华泰稳健:2018年年度报告
2019-03-27
华泰柏瑞稳健收益债券A
SNlgt^z3Pee6vP:R8WR8bDú‘ 2018^t^t^bTJ 2018^t12g 31e Wú‘t N SNlgt^Wú‘t g –PlS Wú‘X{N N-V”Lg –PlS Qúeg 2019^t3g 27e SNlgt^z3Pee6vP:R82018^t^t^bTJ §1‘‰y:Sv_U 1.1 ‘‰y: Wú‘t NvcNO 0 cNOg,bTJb@}DN [XW(ZPG°} [ü`'–H ‘'W ^v[ùQvQ…[vw [`'0 Qxn`'T[et`'bbN*R+S&vl_#0 g,^t^bTJ]ò~N R NKNN N rìzcN{~[WT a ^vu1cN{~S0 Wú‘X{NN-V”Lg –PlSh9cng,Wú‘T ‰ N2019^t3g 26eY h8Ng,bTJN- v"c h 0 QP_ Wú‘`;‘:v`Q................................. 64 §10 _ e>_ Wú‘SR¨...................................................................................................................... 65 §11 ‘'NNcíy:.................................................................................................................................. 66 11.1 Wú‘ g NY'O Q....................................................................................................... 66 11.2 Wú‘t N0 Wú‘X{NvN èWú‘X{èèv‘'NNSR¨....................................... 66 11.3 m‰SWú‘t N0 Wú‘"§ Wú‘X{N Rv........................................................... 66 11.4 Wú‘DVueve9S............................................................................................................... 66 11.5 N:Wú‘L[vO ^ NRb@`Q................................................................................... 66 11.6 {t N0 bX{NSQv~§{t NTXS×z=gb Y Z{I`Q................................................... 66 11.7 Wú‘u(R8QlSN¤ SUQCvg Qs`Q............................................................................... 67 11.8 QvN‘'NN........................................................................................................................... 69 §12 _qTbDQ{VvQvN‘‰á`o.................................................................................................... 76 12.1 bTJg Q…SUN bDc g Wú‘kO0b …0%v`Q........................................ 76 12.2 _qTbDQ{VvQvN‘‰á`o........................................................................................... 76 §13 Y geNv_U................................................................................................................................... 77 13.1 Y geNv_U........................................................................................................................... 77 13.2 [Xe>W0p.................................................................................................................................. 77 13.3 g–e_ .................................................................................................................................. 77 {, 4 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ §2 Wú‘N 2.1 Wú‘úg,`Q Wú‘ y SNlgt^z3Pee6vP:R8WR8bDú‘ Wú‘y SNlgt^z3Pee6vP:R8 Wú‘;Nx 460008 Wú‘\e_ YQ~W_ e>_ Wú‘T u eHe 2012^t12g 4e Wú‘t N SNlgt^Wú‘t g –PlS Wú‘X{N N-V”Lg –PlS bTJgg+ Wú‘`; 2,967,628,802.86N Wú‘T [X~íg N [g N \^R ~§Wú‘Wú‘y SNlgt^z3Pee6vP:R8A SNlgt^z3Pee6vP:R8C N \^R ~§Wú‘N¤ Nx 460008 460108 bTJgg+ N \^R ~§Wú‘N`; 2,728,475,659.51N 239,153,143.35N 2.2 Wú‘§Tf bDh W(T t c§R6–iWúx@N BWú‘D§vg z3PeXP< RN‰[s°… ~ékúQvbD6v bDVue g,Wú‘ W([ù[‰mNp0 R)sSS 0 e6vsfò~_b` SS TSP:N; OSWúg,—b gvWúx@N ~üT (NEg {t {Vue0 g –Pg‘Mn{Vue0 ‘NX {Vue0 `o]{Vuev{N;R¨bDVue béT veg:TTyg^úP:R8~T 0 N ~ékúQ N ^tg ”L[g [Xk>e6vs z T +1% –i6vry_ g,Wú‘^NR8bDú‘-vN–iy g e6vTg –iN' ^ W:Wú‘ ONNm÷ WWú‘hWWú‘ 2.3 Wú‘t NTWú‘X{N yv Wú‘t N Wú‘X{N T y SNlgt^Wú‘t g –PlS N-V”Lg –PlS Oá`ob—2# YT –HV sl8l N Tu5 021-38601777 010-66594896 u5[P± cs4008880001@huatai-pb.com fcid@bankofchina.com [b7g Ru5 400-888-0001 95566 O w 021-38601799 010-66594942 lèQW0W@ N mw^ mfN e°S:l u 199_ S N^ ‰S:Y QtèQ…Y'W1S÷ N mwY'N”S^W:1S÷17\B RQlW0W@ N mw^ mfN e°S:l u 199_ S N^ ‰S:Y QtèQ…Y'W1S÷ N mwY'N”S^W:1S÷17\B ? x 200135 100818 l[NhN > –Hn 2.4 Oá`ob—2_ g,Wú‘[vOá`ob—2~T y N-VR8b0 N mwR8b0 R8eb v{}ú‘t^bTJkcev{t NN’TQQ http://www.huatai-pb.com W@ Wú‘t^bTJY nW0p N mw^ mfN e°S:l u 199_ Y'N”S^W:1S÷ i|17\BSWú‘X{NOOb@ {, 5 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ 2.5 QvNvQsD yv T y RQlW0W@ O ^ NRb@ fnSNl8S-Y)O ^ NRb@g –Pl N-VN mw^ fS:nVnè02S÷ S \UO N ^W:2^§fnSNl8S-_11i| lèQv{°g:g N mw^ mfN e°S:l u 199_ N mw SNlgt^Wú‘t g –PlS Y'N”S^W:1S÷17\B {, 6 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ §3N;‰"c h 0 Wú‘P ^t^R)mR ‘M ^t^ s°‘b_ Se>`; Y lè N ~ep `; 2018 2.1000 531,612,931.52 61,610,329.94 593,223,261.46 2017 - - - - 2016 - - - - T 2.1000 531,612,931.52 