GUO XIN GROUP LIMITED * 1215 18 12 125 *

.................................................................. 1.............................................................. 5.............................................................. 6........................................... 10................................................ 12 ERGL............................................. 13 ERGL.......................................... 15............................................. 17............................................. 17.................................................... 18....................................................... 18.................................................... 18............................................. 19......................................................... 19....................................................... 20........................................... 21............................ 22......................................... 23 ERGL................................... 80................................ 97.................................... 105......................................... 118......................................................... 124.............................................................. 124......................................................... 125 10%....................... 127.................................................. 128.............................................................. 128......................................................... 129 i

....................................................... 130......................................................... 130......................................................... 131.................................................... 132 ii

BCIL Burlingame (Chinese) Investment Limited ERGL 1

120,000,000 ERGL Easy Rider Group Limited 100% ERGL ERGL BCIL 2,600,000,000 500,000,000 5,000,000,000 760,000,000 7,600,000,000 2

14.07 ERGL (1) 1.00 ERGL ERGL 158,374,819 3

0.1 9-99 % 1.041.00 4

GUO XIN GROUP LIMITED * 1215 Canon s Court 22 Victoria Street Hamilton, HM 12 Bermuda 18 12 203,278,341 * 5

(1) (2) ERGL 6

158,374,819 44,903,522 158,374,819 203,278,341 158,374,819 (a) 83,278,341 (b) 120,000,000 158,374,819 ERGL 203,278,341 ERGL 0.53% 83,278,341 1.001.04 7

(a) (b) (c) (i) (ii) (iii) (iv) (v) (vi) (d) (e) ERGL (f) 8

(g) (h) (a) (e) ERGL BCIL 1. ERGL 2. ERGL 9

158,374,819 120,000,000 5% (4) 18 1,000,000 0.10 10

0.10(i) 0.023335% (ii) 5 0.0248303% 0.10 1,200,000,000 26.76% 21.11% 1,000,000 11

(i) (ii) (iii) 1,000,0001,000,000 Sourcebase Developments 750,000,000 16.72% 750,000,000 13.19% Limited 269,520,000 6.01% 269,520,000 4.74% 1,200,000,000 21.11% 3,465,123,140 77.27% 3,465,123,140 60.96% 4,484,643,140 100.00% 5,684,643,140 100.00% Sourcebase Developments LimitedSourcebase Developments Limited 12

ERGL ERGLBCIL 100% BCIL ERGL 100% 100% BCIL 9,000,000 22,500,000 BCIL 3,000,000 BCIL BCIL50% 50% BCIL 50% 50% 13

9-99 201,300,000 ERGL ERGL 41,858,000 8,279,000 5,830,000 1,750,000 ERGL 41,858,000 50,138,000 55,968,000 57,718,000 ERGL 14

ERGL ERGL ERGL ERGL ERGL 158,375,000 EGRL ERGL ERGL ERGL BCIL ERGL ERGLBCIL BCIL BCIL ERGL ERCL ERGL ERGL 18,513,000 9,263,000 6,814,000 1,770,000 15

ERGL 260,012,000 180,050,000 158,375,000 158,375,000 ERGL301,903,000 230,221,000 214,409,000 216,179,000 ERGL 41,858,000 50,138,000 55,968,000 57,718,000 ERGL ERGL ERGL109 112 110 ERGL108ERGL ERGL 365,000 617,000 802,000 277,000 ERGL ERGL 16

ERGL ERGL ERGL ERGL BCIL 17

500,000,000 5,000,000,000 4,484,683,140 2,600,000,000 500,000,000 5,000,000,000 760,000,000 7,600,000,000 100% 18

132133 66 (a) (b) (c) (d) 19

20

GUO XIN GROUP LIMITED * 1215 9-99 118 123 * 21

9-99 118 123 22

1. 1.1 90,356 4,147 122,067 160,960 3,993 (66,370) (354) (78,690) (148,555) (1,964) 23,986 3,793 43,377 12,405 2,029 73,669 100 1,137 2,017 894 (47,143) (2,346) (7,884) 987 (650) (76,800) (6,617) (7,586) (43,474) (17,147) (18,551) 14,238 (2,706) (46,103) (5,071) (24,162) (3,515) (321) (8,603) (4,637) (4) 2,055 23

