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中華民國一 二年五月三十日 刊印 股票代號:6133 中華民國一一年度

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  • 6133

  • ....................................................................................................................1

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    ..................................................................................................................36 ..........................................................................................................43 ..........................................................................................................45 ..............................................................................................45 ......................................45 ..............................................................45 ..........................................................................................46

    ......................................................................................................................48 ..........................................................................................................53 ..............................................................................................................59 ..............................................................................................................59 ......................................................................................................................60 ......................................................................................................................61

  • ..........................62 ..................................................................................................65 ......................................................................69 ......................................................................................................70 ..........................................70

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    ................................................................................................................180 ........................................................................................................181 ............................................................................................................183

    ....................................................................................................184 ....................................187 ................187 ............................................................................................187

    .......................187

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    1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 ( 39) ( 40) ( 41)

    88 12 17 106459

    -36-

  • 89 7 4 57690 90 5 3 122768 90 10 22 164184 91 6 25 0910134378 92 8 27 0920139026 93 6 30 0930 93 10 26 09301198820 94 1 14 09401007610 94 4 15 09401062670 94 7 12 09401126830 94 8 24 09401159000 94 10 11 09401200770 95 1 16 09501008860 95 4 14 09501067840 95 7 12 09501143170 95 8 18 09501182460 95 10 20 09501232120 96 1 02 09501292750 96 4 10 09601070350 96 7 19 09601171380 96 8 28 09601210250 96 10 15 09601251060 97 1 9 09701004040 97 4 11 09701088720 97 7 10 09701169070 97 10 9 09701257430 99 05 31 09901111390 99 09 02 09901198670 100 02 17 10001031590 100 03 11 10001045970 101 03 8 10101038360 165 11 500,000 269 03 2,300,000 370 10 4,200,000 471 11 1,400,000 573 04 6,300,000 678 09 11,300,000 780 03 31,200,000 886 07 74,360,000 988 03 60,000,000 1088 12 48,440,000 1189 08 48,000,000 76,000,0004,000,000

    1290 05 42,000,000 1390 10 90,000,000 8,800,000 1491 06 104,000,000 4,800,000 1592 08 80,000,000 8,000,000 1693 06 38,000,000 4,000,000 1793 10 1,696,380 1894 01 4,107,090 1994 04 22,990,810 1,500,000 2094 07 8,526,620 550,000 2194 08 53,205,860 2,120,000 2294 10 6,249,980 2395 01 800,000 1,995,000 2495 04 21,500,000 4,440,000 2595 07 25,650,000 614,500 2695 09 61,764,500 4,000,000 2795 10 50,000 1,000,000

    -37-

  • 2896 01 4,545,400 997,000 2996 04 16,256,410 1,367,500 3096 07 59,999,850 1,062,500 3196 08 57,115,430 3296 10 2,843,280 1,250,000 3397 01 5,002,500 3497 04 530,000 3597 07 3,365,000 3697 10 40,623,620 3799 05 4,262,190 3899 09 11,475,270 39100 02 30,000,000 40100 03 40,000,000 41101 03 42,000,000

    () 102423

    0 1 11 13 4,920 1 4,946

    0 109,799 16,656,415 1,679,000 76,039,955 8,849,000 103,334,169

    % 0.00% 0.11% 16.12% 1.62% 73.59% 8.56% 100.00%

    () 102423

    1-999 2,133 471,651 0.46%

    1,000-5,000 1,666 3,735,516 3.61%

    5,001-10,000 506 3,713,637 3.59%

    10,001-15,000 184 2,177,370 2.11%

    15,001-20,000 101 1,844,320 1.78%

    20,001-30,000 109 2,697,219 2.61%

    30,001-40,000 61 2,127,809 2.06%

    40,001-50,000 35 1,585,581 1.53%

    50,001-100,000 71 4,976,365 4.82%

    100,001-200,000 33 4,620,926 4.47%

    200,001-400,000 14 4,174,808 4.04%

    400,001-600,000 8 3,739,411 3.62%

    600,001-800,000 7 4,787,506 4.63%

    800,001-1,000,000 0 0 0.00%

    1,000,001 18 62,682,050 60.67%

    4,946 103,334,169 100.00%

    -38-

  • (): 5%:

    102423

    9,419,666 9.12% 7,602,393 7.36%() :

    7,103,978 6.87%

    () : 6,940,893 6.72%

    2,660,620 2.57% 2,474,757 2.39% : 2,431,357 2.35%

    2,366,000 2.29% 1,753,469 1.70% 1,739,453 1.68%

    /

    100 101

    102331 8

    12.40 9.39 9.12 6.69 6.81 8.2

    1 9.57 7.89 8.79 12.60 12.46 12.62

    2 12.60 12.46 12.62

    102,846 116,659 94,681

    -1.40 0.09 -0.07

    3 -1.40 0.09 -0.07

    4 5 87.67 6

    7

    1 2 3 4

    5 6 7 8

    -39-

  • () 1.

    2.

    3.

    4. 101 102 3 27

    () 1.

    0

    2. 0

    () 1.

    1 2 3

    2. 101

    101 102 3 27

    -40-

  • 3100 /

    100

    1. 0 0 2. 0 0 1 2 3

    0 0

    3. 0 0

    1. 0 0 2. 0 0

    : 102 5 15

    97 11 4

    98 1 3

    100 08 31

    100 10 30

    101 1 3

    101 2 29

    101 3 20

    101 5 19

    7 14

    7 13

    6 10.95

    6 11

    4,200,000

    2,012,000

    1,585,000

    1,500,000

    32,424,169 16,130,660 12,291,743 11,809,293

    4,200,000

    0 2,012,000 3,597,000 5,097,000

    0 % 1.95% 3.48 % 4.93 %

    -41-

  • 102 5 15

    101 5 8

    101 7 7

    101 8 27

    101 10 26

    101 12 27

    102 2 26

    6 11

    6 11

    6 10.95

    1,252,000

    1,500,000

    1,000,000

    10,019,889 12,185,205 8,891,936

    6,349,000 7,849,000 8,849,000

    6.14 % 7.60% 8.56 %

    -42-

  • 1.

    99 2 9

    0% 104 2 9

    167,000,000

    15,737,460

    1. 250,000 12.20

    16.76%

    2.

    -43-

  • 2.

