............................................................................................................. .................................................................................................................... ..................................................................................................... ............................................................................................................. ............................................................................................................. ............................................................................................................. 1 3 3 3 8 8

............. 10 .............................................................................................. 17 .................................................................................................. 25 .................................................................................................. 26 ............................................................... 27 .................................................................. 28 29 ............................................................................................... 30 .................................................................................................................... 31 ......................................................................................................... 31 .................................................................................................. 37 .................................................................................................. 37 ....................................................................................... 38 .................................................................................... 38 ........................................................... 38 ....................................................................................... 38 .................................................................................................................... 39 ............................................................................................................. 39 .................................................................................................. 41 .................................................... 50 ..................................................................................................... 51 ..................................................................................................... 52 ............................................................................................................. 55 ........................................................................................... 56

.................................................................................................................... 57 ........................... 57 ........................................................................................... 59 ............................................................... 62 .................................................................. 63 ................. 158 ............................................................... 159 ............................................................................................................. 159 ............................................................................................................. 160 ............................................................................................................. 161 ........................................................... 162 162 ............................................. 162 ..................................................................................................... 163 ............................................................................................................. 164 .............................................................................................. 164 ...................................... 169 .................... 169 ....................................................................................... 170

!

1. 98 9,729,708 5,652,061 4,077,647 1,672,272 1,290,209 % 100 58 42 17 13 97 8,317,144 5,033,338 3,283,806 960,088 705,549 : % +/- % 100 17 61 12 39 24 11 74 8 83

97 3 40 7 8 12 9 8 2. 7 3 18%

1. (1) (2) (3) 2. 99,685

-1-

1. 2. GMP 3. 2008 2009

:

:

:

-2-

75 6 6 75 4,788,300 4,788,400 8 8 10,211,600 15,000,000 76 77 30,000,000 45,000,000 78 79 117,000,000 162,000,000 80 32,400,000 194,400,000 GMP 81 64,152,000 48,600,000 307,152,000 82 232 225 122,860,800 430,012,800

-3-

83

84

85

86

87

88

79,999 99.99% 172,005,120 602,017,920 4 9 246,320,650 848,338,570 850 380 51% 470 342,829,860 1,191,168,430 480,884,480 1,672,052,910 289,994 99.9% 3,0000,000 5 422,649,450 2,094,702,360 99,999 99.9% 500 528,904,150 2,623,606,510 328 75%-4-

89

90

350 399,038,550 3,022,645,060 108 99% 214 49% 900,000 91% 200 Accession Limited 100% 11.9 90 3 90 4 90 9 Accession Limited 186,539,360 3,209,184,420 2.8 Renewable Resource Technology(Cayman) Co., Ltd. 56% 3.4

91

Accession Limited 5 1.42 US$20,344,080 Accession Limited 91 12 Standard Foods Taiwan Ltd. Standard Foods Corporation 92 92 1 Accession Limited 2.2 93

-5-

94

95

96

97

Accession Limited 14.8 US$37,344,080 93 10 US$4,244,080 US$33,100,000 94 3 94 7 Accession Limited US$5,000,000 US$38,100,000 99.9% 100% 95 1 1 95 1 1 SAP 50 ()( ) 96 12 Accession Limited US$5,000,000 US$43,100,000 - () 97 12 Accession Limited US$7,500,000 US$50,600,000

-6-

98 100% (Gold 1)(Gold 2) (Quaker infant formula)(Quaker follow up formula 100% E 98 11 Accession Limited US$23,000,000 US$73,600,000

-7-

()

-8-

()

-9-

()

()

()

99 4 21

96.06.13

75.06.06

64,459,639 20.09% 129,405,880 40.12%

0

0

0

-102,127,688 0.66% 0 0 0 112,660 0.04% 113,223 0.04% 0 0 0 110,000 0.03% 110,550 0.03% 60,300 0.02% 0 0 0.00% 0 0.00% 0 0 0 4,336,187 1.34% 0 0 0 29,506 0.01% 29,653 0.01% 1,177 0.00% 0 0

96.06.13

78.07.20

2,117,103 0.66%

96.06.13

81.12.29

96.06.13

92.11.27

96.06.13

92.11.27

96.06.13

81.12.29

4,814,614 1.50%

() () () Accession Limited 0 Renewable Resource () TechnologyCayman () Co.,Ltd. () () () () () () () 0 () () () 0 () 0 () () () 0 MBA () () 0 ()

96.06.13

92.11.27

1

1

9 10

2

3

4

5

6

7

8

V V V V V V V V V V V V V V V V V V V V V V V V V V V

V

V V

V V V V V V V V V V V V V V V V V V V

1 0 0 0 0 0 0

V V V V V V V V V V V V V V V

1 1 2(

)3

4 5

6

7

8 9 30 10 27

-11-

()

()

()

99 4 21

75.08.06 129,405,880 40.12%

0

0

0

0 () ()

() () () Accession Limited Renewable Resource TechnologyCayman Co.,Ltd. () () () () ()

-12155,686 0.05% 0 0 0 0 14,107 0.00% 0 0 0 0 () 5,746 402 0 0 0 0 0 0.00% 5,326 0.00% 0 0.00% 201 0.00% 0 0

81.07.01

()

91.04.01

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

88.04.01

()

96.06.15

99.03.22

0 0

() 1AB C D (G) (H) (%)( 1) (D)( 2) (F) (E) ( 2) (C)

(A)

(B)

ABCD EF G (%)( 1)

300 300 0.69 0.68 8,493 8,493 991 991 200 0

200 0 0 0 1.44 1.42

0

0

0

0

8,612 8,612

-13-

1 98 2 98

(A+B+C+D) (A+B+C+D+E+F+G)

2,000,000

2,000,000 5,000,000 () 5,000,000 10,000,000 () 10,000,000 15,000,000 () 15,000,000 30,000,000 () 30,000,000 50,000,000 () 50,000,000 100,000,000 () 100,000,000

0 0 0 0 0 0 0 0 0 0 0 0 5 5

0 0 0 0 0 0 5

0 0 0 0 0 0 5

2 A.B C % 1

(A)

(B)

(C) 2

0 3,000 3,000 120 120 0.24

0

0.24

1 98 2 98

-14-

2,000,000 2,000,000 5,000,000 () 5,000,000 10,000,000 () 10,000,000 15,000,000 () 15,000,000 30,000,000 () 30,000,000 50,000,000 () 50,000,000 100,000,000 () 100,000,000

(A+B+C) (D) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2

3 (C) 2 3 (D)

(A) ( 2)

(B) ( 4)

ABC D 1 ( 2) 991 2,793 2,793 200 0 200 0 0.75 0.74 0 0

5,700

5,700

991

1 98 2 98 398 418 4

-15-

0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1

2,000,000 2,000,000 5,000,000 () 5,000,000 10,000,000 () 10,000,000 15,000,000 () 15,000,000 30,000,000 () 30,000,000 50,000,000 () 50,000,000 100,000,000 () 100,000,000

4 99 4 30 1

0

290

290

0.02%

1 98

()() 1() 97 98 97 2.33% 2.31%98 1.68% 1.66% 2

-16-

() 98 8 ) ()% 8 0 100% 8 0 100% 7 3 88% 8 0 100% 8 0 100% 1. 2. 3.( ) () () 8 % 8 100% 8 100% 1. 1.1 : 1.2 : 2. 2.1.1 98 4 15 2.1.2 :

-17-

2.1.3 : 10 ? 2.1.4 :10 () 98 1 78 40 2.2.1 98 8 25 2.2.2 2.2.3 2.2.4 2013 IFRS 2011 IFRS 2015 (98) 6 IFRS 8 IFRS IFRS GAAP IFRS

-18-

() 13 30 19 14 29 52 53 www.quaker.com.tw 57

-19-

56 57 58

-20-

( ) 1. 98 3.5 2. 3. 4. 5. (1) ISO18001 QCC (2) (3) 6. 7. (1) (2) : 1.OHSAS 18001 2. 3. (1) (2) (3)

-21-

()

() 1: http://www.quaker.com.tw 2 ()

-22-

() 1. 990323 ( 1.2 3. 4.5. 99032350

-23-

2 () () (1) 1. 2. 3. 4. 5. (2) () ()

-24-

() () ()

98.01~98.03 98.04-98.12

1 2 3 4 5 6 2,000 2,000 4,000 4,000 6,000 6,000 8,000 8,000 10,000 10,000

V

V

V V

-25-

()

()

() 0

( )

V

-26-

()

() 10 5 1 2 3

-27-

() 98 4 19 646,241 10,585 563 550 0 21,573 147 774 70 28 2 0 202,062 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

() ()

-28-

40.12% 12.59% 4.83% 3.58% 3.10% 2.10% 1.64% 1.48% 1.34% 0.73%

129,405,880

40,614,624

()

15,583,000

()

11,543,916

-29-

10,000,000

()

6,779,000

5,300,000

4,787,297

4,336,187

()

2,350,654

( 1) Accession Limited Standard Industries, LLC. Renewable Resource Technology (Cayman) Co., Ltd. Authenex, Inc. Octamer, Inc. Techgains Pan-Pacific Corporation Walden VC II, L.P. VantagePoint Communications Partners, L.P. iGlobe Partners Fund, L.P. IPCore Technologies Corporation AsiaVest Opportunities Fund IV Connectcom Solutions, Inc. 1 2 3 : 73,600,000 30,000,000 ( 3) 15,000,000 9,832,890 363,333 7,675,325 3,000,000 1,600,000 960,000 11,200 3,125,554 2,000,000 1,194,249 2,424,242 674,000 1,000,000 907,815 500,000 ( 2) ( 2) ( 2) 100.0% 100.0% 50.0% 100.0% 52.0% 35.5% 97.1% 1.9% 2.7% 2.3% 0.4% 9.4% 7.0% 0.3% 5.5% 0.9% 1.4% 8.8% 0.8% 2.1% 0.5% 1.4% 99 4 30 - 73,600,000 100.0% 30,000,000 100.0% - ( 3) 50.0% - 15,000,000 100.0% 9,832,890 52.0% 192,679 18.8% 556,012 54.3% 7,675,325 97.1% 3,000,000 1.9% 1,600,000 2.7% 960,000 2.3% 11,200 0.4% 3,125,554 9.4% 2,000,000 7.0% 1,194,249 0.3% 2,424,242 5.5% 1,564,000 2.1% 2,238,000 3.0% 2,000,000 2.8% 3,000,000 4.2% 907,815 8.8% 500,000 0.8% - ( 2) 2.1% - ( 2) 0.5% - ( 2) 1.4% ( 3) 100% ( 3) 100% 100% 0.1% 0.7% 0.2% 23.7% 0.5% 18.1% ( 3) 108,889 200 131,000 8,297,000 266,662 3,600,000 100% 0.1% 0.7% 0.2% 23.7% 0.5% 18.1%

