RISECOMM GROUP HOLDINGS LIMITED [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] 1%[ ] % [ ] 0.005% [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] 32

RISECOMM GROUP HOLDINGS LIMITED (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k)

RISECOMM GROUP HOLDINGS LIMITED [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] 1%[ ] 0.0027% [ ] 0.005% [ ] [ ] 0.0001 [ ] [ ] [ ] [ ] [ ] [ ] 32 342C [ ] [ ] [ ] [ ] [ ] [ ] [ ] 2016 [ ] 2016 [ ] [ ] [ ] [ ] [ ] [ ] [ ] 1%[ ] 0.0027% [ ] 0.005% [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] www. hkexnews.hk www.risecomm.com.cn [ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ]S [ ] [ ]

( 1 ) [ ] i

( 1 ) [ ] ii

[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] [ ][ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ].................................................................................................................................... i iii..................................................................... 1..................................................................... 11................................................................. 21............................................................... 25................................................................. 27.................................................... 42 [ ]................................................ 44 [ ].................................................. 47................................................................. 50................................................................. 52................................................................. 64......................................................... 75 iii

..................................................................... 99............................................................ 138.................................................. 140................................................................. 156..................................................................... 158................................................................. 162 [ ]......................................................... 208 [ ]................................................................... 210 [ ]................................................................... 218 [ ]................................................................... 226................................................... I-1........................................ II-1......................... III-1............................................... IV-1................................ V-1 iv

[ ][ ] [ ] [ ][ ] [ ][ ] 2015 14.1% 2015 45.1% 2013 2014 2015 12 31 2016 6 30 96.0% 94.5% 97.8% 96.7% (i) (ii) (iii) ODM 26 5 1

2008 2010 2012 + 2016 6 30 26 23 2015 2016 3 2016 2014 2 2009 2010 2014 2

2013 2014 12 31 90.0% 18.2% ODM 2015 12 31 2016 6 30 15.0% 24.5% 2016 6 30 15 13 4 10 2006 (CSMA) 1990 20 2016 6 30 126 3

12.7% 2013 2014 2015 12 31 2016 6 30 9.2% 9.0% 7.8% 9.1% 22 31 7 7 2013 2014 2015 12 31 2016 6 30 61.0% 51.8% 49.4% 58.6% 4

90% 2015 14.1% 2010 2015 24.0% 2016 2020 7.9% 2015 95% 80% 2010 2015 14.9% 2016 2020 6.8% 2016 2020 7.7% 60% 70% 2015 6.0% 2020 25.0% 2016 2020 33.2% 2010 2015 31.2% 2016 2020 20.0% 5

12 31 6 30 2013 2014 2015 2015 2016 148,036 100.0 232,628 100.0 340,724 100.0 144,180 100.0 166,476 100.0 (101,063) (68.3) (117,806) (50.6) (164,971) (48.4) (69,183) (48.0) (79,915) (48.0) 46,973 31.7 114,822 49.4 175,753 51.6 74,997 52.0 86,561 52.0 3,336 2.3 6,587 2.8 9,095 2.7 4,859 3.4 6,713 4.0 (9,305) (6.3) (33,169) (14.3) (48,956) (14.4) (23,856) (16.5) (25,631) (15.4) (6,067) (4.1) (17,170) (7.4) (28,200) (8.3) (11,886) (8.3) (15,877) (9.5) (13,558) (9.2) (21,056) (9.0) (26,456) (7.8) (11,875) (8.3) (15,092) (9.1) 21,379 14.4 50,014 21.5 81,236 23.8 32,239 22.3 36,674 22.0 (1,857) (1.3) (317) (0.1) (112) (0) (180) (0) (51) (0) (53) (0) (20,275) (13.6) 2,357 0.9 (753) (0.5) 51,942 22.3 81,056 23.8 32,188 22.3 36,621 22.0 (4,407) (3.0) (11,387) (4.9) (25,864) (7.6) (7,985) (5.5) (9,104) (5.5) (5,160) (3.5) 40,555 17.4 55,192 16.2 24,203 16.8 27,517 16.5 1,917 1.3 (529) (0.2) 5,008 1.5 (97) (0.1) 813 0.5 (3,243) (2.2) 40,026 17.2 60,200 17.7 24,106 16.7 28,330 17.0 6

12 31 6 30 2013 2014 2015 2016 6,681 12,719 25,202 25,983 128,901 295,654 382,054 314,838 170,854 114,707 144,017 136,048 (1) (41,953) 180,947 238,037 178,790 3,577 12,519 20,570 17,185 (38,849) 181,147 242,669 187,588 (1) 2013 12 31 2014 3 12 31 6 30 2013 2014 2015 2015 2016 50,853 80,265 8,280 5,809 2,553 3,037 146 (3,678) (41,652) (4,754) (2,557) (494) (9) (9) (4,287) (647) (327) 393 (97) 813 63,533 143,123 148,109 107,174 142,434 6 30 12 31 2013 2014 2015 2016 (1) 0.75 2.58 2.65 2.31 (2) 0.62 2.34 2.14 1.86 (3) 0.005% (4) 18.3% 15.4% 14.7% (6) (5) 57.0% 26.0% 25.6% (6) 7

(1) (2) (3) (4) (5) (6) [ ] [ ] 2016 8 25 [ ] 771,680 [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] Old Cayman 15.(II)[ ] 19 [ ] (1) [ ][ ] [ ] [ ] [ ] [ ] [ ] (2) [ ] [ ] [ ] (3) [ ] [ ] 8

(1) [ ] [ ] (2) [ ] [ ] (3) [ ] [ ] [ ] [ ] [ ] [ ] 30% [ ] [ ] [ ] [ ][ ][ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] 9

[ ] [ ] [ ] 2016 6 30 2016 2016 8 2016 2 2016 8 2.0 2017 1 2016 6 30 [ ] [ ] [ ] 44.6 [ ] 26.4 18.2 [ ] [ ] 12.4 14.0 2016 12 31 [ ] 2016 12 31 [ ] 10

[ ] [ ] [ ] [ ] [ ] 2016 [ ] 2009 9 4 2015 7 13 2016 43,187.1786 431,871,786 11

[ ] 2008 1 1 1961 3 22 622 32 Seashore Fortune [ ] 16. 2016 Seashore Fortune [ ] 2016 [ ] [ ] 3B. 2016 [ ] [ ] [ ] [ ] 12

2015 7 29 2015 7 16 [ ] [ ] [ ] 2015 1 16 [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] 13

[ ] [ ] [ ] 1%[ ] 0.0027% [ ] 0.005% [ ][ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] [ ] 2016 [ ] [ ] [ ] [ ] [ ] 2015 10 8 [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] [ ][ ] [ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] 14

2015 7 22 2016 9 19 [ ] [ ] [ ][ ] [ ] [ ] 2015 7 2 2016 ODM 15

[ ] [ ][ ] 1%[ ] 0.0027% [ ] 0.005% [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] [ ] Old Cayman Risecomm Co. Ltd. 2006 2 10 2015 8 19 [ ] [ ] [ ] [ ] [ ] [ ] 30 [ ] [ ] [ ] [ ] [ ] [ ]15% [ ] [ ] [ ] [ ] 16

[ ] 2016 8 25 [ ] 15.(II)[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] 2015 1 6 [ ] [ ] [ ] 2015 7 16 [ ] [ ][ ] [ ] 2014 3 7 2014 6 3 50% 17

2014 12 26 75% 2015 2 27 2015 2 27 2014 4 1 2006 5 10 2010 10 11 SB Asia Investment Fund II L.P. 2004 12 9 Seashore Fortune Seashore Fortune Limited 2015 11 18 571 18

0.0001 2016 [ ] 15.(I) 2006 3 31 [ ] [ ] [ ] [ ] [ ] 1 [ ] 4 6 [ ] [ ] 2002 9 6 2013 2014 2015 12 31 2016 6 30 [ ] [ ] [ ] [ ] [ ] [ ] 19

2015 7 22 1933 20

485 RS-485 BPSK 180 CDMA 485 CSMA 21

GPRS 2G 3G kbps 1000 125 1000 1,000,000 OFDM 22

PLC [ 3 300 ] RS 485 [ ] 23

[ ] TCP/IP Wi-Fi 24

25

26

[ ] 2013 2014 2015 12 31 2016 6 30 142.1 219.9 333.2 160.9 96.0% 94.5% 97.8% 96.7% RS-485 27

2013 142.1 2014 219.9 54.8% 2015 333.2 51.6% 2016 6 30 2015 14.7% 2015 80% 2016 2020 6.8% 2016 3 28

2015 5% 29

(i) (ii) 2013 2014 2015 12 31 2016 6 30 79.6% 60.9% 67.6% 54.1% 61.3% 35.2% 35.6% 19.4% 2013 2014 2015 12 31 2016 6 30 8.1% 19.0% 16.9% 24.2% 7.9% 10.0% 8.8% 12.8% 30

2013 2014 2015 12 31 2016 6 30 88.8% 83.6% 78.9% 83.0% 61.0% 51.8% 49.4% 58.6% (i) (ii) 2013 2014 2015 12 31 2016 6 30 5.9% 10.1% 11.8% 10.7% 31

2015 12 31 2016 6 30 36.0% 50.0% 15.0% 24.5% 2015 12 31 2016 6 30 58.5% 63.5% 33.8% 35.6% ISO 9001 2008 32

2017 2015 14.1% 37.3% 32.3% 33

2013 2014 2015 12 31 2016 6 30 41.7% 26.2% 23.9% 28.1% 34

2014 2015 2016 2.5% 4.4% 1.7% 11 35

MERS H1N1 H5N1 36

25% 2009 4 22 82 2011 7 27 45 82 45 2014 1 29 9 82 82 45 9 82 45 9 25% 10% 10% 37

2013 2014 2015 15% 2015 2016 25% 2016 6 30 2015 12 31 2016 6 30 2016 10% 25% 5% 2009 10 601 601 601 601 601 [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] 38

[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] Seashore Fortune [ ] [ ] [ ] [ ] [ ] 39

[ ] [ ] [ ] 2016 8 25 [ ] [ ] [ ] [ ] [ ]% 10% [ ] [ ] [ ] [ ] [ ] 15.(I) 15.(II)[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] 2016 6 30 [ ] 2016 3 13.0 84.0 2016 5 40

