2017 年報

2017 2 3 2017 7 33 55 65 75 80 85 87 89 90 91 148

Appleby Clifton House 75 Fort Street P.O. Box 1350 Grand Cayman KY1-1108 Cayman Islands 9 6 31 3105 Estera Trust (Cayman) Limited Clifton House 75 Fort Street PO Box 1350 Grand Cayman KY1-1108 Cayman Islands 183 22 2623 http://www.addnewenergy.com.hk 2

2017 12 31 2017 12 31 140.42016 12 31 117.0 23.4 20%2017 12 3154.42016 12 31 11.742.7 364.9%2017 12 3186.02016 12 31 105.219.218.3% 2017 4.2 3 2017

46%65% 46%2017 6 4

2018 2018 2017 2017 120 5 2017

2018 2019 402018 405.5%8 2018 2018 3 28 6

2017 2017 7 2017

2017 27 2017 1 12017 12 31 8

2017 www.addnewenergy.com.hk 9 2017

2017 10

2017 2017 可綠化面積綠化覆蓋率 有能力生長到 5 米或以上的樹木被種植減除部分溫室氣體 11 2017

2017 35,480 12

2017 2019 230 2017 285,64935,480 13 2017

2017 0 14

2017 45 40 35 30 25 20 15 10 5 0 9 31 2 9 78% 82% 15 2017

2017 16

2017 1. 2. 3.4. 17 2017

2017 0 0 18

2017 19 2017

2017 16 132 4% 11% 23% 52% 33% 77% 18% 5% 22% 20-30 30-40 7% 55% 40-50 50 93% 20

2017 40.5% 2017 (%) 36.9% 3.6% 0.0% 0.5% 6.3% 33.7% 18-20 0.0% 20-30 0.5% 30-40 9.4% 40-50 28.4% 50 2.2% 40.5% 0.0% 105 21 2017

2017 105 100 95 90 85 95 102 90 99 98 97 96 95 94 95 98 80 93 100%97 22

2017 12.1 160 50 38120400 12 26.35 70 23 2017

2017 20172017 35,480 890,000 25.08 6,033,571 170.06 120 0.003 102,810 2.90 24

2017 25 2017 1. 2. 3. 4.

2017 26

2017 1. 2. 3. 4. 5. 100% 27 2017

2017 28

2017 2017 (tons of CO2e) C (tons of CO2e/ton) 1 0.42 2 4,823.84 4,824.26 0.14 (a) (b) 1 (c) 35,480 12 5% 8% 87% 29 2017

2017 3 (tons of CO2e) 214 4.922 74 1.702 105 2.415 383 8.809 216 4.968 200 4.6 87 2.001 1 0.023 2 0.046 596 13.708 404 9.292 2,282 52.486 5 30

2017 2017 14% 12% 61% 13% 2017285,64935,480 31 2017

2017 5,200 100% 100% 200,000 9,500 1,28015,425 3,90010,479 5 2016 5201510 32

2013 2017 12 3130.32016 12 31 57.3 27.0 47.1%2017 12 31(1) 22.5 (2) 5.9 4.60 2017 12 31 140.42016 12 31 117.023.4 20% 33 2017

1 2017 12 3186.02016 12 31 105.219.2 18.3%(1) 36.3 21.7 9.3(2) 15.2 5.1 5.1 10.24.0(3) 39.8201738.9 2 2017 12 3154.42016 12 31 11.742.7 364.9%(1) 60.3(2) 12.8(3) 5.72.4 8.112.5 4.4 2017 4.2 34

46%65% 46%2017 6 2013 11 35 2017

2017 46% 2016 20170.8 36

1 2.3 201728.63.5 65% 20173.71.0 2 40 2013 2.0 20173.7 201719.7 18.80.3 46% 0.3 57% 3 2017 2017 37 2017

4 2017 11 5 2017 2017 Micromine Micromine2012 4 172011 11 43.9324.58%TFe 546.295.69%12.81%TFe 86.634.50%13.56%TFe Micromine 2013JORC 38

1. 15% 2. 8.0% 3. 4.624.6%10.6%2011 11 2013 12 4.524.1%10.5% 4. 50166 6 5. 6. 7. 48 8 6 5 60 2011 112013 124.6 1. 9.2% 2. Micromine( 2012 ) 3. 4. 0%9% 5. Micromine 6. 0.27 5.69%12.78%2013 92013 120.26 6.75% 13.44% 7. 5060 2011 112013 82013 92013 12 0.27 39 2017

2011 11 12013 12 31Micromine 2012 4 17 Micromine 2014 1 12017 12 31 (1)2012 4 172011 11JORC(2)2011 112013 12 2017 12 31 2017 12 31JORC2013 12 31JORC 2014 1 12017 12 312017 11 2 5.86 199.40 45.33 31.20 204.50 41.30 37.06 403.90 86.63 (TFe)(%) 24.15 12.78 13.50 24.65 12.83 13.61 (TFe)(%) 24.55 12.82 13.56 (TiO2)(%) 5.76 4.52 5.65 4.48 (TiO2)(%) 5.69 4.50 199.71 40

