GEM GEM GEM GEM GEM GEM GEM

GEM GEM GEM GEM GEM GEMGEM

2 3 5 11 16 23 33 46 51 52 54 55 57 112

88 8 801-805 71 12 1203 88 35 1 1 Conyers Trust Company (Cayman) Limited Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 183 22 Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 9 3 3 301A www.lapco.com.hk 08472 2

1.5 3

CEPA Noble Sovereignty Capital Group LimitedNoble Sovereignty https://www.senbit.cc GEM 4

(a) (b) (c) (d) 5

Noble Sovereignty https://www.senbit.cc GEM 448.0 18.3%529.8 20.5%504.6418.8 13.7%25.229.2 1.7% 4.8% 6.5% 11.78.2 6

3,567 3,815 529.8 448.0 18.3% % % 360,767 68.1 327,807 73.2 79,923 15.1 43,353 9.7 88,543 16.7 75,924 16.9 605 0.1 937 0.2 529,838 100.0 448,021 100.0 10.1% 84.4% 16.6% 5 7

504.6 418.8 95.2% 93.5% 25.2 29.2 13.7% 4.8% 6.5% 32.2 24.1 33.6%6.1% 5.4% 6.9 5.1 1.3%1.1% 11.7 8.2 8

110.298.8 33.2 30.6 284.1% 233.3% 1.0 1.0 11.5 21.5 6.63.7 72,802,000 71,544,00018,178,000 0.50 0.01 10,000,000 90,000,000 18.7 20.8 2.1 9

9.0 6.3 6.3 2.7 0.9 0.9 0.9 1.4 1.1 1.1 0.3 2.7 2.7 0.1 2.6 2.9 2.9 2.9 1.8 1.1 1.1 0.7 18.7 15.0 12.4 6.3 22.5 23.544.0 53.3 106.995.3 10.512.4 (i) 21.8 9.1(ii) 115.2 107.4 10

59 24 28 (Operations and Workflow Management) ISO 14001:1996 EMS ISO 9001:2000 ISO 14001:2004 OHSAS 18001:1999 ISO 9001:2008 ISO 14001:2004 OHSAS 18001:2007 53 11

28 38 12

32 WI Harper Fund VIII LP 2323 44 01250 08148GEM 08213GEM 13

43 8187 GEM 8081GEM (Royal Holloway and Bedford New College, University of London)(Royal Holloway, University of London) (Middlesex University) 52 27 Sino Academic Research Centre Certificate Course on B.V.I. Companies Practical Application ISO 9000:2000ISO 9001:2000 ISO 14001:2004 OHSAS 18001:1999 ISO 9000:2000 ISO 14001:1996 OHSAS 18001:1999 14

15

1. 35 2. 5 10 23 32 33 45 3. 5 4. 5. 36 6. 25 7. 10,329,000 13,102,000 16

8. 14 9. 22 10. 11. 12. 112 13. 83(3) 84 GEM 5.09 17

14. 11 15 15. 16. 31 17. GEM 18. 18

19. 571 XV XV7 8 352 GEM 5.46 5.67 300,000,000 75% 300,000,000Gold Cavaliers International LimtiedGold Cavaliers Gold Cavaliers Max Super Holdings LimitedMax Super 78.67% 7,867 Gold Cavaliers Gold Cavaliers 7,867 78.67% XV XV78 352 GEM 5.46 5.67 19

20. 336 300,000,000 75% 300,000,000 75% Max Super 300,000,000 75% Gold Cavaliers 300,000,000 75% Gold Cavaliers Max Super 78.67% 336 21. 31 GEM 20 22. (i) (ii) 23. 95.4% 94.1% 84.2% 76.1%27.1% 32.1%13.6% 9.9% 5% 20

24. Gold Cavaliers, Max Super Magic Pioneer Croydon Capital Advisors Limited Earnmill Holdings Limited TTNB Profit Limited Kiteway Assets Limited GEM 25. 26. 27. 8 9 28. 6,500,000 29. 23 32 21

