41636.indb - PDF Free Download

SinoMedia Holding Limited 139,400,000 13,940,000 125,460,000 3.48 1%0.004% 0.005% 0.0003125 623 3238D 3.482.63 3.481% 0.004%0.005%3.48 144A S

(1) (2).......................... www.eipo.com.hk eipo (3)..... eipo............... (4)...................... (5)............................................................ (6)(7)......................... (6)(8)......................... (1) (2) (3) www.eipo.com.hk (4) i

(1) (5) (6) (i) (ii) (7) 1,000,000 183171712 1716 1,000,000 (8) ii

................................................................... i......................................................................... 1......................................................................... 13................................................................... 26..................................................................... 27............................................................ 48................................................ 49.................................................... 52..................................................................... 55..................................................................... 57..................................................................... 63................................................................... 68......................................................................... 83............................................................ 114................................................................ 121.......................................................... 127..................................................................... 136......................................................................... 137..................................................................... 140...................................................... 175......................................................................... 177........................................................ 190........................................................ 198 iii

......................................................... I-1............................................... II-1............................................................ III-1............................................................ IV-1................................................................ V-1................................................. VI-1..................................................... VII-1........................................... VIII-1 iv

300 10% 4A AegisOMDPublicis WPP 315551 1

4,518 10,45025,319 2,187 2.3012.637 3.64725.9% 3.85 1,722 937785 1,350115 8431108 310 2007 96.2%12.7 28.9% 16 2

1,200 1,938 17.3% 47139.2% 35% 13.8%694 3

................... 17,399 311,269 352,061............... 80,227 97,636 97,258................... 39,678 57,463 28,255....................... 137,304 466,524 488,615..................... 25,891 23,831 51,534.............................. 163,195 490,355 540,149....................... 54,484 170,241 150,528..................... 1,425 265,423.............................. 55,909 435,664 150,528.............................. 107,286 54,691 389,621....................... 163,195 490,355 540,149 (3) (4) (4) (4)............................ 31 40 55............... 19,798 23,166 32,704............... 4,518 5,525 10,450 (5)............................. 22.8% 23.8% 32.0%....................... 56,345 25,319 44.9% (6)....................... 7,074 2,187 30.9%.............................. 63,419 27,506 43.4% (1) (2) 490 (3) (4) (5) 4.5%7.8% 11.9%60.0%59.1% 51.0% (6) 1030 5

1.20 0.270 565,216,470 0.2362.633.48 11.114.7565,216,470557,482,400 7,734,070 3.5% 2.63 3.48 (1).............................................. 14.66 19.40 (2)........................ 11.1 14.7 (3).................... 1.09 1.26 (1) 557,482,400 (2) (3) 557,482,400 6

500 13.5%19,360 72.7% 20% (1) 2.502.252.63 3.533.173.48 70%1.751.572.47 2.22 (1) 1.000.89833 7

20%5,0004,5007,100 6,300 10%2,5002,2003,500 3,200 4,800 4,3002.636,3005,600 3.48 3,5003,2002.63 4,7004,2003.48 500500 2.637006003.48 13,940,000 (a)144a144a (b)s 125,460,000 8

33% 1,980150% 1,5702,120294%293% 33% (i) (ii) (i)(ii) (iii)(iv) 9

25% 12

Bain Capital CTVGB Holding Ltd. 21.1% Bain Capital CTVGB Holding L.P. 21.1% 13

A 0.001A 146 9 4A CLH Holding Limited Equity Trustee Limited CLH CLH Holding Limited CLH 32 14

5,000 30090% 5% 5% 0.6% 5,000 86.48%6.76% 6.76% 15

1,000 7,290 99.4%0.6% DFS Holding Limited Equity Trustee Limited DFS 1 DFS1 DFS2 DFS Management Limited Equity Trustee Limited DFS 2 Digital Finance Service Company Limited DFS Holding Limited 3.9% 50% 36.9% 16

36.9% 600 50% eipo A A 13,940,000 17

111,520,000 13,940,000 18

200 99.4% Merger Holding Service Company Limited MHS Holding Limited 4.6% MHS Holding Limited Equity Trustee Limited MHS MHS Holding Limited MHS 14 19

56 79 1% 0.004%0.005% 18,819,000 2,091,000 15% 20

I H 144A 21

S S 144A 144A 571 0.0003125 SinoMedia Investment 22

SinoMedia Investment SinoMedia Investment Ltd. Bain Capital SinoMedia Holding Ltd. SinoMedia Investment DFS Management Limited 3.9% CLH MHS UME DFS1 DFS2 UME Holding Limited Equity Trustee Limited UME UME Holding Limited UME 23

United Marine Enterprise Company Limited UME Holding Limited 4.6% eipo eipo www.eipo.com.hk eipo www.eipo.com.hk eipo 0.9364=1.00 7.2946=1.00 24

86.2%95.1% 90.9% 27

98 980 15%33% 30

8% 33% 33% 31

10% 10% 32

5,4706,600 4,010 1,2001,300 1,300 2,53090 34

TVGBCTVGBCTV TVGBCTVGBCTV 36.9% 35

21.1% 200 2.301 3.64725.9% 36

() 60160 380660560 37

(SARS) 41

11% 43

25% 10% 25%5% 99.4% 5% 25% (i)(ii) 44

10% 45

1.18 3.06 17,920,000 490 50%25% 25% 25% 46

10% 47

8.12 8.12 14A 48

65102 65102 131705 88 101661 188 21802 7 171502 8 C23A 690 1 52

30 8 50 15 39 2 21 1 47 3A 18 53

12 6 10 8 188 22 3 33 388 15 54

55 19 151505 450 15D 450 15D 19 151505 www.sinomedia.com.hk 65102 51C 183 171712 1716

3 A 8 252 56

2007 96.2%12.7 (1) 12.8% 13.9% 28.9% 23.2% 21.2% (1) 16 57

28.9% 2007137,201 5,000 24 4,50024 21.2% 23.2% 58

1,200 1,938 17.3% (1) 200 193.8 180 160 150.7 169.2 140 120 100 80 60 40 42.9 51.5 64.8 72.4 84.6 101.4 120.0 20 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 (1) 59

1,000 900 800 700 600 500 400 300 200 100 0 1.51% 1.33% 1.02% 0.94% 0.92% 577.3 0.48% 400.6 0.44% 322.4 364.1 188.0 69.0 9.6 % 1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 0.0 % % % % % %........................ 35,529 42.1 40,402 39.8 47,069 39.2 59,535 39.5 64,298 38.0 69,442 35.8.................... 3,886 4.6 5,719 5.6 6,662 5.6 8,168 5.4 8,985 5.3 9,793 5.1........................ 25,605 30.3 31,259 30.8 36,303 30.3 43,050 28.6 44,772 26.5 51,488 26.6........................ 2,487 2.9 2,410 2.4 2,893 2.4 3,307 2.2 3,803 2.2 4,373 2.3...................... 4,310 5.1 7,050 7.0 10,110 8.4 16,000 10.6 21,600 12.8 29,100 15.0........................ 12,744 15.1 14,548 14.3 16,948 14.1 20,595 13.7 25,714 15.2 29,569 15.3........................ 84,561 100.0 101,389 100.0 119,984 100.0 150,655 100.0 169,172 100.0 193,766 100.0 47139.2% 60

