2 4 6 8 13 17 27 77 78 79 80 82 83 85 86

03888 33 100085 13 1309A Clifton House 75 Fort Street P.O.Box 1350 GT George Town Grant Cayman KY1-1108 Cayman Islands 2014 2

Appleby Trust (Cayman) Ltd. Clifton House 75 Fort Street P.O.Box 1350 GT George Town Grand Cayman KY1-1108 Cayman Islands 183 17 1712 1716 10 14 (86) 10 82325515 (86) 10 82335757 ir@kingsoft.com www.kingsoft.com 1 22 3

640,917 689,519 851,402 1,095,913 1,252,753 207,276 134,305 286,931 694,389 1,674,060 123,204 196,684 272,828 382,967 423,320 971,397 1,020,508 1,411,161 2,173,269 3,350,133 (130,998) (147,812) (186,939) (297,104) (589,655) 840,399 872,696 1,224,222 1,876,165 2,760,478 (271,046) (303,848) (385,409) (596,491) (956,097) (129,216) (125,873) (234,115) (382,848) (797,416) (111,143) (127,498) (147,954) (192,245) (297,412) (42,119) (17,266) (48,472) (61,387) (201,922) 31,528 44,051 28,609 45,949 35,818 (38,203) (10,747) (22,971) (7,263) (29,873) 280,200 331,515 413,910 681,880 513,576 118,974 (1,973) 16,010 37,097 299,748 33,162 65,130 97,973 129,462 238,900 (721) (3,461) (8,702) (24,466) (75,944) (6,360) (1,945) 9,532 4,827 (7,657) 14,433 (4,070) (930) (3,748) (6,868) 439,688 385,196 527,793 825,052 961,755 (65,155) (50,162) (61,359) (71,178) (95,188) 374,533 335,034 466,434 753,874 866,567 372,480 324,729 432,589 670,746 768,783 2,053 10,305 33,845 83,128 97,784 374,533 335,034 466,434 753,874 866,567 376,000 92,241 102,132 109,387 119,438 0.34 0.29 0.38 0.58 0.66 0.32 0.28 0.37 0.55 0.63 2014 4

1,656,157 1,953,770 2,416,259 4,481,188 6,983,699 85,000 19,000 19,588 19,978 200,621 2,444,813 3,014,519 3,641,269 5,804,333 10,381,604 1,934,061 2,213,120 2,674,932 3,830,691 6,116,544 391,336 451,768 555,946 938,124 952,264 390,305 (616,353) (1,063,120) (44,019) (3,367,589) 464 179,199 9,943 1,121,716 2,950,177 782,105 14,614 (497,231) 2,015,821 534,852 5

481210 63% 37% Kingsoft Cloud Holdings Limited 258 TB ALL IN Cloud 54%3,350.1 715.5 4%21% 141% 217.498%635% 37%11%395138% 69% App Annie Limited Google Play 14%MMO 3705.3 54%3 WPSWPS 1%290.7WPS WPSWPS 8262WPS 2014 6

WPS WPSWPSWPS WPS85.6 96%WPS 65.5 Xiaomi Corporation 258TB 61TB MobPartner S.A.S. 33 WPS WPS WPS WPS ALL IN Cloud 7

) 661,002 617,717 572,374 599,384 632,171 614,263 616,285 631,098 ) 2,717,443 2,374,699 2,255,404 1,972,027 1,869,433 1,791,194 2,002,414 1,768,190 ) 39 41 43 48 49 48 43 47 395.4 340.7 284.3 222.5 166.2 120.3 80.0 45.8 69% 65% 67% 63% 53% 1,089.1 862.2 662.2 502.1 346.6 2014 8

1,252,753 1,095,913 1,674,060 694,389 423,320 382,967 3,350,133 2,173,269 (589,655) (297,104) 2,760,478 1,876,165 (956,097) (596,491) (797,416) (382,848) (297,412) (192,245) (201,922) (61,387) 35,818 45,949 (29,873) (7,263) 513,576 681,880 299,748 37,097 238,900 129,462 (75,944) (24,466) (7,657) 4,827 (6,868) (3,748) 961,755 825,052 (95,188) (71,178) 866,567 753,874 768,783 670,746 97,784 83,128 866,567 753,874 0.66 0.58 0.63 0.55 9

2014 10 3,350.1 54%37%50% 13% PC 1,252.8 14% 3 1,674.1 141% PC PC 423.3 11%i) ii)wps WPS WPS WPS 589.7 98% 2,760.5 47%82% 956.1 60% 797.4 108%

11 297.4 55% 201.9 229% 715.5 4% 21% 299.7 708% 238.9 85% 95.2 34%10% 768.8 15% 875.4 22% 26% 3,193.93,809.7 67% 41% 34% 3,539.0 2,792.3 20.0 15.8

834.1135.1 3,209.7 324.5 233.6 952.3938.1 2014 12

54 CMCM XNET VNET (ARD) (ATC) (DS) (IEEE) (ACM) IEEE ACM 200 400 (Technical University of Denmark) (Palo Alto) 50 CMCM 20 1011 12 Australian Business Lawyers 438 1886 631 2868 1733 881 3833 13

2014 14 39 45 YY CMCM 50 WPS 1.0

41 700 JD.com 54 CITIC Capital Partners Ltd. Rokid Corporation Ltd. B2B Goodbaby Children Products Group GoodbabyGoodbaby AMF Bowling Inc. International Distillers China Ltd. (University of Lancaster) Charles Stuart University 59 25 15

CEO & CIO 600 UCWeb YY NGP NGP AMD AMD 3Com DECAST 40 Ctrip.com International, Ltd Ctrip.comCTRP XNET Ctrip.com Ctrip.com Morgan Stanley Asia Limited Citigroup Global Markets Asia Limited 0144 37 3721 3721360 42 Founder Information System Engineering Company (CFA) 2014 16