- ( 3) 108,889 200 131,000 - 8,297,000 266,662 3,600,000

-30-

47,883 47,884 150,000 450,000 16,200,000 19,440,000 30,715,200 43,001,280 60,201,792 84,833,857 848,338,570 307,152,000 194,400,000 32,400,000 48,600,000 64,152,000 162,000,000 117,000,000 45,000,000 30,000,000 15,000,000 10,211,600 4,788,400 100 4,788,300

()

5,000,000 5,000,000

75/06

100

50,000

75/06

100

50,000

75/09

100

150,000

15,000,000

77/04

100

450,000

45,000,000

-31430,012,800 122,860,800 602,017,920 172,005,120

79/05

10

16,200,000

162,000,000

80/07

10

19,440,000

194,400,400

81/03

10

30,715,200

307,152,000

82/07

10

43,001,280

430,012,800

83/02

10

60,201,792

602,017,920

84/03

10

84,833,857

848,338,570

85/02

10

86/03

10

87/03

10

240,807,170 5,513,480 339,335,420 119,116,843 1,191,168,430 119,116,843 1,191,168,430 3,494,440 476,467,380 167,205,291 1,672,052,910 167,205,291 1,672,052,910 4,417,100 418,013,220 330,000,000 3,300,000,000 209,470,236 2,094,702,360 4,636,230

75.06.06 (75) 2799 75.06.27 (75) 3149 75.09.22 (75) 4718 77.04.09 (77) 1831 79.05.16 (79) 3425 80.05.15(80)() 00935 81.02.17(81)() 00269 82.04.13(82)() 00771 83.01.14(83)() 49242 84.01.07(84)() 52905 84.12.04(84)() 62578 85.12.24(85)() 74787 86.12.16(86)() 92147

88/02

10

330,000,000 3,300,000,000 262,360,651 2,623,606,510

89/02

10

90/02

10

523,675,590 5,228,560 393,540,980 330,000,000 3,300,000,000 302,264,506 3,022,645,060 5,497,570 181,358,710 330,000,000 3,300,000,000 320,918,442 3,209,184,420 5,180,650 98.07.03 0980033057

87.12.28(87)() 106085 88.12.24(88)() 109947 90.01.02(90)() 103971

98/08

10

330,000,000 3,300,000,000 322,523,034 3,225,230,340 16,045,920

-32-

330,000,000

322,523,034 7,476,966

() () 2 13 65 64 14,454 14,598 99 4 19

1,764,051 18,133,522 31,648,931 17,841,145 253,135,385 322,523,034 0.55% 5.62% 9.81% 5.53% 78.49% 100.00%

() 10 1-999 1,000-5,000 5,001-10,000 10,001-15,000 15,001-20,000 20,001-30,000 30,001-40,000 40,001-50,000 50,001-100,000 100,001-200,000 200,001-400,000 400,001-600,000 600,001-800,000 800,001-1,000,000 1,000,001 9,073 3,830 714 261 145 162 84 67 117 58 44 13 4 3 23 14,598 99 4 19 0.31% 2.40% 1.61% 0.96% 0.80% 1.27% 0.90% 0.94% 2.62% 2.54% 3.80% 2.01% 0.90% 0.83% 78.11% 100.00%

1,014,132 7,745,460 5,178,834 3,096,468 2,574,664 4,083,708 2,888,433 3,044,570 8,459,103 8,185,104 12,268,443 6,474,875 2,901,400 2,683,860 251,923,980 322,523,034

-33-

() 129,405,880 40,614,624 15,583,000 11,543,916 10,000,000 6,779,000 5,300,000 4,787,297 4,336,187 2,350,654

() ( 2) ( 3) ( 4) 97

40.12% 12.59% 4.83% 3.58% 3.10% 2.10% 1.64% 1.48% 1.34% 0.73%

98 37.00 14.70 22.22 15.49 14.01 44.20 20.00 30.04 18.14 ( 1) 320,172,380 4.03 ( 1) ( 1) ( 1) 7.45 ( 1) ( 1)

99 4 30 5 71.10 37.20 62.06 20.08 320,172,380 1.96 ( 1) -

318,579,482 2.21 2.20 1.40 0.05 10.10 15.87 6.30%

1

-34-

2 3 4 5() () 1. 2. 99 4 27 1.5 2 99 6 17

-35-

() () () () () 99 3,225,230,340 2.0 0.15 0

: :

-36-

() 1. () 2. 16,256,635 11,611,879 1.4% 1% 3. (1) 1.1 16,256,635 1.2 0 1.3 11,611,879 (2) (3) 4.03 4. (1)(97/01/01~97/12/31)10,368,360 6,349,940 (2) 8,443,1221,925,238

()

-37-

() () - 99 4 30 98 (USD) 99 4 30 86 6 19 Euro MTF Market USD29,070,000 USD9.69 3,000,000 15,000,000 9,416.2 6.91 2.96 4.53 10.99 5.88 7.66

() ()

-38-

() 1. 2. 98 81% 16% 3% 100%

() 2009 2010

() 1. 98 72,619 4/30 16,785

-39-

2. (1) (2) 100% 100% E (3) (4) (5) (6) 3. (1) 1.1 1.2 1.3 (2) 2.1 2.2 (3) (4) ()

-40-

() : 1. (1) (2) (3) 2009 100% 100%100% 100% 100% 20~35 2009

2. (1) AC Nielsen20092008 12%200910% 24% 30%

-41-

(2) 2009 AC Nielsen (3) 360

3. (1) Taylor Neilson Sofres 2009 4 (2) 2008 20 2009 19.1 2008 (3) 26 HA

-42-

2006 2009 , : 4.() (1) Taylor Nelson Sofres 2001 (2) 2007 2008 2009 2008 2 1993 : 50 (3) 2006

-43-

5.() (1) AC Nielsen 2009 (2) 2009 (3) : 6. (1) 20 -100% 3 (2) 100% -2009 4:8:1

-44-

100% (3) 100% 2010 : 7.() (1) AC Nielsen 2009 2 (2) 2009 2 2009 (3) 2009 2010 2 1/2+1/2

-45-

() 1.

2. ->->->->-> ->->->->->-> ->->->->-> ->->->->-> ->->->->-> ->->->-> ()

-46-

()

1. 99 3 31

(%) 2,362,260 1,230,157 24.3 12.6 732,960 460,729 % 23.5 12.4

% 25.3 15.9

1,952,805 1,031,967

-4764.1 100.0 6,137,291 9,729,708 63.1 100.0

1 2 3 4 5 6 7 8 9 10

5,332,372 8,317,144

1,702,476 2,896,165

58.8 100.0

1 2

2.

B A B A 99 3 31

B A

(%) 974,702 21.7 645,962 14.4

(%) 1,177,638 22.4 667,838 12.7

(%) 201,566 14.4 99,013 7.1

-48 3,412,853 5,258,329 64.9 100.0

1 2 3 4 5 6 7 8 9 10 1,098,121 1,398,700

2,865,450 4,486,114

63.9 100.0

78.5 100.0

1 2

() 79,000.00 33,000.00 () 112,000.00

/ 3,878,625 921,894 155,726 4,956,245 79,000.00 33,000.00 () 112,000.00

97

98

62,644.53 18,735.78 9,378.77 90,759.08 4,801,316 895,016 202,346 5,898,678

47,223.67 15,629.73 6,866.93 69,720.33

() 46,464.1

/

97

48.2 17.2 0.0 65.4 6,113 1,228 60 7,401 59,524.5 18,469.4 8,698.4 86,692.3

98

38.0 18.8 0.0 56.8 5,110 1,487 0.0 6,597

6,499,138 1,562,153 248,452 8,309,743

7,890,415 1,582,379 250,317 9,723,111

16,169.2 6,670.5 69,303.8

-49-

99 4 30

97 417 241 658 36.07 8.02 3 64 302 221 68

98 416 243 659 36.80 8.60 4 66 312 209 68

99 4 30

417 252 669 36.90 8.63 4 69 313 214 69

-50-

()() 98 99 4 30 () ( 1) ( 2) 31 6 1: 98 7 2: 99 2 () 1. (1) (2) OO O

5,200

5,200 5,200

(3) OO O

2.

-51-

() 1. (1) (2) (3) (4) (5) (1) (2) (3) (4) (5) (6) 148470 12761 2. 94.07.01 94.07.01 3.

-52-

98 7,430 4. (1) (2) (3) (4) (5) (6) (7)

-53-

(8) 10 (9) (10) (11) (12) (13) (14) (15) (16) 5. (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12)

-54-

(13) 6.

99 4 30

83.06--108.07 ( 1) 97.04.28-100.04.27 99.04.26-100.04.25 ( 3) 98.05.24-100.05.23 98.05.24-100.05.23 99.03.15-100.03.15.

