2018

2 5 7 16 24 40 57 67 68 69 71 73 75 200 1

2

Clarendon House 2 Church Street Hamilton HM 11 Bermuda 26 14 1405 1410 412 11 31 3

22 18 20 Conyers Dill & Pearman 8 2901 1 555 18 MUFG Fund Services (Bermuda) Limited The Belvedere Building 69 Pitts Bay Road Pembroke HM08 Bermuda 183 17M www.csfg.com.hk 4

0412.HK 6.71137% 4.58 5.624.09 6.71 1.59 40% 43.2% 6 60% 5

21 6

670,725,000 159,356,000 561,576,000 409,448,000 China Shandong Hi-Speed Financial Group Limited 40% 60 60% 363,065,565 14,414,673,000 4,735,830,000 8,569,849,000 1,549,161,0005,844,824,000 3,186,669,000 7

a) 257,334,000208,378,000 15 40% 60 b) 459,713,000 867,184,000 101,863,000 457,736,000 c) 68,633,000 20,763,000 1,358,805,000 56,503,000 d) 60% 8

e) 9

50% 600,000,000 650,850,000 623,035,000 10

600,000,000 3.9% 40,000,000 40,000,000 100% 14,414,673,0008,028,855,000 811,280,000 4,662,357,0001,799,853,000 6 8755,365,000 4,642,130,0003.9 20,227,0005 55.70% 26.92% 40% 5,000,000,000 60% 363,065,565 11

32 33 40 (a) Leading Fortune International Group Limited 12

(b) Coastal Silk Limited (i) 12,50025%20% 50,000,000 62,463,000 (ii) 25,000 50%40%100,000,000363,065,565 60% 529 485 60,646,00052,357,000 485 13

24 26 LED 14

15

48 20 (AICPA) (CIMA) 58 CEDR (CPC) ESBN(WUSME) (PBEC) (HKBAN) 16

30 497 393 318391 223 6837 600837 2277 8227 1682 2122 188 9318228 455 Asia-Pacific Strategic Investments Limited 5RA Top Global Limited BHO Singapore edevelopment Limited 40V Sunwah International Limited SWH AustChina Holdings Limited AUH Adamas Finance Asia Limited ADAM 185 620 8072 233 585 Vietnam Equity Holding 3MS A50 17

46 41 46 18

46 174 KKR Sino Prosperity Real Estate Fund 3377 55 19

G.B.S., 69 (0566.HK) 51 279 6221332 901 273 67 1332 20

52 (0365.HK) 61 (1258.HK) (0993.HK)(0188.HK) (0343.HK) UCAN.COM Group Limited (0261.HK) (0886.HK) 21

22

25 23

China Innovative Finance Group Limited China Shandong Hi-Speed Financial Group Limited 622 16 China Shandong Hi-Speed Financial Group Limited 41 67 74 200 24

622 57 15 15 (BVI) 40% 1,500,000,000 5,000,000,000 Coastal Silk Limited 60% 363,065,565100,000,000 29 25

1,558,334,000 2,361,112,121 100,000,000 200,000,000 200,000,000 1,213,939,394 26

26 27 Coastal Emerald Limited400,000,000 3.9% Coastal Emerald Limited 200,000,000 3.9% 399,616,000 199,962,000 (a) Haitong Global Investment SPC III 40,000,000 20,000,000 0.35 A 20,000,000 0.42 B 6% 817,142,856 27

40,000,000 40,000,000 40,000,000 8% 6% 27 (b) 05.12.2014 169,400,000 169,400,000 05.12.2014 04.12.2024 0.42 169,400,000 169,400,000 30 28

1,524,577,000 4,801,197,000 42 26.93% 64.72% 5% 29

30

14A.4.2 99(B) 13.51B(1) 16 23 3.13 34 31

34 60% VIE 4 (i) VIE (i) (ii) (iii) 32

30% 30% 19% 21% (ii) 4 (iii) VIE VIE 33

34

(iv) (v) 469 35

XV (i)xv 7 8 (ii) XV 352 (iii) % 2 169,400,000 1 169,400,000 0.69% 30,000,000 30,000,000 0.12% 1. 169,400,000 2. 24,551,714,002 XVXV 7 8 XV 352 36

30 336 XV 2 3 % 5 1 10,459,648,350 42.60% 2 3,547,689,650 80,729,170(S) 14.45% 3 3,033,239,372 408,000(S) 12.35% 4 1,320,000,000 7.41% 500,000,000 4 1,320,000,000 7.01% 401,810,000 37

1. (BVI) (BVI) 5,459,648,350 5,000,000,000 2. Win Team Investments Limited Win Team Investments Limited 100% 3,503,559,650 90% 9%44,130,000 3. Haitong International (BVI) Limited Haitong International (BVI) Limited 3,032,831,372 817,142,856 Haitong International (BVI) Limited Haitong International (BVI) Limited 408,000 4. Century Golden Resources Investment Co., Ltd. Century Golden Resources Investment Co., Ltd. 1,320,000,000 5. 24,551,714,002 6. (S) 336 5% 38

