Nam Tai Property (NTPIF) 20-F 2006 FY Annual report (foreign)

EXHIBIT 4.7

     This protocol will be valid when all the non-tradable shareholders of TCL or shareholders with two

Protocol of TCL’s Split Share Structure Reform (Hereinafter referred as “the protocol” or “this protocol”; TCL’s Split Share Structure Reform is referred as “the Reform” or “the Reform Plan”)

November 2005

This English version of the protocol is for reference only, in case any discrepancy exists between the Chinese and English context, the Chinese version shall prevail. The undersigned shall sign on the Chinese protocol.

This protocol will be valid when all the non-tradable shareholders of TCL or shareholders with two thirds of the holding shares in the non-tradable shares have signed on it:

The Huizhou Investment CO, .LTD

The Committee of TCL’ Labor Union

LI DONGSHENG

Namtai (Shenzhen) Electronics CO.,LTD

PHILIPS ELECTRONICS CHINA B.V

LUCKY CONCEPT LIMITED

REGAL TRINITY LIMITED

TOSHIBA CORPORATION

SUMITOMO CORPORATION

YUAN CHENGXIN

WU KE

ZHENG CHUANLIE

LV ZHONGLI

WU SHIHONG

HU QIUSHENG

GAO XIAOXIAN

ZHANG JIANWU

WEN SHANGLIN

YU YUEMING

YANG LI

ZHAO ZHONGYAO

YANG WEIQIANG

LI JIANSHENG

HUANG PINGCHU

WAN MINGJIAN

SHI WANWEN

LI YIMIN

CHEN DAOLIAO

SHAO BUANGJIE

YU GUANGHUI

HU LIXIAN

RONG QIN

ZHANG SHANSHUI

ZHANG JIE

LUO QIULIN

ZHANG YUNLONG

SHI BIGUANG

HUANG WANQUAN

CAO LI

ZHANG FUMIN

SHEN DAWEI

BO LIANMING

ZENG YANLING

HUANGWEI

CHEN AIJUAN

CHEN BEIHUANG

CHEN AIQIU

TANG LIN

YU ENJUN

YICHUNYU

Since:

1.	TCL CO, .LTD (TCL) is a company listing in the A share market, the total share capital is 2,586,331,144 shares. Among the total shares, 1,591,935,200 non-tradable shares are hold by the non-tradable shareholders, while 994,395,944 tradable shares are hold by public investors.
2.	For the future development of TCL, all non-tradable shareholders who agree to sign on this protocol (the undersigned) shall help to change the split share structure of TCL. They shall propose a motion on the Split Share Structure Reform to the Board of Directors.

All the undersigned shall agree to be bind by all the Chinese (mainland only) laws, rules and administration measures, regulations and procedures set by the Shenzhen Stock Exchange and articles in this very protocol, after careful negotiation, shall reach consensus on the following agreement:

1. The share composition in non-tradable shares

1.1 The following non-tradable shareholders in total hold all the non-tradable shares of TCL, details as follows:

				Shares involve
				ownership dispute,
No.	Name of Shareholders	Shares holding		pledge or being frozen
1	The Huizhou Investment CO, .LTD		652,282,698
2	The Committee of TCL’ Labor Union		235,418,484
3.	LI DONGSHENG		144,521,730
4	Nantai (Shenzhen) Electronics CO.,LTD		95,516,112
5	PHILIPS ELECTRONICS CHINA B.V		63,677,409
6	LUCKY CONCEPT LIMITED		47,758,056
7	REGAL TRINITY LIMITED		47,758,056
8	TOSHIBA CORPORATION		31,838,703
9	SUMITOMO CORPORATION		6,049,353
10	YUANG CHENGXIN		24,791,527

				Shares involve
				ownership dispute,
No.	Name of Shareholders	Shares holding		pledge or being frozen
11	WU KE		19,987,022
12	ZHENG CHUANLIE		23,569,661
13	LV ZHONGLI		23,569,661
14	WU SHIHONG		10,084,689
15	HU QIUSHENG		19,012,888
16	GAO XIAOXIAN		16,485,598
17	ZHANG JIANWU		15,072,199
18	WEN SHANGLIN		15,072,199
19	YU YUEMING		9,830,214
20	YANG LI		9,961,062
21	ZHAO ZHONGYAO		6,434,031
22	YANG WEIQIANG		7,568,719
23	LI JIANSHENG		15,496,968
24	HUANG PINGCHU		7,850,706
25	WAN MINGJIAN		3,313,814
26	SHI WANWEN		2,456,045
27	LI YIMIN		1,088,288
28	CHEN DAOLIAO		2,275,897
29	SHAO BUANGJIE		2,224,069
30	YU GUANGHUI		2,076,808
31	HU LIXIAN		1,993,111
32	RONG QIN		1,541,733
33	ZHANG SHANSHUI		1,846,337
34	ZHANG JIE		1,826,778
35	LUO QIULIN		1,755,117
36	ZHANG YUNLONG		1,749,508
37	SHI BIGUANG		1,690,679