35% 13.8%694 10068 10 9 8 7 6 5 4 3 2 1 0 10.0 3.3 2.2 1.8 1.7 1.6 1.4 1.2 1.1 1.0 61

750810840 62

10,000 63

20% 15% 2.5 12 (i) (ii) 70%(iii) (i)(ii) (iii) 66

(i) (ii) 2,000 67

100,000100,000 1.0080,00020,000 20,000 20,000 1.0020,000 20,00018,728 100,000 100,00093,640 100 80%20% 80%20%800,000 200,000 80%20% 68

20%200,000 20% (a) 5,000 4,0001,000 (b) 300 90%5% 5% 62%18%3,100900 86.48%6.76%6.76% 62% 18% 80%18%2% 90% 270 90% 69

90% 270 90% 90%270 90% 18%1%900500,000 18%1% 99%1% 4,950 500,00099%1% 99%1% 200,0001,458,920 140,0001,021,24460,000 437,67670%30% 70

100% 100% 100% 70% 30% 10,000 5,000 50% (i) 210,236196,865160,000 50,236A1.00 (ii) 26,143,163190,703,917 1.00A35,007 71

(iii) 1.0015,2295,856,837 42,723,283 1.00A 135,0071.00 84,77150,236A84,771 50,236A62.8%37.2% A(ii)7475,449 2.63 39.4%3.48 54.2% 1.00(iii)385 2,808 10% 27.2% Bain Capital Fund IX, L.P.BCIP Associates III, LLC BCIP Associates III-B, LLC Bain Capital, LLC Bain Capital, LLC 72

770Bain Capital, LLC 240 (i)(ii)(iii) (iv) 9807,150 1,000 7,290 99.4%0.6% 0.6%466,800 0.6% 73

20090% 5% (i) (ii) 5%1.00 74

1.00 160,000 50,236 A0.001 160,000,00050,236,000A1.00 84,77150,236A0.00184,771,000 50,236,000A (a) 0.001 SinoMedia Investment (i) 0.001 84,771,00050,236,000A (ii) SinoMedia Investment 84,770,9990.001A36,757,681 A13,478,319 75

50,236,0000.001A 135,007,0000.001 (b) SinoMedia Investment (i) 1) 2) 51% 3) SinoMedia Investment A51%SinoMedia Investment (ii) A 1) SinoMedia Investment 100% 76

2) 36,757,681 A 117,624,579 21.1% (i)(ii) SinoMedia Investment A(iii) (c) 135,007,000 75,229,0000.001672,755,2000.0003125 432,022,400240,732,800 77

Merger Holding Service Company Limited United Marine Enterprise Company Limited 8,100,420 Merger Holding Service Company Limited United Marine Enterprise Company Limited Merger Holding Service Company Limited United Marine Enterprise Company Limited MHS UME 8,100,420 25,921,344 Merger Holding Service Company Limited 25,921,344 United Marine Enterprise Company Limited MHS UME SinoMedia Investment SM DFS13,478,319 21,565,312 SinoMedia Investment 21,565,308 Digital Finance Service Company LimitedSM DFS SinoMedia Investment 100% DFS Management Limited DFS Management Limited SinoMedia Investment 21,565,312100% DFS Management Limited Equity Trustee Limited DFS2DFS2 DFS Management Limited SinoMedia Investment DFS Management Limited MHS UME SM PFS MHS Holding Limited MHS Holding Limited Merger Holding Service Company Limited 25,921,344100% MHS Holding Limited Equity Trustee Limited MHS MHS MHS MHS Holding Limited Merger Holding Service Company Limited MHS Holding Limited UME Holding Limited UME Holding Limited United Marine Enterprise Company Limited 78

25,921,344100% UME Holding Limited Equity Trustee Limited UME UME UME UME Holding Limited United Marine Enterprise Company Limited UME Holding Limited DFS Holding Limited DFS Holding Limited Digital Finance Service Company Limited 21,565,308100% DFS Holding Limited Equity Trustee Limited DFS1DFS1 DFS Holding Limited Digital Finance Service Company Limited DFS Holding Limited CLH Holding Limited CLH Holding Limited 50% CLH Holding Limited Equity Trustee Limited CLH CLH CLH Holding Limited CLH Holding Limited 62.8% 53.9% 210,236 672,755,2000.0003125562,5001,800,000,000 0.0003125 (a) 79

(b) 60 50.0% 50.0% 100.0% 100.0% SinoMedia Investment 62.8% 27.2% 10.0% 100.0% 100.0% (1) 99.4% 0.6% 100.0% 1. 86.48%6.76%6.76% 5%5%90% (i) (ii) 80

(iii) 50.0% 50.0% 100.0% 100.0% 100.0% 100.0% Merger Holding Service Company Limited United Marine Enterprise Company Limited SinoMedia Investment 6.0% 6.0% 50.8% 27.2% 10.0% 75.0% 25.0% 100.0% (1) 99.4% 0.6% 100.0% 1. 86.48%6.76%6.76% 5%5%90% 81

CLH Holding Limited (2) 100.0% MHS Holding Limited (3) UME Holding Limited (4) DFS Holding Limited (5) DFS Management Limited (6) 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Merger Holding Service Company Limited United Marine Enterprise Company Limited Digital Finance Service Company Limited SinoMedia Investment 36.9% 4.6% 4.6% 3.9% 3.9% 21.1% 25.0% 100.0% (1) 99.4% 0.6% 100.0% 1. 86.48%6.76%6.76% 5%5%90% 2. CLH Holding Limited Equity Trustee Limited CLH CLH 3. MHS Holding Limited Equity Trustee Limited MHS MHS 4. UME Holding Limited Equity Trustee Limited UME UME 5. DFS Holding Limited Equity Trustee Limited DFS1 DFS1 6. DFS Management Limited Equity Trustee Limited DFS2 DFS2 82

300 10% 4A AegisOMDPublicis WPP 315551 4,51810,450 25,3192,187 2.3012.637 3.64725.9% 83

3.85 1,722 937785 1,350115 8431108 310 3155 31225551 84

10%300 4A AegisOMDPublicis WPP 800,000 60% 100 2007 2005 200620072007 4A 1 85

4A 86

1018.4%291 15.0%42.2% 6.2% 6.5 87

18 88

16 200620072007 60 160 90

100 380660560 50% 5% 80 4.35 3% 91

96%88%95% 72%84%79% 5% 28.9% 3155 3122 30.0% 92

(1)................... 1 702 1 900 1 1,282..................... 1 520 1 367 1 259..................... 10 5,304 15 5,972 31 15,236..................... 19 13,272 23 15,927 22 15,927......................... 31 19,798 40 23,166 55 32,704 (1) 34.0% 90.9% 36,479 () 1,282 93

