09:18     POWERLEADER<08236> - Yearly Results Announcement (1)                

                                                                              
    Powerleader Science & Technology Company Limited announced on 24/03/2005: 
    (stock code: 08236 )                                                      
                                                                              
    Year end date                         :31/12/2004                         
    Currency                              :RMB                                
    Auditors' report                      :Unqualified                        
                                                                              
                                                                              
    Important Note :                                                          
                                                                              
    This result announcement form only contains extracted information from    
    and should be read in conjunction with the detailed results announcement  
    of the issuer, which can be viewed on the GEM website at                  
    http://www.hkgem.com                                                      
                                                                              
                                                 (Audited)         (Audited)  
                                                  Current Last Corresponding  
                                                   Period            Period   
                                           from 01/01/2004   from 01/01/2003  
                                             to 31/12/2004     to 31/12/2003  
                                                     $'000             $'000  
                                                                              
    Turnover                              :        541,350           264,222  
    Profit/(Loss) from Operations         :         46,085            33,881  
    Finance cost                          :        (3,482)           (1,709)  
    Share of Profit/(Loss) of Associates  :            N/A               N/A  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :            N/A               N/A  
    Profit/(Loss) after Taxation & MI     :         37,394            30,272  
    % Change Over the Last Period         :         +23.53%                   
    EPS / (LPS)                                                               
              Basic (in dollar)           :      RMB 0.042         RMB 0.034  
              Diluted (in dollar)         :            N/A               N/A  
    Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A  
    Profit (Loss) after ETD Items         :        37,394            30,272   
    Final Dividends per Share             :            NIL               NIL  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for Final Dividends         :            N/A                    
    Payable Date                          :            N/A                    
    B/C Dates for Annual General Meeting  :21/04/2005   to 20/05/2005   bdi.  
    Other Distribution for Current Period :            NIL                    
    B/C Dates for Other Distribution      :            N/A                    
                                           (bdi: both days inclusive)         
                                                                              
    For and on behalf of                                                      
    Powerleader Science & Technology Company Limited                          
                                                                              
    Signature :                                                               
    Name      : Li Ruijie                                                     
    Title     : Chairman                                                      
                                                                              
    Responsibility statement                                                  
                                                                              
    The directors of the Company (the "Directors") as at the date hereof      
    hereby collectively and individually accept full responsibility for the   
    accuracy of the information contained in this results announcement form   
    (the "Information") and confirm, having made all reasonable inquiries,    
    that to the best of their knowledge and belief the Information are        
    accurate and complete in all material respects and not misleading and     
    that there are no other matters the omission of which would make the      
    Information herein inaccurate or misleading.The Directors acknowledge     
    that the Stock Exchange has no responsibility whatsoever with regard to   
    the Information and undertake to indemnify the Exchange against all       
    liability incurred and all losses suffered by the Exchange in connection  
    with or relating to the Information.                                      
                                                                              
    Remarks:                                                                  
                                                                              
    1. General and Basis of Preparation                                       
    Powerleader Science & Technology Company Limited (the                     
    "Company") was established in the People's Republic of China              
    (the "PRC") on 20 August 1997, as a private-owned company and             
    became a joint stock limited company on 31 July 2001 by                   
    converting its net assets as at 30 June 2001 into 66,000,000 shares       
    of RMB1 each.                                                             
                                                                              
    On 12 December 2002, the Company issued 220,000,000 H shares              
    to institutional investors by way of placement and these H shares         
    were listed on Growth Enterprises Market of the Stock Exchange            
    of Hong Kong Limited on the same date.                                    
                                                                              
    The Company and its subsidaries (the "Group") operates in the PRC and     
    Hong Kong and is principally engaged in the design, manufacture and       
    sales of computer servers and related products and the sales and          
    distribution of platform and accessories products.                        
                                                                              
    The accounts have been prepared in accordance with accounting principles  
    generally accepted in Hong Kong and comply with accounting standards      
    issued by the Hong Kong Institute of Certified Public Accounts            
    ("HKICPA") (collectively as "HKGAAP"). They have been prepared under the  
    historical cost convention and the accounting policies adopted are        
    consistent with those adopted in the preparation of the Company's         
    annual financial statements for the year ended 31 December 2003.