Dali Foods Group Company Limited [ ] [ ] [ ] : [ ][ ] [ ] : [ ][ ] [ ] : [ ][ ] [ ] [ ] : [ ] [ ] : [ ] : [ ] [ ] [ ] [ ] 32342C [ ] [ ][ ][ ][ ] [ ]

Dali Foods Group Company Limited (a) (b) (c) (d) (e) (f) (g) (h) (i) 1933 (j) (k)

Dali Foods Group Company Limited [ ] [ ] [ ] : [ ][ ] [ ] : [ ][ ] [ ] : [ ][ ] [ ] [ ] : [ ] [ ] : [ ] : [ ] [ ] [ ] [ ] 32342C [ ] [ ][ ][ ][ ] [ ] [ ][ ][ ][ ] [ ] [ ] [ ] [ ][ ] [ ][ ] [ ] [ ] [ ] [ ][ ] [ ][ ] [ ][ ][ ] [ ] [ ] [ ] [ ] [ ]http://www.dali-group.com [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ][ ] [ ] [ ][ ] [ ] [ ] [ ]

[ ]

[ ]

[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] [ ][ ] [ ] [ ] [ ] [ ] [ ]... i... iii... 1... 13... 26... 28 [ ]... 54 [ ]... 57 [ ]... 60... 65

... 67... 84... 102... 119... 181... 237... 241... 251... 254... 255... 268 [ ]... 270 [ ]... 280 [ ]... 291... I-1... II-1... III-1... IV-1... V-1

[ ] [ ] [ ][ ] [ ][ ][ ] 54.6% 25.6% 33.5% 15 17.4% 49.8% 73.1% 692.6 71.9% 1,190.874.4% 2,076.7 1,034.5 46.6%1,517.1

... 4,216 39.0 5,000 39.0 5,726 38.4 2,748 37.2 3,003 35.3... 1,115 10.3 1,267 9.9 1,512 10.2 674 9.1 931 11.0... 988 9.1 1,148 8.9 1,257 8.4 559 7.6 700 8.2... 6,319 58.4 7,415 57.8 8,495 57.0 3,981 53.9 4,634 54.5... 2,046 18.9 2,119 16.5 2,372 15.9 1,349 18.3 1,448 17.0... 1,240 11.5 1,691 13.2 1,816 12.2 857 11.6 1,032 12.1... 394 3.1 794 5.3 490 6.6 637 7.5... 1,207 11.2 1,208 9.4 1,417 9.6 711 9.6 754 8.9... 4,493 41.6 5,412 42.2 6,399 43.0 3,407 46.1 3,871 45.5... 10,812 100.0 12,827 100.0 14,894 100.0 7,388 100.0 8,504 100.0 % % % % %... 1,041 16.5 1,478 19.9 2,258 26.6 969 24.3 1,350 29.1... 742 16.5 1,110 20.5 1,741 27.2 965 28.3 1,494 38.6... 1,783 16.5 2,588 20.2 3,999 26.8 1,934 26.2 2,844 33.4... 693 6.4 1,191 9.3 2,077 13.9 1,035 14.0 1,517 17.8

... 408,201 483,518 508,629 240,718 264,295... 1,358,254 1,510,692 1,634,404 885,743 984,388... 1,766,455 1,994,209 2,143,033 1,126,461 1,248,683... 15,480 15,335 16,703 16,538 17,532... 3,308 3,583 3,915 3,847 3,932... 6,121 6,432 6,950 6,559 6,811 58.4% 57.8% 57.0% 54.5% 41.6% 42.2% 43.0% 45.5% 17.4%

本文件為草擬本 所載資料並不完整並可作出更改 本文件所載資料須與本文件首頁 警 告 一節一併閱讀 概 要 我們的六個核心產品類別包括以下各項 產品類別 品牌標誌 樣品圖片 食品 糕點類... 品牌及主要產品 市場 份額排名 (1) 我們的 市場份額 (1) (%) 上市年份 (2) 截至 截至 二零一四年 二零一九年 十二月三十一日 十二月三十一日 止年度 止年度預期 佔銷售的 市場規模 (3) 百分比(%) 人民幣10億元 二零一四年至 二零一九年 市場規模 預期複合年 增長率 (3) (%) 達利園 蛋黃派 軟麵包 瑞士卷 蛋糕 牛角包 #1 21.9 二零零二年 38.4 102.4 13.1 薯類膨化 食品... 可比克 薯片 薯條 土豆泡 #3 15.1 二零零三年 10.2 42.0 15.7 餅乾... 好吃點 香脆餅 丹麥黃油曲奇 #2 4.9 二零零四年 8.4 87.7 10.5 和其正 即飲涼茶 #3 9.9 二零零七年 15.9 104.3 15.4 複合蛋白 達利園 #2 16.3 二零一零年 9.6 45.9 18.1 飲料... 花生牛奶 功能飲料... 樂虎 功能飲料 #3 5.3 二零一三年 5.3 101.3 21.8 87.9 483.4 15.3 飲料 涼茶... 總計... 附註 (1) 根據弗若斯特沙利文的報告 我們各有關產品類別的市場份額按截至二零一四年十二月三十一 日止年度零售額計算 (2) 為有關品牌或產品類別第一款產品上市的年份 (3) 根據弗若斯特沙利文的報告 進一步詳情請參閱分別自本文件第73頁及第129頁起 行業概覽 競爭格局 及 業務 我們的品牌及產品 等節 銷售及經銷網絡 我們擁有龐大的全國性銷售及經銷網絡 深入滲透中國市場 覆蓋中國所有省份內最 大城市市區至縣 鄉鎮及村落 我們主要透過四個銷售渠道 傳統渠道 現代零售渠道 特通渠道及電商渠道向經銷商 直營商超及電商客戶銷售我們的休閒食品及非酒精飲料產 4

3,951 34 %... 10,690 98.9 12,575 98.0 14,487 97.3 16.4 7,194 97.4 8,186 96.3 (1)... 107 1.0 245 1.9 388 2.6 90.6 191 2.6 298 3.5 (2)... 15 0.1 7 0.1 19 0.1 10.4 3 0.0 20 0.2... 10,812 100.0 12,827 100.0 14,894 100.0 17.4 7,388 100.0 8,504 100.0 (1) (2) 138

16 32 550 777,7003,424,300 149 52.6% 52.3% 50.4% 51.1% 28.6% 28.9% 29.2% 28.3% 166

... 10,812,041 12,827,020 14,894,003 7,388,120 8,504,456... (9,028,671) (10,239,151) (10,895,178) (5,453,671) (5,660,847)... 1,783,370 2,587,869 3,998,825 1,934,449 2,843,609... 51,580 67,189 114,093 52,921 129,867... (732,388) (845,937) (1,097,599) (479,663) (908,076)... (179,948) (223,416) (253,791) (129,872) (173,994)... 922,614 1,585,705 2,761,528 1,377,835 1,891,406... (230,026) (394,928) (684,812) (343,309) (374,345)... 692,588 1,190,777 2,076,716 1,034,526 1,517,061... 1,904,251 2,170,604 2,004,086 3,010,507... 2,594,947 3,211,816 6,128,983 4,470,501... (690,696) (1,041,212) (4,124,897) (1,459,994)... 3,996,781 4,238,706 816,716 3,457,055... 3,830,454 4,032,602 550,201 3,192,046... 3,830,454 4,032,602 550,201 3,192,046 (1)... 16.5% 20.2% 26.8% 26.2% 33.4% (2)... 6.4% 9.3% 13.9% 14.0% 17.8% (3)... 19.9% 30.3% 90.6% (4) (4) (5)... 11.1% 17.0% 28.9% (4) (4)

(6)... 0.73 0.68 0.33 0.67 (7)... 0.27 0.33 0.15 0.51 (1) 100% (2) 100% (3) 100% (4) (5) 100% (6) (7) [ ] [ ] Divine Foods [ ] [ ]% [ ] [ ]% [ ] Divine Foods Divine Foods-1 Divine Foods-2 Divine Foods-3 50% 10% 40% Divine Foods-1 Divine Foods-2 Divine Foods-3 [ ] [ ]% [ ]Divine Foods Divine Foods-1 Divine Foods-2 Divine Foods-3 [ ] 238 [ ]CDH Delicacy [ ][ ] [ ]% [ ] [ ]% [ ] 111 [ ] 41.2 600.0 160.0

30% 15 4.365% 15.9% I-1 [ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] (i) (ii) (iii) (iv) [ ]

28 [ ] 177 [ ] [ ] [ ] [ ] [ ] [ ] (2)... [ ] [ ] [ ] (3)... [ ] [ ] (1) [ ] (2) [ ] [ ][ ] [ ] [ ] (3) [ ] [ ] [ ] [ ][ ][ ][ ] [ ] (i)[ ] [ ] (ii)[ ] [ ][ ][ ]

[ ][ ] [ ]% [ ][ ] [ ]% [ ][ ] [ ]% [ ][ ] [ ]% [ ][ ] [ ]% [ ][ ]

[ ] [ ] [ ] V(t 0 ) V(t n ) t n -t 0 [ ] A. 3. [ ] 22 [ ]

[ ] CDH Delicacy CDH Delicacy Holdings Limited [ ]3% CDH Delicacy (HK) CDH Delicacy (HK) Limited CDH Delicacy 1% CDH CDH Delicacy CDH DelicacyCDH Delicacy 300 1.00 [ ]

622 32 [ ] [ ] Divine Foods Divine Foods-1 Divine Foods-2 Divine Foods-3 [ ] BVI Dali Foods Holdings Limited

Divine Foods Divine Foods Limited Divine Foods-1 Divine Foods-1 Limited Divine Foods-2 Divine Foods-2 Limited Divine Foods-3 Divine Foods-3 Limited DTZ 55% 15% 30%

[ ] [ ] [ ] GMP [ ] HACCP [ ]

[ ] [ ] [ ] [ ]

[ ] [ ]

[ ] [ ] [ ] [ ] [ ]

[ ] PET

[ ] CDH DelicacyCDH 300 [ ] [ ] [ ] [ ] [ ] [ ]

571 0.01 CDH Delicacy[ ] D. OK SSOP HACCP

[ ] [ ] [ ] [ ] [ ] [ ] [ ]

%

[ ] [ ] [ ] [ ] [ ] (i) (ii) (iii) (iv) [ ]

