China Smartpay Group Holdings Limited 8325 67% 29 16 EGM-1 EGM-3 33 A18 48
i
.............................................................. 1........................................................ 12.......................................................... 57........................................ I-1.................................... II-1.................................... III-1................... IV-1................................ V-1....................... VI-1...................................... VII-1................................................. VIII-1................................................. EGM-1 ii
90% 67% 33% 33% 67% 1
90% 2
90% 64,000,000 7 80,000,000 3
169,200,000 30% 4
22.22% 468,000,000 5
90% 10 67% 78,800,000 67% 312,000,000 67% 6
Tian Li Tian Li 104,310,000 7
78,800,000 3 140,000,000 67% 8
571 90% 10% 0.01 10% 9
68,490,000 248,000,000 Tian Li Tian Li Holdings Limited 70% 30% Tian Li Tian Li 104,310,000 67% 10
67% 156,000,000 33% 11
China Smartpay Group Holdings Limited 8325 Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 188 38 15 67% 33% 90% 12
67% 90% (i) (ii) (iii) 78,800,000 (iv) 67% 169,200,000 33% 19.07 100% 19 (i) (ii)(iii) (iv) 13
67% (I) (i) (ii) (iii) (iv) (v) (i) (ii) 14
(3) 78,800,000 (i) (ii) (iii) 169,200,000 10 15
(i) 78,800,000 (ii) 169,200,000 (i) (ii) 16
(iii) (iv) (v) (vi) (i) (ii) 17
(vii) (viii) (iii) (iv) (vii) (viii) (i) (ii) 142,800,000 18
(i) (ii) (v) (vi) (II) (i) (ii) 5 (III) (i) (ii) (iii) 19
(IV) (i) (ii) 67% 33% 1 312,000,000 (i) 64,000,000 (ii) 78,800,000 20
(i) (ii) (iii) 142,800,000 67% 10 169,200,000 21
(V) (i) (ii) 78,800,000 50% (VI) (iii) (iv) 169,200,000 67% 22
50% (VII) (i) (ii) 67% 23
67% 312,000,000 169,200,000 10 10 169,200,000 (i) 67% (ii) (iii) (iv) 24
(v) (vi) (vii) (viii) (ix) (i) (ii) 25
(iii) (v) (vii) (i) (ii) (iv) (vi) (viii) (ix) 312,000,000 67% (i) (ii) 36 37 (iii) 26
(iv) (v) (i) 100,000,000 (ii) 1,454,000,000 1,097,000,000 67% 312,000,000 465,000,000 90% 27
37 38 (i) (ii) (iii) 90% 10% 28
33% 67% (i) 1.0% 1% 3% 15 5 (ii) 0.5% 1.0% 0.65% 1.50% 0.8% 1.25% (iii) (iv) (i)90%(ii) 10% 29
(i)(ii) (i) 1) 2) 3) 4) 100% 1) 2) 90% 10% 33% 1) 67% 2) 67% 90% 10% 1) 2) 67% 30
(ii) 1) 90% 10% 2) 3) 4) 100% 90% 10% 1) 2) 100% 1) 2) 90% 10% 31
67% 67% 67% 90% 90% 90% 90% 32
(1) (i) (ii)(iii) (2) (3) (4) (5) 100,000 33
100,000,000 1,900 11,000 (i)(ii)(iii)(iv) 34
50,000,000 50,000,000 35
1,900 20,000,000 36
20,000,000 46,000,000 37
(i) (ii) 5,000,000 10,000,000 100,000 19 (e-card) 300096 20 10,000,000 51% 49% 20 (i) (ii) 38
(iii) 10% 500,000,000 30% 5,000,000 750,000 15% 39
100 200,000,000 40
41
1. 2. 1,900 11,000 3. 42
19,739 27,155 30,631 21,252 (2,061) (2,381) (1,968) 1,575 (2,061) (2,381) (1,968) 1,519 422,378 574,093 530,018 783,117 98,480 98,040 98,259 99,844 12,278 395 451 1,162,223 480,145 43
90% 90% 90% 44
(i) (ii) (iii) (iv) 100% 33% 45
90% 90% 90% 90% 52 (i) 46
