Yangzhou Guangling District Taihe Rural Micro-finance Company Limited 150,000,000H H 1.34H 1.201%0.0027% 0.005% H C

Project Victory_Cover_OL_18mm_C.pdf 1 2017/4/18 下午10:10

Yangzhou Guangling District Taihe Rural Micro-finance Company Limited 150,000,000H H 1.34H 1.201%0.0027% 0.005% H 1.0 8252 32 342C 1.341.20 www.hkexnews.hkwww.gltaihe.com H

www.hkexnews.hk

(1) www.hkeipo.hk (2)(4)... (2)... (2)(3)... (2)(4)... (2)... (5)... www.hkexnews.hk www.gltaihe.com (6)... 11.... www.tricor.com.hk/ipo/result...

HH (7)(8)... (8)... H... (1) www.hkexnews.hkwww.gltaihe.com (2) 10. (3) 6. (4) www.hkeipo.hk (5) (6)

(7) H(i) (ii) (8) 1,000,000 H18322 H H 1,000,000 HH 14.H 1,000,000H H 13.14. H

HH H

H www.gltaihe.com......... i ii vi... 1... 16... 26... 27... 29... 50... 52... 57... 61... 63

... 75... 90... 101... 150... 167... 182... 193... 195... 198... 201... 243... 248... 257... 261... I-1......... II-1 III-1 IV-1... V-1... VI-1... VII-1

29 Ipsos Ipsos 11.12% 6.23%96 1,0619.0% A AA (i)(ii) 12,000 3,000,000 1,454,0001,514,0001,467,000 98.195.974.5 17.9%15.0%13.4% 17.9%16.5%12.7% 528.6619.5 599.4

104 (i) (ii)oa 107 Ipsos629 5950 (P2P) (i)(ii) (iii)(iv)(v) Ipsos

98,107 95,947 74,495 (1,433) (1,442) (596) 96,674 94,505 73,899 1,555 849 2,374 74 (20,802) (17,647) (22,593) (249) 361 453 77,252 78,068 54,133 (9,759) (16,666) (13,653) 67,493 61,402 40,480 98.1 2.2%95.9 95.922.4% 74.5(i) (ii) (iii) 67.59.0% 61.4 25% 61.4 34.1%40.5

217 22,018 418 3,553 504,255 597,092 580,544 3,501 2,869 1,484 3,089 5,602 4,709 3,812 4,678 7,661 536,675 610,659 597,951 8,000 3,677 7,161 5,670 9,098 10,196 11,498 12,775 25,357 17,168 523,900 585,302 580,783 224 77,252 78,068 54,133 1,728 1,471 1,415 (1,555) (849) (2,374) (74) (1,429) (1,037) (1,199) 224 1,433 1,442 596 77,579 79,095 52,571 140,433 (26,487) 60,009 26.5 91.0

220 (1) 12.4% 11.1% 6.9% (2) 11.8% 10.7% 6.7% (3) 94.0% 97.8% 97.1% (4) 1.3% (1) 100% (2) 100% (3) 100% (4) 100% 427 427 424 528,551 619,501 599,381 504,255 597,092 580,544 776,420 905,429 679,025 534 598 463 (1) 900 (1) 10,960 279 310 316 1,454 1,514 1,467 20 3,000 20 3,000 12 3,000 258 250 296 (2) 17.9% 15.0% 13.4% (3) 17.9% 16.5% 12.7% (4) 18.9% 16.3% 12.6% 68.8% 64.0% 54.3% 124,780 15,750 3,000 70,029 35,355 6,736 (5) 13.2% 5.7% 1.1% (6) 3.4% 5.1% 6.7%

(7) 14,258 46,785 10,069 (8) 2.7% 7.6% 1.7% (9) 17,884 13,298 9,981 (10) 3.4% 2.1% 1.7% (11) 9.7% 100.0% (12) 10.6% 78.9% 10.6% 74.3% (1) 0.1%1.4%(i) (ii) (iii) (2) (3) (4) (5) (6) (7) (8) (9) 28(a) (10) (11) (b) (12) 100% 77.8% 124.8 15.83.016.1%1.7%0.4% 70.035.46.7 13.2%5.7%1.1% 2.7%7.6%1.7%

130 350 499381 13.1%9.1%7.6% 3.2%2.0%1.8% % % % 0.5 14,866 2.7 12,623 2.0 10,275 1.8 14,946 2.8 13,255 2.2 8,470 1.4 29,812 5.5 25,878 4.2 18,745 3.2 0.5 1 36,971 7.0 23,832 3.9 34,935 5.8 18,634 3.5 13,126 2.1 5,549 0.9 55,605 10.5 36,958 6.0 40,484 6.7 1 2 108,500 20.5 295,243 47.6 368,303 61.4 39,949 7.6 31,439 5.1 17,288 2.9 148,449 28.1 326,682 52.7 385,591 64.3 2 3 200,596 38.1 163,533 26.4 105,337 17.6 94,089 17.8 66,450 10.7 49,224 8.2 294,685 55.9 229,983 37.1 154,561 25.8 528,551 100 619,501 100 599,381 100

(1) 199 293 40 11 19 7 1 210 312 47 (2) 69 143 300 71 44 34 3 3 3 140 187 334 350 499 381 (1) (2) % % % 119,489 22.6 99,412 16.0 75,352 12.5 409,062 77.4 520,089 84.0 524,029 87.5 528,551 100 619,501 100 599,381 100 % % % 114,778 21.7 58,519 9.4 48,188 8.0 149,088 28.2 329,131 53.1 340,815 56.9 56,560 10.7 52,017 8.4 60,349 10.1 22,631 4.3 8,030 1.3 20,561 3.4 17,876 3.4 47,534 7.7 48,937 8.2 360,933 68.3 495,231 79.9 518,850 86.6 26,027 4.9 20,346 3.3 23,004 3.8 28,045 5.3 36,767 5.9 17,750 3.0 56,630 10.7 36,183 5.8 16,754 2.8 24,841 4.7 11,930 1.9 50 0.0 32,075 6.1 19,044 3.2 22,973 3.8 167,618 31.7 124,270 20.1 80,531 13.4 528,551 100 619,501 100 599,381 100

28.2%53.1%56.9% % % % 360,933 68.3 495,231 79.9 518,850 86.6 167,618 31.7 124,270 20.1 80,531 13.4 128,110 24.2 101,171 16.3 77,466 12.9 528,551 100 619,501 100 599,381 100 (a) 30.0 61.440.5 (b) 34.2 79.152.6 146 1. 70% 2. 70%

3. 3 70% 4. (i)3% 3% 5%(ii) 10% 5. 6. 7. 8. 3 1.5 9. 20 10. 60% 60% 141

OA OA162OA 150 450 98.1 95.974.5 45.040.0 20.0 10.020.0 13.0 7.5 131 H

29 53.38%42.20% 40.03%31.65% 48.67%26.33%15%10% 33.33%16.67% 16.67%16.67%16.67% 182 90 153.8 (a) 67 113.1 23 40.7 90 153.8

(b) 77 136.5 13 17.3 13 17.3 90 153.8 6.00%4.35%

45.0 I-1 H 1.20 H 1.34 (1) 720,000,000 804,000,000 1.16 1.19 (2) 1.31 1.34 (1) 600,000,000 (2) II-1 1.27 50.2 32.018.2 26.0 6.0

240 140.31.27 90%126.3 10%14.0 243 105.245.0 30% 239

40.03%

622 32

E.1. 1.0 GDP www.hkeipo.hk

www.hkeipo.hk H H 1.0 Ipsos Ipsos LimitedIpsos Ipsos Ipsos

31.65% H H 10% 51% 10%10%9%

40.03%16.67% 31.65% 15.00% 40.03%33.33% 40.03%16.67% 40.03%16.67% 1%0.0027% 0.005% 150,000,000H

S S

571 H 14 6

8% 60%8%8%8%8% %

100% IT OA 501.0 5.050300 5.0200.0

H H (i)(ii)(iii) H

68.3%79.9%86.6%

17.9 13.310.03.4%2.1%1.7%

68.3%79.9%86.6% 149.1329.1340.8 28.2%53.1%56.9% 31.7%20.1%13.4%

60.1%56.3%68.4% 70.035.4 6.713.2%5.7%1.1%

50% 100% (i)(ii) (iii)(iv) (v) 24.322.418.8 4.6%3.6%3.1% 135.9%168.5%188.7%

26.5 91.0 90%

Ipsos 8,67359 (P2P) P2P P2PP2P

9 39 9939 9 39 9

9 9 39 939 3.1 9 939 IT OA OA IT C. 2.

