2 4 6 8 17 20 58 65 67 69 71 73 74

22 www.boyaa.com.hk 0434 1001 TCL E D3 9B-C 518000 Maples Fund Services (Cayman) Limited PO Box 1093, Boundary Hall, Cricket Square Grand Cayman KY1-1102 Cayman Islands 2

183 17 1712-1716 Maples Corporate Services Limited PO Box 309 Ugland House Grand Cayman KY1-1104 Cayman Islands 1 36 3 2015

主席報告書 打造百年品牌 聚焦用戶體驗 專注棋牌遊戲 主席 張偉 尊敬的各位股東 本人謹代表博雅互動國際有限公司 本公司 董事會 董事會 欣然提呈本公司及其附屬公司 本集團 截至二零一 五年十二月三十一日止年度的年報 二零一五年 我們在考驗中成長 本年我們受到網頁遊戲行業下行趨勢及國內電信運營商對移動支付渠道的管控和調整 的影響 我們年度的收益出現了一定幅度的下滑 但由於成功出售雷尚 北京 科技有限公司 雷尚 股權取得的一次性 收益 使我們的未經審計非國際財務報告準則經調整純利同比去年實現了明顯的增長 截至二零一五年十二月三十一日 止年度 我們錄得收益約人民幣813.5百萬元 較二零一四年減少了13.9% 錄得未經審計非國際財務報告準則經調整純 利約人民幣379.7百萬元 較二零一四年增加了24.0% 二零一五年 國內電信運營商對移動支付渠道的管控和調整給我們帶來了一些影響 但這更加速推動了我們對支付渠道 的改善步伐 年內我們加速對我們的支付渠道進行優化 採取了渠道核心發展策略 獲得了核心渠道最優質的扶持政 策 同時 我們也更加積極地探索和創建更為統一和集成的支付體系 並且在完善計費資源管理及計費效果監控等計費 運營策略方面進行了進一步的改善 搭建更完善和有效的渠道使用和管理體系 從而進一步增強支付渠道抗風險的能力 博 雅 互 動 國 際 有 限 公司 4

Facebook Google 43 17 5 2015

813,480 945,319 681,262 517,745 317,859 427,944 567,852 416,209 313,829 182,738 420,110 335,000 164,730 187,481 111,487 356,637 279,587 135,507 142,791 88,059 351,769 336,290 126,637 142,802 88,300 357,799 280,065 135,507 142,791 88,059 352,931 336,768 126,637 142,802 88,300 617,447 187,037 33,481 29,973 28,143 1,462,353 1,526,644 1,374,632 444,829 225,542 2,079,800 1,713,681 1,408,113 474,802 253,685 1,806,304 1,481,626 1,214,619 302,424 153,893 41,628 14,234 591 43,883 35,373 231,868 217,821 192,903 128,495 64,419 273,496 232,055 193,494 172,378 99,792 2,079,800 1,713,681 1,408,113 474,802 253,685 1,230,485 1,308,823 1,181,729 316,334 161,123 1,847,932 1,495,860 1,215,210 346,307 189,266 6

813.5 13.9% 379.7 24.0% 2.21.7 5.827.95.626.5 ARPPU 11.7% 50.3% ARPPU 57.4% 43 17 Facebook Google 8

ARPPU 9 2015

813.5 945.3 13.9% 479.5 535.8 10.5% 58.9% 56.7% 426.217.9% 349.7 43.0% 45.1% 377.52.1% 385.5 567.924.6% 427.9 52.6% 60.1% 178.717.9% 146.7 18.9%18.0% 10

117.419.1% 139.9 12.4%17.2% 236.4 54.9 34.92.1 7.5 6.2 55.414.5% 63.5 335.0 420.1 16.5%15.1% Function Technology Co., Ltd. Boyaa Holdings Limited 11 2015

280.127.8% 357.8 6.4 5.1 11.6 10.5 4.0 12.1 65.5 (50.4%) (49.6%) 2.29% 1,065.8 1,029.3 (86.7%) (7.8%)(5.5%) 12

