- PDF Free Download

... 1. 4....9....11.....25..36...36..38......39.40.41..41.48.....50.....51.....56..... 63......63......63......64......65......67......69

....70.... 103...140.... 141... 142... 143 143...143....144...146.....147 ()()...153....153.153.153

() 1,493,477 313,010 3.62 () () 1. 100 99 ()() 1,493,477 2,115,079 (29.39) 1,456,443 2,049,898 (28.95) 952,109 1,005,907 (5.35) 504,334 1,043,991 (51.69) 313,010 896,098 (65.07) 2. 100 99 % 11.83 30.46 % 13.57 35.27 % 57.68 118.71 % 41.52 114.40 % 20.96 42.37 3.62 10.41 1

() 604,933 64% () 1. (..) 2. () 1. 2. 3. 4. () () 1. 2. 2

3. () 1. GRAVITYNC SOFTWEBZEN BLIZZARD 2. 3

() () 2000 03 2000 04 2000 08 2000 08 2000 11 2001 02 2001 06 2001 06 2001 09 2001 10 2001 11 2002 01 2002 01 2002 03 2002 04 2002 05 2002 05 2002 06 2002 06 2002 09 890328 10,000Online Game 70,00080,000 70,000150,000 2001GAME STAR 2002GAME STAR () 10,5001,167 26,667 Online 2002 10 2002 12 34,000,000300,667,000 2003 01 2003 01 2002 etop 10 4

2003 01 2002 PC HOME 2003 02 Online 2003 02 2003GAME STAR 2003 04 2003 05 2003 06 2003 06 27,0605,034 62,161 2003 07 2003TOP 50002381 2003 08 Online 2003 11 2003 11 2003 12 2003 12 2003 12 20035001 2004 01 2004 02 2004GAME STAR Online 2004 02 Online 2004 03 2004 03 Online 2004 04 2004 05 2004 07 2004 07 2004 07 11,1892,416 75,766 2004 08 2004 10 2004 11 2004 11 2004 12 2.0Online 2005 01 () 2005 01 () 2005 02 2005 04 2.0 2005 05 2005 05 2005 05 5

2005 07 2005 08 2.0 2005 09 37476,140 2005 10 2005 10 2005 11 2005 12 Online 2005 12 2.0 2006 01 2006 03 2006 03 Online 2006 03 2006 03 2006 04 2006 04 Online 2006 05-2006 05 2006 07 Online 2006 08 3D Online 2006 10 2006 10 2006 11 Online 2006 11 2006 12 2007 01 Online 2007 02 2006GAME STAR Online 2007 03 2007 04 2007 05 2007 05 2007 06 2007 09 2007 09 2007 11 2007 11 2007 11 2007 11 2007 12 Online 5,64381,434 Online Online 6

2008 01 2008 03 2008 04 2008 05 2008 05 2008 06 2008 06 2008 07 2008 10 2008 10 2008 10 2008 10 2008 12 2008 12 2009 01 2009 01 2009 03 2009 04 2009 04 2009 06 2009 08 2010 01 Online Online 4,02286,162 2Online () () Online 2 Online Online Online 23 2010 01 Online 2010 04 Online 2010 05 2010 06 Online 2010 07 Online 2010 07 2010 08 Online 2010 08 2010 09 Z 2010 10 2010 11 2010 11 Online 2010 12 2011 01 QOnline 2011 04 7

2011 04 Online 2011 05 2011 06 Online 2011 08 2Online 2011 09 2011 09 2011 09 EP6 2011 11 2011 11 Q 2011 12 2 2011 12 1,00087,439 2011 12 Web 2011 12 Web 2012 02 Online+ 2012 02 Online+ 2012 03 3 Online 2012 04 8

10 () 1. 2. 1. 2. 1. 2. 1. 2.(MIS) 3. 4. 1. 2. 1. 2. 3. 1. 2. 3. 1. 2. 1. 2 1. 2.

() () () 98.06.16 3 89.08.22 43,880,205 50.92% 43,880,205 50.18% 0 0 0 0 () () : 98.06.16 3 89.08.22 1,080,109 1.25% 1,080,109 1.24% 0 0 0 0 11 101417 () ()( ()( ) () ELYN CORPORATION ( ) ELYN CORPORATION ()(EFUN INTERNATIONAL CO.LTD ) SOFT-WORLD TECHNOLOGY PTE. LTD. () Fast Distributed Cloud Computing (Samoa) Co., Ltd. (Fast Distributed Cloud Computing (Samoa) Co., Ltd. ()( ) () :

() 98.06.16 3 89.08.22 1,335,478 1.55% 1,414,478 1.62% 120,710 0.14 0 0 98.06.16 3 89.08.22 1,335,478 1.55% 1,409,478 1.61% 0 0 0 0 () () () () : 98.06.16 3 98.06.16 43,880,205 50.92% 43,880,205 50.18% 0 0 0 0 Boston college () 98.06.16 3 98.06.16 24,382 0.03% 24,382 0.03% 0 0 0 0 98.06.16 3 92.07.31 0 0 0 0 0 0 0 0 98.06.16 3 92.02.26 99,406 0.12% 99,406 0.11% 124,971 0.14 0 0 12 () () () () () () () () () :

() () 98.06.16 3 98.06.16 798,438 0.93% 794,438 0.91% 0 0 0 0 () : 98.06.16 3 98.06.16 21,523 0.02% 21,523 0.02% 95,558 0.11% 0 0 0 0 0 0 0 0 98.06.16 3 92.02.26 0 0 0 0 0 0 0 0 0 0 0 0 98.06.16 3 92.02.26 40,237 0.05% 28,237 0.03% 13

() 101 4 17 (16.93%) (2.79%) (2.42%) (1.54%) (1.31%) (1.28%) (1.28%) (1.10%) (1.00%) (0.98%) () (50%) (40%) (10%) (0%) () 101 4 17 (100%) (35.13%) (22.68)% (0.46%) 14

() () 1 1 2 3 4 5 6 7 8 9 10 V V V - V V V V V V - V V V V V V V V V - () V V V V V V V - V V V V V V V V V V V 2 V V V V V V V V V V V - () V V V V V V V V V V - V V V V V V V V V V V - V V V V V V V V V V V - 1 1 2( ) 3 4 5 6 7 8 9 30 10 27 15

() () 96.05.09 1,414,478 1.62% 120,710 0.14% 0 0 101.03.28 1,409,478 1.61% 0 0 0 0 101.03.28 67,232 0.08% 0 0 0 0 97.05.12 115,428 0.13% 0 0 0 97.08.07 2,340 0.00% 0 0 0 0 (101 4 17 ) 16 () () () () 101 4 17 () ()

() 1. 100 12 31 : (A)( 2) (B) ( 8) ( 8) (C)( 3) ( 8) (D)( 4) ( 8) AB C D ( 11) ( 8) (E)( 5) ( 8) ABCD EF G (F) (G) ( 6) () ( 8) () ( 8) (H)( 7) ( 8) ( 11) ( 8) ( 12) () 0 0 0 0 2,856 2,856 45 45 0.93% 0.93% 9,965 9,965 216 216 6,790 0 6,790 0 0 0 6.35% 6.35% () 100 0 216,000 17

