HC GROUP INC. * 2280 1,342.6 2,447.2 182.3%3,789.8 EBITDA* 333.830.4 364.2 191.0 107.577.6% 0.17050.103964.1% * * 1
5 3,789,785 1,342,619 6(a) (3,120,495) (682,582) 16,773 22,655 6(b) 115,241 66,866 6(a) (355,081) (322,464) 6(a) (180,254) (173,860) 1,248 (5,451) 267,217 247,783 7 (35,025) (39,616) 1,108 (6,344) 14,801 233,300 216,624 8 (33,863) (68,524) 199,437 148,100 (68,300) (28,605) 2,248 10,243 (11,131) 190,554 61,438 2
190,958 107,520 8,479 40,580 199,437 148,100 182,075 20,858 8,479 40,580 190,554 61,438 9 0.1708 0.1074 9 0.1705 0.1039 3
11 164,303 166,671 11 632,958 642,087 11 279,200 286,358 11 2,376,250 2,376,400 13 44,707 11,146 14 223,013 304,400 21,815 21,115 651,861 124,583 528,960 9,950 98,839 46,631 4,549,527 4,461,720 88,380 110,750 49,335 160,453 155,587 14 1,477,857 1,345,918 13 297,635 164,046 13 393,542 290,848 81,049 284,164 142,910 39,500 5,350 172,021 401,757 401,918 3,190,187 2,872,833 7,739,714 7,334,553 103,704 100,740 2,843,419 2,737,941 1,057,417 815,417 4,004,540 3,654,098 842,567 803,031 4,847,107 4,457,129 4
16 480,000 712,376 16 333,342 267,412 170,733 175,658 255,211 271,710 40,282 40,282 115,672 1,279,568 1,583,110 15 39,212 19,482 207,264 219,864 158,983 365,927 16 622,163 393,837 16 230,931 123,505 15,238 20,627 163,581 42,219 41,387 53,328 48,648 34,422 41,437 65,298 1,613,039 1,294,314 2,892,607 2,877,424 7,739,714 7,334,553 9 15 4 5
100,740 2,737,941 815,417 3,654,098 803,031 4,457,129 9 (63,515) 51,042 (12,473) (1,760) (14,233) 190,958 190,958 8,479 199,437 (11,131) (11,131) (11,131) 2,248 2,248 2,248 (8,883) 190,958 182,075 8,479 190,554 33,489 33,489 2,964 163,620 166,584 166,584 (2,764) (2,764) (2,764) 28,691 28,691 28,691 9,238 9,238 (11,671) (11,671) (9,910) (21,581) 103,704 2,843,419 1,057,417 4,004,540 842,567 4,847,107 6
93,885 2,307,761 587,143 2,988,789 279,354 3,268,143 107,520 107,520 40,580 148,100 (68,300) (68,300) (68,300) (28,605) (28,605) (28,605) 10,243 10,243 10,243 (86,662) 107,520 20,858 40,580 61,438 297 297 358 24,300 24,658 24,658 (556) (25,169) (556) (26,281) (26,281) 21,450 21,450 21,450 4,550 4,550 (44,176) (44,176) (44,176) 93,687 2,241,680 649,931 2,985,298 324,781 3,310,079 10% 50% 8,519,000 14,118,000 116,600,000101,874,000 7
1 4th Floor, One Capital Place, P.O. Box 847, George Town, Grand Cayman, Cayman Islands, British West Indies B2B B2B hc360.comzol.com.cn IT B2B O2O 43.84% 51%B2B 94,000,000 8
2 34 3 (a) 2 4 9 15 15 22 28 40 1 9 4 15 (b) 19 ( 1) 28 (1) 9 (1) 16 (1) (1) 23 (1) 17 ( 2) 10 28 (1) (2) (3) (2) 9
(i) 16 16 185,096,000 16 4 9 15 (a) (b) 9 (c)15 939 9 9 10
39 815,417 (i) 63,515 (ii) (13,674) (ii) 1,201 9 866,459 (a) 9 (i) 9 9 39 * 172,021 568,460 (a) 533,925 (533,925) (b) (76,932) 76,932 9 629,014 111,467 * 15 11
39 63,515 815,417 (a) (63,515) 63,515 9 878,932 (a) 533,925,000 9 63,515,000 (b) 76,932,000 (c) 34,535,000 (d) 9 9 12
(ii) 9 9 9 9 30 30 90 180 365 720 1% 4% 11% 14% 53% 95% 6% 356,160 27,259 24,191 34,207 15,756 6,776 464,349 3,128 1,141 2,727 4,737 8,315 6,425 26,473 13
39 17,914 7,434 131 778 216 9 25,564 131 778 654,000 26,218,000 325,000 456,000 78,000 39 6,341,000 3 9 1 2 3 14
30 1 2 3 1,654,265 784 72,519 1,727,568 (1,634,168) (678) (8,082) (1,642,928) 20,097 106 64,437 84,640 1% 14% 89% 5% 15
1 2 3 39 16,176 235 60,839 77,250 2,902 (90) 2,519 5,331 1,019 (39) 1,079 2,059 9 20,097 106 64,437 84,640 4,458,000 80,182,000 39 4,633,000 (c) 9 16
9 9 (d) 15 15 15 15 15 15 1818 15 (i) (ii) (iii) (iv) (v) 17
15 15 18
15 15 15 B2B 15B2B 15 19
O2O 15O2O 15 1518 15 15 62,297 62,297 49,335 (49,335) 290,848 (12,962) 277,886 40,282 40,282 40,282 (40,282) 322,564 322,564 158,983 (158,983) 163,581 (163,581) 20
1518 15 15 15 81,049 81,049 35,925 (35,925) 438,666 (45,124) 393,542 40,282 40,282 40,282 (40,282) 365,927 365,927 126,412 (126,412) 239,515 (239,515) 15 15 3,794,687 (4,902) 3,789,785 (359,983) 4,902 (355,081) 15 21
i 45,124 12,962 ii 35,925 49,335 81,049 62,297 (i) (ii) i 117,459 147,914 B2Bii 225,135 150,506 iii 63,615 64,426 406,209 362,846 (i) (ii) B2B (iii) 22
5 (i) (ii) (iii) (iv) O2O (i) hc360.com zol.com.cn (ii) B2B (iii) (iv) O2O 23
O2O 450,589 3,088,674 180,392 70,130 3,789,785 85,742 27,065 6,073 16,323 135,203 1,108 16,773 115,241 (35,025) 233,300 30,792 10,100 14,390 11,933 67,215 O2O 426,072 506,091 108,839 301,617 1,342,619 75,689 1,537 2,968 78,068 158,262 (6,344) 14,801 22,655 66,866 (39,616) 216,624 30,468 522 13,069 12,092 56,151 * 24
6(a) 22,370 169,487 B2B 3,003,499 462,887 124,719 84,535 11 2,368 2,368 11 38,994 31,041 11 16,724 13,613 11 9,129 9,129 210,286 200,392 (4,458) 1,430 2,807 4,021 325 78 27,216 28,807 6(b) 94,000 15,704 (1,029) 3,590 28,414 34,889 7 (35,629) (25,421) (1,781) (812) (1,506) (24,080) (2,794) (2,262) (41,710) (52,575) 6,685 12,959 (35,025) (39,616) 25
8 (i) (ii) (35,249) (44,292) (iii) (15,771) (12,421) (iv) (22,800) 17,157 15,568 (v) (4,579) (33,863) (68,524) (i) (ii) 25% 15% (iii) 30% 60% (iv) 10% 22,800,000 (v) 150,992,000131,325,000 4,579,000 26
9 190,958 107,520 1,118,167 1,000,863 1,971 33,809 1,120,138 1,034,672 0.1708 0.1074 0.1705 0.1039 10 0.02 27
11 286,358 166,671 642,087 1,051,173 1,325,227 9,743 12 128 17,300 21,544 (305) (16,724) (2,368) (9,129) (38,994) 279,200 164,303 632,958 1,029,479 1,346,771 309,516 171,408 660,345 452,632 1,068,987 4,181 9 379 105,500 250,096 (948) (13,613) (2,368) (9,129) (31,041) (1,900) 297,615 169,040 651,216 527,100 1,319,083 28
12 5,000,00015% 50,000,000 43.84% 7.16% 51% 15% 6,400,000 4,096,0002,304,000 21,544,000 29
50,000 6,400 56,400 40,156 11 128 50,844 450 11 12,200 11 2,100 11 3,000 28,743 (23,109) (41,842) (4,325) 68,345 (33,489) 11 21,544 56,400 50,000 (40,156) 9,844 277,272,000 152,000 4,047,368,000 198,087,000 30
350,000 13 a 419,760 308,762 (26,218) (17,914) 393,542 290,848 342,342 175,192 735,884 466,040 (44,707) (11,146) 691,177 454,894 (a) 90270 0 90 219,424 176,883 91 180 122,738 59,654 181 365 41,319 48,882 36,279 23,343 419,760 308,762 90180 31
14 (a) (b) (c) 1,685,335 1,632,113 8,002 10,350 63,540 65,540 24,175 19,565 1,781,052 1,727,568 (d) (19,227) (16,176) (60,955) (61,074) (80,182) (77,250) 1,700,870 1,650,318 (223,013) (304,400) 1,477,857 1,345,918 32
(a) 718,519 847,989 966,816 784,124 1,685,335 1,632,113 (18,799) (16,176) (60,954) (61,074) (79,753) (77,250) 1,605,582 1,554,863 (170,215) (269,794) 1,435,367 1,285,069 11.9% 12.7% (b) 737,378 762,174 550,919 400,822 397,038 469,117 1,685,335 1,632,113 (18,799) (16,176) (60,954) (61,074) (79,753) (77,250) 1,605,582 1,554,863 33
(c) 3 3 733,852 118 100 3,308 737,378 447,874 35,356 15,560 52,129 550,919 300,464 12,450 44,350 39,774 397,038 1,482,190 47,924 60,010 95,211 1,685,335 3 3 718,911 82 40,450 2,731 762,174 335,203 9,980 31,606 24,033 400,822 463,017 6,100 469,117 1,517,131 16,162 72,056 26,764 1,632,113 34
(d) 16,176 61,074 77,250 9 4,027 3,363 7,390 9 20,203 64,437 84,640 (976) (3,482) (4,458) 19,227 60,955 80,182 15,705 74,951 90,656 471 (13,877) (13,406) 16,176 61,074 77,250 15 0 90 35,588 9,843 91 180 1,124 6,426 181 365 555 2,142 1,945 1,071 39,212 19,482 35
16 480,000 712,376 333,342 267,412 813,342 979,788 622,163 393,837 230,931 123,505 853,094 517,342 1,666,436 1,497,130 1,497,130 883,482 197,082 40,633 12 41,842 (69,618) (40,421) 1,666,436 883,694 36
6.32% 5.98% 507,376,000507,376,000 1,020,862,0001,054,040,000 27,816,000 25% 6.34%6.2% 4.5% 8% 5.5% 7.1% 421,374,000255,000,000 581,823,000 622,163 393,837 230,931 123,505 340,000 572,376 293,207 257,555 140,000 140,000 40,135 9,857 1,102,163 1,106,213 564,273 390,917 13,850,000 37
O2O 450,589 3,088,674 180,392 3,719,655 70,130 3,789,785 426,072 506,091 108,839 1,041,002 301,617 1,342,619 5.8% 510.3% 65.7% 257.3% 76.7% 182.3% 3,789.8 1,342.6 B2B O2O O2OO2O 501.8 534.1 191.0 77.6% 38
++ (ibuychem.com)4 51% (www.unioncotton.com)www.zonmoo.com B2B 100 800 1,700 + B2B B2B 39
V1.0+ ERP SaaS 51% + ++ 85-90% 10-15 10-15% 3C 50 688.6 40
3C 3,088.7 506.1510.3% Z-SCM RFID 500 41
54.89% 24.61% 79.51% B BB 180.4 108.865.7% (hc360.com)(zol.com.cn) 42
500 5G 450.6 426.15.8% O2O 70.1O2O 165 81.5%4.8% 11.9%1.8% O2O 43
401.8 401.91,577.1 1,578.5 1,666.4 1,497.1853.1 517.3 21%20% 2,470 1432,613 2,485 2,851 210.3200.4 44
36,028,500 750,000 1,121,352,210 1,085,323,710 43,440,000 43,440,000 507.4 507.4 421.3 45
10A1 7 100026 (i) Daxiong Holdings LimitedDaxiong Hanson He Holdings Limited Richard Chen Holdings LimitedMr Moustache Holdings Limited(ii) Mu Hao Holdings Limited Hong Rui Technology Holdings Limited Chance Technology Co. Ltd Vanguard Technology Holdings Limited 36,028,500 10 7.5 36,028,500 1,085,323,7103.32% 1,121,352,2103.21% 3,602,850 46
13,000,000 13,000,000 3,014,250 0.27% 20,000,000 20,000,000 8,181,819 0.73% 47
HC International, Inc. HC Group Inc. 62216 HC INTL HC GROUP 2280 5.00% HC INTL B1911 HC GROUP B1911 5839 48
50,000,000 43.84% 51% 13.51B (1) 1) (i) (ii) 49
(iii) Lee Wee Ong A.2.1 2) 4.60 0.10 36,000,00021 36,000,000 4,000,000 2,200,000 Lee Wee Ong 50
10 51
14 750,000 3,389,320 600,000 Lee Wee Ong 52