2016 12 31JORC2013 12 31JORC 2014 1 12016 12 31 5.86 199.60 45.33 31.20 346.20 41.30 37.06 545.80 86.63 256.29 2017 12 312013 12 31JORC2014 1 12017 12 31 (%) (%) 11.3 3.25 26.0 10.6 50.1 3.25 26.8 10.4 61.4 3.25 26.6 10.4 17.6 3.22 24.6 8.7 79.0 3.24 26.2 10.0 2017 12 312013 12 31JORC2014 1 1 2017 12 312017 11 2 (%) (%) 372.6 3.19 6.23 14.04 118.3 3.13 6.14 14.18 490.9 3.17 6.19 14.10 4.0 3.13 5.92 15.03 494.9 3.16 6.19 14.10 41 2017

2017 12 312013 12 31JORC2014 1 1 2017 12 31 (%) (%) 46.2 3.23 4.90 14.72 42.1 3.19 4.88 14.84 88.3 3.21 4.89 14.78 11.3 3.29 5.06 15.05 99.6 3.22 4.91 14.81 20121.532019 3 2012 9 2 46.0332 333 12.4% 6.8%2012 10 2017 12 42

12 31 2017 2016 197 12 31 2017 2016 577 193 74 104 40,104 41,052 3,280 317 997 598 5,340 2,159 262 85 1,265 177 10 11,154 3,336 5,775 3,195 9,757 9,793 809 1,034 115 203 16,456 14,225 15,764 21,862 84,426 39,423 43 2017

201716 39.8 (i) 2 3.2 (ii) 8 0.5 (iii) 3 35.6 13 39.3 (i) 1 0.4 1 0.4 (i) 2 0.1 2 0.1 44

2017 12 3130.32016 12 31 57.347.1%2017 12 3172.2% 27.8% 65% 2017 12 3165%613.2 2016 12 31 451.535.8% 2013 2017 12 3146%1,636.2 2016 12 31 619.1164.3% 45 2017

2017 12 31 2016 12 31 65% 8,188 27.0% 3,591 6.2% 8,188 27.0% 3,591 6.2% 46% 251 0.8% 6,180 10.6% 46% 601 1.0% 251 0.8% 6,781 11.6% 21,867 72.2% 44,386 76.2% 3,122 5.4% 368 0.6% 30,306 100.0% 58,248 100.0% 30,306 100.0% 57,278 98.3% 970 1.7% 30,306 100.0% 58,248 100.0% 46

2017 12 31 2016 12 31 65% 13.4 8.0 13.4 8.0 46% 0.2 9.9 46% 1.0 0.2 10.9 46.7 114.9 60.3 133.8 47 2017

2017 12 31 2016 12 31 65% 35.5 93.2% 11.4 100.0% 57% 2.6 6.8% 38.1 100.0% 11.4 100.0% 46% 3.3 100.0% 3.3 100.0% 11.4 100.0% 2017 2017 12 31 2016 12 31 57.3 27.0 47.1%2017 12 31 30.3 (1) 22.5(2)2017 12 315.9 2017 12 314.6 20172017 12 31 50.7% 2016 12 31 44.42017 12 31 21.9 48

2017 12 31 2016 12 31 65% 45,987 67.6% 3,386 6.0% 45,987 67.6% 3,386 6.0% 46% 156 0.3% 6,823 12.2% 46% 737 1.3% 156 0.3% 7,560 13.5% 21,861 32.1% 44,870 79.8% 103 0.2% 288 0.5% 68,004 100% 56,207 100% 68,004 100% 55,182 98.2% 1,025 1.8% 68,004 100% 56,207 100% 2017 12 31 68.02016 12 31 56.2 11.8 21.0% 38.9 23.0 49 2017

2017 12 31 2016 12 31 65% (37,799) 100.3% 205 10.0% (37,799) 100.3% 205 10.0% 46% 95 (0.3)% (643) (31.5%) 46% (136) (6.6%) 95 (0.3)% (779) (38.1%) 6 (484) (23.7%) 3,019 147.9% 80 3.9% (37,698) 100.0% 2,041 100.0% (37,698) 100.0% 2,096 102.7% (55) (2.7%) (37,698) 100.0% 2,041 100.0% 50

2017 12 31 2016 12 31 65% (461.6)% 5.7% 46% 37.8% (10.4%) 46% (22.6%) 0.03% (1.1%) 96.7% 21.7% (124.4)% 3.5% 2016 12 31 239.72017 12 31 37.7(i)38.0 2016 12 310.22017 12 3137.8 38.9(ii) 3.0 0.7 2016 12 310.62017 12 310.1 2016 12 31 3.5% 2017 12 31 124.4% 38.965% 13.5%4.0% 51 2017

