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1 COMBEST HOLDINGS LIMITED * 2011

2 2011 1

3

4 M-N Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY Cayman Islands CPA, FCCA HSBC Trustee (Cayman) Limited P.O. Box 484 HSBC House 68 West Bay Road Grand Cayman KY Cayman Islands

5 % Diamond Globe Investments Ltd. 100% 55% Well Sources Enterprises Limited 100% 100% 100% 100% 100% 100% 100% * * * * * 4

6 ,754 45, , , ,051 69,550 (6,431) (267,406) 69,550 (273,837) 2.21 (0.26) (10.79) 2.21 (11.05) 50% 100%

7 2011 2,500 3,

8 2011 7

9 2011 (i)(ii) 338,754, % 34% 17.4% 12,474, % 6,600,000 1,200,000 30,365, % 6,500,000 3,300,0002,100, ,000 32,600, % 3,070,000 8

10 ,062,000 5,045,00072,488,000 20,137, % 26.6% (i) (ii) (iii) (iv)50% 97,650,00080,000, ,000,000 17,650,000 9

11 ,595,000 22,595,000 21,759,000 7,243,00014,516,000 (i) (ii) 50% 100%

12

13

14 Luxking Group Holdings Limited Pan Hong Property Group Limited Sunray Holdings Limited TSC 13

15

16 2011 (i) (ii) 50% 100%

17 % % 16

18 (A)

19 XV XV A % Dream Star International Limited Dream Star 1 474,285, % Famous Kindway Limited Famous Kindway 1 299,980, % Kiyuhon Limited Kiyuhon 1 103,630, % 774,265, % 18

20 ,895, % Shing Lee Holding Limited Shing Lee 2 650,000, % Diamond Highway Limited Diamond Highway 2 39,714, % 2 689,714, % ,285, ,980, ,630,000Dream Star Famous Kindway Kiyuhon Dream Star Famous Kindway Kiyuhon ,000,000 39,714,286 Shing Lee Holding Limited Shing Lee Diamond Highway Limited Diamond Highway Shing Lee Diamond Highway Shing Lee Diamond Highway 19

21 2011 B % 1 Cytech Investment Limited Cytech Investment 3 164,500, % Benep Management Limited Benep 3 164,500, % 3 164,500, % Pioneer Idea Finance Limited Pioneer 4 164,500, % 4 164,500, % Treasure Focus Enterprises Limited Treasure 5 218,000, % 5 218,000, % 20

22 ,360, % Brow Crown International Limited Brow Crown 2 197,000, % 2 198,000, % ,000,000Brow Crown Brow Crown ,500,000Cytech Investment Cytech Investment BenepBenep Benep Cytech Investment % 36.52%Hebe Finance Limited PioneerHebe Finance Limited Pioneer Pioneer ,000,000Treasure Treasure Treasure 21

23

24 2011 8/8 8/8 4/8 4/8 4/8 1/

25 2011 A.2.1A

26 2011 4/4 4/4 4/4 1/4 1/1 1/1 1/1 0/1 25

27 , ,000 26

28

29 2011 P

30 ,754 45,331 (223,501) (37,438) 115,253 7, ,194 23,938 (12,474) (3,330) (30,365) (8,350) (106) (32,600) 7 (3,070) ,502 (15,343) 9 (10,819) 5,497 69,683 (9,846) 31 (260,476) 69,683 (270,322) (12) (5,954) 2, ,293 (275,799) 69,550 (273,837) 133 3,515 69,683 (270,322) 71,945 (274,758) 348 (1,041) 72,293 (275,799) (11.05) 2.21 (0.26) 29

31 ,852 3, , ,292 86, ,788 15, , , ,589 14, ,512 6,621 29,281 30, , ,062 5, ,444 63, ,204 3,145 30,644 6, , ,576 30,573 2, ,956 42,867 72,488 20, , ,265 30

32 , ,073 21,650 44,073 39, , , ,860 28, ,529 77, , ,732 1,958 1, , ,342 31

33 ,243 97, , ,243 99,423 2,988 2, ,255 96, ,256 97, ,860 28, ,396 68, ,256 97,000 32

