* 3,000,000, ,000,000 2,700,000, %0.004% 0.005% C %0.004%0.005% (i)144a (ii) 501(a) (iii)s *

* 3,000,000,000 300,000,000 2,700,000,000 1.71 1%0.004% 0.005% 0.01 1387 32 342C 1.711.40 1.711%0.004%0.005% (i)144a (ii) 501(a) (iii)s903904 *

(1) (2)................. (3)................ eipowww.eipo.com.hk (4)............ eipo....................... (2)................................................................................................ (5)....... (6)...................................... i

1. 2. 3. 4. www.eipo.com.hk 5. (i) (ii) 6. 1,000,000 183 17 1712-1716 ii

1,000,000 iii

................................................. i...................................................... iv...................................................... 1...................................................... 16................................................. 27................................................... 29...................................... 51................................. 52...................................... 55 iv

................................................... 59................................................... 61...................................................... 75................................................. 79................................................. 93...................................................... 95....................................... 134............................................ 144................................................... 147................................................... 149...................................................... 151................................................... 154....................................... 192...................................................... 194.............................................. 205......................................... 213................................... 225......................................... I-1..................................................................................................................... II-1 III-1 IV-1......................................... V-1..................... VI-1..................................... VII-1.......................... VIII-1 v

Euromonitor 111,318 1,411,558 313,958 KII 15,920 26,829 21,015 47,554 100,500 1

167,000 8,892 38%52%89% 80% 2

65,200,000 162,700,000366,500,000409,800,000 11,900,000 48,500,000 266,700,000 279,000,000 17,000,000 5,000,000 3

............... 65,162 162,662 366,495 230,251 409,758............ (17,072 ) (38,047 ) (81,138 ) (52,846 ) (86,813 )............... 48,090 124,615 285,357 177,405 322,945......... 7,919 5,214 54,237 9,243 21,766............ (8,089) (15,540) (12,892) (2,450) (5,005)......... (12,880) (33,436) (34,032) (8,016) (8,686)............ 35,040 80,853 292,670 176,182 331,020............ 13 378 3,131 645 7,737............ (15,421 ) (15,261 ) (17,835 ) (4,382 ) (2,257 ).. (15,408 ) (14,883 ) (14,704 ) (3,737 ) 5,480....... 19,632 65,970 277,966 172,445 336,500.............. (7,728 ) (17,480 ) (11,291 ) (1,841 ) (57,491 )....... 11,904 48,490 266,675 170,604 279,009 5

............. 97,490 5,659 35,231 134,653.............. 170,610 488,572 455,187 377,846............. 7,307 54,337 48,389 39,147......... 183,537 156,487 147,349......... 275,407 732,105 695,294 698,995................. 38,376..... 62,621 38,201 18,180 27,616......... 514,849 778,677 378,799 364,930......... 45,554 50,218 49,169........ 19,340 5,904 1,517,447 1,334,637........... 596,810 906,712 1,964,644 1,776,352................. 176,120 214,759 19,184..... 412,857 868,747 670,009 263,038......... 30,920 239,552 29,342 6,005.............. 39,455 454 1,833.............. 3,170 13,006 13,443 38,813.............. 26,934 29,879 23,879 281,091........... 650,001 1,405,398 756,311 590,780. (53,191 ) (498,686 ) 1,208,333 1,185,572...... 222,216 233,419 1,903,627 1,884,567................. 16,513........... 34,700 12,181 12,013 7,712........... 14,455......... 51,213 12,181 12,013 22,167.............. 171,003 221,238 1,891,614 1,862,400 6

..... 109,545 135,000 17 17.............. 37,317 37,320 37,320 37,320.............. 14,880 20,071 44,716 45,590.............. 9,261 28,847 270,877 291,800.............. (6,685) (57,696).............. 1,416,665 1,416,665.............. 128,704 128,704... 171,003 221,238 1,891,614 1,862,400........... 261,392 227,174 220,331 43,345 (16,429). (212,247) (459,362) (77,960) (31,584) (83,748)........... (29,919) 218,752 1,375,857 (11,465) (31,622).... 19,226 (13,436) 1,518,228 296 (131,799) (1)...................... 19 22 (2).......................... 0.0950.108 (3)......................... 0.1080.123 7

(1) (2) 20,000,000,000 (3) 17,647,540,984 (1) 1.40 1.71 (2)....................... 280 342 (a) (3).............. 13.0 15.8 (b) (4)................. 11.4 13.9... 0.31 0.35 (1) (2) 20,000,000,000 (3) 1.401.71 (4) 1.401.71 1.56 1.40 1.71 0.35 0.110.12 8

(i) (ii) 30% 9

23,700,000257,200,000 39.9 1.40 48.74 1.71 1.56 1.401.7144.32 9%4 89%39.32 2%1 6.65 1.56 90%10% 10

1.71 4.42 90%10% 10%1.40 4.42 11

A A1:1 15

ARI * * 41.67% BVI Headco BVI Holdco 1 BVI Holdco 2 BVI Holdco 3 BVI Holdco 4 BVI Holdco 5 BVI Holdco 6 BVI Holdco 7 16

BVI Holdco 8 BVI Holdco 9 BVI Holdco 10 BVI Holdco 11 Capital International Private Equity Fund V, L.P. CGPE V, L.P. 16,998,157,000 223 17

30% Wealthy Aim Holdings Limited Euromonitor 35,000 Euromonitor 50% 18

HK Holdco 1 HK Holdco 2 HK Holdco 3 HK Holdco 4 HK Holdco 5 HK Holdco 6 HK Holdco 7 HK Holdco 8 HK Holdco 9 19

HK Holdco 10 HK Holdco 11 32 300,000,000 20

2,700,000,000 (i) (ii) (iii) Ever Union Capital LimitedPalmas Assets LimitedGlobal Giant Enterprises Limited 21

Ever Union Capital LimitedPalmas Assets Limited Global Giant Enterprises Limited Jade Century Jade Century Development Limited KII 22

Fast Flow Investments Limited 1.0%0.004% 0.005%1.71 1.40 450,000,000 15% 23

144A S S 58.33% 40.15%1.14%0.38% 144A 144A Sequoia Capital China Growth Fund I, L.P.Sequoia Capital China Advisors Limited Sesuoia Capital China Growth Fund I, L.P. Sequoia Capital China Growth Fund Management I, L.P. Sequoia Capital China Growth Fund Management I, L.P. SC China Holdings Limited 24

571 0.01 * 25

eipo eipowww.eipo.com.hk eipo www.eipo.com.hk eipo 0.8772 1.00 6.8276 1.00 1.007.7834 * 26

80% 100,500 167,000 30

Euromonitor 4,960 7,480 14.7% 31

17.0% 32

68.96% 50% 196,200,000 169,000,000 158,800,000 229,100,000206,700,000196,500,000 116.7%122.3%123.7% 33

(i) 50%(ii)16% 16% 16% 15% 229,100,000 196,500,000 34

5.58%5.76% 7.47%7.56% 15,400,000 15,200,000 17,800,000 17.5% 35

65,200,000 162,700,000366,500,000409,800,000 11,900,000 48,500,000 266,700,000 279,000,000 61,900,000 190,000,000 365,500,000 38%52%89% 80% 37

2000 44 2005 181 181 12% 181 181 181 14,052,0006,317,000 1,688,000 38

10% 50% 40

20,000,000 41

(1)(2) 161,900,000 610,500,000 (1) (1) (i)40 4,300,000 405 (ii)34 61,900,000393(iii) 40 190,000,000 465(iv)39365,500,000 465 42

40 43

10% 5% 25% 45

25% 46

2% 1.5%3.0%,(i) (ii) 47

1.71 0.35 48

8.12 8.12 (1) (2) (3) 3A.19 3A.19 13.468.12 51

23 33 5204 68 16 33 5 4156 19 Howden Road London, SE25 4AS United Kingdom 5001/91 Liverpool Street Sydney NSW 2000 Australia 23 8 2LGA 18 67 55

41C 9A 58 2 1002 18 56

1 26 1 15 330 8 52 1 38 8 141 20 15 Conyers Dill & Pearman Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman, KY1-1111 Cayman Islands 57