837.9 309.5 (a) 127.6 (b) 99.5 (c) 82.4 365.1 370.0 6.0%6.2% 4.244.5 482.4 22.1 88 13 2015

22.054.7 5.6 13.0 16.4 41.7 5 Function Technology Co., Ltd. 14

110% 3.612% A 16% 126,720,0002,385,093 1.00 0.83% 20,564,000 233,501,000 212,937,000 100% 9.36% 80,145,000 9.36% 4,600,000 49,693,000 15 2015

812605 69 47 91 175.0 26.0% 25,563,72147,383,431 333 42,915,072 The Core Admin Boyaa RSU Limited 16

39 3888 34 17 2015

46 ZX707 55 464 China BCT Pharmacy Group, Inc. TCL1070 31 18

34 Boyaa Interactive (Thailand) Limited 32 33 000063763 700 35 268 XNET 19 2015

* % 1,749 2,157 (18.9) 76 160 (52.5) 1,673 1,997 (16.2) ** 5,639 5,828 (3.2) 838 1,580 (47.0) 4,801 4,248 13.0 ** 26,491 27,909 (5.1) 5,753 8,084 (28.8) 20,738 19,825 4.6 ARPPU 351.6 407.6 (13.7) 89.7 57.0 57.4 ARPPU 55.8 48.3 15.5 15.8 17.9 (11.7) ARPPU 81.4 10.8 653.7 9.3 7.2 29.2 * % ** 20

(a) 85% (b) (c) (d) (e) (f) (g) 21 2015

22

812605 69 47 91 Facebook App Store QQ 51.comGoogle play 23 2015

416 67 144 19 6 24

20 9 12,000 13,000 6 25 2015

10% 73,755,912 46,157,788 6.03% 30%12 1% 30 1.00 26

(i) (ii) (iii) 158 26,360,000 3.108 25,300,000 3.31% 20 1.0% 27 2015

(i) (ii) The Core Admin Boyaa Option Limited 263,7210.03% 25223 20 28

1.5% (i) (ii) (iii) (c) 29 2015

(i) (ii) The Core Admin Boyaa RSU Limited Boyaa Global Limited Emily Technology Limited Comsenz Holdings Limited (i) 30

(ii) (iii) (a) (b) 81 4,955,000 90,298,503 11.8%47,383,431 6.19%317 20 31 2015

(4) (1) 2,112,676 0.15 985,911 4.56 1,126,765 3,380,282 2,253,516 1,126,766 5,633,803 2,171,357 3,462,446 11,126,761 5,410,784 5,715,977 937,518 0.05 937,518 5.41 7,500,000 1,800,000 5,700,000 8,437,518 2,737,518 5,700,000 329 5,370,157 0.05 4,933,743 6.00 316,182 120,232 197,500 0.10 126,220 6.24 6,031 65,249 209,655 0.15 91,545 6.32 39,870 78,240 26,360,000 3.108 (2) 1,060,000 25,300,000 17,536,302 4,071,994 2,125,106 11,339,202 317,027 56,970 101,470 158,587 415,401 125,171 165,258 124,972 39,433,117 4,645,679 8,996,768 25,790,670 4,955,000 (3) 685,000 4,270,000 63,479,159 31,315,000 14,051,322 13,495,685 67,247,152 6,307,675 0.05 5,871,261 5.91 316,182 120,232 197,500 0.10 126,220 6.24 6,031 65,249 209,655 0.15 91,545 6.32 39,870 78,240 2,112,676 0.15 985,911 4.56 1,126,765 26,360,000 3.108 (2) 1,060,000 25,300,000 25,036,302 5,871,994 2,125,106 17,039,202 317,027 56,970 101,470 158,587 415,401 125,171 165,258 124,972 3,380,282 2,253,516 1,126,766 45,066,920 6,817,036 12,459,214 25,790,670 4,955,000 (3) 685,000 4,270,000 83,043,438 31,315,000 22,199,624 19,211,662 72,947,152 32