34 ,502 (15,343) (259,110) 80,502 (274,453) 242 6, ,329 3,317 (22) (54) 121 2,885 (5,547) (22,979) (100) 106 7,877 8, ,936 (176) 83,017 17,427 (33,598) (3,270) 3,135 13,390 2,314 10,456 17,041 (2,437) 10,407 15,158 1,436 83,752 50, (10,694) (1,050) 73,080 49,728 33

35 2011 (11,002) (1,427) (3,422) 33 (3,456) 33 (11,195) 6, (3) (30,916) 7,237 (7,237) (18,419) (36,504) 34,183 (242) (18,350) (92,400) (20,017) 20,017 (25,673) (6,388) (11,507) (97,363) 43,154 (84,139) 5,045 88,707 (137) ,062 5,045 34

36 2011 * * * * 28, , (245,551) 105,732 1, , ,644 97,068 99,712 99,712 69,550 69, ,683 30(a) (12) (12) (12) 2,407 2, ,622 2,395 69,550 71, ,293 8,003 (8,003) 30, ,537 8,268 2,728 (184,004) 277,389 1, ,

37 2011 * * * * * 23, ,895 16,100 6,124 72,040 (15,525) 327,626 87, , ,224 97, , ,798 (16,810) (10,621) 16,810 (10,621) (84,581) (95,202) (38,313) (38,313) (38,313) 4,224 97,574 (16,810) (48,934) 16,810 52,864 (84,581) (31,717) (273,837) (273,837) 3,515 (270,322) 30(b) (5,954) 4,870 (1,084) (4,870) (5,954) (5,791) (268,967) (274,758) (1,041) (275,799) 975 (975) (23,106) 23,106 28, , (245,551) 105,732 1, ,342 * 246,529,000 77,516,000 36

38 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands M-N

39

40 (i) (ii) 39 39

41

42 % 10%-33% 10%-33% 10%-25% 41

43

44

45

46

47

48

49 (i) (ii) 48

50

51 (a) (b) (a) (b) (i)(ii)

52 (i) (ii) (iii) (iv) (v) (i) (vi) 51

53 (i) (ii) 52

54 (iii) (iv) 3.9 (v) (vi) 53

55 ,754 45, , , , , ,971 1, , , ,194 2,647 5,153 22,979 22, ,547 5,547 5,547 22, ,547 23,079 8,194 23,938 4,294 8,194 28,232 54

56 (a) (b) 315,152 8,000 23,602 37, ,754 45,331 85,572 3,012 2,357 (31,429) 87,929 (28,417) ,503 1,329 1,503 6,528 6,528 23,936 23,936 8,664 8, , ,873 10,981 36, , , , , , ,092 44,892 6,677 2, ,860 7,320 55

57 ,754 45,331 * 146, , ,051 87,929 (28,417) 22, (3,070) (7,433) (7,770) ,502 (15,343) * 332, ,315 21,535 48,062 12, , ,132 47,860 7,320 2, ,073 21,650 6,564 53, ,029 82,790 56

58 ,152 15, , ,128 13, ,856 4,686 4,175 5,595 1, , , , , ,845,000 10% ,885 2,885 3, ,127 57

59 ,501 37, , , , ,528 6, ,329 1,503 1,814 1,329 3,317 1,158 1, , ,877 23, , ,936 8,664 8,664 3, , (a) 22,404 7,238 14,497 22,404 21, ,595 7,243 14,516 22,595 21,759 58

60 , ,315 12,451 2,215 12, ,366 12,451 2,266 (1,632) (6,397) (1,632) (6,397) 10,819 (5,497) 1,366 10,819 (4,131) 80,502 (15,343) (259,110) 80,502 (274,453) 20,751 (44,489) 773 (11,490) (3,135) 2,026 55,051 (1,815) (5,161) (6,397) ,819 (4,131) 59

61 %25% 10. 7,057, ,513, (1) 69,550 (273,837) 3,141,349 2,477,076 60

62 (2) 69,550 (273,837) (267,406) 69,550 (6,431) (3) ,406,000 61

63 , , ,753 3, ,711 (3,097) (87) (7,420) (120) (660) (502) (11,886) 69, , ,093 3, ,825 69, , ,093 3, ,825 3, , ,427 30(b) (69,233) (269) (28,871) (384) (1,960) (3,252) (103,969) (568) (19) (2,469) (17) (137) (107) (3,317) (8,664) (8,664) 2, , , ,720 (5) (9,673) (25) (12) (5) (9,720) 2, ,000 2, , , ,113 11,002 4,683 (4,683) (121) (121) (528) (499) (252) (9) (41) (1,329) 4,155 3,781 1, ,430 12,852 4,683 13,953 1, ,430 23,896 (528) (10,172) (277) (21) (46) (11,044) 4,155 3,781 1, ,430 12,852 62