15 41 3A 18 A7 1930 100034 10 8 18 34 1 26 1 1 58

Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman, KY1-1111 Cayman Islands 23 150001 391-407 12 www.renhebusiness.com FCPA, FCCA FCPA, FCCA 68 FCPA, FCCA 8 144 F 59

183 17 1712-1716 378 60

Euromonitor EuromonitorEuromonitor Euromonitor 450 Euromonitor Euromonitor Two Union Square 61

.................................................. KII Euromonitor 62

99,210246,620 13.9%17.0% 25,000 20,000 15,000 10,000 5,000 World Economic Outlook Database9.5% 5.94 4.5929.4% 36.2%45.0% 63

600 575 550 525 500 475 50 40 30 20 10 450 0 4,998 8,697 9.7% 10,000 8,000 6,000 4,000 2,000 0 64

11.5% Euromonitor 65

3,7117,886 20.7%460 6177.5% 90 75 60 45 30 15 0 Euromonitor 385 5187.7%75 99 7.2% 6 5 4 3 2 1 0 Euromonitor 66

Euromonitor80 50%80% 41%26% 4 12,000 10,000 8,000 6,000 4,000 2,000 0 67

4.6%25.9% 14% 960 14.7%17.1% 4% 1200 5 4 800 3 400 2 1 0 0 29.6%33.4% 68

1 255 48023.5% 2 69

480 70

700 600 500 400 300 200 100 0 20 2 18.9% (1) 71

(1) 202 990 2,44024,768 7,004 12,772 12.8%... 123 141 168 183 209 244 (%)....... 11.5% 13.5% 14.7% 14.1% 13.5% 13.5%....... 12,993 14,826 17,321 18,852 21,374 24,768....... 7,004 7,893 8,940 10,065 11,230 12,772.... 5,500 6,230 6,896 7,897 8,515 9,294 72

1,000 7,050 71,219 13,380 22,46910.9%... 320 376 445 515 607 705 (%)....... 13.2% 15.0% 15.0% 13.0% 14.7% 14.5%........ 32,339 38,398 45,906 53,809 63,100 71,219........ 13,380 15,003 16,884 18,287 19,851 22,469..... 10,672 11,571 13,121 14,468 15,445 18,951 740 2,42033,169 7,495 13,692 12.8%... 93 110 138 165 200 242 (%)....... 10.9% 14.7% 15.5% 15.8% 15.7% 15.6%........ 13,584 15,910 19,415 23,045 27,798 33,169........ 7,495 8,346 9,364 10,640 11,822 13,692..... 5,480 5,958 6,619 7,223 7,619 8,757 73

710 3,070 43,307 7,050 14,60715.7%... 140 160 190 208 248 307 %...... 13.1% 14.2% 15.5% 16% 16.5% 17.7%........ 20,322 23,248 27,392 29,833 35,283 43,307........ 7,050 7,961 8,924 10,098 11,651 14,607..... 6,074 6,690 7,213 7,863 8,670 11,256 Euromonitor EuromonitorEuromonitor Euromonitor Underground Apparel Shopping Centers in China 35,000 74

1. [2000]44 (2002)346 75

2. 3. [2003]18 76

[2001]211 [2001]210 77

50 50 130 130 78

50%10,000,000 25% 100% 50%50% 90%10% ARI50% 90%10% 79

ARI 60%40%5% KIIARI 20%75%5% A 14.3 35.8 KII 80

....................................................... 81

100% 100% 100% 100% 100% 1.00 100% 90%10%1.006,000,000 90%10%1.00 3,000,000 ARIKII ARIKII 35,000,000 ARIKII 1,500,0001.006,400,000 82

100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 83

130,000 A13 38,000,000 380,000 380,000 355,000 0.01 A 37,645,000 0.01 130,000 A 1,569,999 A13 9 90,000 80,000 A18,000 A8 1.898,000 98,000 A A9.8 5.3 53,000 Ever Union Capital Limited Palmas Assets LimitedGlobal Giant Enterprises Limited 27,645A11,979A6,451A73,720A 31.370,000,000 8119,795 119,795 AA 13 1,077,014 84

Fast Flow Investments Limited Centennial Success Limited Centennial Success Limited Cheng Yu Tung Family (Holdings) Limited 51% Fast Flow Investments Limited Woodbury Capital Management Limited Woodbury Capital Management Limited 85

Capital International Private Equity Fund V, L.P. Capital International, Inc.Capital International, Inc. Capital International Investments V, LLC.Capital International Investments V, L.P.Capital International Private Equity Fund V, L.P. Capital International Investments V, L.P. Capital International Investments V, LLCCGPE V, L.P.Capital International Private Equity Fund V, L.P. CGPE V, L.P.Capital Group Companies, Inc.Capital International Private Equity Fund V, L.P. The Capital Group Companies, Inc.Capital International, Inc.CGPE V, L.P. Sequoia Capital China Advisors Limited Sequoia Capital China Growth Fund Management I, L.P. SC China Holdings Limited Ever Union Capital Limited Che FungEver Union Capital Limited Palmas Assets Limited E-House China Real Estate Investment Fund I, L.P.E-House China Real Estate Investment Fund I, L.P. E-House Real Estate Asset Management LimitedE-House Real Estate Asset Management Limited E-HouseChinaHoldings LimitedPalmas Assets Limited Global Giant Enterprises Limited Lau Lap Tak Global Giant Enterprises Limited 86

1632 (A)(B)(A) (B)(i)(ii) 1.00 12.8 1680%4.01% (a) (b) (c)(d) 550,000 87

1.00 385,000 550,000 70%6.87% 20%1.35 20%1.35 1.00 1.53 1.96% 30% 30% 10.07(1) (i)20%(ii) 88

20%1.35 25% 1.40 3.64% 1.71 0.32% A A A (1)A(1) (a) A (b) A A 89

A A Capital International Private Equity Fund V, L.P. A A 11 1.241.34 11.43%4.29%1.40 27.49%21.64%1.71 Capital International Private Equity Fund V, L.P. 90

* ** *** Fast Flow Investments Limited 4.60%3.10%0.54%0.27%0.03% 91

* Fast Flow Investments Limited 3.91% 2.64%0.46%0.23%0.03% ** 8.08 Global Giant Enterprises LimitedEver Union Capital LimitedPalmas Assets Limited Wealthy Aim Holdings Limited 143 935,000,000 4.68% 50%30%20% 1.34 Global Giant Enterprises LimitedEven Union Capital LimitedPalmas Assets Limited 4.29%21.64% Wealthy Aim Holdings Limited10.07(1)(a) 92

389,000,000 1.56 249,358,0001.25% 8.31% City Gains City Gains Group LimitedCity Gains389,000,000 2,0001.56 City Gains249,358,000 1.25%8.31% City Gains Group LimitedWarburg Pincus Real Estate I, L.P. Warburg Pincus Real Estate I, L.P. 8.08 (i) (ii)(i)(iii) 93

Euromonitor 111,318 1,411,558 KII313,958 15,920 26,829 21,015 47,554 100,500 167,000 8,892 95

38%52% 89% 80% 96

65,200,000162,700,000 366,500,000 409,800,000 11,900,000 48,500,000 266,700,000 279,000,000 17,000,000 5,000,000 Euromonitor 97

47,900,000 98

Euromonitor 20,000 100% 2007 12 12 99

70% 100

Euromonitor 16 101

15,920 26,829 21,015 47,554 100,500 167,000 158,108 8,892 15,738 10,000 48,000 126,220 350,000 102

