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1 2015

2

3 Royal Bank of Canada Trust Company (Cayman) Limited 4th Floor, Royal Bank House 24 Shedden Road George Town Grand Cayman KY Cayman Islands M 4th Floor, Harbour Place 103 South Church Street George Town Grand Cayman KY Cayman Islands 2

4 CPA (Aust.), FCPA

5 9,845,695 8,147, % 3,198,021 2,043, % 1,033, , % % ,292,081 25,299,504 0% 15,317,343 16,429, % 9,974,738 8,870, % % * (%) * 4

6 7,120,712 6,368,817 6,539,058 8,147,338 9,845, , ,472 31, ,682 1,002, , ,426 64, ,422 1,033,097 18,400,984 19,882,234 22,970,686 25,299,504 25,292,081 (10,778,949) (12,137,671) (14,208,985) (16,429,402) (15,317,343) 7,622,035 7,744,563 8,761,701 8,870,102 9,974,738 7,472,581 7,539,438 8,513,877 8,688,371 9,759, , , , , ,636 7,622,035 7,744,563 8,761,701 8,870,102 9,974,

7 9,845,695, % 1,033,097, % 32.5% % 30.5GW 145GW 26.6% 145GW 100GW 30.5GW 63.0GW 22% 432.4GW 17% 6

8 34.5% % 5 6 GE Energy Nordex Vestas Senvion Hitachi Alstom Wind Suzlon 7.6% % %

9 GW GW

10 9,845,695,000 8,147,338, % 32.5%25.1% 1,033,097, ,422, % % 1. (i) 34.5% 7,803,764,000 5,801,985,

11 GE Energy Nordex Senvion Alstom WindUnison Suzlon Inox Wind (ii) 30.4% 82,446,000 63,230, % 20.1% 32.0% 14.5% 12,833,000 14,712, ,791, ,527, ,536, ,243, ,779, ,286,000 10

12 IRIS (CRCC) PDM PDM ,547, ,623, % 1,361,932,000 1,617,621, %

13 2. ( ) 5,000 1, ,154, ,417, % 12

14 3. (CIMT2015) 142,127, ,325, %

15 4. 127,718, ,990, % 2,161,833,000 1,364,666, % 22.0%16.7% 5.3% 14

16 ISO1328 ISO (CIMS) ISO9001:2008 ISO14001:2004 GB/T (CCS) (BV) (GL) (ABS) (LR) (RINA) (DNV) (RMRS) (NK) (CCS) (CGC) (TUV) (GL) DEWI-OCC IRIS (CRCC)

17 20.8% 9,845,695,000 9,165,696 7,419, % 7,803,764 5,801, % 1,361,932 1,617, % 261, , % 188, , % 151, , % 82,446 63, % 12,833 14, % 664, , % 410, , % 142, , % 127, , % 9,845,695 8,147, % 16

18 9,845,695, % 5,801,985,000 7,803,764, % 1,361,932, % 410,154, % 142,127, ,718, % 16.0% 32.5%25.1% 7.4 3,198,021,000 2,043,362, % 326,462, ,563, % 154,418, ,987,

19 392,555, ,160, % 4.0%3.7% ,333, ,853, % % 643,270, ,608, % 9,759,102,000 8,688,371,000 25,292,081,000 25,299,504,000 17,311,275,000 17,659,342, % 68.4%69.8% 7,980,806,000 7,640,162, % 31.6%30.2% 18

20 15,317,343,000 16,429,402,000 1,112,059, % 13,214,731,000 13,186,368, % 2,102,612,000 3,243,034, % 4,096,544,000 4,472,974, ,430, % 6,280,513,000 5,503,305, ,208, % 2,403,640,000 2,756,201,000 1,755,000,000 1,097,399,000 7,566,320,000 10,938,771,000 3,372,451, % 5,618,194,000 7,971,209, % 72.9% 1.48% 9.77% 4,096,544, % 60.6%