17 14 A.6.7 C.1.2 A.6.7 C.1.2 (1) (2) (3) (4) (5) 10

2014 18 3.10A

19 3.29 15

A.1.3 14 5/5 3/3 5/5 3/3 5/5 3/3 5/5 2/3 5/5 2/3 5/5 0/3 2/2 0/2 3/3 0/1 5/5 2/3 5/5 2/3 2014 20

21 3.21

4/4 2/2 2/2 4/4 2014 22

23 9 0/0 2/2 2/2 2/2 2/2 3.13

0/0 1/1 1/1 1/1 9.14 6.03 6.37 3.06 15.51 9.09 COSO (the Committee of Sponsoring Organizations of the Treadway Commission) 2014 24

25 COSO www.kingsoft.com

2014 26 www.kingsoft.com 64 13 1309A 33 100085 13 1309A 33 100085

4 0.12 0.13 0.12151 139 1,184,842,493 18317 1712 1716 27

768.8 668.4 39(b) 0.6 3.7 2 5,296 4,163 1,288.0 735.2 37 9 7 38 King Venture Holdings Limited King Venture King Venture 90 31,939,676 E King Venture King Venture King Venture39,087,125 A18,250,268 B 172,012,179 2014 28

374,533 335,034 466,434 753,874 866,567 2,444,813 3,014,519 3,641,269 5,804,333 10,381,604 510,752 801,399 966,337 1,973,642 4,265,060 31 15 49 5% 36 29

Kingsoft Japan Inc. Kingsoft Jingcai Online Game Holdings Limited Kingsoft JingcaiKingsoft Jingcai Kingsoft Jingcai Kingsoft Jingcai 37 37 Kingsoft Jingcai 53,400,000710,000 56,176,131 37 Kingsoft Jingcai 1 Kingsoft Jingcai Kingsoft Jingcai Kingsoft Jingcai Kingsoft Jingcai 2 20% Kingsoft Jingcai 2014 30

31 Kingsoft Jingcai 3 10% 35,410,00018% 15% 6,373,800 13% 1,000 10% 123,250,000 28,500,000 94,750,000 Kingsoft Jingcai 10% 10% 64,497,718 (i) (ii) 2,837 4 1% 0.1% 5 1% (a) 0.1%(b) 5 1% (a) 0.1%(b) 5 Kingsoft Jingcai 1% (a) 0.1% (b) 5 1% (a) 0.1%(b) 5 1% (a) 0.1%(b) 5

2014 32 Kingsoft Jingcai 5 (1) (2) (3) Kingsoft Jingcai Kingsoft Jingcai 6 1 Kingsoft Jingcai 7 4.80 (i) (ii) (iii) A1 Kingsoft Jingcai Kingsoft Jingcai Kingsoft Jingcai A1 Kingsoft Jingcai A1 A1 A1 8

10,000 70,000 x = x + + 500,500 500,500 0 * 0.0005 60,300 60,300 0 0.0353 84,500 31,260 53,240 0.2118 7,125,300 1,850,800 5,274,500 ** 0.2400 10,000 10,000 ** 0.2400 194,000 166,000 28,000 ** 0.4616 7,974,600 2,608,860 5,365,740 * ** 7,500,000 1,000,000 6,500,000 2.89 3,000,000 600,000 2,400,000 3.28 10,500,000 1,600,000 8,900,000 33

4,168,000 10% 37 13,244,380 14,945,000 100,000,000 37 2014 34

Kingsoft Office Software Holdings Limited KSO KSO KSO KSO KSOKSO KSOKSO KSOKSO KSO KSO 54,000,000 14,750,000 600,000 1,250,000 KSO 37 KC KC KC KC KC 48,000,000 KC KC 37 Kingsoft Jingcai KJ Kingsoft Jingcai Kingsoft Jingcai KJ Kingsoft JingcaiKJ KJ Kingsoft Jingcai 500,000 KJKJ KJ Kingsoft Jingcai KJ KJ KJ37 122,545,665 A 37 35

108 112 3.13 1316 2014 36

XV (a)xv 7 8 (b)352 (c) 1 174,818,191 14.75 142,714,003 12.05 317,532,1942 26.80) 108,032,5663 9.12 2,600,000 0.22 11,266,044 0.95 409,307 0.03 1. 1,184,842,493 2. 317,532,194,174,818,191Color Link Management Limited100% 142,714,003 3. Topclick Holdings Limited Kau Management Limited Kau Management Limited 37

1 2 3 14,285,714 4.94 540,160 0.19 1,200 0.00 1. 2. A288,988,560 3. 56.42% 4.94% 2014 38

XV 23 336 5% 1 Color Link Management 174,818,191 14.75 Limited2 149,082,572 12.58 3 Credit Suisse Trust 108,032,566 9.12 Limited4 Kau Management 108,032,566 9.12 Limited4 Topclick Holdings 108,032,566 9.12 Limited4 81,605,320 63,630,980 6.89 5.37 1. 1,184,842,493 2. Color Link Management Limited XVColor Link Management Limited 3. TCH Saffron Limited XV Naspers Limited TCH Saffron Limited 4. Topclick Holdings Limited Kau Management Limited Kau Management Limited 23 5% 25% 3,802,000 57.2 XV 39

3,802,000 15.20 14.90 57,217,800 1,356,000,000 1,327 16.9363 80,064,713 40,032 16.574116.9363 13.5225.27% 3.00% 1,000,000 15,000 1,327(1) 591 (2) 736 2,327,000,000 2,277 43.89 53,018,910 42.95 43.89 31.35 40.00% 2014 40

41 1.25% 1,000,000 6,250 2,277(1) 315 (2) 94 (3) 100 100 (i) (ii) (a) (b) 6 = V/N V 50,000,000 N(i) (ii) A0.0742 26,948,000A161,688,000 AA 0.001 A 500 = (i) (ii)

= 32% 9% 19% 6% 5% 1. 571,039 20 19,428,961 5 28.26% 14A.07(4) 0.1%5% Westhouse Kingsoft Entertainment Xiaomi Ventures Kingsoft Entertainment Software Holdings Limited Kingsoft Entertainment Xiaomi Ventures Limited Xiaomi Ventures WestGame Holdings Limited WestGame WestGame 5Kingsoft Entertainment10,000,000 20Xiaomi Ventures 40,000,000 Xiaomi Ventures Kingsoft Entertainment WestGame4.7059% 76.4706% 18.8235% 14AXiaomi Ventures Kingsoft Entertainment Xiaomi Ventures 2014 42