10,723 (3,027) (54,706) (7,653) (24,166) 10,723 (3,027) (54,706) (7,653) (24,166) 4,389 (3,027) (67,066) (7,182) (24,129) 6,334 12,360 (471) (37) 10,723 (3,027) (54,706) (7,653) (24,166) 0.098 (0.079) (1.61) (0.19) (0.74) 0.096 24

# 804 880 1,342 1,344 221,876 215,525 278,858 268,868 76,800 94 74,750 26,719 297,430 319,924 280,200 270,306 4,000 36,199 27,002 83,278 423 50,561 115,512 4,376 66,635 72,642 18,009 293 371 642 20,747 154,629 159,773 161,165 25,123 1,666 15,825 12,916 4,678 1,286 8,825 3,545 2,463 13,212 10,928 144,231 141,509 167,699 15,617 179,809 159,636 174,840 30,115 (25,180) 137 (13,675) (4,992) 272,250 320,061 266,525 265,314 25

43,417 8,665 5,368 43,417 8,665 5,368 272,250 276,644 257,860 259,946 448,468 448,468 374,718 374,718 (176,218) (184,184) (116,858) (116,369) 272,250 264,284 257,860 258,349 12,360 1,597 272,250 276,644 257,860 259,946 # 2 26

1.2 5 122,067 160,960 (78,690) (148,555) 43,377 12,405 1,137 2,017 (47,143) (43,474) (17,147) (2,346) 6 (46,103) (5,071) 7 (8,603) (4,637) 27 2,055 (54,706) (7,653) 9 (54,706) (7,653) (12,360) 471 (67,066) (7,182) 10 (1.61) (0.19) 27

11 880 1,342 12 215,525 278,858 14 15 76,800 16 26,719 319,924 280,200 17 36,199 27,002 18 50,561 115,512 19 72,642 14 18,009 371 642 159,773 161,165 20 1,666 12,916 4,678 21 3,545 2,463 22 141,509 167,699 159,636 174,840 137 (13,675) 320,061 266,525 23 46,000 24 8,665 46,000 8,665 12,360 261,701 257,860 25 448,468 374,718 (186,767) (116,858) 261,701 257,860 28

11 87 120 13 202,177 253,381 202,264 253,501 252 13 280,264 123,183 6 45 280,270 123,480 2,542 450 13 53,242 119,033 21 120,259 2,363 176,043 121,846 104,227 1,634 306,491 255,135 23 46,000 260,491 255,135 25 448,468 374,718 26 (187,977) (119,583) 260,491 255,135 29

374,718 117,480 10,900 157 (244,906) 258,349 9,990 9,990 (3,297) (3,297) 6,693 6,693 (7,182) (7,182) 374,718 117,480 17,593 157 (252,088) 257,860 (1,927) (1,927) (24,331) (24,331) 636 636 8,029 8,029 (17,593) (17,593) 73,750 14,750 88,500 (67,066) (67,066) 448,468 132,230 157 (319,154) 261,701 30

(54,706) (7,653) (12) (780) (986) 2,346 8,603 4,637 461 602 9 5,474 47,143 19,200 10 (2,055) 25,186 (2,893) (9,197) (28,353) 64,951 (116,457) 1,666 (45) 8,099 82,561 (139,604) 31

(8) (635) (30,241) (22,726) 18,995 2,371 14,699 27 3,013 28 (50,000) (72,642) (26,719) 12 780 (145,904) (17,197) 1,082 (10,749) 379,619 (26,190) (227,537) 88,500 (320) (4,637) (63,072) 136,696 (271) (20,105) 642 20,747 371 642 371 642 32

1. 2. 67,066,000 141,509,000 181,192,000 Gainnew Group LimitedGainnew Gainnew 22,500,000 60,232,000 3. 33