200,000

105.245.0

H

H H H H5N1H7N9(H1N1) H

H HH HH H (i)h(ii)h (iii)h H H HH HH (a)(b)(c) (d)(e) HH 73.35% HHHH HH HHH H

HH H H H HH HH H HH H H HH H 90%

HH HH [1993]045 [2011]348H 5.0%20.0%10.0%H 20.0%A. H H20.0% H H 10.0% H H 10.0% A. HH H

H H H H H H H

11.075.14 5.14 5.141 (a) (b) (c) 5.142 (a) (b) (c) 5.15 (d)

5.14 5.15 5.141 5.142 5.14 2 5.1411.07 5.142 5.142

(i) (ii) (iii) H

H H 11.23(7) 25%150,000,000H 25% H 44B(1)H HH HH HH 18322H HH

H HH H HH H H HH2,000 H HH HH H

H H HH HH H (i) (ii) (iii) H (iv) 1.001.1289

18 16504 318 21303 71 125 1702

38 56102 86 B 18205 199 B 8204 22403 69 3404

183 353501-73513-14 183 353501-73513-14 199 26 2603-06 183 252511 183 191908 811 99 121 198 23A

22 12 6 100022 39 1010 1202-1204 200031 1 22 Ipsos Limited 77 22 20

28 18 www.gltaihe.com 1008 (HKICS, ICSA) 28 18 18 1008 183 353501-73513-14

H 183 22 B6 20

Ipsos IpsosIpsos Ipsos Ipsos 618,000 Ipsos87 16,000Ipsos Ipsos(i) (ii)ipsos IpsosIpsos Ipsos Ipsos IpsosIpsos IpsosIpsos IPSOS IpsosIpsos

IPSOS Ipsos IpsosIpsos Ipsos 4,2828,67315.2% Ipsos8,673 Ipsos10,180 Ipsos 8,234 3,915 9,27318.8% 0.7% 0.9% Ipsos 49.974.9 10.7% Ipsos

* 311 1555 Ipsos Ipsos (i)(ii) (CP1)(iii)(iv) IpsosGDP6.8% CPI1.7% Ipsos Ipsos 629832 5981 Ipsos656 62 750 600 450 300 327 485 573 631 636 629 644 648 652 656 150 0 36 44 56 67 65 59 60 61 61 62 Ipsos 8051,147 12.5%43 10132.9%

1,147 10195986 Ipsos 1,178111 Ipsos 5.97.9% 8.5 0.2 0.30.6

Ipsos IpsosGDP49,110 76,0909.2%IpsosGDP 7.5%8.3% GDP6.0%6.9% GDP4,450 10.7%GDP2,630 4,45011.1% (i)(ii) (iii)(iv) 959 86 20 0.4%19.0%

2014 3,000,000 Ipsos 8,673

Ipsos 5.9%4.7 5.926.7 197 22 Ipsos 62959

(i)(ii)(iii) (iv) P2P (P2P)IpsosP2P P2P P2P P2P(i) (ii) IpsosP2PP2PP2P P2PP2P P2P P2P(i) (ii) (iii)p2p P2P Ipsos 5 10

50% 50% AAA 100% (a) () % 1. A 127.6 1.72 2. B 110.3 1.49 3. C 107.6 1.45 4. 95.9 1.29 5. D 82.8 1.12 Ipsos

() % 1. 95.9 11.12 2. E 75.0 8.69 3. F 58.0 6.73 4. G 56.3 6.53 5. H 38.5 4.47 Ipsos (b) % 1. B 1,000.0 1.12 2. A 633.0 0.71 3. I 600.0 0.67 4. J 500.0 0.56 4. K 500.0 0.56 4. L 500.0 0.56 4. M 500.0 0.56 4. E 500.0 0.56 9. N 465.0 0.52 10. 450.0 0.50 Ipsos % 1. E 500.0 5.73 2. 450.0 5.16

% 3. O 279.5 3.20 4. F 250.0 2.87 5. P 250.0 2.87 Ipsos (c) % 1. A 949.6 0.90 2. N 822.9 0.78 3. 597.1 0.56 4. B 585.6 0.55 5. K 529.3 0.50 6. E 515.0 0.49 7. F 445.9 0.42 8. M 434.4 0.41 9. I 418.4 0.39 10. G 329.0 0.31 Ipsos % 1. 597.1 6.23 2. E 515.0 5.37 3. F 445.9 4.65 4. G 329.0 3.43 5. O 289.5 3.02 Ipsos

20% 25% 50% 49% 49% GB4754-2011

5 10 10% 50% (i)24% (ii)24%36%

(iii) 36% 5% 100% (1)

(2) 50 2-200 50 3020 65

(i)(ii) 65

50 50 18% 70% 70% 70% 70% 2014 3,000,000

3% 3%5% 10% 50% 30% 35% 30 60% A 80%

50% AAAAAABBBBBBCCCCCCAAAC (i)(ii)(iii) C (I) 1. 40 2. 57 3. 19 4. 15 5. 23

6. 6 7. 20 8. 20 200 (II) 1. 25 2. 35 3. 20 80 (III) C 181 AAAA

(i) AAAAA 100%(ii) A80%(iii) BBBBBB50% CCC (i) AAA100% (ii) AA50%(iii) A40%(iv) BBB 20%BB (ii)(i) AAA 100%100%(ii) AAA 80%80%(iii) BBBBB50% 50%B (i) AAA 50%(ii) AA40%(iii)A30%BBB

137 200,000

15 12 25%

6%

5003,000 10,000 50,000

(i)(viii) (i)(ii)(iii)137(iv) (v)(vi) (vii) (iii) (i) (ii)(iii)

60 60163.6 163.6260 260450 A

AA 60 (%) 30,600 51.00

(%) 23,000 38.32 6,000 10.00 100 0.17 100 0.17 100 0.17 100 0.17 60,000 100 60103.6 163.6 260 (%) 155,150 59.67 60,000 23.07

(%) 7,700 2.96 4,000 1.54 700 0.27 2,000 0.77 2,000 0.77 700 0.27 500 0.19 500 0.19 100 0.04 1,200 0.46 400 0.15 200 0.08 100 0.04 100 0.04

(%) 33 24,650 9.48 260,000 100 260450 (%) 236,600 52.58 90,000 20.00 13,000 2.89 6,000 1.33 2,600 0.58

(%) 2,000 0.44 100 0.02 1,200 0.27 850 0.19 400 0.09 5,500 1.22 2,000 0.44 700 0.16 700 0.16 2,000 0.44 150 0.03 700 0.16 40 0.01 400 0.09 100 0.02 350 0.08 200 0.04

(%) 100 0.02 100 0.02 85 84,210 18.72 450,000 100 (%) 240,200 53.38 90,000 20.00 13,000 2.89 4,000 0.89 2,600 0.58 2,100 0.46

(%) 100 0.02 1,200 0.27 850 0.19 400 0.09 5,500 1.22 2,000 0.44 700 0.16 700 0.16 2,000 0.44 150 0.03 700 0.16 40 0.01 400 0.09 100 0.02 350 0.08 200 0.04 100 0.02 100 0.02 80 82,510 18.34 450,000 100

(%) 240,200 53.38 189,900 42.20 10,000 2.22 4,500 1.00 2,600 0.58 2,100 0.47 700 0.15 450,000 100

450,000,0004.5

1. 2.

