000013SZSE

Summary of Annual Report 2003 for *ST Petrochemical A

*ST Petrochemical A Co., Ltd.··12 pages

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Shenzhen Petrochemical Industry Group Co., Ltd 2003 Annual Report Summary §1 Important Notice 1.1 The company's board of directors and its directors guarantee that the information contained in this report contains no false statements or misleading statements or major omissions, and bear individual and joint responsibility for the authenticity, accuracy, and completeness of its content. Original The annual report summary is excerpted from the full annual report. Investors who wish to understand the details should read the full annual report. 1.2 No director declares that the truthfulness, accuracy, or completeness of the annual report cannot be guaranteed or disputes exist. 1.3 All directors attend the Board of Directors. 1.4 Huazheng Certified Public Accountants issued an audit report with disclaimer of opinion for the company, and the company's directors The meeting and the board of supervisors have also provided detailed explanations on related matters, so investors are advised to read carefully. 1.5 The Company's Chairman Mr. Li Nujiang and Head of the Accounting Department Mr. Wu Xianbiao declar: The annual report is guaranteed The financial accounting report is truthful and complete. 1.6 Due to the company's losses for three consecutive years in 2001, 2002, and 2003. According to the Shenzhen Stock Exchange According to the relevant provisions of the "Stock Listing Rules," the Shenzhen Stock Exchange will publish the company's 2003 annual report from the company From that date, the company's stock will be suspended, and the suspension of the company's stock will be made within ten working days after the suspension The decision to go public. The Board respectfully reminds investors to pay attention to investment risks.

§ 2Introduction to the Basic Information of the Listed Company
2.1Basic Information Overview
Stock abbreviation*STPetrochemicalA 、*ST Petrochemical B
Stock code000013200013
Listed ExchangesShenzhen Stock Exchange

Registered address: Petrochemical Building, Hongli West Road, Shenzhen Registered address and office address Office address: No. 45, Wuhe South Road, Bujibantian, Longgang District, Shenzhen Postal Code: 518112 Email spec0013@vip.sina.com 2.2 Contact Person and Contact Information Board Secretary

NameCai Jianping
Contact addressNo. 45, Wuhe South Road, Buji Bantian, Longgang District, Shenzhen
Phone(86)755-84190844
Fax(86)755-84190844
Emailspec0013@vip.sina.com

1

§3 Summary of accounting data and financial indicators 3.1 Key Accounting Data Unit: (RMB) yuan 2002 (previous year adjustment) This year is an increase compared to the previous year. 2002 (previous year adjustment). 2003 (this year) 2001 (after rounding) minus (%) before rounding) Main business revenue 0 614,678,141.24 -100.0% 614,678,141.24 724,093,611.10 Total profit -327,934,019.24 -478,564,399.70 --- -482,171,897.32 -1,575,571,162.69 Net profit -327,934,019.24 -443,348,466.65 --- - 446,955,964.27 -1,575,991,936.86

Deduct non-recurring losses -149,845,316.35 -136,618,467.76 --- -136,618,467.76 -713,704,512.90 net profit of the company

2003Year-end2002Year-endYear-end compared to last year2001Year-end
(End of this year)(End of last year)Ending Change (%)
Total assets212,618,769.20740,693,152.35-71.3%740,693,152.351,006,699,813.15

Shareholders' equity (exclusive -2,406,260,135.05 -2,073,577,466.68 --- -2,097,000,624.30 -1,645,312,072.30 Minority Interests) Generated by business activities -781,262.64 9,683,853.83 -108.1% 9,683,853.83 7,829,760.11 Net cash flow

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