30 (a) (b) (c) (d) (e) (f) 31. GEM GEM 6A.32 32. 25% 33. 22

GEM A.2.1 84(3) 83(3) 83(3) 84 23

GEM 5.48 5.67 11 15 GEM 5.05(1) (2)5.05A GEM 5.09 D.3.1 24

A.1.3 14 3 5/5 *4/4 1/1 1/1 1/1 5/5 1/1 5/5 1/1 3/3 1/1 4/4 4/4 1/1 1/1 1/1 4/4 4/4 1/1 4/4 4/4 1/1 1/1 0/1 * 25

GEM GEM 26

(1) (2) 27

GEM A B A B A B A B A B A B A B A B 15 28

1,200,000 29

30

58 2 21 (www.lapco.com.hk) E.1.4 info@lapco.com.hk 9 3 3 301A (852) 2758-8999 (852) 2758-8666 info@lapco.com.hk 31

113 7 7 32

GEMGEM 33

34

35

6 1 8 5 9 15 12 10 2 3 4 11 13 14 7 # 1 A1 2 A1 3 A2 4 A3 5 B1 6 B1 7 B2 8 B3 9 B4 10 B5 11 B6 12 B6 13 B7 14 B8 15 36

A1 311 80% 80% 1 2.5 10% 1 2.5 5% 1 (NO x ) 2 28,952 22,975 (SO x ) 3 55 42 (PM) 2 2,288 1,794 1 17/2009 2 3 37

7,038,798 4 9,156,819 1,167 1,518 A2 354 6,040 7,770 333 595 4 38

A2 92,912 89,358 15.4 14.8 12,926 9,624 137 114 3,440,378 2,621,651 36,599 31,210 89,358 14.8 i. LED ii. 39

iii. LED 24 26 iv. v. 40

A3 ISO 14001 2015 ISO 14001 B1 57 282 1,622 45.5 1,945 54.5 3,567 100 41

480 487 527 602 B2 OHSAS 18001 509 42

B3 B4 57 B5 43

B6 ISO 9001 2015 486 44

B7 B8 45

51 111 46

4 5,126,000 (i) (ii) 47

48

49

50

5 529,838 448,021 (504,604) (418,842) 25,234 29,179 6 1,132 953 6 (197) 440 (32,188) (24,142) (9,749) 7 (6,865) (5,128) 10 (12,884) (8,447) 11 1,197 208 (11,687) (8,239) 13 (2.92) (2.31) 51

14 83,966 97,156 16 5,602 19,112 233 495 89,801 116,763 15 129,778 119,889 16 25,694 24,148 1,651 2,132 17 21,790 9,080 17 11,458 21,470 190,371 176,719 18 7,242 5,816 19 38,694 40,680 20 5,078 4,190 21 13 22 110,220 98,788 23 22,510 23,511 183,744 172,998 6,627 3,721 96,428 120,484 20 1,020 2,020 24 933 2,960 23 43,976 53,318 45,929 58,298 50,499 62,186 52

25 4,000 4,000 46,499 58,186 50,499 62,186 51 111 53

1 8 10,192 24,863 35,063 (8,239) (8,239) (8) 8 800 39,200 40,000 2 3,200 (3,200) (4,638) (4,638) 4,000 31,362 10,200 16,624 62,186 (11,687) (11,687) 4,000 31,362 10,200 4,937 50,499 (1) 1(iii) (2) 3,200,000 319,999,680 54

(12,884) (8,447) 30,118 23,488 (931) (618) (1,999) (263) 6,865 5,128 21,169 19,288 (9,889) (47,344) 12,722 (17,618) 1,426 2,668 (1,986) 16,653 (13) 2 (112) 1,006 13,468 52,230 36,785 26,885 (349) (4,380) 36,436 22,505 173 98 (495) (136) (4,788) 2,079 441 (12,710) (9,080) 9,080 6,273 (3,912) (10,594) (2,383) 55

