, (i) (ii)

() : 1381 2015

2016 3 22 14,650 2013 (i) (ii) 2014 12 2015 1

2 3 4 8 9 10 23 31 42 48 61 63 64 65 67 69 71 130 132 134

2015 2 12 31 12 31 2015 2014 1,184,536 793,967 +49.2% 581,128 541,946 +7.2% 439,324 342,321 +28.3% 49.2% 793,967 1,184,536 EBITDA 511,844 407,985 +25.5% 288,895 208,359 +38.7% 272,001 191,038 +42.4% 13.6 12.7 +7.1% 311,530 307,920 +1.2% 38.7% 2014 2015 12 31 208,359 288,895 12 31 2015 2014 4,467,917 3,767,416 +18.6% 2,133,516 1,349,452 +58.1% 1,419,895 1,028,686 +38.0% 2014 2015 12 31 2,334,401 2,314,992-0.8% 47.8% 35.8% +12.0 18.6% 3,767,416 4,467,917 2014 2015

3 15 1 1,500 15 3 2014 45.9% 15 4 15 5 45% 15 5 100% 15 6 1,500 15 8 2015 100,895,000 100% 15 8 15 12 AAA 100% 2016 1

5 2015 12 31 2015 E202015 6.51.1 201426%70%35% 2013201823% 201850% 20142016 1 1 2015 49.2% 1,184.5 272.0 42.4%37.1%

2015 6 201580% 12,4002016 14,6502016 3 BOT15,700 2014

7 AAA 2016 465 2015 12 31 2016 3 22

8 2015 8 7 5 4 1-3 3 6 1 2 3 4 5 6 7 8 14,650 1,800 1,200 1,500 1,800 1,800 1,200 1,500 1,000 1,500 1,000 500 500 36 50 30 42 30 24 BOO BOO BOO BOT BOT BOT BOT BOT BOT 242004 12 10 2028 11 30 110 110 30 110 110 110 50 282013 4 18 2041 4 17 2042 4 700 350 12 6 30 81.8 95 80 2016

9 > 850

2015 10

11 1,504,558 657,197,000 709,773

2015 12 2015 12 31 2015 12 311,184.52014794.0 201449.2% 381.22014297.4288.92014208.4 28.1% 38.7%272.02014191.0 42.4%13.6201412.77.1% 1,504,558 657,197,000262,879 709,773 20153,600 5,400 50% 201512,40080% 14,650 15,700 2016 3 22 1014,6502015 2015

13 2014 4 2015 8 2015 1 1,500 2016 2015 8 2015 8 24 2015 12 1,200 20162015 4 2015 545% 2015 5 12 2015 5 100% 2015 5 26BOT 2015 6 1,500 2016 2015 6 26 2016 3 10 BOT 1,050 2016 3 10

2015 14 2015 11100% 2016 1 110,000,000130,900,000100% 2016 1 26 12 31 2015 2014 3 201,152 104,423 1 191,706 107,950 89,000 69,634 78,500 58,638 2 88.2% 84.2% 576,207 563,441 1 577,611 540,900 249,476 239,903 221,272 208,374 2 88.7% 86.9% 711,935 720,672 1 683,011 671,339 297,322 289,135 261,140 258,189 2 87.8% 89.3% 4 54,873 1 52,230 21,399 15,568 2 72.8% 1,544,167 1,388,536 1 1,504,558 1,320,189 657,197 598,672 576,480 525,201 2 87.7% 87.7%

15 1 2 3 2014 42015 8 4 2015 8 142015 8 14 1,184.52014794.049.2% BOT 2015 8 2015 8 14 20152014 12 31 12 31 2015 2014 376,211 31.8% 349,149 44.0% 204,917 17.3% 192,797 24.3% BOT 583,328 49.2% 247,763 31.2% BOT 20,080 1.7% 4,258 0.5% 1,184,536 100.0% 793,967 100.0%

2015 16 20152014 12 31 12 31 2015 2014 78,463 6.6% 50,761 6.4% 223,908 18.9% 219,976 27.7% 268,447 22.7% 271,209 34.2% 600,799 50.7% 252,021 31.7% 12,919 1.1% 1,184,536 100.0% 793,967 100.0% 2014451.665.0% 2015745.2 2014 206.5 2015486.12015 65.2% 2015439.32014342.328.3%

17 20152014 12 31 12 31 2015 2014 322,022 73.3% 296,769 86.7% BOT 97,222 22.1% 41,294 12.1% BOT 20,080 4.6% 4,258 1.2% 439,324 100.0% 342,321 100.0% 201443.1%201537.1% 20152014 12 31 12 31 2015 2014 55.4% 54.8% BOT 16.7% 16.7% BOT 100.0% 100.0% 37.1% 43.1% 201496.715.4% 2015111.6

