iron & Steel 1751200 16916592 9.66 1.93


Chemical6992195 98520029 14.09 2.24

600029China Southern

Airlines150000 909000 6.06 0.38

600030 CITIC Securities 657047 20874376 31.77 5.56

600036China Merchants

Bank1565889 28264296 18.05 7.52

600048 Poly Real Estate 318805 7141223 22.40 1.19

600050 China Unicom 2119660 15452319 7.29 2.35

600104 SAIC Motor 655103 17117839 26.13 1.33

600177 Yongor 143069 2075938 14.51 0.60

600320Zhenhua Heavy

Industries254760 2634217 10.34 0.70

600362 Jiangxi Copper 35328 1420526 40.21 0.74

600519 Kweichow Moutai 94380 16027612 169.82 2.43

600550 Tianwei Baobian 57232 1807387 31.58 0.70

600598Heilongjiang Agriculture

171448 2614583 15.25 0.39

600642 Shenergy 288963 3288401 11.38 0.62

600739 Liaoning Chengda 90185 3435156 38.09 1.31

600795 GD Power 544777 4020454 7.38 0.76

600837 Haitong Securities 400243 7680654 19.19 3.00

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600900 Yangtze Power 490938 6558931 13.36 2.24

601006 Daqin Railway 1297676 13366060 10.30 1.52

601088 China Shenhua 180000 6267600 34.82 4.37

601111 Air China 784568 7618154 9.71 0.58

601166 Industrial Bank 398000 16043380 40.31 5.36

601168 Western Mining 171070 2514729 14.70 0.93

601169 Bank of Beijing 395527 7649489 19.34 3.23


245000 2239300 9.14 1.07

601318 Ping An Insurance 392659 21631566 55.09 5.96

601328Bank of

Communications1595493 14917862 9.35 6.34

601333 Guangshen Railway 537744 2565038 4.77 0.51

601390 China Railway 467500 2945250 6.30 1.23

601398 ICBC 25096235 136523517 5.44 3.01

601600 Chalco 393130 5688598 14.47 1.06

601601China Pacific

Insurance257719 6602768 25.62 3.05

601628 China Life 150000 4753500 31.69 1.80

601727 Shanghai Electric 212569 2044910 9.62 0.23

601766China South

Locomotive & Rolling Stock

300000 1707000 5.69 0.81

601857 Petrochina 400000 5528000 13.82 1.97

601898 China Coal Energy 152533 2071403 13.58 0.94

601899 Zijin Mining 632497 6097268 9.64 0.77

601919 China COSCO 216287 3006386 13.90 1.21

601939China Construction

Bank900000 5571000 6.19 2.09


64560 1230514 19.06 0.70

601988 Bank of China 17781891 76995588 4.33 1.07

601998 Citic Bank 230193 1894491 8.23 0.73

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2010 Fact Book 85

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perfo

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f SSE

180

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x(yr:2

009)

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Trading Turnover (100million RMB)Tr

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Stock Market

2010 Fact Book 85

Stock Market

Wee

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Stock Market

2010 Fact Book 87

Stock Market

Perfo

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ce O

f SSE

Com

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e Ind

ex(yr

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9)Tr

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2010 Fact Book 87

Stock Market

Histo

rical

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f SSE

Com

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e Ind

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Tra

ding

Turn

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Stock Market

2010 Fact Book 89

Stock Market

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ce O

f SS

E 50

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ing T

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2010 Fact Book 89

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Histo

rical

Perfo

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f SSE

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2010 Fact Book 91


Listed Companies


Listed Companies

Listed Companies

IPO Criteria

(I) Qualifications of Issuer

1.The issuer must be a duly incorporated company limited by shares and legally existing.With the approval of the State Council, a limited liability company may, when it is converted into a company limited

by shares in accordance with law, make a public offering of shares by the method of establishment by share offer.2.The issuer shall have been in operation for three or more consecutive years after the establishment of the

company limited by shares, unless otherwise approved by the State Council.For any company limited by shares which has been transformed as a whole from a limited liability company by

converting its original book value of net assets into shares, the required operation period may be counted from the date of establishment of the limited liability company.

3.The issuer shall have paid the registered capital in full amount and have completed the procedures for the transfer of ownership of the assets contributed as capital by promoters or shareholders. There is no major ownership dispute over the issuer’s main assets.

4.The production and business operation of the issuer shall conform to laws, administrative regulations and its articles of association as well as the national industrial policies.

5.In the most recent three years, there must have been no significant change in the principal business, directors and senior management of the issuer, nor any change of its de facto controller.

6.The equity interests in the issuer must be clearly defined and there shall be no major ownership dispute over the shares held by the controlling shareholder and by the shareholders under the control of the controlling shareholder or de-facto controller.

(II) Independence

1.The issuer shall have a complete business structure and the capability to operate independently in the market.2.The issuer shall maintain the integrity of its assets. A production enterprise shall have the production system,

auxiliary production systems and supporting facilities that are related to production and operation, lawfully possess the ownership of or the use rights to the land, factory buildings, machineries and equipment, as well as trademarks, patents and non-patented technology that are related to the production and operation, and have independent raw material procurement and product sales systems. Non-production enterprises shall have the business system and relevant assets that are related to their operation.

3.The personnel of the issuer shall be independent. The senior officers of the issuer, such as the general manager, deputy general manager, person in charge of finance and secretary to the board of directors, shall not hold any position other than the position of director or supervisor in the controlling shareholder, de facto controller or other enterprises controlled by them, nor shall they receive salaries from the controlling shareholder, de facto controller or other enterprises controlled by them. The financial personnel of the issuer may not concurrently hold positions in the controlling shareholder, de facto controller or other enterprises controlled by them.

4.The finance of the issuer shall be independent. The issuer shall establish an independent financial accounting system, shall be able to make financial decisions independently, and shall have a sound financial accounting system and a financial management system for its branches and/or subsidiaries. The issuer shall not share a bank account with the

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controlling shareholder, de facto controller and other enterprises controlled by them.5.The organizational structure of the issuer shall be independent. The issuer shall establish and enhance the internal

operation and management organization to independently perform the functions of operation and management, and there shall not be a mixing of organizations between the issuer and the controlling shareholder, de facto controller and other enterprises controlled by them.

6.The business of the issuer shall be independent. The business of the issuer shall be independent from the controlling shareholder, de facto controller and other enterprises controlled by them. There must be no intra-industry competition, nor any obviously unfair related-party transaction between the issuer and the controlling shareholder, de facto controller and other enterprises controlled by them.

7.There shall not be other serious defects in the issuer’s independence.

(III) Sound Operations

1.The issuer shall have established sound systems of shareholders’ general meeting, board of directors, board of supervisors, independent directors and secretary to board of directors in accordance with law, and the relevant organizations and personnel shall be capable of performing their duties in accordance with law.

2.The directors, supervisors and senior officers of the issuer shall understand the laws and regulations relating to the issuance and listing of shares and shall be aware of the statutory obligations and liabilities of a listed company and its directors, supervisors and senior officers.

3.The directors, supervisors and senior management personnel of the issuer shall meet the employment qualifications prescribed by laws, administrative regulations and rules and shall not fall under any of the following circumstances:

(1)Being banned from the securities market by the CSRC and the ban is still valid;(2)Having been subject to any administrative sanction by the CSRC in the most recent 36 months, or any public

censure by the stock exchange in the most recent 12 months; or(3)Being under the investigation initiated by the judicial authority for suspected crimes or under the investigation

initiated by the CSRC for suspected irregularities, and there has been no conclusive opinion yet.4.The internal control system of the issuer shall be robust and effectively implemented and shall be able to

reasonably ensure the reliability of its financial report, the legitimacy of its production and operation and the efficiency and effect of its operation.

5.The issuer shall not fall under any of the following circumstances:(1)Within the most recent 36 months, it has made a public offer or disguised public offer of securities without the

verification and approval of the statutory authority; or the relevant illegal act is still continuing at the moment although it was committed more than 36 months before;

(2)Within the most recent 36 months, it has been subject to administrative penalty for violation of laws and administrative regulations relating to industry and commerce administration, taxation, land administration, environmental protection, customs and others areas, and the circumstances are serious;

(3)Within the most recent 36 months, it has submitted an offer application to the CSRC but the offer application documents submitted contain falsehoods, misleading statements or material omissions; or it did not meet the offering conditions but has obtained approval of offer by fraudulent means; or it interfered with the review work of the CSRC and the public offering review committee by improper means; or it has forged or altered the signatures and seals of the issuer or any of its directors, supervisors or senior officers;

(1)The offer application documents submitted for the proposed offer contain falsehoods, misleading statements or

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material omissions;(2)It is subject to the investigation initiated by the judicial authority for suspected crimes and there has been no

conclusive opinion yet; or(3)Other circumstances where the lawful rights and interests of investors or the public interests are seriously harmed.6.The articles of association of the issuer shall have set forth the approval authority and deliberation procedure for

external guarantees and no illegal guarantee shall have been provided to its controlling shareholder, de facto controller or any other enterprises controlled by them.

7.The issuer shall have a rigorous fund management system and its funds shall not be appropriated by the controlling shareholder, de factor controller or any other enterprise controlled by them in the form of loans, repayment of debts, advance payment or otherwise.

(IV) Finance and Accounting

1.The assets of the issuer shall be of good quality, the asset and liability structure shall be reasonable, the profitability shall be relatively strong and the cash flow shall be normal.

2.The internal control of the issuer shall be effective in all material respects, and a certified public accountant has issued an assurance report on its internal control with an unqualified opinion.

3.The issuer’ basic accounting work shall be legally compliant, its financial statements shall present fairly, in all material respects, its financial position, financial performance and cash flow in accordance with the accounting standards for business enterprises and other relevant accounting rules, and a certified public accountant has issued an unqualified audit report.

4.The financial statements prepared by the issuer shall be based on the transactions or matters that have actually occurred. Due care shall be maintained in conducting accounting recognition, measurement and reporting. Consistent accounting policy shall be applied for identical or similar economic activities without arbitrary changes.

5.The issuer shall fully disclose its relationship with related parties and appropriately disclose its related-party transactions according to the principle of materiality. The prices of related-party transactions shall be fair and there shall be no manipulation of profits through related-party transactions.

6.The issuer shall meet the following conditions:(1)The net profits in the last three fiscal years shall be positive and exceed RMB 30 million in aggregate; the net

profits shall be calculated on the basis of the lower of the net profits before and after deducting non-recurring profits and losses;

(2)The net cash flow from business operation in the last three fiscal years shall exceed RMB 50 million in aggregate; or the business revenue in the last three fiscal years shall exceed RMB 300 million in aggregate;

(3)The total amount of share capital before the offer shall not be less than RMB 30 million;(4)The intangible assets as at the end of the last reporting period (after deducting land use rights, aquaculture rights,

mining rights, etc.) shall not account for more than 20% of the net assets; and(5)there shall be no loss that has not been made up as at the end of the last reporting period.7.The issuer shall pay taxes in accordance with law and all tax benefits shall be in compliance with applicable laws

and regulations. The issuer’s performance results shall not be heavily reliant on tax benefits.8.The issuer shall be free from any serious debt service risk and shall not be involved in any guarantee, litigation,

arbitration or other significant contingent events that may affect its ability to continue as a going concern.9.None of the following circumstances may exist in the documents submitted by the issuers:(1) Deliberate omission or fabrication of any transaction, matter or other important information;

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(2)Abuse of any accounting policy or accounting estimate; or(3)Manipulation, falsification or alteration of any accounting record or relevant vouchers on which the preparation of

financial statements is based.10.The issuer may not fall under any of the following circumstances that has an impact on its sustainable profitability:(1)Its business model or its mix of products or services has undergone or will undergo a material change which has

or will have a significant adverse impact on its sustainable profitability;(2)Its position in the industry or the business environment for its industry has undergone or will undergo a material

change which has or will have a significant adverse impact on its sustainable profitability;(3)Its revenues or net profits in the most recent year are heavily reliant on any related party or any client susceptible

to great uncertainty;(4)Its net profits in the most recent year have been primarily derived from investment returns off its consolidated

financial statements;(5)There is a risk of material adverse change in the availability or use of the important assets or technologies being

used by the issuer, such as trademarks, patents, proprietary technology and franchise rights; or(6)Other circumstances that would have a significant adverse impact on its sustainable profitability.

(V) Use of Offer Proceeds

1.There shall be specific purposes for the offer proceeds which, in principle, shall be used for its principal business.Except for financial enterprises, the offer proceeds shall not be used for holding trading financial assets and available-

for-sale financial assets, lending to others, trustee investment, or investing either directly or indirectly in any company that principally engages in trading securities.

2.The amount of the offer proceeds and the project to be funded by the offer proceeds shall be commensurate with the issuer’s current production and operation scale, financial position, technical level and management capability, etc.

3.The project to be funded by the offer proceeds conform to national industrial policies and the laws, regulations and rules on investment administration, environmental protection and land management as well as other applicable laws, regulations and rules.

4.The board of directors of the issuer shall carry out a careful analysis on the feasibility of the project to be funded by the offer proceeds and ensure that such project has relatively good market prospects and profitability, in order to prevent investment risks and raise the efficiency of the application of the offer proceeds.

5.The implementation of the project to be funded by the offer proceeds shall not give rise to intra-industry competition or have an adverse impact on the independence of the issuer.

6.The issuer shall establish a special deposit system for the offer proceeds and deposit the offer proceeds in the special account determined by its board of directors.

Listing Criteria for IPO Shares

An issuer that applies to SSE for listing its IPO shares shall meet the following conditions:1. Its shares have been issued to the public with the approval of the CSRC;2. Its total amount of share capital shall not be less than RMB 50 million;3. Its shares issued to the public account for 25% or more of its total shares; for an issuer whose total share capital

exceeds RMB 400 million, the aforesaid percentage shall be 10%;4. It has not committed any serious illegal act and there has been no falsehood in its financial reports in the most

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recent 3 years; and5. Other conditions as required by SSE.

Listing Procedures

1. The issuer and its sponsor submit offering application documents to SSE Offering & Listing Department prior to share offering.

2. Private placement and public offering.3.The issuer and its sponsor submit listing application documents to SSE Offering & Listing Department prior to

listing.4. SSE makes a decision whether or not to grant an approval and notify the issuer of the result within 5 trading days

from receipt of the listing application.5. Listing of IPO shares.

Application Documents for Listing of IPO Shares

The issuer and its sponsor should submit the following listing application documents to SSE Offering & Listing Department prior to listing:

1.Listing application;2.The CSRC’s approval document for the IPO;3.The resolutions of the board of directors and the shareholders’ meeting in respect of the IPO and listing;4.Photocopy of the issuer’s business license;5.The articles of association of the issuer;6.The financial reports of the issuer for the most recent three years as audited according to law by a CPA firm

qualified for practice in securities- and futures-related business;7.Document evidencing custody of all its shares after the IPO with SD&C Shanghai Branch;8.Capital verification report produced after the IPO by a CPA firm qualified for practice in securities- and futures-

related business;9.Particulars on the shareholdings of directors, supervisors and senior officers and the Declaration and Undertaking

with regard to Directors, Supervisors and Senior Officers;10.Relevant materials of the person who is intended to be appointed or has been appointed as the board secretary

by the issuer;11.The financial information newly added during the period from the IPO to the listing pursuant to relevant

regulations, and a statement on relevant material matters, if applicable;12.The undertakings prescribed in Sections 5.1.4 and 5.1.5 of the SSE Listing Rules;13.Latest prospectus and the full set of offering application documents as reviewed by the CSRC.14.Listing announcement prepared according to the SSE Guidelines on the Contents and Formats of Stock Listing

Announcements;15.Sponsorship agreement;16.Letter of listing sponsorship produced by a sponsor;17.Legal opinion issued by a law firm; and18.Other documents as required by SSE.

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Public Offering Criteria for Listed Companies

Listed companies applying for public offering of securities shall first meet the following general requirements:

1. The listed company should have a proper and well-operating organizational structure and meets the following conditions:

(1)It has lawful and valid articles of association and a complete set of systems of the shareholders’ meeting, board of directors, board of supervisors and independent directors that can effectively exercise their respective functions and powers according to law;

(2)It has a sound internal control system that ensures the efficiency, legitimacy and compliance of its business operation and the reliability of its financial reports. Its internal control system is complete, rational and effective and free from any major flaws;

(3)Its incumbent directors, supervisors and senior officers are qualified for their posts and are able to faithfully exercise their duties with due diligence. They have not committed any acts as provided in Article 148 and Article 149 of the Company Law and have not been subject to any administrative penalties by the CSRC in the past 36 months and subject to any public censure by the stock exchange in the past 12 months;

(4)Its personnel, assets, finance, organization and business are segregated from that of its controlling shareholder or de facto controller and it is able to operate and manage its business independently; and

(5)It has not provided any illegal external guaranty in the past 12 months.

2. The listed company should have sustainable profitability and meet the following conditions:(1)It has been profitable in the most recent 3 financial years in a row. The computation is based on the lowest

between the net profit after deducting non-recurrent profit and loss and the net profit before such reduction;(2)It has relatively stable business and profit sources and does not heavily rely on its controlling shareholder or de

facto controller;(3)Its current principal business or investment area has the potential of sustainable development. It has a sound

operation model and investment plan and its main products and services have good prospects. There are no actual or foreseeable significant adverse changes in the industry’s business environment and market demand;

(4)It has stable senior management and core technology personnel with no significant adverse movement in the past 12 months;

(5)It has lawfully obtained its major assets, core technology or other major interest and is able to continue using the same and there are no actual or foreseeable significant adverse changes in this regard;

(6)It is not involved in any guaranty, legal proceedings, arbitration or other significant events that may seriously affect its continued operation; and

(7)For a listed company that has issued securities to the pubic in the past 24 months, the profit from its principal business in the year of such issuance should be more than 50% of that of the previous year.

3. The listed company should have sound financial position and meet the following conditions:(1)Its basic accounting practice is proper and in strict compliance with the uniform accounting system of the State;(2)Its financial statements for the most recent 3 financial years and the latest term have not been issued a qualified

opinion, adverse opinion or disclaimer of opinion by a CPA. In the case it has been issued an unqualified opinion with

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an emphasis of matter paragraph by a CPA, the matter covered shall have no significant adverse effect on the issuer or such significant adverse effect has ceased to exist before the proposed issuance;

(3)The quality of its assets is good and its bad assets are not sufficient to pose a significant impact to its financial position;

(4)Its results are reliable and cash flow is normal. The determination of its revenue, cost and expenses is in strict accordance with the enterprise accounting standards of the State. It has made sufficient provision for asset impairment and has not fabricated its performance results in the most recent 3 years; and

(5)The total profits it has distributed in cash in the most recent 3 years are no less than 30% of the average annual distributable profits for the same period.

4. In the past 36 months, there have been no falsehoods in the financial statements of the listed company, and the listed company has not committed any of the following serious illegal acts:

(1)Subject to any administrative penalty by the CSRC or any criminal punishment as a result of its violation of securities-related laws, administrative regulations or rules;

(2)Subject to the administrative penalty for serious malfeasance or any criminal punishment, as a result of violation of laws, regulations or rules governing industry, commerce, taxation, land, environment protection, and customs; and

(3)Violation of other State laws and administrative regulations and the circumstances are serious.

5. The amount and use of the proceeds from securities issuance shall comply with the following requirements:(1)The amount of the proceeds does not exceed what is needed for the proposed project;(2)The use of the proceeds conforms to national industrial policies and applicable laws and administrative regulations

on environment protection and land management;(3)Except for financial enterprises, the proceeds shall not be used for holding trading financial assets and available-

for-sale financial assets, lending to others, financial investment like trustee investment, or investing either directly or indirectly in any company that mainly engages in trading securities;

(4)The implementation of the proposed project will not make the listed company compete with its controlling shareholder or de facto controller, nor will it affect the independence of its business operation; and

(5)The listed company should establish a special deposit system and deposit the proceeds in the special account designated by its board of directors.

6. Any listed company in any of the following circumstances may not issue securities publicly:(1)Its current application for the issuance contains falsehoods, misleading statements or material omissions;(2)It has changed the use of proceeds from its previous issuance without approval and fails to make rectification;(3)It has been subject to the public censure of the stock exchange in the past 12 months;(4)The listed company, its controlling shareholder or de facto controller has failed in the past 12 months to fulfill any

commitment they made publicly to investors;(5)The listed company or any of its incumbent director or senior officer is under the investigation initiated by the

judicial department for suspected crimes or under the investigation initiated by the CSRC for suspected irregularities; or(6)Other circumstances that seriously harm the legitimate rights and interests of investors and the public interest.

Rights Issue

Issuance of shares to existing shareholders (rights issue) shall, apart from meeting the general requirements

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aforesaid, meet the following conditions:1.The number of rights shares does not exceed 30% of the total share capital before the share placement;2.The controlling shareholder shall make a commitment publicly with respect to the number of rights shares it will

subscribe for; and3.The method of best-effort underwriting as provided in the Securities Law shall be adopted. Where the controlling shareholder fails to fulfill its commitment for subscription for rights shares, or the number of

rights shares subscribed by the existing shareholders after the expiry of the underwriting period is less than 70% of the total number of rights shares on offer, the issuer shall refund, at the issue price plus bank deposit interest for the same period, the money of the shareholders who have subscribed for the rights shares.

Follow-on Offering

Issuance of shares to non-specific investors (follow-on offering) shall, apart from meeting the general requirements aforesaid, meet the following conditions:

1.Its weighted average rate of return on equity in the most recent 3 financial years is not less than 6%. The net profit after deducting non-recurrent profit and loss, and the net profit before such reduction, whichever is lower, is taken as the basis for calculating the weighted average rate of return on equity;

2.except for financial enterprises, there are no large amount of trading financial assets, available-for-sale financial assets, loans to others and financial investment like trustee investment at the end of the current term; and

3.The issue price shall not be less than the average share price of the listed company in the 20 trading days immediately preceding the announcement of the intent for share offer or the average price of the previous trading day.

Special Treatment

In case of abnormal financial condition or other abnormalcy that exposes the listed company to the risk of listing termination or makes investors unable to come up with reasonable judgment on its prospects and may consequently damage their interest, the company shall be put under Special Treatment.

A Special Treatment may either be a warning of the risk of listing termination (Delisting Risk Warning) or other kind of Special Treatment.

Delisting Risk Warning includes:1.Putting a *ST before the short name of the stock; and2.Imposing a 5% daily price up and down limit.

The other kind of Special Treatment includes:1.Putting a ST before the short name of the stock; and2.Imposing a 5% daily price up and down limit.

In any of the following cases, the stock of a listed company will be issued a Delisting Risk Warning:

1.The company has been in the red in the last two consecutive years (based on the audited net profits disclosed in the latest two annual reports);

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2.After correcting the serious errors or falsehoods in its financial report either on its own initiative or by the order of the CSRC, the company adjusts its previous annual report retroactively and as a result, the company goes into red for the last two consecutive years;

3.The company has been ordered by the CSRC to correct the serious errors or falsehoods in its financial report but fails to mend its way before the deadline, and the company’s stock has been suspended from trading for two months;

4.The company fails to disclose its annual report or half-year report within the statutory period, and the company’s stock has been suspended from trading for two months;

5.The company is likely to be dissolved;6.The court has accepted the company’s bankruptcy case and is likely to declare the company bankrupt

according to law; or7.Other circumstances involving delisting risk as recognized by SSE.

In any of the following cases, the stock of a listed company will be subject to other kind of Special Treatment:

1.Shareholders’ equity interest in the last fiscal year is negative as shown in the auditor’s report; 2.The financial reports for the last fiscal year have been issued a disclaimer of opinion or an adverse opinion by a

CPA firm;3.For a company the Delisting Risk Warning on which has been lifted as a result of its profitability after continued

losses, the audited results for the last fiscal year indicate its principal business activities have not been in normal operation, or its net profits after deducting non-recurring gains and losses were negative;

4.Most of its facilities have been destroyed due to natural disasters or grave accidents, and business activities have been seriously affected and not likely to return to normal within three months;

5.The principal bank account of the company is frozen;6.The board of directors is unable to convene meetings and come to resolutions;7.Pursuant to Article 71 of the Interim Measures on the Sponsor System for the Offering and Listing of Securities,

the CSRC instructs SSE to put the stock of the company under Special Treatment; or8.Other circumstances as recognized by the CSRC and SSE.

If the circumstances leading to a Special Treatment cease to exist, a listed company may apply to SSE for lifting such treatment.

Listing Suspension and Listing Termination

In any of the following cases, the stock of a listed company will be suspended from listing:1.The listed company remains in the red in the first fiscal year after the company is issued a delisting risk warning

due to two-year straight losses (including retrospective adjustment);2.The listed company still fails to correct its financial report as required within two months after the company is

issued a delisting risk warning due to its failure to correct serious errors or falsehoods in its financial report before the deadline;

3.The listed company still fails to disclose its annual or half-year report within two months after the company is issued a delisting risk warning due to its failure to disclose such report before the deadline;

4.The listed company no long meets listing criteria due to changes in its total capital stock and equity structure;

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5.The listed company commits serious illegal acts; or6.Other circumstances as recognized by SSE.

In any of the following cases, the stock of a listed company will be terminated from listing:

1.Within the statutory period, the company fails to release its latest report since a listing suspension is imposed due to occurrence of the 1st circumstance for listing suspension as mentioned above;

2.Since the stock of the listed company is suspended from listing as a result of occurrence of the 1st circumstance for listing suspension as mentioned above, the company is still in the red as shown in the latest annual report disclosed by the company before the deadline;

3.Since the stock of the listed company is suspended from listing as a result of occurrence of the 1st circumstance for listing suspension as mentioned above, the company fails to apply for listing resumption within five trading days following its release of its latest annual report;

4.Its application for listing resumption is not accepted;5.Its application for listing resumption is not approved;6.During the period of listing suspension, its shareholders’ general meeting adopts a resolution on listing

termination;7.After the stock of the listed company is suspended from listing as a result of occurrence of the 2nd circumstance

for listing suspension as mentioned above, it still fails to disclose the restated relevant financial report within two months, or the company fails to apply for listing resumption within five trading days after its release of its restated relevant financial report within two months;

8.After the stock of the listed company is suspended from listing as a result of occurrence of the 3rd circumstance for listing suspension as mentioned above, it still fails to disclose the relevant annual or half-year report within two months, or the company fails to apply for listing resumption within five trading days after its release of its relevant annual or half-year report within two months;

9.The listed company no long meets listing criteria due to changes in its total capital stock and equity structure and still fails to meet the listing criteria during the period specified by SSE;

10.The listed company or acquirer repurchases shares or makes a tender offer for the purpose of listing termination and, after implementation of relevant plan, the company no long meets listing criteria as a result of changes in its total capital stock and equity structure and applies to SSE for listing termination;

11.The listed company is dissolved or is declared bankrupt; or12.Other circumstances as recognized by SSE.

Pursuant to the relevant regulations of the CSRC, SSE Expert Committee for Listed Companies will consider delisting matters with regard to a listed company and form an opinion, and SSE will, based on such opinion, decide whether or not to terminate listing of the company.

In case of other circumstances that may lead to listing termination, SSE will delist the relevant company in line with the decision of the CSRC.

2010 Fact Book 102

Listed Companies

2010 Fact Book 103

Listed Companies

Listing Agreement

The application for listing shares and the derivatives thereon on SSE shall be submitted to SSE for examination and approval. Prior to listing, the issuer shall sign with SSE a listing agreement specifying the rights, obligations and other relevant matters with respect to both parties.

Listing Criteria for Convertible Bonds

A listed company that applies to SSE for listing its convertible bonds shall meet the following conditions:1.The maturity of the convertible bonds is more than one year;2.The amount of the convertible bonds actually issued is not less than RMB 50 million; and3.The listed company still meets the statutory requirements for issuing convertible bonds when it applies for listing

the convertible bonds.

Listing Criteria for Warrants

For warrants based on equities, such equities shall meet the following conditions on the date on which the application for listing the warrants is filed with SSE:

1.Market capitalization of free-float shares shall be no less than RMB 3 billion in the most recent 20 trading days; 2.Aggregate turnover rate shall be more than 25 percent in the most recent 60 trading days; 3.Free-float capital stock shall be no less than 300 million shares; and4.Other conditioned as required by the Exchange.

If the securities underlying the warrants are other types of securities, the criteria for such securities shall be prescribed by SSE separately.

The warrants to be listed on SSE shall meet the following conditions:1.Warrant type, exercise price, duration, exercise date, settlement mode, and exercise ratio must be specified;2.Warrants to be listed shall be no less than 50 million units;3.There are at least 100 holders, each of whom holds no less than 1,000 units;4.Duration of the warrants shall be between 6 to 24 months since the date of listing;5.The issuer has provided the performance guarantee as specified in Article 11 of the Interim Measures of Shanghai

Stock Exchange on the Administration of Warrant Business; and6.Other conditions as required by the Exchange.

2010 Fact Book 104

Listed Companies

2010 Fact Book 105

Listed Companies

Number and Sector Distribution of Listed Companies, 1991-2009

Year Industrial Commercial Real Estate Public Utilities Conglomerates Total

1991 3 2 0 0 3 8

1992 20 3 1 1 4 29

1993 63 14 8 11 10 106

1994 93 34 9 15 20 171

1995 109 34 9 12 24 188

1996 164 46 9 22 52 293

1997 218 50 9 33 73 383

1998 257 49 9 38 85 438

1999 291 49 9 39 96 484

2000 347 54 9 50 112 572

2001 402 56 13 59 116 646

2002 451 60 15 67 122 715

2003 505 60 15 72 128 780

2004 546 59 17 82 133 837

2005 544 58 17 83 132 834

2006 544 58 19 88 133 842

2007 545 58 24 90 143 860

2008 547 58 24 91 144 864

2009 549 57 25 91 148 870

2010 Fact Book 104

Listed Companies

2010 Fact Book 105

Listed Companies

Geographical Distribution of Listed Companies

RegionNumber of

Listed CompaniesPercentage

(%)New Listings

in 2009Percentage

(%)

Anhui 28 3.22 0 0.00

Beijing 82 9.43 5 55.56

Fujian 29 3.33 0 0.00

Gansu 10 1.15 0 0.00

Guangdong 39 4.48 2 22.22

Guangxi 11 1.26 0 0.00

Guizhou 9 1.03 0 0.00

Hainan 7 0.80 0 0.00

Hebei 16 1.84 0 0.00

Henan 20 2.30 0 0.00

Heilongjiang 21 2.41 0 0.00

Hubei 34 3.91 0 0.00

Hunan 18 2.07 0 0.00

Jilin 18 2.07 0 0.00

Jiangsu 66 7.59 0 0.00

Jiangxi 16 1.84 0 0.00

Liaoning 26 2.99 0 0.00

Inner Mongolia 15 1.72 0 0.00

Ningxia 4 0.46 0 0.00

Qinghai 6 0.69 0 0.00

Shandong 48 5.52 0 0.00

Shanxi 16 1.84 0 0.00

Shaanxi 15 1.72 0 0.00

Shanghai 151 17.36 1 11.11

Sichuan 32 3.68 1 11.11

Tianjin 17 1.95 0 0.00

Tibet 6 0.69 0 0.00

Xinjiang 21 2.41 0 0.00

Yunnan 13 1.49 0 0.00

Zhejiang 61 7.01 0 0.00

Chongqing 15 1.72 0 0.00

2010 Fact Book 106

Listed Companies

2010 Fact Book 107

Listed Companies

Newly Listed Stocks in 2009

As at the end of 2009, there were 914 listed stocks on SSE, 6 stocks more than the same period of the previous year. Among the 914 stocks, 860 were A Shares and the rest 54 were B Shares. The number of listed companies was 870, 6 companies more than a year earlier. There were 9 newly listed companies in the year. The total number of shares issued reached 1,665.996 billion, up 8.11% compared with 2008, of which 1,157.856 billion were tradable shares, up 135.53% from 2008. As at the end of 2009, total market capitalization and free-float market capitalization on SSE were RMB 18,465.521 billion and RMB 11,480.499 billion respectively.

Stock Code

Short Name SectorIssue Price

(RMB)Listing Date

Opening Price (RMB)

Closing Price (RMB)


SecuritiesConglomerates 31.000 2009-11-17 35.010 33.610

601107 Sichuan Expressway Conglomerates 3.600 2009-7-27 7.600 10.900

601139 Shenzhen Gas Public utilities 6.950 2009-12-25 13.220 15.170

601299 China CNR Industrial 5.560 2009-12-29 5.800 5.690

601618 Metallurgical Co. Industrial 5.420 2009-9-21 7.330 6.940

601668 China Construction Real Estate 4.180 2009-7-29 6.700 6.530

601788 Everbright Securities Conglomerates 21.080 2009-8-18 30.000 27.400

601888 CITS Conglomerates 11.780 2009-10-15 16.110 17.080

601989China Shipbuilding

IndustryIndustrial 7.380 2009-12-16 8.410 8.300

2010 Fact Book 106

Listed Companies

2010 Fact Book 107

Listed Companies

Newly Listed Companies in 2009

Stock Code Short NameMethod of

Issuance

Number of Shares

Issued (10,000

shares)

Issue Price

(RMB)

Lottery Success

Rate (%)

Proceeds (RMB

10,000)

*P/E Ratio

(times) *


Securities

Offline price inquiry

and online fixed-

price offering

35855.00 31.00 1.01 1111493.04 56.26

601107Sichuan

Expressway


and online fixed-

price offering

50000.00 3.60 0.26 180000.00 20.00

601139 Shenzhen Gas


and online fixed-

price offering

13000.00 6.95 0.19 90350.00 49.64

601299 China CNR


and online fixed-

price offering

250000.00 5.56 1.33 1390000.00 49.21

601618 Metallurgical Co.


and online fixed-

price offering

350000.00 5.42 1.18 1897000.00 41.90

601668 China Construction


and online fixed-

price offering

1200000.00 4.18 2.83 5016000.00 51.29

601788Everbright

Securities


and online fixed-

price offering

52000.00 21.08 0.81 1096160.00 58.56

601888 CITS


and online fixed-

price offering

22000.00 11.78 0.47 259160.00 49.08

601989China Shipbuilding

Industry


and online fixed-

price offering

199500.00 7.38 1.36 1472310.00 42.14

* P/E ratio is diluted. New listings in this table included all those whose listing date fell within 2009.

2010 Fact Book 108

Listed Companies

2010 Fact Book 109

Listed Companies

Newly Listed Companies in 2009 (continued)Stock Code

Short Name Issuing Date Listing DateProspectus

Publication DateLead Underwriter

600999China

Merchants Securities

2009-11-10 2009-11-17 2009-11-3Goldman Gao Hua Securities

Co., Ltd.

601107Sichuan

Expressway2009-7-15 2009-7-27 2009-7-6

China Galaxy Securities Co., Ltd.

601139 Shenzhen Gas 2009-12-11 2009-12-25 2009-12-3 Guosen Securities Co., Ltd.

601299 China CNR 2009-12-21 2009-12-29 2009-12-10China International Capital Co.,

Ltd.

601618Metallurgical

Co.2009-9-9 2009-9-21 2009-8-31 Citic Securities Co., Ltd.

601668China

Construction2009-7-22 2009-7-29 2009-7-13

China International Capital Co., Ltd.

601788Everbright Securities

2009-8-4 2009-8-18 2009-7-27 Orient Securities Co., Ltd.

601888 CITS 2009-9-23 2009-10-15 2009-9-15 China Securities Co., Ltd.

601989China

Shipbuilding Industry

2009-12-7 2009-12-16 2009-11-25China International Capital Co.,

Ltd.

Rights Issues by Listed Companies in 2009

Stock Code

Short NameRecord Date

Announcement Date of Rights

Issue Prospectus

Announcement Date of Share Capital Change

Listing DateIssue Price

(RMB)

Proceeds (RMB

10,000)

600068 Gezhouba 2009-11-2 2009-10-29 2009-11-132009-11-

174.26 205406

600497Chihong Zinc & Germanium

2009-11-30

2009-11-26 2009-12-142009-12-

167.69 175152

600525Changyuan

Group2009-8-18 2009-8-14 2009-9-3 2009-9-7 8.88 43771

600590Tellhow Sci-

Tech2009-7-29 2009-7-27 2009-8-14 2009-8-18 7.56 64217

600755Xiamen

International Trade

2009-12-9 2009-12-7 2009-12-252009-12-

297.31 104781

Note: Rights issues in this table included all those whose record date fell within 2009.