312.4 395.5 483.7 457.5

81.2% 81.3% 79.6% 79.4%

6,475 4,0235,288 10,985 6,888

1

3,900 98.9% 98.0% 97.3% 96.3%

10,812.0 18.6% 12,827.016.1% 14,894.0 7,388.1 15.1%8,504.5 692.6 71.9% 1,190.874.4% 2,076.7 1,034.5 46.6%1,517.1

690.7 1,041.2 4,124.9 1,460.0 1,258.3 118 26 24

26

SARSH1N1 H7N9 H10N8

25 262,402.60 54 3,117,191.23 54 92,257 3.0%

ISO 9001:2008 ISO 22000:2005 236,914

PET GMP

7.7% 7.7% 7.4%

25% 15% 21.1 27.8 44.2 102.5 10% 50%

[ ] 7 698 698 698 7 7 10% 7 (i) [ ] (ii) 7 [ ] [ ]

25% [ ] 25% 10% 20% [ ] [ ] [ ] [ ] (i) (ii) 10% 25% 5% 5% 5% 37

37 37 37 [ ] [ ] [ ]

[ ]

[ ] [ ] [ ][ ] [ ][ ][ ] [ ][ ] [ ][ ] [ ][ ] [ ][ ] [ ] [ ] [ ] [ ][ ] [ ][ ][ ]

[ ][ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] [ ] [ ]%[ ] [ ] [ ] [ ] [ ]CDH Delicacy [ ] [ ]CDH Delicacy[ ] [ ] [ ] [ ]

[ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] [

] [ ] [ ] [ ] [ ] [ ]

[ ] [ ] [ ] [ ][ ]

[ ] [ ][ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][][ ][ ] 3 [ ] [ ] 3 [ ] [ ] [ ][ ]

[ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] (a) [ ] [ ] (b) [ ] (c) [ ] (d) [ ][ ] (e) [ ] (f) [ ] [ ] [ ] [ ] [ ] 25% [ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] [ ][ ][ ] [15]%

[ ] [ ] [ ] [ ] [ ] [ ]15% [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] [ ][[ ]] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] 777 441 777 7 75 2607

[ ] 6 1504 18 901 11 27 G

[ ] 2 55 1 46 [ ]

[ ] 1 22 500 37 77 3 34 100025 99 53 [ ]

[ ] 500 A 2802-2803 [ ]

Maples Corporate Services Limited PO Box 309, Ugland House Grand Cayman, KY1-1104 Cayman Islands 183 54 http://www.dali-group.com 183 54 183 54

[ ] 181 27 1 3 39

[ ] 1.15 40 2,000 [ ]

63.65 93.32 8.0%

PET KTV PET 11.4% 15,54424,175 9.2% 1,917 3,481

12.7% 5,986 11.5%... 66.2 119.4 196.6 12.5% 10.5%... 29.1 55.2 102.4 13.6% 13.1%... 30.4 53.1 87.7 11.8% 10.5%... 19.2 36.5 64.5 13.7% 12.0%... 9.7 20.2 42.0 15.9% 15.7%... 15.0 25.5 40.8 11.2% 9.9%... 22.1 38.2 64.6 11.4% 11.1% 16.7% 9,626 31.6% 23.8% 22.7%

... 97.1 200.4 359.9 15.6% 12.4%... 76.5 182.6 346.2 19.0% 13.7%... 38.8 103.8 190.6 21.8% 12.9%... 98.8 139.4 169.0 7.1% 3.9%... 24.0 69.6 160.8 23.8% 18.2%... 33.5 78.2 125.0 18.5% 9.8%... 18.3 50.9 104.3 22.7% 15.4%... 39.0 77.6 104.0 14.7% 6.0%... 9.6 37.8 101.3 31.6% 21.8%... 7.0 16.1 31.4 18.3% 14.2%... 2.7 6.2 9.5 18.1% 8.9% 17,175 28,84410.9% 5,153 9,892 13.9% 143.7 254.512.1%333.6 703.716.1%

PET 6.3% 5.8% 60.1% 46.5% 68.2% 52.0%

(1) (2) (3) 11.8% 13.1% 567 1,360 19.1%

30% 60% 55% 45% 2.4% 5.1% 15 1 A 7.5% 2 B 6.8% 3 C 5.3% 4 D 3.2% 5 E 2.7% 6 2.4% 1 A 5.2% 2 5.1% 3 B 3.8% 4 C 3.4% 5 D 3.1%

13.6%552 13.1% 1,024 7 61829732... 29.1 55.2 102.4 13.6% 13.1%... 7.5 13.4 21.6 12.3% 10.1%... 6.3 11.9 21.3 13.4% 12.4%... 4.4 8.4 15.3 13.7% 12.7%... 4.1 7.3 12.6 12.3% 11.5%... 0.5 2.8 10.0 40.5% 28.8%... 0.4 1.3 4.0 24.6% 25.8% 253 40 21.9% 1 21.9% 2 A 6.3% 3 B 5.0% 4 C 4.9% 5 D 3.7%

2 29282025 15.9% 97 202 15.7%420... 9.7 20.2 42.0 15.9% 15.7%... 8.1 16.9 34.5 15.8% 15.4%... 1.6 3.4 7.5 16.3% 17.2% 72.1% 15.1% 1 A 25.8% 2 B 17.7% 3 15.1% 4 C 8.5% 5 D 5.0%

304 531 11.8%10.5% 877 6 2239 3516... 30.4 53.1 87.7 11.8% 10.5%... 11.1 16.9 25.2 8.9% 8.4%... 5.4 11.2 21.1 15.8% 13.6%... 6.9 11.8 17.5 11.3% 8.3%... 2.5 6.1 13.1 19.5% 16.6% 169 8.4% 252 6116.6% 131 112 13.6% 211 30% 4.9% 1 A 12.6% 2 4.9% 3 B 4.9% 4 C 4.0% 5 D 3.6%

22.7% 183 509 15.4% 1,043 PET... 18.3 50.9 104.3 22.7% 15.4%... 15.5 43.6 88.1 22.9% 15.1% PET... 2.8 7.3 16.2 21.4% 17.1% 436 85.6% 15.1%PET PET 73 17.1% 9.9%480 310 PET 1 A 53.1% 2 B 28.0% 3 9.9% 4 C 0.7% 5 D 0.5%

23.8% 239 696 18.2% 1,608 22.2%14.5%... 23.9 69.6 160.8 23.8% 18.2%... 16.4 49.6 114.9 24.7% 18.3%... 7.5 20.0 45.9 21.6% 18.1% 496 71.3% 200 28.7% 18.1% 56.3% 4.7% 1 A 23.0% 2 B 11.0% 3 C 10.4% 4 D 7.2% 5 4.7%

13.3%16.3% 1 A 36.2% 2 16.3% 3 B 3.3% 5 29191319 1691 5 70% Monster 5% Monster Monster 39% 43% 96239 21.8%1,013 PET... 9.6 37.8 101.3 31.6% 21.8%... 9.1 33.9 87.5 30.2% 20.9% PET... 0.5 3.9 13.8 48.9% 28.8%

89.7% PET 48.9% 28.8% 90.8% 5.3% 1 A 76.4% 2 B 5.7% 3 5.3% 4 C 2.6% 5 D 0.8%

3,680 5,288 5,120

PET PET PET PET 6,888 12 1,200

2015 8 31 2015 10 1 30

2,00050,000 10,000 10,000 10,000

10,000100,000 150,000 124 1,000 (GB5749-2006) (i)(ii) (iii) (iv) (v) (vi) (vii)

(i) (ii)(iii) (iv) (v) (vi)(vii) (i) (ii) (iii) (iv) (v)(vi)

(i) (ii) (iii) (iv) (v) (vi) (vii) (viii)

2

GMPGMP

59 358

(1) (2) (3) (4) (5) (6) (7) 5 [2009]81 (1) (2) (3)(4) (5)

.cn

142 142 142 19142 19

10% 50% 37 37 75 37 37 37 13 37

25% 25% 10% 25% 5% 25% 10%

(1) (2) (3)12

0.05% (i) (ii) 11

[ ] 26

600 PET 500 16

100,000 1,500,000 60% 40% 18.5 58% 42% 20

8.40 20 60 67.44% 23.00% 9.56% 80 16 18 1,650 55% 15% 30% [ ]

... 950... 91... 209... 100... 190... 105... 209... 160... 105... 110... 150... 140... 200... 200... 100... 80... 10

35 5 11 99.5 133.60 90.94 15 5.6 67.80 79.50

58.14 12... 37.5% 62.50% 100% 45.00... 47.22% 52.78% 100% 85.00... 48.15% 51.85% 100% 65.00... 49% 51% 100% 51.45... 49% 51% 100% 49.00... 49% 51% 100% 66.64... 49% 51% 100% 93.10... 49% 51% 100% 53.90... 46.66% 53.34% 100% 70.00... 49% 51% 100% 51.45... 49% 51% 100% 102.41... 49% 51% 100% 102.41

[ ] CDH Delicacy (HK) CDH Delicacy CDH Delicacy (HK)1%812,978.52 CDH Delicacy (HK) 81.33 Divine FoodsDivine Foods 50% 10% 40% 50,000 50,000 1.00 Divine Foods (BVI) (BVI)

CDH Delicacy (HK) CDH Delicacy (HK) 78,920,000 17 17 2,497,510,110.53 17 2,576,430,110.53 2,575,640,910.53 789,200 CDH Delicacy (HK) 17

[ ] CDH Delicacy CDHCDH 11.1CDH Delicacy300 1.00 CDH [ ] CDH Delicacy CDH 3% CDH Delicacy [ ] [ ] [ ] (1) [ ] [ ] [ ]% 3.0% [ ]% [ ] [ ] (1) [ ] [ ] [ ]

[ ] CDH Delicacy (i)[ ] (ii) (iii) CDH Delicacy CDH Delicacy CDH Delicacy (i) CDH Delicacy (ii) 60CDH Delicacy (iii) 60CDH Delicacy (iv) 30CDH Delicacy CDH Delicacy CDH CDH Delicacy CDH Delicacy

CDH Delicacy CDH Delicacy CDH Delicacy CDH Delicacy [ ]50% CDH Delicacy CDH Delicacy CDH Delicacy CDH Delicacy (i) CDH (ii) (iii) [ ] CDH Delicacy 100 100 100 CDH CDH Delicacy

