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1 WEST CHINA CEMENT LIMITED (a) (b) (c) (d) (e) 322(1) (f) (g) (h) (i) (j) (k) S (l) (m)

2

3 9.6 61% % 26.0% 32.4% 24.5% 21.4% 36.0% 31.2% 37.3% 24.8% 22.0% 20.7% 17.1%

4 (1) (2) , (1) (2)

5 , % % % % 75.8% 69.9%

6

7 (1)... (2) (4) (5)... (3) (2) (3) (2) (2) (6)... (2) (7) (1) (2) (3) (4) 0.7 (5) (6) (7)

8 (2) (1) (3) % 100.0% 100.0% (4) % 90.9% 100.0% (5) 1.3 (7) 86.7% (6) 0.2 (8) 68.6% (9) (10) (1) (2) (3) 300,000 (4) 12 (5) 200,000 (6) 248,000 (7) (8) (9) (10) (11)

9 (3) (1) (2) 1.3 1,078 85, ,120 59, ,754 69, , ,635 (2) ,007 (4) 0.6 2, , ,200 13, ,200 27,937 (1) (2) (3)

10 (4) 100,

11

12 ;

13 , ,064.9 (i)(ii) , ,466.0 (i) (ii) 50 (iii) 300

14 (i) (ii) (iii)(iv) (i) BVI(ii)BVI(iii) BVI (i)(ii) (iii)

15 BVI

16

17 ,000,000, %

18 ,000,000 10,000,000,

19

20 , ,126 1,516, , , (350,165) (556,073) (878,087) (198,537) (429,710) , , , , , (9,796) (12,018) (15,064) (4,745) (6,082)... (29,038) (55,224) (77,846) (16,778) (24,912) (1)... 35,708 40,617 71,526 8,546 28, ,273 (184) (1,057) 50 (513) , , , , , ,572 2,600 1, (168,451)... (26,210) (28,115) (73,830) (39,855) (58,582)... (24,638) (25,515) (241,091) (39,508) (58,444) , , ,147 98, , (11,566) (44,687) (7,626) (29,798) , , ,460 90, , , , ,460 90, , , , ,460 90, , ,220 (2) (3) (1)

21 (2) (3) ,507 1,540,533 2,611,502 3,128, ,806 76, , , ,500 27,907 46,373 45, ,104 64, , ,540 13,540 1,017,177 1,645,759 2,861,090 3,430, ,653 81, , , , , , , ,997 37, ,258 53, ,336 35,999 19,582 9, , , , , ,218,617 1,926,073 3,673,579 4,019, ,811 96,811 97,623 98, , , , , ,228 6,708 5, (341,304) (341,304) (341,304) (341,304)... 36,420 63, , , , , , , , ,084 1,270,226 1,434, ,000 26, , ,084 1,295,226 1,460,925

22 ... 63, , , , , ,265 6, ,079 8, ,487 17, , ,539 77, , , , , , , , ,639 35, , ,184 1,288, , , ,695 1,886,902 1,653, , ,989 2,378,353 2,558, ,218,617 1,926,073 3,673,579 4,019, (257,449) (258,381) (1,074,413) (1,064,857) ,728 1,387,378 1,786,677 2,365, , , , , , (355,395) (667,923) (847,503) (250,590) (373,978)... 22, , ,047 82,460 (180,128)... (162,392) 7, ,220 61,106 (292,534) 192,389 29,997 37,038 37, ,258 29,997 37, ,258 98,144 53,724

23 (1) (1) 11.18

24 BVI 4,00012

25 % BVI [ ] [ ] ( Credit Suisse International

26 50 50

27 [ ] [ ]

28 D % 38.33% 3.33% 3.33% 3.33% 0.83% 0.42%

29 0.002 D Credit Suisse International

30 BVI BVI %

31 *

32 310 35%

33 % 90% 5%

34

35 13.6% 35.1% 8.7% 30.1% % , % % % 69.9%

36 % 77.3% 49.5% 55.5% %

37 % 41% 50% 49% ,648.91, ,074.41,064.9

38 12 1, % BVI (i) BVI(ii)BVI (iii) BVI

39 21.4% 36.0% 31.2% 37.3% % 22.0% 20.7% 17.1%

40 % 6.7% 8.5% 6.4%

41 34.0% 26.0% 32.4% 24.5% (i) (ii) (iii) (iv) (i)(ii)

42 50% 16 25% 15% % 10%

43 % 15.9% 19.7% 16.3% % G20 (i) (ii)(iii) (iv)(v)

44 45.69% 50%

45

46

47 (1) (2) (i) (ii)(iii)

48 GB , ,000

49 500,000

50 25%

51 10% 10% H 10%

52 1% 3,562,000 1% 6,634,000 1% 6,742,000

53 H1N1

54 A A E

55 Memery Crystal LLP 44 Southampton Buildings London WC2A 1AP United Kingdom Carey Olsen 47 Esplanade St Helier Jersey JE1 0BD 22

56 979 17

57 A Esplanade St Helier Jersey JE1 0BD HKICPA, FCCA Computershare Investor Services (Channel Islands) Limited Ordinance House 31 Pier Road St Helier Jersey JE4 8PW 44

58 (PO)(PS)(PC) 32.5R 42.5R 52.5R 15% 50%

59 (1)(2) (3) (4) 2,7001,450

60

61 % 63.0% 211, , % 109, , % 1,6291, %1, % 9.6%10.0% 13.0% %

62 (%)... 21, , , , % (%) % 13.0% 9.6% 8.7%... 10, , , , % (%) % 24.8% 25.5% 30.1%... 1, , , , % (%) % 9.7% 2.9% 16.4%... 1, , , , % (%) % 10.2% 1.8% 18.4% 4

