85,426,000 39,437,000 45,989, % 30,643,000 (79,340,000 ) 48,697, % 8,794,000 6,086,000 2,708, % 7,171,000 25,573,000 18,402,000 7

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1 CEFC Hong Kong Financial Investment Company Limited ,437,000 85,426, % 7,171,000 25,573,000 18,402, % 18.2% 29.9% 44,808,000 10,502,000 34,306, %

2 85,426,000 39,437,000 45,989, % 30,643,000 (79,340,000 ) 48,697, % 8,794,000 6,086,000 2,708, % 7,171,000 25,573,000 18,402, % 1,624,000 19,488,000 44,808,00010,502,000 34,306, % (i) (ii) New Seres CEFC Investment Fund LP 2

3 9,313, % 30,771,000 (i) (ii) 3

4 4 39,437 85,426 (32,266) (59,853) 7,171 25, ,087 (12,630) (11,273) (44,744) (28,277) (17) (516) 6 (49,460) (11,406) 7 4, (44,808) (10,502) (303) 303 (45,111) (10,199) 9 (2.65) (0.94) 4

5 10 24,925 27,198 1,756 1,806 5,000 87,656 87, ,860 1, , , ,771 9, ,168 52, , ,881 36,530 17,260 2,382 2,216 1,581 6, , , , , ,412 37,395 29,838 39, ,402 1,868 64,978 79, , , , ,705 5

6 , , ,900 16, , , , ,331 6

7 16, ,963 2,988 3,180 2,071 45, , (2,493) (2,493) 16, ,963 2,988 3,180 2,071 42, ,838 (44,808) (44,808) (303) (303) (303) (44,808) (45,111) 16, ,963 2,988 3,180 1,768 (2,072) 398,727 8, ,404 2,988 2, , ,152 (10,502) (10,502) (10,502) (10,199) 8, , ,159 16, ,963 2,988 2, , ,112 7

8 (40,068) 2,195 4,790 (2,344) (144) 175,292 (35,422) 175, ,736 59,188 (32,044) (98) (297) 129, ,990 8

9 1. Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands New Seres CEFC Investment Fund LP New Seres Runway Global Holdings Company Limited CEFC Hong Kong Financial Investment Company Limited 2. (a) 9

10 (b)

11 9 45,229 (2,493) 42,

12 3. 30,643 8,794 39,437 (30,068) 4,266 (25,802) 101 (23,742) (17) (49,460) 129, , ,107 79, ,934 61,108 2,341 63,449 1,758 65, ,

13 79,340 6,086 85,426 (10,347) 5,349 (4,998) 74 (5,966) (516) (11,406) 163, , , , ,762 69,651 2,323 71,974 7,457 79,431 1,118 1,

14 23,058 52,289 25,645 15,125 6,086 1,254 1,406 39,437 85,426 10% 14,822 15,136 6,331 * 4,925 * 4,337 * * 25,645 * 11,265 *10% 4. 14

15 5. 2, , ,266 59,853 2,471 1, (370) 14 5,000 7,021 2,877 36,806 27,136 15

16 (42) (5,349) (1,665) (4,652) (904) (i) (ii) 16.5% 16.5% (iii) 25% 25% 16

17 (iv) 10% 5% 5% (v) 15% 15% ,808,00010,502,000 1,690,000,000 1,115,082, ,000 5,639,000 17

18 11. 15,178 3,266 2, ,463 5,282 30,771 9, ,960 42,613 (269) 17,691 42,613 9,477 10,176 27,168 52,

19 0 30 3,230 6, ,631 10, , , ,437 1,760 17,691 42, , , , ,881 (1,868) 114, ,881 19

20 14. 27,140 23,044 5,272 14,351 32,412 37, ,181 11, ,367 2, ,621 3, ,576 2, ,395 3,564 27,140 23,

21

22 ,000,000, , ,690,000,000 16, (a) New Seres 3,358 (b) 4,617 2,520 22

23 79,340,000 30,643,000 48,697, % 8,794,000 6,086,000 2,708, % 7,171,000 25,573,000 18,402, % 18.2% 29.9% 1,624,000 19,488,000 23

24 8,794,000 6,086, % 100% (i) (ii) (iii) 12,630,000 11,273, % 1,357,000 (i) (ii) (iii) (iv) (v) 44,744,000 28,277, % 16,467,000 (i) New Seres (ii) 5,000,000 44,808,00010,502,000 34,306, % (i) (ii) 24

25 130,797, ,332, , , , , , , ,581,000 6,596,000 6,338,000 6,653,

26 5,000,000 26

27 ,806,000 27,136,000 27

28 New Seres CEFC Investment Fund LP New Seres New Seres New Seres 860,000, ,720,000 (i) 103, ,600 11, ,000 1,323 7, , ,274 1 (ii) 28,900 3,000 25, ,388 11, ,000 38, , ,649 76,071 28

29 1. 783, ,000, ,288,000 / 29

30 XV XV ,120, % 2 860,120, % 3 25,857, % 4 9,000, % 5,000, % 5 20,618, % 30

31 1. 860,120, %New Seres CEFC Investment Fund LP New Seres International Asset Management (Cayman) Limited 50% New Seres International Asset Management (Cayman) Limited 50% 40%60% 10% 1% 80% ,120, % New Seres CEFC Investment Fund LP New Seres International Asset Management (Cayman) Limited 50% New Seres International Asset Management (Cayman) Limited 50% 60% 33% 1% 20% 3. 25,857, %New Seres CEFC Investment Fund LP New Seres International Asset Management (Cayman) Limited 50% New Seres International Asset Management (Cayman) Limited 50% 60% 20% 4. All Divine Limited 9,000, ,618, %New Seres CEFC Investment Fund LP New Seres International Asset Management (Cayman) Limited 50% New Seres International Asset Management (Cayman) Limited 50% 60% 16% 31

32 XV XV % 336 New Seres CEFC 1 860,120, % Investment Fund LP New Seres International 2 860,120, % Asset Management (Cayman) Limited 3 860,120, % Shanghai Chengyi Corporate 4 860,120, % Management Partnership (Limited Partnership)* ( ) * 32

33 Shanghai Chengyi Business 5 860,120, % Consulting Company Limited* ( ) 6 860,120, % 7 860,120, % 8 860,120, % 9 860,120, % ,120, % ,120, % ,120, % ,120, % ,120, % 33

34 15 860,120, % Yi Qianru ,120, % ,120, % ,120, % ,120, % 114,362, % 20 Favor Way Investments ,000, % Limited 87,000, % 1. New Seres CEFC Investment Fund LP 2. New Seres International Asset Management (Cayman) Limited New Seres CEFC Investment Fund LP 50% 34

35 3. 50% 50% 4. 1%10%33% 20% 5. 80% 20% % % 6.17%4.93% 1.23% % % % % 49% 1% 12. New Seres CEFC Investment Fund LP 100% % Gain Sun Ventures Limited 14.26% 35

36 % 32.41% 13.45% % 16. Yi Qianru % ,362,000 (i) 4,362,000 (ii) Favor Way Investments Limited 110,000,000 Delta Wealth Finance Limited 114,362,000 XV

37 60,000, % 14 37

38 13.51B(1) B(1) 38

39 10 39

A 20%

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% % CHINA GREENFRESH GROUP CO., LTD. * 6183 2015 12 31 2015 12 31 2014 762.12216.45 39.67 276.47 78.5939.72 261.11 54.7226.51 37.8234.26 1 217.7342.64 24.36% 256.73 2014 37.50% 49.2 20.00 17.00 2 2015 12 31

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