64 (c) 8,664, ,799 12,799 8,736 8,736 (21,535) 21, ,

65 ,760 (2,838) 4,577 (309) 50% 33(a) (e) 86,600 86,600 86,600 86,600 33(a) 31,700 31,700 33(b) (c) 34,540 29,980 64,520 (6,528) (6,528) 121,140 55, ,292 3% 26% 64

66 , ,436 33(a) 37,597 33(b) (c) 8,198 16,493 (291,936) 61,788 15,993 (a) 61,788 15,993 (b) 268,000 (c) 23,936 a. 3%26% b. 108,229, ,000,000 30(b) c. 16.5% 23,936,000 65

67 , ,798 (254,861) (254,861) 184,243 97,937 Diamond Globe Investments Ltd ,380, ,000,000 66

68 ,000, , , ,000, Well Wisdom Limited 10, Well Sources Enterprises Limited 50, ,000,000 67

69 ,708 1,474 8, ,864 11,985 48,589 14, , ,010 4, ,512 6,

70 , ,464 3, ,512 6, B 7,237,000 1,486,000 7,237,000 1,486,000 69

71 ,062 5,045 43,216,000 2,123, ,360 3, , , ,204 3, (i) 1,744 (ii) 18,273 20,017 (i) (ii) 3 181,000 70

72 ,140 30,573 1,436 3,576 30, ,000, ,000 20,000, , ,896,500 28,216 2,416,500 23,992 (a) 205,000 1, ,000 4,224 (b) 100, ,201,500 30,860 2,896,500 28,216 71

73 (a) Treasure Focus Enterprises Limited Silver Sail Investment Limited 200,000,000 5,000,000 33(a) 33(b) 33(c) ,529,000 1,789,00063,740, Glory Path Management Limited 210,000, ,000,000480,000, ,798,000 (b) ,000, ,00033,328, % 10% 12 1% 72

74 %5,000,000 1 (i) (ii) (iii) % 50% 35 73

75 ,895 (18,962) 72,040 (68,643) 209, ,574 97,574 (10,621) (10,621) (38,313) (38,313) 97,574 (48,934) 48,640 (188,513) (188,513) (673) (673) (673) (188,513) (189,186) (23,106) 23, ,469 (19,635) (234,050) 68, ,068 97,068 (7,057) (7,057) (8,399) (8,399) (8,399) (7,057) (15,456) 419,537 (28,034) (241,107) 150,396 74

76 , , , (a) 161 * ** 1, , , ,745 1, , # ## # , , , ,526 75

77 (a) * ** # ## (b) 1, ,000, , ,000,0011,500, ,0011,299,

78 (a) Well Base Enterprises Limited Well Base Well Base (12) (106) Well Base (3) (b) Highway Bright Holdings Limited Highway Bright Highway Bright122,988,000 60,000,000 52,800,000Cytech Investment Limited 52,019,000 45,776,000CytechHighway BrightODM 77

79 (b) ,969 11,000 48,774 83,716 94,217 13,990 18,924 2 (43,865) (88,178) (23,484) (1,500) (7,707) (11,077) (84,581) 114,200 (5,954) Cytech (i) (620) (ii) (1,173) (7,877) 98,576 52,800 Cytech (i) 45,776 98,576 78

80 (b) Highway Bright 52,800 (83,716) (30,916) (i) 45,776,000 Cytech Highway Bright 92,400,000Highway Bright Cytech Investment45,776,000 CytechCytech 620,00035,155,000 35,775,000 Highway Bright (ii) Highway Bright92,400,000 Highway Bright 1,173,000 54,087,000 55,260,000 Highway Bright 79

81 Highway Bright122,988,000 Highway Bright ODM Highway Bright 146,720 (126,558) 20,162 4,294 (2,742) (3,696) (1,194) (268,000) (7,877) (57) 9 (259,110) (1,366) (260,476) 31,210 (4,690) 26,520 80

82 (a) (i) (ii) 2,397 (iii) 181 (i) (ii) (iii) Shing Lee Holding Limited Shing Lee (b) 3,589 2,420 81