4. 34

4. 5 15% 20% 18% 20 35

4. 36

4. 5. (a) 152,770 111,255 832 10,812 7,358 122,067 160,960 (1,413 ) (667 ) 10,686 (7,539 ) (48,534 ) 7,281 (39,261 ) (925 ) (6,842 ) (4,146 ) (46,103 ) (5,071 ) (8,603 ) (4,637 ) 2,055 2,055 (54,706 ) (7,653 ) (54,706 ) (7,653 ) (12,360 ) 471 (67,066 ) (7,182 ) 37

5. (a) 108,789 136,577 109,423 72 260,519 284,518 478,731 421,167 966 20,198 479,697 441,365 9,703 4,147 1,676 30 14 14 11,393 4,191 194,243 179,314 205,636 183,505 8 635 30,241 30,249 635 461 396 19,200 206 19,661 602 47,143 47,143 5,474 5,474 9 9 38

5. (b) 111,255 832 10,812 160,128 122,067 160,960 110,389 20,270 369,308 421,095 479,697 441,365 8 30,241 635 30,249 635 6. 280 280 461 602 19,200 10 (986) 2,346 5,474 9 8 7,576 8,515 218 355 7,794 8,870 1,494 1,995 (10,812) (7,358) (12) (780) 7. 7,834 4,637 769 8,603 4,637 39

8. (i) 500 600 602 245 4,855 5,553 162 191 6,119 6,589 250 3,900 120 4,270 4,320 250 955 42 1,247 1,362 719 250 250 150 214 214 38 138 138 1,102 4,855 162 6,119 845 5,553 191 6,589 40

8. (ii) 835 781 78 34 913 815 1,000,000 9. (54,706) (7,653) 33% 33% (18,053) (2,525) 54,165 157 (40,393) (2,405) 4,281 4,773 10. 67,066,000 7,182,000 4,165,437,0003,747,183,000 41

11. 1,114 511 1,090 2,715 8 8 (539) (21) (560) 575 498 1,090 2,163 939 198 236 1,373 175 89 197 461 (539) (12) (551) 575 275 433 1,283 223 657 880 175 313 854 1,342 539 198 737 3 3 (539) (10) (549) 191 191 539 78 617 31 31 (539) (5) (544) 104 104 87 87 120 120 42

12. 278,858 268,868 30,241 (22,100) (71,474) 9,990 215,525 278,858 71,474,000 9,990,000 24,331,000 9,990,000 47,143,000 181,192,000 13. 320,474 320,466 (118,297) (67,085) 202,177 253,381 % % 20,000,000 100 # 2 100 1 100 43

13. % % 1 100 Gainnew Group Limited 100 60 III # 14. 650 650 (650) (650) 18,009 18,009 44

15. 28 96,000 96,000 19,200 19,200 76,800 16. 17. 90 0 30 7,800 989 31 60 16,103 22,218 61 90 8,276 943 90 4,020 2,852 18. 36,199 27,002 120,000,000 45

19. 20. 0 30 342 31 60 779 61 90 358 90 187 21. 1,666 Sourcebase Developments Limited 22. 5.31% 181,192,000 23. 46,000,000 Gainnew5% 105% 0.1620.1 46

24. 21 (21) 5,368 5,368 (6) 6 3,297 3,297 15 (15) 8,665 8,665 (6) 6 (8,665) (8,665) 9 (9) 33,674,000 41,507,000 54,000 88,000 33,620,000 41,419,000 9,809,000 7,486,000 7,716,000 17,204,000 25. 0.1 5,000,000 500,000 0.1 3,747,183 374,718 737,500 73,750 0.1 4,484,683 448,468 47

25. 88,500,000 3% 0.12 88,500,000 0.12737,500,000 26. 117,480 16,048 (248,941) (115,413) (4,170) (4,170) 117,480 16,048 (253,111) (119,583) 14,750 14,750 (83,144) (83,144) 132,230 16,048 (336,255) (187,977) (a) (b) 48

27. 80% 6,642,000 35 1,351 5,321 3,629 (4,707) (1,126) 4,503 84 4,587 2,055 6,642 6,642 (3,629) 3,013 5,490,000 1,886,000 28. 15 96,000 96,000 50,000 23 46,000 96,000 (50,000) 49

28. 110,496,000 30,890,000 29. 696,000 595,000 2,320,000 6,792,000 5,770,000 30. 40,078 29,167 31. 1. 2. 3. 10% 448,468,000 4. 25% 5. 50