(ii) 90% 47
2011 (i) (ii) 90% 90% 90% 33% 90% 29.7% 48
33% 67% 67% 100% 49
22.22% POS POS 18,300,000 24,400,000 15% 100,000 2,000,000 90% 50
67% 51
(i) (ii) (iii) (iv) (v) (i) (ii) 52
(iii) (i) (1) (2) (3) 53
10 54
536,300,000 1,610,900,000 44,500,000 1,108,000,000 33% 19.07 100% 19 55
33 A18 48 56
9.9 56.9 7.7% 14.2% 62.3% 48.2%49.8% 1 1.9 8% 48% 1 200 2013 224,000 57
17.1 38.4% 27% 35% 269167 98 5542 13 7 6 (i) (ii) 58
A B 30 4,000 C D E 59
2011 100,000,000 90 10% 60
(i) (ii) (iii) 52 61
62
63
64
1. 31 80 29 80 32 78 3 27 (www.hkex.com.hk) (www.chinasmartpay.com/yjbg) (i) http://www.hkexnews.hk/listedco/listconews/gem/2012/0626/gln20120626047_c.pdf (ii) http://www.hkexnews.hk/listedco/listconews/gem/2013/0627/gln20130627052_c.pdf (iii) http://www.hkexnews.hk/listedco/listconews/gem/2014/0625/gln20140625002_c.pdf (iv) http://www.hkexnews.hk/listedco/listconews/gem/2014/1118/gln20141118024_c.pdf 2. 1,650,000 392,000 Oriental City Group (Thailand) Company Limited 9% 9% I-1
6,000,000 46,500,000 90% 70,000,000 88,000,000 8.57% 90% 90% 24,300,000 30,500,000 88,000,000 I-2
4,900,0006,170,000 3. 4. 67% 5. I-3
10,000,000 100% 22.22% POS POS I-4
(1) (2)(3) I-5
42nd Floor, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong 18 42 Tel: (852) 2909 5555 Fax: (852) 2810 0032 Email: info@mazars.hk Website: www.mazars.cn 90% 90%67% II-1
B 3.340 B B II-2
2410 188 38 3815 II-3
A. 4 292 7 12,278 (141) (1,571) 151 7 10,707 5 760 (183) (19) (1) (1) (8,115) (3,527) 16 (220) 6 (32) (12) (1) (1) (395) 9 (56) (32) (12) (1) (1) (451) (32) (12) (1) (1) (467) 16 (32) (12) (1) (1) (451) II-4
12 27,361 13 1,742 15 378,281 16 6,154 23 99,500 99,500 413,538 17 89 171 171 59,218 18 667,943 19 130 42 41 21,524 219 213 212 748,685 20 43 49 49 682,078 176 164 163 66,607 176 164 99,663 480,145 21 500 500 100,000 100,000 (324) (336) (337) 370,160 176 164 99,663 470,160 9,985 176 164 99,663 480,145 II-5
14 468,000 23 99,500 99,500 468,000 17 89 171 171 1,550 19 130 42 41 775 219 213 212 2,325 20 43 49 49 305 176 164 163 2,020 176 164 99,663 470,020 21 500 500 100,000 100,000 22 (324) (336) (337) 370,020 176 164 99,663 470,020 II-6
500 (292) 208 (32) (32) 500 (324) 176 (12) (12) 500 (336) 164 (1) (1) 99,500 99,500 100,000 (337) 99,663 II-7
100,000 (337) 99,663 (467) 16 (451) 22 370,964 370,964 23 9,969 9,969 100,000 370,964 (804) 9,985 480,145 500 (336) 164 (1) (1) 500 (337) 163 22 II-8
(32) (12) (1) (1) (395) 1,752 107 220 (10,016) 159 (82) (10,088) (6) 6 190,532 (190,911) 121 (88) (1) (1) (18,799) 10,016 (56) 121 (88) (1) (1) (8,839) (99,500) 23 (137,569) 23 (228,000) (73) 25,000 (99,500) (340,642) 99,500 22 370,964 99,500 370,964 121 (88) (1) (1) 21,483 9 130 42 42 41 19 130 42 41 41 21,524 II-9
B. 1. 17 6 706 14 16 2. II-10
(i) (ii) II-11
II-12
3 3 3 4 10 (i) (ii)(a) (b) II-13
II-14
II-15
II-16
(a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (vii) (a) (a)(i) (a) (b) (c) II-17