[ ] [ ] [ ] [ ] [ ] 41

[ ] [ ] 8.12 8.12 8.12 (a) 3.05 (b) (c) (i) (ii) (d) [ ] 3A.19 [ ] [ ] 13.46 [ ] 42

(e) (i) (ii) (iii) (f) (g) [ ] 43

[ ] [ ] 44

[ ] [ ] 45

[ ] [ ] 46

[ ] B 1703 1 7 108 5 3 604 26 8 43 3 A C-8-1-2701 47

[ ] 1 3 101 [ ] [ ] [ ] 183 35 3501 3507 3513 14 [ ] [ ] 10 16 19 6001 12 Conyers Dill & Pearman Cricket Square PO Box 2681 Grand Cayman KY1-1111 Cayman Islands 48

[ ] [ ] 1 38 100025 77 3 34 10 8 18 2 16 1606 500 B 1018 [ ] 49

Codan Trust Company (Cayman) Limited Cricket Square Hutchins Drive PO Box 2681 Grand Cayman, KY1-1111 Cayman Islands C 501 288 12 2 HKICPA FCCA 1 10 A B 1703 HKICPA FCCA 1 10 A 50

[ ] 1 39 1 1 2 1 www.risecomm.com.cn 51

[ ] [ ] [ ] [ ] [ ] [ ] 1961 850,000 1930 2000 2008 2015 95% 52

2010 2020 160 150 140 130 120 110 100 90 80 70 60 50 40 30 20 10 0 7.9 144.3 134.5 125.0 24.0% 115.3 106.6 94.0 82.4 62.3 57.6 46.7 32.0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 10-15 30.0% 24.3% 30.5% 23.2% 6.0% 16-20 2010 2015 24.0% 2010 32.0 2015 94.0 2016 2020 7.9% 2016 106.6 2020 144.3 2002 2015 12 31 26 1 85% 5 2008 2010 2010 2020 1. 53

2015 4,202 2015 405 26 2015 80% 2010 45.5 2015 91.0 6.8% 2016 97.2 2020 126.7 2016 2016 3 2020 2016 2020 75 2015 12 31 80% 60 80% <20% 60 80% 54

220V/380V RS 485 (i) (ii) 80% 10 BPSK 55

RS-485 RS-485 RS-485 RS-485 1980 RS-485 RS-485 RS-485 RS-485 2010 2020 80 70 60 13.6% 50 44.9 36.3 39.0 40.5 40 31.5 27.6 30 21.4 20 27.8 32.3 32.1 34.3 24.2 16.6 22.1 10 4.8 7.3 8.5 5.6 6.7 8.4 10.5 0 2010 2011 2012 2013 2014 2015 2016 12.0 49.9 36.7 13.2 2017 55.8 39.3 16.4 2018 62.6 42.0 20.6 2019 70.6 44.9 25.7 2020 16 20 7.0% 25.0% 2010 214 2015 405 13.6% 2010 56

12.0% 2016 449 2020 706 2010 2020 160 140 120 100 80 60 45.5 67.0 76.0 61.1 91.6 91.0 114.4 7.0% 122.5 131.0 140.1 149.8 40 20 20 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2016 114.4 7.0% 2020 149.8 2016 2020 2015 2015 2015 2015 2020 2013 2013 2020 57

2010 2020 2015 10 60% 70% 2010 2020 8 7 6 5 4 3 2 1 0 0.0 0.1 0.0 0.5 0.2 1.0 0.7 1.2 1.4 3.0 5.0 6.0 2.2 9.0 2010 2011 2012 2013 2014 2015 2016 33.2% 3.3 13.0 2017 4.5 17.0 2018 5.8 21.0 2019 7.1 25.0 2020 % 100 90 80 70 60 50 40 30 20 10 0 2015 1.4 58

6.0% 33.2% 2016 2.2 2020 7.1 2020 25.0% LED 2015 + 2010 2020 200 20.0% 183.4 150 100 50 19.2 31.2% 62.1 52.8 39.7 29.4 74.8 88.5 105.1 125.3 152.7 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 59

31.2% 2010 192 2015 748 20.0% 2016 885 2020 1,834 40% 2016 43 2015 2013 2013 60

2015 20 2015 90.2% 2015 14.1% 2015 37.3% 32.3% 2015 1.9% 4.6% 14.1% 9.8% 37.3% A B C D 32.3% (1) A (2) B B 61

2015 2015 17.5% 2015 1.8% 3.6% 17.5% 13.4% 38.9% A B D C 24.8% 2015 45.1% 2015 27.1% 45.1% B E F A 3.3% 4.9% 6.5% 13.1% 62

2010 2015 8.0 7.7 2010 2015 2010 2015 10 8.0 7.9 7.8 8 6 4 2 0 7.4 7.7 7.7 2010 2011 2012 2013 2014 2015 2010 1 = 100% 120% 115% 110% 105% 100% 95% 90% 85% 80% 2010 2011 2012 2013 2014 2015 2010 2015 2010 2015 16 17 2010 2015 200 250 2010 2015 20 15 10 17.1 17.0 16.8 17.3 16.4 15.9 250 200 150 219.6 230.6 100 219.0 235.8 246.2 238.8 5 50 0 2010 2011 2012 2013 2014 2015 0 2010 2011 2012 2013 2014 2015 63

2015 3 10 2015 4 10 2015 246 253 2000 6 24 2011 1 28 2012 5 30 (i) (ii) (iii) 25% 64

(iv) (v) 1984 3 12 2009 10 1 2001 6 15 2010 2 1 20 10 1983 3 1 2014 5 1 2002 8 3 2014 4 29 2014 5 1 10 10 10 65

1990 9 72010 4 1 2001 12 20 2013 1 30 2013 3 1 2002 2 20 2001 4 2 2001 10 1 2001 9 18 2001 10 1 (1) (2) 10 66

15 2 (1) (2) 2004 11 5 2004 12 20 2012 5 29 2014 9 1 1993 2 22 2000 7 8 2009 8 27 67

2002 6 29 2014 12 1 1989 12 26 2014 4 24 2015 1 1 2015 8 29 2016 1 1 2008 2 28 2008 6 1 2000 3 20 2015 4 24 2007 3 16 2008 1 1 25% 15% 2016 1 1 68

15% 5 2015 2 3 7 47 7 1993 12 13 2008 11 10 2009 1 1 1993 12 25 2008 12 18 2011 10 28 69

17% 3% 17% 1986 2000 10 31 10% 50% 10% 2006 8 21 5% 25% 25% 10% 2009 2 20 (i) (ii) (iii) 12 2009 8 24 2009 10 1 70

1994 7 5 1995 1 1 2009 8 27 2007 6 29 2012 12 28 2013 7 1 1999 1 22 1999 3 19 2005 12 3 1998 12 14 1999 1 22 2003 4 27 2004 1 1 2010 12 20 1994 12 14 1995 1 1 2011 7 1 0.05% 1999 4 3 2002 3 24 71

10,000 50,000 1996 1 29 2008 8 1 2008 8 5 59 2012 11 19 59 2012 12 17 2015 5 4 59 59 59 19 2015 3 30 19 2015 6 1 19 72

100% 19 1. 2. 3. 4. 37 2014 7 4 37 2014 7 4 37 73

13 2015 2 13 2015 6 1 13 13 74

2006 5 85% 2006 4 2006 5 2006 4 7 Old Cayman Old Cayman (i) Old Cayman 5,800,000 0.001 A A Old Cayman 5,000,000 Old Cayman 2,320,000 A Old Cayman 1.2931 (ii) Old Cayman 8.1 (iii) 85% 15% (iv)old Cayman 2,800,000 0.001 Old Cayman 2,800 Old Cayman Old Cayman Old Cayman 2006 10 25 Old Cayman 67.44% 11.63% 9.30% 8.14% 3.49% 75

SAIF II GP L.P. SAIF Partners II L.P. SAIF II GP Capital Ltd. Andrew Y. Yan A Old Cayman 5,800,000 5,000,000 Old Cayman 2006 7 24 [ ] [ ] [ ] [ ] [ ] [ ]% [ ][ ] [ ] 76

[ ] [ ]% [ ] [ ][ ] 8.24 [ ] (i) [ ] 33.25% [ ] 6 10.07(1)(a) [ ] 30% 10.07(1)(b) [ ] 6 (ii) [ ] [ ] [ ] [ ] 12 77

A Old Cayman A Old Cayman Old Cayman A Old Cayman 6% Old Cayman Old Cayman A Old Cayman Old Cayman Old Cayman Old Cayman Old Cayman Old Cayman Old Cayman Old Cayman Old Cayman Old Cayman 1:1 A Old Cayman Old Cayman 78

A Old Cayman Old Cayman A Old Cayman 5 Old Cayman A Old Cayman 150% A Old Cayman Old Cayman Old Cayman 2014 3 Old Cayman A Old Cayman Old Cayman A Old Cayman Old Cayman A Old Cayman A Old Cayman [ ] [ ] 2012 1 2012 10 2013 7 2012 10 [ ][ ] [ ][ ] [ ][ ] (i) Old Cayman 2006 7 24 [ ] [ ] 28 (ii) 79

SAIF II GP L.P. SAIF Partners SAIF II GP Capital Ltd. Andrew Y. Yan 40 3661 [ ] [ ] SAIF Advisors Ltd. [ ] SAIF Advisors Ltd. [ ] 80

[ ] [ ] [ ] [ ] A Old Cayman 2009 2014 2014 Old Cayman 2014 3 4,271,376 907,195 907,195 Old Cayman 5,510,075 1,170,2821,170,282 2012 2014 Old Cayman Old Cayman Old Cayman 2014 3 188,999 755,996 Old Cayman 243,809 975,235 Old Cayman 2014 3 907,195 Old Cayman 1,170,282 2014 3 Old Cayman 81

Old Cayman 0.01 Old Cayman 100,000 Old Cayman Old Cayman Old Cayman Old Cayman Old Cayman Old Cayman Old Cayman 2006 RISE3301 2008 2010 2011 2012 2013 11 2014 RISE3501 82