61,610,329.94 593,223,261.46 SUOM Nl ^ QC SNlgt^z3Pee6vP:R8C k10NWú‘ QbDb_ Se> ^t^R)mR ‘M ^t^ s°‘b_ Se>`; Y lè N ~ep `; 2018 2.1000 16,043,975.24 21,101,863.66 37,145,838.90 2017 - - - - 2016 - - - - T 2.1000 16,043,975.24 21,101,863.66 37,145,838.90 {, 13 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ §4 {t NbTJ 4.1 Wú‘t NSWú‘t `Q 4.1.1 Wú‘t NSQv{t Wú‘~ g,Wú‘t NN:SNlgt^Wú‘t g –PlS0 SNlgt^Wú‘t g –PlSf/~N-VvO by Q N2004^t11g 18eb zvT Dú‘t QlS lèQD,N:2NQCNl ^ 0 vRMv gb N: SNlR8g –PlS0 gt^bD –P#QlS SAIGGIC T]e°S:e°bg/N§Ng –P QlS QúDORR+ N:49%0 49%T2%0 vRMQlSe× {t SNlgt^vNN- Vm÷ WR8bDú ‘ SNlgt^‘WXTz3g,XR)P:R8WR8bDú‘ N ~R)N¤ W_ e>_ c epR8bDú‘ SNlgt^yg m÷ WR8bDú‘ SNlgt^N÷P_ c epR8bDú ‘ SNlgt^N N-\ vN¤ W_ e>_ c epR8bDú‘TWú‘ SNlgt^Oáu(XR)P:R8W R8bDú‘ SNlgt^lm300N¤ W_ e>_ c epR8bDú‘ SNlgt^lm300N¤ W_ e>_ c epR8bDú‘TWú‘ SNlgt^z3Pee6vP:R8WR8bDú‘ SNlgt^‘ X_:m÷ W R8bDú‘ SNlgt^N0v~P:P:R8WR8bDú‘ SNlgt^[c[c~P:R8WR8bDú‘ SNlgt^R e°SG~§m÷ WR8bDú‘ SNlgt^N0lGP:R8WR8bDú‘ SNlgt^‘ O pum;‘Mnm÷ WR8bDú‘ SNlgt^R e°R¨Rum;‘Mnm÷ WR8bDú‘ SNlgt^‘ qR¨pum;‘Mnm÷ WR8bDú‘ SNlgt^yg hWR8bDú‘ SNlgt^e°R)pum; ‘Mnm÷ WR8bDú‘ SNlgt^N-500N¤ W_ e>_ c epR8bDú‘ SNlgt^N-500 N¤ W_ e>_ c epR8bDú‘TWú‘ SNlgt^m9 pum;‘Mnm÷ WR8bDú‘ SN lgt^‘ fzagpum;‘Mnm÷ WR8bDú‘ SNlgt^Pe^ m;pum;‘Mnm÷ WR8bDú ‘ SNlgt^‘ ~[ùe6v{Vue[g _ e>m÷ WR8bDú‘ SNlgt^N¤ W'^ W:Wú‘ pum;‘Mnm÷ WR8b SNlgt^N-VR62025pum;‘Mnm÷ WR8bDú‘ SNlgt^oR±R¨R Dú‘ SNlgt^|Vbpum;‘Mnm÷ WR8bDú‘ SNlgt^‘ [ùQz3Pee6v[g _ e> m÷ WSw R8bDú‘ SNlgt^Y)m['^ W:Wú‘ SNlgt^Y {Vuepum;‘Mnm÷ W R8bDú‘ SNlgt^wR)pum;‘Mnm÷ WR8bDú‘ SNlgt^e°~mNln/mpum;‘Mnm÷ WR8bDú‘ SNlgt^ R)pum;‘Mnm÷ WR8bDú‘ SNlgt^NR)pum;‘Mnm÷ W R8bDú‘ SNlgt^QtR)pum;‘Mnm÷ WR8bDú‘ SNlgt^N÷P<|30pum;‘Mnm÷ W R8bDú‘ SNlgt^‘ R O pum;‘Mnm÷ WR8bDú‘ SNlgt^u riS;opum;‘Mnm÷ T WR8bDú‘ SNlgt^[R)pum;‘Mnm÷ WR8bDú‘ SNlgt^‘ –? lpum;‘Mn {, 14 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ m÷ WR8bDú‘ SNlgt^n/‘ pum;‘Mnm÷ WR8bDú‘ SNlgt^b uee°QtN§ N m÷ WR8bDú‘ SNlgt^e°‘W0N§pum;‘Mnm÷ WR8bDú‘ SNlgt^MSCIN- VA–EN¤ W_ e>_ c epWú‘ SNlgt^VO etT |m÷ WR8bDú‘ SNlgt^S; u—Pe^m÷ WR8bDú‘ SNlgt^s°Ng RN m÷ WR8bDú‘ SNlgt^MSCIN-VA V–Ec epWú‘TWú‘ SNlgt^N-~R)ONlN¤ W_ e>_ c epR8bDú‘ b*ó018 ^t12g 31e QlSWú‘t ‰!N:980.05NQC0 4.1.2 Wú‘t b Wú‘t \ ~ SWú‘t Rt {N YT L Ng,Wú‘Wú‘t Rt g –P R8NN ^t–P f NLg yNeg Ro`;~t SZ X0 2006.9-2008.12 N]QK±D, ~ ~ P:R8N¤ TX 2009.3-2012.8 NSNY Wú‘t g –P QlSWú‘t 0 2012 ^t8g R QeSNlgt^ Ro`;~ Wú‘t g –PlS t 0 g,Wú 2013^t10 NVú[e6vè; cQCf - 12^t ‘Wú‘ g 16e v0 2013^t10g w ~t SNlgt^z3Pee6vP: R8WR8bDú‘ Wú‘t 0 2014^t2 g w`;~t R t 0 2015^t12g w QlSRo`;~t 0 S N Y'[f~mN[f[fX ~ ~Y'[fSTERNUF[f–b ‘[fSZX0 ‘[fxUX 11^t R8NN ~S0 fNm W3S\U”L s°]òf T N:^s[‰”L `;L ‘ W:èú[e6v N Mu TN¤ TX #,Y ^ t "§Tv D§{t ]O\ N-V ]UF”L`;L‘ Vú[e6v W:èl ^ P:R8N¤ è;v0 2017^t11 TX #”L&7v –H - 11^t g,Wú‘ g 22e ê%P:R8bD Wú‘t O\0 2012^t9g R Qe SNlgt^Wú‘t g –PlS 2012^t11g wSNlgt^‘WXT z3g,XR)P:R8WR8 bDú‘ú‘ t 2013^t9g w SNlgt^N0v~P:P: R8WR8bDú‘ Wú‘t 2013^t11 {, 15 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ g ó017^t11g NSN lgt^[c[c~P:R8W R8bDú‘Wú‘ ~t 2014^t12g w NSNlgt^N0lGP:R8 WR8bDú‘Wú ‘t 2015^t1g wVú[e6vèo`; v0 2016^t1g w Vú[e6vè; v0 2017^t11g w SNlgt^z3Pee6vP: R8WR8bDú‘ SNlgt^Oáu(XR)P: R8WR8bDú‘ Wú‘t 0 4.2 {t N[ùbTJg Q…g,Wú‘\u‰Oá`Qvf g,bTJg Q… g,Wú‘t NN%h )0 ~mNN L0 e?{Ve>g~{IY e—b)Y}Và} vcc/ etOSe6v s‰vV= `'ry_:ff> 0 Wú‘(etN*P:^ fnm¨v N- bcáNN;‰N m¨ _—NoY}vD§XP<0 T e W(Qàk!^ W: etv N- N_g eHc§R6NNOMNNE g QPW(T y]O\v–OM0 OqgQlSQ…è§R6vetOS‰B ~~íNQ…c§g:R6v[U R _:Q…è–ic§R6N –2 xnOT yl‰{t R6^v=[ OWú‘T _—R0N%h<\eL0 QlS v[èèc qg‰vgC–Pz ^ evc§ s°W:hg0 ‘bgTNTX{Iel rìz W0_ \UWú‘\TQlS{t vT ‰'z=h8 Ss°SecQúe9ú^vwcON RèèLet e9 T e[g T cNTQlS{t \BQúQwv[z=h8bTJ0 g,bTJg Q… Wú‘t NQ…è[z=h8N;‰O\YN 1 Qh—b \UWú‘\T ‰[]O\ xnOWú‘Drìz`'0 Ql^s`'ST lT ‰ N;‰eg N%hS~R)2.1QC0 4.9 bTJg Q…{t N[ùg,Wú‘ g Nepb Wú‘D§QP 7.4.7.1 4,721,367.80 1,137,240.43 ~{— N‘ 1,348,867.51 1,287,487.92 [XQúO‘ 3,566.08 22,630.32 N¤ `'‘D§ 7.4.7.2 4,371,863,540.00 57,575,668.00 QvN- hbD - - Wú‘D - - P:R8bD 4,371,863,540.00 57,575,668.00 D§e/c R8bD - - 5‘^bD - - Mu ‘D§ 7.4.7.3 - - NpQe.