Investor Relations

The Company actively launches and participates in various February activities to communicate with investors. Through regular and • Participated in a road show in Singapore organised by one-on-one meetings with fund managers and analysts, site BNP Paribas Peregrine visits, corporate presentation, we keep updating investors • ASHU IR Inc. (Japan) Company visited the Company about our operating status and strategic planning. We also • Martin Currie visited the Company answer questions from media and investors during corporate presentations for annual results and interim results. Moreover, the Company has set up an investor relations April corner on our website which provides details of the • Held press conference in Hong Kong to announce the Company’s management principles, business environment, 2004 annual results development strategies and corporate structure, and are • IRIS Asia visited the Company updated constantly.

These activities are recapitulated as follows: May • Attended PRC Securities Conference 2005 organized by HSBC Securities January: • Attended the Tenth China Investment Forum 2005 • Attended UBS Greater China Conference 2005 organized by CLSA • Attended China Investment Forum 2005 organized by • Led by HSBC Securities, the Company conducted a road show again in Singapore

40 Baoye Group Company Limited Investor Relations

June October • Participated in a road show in London organised by BNP • Fund Managers and analysts from Goldbond and UBS Paribas Peregrine visited the Company • Fund managers of Value Partners visited the Company

November July • Analysts from Value Partners, CITIC Securities, UOB Kay • CLSA and its clients visited the Company Hian, HSBC Securities and Sumitomo visited the • UOB Kay Hian and its clients visited the Company Company

August December • Fund manager of visited the Company • Investment analysts from Goldbond, , etc visited the Company

September The Company’s excellent market performance and return on • Attended the Twelfth China Development Forum equity in 2005 have drawn attention of many international organized by BNP Paribas Peregrine in Nanjing investors. Indeed, it demonstrates the market recognition of our corporate belief, operation model and corporate governance of the Company. The Company will continuously endeavour to strengthen corporate governance, enhance corporate transparency and maximize shareholders’ value.

Annual Report 2005 41