2015 2016 2015 8 19 390,000 39,000,000 0.01 Seashore Fortune 33.25% 28.57% 15.49% 5.88% 5.00% 5.00% 4.17% 1.04% 0.79% 0.79% Old Cayman Old Cayman 2006 2 10 50,000 50,000,000 0.001 Old Cayman 2006 4 7 Old Cayman Old Cayman 50,000 41,880,000 Old Cayman 8,120,000 A Old Cayman Old Cayman Old Cayman 5,800,000 A Old Cayman 1,000,000 800,000 700,000 300,000 Old Cayman 2006 10 25 Old Cayman 67.44% 11.63% 9.30% 8.14% 3.49% 83

2012 9 28 Old Cayman Old Cayman 300,000 Old Cayman 1,500,000 Old Cayman Old Cayman 700,000 Old Cayman 0.01 150,000 Old Cayman Old Cayman 1,600,000 2013 1 31 2013 2 6 Old Cayman Old Cayman 2014 3 26 Old Cayman 2014 3 26 Old Cayman 2014 3 28 5,510,075 1,170,282 1,170,282 243,809 975,235 1,170,282 4,271,376 907,195 907,195 188,999 755,996 907,195 Old Cayman 1,855,131 138,282 1,438,086 107,195 Old Cayman Old Cayman 2014 3 26 Old Cayman 2016 5 10 Old Cayman Old Cayman 0.01 Old Cayman Old Cayman Old Cayman 2007 2 1 931,334 (1) (10.83%) 2011 4 21 368,666 (2) (4.29%) 2014 3 26 666,657 (3) (8.77%) 84

1. 2007 2 1 200,000 150,000 150,000 150,000 100,000 100,000 28,000 24,000 16,000 6,667 6,667 2. 2011 4 21 200,000 168,666 3. 2014 3 26 136,000 100,000 100,000 46,898 38,333 34,528 34,000 27,000 26,799 23,000 20,099 20,000 20,000 20,000 20,000 2013 2 6 Old Cayman Old Cayman 1,600,000 700,000 Old Cayman 150,000 Old Cayman 150,000 Old Cayman 85

2014 3 26 0.01 Old Cayman 2014 3 26 Old Cayman 2014 3 28 100,000 Old Cayman 2014 3 Old Cayman Old Cayman 33.56% 24.71% 14.11% 5.25% 5.25% 5.25% 5.25% 4.37% 1.09% 0.58% 0.58% 2015 9 30 1.00 4,271,376 Old Cayman Old Cayman 24.71% 2015 12 31 0.01 Old Cayman Old Cayman 2015 12 31 2016 1 6 228,166 370,518 158,793 43,750 43,750 Old Cayman Old Cayman 33.25% 28.57% 15.49% 5.88% 5.00% 5.00% 4.17% 1.04% 0.79% 0.79% 771,680 Old Cayman Old Cayman 4.26% 200,000 76,500 56,250 56,250 55,000 50,000 45,000 41,195 26,799 26,380 24,000 23,000 20,000 20,000 20,000 20,000 11,306 Old Cayman Old Cayman Old Cayman [ ] [ ] [ ] 15.(II)[ ] Old Cayman 86

2015 2 27 1 1 2006 5 10 2.5 7.5 2014 3 7 3 100% 2014 4 1 2 100% 2010 10 11 1 3.1 87

100% 2014 12 26 1 75% 25% 2015 11 19 250,000 2015 12 22 2016 3 23 75% 13% 2% 2% 2% 2% 1% 1% 1% 1% 88

2 2 1 3 4 2 2 2 2 33.56% 29.96% 14.11% 5.25% 5.25% 5.25% 4.37% 1.09% 0.58% 0.58% Old Cayman (Cayman Islands) 100% 100% 6 100% 8 5 7 9 100% 100% 100% 75% 50% 100% 10 100% 12 14 11 89

1. 2015 9 30 1.00 4,271,376 Old Cayman Old Cayman 24.71% 2. 3. 4. 5. 2012 10 31 2016 2 19 6. Old Cayman 7. 2015 1 16 1,000,000 1,000,000 1.00 8. Old Cayman 9. 2015 1 6 1,000,000 1,000,000 1.00 10. 11. 2015 2 27 1 1 12. 13 25% 13% 2% 2% 2% 2% 1% 1% 1% 1% 14. 2014 6 3 2 50% 25% 25% 2020 5 1 1,000,000 90

2015 8 19 390,000 39,000,000 0.01 0.01 Offshore Incorporations (Cayman) Limited 0.01 Offshore Incorporations (Cayman) Limited 2016 1 22 0.01 Seashore Fortune 100% 2015 10 19 Old Cayman Old Cayman 100% 113,439,587.47 2015 6 30 2015 10 19 2015 10 27 2015 11 6 2015 2 27 2015 11 19 2015 2 27 2015 11 19 91

Old Cayman Old Cayman 2015 12 31 0.01 228,166 370,518 158,793 43,750 43,750 Old Cayman Old Cayman 2015 12 31 2016 1 6 Old Cayman 33.25% 28.57% 15.49% 5.88% 5.00% 5.00% 4.17% 1.04% 0.79% 0.79% Old Cayman 2016 2 1 Old Cayman 18,128,214 5,800,000 A Old Cayman 12,328,214 Old Cayman 0.001 Old Cayman 18,128,213 0.01 Old Cayman 2015 12 31 Old Cayman 6,028,166 5,800,000 A Old Cayman 228,166 Old Cayman 6,028,166 6,028,166 (33.25%) 5,178,571 5,178,571 5,178,571 (28.57%) 2,808,604 2,808,603 Seashore Fortune 2,808,604 (15.49%) 1,065,988 1,065,988 1,065,988 (5.88%) 907,195 907,195 907,195 (5.00%) 907,195 907,195 907,195 (5.00%) 92

Old Cayman 755,996 755,996 755,996 (4.17%) 188,999 188,999 188,999 (1.04%) 143,750 143,750 143,750 (0.79%) 143,750 143,750 143,750 (0.79%) 2016 2 3 Old Cayman Old Cayman 2015 1 16 Old Cayman 2016 2 22 Old Cayman Old Cayman 2015 1 6 Old Cayman 2016 2 22 Old Cayman Old Cayman 93

100% 100% 100% 100% 100% 100% 100% 100% 100% Seashore Fortune Best Gala 33.25% 28.57% 15.49% 5.88% 5.00% 5.00% 4.17% 1.04% 0.79% 0.79% 100% 100% 100% Old Cayman 100% 100% 100% 1 100% 100% 100% 75% 50% 2 3 94

1. 2012 10 31 2016 2 19 2. 25% 13% 2% 2% 2% 2% 1% 1% 1% 1% 3. 2014 6 3 2 50% 25% 25% 2020 5 1 1,000,000 [ ] [ ] [ ] 95

[ ] [ ] [ ] [ ]% [ ]% [ ] [ ] [ ] 100% 100% 100% Seashore Fortune 100% 100% 100% 100% 100% 100% Best Gala [ ]% [ ]% [ ]% [ ]% [ ]% [ ]% [ ]% [ ]% [ ]% [ ]% [ ]% 100% 100% 100% 100% 100% 1 100% Old Cayman 100% 100% 100% 75% 50% 2 3 96

1. 2012 10 31 2016 2 19 2. 25% 13% 2% 2% 2% 2% 1% 1% 1% 1% 3. 2014 6 3 2 50% 25% 25% 2020 5 1 1,000,000 11 2008 12 (i) (ii) Old Cayman 100% 100% 2015 10 27 100% 2015 11 6 97

37 2015 11 37 98

2015 14.1% 2015 45.1% (i) (ii) (iii) ODM 2016 6 30 26 23 2016 2016 3 5 12 31 6 30 2013 2014 2015 2015 2016 % % % % % 142,060 96.0 219,864 94.5 333,229 97.8 140,258 97.3 160,921 96.7 5,976 4.0 12,764 5.5 7,495 2.2 3,922 2.7 5,555 3.3 148,036 100.0 232,628 100.0 340,724 100.0 144,180 100.0 166,476 100.0 99

2006 1990 20 25 2013 2014 2015 12 31 2016 6 30 148.0 232.6 340.7 166.5 2013 12 31 5.2 2014 2015 12 31 2016 6 30 40.6 55.2 27.5 100

2013 2015 80% (CSMA) 101

(OFDM) + 2012 + 2013 2014 2015 12 31 2016 6 30 75 80 119 126 31.3% 22.9% 36.7% 34.3% 2013 2014 2015 12 31 2016 6 30 13.6 21.1 26.5 15.1 9.2% 9.0% 7.8% 9.1% 22 31 7 7 31 26 2015 12 31 85% 102

2013 2015 80% 2008 2010 2012 2014 2016 2016 6 30 26 23 2013 2014 2015 12 31 2016 6 30 142.1 219.9 333.2 160.9 2015 14.1% 2015 17.5% 103

7.9% 2016 106.6 2020 144.3 2016 3 2008 2015 45.1% 2016 6 30 15 2016 2020 33.2% 2016 2020 20.0% 104