( 2)

3 3 4

5.8 3

1 2 3

-55-

() () 2009 3,874,001 2,000,000 2,000,000 1,750,000 1,000,000

-56-

( )

94 95 96 97 98 99 3 31 ()

2,264,982 2,250,071 2,699,031 3,176,944 3,409,102 4,016,254 2,520,096 2,232,019 1,880,133 1,695,862 2,436,854 2,495,565 1,266,464 1,196,652 1,095,435 1,061,252 1,004,865 994,227 53,519 33,607 9,763 8,474 6,051 323,410 302,688 347,337 444,493 421,476 414,684 6,374,952 6,034,949 6,055,543 6,388,314 7,280,771 7,926,781 1,188,872 942,754 1,315,178 1,400,054 1,419,202 1,444,302 () () 1,188,872 1,371,982 1,613,139 1,849,340 854,000 500,000 187,000 552 922 19,661 20,050 20,916 52,535 53,500 53,918 2,062,533 1,462,804 1,523,094 1,452,589 1,473,254 1,499,142 () () 2,062,533 1,892,032 1,821,055 1,901,875 3,209,184 3,209,184 3,209,184 3,209,184 3,225,230 3,225,230 15,173 17,828 19,501 21,606 29,242 29,242 1,011,737 1,259,449 1,211,389 1,618,977 2,443,854 3,071,431 () () 1,011,737 830,221 913,428 1,153,645 93,174 101,625 105,945 135,698 95,399 90,155 939 3,310 (51,692) 11,840 9,629 () 4,333 4,302 4,302 23,134 23,134 23,134 (21,182) (21,182) (21,182) (21,182) (21,182) (21,182) 4,312,419 4,572,145 4,532,449 4,935,725 5,807,517 6,427,639 () () 4,312,419 4,142,917 4,234,488 4,486,439 97 3 31 49,596

-57-

()

94 () 94 () 99 3 31 95 96 97 98 () 5,925,441 6,730,825 8,317,144 9,729,708 2,896,165 2,297,252 2,670,848 3,283,806 4,077,647 1,275,254 560,447 847,099 1,347,019 1,809,108 717,390

3,253,060 6,345,233 1,273,707 2,514,515 383,659 809,480 36,175 80,245 66,184 74,249 32,370 19,262 77,417 34,658 199,514 272,154 385,102 419,301 156,098 18,149 385,176 690,211 354,477 536,246 960,088 1,672,272 776,658 308,390 551,995 244,391 381,168 705,549 1,290,209 627,577 3,321 308,390 551,995 247,712 381,168 705,549 1,290,209 627,577 0.97 1.72 0.78 1.19 2.20 4.03 1.96 500 603 908 244 () 98 97 96 95 94

-58-

94 ()32.35 407.94 190.52 103.93 52.27 6.20 58.88 4.28 14.54 85.28 5.04 1.06 5.12 7.16 11.96 12.00 9.48 0.97 14.53 213.71 2.76 1.98 1.02

94 ()32.35 407.94 190.52 103.93 45.23 5.67 64.34 4.10 12.80 89.09 4.85 1.00 8.79 13.07 25.22 21.31 8.63 1.72 69.27 258.67 8.53 1.90 1.02

95 24.24 423.86 238.67 122.89 25.06 5.16 70.78 3.78 13.00 96.55 4.81 0.95 4.17 5.58 17.46 11.05 4.18 0.78 67.36 240.27 4.50 1.93 1.03

96 25.15 430.83 205.22 101.54 56.89 5.94 61.45 3.52 11.68 103.61 5.87 1.11 6.42 8.37 26.40 16.71 5.66 1.19 57.19 202.54 5.53 1.99 1.01

97 22.74 465.09 226.92 133.11 631.81 6.64 54.98 3.81 10.23 95.85 7.71 1.34 11.36 14.90 45.04 29.92 8.48 2.20 105.54 218.14 18.45 1.63 1.00

98 20.23 577.99 240.21 137.70 209,035.0 6.96 52.41 4.22 10.07 86.55 9.42 1.42 18.88 24.02 56.09 51.85 13.26 4.03 99.60 221.83 12.99 1.52 1.00

99 3 31 18.91 646.59 278.08 183.27 70,606.27 7.53 48.47 4.77 11.23 76.59 11.59 1.52 8.25 10.26 22.24 24.08 21.67 1.96 34.62 221.83 6.20 1.33 1.00

()

-59-

1. 2. 3. 4. 5. 6. 7. 1. (1) (2) 2. (1) (2) (3) 3. (1)() () (2)365

-60-

(3) (4)() () (5)365 (6) (7) 4. (1)1 (2) (3) (4) 5. (1) (2) () (3)()( ) 6. (1)() (2) ()

-61-

-62-

-63-

0920123784

0920123784

-64-

$

1100 1320 1120 1140

13,871

144,773 295,144 1,017

2 4 -

$

117,554 286,346 1,193

2 5 -

$

$

13,048

2120 2140 2150 2160 2170 2190 2210 2288 2298 21XX

3,079 578,202 418 148,264 657,745 29,415 140 1,939 1,419,202

8 2 9 1 20

1,425 538,903 801 267,933 535,957 2,117 52,082 836 1,400,054

9 4 8 1 22

1150 1160 1180 120X 1250 1260 1286 1298 11XX 2440 2510

1,373,044 46,885 18,369 126 1,410,926 43,982 52,301 19,424 3,111 3,409,102 552 33,685

19 1 19 1 1 47

1,291,964 79,801 10,383 10 1,269,562 43,761 29,216 43,672 3,482 3,176,944

20 1 20 1 1 50

-

-

-

1450 1480 1421 14XX 2810 2820 28XX 2XXX

32,629 193,976 2,210,249 2,436,854

3 30 33

305,483 1,390,379 1,695,862

5 21 26

-

33,685

1

19,665 150 19,815 1,473,254

20

18,700 150 18,850 1,452,589

23

-6531XX 320,918 3220 3260 32XX 3310 3350 33XX

10 322,523

330,000 3,225,230 15,672 13,570 29,242 694,219 1,749,635 2,443,854 44 10 24 34 3,209,184 12,397 9,209 21,606 623,664 995,313 1,618,977 50 10 15 25

1501 1521 1531 1551 1561 1611 1681 15X1 15X8 15XY 15X9 1670 15XX( ( (

(

396,267 648,212 1,267,800 19,002 104,242 738 30,229 2,466,490 56,819 2,523,309 1,566,779 ) 48,335 1,004,865

6 9 17 2 34 1 35 22 ) 1 14

396,267 649,291 1,265,725 20,413 84,204 30,229 2,446,129 56,819 2,502,948 1,464,773 ) 23,077 1,061,252

6 10 20 1 1 38 1 39 23 ) 1 17

1750

8,474

-

9,763

-

3420 3451 3460 348034XX 3XXX

1800 1820 1830 1860 18XX$ 7,280,771 100 $ 6,388,314 100

129,724 11,512 1,444 278,796 421,476

2 4 6

131,726 11,238 1,567 299,962 444,493

2 5 7

2,339

2,351(

95,399 11,840 23,13421,182 ) 109,191 5,807,517

1 12 80

(

135,698 51,692 ) 23,134( 21,182 ) 85,958 4,935,725

(

2 1) 12 77

1XXX

$ 7,280,771

100

$ 6,388,314

100

$10,130,192 104 96,484 304,000 9,729,708 1 3 100 $ 8,649,833 104 80,370 252,319 8,317,144 1 3 100

4110 4170 4190

4100 5110 5910

5,652,061 4,077,647

58 42

5,033,338 3,283,806

61 39

6100 6200 6300 6000

1,963,287 232,633 72,619 2,268,539 1,809,108

20 2 1 23 19

1,652,451 222,260 62,076 1,936,787 1,347,019

20 2 1 23 16

6900

7110 7122 7130 7140 7160 7480 7100

3,112 2,493 310 4,671 8,676 19,262

-

1,729 1,374 199 5,677 9,032 14,359 32,370

-

-66-

$ 8 58,147 1,504 1,834 92,856 1,749 156,098 1,672,272 382,063 $ 1,290,209 $ 5.22 $ 5.21 $ 4.03 $ 4.02 1 1 2 17 4 13 $ $ 3.00 $ 2.99 $ 1,522 380,361 663 35,230 1,525 419,301 960,088 254,539 705,549 $ 2.20 $ 2.20 5 5 11 3 8

7510 7521 7530 7560 7630 7880 7500

7900 8110 9600 9750 9850

$ 1,293,484 $ 4.01 $ 4.00 $ 707,654 $ 2.19 $ 2.19

-67-

$ 3,209,184

$

10,292

$

9,209

$

19,501

$

585,547

$

625,842

$ 1,211,389

$

105,945

$

3,310

$

4,302

($

21,182 )

$

92,375

$ 4,532,449

0.9 -

( ( ( 18,832

-

-

-

38,117 -

( ( ( (

38,117 5,704 3,430 288,827

) ) ) )

5,704 ) 3,430 ) 288,827 )

-

-

-

-

18,832

( ( (

5,704 ) 3,430 ) 288,827 ) 18,832

-

-

-

-

-

-

-

-

-

-

(

27,365 )

-

-

(

27,365 )

(

27,365 )

29,753 705,549 705,549 -

2,105

-

2,105

-

-

-

-

-

-

-

29,753

2,105 705,549 29,753

-

-

-689,209 21,606 623,664 995,313 1,618,977 135,698 ( ( ( ( 70,555 ( ( ( 70,555 ) 449,286 ) 16,046 ) 449,286 ) 16,046 ) 4,361 4,361 1,290,209 3,275 1,290,209 ( 40,299 ) $ 13,570 $ 29,242 $ 694,219 $ 1,749,635 $ 2,443,854 $ 95,399 $

-

-

-

-

27,637 ) 51,692 )

23,134 (

21,182 )

(

27,637 ) 85,958

(

27,637 ) 4,935,725

3,209,184

12,397

1.4

0.5%

16,046

-

-

-

-

-

(

449,286 ) -

-

-

31,491

-

-

31,491

35,852

-

3,275

-

-

(

40,299 ) (

3,275 1,290,209 40,299 )

-

-

-

-

-

-

32,041 11,840 $

23,134 ($

21,182 ) $

32,041 109,191

32,041 $ 5,807,517

$ 3,225,230

$

15,672

$1,290,209 130,636 11,576 ( 4,671 ) 58,147 512 92,856 1,194 550 45,414 176 81,080 ) 32,916 6,201 ) 116 ) 141,364 ) 221 ) 23,085 ) 371 1,654 39,299 383 ) 119,669 ) 121,788 2,117 ) 36,979 ) 1,103 965 1,413,480

