BEIDA JADE BIRD<08095> - Results Announcement (Q1, 2006, Summary)


Beijing Beida Jade Bird Universal Sci-Tech Company Limited announced on 
11/5/2006:
(stock code: 08095 )

Year end date                         :31/12/2006
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
http://www.hkgem.com

                                           (Unaudited)       (Unaudited)
                                              Current Last Corresponding
                                               Period            Period
                                       from 01/01/2006   from 01/01/2005
                                         to 31/03/2006     to 31/03/2005
                                             RMB'000         RMB'000

Turnover                              :         11,172            16,090
Profit/(Loss) from Operations         :       (10,282)           (3,293)
Finance cost                          :        (4,264)           (3,624)
Share of Profit/(Loss) of Associates  :          (309)               N/A
Share of Profit/(Loss) of Jointly
         Controlled Entites           :            N/A               N/A
Profit/(Loss) after Taxation & MI     :       (13,422)           (5,607)
% Change Over the Last Period         :            N/A
EPS / (LPS)
          Basic (in dollar)           :    (RMB 0.011)       (RMB 0.005)
          Diluted (in dollar)         :            N/A               N/A
Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A
Profit (Loss) after ETD Items         :       (13,422)           (5,607)
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
Beijing Beida Jade Bird Universal Sci-Tech Company Limited

Signature :
Name      : Wong Tak Chuen
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:
        
1.  Principal Activities and Basis of Presentation
        
During the period, the Group was principally engaged in the research,
development, manufacturing, marketing and sale of embedded systems,
including network security products ("NET"), wireless fire alarm
systems ("WFAS"), application specific integrated circuits ("ASIC"),
global positioning system application systems ("GPS"), smart card
application systems ("IC"), remote automatic meter-reading systems
("RMR") and related products. The Group was also engaged in the sale of
computer products ("Computer") and the provision of total solution
services through application of its existing embedded system products.
        
These financial statements have been prepared in accordance with Hong
Kong Financial Reporting Standards ("HKFRSs") (which also include HKASs
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. They have been prepared under the historical cost
convention, except for equity investments, which have been measured at
fair value. These financial statements are presented in Renminbi
("RMB") and all values are rounded to the nearest thousand (RMB'000)
except when otherwise indicated.
        
2.  Loss per share
        
The calculation of loss per share of RMB1.1 cents (2005: loss per share
of RMB0.5 cents) for the three months ended 31 March 2006 was based on
loss attributable to equity holders of the parent of RMB13,422,000
(2005: loss attributable to equity holders of the parent of
RMB5,607,000) and on the weighted average number of 1,184,800,000
shares (2005: 1,184,800,000 shares) in issue.