15 36 39 II-18
3. 1% 10% A 172 B 120 292 A 7 II-19
C 2,445 D 1,269 E 5,583 9,297 4. 292 7 95 2,217 9,881 85 292 7 12,278 5. 560 200 760 II-20
6. 118 13 2,057 33 6 194 151 19 2,251 141 * 107 * 1,752 1,564 * 7. 118 33 151 118 33 151 II-21
13 6 19 13 6 19 * # * # * * II-22
8. 1 1 5 1 1 5 7 322 48 370 1,000,000 II-23
9. 25% 25% 15% (32) (12) (1) (1) (395) 25% 25% 25% 25% 15% (8) (3) (59) 51 (82) 2 152 8 1 74 (110) 30 56 33 39 39 1,562 7 8 615 33 46 47 2,177 II-24
5 7 7 7 1 1 607 7 8 615 10. 11. 12. 24,899 565 3,007 287 282 29,040 72 1 73 (575) (223) (890) (34) (30) (1,752) 24,324 342 2,189 254 252 27,361 24,899 565 3,079 288 282 29,113 (575) (223) (890) (34) (30) (1,752) 24,324 342 2,189 254 252 27,361 II-25
24,324,000 70,000,000 27(b) 13. 1,849 (107) 1,742 1,849 (107) 1,742 14. 468,000 100,000,000 90% 70,000,000 27(b) II-26
10% 35,257 747,860 (683,273) 99,844 9,985 13,038 (12,882) 156 16 (7,109) 24,927 II-27
15. 23 378,281 378,281 378,281 378,281 90% 468,000,000 378,281,000 16. 6,154 II-28
20,000,000 40% 296 15,232 (143) 15,385 1,705 6,154 II-29
1 (550) (550) (220) (98) 1 17. 4,723 4 2,033 368 (a) 7,128 694 (b) 23,295 (c) 89 171 170 (d) 1 28,101 89 171 171 52,090 89 171 171 59,218 II-30
(c) 89 171 170 (e) 1,500 1 50 89 171 171 1,550 (a) 1 3060 6,834 102 192 7,128 6,838 102 62 126 290 7,128 II-31
(b) (c) 248 89 248 171 171 89 * 171 170 171 * II-32
(d) 21,460 1 6,641 1 28,101 (e) 18. (a) 602,943 (b) 65,000 667,943 (a) 0.35% 2.8% (b) 3.9% 4.0% II-33
19. 130 42 41 2,324 (a) 19,200 130 42 41 21,524 130 42 41 775 (a) 4.1% 5.3% II-34
20. 20,728 1,502 (a) 22,230 (b) 652,410 674,640 43 49 49 4,932 (c) 2,506 43 49 49 7,438 43 49 49 682,078 43 49 49 305 II-35
(a) 303060 22,230 22,230 (b) (c) 21. 500 500 500 100,000 99,500 500 500 100,000 100,000 II-36
22. (292) (292) (32) (32) (324) (324) (12) (12) (336) (336) (1) (1) (337) (337) (607) (467) 370,964 370,964 370,964 (944) 370,020 33% 370,964,000 II-37
23. 90% 468,000,000 99,500,000 99,500 140,500 228,000 468,000 29,040 1,849 6,374 2,931 477,032 25,000 48,959 (491,497) 99,688 (9,969) 378,281 468,000 2,931 (140,500) (137,569) II-38
(i) (ii) 12,278,000 156,000 21,252,000 912,000 24. 50 1,289 II-39
50 25. 26. 2,660 1,818 4,478 10,000,000 49% 51% II-40
27. (a) 5,000,000 750,000 15% (b) 90% 70,000,000 8.57% 90% 90% C. II-41
42nd Floor, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong 18 42 Tel: (852) 2909 5555 Fax: (852) 2810 0032 Email: info@mazars.hk Website: www.mazars.cn 90%67% III-1
B 3.340 B B III-2
2410 188 38 3815 III-3
A. 4 19,739 27,155 30,631 21,077 21,252 (6,491) (6,370) (9,432) (7,653) (2,989) 13,248 20,785 21,199 13,424 18,263 5 532 1,823 953 593 2,820 (15,225) (22,638) (20,028) (14,874) (14,267) (616) (1,666) (3,248) (2,861) (4,475) 14 (685) (844) (930) (766) 6 (2,061) (2,381) (1,968) (4,648) 1,575 9 (56) (2,061) (2,381) (1,968) (4,648) 1,519 III-4