25% 39

40

A.4.2 41

16 21 3.10(1) (2) 3.10A 3.13 42

12 2 2/4 0/0 12/12 2/2 10/12 2/2 4/5 0/0 4/4 1/2 2/8 0/2 5/12 0/2 1/4 0/0 5/12 0/2 0/4 0/0 8/12 0/2 8/12 1/2 1/4 0/0 1/4 0/0 3/8 2/2 A.6.7 E.1.2 43

A.1.3 14 14 A.1.3 A.4.1 A.4.2 44

D.1.4 D.1.4 A.4.1D.1.4 C.1.2 C.1.2 45

A.6.5 I, II I II I I, II II I, II I, II II I, II II I, II II I, II I I: II: 46

A.2.1 3/3 2/3 3/3 3/3 0/1 1/2 47

1,000,000 12 1,000,001 1,500,000 2 1,500,001 5,000,000 4 5,000,001 10,000,000 0 16 10 11 48

2/3 3/3 2/3 3/3 0/0 1/3 C.3.3 C.3.3 D.3.1 49

2/2 2/2 1/1 1/1 1/1 14/15 14/16 9/16 15/16 1/1 50

1,900,000 2,800,000 57 66 C.2 51

A. (i) (ii) (iii) B. (i) (ii) (iii) C. (i) (ii) (iii) (iv) D. (i) 52

C.2.3 53

54

686 3.29 15 2614 1405 1410 ir@csfg.com.hk 55

(a) (b) (21) (21) 74(3) 56

Hodgson Impey Cheng Limited 11 31 67 199 57

19 21 2,967,439,0001,358,805,000 58

59

16 459,757,000 34,007,000 969,951,000 60

61

36 1,590,000,000 234,862,000 54,424,000 43,981,000 62

63

90 64

65

P05467 66

6 458,440 193,511 (63,738) (115,202) 7 35,912 3,347 7 (1,467) (21,937) 9 561,576 409,448 9 (60,646) (52,357) 15 (10,238) (15,257) (17,108) (9,959) (54,717) (87,313) 8 (121,012) (113,483) 17 (750) 9 726,252 190,798 12 (55,527) (31,442) 670,725 159,356 671,330 159,356 (605) 670,725 159,356 14 3.12 0.83 14 3.12 0.83 67

670,725 159,356 55,024 191,659 (60,077) 246,683 (60,077) 917,408 99,279 918,013 99,279 (605) 917,408 99,279 68

15 12,322 153,569 16 1,463,715 1,248,269 17 47,894 18 1,936,000 345,400 19 1,950,858 411,133 20 1,340,761 253,795 21 629,883 23 30,126 7,381,433 2,442,292 19 1,016,581 215,995 20 2,526,583 1,578,957 21 728,922 56,503 22 1,193,226 196,487 23 12,795 25,052 24 1,555,133 220,544 7,033,240 2,293,538 25 252,269 80,442 26 5,267,746 218,314 27 463,480 69,798 2,035 6,053,293 300,791 69

979,947 1,992,747 8,361,380 4,435,039 26 2,005,744 313,105 27 291,885 743,522 25 32,408 28 186,519 191,743 2,516,556 1,248,370 5,844,824 3,186,669 29 6,138 4,797 5,769,570 3,181,872 5,775,708 3,186,669 69,116 5,844,824 3,186,669 70

i ii iii iv v vi vii 4,828 3,236,117 40,150 1,177 1,524,577 120 81,615 (4,672) (1,724,557) 3,159,355 3,159,355 159,356 159,356 159,356 (60,077) (60,077) (60,077) (60,077) (60,077) (60,077) (60,077) 159,356 99,279 99,279 29(i) (31) (81,575) (81,606) (81,606) (45,517) 31,872 (13,645) (13,645) 27 27,887 27,887 27,887 28 (4,601) (4,601) (4,601) 20,899 (20,899) 4,797 3,154,542 40,150 1,177 1,524,577 120 59,384 20,899 (64,749) (1,554,228) 3,186,669 3,186,669 i ii iii iv v vi vii 4,797 3,154,542 40,150 1,177 1,524,577 120 59,384 20,899 (64,749) (1,554,228) 3,186,669 3,186,669 671,330 671,330 (605) 670,725 55,024 55,024 55,024 191,659 191,659 191,659 55,024 191,659 246,683 246,683 55,024 191,659 671,330 918,013 (605) 917,408 29(ii)(a) 1,250 1,528,750 1,530,000 1,530,000 29(ii)(b) 91 117,905 117,996 69,721 187,717 4,121 22,680 26,801 26,801 28 (3,771) (3,771) (3,771) 17,096 (17,096) 6,138 4,801,197 40,150 1,177 1,524,577 55,144 59,734 37,995 126,910 (877,314) 5,775,708 69,116 5,844,824 71