2017 12 310.042016 12 31 1.72017 2016 12 31 24.52017 12 31 11.7 2017 12 31 140.42016 12 31 117.0 23.4 20% 2017 12 319,180,843.84 4,590,421,920 0.002 2017 12 31 35.1%2016 12 3128.5% 2017 12 311.9 2016 12 312.5 2017 12 31207.2 2016 12 31211.4 2017 12 31100 2017 12 31 123.6 2016 12 31120.4 52

2018 2018 2017 2017 120 2018 2019 402018 405.5%8 53 2017

2017 12 31 2016 54

2017 12 31 2017 12 31 75 79 55 2017

2017 12 314 4/4 4/4 4/4 4/4 4/4 3/4 4/4 2017 12 312017 6 9 2017 2017 1/1 1/1 1/1 1/1 1/1 1/1 1/1 2017 56

A.6.5 2017 12 31 3.13 2016 4 27 2012 4 92013 8 28 57 2017

2013 8 28 2017 12 31 1/1 1/1 1/1 2012 4 9 2017 12 31 1/1 1/1 1/1 58

2012 4 9 2017 12 31 39 2012 4 9 2017 12 31 2/2 2/2 2/2 2017 12 3120162017 59 2017

2017 12 31 2017 12 31 2,748 2,748 3.292017 12 31 15 60

64 2 21 64 113 77 13.39(4) 2018 61 2017

2017 12 31 2017 12 31 62

C.2 2017 the Committee of Sponsoring Organizations of the Treadway Commission COSO 2013 63 2017

2017 (i) (ii) 2017 12 31 500,000 2 500,0011,000,000 3 64

2017 12 31 5 2017 2017 2017 12 31 2017 65 2017

2017 12 3185 147 2017 12 31 2016 2018 5 25 2018 2018 5 182018 5 25 2018 2018 5 17 183 22 2017 12 31 17 2017 12 31 2017 12 31 66

2017 12 310.002 25,958,000 0.0910.136 2017 8 4,646,000 0.096 0.091 437,222 2017 9 10,264,000 0.133 0.096 1,258,632 2017 10 11,048,000 0.136 0.127 1,452,844 25,958,000 3,148,698 2017 12 31248,347,000 2016 510,361,000 1082018 67 2017

3.13 2012 4 9 2012 4 27 1. 2012 4 2710% 360,435,790 0.010.002 2014 10 2830% 2. 12 1% 3. (i) (ii) (iii) 4. 5. 1.00 6. 2012 4 17 68

2017 12 31 2015 3 272015 4 27 2016 3 302016 4 27 2016 3 302016 3 30 2018 2017 12 31 2017 12 31 69 2017

2016 2017 12 31 2012 4 9 (a) (b)2012 4 9 2017 12 31 2.18 70

2017 12 31 XV7 8 352 2,048,138,660 1 44.62% 468,000 0.01% 18,700,000 2 0.41% 1,484,000 0.03% 1. 2,048,138,660 2. Novi Holdings Limited All Five Capital Ltd 650,000 18,050,000 Novi Holdings LimitedAll Five Capital Ltd 2017 12 31 XV 352 71 2017

2017 12 31 XV2 3 336 2,048,138,660 44.62% 2,048,138,660 1 44.62% 326,344,000 2 7.11% 326,344,000 2 7.11% 1. 2. 326,344,000 2017 12 31 336 72

2012 2 14 1014A.76(1) 14A 39 14A.95 2017 12 31100%96% 37%64% 5% 2017 12 31 2012 4 9 2017 12 31 73 2017

55 64 2017 12 31 2018 2018 3 28 74

512011 2 8 2012 4 9 Fortuneshine Investment Ltd.Shine Mining Investment Limited 202002 7 2005 3 2007 22008 4 2012 112013 12013 2015 11 482012 4 9 2013 5 14 2014 5 2 20072014 5 2 2010 11 1989 19992003 20032007 18862001 12 2003 10 20132015 12 2017 12 MBA 75 2017

592012 4 92010 2010 11 Fortuneshine Investment Ltd. Shine Mining Investment Limited1982 7 1989 51993 519992004 Q-Net Technologies Co., Ltd.OTCBB QNTI20042005 Savoy Resources Co., Ltd. SVYR 20032008 Vendtek Systems Inc. VSI 20072011 2015 6 Ultra Lithium Inc. ULI 481991 201998 20072012 Rocklands Richfield Limited RCI ASX RCIRCI 2012 RCI 76

622012 4 9 1978 7 2002 12 19802000 19861996 482012 4 91991 11 19941996ChinaVest Limited 19972001 20022006 0110920062010 00960 20082010 2012 32017 12 00548 77 2017

722012 4 9 200819812007 1. 1992 12 2. 1996 12 3. 1998 4. 2001 5. 2002 6. 2003 10 78

362012 4 92016 8 25 2006 10 2009 12 Dell Australia Ltd 20062007 20072008BEA System Pty Ltd 20082010ING Real Estate Fund Investment Management Australia (INGREFIMA) 2010 (Carlyle Management Hong Kong Limited) 452016 8 25 19922010 20102013 2015 5 462012 4 9 20 79 2017

