Sau San Tong Holdings (Cayman Islands) Limited * 132,000,000 92,400,000 39,600, C *

Sau San Tong Holdings (Cayman Islands) Limited * 132,000,000 92,400,000 39,600,000 0.25 0.01 8200 342C *

www.hkgem.com

2... www.hkgem.com... 1...... 1. 2. 3. 4.

... 1... 4... 5... 5... 8... 10... 11... 12... 18... 19... 20... 27... 37... 38... 39... 41... 41... 41... 42... 42... 42... 42... 43... 43

... 44... 48... 50... 67... 68... 69 Lucky Fresh... 71... 73... 75... 84... 100... 103... 115... 116... 117... 121... 122... 122... 123... 124... 124... 124... 126... 128... 129... 131... 132... 132... 133... 133... 134... 135... 135... 136

... 138... 141... 141... 143... 154... 155... 155... 155... 156 17.15 17.21... 156... 157... 158... 158... 160... 160... 160... 161... 162... 162... 163... 163... 164... 203... 219... 243... 272

(i) (ii) Pure Herbs Dr. Alan Ong 11,422 14,115 11,526 10,462 12,991 47,419 34,181 11,422 27,106 58,945 44,643

13.4 86.6 19.3 80.7 58.3 41.7 70.3 29.7 82.5 17.5 34.6 65.4 5 7 5 7

5 7 (i) (ii)

1 11,422 27,106 58,945 44,643 (2,934) (5,992) (9,615) (8,247) 8,488 21,114 49,330 36,396 22 47 101 5 (4,242) (10,260) (33,056) (15,532) (2,392) (5,318) (11,672) (4,571) 1,876 5,583 4,703 16,298 (14) (22) (90) (29) 1,862 5,561 4,613 16,269 (440) (950) (958) (2,811) 1,422 4,611 3,655 13,458 (337) (734) (420) 1,422 4,274 2,921 13,038 4,300 1,000 2 0.27 0.81 0.55 2.47

1. 2. / 528,000,000 4,500,000 1,000,000 50.0% Lucky Fresh Lucky Fresh

SB/T10270-1996

17,500,000 500,000300,000 200,000 Lucky Fresh 8,700,000 3,000,000900,000 1,800,000300,000 1,000,000 300,000 500,000 32,100,000

Lucky Fresh

39,600,000 30%9,900,000

(%) Biochem 1 293,200,000 55.53 0.00003 7,792 2 Marlborough Resources Limited 23,443,200 4.44 0.13 3,000,000 3 8 Thunder Ride Inc. 4 8 23,443,200 4.44 0.13 3,000,000 Workingfield Group Limited 23,443,200 4.44 0.13 3,000,000 5 8 Value Capital Investment Limited 19,600,000 3.71 0.25 4,900,000 6 8 Diamond Profit Holdings Limited 12,870,400 2.44 9 9 7 8 132,000,000 25.00 528,000,000 100.00

1. Biochem Biochem Biochem 5% Biochem 79,200,000 15% 372,400,000 58.78% 25% 2. Biochem 3. Marlborough Resources Limited Diamond Profit Holdings Limited Marlborough Resources Limited 4.44% Diamond Profit Holdings Limited Marlborough Resources Limited

3,000,000 Marlborough Resources Limited Marlborough Resources Limited Marlborough Resources Limited Marlborough Resources Limited Marlborough Resources Limited Marlborough Resources Limited 4. Thunder Ride Inc. Diamond Profit Holdings Limited Thunder Ride Inc. 4.44% Diamond Profit Holdings Limited Thunder Ride Inc.3,000,000 Thunder Ride Inc. Thunder Ride Inc. Thunder Ride Inc. Thunder Ride Inc. Thunder Ride Inc. Thunder Ride Inc. Thunder Ride Inc. 5. Workingfield Group Limited Diamond Profit Holdings Limited Workingfield Group Limited 4.44% Diamond Profit Holdings Limited Workingfield Group Limited3,000,000 Workingfield Group Limited

Workingfield Group Limited Workingfield Group Limited Workingfield Group Limited Workingfield Group Limited Workingfield Group Limited 6. Value Capital Investment Limited Value Capital Investment Limited 49% Sau San Tong Holdings Inc. Value Capital Investment Limited Value Capital Investment Limited 49% 4,900,000 Value Capital Investment Limited 0.2530 4,900,000 3.71% Value Capital Investment Limited Value Capital Investment Limited Value Capital Investment Limited Value Capital Investment Limited Value Capital Investment Limited Value Capital Investment Limited

7. Diamond Profit Holdings Limited Biochem Diamond Profit Holdings Limited Sau San Tong Holdings Inc. 20% Biochem Diamond Profit Holdings Limited2,000,000Kingston Finance Limited2,000,000 15.76%Diamond Profit Holdings Limited Diamond Profit Holdings Limited Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited 13.32%Diamond Profit Holdings Limited Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited 9,000,000 Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited Diamond Profit Holdings Limited 2.44% Diamond Profit Holdings Limited Diamond Profit Holdings Limited Diamond Profit Holdings Limited Diamond Profit Holdings Limited 8 Diamond Profit Holdings Limited Diamond Profit Holdings Limited Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited 13.32% 9,000,000

8. Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited Value Capital Investment Limited Diamond Profit Holdings Limited Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited Value Capital Investment Limited Diamond Profit Holdings Limited 9. Diamond Profit Holdings Limited2,000,000 Sau San Tong Holdings Inc. 20% Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited 13.32% 9,000,000Diamond Profit Holdings Limited 10. 26,400,000 4.17% 25% 11. Biochem Diamond Profit Holdings Limited

105,600,000 20.0%0.1 60.0%1.00 25%

1... 0.25... 132,000,000... 528,000,000 2... 132,000,000 3... 9.43 1. (i) (ii) 2. 528,000,000 3. 528,000,000

Biochem Biochem Investments Limited Brilliant Concept Brilliant Concept Co. Ltd. 549 549E 549F 221961 3 32

Euromonitor Euromonitor International GMP Good Manufacturing Practices 55% 60 60 A Biochem

1 4 6 7 9 Lucky Fresh Lucky Fresh International Group Ltd. 5 7 50% Lucky Fresh International Group Ltd. 161

92,400,000 138 0.25 GMP (Good Manufacturing Practices) 132 Pure Herbs Pure Herbs International Company Limited 13.15

39,600,000 92% Sau San Tong Sau San Tong Holdings Inc. ( Sau San Tong Holdings Inc. Holdings Incorporation Inc. 1 1