2015 18 201451.54.5% 2015 49.2 201320142015 2014 2015 2015 20140.420154.3 20152015 201461.8 201551.4 201427.3201540.9 2014191.042.4% 2015272.0 311.52014308.0BOT 343.02014106.431.5 2014 201.6 2015 12 31449.1 2014 12 311,328.2

19 2014 121,165.0 1,068.52014 12 15 2015 12 31 812,095 746,271 65,824 149,596 70,313 79,283 106,855 68,183 38,672 1,068,546 884,767 183,779 2015 12 311,419.9 2014 12 311,028.7 2,334.42014 12 312,418.0 20152014 12 31 12 31 2015 2014 1,098,852 776,110 321,043 252,576 1,419,895 1,028,686

2015 20 20152014 12 31 12 31 2015 2014 449,546 432,888 970,349 595,798 1,419,895 1,028,686 2015 12 3147.8% 2014 12 31 35.8% 2015 12 31 1,762.3 342.4 2015 12 3163.3201467.34.0 2015 5.15% 6.90% 2014 6.08% 7.36% 2015 12 31 1,225.92014 12 31 348.22014 12 31942.1 2015 12 31 14.22014 12 312.2

21 2015 545% 2015 5 12 2015 5 100%BOT 2015 6 1,500 1,000 500 2015 5 262015 6 262015 8 14 2015 8 2015 8 24 2015 11100% 2016 1 100% 2016 1 26 2015 12 31 2015 12 31 1,019.82014315.9 2015 12 31

2015 22 2015 12 31 1,575.62014 1,349.4 2015 12 31 54912 53019 2014 12 7 2014 12 29 2015 12 3190.8 5.8 201468.0 2016 1 465,012,000 2016 1 26 2016 1100% 110,000,000130,900,000 2016 1 26 2016 3 BOT 1,050 2016 3 10 2014 12 15 1902015 12 31

23 A. (GB18485-2014)(GBT19923-2005) 2015 27.3207.6784.0 1,504,558 657,197,000262,879709,773 1.2 0.9 0.6 0.3 0.0

2015 24 201575,692.3

25 20155,527.4220.0121.4 2,707,649 0.00473,926,320 B.

2015 26 2015 Wi-Fi 2015 10 2 12 19 5 24 140 0 140 9 0 9 11 0 11 253 0 253 88 12 100 530 19 549

27 2015 423 8 431 107 11 118 530 19 549 2015 45 36-45 26-35 25 45 76 3 79 36 45 155 8 163 26 35 236 8 244 25 63 0 63 530 19 549

2015 28 2015

29 2015 3,007

2015 30

31 2015 12 31A.6.7 2015 6 16 2014 12 31 2014 1 28 2014 2 10 2014 9 24 2014 9 24 2014 9 24 2014 9 24 2014 12 7 2014 12 7 2014 12 7

2015 32 42 44 2015 12 31 3.10(1) (2) 3.10A 3.13 2015 12 319

33 A B C A B A B C A B C A B C A B C A B A B B A B C

2015 34 14 21 3 14

35 2015 7/7 1/1 7/7 0/1 7/7 1/1 7/7 0/1 7/7 1/1 7/7 1/1 7/7 3/3 1/1 2/2 1/1 0/1 7/7 3/3 1/1 2/2 1/1 1/1 7/7 3/3 1/1 2/2 1/1 1/1 2015 12 31 4 (www.canvestenvironment.com) (www.hkexnews.hk) 3.21 (i) (ii) (iii)(iv)

2015 36 2015 12 31 3 20142014 20152015 2015 2015 12 31 2015 2014 2,700 1,500 893 98 3.25

37 (i) (ii) (iii) (iv) 2 2015 2014 2015 2015 12 31 1,000,000 3 1,000,0012,000,000 7 2,000,0013,000,000 1 (i)(ii) (iii)

2015 38 1 2 3 4 5 6 7 8 9 31-40 41-50 51-60 2 3 2015 (i) (ii) (iii)(iv) 14

39 45 12.3 21 21

2015 40 615 (i) (6) (ii) (a) 2.5% (b) 50 1 68 6803B (i) (ii)13.51(2) (3) (7) (7) (www.canvestenvironment.com) 2015 2015 2015

41 (www.canvestenvironment.com)(www.hkexnews.hk) 2015 133 2015 (www.canvestenvironment.com)(www.hkexnews.hk) 2016(20) (www.canvestenvironment.com) (www.hkex.com.hk)

2015 42 412014 1 282014 9 24 2011 11 1997 92012 9 1997 11 362014 2 102014 9 24 2003 6 2011 10 1998 92002 10 2002 112011 9 2008 12 502014 9 24 2003 62011 10 1995 92004 7 2004 72008 92007 112008 12 2009 6