(A+B+C+D) (A+B+C+D+E+F+G) ( 9) ( 10) I ( 9) ( 10) J 2,000,000 () :/ // () :/ / () :/ // () :/ / () :/ () :/ / () :/ () :/ / 2,000,000 5,000,000 5,000,000 10,000,000 / / 10,000,000 15,000,000 15,000,000 30,000,000 30,000,000 50,000,000 50,000,000 100,000,000 100,000,000 6 6 6 6 1() 2() 3 4() 18

5 6 7() 8() 9 10() 11 12a. b. I J c. 19

2. () (A) ( 2) ( 5) (B) ( 3) ( 5) (C) ( 4) ( 5) 100 12 31 : AB C ( 8) ( 5) ( 9) 0 0 900 900 65 65 0.31% 0.31% (A+B+C) 2,000,000 2,000,000 5,000,000 5,000,000 10,000,000 10,000,000 15,000,000 ( 6) ( 7)D () // () // 20

15,000,000 30,000,000 30,000,000 50,000,000 50,000,000 100,000,000 100,000,000 3 3 1() 2() 3 4() 5() 6 7() 8 9a. b. D c. 21

3. 100 12 31 : (A) (B) 2 (C) 3 (D) 4 AB C D 9 5 6 () 6 () 6 5 6 6 ( 10) 0 6,790 9,965 9,965 216 216 0 0 6,790 0 5.42% 5.42% 0 0 100 0 216,000 ( 7) ( 8) E 2,000,000 2,000,000 5,000,000 5,000,000 10,000,000 / / 10,000,000 15,000,000 15,000,000 30,000,000 22

30,000,000 50,000,000 50,000,000 100,000,000 100,000,000 2 2 1 (1-1)(1-2) 2 3 4 5() 6() 7 8() 9 10a. b. E c. 23

() 1 1 1 100 12 31 : 0 7,230 7,230 2.31% 2 3 92 3 27 0920001301 (1) (2) (3) (4) (5) (6) 4 ( ) 99 100 37,786 20,837 3.27% 6.66% : 24

100 99 45% 100 99 100 () 7 ( 1) () ()(%) ( 2) () : 7 0 100% 7 0 100% 6 0 86% () : 7 0 100% 6 0 86% 7 0 100% 14 3 1 2(1)()(%) () (2) ()(%) () 25

() 11 () ()(%)() () : 7 0 100% 5 0 71% 6 0 86% (%) (%) () 26

() () () () () () N/A N/A () () 100121 N/A N/A N/A 27

() ()"" () ()() () 100.8.24 3 100.8.24 3 100.8.24 3 () 100.8.24 3 100.8.24 3 100.8.24 3 () 100.8.24 3 100.8.24 3 100.8.24 3 28

() () () () 1. 100 12 1 2. 3. 2 100.12.01 1. 29

101.4.26 1. 2. 3. 4. 5. () N/A N/A 30

N/A 31

() () () 32

() 1. 101328 ( 1.2. 3.4.5. 100111001231 1013286 33

2. () () / 100.3.8 1. 2. 3. 4. 5. 6. 7. 8.488,000 9. 100.4.29 1. 2. 3. 100.8.24 1. 2. 3. 100.12.1 1. 2. 3. 4.1,000,000 5. 34

101.3.28 1. 2. 3. 4. 5. 6. 192-1 4 7. 8. 101.4.26 1. 2. 3. 4. 5. 6 7.IFRS10IFRSs () ()( ) 35

100.1.1~100.12.31 () 2 1 2,000 V 2 2,000 4,000 V 3 4,000 6,000 V 4 6,000 8,000 5 8,000 10,000 6 10,000 3 1 2 25% 3 () () 36

( ) () 37

() () 100 101 5 16 () () () () 0 0 0 0 79,000 0 0 0 74,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 () 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 () 1 () 2 100.08.26 99,000 0.11% 99.59% 6,042,720 1 2 39

1 3 () 43,880,205 50.18% 1,080,109 1.24% 1,414,478 1.62% 120,710 0.14% 1,409,478 1.61% 794,438 0.91% 21,523 0.02% 95,558 0.11% 700,000 0.80% 400,589 0.46% 254,000 0.29% 250,190 0.29% 223,950 0.26% 200,000 0.23% 200,000 0.23% 1 2 3 40

Taichigamer (B.V.I.) Co., Ltd. TRANSASIA GAMER (B.V.I.) CO., LTD. TRANSPACIFIC GAMER (B.V.I.) CO., LTD. () :% 264,764 100% 264,764 100% 200,000 100% 200,000 100% 64,764 100% 64,764 100% 400,000 100% 400,000 100% 1. / 89.03 10 1,000 10,000 1,000 10,000 1 89.04 10 8,000 80,000 8,000 80,000 2 89.08 10 15,000 150,000 15,000 150,000 3 91.06 10 50,000 500,000 26,667 105,000 266,667 4 11,667 91.12 105 50,000 500,000 30,067 300,667 5 92.06 10 80,000 800,000 62,161 $270,601 621,612 6 $50,344 93.06 10 80,000 800,000 75,766 $111,890 757,660 $24,158 7 94.09 10 92,000 920,000 76,140 761,402 $3,742 8 95.09 10 92,000 920,000 74,340 743,402 $18,000 9 41

96.10 10 92,000 920,000 81,434 814,343 $56,436 $14,505 97.03 10 92,000 920,000 81,445 814,453 $110 97.06 10 92,000 920,000 81,455 814,553 $100 97.09 10 92,000 920,000 81,456 814,563 $10 97.10 10 92,000 920,000 85,478 854,787 $40,224 97.11 10 92,000 920,000 86,161 861,617 $6,830 98.04 10 92,000 920,000 86,167 861,674 $57 98.05 10 92,000 920,000 86,168 861,687 $13 98.09 10 92,000 920,000 86,171 861,719 $32 98.12 10 92,000 920,000 86,772 867,727 $6,008 99.04 10 98,000 980,000 87,870 878,706 $10,979 99.05 10 98,000 980,000 87,939 879,393 $687 99.09 10 98,000 980,000 87,943 879,436 $43 100.01 10 98,000 980,000 87,948 879,481 $45 100.02 10 100,000 1,000,000 88,430 884,309 $4,828 100.05 10 100,000 1,000,000 88,434 884,345 $36 100.09 10 100,000 1,000,000 88,438 884,388 $43 100.12 10 100,000 1,000,000 87,439 874,393 $5 $10,000 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 189.03.28 89275242 289.04.19 89279336 389.08.15 (089) 089129674 491.07.09 42

591.12.25 692.07.10 793.08.13 894.09.05 995.09.06 1096.10.19 1197.04.11 1297.07.04 1397.09.17 1497.10.08 1597.11.21 1698.04.10 1798.05.21 1898.09.14 1998.12.04 2099.04.12 2199.05.13 2299.09.14 23100.01.03 24100.02.17 25100.05.18 26100.09.20 27100.12.14 2. 101 4 17 85,704,358 1,735,000 12,560,642 100,000,000 3. () 101 4 17 0 10 39 12,349 35 12,433 0 857,848 46,962,929 38,695,342 923,239 87,439,358 0.00 0.98% 53.71% 44.25% 1.06% 100% 3 43