    100 101 102 3 31

    105.00 101.00 101.10

    88.00 94.50 100.00 100.23 97.72 100.14

    12.20

    99 2 9

    12.20

    -44-

  • () 1 2

    () 1:

    2:

    -45-

  • 1. 99 1 19 0980071750

    2. 250,000 3. 250,000 4.

    99 99 100,500 100,500

    99 149,500( 4600 )149,500

    ( 4600 ) 250,000 250,000

    5. 1

    100,500 2.8% 2,814

    144.05 112.14 166.87 134.96(99 201% 154%)

    2 99

    SINBRIDGE PTE LTD 100%

    (NB)

    99~103 100%(12,156)35,232 34,318 35,878 35,783 (99 (6,930)100 (48,999)101 (63,740))

    -46-

  • 99 3 31

    100,500

    100,500 100%

    % 100% 149,500

    149,500 100%

    % 100% 250,000

    250,000 100%

    %

    100%

    -47-

  • 1.

    (1) CC01020

    (2) CC01030

    (3) CC01040

    (4) CC01060

    (5) CC01070

    (6) CC01080

    (7) CC01101

    (8) CC01110

    (9) CC01990

    (10) CE01010

    (11) CE01030

    (12) F108031

    (13) F113020

    (14) F208031

    (15) F213010

    (16) F401010

    (17) F401021

    (18) ZZ99999

    2

    101 %

    194,036 15.26% 714,900 56.20%

    197,145 15.50%

    165,903 13.04% 1,271,984 100.00 %

    3 1 2 3 4 5 6 7 8

    4 1()

    -48-

  • 2MCX 3 4 5

    1

    Cable AssemblyConnector

    DSCMP3.

    -49-

  • 2

    3 1

    fine wire

    2

    A.

    B.

    3C

    USB3.0DisplayPort Thundrbolt RF

    -50-

  • 1

    UL F-MARK CSAISO9001TS16949ISO13485ISO14001 OHSAS18001

    2 65 AC/DC

    74

    92 (RF coaxial) Dell, Apple HP

    3 99 100 101

    2 3 2

    16 12 11

    3 3 2

    21 18 15

    102 3 14

    85.7%

    4

    99 100 101

    19,598 29,405 16,333

    5

    98

    1.RF CABLE

    2.

    3.MCX

    4.USB (USB Server) NB (Mini Card)

    99

    1.

    2.MCX

    3.RF CABLE

    -51-

  • 4.USB (USB Server)

    100

    1.

    2.MCX

    3.RF CABLE

    4.USB (USB Server) 5.

    101

    1. 2.

    3.

    1. 1

    A. B.

    2 A.

    B.

    3 A. B.

    4: 101 12 513,156

    2. 1

    A.

    B. OEM ODM

    C. D.

    2 A.

    B. C. ISO QS D.

    3 A. B. C.

    -52-

  • D. 4

    A. B.

    1. ,%

    100 101 102

    25,530 1.66 21,011 1.57 7,134 3,24 1,184,393 76.89 951,198 70.89 133,225 60.57 220,385 14.31 227,564 16.96 47,865 21.76 84,265 5.47 87,786 6.54 19,977 9.08 25,683 1.67 54,198 4.04 11,747 5.35

    1,514,724 98.34 1,320,746 98.43 212,813 96.76 1,540,256 100.00 1,341,757 100.00 219,947 100.00

    2. 200 20

    ,% 101

    102,876,538 60.52% 10,011,618 5.89% 8,904,426 5.24% 8,693,441 5.11% 4,805,016 2.83% 3,952,817 2.33% 3,814,176 2.24% 2,682,557 1.58% 2,679,767 1.58% 2,171,582 1.28% 2,076,771 1.22% 1,875,685 1.10% 1,805,850 1.06% 1,341,757 0.79%

    101 () 1,700

    -53-

  • 3.

    450 Fleck Research

    14.2%

    13.6% 12.9% 10.85%

    9.5%

    2012

    10.2%

    8.7% 7.6%

    6.2% 6.1%

    (2392)(3023)(3533)

    PC

    2011

    4. 101 1,341,757 100 12.88%

    9% 10.517

    101

    5. 1

    OEM/ODM , , , ,

    2

    UL F-MARKT-MARK CSAISO9002 QS9000, TS16949 ISO13485 3C MOTOROLABCMAMPHENO

    -54-

  • 3 OEM/ODM

    4

    Medical cable,

    USB3.0RF Cable MCX

    Ultrasound CableUSB CableRF Cable MCX

    6. 1

    A. MOTOROLAGE BCM

    AMPHENOLSony, Samsung,

    B. OEM/ODM , ,

    , ,

    C.

    D.

    ,

    2

    A

    -55-

  • B

    Forecast

    C

    D( PVC )

    E (1)

    (2)

    1.

    A.

    LCD panelNotebook

    B.

    C.

    DSC

    D.

    E.

    F. GPS

    PDANB

    G.

    -56-

  • 2.

    Multehemsil

    DAI-ICHI HIROSE AmphonelTYCOMOLEX

    1. %

    100 101 102

    %

    %

    %

    1 UTE 534,603 51% KGB 72,134 11% DDE 147,147 97%

    513,638 49% 562,541 89% 4,959 3%

    1,048,241 100%

    634,675 100%

    100%

    : 101 UTE KGB

    -57-

  • 2. %

    100 101 102

    %

    %

    %

    1 BCM 177,284 13.54% BCM 200,839 16% BCM 22,856 12.40%

    2 MOT-USA 114,907 8.78% MOT-USA 97,528 8% 18,317 9.94%

    3

    86,865 6.63% TEMCO 92,921 7% MOT-USA 15,969 8.66%

    930,500 71.05% 880,696 69% 127,177 69%

    1,309,556 100.00% 1,271,984 100.00% 184,319 100.00%

    : 101

    1. /

    100 101

    85,263 1,568,772 62,630 954,576 2,327 0 85,263 1,571,099 62,630 954,576

    2. / 100 101

    606 9,699 102,970 1,273,080 600 20,198 63,236 1,222,859

    12,346 14,431 813 28,114 606 22,045 102,970 1,287,511 600 21,011 63,236 1,250,973

    1

    2

    -58-

  • 100 101 102 3

    0 0 0

    1 1 1

    67 65 59

    18 15 14

    86 81 74

    40.23 41.75 41.40

    5.80 6.72 6.98

    0.00% 1.23% 1.35%

    17.44% 18.52% 18.92%

    66.28% 64.21% 62.16%

    15.12% 14.81% 16.22%

    1.16% 1.23% 1.35%

    1.