121,220 162,000 160,000 150,880 111,318 1,411,558 313,958 KII (1) (2) (3) (4) (4) (4) (4) (5) (6) (7) (8)(11)... 15,920 15,920 15,920 100% (8)(12)... 21,633 5,196 26,829 20,985 97% (8)(13)... 21,015 21,015 21,015 100% (8)(14)... 32,743 (10) 14,811 47,554 (10) 32,743 (10) 100% (15).... 32,500 68,000 100,500 (9) (16).... 124,708 33,400 8,892 (17) 167,000 (9) (18).... 12,590 3,148 15,738 (9) (19).... 8,000 2,000 10,000 (9) (20).... 38,400 9,600 48,000 (9) (21).... 100,976 25,244 126,220 (9) (22).... 280,000 70,000 350,000 (9) (23).... 96,976 24,244 121,220 (9) (24).... 129,600 32,400 162,000 (9) (25).... 128,000 32,000 160,000 (9) (26).... 120,704 30,176 150,880 (9)......... 91,311 (10) 20,007 32,500 192,708 33,400 8,892 (17) 915,246 228,812 1,522,876 (10) 90,663 (10) 103

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 6,196 (11) 40 (12) 40 (13) 40 (14) 40 40 (15) 40 104

(16) (17) (18) (19) (20) (21) (22) (23) (24) KIIKII (25) (26) 105

(i)(ii) (i) (ii) 106

15,920 695 42,600,000 44,700,000 26,100,000 27,400,000 28,500,000 7,400,000 100% 100% 15,393 198 11,436 201 26,829 2236558 4,85019.4%21,633 107

103,700,000 112,400,000 23,200,000 83,300,000 21,200,000 5,900,000 21,400,000 4,850 61,900,000 100%94.3% 21,015 270 68,900,000 74,200,000 108

15,800,000 20,600,000 36,700,000 9,300,000 20,600,000 36,700,000 100% 30 50015 15 47,554 14,811 31.1% 32,743 604 390,800,000 438,600,000 109

14,811 462 50% 50% 5,300,00014,300,0003,500,000 31,400,000 280,100,000 387,100,000 100% 90,100,000190,000,000 21,600,000 365,500,000 100% 100,500 32.3% 110

67.7% 32,500 8,880 129,000,000 167,000 158,108 8,892 8,880 111

20%80% 15,738 9,531 10,000 20% 80% 8,880 48,000 20%80% 9,179 112

126,220 20% 80% 9,509 350,00020% 80% 9,531 113

121,220 20% 80% 9,179 162,000 20% 80% 9,509 160,000 20% 80% 9,179 150,880 20%80% 114

8,880 115

126 116

40 40 (i)(ii) 117

30% 118

119

30 23 18 120

20%60% 80% 70%80% 5% 71,100,000184,100,000 101,700,000110,400,000 121

27.0%19.9%9.4%24.6% 70.2%65.9%36.2%74.8% 5% 1.7%19.9% 122

123

126 2,750 1,968 2%2% 124

2.92%2.51%3.37% 5% 17.0% 125

34 39 40 50% 30 50% 126

5% 8.64%13.46% 5% 257 317 124................ 15 59 5,358 769.................. 11,554 2,433.............. 2,755 663 127

1,931 50% 100,000 (Sky Metro City) 150,000 2,000,000 128

129

862 21 2.4 31 3.6 126 14.6 151 17.5 533 61.9 862 100.0 130

85,00035,000 131

132

6,1962,179 6,196 2,179 2,179 2,179 1,100,000 100,000 6,196 6,196 12,100,000 3,000,000 6,196 248 1,782,000 133

40 12 50 15 48 14 39 18 134

39 16 45 36 39 12 135

32 (Fried, Frank, Harris, Shriver and Jacobson LLP) 49 Capital International, Inc. Capital International, Inc. China Digital TV Holding Company ON*Media Corporation Wharton School of Business 48 12 136

58 40 58 30 40 17 FCPA, FCCA 44 20 137

45 48 12 54 38 43 36 138

34 37 36 12 36 36 11 139

45 14 FCPAFCCA 44 140

862 Wealthy Aim Holdings Limited Wealthy Aim Holdings Limited 47,000 238,000 620,000 141

466,000 636,000 962,000 542,000 655,000 974,000 6,800,000 6,300,000 9,600,00015,000,000 142

3A.19 3A.23 143

30% Wealthy Aim Holdings Limited Wealthy Aim Holdings Limited 5% (i) (ii) (a) 144

(b) 30 (i) 30%(ii) (i) (ii) 145

146

1,000,00014A.33 14A.33 1. 50% 100,000 29 7 1,931 300,000 2. Jade CenturyJade Century1,962 391-407 12 12 51,500 463,500 Jade Century 147

3. 87.46 384,600 144,000168,000267,000 19,000 19,00019,00019,000 4. 1.00 14 148

................................ 13,791,907,217 68.96%................................ 13,791,907,217 68.96%............................. 13,791,907,217 68.96% XV23 10% 12 3.......... 12,856,907,217(L) 64.28% 935,000,000(L) 4.68% 935,000,000(S) 4.68% 3.......... 13,791,907,217(L) 68.96% 935,000,000(S) 4.68% 3....... 13,791,907,217(L) 68.96% 935,000,000(S) 4.68% Cheng Yu Tung Family..... HoldingsLimited CYTFH4 1,449,058,600(L) 7.24% Centennial Success Limited.. Centennial 56 1,449,058,600(L) 7.24% 149

(1) L (2) SWealthy Aim Holdings Limited (3) (4) CYTFHCentennial51%Centennial (5) CentennialFast Flow Investments Limited100% Fast Flow Investments Limited (6) XV23 10% 150

40,000,000,000 400,000,000 1,843,000 18,430 16,998,157,000 169,981,570 3,000,000,000 30,000,000 20,000,000,000 200,000,000 3. 450,000,00020,450,000,000 169,981,570 16,998,157,000 151

(a) A. 3. e 20% (b) (a) (b) (c) A. 3. 10% 152

(i) (ii) (iii) A. 3. D. 153

Euromonitor 111,318 1,411,558 154

65,200,000162,700,000 366,500,000 409,800,000 11,900,000 48,500,000 266,700,000 279,000,000 65,200,000 100,800,000 176,500,000 44,200,000 61,900,000 190,000,000365,500,000 155

192,600,000 214,800,000 19,200,000 50% 16% 15% 229,100,000 156

157

158

40 10 5 5 5 159

........... 65,162 100.0 % 162,662 100.0 % 366,495 100.0 % 230,251 100.0 % 409,758 100.0 %........ (17,072 ) (26.2 ) (38,047 ) (23.4 ) (81,138 ) (22.1 ) (52,846 ) 23.0 (86,813 ) (21.2 )........... 48,090 73.8 124,615 76.6 285,357 77.9 177,405 77.0 322,945 78.8..... 7,919 12.2 5,214 3.2 54,237 14.8 9,243 4.0 21,766 5.3........ (8,089) (12.4) (15,540) (9.5) (12,892) (3.5) (2,450) (1.0) (5,005) (1.2 )..... (12,880) (19.8) (33,436) (20.6) (34,032) (9.3) (8,016) (3.5) (8,686) (2.1 )........ 35,040 53.8 80,853 49.7 292,670 79.9 176,182 76.5 331,020 80.8........ 13 0.0 378 0.2 3,131 0.9 645 0.3 7,737 1.9........ (15,421) (23.6) (15,261) (9.4) (17,835) (4.9) (4,382) (1.9) (2,257) (0.6 )....... (15,408) (23.6) (14,883) (9.1) (14,704) (4.0) (3,737) (1.6) 5,480 1.3... 19,632 30.2 65,970 40.5 277,966 75.9 172,445 74.9 336,500 82.1.......... (7,728) (11.9) (17,480) (10.7) (11,291) (3.1) (1,841) (0.8) (57,491) (14.0 )... 11,904 18.3 % 48,490 29.8 % 266,675 72.8 % 170,604 74.1 % 279,009 68.1 % 17,000,000 5,000,000 160

.......... 65,162 100.0 % 100,781 62.0 % 176,505 48.2 % 40,261 17.5 % 44,249 10.8 %........ 61,881 38.0 % 189,990 51.8 % 189,990 82.5 % 365,509 89.2 %............. 65,162 100.0 % 162,662 100.0 % 366,495 100.0 % 230,251 100.0 % 409,758 100.0 % (i) (ii) 65,200,000 100,800,000 5,300,000 176,500,000 14,300,000 44,200,000 3,500,000 63,418103,315103,31593,490 1,027.5 975.5 1,708.4 473.3 (1) 161