				Shares involve
				ownership dispute,
No.	Name of Shareholders	Shares holding		pledge or being frozen
38	HUANG WANQUAN		1,650,655
39	CAO LI		1,611,527
40	ZHANG FUMIN		1,568,880
41	SHEN DAWEI		1,545,926
42	BO LIANMING		1,022,935
43	ZENG YANLING		1,273,965
44	HUANGWEI		1,262,660
45	CHEN AIJUAN		1,241,731
46	CHEN BEIHUANG		1,185,961
47	CHEN AIQIU		1,168,607
48	TANG LIN		1,168,607
49	YU ENJUN		700,989
50	YICHUNYU		1,086,828

2. The Split Share Structure Reform Plan

2.1 TCL will undertake stock consideration/10 shares: 2.5 shares to tradable shareholders. TCL’s non-tradable shareholders will in total give out 248,598,986 shares to TCL’S tradable shareholders to gain the listing status of their initially non-tradable shares. All the shares that should be given out to tradable shareholders are from TCL’s non-tradable shareholders’ holding shares. TCL’s non-tradable shareholders shall give out shares according to their share weight in the total non-tradable share capital.

2.2 All the non-tradable shareholders who sign in this protocol shall undertake that, the sell and transfer of theirs shares will be bind by all the Chinese (mainland only) laws, rules and administrative measures, regulations and procedures set by the Shenzhen Stock Exchange and the articles in this very protocol.

2.3 Based on the above two articles, the non-tradable shareholders who agree to sign in this protocol shall together formulate the detailed Split Share Structure Reform Plan (the Reform Plan), propose to the Board of Directors as the motion on the split share structure reform.

2.4 All the non-tradable shareholders who sign in this protocol shall agree that, in receipt of the written proxy from non-tradable shareholders, the Board of Directors shall assist the non-tradable shareholders in adequately communicating and negotiating with the tradable shareholders and reach a final consensus on the reform plan, in line with all the Chinese (mainland only) laws, rules and administrative measures, regulations set by the Shenzhen Stock Exchange and the articles in this very protocol.

2.5 After widely solicit opinions from tradable shareholders, in case the reform plan has to be revised, the Board of Directors shall again obtain approval from all the non-tradable shareholders who agree to sign in this protocol.

2.6 The Reform Plan shall gain approval from the competent department of the State-owned Assets Supervision and Administration of Commission of the State Council (SASAC).

3. Implementation of the Split Share Structure Reform Plan

3.1 Besides approve the consideration plan, all the non-tradable shareholders who agree to sign in this protocol shall entrust the TCL and its Board of Directors with management of the Reform and relevant issues.

3.2 All the non-tradable shareholders who agree to sign on this protocol shall together propose a motion on the Reform Plan to TCL and its Board of Directors and entrust TCL and its Board of Directors with management of the Reform in line with all the Chinese (mainland only) laws, rules and administrative measures, regulations and procedures set by the Shenzhen Stock Exchange and the articles in this very protocol.

3.3 All the non-tradable shareholders who agree to sign on the protocol shall participate in the Reform as TCL’s non-tradable shareholders based on the Reform Plan (including the approved revised reform plan) and conduct in line with all the Chinese (mainland only) laws, rules and administrative measures, regulations and procedures set by the Shenzhen Stock Exchange and the articles in this very protocol.

3.4 All the non-tradable shareholders who agree to sign on the protocol shall undertake voting through the reform plan (including the approved revised reform plan) in the Extraordinary General Meeting in connection with the Reform (the EGM).

4. The validity of this Protocol

4.1 This protocol will be valid after all the non-tradable shareholders or non-tradable shareholders holding at least two thirds of the non-tradable shares signed on this protocol.

4.2 After the protocol become valid, all the non-tradable shareholders who have signed on the protocol shall be bind by the protocol.

