00161 2,163,031 2,195,127 963,389 945,168 957,198 774,812 12,615,901 12,965,842 2,321,871 2,321,920 3,734,550 3,175,032 4,896,189 4,853,629 7 1,832,862 1,778,825 606,351 604,151 652,231 670,315 390,799 331,343 31,134,372 30,616,164 1
5,997,261 5,794,711 630,550 777,822 7 13,876,714 13,040,885 2,832,296 2,284,105 204,145 4,385 464,005 327,132 8,490,501 11,780,904 32,495,472 34,009,944 63,629,844 64,626,108 1,166,162 1,166,162 1,512,380 1,512,380 2,781,674 2,781,674 1,267,170 1,234,425 5,027,367 4,845,122 11,754,753 11,539,763 12,957,883 12,801,353 24,712,636 24,341,116 2
11,514,911 10,221,222 797,863 802,870 1,030,943 1,281,023 102,921 200,998 8 85,873 52,354 443,371 379,244 48,255 91,010 14,024,137 13,028,721 8 15,378,083 17,082,183 638,705 737,526 8,394,215 8,772,371 15 3,122 110,083 207,568 11,970 15,865 360,000 437,636 24,893,071 27,256,271 38,917,208 40,284,992 63,629,844 64,626,108 3
6 14,663,812 15,810,970 (12,165,964) (13,107,698) 2,497,848 2,703,272 (880,948) (949,503) (1,452,339) (1,404,115) 400,768 315,563 11,327 (13,009) 9 576,656 652,208 274,081 185,900 (519,756) (526,320) (245,675) (340,420) 186,726 24,786 517,707 336,574 10 (107,861) (63,200) 409,846 273,374 (118,353) 409,846 155,021 4
182,245 (45,419) 227,601 200,440 409,846 155,021 182,245 (38,494) (6,925) 182,245 (45,419) 11 0.15 (0.04) (0.01) 0.15 (0.05) 11 0.09 0.09 5
409,846 155,021 55,705 (204,750) 55,705 (204,750) 465,551 (49,729) 214,518 (224,875) 251,033 175,146 465,551 (49,729) 214,518 (218,017) (6,858) 214,518 (224,875) 6
1,110,632 1,294,633 2,781,674 683,289 3,778,032 9,648,260 8,769,837 18,418,097 (45,419) (45,419) 200,440 155,021 (179,456) (179,456) (25,294) (204,750) (179,456) (45,419) (224,875) 175,146 (49,729) 4,847 4,847 (6,032) (6,032) 55,530 217,747 273,277 273,277 (113,486) (113,486) 55,530 217,747 273,277 (114,671) 158,606 1,166,162 1,512,380 2,781,674 503,833 3,732,613 9,696,662 8,830,312 18,526,974 1,166,162 1,512,380 2,781,674 1,234,425 4,845,122 11,539,763 12,801,353 24,341,116 182,245 182,245 227,601 409,846 32,273 32,273 23,432 55,705 32,273 182,245 214,518 251,033 465,551 40,000 40,000 (6,905) (6,905) 472 472 6 478 (127,604) (127,604) 472 472 (94,503) (94,031) 1,166,162 1,512,380 2,781,674 1,267,170 5,027,367 11,754,753 12,957,883 24,712,636 7
(1,506,720) 634,546 (423,197) (511,463) (190,300) (211,063) (2,120,217) (87,980) 19,361 98,311 2,637 7,750 (9,860) (10,250) (34,000) (15,300) (32,096) (214,367) (1,742,467) (979,601) (2,200) (330,000) (200,000) 35,398 271,586 (428,712) 162,122 129,622 257,668 194,294 (1,543,437) (1,276,667) 8,668,863 10,829,947 (8,568,415) (7,840,048) 2,079,823 3,629,175 (1,873,943) (4,030,075) 273,277 (6,540) (6,032) 20,000 4,847 (55,089) (6,986) 264,699 2,854,105 (3,398,955) 1,489,458 11,780,904 4,828,610 108,552 (27,081) 8,490,501 6,290,987 8