63 31.3% % 14.1% 17.1% 22.1% 32.8% 44.9% 48.8% 55.0% 63.0% 200,000 70% 30%

64 5,000 2,0002, % 10% 30

65 % 60% 80% % 80% 15% 15.6%9.6% 6, % 30.1%

66 3G % % 14.4% 15.6% 13.6% 23.2% % 13.0% 9.6% 8.7% 16.5% % % 39.5% 32.8% 35.1% 35.8% % 24.8% 25.5% 30.1% 26.8% % % 27.4% 19.2% 24.1% 23.5% % 9.7% 2.9% 16.4% 9.5% % % 28.3% 10.3% 26.7% 21.5% % 10.2% 1.8% 18.4% 9.9% % 9.5% %9.9%

67 % % % % % % % % % %

68 40% 1570%... 3, , , , , , , , , ,500

69 , % 7 1 3, , , , , , , % %

70 ... 9,880 3,280 6, ,530 1,850 3, , , ,750 3,220 2, ,900 1, ,950 1,750 1, ,630 6,500 9,140 ( 124, ,000

71 2005(i) 4,000 2,000 (ii) 100 (iii)2,000 1, ,000 20

72 4,000 2,000 2,000 2,000 70% 75,0002,000 3, ,000

73

74 ,000

75

76 ,000 1,000 = x x

77 259 2% 50%

78

79

80 25%

81 10% 25% 5%10% 25% 10% (1) (2) (3) 12 5%5% 15%

82 70% 15% 17% 30% 100% < > (1)(2)

83 (3) (4) 30%

84 1% 5%

85 75

86 10% 50%

87

88 , % , % , % , % , %... 2, %... 2, %... 20, %... 10, %... 10, %... 2, %... 4, %... 2, %... 1, %... 1, %... 4, %... 1,104, % 13

89 833,550 (i) 21.58% 238,200(ii) 10.03% (iii) 0.91%10,000(iv) 0.18% 2,000(v) 1.81% 20,000(vi) 1,861, ,494, % , % , %... 10, %... 4, %... 2, %... 1, %... 1, %... 4, %... 10, %... 20, %... 2,965, % 10

90 18,390,000 18,407,400 70,000 70, ,000 2, , , ,000

91 ,000, ,470, %... 1,861, % , %... 62, %... 24, %... 12, %... 6, %... 6, %... 24, %... 62, % , %... 1,750, % , %... 1,000, % , % , %... 7,430, %... 30,000, % 18,390,000 18,407,400 2,180,000 2,192,300

92 30,000,000 60,000, ,487, %... 3,804, %... 2,289, % , %... 52, %... 25, %... 63, %... 15, %... 52, % , % , %... 1,925, % , %... 1,100, % , % , %... 20,296, %... 60,000, % (i)3,000, (ii) 14,876,900(iii) 8,350,000(iv)3,773, ,800,00031,200,00060,000, ,000, %

93 753, ,558, %... 1,925, % , % , %... 5,689, %... 4,777, % , % , %... 46, % , %... 50, %... 91, % , % , %... 8,694, %... 3,024, %... 2,915, % , % , % , % , % , % , % , % , % , % , %... 8,750, %... 2,223, %... 1,855, %... 1,207, % , % , % , % , %... 45, % , % , % , % , % , %... 1,000, %... 70, %

94 ... 2,000, %... 1,000, %... 30, % ,000, % (i) 1.83% 0.92% 0.39% 1,925, , ,500(ii) % 0.03% 0.17% 0.04% 50,575 28, ,000 46,500(iii)0.53% 550,000(iv) 0.06% 63, ,558, %... 5,689, %... 4,777, % , % , % , % , % , %... 12,295, %... 3,024, %... 2,915, % , % , % , % , % , % , % , % , % , % , %... 8,750, %

95 ... 2,286, %... 1,855, %... 1,207, % , % , % , % , %... 45, % , % , % , % , %... 1,000, %... 70, %... 2,000, %... 1,000, %... 30, % , % ,000, % 39 (i) 11.71% 8.33%(ii) %43,824, ,011,347 10% 13,000,000127,011,347 90% 10%

96 BVI BVI BVIBVI BVI42,735, BVI 425,000, ,000,000 10,000,000 90% 6% 4% 6% 4% 135,000,000345,000, ,000, ,000,000140,000,000

97 35,000, ,000,000 21,000,000 84,000, ,000,000 80% 20% 100,000,00050,000,000 50,000,000 25,000, ,320,900(i) ,320,900(ii) 200,000,000165,320,900 25,000, ,320,900 [ ] [ ] 75,000,000 50,000,000

98 80% 20% 20%25,000,000 10,000,000 20,000, ,699, , %

99 AS 1 BVI %80% 20% [ ] 10% 50,000 50,

100 50,000 50, ,273, % 6.49% 2,830, % % 10,000 10, Ready- Made Incorporations Limited Ready-Made Incorporations Limited1.00 1BVI BVI BVI 5% 5%

