China Vanguard You Champion Holdings Limited ( ) GEMGEM GEM GEM GEM GEM GEM GEM GEM GEM 1
5 25,347 26,359 (9,642) (12,913) 15,705 13,446 6 13,951 3,954 (8,797) (43,127) 7 (53,776) (1,409) (6,837) (80,268) (84,388) 8 (12,581) (13,316) (31) 9 (73,399) (184,075) 10 1,814 2,835 (71,585) (181,240) (61,034) (175,027) (10,551) (6,213) (71,585) (181,240) 2
(71,585) (181,240) (87) (1,192) (71,672) (182,432) (61,443) (176,006) (10,229) (6,426) (71,672) (182,432) 12 (1.85 ) (5.40) 3
3,896 13,260 124,284 62,746 20,631 8,509 148,811 84,515 468 1,692 13 7,900 15,362 14 13,599 18,192 4,719 14,302 26,686 49,548 15 250 1,106 16 100,328 16,019 39,781 15,076 194 188 17 89,413 89,301 17 260 1,423 1,382 54 231,649 123,126 (204,963) (73,578) (56,152) 10,937 4
150 344 3,697 3,847 344 (59,999) 10,593 41,135 41,135 (100,527) (41,781) (59,392) (646) (607) 11,239 (59,999) 10,593 5
1. GEM P.O. Box 10008, Willow House, Cricket Square, Grand Cayman KY1-1001, Cayman Islands 307-313 China Vanguard Group LimitedChina Vanguard You Champion Holdings Limited (i) (ii) (iii) 2. 204,963,00059,999,000 89,625,00089,413,000 6,832,000 65,000,000 6
(a) 75 18 (b) 65,000,000 16 (c) 17 (d) 7
3. 7 12 12 7 (i)(ii) (iii) (iv) (v) 8
9 1 15 1 16 2 17 3 1 22 2 23 2 1 4 9 4 1 9 2 10 28 4 28 2 1 1 28 1 19 2 40 1 2 1 2 3 4 9
4. (a) (b) (c) + (a) + 21,874 1,443 2,770 26,087 (740) (740) 21,874 1,443 2,030 25,347 (14,152) (6,861) (1,562) (22,575) 13,283 (51,526) (12,581) (73,399) 1,814 (71,585) 10
+ 21,904 4,455 26,359 21,904 4,455 26,359 (88,682) (376) (89,058) 1,313 (82,983) (13,316) (31) (184,075) 2,835 (181,240) 11
(b) + 80,527 77,539 871 158,937 16,560 175,497 9,083 16,429 253 25,765 209,731 235,496 + 117,633 1,831 119,464 14,599 134,063 12,884 1,423 14,307 109,163 123,470 12
(c) + 322 99 35 456 4,317 71 505 4,893 816 816 8,436 8,436 361 361 1,907 1,907 138 138 940 940 1,139 1,139 683 683 29 29 2,960 4,929 7,889 13
+ 5,117 293 5,410 5,440 419 5,859 36,542 36,542 2,307 2,307 863 863 27,156 27,156 4,520 4,520 601 601 1,671 1,671 14,927 14,927 3,604 3,604 14
(d) 25,347 26,359 170,346 120,769 439 4,583 5,151 13,294 17 827 175,497 134,063 456 5,410 21,874 21,904 + 1,443 2,030 4,455 25,347 26,359 15
(e) 10% 15,129 13,928 4,430 4,011 2,766 1 10% 5. (i)(ii) (iii) 21,874 21,904 1,443 2,030 4,455 25,347 26,359 16
6. 9 54 17 1,821 2,560 1,816 6,564 9 1,242 298 504 1,848 370 810 13,951 3,954 7. 36,542 2,307 14,927 53,776 8. 4 14 16 12,563 13,300 12,581 13,316 17