0.1%5% Cheetah Technology Corporation Limited Cheetah Technology 614,040,000 46,482,967 Kingsoft Japan Inc. 7,224 20% 51% Cheetah Technology 51% 14A.07(5)Cheetah Technology Cheetah Technology 0.1%5% 10.90 (ii) 2.68 (iii) 0.27 0.13 14A.07(5) 0.1%5% (i) 43

Xiaomi Ventures (i) 10,000,000(ii) 20,000,000 (iii)xiaomi Ventures 20,000,000 14A.07(5) 5% Xiaomi Ventures 14AXiaomi Ventures Xiaomi Ventures Xiaomi Ventures Xiaomi Ventures 5% 14A.325% TCH Copper Limited TCH Copper Limited TCH TCH 20,000,000 14ATCH 5% 22.2379% 30 50.5028% 2014 44

45 14A.07(4) 0.1%5% A0.0742 26,948,000A161,688,000 A 14A 0.1%5%14A 0.1%5% 14A (i)0.49 40 39.51 16%(ii) 10 4% 20% 14A 0.1%5% 14A

VNG Kingsoft Entertainment Software Corporation Limited KES VNG Corporation VNG VNG KESVNG 1,859,251 KES VNG VNG826,334 VGN 1,032,917 VNG 14AVNG 0.1%5% 14A 500 1.1 (a) (b) 6% 6% = KSC Partner Holdings Limited 139,500,000 14A.16 (i) (ii)(iii) 2014 46

5%14A 0.1%5% 14A 5%25%14 5% 14A 100 200 14A 0.1%5% 14A 47

2014 48 2. 50% 99% 1%) (i) (ii) (i) (ii) (iii) (i) (ii) (iii) (iv) (i) (ii) (iii) (iv) (v) (i) 1,200,000 300,000

49 (ii) (iii) (iv) (v) (v) (i) 100,000 (ii) (iii)

2014 50 (iv) 1% (v) 14A I (i) 8,000,000 (ii) 60,000,000 88.235%

51 (iii) (iv) (v) (vi) (vii) 14A II (i) 26 26 26 26 26

2014 52 26 13,957,896 20.5263% (ii) 26 68,000,000 (iii) (iv) (v) (vi) 68,000,000 68,000,000 68,000,000 (vii) (1) (2) (3) (4)(5)

53 (viii) 68,000,000 (ix) (x) (viii) (xi) (xii) 14A III (i) (ii) 9,185,966 13.5088%

2014 54 (iii) 1) 2)3)4) 1)2)3) 4) (iv) 68,000,000 (v) (vi) (vii) (iv) (i) (ii)

55 (iii) (iv) (v) (vi) (vii) VIE (i) (ii) 14A

2014 56 (i) 700,000 6,500,000 (ii) (iii) (iv) (v) (vi)

57 (vii) VIE (i) (ii) 14A (i) 10,000,000 (ii) (iii)

2014 58 (iv) (v) (vi) (i) (v) (vii) VIE (i) (ii) 14A

59 I (i) 99,0001,000 (ii) (iii) (iv) (v) (vi)

(vii) (viii) 100,000 100,000 (ix) 99,000 1,000 (x) (xi) 19 21 (1) (1) 2014 60

61 (xii) 100% (xiii) 100% 14A II (i) 18 18,18 (ii) 3 1)2)3) (iii) (iv)

2014 62 (ix) (1) (1) (v) (i) 10,000,000 (ii) (iii)

63 (iv) (v) (vi) 14A

2014 64 (i) (ii) (i) 3,000,000 (ii) (iii)

65 (iv) (v) (vi) (i) (v) (vii) VIE (i) (ii)

2014 66 (i) 10,000,000 (ii) (iii) (iv) (v) (vi) (i) (v) (vii)

67 VIE (i) (ii) (i) 14A (i) 1%680,000 (ii) 680,000 1% (iii),1) 2)3) 1) 2)3)4) (iv) 68,000,000

2014 68 (v) (vi) (vii) (iv) (i) 19.4946% 179,180 0.009% 1,000 (ii) 179,180 19.4946% 1,000 0.0090% (iii) 1) 2) 3) 1) 2)3)

69 (iv) 179,180 (v) (vi) (vii) 3. (i)

(ii) 14A.41 14A.07(5) 5 0.98 6.5 3 1 i) ii) iii) iv) PC 14A.07(5) 2014 70

44 24.48 9.4 1.79 3.5 1.74 9 3.51 42 4.91 49 11.5 (i) (ii) (iii) (i) (ii) 5.340 (i) (ii) 71

(i) (ii) (iii)(iv) 95 60.79 (i) 80 56.93 (ii) 15 3.86 23 5.21 15 2.92 4 3.09 15 11.69 Apoletto Limited 161,688,000 20.76% 1 1 14A.16 2014 72

73 (i) 0.21 (ii) 0.63 (iii) 0.27 (iv) 0.06 (v) 0.09 (vi) 2,100,000 3% 2,100,000 0.39 (vii) 0.14

(viii) (ix) (x) (xi) 0.20 2.00 0.86 1.40 (xii) 0.76 (xiii) 13 4.2% 13 0.55 (xiv) 100 6% 56.94 0.53 (i) (ii) 2014 74

75 100 105 100 73.99 YY 14A 0.1 0.08

A.6.7 C1.2 (i) (ii) (iii) (iv) 3000 740 14A.38 44 44 14 B Celestial Power Limited IDG IDG79,873,87267,199,728 B 28.6024.06 B0.001 B 41 212 2014 76

78208 77

5 3,350,133 2,173,269 (589,655) (297,104) 2,760,478 1,876,165 (956,097) (596,491) (797,416) (382,848) (297,412) (192,245) 37 (201,922) (61,387) 5 35,818 45,949 (29,873) (7,263) 6 299,748 37,097 8 238,900 129,462 8 (75,944) (24,466) 19 (7,657) 4,827 20 (6,868) (3,748) 7 961,755 825,052 11 (95,188) (71,178) 866,567 753,874 12 768,783 670,746 97,784 83,128 866,567 753,874 14 0.66 0.58 0.63 0.55 13 2014 78

