EAGLE LEGEND ASIA LIMITED 936 51%

............................................................ 1...................................................... 4................................... I-1................................. II-1................................. III-1...... IV-1................................. V-1............................................ VI-1 i

936 80% 1

110,000,000 1.00 102 51% 571 0.01 2

(i) 2,035.36 (ii) 116 % 1 1.18 3

EAGLE LEGEND ASIA LIMITED 936 Winerthan Chiu Clifton House 75 Fort Street P.O. Box 1350 Grand Cayman KY1 1108 Cayman Islands 26 36 3607 51% (i) 51% (ii) 4

51% 220,000,000 220,000,000 110,000,000 110,000,000 110,000,000 600,000,000 62.5% 14.44 (i) (ii) (iii) (iv) (v) (vi) (i) (ii) 5

51% 80% 220,000,000 110,000,000 110,000,000 110,000,000 (i) (ii) 40.8% 100% 12 27,300,000 32,200,000 100% 542,300,000 16.86 100% 542,300,000 220,000,000 40.8% 221,300,000 6

16.86 21.4 (i) 5% (ii) 25% 40,000,000 50,000,000 80% 80% 40,000,000 5,000,000 7

28,000,000 33,040,000 28,000,000 12 27,300,000 28,000,000 = 28,000,000 x 51% x 80% x 16.86 x 1.18 220,000,000 10 (i) (ii) (i) (ii) 8

(i) (ii) 50% 14.44 (iii) (iv) (v) (vi) 100% 540,000,000 (vii) 80% (viii) 9

(ix) (a) (b) (c) (i) (v) (vii) (viii) vii ix 10

51% 110,000,000 10 5,000,000 5,000,000 11

100% 100% 80% 100% 100% 51% 49% 100% 80% 100% 12

100% 500,000 40,000,000 50,000,000 80% 80% 16.9% 3.1% 2,035.36 13

116 90,000 10 10 14

(26) (10) (52) 134,072 (26) (10) (52) 134,072 171,425,000 15

7 8 121 143 5,810 6,856 25,719 30,348 7 8 121 143 5,810 6,856 25,719 30,348 (i) (i) (ii) (ii) (i) 16

(ii) (iii) (iv) (i) 9,000,000 (ii) (iii) (iv) 9,000,000 (v) 75 9,000,000 17

(i) (iv) (v) 51% 6,493,000 578,600,000 284,200,000 862,800,000 457,900,000 206,800,000 664,700,000 18

40.8% 14 600,000,000 62.5% 14.44 19

1. (www.hkexnews.hk) (www.elasialtd.com) (i) 30 100 (ii) 29 96 (iii) 29 86 (iv) 3 22 2. 267,219,000 61,090 100,000 100,112 6,017 267,219 175,000,000 12 I-1

3. 4. I-2

I-3

1. 51% II 31 II-1

II 2 II 4 II 2 II 4 3.340 II-2

2410 II 2 II 35 II-3

I. 7 32,657 (13,661) 18,996 14 24,422 8 109,593 (159) (26) (10) (52) (3) (1,904) (16,876) 9 (26) (10) (52) (3) 134,072 10 (26) (10) (52) (3) 134,072 (1,536) (26) (10) (52) (3) 132,536 (26) (10) (52) (3) 129,385 4,687 (26) (10) (52) (3) 134,072 (26) (10) (52) (3) 128,156 4,380 (26) (10) (52) (3) 132,536 II-4

13 202,114 17 2,124 II-5 204,238 14 5,659 15 15,976 16 20,395 17 3,453 21 19 19 19 19 18 5 5 12,506 31,054 24 24 12,525 76,556 19 11,678 20 7,209 21 48 58 12,611 50,854 23 14,228 24 1,138 48 58 12,611 85,107 (24) (34) (86) (8,551) (24) (34) (86) 195,687 22 10,361 23 3,658 24 10,243 24,262 (24) (34) (86) 171,425 25 2 2 2 2 (26) (36) (88) 128,068 (24) (34) (86) 128,070 32 43,355 (24) (34) (86) 171,425