() 1. 101 4 17 1 999 1,731 264,978 0.30% 1,000 5,000 9,570 16,919,259 19.35% 5,001 10,000 670 5,228,198 5.98% 10,001 15,000 173 2,209,612 2.53% 15,001 20,000 99 1,803,726 2.06% 20,001 30,000 77 1,954,328 2.24% 30,001 50,000 51 2,008,410 2.30% 50,001 100,000 31 2,157,377 2.47% 100,001 200,000 20 2,751,033 3.15% 200,001 400,000 3 728,140 0.83% 400,001 600,000 1 400,589 0.46% 600,001 800,000 2 1,494,438 1.71% 800,001 1,000,000 - - - 1,000,001 5 49,519,270 56.62% 12,433 87,439,358 100.00% 2. ()() 101 4 17 () 43,880,205 50.18 () (1) 99 100 101 (8) 439 260 126 192 60.2 71 44

(2) 306.04 147.79 101.79 29.55 24.01 23.76 20.15 ( 4) ( 4) () 86,115 86,561 85767 (3) 10.41 3.62 0.11 10.41 ( 4) ( 4) 9.35457 3.3 (4) (5) 29.40 40.83 (6) 32.72 44.78 (7) 3.06% 2.23% 1 2 3 4 5 6 7 8 () 1. 2. 101 4 26 100 45

100 72,450,695 :100 313,010,339 : (31,301,034) : 16,246,027 370,406,027 3.3 ( 1) (282,824,382) 87,581,645 : () 28,170,931 3,756,124 1 2 101.4.26 85,704,358 101.4.26 3: 100 4: 3. () () 1. 2. 46

3. (1) V 28,171 V 3,756 28,171 3,756 22,000 6,000 6,171 (2,244) (2) (3) 100 3.62 4.( ) () 1. 89,610 89,610 2. (1) (2) (3) 3. 6,273 6,273 47

() 1. 101516 100.03.14 100.12.06 100.05.05 101.02.01 150200 60100 1,000,000 735,000 165,434,315 52,862,669 - - 1,000,000 1,735,000 (%) 1.14% 1.98% () () () () 1. 101516 94.08.18 96.09.28 94.08.19 96.10.05 3,000,000 2,000,000 () 3.43% 2.29% 96.08.19~100.08.18 98.10.05~102.10.04 48

% 2 50% 3 75% 4 100% 2 50% 3 75% 4 100% 2,952,750 1,480,370 40,502,700 130,420,650 47,250 519,630 10 88.1 % () 0.05% 0.59% 87,439,358 49

2. 450,000 0.51% 96 205,000 97 52,500 98 100,000 98 10,000 99 52,500 99 10,000 99 5,000 16.4 12.4 10 88.1 10 88.1 88.1 3,362,000 651,000 1,000,000 881,000 525,000 881,000 440,500 101 5 16 0.49% 15,000 88.1 1,321,500 0.02% () 50

() 1. (1)IZ13010 (2)CC01120 (3)I301020 (4)I301030 (5)I401010 (6)ZZ99999 2. 100 (%) 1,439,477 100 3. (Online Game) Online Online Online Online Online 2.0 Online Online Online Online Online Online Online Online Online Online Online 2 Online Online Online Online Online Online Online Online Online OnlineQ Online Online Online 2 Online Web Web Online+ Online+ 3 Online 4. Online+ Online+ 3D 3 Online 3D 51

Online Web Online () 1. (Pc Game) (Mobile Game)(Arcade Game) (1)(PC Game) (Online Games)(Web Games) (Massively Multiplayer Online Role Playing Games MMORPG) (Casual Online Games)MMORPG MIC2005~2013 39%~49% 10%~15%5%~8% (Web Games) (2)(Mobile Game) Apple StoreAndroid Market (3)(Arcade Game) 52

2. 3. (1) A. 2006() B. C. (2) 53

() 1. (1) 3D MMORPG 3D (2) 3D GM FacebookApple StoreAndroid Market 2. :% 99 100 101 5 16 19 4.22% 23 4.81% 21 4.57% 54

352 78.22% 374 78.24% 364 79.13% 79 17.56% 81 16.95% 75 16.30% 450 100% 478 100% 460 100% 3. (1) 100 101 () 1,493,477 257,540 () 604,933 139,333 (%) 40.51% 54.10% (2) 95 Online Online 96 Online Online Online 97 Online Online 2 Online 98 Online Online Online Online 99 Online Online Online Online Online Online 100 Q Online Online Online 2 Online Web Web 101 Online+ Online+ 3 Online () 1. (1) (2) (3) 55

2. (1) (2) (3) (4) () 1. 2. 99 100 1,853,815 87.65% 1,337,748 89.57% 261,264 12.35% 155,729 10.43% 2,115,079 100% 1,493,477 100% 3. 4. 100 () 13,474,000 1,493,477 11.08 :: MIC 5. 56

6. 7. (1) 50% 90% 12 (2) 8. (1) A.PC PC B. C. 57

(2) A. B. 58

() 1. Online Online Online Online Online 2.0 Online Online Online Online Online Online Online Online 1. Online Online Online 2 Online Online Online 2. Online Online Online Online Online Online Online Online Q Online Online Online 2 Online Web Web Online+ Online+ 3 Online 59

() ()()() 1. 99 (%) 100 101 (%) :;% (%) 1 2,786 27.30 10,335 27.92 1,301 19.48 2 2,152 21.08 5,721 15.45 NTREEV 1,261 18.89 3 1,953 19.13 NTREEV 4,989 13.48 1,095 16.40 3,316 32.49 15,977 43.15 3,022 45.23 10,207 100 37,022 100 6,679 100 100 61

2. :;% 99 100 101 (%) (%) (%) 1 1,175,638 55.58 841,831 56.37 135,002 52.42 2 939,441 44.42 651,646 43.63 122,538 47.58 2,115,079 100 1,493,477 100 257,540 100 99 100 () 96 6 My Card () 99 100 1,853,815 261,264 1,337,748 155,729 1,853,815 261,264 1,337,748 155,729 62

99 100 101 5 16 450 478 460 84 84 71 99 93 89 633 655 620 30 31 31 3.83 4.39 4.68 - - - 33 39 37 489 505 481 111 111 102 - - - () () () () () ()(RoHS) () 63

. 2. 3. () 1. 2. My Card () 95.09.07~ Online Online Online 2 Online Cib Net Station Sdn Bhd. 2 Online Funbox 98.11.03~ 99.07.29~ 99.09.16~102.9.15 100.08.03~ 100.08.03~ 64

