: 2303 2014
2 3 4 5 14 20 24 31 32 33 35 36 38 80 81
(ACIS, ACS) Appleby Trust (Cayman) Ltd. Clifton House 75 Fort Street P.O. Box 1350 Grand Cayman, KY1-1108 Cayman Islands 183 22 Clifton House 75 Fort Street P.O. Box 1350 Grand Cayman, KY1-1108 Cayman Islands 36 28 18 www.hxgoldholding.com 2303 Somerley Capital Limited Appleby Trust (Cayman) Ltd. 77 835000 2
2303 310210 22 500 15,000 330 78,000170 800 22,824250 3
22,824 803 78,000 4
22,824709.9 19,800,000 90,000,000 24,700,00062%34,000,000 15,8127,012 22,300,0004,300,000 2,400,000 38,300,000 40% 598.2 2,500,000 1,500,000 1,000,000 80% 500,00040% BHS Sonthofen 5
CILCIL CILCIL 150.1 CIL CIL CIL CIL 50 81.3 ppb CIL 1,011900 598.2 6
330.4 CIL 150.1 150.1 138.8 138.8 15.1 15.1 15.1 15.1 11.3 11.3 7
159,817,000 4,480,000 34,007,000 62.2% 159,817,000 4,480,000 135,147,000 24,327,000 24,670,000 19,847,000 23,783,0001,124,000 5% 24,907,000 153,000 17,289,000 3,993,000 EBITDA EBITDA 42,799,000 58,872,000 37,744,000 22,137,000 71% 137,682,000 34,007,000 90,042,000 8
34,007,000 90,042,000 1.3 0.3 1.4 3.9 (67,850) (46,737) (116,492) (159,652) 288,757 197,355 104,415 (9,034) (546) (1,043) 10,354 20,431 114,223 10,354 67,850,000(a) 86,606,000(b) 6,464,000 (c) 2,097,000 116,492,000 (a) 105,000,000(b)55,706,000 (c) 17,674,000 105,162,000 288,757,000(a) 294,483,000(b)150,000,000(c) 157,988,000(d) 43,000,000 (a) 13,482,000(b) 27,770,000(c) 16,893,000 (d) 237,204,000 114,223,000 10,354,000 374,435,000127,441,000 61,513,00061,767,000 9
1.6 231,250,0000.01 6,938,0005,521,000 693,749,9850.01 290 6.95 100 5.24 100,000,000 290,000,000155,507,000137,554,000 137,682,00049,002,000 311 10
2,500,000 2,518 428 2,468 428 50 6,031 7,856 4,650 7,856 1,381 2.40 18.36 0.75 0.78 2,523 257 % 46.9 64.0 22,824 800 18,000,000 69,000,000 2752.2 3,500,000 11
JORC JORC 20,767 0.76 15,797 508 80,130 0.74 59,509 1,913 31,905 0.70 22,423 721 133,077 0.73 97,728 3,142 JORC 7,670 0.71 5,470 176 79,963 0.74 59,553 1,915 87,633 0.74 65,042 2,091 1. 2. JORC 3. a 8%65% b 4530 c 1,350 4. 0.3 5. 500 6. 12
55,700,000 13
3.13 3.10(1) 3.10(2) 3.10A 14
3/3 3/3 3/3 3/3 3/3 3/3 15
11 16
115 B.1.5 1,000,000 5 (i) (ii) (iii) (iv) (v) 17
31 1,179 1,200 400 2,779 23 18
21 28 18 hxgold@xmhxgroup.com 19
54 Tianshan Gold HK100% 2899601899 15 46 Turner Broadcasting International Inc HelloAsia Inc Hartcourt Companies Inc Shine Media Acquisition Corp Sancon Resources Recovery, Inc 600818 Range Resources LtdRRS; AIM RRL 69 20 Kilborn Engineering B C Ltd CSFM Engineering Ltd 20
53 Asia Minerals Corp. American Bonanza Gold Mining Corp. AMP BZA Griffin Mining LtdGFM Turquoise Hill Resources LtdIvanhoe Mines Ltd TRQ Geopulse Exploration, Inc GPLS Norton Gold Fields Limited NGF 1194 FeOre Ltd FEO Minco Silver Corporation MSV 43 370China Shengda Packaging Group Inc. NASDAQ:CPGI 49 600755 600592 600388 21