20 20 1990 25 126 2016 6 30 34.3% 15 10 + 105

2016 3 2016 2020 75 2015 2016 8 2017 106

2016 6 107

本 文 件 為 草 擬 本 屬 不 完 整 並 可 予 更 改 且 本 文 件 須 與 本 文 件 封 面 警 告 一 節 一 併 閱 讀 業 務 發 及 提 供 高 度 客 製 化 的 產 品 以 應 對 更 多 元 化 的 客 戶 群 及 彼 等 各 自 對 光 伏 發 電 管 理 的 需 要 首 先 我 們 計 劃 加 強 銷 售 及 營 銷 工 作 擴 大 各 戰 略 性 選 定 智 慧 能 源 管 理 應 用 的 客 戶 群 我 們 將 尋 求 加 強 直 銷 並 通 過 系 統 集 成 商 能 源 管 理 公 司 及 能 源 項 目 承 包 商 建 立 強 大 的 銷 售 渠 道 自動抄表業務 我 們 主 要 為 我 們 的 自 動 抄 表 業 務 設 計 開 發 及 銷 售 有 關 中 國 電 網 公 司 配 置 及 升 級 自 動 抄 表 系 統 的 電 力 線 載 波 通 信 產 品 包 括 集 成 電 路 模 組 及 設 備 例 如 採 集 器 及 集 中 器 我 們 的 主 要 產 品 電 力 載 波 芯 片 及 模 組 主 要 用 於 生 產 智 能 電 表 以 及 就 自 動 抄 表 系 統 而 安 裝 的 其 他 設 備 我 們 亦 就 自 動 抄 表 系 統 或 按 項 目 基 準 向 電 網 公 司 提 供 維 護 服 務 下 圖 說 明 自 動 抄 表 系 統 的 一 般 運 作 集中器 後台主站 GPRS/CDMA 電力線 採集器 智能電表 485電表 智 能 終 端 機 層 面 我 們 設 計 的 自 動 抄 表 乃 用 於 運 作 主 要 配 置 於 市 場 的 兩 類 自 動 抄 表 系 統 即 全 電 力 線 載 波 通 信 模 式 及 半 電 力 線 載 波 通 信 模 式 就 全 電 力 線 載 波 通 信 模 式 而 言 內 置 我 們 的 電 力 載 波 芯 片 的 智 能 電 表 可 通 過 電 力 線 直 接 與 集 中 器 通 信 就 半 電 力 線 載 波 通 信 模 式 一 般 亦 稱 為 RS 485 模 式 而 言 數 據 信 號 由 485 電 表 傳 輸 至 與 我 們 的 電 力 載 波 芯 片 整 合 的 指 定 採 集 器 再 通 過 電 力 線 與 集 中 器 通 信 我 們 的 自 動 抄 表 系 統 產 品 主 要 用 於 全 電 力 線 載 波 通 信 自 動 抄 表 系 統 集 中 器 內 置 我 們 的 電 力 載 波 芯 片 的 集 中 器 一 方 面 收 集 來 自 智 能 電 表 或 採 集 器 的 數 據 信 號 另 一 方 面 則 通 過 無 線 解 決 方 案 例 如 GPRS/CDMA 連 接 及 上 傳 數 據 至 後 台 主 站 後 台 主 站 層 面 後 台 主 站 一 般 由 電 網 公 司 操 作 以 處 理 集 中 器 的 數 據 並 在 需 要 的 情 況 下 向 集 中 器 下 發 命 令 108

ODM (i) BSPK (ii) RISE3501/RISE3501E 132 300 5.5kbps BPSK RISE3802 500 166.4 kbps OFDM 109

+ 470MHz 510MHz 10kbps + 470MHz 510MHz 10kbps RS 485 26 5 (i) (ii) (iii) ODM 2016 6 30 26 23 2016 2016 3 110

5 2014 2008 2008 2015 45.1% 111

A A1 A2 An GPRS/CDMA B B1 B2 Bn C C1 C2 Cn GPRS/CDMA (i) (ii) 112

2016 6 30 15 2015 1,500 2014 10,000 2014 1,600 2013 113

TCP/IP 1 2 n 1 2 n TCP/IP 2016 6 30 13 10 2016 6 2011 Zhejiang APsystems Technology Co., Ltd. Zhejiang APsystems 114

本 文 件 為 草 擬 本 屬 不 完 整 並 可 予 更 改 且 本 文 件 須 與 本 文 件 封 面 警 告 一 節 一 併 閱 讀 業 務 的 直 流 電 轉 為 交 流 電 多 個 微 型 逆 變 器 會 併 聯 輸 出 電 力 並 通 常 會 饋 送 至 電 網 我 們 應 用 於 光 伏 發 電 管 理 系 統 的 電 力 線 載 波 通 信 產 品 的 設 計 實 現 了 太 陽 能 發 電 及 轉 換 設 備 的 遠 程 控 制 並 進 行 監 測 下 圖 說 明 我 們 的 電 力 線 載 波 通 信 產 品 於 光 伏 發 電 管 理 系 統 的 一 般 應 用 互聯網 地方後台主站 微型逆變器 1 遠端後台主站 微型逆變器 2 微型逆變器 n TCP/IP/WiFi 集中器 地方後台主站 於 光 伏 發 電 管 理 系 統 中 連 接 太 陽 能 電 池 組 件 的 基 於 電 力 線 載 波 通 信 的 微 型 逆 變 器 通 過 電 力 線 傳 輸 數 據 至 集 中 器 內 置 電 力 線 載 波 通 信 組 件 的 集 中 器 的 設 計 是 通 過 電 力 線 與 多 個 微 型 逆 變 器 通 信 及 對 其 進 行 管 理 亦 通 過 TCP/IP 無 線 上 網 或 其 他 無 線 解 決 方 案 連 接 後 台 主 站 於 往 績 記 錄 期 我 們 大 部 份 的 光 伏 發 電 管 理 產 品 乃 售 予 Zhejiang APsystems 於 2016 年 4 月 我 們 與 Zhejiang APsystems 訂 立 具 法 律 約 束 力 的 戰 略 合 作 協 議 其 有 效 期 直 至 2018 年 8 月 為 止 以 提 供 光 伏 電 力 線 載 波 通 信 產 品 及 相 關 技 術 支 援 雙 方 於 戰 略 合 作 協 議 下 並 無 任 何 最 低 供 應 或 購 買 規 定 研究及開發 我 們 投 放 頗 大 資 源 於 研 發 我 們 於 截 至 2013 年 2014 年 及 2015 年 12 月 31 日 止 年 度 及 截 至 2016 年 6 月 30 日 止 六 個 月 的 研 發 開 支 分 別 為 人 民 幣 13.6 百 萬 元 人 民 幣 21.1 百 萬 元 人 民 幣 26.5 百 萬 元 及 人 民 幣 15.1 百 萬 元 佔 我 們 於 各 期 間 的 總 營 業 額 的 9.2% 9.0% 7.8% 及 9.1% 於 2016 年 6 月 30 日 我 們 的 研 發 團 隊 包 括 126 名 僱 員 (i)74 名 駐 於 廣 東 省 深 圳 聚 焦 於 自 動 抄 表 及 智 慧 能 源 管 理 業 務 的 電 力 載 波 芯 片 設 計 及 產 品 開 發 (ii)19 名 駐 於 江 蘇 省 無 錫 專 注 於 路 燈 控 制 系 統 及 應 用 的 電 力 載 波 芯 片 設 計 及 產 品 開 發 (iii)29 名 駐 於 湖 南 省 長 沙 研 發 重 點 為 不 同 智 慧 能 源 管 理 應 用 的 集 中 器 及 後 台 主 站 軟 件 開 發 及 (iv) 四 名 駐 於 香 港 主 要 負 責 為 海 外 市 場 研 發 路 燈 控 制 的 應 用 於 2016 年 6 月 30 日 我 們 約 34.3% 的 僱 員 為 研 發 人 員 平 均 有 七 年 相 關 行 業 經 驗 此 外 於 2016 年 6 月 30 日 我 們 約 12.7% 的 研 發 人 員 於 相 關 領 域 例 如 通 信 科 技 及 電 子 自 動 化 擁 有 碩 士 或 以 上 學 位 包 括 博 士 學 位 115

2017 + 1 Ghz + 1 Ghz 116

10. 22 11 7 16 31 45 49 7 7 1 10 1 117

25 2016 6 30 119 ODM 180 2013 2014 2015 12 31 2016 6 30 95.2% 32.1% 36.0% 50.0% 2013 2014 2015 12 31 2016 6 30 90.0% 18.2% 15.0% 24.5% 2013 2014 2015 2016 6 30 ODM 5% 118

26 2015 12 31 85% 2010 (i) (ii) (iii) ODM 2016 6 30 26 23 2011 2016 3 2015 2016 119

3 5 1 2 120

2016 2016 8 5 2019 12 121

Risecomm ODM Topsky 2012 ODM 300 300 2012 7 ODM 300 2013 1 2014 2 2014 2 2015 12 31 2016 6 30 2013 2014 2015 12 31 2016 6 30 3.9 50.9 40.7 1.7% 15.0% 24.5% 2016 2016 60 2016 2 122

2014 2 Shenzhen RMS Technology 2009 2013 1 2014 2 2010 2009 1999 38.95% 24.70% 24.70% 11.65% 123

2010 12 2012 4 58.70% 41.30% 2014 4 58.70% 2014 3 2012 1 2014 2 2013 2014 2015 12 31 2016 6 30 133.2 42.3 0.5 90.0% 18.2% 0.1% 2012 4 124

2013 12 31 111 2014 2 2.0 2014 3 Old Cayman Old Cayman Old Cayman 2014 3 Old Cayman 2014 4 2014 3 2014 6 2014 6 2016 2 22 125

126

2,777.0 243.9 2016 2 2016 8 4,402.3 2017 (i) (ii) 127

2016 1 18 2013 2014 2015 12 31 2016 6 30 61.0% 51.8% 49.4% 58.6% 2016 9 5 6 128

(i) 2013 2014 2015 12 31 2016 6 30 8.7 14.3 27.1 9.7 (ii) 9.3 13.1 8.0 5.9% 10.1% 11.8% 10.7% 30 129

2013 2014 2015 12 31 2016 6 30 79.6% 60.9% 67.6% 54.1% 61.3% 35.2% 35.6% 19.4% 2013 2014 2015 2016 6 30 2013 2014 2015 12 31 2016 6 30 8.1% 19.0% 16.9% 24.2% 7.9% 10.0% 8.8% 12.8% 2013 2014 2015 2016 6 30 5% ISO9001 2008 2018 12 ISO9001 2008 2016 6 30 11 130

(i) (ii) (iii) ERP ERP 2016 2015 AAA 2014 RISE3501E 2013 2013 2013 11 104 2012 2011 2011 104 104 131

2016 6 30 367 242 56 24 35 10 2016 6 30 126 119 63 59 367 132

OHSAS18001 2007 2018 12 133

ISO14001 2004 2018 12 17 (i) 7 1 (ii) 1 (iii) 2 (iv) 1 (v) 3 (vi) 2016 6 30 15% 5 32L 6(2) 3 34(2) 342(1)(b) 203 101 134

15 13 331 1002,026.97 16 13 12 2,027 32.80% 13 10 5,395 1,000 10,000 297 5.05% 185 135

2016 4,402 15.4 1.0 2016 6 30 2.0 132,000 2017 1 25 [ ] 2016 1 2016 8 136

137

2016 3 31 6 4 E 518 724,452 3 2016 4 1 2019 3 31 2014 4 2014 2015 12 31 2016 6 30 734,000 724,000 724,452 (i) 2014 2015 12 31 2016 6 30 734,000 724,000 724,452 (ii) (iii) 2016 2017 2018 12 31 750,000 4 1 5 [ ] [ ] 14.07 5% 3 138

