08:58     SUNSHINE<08276> - Yearly Results Announcement (2)                   

                                                                              
    Comparative figures as at and for the year ended 31 December 2003 have    
    been presented on the same basis.                                         
                                                                              
                                                                              
    2. Dividend                                                               
                                                                              
    The Directors proposed a final dividend of HK3 cents per ordinary share,  
    totaling HK$9,600,000 (equivalent of RMB10,176,000). This proposed        
    dividend is not reflected as a dividend payable in these accounts, but    
    was reflected as an appropriation of retained earnings for the year       
    ending 31st December 2005. (2003: Nil).                                   
                                                                              
                                                                              
    3. Earnings per share                                                     
                                                                              
    The calculation of the Group's basic earnings per share is based on       
    the consolidated profit attributable to shareholders of RMB36,085,000     
    (2003: RMB21,367,000), and on the weighted average of 309,698,630         
    (2003: 240,000,000) ordinary shares in issue during the year.             
    The calculation of the Group's diluted earnings per share for the year    
    ended 31 December 2004 is based on the consolidated profit attributable   
    to shareholders of RMB36,085,000, and on the weighted average number of   
    309,698,630 ordinary shares in issue during the year plus the weighted    
    average number of 290,929 ordinary shares deemed to be issued at no       
    consideration if all outstanding options had been exercised.              
    Diluted earnings per share for the year ended 31 December 2003 was not    
    presented as the Company had no dilutive potential ordinary shares        
    as at 31 December 2003.                                                   
                                                                              
    *Translated from the Chinese name