$ 705,549 145,516 36,180 ( 5,677 ) 380,361 1,800 35,230 464 ( 134,472 ) 2,659 240,900 ) 1,859 ) 562 123 52,726 2,426 ) 52,330 376 ) 904 121,129 4,347 ) 138,722 158,026 2,117 32,895 500 ) 855 1,477,591

( ( ( ( ( (

( (

( (

( ( ( (

(

(

-69-

( $3,846,569 ) 3,835,831 22,352 ( 879,966 ) 264 ( 62,237 ) 445 ( 5,651 ) ( 274 ) ( 1,170 ) ( 936,975 ) ( $2,967,899 ) 2,713,943 ( 7,727 ) 33,371 4,000 ( 251,396 ) 649 ( 69,798 ) 228 ( 10,558 ) 339 ( 1,505 ) ( 556,353 )

(

(

449,286 ) 449,286 ) 27,219 117,554 $ 144,773

( ( ( ( ( ( (

159,000 ) 183,000 ) 187,000 ) 288,827 ) 5,704 ) 3,430 ) 826,961 ) 94,277 23,277 $ 117,554

$ 8 $ 456,318

$ 1,825 $ 250,289

$3,846,569 $3,846,569

$2,954,229 13,670 $2,967,899

-70-

$3,837,604 ( 1,773 ) $3,835,831 $ 73,897 12,710 ( ( ( $ $ ( $ $ ( $ 23,678 ) 140 ) 552 ) 62,237 457 12 ) 445 8,994 3,343 ) 5,651 ( $2,713,943 $2,713,943 $ 61,397 21,111 12,710 ) 69,798 228 228 10,558 10,558

$ $

$ $

$

-71-

659 658

-72-

-73-

-74-

-75-

( ) ( ) ( ) 1,993 100,272 11,095 0.03

-76-

$ 1,301 12,341 121,144 9,987 $ 144,773 $ 1,103 11,211 105,240 $117,554

$ 38,812 256,332 32,629 327,773 ( 295,144 ) $ 32,629 $ 31,970 254,376 286,346 ( 286,346 ) $ -

1,000 3.00% $ 688,135 398,254 63,193 244,364 28,120 1,422,066 ( 11,140 ) $ 1,410,926 $ 543,872 381,635 89,333 340,516 21,745 1,377,101 ( 107,539 ) $ 1,269,562

96,399 13,799 100,272

-77-

Walden VC II, L.P. iGlobe Partners Fund, L.P. Techgains Pan-Pacific Corporation VantagePoint Communications Partners, L.P. Silicon Valley Equity Fund, L.P. II Viador, Inc. Walden Media and Information Technology Fund, L.P. Authenex, Inc. Octamer, Inc. $ 74,676 30,000 20,000 18,010 15,681 9,600 8,603 7,422 5,697 $123,676 30,000 20,000 18,010 28,377 9,600 8,603 12,000 6,070

4,287 -

4,287 15,254 15,233 11,788 1,410

$ 193,976

1,175 $305,483

Walden VC II, L.P. Silicon Valley Equity Fund, L.P. II $ 49,000 15,254 12,696 10,133 $ 7,657 -

-78-

Walden Media and Information Technology Fund, L.P. VantagePoint Communications Partners, L.P.

$ 4,578 822 373 $ 92,856

$ 2,067 21,128 4,378 $ 35,230

Silicon Valley Equity Fund, L.P. IIWalden Media and Information Technology Fun d, L.P. Walden VC II, L.P. VantagePoint Communications Partners, L.P. iGlobe Partners Fund, L.P. 250 Accession Limited Standard Industries, LLC Renewable Resource Technology (Cayman) Co., Ltd.RRT $ 1,421,164 391,237 152,846 120,224 78,666 33,047 100.0% 100.0% 100.0% 52.0% 97.1% 50.0% $ 867,057 204,381 125,375 98,880 47,996 37,408 100.0% 100.0% 100.0% 52.0% 95.3% 50.0%

13,065 $ 2,210,249

35.5%

9,282 $ 1,390,379

38.1%

-79-

Accession Limited Standard Industries, LLC RRT ( $ 161,975 ) 89,956 ( 4,798 ) 21,337 616 ( 3,234 ) ( 49 ) ( $ 58,147 ) ( $365,705 ) ( 19,241 ) ( 1,535 ) 8,162 ( 1,659 ) ( 312 ) ( 71 ) ( $380,361 )

Accession Limited RRT $ 346,244 1,107,392 12,187 77,488 41 23,427 $ 1,566,779 $ 322,233 1,036,207 13,847 71,697 20,789 $ 1,464,773

2.03%-2.66% 500

-80-

$ 121,446 19,704 1,706 142,856 11,426 1,706 13,132 $ 129,724 $121,446 22,204 1,273 1,748 146,671 12,007 1,190 1,748 14,945 $131,726 $ 109,715 8,994 118,709 99,952 10,283 110,235 $ 8,474 $ 99,157 10,558 109,715 65,550 34,402 99,952 $ 9,763

$ 418,058 ( 104,455 ) 29,139 $240,012 18,974 134,472

-81-

$ 16,966 ( 18,900 ) 340,808 ( ( ( 48,074 ) 24,100 628 ) 4,537 )

$ 4,509 ( 14,733 ) 383,234 ( ( ( ( 97,321 ) 25,068 ) 2,611 ) 9,472 ) 5,777 $254,539

74,553 ( 4,159 ) $ 382,063

$

7,901 2,228 9,550 19,679 (

$

9,248 26,885 7,990 44,123

(

255 ) $ 19,424

451 ) $ 43,672

$ 274,048 4,748 $ 278,796

$294,486 5,476 $299,962

-82-

$ 1,963 1,747,672 $ 1,749,635 $ 1,963 993,350 $ 995,313

544,481 289,363 37.21% 37.62% 47,081 9,416.2 5 Euro MTF Market ( ) ( )

-83-

16,257 8,443 11,612 6,350 1.4% 1.33% 1% $ 70,555 $ 38,117 $ 0.90 $ 1.40 449,286 288,827 0.05 16,046 5,704 3,430

10,368 6,350 8,443 1,925

-84-

2,339 12 2,351

2,339

-

-

2,339

$ 1,672,272

$ 1,290,209

320,172

$ 5.22

$ 4.03

-

-

533

$ 1,672,272

$ 1,290,209

320,705

$ 5.21

$ 4.02

$ 960,088

$ 705,549

320,172

$ 3.00

$ 2.20

-

-

399

$ 960,088

$ 705,549

320,571

$ 2.99

$ 2.20

-85-

2.21 2.20 16,475 15,392 $ 495 $ 6,721 496 7,109 ( $ 1,667 ) $ 991 ( 5,476 ) ( 7,143 ) 80 $ 6,767 $ 469 $ 6,978 459 6,760 ( $ 8,807 ) $ 928 2,061 ( 6,746 ) 80 $ 7,072

$

$

-86-

$ 18,511 18,511 530 19,041 19,041 60 $ 19,101 $ 19,250 $ 20,129 192,331 212,460 89,773 302,233 ( 256,251 ) 45,982 ( 763 ) ( $ 44,655 ) 564 $ 17,135 17,135 910 18,045 18,045 65 $ 18,110 $ 18,750 $ 17,650 158,560 176,210 82,303 258,513 ( 256,136 ) 2,377 ( 843 ) ( $ 944 ) 590

$ 24,718

$ 23,481

2.00% 2.00% 2.75% 2.75% 3.00% 3.00% 2.75% 2.75% 2.00% 2.00% 2.75% 2.75%

$231,649 17,795 9,197 41,320 $299,961 $ 65,880 $ 328 $328,079 19,708 15,036 34,624 $397,447 $ 63,996 $ 11,248 $ 760 -

$ $ $

$559,728 37,503 24,233 75,944 $697,408 $130,636 $ 11,576

-87-

$208,738 15,942 7,968 32,914 $265,562 $ 75,741 $ 1,017 $295,157 17,795 15,424 31,763 $360,139 $ 68,743 $ 35,163 $ 1,032 -

$ $ $

$503,895 33,737 23,392 64,677 $625,701 $145,516 $ 36,180

( )

( ) 1. 2. 3. 4. $ 46,885 $ $ $ 126 418 $ 79,801 $ $ $ 10 801 2,117

-88-

5. 6. 7. $ 680,460 $ 301,923 16,967 $ 318,890 $ 3,154

$662,759 $ 94,082 14,223 14,545 831 $123,681 $ 6,022

( ) $ 320,837 $461,585 $ 20,725 $ 15,516

( )

-89-

( ) 3,800 ( ) 22,000 ( ) 520,000 15,000 2,204,111 ( ) ( ) $ 144,773 295,144 1,017 1,373,044 46,885 18,369 126 32,629 193,976 2,210,249 $ 144,773 295,144 1,017 1,373,044 46,885 18,369 126 32,629 $ 117,554 286,346 1,193 1,291,964 79,801 10,383 10 305,483 1,390,379 $ 117,554 286,346 1,193 1,291,964 79,801 10,383 10 -

$ 19,930 2,293 1,594 1,469 1,380 4,046

-90-

$ 3,079 578,202 418 29,415 140 552 $ 3,079 578,202 418 29,415 140 552

$ 1,425 538,903 801 52,082 2,117 $ 1,425 538,903 801 52,082 2,117 -

( ) 1. 2. 3. ( ) 158,760 105,240 5,000 ( ) 33,011 (29,483) 970 (1,846) 31,491 (27,365)

-91-

( ) 1. 2. 3. ( ) 1. 2. 3. 4. 5. 6. 7.