5817 11 34 002070 ABB 600755 4515 22
48 26 45 20 ACIS ACS3410 23
1 32 80 330.4 69.4%100% 100%100% 20.2%21.6% 52.2%60.1% 5% 14 24
29 35 26 20 23 3.13 25
11 XV (i) XV7 8 (ii) 352(iii) (i) (1) (2) 555,000,000 (L) 60.0% (1) L (2) Gold Virtue Gold Virtue 555,000,000 (ii) Gold Virtue 1 100% (1) Gold Virtue 50% Gold Virtue 26
XV 352 18 18 XV23 336 (1) Gold Virtue (2) 555,000,000 (L) 60.0% (3) 138,750,000(L) 15.0% 138,750,000(L) 15.0% (1) L (2) Gold Virtue Gold Virtue 555,000,000 (3) 138,750,000 XV23 336 22 27
Gold Virtue Mineral Securities Golden Sea Limited (a) (b) 10%92,500,000 1% 28
(1) (2) (3) 33A A 1,000,000 1,000,000 29
14 19 25% 30
32 79 31
5 159,817 4,480 (135,147) (24,327) 24,670 (19,847) 6 1,842 302 7 6,278 (1,154) (153) (24,907) (23,783) (6,134) (3,993) (17,289) 8 (37,744) (22,137) (34,007) (90,042) 9 10 (34,007) (90,042) 12 (4) (15) 32
14 352,248 334,265 15 16,553 16,910 16 83,987 81,998 17 241,388 234,534 1,538 2,470 18 10 1,840 695,724 672,017 15 357 357 19(a) 54,705 13,909 20 15,788 7,379 21 38 22 49,002 19(b) 114,223 10,354 33,607 267,720 31,999 23 50,618 66,875 24(a) 1 24(b) 16,890 25 137,682 26 17,385 10,000 205,685 93,766 62,035 (61,767) 757,759 610,250 33
24(c) 185,543 26 370,000 290,000 27 9,115 1,477 28 4,209 5,789 383,324 482,809 29 7,362 1 367,073 127,440 374,435 127,441 757,759 610,250 32 79 34
1 173,744 19,414 (80,453) 112,706 (90,042) (90,042) 92,668 92,668 i 3,963 3,963 ii 8,146 8,146 1 266,412 31,523 (170,495) 127,441 (34,007) (34,007) 1,840 292,643 294,483 (13,482) (13,482) 5,521 (5,521) 7,362 540,052 31,523 (204,502) 374,435 (i) 24(c) (ii) (iii) 10% 50% 35
(34,007) (90,042) 24,084 7,948 14,621 731 357 354 (104) (29) 6,134 37,744 22,137 350 (8,103) (162) (1,188) (192) (23) 1,626 1,154 35,026 (51,636) 25 (86,606) (13,448) (6,464) (787) 2,097 19,329 (6,000) (61,947) (46,542) (5,903) (195) (67,850) (46,737) 105,162 7,830 1,500 1,188 180 39 (3,470) (16,847) (17,674) (68,745) (49,002) (55,706) (75,589) (105,000) (10) (116,492) (159,652) 36
294,483 92,668 157,988 150,000 421,000 43,000 264,720 16,657 141 (142) (16,718) (1,364) (13,482) (16,893) (27,770) (8,972) (60,000) (121,000) (237,204) (451,000) 288,757 197,355 104,415 (9,034) 10,354 20,431 (546) (1,043) 114,223 10,354 37
1. Gold Virtue Limited 36 2. 10 12 27 32 36 39 21 38
2. 9 1 14 2 15 3 1 5 16 5 38 16 5 41 19 4 27 5 10 5 28 10 5 12 28 11 5 6 4 5 1 2 3 4 5 6 39
2. 9 9 9 9 a b 9 39 9 9 39 9 39 9 40
2. 15 15 1518 11 15 15 15 15 15 15 3. 41
3. 2 17 2 36 42
3. 43
3. 44
3. 45
3. 36 46
3. 47
