1231

-1-

( )
( )
( )
( )
( )
( )
( )
( )
( )
( )

( )
1.
2.
3.
( )

-2-

1
2
3 4
5
6 7
8
9 10

11
11 16
16
17 32
32 33
33
33
34
34

34 35
34 35
35
35
41 57

168,674
196,357 7,601
3,888

-3-

0920123784

0920123784

-4-

1120
1140
1178
1210
1260
1286
1298
11XX

1480
1421
14XX

1100
1310

1501
1521
1531
1551
1561
15X1
15X9
1670
15XX

1770

1800
1810
1820
1830
1860
18XX

1XXX

355,273

3,412
39,456
862,206
5,529
1,142,788
16,775
415
14,223
2,440,077

7,011
168,674
175,685

196,464
393,368
654,733
33,383
380,241
1,658,189
1,048,768 )
45,552
654,973

267,405

1
22
30
1
63

38,083
619,218
191
869,099
35,962
2,847
12,531
1,845,336

1
20
28
1
59

5
5

7,011
196,357
203,368

6
6

5
10
17
1
10
43
27 )
1
17

196,464
391,773
602,318
32,909
362,861
1,586,325
995,327 )
19,957
610,955

22,356

489,697
3,621
42,545
37,936
573,799

13
1
1
15

394,448
3,267
38,532
35,364
471,611

13
1
1
15

$ 3,863,711

100

$ 3,153,626

100

2420

557,101

14

249,673

2810
2820
2881
28XX

108,745
2,957
111,702

3
3

118,199
2,239
135
120,573

4
4

1,819,689

47

1,384,981

44

1,154,190
34,626

30
1

1,154,190
-

37
-

72,435
607

2
-

72,435
607

2
-

240,886
14,398
540,975

6
14

210,327
10,417
328,935

7
10

27,875

41,183

2XXX

3110
3150
3210
3260
3310
3320
3350
3420
3430
3XXX

219,516

740
60
329,759
73,324
294,474
167,342
60,372
5,299
1,150,886

41,970 )
2,044,022

$ 3,863,711

-5-

2120
2140
2160
2170
2210
2270
2298
21XX

2100
2180

6
12
19
1
12
50
32 )
1
19

19,177

367,979

12

8
2
8
4
2
30

122
236,758
42,697
239,096
104,430
19,572
4,081
1,014,735

7
1
8
3
1
32

1)
53

100

49,449 )
1,768,645

$ 3,153,626

1)
56

100

4110

$2,638,906
102

4170

47,561 )

4190

5,239 )

4000
5000

2,586,106
( 1,781,733 )

5910

6100
6200
6300
6000

6900

7110
7122
7130
7210
7310
7480
7100

452,650 )
75,100 )
19,895 )
547,645 )

2)

69,815 )

8,125 )

100
(

804,373

(
(
(
(

$2,125,835
104

69 )

( 1,476,458 )

17 )
3)
1)
21 )

100
(

571,437

(
(
(
(

354,317 )
62,681 )
17,586 )
434,584 )

4)
-

2,047,895

31

(
(
(
(

72 )
28

(
(
(
(

17 )
3)
1)
21 )

256,728

10

136,853

314
72
392
8,795

120
55
86
7,483

210
30,675

14,901

40,458

22,645

-6-

7510
7521
7530
7540
7560
7650
7880
7500

($

4,992 )

(
(
(
(

7,601 )
374 )
91 )
5,782 )

(
(

740 )
2,129 )

21,709 )

7900

275,477

8110

9600

57,782 )
$ 217,695

9750

9850

($

4,623 )

1)
-

(
(
(

3,888 )
201 )
2,395 )

1,501 )

1)

12,608 )

10
(

146,890

2)

$ 2.39
$ 2.38

$ 115,119

$ 1.89
$ 1.88

1)
7

31,771 )

1)

1)
6

$ 1.27
$ 1.27

$ 1.00
$ 1.00

-7-

$ 1,154,190
$
$ 72,435
$
607
$ 210,327
$ 10,417
$ 519,407
$ 27,572
( $ 41,970 )
$ 1,952,985