0.77% 868 (i) (ii)(iii) 259 0.57% 245 5,000 3115,236 283 94

0.58%0.17% 3319,396 24 64,500 24 0.01% 15,92715,970 56,345 34,14525,319 95

27,45045 30 7,074 20 2,187 405 96

30,000 300 10%....................................................... 36%.............................................. 12%..................................................... 11%....................................................... 9%................................................ 8%....................................................... 6%................................................ 6%....................................................... 12% 100% 30%38% 35% Aegis OMDPublicis WPP 97

3.85 10% 20% 98

15 99

6.5 10%30% 90 4,5205,6706,48019.6% 21.5%17.8% 5% 100

70 49% 101

177...................................... 72..................... 48............................................ 32................................................... 16.............................................. 9....................................................... 177 (i) 102

(ii) 660210 (ii i) (a) (1) (2) (1) 103

(2) (1)(2) (i) (ii) (1)(2) (b) 10,00050,000 4,320 3 104

CTVGBTVGBCTV CTVGBTVGBCTVGB TVGB CTV TVGBCTVGBCTV www.cctvgb.com.cn www.sinomedia.com.hk C. 2. 45015D395.5 2,981 1,085 105

730 (a) 2%(b)1% (b) (a) 323 1,333 141 323 1,006 1,333 106

7.2% 107

15% 15%33% 15% 15% 33%1,980150% 25% 8% 33% 徵 1,5702,120 108

294%293% 33% 122 122 122 111 109

111 111 111122 111122 111 50,000 122 300,00012 111122 110

(a) (1) (2) (3) (4) (5) (6) (7) (8) 111

(9) (10) (11) (b) (c) (d) 112

(e) (f) (g) 3A.19 (h) (i) (j) (k) (l) 113

50% 1............................. 50% (1) 2......................... 100% (2) 3................ 100% (3) 4................ 71% (4) 5................ 97% (5) 6......................... 100% (6) 114

(1) (2) (3) (4) (5) (6) (a) (b) 115

(i) (a) (b) (c) (d) (e) (ii) (i) 117

(ii)30%(iii) 1. 18 (a) (b) (i) 10% (ii) 10% 2. (a) (b) 118

(i) (ii) 3. (i)(ii)(iii) (iv) 119

(a) (b) (c) (i) (ii) 120

A. 14A.33 1. 70%30% 75,50085,40087,330 121

200,000213,584 14.070.1%14A.33(3)(b) 2. 14A B. 14A.34 1. 450395.51 100% 122

577,500 30 1.0 577,500616,724 2. 01 01 1201322.79 01 4.85% 123

01 30 01 01 565,600604,015593,900634,238 623,500665,848 3. 581,330 2.41,167,300 124

30 1,167,3001,246,583 1,000,00014.07 0.1%2.5%14A.45 14A.47 011,000,000 14.070.1%2.5% 14A.33(3)(b) 14A.27 01 14A.27 14.070.1%2.5% 0114A.4514A.47 C. B13 14A 125

14A.42(3) 14A D. (i) (ii)(iii) E. F. 126

......................... 41....................... 39....................... 41......................... 45....................... 50....................... 44....................... 44....................... 35 EMBA EMBA 127

Bain Capital, LLC Bain Capital, LLC Bain Capital, LLC Bain Capital, LLC (SAIF).................................... 128

........................................................................................................................................................................ (Sarbanes-Oxley Act) Actoz Soft Co., Ltd 129

..................... Actoz Soft Co., Ltd.......................... (KOSDAQ)............ 32....................... 40....................... 29......................... 34....................... 40 (California University of Management and Sciences) 130

TCL 8.12 8.12 3A.19 131

463,000397,0002,707,000 951,000917,000977,000 100,000 18,560,000 17,920,0004,464,000 10% 132

(a) (b) (c) 1.56 0.1 365 25% 25% 36550% 25% 3.2% (a) (b) (c) 11 (a) 133

(b) (c) 3.21 3A.193A.23 1. 2. 134

3. 4. 13.10 13.46 135

XV23 10% (1).......................... 205,484,513 36.9% (2).......................... 117,624,579 21.1% (1) CLH Holding Limited CLH Holding Limited Equity Trustee Limited CLH (2) Bain Capital Fund IX, L.P., BCIP Associates III, LLC BCIP Associates III-B, LLC XV23 10% 136

1,800,000,000..................................................... 562,500 % 432,022,400................ 135,007 77.5 125,460,000................ 39,206 22.5 557,482,400................................. 174,213 100.0 % 432,022,400................ 135,007 75.0 144,279,000... 45,087 25.0 576,301,400................................. 180,094 100.0 (a) (b) (c) 137

(i) 20% (ii) (i) (ii) (iii) 138

10% (i) (ii) (iii) 139

315551 4,518 10,45025,319 140

2,187 2.3012.637 3.64725.9% 3.85 1,722 937785 1,350115 8431108 310 32 141

86.2%95.1%90.9% 19,79823,166 32,704 142

36,479 56,345 7,074 27,450 405 143

144

43.1%56.9% 145

(1)....................................... 230,124 100.0% 263,657 100.0% 364,702 100.0%.................................... (161,330) (70.1) (155,203) (58.9) (237,857) (65.2)........................................ 68,794 29.9 108,454 41.1 126,845 34.8.................................... 134 0.1 36 0.0............................. (6,485) (2.8) (14,438) (5.4) (16,532) (4.5) (2)............................ (32,149) (14.0) (19,236) (7.3) (30,719) (8.4).................................... 30,294 13.2 74,780 28.4 79,630 21.9.................................... 173 0.1 837 0.3 3,045 0.8.......... (6,667) (2.5) (26,453) (7.3)................................ (303) (0.2) (398) (0.2) (200) (0.0).................................. 30,164 13.1 68,552 26.0 56,022 15.4.................................. (5,324) (2.3) (7,233) (2.7) (13,247) (3.7).................................... 24,840 10.8 61,319 23.3 42,775 11.7........................... 26,641 11.6 61,319 23.3 42,316 11.6................................ (1,801) (0.8) 459 0.1......................... 24,840 10.8% 67,986 25.8% 69,228 19.0%................... 17,399 311,269 352,061............... 80,227 97,636 97,258................... 39,678 57,463 28,255....................... 137,304 466,524 488,615..................... 25,891 23,831 51,534.............................. 163,195 490,355 540,149....................... 54,484 170,241 150,528..................... 1,425 265,423.............................. 55,909 435,664 150,528.............................. 107,286 54,691 389,621....................... 163,195 490,355 540,149 146

(3) (4) (4) (4)............................ 31 40 55............... 19,798 23,166 32,704............... 4,518 5,525 10,450 (5)............................. 22.8% 23.8% 32.0%....................... 56,345 25,319 44.9% (6)................... 7,074 2,187 30.9%........................... 63,419 27,506 43.4% (1) (2) 490 (3) (4) (5) 4.5%7.8%11.9% 60.0%59.1%51.0% (6) 1030 147