31. 6. 28 1.00 7. (i) (ii) (iii) 8. 32. 218,000 355,000 33. 21 586 615 51

34. (i) (ii) (iii) (iv) 14,755,00013,999,000 75,317,00072,420,000 23,500,000 105% Gainnew Group LimitedGainnew Gainnew 22,500,000 60,232,000 52

1.3 3 90,356 4,147 (66,370) (354) 23,986 3,793 73,669 100 10 (76,800) 987 (6,617) (7,586) 4 14,238 (2,706) (3,515) (321) 10,723 (3,027) 5 10,723 (3,027) 4,389 (3,027) 6,334 10,723 (3,027) 6 0.098 (0.079) 0.096 53

7 804 880 8 221,876 215,525 9 9 10 76,800 11 74,750 26,719 297,430 319,924 12 4,000 36,199 13 83,278 14 66,635 72,642 423 50,561 293 371 154,629 159,773 1,666 15,825 12,916 15 8,825 3,545 16 10,928 17 144,231 141,509 179,809 159,636 (25,180) 137 272,250 320,061 43,417 43,417 272,250 276,644 448,468 448,468 (176,218) (184,184) 272,250 264,284 12,360 272,250 276,644 54

374,718 117,480 17,593 157 (252,088 ) 257,860 257,860 73,750 14,750 88,500 88,500 (3,027 ) (3,027 ) (3,027 ) 448,468 132,230 17,593 157 (255,115 ) 343,333 343,333 (1,927 ) (1,927 ) (1,927 ) (24,331 ) (24,331 ) (24,331 ) 636 636 636 8,029 8,029 8,029 (17,593 ) (17,593 ) (17,593 ) (64,039 ) (64,039 ) 12,360 (51,679 ) 448,468 132,230 157 (319,154 ) 261,701 12,360 274,061 2,583 2,583 2,583 448,468 132,230 157 2,583 (319,154 ) 264,284 12,360 276,644 (2,583 ) 2,583 3,577 3,577 3,577 4,389 4,389 6,334 10,723 (18,694 ) (18,694 ) 448,468 132,230 3,734 (312,182 ) 272,250 272,250 55

31,314 (5,375) (30,338) (115,397) (1,054) 125,650 (78) 4,878 371 642 293 5,520 56

57 1. 34 16 2 2. 1 2 7 8 10 12 14 16 18 19 21 23 24 27 32 33 34 36 37 38 39 40 3

(i) 1 2 7 8 10 12 14 16 18 19 21 23 24 27 33 34 37 1 2 7 8 10 12 14 16 18 19 21 23 24 27 33 34 37 (ii) (iii) 40 40 3 36 38 3 36 38 a. b. c. d. 3 (iv) 39 39 58

24 24 24 32 32 32 2,582,400 59

3. (a) 82,176 373 8,180 3,774 90,356 4,147 (4,346 ) (914 ) 14,028 (1 ) 8,355 3,761 18,037 2,846 (3,799 ) (6,539 ) 987 14,238 (2,706 ) (3,515 ) (321 ) 10,723 (3,027 ) 10,723 (3,027 ) 4,389 (3,027 ) 6,334 10,723 (3,027 ) 60

(b) 82,176 373 14,028 (1) 8,180 3,774 4,009 2,847 90,356 4,147 18,037 2,846 987 (3,799) (6,539) 14,238 (2,706) 4. 147 239 76,800 (674) 5. 61

6. 4,389 (3,027) 4,484,683 3,808,641 4,571,035 7. 58,000 8. 9. 650 650 (650) (650) 62

10. 96,000 96,000 (19,200) 76,800 19,200 19,200 (19,200) 76,800 76,800 76,800 11. 12. 90 0 30 680 7,800 31 60 680 16,103 61 90 680 8,276 90 1,960 4,020 4,000 36,199 63

13. Easy Rider Group Limited100% 14. 10 4,902 15. Sourcebase Developments Limited 16. 17. 5.31% 184,676,000 18. 696,000696,000 1,972,000 2,320,000 6,792,000 64