101 本網上預覽資料集為草擬本 本網上預覽資料集所載資料並不完整 並可予更改 本網上 預覽資料集必須與其封面 警告 一節一併閱讀 歷史 重組及企業架構 根據中國西部BVI 作為賣方 與集誠 作為買方 於二零一零年三月一日訂立的股權轉讓 協 議 中 國 西 部 BVI以 代 價 人 民 幣 530,000,000元 轉 讓 其 於 陝 西 堯 柏 持 有 的 全 部 股 權 予 集 誠 代價乃經參考陝西堯柏的註冊資本釐定 並以集誠按溢價向中國西部BVI配發及發行99 股入賬列作繳足的股份支付 於二零一零年四月十六日完成轉讓後 陝西堯柏由集誠全資 擁有 下圖載列本集團緊隨重組及Anthony Schindler先生及Simon Waxley先生於最後實際可 行日期行使部分AS認股權證後 但於[ ]完成前的企業及股權架構 附註1 科信及中耀各自的主要業務均為投資控股 附註2 本公司 中國西部BVI及集誠各自的主要業務均為投資控股 附註3 陝西堯柏 藍田堯柏 安康堯柏 漢中堯柏 勉縣堯柏 秀山堯柏及西鄉堯柏各自的主要 業務均為生產和銷售水泥 附註4 西安堯柏的主要業務為批發原材料 附註5 龍橋堯柏由陝西堯柏及陝西丹水 就其於龍橋堯柏的20%權益而言屬關連人士 分別擁有80% 及20%權益 根據[ ] 由於本公司關連人士 在本公司附屬公司層面除外 於最後實際可行 日期在龍橋堯柏股東大會上概無持有10%或以上投票權 故龍橋堯柏並非本公司的關連人 士 龍橋堯柏的主要業務為生產和銷售水泥 99

102 [ ] Robert Sinclair RobertsonBrett Lance Miller Robert Sinclair RobertsonBrett Lance Miller Robert Sinclair RobertsonBrett Lance Miller Robert Sinclair RobertsonBrett Lance Miller Sino Vanadium Inc. Sino Vanadium Inc. Sino Vanadium Inc.Sino Vanadium Inc ,000,000, [ ] [ ] (A) 2.0

103 %(a) [ ] 2450% 36 50%(b) (a) (b) 50% 20,625476, ,750(C) % 7,802,142 36

104 19% (i)bvi (ii) BVI(iii) BVI(iv) BVI (v) BVI(vi) (vii) BVI (viii) 7,802, % 30,187, ,802,142 10%5%

105 (B) [ ] 7 19,393,776[ ] 29.45% (C) [ ][ ]50%

106 51 [ ] (i)bvi (ii)bvi (iii)(iv)bvi (v) (vi) 19,393,776[ ]29.45% [ ] (a) (m) (b) (i)bvi (ii)(iii)

107 (iv) (v) (vi) (vii) (viii) (c) (d) (e) (a) (b) 51% 51% 51%

108 (f) (g) (h) (i) (j) (k) (l) (i)

109 (ii) (i) (A) (B) (1) (2) (x) (y) (z) (I) (II) (a) (b) (c) (d) (e) (f) (g) (h) (i) (a) (h)

110 (a) (b) (c) (d) (A) (B) (1) (2) (C) (e) (f)

111 (g) (A) (B) (h) (i) (j) (k) (l) 330,000,000/ (m) (m) (A)1,125,000,000(B) (C) EBITDA (i) (ii)(iii) (iv) (v)

112 EBITDA EBIT EBIT (i)(ii) (iii) (i) (ii)(iii) 15 (m)

113 (a) (b) (c) (d) (a) (d)10,000,000 (a) 15(b) Eastbank Consulting LLP Anthony SchindlerInsinger de BeaufortInsinger de Beaufort Eastbank Consulting LLP Anthony Schindler Eastbank Consulting LLP Eastbank Consulting LLP 13,3286,666Eastbank Consulting LLP 13,332 Anthony Schindler 420, AS ASAS [ ]AS[ ] 0.51%420,000 AS(a)100,000 AS Insinger de BeaufortAnthony SchindlerInsinger de Beaufort AS Anthony Schindler AS 1.05(b) 320,000 ASAnthony Schindler AS1.577 Anthony Schindler100,000 AS

114 AS1.05Anthony SchindlerAnthony Schindler [ ][ ]ASAS (i)as[ ] (ii)Anthony Schindler230,000AS Anthony SchindlerAS11,500,000 AS [ ]AS AS Simon Waxley Anthony Schindler Anthony Schindler 90,000 AS Simon Waxley Simon Waxley ASAS 1.577Simon WaxleyAnthony Schindler AS Anthony Schindler Anthony Schindler BVI [ ]

115 [ ]

116 9.6 61% % 26.0% 32.4% 24.5% 21.4% 36.0% 31.2% 37.3% 24.8% 22.0% 20.7% 17.1%

117 , % % % % 75.8% 69.9%

118 10

119 13.6% 35.1% 8.7% 30.1% %

120 8.0% 6.1% 10.0% 6.4%

121 % 20

122

123 5.0% 3.5% 5.0% 3 17 PO42.5 (42.5) 22(42.5R) 23 PO42.5R (52.5) 27(52.5R) 28 PO R PO52.5R R3 3.5(42.5) R (52.5R) R R) 3.5% 6.0% 3 10 (32.5) R PC ) 19(42.5R) 28 PC32.5R R PC R3 PC42.5R 2.5(32.5) R (42.5R) R R 3.5% 5% PMH

124 3.5% 5% PLH % 5% PSLH % 5% PR

125 (1)... (2) (4) (5)... (3) (2) (3) (2) (2) (6)... (2) (7) (1) (2) (3) (4) 0.7 (5) (6) (7)

126 (2) (1) (3) % 100.0% 100.0% (4) % 90.9% 100.0% (5) 1.3 (7) 86.7% (6) 0.2 (8) 68.6% (9) (10) (11) (1) (2) (3) 300,000 (4) 12 (5) 200,000 (6) 248,000 (7) (8) (9) (10) (11)

127 200, ,000PC32.5 PO % PO42.5 PC32.5 PC32.5R 100% 1.1

128

129 ,4501,

130 110 ERP70 1,5002,500 (1)(2) (3) (4)

131 34.0% 26.0% 32.4% 24.5%

132 (3) (1) (2) 1.3 1,078 85, ,120 59, ,754 69, , ,635 (2) ,007 (4) 0.6 2, , ,200 13, ,200 27,937 (1) (2) (3) (4) 100,000