14A.76(1) 14A 139

59 2006 5 2016 2 44 2014 6 2016 2 56 2006 6 2016 2 55 2007 4 2016 2 44 60 40 140

46 2016 1 2016 1 2016 3 2016 5 2016 9 59 2006 6 Old Cayman 2006 7 2006 6 Old Cayman 2010 9 2016 1 43 2014 6 2014 6 49 2012 6 2012 6 141

59 2012 6 2012 6 45 2006 6 2009 2 41 2013 3 2013 3 2015 12 59 2016 2 2015 12 2007 1 2014 3 2014 4 2010 10 2015 12 2006 9 Old Cayman 2006 5 20 2006 5 1994 2005 Hughes Network Systems Hughes 1982 7 1986 8 1991 5 Bradley University 142

44 2016 2 2014 6 2015 4 2016 3 2016 3 Old Cayman 15 2009 9 2014 3 1999 5 2009 9 1996 7 2016 6 56 2016 2 2006 6 2015 4 2014 12 2016 5 8 30 19821993 1993 000021 1996 2003 2003 2005 2005 4 2006 5 1982 7 Ngo Chanh Dao 55 2016 2 143

2007 4 Old Cayman 2015 12 2007 5 2015 12 2016 3 2016 3 2007 4 Old Cayman 15 1998 3 2006 5 2006 6 2012 10 SAIF Advisors Ltd. 2012 11 2014 12 2015 1 SAIF Advisors Ltd. 1985 4 1995 4 Macquarie University 2007 4 27 3661 44 15 1995 1996 1996 1998 1998 1999 2001 10 2006 3 2006 3 2010 2 2011 10 2016 5 1995 7 2001 9 2009 5 2013 12 144

60 35 1978 1978 1987 1987 1994 1994 2000 2000 9 2007 12 2007 12 1977 7 1999 6 1999 11 2009 6 1997 12 40 10 2004 9 2005 11 898 2005 11 2006 6 H 2015 6 2006 7 2008 3 736 2007 7 2008 3 2008 4 2011 1 2008 9 2011 2 1196 145

855 2007 3 1260 2011 4 2015 4 986 2013 3 2014 9 913 2014 8 8268 2015 12 2014 12 2015 12 8182 2016 2 1998 11 2007 11 2007 10 2010 6 (i) (ii) (iii) (iv) 12. (d) XV 146

13.51(2)(h) (v) 46 2016 1 2016 5 2016 9 2016 3 10 2004 2005 352 2005 10 2010 12 2727 601727 2011 1 2013 6 933 2013 9 2013 12 1443 2014 1 2015 10 2001 1 1996 1 The Chartered Association of Certified Accountants The Association of Chartered of Certified Accountants 1996 1 Hong Kong Society of Accountants Hong Kong Institute of Certified Public Accountants 1992 11 2007 6 147

59 Old Cayman 2006 7 2006 6 Old Cayman 2010 9 2016 1 20 1984 1987 1994 2000 CommQuest Technologies Inc. IBM 2000 2004 4D Connect, Inc. 4G 2006 7 1982 1 1984 12 1993 5 43 2014 6 15 2000 11 2009 8 2009 9 2014 3 1990 7 49 2012 6 25 1989 1995 1995 2005 148

2005 7 2012 5 1989 7 59 2012 6 30 1982 2003 2003 2007 2007 7 2012 5 1982 7 1998 12 1988 7 7 45 2006 6 2009 2 2016 5 20 1994 2003 000021 2003 2005 2005 2006 5 149

1994 7 41 2013 3 2015 12 15 1997 2001 2001 11 2008 10 2008 11 2012 10 1997 7 14 3.22 14 C3 (a) (b) (c) 150

14 A5 (a) (b) (c) (d) 3.26 14 B1 (a) (b) (c) 2013 2014 2015 12 31 2016 6 30 4,529,000 6,902,000 7,886,000 4,983,000 2013 2014 2015 12 31 2016 6 30 3,934,000 4,856,000 5,324,000 3,404,000 151

2016 12 31 7,800,000 Seashore Fortune (i) (ii) (iii) [ ] (i) [ ] (ii) 10% (iii) 10% 152

(i) (ii) (iii) 30 153

(i) (ii) (iii) (iv) [ ] [ ] Old Cayman Old Cayman [ ] [ ] [ ] 15.(I) 15.(II)[ ] 154

3A.19 3A.23 (i) (ii) (iii) [ ] [ ] (iv) 13.10 [ ] [ ] [ ] 13.46 [ ] 155

[ ] [ ] [ ] XV 2 3 10% (1) [ ] (1) (2) 2,808,604(L) (2)(i) 15.49% [ ] [ ] 26,380(L) (2)(ii) 0.15% [ ] [ ] Seashore Fortune 2,808,604(L) 15.49% [ ] [ ] (3) 5,178,571(L) 28.57% [ ] [ ] (4) 5,178,571(L) 28.57% [ ] [ ] 5,178,571(L) 28.57% [ ] [ ] (5) 6,104,666(L) (6) 33.67% [ ] [ ] SAIF II GP L.P. (5) 6,104,666(L) 33.67% [ ] [ ] SAIF Partners II L.P. (5) 6,104,666(L) 33.67% [ ] [ ] SAIF II GP Capital Ltd. (5) 6,104,666(L) 33.67% [ ] [ ] Andrew Y. Yan (5) 6,104,666(L) 33.67% [ ] [ ] (1) L (2) Seashore Fortune [ ] [ ] Seashore Fortune (i)seashore Fortune (ii) [ ] (3) [ ] [ ] (4) 156

(5) SAIF II GP L.P. SAIF Partners II L.P. SAIF II GP Capital Ltd. Andrew Y. Yan SAIF II GP L.P. SAIF Partners II L.P. SAIF II GP Capital Ltd. Andrew Y. Yan (6) (i) [ ] (ii) [ ] [ ] (7) (i) [ ] (ii) [ ] [ ] [ ] [ ] [ ] XV 2 3 10% 157

10,000,000,000 0.0001 1,000,000 1,000,000 [ ] [ ] (%) [ ] 18,128,214 1,812.8214 3.02 [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] 100.00 158

[ ] [ ] (%) [ ] [ ] 18,128,214 [ ] [ ] [ ] [ ] [ ] [ ] 1,812.8214 2.91 [ ] [ ] [ ] [ ] [ ] [ ] 100.00 [ ] (i) [ ] (ii) [ ] [ ] [ ] [ ] 2016 8 25 [ ] [ ] [ ] Old Cayman Old Cayman [ ] [ ] [ ] 15.(II)[ ] 159

2016 [ ] 10% 15. (I) (a) [ ] [ ] 20% [ ] [ ] (b) (i) (ii) (iii) 3B. 2016 [ ] [ ] 10% [ ] [ ] [ ] [ ] 7. 160

(i) (ii) (iii) 3B. (i) (ii) (iii) (iv) (v) 2. (a) (iii) 2. (a) (ii) 161

2013 2014 2015 12 31 2016 6 30 2015 14.1% 45.1% 2015 8 19 [ ] 2016 2 Old Cayman Old Cayman [ ] 3 Old Cayman Old Cayman Old Cayman 162

2013 2014 2015 2016 6 30 142.1 219.9 333.2 160.9 96.0% 94.5% 97.8% 96.7% 2010 2015 14.9% 2016 2020 6.8% 2020 126.7 2016 2016 2020 7.7% 163

2015 5% 2015 14.1% 2014 164

12 31 6 30 2013 2014 2015 2015 2016 % % % % % 44,035 31.0 109,790 49.9 172,985 51.9 73,261 52.2 84,920 52.8 2,938 49.2 5,032 39.4 2,768 36.9 1,736 44.3 1,641 29.5 46,973 31.7 114,822 49.4 175,753 51.6 74,997 52.0 86,561 52.0 2013 2014 2015 12 31 2016 6 30 88.8% 83.6% 78.9% 83.0% 61.0% 51.8% 49.4% 58.6% 5% 10% 165

-10% 5% +5% +10% 2013 12 31 (6,170) (3,085) 3,085 6,170 (6,106) (3,053) 3,053 6,106 (1) -118.3% -59.2% +59.2% +118.3% 2014 12 31 (6,102) (3,051) 3,051 6,102 5,341 2,671 (2,671) (5,341) +13.2% +6.6% -6.6% -13.2% 2015 12 31 (8,150) (4,075) 4,075 8,150 6,019 3,009 (3,009) (6,019) +10.9% +5.5% -5.5% -10.9% 2016 6 30 (4,681) (2,341) 2,341 4,681 4,268 2,133 (2,133) (4,268) +15.5% +7.8% -7.8% -15.5% (1) 2013 2013 2013 1 166

2 ; ; ) 167

168

12 31 6 30 2013 2014 2015 2015 2016 148,036 100.0 232,628 100.0 340,724 100.0 144,180 100.0 166,476 100.0 (101,063) (68.3) (117,806) (50.6) (164,971) (48.4) (69,183) (48.0) (79,915) (48.0) 46,973 31.7 114,822 49.4 175,753 51.6 74,997 52.0 86,561 52.0 3,336 2.3 6,587 2.8 9,095 2.7 4,859 3.4 6,713 4.0 (9,305) (6.3) (33,169) (14.3) (48,956) (14.4) (23,856) (16.5) (25,631) (15.4) (6,067) (4.1) (17,170) (7.4) (28,200) (8.3) (11,886) (8.3) (15,877) (9.5) (13,558) (9.2) (21,056) (9.0) (26,456) (7.8) (11,875) (8.3) (15,092) (9.1) 21,379 14.4 50,014 21.5 81,236 23.8 32,239 22.3 36,674 22.0 (1,857) (1.3) (317) (0.1) (112) (0) (180) (0) (51) (0) (53) (0) (20,275) (13.6) 2,357 0.9 (753) (0.5) 51,942 22.3 81,056 23.8 32,188 22.3 36,621 22.0 (4,407) (3.0) (11,387) (4.9) (25,864) (7.6) (7,985) (5.5) (9,104) (5.5) (5,160) (3.5) 40,555 17.4 55,192 16.2 24,203 16.8 27,517 16.5 1,917 1.3 (529) (0.2) 5,008 1.5 (97) (0.1) 813 0.5 (3,243) (2.2) 40,026 17.2 60,200 17.7 24,106 16.7 28,330 17.0 169