43 412014 9 24 2007 8 2009 22013 4 1997 9 2009 12 1997 11 2007 12 362014 9 24 Olympus Capital Holdings Asia 2008 10 Olympus Capital Holdings Asia2009 7 2010 3Olympus Capital Holdings Asia Olympus Capital Holdings AsiaMerrill Lynch (Asia Pacific) Limited2008 8 2001 5 412014 9 24 2013 1 2007 6 Temasek Holdings (Private) Limited1997 5 562014 12 72003 4 002215000893 0023192012 52014 9Sincap Group Limited 5UN1982 12 1991 7 2001 11

2015 44 422014 12 7 01592015 6 30 0630 0500 01822006 122014 1 2015 118172 1995 5 382014 12 7 2002 82003 10 1999 122004 12 13.51(2) 16 12 482004 22014 9 24 1995 8 1997 22004 2 1989 7 1992 7 2004 12

45 392009 3 2014 9 24 2011 6 2012 12 2003 32007 112008 12 2009 32011 5 2011 6 2000 7 422013 62014 9 24 2009 32012 1 2005 22009 3 Wah Yuet (Ng s) Group Holdings Limited1998 92004 1 1998 11 462011 82014 9 24 2011 82013 12014 4 1998 62008 8 2008 11 1989 7

2015 46 472009 3 2014 8 25 2011 62012 6 1994 12 2005 5 2000 11 1996 112005 10 2009 32007 112009 2 1989 7 482015 82003 112004 122004 122005 9 2005 92007 4 2007 52011 112011 112015 7 1988 482005 4 1999 11 1993 32005 4 2003 7 2009 1

47 472009 32009 112011 9 2012 102003 12 2008 22009 32011 62003 9 2008 32009 1 1995 12 482006 7 1995 112005 11 1994 10 1996 62006 7 1990 7 432006 5 1997 5 2000 112006 5 2013 7 512010 4 1996 121998 52005 5 2005 52007 4 1988 7

2015 48 2015 12 31 5 2015 12 3114 2015 12 31 63 2015 12 314 7 10 22 2015 12 31 2014 2015 12 3126 2015 12 312,000,000,000 2015 12 3167 2015 12 311,191.720141,056.1 2015 12 31195,250

49 2014 12 29 1,165.0 1,068.52015 12 31 884.82015 12 31 10 22 2015 12 31 965.0 2015 12 31 16 2015 12 31 27 2015 12 3111 2.22 2015 12 31130 131 3142 44 16.182016

2015 50 44 47 2014 12 72015 4 243,000,000 2015 12 3126(c) 1. 2. 1. 2. 3. 4. 5. 2015 12 31 197,000,000 2015 12 31 9.85%

51 1% 1.00 1. 2. 3. 2014 12 72024 12 6

2015 52 2014 12 72015 4 24 3,000,000 2015 4 24 26 2015 1 1 2015 12 31 * ** 250,000 250,000 2015 4 24 2015 4 24 2025 4 23 4.39 250,000 250,000 2015 4 24 2015 4 24 2025 4 23 4.39 250,000 250,000 2015 4 24 2015 4 24 2025 4 23 4.39 750,000 750,000 2,250,000 2,250,000 2015 4 24 2015 4 24 2025 4 23 4.39 3,000,000 3,000,000 * ** *** 4.39 197,000,0002015 12 312016 3 22 9.85%

53 2015 12 31571 XV (i) XV7 8 (ii) 352 (iii) (1) (2) (1) (4) 1,626,000 250,000 250,000 1,301,652,837 1,303,778,837 65.2% 10,000,000 1,301,652,837 1,311,652,837 65.6% 250,000 357,000 607,000 0.03% 250,000 (3) 1,303,528,837 1,303,778,837 65.2% 30,000 30,000 0.0% 1. VISTA CoVISTA CoHSBC International Trustee Limited Harvest VISTA TrustHarvest VISTA Trust Harvest VISTA Trust 2. 48 3. 250,000 4.

2015 54 (2) 1 100.0% 1 100.0% 1. VISTA CoVISTA CoHSBC International Trustee Limited Harvest VISTA TrustHarvest VISTA Trust Harvest VISTA Trust 2015 12 31 (i) XV23 (ii) 336 10%

55 (1) HSBC International Trust Limited 1,301,652,837 (1) 65.1% VISTA Co 1,301,652,837 (2) 65.1% 1,301,652,837 (3) 65.1% 1,301,652,837 65.1% AEP Green Power, Limited 103,305,678 (4) 5.2% 1. VISTA CoVISTA Co HSBC International Trustee Limited Harvest Vista TrustHarvest Vista Trust Harvest Vista Trust 2. VISTA Co55% VISTA Co 3. 45% 4. 2016 1 21AEP Green Power, Limited 103,305,678116,305,678 5.8%

2015 56 2015 12 31(i) XV2 3 (ii) 336 2015 12 315492015 12 3190.8 2015 10 2014 12 15VISTA Co 2014 12 10

57 2014 18 18 2016 1 20 465,012,000 3.91 3.91 465,012,000 118,928,900 5.95% 5.61% 2016 1 26