866,567 753,874 (234,439) 20,927 (3,465) 6,545 (7,099) (23,483) (688) (239,146) (2,556) 627,421 751,318 12 538,769 669,418 88,652 81,900 627,421 751,318 79

15 583,637 385,067 16 281,066 42,260 17 267,288 53,994 18 197,425 60,104 19 118,153 20 30,718 34,852 21 566,672 56,723 22 10,063 27,699 23 13,555 15,976 35 77,988 52,406 40,246 24 122,524 2,309,335 729,081 25 6,945 3,528 26 411,137 185,161 27 397,808 144,966 44 117,411 142,285 21 56,913 55,780 22 78,378 28 19,978 19,588 28 6,983,699 4,481,188 8,072,269 5,032,496 24 42,756 8,072,269 5,075,252 29 79,324 32,463 30 931,437 498,964 31 15,778 15,724 32 310,983 202,105 44 1,020 56,806 39,338 1,395,348 788,594 6,676,921 4,286,658 8,986,256 5,015,739 2014 80

8,986,256 5,015,739 30 22,272 7,401 32 13,535 31,533 35 41,583 30,545 33 2,792,322 1,037,587 34 77,982 2,869,712 1,185,048 6,116,544 3,830,691 36 4,730 4,718 36 99,769 259,665 36 (83,964) (53,890) 39(a) 185,513 173,228 231,360 166,756 39(a) 1,192,967 500,055 (211,898) 12,596 33 74,505 8,500 34 10,015 (94,797) (89,277) 3,043,752 2,278,468 13 119,438 109,387 4,561,375 3,380,221 1,555,169 450,470 6,116,544 3,830,691 81

36 36 36 39(a) 39(a) 33 34 4,690 347,965 (82,127) 156,462 160,833 275,739 (75,353) 1,624,488 102,132 2,514,829 160,103 2,674,932 670,746 670,746 83,128 753,874 12,596 12,596 8,331 20,927 (13,924) (13,924) (9,559) (23,483) 12,596 (13,924) 670,746 669,418 81,900 751,318 631 (102,132) (101,501) (101,501) (20,460) (20,460) 44,300 44,300 15,235 59,535 16,766 (16,766) 28 20,456 (10,140) 10,344 10,344 28,237 (28,237) 3,000 3,000 33 8,500 8,500 8,500 10,015 10,015 6,185 16,200 13 (109,387) 109,387 224,316 224,316 204,507 428,823 4,718 259,665 (53,890) 173,228 166,756 500,055 12,596 8,500 10,015 (89,277) 2,278,468 109,387 3,380,221 450,470 3,830,691 36 36 36 39(a) 39(a) 33 34 4,718 259,665 (53,890) 173,228 166,756 500,055 12,596 8,500 10,015 (89,277) 2,278,468 109,387 3,380,221 450,470 3,830,691 768,783 768,783 97,784 866,567 (224,494) (224,494) (6,865) (231,359) (4,832) (4,832) (2,267) (7,099) (688) (688) (688) (224,494) (5,520) 768,783 538,769 88,652 627,421 (1,336) (109,387) (110,723) (110,723) (45,605) (45,605) 107,496 107,496 95,287 202,783 12 11,844 (4,701) 7,155 7,155 15,089 (38,191) 23,102 33 66,005 66,005 66,005 (10,015) (10,015) 71,952 61,937 (45,163) (45,163) (45,163) (50,966) (50,966) (50,966) 12,285 (12,285) 8,786 8,786 (8,786) 13 (119,438) 119,438 47,821 47,821 71,576 71,576 669,810 669,810 783,802 1,453,612 4,730 99,769 (83,964) 185,513 231,360 1,192,967 (211,898) 74,505 (94,797) 3,043,752 119,438 4,561,375 1,555,169 6,116,544 2014 82

961,755 825,052 7 181 1,679 7 87,504 64,963 7 9,187 7 3,194 941 7 73,488 32,968 8 75,944 24,466 (238,900) (129,462) 6 6,401 10,355 6 (47,452) 201,922 60,961 7 7 962 7 19,751 14,484 7 (13,400) 19 7,657 (4,827) 20 6,868 3,748 7 (5,619) (24) 6 8,664 6 472 6 (116,845) 6 (1,968) 6 (9,892) 6 (193,632) 6 7,052 (3,600) 903,191 841,814 (218,758) (53,345) (115,497) (52,566) (962) (3,964) (3,424) 12,516 (9,855) 46,797 9,374 92,462 35,302 270,893 123,692 61,656 71,009 91,358 80,539 (103,941) (55,238) 952,264 938,124 83

144,071 63,931 3,463 (237,281) (82,980) (153,398) (7,826) 18 (9,367) 16 (242,000) 28 (1,986,215) 32,911 (61,547) (6,100) 40 (201,478) (55,785) (104,400) (6,000) (2,910) (35,682) (774,304) (30,728) 9,510 41 79,058 (8,103) (2,765) (8,940) (6,000) 42 200,958 16,669 12,544 21,620 20,026 7,440 (3,367,589) (44,019) 33 1,805,872 1,055,529 34 87,567 484,928 34 (12,362) 141,024 3,000 (60,987) 7,155 10,344 13 (143,605) (101,302) (45,605) (20,460) 1,347,477 (45,163) (575,286) 184,315 (43,629) (6,919) 2,950,177 1,121,716 534,852 2,015,821 2,677,248 696,499 (18,166) (35,072) 3,193,934 2,677,248 28 1,026,446 559,028 28 2,167,488 2,118,220 3,193,934 2,677,248 2014 84

38 482,347 394,518 15 94 20 30,600 28,701 24 112,669 625,710 423,219 27 52,801 5,070 38 1,174,391 658,691 28,349 27,659 28 19,978 19,588 28 1,892,264 682,545 3,167,783 1,393,553 24 42,756 3,167,783 1,436,309 30 24,478 19,040 31 15,778 15,724 18,246 38 286,958 151,608 345,460 186,372 2,822,323 1,249,937 3,448,033 1,673,156 33 2,792,322 1,037,587 2,792,322 1,037,587 655,711 635,569 36 4,730 4,718 36 99,769 259,665 36 (83,964) (53,890) 39(b) 137,224 127,668 33 74,505 8,500 39(b) (145,151) (149,381) 39(b) 449,160 328,902 13 119,438 109,387 655,711 635,569 85