19. 291 20. 2 21. (a) (b) (c) Easy Rider Group Limited203,278,341 83,278,341120,000,000 500,000,000760,000,000 1.4 144,231,000 10,928,000 11,539,000 ERGL 158,375,000 65

184,676,000 65,239,000 1.5 66

3,993,000 19,937,000 15,944,000 24,129,000 125,032,000 138,897,000 295,429,000 163,097,000265,314,000 162,221,000 81.1% 63.6% 20,747,000 6,677,000 4,992,000 160,805,000 15,617,000 0.8 5.3% 2,415,000 19,232,00016,817,000 67

531,000 705,000 24.7% 1,047,000 8.2% 24.66 95.9% 136 68

410 2010 20,747,000 6,677,000 1,715,000 20,174,000 2,000,000 69

0.0114,370,000,000 47,316,000 0.1624,000,000 62,080,000 17,371,000 60,000,000 32,018,000 20 8,136,000 3,850,000 160,960,000 3,993,000 39.3 7,182,000 24,129,000 70.2% 441,365,000 295,429,000257,860,000 258,349,000 49.4% 0.2% 642,000 20,747,000 20,105,000 70

13,675,000 4,992,000 167,699,000 15,617,000 38.0% 152,770,000 2,415,000 62.3 832,000 531,000 56.7% 71

58.4% 86% 7,358,000 1,047,0006.0 4,902 642,000 20,747,000 134,000 539,000 167,699,000 15,617,0003,354,000150,000,000 72

278,858,000 14 8,870,000 8,136,000 122,067,000 160,960,000 24.2% 67,066,000 7,182,000 8.3 47,143,000 19,200,000 723,000 479,697,000 441,365,000261,701,000 257,860,000 8.7% 1.5% 371,000 642,000 271,000 137,000 13,675,000 13,812,000 141,509,000 167,699,000 39.8% 38.0% 73

111,255,000 832,000 132.7 Gainnew 60% 52,500,000 22,500,000 10,812,000 7,358,000 46.9% 32,000,000 4,902 146,000,000 74

152,770,000 371,000 642,000 55,000334,000 141,509,000 167,699,000150,000,000 181,192,000 181,192,000 75

16 7,794,000 8,870,000 90,356,000 4,147,000 20.8 4,389,000 3,027,000 452,059,000479,697,000272,250,000 276,644,000 5.8% 1.6% 293,000 371,000 78,000 25,180,000 137,000 25,317,000 144,231,000 141,509,000 34.3% 82,176,000 373,000 219.3 Gainnew Group LimitedGainnew 60%Gainnew III HK Power Limited 76

52,500,000 22,500,000 76,800,000 4,383,000 8,180,000 3,774,000 116.7% 146,000,000 0 0 77

293,000 371,000 61,000 242,000 144,231,000 141,509,000150,000,000 78

184,676,000 16 3,829,000 4,064,000 1.6 1.7 79

ERGL ERGL Easy Rider Group LimitedERGL ERGL ERGL ERGL ERGL ERGL ERGL Burlingame (Chinese) Investment 100% 10,000 LimitedBCIL 50% 9,000,000 80

ERGL ERGL BCIL ERGL 2 3.340 ERGL EGRL ERGL ERGL 81

ERGL 5 6 25,636,659 10 (945,987) (945,987) (551,824) (20,750) (37,940) (37,940) (1,739,445) (20,750) (983,927) (983,927) 23,345,390 1,770,425 6,814,340 9,263,345 18,512,881 7 1,749,675 5,830,413 8,279,418 41,858,271 9 1,749,675 5,830,413 8,279,418 41,858,271 82

ERGL 10 16,475,937 16,475,937 17,421,924 18,367,911 11 199,703,417 197,932,992 212,798,878 203,535,533 216,179,354 214,408,929 230,220,802 221,903,444 12 37,000,000 13 43,000,000 80,000,000 14 86,750 66,000 33,000 33,000 86,750 66,000 33,000 33,000 (86,750) (66,000) (33,000) 79,967,000 216,092,604 214,342,929 230,187,802 301,870,444 15 158,374,819 158,374,819 180,050,105 260,012,165 158,374,819 158,374,819 180,050,105 260,012,165 57,717,785 55,968,110 50,137,697 41,858,279 16 8 8 8 8 57,717,777 55,968,102 50,137,689 41,858,271 57,717,785 55,968,110 50,137,697 41,858,279 83