    2.

    3.

    4.

    5. RoHs (1RoHs 100%

    2RoHs

    3RoHs

    100%

    -59-

  • 1. 1

    2

    3

    4

    5

    2

    3

    76 89341

    4

    5

    -60-

  • -61-

  • 1

    102 3 31 3

    928,933

    2 645,513

    9,210 2 57,315 1,640,971

    179,608

    4 157,047

    336,655

    4

    1,304,316

    1,033,342 364,983

    (18,268) 4

    9,356 (85,097) 0

    1,304,316 4 1 ROC GAAP 2 IFRSS 101 16,467 3 4 101 102 3 27

    -62-

  • 1 97 98 99 100 101

    498,528 629,102 618,819 756,645 661,182 1,126,137 1,062,952 1,096,807 1,088,165 997,479

    97,658 92,224 88,483 86,474 83,340 3,351 1,652 1,490 11,100 7,568 153,854 159,575 158,688 168,730 172,816 1,876,177 1,945,505 1,964,287 2,111,114 1,922,385

    290,353 421,446 307,532 545,253 627,340

    320,881 421,446 307,532 545,253 3

    6,934 6,565 202,754 210,276 6,565 37,258 24,519 6,902 162 1,212

    334,545 452,530 517,188 755,691 635,117

    365,073 452,530 517,188 755,691 3

    1,129,604 1,129,604 1,115,342 1,075,342 1,033,342 349,039 349,039 389,631 381,142 368,259

    165,741 138,439 92,669 (64,665) (53,906)

    135,213 138,439 92,669 (64,665) 3

    (182,359) (162,852) (113,796) (67,611) (54,909) 69,794 38,745 (36,747) 31,215 (5,518)

    1,541,632 1,492,975 1,447,099 1,355,423 1,287,268

    1,511,104 1,492,975 1,447,099 1,355,423 3

    1 2 3 : 101 102 3 27

    -63-

  • ()

    1

    102 3 31 2

    219,947 32,760 (21,157) 13,694 (7,463)

    (7,463)

    0 (6,222)

    26,515

    20,293

    (6,222)

    0

    20,293

    0

    (0.07) 1 ROC GAAP 2

    97 98 99 100 101 997,178 792,706 945,825 1,309,556 1,271,984 183,464 145,871 129,204 68,093 203,923 57,036 25,570 10,583 (70,287) 64,094 24,864 14,766 14,208 11,253 20,366 (32,048) (38,710) (59,194) (104,518) (64,913) 36,152 3,226 (27,103) (144,452) 10,517 0.34 0.03 (0.26) (1.40) 0.09

    -64-

  • 1.

    97

    98 99

    100 101

    1

    1 3

    102 3 31

    2

    20.52

    226.39

    517.20

    423.94

    (3.32)

    0.90 406.50 1.38 1.89 265.29

    0.34

    0.13 (0.27) (0.48)

    (2.05)

    (0.72)

    (2.83)

    (0.07) 49.64

    255.37

    -65-

  • 2.97

    (9.67)

    0.92

    20 : ROC

    ( GAAP ) (1-1) 1.

    (1) (2)

    2. (1) (2) (3)

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    1 2 97 98 99 100 101

    17.83 23.26 26.33 35.80 33.04 1,586 1,626 1,865 1,811 1,552

    171.870 149 201 139 105 114.36 113 154 99 84

    318.53 24 -4 -20 3

    3.69 3.74 4.53 4.35 3.69 99 98 81 84 99

    3.74 3.49 4.66 6.13 5.64 28.53 32.57 44.21 4.00 8.7

    98 105 78 60 65 10.21 8.6 10.69 15.14 15.26

    0.53 0.41 0.48 0.62 0.66 2 0.17 -1.08 -6.76 0.89

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    -72-

  • 4110 $1,278,084 100 $1,314,778 100 4170 ( 1,906 ) - ( 959 ) - 4190 ( 4,194 ) - ( 4,263 ) - 4000 1,271,984 100 1,309,556 100 5000

    ( 1,068,061 ) ( 84 ) ( 1,241,463 ) ( 95 ) 5910 203,923 16 68,093 5 6100 ( 76,191 ) ( 6 ) ( 52,291 ) ( 4 ) 6200 ( 47,305 ) ( 4 ) ( 56,684 ) ( 4 ) 6300 ( 16,333 ) ( 1 ) ( 29,405 ) ( 2 ) 6000 ( 139,829 ) ( 11 ) ( 138,380 ) ( 10 ) 6900 64,094 5 ( 70,287 ) ( 5 ) 7110 100 - 321 - 7122 877 - 884 - 7140 - - 579 - 7160 3,840 - 735 - 7210 3,100 - 2,131 - 7250 858 - - - 7320

    4,700 1 - - 7480 6,891 1 6,603 1 7100

    20,366 2 11,253 1

    -73-

  • 7510 ( $ 8,950 ) ( 1 ) ( $ 7,966 ) - 7521

    ( 53,953 ) ( 4 ) ( 76,604 ) ( 6 ) 7640

    - - ( 7,968 ) ( 1 ) 7880 ( 2,010 ) - ( 11,980 ) ( 1 ) 7500

    ( 64,913 ) ( 5 ) ( 104,518 ) ( 8 ) 7900 19,547 2 ( 163,552 ) ( 12 ) 8110

    ( 9,030 ) ( 1 ) 19,100 1 9600 $ 10,517 1 ( $ 144,452 ) ( 11 )

    9750 $ 0.20 $ 0.11 ( $ 1.59 ) ( $ 1.40 ) 9850 $ 0.17 $ 0.09 ( $ 1.59 ) ( $ 1.40 )

    -74-

  • $

    1,1

    15,3

    42

    $

    389,

    631

    $

    126,

    750

    ( $

    34,0

    81 )

    ( $

    36,7

    47 )

    $

    3,25

    0

    $

    16

    ,467

    ( $

    13

    3,51

    3 )

    $ 1

    ,447

    ,099

    -

    3,78

    0

    -

    -

    -

    -

    -

    -

    3,78

    0

    -

    (

    23 )