‘D§ 7.4.7.4 - 10,000,000.00 ^”e6R8n {—k> - 3,590.00 ^”e6R)`o 7.4.7.5 81,956,301.13 796,188.11 ^”e6) - - ^”e6u3-> 1,383,259.70 616,353.95 ^b@_— D§ - - QvND§ 7.4.7.6 - - {, 23 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ D§`; 4,461,276,902.22 71,439,158.73 g,gg+ N ^t^g+ P:Tb@g gCv –DèS÷ 2018^t12g 31e 2017^t12g 31e P: wíg P k> - - N¤ `'‘P: - - Mu ‘P: 7.4.7.3 - - SVQúV-‘D§k> 725,228,432.15 - ^”NR8n {—k> - - ^”NNk> 189,602,438.99 650,551.72 ^”N{t Nb‘l 1,127,794.37 41,677.61 ^”NbX{9 322,226.97 11,907.89 ^”N U.g R9 94,972.25 11,032.93 ^”NN¤ 9( 7.4.7.7 54,889.12 24,153.36 ^”N¤ 9 233,309.50 - ^”NR)`o 528,005.53 - ^”NR)m - - ^b@_— P: - - QvNP: 7.4.7.8 441,294.80 360,415.12 P:T 917,633,363.68 1,099,738.63 {, 24 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ b@g gCv [e6Wú‘ 7.4.7.9 2,967,628,802.86 54,505,911.06 g*R ‘M)m 7.4.7.10 576,014,735.68 15,833,509.04 b@g gCvT 3,543,643,538.54 70,339,420.10 P:Tb@g gCv`; 4,461,276,902.22 71,439,158.73 lè 1.bTJb*kbe2018^t12g 31e Wú‘`;N:2,967,628,802.86N QvN-A|{Wú‘Q P<1.1965QC A|{Wú‘`;2,728,475,659.51N C|{Wú‘QP<1.1664QC C|{Wú‘ `;239,153,143.35N0 7.2 R)mh O N;OS SNlgt^z3Pee6vP:R8WR8bDú‘ g,bTJg 2018^t1g 1eó018^t12g 31e SUOM Nl ^ QC g,g N ^t^Skg y v –DèS÷ 2018^t1g 1eó018 2017^t1g 1eó017 ^t12g 31e ^t12g 31e N 0 e6Qe 100,104,328.86 27,889,835.88 1.R)`oe6Qe 63,484,621.74 175,956,145.81 QvN- [Xk>R)`oe6Qe 7.4.7.11 217,904.58 847,720.28 P:R8R)`oe6Qe 62,806,161.57 171,893,579.64 D§e/c R8R)`oe6Qe - - NpQe.‘D§e6Qe 460,555.59 3,214,845.89 QvNR)`oe6Qe - - 2.bD6v c_Y1N -”Xk 7,334,808.27 -432,630,146.19 R QvN- hbD6v 7.4.7.12 - - Wú‘D6v - - P:R8bD6v 7.4.7.13 7,373,763.13 -410,106,446.19 D§e/c R8bD6v 7.4.7.13.5 - - {, 25 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ 5‘^bD6v 7.4.7.14 - - Mu ]Qwe6v 7.4.7.15 -38,954.86 -22,523,700.00 )e6v 7.4.7.16 - - 3.QlQAN÷P 4,031,798,912.42 1,356,139,622.08 5,387,938,534.50 2.Wú‘Nk> -1,118,676,020.62 -252,933,854.13 -1,371,609,874.75 V0 g,g T Wú‘ g NR ‘M)mN§ vWú - -630,369,100.36 -630,369,100.36 ‘P 77,489,649.87 20,858,403.57 98,348,053.44 2.Wú‘Nk> -6,824,117,508.26 -1,827,405,812.22 -8,651,523,320.48 V0 g,g T Wú‘ g NR ‘M)mN§ vWú - - - ‘P ‘ _ [X~íg –P [ –k!zR– S bì¤-D )`oQqR–l ^ 2,257,883,917.64QC N ~ fnSNl8S-Y)O ^ NRb@ rykfnT O fnSNl8S-Y)[W(2012){,478S÷DTJNN 0 ~T N-VvO Y hH 0 SNlgt^z3Pee6vP:R8WR8bDú‘ú‘T 0 N2012^t12g 4 ekc_ u eH Wú‘T u eHevWú‘`;N:2,258,996,930.68NWú‘ QvN-¤-DR) `obT 1,113,013.04NWú‘ g,Wú‘Wú‘t NN:SNlgt^Wú‘t g –PlS Wú‘X {NN:N-V”Lg –PlS0 h9cn0 SNlgt^z3Pee6vP:R8WR8bDú‘ú‘T 0 T0 SNlgt^z3Pee6vP:R8WR8 bDú‘Rf Nf0 vg Qs‰ g,Wú‘9cn¤-9u3-9 U.g R96Se_ vN T u(N c U.g R \ Wú‘ N:N T v|{R+0 W(bD¤- u3-ú‘e6S¤- u3-9 u(f/Ng,|{R+ 9 yN:A|{Wú‘ W(bD¤- u3-ú‘eN e6S¤- u3-9 Wú‘D§N-c U.g R9 yN:C|{Wú‘ g,Wú‘|{0 C|{N$ye69!_ ^v[X RR+ {—Wú‘QP<0 bDSê1béu3-N |{R+vWú‘ OFT |{R+Wú‘NKN N’ lb0 h9cn0 N-SNNl QqTVR8bDú‘0 T0 SNlgt^z3Pee6vP:R8WR8bDú‘ú‘ T 0 vg Qs‰ g,Wú‘bD VS bìVP:0 W0ee?^P:0 ‘P:0 Y.Lyhcn0 N-g yhcn0 k! ~§P:0 O N P:0 QlSP:0 SR yN¤ Sl:v~P:è 0 D§e/c R80 wíg D80 ”L[X k>0 P:R8V- VP:g ' T N [XSU{IVú[e6v|{‘]Qw NSl_l‰ N-VvO QAWú ‘DQvN‘]Qw0 g,Wú‘ vcNpQeh0 gC{IgCv|{D§ N_N SN e°3-e° XS Sl:NbDR yN¤ Sl:v~P:è 0 Yl_l‰ v{g:gNT QAWú‘D QvNTy Wú‘t NW(\eL_Sz ^ SN\ Qv~QebD V QvbDOu\Jeg eHl _l‰ vQs‰0 g,Wú‘DT D§‘MnkO P:R8{IVú[e6v|{D§S`Wú‘D§vkON ONN80% s°‘R0g eW(N ^tNQ…ve?^P:R8S`Wú‘D§QP{I0 g,Wú‘N ~ékúQN:N ^tg ”L[g [Xk>e6vs( z T )+1%0 g,"bhu1g,Wú‘t NSNlgt^Wú‘t g –PlSN2019^t3g 26ebyQbQú0 {, 28 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ 7.4.2 O bhv R6Wúx@ g,Wú‘"bhc qg"?è2006^t2g 15eSNT g v0 O N O QR Wúg,Q R 00 T yQwOSO QR SvQs‰(NN T y O N O QR )0 N-VvO v0 R8b Dú‘á`ob—2BRLj!g{,3S÷<^t^bTJTSJ^t^bTJ>00 N-VR8bDú‘ SOO (NN {y N-VWú‘ SOO ) v0 R8bDú‘ h8{— Rc _ 000 SNlgt^z3Pee6vP:R8W R8bDú‘ú‘T 0 TW("bh–Dè7.4.4b@R y:vN-VvO 0 N-VWú‘ SOO S^ v g Qs‰SQAvWú‘LN [RdO\ R60 g,"bhNc ~í~%N:Wúx@ R60 7.4.3 uO N O QR SQvNg Qs‰vXf g,Wú‘018^t^"bh{&T O N O QR v‰B w [ [etW0Sf Ng,Wú‘018^t12 g 31ev"rQNS2018^t^v~%b gTWú‘P y0 SOQúU.‘D§Sc g ó0g bD ‘D§vR |{SQNg,Wú‘ù‘D§vc g a V Tc g 0 g,Wú‘°eà‘D§ |{N:SOQúU.‘D§Sc g ó0g bD g,Wú‘RMNN¤ vvc g vP:R8bDMu ]QwR |{N:NQlQAN÷P<‘ QvSR¨Qe_Sg c_vv‘D§ –dMu ]Qwb@N§ v‘D§W(D§P:hN-NMu ‘D§ y:Y NQlQA N÷P<‘ QvSR¨Qe_Sg c_vv‘D§W(D§P:hN-NN¤ `'‘D§ y:0 g,Wú‘ g vQvN‘D§ |{N:^”e6k>y S bì”L[Xk>0 NpQe.‘D§TQvNT |{ ^”e6k>y{I0 ^”e6k>yf/c W(m; W:N-lg bN÷ Ve6‘Vú[b Sxn[v—^Mu ‘D§ {, 29 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ (2) ‘P:vR |{ ‘P:N Yxn¤eR |{N: NQlQAN÷P<‘ QvSR¨Qe_Sg c_vv‘P:SQvN‘ P:0 g,Wú‘RMfeà‘P:R |{N:NQlQAN÷P<‘ QvSR¨Qe_Sg c_vv‘P:0 g, Wú‘ g vQvN‘P:S bìSVQúV-‘D§k>TQvNT |{^”Nk>y{I0 7.4.4.4 ‘D§T‘P:vR Yxn¤ T ~í‘~kbxn¤ ‘D§ ‘P:Ng,Wú‘ N:‘]QwTT vN ee c QlQAN÷PN-S T+vP:R8woeb N k!