34,626

30,559
-

3,981
-

(
(
(
(

30,559 )
3,981 )
126,961 )
34,626 )

217,695

217,695

303

303

126,961 )
-

$ 1,154,190

34,626

72,435

607

$ 240,886

14,398

$ 540,975

27,875

($

41,970 )

$ 2,044,022

$ 1,154,190

72,435

607

$ 198,481

5,085

$ 311,787

39,032

($

49,449 )

$ 1,732,168

11,846
-

5,332
-

607

$ 210,327

$ 1,154,190

72,435

(
(
(

11,846 )
5,332 )
80,793 )

115,119

115,119

2,151

2,151

10,417

$ 328,935

-8-

41,183

($

49,449 )

80,793 )

$ 1,768,645

-9-

$ 217,695

$ 115,119

(
(
(
(
(
(
(
(

41,961
1,837
8,906
875 )
7,601
374
392 )
91
530
9,180
15 )

12,071
5,861 )
43,759 )
76
164,175 )
51,723
4,117 )
120 )
4,558 )
1,447 )
57,316 )
12,343
1,231
617
83,601

(
(

(
(
(

39,571
1,385
6,489
3,808
3,888
201
86 )
15,013
33 )

656
16,715 )
50,212 )
570
10,837
5,838 )
2,903 )
118 )
19,983
27,956
31,317 )
10,516
1,179
586
150,535

( $ 75,861 )
391
( 98,423 )
2,820
(
2,847 )
( 173,920 )

( $ 21,978 )
100
234
(
7,806 )
3,000
( 26,450 )

4,150
380,000
( 21,986 )
718
362,882

272,658
( 327,706 )
( 55,048 )

272,563

69,037

82,710

198,368

$ 355,273

$ 267,405

$ 4,855
$ 60,104

$
$

3,761
7

$ 64,593
22,605
( 11,337 )
$ 75,861

$ 21,325
6,396
(
5,743 )
$ 21,978

$ 126,961
( 126,961 )
$
-

$ 80,793
( 80,793 )
$
-

- 10 -

1,285 1,047

( )

( )

- 11 -

( )

( )

( )

- 12 -

( )

( )

1.
2.
3.

- 13 -

( )

( )

( )

( )

- 14 -

( )

( )

( )

- 15 -

( )

( )
( )
( ) ( )
( )

- 16 -




$ 1,650
92,538
5,382
32,703
3,000
220,000
$ 355,273

$ 1,650
51,430
11,945
122,380
80,000
$267,405

3,412

740

100.7.26-101.3.20

USD 5,000/NTD 144,210

7,310 65

(315) 6,771

- 17 -

$ 39,456
$ 39,456

$ 38,440
(
357 )
$ 38,083

$ 866,158
(
3,952 )
$ 862,206

$626,939
(
7,721 )
$619,218

$
339
$ 10,293
$
206
$ 8,059
(
1,162 )
(
$

339 )
-

(
$

6,341 )
3,952

151
357

824
7,721

$ 12,154
217,373
58,495
854,766
$ 1,142,788

$ 11,700
142,148
38,510
676,741
$ 869,099

3,306 6,467
1,781,733 1,476,458
(2,040)
1,483 11,220 13,530

- 18 -

7,011
7,011

7,011
7,011

LIAN HWA INVESTMENT
CO., LTD.

$ 160,261
8,413
$ 168,674

100
100

$ 187,717
8,640
$ 196,357

100
100

LIAN HWA INVESTMENT

CO., LTD.

