EVOC<08285> - Results Announcement (Q1, 2005, Summary)

Shenzhen EVOC Intelligent Technology Company Limited announced on 10/05/2005:
(stock code: 08285 )

Year end date                         :31/12/2005
Currency                              :RMB
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

                                           (Unaudited)       (Unaudited)
                                              Current Last Corresponding
                                               Period            Period
                                       from 01/01/2005   from 01/01/2004
                                         to 31/03/2005     to 31/03/2004
                                               RMB'000           RMB'000

Turnover                              :         40,688            42,267
Profit/(Loss) from Operations         :          5,730             8,534
Finance cost                          :           (14)             (335)
Share of Profit/(Loss) of Associates  :            N/A               N/A
Share of Profit/(Loss) of Jointly
         Controlled Entites           :            N/A               N/A
Profit/(Loss) after Taxation & MI     :          5,228             7,461
% Change Over the Last Period         :         -29.93%
          Basic (in dollar)           :      RMB 0.011         RMB 0.016
          Diluted (in dollar)         :            N/A               N/A
Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A
Profit (Loss) after ETD Items         :          5,228             7,461
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
Shenzhen EVOC Intelligent Technology Company Limited

Signature :
Name      : Lee Sing Yeung Simon
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.

1. Listing Date
The Company's shares were listed on the Growth Enterprise Market of
The Stock Exchange of Hong Kong Limited (the "GEM") on 10 October 2003.
2. Basis of preparation
The unaudited quarterly results of the Company has been prepared in
accordance with Hong Kong Financial Reporting Standards (which also
include Statements of Standard Accounting Practice and Interpretations)
issued by the Hong Kong Institute of Certified Public Accountants,
accounting principles generally accepted in Hong Kong and the
disclosure requirements of the Hong Kong Companies Ordinance and
the GEM Listing Rules. They have been prepared under the
historical cost convention.
3. Turnover
                                            2005        2004
Turnover                                  RMB'000    RMB'000
Sales of Products
Board-type EIP                             21,152     25,423
Chassis-type EIP                           18,406     15,449
Remote data modules                         1,130      1,395
                                         ---------   ---------
Total turnover                             40,688     42,267
                                         ---------   ---------
4. Tax
The Company is located in the Shenzhen Special Economic Zone and is
therefore subject to a corporate income tax rate of 15%. In accordance
with the relevant income tax laws and regulations in the PRC, the
Company was exempt from corporate income tax for two years commencing
from its first year with assessable profits after deducting the tax
losses brought forward, and was entitled to a 50% tax exemption for
the next three years.
The year ended 31 December 2003 was the fifth year since the Company's
first year of operations with assessable profits and accordingly, the
Company was entitled to a 50% exemption from corporate income tax
for the year ended 31 December 2003.
As a new and high technology enterprise, the Company had apply to the
Shenzhen Administration of Taxation in 2004 for a 50% exemption from
income tax and obtained the approval for three more years until the
year ending 31 December 2006. Accordingly, the Company was entitled
to a 50% exemption from corporate income tax for the year ended
31 December 2004.
The branches of the Company are located in various cities within
the PRC and are subject to a corporate income tax rate of 33% on
their assessable profits during the period.
No provision for Hong Kong Profits Tax has been made in the financial
statements, as the Company has no assessable profits arising in Hong
Kong for the period.
5. Earning per share
The calculation of basic earnings per share for the three months
ended 31 March 2005 is based on the profit attributable to shareholders
of approximately RMB5,228,000 (2004 :RMB7,461,000) and the 467,100,000
(2004: 467,100,000) ordinary shares in issue during the period.
Diluted earnings per share amount for the three months ended
31 March 2004 and 2005 have not been disclosed as no diluting
events existed during the period.
6. Dividend
The Directors do not recommend the payment of dividend for the three
months ended 31 March 2005 (2004: Nil).