-92-

8. 9. ( ) ( ) ( ) ( ) ( ) ( ) $ 2,362,260 24.3 1,230,157 12.6 $ 1,952,805 23.5 1,031,967 12.4

-93-

1

Accession Limited

$ 278,546

$ 255,029

-

2

$

-

$

-

$

-

$ 867,057

$ 867,057

-94100% 867,057 867,057 100%

0

Accession Limited

1

(1)

1

(2)

2

Accession Limited

0 (2) (3) 4,353,958 2,412,376 2,204,111 4,353,958 40,000 15,000 -

(2)

$ 4,353,958

$ 550,000

$ 520,000

$

-

10% 40%

$ 5,442,447 ( 5,442,447 ( 5,442,447 (

) ) )

0

0

-951 5,442,447

0

Accession Limited

(1)

(2)

(3)

(4)

(5)

(6)

100%

$

$

ETF ETF JF JF JF

-96DB 2009-1

ING

90,000 946,531 79,286 73,510 6,180 77,827 100,000 120,000 213,220 254,972 866,920 532,322 326,782 3,880,873 2,564,694 3,224,515 6,942,686 100 73,600,000 30,000,000 15,000,000

5,850 11,358 8,959 4,565 3,449 4,631 2,743 2,688 3,917 5,099 10,256 10,710 4,903 50,007 40,003 43,005 83,001 32,629

5,850 11,358 8,959 4,565 3,449 4,631 2,743 2,688 3,917 5,099 10,256 10,710 4,903 50,007 40,003 43,005 83,001 32,629

Accession Limited

Standard Industries, LLC 9,832,890 7,675,325 363,333 3,125,554 1,194,249

1,421,164 391,237 152,846 33,047 120,224 78,666 13,065 15,681 9,600

100.0% 100.0% 100.0% 50.0% 52.0% 97.1% 35.5% 9.4% 0.3%

1,421,164 399,179 256,744 33,047 119,665 78,490 13,065 15,096 17,514

Renewable Resource Technology (Cayman) Co., Ltd.

1,600,000 4,287 74,676 18,010 500,000 1,200,000 3,000,000 2,000,000 2,424,242 11,200 907,815 1,000,000 674,000 8,603 7,422 30,000 20,000 2.1% 1.4% 0.8% 2.3% 1.9% 7.0% 5.5% 0.4% 8.8% 1.4% 0.9% 0.5%

$

5,697

2.7%

$

5,107

VantagePoint Communications Partners, L.P. Walden VC II, L.P.

iGlobe Partners Fund, L.P.

Techgains Pan-Pacific Corporation

9,174 7,233 27,944 15,733 -

Authenex, Inc.

-97Accession Limited

Octamer, Inc.

Accession Limited

PIMCO Taiwan Special Opportunities Fund III IPCore Technologies Corporation

57,220 83,609 700 108,889 200

33,864 30,438 1,045 60,629 940,196

33,864 30,438 2.5% 0.1% 0.7% 100.0% 940,196 137

AsiaVest Opportunities Fund IV

$ 131,000 2,350,654 103,899 1,415 0.2%

21,699

100.0%

$

21,699 1,879 103,899

JF

-98JF

53,500 708,238 386,532 416,750 500,000 392,825 500,000 350,000 276,612 360,035 150,000 204,543 400,000 400,000 295,159 101,300 8,297,000 860,367 204,441 437,537 1,564,000 2,000,000 266,662 3,600,000 12,508 3,151 5,006 26,586

3,601 23,372 7,777 6,104 4,730 4,495 5,215 5,335 3,821 4,304 1,659 5,377 3,188 4,668 6,703 1,351 -

23.7%

3,601 23,372 7,777 6,104 4,730 4,495 5,215 5,335 3,821 4,304 1,659 5,377 3,188 4,668 6,703 1,351 12,508 3,151 5,006 2.1% 2.8% 0.5% 18.1% 18,617

Connectcom Solutions, Inc.

/ 4,737,844 2,524,871 4,777,737 2,207,399 50,600,000 1,085,757 12,000 867,057 13,920,292 23,000,000 16,718,220 18,869,704 10,804,513 32,012 8,154,455 71,013 13,824,291 206,000 118,500 217,000 753,060 185,000 227,500 166,500 8,650,224 128,000 20,867,738 244,000 30,021 12,819,545 153,000 8,401,730 20,867,738 8,650,224 18,602,028 10,361,854 11,355,598 17,803,977 18,869,704 10,804,513 13,855,112 183,000 13,855,112 22,045,859 264,000 22,045,859 264,086 183,103 100,228 244,020 128,038 277,234 150,533 177,010 197,013 227,506 166,506 ( 20,154,141 268,500 16,929,626 225,539 17,309,572 273,000 17,309,572 273,082 9,180,424 143,000 9,180,424 143,055 143,000 273,000 225,500 264,000 183,000 100,021 244,000 128,000 277,013 150,512 177,000 198,953 ) 197,000 227,500 166,500 57,010 19,255,256 232,000 23,993,100 289,245 289,010 22,648,569 285,000 22,648,569 285,158 285,000 158 235 55 82 39 86 103 207 20 38 221 21 10 13 6 6 1,025,870 174,500 1,025,870 174,650 174,500 150 9,736,969 150,000 9,736,969 150,034 150,000 34 $ $ 262,000 $ 257,122 $ 257,097 $ 25 $ 5 1 3 -

/ 17,470,897

/ 17,144,115

/ 326,782 3,224,515 6,942,686 2,564,694 73,600,000 -

$

4,903 43,005 83,001 40,003 1,421,164 -

JF

-99-

JF

ING

Accession Limited

/ $ 287,946 $ 753,060 $ ($ 100,810 ) $ $ -

/

/

/ $ 940,196

Accession Limited

-100(1,974) 38,952 27,227

161,975

73,583

$ 680,460 55 301,923 55 680,460 55 301,923 55 16% 63% ( 6% -

7%

-

$ 46,885

3%

-

-

46,885 )

46%

-101-

-

-

Accession Limited $ $ 255,029 $

Accession Limited $ -

-102-

250

$

1,943

$

1,980

$

37

1,892 2,507

-103-

Accession Limited 448,286 15,000,000 351,386 30,000,000 100.0% 391,237 95,622

Tortola, British Virgin Islands

$2,359,967

$1,606,907

73,600,000

100.0%

$1,421,164

( $ 161,975 )

( $ 161,975 ) 89,956 ( ) )

Standard Industries, LLC 324,127 324,120 9,832,890 52.0% 120,224

U.S.A.

150,000 39,867

150,000 39,867

100.0% 50.0%

152,846 33,047

( (

1,523 ) 6,468 )

( (

4,798 ) ( 3,234 )

41,026

21,337

Renewable Resource Cayman Islands, Technology (Cayman) British West Co., Ltd. Indies 2,409,985 1,656,925 100.0%

89,290 99,553

59,290 99,553

7,675,325 363,333

97.1% 35.5%

78,666 13,065

) ( (

966 130 )

616 ( 49 )

-10492,235 43,935 100.0%

Accession Limited

940,196

(

73,583 )

21,699

(

12,796 )

95,622

5,666 3,275 292

1,523

908

$ 156,213 3. 5. 100.0% ( 1,656,925 753,060 2,409,985 100.0% ( 73,583 ) 12,796 )

2.

$

96,941

$

-

$

-

$

96,941

35.5%

$

-

$ 11,484 940,196 21,699

$

-

2,409,985

92,235

$2,562,817

$5,152,017

-10599,553 2,463,264 2,612 53,279

1.

2.

3.

4.

5.

1.

2.

(1)

(2) Renewable Resource Technology (Cayman) Co., Ltd. Accession Limited

(3)

2.(2)

-106-

0920123784

0920123784

-107-

1100 1320 1120 1140 2,483,379 43,928 2,595,375 91,241 345,148 21,541 2,700 3,954 6,475,674 2420 2440 24XX 26 27 1 4 67 2,353,567 30,402 2,186,860 107,241 344,588 44,066 2,700 4,835 5,828,560 25 24 1 4 1 63

$

406,367 471,811 10,230

4 5 -

$

375,411 362,939 15,951

4 4 -

1160 120X 1250 1260 1286 1291 1298 11XX

40,457

20,359

2100 2110 2120 2140 2160 2170 2210 2270 2288 2298 21XX

$ 1,271,199 3,500 766,112 148,264 1,186,186 61,518 57,539 140 6,314 3,500,772

13 8 1 12 1 1 36

$ 1,043,657 164,000 3,927 732,035 267,933 1,028,505 60,038 46,815 6,416 3,353,326

11 2 8 3 11 1 36

1450 1480 1421 2510

171,964 552 172,516

2 2

834,508 834,508

9 9

(

)

32,629 283,651 46,112 54,632 417,024 2810 2820 28XX 2XXX

3 1 4

495,015 76,386 571,401

5 1 6

33,685

1

33,685

1

-10831XX 320,918 3220 3260 32XX 3310 3350 33XX 823,764 1,289,701 2,325,145 738 326,928 4,766,276 56,820 4,823,096 2,666,545 ) 116,957 2,273,508 ( ( ( 9 13 24 3 49 1 50 27 ) 1 24 823,764 1,224,987 2,308,235 367,074 4,724,060 56,820 4,780,880 2,710,202 ) 207,447 2,278,125 9 13 25 4 51 1 52 29 ) 2 25 71 9,082 559 869 11,618 22,199 3420 3451 3460 3480 34XX 3610 3XXX 100 2,339 99 11,041 559 642 12,321 24,662 149,650 32,859 5,046 279,417 466,972 $ 9,655,377 100 $ 9,273,406 2 3 5 192,642 70,239 5,471 302,306 570,658 2 1 3 6

18,397 9,681 28,078 3,735,051

39

16,937 6,096 23,033 4,244,552

46

1531 1611 1681 15X1 15X8 15XY 15X9 1671 15XX

(

10 322,523

330,000 3,225,230 15,672 13,570 29,242 694,219 1,749,635 2,443,854 34 7 18 25 3,209,184 12,397 9,209 21,606 623,664 995,313 1,618,977 35 6 11 17