133

134 21.4% 36.0% 31.2% 37.3% % 22.0% 20.7% 17.1% 16, ,000

135 49.2% 59.8% 35.6% 50.6% 15.7% 16.4% 8.8% 32.7% 5%

136 1.71.1

137 (1) (2) , (1) (2)

138 % 38.0% 21.9% 3,9006,60016,80021, %

139 25.0% 19.2% 13.4% 12.4%6.6% 4.8% 7.1% 4.1% (i) (ii)(iii) %

140 ,000

141

142 50% 2*2500 1*5000

143 yaobo.com.cnce08b-ym/ ty ghwestchinacement.com ISO-9000 GB/T GB/T

144 OHSAS

145 ,000290,000

146 2, , ,

147 (1) (2) 221,650,482 81, , ,801

148

149 (1) (ii)(iii)(iv) ISO14001

150 % 25% 1.0

151 7,802, % 30,187, ,802,142 10% 5%168,500,000

152 168,500,000 (i) (ii)

153 (i) (ii) (iii) (iv)

154 Memery Crystal LLP NCB Stockbrokers Limited

155 (1) (2) (1) (2) (2)

156

157 (1) (1) (1) (1)

158 NCB Stockbrokers Limited

159 (2) 3A.19 (1)

160 (2)... Nineyou International Limited

161 45.69% 5%

162 (i) (ii) (iii) (iv) (v) 19,393, % ,393, %

163 140,320,900 50%50% 80% 20% (i) (ii)

164 BVI 25

165 Systematic Business Training Centre PricewaterhouseCoopers Consulting Sdn Bhd (Tan Choon Chye & Co.) BDO International BDO LondonPKF (UK) LLP ACCA 10

166 49 42 Sino Vanadium Inc. Taihua PLC 55 Kingston University of TechnologyKingston Polytechnic Curtin University of Technology 29 Sino Vanadium Inc. 49

167 28 Bull Capital Partners Ltd. 61 Concordia University

168

169 Curtin University of Science and Technology 10 HSBC International Trustee Limited

170

171 3,733,000 2, , ,

172

173 10,000,000, ,000,000 3,292,411, ,584, D.

174 ,000,000 10,000,000,

175 ... 8,193, , ,066,320 25, ,500 16, ,167, , ,688, , ,024, , ,352,245 95, ,022, , ,961, , ,126, , ,915, , ,131,393 91, ,679 26, ,181,361 41, ,048 8, ,320,436 31, ,296, , ,006,273 99, ,467, , ,620,748 62, ,182,364 46, ,226, , ,292,635 20, ,471, , ,554,278 67, ,626, , ,995, , ,206, , ,469, , ,165, , ,590, , ,548, , ,255, , ,252, , ,438, , ,364, , ,506, ,949

176 ... 7,337, , ,625, , ,499,583 1,733, ,271,220 1,884, ,688,098 1,195, ,423, , [ ] [ ] ,000,000 10,000,000,

177 , ,126 1,516, , , (350,165) (556,073) (878,087) (198,537) (429,710) , , , , , (9,796) (12,018) (15,064) (4,745) (6,082)... (29,038) (55,224) (77,846) (16,778) (24,912)... 35,708 40,617 71,526 8,546 28, ,273 (184) (1,057) 50 (513) , , , , , ,572 2,600 1, (168,451)... (26,210) (28,115) (73,830) (39,855) (58,582)... (24,638) (25,515) (241,091) (39,508) (58,444) , , ,147 98, , (11,566) (44,687) (7,626) (29,798) , , ,460 90, , , , ,460 90, , , , , ,460 90, ,294 (1)(2) (1)(3) (1) (2)

178 (3)... 1,017,177 1,645,759 2,861,090 3,430, , , , , , , , , , ,695 1,886,902 1,653, (257,449) (258,381) (1,074,413) (1,064,857) ,728 1,387,378 1,786,677 2,365, , ,084 1,270,226 1,434, ,000 26, , , , , , (355,395) (667,923) (847,503) (250,590) (373,978)... 22, , ,047 82,460 (180,128)... (162,392) 7, ,220 61,106 (292,534) ,389 29,997 37,038 37, , ,997 37, ,258 98,144 53,724

179 , , , , , , ,398 3,448 5,075 1,204 2,308 (1) (2) (1) (i)(ii) (2) (i)(ii)

180 , % % % % 75.8% 69.9%

181 35.1% % 75.1%

182 % 45.9% 72.5% 67.8% 31.2% 51.2% 75.4% 71.2%

183 21.4% 36.0% 31.2% 37.3% % 22.0% 20.7% 17.1%

184 (1) (2) (3) , ,126 1,035, , , , , , ,126 1,516, , , , , , , ,944 28, , , , , % 35.8% 48.0% 38.3% % 29.5% 26.4% % 35.8% 42.1% 36.4% (1) (2) (3) %

185 % % 25% 50% ,

186 % % % , , , , , , , , , ,

187 % % , (1) , , (1) (2) (i)(ii) (3) (i)(ii) , PO32.5R PO32.5R

188 PO32.5R (i) (ii) , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

189

190 % 36.0% 31.2% 36.0% 37.3% % % 22.0% 20.7% 17.1%

191 % 35.8% 42.1% 36.4% 43.2% 36.4% % % % % %... 2, , , , , , , , , , , , , , , , , , ,

192 % 1.4% 1.0% 0.9% % % % % %... 11, , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

193 % 6.4% 5.1% 3.7%... 30,528 39,167 65,035 6,683 25, ,180 1,450 6,491 1,863 3, ,708 40,617 71,526 8,546 28, ,981 1,153 1, (689) (1,499) (825) (5) (390)... (425) (74) (2,733) (417) , ,273 (184) (1,057) 50 (513)... 37,981 40,433 70,469 8,596 27,