[ ] CDH Delicacy CDH Delicacy CDH Fund V, L.P. 59.5% 40.5% CDH Fund V, L.P. CDH V Holdings Company Limited China Diamond Holdings Company LimitedChina Diamond Holdings Company Limited CDH CDH Delicacy [ ] [ ] (i) CDH Delicacy [ ] (ii) CDH (iii)cdh Delicacy [ ] CDH Delicacy [ ] (i)[ ] [ ] [ ] [ ] 28 (ii) CDH Delicacy [ ] CDH Delicacy [ ] [ ] [ ] [ ] [ ] [ ] [ ]

[ ] [ ] (i) CDH Delicacy CDH Delicacy CDH Fund V, L.P. 59.5% 40.5% CDH Fund V, L.P. CDH V Holdings Company Limited China Diamond Holdings Company Limited

[ ] [ ][ ] (i) CDH Delicacy CDH Delicacy CDH Fund V, L.P. 59.5% 40.5% CDH Fund V, L.P. CDH V Holdings Company Limited China Diamond Holdings Company Limited

37 377537 37 37 37 (i) (ii) 11 CDH Delicacy1% 1% 1% 1%

(99%) CDH Delicacy(1%) CDH Delicacy 1%

本文件為草擬本 所載資料並不完整並可作出更改 本文件所載資料須與本文件首頁 警 告 一節一併閱讀 業 務 概覽 我們是中國領先的品牌休閒食品及飲料公司 擁有豐富 多品牌的產品組合 專注於 高增長的產品類別 我們不斷成功推出新產品的能力是令我們成為業內領先者的關鍵 截 至二零一二年 二零一三年及二零一四年十二月三十一日止年度 我們的新產品銷售分別 佔我們的總收益54.6% 25.6%及33.5% 得益於我們強大的產品創新實力 廣泛覆蓋全國 且深入滲透中國市場的銷售及經銷網絡 全國戰略性部署的工廠 家喻戶曉的知名食品及 飲料品牌以及經驗豐富和高效的管理團隊 我們已經建立了卓越且豐富的產品和品牌組 合 我們擁有六個核心產品類別 即糕點類 薯類膨化食品 餅乾 涼茶 複合蛋白飲料 及功能飲料 根據弗若斯特沙利文的報告 截至二零一四年十二月三十一日止年度 上述 產品類別的零售額均超過人民幣15億元 且在其產品類別中均佔據領先的市場地位 六個 核心產品類別包括 產品類別 食品 糕點類... 品牌標誌 樣品圖片 市場 份額排名 (1) 品牌及主要產品 我們的 市場份額 (1) (%) 上市年份 (2) 截至 截至 二零一四年 二零一九年 十二月三十一日 十二月三十一日 止年度 止年度預期 佔銷售的 市場規模 (3) 百分比(%) 人民幣10億元 二零一四年至 二零一九年 市場規模 預期複合年 增長率 (3) (%) 達利園 蛋黃派 軟麵包 瑞士卷 蛋糕 牛角包 #1 21.9 二零零二年 38.4 102.4 13.1 薯類膨化 食品... 可比克 薯片 薯條 土豆泡 #3 15.1 二零零三年 10.2 42.0 15.7 餅乾... 好吃點 香脆餅 丹麥黃油曲奇 #2 4.9 二零零四年 8.4 87.7 10.5 和其正 即飲涼茶 #3 9.9 二零零七年 15.9 104.3 15.4 複合蛋白 飲料... 達利園 花生牛奶 #2 16.3 二零一零年 9.6 45.9 18.1 功能飲料... 樂虎 功能飲料 #3 5.3 二零一三年 5.3 101.3 21.8 87.9 483.4 15.3 飲料 涼茶... 總計... 附註 (1) 根據弗若斯特沙利文的報告 我們各有關產品類別的市場份額按截至二零一四年十二月三十一 日止年度零售額計算 (2) 為有關品牌或產品類別第一款產品上市的年份 (3) 根據弗若斯特沙利文的報告 119

16 3,951 16 32 10,812.0 18.6% 12,827.016.1% 14,894.07,388.1 15.1%8,504.5 692.6 71.9% 1,190.8 74.4% 2,076.7 1,034.5 46.6%1,517.1 1. 15 2,37315.3%

10 PETPET

2. 27 18 54.6% 25.6% 33.5% 10 10 10 (1)...... PET......... (1)

600PET310 480 PET PET 3. 3,951

10,100 10 49.9% 14.0% 12,579 4. 16 32 2.2%

550 3,206.1 689,000 3,207,000 1,200 18 5. 25

13 6. 20 149

1. 2.

3. 4.

58.4% 57.8% 57.0% 54.5% 41.6% 42.2% 43.0% 45.5% 17.4% 2718 9 54.6% 25.6% 33.5% 166

... 4,216 39.0 5,000 39.0 5,726 38.4 2,748 37.2 3,003 35.3... 1,115 10.3 1,267 9.9 1,512 10.2 674 9.1 931 11.0... 988 9.1 1,148 8.9 1,257 8.4 559 7.6 700 8.2... 6,319 58.4 7,415 57.8 8,495 57.0 3,981 53.9 4,634 54.5... 2,046 18.9 2,119 16.5 2,372 15.9 1,349 18.3 1,448 17.0... 1,240 11.5 1,691 13.2 1,816 12.2 857 11.6 1,032 12.1... 394 3.1 794 5.3 490 6.6 637 7.5... 1,207 11.2 1,208 9.4 1,417 9.6 711 9.6 754 8.9... 4,493 41.6 5,412 42.2 6,399 43.0 3,407 46.1 3,871 45.5... 10,812 100.0 12,827 100.0 14,894 100.0 7,388 100.0 8,504 100.0 PET 600

480 (1)... 13 2.0-50.0 6... 5 1.0-10.0 10... 17 1.0-108.0 10-18... 4 3.5-50.0 12-24... 8 2.0-50.0 9-18... 2 4.0-60.0 12-18... 10 2.0-45.0 9-24

(1) (1) (1) 793.3 101.4% 380 PET

(1) (1) 250 25.8% (480ml) 800 17.2% 16.6% 150 (1)

21.9% 39.0% 39.0% 38.4% 35.3% 15.1%

17.2% 10.3% 9.9% 10.2% 11.0% 14 16.6% 112 13.6% 9.1% 8.9% 8.4% 8.2% PET350380500550600 1.5240250310360480 250

PET 509 1,043 15.4% PET 1.5 600310 480 PET 18.9% 16.5% 15.9% 17.0% PET 8741,512 31.5%

11.5% 13.2% 12.2% 12.1% 7.2% 9.4% 9.6% 10.0% PET 380 PET250 PET250 793.3 101.4% 3.1% 5.3% 7.5%

11.2% 9.4% 9.6% 8.9%

17 1710,100 3,951

97.3% %... 10,690 98.9 12,575 98.0 14,487 97.3 16.4 7,194 97.4 8,186 96.3 (1)... 107 1.0 245 1.9 388 2.6 90.6 191 2.6 298 3.5 (2)... 15 0.1 7 0.1 19 0.1 10.4 3 0.0 20 0.2... 10,812 100.0 12,827 100.0 14,894 100.0 17.4 7,388 100.0 8,504 100.0 (1) (2) 2.0% 2.1% 2.5% 2.4% 0.5% 0.5% 0.7% 0.6% 5%

3,951 (i) (ii) (iii) (iv)(v)... 3,467 3,587 3,706 3,715... 436 324 351 358... 316 205 342 122... 120 119 9 236... 3,587 3,706 3,715 3,951 (i) (ii) (iii)

30 30

3.0%

34 400 106.7 245.1 387.6 298.0

30 90 1 20

312.4 395.5 483.7 457.5 2.9% 3.1% 3.2% 5.4% 16 30 550 2.2%

14371 777,700 16176 PET 3,424,300

(1) (2) (1) (2) (1) (2) (3) (2) (%) (%) (%) (%)... 221 371,028 299,019 80.6 240 439,248 352,587 80.3 260 499,968 375,454 75.1 273 546,388 192,317 70.4... 41 49,680 36,724 73.9 41 54,720 40,842 74.6 57 57,820 46,419 80.3 63 76,560 26,600 69.5... 35 98,752 73,862 74.8 35 120,192 85,423 71.1 43 132,032 90,075 68.2 44 154,752 42,308 54.7... 297 519,460 409,605 78.9 316 614,160 478,852 78.0 360 689,820 511,948 74.2 380 777,700 261,225 67.2 PET... 73 2,046,000 1,177,538 57.6 78 2,288,917 1,189,352 52.0 81 2,488,200 1,187,673 47.7 83 2,556,400 789,806 61.8... 10 233,200 184,211 79.0 11 235,583 221,767 94.1 23 497,750 312,036 62.7 24 633,600 116,036 36.6 (4)... 63 18,425 3,337 18.1 63 207,900 104,868 50.4 67 221,100 143,377 64.8 71 234,300 73,048 62.4... 146 2,297,625 1,365,086 59.4 152 2,732,400 1,515,987 55.5 171 3,207,050 1,643,086 51.2 178 3,424,300 978,890 57.2 (1) (i) (ii) (x)(y) (z) 12 288 264 20 (2) 288 264 20 57.2%

(3) (1) (4) 50.4% 64.8%

30 10 GEA 21 Horyang 480Horyang310 480 30% 13 PET

PET

400

21,120 107,800[ ] 1,200 10 ISO

ISO 9001:2008 ISO 22000:2005 ISO ISO 22000: 2005 ISO 9001: 2008

GMP

ISO 9001:2008 ISO 22000:2005

24

18 ISO 22000:2005 (1) GMP(SSOP) (2) HACCPHACCP HACCP HACCP HACCP HACCP (3) (4)

(i) (ii) (iii)(iv) (i) (ii) (iii) (iv) 50

10 16

45 41.8 43.1 45.1 24.3 15

(i) (ii) (iii) (iv) (NY/T 1039-2014) (GB 15680-2009) (GB 317-2006)(SB/T 10752-2012)

30 10.2% 10.4% 8.5% 7.8% 2.4% 2.6% 2.1% 2.5%

5% 50

45.0 41.2 36.7 29.3 30...... 2008...

... 2011... 2012 2012-2013...