2015 58 2015 12 31 51% 88% BOT77% 83% 5%

59 2015 12 31 2014 31 41 23 30 2015 12 3123 30 2015 5 12 45% 220,000,000268,531,000 45% 45% 14A 2015 5 12

2015 60 2015 12 31 25% 2015 12 31 34 2015 12 31 2016 2016 35 2016 3 22

61 63 129 2015 12 31

2015 62 2015 12 31 2016 3 22

63 2015 12 31 2015 2014 5 1,184,536 793,967 6 (745,212) (451,646) 439,324 342,321 6 (111,646) (96,723) 7 49,158 51,467 8 4,325 381 381,161 297,446 11 11,897 5,525 11 (63,271) (67,334) (51,374) (61,809) 329,787 235,637 12 (40,892) (27,278) 288,895 208,359 272,001 191,038 16,894 17,321 288,895 208,359 13 13.6 12.7 13 13.6 12.7 71 129

2015 64 2015 12 31 2015 2014 288,895 208,359 (109,761) (1,253) (203) (109,761) (1,456) 179,134 206,903 162,161 189,784 16,973 17,119 179,134 206,903 71 129

65 2015 12 31 2015 2014 15 153,642 167,087 16 964,989 530,272 17 1,914,654 1,270,663 21 119,892 113,126 18 511,595 119,914 3,664,772 2,201,062 20 472 507 21 86,578 70,967 18 38,026 21 72,373 32,391 1,215 23 156,560 6,338 24 126,764 25 449,136 1,328,172 803,145 1,566,354 4,467,917 3,767,416 26 20,000 20,000 26 1,084,780 1,084,780 26 542,876 781,809 686,745 428,403 2,334,401 2,314,992 102,972 2,334,401 2,417,964

2015 66 2015 12 31 2015 2014 28 37,300 27 1,098,852 776,110 56 71 19 209,373 104,442 2,708 1,316 1,348,289 881,939 28 461,003 212,663 27 321,043 252,576 3,181 2,274 785,227 467,513 2,133,516 1,349,452 4,467,917 3,767,416 17,918 1,098,841 3,682,690 3,299,903 63 129 2016 3 22 71 129

67 2015 12 31 26 26 26 26 26 26 2014 1 1 360,463 36,609 8,097 203 20,524 250,051 675,947 85,853 761,800 191,038 191,038 17,321 208,359 (1,051) (1,051) (202) (1,253) (203) (203) (203) (203) (1,051) 191,038 189,784 17,119 206,903 26 5,012 1,160,000 1,165,012 1,165,012 26 14,988 (14,988) 26 (60,232) (60,232) (60,232) 12,686 (12,686) 26 344,481 344,481 344,481 2014 12 31 20,000 1,084,780 704,944 49,295 8,097 19,473 428,403 2,314,992 102,972 2,417,964

2015 68 2015 12 31 26 26 26 26 26 26 2015 1 1 20,000 1,084,780 704,944 49,295 8,097 19,473 428,403 2,314,992 102,972 2,417,964 272,001 272,001 16,894 288,895 (109,840) (109,840) 79 (109,761) (109,840) 272,001 162,161 16,973 179,134 13,659 (13,659) 31 (148,586) (148,586) (119,945) (268,531) 26 5,834 5,834 5,834 2015 12 31 20,000 1,084,780 704,944 62,954 (140,489) 5,834 (90,367) 686,745 2,334,401 2,334,401 71 129

69 2015 12 31 2015 2014 329,787 235,637 BOT (583,328) (247,763) BOT (20,080) (4,258) 47,184 35,843 3,843 3,966 67,759 65,205 (11,897) (5,525) 63,271 67,334 4,602 (3,126) 5,834 277 9,949 (4,164) 33,067 (11,238) 8,169 (3,196) (232) (59,027) 30,535 148,446 (2,952) (17,763) 221,685 (13,701) (20,115) (31,464) 201,570 30 (355,878) (113,190) (64,697) (367,279) (207,231) 1,872 6,875 (3,876) 44,461 (1,244) 124,420 11,897 5,525 (650,909) (267,436)

2015 70 2015 12 31 2015 2014 (155,525) 31 (268,531) 757,718 70,688 (350,130) (176,070) (80,136) (68,682) 30(a) (68,785) 86,115 1,165,012 (10,194) (77,012) 344,481 (175,583) 1,344,532 (857,956) 1,278,666 1,328,172 49,803 (21,080) (297) 449,136 1,328,172 71 129

71 2015 12 31 1 1.1 2014 1 28 221961 P.O. Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands 2016 3 22 2 2.1 2015 12 31 3030 2015 12 31 449,136,0001,419,895,000348,225,000

2015 72 2015 12 31 2 2.1 2015 12 3112 27 3535 2015 12 3112 4 2.1.1 (a) 2015 1 1 19 201020128 1638 24 201120133 13 40