–doeó-pekbvR)`o SUrìxn¤N:^”e6y v0 ^”e6k>yTQvN‘P:vvQsN¤ 9(QeR Yxn¤‘ [ùNNlQAN÷P<‘ QvSR¨Qe_Sg c_vv‘D§ c qgQlQAN÷PyTQvN‘P:‘([–E)sl NdJOYb g,LT ~í‘ ‘D§ná R gaNNKN v NN~kbxn¤ (1) e6S‘D§s°‘A‘TT gCR)~ kb (2) ‘D§]òl N g,Wú‘ ‘D§b@ggC N QàNNb@g v–ib‘ll~le e b (3) ‘D§]òl }q6g,Wú‘lg lN_lg OuY‘D§b@ggC N QàNNb@g v–ib‘l OFf/e>_ N[ù‘D§c§R60 ‘D§~kbxn¤e Qv&—b÷PyN-S T+vc }/g*R ‘M]ò[s°c_vS`Wú‘PyN-S T+vc }/g*[s°c_vS`Wú‘PyW(c gg xn¤vR)`oe6Qec [–E)sl{— [–E)slN v~l]_ vR c v~l{— 7.4.4.10 9(vxn¤T‘ g,Wú‘{t Nb‘l bX{9 U.g R9(9(mvg c Wú‘T ~[v9T{—e lexn¤ QvN‘P:W(c gg xn¤vR)`oe/Qúc [–E)sl{— [–E)slN v~l]_ vR c v~l{— 7.4.4.11 Wú‘e6vR ‘M?{V g,Wú‘ N |{R+vkN Wú‘Ng T {IR ‘MC0 g,Wú‘6vNs°‘b_ R ‘M OFWú‘ c g NSbés°‘R)b \ s°‘R)c R ~–dCevWú‘QP<ê¨l:Wú‘LQb D gg+g* R ‘M)mN-vg*[s°è N:kcep S bìWú‘%m;R¨N§ vg*[s°c_vNSWú‘ N¤ N§ vg*[s°^sQ‘I R gg+ SOR ‘M)mv‘N:gg+g* R ‘M)mN-v]ò[s°è gg+g* R ‘M)mvg*[s°è N:ep R gg+ SOR ‘M)mv‘N:gg+ g*R ‘M)m Ss]ò[ s°è vbg*[s°è T vOY ~[TJvbR ‘Mú‘6vN ~–dCeNb@g gCvlú0 7.4.4.12 R èTJ g,Wú‘Q…è~~g0 {t ‰B0 Q…èTJR6^N:Ocnxn[~%R è N~%R è:Wúx@ xn[bTJR èvb—2 èá`o0 ~%R è/c g,Wú‘… ená R gaNv~b è (1) ~ b è W(e^8m;R¨N-N§ e6Qe0 Su 9( (2) g,Wú‘Wú‘t N [g N÷~b è R v~%b g NQ[T Qv‘MnD N÷QvN ~é (3) g,Wú‘ S_—~b è v"r Q0 ~%b gTs°‘A‘Ig QsO Oá`o0 YgN$N*b Y N*~%R èwg vOg R N2018 ^t1g 1ew§ vR)`oSR)`o`'(e6QeN: U. DN§T{t N%DN§Tl2017^t12 g 31eRMS_—v—^'ig ' SNbéc qg[–EpQeN÷{— U. b N2017^tg T NN*N¤f ev—^'ig '{—N÷h SUOM Nl ^ QC g,gg+ N ^t^g+ yv 2018^t12g 31e 2017^t12g 31e m;g [Xk> 4,721,367.80 1,137,240.43 [g [Xk> - - QvN- [Xk>g –PN*g NQ… - - [Xk>g –P-3N*g - - [Xk>g –PN*g NN - - QvN[Xk> - - T 4,721,367.80 1,137,240.43 {, 34 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ 7.4.7.2 N¤ `'‘D§ SUOM Nl ^ QC g,gg+ yv 2018^t12g 31e b g, QlQAN÷P< QlQAN÷PR)`o 1,440.34 405.48 ^”e6[g [Xk>R)`o - - ^”e6QvN[Xk>R)`o - - ^”e6~{— N‘)`o 819.61 623.99 ^”e6P:R8R)`o 81,954,039.42 795,147.42 ^”e6D§e/c R8R)`o - - ^”e6NpQe.R8R)`o - - ^”e6u3->R)`o - - ^”e6‘ ~bP [s`o - - QvN 1.76 11.22 T 81,956,301.13 796,188.11 7.4.7.6 QvND§ lè b*ó,bTJgg+ SN ^t^g+ g,Wú‘*c g QvND§ 7.4.7.7 ^”NN¤ 9( SUOM Nl ^ QC g,gg+ N ^t^g+ yv 2018^t12g 31e 2017^t12g 31e N¤ b@^ W:^”NN¤ 9( - - ”L^ W:^”NN¤ 9( 54,889.12 24,153.36 T 54,889.12 24,153.36 7.4.7.8 QvNP: SUOM Nl ^ QC g,gg+ N ^t^g+ yv 2018^t12g 31e 2017^t12g 31e ^”NR8UFN¤ SUQCO‘ - - ^”NN9 141,294.80 415.12 c9( 300,000.00 360,000.00 T 441,294.80 360,415.12 7.4.7.9 [e6Wú‘ ‘SUOM Nl ^ QC SNlgt^z3Pee6vP:R8A {, 36 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ g,g yv 2018^t1g 1eó018^t12g 31e Wú‘ N &—b N ^t^g+ 24,694,749.90 24,694,749.90 g,g u3- 3,626,500,519.82 3,626,500,519.82 g,g N N - S÷XkR -922,719,610.21 -922,719,610.21 - Wú‘R /Nb{—RM - - Wú‘R /Nb{—SR¨N - - g,g u3- - - g,g N N - S÷XkR - - g,gg+ 2,728,475,659.51 2,728,475,659.51 ‘SUOM Nl ^ QC SNlgt^z3Pee6vP:R8C g,g yv 2018^t1g 1eó018^t12g 31e Wú‘ N &—b N ^t^g+ 29,811,161.16 29,811,161.16 g,g u3- 405,298,392.60 405,298,392.60 g,g N N - S÷XkR -195,956,410.41 -195,956,410.41 - Wú‘R /Nb{—RM - - Wú‘R /Nb{—SR¨N - - g,g u3- - - g,g N N - S÷XkR - - g,gg+ 239,153,143.35 239,153,143.35 lè u3-+~R)Qb0 lbQeN NT+lbQúN 7.4.7.10 g*R ‘M)m SUOM Nl ^ QC SNlgt^z3Pee6vP:R8A yv ]ò[s°è g*[s°è g*R ‘M)mT N ^t^g+ 5,385,157.87 2,094,734.89 7,479,892.76 g,g R)m 51,591,805.48 26,491,307.40 78,083,112.88 g,g Wú‘N¤ 770,822,513.32 273,059,026.61 1,043,881,539.93 N§ vSR¨ep QvN- Wú‘3-> 873,033,149.96 368,847,310.59 1,241,880,460.55 Wú‘Nk> -102,210,636.64 -95,788,283.98 -197,998,920.62 g,g ]òR ‘M)m -593,223,261.46 - -593,223,261.46 g,gg+ 234,576,215.21 301,645,068.90 536,221,284.11 SUOM Nl ^ QC SNlgt^z3Pee6vP:R8C yv ]ò[s°è g*[s°è g*R ‘M)mT N ^t^g+ 5,783,025.27 2,570,591.01 8,353,616.28 g,g R)m 6,799,745.76 2,461,700.41 9,261,446.17 {, 37 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ g,g Wú‘N¤ 37,712,638.49 21,611,589.53 59,324,228.02 N§ vSR¨ep QvN- Wú‘3-> 72,965,108.59 41,294,052.94 114,259,161.53 Wú‘Nk> -35,252,470.10 -19,682,463.41 -54,934,933.51 g,g ]òR ‘M)m -37,145,838.90 - -37,145,838.90 g,gg+ 13,149,570.62 26,643,880.95 39,793,451.57 7.4.7.11 [Xk>R)`oe6Qe SUOM Nl ^ QC g,g N ^t^Skg yv 2018^t1g 1eó018^t12 2017^t1g 1eó017^t12g 31e g 31e m;g [Xk>R)`oe6Qe 82,914.91 350,087.16 [g [Xk>R)`oe6Qe - - QvN[Xk>R)`oe6Qe - - ~{— N‘)`oe6Qe 41,818.91 496,445.45 QvN 93,170.76 1,187.67 T 217,904.58 847,720.28 7.4.7.12 hbD6v 7.4.7.12.1 hbD6v NpSVh]N÷e6Qe lè eà0 7.4.7.13 P:R8bD6v 7.4.7.13.1 P:R8bD6vyvgb SUOM Nl ^ QC g,g N ^t^Skg yv 2018^t1g 1eó018 2017^t1g 1eó017 ^t12g 31e ^t12g 31e P:R8bD6v NpSVP:R8 0 P: 7,373,763.13 -410,106,446.19 lP:R8R0g QQN ]N÷e6Qe P:R8bD6v N]N÷e6Qe - - P:R8bD6v u3-N÷e6Qe - - T 7,373,763.13 -410,106,446.19 7.4.7.13.2 P:R8bD6v NpSVP:R8]N÷e6Qe SUOM Nl ^ QC g,g N ^t^Skg yv 2018^t1g 1eó018 2017^t1g 1eó017 ^t12g 31e ^t12g 31e SVQúP:R8 0 P:lP:R8R0g QQ 3,496,519,570.88 29,663,527,533.75 N b N¤`; Q SVQúP:R8 0 P:lP:R8R0 3,435,383,494.62 29,573,691,684.74 g QQN b g,`; {, 38 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ Q ^”e6R)`o`; 53,762,313.13 499,942,295.20 NpSVP:R8]N÷e6Qe 7,373,763.13 -410,106,446.19 7.4.7.13.3 P:R8bD6v N]N÷e6Qe lè g,Wú‘,bTJg SN ^t^Skg eàP:R8N]N÷e6Qe0 7.4.7.13.4 P:R8bD6v u3-N÷e6Qe lè g,Wú‘,bTJg SN ^t^Skg eàP:R8u3-N÷e6Qe0 7.4.7.13.5 D§e/c R8bD6v lè eà0 7.4.7.14 5‘^bD6v 7.4.7.14.1 5‘^bD6vyvgb lè eà0 7.4.7.14.2 5‘^bD6v NpSV5‘^]N÷e6Qe lè eà0 7.4.7.14.3 5‘^bD6v N]N÷e6Qe lè eà0 7.4.7.14.4 5‘^bD6v u3-N÷e6Qe lè eà0 7.4.7.15 Mu ]Qwe6v 7.4.7.15.1 Mu ]Qwe6v NpSVgC]N÷e6Qe lè eà0 7.4.7.15.2 Mu ]Qwe6v QvNbD6v SUOM Nl ^ QC N ^t^Skg e6v‘ g,g e6v‘ yv 2018^t1g 1eó018^t12 2017^t1g 1eó017 g 31e ^t12g 31e VP:g 'D6v -38,954.86 -22,523,700.00 g 'bD6v - - {, 39 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ 7.4.7.16 )e6v lè eà0 7.4.7.17 QlQAN÷PbK~í9 41,077.80 42,177.69 ”L&7g R9 36,000.00 36,600.00 QvN9( 1,200.00 600.00 Wú‘ g NY'O 9 40,000.00 - T 418,277.80 439,377.69 7.4.8 b g Ny0 D§P:heT Nyvf 7.4.8.1 b g Ny b*óD§P:he g,Wú‘veà{O\b—2b g Ny0 7.4.8.2 D§P:heT Ny b*ó"bhbQúe g,Wú‘veà{O\b—2D§P:heT Ny0 7.4.9 QsTQs| QsTT y N g,Wú‘Qs| SNlgt^Wú‘t g –PlS( SNlgt^ Wú‘t N0 v{°g:g0 Wú‘ U.g:g Wú‘ ) N-V”Lg –PlS( N-V”L ) Wú‘X{N0 Wú‘ U.g:g SNlR8g –PlS( SNlR8 ) Wú‘t Nv 0 Wú‘ U.g:g PineBridgeInvestmentLLC Wú‘t Nv ]e°S:e°bg/N§Ng –PlS Wú‘t Nv SNlT R8g –P#QlS( SNlT Wú‘t Nv SNlR8vc§PQlS R8 ) gt^r1^úD§{t (N mw)g –PlS Wú‘t Nvc§PQlS lè N sT¤ WGW(kc^8N R VQ… N ,UFN gak>z0 7.4.10 g,bTJg SN ^t^Skg vQsTN¤ 7.4.10.1 sTN¤ SUQCLvN¤ 7.4.10.1.1 hN¤ lè g,bTJg SN ^t^Skg g,Wú‘*sTN¤ SUQCLhN¤ 0 {, 41 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ 7.4.10.1.2 gCN¤ lè g,bTJg SN ^t^Skg g,Wú‘*sTN¤ SUQCLgCN¤ 0 7.4.10.1.3 ^”e/NQsTvOc‘ lè g,Wú‘,bTJg SN ^t^Skg eà^”e/NQsTvOc‘ 7.4.10.2 QsTb‘l 7.4.10.2.1 Wú‘t 9 SUOM Nl ^ QC g,g N ^t^Skg yv 2018^t1g 1eó018^t12g 31 2017^t1g 1eó017^t12g 31e e _Sg Su vWú‘”e/N 5,746,989.27 31,142,611.92 v{t 9 QvN- e/N U.g:gv 267,917.71 71,516.84 [b7~b¤9 lè N2018^t7g 13eRM e/NWú‘t NSNlgt^Wú‘{t Nb‘l RMN eWú‘D§Q P<0.70%v^t9c e}/ógg ^ c g e/N0 Qv{—Ql_ N: e{t Nb‘l RMN eWú‘D§QP< × 0.70%/ _S^tY)ep0 h9cnWú‘ g NY'O hQ0 QsN etSNlgt^z3Pee6vP:R8WR8bDú‘t 9 TbX{9^vOe9Wú‘T vhH0 ê018^t7g 13ew e/NWú‘t NSNlgt^Wú‘{ t Nb‘l RMN eWú‘D§QP<0.35%v^t9c e}/ógg ^ c g e/N0 Qv{— Ql_ N: e{t Nb‘l RMN eWú‘D§QP< × 0.35%/ _S^tY)ep0 7.4.10.2.2 Wú‘X{9 SUOM Nl ^ QC g,g N ^t^Skg yv 2018^t1g 1eó018^t12g 31 2017^t1g 1eó017^t12g 31e e _Sg Su vWú‘”e/N 1,641,996.91 8,897,889.19 vbX{9 lè N2018^t7g 13eRM e/NWú‘X{NN-V”LvbX{9 RMN eWú‘D§QP<0.20%v^t9 sc e}/ógg ^ c g e/N0 Qv{—Ql_ N: ebX{9 RMN eWú‘D§QP< × 0.20%/ _S^tY)ep0 {, 42 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ h9cnWú‘ g NY'O hQ0 QsN etSNlgt^z3Pee6vP:R8WR8bD1,073,991.93 TbX{9^vOe9Wú‘T vhH0 ê018^t7g 13ew e/NWú‘X{NN-V”LvbX{9 c RMN eWú‘D§QP<0.10%v^t9c e}/ógg ^ c g e/N0 Qv{—Ql_ N: ebX{9 RMN eWú‘D§QP< × 0.10%/ _S^tY)ep0 7.4.10.2.3 U.g R9 SUOM Nl ^ QC _— U.g R9 g,g T QsTT y 2018^t1g 1eó018^t12g 31e _Sg Su vWú‘”e/Nv U.g R9 SNlgt^z3Pee6v SNlgt^z3Pee6v T P:R8A P:R8C SNlR8 - 2,286.06 2,286.06 SNlgt^Wú‘ - 126,040.17 126,040.17 N-V”L - 9,182.58 9,182.58 T - 137,508.81 137,508.81 _— U.g R9 N ^t^Skg T QsTT y 2017^t1g 1eó017^t12g 31e _Sg Su vWú‘”e/Nv U.g R9 SNlgt^z3Pee6v SNlgt^z3Pee6v T P:R8A P:R8C SNlR8 - 25.55 25.55 SNlgt^Wú‘ - 78,675.10 78,675.10 N-V”L - 21,521.83 21,521.83 T - 100,222.48 100,222.48 lè g,Wú‘|{Wú‘ e6S U.g R9 C|{Wú‘e/N U.g:g U.g R9 c RMN eC |{Wú‘D§QPOYS_Sg N§ vR)`oe6Qe SUOM Nl ^ QC QsT g,g N ^t^Skg T y 2018^t1g 1eó018^t12g 31e 2017^t1g 1eó017^t12g 31e gg+ OY _Sg R)`oe6Qe gg+ OY _Sg R)`oe6Qe N-V”L 4,721,367.80 82,914.91 1,137,240.43 350,087.16 lè g,Wú‘”L[Xk>u1Wú‘X{NN-V”LO{ c ”LT N R)s`o0 7.4.10.6 g,Wú‘(b g Q…SN QsTb R8v`Q ‘SUOM Nl ^ QC g,g 2018^t1g 1eó018^t12g 31e QsT R8Nx R8T y SLe_ Wú‘(b g Q…NpQe ep‘ T y (SUOM `;‘ _ ) N-V” |?°^úhc0 –-‘M 101800635 18Qn/–TN001 L U. 100,000 10,000,150.00 N-V” |?