A1A-33(1) 2013 2014 2015 2016 6 30 96.0% 94.5% 97.8% 96.7% 12 31 6 30 2013 2014 2015 2015 2016 142,060 96.0 219,864 94.5 333,229 97.8 140,258 97.3 160,921 96.7 5,976 4.0 12,764 5.5 7,495 2.2 3,922 2.7 5,555 3.3 148,036 100.0 232,628 100.0 340,724 100.0 144,180 100.0 166,476 100.0 12 31 6 30 2013 2014 2015 2015 2016 74,416 52.4 81,144 36.9 108,078 32.4 51,443 36.7 76,561 47.6 66,550 46.8 129,236 58.8 199,267 59.8 82,424 58.8 77,908 48.4 1,094 0.8 5,857 2.7 13,376 4.0 3,546 2.5 3,115 1.9 3,627 1.6 12,508 3.8 2,845 2.0 3,337 2.1 142,060 100.0 219,864 100.0 333,229 100.0 140,258 100.0 160,921 100.0 170

12 31 6 30 2013 2014 2015 2015 2016 6,087 12.2 4,875 16.6 6,716 16.1 3,087 16.7 4,832 15.8 2,246 29.6 3,365 38.4 5,608 35.5 2,442 33.8 2,233 34.9 8,333 8,240 12,324 5,529 7,065 2014 2 2013 2014 2014 2016 (i) (ii) (iii) 12 31 6 30 2013 2014 2015 2015 2016 2,466 41.3 6,672 52.3 2,883 38.5 1,806 46.1 2,267 40.8 1,493 25.0 3,875 30.3 2,214 29.5 770 19.6 1,860 33.5 2,017 33.7 2,217 17.4 2,398 32.0 1,346 34.3 1,428 25.7 5,976 100.0 12,764 100.0 7,495 100.0 3,922 100.0 5,555 100.0 171

12 31 6 30 2013 2014 2015 2015 2016 61,695 61.0 61,020 51.8 81,498 49.4 35,564 51.4 46,808 58.6 28,078 27.8 37,507 31.8 48,711 29.5 20,793 30.1 19,495 24.4 89,773 88.8 98,527 83.6 130,209 78.9 56,357 81.5 66,303 83.0 8,726 8.6 13,226 11.2 20,075 12.2 8,362 12.1 7,282 9.1 1,024 0.9 7,059 4.3 2,134 3.1 2,458 3.1 1,788 1.8 3,617 3.1 5,495 3.3 1,543 2.2 2,133 2.6 776 0.8 1,412 1.2 2,133 1.3 787 1.1 1,739 2.2 101,063 100.0 117,806 100.0 164,971 100.0 69,183 100.0 79,915 100.0 (i) (ii) (iii) (iv) (v) 12 6 30 2013 2014 2015 2015 2016 152 6,002 12,726 3,973 9,202 2,406 (233) (6,030) (531) (2,270) 541 615 1,207 907 110 182 200 1,151 508 153 55 3 41 2 (482) 3,336 6,587 9,095 4,859 6,713 172

(i) (ii) (iii) (iv) 12 6 30 2013 2014 2015 2015 2016 5,818 18,606 18,553 10,025 9,444 1,245 5,611 10,904 5,375 5,728 169 2,139 5,665 2,210 3,062 19 823 2,590 1,027 1,531 461 1,960 4,029 2,208 1,755 1,480 2,326 3,407 1,433 1,631 40 498 1,260 323 936 3 354 566 273 312 70 852 1,982 982 1,232 9,305 33,169 48,956 23,856 25,631 (i) (ii) (iii) (iv) (v) (vi) 2013 2014 2015 12 31 2016 6 30 6.3% 14.3% 14.4% 15.4% 2014 173

12 6 30 2013 2014 2015 2015 2016 3,564 8,281 9,894 4,567 5,760 [ ] 6,874 1,575 3,798 381 1,858 2,569 1,706 1,750 460 2,357 2,731 1,089 1,514 2,000 336 1,009 2,277 989 1,225 139 72 1,355 753 639 374 767 1,005 520 309 439 404 484 166 354 106 138 189 89 135 268 284 822 432 393 6,067 17,170 28,200 11,886 15,877 (i) (ii)[ ] (iii) (iv) (v) 2014 (vi) (vii) 2013 2014 2015 12 31 2016 6 30 4.1% 7.4% 8.3% 9.5% 2015 [ ] 174

12 6 30 2013 2014 2015 2015 2016 9,816 12,744 17,212 7,281 10,169 46 805 2,449 1,222 524 631 3,579 1,124 827 549 1,044 1,257 1,457 697 932 968 940 1,330 565 1,088 335 633 1,564 824 904 718 1,098 1,320 459 926 13,558 21,056 26,456 11,875 15,092 (i) (ii) (iii) (iv) (v) (vi) 2013 2014 2015 12 31 2016 6 30 9.2% 9.0% 7.8% 9.1% 2016 12 31 Old Cayman 2016 5,800,000 A Old Cayman A Old Cayman 6% 2014 3 5 175

50% 2014 6 Old Cayman 2006 2014 3 5 18 (i) (ii) 25% 2013 2013 2014 2015 15% 2015 2016 25% 2016 6 30 2015 12 31 2016 6 30 50% Old Cayman 2013 2014 2015 12 31 2015 12 31 176

Old Cayman Old Cayman Old Cayman 2016 Old Cayman 2016 6 30 2008 1 1 10% 10% 16.5% 2016 6 30 2015 6 30 2015 6 30 144.2 15.5% 2016 166.5 20.7 1.6 2015 6 30 140.3 14.7% 2016 160.9 1.7 25.1 (i) (ii)odm 4.5 177

2015 6 30 3.9 1.6 2016 5.6 1.1 2015 6 30 69.2 15.5% 2016 79.9 11.2 1.3 1.1 2015 6 30 75.0 15.4% 2016 86.6 2015 2016 6 30 52.0% 2015 6 30 4.9 38.2% 2016 6.7 5.2 2016 2015 1.7 2015 6 30 23.9 7.4% 2016 25.6 1.4 2015 6 30 11.9 33.6% 2016 15.9(i)2016 2015 [ ] 2.2(ii) 1.2 178

2015 6 30 11.9 27.1% 2016 15.1 2.9 2015 6 30 32.2 13.8% 2016 36.7 22.4% 22.0% 2015 2016 6 30 0.1 2015 6 30 32.2 13.8% 2016 36.6 2015 6 30 8.0 14.0% 2016 9.1 2016 2015 2016 2015 6 30 24.9% 24.8% 2015 6 30 24.2 13.7% 2016 27.5 2016 2015 6 30 16.8% 16.5% 2015 12 31 2014 12 31 2014 232.6 46.5% 2015 340.7 113.4 5.3 179

2014 219.9 51.6% 2015 333.2 2.2 70.0 2015 2014 38.4 2015 35.5 2015 27.0 2015 2014 12.8 41.3% 2015 7.5(i) 3.8 (ii) 1.7 2014 2015 2014 30.8 2015 21.5 2014 2015 2014 141.0 2015 82.9 2015 2014 117.8 40.0% 2015 165.0 (i) 31.7 (ii) 6.8 (iii) 2014 3.6 2015 12.5 2015 6.0 180

2014 114.8 53.1% 2015 175.8 2014 49.4% 2015 51.6% 2014 6.6 38.1% 2015 9.1 6.7 2015 5.8 2015 2014 33.2 47.6% 2015 49.0 (i) 5.3 (ii) 3.5 (iii) 2.1 2015 2014 17.2 64.2% 2015 28.2 (i)2015 [ ] 6.9 (ii)2015 1.6 2014 21.1 25.6% 2015 26.5 (i)2015 4.5 (ii) 1.6 2.5 2014 50.0 62.4% 2015 81.2 2014 21.5% 2015 23.8% 181

2014 0.3 2015 2014 3 2016 2015 2014 0.1 60.7% 2015 0.2 2015 2014 2.4 2015 2014 3 2015 12 31 2014 51.9 56.1% 2015 81.1 2014 11.4 14.5 2015 25.9(i)Old Cayman 2015 9.0 (ii)2015 2014 23.0% 2015 31.9% 2014 40.6 36.1% 2015 55.2 2014 17.4% 2015 16.2% 2015 2014 12 31 2013 12 31 2013 148.0 57.1% 2014 232.6 77.8 6.8 182

2013 142.1 54.8% 2014 219.9 (i) 2014 2 (ii) 2014 1.1 62.7 2014 6.7 2014 2 1.2 2013 6.0 6.8 2014 12.8(i) 4.2 2014 (ii) 2014 2.4 2013 101.1 16.6% 2014 117.8 (i) 8.8 (ii) 4.5 2014 2014 2013 47.0 67.8 2014 114.8 2013 31.7% 2014 49.4% 2013 31.0% 2014 49.9% 2014 2 2014 2 2013 3.3 97.5% 2014 6.6 5.9 2014 2013 2014 2014 0.2 2013 183

2.4 2014 2013 9.3 23.9 2014 33.2 12.8 4.4 2014 2 2014 2013 6.1 11.1 2014 17.2 (i) 2014 4.7 (ii) 2014 2 2.0 2013 13.6 55.3% 2014 21.1 (i) 2.9 (ii) 2014 2.9 2013 21.4 28.6 2014 50.0 2013 14.4% 2014 21.5% 2013 1.9 82.9% 2014 0.3 2014 3 2014 3 2013 2014 0.1 2014 6 50% 184

2013 20.3 22.6 2014 2.4 2014 3 2014 12 31 2014 51.9 2013 0.8 2013 4.4 7.0 2014 11.4 (i) 2014 (ii) 2014 2.9 2013 22.6% 2014 23.0% 2014 40.6 2013 5.2 2013 3.5% 2014 17.4% 2013 21.4 2014 50.0 2014 2013 185

