1、Shenzhen Development Bank Tower,No. 5047 Shennan Road East,Shenzhen, Guangdong Province, P.R. ChinaPost Code: 518001Telephone: +86 (755) 8208 8888Service Line: Challenges and opportunitiesThe year 2005 marked the start of a new era for Shenzhen Development Bank (“SDB”). This annual report illustrate
2、s the key accomplishments of SDB in 2005, a year of challenge, change, opportunity and building for the future.Cover: Shanghai at dawnThe image of the beginning of a new day in Shanghai is apt. After a year of change, SDB has embarked on a new phase, a new beginning. SDBs people and processes are no
3、w poised to achieve sustained growth.Annual Report 2005for growthoisedShenzhenDevelopmentBankAnnualReport2005PShenzhen Development Bank Tower,No. 5047 Shennan Road East,Shenzhen, Guangdong Province, P.R. ChinaPost Code: 518001Telephone: +86 (755) 8208 8888Service Line: Challenges and opportunitiesTh
4、e year 2005 marked the start of a new era for Shenzhen Development Bank (“SDB”). This annual report illustrates the key accomplishments of SDB in 2005, a year of challenge, change, opportunity and building for the future.Cover: Shanghai at dawnThe image of the beginning of a new day in Shanghai is a
5、pt. After a year of change, SDB has embarked on a new phase, a new beginning. SDBs people and processes are now poised to achieve sustained growth.Annual Report 2005for growthoisedShenzhenDevelopmentBankAnnualReport2005P3rd PAGEPROOF17 May 2006BeijingTianjinDalianQingdaoJinanShanghaiHangzhouNingboWe
6、nzhouGuangzhouFoshanShenzhenZhuhaiHaikouChengduChongqingKunmingRegionShenzhen Development Bank (SZSE 000001),the first bank to be publicly listed on the Stock Exchange in Shenzhen, China, is a national bank headquartered in Shenzhen with over RMB 229 billion in assets. Established on 28 December 198
7、7, SDB provides a broad range of financial services to commercial, retail, and government customers, through over 238 branches and sub-branches, with over 7,000 employees in 18 major cities across China. The bank is approximately 72% owned by tradable shares held by the public; 17.9% is owned by New
8、bridge Asia AIV III, L.P. NanjingSouth East North Mid-West Number of banking outlets 128 61 37 12 Assets under management (RMB billion) 87 81 52 9 2005 growth rate Corporate deposits 11% 20% 37% 20% Corporate loans 17% 19% 29% 69% Retail deposits 14% 35% 42% 63% Retail loans 27% 22% 92% 107%Editoria
9、l: SDB Financial Information & Asset Liability Management Department and Sedgwick Richardson Design: Sedgwick RichardsonPresentation format and contents of this annual report and the statutory annual reportThis annual report is produced based on the contents of the statutory annual report plus addit
10、ional information about our businesses. This annual report presentation format is re-arranged with an aim to provide greater transparency and to enable investors and user of this report more comprehensive information to understand the business and management of the Bank. If investors want to have th
11、e statutory annual report announced on 1st April 2006, please download from the CSRC authorized website: http:/, or to obtain a copy from the board secretariat office of the Bank.Forward-looking statements This annual report includes forward-looking statements. All statements, other than statements
12、of historical facts, that address activities, events or developments that the Bank expects or anticipates will or may occur in the future (including but not limited to projections, targets, estimates and business plans) are forward-looking statements. (The Banks actual results or developments may di
13、ffer materially from those indicated by these forward-looking statements as a result of various factors and uncertainties). The Bank makes the forward-looking statements referred to herein as at 15 May 2006 and undertakes no obligation to update these statements.ContentsAnnual Report 2005 Shenzhen D
14、evelopment Bank 23447 Our Financial Results Financial Results Briefs Key Financial Data Highlights Key Business Data Highlights Auditors Report and Statutory Financial Statements (PRC GAAP) Auditors Report and Supplementary Financial Statements (IFRS)Review of Our Businesses Improved Capital Base En
15、hanced Controls and Coordination Striding Forward with a Dynamic Management Team and New Focus 2005 Milestones Corporate Banking Group Retail Banking Group Special Assets Group and Financial Institutions GroupBoard of DirectorsBoard of SupervisorsOur Officials Our Governance Corporate InformationFin
16、ancial HighlightsMessage from the Chairman and CEO6681011121314161920222Corporate InformationRegistered name in Chinese深圳發展銀行股份有限公司(Abbreviated as: 深圳發展銀行, hereafter referred to as “the Bank”)Registered name in English: Shenzhen Development Bank Co., Ltd.Legal Entity RepresentativeFrank N. NewmanSec
17、retary of the Board of DirectorsXu JinSecretariat of the Board of Directors, Shenzhen Development Bank Tower, 5047 Shennan Road East, Shenzhen, Guangdong Province, Peoples Republic of ChinaTel: +86 (755) 8208 0387Fax: +86 (755) 8208 0386E-mail: Securities Affairs RepresentativeLu XuguangAddress of I
18、ncorporationShenzhen Development Bank Tower, 5047 Shennan Road East, Shenzhen, Guangdong Province, Peoples Republic of ChinaPost code: 5800Website: E-mail: Designated Information Disclosure NewspapersChina Securities Times, Securities TimesCSRC-designated website for annual report release: Annual Re
19、port available on request: Please contact Secretariat of the Board of DirectorsListing Exchange for the Banks Common Stocks Shenzhen Stock ExchangeStock abbreviation: 深發展A (SDB A)Stock code: 00000 Other relevant information of the BankDate of initial registration: 22 December 987Date of registration
20、 modification: 27 October 2005Registered address: 5047 Shennan Road East, Luohu District, Shenzhen, Guangdong Province, Peoples Republic of ChinaLicense registration number for enterprise legal person: 4403000334Bloomberg: 00000 CHTax registration number: National Tax (440309285379) Local Tax (44030
21、39285379)Domestic Certified Public Accountants engaged by the Bank: Shenzhen Pengcheng CPA5/F Baofeng Building, 2006 Dongmen Road South, Shenzhen, Guangdong Province, Peoples Republic of ChinaOverseas Certified Public Accountants engaged by the Bank: Ernst & Young8thFloor, Two International Finance
22、Centre,8 Finance Street, Central,Hong KongImportantThe board of Shenzhen Development Bank (“SDB”) and its directors warrant that there are no material omissions from, or misrepresentations or misleading statements contained in this annual report, and jointly and severally accept full responsibility
23、for the authenticity, accuracy and completeness of the information contained in this report. Mr Timothy D. Dattels could not attend the 2th meeting of the 6th session of the board for reason of official duties and authorized Daniel A. Carroll to vote on his behalf. The actual attendance of directors
24、 was 3, and the board approved the full annual report and extracts unanimously. Shenzhen Pengchang CPA and Ernst & Young audited the financial statements prepared under PRC GAAP and IFRS respectively and have issued unqualified opinion to the reports. Chairman and CEO Frank N. Newman, CFO Wang, Bomi
25、n and Financial Controller David Choy hereby warrant the authenticity and completeness of the financial statements contained in this report.This report is prepared in Chinese and English respectively. In case of interpretational differences, the Chinese version shall prevail.Annual Report 2005 Shenzhen Development Bank 3Financial Highlights2004 2005 Change in %For the year ended 3 December RMB millionNet interest income 4,76 4,107 2% Fee & commissison income 323 380 8% Profit before tax 498 639 28% Net profit 294 352 20%E