1 H EPC 25 2 34 3 4 9
5 5.1 5.2 5.3 4,145 200,000 204,145 714,405 714,405 4,145 914,405 918,550 15 15 15 15 10
4,385 4,385 604,151 604,151 4,385 604,151 608,536 3,122 3,122 3,122 3,122 6 FPD PCB EPC 11
4,922,742 5,074,073 258,720 257,860 PCB 2,042,751 1,594,592 138,840 30,158 1,469,081 1,673,028 64,755 77,852 (a) 1,709,820 1,686,399 161,307 53,390 4,196,051 5,476,651 (164,509) (45,053) 323,367 306,227 (49,267) (100,833) 14,663,812 15,810,970 409,846 273,374 215,019 (118,353) 14,663,812 16,025,989 409,846 155,021 (a) 40,075,000 22,928,000 751,000 24,906,000 12
7 8,075,191 7,753,155 (159,699) (154,650) 7,915,492 7,598,505 4,499,403 4,629,901 195,067 295,218 2,041,127 1,388,527 821,166 574,131 21,771 29,762 8,000 47,120 178,714 226,188 28,836 30,358 15,709,576 14,819,710 (143,850) (5,564) (129,251) (176,244) (1,530,925) (1,566,659) (28,836) (28,484) (1,874) (1,832,862) (1,778,825) 13,876,714 13,040,885 7,016,338 6,819,205 521,655 533,507 178,931 194,121 358,267 206,322 8,075,191 7,753,155 (159,699) (154,650) 7,915,492 7,598,505 13
8 6,885,610 8,494,093 495,137 613,113 1,749,679 1,555,344 4,181,981 3,170,880 202,845 106,286 93,619 21,104 52,048 200,493 1,526,870 2,817,874 276,167 155,350 15,463,956 17,134,537 (85,873) (52,354) 15,378,083 17,082,183 6,265,919 7,802,339 360,304 501,024 252,791 135,416 6,596 55,314 9 6,885,610 8,494,093 42,518 (3,504) 16,587 25,664 22,968 15,330 70,195 114,372 716,995 813,242 1,535 (1,564) (7,687) 14
10 25% 15%15% 92,814 128,134 15,047 (64,934) 107,861 63,200 11 (a) 182,245 (45,419) (13,908) (13,908) 168,337 (52,402) (6,925) 168,337 (59,327) 1,149,427 1,132,108 0.15 (0.04) (0.01) 15
(b) 182,245 1,149,427 801,635 1,951,062 0.09 12 16
13 802,550 35,000 44,000 870,000 582,800 6% 176,000 53,900 536,580 17,180 3,118,010 17
729,450 22,650 550,000 6% 176,000 53,900 1,532,000 14 (a) 34,544 4,676,448 656,274 11,050 523,255 4,687,498 1,214,073 18
37,535 55,485 (b) 115,523 82,679 105,258 113,561 27,951 31,323 248,732 227,563 15 71.43% 28.57% (a) 826 128 799,907 572,147 420 21,191 92 130 25,652 14,856 826,897 608,452 19
323,143 381,588 333 8 75 323,151 381,996 2,787 2,787 10,787 20,828 10,787 20,828 11,006 448,616 158,523 118 3,567 22,607 17,948 2,977 482,347 183,015 291,541 22,255 12 9 566 1,576 293,138 22,821 12,208 71,731 14,887 5,763 33.93% 33.93% 2,495 2,447 29,590 79,941 20
(b) 193,230 568,866 178,153 182,279 39,455 47,433 5,500 1,240 20,300 431,138 805,318 6,002 10,870 5,784 11,786 10,870 14,521 86,881 60,000 881 35,000 49,521 147,762 1,490,907 841,858 49,338 37,918 714 37,375 156 7,099 943 32 1,541,147 925,193 41,692 99,086 12,299 23,230 8,941 10,500 2 535 200 16 2,284 65,418 133,367 21