85 147 2017 12 31 2017 12 31 80

67 2017 12 31 256,862,00033% 2017 12 31 2017 12 31 (i) (ii) (i) (ii) 81 2017

(iii) (iv) (v) 82

83 2017

2018 3 28 84

12 31 2017 2016 6 256,862 302,137 7 58,150 8 13,830 3.3 1,665 9 15,044 10 8,783 7,370 279,475 384,366 11 33,122 32,275 12 26,151 77,419 13 42,000 7,000 14 24,745 133,775 15 123,627 120,354 15 160,000 100,000 15 83,366 28,308 493,011 499,131 772,486 883,497 17 641,741 644,393 18 (9,570) 66,726 19 (248,198) (185,209) 383,973 525,910 5,247 383,973 531,157 85 2017

12 31 2017 2016 23 107,210 111,412 24 8,955 26,992 463 501 9 8,262 17,433 124,890 156,338 23 100,000 100,000 20 17,353 19,447 21 100,000 20,000 22 46,231 55,354 39 39 1,162 263,623 196,002 388,513 352,340 772,486 883,497 85 1472018 3 28 86

12 31 2017 2016 26 30,306 57,278 27 (68,004) (55,182) (37,698) 2,096 27 (62) (249) 27 (40,612) (76,907) 29 66 (332) 30 40 1,716 (78,266) (73,676) 31 3,837 2,993 31 (11,217) (25,547) (7,380) (22,554) (85,646) (96,230) 33 (365) (9,348) (86,011) (105,578) 16 (55,586) (12,477) (141,597) (118,055) (139,633) (117,240) (1,964) (815) (141,597) (118,055) 559 1,190 594 (90) (140,444) (116,955) 87 2017

12 31 2017 2016 (139,285) (116,907) (1,159) (48) (140,444) (116,955) (86,011) (105,245) (54,433) (11,710) (140,444) (116,955) 34 (0.02) (0.03) 34 (0.02) (0.03) 34 (0.03) (0.03) 34 (0.03) (0.03) 88

17 18 19 2016 12 31 644,393 66,726 (185,209) 525,910 5,247 531,157 (139,633) (139,633) (1,964) (141,597) 169 169 390 559 179 179 415 594 644,393 67,074 (324,842) 386,625 4,088 390,713 18(c) (d) (37,116) 37,116 17(a) (2,652) (2,652) (2,652) 19(a) (39,528) 39,528 (4,088) (4,088) (2,652) (76,644) 76,644 (2,652) (4,088) (6,740) 2017 12 31 641,741 (9,570) (248,198) 383,973 383,973 17 18 19 2015 12 31 628,066 64,388 (68,152) 624,302 1,426 625,728 (117,240) (117,240) (815) (118,055) 360 360 830 1,190 (27) (27) (63) (90) 628,066 64,721 (185,392) 507,395 1,378 508,773 (183) 183 17(b) (4,969) (4,969) (4,969) 17(b)(c) 21,296 21,296 21,296 2,188 2,188 3,869 6,057 16,327 2,005 183 18,515 3,869 22,384 2016 12 31 644,393 66,726 (185,209) 525,910 5,247 531,157 89 2017

12 31 2017 2016 35(a) 13,309 62,993 (12,922) (15,603) 31 3,841 4,317 4,228 51,707 (4,516) (5,601) 35 28 244 15 (60,000) 15 (55,058) 16,692 16 18,647 2,002 8,310 35(d) 100,000 35(d) (100,000) (98,897) 19,645 17 21,296 6,057 200,000 100,000 (100,000) (170,000) 25 (1,337) 17 (2,652) (4,969) 97,348 (48,953) 2,679 22,399 15 120,354 98,090 594 (135) 15 123,627 120,354 16 90

2017 12 31 1. 2011 2 8 2010 Clifton House, 75 Fort Street, PO Box 1350, Grand Cayman, KY1-1108, Cayman Islands 2012 4 27 2018 3 28 2. 2.1 (a) 622 (b) (c) 2017 1 1 12 7 2014-2016 735(c) 91 2017

2017 12 31 2. 2.1 (d) 2017 12 31 (i) 9 9 9 FVOCI 39 39 FVOCI 15 92018 1 1 92

2017 12 31 2. 2.1 (d) (ii) 15 18 11 15 15 15 152018 1 1 (iii) 16 16 2019 1 1 93 2017