($
(
($

7,383 )
218 )
7,601 )

($
($

9,789 )
5,901
3,888 )

- 19 -

$ 391,773
(
1,626 )
3,221
$ 393,368

$ 626,545
(
15,419 )
43,607
$ 654,733

$ 240,455
6,279
(
1,626 )
$ 245,108

$ 452,643
22,442
(
15,054 )
$ 460,031

$ 196,464
$ 196,464

$
(
$

$
(

33,925
542 )
33,383

$ 371,244
(
2,099 )
11,096
$ 380,241

26,005
1,416
542 )
26,879

$ 307,017
11,824
(
2,091 )
$ 316,750

$ 391,773
$ 391,773

$ 609,418
(
9,601 )
361
2,140
$ 602,318

$ 228,124
6,189
$ 234,313

$ 424,794
21,482
(
9,407 )
361
$ 437,230

38,883
64,593
57,924 )
45,552

$
(

$
(
$

$ 390,056
1,362
(
32,425 )
3,868
$ 362,861

24,518
1,377
1,045 )
24,850

$ 320,815
10,523
(
32,404 )
$ 298,934

$ 1,026,120
41,961
(
19,313 )
$ 1,048,768

33,954
1,045 )
32,909

$ 1,658,834
64,593
(
19,686 )
$ 1,703,741

$ 196,464
$ 196,464

6,002
19,963
6,008 )
19,957

$ 1,627,667
21,325
(
43,071 )
361
$ 1,606,282

$ 998,251
39,571
(
42,856 )
361
$ 995,327

$326,845
75,393
$402,238

$ 84,067
23,030
$107,097

$ 410,912
98,423
$ 509,335

$ 17,816
1,822
$ 19,638

$ 17,816
1,822
$ 19,638

- 20 -

$326,845
$326,845

$ 84,067
$ 84,067

$ 410,912
$ 410,912

$ 15,112
1,352
$ 16,464

$ 15,112
1,352
$ 16,464

1,352
174

9,159
17,440
13,369
300
$ 40,268

$ 58,320
( 58,310 )
10
(
10 )
$
-

$ 58,834
( 58,794 )
40
(
40 )
$
-

$ 219,516
0.74%-1.05%

$367,979
0.75%-1.41%

- 21 -

$ 89,638
68,478
22,621
5,782
107,955
$ 294,474

$ 80,895
51,237
31,780
8,766
66,418
$239,096

90.12.21-110.12.21
$
$
99.5.25
91.12.10-111.12.10
42,148
45,820

96.12.24-103.12.24
99.1.5
96.12.24-103.12.24
99.4.23
97.01.30-102.01.30
99.4.27
98.7.20-113.7.20
207,525
223,425

98.7.22-105.7.22
99.4.27
100.01.13-115.01.13
175,000

100.02.01-107.02.01
95,200

100.04.22-107.04.22
97,600

617,473
269,245
( 60,372 )
( 19,572 )
$ 557,101
$ 249,673
1.37%-1.53%
1.32%

- 22 -

8,288
6,832

10,251
12,410

( )

134,700
$
10
$ 1,347,000

134,700
$
10
$ 1,347,000

115,419
$
10
$ 1,154,190

115,419
$
10
$ 1,154,190

( )

( )

- 23 -

50%

20%

3,919 2,088 3,919

2,088

- 24 -

$ 30,559
$ 11,846
3,981
5,332
126,961
80,793
$ 1.1
$ 0.7
34,626
0.3
$ 196,127
$ 97,971

$ 5,421
$
5,421

$ 2,026
$
2,026

$ 5,421
$ 5,421
$ 2,026
$ 2,026

5,421
-

5,421
-

2,026
-

2,026
-

- 25 -

$ 180,722
15,142
12,494
32,043
240,401
37,197
6,132
$ 283,730

$ 86,687
6,158
6,045
3,525
102,415
4,764
2,774
$ 109,953

$ 267,409
21,300
18,539
35,568
342,816
41,961
8,906
$ 393,683

$ 156,980
16,365
8,983
25,821
208,149
35,521
4,616
$ 248,286

$ 63,750
5,456
10,259
2,780
82,245
4,050
1,873
$ 88,168

$ 220,730
21,821
19,242
28,601
290,394
39,571
6,489
$ 336,454

( )

( )

- 26 -

562
10
126
260
958

594
1,665
566
22
2,847

($
$

543 )
415

$ 29,955
7,979
5,226
2
43,162
(
5,226 )
$ 37,936

$
$

2,847

$ 27,550
7,775
5,226
39
40,590
(
5,226 )
$ 35,364

( ) 17%

$ 46,831

$ 24,971

10%

3
1
875
10,947
58,657
(

875 )