(1) (2) 26,360,0002.95 26,360,000 2.95 26,360,000 3.108 (3) 4,955,000 6.08 (4) 7,074,937 3,626,645.34 467,803.45 (a) 1.00 (i) 12 25% (ii) 24 25% (iii) 2524 50% 33 2015

(b) (i) 12 25% (ii) 18 12.5% (iii) 24 12.5% (iv) 252450% (c) (b) (i) (ii) (iii) (iv) 25% 12 12.5% 18 12.5% 24 50%25 24 34

(i) (ii) (iii) (iv) 25% 12 12.5% 18 12.5% 24 50% 25 24 (i) (ii) (iii) (iv) (v) 25% 12 25% 24 12.5% 30 12.5% 36 25%37 12 35 2015

16.18 / XV 352 (a) (1) (4) (2) 246,237,474 (L) 32.19% (3) 36,500,000 (L) 4.77% 36

(1) L (2) Chunlei Trust Zhang Family Trust Chunlei Investment Limited Chunlei Investment Boyaa Global Limited Emily Technology LimitedZhang Family Trust Boyaa Global Limited Emily Technology Limited176,572,474 69,665,000 (3) Visioncode Trust Dai Family Trust Visioncode Holdings LimitedComsenz Holdings Limited Dai Family Trust Comsenz Holdings Limited 36,500,000 (4) 765,067,248 (b) 10% 9,800,000 98% XV352 37 2015

336 (1) (4) Cantrust (Far East) Limited (2) 282,737,474 (L) 36.96% Rustem Limited (2) 282,737,474 (L) 36.96% Chunlei Investment (2) 246,237,474 (L) 32.19% Boyaa Global Limited (2) 176,572,474 (L) 23.08% Emily Technology Limited (2)(5) 69,665,000 (L) 9.11% (3) 103,721,665 (L) 13.56% The Core Admin Boyaa RSU 90,298,503 (L) 11.80% Limited (3)(5) (1) L (2) Zhang Family Trust Cantrust (Far East) Limited Rustem Limited Cantrust (Far East) Limited Chunlei Investment Chunlei Investment Boyaa Global Limited Emily Technology Limited Zhang Family Trust Cantrust (Far East) Limited Chunlei Investment Boyaa Global Limited Emily Technology Limited (3) The Core Admin Boyaa RSU Limited The Core Admin Boyaa RSU Limited 90,907,666 (4) 765,067,248 (5) 336 336 38

37.7% Alipay 9.3% 4Alipay4 5% 30% 39 2015

24 25% 547,519,000 593,053,000 40

(i)12% 5 (ii) 14.7% 3 9.36% 4.32% 100% 9.36% 80,145,000 Boyaa Global Limited Emily Technology Limited 41 2015

177,014,0000.00005 5.35947.0837.9 309.5 (a) 127.6 (b) 99.5 (c) 82.4 365.1 14A 100% 9.36% 80,145,000 42

9.36% 4,600,000 61,325,000 14A.07(1) 40% 11.02% 14A.13(3) 14A.20 14A.259.36% 43 2015

(a)(b) (c) (d) (e) (f) 14A.07(1) 98% 14A.07(4) 14A.07(1) 50% (i) (ii) boyaa.com.hk 5 44

12 342.1 1,646.6 100% 98% 2% Boyaa Holdings Limited 100% 100% (1) (2) (3) 45 2015

(4) (5) (6) (a) (i) (ii)(iii) (iv) (v) (vi) (vii) (viii) (ix)(x) (xi) (xii) (i) (ii) (iii)(iv) 46

30 (b) Boyaa Holdings LimitedBVI (i) (ii)(iii)(iv) (v) (vi) (vii) (viii) (i) 30 (ii) 47 2015