1. Clifton House, 75 Fort Street, George Town, Grand Cayman, Cayman Islands 33 2.1 622 11 76 879 32 2.4 2014 86

2.1 (i)(ii) (iii)(i)(ii) (iii) 37 Kingsoft Internet Software Holdings Limited KIS Holdings KIS 37 KIS KIS Kingsoft Office Software Holdings Limited KOS Holdings KOS KOS Holdings KOS 37 KOS KOSKOS Kingsoft Cloud Holdings Limited KC KC37 KCKC KC 87

2.1 Kingsoft Jingcai Online Game Holdings Limited JC Holdings JC JC Holdings JC 37 JC JC JC JC 2.2 10 12 27 32 39 21 2 3 1 1 13 1 1 2014 88

2.3 9 4 10 2 28 11 2 10 2 12 28 1 2 14 5 15 3 16 38 16 41 2 2 19 1 27 2 1 1 2 1 2 3 4 5 622 9 39 9 9 9 89

2.3 102810 28 11 3 11 15 15 15 1515 16381638 2.2 8 8 2014 90

2.4 (a) (b) (c) 5 20% 5 91

2.4 39 39 2014 92

2.4 93

2.4 (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) 2014 94

2.4 50 33% 19% 18% 95

2.4 1-10 1-4 1-5 2014 96

2.4 97

2.4 39 2014 98

2.4 (a)(b) 99

2.4 (a)(b) 2014 100

2.4 101

2.4 39 2014 102

2.4 (i) (ii) 103

2.4 2014 104

2.4 (a) (b) (c) 105

2.4 (c) (d) (e) 2014 106

2.4 (f) (g) (h) (i) (j) 107

2.4 37 2014 108

2.4 3. 109

3. (a) 2,440,715,000 1,507,601,000 2,327,509,000 1,710,917,000 835,568,000 452,901,000 (a) 10,063,000 21,796,00022 72,076,000 6,302,0005,903,000 22 2014 110

3. (b) 4,147,000 17,761,000 (c) 417,758,000 222,886,00035 (d) 267,288,000 53,994,00017 (e) 8,664,000 623,585,000 112,503,00021 (f) 111

3. (g) (h) (i) (j) JC Holdings WH Holdings KOS Holdings JC Holdings 563,615,000 57,150,000 2014 112

4. (a) (b) (c) 8 113

4. 1,252,753 1,674,060 423,320 3,350,133 22,950 4,146 67,229 94,325 1,275,703 1,678,206 490,549 3,444,458 581,340 399,994 25,631 1,006,965 (297,412) (201,922) 35,818 (29,873) 299,748 238,900 (75,944) (7,657) (6,868) 961,755 (14,940) (22,406) (735) (38,081) (35,804) (72,702) (55,680) (164,186) * (60,089) (242,199) (465,246) (767,534) (4,250) (23,519) 13,244 (14,525) * 2014 114

4. 1,095,913 694,389 382,967 2,173,269 16,098 964 44,691 61,753 1,112,011 695,353 427,658 2,235,022 578,028 184,603 134,195 896,826 (192,245) (61,387) 45,949 (7,263) 37,097 129,462 (24,466) 4,827 (3,748) 825,052 (254) (11,384) 9,592 (2,046) (32,476) (26,589) (39,807) (98,872) (37,752) (56,913) (30,194) (124,859) (6,000) (1,849) 8,928 1,079 115

4. (a) 2,974,878 1,987,694 261,855 45,367 94,665 111,647 18,735 28,561 3,350,133 2,173,269 (b) 1,361,944 539,120 7,551 2,237 149,038 34,920 1,518,533 576,277 10% 2014 116

5. 1,315,851 998,002 1,261,092 603,110 307,704 82,902 385,440 369,704 64,986 97,911 15,060 21,640 3,350,133 2,173,269 29,332 32,657 5,619 24 867 13,268 35,818 45,949 6. 41 47,452 42 193,632 (7,052) 24 116,845 21 1,968 34 9,892 21 (8,664) 20 (472) (6,401) (10,355) 299,748 37,097 117

7. 9 840,865 524,150 167,821 103,086 201,922 61,387 77,374 46,562 1,287,982 735,185 178,771 90,425 68,160 39,279 246,931 129,704 14,423 8,163 374,725 206,723 (a), 15 87,504 64,963 (a), 16 3,194 941 (a), 18 73,488 32,968 ** 7 962 ** 181 1,679 (5,619) (24) ** 18 9,187 ** 19,751 14,484 ** (13,400) ** 60 3,690 15,510 9,090 * (6,387) (7,350) 5 (29,332) (32,657) (35,719) (40,007) 2014 118

7. * ** (a) 102,405 31,080 42,595 54,063 2,372 3,108 16,814 10,621 8. 164,186 98,872 33 69,403 16,642 34 6,133 2,974 408 4,850 75,944 24,466 2,565 2,867 236,330 126,595 5 238,900 129,462 119

9. 62211 78 32161 715 591 7,631 7,290 2,156 108 72 64 5,692 7,542 16,266 15,595 4,392 929 40 3,460 8,821 2,012 614 1,995 4,621 770 613 16 237 1,636 218 218 239 16 255 1 2 106 106 218 218 279 279 3 112 112 715 7,631 2,156 72 5,692 16,266 1 2 3 2014 120

9. 4,262 108 36 5,721 10,127 1 1,876 1,388 3,264 765 14 433 1,212 187 187 200 14 214 2 187 187 3 86 86 4 122 122 5 196 196 591 7,290 108 64 7,542 15,595 1 2 3 4 5 121

10. 9 1,581 2,331 2,121 1,140 79 109 1,035 2,294 4,816 5,874 1,000,0011,500,000 1 1,500,0012,000,000 2,000,0012,500,000 1 2 2,500,0013,000,000 1 2 3 37 11. 25% 16.5% 16.5%) 38% 41% MSC Malaysia Status 2014 122