2 Online 2 Online KUNLUN KOREA CO., LTD 100.08.03~ 100.08.03~ () 1. 3 ( 2) 1,543,161 1,794,816 2,396,710 2,328,792 1,901,193 1,897,719 351,329 398,635 409,658 356,233 200,301 168,402 71,613 69,280 89,261 103,237 84,606 74,609 26,843 20,809 7,945 159,393 128,818 121,419 44,632 29,435 20,297 12,975 15,139 15,649 2,037,578 2,312,975 2,923,871 2,960,630 2,330,057 2,277,798 165,087 388,752 384,056 418,778 259,605 241,189 650,311 933,344 1,295,882 1,227,381 ( 1) ( 1) 165,087 388,752 384,056 418,778 259,605 241,189 650,311 927,432 1,295,882 1,227,381 ( 1) ( 1) 814,479 861,675 955,271 921,919 874,394 874,394 313,722 315,175 344,490 422,193 502,829 502,829 758,032 889,197 1,384,596 1,368,868 873,275 882,616 232,584 350,517 472,770 560,265 ( 1) ( 1) 1,577 20,786 10,236 (16,350) (104) (4,933) (15,319) (162,610) (154,778) (154,778) (179,942) (218,297) 1,872,491 1,924,223 2,539,815 2,541,852 2,070,452 2,036,609 1,387,267 1,385,543 1,627,989 1,733,249 ( 1) ( 1) 1 2 3 65

2. ( 3) 1 1,143,837 1,426,108 2,013,787 2,115,079 1,493,477 257,540 1,081,724 1,353,915 1,959,370 2,049,898 1,456,443 250,864 605,192 708,108 1,115,799 1,043,991 504,334 45,652 25,927 56,632 32,761 10,674 30,976 2,717 45,577 45,862 2,882 48,557 172,250 35,009 585,542 718,878 1,145,678 1,006,108 363,060 13,360 583,268 656,613 1,034,079 896,098 313,010 9,341 583,268 656,613 1,034,079 896,098 313,010 9,341 2 7.16 7.79 12.25 10.41 3.62 0.11 1 2 3 3. 96 97-98 99 100 66

(%) (%) (4) ( 4) ( 1) 8.10 16.81 13.14 14.14 11.14 10.59 2,614.74 2,777.46 2,845.38 2,462.15 2,447.17 2,729.71 934.76 461.69 624.05 556.09 732.34 786.82 928.12 460.07 620.79 551.56 723.80 777.42 () ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) () ( 3) ( 3) ( 3) ( 3) ( 3) ( 3) ( 3) ( 3) ( 3) ( 3) ( 3) ( 3) () 15.97 20.58 22.56 20.49 17.65 3.45 () 0.56 0.62 0.69 0.71 0.64 0.11 (%) 31.77 30.19 39.49 30.46 11.83 0.41 (%) 35.64 34.59 46.33 35.27 13.57 0.45 (%) 74.32 82.60 128.59 118.71 57.68 5.22 71.90 83.43 132.03 114.40 41.52 1.53 (%) 50.99 46.04 51.35 42.37 20.96 3.63 () 7.16 7.79 12.25 10.41 3.62 0.11 (%) 481.81 209.24 290.77 242.90 212.58 13.85 (%) 234.66 202.59 209.38 174.65 140.71 116.50 (%) 29.53 19.80 22.21 3.99-12.40-37.74 152 166 154 175 233 416 100 100 100 100 100 100 20% 20% 20% 20% 1 2 3 4 67

1. (1) (2) 2. (1) (2) (3) 3. (1)() () (2)365 (3) (4)() () (5)365 (6) (7) 4. (1) (2) (3) (4) 5. (1) (2)( ) (3)()( ) 6. (1)() (2) () 68

0920123784 0920123784 70

1100 $ 1,741,117 74 $ 2,079,627 70 2140 $ 7,931 - $ 18,402 1 1140 16,956 1 26,172 1 2150 223-564 - 1150 2160 15,273 1 101,305 3 112,911 5 204,012 7 2170 124,214 5 232,337 8 1298 2190 30,209 1 18,981 1 408-13,475-11XX 1,901,193 81 2,328,792 79 2260 104,775 5 36,274 1 2280 6,781-16,421 1 21XX 259,605 11 418,778 14 1421 200,301 9 356,233 12 2XXX 259,605 11 418,778 14 1544 182,090 8 171,314 6 3110 874,394 38 879,482 30 1561 15,379-14,764 1 3140 - - 42,437 1 1631 15,609 1 12,976-15X1 213,078 9 199,054 7 3210 300,984 13 300,984 11 15X9 ( 128,472 ) ( 5 ) ( 95,817 ) ( 3 ) 3220 75,253 3 32,531 1 15XX 84,606 4 103,237 4 3271 126,592 6 88,678 3 3310 471,464 20 381,854 13 1750 128,818 5 159,393 5 3320 16,350 1 - - 3350 385,461 16 987,014 33 1820 6,194-6,210-3420 ( 104 ) - ( 16,350 ) ( 1 ) 1888 8,945 1 6,765-3480 ( 179,942 ) ( 8 ) ( 154,778 ) ( 5 ) 18XX 15,139 1 12,975-3XXX 2,070,452 89 2,541,852 86 1XXX $ 2,330,057 100 $ 2,960,630 100 $ 2,330,057 100 $ 2,960,630 100 71

4000 $ 1,493,477 100 $ 2,115,079 100 5000 37,034 2 65,181 3 5910 1,456,443 98 2,049,898 97 6000 952,109 64 1,005,907 48 6900 504,334 34 1,043,991 49 7110 14,582 1 9,960-7160 15,171 1 - - 7480 1,223-714 - 7100 30,976 2 10,674-7521 172,178 12 26,839 1 7530 40-119 - 7560 - - 21,599 1 7880 32 - - - 7500 172,250 12 48,557 2 7900 363,060 24 1,006,108 47 8110 50,050 3 110,010 5 9600 $ 313,010 21 $ 896,098 42 72

9750 $ 4.19 $ 3.62 $ 11.68 $ 10.41 9850 $ 4.16 $ 3.59 $ 11.43 $ 10.18 73

$ 867,727 $ 87,544 $ 300,984 $ 32,531 $ 10,975 $ 278,446 $ - $ 1,106,150 $ 10,236 ( $ 154,778 ) $ 2,539,815 - - - - - 103,408 - ( 103,408 ) - - - - - - - - - - ( 911,826 ) - - ( 911,826 ) 776 42,437 - - 1,138 - - - - - 44,351 10,979 ( 87,544 ) - - 76,565 - - - - - - - - - - - - - 896,098 - - 896,098 - - - - - - - - ( 26,586 ) - ( 26,586 ) 879,482 42,437 300,984 32,531 88,678 381,854-987,014 ( 16,350 ) ( 154,778 ) 2,541,852 - - - - - 89,610 - ( 89,610 ) - - - - - - - - - 16,350 ( 16,350 ) - - - - - - - - - - ( 808,603 ) - - ( 808,603 ) 389 - - - - - - - - - 389 4,523 ( 42,437 ) - - 37,914 - - - - - - - - - - - - - 313,010 - - 313,010 - - - - - - - - 16,246-16,246 - - - - - - - - - ( 179,942 ) ( 179,942 ) ( 10,000 ) - - ( 57,101 ) - - - - - 67,101 - - - - 61,712 - - - - - - 61,712 918 - - - 38,111 - - - - - 87,677 125,788 $ 874,394 $ - $ 300,984 $ 75,253 $ 126,592 $ 471,464 $ 16,350 $ 385,461 ( $ 104 ) ( $ 179,942 ) $ 2,070,452 74