12 1,243 33,234 29,866 27,361 13 2,451 2,193 1,935 1,742 14 9,715 8,871 6,154 26,977 30,671 45,142 40,672 35,257 15 10,000 16 9,274 52,208 43,901 59,168 17 321,357 466,709 431,724 667,943 18 61,076 10,034 3,721 20,749 391,707 528,951 489,346 747,860 19 323,898 476,053 431,759 683,273 67,809 52,898 57,587 64,587 98,480 98,040 98,259 99,844 98,480 98,040 98,259 99,844 20 100,000 100,000 100,000 100,000 (1,520) (1,960) (1,741) (156) 98,480 98,040 98,259 99,844 III-5
100,000 (542) (542) 99,458 (2,061) (2,061) (2,061) 1(b) 1,083 1,083 1,083 100,000 1,083 (2,603) (1,520) 98,480 (2,381) (2,381) (2,381) 1(b) 1,941 1,941 1,941 100,000 3,024 (4,984) (1,960) 98,040 (1,968) (1,968) (1,968) 1(b) 2,187 2,187 2,187 100,000 5,211 (6,952) (1,741) 98,259 III-6
100,000 5,211 (6,952) (1,741) 98,259 1,519 1,519 1,519 1(b) 66 66 66 100,000 5,277 (5,433) (156) 99,844 100,000 3,024 (4,984) (1,960) 98,040 (4,648) (4,648) (4,648) 1(b) 1,497 1,497 1,497 100,000 4,521 (9,632) (5,111) 94,889 B 1(b) III-7
(2,061) (2,381) (1,968) (4,648) 1,575 109 2,401 4,172 3,097 3,173 129 258 258 193 193 1(b) 1,083 1,941 2,187 1,497 66 685 844 929 766 (10,285) (12,127) (18,558) (10,828) (17,495) (35) (1,649) 171,022 (42,934) 8,307 5,492 (15,267) 68,244 152,155 (44,294) 5,151 251,514 (244,332) (145,352) 34,985 (5,367) (236,219) (16,091) (45,354) (14,102) (4,484) (13,343) 10,285 12,127 18,558 10,828 17,495 (56) (5,806) (33,227) 4,456 6,344 4,096 III-8
(1,338) (7,415) (1,132) (959) (668) (26,977) 363 3,600 (2,580) (10,400) (10,000) (10,000) 10,000 (30,895) (17,815) (10,769) (10,959) 12,932 (36,701) (51,042) (6,313) (4,615) 17,028 97,777 61,076 10,034 10,034 3,721 18 61,076 10,034 3,721 5,419 20,749 III-9
B. 1. (a) 17 6 706 14 (b) III-10
6,865 1,222 (2,482) (432) (782) (363) (192) (2,674) (2,368) (1,995) (1,497) (66) (2,010) (5,466) (2,731) (2,187) (1,497) (66) (1,083) (1,941) (2,187) (1,497) (66) 2. III-11
III-12
3 3 3 4 10 (i) (ii) (a) (b) III-13
III-14
III-15
III-16
III-17 (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (a) (b) (c)
3. 1% III-18
10% A 5,650 B 2,581 8,231 C 6,093 A 6,021 B 4,537 C 5,003 15,561 D 9,827 E 2,196 F 2,736 14,759 A 3,159 B 4,479 C 2,658 10,296 III-19
4. 2,372 9,755 4,740 4,222 292 7,447 6,957 7,556 6,009 4,351 9,753 10,304 17,829 10,385 16,524 167 139 506 461 85 19,739 27,155 30,631 21,077 21,252 5. 532 1,823 729 443 971 35 1,649 150 150 200 39 532 1,823 953 593 2,820 III-20
6. 3,178 8,160 5,321 4,199 4,991 527 1,267 501 375 419 3,705 9,427 5,822 4,574 5,410 15 20 * 129 258 258 193 193 1(b) 5,466 2,731 2,187 1,497 66 * 109 2,401 4,172 3,097 3,173 2,949 2,246 3,070 2,206 2,451 * 7. 732 38 770 732 38 770 III-21
840 43 883 840 43 883 501 45 546 501 45 546 653 35 688 653 35 688 III-22
376 33 409 376 33 409 8. 1 1 1 1 1 4 4 4 4 4 5 5 5 5 5 464 646 657 514 506 70 99 116 87 78 534 745 773 601 584 1,000,000 III-23
9. 25% 15% 15% (2,061) (2,381) (1,968) (4,648) 1,575 25% 15% 15% 15% 15% (515) (357) (295) (697) 236 311 502 477 379 154 (93) (304) (148) (112) (158) 23 183 420 274 (29) 16 10 77 (44) (234) 5 (6) (19) 56 III-24