11. 94,107 67,879 16,308 10,322 13,177 5,353 35 (28,404) (12,376) 95,188 71,178 % % 961,757 825,052 240,439 25.0 206,263 25.0 (199,145) (20.7) (114,293) (13.9) (10,982) (1.1) (3,674) (0.4) (13,150) (1.4) (6,900) (0.8) (2,421) (0.2) (2,462) (0.3) 40,767 4.2 7,449 0.9 (23,861) (2.5) (28,834) (3.5) (1,319) (0.1) (162) 51,068 5.3 41,407 5.0 (1,427) (0.1) (31,283) (3.8) 6,503 0.7 11,879 1.4 11,694 1.2 6,552 0.7 (9,530) (1.0) (8,212) (1.0) 95,188 9.9 71,178 8.6 123

12. 120,258,000 87,007,00039(b) 13. (a) (b) 0.13 0.12 121,509 111,386 (2,071) (1,999) 119,438 109,387 (a) (b) 110,723,000 1,737,000 15 15 A 108.514.0 1 7.75 41.4 32.9 A 641,810 AA 1,460,170 2014 124

14. 1,165,055,520 1,154,128,710 768,783 670,746 31,704 2,055 800,487 672,801 1,165,055,520 1,154,128,710 13,711,658 17,538,811 10,228,899 11,841,127 * 80,064,713 35,535,571 1,269,060,790 1,219,044,219 125

15. 256,539 252,824 123,512 4,320 15,751 40,229 693,175 (19,254) (170,784) (108,383) (1,783) (7,904) (308,108) 237,285 82,040 15,129 2,537 7,847 40,229 385,067 237,285 82,040 15,129 2,537 7,847 40,229 385,067 265,936 6,364 581 4,885 19,112 296,878 40 949 949 (11,091) (11,091) (1,356) (250) (1,606) (4,451) (67,613) (9,699) (690) (5,051) (87,504) 1,201 (257) 944 232,834 270,066 11,544 2,428 7,424 59,341 583,637 256,539 502,680 129,109 4,901 20,433 59,341 973,003 (23,705) (232,614) (117,565) (2,473) (13,009) (389,366) 232,834 270,066 11,544 2,428 7,424 59,341 583,637 256,539 201,295 118,850 4,422 8,978 38,286 628,370 (15,125) (149,325) (85,792) (1,730) (5,185) (257,157) 241,414 51,970 33,058 2,692 3,793 38,286 371,213 241,414 51,970 33,058 2,692 3,793 38,286 371,213 69,453 4,757 642 6,914 1,943 83,709 (1,380) (1,380) (3,202) (69) (161) (80) (3,512) (4,129) (34,801) (22,617) (636) (2,780) (64,963) 237,285 82,040 15,129 2,537 7,847 40,229 385,067 256,539 252,824 123,512 4,320 15,751 40,229 693,175 (19,254) (170,784) (108,383) (1,783) (7,904) (308,108) 237,285 82,040 15,129 2,537 7,847 40,229 385,067 2014 126

15. 116,000 22,000 120,00026,00094,000 16. 42,260 43,201 242,000 (3,194) (941) 281,066 42,260 288,206 46,206 (7,140) (3,946) 281,066 42,260 246,786 34,280 42,260 281,066 42,260 127

17. 14,559 14,559 14,559 40 39,995 (560) 53,994 53,994 53,994 53,994 40 215,328 (2,034) 267,288 267,288 267,288 3%3%) 21%20.5% 2014 128

17. 267,288 53,994 129

18. 49,620 100,911 19,865 13,537 3,921 187,854 (17,473) (83,150) (19,865) (6,476) (786) (127,750) 32,147 17,761 7,061 3,135 60,104 32,147 17,761 7,061 3,135 60,104 12,190 67,668 21,098 12,816 113,772 40 54,679 59,256 113,935 (21,608) (15,191) (13,614) (21,257) (1,818) (73,488) (883) (8,304) (9,187) (5,901) (5,901) (1,481) 28 (357) (1,810) 69,143 44,201 4,147 65,801 14,133 197,425 137,713 67,668 100,911 93,534 16,737 416,563 (68,570) (23,467) (96,764) (27,733) (2,604) (219,138) 69,143 44,201 4,147 65,801 14,133 197,425 66,700 91,544 19,865 3,771 181,880 (39,858) (68,363) (19,865) (533) (128,619) 26,842 23,181 3,238 53,261 26,842 23,181 3,238 53,261 8,138 9,367 17,505 40 10,270 13,537 150 23,957 (11,452) (14,787) (6,476) (253) (32,968) (1,339) (1,339) (312) (312) 32,147 17,761 7,061 3,135 60,104 49,620 100,911 19,865 13,537 3,921 187,854 (17,473) (83,150) (19,865) (6,476) (786) (127,750) 32,147 17,761 7,061 3,135 60,104 2014 130

19. 70,963 47,190 118,153 2,000,000 38.87 (1) 2,020,314 24.88 (2) 3,042,327 15.24 (3) (4) 4,000,000 8.47 4,000,000 22.86 (4) 6,000,000 12.70 131

19. * ** *** (1) 4,692,000 646,000 5,338,000 646,000 (2) 571,000 20,000,000 19,429,000 5,000,00028.3% 22.2%30 50.5% (3) Zhuhai Lequ Zhuhai Lequ 20 10Zhuhai Lequ Lequ20 Zhuhai Lequ 20%50 Zhuhai Lequ Zhuhai LequZhuhai Lequ (4) 2014 132

19. (7,657) 4,827 (7,657) 4,827 118,153 42,756 20. 30,600 28,701 29,912 33,574 1,278 1,278 31,190 34,852 30,600 28,701 (472) 30,718 34,852 30,600 28,701 133

20. **** 1,081,250 23.08 * ** **** 3,077,000 15.00 * ** *** **** 1,000,000 16.75 ** *** **** ** *** **** 2,000,000 19.70 12,000,000 19.70 * ** *** **** ***** 478,000478,000 2014 134