194 % 46.1% 49.7% 42.7% Credit Suisse International

195 , , ,147 98, ,092 (1)... 49,590 64,432 93,787 24,612 46, , (53,750) (59,654) (101,429) (26,688) (28,252)... (3,772) (4,355) (2)... 4,160 2,536 56,070 9,702 10, , ,566 44,687 7,626 29,798 (1) 33% 25% 25% 25% (2) % 11.9% 16.2% % 28.4% 21.8% 22.8%6.6% 168.5

196 BVI 25% 50%

197 16 25% 15% 25% 10%

198 5%

199 (a) (b)

200 60 Credit Suisse International 19% 30

201 (i)(ii) (iii)

202 , ,126 1,516, , , (350,165) (556,073) (878,087) (198,537) (429,710) , , , , , (9,796) (12,018) (15,064) (4,745) (6,082)... (29,038) (55,224) (77,846) (16,778) (24,912)... 37,981 40,433 70,469 8,596 27, (24,638) (25,515) (241,091) (39,508) (58,444) , , ,147 98, , (11,566) (44,687) (7,626) (29,798) , , ,460 90, ,294

203 % % % % 56.8%63.6% 36.0% 37.3% 10.1%13.5% % 43.2% 36.4% % %0.7

204 % 1.4% 0.9% % % % % 4.8% 3.7% % %

205 %15% % , % % % % 64.2% 57.9%36.0% 31.2% 22.0% 20.7%

206 % 35.8%42.1% % 1.4% 1.0% % % % % 6.4% 5.1% % % % %

207 Credit Suisse International60.0Credit Suisse International % % 7.5% % % % %

208 % 66.6%64.2% 21.4%36.0% % 33.4%35.8% % % 1.4% % % % % 5.5% 6.4% % % %

209 % % 8.0%15.0% % % 15% %

210 , , , , , (355,395) (667,923) (847,503) (250,590) (373,978)... 22, , ,047 82,460 (180,128)... (162,392) 7, ,220 61,106 (292,534) ,389 29,997 37,038 37, , ,997 37, ,258 98,144 53, , , , , , (25,205) (386) (27,869) 96,166 29, , , , , , (25,176) (26,617) (57,975) (21,540) (40,954)... (19,087) (5,425) (32,721) , , , , ,572

211 171.0 (i)150.3(ii) 56.0 (iii) (i)30.3(ii) 29.2 (iii) (i)257.7(ii) (iii) 61.1(i)35.9(ii) 14.7 (iii) (i) 375.1(ii) (iii) 59.6(i)52.6 (ii) (i)98.4(ii) (iii) 195.0(i) 58.8(ii)22.9 (iii) (i) 184.1(ii) 58.4(iii) 62.9 (iv) 108.3(i) 62.6(ii)14.7

212 (i)600.0 (ii)120.9(iii) ,

213 , , , , ,382 1,

214 , , , , , ,400 85, , , , , , , , , , ,462 85,682 87, , ,469 1,495,126 1,444,994 1,510, ,953 15,784 92, , ,000 18,000 18, ,000 3,000 3, ,953 15, ,800 21,000 21, , ,253 1,648,926 1,465,994 1,531,641 1,648.91,466.01, ,495.11,445.01,

215 , , , , , , , , ,469 1,495,126 1,444, % 8.44% 7.27% 7.12% % 12.94% 6.64% 80% 20%

216 % % % ,442.8

217 1, , (i) (ii) (iii) ,393,776 19,393,776

218 1, ,165

219 ... 45,653 81, , , , , , , , , ,997 37, ,258 53,724 48, ,336 35,999 19,582 9,415 9, , , , , , , , , , , ,639 35,715 41, , ,184 1,288, ,658 (1) 779,700 (1) , ,695 1,886,902 1,653,823 1,624, , ,381 1,074,413 1,064,857 1,021,372 (1) , , ,288.9(i) (ii) Credit Suisse International55.0

220 (iii) (iv) (v) Credit Suisse International % 111,355 3,366 (i) %50% (ii)52.0 (iii) 18.0

221 % (i)(ii) 5% 7%500, ,000 1, , , , ,

222 12 (1) (2)... 29% 41% 50% 49% (1) (2) ,

223 % 41% 50% 49% 29%41% 41% 50% 49% (i)(ii) (iii)(iv) 1, ,506

224 ... 28,856 51,719 81,751 87, ,515 18,585 23,618 40, ,411 13,332 25,739 17, ,782 83, , , (2,129) (2,129) (2,129) (2,129)... 45,653 81, , ,633 (1)(2) (1) 365 (2)

225 %... 56,006 69,291 95,676 92, (2,800) (3,465) (4,881) (4,881)... 53,206 65,826 90,795 87,717 (1)(2) (1) 365 (2)

226 ,209 45,340 64,220 63, ,189 12,651 9,198 15, ,801 4,880 6,947 6, ,607 2,923 11,365 3, ,200 3,497 3,946 3,030 56,006 69,291 95,676 92, ,331 15,578 12,731 12, ,290 6,742 6,723 11, ,342 4,091 12,045 3, , , ,998 26,918 31,499 33, % 38.8% 32.9% 36.5% %

227 ... 24,929 28, , , ,969 25,675 66, , ,350 5,719 5,370 10, %

228 % (4,007) (2,800) (3,465) (4,881)... (1,776) (691) (1,416) , (2,800) (3,465) (4,881) (4,881)... (191) (414) (370)... (191) (486) (190) (191) (414) (370) (370)