1710 1750 1760 1770 1780 17XX

95,399 11,840 23,134 2,351 (

1 -

(

135,698 51,692 ) 23,134 (

(

1800 1820 1830 1860 18XX

2 1 ) -

1XXX

21,182 ) 109,191 5,807,517 112,809 5,920,326 $ 9,655,377

1 60 1 61 100

21,182 ) 85,958 4,935,725 93,129 5,028,854 $ 9,273,406

1 53 1 54 100

$ 16,095,960 103 127,008 335,412 15,633,540 1 2 100 $ 13,966,910 103 109,717 272,068 13,585,125 1 2 100

4110 4170 4190

4100 5110 5910

9,377,093 6,256,447

60 40

8,898,258 4,686,867

65 35

6100 6200 6300 6000

3,848,244 399,874 86,106 4,334,224 1,922,223

25 3 28 12

3,230,654 331,353 77,433 3,639,440 1,047,427

24 2 1 27 8

6900

7110 7122 7130 7140 7160 7210 7310

5,570 3,531 4,617 22,876 12,191

1 -

7,561 1,712 1,820 8,326 33,314 22,864 -

1 -

-109-

$ 21,070 69,855 1 $ 32,941 1

7480 7100

108,538

7510 7521 7530 7540 7560 7630 7640 7880 7500

76,840 6,393 12,061 38,108 3,284 146,905 16,480 300,071 1,692,007 382,067 $ 1,309,940

1 1 2 11 3 8 $

115,411 6,688 3,369 42,406 4,736 15,797 188,407 967,558 254,557 713,001

1 1 2 7 2 5

7900 8110 9600 9601 9602

$ 1,290,209 19,731 $ 1,309,940 $ 5.22 $ 5.21

8 8 $ 4.03 $ 4.02

$ $

705,549 7,452 713,001

5 5 $ 2.20 $ 2.20

9750 9850

$ 3.00 $ 2.99

-110-

$ 3,209,184

$

10,292

$

9,209

$

19,501

$

585,547

$

625,842

$ 1,211,389

$

105,945

$

3,310

$

4,302

($

21,182 )

$

92,375

$ 4,532,449

$

85,677

$ 4,618,126

0.9 18,832

( ( ( -

-

-

-

38,117 -

( ( ( (

38,117 ) 5,704 ) 3,430 ) 288,827 )

5,704 ) 3,430 ) 288,827 )

-

-

-

-

18,832

( ( (

5,704 ) 3,430 ) 288,827 ) 18,832

-

( ( (

5,704 ) 3,430 ) 288,827 ) 18,832

-

-

-

-

-

-

-

-

-

-

(

27,365 )

-

-

(

27,365 )

(

27,365 )

-

(

27,365 )

9,209 21,606 623,664 995,313 1,618,977 135,698 ( ( 27,637 ) 51,692 ) 29,753 705,549 705,549 -

2,105

-

2,105

-

-

-

-

-

23,134 (

21,182 ) (

29,753 27,637 ) 85,958 (

2,105 705,549 29,753 27,637 ) 4,935,725

7,452 93,129 (

2,105 713,001 29,753 27,637 ) 5,028,854

-111( ( 70,555 ( ( ( 70,555 ) 449,286 ) 16,046 ) 449,286 ) 16,046 ) 4,361 4,361 31,491 $ 13,570 $ 29,242 $ 694,219 $ 1,749,635 1,290,209 3,275 1,290,209 $ 2,443,854 $ ( 40,299 ) 95,399 $ 32,041 11,840 $

-

-

-

-

-

-

3,209,184

12,397

1.4 0.5%

16,046

-

-

-

-

(

449,286 ) -

-

(

449,286 ) -

-

-

-

-

31,491

35,852

-

35,852

-

3,275

23,134 ($

21,182 ) $ (

40,299 ) 32,041 109,191 (

3,275 1,290,209 40,299 ) 32,041 $ 5,807,517 ( $

19,731 51 ) 112,809 ( (

3,275 1,309,940 40,299 ) 32,041 51 ) $ 5,920,326

-

-

-

-

-

-

-

-

$ 3,225,230

$

15,672

-112-

$ 713,001 221,005 45,580 6,688 42,406 ( 8,326 ) 1,549 ( 134,472 ) ( ( ( 134 ) 312,647 ) 2,249 ) 341,354 ( 24,238 ) 51,088 ( 614 ) 441 138,255 138,721 167,295 30,341 ( 63 ) 891 1,415,872

$1,309,940 200,336 16,475 6,393 146,905 38,108 7,444 550 45,414 26 5,723 158,556 ) 12,188 ) 448,986 ) 14,993 9,480 ) 477 447 ) 36,018 119,669 ) 169,714 39,720 ) 89 ) 1,232 1,210,613

( ( ( ( ( ( ( (

( 4,630,612 ) 4,542,494 ( 6,760 ) 66,208 -

( 4,045,947 ) 3,774,899 ( 10,947 ) 49,067 4,000

($ 7) 264 204,694 ) 12,827 5,701 ) 37,271 4,736 ) 193,446 ) $ ( 36,000 ) 649 290,579 ) 2,412 3,091 10,558 ) 42,446 ) 5,181 ) 607,540 )

(

(

( ( (

( ( ( (

( ( (

(

273,092 164,000 ) 656,821 ) 3,783 446,011 ) 989,957 ) 3,746 30,956 375,411 $ 406,367

( ( ( ( ( ( ( ( (

278,286 ) 134,000 ) 146,220 197,000 ) 443 ) 286,722 ) 5,704 ) 3,430 ) 759,365 ) 10,071 ) 38,896 336,515 $ 375,411

$ 81,465 $ 456,322

$ 113,325 $ 250,308

$4,630,612 -

$4,032,277 13,670

-113-

$4,630,612 $4,544,267 ( 1,773 ) $4,542,494 $ 245,338 14,981 ( ( ( 54,933 ) 140 ) 552 ) $ 204,694 $ ( $ $ ( $ 12,839 12 ) 12,827 9,044 3,343 ) 5,701 ( $4,045,947 $3,774,899 $3,774,899 $ 282,508 23,052 14,981 ) $ 290,579 $ 2,412 2,412 10,558 10,558

$ $

$

$ $

26,586 54,632

$ $

-

-114-

100.0% 100.0% 14,690 146,900 9,690 10 96,900 100.0% 100.0% 52.0% 52.0% 34,959 349,590 0.7 7 97.1% 95.3% 1,193 11,930 3,000 10 30,000 95.3% 97.1%

-115-

Accession Limited

Accession Limited

100.0% 100.0% Accession Limited 7,500 3,000 9,500 10,500 1 7,500 3,000 9,500 10,500 100.0% 100.0% 51,365 20,501 64,894 71,695 100.0% 100.0% 10,000 10,000

1,891 2,163

-116-

-117-

-118-

-119-

-120-

( ) ( ) ( ) 3,699 173,551 11,095 0.03

-121-

$ 9,881 180,634 205,865 9,987 $ 406,367 $ 12,561 121,228 241,622 $375,411

250 $ 1,943 $ 1,980 $ 37 3,500 $ 21,416 $ 21,266 $ 150 8,781 40,862 12,191 (4,736)

-122-

$ 65,785 1,659 404,367 32,629 504,440 ( 471,811 ) $ 32,629 $ 51,164 1,419 310,356 362,939 ( 362,939 ) $ -

1,000 3.00% $ 688,135 720,139 97,269 1,079,016 50,700 2,635,259 ( 39,884 ) $ 2,595,375 $ 543,872 645,511 354,461 797,377 42,205 2,383,426 ( 196,566 ) $ 2,186,860

157,830 54,018 173,551 Walden VC II, L.P. AsiaVest Opportunities Fund IV $ 74,676 60,629 30,000 $123,676 56,235 30,000

-123-

iGlobe Partners Fund, L.P. Techgains Pan-Pacific Corporation VantagePoint Communications Partners, L.P. IPCore Technologies Corporation Taiwan Special Opportunities Fund III Silicon Valley Equity Fund, L.P. II FuYu (Cayman) Venture Capital Fund Taiwan Special Opportunities Fund II Viador, Inc. Walden Media and Information Technology Fund, L.P. Authenex, Inc. Octamer, Inc. Connectcom Solutions, Inc. $ 26,586 20,000 18,010 15,681 9,600 8,603 7,422 5,697

$ 20,000 18,010 28,377 9,600 8,603 12,000 6,070

4,287 1,415 1,045 -

4,287 1,415 1,071 116,980 15,254 15,233 11,788 8,556 5,275 1,410

$ 283,651

1,175 $495,015

-124-

Taiwan Special Opportunities Fund III Walden VC II, L.P. Silicon Valley Equity Fund, L.P. II Walden Media and Information Technology Fund, L.P. VantagePoint Communications Partners, L. P. Taiwan Special Opportunities Fund II $ 54,049 49,000 15,254 12,696 10,133 4,578 822 373 $ 146,905 $ 7,657 2,067 21,128 5,236 4,378 1,940 $ 42,406

Silicon Valley Equity Fund, L.P. II Walden Media and Information Technology Fund, L.P. Walden VC II, L.P. VantagePoint Communications Partners, L.P. iGlobe Partners Fund, L.P.Taiwan Special Opportunities Fund I ITaiwan Special Opportunities Fund II I FuYu (Cayman) Venture Capital Fund AsiaVest Opportunities Fund IV 250

-125-

Standard Industries, LLC Renewable Resource Technology (Cayman) Co., Ltd. (RRT) $ 33,047 50.0% $ 37,408 50.0%

13,065 $ 46,112

35.5% -

9,282 29,696 $ 76,386

38.1% 23.4%

Standard Industries, LLC RRT ($ ( ( ($ 3,234 ) 49 ) 3,110 ) 6,393 ) ($ 312 ) ( 71 ) ( 6,305 ) ( $ 6,688 )

23.4% 18.1% RRT $ 46,943 10,820 57,763 ( 3,131 ) $ 54,632 $

$

-126-

$ 575,560 1,853,434 41 237,510 $ 2,666,545 $ 545,916 1,880,840 283,446 $ 2,710,202

129 505 1.00%-2.05% 2.03%-2.66% $ 53,413 129,133 182,546 ( 32,896 ) $ 149,650 ( $100,356 123,669 224,025 31,383 ) $192,642 $ 131,390 9,044 ( 525 ) 139,909 120,349 10,993 ( 515 ) 130,827 $ 9,082 $120,377 10,558 455 131,390 81,885 38,129 335 120,349 $ 11,041