2017 12 31 2. 2.2 (a) (b) 20% 50% (c) (c) 2.8 94

2017 12 31 2. 2.2 (d) 2.3 2.4 95 2017

2017 12 31 2. 2.5 (a) (b) (c) 96

2017 12 31 2. 2.6 (i) (ii) (iii) 15 3-10 2.8 97 2017

2017 12 31 2. 2.7 (a) (b) 2.8 2.9 98

2017 12 31 2. 2.10 (a) (i) 2.13 2.14 (ii) 12 (b) (c) 3.3 99 2017

2017 12 31 2. 2.11 (a) 12 (b) 2.12 100

2017 12 31 2. 2.13 90 2.10 2.11 2.14 2.15 17 2.16 12 2.17 12 2.18 101 2017

2017 12 31 2. 2.19 (a) (b) 102

2017 12 31 2. 2.20 (a) (b) 2.21 103 2017

2017 12 31 2. 2.22 2.23 36(b) 2.24 2.25 104

2017 12 31 3. 3.1 (a) (i) 2017 12 315% 20165% 5,650,000 2016 5,616,000 2017 12 315% 20165% 836,000 2016 1,500,000 (ii) (b) 2017 12 31100% 201690% 105 2017

2017 12 31 3. 3.1 (c) 1 1 2 2 5 5 2017 12 31 113,267 8,958 30,116 126,222 17,353 100,000 20,867 251,487 8,958 30,116 126,222 1 1 2 2 5 5 2016 12 31 113,463 10,717 32,150 140,903 19,447 20,000 28,777 181,687 10,717 32,150 140,903 (d) 2017 12 31100%201690% 106

2017 12 31 3. 3.2 2017201620172016 12 31 12 31 2017 2016 207,210 211,412 591,183 742,569 35.1% 28.5% 3.3 2017 12 31 (i) 1 (ii) 1 2 (iii) 3 Athena Resources Limited7.6%1 20172016 12 31 107 2017

2017 12 31 4. (a) (b) (c) 108

2017 12 31 4. (d) (i) (ii) (iii) (iv) (e) (i) (ii) (iii) (iv) 109 2017

2017 12 31 4. (e) (v) (vi) (f) 5. (a) 2017 12 31 (i) 2017 1 2017 12 31 (ii) 2017 11 18 20,900,000 2017 11 30 110

2017 12 31 5. (a) (iii) 20172017 12 29 Ishine International Resources Ltd. 2017 12 29 (b) Alliance Worldwide Investment Limited Alliance Worldwide Fortune Shine Investment Limited Fortune Shine Shine Mining Investment Limited Shine Mining Ishine Mining International Limited Ishine Mining China Rongsheng Holdings Limited Rongsheng Alpha Charm Investments Limited Grandson Holdings Limited Grandson Active Fortune Group Limited 20172016 12 31 2017 12 31 30,306 30,306 (37,698) (37,698) 3,833 4 4 3,841 (4,407) (4,337) (6,810) (15,554) (2,581) (2,581) 2,991 2,991 (866) (866) 456 456 (365) (1,026) (1,391) (67,515) (55,586) (18,496) (141,597) (15,339) (425) (15,764) 5,959 1,262 7,221 2017 12 31 727,731 110,003 2,046,618 (2,111,866) 772,486 415,885 125,683 713,356 (866,411) 388,513 111 2017

2017 12 31 5. (b) 2016 12 31 55,237 970 5,492 (3,451) 58,248 157 (55) 5,390 (3,451) 2,041 2,981 2 12 2,995 (9,671) (1,900) (18,247) 2,371 (27,447) (28,797) (2,019) (30,816) (34,144) (2,019) (36,163) (3,137) (3,137) 8,629 8,629 (145) (145) (9,348) 893 (8,455) (72,558) (12,477) (33,020) (118,055) (19,980) (1,871) (11) (21,862) 6,928 871 7,799 2016 12 31 794,204 146,632 965,318 (1,022,657) 883,497 314,756 177,018 131,110 (270,544) 352,340 112

2017 12 31 6. 2016 12 31 71,951 123,387 94,602 62,990 352,930 578 7,221 7,799 (5,605) (5,605) 5,038 5,038 (5,463) (401) (15,998) (21,862) 7(d) (9,441) (16,478) (10,244) (36,163) 57,625 106,508 67,793 70,211 302,137 2016 12 31 126,592 161,049 209,975 70,211 567,827 (68,967) (54,541) (142,182) (265,690) 57,625 106,508 67,793 70,211 302,137 2017 12 31 57,625 106,508 67,793 70,211 302,137 975 1,183 5,063 7,221 (3,591) (16,884) (12,589) (3,639) (36,703) (567) (567) 538 538 (4,508) (173) (11,083) (15,764) 49,526 90,426 45,275 71,635 256,862 2017 12 31 118,872 118,005 195,476 71,635 503,988 (69,346) (27,579) (150,201) (247,126) 49,526 90,426 45,275 71,635 256,862 2017 12 31 1,652,000 2016 163,00010,433,000 2016 19,866,000 3,679,000 2016 1,833,000 113 2017

2017 12 31 6. 2017 12 31 2017 12 31 12.3% 2017 12 31 2017 12 31 2016 12 3134,144,000 2,019,000 27 114

2017 12 31 7. (a) (b) (c) 2016 12 31 61,287 61,287 (3,137) (3,137) 58,150 58,150 2016 12 31 10,902 16,142 123,327 150,371 (10,902) (16,142) (65,177) (92,221) 58,150 58,150 2017 12 31 58,150 58,150 (58,150) (58,150) 2017 12 31 10,902 16,142 65,177 92,221 (10,902) (16,142) (65,177) (92,221) 115 2017