    -

    -

    -

    -

    -

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    ( 23

    )

    -

    -

    -

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    67,9

    62

    -

    -

    -

    67

    ,962

    -

    -

    -

    (

    144,

    452 )

    -

    -

    -

    -

    (

    144,

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    -

    -

    -

    -

    -

    (

    2,81

    3 )

    -

    -

    ( 2,

    813 )

    2,01

    2

    -

    -

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    -

    -

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    -

    ( 16

    ,130

    )

    (

    16,1

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    (

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    00 )

    ( 12

    ,246

    )

    -

    (

    12,8

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    -

    -

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    381,

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    (

    191,

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    31,2

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    ( 84

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    -

    (

    25 )

    -

    -

    -

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    ( 25

    )

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    (

    36,7

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    -

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    ( 36

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    -

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    ( 46

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    (

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    (

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    ( 12

    ,858

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    -

    242

    -

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    54

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    -

    $

    1,0

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    $

    368,

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    $

    126,

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    ( $

    180,

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    ( $

    5,

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    $

    4,

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    $

    16,4

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    ( $

    76,2

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    $ 1

    ,287

    ,268

    -75-

  • $ 10,517 ( $ 144,452 )

    6,186 6,264 4,393 1,539

    ( 858 ) - ( 9,633 ) ( 8,053 )

    - ( 579 ) - 3,780

    8,259 7,959 53,953 76,604

    - ( 3 ) ( 4,700 ) 7,968

    - 10,000 ( 821 ) ( 965 )

    ( 3,054 ) ( 29,440 )

    189 ( 124 ) 108,708 ( 214,857 )

    4,246 14,175 91,410 ( 65,256 )

    ( 1,660 ) 1,936 ( 1,609 ) ( 2,684 ) ( 98,138 ) 53,054

    ( 11,062 ) - 7,323 -

    28,601 9,576 ( 132,184 ) 164,379

    ( 3,279 ) 4,061 56,787 ( 105,118 )

    16,453 169 ( 1,090 ) ( 2,294 )

    -76-

  • ( $ 651 ) ( $ 11,149 )

    406 - - 70,579

    15,118 57,305

    ( 1,385 ) 1,385

    1,050 ( 2,032 ) ( 595 ) ( 475 ) ( 46,306 ) ( 16,130 )

    87,120 - 39,884 ( 17,252 )

    111,789 ( 65,065 )

    87,073 152,138

    $ 198,862 $ 87,073

    $ 3 $ - $ 10 $ 8,286

    $ 211,429 $ -

    -77-

  • 81 86

    ( )

    -78-

  • ( )

    ( )

    ( )

    ( )

    -79-

  • ( )

    -80-

  • ( )

    1.

    2.

    3.

    ( )

    -81-

  • ( )

    ( )

    -82-

  • ( )

    -83-

  • ( )

    ( )

    ( )

    -84-

  • ( )

    ( )

    ( )

    ( )

    ( )

    ( ) ( )

    ( )

    -85-

  • $ 85 $ 85 860 341 15,280 7,710 182,637 53,937 - 25,000

    $ 198,862 $ 87,073

    $ 8,027 $ 12,756

    4,700 7,968

    $ 13,778 $ 9,930 8,981 8,437

    $ 22,759 $ 18,367

    1. $ 105 $ 294 ( 2 ) ( 6 )

    $ 103 $ 288 2. $ 279,915 $ 408,723

    ( 9,821 ) ( 10,664 ) $ 270,094 $ 398,059 $ 21,263 $ 1,152 3. $ 6,475 $ 6,486

    ( 6,475 ) ( 6,486 ) $ - $ -

    -86-

  • $ 6 $ 10,664 $ 6,486 $ 4 $ 7,118 $ 12,214

    ( 4 ) ( 843 ) ( 11 ) 2 5,726 ( 5,728 ) - - - - ( 2,180 ) -

    $ 2 $ 9,821 $ 6,475 $ 6 $ 10,664 $ 6,486

    $ 68,647 $ 104,688 37,627 74,662 24,429 33,130

    765 765 $ 131,468 $ 213,245

    12,325 21,958

    1,068,061

    1,241,463

    9,633 8,053 9,633

    ( )

    Golden Bridge Electric Pte. Ltd. (GBEP)

    $ 657,703 100.00 $ 628,581 100.00 Universal Trading

    Enterprises Ltd. (UTE)

    299,674 100.00 352,474 100.00

    -87-

  • Sinbridge PTE Ltd. (SBP)

    $ 37,488 100.00 $ 104,367 100.00

    GBE Investment Ltd. (GIL)

    2,614 100.00 2,743 100.00

    $ 997,479 $ 1,088,165

    ( )

    Golden Bridge Electric Pte Ltd (GBEP)

    $ 464,903 $ 7,770 ( $ 18,886 )

    Universal Trading Enterprises Ltd (UTE)

    487,948 2,071 ( 14,633 )

    Sinbridge PTE Ltd.(SBP) 158,925 ( 63,777 ) ( 3,102 ) GBE Investment Ltd (GIL) 38,099 ( 17 ) ( 112 ) $1,149,875 ( $ 53,953 ) ( $ 36,733 )

    Golden Bridge Electric Pte Ltd (GBEP)

    $ 424,665 $ 20,496 $ 43,954

    Universal Trading Enterprises Ltd (UTE)

    528,186 ( 48,081 ) 14,210

    Sinbridge PTE Ltd.(SBP) 158,925 ( 48,999 ) 9,694 GBE Investment Ltd (GIL) 38,099 ( 20 ) 104 $1,149,875 ( $ 76,604 ) $ 67,962

    $ 10,740 $ 15,035

    ( 4,296 ) ( 4,295 ) $ 6,444 $ 10,740

    -88-

  • $ 46,484 $ 54,181 $ 4,012 $ 12,954 $ 704 $ 118,335

    - - - 1,090 - 1,090 - - - - - -

    - - - 704 ( 704 ) - 46,484 54,181 4,012 14,748 - 119,425 - 20,268 2,888 8,705 - 31,861

    - 1,344 395 2,485 - 4,224 - - - - - -

    - 21,612 3,283 11,190 - 36,085 $ 46,484 $ 32,569 $ 729 $ 3,558 $ - $ 83,340

    $ 46,484 $ 65,670 $ 11,508 $ 50,385 $ 704 $ 174,751

    - - 300 1,994 - 2,294 - ( 11,489 ) ( 7,796 ) ( 39,425 ) - ( 58,710 )