(6,865) (5,128) 40,000 (4,638) (26,953) (24,525) 6,648 7,833 (8,684) (16,818) (35,854) (3,276) (10,012) 16,846 21,470 4,624 11,458 21,470 56

1. GEMGold Cavaliers International LimitedGold Cavaliers Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1 1111, Cayman Islands 9 3 3 301A (a) (b) (c) (d) (i) 1 1 1 67% 33% (ii) 50,000 50,000 1 1,000 1 57

1. (iii) 3 (iv) Magic Pioneer Limited 20020% 12,000,000 20% 80% (v) Max Super Holdings Limited (vi) Gold Cavaliers 50,000 50,000 1 7,8672,133 1.00 (vii) Profound Wellness Holdings LimitedProfound Wellness 50,00050,000 1 21 1.00 (viii) 100,000,000 10,000,000,000 0.011 0.01 Gold Cavaliers (ix) 7,867 Gold Cavaliers (x) Gold Cavaliers Profound Wellness29920 58

1. (i) (iii) (iv) (x) 2. 9 15 22 2 4 28 40 4 9 59

2. 2.1 15 15 15 18 11 15 15 18 15 5 3 15 2.2 9 9 9 1 2 3 99 60

2. 2.2 9 39 9 3 9 9 1212 12 16 1 17 3 23 1 3 4 9 1 10 28 2 1 8 5 19 1 28 1 1 1 2 3 4 5 61

2. 16 16 16 1717 16 16 17 16 16 26 2,685,000 16 326,000 1716 16 17 4 17 4 16 62

2. 1 8 3. GEM 17 36 63

3. 215 15 64

3. 215 15 (i) (ii) (iii) (iv) 65

3. 66

3. 15 29 67

3. 29 29 9 12 12 68

3. 29 (i) 30 69

3. 29 (ii) 90 (iii) (a) (b) (c) (d) (iv) 70

3. 29 (v) 71

3. 9 9 72

3. 73

3. 74

3. 75

3. 4. 3 (i) (ii) 28 15 5,126,000 76

5. (ii) 360,767 79,923 88,543 605 529,838 507,476 22,362 529,838 77

5. (ii) 276,796 59,303 89,355 608 23,095 5,348 88,440 608 3,188 88,621 101 303,079 64,651 266,416 1,317 (ii) 327,807 43,353 75,924 937 448,021 78

5. 360,767 79,923 88,543 605 529,838 16,304 5,369 3,547 14 25,234 1,132 (197) (32,188) (6,865) (12,884) 327,807 43,353 75,924 937 448,021 17,703 3,684 7,783 9 29,179 953 440 (24,142) (9,749) (5,128) (8,447) 79

5. 135,288 21,118 56,885 47 213,338 406 31,529 1,651 21,790 11,458 280,172 31,681 7,776 7,019 53 46,529 5,505 110,220 66,486 933 229,673 80

5. 145,321 18,345 65,512 160 229,338 466 30,996 2,132 9,080 21,470 293,482 36,145 8,372 4,780 103 49,400 3,319 98,788 76,829 2,960 231,296 81

5. 6,632 8,742 1,633 1 17,008 17,008 12,325 4,213 13,519 1 30,058 60 30,118 1,361 302 334 2 1,999 1,999 28,911 38 46,887 1 75,837 142 75,979 11,220 1,844 10,031 78 23,173 315 23,488 192 45 26 263 263 83,966,000 97,156,000 10% A 1 445,911 341,132 B 2 3 60,054 1 2 3 10% 82

6. 173 98 758 520 201 335 1,132 953 1,999 263 99 177 (2,295) (197) 440 7. 4,159 3,152 2,706 1,976 6,865 5,128 83

8. GEM iii 2,022 200 18 2,240 660 45 18 723 510 35 18 563 i 146 146 ii 120 120 ii 120 120 ii 120 120 3,698 280 54 4,032 989 610 200 18 1,817 260 235 156 18 669 198 140 81 16 435 i 125 125 ii 62 62 ii 62 62 ii 62 62 1,758 985 437 52 3,232 (i) (ii) (iii) 84

8. 9. (a) 3,295 2,480 255 436 54 54 3,604 2,970 1,000,000 2 2 1,000,001 1,500,000 1 1,500,001 2,000,000 1 85

10. 1,200 1,200 30,118 23,488 8 4,032 3,232 402,729 328,952 11,855 10,509 418,616 342,693 1,349 1,306 11. (805) (206) (25) (216) 24 2,027 630 1,197 208 2017 7 28.25%2 16.5% 16.5% 16.5% (12,884) (8,447) 16.5% 2,126 1,394 4 45 (963) (1,868) (25) (216) 799 55 54 1,197 208 86

11. 12. 13. (11,687) (8,239) 400,000,000 356,602,740 25 87

14. 569 540 10,390 88,286 99,785 143 224 75,612 75,979 (868) (868) 569 683 10,614 163,030 174,896 13 16,995 17,008 (117) (3,046) (3,163) 569 683 10,510 176,979 188,741 321 149 8,225 46,247 54,942 186 128 789 22,385 23,488 (690) (690) 507 277 9,014 67,942 77,740 62 134 740 29,182 30,118 (102) (2,981) (3,083) 569 411 9,652 94,143 104,775 272 858 82,836 83,966 62 406 1,600 95,088 97,156 20% 20% 20% 73,228,000 85,104,000 88

15. 129,778,000 119,889,000 124,652 112,529 5,126 7,360 129,778 119,889 90 0 30 44,615 50,677 31 60 43,208 49,910 61 90 28,441 14,856 91 180 13,364 3,820 180 150 626 129,778 119,889 13,514,000 13,364,000 1 90 150,000 90 89

15. 96% 4,446,000 91 180 3,820 180 626 4,446 115,171,000 107,390,000 28 22 115,171 107,390 (96,338) (82,870) 18,833 24,520 90

16. 1,794 2,086 ii 17,643 17,787 iii 933 910 iv 5,490 v 7,271 5,565 3,289 5,361 6,427 31,296 43,260 5,602 19,112 25,694 24,148 31,296 43,260 (i) (ii) 31 133,000 133,000 2,316,923 18,072,000 564,473 4,403,000 250,247 1,952,000 43,960343,000 7,361,211 7,688,354 3.65% 4.40% 2% 91

16. (ii) (iii) (iv) (v) 8,010,000 5,490,000 18,178,000 7,271,000 24 28 17. 0.01% 0.95% 0.01% 2.50% 0.01% 0.95% 0.01% 2.50% 28 92

18. 30 60 0 30 2,179 2,782 31 60 1,045 1,398 61 90 1,219 1,520 90 2,799 116 7,242 5,816 19. 33,212 37,361 5,482 3,319 38,694 40,680 20. 5,204 (3,017) 4,023 6,210 (3,961) 3,849 6,098 93

20. 1,020 2,020 5,078 4,190 6,098 6,210 21. 13 60 0 30 13 94

22. 3,370 3,478 10,512 12,440 96,338 82,870 110,220 98,788 * 105,287 90,107 1,416 2,802 2,997 4,256 520 1,623 110,220 98,788 (110,220) (98,788) * 1,720,000 (i) 21,790,000 9,080,000 (ii) (iii) (iv) 115,171,000 107,390,000 (v) 95

22. (i) CCE Limited (ii) 2.25% 5.38% 2.25% 5.25% 23. 22,510 23,511 43,976 53,318 66,486 76,829 1.35% 3.00% 1.35% 2.50% 96