ERGL 8 8 41,858,271 41,858,271 8 41,858,271 41,858,279 8,279,418 8,279,418 8 50,137,689 50,137,697 5,830,413 5,830,413 8 55,968,102 55,968,110 1,749,675 1,749,675 8 57,717,777 57,717,785 84

ERGL 1,749,675 5,830,413 8,279,418 41,858,271 945,987 945,987 551,824 (1,770,425) (6,814,340) (9,263,345) (18,512,881) (20,750) (37,940) (37,940) 23,897,214 20,750 33,000 33,000 (4,940) (37,940) 23,930,214 (4,940) (37,940) 23,930,214 22,452,830 (63,161,253) (772,604) (68,290,668) (72,490,466) 37,000,000 (37,000,000) (43,000,000) 43,000,000 21,680,226 80,000,000 (283,942,387) 85

ERGL 8 260,012,165 (21,675,286) (79,962,060) (21,675,286) (79,962,060) 260,012,173 86

ERGL 1. P.O.Box 3321, Road Town, Tortola, British Virgin Islands 2. 2.1 3.340 69,983,812 18,919,735 / 3,499,191 945,987 3 36 3 87

ERGL 2.2 2.3 2.4 2.5 11 2.6 88

ERGL 2.7 2.8 2.9. 2.10 3. (a) (i) 89

ERGL (ii) (b) (c) (d) 4. (a) 10 (b) 5. 6. 22,173,712 3,462,947 25,636,659 7. 20,750 33,000 33,000 33,000 90

ERGL 8. 9. (20,750) (983,927) (983,927) 23,345,390 17.5% 16% (3,631) (172,187) (172,187) 3,735,262 3,631 172,187 172,187 366,603 (4,101,865) 91

ERGL 10. 18,919,735 18,919,735 (2,443,798) 16,475,937 551,824 551,824 945,987 1,497,811 945,987 2,443,798 (2,443,798) 16,475,937 16,475,937 17,421,924 18,367,911 69,983,812 18,919,7353,499,191 945,98717 92

ERGL % 90 10 8 11. 69,063,272 69,063,272 68,290,668 68,290,668 89,931,722 88,161,297 81,346,957 72,083,612 40,708,423 40,708,423 63,161,253 63,161,253 199,703,417 197,932,992 212,798,878 203,535,533 ERGL 3.34017 93

ERGL 11.1 50% 2,200,000 3,000,000 50% 50% ERGL 174,590,457 178,845,348 188,229,844 194,715,883 11,178,226 20,873,747 26,356,506 22,793,211 (27,149,401) (40,708,423) (93,741,441) (97,005,593) (9,628,774) (11,790,589) (11,793,827) (20,715,764) 148,990,508 147,220,083 109,051,082 99,787,737 16,285,752 36,922,143 38,265,116 62,726,956 (14,515,327) (30,107,803) (29,001,771) (44,214,075) 1,770,425 6,814,340 9,263,345 18,512,881 94

ERGL 12. 37,000,000 37,000,000 13. 43,000,000 14. 86,750 66,000 33,000 33,000 15. 158,374,819 158,374,819 180,050,105 260,012,165 95

ERGL 16. 1 50,000 390,000 390,000 390,000 390,000 1 1 8 8 8 8 17. 43,826,583 40,267,054 32,705,400 9,870,635 9,152,871 25,099,132 (25,640,572) 59,434 59,434 59,434 (1,154,325) 1,124,820 59,249,565 852,570 (2,979,694) 1 20 (40,000) (40,000) (40,000) (51,064,077) 2,553,204 2,553,204 1,489,369 55,968,102 50,137,689 41,858,271 18. 19. 96