83 (a) 50% 30,092,00050% 33(e) 5, ,212 30,092 27,082 (19,577) 16 37,597 5,547,000 82

84 (a) , ,424 1,424 2,424 2,424 (8,567) (8,567) 34 (7,925) 19,577 (4,198) 2,424 (5,880) (3,456) 225, ,000 1,490,000 83

85 (b) Perfect Crown Enterprises Limited 49,098,000 9, ,504 49,098 (43,422) 16 5,676 84

86 (b) , (5,040) (5,040) 34 (15,775) 43,422 (3,903) 891 (9,594) (8,703) 227,000 85

87 (b) 671, ,000 (c) Forever Bloom Trading Limited 4,313,000 2, ,813 4,313 (1,791) 16 2,522 86

88 (c) , (18) (18) 34 (355) 1, (2,500) (2,492) 276,000 11,800,000 87

89 (c) 28, ,000 (a) (b) Shing Lee Holding Limited Shing Lee Shing Lee 339,592,00067,444,000 (d) 38,331,000 38, (37,831)

90 (d) 13 3,373 3,373 9,171 9,171 16,895 16,895 9,931 9,931 (27) (27) (1,512) (1,512) 37,831 37,831 9,931 (38,331) (28,400) 38,331 9,931 13,986,0002,470,000 89

91 (e) 50% 106,798,000 5, , ,798 (90,805) 16 15,993 90

92 (e) 50% ,600 21,359 (254) 2,604 2,604 1,567 1, (21,650) 90,805 4,242 1,567 (5,000) (3,433) 8,000,000346, ,000 91

93 ,397 11,077 17,474 33(e) 21,650 21, (11,077) (11,077) 9 (6,397) (6,397) 21,650 21,650 33(a) (b) (c) 24,055 24,055 9 (1,632) (1,632) 44,073 44,073 92

94 ,397 (6,397) 12,675,000 7,754,000 3,658, ,000 93

95 (i) (ii) 94

96 (iii) (vi) (iv) (v) 95

97 (v) 20,204 20,204 20,204 17,761 17,761 17,761 3,576 3,576 3,576 41,541 41,541 41,541 3,145 3,145 3,145 6,139 6,139 6,139 20,017 20,741 1,744 18,997 30,573 30,573 30,573 59,874 60,598 41,601 18,997 96

98 (v) 2,988 2,988 2,988 2,424 2,424 2,424 (vi) ,512 6,621 26,092 26,976 7,237 48,062 5,045 77,666 45,879 97

99 (vi) 184,243 97,937 1, ,243 99,423 20,204 3,145 17,761 6,139 20,017 3,576 30,573 41,541 59,874 2,988 2,424 98

100 (a) (b) (c) 279,347, ,342,000 99

101 ,754 45,331 30, , , , ,149 32, , , , ,821 32,376 80,502 (12,273) (6,590) 27,450 (2,803) (259,053) 80,260 27,321 (4,338) 80,502 (271,326) 73,670 54,771 (7,141) (3,070) (9,823) (5,717) (57) (1,685) (2,817) (1) (3,127) (11,508) (8,534) (1) 80,502 (15,343) (16,413) 21,733 (2,803) (259,110) 78,575 24,504 (4,339) 80,502 (274,453) 62,162 46,237 (7,142) (10,819) 5, (2,779) (1,366) (9,554) (4,312) (5) (10,819) 4,131 (9,307) (7,091) (5) 69,683 (9,846) (16,166) 18,954 (2,803) (260,476) 69,021 20,192 (4,344) 69,683 (270,322) 52,855 39,146 (7,147) 69,550 (273,837) 21,662 13,082 (6,986) 133 3,515 31,193 26,064 (161) 69,683 (270,322) 52,855 39,146 (7,147) 380, , , ,579 23,425 (101,029) (82,790) (315,692) (436,002) (5,598) (1,958) (1,610) (87,232) (55,785) 277, , , ,792 17,

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1 2016 1 3 4 6 8 15 32 41 47 50 52 54 56 150 2 (CPA, FCA) (CPA, FCA) Cricket Square Hutchins Drive PO Box 2681 Grand Cayman KY1-1111 Cayman Islands 338 6 A 338 2 33 3301 04 www.foodidea.com.hk 8179 3 (i)(ii)

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