Recently news, the company announced by 30 June 2005 the first fiscal quarter financial results are as follows:

By June 30, 2005 the first quarter net sales for 3.9 billion yuan, and in the same quarter last year in June, compared with an increase of 17 million yuan.

Deduct intangible amortization, restructuring and other costs, the first quarter net income increased by 27% to 99.6 million yuan, or diluted share net income 17 points, compared with the same quarter last year, the net income is only 78.3 million yuan, or diluted share net income 14 points. After the quarter amortization, restructuring and other fees for 41 million yuan, the same period last year for 4 million yuan. Therefore, the first quarter in accordance with generally accepted accounting principles calculation of net income reduced 15.6 million yuan, 58.7 million yuan, or diluted net income per share ten points, and the same quarter last year in accordance with generally accepted accounting principles calculation of net income for 74.3 million yuan, or diluted net income per share 13 points.

By June 2005, in the first quarter of tangible assets rate of return (hereinafter referred to as "ROITC") increased to 25%, the same period last year 18% rate of return of tangible assets; And by the end of 2005 June quarter rate of return on invested capital (hereinafter referred to as "ROIC") is 9%, the investment of the same period last year 8% rate of return on capital. This quarter the company's capital turnover cycle for twenty days. Restructuring costs deducted the operating margin seventh straight quarters, increasing 3.4%.

The company in the quarter cash for 830 million yuan, and 30 June 2004 increased by 165 million yuan, and the debt is reduced 217 million yuan. This suggests that, nearly 12 months the company's net debt reduces the 382 million yuan.