12.7% 3,481 5,986 11.5% 16.7% 9,626 17,020 12.1%

35,939... 22,731... 10,174... 1,272... 1,432... 188... 142... 35,939 822.0 909.0 1,146.0 662.3

32L6(2) 34(2) 342(1)(b) 15% 2% 1% 54 3,117,191.23 54 92,257 3.0%

227 1,587,185.73 (i) (ii) 25262,402.60 25 100% 10,000

118 18 14 26 24 27 B. 2. (GB 16297-1996)

(GB8978-1996) +A/0 (GB 18597-2001) 4.0 5.8 7.0 3.7 236,914

(i) (ii)

[ ] [ ] [ ] [ ] i ii) iii) a) b) c)

(1) (2)

54.6% 25.6% 33.5% 15 166 3,951

16 32 18.6% 12,827.0 16.1% 14,894.0 15.1% 8,504.5 71.9% 1,190.8 74.4% 2,076.7 46.6% 1,517.1

7.7% 7.7% 7.4% 12.6% 9.7% 7.0% 13.5% 12.4% 11.2% 12.1% 11.5% 9.7%12.1% 742109

16.5% 20.2% 26.8% 33.4% 27189 5,906.4 3,282.2 4,982.654.6% 25.6% 33.5% 41.8 43.1 45.1 24.3 16 6

98.9% 98.0% 97.3% 96.3% 1.0% 1.9% 2.6% 3.5% 3,467 3,587 3,706 3,715 3,951 9 20 26 34 1

52.6% 52.3% 50.4% 51.1% 28.6% 28.9% 29.2% 28.3% 2 3 (i) (ii)(iii)

4.75% 19.00%-23.75% 9.50%-19.00% 9.50%-31.67%

31.5 40.3 47.6 28.1 26

... 4,216 39.0 5,000 39.0 5,726 38.4 2,748 37.2 3,003 35.3... 1,115 10.3 1,267 9.9 1,512 10.2 674 9.1 931 11.0... 988 9.1 1,148 8.9 1,257 8.4 559 7.6 700 8.2... 6,319 58.4 7,415 57.8 8,495 57.0 3,981 53.9 4,634 54.5... 2,046 18.9 2,119 16.5 2,372 15.9 1,349 18.3 1,448 17.0... 1,240 11.5 1,691 13.2 1,816 12.2 857 11.6 1,032 12.1... 394 3.1 794 5.3 490 6.6 637 7.5... 1,207 11.2 1,208 9.4 1,417 9.6 711 9.6 754 8.9... 4,493 41.6 5,412 42.2 6,399 43.0 3,407 46.1 3,871 45.5... 10,812 100.0 12,827 100.0 14,894 100.0 7,388 100.0 8,504 100.0 18.6% 16.1%15.1% 58.4% 57.8% 57.0% 54.5% 17.3% 14.6% 16.4% 20.5% 18.2% 13.6%

... 297,094 356,740 374,212 180,162 193,946... 36,639 41,013 45,118 20,082 27,404... 74,468 85,765 89,300 40,473 42,945... 408,201 483,518 508,629 240,718 264,295... 627,889 643,102 667,482 379,266 405,515... 293,734 393,778 415,778 198,409 238,255... 63,517 131,285 81,915 103,856... 436,631 410,295 419,859 226,153 236,762... 1,358,254 1,510,692 1,634,404 885,743 984,388... 1,766,455 1,994,209 2,143,033 1,126,461 1,248,683 18.5% 5.2% 9.8% (i) (ii) 11.2% 8.2%11.1% (i) (ii)

... 14,192 14,014 15,302 15,253 15,485... 30,425 30,900 33,522 33,578 33,949... 13,265 13,382 14,074 13,806 16,305... 15,480 15,335 16,703 16,538 17,532... 3,259 3,296 3,553 3,558 3,572... 4,222 4,294 4,369 4,321 4,329... 6,202 6,042 5,974 6,137... 2,763 2,945 3,376 3,144 3,183... 3,308 3,583 3,915 3,847 3,932... 6,121 6,432 6,950 6,559 6,811 8.9% (i) (ii) 6.0%

8.3% 9.3% 2.2%... 10,690 98.9 12,575 98.0 14,487 97.3 7,194 97.4 8,186 96.3 (1)... 107 1.0 245 1.9 388 2.6 191 2.6 298 3.5 (2)... 16 0.1 7 0.1 19 0.1 3 0.0 20 0.2... 10,812 100.0 12,827 100.0 14,894 100.0 7,388 100.0 8,504 100.0 (1) (2) 17.6% 15.2% 13.8% 58.4% 56.0%

% % % % %... 4,747,311 52.6 5,359,703 52.3 5,498,492 50.4 2,764,307 50.7 2,891,817 51.1... 1,126,263 12.5 1,105,989 10.8 1,019,236 9.4 550,448 10.1 676,519 12.0... 604,191 6.7 721,822 7.0 863,810 7.9 382,645 7.0 390,805 6.9... 486,111 5.4 597,339 5.8 666,023 6.1 311,437 5.7 350,750 6.2... 398,517 4.4 301,370 2.9 310,698 2.9 140,914 2.6 169,921 3.0... 2,132,229 23.6 2,633,183 25.7 2,638,725 24.2 1,378,863 25.3 1,303,821 23.0... 2,580,977 28.6 2,961,212 28.9 3,179,024 29.2 1,582,566 29.0 1,604,285 28.3... 1,052,124 11.7 1,187,495 11.6 1,314,616 12.1 679,741 12.5 685,638 12.1... 594,996 6.6 663,976 6.5 805,049 7.4 380,135 7.0 406,243 7.2... 53,263 0.6 66,765 0.7 97,997 0.9 46,922 0.9 72,864 1.3... 9,028,671 100.0 10,239,151 100.0 10,895,178 100.0 5,453,671 100.0 5,660,847 100.0 13.4% 6.4% 3.8% 12.9% 2.6% 4.6% 14.7% 7.4% 1.4%

5% 10% 15%... -/+42.2 -/+84.5 -/+126.7... -/+41.5 -/+82.9 -/+124.4... -/+38.2 -/+76.4 -/+114.7... -/+27.1 -/+54.3 -/+81.4 5% 10% 15%... -/+22.7 -/+45.3 -/+70.0... -/+27.1 -/+54.1 -/+81.2... -/+32.4 -/+64.8 -/+97.1... -/+15.7 -/+31.3 -/+47.0 2.5% 5.0% 7.5%... -/+9.1 -/+18.2 -/+27.3... -/+11.2 -/+22.4 -/+33.6... -/+12.5 -/+25.0 -/+37.5... -/+7.0 -/+14.1 -/+21.1 [ ]

12.9% 10.7% 11.6% 664.0 21.2% 805.0 6.9% % % % % % %... 1,041 58.4 16.5 1,478 57.1 19.9 2,258 56.5 26.6... 742 41.6 16.5 1,110 42.9 20.5 1,741 43.5 27.2... 1,783 100.0 16.5 2,588 100.0 20.2 3,999 100.0 26.8 % % % %... 969 50.1 24.3 1,350 47.5 29.1... 965 49.9 28.3 1,494 52.5 38.6... 1,934 100.0 26.2 2,844 100.0 33.4

45.1% 54.5% 47.0% 16.5% 20.2% 26.8% 33.4% 16.5% 19.9% 26.6% 29.1% 16.5% 20.5% 27.2% 38.6% 21.6% 28.1% 34.5% (i) (ii)

200 200 32... 21,056 0.2 27,801 0.2 44,165 0.3 28,321 0.4 102,478 1.2... 21,713 0.2 31,995 0.2 40,712 0.3 19,293 0.3 19,697 0.2... 4,585 0.0 5,854 0.0 10,424 0.1 3,766 0.1 5,470 0.1... 12,320 0.1... 3,355 0.0... 2,857 0.0 847 0.0 344 0.0... 45 0.0 101 0.0 24 0.0 28 0.0 18 0.0... 1,324 0.0 591 0.0 2,749 0.0 1,513 0.0 2,204 0.0... 51,580 0.5 67,189 0.5 114,093 0.8 52,921 0.7 129,867 1.5

732.4 845.9 1,097.6 908.16.8% 6.6% 7.4% 10.7%... 281,926 2.6 337,038 2.6 323,814 2.2 158,982 2.2 139,795 1.6... 30,436 0.3 58,495 0.5 159,855 1.1 37,172 0.5 317,672 3.7... 228,287 2.1 254,056 2.0 332,797 2.2 148,262 2.0 228,998 2.7... 163,507 1.5 167,099 1.3 252,205 1.7 121,868 1.6 197,847 2.3... 28,232 0.3 29,249 0.2 28,928 0.2 13,379 0.2 23,765 0.3... 732,388 6.8 845,937 6.6 1,097,599 7.4 479,663 6.5 908,076 10.7 2.6% 2.6% 2.2% 1.6% 0.3% 0.5% 1.1% 3.7%

2.1% 2.0% 2.2% 2.7% 54.5% 229.0 1.5% 1.3% 1.7% 2.3% 50.9% 252.2 62.3% 197.8 179.9 223.4 253.8 174.0 1.7% 1.7% 1.7% 2.0%... 63,526 0.6 77,969 0.6 88,705 0.6 43,148 0.6 58,231 0.7... 24,943 0.2 28,366 0.2 37,277 0.3 15,524 0.2 20,457 0.2... 20,412 0.2 24,799 0.2 32,022 0.2 15,518 0.2 17,672 0.2 [ ]... 19,143 0.2... 6,069 0.0 19,100 0.1 19,329 0.1 8,100 0.1... 8,919 0.1 10,132 0.1 12,167 0.1 5,476 0.1 5,877 0.1... 8,634 0.1 11,619 0.1 14,198 0.1 5,432 0.1 5,337 0.1. 11,880 0.1 1,792 0.0 3,894 0.0 3,450 0.0 2,176 0.0 (1)... 35,565 0.4 49,639 0.4 46,199 0.3 33,224 0.5 45,101 0.5... 179,948 1.7 223,416 1.7 253,791 1.7 129,872 1.8 173,994 2.0 (1)

0.6% 0.6% 0.6% 0.7% 0.2%... 236,750 403,794 694,682 344,109 354,833... (6,724) (8,866) (9,870) (800) 19,512... 230,026 394,928 684,812 343,309 374,345 16.5% 25% 15% 15% 24.9% 24.9% 24.8% 19.8%

... 10,812,041 12,827,020 14,894,003 7,388,120 8,504,456... (9,028,671) (10,239,151) (10,895,178) (5,453,671) (5,660,847)... 1,783,370 2,587,869 3,998,825 1,934,449 2,843,609... 51,580 67,189 114,093 52,921 129,867... (732,388) (845,937) (1,097,599) (479,663) (908,076)... (179,948) (223,416) (253,791) (129,872) (173,994)... 922,614 1,585,705 2,761,528 1,377,835 1,891,406... (230,026) (394,928) (684,812) (343,309) (374,345)... 692,588 1,190,777 2,076,716 1,034,526 1,517,061... 692,588 1,190,777 2,076,716 1,034,526 1,517,061...... 14,803... 14,803... 14,803... 692,588 1,190,777 2,076,716 1,034,526 1,531,864... 692,588 1,190,777 2,076,716 1,034,526 1,531,864...