4.3 After the protocol become valid, in case one or more non-tradable shareholders who did not sign the protocol cause obstacles in implementing the Reform Plan, the undersigned shall seek resolutions under the principle of fairness and justness. Within 3 months after the protocol comes into valid, if the undersigned do not resolve the obstacle, this protocol will be void automatically; if the undersigned and the other party has already found resolution to the obstacles (the resolution shall not offend the interest of the undersigned’s), this protocol shall still be valid and shall be undertook.

5.1 All the non-tradable shareholders shall not disclose any documents involving the reform issues, unless required doing so by the relevant government departments such as SASAC and CSRC.

5.2 All the undersigned shall in addition sign a Confidential Agreements on the Split Share Structure Reform.

6. Other issues

6.1 All the non-tradable shareholders who agree to sign on this protocol shall compromise settlements on other issues regarding the Reform Plan which are not mentioned in this protocol. The complementation agreement, contract and this protocol are legally of equal effect.

6.2 Conclusion, force, construction, implementation and dispute on this protocol shall be carried within Chinese (mainland only) jurisdiction.

6.3 All the dispute on this protocol or caused by this protocol shall be resolved under the jurisdiction of competent Shenzhen People’s Court (since TCL is listing on Shenzhen Stock Exchange)

6.4 There are ten originals of the protocol only. TCL will keep two originals of the protocol; the remaining originals will be sent to relevant competent government departments. There are fifty transcripts of the protocol only. Each non-tradable shareholder will keep a transcript of the protocol. The transcript of the protocol is referred as the copy of the original protocol with the official stamp of TCL’s Board of Directors. The transcript of the protocol and the original of the protocol are legally of equal effect.

(This page has no formal context. This is the sign page for <Protocol of TCL’s Split Share Structure Reform>)

[Note: Namtai (Shenzhen) Electronics CO.,LTD approved and signed December 2005]

Attachment 1

Intentional Program of Share-trading Reform in TCL Corporation

1. Forms and amounts of consideration arrangement

The considerations take the form of shareholders of non-tradable shares transferring stock shares to those of tradable shares.

For every 10 tradable shares, the shareholders of tradable shares enrolled on the date of record when the program is implemented will acquire 2.5 shares. The consideration arrangement executed by the shareholders of non-tradable shares to those of tradable shares total 248,598,986 shares. On the first trading date after the implementation of stock-trading reform program, those non-tradable shares held by shareholders of the company’s non-tradable shares will acquire the rights for trading on the market.

2. Execution method of consideration arrangement

In case that the stock-trading reform program is passed through the review by the relevant shareholders’ meeting, based on the consideration arrangement, the shares acquired by the tradable shareholders will be automatically added in proportion into the account by the registration company in accordance with number of shares held by the shareholders of tradable shares enrolled on the date of record when the program is implemented. The odd lots, which are insufficient to become one share after each shareholder of tradable shares calculate as per the proportion of acquired shares, shall be handled in accordance with the handling measures on odd lots as stipulated inOperational Guideline on Apportionment of Rights and Interests of Listed Companies and stock allotment registration business Shenzhen Branch of China Securities Depository and Clearing Corporation Limited (SD&C).

3. Plan for Added Consideration Arrangement

Our company currently has no plan for added consideration arrangement.

1. Execution Status Table of Consideration Arrangement

								Amount of
								shares
			Before Implementation of					executing		After Implementation of
			Consideration Arrangement					consideration		Consideration Arrangement
		Name of Shareholder			Percentage in			arrangement				Percentage in
		Implementing Consideration	Shares held		total capital			this time		Shares held		total capital
No.		Arrangement	(shares)		stock (%)			(shares)		(shares)		stock (%)
	1	Huizhou City Investment Holdings Limited		652,282,698		25.22	%		101,861,443		550,421,255		21.28	%
	2	Labor Union Working Committee under TCL Corporation		235,418,484		9.10	%		36,763,303		198,655,181		7.68	%
	3	Nam Tai Electronics (Shenzhen) Limited		95,516,112		3.69	%		14,915,939		80,600,173		3.12	%
	4	PHILIPS ELECTRONICS CHINA B.V.		63,677,409		2.46	%		9,943,960		53,733,449		2.08	%
	5	LUCKY CONCEPT LIMITED		47,758,056		1.85	%		7,457,970		40,300,086		1.56	%
	6	REGAL TRINITY LIMITED		47,758,056		1.85	%		7,457,970		40,300,086		1.56	%