3. 48
3. 49
3. 39 50
3. 51
4. 3 (i) (ii) (iii) (iv) (v) 83,987,000 81,998,000 52
4. 28 352,248,000 334,265,000 14 5. 158,285 4,480 1,532 159,817 4,480 158,285,000 4,480,000 110,852,000 4,480,00010% 53
6. 1,188 300 27 192 23 162 279 1,842 302 7. 104 29 162 25 8,103 21 (350) (1,626) (1,154) (115) (29) 6,278 (1,154) 54
8. 8,661 28,039 20,992 1,517 5,542 6,077 1,492 28 522 686 37,744 35,784 (10,492) (3,155) 37,744 22,137 6.40% 55
9. 25% (34,007) (90,042) 25% (8,502) (22,511) (253) (36) 3,355 7,773 5,400 14,774 135,202,000 113,602,000113,602,000 113,602,000 21,600,000 56
10. 11 1,542 990 25,869 17,430 1,434 747 28,845 19,167 (790) (4,406) (398) 27,657 14,761 24,084 9,504 (1,556) 24,084 7,948 14,621 731 357 354 39,062 9,033 135,147 3,437 1,600 90 94 86 57
11. (a) i 18 1,081 1,099 238 238 75 75 75 75 55 55 205 18 1,319 1,542 i 666 666 ii 250 250 ii 37 37 ii 37 37 iii 74 916 990 58
11. (a) (i) (ii) (iii) (b) (a) 817 978 9 16 826 994 1,000,000 12. (34,007) (90,042) 831,233 582,243 59
12. 693,749,98529 13. 14. 33,285 24,799 3,956 87 1,482 191,152 254,761 13 514 658 1,240 100,950 103,375 41,555 242,938 185 1,583 (286,261) (9,712) (103) (6) (9,821) 74,853 242,938 15,786 3,853 745 4,299 5,841 348,315 621 910 2,803 1,530 82 909 35,288 42,143 2,504 20,924 3,229 3,000 (29,657) (34) (518) (60) (110) (722) 77,978 264,772 21,784 4,865 767 8,098 11,472 389,736 1,454 3,097 1,594 11 886 7,042 2,468 4,149 1,782 659 17 429 9,504 (2,429) (61) (6) (2,496) 3,922 4,149 2,450 2,192 28 1,309 14,050 3,919 16,595 1,613 648 146 1,163 24,084 (4) (492) (54) (96) (646) 7,841 20,744 4,059 2,348 120 2,376 37,488 70,137 244,028 17,725 2,517 647 5,722 11,472 352,248 70,931 238,789 13,336 1,661 717 2,990 5,841 334,265 60
14. 20 5 20 10 4 5 3 29,552,000 155,507,000 162,003,000 15. 357 357 16,553 16,910 16,910 17,267 16. 81,998 68,383 1,989 19,749 (6,134) 83,987 81,998 61
16. 17. 138,246 1,992 13,294 12,988 166,520 3,134 3,992 55,916 5,703 68,745 141,380 5,984 69,210 18,691 235,265 3,801 4,228 13,446 21,475 141,380 9,785 73,438 32,137 256,740 333 9 157 232 731 333 9 157 232 731 3,493 261 9,406 1,461 14,621 3,826 270 9,563 1,693 15,352 137,554 9,515 63,875 30,444 241,388 141,047 5,975 69,053 18,459 234,534 62
17. 137,554,000 141,047,000 18. 1,830 10 10 10 1,840 19. (a) 4,729 3,417 16,788 12,527 1,011 20,661 9,481 54,705 13,909 (b) 33,607,000 1 63
20. 3,748 2,952 1,905 3,658 i 2,718 ii 2,894 4,523 769 15,788 7,379 (i) (ii) 21. 38 239.50 247.40 16011,000 350,000 64
22. % % 0.001~3.80 0.001~0.35 60,905 770 710 3,016 61,615 3,786 23. 12,805 5,516 25,157 43,235 237 1,718 1,324 11,813 3,263 416 3,966 1,432 3,866 2,745 37,813 61,359 50,618 66,875 0 30 4,819 4,500 31 60 3,425 169 60 4,561 847 12,805 5,516 65