73 2015 12 31 2 2.1 2.1.1 (b) 622 6229 (c) 2015 1 1 9 9 2014 7 39 9 399 9 9 39 2018 1 1 9 15 18 11 152018 1 1 15

2015 74 2015 12 31 2 2.1 2.1.1 (c) 2.2 2.2.1 (a)

75 2015 12 31 2 2.2 2.2.1 (a) (b) 2.2.2

2015 76 2015 12 31 2 2.3 2.4 (i) (ii) (iii)

77 2015 12 31 2 2.5 20 25 10 15 3 5 3 5 2.6

2015 78 2015 12 31 2 2.7 (a) (b) BOT 2.8

79 2015 12 31 2 2.9 2.9.1 12 2.9.2 2.10

2015 80 2015 12 31 2 2.11 2.12

81 2015 12 31 2 2.13 (a) (b) 2.14 2.15 2.16

2015 82 2015 12 31 2 2.17 2.18 2.19 (a)

83 2015 12 31 2 2.19 (b) (c)

2015 84 2015 12 31 2 2.20 2.21 (i) (ii) (iii)

85 2015 12 31 2 2.21 (iv) (v) 2.22 (i) 5% 1,500

2015 86 2015 12 31 2 2.22 (ii) (iii)

87 2015 12 31 2 2.23 2.24 2.25 3 3.1 (i)

2015 88 2015 12 31 3 3.1 (ii) 2015 12 3163% 20147% 68% 201477% (iii) 31,464,0002014 201,570,000BOT 342,994,0002014106,350,000BOT 311,530,0002014307,920,000 20152014 12 31

89 2015 12 31 3 3.1 (iii) 2015 12 31 392,271 238,697 944,962 264,196 1,840,126 460,992 37,300 498,292 853,263 275,997 944,962 264,196 2,338,418 2014 12 31 312,886 209,297 579,911 114,752 1,216,846 212,643 212,643 525,529 209,297 579,911 114,752 1,429,489 (iv) 2015 12 31 100 13,005,0002014 10,287,000

2015 90 2015 12 31 3 3.2 20152014 12 31 2015 2014 27 1,419,895 1,028,686 25 (449,136) (1,328,172) 970,759 (299,486) 2,334,401 2,417,964 3,305,160 2,118,478 29%

91 2015 12 31 3 3.3 20152014 12 31 (i) (ii) (iii) 20152014 12 31

2015 92 2015 12 31 4 4.1 BOT 2.21 4.2 (i)(ii) (iii) 4.3

93 2015 12 31 4 4.4 30 5 2015 12 31 2014 2015 12 31 2014 2015 2014 376,211 349,149 204,917 192,797 BOT 583,328 247,763 BOT 20,080 4,258 1,184,536 793,967

2015 94 2015 12 31 5 2015 12 31600,799,000 51% 583,328,00017,471,0002015 12 31 366,984,00031% 2014 12 31349,149,000 44% 2014 12 31252,021,000 32% 247,763,0004,258,000 6 2015 2014 3,378 19,421 2,248 905 29,153 26,583 57,764 48,458 2,880 1,596 9 84,980 67,958 26(c) 5,834 15 3,843 3,966 16 47,184 35,843 17 67,759 65,205 7,238 3,505 21 (4,164) BOT 486,106 206,469 33,067

95 2015 12 31 7 2015 2014 44,785 48,138 595 137 3,778 3,192 49,158 51,467 8 2015 2014 4,602 3,126 (277) (9,949) 7,204 4,325 381 9 2015 2014 70,714 57,424 4,047 2,051 10,219 8,483 84,980 67,958 26(c) 5,834 90,814 67,958

2015 96 2015 12 31 10 (a) 2015 12 31 i 1,800 450 18 2,268 486 2,754 ii 604 18 622 622 iii 1,836 709 39 2,584 486 3,070 iii 3,216 909 25 4,150 486 4,636 iii 180 180 180 iii 180 180 180 iv 180 180 180 iv 240 240 240 iv 180 180 180 960 7,456 2,068 100 10,584 1,458 12,042

97 2015 12 31 10 (a) 2014 12 31 i 630 210 17 857 ii 4 165 5 174 iii 7 1,020 241 25 1,293 iii 4 1,641 401 17 2,063 iii 60 60 iii 60 60 iv 12 12 iv 16 16 iv 12 12 175 3,456 852 64 4,547 2015 12 312014 (i) 2014 1 28 (ii) 2014 2 10 (iii) 2014 9 24 (iv) 2014 12 7

2015 98 2015 12 31 10 (b) 2015 12 312014 (c) 2015 12 312014 (d) 2015 12 312014 (e) 2015 12 31 2014 (f) 2015 12 312015 12 31 2014