Ipsos Ipsos 11.12% 6.23%96 1,0619.0% A AA 12,000 3,000,000

12 96,674 94,505 73,899 98,107 95,947 74,495 (1,433) (1,442) (596) 67,493 61,402 40,480 536,675 610,659 597,951 504,255 597,092 580,544 523,900 585,302 580,783 450,000 450,000 450,000 776,420 905,429 679,025 534 598 463 279 310 316 258 250 296 (1) 17.9% 15.0% 13.4% (2) 17.9% 16.5% 12.7%

70,029 35,355 6,736 (3) 13.2% 5.7% 1.1% (4) 14,258 46,785 10,069 (5) 2.7% 7.6% 1.7% (6) 17,884 13,298 9,981 (7) 3.4% 2.1% 1.7% (1) (2) (3) (4) (5) (6) 28(a) (7) (OA) OA OA

350499381 12,000 3,000,000 1.51.51.5 528.6 619.5599.4 AA

AAA100%BBBBB B50% 450Ipsos A AA OA OA 3.4%2.1% 1.7%

30 12 8

OA (i)(ii) 12

12 328.5 231.7205.3266.8 173.4133.861.7 58.371.5 17.9% 15.0%13.4%17.9%16.5%12.7%

12,000 3,000,00012 427 427 424 528,551 619,501 599,381 504,255 597,092 580,544 776,420 905,429 679,025 534 598 463 (1) 900 (1) 10,960 279 310 316 1,454 1,514 1,467 203,000 203,000 123,000 258 250 296 (2) 17.9% 15.0% 13.4% (3) 17.9% 16.5% 12.7% (4) 18.9% 16.3% 12.6% 68.8% 64.0% 54.3% 124,780 15,750 3,000

70,029 35,355 6,736 (5) 13.2% 5.7% 1.1% (6) 3.4% 5.1% 6.7% (7) 14,258 46,785 10,069 (8) 2.7% 7.6% 1.7% (9) 17,884 13,298 9,981 (10) 3.4% 2.1% 1.7% (11) 9.7% 100.0% (12) 10.6% 78.9% 10.6% 74.3% (1) 0.1%1.4%(i) (ii) (iii) (2) (3) (4) (5) (6) (7) (8) (9) 28(a)

(10) (11) (b) (12) 100% 77.8% 124.815.8 3.016.1%1.7%0.4% 70.035.46.7 13.2%5.7%1.1% 1112511131610 (a) (i)(ii) % % % 261,719 49.5 446,112 72.0 465,628 77.7 266,832 50.5 173,389 28.0 133,753 22.3 528,551 100 619,501 100 599,381 100

534598463347454359187144104 (b) (i)(ii)(iii) % % % 360,933 68.3 495,231 79.9 518,850 86.6 167,618 31.7 124,270 20.1 80,531 13.4 128,110 24.2 101,171 16.3 77,466 12.9 528,551 100 619,501 100 599,381 100 387 503 395 147 95 68 81 88 67 534 598 463

172,917 412,781 430,103 121,685 14,551 31,396 66,331 67,899 57,351 360,933 495,231 518,850 (1) 360,933 495,231 518,850 360,933 495,231 518,850 129,571 5,028 3,016 231,362 490,203 515,834 360,933 495,231 518,850 (2) 176,584 88,272 99,863 144,529 42,389 65,937 32,055 45,883 33,926 184,349 406,959 418,987 360,933 495,231 518,850 (1) (2)

212 393 313 122 31 19 53 79 63 387 503 395 8 379 503 395 387 503 395 157 41 4 230 462 391 387 503 395 201 138 96 171 86 43 30 52 53 186 365 299 387 503 395

(i) (ii) 129.6 5.03.0 35.9%1.0%0.6%30% 176.688.399.9 48.9%17.8%19.2% (i)(ii)

139.035.760.6 51,482 9.7 9,039 1.5 15,039 2.5 33,383 6.3 7,038 1.1 15,039 2.5 30,969 5.9 6,536 1.1 11,429 1.9 12,066 2.3 6,536 1.1 10,026 1.7 11,061 2.1 6,536 1.1 9,056 1.5 138,961 26.3 35,685 5.9 60,589 10.1 76.4%81.4%96.2%

27,550 19,076 30,644 129,806 97,149 46,871 10,262 8,045 3,016 167,618 124,270 80,531 66,941 54,294 25,435 91,628 65,654 50,069 9,049 4,322 5,027 167,618 124,270 80,531 8 13 17 133 79 48 6 3 3 147 95 68

60 32 23 83 57 40 4 6 5 147 95 68 70% 70% 50% (1) % % % 10.6-69.5 20.6-69.0 56.0 (2) 16.423.2 16.229.6 14.923.4 9.7100.0 (3) 10.678.9 10.674.3 (2) 35.648.8 35.646.0 35.146.0

(1) (2) (3) 100% 77.8% (c) % % % 0.5 14,866 2.7 12,623 2.0 10,275 1.8 14,946 2.8 13,255 2.2 8,470 1.4 29,812 5.5 25,878 4.2 18,745 3.2 0.5 1 36,971 7.0 23,832 3.9 34,935 5.8 18,634 3.5 13,126 2.1 5,549 0.9 55,605 10.5 36,958 6.0 40,484 6.7 1 2 108,500 20.5 295,243 47.6 368,303 61.4 39,949 7.6 31,439 5.1 17,288 2.9 148,449 28.1 326,682 52.7 385,591 64.3 2 3 200,596 38.1 163,533 26.4 105,337 17.6 94,089 17.8 66,450 10.7 49,224 8.2 294,685 55.9 229,983 37.1 154,561 25.8 528,551 100 619,501 100 599,381 100

(d) % % % 2,009 0.4 2,009 0.4 1,514 0.3 5,537 0.9 12,806 2.2 4,159 0.8 3,645 0.6 6,111 1.0 5,673 1.1 9,182 1.5 18,917 3.2 338,505 64.0 487,459 78.7 505,459 84.3 120,816 22.9 89,769 14.5 68,519 11.4 459,321 86.9 577,228 93.2 573,978 95.7 18,905 3.6 2,235 0.4 585 0.1 42,643 8.0 30,856 4.9 5,901 1.0 61,548 11.6 33,091 5.3 6,486 1.1 528,551 100 619,501 100 599,381 100

(e) (1) 199 293 40 11 19 7 1 (2) 210 312 47 69 143 300 71 44 34 3 3 3 140 187 334 350 499 381 (1) (2)

(f) % % % 114,778 21.7 58,519 9.4 48,188 8.0 149,088 28.2 329,131 53.1 340,815 56.9 56,560 10.7 52,017 8.4 60,349 10.1 22,631 4.3 8,030 1.3 20,561 3.4 17,876 3.4 47,534 7.7 48,937 8.2 360,933 68.3 495,231 79.9 518,850 86.6 26,027 4.9 20,346 3.3 23,004 3.8 28,045 5.3 36,767 5.9 17,750 3.0 56,630 10.7 36,183 5.8 16,754 2.8 24,841 4.7 11,930 1.9 50 0.0 32,075 6.1 19,044 3.2 22,973 3.8 167,618 31.7 124,270 20.1 80,531 13.4 528,551 100 619,501 100 599,381 100 28.2%53.1%56.9%

60% (i) (ii)(iii) 100,000

500,000 500,000 12 (i)