BVI (i) (ii) (iii) (iv) (v) (vi) (c) 48

(i) (ii) (iii) (iv) (v) 1 (vi) (vii) (viii) (ix) (i) 30 (ii) 49 2015

(d) (i) (ii) (e) 50

30 (f) 8,000,000 8,000,000 8,000,000 (i) (ii) (iii)(iv) (v) 51 2015

14A31 i. (a) (b) 52

ii. (i) (ii) (iii) (iv) (v) (vi) iii. (i) (ii) 53 2015

i. ii. iii.. iv. 54

v. 15% 15% 15% 27 15% 15% 15%27 15% vi. 55 2015

vii. (i)a (ii) (iii) (i) A (ii) (iii) (i) (ii) (iii) 56

3000 740 14A.56 57 2015

A.2.1 17 18 (a) 3 (b) 58

3.7 37 3.13 3.29 15 3.28 8.17 11 44 2015 59 2015

11 11 11 5 4 4 4 4 11 11 11 11 11 11 420 60

4 4 4 4 4 4 13 1 1 1 1 1 1 61 2015

B.1.2(c)(i) 1 1 1 1 1 1 7 62

65 66 63 2015

(www.boyaa.com.hk) 1 36 (www.boyaa.com.hk) 18317 1712-1716 (www.boyaa.com.hk) 64

() 67 144 65 2015

66

6 28,164 15,176 7 5,473 19,626 10 18,829 21,839 11 280,484 63,975 12 7,029 1,685 15 259,857 22,085 14 17,611 42,651 617,447 187,037 13 77,858 94,312 14 30,664 33,001 15 222,561 370,000 16 65,468 17 1,065,802 1,029,331 1,462,353 1,526,644 2,079,800 1,713,681 67 2015

18 248 245 18 590,113 632,329 18 (18) (19) 19 155,266 137,045 1,060,695 702,896 1,806,304 1,472,496 9,130 1,806,304 1,481,626 12 41,628 14,234 21 95,760 115,169 22 22,774 24,238 113,334 78,414 231,868 217,821 273,496 232,055 2,079,800 1,713,681 74 144 67 144 68

5 813,480 945,319 23 (385,536) (377,467) 427,944 567,852 23 (146,741) (178,682) 23 (139,869) (117,398) 25 236,402 54,877 377,736 326,649 26 41,543 8,518 26 (6,647) (6,389) 26 34,896 2,129 10 7,478 6,222 420,110 335,000 27 (63,473) (55,413) 356,637 279,587 (13,671) 52,182 (258) 9,061 4,521 (4,868) 56,703 351,769 336,290 69 2015

357,799 280,065 (1,162) (478) 356,637 279,587 352,931 336,768 (1,162) (478) 351,769 336,290 28 50.81 42.07 28 49.25 38.07 74 144 70

239 738,070 (33) 53,512 422,831 1,214,619 1,214,619 280,065 280,065 (478) 279,587 52,182 52,182 52,182 4,521 4,521 4,521 56,703 280,065 336,768 (478) 336,290 19 26,590 26,590 26,590 18 6 7,288 7,294 7,294 20 (14) 14 10 240 240 240 18 (587) (587) (587) (112,428) (112,428) (112,428) 6 (105,741) 14 26,830 (78,891) (78,891) 9,608 9,608 6 (105,741) 14 26,830 (78,891) 9,608 (69,283) 245 632,329 (19) 137,045 702,896 1,472,496 9,130 1,481,626 71 2015

245 632,329 (19) 137,045 702,896 1,472,496 9,130 1,481,626 357,799 357,799 (1,162) 356,637 (13,671) (13,671) (13,671) (258) (258) (258) 9,061 9,061 9,061 (4,868) 357,799 352,931 (1,162) 351,769 19 23,089 23,089 23,089 18 3 2,907 2,910 2,910 20 (1) 1 29 (45,122) (45,122) (45,122) 3 (42,216) 1 23,089 (19,123) (19,123) 34 (7,968) (7,968) 3 (42,216) 1 23,089 (19,123) (7,968) (27,091) 248 590,113 (18) 155,266 1,060,695 1,806,304 1,806,304 74 144 72