(i) (ii) 30 (iii) (iv) (v) (vi) (vii) 10%50% 72

726,252 190,798 (116,700) 9 (459,713) (867,184) 16 66 15 10,238 15,257 7 16,254 21,934 9 160,816 157,367 7 272 3 7 (14,713) 7 (346) 9 771 6 (2,811) (190) 7 (4,992) (2,422) 17 750 315,373 (483,666) (1,290,990) 117,931 (951,162) 1,305,459 (2,263,076) 247,031 (672,831) 108,454 36,340 (118,648) (4,826,346) 1,176,561 (1,029) (5,211) (4,827,375) 1,171,350 73

15 (7,420) (688) 107 (779,159) 70,000 (5,576) 31(a) 100,361 31(b) 19,925 31(c) 41,027 (49,917) (32,002) 45,628 4,366 5,917 (542,850) (44,581) 4,628,808 (104,154) (136,871) (232,500) 4,661,133 287,763 (2,551,907) (1,148,611) 6,633,880 (1,230,219) 1,263,655 (103,450) 220,544 327,621 70,934 (3,627) 24 1,555,133 220,544 74

1. Clarendon House, 2 Church Street, Hamilton HM11, Bermuda26 14 1405 1410 2. 7 12 12 75

2. 7 (i)(ii) (iii)(iv) (v) 39 39 76

2. 12 5 2 19 2 28 2 40 1 2 1 4 49 1 9 1 9 2 10 4 28 15 1 15 15 1 16 3 17 6 1 22 2 23 1 2 3 15 4 5 6 77

2. 9 9 9 9 9 9 39 39 9 78

2. 9 39 9 9 3 9 79

2. 15 15 1518 11 15 15 15 15 15 15 80

2. 16 16 16 16 16 33 16,148,000 16 22 22 81

2. 2 2 10 28 28 82

2. 10 28 10 10 10 28 3. 83

3. 2 17 2 36 84

3. 85

3. (i) (ii) 39 5 86

3. 39 36 36 39 87

3. 12 19 2 5 88

3. 89

3. 90

3. (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (viii) 91

3. (a) (b) (c) 20% 10% 20% 20% 30% 6% 92

3. 5 93

3. (a) (a)(b) 94

3. (b) 95

3. 39 (i) 96

3. (i) 39 (ii) 97

3. (iii) 98

3. (a) (b) 99

3. 100

3. 39 (i) 101

3. (ii) (i) (ii) (iii) 102

3. 103

3. 104

3. (i) (ii) (iii) (iv) (v) 105

3. 106

3. 107

3. 108

3. 4. 109

4. (BVI) (BVI) (BVI) 40% (BVI) 18 42.60% (BVI) (BVI)(BVI) 40% (BVI) (BVI)(BVI) 60% (BVI) (BVI) 40% (BVI) (BVI) 110

4. (i) (ii) (iii) 60% 31(c)(i) 111

4. (a) (b) (c) (d) (e) (i) (ii) 112

4. (i) (ii) (i) (ii) (i) (ii) (iii) 113

4. (i) (ii) (iii) 114

4. 41 36% 46%54% 77% 115

4. 116

4. 117

4. 13 131,809,914,000 166,451,000 1,824,862,000 913,822,000 36 5. (i) (ii) (iii) (iv) 31(c)(i) 118

5. 66,266 7,919 68,633 20,763 321,272 164,543 1,260 1,009 286 458,440 193,511 583,867 234,932 64,906 20,660 257,334 208,378 (1,646) 904,461 463,970 29,725 3,611 (102,452) (112,002) * (104,732) (164,781) (750) 726,252 190,798 (18,560) (645) (836) (102,452) (112,002) (121,012) (113,483) (66) (66) (4,125) (4,625) (6,113) (10,632) (10,238) (15,257) 561,576 409,448 561,576 409,448 (771) (771) (47) (225) (3) (272) (3) (16,254) (21,934) (16,254) (21,934) 14,713 14,713 346 346 ** 465 9 37,211 6,946 1,282 44,631 1,282 * 57,646,000 48,938,000 16,254,000 21,934,000 23,241,000 14,054,000 12,093,000 10,757,000 6,113,000 10,632,000 ** 119

5. 7,214,929 1,610,243 1,371,728 118,434 5,402,303 2,295,786 365,661 14,354,621 4,024,463 60,052 711,367 14,414,673 4,735,830 3,756,007 5,665 527,457 3,086,090 496,627 123,668 7,493,222 502,292 1,076,627 1,046,869 8,569,849 1,549,161 10% A 1 40,907 B 129,531 C 78,661 1 A10% 120