$ 313,010 $ 896,098 38,595 29,630 38,519 33,870 61,712-172,178 26,839 40 119 9,216 ( 6,823 ) 91,101 9,899 ( 11,228 ) ( 5,410 ) ( 2,180 ) ( 1,675 ) ( 10,471 ) 6,170 ( 341 ) ( 245 ) ( 86,032 ) ( 4,520 ) ( 108,123 ) 24,341 ( 13,067 ) 7,582 68,501 2,156 ( 9,568 ) ( 834 ) 551,862 1,017,197 ( 20,089 ) ( 43,673 ) 13 20 16 ( 1,276 ) ( 7,944 ) ( 175,045 ) ( 28,004 ) ( 219,974 ) ( 808,603 ) ( 911,826 ) ( 179,942 ) - 389 44,351 125,788 - ( 862,368 ) ( 867,475 ) 75

( $ 338,510 ) ( $ 70,252 ) 2,079,627 2,149,879 $ 1,741,117 $ 2,079,627 $ 136,082 $ 114,530 $ 20,017 $ 43,745 72 - - ( 72 ) $ 20,089 $ 43,673 $ 67,101 $ - 76

660 637 50.18% 49.89% ( ) 77

( ) ( ) ( ) 78

( ) ( ) ( ) ( ) ( ) 79

( ) ( ) ( ) () 80

() () (91) 006 (100) 073 1. 2. 3. 81

( ) ( )() ( ) ( ) 82

$ 60 $ 60 136,398 233,613 1,604,659 1,845,954 $ 1,741,117 $ 2,079,627 TAICHIGAMER (B.V.I.) CO., LTD. $ 9,680 $ 200,301 100% $ 356,233 100% ( ) 172,178 26,839 ( ) TAICHIGAMER (B.V.I.) CO., LTD. TRANSASIAGAMER (B.V.I.) CO., LTD. TRANSPACIFICGAMER (B.V.I.) CO., LTD. ( ) 21,075 17,945 302 208 83

( ) $ - $ - 399 348 ( 383 ) ( 340 ) 286 200 $ 302 $ 208 ( ) $ - $ - ( 13,326 ) ( 12,121 ) ( 13,326 ) ( 12,121 ) ( 8,070 ) ( 7,841 ) ( 21,396 ) ( 19,962 ) 20,572 17,866 ( 824 ) ( 2,096 ) 9,769 8,861 $ 8,945 $ 6,765 $ - $ - ( ) 2.00% 2.00% 2.50% 2.50% 2.00% 2.00% () $ 2,483 $ 1,884 () $ - $ - 84

$ 52,173 $ 75,762 29,363 28,590 22,000 90,000 6,000 6,000 5,675 13,922 9,003 18,063 $ 124,214 $ 232,337 $ 65,186 $ - 39,589 36,274 $ 104,775 $ 36,274 ( ) 879,482 87,948 10 4,912 10,000 874,394 87,440 10 ( ) 3,000 2,000 85

1,058 $ 84.19 2,233 $ 79.94 ( 491 ) 87.19 ( 1,175 ) 76.12 ( 47 ) 10.00 - - 520 1,058 520 558 $ - $ - 96.10.05 $ 88.10 520 1.76 $ 88.10 520 $ 88.10 94.08.19 $ 10.00 53 0.63 $ 10.00 53 $ 10.00 96.10.05 88.10 1,005 2.76 88.10 505 88.10 0 Black-Scholes 86

Black-Scholes 94.08.19 96.10.05 1.90% 2.62% 6 6 50.44% 89.09% 0.50% 32.93% $ 313,010 $ 896,098 309,767 887,061 3.62 10.41 3.58 10.30 3.59 10.18 3.55 10.08 ( ) ( ) 22,000 90,000 6,000 90% 7.8% 2% 90% 11% 0.7% 87

( ) 25% ( ) $ 89,610 $ 103,408 16,350-808,603 911,826 $ 9.3 $ 10.6 89,610 6,273 90,000 88

6,000 (390) 273 113,591 7,229 99,500 6,000 14,091 1,229 ( ) ( $ 16,350 ) 16,246 ( $ 104 ) $ 10,236 ( 26,586 ) ( $ 16,350 ) ( ) 1,918 1,211 ( 1,918 ) 1,211 89

1,918 - - 1,918 179,942 154,778 430 488 61,712 Black-Scholes 251 163 150.9 124.8 25.69% 42.62% 13 10 0.00% 0.00% 0.7% 0.62% 1,000 10,000 57,101 90

$ 363,060 $ 1,006,108 172,178 26,839 ( 31,130 ) 32,686 504,108 1,065,633 ( 139,417 ) ( 669,562 ) 364,691 396,071 17% 17% 61,997 67,332 10% - - - 34,726 ( 11,786 ) - 50,211 102,058-236 ( 34,938 ) ( 989 ) $ 15,273 $ 101,305 $ 50,211 $ 102,058 ( 161 ) 7,952 - ( 11,816 ) - 11,816 $ 50,050 $ 110,010 15% 30% 91

$ 56,582 $ 73,694 481 5,384 57,063 79,078 ( 56,431 ) ( 79,078 ) 632 - ( 632 ) - $ - $ - $ 101,544 $ 158,126 ( 99,972 ) ( 156,976 ) 1,572 1,150 ( 1,572 ) ( 1,150 ) $ - $ - $ 73,694 $ - 56,582 56,582 101,544 101,544 18,600 - $ 250,420 $ 158,126 09704008290 96.11.25101.11.24 ON LINE ON LINE ON LINE ON LINE ON LINE ON LINE ON LINE ON LINE ON LINE ON LINE 09800081430 98.01.01102.12.31 ON LINE ON LINE 92

$ 43,202 $ 23,389 - - 385,461 987,014 15.17% 11.37% $ - $ 548,225 $ 548,225 $ - $ 577,605 $ 577,605-36,287 36,287-30,136 30,136-21,377 21,377-18,153 18,153-2,981 2,981-4,247 4,247 $ - $ 608,870 $ 608,870 $ - $ 630,141 $ 630,141 $ - $ 38,595 $ 38,595 $ - $ 29,630 $ 29,630-38,519 38,519 7,945 25,925 33,870 93

$ 363,060 $ 313,010 86,561 $ 4.19 $ 3.62 - - 209 - - 479 $ 363,060 $ 313,010 87,249 $ 4.16 $ 3.59 $ 1,006,108 $ 896,098 86,115 $ 11.68 $ 10.41 - - 1,373 - - 538 $ 1,006,108 $ 896,098 88,026 $ 11.43 $ 10.18 ( ) TAICHIGAMER (B.V.I.) CO., 100% LTD. TRANSASIAGAMER (B.V.I.) CO., LTD. TAICHIGAMER (B.V.I.) CO., LTD. 94

( ) 1. 841,831 1,175,638 15,000 (91) 006 2. $ 941 20 $ 2,152 21 3. TAICHIGAMER (B.V.I.) CO., LTD. TAICHIGAMER (B.V.I.) CO., LTD. 10,290 350 30,282 950 10,902 350 0 95

4. 5,521 ON LINE 482 1,086 158 430 ON LINE 12 23 1,824 1,837 5. $ 10,778 $ 9,971-48 $ 10,778 $ 10,019 6. 226 7. VCD 172 213 96