99 2015 12 31 10 (g) 2015 12 313 20142 2015 12 31220143 2015 2014 3,890 4,902 46 47 106 4,042 4,949 26(c) 972 5,014 4,949 2015 2014 1,000,0001,999,999 2 2,000,0002,999,999 2 1 2015 12 31 2014

2015 100 2015 12 31 11 2015 2014 (80,136) (68,682) 16,865 1,348 (63,271) (67,334) 11,897 5,525 (51,374) (61,809) 12 2015 2014 16,027 18,134 16,027 18,134 19 24,865 9,144 40,892 27,278 2015 2014 12 3116.5% 2015 12 31 2014

101 2015 12 31 12 2015 2014 12 31 25% (i) 20112013 201420162015 12 31 12.5% 201412.5% (ii) 20132015 201620182015 12 310% 20140% (iii) 20152017 201820202015 12 31 0% 201425% 2015 2014 329,787 235,637 86,028 43,444 15,659 7,605 (60,795) (23,771) 40,892 27,278 2015 12 3112.4% 201411.6%

2015 102 2015 12 31 13 (a) 2014 12 31 2014 5 192014 12 29 1,152,380 1,498,847,619 2015 2014 272,001 191,038 2,000,000 1,501,110 13.6 12.7 (b) 2015 12 31 2015 1 12015 1 16 2015 12 31

103 2015 12 31 13 (b) 2014 12 31 2014 12 292014 12 31 2015 12 31 14 2014 12 31 2015 12 31 100 100% 1 101 1 100% 1 1 100% 1 1 100%

2015 104 2015 12 31 14 2015 12 31 1 1 100% 1 1 100% 2 1 100% 1 100% 1 1 1 100% 1 100% 1 Eco-Tech (Cayman) Holdings 101 100% Limited 1 Kewei (Cayman) Holdings 1 100% Limited 1 400,000,000 120,000,000 (a) 100% 660,000,000 580,000,000 (b) 100%

105 2015 12 31 14 2015 12 31 110,000,000 100% 150,000,000 100% 121,500,000 100% 71,500,000 100% 53,000,000 100% 2,000,000 100% (a) 2016 2 25140,000,000 (b) 2016 2 4860,000,000 2016 1 19620,000,000

2015 106 2015 12 31 15 2014 1 1 170,696 953 (3,966) (596) 2014 12 31 167,087 2015 1 1 167,087 (3,843) (9,602) 2015 12 31 153,642 2015 2014 47,727 51,908 2015 12 31153,642,0002014 167,087,00027

107 2015 12 31 16 2014 1 1 202,165 376,917 6,603 2,537 588,222 (30,309) (81,514) (3,107) (864) (115,794) 171,856 295,403 3,496 1,673 472,428 2014 12 31 171,856 295,403 3,496 1,673 472,428 1,430 422 3,710 3,176 100,176 108,914 1,765 1,166 2,931 (13,644) (3,105) (70) (5) (16,824) (9,447) (23,547) (1,853) (996) (35,843) (681) (1,132) (15) (5) 499 (1,334) 149,514 268,041 7,033 5,009 100,675 530,272 2014 12 31 183,900 358,441 12,370 7,080 100,675 662,466 (34,386) (90,400) (5,337) (2,071) (132,194) 149,514 268,041 7,033 5,009 100,675 530,272

2015 108 2015 12 31 16 2015 12 31 149,514 268,041 7,033 5,009 100,675 530,272 881 23,553 4,014 7,734 497,531 533,713 30 233 31 67 111 40 482 (701) (1,336) (38) (74) (2,149) 251,322 331,616 69 (583,007) (12,358) (30,448) (2,426) (1,952) (47,184) (18,467) (28,808) (236) (377) (2,257) (50,145) 370,424 562,649 8,414 10,520 12,982 964,989 2015 12 31 414,647 674,987 17,293 14,932 12,982 1,134,841 (44,223) (112,338) (8,879) (4,412) (169,852) 370,424 562,649 8,414 10,520 12,982 964,989 2015 2014 37,844 29,730 9,340 6,113 47,184 35,843 2015 12 31 275,180,0002014 334,101,00027

109 2015 12 31 17 2014 1 1 180,886 180,886 180,886 180,886 2014 12 31 180,886 180,886 1,025,998 1,025,998 BOT18 132,688 132,688 (65,205) (65,205) (605) (3,099) (3,704) 180,281 1,090,382 1,270,663 2014 12 31 180,281 1,155,912 1,336,193 (65,530) (65,530) 180,281 1,090,382 1,270,663 2015 12 31 180,281 1,090,382 1,270,663 30 500,452 500,452 BOT18 303,136 303,136 (67,759) (67,759) (10,529) (81,309) (91,838) 169,752 1,744,902 1,914,654 2015 12 31 169,752 1,901,787 2,071,539 (156,885) (156,885) 169,752 1,744,902 1,914,654 2011

