09:39     SING LEE<08076> - Quarterly Results Announcement (2)                

                                                                              
    2. Turnover                                                               
                                             Three months ended               
                                               31  March                      
                                              2005     2004                   
                                              RMB       RMB                   
                                             ('000)    ('000)                 
    Sale of software                            814     2,047                 
    Sale of hardware                            568       558                 
    Maintenance income                          362       69                  
                                            ------------------                
                                              1,744    2,674                  
                                              =====    =====                  
                                                                              
    3. Taxation                                                               
                                            Three months ended                
                                                31 March                      
                                              2005     2004                   
                                              RMB       RMB                   
                                             ('000)    ('000)                 
    Business tax (Note a)                      15      55                     
                                              ====    ====                    
                                                                              
    Hong Kong profits tax has not been provided as the Group had no income    
    assessable for profits tax in Hong Kong for the three months ended 31     
    March 2005 (three months ended 31 March 2004: Nil).                       
                                                                              
    PRC enterprise income tax has not been provided as the Group had no       
    estimated assessable profits for the three months ended 31 March          
    2005 (three months ended 31 March 2004: Nil).                             
                                                                              
    There was no significant unprovided deferred taxation for the reported    
    periods.                                                                  
                                                                              
    Notes:                                                                    
    (a) Tax paid in respect to business operation and interest income of      
    PRC source.                                                               
                                                                              
    4. Loss per share                                                         
                                                                              
    The calculation of the Group's basic loss per share for the three         
    months ended 31 March 2005 based on the Group's unaudited loss            
    attributable to shareholder of  approximately RMB13,961,000               
    (three months ended 31 March 2004: loss attributable to shareholders      
    of approximately RMB5,032,000) divided by the weighted average number     
    of ordinary shares outstanding for three months ended 31 March            
    2005 of  603,000,000 shares (three months ended 31 March 2004:            
    603,000,000 shares) in issue respectively.                                
                                                                              
                                                                              
    Diluted loss per share has not been presented as the exercise of          
    share options would have an anti-dilutive effect during the three         
    months ended 31 March 2005 and three months ended 31 March 2004.          
                                                                              
                                                                              
    5. Dividend                                                               
                                                                              
    The Board does not recommend the payment of dividend for the three        
    months ended 31 March 2005 (three months ended 31 March 2004: Nil).