2 3 4 5 5 5 6 8 9 9 10 10 10 11 13 14 15 16 17

Clarendon House, Church Street, Hamilton HM11, Bermuda 30-38 8 B (852) 2487 5211 (852) 2480 4214 group@termbray.com.hk www.termbray.com.hk 28 26 (852) 2980 1768 (852) 2528 3158 0093 2

14,004,0001,461,000 18 3,268,000 2,494,000 14,004,000 1,461,000 440 131% 228 208 3

6 0.261 60,000,000 4,800,000 10,860,000 4

61 5

352 67,500,000 67,500,000 884,752,780 1,019,752,780 59.13% 2 1 67,500,000 952,252,780 1,019,752,780 59.13% 3 (1) Lee & Leung (B.V.I.) Limited 884,752,78068% 32% (2) 67,500,000 (3) 67,500,000 884,752,780 6

1,000 250,000 5,000 7,000 1,500 250,000 3,000 30,000,000 (30,000,000) 30,000,000 (30,000,000) 2 0.261 7

352 336 5% Lee & Leung (B.V.I.) 884,752,780 51.30% Limited 1 2 1,019,752,780 59.13% 2 1,019,752,780 59.13% Cosmo Telecommunication 151,202,960 8.77% Inc. 3 Jing Xiao Ju 151,202,960 8.77% East Glory Trading 103,397,540 6.00% Limited 4 Master Winner Limited 103,397,540 6.00% 4 Yuan Qinghua 103,397,540 6.00% 8

(1) Lee & Leung (B.V.I.) Limited68% 32% (2) Lee & Leung (B.V.I.) Limited 884,752,780 67,500,000 67,500,000 (3) Cosmo Telecommunication Inc. Jing Xiao Ju (4) East Glory Trading Limited Master Winner Limited Master Winner LimitedYuan Qinghua 2 0.26130,000,000 0.68 9

14 A.2.1 10 10

13 24 34 700 11

12

3 3,268 2,494 (906) (1,229) 2,362 1,265 4 15,007 9,844 2,870 72 (6,170) (9,720) 5 14,069 1,461 6 (65) 14,004 1,461 8 0.84 0.09 0.82 0.09 13

8,515 9,269 67,572 67,871 3,639 3,692 13(b) 2,111 2,117 81,837 82,949 115,790 113,520 9 6,385 6,289 2,347 2,436 598 598 217,469 339,251 189,042 239,665 13(a) 465 465 216,935 16,187 749,031 718,411 10 5,997 6,165 1,213 1,035 11 3,280 6,430 14(b) 871 370 3,179 3,114 14,540 17,114 734,491 701,297 816,328 784,246 12 137,971 133,171 677,941 650,659 815,912 783,830 416 416 816,328 784,246 14

133,171 132,550 (269) 511,597 777,049 416 777,465 2,299 2,299 2,299 1,461 1,461 1,461 2,299 1,461 3,760 3,760 133,171 132,550 2,030 513,058 780,809 416 781,225 133,171 132,550 2,537 515,572 783,830 416 784,246 2,418 2,418 2,418 14,004 14,004 14,004 2,418 14,004 16,422 16,422 4,800 10,860 15,660 15,660 137,971 143,410 4,955 529,576 815,912 416 816,328 15

(5,254) (5,065) 13,304 9,765 (82,339) (12,647) 204,980 54,326 5,891 (836) (181) 189,435 2,828 15,660 199,841 (2,237) 16,187 16,365 907 167 216,935 14,295 216,935 14,295 16

16 34 1 1 7 1 8 2 2 9 3 10 4 1 2 3 4 17

3,268 2,494 2,362 1,265 17,877 6,755 (6,170) (6,559) 14,069 1,461 (65) 14,004 1,461 5,143 4,496 3,961 5,176 4,172 26 1,618 113 146 15,007 9,844 18

299 299 763 862 53 53 3,163 17.5% 19

14,004 1,461 1,667,594 1,664,643 32,623 28,675 1,700,217 1,693,318 4,264 4,072 2,121 2,217 6,385 6,289 20

1,759 1,800 4,238 4,365 5,997 6,165 a b 3,430 3,000 6,430 (150) (3,000) (3,150) 3,280 3,280 (a) 13(c) 21

(b) 12,000,000 3,000,000 3,000,000 3,000,000 1,664,643 133,171 60,000 4,800 1,724,643 137,971 22

(a) 465,000465,000 (b) 234,000 411,0002,111,000 2,117,000 (c) 23

(a) 180,000 180,000 (b) 871,000 370,000 (c) 120,000 720,000 720,000 (d) 3,423,000 3,303,000 24