...................................... 205,456 89.3% 261,474 99.2% 344,850 94.6%................................ 22,990 6.3...................................... 115 0.0 213 0.1 150 0.0 (1)..................................... 25,125 10.9 5,275 2.0 5,772 1.6............................. 230,696 100.2 266,962 101.3 373,762 102.5.................................... 6,698 2.9 3,574 1.4 5,530 1.5 (2)....................................... 937 0.5 4,468 1.6 30 0.0.................................... 238,331 103.6 275,004 104.3 379,322 104.0........................... (8,207) (3.6) (11,347) (4.3) (14,620) (4.0)...................................... 230,124 100.0% 263,657 100.0% 364,702 100% (1) 1,120 (2) 380 148

50% 5% 3% 8.5%9.55%...................................... 113,024 49.1% 144,471 54.8% 196,250 53.8%................................ 35,867 9.8...................................... 600 0.3 600 0.2 600 0.2 (1)..................................... 47,611 20.7 7,732 3.0 5,140 1.4........................... 161,235 70.1 152,803 58.0 237,857 65.2.................................... (2)....................................... 95 0.0 2,400 0.9 0.0 0.0................................ 161,330 70.1 155,203 58.9 237,857 65.2........................................ 68,794 29.9% 108,454 41.1% 126,845 34.8% (1) (2) 149

70.1% 58.0%65.2% 55.0%55.3%56.9% 6,8801.0851.268 29.9%41.1%34.8% 1,290 150

6702,650 15% 15% 33% 23.6% 16.3%9.6%17.7%10.6% 33% 151

130 2901,720530720 1,650 25% 1C 152

C1(i)(ii) 153

2.637 1.01038.3%3.647 2.670 1.06840.0%3.738 95.1%90.9%2.615 8,34031.9%3.449 23,166 32,704 5,52510,45023.8% 32.0% 154

7.8%11.9%59.1% 51.0% 2,300 6.1%63,419 27,50644.9% 30.9% 360 550 450 30,000 1.552 8,27053.3%2.379 98.5%100% 1.5288,51055.7% 2.379 93.1%82.5% 1.2895,63043.7% 1.852 5,6645,562 15.1% 3,590 1.085 1.2681,83016.9% 155

41.1%34.8% 40.9% 41.1% 36,000 1,440 1,650210 14.6% 1,920 1,15059.9%3,070 490 4A 818,000255,000 682,500 156

837,000 300 3.113 3.521 710 1,9602,670 250 1,960240 72060083.3% 1,320 33%8% 33% 15% 6,130 1,85030.2%4,280 6,800 1206,920 157

6,1301,90031.0% 4,230 459,000 0.6% 2.301 3,36014.6%2.637 2.307 3,63015.7%2.670 86.2%95.1% 2.0505,60027.3% 2.615 19,79823,166 4,5185,525 22.8%23.8%4.5% 7.8%60.0% 59.1% 2.0555,600 2.615 1,120 2.1954,7502.670 158

310 350 1.6136103.8% 1.552 3,700 1.2433,090 1.552 1.0602,29021.6%1.289 5,5625,356 6,880 3,97057.7%1.085 29.9%41.1% 2,580 43.2% 1,800 134,000 134,000 650 790121.5%1,440 159

3,210 1,29040.2%1,920 1,410140 173,000 664,000837,000 1,740 3.113 303,000 680710 180 240250 530 19035.8%720 33%8% 2,4803,650147.2% 6,130 2,4804,320 174.2%6,800 160

2,6603,470130.5% 6,130 180 10% 90%90%...................... (1).................................. 104,723 158,934 157,114 207,588............................... (72,012) (83,191) (118,938) (118,919)................................... 32,711 75,743 38,176 88,669............................... 36........................ (4,295) (10,143) (7,179) (9,353) (2)....................... (6,686) (12,550) (12,461) (18,258)............................... 21,730 53,050 18,572 61,058............................... 165 672 1,693 1,586 (3).... (6,667) (14,397) (12,056).......................... (86) (312) (434)............................. 21,809 46,743 5,434 50,588............................. (2,848) (4,385) (3,482) (9,765)............................... 18,961 42,358 1,952 40,823...................... 18,961 42,358 2,081 40,235.......................... (129) 588 (1) (2) 490 (3) 161

....... 53,534 17,399 311,269....... (1,974) 115,098 110,042............... (26,598) (16,218) (14,292)....... (8,047) 196,382 (50,463)......................... (36,619) 295,262 45,287....... 17,399 311,269 352,061 1.1008,700 3,360 6601,720 1.1517,760 5,800 1,750 2005,640 3,340 2,260 162

1,4304,500 5,4208,120 1,6201,850 2,6602,510 5,050 4,910 1.9641.978 800390500 250 163

...................... 550 550 (1)............ 27,601 2,400 2,250 32,251................................. 28,151 2,400 2,250 32,801 (1) 170788,0004,500 164

............... 80,227 97,636 97,258................... 39,678 57,463 28,255................... 17,399 311,269 352,061 (1).................... 156 11,041....................... 137,304 466,524 488,615....... 1,382 1,166............... 42,243 103,119 136,725................... 1,693 52,286 958..................... 9,166 13,546 12,845..................... 124....................... 54,484 170,241 150,528....................... 82,820 296,283 338,087 (1) 785,000181,000 2.9638,280 3.1139,760 5,750 1.031 5,230 14.1%3.381 2.963 5,130 4,0801,090 3,360 2,920 2.811 165

10%30% 90 90.............................. 25,659 28,544 14,752 91............................ 29,049 37,503 25,298................................ 54,708 66,047 40,050 5,470 6,6001,150 4,000 1,290 90 63%90 1,410140 4,0101,630 166

(1).............. 49 80 51 (1)............. 21,325 19,683 28,285 (1)............................. 13,519 20,101 13,150....................... 2,425 4,439 1,545.......................... 5,121 (2)............................. 232 295 9,107 37,501 44,518 57,208 (1) (2) 167

90.............................. 1,230 24,339 38,817 91180......................... 181360........................ 3,310 361........................................................... 1,230 24,339 42,127 (1)......... 3 30 51 (1) (1)........................ 27,577 59,179 78,626....................... 399 105 55 (2).................. 2,854 3,483 2,365 (3)...................... 4,897 5,763 3,883 (4).............. 5,286 10,250 9,669..................... 41,013 78,780 94,598 (1) (2) (3) (4) 168

(1)...................... 1,382 1,166 (2)...................... 1,425 259................................ 2,807 1,425 (1) (2) 0.030.03 169

1.20 0.270 565,216,470 0.2362.633.4811.1 14.7565,216,470557,483,400 7,734,070 3.5% 170

500 13.5%19,360 72.7% 20% 13.1113.19 171

4.29 (1) (2)(5) (5) (4)(5) 2.63. 385,425 224,741 610,166 1.09 1.21 3.48. 385,425 316,699 702,124 1.26 1.40 (1) 388,693,000 3,268,000 (2) 125,460,000 2.633.48 (3) (4) 1 557,482,400 (5) 1.000.89833 172