(2)... 26,138 40.1 % 27,370 27.2 % 28,520 16.2% 7,375 16.7 %........ 19,383 29.8 16,602 16.5 16,247 9.2 4,527 10.2........ 3,844 5.9 4,838 4.8 4,997 2.8 1,397 3.2... 15,797 24.2 20,593 20.4 36,665 20.8 9,316 21.0..... 31,378 31.1 90,076 51.0 21,634 48.9...... 65,162 100.0 % 100,781 100.0% 176,505 100.0 % 44,249 100.0 % (1) (1)...... 26,138 27,370 28,520 7,375 15,920 15,920 15,920 15,920 1,641.8 1,719.2 1,791.5 463.3 (2).......... 19,383 16,602 16,247 4,527 15,393 10,543 10,543 10,543 1,259.2 1,574.7 1,541.0 429.4........... 3,844 4,838 4,997 1,397 11,090 11,090 11,090 11,090 346.6 436.2 450.6 126.0 (3)..... 15,797 20,593 36,665 9,316 21,015 21,015 21,015 21,015 751.7 979.9 1,744.7 443.3 (4)....... 31,378 90,076 21,634 44,747 44,747 34,922 701.2 2,013.0 619.5........ 65,162 100,781 176,505 44,249 63,418 103,315 103,315 93,490 1,027.5 975.5 1,708.4 473.3 (1) 162

(2) 4,850 (3) (4) (i) 2,179 (ii) 6,196 19.4% 10.5% 61,900,000190,000,000365,500,000....... 61,881 4,850 12,759.... 189,990 365,509 4,986 9,825 38,105 37,202............ 61,881 189,990 365,509 4,850 4,986 9,825 12,759 38,105 37,202 163

........... 17,072 100.0 % 23,001 60.5 % 37,992 46.8 % 9,779 18.5 % 7,994 9.2 %.......... 15,046 39.5 43,146 53.2 43,067 81.5 78,819 90.8.............. 17,072 100.0 % 38,047 100.0 % 81,138 100.0 % 52,846 100.0 % 86,813 100.0 %... 205 1.2 % 289 1.3 % 1,257 3.3 % 257 3.2 %..... 16,867 98.8 22,712 98.7 36,735 96.7 7,737 96.8........... 17,072 100.0 % 23,001 100.0 % 37,992 100.0 % 7,994 100.0 %...... 538 3.6 % 4,691 10.9 % 8,985 11.4 %........ 14,508 96.4 38,455 89.1 69,834 88.6........... 15,046 100.0 % 43,146 100.0 % 78,819 100.0 % 164

40 40 3,100 3,150 3,1503,2004,3004,600 317 340 360 165

7,900,000 5,200,000 54,200,000 21,800,000....... 7,919 5,426 50,579 9,243 11,082. (212) 3,658... 10,684............ 7,919 5,214 54,237 9,243 21,766 8,100,000 15,500,00012,900,0005,000,000 166

12,900,00033,400,00034,000,0008,700,000 13,000400,0003,100,0007,700,000 15,400,00015,300,00017,800,0002,300,000 27%24%3% 50% 50% 33%25% 25% 50% 167

5%......... 5,301 27.0 % 17,812 27.0 % 75,051 27.0 % 46,560 84,125......... 3,867 19.7 3,790 5.8 4,429 1.6 427......... (1,843 )... (1,440) (7.3) (3,690) (5.6) (68,367) (24.5) (45,167) (38,619 ) 5%........... 14,455.............. (432) (0.7) 178 21 (627 )......... 7,728 39.4 % 17,480 26.5 % 11,291 4.1 % 1,841 57,491 19,600,000 66,000,000 7,700,000 17,500,00039.4% 26.5% 19.7%5.8% 17,500,000 11,300,000 66,000,000 278,000,000 168

26.5%4.1% 1,800,000 57,500,000 (i) 172,400,000 336,500,000 (ii)12.5% (iii) ([1991]38 ( [2002]75 [2000]44 44 [2005]181181 12%181 44181 181 169

14,052,000 6,317,000 409,800,000 230,300,000 78.0% 44,200,000 40,300,000 9.9% 365,500,000 190,000,000 92.4%9,825 86,800,000 52,800,00064.3% 8,000,000 9,800,000 18.3%9,825 78,800,000 43,100,000 83.0%9,825 4,986 322,900,000 177,400,000 82.0% 77.0%78.8% 170

9,200,000 21,800,000 2,500,000 104.3%5,000,000 1,800,000 1,800,000 8,000,0008.4% 8,700,000 176,200,000 87.9% 331,000,000 76.5% 80.8% 600,000 7,700,000 4,400,000 2,300,000 172,400,000 95.1%336,500,000 74.9% 82.1% 171

1,800,000 57,500,000 0.8%14.0% 170,600,000 63.5% 279,000,000 74.1% 68.1% 366,500,000 162,700,000 125.3% 176,500,000 100,800,000 75.1% 1,708.4 975.5(i)(ii) 190,000,000 61,900,000207.0% 81,100,000 38,000,000 113.3% 38,000,000 23,000,00065.2% 172

43,100,000 15,000,000 186.8% 285,400,000 124,600,000 129.0%76.6%77.9% 5,200,000 54,200,000 15,500,000 17.0% 12,900,000 33,400,000 1.8% 34,000,000 80,900,000 262.0% 292,700,000 49.7%79.9% 400,000 3,100,000 15,300,000 16.9% 17,800,000 173

66,000,000 321.4% 278,000,000 40.5%75.9% 17,500,00035.4%11,300,000 10.7%3.1% 50% 48,500,000 450.0% 266,700,000 29.8%72.8% 162,700,00065,200,000 149.6% 100,800,000 65,200,000 54.7%63,418 103,315 1,027.5 975.5 61,900,000 17,100,000 122.9% 38,000,000 174

17,100,000 34.7%23,000,000 15,000,000 124,600,000 48,100,000 159.1%73.8%76.6% 7,900,000 34.2% 5,200,000 8,100,000 92.1% 15,500,000 12,900,000 159.6% 33,400,000 35,000,000 130.7% 80,900,000 53.8% 49.7% 400,000 15,400,000 15,300,000 175

19,600,000 236.0% 66,000,000 30.2%40.5% 7,700,000126.2%17,500,000 11.9%10.7% 11,900,000 307.3% 48,500,00018.3% 29.8% 176

.. 261,392 227,174 220,331 43,345 (16,429)....... (212,247) (459,362) (77,960) (31,584) (83,748).... (29,919) 218,752 1,375,857 (11,465) (31,622).... 19,226 (13,436) 1,518,228 296 (131,799) 152,500,000 177

16,400,000279,000,000 326,900,000 220,300,000 266,700,000 (i)38,400,000 (ii) 38,200,000(iii)22,400,000 (i)152,500,000 (ii) 5,500,000 227,200,000 48,500,000 (i) 395,600,000 (ii)23,600,000(i) 229,100,000(ii)38,400,000 261,400,000 11,900,000 (i) 217,000,000 (ii)17,600,000 6,800,000 178

...... 21,893 111 1,000 49 5......... 53,740 90,909 129 8 8......... 9,966 45,386 166 109......... 70 32 67......... 6,064 6,088........ 81,462 81,462 357,039 66,068 201,507 129,680 10 14,301..... 265,420 77,764 439,985 466,690 127,039 252,713 417........... 416,722 323,502 797,024 533,196 329,554 382,626 432 14,301 83,700,000113,800,000 78,000,000 382,600,000 (i)329,600,000(ii) 89,900,000 459,400,000 (i)797,000,000 (ii) 162,000,000 (iii) 47,900,000533,200,000 212,200,000 (i)416,700,000 (ii) 83,400,000 323,500,000 179

...... 14,032......... 2,844 1,058 14 1,800......... 89........ 121,633 127,959 291,378 119,048 84,645 81,090 777..... 14,561 10,723 84,779 62,098 26,189 58,213 948 11,119........... 136,194 138,682 379,001 182,204 110,848 141,103 1,814 25,151 31,600,000 25,200,000 8,500,000 1,375,900,000 1,437,700,000 110,800,000 (i)141,100,000 (ii) 16,400,000 218,800,000 379,000,00025,500,000 20,900,000 10,400,000 182,200,000 20,800,000 14,000,000 29,900,000 (i) 138,700,000(ii)15,900,000(iii) 15,800,000(iv)14,200,000(i) 136,200,000(ii)24,600,000 180