°^úhc0 –-‘M 011800657 18Y*ND§SCP001 L U. 100,000 10,000,150.00 N-V” |?°^úhc0 –-‘M 011800688 18T l4lSCP003 L U. 100,000 10,000,150.00 N ^t^Skg 2017^t1g 1eó017^t12g 31e QsT R8Nx R8T y SLe_ Wú‘(b g Q…NpQe ep‘ T y (SUOM `;‘ _ ) N-V” - - - - - L 7.4.10.7 QvNQsT¤ Nyvf lè g,Wú‘,bTJg eàQvN—‰f vQsT¤ Ny0 7.4.11 R)mR ‘MQ SNlgt^z3Pee6vP:R8A ‘SUOM Nl ^ QC {, 45 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ ^ –doe k10N s°‘b_ QbDb_ g,g R)mR ‘M S÷ gCv Wú‘ Se>`; Se>`; T Y lè v{°e W:Q… W:Y ~ep 2018 2018 1 ^t10 - ^t10 2.1000531,612,931.5261,610,329.94593,223,261.46 g 18e g 18e T - - 2.1000531,612,931.5261,610,329.94593,223,261.46 SNlgt^z3Pee6vP:R8C ‘SUOM Nl ^ QC ^ –doe k10N s°‘b_ QbDb_ g,g R)mR ‘M S÷ gCv Wú‘ ~ Se>`; Se>`; T Y lè v{°e W:Q… W:Y ep 2018 2018 1 ^t10 - ^t10 2.1000 16,043,975.2421,101,863.6637,145,838.90 g 18e g 18e T - - 2.1000 16,043,975.2421,101,863.6637,145,838.90 7.4.12 gg+ 2018^t12g 31e g,Wú‘ g vmAS×–PR8 7.4.12.1 Và¤-°S/XSR8Ngg+ c g vmAS×–PR8 lè g,Wú‘,bTJgg+g* c g h0 7.4.12.2 gg+ c g vfeP\rL{ImAS×–Ph lè g,Wú‘,bTJgg+g* c g h0 7.4.12.3 gg+ P:R8kcV-¤ N-O\N:bbvP:R8 7.4.12.3.1 ”L^ W:P:R8kcV- b*ó,bTJgg+ 2018^t12g 31ekb g,Wú‘N”L^ W:P:R8kcV-¤ _bb vSVQúV- R8k>OY725,228,432.15QC f/NYN P:R8O\N:bb ‘SUOM Nl ^ QC P:R8Nx P:R8T y V-0g e gg+ O0POY 7.4.13 ‘]Qw–i{t 7.4.13.1 –it e?{VT~~gg g,Wú‘:P:R8WWú‘ Qvg ve6vN –iNNhWWú‘ m÷ WWú‘ N'^ W:Wú ‘ N:R8bD-Qwg N–i6vry_vTy0 g,Wú‘D‘]QwN:Qwg oY}mAR¨`'vVú [e6v|{Ty0 g,Wú‘(e^8~%m;R¨N-—b4vN ‘]QwvQsv–i;‰bìOáu(–i mAR¨`'–i^ W:–i g,Wú‘Wú‘t NNN–it vN;‰h f/N‰S\ NN –i§R6W( –Pv VNKQ… Og,Wú‘(–ie6vNKS_— Osv^saN[s° –ie6vvS9‘M v –i6vvh 0 g,Wú‘Wú‘t N^úzv–it OS|u1 ~~0 R6^0 mAz TbTJ {IVN*e—bb 0 ~~f/c QlSv–it ~~ggS bìcNO N v–it N [YTXO 0 QlS{t \Bv–i c§R6YTXO 0 –it èl_v[èSQlST N Rèè cNO [ù^úzWú‘–it Q…è§ R6|~T~c Qvg eH`'bbg ~# R6^f/c –it vQsv‰àR6^ f/[ù~~LSQv] O\mAz {IvQwOS‰ mAz f/–it v]O\mAz [~‰NT èèNK–it ]O\vQ… [Tz ^ bTJf/[ùmAz v_‰f T°_U ef/–it ]O\v‘‰ N_f/[ù–it ] O\v`;~Tb—2 g,Wú‘Wú‘t N[ùN‘]Qwv–it elN;‰/`'R gT[‘ gvelS O0mKT y–i§ vS_Y10 N[`'R gv‰QúS R$e-–i_Y1vN%‘ ^TQús° |{ –i_Y1v‘^0 N[‘ gv‰QúS h9cng,Wú‘bDh ~T Wú‘D§b@(‘] Qwry_ y[v–i‘ c h 0 j!W e^8v‘ bTJ xn[–i_Y1v–PTv^”nOáz ^ SeS—`0[ùT y–iLvwc0 hgTO0 ^v^”Q{V \ –i§R6W(SbS×v VQ… 7.4.13.2 Oáu(–i Oáu(–i/c Wú‘(N¤ N-VàN¤ [ùbKg*\eLT ~# b Wú‘@bDR8NKSLN Qús°0 b~e/NR0gg, `o{I`Q [üú‘D§c_Y1Te6vSS v–i {, 47 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ g,Wú‘Wú‘t NW(N¤ RM[ùN¤ [ùbKvDárQLNQER vO00 g,Wú‘”L[Xk> [Xe>W(g,Wú‘bX{NN-V”L VàN ”L[Xk>vQsvOáu(–i ‘'0 g,Wú‘(N¤ b@L vN¤ WGNN-VR8v{°~{— –P#QlSN:N¤ [ùbK[b R8N¤e6Tk>yn {— –i `'_\ W(”LT N ^ W:LN¤ RMWG[ùN¤ [ùbKLOáu(O0^v[ùR8N¤Rre_ L–P6N c§R6v^”vOáu(–i g,Wú‘Wú‘t N^úzNOáu(–it mAz ùbDyOáu({I~§O0gec§R6R8S LNvOáu(–i N ecS bDR ecOáu(–i g,Wú‘:R8bDOáu(~§`Qc 0 N-VNl ”LOáu(~§{t c [üa ‰ [vh Q~ SlG`;0 7.4.13.2.1 c wíg Oáu(~§ y:vP:R8bD SUOM Nl ^ QC g,gg+ N ^t^g+ wíg Oáu(~§ 2018^t12g 31e 2017^t12g 31e A-1 251,462,000 10,015,000.00 A-1NN 0.00 0.00 g*~§ 1,670,872,000.00 25,029,000.00 T 1,922,334,000.00 35,044,000.00 lè g*~§vP:R8S bìe?{V`'‘P:0 wíg D80 P:R8Oáu(~§Sê,N e~§g:gv~§ 7.4.13.2.2 c wíg Oáu(~§ y:vD§e/c R8bD lè eà0 7.4.13.2.3 c wíg Oáu(~§ y:vT N [XSUbD lè eà0 7.4.13.2.4 c g Oáu(~§ y:vP:R8bD SUOM Nl ^ QC g,gg+ N ^t^g+ g Oáu(~§ 2018^t12g 31e 2017^t12g 31e AAA 695,981,500 0.00 AAANN 2,450,400.00 5,014,500.00 g*~§ 1,751,097,640.00 17,517,168.00 T 2,449,529,540.00 22,531,668.00 lè g*~§vP:R8S bìVP:0 e?{V`'‘P:0 P:R8Oáu(~§Sê,N e~§g:gv~§ 7.4.13.2.5 c g Oáu(~§ y:vD§e/c R8bD lè eà0 {, 48 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ 7.4.13.2.6 c g Oáu(~§ y:vT N [XSUbD lè eà0 7.4.13.3 mAR¨`'–i mAR¨`'–i/c Wú‘(\eLN ‘P:g QsvNIReG0D‘í:v–i g,Wú‘mAR¨`' –i e—beêWú‘ g NS–‰BNQvc g vWú‘ SN e—beêbDy b@Y vN¤ ^ W:N m;^&gevSs°V– VàbD–-eàlW(^ W:Qús°RgplR¨v`QNN T t vN÷h ~[W(—^8`QN Nu3÷vY t e_ c§R6Và_ e>u3- Nj!_ ^&gevmAR¨`'–i g eHO–ú‘ g NR)v0 N2018^t12g 31e –dVQúV-‘D§k>OYN-g 725,228,432.15QC\ W(NN* g NQ…R0g N `o(R)`o‘ ‘')Y g,Wú‘@bbvQvN‘P:vT ~~[R0g eWGN:NN* g NQ… NN `o SNWú‘QP<(b@g gCv)eàVú[R0g eNN `o Vàkd&—bY~N:g*bs° vT ~R0g s°‘A‘ 7.4.13.3.1 ‘D§T‘P:vR0gg –P g lè eà0 7.4.13.3.2 bTJg Q…g,Wú‘T D§vmAR¨`'–i g g,Wú‘Wú‘t NW(Wú‘\ N-N%h_ R8bDú‘AR¨`'–it ‰0 (ê017^t10g 1ewL){Il‰‰ [ùg,Wú‘T D§vmAR¨`'–iL{t ìzv–it èè[ùg,Wú‘~T c N–-^ c h 0 mAS×–P6vbDykONS~T W(wíeQ…Ss°v~üT c h {ImAR¨`'c h Lc ~ívvmKTR g g,Wú‘DN[QlSSLvR8^ P_ Wú‘N-VvO ¤[vrykbDT N S× O–P6)0 {, 49 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ g,Wú‘@c è R8W(R8N¤ b@N ^ QvOYNSW(”LT N ^ W:N¤ è Wú‘D§mA feS×–P6N ê1lv`QS‰–Dè7.4.120 kdY g,Wú‘VQúV-‘D§e_ P Qewíg D‘”[ùmAR¨`'—lB QvN –P ,N …ú‘ g vP:R8bDQlQAN÷P<0 g,Wú‘;R¨ bDmAR¨`'S×–PD§v^ P ~ 1,348,867.51 - - - - - 1,348,867.51 {— Y N ‘ [X 3,566.08 - - - - - 3,566.08 Qú O ‘ N¤60,415,000.00 115,314,500. 