								Amount of
								shares
			Before Implementation of					executing		After Implementation of
			Consideration Arrangement					consideration		Consideration Arrangement
		Name of Shareholder			Percentage in			arrangement				Percentage in
		Implementing Consideration	Shares held		total capital			this time		Shares held		total capital
No.		Arrangement	(shares)		stock (%)			(shares)		(shares)		stock (%)
	7	Toshiba Corporation		31,838,703		1.23	%		4,971,980		26,866,723		1.04	%
	8	Sumitomo Corporation		6,049,353		0.23	%		944,676		5,104,677		0.20	%
	9	Li Dongsheng		144,521,730		5.59	%		22,568,730		121,953,000		4.72	%
	10	Yuan Xincheng		24,791,527		0.96	%		3,871,482		20,920,045		0.81	%
	11	Zheng Chuanlie		23,569,661		0.91	%		3,680,674		19,888,987		0.77	%
	12	Lu Zhongli		23,569,661		0.91	%		3,680,674		19,888,987		0.77	%
	13	Wu Ke		19,987,022		0.77	%		3,121,203		16,865,819		0.65	%
	14	Hu Qiusheng		19,012,888		0.74	%		2,969,081		16,043,807		0.62	%
	15	Gao Xiaoxian		16,485,598		0.64	%		2,574,416		13,911,182		0.54	%
	16	Li Jiansheng		15,496,968		0.60	%		2,420,030		13,076,938		0.51	%
	17	Wen Shanglin		15,072,199		0.58	%		2,353,697		12,718,502		0.49	%
	18	Zhang Jianwu		15,072,199		0.58	%		2,353,697		12,718,502		0.49	%
	19	Wu Shihong		10,084,689		0.39	%		1,574,840		8,509,849		0.33	%
	20	Yang Li		9,961,062		0.39	%		1,555,534		8,405,528		0.32	%
	21	Yu Yaoming		9,830,214		0.38	%		1,535,101		8,295,113		0.32	%
	22	Huang Pingchu		7,850,706		0.30	%		1,225,978		6,624,728		0.26	%
	23	Yang Weiqiang		7,568,719		0.29	%		1,181,942		6,386,777		0.25	%
	24	Zhao Zhongyao		6,434,031		0.25	%		1,004,748		5,429,283		0.21	%
	25	Wen Mingjian		3,313,814		0.13	%		517,490		2,796,324		0.11	%
	26	Shi Wanwen		2,456,045		0.09	%		383,540		2,072,505		0.08	%
	27	Chen Daoliang		2,275,897		0.09	%		355,407		1,920,490		0.07	%
	28	Shao Guangjie		2,224,069		0.09	%		347,314		1,876,755		0.07	%
	29	Yu Guanghui		2,076,808		0.08	%		324,317		1,752,491		0.07	%
	30	Hu Lixian		1,993,111		0.08	%		311,247		1,681,864		0.07	%
	31	Zhang Shanshui		1,846,337		0.07	%		288,327		1,558,010		0.06	%
	32	Zhang Jie		1,826,778		0.07	%		285,272		1,541,506		0.06	%
	33	Luo Qiulin		1,755,117		0.07	%		274,082		1,481,035		0.06	%
	34	Zhang Yunlong		1,749,508		0.07	%		273,206		1,476,302		0.06	%
	35	Shi Biguang		1,690,679		0.07	%		264,019		1,426,660		0.06	%