20. 6,868 3,748 688 7,556 3,748 30,718 34,852 21. (1) 6,913 55,780 50,000 56,913 55,780 (2) 392,627 (3) 174,045 56,723 566,672 56,723 623,585 112,503 234,439,000 20,927,000 3,080,000 135

21. (1) Sungy Mobile Limited Sungy445,632 5 30,485,000 Sungy Sungy 219,221320,0001,968,000 Sungy6,913,000 1,411,0008,664,000 (2) 31,939,676E90 557,655,000 E 10.01% 336,887,000,220,768,000 idreamsky Technology Limited idreamsky 8 49 idreamsky idreamsky 2,133,333 idreamsky1.3% idreamsky 55,740,0006,514,000 (3) 174,045,000 6,723,000 22. (1) 78,378 (2) 10,063 21,796 (1) 5,903 88,441 27,699 (1) a. Trustlook Inc. Trustlook 6% b. NDP Media Corp. NDP 2014 136

22. (2) VNGVNG CorporationVNG 1,859,251 VNG VNG VNG VNG 826,334VNG1,032,917 23. 10,790,000 9,828,000 6.40% 2,765,000 6,148,0005.40% 5.68% 24. Sky Profit Limited Sky Profit Sky Profit 29.28%Sky Profit Sky Profit 117 36 113 25. 3,647 207 3,298 3,321 6,945 3,528 137

26. 419,499 193,812 (8,362) (8,651) 411,137 185,161 0 30 338,453 135,334 31 60 36,366 19,202 61 90 11,890 6,324 91 365 23,668 16,589 760 7,712 411,137 185,161 8,651 2,955 4,827 5,824 (875) (4,241) (128) 8,362 8,651 8,362,000 8,651,0008,362,000 8,651,000 2014 138

26. 320,240 53,725 0 30 18,213 81,609 31 60 36,366 19,202 61 90 11,890 6,324 91 365 23,668 16,589 760 7,712 411,137 185,161 28,575,000 4,484,00010,591,000 27. 47,563 19,233 381 381 32,733 18,617 16,670 15,165 311,375 102,702 52,420 4,689 408,341 155,717 52,801 5,070 (10,533) (10,751) 397,808 144,966 52,801 5,070 139

27. 10,751 2,091 1,282 10,660 (2,000) (1,500) 28. 10,533 10,751 (a) 1,026,446 559,028 (a) 1,167,798 361,050 999,690 1,757,170 3,193,934 2,677,248 (a) 1,726,451 868,638 2,083,292 954,890 31 (a) (19,978) (19,588) 6,983,699 4,481,188 (b) 3,819,527 3,373,801 1,444,859 541,950 1,697,453 541,710 21,611 23,306 15 327 234 94 6,983,699 4,481,188 2014 140

28. (a) 14,294 43,197 (a) 615,253 110,571 629,547 153,768 (a) 1,282,695 548,365 31 (a) (19,978) (19,588) 1,892,264 682,545 (a) (b) 29. 0 30 45,073 17,246 31 60 6,148 6,967 61 90 959 1,857 91 365 24,852 4,740 2,292 1,653 79,324 32,463 1,436,000 141

30. 37,457 27,113 451,949 270,985 353,144 65,542 57,568 73,536 31,319 4,573 57,215 931,437 498,964 22,272 7,401 953,709 506,365 22,104 18,297 2,374 743 24,478 19,040 2014 142

31. 0.75% 15,778 0.75% 15,724 100,000,000 20,000,00015,778,000 20,000,00015,724,00019,978,000 19,588,000 32. 258,072 180,913 39,598 19,802 9,696 9,911 17,152 23,012 324,518 233,638 (310,983) (202,105) 13,535 31,533 143

33. (a) 1,047,132 1,037,587 (b) 1,745,190 2,792,322 1,037,587 (a) 8,500 8,500 (b) 66,005 74,505 8,500 (a) 1,356,000,0003 1016.9363 30 1,078,427 (22,898) 1,055,529 (8,500) 1,047,029 (11,966) 2,524 1,037,587 5,982 3,563 1,047,132 2014 144

33. (b) 2,327,000,0001.25 1043.89 30 1,845,544 (39,672) 1,805,872 (66,005) 1,739,867 (9,214) 14,537 1,745,190 145

34. Apoletto LimitedApoletto 188,636,00080,844,000 A0.0010.0742 20,000,000125,096,000 A A(i) (ii) (i) (ii) A A 8% AA 1 1 A 3,717,000 A 12.5 A 76,038 10,015 (1,030) 2,974 77,982 10,015 673 6,133 84,788 10,015 2014 146

34. Apoletto Apoletto0.0742161,688,00026,948,000 188,636,00012,000,00074,172,000 2,000,00012,362,000 0.0742161,688,00026,948,000 78,137,000 AApoletto2,000,000 12,362,000 9,892,000 147

35. (3,468) (15) 3,453 (2) (16,978) (1,205) (2,421)* (350) (20,162) (23,700) (3,538) 8,001 (975) (5,625) (4,650) 3,523 (41,583) (30,545) (7,156) 11,172 66 266 200 35,881 24,641 (11,240) (2,344) 17,930 7,022 (10,908) (4,920) 510 3,418 2,908 (3,418) 2,064 3,195 1,131 (3,195) 18,563 13,078 (5,485) (4,781) 2,974 786 (2,188) (786) 77,988 52,406 (25,582) (19,444) (28,404) (12,376) (4,334) 4,104 84,000 3,599,000 * 18,196,000 317,742,000 208,803,000 2014 148

35. 83 5,595 12,617 16,316 36,459 116,643 159,644 179,188 97,142,000 14,083,000 417,758 222,886 15,948 34,235 433,706 257,121 10% 5% 10% 2,5661,802 149