(ii) (i) (a) 12,0003,000,000 12 4.35%18%

(b) (c) (ii) (a)

100,00020,000,000 (b) (c)

350499381 % % % 36 10.3 43 8.6 26 6.8 314 89.7 456 91.4 355 93.2 350 100 499 100 381 100 % % % 23,305 4.4 22,048 3.6 16,925 2.8 21,355 4.0 18,494 3.0 14,425 2.4 35,740 6.8 30,270 4.8 15,877 2.6 23,408 4.4 13,886 2.2 15,542 2.6 15,681 3.0 14,714 2.4 12,583 2.1 119,489 22.6 99,412 16.0 75,352 12.5

% % % 117,498 22.2 56,816 9.2 54,267 9.1 155,779 29.4 347,405 56.0 344,140 57.5 77,451 14.7 57,931 9.4 61,226 10.2 24,064 4.6 6,074 1.0 5,069 0.8 34,270 6.5 51,863 8.4 59,327 9.9 409,062 77.4 520,089 84.0 524,029 87.5 528,551 100 619,501 100 599,381 100 13.1%9.1% 7.6%3.2%2.0%1.8% 5% (a) (b)

(c) (d) 450 7.5 100% 50%40%

45.040.0 20.0 0.30.7 0.1 0.60.20.1 10.020.0 13.0 0.1 0.70.6

% % % 442,365 83.7 570,454 92.1 588,991 98.2 68,302 12.9 35,749 5.8 409 0.1 14,156 2.7 9,322 1.5 5,092 0.9 3,728 0.7 3,197 0.5 1,790 0.3 779 0.1 3,099 0.5 528,551 100 619,501 100 599,381 100

428 (1) 3.4% 2.1% 1.7% 17,884 13,298 9,981 528,551 619,501 599,381 (2) 135.9% 168.5% 188.7% (3) 24,296 22,409 18,837 17,884 13,298 9,981 (4) 4.6% 3.6% 3.1% 14,258 46,785 10,069 528,551 619,501 599,381 (5) 2.7% 7.6% 1.7% (1) (2) (3)

(4) (5) 17.913.310.0 3.4%2.1%1.7% 4.6% 3.6%3.1% 14.346.810.1 2.7%7.6%1.7% 14.3 46.83.4% 2.1%1.7%

Ipsos Ipsos 62959 Ipsos 50 Ipsos P2PP2P P2P

31 4 12 4 3 8 31

C. 2.

A AA 2,224.51 1,530.9

0.60.60.6 15% 32L6(2) 34(2)342(1)(b) OA OA IT

(1) 3 100% 70%

(2) 77.6% 87.5% 70% 87.3% (3) 3 3 99.6%100.0%100.0% 70% (4) (i) 3% 2.6%2.3%2.6% 3% 5.2%4.7%2.6% 5%(ii) 10% (5) 4 (i)500,000 18%(ii)500,000 15% 18% (i)500,000 4(ii) 500,000 18% 4

500,00018.0% 15% (1) 500,000500,000 18% 22.4% 21.4% 20.4% 19.4% 18.4% 17.4% 500,000 (1) 18.0% 18.0% 18.0% 18.0% 18.0% 17.4% 500,000 (1) 18.0% 18.0% 18.0% 18.0% 18.0% 17.4% 500,000 (2) 13.7% 13.0% (1) (2) 500,000

(6) (i) A 1 80%40% 30% 80% 80% (ii) AA (1) 100%50% 40% 80% 80% (A) 30,000 (B) 40,000 35,000 35,000 (C) 6,000 (D) 45,000 35,000 35,000 (E) 2 471,744 543,733 552,018 (F) 450,000 450,000 450,000 (G) 240,200 AE(%) 6.36 BE(%) 8.48 6.44 6.34 (CF) (%) 1.33 (CG) (%) 2.50 DE(%) 9.54 6.44 6.34

(1) A AA (2) (7) 13.2 (8) 0.9 3 1.5 (9) 450 20 (10) 60% 60%

500,000 AA A i. ii. OA OA

iii. iv. v.

OA OA 4 11 (i) (ii) 5.015.0211.06 5.015.02 11.06

17.1517.18 (i) (ii) 19.04(8) 20.86 19.07(1) 8%17.1517.18 3% 5% 17.15 17.18

(i)(ii)(iii)(iv)(v) OA

500,00018 500,000 18 20 9 11 4

12

100,000

500,000 500,000 500,000 500,000

500,000 500,000 100,000 100,000 (b) (i)(ii) (iii)

15 1,000,000 (i) (ii)(iii)(iv) (v)

14.346.810.1 2.7%7.6%1.7%

3.533.587,570 9.830.924,600 3.5 4.2 12 13.2%5.7% 1.1% 1112511131610

500,000 OA

OA OA OA OA OA

OA OA

OA OA (1) 70% (2) 70% (3) 70% (4) 3% 5% (5) 10% (6) 500,000 (7) 500,000 (8) 500,00018% (9) 10060 (10) (11) 30%

OA OA OA 100,000 OA OAOA OA OA OA OA 15 OAOA OA OA

OA 200,000 200,000 (a) (b) (c) (d)

68 41 38 42 45

54 66 37 68

(i) (ii)

(iii) 41 18 ( 601328.SH)

38 20 42

45 14 ( 601288.SH) 54 34

66 35 37 14 8237.hk

1673.hk 17.50(2)(h)(v)

67 31 37 67

31 37 17.50(2)(h)(v)

41 38 32 32 1280.HK

44 SW Corporate Services Group Limited 1260 1265 720 2016 1543 1579 1635.HK600635.SH 6122 32 5.28 C.3

5.34 B.1 A.5 946,2331,038,6621,018,506

274,048541,304549,570 890,7121,382,407 1,207,355 1,028,442 209,128 6A.19 6A.23 (1) (2) (3) (4) H 17.10

40.03%31.65% 48.67%26.33%15%10% 33.33%16.67%16.67%16.67%16.67% 10% 8% 51%10% 10%9%

60%8%8% 8%8% 115,000,000 200,000,000 12

3,000,000 10,000,000 Ipsos Ipsos (i) (ii) (iii) (iv)

11.04 (1)(2) 10%(3) (2)(3) 10% 10%

30 30 30 30 (i) (ii) 30

30

(i) (ii) (iii) (i) 30% (ii) HH

(a) (b) (c) (d) (e)

(a) (b) (c) (d)

7.5 23 (i) (ii) (iii)

48.67%26.33% 15%10% 20.07

1,530.9 1 500,000 525,000 551,250 474,805 500,000525,000 3,000,000 5%

XV23 10% (1) 240,200,000 53.38% (L) (2) 189,900,000 42.20% (L) (3) 430,100,000 95.58% (L) (4) 430,100,000 95.58% (L) 189,900,000 42.20% (L) (1) LXV (2) 48.67%26.33% 15%10% (3) 33.33%16.67%16.67%16.67% 16.67% (4)

XV23 10% (1) (2) (3) 240,200,000 53.38% 40.03% (L) (4) 189,900,000 42.20% 31.65% (L) (5) 430,100,000 95.58% 71.68% (L) (6) 430,100,000 95.58% 71.68% (L) 189,900,000 42.20% 31.65% (L) (1) LXV (2) (3) 600,000,000 (4) 48.67%26.33% 15.00%10.00%

(5) 33.33%16.67%16.67%16.67% 16.67% (6) XV23 10%

450,000,000450,000,000 1.00 600,000,000 (%) 450,000,000 (1) 75 150,000,000 H 25 100 (1) HH 11.23(7)(9) (i) 25%(ii) 25% 15%30 HH H