2015 110 2015 12 31 17 2015 12 319.5% 20149.5% BOT 20152014 12 31 BOT 18 2.20 2015 2014 549,621 119,914 511,595 119,914 38,026 549,621 119,914

111 2015 12 31 19 2015 2014 12 2,647 9,190 12 206,726 95,252 209,373 104,442 2015 2014 104,442 30,573 30 88,594 64,999 12 24,865 9,144 (8,528) (274) 209,373 104,442

2015 112 2015 12 31 19 2014 1 1 30,573 64,999 9,144 (274) 2014 12 31 104,442 2015 1 1 104,442 30 88,594 24,865 (8,528) 2015 12 31 209,373 2015 12 31 35,949,000201425,012,000 20 2015 2014 472 507 2015 12 31 29,686,0002014 40,869,000

113 2015 12 31 21 2015 2014 62,067 56,208 111,196 1,617 1,930 119,892 113,126 86,578 70,967 86,578 70,967 5,686 1,695 2,190 15,423 64,497 15,273 72,373 32,391 278,843 216,484 30 2015 2014 43,532 25,013 34,169 23,769 7,691 12,152 1,186 10,033 86,578 70,967

2015 114 2015 12 31 21 2015 12 3143,046,000201445,954,000 2015 2014 34,169 23,769 7,691 12,152 1,186 10,033 43,046 45,954 2015 2014 274,567 205,230 4,276 11,254 278,843 216,484 2015 2014 4,199 (4,164) (35) 6

115 2015 12 31 22 2015 2014 45,991 (44,664) (1,327) 2014 12 31203,000 23 2015 2014 156,560 6,338 7,162,00020146,338,000BOT 149,398,0002014 0.3% 0.35% 20140.35% 24 2015 2014 126,764 2014 12 31 3.2% 185 365

2015 116 2015 12 31 25 2015 2014 219,468 1,201,408 229,668 126,764 449,136 1,328,172 0.2% 6.6% 2014 3.7% 2015 2014 191,414 183,465 239,017 981,551 18,705 163,156 449,136 1,328,172 2015 12 31181,594,000201456,675,000

117 2015 12 31 26 (a) 2015 2014 1 1 5,000,000,000 2014 1 28 0.01 38,000,000 2014 12 7 0.01 4,962,000,000 12 31 5,000,000,000 5,000,000,000 50,000 50,000 1 1 2,000,000,000 2014 1 28 0.01 1 2014 4 25i 1,152,380 ii 500,000,000 iii 1,498,847,619 12 31 2,000,000,000 2,000,000,000 20,000 20,000 (i) 2014 4 25 1,152,3800.01 (ii) 2014 12 292.33500,000,0000.01 96,454,00033,067,00060,232,000 (iii) 2014 12 2914,988,000 1,498,847,619 (iv) 30 75,000,000 15%2.33

2015 118 2015 12 31 26 (a) (v) 2014 12 7 10%200,000,000 3,000,000 (b) (i) 2011 10 15% 63,041,000 2013 6 30297,422,000 2014 6 30344,481,000 (ii) 10% 50% (iii) (iv)

119 2015 12 31 26 (c) 2015 4 24 2014 12 7 3,000,000 1 3,000,000 4.39 10 2015 4 242025 4 23 2015 4 24 1.9445 4.39 61% 1.43% 2015 12 31

2015 120 2015 12 31 27 2015 2014 1,098,852 776,110 321,043 252,576 1,419,895 1,028,686 2015 2014 321,043 252,576 179,064 164,476 668,285 504,519 251,503 107,115 1,419,895 1,028,686 15 16 172333 2015 2014 % % 5.15-6.90 6.08-7.36 2015 12 31342,432,000 225,299,000

121 2015 12 31 28 2015 2014 37,300 49,642 25,696 411,361 186,967 461,003 212,663 498,303 212,663 2015 2014 34,192 12,643 2,914 7,293 3,187 2,159 9,349 3,601 49,642 25,696 2015 2014 490,116 193,069 8,187 19,594 498,303 212,663 29 2015 12 312014

2015 122 2015 12 31 30 (a) 2015 5 26 73,300,00088,913,000BOT 2015 8 14 2015 8 14 100% 88,913 88,913 11,467 17 156,655 154,604 16 413 8 353 3,548 893 (154,628) (61,257) 19 (23,143) 88,913

123 2015 12 31 30 (a) 2015 12 31785,000 2015 12 31 77,446,000 73,300,000 88,913,000 11,467,000 3,548,0003,548,000 2015 8 142015 12 3112,919,000 2,135,000 2015 1 12015 12 31 1,437,486,000282,460,000 139,753,00068,785,000 2015 8 142015 12 31 (b) 2015 8 24 230,000,000278,990,000 2015 8 24