53,200,000 498,700,000 1,208,300,000 1,964,600,000 756,300,000 1,185,600,000 1,776,400,000 590,800,000 1,416,700,000 176,120,000 197,000,000 229,100,000 206,700,000 196,500,000 181

........... 16,513.. 17,759 19,184........... 176,120 197,000 192,633 214,759 19,184........ 8,200......... 30,920 239,552 29,342 1,109................... 223,553 462,511 48,526 1,109 7.137%7.956% 11.088% 131,000,000 182

............. 207,040 462,511 48,526 1,109.................. 16,513......................................................... 223,553 462,511 48,526 1,109 986,300,000.................. 416 493 567 1,418................ 332 117 1,800 1,800.................. 1,163 1,163..................... 748 610 3,530 4,381................... 7,414 2,858 107,949 475,053............. 300,405..................... 7,414 2,858 107,949 775,458 183

1,300,000 1,300,000 6,000,000 9,800,000 736 67,700,000 43,300,000 18,500,000 24,200,0006,400,000.................. 323,858 684,949 548,016 161,918.............. 55,700 124,705 48,527 39,841..................... 31,541 40,761 52,904 47,949.............. 384 5,993 8,280 364.............. 1,027 2,080 3,938 4,387........... 8,200..................... 347 2,059 8,344 8,579..................... 412,857 868,747 670,009 263,038 184

5%................ 19,729 104,542 44,665 38,441................... 35,971 20,163 3,862 1,400..................... 55,700 124,705 48,527 39,841 986,300,000............................. 301,133.................................... 49,126.................................. 1,083,606..................................... 1,433,865........................................................................... 444,775..................... 1,109......................................... 948......................................... 719.............................................................................. 447,551 185

196,200,000169,000,000158,800,000 196,200,00061,900,000............ 200,000 15,000............... 80,000... 20,000 186

5.58%6.12%7.47% 196,500,000 187

3.9%1.8% 1.5%4.8% (1)................. (2)............................ (3)............................... 19 22 0.095 0.108 0.108 0.123 (1) 188

(2) 20,000,000,000 (3) 17,647,540,984 27%25% (i) (ii) 189

30% 23,700,000257,200,000 11,300,000 20,800,000 6,000,000 3,656,000 4.29 190

(1) (2) (3) (4) 1.40............. 1,862 3,500 5,362 0.27 0.31 1.71............. 1,862 4,275 6,137 0.31 0.35 (1) (2) 1.401.71 (3) 20,000,000,000 (4) 0.87721.00 13.1313.19 13.17 13.1313.19 191

39.9 1.40 48.74 1.71 1.56 1.40 1.71 44.32 9%4 89%39.32 2%1 6.65 1.56 90%10% 1.71 4.42 90%10% 10%1.40 192

4.42 193

194

(a) (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) 195

(b) (i) (ii) (iii) (iv) (v) (vi) 196

(vii) (viii) (ix) (x) (xi) (xii) (xiii) (xiv) (xv) 197

(xvi) (A) (B) (C) (D) 198

Ever Union Capital LimitedPalmas Assets LimitedGlobal Giant Enterprises Limited Ever Union Capital LimitedPalmas Assets LimitedGlobal Giant Enterprises Limited 199

200

(a) (b) 201

10.08 10.08 30 450,000,00015% 1.561.401.71 233,000,000 2.5% 1% 203

(a) (b) 204

1.711.40 1.711.71 8.05(2)(d) 205

206

30 (i)(ii) 207

300,000,000 3,000,000,000 10% 5,000,000 5,000,000 150,000,000 15 50 900,000,00030% 50 100 1,200,000,000 40% 100 208

1,500,000,000 50% 2,700,000,000 (a) (b)501(a) (c)s 30450,000,000 15% 209

2,000 30 450,000,000 15% 3,000,000,000 15% 3,450,000,000 16.87% 450,000,000 10.07(1)(a) 10.07(3) (i) (ii) 210

(iii) (a)(b) (iv) (v) 30 571 (i)(ii) (iii)(i) (ii)(iv) (v)(vi) (ii)(iii)(iv)(v) 450,000,000 15% 211

450,000,000 212

1. www.eipo.com.hkeipo eipo eipo 213

2. www.eipo.com.hk eipo eipo 3. 1 26 1 15 3 30 8 2 52 71 19 214

215 13 71 413-415 G1006-7 G8B G107 589 55 2 1 B1-11 293-301 A 183 1-2 1 673 37-39 82-84 166-174 32 54-62

1992 4. (a) 3. (b) (c) (d) 7.(a) (i) (ii) (A) 216

(B) (iii) (A) (B) (iv) (A) (B) 5. eipo (a) www.eipo.com.hkeipo eipo (b) eipowww.eipo.com.hk eipo (c) eipo eipo www.eipo.com.hk (d) eipoeipo eipo 217

(e) eipo2,000 2,000 www.eipo.com.hk (f) (b)eipo eipo (g) www.eipo.com.hk eipo (e) eipo www.eipo.com.hk (h) eipoeipo eipo eipo eipo 8. 6. (a) 218

2979 7888 (https://ip.ccass.com) 199 2 (b) 2,000 2,000 (c) (i) 219

(ii) 7. (d) 7. (a) (b)eipo www.eipo.com.hkeipo 24 www.eipo.com.hkeipo 220

8. (i) (ii) eipo eipo eipo eipowww.eipo.com.hk eipo 222

9. 1.71 1%0.004% 0.005% 2,000 3,454.51 150,000,000 10. www.renhebusiness.comwww.hkex.com.hk www.renhebusiness.comwww.hkex.com.hk www.iporesults.com.hk 2862 8669 223

eipo 224

1. (a) (b) (c) www.eipo.com.hkeipo eipo eipo (d) (e) eipo 2. (a) (b) (c) 225

(d) 40 40 3. (a) (b) 10. (c) (d) (e) 4. (a) 226

eipo eipo eipo eipo 227

1,000,000 228

(b) (a) (1) (2) (3) (c) 229

(a) 230

40 (d) eipo (e) 5. (a) eipoeipo eipoeipo 231

(b) eipoeipo eipoeipo eipoeipo 50% (c) 232

6. (a) eipo 40 233

(b) eipo eipo (c) (d) eipo eipo 50% 234

www.eipo.com.hk eipo 7. (a) 1,000,000 183 17 1712-1716 235

1,000,000 1,000,000 (b) 1,000,000 1,000,000 1,000,000 236

(c) eipo eipowww.eipo.com.hkeipo 1,000,000 183171712 1716 eipo 1,000,000 www.eipo.com.hkeipo eipo eipo 8. 1%0.004% 0.005% 6. 1.71 237

9. eipo www.eipo.com.hkeipo eipo eipoeipo www.eipo.com.hk eipo (c) eipo 238

10. (a) (b) 239

1%0.004%0.005% 11. 486 (a) (b) 240

242

22 A I-1

(ii) (i)...... (i)..... (i)........................... (i) (ii) I-2

A C 3.340 I-3

A 2410 A. C(1) B(1)B(3)B(4) B(2) I-4

..... 1 100%..... 1 100%..... 1 100%..... 1 100%..... 1 100%..... 1 100%..... 1 100%..... 1 100%..... 1 100%..... 1 100%..... 1 100%..... 1 100%..... 1 100%.......... 1 100%..... 1 100%........ 1 100% I-5

..... 1 100%........ 1 100%..... 1 100%..... 1 100%..... 1 100%........ 1 100%........ 1 100%........ 1 100%........ 1 100%..... 1 100% 100% (i)......... 10,000,000.......... 100% 60,000,000....... 100% 30,000,000............ 100% 35,000,000............ 100% 50,000,000 (i) 100% I-6

