China Dredging Environment Protection Holdings Limited 871 2015

2 3 5 6 13 20 22 23 25 26 27

Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands 1 168 200 36 19 Codan Trust Company (Cayman) Limited www.cdep.com.hk 2015 2

3 2015

571 2015 4

1. 2. 3. 4. 5 2015

395,900,00012.2% 133,300,0008.3% 72,600,000 66,000,000 63,100,000 15.1% 6,600,000 13,400,000 13.7% 68,600,000 5,000,000 (a) (b) 6,600,000 1.38171,120,000 236,000,000 186,500,000 216,000,000 170,700,000 20,000,000 15,800,000 2015 6

80% 10% 10%400,000,000 (i) (ii) (iii) (iv) 7 2015

395,900,000 450,700,00012.2% 220,200,000 103,500,000 8.4%19.9% 19.9% 33,200,000 100% 72,200,000 85,100,000 15.2% 305,400,000 262,600,000 14.0% 133,300,000145,300,000 8.3% 35.3% 37.9% 2015 8

29.9% 29.1% 28.9% 15.2% 32.2% 33.7% 25,700,000 19,600,000 6,600,000 3,400,000 6,300,00046.0% 10,000,000 38,300,000 27,000,000 10,100,000 9 2015

63,100,000 15.1%72,600,000 6,600,000 13,400,000 13.7% 0.07 2,194,000,000 1,934,900,000 212,700,000 274,900,0001.16 1.24 221,100,000 158,300,000 62,800,000 1,279,600,000 141,700,000 1,421,300,000 1,758,400,000 1,533,700,000 17.9% 18.2% 2015 10

83,800,000 (i) 24,000,000 24,000,000 11 2015

(ii) 196,200,000 46,000 320,000,000 652 630 30,000,000 27,400,000 2015 12

XVXV 7 8 352 1 335,301,000 32.66% 1 37,503,000 3.65% 2 372,804,000 36.31% 1. 335,301,000 37,503,000 2. 13 2015

1 200 100% 1 100% 39,315,800 2 200 100% 2 100% 39,315,800 1. 98.47% 1.53% 1.53% 2. XV XV 7 8 352 2015 14

336 XV 2 3336 335,301,000 32.66% 171,120,000 16.67% CITIC Capital China Access Fund Limited CITIC 1 90,000,000 8.77% (Note 2) 1 90,000,000 8.77% 2 51,336,000 5% 2 51,336,000 5% 2 51,336,000 5% 15 2015

1. CITIC 90,000,000CITIC CITIC Capital Investment Management (Cayman) Limited CITIC Capital Investment Management (Cayman) Limited CITIC Capital Asset Management Limited CITIC Capital Asset Management Limited 2. 5% 51,336,000 336 XV 2 3 2015 16

* 0 0 0 0 0 0 0 0 0 0 0 0 85,560,0008.3% 17 2015

2015 18

19 2015

22 48 34 34 34 2410 2015 20

34 21 2015

5 395,886 450,717 (262,572) (305,411) 133,314 145,306 6 19,641 25,712 7 6,590 (13,443) (3,356) (6,326) (18,323) (22,885) 8 (38,271) (28,226) 99,595 100,138 9 (27,008) (37,085) 10 72,587 63,053 68,577 54,742 4,010 8,311 72,587 63,053 11 0.07 0.07 0.07 0.06 2015 22

13 1,707,721 1,726,628 13 102,254 95,105 14 143,296 2,956 2,956 15 20,921 20,921 13 89,280 9,502 7,106 7,106 16 280,774 191,991 15,000 2,369,308 2,054,209 13 2,792 2,554 16 1,290,303 1,232,692 68,809 20,794 221,141 158,339 1,583,045 1,414,379 17 552,808 430,243 1,505 2,833 1,644 1,644 21 626 135,211 111,033 18 677,818 592,349 709 1,362 1,370,321 1,139,464 212,724 274,915 2,582,032 2,329,124 23 2015