2010 Fact Book 108

Listed Companies

2010 Fact Book 109

Listed Companies

Equity Structure of Listed Companies (2009 year-end)

Category of SharesValue of Issuance(RMB 100 million)

Percentage(%)

Market Capitalization (RMB 100 million)

Percentage in Total Market Cap (%)

1. Promoter’s shares 4540.90 20.485 63835.50 34.570

State-owned shares 4173.34 18.827 58349.83 31.599

Shares owned by domestic legal person entities

310.93 1.403 4704.57 2.548

Shares owned by foreign institutional investors

40.84 0.184 579.14 0.314

Individual promoter’s shares 15.79 0.071 201.96 0.109

2. Legal person shares 5.19 0.023 64.40 0.035

3. Employee shares 0.00 0.000 0.00 0.000

4. Placement to institutions 4.86 0.022 90.58 0.049

5. Others 530.45 2.393 5859.75 3.173

Sub-total of non-tradable shares

5081.40 22.924 69850.23 37.827

1.RMB-denominated common shares in domestic offering

11455.02 51.677 113949.64 61.709

2.Foreign-currency shares in domestic offering

123.54 0.557 855.34 0.460

3.Foreign currency-denominated shares in

overseas offering5506.55 24.842 0.00 0.000

4. Others 0.00 0.000 0.00 0.000

Sub-total of tradable shares 17085.11 77.076 114804.99 62.170

Total number of shares 22166.50 100.000 184655.21 100.000

2010 Fact Book 110

Listed Companies

2010 Fact Book 111

Listed Companies

Share Capital Changes of Listed Companies in 2009

Stock Code

Short NameTotal Share

CapitalA-share

Free-floatB-share

Free-floatReason for

Capital ChangeDate of Capital

Change

600000 Pudong Development Bank 904159132 0 0Listing of additional

A-Shares2009-10-9

600000 Pudong Development Bank 0 649173239 0Expiry of lock-up period relating to share reform

2009-5-12

600000 Pudong Development Bank 2264539002 2264539002 0 Bonus shares 2009-6-10

600001 Handan Iron & Steel 0 207696282 0Expiry of lock-up period relating to share reform

2009-4-30

600003 ST Northeast Expressway 0 181980000 0Expiry of lock-up period relating to share reform

2009-2-26

600005 Wuhan Iron & Steel 152333 152333 0 Exercise of warrants 2009-4-21

600006 Dongfeng Automobile 0 1202000000 0Expiry of lock-up period relating to share reform

2009-11-13

600007 China World Trade Center 0 207282534 0Listing of restricted tradable shares

2009-10-30

600007 China World Trade Center 0 600000000 0Expiry of lock-up

period relating to share reform

2009-5-20

600008 Beijing Capital 0 1359291609 0Expiry of lock-up period relating to share reform

2009-4-20

600010 Baotou Steel 6318 6318 0 Debt-to-equity swap 2009-1-7




600012 Wantong Expressway 0 533878000 0Expiry of lock-up period relating to share reform

2009-4-3

600015 Hua Xia Bank 0 1583500000 0Expiry of lock-up period relating to share reform

2009-6-8

600016 Minsheng Bank 3321706000 0 0Capital change due to

other reason2009-11-27

600016 Minsheng Bank 0 928200000 0Listing of restricted tradable shares

2009-8-24

600017 Rizhao Port 249510000 0 0Listing of additional

A-Shares2009-9-9

600017 Rizhao Port 0 800000000 0Listing of restricted tradable shares

2009-10-19

2010 Fact Book 110

Listed Companies

2010 Fact Book 111

Listed Companies

600018 Shanghai Port & Container 0 12998288086 0 Merger 2009-10-27

600018 Shanghai Port & Container 106602 106602 0 Exercise of warrants 2009-3-11

600020 Zhongyuan Express 0 321135194 0Expiry of lock-up period relating to share reform

2009-6-25

600020 Zhongyuan Express 21191625 9528190 0 Bonus shares 2009-6-15

600021 Shanghai Electric Power 0 1496046000 0Expiry of lock-up period relating to share reform

2009-4-17

600022 Jinan Iron & Steel 1386880000 624234130 0 Bonus shares 2009-4-24

600022 Jinan Iron & Steel 0 285992201 0Listing of restricted tradable shares

2009-11-12

600022 Jinan Iron & Steel 0 1429961006 0Expiry of lock-up period relating to share reform

2009-6-10

600027 Huadian Power International 750000000 0 0Listing of additional

A-Shares2009-12-4

600027 Huadian Power International 0 3148103094 0Expiry of lock-up period relating to share reform

2009-8-6


Chemical0 57087800493 0

Expiry of lock-up period relating to share reform

2009-10-16

600029 China Southern Airlines 721150000 0 0Capital change due to


600029 China Southern Airlines 721150000 0 0Listing of additional

A-Shares2009-8-25

600033 Fujian Express 350000000 350000000 0Listing of additional

A-Shares2009-12-21

600035 Chutian Express 0 497402317 0Expiry of lock-up period relating to share reform

2009-12-29

600036 China Merchants Bank 4412161148 3613561148 0 Bonus shares 2009-7-6

600036 China Merchants Bank 79587 79587 0 Debt-to-equity swap 2009-11-13

600036 China Merchants Bank 0 4799233254 0Expiry of lock-up period relating to share reform

2009-3-2




600037 Gehua Cable TV 665 665 0 Debt-to-equity swap 2009-1-7

600037 Gehua Cable TV 0 476919370 0Expiry of lock-up period relating to share reform

2009-3-3



2010 Fact Book 112

Listed Companies

2010 Fact Book 113

Listed Companies

600039 Sichuan Road & Bridge 0 15200000 0Expiry of lock-up period relating to share reform

2009-1-15

600048 Poly Real Estate 0 199540956 0Listing of restricted tradable shares

2009-2-2

600048 Poly Real Estate 0 1561193515 0Listing of restricted tradable shares

2009-7-31

600048 Poly Real Estate 735702956 375427529 0 Bonus shares 2009-5-4

600048 Poly Real Estate 331674958 0 0Listing of additional

A-Shares2009-7-17

600050 China Unicom 0 10754658735 0Expiry of lock-up period relating to share reform

2009-5-19

600051 Ningbo United Group 0 106311439 0Expiry of lock-up period relating to share reform

2009-5-18

600053 Zhongjiang Real Estate 60214000 16639374 0 Bonus shares 2009-5-13

600053 Zhongjiang Real Estate 0 261447757 0Listing of restricted tradable shares

2009-12-29

600055Wandong Medical

Equipment0 89856000 0


2009-4-13

600056 China Medicine 0 122240160 0Expiry of lock-up period relating to share reform

2009-6-18

600058 Minmetals Development 0 522772985 0Expiry of lock-up period relating to share reform

2009-10-19

600059 Guyue Longshan 186240000 110728800 0 Bonus shares 2009-4-30

600060 Hisense Electric 84000000 0 0Listing of additional

A-Shares2009-12-28

600060 Hisense Electric 0 238967810 0Expiry of lock-up period relating to share reform

2009-6-12

600061Sinotex Investment &

development0 111515323 0


2009-7-28

600062Double-Crane Pharmaceutical

0 17328774 0Listing of restricted tradable shares

2009-4-30


95282658 52651084 0 Bonus shares 2009-7-17

600063Wanwei Updated High-Tech

Material0 107306235 0


2009-4-13

600064 Nanjing Xingang High-Tech 0 118295877 0Expiry of lock-up period relating to share reform

2009-5-8

600066 Yutong Bus 0 25994586 0Expiry of lock-up period relating to share reform

2009-3-13

2010 Fact Book 112

Listed Companies

2010 Fact Book 113

Listed Companies

600067 Citychamp Dartong 0 12000000 0Listing of restricted tradable shares

2009-8-13

600067 Citychamp Dartong 0 104016627 0Expiry of lock-up period relating to share reform

2009-1-5

600068 Gezhouba 482174079 442140392 0 Listing of rights shares 2009-11-17

600069 Yinge Industrial Investment 0 52552800 0Expiry of lock-up period relating to share reform

2009-8-24

600069 Yinge Industrial Investment 124049429 0 0Listing of additional

A-Shares2009-6-3

600070 Zhejiang Furun 0 22006584 0Expiry of lock-up period relating to share reform

2009-5-20

600071 Phenix Optical 0 11873622 0Expiry of lock-up period relating to share reform

2009-6-1

600072 CSSC 0 144995136 0Expiry of lock-up period relating to share reform

2009-4-13

600073 Shanghai Meiling 0 145200000 0Expiry of lock-up period relating to share reform

2009-12-15

600074 Zhongda Group 0 227480854 0Expiry of lock-up period relating to share reform

2009-6-26

600075 Xinjiang Tianye 0 189760000 0Expiry of lock-up period relating to share reform

2009-5-12

600076 *ST Huaguang 0 8329600 0Expiry of lock-up period relating to share reform

2009-8-10

600077 Baike Group 0 15911842 0Expiry of lock-up period relating to share reform

2009-3-11

600078Chengxing Phosph-

Chemical0 74116723 0


2009-7-9


Chemical284 284 0 Debt-to-equity swap 2009-7-3

600079 Renfu Hi-Tech 82500000 0 0Listing of additional

A-Shares2009-9-2

600080 ST Ginwa 0 102835200 0Expiry of lock-up period relating to share reform

2009-6-15

600081Dongfeng Electronics

Technology0 15678000 0


2009-1-12

600082 Hi-Tech Development 323057913 248344786 0 Bonus shares 2009-5-12

600082 Hi-Tech Development 0 106471170 0Expiry of lock-up period relating to share reform

2009-5-25

600083 ST Boxin 0 24083834 0Expiry of lock-up period relating to share reform

2009-3-16

2010 Fact Book 114

Listed Companies

2010 Fact Book 115

Listed Companies

600084 ST Guoan Vine 339558500 0 0Listing of additional

A-Shares2009-9-2

600084 ST Guoan Vine 0 23000000 0Expiry of lock-up period relating to share reform

2009-12-28

600088 China Television Media 0 18486623 0Expiry of lock-up period relating to share reform

2009-7-6

600089 Tebian Electric 599125241 599125241 0 Bonus shares 2009-6-4

600089 Tebian Electric 0 243770816 0Expiry of lock-up period relating to share reform

2009-5-8

600090 Hops 0 152162304 0Expiry of lock-up period relating to share reform

2009-2-23

600091 Tomorrow Technology 0 1082817 0Expiry of lock-up period relating to share reform

2009-6-3

600093 Sichuan Hejia 0 109127250 0Expiry of lock-up period relating to share reform

2009-12-22

600093 Sichuan Hejia 0 16122375 0Expiry of lock-up period relating to share reform

2009-3-26

600094 *ST Worldbest -38763569 -30569 0Capital change due to


600094 *ST Worldbest -52356663 -52356663 0Capital change due to


600095 Harbin High-Tech 0 36126356 0Expiry of lock-up period relating to share reform

2009-3-25

600095 Harbin High-Tech 0 74367637 0Expiry of lock-up period relating to share reform

2009-8-5

600096 Yuntianhua 53771012 53771012 0 Exercise of warrants 2009-3-11

600096 Yuntianhua 0 26804468 0Expiry of lock-up period relating to share reform

2009-8-18

600097Kaichuang Marine

International0 15926222 0


2009-8-12

600099 Linhai Co. 0 76824000 0Expiry of lock-up period relating to share reform

2009-9-2

600100 Tsinghua Tongfang 0 246983074 0Expiry of lock-up period relating to share reform

2009-2-10

600101 Mingxing Electric Power 0 4381605 0Expiry of lock-up period relating to share reform

2009-3-2

600104 SAIC Motor 0 3275030000 0Listing of restricted tradable shares

2009-12-7

600105 Jiangsu Yongding 0 78367692 0Expiry of lock-up period relating to share reform

2009-11-26

2010 Fact Book 114

Listed Companies

2010 Fact Book 115

Listed Companies

600106 Chongqing Road & Bridge 37510000 37510000 0 Bonus shares 2009-4-20

600108 Yasheng Group 295800665 0 0Listing of additional

A-Shares2009-12-15

600108 Yasheng Group 0 223590104 0Expiry of lock-up period relating to share reform

2009-9-7

600109 Sinolink Securities 500121062 133828414 0 Bonus shares 2009-6-8

600109 Sinolink Securities 0 56443320 0Listing of restricted tradable shares

2009-2-2

600110 China-Kinwa 338770699 230262504 0 Bonus shares 2009-6-2

600110 China-Kinwa 0 286524587 0Expiry of lock-up period relating to share reform

2009-7-27

600111 Baotou Steel Rare-Earth 0 80307338 0Expiry of lock-up period relating to share reform

2009-4-3

600112 Changzheng Electric 0 98138159 0Expiry of lock-up period relating to share reform

2009-2-27

600113 Zhejiang Dongri 0 63750000 0Expiry of lock-up period relating to share reform

2009-2-9

600115 ST China Eastern Airlines 1437375000 0 0Listing of additional

A-Shares2009-7-6

600115 ST China Eastern Airlines 1350000000 0 0Listing of additional

A-Shares2009-12-25

600115 ST China Eastern Airlines 490000000 0 0Capital change due to


600115 ST China Eastern Airlines 1437375000 0 0Capital change due to


600116Three Gorges Water

Conservancy0 16025680 0


2009-12-28

600118 China Spacesat 58756332 28602455 0 Bonus shares 2009-4-22

600119 Yangtze River Investment 50000000 0 0Listing of additional

A-Shares2009-2-10

600119 Yangtze River Investment 0 92957391 0Expiry of lock-up period relating to share reform

2009-1-12

600120 Zhejiang Orient 0 116906580 0Expiry of lock-up period relating to share reform

2009-1-23

600121Zhengzhou Coal Industry &

Electric Power0 268146000 0


2009-8-24

600122 Hongtu High Technology 125000000 0 0Listing of additional

A-Shares2009-1-19

2010 Fact Book 116

Listed Companies

2010 Fact Book 117

Listed Companies

600123 Lanhua Sci-Tech Venture 0 205695000 0Expiry of lock-up period relating to share reform

2009-3-2

600126 Hangzhou Iron & Steel 0 34140112 0Expiry of lock-up period relating to share reform

2009-1-19

600127 Jinjian Cereals 0 112256550 0Expiry of lock-up period relating to share reform

2009-12-2

600128 Jiangsu Holly 0 59229535 0Expiry of lock-up period relating to share reform

2009-3-16

600128 Jiangsu Holly 0 47320000 0Listing of restricted tradable shares

2009-6-2

600129 Taiji Group 0 128117994 0Expiry of lock-up period relating to share reform

2009-1-16

600130 *ST Ningbo Bird 0 329798400 0Expiry of lock-up period relating to share reform

2009-4-7

600131 Minjiang Hydropower 0 50839542 0Expiry of lock-up period relating to share reform

2009-1-21

600132 Chongqing Brewery 0 192191702 0Expiry of lock-up period relating to share reform

2009-9-28

600133 East Lake High Technology 0 23482737 0Expiry of lock-up period relating to share reform

2009-8-14

600135 Lucky Film 0 48307500 0Expiry of lock-up period relating to share reform

2009-3-13

600136 Wuhan Double 0 26941629 0Expiry of lock-up period relating to share reform

2009-10-16

600137 Langsha Holding 26400000 0 0Listing of additional

A-Shares2009-6-3

600139 Western Resources 67748201 29993164 0 Bonus shares 2009-9-2

600139 Western Resources 0 5905490 0Expiry of lock-up period relating to share reform

2009-2-25

600139 Western Resources 48391572 21423688 0 Bonus shares 2009-6-3

600141 Xingfa Chemicals Group 0 49198399 0Expiry of lock-up period relating to share reform

2009-4-7

600141 Xingfa Chemicals Group 50400000 49200000 0 Bonus shares 2009-5-6

600146 Dayuan Chemical 0 120800000 0Expiry of lock-up period relating to share reform

2009-2-23

600148 Changchun Yidong 0 85656450 0Expiry of lock-up period relating to share reform

2009-7-6

600149 *ST C&T 0 47438200 0Expiry of lock-up period relating to share reform

2009-6-1

2010 Fact Book 116

Listed Companies

2010 Fact Book 117

Listed Companies

600150 China State Shipbuilding 0 115703808 0Expiry of lock-up period relating to share reform

2009-6-3

600151 Shanghai Aerospace 0 404840448 0Expiry of lock-up period relating to share reform

2009-4-7

600152 Veken Elite 0 54544578 0Expiry of lock-up period relating to share reform

2009-6-22

600153 Xiamen C & D 0 461952000 0Expiry of lock-up period relating to share reform

2009-4-10

600155 *ST Baoshuo 0 19806827 0Expiry of lock-up period relating to share reform

2009-9-10

600156 Hunan Huasheng 0 156608898 0Expiry of lock-up period relating to share reform

2009-6-29

600157 Lurun 0 1480643 0Expiry of lock-up period relating to share reform

2009-12-25

600158 China Sports 0 40177875 0Expiry of lock-up period relating to share reform

2009-2-2

600159 Dalong Real Estate 0 138392076 0Expiry of lock-up period relating to share reform

2009-2-6

600160 Zhejiang Juhua 0 261810000 0Expiry of lock-up period relating to share reform

2009-2-2

600161 Tiantan Biological Products 0 250312500 0Expiry of lock-up period relating to share reform

2009-5-25

600163 Fujian Nanzhi 0 217500000 0Listing of restricted tradable shares

2009-3-27

600163 Fujian Nanzhi 0 231482964 0Expiry of lock-up period relating to share reform

2009-5-15

600165 Ningxia Hengli 0 33810628 0Expiry of lock-up period relating to share reform

2009-2-27

600166 Foton Motor 0 55000000 0Listing of restricted tradable shares

2009-7-17

600167 Luenmei Group Holding 0 10350000 0Expiry of lock-up period relating to share reform

2009-3-31

600168Wuhan Sanzhen Industry

Holding0 250792500 0


2009-4-20

600169 Taiyuan Heavy Industry 0 106560000 0Listing of restricted tradable shares

2009-12-29

600169 Taiyuan Heavy Industry 0 46600194 0Expiry of lock-up period relating to share reform

2009-4-13

600169 Taiyuan Heavy Industry 268063455 142872116 0 Bonus shares 2009-5-26

2010 Fact Book 118

Listed Companies

2010 Fact Book 119

Listed Companies

600169 Taiyuan Heavy Industry 74600000 0 0Listing of additional

A-Shares2009-1-5

600170 Shanghai Construction 0 38896020 0Expiry of lock-up period relating to share reform

2009-7-3

600171 Shanghai Beiling 0 178728296 0Expiry of lock-up period relating to share reform

2009-1-23

600172 Henan Huanghe Whirlwind 0 82699600 0Expiry of lock-up period relating to share reform

2009-8-7

600173 Wolong Real Estate 0 2142224 0Expiry of lock-up period relating to share reform

2009-1-12

600173 Wolong Real Estate 0 292099 0Expiry of lock-up period relating to share reform

2009-5-22

600173 Wolong Real Estate 72859700 72859700 0Listing of additional

A-Shares2009-12-8

600175 Meidu Holding 171000001 0 0Listing of additional

A-Shares2009-6-22

600175 Meidu Holding 0 21988894 0Expiry of lock-up period relating to share reform

2009-7-28

600176 China Fiberglass 0 154654848 0Expiry of lock-up period relating to share reform

2009-8-17

600177 Yongor 0 198979237 0Expiry of lock-up period relating to share reform

2009-5-18

600178 Dongan Auto Engine 0 228789000 0Expiry of lock-up period relating to share reform

2009-7-6

600179 Heilongjiang HeiHua 0 11307577 0Expiry of lock-up period relating to share reform

2009-6-23

600180 *ST Jiufa 0 1154658 0Expiry of lock-up period relating to share reform

2009-8-4

600183 Shengyi Tech 0 987188 0Expiry of lock-up period relating to share reform

2009-9-29

600183 Shengyi Tech 0 216356262 0Expiry of lock-up period relating to share reform

2009-3-18

600184 New Huaguang 0 5250000 0Expiry of lock-up period relating to share reform

2009-11-26

600185 *ST Gree Real Estate 0 89911250 0Expiry of lock-up period relating to share reform

2009-3-18

600185 *ST Gree Real Estate 240000000 0 0Listing of additional

A-Shares2009-9-7

600187 ST Interchina 0 0 0Non-tradable share

reform2009-4-17

2010 Fact Book 118

Listed Companies

2010 Fact Book 119

Listed Companies

600190 Jinzhou Port 246000000 0 0Listing of additional

A-Shares2009-4-2

600190 Jinzhou Port 223163400 134819979 0 Bonus shares 2009-6-17

600190 Jinzhou Port 0 234860525 0Expiry of lock-up period relating to share reform

2009-7-13

600191 Huazi Industry 0 263911200 0Expiry of lock-up period relating to share reform

2009-3-10

600193 Prosolar Real Estate 0 45227000 0Expiry of lock-up period relating to share reform

2009-2-18

600195 China Animal Husbandry 0 19500000 0Expiry of lock-up period relating to share reform

2009-3-30

600196 Fosun Pharmaceutical 0 54773919 0Expiry of lock-up period relating to share reform

2009-4-27

600197 Yilite 0 225711341 0Expiry of lock-up period relating to share reform

2009-8-12

600198 Datang Telecom 0 6462297 0Expiry of lock-up period relating to share reform

2009-6-24

600198 Datang Telecom 0 160685695 0Expiry of lock-up period relating to share reform

2009-6-1

600199 Golden Seed Wine 0 65649315 0Expiry of lock-up period relating to share reform

2009-7-6

600201 Jinyu Group 0 18637012 0Expiry of lock-up period relating to share reform

2009-7-13

600202 Harbin Air Conditioning 0 140629632 0Expiry of lock-up period relating to share reform

2009-9-7

600202 Harbin Air Conditioning 63890112 40451840 0 Bonus shares 2009-5-12

600203 Furi Electronics 0 95085100 0Expiry of lock-up period relating to share reform

2009-8-24

600203 Furi Electronics 0 15084500 0Expiry of lock-up period relating to share reform

2009-3-25

600207 ST Ancai 0 154108413 0Expiry of lock-up period relating to share reform

2009-12-28

600208 Xinhu Zhongbao 0 84318784 0Expiry of lock-up period relating to share reform

2009-2-16

600208 Xinhu Zhongbao 0 2112000000 0Listing of restricted tradable shares

2009-11-30

600208 Xinhu Zhongbao 562552311 361098870 0 Merger 2009-9-4

600210 Zijiang Enterprise 0 276649936 0Expiry of lock-up period relating to share reform

2009-7-29

2010 Fact Book 120

Listed Companies

2010 Fact Book 121

Listed Companies

600212 Jiangquan Industry 0 68550415 0Expiry of lock-up period relating to share reform

2009-7-9

600213 Yaxing Motor Coach 0 11000000 0Expiry of lock-up period relating to share reform

2009-7-10

600215 Changchun Jingkai 0 78259200 0Expiry of lock-up period relating to share reform

2009-12-28

600216 Zhejiang Medicine 0 154100024 0Expiry of lock-up period relating to share reform

2009-3-9

600217 *ST Qinling 0 159681760 0Expiry of lock-up period relating to share reform

2009-7-13

600218 Quanchai Engine 0 102472500 0Expiry of lock-up period relating to share reform

2009-3-6

600219 Nanshan Aluminum 132510310 132510310 0 Debt-to-equity swap 2009-8-31




600220 Jiangsu Sunshine 0 89167016 0Expiry of lock-up period relating to share reform

2009-3-9

600221 Hainan Airlines 0 341196702 0Expiry of lock-up period relating to share reform

2009-3-23

600221 Hainan Airlines 0 1781507214 0Expiry of lock-up period relating to share reform

2009-9-29

600222 Taloph Pharmaceutical 0 144828221 0Expiry of lock-up period relating to share reform

2009-8-31

600223 ST Lushang Property 0 8859300 0Expiry of lock-up period relating to share reform

2009-3-2

600223 ST Lushang Property 464718000 0 0Listing of additional

A-Shares2009-1-9

600225 ST Songjiang -18 10292318 0Non-tradable share

reform2009-10-28

600225 ST Songjiang 327085485 0 0Listing of additional

A-Shares2009-10-22

600225 ST Songjiang 44795690 7775149 0 Bonus shares 2009-10-28

600226 Shenghua Biok 0 106199896 0Expiry of lock-up period relating to share reform

2009-2-10

600227 Chitianhua 288 288 0 Debt-to-equity swap 2009-1-7

600227 Chitianhua 0 30581134 0Expiry of lock-up period relating to share reform

2009-2-2


2010 Fact Book 120

Listed Companies

2010 Fact Book 121

Listed Companies



600228 Changjiu Biochemical 0 109657500 0Expiry of lock-up period relating to share reform

2009-6-8

600229 Qingdao Soda Ash 100660000 0 0Listing of additional

A-Shares2009-6-25

600229 Qingdao Soda Ash 0 16936353 0Expiry of lock-up period relating to share reform

2009-6-30

600230 Cangzhou Dahua 0 138459870 0Expiry of lock-up period relating to share reform

2009-5-20

600232 Golden Eagle 352655 352655 0 Debt-to-equity swap 2009-1-7


600232 Golden Eagle 0 14225372 0Expiry of lock-up period relating to share reform

2009-12-9


600234 *ST Tianlong 0 14460420 0Expiry of lock-up period relating to share reform

2009-8-26

600235 Minfeng Special Paper 0 116452300 0Expiry of lock-up period relating to share reform

2009-4-28

600236 Guiguan Electric 0 107457168 0Expiry of lock-up period relating to share reform

2009-8-10

600236 Guiguan Electric 0 61952 0Expiry of lock-up period relating to share reform

2009-3-27

600238 Hainan Yedao 0 8946495 0Expiry of lock-up period relating to share reform

2009-2-17


2009-3-4


2009-9-28

600239 Yunnan City Investment 131750000 0 0Listing of additional

A-Shares2009-4-15

600239 Yunnan City Investment 0 13300359 0Expiry of lock-up period relating to share reform

2009-11-30

600239 Yunnan City Investment 211135688 72221531 0 Bonus shares 2009-6-17

600240 Huaye Realestate 0 158943174 0Expiry of lock-up period relating to share reform

2009-12-28

600241 Shidai Wanheng 0 5300000 0Expiry of lock-up period relating to share reform

2009-4-13

2010 Fact Book 122

Listed Companies

2010 Fact Book 123

Listed Companies

600242 ST Hualong 0 7564543 0Non-tradable share

reform2009-1-5

600243 Qinghai Huadin 50000000 0 0Listing of additional

A-Shares2009-7-10

600243 Qinghai Huadin 0 31035000 0Expiry of lock-up period relating to share reform

2009-12-29

600246 Vantone Pioneer Real Estate 507000000 244257630 0 Bonus shares 2009-4-17

600246 Vantone Pioneer Real Estate 0 312000000 0Listing of restricted tradable shares

2009-12-25

600246 Vantone Pioneer Real Estate 0 213484740 0Expiry of lock-up period relating to share reform

2009-9-9

600248Yanchang Petroleum

Chemical101426000 30441000 0 Bonus shares 2009-5-19

600250 Nanfang Textile 0 90516562 0Expiry of lock-up period relating to share reform

2009-7-20

600251 Guannong Fruit & Antler 120700000 86808337 0 Bonus shares 2009-5-13

600251 Guannong Fruit & Antler 0 90574989 0Expiry of lock-up period relating to share reform

2009-5-26

600251 Guannong Fruit & Antler 0 11100000 0Listing of restricted tradable shares

2009-6-4

600252 Zhongheng Group 43489480 33464016 0 Bonus shares 2009-6-15

600252 Zhongheng Group 0 5009570 0Expiry of lock-up period relating to share reform

2009-1-12

600252 Zhongheng Group 0 13046844 0Expiry of lock-up period relating to share reform

2009-12-28

600253 *ST Topfond 0 166053625 0Expiry of lock-up period relating to share reform

2009-4-20

600255 Xinke New Materials 0 79000000 0Listing of restricted

tradable shares2009-3-5

600255 Xinke New Materials 0 128182382 0Expiry of lock-up period relating to share reform

2009-6-22

600256 Guanghui Industry 0 30947609 0Expiry of lock-up period relating to share reform

2009-4-14

600256 Guanghui Industry 86606125 50291753 0 Bonus shares 2009-4-24

600257 Dahu Aquaculture 0 79518000 0Expiry of lock-up period relating to share reform

2009-5-20

600258 Capital Tourism 0 11570000 0Expiry of lock-up period relating to share reform

2009-1-19

2010 Fact Book 122

Listed Companies

2010 Fact Book 123

Listed Companies

600259 ST Nonferrous Metals 0 4730000 0Non-tradable share

reform2009-1-19

600260 Kaile Technology 263820000 263820000 0 Bonus shares 2009-6-26

600261 Zhejiang Yankon 0 92186797 0Expiry of lock-up period relating to share reform

2009-11-9

600263 CRBC 0 208380586 0Expiry of lock-up period relating to share reform

2009-3-30

600265 Jinggu Forestry 0 61320000 0Expiry of lock-up period relating to share reform

2009-9-21

600266 Beijing Urban Construction 0 331500000 0Expiry of lock-up period relating to share reform

2009-2-9

600267 Hisun Pharmaceutical 34500000 34500000 0Listing of additional

A-Shares2009-11-11

600267 Hisun Pharmaceutical 0 198223448 0Expiry of lock-up period relating to share reform

2009-2-16

600268 Guodian Nanjing Automation 0 80100000 0Expiry of lock-up period relating to share reform

2009-4-27

600269 Ganyue Expressway 1167669211 1167669211 0 Bonus shares 2009-9-15

600269 Ganyue Expressway 0 490161413 0Expiry of lock-up period relating to share reform

2009-6-19

600269 Ganyue Expressway 1732 1732 0 Exercise of warrants 2009-3-4

600271 Aisino 0 218841240 0Expiry of lock-up period relating to share reform

2009-5-18

600271 Aisino 307800000 307800000 0 Bonus shares 2009-6-1

600272 Kai Kai lndustrial 0 24300000 0Expiry of lock-up period relating to share reform

2009-4-17

600273 Huafang Textile 0 76240000 0Expiry of lock-up period relating to share reform

2009-12-14

600275 ST Wuchangyu 0 177569217 0Expiry of lock-up period relating to share reform

2009-11-9

600276 Hengrui Medicine 103457203 70817459 0 Bonus shares 2009-5-4

600276 Hengrui Medicine 0 195838468 0Expiry of lock-up period relating to share reform

2009-6-22

600277 Yili Energy 0 74144511 0Expiry of lock-up period relating to share reform

2009-3-17

600277 Yili Energy 427490000 0 0Listing of additional

A-Shares2009-1-20

600278 Orient International Enterprise 0 16000000 0Expiry of lock-up period relating to share reform

2009-12-1

2010 Fact Book 124

Listed Companies

2010 Fact Book 125

Listed Companies

600280 Nanjing Central Emporium 0 4024077 0Expiry of lock-up period relating to share reform

2009-2-20

600281 Taiyuan Chemical Industry 0 266748403 0Expiry of lock-up period relating to share reform

2009-10-9

600282 Southern China Steel 0 797040000 0Expiry of lock-up period relating to share reform

2009-10-27

600283 Qianjiang Water Resources 0 24405045 0Expiry of lock-up period relating to share reform

2009-12-28

600285 Lingrui Pharmaceutical 0 13006110 0Expiry of lock-up period relating to share reform

2009-3-13

600287 Jiangsu Sainty 0 177498036 0Expiry of lock-up period relating to share reform

2009-4-13

600288Daheng New Epoch



2009-3-2

600288Daheng New Epoch

Technology100800000 76080000 0 Bonus shares 2009-6-8

600289 Bright Oceans Inter-Telecom 0 148148352 0Expiry of lock-up period relating to share reform

2009-8-13

600290 Huayi Electric 30000000 0 0Listing of additional

A-Shares2009-1-14

600290 Huayi Electric 0 12201000 0Expiry of lock-up period relating to share reform

2009-3-5

600291 Xishui Strong Year 0 18719840 0Expiry of lock-up period relating to share reform

2009-4-1

600292 Jiulong Electric Power 0 118220939 0Expiry of lock-up period relating to share reform

2009-1-21

600293Sanxia New Building

Materials0 15000000 0


2009-6-19

600297 Merro Pharmaceutical 0 118400000 0Expiry of lock-up period relating to share reform

2009-12-3

600297 Merro Pharmaceutical 175000000 77800000 0 Bonus shares 2009-6-8

600298 Angel YeastAngel Yeast 0 95866952 0Expiry of lock-up period relating to share reform

2009-4-30

600300 V V Food & Beverage 0 154000000 0Listing of restricted tradable shares

2009-5-22

600300 V V Food & Beverage 912000000 792000000 0 Bonus shares 2009-5-12

600300 V V Food & Beverage 0 398992000 0Expiry of lock-up period relating to share reform

2009-1-16

600301 Nanning Chemical Industry 0 325000 0Expiry of lock-up period relating to share reform

2009-5-26

2010 Fact Book 124

Listed Companies

2010 Fact Book 125

Listed Companies

600302 Typical Industries 0 163007430 0Expiry of lock-up period relating to share reform

2009-3-9

600303 SG Automotive 0 8100000 0Expiry of lock-up period relating to share reform

2009-12-16

600305 Hengshun Vinegar-Industry 0 64846500 0Expiry of lock-up period relating to share reform

2009-6-9

600307 Jiu Steel Group Hongxing 1172078712 0 0Listing of additional

A-Shares2009-11-3

600307 Jiu Steel Group Hongxing 0 540876363 0Expiry of lock-up period relating to share reform

2009-4-17

600308 Huatai Paper 0 24020669 0Expiry of lock-up period relating to share reform

2009-11-16

600308 Huatai Paper 100000000 100000000 0Listing of additional

A-Shares2009-10-13

600309 Yantai Wanhua 0 839907936 0Expiry of lock-up period relating to share reform

2009-4-24

600310 Guidong Electric Power 0 96032886 0Expiry of lock-up period relating to share reform

2009-8-3

600311 Ronghua Industry 0 91520000 0Expiry of lock-up period relating to share reform

2009-8-20

600312 Pinggao Electric 68980000 68980000 0Listing of additional

A-Shares2009-12-7

600312 Pinggao Electric 102248635 102248635 0 Bonus shares 2009-6-10

600312 Pinggao Electric 0 187272414 0Expiry of lock-up period relating to share reform

2009-5-22

600313 *ST Zhongken Agricultural 0 15210000 0Expiry of lock-up period relating to share reform

2009-12-24

600315 Shanghai Jahwa 360000 0 0Newly increased shares used as stock incentives

2009-1-7

600315 Shanghai Jahwa 108515635 65653555 0 Bonus shares 2009-5-22

600315 Shanghai Jahwa 0 118506240 0Expiry of lock-up period relating to share reform

2009-7-24

600316 Hongdu Aviation 0 159769638 0Expiry of lock-up period relating to share reform

2009-9-21

600317 Yingkou Port 0 1404000 0Expiry of lock-up period relating to share reform

2009-1-19

600317 Yingkou Port 548785813 234169551 0 Bonus shares 2009-9-11

600318 Chaodong Cement 0 340400 0Expiry of lock-up period relating to share reform

2009-2-17

2010 Fact Book 126

Listed Companies

2010 Fact Book 127

Listed Companies

600319 Yaxing Chemical 0 166756512 0Expiry of lock-up period relating to share reform

2009-5-15

600320 Zhenhua Heavy Industries 169794680 0 0Listing of additional

A-Shares2009-3-20

600320 Zhenhua Heavy Industries 815144904 587907300 0 Bonus shares 2009-6-25

600320 Zhenhua Heavy Industries 0 437442000 0Expiry of lock-up period relating to share reform

2009-3-30

600321 Guodong Construction 0 11388000 0Expiry of lock-up period relating to share reform

2009-5-7

600322 Tianjin Reality Development 0 212776524 0Expiry of lock-up period relating to share reform

2009-3-30

600325 Huafa 0 203092088 0Expiry of lock-up period relating to share reform

2009-3-27

600327 Commercial Mansion 0 156302895 0Expiry of lock-up period relating to share reform

2009-9-28

600328 Lantai Industrial 0 35911803 0Expiry of lock-up period relating to share reform

2009-5-5

600329 Zhongxin Pharmaceutical 0 292712 0Expiry of lock-up period relating to share reform

2009-12-23

600330 TDG Holding 0 467478 0Listing of restricted tradable shares

2009-5-18

600330 TDG Holding 0 169029446 0Expiry of lock-up period relating to share reform

2009-5-22

600331 Hongda 0 50636800 0Expiry of lock-up period relating to share reform

2009-1-9

600332 Guangzhou Pharmaceutical 0 387513509 0Expiry of lock-up period relating to share reform

2009-4-24

600335 Dingsheng Tiangong 0 13797860 0Expiry of lock-up period relating to share reform

2009-12-8

600337 Markor Furniture 0 64192435 0Expiry of lock-up period relating to share reform

2009-3-2

600338 ST Tibet Summit 0 46842947 0Expiry of lock-up period relating to share reform

2009-10-26

600339 Tianli Hi & New Tech 0 65258548 0Expiry of lock-up period relating to share reform

2009-4-10

600340 *ST King Refrigeration 0 22658307 0Expiry of lock-up period relating to share reform

2009-7-9

600343 Aerospace Power 0 23228416 0Expiry of lock-up period relating to share reform

2009-5-18

2010 Fact Book 126

Listed Companies

2010 Fact Book 127

Listed Companies

600345 Yangtze Communication 0 90064200 0Expiry of lock-up period relating to share reform

2009-8-10

600346Dalian Rubber & Plastics

Machine0 99574800 0


2009-7-13

600346Dalian Rubber & Plastics

Machine105000000 55212600 0 Bonus shares 2009-6-10

600351 Yabao Pharmaceutical 0 24474750 0Expiry of lock-up period relating to share reform

2009-2-16

600351 Yabao Pharmaceutical 158238000 158238000 0 Bonus shares 2009-4-21

600352 Zhejiang Longsheng 659000000 659000000 0 Bonus shares 2009-6-8

600353 Xuguang Electronics 0 40905259 0Expiry of lock-up period relating to share reform

2009-10-27

600354 Dunhuang Seeds 0 24477727 0Expiry of lock-up period relating to share reform

2009-9-28

600355 Routon Electronic 0 32238400 0Expiry of lock-up period relating to share reform

2009-4-17

600355 Routon Electronic 0 5377224 0Expiry of lock-up period relating to share reform

2009-6-1

600358 China United Travel 0 97036494 0Expiry of lock-up period relating to share reform

2009-8-4

600360 Jilin Sino-Microelectronics 0 49600000 0Listing of restricted tradable shares

2009-1-7

600360 Jilin Sino-Microelectronics 0 23600000 0Expiry of lock-up period relating to share reform

2009-6-10

600361 Hypermarket 0 8488728 0Expiry of lock-up period relating to share reform

2009-3-2

600361 Hypermarket 0 90531506 0Expiry of lock-up period relating to share reform

2009-8-31

600363 Lianchuang Optoelectronic 0 108739798 0Expiry of lock-up period relating to share reform

2009-6-3

600365 Tonghua Grape Wine 0 29653800 0Expiry of lock-up period relating to share reform

2009-3-18

600368 Wuzhou Communications 29225596 29225596 0 Debt-to-equity swap 2009-1-8



600368 Wuzhou Communications 68623308 236959308 0Expiry of lock-up period relating to share reform

2009-7-6

600369 Southwest Securities 0 33922204 0Expiry of lock-up period relating to share reform

2009-1-22

2010 Fact Book 128

Listed Companies

2010 Fact Book 129

Listed Companies

600369 Southwest Securities 1658997062 0 0Listing of additional

A-Shares2009-2-20

600370 Sanfangxiang 0 132005160 0Expiry of lock-up period relating to share reform

2009-8-7

600371 Wanxiang Doneed 0 7750000 0Expiry of lock-up period relating to share reform

2009-5-20

600371 Wanxiang Doneed 0 63860000 0Expiry of lock-up period relating to share reform

2009-12-24

600372 *ST Changhe 74625174 0 0Listing of additional

A-Shares2009-7-10

600373 Xinxin Industrial 0 75966727 0Expiry of lock-up period relating to share reform

2009-2-13

600375 Xingma Automobile 0 57614793 0Expiry of lock-up period relating to share reform

2009-1-13

600376 Beijing Capital Development 0 34615384 0Expiry of lock-up period relating to share reform

2009-3-16

600376 Beijing Capital Development 339950000 0 0Listing of additional

A-Shares2009-7-22

600377Shanghai-Ningbo

Expressway0 2851900 0


2009-6-8

600378 Tianyi Science & Technology 0 48768847 0Expiry of lock-up period relating to share reform

2009-12-3

600379 Shaanxi Baoguang 0 33441660 0Expiry of lock-up period relating to share reform

2009-11-5

600379 Shaanxi Baoguang 35736100 22283320 0 Bonus shares 2009-4-27

600380 Joincare Pharmaceutical 0 487069200 0Expiry of lock-up period relating to share reform

2009-11-27

600381 ST Sunshiny 0 145069600 0Expiry of lock-up period relating to share reform

2009-12-2

600381 ST Sunshiny 0 15319200 0Expiry of lock-up period relating to share reform

2009-2-5

600382 Guangdong Mingzhu 0 30643698 0Expiry of lock-up period relating to share reform

2009-6-26

600383 Gemdale 503446154 492398352 0 Bonus shares 2009-6-3

600383 Gemdale 0 47873808 0Expiry of lock-up period relating to share reform

2009-8-24

600383 Gemdale 302571429 0 0Listing of additional

A-Shares2009-8-20

600385 ST Jintai 0 10933099 0Expiry of lock-up period relating to share reform

2009-9-14

2010 Fact Book 128

Listed Companies

2010 Fact Book 129

Listed Companies

600386 Beijing Bashi Media 0 181440000 0Expiry of lock-up period relating to share reform

2009-4-15

600387 Zhejiang Haiyue 0 32881888 0Expiry of lock-up period relating to share reform

2009-10-16

600387 Zhejiang Haiyue 0 441372 0Expiry of lock-up period relating to share reform

2009-2-27

600388 Fujian Longking 0 38462223 0Expiry of lock-up period relating to share reform

2009-5-15

600388 Fujian Longking 40900000 0 0Listing of additional

A-Shares2009-5-26

600389 Jiangshan Agrochemical 0 9900000 0Expiry of lock-up period relating to share reform

2009-5-25

600390Kingray New Materials Science & Technology

0 16005000 0Expiry of lock-up period relating to share reform

2009-4-20

600393 Donghua Enterprise 0 106783773 0Expiry of lock-up period relating to share reform

2009-11-9

600395 Panjiang Refined Coal 509287907 0 0Listing of additional

A-Shares2009-4-20

600397 Anyuan Industrial 0 136115970 0Expiry of lock-up period relating to share reform

2009-12-21

600403 Xinwang Tech 0 11392778 0Expiry of lock-up period relating to share reform

2009-7-13

600405 Dynamic Power 0 5697790 0Expiry of lock-up period relating to share reform

2009-2-9

600406NARI Technology

Development0 80144796 0


2009-12-18

600408 Antai Group 159000000 0 0Listing of additional

A-Shares2009-8-28

600410 Teamsun 0 156097141 0Expiry of lock-up period relating to share reform

2009-5-22

600410 Teamsun 41910516 23566835 0 Bonus shares 2009-4-24

600415 China Commodities City 340200886 150314674 0 Bonus shares 2009-6-1

600416Xiangtan Electric Manufacturing


2009-12-8

600419 ST Tianhong 0 29556632 0Expiry of lock-up period relating to share reform

2009-6-1

600420 Modern Pharmaceutical 0 79666151 0Expiry of lock-up period relating to share reform

2009-4-7

600422 Kunming Pharmaceutical 0 41758367 0Expiry of lock-up period relating to share reform

2009-3-23

2010 Fact Book 130

Listed Companies

2010 Fact Book 131

Listed Companies

600425Qingsong Building Materials

and Chemicals0 15533326 0


2009-1-9

600426 Hualu Hengsheng 0 193220325 0Expiry of lock-up period relating to share reform

2009-2-23

600428 COSCO Shipping 23625 23625 0 Exercise of warrants 2009-8-28

600429 Sanyuan Foods 0 286560000 0Expiry of lock-up period relating to share reform

2009-4-20

600429 Sanyuan Foods 250000000 0 0Listing of additional

A-Shares2009-11-19

600432 Jien Nickel 0 208989862 0Expiry of lock-up period relating to share reform

2009-3-16

600432 Jien Nickel 254447014 235129023 0 Bonus shares 2009-5-19

600433 Guanhao High-Tech 0 80800000 0Expiry of lock-up period relating to share reform

2009-5-26

600433 Guanhao High-Tech 60000000 0 0Listing of additional

A-Shares2009-12-29

600435 China North Optical-Electrical 222717518 95084744 0 Bonus shares 2009-2-25

600435 China North Optical-Electrical 51004964 0 0Listing of additional

A-Shares2009-8-5

600438 Tongwei Co. 0 309773940 0Expiry of lock-up period relating to share reform

2009-11-11

600439 Rebecca 142267500 142267500 0 Bonus shares 2009-5-27

600446 Kingdom Sci-Tech 0 12773612 0Expiry of lock-up period relating to share reform

2009-4-7

600448 Huafang Joint Stock 0 85463100 0Expiry of lock-up period relating to share reform

2009-6-29

600449 Saima Industria 0 7210800 0Expiry of lock-up period relating to share reform

2009-8-17

600455 But’one Information 0 7265355 0Expiry of lock-up period relating to share reform

2009-5-4

600455 But’one Information 0 1738960 0Expiry of lock-up period relating to share reform

2009-9-15

600456 Baoji Titanium 0 6984000 0Listing of restricted tradable shares

2009-9-14

600458 Times New Materials 0 37747534 0Expiry of lock-up period relating to share reform

2009-3-27

600461 Hongcheng Waterworks 0 7000000 0Expiry of lock-up period relating to share reform

2009-4-14

2010 Fact Book 130

Listed Companies

2010 Fact Book 131

Listed Companies

600462 ST Shixian 0 48010000 0Expiry of lock-up period relating to share reform

2009-3-23

600463 Airport High-Tech Park 0 146781790 0Expiry of lock-up period relating to share reform

2009-2-6

600466Dikang Sci & Tech

Pharmaceutical Industry0 8043500 0


2009-7-7

600467 Homey Aquatic 0 256284800 0Expiry of lock-up period relating to share reform

2009-6-8

600469 Aeolus Tyre 0 108366810 0Expiry of lock-up period relating to share reform

2009-9-16

600469 Aeolus Tyre 0 60300000 0Listing of restricted tradable shares

2009-12-28

600470 Liuguo Chemical 0 81247240 0Expiry of lock-up period relating to share reform

2009-4-20

600475 Huaguang 0 119541760 0Expiry of lock-up period relating to share reform

2009-5-25

600475 Huaguang 0 6656000 0Expiry of lock-up period relating to share reform

2009-5-18

600476Hunan Copote Science &



2009-4-28

600477 Hangxiao Steel Structure 74272150 42608290 0 Bonus shares 2009-7-2

600477 Hangxiao Steel Structure 0 36427632 0Expiry of lock-up period relating to share reform

2009-2-16

600478 Corun 0 29430000 0Listing of restricted tradable shares

2009-4-15

600478 Corun 0 8344714 0Expiry of lock-up period relating to share reform

2009-4-3

600479 Qianjin Pharmaceutical 36288000 30185308 0 Bonus shares 2009-5-26

600479 Qianjin Pharmaceutical 0 33665012 0Expiry of lock-up period relating to share reform

2009-1-12

600480 Lingyun Industrial 0 58282640 0Expiry of lock-up period relating to share reform

2009-3-2

600481Shuangliang Air-conditioning

Equipment0 261400000 0


2009-7-13

600482 Fengfan 0 16804066 0Expiry of lock-up period relating to share reform

2009-2-25

600485 Zhongchuang Telecom Test 0 42940006 0Expiry of lock-up period relating to share reform

2009-3-30

600486 Yangnong Chemical 0 5000000 0Expiry of lock-up period relating to share reform

2009-7-6

2010 Fact Book 132

Listed Companies

2010 Fact Book 133

Listed Companies

600486 Yangnong Chemical 15435430 0 0Listing of additional

A-Shares2009-10-9

600488 Tianyao Pharmaceutical 0 181314009 0Expiry of lock-up period relating to share reform

2009-10-26

600489 Zhongjin Gold 0 25641025 0Listing of restricted tradable shares

2009-3-2

600489 Zhongjin Gold 431239620 205290612 0 Bonus shares 2009-6-8

600490 Shanghai Synica 0 39953438 0Expiry of lock-up period relating to share reform

2009-6-18

600491 Long Yuan Construction 85000000 0 0Listing of additional

A-Shares2009-6-3

600491 Long Yuan Construction 0 1051200 0Expiry of lock-up period relating to share reform

2009-9-21

600491 Long Yuan Construction 0 120656026 0Expiry of lock-up period relating to share reform

2009-12-15

600493 Fengzhu Textile 0 57276000 0Expiry of lock-up period relating to share reform

2009-1-9

600495 Jinxi Axle 65000000 0 0Listing of additional

A-Shares2009-2-12

600495 Jinxi Axle 0 36644031 0Expiry of lock-up period relating to share reform

2009-6-29

600496 Jinggong Steel Building 42000000 0 0Listing of additional

A-Shares2009-11-11

600497 Chihong Zinc & Germanium 0 140000000 0Listing of restricted tradable shares

2009-12-29

600497 Chihong Zinc & Germanium 227765961 227765961 0 Listing of rights shares 2009-12-16

600497 Chihong Zinc & Germanium 0 64000000 0Expiry of lock-up period relating to share reform

2009-6-12

600498Fiberhome

Telecommunication0 20500000 0


2009-3-9

600498Fiberhome

Telecommunication31800000 0 0

Listing of additional A-Shares

2009-10-21

600499 Keda Industrial 0 52000000 0Listing of restricted tradable shares

2009-6-12

600499 Keda Industrial 103131000 91131000 0 Bonus shares 2009-6-9

600499 Keda Industrial 6695000 0 0Newly increased shares used as stock incentives

2009-8-20

600499 Keda Industrial 0 43397614 0Expiry of lock-up period relating to share reform

2009-5-11

2010 Fact Book 132

Listed Companies

2010 Fact Book 133

Listed Companies

600502 Anhui Water Resources 0 20548432 0Expiry of lock-up period relating to share reform

2009-6-5

600503 Deluxe Family 0 51667000 0Expiry of lock-up period relating to share reform

2009-7-16

600505 Xichang Electric Power 0 54685125 0Expiry of lock-up period relating to share reform

2009-3-13

600506 *ST Korla Pear 0 21725127 0Expiry of lock-up period relating to share reform