2 2 571 0.01 4 6 9 1 4 6 7 9

231 GMP GMP % 1.00 = 1.07 7.80 = 1.00

!!"#$%&'()*+,-./01!23456#&'789!:(!"#$%&'()*+,-./!"0123456!"#$%&!"#$!"#$%&'()#*+,-./0123+4567!89:;<=56!"#$%&'()*+,-./0#1234'56789:;<=>?@'A!"#$%&'()*+,-./01234456789:;<=>?@A5!"#$%&'()*+,-.()*+/01234567089 Lucky Fresh!"Lucky Fresh!"#$%&'()*+,-,./01234()!"#$%&'()*+,-Lucky Fresh!"#$%&'Lucky Fresh!"#$%& '()*+$,-./012345678%92:;<=>!"#$%&'()*+,-./01 23*,456789:;<5=>? Lucky Fresh!"#$%&'()*+,-./0122234564789:!"#$%&'()*+,-./01234566789:9;70<1=>?4!"!#$%& '()*!!"!#$%& '+)*!!"# $%&Lucky Fresh!"#$%&'()*+,'-!.79.4% 52.0% 31.6% 4.7% Lucky Fresh!"#$%&'()*+,-.&'()/0!"#$%&'()*+,-./Lucky Fresh!"#$ %&'()*+,!" Lucky Fresh!"#$%&'()*+,-./01234567891,:;!"#$Lucky Fresh!!"#$%&'()*+,-./0%123456!"#$%&'Lucky Fresh!"#$%&'!()*+,-./01*2!"#!"#$%&'()*+,()!"#$%&'()*+,-!"#$%&'()*+'(,-./0123456789:;<=>?@A" OT

!!"#$%&'()*+,-./%012 34567-89:;56<=%>?!"#$%&'()*+,!"#$!"#$%&'()*+,-*./01234567%&'()*+,-*!"#$%&'()*+,-./0123456789:/8;!"#$%&'()*+,-./(012!"#!"#$%&'()*+,-./0123456789:;<==>?@A!"#$%&'()*+,-./0123456789:;<=>?@AB!"#$%&'()*$%+,-./01234567#89$%:;<=>?!"#$%&'()*+,-./0123,45678(9:;#<=>;?@!"#$%&'(#)*+,&-(./0 123456789:)*+,;<9!"#$%&'()*+,-./01234567895612:3;<=>!"#$%&'()*+,-.*+,-/01234.56789:;<=>?!"#$!"#$%&'()*+,-./01"234!"#$%&'()*+17,500,000!"#$%&'()*+,-./01!"#$%&'()*+,-./001234356789:;<=32,100,000!"#$%&'()*+,-./01%23456/78%&9: ;'<=>!"#$%&'()*+,-./0123456789:;<(-. 1=,>!" #$%&'()*+,-./012345!!!"#"$"%&'()*#+,!!"#-$"%'("*$./!"#$%&'()*350,000!1,411,000!988,000!"#$% OU

350 747 202 1 23 603 423 123 241 60 45 47 21 10 350 1,411 988 200,000 50,000 50,000

35,000,000 10% 10% 120% 14 50,000 20,000 2,000 4,476,000 (i) (ii)

5 7

5 7 1,420,000 4,270,000 2,920,000 13,040,000 12.5% 15.8% 5.0% 29.2%

STC STC STC (1) (2) (3)

(4) (5) 9 5 7 18

Pure Herbs

89.0% 71.5% 60.9% 77.7% Lucky Fresh79.4% 52.0% 31.6% Pure Herbs 58.6% 11,292,000 13,683,000 11,042,000 9,537,000 98.9% 50.5% 18.7% 21.4% 52.7% 27.9% 9.3% 16.2% 48.4% 31.8% 2.7% 4,500,000 1,000,000

105,600,000 20% 79,200,000 15% 5% 0.160% 58.78% 4.17% 25.00%20.83% 25%

0.270.810.552.47 0.220.670.462.06 0.271.08 1.844.120.230.91.533.43

(a) (b) (c) 92,400,000 39,600,000

11.23(1) 25%

10,000

1 23 45-47 21 28H 9 15 C 70 30 A 1 9 C 222A 8

1 28 1 28 1 28 1 28 1 28 181 27

12 1901 89 2302 21-23 23 1 49 Conyers Dill & Pearman, Cayman Century Yard, Cricket Square Hutchins Drive George Town, Grand Cayman British West Indies 555 Guangdong Holdings Tower 18

105 Tun Hua N Road 201 7 183 4428 500 37 165-171 15

Century Yard Cricket Square Hutchins Drive P.O. Box 2681GT George Town Grand Cayman British West Indies 23-25 6 ACCA, AHKSA ACCA, AHKSA 1 23 28H Bank of Bermuda (Cayman) Limited 36C Bermuda House British American Centre Dr. Roy s Drive George Town Grand Cayman Cayman Islands British West Indies

56 309

Euromonitor

1,300.0 2% 63,480.0 98% 64,780.0 5,700.0 99% 29.8 1% 5,729.8 1,234.0 33% 540.0 14% 1,980.0 53% 3,754.0 1,206.6 34% 2,365.4 66% 17.6 3,589.6 903.0 35% 1,584.0 61% 101.0 4% 2,588.0 744.0 42% 992.0 57% 14.0 1% 1,750.0 587.8 66% 303.7 34% 891.5 100.8 16% 370.7 57% 178.1 27% 649.6 251.4 61% 36.9 9% 125.7 30% 414.0 0.2 173.0 93% 12.4 7% 185.6 75.6 60% 51.0 40% 126.6 41.7 39% 64.9 61% 106.6 18.2 39% 25.9 56% 2.2 5% 46.3 43.3 100% 43.3 28.1 75% 2.7 7% 6.8 18% 37.6 23.9 98% 0.5 2% 0.1 24.5 0.2 1% 5.9 25% 17.8 74% 23.9 7.6 33% 8.8 39% 6.5 28% 22.9 Euromonitor 64,780 98% 23.9 74%

40 35 30 25 20 15 10 5 0-5 -10 Euromonitor 36.4% 31% 19% 35.8% 116,500,000100 30.5% 3.3% 22.1% 3.4% 29% 3.6% 36.3% 4.8%