2017 12 31 7. (a) 2008 20162017 12 31 (b) 20162017 12 31 (c) 20162017 12 31 23(b) 8. (a) 2017 12 31 2017 2017 2017 % 30.22 (1) 45,764 3,408 116

2017 12 31 8. (b) 2017 12 31 2,288 1,141 160 3,589 (181) (181) 3,408 : 2017 12 29 3,408 3,408 30.22% (16(c)(ii) 13,830 13,830 2017 12 29 2017 12 292017 12 31 117 2017

2017 12 31 9. 12 31 2017 2016 12 14,152 12 892 15,044 12 (8,262) (17,393) 12 (40) (8,262) (17,433) (8,262) (2,389) 12 31 2017 2016 1 1 (2,389) 6,066 33 (1,391) (8,455) (4,482) 12 31 (8,262) (2,389) 118

2017 12 31 9. (a) 2015 12 31 4,359 13,596 31,005 400 49,360 291 (9,826) 2,307 (339) (7,567) 2016 12 31 4,650 3,770 33,312 61 41,793 161 (196) (811) (846) (4,604) (2,890) (21,336) (28,830) 2017 12 31 207 880 11,780 (750) 12,117 (b) 2015 12 31 (19,758) (23,536) (43,294) (888) (888) 2016 12 31 (20,646) (23,536) (44,182) (545) (545) 812 23,536 24,348 2017 12 31 (20,379) (20,379) (i) 2017 12 31175,030,000 2016 164,620,00026,255,000 2016 24,693,000 119 2017

9. (b) (ii) 2017 12 31 12 31 2017 2016 2017 2018 2019 2020 106,933 106,933 2021 57,687 57,687 2022 10,410 175,030 164,620 10. 12 31 2017 2016 5,224 3,790 3,559 3,580 8,783 7,370 11. 12 31 2017 2016 74 12,428 1,968 5,228 29,646 5,067 4,425 9,552 (2,991) 33,122 32,275 2017 12 3155,577,000 2016 53,307,000 27 2017 12 3126,655,000 2,991,000 120

2017 12 31 12. 12 31 2017 2016 32,739 87,077 (6,588) (9,658) 26,151 77,419 20172016 12 31 90 2017 12 31 32,739,000 2016 84,020,000 20172016 12 31 12 31 2017 2016 3 3,057 36 61 2,344 1 32,739 81,676 32,739 87,077 12 31 2017 2016 1 1 9,658 9,513 (866) 145 (2,204) 12 31 6,588 9,658 121 2017

2017 12 31 13. 12 31 2017 2016 42,000 7,000 20172016 12 3112 20172016 12 31 14. 12 31 2017 2016 267 54,212 10,996 9,651 86 2,571 5,767 3,321 184 929 58,264 7,445 4,827 24,745 133,775 122

2017 12 31 15. 12 31 2017 2016 359 367 123,268 119,987 123,627 120,354 160,000 100,000 80,000 25,000 3,366 3,308 83,366 28,308 366,993 248,662 12 31 2017 2016 348,865 202,289 1,540 9,869 14,991 30,680 1,597 5,824 366,993 248,662 123 2017

2017 12 31 16. (a) 2017 11 302017 12 29 5(a) (b) (i) 2017 11 30 2016 12 31 2017 2016 601 (325) (11,327) (4,333) (1,975) (4,658) (12,701) (1,026) 893 (5,684) (11,808) c(i) (60,295) (65,979) (11,808) (69,576) (58,624) 2017 20,900,000 20,900 30,000 40,000 (18,676) (18,624) 124

2017 12 31 16. (b) (ii) 2017 1 12017 12 292016 12 31 2017 2016 369 (1,848) (1,115) (559) 77 (2,407) (669) (2,407) (669) 12,800 10,393 (669) 559 1,190 594 (90) 11,546 (431) (3,568) (3,319) 2017 2,253,000 (2,254) (1,555) (5,822) (4,874) 125 2017

2017 12 31 16. (c) (i) 2017 20,900 18,134 (99,329) (60,295) i) 2017 11 30 2017 11 30 36,696 58,150 1,000 4,482 3,160 2,835 91 106,414 (18,763) (905) (105,834) (125,502) (19,088) (95%) (18,134) ii) 2017 11 30 20,900 20,900 126

2017 12 31 16. (c) (ii) 2017 (1,030) 13,830 12,800 2017 12 29 i) 2017 12 29 2017 12 29 7 153 1,141 35 2,253 3,589 (181) (181) 3,408 (30.22%) 1,030 ii) (2,253) (2,253) 127 2017