31 21 19 19 19 19 18 5 5 5 7 24 24 24 26 21 48 58 69 71 48 58 69 71 (24) (34) (45) (45) 25 2 2 2 2 26 (26) (36) (47) (47) (24) (34) (45) (45) II-6

26 26 2 2 2 (26) (26) (26) 2 (26) (24) (24) (10) (10) (10) 2 (36) (34) (34) (52) (52) (52) 2 (88) (86) (86) 129,385 129,385 4,687 134,072 (1,229) (1,229) (307) (1,536) (1,229) 129,385 128,156 4,380 132,536 33 38,975 38,975 2,605 (2,605) 2 2,605 (1,229) 126,692 128,070 43,355 171,425 2 (36) (34) (34) (3) (3) (3) 2 (39) (37) (37) II-7

(26) (10) (52) (3) 134,072 8 (37) 9 5,096 9 6 8 (108,324) 14 (24,422) (26) (10) (52) (3) 6,391 (2,887) 10,348 (7,650) (4,081) 4,670 1,403 (26) (10) (52) (3) 8,194 (26) (10) (52) (3) 8,194 II-8

33 629 37 34 (8,423) (11,473) (19,230) 2 (19) 48 10 12,553 3 37,733 20 2,950 (4,838) (5,900) 31 10 12,553 3 29,965 5 12,501 18,929 5 5 5 12,506 (381) 5 5 12,506 5 31,054 II-9

II. 1. P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands 80% 33 31 2. (a) II-4 II-47 (b) 8,551,000 48,610,000 II-10

2,151.36 35 35 (c) 3. 7 1 12 1 9 2 15 2 16 3 1 2 3 9 9 9 39 9 39 9 39 II-11

15 15 18 11 15 1 2 3 4 5 15 16 16 17 12 16 17 16 17 4 (a) II-12

12 3 (i) (ii) (b) II-13

(c) 5 10 3 5 15 (i) (ii) (iii) II-14

(d) (i) (ii) 2 (e) (f) (i) II-15

(ii) (iii) (iv) (v) II-16

(vi) 39 (g) (h) (i) (i) (ii) (j) II-17

(k) (l) II-18

(m) (n) (o) (p) (q) (a) (i) (ii) II-19

(iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (viii) (i) (ii) (iii) 5. (a) II-20

(b) (c) 6. 10% 6,419 13,641 4,738 7. II-21

5,813 26,844 32,657 8. 37 52 33 108,324 1,180 109,593 9. 18 13,661 5,096 11,780 6 26 12 2,234 173 II-22

10. (26) (10) (52) (3) 134,072 16.5% (4) (2) (9) (1) 22,122 2,580 2 6 1 759 (17,874) 2 2 3 (7,587) 5% 10% II-23

11. 12. (a) (b) (a) 115 12 127 500,000 5 5 II-24

13. 33 1,885 1 335 170,217 5,446 177,884 11,845 39 11,473 7,377 30,734 2,850 (2,850) (95) (3) (35) (4,963) (5,096) (6) (6) (15) (3) (1,341) (43) (1,402) 16,470 37 297 175,380 9,930 202,114 16,566 42 351 180,692 9,930 207,581 (96) (5) (54) (5,312) (5,467) 16,470 37 297 175,380 9,930 202,114 2,035.36 116 6,000 14 II-25

14. 33 2,794 2,794 11,071 5,445 16,516 * 11,779 12,643 24,422 (11,071) (11,071) (23,714) (23,714) (3,266) (3,266) (22) (22) 708 4,951 5,659 * 1,394 93,536 375,677 II-26

23,714 365,391 41 13 33 2,794 16,516 24,422 (11,071) (23,714) (3,266) (22) 5,659 II-27

59 71 7.6 15.2 (i) (ii) (iii) (i) (ii) II-28

(iii) (iv) 15. 81 686 15,209 15,976 16. 20,395 0 30 II-29

0 30 1,876 31 60 13,821 61 90 3,186 91 365 1,512 20,395 1,876 17,007 1,512 20,395 17. 2,124 347 3,106 3,453 5,577 II-30

18. 5 5 12,506 31,054 5 5 5 7 25,850,000 19. 0 30 2,385 31 60 8,115 61 90 1,176 91 365 2 11,678 20. 321 3,272 3,616 7,209 II-31