(
(
(

9)
1,003 )
540 )
2,495
2,049
27,963

2,495 )

$ 57,782

7,225
(

922 )
$ 31,771

- 27 -

( )

$ 80,171

$ 38,536

$ 158,712
382,263
$ 540,975

$158,712
170,223
$328,935

22.23% 25.17%

$ 275,477

$ 217,695

115,419

242

$ 275,477

$ 217,695

$ 275,477

$ 217,695

$ 275,477

$ 217,695

- 28 -

$ 2.39

$ 1.89

115,661

$ 2.38

$ 1.88

118,882

119,124

$ 2.32

$ 1.83

$ 2.31

$ 1.83

$ 1.27

$ 1.00

115,647

$ 1.27

$ 1.00

118,882

119,110

$ 1.24

$ 0.97

$ 1.23

$ 0.97

$ 146,890

$ 115,119

115,419

228

$ 146,890

$ 115,119

$ 146,890

$ 115,119

$ 146,890

$ 115,119

115,419 3,463 118,882

( )

3,412
7,011
3,621

- 29 -

3,412
3,621

7,011
3,267

3,267

740
617,473
2,957

740
617,473
2,957

269,245
2,239

269,245
2,239

( )
1.

2.

3.

4.

5.

- 30 -

( )

3,412

740

( )
740 0
( )
220,000 0
100,920 143,375
836,989 637,224
( )
1.

2.

- 31 -

3.

4.

( )

LIAN HWA INVESTMENT CO.,

LTD.
CADINA INTERNATIONAL
HOLDINGS CO., LTD.

CADINA INTERNATIONAL
HOLDINGS CO., LTD

( )
1.

100.12.31
$ 2,448
$ 2,448

100.12.31
300
300

$ 2,748
$ 2,748

- 32 -

2.

$ 3,000
$
2.5%
$
$
22

$169,425
121,494
402,238
87,459
$780,616

$169,425
129,607
326,845
67,603
$693,480

( ) 46
( )

101.09.30
100.09.14
101.12.31

244
385
496

( )
34,187 158 4 115
3,584
( ) 54,644
32,346

- 33 -

1049 1049-4
843,521

207
-

28.725
-

5,825

28.725

7,669

28.725

5,941
-

190
219

32.15
30.64

6,095
6,721

167,331

6,121

32.15

196,806

220,280

11,177

32.15

359,347

( ) ( )
1.
2.
3.
4.

5.

6.

7.

8.

- 34 -

9.
10.
( )
1.

2.

3.

4.

5.

- 35 -

CNY 3,700 CNY 3,700 CNY 3,700

2
$
$
(
16,522 ) (
16,522 ) (
16,522 )

(1) 0
(2) 1

(1) 1
(2) 2
1
2
(1 ) CNY31 , 837 30% 9 , 551
(2) CN Y31,837 60% 19,102

- 36 -

CNY 9,551
CNY 19,102
(1)
(2)

50
$
1,890
$
1,890

15
1,522
1,522

LIAN HWA INVESTMENT

9,324
160,261
100%
CO., LTD.

500
8,413
100%

1,161
7,011
5%

1,600
8%

100
3,780
3,780

50
712
712

PENGUIN COMPUTING
100

LTD.

283
1%

250
3%

LIAN HWA
CADINA
14,504
USD 5,856
100%
INVESTMENT CO.,
INTERNATIONAL
LTD.
HOLDINGS CO., LTD.

CADINA
ROYAL BANK OF
200
USD 124
USD 124
INTERNATIONAL

SCOTLAND GROUP PLC

HOLDINGS CO., LTD.

(CNY1,500)
CADINA
AGRICULTURAL BANK
USD 232
USD 232
INTERNATIONAL

OF CHINA, HONG KONG

HOLDINGS CO., LTD.

- 37 -

USD 4,625
92.75%
$

CADINA
INTERNATIONAL
HOLDINGS CO., LTD.

CADINA
INTERNATIONAL

HOLDINGS CO., LTD.