21 294,456,000 72,790, % 150GW 20

22 GE Energy Nordex Vestas Senvion Hitachi Alstom Wind Unison Inox Wind Suzlon 50% LED

23 ,816,000 3,951, ,465,000 9,654, ,456,000 72,790,000 22,961,000 32,139,000 22

24 8,676 8,768 1,422,150,000 1,231,354,

25 NGC NGC NGC 60% 20% 80% 100% 500,000,000 50,000,000 1,000,000,000 NGC 8% ,300,000, ,000, ,000, ,000,

26 66 NGC NGC Transmission Equipment (America), Inc.NGC (US) Eagle Nice Holdings LimitedEagle Nice

27 53 NGC NGC Marine Propulsion Southeast Asia Pte. Ltd.NGC Marine 55 NGC NGC (US) 53 FAG FAG NGC 26

28

29 76 57 MBA (Clarion University of Pennsylvania) (University of Lousiana at Lafayette) 28

30 York University University of New England 52 NGC NGC NGC (US)

31 ISO

32 ISO

33 ,027,848,000 4,957,016,

34 , , ,000, % 322,370, ,956, ,370, ,650, ,630,

35 (i) (ii) (i) (ii) (iii) 34

36 (iv) 12,000, ,000, % 1% 1%

37 1 (i) (ii) (iii) 30% 61.3% 22.2% 5% A

38

39 XV XV XV (%) Fortune Apex Limited 1 458,073, Glorious Time Holdings Limited 2 148,562,

40 (1) Fortune Apex Limited 28.01% * Fortune Apex Limited 100% Fortune Apex Limited % % % % 5 * % % % % % % % % % % % * Fortune Apex Limited Fortune Apex Limited (2) Glorious Time Holdings Limited XV

41 77,500, % 16.39% Fortune Apex Limited 5.34% Fortune Apex Limited 28.01% 48 14A 14A 48 40

42

43 A.2.1 A

44 /5 2/2 1/1 * 5/5 0/0 0/1 5/5 1/1 2/5 2/5 2/5 2/5 3/5 0/1 2/5 0/1 * 0/5 0/2 0/1 3/5 0/

45 5/5 2/2 2/2 2/2 1/1 5/5 2/2 2/2 0/1 5/5 2/2 2/2 1/1 5/5 1/1 * A 44

46 14 2,000,001 3,000,

47 43 44 (i) (ii) (iii)

48 (i) (ii) (iii) (iv) (v)

49 X X 48

50 4,000,000 4,000, ,330 1,330 1,550 1,

51 (852) (852)

52

53 52

54 7 9,845,695 8,147,338 (6,647,674) (6,103,976) 3,198,021 2,043, , ,563 9 (154,418) (266,987) (392,555) (304,160) (612,333) (679,853) (330,688) (167,482) 10 (643,270) (741,608) (56,945) (5,686) 12,926 29,458 1,347, , (344,303) (130,925) 13 1,002, , ,468 (26,090) (932) 1,529 36,775 (25,452) 1,039, ,

55 1,033, ,422 (30,200) (32,740) 1,002, ,682 1,069, ,970 (30,200) (32,740) 1,039, ,

56 17 5,520,057 5,939, , , ,991 2, , , , , ,591 55, , , , , ,800 3, , , , ,278 7,980,806 7,640, ,075,239 2,275, ,276 13, ,650,502 7,819, ,016 34, ,270 44,529 3,459 5, ,755,000 1,097, ,403,640 2,756, ,121,873 1,649,705 17,311,275 15,696, ,962,654 17,311,275 17,659,

57 32 6,408,813 4,279, ,888 96, ,772 43, ,618,194 7,971, , , ,342 99, , ,073 13,214,731 12,983, ,923 13,214,731 13,186,368 4,096,544 4,472,974 12,077,350 12,113, ,948,126 2,967, ,319 39, ,651 81, , ,559 2,102,612 3,243,034 9,974,738 8,870,102 56

58 38 119, ,218 9,639,884 8,569,153 9,759,102 8,688, , ,731 9,974,738 8,870,

59 a b c d 119,218 5,010,141 77, ,765 (9,446) 366,125 52,335 (1,174) (1,529) 2,742,791 8,513, ,824 8,761, , ,422 (32,740) 175,682 (27,022) 41 1,529 (25,452) (25,452) (27,022) 41 1, , ,970 (32,740) 150,230 11,391 11, (181) 12,980 12,980 (8,476) (8,476) (57,724) (66,200) 119,218 5,010,141 77, ,289 (36,468) 366,306 52,335 (1,133) 2,951,032 8,688, ,731 8,870,102 58

