Youzan Technology Limited — Earnings Release 2004

May 13, 2004

GEM

SYSCAN TECH<08083> - Results Announcement (Q1, 2004, Summary)

SYSCAN Technology Holdings Limited announced on 13/05/2004:
(stock code: 08083 )

Year end date :31/12/2004
Currency :HKD
Auditors' report :N/A
1st Quarterly Report Reviewed by Audit Committee

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

                                       (Unaudited)       (Unaudited)
                                          Current Last Corresponding
                                           Period            Period
                                   from 01/01/2004   from 01/01/2003
                                     to 31/03/2004     to 31/03/2003
                                             $'000             $'000

Turnover : 105,775 31,654
Profit/(Loss) from Operations : (9,587) (3,895)
Finance cost : (2,192) (1,938)
Share of Profit/(Loss) of Associates : 0 0
Share of Profit/(Loss) of Jointly
Controlled Entites : 0 0
Profit/(Loss) after Taxation & MI : (11,328) (5,176)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.111) (HKD 0.051)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (11,328) (5,176)
1st Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 1st Quarter Dividends : N/A
Payable Date : N/A
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : NIL
B/C Dates for Other Distribution : N/A
(bdi: both days inclusive)

For and on behalf of
SYSCAN Technology Holdings Limited

Signature :
Name : Caroline Chow Suk Han
Title : Company Secretary

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:

The calculation of the basic loss per share for the three-month
period ended 31 March 2004 was based on the unaudited loss
attributable to shareholders of approximately HK$11,328,000
(2003: HK$5,176,000) and on the weighted average number of
approximately 102,364,328 shares (2003: 102,355,400 shares) in
issue during the three-month period ended 31 March 2004.

The weighted average number of ordinary shares for the three-
month period ended 31 March 2003 for the purpose of basic loss
per share has been adjusted for share consolidation which took
effect on 7 October 2003.

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