5. 135,908 28,968 7,388 159,960 322,532 164,543 1,468,649 1,272,004 458,440 193,511 1,476,037 1,431,964 6. i 318,702 54,098 55,986 105,484 55,476 19,121 ii 2,450 6,889 14,075 7,680 7,729 2,811 190 1,260 458,440 193,511 121

6. (i) (a) (b) (c) (d) (ii) 1,441,000 4,961,000 1,009,000 286,000 1,642,000 7. 4,992 2,422 415 681 6,141 23,241 1,123 244 35,912 3,347 122

7. (272) (3) (16,254) (21,934) 31(a) 14,713 31(b) 346 (1,467) (21,937) 8. 7,469 7,688 17,899 645 26(ii) 7,593 1,142 27 88,051 104,008 121,012 113,483 123

9. 2,800 2,400 1,900 619 4,700 3,019 2,473 1,092 8,964 10,085 * 59 53 2,726 11,496 13,956 47,006 36,207 * 2,144 2,194 49,150 38,401 60,646 52,357 124

9. (1,024,000) (769,716) 922,137 724,108 20(iii)(b) (101,863) (45,608) 20(iii)(a) (459,713) (867,184) (561,576) (912,792) i 503,344 503,344 (561,576) (409,448) (23,241) 14,054 66 ii 160,816 157,367 18(iii) 771 (i) 495,400,000 (ii) 39,804,000 43,884,000 121,012,000 113,483,000 * 125

10. 383 (1)(a) (b) (c) (f) 2,473 1,092 8,964 10,085 59 53 * 2,726 9,023 12,864 9 11,496 13,956 * (a) 140 120 140 120 i 70 i 70 ii 74 120 494 360 (i) (ii) 126

10. (a) (b) i 500 232 ii 587 500 500 iii 392 1,979 732 (i) (ii) (iii) 127

10. (c) i 1,410 1,410 1,690 14 1,704 2,589 18 2,607 ii 766 6 772 iii 1,791 9 1,800 iv 718 12 730 8,964 59 9,023 v 817 817 2,282 18 2,300 iii 1,202 6 1,208 1,200 18 1,218 vi 4,584 11 2,726 7,321 10,085 53 2,726 12,864 (i) (ii) (iii) (iv) (v) (vi) 128

10. (c) 11. 10 1,866 5,120 3 27 1,869 5,147 1,000,001 2,000,000 1 2,000,001 3,000,000 2 1 2 129

12. 16.5% 16.5% 25% 25% 2,299 67,391 5,630 337 69,690 5,967 28 (14,163) 25,475 55,527 31,442 726,252 190,798 137,258 45,746 124 (107,786) (63,515) 27,225 33,044 (6,997) 5,703 15,830 337 55,527 31,442 130

13. 14. 671,330 159,356 21,522,389 19,236,701 63,958 21,522,389 19,300,659 3.12 0.83 3.12 0.83 131

15. 9,952 11,296 4,480 156,574 182,302 (7,681) (7,459) (1,745) (11,848) (28,733) 2,271 3,837 2,735 144,726 153,569 2,271 3,837 2,735 144,726 153,569 31(c) 2,310 828 3,138 5,396 2,024 7,420 (2,654) (2,773) (1,260) (3,551) (10,238) (207) (65) (272) 31(a) (141,175) (141,175) 31(b) (470) (470) 119 188 43 350 4,925 5,051 2,346 12,322 10,553 12,614 5,404 28,571 (5,628) (7,563) (3,058) (16,249) 4,925 5,051 2,346 12,322 132

15. 10,256 11,926 3,849 156,574 182,605 (6,073) (4,812) (568) (2,454) (13,907) 4,183 7,114 3,281 154,120 168,698 4,183 7,114 3,281 154,120 168,698 31(c) 94 94 688 688 (1,723) (2,950) (1,190) (9,394) (15,257) (110) (110) (189) (311) (44) (544) 2,271 3,837 2,735 144,726 153,569 9,952 11,296 4,480 156,574 182,302 (7,681) (7,459) (1,745) (11,848) (28,733) 2,271 3,837 2,735 144,726 153,569 144,726,000 32 133

16. 447,000 796,156 1,243,156 31(c) 500 37,873 38,373 (32,463) (797) (33,260) 500 414,537 833,232 1,248,269 31(c) 34,073 145,429 179,502 31(b) (500) (11,501) (12,001) (66) (66) 45,220 2,791 48,011 459,757 34,007 969,951 1,463,715 145,429 34,007 179,436 796,156 796,156 459,757 414,537 1,255,913 1,210,693 28,366 25,575 28,366 25,575 11,501 500 12,001 969,951 833,232 493,764 415,037 1,463,715 1,248,269 134