60 a b c d 1,033,097 1,033,097 (30,200) 1,002,897 36, ,775 36,775 36, ,033,097 1,069,872 (30,200) 1,039,672 (31) (31) (33,038) (33,038) 97,209 97, (152) 1,960 1, (1,995) (1,136) 119,218 5,010,141 77, , ,458 52,335 (826) 3,983,977 9,759, ,636 9,974,738 a: b: c: 10% d:

61 1,347, ,607 39,364 39,223 81,361 95,310 (91,896) (116,417) 572, , , ,608 7,232 2,302 (1,385) ,848 47, ,418 36,041 58,989 40,532 23,119 (30,203) (13,254) 23,505 4,917 (932) (1,833) 129,577 (2,947) (82,422) (3,747) 14,138 18,687 56,945 5,686 (12,926) (29,458) (4,328) (4,584) 2,816,497 1,909,744 96, ,234 (75,711) 386,073 (1,451,666) (213,737) (9,724) 5,769 (24,537) 2,124, , ,239 60

62 5,254, ,991 (158,451) (169,581) 5,095, ,410 (10,825,293) (5,445,516) (255,365) (575,562) (1,755,000) (1,097,399) (500,000) (150) (280,736) (115,832) (21,817) (126,270) (31,291) (800) (158) (63,004) (2,400) ,290 11,177,854 5,184, ,181 (30,189) (96,085) 1,010 1,097, ,000 10,329 13,254 19,155 11,990 91, ,417 25,000 82,751 56,159 5,717 (853,030) (1,818,507)

63 8,103,015 12,414,001 1,299, ,771 (1,037,260) 54,965 1,960 12,980 (11,299,471) (11,061,537) (680,686) (778,465) (156,560) (133,333) (1,136) (66,200) (3,770,526) 767, ,168 (569,915) 1,649,705 2,235,371 2,121,873 1,649,705 15,751 62

64 (a)

65 2. (b)

66 2. (b) a) b)

67 2. (b)

68 2. (b)

69 2. (b)

70

71 3. 70

72 3. (i) (ii)

73

74

75

76

77

78

79 3. 78

80

81 3. 80

82

83 3. 82

84

85 3. 84

86

87 3. 86

88

89 3. 88

90 (c)

91

92 4. Tianjin Chuanzai Jingtong Financial Leasing Co., Ltd % 46Tianjin Chuanzai Jingtong Financial Leasing Co., Ltd.Tianjin Chuanzai Tianjin Chuanzai Tianjin Chuanzai Tianjin Chuanzai Tianjin Chuanzai Tianjin Chuanzai 10% 46 3,689,026, ,288,000 3,450,803, ,986,

93 4. 2,075,239, ,793,000 2,275,180, ,006, ,901,000 54,231, ,626, ,550,000 92

94 4. 2,991,000 14,724,000 2,991,000 14,724, ,800,000 38,848, ,534,000 47,959,000 5,520,057,000 40,532,000 5,939,512,000 23,119,

95 a. 14,612,897 12,285, , ,691 12,768,550 14,712, , , , ,072 6b. 94

96 6. 6b. (i) 22% 17% 2%3% 1,431, ,861 42, , , ,474 6,611 15,024 2,194 8, , , , ,007 1,063 12,

97 6. 6b. (i) 5%5% 5% 5% 5%5% 5%5% 5%5% 5% (34,260) 20,609 10,274 19,785 (7,711) (4,284) (1,421) (2,471) 96