229 ... 57,532 83, , ,577 (1)(2) (1) 365 (2) % %

230 (i) (ii) ,000 15, , , ,000 6, ,057 22,959 56,920 91, ,894 9,219 17,204 15, ,932 3,007 2, ,000 32,021 32,288 19, ,771 43, , , ,307 55,255 10,472 27, , , , ,

231

232 (A) 4.8% 5.9% (0.7)%

233 ,454 24,598 24, , ,391 5, ,744 32,834 21, , ,659 15, ,755 3, , ,497 5, , ,380 14,572 36, ,593 5,378 19, ,751 50,693 9, , ,766 2, , ,

234 , ,153 13, , ,507 1, , ,984 17, , , , ,216 8, , , ,049 1,614, , , , ,784 10, , , ,539 1,820, , , ,813 12, % 3,562,000 1% 6,634,000

235 7.78% 8.44% 7.27% 7.12% 20.23% 12.93% 6.64% 11.82% 11.64% 9.16% 3.09% 10%

236 ,353 28,000 35, , , , ,900 11, , ,780 29,900 46, , , , , ,593 46, , , ,700 7, , , ,169 7, ,014, ,288, , ,000 1,678, , , ,860 3, ,047 1,821, , , ,289, , , ,000 1,483, , , ,993 3, ,693 1,598, , ,700 2,468,017

237

238 (i) (ii) ,393,

239 1,037.1

240

241

242 (B) (C)

243 3.340 [] I III II1 PKF (UK) LLP PricewaterhouseCoopers LLP II1

244 3.340 I III I II2

245 I ,507 1,540,533 2,611,502 3,128, ,806 76, , , ,500 27,907 46,373 45, ,104 64, , ,540 13,540 1,017,177 1,645,759 2,861,090 3,430, ,653 81, , , , , , , ,997 37, ,258 53, ,336 35,999 19,582 9, , , , , ,218,617 1,926,073 3,673,579 4,019, ,811 96,811 97,623 98, , , , , ,228 6,708 5, (341,304) (341,304) (341,304) (341,304) ,420 63, , , , , , , , ,084 1,270,226 1,434, ,000 26, , ,084 1,295,226 1,460,925

246 , , , , , ,265 6, ,079 8, ,487 17, , ,539 77, , , , , , , , ,639 35, , ,184 1,288, , , ,695 1,886,902 1,653, , ,989 2,378,353 2,558, ,218,617 1,926,073 3,673,579 4,019, (257,449) (258,381) (1,074,413) (1,064,857) ,728 1,387,378 1,786,677 2,365,268

247 , , , , , , , , ,026 44,078 44, ,391 4,200 27,758 2, ,659 14, , , , , ,037 1,127,843 1,274,976 1,211, ,811 96,811 97,623 98, , , , , ,228 6,708 5, (26,145) (50,705) (211,977) (263,254) , , , , ,269 77, , , ,177 77, , ,507 8,216 10,790 12, , ,658 1,507 8, , , , , , , ,037 1,127,843 1,274,976 1,211, , , , , ,530 1,119, ,118 1,027,659

248 , ,126 1,516, , , (350,165) (556,073) (878,087) (198,537) (429,710) , , , , , (9,796) (12,018) (15,064) (4,745) (6,082) (29,038) (55,224) (77,846) (16,778) (24,912) ,708 40,617 71,526 8,546 28, ,273 (184) (1,057) 50 (513) , , , , , ,572 2,600 1, (168,451) (26,210) (28,115) (73,830) (39,855) (58,582)... (24,638) (25,515) (241,091) (39,508) (58,444) , , ,147 98, , (11,566) (44,687) (7,626) (29,798) , , ,460 90, , , , ,460 90, , , , ,460 90, , , (a) (b)

249 ... 96, ,370 (341,304 ) 4,646 20,463 88, , , , , , ,957 (15,957 )... 1,962 1,962 1, ,266 (1,380 ) 6,506 6, , ,636 (341,304 ) 5,228 36, , , , , ,636 (341,304 ) 5,228 36, , , , , , , ,743 (26,743 )... 1,480 1,480 1, , ,636 (341,304 ) 6,708 63, , , , , ,636 (341,304 ) 6,708 63, , , , , , , ,977 (54,977 )... 1,161 1,161 1, ,139 (2,430 ) 8,521 8, ,000 25, , ,775 (341,304 ) 5, , ,553 1,270,226 25,000 1,295, , ,074 1, , ,011 15,147 (5,038) 11,120 11, , ,922 (341,304) , ,627 1,434,705 26,220 1,460, , ,636 (341,304) 6,708 63, , , ,823 90, ,669 (317) 1, , ,305 (341,304) 6,719 63, ,893 1,022,730

250 , , , , , (25,176) (26,617) (57,975) (21,540) (40,954)... (19,087) (5,425) (32,721) , , , , , , , ,572 1, (120,922) (100,000)... (345,515) (603,246) (599,998) (250,930) (374,800)... (1,124) (61,731) (27,398)... 8 (12,500) (4,107) (1,807)... 9 (80)... (355,395) (667,923) (847,503) (250,590) (373,978)... 6,506 8,521 1,495 11, , ,104 1,066, , , ,162 10,031 8, (21,768) (11,663) 16,417 4,221 10, (162,354) (260,400) (302,848) (103,000) (598,447)... (36,362) (11,200) (53,167) (1,167) (132,800) (206,455)... 22, , ,047 82,460 (180,128)... (162,392) 7, ,220 61,106 (292,534) ,389 29,997 37,038 37, , ,997 37, ,258 98,144 53,724

251 II Esplanade, St Helier, Jersey JE1 0BD 4 A1903 % % (a) 7, % BVI % (b) 100% * 530,000, % * 100,000, % * 345,000, % * 135,000, % * 140,000,000