1,096 903 1,010 1,523 635 1,854 1,561 1,731 2,757 2,571 1,523 5 542 542 249 93 93 93 1,219 1,219 635 1,854 1,561 10. 11. III-25
12. 14 14 1,336 2 1,338 (109) (109) 1,241 2 1,243 1,241 2 1,243 27,666 1,544 4,738 444 34,392 (922) (313) (1,118) (48) (2,401) 26,744 1,231 4,861 398 33,234 26,744 1,231 4,861 398 33,234 54 679 399 1,132 (1,383) (543) (2,092) (83) (71) (4,172) (328) (328) 25,361 742 3,448 315 29,866 25,361 742 3,448 315 29,866 367 1 300 668 (1,037) (400) (1,626) (62) (48) (3,173) 24,324 342 2,189 254 252 27,361 III-26
1,350 2 1,352 (109) (109) 1,241 2 1,243 27,666 1,544 6,088 446 35,744 (922) (313) (1,227) (48) (2,510) 26,744 1,231 4,861 398 33,234 27,666 1,598 6,767 446 36,477 (2,305) (856) (3,319) (131) (6,611) 25,361 742 3,448 315 29,866 27,666 1,598 7,134 447 300 37,145 (3,342) (1,256) (4,945) (193) (48) (9,784) 24,324 342 2,189 254 252 27,361 24,324,000 70,000,000 III-27
13. 2,580 (129) 2,451 2,451 (258) 2,193 2,193 (258) 1,935 1,935 (193) 1,742 2,580 (129) 2,451 2,580 (387) 2,193 2,580 (645) 1,935 2,580 (838) 1,742 III-28
14. 9,715 8,871 6,154 52% 40% 20,000,000 (a) (b) (a) (b) 12% 8% 3,600,000 2,400,000 III-29
17,923 16,835 15,232 911 394 296 (151) (170) (143) 18,683 17,059 15,385 14,612 873 1,705 9,715 8,871 6,154 308 908 362 1 (1,625) (2,532) (2,149) (1,674) (1,317) (1,624) (1,787) (1,673) (685) (844) (930) (766) (72) (82) (123) (98) 227 291 291 1 III-30
15. 5.2% 5.7% (a) (b) (c) 16. 111 8,683 2,342 4,723 445 2,282 239 4 3,168 2,038 2,033 43 133 243 368 (a) 599 14,266 4,862 7,128 700 694 694 (b) 5,600 24,790 34,588 23,295 (c) 3,075 12,452 3,757 28,051 8,675 37,942 39,039 52,040 9,274 52,208 43,901 59,168 III-31
(a) 130 60 1 576 13,711 4,292 6,834 1 3 23 537 103 102 3 18 467 192 599 14,266 4,862 7,128 463 4,456 1,940 6,838 1 123 9,621 2,428 102 1 3 13 189 146 62 3 348 126 136 9,810 2,922 290 599 14,266 4,862 7,128 (b) III-32
(c) 1,217 10,958 3,261 21,460 1,858 1,494 496 6,591 3,075 12,452 3,757 28,051 17. (a) 321,357 466,709 431,724 602,943 (b) 65,000 321,357 466,709 431,724 667,943 (a) 0.35% 2.8% (b) 30 3.9% 4.0% III-33
18. 1,076 5,034 3,721 1,549 60,000 5,000 (a) 19,200 61,076 10,034 3,721 20,749 (a) 30 4.1% 5.3% 19. 744 887 12,809 5,947 20,728 13 2,416 3,563 1,502 (a) 900 15,225 10,254 22,230 (b) 319,600 454,992 416,481 652,410 320,500 470,217 426,735 674,640 1,208 3,185 2,909 4,627 (c) 2,190 (c) 1,500 (c) 2,651 2,115 2,506 3,398 5,836 5,024 8,633 323,898 476,053 431,759 683,273 III-34
(a) 303060 900 14,895 8,331 22,230 330 928 995 900 15,225 10,254 22,230 (b) (c) 20. 100,000 100,000 100,000 100,000 III-35
21. 645 300 2,580 2,190 150 150 200 80 110 22. III-36
50 1,393 2,148 2,305 1,803 2,121 50 23. 24. 620 2,022 1,847 2,660 300 700 1,487 1,818 920 2,722 3,334 4,478 III-37
75 10,000,000 49% 51% 25. 5,000,000 750,000 15% C. III-38