18 12 Easy Rider Group LimitedERGL ERGL 429 1998 8 97

(i) (ii) (iii) 429(1) 18 12 P01220 98

ERGL 1 99

(a) ERGL 880 880 215,525 215,525 76,800 16,476 93,276 197,933 (4,109) 2(i) 193,824 26,719 26,719 319,924 214,409 530,224 36,199 36,199 50,561 50,561 72,642 72,642 371 (278) 2(ii) 93 159,773 159,495 1,666 1,666 12,916 66 12,982 3,545 83,000 2(ii) 86,545 141,509 141,509 159,636 66 242,702 137 (66) (83,207) 320,061 214,343 447,017 46,000 112,188 2(iii) 158,188 158,375 (158,375) 2 (iv) 46,000 158,375 158,188 274,061 55,968 288,829 448,468 448,468 (186,767) 55,968 (41,200) 2 (v) (171,999) 261,701 55,968 276,469 12,360 12,360 274,061 55,968 288,829 100

(b) ERGL 122,067 122,067 (78,690) (78,690) 43,377 43,377 1,137 1,137 6,956 2(v) 6,956 (47,143) (47,143) (43,474) (43,474) (946) (946) (38) (38) (46,103) (984) (40,131) (8,603) (7,752) 2(vi) (16,355) 6,814 6,814 (54,706) 5,830 (49,672) (54,706) 5,830 (49,672) (12,360) (12,360) (67,066) 5,830 (62,032) 101

(c) ERGL (54,706) 5,830 (48,876) (986) (986) (12) (12) 8,603 7,752 2(vi) 16,355 461 461 19,200 946 20,146 9 9 (6,814) (6,814) 5,474 5,474 47,143 47,143 25,186 (38) 32,900 (9,197) (9,197) 64,951 64,951 1,666 1,666 (45) 33 (12) 82,561 (5) 90,308 102

(c) ERGL (50,000) (50,000) (83,278) 2 (ii) (83,278) 14,699 14,699 18,995 18,995 (8) (8) (30,241) (30,241) 22,453 22,453 (773) (773) (72,642) (72,642) (26,719) (26,719) 12 12 (145,904) 21,680 (207,502) 88,500 88,500 1,082 1,082 (320) (7,752) 2(vi) (8,072) (21,675) (21,675) (26,190) (26,190) 63,072 (21,675) 33,645 (271) (83,549) 642 642 371 (82,907) 103

(c) 1. 32 32 2,704,000 2. ERGL (i) (ii) (iii) (iv) (v) (vi) 4,109,000 193,558,000201,300,0004,574,000 176,617,000 ERGL 16,476,000 BCIL 83,278,341 112,188,000 7,812,000 41,200,000 6,956,000 7,812,000 ERGL55,968,000 7,752,000 104

DTZ Debenham Tie Leung International Property Advisers 1 1. 20 1 296 2. 20 240 105

5 12 106

18 12 MSc., M.H.K.I.S., M.R.I.C.S 13 107

1. 137,000,000 20 1 2 96 2. 57,000,000 20 2 40 194,000,000 108

1. 20 1 2 96 8,59892,549 1 262 1 2 961 63233 15,173.94163,332 74 417,340 15 7 137,000,000 (1) (a) 1 63 10,024.95 3A 3B 3C 3D 3E 3F 4A 4B 4C 4D 4E 4F 6A 6B 6C 6E 6F 7A 7B 7C 7D 7F 8A 8B 8C 8D 8E 8F 9A 9B 9C 9D 9E 10A 10B 10C 10D 10F 11A 11B 11C 11F 12B 12C 12E 12F 13A 13B 13C 13E 13F 14A 14B 14C 14D 14E 14F 15A 15B 15C 15F 21D 23F. (b) 2 33 5,148.99 6E 9A 11A 11B 11C 11D 11E 11F 12C 12D 12E 12F 13B 13C 14B 14C 14D 14F 15D 20B 20C 20D 20E 20F 21B 21C 21D 21E 22B 22D 24D 24E 24F. 109

(2) 9639 (i) (ii) 20 12 (iii) 8,598 (iv) 15,173.94 (v) (vi) (3) 39 91,043,64096 (4) (i) (ii) 20 1 296 15,173.94 (5) 110