2009-7-20

600507 Fangda Special Steel 0 330989729 0Listing of restricted tradable shares

2009-12-28

600508 Shanghai Energy 0 451191333 0Expiry of lock-up period relating to share reform

2009-10-19

600509 Tianfu Thermoelectric 0 211334590 0Expiry of lock-up period relating to share reform

2009-5-19

600510 Black Peony 357151900 0 0Listing of additional

A-Shares2009-2-19

600511 National Medicines 239400000 138821713 0 Bonus shares 2009-6-4

600513 Lianhuan Pharmaceutical 0 35640000 0Expiry of lock-up period relating to share reform

2009-3-24

600516 Fangda Carbon 639538949 308404729 0 Bonus shares 2009-7-15

600516 Fangda Carbon 0 114864729 0Listing of restricted tradable shares

2009-7-6

600517 Zhixin Electric 206235000 206235000 0 Bonus shares 2009-6-10

600517 Zhixin Electric 0 57359920 0Expiry of lock-up period relating to share reform

2009-3-30

600518 Kangmei Pharmaceutical 165570052 165570052 0 Exercise of warrants 2009-6-1

600519 Kweichow Moutai 0 488679034 0Expiry of lock-up period relating to share reform

2009-5-25

600520 Tongling Suntech 0 38709333 0Expiry of lock-up period relating to share reform

2009-7-14

600522 Zhongtian Technology 50000000 0 0Listing of additional

A-Shares2009-3-9

600522 Zhongtian Technology 0 78263057 0Expiry of lock-up period relating to share reform

2009-6-4

600523 Guihang Automotive 0 30000000 0Listing of restricted tradable shares

2009-1-23

600525 Changyuan Group 49291108 34464892 0 Listing of rights shares 2009-9-7

600526Feida Environmental Science

& Technology0 53760000 0


2009-3-9

2010 Fact Book 134

Listed Companies

2010 Fact Book 135

Listed Companies

600527Jiangnan High Polymer

Fiber0 55151711 0


2009-11-6

600529 Shandong Pharmaceutical 0 55302759 0Expiry of lock-up period relating to share reform

2009-2-26

600530 Jiaoda Onlly 0 44720000 0Expiry of lock-up period relating to share reform

2009-2-27

600532 Huayang Technology 0 58272309 0Expiry of lock-up period relating to share reform

2009-5-11

600533 Chixia Development 0 327974400 0Expiry of lock-up period relating to share reform

2009-2-2

600535 Tasly 0 240740553 0Expiry of lock-up period relating to share reform

2009-1-5

600536 China National Software 64382795 0 0Listing of additional

A-Shares2009-7-2

600536 China National Software 0 58117205 0Expiry of lock-up period relating to share reform

2009-5-15

600538 Beihai Gofar 0 53488120 0Expiry of lock-up period relating to share reform

2009-9-23

600543Mogao Industrial Development


2009-7-20



2009-1-12


0 40000000 0Listing of restricted tradable shares

2009-6-30


142720000 127945030 0 Bonus shares 2009-7-13

600545 Xinjiang Urban Construction 84150000 0 0Listing of additional

A-Shares2009-4-22

600545 Xinjiang Urban Construction 225261926 123362626 0 Bonus shares 2009-6-17

600546 Shanxi Coal International 450000000 0 0Listing of additional

A-Shares2009-12-28

600547 Shandong Gold 0 17880000 0Listing of restricted tradable shares

2009-2-2

600547 Shandong Gold 355768102 172980000 0 Bonus shares 2009-4-28

600548 Shenzhen Expressway 70326 70326 0 Exercise of warrants 2009-11-3

600548 Shenzhen Expressway 0 1215400000 0Expiry of lock-up period relating to share reform

2009-3-2

600549 Xiamen Tungsten 0 227104800 0Expiry of lock-up period relating to share reform

2009-3-30

2010 Fact Book 134

Listed Companies

2010 Fact Book 135

Listed Companies

600551 Times Media 0 46790002 0Expiry of lock-up period relating to share reform

2009-7-6

600551 Times Media 195303040 51604999 0 Bonus shares 2009-5-20

600552Fangxing Science &



2009-7-20

600553 Taihang Cement 0 8600000 0Expiry of lock-up period relating to share reform

2009-9-18

600553 Taihang Cement 0 120728900 0Expiry of lock-up period relating to share reform

2009-6-18

600555 Nine Dragon 0 400342786 0Expiry of lock-up period relating to share reform

2009-3-2

600556 *ST Beisheng 0 5061457 0Expiry of lock-up period relating to share reform

2009-4-13

600556 *ST Beisheng 91106240 0 0Capital change due to


600557 Kanion Pharmaceutical 53288037 39372707 0 Bonus shares 2009-5-12

600558 Atlantic China Welding 0 45385741 0Expiry of lock-up period relating to share reform

2009-8-18

600559 Laobaigan Liquor 0 15061208 0Expiry of lock-up period relating to share reform

2009-8-31

600560 AriTime 0 33865100 0Expiry of lock-up period relating to share reform

2009-5-12

600561 Jiangxi Changyun 0 72176853 0Expiry of lock-up period relating to share reform

2009-4-27

600562 Gaochun Ceramices 0 4204465 0Expiry of lock-up period relating to share reform

2009-4-13

600563 Faratronic 0 78375000 0Expiry of lock-up period relating to share reform

2009-5-15

600565 Dima Industry 0 16000000 0Expiry of lock-up period relating to share reform

2009-2-20

600565 Dima Industry 320000000 211097600 0 Bonus shares 2009-5-18

600566Hongcheng General

Machinery0 15419997 0


2009-4-13

600567 Shanying Paper Industry 5659 5659 0 Debt-to-equity swap 2009-7-3


600567 Shanying Paper Industry 0 21309290 0Expiry of lock-up period relating to share reform

2009-5-18


2010 Fact Book 136

Listed Companies

2010 Fact Book 137

Listed Companies

600568 Zhongzhu Holding 41000000 0 0Listing of additional

A-Shares2009-8-10

600568 Zhongzhu Holding 0 94670 0Expiry of lock-up period relating to share reform

2009-3-23

600569 Anyang Iron & Steel 0 1010311120 0Expiry of lock-up period relating to share reform

2009-5-25

600570 Hundsun Electronics 148512000 148512000 0 Bonus shares 2009-4-24

600572 Conba 0 270000 0Expiry of lock-up period relating to share reform

2009-12-29

600573 Huiquan Brewage 0 926505 0Expiry of lock-up period relating to share reform

2009-7-21

600575 Wuhu Port 0 141094404 0Expiry of lock-up period relating to share reform

2009-6-30

600577 Jingda Special Magnet Wire 0 72414000 0Expiry of lock-up period relating to share reform

2009-4-20

600578 Jingneng Thermal Power 0 438704421 0Expiry of lock-up period relating to share reform

2009-5-25

600579 ST Yellow Sea 0 11586800 0Expiry of lock-up period relating to share reform

2009-2-23

600579 ST Yellow Sea 0 118429360 0Expiry of lock-up period relating to share reform

2009-11-16

600580 Wolong Electric 1811000 1811000 0Newly increased shares used as stock incentives

2009-12-11

600581 Ba Yi Steel 0 407154532 0Expiry of lock-up period relating to share reform

2009-2-17

600582 Tiandi Science & Technology 0 33720000 0Expiry of lock-up period relating to share reform

2009-1-15

600583 Offshore Oil Engineering 260000000 0 0Listing of additional

A-Shares2009-1-5

600583 Offshore Oil Engineering 0 786238252 0Expiry of lock-up period relating to share reform

2009-2-2

600583 Offshore Oil Engineering 1080400000 950400000 0 Bonus shares 2009-5-27

600583 Offshore Oil Engineering 0 273000000 0Listing of restricted tradable shares

2009-12-31

600585 Anhui Conch Cement 0 496912000 0Expiry of lock-up period relating to share reform

2009-3-2

600587 Xinhua Medical Instrument 0 31744440 0Expiry of lock-up period relating to share reform

2009-6-9

600588 Ufida Software 0 6949904 0Newly increased shares used as stock incentives

2009-8-10

2010 Fact Book 136

Listed Companies

2010 Fact Book 137

Listed Companies

600588 Ufida Software -6200 0 0Capital change due to


600588 Ufida Software 0 25272000 0Expiry of lock-up period relating to share reform

2009-3-2


2009-9-28


2009-12-22

600588 Ufida Software -14400 0 0Capital change due to


600588 Ufida Software 140005073 108553896 0 Bonus shares 2009-4-30

600589 Guangdong Rongtai 68480000 0 0Listing of additional

A-Shares2009-8-6

600590 Tellhow Sci-Tech 84942478 65702051 0 Listing of rights shares 2009-8-18

600590 Tellhow Sci-Tech 0 83375187 0Expiry of lock-up period relating to share reform

2009-10-26

600591 *ST Shanghai Airlines 0 314048340 0Expiry of lock-up period relating to share reform

2009-2-16

600591 *ST Shanghai Airlines 222222200 0 0Listing of additional

A-Shares2009-6-29

600592 Longxi Bearing 0 26583600 0Expiry of lock-up period relating to share reform

2009-2-16

600593 Dalian Shengya 0 15984000 0Expiry of lock-up period relating to share reform

2009-8-20

600596 Xinan Chemical 21933751 21933751 0Listing of additional

A-Shares2009-8-27

600597 Bright Diary 0 52094628 0Expiry of lock-up period relating to share reform

2009-9-14


2009-6-3


2009-10-12

600598 Heilongjiang Agriculture 24824479 24824479 0 Debt-to-equity swap 2009-1-7



600598 Heilongjiang Agriculture 0 1070177400 0Expiry of lock-up period relating to share reform

2009-1-5


2010 Fact Book 138

Listed Companies

2010 Fact Book 139

Listed Companies

600599 Panda Fireworks 0 6300000 0Expiry of lock-up period relating to share reform

2009-1-15

600600 Tsingtao Brewery 42763617 42763617 0 Exercise of warrants 2009-10-22

600602 SVA Electron 0 352742238 0Expiry of lock-up period relating to share reform

2009-1-13

600604 ST Erfangji 0 180783733 0Expiry of lock-up period relating to share reform

2009-3-18

600605 Huitong Energy 0 71103083 0Expiry of lock-up period relating to share reform

2009-8-3

600606 Jinfeng Investment 0 19511390 0Expiry of lock-up period relating to share reform

2009-6-8


Pharmaceutical Investment0 142050144 0


2009-6-2

600609 Jinbei Automotive 0 266424742 0Expiry of lock-up period relating to share reform

2009-8-12

600611 Dazhong Transportation 0 107823605 0Expiry of lock-up period relating to share reform

2009-7-20

600612 Laofengxiang 0 13847867 0Expiry of lock-up period relating to share reform

2009-2-9

600613 Wingsung Data 0 57330954 0Expiry of lock-up period relating to share reform

2009-7-28

600614Dingli Technology

Development183959813 54227876 0 Bonus shares 2009-4-22



Listing of restricted tradable shares

2009-8-17




2009-6-22

600615 Fenghwa Group 0 19131649 0Expiry of lock-up period relating to share reform

2009-3-2

600615 Fenghwa Group 0 877608 0Expiry of lock-up period relating to share reform

2009-9-18

600617 ST Lianhua 0 6114935 0Expiry of lock-up period relating to share reform

2009-2-6

600618 Chlor-Alkali Chemical 0 483714232 0Expiry of lock-up period relating to share reform

2009-1-12

600620 Shanghai Tianchen 0 48278533 0Expiry of lock-up period relating to share reform

2009-4-1

600620 Shanghai Tianchen 32012919 32012919 0 Bonus shares 2009-6-8

600623 Double Coin 0 501051022 0Expiry of lock-up period relating to share reform

2009-5-22

2010 Fact Book 138

Listed Companies

2010 Fact Book 139

Listed Companies

600624 Fudan Forward 0 87949006 0Expiry of lock-up period relating to share reform

2009-5-18

600626 Shanghai Shenda 0 147128340 0Expiry of lock-up period relating to share reform

2009-1-19

600628 New World 0 26589963 0Expiry of lock-up period relating to share reform

2009-3-30

600629 Lengguang Industrial 0 7650952 0Expiry of lock-up period relating to share reform

2009-10-28

600629 Lengguang Industrial 0 90069 0Expiry of lock-up period relating to share reform

2009-4-1

600630 Shanghai Dragon 0 127811197 0Expiry of lock-up period relating to share reform

2009-2-16

600631 Brilliance Group 0 374404549 0Expiry of lock-up period relating to share reform

2009-4-20

600633 *ST Whitecat 0 5060670 0Expiry of lock-up period relating to share reform

2009-6-15

600634Hainiao Enterprise



2009-9-21

600635 Dazhong Public Utilities 0 284361690 0Expiry of lock-up period relating to share reform

2009-4-17

600636 3F New Materials 0 109475964 0Expiry of lock-up period relating to share reform

