www.ione.com.hk

02 04 06 10 17 20 27 36 38 39 40 42 43 45 46 112 113

FCCA, FCPA Cricket Square, Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 13 02 Butterfield Fulcrum Group (Cayman) Limited Butterfield House, 68 Fort Street P.O. Box 705, Grand Cayman KY1-1107, Cayman Islands 183 17 1712 16

(UBS AG) 03 573 www.taoheung.com.hk

% 2,610,410 2,444,316 6.8% 208,530 189,129 10.3% 15.4% 15.1% 2.0% 1 8.0% 7.7% 3.9% 20.54 18.64 10.2% 20.52 18.64 10.1% 4.65 6.00 (22.5%) 1.55 6.30 4.50 40.0% 1.50 % 04 1,445,896 1,358,785 6.4% 1,128,121 1,032,118 9.3% 427,535 279,132 53.2% 2 399,336 231,516 72.5% 3 2.0 1.8 11.1% 4 1.9 1.6 18.8% 5 2.5% 4.7% (46.8%) 6 111.02 101.75 9.1% 7 39.30 22.82 72.2%

1. 2. 3. 4. 5. 6. 1,016,141,0001,014,371,000 05 7. 1,016,141,0001,014,371,000 4.65 1.55 6.30

06 H1N1 6.8%2,610,000,000

07 16.0% 420,000,000 10.3%209,000,000 6.3 4.65 1.55 12.560.9%

2,159,000,0005.5% 60% 08 13.7%451,000,000 8.7%17,998 16.8%

(www.china12365.com) 500 50 500 09 100 50 250,000,000

10 2,610,000,0006.8%

11 11.9% 256,000,000 229,000,000 10.3% 209,000,000 8.00.3

5.5%2,159,000,000 HIPOT HIPOT HIPOT HIPOT HIPOT 12 8.0% 8.4%10.4%181,000,000 164,000,000

451,000,000 13.7% 17.3% 13 8.0%27,000,000 25,000,000 600 800 200,000 250,000,000

20.9%52,000,000 43,000,000 1,446,000,000 1,359,000,000 1,128,000,000 1,032,000,000 428,000,000 28,000,000 400,000,000 2.5%4.7% 14 176,000,000 81,000,000

1 M5 13 A13 18-2088,000,000 74,000,000 14,000,000 15 28,000,00034,000,000 6,950 11,090,0001,770,000

37,000,000 97,000,000 6,000,000 16

50 30 17 52 20 55 30 39 47 DEC University of Warwick 48 25

52 University of Wolverhampton 30 58 25 55 30 18 56 29

47 Queen s University Redgate Media Group Redgate Media Group 19 54 Chabot College 44 20 35 10 Curtin University of Technology 41 Monash University 16

20

21

17 19 3.13 3.13 22 A.2.1

23 4/4 3/4 4/4 4/4 4/4 4/4 4/4 1/1 4/4 2/2 1/1 4/4 2/2 1/1 4/4 1/2 1/1 3/4 2/2 1/1 4/4 1/1 95.8% 87.5% 100% 100%

24 1. 2. 3.

1. 2. 25 3637

3637 2,700 3,000 300 663 50 3,363 3,350 26 www.taoheung.com.hk www.taoheung.com.hk

18 27 38111 4.651.55 63,000,000 6.30 64,000,000 12 183 17 405,000,000

113 114 14 16 112 31 32 28 (a) 15,190,000 50% 250,000

1,770,000 1.59 29 800,000 (240,000) 560,000 800,000 (240,000) 560,000 11,510,000 (1,290,000) (250,000) 9,970,000 13,110,000 (1,770,000) (250,000) 11,090,000 (b) (i) (ii) (iii) 33(b)