26 1.8%1.5%4.8% 173

24 174

(1) 2.502.252.63 3.533.173.48 70%1.751.572.47 2.22 20%5,0004,5007,100 6,300 10%2,5002,2003,500 3,200 4,800 4,3002.636,3005,600 3.48 (1) 1.000.89833 175

3,5003,2002.63 4,7004,2003.48 500500 2.637006003.48 176

() 13,940,000 125,460,000 139,400,000 125,460,000111,520,000 13,940,000 177

708(8)708(11) 7086D 7086D 6D 6D 12 178

(i) (ii) (i)250 (ii)43,000,000(iii)50,000,000 (iii) 100 (iv) 3(2) 2(1)(e) 2003/71/EC (i) (ii) 179

(i)289274(ii) 275(1)275(1A)275 (iii) 275 (a) 4A (b) 275 (1) 274 275(2) 200,000 275 (2) (3) (i) (ii) 8 180

(i)(ii) 19(5)(iii) 49(2)(a)(d) (i)(ii)(iii) (a) 2121(1) (b) S 144A 40 144A 181

(A) (i) (ii) (iii) 182

(iv) (v) (vi) (vii) (viii) H5N1 (ix) (x) (a) 183

(iv) (b) (c) (B) (C) (D) (E) (F) (G) (H) 184

(I) 10.08 25% 185

i. ii. iii. 186

10.07(1) i ii i. ii. 187

3.0% 3.0% 1.0% (i) (ii) ()(iii) 7,5203.06 3A.07 188

18,819,000 2,091,000 20,910,00015% 189

(i) 13,940,000 (ii) S 144A 125,460,000 13,940,000125,460,000 111,520,00013,940,000 13,940,000 10% 2.5% 190

500 500 6,970,000 (i)(ii) (i)15 50(ii)50100(iii)100 41,820,000(i)55,760,000(ii) 69,700,000(iii) 30%40%50% 191

3.48 3.48 125,460,000 90% 22.5% 192

(i) (ii) (i) (A) (1) (2) (B) (A) (C) (i) 193

(D) (ii)(a)(2)(ii)(b)(ii)(c) 20,910,000 20,910,000 10.07(3)10.07(1) (a) (b) (c) (i)(ii) 194

(d) (e) 1%0.004%0.005% 3.482.63 195

10% 2.502.63 3.533.48 2.982.364.15 3.48 0.352.63 0.473.48 0.402.630.54 3.48 196

(i) (ii) (iii) 30 155 (i)(ii) 197

I. (i)(ii) eipo eipo (www.eipo.com.hk) (iii) eipo II. S eipo (www.eipo.com.hk) eipo eipo eipo 198

III. (1) (A) (B) (2) 30 8 50 88 2343408 16 36 71 19........ 122126 1036 103 103A........ 50 1N95A 39B 199

........ 82 22011 2012 197 199 297 3134........ 16 18 16 399 38 40A........ 10 564 G101........ 8A 312 13 30 33 1992 200

(i) (ii) (iii) (iv) (v) (a) (1) (b) (1) (2) (c) (1) (2) 201

(d) (1) (2) IV. eipo (a) www.eipo.com.hk eipo II. eipo (b) eipo www.eipo.com.hk eipo (c) www.eipo.com.hk eipo eipo (d) eipo eipo www.eipo.com.hk (e) eipo eipo eipo (f) eipo 1,000 1,000 www.eipo.com.hk 202

(g) www.eipo.com.hk eipo eipo eipo www.eipo.com.hk eipo eipo (h) www.eipo.com.hk eipo eipo www.eipo.com.hk (i) (j) eipo eipo eipo eipo eipo eipo eipo 203

eipo eipo eipo eipo eipo eipo 1,000,000 eipo eipo 1,000,000 eipo eipo eipo 204

S S902(h)(3) eipo eipo eipo eipo eipo www.eipo.com.hk eipo eipo eipo 205

eipo eipo S SS902(h)(3) www.eipo.com.hk eipo www.eipo.com.hk eipo 206

www.eipo.com.hk eipo eipo eipo eipo www.eipo.com.hk eipo V. 2979 7888 (https://ip.ccass.com) 199 2 207

(a) (b) 208

40 209

1,0001,000 210

1 1 1 1 1 1. 40 40 211

(i) (ii) VI. eipo eipo eipo www.eipo.com.hk eipo eipo 212

eipo eipo eipo eipo eipo eipo eipo eipo eipo eipo 6,970,00050% 213

VII. 3.481%0.004% 0.005%1,0003,515.11 6,970,000 VIII. 1%0.004%0.005% 1%0.004%0.005% 3.48 1%0.004%0.005% 214

IX. eipo www.eipo.com.hk eipo www.eipo.com.hk eipo X. 215

XI. www.iporesults.com.hk 2862 8669 216

XII. eipo eipo eipo 40 eipo eipo eipo 217

eipoeipo eipo www.eipo.com.hk 100% 218

XIII. 3.48 (A) eipo (a) (b) (B) eipo (i) (ii) (iii) 1%0.004% 0.005% 219

eipo eipo (1) 1,000,000 183171712 1716 1,000,0001,000,000 (2) 1,000,000 220

1,000,000 1,000,000 eipo eipo www.eipo.com.hk eipo 1,000,000 183171712 1716 eipo 221

1,000,000 www.eipo.com.hk eipo eipo IV. eipo (3) XI. 222

1% 0.004%0.005% XIV. 1,000623 XV. 223

10 8 32 A I-1

NAC Pui C.P.A. & Co A 3.340 I-2

A A. 877502 2 19151505 I-3

.......... 10,000,000 99.4%.......... 50,000,000 100%..... 2,000,000 100% I-4

B. 1. C........................ 2 230,124 263,657 364,702.................... (161,330) (155,203) (237,857)........................ 68,794 108,454 126,845.................... 3 134 36............. (6,485) (14,438) (16,532)............. (32,149) (19,236) (30,719).................... 30,294 74,780 79,630.................... 6 173 837 3,045............... 6 (6,667) (26,453)............... 6 (303) (398) (200)............... (130) (6,228) (23,608)............... 30,164 68,552 56,022.................. 7 (5,324) (7,233) (13,247).................... 8 24,840 61,319 42,775......... 26,641 61,319 42,316............... (1,801) 459.................... 24,840 61,319 42,775........................ 11 (5,000).................... 12....... 0.083 0.122 0.098....... 0.083 0.122 0.096 I-5

2. C........... 13 25,891 23,831 48,266............... 14 3,268............. 25,891 23,831 51,534....... 15 80,227 97,636 97,258........... 24(b) 39,678 57,463 28,255........... 16 17,399 311,269 352,061............. 17 156 11,041............... 137,304 466,524 488,615.................... 163,195 490,355 540,149........................ 18 106 90 137........................ 18 107,170 54,591 388,556.................. 107,276 54,681 388,693............... 10 10 928.................... 107,286 54,691 389,621........... 19(b) 1,425 259.................. 20 265,164............. 1,425 265,423.................. 19(a) 1,382 1,166....... 21 42,243 103,119 136,725........... 24(b) 1,693 52,286 958.................. 7(c) 9,166 13,546 12,845............. 17 124............... 54,484 170,241 150,528.................... 55,909 435,664 150,528............. 163,195 490,355 540,149............... 82,820 296,283 338,087......... 108,711 320,114 389,621 I-6

