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2 GEM GEM GEM GEMGEM GEM GEMGEM

3

4

5 曉 曉 Conyers Corporate Services (Bermuda) Limited Clarendon House 2 Church Street Hamilton HM 11 Bermuda Clarendon House 2 Church Street Hamilton HM 11 Bermuda

6 571XV 5

7 CWT International Limited Cullen College of Engineering 6

8 7

9 * % 100% 68% * 8

10 133,915,000 43,596,000146,759,00068,429,000 9% 36%24,015,00075% V 42,000,000 V 6.9% %

11 10

12 31,680,000 V 11,000,000 11

13 (AR)(VR) IP IP 12

14 13

15 43 29,295,000 62,158,00053% 107,777,000 (1)(2) 14

16 133,915,000146,759,000 V 14,276,000 90,319,00078,330,000 11,989,000 5% 60% 35% 99% 1% 15

17 14,786,000 22,580,000 7,794,0009,822,000 22,908,000 3,812,00019,096,000 55,357,00065,284, ,432,000 27,138,000 23,310,0003,172,000 16

18 579, ,687, ,528,000 46,253,000 17,797,0001,686,00019,007, ,575,000111,129, ,673,000827,067,000 56,958,0004,057,000 29,295,000 GDC Holdings Limited GDC Holdings Huayi Brothers International Investment Limited GDC HoldingsGDC HoldingsGDC Technology Limited GDC Tech29,779,777GDC Tech 11.38% GDC TechGDCTech GDC Tech5,955,955 GDC Tech 2.28% GDC Tech15,955,955 GDC Tech GDC Tech 17

19

20 GEM A.6.7 A.6.7 GEM

21 20

22 2/2 3/3 1/1 5/5 1/1 5/5 0/1 4/5 1/1 5/5 1/1 5/5 1/1 5/5 0/1 5/5 1/1 21

23 GEM GEM 22

24 GEM5.05 GEM

25 ( 24

26 4/4 3/4 4/4 25

27 1/1 1/1 1/1 1/1 1/1 26

28 1/1 1/1 1/1 1/1 1/1 D.3.1(a)(b) (c)(d) (e) 27

29 GEM

30 C

31 業務主管 管理層 執行委員會 於編製全年業務計劃及預算案中辨識及評估潛在風險 就管理 控制或消除風險實施對應的措施 執行業務計劃 編製每月管理報告 不時修改業務計劃 內部審計部門 定期進行審核 匯報工作結果及提出建議 審閱及批核業務計劃及預算案 審閱每月管理報告 : (i) 以業務計劃及預算案衡量實際表現 ; 及 (ii) 檢討及評審所有重大監控方面的成效 審核委員會 審閱及評估內部監控制度的整體效益 提出建議 財務監控 運作監控 內部審計 風險管理 合規監控 30

32 (1) (2) (3) 31

33 (4) (5) 32

34 1, ,500 33

35 GEM 34

36 GEM 20 35

37 LED

38 8, , , , (5.80) (4.99) 2, , , , ,000, ,778, , , ClimateCare

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44 64 ( 62) 4 (6%) 3 (5%) 29 (47%) 26 (42%) 43

45 44

46 45

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48 # * * * # * 87(2) 86(2) GEM

49 35 XV 352GEM ,988, ,988, % 30,008,200 30,008, % 10,800,820 10,800, % XV 352GEM

50 49

51 ,168, % 619,168, % Wheeling Holdings Limited Wheeling 619,168, % 619,168, % Upper Nice Assets Ltd. Upper Nice 619,168, % Upper NiceWheeling50.53% Upper Nice 336 GEM GEM

52 ,825,55410% 12 1% (i)(ii) (iii)