24. (a) 1 (b) 16,890 (c) 185,543 20% 5.12% 66
25. 181 5.20% 3645.20%3293.80% 33,607,00049,002,000 45,810,000 8,103,000 26. 287,286 300,000 100,099 387,385 300,000 17,385 10,000 150,000 20,000 220,000 190,000 80,000 387,385 300,000 17,385 10,000 370,000 290,000 % % 6.95 7.18 5.24% 67
27. 1,477 7,830 1,500 (192) (23) 9,115 1,477 28. 5,789 1,992 3,801 3,306 522 686 (5,903) (195) 4,209 5,789 68
29. 0.01 i 38,000,000 380 ii 1,962,000,000 19,620 2,000,000,000 20,000 i 10 i 5 15 iii 924,999,985 9,250 925,000,000 9,250 7,362 1 (i) 380,00038,000,000 0.01 0.01 Gold Virtue LimitedGold Virtue Gold Virtue 7 Neo Aik Lip 2 20%27,470,000173,745,000 2 Gold Virtue412,000,00074,134,000 3,000,00018,534,000 (ii) 1,962,000,0000.01 380,00020,000,000 (iii) 1.601.273 231,250,0000.016,938,000 5,521,000693,749,9850.01 (iv) 69
30. 51,296 62,165 253 240 51,549 62,405 31. 47 49 32. 12% 20% 1,452,000 747,000 70
33. (a) 24 (b) 2,596 16,347 (c) 2,545 2,241 31 24 2,576 2,265 34. 71
35. (a) 38 173,370 11,133 173,408 11,133 430,874 566,148 137,682 568,556 566,148 (b) (i) 72
35. (b) (i) 60,905 770 710 3,016 277 298 616 11,871 5%5% 5% 5% 5% 5% 5% 3,031 24 5% (3,031) (24) 5% 5 (443) 5% (5) 443 73
35. (b) (ii) 26 22 24(c)26 50 50 50 5050 865,000865,000 1,467,0001,467,000 (iii) 21 25 10% 3,882,000 10% 3,361,000 74
35. (b) % 31,228 12,261 43,489 43,489 6.95 5,042 34,715 312,142 351,899 287,286 5.24 1,311 4,005 101,194 106,510 100,099 37,581 50,981 413,336 501,898 430,874 143,632 143,632 137,682 54,145 9,569 63,714 63,714 1 1 1 16,890 16,890 16,890 6.40 214,877 214,877 185,543 7.18 5,385 26,289 272,686 81,229 385,589 300,000 76,421 35,858 487,563 81,229 681,071 566,148 75
35. (c) (i) 38 137,682 (ii) 76
36. Golden Planet Investments Limited Tianshan Gold Securities (Hong Kong) Limited i 3 100% 100% 117,000,002 100% 100% 500,000 100% 100% ii 51,500,000 100% 100% (i) (ii) 77
37. 190,657 127,220 191,119 11 381,776 127,231 4,724 1,982 889 12,012 77 3,299 889 15,388 3,835 (13,406) 385,611 113,825 7,362 1 378,249 113,824 385,611 113,825 78
37. 173,744 (77,510) 96,234 92,668 92,668 (75,078) (75,078) 266,412 (152,588) 113,824 292,643 292,643 (5,521) (5,521) (13,482) (13,482) (9,215) (9,215) 540,052 (161,803) 378,249 79
264,513 525,507 704,016 963,444 259,970 412,801 576,575 589,009 4,543 112,706 127,441 374,435 4,543 112,706 127,441 374,435 4,480 159,817 (5,496) (44,214) (90,042) (34,007) (5,496) (44,214) (90,042) (34,007) 80
3.21 3.22 CIL 22 Gold Virtue 14 Gold Virtue Gold Virtue Limited Tianshan Gold HK93.6% 6.4% 81
10 A.5.1 A.5.2 3.25 3.26 0.01 Tianshan Gold HK Tianshan Gold Securities (Hong Kong) Limited Golden Planet 99.34% 0.66% % 82