16. 60% 31(c)(i) 20.15% 145,429 34,007 179,436 135

16. 21.75% 22.23% 796,156 796,156 459,757 414,537 1,255,913 1,210,693 136

16. 20.76% 21.68% 28,366 25,575 31(c)(iii) 137

16. 18.32% 11,501 500 12,001 75% 100% 31(b)(i) 138

17. 16,642 (750) 15,892 32,002 47,894 25 3,696 25% 25% 25% 25% 25% 13% 15% 60% 139

17. (750) (750) 15,892 18. (i) 5,200 4,600 (ii) 340,800 340,800 (iii) (iv) 1,590,000 1,936,000 345,400 (i) 600,000 13 36 140

18. (ii) (iii) 684,000 794,000 684,000 771,000 (iv) 5,000,000,000 (BVI) 40% 29(ii)(a)1,530,000,0005,576,000 (BVI) 4 (BVI) 1,590,000,000(BVI)54,424,000 13 36 19. 2,967,439 627,128 (1,016,581) (215,995) 1,950,858 411,133 450,557,000 141

19. 3,286,573 712,142 (319,134) (85,014) 2,967,439 627,128 1,161,799 268,247 830,104 333,254 1,294,670 110,641 3,286,573 712,142 1,016,581 215,995 739,486 309,758 1,211,372 101,375 2,967,439 627,128 142

19. % % A 1 749,559 25.26 B 1 624,633 21.05 C 624,633 21.05 D 374,780 12.63 E 362,287 12.21 394,237 62.86 F 2 68,710 2.32 61,951 9.88 G 62,463 2.10 56,320 8.98 H 2 56,217 1.89 50,688 8.08 I 2 40,409 1.36 56,320 8.98 J 3,748 0.13 3,379 0.54 K 4,233 0.68 2,967,439 100.00 627,128 100.00 1 A B 2 F H I 52,339,000 48,315,000 25 624,633,000749,559,000 14 38 143

20. (i) (iii) 234,862 253,795 (ii) (iii) 1,105,899 1,340,761 253,795 (ii) (iii) (iv) 721,869 757,079 (iii) 265,837 (iii) 394,190 (iii) 546,828 1,257,886 161,851 1,804,714 821,878 2,526,583 1,578,957 (i) 29,951,000 29,951,000 8.32% 8.32% 234,862,000 253,795,00043,981,000 167,912,000 13 36 144

20. (ii) (iii) (a) % % % % 839650 29,951,000 29,951,000 8.32 8.32 234,862 253,795 4.02 7.96 2768 97,522,000 3.98 1,105,899 18.92 1,340,761 253,795 1004 677,736,000 777,736,000 7.23 8.30 596,408 614,411 10.20 19.28 8153 60,000,000 3.16 6,600 0.11 36 11,814,000 11,814,000 1.08 1.08 9,097 8,979 0.16 0.28 474 385,000,000 330,000,000 7.86 7.89 109,725 133,650 1.88 4.19 6886 2,600 2,600 0.00 0.00 39 39 0.00 721,869 757,079 4,500 45.00 265,837 8.34 1,000,000,000 394,190 12.37 546,828 9.36 200,000 200,000 148,952 161,851 2.55 5.08 Altair Asia Investment Limited 5,292,982 143,434 2.45 1,279,214 965,500 16.52 1,804,714 161,851 2,526,583 1,578,957 145

20. (iii) (a) 550,829 427,119 (43,981) 440,065 (47,135) 9 459,713 867,184 (b) 758,000 656,300 101,700 45,562 266,000 265,837 163 46 9 1,024,000 922,137 101,863 45,608 (iv) 246,018,000 (v) 146

21. 1,403,805 101,503 (45,000) (45,000) 1,358,805 56,503 (728,922) (56,503) 629,883 4 207.5 24 245,279 6,000 1,158,526 95,503 1,403,805 101,503 (45,000) (45,000) 1,358,805 56,503 681,897 303,582 3,000 197,034 3,000 176,292 50,503 1,358,805 56,503 155,500,000 200,000 20 147

21. 90 28,922 45,424 91 180 500,000 181 200,000 11,079 434,883 195,000 1,358,805 56,503 3,000,000 1,355,805 56,503 3,000 1,358,805 56,503 148

22. (i) 14,559 5,838 7,077 (ii) 60,528 7,423 (iii) 15,899 13,949 26,006 14,330 (iv) 1,070,396 153,708 1,193,226 196,487 (i) 90 13,304 91 180 118 181 1,038 99 14,559 14,559 149

22. (ii) (a) 33,730,000 (b) 9,158,000 7,423,000 (iii) (iv) (a) 153,811,000 128,714,000 34(c)14,957,000 13,486,000 1,951,714,383 585,514,000 (b) 590,400,000 (c) 60,000,000 40,000,000 (d) 230,000,000 150