Euromonitor 3,250.6 3,163.43 3,230.8 1 2 3 4 1.8 1.8 1.8 1.9 1.9 1.9 0.1 0.1 0.1 0.1 0.1 2.1 1.4 1.4 1.5 1.6 1.7 3.3 66.1 68.0 73.5 83.0 92.7 8.8 16.5 16.6 17.3 18.7 20.2 5.2 85.9 87.9 94.2 105.3 116.6 7.9 Euromonitor, (1)(2) (3) (4) Euromonitor 116,600,000 7.9%

79.5% 92,700,00066,100,000 40.2% 92,700,000 8.8% 20,200,00017.3% 1.9% 1,900,000 Euromonitor 1 2 3 4 1.9 2.0 2.0 2.1 2.1 2.1 0.1 0.1 0.1 0.1 0.1 0.1 1.7 1.7 1.8 1.9 2.0 2.2 92.7 102.0 114.2 127.9 142.0 157.6 20.2 21.4 23.1 24.7 26.4 28.0 116.6 127.2 141.2 156.7 172.6 190.0 Euromonitor (1)(2) (3) (4)

190,000,000 63% 157,600,000 83% 28,000,000 39% 64,780 106 19.7% 96%102 31% 37% Chinese Medical Association480,000,000 60,000,000 372,000,00048,000,000 0.8% 0.9%

% 1 2 3 4 132.0 140.0 152.0 166.0 184.0 8.7 4,892.0 5,832.0 6,880.0 8,400.0 10,156.0 20.0 129.0 149.0 171.0 196.0 229.0 15.4 5,153.0 6,121.0 7,203.0 8,762.0 10,569.0 19.7 Euromonitor (1)(2) (3) (4) 106 19.7%102 96%

1 2 3 4 184.0 201.0 219.0 239.0 259.0 280.0 10,156.0 12,065.0 14,273.0 16,728.0 19,656.0 23,017.0 229.0 264.0 303.0 348.0 399.0 455.0 10,569.0 12,530.0 14,795.0 17,315.0 20,314.0 23,752.0 Euromonitor (1)(2) (3) (4) 124.7%106 238 126.6%

(i) (1) 120 (a) (b) (i) (ii) 119 120 121 119 (2) 109110111 1 2 109111 (A) 114 (a) (i)

(ii) 2 (b) (c) 114(3) 3 2 3 (a) (b) (c) 12 1 2 (d) (e) (f) 1 1 114(4) 2 3

(B) 115 115(3) 4 1 4 (a) (b) (c) 12 1 2 (d) 115(4) XV139 114115 (a)

(b) (i) (ii) (iii) 41 (C) 134 135 135(2)6 3 6 (a) (b)

138 (a)(b) (c) 138 (3) 142 143 144 142144 (4) 163 37 37 2

(5) 171 1741 2 171 174 (6) 162 (7) 167 2(2) (a) (b)

3 5 (8) 9 18

(ii)

(i) (ii) Pure Herbs Dr. Alan Ong 11,422 14,115 11,526 10,462 12,991 47,419 34,181 11,422 27,106 58,945 44,643 (i) (ii)

55.53% 2.44% 4.44% 4.44% 4.44% 3.71% 25% 100% 55% 100% 100% 100% 100% 100% 100% 92%

Lucky Fresh Cheng Jiaqi Brilliant ConceptBrilliant Concept 92% Brilliant Concept Brilliant Concept Brilliant Concept Brilliant Concept Brilliant Concept Brilliant Concept GreatBio Consultant Limited Brilliant Concept 1,500 1.00 15%1,500 587,300 GreatBio Consultant Limited Zia Samuel GreatBio Consultant Limited Medical Alliance Networks Limited GreatBio Consultant Limited Medical Alliance

Networks Limited GreatBio Consultant Limited Zia Samuel GreatBio Consultant Limited Brilliant Concept 8,750Brilliant Concept 92%GreatBio Consultant Limited 8% GreatBio Consultant Limited Sau San Tong Holdings Inc. Value Capital Investment Limited51% 49% Sau San Tong Holdings Inc. 55%550

Sau San Tong Holdings Inc. Pure Herbs 8,800 5 7 10,800 LUCKY FRESH Lucky Fresh Lucky Fresh50050% 500Lucky Fresh Lucky Fresh Lucky Fresh

Lucky Fresh Lucky Fresh Lucky Fresh Cheng Jiaqi Cheng Jiaqi Cheng Jiaqi Cheng Jiaqi 1450 45% Cheng JiaqiCheng Jiaqi Cheng Jiaqi50 1 505% Sau San Tong Holdings Inc. Brilliant Concept Win s Movie & Television Production Limited Win's Movie & Television Production Limited Brilliant Concept Win s Movie & Television Production Limited Win s Movie & Television Production Limited

(a) (b) 50% (c)cheng Jiaqi 45% (d)5% (e)5% Sau San Tong Holdings Inc. (f) (g) (a) (d) (e) (f) (g) (a) (b) (a) (b)biochem (c)biochem Biochem (d)biochem Biochem Magic Inspiration Holdings Inc. Super Nike Group Co. Ltd. Magic Inspiration Holdings Inc.Magic Inspiration Holdings Inc.

Magic Inspiration Holdings Inc.Magic Inspiration Holdings Inc. Magic Inspiration Holdings Inc. Super Nike Group Co. Ltd. Super Nike Group Co. Ltd. Super Nike Group Co. Ltd. Super Nike Group Co. Ltd.Super Nike Group Co. Ltd. Super Nike Group Co. Ltd. Super Nike Group Co. Ltd.Super Nike Group Co. Ltd. Billiant Concept Brilliant Concept Billiant Concept Brilliant Concept Brilliant Concept Billiant ConceptBrilliant Concept Brilliant ConceptBrilliant Concept 10,000 Brilliant Concept9,999 Sau San Tong Holdings Inc. (a) Sau San Tong Holdings Inc. Sau San Tong Holdings Inc.(b) Biochem (c) Biochem (i) Brilliant Concept (ii) Super Nike Group Co. Ltd. Sau San Tong Holdings Inc. Biochem 999 Sau San Tong Holdings Inc. Sau San Tong Holdings Inc. 51%

Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh 5 7

Lucky Fresh Lucky Fresh Pure Herbs Lucky Fresh 5 7 5 7

Lucky Fresh GMP Lucky Fresh GMP 5 7

Pure Herbs

International Business

2002 45 Watson's Health & Beauty Award 2001 2002 45

Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh 5 8,880 1,901,000 1,048,000 1.5 300,000 Greatbio Consultant Limited 587,300 Value Capital Investment Limited 4,900,000