B. 1. C.............. 2 65,162 162,662 366,495 230,251 409,758........... 3 (17,072) (38,047) (81,138) (52,846) (86,813).............. 48,090 124,615 285,357 177,405 322,945....... 4 7,919 5,214 54,237 9,243 21,766........... (8,089) (15,540) (12,892) (2,450) (5,005)....... (12,880) (33,436) (34,032) (8,016) (8,686)........... 35,040 80,853 292,670 176,182 331,020........... 13 378 3,131 645 7,737........... (15,421) (15,261) (17,835) (4,382) (2,257) 5(b) (15,408) (14,883) (14,704) (3,737) 5,480...... 5 19,632 65,970 277,966 172,445 336,500............ 6 (7,728) (17,480) (11,291) (1,841) (57,491)...... 11,904 48,490 266,675 170,604 279,009.... 11,904 48,490 266,675 170,604 279,009....... 9(a) 23,713 257,212 10 0.07 0.29 1.57 1.00 1.64 I-7

2. C......... 11 97,490 5,659 35,231 134,653........... 12 170,610 488,572 455,187 377,846......... 13 7,307 54,337 48,389 39,147...... 16 183,537 156,487 147,349 275,407 732,105 695,294 698,995.............. 14 38,376........... 15 62,621 38,201 18,180 27,616...... 27(c) 514,849 778,677 378,799 364,930...... 16 45,554 50,218 49,169.... 17 19,340 5,904 1,517,447 1,334,637 596,810 906,712 1,964,644 1,776,352.............. 18 176,120 214,759 19,184........... 19 412,857 868,747 670,009 263,038...... 27(c) 30,920 239,552 29,342 6,005........... 20 39,455 454 1,833........... 21(a) 3,170 13,006 13,443 38,813........... 26,934 29,879 23,879 281,091....... 650,001 1,405,398 756,311 590,780......... (53,191) (498,686) 1,208,333 1,185,572... 222,216 233,419 1,903,627 1,884,567.............. 18 16,513....... 20 34,700 12,181 12,013 7,712....... 21(b) 14,455...... 51,213 12,181 12,013 22,167........... 171,003 221,238 1,891,614 1,862,400 I-8

2. C. 22(a) 109,545 135,000 17 17........... 22(b) 37,317 37,320 37,320 37,320........... 22(c) 14,880 20,071 44,716 45,590........... 9,261 28,847 270,877 291,800........... (6,685) (57,696)........... 22(d) 1,416,665 1,416,665........... 22(e) 128,704 128,704......... 171,003 221,238 1,891,614 1,862,400 I-9

3. C 22(a) 22(b) 22(c) 22(d) 22(e) 200511...... 85,000 37,298 12,802 22,537 157,637.............. 22(a) 24,545 19 24,564........... 11,904 11,904....... 2,078 (2,078).... 9(b) (23,102) (23,102) 20051231..... 109,545 37,317 14,880 9,261 171,003.............. 22(a) 25,455 3 25,458........... 48,490 48,490....... 5,191 (5,191).... 9(b) (23,713) (23,713) 20061231..... 135,000 37,320 20,071 28,847 221,238.............. 22(a) 7,704 7,704........... 266,675 266,675....... 24,645 (24,645)......... (142,704) 128,704 (14,000)........... 17 1,416,665 1,416,682....... (6,685) (6,685) 20071231..... 17 37,320 44,716 270,877 (6,685) 1,416,665 128,704 1,891,614........... 279,009 279,009....... 874 (874).... 9(b) (257,212) (257,212)....... (51,011) (51,011) 2008331..... 17 37,320 45,590 291,800 (57,696) 1,416,665 128,704 1,862,400 I-10

4. C...... 11,904 48,490 266,675 170,604 279,009............ 17,648 23,596 38,193 9,900 8,063............ 205 289 1,257 314 257... (10,684)...... 15,408 14,883 14,704 3,737 (5,480).... 212 (3,658)........... 7,728 17,480 11,291 1,841 57,491 52,893 104,950 328,462 186,396 328,656...... (229,091) 22,386 (24,153) 10,187...... (1,749) 1,734 (5,513) (8,468) (10,721)...... 217,049 395,601 (152,526) (146,888) (326,885).... (38,376) 38,376 38,376......... (6,801) (7,644) (10,854) (1,918) (17,666).. 261,392 227,174 220,331 43,345 (16,429)...... 4,536........... 13 378 3,131 645 7,737...... (83,413) (3,404) (14,901) (1,515) (1,599)...... (47,857)....... (2,612) (161,953) (89,936) (44,265) (113,755).... (416,722) (797,024) (329,554) (121,860) (432)......... 323,502 533,196 382,626 133,720 14,301....... (33,015) 17,302 (33,862) 1,691 10,000......... (212,247) (459,362) (77,960) (31,584) (83,748) I-11

4. C...... 24,564 25,458 1,437,721... 136,194 379,001 110,848 13,655 1,814....... (138,682) (182,204) (141,103) (21,061) (25,151)... 19 5,255 10,400....... 19 (15,806) (8,200).... (15,907) 20,880 (1,000) (8,500)........... (11,301) (20,768) (6,000)........... (14,236) (14,015) (16,409) (4,059) 215.... (29,919) 218,752 1,375,857 (11,465) (31,622).. 19,226 (13,436) 1,518,228 296 (131,799)....... 114 19,340 5,904 5,904 1,517,447... (6,685) (51,011)....... 19,340 5,904 1,517,447 6,200 1,334,637 I-12

C. 1. (a) 32 (b) (c) 29 (d) (i) (ii) I-13

(e) (f) (g) 1(l) (h) 1(l) 1(i) (i) (i) 1(l) 1(s) I-14

(ii) (iii) 40 10 5 5 5 1(l) (j) 40 1(l) (k) 1(s) I-15

(l) (i) (ii) (m) (n) I-16

(o) 1(n) (p) (q) (i) (i) (ii) 1(q)(ii) (ii) I-17

(r) (i) (ii) (iii) (iv) (s) (t) I-18

(u) (i) (ii) (iii) (iv) I-19

(v) (i) (vi) (v) (w) 2............... 65,162 100,781 176,505 40,261 44,249............ 61,881 189,990 189,990 365,509 65,162 162,662 366,495 230,251 409,758 I-20

3............... 17,072 23,001 37,992 9,779 7,994............ 15,046 43,146 43,067 78,819 17,072 38,047 81,138 52,846 86,813 4... 7,919 5,426 50,579 9,243 11,082............ (212) 3,658 18............ 10,684 7,919 5,214 54,237 9,243 21,766 5. (a)........ 5,649 8,675 14,037 3,246 3,594 23........ 47 238 620 544 556............. 581 661 388 83 13 6,277 9,574 15,045 3,873 4,163 I-21

(b)..... 13 378 3,131 645 7,737....... (15,419) (15,248) (17,771) (4,381)... (2,257)........ (2) (13) (64) (1)........ (15,408) (14,883) (14,704) (3,737) 5,480 (c)... 9 23 75 29 56........ 431 2,406 4,752 1,066 1,284...... 3,767 6,818 8,599 1,835 2,024..... 781 884 1,458 434 326...... 546 478 45 330............. 1,782 (d) 12% [1991] 38 [2002] 75 I-22

6. (a) 21(a)..... 7,728 17,480 11,291 1,841 43,036 21(b)........ 14,455 7,728 17,480 11,291 1,841 57,491 27%24% 3% (1997) 121 50% 50% 25% 50% 10% 25% 5% 5% I-23

(b)....... 19,632 65,970 277,966 172,445 336,500........... 5,301 17,812 75,051 46,560 84,125.......... 3,867 3,790 4,429 427 18... (1,843)..... (1,440) (3,690) (68,367) (45,167) (38,619) 5%............. 14,455............... (432) 178 21 (627) 7,728 17,480 11,291 1,841 57,491 7.............................................. 60 60............... 44 2 46............... 120 120.......................................................................... 240 240............................................. 464 2 466 I-24

............... 80 80.............................. 70 70............... 41 3 44............... 120 2 122.......................................................................... 320 320............................................. 631 5 636............... 240 240............... 35 35............... 100 1 101............... 50 3 53............... 190 3 193.......................................................................... 340 340............................................. 955 7 962 I-25