								Amount of
								shares
			Before Implementation of					executing		After Implementation of
			Consideration Arrangement					consideration		Consideration Arrangement
		Name of Shareholder			Percentage in			arrangement				Percentage in
		Implementing Consideration	Shares held		total capital			this time		Shares held		total capital
No.		Arrangement	(shares)		stock (%)			(shares)		(shares)		stock (%)
	36	Huang Wanquan		1,650,655		0.06	%		257,769		1,392,886		0.05	%
	37	Cao Li		1,611,527		0.06	%		251,658		1,359,869		0.05	%
	38	Zhang Fumin		1,568,880		0.06	%		244,999		1,323,881		0.05	%
	39	Shen Dawei		1,545,926		0.06	%		241,414		1,304,512		0.05	%
	40	Rong Qin		1,541,733		0.06	%		240,759		1,300,974		0.05	%
	41	Zeng Yanling		1,273,965		0.05	%		198,944		1,075,021		0.04	%
	42	Huang Wei		1,262,660		0.05	%		197,179		1,065,481		0.04	%
	43	Chen Aijuan		1,241,731		0.05	%		193,911		1,047,820		0.04	%
	44	Chen Beihuang		1,185,961		0.05	%		185,201		1,000,760		0.04	%
	45	Chan Aiqiu		1,168,607		0.05	%		182,491		986,116		0.04	%
	46	Tang Lin		1,168,607		0.05	%		182,491		986,116		0.04	%
	47	Li Yimin		1,088,288		0.04	%		169,949		918,339		0.04	%
	48	Yi Chunyu		1,086,828		0.04	%		169,721		917,107		0.04	%
	49	Bo Lianming		1,022,935		0.04	%		159,743		863,192		0.03	%
	50	Yu Engjun		700,989		0.03	%		109,467		591,522		0.02	%
		Total		1,591,935,200		61.55	%		248,598,986		1,343,336,214		51.94	%

     5. Schedule for shares with sale-limited conditions listable for trading

     On the first trading date (G Date) after the implementation of stock-trading reform program, our company agrees that those non-tradable shares held by shareholders of the company’s non-tradable shares executing consideration arrangement will acquire the rights for trading on the market.

					Percentage
					in total			Time to get		Committed
			Shares held		capital			listed for		sale-limited
No.		Name of Shareholder	(shares)		stock (%)			trading		conditions
				129,316,557		5.00	%		G+12
	1	Huizhou City Investment Holdings		129,316,557		5.00	%		G+24
		Limited		162,471,583		11.28	%		G+36
	2	Labor Union Working Committee		129,316,557		5.00	%		G+12
		under TCL Corporation		69,338,624		2.68	%		G+24
	3	Nam Tai Electronics (Shenzhen) Limited		80,600,173		3.12	%		G+12

				Percentage
				in total			Time to get		Committed
		Shares held		capital			listed for		sale-limited
No.	Name of Shareholder	(shares)		stock (%)			trading		conditions
4	PHILIPS ELECTRONICS CHINA B.V.		53,733,449		2.08	%		G+12
5	LUCKY CONCEPT LIMITED		40,300,086		1.56	%		G+12
6	REGAL TRINITY LIMITED		40,300,086		1.56	%		G+12
7	Toshiba Corporation		26,866,723		1.04	%		G+12
8	Sumitomo Corporation		5,104,677		0.20	%		G+12
9	Li Dongsheng		121,953,000		4.72	%		G+12
10	Yuan Xincheng		20,920,045		0.81	%		G+12
11	Zheng Chuanlie		19,888,987		0.77	%		G+12
12	Lu Zhongli		19,888,987		0.77	%		G+12
13	Wu Ke		16,865,819		0.65	%		G+12
14	Hu Qiusheng		16,043,807		0.62	%		G+12
15	Gao Xiaoxian		13,911,182		0.54	%		G+12
16	Li Jiansheng		13,076,938		0.51	%		G+12
17	Wen Shanglin		12,718,502		0.49	%		G+12
18	Zhang Jianwu		12,718,502		0.49	%		G+12
19	Wu Shihong		8,509,849		0.33	%		G+12
20	Yang Li		8,405,528		0.32	%		G+12
21	Yu Yaoming		8,295,113		0.32	%		G+12
22	Huang Pingchu		6,624,728		0.26	%		G+12
23	Yang Weiqiang		6,386,777		0.25	%		G+12
24	Zhao Zhongyao		5,429,283		0.21	%		G+12
25	Wen Mingjian		2,796,324		0.11	%		G+12
26	Shi Wanwen		2,072,505		0.08	%		G+12
27	Chen Daoliang		1,920,490		0.07	%		G+12
28	Shao Guangjie		1,876,755		0.07	%		G+12
29	Yu Guanghui		1,752,491		0.07	%		G+12
30	Hu Lixian		1,681,864		0.07	%		G+12
31	Zhang Shanshui		1,558,010		0.06	%		G+12
32	Zhang Jie		1,541,506		0.06	%		G+12
33	Luo Qiulin		1,481,035		0.06	%		G+12