2 1 5 4 3 6 11 17 0 29 76 196 1 8 23 36 6 44 115 253 5 7 5 7 3,200,000 400,000 13,400,000

6,404 74.3% 7,941 78.1% 3,783 75.3% 387 73.4% 4,771 75.6% 5,707 67.8% 5,433 70.2% 614 73.4% 247 49.8% 383 67.4% (318) 2,520 52.5% 398 57.9% 9,028 39.5% Dr. Alan Ong 84 10.6% 108 1.1% 35 20.8% 11,422 14,115 11,526 10,462

5 7 5 7 5 7 13.4 86.6 19.3 80.7 58.3 41.7 70.3 29.7 82.5 17.5 34.6 65.4

5 7 5 5 7 7

Lucky FreshLucky Fresh () Lucky Fresh Lucky FreshLucky Fresh

Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh 2 Lucky Fresh 10%Lucky Fresh Lucky Fresh 5% Lucky Fresh 5%

Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh (a) GMP GMP Tsai Lex Kienquoc (b) Lucky Fresh 1. 2. 3. 4. 5.

Lucky Fresh Lucky Fresh Pure Herbs Pure Herbs Pure Herbs Pure HerbsPure Herbs Pure Herbs Pure Herbs

2 Pure Herbs 10%Pure Herbs Pure Herbs 143 Pure Herbs Pure Herbs Pure Herbs Pure HerbsPure Herbs Pure Herbs

Dr. Alan Ong 1. 3,690 X X X X 20 20A 20B 9 2. 8 3,589 12 3. 7,648 255-257 2005 2604 2605 4. 8,700 23-25 6

1 2 1. 2 5 2. 2 5 5%

(i) x (ii) 66,600211,75095,995 0.5%0.5%0.3%

12,991 83.0% 28,802 87.9% 14,119 93.1% 18,617 87.9% 19,747 94.0% 315 44.7% 12,991 47,419 34,181 428 1,911 3,214 4,119 Dr. Alan Ong Dr. Alan Ong(i) (ii) Dr. Alan OngAlan Ong

60,000 35% 60,001 120,000 40% 120,001 180,000 45% 180,000 50% Dr. Alan Ong Lucky Fresh Lucky Fresh Lucky FreshGMP

114 135109 110 111 134

9 5 7 18 Lucky Fresh GMP GMP Lucky Fresh Lucky Fresh Lucky Fresh

Lucky Fresh GMPGMP GMP Lucky Fresh Pure Herbs 132 54

STC Lucky Fresh Pure Herbs STCSTC Lucky Fresh Pure Herbs Lucky Fresh Pure Herbs

(1) 1. 1. 2. 1. 2. 2. 1 1

3. 1. 2. 1. 2. 3. 4. 1. 2. 3. 4. 1. 15

2. 3. 15 30 10 4. 2002

5. 1. 2. 3. 6. 1. 2. 3. A. MTV 1.) 2.) 3.) B. MTV C.

7. 1. 2. 3. 4. 1. 2. 3. 8. 1. 2. 3. 4. 1. 2. 3.

9. 1. 2. 3. 35 10. 1. 2. 3. 4.

11. 1. 2. 3. 5 1. 2. 3. 4. 4. 12. 1. 2. 3.

(2) 45 2002 1. 2. 7 3. 4. 5. 300,000 80,000 Dickson Wong C.P.A. Co. Ltd.

27.312.2 (3) (4) (i) (ii) (iii)

60% 40% 5,000 Brilliant ConceptBrilliant Concept 5,000 5,000 500 1 14,500 Super Nike Group Co., Ltd. 1

UnileverF&N Coca-Cola Pte. Ltd.ActMedia SingaporeCompass Technology Company Limited Compass Technology Singapore Pte. Ltd. 2,397,926 2,903,140 8,951,532 5,777,762 1,713,079 7,955,112 5,024,141 847,591 753,621 59% 98% 100% 1 1% 1% 5,650,608 15% 847,591

1. 2. 3. 4. 5. 1. 1% 2. 15% 3.

98.9% 50.5% 18.7% 52.7% 27.9% 9.5% 21.3%16.2% 200 4590

5% Lucky Fresh Pure Herbs Lucky Fresh Pure Herbs 2,300,000 3,100,000 3,000,000 5,200,000 79.4% 52.0% 31.6% 63.3% Lucky Fresh Pure Herbs 5%Lucky Fresh Pure Herbs

Lucky Fresh Pure Herbs Lucky Fresh Lucky Fresh 79.4% 52.0% 31.6% 4.7%

89.0% 71.5% 60.9% 77.7% Lucky Fresh Pure Herbs Lucky Fresh Lucky Fresh Pure Herbs Lucky Fresh Tsai Lex Kienquoc ( Lex Lex Lucky Fresh GMP 1. 2. 3. Lucky Fresh 4. Lucky Fresh 5. 2 4 Lex Lex

Lucky Fresh Lucky Fresh Lucky Fresh Lucky Fresh 20% 40% Lex(a) 500 1.00Lucky Fresh(b) Lucky Fresh 500 (c) Lucky FreshLucky Fresh (d) Lucky Fresh Lucky Fresh (e) Lucky Fresh(i) (c)(ii) (c)(f) Lucky Fresh Lex (g)lucky Fresh GMP Lucky Fresh Lucky Fresh Lex Lucky Fresh Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited Value Capital Investment Limited Diamond Profit Holdings Limited Lucky FreshLex Lucky Fresh Lucky FreshLex

(a)lucky Fresh (b)lucky Fresh Lucky Fresh Lucky Fresh (1)Lucky Fresh (2) Lucky Fresh(3)Lucky Fresh (4)Lucky Fresh (5) Lucky Fresh Lucky Fresh Lucky Fresh (a) Lucky Fresh(b) (c) Lucky Fresh(d) Lucky Fresh Pure Herbs Lucky Fresh Pure Herbs Pure Herbs

Lucky Fresh Lucky Fresh Lucky Fresh (i) (ii)

Lucky Fresh Lucky Fresh Lucky Fresh Lucky FreshLucky Fresh Lucky Fresh 100,000 780,000 Lucky Fresh Lucky Fresh 57 Lucky Fresh Lucky Fresh Lucky Fresh 1,600,000 Lucky Fresh 10