21. (a) 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 (b) 48 58 12,611 48,657 i 56 ii 2,141 II-32 48 58 12,611 50,854 48 58 69 71

(i) (ii) 1,905 236 22. 10,361 9,370 991 10,361 II-33

23. 14,228 3,068 590 (14,228) 3,658 24. 33 547 10,838 (4) 11,381 25. 2 II-34

26. 10% 50% 25% II-35

(26) (26) (10) (36) (11) (47) (47) (36) (3) (39) II-36

27. (a) i 7,080 ii 124 iii 464 iv 348 (i) (ii) (iii) (iv) 24 (b) 52 52 II-37

28. (i) 38 202 617 857 (ii) 2,854 2,854 II-38

29. (a) 20,359 3,106 19 19 19 19 5 5 12,506 31,054 24 24 12,525 54,538 11,678 6,888 48 58 12,611 50,854 10,361 17,886 48 58 12,611 97,667 19 19 19 19 5 5 5 7 24 24 24 26 48 58 69 71 II-39

(b) 19,890,000 98% (c) 48 48 48 48 48 48 58 58 58 58 58 58 II-40

12,611 12,611 12,611 12,611 12,611 12,611 11,678 11,678 11,678 6,888 6,888 6,888 50,854 50,854 50,854 10,361 10,361 10,361 17,886 17,886 14,228 3,658 97,667 97,667 57,742 25,906 14,019 30. 10,361 17,886 28,247 (24) (34) (86) 171,425 0.2 II-41

31. i 1 100% ii 50,000,000 80% iii 20,000,000 100% (i) (ii) (iii) II-42

32. 80% 32,657 26,040 (2,605) 23,435 4,687 1,697 (3,972) 8,250 5,975 204,239 75,986 (36,480) (24,263) 219,482 43,355 II-43

33. 40,000,000 47,700,000 80% 50,706 177,884 2,794 2,794 753 1,917 12,846 12,846 1,508 1,508 47,680 47,680 20 20 629 629 (7,064) (7,064) (5,852) (5,852) (514) (514) (25,285) (25,285) (11,037) (11,037) (547) (547) 66,637 194,979 (38,975) 156,004 (108,324) 47,680 47,680 629 108,324,000 8 12,846,000 27,676,000 25,719,000 27,676,000 25,719,000 II-44

34. 10,838,000 35. (i) 13 (ii) (a) (b) (a) (b) II-45

(iii) (a) (b) (c) (d) (iv) (v) (1) 9,000,000 (2) (3) (4) 9,000,000 (5) 75 9,000,000 (1) (4) II-46

(5) 36. 48,610,000 35 III. 26 36 3607 P04743 II-47

2. 32,657,000 5,813,000 229,625 25 26,844,000 33,173 809 II-48

13,661,000 24,422,000 109,600,000 108,300,000 156,000,000 47,700,000 33 159,000 26,000 10,000 52,000 1,904,000 II-49

16,876,000 26,000 10,000 52,000 134,072,000 24,000 34,000 86,000 171,425,000 5,000 5,000 12,506,000 31,054,000 17,886,000 10,361,000 0.2 II-50

40,000,000 80% 2,854,000 115 2,407,000 II-51

1. 51% III-1

II 2 II 4 II 2 II 4 3.340 2410 III-2

II 2 II 32 III-3

I. 7 2,195 20,227 2,190 27,676 (1,062) (8,284) (1,260) (11,577) 1,133 11,943 930 16,099 14 1,421 3,953 3,953 20,697 8 12 1 1,075 (179) (33) (134) (5) (2,428) (6,244) (1,071) (1,365) (6) (3,663) (1,659) (10,653) 9 7 121 5,810 2,120 25,719 10 7 121 5,810 2,120 25,719 III-4