2009-5-22

600637 SVA Information 0 299394738 0Expiry of lock-up period relating to share reform

2009-3-9

600638 New Huang Pu 0 90459586 0Expiry of lock-up period relating to share reform

2009-5-11

600639 Pudong Jinqiao 0 370010037 0Expiry of lock-up period relating to share reform

2009-1-12

600641 Wanye Enterprise 358292777 213024385 0 Bonus shares 2009-6-9

600641 Wanye Enterprise 0 326853882 0Expiry of lock-up period relating to share reform

2009-7-27

600643 AJ Trust & Investment 0 120905747 0Expiry of lock-up period relating to share reform

2009-2-2

600643 AJ Trust & Investment 0 692222 0Expiry of lock-up period relating to share reform

2009-8-11

600644 Leshan Electric Power 0 2088219 0Expiry of lock-up period relating to share reform

2009-1-5

600645 ST Zhongyuan 0 24000000 0Expiry of lock-up period relating to share reform

2009-8-24

2010 Fact Book 140

Listed Companies

2010 Fact Book 141

Listed Companies

600645 ST Zhongyuan 0 16641427 0Expiry of lock-up period relating to share reform

2009-2-2

600647 Tongda Venture Capital 0 9701611 0Expiry of lock-up period relating to share reform

2009-4-27

600650Jinjiang International Industrial

Investment0 27580505 0


2009-2-13

600651 Feilo Acoustics 55989796 55989796 0 Bonus shares 2009-6-15

600652 Shanghai ACE 50636597 50636597 0 Bonus shares 2009-6-8

600653 Shanghai Shenhua 291063386 291063386 0 Bonus shares 2009-7-23

600655 Yuyuan Tourist Mart 0 59854070 0Expiry of lock-up period relating to share reform

2009-6-5

600655 Yuyuan Tourist Mart 72592019 72592019 0 Bonus shares 2009-6-15

600657 Cinda Real Estate 0 13875272 0Expiry of lock-up period relating to share reform

2009-9-14

600658 C&W Technology 413074242 0 0Listing of additional

A-Shares2009-12-18

600658 C&W Technology 0 24828418 0Expiry of lock-up period relating to share reform

2009-6-26

600660 Fuyao Glass 0 77136822 0Non-tradable share

reform2009-4-21

600660 Fuyao Glass 0 763024288 0Expiry of lock-up period relating to share reform

2009-9-15

600661 Xin Nanyang 0 71226030 0Expiry of lock-up period relating to share reform

2009-2-16

600663 Lujiazui 0 1067736437 0Expiry of lock-up period relating to share reform

2009-1-6

600665 Tande 0 370956300 0Expiry of lock-up period relating to share reform

2009-5-14

600666 Southwest Pharmaceutical 0 46275351 0Expiry of lock-up period relating to share reform

2009-5-12

600667 Taiji Industry 0 32530328 0Expiry of lock-up period relating to share reform

2009-1-8

600667 Taiji Industry 100000000 0 0Listing of additional

A-Shares2009-7-14

600668 Jianfeng Group 0 23850881 0Expiry of lock-up period relating to share reform

2009-8-7

600671 Tianmu Pharmaceutical 0 1268314 0Non-tradable share

reform2009-6-12

2010 Fact Book 140

Listed Companies

2010 Fact Book 141

Listed Companies

600671 Tianmu Pharmaceutical 0 48793949 0Expiry of lock-up period relating to share reform

2009-12-22

600673 Dongyangguang Aluminum 0 695400 0Expiry of lock-up period relating to share reform

2009-7-24

600673 Dongyangguang Aluminum 0 5141102 0Expiry of lock-up period relating to share reform

2009-1-20

600674 Chuantou Energy 294243219 0 0Listing of additional

A-Shares2009-12-18

600675 China Enterprise 0 54401498 0Expiry of lock-up period relating to share reform

2009-12-21

600676 Shanghai Jiao Yun 168783680 85778334 0 Bonus shares 2009-5-15

600679 Jinshan Development 0 81792872 0Expiry of lock-up period relating to share reform

2009-2-16

600682Nanjing Xinjiekou Department Store


2009-7-17

600683 Jingtou Yintai 211600000 0 0Listing of additional

A-Shares2009-4-14

600683 Jingtou Yintai 0 58219824 0Expiry of lock-up period relating to share reform

2009-7-6

600684 Pearl River Industrial 0 56993874 0Expiry of lock-up period relating to share reform

2009-4-10


International0 176650615 0


2009-5-26

600686 King Long Motor 0 40639476 0Expiry of lock-up period relating to share reform

2009-3-30

600687 Gangtai Holding 0 22760986 0Expiry of lock-up period relating to share reform

2009-4-29

600687 Gangtai Holding 0 1184904 0Expiry of lock-up period relating to share reform

2009-8-25

600689 Shanghai Sanmao 0 52008943 0Expiry of lock-up period relating to share reform

2009-8-24

600691ST Dongxin Electrical

Carbon0 21856200 0


2009-9-10

600692 Shanghai Yatong 31978551 23182774 0 Bonus shares 2009-6-17

600693 Dongbai Group 79205214 64570307 0 Bonus shares 2009-6-9

600693 Dongbai Group 0 887026 0Expiry of lock-up period relating to share reform

2009-9-21

600695 Shanghai Dajiang 0 278950848 0Expiry of lock-up period relating to share reform

2009-6-9

2010 Fact Book 142

Listed Companies

2010 Fact Book 143

Listed Companies

600696 Duolun Industry 0 124314430 0Expiry of lock-up period relating to share reform

2009-6-29

600697 Eurasia Group 0 44454534 0Expiry of lock-up period relating to share reform

2009-10-27

600698 ST Qingqi 0 22023668 0Expiry of lock-up period relating to share reform

2009-12-1

600699 ST Deheng 0 12958175 0Expiry of lock-up period relating to share reform

2009-8-28

600701*ST Habin Gongda High-

Tech0 3860904 0


2009-5-12

600702 Tuopai Yeast Liquor 0 96697591 0Expiry of lock-up period relating to share reform

2009-4-9

600703 Sanan Optoelectronics 0 4604000 0Expiry of lock-up period relating to share reform

2009-9-7

600703 Sanan Optoelectronics 31500000 0 0Listing of additional

A-Shares2009-10-9

600704 Zhongda Group 64423340 0 0Listing of additional

A-Shares2009-8-24

600704 Zhongda Group 0 47491261 0Expiry of lock-up period relating to share reform

2009-2-17

600706 ST Chang An Information 0 5016700 0Expiry of lock-up period relating to share reform

2009-9-18

600706 ST Chang An Information 0 3840554 0Expiry of lock-up period relating to share reform

2009-5-11

600707 IRICO 0 140678212 0Expiry of lock-up period relating to share reform

2009-7-31

600710 Changlin Co. 0 130759202 0Expiry of lock-up period relating to share reform

2009-5-25

600711 ST Eagle 0 7946640 0Expiry of lock-up period relating to share reform

2009-5-6

600711 ST Eagle 0 3973320 0Expiry of lock-up period relating to share reform

2009-1-23

600712 Nanning Department Store 0 14467200 0Expiry of lock-up period relating to share reform

2009-6-16

600712 Nanning Department Store 28934400 19107176 0 Bonus shares 2009-7-9

600713 Nanjing Medical 50153390 39620726 0 Bonus shares 2009-6-11

600714 ST Jinrui 0 56950090 0Expiry of lock-up period relating to share reform

2009-9-28

600714 ST Jinrui 122467041 0 0Listing of additional

A-Shares2009-11-6

2010 Fact Book 142

Listed Companies

2010 Fact Book 143

Listed Companies

600715 ST Songliao 0 71401600 0Expiry of lock-up period relating to share reform

2009-12-1

600720 Qilianshan 79000000 0 0Listing of additional

A-Shares2009-6-29

600720 Qilianshan 0 21122144 0Expiry of lock-up period relating to share reform

2009-7-20

600721 ST Baihuacun 0 24852896 0Expiry of lock-up period relating to share reform

2009-2-2

600723 Xidan Market 0 20485902 0Expiry of lock-up period relating to share reform

2009-8-25

600724 Ningbo Fuda 0 67120729 0Expiry of lock-up period relating to share reform

2009-12-24

600725 Yunnan Yunwei 52223300 52223300 0Listing of additional

A-Shares2009-11-17

600726 Huadian Energy 597609561 0 0Listing of additional

A-Shares2009-12-17

600729Chongqing Department

Store0 508636 0


2009-10-30


Store0 771562 0


2009-1-8

600730 China Hi-Tech 0 870408 0Expiry of lock-up period relating to share reform

2009-5-20

600731 Hunan Haili 0 93339486 0Expiry of lock-up period relating to share reform

2009-3-10

600731 Hunan Haili 0 132502 0Expiry of lock-up period relating to share reform

2009-9-18

600734 Start Group 0 45912080 0Expiry of lock-up period relating to share reform

2009-12-28

600736 Suzhou New District Hi-Tech 0 332627404 0Expiry of lock-up period relating to share reform

2009-3-27

600736 Suzhou New District Hi-Tech 0 2790000 0Expiry of lock-up period relating to share reform

2009-9-18

600737 Cofco Tunhe 0 40280211 0Expiry of lock-up period relating to share reform

2009-1-23

600738 Lanzhou Minbai 0 14374702 0Expiry of lock-up period relating to share reform

2009-6-16

600739 Liaoning Chengda 1367000 1367000 0Newly increased shares used as stock incentives

2009-6-22

600739 Liaoning Chengda 0 56743231 0Expiry of lock-up period relating to share reform

2009-5-18

2010 Fact Book 144

Listed Companies

2010 Fact Book 145

Listed Companies

600740 Shanxi Coking 0 36562758 0Expiry of lock-up period relating to share reform

2009-5-11

600741 Huayu Automotive 1110637737 0 0Listing of additional

A-Shares2009-7-15

600741 Huayu Automotive 0 338116196 0Expiry of lock-up period relating to share reform

2009-3-31

600742FAWAY Automobile

Components0 42604282 0


2009-4-20

600743 Huayuan Property 0 97840000 0Expiry of lock-up period relating to share reform

2009-8-28

600745 Join In 0 6087244 0Expiry of lock-up period relating to share reform

2009-9-29

600745 Join In 0 14830000 0Expiry of lock-up period relating to share reform

2009-7-8

600746 Jiangsu Sopo 0 188465605 0Expiry of lock-up period relating to share reform

2009-11-17

600747 Dalian Daxian 0 2660821 0Expiry of lock-up period relating to share reform

2009-6-22

600747 Dalian Daxian 0 50555598 0Expiry of lock-up period relating to share reform

2009-7-13

600749 Tibet Tourism 1 14295912 0Expiry of lock-up period relating to share reform

2009-1-19

600750 Jiangzhong Pharmaceutical 0 14793840 0Expiry of lock-up period relating to share reform

2009-5-18

600753 Oriental Silver Star 0 4378134 0Expiry of lock-up period relating to share reform

2009-12-4

600754 Jin Jiang International Hotels 0 229151687 0Expiry of lock-up period relating to share reform

2009-1-23

600755 Xiamen International Trade 0 10305288 0Listing of restricted tradable shares

2009-1-12

600755 Xiamen International Trade 143338948 143338948 0 Listing of rights shares 2009-12-29

600756 Langchao Cheeloosoft 0 30646848 0Expiry of lock-up period relating to share reform

2009-5-25

600757 ST Worldbest 0 13224716 0Expiry of lock-up period relating to share reform

2009-4-27

600758 Hongyang Energy 0 1930000 0Expiry of lock-up period relating to share reform

2009-6-12

600759 Zhenghe Industrial 0 9650000 0Expiry of lock-up period relating to share reform

2009-5-20

2010 Fact Book 144

Listed Companies

2010 Fact Book 145

Listed Companies

600760 Dongan Hei Bao 0 13650234 0Expiry of lock-up period relating to share reform

2009-3-2

600761 Anhui Heli 0 109546364 0Expiry of lock-up period relating to share reform

2009-10-29

600763 Topchoice Medical 0 69398000 0Expiry of lock-up period relating to share reform

2009-12-7

600764 CEC CoreCast 0 179579247 0Expiry of lock-up period relating to share reform

2009-4-3

600765 AVIC Heavy Machinery 160000000 0 0Listing of additional

A-Shares2009-3-31

600767 Winsan Industrial 0 61292589 0Expiry of lock-up period relating to share reform

2009-12-28

600768 Ningbo Fubang 0 10600061 0Expiry of lock-up period relating to share reform

2009-12-28

600769 Xianglong Power Industry 0 92601426 0Expiry of lock-up period relating to share reform

2009-9-28

600770 Zongyi Co. 39400000 0 0Listing of additional

A-Shares2009-12-22

600771 ST Topsun 0 7125073 0Expiry of lock-up period relating to share reform

2009-6-18

600773 *ST Along 0 22886334 0Expiry of lock-up period relating to share reform

2009-3-9

600774 Hanshang Group 0 8880809 0Expiry of lock-up period relating to share reform

2009-12-25

600774 Hanshang Group 0 44402955 0Expiry of lock-up period relating to share reform

2009-5-25

600775 Nanjing Panda 0 269213500 0Expiry of lock-up period relating to share reform

2009-9-25

600776 Eastern Communications 0 516520000 0Expiry of lock-up period relating to share reform

2009-7-27

600778 Friendship Group 0 42097634 0Expiry of lock-up period relating to share reform

2009-6-22

600781 Shanghai Furen 0 6915346 0Expiry of lock-up period relating to share reform

2009-7-6

600782 Xinyu Iron Steel 0 8678641 0Expiry of lock-up period relating to share reform

2009-10-26

600783 Luxin High-Tech 0 101857547 0Expiry of lock-up period relating to share reform

2009-4-27

600785 Xinhua Department Store 0 33254060 0Expiry of lock-up period relating to share reform

2009-9-1

2010 Fact Book 146

Listed Companies

2010 Fact Book 147

Listed Companies

600787 Zhongchu Development 103125000 0 0Listing of additional

A-Shares2009-12-11

600789 Lukang Pharmaceutical 0 58157548 0Expiry of lock-up period relating to share reform

2009-9-30

600790 Light Textile Industrial City 0 0 0Non-tradable share

reform2009-4-22

600791 Jingneng Property 0 218790 0Expiry of lock-up period relating to share reform

2009-6-29

600792 ST Malong 0 66280500 0Expiry of lock-up period relating to share reform

2009-7-17

600793 ST Yibin Paper 0 39631800 0Expiry of lock-up period relating to share reform

2009-9-25

600794Freetrade Science and



2009-7-21

600795 GD Power 0 1314517284 0Expiry of lock-up period relating to share reform

2009-8-31

600796 Qianjiang Biochemical 0 78078088 0Expiry of lock-up period relating to share reform

2009-5-11

600798 Ningbo Marine 0 59000000 0Listing of restricted tradable shares

2009-1-9

600798 Ningbo Marine 290381900 183062500 0 Bonus shares 2009-6-1

600798 Ningbo Marine 0 28736009 0Expiry of lock-up period relating to share reform

2009-4-27

600800 ST Magnetic Card 59611742 28283268 0 Bonus shares 2009-3-4

600800 ST Magnetic Card 102 63290204 0Non-tradable share

reform2009-3-4

600801 Huaxin Cement 0 7925065 0Expiry of lock-up period relating to share reform

2009-12-29

600802 Fujian Cement 0 71725723 0Expiry of lock-up period relating to share reform

2009-8-24

600803 Veyong Bio-chemical 0 11822171 0Expiry of lock-up period relating to share reform

2009-7-15

600804 Dr. Peng 513561101 223208283 0 Bonus shares 2009-5-12

600804 Dr. Peng 0 59293840 0Expiry of lock-up period relating to share reform

2009-7-6

600805 Yueda Investment 0 118442915 0Expiry of lock-up period relating to share reform

2009-11-16

600806 Kunming Machine Tool 0 5171306 0Expiry of lock-up period relating to share reform

2009-3-11

2010 Fact Book 146

Listed Companies

2010 Fact Book 147

Listed Companies

600808 Maanshan Iron & Steel 0 3830560000 0Expiry of lock-up period relating to share reform

2009-9-14

600809 Shanxi Fen Wine 0 259641822 0Expiry of lock-up period relating to share reform

2009-5-11

600811 Oriental Group 384647394 286400828 0 Bonus shares 2009-7-15

600812 Northern China Pharm 0 183912922 0Expiry of lock-up period relating to share reform

2009-8-17

600814 Hangzhou Jiebai 0 83206353 0Expiry of lock-up period relating to share reform

2009-6-12

600815Xiamen Engineering

Machinery0 354914239 0


2009-3-16

600816 Anxin Trust 0 146787973 0Expiry of lock-up period relating to share reform

2009-5-20

600818 Zhonglu Co. 0 110765752 0Expiry of lock-up period relating to share reform

2009-2-20

600819 Yaohua Pilkington Glass 0 472925787 0Expiry of lock-up period relating to share reform

2009-2-9

600820 Tunnel Engineering 0 216241428 0Expiry of lock-up period relating to share reform

2009-1-15

600821 Tianjin Quanye 0 13769948 0Expiry of lock-up period relating to share reform

2009-8-28

600822 Shanghai Material Trading 0 115525792 0Expiry of lock-up period relating to share reform

2009-1-23

600822 Shanghai Material Trading 77928307 0 0Listing of additional

A-Shares2009-11-17

600823 Shimao Real Estate 692240000 0 0Listing of additional

A-Shares2009-5-19

600823 Shimao Real Estate 0 119366466 0Expiry of lock-up period relating to share reform

2009-8-25

600824 Yimin Commercial 121993874 121993874 0 Bonus shares 2009-4-14

600825 Xinhua Media 290246625 127908916 0 Bonus shares 2009-7-15

600825 Xinhua Media 0 207186775 0Expiry of lock-up period relating to share reform

2009-10-19

600826 Shanghai Lansheng 0 14021410 0Expiry of lock-up period relating to share reform

2009-1-19

600827 Friendship Group 26581659 15045837 0 Bonus shares 2009-7-6

600827 Friendship Group 0 47211644 0Expiry of lock-up period relating to share reform

2009-7-10

2010 Fact Book 148

Listed Companies

2010 Fact Book 149

Listed Companies

600828 Chengshang Group 0 120367955 0Expiry of lock-up period relating to share reform

2009-6-9

600829 Sanjing Pharmaceutical 0 211944423 0Expiry of lock-up period relating to share reform

2009-11-9

600830 Sunny Loan Top 0 73063516 0Expiry of lock-up period relating to share reform

2009-10-26

600831 Broadcast & TV Network 100018675 92050675 0 Bonus shares 2009-5-15

600831 Broadcast & TV Network 0 73624034 0Expiry of lock-up period relating to share reform

2009-1-19

600833 No.1 Pharmacy 0 44669 0Expiry of lock-up period relating to share reform

2009-2-9

600833 No.1 Pharmacy 0 58111807 0Expiry of lock-up period relating to share reform

2009-7-14

600835Shanghai Mechanical &

Electrical0 483520364 0


2009-8-17

600837 Haitong Securities 0 249852342 0Listing of restricted tradable shares

2009-6-29

600838 Join Buy 0 78540608 0Expiry of lock-up period relating to share reform

2009-3-25

600839 Sichuan Changhon 0 486779263 0Expiry of lock-up period relating to share reform

2009-5-26

600840 Xinhu Venture Investment 0 15230901 0Expiry of lock-up period relating to share reform

2009-4-9

600841 Shanghai Diesel Engine 0 241709280 0Expiry of lock-up period relating to share reform

2009-12-28

600842 Zhongxi Pharmaceutical 0 97216777 0Expiry of lock-up period relating to share reform

2009-1-19

600843 SGSB 0 64830980 0Expiry of lock-up period relating to share reform

2009-6-18

600844Danhua Chemical



2009-4-27

600844Danhua Chemical


Listing of additional A-Shares

2009-5-12

600845 Baosight Software 0 13112203 0Expiry of lock-up period relating to share reform

2009-6-29

600846 Tongji Science & Technology 0 49779872 0Expiry of lock-up period relating to share reform

2009-3-10

600846 Tongji Science & Technology 69000000 0 0Listing of additional

A-Shares2009-5-27

2010 Fact Book 148

Listed Companies

2010 Fact Book 149

Listed Companies

600847 ST Wanli Group 0 37197610 0Expiry of lock-up period relating to share reform

2009-7-1

600848 Automation Instrumentation 0 105359357 0Expiry of lock-up period relating to share reform

2009-10-26

600849 Shanghai Pharmaceutical 0 28458644 0Expiry of lock-up period relating to share reform

2009-7-20

600850 East-China Computer 0 64504350 0Expiry of lock-up period relating to share reform

2009-3-6

600851 Haixin Group 0 42210945 0Expiry of lock-up period relating to share reform

2009-2-9

600853 Long Jian Road & Bridge 0 144316398 0Expiry of lock-up period relating to share reform

2009-10-13

600854 ST Chunlan 0 255796850 0Expiry of lock-up period relating to share reform

2009-12-10

600856Changchun Department

Jituan Store0 53000000 0


2009-8-31

600857 HIT Shouchuang 0 35204752 0Expiry of lock-up period relating to share reform

2009-8-11

600858 Silver Plaza 0 25121004 0Expiry of lock-up period relating to share reform

2009-8-17

600859 Wangfujing 0 194594400 0Expiry of lock-up period relating to share reform

2009-12-23

600860 Beiren Printing Machinery 0 180440000 0Expiry of lock-up period relating to share reform

2009-3-31

600861 Beijing Urban-Rural 0 19583437 0Expiry of lock-up period relating to share reform

2009-11-16

600864 Hatou Investment 0 203182494 0Expiry of lock-up period relating to share reform

2009-6-15

600865 Baida Group 0 65271589 0Expiry of lock-up period relating to share reform

2009-5-14

600867 Tonghua Dongbao 110571584 72397826 0 Bonus shares 2009-6-18

600868 ST Meiyan 0 106368714 0Expiry of lock-up period relating to share reform

2009-9-2

600869 S&P Pharmaceutical 0 36523734 0Expiry of lock-up period relating to share reform

2009-1-16

600872 Jonjee Hi-Tech 0 63437781 0Expiry of lock-up period relating to share reform

2009-5-18

600873 Wuzhou Minovo 0 20049892 0Expiry of lock-up period relating to share reform

2009-6-8

2010 Fact Book 150

Listed Companies

2010 Fact Book 151

Listed Companies

600874Capital Environmental

Protection0 664086598 0


2009-4-20

600875 Dongfang Electric 0 158800000 0Expiry of lock-up period relating to share reform

2009-4-29

600875 Dongfang Electric 119930000 0 0Listing of additional

A-Shares2009-12-4

600877 China Jialing 0 185542636 0Expiry of lock-up period relating to share reform

2009-9-10

600879 Aerospace Times Electronics 270346928 202096451 0 Bonus shares 2009-7-2

600880 B-ray Media 0 100597 0Expiry of lock-up period relating to share reform

2009-8-12

600880 B-ray Media 0 301793 0Expiry of lock-up period relating to share reform

2009-1-8

600880 B-ray Media 8000000 8000000 0Newly increased shares used as stock incentives

2009-3-30

600881 Yatai Group 631577353 590519216 0 Bonus shares 2009-5-27

600881 Yatai Group 0 123174411 0Expiry of lock-up period relating to share reform

2009-8-10

600882 Dacheng Pesticide 0 65266717 0Expiry of lock-up period relating to share reform

2009-4-17

600883 Bowin Technology 0 50673600 0Expiry of lock-up period relating to share reform

2009-7-7

600884 Ningbo Shanshan 0 20542912 0Expiry of lock-up period relating to share reform

2009-4-27

600885 Linuo Solar 0 13458790 0Expiry of lock-up period relating to share reform

2009-8-3

600886 Huajing Power 940472766 0 0Listing of additional

A-Shares2009-12-8

600888 Xinjiang Joinworld 0 44000000 0Listing of restricted tradable shares

2009-2-2

600888 Xinjiang Joinworld 0 132749252 0Expiry of lock-up period relating to share reform

2009-5-25

600889 Nanjing Chemical Fibre 0 104476568 0Expiry of lock-up period relating to share reform

2009-11-2

600892 ST Huda Technology 12625000 3827425 0 Bonus shares 2009-2-12

600892 ST Huda Technology 0 5065825 0Non-tradable share

reform2009-2-27

600893 Xi’an Aero-engine 0 25377436 0Expiry of lock-up period relating to share reform

2009-11-30

2010 Fact Book 150

Listed Companies

2010 Fact Book 151

Listed Companies

600894 Guangzhou Iron and Steel 0 443633263 0Expiry of lock-up period relating to share reform

2009-4-27

600896 China Shipping Haisheng 0 159802500 0Expiry of lock-up period relating to share reform

2009-4-24

600897 Xiamen International Airport 0 172719000 0Expiry of lock-up period relating to share reform

2009-7-6

600898 *ST Sanlian 0 3256638 0Expiry of lock-up period relating to share reform

2009-7-13

600900 Yangtze Power 1587914543 0 0Listing of additional

A-Shares2009-11-16

600960 Binzhou Bohai Piston 0 8141175 0Expiry of lock-up period relating to share reform

2009-3-30

600961 Zhuzhou Smelter 0 17491444 0Expiry of lock-up period relating to share reform

2009-1-15

600962 SDIC Zhonglu 0 36802500 0Expiry of lock-up period relating to share reform

2009-4-1

600963 Yueyang Paper 0 20235005 0Expiry of lock-up period relating to share reform

2009-12-7

600965 Fortune Ng Fung 0 80808041 0Expiry of lock-up period relating to share reform

2009-7-14

600966 Bohui Paper Industrial 0 22464000 0Expiry of lock-up period relating to share reform

2009-11-9

600967 Beifang Chuangye 0 35410066 0Expiry of lock-up period relating to share reform

2009-5-14

600967 Beifang Chuangye 0 34580000 0Listing of restricted tradable shares

2009-6-8

600970 Sinoma International 210898391 78443052 0 Bonus shares 2009-6-3

600970 Sinoma International 0 179113896 0Expiry of lock-up period relating to share reform

2009-7-8

600970 Sinoma International 42898391 0 0Listing of additional

A-Shares2009-4-14

600971 Hengyuan Coal Power 0 9420000 0Expiry of lock-up period relating to share reform

2009-2-16

600971 Hengyuan Coal Power 15801 15801 0 Debt-to-equity swap 2009-4-3

600971 Hengyuan Coal Power 38115144 19070953 0 Bonus shares 2009-4-22





2010 Fact Book 152

Listed Companies

2010 Fact Book 153

Listed Companies

600971 Hengyuan Coal Power 137345259 0 0Listing of additional

A-Shares2009-12-28

600973Baosheng Science and



2009-8-11

600975 New Wellful 0 56102319 0Expiry of lock-up period relating to share reform

2009-9-7

600976 Wuhan Jianmin 0 17142518 0Expiry of lock-up period relating to share reform

2009-5-8

600978 Yihua Timber Industry 0 191569351 0Expiry of lock-up period relating to share reform

2009-2-2

600978 Yihua Timber Industry 0 39358136 0Expiry of lock-up period relating to share reform

2009-12-21

600979 Guangan AAA Public 0 49847541 0Expiry of lock-up period relating to share reform

2009-9-29

600980BGRIMM Magnetic

Materials0 51455567 0


2009-4-28

600981 Jiangsu Skyrun 0 16198621 0Expiry of lock-up period relating to share reform

2009-4-7

600982 Ningbo Thermal 0 34688300 0Expiry of lock-up period relating to share reform

2009-3-20

600984 ST Construction Machinery 0 42617958 0Expiry of lock-up period relating to share reform

2009-8-10

600985 Leimingkehua 0 4500000 0Expiry of lock-up period relating to share reform

2009-2-19

600986 Keda Group 167634854 167634854 0 Bonus shares 2009-6-23

600986 Keda Group 0 62643360 0Expiry of lock-up period relating to share reform

2009-4-7

600987 Zhejiang Hangmin 0 42354000 0Expiry of lock-up period relating to share reform

2009-5-25

600990 Sun-Create Electronics 0 25768333 0Expiry of lock-up period relating to share reform

2009-6-23

600991 GAC Changfeng 120201090 59610652 0 Bonus shares 2009-5-19

600991 GAC Changfeng 0 262558565 0Expiry of lock-up period relating to share reform

2009-11-13

600992 Guizhou Wire Rope 0 48685519 0Expiry of lock-up period relating to share reform

2009-7-6

600993 Mayinglong 73684426 54438017 0 Bonus shares 2009-6-15

600993 Mayinglong 0 42871037 0Expiry of lock-up period relating to share reform

2009-12-7

2010 Fact Book 152

Listed Companies

2010 Fact Book 153

Listed Companies

600995 Wenshan Electric Power 79754400 52169040 0 Bonus shares 2009-5-25

600995 Wenshan Electric Power 0 23988960 0Expiry of lock-up period relating to share reform

2009-9-22

600997 Kailuan Clean Coal 0 28060000 0Expiry of lock-up period relating to share reform

2009-1-13

600997 Kailuan Clean Coal 617320000 330219528 0 Bonus shares 2009-5-22

600999 China Merchants Securities 3585461407 286837000 0 A-share IPO 2009-11-17

601001 Datong Coal 0 506100000 0Listing of restricted tradable shares

2009-6-23

601006 Daqin Railway 0 9465454097 0Listing of restricted tradable shares

2009-8-3

601008 Lianyungang 0 55200000 0Listing of restricted tradable shares

2009-9-25

601107 Sichuan Expressway 3058060000 375000000 0 A-share IPO 2009-7-27

601107 Sichuan Expressway 0 125000000 0Listing of legal person

shares2009-10-28

601111 Air China 0 6206678909 0Listing of restricted tradable shares

2009-8-18

601139 Shenzhen Gas 1230000000 104000000 0 A-share IPO 2009-12-25

601169 Bank of Beijing 0 88000 0Listing of restricted tradable shares

2009-2-12

601299 China CNR 8300000000 1625000000 0 A-share IPO 2009-12-29

601333 Guangshen Railway 0 2629451300 0Listing of restricted tradable shares

2009-12-22

601398 ICBC 0 236012348064 0Listing of restricted tradable shares

2009-10-27

601588 North Star 0 1160000000 0Listing of restricted tradable shares

2009-10-16

601601 China Pacific Insurance -1401600000 -3790231 0Capital change due to


601601 China Pacific Insurance 2184600000 0 0Capital change due to


601618 Metallurgical Co. 16500000000 2266347000 0 A-share IPO 2009-9-21

601618 Metallurgical Co. 2610000000 0 0Capital change due to


601618 Metallurgical Co. 0 1233653000 0Listing of legal person

shares2009-12-23

601666 Pingdingshan Tianan Coal 322416702 131004300 0 Bonus shares 2009-6-25

2010 Fact Book 154

Listed Companies

2010 Fact Book 155

Listed Companies

601666 Pingdingshan Tianan Coal 0 829453742 0Listing of restricted tradable shares

2009-12-1

601668 China Construction 30000000000 6000000000 0 A-share IPO 2009-7-29

601668 China Construction 0 6000000000 0Listing of legal person

shares2009-10-29


Energy0 768042000 0


2009-9-23

601727 Shanghai Electric 0 1509647502 0Listing of restricted tradable shares

2009-12-7

601788 Everbright Securities 3418000000 340801000 0 A-share IPO 2009-8-18

601788 Everbright Securities 0 179199000 0Listing of legal person

shares2009-11-18

601872China Merchants Energy

Shipping0 1856554050 0


2009-12-1

601888 CITS 880000000 176000000 0 A-share IPO 2009-10-15

601899 Zijin Mining 0 4924966980 0Listing of restricted tradable shares

2009-4-27

601918 SDIC Xinji 0 695776200 0Listing of restricted tradable shares

2009-7-14

601958 Jinduicheng Molybdenum 537767400 107600000 0 Bonus shares 2009-5-20

601988 Bank of China 0 171325404740 0Listing of restricted tradable shares

2009-7-6

601989 China Shipbuilding Industry 6651000000 1197000000 0 A-share IPO 2009-12-16

601991Datang International Power

Generation50753489 4051599760 0


2009-12-21

900907Dingli Technology Development B

49676550 0 49676550 Bonus shares 2009-4-27

900923 Friendship Group B 16338018 0 16338018 Bonus shares 2009-7-9

900940 *ST Worldbest B -66236304 0 -66236304Capital change due to


900947 Zhenhua Heavy Industry B 198000000 0 198000000 Bonus shares 2009-6-30

900952 Jinzhou Port B 37134495 0 37134495 Bonus shares 2009-6-22

2010 Fact Book 154

Listed Companies

2010 Fact Book 155

Listed Companies

Top 50 Listed Companies by Market Capitalization

As at the end of 2009, the first 50 listed companies with the largest market capitalization had a combined market capitalization of RMB 12,011.647 billion, accounting for 65.06% of the total market capitalization of all the companies listed on SSE and 7.28% lower than the previous year. SSE retained its status as China’s blue-chip market.

Rank Short Name CodeMarket Cap

(RMB10,000)Percentage in Total Market Cap (%)

1 Petrochina 601857 223776311.54 12.12

2 ICBC 601398 136523517.35 7.39

3China Petroleum

& Chemical600028 98520028.96 5.34

4 Bank of China 601988 76995588.35 4.17

5 China Life 601628 65989766.57 3.57

6 China Shenhua 601088 57421794.16 3.11

7 China Merchants Bank 600036 28264296.48 1.53

8 Ping An Insurance 601318 26368330.68 1.43

9 Bank of Communications 601328 24244471.06 1.31

10 Citic Bank 601998 21917758.71 1.19

11 CITIC Securities 600030 21064995.57 1.14

12 Industrial Bank 601166 20155000.00 1.09

13 Pudong Development Bank 600000 19152368.99 1.04

14 SAIC Motor 600104 17117839.01 0.93

15 Baoshan Iron & Steel 600019 16916592.00 0.92

16 China Pacific Insurance 601601 16136500.80 0.87

17 Kweichow Moutai 600519 16027611.60 0.87

18 Haitong Securities 600837 15789188.84 0.86

19 China Unicom 600050 15452318.77 0.84

20 Minsheng Bank 600016 14888994.57 0.81

21 Yangtze Power 600900 14696000.00 0.80

22 China Construction 601668 14160000.00 0.77

23 Chalco 601600 13863015.22 0.75

24 Daqin Railway 601006 13366059.84 0.72

25 China Coal Energy 601898 12428416.54 0.67

26Shanghai Port & Container

600018 12174664.08 0.66

2010 Fact Book 156

Listed Companies

2010 Fact Book 157

Listed Companies

27 Bank of Beijing 601169 12044104.68 0.65

28 China Railway 601390 10768281.30 0.58

29 China COSCO 601919 10613587.36 0.57

30 China Merchants Securities 600999 10537671.08 0.57

31 Zijin Mining 601899 10156577.81 0.55

32 China Railway Construction 601186 9378778.39 0.51

33 Shanghai Electric 601727 9172452.98 0.50

34 Metallurgical Co. 601618 8801538.00 0.48

35 Everbright Securities 601788 8722736.00 0.47

36 Poly Real Estate 600048 7884175.26 0.43


Generation601991 7660245.80 0.41

38 Air China 601111 7618154.22 0.41

39 Huaneng Power International 600011 7209000.00 0.39

40 Yanzhou Coal 600188 6819840.00 0.37

41 Anhui Conch Cement 600585 6647505.69 0.36

42 Jiangxi Copper 600362 6575749.29 0.36

43 Wuhan Iron & Steel 600005 6489990.13 0.35

44 Hua Xia Bank 600015 6198236.17 0.34

45 Jinduicheng Molybdenum 601958 6149907.99 0.33

46 Lu’an Environmental Energy 601699 5957506.48 0.32

47 Shandong Gold 600547 5713635.72 0.31

48China South Locomotive &

Rolling Stock601766 5585304.00 0.30

49 China Construction Bank 601939 5571000.00 0.30

50 Sany Heavy Industry 600031 5477328.00 0.30

2010 Fact Book 156

Listed Companies

2010 Fact Book 157

Listed Companies

Top 50 Listed Companies by Free-float Market Capitalization

As at the end of 2009, the leading 50 listed companies with the largest market capitalization of tradable shares had a combined market capitalization of RMB 7,066.261 billion, representing 61.57% of the total market capitalization of all the tradable shares on SSE and down 7.39% than the previous year.

ICBC replaced CITIC Securities maintained to become No. 1 while China Petroleum & Chemical regained its second spot in place of Ping An Insurance.

Rank Short Name CodeMarket Cap of

Tradable Shares(RMB10,000)

Percentage in Total Free-float Market Cap (%)

1 ICBC 601398 136523517.35 11.89

2China Petroleum

& Chemical600028 98520028.96 8.58

3 Bank of China 601988 76995588.35 6.71

4 China Merchants Bank 600036 28264296.48 2.46

5 Ping An Insurance 601318 21631565.56 1.88

6 CITIC Securities 600030 20874375.57 1.82

7 Pudong Development Bank 600000 17191247.84 1.50

8 SAIC Motor 600104 17117839.01 1.49

9 Baoshan Iron & Steel 600019 16916592.00 1.47

10 Industrial Bank 601166 16043380.00 1.40

11 Kweichow Moutai 600519 16027611.60 1.40

12 China Unicom 600050 15452318.77 1.35

13 Bank of Communications 601328 14917862.28 1.30

14 Minsheng Bank 600016 14888994.57 1.30

15 Daqin Railway 601006 13366059.84 1.16


600018 12174664.08 1.06

17 Haitong Securities 600837 7680653.50 0.67


Generation601991 7660245.80 0.67

19 Bank of Beijing 601169 7649489.16 0.67

20 Air China 601111 7618154.22 0.66

21 Poly Real Estate 600048 7141223.36 0.62

22 China Pacific Insurance 601601 6602767.87 0.58

23 Yangtze Power 600900 6558931.38 0.57

24 China Shenhua 601088 6267600.00 0.55

2010 Fact Book 158

Listed Companies

2010 Fact Book 159

Listed Companies

25 Zijin Mining 601899 6097268.17 0.53

26 Lu’an Environmental Energy 601699 5957506.48 0.52

27 Chalco 601600 5688598.16 0.50

28 China Construction 601668 5664000.00 0.49

29 China Construction Bank 601939 5571000.00 0.49

30 Petrochina 601857 5528000.00 0.48

31 Sany Heavy Industry 600031 5477328.00 0.48

32 Anhui Conch Cement 600585 5098085.28 0.44

33 China Life 601628 4753500.00 0.41

34 Hua Xia Bank 600015 4699728.00 0.41

35 Guoyang New Energy 600348 4653194.00 0.41

36Pingdingshan Tianan Coal

601666 4470844.93 0.39

37 Tebian Electric 600089 4277754.22 0.37

38 GD Power 600795 4020453.56 0.35

39 Yantai Wanhua 600309 3993665.89 0.35

40 Datong Coal 601001 3764988.15 0.33

41Shanghai

Oriental Pearl600832 3619676.42 0.32

42 Offshore Oil Engineering 600583 3561588.00 0.31

43 Liaoning Chengda 600739 3435156.34 0.30

44 Lujiazui 600663 3433236.35 0.30

45 Shenergy 600642 3288400.82 0.29

46 Hengrui Medicine 600276 3258901.91 0.28

47 Xinhu Zhongbao 600208 3160668.34 0.28

48 Gemdale 600383 3028060.80 0.26

49 China Shipping Development 600026 3025772.51 0.26

50Maanshan Iron

& Steel600808 3013714.35 0.26

2010 Fact Book 158

Listed Companies

2010 Fact Book 159

Listed Companies

Dividend Distribution by Listed Companies in 2009

Dividend Code

Company Short Name

Distribution Date

Dividend (before tax)

Dividend (after tax)

Share Capital Distributed

(share)

Dividend Paid(RMB)