Lucky Fresh Lucky Fresh

O O O O O E E E E C O E 0.2 0.2 0.2 0.2 0.2 1.0 C C E E E O O O O O O 0.1 0.1 0.1 0.1 0.1 0.5 C O E E E C

C E O E O * E O* * E O* 9.1 9.1 O O O O O O O O O O O O O O O O O O O O O O O C O O O O O O 5.0 4.0 4.0 4.0 4.0 21.0 O O O O O O O O O O 0.1 0.1 0.1 0.1 0.1 0.5 14.5 4.4 4.4 4.4 4.4 32.1 C O E

253 4 10 10 10 10 17 17 17 17 17 196 230 230 230 230 36 65 65 65 65 253 322 322 322 322 0.2 0.2 0.2 0.2 0.2 1.0 0.1 0.1 0.1 0.1 0.1 0.5 9.1 9.1 5.0 4.0 4.0 4.0 4.0 21.0 0.1 0.1 0.1 0.1 0.1 0.5 14.5 4.4 4.4 4.4 4.4 32.1

17,500,000 500,000300,000 200,000 Lucky Fresh 8,700,000 3,000,000900,000 1,800,000 300,000 1,000,000 300,000 500,000 32,100,000

Americus University

350,000 1,411,000988,000 4,476,000

253 2 1 5 4 3 6 11 17 0 29 76 196 1 8 23 36 6 44 115 253

485 0.1 60.0% 105,600,000 20.0% 5.235.25

(i)(ii) (iii) 10% Biochem 293,200,000 55.53 293,200,000 55.53 Biochem Biochem Biochem 5% Biochem Biochem 5%

1. 13.18 2. 13.18(1) 13.18(4) 3. (2) Biochem 25%

Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited Value Capital Investment Limited Diamond Profit Holdings Limited Diamond Profit Holdings Limited Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited Value Capital Investment Limited Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited Value Capital Investment Limited Diamond Profit Holdings Limited Marlborough Resources Limited Thunder Ride Inc. Workingfield Group Limited Value Capital Investment Limited Diamond Profit Holdings Limited

1,500,000,000 15,000,000 435,600,000 4,356,000 92,400,000 924,000 528,000,000 5,280,000 11.23(1) 25% 105,600,000

(i) 20% (ii) (i) (i) (iii) 10%

(i) (ii) (iii)

1,100,000 228,000 225,000 8,300,000 21,630,000 22,600,00011,200,000 7,100,00030,000 1,800,000300,000 300,0004,600,0006,700,000 4,700,0004,400,000 400,000

22,600,000

1. 2. 528,000,000 11,400,000 56.1% 41.8% 2.1% 2,900,000 8,500,000 74.3% 74.3% 75.6% 49.8% 4,200,000 2,400,000 700,000

2,400,000 700,000 200,00082,000900,000 979300,000 900,000 900,000 1,900,00016.4% 27,100,000 14,100,000 13,000,000 Dr. Alan Ong 56.3% 40.4% 2.7% 0.6%

6,000,000 3,800,000 2,200,000 21,100,000 77.9% 73.2% 83% 74.3% 73.2% Dr. Alan Ong 78.1% 67.8% 67.4% 10.6% Lucky Fresh 78.1% 7.8% 17.6% 10,300,0002,900,000 2,600,0001,900,000 900,000

1.4 2,400,000 2,900,000 5,300,0001,500,000600,000 600,000300,000 300,000200,000 1.2 5,600,000 20.6% 900,000 13.6% 4.2% 58,900,000 11,500,000 47,400,000 Dr. Alan Ong 32.8% 47.1% (2.8)% 21.9% 1%

9,600,0003,900,000 5,700,000 49,300,00083.7% 83%87.9% 73.2% 66.4% 400,000 66.4% Dr. Alan Ong75.3% 70.2%% 52.5% 1.1% 300,000 2.4% 52.5%

33,100,0009,000,000 11,000,0003,500,000 3,100,0002,200,0001,400,000 222% 11,700,0003,400,0001,900,000 1,100,000800,000 300,000900,000400,000100,000 130,491 4,700,0008.0% 66.8%

20.6% 8.0% 2,900,000 9,000,000 46 111 4,100,00014,400,000 170,000 166,000 1,900,000 3,500,000 44,600,000 10,400,000 34,200,000 Dr. Alan Ong 3.7% 5.9% 3.8% 0.3% 86.3% 263%188%

188% (1) (2)(3) 5 7 36.8% 8,200,0005,900,000 2,300,000

36,400,000 81.5% 87.9%93.2% 66.4% 43.4% 86.3% 39.5% 43.4% Dr. Alan Ong 73.4% 73.4% 57.9% 20.8% 39.5% 73.4% 3.2% 5.4% 39.5% (1)(a) 5

7 (b) (2) 15,500,0005,800,000 4,400,0001,300,000 800,000 500,000 700,000 1,400,000 1,200,000 2,200,000 87.9%203.0% 115 202 4,600,0001,100,000700,000 900,000400,000 300,000 200,000 56.7% 203.0%

16,000,000 36.4% 8.0% 36.4% 14,900,000 440,000 860,000 688,000 3,105,000 90,000 270,000 294,000 24% 15% 15% 19% 900,000 16% 16%

1,422,0004,274,0002,921,000 13,038,000 4,500,000 1,000,000 50.0%

21,750 (545) 21,205 11,099 17,500 49,804 9.43 528,000,000 17.1517.21 17.15 25%

7,200,000 60 25 25 17.15 17.21

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

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

(b) (c) (i) (ii) (iii) 3.0% 8,000,000 0.25 70%30%

(i) (ii) (iii) (iv) (v)

92,400,000 39,600,000 25% 0.25 1.0% 0.005% 0.005% 0.002%10,000 2,525.30 (a) (b) www.hkgem.com

10,000

500 37 Sau San Tong Holdings Inc. Sau San Tong Holdings Incorporation Inc.Sau San Tong Holdings Inc. Sau San Tong Holdings Inc. 1,000 100% Sau San Tong Holdings Incorporation Inc.

1,000 55% Brilliant Concept Co. Ltd. 1 100% 18,750 92% 10,000 100% 10,000 100% 100 100% 100 100% (1) Sau San Tong Holdings Inc.SST Holdings Brilliant Concept Co. Ltd.