13 22,905 42,632 68,006 17 953 1,800 22,905 43,585 69,806 14 3,639 2,349 4,795 15 1,739 633 12,561 16 2,195 10,800 17,284 17 425 389 315 2,927 21 350 3 17 18 10,236 2 529 25,850 11,011 7,967 14,643 63,417 19 5,939 9,897 20 4 1,759 4,920 6,111 21 432 1,885 22 315 4,878 23 7,340 7,180 24 23 965 4 1,759 18,969 30,916 11,007 6,208 (4,326) 32,501 11,007 29,113 39,259 102,307 22 1,000 18,435 20,944 11,381 23 550 1,940 500 24 437 8,681 1,000 18,985 23,321 20,562 10,007 10,128 15,938 81,745 25 10,000 10,000 10,000 50,000 26 7 128 5,938 31,745 10,007 10,128 15,938 81,745 III-5

26 26 10,000 10,000 7 7 10,000 7 10,007 121 121 10,000 128 10,128 5,810 5,810 10,000 5,938 15,938 25,719 25,719 40,000 88 40,088 2,572 (2,572) 50,000 88 2,572 29,085 81,745 10,000 128 10,128 2,120 2,120 10,000 2,248 12,248 III-6

7 121 5,810 2,120 25,719 8 (12) (1) (31) 9 6 308 152 671 9 359 1 9 360 14 (1,421) (3,953) (3,953) (20,697) (5) (1,295) 2,884 (1,681) 5,663 (3,639) 1,290 573 (1,846) (318) 4,699 (244) 8,169 (2,195) (8,605) 1,222 (6,484) (425) 36 (879) 364 (3,459) 5,939 3,542 3,958 4 1,755 3,161 911 1,191 (426) (5,656) 8,489 4,687 7,192 (426) (5,656) 8,489 4,687 7,192 III-7

12 1 31 (43) (6,422) (2,922) (7,137) (22,868) (13,972) (6,277) (9,723) 460 460 12 (22,910) (19,934) (8,739) (16,829) 10,000 40,088 (350) 3 17 347 418 1,453 1,000 17,985 7,470 5,610 6,855 2,500 (200) (200) (4,100) (2,571) (810) (5,000) 10,650 18,332 11,972 4,603 34,958 10,236 (10,234) 527 551 25,321 10,236 2 2 529 10,236 2 529 553 25,850 III-8

II. 1. 2. (a) III-4 III-44 (b) 4,326,000 40,000,000 2,151.36 32 32 (c) III-9

3. 7 1 12 1 9 2 15 2 16 3 1 2 3 9 9 9 39 9 39 9 39 15 15 18 11 15 1 2 3 4 5 15 III-10

16 16 17 12 16 17 16 17 4 (a) 5 10 3 5 15 (i) (ii) (iii) III-11

(b) (i) (ii) 2 (c) III-12

(d) (i) (ii) III-13

(iii) (iv) (v) (vi) 39 (e) (f) III-14

(g) (i) (ii) (h) (i) III-15

(j) (k) (l) (m) (n) III-16

(o) (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (viii) (i) (ii) (iii) III-17

5. (a) (b) (c) 6. III-18

10% 10,273 2,676 5,440 2,047 271 11,560 4,015 7. 2,195 5,231 2,190 4,926 14,996 22,750 2,195 20,227 2,190 27,676 III-19

8. 12 1 31 44 1,000 12 1 1,075 9. 33 15 1,062 8,284 1,260 11,577 6 308 152 671 3,355 1,507 9,982 359 1 360 4 34 44 22 22 12 1,766 3,837 1,146 1,893 281 342 168 147 III-20

10. 7 121 5,810 2,120 25,719 25% 2 30 1,453 530 6,430 (2) (30) (1,453) (530) (6,430) 11. III-21

12. (a) i 30 30 i ii ii 30 30 35 35 29 29 26 26 iii 22 22 34 34 iv 146 146 III-22