22 812,018,000 64,017,000 744,053,000 150,000 30% 33.7% 17.8% 5% 30

87(1) 3.13 1719 31 3% 8 34

XV352 (a), (d) 12,174,222 372,597,689 384,771,911 37.87 (b) 3,722,679 103,283,124 107,005,803 10.53 (c) 59,795,068 59,795,068 5.88 (e) 240,000 560,000 800,000 0.08 (e) 240,000 560,000 800,000 0.08 2,000,000 2,000,000 0.20 180,000 180,000 0.02 32 70,937 70,937 0.01 (a) 372,597,689 Billion Era International Limited (b) 3,722,679103,283,124 Joy Mount Investments Limited (c) Whole Gain Holdings Limited (d) 12,174,222 (e) XV

5%336 33 Billion Era International Limited (a) 372,597,689 36.67 Joy Mount Investments Limited (b) 103,283,124 10.16 Perfect Plan International Limited 102,053,976 10.04 Value Partners Limited 88,615,000 8.72 Whole Gain Holdings Limited (c) 59,795,068 5.88 (a) Billion Era International Limited (b) Joy Mount Investments Limited (c) Whole Gain Holdings Limited XV 32

32,000,00036,000,00040,000,000 14A.14 18,600,000 (1) (2) (3) 4,00014A.3 34 25%

43 35

38 111 36

37 8 2 18

5 2,610,410 2,444,316 (2,208,749) (2,076,033) 401,661 368,283 5 13,605 12,142 (49,565) (43,413) (108,473) (105,627) 6 (914) (2,406) 175 189 7 256,489 229,168 10 (46,136) (37,308) 210,353 191,860 11 208,530 189,129 1,823 2,731 210,353 191,860 38 13 20.54 18.64 13 20.52 18.64 12

210,353 191,860 2,830 14,659 213,183 206,519 11 211,360 203,788 1,823 2,731 39 213,183 206,519

14 579,509 560,835 15 88,970 67,985 16 7,190 15,200 17 22,020 16,827 19 1,254 5,260 20 58,230 45,258 61,385 51,981 7,388 13,582 25 15,648 21 38,215 825,946 830,791 22 42,178 64,365 23 14,273 12,072 24 55,058 54,518 21 38,885 109,966 5,265 2,421 25 36,756 5,520 25 427,535 279,132 619,950 527,994 26 93,785 86,048 27 166,005 167,453 28 16,926 19,591 29 94 221 30 628 30 2,321 1,258 25,535 20,381 40 304,666 295,580 315,284 232,414 1,141,230 1,063,205 28 11,273 28,025 29 23 117 20 1,813 2,945 13,109 31,087 1,128,121 1,032,118

31 101,614 101,437 33(a) 960,819 867,508 12 64,017 60,862 1,126,450 1,029,807 1,671 2,311 41 1,128,121 1,032,118

33(a) 33(a) 101,446 310,550 110,748 21,136 5,655 13,811 315,459 50,723 929,528 2,099 931,627 14,659 189,129 203,788 2,731 206,519 31(a) (9) (98) 9 (9) (107) (107) 8,189 8,189 8,189 (319) (319) (2,200) (2,200) (50,723) (50,723) (50,723) 12 (60,868) (60,868) (60,868) 12 (45,646) 45,646 12 (15,216) 15,216 101,437 310,452 110,748 21,136 13,844 9 28,470 382,849 60,862 1,029,807 2,311 1,032,118 101,437 310,452 110,748 21,136 13,844 9 28,470 382,849 60,862 1,029,807 2,311 1,032,118 2,830 208,530 211,360 1,823 213,183 6,332 6,332 6,332 31(b) 177 6,074 (3,437) 2,814 2,814 777 777 (3,240) (3,240) (60,862) (60,862) (60,862) 12 (47,251) (47,251) (47,251) 12 (15,750) (15,750) (15,750) 12 (64,017) 64,017 42 101,614 316,526 * 110,748 * 21,136 * 16,739 * 9 * 31,300 * 464,361 * 64,017 1,126,450 1,671 1,128,121 * 960,819,000 867,508,000

