《江西景德会计报表附注》.docxVIP

CEEG (Jiangxi) Jingde Semiconductor New Materials Co., Ltd. Audit Report S. Z. K. S. (2011) No. 042 Jiangsu Zhengxin Certified Public Accountants Co., Ltd. Address: C-195 West Jiangzhou Road, Yangzhong Tel: CEEG (Jiangxi) Jingde Semiconductor New Materials Co., Ltd. Notes to Accounting Statements (2010) Company Profile CEEG (Jiangxi) Jingde Semiconductor New Materials Co., Ltd. is a limited company approved by Jingdezhen Administration for Industry and Commerce on April 2, 2008. The business license number is 360200110000999. The Companys registered capital is RMB 500,000,000 and shareholders make their contributions by installment. Contribution of the first installment is RMB 60,000,000. On September 18, 2008, the Company increased paid-in capital of RMB 240,000,000; on October 14, 2008, the Company increased paid-in capital of RMB 100,000,000; on August 27, 2009, the Company increased paid-in capital of RMB 100,000,000. The accumulated paid-in capital is RMB 500,000,000. Legal representative of the Company is Lu Tingxiu. Domicile: No. 6, Wutong Avenue, Hi-tech Industrial Zone, Jingdezhen, Jiangxi Scope of business: Research and development, production and sales of photovoltaic semiconductor materials; supply of relevant technical service Notes to Inconformity of Basic Accounting Assumptions The Company does not have the matters which do not conform to the accounting premises. Main Accounting Policies and Accounting Estimates Statement About Complying with Accounting Standards for Business Enterprises The Company prepared all financial statements in accordance with the requirements of Enterprise Accounting Standards, reflecting the financial status, operating results, cash flow and relevant information truly and completely. Basis of Preparation of Financial Statements Based on the sustainable management, the Company adopts accrual system as the principle, and makes the confirmation and calculation in accordance with the actual exchanges and items, and E