2015 124 2015 12 31 30 (b) 2015 8 24 100% 278,990 278,990 558 17 343,797 16 69 31 (14) 19 (65,451) 278,990 2015 12 31405,000 2015 12 31278,432,000 230,000,000 278,990,000 558,000 2015 8 242015 12 31 2015 1 1

125 2015 12 31 31 2015 5 12 220,000,000268,531,00045% 2015 7 2015 10119,945,000 148,586,0002015 12 31 2015 12 31 119,945 (268,531) (148,586) 32 (a) 2015 2014 559,847 BOT 666,023 1,225,870 211,338 338,470 BOT 136,887 603,639 348,225 942,109

2015 126 2015 12 31 32 (b) 2015 2014 6,610 1,955 7,617 199 14,227 2,154 33 2015 12 31 596,609,000201470,988,000 27 20152014 12 31 34 (a) 2015 12 311,021,000 2014 12 31 2014 4 20152014 12 31

127 2015 12 31 34 (b) 2015 2014 22,083 10,502 345 156 2,021 2,018 24,449 12,676 26(c) 3,889 28,338 12,676 35 (a) 2016 1 20 465,012,000 (b) 2016 1 26100% 110,000,000130,900,000 (c) 2016 2 23400,000,000 480,000,000 20,000,00024,000,000 2026 2 (d) 2016 3 10BOT

2015 128 2015 12 31 36 2015 2014 2,042,494 1,055,526 391 9,053 248,464 1,101,618 248,855 1,110,671 2,291,349 2,166,197 20,000 20,000 a 1,084,780 1,084,780 a 1,055,525 1,055,525 a 5,834 a 109,840 (28,672) 2,275,979 2,131,633 3,456 4,796 11,914 29,768 15,370 34,564 2,291,349 2,166,197 233,485 1,076,107 2016 3 22

129 2015 12 31 36 a 2014 1 1 26(a) 1,160,000 1,160,000 26(a) (14,988) (14,988) 26(a) (60,232) (60,232) (i) 1,055,525 1,055,525 (28,672) (28,672) 2014 12 31 1,084,780 1,055,525 (28,672) 2,111,633 2015 1 1 1,084,780 1,055,525 (28,672) 2,111,633 26(c) 5,834 5,834 138,512 138,512 2015 12 31 1,084,780 1,055,525 5,834 109,840 2,255,979 (i) 2014

2015 130 12 31 2015 2014 2013 2012 2011 3,664,772 2,201,062 851,322 849,418 883,686 803,145 1,566,354 389,276 139,282 130,225 4,467,917 3,767,416 1,240,598 988,700 1,013,911 2,334,401 2,417,964 761,800 228,853 102,399 1,348,289 881,939 324,464 367,066 425,062 785,227 467,513 154,334 392,781 486,450 2,133,516 1,349,452 478,798 759,847 911,512 4,467,917 3,767,416 1,240,598 988,700 1,013,911

131 12 31 2015 2014 2013 2012 2011 1,184,536 793,967 390,173 387,134 154,470 (745,212) (451,646) (187,537) (180,367) (59,474) 439,324 342,321 202,636 206,767 94,996 (111,646) (96,723) (41,739) (35,147) (16,878) 49,158 51,467 14,039 13,698 2,585 4,325 381 (725) (808) (2,016) 381,161 297,446 174,211 184,510 78,687 11,897 5,525 908 264 85 (63,271) (67,334) (26,769) (31,839) (25,105) 329,787 235,637 148,350 152,935 53,667 (40,892) (27,278) (17,381) (26,395) (11,144) 288,895 208,359 130,969 126,540 42,523 272,001 191,038 130,969 126,540 38,743 16,894 17,321 3,780 13.6 12.7 8.7 8.4 2.6 13.6 12.7 2014201320122011 12 31 2014 5 192014 12 29 1,152,380 1,498,847,619

2015 132 (HKICPA)

133 PO Box 309, Ugland House Grand Cayman, KY1-1104 Cayman Islands 1 68 6803B 2015 9 8 Maples Fund Services (Cayman Limited) PO Box 1093, Boundary Hall Cricket Square, Grand Cayman KY1-1102, Cayman Islands 183 22 info@canvest.com.hk (852) 2668 6596 (852) 2668 6597 www.canvestenvironment.com 1381 20162016 6 162016 2016(www.canvestenvironment.com) (www.hkexnews.hk) (www.canvestenvironment.com) (www.hkexnews.hk)

2015 134 2014 1 2 BOO BOT 2014 4 10 2014 1 28 * BOT 2015 8 24 2012 1 6 2004 11 5 735

135 EBITDA* 2003 6 19 Euromonitor International Limited Waste to Energy Market in Mainland China Harvest VISTA Trust The Harvest VISTA Trust 2009 2 13 2015 8 14 2014 12 29

2015 136 571 0.01 VISTA Co Harvest Vista Company Limited 2014 6 18 HSBC International Trustee Limited Harvest VISTA Trust 2013 4 3 % * EBITDA