23. i 12,120 41,502 ii 675 13,676 12,795 55,178 (12,795) (25,052) 30,126 (i) 12,120,000 (ii) 2.80 4.752.80 4.75 5 24. 520,401 136,472 1,026,032 73,471 10 8,690 10,601 1,555,133 220,544 1,026,020,000 127,254,000 151

25. 14,999 9,369 19 52,339 48,315 50,010 17 3,696 17,177 i 3,966 10,952 ii 18,251 767 iii 124,239 11,039 284,677 80,442 (252,269) (80,442) 32,408 (i) (ii) (iii) (a) 31,800,000 (b) 15,980,000 837,000 152

26. i : 374,780 217,331 251,455 436,500 42,557 ii 4,643,113 983 19,244 19,093 iii 249,853 1,550,000 7,273,490 531,419 (5,267,746) (218,314) 2,005,744 313,105 511,343 7,273,490 20,076 7,273,490 531,419 153

26. (i) 60,786 3.65% 34(a) 374,780 5.65% (a) 436,500 2.45% (b) 394,237 3.27%-5.25% 56,320 8.00% 811,280 511,343 (a) (b) 450,557,000450,557,000 19 41,502,00023 (ii) 20,076 19,934 4,628,808 14,473 1,142 (1,000) (1,000) 4,662,357 20,076 (4,643,113) (983) 19,244 19,093 6,880,000 7,593,000 1,142,000 8 154

26 (ii) Coastal Emerald Limited Coastal Emerald 400,000,0003.9% Coastal Emerald200,000,0003.9% 600,000,000 4,642,130,000 20,227,000 20,076,000 (a) 10,000,0005 (b) 10,000,0005 (iii) 34(a) (a) 200,000,000 249,853,000 9%(b)200,000,000 1,550,000,000 4.5% 155

27. 50,000,000 387,500,0008 0.68 8 12.08 40,000,000 310,000,0008 0.72 16,254,0007 8 10.60 156

27. 40,000,000 310,000,0007 0.72 2,954,000 7 12.91 40,000,000 310,000,0008 40,000,000 310,000,000 0.72 10,000,000 20,000,000 77,500,000155,000,000 6,884,00012,096,000 8 13.19 157

27. 40,000,000 310,000,0006 40,000,000 310,000,000 AB 20,000,000 155,000,000 A 0.35 20,000,000 155,000,000 B 0.42 0.38A AB 6 11.32 158

27. 387,500 310,000 310,000 310,000 310,000 8 8 7 8 6 0.68 0.72 0.72 0.72 0.35 A 0.42 B 345,789 287,564 276,404 282,113 287,145 1,479,015 41,711 22,436 33,596 27,887 22,855 148,485 387,500 310,000 310,000 310,000 310,000 1,627,500 363,894 291,147 282,664 937,705 282,113 282,113 8 44,031 32,033 14,118 13,826 104,008 (36,521) (24,965) (11,961) (8,060) (81,507) (284,821) (213,976) (498,797) 371,404 298,215 73,903 743,522 287,145 287,145 8 45,511 27,938 9,862 4,740 88,051 (31,000) (28,461) (6,200) (65,661) (297,692) (297,692) 385,915 77,565 291,885 755,365 # 159

27. 291,885 743,522 463,480 755,365 743,522 394,017,000 77,406,000291,350,000 389,327,000311,447,00077,852,000 28. 10,254 48,297 111,750 170,301 31(c) 82 82 4,601 4,601 (6,830) (6,830) 12 (3,604) 29,079 25,475 (1,886) (1,886) 4,421 75,490 111,832 191,743 3,771 3,771 31(b) (82) (82) 12 (4,952) (9,211) (14,163) 5,250 5,250 3,240 71,529 111,750 186,519 160

28. 52,348,000 115,575,000 29. 2,000,000,000,0002,000,000,000,000 0.00025 0.00025 500,000 500,000 24,551,714,00219,188,648,437 0.00025 0.00025 6,138 4,797 19,310,448,342 4,828 3,236,117 3,240,945 (i) (121,799,905) (31) (81,575) (81,606) 19,188,648,437 4,797 3,154,542 3,159,339 (ii) 5,363,065,565 1,341 1,646,655 1,647,996 24,551,714,002 6,138 4,801,197 4,807,335 161

29. (i) 117,870,876 78,973,0003,929,029 2,633,000 121,799,905 (ii) 5,363,065,565 (a) 5,000,000,000 (BVI) 40% 18 (b) 363,065,565 60% 31(c)(i) 162

29. 100,000,000 10,000,000 3,000,000 8,028,855 1,274,941 14,414,673 4,735,830 55.70% 26.92% 163