... 7,388,120 100 8,504,456 100 15.1... (5,453,671) 73.8 (5,660,847) 66.6 3.8... 1,934,449 26.2 2,843,609 33.4 47.0... 52,921 0.7 129,867 1.5 145.4... (479,663) 6.5 (908,076) 10.7 89.3... (129,872) 1.8 (173,994) 2.0 34.0... 1,377,835 18.6 1,891,406 22.2 37.3... (343,309) 4.6 (374,345) 4.4 9.0... 1,034,526 14.0 1,517,061 17.8 46.6 7,388.1 15.1% 8,504.5 3,981.1 16.4%4,633.7 2,748.0 9.3%3,003.2 674.3 38.0%930.3

558.8 25.3%700.2 3,407.1 13.6%3,870.7 1,349.4 7.3%1,448.4 PET 857.3 20.3%1,031.4 PET 489.3 30.2%637.3 PET 711.0 6.0%753.6 5,453.7 3.8%5,660.8 3,011.8 9.0% 3,284.2 2,441.9 2.7%2,376.6 (i) 2,764.3 4.6%2,891.8 (ii) 46.9 55.3%72.9 (iii)

380.1 6.9% 406.2 (iv) 1,582.6 1.4%1,604.3 1,934.4 47.0% 2,843.6 969.3 39.2%1,349.5 24.3% 29.1% 965.2 54.8%1,494.1 28.3% 38.6% 52.9 129.9 74.2 479.7 89.3%908.1 6.5% 10.7%

280.5 80.7 76.0 129.9 34.0%174.0 1.8% 2.0% 1.377.8 37.3%1,891.4 343.3 9.0%374.3 24.9% 19.8% 15% 1,034.5 46.6%1,517.1... 12,827,020 100.0 14,894,003 100.0 16.1... (10,239,151) 79.8 (10,895,178) 73.2 6.4... 2,587,869 20.2 3,998,825 26.8 54.5... 67,189 0.5 114,093 0.8 69.8... (845,937) 6.6 (1,097,599) 7.4 29.7... (223,416) 1.7 (253,791) 1.7 13.6... 1,585,705 12.4 2,761,528 18.5 74.2... (394,928) 3.1 (684,812) 4.6 73.4... 1,190,777 9.3 2,076,716 13.9 74.4

12,827.0 16.1% 14,894.0 7,414.6 14.6% 8,495.4 4,999.5 14.5% 5,726.2 1,267.3 19.3% 1,512.4 1,147.7 9.5% 1,256.8 5,412.5 18.2% 6,398.6 2,119.5 11.9% 2,371.5 1,690.9 7.4% 1,816.4 394.0 793.3 PET 1,208.2 17.3% 1,417.4

10,239.2 6.4% 10,895.2 5,937.1 5.1% 6,237.7 4,302.1 8.3% 4,657.5(i) 7.4% 2,961.2 3,179.0 (ii)10.7% 1,187.5 1,314.6 (iii)5,359.7 2.6% 5,498.5 2,587.9 54.5% 3,998.8 20.2%26.8% 1,477.5 52.8% 2,257.719.9% 26.6% 1,110.4 56.8% 1,741.120.5% 27.2% 67.2 69.8% 114.1(i) 27.8 58.9% 44.2 (ii) 32.0 27.2% 40.7 845.9 29.7% 1,097.6 58.5

159.9 167.1 50.9% 252.2 254.1 31.0% 332.8 6.6%7.4% 223.4 13.6% 253.8 16.1% 1.7% 1,585.7 74.2% 2,761.5 394.9 73.4% 684.8 24.9% 24.8% 1,190.8 74.4% 2,076.7 (%) (%) (%)... 10,812,041 100.0 12,827,020 100.0 18.6... (9,028,671) 83.5 (10,239,151) 79.8 13.4... 1,783,370 16.5 2,587,869 20.2 45.1... 51,580 0.5 67,189 0.5 30.3... (732,388) 6.8 (845,937) 6.6 15.5... (179,948) 1.7 (223,416) 1.7 24.2... 922,614 8.5 1,585,705 12.4 71.9... (230,026) 2.1 (394,928) 3.1 71.7... 692,588 6.4 1,190,777 9.3 71.9

10,812.0 18.6% 12,827.0 6,319.1 17.3% 7,414.6 4,216.5 18.6% 4,999.5 1,114.8 13.7% 1,267.3 987.8 16.2% 1,147.7 4,493.0 20.5% 5,412.5 2,046.2 3.6% 2,119.5 PET PET 1,240.3 36.3% 1,690.9

394.0 1,206.5 1,208.2 9,028.7 13.4% 10,239.2 5,277.9 12.5% 5,937.1 3,750.7 14.7% 4,302.1 (i)4,747.3 12.9% 5,359.7 (ii) 2,581.0 14.7% 2,961.2 (iii) 1,052.1 12.9% 1,187.5 1,783.4 45.1% 2,587.9 16.5%20.2% 1,041.1 41.9% 1,477.516.5% 19.9%

742.3 49.7% 1,110.416.5% 20.5% 51.6 30.3% 67.2 47.4% 32.0% 732.4 15.5% 845.918.6% 6.8% 6.6% 179.9 24.2% 223.4 18.6% 1.7% 922.6 71.9% 1,585.7 230.0 71.7% 394.9 24.9% 692.6 71.9% 1,190.8

... 1,206,602 1,729,339 2,490,726 1,104,548 2,406,651... (894,777) (907,838) (670,454) (498,093) (251,440)... (325,945) (563,100) (1,832,992) (573,147) (864,207)... (14,120) 258,401 (12,720) 33,308 1,291,004... 397,290 383,170 641,571 641,571 628,851... 14,803... 383,170 641,571 628,851 674,879 1,934,658 2,406.7 2,140.2 636.8 370.4 1,891.4 249.7 5.9 7.5 (i) 366.3

(ii) 241.7 117.4 (iii) 76.0 35.5 14.6 1,104.5 1,604.6 166.7 333.4 1,377.8 225.1 5.5 5.4 (i) 145.1 (ii) 95.2 (iii) 61.5 (i) 71.4 (ii) 38.5 (iii)25.3 2,490.7 3,216.6 34.5 760.3 2,761.5 467.8 12.2 12.311.2 (i) 58.7 21.6 (ii)

30.7 (iii) 19.9 117.4 (i)54.4 80.4 (ii) 20.4 37.4 32 1,729.3 1,978.6 86.9 336.2 1,585.7 387.6 10.1 7.6(i) 125.0 (ii) 112.4 (iii) 19.6 (i) 141.6 (ii) 16.3 (iii)12.3 1,206.6 1,247.9 227.6 268.8 922.6 315.1 8.9 (i) 194.5 (ii) 105.8 (iii) 85.4 (iv) 40.2 198.7

251.4(i)213.5 (ii) 32.2 (iii) 13.0 6.0 498.1 (i) 325.3 (ii) 200.0 (iii) 19.3 46.0 670.5 (i) 521.2 (ii) 200.0 (iii) 37.4 (i)71.6 (ii) 12.3 (iii) 3.4 907.8 (i) 900.1 (ii) 55.0 47.3 894.8 (i) 900.1 (ii) 48.1 53.8 864.2(i)1,125.8 (ii) 649.0 (iii)

285.1CDH Delicacy 1,110.0 80.7 5.0 573.1(i) 582.3 (ii) 21.0 (iii) 16.1 37.3 9.0 1,833.0 (i) 1,231.6 (ii) 561.9 (iii)80.0 (iv) 17.0 (i) 48.5 (ii)9.0 563.1 (i) 738.6 (ii)600.0 (iii) 503.4 (iv) 48.0 (i) 977.0(ii) 350.0 325.9 (i)689.5 (ii)575.1 (iii) 265.0 (i) 843.6 (ii)302.0

... 1,212,807 1,098,544 1,090,443 723,824 720,351... 76,120 217,696 191,756 227,264 337,209... 207,484 175,867 86,831 97,267 98,106... 13,000... 11,144... 24,670 36,926 6,205 3,350 4,050... 383,170 641,571 628,851 1,934,658 1,804,331... 1,904,251 2,170,604 2,004,086 3,010,507 2,964,046... 743,168 868,197 770,615 1,012,364 1,098,226... 901,048 899,725 812,702 891,100 729,835... 5,000 5,000... 862,023 1,335,594 204,411... 58,000 9,958 3,081,750 2,432,729 2,309,334... 30,708 98,342 133,749 129,308 79,954... 1,125,756... 2,594,947 3,211,816 6,128,983 4,470,501 4,222,348... (690,696) (1,041,212) (4,124,897) (1,459,994) (1,258,302) 690.7 1,041.2 843.6 977.0

4,124.9 (i) 3,081.8 2,575.6 506.2 (ii) 1,125.8 (iii) 48.5 32 1,460.0 2.6 1,258.3 1,460.0 161.3123.4 227.3 48.4% 337.2 20 [ ] [ ]

... 930,955 810,376 684,613 441,072... 281,852 288,168 405,830 282,752... 1,212,807 1,098,544 1,090,443 723,824 1,212.8 9.4% 1,098.5 16.1% 1,090.4 33.6% 723.8 0.2 1.9 0.2 0.3 (1)... 45.0 41.2 36.7 29.3 (1) 365 183