USD

330

32.20%

CNY 4,634

60%

- 38 -

LIAN HWA
INVESTMENT CO.,

LTD.

LIAN HWA
CADINA INTERINVESTMENT CO.,
NATIONAL
LTD.
HOLDINGS CO.,
LTD.
CADINA INTER
NATIONAL

HOLDINGS CO.,
LTD.
CADINA INTER
NATIONAL

HOLDINGS CO.,
LTD.

$
309,039
$
309,039
9,324

British Virgin
Islands

Cayman Islands

USD

14,504

USD

USD

CNY 12,300

179,976

100% $
160,261 ( $
8,393 ) ( $
7,383 )

179,976

500

100%

USD

14,504

14,504

100%

5,788

USD

5,788

897

USD

897

CNY 12,300

- 39 -

8,413

218 ) (

218 )

USD

5,856

( USD

287 )

NA

92.75%

USD

4,625

( CNY

1,842 )

NA

32.20%

USD

330

( CNY

1,048 )

NA

60%

CNY

4,634

( CNY

1,048 )

NA

USD 9,988
$

492
38,623

20,500

USD10,301

$366,301(USD12,752)

USD

313

USD

9,988

92.75%

($

7,499 )

USD

313

92.20%

4,070 )

$1,234,023

LIAN HWA INVESTMENT CO., LTD.

2,056,705 60% 1,234,023

- 40 -

USD177 Rate28.725
JPY36 Rate0.3573
CAD10 Rate29.71

1,650

92,538
5,382

32,703
3,000
133,623

220,000

$ 355,273

- 41 -

50
$10
$

15

10

500
$ 1,840
$37.8
$ 1,890

150

1,362

$ 3,202

- 42 -

98.8

1,522

$ 3,412

$ 11,482

8,728

8,525

2,356

5%

8,365
39,456
-

$ 39,456

- 43 -

$ 345,990

116,865

76,924

74,945

5%

251,434
866,158
(

3,952 )
$ 862,206

- 44 -

12,154

$ 14,199

217,373

341,311

58,495

103,938

854,766

928,116

$ 1,142,788

$ 1,387,564

- 45 -

1,161
$ 7,011

1,161
$ 7,011

$ 4,597

8,206

1,600

1,600

17,936

7,011

- 46 -

7,011

LIAN HWA INVESTMENT CO.,
9,324
$ 167,341
$
LTD.

500

8,631
$ 175,972

303
($
7,383 )
9,324
100
$ 160,261
$ 160,261

303

303

- 47 -

(
($

218 )
7,601 )

500

100

8,413
$ 168,674

8,413

$ 219,516

180-360

- 48 -

0.74%-1.05%

$1,306,852

$ 26,490

22,465

18,243

5%

262,561
$ 329,759

- 49 -

$ 42,148

91.12.10-111.12.10

1.53%

207,525

98.07.20-113.07.20

1.53%

175,000

100.01.13-115.01.13

1.53%

95,200

100.02.01-107.02.01

1.37%

97,600

100.04.22-107.04.22

1.46%

617,473

60,372 )
$ 557,101

- 50 -

$ 1,704,092
881,658

356

$ 2,586,106

- 51 -

(1)
(2)
(3)
(1)+(2)+(3)

$ 664,313
1,538,217
46
(
28,913 )
(
854,766 )
1,318,897
158,175
262,260
1,739,332
54,347
25,824
(
13,136 )
(
58,495 )
1,747,872
257,929
26,762
(
23,190 )
(
217,373 )
1,792,000
5,677
11,220
(
27,164 )
$ 1,781,733

- 52 -

$ 73,145
37,197

33,583

16,128

14,034

5%

88,173
$ 262,260

- 53 -

$ 115,382

73,873

59,905

36,696

30,139

25,561

5%

111,094
$ 452,650

- 54 -

$ 37,203
6,909

5%

30,988
$ 75,100

- 55 -

$ 12,788

1,005

966

5%

5,136
$ 19,895

- 56 -

7,840

7,129

6,680

3,361

5,665

$ 30,675

- 57 -