30. 10% 1,694,371,824 8.83% 1% 0.1% 5,000,000 15 1 164

30. (i) (ii) (iii) * ** * 169,400 169,400 0.42 0.405 * ** * 169,400 169,400 0.42 0.405 * ** 165

30. 0.948 (%)(i) 104.81 (%) 1.73 10 (%) 0 1.62 (ii) 2.47 (i) (ii) 166

31. (a) Leading Fortune International Group Limited Leading FortuneLeading Fortune 100,680,000 15 141,175 3,058 319 (58,585) 85,967 7 14,713 100,680 100,680 (319) 100,361 14,713,0007 167

31. (b) i) 75% 21,075,000 15 470 16 500 14,908 1,208 (580) 16,506 16 11,501 25% (7,002) 70 21,075 21,075 (1,208) 19,867 25% 17 168

31. (b) (ii) 75% 750,000 692 (60) 632 25% (158) 276 750 750 (692) 58 25% 17 169

31. (c) (i) Coastal Silk Limited Coastal Silk (i)coastal Silk 12,500 25%20%50,000,000 62,463,000(ii) Coastal Silk 25,000 50% 40% 363,065,565 29(ii)(b) 60% 4 170

31. (c) (i) 15 3,138 16 34,073 9,482 87,126 103,490 (132,120) (438) 104,751 (69,721) 16 145,429 180,459 62,463 29(ii)(b) 117,996 180,459 171

31. (c) (i) (62,463) 103,490 41,027 180,000 Crowe Horwath First Trust Appraisal Pte Ltd. 32,270,000 58,170,00095,700,000 14,571,000 33,730,00022(ii)(a) 87,126,000 172

31. (c) (i) 16 1,261,000 1,513,000 551,841,000 668,349,000 (ii) 30,000,000 34,845,000 26,372,000 173

31. (c) (ii) 15 13 18 794 154 7,753 (241) 8,473 16 26,372 34,845 34,845 34,845 (154) 34,691 197,000 174

31. (c) (ii) 80,000 2,359,000 193,511,000 158,455,000 (iii) 41,193,000 11,501,000 175

31. (c) (iii) 15 81 16 500 205 25,967 10,812 (7,500) (291) 28 (82) 29,692 16 11,501 41,193 41,193 41,193 (25,967) 15,226 33,000 286,000 483,000 193,880,000 166,297,000 176

31. (d) (i) 230,000,000 (ii) 27 (iii) 27 (iv) 155,500,000 200,000 21 32. 27 (i) 27 (ii) 450,557,00019 (iii) 41,502,000 23 (iv) 144,726,000 15 177

33. 9,618 16,364 6,530 23,774 16,148 40,138 7,500 7,500 2,408 7,500 9,908 178

34. (a) 42.60% 34(g) 249,087 26(i)34(g)(iv) 374,780 26(iii)34(g)(iv) 249,853 1,550,000 34(g)(i) 7,700 15 34(g)(i) 403 118 3,221 (BVI)40% 34(g)(iii) (b) 179

34. (c) (i) 153,811,000 128,714,000 22(iv)(a) (ii) 117,870,876 78,973,00029(i) (d) 17,177,000 25 (e) 230,000,000 22(iv)(d) 312,000 (f) 3,857 14,809 2,726 3,857 17,535 10 11 180

34. (g) (i) 7,700,000 7.5 14A (ii) Leading Fortune International Group Limited Leading Fortune 97,200,000 Leading Fortune 156,574,00059,374,000 Leading Fortune (a) (b) (c) 100,680,000 31(a) 181

34. (g) (ii) Leading Fortune 14A.0714A (iii) (BVI) (BVI)40% 18(iv) (BVI) 5,459,648,350 28.5% (BVI) 14A(BVI) 25%100%(BVI) 14 14 14A 182

34. (g) (iii) (BVI) (BVI) 5,000,000,000 18 (iv) 34(a) 14A (1) 34(g)(2) 34(c)(ii) 14A 183

35. 340,800 340,800 1,595,200 4,600 721,869 757,079 3,145,475 1,075,673 7,081,560 1,148,763 12,884,904 3,326,915 8,313,532 1,355,383 184

36. (a) 5,200 4,600 1,590,000 15.6% i 3% i 234,862 253,795 # 9.3% 10.1% ii 3% 3% ii 1,827,768 757,079 265,837 * 394,190 * 546,828 1,257,886 161,851 * # 185

36. (a) (i) 10% 163,019,000218,842,00010% 26,993,00017,910,000 (ii) 10% 18,857,00024,750,000 29,947,00039,844,000 10% 5,893,0005,893,000 8,519,0007,814,000 5,200 1,590,000 1,595,200 1,827,768 1,804,714 234,862 3,867,344 1,827,768 1,809,914 1,824,862 5,462,544 4,600 4,600 757,079 161,851 913,822 1,832,752 757,079 166,451 913,822 1,837,352 186