98 6. 6b. (ii) ,966,000 4,162,

99 6. 6b. (iii) 15% 15% 15% 4,262,000 7,415,000 (iv) 28 98

100 6. 6b. 51%43% 10% 54%45% 33 7,566,000,000 10,938,000,000 7,566,000, ,000,

101 6. 6b % 922,908 1,329,542 2,947,382 5,199,832 5,199,832 1, ,888 1, , ,191 7, , , , ,137 4,701,000 2,183,003 8,065,775 7,566, , , , ,656 1,643,417 2,430,851 7,771,092 2,190,293 14,035,653 13,530,278 1,974, ,844 1,195,579 3,612,318 3,612,318 2,091 93,998 96,089 96, , , , , , ,661,291 1,301,943 5,763,987 3,436,046 12,163,267 10,938, , , ,072 3,638,277 1,787,922 7,509,777 3,608,304 16,544,280 15,295,

102 6. 6c. (i) 1) 28,414,000 49,415,000 2) 596,656, ,072,000 (ii)

103 7. 102

104 7. 7,683,862 6,782,672 2,011,910 1,178, ,562 65,236 39, ,320 9,845,695 8,147,338 2,185,092 1,420, , ,991 34,144 33,106 13,870 8,629 2,934,744 1,899,879 42,766 55,899 (643,270) (741,608) (56,945) (5,686) 12,926 29,458 (943,021) (931,335) 1,347, ,

105 7. 6,479,035 6,206, , , , ,552 55,456 37,116 6,937,372 6,495,117 18,354,709 18,804,387 25,292,081 25,299,504 30,507 7, , , ,194 11,858 4,441 37, , , ,418 38,848 38,848 40,532 40,

106 7. 32,743 4,688 1, , ,460 84,345 7,478 8,575 39, ,518 36,041 36,041 47,959 47,959 23,119 23,

107 7. 7,803,764 5,801, , , , , , ,623 82,446 63,230 12,833 14, , , , , , , , ,990 9,845,695 8,147,338 7,370,280 7,283, ,720 90,281 2,247 13,018 7,552,247 7,387,

108 7. 10% A 1 2,075,114 1,234,177 B 2 1,214, ,118 C 2 1,198, , ,939 46,978 91, ,417 38, ,818 21,312 29,145 30,203 13,254 53,773 56, , ,563 4,328,000 4,584,

109 ,961 (32,139) 22 (129,577) 1, ,422 3,747 1,385 (529) (38,848) (47,959) (40,532) (23,119) (117,418) (36,041) (58,989) (7,232) (2,302) (154,418) (266,987) , ,465 (37,416) (36,857) 643, , %6.34% 108

110 ,457 47, ,682 47,400 20,576 13, (102,955) 70, , ,925 25% 25% 15%

111 11. 32,199,000 17,199, ,347, ,607 25%25% 336,800 76,652 11,005 (5,943) 63,519 41,519 (19,328) (1,761) 90,136 75,517 (1,576) (18,747) (171,960) (49,501) 20,576 13,148 15, , ,

112 ,422,150 1,231,354 (78,769) (78,889) (8,440) (11,415) 1,334,941 1,141,050 4,000 4,000 39,364 39,223 6,645,150 6,089, , ,518 14,138 18,687 81,361 95,310 (22,961) 32, ,577 (82,422) (3,747) (1,385) ,848 47, ,418 36,041 40,532 23,119 58,

113 ,452 21, ,585 22,900 3, ,450 3, ,450 3, ,150 3, ,150 3, ,150 3, ,150 3, , , ,575 3, ,150 1, ,575 3, ,150 2, ,625 3, ,150 1, ,575 3, , , , , ,

