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• Revenue: -44.2% (2Q09), -33.9% (1H09)
• Net Profit: -80.5% (2Q09), -78.0% (1H09)
• Outlook: The downturn in the economy is seeing some initial recovery.
• However, this recovery has not had a direct impact on consumer spending.
• The Group’s performance would therefore, continue to be affected by lower demand for the Group’s products.
• The corrugated paper packaging product business is expected to face increased competition.
• The Group will intensify efforts to increase its market share for PET chips. However, to maintain margins, production of PET chips would be increased proportionate to demand.
• Gross profit margin will continue to be vulnerable to the volatility of oil prices which has an impact on principal raw materials used by the Group.

FINANCIAL RECORDS

Revenue (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 260,868 272,487
2008 318,010 488,433 322,792 259,994 1,389,229
2007 262,244 280,464 287,535 135,609 965,852
2006 244,600 258,930 283,759 153,897 941,186
2005 224,139 237,690 277,049 170,233 909,111
2004 NA NA 253,433 155,279 824,706
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Earnings (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 11,658 8,885
2008 47,573 45,672 22,653 (63,555) 52,343
2007 44,728 49,815 46,861 7,222 148,626
2006 41,409 47,096 39,233 9,103 136,841
2005 40,515 46,816 48,446 8,299 144,076
2004 NA NA 47,737 4,621 145,390
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Dividends

FY Interim Final Special (RMB)
2009 NA
2008 NA 0.005 NA
2007 NA 0.010 NA
2006 NA 0.017 NA
2005 NA 0.046 NA
2004 NA 0.062 NA
2003 NA 0.072 NA
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Bonus / Rights / Stock Split

Date Type Details
2008-06-05 Bonus OFFER OF 1 FOR 10
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Share Data (RMB)

NAV = $1.40
EPS = $0.0233 (6M FY09)
Diluted EPS = $0.0230 (6M FY09)
No of Shares = 883,477,752
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA