Kaisa Health Group Holdings Limited Mega Medical Technology Limited 876 6 31 32 33 34 64 61-65 20SGM-1 SGM-2 183 22
... 1... 6... 32... 34... I-1... II-1... SGM-1 i
Mega Medical Technology Limited 193,000,000 221,732,037 1
6 * 2
191,412,270 3
Mega Deluxe Holdings Limited (3) (1) 191,412,270 (1) 571 0.00125 61-65 20 4
% * 5
Kaisa Health Group Holdings Limited Mega Medical Technology Limited 876 Clarendon House, 2 Church Street Hamilton HM 11, Bermuda 8 20 2016A 6
(i) (ii) (iii) (iv) (i) (ii) 42.98% A 193,000,000 221,732,037 191,412,270 7
193,000,000 221,732,037 1,587,730 191,412,270 (i) 80,000,000 69,633,600 (ii) 20,000,000 17,408,400 (iii) 40,000,000 34,816,800 (7) (iv) 16,000,000 13,926,720 (7) (v) 65,732,037 57,214,480 8
(i) 1,998,000,000 191,400,000 (ii)20% 1,200,000 (iii) 2.5 3.2% 31,660 60% 51,600 136% 91% 10 18.4% (i) (ii) 9
20% P/AUM P/AUM P/AUM P/AUM 20% P/AUM P/AUM P/AUM 1 Blackstone Group LP BX US 8.46% 2 KKR & Co LP KKR US 9.77% 3 Oaktree Capital Group LLC OAK US 5.08% 4 Apollo Global Management LLC APO US 4.86% 5 Carlyle Group LP CG US 3.48% 6 Invesco Ltd IVZ US 1.27% 7 Artisan Partners Asset APAM US 2.16% Management Inc 8 806 HK 10.73% 9 BlackRock Inc BLK US 1.33% 10 Franklin Resources Inc BEN US 2.46% 11 Ares Management LP ARES US 4.28% 12 Brookfield Asset Management Inc BAM/A CN 13.92% 13 Partners Group Holding AG PGHN SW SIX Swiss Exchange 30.98% 14 Integrated Asset Management Co IAM CN 1.90% 10
P/AUM 1.27% 30.98% 14 11P/AUM 10% 20% P/AUM 4.57% 30% 190,000,000 30% P/AUM 20% 1,200,000 140,000,000 (i) (ii) (iii) 11
(iv) (v) (vi) (vii) (viii) (ix) (x) (xi) (xii) (xiii) (iii) (vii) (xi) (vii) 12
(5) 5% (5) (ii) (3) 20% 9.57% 90% 13
(i) 1 100% (ii) 1 20% (iii) 191,412,270 9.57% 191,400,000 (iv) 9.57% 2,000,000 0.1% 1 191,412,270 9.57% 2 1,806,587,730 90.33% 3 14
1. 200,000 1,800,000 200,000 600,000 800,000200,000 2. 191,412,270 3. 210,000,000 600,000,000 800,000,000200,000,000 20% 30% 40% 10% 1,806,578,730 2.25% 15
1.5% 7,500,000 15,000,000 1% 7,500,000 (5) (2) (3) (i) (ii)(iii) (iv) 15% 30% 8% 15% 20% 8% (7) 20% (i) (ii) 20% 1% 1.5% 16
(i) (a) (b) (ii) (a) (b) 30 17
(a) 18
(i) (ii) (iii) (iv) 20% (b) (2) (1) (1) (1) (1) (1) (9) 19
(7) 14 (c) (d) 20
(e) 2,000 2,300,000,000 191,400,000 (3) 1509 HK 1.73% 1515 HK 7.27% 2120 HK 4.92% 3689 HK 11.45% 300015 CH 14.74% 600763 CH 20.28% 002173 CH 4.69% 801 HK -13.48% 1526 HK -6.62% 21
5% 9% 100% 100% 20% 0.1% 90% 10% 9.57% 90.33% 22
20% 80% 260,000,000 99.9% 0.1% 200,000 191,412,270 99.9% 0.1% 200,000 191,412,270 90% 10% 90,000,000 10,000,000 23
(i) (ii) (iii) (i) 100% 100% 100% 1 80% 0% 100% 100% 100% 0.1% 99.9% 0.1% 99.9% 90% 2 10% 1. 2. 60% 40% 50.39% 75% 25%5.60% 44.01% 24
(ii) 100% 100% 100% 100% 100% 1 80% 20% 100% 0.1% 9.57% 90.33% 0.1% 99.9% 2 90% 1. 2. 60% 40% 50.39% 75% 25%5.60% 44.01% 25
(iii) 100% 100% 100% 100% 100% 1 80% 20% 100% 0.1% 9.57% 90.33% 0.1% 99.9% 90% 2 10% 1. 2. 60% 40% 50.39% 75% 25%5.60% 44.01% 26
190,800,000 580 580 191,460,000 10,200,000 25,370,000 10,000,000 200,000 200,000 15,600,000 33,000 15,040,000 191,412,270 9.57% 25,370,000 191,460,000 27
28
5% 25% 25% 42.98% A A A 32 33 34 64 29
61-65 20 42.98% SGM-1 SGM-2 183 22 48 30
32 33 34 64 31
Kaisa Health Group Holdings Limited Mega Medical Technology Limited 876 34 64 32
33
China AF Corporate Finance Limited Units 2303-2306, 23/F., Great Eagle Centre 23 Harbour Road Wanchai Hong Kong 23 23 2303-2306 193,000,000 221,732,037 34
5% 25% 25% 42.98%A A A 13.84 35
(i) (ii) (iii) (iv) (v) 13.80 36
1. 127,126 101,690 226,703 188,140 61,078 55,779 113,459 102,340 1,105 10,060 5,548 (1,295) (3,451) (2,843) (18,998) 1,105 6,609 2,705 (20,293) 1,105 6,934 3,911 (15,188) 37
1,102,399 1,106,766 586,420 438,994 575,448 64,597 56,854 63,885 79,918 1,045,545 1,042,881 506,502 188,100,000 226,700,000 20.5% 3,900,000 15,200,000 (i) 1,300,000 5,500,000 (ii) 19,000,000 2,800,000 1,106,800,000 575,400,000 1,042,900,000 88.7% 790.8% 105.9% 507,160,000 63,900,000 20.1% 15,500,000 38
101,700,000 127,100,000 25.0% 54.9% 48.0% 12.6% 1,100,000 89.0% 10,100,000 5,300,000 (i) 6,100,000 (ii) 5,900,000 (iii) 4,200,000 1,100,000 6,900,000 84.1% 1,045,500,000 0.3% 39
2. (e) 2. 40
(a) (i) (ii) (iii) (iv) 20% 41
1. 1,000,000,000 439,000,000 2,300,000,000 (5) (2) 42
(b) (2) (1) (1) (1) (1) (1) (9) (7) 14 (c) 43
190,800,000 580,000 191,460,000 10,200,000 2,000 44
(d) (e) 2,000 2,300,000,000 191,400,000 45
(3) (http://tjj.hangzhou.gov.cn/) 827,000 6.9% 12,560 8.0% 8.0% (http://www.nhc.gov.cn/) (http://www.zjhz.lss.gov.cn/) 97.9% 85.1% 61.9% 46
(i) (ii) (iii) 60 7.16 1.45 1,540 7.24 1.52 1,764 7.36 1.59 1,898 7.54 1.67 2,119 7.16 7.54 1.74% 60 1.45 1.67 4.82% 1,540 2,119 11.23% 47
2001-2020 2016 10,000,000 (i) (ii) (i) (ii) (iii) (f) 48
1509 HK 1.73% 1515 HK 7.27% 2120 HK 4.92% 3689 HK 11.45% 300015 CH 14.74% 600763 CH 20.28% 002173 CH 4.69% 801 HK -13.48% 1526 HK -6.62% 9 9 9 9 5% 9% (a) (b) 49
(7) 20% 3. (i) (ii) (b) 50
(i) (ii) (iii) 3. (i) (ii) 42.98% A 193,000,000 221,732,037 191,412,270 51
193,000,000 221,732,037 1,587,730 191,412,270 (i) 80,000,000 69,633,600 (ii) 20,000,000 17,408,400 (iii) 40,000,000 34,816,800 (7) (iv) 16,000,000 13,926,720 (7) (v) 65,732,037 57,214,480 (i) 1,998,000,000 191,400,000 (ii) 20% 1,200,000 (iii) 2.5 3.2% 31,660 60% 51,600 136% 91% 10% 18.4% 52
(i) (ii) 140,000,000 2,000,000,000 (i) 9.57% 191,412,270 219,907,815 2,000,000,000 (ii) 1,500,000 53
20% 20% P/AUM P/AUM P/AUM P/AUM 20% (i) (ii) 20% (i) (ii)p/aum P/AUM 20% 54
14 14 14 14 P/AUM 1.27% 30.98%14 11 P/AUM 10% 20% P/AUM 4.57% P/AUM 20% P/AUM P/AUM (i) (ii) 30% 11% 45% 30% 55
20% 1,200,000 (i) 190,000,000 (ii) P/ AUM 4.57(iii)30% (iv) 20 191,412,270 1,587,730 0.83% (i) 1,500,000 (ii) 20% 1,200,000 20% 9.57% 90% 56
(i) 1 100% (ii) 1 20% (iii) 191,412,270 9.57% 191,400,000 (iv) 57
9.57% 2,000,000 1 0.1% 191,412,270 2 9.57% 1,806,587,730 3 90.33% 1. 200,000 1,800,000 200,000 600,000 800,000200,000 2. 191,412,270 3. 210,000,000 600,000,000 800,000,000 200,000,000 20% 30% 40% 10% 58
1,806,578,730 2.25% 2,300,000,000 2,000,000,000 2,000,000,000 87% 1.5% 7,500,000 15,000,000 1% 7,500,000 59
(i) (ii) (5) (2) (3) (i) (ii) (iii) (iv) 15% 30% 8% 15% 20% 8% 60
(7) 20% (i) (ii) 20% 1% 1.5% (https://www. bain.com/) 36 55 50 (7) (3) 61
(i) (ii) 2. (e) 30 62
(i) (a) (b) (ii) (a) (b) (7) 4. (i) (ii) (iii) (i) (ii) (iii) (iv) 63
(v) (i) 1,500,000 (ii) 20% 1,200,000 (vi) 6 19 64
5 12 I-1
I-2
I-3
I-4
8 20 2016A MHKIS(GP) AAPI MSc(RE) 10 I-5
95,946.00 332,650 8.7% * 249,150 * 83,500 332,650 * 17 40 50 I-6
1. 3301102017A22005 95,946.00 50 191,412,270 249,456.60 2.0, 2.6 35% 85 35% 2. 195,000,000 3. a. b. 4. 600 1,000 5. a. b. 6. I-7
1. 2. XV (i) XV 7 8 (ii) 352 (iii) a. 2 1 61,910,000 (L) 1.23% 1 61,910,000 (L) 1.23% 1 61,910,000 2 L II-1
b. 1 74,070,000 74,070,000 0.784 1.47% 2 38,000,000 38,000,000 0.40 0.75% 3 112,070,000 112,070,000 1 74,070,000 74,070,000 0.784 1.47% 2 38,000,000 38,000,000 0.40 0.75% 3 112,070,000 112,070,000 1 224,140,000 2 25% 25% 25% 25% 3 30% 25% 20% 15% 10% II-2
XV (i)xv 7 8 (ii) 352 (iii) XV 2 3 c. d. e. f. II-3
3. XV 2 3 336 5 2,167,600,491 (L) 42.98% 1 Ying Hua Holdings 308,000,000 (L) 6.11% Limited 2 2 308,000,000 (L) 6.11% Xianjian Advanced Technology 504,000,000 (L) 9.99% Limited 3 3 504,000,000 (L) 9.99% ABG II-RYD Limited 4 270,300,000 (L) 5.36% Ally Bridge Group Capital 270,300,000 (L) 5.36% Partners II, L.P. 4 ABG Capital Partners II 270,300,000 (L) 5.36% GP, L.P. 4 ABG Capital Partners II GP 270,300,000 (L) 5.36% Limited 4 4 270,300,000 (L) 5.36% II-4
1 1638 2 Ying Hua Holdings Limited 3 Xianjian Advanced Technology Limited 4 ABG II-RYD Limited Ally Bridge Group Capital Partners II, L.P. Ally Bridge Group Capital Partners II, L.P. ABG Capital Partners II GP, L.P. Ally Bridge Group Capital Partners II, L.P.ABG Capital Partners II GP, L.P.0.54% ABG Capital Partners II GP, L.P. 50% ABG Capital Partners II GP Limited50% ABG Capital Partners II GP Limited 5 L XV 2 3 336 4. 5. a. 6 II-5
b. c. d. 6. 7. 1,100,000 6,900,000 II-6
8. (a) (b) Condor International NV Condor International NV 257,663 5% 5,000,000 9. a. Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda b. 8 20 2016A c. 183 22 d. 45 (CFA Institute) 7 10 e. 28 12 f. II-7
10. 8 20 2016A a. b. c. d. I-1 I-7 e. f. g. h. II-8
Kaisa Health Group Holdings Limited Mega Medical Technology Limited 876 61-65 20 1. (a) Mega Deluxe Holdings Limited * A 193,000,000 221,732,037 SGM-1
(b) Clarendon House, 2 Church Street 8 Hamilton HM 11, Bermuda 20 2016A 1. 183 22 2. 3. 48 183 22 4. * SGM-2