H H H H HH H H HH

HH HH(a)H HHH(b)H H H H 15

Ipsos 12,0003,000,000 12 96.794.5 73.9 67.561.4 40.5 504.3597.1 580.5

98,107 95,947 74,495 (1,433) (1,442) (596) 96,674 94,505 73,899 1,555 849 2,374 74 (20,802) (17,647) (22,593) (249) 361 453 77,252 78,068 54,133 (9,759) (16,666) (13,653) 67,493 61,402 40,480

22,018 418 3,553 504,255 597,092 580,544 3,501 2,869 1,484 3,089 5,602 4,709 3,812 4,678 7,661 536,675 610,659 597,951 8,000 3,677 7,161 5,670 9,098 10,196 11,498 12,775 25,357 17,168 523,900 585,302 580,783 140,433 (26,487) 60,009 (992) (839) (30) (138,420) 5,726 (56,844) 1,021 (21,600) 3,135 20,997 22,018 418 22,018 418 3,553

GDP

Ipsos 49.974.9 0.20.3

6.00 4.35% 13.4% 17.4%4.0% 100% 50%40% 450.0 580.8 523,900 585,302 580,783 8,000 (1) 1.4%

(1) 8.0 OA OA 3.4%2.1%1.7%

24.3 22.418.84.6%3.6% 3.1% Ipsos629 59Ipsos 50 (P2P)

34

16 98,107 95,947 74,495 (1,433) (1,442) (596) 96,674 94,505 73,899 1,555 849 2,374 74 (20,802) (17,647) (22,593) (249) 361 453 77,252 78,068 54,133 (9,759) (16,666) (13,653) 67,493 61,402 40,480

(1) 97,495 95,732 74,401 37 20 8 575 195 86 98,107 95,947 74,495 960 35 438 1,442 596 1,433 1,442 596 96,674 94,505 73,899 (1) 1.41.01.2

511,455 580,859 584,541 (1) 17.9% 16.5% 12.7% (1) 511.5580.9 584.5 17.9%16.5%12.7% 6.00 4.35%

(i)(ii) % % % 46,722 47.9 58,851 61.5 52,581 70.7 50,773 52.1 36,881 38.5 21,820 29.3 97,495 100 95,732 100 74,401 100 1.4 1.40.6 8.0 17,660 12,521 5,046 (1) 8.1% 11.5% 11.8% (1) 96.794.573.9

1.60.82.4 2,866 3,932 3,660 3,464 3,282 1,025 1,728 1,471 1,415 569 593 577 1,493 1,464 2,424 413 474 119 911 1,431 1,483 7,680 2,420 8,274 1,678 2,580 3,616 20,802 17,647 22,593 13.8%22.3%16.2% 3.53.3 1.016.7%18.6%4.5% 3%

7.7 393 476 1 394 476 (15) (10) (23) (10) (10) (224) (13) (249) (33) (23) (249) 361 453 0.2 0.40.5 25% 9.816.713.7 12.6%21.3%25.2%

67.561.440.5 95.9 22.4%74.5 (i)16.5% 12.7%(ii) 580.90.6%584.5 (i) 5.60%5.35% 4.35%(ii) (iii) 1.4 0.6 12.5 5.0 0.82.4

17.6 28.0%22.6 5.91.0 2.3 16.7 18.1%13.7 6.4 3.4 25% 12.5%25% 21.3%25.2% 61.434.1% 40.5 98.1 2.2%95.9 17.9%16.5% 511.5 13.6%580.9 6.05.6 4.35% 1.4

17.7 12.5 8.1%11.5% 1.60.8 20.8 15.2%17.6 5.31.1 0.9 0.4 0.2 0.4 0.2 9.8 70.8%16.7 25% 12.6%21.3%

67.59.0% 61.4 12 140,433 (26,487) 60,009 (992) (839) (30) (138,420) 5,726 (56,844) 1,021 (21,600) 3,135 20,997 22,018 418 22,018 418 3,553

(i) (ii) (iii) 60.0(i)54.1 2.4 1.41.20.6 (ii)20.1 1.30.2(iii) 14.3 26.5(i)78.1 1.5 0.81.41.0 (ii)91.0(iii) 15.7 140.4(i)77.3 1.7 1.61.41.4 (ii)48.1 22.82.5(iii) 10.6 48.1(i)46.3

(ii)1.2 14 29,812 0.8

1.0 56.8(i)45.0 (ii)41.0(iii) 3.2(iv)0.7 33.0 5.760.0(i) 52.0(ii)1.4(iii) 0.9 138.4(i)105.2 (ii)92.5(iii)1.6(iv) 1.6 62.5

22.00.43.6 22,018 418 3,553 7,282 504,255 597,092 580,544 579,610 3,501 2,869 1,484 2,364 3,089 5,602 4,709 4,813 3,812 4,678 7,661 8,952 536,675 610,659 597,951 603,021 8,000 3,677 7,161 5,670 2,968 9,098 10,196 11,498 13,510 12,775 25,357 17,168 16,478 523,900 585,302 580,783 586,543

523.9 585.3 92.821.6 8.03.5 580.8 16.5 45.0 (i)3.1(ii) 3.0(iii) 8.0 586.5(i) 3.7(ii)1.3(iii) 2.72.0 1,520 115 1,509,101 689 14,553 20,507,355 416,715 3,538,274 22,017,976 417,519 3,552,827 22.0 0.43.6

% % % 360,933 68.3 495,231 79.9 518,850 86.6 167,618 31.7 124,270 20.1 80,531 13.4 128,110 24.2 101,171 16.3 77,466 12.9 528,551 100 619,501 100 599,381 100 528.617.2% 619.5 619.53.2% 599.4 45.0 68.3%79.9%86.6% % % % 2,009 0.4 5,673 1.1 9,182 1.5 18,917 3.2 459,321 86.9 577,228 93.2 573,978 95.7 61,548 11.6 33,091 5.3 6,486 1.1 528,551 100 619,501 100 599,381 100

% % % 1,343 9.4 1,625 3.5 87 0.9 10,192 71.5 40,027 85.5 963 9.5 2,723 19.1 4,354 9.3 6,504 64.6 779 1.7 2,515 25.0 14,258 100 46,785 100 10,069 100 528,551 619,501 599,381 (1) 2.7% 7.6% 1.7% (1) 14.3 46.810.12.7% 7.6% 1.7%

428 528,551 619,501 599,381 (6,726) (6,113) (6,158) (17,570) (16,296) (12,679) (24,296) (22,409) (18,837) 504,255 597,092 580,544 7,506 19,773 27,279 648 (2,203) (1,555) (1,428) (1,428) 6,726 17,570 24,296 425 (1,274) (849) (1,038) (1,038) 6,113 16,296 22,409 1,243 (3,617) (2,374) (1,198) (1,198) 6,158 12,679 18,837

(%) (%) (%) 442,365 10,340 2.3 570,454 12,555 2.2 588,991 12,636 2.1 68,302 7,230 10.6 35,749 3,741 10.5 409 43 10.5 14,156 4,567 32.3 9,322 3,451 37.0 5,092 1,960 38.5 3,728 2,159 57.9 3,197 1,883 58.9 1,790 1,099 61.4 779 779 100.0 3,099 3,099 100.0 528,551 24,296 619,501 22,409 599,381 18,837 (1) 56 2,454 3,311 6,535 (2) 1,302 1,367 1,126 3,812 4,678 7,661 (1) (2)

3.84.77.7 2.5 3.3 6.5 3.77.25.7 414 716 581 5,463 5,242 5,378 3,221 4,238 5,539 9,098 10,196 11,498 9.110.2 1.0 10.211.5 1.3