    46,484 54,181 4,012 12,954 704 118,335 - 30,421 10,267 45,580 - 86,268

    - 1,336 417 2,550 - 4,303 - ( 11,489 ) ( 7,796 ) ( 39,425 ) - ( 58,710 )

    - 20,268 2,888 8,705 - 31,861 $ 46,484 $ 33,913 $ 1,124 $ 4,249 $ 704 $ 86,474

    $ 62,990 $ 58,453 $ 121,443 $ 62,990 $ 72,615 $ 135,605

    - - - - - - - - - - ( 14,162 ) ( 14,162 )

    62,990 58,453 121,443 62,990 58,453 121,443

    -89-

  • $ 23,032 $ - $ 23,032 $ 23,032 $ - $ 23,032

    - - - - - - - - - - - -

    23,032 - 23,032 23,032 - 23,032 - 20,766 20,766 - 33,446 33,446

    - 1,482 1,482 - 1,482 1,482 - - - - ( 14,162 ) ( 14,162 )

    - 22,248 22,248 - 20,766 20,766 $ 86,022 $ 36,205 $ 122,227 $ 86,022 $ 37,687 $ 123,709

    23,032 6,565

    16,467

    $ 4,178 4,000 4,000 4,000 2,000

    1,212 162

    $ 6,160 $ 19,155 $ 12,653 $ 37,968 $ 6,160 $ 20,629 $ 12,653 $ 39,442

    - - - - - - - - - - - - - ( 1,474 ) - ( 1,474 )

    6,160 19,155 12,653 37,968 6,160 19,155 12,653 37,968

    -90-

  • $ - $ 7,068 $ 9,065 $ 16,133 $ - $ 8,063 $ 9,065 $ 17,128

    - 480 - 480 - 479 - 479 - - - - - ( 1,474 ) - ( 1,474 )

    - 7,548 9,065 16,613 - 7,068 9,065 16,133 - - 3,588 3,588 - - 3,588 3,588

    - - - - - - - - - - - - - - - -

    - - 3,588 3,588 - - 3,588 3,588 $ 6,160 $ 11,607 $ - $ 17,767 $ 6,160 $ 12,087 $ - $ 18,247

    0.45% $ - $ 1,385

    250,000 $ 229,700 $ 230,300

    ( 18,271 ) ( 26,589 ) 211,429 203,711

    ( 211,429 ) - $ - $ 203,711

    250,000

    ( ) 12.20

    -91-

  • ( )

    ( )

    101.51%

    ( )

    19,200 1,100

    229,700

    2,837 2,817

    -92-

  • 821 965

    ( )

    $ 183 $ 177 432 394

    ( 840 ) ( 830 ) ( 596 ) ( 706 )

    ( $ 821 ) ( $ 965 )

    ( )

    ( $ 6,988 ) ( $ 6,667 )

    ( 11,194 ) ( 9,617 ) ( 18,182 ) ( 16,284 )

    ( 5,629 ) ( 5,343 ) ( 23,811 ) ( 21,627 )

    42,418 42,012 18,607 20,385

    314 469 ( 13,466 ) ( 16,220 )

    $ 5,455 $ 4,634

    $ 9,287 $ 9,249

    ( )

    1.875% 2.00% 2.250% 2.25%

    1.875% 2.00%

    ( ) $ - $ - ( ) $ - $ -

    -93-

  • 2,000,000 200,000 10

    1,033,342 1,075,342

    $ 131,560 198,440

    520,396 18,120 62,193

    190,954 23,679

    ( 112,000 ) $ 1,033,342

    1,000

    7.72

    3,780

    -94-

  • $ 210,220 $ 210,220

    183,589 183,589 10,869 10,869

    37,124 37,232 9,354 9,354

    3,780 3,780 800 717 ( 25,284 ) ( 12,426 )

    ( 62,193 ) ( 62,193 ) $ 368,259 $ 381,142

    0

    -95-

  • 25%

    $ - $ - $ - $ - - - - - - - - -

    $ - $ - $ - $ -

    10,517 191,415

    242 180,656

    126,750 53,906

    -96-

  • $ 437 4,392

    $ 4,829

    $ 3,250

    ( 2,813 ) $ 437

    $ 31,215 ( 36,733 )

    ( $ 5,518 )

    ( $ 36,747 )

    67,962 $ 31,215

    6,212 5,837 - 12,049 - - ( 4,200 ) ( 4,200 )

    7,849

    8,200 2,012 - 10,212 - - ( 4,000 ) ( 4,000 )

    6,212

    -97-

  • 17%

    ( )

    $ 19,547 ( $ 163,552 )

    2,595 16,559

    53,953 76,604 ( 9,633 ) ( 8,053 )

    39,840 - ( 1,215 ) 13,986

    105,087 ( 64,456 ) ( 63,374 ) -

    17% 17% 7,091 -

    10% - - 10 -

    7,101 - 4,983 10,340

    ( 3,054 ) ( 29,440 ) $ 9,030 ( $ 19,100 )

    ( )

    $ 1,142 $ 1,184 2,096 3,733 469 1,069

    838 352 1,020 1,020

    $ 5,565 $ 7,358

    -98-

  • $ - $ 610

    23,159 13,986 - 10,958 5,501 5,478

    28,660 31,032 ( 1,848 ) ( 1,848 )

    26,812 29,184

    ( 927 ) ( 788 ) - ( 6,773 )

    - ( 585 ) ( 927 ) ( 8,146 )

    $ 25,885 $ 21,038

    ( )

    ( )

    $ 10,774 $ -

    ( )

    $ 26,084 $ 23,696

    - -

    -99-

  • ( )

    $ - $ - ( 180,656 ) ( 191,415 )

    ( $ 180,656 ) ( $ 191,415 )

    $ 1,235 $ 52,082 $ - $ 53,317 $ 1,552 $ 61,610 $ - $ 63,162

    130 5,496 - 5,626 134 5,189 - 5,323 48 1,968 - 2,016 49 1,803 - 1,852

    71 2,342 - 2,413 99 2,275 - 2,374 $ 1,484 $ 61,888 $ - $ 63,372 $ 1,834 $ 70,877 $ - $ 72,711