114 14. 3,000,001 4,000, ,000,001 3,000, a ,700, ,504,

115 14. 14a B 92,700 92,700 77,504 77, ,033, ,422 1,635,291 1,635,

116 16. 60% 100% 450 1,

117 17. 17,343 2,260,499 4,733, , ,670 1,452,349 1,162 15,911 8,986, ,945 13,352 1, , ,366 42, , ,613 61, , , ,706 6,043 2,754 (343,067) 3,646 (57,719) (1,298) (6,492) (31,314) (96,823) (100,535) (208,247) (23,902) (9,906) (860,821) (378) (1,203,789) 17,343 2,312,632 5,002, , , ,821 1,162 19,590 8,768, ,978 3,211 1, ,007 15, ,694 48, ,079 6,938 (960) (378,331) 1,585 (18,056) (284,085) (1,118) (6,772) (36,793) (1,628) (40) (348,492) (32,029) (2,451) (1,086) (27,475) (7) (63,048) 17,343 2,343,338 5,038, , , ,229 15,268 22,001 8,918, ,783 1,753, , ,921 1,162 9,752 2,353,359 81, ,068 23,241 35,755 1, ,518 (32,889) (1,192) (6,054) (40,135) (20,415) (90,275) (18,648) (6,977) (112) (136,427) 309,913 2,117, , ,645 1,162 11,549 2,806,315 75, ,591 19,900 20,517 1, ,688 (1,642) (32,903) (926) (5,349) (28) (40,848) (2,550) (1,073) (137) (3) (3,763) 383,452 2,537, , ,676 1,162 13,017 3,334,392 23,119 23,119 40, ,532 40,000 23,651 63,651 17,343 1,959,886 2,460,717 47,605 42, ,578 14,106 8,984 5,520,057 17,343 2,002,719 2,884,912 58,926 64, ,702 8,041 5,939,

118 ,426, ,887, ,000, ,000, ,227,000,000 1,330,079, % - 6.5% 9.7% % 9.7% % 16.2% 3 20% 40,532,000 23,119,000 11%11%

119 , ,539 15,276 13, , , , , ,706, ,961, ,715 14,724 2,

120 19. A 2,991 2,991 11%11% A A

121 ,849 41, , , ,270 (39,987) (39,987) 683,132 41, ,755 53,803 53,803 (362) (362) 736,573 41, , ,709 8, ,284 93,236 2,074 95,310 47,959 47,959 (3,332) (3,332) 483,572 10, ,221 78,623 2,738 81,361 38,848 38,848 (34) (34) 601,009 13, , ,564 28, , ,560 30, ,

122 ,848,000 47,959,000 11%11% , ,895 (81,935) (24,990) 157, ,905 16,226,000 11,491,000 2,052,000 30,062, , ,

123 % 49.58% 122

124 21. 84,051 99,632 78,544 80,343 (28,233) (44,768) 38,824 40,561 (845) (16,117) (845) (16,117) 134, , % 49.58% 1,470 1,470 68,086 68,

125 21. (58,578) 1,741 (58,578) 1,741 89,191 39,220 50,630, ,658 10,000 57,933 45,007 96,591 55, Nanjing Jingze Lighting Technology USA Inc. NJZ USA NJZ USA 25,

126 22. 50% 50% 50% 50%

127 , ,366 2,220 2,013 (286,288) (305,365) 28,197 17, , ,470 24,376 56,971 24,376 56,971 25,

128 22. (489) (390) (4,302) (5,957) 78,246 54,493 32,248 36,846 (39,858) (21,684)

129 , , , ,945 (4,150) (4,156) 2 2 (329) (657) 192, ,014 50% 50% 96,185 55,

130 22. NJZ USA ,168, % 548,620, ,082,000 53,000,000 55,370,000 74,207, ,577, , %

131 24. (1) 28,414 49,415 (2) 167,760 86, , ,691 (1) 40,000, ,879, ,100, H H 12.12% 2.42% 92,007,000 2,000,000 H 50,093,000 H 58,989,000 36,468,000 (2) , ,800 89,000,

132 26. (66,154) (47,902) 49,360 17,199 (20,371) (8,331) (69,381) (2,908) (148,488) 11 15,051 (3,259) (9,496) (2,443) (5,924) 58,132 18,316 70,377 (51,103) (51,161) 39,864 17,199 (22,814) (14,255) (11,249) 15,408 (78,111) 11 (13,223) 10,390 (18,694) 15,000 (1,364) (25,533) 5,274 (76,124) 1,319 (102,955) (64,326) (40,771) 21,170 32,199 (24,178) (39,788) (5,975) (76,124) (16,727) (181,066) (232,385) (117,200) 51,319 39,089 (181,066) (78,111) 677,528, ,781,000 23,901,000 54,231, ,626, ,550,

133 26. 10% 25% 5% 4,798,000,000 4,097,000,000 5% , , , , , ,514 2,075,238 2,275,