53

54 24% 7% 8% 2%5% 53

55 GEM17.50A(1) ) 2) 3) 4) 54

56 ,616,000409,263, ,722,000 3,172,000 20,000,000 23,310,000 55

57 84,467,00023,310, ,616,000409,263,000 46,704,000 44,052,000 56

58 90 57

59 5 133, ,759 (90,319) (78,330) 43,596 68, ,786 22,580 (22,908) (3,812) (55,357) (65,284) 15 (84,467) 15 (579) 9 (2,432) (27,138) (23) (22,917) (89,692) 10 (1,098) (5,602) 11 (24,015) (95,294) 58,601 (55,217) 25 (4,057) (1,508) 54,544 (56,725) 30,529 (152,019) (29,295) (62,158) 5,280 (33,136) (24,015) (95,294) 23,606 (116,767) 6,923 (35,252) 30,529 (152,019) 13 (1.93) (4.09) 58

60 14 200, , , , ,071 4, ,253 17, , , , ,403 19, , ,179 20, ,152 9, , ,686 19, , , , , ,184 4, ,653 2, ,625 77,682 9,224 10, , , , , , , , , , ,347 38,386 44,004 38, , ,226 59

61 34 15,183 15, , , , ,067 25,082 18, , ,

62 a b c d 15,183 75, ,881 1,953 5,565 13,796 (1,209) 586, ,834 53, ,245 (62,158) (62,158) (33,136) (95,294) (53,101) (53,101) (2,116) (55,217) (1,508) (1,508) (1,508) (1,508) (53,101) (54,609) (2,116) (56,725) (1,508) (53,101) (62,158) (116,767) (35,252) (152,019) 15,183 75, ,881 1,953 4,057 (39,305) (1,209) 524, ,067 18, ,226 2,363 (2,363) 15,183 75, ,881 4,316 4,057 (39,305) (1,209) 521, ,067 18, ,226 (29,295) (29,295) 5,280 (24,015) 56,958 56,958 1,643 58,601 (4,057) (4,057) (4,057) (4,057) 56,958 52,901 1,643 54,544 (4,057) 56,958 (29,295) 23,606 6,923 30,529 15,183 75, ,881 4,316 17,653 (1,209) 492, ,673 25, , (146) 15,183 75, ,881 4,462 17,653 (1,209) 492, ,673 25, ,755 61

63 (a) (b) (1) 40,271,000(2) 589,670,000384,060,000 (c) 10%50% (d) (1) 39,000(2) 1,248,000 62

64 (22,917) (89,692) 2, (5) (35) ,741 20,016 (530) (8,112) 15 84,467 11,001 (6,810) (4,859) , ,914 (7,661) 3,475 (13,582) 2,546 5,028 (1,589) 9,665 3,659 (1,744) 90 (1,694) (105) (399) (922) 188 8,743 32,185 (26,138) (17,797) (17,256) 37,764 (3,266) (4,777) (20,522) 32,987 63

65 1,124, ,389 6,810 4, , (1,106,250) (753,963) (4,486) (2,857) (955) (23) (12,874) 24, ,754 3, , , ,317 16,484 (8,530) 294, ,528 64

66 1. GEM ()

67

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69

70 ,258, ,000 15,558, GEMGEM 69

71

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74 3. 73

75 3. 74

76 3. 75

77 3. 76

78 3. 77

79 3. 78

80 3. (i)(ii) 39 41c 79

81 3. 80

82 3. 81

83 3. 82

84

85 4. 24,010,000 23,310,000 87,002,000 84,467,000 84

86 c ,616,000409,263,000 85

87 4. 200,373,000199,086,000 8,341,00011,001,000 6,403,00019,416, ,127 43, ,339 97,166 6,449 6, , ,759 14,276,000 86

88 ,762 6,449 46, ,915 (23,451) ,196 (5,463) 748 (18,202) (22,917) 87

89 6. 96,454 6,253 44, ,759 31,138 (4,113) (98,937) (71,912) 509 (18,289) (89,692) 3 88

90 6. 481,119 1, , ,120 45,575 2,193 1,030,888 63,210 2,497 87, ,094 2, ,133 89

91 6. 461,180 2, , ,375 20,936 63,801 2, ,785 63,669 1,905 66, ,270 16,879 2, ,559 90