500003 Anxin Fund 2009-4-7 0.260 0.260 2000000000 520000000

500005 Hansheng Fund 2009-4-15 0.333 0.333 2000000000 666000000

500006 Yuyang Fund 2009-4-14 0.210 0.210 2000000000 420000000

500015 Hanxing Fund 2009-4-15 0.179 0.179 3000000000 537000000

500038 Tongqian Fund 2009-4-17 0.100 0.100 2000000000 200000000

500058 Yinfeng Fund 2009-8-17 0.016 0.016 3000000000 48000000

510180 180 ETF 2009-4-17 0.149 0.149 180822674 26942578

510880 Distribution ETF 2009-10-28 0.023 0.023 1886175703 43382041

510880 Distribution ETF 2009-3-30 0.024 0.024 1293675703 31048217


Bank2009-6-16 0.230 0.167 5661347506 945445034

600004 Baiyun Airport 2009-8-14 0.170 0.153 1015000000 155295000

600005Wuhan Iron

& Steel2009-6-26 0.220 0.198 3135352333 620799762

600006 Dongfeng Automobile 2009-6-26 0.090 0.081 798000000 64638000

600007China World Trade

Center2009-6-12 0.150 0.135 800000000 108000000

600008 Beijing Capital 2009-5-13 0.110 0.099 2200000000 217800000

600009 Shanghai Airport 2009-8-11 0.050 0.045 1093476397 49206438

600010 Baotou Steel 2009-7-17 0.050 0.045 2720425017 122419126

600011Huaneng Power

International2009-7-7 0.100 0.090 2878213333 259039200

600012 Wantong Expressway 2009-6-8 0.230 0.207 1165600000 241279200

600015 Hua Xia Bank 2009-6-22 0.130 0.117 3784000000 442728000

600016 Minsheng Bank 2009-6-3 0.080 0.072 18823001989 1355256143

600017 Rizhao Port 2009-5-22 0.050 0.045 460592040 20726642


2009-6-29 0.102 0.092 7992512046 733712606

600019Baoshan Iron

& Steel2009-6-19 0.180 0.162 17512000000 2836944000

600020 Zhongyuan Express 2009-6-18 0.050 0.044 952819042 41924038

600022 Jinan Iron & Steel 2009-4-30 0.050 0.045 780292663 35113170

2010 Fact Book 160

Listed Companies

2010 Fact Book 161

Listed Companies

600026China Shipping Development

2009-6-26 0.300 0.270 2108552270 569309113

600028China Petroleum

& Chemical2009-6-30 0.090 0.081 12834150507 1039566191

600028China Petroleum

& Chemical2009-10-15 0.070 0.063 12834150507 808551482

600030 CITIC Securities 2009-6-17 0.500 0.450 6570467600 2956710420

600031 Sany Heavy Industry 2009-7-2 0.180 0.162 1488000000 241056000

600033 Fujian Express 2009-5-27 0.150 0.135 543165018 73327277

600035 Chutian Express 2009-7-10 0.130 0.117 434250178 50807271

600036 China Merchants Bank 2009-7-9 0.100 0.060 12045203828 722712230

600037 Gehua Cable TV 2009-6-24 0.150 0.135 1060360898 143148721

600038 Hafei Aviation Industry 2009-7-17 0.100 0.090 168493477 15164413

600048 Poly Real Estate 2009-5-6 0.132 0.089 1251425098 111126549

600050 China Unicom 2009-7-17 0.067 0.060 21196596395 1281970150

600051 Ningbo United Group 2009-6-18 0.200 0.180 302400000 54432000

600053 Zhongjiang Real Estate 2009-5-20 0.050 0.045 83196869 3743859

600054 Huangshan Tourism 2009-7-20 0.100 0.090 117620000 10585800

600055Wandong Medical

Equipment2009-7-31 0.060 0.054 216450000 11688300

600058Minmetals

Development2009-6-18 0.320 0.288 549137726 158151665

600060 Hisense Electric 2009-7-10 0.138 0.124 493767810 61325962


2009-7-22 0.135 0.102 476413290 48355949

600063Wanwei Updated High-

Tech Material2009-6-12 0.020 0.018 368079150 6625425

600064Nanjing Xingang High-

Tech2009-6-19 0.400 0.360 344145888 123892520

600066 Yutong Bus 2009-5-22 0.600 0.540 402149832 217160909

600067 Citychamp Dartong 2009-7-17 0.080 0.072 503255699 36234410

600068 Gezhouba 2009-6-26 0.130 0.117 785817382 91940634

600070 Zhejiang Furun 2009-5-21 0.100 0.090 118669176 10680226

600071 Phenix Optical 2009-6-11 0.100 0.090 164507006 14805631

600072 CSSC 2009-6-26 0.035 0.032 362446656 11417070


Chemical2009-6-10 0.010 0.009 438538873 3946850

600079 Renfu Hi-Tech 2009-5-18 0.042 0.038 325245176 12294268

2010 Fact Book 160

Listed Companies

2010 Fact Book 161

Listed Companies

600082 Hi-Tech Development 2009-5-14 0.050 0.045 248344786 11175515

600085 Tongrentang 2009-8-18 0.200 0.180 520826278 93748730

600087 Nanjing Tanker 2009-5-15 0.100 0.090 823959137 74156322

600088 China Television Media 2009-8-25 0.100 0.090 119886623 10789796

600089 Tebian Electric 2009-6-9 0.100 0.070 1198250482 83877534

600096 Yuntianhua 2009-7-3 0.400 0.360 263979304 95032549

600098 Guangzhou Holdings 2009-6-19 0.090 0.081 2059200000 166795200

600100 Tsinghua Tongfang 2009-7-14 0.070 0.063 976970554 61549145

600102 Laiwu Steel 2009-6-5 0.150 0.135 233769940 31558942

600104 SAIC Motor 2009-6-26 0.026 0.023 3275999090 76658379

600106Chongqing Road

& Bridge2009-4-23 0.100 0.090 375100000 33759000

600109 Sinolink Securities 2009-6-10 0.120 0.008 133828414 1070627

600113 Zhejiang Dongri 2009-6-11 0.050 0.045 147500000 6637500

600114 NBTM 2009-4-14 0.100 0.090 107678000 9691020

600116Three Gorges Water

Conservancy2009-6-3 0.050 0.045 160801520 7236068

600118 China Spacesat 2009-4-24 0.100 0.070 143012276 10010859

600120 Zhejiang Orient 2009-7-3 0.100 0.090 505473454 45492611

600121Zhengzhou Coal

Industry & Electric Power

2009-6-11 0.100 0.090 360994000 32489460

600123Lanhua Sci-Tech

Venture2009-5-26 0.608 0.547 571200000 312560640

600125 Tielong Container 2009-5-15 0.060 0.054 702903130 37956769

600126Hangzhou Iron

& Steel2009-7-9 0.100 0.090 411079987 36997199

600128 Jiangsu Holly 2009-6-30 0.060 0.054 246767500 13325445

600132 Chongqing Brewery 2009-6-5 0.100 0.090 291779496 26260155

600138 China Youth Travel 2009-6-8 0.120 0.108 332911184 35954408

600141Xingfa Chemicals

Group2009-5-12 0.250 0.225 246000000 55350000

600143 Kingfa 2009-6-9 0.100 0.090 1396500000 125685000

600150China State Shipbuilding

2009-6-24 1.000 0.900 262556538 236300884

600151 Shanghai Aerospace 2009-5-21 0.025 0.023 748544000 16842240

600153 Xiamen C & D 2009-8-28 0.250 0.225 1243194856 279718843

600157 Lurun 2009-7-17 0.020 0.018 132418350 2383530

2010 Fact Book 162

Listed Companies

2010 Fact Book 163

Listed Companies

600160 Zhejiang Juhua 2009-6-18 0.100 0.090 556800000 50112000

600166 Foton Motor 2009-6-18 0.020 0.018 916408500 16495353

600168Wuhan Sanzhen Industry Holding

2009-5-26 0.045 0.041 441150000 17866575

600169 Taiyuan Heavy Industry 2009-6-3 0.050 0.005 446772425 2233862

600170 Shanghai Construction 2009-6-23 0.125 0.113 313560000 35275500

600173 Wolong Real Estate 2009-4-16 0.090 0.081 122091972 9889450

600177 Yongor 2009-6-11 0.300 0.270 1430694747 386287582

600183 Shengyi Tech 2009-6-26 0.150 0.135 955670625 129015534

600188 Yanzhou Coal 2009-7-27 0.400 0.360 360000000 129600000

600189 Jilin Forest 2009-8-14 0.100 0.090 310500000 27945000

600190 Jinzhou Port 2009-6-19 0.030 0.012 674099896 8089199

600195China Animal Husbandry

2009-5-20 0.120 0.108 201000000 21708000

600196 Fosun Pharmaceutical 2009-8-25 0.100 0.090 685649142 61708423

600197 Yilite 2009-5-22 0.180 0.162 215288659 34876763

600201 Jinyu Group 2009-6-8 0.100 0.090 262177918 23596013

600202 Harbin Air Conditioning 2009-5-14 0.050 0.025 202259200 5056480

600206GRINM Semiconductor

Materials2009-7-22 0.070 0.063 153375000 9662625

600210 Zijiang Enterprise 2009-6-3 0.050 0.045 1160086222 52203880

600216 Zhejiang Medicine 2009-6-3 0.700 0.630 449978616 283486528

600219 Nanshan Aluminum 2009-6-11 0.100 0.090 496811462 44713032

600226 Shenghua Biok 2009-5-22 0.220 0.198 270366165 53532501

600227 Chitianhua 2009-4-17 0.100 0.090 225905586 20331503

600230 Cangzhou Dahua 2009-5-15 0.130 0.117 259331620 30341800

600231Lingyuan Iron and

Steel2009-6-12 0.050 0.045 372528953 16763803

600233 Dayang Trands 2009-6-30 0.100 0.090 99000000 8910000

600235 Minfeng Special Paper 2009-6-8 0.100 0.090 263400000 23706000

600236 Guiguan Electric 2009-7-21 0.130 0.117 698105542 81678348

600246Vantone Pioneer Real

Estate2009-4-23 0.350 0.315 244257630 76941153

600247 Chengcheng Group 2009-8-26 0.015 0.014 336441600 4541962

600250 Nanfang Textile 2009-7-10 0.015 0.014 168175898 2270375

600251Guannong Fruit

& Antler2009-5-15 0.100 0.090 241400000 21726000

600252 Zhongheng Group 2009-6-18 0.015 0.004 167320079 585620

2010 Fact Book 162

Listed Companies

2010 Fact Book 163

Listed Companies

600255 Xinke New Materials 2009-5-20 0.050 0.045 321317618 14459293

600256 Guanghui Industry 2009-4-29 0.100 0.080 502917532 40233403

600258 Capital Tourism 2009-6-10 0.370 0.333 115357844 38414162

600260 Kaile Technology 2009-7-1 0.100 0.000 263820000 0

600261 Zhejiang Yankon 2009-6-1 0.400 0.360 105456000 37964160

600262 North Hauler 2009-5-22 0.080 0.072 66000000 4752000

600263 CRBC 2009-6-19 0.050 0.045 408133010 18365985

600265 Jinggu Forestry 2009-8-28 0.160 0.144 68480000 9861120

600266Beijing Urban Construction

2009-8-25 0.050 0.045 721000000 32445000

600267 Hisun Pharmaceutical 2009-5-22 0.100 0.090 449280000 40435200

600268Guodian Nanjing

Automation2009-7-10 0.150 0.135 177000000 23895000

600269 Ganyue Expressway 2009-6-12 0.230 0.207 677507798 140244114

600270 Sinotrans 2009-6-12 0.100 0.090 330843924 29775953

600271 Aisino 2009-6-4 0.270 0.243 615600000 149590800

600276 Hengrui Medicine 2009-5-7 0.100 0.070 354087293 24786111

600278Orient International

Enterprise2009-6-12 0.080 0.072 142746725 10277764

600279 Chongqing Gangjiu 2009-7-14 0.040 0.036 150738020 5426569

600280Nanjing Central

Emporium2009-7-17 0.200 0.180 120359427 21664697

600282 Southern China Steel 2009-6-17 0.040 0.036 887760000 31959360

600283Qianjiang Water

Resources2009-7-2 0.200 0.180 188174037 33871327

600284Pudong Road

& Bridge Construction2009-6-12 0.089 0.080 346000000 27714600

600289Bright Oceans Inter-

Telecom2009-6-18 0.326 0.293 203822669 59801571

600290 Huayi Electric 2009-6-12 0.050 0.045 274020000 12330900

600295 Eerduosi 2009-6-12 0.100 0.090 192000000 17280000

600297 Merro Pharmaceutical 2009-6-10 0.020 0.018 77800000 1400400

600298 Angel Yeast 2009-6-15 0.130 0.117 271400000 31753800

600300V V Food

& Beverage2009-5-15 0.030 0.027 760000000 20520000

600303 SG Automotive 2009-6-5 0.050 0.045 183412500 8253563

600308 Huatai Paper 2009-8-14 0.060 0.054 370415549 20002440

600309 Yantai Wanhua 2009-4-20 0.500 0.450 823426464 370541909

2010 Fact Book 164

Listed Companies

2010 Fact Book 165

Listed Companies

600310 Guidong Electric Power 2009-5-13 0.400 0.360 60717114 21858161

600312 Pinggao Electric 2009-6-12 0.100 0.070 511243176 35787022

600315 Shanghai Jahwa 2009-5-27 0.200 0.180 217031270 39065629

600316 Hongdu Aviation 2009-7-8 0.060 0.054 193030362 10423640

600319 Yaxing Chemical 2009-6-19 0.020 0.018 315594000 5680692

600320Zhenhua Heavy

Industries2009-6-29 0.034 0.001 1959691000 1175815

600321 Guodong Construction 2009-7-20 0.060 0.054 150813000 8143902

600322Tianjin Reality Development

2009-5-20 0.030 0.027 1040814834 28102001

600323 Nanhai Development 2009-7-20 0.140 0.126 194524481 24510085

600325 Huafa 2009-4-8 0.110 0.099 613953532 60781400

600327 Commercial Mansion 2009-6-3 0.150 0.135 169766988 22918543

600328 Lantai Industrial 2009-6-16 0.010 0.009 218592953 1967337

600330 TDG Holding 2009-6-30 0.020 0.018 588818400 10598731

600332Guangzhou

Pharmaceutical2009-8-10 0.040 0.036 591000000 21276000

600337 Markor Furniture 2009-5-22 0.007 0.006 401927040 2351273

600339Tianli Hi

& New Tech2009-6-22 0.060 0.054 412782508 22290255

600345Yangtze

Communication2009-7-10 0.050 0.045 107935800 4857111

600348 Guoyang New Energy 2009-8-7 0.450 0.405 962000000 389610000

600350 Shandong Expressway 2009-7-30 0.166 0.149 666600000 99590040

600351 Yabao Pharmaceutical 2009-4-24 0.200 0.180 158238000 28482840

600352 Zhejiang Longsheng 2009-6-10 0.200 0.180 659000000 118620000

600356 Hengfeng Paper 2009-6-2 0.227 0.204 87000000 17774100

600361 Hypermarket 2009-5-22 0.100 0.090 394276412 35484877

600362 Jiangxi Copper 2009-7-17 0.080 0.072 353276834 25435932

600363Lianchuang

Optoelectronic2009-8-19 0.020 0.018 370806750 6674522

600366 Ningbo Yunsheng 2009-5-26 0.150 0.135 395767500 53428613

600368Wuzhou

Communications2009-7-17 0.060 0.054 555867688 30016855

600371 Wanxiang Doneed 2009-6-4 0.200 0.180 91140000 16405200

600375 Xingma Automobile 2009-6-1 0.100 0.090 187481250 16873313

600377Shanghai-Ningbo

Expressway2009-7-10 0.270 0.243 423737980 102968329

2010 Fact Book 164

Listed Companies

2010 Fact Book 165

Listed Companies

600380Joincare

Pharmaceutical2009-6-12 0.120 0.108 610804800 65966918

600382 Guangdong Mingzhu 2009-6-2 0.030 0.027 341746600 9227158

600383 Gemdale 2009-6-5 0.100 0.090 1678153846 151033846

600387 Zhejiang Haiyue 2009-7-21 0.100 0.090 263668112 23730130

600388 Fujian Longking 2009-4-8 0.450 0.405 128537777 52057800

600389Jiangshan

Agrochemical2009-5-14 0.100 0.090 86256000 7763040

600390Kingray New Materials Science & Technology

2009-6-16 0.020 0.018 109890833 1978035

600391Chengfa Aero Science

& Technology2009-5-27 0.260 0.234 71801210 16801483

600395 Panjiang Refined Coal 2009-6-18 0.580 0.522 268757278 140291299

600396 Jinshan Energy 2009-6-23 0.020 0.018 282991467 5093846

600398 Canal Sci & Tech 2009-6-22 0.050 0.045 496025690 22321156

600400 Hongdou Industry 2009-6-2 0.020 0.018 228705192 4116693

600406NARI Technology

Development2009-5-5 0.100 0.090 174915204 15742368

600408 Antai Group 2009-5-27 0.050 0.045 829800000 37341000

600409Sanyou Chemical

Industries2009-6-19 0.025 0.023 939136000 21130560

600410 Teamsun 2009-4-29 0.160 0.144 419105160 60351143

600415China Commodities

City2009-6-4 0.200 0.080 150314674 12025174

600416Xiangtan Electric Manufacturing

2009-5-18 0.100 0.090 161430475 14528743

600418 Jianghuai Automobile 2009-6-1 0.012 0.011 880868395 9513379

600425Qingsong Building

Materials and Chemicals

2009-5-21 0.200 0.180 244565917 44021865

600426 Hualu Hengsheng 2009-6-1 0.100 0.090 495750000 44617500

600428 COSCO Shipping 2009-7-8 0.200 0.180 1310400000 235872000

600432 Jien Nickel 2009-5-21 0.100 0.040 470258046 18810322

600436 Pientzehuang 2009-6-17 0.550 0.495 63632000 31497840

600439 Rebecca 2009-6-2 0.070 0.053 474225000 25133925

600446 Kingdom Sci-Tech 2009-5-27 0.250 0.225 137440000 30924000

600449 Saima Industria 2009-6-2 0.250 0.225 132594674 29833802

600452 Fuling Electric Power 2009-6-10 0.040 0.036 77369956 2785318

600456 Baoji Titanium 2009-6-19 0.250 0.225 202544748 45572568

2010 Fact Book 166

Listed Companies

2010 Fact Book 167

Listed Companies

600458 Times New Materials 2009-6-18 0.080 0.072 146947534 10580222

600461Hongcheng Waterworks

2009-6-24 0.080 0.072 74057905 5332169

600463 Airport High-Tech Park 2009-5-27 0.140 0.126 252000000 31752000

600469 Aeolus Tyre 2009-8-13 0.100 0.090 146633190 13196987

600470 Liuguo Chemical 2009-6-8 0.120 0.108 226000000 24408000

600475 Huaguang 2009-5-27 0.250 0.225 136458240 30703104

600477Hangxiao Steel

Structure2009-7-7 0.060 0.034 142027632 4828939

600479 Qianjin Pharmaceutical 2009-6-1 0.320 0.288 150926539 43466843

600481Shuangliang Air-

conditioning Equipment2009-7-2 0.230 0.207 410744376 85024086

600486 Yangnong Chemical 2009-6-8 0.200 0.180 74100508 13338091

600487Hengtong

Photoelectrical2009-6-30 0.200 0.180 166120000 29901600

600488Tianyao

Pharmaceutical2009-4-24 0.030 0.027 361575964 9762551

600489 Zhongjin Gold 2009-6-10 0.200 0.180 171075510 30793592

600491Long Yuan

Construction2009-6-1 0.100 0.090 267092774 24038350

600493 Fengzhu Textile 2009-6-9 0.030 0.027 170000000 4590000

600495 Jinxi Axle 2009-5-21 0.100 0.090 167910000 15111900

600496Jinggong Steel

Building2009-5-25 0.070 0.063 345000000 21735000

600497Chihong Zinc & Germanium

2009-6-26 0.150 0.135 507683568 68537282

600498Fiberhome

Telecommunication2009-7-10 0.150 0.135 199911057 26987993

600499 Keda Industrial 2009-6-12 0.100 0.090 343770000 30939300

600500 Sinochem International 2009-6-3 0.200 0.180 1437589571 258766123

600501 Aerosun 2009-7-1 0.100 0.090 171908190 15471737

600502 Anhui Water Resources 2009-6-29 0.020 0.018 223080000 4015440

600508 Shanghai Energy 2009-6-19 0.100 0.090 271526667 24437400

600509 Tianfu Thermoelectric 2009-7-17 0.070 0.063 655696586 41308885

600510 Black Peony 2009-5-20 0.050 0.045 255018554 11475835

600511 National Medicines 2009-6-8 0.150 0.085 138821713 11799846

600513Lianhuan

Pharmaceutical2009-7-20 0.050 0.045 90000000 4050000

600516 Fangda Carbon 2009-7-22 0.246 0.221 308404729 68280807

2010 Fact Book 166

Listed Companies

2010 Fact Book 167

Listed Companies

600517 Zhixin Electric 2009-6-12 0.050 0.025 412470000 10311750

600518Kangmei

Pharmaceutical2009-4-27 0.060 0.004 764400000 3057600

600519 Kweichow Moutai 2009-7-7 1.156 1.040 943800000 981929520

600521 Huahai Pharmaceutical 2009-6-4 0.200 0.180 299226269 53860728

600523 Guihang Automotive 2009-5-25 0.050 0.045 140516626 6323248

600525 Changyuan Group 2009-5-27 0.100 0.090 166586420 14992778

600527Jiangnan High Polymer

Fiber2009-6-18 0.050 0.045 351278340 15807525

600528 China Railway Erju 2009-6-11 0.200 0.180 1292800000 232704000

600529Shandong

Pharmaceutical2009-6-12 0.060 0.054 257380111 13898526

600531Yuguang Gold

& Lead2009-6-10 0.050 0.045 228269160 10272112

600533 Chixia Development 2009-7-17 0.100 0.090 1050000000 94500000

600535 Tasly 2009-4-17 0.400 0.360 488000000 175680000

600536China National

Software2009-7-27 0.014 0.013 161311084 2076074

600538 Beihai Gofar 2009-9-9 0.004 0.004 225727880 812620

600539 Lionhead Cement 2009-6-12 0.020 0.018 121559127 2188064

600540Xinjiang Sayram

Modern Agriculture2009-8-12 0.040 0.036 129221186 4651963

600545Xinjiang Urban Construction

2009-6-19 0.050 0.045 450523852 20273573

600547 Shandong Gold 2009-4-30 0.300 0.270 172980000 46704600

600548 Shenzhen Expressway 2009-6-17 0.120 0.108 1433200000 154785600

600549 Xiamen Tungsten 2009-6-8 0.150 0.135 681980000 92067300

600550 Tianwei Baobian 2009-4-20 0.200 0.180 572320000 103017600

600551 Times Media 2009-5-25 0.100 0.090 51604999 4644450

600553 Taihang Cement 2009-5-7 0.020 0.018 380000000 6840000

600557 Kanion Pharmaceutical 2009-5-15 0.150 0.135 196863533 26576577

600558 Atlantic China Welding 2009-4-16 0.130 0.117 73932810 8650139

600560 AriTime 2009-6-3 0.080 0.072 99398000 7156656

600563 Faratronic 2009-5-8 0.200 0.180 146625000 26392500

600565 Dima Industry 2009-5-20 0.020 0.018 263872000 4749696

600566Hongcheng General

Machinery2009-6-5 0.010 0.009 106290000 956610

600570 Hundsun Electronics 2009-4-28 0.100 0.065 297024000 19306560

2010 Fact Book 168

Listed Companies

2010 Fact Book 169

Listed Companies

600572 Conba 2009-5-18 0.120 0.108 168400399 18187243

600573 Huiquan Brewage 2009-6-24 0.100 0.090 250000000 22500000

600575 Wuhu Port 2009-6-2 0.060 0.054 214705596 11594102

600577Jingda Special Magnet

Wire2009-5-18 0.100 0.090 294480000 26503200

600578Jingneng Thermal

Power2009-6-18 0.120 0.108 573360000 61922880

600580 Wolong Electric 2009-4-16 0.120 0.108 283316200 30598150

600581 Ba Yi Steel 2009-5-20 0.050 0.045 766448935 34490202

600582Tiandi Science & Technology

2009-6-26 0.150 0.135 324414294 43795930

600583Offshore Oil Engineering

2009-6-3 0.100 0.080 2160800000 172864000

600585 Anhui Conch Cement 2009-6-29 0.300 0.270 1022480000 276069600

600587Xinhua Medical

Instrument2009-5-13 0.050 0.045 102649560 4619230

600588 Ufida Software 2009-5-6 0.300 0.270 466683575 126004565

600589 Guangdong Rongtai 2009-5-20 0.020 0.018 533250000 9598500

600590 Tellhow Sci-Tech 2009-5-21 0.050 0.045 230360855 10366238

600592 Longxi Bearing 2009-6-25 0.100 0.090 205833600 18525024

600595 Zhongfu Industry 2009-5-14 0.050 0.045 457255594 20576502

600596 Xinan Chemical 2009-5-20 1.100 0.990 196743657 194776220

600598 Heilongjiang Agriculture 2009-6-18 0.268 0.241 1714477940 413377776

600600 Tsingtao Brewery 2009-7-31 0.250 0.225 235755495 53044986

600601Founder Science

& Technology2009-6-1 0.022 0.020 1726486674 34184436

600606 Jinfeng Investment 2009-5-12 0.100 0.090 257690925 23192183


Pharmaceutical Investment

2009-6-18 0.170 0.153 367814821 56275668

600611 Dazhong Transportation 2009-6-12 0.130 0.117 607207892 71043323

600612 China First Pencil 2009-7-30 0.100 0.090 78286614 7045795

600616 Jinfeng Wine 2009-5-27 0.200 0.180 365559577 65800724

600618 Chlor-Alkali Chemical 2009-6-5 0.005 0.005 749839976 3374280

600621 Shanghai Jinling 2009-8-7 0.050 0.045 524082351 23583706

600622Jiabao Industry

& Commerce Group2009-7-17 0.120 0.108 514303802 55544811

600626 Shanghai Shenda 2009-6-19 0.100 0.090 473495211 42614569

2010 Fact Book 168

Listed Companies

2010 Fact Book 169

Listed Companies

600628 New World 2009-8-21 0.100 0.090 425487219 38293850

600631 Brilliance Group 2009-7-17 0.100 0.090 1101027295 99092457

600635 Dazhong Public Utilities 2009-6-24 0.055 0.050 1495336166 74019140

600638 New Huang Pu 2009-7-13 0.130 0.117 561163988 65656187

600639 Pudong Jinqiao 2009-8-14 0.125 0.113 596953500 67157269

600641 Wanye Enterprise 2009-6-11 0.450 0.405 266280481 107843595

600642 Shenergy 2009-6-29 0.100 0.090 2889631654 260066849

600644 Leshan Electric Power 2009-5-22 0.080 0.072 245951835 17708532

600649 Shanghai Chengtou 2009-8-14 0.100 0.090 1114239360 100281542

600650Jinjiang International Industrial Investment

2009-6-26 0.300 0.270 233134625 62946349

600655 Yuyuan Tourist Mart 2009-6-18 0.070 0.063 725920190 45732972

600662 Qiangsheng Holding 2009-7-31 0.080 0.072 549043218 39531112

600663 Lujiazui 2009-7-15 0.114 0.103 1358084000 139339418

600664 Harbin Pharmaceutical 2009-8-3 0.590 0.531 810299607 430269091

600665 Tande 2009-10-13 0.050 0.045 720102101 32404595

600665 Tande 2009-6-15 0.040 0.036 720102101 25923676

600667 Taiji Industry 2009-6-10 0.014 0.013 368817380 4613905

600668 Jianfeng Group 2009-6-26 0.030 0.027 344083828 9290263

600673Dongyangguang

Aluminum2009-6-9 0.100 0.090 238246176 21442156

600674 Chuantou Energy 2009-5-11 0.070 0.063 336962049 21228609

600675 China Enterprise 2009-6-17 0.160 0.144 748916158 107843927

600682Nanjing Xinjiekou Department Store

2009-7-31 0.120 0.108 299705670 32368212


International2009-7-2 0.450 0.405 337279580 136598230

600686 King Long Motor 2009-6-30 0.050 0.045 442140797 19896336

600690 Qingdao Haier 2009-7-21 0.150 0.135 755694873 102018808

600693 Dongbai Group 2009-6-12 0.150 0.105 215234356 22599607

600697 Eurasia Group 2009-7-14 0.300 0.270 109701786 29619482

600702 Tuopai Yeast Liquor 2009-6-16 0.065 0.059 337300000 19732050

600704 Zhongda Group 2009-6-30 0.100 0.090 374752068 33727686

600708 Shanghai Haibo 2009-6-16 0.100 0.090 321343219 28920890

600712Nanning Department

Store2009-7-13 0.170 0.133 144672000 19241376

600713 Nanjing Medical 2009-6-15 0.010 0.000 198103630 0

600719 Dalian Thermal Power 2009-6-15 0.020 0.018 135732908 2443192

2010 Fact Book 170

Listed Companies

2010 Fact Book 171

Listed Companies

600720 Qilianshan 2009-5-27 0.150 0.135 395902332 53446815

600725 Yunnan Yunwei 2009-5-21 0.200 0.180 90787500 16341750


Store2009-7-10 0.200 0.180 135240894 24343361

600736Suzhou New District

Hi-Tech2009-5-26 0.090 0.081 855162000 69268122

600737 Cofco Tunhe 2009-7-16 0.073 0.066 486845448 31985746

600742FAWAY Automobile

Components2009-6-8 0.150 0.135 211523400 28555659

600743 Huayuan Property 2009-4-29 0.250 0.225 778129126 175079053


Development2009-8-18 0.030 0.027 870943534 23515475

600750Jiangzhong

Pharmaceutical2009-4-10 0.390 0.351 181589040 63737753

600754Jin Jiang International

Hotels2009-6-26 0.350 0.315 447240740 140880833


Trade2009-6-22 0.150 0.135 368469998 49743450

600761 Anhui Heli 2009-6-26 0.100 0.090 247408113 22266730

600764 CEC CoreCast 2009-7-21 0.030 0.027 329726984 8902629

600765 AVIC Heavy Machinery 2009-7-30 0.060 0.054 518668800 28008115

600778 Friendship Group 2009-7-7 0.050 0.045 306628782 13798295

600779 Swellfun 2009-5-13 0.530 0.477 295323512 140869315

600782Xinyu Iron

&Steel2009-6-19 0.060 0.054 1393429509 75245193

600785Xinhua Department

Store2009-6-11 0.100 0.090 139605340 12564481

600787Zhongchu

Development2009-6-12 0.040 0.036 391992062 14111714

600791 Jingneng Property 2009-6-10 0.004 0.004 247111261 889601

600795 GD Power 2009-7-10 0.030 0.027 4133251774 111597798

600797 Insigma 2009-8-27 0.010 0.009 813043495 7317391

600798 Ningbo Marine 2009-6-5 0.200 0.180 366125000 65902500

600801 Huaxin Cement 2009-5-27 0.150 0.135 89111884 12030104

600806 Kunming Machine Tool 2009-7-13 0.094 0.085 158552483 13456349

600809 Shanxi Fen Wine 2009-8-11 0.400 0.360 432924133 155852688

600811 Oriental Group 2009-7-17 0.015 0.004 954669426 3341343

600814 Hangzhou Jiebai 2009-7-20 0.120 0.108 310383021 33521366

2010 Fact Book 170

Listed Companies

2010 Fact Book 171

Listed Companies

600815Xiamen Engineering

Machinery2009-6-10 0.045 0.041 699273517 28320577

600818 Zhonglu Co. 2009-6-17 0.050 0.045 171256836 7706558

600819Yaohua Pilkington

Glass2009-8-5 0.020 0.018 543750080 9787501

600820 Tunnel Engineering 2009-6-12 0.100 0.090 733521347 66016921

600823 Shimao Real Estate 2009-5-15 0.030 0.027 358988872 9692700

600824 Yimin Commercial 2009-4-17 0.060 0.044 609969371 26838652

600825 Xinhua Media 2009-7-20 0.110 0.079 255817831 20209609

600827 Friendship Group 2009-7-9 0.050 0.045 265816586 11961746

600829 Sanjing Pharmaceutical 2009-7-7 0.740 0.666 174647975 116315551

600830 Sunny Loan Top 2009-6-18 0.030 0.027 291259231 7863999

600831Broadcast & TV

Network2009-5-20 0.050 0.045 306835584 13807601

600833 No.1 Pharmacy 2009-8-20 0.070 0.063 159347391 10038886

600834 Shentong Metro 2009-6-10 0.100 0.090 477381905 42964371

600835Shanghai Mechanical

& Electrical2009-7-10 0.100 0.090 322983936 29068554

600837 Haitong Securities 2009-6-15 0.100 0.090 8227821180 740503906

600839 Sichuan Changhon 2009-7-17 0.050 0.045 1893814841 85221668

600841 Shanghai Diesel Engine 2009-7-16 0.050 0.045 21600000 972000

600845 Baosight Software 2009-6-4 0.200 0.180 41800203 7524037

600849Shanghai

Pharmaceutical2009-6-16 0.045 0.041 371733767 15055218

600857 HIT Shouchuang 2009-6-15 0.020 0.018 189115167 3404073

600858 Silver Plaza 2009-8-12 0.070 0.063 208563419 13139495

600859 Wangfujing 2009-6-12 0.200 0.180 198378626 35708153

600861 Beijing Urban-Rural 2009-6-8 0.100 0.090 206973359 18627602

600864 Hatou Investment 2009-8-7 0.050 0.045 546378196 24587019

600865 Baida Group 2009-6-16 0.080 0.072 376240316 27089303

600874Capital Environmental

Protection2009-8-12 0.040 0.036 1087228430 39140223

600875 Dongfang Electric 2009-8-25 0.020 0.018 475221754 8553992

600880 B-ray Media 2009-3-23 0.150 0.135 233493911 31521678

600881 Yatai Group 2009-6-5 0.100 0.040 1181038431 47241537

600884 Ningbo Shanshan 2009-6-10 0.060 0.054 299571027 16176835

600886 Huajing Power 2009-5-27 0.306 0.275 1054628336 290444644

600888 Xinjiang Joinworld 2009-6-17 0.050 0.045 342058684 15392641

2010 Fact Book 172

Listed Companies

2010 Fact Book 173

Listed Companies

600893 Xi’an Aero-engine 2009-6-18 0.101 0.091 121082729 11006420

600895 Zhangjiang Hi-tech 2009-5-27 0.110 0.099 1548689550 153320265

600896China Shipping

Haisheng2009-6-18 0.040 0.036 581315773 20927368


Airport2009-6-29 0.060 0.054 125091000 6754914

600900 Yangtze Power 2009-8-13 0.216 0.194 4909379777 953745209

600962 SDIC Zhonglu 2009-7-13 0.100 0.090 158700000 14283000

600963 Yueyang Paper 2009-6-12 0.010 0.009 506387109 4557484

600965 Fortune Ng Fung 2009-9-11 0.040 0.036 279403237 10058517

600966 Bohui Paper Industrial 2009-5-8 0.080 0.072 369519710 26605419

600970 Sinoma International 2009-6-8 0.050 0.005 78443052 392215

600970 Sinoma International 2009-10-28 0.186 0.167 336000000 56246400

600971 Hengyuan Coal Power 2009-4-27 0.300 0.270 95354763 25745786

600973Baosheng Science and

Technology2009-6-15 0.070 0.063 92916525 5853741

600976 Wuhan Jianmin 2009-7-3 0.050 0.045 153198600 6893937

600978 Yihua Timber Industry 2009-6-15 0.010 0.009 759407443 6834667

600981 Jiangsu Skyrun 2009-5-22 0.050 0.045 309663900 13934876

600982 Ningbo Thermal 2009-6-2 0.100 0.090 168000000 15120000

600983 Hefei Rongshida Sanyo 2009-5-19 0.180 0.162 122937750 19915916

600985 Leimingkehua 2009-7-21 0.100 0.090 59638399 5367456

600986 Keda Group 2009-6-26 0.060 0.004 167634854 670539

600987 Zhejiang Hangmin 2009-5-21 0.150 0.135 210340000 28395900

600990 Sun-Create Electronics 2009-6-22 0.150 0.135 33031667 4459275

600991 Changfeng Motors 2009-5-22 0.100 0.090 198702173 17883196

600992Guizhou

Wire Rope2009-5-19 0.060 0.054 115684481 6246962

600993 Mayinglong 2009-6-19 0.100 0.050 68047521 3402376

600995Wenshan Electric

Power2009-5-27 0.030 0.007 260845200 1825916

600997 Kailuan Clean Coal 2009-5-27 0.200 0.180 330219528 59439515

601001 Datong Coal 2009-7-31 0.400 0.360 836850000 301266000

601005 Chongqing Iron & Steel 2009-7-24 0.100 0.090 1195000000 107550000

601006 Daqin Railway 2009-7-7 0.300 0.270 3511303030 948051818

601008 Lianyungang 2009-6-10 0.040 0.036 220020000 7920720

601009 Bank of Nanjing 2009-6-22 0.300 0.270 1161206239 313525685

601088 China Shenhua 2009-6-30 0.460 0.414 1800000000 745200000

2010 Fact Book 172

Listed Companies

2010 Fact Book 173

Listed Companies

601107 Sichuan Expressway 2009-9-9 0.130 0.117 2162740000 253040580

601166 Industrial Bank 2009-6-17 0.450 0.405 3980000000 1611900000

601168 Western Mining 2009-4-30 0.100 0.090 1710700000 153963000

601169 Bank of Beijing 2009-7-24 0.180 0.162 3955268437 640753487


2009-7-17 0.100 0.090 2450000000 220500000

601318 Ping An Insurance 2009-9-9 0.150 0.135 3926586596 530089190

601328Bank of

Communications2009-10-16 0.100 0.090 15954932919 1435943963

601328Bank of

Communications2009-6-29 0.100 0.090 15954932919 1435943963

601333 Guangshen Railway 2009-7-24 0.080 0.072 2747987000 197855064

601398 ICBC 2009-6-30 0.165 0.149 14950000000 2220075000

601588 North Star 2009-6-24 0.030 0.027 1500000000 40500000

601601 China Pacific Insurance 2009-6-18 0.300 0.270 7700000000 2079000000

601628 China Life 2009-6-19 0.230 0.207 1500000000 310500000

601666Pingdingshan Tianan

Coal2009-6-30 1.115 0.974 436681000 425108954


Energy2009-6-17 1.000 0.900 382500000 344250000

601727 Shanghai Electric 2009-5-15 0.056 0.050 616038405 31048336

601727 Shanghai Electric 2009-8-21 0.061 0.055 616038405 33820508

601766China South

Locomotive & Rolling Stock

2009-7-14 0.032 0.029 3000000000 86400000

601788 Everbright Securities 2009-10-30 0.580 0.522 3418000000 1784196000

601808 China Oilfield Services 2009-6-29 0.140 0.126 500000000 63000000

601857 Petrochina 2009-6-19 0.150 0.135 4000000000 538320000

601857 Petrochina 2009-10-16 0.124 0.112 4000000000 447000000

601872China Merchants Energy Shipping

2009-7-21 0.100 0.090 1576843629 141915927

601898 China Coal Energy 2009-7-31 0.154 0.139 1525333400 211594249

601899 Zijin Mining 2009-6-10 0.100 0.090 6324966980 569247028

601918 SDIC Xinji 2009-5-15 0.200 0.180 352000000 63360000

601919 China COSCO 2009-7-8 0.290 0.261 2162867446 564508403

601939China Construction

Bank2009-7-8 0.084 0.075 9000000000 677970000


2009-5-25 0.400 0.360 538000000 193680000

2010 Fact Book 174

Listed Companies

2010 Fact Book 175

Listed Companies

601988 Bank of China 2009-7-20 0.130 0.117 6493506000 759740202

601991Datang International Power Generation

2009-6-30 0.110 0.099 4412760240 436863264

601998 Citic Bank 2009-7-29 0.085 0.077 2301932654 176719370

601999Liaoning Publishing &

Media2009-7-10 0.050 0.045 148000000 6660000

2010 Fact Book 174

Listed Companies

2010 Fact Book 175

Listed Companies

Name Changes of Listed Companies in 2009

Code New NameFormer Short

NameFormer Name

New

Short Name

Date of

Change

Date of

Announcement

600657

Beijing Tianqiao Beida Jade

Bird Sci-Tech

Co., Ltd.

Beijing TianqiaoCinda Real Estate

Co., Ltd.

Cinda Real

Estate2009-4-30 2009-4-25

600187Heilongjiang Black Dragon

Co. Ltd.

ST Black

Dragon

Heilongjiang

Interchina

Watertreatment

Co., Ltd.

ST Interchina 2009-5-5 2009-4-29

600084Suntime International

Economic-Trading Co., Ltd.ST Suntime

Citic Guoan Vine

CO., Ltd.ST Guoan Vine 2009-6-25 2009-6-23

600879

Long March Launch Vehicl

e Technology

Co., Ltd.

Long March

Launch Vehicle

China Aerospace

Times Electronics

Co., Ltd.

Aerospace

Times

Electronics

2009-10-30 2009-10-27

600546

China Petroleum Jilin

Chemical Engineering &

Construction Co., Ltd.

China Petroleum

Jilin Chemical

Engineering &

Construction

Shanxi Coal

International

Energy Group Co.,

Ltd.

Shanxi Coal

International2009-12-25 2009-12-22

600077

Liaoning Guoneng Group

(Holding)

Co., Ltd.

Guoneng Group

Liaoning Baike

Group (Holding)

Co., Ltd.

Baike Group 2009-2-27 2009-2-21

600661Shanghai Jiao Da Nan

Yang Co., Ltd.Jiaoda Nanyang

Shanghai Xin

Nanyang

Co., Ltd.

Xin Nanyang 2009-7-6 2009-6-30

600225Huatong Tianxiang Group

Co., Ltd.ST Tianxiang

Tianjin Songjiang

Co., Ltd.ST Songjiang 2009-11-26 2009-11-20

600613

Shanghai Wingsung Data

Technology

Co., Ltd.

Wingsung Data

Shanghai

Wingsung

Investment

Management Co.,

Ltd.

Wingsung

Investment2010-1-4 2009-12-29

600645Shanghai Met (Group)

CorporationST Met

Zhongyuan

Union Stem Cell

Bioengineering

Co., Ltd.

ST Union

(changed

further to ST

Zhongyuan

on March 19,

2009)

2009-2-16 2009-2-12

2010 Fact Book 176

Listed Companies

2010 Fact Book 177

Listed Companies

600320

Shanghai Zhenhua Port

Machinery

Co., Ltd.

Zhenhua Port

Machinery

Shanghai Zhenhua

Heavy Industries

Co., Ltd.

Zhenhua Heavy

Industries2009-5-22 2009-5-19

600139Mianyang Gao Xin Industrial

Development (Group) Inc.

Mianyang Gao

Xin Industrial

Sichuan Western

Resources Holding

Co., Ltd.

Western

Resources2009-6-4 2009-6-1

600223

Shandong Wanjie High-

Tech

Co., Ltd.

ST WanjieLushang Property

Co., Ltd.

ST Lushang

Property2009-7-8 2009-7-6

600687Zhejiang HSD Industrial

Co., Ltd.HSD

Zhejiang Gangtai

Holding (Group)

Co., Ltd.

Gangtai Holding 2009-7-21 2009-7-16

600612

China First Pencil Co., Ltd.

China First Pencil Shanghai

Laofengxiang Co.,

Ltd.

Laofengxiang

2009-8-10 2009-8-5900905

China First Pencil

BLaofengxiang B

600097Zhejiang Holley Technology

Co., Ltd.

Holley

Technology

Shanghai

Kaichuang Marine

International Co.,

Ltd. (changed

to Zhejiang

Kaichuang Marine

International Co.,

Ltd. on January

20, 2009)

Kaichuang

Marine

International

2009-2-6 2009-1-23

600683 Silvertie Holding Co., Ltd. Silvertie HoldingJingtou Yintai Co.,

Ltd.Jingtou Yintai 2009-7-20 2009-7-15

600568Hubei Qianjiang

Pharmaceutical Co., Ltd.ST Qianjiang

Zhongzhu Holding

Co., Ltd.

Zhongzhu

Holding2009-8-13 2009-8-15

600507Nanchang Changli Iron &

Steel Co., Ltd.

Changli Iron &

Steel

Fangda Special

Steel Technology

Co., Ltd.

Fangda Special

Steel2009-12-31 2009-12-29

600741

Shanghai Bashi Industrial

(Group)

Co., Ltd.

Bashi Industrial

Huayu Automotive

Systems

Co., Ltd.

Huayu

Automotive2009-6-5 2009-6-1

600259Hainan Xingye Polyester

Co., Ltd.ST Polyester

Rising Nonferrous

Metals Share Co.,

Ltd.

ST Nonferrous

Metals2009-2-6 2009-1-23

600241Liaoning Times Garments I/

E Inc.Liaoning Times

Liaoning Shidai

Wanheng

Co., Ltd.

Shidai Wanheng 2009-6-30 2009-6-26

2010 Fact Book 176

Listed Companies

2010 Fact Book 177

Listed Companies

600765Guizhou Liyuan Hydraulic

Co., Ltd.Liyuan Hydraulic

AVIC Heavy

Machinery

Co., Ltd.

AVIC Heavy

Machinery2009-7-22 2009-7-17

600257Hunan Dongting

Aquaculture Co., Ltd.

Dongting

Aquaculture

Dahu Aquaculture

Co., Ltd.

Dahu

Aquaculture2009-5-21 2009-5-16

600991Hunan Changfeng Motors

Co., Ltd.

Changfeng

Motors

GAC Changfeng

Motor Co., Ltd.GAC Changfeng 2009-12-30 2009-12-25

2010 Fact Book 178

Listed Companies

2010 Fact Book 179

Listed Companies

Changes of Stock Short Names in 2009

Code DateNew

Short NameFormer

Short Name

600076 2009-3-17 *ST Huaguang ST Huaguang

600077 2009-2-27 Baike Group Guoneng Group

600084 2009-6-25 ST Guoan Vine ST Suntime

600097 2009-2-6 Kaichuang Marine International Holley Technology

600139 2009-6-4 Western Resources Mianyang Gao Xin Industrial

600149 2009-10-28 *ST C&T ST C&T

600187 2009-5-5 ST Interchina ST Black Dragon

600187 2009-4-17 ST Black Dragon S*ST Black Dragon

600217 2009-8-26 *ST Qinling ST Qinling

600223 2009-7-8 ST Lushang Property ST Wanjie

600225 2009-10-28 ST Tianxiang S*ST Tianxiang

600225 2009-11-26 ST Songjiang ST Tianxiang

600234 2009-5-4 *ST Tianlong ST Tianlong

600241 2009-6-30 Shidai Wanheng Liaoning Times

600242 2009-1-5 ST Hualong S*ST Hualong

600257 2009-5-21 Dahu Aquaculture Dongting Aquaculture

600259 2009-1-19 ST Polyester S*ST Polyester

600259 2009-2-6 ST Nonferrous Metals ST Polyester

600275 2009-12-30 ST Wuchangyu *ST Wuchangyu

600285 2009-9-10 Lingrui Pharmaceutical Lingrui Pharmaceutical Co.

600313 2009-4-21 *ST Zhongken Agricultural ST Zhongken Agricultural

600320 2009-5-22 Zhenhua Heavy Industries Zhenhua Port Machinery

600419 2009-5-19 ST Tianhong *ST Tianhong

600421 2009-5-4 *ST National Medicines ST National Medicines

600507 2009-12-31 Fangda Special Steel Changli Iron & Steel

600546 2009-12-25 Shanxi Coal InternationalChina Petroleum Jilin Chemical Engineering

& Construction

600604 2009-12-31 ST Erfangji *ST Erfangji

600612 2009-8-10 Laofengxiang China First Pencil

600645 2009-3-19 ST Zhongyuan ST Union

600645 2009-2-16 S ST Union ST Met

600657 2009-4-30 Cinda Real Estate Beijing Tianqiao

600661 2009-7-6 Xin Nanyang Jiaoda Nanyang

2010 Fact Book 178

Listed Companies

2010 Fact Book 179

Listed Companies

600683 2009-7-20 Jingtou Yintai Silvertie Holding

600687 2009-7-21 Gangtai Holding HSD

600728 2009-3-17 S*ST Suntek SST Suntek

600741 2009-6-5 Huayu Automotive Bashi Industrial

600751 2009-8-27 SST Tianjin Marine S*ST Tianjin Marine

600765 2009-7-22 AVIC Heavy Machinery Liyuan Hydraulic

600773 2009-3-4 *ST Along ST Along

600792 2009-3-20 ST Malong *ST Malong

600793 2009-8-19 ST Yibin Paper *ST Yibin Paper

600800 2009-3-4 ST Magnetic Card SST Magnetic Card

600817 2009-5-4 *ST Hongsheng ST Hongsheng

600854 2009-11-13 ST Chunlan *ST Chunlan

600868 2009-5-19 ST Meiyan *ST Meiyan

600876 2009-5-20 ST Luoyang Glass *ST Luoyang Glass

600879 2009-10-30 Aerospace Times Electronics Long March Launch Vehicle

600890 2009-4-21 *ST CRED ST CRED

600892 2009-2-27 *ST Huda Technology Development S*ST Huda Technology Development

600892 2009-12-30 ST Huda Technology *ST Huda Technology Development

600991 2009-12-30 GAC Changfeng Changfeng Motors

900902 2009-12-31 ST Erfangjib *ST Erfangjib

900905 2009-8-10 Laofengxiang B China First Pencil B

900938 2009-8-27 ST Tianjin Marine Shipping B *ST Tianjin Marine Shipping B

2010 Fact Book 180

Listed Companies

2010 Fact Book 181

Listed Companies

Companies Subject to Delisting Risk Warnings in 2009

Code Short NameDate of

Announcement

Date of Trade

Suspension

Commencement Date

A-share Short Name after Imposition of Delisting Risk Warnings

600591 Shanghai Airlines 2009-3-25 2009-3-25 2009-3-26 *ST Shanghai Airlines

600701Harbin Gong Da High-

Tech2009-4-24 2009-4-24 2009-4-27

*ST Habin Gongda High-Tech

600313ST Zhongken Agricultural

2009-4-20 2009-4-20 2009-4-21 *ST Zhongken Agricultural

600890 ST CRED 2009-4-20 2009-4-20 2009-4-21 *ST CRED

600185 Seastar Modern-Tech 2009-4-30 2009-4-30 2009-5-4 *ST Gree Real Estate

600076 ST Huaguang 2009-3-16 2009-3-16 2009-3-17 *ST Huaguang

600728 SST Suntek 2009-3-16 2009-3-16 2009-3-17 S*ST Suntek

600898 Sanlian Commercial 2009-4-29 2009-4-29 2009-4-30 *ST Sanlian Commercial

600234 ST Tianlong 2009-4-30 2009-4-30 2009-5-4 *ST Tianlong

600817 ST Hongsheng 2009-4-30 2009-4-30 2009-5-4 *ST Hongsheng

600149 ST C&T 2009-10-272009-10-

272009-10-28 *ST C&T

600773 ST Along 2009-3-3 2009-3-3 2009-3-4 *ST Along

600633 Whitecat 2009-3-23 2009-3-23 2009-3-24 *ST Whitecat

600253Henan Topfond Pharmaceutical

2009-4-14 2009-4-14 2009-4-15*ST Henan Topfond

Pharmaceutical

600727 Lubei Chemical 2009-4-30 2009-4-30 2009-5-4 *ST Lubei Chemical

600421 ST National Medicines 2009-4-30 2009-5-4 *ST National Medicines

600340King Refrigeration

Industry2009-4-30 2009-4-30 2009-5-4

*ST King Refrigeration Industry

600887 Yili Industrial 2009-4-30 2009-4-30 2009-5-4 *ST Yili Industrial

600217 ST Qinling 2009-8-25 2009-8-25 2009-8-26 *ST Qinling

600506 Korla Pear 2009-3-12 2009-3-12 2009-3-13 *ST Korla Pear

600130 Ningbo Bird 2009-4-28 2009-4-28 2009-4-29 *ST Ningbo Bird

2010 Fact Book 180

Listed Companies

2010 Fact Book 181

Listed Companies

Companies Subject to Other Kind of Special Treatment in 2009

Code Short NameB-share

Code

B-share Short

Name

Date of

Announcement

Date of Trade

Suspension

Commencement

Date

A-share Short Name

after Special Treatment

B-share Short

Name after Special

Treatment

600617 Lianhua Fibre 900913 Lian Hua B 2009-4-29 2009-4-29 2009-4-30 ST Lianhua ST Lian Hua B

600149 C&T 2009-8-26 2009-8-26 2009-8-27 ST C&T

600115China Eastern

Airlines2009-4-16 2009-4-16 2009-4-17

ST China Eastern

Airlines

600678Emeishan Special

Cement2009-6-29 2009-6-29 2009-6-30 ST Golden Summit

Companies Suspended from Listing in 2009Code Short Name Date of Announcement Commencement Date

600870 *ST Xiamen Overseas 2009-5-20 2009-5-27

600556 *ST Beisheng 2009-5-21 2009-5-27

600401 *ST Shenlong 2009-3-26 2009-4-2

600372 *ST Changhe 2009-5-4 2009-5-11

600057 *ST Amoi 2009-5-19 2009-5-27

Companies Delisted in 2009Code Short Name Announcement Date Delisting Date

600357 Chengde Vanadium and Titanium 2009-12-26 2009-12-29

600001 Handan Iron & Steel 2009-12-26 2009-12-29

600840 Xinhu Venture Investment 2009-8-25 2009-8-27

Companies Whose Listings Were Restored in 2009Code Short Name Announcement Date

Listing Resumption Date

Short Name after Listing Resumption

600259 S*ST Polyester 2009-1-12 2009-1-19 ST Polyester

600225 S*ST Tianxiang 2009-10-22 2009-10-28 ST Tianxiang

600187 S*ST Black Dragon 2009-4-14 2009-4-17 ST Black Dragon

600854 *ST Chunlan 2009-11-9 2009-11-13 ST Chunlan

2010 Fact Book 182

Listed Companies

2010 Fact Book 183

Listed Companies

Companies Lifted from Special Treatment in 2009

(1) Lifting of Special Treatment

Code Short NameShort Name after Lifting

of Special TreatmentCommencement Date Remarks Announcement Date

600139 ST Mianyang Mianyang Gao Xin Industrial 2009-5-20 2009-5-19

600198 ST Datang Datang Telecom 2009-6-5 2009-6-4

600568 ST Qianjiang Zhongzhu Holding 2009-8-27Company name was changed to Zhongzhu

Holding Co., Ltd.2009-8-26

600466 ST DikangDikang Sci & Tech

Pharmaceutical Industry2009-3-19 2009-3-18

600657 ST Tianqiao Beijing Tianqiao 2009-4-10 2009-4-9

600136 ST Double Wuhan Double 2009-8-19 2009-8-18

600703 ST San’an Sanan Optoelectronics 2009-1-23 2009-1-22

600248ST Petroleum

Chemical Engineering

Yanchang Petroleum Chemical

2009-4-10 2009-4-9

600745 ST Tianhua Join In 2009-4-22 2009-4-21

600734 ST Start Start Group 2009-5-21 2009-5-20

600743ST Huayuan

PropertyHuayuan Property 2009-3-26 2009-3-25

(2) Lifting of Delisting Risk Warning

Code Short NameShort Name after Lifting of Delisting Risk Warning

Commencement Date Remarks Announcement Date

600369*ST Changjiang River

Water TransportSouthwest Securities 2009-2-26 2009-2-25

900953 *ST Kama B Kama B 2009-7-2 2009-7-1

600212 *ST Jiangquan Jiangquan Industry 2009-7-3 2009-7-2

600329 *ST Zhongxin Zhongxin Pharmaceutical 2009-4-24 2009-4-23

2010 Fact Book 182

Listed Companies

2010 Fact Book 183

Listed Companies

Convertible Bonds Issued by Listed Companies in 2009

Stock Short Name Zhejiang Longsheng WangfujingXiamen Engineering

Machinery

Bond Subscription Short Name

Longsheng WangfujingXiamen Engineering

Machinery

Subscription Code 733352 733859 733815

Issuance Method Online Fixed Price Online Fixed Price Online Fixed Price

Issuance Size 125,000 (RMB 10,000) 82,100 (RMB 10,000) 60,000 (RMB 10,000)

Quotation Unit RMB 100 RMB 100 RMB 100

Trading UnitLot (one

lot is equivalent to RMB 1,000 par value)

Lot (onelot is equivalent to RMB 1,000

par value)

Lot (onelot is equivalent to RMB

1,000 par value)

Cap on Subscription 625,000 821,000 600,000

Issuance Date 2009-9-14 2009-10-19 2009-8-28

Listing Code 110006.SH 110008.SH 110004.SH

Listing Short Name Longsheng WangfujingXiamen Engineering

Machinery

Listing Date 2009-9-25 2009-10-30 2009-9-11

Convertible Bonds with Detachable Warrants Issued by Listed Companies in 2009

No. 1

Stock Short Name Sichuan Changhong

Corporate Bond Code 126019

Corporate Bond Short Name 09 Changhon

Convertible Bond Code 126019

Convertible Bond Short Name 09 Changhong

Warrant Code 580027

Warrant Short Name Changhong CWB1

Number of Warrants 573 million

Issuance Method Online Fixed Price

ssuance Date 2009-7-31

Listing Date 2009-8-19

2010 Fact Book 185


Listed Warrants


Listed Warrants

Listed Warrants in 2009

CodeShort

Name

Category

(call/put)

Exercise Style

(European style /

American style)

Year-end

Exercise

Price

(RMB)

Proportion

of Year-end

Exercise

Listing Date Expiry DateYear-end

Balance (RMB)

580012Yuntianhua

CWB1Call European style 17.83 1.00 2007-3-8 2009-3-7 4625382

580013Wuhan Steel


580014

Shenzhen

Expressway

CWB1

Call European style 13.23 1.00 2007-10-30 2009-10-29 107938769

580016SAIC Motor


580017 Ganyue CWB1 Call European style 10.04 2.00 2008-2-28 2010-2-27 56398268

580018 Cosco CWB1 Call European style 19.26 1.01 2008-2-26 2009-8-25 51429680

580019Petroleum and

Chemical CWB1Call European style 19.15 .50 2008-3-4 2010-3-3 3030000000

580020

Shanghai

International

Port CWB1

Call European style 8.28 1.00 2008-3-7 2009-3-6 291455877

580021Tsingtao

Brewery CWB1Call European style 27.82 .50 2008-4-18 2009-10-19 60068268

580022 GD CWB1 Call European style 7.47 1.00 2008-5-22 2010-5-21 427465000

580023 Kangmei CWB1 Call European style 5.36 1.00 2008-5-26 2009-5-25 20009982

580024Baoshan Steel

CWB1Call European style 12.16 .50 2008-7-4 2010-7-3 1600000000

580025Gezhouba


580026Jiangxi Copper


580027Changhong

WB1Call European style 5.23 1.00 2009-8-19 2011-8-18 573000000

2010 Fact Book 188

Listed Warrants

2010 Fact Book 189

Listed Warrants in 2009 (continued)

CodeShort Name

Opening (RMB)

High (RMB)

Low (RMB)

Closing (RMB)

Turnover (RMB 10,000)

Trading Volume (10,000 shares)

Annual TurnoverRate (%)

580012Yuntianhua

CWB113.80 17.70 8.50 9.05 6309416.02 511587.05 9473.8345

580013Wuhan Steel

CWB12.03 3.47 0.00 0.00 26360087.18 13307570.04 18292.1923

580014Shenzhen

ExpresswayCWB1

3.06 4.56 0.01 0.02 11083845.05 3680495.88 34078.6655

580016SAIC Motor

CWB12.80 5.72 0.10 0.11 33963424.57 8964032.65 39523.9535

580017 Ganyue CWB1 3.80 8.65 3.78 6.66 15292942.64 2415300.33 42302.3695

580018 Cosco CWB1 4.53 7.95 0.83 0.96 11452035.70 1840784.38 35778.1214

580019Petroleum

and Chemical CWB1

1.49 2.21 1.44 1.51 70553737.53 40908823.86 13501.2616

580020Shanghai

International Port CWB1

1.58 2.84 0.02 0.02 5507347.10 3879317.36 13305.8385

580021Tsingtao

Brewery CWB13.66 6.58 0.71 0.75 18424210.06 3860731.41 36768.8703

580022 GD CWB1 2.33 4.07 2.30 2.96 21999247.05 7095369.04 16598.7126

580023Kangmei CWB1

2.43 5.33 2.43 2.67 13543502.65 3786505.58 22741.7754

580024Baoshan Steel

CWB11.26 2.23 1.25 1.56 45956739.33 28510580.96 17819.1124

580025Gezhouba

CWB12.46 4.58 2.08 2.10 27477707.28 8464436.53 28062.3163

580026Jiangxi Copper

CWB11.42 6.98 1.37 5.24 167430541.32 46131787.79 26193.3842

580027Changhong

WB12.08 3.48 2.08 3.06 14718863.36 4849785.65 8463.8491

2010 Fact Book 188

Listed Warrants

2010 Fact Book 189


Bond Market


Bond Market

Bond Market

Overview

In the year 2009, SSE bond market continued to maintain sustained and sound development amid complicated domestic and international economic environments with remarkable progress made both in market size and market regulation.

By the end of 2009, there were 354 spot bonds listed on SSE, 155 more than the previous year. Throughout the whole year, the Ministry of Finance issued 77 T-bonds at stock exchanges (cross-market) and 50 local government bonds. There were 84 new corporate bonds (including 60 corporate bonds issued with the approval of the National Development and Reform Commission) listed on SSE in 2009. As at December 31, 2009, there were 110 T-bonds traded on SSE with RMB 202.92 billion under custody, 165 corporate bonds with RMB 138.82 billion under custody, 9 convertible bonds with RMB 7.735 billion under custody, 18 convertible bonds with detachable warrants with RMB 86.165 billion under custody, and 2 asset securitization products with RMB 1.97 billion under custody. Various bonds under custody combined to reach RMB 437.6 billion, an increase of RMB 28.8 billion over the previous year.

On the secondary market, SSE T-bond Index fluctuated in a narrow range due to stable monetary policy and low interest rate fluctuations in 2009, with a yearly low of 119.62 points and a yearly high of 122.94 points. In the year, SSE recorded a turnover of RMB 216.3 billion in T-bond spot, RMB 80.2 billion in corporate bond spot, RMB 41.8 billion in convertible bond spot, RMB 60.2 billion in convertible bonds with detachable warrants, and RMB 3,547.6 billion in bond repo. Throughout the year, the total turnover of various bonds at SSE amounted to RMB 3,946.3 billion, a rise of RMB 1,025.8 billion year on year.

In 2009, SSE continued its efforts to regulate the development of the bond market. In order to meet the development needs of corporate bond market and prevent the spreading of risk associated with low-rated bonds to individual investors, SSE formulated the standards for differentiated management of corporate bonds and in early November, it issued the Rules of Shanghai Stock Exchange on Listing of Corporate Bonds which specified the differentiated approach to the listing and trading of corporate bonds.

As at the end of 2009, 165 corporate bonds, 69 T-bonds and 18 convertible bonds with detachable warrants were listed on the SSE Integrated Electronic Platform for Fixed-income Securities. The total trading value of various bonds on the electronic platform was RMB 108.5 billion for the whole year with an average daily trading value of RMB 400 million.

T-bond Listing Criteria

T-bonds are exempt from approval procedures for listing on SSE. China Government Securities Depository Trust & Clearing Co. Ltd. (CGSDTC) provides a centralized custody system for T-bond trading.

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Bond Market

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Bond Market

Corporate Bond Listing Criteria

An issuer that applies for the listing of its corporate bonds shall meet the following conditions:

1.The bonds have been issued with the approval of the competent authority;

2.The maturity of the bonds is more than one year;

3.The amount of the bonds actually issued is not less than RMB 50 million;

4.The bonds have a good credit rating as rated by a credit rating agency;

5.the issuer still meets the statutory criteria for corporate bond issuance when it applies for listing the bonds; and

6.Other conditions as recognized by SSE.