30 163,232 265,434 (91) (30,427) 163,141 235,007 33 19 (4,764) (16,104) (20,489) (270) (1,277) (4,283,661) (169,883) 11 (1,000) (2,608) (1,360,000) (65,468) 20,000 (20,000) 10 (4,600) (8,200) 34 4,666 3,842,340 258,274 370,000 1,213,000 1,927 30 34 17 10 800 10 28 1,894 41,481 39,454 8,450 (90,741) (65,199) 18 (587) 29 (45,122) (112,428) 3,016 7,188 (42,106) (105,827) 30,294 63,981 1,029,331 965,566 6,177 (216) 1,065,802 1,029,331 74 144 73 2015

1. PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands 2. 2.1 4 74

2. 2.1 2.1.1 (a) (b) 11 3 1028 1028 27 75 2015

2. 2.1 2.1.1 (b) 5 719 34 1 1 1515 (1)(2) (3) (4) (5) 15 15 18 11 13 15 18 31 76

2. 2.1 2.1.1 (b) 939 9 9 39 9 9 39 77 2015

2. 2.1 2.1.1 (b) 1616 16 16 17 (c) 622 622 9 2.2 2.2.1 (a) 78

2. 2.2 2.2.1 (a) ; 79 2015

2. 2.2 2.2.1 (b) 39 80

2. 2.2 2.2.1 (c) (d) 2.2.2 2.3 20% 50% 81 2015

2. 2.3 2.4 82

2. 2.5 (a) (b) (c) 83 2015

2. 2.6 20 4 3 4 2.8 84

2. 2.7 (a) (b) (1) (2) (3) (4) (5)(6) (c) 10 (d) 85 2015

2. 2.8 2.9 2.9.1 (a) 12 (b) 12 (c) 12 86

2. 2.9 2.9.2 87 2015

2. 2.10 (a) 88

2. 2.10 (b) 2.11 2.12 2.13 89 2015

2. 2.14 2.15 (a) (b) 90

2. 2.15 (b) (c) 91 2015

2. 2.16 (a) (b) 2.17 (a) 92

2. 2.17 (a) (b) 93 2015

2. 2.18 FacebookApp Store Google Play 94

2. 2.18 2.19 2.20 95 2015

2. 2.21 2.22 2.23 ( ) 96

3. 3.1 (a) (i) 5% 1,561,000 1,531,000 5% 2,358,000 6,074,000 (ii) 97 2015

3. 3.1 (a) (iii) 5% 20,752,000 990,000 5% 11,927,000 2,739,000 (b) 98

3. 3.1 (c) ( 34,748 34,748 ( 54,993 54,993 99 2015

3. 3.2 3.3 100

3. 3.3 482,418 482,418 229,791 50,693 280,484 229,791 533,111 762,902 22,085 22,085 2,650 61,325 63,975 2,650 83,410 86,060 (a) (b) 101 2015

3. 3.3 (c) 22,085 61,325 83,410 4,283,661 1,000 4,284,661 (3,842,340) (3,842,340) 17,310 17,310 1,702 1,702 (11,632) (11,632) 482,418 50,693 533,111 17,310 17,310 107,000 107,000 169,883 169,883 (258,274) (258,274) 3,476 3,476 61,325 61,325 22,085 61,325 83,410 3,476 3,476 11 15 102

4. 4.1 (a) 2.18 (b) 23,089,000 26,590,000 20 103 2015

4. 4.1 (c) 11 100 2,960,000 4.2 (a) 104

5. 333,941 409,544 479,539 535,775 813,480 945,319 349,746 426,153 463,734 519,166 813,480 945,319 10% 61,626 97,128 8,451 2,164 70,077 99,292 105 2015

6. 8,555 2,610 6,704 17,869 (3,420) (1,003) (2,642) (7,065) 5,135 1,607 4,062 10,804 5,135 1,607 4,062 10,804 14 14 5,751 1,029 2,836 9,616 (47) (47) (2,574) (352) (2,285) (5,211) 8,279 2,284 4,613 15,176 13,978 3,639 9,541 27,158 (5,699) (1,355) (4,928) (11,982) 8,279 2,284 4,613 15,176 8,279 2,284 4,613 15,176 33 181 181 11,324 6,656 22 2,295 20,297 34 (55) (55) (73) (73) (134) (4,288) (592) (2,348) (7,362) 11,190 10,700 1,714 4,560 28,164 11,324 20,415 3,661 11,836 47,236 (134) (9,715) (1,947) (7,276) (19,072) 11,190 10,700 1,714 4,560 28,164 2,054 1,167 5,169 3,901 139 143 7,362 5,211 106