............... 60 60............... 15 15............... 15 15............... 9 1 10............... 30 1 31.......................................................................... 120 120............................................. 249 2 251............... 60 60............... 30 30............... 30 1 31............... 25 1 26............... 60 1 61.......................................................................... 60 60............................................. 265 3 268 I-26

8 8. 7........... 120 60 100 30 30............ 2 3 2 1 122 63 100 32 31 1,000,000........ 2 1 1 2 1 9. I-27

(a)... 6,483.......... 15,014 48,573....... 2,216 4,935........... 203,704 23,713 257,212 (b)... 11,322 6,483.......... 11,780 15,014 48,573....... 2,216 4,935........... 203,704 23,102 23,713 257,212 257,212,000 10. 11,904,000 48,490,000 266,675,000 279,009,000 1,843,000 16,998,157,000 1:1 I-28

11.............. 2,878 5,928 8,806.......................... 94,346 565 94,911........ 94,346 3,443 5,928 103,717.......................... 257,943 537 2,867 261,347................... (352,289) (352,289).......................... (50) (50)........ 3,930 8,795 12,725.......................... 30,176 954 1,254 32,384................... (476) (476).......................... (2) (4,792) (4,794)........ 29,700 4,882 5,257 39,839.......................... 99,613 137 99,750.......................... (20) (20).......... 129,313 4,999 5,257 139,569............. 2,283 3,163 5,446...................... 144 637 781........ 2,427 3,800 6,227...................... 245 639 884..................... (45) (45)........ 2,627 4,439 7,066...................... 327 1,131 1,458..................... (2) (3,914) (3,916)........ 2,952 1,656 4,608...................... 112 214 326..................... (18) (18).......... 3,046 1,870 4,916........ 94,346 1,016 2,128 97,490........ 1,303 4,356 5,659........ 29,700 1,930 3,601 35,231.......... 129,313 1,953 3,387 134,653 I-29

12................ 236,279 238,690 572,229 575,579................. 352,289 476......................... 2,411 3,099 2,874 230...................... (19,783) (75,535)......................... (2,066)............... 238,690 572,229 575,579 500,274............... 51,213 68,080 83,657 120,392................. 16,867 22,712 36,735 7,737...................... (5,276) (5,701).................... (1,859)............... 68,080 83,657 120,392 122,428...................... 170,610 488,572 455,187 377,846 170,610,000142,932,000 130,320,00018 345,640,000 324,867,000251,258,000 1,141,200,000 1,455,900,000 5,101,000,000 5,101,000,000 I-30

13................. 7,751 7,751 55,029 50,328......................... 47,857...................... (579) (4,701) (9,235)............... 7,751 55,029 50,328 41,093............... 239 444 692 1,939................. 205 289 1,257 257...................... (41) (10) (250)............... 444 692 1,939 1,946...................... 7,307 54,337 48,389 39,147 7,307,000 6,580,000 2,203,000 18 14. 168,986,000 15....................... 1,296 1,296 6,045 9,810...................... 6,119 1,135 771 15,401.................... 61,576 42,140 17,734 8,775 68,991 44,571 24,550 33,986................... 6,370 6,370 6,370 6,370 62,621 38,201 18,180 27,616 I-31

6,370,000 16. 17....................... 6,400 1,968 528 170...................... 12,940 3,936 1,516,919 1,334,467 19,340 5,904 1,517,447 1,334,637...................... 133,919 134,319 I-32

18.................. 16,513................. 17,759 19,184................. 176,120 197,000 176,120 214,759 19,184... 11.088% 16,513 17,759 19,184... 7.956% 197,000... 7.137% 176,120 176,120 197,000 7.137% 7.956% 1213 1.9627(b) 100 8,500,000 10,684,000 8,500,000 I-33

19....................... 323,858 684,949 548,016 161,918................... 55,700 124,705 48,527 39,841......................... 31,541 40,761 52,904 47,949................... 384 5,993 8,280 364................... 1,027 2,080 3,938 4,387..................... 8,200......................... 347 2,059 8,344 8,579 412,857 868,747 670,009 263,038 5% 182,232,000370,926,00061,109,000 60,371,000 1..................... 19,729 104,542 44,665 38,441........................ 35,971 20,163 3,862 1,400 55,700 124,705 48,527 39,841 20. 21. (a)............. 2,243 3,170 13,006 13,443 6....... 7,728 17,480 11,291 43,036.................. (6,801) (7,644) (10,854) (17,666) 3,170 13,006 13,443 38,813 I-34

(b) 5%6(a) (c) 22. (a) 1,843,000 0.0131(a) (b) (c) 10%50% (d) (e) (f) 22(d) 247,0003,656,000 I-35

(g) 22.09%13.10%0.72% 23. 22%12%20% 24. (a) 16 196,245,000 169,003,000 158,803,000 (i) 200,000 (ii) 15,000.................... (iii) 80,000....... (iv) 20,000 I-36

(i) (ii) 10,000,0005,000,000 (iii) (iv) (b) [2000]44 [2005]181 181 12% 181 181 5(d) 181 14,052,000 6,317,0001,688,000 25. (a) 1.................... 65,758 128,606 171,199 174,973 15.................... 113,500 292,780 289,540 278,678 5................... 5,135 4,386 5,882 5,629 184,393 425,772 466,621 459,280 I-37

(b) 1.................... 416 493 567 1,418 15.................... 332 117 1,800 1,800 5................... 1,163 1,163 748 610 3,530 4,381 26......................... 7,414 2,858 107,949 475,053................. 300,405 7,414 2,858 107,949 775,458 27. (a) 7 8.... 868 1,093 1,623 372 468.... 6 14 19 5 5 874 1,107 1,642 377 473 I-38

(b)........ 69,840 1,008 1,008 5 (i).... 81,462 357,039 201,507 83,932 10 (ii)... 265,420 439,985 127,039 36,920 417........ 164,276 438 233 26 (i).... 81,462 66,068 129,680 20,544 14,301 (ii)... 77,764 466,690 252,713 113,150........ 2,844 14 6 89 (i).... 121,633 291,378 84,645 1,164 777 (ii)... 14,561 96,614 26,189 12,485 948........ 1,058 1,800 1,820 14,032 (i).... 127,959 119,048 81,090 1,164 (ii)... 10,723 62,098 58,213 18,077 11,119 (iii)... 1,615 58,890 (i)....... 196,000........ 19 19 19 5 5.... 159 683 285 63 91.... 300 (iv)...... 197,000 (v)....... 280,000 80,000 I-39

(c).................. 663 225 1,000 1,005 (i)............... 290,971 169,710 155,419 (ii)...... 514,186 487,481 208,089 208,506 514,849 778,677 378,799 364,930.................. 1,786 14,160 217 (i)............... 17,120 189,450 3,555 4,332 (ii)...... 13,800 48,316 11,627 1,456 30,920 239,552 29,342 6,005 (i) 1.96 1.96 (ii) (iii) (iv) 18 (v) 24(a) I-40

28. (a) 16 (b) 181927(c) (c) 18 100 13,088,000 14,237,000 100 (d) I-41

0.4% 0.4%............... (3,913) (3,771) 0.4%............... 3,913 3,771 (e) (i) (ii) (iii) 29. I-42

1 (a) (b) 36 (c) 30. I-43

31...................................... 4,310...................... 16 547,340.................... 1,423,563 816,122........................... 1,423,579 1,367,772.............................. (a) 17 17........................... (6,685) (58,727)........................... 22(d) 1,416,665 1,416,665........................... (b) 247 3,656........................... 1,410,244 1,361,611...................... 13,335 5,233................. 928........................... 13,335 6,161...................... 1,423,579 1,367,772 (a) 0.01...... 37,645 353 37,645 353 0.01............ 355 3 355 3 38,000 356 38,000 356.................... 1,615 15 1,495 14.............. 228 2 348 3 1,843 17 1,843 17 380,000 38,000,000 0.01 380,000 355,000 0.01 A37,645,000 0.01 119,795 119,795A I-44

