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Simcere Pharmaceutical Group Reports Unaudited Fourth Quarter and Fiscal Year 2010 Results
Date:3/8/2011

>arnings (loss) per share attributable to
Simcere:Basic

(0.68)0.550.080.231.590.24Diluted

(0.66)0.530.080.231.550.23Earnings (loss) per ADS attributable to
Simcere:Basic

(1.36)1.100.170.463.180.48Diluted

(1.33)1.060.160.453.100.47Weighted average number of common shares:
Basic

111,042,270

106,815,562

106,815,562115,099,258

108,321,562

108,321,562Diluted

113,458,171

110,266,193

110,266,193116,604,919

111,357,796

111,357,796* In fiscal year 2009 after the fourth quarter press release on March 16, 2010, the Company recognized a goodwill impairment charge of RMB76.4 million and an equity loss of RMB55.6 million associated with the acquisition of Jiangsu Yanshen.  Accordingly, the unaudited financial data of the fourth quarter 2009 were adjusted in the financial statements for the year ended December 31, 2009 filed in the Form 20-F on June 30, 2010 to reflect the revised purchase price allocation in respect of the acquisition of Jiangsu Yanshen in 2009. SIMCERE PHARMACEUTICAL GROUPUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (AMOUNTS EXPRESSED IN THOUSANDS)December 31,December31,December31,200920102010RMBRMBUSDAssetsCurrent assetsCash, cash equivalents and restricted cash

458,145

278,716

42,230Accounts and bills receivable, net

704,321

884,738

134,052Inventories

106,655

89,732

13,596Other current assets

102,743

135,301

20,500Totalcurrentassets1,371,8641,388,487210,378Property, plant and equipment, net

758,246

866,262

131,251Land use rights

146,158

142,910

21,653Goodwill and intangible assets, net

695,267

658,139

99,718Investme
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SOURCE Simcere Pharmaceutical Group
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