23. 24,632 25,819 22,510 23,511 22,087 20,942 20,642 19,303 24,287 35,782 23,334 34,015 71,006 82,543 66,486 76,829 (4,520) (5,714) 66,486 76,829 66,486 76,829 12 (22,510) (23,511) 12 43,976 53,318 24. (3,590) (3,590) 11 3,733 (3,103) 630 3,733 (6,693) (2,960) 11 2,410 (383) 2,027 6,143 (7,076) (933) 37,233,000 22,627,000 97

25. 0.01 10,000,000,000 100,000 1 i 319 ii 80,000,000 800 iii 319,999,680 3,200 400,000,000 4,000 (i) 0.01 Gold Cavaliers Profound Wellness 29920 (ii) GEM0.01 80,000,0000.5 (iii) 319,999,680 3,200,000 98

26. 1,505 519 1,180 2,685 519 615 27. 22 23 99

28. 168,979 184,276 122,944 107,936 17,643,000 17,787,000 23 16 1722 100

28. (i) (ii) 9 9 115,171,000 107,390,000 89% 90% 28. (i) (ii) 9 9 115,171,000 107,390,000 89% 90% 101

28. 12 12 12 15 1 124,652 15 1 5,126 16 2 12 6,063 17 Aa3 3 12 21,790 17 Aa3 A1 A2 A3 3 12 11,348 102

28. 1. 9 9 1 30 0.1% 4,921 31 90 1.0% 55 90 9.2% 150 5,126 103

28. 2. 6,063 6,063 3. Aa3 A1 A2 A3 104

28. % 7,242 7,242 7,242 5,482 5,482 5,482 5.13 110,220 110,220 110,220 1.95 24,632 46,374 71,006 66,486 110,220 37,356 46,374 193,950 189,430 5,816 5,816 5,816 3,319 3,319 3,319 13 13 13 4.38 98,788 98,788 98,788 1.72 25,819 56,724 82,543 76,829 98,788 34,967 56,724 190,479 184,765 110,220,000 98,788,000 105

28. % 5.13 110,753 4,660 524 115,937 110,220 4.83 94,676 7,458 1,654 103,788 98,788 106

29. 98,788 76,829 175,617 (6,195) (29,659) (35,854) 13,468 13,468 30 16,610 16,610 4,159 2,706 6,865 110,220 66,486 176,706 48,783 30,163 2,804 81,750 (12,137) (26,501) (4,638) (43,276) 52,230 52,230 30 6,760 6,760 30 71,191 71,191 1,834 1,834 3,152 1,976 5,128 98,788 76,829 175,617 107

30. 16,610,000 71,191,000 10,015,0006,760,000 3,255,000 31. 336 341 Source Mega Inc. LimitedSource Mega 282 289 276 287 69 13 Source Mega 797 391 895 1,692 391 6,074 5,103 90 88 6,164 5,191 108

32. 8 9 33. 72,802,000 71,544,00018,178,000 22 34. 6,500,000 109

35. 1,000 100% 100% 7,900,000 5,800,000 100% 100% 5,000,000 100% 100% 1 100% 100% 36. 18,278 18,278 194 185 600 165 165 959 350 1,169 1,526 3,739 4,908 1,526 (3,949) (1,176) 14,329 17,102 4,000 4,000 10,329 13,102 14,329 17,102 110

36. (7,243) (7,243) (11,017) (11,017) 39,200 39,200 (3,200) (3,200) (4,638) (4,638) 31,362 (18,260) 13,102 (2,773) (2,773) 31,362 (21,033) 10,329 111

529,838 448,021 404,124 363,467 (12,884) (8,447) 12,452 18,144 1,197 208 (3,663) (3,056) (11,687) (8,239) 8,789 15,088 (11,687) (8,239) 8,789 15,088 280,172 293,482 151,815 163,374 (229,673) (231,296) (116,752) (137,100) 50,499 62,186 35,063 26,274 50,499 62,186 35,063 26,274 112