3. C........... 25 1,213 50,740 118,844............. 1,213 50,740 118,844....... 53,925........... 16 483 207,058 22,394............... 483 207,058 76,319.................... 1,696 257,798 195,163........................ 106 90 137........................ (3) (70,869) 181,442......... 103 (70,779) 181,579........... 103 (70,779) 181,579.................. 20 265,164............. 265,164....... 62 11,594 11,235........... 1,531 51,819 2,349............... 1,593 63,413 13,584.................... 1,593 328,577 13,584............. 1,696 257,798 195,163....... (1,110) 143,645 62,735......... 103 194,385 181,579 I-7

4. 18(a) 18(d) 18(c) 18(d) 18(e)............................................................... t 106 18,348 (1,787) 51,788 62,177 130,632 7,154 137,786.................................................................................. 437 437 437......................................... (i) 38 38 38......................................................................... (i) 10 10.................................................................................. 26,641 26,641 (1,801) 24,840....................................................................... (ii) (45,472) (45,472) (5,353) (50,825)................................. (ii) (9,490) 9,490 11................................................................... (5,000) (5,000) (5,000)................................................................................ 4,112 (4,112)........................................................ 106 12,970 (1,350) 51,826 43,724 107,276 10 107,286.............................................................................. 728 728 728.................................................................................. 61,319 61,319 61,319................................................................................ 5,844 (5,844)........................................................................... (iii) (16) (89,481) (89,497) (89,497)....................................................................... (iv) (49,862) (49,862) (49,862) 20.................................................... 24,717 24,717 24,717........................................................ t 90 (64,764) 18,814 (622) 1,964 99,199 54,681 10 54,691.................................................................................. 11,550 11,550 11,550......................................... (i) 1,828 1,828 1,828......................................................................... (i) 459 459......................................................................... (v) 200 200 200 22......................................................................... 5,456 5,456 5,456 20.......................................................... 47 272,615 272,662 272,662.................................................................................. 42,316 42,316 459 42,775................................................................................ 12,685 (12,685)........................................................ 137 213,307 31,499 10,928 3,992 128,830 388,693 928 389,621 t I-8

(i) 980 (ii) 90%270 4,547.2 A (a)....................... 5,361......................... 18,665............................. 41,866............................. B(5) 1,665..................................... (2,500)......................... (11,532) 53,525....................... (5,353)........................... (45,472) 2,700.......................................... 2,700 I-9

(b).................................................... 36,549............................................... (49,115).................................................... (12,566)............................................... 134..................................... (5,551)............................................... (17,983)............................................... 44............................................... (75)........................................... (31)........................................... (18,014)............................................................................................ (18,014) (c) 270 (iii) 2015,229 (iv) 6,476,768 A (v) 10%1 I-10

90%100% 9,804,5397,804,539 5. C.......................... 24,840 61,319 42,775............................ 13 3,144 2,820 2,115..... 1 406..................... 7(a) 5,324 7,233 13,247........................ 6 303 7,065 26,653........................ 6 (173) (837) (3,045)..................... 4,876 33,438 77,601 87,027......... (56,421) (17,538) 6,671......... 22,568 58,042 33,606 (415) 118,105 127,304.......................... (303) (154) (46)........................ 7(c) (1,256) (2,853) (17,216)..... (1,974) 115,098 110,042.......................... 173 837 3,045............... 699............. 13 (1,670) (788) (44,990).. (25,101) (18,526) (54,237)........................ 2,259 81,191............. (26,598) (16,218) (14,292)..... 197,764............... 2,500 B4(iv)..................... (49,074) B4(ii)(a).............. (1,665) 36..................... (3,882) (1,382) (1,425).......................... (5,000)....... (8,047) 196,382 (50,463)............... (36,619) 295,262 45,287........... 53,534 17,399 311,269......... 484 (1,392) (4,495)........... 16 17,399 311,269 352,061 (i) 20 I-11

C. 1. (a) 1(u) (b) 1(g)(ii) (c) (d) 27 (e) (i) I-12

1(i) (ii) (iii) (iv) (f) (i) I-13

(ii) (g) (i) 1(p) (ii) I-14

(iii) (h) (i) (ii) I-15

(iii).............................................................................................................................................................. 30 10 35 5 (i) (i) (ii) I-16

(j) (k) (i) (ii) (iii) I-17

(l) (m) (n) (i) (ii) (o) (p) I-18

(q) (r) (EPS) I-19

(s) (t) 10% 10% (u) 12................................... 14 19......................................... 13.... 8........................ 23.................... 1........... 2............................ 32.................... 3................. 27.......... 1 27...... I-20

2........................ 230,696 266,962 373,762....................... 6,698 3,574 5,530............................ 937 4,468 30............... (8,207) (11,347) (14,620) 230,124 263,657 364,702 3..................... (i) 134.................... 36 134 36 (i) 4...................... 14,057 1,409.......................... 2,442 1,929 1,882............................ 2,162 3,614 4,067.......................... 455 818 255 5........ 7,675 8,660 9,651......... (i) 2,048 2,778 2,859........... 22 4,876 9,723 11,438 17,386 (i) 19%22% I-21

6............ 173 837 3,045.................... 173 837 3,045..... 20 (1,769) (4,316)........... 20 (2,393).................. 20 (2,505) (22,137).................. (6,667) (26,453)........... (303) (154) (46)............... (244) (154)............... (303) (398) (200)............... (130) (6,228) (23,608) 7. (a)..................... 5,324 7,233 16,515............... (3,268)..................... 5,324 7,233 13,247 (i) 33% 12%8%8% I-22

15% 33% (ii) 25% (b).................. 30,164 68,552 56,022 33%....... 9,954 22,622 18,487............... (i) 2,143 13,804............. (ii) (19,817).................. (iii) 5,944 59 773......... (iv) (10,574) (17,591).................. 5,324 7,233 13,247 (i) (ii) 33%15% 7(a)(i) (iii) I-23

(iv) 7(a)(i) (c)............................ 5,098 9,166 13,546............................ 5,324 7,233 16,515............................ (1,256) (2,853) (17,216)..................... 9,166 13,546 12,845 8........ 24,840 67,986 69,228....... 6 (1,769) (4,316)....... 6 (2,393)... 6 (2,505) (22,137)...................... 24,840 61,319 42,775 20 9............................... 252 42 294............................ 504 42 1,292 1,838............................ 210 42 323 575.......................................................... 966 126 1,615 2,707 I-24

............................ 360 37 397............................ 360 29 389............................ 60 14 74 420 43 463 1,000,000................ 2 1 5 10 10. 9........... 836 767 462........... 115 150 84............... 431 951 917 977 1,000,000................ 4 4 2 I-25