252 % % 100% * 35,000, % * 21,000,000 80% 75,000,000 (c) 100% * 20,000,

253 ,449, ,381,000 1,074,413,000 1,064,857, (a)

254 (b)

255 2.4 (a) (b) 2.5 (a) (b)

256 2.9 (a) (b)

257 2.8 (a) (b) (c) 2.9

258

259

260 (a)

261 (b) (c)

262 (a) (b)

263 3.1 (a) (i) 1% 3,562,000 1% 6,634,000 1% 6,742,000 (ii) 19 19

264 10% 2,214,000 2,567,000 2,649,000 2,042,000 (b) (c)

265 ,353 28,000 35, , , , ,900 11, , ,708 29,900 46, , , , ,060 46,593 46, , , ,700 7, , , ,169 7, ,014, ,288, , ,000 1,678, , , ,860 3, ,047 1,821, , , ,289, , , ,000 1,483, , , ,993 3, ,693 1,598, , ,700 2,468,

266 , ,161 1,648,926 1,465, (54,333) (73,037) (365,840) (63,139) , ,124 1,283,086 1,402, , ,084 1,295,226 1,460, ,261 1,566,208 2,578,312 2,863, % 41% 50% 49%

267 4. (a) (b) (c) 2.8 (d)

268 (e) (f) (g) (h) 21 (i) 5.

269 ,305 4,503 2, ,250 20, , , (39,452) (1,108) (945) (55,973) (2,302) (99,780) ,853 3,395 1, ,277 17, , , ,853 3,395 1, ,277 17, , , , ,653 9,389 (481,366) ,795 3,096 3,568 17, , , (1,356) (381) (537) (323) (2,597)... (13,199) (1,153) (693) (28,873) (1,188) (45,106) ,885 9,656 3, ,302 43, , , ,670 11,296 4, ,031 46, ,504 1,103, (51,785) (1,640) (1,581) (83,729) (3,490) (142,225) ,885 9,656 3, ,302 43, , , ,885 9,656 3, ,302 43, , , , ,456 (68,748) , ,363 15, , , (183) (29) (212)... (16,597) (1,591) (844) (41,014) (2,553) (62,599) ,345 10,113 2, ,078 56, ,939 1,540, ,727 13,103 5, ,809 62, ,939 1,745, (68,382) (2,990) (2,426) (124,731) (6,043) (204,572) ,345 10,113 2, ,078 56, ,939 1,540,533

270 ,345 10,113 2, ,078 56, ,939 1,540, ,827 1,905 3,809 52,308 11,500 1, , ,591 1,869 4, , , , ,695 85,923 (864,850)... 1,108 9,902 7,813 5,319 7, , , (1,962) (2,093) (65) (512) (4,632)... (15,404) (2,061) (2,548) (72,902) (6,867) (99,782) ,737 19,635 16,792 1,096, , ,877 2,611, ,493 23,511 21,742 1,293, , ,877 2,905, (75,756) (3,876) (4,950) (196,541) (12,910) (294,033) ,737 19,635 16,792 1,096, , ,877 2,611, ,737 19,635 16,792 1,096, , ,877 2,611, , , ,335 33,316 (403,719) ,890 3,278 8, , , (1,101) (1,101)... (17,404) (1,053) (3,422) (37,956) (1,271) (61,106) ,559 20,757 40,225 1,266, , ,827 3,128, ,022,719 25,686 48,597 1,500, , ,827 3,483, (93,160) (4,929) (8,372) (234,497) (14,181) (355,139) ,559 20,757 40,225 1,266, , ,827 3,128, ,000 39,607,000 40,789,000 10,017, % 19% 13% 9% ,296, ,109,000 1,627,328,000 1,423,384,000 19

271 ... 42,307 57,496 92,035 17,786 58, ,346 4,821 7,251 3,175 2,841 (a) ,106 62,599 99,782 21,029 61,106 (a)

272 , (833)... 14, , , (204)... 17, , (1,037)... 17, , , (366)... 76, , (1,403)... 76, , , , , (1,436) , , (2,839) , , , (534) , , (3,373) ,412

273 7,556,00041,527,000 38,763, , , , , , , (1,700)... 27, , (1,700)... 27, , , , , (1,521)... 46, , (3,221)... 46, , (692)... 45, , (3,913)... 45,681

274 ,500, (45) (45) ,274 20,610 65, (859) (1) (860)... 45,274 19, , ,274 20, , (859) (1) (860)... 45,274 19, , ,274 19, , (687) (4) (691)... 45,274 19, , ,274 20, , (1,546) (5) (1,551)... 45,274 19, ,413 20,610,

275 ,874 8, , ,666 4,666 12, ,540 13, (7,366) (7,366) (713) (713) (8,079) (8,079) (a)... 11,342 1,022 12, (11,342) (224) (11,566) ,679 9, , ,477 9, ,540 (a)

276 (8,376) (8,079) , , , ,285 BVI ,856 51,719 81,751 87, ,515 18,585 23,618 40, ,411 13,332 25,739 17,473 47,782 83, , , (2,129) (2,129) (2,129) (2,129)... 45,653 81, , , ,968, ,713, ,513, ,088,000

277 ,350 5,719 5,370 10,350 (a)... 56,006 69,291 95,676 92,598 (c).. (2,800) (3,465) (4,881) (4,881) 57,556 71,545 96,165 98,067 (b)... 25,120 28,964 54,975 40,045 (d) , ,000 (c).. (191) (414) (370) (370) 24,929 28, , , ,969 25,675 66, , , , , ,194 (a) ,209 45,340 64,220 63, ,189 12,651 9,198 15, ,801 4,880 6,947 6, ,607 2,923 11,365 3, ,200 3,497 3,946 3,030 56,006 69,291 95,676 92, ,800,000 3,465,000 4,881,000 4,881,000