18 18 14 14 13 13 12 12 16 16 73 73 v 3 3 18 18 v 3 3 v 3 3 v 3 3 vi 12 12 vi vi vi 42 42 (i) (ii) (iii) (iv) (v) (vi) III-23

(b) (a) 148 162 76 97 6 10 148 168 76 107 500,000 4 3 3 5 4 3 3 5 III-24

13. 2 3 38 22,868 22,911 (1) (5) (6) 2 2 33 22,868 22,905 2 3 38 22,868 22,911 (1) (5) (6) 2 2 33 22,868 22,905 III-25

2 2 33 22,868 22,905 1,583 260 13,972 4,579 20,394 (1) (1) (11) (295) (308) (359) (359) 1,584 1 282 36,186 4,579 42,632 1,585 3 298 36,481 4,579 42,946 (1) (2) (16) (295) (314) 1,584 1 282 36,186 4,579 42,632 1,584 1 282 36,186 4,579 42,632 10,038 33 9,723 6,252 26,046 2,416 (2,416) (80) (3) (30) (558) (671) (1) (1) 13,958 31 252 45,350 8,415 68,006 14,039 36 298 46,203 8,415 68,991 (81) (5) (46) (853) (985) 13,958 31 252 45,350 8,415 68,006 2,035.36 116 III-26

359,000 1,000 14 14. 416 4,701 5,117 * 416 1,005 1,421 (416) (416) (1,421) (1,421) (1,062) (1,062) 3,639 3,639 1,507 2,108 3,615 * 1,507 2,446 3,953 (1,507) (1,507) (3,953) (3,953) (3,398) (3,398) 2,349 2,349 9,382 4,614 13,996 * 9,982 10,715 20,697 (9,382) (9,382) (20,097) (20,097) (2,768) (2,768) 600 4,195 4,795 III-27

* 1,182 93,536 327,947 98,073 375,677 1,421 3,953 3,953 20,097 33,834 82,344 82,344 365,391 41 13 III-28

3,639 2,349 5,117 3,615 13,996 1,421 3,953 20,697 (416) (1,507) (9,382) (1,421) (3,953) (20,097) (1,062) (3,398) (2,768) 3,639 2,349 4,795 40 44 3.1 11.1 45 50 4.6 13.3 50 60 6.4 12.9 (i) (ii) (iii) III-29

(i) (ii) (iii) (iv) III-30

15. 318 18 68 582 1,421 615 11,911 1,739 633 12,561 16. 2,195 10,800 17,284 0 30 0 30 572 527 1,589 31 60 528 2,173 11,713 61 90 495 4,100 2,700 91 365 600 4,000 1,282 2,195 10,800 17,284 572 527 1,589 1,023 6,273 14,413 600 4,000 1,282 2,195 10,800 17,284 III-31

17. 953 1,800 20 160 295 425 369 155 2,632 425 389 315 2,927 425 389 1,268 4,727 18. 10,236 2 529 25,850 III-32

19. 0 30 2,323 2,022 31 60 1,351 6,877 61 90 2,265 996 91 365 2 5,939 9,897 20. 272 4 574 2,992 2,774 1,185 1,928 3,065 4 1,759 4,920 6,111 21. (a) 3 17 350 350 3 17 III-33

350 350 350 3 3 (b) 23 73 47 359 1,815 432 1,885 i 359 1,615 ii 200 (i) (ii) III-34

22. 155 160 4,878 315 4,878 290 4,773 2,543 410 13,662 4,620 2,600 300 13,781 8,781 1,000 18,435 20,944 11,381 315 4,878 1,775 14,934 10,541 1,000 16,660 6,010 840 1,000 18,435 21,259 16,259 III-35

23. 7,340 7,180 550 1,940 500 (7,340) (7,180) 550 1,940 500 24. 460 460 9,186 460 9,646 25. 10,000 40,000 50,000 III-36

26. 10% 50% 50% 27. (a) i 2,676 6,000 ii 73 105 iii 393 iv 295 (i) (ii) (iii) (iv) III-37