-127-

1.00% 2.05%-2.81% 4.37%4.86% 4.86%-6.90% 4.62% 4.13% 1.5% 3.05% 1.61%- 2.31% $ 20,493 18,775

$

10,000

$ 141,000

1,060,484 96,385 92,830

897,657 -

11,500 $ 1,271,199

5,000 $ 1,043,657

$

-

$ 164,000

-128-

145,290 6.426%-6.732% 2.22% 3.517% 3,000 2.196% 1,875 3,000 1.29% 2.525%

$

-

$695,651

75,000

87,500

95,079

-

59,424 229,503 ( 57,539 ) $171,964

98,172 881,323 ( 46,815 ) $834,508

1,375,970 $ 452,061 $238,965

( 106,795 ) 35,952 ( 37,983 ) 16,966 ( 19,389 ) 340,812

19,184 127,041 12,339 ( 4,055 ) 4,509 ( 14,733 ) 383,250

-129-

$ 17,487 ( 1,277 ) ( 48,074 ) 23,573 ( 628 ) ( 10,823 ) 106,506 ( 41,350 ) ( 4,159 ) $ 382,067

( $ 12,405 ) 3,398 ( 97,321 ) ( 24,542 ) ( 2,611 ) ( 2,567 ) 1,576 5,779 $254,557

$ 17,600 2,823 7,901 2,771 14,623 45,718 ( 23,920 ) 21,798 ( 257 ) $ 21,541

$

(

2,413 9,248 27,036 8,263 46,960 2,413 ) 44,547

(

481 ) $ 44,066

-130-

$ 78,761 4,325 274,048 5,369 362,503 ( 83,086 ) $ 279,417

$158,771 5,308 294,486 6,064 464,629 ( 162,323 ) $302,306

$ 3,498 $ $ 21,276 $ 5,411 94,734 65,592 2,642 20,944 25,992 1,259 45,032 1,812 140,640 1,049 49,767 2,154 $ 333,671 $ 20,944 $ 114,672 $ 12,515 ( ) $ 123 2,485 352 $ 2,960 $ 123 2,485 352 $ 2,960

-131-

( ) $ 109 1,488 $ 1,597 $ 2,591 $ 109 1,488 $ 1,597 $ 2,591

$ 1,963 1,747,672 $ 1,749,635 $ 1,963 993,350 $ 995,313

544,481 289,363 37.21% 37.62% 47,081 9,416.2 5 Euro MTF Market ( ) ( )

-132-

16,257 8,443 11,612 6,350 1.4% 1.33% 1% $ 70,555 $ 38,117 $ 0.90 $ 1.40 449,286 288,827 0.05 16,046 5,704 3,430

10,368 6,350

-133-

8,443 1,925 2,339 12 2,351

2,339

-

-

2,339

2,351

$ 21,182

$ 103,899

2,339

$ 21,182

$ 49,703

$ 1,672,272

$ 1,290,209

320,172

$ 5.22

$ 4.03

-

-

533

$ 1,672,272

$ 1,290,209

320,705

$ 5.21

$ 4.02

-134-

$

960,088

$

705,549

320,172

$ 3.00

$ 2.20

-

-

399

$

960,088

$

705,549

320,571

$ 2.99

$ 2.20

2.21 2.20 24,000 25,037

-135-

$ 495 $ 11,304 496 10,117 ( $ 2,542 ) 991 ( 7,247 ) ( 9,789 ) 1,107 $ 12,739 $ 469 $ 11,946 459 9,918 ( $ 12,168 ) 928 2,615 ( 9,553 ) 1,564 $ 13,875

$

$

$

$

$ 18,511 18,511 530 19,041 19,041 60 $ 19,101 $ 19,250 $ 26,450 272,014 298,464 111,059 409,523 ( 340,896 ) 68,627 ( 8,471 ) ( 61,729 ) 869 ($ 704 ) $ 32,554 $ 17,135 17,135 910 18,045 18,045 65 $ 18,110 $ 18,750 $ 26,118 239,349 265,467 104,438 369,905 ( 350,268 ) 19,637 ( 9,353 ) ( 12,099 ) 642 ( $ 1,173 ) $ 35,095

2.00% 2.00% 3.00% 2.00%-3.00% 2.00% 1.00%-2.00% 2.75% 2.50%-2.75% 2.75% 1.25%-2.75% 2.75% 2.50%-2.75%

-136-

15,817 15,824 $ 361,691 25,959 18,131 72,389 478,170 121,498 2,685 $ 666,050 33,276 35,416 50,271 785,013 75,226 13,790 $ 3,612

$ $ $

$ $ $

$ $ $

$ 1,027,741 59,235 53,547 122,660 $ 1,263,183 $ 200,336 $ 16,475

$ 359,569 24,278 17,558 63,159 464,564 134,760 3,736 $ 600,220 34,365 38,106 44,015 716,706 82,988 41,844 $ 3,257 $

$ $ $

$ $ $

$ $ $

959,789 58,643 55,664 107,174 $ 1,181,270 $ 221,005 $ 45,580

( )

( ) $ $ 3,041 $ $ 831 1,943

-137-

( ) $ 92,830 2,700 829,885 $925,415 $ 2,700 978,001 $980,701 $ 37,006 $ 30,001

( ) ( ) 3,800 ( ) 34,000 ( )

-138-

( ) $ 19,930 2,293 1,594 1,469 1,380 4,046

( ) $ 2,886 2,886 2,886 2,886 2,886 16,357

( ) $ 6,916 4,458 3,021 2,337 2,165 14,436

-139-

( ) $ 406,367 471,811 10,230 2,483,379 43,928 32,629 283,651 46,112 $ 406,367 471,811 10,230 2,483,379 43,928 32,629 $ 375,411 362,939 15,951 2,353,567 30,402 495,015 76,386 $ 375,411 362,939 15,951 2,353,567 30,402 -

1,271,199 3,500 766,112 61,518 229,503 140 552

1,271,199 3,500 766,112 61,518 229,503 140 552

1,043,657 164,000 3,927 732,035 60,038 881,323 -

1,043,657 164,000 3,927 732,035 60,038 881,323 -

( ) 1. 2. 3.

-140-

4. ( ) 246,181 243,322 5,000 1,000 1,362,778 1,966,480 137,924 122,500 ( ) 33,011 (29,483) 970 (1,846) 31,491 (27,365) ( ) 1. 2. 3.

-141-

4. 137,924 1% 1,379 ( ) 1. 2. 3. 4. 5. 6. 7. 8. 9. ( ) ( ) ( )

-142-

( ) ( )

$ 4,774,175

$

-

$ 10,859,365

$ ( ($ ($

-

$ 15,633,540

$ 4,774,175 $ ($ 5,221 ) ( $

999,350 - $ 11,858,715 453 ) $ 1,930,718

$ 3,092,540

$

226,009

$ 6,297,361

($

999,350 ) 999,350 ) $ 15,633,540 2,821 ) $ 1,922,223 69,855 ( 300,071 ) $ 1,692,007 7,204 ) $ 9,608,706

$ 4,189,523

$

-

$ 9,395,602

$ ( ($ $

-

$ 13,585,125

14,545 $ 4,204,068 $ ( $ 294,740 ) ( $

771,064 - $ 10,166,666 3,290 ) $ 1,342,674

$ 2,733,708

$

317,724

$ 6,148,375

($

785,609 ) 785,609 ) $ 13,585,125 2,783 $ 1,047,427 108,538 ( 188,407 ) $ 967,558 3,346 ) $ 9,196,461

A cce ss i o n L i mi te d

( ) 10%

-143-

( ) 10% $ 2,778,423 17.8 $ 2,280,575 16.8

-144-

1

Accession Limited

$ 278,546

$ 255,029

-

2

$

-

$

-

$

-

$ 867,057

$ 867,057

-145100% 867,057

0

Accession Limited

1

(1)

1

(2)

2 867,057 100%

Accession Limited

0 (2) (3) 4,353,958 2,412,376 2,204,111 4,353,958 40,000 15,000 -

(2)

$ 4,353,958

$ 550,000

$ 520,000

$

-

10% 40%

$ 5,442,447 ( 5,442,447 ( 5,442,447 (

) ) )

0

0

0

Accession Limited

1

-1465,442,447

(1)

(2)

(3)

(4)

(5)

(6)

100%

$

$

ETF ETF JF JF JF

-147DB 2009-1

ING

90,000 946,531 79,286 73,510 6,180 77,827 100,000 120,000 213,220 254,972 866,920 532,322 326,782 3,880,873 2,564,694 3,224,515 6,942,686 100 73,600,000 30,000,000 15,000,000

5,850 11,358 8,959 4,565 3,449 4,631 2,743 2,688 3,917 5,099 10,256 10,710 4,903 50,007 40,003 43,005 83,001 32,629

5,850 11,358 8,959 4,565 3,449 4,631 2,743 2,688 3,917 5,099 10,256 10,710 4,903 50,007 40,003 43,005 83,001 32,629

Accession Limited

Standard Industries, LLC 9,832,890 7,675,325 363,333 3,125,554 1,194,249 1,600,000

1,421,164 391,237 152,846 33,047 120,224 78,666 13,065 15,681 9,600 5,697

100.0% 100.0% 100.0% 50.0% 52.0% 97.1% 35.5% 9.4% 0.3% 2.7%

1,421,164 399,179 256,744 33,047 119,665 78,490 13,065 15,096 17,514 5,107

Renewable Resource Technology (Cayman) Co., Ltd.

VantagePoint Communications Partners, L.P. Walden VC II, L.P. 74,676 18,010 500,000 1,200,000 3,000,000 2,000,000 2,424,242 11,200 907,815 1,000,000 674,000 30,000 20,000 7,422 8,603 0.8% 2.3% 1.9% 7.0% 5.5% 0.4% 8.8% 1.4% 0.9% 1.4% 2.1%

$

4,287

0.5%

$

9,174 7,233 27,944 15,733 -

iGlobe Partners Fund, L.P.

