12 GMP Centre19 20 48 12 GMP Centre
.................................................................. 1............................................................. 4...................................................... 5 Pacific Wins.................................................. 7......................................................... 12.................................................. 12.............................................. 13.................................................... 13......................................................... 13....................................................... 14..................................................... 19 i
Chelson Chelson Limited Pacific Wins 50% 8222 Pacific Wins CTH Cheung Tai Hong (B.V.I.) Limited 1
Jean-Marie Jean-Marie Pharmacal Company Limited Lunghin Lunghin Enterprise Inc. Pacific Wins Pacific Wins Development Ltd. 50% Pacific Wins CTHChelson CTH ChelsonPacific Wins 50% Pacific Wins Pacific Wins Pacific Wins CTHPacific Wins 571 0.01 2
Tung Fong Hung Investment Limited CTH % 3
Clarendon House Church Street Hamilton HM 11 Bermuda 12 GMP Centre (i) CTH (ii) CTH ChelsonPacific Wins 50 Pacific Wins Pacific Wins 4
CTH 29.4%Hanny Magnetics Limited Lunghin Lunghin 27,603,00021.6% Lunghin28,558,196 22.4% 100% Jean-Marie Jean-Marie Pacific Wins ChelsonPacific Wins 50% Pacific Wins 50% 19,000,000 20,500,000 11,700,000 12,000,000 3,700,000 32,300,000 5
42,000,00035,500,0006,500,000 32,300,000 6,500,000 5.5% (a) (b) 6
CTH a CTH CTH CTH CTH CTH Chelson Chelson Pacific Wins 50%Pacific Wins50% Pacific WinsJean-Marie Pacific Wins10,200,0006,100,000 Pacific Wins 30,800,000 28,000,0006,500,0006,500,000 Pacific Wins 15,000,000Pacific Wins Pacific Wins 50% 15,400,000 7
Pacific Wins Pacific Wins Pacific Wins Pacific WinsJean-Marie Pacific WinsPacific Wins 6,500,000 Pacific Wins Pacific Wins 5.5% CTHPacific Wins 15,000,000 100% 2% 8
0.45 1,000,000 (i) 0.44 2% (ii)0.55 18%(iii)0.41 9.8% 20 0.30 0.300.30 0.27 11%0.5545% 0.4432% 9
(i) (ii)(iii) (i) (i) (ii) 30 (ii) 21 (iii) 10
(iv) Pacific Wins Pacific WinsCTH Pacific WinsPacific WinsPacific Wins 500Pacific Wins50% Chelson CTHPacific Wins Pacific Wins (a) Pacific Wins (b) CTH Chelson Pacific Wins 11
(i)(ii) 0.45(iii) 0.30127,697,656 Lunghin 28,558,196 22.4% 28,558,196 17.7% 28,558,196 16.1% Chelson 33,333,333 20.7% 50,000,000 28.1% 99,139,460 77.6% 99,139,460 61.6% 99,139,460 55.8% 127,697,656 100.0% 161,030,989 100.0% 177,697,656 100.0% Pacific Wins 1,182,300 Pacific Wins Pacific Wins Jean-Marie Pacific Wins 12
Pacific Wins 19 20 12 GMP Centre 48 12 GMP Centre Pacific Wins 13
0.45 40,000,000,000 400,000,000.00 127,697,656 1,276,976.56 127,697,656 1,276,976.56 33,333,333 333,333.33 161,030,989 1,610,309.89 127,697,656 1,276,976.56 50,000,000 500,000.00 177,697,656 1,776,976.56 14
28,558,196 22.36% Lunghin 7 8 352 Lunghin 28,558,196 22.36% Loyal Concept Ltd. 22,425,000 17.56% Hanny Magnetics 5,178,000 4.05% Limited Hanny Magnetics 27,603,000 21.61% (B.V.I.) Limited 27,603,000 21.61% 15
LunghinLoyal Concept Ltd. LunghinHanny Magnetics Limited 3. Loyal Concept Ltd. Hanny Magnetics LimitedHanny Magnetics (B.V.I.) LimitedHanny Magnetics (B.V.I.) Limited Hanny Magnetics (B.V.I.) Limited 27,603,000 4. Loyal Concept Ltd. Hanny Magnetics Limited Hanny Magnetics (B.V.I.) Limited 2 3 10% Value-Net LimitedValue-Net 89,910,000Sunray Power LimitedSunray Power Profit View LimitedProfit View Value-Net30%30% Value-NetValue-Net 16,000,000 16,000,000 89,910,000 Sunray Power Profit View 16
89,910,000 (i) (ii) (iii) (iv) Clarendon House, Church Street, Hamilton HM 11, Bermuda 12 GMP Centre 17
(v) 56 (vi) 12 GMP Centre (i) (ii) Pacific Wins 18
12 GMP Centre (a) Cheung Tai Hong (B.V.I.) Limited CTHChelson Limited Chelson A CTH ChelsonPacific Wins Development Ltd.50% 28,000,000 (b) 15,000,000 0.01 (c) 19
Clarendon House Church Street Hamilton HM 11 Bermuda 12 GMP Centre 1. 2. 3. 48 12 GMP Centre 4. 5. 20
(1) 0.01 (2) (3) 12 GMP Centre (5) 1. 2. 0.01 3. 4. 5. 6. 7. 12 GMP Centre 8. 9. 10.