1. 2. (a) i)

ii) iii) (b) (c) 20% 20% 20% 30% (d)

(e) (f) i) ii)

(g) (h) (i) (j)

(k) (l) (m) (n) (o) i)

ii) (p) (q)

3. (a) 11,422 27,106 58,945 44,643 (2,934) (5,992) (9,615) (8,247) 8,488 21,114 49,330 36,396 (a) 22 47 101 5 (4,242) (10,260) (33,056) (15,532) (2,392) (5,318) (11,672) (4,571) 1,876 5,583 4,703 16,298 (c) (14) (22) (90) (29) (d) 1,862 5,561 4,613 16,269 (e) (440) (950) (958) (2,811) 1,422 4,611 3,655 13,458 (337) (734) (420) 1,422 4,274 2,921 13,038 (f) 4,300 1,000 (g) 0.27 0.81 0.55 2.47

(a) 11,422 14,115 11,526 10,462 12,991 47,419 34,181 11,422 27,106 58,945 44,643 22 1 1 46 100 5 22 47 101 5 11,444 27,153 59,046 44,648 (b)

11,422 11,422 11,422 11,422 2,754 2,754 (900) 22 1,876 (14) 1,862 (440) 1,422 14,115 12,991 27,106 42 (42) 14,157 12,991 (42) 27,106 2,112 3,439 5,551 (15) 47 5,583 (22) 5,561 (950) 4,611 (337) 4,274

11,526 47,419 58,945 11,526 47,419 58,945 (3,607) 8,835 5,228 (626) 101 4,703 (90) 4,613 (958) 3,655 (734) 2,921

10,462 34,181 44,643 138 (138) 10,600 34,181 (138) 44,643 388 17,246 17,634 (1,341) 5 16,298 (29) 16,269 (2,811) 13,458 (420) 13,038 (c) 14 11 12 22 79 17 14 22 90 29

(d) 22 1 1 80 200 650 230 # 2,934 5,992 9,615 8,247 666 3,92813,361 5,344 16 171 599 201 115 201 77 20 131 36 12 522 1,824 737 248451 92 82 1,129 3,316 765 60 66 12 900 142 38 33 # 180,000 60,000 358,000 103,000 150,000 24,000

(e) 16% 17.5% 440 860 688 3,105 (l) 90 270 (294) 440 950 9582,811 1,862 5,561 4,613 16,269 298 890 738 2,847 (4) 146 20 11871 34 40 115 (137) (13) (4) 440 950 9582,811

(f) 4,300 1,000 (g) 528,000,000 (h) (i) 12 6 350 1,399 982 350 1,411 988

1,000,000 6 6 6 5 350,000 747,000 423,000 241,000 805,000 123,000 60,000

(ii) 570 1,119 2,920 1,385 13 32 45 12 583 1,151 2,965 1,397 1 2 2 5 4 3 3 5 5 5 5 1,000,000 5 5 5 5 (i) 5%1,000

(j) (f) 1) (i) 1,713 2) (ii) 3 (i) Brilliant Concept Co. Ltd.Brilliant Concept Brilliant Concept (ii) 3) SST Holdings55% 550

4. (a) 482,167 6,786 9,960 (b) 581 545 (c) 41 (e) 845 407 731 (f) 17 1,17815 30 (g) 1,985 1,872 4,738 6,591 (h) 2,229 3,462 2,422 13,106 226 227 228 333 1,3384,284 13,341 5,409 8,483 11,686 34,068 (e) 264 (i) 921 649 (j) 402 755 593 (k) 1,063 352 146 2,106 333 2,356 9,877 2,522 1,898 2,933 4,982 440 1,300 888 3,477 4,025 4,285 8,263 21,684 1,384 4,198 3,423 12,384 1,432 6,365 10,790 22,889 (j) (230) (422) (357) (l) (90) (360) (66) 1,432 6,045 10,00822,466 (339) (296) (716) 1,432 5,706 9,712 21,750 1,432 5,706 9,712 21,750

(d) 286 286 904 1,072 1,190 1,358 (e) 500 500 (d) 408764 9081,264 282 94 (m) 500 500 (218) (406) 282 94

(a) 33 27 60 7 5 12 26 22 48 33 27 60 1,274 902 212 292 351 3,031 (178) (178) 1,096 902 245 319 351 2,913 7 5 12 372 180 49 64 105 770 (36) (36) 336 180 56 69 105 746 760 722 189 250 246 2,167

1,096 902 245 319 351 2,913 63 54 117 3,166 1,823 945 576 369 6,879 (74) (4) (23) (101) 4,188 2,725 1,249 926 720 9,808 336 180 56 69 105 746 26 29 55 1,376 358193 159 189 2,275 (43) (2) (9) (54) 1,669 538273 248294 3,022 2,519 2,187 976 678 426 6,786 4,188 2,725 1,249 926 720 9,808 2,679 827 256 241 4,003 6,867 3,552 1,505 1,167 720 13,811 1,669 538273 248294 3,022 506 150 6851 54 829 2,175 688 341 299 348 3,851 4,692 2,864 1,164 868 372 9,960 816,000 1,508,000 988,000

(b) 712 712 712 712 131 131 36 131 167 581 545 (c) 41 (d)

(e) 161B 845 407 (264) 731 845 407 (264) 845 845 407 731

(f) Super Nike Group Co. Ltd. 17 17 Super Nike Group Co. Ltd. 17 21 21 157 357 1 1,000 1,000 17 1,178 Super Nike Group Co. Ltd. 21 15 25 5 157 157 1 1,000 1,000 1,17815

Super Nike Group Co. Ltd. 15 20 30 Magic Inspiration Holdings Ltd 10 10 15 30 1. Brilliant Concept 2. 800,000 3. 4. 1 5. SST Holdings 55% (g) 963 2,496 2,950 62 7681,749 2,891 1,923 141 493 750 1,985 1,872 4,738 6,591

(h) 45 90 0 90 1,996 3,112 2,117 12,634 91 120 233 160 305 387 121 150 190 150 85 2,229 3,462 2,422 13,106 (i) 1 (j) 442 814 641 402 755 593 70 181 147 60 158126 197 307 270 170 264 231 709 1,302 1,058 632 1,177 950 (77 ) (125 ) (108) 632 1,177 950 (402 ) (755 ) (593 ) 230 422 357

(k) 3060 0 90 571 352 146 2,055 91 120 492 51 121 150 1,063 352 146 2,106 (l) 90 90 90 90 270 270 360 360 (28) (266) (294) 332 (266) 66

(m) 0.10 1 5,000,000 500 2 1 2 4,999,999 500 5,000,000 500 1. 500,000 5,000,000 0.10 2. 0.10 4,999,999 0.10