    $ 231 $ 3,993 $ 1,962 $ 6,186 $ 209 $ 4,094 $ 1,961 $ 6,264 $ 113 $ 4,280 $ - $ 4,393 $ 33 $ 1,506 $ - $ 1,539

    $ 0.20 $ 0.11 ( $ 1.59 ) ( $ 1.40 ) $ 0.17 $ 0.09 ( $ 1.59 ) ( $ 1.40 )

    -100-

  • $ 19,547 $ 10,517

    $ 19,547 $ 10,517 97,803 $ 0.20 $ 0.11

    - - 18,856

    $ 19,547 $ 10,517 116,659 $ 0.17 $ 0.09

    ( $ 163,552 ) ( $ 144,452 )

    ( $ 163,552 ) ( $ 144,452 ) 102,846 ( $ 1.59 ) ( $ 1.40 )

    ( $ 163,552 ) ( $ 144,452 ) 102,846 ( $ 1.59 ) ( $ 1.40 )

    -101-

  • ( )

    $ 22,759 $ 22,759

    $ 18,367 $ 18,367

    8,027 8,027

    12,756 12,756

    ( )

    1.

    2.

    -102-

  • ( )

    $ 22,759 $ 18,367 $ - $ -

    - - 8,027 12,756

    ( )

    4,700 7,968

    ( )

    1.

    2.

    3.

    -103-

  • ()

    SAM

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    Gol

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    -104-

  • ( )

    Universal Trading Enterprises Ltd.

    (BVI) UTE 100%

    SBP 100%

    DDE Golden Bridge Electric

    Pte Ltd. 100%

    DGB Golden Bridge Electric

    Pte Ltd. 100%

    KGB Sinbridge Pte Ltd.

    100%

    ( )

    1.

    DDE $ 5,268 - $ 553 - DGB 9,129 1 614 - KGB - - 5,405 -

    $ 14,397 1 $ 6,572 -

    2.

    UTE $ 1,075 - $ 534,603 51 DGB 275 - - - KGB 58,419 9 - -

    $ 59,769 9 $ 534,603 51

    UTE KGB

    DGB

    UTE

    -105-

  • 3.

    DDE $ 383,831 36 $ 226,861 18 KGB - - 6,807 1

    $ 383,831 36 $ 233,668 19

    ( )

    DDE $ 842 3 $ 572 50 DGB 2,073 11 580 50 KGB 18,348 86 - -

    $ 21,263 100 $ 1,152 100

    DDE $ - - $ 16,487 99 KGB 36 22 4 -

    SBP 128 78 126 1 $ 164 100 $ 16,617 100

    DGB $ - - $ 72 2

    UTE $ 151,931 100 $ 160,173 49

    KGB - - 2,820 1 $ 151,931 100 $ 162,993 50

    DDE $ 33,036 61 $ - -

    UTE $ 28,553 24 $ 143,375 87 UTE 87,120 73 - -

    DDE 757 1 21,004 13 DGB 2,866 2 - - KGB 19 - - -

    $ 119,315 100 $ 164,379 100

    -106-

  • ( )

    UTE $ 102,533 12/13 $ 87,120 $ 87,120 1.30% $ 679 $ 679 DDE 50,788 12/31 50,788 - 3.50-4.00% - -

    ( )

    UTE

    90,000 50,000

    ( )

    $ 17,214 $ 20,872

    289 500 $ 17,503 $ 21,372

    $ 1,600 $ 1,600 46,484 46,484

    32,569 33,913 86,022 86,022

    36,205 37,687 6,160 6,160

    11,607 12,087 $ 220,647 $ 223,953

    UTE

    90,000 50,000

    -107-

  • ( )

    1 2 3

    4 20%

    5 20%

    6 20%

    7 20%

    8 20%

    9

    ( )

    1 2 3 4

    5 20%

    6 20%

    7 20%

    8 20%

    9 20% 10

    -108-

  • ( )

    1

    2

    3

    4

    5

    6

    $ 14,482 29.0400 $ 420,557 $ 14,478 30.2750 $ 438,321 227 38.4900 8,737 - 40.8992 - 4,940 0.3364 1,662 5,123 0.3906 2,001 5,305 3.7470 19,878 4,184 3.8970 16,305

    1,381 29.0400 40,102 3,538 30.2750 107,113 79,977 3.7470 299,674 92,712 3.8970 361,299 27,681 23.7600 657,703 27,319 23.3100 636,806

    7,014 29.0400 203,687 10,647 30.2750 322,338 36,654 3.7470 137,343 43,406 3.8970 169,153 2,272 0.3364 764 3,442 0.3906 1,344

    2,798 4.6600 13,039 487 4.8070 2,341

    -109-

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    585,

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    ( SG

    D

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    1,47

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    )

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    Gol

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    Brid

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    lect

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    11,9

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    100

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    ( SG

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    4,21

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    4,21

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    Uni

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    Ltd.

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    ( 30

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    Sinb

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    8,92

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    ( U

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    (

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    ( U

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    (

    63,7

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    ( U

    SD

    (2,1

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    1

    2

    832

    3,36

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    3

    3,46

    416

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    -113-

  • 1

    $ 11

    5,42

    8 (

    RMB

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    0 )

    $

    115,

    428

    ( RM

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    25,

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    )

    $

    60,0

    22

    ( RM

    B

    13,

    000,

    000

    )

    3.5%

    ~4%

    $

    -

    $

    - -

    $

    -

    $ 17

    5,68

    0 1

    $ 35

    1,35

    9 1

    2

    50,7

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    ( RM

    B

    11,

    000,

    000

    )

    50,7

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    ( RM

    B

    11,

    000,

    000

    )

    - (

    RMB

    - )

    3.5%

    ~4%

    -

    -

    -

    -

    58

    ,560

    2

    23

    4,24

    0 2

    3 U

    nive

    rsal

    Tra

    ding

    En

    terp

    rise

    s Lt

    d.

    (UTE

    )

    102,

    533

    ( U

    SD

    3,50

    0,00

    0 )

    87,1

    20

    ( U

    SD

    3,00

    0,00

    0 )

    87,1

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    ( U

    SD

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    0 )

    1.3%

    -

    -

    -

    -

    89

    ,902

    3

    11

    9,87

    0 3

    1

    585,

    599

    60

    %35

    1,35

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    2

    585,

    599

    40

    %23

    4,24

    058

    5,59

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    58,5

    60

    3 U

    niv

    ersa

    l T

    rad

    ing

    En

    terp

    rise

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    299,

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    %11

    9,87

    029

    9,67

    4

    30%

    89,9

    02

    -114-

  • Gol

    den

    Brid

    ge E

    lect

    ric

    Pte

    Ltd.