45.041.2 36.7 (i) (ii) (iii) 559.3 77.3% 30 30 90 76.1 217.7(i) 18.6% (ii) 11.9% 191.8 80.4 18.5%227.3 90... 66,734 200,471 181,125 195,617 91 180... 3,181 15,852 8,956 29,096 181 365... 5,684 1,090 1,395 2,551... 521 283 280... 76,120 217,696 191,756 227,264

90 0.9 0.9 0.7 0.7 (1)... 4.4 4.2 5.0 4.5 (1) 365 183 4.4 4.2 5.0 4.5 162.4 71.4%

... 84,621 76,826 32,560 50,415... 82,327 54,424 20,018 4,209... 8,587 20,433 20,908 31,995... 25,000 13,000 4,200... 6,949 11,184 9,145 10,648... 207,484 175,867 86,831 97,267 15.2% 175.9 27.9 12.0 7.8 11.8 86.8 21.6(i) 44.3 (ii) 34.4 12.0% 97.3 17.9 11.1 15.8 24.7 36.9

6.2 3.4 3090... 718,498 831,271 759,210 1,005,664... 24,670 36,926 11,405 6,700... 743,168 868,197 770,615 1,012,364 16.8% 868.2 11.2% 770.6 117.4 31.4% 1,012.4 117.4 90... 701,761 814,667 720,848 941,371 91 365... 31,490 39,683 33,159 62,645 1 2... 7,104 7,871 11,311 7,031 2... 2,813 5,976 5,297 1,317... 743,168 868,197 770,615 1,012,364 90

(1)... 26.1 28.7 27.5 28.8 (1) 365 183 26.1 28.7 27.5 28.8 26.128.7 28.727.5 117.4... 506,868 410,274 353,141 330,825... 166,502 194,000 178,851 169,248... 63,730 51,230 37,217 49,175... 56,316 73,527 85,161 108,189... 69,138 98,178 90,222 109,806... 38,494 72,516 68,110 123,857... 901,048 899,725 812,702 891,100

18.6% (i) 30 96.6 (ii) 12.5 (i)34.0 29.0(ii) 27.5 (iii) 17.2 9.7% 812.7 37.4(i)30 57.1 (ii) 15.1 14.0 11.6 9.6% 891.1 (i) 55.7 19.6 (ii) 23.0 (iii) 12.0 (i) 22.3 (ii) 9.6... 862,023 1,335,594 204,411... 58,000 9,958 3,081,750 2,432,729... 920,023 1,345,552 3,286,161 2,432,729

862.0 1,335.6 204.4 473.6 1,131.2 58.0 10.0 3,081.8 2,432.7 3,071.8 3,081.8 2,575.6 506.2 649.0 15 4.365% 3.4 36 36 [ ]

... 228,297 251,781 266,782 71,816 73,999... 617,863 568,164 486,646 258,573 117,731... 846,160 819,945 753,428 330,389 191,730... 328,240 162,308 32,627 23,979 71,613... 1,174,400 982,253 786,055 354,368 263,343... 8,720 8,880... 90,386 16,830... 45,139 49,760... 21,842... 90,572 105,080... 256,659 180,550 [ ]

... 330,446 510,580 319,085 229,436 [ ]... 17,039... 68,155... 76,675... 161,869 5 8.7 15 4.365%

(1)... 16.5% 20.2% 26.8% 26.2% 33.4% (2)... 6.4% 9.3% 13.9% 14.0% 17.8% (3)... 19.9% 30.3% 90.6% (4) (4) (5)... 11.1% 17.0% 28.9% (4) (4) (6)... 0.73 0.68 0.33 0.67 (7)... 0.27 0.33 0.15 0.51 (1) 100% (2) 100% (3) 100% (4) (5) 100% (6) (7)

19.9%30.3% 498.290.6% 885.9 3,482.4 11.1%17.0% 498.228.9% 885.9 0.73 0.68 473.6 114.3 0.33 3,081.8 2,575.6 506.2 1,125.8 0.67 0.27 0.33 258.4 141.6473.6 0.15 3,081.8 2,575.6 506.2 1,125.8 0.51 [ ]12

12 23

41.2 600.0 160.0 30%

[ ] [ ][ ][ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] 1 2 3 4 [ ] [ ]... [ ] [ ] [ ] [ ] [ ] [ ] [ ]... [ ] [ ] [ ] [ ] [ ] 1. [ ] [ ]

2. [ ] [ ] [ ][ ] [ ][ ] 3. [ ] [ ][ ][ ] [ ] [ ][ ][ ][ ] [ ] [ ] 4. 1.000.78901 5. [ ] [ ][ ] [ ]

[ ] Divine Foods [ ] [ ]% [ ] [ ]% [ ] Divine Foods Divine Foods-1 Divine Foods-2 Divine Foods-3 50% 10% 40% Divine Foods-1 Divine Foods-2 Divine Foods-3 [ ] [ ] [ ]% Divine Foods Divine Foods-1 Divine Foods-2 Divine Foods-3 [ ] [ ] Divine Foods Divine Foods-1 Divine Foods-2 Divine Foods-3Divine Foods Divine Foods-1 Divine Foods-2 Divine Foods-3

(i) (ii) [ ] (iii) 920.0 1,345.6 3,286.2 2,432.7 [ ]

(a) 5% (b) 5% 30% [ ]

[ ] (a) [ ] [ ] (b) (c) [ ] (d)

[ ] (a) 100% (b) 100% (c) 100% [ ] [ ]

[ ] [ ] [ ] 160 180 220 350 350 350 [ ] 17,039 18,743 20,617 [ ]

[ ] 0.1%[ ] [ ] [ ] B. 2. [ ] [ ]

(a) [ ] (b) (c)

[ ]... 37 74 83... 212

... 160 180 220... 350 350 350 (a) (b) (c) 12.5% 22.2%

(a) (b) [ ] (c) [ ] [ ] 0.1%5%[ ] [ ] [ ] (a) (i) 21,578.25 (ii) 240,824.35

(b) 105 (c) (d) 25 (e) [ ] DTZ (a) (b) 8,520,000

... 17,039 18,743 20,617 (i) (ii) (iii) (iv) (v) [ ] [ ] 0.1%5% [ ] [ ] [ ] [ ] [ ] [ ][ ]

[ ] [ ] (a) (b) (a) (b)

[ ][ ] [ ]... [ ] 10,000... 100 [ ] [ ] [ ]... [ ] [ ]... [ ] [ ]... [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] D.

[ ] (i) [ ]20%[ ] (ii) (i) (ii) (iii) A. 3. [ ] [ ] [ ] 10% [ ] [ ][ ] [ ] [ ] [ ] [ ] [ ] A. 6.

(i) (ii) (iii) A. 3.

[ ][ ] XV 2 3 10% [ ] (1) Divine Foods... [ ] [ ]% Divine Foods-1 (2)... [ ] [ ]% Divine Foods-2 (2)... [ ] [ ]% Divine Foods-3 (2)... [ ] [ ]% (2)(3)... [ ] [ ]% (2)(3)... [ ] [ ]% (2)... [ ] [ ]% (1) [ ] (2) Divine Foods Divine Foods-1 Divine Foods-2 Divine Foods-350% 10% 40% Divine Foods-1 Divine Foods-2 Divine Foods-3 (3) [ ][ ] XV 2 3 10%

57 37 32

60 45 62 50 60

45 35 49 37 47

57 28... 30......... 37 17

32......

60 28 17 45 CDH Investments Management (Hong Kong) Limited 1880 Baroque Japan Limited SYSWIN Inc. SYSW 1918 000333 603308 CDH Investments Management (Hong Kong) Limited

62 600573 50 60 1700 3808 0165 0564

(Lethbridge University) (University of Saskatchewan) (i) (ii) [ ] (iii) [ ] 45 23

35 15 49 22 37 12 (SAC/TC490) SAC/TC488)

47 57 HKICS HKICS

[ ] [ ] [ ] 0.55 0.95 1.06 2.57 1.13 2.02 2.26 3.62 5.30

C. 2. [ ] D. [ ] [ ] [ ] [ ] [ ] [ ] [ ]

[ ] [ ]

[ ][ ][ ][ ] [ ] (i)[ ] [ ] (ii)[ ] [ ][ ][ ] [ ][ ] [ ][ ] [ ] [ ][ ][ ][ ] [ ][ ] [ ] [ ] [ ][ ][ ][ ] [ ] [ ] [ ] [ ][ ] [ ]% [ ][ ] [ ]% [ ][ ]

[ ]% [ ][ ] [ ]% [ ][ ] [ ]% [ ][ ] [ ] [ ] [ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

[ ] [ ]

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[ ] [ ]

II 2.1 [ ] [ ] [ ] II2.1 II1 II1

[ ] 2410

II2.1

I. II... 5(a) 10,812,041 12,827,020 14,894,003 7,388,120 8,504,456... 6(a) (9,028,671) (10,239,151) (10,895,178) (5,453,671) (5,660,847)... 1,783,370 2,587,869 3,998,825 1,934,449 2,843,609... 5(b) 51,580 67,189 114,093 52,921 129,867... (732,388) (845,937) (1,097,599) (479,663) (908,076)... (179,948) (223,416) (253,791) (129,872) (173,994)... 6 922,614 1,585,705 2,761,528 1,377,835 1,891,406... 9 (230,026) (394,928) (684,812) (343,309) (374,345)... 692,588 1,190,777 2,076,716 1,034,526 1,517,061... 11 692,588 1,190,777 2,076,716 1,034,526 1,517,061... 13

I. II... 14,803... 14,803... 14,803... 692,588 1,190,777 2,076,716 1,034,526 1,531,864... 11 692,588 1,190,777 2,076,716 1,034,526 1,531,864

I. II... 14 3,592,683 4,137,205 4,260,456 4,207,564... 15 507,942 547,398 516,239 575,504... 16 2,897 2,281 1,528 1,157... 18 180,000 180,000... 19 372,485 372,698 115,786 104,732... 26 31,470 40,336 47,604 28,092... 4,687,477 5,279,918 4,941,613 4,917,049... 20 1,212,807 1,098,544 1,090,443 723,824... 21 76,120 217,696 191,756 227,264... 22 207,484 175,867 86,831 97,267... 36(b) 13,000... 11,144... 23 24,670 36,926 6,205 3,350... 23 383,170 641,571 628,851 1,934,658... 1,904,251 2,170,604 2,004,086 3,010,507... 24 743,168 868,197 770,615 1,012,364... 25 901,048 899,725 812,702 891,100... 27 5,000... 36(d) 862,023 1,335,594 204,411... 36(c) 58,000 9,958 3,081,750 2,432,729... 30,708 98,342 133,749 129,308... 28 1,125,756... 2,594,947 3,211,816 6,128,983 4,470,501... (690,696) (1,041,212) (4,124,897) (1,459,994)... 3,996,781 4,238,706 816,716 3,457,055... 29 166,327 206,104 266,515 265,009... 166,327 206,104 266,515 265,009... 3,830,454 4,032,602 550,201 3,192,046... 30 1 61... 31 3,830,454 4,032,602 550,200 3,191,985... 3,830,454 4,032,602 550,201 3,192,046