Techgains Pan-Pacific Corporation

Authenex, Inc.

-148Accession Limited

Octamer, Inc.

Accession Limited

PIMCO Taiwan Special Opportunities Fund III IPCore Technologies Corporation

57,220 83,609 700 108,889 200

33,864 30,438 1,045 60,629 940,196 21,699

33,864 30,438 2.5% 0.1% 0.7% 100.0% 100.0% 940,196 21,699 137

AsiaVest Opportunities Fund IV

131,000 2,350,654 103,899

$

1,415

0.2%

$

1,879 103,899

JF

-149JF

53,500 708,238 386,532 416,750 500,000 392,825 500,000 350,000 276,612 360,035 150,000 204,543 400,000 400,000 295,159 101,300 8,297,000 23.7% 860,367 204,441 437,537 1,564,000 2,000,000 266,662 3,600,000 12,508 3,151 5,006 26,586 2.1% 2.8% 0.5% 18.1%

3,601 23,372 7,777 6,104 4,730 4,495 5,215 5,335 3,821 4,304 1,659 5,377 3,188 4,668 6,703 1,351 -

3,601 23,372 7,777 6,104 4,730 4,495 5,215 5,335 3,821 4,304 1,659 5,377 3,188 4,668 6,703 1,351 12,508 3,151 5,006 18,617

Connectcom Solutions, Inc.

/ 4,737,844 2,524,871 4,777,737 2,207,399 50,600,000 1,085,757 12,000 16,718,220 18,869,704 10,804,513 867,057 23,000,000 13,920,292 217,000 753,060 185,000 227,500 166,500 32,012 8,154,455 118,500 71,013 13,824,291 206,000 8,650,224 128,000 8,650,224 18,602,028 10,361,854 11,355,598 17,803,977 18,869,704 10,804,513 20,867,738 244,000 20,867,738 30,021 12,819,545 153,000 8,401,730 100,228 244,020 128,038 277,234 150,533 177,010 197,013 227,506 166,506 ( 13,855,112 183,000 13,855,112 183,103 22,045,859 264,000 22,045,859 264,086 20,154,141 268,500 16,929,626 225,539 225,500 264,000 183,000 100,021 244,000 128,000 277,013 150,512 177,000 198,953 ) 197,000 227,500 166,500 17,309,572 273,000 17,309,572 273,082 273,000 9,180,424 143,000 9,180,424 143,055 143,000 55 82 39 86 103 207 20 38 221 21 10 13 6 6 57,010 19,255,256 232,000 23,993,100 289,245 289,010 235 22,648,569 285,000 22,648,569 285,158 285,000 158 1,025,870 174,500 1,025,870 174,650 174,500 150 5 1 3 9,736,969 150,000 9,736,969 150,034 150,000 34 $ $ 262,000 $ 257,122 $ 257,097 $ 25 $ -

/ 17,470,897

/ 17,144,115

/ 326,782 3,224,515 6,942,686 2,564,694 73,600,000 -

$

4,903 43,005 83,001 40,003 1,421,164 -

JF

-150-

JF

ING

Accession Limited

/ $ 287,946 $ 753,060 $ ($ 100,810 ) $ $ $

/

/

/ 940,196

Accession Limited

-151(1,974) 38,952 27,227

161,975

73,583

$ 680,460 55 301,923 55 680,460 55 301,923 55 16% 63% ( 6% -

7%

-

$ 46,885

3%

-

-

46,885 )

46%

-152-

-

-

Accession Limited $ $ $ 255,029

Accession Limited $ -

-153-

250

$

1,943

$

1,980

$

37

1,892 2,507

-154-

Accession Limited 448,286 15,000,000 351,386 30,000,000 100.0% 391,237 95,622

Tortola, British Virgin Islands

$ 2,359,967

$ 1,606,907

73,600,000

100.0%

$ 1,421,164

( $ 161,975 )

( $161,975) 89,956 ( ) )

Standard Industries, LLC 324,127 324,120 9,832,890 52.0% 120,224

U.S.A.

150,000 39,867

150,000 39,867

100.0% 50.0%

152,846 33,047

( (

1,523 ) 6,468 )

( (

4,798 ) ( 3,234 )

41,026

21,337

Renewable Resource Cayman Islands, Technology (Cayman) British West Indies Co., Ltd. 2,409,985 1,656,925 100.0%

89,290 99,553

59,290 99,553

7,675,325 363,333

97.1% 35.5%

78,666 13,065

(

966 130 )

(

616 ( 49 )

)

-15592,235 43,935 100.0%

Accession Limited

940,196

(

73,583 )

21,699

(

12,796 )

9 5,622 3,275 29 2

5,6 66

1 ,523

9 08

$ 156,213 3. 5. 100.0% ( 12,796 ) 1,656,925 753,060 2,409,985 100.0% ( 73,583 )

2.

$

96,941

$

-

$

-

$

96,941

35.5%

$

-

$ 11,484 940,196 21,699

$

-

2,409,985

92,235

$2,562,817

$5,152,017

-15699,553 2,463,264 2,612 53,279

1.

2.

3.

4.

5.

1.

2.

(1)

(2) Renewable Resource Technology (Cayman) Co., Ltd. Accession Limited

(3)

2.(2)

0 0 0 0 0 0 0 1

$

Accession Limited

1 1 1 1 1 1 1 3

46,885 126 418 680,460 16,967 301,923 3,154 255,029

0.5% 4.4% 0.1% 1.9% 2.6%

-157-

0 0 0 0 0 0 0 0 0 1

Accession Limited

1 1 1 1 1 1 1 1 1 3

79,081 10 801 2,117 662,759 14,545 14,223 94,082 6,022 261,486

0.9% 4.9% 0.1% 0.1% 0.7% 2.8%

1.

0

2.

1

1.

2.

3.

-158-

232,158 740,992 (56,387) (24,306) 892,457 19,148 552 965 20,665 16,046 7,636 824,877 (40,299)

3,409,102 3,176,944 7 2,436,854 1,695,862 44 1,004,865 1,061,252 (5) 429,950 454,256 (5) 7,280,771 6,388,314 14 1,419,202 1,400,054 1 552 0 100 53,500 52,535 2 1,473,254 1,452,589 1 3,225,230 3,209,184 1 29,242 21,606 35 2,443,854 1,618,977 51 95,399 135,698 (30) 0 0 0 0 () 11,840 (51,692) 63,532 123 () 23,134 23,134 0 0 (21,182) (21,182) 0 0 5,807,517 4,935,725 871,792 18 1. 2. 3. 4.

-159-

() $ 10,130,192 $ 96,484 304,000 9,729,708 5,652,061 4,077,647 2,268,539 1,809,108 19,262 156,098 1,672,272 382,063 1,480,359 16,114 51,681 1,412,564 618,723 793,841 331,752 462,089 (13,108) (263,203) 712,184 127,524 17 20 20 17 12 24 17 34 (40) (63) 74 50

8,649,833 $ 80,370 252,319 8,317,144 5,033,338 3,283,806 1,936,787 1,347,019 32,370 419,301 960,088 254,539

1,290,209 705,549 584,660 83 1. 2. 3. 4. 5. 6. ()

-160-

1. (1)

(2)

(3)

() (1)(2)- (3) $144,773

$117,554

$1,413,480

$1,386,261

(1) 1,413,480 (2) 936,975 (3) 449,286 2. (1) (2) (1) 1. 2. 3. 105.54 218.14 18.45 99.60 221.83 12.99 (2) () (2)-(1) / (1) -5.63% 1.69% -29.59%

3. (2)

(1)

(3)

()(1)(2)-(3)

$144,773

$1,097,592

$1,225,225

$17,140

-161-

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

() 98 99 100 101

-

99

$287,954

$61,448

$226,506

$-

$-

() 1. 2.

98 ( )

($73,583)

$95,622

( ) 1. : 98 0.0001% : 98 (0.019%)

2.

-162-

3. : 99 3 CPI 0.81% ( ) 98 ()

12.5% 2,167 99

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

-163-

1.98 (1)

100.0%

97.1% 100.0%

100.0%

Accession Limited

100% 100%

52.0%

-164-

(2) 88.04.12 136 5 300,000 87.03.24 136 5 86.04.28 136 5 75.07.30 6 Portcullis TrustNet Chambers, P. O. Box 89.05.17 3444,Road Town, Tortola , British Virgin Islands 90.09.11 1128 97.05.28

79,070 150,000 189,072 73,600 74,500 20,000

Accession Limited

-165-

(3) (4)

(5)

30,000,000

100.00%

30,000,000

100.00%

7,675,325

97.07%

-166-

7,675,325

97.07%

15,000,000

100.00%

15,000,000

100.00%

9,832,890

52.00%

71,581 285,032 73,600,000

0.38% 1.51% 100.00%

-167-

Accession Limited

74,500

100.00%

Accession Limited

100.00% 20,000

(6) 300,000 79,070 150,000 189,072 2,359,967 2,409,985 92,235 22,044 344 21,699 3,094,133 2,153,937 940,196 4,924,328 8,551 1,421,234 70 1,421,164 0 401,243 171,145 230,098 318,781 29,967 (453) 6,416 (11,211) 256,890 146 256,744 11,291 (1,519) 82,238 1,379 80,859 16,967 1,177 650,212 251,033 399,179 1,793,259 636,697 95,622 966 (1,523) 41,026 (161,975) (73,583) (12,796) () () () () 3.19 0.14 (0.1) 0.09 (0.00)

Accession Limited

-168-

()98 106 ~ 157

()

:;;% -

150,000 89 89 90 98 11,694 2,163,000 16,244 9,960 166,000 4,938

100%

2,350,654

21,182

-169-

() 1. (1) 1.1.() 1.2. A. B. C. 1.3. (2) 2.1. A. B. 2.2. A. 94 B. 2. () 92/01/28 95/11 94/06/25 () 9120051 64287 (94) 0 000

CIA

-170-

() 99/04/06 ,, , ,

-171-