09:04     YIDONG ELEC<08249> - Yearly Results Announcement (1)                

                                                                              
    Ningbo Yidong Electronic Company Limited announced on 30/03/2005:         
    (stock code: 08249 )                                                      
                                                                              
    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                              :        494,123           315,954  
    Profit/(Loss) from Operations         :         86,786            74,838  
    Finance cost                          :        (4,567)           (3,585)  
    Share of Profit/(Loss) of Associates  :           (33)                 0  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :              0                 0  
    Profit/(Loss) after Taxation & MI     :         56,187            47,117  
    % Change Over the Last Period         :         +19.25%                   
    EPS / (LPS)                                                               
              Basic (in dollar)           :       RMB 0.11          RMB 0.12  
              Diluted (in dollar)         :            N/A               N/A  
    Extraordinary (ETD) Gain/(Loss)       :             0                 0   
    Profit (Loss) after ETD Items         :        56,187            47,117   
    Final Dividends per Share             :    RMB1.2cents       RMB1.2cents  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for Final Dividends         : 16/04/2005   to 17/05/2005   bdi. 
    Payable Date                          :     17/06/2005                    
    B/C Dates for Annual General Meeting  : 16/04/2005   to 17/05/2005   bdi. 
    Other Distribution for Current Period :            NIL                    
    B/C Dates for Other Distribution      :            N/A                    
                                            (bdi: both days inclusive)        
                                                                              
    For and on behalf of                                                      
    Ningbo Yidong Electronic Company Limited                                  
                                                                              
    Signature :                                                               
    Name      : Wang Ya Qun                                                   
    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                                                                
    Ningbo Yidong Electronic Industry Company Limited ("Yidong Electronic"),  
    a limited liability company established in the PRC on 3 August 2000       
    with an intial registered capital of RMB5,000,000.                        
                                                                              
    In May 2002, Yidong Electronic increased its                              
    registered capital from RMB5,000,000 to RMB15,000,000.