Application for Corporate Bond Listing

1.An issuer that applies for the listing of its corporate bonds shall submit the following documents to the Exchange:(1)Application for listing of corporate bonds; (2)Approval document issued by the competent authority;(3)Resolution approving the listing of corporate bonds;(4)Letter of Bond Listing Recommendation;(5)Articles of Association of the company;(6)Business License of the company;(7)Bond prospectus, issuance announcement, and a summary report on the issuance; (8)Credit rating report on the bonds and description of follow-up rating arrangement;(9)Documentary proof of the amount actually raised from the bond issuance;(10) Listing announcement;(11) Audit report for the past three full financial years issued by an accounting firm qualified for practice in securities

business; (12) Credit information on the guarantor and the guaranty agreement (if any);(13) Statement whether it has ever violated any laws or regulations during the past three years;(14) Roster of bondholders and information on the custody of the bonds; and(15) Other documents as required by SSE.Any listed company that has issued corporate bonds with the approval of the CSRC may be exempt from submitting

the documents set forth in (5), (11) and (13).2.The issuer that applies for the listing of bonds shall guarantee that the contents of the documents it submits to

SSE are truthful, accurate and complete and free from any falsehoods, misleading statements and major omissions.3.SSE adopts a listing recommender system for the listing of bonds. Any application for the listing of bonds on SSE

shall be recommended by one to two institutions recognized by SSE with the issuance of a listing recommendation letter. 4.A listing recommender shall meet the following criteria:(1)It is a member of SSE or any other institution recognized by SSE;(2)It has not seriously violated any laws or regulations in the past one year;(3)The major personnel specifically responsible for the recommendation shall be familiar with the Constitution and

relevant rules of SSE; and(4)Other conditions as required by SSE.

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Bond Market

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Bond Market

5.A listing recommender shall fulfill the following obligations:(1)To confirm that the bond issuer meets listing criteria; (2)To ensure that the directors and senior officers of the bond issuer are aware of the nature of their responsibilities

and undertake the responsibilities enumerated in the listing rules of SSE and the listing agreement; (3)To assist the bond issuer in the application for bond listing;(4)To submit listing recommendation letter to SSE;(5)To ensure that the listing documents are truthful, accurate and complete, and meet relevant requirements, and that

information contained in the documents have been verified;(6)To assist the bond issuer and SSE in the arrangement of bond listing; and(7)Other obligations that must be fulfilled by the listing recommender as prescribed by SSE.6.A listing recommender shall ensure that the listing application documents, listing announcement, and other relevant

promotional materials of the issuer are free from any falsehoods, misleading statements and major omissions and shall be jointly liable therefor.

7.A listing recommender may not conduct any insider trading by making use of the insider information it obtains in the course of making listing recommendation for the purpose of seeking interests for itself or for any other party.

8.In case of any breach of the aforesaid provisions by the listing recommender, SSE will mete out punishments according to the relevant laws and regulations.

Approval of Corporate Bond Listing

1.The listing committee established by SSE reviews the bond listing application, makes professional judgment and issues its opinion. SSE will make its decision on approval or disapproval of the listing application according to the opinion of the listing committee.

2.Without the approval of SSE, the bond issuer shall not disclose the relevant information after filing a listing application an before its bonds are approved for listing.

3.Before the bonds are listed, the issuer and the listing recommender shall put the bonds under the custody of a custodian institution designated by SSE and submit the roster of bondholders to the said custodian institution after verification. The issuer and the listing recommender shall be fully liable for the accuracy of such roster.

4.Before the bonds are listed, the issuer shall publish a bond listing announcement in the newspapers designated by the CSRC or/and on the website of SSE, and make the listing announcement, approval document as well as relevant listing application documents available at the designated place for public inspection.

5.Before the bonds are listed, the issuer shall enter into a listing agreement with SSE.

The listing criteria, listing process and listing application for the bonds issued with the approval of the State Development and Reform Commission shall be governed, mutatis mutandis, by the relevant provisions on corporate bonds.

Criteria for Public Issuance of Convertible Bonds by Listed Companies

To issue convertible bonds publicly to non-specific investors, listed companies shall, apart from meeting the general

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Bond Market

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Bond Market

criteria, meet the following requirements:1.Its weighted average rate of return on equity for the past 3 financial years is not less than 6%. The net profit after

deducting non-recurrent profit and loss, and the net profit before such reduction, whichever is lower, is taken as the basis for calculating the weighted average rate of return on equity;

2.The cumulative balance of bonds outstanding after the bond issuance shall not exceed 40% of its net asset value at the end of the latest term;

3.The average distributable profit over the past three years is not less than one year’s interest payment on the bonds;

4.Convertible bonds shall have a maturity ranging from 1 year to 6 years; each of the convertible bonds shall have a par value of RMB 100; the coupon rate on the convertible bonds shall be determined by the issuer and the lead underwriter through negotiation in compliance with relevant regulations of the State;

5.The listed company shall appoint a qualified credit rating agency for credit rating and follow-up rating; the credit rating agency shall release its follow-up rating report at least once each year;

6.The listed company shall repay the principal of the balance of bonds outstanding and the interest thereon within five business days after maturity of convertible bonds.

7.The listed company shall specify the method of protecting the rights of bondholders, the power and procedures of the bondholders’ meetings and the conditions for resolutions to take effect;

8.The listed company shall provide guaranty for the bonds, except for the listed company with its audited net asset value at the end of the latest term not less than RMB 1.5 billion;

9.Convertible bonds can be converted into shares six months after the end of the bond issuance and the conversion period shall be determined by the company based on the duration of the corporate bonds and its financial position.

10.The conversion price shall not be less than the average share price of the listed company over the 20 trading days prior to the announcement of the bond prospectus and the average price of the previous trading day; and

11.The bond prospectus shall prescribe that the listed company shall grant a one-time sell-back right to bondholders if it intends to change the use of proceeds stated in the announcement.

Issuance of Convertible Bonds with Detachable Share Warrants by Listed Companies

Public issuance of convertible bonds with detachable share warrants to non-specific investors by listed companies shall, apart from meeting the general criteria, meet the following requirements:

1.The company’s audited net assets at the end of the latest term are not less than RMB 1.5 billion;2.The average distributable profit over the past 3 years shall be not less than one year’s interest payment on the

bonds;3.The average net cash flow generated from the company’s business operations for the past 3 financial years is

not less than one year’s interest payment on the bonds, except for the listed company with its weighted average rate of return on equity for the past 3 financial years is averagely not less than 6%;

4.The cumulative balance of bonds outstanding after the bond issuance shall not exceed 40% of its net asset value at the end of the latest term, and the estimated total amount to be raised from exercise of all the attached warrants would not exceed the proceeds from the proposed bond sale;

5.The convertible bonds with detachable share warrants shall have a maturity of at least 1 year;

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Bond Market

6.The convertible bonds with detachable share warrants shall be listed on the stock exchange where the shares of the company are listed. If both the corporate bonds and share warrants meet listing criteria of the stock exchange, they shall be listed separately.

7.The exercise price of the share warrants shall not be less than the average share price of the listed company over the 20 trading days prior to the announcement of the bond prospectus and the average price of the previous trading day;

8.The duration of the share warrants shall not exceed that of the corporate bonds and shall not be less than 6 months since the completion of the issuance.

9.The prospectus for the issuance of convertible bonds with detachable share warrants shall prescribe that the listed company shall grant a one-time sell-back right to bondholders if it intends to change the use of proceeds stated in the announcement.

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Bond Market

Summary of T-bonds in 2009

CodeShort

Name

Issuance

Method

Value

( RMB100 million)Dated Date Listing Date

Date of

Maturity

Term

(year)

Coupon

Rate(%)

009908 99 T-bond ⑻Book

Entry200.0000 1999-9-23 1999-10-13 2009-9-23 10.00 3.3000

010004 20 T-bond ⑷Book

Entry140.0000 2000-5-23 2000-6-2 2010-5-23 10.00 4.7600

010107 21 T-bond ⑺Book

Entry239.6000 2001-7-31 2001-8-20 2021-7-31 20.00 4.2600

010110 21 T-bond ⑽Book

Entry200.0000 2001-9-25 2001-10-11 2011-9-25 10.00 2.9500

010112 21 T-bond ⑿Book

Entry200.0000 2001-10-30 2001-11-13 2011-10-30 10.00 3.0500

010203 02 T-bond ⑶Book

Entry200.0000 2002-4-18 2002-4-29 2012-4-18 10.00 2.5400


Entry200.0000 2002-8-16 2002-9-2 2009-8-16 7.00 2.3900

010213 02 T-bond ⒀Book

Entry240.0000 2002-9-20 2002-10-9 2017-9-20 15.00 2.6000

010215 02 T-bond ⒂Book

Entry600.0000 2002-12-6 2002-12-16 2009-12-6 7.00 2.9300

010301 03 T-bond ⑴Book

Entry191.5500 2003-2-19 2003-2-26 2010-2-19 7.00 2.6600


Entry260.0000 2003-4-17 2003-4-25 2023-4-17 20.00 3.4000


Entry460.0000 2003-8-20 2003-9-1 2010-8-20 7.00 2.6600


Entry163.8000 2003-9-17 2003-9-25 2013-9-17 10.00 3.0200

010311 03 T-bond ⑾Book

Entry360.0000 2003-11-19 2003-12-2 2010-11-19 7.00 3.5000


Entry304.6000 2004-4-20 2004-4-30 2009-4-20 5.00 4.4200


Entry367.5000 2004-5-25 2004-6-7 2011-5-25 7.00 4.8900


Entry312.9000 2004-8-25 2004-9-6 2011-8-25 7.00 4.7100


Entry336.1000 2004-10-20 2004-11-1 2009-10-20 5.00 4.3000

2010 Fact Book 196

Bond Market

2010 Fact Book 197

Bond Market


Entry359.1000 2004-11-25 2004-12-6 2011-11-25 7.00 4.8600


Entry300.0000 2005-2-28 2005-3-11 2015-2-28 10.00 4.4400


Entry333.9000 2005-4-26 2005-5-10 2010-4-26 5.00 3.3000


Entry339.2000 2005-5-15 2005-5-25 2025-5-15 20.00 4.1100

010505 05 T-bond ⑸Book

Entry337.8000 2005-5-25 2005-6-3 2012-5-25 7.00 3.3700

010509 05 T-bond ⑼Book

Entry319.4000 2005-8-25 2005-9-5 2012-8-25 7.00 2.8300

010511 05 T-bond ⑾Book

Entry333.5000 2005-10-20 2005-10-31 2010-10-20 5.00 2.1400


Entry344.1000 2005-11-15 2005-11-24 2020-11-15 15.00 3.6500


Entry328.4000 2005-11-25 2005-12-6 2012-11-25 7.00 3.0100


Entry330.0000 2006-2-27 2006-3-8 2013-2-27 7.00 2.5100


Entry340.0000 2006-3-27 2006-4-5 2016-3-27 10.00 2.8000


Entry309.6000 2006-4-17 2006-4-26 2009-4-17 3.00 2.1200

010605 06 T-bond ⑸Book

Entry308.0000 2006-5-16 2006-5-25 2011-5-16 5.00 2.4000

010606 06 T-bond ⑹Book

Entry305.6000 2006-5-25 2006-6-5 2013-5-25 7.00 2.6200

010609 06 T-bond ⑼Book

Entry310.9000 2006-6-26 2006-7-5 2026-6-26 20.00 3.7000


Entry319.8000 2006-7-17 2006-7-26 2009-7-17 3.00 2.3400


Entry300.0000 2006-8-15 2006-8-24 2011-8-15 5.00 2.7200


Entry331.0000 2006-8-31 2006-9-11 2013-8-31 7.00 2.8900

010616 06 T-bond ⒃Book

Entry300.0000 2006-9-26 2006-10-9 2016-9-26 10.00 2.9200

010617 06 T-bond ⒄Book

Entry310.6000 2006-10-16 2006-10-25 2009-10-16 3.00 2.2900

2010 Fact Book 198

Bond Market

2010 Fact Book 199

Bond Market

010618 06 T-bond ⒅Book

Entry300.0000 2006-10-25 2006-11-3 2011-10-25 5.00 2.4800

010619 06 T-bond ⒆Book

Entry300.0000 2006-11-15 2006-11-23 2021-11-15 15.00 3.2700

010620 06 T-bond ⒇Book

Entry345.9000 2006-11-27 2006-12-6 2013-11-27 7.00 2.9100

010701 07 T-bond (01)Book

Entry300.0000 2007-2-6 2007-2-15 2014-2-6 7.00 2.9300

010703 07 T-bond (03)Book

Entry300.0000 2007-3-22 2007-4-2 2017-3-22 10.00 3.4000

010704 07 T-bond (04)Book

Entry306.0000 2007-4-16 2007-4-25 2010-4-16 3.00 2.7700

010705 07 T-bond (05)Book

Entry300.0000 2007-4-23 2007-4-30 2012-4-23 5.00 3.1800

010706 07 T-bond (06)Book

Entry300.0000 2007-5-17 2007-5-28 2037-5-17 30.00 4.2700

010707 07 T-bond (07)Book

Entry337.8000 2007-5-24 2007-6-4 2014-5-24 7.00 3.7400

010710 07 T-bond (10)Book

Entry350.7000 2007-6-25 2007-7-4 2017-6-25 10.00 4.4000

010713 07 T-bond (13)Book

Entry280.0000 2007-8-16 2007-8-24 2027-8-16 20.00 4.5200

019711 07 T-bond (11)Book

Entry679.6000 2007-7-16 2007-7-25 2010-7-16 3.00 3.5300

019714 07 T-bond (14)Book

Entry326.9000 2007-8-23 2007-8-31 2014-8-23 7.00 3.9000

019717 07 T-bond (17)Book

Entry280.0000 2007-10-22 2007-10-29 2012-10-22 5.00 4.0000

019718 07 T-bond (18)Book

Entry324.7000 2007-11-26 2007-12-5 2014-11-26 7.00 4.3500

019801 08 T-bond (01)Book

Entry289.7000 2008-2-13 2008-2-21 2015-2-13 7.00 3.9500

019802 08 T-bond (02)Book

Entry280.0000 2008-2-28 2008-3-6 2023-2-28 15.00 4.1600

019803 08 T-bond (03)Book

Entry279.4000 2008-3-20 2008-3-28 2018-3-20 10.00 4.0700

019804 08 T-bond (04)Book

Entry260.0000 2008-4-14 2008-4-21 2011-4-14 3.00 3.5600

019805 08 T-bond (05)Book

Entry280.0000 2008-4-21 2008-4-28 2013-4-21 5.00 3.6900

2010 Fact Book 198

Bond Market

2010 Fact Book 199

Bond Market

019806 08 T-bond (06)Book

Entry280.0000 2008-5-8 2008-5-16 2038-5-8 30.00 4.5000

019807 08 T-bond (07)Book

Entry271.5000 2008-5-19 2008-5-26 2015-5-19 7.00 4.0100

019809 08 T-bond (09)Book

Entry271.1000 2008-6-10 2008-6-16 2009-6-10 1.00 3.4200

019810 08 T-bond (10)Book

Entry266.5000 2008-6-23 2008-7-1 2018-6-23 10.00 4.4100

019811 08 T-bond (11)Book

Entry245.9000 2008-7-14 2008-7-21 2011-7-14 3.00 3.9200

019812 08 T-bond (12)Book

Entry260.0000 2008-7-24 2008-7-30 2009-1-24 .50 0.0000

019813 08 T-bond (13)Book

Entry240.0000 2008-8-11 2008-8-18 2028-8-11 20.00 4.9400

019814 08 T-bond (14)Book

Entry266.0000 2008-8-18 2008-8-25 2015-8-18 7.00 4.2300

019816 08 T-bond (16)Book

Entry259.9000 2008-9-8 2008-9-12 2009-9-8 1.00 3.3400

019817 08 T-bond (17)Book

Entry260.0000 2008-9-16 2008-9-22 2013-9-16 5.00 3.6900

019818 08 T-bond (18)Book

Entry243.6000 2008-9-22 2008-9-26 2018-9-22 10.00 3.6800

019819 08 T-bond (19)Book

Entry233.8000 2008-10-13 2008-10-17 2011-10-13 3.00 2.6400

019820 08 T-bond (20)Book

Entry240.0000 2008-10-23 2008-10-31 2038-10-23 30.00 3.9100

019821 08 T-bond (21)Book

Entry240.0000 2008-11-13 2008-11-19 2009-2-13 .25 0.0000

019822 08 T-bond (22)Book

Entry225.0000 2008-11-24 2008-11-28 2015-11-24 7.00 2.7100

019823 08 T-bond (23)Book

Entry240.0000 2008-11-27 2008-12-4 2023-11-27 15.00 3.6200

019824 08 T-bond (24)Book

Entry238.2000 2008-12-8 2008-12-12 2009-12-8 1.00 1.2800

019825 08 T-bond (25)Book

Entry253.7000 2008-12-15 2008-12-19 2018-12-15 10.00 2.9000

019826 08 T-bond (26)Book

Entry260.0000 2008-12-18 2008-12-24 2013-12-18 5.00 1.7700

019901 09 T-bond (01)Book

Entry269.3000 2009-2-12 2009-2-18 2016-2-12 7.00 2.7600

2010 Fact Book 200

Bond Market

2010 Fact Book 201

Bond Market

019902 09 T-bond (02)Book

Entry220.0000 2009-2-19 2009-2-25 2029-2-19 20.00 3.8600

019903 09 T-bond (03)Book

Entry260.0000 2009-3-12 2009-3-18 2019-3-12 10.00 3.0500

019904 09 T-bond (04)Book

Entry564.3000 2009-4-2 2009-4-9 2014-4-2 5.00 2.2900

019905 09 T-bond (05)Book

Entry220.0000 2009-4-9 2009-4-16 2039-4-9 30.00 4.0200

019906 09 T-bond (06)Book

Entry252.1000 2009-4-16 2009-4-22 2016-4-16 7.00 2.8200

019907 09 T-bond (07)Book

Entry277.6000 2009-5-7 2009-5-13 2019-5-7 10.00 3.0200

019908 09 T-bond (08)Book

Entry285.9000 2009-5-14 2009-5-20 2010-5-14 1.00 0.8900

019909 09 T-bond (09)Book

Entry273.0000 2009-5-21 2009-5-27 2012-5-21 3.00 1.5500

019910 09 T-bond (10)Book

Entry295.0000 2009-6-4 2009-6-10 2014-6-4 5.00 2.2600

019911 09 T-bond (11)Book

Entry280.0000 2009-6-11 2009-6-17 2024-6-11 15.00 3.6900

019912 09 T-bond (12)Book

Entry282.7000 2009-6-18 2009-6-24 2019-6-18 10.00 3.0900

019913 09 T-bond (13)Book

Entry280.0000 2009-6-25 2009-7-1 2016-6-25 7.00 2.8200

019914 09 T-bond (14)Book

Entry275.2000 2009-7-9 2009-7-15 2010-7-9 1.00 1.0600

019915 09 T-bond (15)Book

Entry280.0000 2009-7-16 2009-7-22 2012-7-16 3.00 2.2200

019916 09 T-bond (16)Book

Entry283.0000 2009-7-23 2009-7-29 2019-7-23 10.00 3.4800

019917 09 T-bond (17)Book

Entry260.0000 2009-7-30 2009-8-5 2016-7-30 7.00 3.1500

019918 09 T-bond (18)Book

Entry275.8000 2009-8-6 2009-8-12 2014-8-6 5.00 2.9700

019919 09 T-bond (19)Book

Entry267.3000 2009-8-20 2009-8-26 2016-8-20 7.00 3.1700

019920 09 T-bond (20)Book

Entry260.0000 2009-8-27 2009-9-2 2029-8-27 20.00 4.0000

019921 09 T-bond (21)Book

Entry285.4000 2009-9-3 2009-9-9 2010-9-3 1.00 1.4600

2010 Fact Book 200

Bond Market

2010 Fact Book 201

Bond Market

019922 09 T-bond (22)Book

Entry268.6000 2009-9-10 2009-9-16 2012-9-10 3.00 2.1800

019923 09 T-bond (23)Book

Entry266.4000 2009-9-17 2009-9-23 2019-9-17 10.00 3.4400

019924 09 T-bond (24)Book

Entry268.0000 2009-9-24 2009-9-30 2014-9-24 5.00 2.9000

019925 09 T-bond (25)Book

Entry240.0000 2009-10-15 2009-10-21 2039-10-15 30.00 4.1800

019926 09 T-bond (26)Book

Entry274.9000 2009-10-22 2009-10-28 2016-10-22 7.00 3.4000

019927 09 T-bond (27)Book

Entry272.4000 2009-11-5 2009-11-11 2019-11-5 10.00 3.6800

019928 09 T-bond (28)Book

Entry273.4000 2009-11-12 2009-11-18 2010-11-12 1.00 1.4400

019929 09 T-bond (29)Book

Entry276.3000 2009-11-19 2009-12-11 2012-11-19 3.00 2.4200

019930 09 T-bond (30)Book

Entry200.0000 2009-11-30 2009-12-11 2059-11-30 50.00 4.3000

019931 09 T-bond (31)Book

Entry273.9000 2009-12-3 2009-12-9 2014-12-3 5.00 2.9000

019932 09 T-bond (32)Book

Entry271.2000 2009-12-17 2009-12-23 2016-12-17 7.00 3.2200

02000109 Discount

T-bond (01)

Book

Entry150.0000 2009-4-13 2009-4-17 2009-7-13 .25 0.0000

02000209 Discount

T-bond (02)

Book

Entry200.0000 2009-4-13 2009-4-17 2010-1-11 .75 0.0000

02000309 Discount

T-bond (03)

Book

Entry150.0000 2009-4-27 2009-5-4 2009-7-27 .25 0.0000

02000409 Discount

T-bond (04)

Book

Entry150.0000 2009-4-27 2009-5-4 2009-10-26 .50 0.0000

02000509 Discount

T-bond (05)

Book

Entry150.0000 2009-5-11 2009-5-15 2009-8-10 .25 0.0000

02000609 Discount

T-bond (06)

Book

Entry150.0000 2009-5-25 2009-6-2 2009-8-24 .25 0.0000

02000709 Discount

T-bond (07)

Book

Entry150.0000 2009-5-25 2009-6-2 2009-11-23 .50 0.0000

02000809 Discount

T-bond (08)

Book

Entry150.0000 2009-6-8 2009-6-12 2009-9-7 .25 0.0000

02000909 Discount

T-bond (09)

Book

Entry200.0000 2009-6-8 2009-6-12 2010-3-8 .75 0.0000

2010 Fact Book 202

Bond Market

2010 Fact Book 203

Bond Market

02001009 Discount

T-bond (10)

Book

Entry150.0000 2009-6-22 2009-6-26 2009-9-21 .25 0.0000

02001109 Discount

T-bond (11)

Book

Entry150.0000 2009-6-22 2009-6-26 2009-12-21 .50 0.0000

02001209 Discount

T-bond (12)

Book

Entry124.8000 2009-7-13 2009-7-17 2009-10-12 .25 0.0000

02001309 Discount

T-bond (13)

Book

Entry126.5000 2009-7-13 2009-7-17 2010-4-12 .75 0.0000

02001409 Discount

T-bond (14)

Book

Entry185.1000 2009-7-20 2009-7-24 2010-1-18 .50 0.0000

02001509 Discount

T-bond (15)

Book

Entry100.0000 2009-8-10 2009-8-14 2009-11-9 .25 0.0000

02001609 Discount

T-bond (16)

Book

Entry150.0000 2009-8-10 2009-8-14 2010-5-10 .75 0.0000

02001709 Discount

T-bond (17)

Book

Entry150.0000 2009-8-24 2009-8-28 2010-2-22 .50 0.0000

02001809 Discount

T-bond (18)

Book

Entry100.0000 2009-9-7 2009-9-11 2009-12-7 .25 0.0000

02001909 Discount

T-bond (19)

Book

Entry150.0000 2009-9-7 2009-9-11 2010-6-7 .75 0.0000

02002009 Discount

T-bond (20)

Book

Entry150.0000 2009-9-21 2009-9-25 2010-3-22 .50 0.0000

02002109 Discount

T-bond (21)

Book

Entry150.0000 2009-10-12 2009-10-16 2010-1-11 .25 0.0000

02002209 Discount

T-bond (22)

Book

Entry150.0000 2009-10-26 2009-10-30 2010-4-26 .50 0.0000

02002309 Discount

T-bond (23)

Book

Entry150.0000 2009-11-9 2009-11-13 2010-2-8 .25 0.0000

02002409 Discount

T-bond (24)

Book

Entry150.0000 2009-11-23 2009-12-11 2010-8-23 .75 0.0000

02002509 Discount

T-bond (25)

Book

Entry150.0000 2009-12-7 2009-12-11 2010-3-8 .25 0.0000

02002609 Discount

T-bond (26)

Book

Entry150.0000 2009-12-21 2009-12-25 2010-6-21 .50 0.0000

2010 Fact Book 202

Bond Market

2010 Fact Book 203

Bond Market

Summary of Local Government Bonds in 2009

Code Short NameIssuance

Method

Value

( RMB100 million)Dated Date Listing Date

Date of

Maturity

Term

(year)

Coupon

Rate(%)

130000 09 Xinjiang 01 30.0000 2009-3-30 2009-4-3 2012-3-30 3.00 1.6100

130001 09 Anhui 01 40.0000 2009-4-1 2009-4-8 2012-4-1 3.00 1.6000

130002 09 Henan 01 50.0000 2009-4-7 2009-4-13 2012-4-7 3.00 1.6300

130003 09 Sichuan 01 90.0000 2009-4-8 2009-4-14 2012-4-8 3.00 1.6500

130004 09 Chongqing 58.0000 2009-4-13 2009-4-17 2012-4-13 3.00 1.7000

130005 09 Liaoning 01 30.0000 2009-4-14 2009-4-20 2012-4-14 3.00 1.7500

130006 09 Tianjin 26.0000 2009-4-14 2009-4-20 2012-4-14 3.00 1.7800

130007 09 Shandong 01 30.0000 2009-4-16 2009-4-22 2012-4-16 3.00 1.8000

130008 09 Jiangsu 84.0000 2009-4-20 2009-4-24 2012-4-20 3.00 1.8200

130009 09 Jilin 01 30.0000 2009-4-23 2009-4-29 2012-4-23 3.00 1.8200

130010 09 Qingdao 11.0000 2009-4-23 2009-4-29 2012-4-23 3.00 1.8200

130011 09 Hubei 01 50.0000 2009-4-23 2009-4-29 2012-4-23 3.00 1.8200

130012 09 Qinghai 29.0000 2009-4-23 2009-4-29 2012-4-23 3.00 1.8200

130013 09 Hebei 01 40.0000 2009-4-30 2009-5-7 2012-4-30 3.00 1.8000

13001409 Inner

Mongolia 0130.0000 2009-4-30 2009-5-7 2012-4-30 3.00 1.8000

130015 09 Shaanxi 01 36.0000 2009-4-30 2009-5-7 2012-4-30 3.00 1.8000

130016 09 Longjiang 01 30.0000 2009-5-11 2009-5-15 2012-5-11 3.00 1.7700

130017 09 Yunnan 84.0000 2009-5-11 2009-5-15 2012-5-11 3.00 1.7700

130018 09 Zhejiang 01 40.0000 2009-5-11 2009-5-15 2012-5-11 3.00 1.7700

130019 09 Dalian 10.0000 2009-5-14 2009-5-20 2012-5-14 3.00 1.7100

130020 09 Sichuan 02 90.0000 2009-5-14 2009-5-20 2012-5-14 3.00 1.7100

130021 09 Hubei 02 31.0000 2009-5-14 2009-5-20 2012-5-14 3.00 1.7100

130022 09 Guangxi 01 35.0000 2009-5-25 2009-6-2 2012-5-25 3.00 1.6700

130023 09 Beijing 56.0000 2009-5-25 2009-6-2 2012-5-25 3.00 1.6700

130024 09 Shanghai 01 40.0000 2009-5-25 2009-6-2 2012-5-25 3.00 1.6700

130025 09 Henan 02 38.0000 2009-5-25 2009-6-2 2012-5-25 3.00 1.6700

130026 09 Hunan 82.0000 2009-6-9 2009-6-15 2012-6-9 3.00 1.7000

130027 09 Fujian 26.0000 2009-6-9 2009-6-15 2012-6-9 3.00 1.7000

130028 09 Ningxia 30.0000 2009-6-9 2009-6-15 2012-6-9 3.00 1.7000

130029 09 Jiangxi 62.0000 2009-6-15 2009-6-19 2012-6-15 3.00 1.7200

130030 09 Guizhou 37.0000 2009-6-15 2009-6-19 2012-6-15 3.00 1.7200

130031 09 Anhui 02 64.0000 2009-6-15 2009-6-19 2012-6-15 3.00 1.7200

130032 09 Guangdong 85.0000 2009-6-23 2009-6-29 2012-6-23 3.00 1.7500

2010 Fact Book 204

Bond Market

2010 Fact Book 205

Bond Market

130033 09 Xiamen 8.0000 2009-6-23 2009-6-29 2012-6-23 3.00 1.7500

130034 09 Hainan 29.0000 2009-6-23 2009-6-29 2012-6-23 3.00 1.7500

130035 09 Shanxi 53.0000 2009-6-29 2009-7-3 2012-6-29 3.00 1.7600

130036 09 Gansu 65.0000 2009-6-29 2009-7-3 2012-6-29 3.00 1.7600

130037 09 Ninbo 15.0000 2009-7-7 2009-7-13 2012-7-7 3.00 1.7900

130038 09 Shenzhen 24.0000 2009-7-7 2009-7-13 2012-7-7 3.00 1.7900

130039 09 Xinjiang 02 25.0000 2009-7-7 2009-7-13 2012-7-7 3.00 1.7900

130040 09 Shandong 02 29.0000 2009-7-7 2009-7-13 2012-7-7 3.00 1.7900

130041 09 Liaoning 02 26.0000 2009-7-7 2009-7-13 2012-7-7 3.00 1.7900

130042 09 Jilin 02 25.0000 2009-8-31 2009-9-4 2012-8-31 3.00 2.3600

130043 09 Guangxi 02 30.0000 2009-8-31 2009-9-4 2012-8-31 3.00 2.3600

13004409 Heilongjiang

0230.0000 2009-8-31 2009-9-4 2012-8-31 3.00 2.3600

13004509 Inner

Mongolia 0227.0000 2009-8-31 2009-9-4 2012-8-31 3.00 2.3600

130046 09 Hebei 02 20.0000 2009-9-7 2009-9-11 2012-9-7 3.00 2.2400

130047 09 Shanghai 02 36.0000 2009-9-7 2009-9-11 2012-9-7 3.00 2.2400

130048 09 Zhejiang 02 27.0000 2009-9-7 2009-9-11 2012-9-7 3.00 2.2400

130049 09 Shaanxi 02 27.0000 2009-9-7 2009-9-11 2012-9-7 3.00 2.2400

2010 Fact Book 204

Bond Market

2010 Fact Book 205

Bond Market

Summary of Corporate Bonds in 2009

Code Short Name

Size of Issuance (RMB100

million

Date of Maturity

Opening (RMB)

Closing (RMB)

High(RMB)

Low(RMB)

Turnover(RMB

10,000)