(n) 48 48 5,409 5,409 5,457 4,025 4,025 4,025 60 60 12 12 4581,709 2,167 3,187 5,296 8,483 10,650 1,755 2,850 4,605 339 4,944 599 2,432 3,031 189 581 770

1,586 5,158 6,744 2,441 8,326 10,767 1,542 19,053 921 6,600 7,521 1,820 9,341 1,685 5,190 6,875 121 6,996 5181,733 2,251 79 2,330 131

1,455 8,338 9,793 11,697 19,03830,735 4,045 44,573 2,898 19,035 21,933 890 22,823 25 3,844 3,869 134 4,003 306 513 819 10 829 36 (o) (i) 405 339

(ii) 482 2,316 3,272 3,550 906 1,845 2,584 295 669 482 3,222 5,412 6,803 30 24 16 (p) 226,000 227,000 228,000 225,000 (q) (r) 1 282,000 94,000 (s)

5. 10 10 1,422 1,422 10 1,422 1,432 4,274 4,274 10 5,696 5,706 2,921 2,921 500 500 (10) (10) 4,895 4,895 (4,300) (4,300) 500 4,317 4,895 9,712 13,038 13,038 (1,000) (1,000) 500 16,355 4,895 21,750

6. 1,862 5,561 4,613 16,269 131 36 12 770 2,275 829 900 142 38 (22) (1) (1) 14 11 12 22 79 17 2,766 6,494 7,146 17,163 (41) (845) 438 407 (231) (17) (1,161) 846 (15) (1,985) 113 (2,875) (1,853) (2,229) (1,233) 1,040 (10,684) 1,063 (711) (206) 1,960 333 2,023 7,521 764 (764) 2,522 (624) (17) 2,049 1,275 3,649 9,12815,105 (1,100) (516) 1,275 3,649 8,028 14,589 (60) (3,031) (6,879) (4,003) (900) 9 (a) 12 (226) (1) (1) 22 1 1

(938) (3,256) (6,858) (4,004) 10 4,900 15% 2 1,051 1,100 (1,051) (179) (272) 870 1,508 (238) (963) (227) (14) (11) (12) (22) (79) (17) (4,300) (1,000) (200) (4) 612 1,776 (1,528) 333 1,005 2,946 9,057 333 1,3384,284 333 1,3384,284 13,341 333 1,3384,284 13,341

(a) 62 1 200 1 13 (21) 2 (1,031) 3 (517) (1,293) 582 (711) 712 1 (1) 13 12 1. 2. 3. (b) 4,999,999 0.10 500,000

7. (a) 8. P00712

Sallmanns www.sallmanns.com : (852) 2169 6000 : (852) 2528 5079 (a) (b) (c)

(d) (e)

23-25 6 FRICS FHKIS

1. 8 12 2. 23 25 6 3. 23 25 7 706 4. 23 25 7 708-9 5. 8 10 3 B

6. 1 23 7. 45 47 2110 8. 2 4 1 9 2A 9. 2 4 1 3 1A 10. 255 257 26 4 5 11. 255 257 20 5B

1. 28 8 12 12 3,589 57,376 1. 92% 2.

2. 11 6 23 25 6 8,700 176,724 1. 2.

3. 11 7 23 25 7 706 400 9,006 1. 2.

4. 11 7 23 25 7 708-9 782 17,898 1. 2.

5. 10 8 10 3 3 B 465 10,120 1. 92% 2. Leung King ShamShum 2112 Ma Kai Kong2113 3. Vergeland Development Limited

6. 1 23 2,104 50,000 1. 2.

7. 23 21 45 47 21 1,250 10 20,000 1. 2.

8. 12 9 2 4 1 1,850 9 2A 17,000 15% 1. 2.

9. 12 9 2 4 1 2,660 3 1A 15,960 1. 2.

10. 33 255 26 257 26 4 5 5,066 66,871.2 1. 2. Quality Investment Limited 3. 25,077

11. 33 255 20 257 20 5B 2,582 33,050 1. 2. Quality Investment Limited 3. 12,781

1. (a) 27(2) (b) 2. (a) (i)

(ii) (iii) (iv) (v)

(aa) (bb)

(cc) (dd) (ee) 5% (ff) (vi)

(vii)

(aa) (bb) (cc) (6) (dd) (ee) (ff)

(viii) (ix) (x) 30 (b) (c) (i) (ii) (iii)

(iv) (v) (d) (e) 21

95% 21 15 (f) (i) (ii) (iii) (iv)

(g) 15 18 (h) 21

(i) (e) 21 14 (i) (ii) 95% (aa) (bb)

(cc) (dd) (ee) (ff) 20% (gg) (j)

(30) (k) (l) (m)

(i) (ii) (a) (b)

(n) (o) 20 (14)

(20) (p) (2) 2.50 1.00 (q) (r) 3(f)

(s) (i) (ii) (t) (i) 12 (ii) 12 (iii)

(u) 3. (a) (b) (a) (b) (c) 37 (d) (e) (f)

(e) 34 34 2(m) (f) (a)(b) (c)

(g) (h) (i) (ii) (iii) (i) (j) 6 (1) (2)

(k) (l) (m) (n)

(o) 75%

(p) 90% (q) 4. Conyers Dill & Pearman, Cayman

A. 1. 23 25 6 1 23 28H 2. (a) (b) (c) (d) (e) (f) 500,000 5,000,000 0.10 0.10 4,999,999 0.10 5,000,000 0.10 Biochem 5,000,000 0.1050,000,000 0.01 1,450,000,000 500,000 15,000,000 (aa)biochem 50,000,000 (bb)366,000,000 Biochem Diamond Profit Holdings Limited 282,800,00083,200,000 Biochem Diamond Profit Holdings LimitedSau San Tong Holdings Inc.1,000 1.00 Value Capital Investment Limited 19,600,000 Value Capital Investment Limited 49%

3. (a) (b) (i) (ii) (iii) (c) (i) 20% (ii)(d)

(d) 10% 15,000,000 1,500,000,000 5,280,000 528,000,000 972,000,000 4. 550 1.00Sau San Tong Holdings Inc. 55%550 Brilliant Concept Brilliant Concept 1.00 Sau San Tong Holdings Inc.Brilliant Concept Brilliant ConceptBiochem475 1.00 Sau San Tong Holdings Inc. Super Nike Group Co. Ltd. Super Nike Group Co. Ltd. 1.00