90% 12,300,000 451,000 8,100,000 3,500,000 1,162,200,000 682,100,000 (i) 21,300,000 21,100,000 1% IV-1
13,400,000 18,300,000 1,600,000 4,600,000 1,600,000 (ii) 30,600,000 27,200,000 12.5% 20,800,000 21,200,000 2,000,000 2,400,000 (iii) 27,200,000 19,700,000 38.1% IV-2
13,200,000 20,800,000 2,400,000 2,100,000 (iv) 19,700,000 2,100,000 13,200,000 15,200,000 (v) 20,000,000 IV-3
90% (i) 323,900,000 476,100,000 431,800,000 683,300,000 (ii) 61,100,000 10,000,000 3,700,000 20,700,000 (i) 321,400,000 466,700,000 431,700,000 667,900,000 (ii) 1.21.11.11.1 1,200,000 11,000,000 3,300,000 21,500,000 IV-4
10,000,000 36 49% 4,900,000 4,900,000 90% IV-5
24,324,000 70,000,000 I-2 90% 70,000,000 I-2 51 99 77 86 1 1 4 IV-7 IV-6
151,000 19,000 0 2,251,000 3,700,000 9,400,000 5,800,000 5,400,000 IV-7
35.25% 62,000,000 159,830,00040,950,000 118,880,000 V-1
176% 137,830,000 22,000,000 14% 53,640,000 464% 38,190,000 1,460,000 500,000 960,000 9% 40,440,000 50 4.72 0.13 V-2
1,650,000 400,000 9% 0.07% 0.44% 263,820,000 139,330,000 7.044.44 110,900,000 47,140,000 485,590,000 134,450,000 2,460,000 19,099,000 1,000,000 7,758,000 V-3
6129 10 1140 20,000,000 25,000,000 22.22% 33% 90% 156,000,000 197,000,000 50,000,000 IV-5 IV-6 90% V-4
16% 35% B2BB2C C2C 43,000,000 V-5
O2O 23 15% MasterCard Incorporated MasterCard Incorporated MasterCard Incorporated V-6
22.22% POSPOS O2O O2O BIN BIN MasterCard Incorporated MasterCard Incorporated MasterCard BIN BIN V-7
148,470,000114,320,000 34,150,000 27,748,000,000 6,836,000,00045% 114,320,000 84,580,000 35% 34,150,000 23% 96%112,540,000 34,430,000 144% V-8
9,500,000 1,000,000 4,500,000 1,600,000 2,900,000 Oriental City Group (Thailand) Company Limited 9% 17,760,000 35 2.72 0.08 1,650,000 393,000 9% 0.21% 0.44% 139,330,000 15,630,0004.44 1.2047,140,000 23,010,000 120,000,000 1.03 119,700,000 50,000,000 69,700,000 V-9
1.46144,000,000 203,300,000 (i)(ii) 43,000,000 134,450,000 16,240,000 1,000,000 7,758,0008,355,000 65,172,000 V-10
2916 11 117 18,400,000 2,500,000 20,000,000 25,000,00022.22% 10,000,000 12,500,000 30% 20,000,00025,000,000 V-11
King Power 5,059,000,000 19,073,000,000 275% 272%84,580,000 27,220,000 (BVI) 30% (BVI) 70% 84,580,000 62,010,000 275% 15,250,000 42,100,000 276% 57,360,000 V-12
27,220,000 272% 32% 14,130,000 87% 2,880,000 200% 9% 5,070,000 2,320,000 500,000 85%0.08 0.54 1,650,000 434,000 9% 0.44% 1.29% 15,630,000 16,350,0001.20 2.7323,010,000 16,910,000 V-13
16,240,000 15,140,000 8,355,000 65,172,000700,000 5,460,000 16 11 9 6 1 7,600,000 (BVI) 30% 10,000,000 490,000 V-14
60% 910,000 42% 22,569,000 60% 73% V-15
15,254,000 6,558,000 75% 7,315,000 35% 32% 38% 7,545,000 5% 961,000 38% 9% 3,232,000 3% 0.54 0.56 1,375,000 345,000 9% V-16
1% 16,355,000 19,564,0002.73 3.8616,909,000 19,882,000 15,144,000 18,416,000 700,000 5,460,000300,000 2,340,000 11 11 5 51 3,100,000 V-17
490,000 225,000 V-18