24 (b) 28. 12 (i) 44 38 26 32 174 178 167 171 654 659 567 523 872 875 760 726 (ii) 130 1,817 2,149 130 1,817 2,149 III-38

29. (a) 2,195 10,800 17,284 425 369 155 2,632 350 3 17 10,236 2 529 25,850 11,011 2,569 11,501 45,766 5,939 9,897 4 1,759 4,920 5,839 432 1,885 1,000 18,435 21,259 16,259 550 9,280 7,680 1,004 20,744 41,830 41,560 (b) 786,000 36% 10,672,000 99% 16,856,000 98% III-39

(c) 4 4 4 1,000 1,000 1,000 1,004 1,004 4 1,000 1,759 1,759 1,759 18,435 18,435 18,435 550 550 550 20,744 20,744 1,759 18,985 5,939 5,939 5,939 4,920 4,920 4,920 432 432 432 21,259 21,259 315 20,944 9,280 9,280 7,340 1,940 41,830 41,830 5,352 13,594 22,884 III-40

9,897 9,897 9,897 5,839 5,839 5,839 1,885 1,885 1,885 16,259 16,259 4,878 11,381 7,680 7,680 7,180 500 41,560 41,560 7,724 21,955 11,881 30. 1,000 18,435 21,259 16,259 550 9,280 7,680 1,000 18,985 30,539 23,939 10,007 10,128 15,938 81,745 0.1 1.9 1.9 0.3 31. 9,186,000 III-41

32. (i) 13 (ii) (a) (b) (a) (b) (iii) (a) (b) (c) (d) III-42

(iv) (v) (1) 9,000,000 (2) (3) (4) 9,000,000 (5) 75 9,000,000 (1) (4) (5) 33. 32 III-43

III. 26 36 3607 P04743 III-44

2. 2,195,000 93,797 23 20,227,000 5,231,000 229,874 23 14,996,000 25,840 580 27,676,000 4,926,000 229,625 21 22,750,000 33,173 686 III-45

1,062,000 8,284,000 11,577,000 1,421,000 3,953,000 20,697,000 12,000 1,000 1,075,000 179,000 134,000 5,000 2,428,000 6,244,000 1,365,000 2,423,000 III-46

3,816,000 (i) 1,531,000 (ii) 719,000 1,071,000 294,000 6,000 3,663,000 10,653,000 (i) (ii) 7,000 121,000 5,810,000 25,719,000 10,007,000 10,128,000 15,938,000 81,745,000 III-47

10,236,000 2,000 529,000 25,850,000 10,000,000 40,000,000 1,000,000 18,435,000 21,259,000 16,259,000 550,000 9,280,000 7,680,000 0.1 1.9 1.9 0.3 130,000 1,817,000 2,149,000 III-48

126 143 115 2,047,000 4,179,000 2,040,000 III-49

(A) (1) 4.29 IV-1

(2) 1 2 3 4 5 336,944 202,114 539,058 5,000 5,000 21,295 21,295 2,124 2,124 113,482 113,482 363,239 204,238 113,482 680,959 5,659 5,659 42,769 15,976 58,745 60,419 20,395 80,814 42,749 3,453 19 46,221 330 330 19 (19) 69,065 31,054 (110,000) (9,881) 215,332 76,556 (110,000) 181,888 63,207 11,678 74,885 101,428 7,209 6,493 50,854 165,984 50,854 (50,854) 14,228 14,228 1,138 1,138 43,961 43,961 100,000 100,000 44,588 44,588 353,184 85,107 6,493 444,784 (137,852) (8,551) (110,000) (6,493) (262,896) 225,387 195,687 3,482 (6,493) 418,063 18,982 18,982 58,517 58,517 10,361 (10,361) 3,658 10,361 14,019 10,243 10,243 9,142 9,142 90,909 90,909 18,111 18,111 104,752 24,262 90,909 219,923 120,635 171,425 (87,427) (6,493) 198,140 IV-2

1. 2. 48,610,000 3. 51% 3 3 (i) 200,909 (ii) (171,425) 49% 83,998 (iii) 113,482 (i) 110,000,000 110,000,000 110,000,000 90,909,000 (ii) 3 IV-3