241,037 530,910 24,024 4,569 245,606 554,934 178,972 199,148 30,595 4,780 343 209,910 203,928 1,185 1,185 819,375 1,210,000 25,000 100,000 2,986,523 2,309,360 10,418 16,076 3,841,316 3,635,436 385,005 385,005 1,134,280 1,224,280 1,519,285 1, 609,285 22
20.81% (FPD) 92.99% PCB 37.15% 100% 73.87% 69.77% 100% 100% 100% 100% 23
90% 60% 100% 14,663,812,00015,810,970,0007.3% 182,245,000 45,419,000227,664,000 24
PCB 6,965,493,0006,668,665,000 4.5%397,560,000288,018,000 38.0% (FPD) 6 (LTPS TFT-LCD)(CF) LTPS (AM-OLED) AM-OLED PCB PCB PCB 25
1,469,081,0001,673,028,00012.2% 64,755,00077,852,000 16.82% 2016 4,196,051,0005,476,651,000 23.38%164,509,000 45,053,000 119,456,000 StenaRORO 3100 Ro- Pax 15 1050 10 1 26
(EPC) EPC KHD 1,709,820,0001,686,399,000 1.39% 161,307,00053,390,000 202.13% 40,826,000 1726 27
AM-OLED AM-OLEDVR G6 AM-OLED PCB PCB PCB 28
KHD Humboldt Wedag International AG 29
8,490,501,000 11,780,904,000 8,394,215,00011,514,911,000 8.4% 30
1,136,451,000 26,056 48,735 5,700 39,760 35,195 46,412 20,399 536,191 79,511 3,066 295,426 1,136,451 31
80.56%84.03% 1,736,764,0001,780,077,000 1,061,913 470,000 2,987 351 17,610 5,633 472,141 1,247,400 37,988 13,380 1,592,639 1,736,764 32
XV 571 XV7 8 352 10 37,523 41,0582,035,380,000 1,998,910,000 33
802,550 35,000 44,000 870,000 582,800 6% 176,000 53,900 536,580 17,180 3,118,010 34
Tang Energy Group Limited Soaring Wind Energy, LLC. International Arbitration Tribunal 100,000,000 40,000,000 35
40% 20% 40% 5% 25% 70,000,000 35,000,000A 32.86A 2,300,000,000A A A 50% 36
90,000,000 100,000,000 118,000,000 5%14A 37
15,000,000 35,000,000 15.3% 14.7% 6% 64% 2,000,000,000 2,200,000,000 2,500,000,000 38
60,000,000 60,000,000 60,000,000 25% 75% 14 5%14A 39
35,000,000 40,000,000 45,000,000 (i)5,000,000 5,000,000 5,000,000 (ii) 75,000,000 80,000,000 85,000,000 (i)5,000,000 5,000,000 5,000,000(ii) 60,000,000 60,000,000 60,000,000 (i)(ii)(iii) 14A 0.1%5% 14A 40
(i) (ii) 150,000,000 180,000,000 200,000,000 200,000,000 300,000,000 400,000,000 3,000,000,000 3,200,000,000 3,500,000,000 3,500,000,000 4,000,000,000 4,500,000,000 120,000,000 150,000,000 200,000,000 1 35,000,000 38,000,000 40,000,000 160,000,000 200,000,000 220,000,000 120,000,000 150,000,000 160,000,000 1,200,000,000 1,300,000,000 1,500,000,000 4,500,000,000 5,000,000,000 5,000,000,000 80,000,000 90,000,000 90,000,000 300,000,000 350,000,000 350,000,000 41
3,000,000,000 3,500,000,000 4,000,000,000 15,000,000,000 18,000,000,000 22,000,000,000 200,000,000 230,000,000 280,000,000 500,000,000 600,000,000 800,000,000 1,000,000,000 1,200,000,000 1,500,000,000 1. 32,000,000 35,000,000 40,000,000 42
5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 43.40% 14A 0.1%5%14A 20,000,000 20,000,000 30,000,000 43
15.3% 14.7% 6% 64% A.2.1 10 44
9 45