7.5 45.040.0 20.0 0.30.70.1 10.020.0 13.0 0.10.7 0.6 8,000 8.0

(1) 12.4% 11.1% 6.9% (2) 11.8% 10.7% 6.7% 94.0% 97.8% 97.1% (3) (4) 1.3% (1) 100% (2) 100% (3) 100% (4) 100% 12.4% 11.1% 6.9%(i) 50%25% (ii) 11.8% 10.7% 6.7%

94.0%97.8%97.1% 1.3% 519 575 603 600 601 51 607 50 51 61 154 1,726 1,287 859 1.10.8 29,812

28

507,174 572,717 589,312 3,493 33,486 88 17,884 13,298 9,981 528,551 619,501 599,381

12 22,016 22,016 14,258 104,499 454,466 573,223 1,302 1,302 23,318 14,258 104,499 454,466 596,541 3,396 25 3,421 3,396 25 3,421 23,318 14,258 104,499 451,070 (25) 593,120

12 417 417 46,785 92,953 525,683 665,421 1,367 1,367 1,784 46,785 92,953 525,683 667,205 8,261 8,261 37 4,588 25 4,650 8,298 4,588 25 12,911 1,784 46,785 84,655 521,095 (25) 654,294 12 3,553 3,553 10,069 157,327 472,821 640,217 1,126 1,126 4,679 10,069 157,327 472,821 644,896 6,012 10 6,022 6,012 10 6,022 4,679 10,069 157,327 466,809 (10) 638,874

+50 110,082 2,087 17,764-50 (110,082) (2,087) (17,764)

8,000 22,018 418 3,553 (22,018) 7,582 (3,553) 450,000 450,000 450,000 64,622 71,445 75,493 9,278 63,857 55,290 523,900 585,302 580,783 501,882 592,884 577,230 (1) 1.3% (1) (1) 105.245.0 (i)(ii)10% (iii)(iv)

10% 50% 30% 9.363.955.3 50.2 32.0 18.226.0 6.0

23 900,000 18% 11.0 7.5 9% 8.0 17.1517.21 17.1517.21 7.31

(1) (2) (3) (4) (4) H1.20 580,783 115,396 696,179 1.16 1.31 H1.34 580,783 133,112 713,895 1.19 1.34 (1) (2) H1.201.34 (3) (4) 600,000,0001.00 1.1289

(%) 5.7 47.5 19.1 72.3 51.5 9.1 9.1 6.5 18.1 18.1 12.9 6.6 6.0 12.6 9.0 5.4 3.0 5.8 14.2 10.1 11.1 84.3 30.9 126.3 90.0 0.8 2.7 2.7 2.7 2.6 2.5 14.0 10.0 11.9 87.0 33.6 2.7 2.6 2.5 140.3 100

105.245.0

30% H H1.27 140.3 90%126.3 10%14.0

10.0 10.0

(i) H(ii) (iii) (a) (i)

(ii) (iii) (i)(ii) (iv) (v) (vi) (vii) (viii) (ix)

(x) (a) (b) (c) (d) (b) (c) (d) (e) (f)

(g) (h) (i) (j) (i) H (ii) 17.2917.29 13.16A(1) (a) (b) (a)

(a) 13.16A(1) (a) (i) (ii) (iii) (b) (i) (ii) (iii) 30% 13.19 (a) 13.18(1)155 (b) (i) (a)

(b) (c)(a) (b)(d) (a)(b)(c)(a)(b)(c) (ii) (i)(a)(b)(c) 30% (i)(a)(b)(c)

(i) (ii) (iii) (i)(ii) (iv) (i)(ii)(iii) (i)(ii)(iii) (i)(ii)(iii)

(a) 12 (b) (a) (a) (b)

3.5% 1.0% 1.27 1.201.34 50.2 6A.07 18.03 11.23 25%

H 150,000,000 25% 150,000,000H 100% 75,000,00050% 5.0 75,000,000 50%5.0 100.5

75,000,000 1.341.20 1%0.0027% 0.005% www.hkexnews.hk www.gltaihe.com 1.34 2,000 2,707.00 1.34

www.hkexnews.hkwww.gltaihe.com www.hkexnews.hkhttp:www.gltaihe.com (a) H

(b) (c) 30 www.hkexnews.hk www.gltaihe.com H HH H H H HH2,000H H8252

1. www.hkeipo.hk 2. 18 S (i) (ii)

3. (i)(ii) www.hkeipo.hk (i) (ii) (i) 183 353501-73513-14 199 26 2603-06

183 252511 183 191908 811 99 121 198 23A (ii) 125A 22-28 1-3 136 1 N118 81

10. 4. (i) (ii) (iii) (iv) (v)

(vi) (vii) H (viii) (ix) (x) (xi) (i) (ii)s S902(h)(3) (xii) (xiii) (xiv) H H H (xv) (xvi)

(xvii) (xix)(i) (ii) 5. 2. www.hkeipo.hk www.hkeipo.hk24 10.

40 40 342E 6. 2979 7888 (https://ip.ccass.com) 8 1 H

(i) (ii) H

H 40

(a) (b) (c) H 2,0002,000

(1) (1) (1) (1) (1) 24 10. 40 40 342E

H 7. (i)(ii) 8.

9. 2,000 2,000 www.hkeipo.hk 10.

11. www.gltaihe.com www.hkexnews.hk www.gltaihe.com www.hkexnews.hk 24www.tricor.com.hk/ ipo/result 852 3691 8488

12. (i) 40342E (ii) (iii) H

(iv) 50% 13. 1.34 14. H H H

HH (i) (ii) HH H H HHH (i) 1,000,000 HH 18322 H H 1,000,000H

(ii) 1,000,000 1,000,000 H 11. (iii) 1,000,000 H H H18322 H 1,000,000H

(iv) H H 11.

15. H HH H H

1 22 II2

3.340 II2

I. 1. II 5 98,106,624 95,946,699 74,494,708 5 (1,433,392) (1,441,724) (595,772) 5 96,673,232 94,504,975 73,898,936 14 1,554,822 849,254 2,373,700 19 74,368 6 (20,802,023) (17,647,340) (22,592,609) 7 (248,680) 361,493 453,284 77,251,719 78,068,382 54,133,311 10 (9,759,166) (16,666,299) (13,652,623) 67,492,553 61,402,083 40,480,688 12 0.15 0.14 0.09 0.15 0.14 0.09

2. II 13 22,017,976 417,519 3,552,827 14 504,254,678 597,091,619 580,544,326 15 3,501,413 2,869,283 1,483,786 16 3,088,731 5,602,308 4,709,204 17 3,811,748 4,678,164 7,660,783 536,674,546 610,658,893 597,950,926 18 8,000,000 3,676,787 7,161,309 5,669,546 20 9,097,610 10,195,352 11,498,460 12,774,397 25,356,661 17,168,006 21 450,000,000 450,000,000 450,000,000 22 64,622,170 71,444,907 75,492,976 9,277,979 63,857,325 55,289,944 523,900,149 585,302,232 580,782,920 536,674,546 610,658,893 597,950,926

3. 450,000,000 40,477,627 11,882,808 5,512,480 53,733,649 561,606,564 67,492,553 67,492,553 6,749,255 (6,749,255) II.11 (105,198,968) (105,198,968) 450,000,000 40,477,627 18,632,063 5,512,480 9,277,979 523,900,149 61,402,083 61,402,083 6,140,208 (6,140,208) 682,529 (682,529) 450,000,000 40,477,627 24,772,271 6,195,009 63,857,325 585,302,232 40,480,688 40,480,688 4,048,069 (4,048,069) II.11 (45,000,000) (45,000,000) 450,000,000 40,477,627 28,820,340 6,195,009 55,289,944 580,782,920

4. II 77,251,719 78,068,382 54,133,311 15 1,727,588 1,471,384 1,415,309 14 (1,554,822) (849,254) (2,373,700) 19 (74,368) 5 (1,428,490) (1,037,684) (1,198,719) 223,830 5 1,433,392 1,441,724 595,772 77,578,849 79,094,552 52,571,973 22,828,190 (90,950,003) 20,119,712 48,125,517 722,018 241,236 2,532,244 341,491 1,327,815 151,064,800 (10,791,942) 74,260,736 (10,631,325) (15,695,354) (14,251,282) 140,433,475 (26,487,296) 60,009,454 (1,067,308) (839,254) (29,812) 75,040 (992,268) (839,254) (29,812)

II 62,500,000 60,000,000 33,000,000 (92,500,000) (52,000,000) (41,000,000) (1,583,392) (1,382,494) (655,002) (105,198,968) (45,000,000) (1,638,113) (891,413) (3,189,332) (138,420,473) 5,726,093 (56,844,334) 1,020,734 (21,600,457) 3,135,308 20,997,242 22,017,976 417,519 13 22,017,976 417,519 3,552,827

II 1. [2008]47 [2012]77 300.481260 91330200711192037M 2.