A. 42nd Floor, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong 18 42 Tel: (852) 2909 5555 Fax: (852) 2810 0032 Email: info@mazars.hk Website: www.mazars.cn 67%90% VI-5 VI-17 VI-5 VI-17 VI-1
7.31 7 7 7.31(7) 3420 7.31 7 VI-2
VI-3
(a) (b) (c) 7.31(1) 188 38 3815 VI-4
B. 1. 67%90% (i) (ii) VI-5
7.31(1) VI-6
2. 1 2 3 4 5 5,467 34,502 6,305 46,274 2,197 2,197 24,842 24,842 197,524 7,760 393,432 (590,956) 7,760 988 477,012 (6,172) 471,828 228,821 521,471 393,432 (590,823) 552,901 190,134 74,674 (80,704) 184,104 6,479 842,276 848,755 110,895 27,142 (110,895) 27,142 307,508 944,092 (191,599) 1,060,001 39,568 860,100 201,833 1,500 1,103,001 4,116 4,116 43,684 860,100 201,833 1,500 1,107,117 263,824 83,992 (393,432) (1,500) (47,116) 492,645 605,463 (590,823) (1,500) 505,785 VI-7
1 2 3 4 5 459 1,576 2,035 395 395 854 1,576 2,430 491,791 605,463 (592,399) (1,500) 503,355 9,683 126,100 (126,100) 9,683 475,910 466,772 (466,772) (1,500) 474,410 485,593 592,872 (592,872) (1,500) 484,093 6,198 12,591 473 19,262 491,791 605,463 (592,399) (1,500) 503,355 VI-8
3. 1 2 2 6 7 148,475 38,512 186,987 (112,536) (11,859) (124,395) 35,939 26,653 62,592 128 1,198 1,326 (34,427) (1) (25,181) (2,700) (62,309) (2,901) (4,084) (6,985) (1,061) (1,061) (37) (37) (1,298) (1) (2,475) (2,700) (6,474) (6,403) (6,403) (7,701) (1) (2,475) (2,700) (12,877) (1,502) (1,502) (9,203) (1) (2,475) (2,700) (14,379) VI-9
1 2 2 6 7 (17,762) (1) (2,475) (2,700) 248 (22,690) 10,061 (248) 9,813 (7,701) (1) (2,475) (2,700) (12,877) (18,848) (1) (2,475) (2,700) 248 (23,776) 9,645 (248) 9,397 (9,203) (1) (2,475) (2,700) (14,379) VI-10
4. 1 2 2 6 8) (1,298) (1) (2,475) (2,700) (6,474) 1,097 5,245 6,342 324 324 2,750 2,750 1,061 1,061 (1,482) (1,482) 37 37 (128) (23,333) (23,461) (44) (44) 9,499 9,499 (3,141) 43,987 40,846 (13,580) 10,444 (3,136) (31,133) (55,691) (86,824) (40,129) (1) (17,732) (2,700) (60,562) (37) (37) 128 23,333 23,461 (5,391) (5,391) (45,429) (1) 5,601 (2,700) (42,529) VI-11
1 2 2 6 8) (1,093) (1,423) (2,516) 456 456 (12,573) (12,573) (1,894) (578,287) (580,181) (50,000) (125,101) 175,101 (52,987) (125,101) (13,540) (403,186) (594,814) 125,101 125,101 10,000 10,000 120,423 120,423 (6,599) (6,599) 123,824 125,101 248,925 VI-12
1 2 2 6 8) 25,408 (1) (7,939) (2,700) (403,186) (388,418) 23,009 53 12,617 (12,669) 23,010 (1,277) (1,277) 47,140 52 4,678 (2,700) (415,855) (366,685) VI-13
5. 1. 2. 1 = 1.2610 1 = 1.2573 3. 312,000,000393,432,000 67% (i) 64,000,000 80,704,000 (ii) 78,800,00099,367,000 (iii) 169,200,000213,361,000 80,704 110,895 201,833 312,728 393,432 VI-14
68,490,000 1.46 99,995,000 160,058,000201,833,000 4. 13 5,000,000 6,305,000 25% a 197,524 393,432 590,956 128,451 6,305 (1,576) 133,180 13,064 b 470,840 a. 156,000,000 197,524,000 33% 11 28 VI-15
b. 10 (i) (ii) 36 36 36 VI-16
5. 1,500,000 6. 2,700,000 7. 10% 8. (1) 578,287,000 12,669,000 590,956,000 4 (2) 175,101,000 9. 4 (i) 1.46144,000,000 204,707,000 (ii) 1.46104,310,000 148,245,000 10. VI-17