36. (a) 1,535,576 54,424 1,590,000 913,822 96,010 57,535 (660,026) (566) (43,981) 770,819 25,047 (9,976) 234,862 913,822 (b) 187

37. 8,028,855,000 811,280,000 1,274,941,000 455,023,000 50 2,182 2,275 188

37. 21 19 189

37. 233,976 18,293 32,408 284,677 284,677 42,370 4,770,225 20,974 4,833,569 4,662,357 7,085 396,034 447,089 850,208 811,280 21,763 315,143 1,670,125 2,007,031 1,799,853 9,688 494,062 316,458 820,208 755,365 314,882 5,993,757 2,487,054 8,795,693 8,313,532 80,442 80,442 80,442 500 500 23,500 24,500 20,076 45,760 195,562 304,246 545,568 511,343 31,010 31,334 829,756 892,100 743,522 157,712 227,396 1,157,502 1,542,610 1,355,383 190

37. 7.751.00 25 31 34,394 25 34,425 191

37. % 5 1 1 5 (1) (1) 5 1,721 1,721 (5) (1,721) (1,721) 20 192

37. 15% 15% % 15 1,827,768 229,776 229,776 (15) 1,827,768 (229,776) (229,776) 15 757,079 94,824 94,824 (15) 757,079 (94,824) (94,824) 15% 15% 193

38. 500,000,000 624,633,000 575,711,000 719,216,000 600,000,000 749,559,000 650,850,000 813,085,000 623,035,000 778,336,000 351,847,000 439,550,000350,000,000 437,243,000 1,847,000 2,177,000 (a) 250,000,000 312,317,000 (b) 21,188,000 24,971,000 14.22 14.0725% 100%14 194

39. 531,419 743,522 767 1,275,708 6,738,034 (65,661) (38,493) 6,633,880 62,622 (16,788) 45,834 31(a) (58,585) (58,585) (10,547) (10,547) 9 88,051 72,765 160,816 7,273,490 755,365 18,251 8,047,106 40. 22(ii)(a) 708,346,000 33,730,00022(ii)(a) 195

41. 530,000,001 50,000,000 100% 100% 310,000,000 100% 100% 2 100% 100% 2 100% 100% Mass Nation Investments Limited 1 100% 100% Safe Castle Limited 1 100% 100% Viewlock Limited 1 100% 100% Coastal Silk 1 100% 100% Coastal Emerald 1 100% 100% 500,000,000 100% 100% 48,000,000 100% 100% 500,000,000 100% 100% 100,000,000 100% 100% 100,300,000 100% 100% * 874,000 100% 100% * 2,000,000,000 100% # 30,000,000 36% # 45,920,001 36% # 30,000,000 36% * # 60% 196

42. (a) 1 1 10,557,146 3,523,729 5,200 4,600 32,002 1,105,899 11,700,248 3,528,330 259,034 1,392 517,160 17,300 776,194 18,692 42,112 5,620 463,480 4,657,549 983 983 5,164,124 6,603 (4,387,930) 12,089 7,312,318 3,540,419 2,005,744 19,093 291,885 743,522 3,240 4,420 2,300,869 767,035 5,011,449 2,773,384 6,138 4,797 5,005,311 2,768,587 5,011,449 2,773,384 197

42. (b) i ii iii iv v vi 4,828 3,236,117 40,150 1,177 1,524,577 120 81,615 (1,875,987) 3,012,597 (167,248) (167,248) 29(i) (31) (81,575) (81,606) (45,517) 31,872 (13,645) 27 27,887 27,887 28 (4,601) (4,601) 4,797 3,154,542 40,150 1,177 1,524,577 120 59,384 (2,011,363) 2,773,384 566,439 566,439 600 600 600 566,439 567,039 29(ii)(a) 1,250 1,528,750 1,530,000 29(ii)(b) 91 117,905 117,996 4,121 22,680 26,881 28 (3,771) (3,771) 6,138 4,801,197 40,150 1,177 1,524,577 720 59,734 (1,422,244) 5,011,449 198

42. (b) (i) (ii) 30 (iii) (iv) (v) (vi) 43. 199

458,440 193,511 96,992 3,797 12,004 726,252 190,798 111,939 (27,653) 283,547 (55,527) (31,442) (41,459) (5,280) 4,091 670,725 159,356 70,480 (32,933) 287,638 1,216 (95,794) (6,613) 670,725 159,356 71,696 (128,727) 281,025 671,330 159,356 71,696 (128,727) 281,025 (605) 670,725 159,356 71,696 (128,727) 281,025 14,414,673 4,735,830 5,897,307 1,644,249 1,741,526 (8,569,849) (1,549,161) (2,737,952) (223,176) (232,452) 5,844,824 3,186,669 3,159,355 1,421,073 1,509,074 200