(iii) 36 3 4. 6,493,000 5. 24 6. 7. 160,000,000 800,000,000 960,000,000 195,200,000 193,000,000 (i) (ii) (iii) 8. IV-4

(B) 51% 2 4 1 4.29 7 7 IV-5

1 4.29(7) 3420 4.29 7 IV-6

(a) (b) (c) 4.29(1) IV-7

6 8 27 2703 100% 100% 2,151.36 V-1

I. II. III. IV. 1. 2. 3. 4. V-2

V. 1. 2. 3. VI. VII. 11 20 30 V-3

3 10 20 30 10 VIII. 1. 2. 3. 4. 5. 6. V-4

7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 4 V-5

IX. 1. 7% 2% 9 1 7.70 7.70 7.30 6.90 6.49 (%) (%) 2.65 2.62 1.99 1.44 1.80 V-6

10 6% 7% 6.90% 6.49% 6.0% 9 1 6.6% 6.5% 6.4% 6.3% 6.2% 6.1% 6.0% 5.9% 5.8% 5.7% 109,820 177,620 8.3% 9 2 1 17,947 18,558 19,285 20,145 21,016 21,874 22,766 2 10,982 11,383 12,263 13,338 14,605 16,144 17,762 3 4,123 4,412 4,514 4,562 4,676 4,800 4,895 4 3,358 3,468 3,592 3,697 3,822 3,959 4,066 5 2,849 2,761 2,885 2,999 3,123 3,256 3,874 6 2,421 2,465 2,538 2,609 2,700 2,804 2,895 V-7

2. 19,109 28,844 10.8% 5,919 10,489 15.4% 1.99% 5.40% V-8

9 2 3. 13.1 13.7 0.44% 44.34% 55.88% 2.37% 9 3 1,380.00 1,370.00 1,360.00 1,350.00 1,340.00 1,330.00 1,320.00 1,310.00 1,300.00 1,290.00 1,280.00 60% 50% 40% 30% 20% 10% 0% V-9

4.1% 9 3 1,374.620 1,381.45 1,388.32 1,395.22 1,402.16 1,409.13 (%) 4.05 4.05 4.05 4.05 4.05 4.05 9 4 0 14 260 257 252 247 223 222 223 223 226 227 15 64 951 958 967 974 999 1,003 1,004 1,006 1,005 1,003 >=65 104 106 110 113 119 123 127 132 138 144 4. 1.50% 1.99% V-10

A 9 5 (%) 2.78 2.82 3.04 3.14 3.16 3.17 3.16 4.71 4.45 4.20 4.05 3.99 4.00 3.95 1.44 1.80 2.00 2.20 2.60 3.00 3.00 5. 7.1% V-11

X. (423 A.D) 250 1. 3.5 4.1 13.2% 16.8% 10 1 0.45 16.8% 18.0% 0.40 0.35 0.30 15.9% 11.9% 13.2% 16.0% 14.0% 12.0% 0.25 0.20 0.24 0.28 0.31 0.35 0.41 10.0% 8.0% 0.15 6.0% 0.10 4.0% 0.05 2.0% 0.00 0.0% V-12

3,750 2 10 2 2. V-13

60 680 21% 46% 10 3 800 700 600 500 550 680 400 300 200 100 0 400 230 150 28 36 44 45 60 3. 4.1 V-14

27.1% 24.6% 18.5% 12.2% 10 4 8.2% 9.4% 12.2% 18.5% 24.6% 27.1% 40 50 20 10 1 75,349.25 344.20 96,974.49 468.79 97,356.48 453.98 25,047.07 110.15 V-15

10 5 45,000.0 40,000.0 35,000.0 30,000.0 25,000.0 20,000.0 15,000.0 10,000.0 5,000.0-40,621.2 13,883.3 10,508.4 10,240.0 5,600.5 2,384.4 1,709.3 1,887.8 4. 10 60 2013 [2013]92 V-16