92 6. 4,456 4, ,486 15, , , ,001 11,001 11,001 (314) 2,749 2,435 2, (6,029) (22) (10) (6,061) (749) (6,810) (7,749) (35) (7,784) (7,784) 2,839 2, ,857 16,175 2, , , (22) (4,331) (11) (8) (4,350) (509) (4,859) (17,536) (70) (17,606) (17,606) 23,310 23,310 23,310 84,467 84,467 84,467 91

93 6. 133, , , , , , ,382 1, , , , ,186 10% 92

94 7. (a) 7,483,000 7,483,000GEM (1) (2) 3,600 1,200 1,500 6, ,780 1,218 1,575 6,573 (1) (2)

95 7. (a) 3,600 1,200 1,500 6, ,780 1,218 1,575 6,

96 7. (b) 2,135 2, ,171 2,143 1,000, ,000,0011,500, ,784 17,606 6,810 4, ,786 22,580 7,254,000 9,494, ,0008,112,

97 9. (2,435) (316) (2) (174) 31 (201) (23,310) 15 (3,172) (2,432) (27,138) 10. 1,029 6, (509) 1,043 6, (540) 1,098 5,602 25% [2009] 65 25% 12.5% [2014] 59 15% [2009] % 15% 25%12.5% 25%) 96

98 10. (22,917) (89,692) 25%25% (5,729) (22,423) (344) (1,381) 4,432 4,917 21, (509) 4,665 4,370 (3,115) (289) 1,175 (120) (80) 1,098 5,602 71,496 63, ,0003,416,0003,876,0007,852, ,000307,0003,440,0003,903,000 87,002,000 84,467, ,622, ,724,000 97

99 11. 7(a) 79,996 89,105 5,372 5,280 85,368 94,385 (2,889) (10,877) (22,486) (11,120) 59,993 72,388 11, ,500 1,560 17,636 22,445 (1,260) (895) (1,169) 16,741 20,016 (82) (745) 18,816 19,119 (30,072) (27,475) 2,463 2,728 (27,609) (24,747) 98

100 (29,295) (62,158) 1,518,256 1,518,256 99

101 ,684 31,959 71,362 8,721 59,246 4, ,835 (12,667) (1,737) (4,619) (454) (3,658) (171) (23,306) 25 2,832 2,857 (4,437) (1,571) (4,229) (10,237) 183,017 25,785 66,743 6,721 54,191 4, ,149 13,842 1,782 5, , , ,366 4,486 (480) (207) (84) (771) 196,859 27,087 71,791 7,094 62,596 4, ,306 20,939 16,793 38,180 5,115 53,919 3, ,687 (1,523) (1,054) (2,777) (309) (3,418) (125) (9,206) 3,958 4,713 7,217 1,055 5, ,445 (4,425) (1,233) (4,205) (9,863) 23,374 16,027 42,620 4,628 51,300 4, ,063 1,914 1,242 3, , ,000 3,931 2,868 7,167 1,749 1, ,636 (480) (206) (80) (766) 29,219 19,657 53,277 6,565 56,777 4, , ,640 7,430 18, , , ,643 9,758 24,123 2,093 2, ,

102 ,590 86, ,073 (84,467) (84,467) (28,327) (2,016) (30,343) 409, ,263 (579) (579) 30,932 30, , ,

103 ,722,000 3,172,000 20,000,000 23,310,000 84,467,00023,310,

104 ,616,000409,263,000 46,704,00044,052, % 7.1%6.5% 7% 3.5%3.5% %5% 103

105 , , , , ,071 4,837 5,203 4, (23) 104

106 17. 49% 16.7% 50,00025,50024, ,001,000 5,102 3,239 8,

107 ,474 5,876 15,942 6,403 19,416 36,740, ,020 24,812 (4,020) (22,458) 2,354 2,455 (101) 2,

