2001 Annual Report Guangzhou Shipyard International Company Limited Cover Contents Important Notice Overview of the Company Summary of Accounting and Business Data Changes of Share Capital and Shareholder's information Information of Directors, Supervisors, Senior Management and Staff Corporate Governance Brief of 2000 Annual General Meeting Report of the Board of Directors Report of the Supervisory Committee Significant Events Report of the PRC Auditors PRC - Balance Sheet PRC - Profit Statement & Profit Distribution Statement PRC - Cash Flow Statement PRC - Notes to the Financial Statements Report of the International Auditors International - Consolidated Profit and Loss Account International - Balance Sheets International - Consolidated Cash Flow Statement International - Notes to the Financial Statements Documents Available for inspection Notice of 2001 Annual General Meeting