1,994,355,540. 1,492,372,500. 709,406,000. - 4,371,863,540. f 00 00 00 00 00 `' ‘ D N§ ^” - - - - - 81,956,301.13 81,956,301.13 e6 R) `o ^” - - - - - 1,383,259.70 1,383,259.70 e6 u3 - k> D66,488,801.39 115,314,500. 1,994,355,540. 1,492,372,500. 709,406,000. 83,339,560.83 4,461,276,902. N§ 00 00 00 00 22 `; P: 725,228,432.1 - - - - - 725,228,432.15 SV 5 Qú V - ‘ D N§ {, 51 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ k> ^” - - - - - 189,602,438.9 189,602,438.99 N 9 N V k> ^” - - - - - 1,127,794.37 1,127,794.37 N { t N b ‘l ^” - - - - - 322,226.97 322,226.97 N bX { 9 ^” - - - - - 94,972.25 94,972.25 N U. g R 9 ^” - - - - - 54,889.12 54,889.12 N N¤ f 9 u( ^” - - - - - 528,005.53 528,005.53 N R) `o ^” - - - - - 233,309.50 233,309.50 N¤ z 9 Qv - - - - - 441,294.80 441,294.80 N P: 725,228,432.1 - - - - 192,404,931.5 917,633,363.68 P: 5 3 `; R) -115,314,500. 1,994,355,540. 1,492,372,500. 709,406,000. -3,543,643,538. s 658,739,630.7 00 00 00 00 109,065,370.7 54 6 0 eO a ^ : S N ^t 1N*g NQ… 1-3N*g 3N*g -1^t 1-5^t 5^tNN N `o T ^ g+ {, 52 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ 201 7 ^t1 2 g 3 1e D N§ ” 1,137,240.43 - - - - - 1,137,240.43 L [X k> ~ 1,287,487.92 - - - - - 1,287,487.92 {— Y N ‘ [X 22,630.32 - - - - - 22,630.32 Qú O ‘ N¤ - 10,025,000.0 42,536,168.00 5,014,500.00 - - 57,575,668.00 f 0 `' ‘ D N§ Np 10,000,000.00 - - - - - 10,000,000.00 Qe U. ‘ D N§ ^” - - - - - 3,590.00 3,590.00 e6 R8 n {— k> ^” - - - - - 796,188.11 796,188.11 e6 R) `o ^” - - - - - 616,353.95 616,353.95 e6 u3 - k> D12,447,358.67 10,025,000.0 42,536,168.00 5,014,500.00 - 1,416,132.06 71,439,158.73 N§ 0 `; {, 53 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ P: ^” - - - - - 650,551.72 650,551.72 N N V k> ^” - - - - - 41,677.61 41,677.61 N { t N b ‘l ^” - - - - - 11,907.89 11,907.89 N bX { 9 ^” - - - - - 11,032.93 11,032.93 N U. g R 9 ^” - - - - - 24,153.36 24,153.36 N N¤ f 9 u( Qv - - - - - 360,415.12 360,415.12 N P: - - - - - 1,099,738.63 1,099,738.63 P: `; R) 12,447,358.67 10,025,000.0 42,536,168.00 5,014,500.00 - 316,393.43 70,339,420.10 s 0 eO a ^ : S lè hN-b@y:N:g,Wú‘D§SP:v&—b÷P< ^vc qgT ~‰vR)s‘°[N÷eb R0g e[peé NNR |{0 7.4.13.4.1.2 R)s–ieOa `'R g PG –d W:R)sNY vQvN^ W:S‘c N S [ùD§P:heWú‘D§QP{I SR0g eW(N ^tNQ…ve?^P:R8S`Wú‘D§QPyTQvN‘P: Qv&—b÷PT~{— N‘ 6,070,235.31 0.14 8 QvNT yD§ 83,343,126.91 1.87 9 T 4,461,276,902.22 100.00 8.2 gg+ c LN R |{vhbDT 8.2.1 bTJgg+ c LN R |{vXQ…hbDT lè g,Wú‘,bTJgg+g* c g h0 8.2.2 bTJgg+ c LN R |{vn/bDhbDT lè g,Wú‘,bTJgg+g* c g n/bDh0 8.3 gg+ c QlQAN÷P - 3 ^”e6) - 4 ^”e6R)`o 81,956,301.13 5 ^”e6u3-> 1,383,259.70 6 QvN^”e6k> - 7 _…dJ9( - 8 QvN - 9 T 83,343,126.91 8.11.4 gg+ c g vY Nl vSlbP:R8f ~ lè g,Wú‘,bTJgg+g* c g Y Nl vSlbP:R80 8.11.5 gg+ RMSAT hN-[XW(mAS×–PQvf lè g,Wú‘TJgg+ RMSAT hN-N [XW(mAS×–PQ0 {, 60 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ §9Wú‘ g NOá`o 9.1 gg+ Wú‘ g Nb7epSc g N~g NSUOM N N c g N b7WGc g v c g N~g ~§R+ b7ep( Wú‘ g:gbD N*NbD b7) S``;Nk S``;N c g N c g N O kO SNl gt^ z3Pe 6,158 443,078.22 2,606,940,027.62 95.55% 121,535,631.89 4.45% e6v P:R8A SNl gt^ z3Pe 19,319 12,379.17 46,960,801.84 19.64% 192,192,341.51 80.36% e6v P:R8C T 25,195 117,786.42 2,653,900,829.46 89.43% 313,727,973.40 10.57% lè g:g/N*NbDc g NS``;NkOv{—N- [ùN \^R ~§Wú‘ kOvR k‘(T ê ~§R+vN [ùT ep kOvR k‘(N \^R ~§Wú‘vT ep Ssgg+ Wú‘`; 0 9.2 gg+ Wú‘t NvNNN TXc gg, Wú‘`Q S`Wú‘;N yv N~§R+ c g N`;ep N kO SNlgt^ Wú‘t Nb@g NNN TX z3Pee6v 0.00 0.00% c gg, Wú‘ P:R8A SNlgt^ z3Pee6v 16.02 0.00% P:R8C T 16.02 0.00% lè Wú‘t NvNNN TXc g Wú‘`Wú‘;NkOv{—N- [ùN \^R ~§Wú‘ kOvR k ‘(T ê§R+vN [ùT ep kOvR k‘(N \^R ~§Wú‘vT ep Ssgg+ Wú‘ `; 0 9.3 gg+ Wú‘t NvNNN TXc gg, _ e>_ Wú‘`;‘:v`Q yv N~§R+ c g Wú‘`;‘ep‘: NN g,QlS~§{t NTX0 Wú SNlgt^z3Pee6vP: 0 ‘Dx zvèè# R8A c gg, _ e>_ Wú‘ SNlgt^z3Pee6vP: 0 R8C T 0 g,Wú‘ú‘t c gg, _ SNlgt^z3Pee6vP: 0 e>_ Wú‘ R8A SNlgt^z3Pee6vP: 0 {, 61 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ R8C T 0 {, 62 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ §10_ e>_ Wú‘SR¨ SUOM N SNlgt^z3Pee6v SNlgt^z3Pee6v yv P:R8A P:R8C Wú‘T