XI. 1. 936 2. 80% 3. 4. 80% 5. XII. 51% 220,000,000 110,000,000 110,000,000 V-17

XIII. 1. 2,151.36 1,260.2 3 A B C A B C 13 1 A 17,571 2012 4 B 36,968 2013 3 C 35,428 2014 2 89,967 2. 36 A B C A BC V-18

XIV. 1. 2. V-19

3. XV. 1. 2. 3. 4. 5. 6. V-20

XVI. 1. 2. 3. 4. 5. XVII. V-21

1. (Bloomberg) 2. 1. 30 V-22

16 16 7.5 446.4 143.9 135.4 190.0 36.0 16 12 V-23

17 1 1 2 3 4 5 Yamada Green Resources Ltd 6 756 HK 002772 CH 6183 HK 002041 CH YGR SP 000998 CH V-24

17 2 1. 756 HK 807.29 67.88 11.9 2. 002772 CH 7,332.71 114.38 64.1 3. 6183 HK 1,641.77 217.73 7.5 4. 002041 CH 13,666.40 441.88 30.9 5. YGR SP 284.60 37.04 7.7 6. 000998 CH 23,767.20 463.37 51.3 21.4 21.4 V-25

2. 100% 17 3 21.4 * 27,257,928 583,590,223 5% 29,179,511 612,769,735 DLOM 25% (153,192,434) DLOM 459,577,301 1.18 DLOM 542,301,215 100% 542,301,000 * 3. V-26

17 4 * 1. 756 HK 149.56 76,000 1,968 226.81 446,323 2. 002772 CH 7,355.77 3. 6183 HK 524.75 1,965 267,047 1.79 477,555 4. 002041 CH 13,417.23 180,000 74,540 14.86 1,107,956 5. YGR SP 72.67 117,176 620 484.92 300,740 6. 000998 CH 23,457.18 500,000 46,914 43.30 2,031,551 477,555 * GCA Research 1,260.2 DLOM 473,928,761 V-27

4. V-28

17 5 601,814,299 583,590,223 5% 30,090,715 29,179,511 DLOM 631,905,014 612,769,735 25% (157,976,254) (153,192,434) DLOM 473,928,761 459,577,301 1.18 DLOM 100% 559,235,938 542,301,215 559,236,000 542,301,000 XVIII. V-29

FactSet Mergerstat Review 2016 Factset Mergerstat Business Valuation Resources, LLC 48.5% 41.7% 1+48.5% 1+41.7% 1=4.8% 5% XIX. DLOM DLOM DLOM DLOM FactSet Mergerstat Review 2016 Factset Mergerstat Business Valuation Resources, LLC DLOM 26% 22% 25% DLOM V-30

XX. 100% 100% 20 1 100% 19.4 (-2) 491,642 20.4 (-1) 516,972 21.4 542,301 22.4 (+1) 567,631 23.4 (+2) 592,960 XXI.................................................................................................................................................................................................................................................. 542,301,000......................................................... 100% 542,301,000 V-31

XXII. 1. 2. 3. 4. V-32

XXIII. XXIV. 40.8% 100% 542,301,000 V-33

26 36 3607 CPA, CFA, FRM, MStat CPA FRM CPA, CFA, FRM, MStat 4 CPA 3 V-34

FRM 3 V-35

1. 2. XV XV 7 8 352 600,000,000 62.50% XV XV 7 8 352 VI-1

3. (i) Winerthan Chiu Winerthan Chiu (ii) 4. 5. (i) (ii) 6. VI-2

7. 26,100,000 12,900,000 (i) (ii) 8. (i) 160,000,000 1.220 193,000,000 (ii) 9. (i) (ii) VI-3

(iii) 10. (i) Clifton House, 75 Fort Street, P.O. Box 1350, Grand Cayman KY1-1108, Cayman Islands 26 36 3607 (ii) 183 22 (iii) (iv) 11. 14 26 36 3607 (i) (ii) (iii) (iv) (v) (vi) VI-4

(vii) (viii) (ix) VI-5