7. 1,324 1,324 (292) (292) 1,032 1,032 1,032 1,032 1,860 16,223 18,083 1,277 1,277 (464) (32) (270) (766) 1,845 1,828 15,953 19,626 2,601 1,860 16,223 20,684 (756) (32) (270) (1,058) 1,845 1,828 15,953 19,626 1,845 1,828 15,953 19,626 33 4,823 4,823 270 270 34 (1,752) (15,276) (17,028) (581) (76) (677) (884) (2,218) 1,534 3,939 5,473 2,871 4,823 7,694 (1,337) (884) (2,221) 1,534 3,939 5,473 2,180,000 735,00015,000 15,000 23,000 16,000 107 2015

8. 111,005 111,005 482,418 482,418 280,484 280,484 65,468 65,468 1,065,802 1,065,802 1,242,275 482,418 280,484 2,005,177 122,115 122,115 22,085 22,085 63,975 63,975 370,000 370,000 1,029,331 1,029,331 1,521,446 22,085 63,975 1,607,506 34,748 54,993 108

9. (%) (%) (%) Boyaa Holdings Limited 1 100% 100% 10,000 100% 10,000,000 100% 10,000,000 100% Boyaa Interactive (Thailand) Limited 8,000,000 97.96% 2.04% * () 100% () 500,000 30,000,000 100% 109 2015

9. (%) (%) (%) 10,000,000 100% Function Technology Co., Ltd. 100% 100% 6,248,000 100% 8,100,000 100% * 110

10. 21,839 7,977 34 3,922 (a) (b) 6,600 8,200 (c) 1,407 (a) (1,853) (d) (20,564) 7,478 6,222 240 (800) 18,829 21,839 (a) 30% 3,000,000 1,000,000 2,028,000 20% 1,853,000175,000 (b) 12% 3,600,000 111 2015

10. (c) 1,000,000 2%15% 14.7% 49,000 10,000,000 12.5%20% 17.5% 1,358,000 (d) A 16%126,720,000 2,385,093 0.83% 1.00 20,564,000 233,501,000 212,937,000 112

10. (e) 24% IPTV 14.7% 12% 10% 12% IPTV 17.5% 18,829 21,839 7,478 6,222 7,478 6,222 113 2015

11. 63,975 10(d) 233,501 1,000 2,608 (16,101) 61,380 44 (13) (1,935) 280,484 63,975 229,791 2,650 50,693 61,325 280,484 63,975 10 228,921,000 9.36% 49,693,000 61,325,000 23.8% 3% 15% 15% 114

12. 12 7,029 1,685 12 (41,339) (4,584) 12 (289) (9,650) (41,628) (14,234) (34,599) (12,549) (12,549) 3,792 33 (275) (4,521) 27 (28,462) (2,622) 34 4,257 2,430 (9,198) (34,599) (12,549) 115 2015

12. 4,249 134 4,383 (2,847) 149 (2,698) 1,402 134 149 1,685 28 (134) 4,358 1,092 5,344 1,430 4,358 1,241 7,029 591 591 4,521 4,521 9,198 9,198 (76) (76) 4,445 9,198 591 14,234 33 275 275 34 (4,257) (4,257) (2,430) (2,430) (239) 34,045 33,806 224 40,813 591 41,628 116

12. 700,401,000 526,944,000 13. 77,858 95,204 (892) 77,858 94,312 (a) 30 120 0 60 51,724 67,306 60 90 12,687 14,832 90 180 6,139 10,705 180 7,308 2,361 77,858 95,204 117 2015