2017 12 31 17. 2015 12 31 4,426,857,920 7,136 620,930 628,066 (a) (29,528,000) (50) (4,919) (4,969) (b)(c) 219,050,000 378 20,918 21,296 2016 12 31 4,616,379,920 7,464 636,929 644,393 (a) (25,958,000) (51) (2,601) (2,652) 2017 12 31 4,590,421,920 7,413 634,328 641,741 (a) 2017 891025,958,000 2017 11123,149,000 2,652,000 2016 1229,528,0002016 3 5,887,000 4,969,000 (b) 2016 8 1 0.0944 0.11 600,000,0002016 8 24121,800,000 12,700,000 (c) 2016 8 31 0.107 0.124400,000,000 2016 9 2197,250,000 11,500,000 128

2017 12 31 18. (a) (b) (c) (d) 2015 12 31 (162,269) 50,941 48,483 73,581 26,417 27,605 56 (426) 64,388 (160) (23) (183) 360 360 2,188 2,188 (27) (27) 2016 12 31 (162,269) 53,129 48,483 73,421 26,394 27,605 416 (453) 66,726 (39,941) 2,825 (37,116) 169 169 (14,806) (24,722) (39,528) 179 179 2017 12 31 (162,269) 53,129 48,483 18,674 4,497 27,605 585 (274) (9,570) (a) (b) 10%50% 25% 20172016 12 31 (c) 84 129 2017

2017 12 31 18. (d) 15 19. 2015 12 31 (68,152) (117,240) 18(c) (d) 183 2016 12 31 (185,209) (139,633) 18(c) (d) 37,116 (a) 39,528 2017 12 31 (248,198) (a) 20. 12 31 2017 2016 17,353 19,447 20172016 12 31 12 31 2017 2016 6 10,515 8,192 61 74 958 1 6,764 10,297 17,353 19,447 20172016 12 31 130

2017 12 31 21. 12 31 2017 2016 100,000 20,000 22. 12 31 2017 2016 10,156 10,492 19,882 18,856 4,013 10,247 4,540 5,523 3,749 4,005 3,891 6,231 46,231 55,354 23. 12 31 2017 2016 107,210 111,412 100,000 100,000 207,210 211,412 7.5(a) 107,210 111,412 (b) 100,000 100,000 207,210 211,412 131 2017

2017 12 31 23. 20172016 12 31 12 31 2017 2016 1 100,000 100,000 15 100,948 5 6,262 111,412 207,210 211,412 12 31 2017 2016 100,000 100,000 107,210 111,412 207,210 211,412 (a) 20152014 12 317.00% 7.5 20172016 12 31128,255,000 107,210,000124,551,000 111,412,000 (b) 2017 12 31 100,000,000 2016 12 31 100,000,000 2017 12 31 4.65% 2016 12 314.65% 132

2017 12 31 24. 12 31 2017 2016 1 1 26,992 25,759 31 1,822 1,406 (1,096) (173) (18,763) 12 31 8,955 26,992 25. 2018 3 28 2017 12 31 2016 26. 12 31 2017 2016 8,188 3,591 251 6,781 21,867 44,386 3,122 368 30,306 58,248 133 2017

2017 12 31 26. 12 31 2017 2016 30,306 57,278 16(b) 970 30,306 58,248 27. 12 31 2017 2016 (12,225) 6,141 21,861 45,671 6,037 897 38,907 997 598 28 9,840 8,236 5,801 8,136 6 12,085 20,029 6 36,163 7 3,137 11 2,991 (8,629) (866) 145 456 407 1,384 5,424 2,663 2,629 3,595 2,748 2,925 1,833 2,875 1,200 2,106 10,726 8,708 110,851 144,780 108,678 132,338 16(b) 2,173 12,442 110,851 144,780 134

2017 12 31 28. 12 31 2017 2016 8,530 6,799 1,310 1,437 9,840 8,236 9,488 8,497 352 (261) 9,840 8,236 (a) 2016 39 2016 12 31 2017 2016 582 1,026 16 15 598 1,041 12 31 2017 2016 500,000 2 2 500,0011,000,000 3 3 135 2017

2017 12 31 29. 12 31 2017 2016 1,322 (1,652) (2) (493) (493) (332) 66 (332) 16(b) (559) (493) (332) 30. 12 31 2017 2016 (1) (323) 41 2,117 (78) 40 1,716 40 1,716 16(b) 40 1,716 136

2017 12 31 31. 12 31 2017 2016 (15,763) (19,843) 24 (1,822) (1,406) (2,946) (907) 5,126 (5,046) (149) (245) (15,554) (27,447) 3,841 2,995 (11,713) (24,452) (7,380) (22,554) 16(b) (4,333) (1,898) (11,713) (24,452) 137 2017

2017 12 31 32. 2017 12 31 Alliance Worldwide 2010 11 29 50,000 100% Rongsheng 2015 3 27 0.06 100% Fortune Shine 2010 9 21 50,000 100% Shine Mining 2010 11 1 10,000 100% Ishine Mining 2010 12 22 10,000 100% 2001 12 4 42,614,183 100% Grandson 2014 10 3 1 100% 2015 4 3 30,000,000 100% 2015 10 9 182,000,000 100% 2017 12 31 138