19 85,110 71,592 1,954,060 1,712,540 2,039,170 1,784,132 154,793 150,783 2,193,963 1,934,915 86,533 89,333 16,895 17,753 18 28,057 39,058 33,843 32,939 20 213,292 198,461 20 9,449 14,423 21 2,242 388,069 394,209 2,582,032 2,329,124 2015 24

(i) (ii) 67,200 418,851 14,150 13,549 204,554 877,119 1,595,423 134,728 1,730,151 54,742 54,742 8,311 63,053 4,392 101,716 (9,923) 96,185 96,185 (4,227) 4,227 71,592 520,567 13,549 204,554 936,088 1,746,350 143,039 1,889,389 71,592 520,567 19,658 204,554 967,761 1,784,132 150,783 1,934,915 68,577 68,577 4,010 72,587 19 13,518 172,943 186,461 186,461 85,110 693,510 19,658 204,554 1,036,338 2,039,170 154,793 2,193,963 (i) 50% (ii) 25 2015

172,576 173,608 (151,497) (193,353) 76,245 70,023 97,324 50,278 (3,688) (3,912) 93,636 46,366 15 15,000 50,000 168 3,383 (2,993) (201,504) (109,597) (68,156) (19,322) 5,141 (8,693) (6,991) (80,790) (145) (14,526) (264,446) (174,579) 320,862 329,900 19 186,461 96,185 237 118,750 64,370 3,567 21,892 1,544 20,980 300 7,305 (246,394) (395,642) (118,750) (64,370) (4,895) (20,285) (2,070) (11,557) (3,481) (12,350) (22,282) (17,828) 233,612 18,837 62,802 (109,376) 158,339 312,183 221,141 202,807 2015 26

1. 34 2. 677,800,000 692,500,000 221,100,000 (i) (ii) (iii) 75,000,000 3. 27 2015

3. 4. 3 1,522,630,000 49,259,000 1,388,177,000 49,259,000 1,338,905,000 2015 28

4. 20 21 24 9,449,000 14,423,000 626,000 2,242,000 20 21 24 5. (i) (ii) (iii) (iv) 29 2015

5. 220,190 103,517 72,179 395,886 83,422 30,923 10,959 125,304 18,972 6,590 (15,037) (36,234) 99,595 203,065 129,310 85,148 33,194 450,717 71,750 37,593 24,614 3,027 136,984 25,465 (13,443) (22,052) (26,816) 100,138 3 2015 30

6. 5,517 7,003 168 3,383 7,708 9,864 2,189 5,189 4,059 273 19,641 25,712 5,517,000 7,003,000 7. 20 4,974 (1,129) 21 1,616 (12,314) 6,590 (13,443) 31 2015

8. 19,425 14,936 1,159 36 20 17,687 15,354 38,271 30,326 (2,100) 38,271 28,226 2,100,000 7.20% 9. 27,866 37,987 (858) (902) 27,008 37,085 (i) 25% (ii) 16.5% 2015 32

10. 50,158 48,392 (2,056) 358 114,905 147,711 11. 68,577 54,742 996,939 832,789 11,683 996,939 844,472 33 2015

12. 13. 31,251,000 8,693,00036,184,0006,991,000 70,000,000 14. 143,296,000 38,000,000 199,000,000 2015 34

15. 95% 111,271,000 5% 400,000 85%85% 252,968,000 15%20,921,000 (i) (ii) (iii) (iv) 10,000,000 70,000,000 100,000,000 6% (i) (ii) (iii) 16 35 2015

16. (i) (ii) 256,987 171,557 (iv) 3,983 5,630 15 14,804 14,804 5,000 280,774 191,991 (i) (ii) 1,155,768 1,101,026 (iii) 8,575 7,000 6 17,461 11,944 32,816 18,943 (iv) 4,750 6,042 69,035 81,846 1,898 5,891 1,290,303 1,232,692 1,571,077 1,424,683 (i) 55% 85% 15% 45% 2015 36