13. (b) 32,172,000 29,103,000 0 60 21,766 21,507 60 90 1,852 2,750 90 8,554 4,846 32,172 29,103 (c) 25,964 44,996 23,888 25,849 9,752 2,121 7,565 4,296 3,335 4,511 3,212 5,740 2,853 6,087 1,289 712 77,858 94,312 118

14. (a) 6,680 30,873 (b) 10,931 11,778 17,611 42,651 (b) 10,027 7,581 5,150 2,982 4,196 9,110 2,748 3,407 1,175 330 1,159 68 31 1,000 329 4,129 1,488 197 4,880 3,709 30,664 33,001 48,275 75,652 (a) (b) 10,931,000 11,778,0001 10 4.35% 6.15% 4,473,00026 119 2015

15. (a) 163,221 96,636 9,937 12,148 259,857 22,085 (b) 222,561 482,418 22,085 (a) (b) (c) (d) 120

16. 33,000 32,468 65,468 2.29% 17. 117,062 994,331 948,740 35,000 1,065,802 1,029,331 4.90% 3.50%) 923,752 954,052 46,051 19,040 83,371 48,819 12,628 7,420 1,065,802 1,029,331 121 2015

18. 2,000,000,0000.00005 0.00005 2,000,000,000 765,067,000757,992,000 20(d)90,298,503105,423,190 737,559 37 239 738,070 (33) (90) (587) (a) 20,523 1 6 7,288 20(d) (14) 14 (112,428) 757,992 38 245 632,329 (19) (a) 7,075 3 2,907 20(d) (1) 1 29 (45,122) 765,067 38 248 590,113 (18) (a) 7,074,937 20,523,187 2,910,000 The Core Admin Boyaa Option Limited 106,000 122

19. ( ) 20 2,000 (8,103) 21,000 56,481 (17,866) 53,512 26,590 26,590 240 240 52,182 52,182 4,521 4,521 2,000 (3,582) 21,000 83,071 34,556 137,045 2,000 (3,582) 21,000 83,071 34,556 137,045 23,089 23,089 (13,671) (13,671) (258) (258) 9,061 9,061 2,000 5,479 21,000 106,160 20,627 155,266 (a) 10% 50% 25% 10% 50% 123 2015

20. (a) (i) 26,360,000 12 25% 24 25% 25 482.083% 3.108 35,932,000 3.108 2.95 49.29% 2% 124

20. (a) (ii) 8,827,506 29,527,781 26,360,000 (7,074,937) (20,523,187) (2,548,848) (177,088) 25,563,721 8,827,506 25,563,721167,315 7,074,937 0.07 6.11 0.05 0.388 120,232 6,307,675 0.10 0.775 65,249 197,500 0.15 1.163 78,240 209,655 0.15 1.163 2,112,676 3.108 3.108 25,300,000 25,563,721 8,827,506 125 2015

20. (b) 4,955,000 12 25% 24 25% 30 12.5% 36 12.5%37 482.083% 5.61 74,215,932 79,654,565 4,955,000 (16,662,814) (4,124,633) (15,124,687) (1,314,000) 47,383,431 74,215,932 34,223,281 44,748,853 5.47 126

20. (c) 80% 85% (d) 15,124,687(b) 90,298,503 The Core Admin Boyaa RSU Limited 105,423,190 4,599,115(b) 46,062,853 1,000 14,000 21. 727 670 44,967 45,189 25,640 31,274 19,887 12,946 9,769 33 5,000 3,099 2,718 2,500 3,381 3,162 95,760 115,169 127 2015

21. 30 90 0 30 420 448 31 60 39 90 268 222 727 670 22. 23. 307,268 311,391 104,894 152,620 24 151,951 110,601 23,089 26,590 23,645 17,458 10,893 10,860 10,195 7,766 9,468 7,173 7,000 7,099 6 7,362 5,211 7 2,218 766 14,163 16,012 672,146 673,547 128

24. (a) 132,818 93,390 16,548 15,852 23,089 26,590 2,585 1,359 175,040 137,191 14% (b) 38 1,935 1,765 128 780 55 52 1,144 1,961 3,262 4,558 129 2015