43 256,489 229,168 5 (1,101) (514) 5 (171) (175) (189) 5 (690) 500 5 (2,615) (5,846) 5 (393) 5 (1,000) 6 914 2,406 5 (645) 1,873 7 1,096 1,498 7 161,565 129,505 7 1,267 1,043 7 6,332 8,189 421,044 367,462 (9,281) (7,037) (15,588) 10,359 22,921 (21,066) () (1,434) 2,281 3,628 (20,555) 2,590 6,007 (2,049) (6,164) 4,220 (628) 420,505 336,205 (829) (2,025) (45,957) (38,801) (11,903) (10,857) 361,816 284,522

(160,509) (250,958) (7,388) (13,582) (22,622) (148) 34 (4,828) (4) (100,747) 109,941 32,700 9,700 839 2,615 5,846 1,101 514 (71,155) (326,375) 31(b) 2,814 31(a) (107) (19,417) (23,577) (221) (414) (22) (41) (123,863) (111,591) (3,240) (2,200) 1,063 (1,000) (63) (340) 44 (142,949) (139,270) 147,712 (181,123) 279,132 459,486 691 769 427,535 279,132 333,638 202,566 93,897 76,566 427,535 279,132

18 446,048 440,536 24 406 572 18 469,449 474,059 25 15,034 44 484,889 474,675 45 27 566 592 484,323 474,083 930,371 914,619 31 101,614 101,437 33(b) 764,740 752,320 12 64,017 60,862 930,371 914,619

1. 22 3 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands 13 2.1 46

2.1 2.2 47 1 27 2 7 8 1 18 * 23 32 1 9 39 13 15 16 18 ** 1 27 2 7 18 32 1 9 39 * ** 5 7 8 1 13

2.2 (a) 41 42 (b) 8 814 8 14 (c) 1 1 48 (d) 13 13

2.3 49 1 1 1 1 2 1 2 1 7 4 2 2 3 1 9 6 24 5 27 1 32 32 3 39 39 14 17 19 5 4 1 14 5 1 4 5 1 2 2 38 9 16 5 8 1 7 17 36 39 1 2 3 4 5 6

2.3 2.4 50 20%

2.4 51

2.4 (a) (i) (ii)(iii) 52 (b) (c) (d) (e) (a) (d) (f) (d) (e)

2.4 53 2% 5% 10% 33 1 /3% 20% 33 1 /3% 20% 25%

2.4 54 39

2.4 55 39

2.4 (a)(b) 56

2.4 57 39

2.4 58

2.4 59

2.4 60

2.4 (a) (b) (c) 61 (d) (e) (f)

2.4 62

2.4 63

3. (a) (b) (c) 64

3. 65

4. (a) 2,159,393 2,047,703 451,017 396,613 2,610,410 2,444,316 (b) 66 335,579 310,844 370,752 368,845 706,331 679,689

5. 67 2,557,917 2,402,704 52,493 41,612 2,610,410 2,444,316 2,615 5,846 1,101 514 645 (1,873) 690 (500) 1,000 411 712 4,933 3,349 171 393 1,817 3,923 13,605 12,142 6. 812 2,002 17 23 22 41 63 340 914 2,406

7. 835,704 786,476 * 161,565 129,505 * 1,267 1,043 (411) (712) 13 8 (398) (704) 8 * 672,905 649,799 35,738 34,597 6,332 8,189 714,975 692,585 * 186,167 164,104 9,997 8,295 68 196,164 172,399 3,108 3,368 300 3,108 3,668 466 (217) 1,096 1,498 * 2,208,749,000 2,076,033,000 152,653,000 122,285,0001,267,0001,043,000 656,815,000 636,016,000 193,488,000 169,869,000

8. 161 69 864 804 3,169 3,051 254 702 820 1,082 66 66 5,173 5,705 32

8. 120 10 6 136 453 38 12 503 544 45 12 601 960 73 410 12 1,455 540 44 410 12 1,006 552 44 12 608 3,169 254 820 66 4,309 144 144 144 144 288 288 144 144 144 144 144 144 144 144 70 576 576 864 3,169 254 820 66 5,173