12 31 6 30 2013 2014 2015 2015 2016 50,853 80,265 8,280 5,809 2,553 3,037 146 (3,678) (41,652) (4,754) (2,557) (494) (9) (9) (4,287) 51,333 79,917 4,593 (35,852) (6,488) (647) (327) 393 (97) 813 12,847 63,533 143,123 143,123 148,109 63,533 143,123 148,109 107,174 142,434 (i) (ii) 2016 6 30 2.6 7.2 4.6 36.6 2.4 32.6 (i) 29.8 2016 (ii) 11.6 2015 12 31 11.3 2016 6 30 (i) 2016 6 30 (ii) 186

2015 8.3 27.6 19.3 81.1 3.0 2.4 57.6 (i) 46.8 2016 (ii) 37.0 23.3 2015 2015 2016 2015 2014 (i) 2015 (ii) 2014 80.3 85.2 4.9 (i) 51.9 3.1 2.1 2.4 (ii) 30.7 (i) 45.3 (ii) 5.2 15.7 4.2 2015 2013 50.9 52.4 1.6 (i) 0.8 20.3 (ii) 30.0 37.7 7.0 2016 6 30 4.8 5.0 (i) (ii) (iii) 187

2015 3.7 10.5 (a) (b) (c) (i) 4.9 (ii) 2.4 2014 0.1 4.9 5.1 2014 2013 3.0 4.9 2.6 2016 6 30 4.3 2016 5 84.0 79.5 2015 9,000 2014 0.5 2014 Old Cayman 0.5 Old Cayman 2013 2.6 2013 Old Cayman Old Cayman 188

12 31 2013 2014 2015 2016 6 30 2016 7 31 23,503 27,671 73,683 62,409 71,948 32,065 119,960 160,262 109,995 102,457 9,800 4,900 63,533 143,123 148,109 142,434 142,544 128,901 295,654 382,054 314,838 316,949 9 70,975 102,950 125,701 114,118 122,764 93,085 6,794 11,748 18,316 21,930 18,128 170,854 114,707 144,017 136,048 140,892 (41,953) 180,947 238,037 178,790 176,057 2014 2015 12 31 2016 6 30 2016 7 31 2013 12 31 2014 12 31 180.9 2015 12 31 238.0 2016 6 30 178.8 2016 5 2016 7 31 176.1 2016 6 30 178.8 2014 2015 12 31 2016 6 30 2016 7 31 12 [ ] 189

6 30 12 31 2013 2014 2015 2016 14,091 7,570 41,689 32,271 2,307 6,919 3,800 8,315 7,105 13,182 28,958 22,587 23,503 27,671 74,447 63,173 (764) (764) 23,503 27,671 73,683 62,409 (1) 85 86 163 141 (1) 2013 12 31 23.5 2014 12 31 27.7 2015 2014 2014 12 31 27.7 2015 12 31 73.7 (i) (ii) 2016 190

2016 6 30 2015 12 31 25.7 61.6% 2015 12 31 20.8 71.7% 2015 12 31 73.7 2016 6 30 62.4 2015 12 31 2016 2016 2015 12 31 2016 6 30 2016 7 31 2016 6 30 6.6 10.5% 2013 2014 12 31 2015 12 31 2016 6 30 0.7 180 180 12 31 6 30 2013 2014 2015 2016 26,437 40,178 61,889 89,181 (247) (319) (1,674) (2,314) 26,190 39,859 60,215 86,867 400 600 5,500 26,590 40,459 65,715 86,867 191

2013 2014 2015 12 31 2016 6 30 26.4 40.2 61.9 89.2 2015 12 31 2016 6 30 2016 6 30 2016 2016 60 6 30 12 31 2013 2014 2015 2016 21,497 38,151 53,945 66,590 4,940 577 3,327 18,693 1,450 4,617 3,898 26,437 40,178 61,889 89,181 (247) (319) (1,674) (2,314) 26,190 39,859 60,215 86,867 (1) 65 63 65 94 (1) 2013 2015 2015 65 2016 6 30 94 2016 192

12 31 6 30 2013 2014 2015 2016 108 247 319 1,674 139 72 1,355 640 247 319 1,674 2,314 2013 2014 2015 12 31 2016 6 30 0.1 0.1 1.4 0.6 2015 12 31 (i) 0.5 (ii) 2015 12 31 6 30 2013 2014 2015 2016 18,350 24,055 34,995 55,292 6 4,715 14,263 21,615 27,554 6 12 3,125 1,091 1,140 3,449 12 450 2,465 572 7,840 15,804 25,220 31,575 26,190 39,859 60,215 86,867 2013 2014 2015 12 31 2016 6 30 7.8 15.8 25.2 31.6 193

2016 6 30 89.2 2016 7 31 10.8 12.1% 2013 2014 2015 12 31 2016 6 30 0.4 0.6 5.5 2013 2014 2015 12 31 2016 6 30 1.2 2.3 2.1 0.2 194

30 (i) (ii) (iii) 12 31 6 30 2013 2014 2015 2016 49,692 73,739 95,467 83,266 258 10,213 1,869 4,185 1,912 3,066 4,570 4,768 5,257 15,432 22,850 21,899 57,119 102,450 124,756 114,118 2013 12 31 49.7 2014 12 31 73.7 (i) (ii) 2014 12 31 73.7 2015 12 31 95.5 2015 2016 2015 2016 6 30 83.8 195

6 30 12 31 2013 2014 2015 2016 15,031 51,279 34,425 39,021 13,523 3,072 32,121 106 20,980 12,312 24,624 39,839 158 7,076 4,297 4,300 49,692 73,739 95,467 83,266 (1) 179 228 211 188 (1) 30 2013 2014 2015 12 31 2016 6 30 93.5% 69.9% 78.6% 61.4% 2016 6 30 83.3 2016 7 31 14.3 17.1% 2013 12 31 0.3 2014 12 31 10.2 2014 2014 2014 12 31 10.2 2015 12 31 1.9 2015 2016 6 30 4.2 196

12 31 6 30 2013 2014 2015 2016 863 1,912 3,066 4,570 1,480 2,326 3,407 1,631 (431) (1,172) (1,903) (1,433) 1,912 3,066 4,570 4,768 2013 12 31 2016 6 30 [ ] 2013 12 31 5.3 2014 12 31 15.4 2014 12 31 15.4 2015 12 31 22.9 2015 12 31 [ ] 2015 12 31 2016 6 30 21.9 2013 2014 2015 12 31 2016 6 30 126.4 54.5 280.2 106.5 2013 2014 2015 12 31 2016 6 30 9.8 4.9 2013 2014 12 31 197

2016 5 18 Old Cayman 2006 SAIF 5,800,000 A Old Cayman SAIF 6% A Old Cayman 2013 1 1 2013 12 31 10,579,000 66,496,000 13,048,000 79,551,000 2,469,000 15,283,000 2013 12 31 2014 3 5 SAIF A Old Cayman SAIF A Old Cayman 12,722,000 78,240,000 2,324,000 14,239,000 SAIF A Old Cayman Old Cayman 2006 SAIF SAIF Old Cayman 2,320,000 A Old Cayman 2013 1 1 2013 12 31 1,414,000 8,884,000 2,220,000 13,534,000 806,000 4,992,000 2013 12 31 2014 3 5 SAIF A Old Cayman 2,109,000 12,920,000 198

2013 2014 2015 12 31 2016 6 30 4.6 7.6 10.0 10.1 0.9 0.8 5.9 7.4 2016 6 30 1.0 6 30 12 31 2013 2014 2015 2016 1,641 5,073 5,338 1,839 945 5,182 2,178 1,000 2,586 5,073 10,520 5,017 2016 12 31 10.2 2016 6 30 5,817 2,562 8,379 199

2016 6 30 8.4 2016 6 30 14.4 2014 12 31 9,000 2013 2014 2015 12 31 2016 6 30 2016 7 31 2016 6 30 2016 6 30 2013 2014 2015 12 31 2016 6 30 0.7 0.7 0.7 2016 3 31 200

2016 4 1 2019 3 31 2015 3 2016 1 2016 1 2015 3 2016 1 2015 12 31 14.1 2013 2014 2015 12 31 2016 6 30 2.6 74.9 79.5 0.1 (i) 2013 12 31 SAIF 13.9 SAIF 2014 3 (ii) 2014 12 31 0.5 2015 (iii) 2015 12 31 0.9 2016 6 30 201

6 30 12 31 2013 2014 2015 2016 (1) 0.75 2.58 2.65 2.31 (2) 0.62 2.34 2.14 1.86 (3) 0.005% (4) 18.3% 15.4% 14.7% (6) (5) 57.0% 26.0% 25.6% (6) (1) (2) (3) (4) (5) (6) 2013 2014 2015 12 312016 6 30 0.75 2.58 2.65 2.31 2013 12 31 0.75 2015 12 31 2.65 2015 12 31 2015 12 31 2.65 2016 6 30 2.31 2016 6 30 2016 6 30 2013 2014 2015 12 312016 6 30 0.62 2.34 2.14 1.86 2014 12 31 2.34 2015 12 31 2.14 202

2014 12 31 0.005% 2013 2015 12 31 2016 6 30 2014 18.3% 2015 15.4% 2015 12 31 2013 2013 2016 6 30 2014 57.0% 2015 26.0% 2015 12 31 2013 2013 12 31 2013 2016 6 30 203

2013 2014 2015 12 31 2016 6 30 58.4% 16.4% 33.8% 35.6% 80.1% 52.1% 58.5% 63.5% 14 26 24(b) 24(c) 2016 3 13.0 84.0 2016 5 204

30% (i) (ii) 2016 6 30 [ ] [ ] [ ] 44.6 [ ] 26.4 18.2 [ ] [ ] [12.4] 14.0 2016 12 31 [ ] 2016 12 31 [ ] [ ] [ ] 4.29 [ ] 2016 6 30 [ ] 2016 6 30 205

[ ] [ ] 2016 6 30 2016 6 30 [ ] [ ] [ ] [ ] [ ] (1) (2)(5) (3)(4) (4) (5) [ ][ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] [ ] [ ] [ ] [ ] [ ] [ ] (1) 2016 6 30 2016 6 30 187,370,000 7,419,000 (2) [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] 27.1 28.3 2016 6 30 10.7 [ ] [ ] (3) 2016 6 30 (4) [ ] [ ] [ ] (2) [ ] 2016 6 30 [ ] [ ] [ ] [ ] [ ] [ ] [ ] (5) [ ] [ ] 1.00 0.8601 206