3. 3.1 2 2 4 4 9 2 9 2 10 4 12 28 15 2 15 15 2 16 3 7 1 12 1 40 2 22 2 1 2 3 4 9 399 9

9 9 939 9 9 39 9 39

39 9 9 9 9 9 15 15 15 1515 15 3.2

410 0% 10%-25% 510 0% 10%-20%

(a) (b)

(i)(ii)

(a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a) (i) 4.

5. 97,494,641 95,731,380 74,401,083 37,137 20,067 7,666 574,846 195,252 85,959 98,106,624 95,946,699 74,494,708 960,000 23(c) 34,545 438,847 1,441,724 595,772 1,433,392 1,441,724 595,772 96,673,232 94,504,975 73,898,936 14 1,428,490 1,037,684 1,198,719

6. 2,865,824 3,932,068 3,660,037 (i) 3,463,913 3,281,998 1,025,216 15 1,727,588 1,471,384 1,415,309 568,552 593,483 576,355 1,493,250 1,464,063 2,424,098 412,594 474,350 118,912 910,655 1,431,471 1,482,478 7,680,003 2,420,186 8,273,940 1,679,644 2,578,337 3,616,264 20,802,023 17,647,340 22,592,609 (i) 5% [2009]1323% [2016]36 7. 393,100 476,200 1,200 394,300 476,200 (14,850) (10,040) (22,916) (10,000) (10,000) (223,830) (12,767) (248,680) (32,807) (22,916) (248,680) 361,493 453,284

8. 383(1)(a)(b)(c)(f) 2 500,002 500,002 102,000 15,325 117,325 1 72,000 12,382 84,382 55,636 10,391 66,027 47,084 10,422 57,506 52,711 10,386 63,097 47,777 10,117 57,894 877,210 69,023 946,233 1

500,000 500,000 150,000 56,996 206,996 120,000 47,154 167,154 1 1 1 2 6,855 1,643 8,498 2 5,743 1,745 7,488 102,385 39,161 141,546 3 3 4 4 5,376 1,604 6,980 890,359 148,303 1,038,662 1 2 3 4

500,000 500,000 150,000 61,314 211,314 120,000 49,128 169,128 1 2 111,889 26,175 138,064 881,889 136,617 1,018,506 1 2 9. 8 175,800 552,204 245,577

1,000,000 2 3 2 10. 9,407,899 19,179,876 12,759,519 16 351,267 (2,513,577) 893,104 9,759,166 16,666,299 13,652,623 77,251,719 78,068,382 54,133,311 (i) 9,656,465 19,517,096 13,533,328 (119,050) (98,275) 102,701 237,934 336,620 (3,088,731) 9,759,166 16,666,299 13,652,623

(i) 25% [2009]132 50% 25% 11. 105,198,968 45,000,000 12. 67,492,553 61,402,083 40,480,688 (i) 450,000,000 450,000,000 450,000,000 0.15 0.14 0.09

(i) 450,000,000 450,000,000 450,000,000 450,000,000 450,000,000 450,000,000 13. 1,520 115 1,509,101 689 14,553 20,507,355 416,715 3,538,274 22,017,976 417,519 3,552,827 14. 528,550,849 619,500,852 599,381,140 (24,296,171) (22,409,233) (18,836,814) 504,254,678 597,091,619 580,544,326

360,933,345 495,231,418 518,850,072 167,617,504 124,269,434 80,531,068 528,550,849 619,500,852 599,381,140 (24,296,171) (22,409,233) (18,836,814) 504,254,678 597,091,619 580,544,326 7,505,973 19,773,510 27,279,483 649,015 (2,203,837) (1,554,822) 5 (1,428,490) (1,428,490) 6,726,498 17,569,673 24,296,171 424,148 (1,273,402) (849,254) 5 (1,037,684) (1,037,684) 6,112,962 16,296,271 22,409,233 1,244,141 (3,617,841) (2,373,700) 5 (1,198,719) (1,198,719) 6,158,384 12,678,430 18,836,814

15. 1,048,563 381,770 5,866,951 7,297,284 280,227 787,081 1,067,308 (442,780) (442,780) 605,783 661,997 6,654,032 7,921,812 202,654 636,600 839,254 (33,895) (33,895) 605,783 830,756 7,290,632 8,727,171 29,812 29,812 605,783 860,568 7,290,632 8,756,983 281,227 82,342 2,473,152 2,836,721 141,204 86,544 1,499,840 1,727,588 (143,910) (143,910) 278,521 168,886 3,972,992 4,420,399 96,924 123,353 1,251,107 1,471,384 (33,895) (33,895) 375,445 258,344 5,224,099 5,857,888 96,924 138,859 1,179,526 1,415,309 472,369 397,203 6,403,625 7,273,197 327,262 493,111 2,681,040 3,501,413 230,338 572,412 2,066,533 2,869,283 133,414 463,365 887,007 1,483,786

16. (a) 24,296,171 3,037,021 22,409,233 5,602,308 18,836,814 4,709,204 413,678 51,710 24,709,849 3,088,731 22,409,233 5,602,308 18,836,814 4,709,204 (b) 3,409,936 9,296 20,766 3,439,998 10 (372,915) (9,296) 30,944 (351,267) 3,037,021 51,710 3,088,731 10 2,565,287 (51,710) 2,513,577 5,602,308 5,602,308 10 (893,104) (893,104) 4,709,204 4,709,204 17. 56,250 2,454,200 3,311,220 6,535,076 1,301,298 1,366,944 1,125,707 3,811,748 4,678,164 7,660,783

18. 8,000,000 13.0%13.5% 23(e) 19. 74,368 (74,368) 20. 413,678 715,599 581,333 5,463,464 5,242,097 5,378,112 3,220,468 4,237,656 5,539,015 9,097,610 10,195,352 11,498,460

21. 450,000,000 450,000,000 450,000,000 22. 10%50% 25% [2009]1 1% 682,529

23. (a) 142,650 900,00018% (b) 120,000 (c) 34,545 7,500,000 9% (d) 474,805 500,000 525,000

500,000525,000 5% (e) 8,000,000 (f) 10,480,000 480,000 10,960,000 (g) 1,018,574 1,205,816 1,187,634 8

24. 25. 26. 11 518,750 574,643 602,585 22 600,000 600,893 51,335 33 607,500 49,643 51,335 3 62,054 154,005 1,726,250 1,287,233 859,260 27. 22,016,456 417,404 3,552,827 504,254,678 597,091,619 580,544,326 1,301,298 1,366,944 1,125,707 527,572,432 598,875,967 585,222,860

8,000,000 3,420,933 4,650,084 6,021,925 3,420,933 12,650,084 6,021,925 28. (a)

507,173,193 3,493,325 17,884,331 528,550,849 572,716,335 33,486,078 13,298,439 619,500,852 589,312,390 87,570 9,981,180 599,381,140