11................................. 5,000 12. 18F................. 26,641 61,319 42,316.... (22,817) (15,746)..................... 26,641 38,502 26,570................. 320,000,000 314,525,905 271,707,625................. 6,002,490........ 320,000,000 314,525,905 277,710,115....................... 0.083 0.122 0.098....................... 0.083 0.122 0.096 I-26

13. (ii) (i).......... 17,639 32,620 2,935 5,562 58,756............................... 1,112 558 1,670............................... (7) (7).............. (5,869) (189) (6,058)... 11,770 32,620 3,851 6,120 54,361.......... 11,770 32,620 3,851 6,120 54,361............................... 788 788............................... (18) (18)................ 17 (42) (42)... 11,770 32,620 4,579 6,120 55,089.......... 11,770 32,620 4,579 6,120 55,089............................... 41,617 335 2,165 873 44,990............................... (32,620) (268) (32,888)................ 17 (11,770) (4,378) (16,148)... 41,617 268 8,285 873 51,043.......... 1,170 22,906 1,269 685 26,030........................... 612 954 1,050 528 3,144............................... (7) (7).............. (652) (45) (697)... 1,130 23,860 2,267 1,213 28,470.......... 1,130 23,860 2,267 1,213 28,470........................... 372 967 955 526 2,820............................... (17) (17)................ 17 (15) (15)... 1,502 24,827 3,190 1,739 31,258.......... 1,502 24,827 3,190 1,739 31,258........................... 516 480 441 678 2,115............................... (25,307) (182) (25,489)................ 17 (1,689) (3,418) (5,107)... 329 31 2,417 2,777........ 10,640 8,760 1,584 4,907 25,891........ 10,268 7,793 1,389 4,381 23,831........ 41,288 237 5,868 873 48,266 (i) 1,800 I-27

6,992,838 699,2846,293,554 (ii) 1,064.0 1,026.819 (iii) 99.4% 41,616,8666 C2101 1,095 (a)2% (b)1% 14..... 3,268......................................................... 3,268.......................... 3,268 I-28

15.............. (i) 54,708 66,047 40,050..... 21,325 19,683 28,285...................... 13,519 20,101 13,150............... 2,425 4,439 1,545.................. 5,121...................... 232 295 9,107 92,209 110,565 97,258......... (11,982) (12,929) 80,227 97,636 97,258 1,300 90 (i).... 25,659 28,544 14,752.......... 6,096 4,640 20,553........ 20,698 2,226 3,409.. 2,255 28,382 997............ 2,255 339 54,708 66,047 40,050 16.................. 17,399 311,269 352,061................. 483 207,058 22,394 I-29

.............................. 16,916 104,211 329,667................................ 206,514 21,995................................ 483 544 399 17,399 311,269 352,061................................ 206,514 21,995................................ 483 544 399 483 207,058 22,394 17. 15.612.4 F(a) 1,104.1 C........... 13 27 11,041....... 129 156 11,041............... 124 I-30

18. (a)......... 100,000 106................................... (15,229) (16)................ 84,771 90................................... (i) 84,686,229.................. 20 50,236,000 47................ 135,007,000 137 (i) 1210,23684,771 50,23675,2290.001 210,236,000135,007,000 0.001 (b) (i) 2015,229 8,948.1 (ii) 1(g)(ii) 2050,236,000 I-31

(iii) 1(k)(iii) (c) 10% 50% 25% (d) (e) 100% 980 (f) I-32

(g) 19. (a).................. 19(b) 1,382 1,166 (b)......... (i) 2,807 1,425........... (1,382) (1,166) 1,425 259 (i) 13 6.138% (c)............... 1,382 1,166....................... 1,166 259....................... 259 2,807 1,425 I-33

20. A 1 A...................... 50,236 A....... A............ 194,701 67,767 262,468 24,717 287,185............. 2,505 2,505 2,505............... 1,769 1,769 1,769.................... (1,175) (403) (1,578) (1,578)........... 196,031 69,133 265,164 24,717 289,881............. 22,137 22,137 22,137............... 4,316 4,316 4,316.................... (14,104) (4,851) (18,955) (18,955) A............ (204,064) (68,598) (272,662) 272,662........... 297,379 297,379 A Bain Capital CTVGB Holding Limited 35,007A26,143,163 15,2295,856,837 15,229A AA A A A I-34

AA AA0.73179.3(g) AA A637 (i) 1,30025% AA0.9106 (ii) 2,00025% AA0.8211 (iii) 2,73025% AA0.7317 (iv) AA A0.7317 A A AAA 150% A6%A A 1.94701 11.66% 6,776.7 I-35

A............. 8,612,000 8,848,000 9,784,000.......................... 28,329,282 28,863,269 38,589,491............................ 38% 38% 33%............................................................ 0% 0% 0%.......................... 4.54% 4.65% 3.42% A 1,000A18A50,236 50,236,00010.001 Bain Capital CTVGB Holding Ltd.SinoMedia Investment Ltd. Bain Capital SinoMedia Holding Ltd. (i) Bain Capital CTVGB Holding Ltd. 84,771,00050,236,000 A (ii) Bain Capital CTVGB Holding Ltd. SinoMedia Investment Ltd. 84,770,999 0.00136,757,681A13,478,319A 50,236,000A 135,007,000 A 21..................... (i) 1,230 24,339 42,127.................. (ii) 27,577 59,179 78,626............... 399 105 55........... 2,854 3,483 2,365............... (iii) 4,897 5,763 3,883....... 5,286 10,250 9,669 42,243 103,119 136,725 I-36

(i)................. 1,230 24,339 38,817................. 3,310 1,230 24,339 42,127 (ii) (iii) 26 22. 0.1 3.23.2 (c)f 6,040,000 4,640,000 4,640,000 3,240,000............................................................ 1.56 18,560,000............... 1.56 18,560,000............... 1.56 I-37

1.56 7.5......................................................... 2.31....................................................... 1.56..................................................... 34.39%.................................................................................. 0.00%................................................... 4.17% 545.658 23............................... 239 334 550.............................. 1,600 2,700 27,601....................... 4,500 2,400 2,400.............................. 3,450 2,850 2,250................................ 9,550 7,950 32,251 I-38

24. Bain Capital CTVGB Holding Limitid (a)....... (i) 25,101 18,526 54,237.................... (ii) 2,700 49,500 (i) (ii) 90% 99% 1 48,120577,500 I-39

(b)............................ 17,011 21,876.......................... 4,550 4,550 5,108.......................... 9,172 17,732 18,776....... 844 3,990 4,371........... 1,570 2,620........... 6,531 6,695............... 39,678 57,463 28,255............................ 1,593 2,759 260.......................... 49,074....... 100 453 698............... 1,693 52,286 958 (c) 9 10....................... 1,493 1,545 2,026............... 3,151 1,493 1,545 5,177 5 25................ 1,213 50,740 118,844 I-40