2016 6 30 2016 2016 8 2016 2 2016 8 2.0 2017 1 2016 6 30 [ ] 13.13 13.19 207

[ ] [ ] [ ] [ ] [ ][ ][ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] + [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ]% [ ] (i) (ii) (iii) [ ] [ ] 208

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10 8 2013 2014 2015 12 31 2016 6 30 2015 12 31 2016 6 30 2013 2014 2015 12 31 2016 6 30 2015 8 19 22 3 2016 2 B 1(b) Risecomm Co. Ltd. 12 31 B 28 I-1

B 2013 2014 2015 12 31 2016 6 30 [ ] 3.340 2016 6 30 B 1(b) 2013 2014 2015 12 31 2016 6 30 2015 12 31 2016 6 30 2410 2015 6 30 I-2

I-3

A 1 12 31 6 30 B 2013 2014 2015 2015 2016 3 148,036 232,628 340,724 144,180 166,476 (101,063) (117,806) (164,971) (69,183) (79,915) 46,973 114,822 175,753 74,997 86,561 4 3,336 6,587 9,095 4,859 6,713 (9,305) (33,169) (48,956) (23,856) (25,631) (6,067) (17,170) (28,200) (11,886) (15,877) 5(d) (13,558) (21,056) (26,456) (11,875) (15,092) 21,379 50,014 81,236 32,239 36,674 5(a) (1,857) (317) (112) (180) (51) (53) 5(b) (20,275) 2,357 5 (753) 51,942 81,056 32,188 36,621 6 (4,407) (11,387) (25,864) (7,985) (9,104) (5,160) 40,555 55,192 24,203 27,517 (5,160) 40,555 55,300 24,255 27,441 (108) (52) 76 (5,160) 40,555 55,192 24,203 27,517 9 I-4

12 31 6 30 B 2013 2014 2015 2015 2016 (5,160) 40,555 55,192 24,203 27,517 1,917 (529) 5,008 (97) 813 (3,243) 40,026 60,200 24,106 28,330 (3,243) 40,026 60,308 24,158 28,254 (108) (52) 76 (3,243) 40,026 60,200 24,106 28,330 I-5

2 12 31 6 30 B 2013 2014 2015 2016 10 4,581 7,609 9,987 10,112 11 933 838 5,921 7,419 1,000 12 888 708 655 20(b) 1,167 3,384 8,586 6,797 6,681 12,719 25,202 25,983 13 23,503 27,671 73,683 62,409 14 32,065 119,960 160,262 109,995 15 9,800 4,900 16 63,533 143,123 148,109 142,434 128,901 295,654 382,054 314,838 9 17 70,975 102,950 125,701 114,118 18 93,085 20(a) 6,794 11,748 18,316 21,930 170,854 114,707 144,017 136,048 (41,953) 180,947 238,037 178,790 (35,272) 193,666 263,239 204,773 20(b) 896 4,659 9,818 8,874 21 2,681 7,860 10,752 8,311 3,577 12,519 20,570 17,185 (38,849) 181,147 242,669 187,588 I-6

12 31 6 30 B 2013 2014 2015 2016 22 22 109 115 152 23 (38,871) 181,038 242,662 187,218 (38,849) 181,147 242,777 187,370 (108) 218 (38,849) 181,147 242,669 187,588 I-7

3 2015 12 31 2016 6 30 158,781 158,781 142 119 142 119 169 3,046 169 3,046 (27) (2,927) (27) 155,854 152 (27) 155,702 (27) 155,854 I-8

4 22 23(a) 23(b) 23(c) 23(d) 2013 1 1 22 7,780 5,273 (48,891) (35,816) (35,816) (5,160) (5,160) (5,160) 1,917 1,917 1,917 1,917 (5,160) (3,243) (3,243) 19(d) 210 210 210 1,635 (1,635) 2013 12 31 2014 1 1 22 7,990 1,635 7,190 (55,686) (38,849) (38,849) 40,555 40,555 40,555 (529) (529) (529) (529) 40,555 40,026 40,026 58 75,118 75,176 75,176 18 36 30,593 74,770 105,399 105,399 19(d) 3,063 3,063 3,063 19(b) 1 997 (992) 6 6 (8) (859) (2,807) (3,674) (3,674) 4,951 (4,951) 2014 12 31 109 106,708 83,972 6,586 6,661 (22,889) 181,147 181,147 I-9

22 23(a) 23(b) 23(c) 23(d) 2015 1 1 109 106,708 83,972 6,586 6,661 (22,889) 181,147 181,147 55,300 55,300 (108) 55,192 5,008 5,008 5,008 5,008 55,300 60,308 (108) 60,200 19(d) 1,296 1,296 1,296 19(b) 6 5,722 (5,702) 26 26 5,286 (5,286) 2015 12 31 2016 1 1 115 112,430 79,566 11,872 11,669 27,125 242,777 (108) 242,669 27,441 27,441 76 27,517 813 813 813 813 27,441 28,254 76 28,330 19(d) 335 335 335 250 250 22 37 (112,430) 50,965 61,428 23(e) (83,996) (83,996) (83,996) 2016 6 30 152 130,866 11,872 12,482 31,998 187,370 218 187,588 2015 1 1 109 106,708 83,972 6,586 6,661 (22,889) 181,147 181,147 24,255 24,255 (52) 24,203 (97) (97) (97) (97) 24,255 24,158 (52) 24,106 19(d) 816 816 816 2015 6 30 109 106,708 84,788 6,586 6,564 1,366 206,121 (52) 206,069 I-10

5 12 31 6 30 2013 2014 2015 2015 2016 B 16(b) 52,419 85,152 27,619 12,322 7,198 20(a) (1,566) (4,887) (19,339) (6,513) (4,645) 50,853 80,265 8,280 5,809 2,553 (2,586) (5,073) (10,520) (4,467) (5,017) 4 84 (500) (500) (500) (126,400) (54,500) (280,210) (141,510) (106,500) (21,000) (21,000) 131,300 59,400 285,110 124,410 106,500 21,000 723 815 2,358 1,415 263 3,037 146 (3,678) (41,652) (4,754) I-11

12 31 6 30 2013 2014 2015 2015 2016 B 9 250 79,459 (9) (9) (2,557) (502) (1) (83,996) (2,557) (494) (9) (9) (4,287) 51,333 79,917 4,593 (35,852) (6,488) (647) (327) 393 (97) 813 16(a) 12,847 63,533 143,123 143,123 148,109 16(a) 63,533 143,123 148,109 107,174 142,434 I-12

B 1 (a) B 2016 1 1 2016 1 1 29 2015 6 30 (b) 2015 8 19 Risecomm Co. Ltd. [ ] 2016 2 Risecomm Co. Ltd. 2006 2 10 Risecomm Co. Ltd. SB Asia Investment Fund II L.P. SAIF 2016 2 SAIF Risecomm Co. Ltd. [ ] 3 Risecomm Co. Ltd. Risecomm Co. Ltd. Risecomm Co. Ltd. I-13

Risecomm Co. Ltd. 2006 2 10 18,128,214 0.001 100% 2015 1 16 1 1 100% 2015 1 6 1 1 100% 2015 2 27 1 1 100% 2015 2 27 1 1 100% 2006 5 10 7,500,000 100% 2014 3 7 3,000,000 100% 2010 10 11 3,100,000 100% 2014 4 1 2,000,000 100% 2014 12 26 1,000,000 75% I-14

(c) 1(o) 1(p) 1(g) (d) 2 (e) 1(f) I-15

1(k) (f) 1(k) (g) 1(v)(iii) 1(v)(iv) 1(k)(i) 1(v)(iii) I-16

1(k) (h) 1(k)(ii) 20 5 10 5 8 3 1(k)(ii) (i) 1(k)(ii) 3 10 I-17

(j) (k) (i) 1(k)(ii) 1(f) 1(k)(ii) 1(k)(ii) I-18

(ii) (l) I-19

(m) 1(k)(i) (n) (o) (p) (q) 1(u)(i) (r) I-20

(s) (i) (ii) (iii) (iv) (t) I-21

(u) (i) (i) (ii) 1(u)(ii) I-22

(ii) (v) (i) (ii) (iii) (iv) (v) (w) I-23

(x) (y) (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (viii) I-24

(z) 2 (a) (b) (i) (ii) 17(b) (iii) 1(l) I-25

3 (a) 12 31 6 30 2013 2014 2015 2015 2016 74,416 81,144 108,078 51,443 76,561 66,550 129,236 199,267 82,424 77,908 1,094 5,857 13,376 3,546 3,115 3,627 12,508 2,845 3,337 142,060 219,864 333,229 140,258 160,921 5,976 12,764 7,495 3,922 5,555 148,036 232,628 340,724 144,180 166,476 10 12 31 6 30 2013 2014 2015 2015 2016 A 133,194 42,306 * * * B * * 50,944 30,268 40,703 * 10 24(a) (b) I-26

(i) 2013 12 31 142,060 5,976 148,036 (98,025) (3,038) (101,063) (8,858) (447) (9,305) 35,177 2,491 37,668 2014 12 31 219,864 12,764 232,628 (110,074) (7,732) (117,806) (32,105) (1,064) (33,169) 77,685 3,968 81,653 2015 12 31 333,229 7,495 340,724 (160,244) (4,727) (164,971) (46,801) (2,155) (48,956) 126,184 613 126,797 I-27

2015 6 30 140,258 3,922 144,180 (66,997) (2,186) (69,183) (23,195) (661) (23,856) 50,066 1,075 51,141 2016 6 30 160,921 5,555 166,476 (76,001) (3,914) (79,915) (23,954) (1,677) (25,631) 60,966 (36) 60,930 (ii) 12 31 6 30 2013 2014 2015 2015 2016 37,668 81,653 126,797 51,141 60,930 3,336 6,587 9,095 4,859 6,713 (6,067) (17,170) (28,200) (11,886) (15,877) (13,558) (21,056) (26,456) (11,875) (15,092) (1,857) (317) (112) (180) (51) (53) (20,275) 2,357 (753) 51,942 81,056 32,188 36,621 (iii) I-28