8. 71 120 51 6 177 453 91 12 556 544 111 12 667 867 207 541 12 1,627 541 135 541 12 1,229 526 107 12 645 3,051 702 1,082 66 4,901 134 134 134 134 268 268 134 134 134 134 134 134 134 134 536 536 804 3,051 702 1,082 66 5,705

9. 8 1,126 524 84 113 359 304 24 12 1,593 953 1,000,000 2 1 32 72 10. 16.5%16.5% 44,672 42,226 (187) (336) 15,627 7,778 20 (13,976) (12,360) 46,136 37,308

10. % % 256,489 229,168 73 42,321 16.5 37,813 16.5 1,485 (2,425) 1,034 (187) (336) 12 (31) (695) (2,456) 1,716 1,505 (454) 1,389 2,397 95 261 46,136 18.0 37,308 16.3 41,000 11. 130,469,000 122,006,000 33(b)

12. 4.65 6.00 47,251 60,868 1.55 15,750 6.30 4.50 64,017 45,646 1.50 15,216 127,018 121,730 13. 1,015,033,541 1,014,451,178 74 208,530 189,129 1,015,033,541 1,014,451,178 1,072,295 1,016,105,836 1,014,451,178

14. 75 153,846 504,006 293,575 12,933 964,360 34 2,910 1,427 203 4,540 29,829 95,088 49,991 734 175,642 (3) (1,521) (1,524) (37,608) (21,406) (59,014) 486 1,333 781 14 2,614 184,161 565,726 324,368 12,363 1,086,618 27,906 233,146 134,967 7,506 403,525 6,330 99,975 53,156 2,104 161,565 (2) (1,076) (1,078) (37,364) (20,554) (57,918) 42 427 540 6 1,015 34,278 296,182 168,109 8,540 507,109 149,883 269,544 156,259 3,823 579,509

14. 146,446 362,658 187,366 11,237 707,707 1,204 160,758 106,375 1,541 269,878 (25,588) (3,913) (29,501) 6,196 6,178 3,747 155 16,276 153,846 504,006 293,575 12,933 964,360 22,162 175,859 95,916 5,218 299,155 5,539 79,643 42,067 2,256 129,505 (24,135) (3,868) (28,003) 205 1,779 852 32 2,868 27,906 233,146 134,967 7,506 403,525 76 125,940 270,860 158,608 5,427 560,835 201,000 328,000 96,843,000 98,662,000 1528

15. 69,032 69,593 22,622 (1,267) (1,043) 36 482 77 90,423 69,032 24 (1,453) (1,047) 88,970 67,985 28,846 28,880 42,539 33,071 19,038 7,081 90,423 69,032 16. 15,200 15,700 (8,700) 690 (500) 7,190 15,200

16. 5,940 5,400 1,250 9,800 7,190 15,200 7,190,000 37(a) 6,090,000 14,200,000 28 17. 78 16,827 16,827 1,407 14 3,786 22,020 16,827

17. 79 16,766 16,766 5,193 61 61 22,020 16,827 5%5% 2%2% 18. 428,382 428,382 17,666 12,154 446,048 440,536 469,449,000 474,059,000

18. 1 100% 100% 2 100% 100% 2 100% 100% 2 100% 100% 2 100% 100% 80 2 100% 100% 2 100% 100% 2 100% 100%

18. 2 100% 100% 2 100% 100% 81 2 100% 100% 2 100% 100% 2 100% 100% 10,000 100% 100% 500,000 100% 100% 2 100% 100%

18. 38,000 100% 100% 1,000,000 100% 100% 40,000 100% 100% 2 100% 100% 2 100% 100% 2 100% 100% 82 10,000 100% 100% 2 100% 100%