A AA A A A (b) 32. 8.................... 32 1............ 2................................ 3............. 23......... 27..... 13........... 1 27.......... 39......... I-45

D. 1. 2. 16,998,157,000 169,981,570 3. 49,800,000 100% I-46

E. I-47

4.29 (i)(ii) II-1

A. 4.29 (1) (2) (3) 1.40........ 1,862 3,500 5,362 0.27 0.31 1.71........ 1,862 4,275 6,137 0.31 0.35 (1) (2) 1.40 1.71 (3) 20,000,000,000 II-2

B. (1)................. 19 22 (2).................... 0.0950.108 (3)..................... 0.1080.123 (1) (2) 20,000,000,000 (3) 17,647,540,984 II-3

C. 10 8 (A)(B) 4.29 7 4.29 II-4

300 4.29(1) II-5

(a) (b) (c) 4.29(1) II-6

(A) C 1 (B) a. b. c. d. e. f. g. III-1

George A. Taylor III-3

32334(2) (3)5 12 16 IV-1

IV-2

277 Bsc (Hons) FHKIS FRICS RPS(GP) FHIREA 25 IV-3

1. 586,000,000 100% 586,000,000 2. 376,000,000 100% 376,000,000 3. 170,000,000 100% 170,000,000 4. 773,000,000 100% 773,000,000 17 IV-4

5. 3,196,000,000 100% 3,196,000,000 5,101,000,000 6. i 7. ii i. 4,099,500,000100%4,099,500,000 ii. 5,730,000,000100%5,730,000,000 IV-5

8. 29 9. 965 10. 93 14 11. 1 6 603-606 12. 391-407 12 11 5,101,000,000 IV-6

1. 586,000,000 15,920 100% 29,500,000 586,000,000 5,967 IV-7

1. (2003)79939 5,966.5 2. 00065671 15,920.38 3. a. b. c. IV-8

2. 376,000,000 10,543 100% 18,100,000 376,000,000 5,742 358 15,393 IV-9

1. (2003)79938 5,742.1 2. 15,392.64 00065672................ 15,392.64 15,392.64 3. 4,850 4. a. b. c. IV-10

3. 9,517 170,000,000 11,090 100% 170,000,000 5,590,000 5,821 11,437 IV-11

1. (2003)79937 5,821.1 2. 11,436.53 00065670................ 11,436.53 11,436.53 3. 346 4. a. b. c. IV-12

4. 773,000,000 21,015 100% 37,300,000 17 773,000,000 8,373 IV-13

1. (2003)79940 8,372.6 2. 21,014.84 00065673................ 21,014.84 21,014.84 3. a. b. c. IV-14

5. 3,196,000,000 32,743 100% 86,500,000 3,196,000,000 24,855 40 IV-15

1. (2006)01100189 24,854.805 704050 2. 14,811 3. 4. a. 3 b. c. 5. (i)............................................. (ii)............................................. (iii).......................................... IV-16

6. 48,150 100,500 640,000,000 40 IV-17

1. 4,099,500,000100%4,099,500,000 2. a. b. 3. (i)............................................. (ii)............................................. (iii).......................................... IV-18

7. 87,000 167,000 1,479,000,000 1,481,000,000 40 1. 5,730,000,000100%5,730,000,000 IV-19

2. a. b. 3. (i)............................................. (ii)............................................. (iii).......................................... IV-20

8. 1,931 5 29 1. 1,930.96 1,200,000 2. 3. 4. a. b. c. d. IV-21

9. 600 965 1. 600 14,42014,852.6 2. C3212759 3. 4. a. b. c. IV-22

10. 1,880 36 1 4 93 1 4 1. 1,880 450,000 2. 3. 4. a. b. c. d. IV-23

11. 39 1 6 6 603-606 4,557 751,905 1. 2. 3. S/H4/12 IV-24

12. 12 391-407 12 11 1,962 Jade Century Development Limited 51,500 1. Jade Century Development Limited 2. 3. S/H5/25 IV-25

10% 10% V-1

10% 10% 33% 63 512 25% 3%20% 5% V-2

0.2 10 0.630.0 [2000]44 V-3

V-4

30 (i) 50,000(ii) (iii) (iv) V-5

(v) V-6

22 1. (a) 27(2) (b) 2. (a) (i) VI-1

(ii) (iii) (iv) (v) VI-2

(1) (2) (3) (4) VI-3

(5) (5%) (6) (vi) VI-4

(vii) (1) (2) VI-5

(3) (6) (4) (5) (6) (viii) (ix) VI-6

(x) (30) (b) (c) (i) (ii) (iii) (iv) (v) VI-7

(d) (e) (21) (95%) (21) (15) (f) VI-8

(i)(ii) (iii) (iv) (v) (5%) VI-9

(g) (h) (21) VI-10

(i) (e) (21) (14) (i) (ii) (95%) (1) (2) (3) (4) (5) (6) (20%) (7) VI-11

(j) (30) VI-12

(k) (l) (m) (i) (ii) (a) (b) VI-13

(n) (o) (20%) VI-14

(14) (20%) (p) (2) 2.50 1.00 (q) VI-15

(r) 3(f) (s) (i) (ii) (t) (i) (ii) (iii) VI-16

(u) 3. (a) (b) (a)(b) (c)37 (d) VI-17

(e) (f) (c) (d) VI-18

(e) 34 34 2(m) (f) (a)(b) (c) VI-19

(g) (h) (i)(ii) (iii) (i) (j) 6 (1) (2) VI-20

(k) (l) (m) (n) VI-21

(o) (75%) (p) (90%) VI-22

(q) 4. Conyers Dill & Pearman VI-23

A. 1. 391-407 12 XI 2. 380,000 38,000,000 0.01 (a) Codan Trust Company (Cayman) Limited (b) 0.01 (c) 380,000 38,000,000 380,000 355,000 0.01 A37,645,0000.01 0.01 130,000 A1,569,999 (d) 90,000 10,000 VII-1

(e) 98,000 98,000A 53,000 10,000 (f) 119,795119,795A (g) 347,795A A347,795 1:1A (h) (i) (ii) 400,000,000 40,000,000,000 0.01 20,000,000,000 20,450,000,000 3. (a) (b) 39,962,000,000 399,620,000 355,000A 355,000 400,000,000 40,000,000,000 VII-2

(iii) (f) 10% (i) (ii) (iii) 4. 5. VII-4

6. (a) (b) 10% (i) (ii)(iii) (c) VII-5

(d) (e) (f) 20,000,000,000 2,000,000,000 (g) VII-6

26 B. 1. (1) Fast Flow Investments Limited Fast Flow Investments Limited 57,22557,22510,0005,000550A 13 (2) (3) (4) Capital International Private Equity Fund V, L.P.CGPE V, L.P. Capital International Private Equity Fund V, L.P.CGPE V, L.P. 77,0442,95618,000A 9.80 (5) Ever Union Capital LimitedPalmas Assets LimitedGlobal Giant Enterprises Limited Ever Union Capital LimitedPalmas Assets LimitedGlobal Giant Enterprises Limited 27,645 11,979 6,451 73,720 A 13 VII-7

(6) Fast Flow Investments Limited (7) Fast Flow Investments Limited Capital International Private Equity Fund V, L.P.CGPE V, L.P. (8) Fast Flow Investments Limited Capital International Private Equity Fund V, L.P.CGPE V, L.P. Ever Union Capital LimitedPalmas Assets Limited Global Giant Enterprises Limited (9) 150% (10) 6,000,00010% (11) 190% (12) 190% (13) 3,000,00010% (14) KII 19,250,000KII55% VII-8

(15) ARI 12,250,000ARI35% (16) 3,500,00010% (17) KII 6,400,000KII75% (18) ARI 1ARI5% (19) 1,500,00020% (20) Wealthy Aim Holdings Limited (21) (22) VII-9

2. A. (a) 35, 36, 37 301062341 36 6612689 37 6612690 35, 36, 37 301051055 RENHE 35, 36, 37 301061225 35 6621678/ 6695567 36 6621679 37 6621680 35 6621692 36 6621693 37 6621694 1-1214-3438-45 18 25 VII-10