2. 20 2 40 8,59892,549 1 262 2 40 6,297.5267,787 12 65,028 26 2 57,000,000 (1) (a) 2 40 6,297.52 3A 3B 3E 3F 4A 4B 4C 4E 5A 5B 5C 5D 5E 5F 6B 6C 6D 6F 7A 7B 7C 7D 9D 9F 10B 12B 13D 15C 16C 16D 17C 17D 18C 22C 23A 23C 23D 23E 24B 24C. (2) 4010 (i) (ii) 20 2 (iii) 8,598 (iv) 6,297.52 (v) (vi) (3) (1) 10 37,785,12040 111

(4) (i) (ii) 20 240 6,297.52 (5) 112

DTZ Debenham Tie Leung International Property Advisers 1 332 3 162 113

5 12 114

18 12 MSc., M.H.K.I.S., M.R.I.C.S 13 115

33 2 3 162 162 6,113.6165,807 19,570,000 (1) 78 84 (2) 0550338 (i) (ii) 33 (iii) 6,113.61 (iv) (v) (3) 15,334,000 (4) (i) (ii) (iii) (iv) 6,113.61 116

(5) 117

18 12 9-99 1. 2. Easy Rider Group Limited ERGL Burlingame (Chinese) Investment Limited BCIL BCIL BCIL 118

3. 4. ERGL BCIL 3,000,000 BCIL BCIL50%:50% 5. i. ii. 119

iii. i. ii. iii. iv. v. vi. vii 4,280 750 viii 15% ix 5,850,000 3% x. 144,000,000 xi. 27% 120

6. 7. BCIL201,300,000 MFin BSc MRICS MHKIS RPS (GP) MFin MHKIS AAPI RPS(GP) 121

BCIL 9-99 1 10,800 100 (1) 30 201,300,000 1. BCILERGL 30 2. BCIL 3. 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 122

3.9 144,000,000 3.10 27% 123

1. 2. (a) 5,000,000,000 500,000,000 4,484,683,140 448,468,314 4,484,683,140 448,468,314 1,200,000,000 120,000,000 5,684,683,140 568,468,314 124

(b) 3. (a) XV XV78 352 750,000,000 (L) 16.72% (L) Sourcebase Developments Limited Sourcebase Developments Limited 100% XV XV78 125

352 (b) (c) (d) 126

4. 10% (a) XV 23 10% Sourcebase 750,000,000 (L) 16.72% Developments 1 Limited 269,520,000 (L) 6.01% 2 1,200,000,000 (L) 26.76% 3 750,000,000 (L) 16.72% 4 (L) 1. Sourcebase Developments Limited 2. Sourcebase Developments Limited 3. 1,200,000,000 1,200,000,000 26.76% 21.11% 127

4. Sourcebase Developments Limited Sourcebase Developments Limited 100% XV23 10% 5. 6. (a) (b) 128

(c) (d) 7. (a) 77,000,000 104,902 (b) 0.12 56,400,000 (c) 0.12 32,100,000 (d) Charter Best Investments Limited 96,000,000Gainnew Group Limited 60% (e) Gainnew Group Limited HK Power Limited HK Power Limited III Gainnew Group Limited 129

(f) Keygold Group Limited Gainnew Group Limited Keygold Group Limited Gainnew Group Limited (g) 70,805,280 (h) 75,317,330 (i) (j) Charter Best Investments Limited HK Power Limited Keygold Group Limited Gainnew Group Limited 52,500,000 22,500,000 8. 9. (a) (b) (c) ERGL 130

(d) (e) (f) (g) (h) (i) (j) (k) 10. (a) (b) (c) 18 12 (d) Canon's Court, 22 Victoria Street, Hamilton, HM 12, Bermuda (e) 1 3 25 (f) A.S. & K Services LtdCanon's Court, 22 Victoria Street, Hamilton, HM 12, Bermuda (g) 131

GUO XIN GROUP LIMITED * 1215 18 12 1. A Easy Rider Group LimitedERGL 1.00ERGL ERGL 2. (1) 2,600,000,000 0.10 500,000,000 5,000,000,000 0.10 760,000,000 7,600,000,000 0.10 * 132

3. 18 12 Canon s Court 22 Victoria Street Hamilton HM12 Bermuda 1. 2. 0.10 3. 48 1 3 25 4. 133