108 22. 21,179 20, ,932 17, ,298 21,179 20,085 1,770,0003,651,

109 ,107 1,770 3, , (314) 113 (13) 2, ,185 8,365 6,152 9,

110 25. GDC Technology Limited GDC Tech 20,936 GDC Holdings Limited GDC Holdings Huayi Brothers International Investment LimitedGDC HoldingsGDC HoldingsGDC Tech29,779,777GDC Tech 11.38%GDC Tech ,379,000 25,986, ,823,822 GDC Tech 20,789,0005,955,955 GDC TechGDC Tech2.28% ,508,00020,936,000 5,955,955 GDC Tech 5,955,955 GDC Tech120,936,

111 26. 1,686 19, %2.6% ,766 1,653 3,418 3,080 5,184 4,

112 , ,653 2, ,515 17,052 a 30,798 14,302 2,489 2,634 1,163 1,669 b 18,007 16,741 15,558 14,229 11,095 11,055 92,625 77,682 (a) 27,530,000 11,264,000 3,268,0003,038, (b) 15,000,

113 ,823,822 GDC Tech5,955,955 GDC Tech GDC Tech 16,879,000 5,955,955 GDC Tech 5,955,955 GDC Tech1 16,879,000 41c 32. 2, , , ,792, ,000 8,112,0005,100,000633,000 2,443,000512,

114 33. 38,053 3,542 41,595 (540) (540) (2,463) (206) (2,669) 35,590 2,796 38,386 (145) , ,906 38,133 3,214 41, ,400,000,000 24,000 1,518,255,540 15,

115 ,312 15,800 65,502 60, , , , ,

116 36. 71,014 59, , ,221 49,812 18, , , ,392 7,

117 39. 10,321 10, ,681 10,

118 41. 41a. 20,936 1,686 19, , ,767 16,879 52,071 50,123 41b. (i) (ii) 117

119 41. 41b. 98%88% 21%11% 25%12% 118

120 41. 41b. % ,653 1,653 1,499 48,919 50,418 50,418 2,261 49,810 52,071 52,071 % 1,266 1,160 2,426 2,426 17,211 30,486 47,697 47,697 18,477 31,646 50,123 50,123 41c. 119

121 41. 41c. 20,936,000 GDC Tech 16,879,000 1,686,000 19,007,000 5,00035,

122 41. 41c. 201, % % % % GDC Holdings Limited 5,214, GDC Asset Management Limited

123 42. % % % % a 10,000,000 b 1,300, b 36,633, c 3,000,000 d 200,

124 42. % % % % b 1,000, c 15,000, c 2,000, c 1,000, c 10,000, (a) (b) (c) (d) 123

125 42. % % ,352 (31,881) 25,778 18,737 (696) (578) 25,082 18,159 68%32% 124

126 42. 14,206 17, , ,217 (380,981) (349,966) (40,625) (38,220) 54,778 39,816 25,778 18,737 46,714 44,060 (84,467) (579) (23,310) (29,410) (35,912) 16,725 (99,629) 11,373 (67,748) 5,352 (31,881) 16,725 (99,629) 125

127 42. 3,589 (4,513) 1,689 (2,126) 5,278 (6,639) 14,962 (72,261) 7,041 (34,007) 22,003 (106,268) 6,722 2, (11,185) (9,274) 7,453 (2,542) (1,204) ,779,000 46,253,000 17,797,

128 ,000,000 2,722,000 20,000,

129 ,641 1,215 1, ,183 15,183 (14,581) (14,878) , ,102 (305,995) (15,037) , ,102 (305,836) (14,878) , ,102 (305,539) (14,581) 128

130 160, , , , ,915 42,091 44,987 27,730 (89,692) (22,894) (8,993) (6,761) (2,559) (23) 33,098 38,226 25,171 (89,692) (22,917) (9,813) (5,607) (4,986) (5,602) (1,098) 23,285 32,619 20,185 (95,294) (24,015) 1,305,721 1,279,906 1,147, ,785 1,030,888 (303,480) (240,166) (150,125) (151,559) (155,133) 1,002,241 1,039, , , ,

131 % 9 100% 130

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