24. 1,000,000 6 5 1,000,001 1,500,000 1 1 1,500,001 2,000,000 1 2,000,001 2,500,000 (c) 2 2 3 3 1,215 1,239 105 326 29 34 1,098 1,834 21 15 2,468 3,448 3 1,000,000 2 1,000,001 1,500,000 1 2 1,500,001 2,000,000 1 2,000,001 2,500,000 130

25. 10 212,937 17,310 3,476 4,197 44,541 (3,988) (1,929) 2,282 8,733 34 1,707 10 1,407 250 10 175 (39) (30) 164 86 236,402 54,877 26. 40,545 8,518 998 41,543 8,518 14 (4,473) (2,174) (6,389) (6,647) (6,389) 34,896 2,129 131 2015

27. 35,011 52,791 12 28,462 2,622 63,473 55,413 (a) (b) 16.5% (c) 25% 15% 15% 15% 15% 15% 15% 150% 132

27. (d) 10% 10% 5% 420,110 335,000 (7,478) (6,222) 412,632 328,778 25%25% 103,158 82,195 (19,669) (10,145) (23,908) (19,126) 6,183 4,345 4,086 (427) (5,950) (1,856) 63,473 55,413 133 2015

28. (a) 357,799 280,065 704,147 665,739 50.81 42.07 (b) 357,799 280,065 704,147 665,739 20,232 50,501 2,155 19,362 726,534 735,602 49.25 38.07 134

29. 0.059 0.075 57,254,00045,122,000 0.062 59,012,49846,838,000 135 2015

30. 420,110 335,000 6 7,362 5,211 7 2,218 766 25 39 30 24 23,089 26,590 10 (212,937) 25 (17,310) (3,476) 25 (4,197) (44,541) 10 (175) 10 (1,407) 34 (1,707) (250) 10 (7,478) (6,222) 26 (40,545) (8,518) (6,177) 216 160,635 305,056 16,497 (34,936) 1,780 (15,856) (14,216) 26,134 (1,464) (14,964) 163,232 265,434 136

30. 6 73 47 25 (39) (30) 34 17 31. (a) 3,745 614 1,000 4.35% 137 2015

31. (b) 1,000 2,292 98 32. (a) 11,332 138

32. (b) 8,957 9,508 11,432 14,698 20,389 24,206 33. Function Technology Co., Ltd. 5,000,000 5,000 139 2015

33. 19 143 116 181 4,823 (7) (275) 5,000 48,710,000 26,767,000 814,448,000 352,826,000 34. 31% 6,078,00020% 6,078 (1,412) 4,666 140

34. 1,412 100 2,308 55 17,028 (385) (4,257) 16,261 49% 7,968 6,078 20% 3,922 10,000 51% (8,293) 1,707 35. 141 2015

36. 106,168 83,079 869 2,649 107,037 85,728 515,147 493,902 4,655 2,276 33,000 31,610 97,825 584,412 594,003 691,449 679,731 248 245 590,113 632,329 (18) (19) (a)) 121,789 64,949 (a)) (24,635) (21,465) 687,497 676,039 3,914 3,685 38 7 3,952 3,692 3,952 3,692 691,449 679,731 142

36. (a) 20 (3,358) 56,481 (17,866) (21,041) (424) 26,590 55 3,047 (311) 83,071 (17,811) (21,465) (311) 83,071 (17,811) (21,465) (3,170) 23,089 110 (258) 33,899 33,588 106,160 (17,959) (24,635) 143 2015

37. (a) (i) 1,410 118 11 1,539 (ii) (iii) 673 6 863 1,542 (iv) (v) 162 162 (vi) 242 242 (vii) 201 201 (i) 1,396 468 11 1,875 (ii) (iii) 1,396 234 11 3,317 4,958 (iv) (v) 159 159 (vi) 237 237 (vii) 198 198 (i) (ii) (iii) (iv) (v) (vi) (vii) 144