2017 12 31 33. 12 31 2017 2016 9 (1,391) (8,455) (365) (9,348) 16(b) (1,026) 893 (1,391) (8,455) 2010 20172016 12 31 2015 122016 1 1 2019 1 1 15% 2017 12 3125% 139 2017

2017 12 31 33. 12 31 2017 2016 (140,206) (109,600) 16,864 13,069 (94) (162) (16,243) (11,536) (1,918) 9(a) (9,826) (1,391) (8,455) 34. (a) 12 31 2017 2016 (139,633) (117,240) (86,011) (105,578) (53,622) (11,662) 4,609,499,032 4,468,948,029 (0.03) (0.03) (0.02) (0.02) (b) 20172016 12 31 140

2017 12 31 35. (a) 12 31 2017 2016 (140,206) (109,600) 6 12,085 20,029 (40) 27 2,581 30,816 (1) 323 29 (1,322) 31 15,763 19,843 31 1,822 1,406 47,495 31 (3,841) (2,995) (7,648) 7,034 (3,712) 17,983 41,844 56,055 (35,000) 84,800 106,035 (101,158) 22,895 72,953 (3,547) (30,404) (20,000) (30,000) 2,776 4,548 (2,041) 24 (1,096) (173) 13,309 62,993 (b) 12 31 2017 2016 6 29 567 30 (1) (323) 28 244 141 2017

2017 12 31 35. (c) 2017 2016 123,627 120,354 (100,000) (100,000) (107,210) (111,412) (83,583) (91,058) 123,627 120,354 (207,210) (211,412) (83,583) (91,058) 1 1 2017 1 1 120,354 (100,000) (111,412) (91,058) 2,679 2,679 594 7,299 7,893 (3,097) (3,097) 2017 12 31 123,627 (100,000) (107,210) (83,583) (d) 142

2017 12 31 36. (a) 12 31 2017 2016 7,241 5,712 (b) 2017 2016 1,200 1,200 1,200 1,200 1,200 1,200 1,200 7,200 1,200 37. (a) 20172016 12 31 (b) 20172016 143 2017

2017 12 31 37. (c) 12 31 2017 2016 2,562 3,248 68 57 2,630 3,305 38. 12 31 2017 2016 3 2 504,901 749,658 504,904 749,660 3,730 4,051 14,077 31,333 17,807 35,384 522,711 785,044 641,741 644,393 (a) 142,547 142,547 (a) (385,981) (126,568) 398,307 660,372 144

2017 12 31 38. 12 31 2017 2016 107,210 111,412 17,194 13,260 17,194 13,260 124,404 124,672 522,711 785,044 2018 3 28 (a) 2016 1 1 (95,644) 119,549 22,998 (30,924) 2016 12 31 (126,568) 119,549 22,998 (259,413) 2017 12 31 (385,981) 119,549 22,998 145 2017

2017 12 31 39. (a) 20172016 12 31 12 31 2017 2016 2,046 2,489 42 42 2,088 2,531 2017 12 31 478 16 362 856 520 16 536 208 10 218 208 208 104 104 104 104 62 62 2016 12 31 864 15 346 1,225 513 15 528 282 12 294 218 218 109 109 109 109 48 48 146

2017 12 31 39. (a) 20172016 12 31 (b) 20172016 12 31 (c) 20172016 12 31 (d) 20172016 12 31 (e) 20172016 12 31 (f) 20172016 12 31 147 2017

12 31 2017 2016 2015 2014 2013 30,306 57,278 294,481 426,082 667,904 (68,004) (55,182) (329,224) (425,238) (524,245) / (37,698) 2,096 (34,743) 844 143,659 (62) (249) (3,034) (4,371) (12,521) (40,612) (76,907) (210,474) (55,346) (47,960) (7,380) (22,554) (21,603) (21,818) (29,938) (85,646) (96,230) (282,057) (96,452) 132,734 /( 費用 ) (365) (9,348) 18,641 14,812 (23,627) (55,586) (12,477) / (139,633) (117,240) (261,414) (78,661) 111,214 (1,964) (815) (2,002) (2,979) (2,107) 12 31 2017 2016 2015 2014 2013 493,011 499,131 585,876 531,480 640,506 279,475 384,366 481,345 532,622 521,339 263,623 196,002 312,541 247,007 410,416 124,890 156,338 128,952 96,907 49,226 383,973 525,910 624,302 716,791 695,912 5,247 1,426 3,397 6,291 12 31 2017 2016 2015 2014 2013 4,228 51,707 (101,274) (43,921) 407,421 (98,897) 19,645 (144,348) 29,632 (135,162) 97,348 (48,953) 201,943 92,187 (289,900) 12 31 2017 2016 2015 2014 2013 / (124.39)% 3.50% (11.8)% 0.2% 21.51% / (467.22)% (202.68)% (89.45)% (19.16)% 16.34% 35.1% 28.5% 30.2% 23.6% 23.0% 148