				Percentage
				in total			Time to get		Committed
		Shares held		capital			listed for		sale-limited
No.	Name of Shareholder	(shares)		stock (%)			trading		conditions
34	Zhang Yunlong		1,476,302		0.06	%		G+12
35	Shi Biguang		1,426,660		0.06	%		G+12
36	Huang Wanquan		1,392,886		0.05	%		G+12
37	Cao Li		1,359,869		0.05	%		G+12
38	Zhang Fumin		1,323,881		0.05	%		G+12
39	Shen Dawei		1,304,512		0.05	%		G+12
40	Rong Qin		1,300,974		0.05	%		G+12
41	Zeng Yanling		1,075,021		0.04	%		G+12
42	Huang Wei		1,065,481		0.04	%		G+12
43	Chen Aijuan		1,047,820		0.04	%		G+12
44	Chen Beihuang		1,000,760		0.04	%		G+12
45	Chan Aiqiu		986,116		0.04	%		G+12
46	Tang Lin		986,116		0.04	%		G+12
47	Li Yimin		918,339		0.04	%		G+12
48	Yi Chunyu		917,107		0.04	%		G+12
49	Bo Lianming		863,192		0.03	%		G+12
50	Yu Engjun		591,522		0.02	%		G+12

     Note 1: In accordance withMeasures for the Administration of the Share-trading Reform of Listed Companies, Huizhou City Investment Holdings Limited will not go onto the market for trading or transfer within 12 months since the acquisition of trading rights; upon the expiration of abovementioned sale-prohibiting term, it can sell originally non-tradable shares through the listing trades on the stock exchange, provided that the amount of shares occupies the total shares of TCL Corporation doesn’t exceed 5% in 12 months and 10% in 24 months. At the same time, non-tradable shares held by () shareholders of non-tradable shares failing to clearly express approval on the share reform have been prepaid so as to obtain () shares of consideration arrangement required to be implemented for listing and trading rights. Therefore, if shares held by the abovementioned shareholders of non-tradable shares get listed for trading, the advance money prepaid by Huizhou City Investment Holdings Limited should be refunded or the approval from Huizhou City Investment Holdings Limited should be got.

     Note 2: In accordance withMeasures for the Administration of the Share-trading Reform of Listed Companies, Labor Union Working Committee under TCL Corporation promised that it will not go onto the market for trading or transfer within 12 months since the acquisition of trading rights; upon the expiration of abovementioned sale-prohibiting term, it can sell originally non-tradable shares through the listing trades on the stock exchange, provided that the amount of shares occupies the total

shares of TCL Corporation doesn’t exceed 5% in 12 months and 10% in 24 months.

     Note 3: In accordance withMeasures for the Administration of the Share-trading Reform of Listed Companies, () shareholders of non-tradable shares implementing consideration arrangement will not go onto the market for trading or transfer within 12 months since the acquisition of trading rights.

     Note 4: The shareholders failing to clearly express the consent to participate in this stock reform currently cannot determine the salable or transferable time, which will be determined by Huizhou City Investment Holdings Limited through consultations with all above-mentioned shareholders.

     Note 5: If the above-mentioned natural person shareholder is the corporate director, supervisor or senior manager, the corporate shared held by him shall be locked as per stipulations set forth in Article 3.17 of the currently effective Rules on Stock Listing in Shenzhen Stock Exchange, until the term of share sales determined by the table above expires or after 6 months when he has left the post.

     6. Stock composition after Share-trading reform.

Before the Reform						After the Reform
			Percentage						Percentage
	Amount of		in total				Amount of		in total
	shares		capital				shares		capital
	(shares)		stock				(shares)		stock
I. Subtotal for unlisted shares		1,591,935,200		61.55	%	1. Total of tradable shares with limitation on sales		1,343,336,214		51.94	%
State-owned Shares		652,282,698		25.22	%	Country Shares		550,421,255		21.28	%
Miscellaneous		235,418,484		9.10	%			198,655,181		7.68	%
Domestic legal person shares		95,516,112		3.69	%			80,600,173		3.12	%
Foreign legal person shares		197,081,577		7.62	%	Foreign legal person shares		194,460,093		7.52	%
Natural person shares		411,636,329		15.92	%	Natural person shares		410,958,476		15.89	%
II. Subtotal for tradable shares		994,395,944		38.45	%	2. Total of tradable shares without limitation on sales		1,242,994,930		48.06	%
A shares		994,395,944		38.45	%	A shares		1,242,994,930		48.06	%
B shares						B shares
H shares and other						H shares and other
III. Total shares		2,586,331,144		100.00	%	3. Total shares		2,586,331,144		100.00	%
Remarks: