Youzan Technology Limited — Earnings Release 2001

Mar 22, 2002

Yearly Results announcement form

Name of listed company : SYSCAN Technology Holdings Limited

Stock code : 8083

Year end date : 31/12/2001

Important Note :

This result announcement form only contains extracted information
from and should be read in conjunction with the detailed results
announcement of the issuer, which can be viewed on the GEM website
at http://www.hkgem.com

Currency: HK$'000
(Audited) (Audited)
Final Results Announcement Current Last Corresponding
Period Period
from 01/01/2001 from 01/01/2000
to 31/12/2001 to 31/12/2000
HK$'000 HK$'000

Turnover : 34,170 32,200
Profit/(Loss) from Operations : -59,619 -47,336
Finance cost : -2,248 0
Share of Profit/(Loss) of Associates : 0 0
Share of Profit/(Loss) of
Jointly Controlled Entites : 0 0
Profit/(Loss) after Taxation & MI : -60,316 -39,928
% Change Over the Last Period : N/A %
EPS / (LPS) - Basic : HK(6.1) cents HK(4.8) cents
- Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : 0 0
Profit (Loss) after ETD Items : -60,316 -39,928
Final Dividend per Share : Nil Nil
(specify if with other options) : N/A N/A
B/C Dates for Final Dividend : N/A to N/A bdi.
Payable Date : N/A
B/C Dates for AGM/SGM : 22/4/2002 to 26/4/2002 bdi.
Other Distribution for Current Period: Nil
B/C Dates for Other Distribution : N/A to N/A bdi.
(bdi: both days inclusive)

                                   For and on behalf of
                             SYSCAN Technology Holdings Limited
                       Signature :
                            Name :    Zhang Hongru
                           Title : Executive Director

Responsibility statement

The directors of the Company (the "Directors") as at the date hereof
hereby collectively and individually accept full responsibility for
the accuracy of the information contained in this results announcement
form (the "Information") and confirm, having made all reasonable inquiries,
that to the best of their knowledge and belief the Information are accurate
and complete in all material respects and not misleading and that there are
no other matters the omission of which would make the Information herein
inaccurate or misleading.The Directors acknowledge that the Stock Exchange
has no responsibility whatsoever with regard to the Information and
undertake to indemnify the Exchange against all liability incurred and
all losses suffered by the Exchange in connection with or relating to
the Information.

Remarks

1. Basis of presentation

The results have been prepared in accordance with
Statements of Standard Accounting Practice issued
by the Hong Kong Society of Accountants, accounting
principles generally accepted in Hong Kong, and the
disclosure requirements of the Hong Kong Companies
Ordinance and the Rules Governing the Listing of
Securities on The Growth Enterprise Market of The
Stock Exchange of Hong Kong Limited.

The consolidated financial statements include the
accounts of the Company and its subsidiaries. The
results of subsidiaries acquired or disposed of
during the year are consolidated from or to their
effective dates of acquisition or disposal.
Significant intra-group transactions and balances
have been eliminated on consolidation.

1. Loss per share

The calculation of basic loss per share for the year
ended 31st December, 2001 is based on the loss
attributable to shareholders of approximately
HK$60,316,000 (2000 - $39,928,000) and the weighted
average number of approximately 984,349,000
(2000 - 835,721,000) ordinary shares in issue
during the year.

No diluted loss per share is presented as the
outstanding employee share options were anti-
dilutive.