110002 Nanshan 28.00 2013-4-17 93.79 136.96 199.00 93.40 1072528.63

110003 Xinyu Steel 27.60 2013-8-20 96.00 138.10 172.50 95.75 1087686.10

110004 XGMA 6.00 2014-8-28 125.50 140.20 148.56 121.78 131822.05

110005 Atlantic 2.65 2014-9-3 132.00 148.00 160.00 125.66 60223.31

110006 Longsheng 12.50 2014-9-14 120.15 154.00 155.00 118.20 258543.75

110007 Bohui 9.75 2014-9-23 127.90 132.80 139.65 125.55 156307.81

110008 Wangfujing 8.21 2015-10-19 136.00 143.90 148.00 136.00 168495.81

110010 Baotou Steel 18.00 2009-11-9 0.00 106.48 0.00 0.00 0.00


Bank65.00 2009-11-10 0.00 163.84 0.00 0.00 0.00

110037 Gehua Cable TV 12.50 2009-5-11 0.00 100.92 0.00 0.00 0.00

110078 Chengxing 4.40 2012-5-10 107.06 127.94 156.48 103.67 62792.42

110227 Chitianhua 4.50 2012-10-10 114.11 135.19 149.98 113.82 131017.59

110232 Golden Eagle 3.20 2010-11-20 112.18 146.50 157.01 112.18 71748.32

110368 Wuzhou 5.40 2013-2-28 111.04 144.44 155.00 110.35 147065.15

110567 Shanying 4.70 2012-9-5 103.86 140.80 166.77 103.71 246864.88

110598Heilongjiang Agriculture

15.00 2012-12-19 118.35 163.00 204.00 118.35 345059.19

110971 Hengyuan 4.00 2012-9-24 114.58 262.01 335.00 113.55 243091.39

120101 01 China Mobile 50.00 2011-6-17 101.29 101.54 103.96 100.00 19525.90

120102 01 Three Gorges 30.00 2016-11-8 106.90 100.98 107.10 99.71 4271.96

120201 02 Three Gorges 50.00 2022-9-20 100.31 95.97 104.42 89.90 4131.97

12020302 China Mobile

⒂50.00 2017-10-27 102.22 100.00 102.98 96.01 1080.01

12020402 Jiangsu

Communication15.00 2017-12-11 102.25 100.00 104.22 96.10 24111.66

12020502 Chongqing

City Construction15.00 2012-12-8 102.50 100.20 110.00 96.08 17830.49

12020702 Wuhan Steel

⑺15.00 2009-11-4 101.49 100.06 101.60 100.00 12838.46

120288 02 Jinmao 10.00 2012-4-28 102.00 102.83 104.88 96.05 7080.93

120301 03 Shanghai Rail 40.00 2018-2-19 101.51 96.39 103.89 93.23 1571.83

2010 Fact Book 206

Bond Market

2010 Fact Book 207

Bond Market

12030203 Suzhou

Development Zone

10.00 2013-7-17 102.00 99.00 112.00 95.18 284.62

120303 03 Three Gorges 30.00 2033-7-31 104.00 97.50 108.00 92.00 66103.92

120304 03 Power ⑴ 30.00 2013-12-30 102.03 100.51 114.00 93.10 1893.07

120305 03 Power ⑵ 20.00 2013-12-30 100.32 100.10 103.95 92.00 2254.70

12030603 China Power

Investment30.00 2018-12-7 105.21 102.40 110.00 96.00 2473.80

12030703 Pudong

Development15.00 2013-1-12 103.80 100.10 105.00 95.03 929.05

120308 03 Huhangyong 10.00 2013-1-23 104.41 100.00 112.10 90.00 540.79

12030903 Jiangsu

Communication18.00 2013-11-20 104.00 100.30 105.60 96.61 1770.67

12031003 China

Netcom ⑴40.00 2013-12-3 104.50 100.00 104.50 96.91 3207.02

12031103 China

Netcom ⑵10.00 2013-12-3 100.90 99.49 105.30 90.89 70212.92

120482 04 China General 10.00 2014-3-30 100.80 99.11 102.40 96.00 939.27

12048304 China Petroleum

35.00 2014-2-23 105.00 99.80 119.50 98.04 1209.57

120485 04 Guodian (1) 24.44 2014-9-21 107.00 101.00 118.00 96.99 749.89

120486 04 Guodian (2) 15.56 2019-9-21 109.00 101.00 109.49 95.03 63.10

120488 Beijing Metro 20.00 2014-12-14 105.00 102.50 110.00 100.30 393.77

12048904 South China

Grid (1)10.00 2014-9-16 107.00 101.00 109.81 100.00 371.78

12049004 South China

Grid (2)20.00 2019-9-16 0.00 82.83 0.00 0.00 0.00

120501 05 Shenergy 10.00 2015-2-1 106.00 103.00 110.00 100.08 463.63

12050205 Suzhou Yuan

Construction12.00 2015-5-18 103.41 99.00 110.90 94.01 66.05

12050305 Chongqing

Water17.00 2015-4-25 107.00 98.00 110.00 89.00 77.92

120505 05 China Power 20.00 2015-6-29 107.00 99.38 108.29 90.10 220.89

120506 05 Datang 30.00 2020-4-28 105.50 99.98 115.00 98.02 35.52

120508 05 Rail 50.00 2020-7-28 102.90 95.50 114.50 93.40 1634.51

120509 05 State Grid (1) 30.00 2015-7-7 106.00 97.54 117.00 90.00 68.45

120510 05 State Grid (2) 10.00 2015-7-7 102.58 100.99 106.00 97.03 1528.32

12051105 Shanghai

Construction (1)20.00 2015-7-26 106.80 99.38 107.00 95.53 79.81

12051205 Shanghai

Construction (2)10.00 2020-7-26 106.60 101.50 108.88 92.80 30.56

2010 Fact Book 206

Bond Market

2010 Fact Book 207

Bond Market

12051605 China Power

Investment20.00 2015-7-11 101.70 96.30 107.18 95.00 287.33

12051705 Beijing Power

(1)15.00 2010-7-5 103.47 101.30 105.28 100.00 850.56

12051805 Beijing Power

(2)5.00 2012-7-5 104.00 100.50 120.00 91.00 49.37

120519 05 Huaneng 20.00 2015-7-4 107.00 100.00 115.00 95.00 44.00

12052005 Hangzhou

Urban Construction

10.00 2015-6-19 106.70 99.30 107.30 91.01 280.70

120521 05 Air China 30.00 2015-9-6 105.00 95.41 118.00 95.01 100.36

120522 05 Railcom 10.00 2015-8-17 104.20 97.50 105.00 60.05 27.04

12052305 Fujian

Expressway20.00 2015-6-9 104.00 99.72 106.99 96.00 73.70

12052505 China Nuclear

(1)10.00 2015-7-21 105.80 118.99 118.99 91.00 162.47

12052705 Wuhan Urban

Investment10.00 2020-12-25 101.96 97.45 110.00 89.00 41.43

120528 05 World Expo 15.00 2012-12-27 101.33 99.43 111.00 91.41 1765.94

120529 05 Ningxia Coal 10.00 2020-9-15 104.88 103.20 109.00 92.00 50.85

120601 06 Datang 20.00 2026-2-15 103.40 92.66 103.78 85.05 1355.10

12060206 Hebei

Construction10.00 2026-3-27 100.49 90.74 100.49 80.40 802.14

12060306 China Aerospace

20.00 2021-4-17 100.18 93.70 110.00 90.50 5918.61

120604 06 State Grid (1) 10.00 2016-5-28 100.00 98.00 101.10 88.00 396.85

120605 06 Three Gorges 30.00 2026-5-10 96.30 85.45 96.48 83.99 59449.28

120606 06 Zhangjiang 6.00 2013-5-18 100.58 98.00 113.00 90.00 2278.49

12060706 Shanghai

Water15.00 2021-6-28 100.69 96.40 100.70 90.09 576.87

12060806 Shandong Expressway

10.00 2026-4-6 100.00 90.00 101.49 86.00 714.04

12060906 Jiangxi Investment

8.00 2021-9-10 0.00 84.19 0.00 0.00 0.00

12061006 Hefei Urban

Construction Development

10.00 2016-9-19 0.00 137.11 0.00 0.00 0.00

12070107 World Expo

(1)20.00 2017-2-14 101.00 96.99 110.00 88.18 62.34

12070207 World Expo

⑵20.00 2022-2-14 102.50 95.05 103.50 56.01 9778.25

122000 07 Yangtze Powe 40.00 2017-9-24 108.00 102.00 110.00 100.45 198679.28

2010 Fact Book 208

Bond Market

2010 Fact Book 209

Bond Market

12200107 Offshore Oil

Engineering 12.00 2017-11-9 110.50 105.13 120.00 98.91 37720.16

122002 07 Huaneng G1 10.00 2012-12-25 105.00 100.51 111.00 99.02 1815.43

122003 07 Huaneng G2 17.00 2014-12-25 110.50 103.78 115.10 100.20 14973.24

122004 07 Huaneng G3 33.00 2017-12-25 120.03 103.99 124.99 101.21 95718.26

12200508 Vanadium and Titanium

13.00 2013-2-28 103.84 107.00 109.90 101.06 261318.43

122006 08 Gemdale 12.00 2016-3-10 107.89 100.01 114.90 95.20 45104.20

122007 08 Laiwu Steel 20.00 2018-3-25 102.88 104.44 108.20 95.00 147118.41

122008 08 Huaneng G1 40.00 2018-5-8 106.27 100.49 107.78 98.08 78517.52

122009 08 Xinhu 14.00 2016-7-2 105.15 106.70 113.19 102.90 786051.41

12201008 Jiangsu Expressway

11.00 2011-7-28 106.90 103.51 109.55 101.01 123866.21

122011 08 Kingfa 10.00 2013-7-24 103.07 104.34 109.00 102.15 553172.43

122012 08 Poly 43.00 2013-7-11 106.25 107.03 111.00 104.30 331080.92

122013 08 North Star 17.00 2013-7-18 105.75 107.64 119.31 104.00 490204.61

122014 09 Yuyuan 5.00 2014-7-17 100.50 100.99 102.00 95.00 32660.34

12201509 Yangtze

Power35.00 2019-7-30 94.10 96.76 98.70 94.10 10347.36

12201609 China

National Materials25.00 2016-7-29 98.00 98.40 99.80 92.06 67369.54

122017 09 Datang 30.00 2019-8-17 98.00 95.60 100.00 95.05 21831.76

12201809 China

Communications Construction G1

21.00 2014-8-21 92.09 99.80 99.80 92.09 20093.94

12201909 China

Communications G2

79.00 2019-8-21 99.65 100.00 100.00 99.65 32970.20

122020 09 Forte Land 19.00 2014-9-22 100.00 101.40 102.96 100.00 129807.22

122021 09 Guanghui 10.00 2016-8-26 99.01 97.83 99.40 95.97 116469.96

122022 09 Chengtou 20.00 2014-9-11 0.00 100.00 0.00 0.00 0.00

122023 09 Wanye 10.00 2014-9-17 100.05 101.42 107.05 99.25 38848.69

122024 09 Guoyang 14.00 2014-9-15 100.04 99.80 100.31 90.20 49814.54

12202509 Beijing Capital

Land10.00 2014-9-24 99.90 102.00 102.00 93.00 35412.64

122026 09 Foton 10.00 2014-9-23 100.00 100.02 100.60 99.96 7094.87

12202709 Beijing Urban

Construction9.00 2016-9-28 100.01 102.70 102.70 99.00 102552.49

122028 09 Huafa 18.00 2017-10-16 100.05 101.40 101.80 100.05 45072.24

122029 09 Vantone 10.00 2014-10-14 101.13 103.88 104.52 101.00 34636.62

2010 Fact Book 208

Bond Market

2010 Fact Book 209

Bond Market

122030

09 Beijing Hualian

Department Store

7.00 2015-11-2 101.70 101.10 101.80 100.11 13853.14

122031 09 Tianjin Realty 3.00 2012-10-19 100.99 103.19 106.00 100.99 42408.84

122032 09 Tunnel 14.00 2016-10-21 100.94 100.18 100.94 95.55 9488.20

12203309 R＆F Properties

55.00 2014-10-23 103.10 103.30 103.99 100.10 255835.83

12203409 China Enterprise

12.00 2014-10-27 101.90 104.00 104.00 101.90 2189.01

12203509 Suzhou Hi-

Tech10.00 2014-11-9 101.06 101.33 103.88 100.00 61437.37

12203609 Shanghai Zhangjiang

20.00 2014-12-9 101.00 100.00 101.00 100.00 5214.80

122037 09 Sanyou 9.60 2017-11-26 100.50 100.80 100.80 100.50 54958.21

122931 09 Linhai 10.00 2016-11-6 103.00 102.23 103.00 101.60 12358.25

122932 09 Yicheng 12.00 2016-11-25 100.00 100.90 100.99 99.50 2348.80

122933 09 Nanshan 1 10.00 2015-10-20 101.00 101.00 101.00 101.00 0.10

122934 09 Nanshan 2 10.00 2019-10-20 0.00 100.00 0.00 0.00 0.00

122935 09 Nantong 23.00 2016-11-13 101.00 111.00 111.00 101.00 5.37

12293609 Hecheng

Urban Investment12.00 2016-11-17 100.00 101.69 102.00 100.00 14853.76

122938 09 Fenhu 10.00 2017-10-22 100.16 101.68 101.96 98.60 6885.55

122939 09 Ji’an 15.00 2016-10-28 104.50 103.50 104.50 102.33 6832.59

12294009 Xianyang


122942 09 Jiangyin 25.00 2016-9-15 0.00 100.00 0.00 0.00 0.00

122943 09 Waigaoqiao 8.50 2014-9-4 0.00 100.00 0.00 0.00 0.00

12294409 Zhuzhou


122945 09 Yushui 8.00 2016-7-31 99.80 100.00 101.20 99.40 3050.70

12294609 Yangzhou

Urban Construction

20.00 2016-7-23 0.00 100.00 0.00 0.00 0.00

12294709 Hefei

Construction Investment

20.00 2014-7-8 100.00 99.50 103.00 91.55 3896.39

12294809 Wuxi

Communications20.00 2016-7-8 97.70 92.75 97.70 91.22 18063.28

12294909 Changzhou

Investment20.00 2016-7-1 100.00 94.75 100.00 92.68 14085.60

2010 Fact Book 210

Bond Market

2010 Fact Book 211

Bond Market

12295009 Chongqing

Energy15.00 2016-7-1 100.00 95.00 101.00 90.00 4067.01

12295109 Huainan

Urban Construction

15.00 2016-6-26 100.00 96.40 109.99 91.00 7220.78

122952 09 Ganzhou 15.00 2016-6-16 99.89 97.48 99.89 95.00 13718.61

12295309 Yueyang

Urban Construction

10.00 2015-4-30 100.00 100.00 100.00 100.00 1895.00

122954 09 Wujin 22.00 2016-6-9 92.00 92.43 98.99 90.11 43451.35

12295509 Xiangtan City

Construction9.00 2015-6-1 0.00 100.00 0.00 0.00 18396.40

12295609 Changzhou

Hi-tech15.00 2019-6-4 100.00 94.60 100.00 90.00 96390.34

12295709 Chengdu

Industry Investment

15.00 2016-6-4 99.99 98.46 100.00 92.00 1013.71

12295809 Changsha

Economic Development

5.80 2015-5-22 102.25 102.25 104.66 99.50 30602.96

12295909 Tsinghua

Holdings10.00 2016-5-19 99.10 95.10 99.90 90.35 12201.44

122960 09 Poly Group 13.00 2014-5-7 100.00 99.70 100.00 96.08 2934.22

12296109 Wuhan Urban

Investment15.00 2019-5-25 99.00 97.15 103.20 88.18 32975.91

12296209 Nanjing

Communications10.00 2016-5-7 100.50 96.29 100.55 95.14 56718.71

122963 09 Zhangjiang 8.00 2012-6-10 100.00 102.00 102.00 99.90 15704.27

122964 09 Longhu 14.00 2016-5-5 103.94 102.70 105.16 98.00 241717.55

12296509 Weifang Investment

7.00 2019-4-15 102.10 100.00 108.00 91.01 15401.50

12296609 Dianchi Investment

8.00 2015-4-27 103.33 95.71 103.33 94.10 46351.39

12296709 Fujian Zhanglong

10.00 2015-4-24 102.21 94.05 102.21 93.27 123503.63

12296809 Hangzhou


12296909 Henan Investment

15.00 2019-4-15 100.18 94.50 100.30 91.00 5063.87

12297009 Three Gorges

0170.00 2014-4-8 100.00 95.50 100.00 55.75 26616.31

12297109 Three Gorges

0230.00 2016-4-8 100.00 91.00 100.00 91.00 64.50

2010 Fact Book 210

Bond Market

2010 Fact Book 211

Bond Market

12297209 Mianyang Investment

15.00 2016-4-8 102.27 97.27 102.80 95.00 63604.83

12297309 Kunshan Chuangye

20.00 2016-3-30 101.02 90.03 101.02 88.00 74218.20

12297409 Zhengjiang

City Construction10.00 2015-3-30 101.50 97.89 103.57 90.00 125465.36

12297509 Jinan Urban

Construction15.00 2019-3-26 100.99 89.49 100.99 87.80 21992.31

12297609 Yongcheng

Coal & Electricity13.00 2015-3-30 100.28 100.00 102.00 90.00 2123.27

122977 09 Bailian 10.00 2012-3-26 100.20 100.00 104.50 90.46 9314.06

12297809 Tianjin Jinbin Development 1

15.00 2012-3-25 100.40 96.00 100.86 90.00 5767.13


20.00 2014-3-25 100.01 92.00 100.01 81.00 11475.81


25.00 2016-3-25 100.40 93.00 100.40 90.00 25797.74

12298109 Tongling

Urban Construction

5.00 2015-3-10 105.49 98.55 106.44 97.70 88502.75

12298209 Changchun

Urban Development

12.00 2016-3-9 103.01 96.40 103.41 94.12 87868.80

12298309 Nanjing Iron

& Steel25.00 2016-2-27 103.47 99.75 104.50 99.00 205322.16

12298409 Liu’an

Urban Construction

15.00 2016-3-2 105.10 100.70 108.00 99.45 89439.09

12298509 Zhejiang

Provincial Energy47.00 2014-2-23 101.00 96.98 101.05 90.93 25639.84

122986 09 Chunhua 10.00 2016-2-11 104.08 98.02 104.08 94.99 65672.96

12298708 Yunnan Coal

Chemical15.00 2013-12-19 102.88 103.88 107.00 95.11 5855.09

12298808 Chongqing

Yulong10.00 2016-1-15 102.00 100.60 107.38 98.75 204130.35

12298908 Chongqing Communication

15.00 2015-12-10 101.26 100.01 105.17 100.00 21977.94

12299008 Wuxi

Municipal Utilities22.00 2011-10-7 106.00 103.80 110.00 98.97 36173.88

12299108 Hainan

Airlines15.00 2014-12-25 101.12 104.18 107.50 100.88 180168.81

12299208 Jiangsu

Communication25.00 2013-11-18 101.90 97.30 112.00 87.00 40326.88

2010 Fact Book 212

Bond Market

2010 Fact Book 213

Bond Market

12299308 Wuyang Iron

& Steel6.00 2013-11-13 103.51 102.92 114.72 95.00 19806.88

12299408 Yunnan Investment

15.00 2013-10-22 99.89 97.44 102.48 95.05 73347.81

12299508 Hefei

Construction Investment

17.00 2018-8-28 102.00 96.90 103.46 96.10 240535.46

12299608 Changzhou

Urban Construction

25.00 2015-9-24 101.47 98.42 106.50 95.52 426628.97

12299708 Suzhou Hi-

Tech4.00 2013-10-9 103.00 103.11 109.50 101.90 111110.85

12299804 Nanjing

Tanker10.00 2014-5-26 101.98 99.60 107.00 98.00 1421.03

12299908 Guangzhou

Paper3.90 2018-3-13 111.00 105.00 112.03 94.58 28714.49

12600106 Maanshan

Steel55.00 2011-11-13 94.71 96.30 98.71 90.00 256532.02

126002 06 Sinochem 12.00 2012-12-1 90.96 91.96 96.00 89.50 179199.74

126003 07 Yuntianhua 10.00 2013-1-28 87.95 90.42 90.50 80.70 77253.94

126005 07 Wuhan Steel 75.00 2012-3-25 93.21 94.59 99.98 67.00 152745.71

12600607 Shenzhen Expressway

15.00 2013-10-9 88.99 87.66 91.94 84.00 11976.05

126007 07 Rizhao 8.80 2013-11-27 89.36 86.82 92.58 84.10 12639.08

126008 08 SAIC Motor 63.00 2013-12-19 86.58 86.60 87.66 82.00 88873.90

126009 08 Ganyue 12.00 2014-1-27 87.70 85.60 88.00 82.50 41318.69

126010 08 COSCO 10.50 2014-1-28 83.00 83.99 90.00 80.53 161125.70

12601108 Petroleum and Chemical

300.00 2014-2-20 88.02 85.10 88.22 82.00 553366.41

12601208 Shanghai

International Port24.50 2011-2-20 95.11 97.50 99.20 94.00 366759.74

12601308 Tsingtao

Brewery15.00 2014-4-2 83.60 82.98 84.80 80.00 168426.49

126014 08 GD 39.95 2014-5-7 85.60 83.59 86.68 81.25 500811.98

126015 08 Kangmei 9.00 2014-5-8 78.85 79.28 81.35 70.82 299228.02

12601608 Baoshan

Steel100.00 2014-6-19 85.12 84.60 86.61 80.03 526794.64

126017 08 Gezhouba 13.90 2014-6-25 80.01 80.08 81.80 70.00 248147.21

12601808 Jiangxi

Copper68.00 2016-9-22 72.60 70.85 74.70 69.13 1923305.76

126019 09 Changhong 30.00 2015-7-30 70.21 73.20 73.28 70.20 452798.93

129902 98 China Rail (3) 24.00 2009-10-12 101.50 100.20 102.12 100.03 20371.53

129903 99 Three Gorges 30.00 2010-7-25 101.60 101.00 111.00 100.02 38051.19

2010 Fact Book 212

Bond Market

2010 Fact Book 213

Bond Market

Monthly Bond Turnover in 2009

MonthTurnover Value (RMB 10,000)

Turnover Volume (10,000 shares)

01 21073016.41 21141.03

02 24905325.28 24943.68

03 24383980.26 24359.24

04 25165345.73 25129.67

05 22986739.69 22981.43

06 32861749.93 32850.33

07 46943381.64 46869.65

08 37947152.62 37940.08

09 45386969.12 45436.69

10 30976970.92 30941.41

11 39586853.21 39520.13

12 45845954.89 45857.92

Monthly Bond Repo Turnover in 2009



01 18494110.00 18494.11

02 21003700.00 21003.70

03 20790600.00 20790.60

04 21954220.00 21954.22

05 20238617.40 20238.62

06 29552818.60 29552.82

07 43163519.20 43163.52

08 34944135.40 34944.14

09 41510451.10 41510.45

10 28924339.60 28924.34

11 36413577.10 36413.58

12 42302454.70 42302.45

2010 Fact Book 214

Bond Market

2010 Fact Book 215

Monthly Bond Spot Turnover in 2009



01 1559945.19 1519.05

02 2163136.98 2117.70

03 2071228.01 2030.21

04 1993809.05 1958.96

05 1444186.76 1418.78

06 1741883.57 1716.67

07 2012524.73 1994.31

08 1660322.22 1654.38

09 2108412.47 2090.45

10 962308.88 953.70

11 1326203.74 1309.92

12 1511041.85 1495.25

2010 Fact Book 214

Bond Market

2010 Fact Book 215


Funds


Funds

Funds

Overview

By December 31, 2009, China had 557 securities investment funds with total amount of capital hitting RMB 2,676.2 billion. Compared to the end of 2008, the number of fund units fell by 5% while NAV increased by 38%.

153 new funds were launched in 2009 with total issuance reaching 453.447 billion units. Among them, 80 were equity funds with a total size of 273.566 billion units; 19 were hybrid funds with a total size of 54.86 billion units; 43 were bond funds with a total size of 85.223 billion units; 10 were money market funds a with a total size of 34.841 billion units; and 1 was guaranteed fund with a total size of 4.956 billion units.

Passively managed index funds performed well both on the primary and secondary markets. Among all the new funds launched in the year, 27 index funds issued a total of 135.5 billion units, accounting for 30% of the total figure of all the new funds issued and well above the aggregate volume of index funds of the previous years. In terms of individual funds, the average issuance size was as high as 5.019 billion units, much higher than the average figure of 2.695 billion units for index funds in the previous years and far exceeding the average figure of 2.738 billion units for other equity funds in 2009.

In terms of performance, index funds took the lead, followed by equity funds (excluding index funds), and then by open-end funds, hybrid funds, QDII, guaranteed funds, bond funds and money market funds. Passively managed index funds outperformed actively managed equity funds by 18.86 percent in terms of average NAV growth rate.

SSE Bond Market Summary

ETF

By December 31, 2009, there were 6 ETFs at SSE. Among them, 5 ETFs were listed while Bosera SSE Mega-cap Index ETF was pending listing following its end-of-December launch.

3 new ETFs were launched in 2009 with a total issuance of 6.95 billion units. Among them, ICBC Credit Suisse SSE Central SOEs 50 Index ETF (code: 510060) was launched on August 26 with an initial offering of 4.534 billion units and was listed on SSE on October 27. By December 31, the traded value of SSE Central SOEs 50 Index ETF on the secondary market was RMB 1.921 billion, with total purchases of 730 million units and total redemptions of 425 million units. BOCOM Schroder SSE 180 Corporate Governance Index ETF (code: 510010) was launched on September 25 with an initial offering of 1.009 billion units and was listed on SSE on December 15. By December 31, the traded value of SSE 180 Corporate Governance Index ETF on the secondary market was RMB 717 million, with total purchases of 7.29 billion units and total redemptions of 677 million units. Bosera SSE Mega-cap Index ETF (code: 510020) was launched on December 29 with an initial offering of 1.407 billion units and was expected to be listed in 2010.

Hua An SSE 180 ETF (code: 510180) completed a split of fund unites in May 2009. The 10-for-1 split greatly improved the ETF’s level of trading activity on the secondary market. Before the split, its average daily traded value

2010 Fact Book 218

Funds

2010 Fact Book 219

Funds

was around RMB 40 million and after the split, the averaged daily traded value topped RMB 90 million. Moreover, the split led to a sharp rise in the fund size. For five straight weeks following the split, Hua An SSE 180 ETF recoded net purchases with a total volume of 1.284 billion units. By December 31, the net asset value of SSE 180 ETF amounted to RMB 4.069 billion, far above the figure of RMB 829 million at the beginning of the year. Its traded value on the secondary was RMB 1.57 billion for the whole year with total purchases of 239 million units and total redemptions of 1.086 billon units.

The size of China SSE 50 Index ETF reached 9.985 billion units. Its traded value on the secondary market was RMB 22.063 billion for the whole year, with total purchases of 5.492 billon units and total redemptions of 4.76 billon units. The size of AIG-Huatai SSE Dividend Index ETF amounted to 1.917 billion units. Its traded value on the secondary market was RMB 3.333 billion for the whole year, with total purchases of 770 million units and total redemptions of 529 million units.

SSE FundTrade

By December 31, 2009, 54 open-end funds were listed on SSE FundTrade system, including 11 new funds, among which 10 funds were issued through SSE, raising RMB 326 million in total. Total purchases of open-end funds through SSE FundTrade stood at 1.733 billion units while total redemptions reached 3.372 billion units.

Closed-end funds

By December 31, 2009, there were 13 closed-end funds listed on SSE with a total size of 32 billion units and a total market capitalization of RMB 50.9 billion.

2010 Fact Book 218

Funds

2010 Fact Book 219

Funds

Summary of Funds in 2009

CodeShort

Name

Size of Issuance

(10,000 units)

High

(RMB)

Low

(RMB)

Opening

(RMB)

Closing

(RMB)

Change

(%)

Turnover Volume

(10,000 units)

Turnover Value

(RMB10,000)

500001 Jintai Fund 200000.00 1.120 0.570 0.573 1.093 93.45 548982.08 443921.62

500002 Taihe Fund 200000.00 0.957 0.532 0.537 0.923 74.15 447639.97 328692.36

500003 Anxin Fund 200000.00 1.442 0.922 0.989 1.426 83.19 305316.86 358453.38

500005 Hansheng Fund 200000.00 1.527 0.961 1.088 1.525 89.70 523980.86 636923.02

500006 Yuyang Fund 200000.00 1.609 0.955 1.010 1.567 86.87 479501.93 590407.98

500008 Xinghua Fund 200000.00 1.550 0.782 0.799 1.549 93.63 429434.11 476984.89

500009 Anshun Fund 300000.00 1.725 0.821 0.830 1.713 104.66 612927.89 752511.11

500011 Jinxin Fund 300000.00 0.994 0.498 0.502 0.969 94.97 1001125.12 710741.41

500015 Hanxing Fund 300000.00 1.273 0.770 0.852 1.269 84.87 852835.69 834575.58

500018 Xinghe Fund 300000.00 1.208 0.595 0.603 1.153 94.76 690804.69 600270.64

500038 Tongqian Fund 200000.00 1.412 0.748 0.759 1.408 108.54 800193.86 826738.09

500056 Kerui Fund 300000.00 1.254 0.675 0.699 1.194 72.54 749986.44 694915.92

500058 Yinfeng Fund 300000.00 1.059 0.566 0.566 0.949 93.33 798755.69 647810.42

510010 Governance ETF 112352.44 0.979 0.840 0.917 0.915 0.00 78620.48 71732.54

510050 50 ETF 974256.68 2.850 1.383 1.390 2.559 87.47 20594885.11 45132224.43

510060 SOEs ETF 289995.92 1.748 1.536 1.645 1.728 0.00 565607.33 940012.69

510180 180 ETF 597522.67 6.253 0.588 4.202 0.770 90.31 3946220.48 3226977.36

510880 Dividend ETF 191717.57 3.133 1.482 1.492 2.818 96.19 3482578.48 8216687.50

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Funds

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NAV of Securities Investment Funds (2009 year-end)

Code Short Name Announcement Date As of Date NAV Per Unit (RMB)

500001 Jintai Fund 2010-1-1 2009-12-31 1.353

500002 Taihe Fund 2010-1-1 2009-12-31 1.174

500003 Anxin Fund 2010-1-1 2009-12-31 1.675

500005 Hansheng Fund 2010-1-1 2009-12-31 1.857

500006 Yuyang Fund 2010-1-1 2009-12-31 1.816

500008 Xinghua Fund 2010-1-1 2009-12-31 1.733

500009 Anshun Fund 2010-1-1 2009-12-31 1.939

500011 Jinxin Fund 2010-1-1 2009-12-31 1.259

500015 Hanxing Fund 2010-1-1 2009-12-31 1.587

500018 Xinghe Fund 2010-1-1 2009-12-31 1.454

500038 Tongqian Fund 2010-1-1 2009-12-31 1.704

500056 Kerui Fund 2010-1-1 2009-12-31 1.501

500058 Yinfeng Fund 2010-1-1 2009-12-31 1.239

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Funds

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Members


Members

Members

Overview

As at the end of 2009, SSE had 107 members, which had 3,702 business branches and opened 5,403 Participant Business Units (PBU). 66 members had a registered capital of no less than RMB1 billion each, 27 members had a registered capital of no less than RMB 2 billion each, and 12 members had a registered capital of no less than RMB 3 billion each. SSE granted 22 companies the primary dealer status for SSE ETFs, 10 companies the status for SSE FundTrade business, 35 companies the primary dealer status for SSE Central SOEs Index ETF and another 35 companies the primary dealer status for SSE 180 Corporate Governance Index ETF.

Member Supervision

In the previous year, SSE exercised supervision over members according to the work plan laid out at the beginning of the year, with a focus on business and technology.

I. Strengthening self-regulation over members

1. Enhancing members’ client management capabilities

As part of SSE Supervisory Action Season program, we continued to further improve members’ client management capabilities. On the one hand, we undertook on-site inspections over members’ implementation of the Implementing Rules of Shanghai Stock Exchange on Members’ Management of Clients’ Securities Trading and the Guidance of Shanghai Stock Exchange for Real-time Monitoring of Abnormal Securities Trading. On the other, we carried out activities to strengthen members’ client management. Members were required to conduct self-inspections of their client management work and recommend their effective practices in client management. Members were also invited to publish articles on strengthening client management in public media. After we reviewed the materials submitted by members, we started creating a communication platform for members by compiling a collection of good experience and practices of members for sharing with the industry. Our continued efforts in enhancing members’ client management played a positive role in improving members’ compliance management capabilities and their core competence.

2. Tightening day-to-day supervision of members

According to the overall plan of SSE Supervisory Action Season program, we paid close attention to the hot issues in the market and reinforced supervisory collaboration with external parties. We took active regulatory measures by issuing 18 supervisory letters and holding 11 interviews with senior executives to address malpractices of members in such areas as clients’ warrant trading, sell-down of unlocked shares, IPO speculation and practice reporting as part of our efforts to urge members to undertake their responsibilities for client management and implement SSE supervisory requirements. In addition, we conducted a thorough investigation into unauthorized purchases and redemptions of ETFs by members and further enhanced management of members’ trading authority.

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Members

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Members

3. Bolstering members’ technology management In the year, we made further efforts to fulfill the requirements of the Implementing Rules on Technology Management.

First, we leveraged the launch of the NGTS to urge members to enhance their technology management according to the NGTS requirements and NGTS technology management standards. In particular, we gave priority attention to the five types of members that may potentially incur risk with the operation of the NGTS. Second, with respect to the technical faults of some members, we adopted supervisory measures such as telephone alerts, supervisory letters and interviews with senior executives and followed up with their corrective actions.

4. Participation in inspection of securities companies

We participated in an inspection on Aerospace Securities Co. organized by the CSRC in the regulator’s thematic tour inspection of securities companies.

II. Ensuring market readiness for the launch of NGTS

According to the overall arrangement for the launch of the NGTS, we made every effort to help members achieve market readiness and complete all their work for switching to the NGTS.

III. Strengthening services for members

In order to improve members’ technical level, prevent technical risk and meet members’ technical service needs, we held 7 seminars at the request of member to examine the feasibility of technology and business projects so as to provide strong support for members’ membership business and technological systems.

Additionally, we held an information technology training seminar for members of Shanghai and Shenzhen stock

exchanges, which facilitated experience sharing among members and created a technology communication platform for the industry.

4. Developing rules on non-member trading participants

We continued our work on developing the Implementing Rules of Shanghai Stock Exchange on the Management of Non-member Trading Participants with the aim to standardize management of non-members that participate in the business of SSE.

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Members

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Members

Geographical Distribution of SSE Members and Their Business Branches

RegionNumber

of MembersNumber

of Business BranchesTurnover

（RMB 10,000）Percentage (%)

Anhui 2 85 1200147.70 1.38

Beijing 17 203 8432078.55 9.72

Fujian 3 124 3461053.00 3.99

Gansu 1 50 407406.10 0.47

Guangdong 22 558 16001464.51 18.45

Guangxi 1 64 789555.45 0.91

Guizhou 1 24 247671.35 0.29

Hainan 2 27 400063.35 0.46

Hebei 1 86 1099581.84 1.27

Henan 1 97 1726149.65 1.99

Heilongjiang 1 103 1160841.77 1.34

Hubei 2 124 2305900.95 2.66

Hunan 3 116 1627299.67 1.88

Jilin 2 69 797897.91 0.92

Jiangsu 6 243 6708117.04 7.73

Jiangxi 2 101 1292741.12 1.49

Liaoning 3 162 2403014.61 2.77

Inner Mongolia

2 40 408378.92 0.47

Ningxia 0 16 105018.77 0.12

Qinghai 1 7 81220.63 0.09

Shandong 2 194 3541555.00 4.08

Shanxi 2 52 812258.86 0.94

Shaanxi 3 63 1139816.22 1.31

Shanghai 14 459 15792824.23 18.20

Sichuan 4 147 2774888.52 3.20

Tianjin 1 80 1136599.58 1.31

Tibet 1 2 28407.79 0.03

Xinjiang 1 34 526737.74 0.61

Yunnan 2 43 694823.51 0.80

Zhejiang 3 250 8585903.24 9.90

Chongqing 1 79 1061269.52 1.22

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Members

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Members

Membership (1990-2009)

Year Membership

1990 25

1991 29

1992 171

1993 481

1994 550

1995 553

1996 523

1997 467

1998 317

1999 309

2000 305

2001 255

2002 199

2003 171

2004 161

2005 152

2006 152

2007 142

2008 109

2009 107

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Members

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Members

Top 50 Members by Turnover in 2009

RankName

Turnover(RMB10,000)

Equity(RMB10,000)

T-bond Spot(RMB10,000)

T-bond Repo(RMB10,000)

1 Guotai Junan Securities Co., Ltd. 4495241.41 3388123.26 46290.25 874256.00

2 China Galaxy Securities Co., Ltd. 4296536.92 3818893.31 12907.82 370736.70

3Shenyin & Wanguo Securities Co. Ltd.

4000086.29 2921815.87 14802.41 1011881.50

4 Haitong Securities Co., Ltd. 3500772.10 2906342.22 42553.69 501241.80

5 Guosen Securities Co., Ltd. 3376689.05 3052774.51 28263.53 220476.90

6China Merchants

Securities Co., Ltd.2899900.67 2660768.61 28412.19 114206.90

7 Gf Securities Co., Ltd. 2782566.56 2644106.26 26479.70 64150.90

8 China Securities Co., Ltd. 2552641.10 2364008.99 8719.02 134030.80

9 Huatai Securities Co., Ltd. 2486054.54 2325161.72 8367.48 50173.50

10 Everbright Securities Co., Ltd. 2466659.26 2127586.93 16399.63 269299.30

11 Citic Securities Co., Ltd. 2065780.90 1780235.05 25332.98 178417.40

12 Shandong Qilu Securities Co., Ltd. 2010791.49 1762109.03 1667.37 27831.30

13 Essence Securities Co., Ltd. 1898145.16 1844059.40 1796.07 38574.20

14China Jianyin Investment Securities Co.,

Ltd.1821389.11 1713776.74 1813.69 87278.80

15China International Capital Co., Ltd.

1641550.73 836648.67 37679.94 720241.00

16 Changjiang Securities Co., Ltd. 1328028.66 999191.05 18687.95 286753.00

17 Huatai United Securities Co., Ltd. 1310919.14 1276998.35 1329.67 12680.30

18 Founder Securities Co., Ltd. 1232597.40 1214484.63 363.32 11157.40

19 CITIC-Kington Securities Co., Ltd. 1198899.54 1187825.26 291.88 2912.30

20 Orient Securities Co., Ltd. 1134523.68 1057874.46 4422.82 59248.70

21 Industrial Securities Co., Ltd. 1057381.80 979045.53 3664.94 58698.80

22 Hong Yuan Securities Co., Ltd. 954688.69 882359.14 630.83 62998.20

23 Guoyuan Securities Co., Ltd. 922222.87 773555.69 2296.19 134192.00

24 BOC International (China) Ltd. 865575.27 756881.53 5368.40 92160.50

25 Ping An Securities Co., Ltd. 825883.67 633666.88 21640.14 129043.10

26 West China Securities Co., Ltd. 803924.90 793322.51 142.88 5070.10

27Caitong Securities

Brokerage Co., Ltd.778857.57 699900.24 3320.06 70322.00

28Zhejiang Merchants Securities Co., Ltd.

723142.61 717051.15 33.22 3050.40

29 Great Wall Securities Co., Ltd. 708100.89 671728.77 1389.97 29306.00

30 Shanghai Securities Co., Ltd. 695381.46 651647.45 898.66 36822.30

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Members

31 Xiangcai Securities Co., Ltd. 691155.85 660463.67 585.63 25010.40

32 Soochow Securities Co., Ltd. 641543.13 628333.93 447.77 8071.60

33 Cinda Securities Co., Ltd. 609414.16 602680.64 403.59 43.50

34 Donghai Securities Co., Ltd. 601218.67 592545.12 397.17 1596.00

35 Bohai Securities Co., Ltd. 573349.15 539643.23 2943.44 26976.30

36 Hebei Caida Securities Co.，Ltd. 552731.00 549662.18 164.16 160.00

37 Northeast Securities Co ., Ltd. 551268.77 525761.15 1140.56 20518.20

38 Dongxing Securities Co., Ltd. 542757.82 536864.09 141.13 1379.60

39 Sinolink Securities Co., Ltd. 540442.28 508581.40 724.29 27889.00

40 Nanjing Securities Co., Ltd. 539382.62 527315.91 3010.50 1749.70

41 Citic Wantong Securities Co., Ltd. 532729.45 486534.27 849.73 3626.20

42 GF Huafu Securities Co., Ltd. 507550.87 497379.78 1100.07 4730.40

43 China Minzu Securities Co., Ltd.. 497037.42 487329.79 168.05 5414.20

44 Western Securities Co., Ltd. 484101.96 480712.54 331.36 508.20

45 Shanxi Securities Co., Ltd. 475654.72 453034.01 494.68 17275.40

46 Sealand Securities Co., Ltd. 468106.46 458219.33 130.03 6892.40

47 Central China Securities Co., Ltd. 456439.35 451372.89 562.57 2083.30

48 Southwest Securities Co., Ltd. 456027.83 436904.14 2341.91 12420.40

49 Dongguan Securities Co.，Ltd. 435957.17 429974.18 123.56 3805.60

50 Guolian Securities Co., Ltd. 433051.51 426511.80 263.75 1479.10

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Members

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Members

Top 50 Members by Registered Capital in 2009

Rank Name Registered Capital (RMB10,000)

1 Haitong Securities Co., Ltd. 822782

2 Guosen Securities Co., Ltd. 700000

3 Shenyin & Wanguo Securities Co. Ltd. 671576

4 Citic Securities Co., Ltd. 663046

5 China Galaxy Securities Co., Ltd. 600000

6 Shandong Qilu Securities Co., Ltd. 521224

7 Guotai Junan Securities Co., Ltd. 470000

8 Huatai Securities Co., Ltd. 450000

9 Everbright Securities Co., Ltd. 341800

10 Orient Securities Co., Ltd. 329383

11 China Merchants Securities Co., Ltd. 322692

12 Ping An Securities Co., Ltd. 300000

13 Xiangcai Securities Co., Ltd. 299725

14 China Securities Co., Ltd. 270000

15 Guodu Securities Co., Ltd. 262298

16 Shanghai Securities Co., Ltd. 261000

17China Jianyin Investment

Securities Co., Ltd.250000

18 Essence Securities Co., Ltd. 238975

19 Bohai Securities Co., Ltd. 222686

20 Huaan Securities Co., Ltd. 220500

21 Hengtai Securities Co., Ltd. 219400

22 Fortune Securities Co., Ltd. 213573

23 Zhejiang Merchants Securities Co., Ltd. 212000

24 Great Wall Securities Co., Ltd. 206700

25 Central China Securities Co., Ltd. 203352

26 Gf Securities Co., Ltd. 200000

26 Shanxi Securities Co., Ltd. 200000

28 Industrial Securities Co., Ltd. 193700

29 Southwest Securities Co., Ltd. 190385

30 Nanjing Securities Co., Ltd. 177105

31 Changjiang Securities Co., Ltd. 167480

32 Donghai Securities Co., Ltd. 167000

33 Founder Securities Co., Ltd. 165388

34 China Fortune Securities.,Ltd. 160000

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Members

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Members

35 First Capital Securities Co., Ltd. 159000

36 China Dragon Securities Co., Ltd. 155339

37 Cinda Securities Co., Ltd. 151100

38 Huarong Securities Co., Ltd. 151000

39 Dongxing Securities Co., Ltd. 150400

40 The Pacific Securities Co., Ltd. 150331

41 BOC International (China) Ltd. 150000

41 Soochow Securities Co., Ltd. 150000

43 UBS Securities Co., Ltd. 149000

44 Guoyuan Securities Co., Ltd. 146410

45 Hong Yuan Securities Co., Ltd. 146120

46 Hebei Caida Securities Co.，Ltd. 141690

47 China Minzu Securities Co., Ltd.. 139412

48 Hongta Securities Co., Ltd. 138651

49 Jianghai Securities Co., Ltd. 136320

50 Zhongshan Securities Co., Ltd. 135500

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Members

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Members

Top Lead Underwriters of IPOs in 2009 (by Number of Deals Underwritten)

RankSequence Number of Lead

UnderwriterName of

Lead UnderwriterNumber

of Deals Underwritten

1 66China International Capital Co., Ltd.

3

2 501061 China Securities Co., Ltd. 2

3 49 CITIC Securities Co., Ltd. 1

4 500921Goldman Gao Hua Securities Co., Ltd.

1

5 1947 Orient Securities Co., Ltd. 1

6 1221 Huatai Securities Co., Ltd. 1

7 501381 China Galaxy Securities Co., Ltd. 1

8 500601 The Pacific Securities Co., Ltd. 1

9 88 Guosen Securities Co., Ltd. 1

Note: Lead underwriters that underwrote the same number of deals are ranked according to the proceeds raised.

Top Lead Underwriters of IPOs in 2009 (by Number of Shares Underwritten)


UnderwriterName of

Lead Underwriter

Numbers of Shares Underwritten

(10,000 shares)


1524500.000

2 49 Citic Securities Co., Ltd. 350000.000

3 501061 China Securities Co., Ltd. 145300.000

4 1221 Huatai Securities Co., Ltd. 125000.000

5 1947 Orient Securities Co., Ltd. 52000.000

6 501381China Galaxy

Securities Co., Ltd.50000.000


35854.614

8 500601 The Pacific Securities Co., Ltd. 29580.067

9 88 Guosen Securities Co., Ltd. 13000.000

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Members

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Members

Top Lead Underwriters of IPOs in 2009 (by Proceeds Raised)


UnderwriterName of

Lead UnderwriterProceeds Raised(RMB 10,000)


7183310.000

2 49 Citic Securities Co., Ltd. 1897000.000


1111493.037



6 1221 Huatai Securities Co., Ltd. 695000.000

7 501381China Galaxy

Securities Co., Ltd.180000.000

8 500601 The Pacific Securities Co., Ltd. 115658.060

9 88 Guosen Securities Co., Ltd. 90350.000

Top Lead Underwriters of Rights Issues in 2009 (by Number of Deals Underwritten)


UnderwriterName of

Lead UnderwriterNumber

of Deals Underwritten1 182 Haitong Securities Co., Ltd. 2

2 501061 China Securities Co., Ltd. 1

3 1358 Changjiang Securities Co., Ltd. 1

4 1947 Orient Securities Co., Ltd. 1Note: Lead underwriters that underwrote the same number of deals are ranked according to the proceeds raised.