18. 2 100% 100% * @ 207,100,000 100% 100% 83 32,000,000 100% 100% * @ 28,000 100% 100% 291,000 100% 100% 291,000 100% 100% 250,000 100% 100% 48,000 100% 100%

18. 71,000 100% 100% 67,500 100% 100% 1,000,000 80% 80% 10,000 80% 80% 2 100% 100% 2 100% 100% 2 100% 100% 2 100% 100% 84 7,000,000 100% 100% **@ 3,000,000 100% 100% * @

18. * @ 8,250,000 100% 100% 85 *@ 8,250,000 100% 100% 2 100% 100% 2 100% 100% 30,264,000 100% 100% *@ 18,000,000 100% 100% *@ 1 100% 10,000 80% 20% 300,000 80% 20%

18. 10,000 80% 20% 10,000 80% 20% @ 25,000 80% 20% @ * ** 86

19. 1,284 1,883 122 1,529 1,406 3,412 2,000 (152) (152) 87 1,254 5,260 1 39% 39% 1 39% 39% Baker Limited @ 1 40% @ 20%60% 80% 34

19. 3,717 17,427 (499) (11,113) 29,571 (157) 1,188 20. 88 26,439 5,781 32,220 10 1,450 10,827 12,277 397 544 941 28,286 17,152 45,438 10 3,101 9,811 12,912 44 84 128 31,431 27,047 58,478

20. 353 2,855 3,208 10 (102) 19 (83) 89 251 2,874 3,125 10 (242) (822) (1,064) 9 2,052 2,061 58,230 45,258 (1,813) (2,945) 56,417 42,313 45,012,000 36,596,000 6,231,000 1,786,000

21. 38,215 10,379 6,000 38,885 93,587 38,885 109,966 39,000,000148,000,000 90 47,684,000 28

22. 42,178 64,365 23. 91 12,000 9,996 2,069 1,826 129 162 75 88 14,273 12,072 1,110,000

24. 23,424 31,194 406 572 15 1,453 1,047 30,181 22,277 55,058 54,518 406 572 25. 333,638 202,566 15,034 44 130,653 97,734 464,291 300,300 15,034 44 (36,756) (5,520) (15,648) 92 427,535 279,132 15,034 44 119,132,000 41,595,000

26. 85,017 78,311 4,207 1,530 1,302 361 3,259 5,846 93 93,785 86,048 27. 44,126 50,395 5 121,879 117,058 561 592 166,005 167,453 566 592

28. % (%) 2.94 2010 16,926 4.25 2009 19,591 2.94 2011-2020 11,273 4.25 2010-2020 28,025 28,199 47,616 16,926 19,591 9,404 16,970 1,507 10,630 362 425 28,199 47,616 94 (i) (ii) (iii) (iv)

29. 95 107 243 94 221 26 107 23 94 26 23 133 376 117 338 (16) (38) 117 338 (94) (221) 23 117 4.6% 5.4%3.9% 5.4% 30. 1,198,000 1,198,000

31. 23,400,000,000 23,400,000,000 0.10 2,340,000 2,340,000 1,016,141,000 1,014,371,000 0.10 101,614 101,437 1,014,460,000 101,446 310,550 411,996 (a) (89,000) (9) (98) (107) 1,014,371,000 101,437 310,452 411,889 96 (b) 1,770,000 177 6,074 6,251 1,016,141,000 101,614 316,526 418,140 (a) 98,000

31. (a) 0.10 0.10 97 88,000 1.25 1.16 106 1,000 1.24 1.24 1 89,000 107 (b) 1,770,000 1.59 32 1,770,000 0.1 2,814,000 177,000 2,637,000 3,437,000 32. (i) (ii) (iii) 10% 1%

32. 0.1%5,000,000 1 50% 1.59 30 30 40 98 (i) (ii) (iii)