8. $ 104,839 93 $ 218,615 107 TAICHIGAMER (B.V.I.) CO., LTD. 10,902 10 - - ( 2,830 ) ( 3 ) ( 14,603 ) ( 7 ) $ 112,911 100 $ 204,012 100 TRANSASIAGAMER (B.V.I) CO., LTD. $ 3,602 100 $ - - 9. $ 223 100 $ 564 100 $ 408 100 $ 5,782 43 TRANSASIAGAMER (B.V.I) CO., LTD. - - 7,693 57 $ 408 100 $ 13,475 100 ( ) $ 17,716 $ 20,833 5,432 21,600 110 55 $ 23,258 $ 42,488 97

$ 27,155 9,320 84 $ 36,559 ( ) $ 1,741,117 $ 1,741,117 $ 2,079,627 $ 2,079,627 16,956 16,956 26,172 26,172 112,911 112,911 204,012 204,012 200,301-356,233-6,194 6,194 6,210 6,210 7,931 7,931 18,402 18,402 223 223 564 564 124,214 124,214 232,337 232,337 408 408 13,475 13,475 86 86 2,432 2,432 ( ) 1. 2. 98

3. ( ) $ - $ - $ 1,741,117 $ 2,079,627 - - 16,956 26,172 - - 112,911 204,012 - - 6,194 6,210 - - 7,931 18,402 - - 223 564 - - 124,214 232,337 - - 408 13,475 - - 86 2,432 ( ) 1. 2. 3. 99

USD $ 9,143 30.28 $ 1,790 29.13 JPY 22,773 0.3906 32,188 0.3582 USD 6,615 30.28 12,229 29.13 USD - - 246 29.13 25 ( ) 1 2 3 4 20% 5 20% 6 20% 7 20% 8 20% 9 100

( ) 1 2 3 4 5 20% 6 20% 7 20% 8 20% 9 20% 10 ( ) 1 2 3 4 5 6 ( ) 101

( ) ( ) ( ) 841,831 1,175,638 10% 102

0920123784 0920123784 104

1100 $ 1,867,831 78 $ 2,299,862 77 2140 $ 8,369 - $ 18,567 1 1140 36,897 1 68,862 2 2150 223-564 - 1150 102,009 4 204,338 7 2160 15,273 1 103,958 3 1298 67,821 3 40,426 2 2170 131,984 6 240,716 8 11XX 2,074,558 86 2,613,488 88 2190 408-5,782-2263 167,944 7 51,767 2 2268 1,240-447 - 2280 7,878-20,907 1 1521 24,224 1 23,304 1 21XX 333,319 14 442,708 15 1544 199,964 8 186,962 6 1551 1,820-1,674-2XXX 333,319 14 442,708 15 1561 17,188 1 15,325 1 1631 16,887 1 14,152-15X1 260,083 11 241,417 8 15X9 ( 148,590 ) ( 6 ) ( 110,849 ) ( 4 ) 3110 874,394 36 879,482 30 15XX 111,493 5 130,568 4 3140 - - 42,437 1 3210 300,984 13 300,984 10 1730 13,909 1 8,841-3220 75,253 3 32,531 1 1750 143,244 6 175,730 6 3271 126,592 5 88,678 3 17XX 157,153 7 184,571 6 3310 471,464 19 381,854 13 3320 16,350 1 - - 1800 44,595 2 42,550 2 3350 385,461 16 987,014 33 1820 6,194-6,210-1830 822-372 - 3420 ( 104 ) - ( 16,350 ) ( 1 ) 1880 8,956-6,801-3480 ( 179,942 ) ( 7 ) ( 154,778 ) ( 5 ) 18XX 60,567 2 55,933 2 3XXX 2,070,452 86 2,541,852 85 1XXX $ 2,403,771 100 $ 2,984,560 100 $ 2,403,771 100 $ 2,984,560 100 105

4000 $ 1,518,848 100 $ 2,243,757 100 5000 131,029 8 123,387 6 5910 1,387,819 92 2,120,370 94 6000 1,058,734 70 1,103,381 49 6900 329,085 22 1,016,989 45 7110 17,353 1 13,227 1 7160 15,145 1 - - 7480 5,692-4,217-7100 38,190 2 17,444 1 7530 72-193 - 7560 - - 21,558 1 7880 4,070-1,762-7500 4,142-23,513 1 7900 363,133 24 1,010,920 45 8110 50,123 3 114,822 5 9600 $ 313,010 21 $ 896,098 40 9601 $ 313,010 21 $ 896,098 40 9602 - - - - $ 313,010 21 $ 896,098 40 106

9750 $ 4.19 $ 3.62 $ 11.68 $ 10.41 9850 $ 4.16 $ 3.59 $ 11.43 $ 10.18 107

$ 867,727 $ 87,544 $ 300,984 $ 32,531 $ 10,975 $ 278,446 $ - $ 1,106,150 $ 10,236 ( $ 154,778 ) $ 2,539,815 - - - - - 103,408 - ( 103,408 ) - - - - - - - - - - ( 911,826 ) - - ( 911,826 ) 776 42,437 - - 1,138 - - - - - 44,351 10,979 ( 87,544 ) - - 76,565 - - - - - - - - - - - - - 896,098 - - 896,098 - - - - - - - - ( 26,586 ) - ( 26,586 ) 879,482 42,437 300,984 32,531 88,678 381,854-987,014 ( 16,350 ) ( 154,778 ) 2,541,852 - - - - - 89,610 - ( 89,610 ) - - - - - - - - - 16,350 ( 16,350 ) - - - - - - - - - - ( 808,603 ) - - ( 808,603 ) 389 - - - - - - - - - 389 4,523 ( 42,437 ) - - 37,914 - - - - - - - - - - - - - 313,010 - - 313,010 - - - - - - - - 16,246-16,246 - - - - - - - - - ( 179,942 ) ( 179,942 ) ( 10,000 ) - - ( 57,101 ) - - - - - 67,101 - - - - 61,712 - - - - - - 61,712 918 - - - 38,111 - - - - - 87,677 125,788 $ 874,394 $ - $ 300,984 $ 75,253 $ 126,592 $ 471,464 $ 16,350 $ 385,461 ( $ 104 ) ( $ 179,942 ) $ 2,070,452 108

$ 313,010 $ 896,098 43,928 34,721 1,574 1,610 25 29 49,826 34,246 61,712-72 193 2 112 31,965 ( 29,817 ) 102,329 8,473 ( 27,395 ) ( 17,301 ) ( 2,180 ) ( 1,675 ) ( 10,198 ) 6,335 ( 341 ) ( 245 ) ( 88,685 ) ( 9,099 ) ( 108,732 ) 22,045 ( 5,374 ) 1,735 116,177 3,643 793 ( 2,733 ) ( 12,957 ) 5,345 465,551 953,715 ( 24,385 ) ( 46,323 ) 739 20 ( 21,093 ) ( 183,910 ) 16 ( 1,276 ) ( 889 ) ( 105 ) ( 45,612 ) ( 231,594 ) 109

( $ 808,603 ) ( $ 911,826 ) ( 179,942 ) - 389 44,351 125,788 - ( 862,368 ) ( 867,475 ) 10,398 ( 20,123 ) ( 432,031 ) ( 165,477 ) 2,299,862 2,465,339 $ 1,867,831 $ 2,299,862 $ 136,511 $ 123,802 $ - $ 25 $ 24,313 $ 46,395 72 - - ( 72 ) $ 24,385 $ 46,323 $ 67,101 $ - 110