60.3% 60.3% 1. 2. VII-1
3. 3.1 269,0407.40% 15.1% 7% VII-2
60,000 50,000 40,000 30,000 20,000 10,000 0 3.2 2% 3% VII-3
% 4 3 2 1 0 2.8% 6.5% 1.2% 1.9% 4.6% 4.1% 2.5%2.5% VII-4
% 7 6 5 4 3 2 1 0 4. 4.1 (i) (ii) (iii) VII-5
POS 17.1 Maverick China Research 60 50 40 30 20 10 0 VII-6
Partners in Prepaid 350 300 250 200 150 100 50 0 100.1% 118.1% 66% 46.8% VII-7
20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 5. (i) (ii) VII-8
6. 7. 8. 8.1 VII-9
8.2 8.3 8.4 VII-10
VII-11
73% 1.33 2012-2013 100% 8083.HK Country Praise Enterprises Limited 100% 0.68 8083.HK VII-12
(600112.CH) 100% 2.87 VII-13
Z2002744000016) 288,650,000 893,167,715 POS 184,213,000 798 8,500 POS1900 11,000 POS Z2023111000017 VII-14
6,460,191 8083.HK 0.4 70% 0.68 50 VII-15
(8083.HK) (i) (ii) (iii) VII-16
8.4.1 931,009,883 582,831,088 893,167,715 1.33 0.68 2.87 8.4.2 100% 893,167,715 893,167,715 893,167,715 1.33 0.68 2.87 100% 1,191,172,639 606,750,303 2,562,918,629 VII-17
8.4 100% 1,191,172,639 606,750,303 2,562,918,629 100% 1,453,613,857 60.3% 877,000,000 8.4 9. VII-18
10. VII-19
11. VII-20
12. 13. 60.3% 877,000,000 188 38 15 CVA (IACVA) VII-21
1. 2. (i) XV XV7 8 352 5.46 5.67 1 174,500,000 2 174,500,000 16.83% 6,000,000 770,000 51,270,000 58,040,000 5.60% 3 4 5 2,000,000 3 2,000,000 0.19% 8,600,000 3 8,600,000 0.83% VIII-1
1 6,000,000 3 6,000,000 0.58% 1. 1,036,800,000 2. 174,500,000 Tian LiTian Li70% 30% Tian Li Tian Li 174,500,000 3. 4. 770,000 5. 51,270,000 Probest LimitedProbest XV (i)xv7 8 (ii)352 (iii) 5.46 5.67 XV 2 3 VIII-2
1 Tian Li 174,500,000 174,500,000 16.83% Probest 51,270,000 51,270,000 4.95% 68,490,000 68,490,000 6.61% 770,000 57,270,000 2 58,040,000 5.60% 1. 1,036,800,000 2. 57,270,000 XV23 336 10% VIII-3
3. 4. VIII-4
5. (a) Straum Investments Limited Original Fortune Group Limited Oriental City Group Thailand Limited 30 1.00 Oriental City Group Thailand Limited 30% 10,000,000 (b) 1.03 120,000,000 120,000,000 (c) (d) 3,600,000 12% (e) 50,000,000 (f) 20,000,000 22.22% 10,000,000 30% VIII-5
(g) Tian Li (a)1.46 144,000,000 (b)tian Li 1.46 144,000,000 144,000,000 Tian Li 144,000,000 (h) (i) (j) (k) (l) (m) (n) (o) (p) (q) (r) (s) (t) (u) (v) (w) (x) VIII-6
(y) (z) Tian Li (a) 104,310,000 1.46(b) Tian Li104,310,000 1.46 104,310,000 Tian Li 104,310,000 (aa) 68,490,000 1.46 (bb) (cc) (dd) (ee) (ff) (gg) (hh) 90% 70,000,000 90% (ii) 90% VIII-7
70,000,000 8.57% (jj) 90% (kk) (ll) (mm) (nn) (oo) (pp) (qq) (rr) (ss) 6. 5.28 5.29 1. 2. VIII-8
47 47 PE 65 (i) (ii) (iii) VIII-9
7. (a) (b) Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands (c) 188 38 15 (d) 33 A18 (e) (f) 8. 188 38 15 (a) (b) (c) (d) (e) (f) (g) (h) VIII-10
China Smartpay Group Holdings Limited 8325 2916 (a) A B 67% (i) (ii) * EGM-1
(iii) (iv) 78,800,000 (v) 169,200,000 (vi) 67% (b) EGM-2
Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 188 38 15 (1) (2) (3) 48 33 A18 EGM-3