u eHe 2012^t 12g 4e Wú‘ 1,735,780,960.90 523,215,969.78 `; g,bTJgg R Wú‘`; 24,694,749.90 29,811,161.16 g,bTJgg Wú‘;u3- 3,626,500,519.82 405,298,392.60 Q:g,bTJgg Wú‘;NN 922,719,610.21 195,956,410.41 g,bTJgg Wú‘R SR¨N NQ - - \ N"-"XkR g,bTJggg+ Wú‘`; 2,728,475,659.51 239,153,143.35 {, 63 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ §11‘'NNcíy: 11.1 Wú‘ g NY'O Q ê018^t6g 11ewó018^t7g 11eg,Wú‘e_ Sì_ NWú‘ g NY'O O [0 QsN etSNlgt^z3Pee6vP:R8WR8bDú‘t 9TbX{9^vOe9Wú‘ TT vhH0 Q…[S bì–MNg,Wú‘{t 9TbX{9 g,k!Wú‘ g NY'O QN yê018^t7g 13ew eH0 11.2 Wú‘t N0 Wú‘X{NvN èWú‘X{èèv‘'NNSR¨ 2018^t8g 20e QlSNT}gNfS‰Hu N:QlSRo`;~t gNfS‰Hu ]ò~§{t NTX R8bD_w QvNT}]òW(N-VR8bDú‘ SOO Y hH0 N NSR¨]òc vQs‰ Y hH0 QlTJ0 2018^t8g R 8QHu bNN-V”Lg –PlSLL0 N NSR¨]òc vQs‰ Y hH0 QlTJ0 11.3 m‰SWú‘t N0 Wú‘"§ Wú‘X{N Rv bTJg Q…eàm‰SWú‘t N0 Wú‘"§ Wú‘X{N Rv0 11.4 Wú‘DVueve9S bTJg Q…Wú‘DVueg*e9S0 11.5 N:Wú‘L[vO ^ NRb@`Q N:g,Wú‘vO ^ NRb@N:fnSNl8S-Y)O ^ NRb@ rykfnT O 0 bTJg Q… Wú‘*e9X:Qv[vO ^ NRb@0 g,bTJg Wú‘”e/N~fnSNl8S-Y)O ^ NRb@ ry kfnT O vb‘l:60,000.00QCNl ^ NRb@]òT g,Wú‘ON6^tv[g R0 11.6 {t N0 bX{NSQv~§{t NTXS×z=gb Y Z{I`Q bTJg Q…Wú‘t N0 Wú‘X{NvbX{N RèèSQv~§{t NTXg*S×v{èèz=gb Y Z0 11.7 Wú‘u(R8QlSN¤ SUQCvg Qs`Q 11.7.1 Wú‘u(R8QlSN¤ SUQCLhbDOc‘/N`Q ‘SUOM Nl ^ QC R8UFT y N¤ SUQC hN¤ ^”e/NR8UFvOc‘ Y lè ep‘ S`_Sg h S`_Sg Oc‘ b N¤‘ b N¤`;vk Oc‘ `;‘kO O {, 64 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ N-‘lS 1 - - - - - V‘R8 1 - - - - - u3” V 1 - - - - - N eR8 1 - - - - - SNlR8 2 - - - - - N-SR8 2 - - - - - ”R8 1 - - - - - ^SR8 1 - - - - - "R8 1 - - - - - mwR8 1 - - - - - VlT [‰ 1 - - - - - "R8 1 - - - - - VOáR8 1 - - - - - ‰WR8 1 - - - - - ekcR8 1 - - - - - mYUFR8 1 - - - - - SWNR8 1 - - - - - N-Oá^úb 1 - - - - - \q‰R8 1 - - - - - bUFR8 1 - - - - - _R8 1 - - - - - N-OáR8 1 - - - - - lè 10 béNt R8NpSVvR8~%g:gvh Q QlS^”bé"rQoY} ~%LN:‰ QwY x zv[RvR8QlSSNN x zvg:g T Qvb Qv T O\R8UFyu(Wú‘ u(N¤ ^-OM0 QlSbévcON¤ SUQCvR8UF^”_Sná R Wúg,gaN 1 Qwg v^”vN R~%D< 2 Oá°_UoY} g $^teà‘'‰LN: g*S×v{g:g‘'Y Z 3 D‘ Oá‰oY}0 Q…èt ‰ 0 N%h< QwY PeQhvQ…c§R6^ ^vá,Wú‘\ ^O[v‰B0 4 QwY Wú‘\b@—veH0 [‰QhvgaN N¤ e{&T Nt Wú‘LR8N¤ v—‰ ^v:Wú‘OQh—bOá`og R0 {, 65 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ 5 QwY x zv[R g Vú[vx zvg:gTN èx zvNTX eQh—b0N:Wú‘O[‰mN0 L N `Q0 ^ W:p 0 hR gvx zvbTJSThR0vOá`og R ^v9cnWú‘Dry[‰B c ON x zvbTJ0 20 béNt R8NpSVvR8~%g:gvz ^ Wú‘t Nh9cnNN h QL[T xn[R8~ %g:gvbé0 Wú‘t NN bévR8~%g:g{~N¤ SUQCyu(SOTR8x zvg RSO 0 30 bTJg Q…yu(R8QlSN¤ SUQCvSf`Q eà0 11.7.2 Wú‘u(R8QlSN¤ SUQCLQvNR8bD`Q ‘SUOM Nl ^ QC R8UFT y P:R8N¤ P:R8V-¤ gCN¤ S`_Sg P: S`_SggC S`_Sg P:R8 R8V- b N¤‘ b N¤`;vk b N¤‘ b N¤‘ b N¤`; b N¤`; O vkO vkO N-‘lS 1,887,976.00 3.54% 47,100,000.00 2.28% - - V‘R8 - - - - - - u3” V 10,537,980.00 19.77% - - - - N eR8 - - 5,500,000.00 0.27% - - SNlR8 7,993,240.00 15.00% 131,600,000.00 6.37% - - N-SR8 999,999.00 1.88% 2,300,000.00 0.11% - - ”R8 6,721,600.00 12.61% 38,000,000.00 1.84% - - ^SR8 25,151,213.40 47.20% 1,837,100,000.00 88.93% - - "R8 - - - - - - mwR8 - - - - - - VlT [‰ - - - - - - "R8 - - - - - - VOáR8 - - - - - - ‰WR8 - - - - - - ekcR8 - - - - - - mYUFR8 - - - - - - SWNR8 - - - - - - N-Oá^úb - - - - - - \q‰R8 - - - - - - bUFR8 - - - - - - _R8 - - - - - - N-OáR8 - - 4,100,000.00 0.20% - - lè {, 66 u Qq77 u SNlgt^z3Pee6vP:R82018^t^t^bTJ 10 béNt R8NpSVvR8~%g:gvh Q QlS^”bé"rQoY} ~%LN:‰ QwY x zv[RvR8QlSSNN x zvg:g T Qvb Qv T O\R8UFyu(Wú‘ u(N¤ ^-OM0 QlSbévcON¤ SUQCvR8UF^”_Sná R Wúg,gaN 1 Qwg v^”vN R~%D< 2 Oá°_UoY} g $^teà‘'‰LN: g*S×v{g:g‘'Y Z 3 D‘ Oá‰oY}0 Q…èt ‰ 0 N%h< QwY PeQhvQ…c§R6^ ^vá,Wú‘\ ^O[v‰B0 4 QwY Wú‘\b@—veH0 [‰QhvgaN N¤ e{&T Nt Wú‘LR8N¤ v—‰ ^v:Wú‘OQh—bOá`og R0 5 QwY x zv[R g Vú[vx zvg:gTN èx zvNTX eQh—b0N:Wú‘O[‰mN0 L N `Q0 ^ W:p 0 hR gvx zvbTJSThR0vOá`og R ^v9cnWú‘Dry[‰B c ON x zvbTJ0 20 béNt R8NpSVvR8~%g:gvz ^ Wú‘t Nh9cnNN h QL[T xn[R8~ %g:gvbé0 Wú‘t NN bévR8~%g:g{~N¤ SUQCyu(SOTR8x zvg RSO 0 30 bTJg Q…yu(R8QlSN¤ SUQCvSf`Q eà0 11.8 QvN‘'NN ^S÷ QlTJNy l[b—2_ l[b—2g SNlgt^Wú‘t g –PlS QsNSR SWNR8g –P N-VR8b0 N mw 1 2018^t1g 11e QlSu3-[g [bD9 R8b0 R8eb sO `àm;R¨vQlTJ SNlgt^Wú‘ g g P\rL N-VR8b0 N mw 2 2018^t1g 12e R8O0PW0p N mw^ mfN e°S:l u 199_ N mwY'N”S^W:1S÷17\B bX{NOOb@ 13.3 g–e_ NpY bDSW(%N eQM9– N_Sc ]g,9- SpN0 bD[ùg,bTJYg u‘ ST¨Wú‘t NSNlgt^Wú‘t g –PlS0 [b7g Rpí~ 400-888-0001 QM9 021-3878 4638 QlSQW@ www.huatai-pb.com SNlgt^Wú‘t g –PlS 2019^t3g 27e {, 74 u Qq77 u