Youzan Technology Limited — Interim / Quarterly Report 2000

Nov 8, 2000

Quarterly Results announcement form

Name of listed company : SYSCAN Technology Holdings Limited Stock code : 8083 Year end date : 31/12/2000

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			Unaudited	Unaudited
		Current Period		Last Corresponding Period
	from		01/01/2000	from		01/01/1999
		to	30/09/2000	to		30/09/1999
			HK$'000					HK$'000
Turnover	:		24,371						4,927
Profit/(Loss) from Operations	:		-15,918					-23,448
Finance cost	:		0						0
Share of Profit/(Loss) of Associates	:		0						0
Share of Profit/(Loss) of
Jointly Controlled Entites	:		0						0
Profit/(Loss) after Taxation & MI	:		-16,071					-23,455
% Change Over the Last Period	:		N/A	%
EPS / (LPS) - Basic	:	(1.97 cents)			(4.66	cents)
- Diluted	:	N/A							N/A
Extraordinary (ETD) Gain/(Loss)	:		0						0
Profit (Loss) after ETD Items	:		-16,071					-23,455
3rd Q Dividend per Share	:	Nil			Nil
(specify if with other options)	:	Nil			Nil
B/C Dates for 3rd Q Dividend	:		N/A	to			N/A		bdi.
Payable Date	:		N/A
B/C Dates for AGM/SGM	:		N/A	to			N/A		bdi.
Other Distribution for Current Period	:	Nil
B/C Dates for Other Distribution	:		N/A	to			N/A		bdi.
* Please delete as appropriate						(bdi: both days			inclusive)
Remarks	:

Remarks

1. Basis of presentation

The Company was incorporated in Bermuda on 17 August
1999 as an exempted company with limited liabilities
under the Companies Act of Bermuda (as amended).
Pursuant to a group reorganisation (the
"Reorganisation") in preparation for the listing of
the Company's shares on the Growth Enterprise Market
of The Stock Exchange of Hong Kong Limited, the
Company became the ultimate holding company of the
Group on 27 March 2000.  Details of the Reorganisation
are set out in the Company's prospectus dated 10 April
2000 (the "Prospectus").  The shares of the Company
were listed on GEM on 14 April 2000.

The consolidated results included the results of the
companies comprising the Group, using the merging
basis of accounting, as if the Group had been in
existence since 1 January 1999 or their respective

Significant transactions and balances among the
companies comprising the Group have been eliminated
on consolidation.

2. Loss per share

The calculation of basic loss per share for
the three months and nine months ended 30 September
2000 respectively were based on the unaudited loss
attributable to shareholders of approximately
HK$6,265,000 (1999: HK$6,922,000) for the three
months ended 30 September 2000 and unaudited loss
attributable to shareholders of approximately
HK$16,071,000 (1999: HK$23,455,000) for the nine
months ended 30 September 2000 and on the weighted
average number of approximately 888,552,000 shares
(1999: 503,080,000 shares) in issue during the three
months ended 30 September 2000 and 816,216,000
shares (1999: 503,080,000 shares)  in issue during
the nine months ended 30 September 2000.

The diluted loss per share is the same as the basic
loss per share as the outstanding share options were
anti-dilutive.

For and on behalf of

SYSCAN Technology Holdings Limited Signature : Name : Cheung Wai Title : Chairman/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.