32. 1.59 13,110 1.59 15,150 1.59 (1,770) 1.59 (250) 1.59 (2,040) 99 11,090 1.59 13,110 2.30 11,090 1.59 13,110 1.59 6,332,000 8,189,000 29,310,000 1.93 11,090,00013,110,000 1.09%11,090,000 13,110,000 1,109,000 1,311,000 16,524,000 19,534,000

33. (a) 42 110,748,000 (i)(ii) (b) (i) 310,550 5,655 427,527 221 743,953 122,006 122,006 31(a) (98) 9 (9) (98) 8,189 8,189 12 (60,868) (60,868) 12 (45,646) (45,646) 12 (15,216) (15,216) 100 310,452 13,844 9 427,527 488 752,320 130,469 130,469 31(b) 6,074 (3,437) 2,637 6,332 6,332 12 (47,251) (47,251) 12 (15,750) (15,750) 12 (64,017) (64,017) 316,526 16,739 9 427,527 3,939 764,740 (i)

34. 60% 12,120,000 6,120,0006,000,000 80% 101 14 4,540 472 730 3,540 7,292 (1,640) (2,992) (2,000) (54) (777) 9,111 (777) 17 3,786 12,120 (12,120) 7,292 (4,828) 34,017,000354,000 2,621,387,000211,074,000

35. 1,551,000 3,217,000 206,000 36. 27,978 33,968 236,100 236,100 28,199,000 47,616,000 102 37. (a) 16 6 6

37. (b) 103 38. 195,219 163,911 300,364 291,071 71,505 70,175 567,088 525,157 37(b) 80,634 14,711 3,084 322

39. (i) 1,976 1,350 (ii) 48 48 (i) (ii) 4,000 4,000 (ii)14a 30% 80% 20% 14A 18,600,000 13,442,000 104

40. 105 61,385 61,385 38,885 38,885 14,273 14,273 24 30,181 30,181 36,756 36,756 427,535 427,535 38,885 570,130 609,015 93,785 153,057 28,199 117 2,321 277,479

40. 19 2,000 2,000 51,981 51,981 148,181 148,181 12,072 12,072 24 22,277 22,277 21,168 21,168 279,132 279,132 148,181 388,630 536,811 106 86,048 154,592 47,616 338 628 1,258 290,480

40. 469,449 474,059 15,034 44 107 484,483 474,103 566 592 41. 38,885

42. 50 141,000 238,000 108

42. 109 93,785 93,785 153,057 153,057 17,393 11,111 387 28,891 107 26 133 2,321 2,321 2,321 264,342 11,137 387 278,187 86,048 86,048 154,592 154,592 20,776 28,425 454 49,655 243 133 376 628 628 1,258 1,258 1,886 261,659 28,558 454 292,557

42. 566 592 28,199,000 47,616,000 110 28,316 47,954 1,126,450 1,029,807 2.5% 4.7%

43. 88,000,000 74,000,00014,000,000 44. 111 2.2 45.

28 64 108 11 A 338 1 107 109 110 120 121 122 123 125 126 127 112

113 2,610,410 2,444,316 2,085,134 1,573,608 1,377,836 (2,208,749) (2,076,033) (1,789,746) (1,325,045) (1,191,975) 401,661 368,283 295,388 248,563 185,861 13,605 12,142 62,140 9,956 5,590 (49,565) (43,413) (22,387) (15,810) (14,961) (108,473) (105,627) (85,519) (60,476) (65,376) (914) (2,406) (4,747) (5,458) (4,738) 175 189 50 (2) 828 256,489 229,168 244,925 176,773 107,204 (46,136) (37,308) (42,350) (31,034) (19,799) 210,353 191,860 202,575 145,739 87,405 : 208,530 189,129 200,306 138,839 77,969 1,823 2,731 2,269 6,900 9,436 210,353 191,860 202,575 145,739 87,405

1,445,896 1,358,785 1,271,529 698,979 519,149 (317,775) (326,667) (339,902) (334,309) (386,211) (1,671) (2,311) (2,099) (770) (17,894) 1,126,450 1,029,807 929,528 363,900 115,044 114