9. 44,459 44,137 4,330 6,646 25 987 48,814 51,770 2,999 4,865 763 761 4,729 5,722 164 137 7,889 3,604 7,420 816 863 6,228 7,638 65 65 13 27,156 14 8,436 4,520 14 361 11,451 1,907 138 940 1,139 29 1,671 683 601 2,068 18
10. 20 595 615 1,814 2,220 1,814 2,835 16.5%16.5% 11. 19
12. (61,034) (175,027) 3,290,855 3,243,380 20
13. 76,920 82,195 (69,020) (66,833) 7,900 15,362 30 180 0 30 3,525 4,919 31 60 1,792 1,314 61 180 1,541 5,993 181 365 68 339 69,994 69,630 76,920 82,195 3,583,000 27,156,000 21
66,833 40,003 27,156 (248) 2,435 (326) 69,020 66,833 4,375,000 11,779,000 0 30 1,335 31 60 1,792 1,314 61 180 1,541 5,994 181 365 68 340 974 2,796 4,375 11,779 22
14. 23,902 20,465 (17,265) (10,090) 6,637 10,375 17,512 18,352 (12,668) (12,290) 4,844 6,062 2,118 1,755 13,599 18,192 10,090 5,626 8,436 4,520 (1,781) 520 (56) 17,265 10,090 2,500,000 2,791,000 1,762,000 12,290 778 361 11,451 17 61 12,668 12,290 23
15. 0 30 921 181 365 50 1 250 135 250 1,106 16. a b 65,000 2,080 c 15,334 6,832 3,246 13,162 10,693 100,328 16,019 (a) 65,000,000 (b) 2,080,000 480,000 6 (c) 24
17. 89,413 89,301 260 2,672 89,413 89,301 260 2,672 (a) 2% 2% 89,625,000 2%2% 2.39 2% 150,000,0000.598 2%13.89% 2% (a) 89,625,000 (b) 2% (c) (d) 2.39 (e) 0.687% (f) 70.45% (g) 0% 25
(b) 8% 2% 0.359 249,651,810 8% 2% 8% 16.32% 8% (a) 89,625,000 (b) 8% (c) (d) 0.359 (e) 0.771% (f) 89.30% (g) 0% (c) 8% 8% 8% 8% 16.32% 8% 26
(a) 89,625,000 (b) 8% (c) (d) 0.359 (e) 0.771% (f) 89.30% (g) 0% (d) 8% 8% 18% 8% 13.37% 8% (a) 89,625,000 89,625,000 (b) 8% 8% (c) (d) 0.359 0.359 (e) 0.812% 1.470% (f) 94.04% 37.30% (g) 0% 0% 27
2% 8% 8% 8% 83,434 83,434 24,184 7,178 7,178 (987) (987) (89,625) 86,425 (3,200) (21,512) 6,122 6,122 (3,246) (3,246) 89,301 89,301 2,672 662 662 (338) (338) (89,625) 86,425 (3,200) 6,785 6,785 (3,585) (3,585) (89,625) 87,544 (2,081) 2,081 (2,672) 5,116 5,116 (3,247) (3,247) 6 (1,821) 89,413 89,413 260 28
+ + 700.HK + + + 29
+ + + + 2018 9 14.88% + 30
+ + + + + 31
24 350 80% 4 + + LBS, + 32
+ + + + + + + + + + Icederby International Co., Ltd. 33
+ + + + + + + 34
25,000,000 26,000,000 4% 16,000,000 13,000,000 17% 61,000,000 175,000,000 65% 5,000,000 14,000,000 27,000,000 50,000,000 232,000,000 123,000,000 51%67% 35
0.050 0.0125 3,290,855,068 89,625,000 2% 2.39 37,500,000 150,000,000 0.598 0.598 0.359 249,651,810 8% 36
11,000,000 2,000,000 11,000,000 8,000,000 27 91 31 120 36,000,000 40,000,000 37
GEM A.4.1 38
A.6.7 GEM GEM 5.48 5.67 (i) (ii) (iii) (iv) (i) (ii) (iii) 39
CHINA VANGUARD YOU CHAMPION HOLDINGS LIMITED GEM www.hkgem.com www.cvg.com.hk 40