I. * * * * * 30 31 31 31 31... 1,907,039 245,216 989,836 3,142,091... 692,588 692,588... 692,588 692,588... 302,006 302,006 10(a)... (265,000 ) (265,000 )... (41,231) (41,231)... 92,367 (92,367)... 1,944,045 337,583 1,548,826 3,830,454... 1,190,777 1,190,777... 1,190,777 1,190,777... 350,000 350,000 10(a)... (738,630 ) (738,630 )... 75,460 (75,460)... (599,999) (599,999 )... 171,625 (171,625)... 1,630,875 433,748 1,967,979 4,032,602

I. * * * * * 30 31 31 31 31... 1,630,875 433,748 1,967,979 4,032,602... 2,076,716 2,076,716... 2,076,716 2,076,716... 1 1 10(b)... (1,654,040 ) (383,166) (3,361,912 ) (5,399,118 )... (160,000) (160,000 )... 449,982 (449,982)... 1 (23,165) 500,564 72,801 550,201... 1,517,061 1,517,061... 14,803 14,803... 14,803 1,517,061 1,531,864... 60 1,109,921 1,109,981... 61 1,109,921 (23,165) 500,564 14,803 1,589,862 3,192,046... 1,630,875 433,748 1,967,979 4,032,602... 1,034,526 1,034,526... 1,034,526 1,034,526... (60,000) (60,000)... 1,630,875 433,748 2,942,505 5,007,128 * 3,830,454,000 4,032,602,000 550,200,000 3,191,985,000

I. II... 922,614 1,585,705 2,761,528 1,377,835 1,891,406... 5(b) (12,320)... 5(b) (3,355)... 5(b) 6(c) 3,091 (96) 954 1,037 131... 6(c) 315,130 387,644 467,834 225,059 249,669... 6(c) 8,919 10,132 12,167 5,476 5,877... 6(c) 814 909 815 433 407... 14 143 24 24... 6(c) 193 1,895 152 104 292... 29 (3,035) (7,551) (11,199) (5,404) (7,543) 1,247,869 1,978,638 3,216,600 1,604,564 2,140,239... 248 (12,256) 30,721 25,258 2,855... 105,816 (141,576) (54,442) (145,094) (35,508)... 40,238 19,617 58,674 38,484 (14,636)... (198,655) 112,368 99 71,390 366,327

I. II... 194,521 125,029 19,852 (61,501) 241,749... 85,397 (16,321) (20,443) (95,188) 76,043... 1,475,434 2,065,499 3,251,061 1,437,913 2,777,069... (268,832) (336,160) (760,335) (333,365) (370,418)... 1,206,602 1,729,339 2,490,726 1,104,548 2,406,651... (900,064) (900,147) (521,183) (325,286) (213,509)... 705 302 878 557 1,257... (48,145) (55,028) (37,372) (19,281) (32,189)... (1,056) (293) (62) (52) (36)... 53,783 47,328 71,610 45,969 6,037... (400,000) (200,000)... (200,000)... 400,000... 12,320... 3,355

I. II... (13,000)... (894,777) (907,838) (670,454) (498,093) (251,440)... 843,644 976,998 48,503 37,311 80,731... (575,096) (503,427) (1,231,591) (582,329) (285,142)... 58,000 9,000 9,000... (48,042) (16,998) (16,129)... 302,006 350,000... 10(a) (265,000) (738,630)... 10(b) (561,906)... (649,021)... (689,499) (599,999) (80,000) (21,000)

I. II... 28 (1,125,756)... 5,000... 1,109,981... (325,945) (563,100) (1,832,992) (573,147) (864,207)... (14,120) 258,401 (12,720) 33,308 1,291,004... 397,290 383,170 641,571 641,571 628,851... 14,803... 383,170 641,571 628,851 674,879 1,934,658... 23 383,170 641,571 628,851 674,879 1,264,658... 23 670,000 383,170 641,571 628,851 674,879 1,934,658

I. II... 17 1 1... 1 1... 1,109,981... 1,109,981... 1 1,109,982... 30 1 61... 31 1,109,921... 1 1,109,982

II. 1. Maples Corporate Services Limited PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands Divine Foods Limited Divine Foods Limited [ ] [ ] Dali Foods Holdings Co., Ltd. 1... 100 100% 1... 100 100% 2... 100% III 90,939,305 2... 100% II 950,000,000 3... 100% I 209,000,000 4... 100% I 100,000,000 5... 100% I 209,000,000

II. 1. 6... 100% I 190,000,000 7... 100% I 105,000,000 8... 100% I 160,000,000 9... 100% I 105,000,000 10... 100% I 110,000,000 11... 100% 40,000,000 12... 100% I 150,000,000 13... 100% I 200,000,000 14... 100% III 140,000,000 15... 100% I 200,000,000 16... 100% I 100,000,000 17... 100% I 80,000,000 17... 100% I 10,000,000 I: II: III: 1. 2. 3.

II. 1. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15.

II. 1. 16. 17. 2.1

II. 2.1 1,459,994,000 1,500,000,000 2.2 2.3 9 4 10 28 2 10 2 12 28 11 2 14 5 15 3 1 2 16 2 38

II. 2.3 16 2 41 19 1 27 2 1 1 2 1 2 3 4 5 9 39 9 9 9 1028 1028

II. 2.3 11 3 11 15 15 15 1515 1 1638 16 38

II. 2.3 8 8 2.4 2.1

II. 2.4 (a) (b) (c) 5

II. 2.4

II. 2.4 (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a)

II. 2.4 (vii) (a)(i) 4.75% 19.00%-23.75% 9.50%-19.00% 9.50%-31.67%

II. 2.4 5 5

II. 2.4

II. 2.4 (a) (b)

II. 2.4 (a) (b)

II. 2.4

II. 2.4

II. 2.4

II. 2.4

II. 2.4

II. 2.4 (a) (b)

II. 2.4

II. 2.4 3.

II. 3. 31,470,000 40,336,000 47,604,000 28,092,000 26 4. a b)

II. 4.... 6,319,056 4,492,985 10,812,041 7,414,566 5,412,454 12,827,020 8,495,421 6,398,582 14,894,003 3,981,065 3,407,055 7,388,120 4,633,728 3,870,728 8,504,456... 1,041,117 742,253 1,783,370 1,477,512 1,110,357 2,587,869 2,257,740 1,741,085 3,998,825 969,294 965,155 1,934,449 1,349,522 1,494,087 2,843,609... 51,580 67,189 114,093 52,921 129,867... (732,388) (845,937) (1,097,599 ) (479,663) (908,076)... (179,948) (223,416) (253,791) (129,872) (173,994)... 922,614 1,585,705 2,761,528 1,377,835 1,891,406... 85,213 209,014 294,227 118,018 245,031 363,049 124,413 313,414 437,827 59,240 150,065 209,305 62,659 169,339 231,998... 228,297 617,863 846,160 251,781 568,164 819,945 266,782 486,646 753,428 71,816 258,573 330,389 73,999 117,731 191,730... 328,240 162,308 32,627 23,979 71,613 1,174,400 982,253 786,055 354,368 263,343

II. 4. 90% 90% 8 10%8

II. 5. (a)... 10,812,041 12,827,020 14,894,003 7,388,120 8,504,456 (b)... 4,585 5,854 10,424 3,766 5,470... 12,320... 3,355 *... 21,056 27,801 44,165 28,321 102,478... 21,713 31,995 40,712 19,293 19,697... 2,857 847 344... 45 101 24 28 18... 1,324 591 2,749 1,513 2,204 51,580 67,189 114,093 52,921 129,867 *

II. 6. (a) (b)... 8,100,673 9,184,148 9,620,009 4,936,778 4,969,627 7... 749,788 823,815 1,056,961 487,801 592,069... 72,241 85,230 88,998 57,350 70,252 822,029 909,045 1,145,959 545,151 662,321 (c) 14... 315,130 387,644 467,834 225,059 249,669 15... 8,919 10,132 12,167 5,476 5,877 16... 814 909 815 433 407... 312,362 395,533 483,669 196,154 457,467... 228,287 254,056 332,797 148,262 228,998... 735 797 1,289 412 54... 41,791 43,125 45,114 21,907 24,324... 8,520... (2,857) (847) (344) 26 6,503... 3,091 (96) 954 1,037 131... (21,056) (27,801) (44,165) (28,321) (102,478)... 143 24 24... 193 1,895 152 104 292

II. 6. 7....... 516 909 1,012 506 2,530... 34 38 46 24 39 550 947 1,058 530 2,569

II. 7....... 212 17 229... 304 17 321 516 34 550...... 411 19 430... 498 19 517 909 38 947

II. 7....... 452 23 475... 560 23 583 1,012 46 1,058... 1,160 13 1,173... 560 13 573... 810 13 823 2,530 39 2,569...... 226 12 238... 280 12 292 506 24 530

II. 8.... 2 2 2 2 3... 3 3 3 3 2 5 5 5 5 5 7... 1,044 1,929 2,149 1,075 3,551... 85 95 115 58 64 1,129 2,024 2,264 1,133 3,615 1,000,000... 3 3 3 3 2

II. 9. 16.5% 25% 15%... 236,750 403,794 694,682 344,109 354,833 26... (6,724) (8,866) (9,870) (800) 19,512... 230,026 394,928 684,812 343,309 374,345

II. 9.... 922,614 1,585,705 2,761,528 1,377,835 1,891,406 (25%)... 230,654 396,426 690,382 344,459 472,852... (50,772)... (49,027) *... (2,354) (3,367) (7,423) (1,792) (5,244)... 1,726 1,869 1,853 642 458... 1,713... 4,365... 230,026 394,928 684,812 343,309 374,345 * 10. (a) (b)