Sau San Tong Holdings Inc. 10,000 1.00 9,999Super Nike Group Co. Ltd. Sau San Tong Holdings Inc. Super Nike Group Co. Ltd.Sau San Tong Holdings Inc. Biochem524 1.00 Sau San Tong Holdings Inc. Super Nike Group Co. Ltd. Sau San Tong Holdings Inc. Biochem Diamond Profit Holdings Limited Sau San Tong Holdings Inc. Biochem Diamond Profit Holdings Limited 282,800,00083,200,000 50,000,000Biochem 4,900 1.00 49%Value Capital Investment Limited 4,899Sau San Tong Holdings Inc. Sau San Tong Holdings Inc.Value Capital Investment Limited 19,600,000 10,000 10,000 1.00 Sau San Tong Holdings Inc. Sau San Tong Holdings Inc. Sau San Tong Holdings Inc. 98 10,000 10,000 1.00 Sau San Tong Holdings Inc. Sau San Tong Holdings Inc. Sau San Tong Holdings Inc. 98

10,000 10,000 1.00 Sau San Tong Holdings Inc. Sau San Tong Holdings Inc. Sau San Tong Holdings Inc. 9,998 5. Sau San Tong Holdings Inc. Biochem Sau San Tong Holdings Inc. 999 1.00Brilliant Concept Sau San Tong Holdings Inc. 1.00BiochemSau San Tong Holdings Inc. Biochem BiochemSau San Tong Holdings 1.00 90,000 1.00 10,000 100,000 Brilliant Concept 8,750 1.00 10,000 10,000 1.00 Sau San Tong Holdings Inc. 5,098Value Capital Investment Limited 1,0004,900

Brilliant Concept Brilliant Concept1.00 1.00 6. (a) 10% (b) (c)

(d) 26 (e) 528,000,000 (d)52,800,000

B. 1. (a) 550 1.00 55%Sau San Tong Holdings Inc.550 (b) (c) Brilliant Concept 1.00 Brilliant Concept Sau San Tong Holdings Inc.Biochem 475 Sau San Tong Holdings Inc. 1.00 Sau San Tong Holdings Inc. Super Nike Group Co. Ltd. 10,000 1.00Sau San Tong Holdings Inc.9,999 Sau San Tong Holdings Inc. 1Biochem Sau San Tong Holdings Inc. 1.00 524Super Nike Group Co. Ltd. (d) Value Capital Investment LimitedSau San Tong Holdings Inc. (e) Value Capital Investment Limited Value Capital Investment Limited 49%Value Capital Investment Limited 19,600,000 (f) Biochem Diamond Profit Holdings Limited Biochem Investments Limited Diamond Profit Holdings LimitedSau San Tong Holdings Inc.

!"#$!"#$ %&'()Biochem Diamond Profit Holdings Limited 282,800,000 83,200,000!"Biochem 50,000,000!!"#$% (g)! "#$%!&'($%)Biochem!"#$%#&'()*+!"#$%&' ()*+#,-+(./0123456789:$;<!"#$%&'()%&'()*+, (h)!"#$%&''()*+(,-./012345465 7"#!" #$%&'(!)*+,-./-012310.00 (i)!"# (j)!"# 2.!!"#$%&'())*+,-*./01234567$%&89:;<=!" #$%&'()*+,*-!"#!"!!!! 5 10698/2002! 1 5 35 10699/2002! 2 5!"#$%&'()*+,-.*+/0123*+456789:;<=9!"#$%&'()*+,-./01*234567/089 ORN

!"#$!"#$%!"!"!"!!!!! 5 1022142! 4!"!" 5 1024656! 4!"!" 42 180528!!" 3!"!" 42 181968!!" 3!"!" 1.!"#$%&'()*5!"#$%&'()*+,-./01#23,-./0!"#$%#$&#'()#*+,-.#/0123 2.!"#$%&'()*35!"#$%&'()*+,-./0123*45-6!"#$%& '()*" +","-./"01%23"45!67 3.!"#$%&'()42!"#$%&'()*+,-./01234567.8! 4.!"#$%&'()5!"#$%&'()*+,-)*./)*0123)*4!"#$!"%&#' 5.!"#$%&'(43!"#$%&'())(*+,-(./01234567!"#$%&559!"#$%&'()!"#*+5 11!!"#$%!"#$%&'()*+',-*./0 ORO

C. 1. (a) (b) 2. 200,000 50,000 50,000 35,000,000 10% 10%120% 14 50,000 20,000

2,000 3. 350,0001,411,000 988,000 4,476,000 : (i) (ii) (iii) 4. (a) XV XV78

3525.40 5.58 (%) 1 293,200,000 55.53% 1 BiochemBiochem Biochem 2 1 2 Biochem293,200,000 55.53% 79,200,000 3 26,400,000 3 3

(b) XV23 XV23 (%) Biochem 293,200,000 55.53% Biochem (c) 10% Cheng Jiaqi 45% 5.

6. (a) (b) (c) (d) D. 1. (a) (b) (e) 1.00

(e) (a) (b) (c) (f) (i) 0.1% (ii) 5,000,000 (g) (a)

(b) (h) (i) 1.00 (j) (k) (i) (l)

(ii) (l) (l) (m) (n)

(o) (p) (i) (ii) (k) (m) (n) (iii) (iv) (o) (v) (l) (l) (vi) (h) (t) (vii)

(q) (r) 23.03(13) (s) (i) 23.03 (ii) (iii)

23 (t) (c) (d) (u) (v) (i) (ii) (iii) (iv) (w)

(x) (y) 2. (a) (i) 0.1 60% (ii) 105,600,000 20%

(iii) (iv) (v) (a) (b)23.03(3) 1 10% 10% (c) 23.03(4) 1% (vi) (vii) (b) 3. 0.1 60% 105,600,000 1.00

79,200,000 15% 1 23 26,400,000 5% 45 47 21 25.00% 20.83% 25%

0.270.810.552.470.220.670.46 2.06 0.271.081.844.120.230.91.533.43 E. 1. (g) Biochem (i) 111 3543 (ii) ( ) (a) (b)

5. 6. Conyers Dill & Pearman, Cayman Conyers Dill & Pearman, Cayman 7. 44A44B

8. Biochem P.O. Box 957 39,600,000 100% Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands 9. (a) (i) (ii) (iii) (b) (c) Conyers Dill & Pearman, Cayman (d)

1 49 (a) (b) (c) (d) (e) Conyers Dill & Pearman, Cayman (f) (g) (h) (i) (j) (k)