PDF《CHINA NEW ENERGY POWER GROUP》

2 Church Street Hamilton HM11 Bermuda 总办事处及香港主要营业地点 香港 中环 皇后大道中99号 中环中心 28楼2807室4股份登记总处 Butterfield Fund Services (Bermuda) Limited Rosebank Centre

11 Bermudiana Road Pembroke Bermuda 股份登记处香港分处 香港中央证券登记有限公司 香港 皇后大道东183号 合和中心 17楼1712-1716室 股份代号

1041 网址 www.cnepgl.com PRINCIPAL SHARE REGISTRAR Butterfield Fund Services (Bermuda) Limited Rosebank Centre

11 Bermudiana Road Pembroke Bermuda HONG KONG BRANCH SHARE REGISTRAR Computershare Hong Kong Investor Services Limited Rooms 1712-1716 17th Floor Hopewell Centre

183 Queen'

s Road East Hong Kong STOCK CODE

1041 WEBSITE www.cnepgl.com

5 Dear Shareholders, On behalf of the board (the Board ) of directors (the Directors ) of China New Energy Power Group Limited (the Company ), I am pleased to present the financial results of the Company and its subsidiaries (collectively referred as the Group ) for the financial year ended

31 December 2012. RESULTS The audited consolidated profit for the year of the Group attributable to owners of the Company was approximately HK$32.66 million. Basic earnings per share based on the weighted average number of 1,711,688,004 shares in issue amounted to HK1.91 cents (2011: earnings per share HK5.33 cents). REVIEW OF FINANCIAL RESULTS For the year ended

31 December 2012, the Group'

s revenue increased to approximately HK$0.25 million from approximately HK$0.13 million in last year. Net gain in the fair value on derivative financial instruments through profit or loss reflected a profit of approximately HK$77.70 million. As a result, the Group recorded a profit of approximately HK$28.24 million in the financial year ended

31 December 2012. Profit for the year attributable to owners of the Company amounted to approximately HK$32.66 million (2011: approximately HK$60.89 million). BUSINESS REVIEW After the disposal of the deteriorating timber business at end of last year, property development and investment in securities continue to become business operations of the Group during the year under review. Although the property development sector in the People'

s Republic of China ( PRC ) experienced a challenging year in 2012, the property development project of the Group was still in a development stage and thus was not materially affected by the restrictive measures implemented by the PRC government. While no revenue was generated from the Group'

s property development business, a few dividend income was recorded by its investment in securities business. 各位股东: 本人欣然代表中国新能源动力集团有限公 司(「本 公司」 )董事(「........