II. 10.... 561,906 32... 4,837,212 5,399,118 11. 2.1 12.... 41,231 599,999 160,000 60,000 13.

II. 14.... 837,617 43,283 2,332,257 125,494 211,216 3,549,867... (130,707) (22,071) (528,177) (29,187) (710,142)... 706,910 21,212 1,804,080 96,307 211,216 2,839,725... 706,910 21,212 1,804,080 96,307 211,216 2,839,725... 28,463 12,084 641,766 47,026 342,688 1,072,027 6... (41,880) (7,923) (244,991) (20,336) (315,130)... 162,585 40,553 552 (203,690)... (1,395) (519) (1,879) (3) (3,796)... (143) (143)... 854,683 24,854 2,239,386 123,546 350,214 3,592,683... 1,025,657 52,820 3,001,916 172,341 350,214 4,602,948... (170,974) (27,966) (762,530) (48,795) (1,010,265)... 854,683 24,854 2,239,386 123,546 350,214 3,592,683... 1,025,657 52,820 3,001,916 172,341 350,214 4,602,948... (170,974) (27,966) (762,530) (48,795) (1,010,265)... 854,683 24,854 2,239,386 123,546 350,214 3,592,683

II. 14.... 854,683 24,854 2,239,386 123,546 350,214 3,592,683... 11,101 8,322 489,123 56,701 367,125 932,372 6... (55,136) (8,668) (297,196) (26,644) (387,644)... 304,103 32,868 15,786 (352,757)... (206) (206)... 1,114,751 24,302 2,464,181 169,389 364,582 4,137,205... 1,340,861 60,366 3,519,387 244,828 364,582 5,530,024... (226,110) (36,064) (1,055,206) (75,439) (1,392,819)... 1,114,751 24,302 2,464,181 169,389 364,582 4,137,205... 1,340,861 60,366 3,519,387 244,828 364,582 5,530,024... (226,110) (36,064) (1,055,206) (75,439) (1,392,819)... 1,114,751 24,302 2,464,181 169,389 364,582 4,137,205... 1,114,751 24,302 2,464,181 169,389 364,582 4,137,205... 19,256 10,143 318,733 50,563 365,334 764,029 6... (68,965) (10,182) (354,954) (33,733) (467,834)... 189,253 261,874 26,107 (477,234)... (10) (1,765) (57) (1,832)... (24) (24) 32... (136,420) (165) (2,501) (131) (31,871) (171,088)

II. 14.... 1,117,875 24,088 2,685,544 212,138 220,811 4,260,456... 1,363,521 66,717 4,047,530 318,751 220,811 6,017,330... (245,646) (42,629) (1,361,986) (106,613) (1,756,874)... 1,117,875 24,088 2,685,544 212,138 220,811 4,260,456... 1,363,521 66,717 4,047,530 318,751 220,811 6,017,330... (245,646) (42,629) (1,361,986) (106,613) (1,756,874)... 1,117,875 24,088 2,685,544 212,138 220,811 4,260,456... 1,117,875 24,088 2,685,544 212,138 220,811 4,260,456... 2,764 2,066 81,110 16,141 96,084 198,165 6... (32,236) (4,365) (192,275) (20,793) (249,669)... 27,477 48,418 9,586 (85,481)... (151) (1,223) (14) (1,388)... 1,115,880 21,638 2,621,574 217,058 231,414 4,207,564... 1,393,762 65,790 4,168,320 344,199 231,414 6,203,485... (277,882) (44,152) (1,546,746) (127,141) (1,995,921)... 1,115,880 21,638 2,621,574 217,058 231,414 4,207,564

II. 14. 153,496,000 216,114,000 259,193,000 140,064,000 8,711,000 27 15.... 415,544 507,942 547,398 516,239... 101,317 49,588 21,964 65,142... (8,919) (10,132) (12,167) (5,877) 32 (40,956)... 507,942 547,398 516,239 575,504 84,879,000 65,254,000 27,931,000 41,427,000

II. 16.... 1,300 2,430 3,730... (317) (758) (1,075)... 983 1,672 2,655... 983 1,672 2,655... 610 446 1,056... (291) (523) (814)... 1,302 1,595 2,897... 1,881 2,876 4,757... (579) (1,281) (1,860)... 1,302 1,595 2,897... 1,302 1,595 2,897... 255 38 293... (340) (569) (909)... 1,217 1,064 2,281... 2,136 2,913 5,049... (919) (1,849) (2,768)... 1,217 1,064 2,281... 1,217 1,064 2,281... 62 62... (357) (458) (815)... 922 606 1,528

II. 16.... 2,198 2,913 5,111... (1,276) (2,307) (3,583)... 922 606 1,528... 922 606 1,528... 36 36... (181) (226) (407)... 777 380 1,157... 2,234 2,913 5,147... (1,457) (2,533) (3,990)... 777 380 1,157 17.... 1 1 1

II. 18.... 180,000 180,000 32 19.... 1,660 6,600 16,795... 370,825 366,098 98,991 104,732 372,485 372,698 115,786 104,732

II. 20.... 930,955 810,376 684,613 441,072... 281,852 288,168 405,830 282,752 1,212,807 1,098,544 1,090,443 723,824 21.... 77,033 218,609 192,471 227,979... (913) (913) (715) (715) 76,120 217,696 191,756 227,264 30 90 90... 66,734 200,471 181,125 195,617 91 180... 3,181 15,852 8,956 29,096 181 365... 5,684 1,090 1,395 2,551... 521 283 280 76,120 217,696 191,756 227,264

II. 21.... 913 913 913 715... (198)... 913 913 715 715... 54,824 151,535 146,050 143,206 90... 11,910 48,936 35,075 62,110 90 180... 3,181 15,852 8,956 20,248 180... 6,205 1,373 1,675 1,700 76,120 217,696 191,756 227,264

II. 22.... 84,621 76,826 32,560 50,415... 8,587 20,433 20,908 31,995... 25,000 13,000 4,200 (i)... 82,327 54,424 20,018 4,209... 6,949 11,184 9,145 10,648 207,484 175,867 86,831 97,267 (i) 17% 23.... 383,170 641,571 628,851 1,264,658... 670,000... 24,670 36,926 6,205 3,350 407,840 678,497 635,056 1,938,008... (24,670) (36,926) (6,205) (3,350)... 383,170 641,571 628,851 1,934,658 24

II. 23. 15,810,000 2,973,000 1,708,000 30,884,000 24.... 718,498 831,271 759,210 1,005,664... 24,670 36,926 11,405 6,700 743,168 868,197 770,615 1,012,364

II. 24. 90... 701,761 814,667 720,848 941,371 91 365... 31,490 39,683 33,159 62,645 1 2... 7,104 7,871 11,311 7,031 2... 2,813 5,976 5,297 1,317 743,168 868,197 770,615 1,012,364 24,670,000 36,926,000 6,205,000 3,350,00023 30 90 25.... 506,868 410,274 353,141 330,825... 166,502 194,000 178,851 169,248... 63,730 51,230 37,217 49,175... 56,316 73,527 85,161 108,189... 69,138 98,178 90,222 109,806... 38,494 72,516 68,110 123,857 901,048 899,725 812,702 891,100

II. 26.... 1,405 1,553 13,963 5,206 2,619 24,746 9... 1,264 3,959 67 1,592 (158) 6,724... 2,669 5,512 14,030 6,798 2,461 31,470 9... 792 (437) 4,337 3,924 250 8,866... 3,461 5,075 18,367 10,722 2,711 40,336 9... 3,796 1,328 4,106 831 (191) 9,870 32... (1,201) (1,401) (2,602)... 7,257 6,403 21,272 10,152 2,520 47,604 9... (971) (2,710) (21,272) 5,699 (258) (19,512)... 6,286 3,693 15,851 2,262 28,092

II. 26. 6,851,000 10% 10% 72,801,000 1,381,120,000 27.... 5,000 8,711,000

II. 28. 29.... 115,579 166,327 206,104 266,515... 53,783 47,328 71,610 6,037... (3,035) (7,551) (11,199) (7,543)... 166,327 206,104 266,515 265,009 30. 50,0001... 306,995 306,995 10,000100 1... 614 61,136

II. 30. 50,000 50,000 1 1 1 99 9,6001 11.1300 CDH Delicacy Holdings Limited11.1300 2,000 31. (a) II2.1 10% 50%

II. 31. (a) 10% 50% 25% (b)...... 1,109,921... 1,109,921

II. 32. 14... 171,088... 80,382... 21,562 36... 200,000 15... 40,956... 180,000 26... 2,602... 7,850... 51,906... 3,088,902... 117,698... 1,125,756... 5,088,702... 117,434... 37,418... 16,638... 80,000... 251,490... 4,837,212 33. 34. 24 27

II. 35. (a)... 330,446 510,580 319,085 229,436 (b)... 17,039... 68,155... 76,675 161,869

II. 36. (a)... 1,440 358 873 873... 37 74 33 83 1,440 395 947 906 83... 200,000 9.9 32

II. 36. (a)... 13,000... 3,355... 8,520

II. 36. (a)... 217,131 287,644 36,136 28,211 1,100... 584,864 625,813 11,450 9,100 1,500... 41,649 63,541 917 78,131 843,644 976,998 48,503 37,311 80,731... 110,788 148,102 460,110 159,371 46,778... 376,314 307,329 701,736 382,913 159,317... 87,994 47,996 69,745 40,045 79,047 575,096 503,427 1,231,591 582,329 285,142... 43,000 7,000 7,000... 15,000 Quanzhou Dali Investment Co., Ltd.. 2,000 2,000 58,000 9,000 9,000 Quanzhou Dali Investment Co, Ltd.

II. 36. (a)... 43,000 7,000 6,131... 5,042 9,998 9,998 48,042 16,998 16,129... 649,021... 212

II. 36. (b)... 13,000 (c)... 15,000 9,958... 3,081,750 2,432,729... 43,000 58,000 9,958 3,081,750 2,432,729

II. 36. (d)... 317,908 457,450 45,678... 489,915 808,399 157,817... 54,200 69,745 916 862,023 1,335,594 204,411 (e)... 1,247 2,201 2,488 1,244 4,467... 102 114 138 69 89 1,349 2,315 2,626 1,313 4,556 7