A 26. (a) (b) I-41

......................... 2,807 3,055 1,536 1,253 266........ 42,243 42,243 42,243............ 1,693 1,693 1,693................... 9,166 9,166 9,166......................... 1,425 1,519 1,253 266 265,164 374,818 374,818........ 103,119 103,119 103,119............ 52,286 52,286 52,286................... 13,546 13,546 13,546........ 136,725 136,725 136,725............ 958 958 958................... 12,845 12,845 12,845 (c) (i) (i)..................... 6.138 2,807 6.138 1,425.............. I-42

(ii) 100 2.81.4 100 (d) (i)........ 26,447 3,393............... (33,906)...... (7,459) 3,393................. (7,459) 3,393 I-43

(ii)................... 10% (10%)................... 10% (5,825) (10%) 5,825................... 10% 2,478 (10%) (2,478) I-44

(e) 27. (a) (b) 1i(ii) (c) (d) I-45

(e) D. E. 9C F. (a) (b) 10.896698,966.9 (c) 0.001135,007,0000.0003125432,022,400 5,800,00018,560,000 51.56 I-46

(d) 210,236672,755,200 0.0003125562,5001,800,000,0000.0003125 (e) G. I-47

4.29 (i) (ii) A. (1) (2)(5) (5) (4)(5) 2.63... 385,425 224,741 610,166 1.09 3.48... 385,425 316,699 702,124 1.26 (1) 388,693,000 3,268,000 (2) 125,460,000 2.633.48 (3) (4) 1 557,482,400 (5) 1.000.89833 II-1

B. (1) (2) (3) 1.20 1.34 (4) 0.212 0.236 (4) 0.243 0.270 (4) (1) (2) 565,216,470557,482,400 7,734,070 (3) 494,580,537 (4) 1.000.89833 II-2

C. 10 8 (A)(B) 4.29 7 4.29 II-3

300 4.29(1) (a) (b) (c) 4.29(1) II-4

(A) (a) (b) (c) III-1

(B) 10 8 III-2

Jones Lang LaSalle Sallmanns Limited 22/F Siu On Centre 188 Lockhart Road Wanchai Hong Kong tel +852 2169 6000 fax +852 2169 6001 188 22 +852 2169 6000 +852 2169 6001 IV-1

12 IV-2

19 151505 B.Sc. FRICS FHKIS IV-3

1. 6 21C 2101 2. 58 2205 3. 58 4405406 4. 58 6607 5. 58 6615 6. 42 131309 7. 450 1515D 8. 58 6602606 IV-4

9. 12 01181806 10. 26 1212C IV-5

1. 2721 6 1,085.17 21C 2101 1. 99.4% 41,616,866 2. 3. 4. 45,683,000 5. (i) (ii) (iii) 730(a) 2%(b)1% IV-6

2. 82 58 200.12 2205 171,648 1. 99.4% 2. 171,648 3. 200310019 4. 1001827,950.47 5. (i) (ii) (iii) (iv) (v) IV-7

3. 84 58 509.65 4405406 455,760 1. 99.4% 2. 455,760 3. 200310019 4. 1001827,950.47 5. (i) (ii) (iii) (iv) (v) IV-8

4. 86 58 249.29 6607 200,172 1. 99.4% 2. 200,172 3. 200310019 4. 1001827,950.47 5. (i) (ii) (iii) (iv) (v) IV-9

5. 86 58 46.83 6615 11,100 1. 99.4% 2. 11,100 3. 200310019 4. 1001827,950.47 5. (i) (ii) (iii) (iv) (v) IV-10

6. 1613 42 141.03 131309 62,400 1. 99.4% 2. 62,400 3. 4. 1008520141.03 5. (i) (ii) (iii) (iv) IV-11

7. 2815 450 395.51 1515D 577,444.6 1. 99.4% 2. 577,444.6 3. (2003)001805395.51 52.2 4. (i) (ii) (iii) (iv) IV-12

8. 86 58 1,332.51 6602606 1,167,278.76 1. 99.4% 2. 1,167,278.76 3. 15,963,470 4. 200531500083150009116.82 5. 0145410145421,332.51 6. 7. (i) (ii) (iii) (iv) (v) (vi) IV-13

9. 2518 12 01 322.79 181806 4.8 5% 1. 99.4% 2. 4.8 5% 3. 4. (i) (ii) (iii) IV-14

10. 3012 26 1212C 178.54 110,000.00 1. 99.4% 2. 110,000.00 3. (2002)147351473634.6 4. 123574123577238.06 5. (i) (ii) (iii) (iv) IV-15

25% 25% 25% 15% 25% 25% 5% V-1

20% 10% 25%5%10% 99.4% 5% 10% 10% 10% 10% V-2

17.5%16.0% 17.5%16.5%16%15% 0.1% 0.2%5 2005 25% 5% V-3

7% 7% V-4

(a) (b) (a) (b) (c) (d) (e) VI-1

(a) (b) (c) (d) (e) (f) (g) VI-2

(h) 18 5% (a)(b) (3)(c) (d) VI-3

VI-4

(a) (b) (c) (d) (e) 5%5% (f) (g) VI-5

(i) (ii) (a) (b) VI-6

VI-7

A. 1. 19151505 2. (a) 101.00 100,00080,00020,000 20,000 (b) 20,000 1.00 (c) 100,000 100,000 93,640 (d) 10,000 5,000 50% (e) i) 210,236196,865 160,00050,236A1.00 ii) 35,007 A1.00 26,143,163190,703,917 iii) 15,2291.00 5,856,83742,723,283 A1.00 135,00784,771 50,236A1.0084,771 50,236A 62.8%37.2% VII-1

(f) 1.00160,00050,236A 0.001160,000,00050,236,000A 1.0084,77150,236A 0.00184,771,00050,236,000A (g) SinoMedia Investment (i) 84,771,000 50,236,000A 0.001 (ii) 84,770,999 0.001 36,757,681A13,478,319A SinoMedia Investment 50,236,000A0.001 135,007,0000.001 (h) 135,007,000 75,229,0000.001672,755,200 0.0003125 432,022,400240,732,800 (i) Merger Holding Service Company Limited United Marine Enterprise Company Limited MHS UME 8,100,420 25,921,344 Merger Holding Service Company Limited 25,921,344 United Marine Enterprise Company Limited MHS UME (j) SinoMedia Investment SM DFS13,478,319 21,565,312 SinoMedia Investment 21,565,308 Digital Finance Service Company LimitedSM DFS VII-2

SinoMedia Investment 100% (k) 210,236672,755,2000.0003125562,500 1,800,000,0000.0003125 (l) 562,500 1,800,000,000557,482,400 1,242,517,600 3. (a) (i) 201,458,920 141,021,2446 437,67670%30% (ii) (iii) 9807,150 1,0007,290 99.4%0.6% (iv) 0.6%466,800 VII-3

0.6% (v) (b) 200 90% 5% 5% 1.0 4. (i) (ii) (a) (b) (aa)(bb) (cc) (dd) (ee) (ff) VII-4