    100%

    -

    $ 58

    5,59

    9 (

    SGD

    24,

    646,

    443

    ) 10

    0

    Gol

    den

    Brid

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    lect

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    16,0

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    Uni

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    Ltd.

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    Sinb

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    100

    -115-

  • $

    383,

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    98

    $

    33,0

    36

    94

    -116-

  • U

    nive

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    Tra

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    $ 15

    1,93

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    115,

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    -117-

  • 1.

    $

    461,

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    ( H

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    $

    40,2

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    1,88

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    100

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    1,47

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    SGD

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    $

    585,

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    ( SG

    D

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    46,4

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    $

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    158,

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    ( U

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    SBP

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    158,

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    158,

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    100

    (

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    ( U

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    37,6

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    GBE

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    $ 38

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    -118-

  • -119-

  • 0920123784

    1000028068

    -120-

  • 11

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    287,

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    0

    $

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    0

    100

    -121-

  • 4110 $ 1,348,300 100 $ 1,545,531 100 4170 ( 2,191 ) - ( 962 ) - 4190 ( 4,352 ) - ( 4,313 ) - 4000 1,341,757 100 1,540,256 100 5000 ( 1,112,192 ) ( 83 ) ( 1,420,781 ) ( 92 ) 5910 229,565 17 119,475 8 6000 ( 228,083 ) ( 17 ) ( 281,193 ) ( 18 ) 6900 1,482 - ( 161,718 ) ( 10 ) 7110 9,018 1 10,346 1 7122 877 - 884 - 7140 - - 579 - 7210 3,888 - 2,593 - 7250 5,310 1 - - 7320

    4,700 - - - 7480 9,169 1 18,236 1 7100

    32,962 3 32,638 2 7510 ( 10,459 ) ( 1 ) ( 7,966 ) - 7530 ( 377 ) - ( 1,119 ) - 7560 ( 1,988 ) - ( 1,842 ) -

    -122-

  • 7640

    $ - - ( $ 7,968 ) ( 1 )

    7880 ( 2,656 ) - ( 13,558 ) ( 1 ) 7500

    ( 15,480 ) ( 1 ) ( 32,453 ) ( 2 ) 7900 18,964 2 ( 161,533 ) ( 10 ) 8110

    ( 8,447 ) ( 1 ) 17,081 1 9600 $ 10,517 1 ( $ 144,452 ) ( 9 ) 9601 $ 10,517 1 ( $ 144,452 ) ( 9 ) 9602 - - - - $ 10,517 1 ( $ 144,452 ) ( 9 )

    9750 $ 0.20 $ 0.11 ( $ 1.59 ) ( $ 1.40 ) 9850 $ 0.17 $ 0.09 ( $ 1.59 ) ( $ 1.40 )

    -123-

  • $

    1,1

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    42

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    389,

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    ( $

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    $ 1

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    -

    -

    -

    3,78

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    -

    (

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    -

    -

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    -

    -

    ( 23

    )

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    -

    -

    67,9

    62

    -

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    -

    67

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    -

    -

    -

    (

    144,

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    -

    -

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    -

    -

    -

    -

    -

    ( 2,

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    -

    -

    (

    2,81

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    -

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    -

    -

    -

    -

    (

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    ( 16

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    4,00

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    ( 40

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    )

    (

    12,2

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    -

    ( 12

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    -

    -

    -

    65,1

    28

    -

    1,

    075,

    342

    38

    1,14

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    126,

    750

    ( 19

    1,41

    5 )

    31

    ,215

    437

    16

    ,467

    (

    84,5

    15 )

    1,

    355,

    423

    -

    ( 25

    )

    -

    -

    -

    -

    -

    -

    (

    25 )

    -

    -

    -

    -

    ( 36

    ,733

    )

    -

    -

    -

    (

    36,7

    33 )

    -

    -

    -

    10

    ,517

    -

    -

    -

    -

    10,5

    17

    -

    -

    -

    -

    -

    4,39

    2

    -

    -

    4,39

    2

    5,83

    7

    -

    -

    -

    -

    -

    -

    -

    ( 46

    ,306

    )

    (

    46,3

    06 )

    4,

    200

    (

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    ( 12

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    )

    -

    242

    -

    -

    -

    54

    ,616

    -

    $

    1,0

    33,3

    42

    $

    368,

    259

    $

    126,

    750

    ( $

    180,

    656 )

    ( $

    5,

    518 )

    $

    4,

    829

    $

    16,4

    67

    ( $

    76,2

    05 )

    $ 1

    ,287

    ,268

    -124-

  • $ 10,517 ( $ 144,452 )

    84,471 91,023 12,741 9,175

    ( 4,868 ) 1 - 3,780

    8,259 7,959 - ( 579 )

    377 1,119 ( 10,619 ) 19,917

    - ( 3 ) ( 4,700 ) 7,968

    - 10,000 ( 3,054 ) ( 29,440 )

    ( 821 ) ( 965 )

    189 ( 124 ) 112,487 ( 110,665 ) 93,874 ( 40,435 )

    ( 1,793 ) 109,713 11,058 ( 8,510 )

    ( 1,609 ) ( 12,574 ) ( 115,232 ) 28,855

    7,417 ( 613 ) ( 2,895 ) 12,539

    ( 12,178 ) - ( 4,755 ) 1,727

    178,866 ( 44,584 )

    ( 15,418 ) ( 106,693 )

    101 1,469 - 70,579

    -125-

  • $ 397 ( $ 177 )

    ( 19,318 ) ( 18,750 ) ( 34,238 ) ( 53,572 )

    ( 1,385 ) ( 237 ) 966 ( 2,029 )

    ( 595 ) ( 475 ) ( 46,306 ) ( 16,130 )

    ( 47,320 ) ( 18,871 )

    ( 19,708 ) 45,297

    77,600 ( 71,730 )

    435,556 507,286

    $ 513,156 $ 435,556

    $ 270 $ -

    $ 1,472 $ 15,017

    $ 211,429 $ -

    -126-

  • ( )