Top Lead Underwriters of Rights Issues in 2009 (by Number of Shares Underwritten)


UnderwriterName of

Lead Underwriter

Numbers of Shares Underwritten

(10,000 shares)1 501061 China Securities Co., Ltd. 48217.408

2 182 Haitong Securities Co., Ltd. 22828.143

3 1358 Changjiang Securities Co., Ltd. 22776.596


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Members

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Members

Top Lead Underwriters of Rights Issues in 2009 (by Proceeds Raised)


UnderwriterName of

Lead UnderwriterProceeds Raised (RMB 10,000)


2 1358 Changjiang Securities Co., Ltd. 175152.024

3 182 Haitong Securities Co., Ltd. 168997.284


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Members

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Number of Trading Accounts with SSE, 1991-2009

Year 1991 1992 1993 1994 1995 1996 1997 1998 1999

Number of Accounts (10,000) 11 111 424 575 685 1208 1713 1999 2272

Year 2000 2001 2002 2003 2004 2005 2006 2007 2008

Number of Accounts (10,000) 2940 3430 3556 3644 3787 3856 4101 7131 7973

Year 2009

Number of Accounts (10,000) 8965

Breakdown of B-share Investors by Jurisdiction

RegionNumber of Trading

AccountsPercentage in Total

Accounts (%)New Trading Accounts in

2009Percentage in Total New

Accounts (%)

China (Mainland) 1310389 87.16 30130 94.26

United States 13310 0.89 449 1.40

Taiwan, China 8208 0.55 272 0.85

Hong Kong SAR, China 16836 1.12 199 0.62

Canada 3291 0.22 98 0.31

Japan 4369 0.29 85 0.27

China (Overseas) 125787 8.37 74 0.23

Australia 3095 0.21 60 0.19

United Kingdom 2186 0.15 59 0.18

Korea 1665 0.11 39 0.12

Singapore 1848 0.12 36 0.11

France 609 0.04 18 0.06

Germany 670 0.04 15 0.05

Macao SAR, China 789 0.05 17 0.05

Holland 385 0.03 13 0.04

Others 9924 0.66 400 1.25

Total 1503361 100.00 31964 100.00

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Historical Statistics




Yearly Share Turnover Value, 1991-2009

Year

Annual Turnover

(RMB 100 million)

Number of

Trading Days

Average Daily

Turnover(RMB 100

million)

Average Daily Trading

Volume(100 million

shares)

Date of Highest Turnover

Date of Lowest Turnover

Turnover(RMB 100 million)

DateTurnover

(RMB 100 million)Date

1991 46.08 256 0.18 0.0002 2.01 19911231 0.008 19910517

1992 323.85 255 1.27 0.07 4.82 19921130 0.08 19920207

1993 2509.71 259 9.69 0.6 38.43 19931207 0.001 19930227

1994 5735.52 252 22.76 2.61 157.54 19940906 1.6 19940712

1995 3102.36 251 12.36 2.05 114.3 19950522 1.14 19950208

1996 9114.82 247 36.9 4.46 192.74 19961203 1.53 19960209

1997 13763.52 243 56.64 5.01 159.83 19970512 11.51 19971014

1998 12386.11 246 50.35 4.59 119 19980409 16.48 19981221

1999 16965.79 239 70.99 6.53 404.43 19990625 11.62 19990104

2000 31373.86 239 131.27 10.2 472.62 20000217 42.92 20000927

2001 22709.38 240 94.62 7.58 234.13 20011024 27.27 20011115

2002 16959.09 237 71.56 7.52 494.80 20020624 26.60 20021008

2003 20824.14 241 86.41 11.17 330.16 20030416 27.24 20030103

2004 26470.60 243 108.93 14.85 286.68 20040924 31.67 20040907

2005 19240.21 242 79.51 16.47 221.58 20050818 36.75 20050707

2006 57816.60 241 239.90 42.67 626.89 20061206 67.63 20060313

2007 305434.29 242 1262.13 100.52 2712.94 20070530 502.08 20071123

2008 180429.95 246 733.46 66.31 1896.84 20080424 217.96 20080909

2009 346511.91 244 1420.13 138.03 2969.29 2009729 461.01 20090105

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Listed Shares 1990-2009

YearNumberof Listed

Companies

Number of Listed Securities

Proceeds Raised(RMB 100

million)

Share Capital Issued(100 million shares)

Market Cap (RMB 100 million)

1990 8 30 10.11 2.61 12.34

1991 8 46 0.24 2.72 29.43

1992 29 87 41.39 46.94 558.4

1993 106 190 93.47 235.54 2206.2

1994 171 259 150.82 418.88 2600.13

1995 188 258 58.16 560.66 2525.66

1996 293 368 202.22 749.86 5477.81

1997 383 467 474.6 975.37 9218.06

1998 438 526 377.15 1280.35 10625.9

1999 484 576 486.37 1580.15 14580.47

2000 572 657 914.32 2032.42 26930.86

2001 646 744 957.49 3164.44 27590.56

2002 715 826 614.3 3727.84 25363.72

2003 780 914 560.96 4170.39 29804.92

2004 837 996 456.9 4700.55 26014.34

2005 834 1069 299.77 5023.05 23096.13

2006 842 1126 1714.41 10279.54 71612.38

2007 860 1125 6701.33 14173.1 269838.87

2008 864 1184 2238.16 15410.39 97251.91

2009 870 1351 3343.15 16659.96 184655.23

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Historical Highs in Stock Turnover

Daily All-time Highs in Turnover Value

Rank Date Turnover (RMB10,000)

1 2009-07-29 29692889.17

2 2009-11-24 29077692.90

3 2007-05-30 27129417.55

4 2007-05-28 25811348.24

5 2009-12-04 25763921.94

6 2009-11-26 25554079.33

7 2007-05-09 25532866.42

8 2007-05-24 25163250.23

9 2009-08-04 25112507.05

10 2007-05-29 24863029.05

Monthly All-time Highs in Turnover Value

Rank Year/Month Turnover (RMB10,000)

1 200907 473348150.75

2 200705 392825190.85

3 200911 391509476.83

4 200708 355977025.69

5 200706 353325027.52

6 200908 333670929.92

7 200704 320068667.95

8 200912 319499472.05

9 200906 308592940.57

10 200801 307597309.77

Quarterly All-time Highs in Turnover Value

Rank Year/Quarter Turnover (RMB10,000)

1 2009-3 1090366122.12

2 2007-2 1066218886.32

3 2009-4 911044772.45

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4 2007-3 876488190.10

5 2009-2 851774845.98

6 2008-1 644085850.26

7 2007-4 612310862.51

8 2009-1 611933330.54

9 2007-1 499324938.54

10 2008-2 497636039.22

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Top 10 Increases in SSE 180 Index (in percentage)

Rank Increase (%) Date Index at Close

1 9.941 2001-10-23 3252.329

2 9.640 2002-6-24 3145.021

3 9.361 2008-9-19 4646.217

4 9.291 2008-4-24 8467.245

5 9.287 2000-2-14 3611.194

6 9.251 1996-12-18 2492.852

7 8.367 1997-2-19 2647.419

8 8.359 2008-2-4 10962.100

9 8.153 2005-6-8 2131.830

10 8.150 1996-9-23 2380.006

Top 10 Decreases in SSE 180 Index (in percentage)

Rank Decrease (%) Date Index at Close

1 -9.978 1996-12-16 2503.090

2 -9.424 1997-2-18 2443.012

3 -9.292 2007-2-27 5629.336

4 -8.842 1996-12-17 2281.762

5 -8.305 1998-8-17 2686.767

6 -8.166 2008-6-10 7172.485

7 -7.726 2008-1-22 10606.500

8 -7.699 2007-6-4 7768.518

9 -7.569 1997-5-22 3773.982

10 -7.512 1999-7-1 3907.150

Top 10 Increases in SSE 180 Index (in point)

Rank Increase (point) Date Index at Close

1 845.600 2008-2-4 10962.100

2 719.788 2008-4-24 8467.245

3 606.570 2007-8-20 10905.940

4 488.150 2007-11-14 11646.790

5 468.420 2007-11-29 11005.300

6 458.920 2008-1-23 11065.420

7 426.313 2008-8-20 5738.693

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8 419.333 2008-4-30 8875.784

9 400.099 2008-4-7 8533.584

10 398.938 2008-3-28 8623.912

Top 10 Decreases in SSE 180 Index (in point)

Rank Decrease (point) Date Index at Close

1 -888.120 2008-1-22 10606.500

2 -780.400 2008-1-28 10497.910

3 -647.975 2007-6-4 7768.518

4 -637.818 2008-6-10 7172.485

5 -622.945 2007-5-30 8497.412

6 -619.730 2007-11-8 11458.590

7 -595.890 2008-1-21 11494.620

8 -585.530 2007-10-25 12034.160

9 -576.664 2007-2-27 5629.336

10 -551.140 2007-9-11 11459.810

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Top 10 Increases in SSE Composite Index (in percentage)

RankIncrease

(%)Date Index at Close

1 105.269 1992-5-21 1266.490

2 33.457 1994-8-1 445.640

3 30.987 1995-5-18 763.510

4 29.904 1992-11-25 571.630

5 21.371 1994-8-5 683.040

6 20.889 1994-8-3 522.980

7 18.981 1994-8-10 739.560

8 16.436 1993-6-2 1081.200

9 15.522 1992-12-11 722.280

10 13.632 1992-11-30 724.600

Top 10 Decreases in SSE Composite Index (in percentage)

RankDecrease

(%)Date Index at Close

1 -16.394 1995-5-23 750.300

2 -13.076 1993-12-20 783.790

3 -12.675 1994-8-9 621.580

4 -11.751 1993-3-22 1036.920

5 -11.177 1992-10-27 450.280

6 -10.710 1994-10-5 706.420

7 -10.636 1994-10-13 635.390

8 -10.460 1993-3-1 1199.730

9 -10.443 1992-8-11 863.410

10 -10.301 1993-5-24 1026.130

Top 10 Increases in SSE Composite Index (in point)

Rank Increase (point) Date Index at Close

1 649.500 1992-5-21 1266.490

2 351.403 2008-2-4 4672.170

3 304.698 2008-4-24 3583.028

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4 254.576 2007-11-14 5412.694

5 248.281 2007-8-20 4904.855

6 199.939 2007-11-29 5003.333

7 180.620 1995-5-18 763.510

8 179.254 2008-9-19 2075.091

9 178.813 2008-8-20 2523.282

10 169.701 2008-4-30 3693.106

Top 10 Decreases in SSE Composite Index (in point)

Rank Decrease (point) Date Index at Close

1 -354.684 2008-1-22 4559.751

2 -342.394 2008-1-28 4419.294

3 -330.341 2007-6-4 3670.401

4 -281.836 2007-5-30 4053.088

5 -280.715 2007-10-25 5562.394

6 -271.760 2007-11-8 5330.023

7 -268.808 2007-2-27 2771.791

8 -266.079 2008-1-21 4914.435

9 -257.337 2008-6-10 3072.333

10 -241.319 2007-9-11 5113.968

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Major Events and Milestones in SSE History

1990 November 26 SSE made its debut in Shanghai.December 19 SSE commenced operations.

1991 July 8 SSE adopted a centralized depository system for stocks, which set in motion paperless trading.July 15 SSE launched the first stock index.

1992 February 21 China’s first B share company, Shanghai Vacuum Electron Devices, got listed on SSE.May 21 Price limits on shares were lifted to allow for free auction.December 28 T-bond futures trading and clearing system was put into operation.

1993 April 26 SSE put into use the satellite data broadcasting system.May 10 Securities registration company started operation.December 15 SSE rolled out T-bond repo.December 22 SSE launched two-way satellite data communication system.December SSE completed its transformation into a nation-wide market.

1994 August 9 Harbin Shirble became the first company to launch its A-share IPO through online competitive bidding.

October 24 SSE introduced a real-time information disclosure system.1995 April 11 Yizheng Chemical Fiber became the first to offer its A-share IPO shares online at a fixed price.

April 19 SSE launched an automatic A-share inquiry system.May 18 T-bond futures were suspended from trading.

1996 May 18 SSE put into operation the surveillance system.July 1 SSE launched SSE 30 Index.September 24 SSE adopted a trading model that allowed for both physical seat trading and virtual seat

trading, with the latter dominating the market.September 28 SSE made changes to the constituents of SSE 30 index for the first time.December 16 SSE imposed a 10% daily up/down limits on trading prices of shares and funds.

1997 March 1 Disclosure requirement is introduced in share and fund transactions.April Shanghai Stock Communication Co. Ltd was establishedApril 19 SSE implemented a regular meeting system that required board secretaries to attend board

meetings.August 15 SSE was put under the direct administration of the CSRC.December 19 SSE moved to Shanghai Stock Exchange Building.

1998 January 1 The Rules Governing the Listing of Stocks on Shanghai Stock Exchange came into effect.April 1 The Measures of Shanghai Stock Exchange for the Implementation of Designated Stock

Broking System (Trial Implementation) took effect.April 22 SSE began to place the listed companies with abnormal financial status under special

treatment.December 29 The Securities Law of the PRC was adopted at the 6th Meeting of the Standing Committee of

the 9th National People’s Congress.1999 March 3 SSE started a pilot program first in Shenzhen to allow securities companies to open accounts

for investors.June 1 Stamp duties on B share trading were slashed from 4‰ to 3‰.July 1 The Securities Law of the PRC became effective.

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July 2 SSE published the Circular on the Particular Transfer of Shares Suspended from Listing. According to the Circular, shares suspended from listing would be traded on each Friday as Particular Transfer.

November 2 China Jialing became the first to experiment with placement of state-owned shares.November 10 Shanghai Pudong Development Bank was listed on SSE, the first listing of a bank issue at

SSE.December 6 Shenergy's proposal to buy back its state-owned legal person shares won the approval of the

CSRC. December 18 SSE broke ground for SSE satellite communication earth station.December 25 The National People’s Congress adopted the Decision on Revising the Company Law of the

PRC and the Amendment to the Criminal Law of the PRC.2000 February 13 In a move to reform share issue method, the CSRC issued the Circular on Relevant Issues

Concerning Placing New Shares to Secondary Market Investors.February 23 Hongqiao Airport issued convertible bonds, the first additional convertible bond sale by a listed

company in China.March 14 The CSRC announced that transferred rights shares could be traded in the market starting

from April.June 17 SSE lifted the daily down limit on shares labeled PT (particular transfer), with the 5% daily up

limit remained unchanged.July 6 The number of listed companies on China’s two bourses in Shanghai and Shenzhen topped

1000, making China one of the top 10 markets in the world in terms of the number of listed companies.

November 2 SSE unveiled the Guidelines on Corporate Governance of Listed Companies (Draft).December 12 Baoshan Iron & Steel, China's largest steel maker better known as Baosteel, made its public

debut on SSE.2001 February 20 Following the approval of the State Council, the CSRC decided to allow domestic residents to

open accounts for B-share trading.March 31 China Securities Depository & Clearing Co., Ltd was incorporated in Beijing, with a branch in

Shanghai and Shenzhen respectively.April 24 PT Narcissus was delisted from SSE, the first time in the history of China’s stock market that

a listed company was removed. As a result, the number of listed companies on SSE fell from 608 to 607.

June 8 SSE released its new listing rules.June 14 SSE Composite Index hit 2245.43, a new high for the year and also a historic new high. June 22 China Petroleum & Chemical said in its IPO prospectus that it would sell up to 2.8 billion

shares, the largest-ever A share floatation.August 17 China's first open-end fund, Hua’an Innovation Fund, was approved to be launched.November 16 Stamp duties on both A share and B share trading were reduced to 2‰.

2002 January 10 The CSRC and State Economic & Trade Commission jointly released the Code of Corporate Governance for Listed Companies.

January 15 The Supreme People’s Court issued the Circular on Relevant Issues Concerning Acceptance of Cases of Disputes over Civil Tort Arising from False Statement in the Securities Market, signaling the introduction of civil compensation mechanism in China’s securities market.

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February 25 SSE and Shenzhen Stock Exchange (SZSE) revised Chapter 10 (Suspension of Listing, Resumption of Listing and Termination of Listing) of the Listing Rule, which put an end to the particular transfer system (PT).

April 5 The CSRC, the State Development Planning Commission, and the State Administration of Taxation jointly promulgated the Circular on Adjusting the Standards for Commission Fees on Securities Transactions, under which a floating commission ratio would be adopted from May 1.

June 4 The CSRC promulgated the Rules on the Establishment of Securities Companies with Foreign Equity Investment and the Rules on the Establishment of Fund Management Companies with Foreign Equity Investment, marking a milestone in China’s opening up of its capital market to the outside world.

June 25 The State Council called halt to the reduction of state-owned shares of listed companies on the securities market.

July 1 SSE formally launched SSE 180 Index in substitution of SSE 30 Index.October 7 The International Federation of Stock Exchanges accepted SSE and SZSE as its full members

at its 42nd annual meeting.October 17 The CSRC gave nod to the establishment of China’s first Sino-foreign fund management

company, Guotai Junan Allianz Fund Management, a joint venture between Guotai Junan and Allianz Group.

October 23 China’s first open-end pure bond fund, China Bond Investment Fund, was launched.November 8 The CSRC announced China would implement a qualified foreign institutional investors (QFII)

program on December 1, which indicated China had opened its securities market to qualified foreign investors.

December 13 CITIC Securities launched its IPO, the first pubic share sale by a domestic brokerage.December 19 SSE launched its new website.December 28 Shang Fulin took office as the chairman of the CSRC. Former CSRC chairman Zhou Xiaochuan

was appointed as Governor of the People’s Bank of China.2003 January 2 SSE launched SSE T-bond Index, which plugged a gap in bond index series.

January 10 SSE rolled out block trade business.January 21 The CSRC, SSE and the Global Corporate Governance Forum jointly hosted a symposium

called Global Corporate Governance Reform: Challenge and Opportunity. March 3 SSE and SZSE changed the tick size for fund trading from RMB 0.01 to RMB 0.001.March 15 SSE carried out a large-scale free consulting service campaign in 10 cities throughout China

on March 15, the Consumers’ Day, for protecting the interests of investors. April 4 SSE and SZSE issued the Circular on Relevant Issues Concerning Strengthening Risk Alerts of

Listed Companies with Delisting Risks. According to the Circular, a *ST label would be added before the name of a stock that is under special treatment and involves delisting risks.

April 9 The former and new majority shareholders of Nanjing Iron & Steel disclosed a report on the changes in their shareholdings and another report on tender offer, the first tender offer in China’s securities market.

April 14 SSE InfoNet Co., Ltd. announced its establishment.May 19 SSE rolled out 2-day T-bond repo. As a result, a complete product line of T-bond repo with a

term less than 7 days was created.July 7 SSE built a broadband broadcasting system.

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August 19 SSE held a forum called the Capital Market and Enterprise Development: Listed Companies CEO Forum.

August 20 SSE’s block trade system was up and running.September 1 SSE Research Center published the 2003 China Corporate Governance Report.September 30 TCL Group said it would acquire and merge with its subsidiary TCL Communications for an

overall listing. The landmark deal was the first of its kind in China’s securities market. October 28 The Securities Investment Fund Law of the PRC was adopted with effect from June 1, 2004.November 5 Shanggong Co. was granted approval to issue up to 100 million additional domestically listed

foreign capital shares, or B shares, to specific investors. It was the first refinancing deal in approximately three years on the B share market.

November 18 Wuhan Iron & Steel said in a statement it would launch both private placement of state-owned legal person shares and public offering of tradable shares in the coming additional share sale with an aim to list the principal assets of its group as a whole, a brand new model of financial innovation in China.

December 8 SSE adjusted the displayed offer/bid prices and would provide on a real-time basis 5 best offer/ bid prices via the broadband broadcasting system and synchronous digital hierarchy (SDH).

December 28 The CSRC issued the Interim Measures for the Sponsorship System for Offering and Listing of Securities.

2004 January 2 The SSE 50 Index made it debut on the first trading day of the new year, which opened at 997 and ended the day at 1011.35 after hitting an intra-day high of 1021.57.

January 9 SSE-sponsored Annual Investor Education Network Conference & Workshop on Investor Relations of Listed Companies was held in Shantou city of South China’s Guangdong province. The conference passed the Self-Regulatory Convention on Investor Relations Management by Listed Companies.

January 15 SSE announced the availability of its new broadband broadcasting system, a new one-way digital broadcasting system.

February 20 With one-year’s consistent effort, SSE completed construction of the phase I of its TB-level data warehouse, the largest and most comprehensive of its kind in China.

July 12 SSE’s Disaster Recovery Center was put into operation, which further enhanced its disaster resistant and recovery capability.

August 10 After one-year’s hard work, SSE completed construction of its Index PC Cluster R & D Environment Project, a bold attempt made by SSE in technical innovation which set a model in China in applying PC Cluster technology to the financial industry.

November 10 SSE completed model selection for its new-generation trading system by signing a contract with Accenture, HP, Deutsche Boerse and IBM.

November 23 With the approval of the CSRC, SSE launched T-bond outright repo, a move with positive significance for risk control on the capital markets.

November 29 SSE and SZSE jointly released the amended Rules Governing the Listing of Stocks on Shanghai Stock Exchange (2004 Revision) and the Rules Governing the Listing of Stocks on Shenzhen Stock Exchange (2004 Revision), with effect from December 10.

December 13 SSE and SZSE announced their reform plan on annual membership fee structure. The new structure, to be effective within the year, would be based on order flow in lieu of the fixed annual fee structure.

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December 23 The SSE Shareholder Voting Platform passed expert appraisal.December 30 China’s first exchange traded fund, SSE 50 ETF, was launched with an initial offering of up to

5.435 billion units.2005 January 24 With the approval of the State Council, the Ministry of Finance cut the securities trading stamp

duty by half from 2‰ to 1‰, effective from January 24.February 3 Huadian Power International, the first company that launched IPO using the book-building

method, made a high-profile debut on SSE. The stock opened at RMB 3.70 and closed at RMB 4.51 after touching an intra-day high of RMB 5.35, with an average trading price of RMB 4.01.

February 20 SSE imposed a limit on the offer/bid prices for SSE 50 ETF on the first trading day. The net value of the fund unit on the trading day immediately preceding the listing date was taken as the opening reference price, with the trading price moving around the base price within a band of 10%.

March 1 SSE 50 ETF won the award of the Most Innovative Product in China from Asia Asset Management magazine.

April 4 SSE 50 ETF was granted the Most Innovative ETF Award, Asia Pacific of Global ETF Awards in 2005 from the US Exchangetradedfunds.com and the UK International Fund Investment magazine.

April 8 Shanghai and Shenzhen 300 Index was officially launched. The index, later known as CSI Index, was the fruit of concerted efforts by China’s two bourses. It used December 31, 2004 as the base day with a base point of 1000. The code of the index is 000300 on SSE and 399300 on SZSE.

April 26 SSE T-bond Index closed at the historic high of 101.89.May 8 Tsinghua Tongfang, Sany Heavy Industry, Zijiang Enterprise and Jinniu Energy became the

forerunners in the non-tradable share reform.May 13 SSE became the first in China’s securities industry to be granted the direct membership of

Extensible Business Reporting Language (XBRL) International Organization.June 8 Shanghai and Shenzhen indices saw their highest daily increases of 8.21% and 8.38%

respectively since the June 24 Bull Run in 2002. It was also the fourth biggest daily advance in indices ever since the adoption of the daily trading limit system.

June 10 Sany Heavy Industry’s share reform plan was adopted at the shareholders’ meeting with overwhelming approval. It was the first listed company to have its share reform plan adopted and implemented since China’s launch of the pilot program for non-tradable share reform.

June 14 In support of the non-tradable share reform, SSE issued the Interim Measures for the Administration of Warrant Business, symbolizing a significant step toward the launch of warrants.

July 18 SSE and SZSE respectively promulgated the Interim Measures for the Administration of Warrant Business, which covered the definition, types, issuance, listing, performance guarantee, trading, exercise as well as penalties on breaches with regard to warrants.

July 19 After more than one year’s preparation and all-out effort, the Rules on Handling Subscription, Purchase and Redemption of Open-end Funds (Trial Implementation) hammered out by SSE were endorsed by the CSRC. Such business was called SSE FundTrade for short.

July 22 SSE launched the block bond trade bilateral quotation business for some institutional market participants. The Detailed Implementation Rules for Block Trades were modified accordingly.

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July 28 The National Information Security Application Demonstration Project ("S219 Project"), to which SSE was a participant, won the First Shanghai Science and Technology Progress Prize.

August 22 Trading in warrants was restarted after being banned in 1996. The 387.7 million units of a call warrant based on the shares of Baoshan Iron & Steel made debut on SSE.

August 23 Following the approval of the State Council, five State Ministries and Commissions, namely, the CSRC, the State Assets Supervision and Administration Commission, the Ministry of Finance, the PBOC and the Ministry of Commerce, jointly promulgated the Guiding Opinions on Non-tradable Share Reform of Listed Companies. On September 4, the CSRC officially announced the Measures for the Administration of Non-tradable Share Reform of Listed Companies. On September 7, SSE, SZSE and China Securities Depository & Clearing Co., Ltd. jointly released the Implementation Guidelines on Non-tradable Share Reform of Listed Companies. So far, all the supporting documents relating to the share reform were in place.

August 26 China International Capital Co., Ltd. successfully launched Unicom CDMA Network Lease Fee Income Scheme, raising RMB 3.2 billion. It was the first special asset management scheme ever approved by the CSRC. On September 6, SSE’s block trading system began providing transfer service to the scheme.

September 12 The non-tradable share reform had entered a phase of steady development. 12 listed companies including Shanghai Automotive and Minsheng Bank became the forerunners at SSE to carry out the reform of non-tradable shares.

September 23 China Securities Index Co., Ltd. was established in Shanghai. The indexing firm is a 50-50 joint venture between SSE and SZSE.

October 31 SSE-developed China Listed Company Information Disclosure Taxonomy Framework, or China XBRL Taxonomy, became China’s first taxonomy to be granted Acknowledged status by XBRL International.

November 2 The State Council endorsed the Opinions on Improving the Quality of Listed Companies formulated by the CSRC.

November 22 SSE issued the Circular on Relevant Issues Concerning Creation of Warrants on the Shares of Wuhan Iron & Steel by Securities Companies, under which, securities companies eligible for pilot innovations as recognized by the Securities Association of China were qualified for creating such warrants. On November 25, as many as 10 securities companies created a combined 1.127 billion Wuhan Iron & Steel put warrants. On November 30, cancellation was introduced in the warrants market for the first time with a total of 143 million Wuhan Iron & Steel put warrants cancelled.

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December 19 SSE completed the data warehouse project, the largest TB-level data warehouse in China’s financial industry. SSE data warehouse was the largest civil data warehouse in China’s securities market and also one of the three largest stock exchange data warehouses in the world. To meet the need of the on-going share structure reform and market demand, SSE announced it would launch a new SSE Composite Index on the first trading day of 2006. As a fresh benchmark for investors, the new index would select SSE-listed companies that had completed share structure reform as the constituents to track the movement of such companies. The index would be based on the combined market capitalization of all the index constituents on December 30, 2005, with a base point of 1000. The new SSE Composite Index would be called SSE New Composite Index for short and its code would be 000017.

2006 January 4 SSE launched SSE New Composite Index, which selected SSE-listed companies that had completed the non-tradable share reform as the constituents and took December 30, 2005 as the base day and the total market capitalization of all the index constituents on the same day as the base period, with a base point of 1000.

January 5 The Ministry of Commerce, the CSRC, the State Administration of Taxation, the State Administration for Business & Commerce and the Sate Administration of Foreign Exchange jointly promulgated the Measures for the Administration of Strategic Investment in Listed Companies by Foreign Investors. The CSRC released the Measures for the Administration of Stock Incentive Plans of Listed Companies (Trial Implementation).

February 16 The Ministry of Finance promulgated 39 accounting standards and 48 auditing standards. Listed companies were required to adopt the new accounting rules from January 1, 2007.

March 21 The CSRC released the Guidelines on the Articles of Association of Listed Companies (2006).May 8 The Measures for the Administration of Offering of Securities by Listed Companies promulgated

by CSRC became effective. New pledge-style T-bond repo was launched.May 12 SSE issued the revised Stock Listing Rules following the revision of the Securities Law. It was

SSE’s 5th revision of the Rules ever since. May 15 SSE issued the Trading Rules of Shanghai Stock Exchange.May 16 The CSRC approved China Yangtze Power’s request for issuing warrants, which marked the

first step towards the resumption of share sales following the non-tradable share reform.May 18 SSE 180 ETF was listed.June 5 SSE issued the Guidelines on the Internal Control of Listed Companies.June 23 Datong Coal was listed on SSE. It was the first IPO listing since the regulatory authority

suspended all IPOs the previous year to pave way for the non-tradable share reform program.July 1 The newly revised Trading Rules of Shanghai Stock Exchange became effective. Call auction

was revised to open call auction.July 5 SSE-developed China Fund Company Information Taxonomy Framework was granted

Acknowledged status by XBRL International.July 18 SSE formally launched Level-2 market data.August 1 The CSRC issued the Measures for the Administration of Takeover of Listed Companies,

with effect from the same day, which created a market-driven system for taking over listed companies.

August 9 Fund Xingye was delisted. It was the first SSE-listed closed-end fund to be converted into an open-end fund.

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August 30 The warrant on Baoshan Iron & Steel expired and was exercised, indicating that the first warrant launched for facilitating the non-tradable share reform ceased trading in due course.

September 8 China Financial Futures Exchange was officially inaugurated. It was co-invested by SSE and other four domestic exchanges and is the 4th futures exchange and the first financial derivative exchange in China.

October 9 The prefix G was deleted from the short name of listed companies that had completed the non-tradable share reform, while an S was placed before the short name of companies that were yet to finish the reform. This meant the non-tradable share reform had been largely completed.

October 16 SSE was elected to the WFE Board and SSE Chairman Mr. Geng Liang was elected as a Board member.

October 27 Industrial and Commercial Bank of China (ICBC) was listed on SSE. It raised RMB 46.6 billion from the share sale, the largest-ever IPO listing since SSE’s inception. ICBC was also the first company to conduct a simultaneous A+H dual listing at the same offering price.

November 29 China’s first-ever convertible bond with detachable warrant, the convertible bond of Maanshan Iron & Steel, was listed on SSE.

December 14 SSE Composite Index hit a 16-year historical high of 2250.32 points.December 19 SSE’s public inquiry hotline was in operation.

2007 January 8 A special share sector called S Sector was established. S shares are subject to a daily price up/down limit of 5%

January 18 SSE Dividend ETF was listed.February 2 SSE released the Measures for the Administration of Information Disclosure by Listed

Companies.March 29 SSE and OECD jointly held the OECD - Policy Dialogue on Corporate Governance in China.April 17 SSE signed a MOU with Karachi Stock Exchange.April 19 SSE promulgated the Detailed Implementation Rules of Shanghai Stock Exchange on the

Participant Business Unit (PBU).April 20 SSE’s Third-generation Surveillance System passed CMMI certification and obtained China’s

first CMMI3 certificate in the securities industry.May 1 The Rules of Shanghai Stock Exchange on the Administration of Members became effective.May 8 The Participant Business Unit (PBU) was formally put into operation.May 15 SSE released the Detailed Implementation Rules of Shanghai Stock Exchange on Designated

Trading.May 30 Equity transactions at SSE set new records, with RMB 271.2 billion worth of shares traded,

25.70 million transactions executed, 19.72 million valid orders placed, and 20.6 billion shares changing hands.The capacity of the Trading System was expanded to 55 million orders and 71 million transactions per day.

June 7 SSE signed a MOU with Cairo & Alexandria Stock Exchanges (CASE).June 8 The old and new pledge-style repos in treasury bonds were integrated, putting an end to the

old pledge-style repos.June 21 China Southern Airlines warrant, China’s first warrant product settled in cash, was listed on

SSE.July 6 SSE released the Measures of Shanghai Stock Exchange for Pilot Transactions on the

Integrated Electronic Platform for Fixed-income Securities.

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July 7 The State-owned Assets Supervision and Administration Commission and China Securities Regulatory Commission (CSRC) jointly promulgated the Interim Measures for the Administration of the Transfer of Shares of Listed Companies Held by State-owned Shareholders.

July 11 SSE announced the Performance Indicators for Primary Dealers of Warrant Business.July 25 SSE issued the Detailed Implementation Rules of Shanghai Stock Exchange on Bond

Transactions (Revision).July 25 The Integrated Electronic Platform for Fixed-income Securities was put into trial operation. 07

T-bond (11) became the first T-bond to be listed on the Electronic Platform.CSI 300 Sector Indices were launched.

August 4 The combined market capitalization of SSE and Shenzhen Stock Exchange breached the RMB 20 trillion mark for the first time.

August 13 SSE signed the Memorandum on Cross-market Supervision of the Stock Market and the Stock Index Futures Market with China Financial Futures Exchange (CFFEX).

August 29 SSE released the Rules on the Listing of Securities Investment Funds on Shanghai Stock Exchange (Revision).

September 17 China Construction Bank raised RMB 58.05 billion in SSE’s largest IPO.September 18 SSE promulgated the Rules on the Listing of Corporate Bonds.September 24 China’s first corporate bond, 07 Yangtze Power Corporate Bond, was issued through both

online public offering and off-line private placement.October 9 China Shenhua overtook China Construction Bank with its record RMB 66.582 billion IPO to

become SSE’ largest IPO.October 12 07 Yangtze Power Corporate Bond, the first domestic corporate bond, was listed on SSE’s

Integrated Electronic Platform for Fixed-income Securities.October14-19

SSE hosted the 47th General Assembly and Annual Meeting of the World Federation of Exchanges (WFE).

October 16 SSE Composite Index hit its all-time high of 6124.04 points.October 16 SSE signed a MOU with Istanbul Stock Exchange.November 5 Petrochina raised RMB 66.8 billion from its initial public offering, making it the ever-largest IPO

in the history of SSE.November 19 SSE released the Interim Regulations on the Review System and announced the members of

the Review Committee.November 20 SSE signed a MOU with Hochiminh Stock Exchange (HOSE).December 10 SSE 180 Financial Index was launched.December 29 SSE Corporate Governance Sector was established.

2008 January 2 SSE and China Securities Index Co., Ltd. (CSI) officially launched the SSE Corporate Governance Index.

January 21 With the approval of China Securities Regulatory Commission (CSRC), the electronic offline IPO solution for Shanghai market and relevant detailed rules were released.

January 28 SSE issued the Urgent Circular on Prevention of Heavy Snows to members to address the impact of snow storms in Southern China on market operations.

February 1 SSE and CSI jointed announced that the detailed rules on the free float of all SSE and CSI constituent indices would be adjusted from that day.

February 18 The investor education department was established to step up investor education and protection in an all-round way.

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February 29 SSE published the Operating Rules of Shanghai Stock Exchange on Setting the Capacity of the Trading System

March 25 The project of SSE Shanghai Bamboo Park Financial Development Base was approved.March 25 The Guidelines on the Contents and Formats of Specific Asset Management Contracts were

promulgated, marking the substantial implementation of separate account management by fund managers

March 26 In response to the abnormal trading in China Southern Airlines warrants, the surveillance straight-through processing mechanism was initiated to provide aid in probing into the situation.

March 27 The electronic offline IPO platform was put into formal operation and the system functioned properly.

April 1 SSE issued the Contingency Plan of Shanghai Stock Exchange for Responses to Extraordinary Circumstances During Trading.

April 1 SSE issued a written decision of review to Daqing Lianyi, completing all the required review procedures for delisting of the company.

April 21 SSE issued the Operational Guidelines of Shanghai Stock Exchange for the Transfer of Shares Released from Sale Restrictions on the Block Trading System.

April 21 SSE and Shenzhen Stock Exchange (SZSE) issued a circular on relevant issues concerning implementing the CSRC’s Guiding Opinion on the Transfer of Shares of Listed Companies Released from Sale Restrictions, which was the first policy in support of the Guiding Opinion.

April 23 With the approval of the State Council, the Ministry of Finance and the State Administration of Taxation decided to slash share trading stamp tax from 3‰ to 1‰, effective from April 24, 2008. The tax would be levied on both parties to the equity transfer deed for the trading, inheritance or donation of A Shares or B Shares.

April 25 Zijin Mining became the first company to launch its A-share IPO on SSE with a par value less than RMB 1 apiece.

May 8 SSE issued the Detailed Implementation Rules of Shanghai Stock Exchange on the Administration of Securities Trading Activities of Members’ Clients.

May 9 SSE issued the Circular on Urging Shareholders of Listed Companies to Seriously Implement the Rules on Selling the Shares Released from Sale Restrictions to SSE-listed companies, which required listed companies to send a written letter to their shareholders with 1% or more of the restricted shares, urging them to implement relevant rules earnestly.

May 14 SSE issued the Guidelines of Shanghai Stock Exchange on Real-time Monitoring of Abnormal Securities Trading.

May 19 SSE suspended market trading for 3 minutes starting from 14:28 on May 19 to mourn for Sichuan earthquake victims.

May 20 The CSRC’s Department of Listed Company Supervision issued the Guidelines on the Reporting of Major Asset Restructuring of Listed Companies. SSE’s Department of Listed Companies issued the Memorandum on Information Disclosure of Major Asset Restructuring of Listed Companies No.1 and No.2, namely, the Procedures for Handling Information Disclosure and the Guidelines for Financial Advisory Business for Major Asset Restructuring of Listed Companies (Trial Implementation).

May 27 SSE issued the Guidelines for Special Trading Sessions on Block Trading System (Trial Implementation).

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May 28 SSE’s Department of Listed Companies issued the Memorandum on Information Disclosure of Major Asset Restructuring of Listed Companies No. 3: the Form of Basic Information on the Major Asset Restructuring Pre-plan to listed companies, requiring listed companies to fill in and submit the form together with their trading suspension applications if they apply to SSE’s Department of Listed Companies for continuous trading suspension due to major asset restructuring.

June 2 SSE and China Securities Depository & Clearing Co., Ltd. (SD & C) jointly released the Circular on Relevant Issues Concerning Cash Settlement for Exercise of China Southern Airline Warrants. It was the first rule in China in this regard.

June 20 The first special trading session on the block trading system was held.June 20 SSE granted certificates to the first group of qualified investors.June 20 China Southern Airline Put Warrants expired and were delisted. June 28 SSE successfully hosted a massive emergency exercise involving all its members for transfer

of SSE’s key functions to off-site locations in the event of emergencies. June 30 SSE issued the Circular on Proper Handling of Disclosure of Interim Reports 2008 of Listed

Companies. According to the Circular, when analyzing and stating other significant events and their impact and relevant solutions, listed companies should not only disclose its securities investments and equity participation in non-listed financial enterprises, but also the promises on share sale restriction made by shareholders with 5% or more shareholdings, including their voluntary extension of the lock-up period, and their setting or raising of the minimum share sale price.

July 1 SSE decided to waive 2008 annual listing fees for 71 listed companies in earthquake-stricken Sichuan, Gansu and Shaanxi Provinces and Chongqing Municipality, the initial listing fees and annual listing fees for companies from these areas to be listed on SSE in 2008, and the listing fees for convertible bonds with detachable warrants from these areas to be issued and listed in 2008.The above companies' secretaries and other senior management will also be exempted from training fees in 2008. Moreover, 24-hour technical support and door-to-door service will be provided for member companies in the disaster-hit areas.

July 1 SSE issued the Detailed Implementation Rules of Shanghai Stock Exchange on Disciplinary Actions.

July 4 SSE issued the Detailed Implementation Rules on the Management of Technologies in Members’ Trading System and Relevant System.

July 18 SSE issued the Strategic Plan of Shanghai Stock Exchange (June 2008) and the Strategic Plan of Shanghai Stock Exchange for Technology Development (June 2008).

August 1 The project of integration and expansion of SSE’s data warehouse was completed.August 26 The rules on the management of postdoctoral research fellows were adopted and the first

batch of postdoctoral fellows entered SSE’s postdoctoral center.August 29 SSE formulated and issued the Guidelines for Increase of Shares of Listed Companies by

Shareholders and Persons Acting in Concert in an attempt to regulate shareholders’ and concerted parties’ increase of stake in listed companies.

September 2 SSE published Memorandum No. 4 and No. 5 to further regulate information disclosure of major asset restructuring by listed companies.

September 4 SSE promulgated the Rules Governing the Listing of Stocks on Shanghai Stock Exchange (2008 Revision).

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September 10 SSE formally launched the SSE 180 Corporate Governance Index.September 25 SSE released the Guidelines of Shanghai Stock Exchange on the Behavior of Individual

InvestorsSeptember 25 SSE amended the Guidelines for Increase of Shares of Listed Companies by Shareholders and

Persons Acting in Concert.September 26 SSE issued the Detailed Implementing Rules of Shanghai Stock Exchange on Bond

Transactions to further promote the development of the bond market.October 6 SSE issued the Circular on Waiving Relevant Fees on Bond Spot and Repo Transactions.

According to the Circular, from October 6, 2008 to November 30, 2009, spot and repo transactions of T-bonds, enterprise bonds and corporate bonds (including convertible bonds) on the auction trading system, the block trading system and the fixed income platform would be exempt from handling fees and traffic fees to be paid by trading participants to SSE as well as the use fees and transfer rate fees for bond spot and repo transactions executed through the Participant Business Unit.

October 7 The mode of order placement and quotation for corporate bonds is adjusted. Orders for corporate bond transactions will be placed through securities accounts instead of the Participant Business Unit and the corporate bonds will be quoted at clean price, instead of gross price, and be settled at gross price.

October 13 SSE attended the 48th WFE General Assembly and Annual Meeting and was re-elected as a board member of the WFE.

October 13 SSE completed the work in relation to securities account-based trading of original enterprise bonds.

October 13 SSE signed MOU with the Tel Aviv Stock Exchange, the only stock exchange in Israel.October 14 SSE signed MOU with Malta Stock Exchange.October 20 SSE and HKex signed an agreement on basic real-time market data collaboration programme

(the market data for the companies with listings in the two markets, or A+H).October 25 SSE conducted its first market-wide test for margin trading and short sales and made further

preparation for the launch of the business.October 27 SSE started technical preparation for CSI 300 ETF.November 19 SSE formally launched SSE Corporate Bond Index and Detachable Convertible Bond Index.December 1 The convertible bonds with detachable warrants were allowed for new pledge-style repo

transactions.December 1 SSE issued the Measures of Shanghai Stock Exchange on the Administration of the

Qualifications of Board Secretaries of Listed Companies and the Measures of Shanghai Stock Exchange on Performance Appraisal of Board Secretaries of Listed Companies.

December 15 SSE formally launched 3 SSE thematic investment indices, namely, SSE 180 Infrastructure Index, SSE 180 Natural Resource Index and SSE 180 Transportation Index.

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World Securities Markets

Statistics on Stock Exchanges around the World (as at end of December 2009)

Exchange Year-end IndexNumber of Listed Companies Market Cap

(US$ million)Turnover (US$ million)

Local Foreign

NYSE 7184.96 (NYSE Composite Index) 2669 495 11837793.317784586.2

Nasdaq2269.15 (Nasdaq Composite

Index)2 569 283 3239492.4

28951348.5

TSX11746.11 (S&P/TSX Composite

Index)3624 76 1608053.5

1245457.4

LSE 2760.80 (FTSE All-Share) 2179 613 2796444.33402495.6

Euronext 2789.32 (SBF250) 990 170 2869393.11971920.8

Deutsche

Börse AG320.32 ( CDAX) 704 79 1292355.3

2240330.7

ASX 4882.70 ( All Ordinaries) 1882 84 1261909.3966985.5

Tokyo

Stock

Exchange

907.59 (TOPIX Index) 2320 15 3306081.93987776.8

SGX 2895.77 (Straits Times Index) 459 314 481246.7247069.1

Korea

Exchange1682.77 (KOSPI Composite Index) 1778 9 834596.5

1575190.4

Bursa

Malaysia8507.61 (FBM Emas) 952 7 289219.4

86213.6

National

Stock

Exchange

of India

4329.10 (S&P CNX 500 Index) 1453 0 1224806.4791930.1

Stock

Exchange

of Thailand

734.54 (SET Index) 535 0 176956.1127141.0

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HKEx25564.96 (S&P/HKEx LargeCap

Index)1308 11 2305142.8

1501689.1

Taiwan

Stock

Exchange

8188.11 (TAIEX) 741 14657609.5 909717.4

Source: http://www.world-exchanges.org

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Major Publications

SSE Monthly StatisticsSSE 180 Index QuarterlyShanghai Securities YearbookSSE Annual ReportSSE Statistical YearbookSSE Fact BookInvestor Education Book SeriesFocus

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300 2010 市场资料

历年统计资料

301 2010 市场资料

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上证

中证

Shanghai Zhengquan Jiaoyisuo

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上海证交所 CNINDEX

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上证所 ETFsUCI CSI

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