( ) 765 753 50.18% 49.89% ( ) 1. TAICHIGAMER (B.V.I.) 100 100 CO., LTD. TAICHIGAMER (B.V.I.) TRANSASIAGAMER 100 100 CO., LTD. (B.V.I.) CO., LTD. TRANSPACIFICGAMER (B.V.I.) CO., LTD. 100 100 100 100 TRANSASIAGAMER (B.V.I.) CO., LTD. 2. 3. 111

( ) ( ) ( ) ( ) 112

( ) ( ) TRANSASIAGAMER CO., LTD. 113

( ) ( ) ( ) TAICHIGAMER (B.V.I.) CO., LTD. TRANSPACIFICGAMER (B.V.I.) CO., LTD. TRANSASIAGAMER (B.V.I.) CO., LTD. ( ) ( ) ( ) 114

() () () (91) 006 115

(100) 073 1. 2. 3. () ( ) ( ) 116

( )( ) ( ) $ 266 $ 113 166,238 320,544 1,701,327 1,979,205 $ 1,867,831 $ 2,299,862 $ 23,304 $ 186,962 $ 1,674 $ 15,325 $ 14,152 $ - $ 241,417-19,930-1,750 2,016 617 24,313 - ( 8,228 ) - - - - ( 8,228 ) - - - - 617 ( 617 ) - 920 1,300 146 113 102-2,581 24,224 199,964 1,820 17,188 16,887-260,083 4,134 90,370 814 7,539 7,992-110,849 758 38,583 409 1,911 2,267-43,928 - ( 7,417 ) - - - - ( 7,417 ) 186 839 94 36 75-1,230 5,078 122,375 1,317 9,486 10,334-148,590 $ 19,146 $ 77,589 $ 503 $ 7,702 $ 6,553 $ - $ 111,493 117

$ 25,592 $ 155,071 $ 1,775 $ 12,592 $ 9,779 $ - $ 204,809-36,870-5,081 3,044 1,400 46,395 - ( 3,912 ) - ( 2,315 ) - - ( 6,227 ) - ( 128 ) - - 1,400 ( 1,400 ) ( 128 ) ( 2,288 ) ( 939 ) ( 101 ) ( 33 ) ( 71 ) - ( 3,432 ) 23,304 186,962 1,674 15,325 14,152-241,417 3,715 64,443 441 8,357 6,460-83,416 813 30,286 528 1,514 1,580-34,721 - ( 3,699 ) - ( 2,315 ) - - ( 6,014 ) - - ( 103 ) - - - ( 103 ) ( 394 ) ( 660 ) ( 52 ) ( 17 ) ( 48 ) - ( 1,171 ) 4,134 90,370 814 7,539 7,992-110,849 $ 19,170 $ 96,592 $ 860 $ 7,786 $ 6,160 $ - $ 130,568 21,075 17,945 302 208 ( ) $ - $ - 399 348 ( 383 ) ( 340 ) 286 200 $ 302 $ 208 118

( ) $ - $ - ( 13,326 ) ( 12,121 ) ( 13,326 ) ( 12,121 ) ( 8,070 ) ( 7,841 ) ( 21,396 ) ( 19,962 ) 20,572 17,866 ( 824 ) ( 2,096 ) 9,769 8,861 $ 8,945 $ 6,765 $ - $ - ( ) 2.00% 2.00% 2.50% 2.50% 2.00% 2.00% () $ 2,483 $ 1,884 () $ - $ - TRANSASIAGAMER (B.V.I.) CO., LTD. $ 56,708 $ 79,470 29,363 28,590 22,000 90,000 7,099 16,109 6,000 6,000 10,814 20,547 $ 131,984 $ 240,716 119

$ 112,681 $ - 55,263 51,767 $ 167,944 $ 51,767 ( ) 879,482 87,948 10 4,912 10,000 874,394 87,440 10 ( ) 3,000 2,000 120

1,058 $ 84.19 2,233 $ 79.94 ( 491 ) 87.19 ( 1,175 ) 76.12 ( 47 ) 10.00 - - 520 1,058 520 558 $ - $ - 96.10.05 $ 88.10 520 1.76 $ 88.10 520 $ 88.10 94.08.19 $ 10.00 53 0.63 $ 10.00 53 $ 10.00 96.10.05 88.10 1,005 2.76 88.10 505 88.10 0 Black-Scholes 121

Black-Scholes 94.08.19 96.10.05 1.90% 2.62% 6 6 50.44% 89.09% 0.50% 32.93% $ 313,010 $ 896,098 309,767 887,061 3.62 10.41 3.58 10.30 3.59 10.18 3.55 10.08 ( ) ( ) 22,000 90,000 6,000 90% 7.8% 2% 90% 11% 0.7% 122

( ) 25% ( ) $ 89,610 $ 103,408 16,350-808,603 911,826 $ 9.3 $ 10.6 123

89,610 6,273 90,000 6,000 (390) 273 113,591 7,229 99,500 6,000 14,091 1,229 ( ) ( $ 16,350 ) 16,246 ( $ 104 ) $ 10,236 ( 26,586 ) ( $ 16,350 ) ( ) 1,918 1,211 ( 1,918 ) 1,211 1,918 - - 1,918 124

179,942 154,778 430 488 61,712 Black-Scholes 251 163 150.9 124.8 25.69% 42.62% 13 10 0.00% 0.00% 0.7% 0.62% 1,000 10,000 57,101 $ 50,050 $ 15,273 73 - $ 50,123 $ 15,273 125

$ 110,010 $ 101,305 4,812 2,653 $ 114,822 $ 103,958 15% 30% $ 56,582 $ 73,694 481 5,384 57,063 79,078 ( 56,431 ) ( 79,078 ) 632 - ( 632 ) - $ - $ - $ 101,544 $ 158,126 ( 99,972 ) ( 156,976 ) 1,572 1,150 ( 1,572 ) ( 1,150 ) $ - $ - 126

$ 73,694 $ - 56,582 56,582 101,544 101,544 18,600 - $ 250,420 $ 158,126 09704008290 96.11.25101.11.24 ON LINE ON LINE ON LINE ON LINE ON LINE ON LINE ON LINE ON LINE ON LINE ON LINE 09800081430 98.01.01102.12.31 ON LINE ON LINE $ 43,202 $ 23,389 - - 385,461 987,014 15.17% 11.37% 127

$ - $ 594,856 $ 594,856 $ - $ 622,829 $ 622,829-38,460 38,460-32,597 32,597-25,774 25,774-22,703 22,703-10,713 10,713-9,910 9,910 $ - $ 669,803 $ 669,803 $ - $ 688,039 $ 688,039 $ - $ 43,928 $ 43,928 $ - $ 34,721 $ 34,721 8,380 41,446 49,826 7,945 26,301 34,246 1,599 1,639 $ 363,060 $ 313,010 86,561 $ 4.19 $ 3.62 - - 209 - - 479 $ 363,060 $ 313,010 87,249 $ 4.16 $ 3.59 $ 1,006,108 $ 896,098 86,115 $ 11.68 $ 10.41 - - 1,373 - - 538 $ 1,006,108 $ 896,098 88,026 $ 11.43 $ 10.18 128