16. (i) 0 30 154,515 188,827 31 60 56,641 94,295 61 90 45,011 58,605 91 180 128,361 93,243 181 365 412,097 372,471 1 2 431,080 299,113 2 185,050 166,029 1,412,755 1,272,583 112,550,000 163,000,000 0 30 22,633 31 60 41,331 70,144 61 90 31,356 37,331 91 180 270,713 196,149 181 365 254,646 159,544 1 2 267,637 184,577 2 152,050 152,924 1,040,366 800,669 37 2015

16. (i) 108,103,000 120,103,000 51,680,000 40,000,000 49,259,00012,000,000 (ii) 7,708,000 9,864,000 (iii) 0 30 300 31 60 50 1,000 61 90 3,000 91 180 4,620 1,650 180 3,905 1,050 8,575 7,000 (iv) 7,129,000 10,471,000 4,750,000 6,042,0002,379,000 4,429,000 1,604,000 1,604,000 1,201,000 2015 38

17. 253,824 203,161 2,291 796 24,647 26,387 11,495 11,341 2,625 1,677 294,882 243,362 13,809 5,653 62,073 49,452 33,698 91,477 86,282 16,129 17,736 9,010 5,789 5,759 5,759 25,971 16,210 244,117 181,228 552,808 430,243 39 2015

17. 0 30 88,554 101,484 31 60 5,511 38,087 61 90 12,460 12,001 91 180 26,166 6,059 180 162,191 85,731 294,882 243,362 18. 320,862,000 329,900,000 246,394,000 395,642,000 3.55% 7.75% 3.79% 7.80% 2015 40

19. 0.10 10,000,000,000 1,000,000 800,000,000 80,000 67,200 (i) 55,600,000 5,560 4,392 855,600,000 85,560 71,592 (ii) 171,120,000 17,112 13,518 1,026,720,000 102,672 85,110 (i) 48,000,000 7,600,0002.192 2.176 (ii) 1.38 171,120,000 236,000,000186,500,000 20. CITIC Capital China Access Fund Limited CITIC 243,000,000191,970,000 3% 2.7 133.792% 41 2015

20. 16.9% 177,815 37,768 215,583 32,165 32,165 (23,345) (23,345) (5,760) (5,760) 204,220 14,423 218,643 8 17,687 17,687 (4,974) (4,974) (2,856) (2,856) 219,051 9,449 228,500 5,759 5,759 213,292 198,461 219,051 204,220 2015 42

20. 1.45 1.57 2.70 2.70 1.85 1.36 0.51% 0.29% 65.0% 53.8% 0.00% 0.00% 21. 35,000,000 0.01 0.10 2.70 300,000237,000 1,616,000 12,314,000 35,000,000 35,000,000 0.10 43 2015

21. 1.45 1.57 2.70 2.70 1.04 0.55 0.15% 0.02% 63.9% 51.8% 0.00% 0.00% 22. 3,056 3,301 196,151 24,000 24,000 320,000 400,000,000 320,000,00040,000,00040,000,000 2015 44

23. 773,742 918,638 25,618 24,545 96,382 97,659 58,844 70,844 83,809 20,794 1,038,395 1,132,480 58,844,000 70,844,000 50,389,000 60,717,000 50,389,000 60,717,000 249,136,000 255,968,000 24. 1 3 1 21 ) 3 45 2015

24. 3 9,449 14,423 3 626 2,242 30% 28,000,000 3,000,000 26,000,0007,000,000 4,000,00050,000 12,000,000300,000 10% 18,000,0007,000,000 26,000,0004,000,000 2,000,000200,000 12,000,000 800,000 2015 46

25. (i) 48,000 46,000 736,000 2,167,000 (ii) (a) (b) (c) 121,040,00095,623,000 257,952,000203,782,000 ) 20,000,000 20,000,000 (iii) 1,270 1,819 6 7 1,276 1,826 47 2015

26. 77,385 7,990 213,292 5% 5% 5% 1,644 9,674 2015 48