3 312 1 510,666,518 507,173,193 1,335,075 2,158,250 606,202,413 572,716,335 1,624,798 31,861,280 589,399,960 589,312,390 87,570 (b)

+50 110,082 2,087 17,764-50 (110,082) (2,087) (17,764) (c) 3 312 15 22,016,456 22,016,456 14,257,656 104,499,242 454,466,390 573,223,288 1,301,298 1,301,298 23,317,754 14,257,656 104,499,242 454,466,390 596,541,042 3,395,933 25,000 3,420,933 3,395,933 25,000 3,420,933 23,317,754 14,257,656 104,499,242 451,070,457 (25,000) 593,120,109

3 312 15 417,404 417,404 46,784,517 92,952,989 525,682,809 665,420,315 1,366,944 1,366,944 1,784,348 46,784,517 92,952,989 525,682,809 667,204,663 8,261,055 8,261,055 37,233 4,587,851 25,000 4,650,084 8,298,288 4,587,851 25,000 12,911,139 1,784,348 46,784,517 84,654,701 521,094,958 (25,000) 654,293,524 3 312 15 3,552,827 3,552,827 10,068,750 157,327,051 472,821,339 640,217,140 1,125,707 1,125,707 4,678,534 10,068,750 157,327,051 472,821,339 644,895,674 6,011,925 10,000 6,021,925 6,011,925 10,000 6,021,925 4,678,534 10,068,750 157,327,051 466,809,414 (10,000) 638,873,749

(d) [2013]103 100% 250% 8,000,000 22,017,976 417,519 3,552,827 (22,017,976) 7,582,481 (3,552,827) 450,000,000 450,000,000 450,000,000 64,622,170 71,444,907 75,492,976 9,277,979 63,857,325 55,289,944 523,900,149 585,302,232 580,782,920 501,882,173 592,884,713 577,230,093 1.28%

29. 30. 31. 243,950,000 160,000,000 III

A. 7.31 1 2 3 4 4 H1.20 580,783 115,396 696,179 1.16 1.31 H1.34 580,783 133,112 713,895 1.19 1.34 1 2 3 4 H1.201.34 600,000,0001.00 1.1289

B. 1 22 II-1 H 7.31 7 1

7.31(7) 3420 7.31 7 H

(a) (b) (c) 7.31(1)

A. 20% [1993] 045H 5%20% 10% 10%20% 20% 10% 10% H H 10%

25%5% 25%10% H 10%

25% 5%5% 6% B. H H 16.5%15%H H

H H0.1%H 0.2% 5.00H 10 2005 H

15

1.

2285155

2200 35% 30 3015 50%

30 (i) (ii) (iii)

15% H (20)(5) (i)(ii)(iii) (iv) 30

5% (1) (1) 25% (1)

10%

2045 20 5% 20 50% 50%

151

20

10% 50% 25%

10% 10% (1)(2)(4)(5)15 1060 3045

H H H

(i)(ii)(iii)h

2. (1) (i) (ii) 30

30% (iii) 25% (iv) (v)

(i) (ii) (iii)(iv) (i)12 20%(ii) 15(iii) (vi) (vii)

(viii) 1801% 30 (ix) 10%

(x) 20 30 4520 142121 (xi) 2050% 50% (xii) (xiii) 20

21 (xiv) (xv) 29 (xvi) 237 668674

(xvii) (xviii) 10% 50% (xix) (xx) (xxi) (xxii) 30 60 30

(2) (i) (ii) (iii)

(iv) 25% 50,000,000 15%10,000,000,000 15%25% (v) (vi) HH 10% (vii) (viii)

(ix) (1) (2) 12 20% 20%15 (x) (1)(2) (xi)

(xii) H (xiii) H H (xiv) H H

H (xv) (xvi) H

(xvii) (xviii) H (xix) (3)

(4) (5)

1. (1) (2) (3)

(4) (i) (ii) (iii) (i) (ii)

(i) (ii) (iii) (iv) (v) (5) (i) (ii) (iii) (iv)

(v) (vi) (6) (7) (i) (ii)

(iii) (iv) (8) (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) (ix)

1% (9) (a) (b)

2. 3. (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) (ix)

(x) (xi) (xii) (ii)(viii) (xi)(xii) (i) (ii) (iii) 45 20

(i) 12 20% (ii) 15 (iii) 4. 5.

6. 7. (1) 20 21 4 (i) (ii) 60 120

(2) (i) (ii) (iii) 2

(iv) (i) (ii) 14 (ii) 8.

(i) (ii) (iii) 10% (iv) (v) 45 20 3% 10 2 20

(i) (ii) (iii) (iv) (v) (vi) (vii) (viii) 4550 (i) (ii)

(iii) (iv) (v) (i) (ii) (iii) (iv) (v) 30% (vi) 9. (a) (b) (c)

(d) (e) (f) (g) 30 10. (i) (ii) (iii) (iv) (v) (i)(iii) (i) (ii)(iv)

(iii)5% (i) (ii) (iii) (i) (ii)

(iii) (iv) 11. (i) (ii) 12. (i) (ii) (iii)

2424 13. (i) (ii)(iii) (ii)

(iii) 14. 3. 15. (i) (ii) (iii)

16. (i) (ii) (iii) (iv) (v) (vi) (vii) 10% (i)(v) (iii) (iv) 12

(i) (ii) (iii) (iv) (v) (vi) (vii) 30

17. (1) 30 (2) (i) (ii) (iii) (iv) 30

3045 (3) (i) (ii) (iii) (iv) (v) (vi) (vii) (4) (i) (ii) (iii) (iv)

(v) (vi) (vii) (viii) (ix) (x) (xi) (xii) (vi)(vii)(xi) 414 (5)

(6) 3 3 (i) (ii) (iii) (iv) (v) (vi) 151 (vii)

(7) (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) (8) (i) (ii) (iii) (iv)

(9) (i) (i)(ii) (ii) (iii) (i) (iv)

A. 1. 281816 2. 60,000,000 3. (a) (b) 1.00HH150,000,000 H25% (c) HH

B. C. 1. (a) (b) (c) 2. 1 303123594 36 2 303123585 36

1 15028573 36 gltaihe.com D. 1. XV(a) XV78 (b) 352H (c)h (1) (2) (3) (4) 430,100,000 95.58% 71.68% (L)

(1) LXV (2) (3) 600,000,000 (4) 40.03% 33.33%16.67%16.67%16.67%16.67% (1) 33.33% (2) 16.67% (1) 16.67% (1) 16.67% (1) 33.33% 16.67%16.67%16.67%16.67% (2) 2. XV23

10% (1) (2) (3) 240,200,000 53.38% 40.03% (L) (4) 189,900,000 42.20% 31.65% (L) (5) 430,100,000 95.58% 71.68% (L) (6) 430,100,000 95.58% 71.68% (L) 189,900,000 42.20% 31.65% (L) (1) LXV (2) (3) 600,000,000 (4) 48.67%26.33% 15.00%10.00% (5) 33.33%16.67%16.67%16.67% 16.67% (6)

3. (a) (3)(b) 25.4125.42 4. 946,2331,038,6621,018,506 8 1,028,442 209,128

5. 6. 23 7. (a) XV 23 10% (b) XV XV78 352 (c) (d)

(e) (f) 5% E. 1. (a) (b) (c) (i) (ii)

(iii) (iv) (iv) (i) (ii) 2. 3. 4. 5. 6A.07 6,500,000

H H 6. 573,406.20 7. Ipsos Limted 14 6 8. 9. 44A44B 10. 32L 4

11. (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) 12.

13. 35

1. 2. 14 22 (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) Ipsos

Project Victory_Cover_OL_18mm_C.pdf 1 2017/4/18 下午10:10