( ) VALUE CENTRAL CORPORATION ( ) 1. 841,831 1,175,638 15,000 (91) 006 129

2. $ 941 20 $ 2,152 21 3. $ 2,503 - $ 3,850 - VALUE CENTRAL CORPORATION - - 54 - $ 2,503 - $ 3,904-2,503 3,850 550 827 TRANSASIAGAMER CO., LTD. VALUE CENTRAL CORPORATION VALUE CENTRAL CORPORATION 54 2 4. 5,521 ON LINE 130

482 1,086 158 430 ON LINE 12 23 1,824 1,837 5. $ 10,778 $ 9,971-48 $ 10,778 $ 10,019 6. 226 7. 1,401 2,291 308 492 8. VCD 172 213 131

9. $ 104,839 103 $ 218,615 107-326 - ( 2,830 ) ( 3 ) ( 14,603 ) ( 7 ) $ 102,009 100 $ 204,338 100 10. $ 223 100 $ 564 100 $ 408 100 $ 5,782 100 ( ) $ 17,716 $ 20,833 5,432 21,600 110 55 $ 23,258 $ 42,488 $ 30,967 12,107 84 $ 43,158 132

( ) $ 1,867,831 $ 1,867,831 $ 2,299,862 $ 2,299,862 36,897 36,897 68,862 68,862 102,009 102,009 204,338 204,338 6,194 6,194 6,210 6,210 8,369 8,369 18,567 18,567 223 223 564 564 131,984 131,984 240,716 240,716 408 408 5,782 5,782 933 933 3,179 3,179 ( ) 1. 2. ( ) $ - $ - $ 1,867,831 $ 2,299,862 - - 36,897 68,862 - - 102,009 204,338 - - 6,194 6,210 133

$ - $ - $ 8,369 $ 18,567 - - 223 564 - - 131,984 240,716 - - 408 5,782 - - 933 3,179 ( ) 1. 2. 3. 134

USD $ 2,995 30.28 $ 5,668 29.13 RMB 14,008 4.81 33,929 4.42 JPY 22,773 0.3906 32,188 0.3582 USD 36 30.28 34 29.13 RMB 1,446 4.81 1,811 4.42 25 IFRSs ( ) IFRSs 135

A.98 1 1 100 12 31 1. IFRSs 99.03.23 2. IFRSs IFRSs 99.03.23 3. IFRSs IFRSs 4 IFRSs IFRSs 5. IFRS1 IFRSs 6. IFRSs 7. IFRSs B.100 1 1 101 12 31 1. IFRSs IFRSs 2. IFRS1 IFRSs C.101 1 1 102 12 31 1. IFRSs 2. IFRSs 2012 3. IFRSs IFRSs IFRSs 136

( ) IFRSs IFRSs 1. IFRSs 2. IFRSs 1. 2. IFRS ( ) IFRSs IFRSs 137

IFRSs ( ) 1 2 3 4 20% 5 20% 6 20% 7 20% 8 20% 9 ( ) 1 2 3 4 5 20% 6 20% 7 20% 8 20% 9 20% 10 138

( ) 1 2 3 4 5 6 ( ) ( ) ( ) ( ) $ 1,337,748 $ 219,618 $ 1,853,815 $ 268,840 35,658 100,650 158,567 95,467 79,177-113,547-66,265-117,828 - $ 1,518,848 $ 320,268 $ 2,243,757 $ 364,307 139

( ) 841,831 1,175,638 10% 140

: 2,328,792 1,901,193 (427,599) (18.36) 356,233 200,301 (155,932) (43.77) 103,237 84,606 (18,631) (18.05) 159,393 128,818 (30,575) (19.18) 12,975 15,139 2,164 16.68 2,960,630 2,330,057 (630,573) (21.30) 418,778 259,605 (159,173) (38.00) 418,778 259,605 (159,173) (38.00) 921,919 874,394 (47,525) (5.16) 422,193 502,829 80,636 19.10 1,368,868 873,275 (495,593) (36.21) (16,350) (104) 16,246 (99.36) (154,778) (179,942) (25,164) 16.26 2,541,852 2,070,452 (471,400) (18.55) 1. 155,932 2. 630,573 3. 159,173 4. 495,593 5. 16,246 141

2,115,079 1,493,477 (621,602) (29.39) 65,181 37,034 (28,147) (43.18) 2,049,898 1,456,443 (593,455) (28.95) 1,005,907 952,109 (53,798) (5.35) 1,043,991 504,334 (539,657) (51.69) 10,674 30,976 20,302 190.20 9,960 14,582-15,171 714 1,223 48,557 172,250 123,693 254.74 26,839 172,178 119 40 21,599 - - 32 1,006,108 363,060 (643,048) (63.91) 110,010 50,050 (59,960) (54.50) 896,098 313,010 (583,088) (65.07) 1. 621,602 539,657 2. 28,147 3. 20,302 4. 123,693 5. 643,048 583,088 142

Taichigamer (B.V.I.) Co., Ltd. () 9,680 200,301 264,764 100% 200,301 (172,178) Taichigamer (B.V.I.) Co., Ltd. 91 1 Taichigamer (B.V.I.) Co., Ltd. () 400,000 () 1. 2. 3. 144

() () --() 3D () () () () () 145

() () () () 1. 2. () 146

89.03.28 47 2 4F 879,482 TAICHIGAMER (B.V.I.) CO., LTD. TRANSASIAGAMER (B.V.I.) CO., LTD. TRANSPACIFICGAMER (B.V.I.) CO., LTD. 91.01.10 TrustNet Chambers, P.O. Box 3444, Road Town, Tortola, British Virgin Island 9,680 ( 265 ) 91.01.10 7,002 ( 200 ) 91.01.10 2,678 ( 65 ) 91.03.18 25 5 13,358 ( 400 ) 148

( ) 1. 2. ( ) 149

43,880,205 50.18 1,414,478 1.62 1,409,478 1.61 43,880,205 50.18 99,406 0.11 - - - - 28,237 0.03 794,438 0.91 TAICHIGAMER (B.V.I) CO., LTD. 264,764 100.00 TRANSASIAGAMER (B.V.I) CO., LTD. TAICHIGAMER (B.V.I) CO., LTD. 200,000 100.00 TRANSPACIFICGAMER (B.V.I.) CO., LTD. TAICHIGAMER (B.V.I) CO., LTD. 64,764 100.00 TRANSASIAGAMER (B.V.I) CO., LTD. USD400,000 100.00 150

879,482 2,330,057 259,605 2,070,452 1,493,477 504,334 313,010 3.62 TAICHIGAMER (B.V.I) CO., LTD. 9,680 210,899 10,598 200,301 - (10,287) (172,179) (650.31) TRANSASIAGAMER (B.V.I) CO., LTD. TRANSPACIFICGAMER (B.V.I.) CO., LTD. 7,002 195,903 13,201 182,702 - (34,501) (161,930) (809.65) 2,678 332-332 - - - - 13,358 179,259 69,646 109,613 39,033 (130,461) (127,522) (318.81) 151

103 140 152

()() : 153