278 40,208,000 38,908,000 59,296,000 53,913, ,331 15,578 12,731 12, ,290 6,742 6,723 11, ,342 4,091 12,045 3, , ,361 12,998 26,918 31,499 33,804 (b)... 11,705 20,307 17,839 30,264 35(c)... 30, ,415 8,657 7,136 9,781 25,120 28,964 54,975 40,045 (c)... (4,007) (2,800) (3,465) (4,881)... (1,776) (691) (1,416) , (2,800) (3,465) (4,881) (4,881)

279 ... (191) (414) (370)... (191) (486) (190) (191) (414) (370) (370) (d) 100% (a) , , , , ,592 26, , , , ,807

280 (a) BVI , , , , , , , , , , , , (a)... 54,333 73, ,840 63,139 (b)... (24,336) (35,999) (19,582) (9,415)... 29,997 37, ,258 53, ,598 32, ,497 50, ,391 3,755 5,378 2, , ,997 37, ,258 53, ,336 21,340 5,010 9, ,659 14,572 24,336 35,999 19,582 9,415

281 (a)... 5,391 18,859 42,330 2,958 (b)... (14,659) (14,572)... 5,391 4,200 27,758 2, ,391 3,755 5,378 2, , ,391 4,200 27,758 2,958 (a) (b) (c) 1.26% 1.61% 0.37% 0.20%

282 ,688 96, , , ,266 7, ,113 96, , , ,139 10, ,862 97, , , ,011 15,147 16, ,848 98, , ,556 10,000 10, ,900, ,000 20,000,000BVI42,735,965 20,952, BVI

283 , , , , (425) 1.05 (749) 1.10 (986) , , , ,645 1,965 1,

284 % 51%... 0% 0% % 2.55% 17. BVI3 BVI BVIBVI42,735,965 10BVI BVI 10% 50% 25%

285 10% 5% [2008] , , , , , , , , , ,074 (a)... (15,957) (26,743) (54,977) , , , , , (5,114) (26,145) (50,705) (50,705) (211,977)... (21,031) (24,560) (161,272) (13,340) (51,277)... (26,145) (50,705) (211,977) (64,045) (263,254) (a)

286 19. (a)... 88, , , ,994 (b)... 32,000 21, (25,000) (23,000) (376,464) (269,658) 63, , , ,336 (a) , , , ,000 (b)... 16,953 15, , ,000 23, , , , ,184 1,288, , , ,253 1,648,926 1,465,994 (a) , , , , ,200 60(iii) , ,921 50(iv) , ,496 50(v) , , ,469 1,495,126 1,444,994

287 (i) , , , ,000 (ii) , ,666 (iii) , ,921 (iv) , ,496 (v) , , ,469 1,495,126 1,444,994 (i) (ii) 437,852, ,109, ,764, ,091, ,000, ,091, ,056, % (iii) 60,000, % (iv) 50,000,000 19,393,776 v (a) BVI(b)BVI (c)(d)bvi (e)(f)

288 19,393, , , , , ,400 85, , , , , , , , ,462 85, , ,469 1,495,126 1,444,994 (i) ,269 77, ,671 (ii)... 63,800 35, , ,665 63, , , ,336 (i) , , ,671 (ii)... 63,800 35, , ,665 63, , , ,336 (i) (ii) 60,000,000 20

289 % 8.44% 7.27% 7.12% % 12.94% 6.64% (b)... 16,953 15, ,800 18, ,000 3,000 16,953 15, ,800 21,000 6 (i)... 16,953 15,784 92, (i)... 29, ,000 18, ,000 3,000 16,953 15, ,800 21, % 11.64% 9.16% 3.09%

290 %50% 24 50% % (i) (ii) (1) ,802, % 36 (2)

291 (3) 6019% ,188, ,435, ,106,000 4,414,

292 60 75% , , , % 20.23% % , , ,389

293 22. (a)... 13,000 11,100 7,400 7,400 (b)... 5,730 39,002 37,846 35(b)... 70,160 98, ,487 17, , ,539 (a) (b) ,000 15, ,532 83, , , ,771 43, , ,062 35(b)... 70,161 34(b)... 36, ,000 6,000 6, ,057 22,959 56,920 91, ,894 9,219 17,204 15, ,932 3,007 2,029 (a). 16,000 32,021 32,288 19, ,307 55,255 10,472 27, , , , ,450

294 ,663 56, , , ,825 9,198 21,926 51, ,012 9,821 12, ,365 8,161 3,967 2, , ,532 83, , ,577 (a) (i)... 11,065 24,453 20,433 3, ,935 7,568 11,855 16,436 16,000 32,021 32,288 19,897 (i) 17%

295 (13,519) (12,991) (17,440) (17,032) (9,059) , , ,015 67, , ,207 44,870 57,653 14,304 25, ,857 64, ,103 21,750 62, , , , , , ,232 5,030 3,773 1,674 1, ,765 6,259 7,500 2,978 3, ,644 2,669 2, , (1,016) 914 1, ,717 7,937 17,190 3,855 7, ,170 1,480 1, ,727 11,805 16,220 3,929 4, , ,534 9,767 15,260 1,966 3, , , , , , ,262 38,111 51,685 12,363 20, , (a)... 1,962 1, ,650 2,457 1,388 3, ,207 44,870 57,653 14,304 25,479

WEST CHINA CEMENT LIMITED 94796 (a) (b) (c) (d) (e) 322(1) (f) (g) (h) (i) (j) (k) S (l) (m) 42.5425 2832.5 32528 9.6 61% 5.0 2.43.55.11.22.2 2.2 0.7 12.5 30 34.0%26.0%32.4%24.5% 21.4%36.0%31.2%37.9%24.8%22.0%20.7%

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