134 28. 4,107,314 3,752,789 3,248,346 3,044,314 (418,288) (301,986) 6,937,372 6,495, ,232, , , , , ,449 (2,530) (2,530) 8,650,502 7,819, ,457,000 44,211, % 70.37% 2 77,504, % 113,000, ,991,092 4,313, , , , , ,072, , , , ,422 30,839 6,937,372 6,495,

135 28. 5,473,087,000 5,367,516,000 1,464,285,000 1,127,601, ,072, , , , ,422 30,839 1,464,285 1,127, , , ,418 36,041 (1,116) (134,487) (5,347) 418, ,

136 28. 2,530 2,530 2,530 2, ,818, ,516,

137 28. 40, ,721 (40,377) (451,721) 1,565,639,000 1,412,911,000 1,232,000,000 1,017,139,

138 29. 41,384 28, ,928 6, ,278 92, ,294 34,780 (226,278) 247,016 34,780 1,879 2, ,998 1,888 96,

139 30. 13,351 18,610 25,000 25, ,270 44, %2.8% % 0.35%0.07% 0.35% 138

140 32. 1,630,110 1,600,661 3,142,814 1,608,515 4,772,924 3,209, , , , , , , , ,489 50,261 41,663 10,326 11, , ,520 6,408,813 4,279, ,107, , , , ,478,526 1,143, , , , ,779 4,772,924 3,209,

141 33. 4,809,660 7,208, ,100, , ,000,000 1,000, , , , , ,000 7,566,320 10,938,771 3,417,865 3,450,925 4,148,455 7,487,846 7,566,320 10,938,771 *: 5,618,194 7,971, , ,337 1,334,625 2,753,225 7,566,320 10,938,771 (5,618,194) (7,971,209) 1,948,126 2,967,562 * 1 300,000, % 800,000, % 2 500,000, % 500,000, % 3 400,000, % 140

142 ,000, % Goodgain Group Limited 385,370,000 4,825,536 6,727,841 1,723,160 2,133,600 6,548,696 8,861,441 1,017,624,000 2,077,330,000 % % ,790, ,456, ,669, ,695, ,000, ,820, ,090, ,731,

143 , ,280 59,674 6, , , , ,220 (34,789) 99,781 53,236 (52,675) 100,342 47,900,

144 , ,073 6, , , , % 5.26% 9.53% 6.12% 163, , , ,073 7, ,978 6, ,692 7,280 5, , , , ,632 (5,920) (23,902) 165, , , , (158,556) (167,073) 6, ,

145 ,000,000 30, ,033 1,635,291 16, ,

146 39. (i) (ii) (iii) (iv) 10% 30% 1% 0.1% 5,000,

147 (i) (ii) (iii) ,400 83, , , , , ,403,640 2,756, , , ,656 1,196, ,500 66, ,411 25, , ,499 4,536,452 4,649,028 25% 146

148 42. 3,289 10,320 3,157 8, ,270 3,951 9, ,636, ,200,

149 % % % 95% 100% 148

150 45. 70% 100% LED LED , ,790 3, ,386 1, ,678 5, , ,608 23, ,003 (4,870) (668,651) (1,492) (290,000) (4,870) (960,143) ,

151 45. (37%) 31,000 (5%) 7,900,000 (30%) 3,491, ,376 (31) 11,391 (469) (185,714) (2,947) 150

152 (500) ,168 (167,876) 22 (74,207) (96,085) (3,500) 60,790 57,290 28,000 7,179,000 9,853,000,000 1,006,000,000 75,000 4,921, , ,000 2,887, ,851,000 15,115,000 4,605,

153 46. (i) ,000,000 60% 100% 1,000,000,000 8% 28,500,000 50% (ii) (iii) % 4 77,504, % Tianjin Chuanzai 53.04% Tianjin Chuanzai 46.96% 16.39% 10% 16.39% 10% Tianjin Chuanzai 53.04% 100% Tianjin Chuanzai 46.96% Tianjin Chuanzai Tianjin Chuanzai 97,209,000 Tianjin Chuanzai 152

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