    1,033,342

    ( ) Golden Bridge Electric Pte Ltd. GBEP

    22,623

    100%

    ( ) Universal Trading Enterprises Ltd. UTE

    109,292

    100%

    ( ) GBE Investments Ltd. GIL

    1,100 100%

    ( )

    111,000 GBEP

    100% UTE

    ( ) Universal Trading Enterprises Ltd. (HK)

    100

    UTE 100%

    -127-

  • ( ) Sinbridge Pte., Ltd. SBP

    5,000 100%

    ( ) KGB

    5,000 SBP 100%

    ( )

    2,527 GBEP

    100%

    1,592 1,775

    ( )

    GBEP GBEP UTE UTE GIL GIL

    SBP SBP

    ( )

    ( )

    -128-

  • ( )

    ( )

    ( )

    -129-

  • ( )

    ( )

    -130-

  • ( )

    1.

    2.

    3.

    ( )

    -131-

  • ( )

    ( )

    -132-

  • ( )

    ( )

    ( )

    -133-

  • ( )

    ( )

    ( )

    ( )

    ( )

    ( ) ( )

    -134-

  • ( )

    $ 338 $ 350 362,625 157,863

    150,193 277,343 $ 513,156 $ 435,556

    $ 8,027 $ 12,756

    4,700 7,968

    $ 13,778 $ 9,930 8,981 8,437

    $ 22,759 $ 18,367

    $ 105 $ 294

    ( 2 ) ( 6 ) $ 103 $ 288

    $ 307,869 $ 420,345

    ( 10,269 ) ( 15,386 ) $ 297,600 $ 404,959

    -135-

  • $ 6,475 $ 6,486 ( 6,475 ) ( 6,486 )

    $ - $ -

    $ 6 $ 15,386 $ 6,486 $ 3 $ 11,659 $ 12,214

    ( 4 ) ( 4,853 ) ( 11 ) 3 5,726 ( 5,728 ) - - - - ( 2,180 ) -

    - ( 264 ) - - 181 - $ 2 $ 10,269 $ 6,475 $ 6 $ 15,386 $ 6,486

    $ 782 $ 1,163 23,377 32,634 37,635 74,537 70,663 104,688

    $ 132,457 $ 213,022

    78,069 91,378

    1,112,192

    1,420,781

    10,619 19,917

    10,619

    -136-

  • $ 46,484 $ 301,190 $ 783,664 $ 106,567 $ 37,885 $ 1,275,790

    - - 10,166 2,923 2,329 15,418 - - 28,141 1,583 ( 32,999 ) ( 3,275 ) - ( 48 ) ( 2,312 ) ( 709 ) - ( 3,069 ) - ( 8,749 ) ( 27,966 ) ( 3,028 ) ( 998 ) ( 40,741 )

    46,484 292,393 791,693 107,336 6,217 1,244,123 - 154,719 477,093 65,132 - 696,944

    - 16,320 55,049 10,517 - 81,886 - - ( 2,526 ) ( 133 ) - ( 2,659 ) - ( 20 ) ( 2,269 ) ( 581 ) - ( 2,870 ) - ( 4,435 ) ( 15,503 ) ( 1,633 ) - ( 21,571 )

    - 166,584 511,844 73,302 - 751,730 $ 46,484 $ 125,809 $ 279,849 $ 34,034 $ 6,217 $ 492,393

    $ 46,484 $ 292,793 $ 672,587 $ 108,917 $ 44,140 $ 1,164,921

    - 754 64,522 13,485 35,157 113,918 - 2,028 ( 4,791 ) 7,196 ( 6,864 ) ( 2,431 ) - ( 11,489 ) ( 15,600 ) ( 39,733 ) - ( 66,822 ) - 17,104 66,946 16,702 ( 34,548 ) 66,204

    46,484 301,190 783,664 106,567 37,885 1,275,790 - 143,815 404,204 85,197 - 633,216

    - 13,682 63,150 11,349 - 88,181 - 957 ( 3,644 ) 4,926 - 2,239 - ( 11,489 ) ( 13,123 ) ( 39,643 ) - ( 64,255 ) - 7,754 26,506 3,303 - 37,563

    - 154,719 477,093 65,132 - 696,944 $ 46,484 $ 146,471 $ 306,571 $ 41,435 $ 37,885 $ 578,846

    ( )

    $ 6,353 $ 6,037 ( 174 ) ( 172 )

    ( 245 ) 488 $ 5,934 $ 6,353

    -137-

  • ( )

    1,878,886

    $ 62,990 $ 58,453 $ 121,443 $ 62,990 $ 74,806 $ 137,796

    - - - - - - - - - - ( 2,254 ) ( 2,254 )

    - - - - ( 14,162 ) ( 14,162 ) - - - - 63 63

    62,990 58,453 121,443 62,990 58,453 121,443 23,032 - 23,032 23,032 - 23,032

    - - - - - - - - - - - -

    23,032 - 23,032 23,032 - 23,032 - 20,766 20,766 - 34,333 34,333 - 1,482 1,482 - 1,533 1,533

    - - - - ( 964 ) ( 964 ) - - - - ( 14,162 ) ( 14,162 ) - - - - 26 26

    - 22,248 22,248 - 20,766 20,766 $ 86,022 $ 36,205 $ 122,227 $ 86,022 $ 37,687 $ 123,709

    23,032 6,565

    16,467

    $ 4,178 4,000 4,000 4,000 2,000

    -138-

  • 1,212 162

    $ 6,160 $ 19,155 $ 20,290 $ 45,605 $ 6,160 $ 20,629 $ 22,131 $ 48,920

    - - - - - - - - 3,275 3,275 - - ( 2,179 ) ( 2,179 )

    - - ( 495 ) ( 495 ) - ( 1,474 ) ( 354 ) ( 1,828 ) - - ( 300 ) ( 300 ) - - 692 692

    6,160 19,155 22,770 48,085 6,160 19,155 20,290 45,605 - 7,068 14,052 21,120 - 8,063 14,401 22,464 - 480 623 1,103 - 479 830 1,309

    - - 2,659 2,659 - - ( 1,275 ) ( 1,275 ) - - ( 216 ) ( 216 ) - ( 1,474 ) ( 333 ) ( 1,807 ) - - (