36. 2,400,000,0002,400,000,000 0.0005 9,260 9,260 1,184,842,4931,180,633,633 0.0005 4,730 4,718 1,145,132,426 4,690 347,965 (82,127) 270,528 631 631 37 8,842,200 28 20,456 20,484 37 5,469,735 28,237 28,237 (109,387) (109,387) 1,159,444,361* 4,718 259,665 (53,890) 210,493 (1,336) (1,336) (50,966) (50,966) 37 4,208,860 12 11,844 11,856 37 4,789,967 15,089 15,089 ** (3,802,000) (45,163) (45,163) 13 (119,438) (119,438) 1,164,641,188* 4,730 99,769 (83,964) 20,535 2,608,8608,842,2000.00050.4616 0.00050.461637 1,600,000 2.893.28 377,155,000 10,344,000 4,208,8608,842,200 4,701,000 10,140,000 4,789,9675,469,73515,089,000 28,237,000 * 20,201,30521,189,272 ** 57,218,00045,163,0003,802,000 2014 150

36. 37 37. (a) 645,300 0.0314 2,943,000 0.0331 (592,060) 0.0296 (2,297,700) 0.0336 53,240 0.0506 645,300 0.0314 53,240 0.0506 645,300 0.0314 7,329,300 0.2457 13,873,800 0.2438 (2,016,800) 0.2582 (6,544,500) 0.2416 5,312,500 0.2412 7,329,300 0.2457 5,312,500 0.2412 7,329,300 0.2457 5,365,740 0.2392 7,974,600 0.2288 5,365,740 0.2392 7,974,600 0.2288 21.5211.66 151

37. (a) 500,500 (500,500) * 60,300 (60,300) 84,500 (31,260) 53,240 7,125,300 (1,850,800) 5,274,500 ** 10,000 10,000 ** 194,000 (166,000) 28,000 ** 0.0005 0.0353 0.2118 0.2400 0.2400 0.4616 7,974,600 (2,608,860) 5,365,740 * ** 0.580.71 2.093.10 2014 152

37. (a) 1,350,500 (850,000) 500,500 * 1,371,000 (1,310,700) 60,300 171,500 (87,000) 84,500 50,000 (50,000) 13,213,800 (6,088,500) 7,125,300 ** 400,000 (400,000) ** 20,000 (10,000) 10,000 ** 240,000 (46,000) 194,000 ** 0.0005 0.0353 0.2118 0.2400 0.2400 0.2400 0.2400 0.4616 16,816,800 (8,842,200) 7,974,600 * ** (b) 10% 1% 153

37. (b) 0.1% 5,000,000 1 (i) (ii) (iii) 10,500,000 3.00 10,500,000 3.00 (1,600,000) 3.04 8,900,000 2.95 10,500,000 3.00 4,100,000 2.95 3,600,000 2.96 24.78 2014 154

37. (b) 7,500,000 (1,000,000) 6,500,000 3,000,000 (600,000) 2,400,000 2.89 3.28 10,500,000 (1,600,000) 8,900,000 7.128.08 7,500,000 7,500,000 * 3,000,000 3,000,000 2.89 3.28 10,500,000 10,500,000 * 155

37. (b) 1,770,000 3,028,000 14,265,740 14,265,74044,00028,542,000 14,265,740 1.20% (c) Kingsoft Japan Inc. 1,000 1,000 1,000 1.83 2.8310,000 (d) 2,8377.85% (e) Kingsoft Cloud Holdings Limited KC KC KC KC 10%94,750,000KCKC 2014 156

37. (e) Kingsoft Cloud Holdings Limited KC 46,300,000 0.04 21,900,000 0.02 53,400,000 0.04 52,900,000 0.04 (24,450,000) 0.04 (28,500,000) 0.02 75,250,000 0.04 46,300,000 0.04 % % 56.00% 55.30% % 2.145% 3.565% % 1.57% 0.3839 0.2772 KC 1,986,000 1,272,000 75,250,0009.14 9.37 157

37. (f) Kingsoft Jingcai Online Game Holdings Limited JC Holdings JCJC HoldingsJC Holdings JC JC 1,000,000 JC10% JCJC JC Holdings JCJC 375,000 450,000 (g) Westhouse Holdings Limited Westhouse Holdings WHWesthouse Holdings Westhouse Holdings WH WH 80,000,000 10% WHWH Westhouse Holdings WH 6,625,000 1.00 710,000 1.00 6,713,000 1.00 (80,000) 1.00 (88,000) 1.00 7,255,000 1.00 6,625,000 1.00 2014 158

37. (g) Westhouse Holdings Limited Westhouse Holdings Westhouse Holdings % % 50.90% 50.90% % 0.30% 0.30% % 8.50% 8.50% 0.29 0.29 WH 965,000 965,000 Westhouse Holdings 7,225,000 8.639.55 (h) 64,497,718 6.44% Cheetah Mobile Holdings 159

37. (h ) 56,176,131 0.34 (883,000) 0.34 (1,000) 0.34 55,292,131 0.34 839,000 0.34 % % 64.5% 66.2% % 2.65% 3.22% % 0.70% 0.9 2.13 126,400,000 55,292,131 9.50839,000 2014 160

37. (a) 10% 13,102,935 17,644,670 4,168,000 1,230,000 (883,900) (302,000) (4,789,967) (5,469,735) 11,597,068 13,102,935 31,000 211,000 19.454.26 24,316,000 17,570,000 6,338,2378,086,337 11,597,068 0.98% 8.068.24 161

37. (a) 5,200,000 (2,600,000) 2,600,000 200,000 200,000 400,000 (100,000) 300,000 5,800,000 (2,700,000) 3,100,000 31,000 31,000 2 2 50,000 (50,000) 925,000 (15,000) (462,500) 447,500 442,933 (218,400) (89,467) 135,066 4,310,000 (468,000) (968,000) 2,874,000 64,000 (24,000) 40,000 200,000 (50,000) 150,000 480,000 (120,000) 360,000 50,000 (50,000) 270,000 (10,000) (60,000) 200,000 250,000 (130,000) 120,000 50,000 (10,000) 40,000 50,000 (10,000) 40,000 130,000 (66,000) 64,000 325,000 (32,500) 292,500 90,000 90,000 3,593,000 (140,000) 3,453,000 160,000 160,000 7,302,935 4,168,000 (883,900) (2,089,967) 8,497,068 13,102,935 4,168,000 (883,900) (4,789,967) 11,597,068 2014 162

37. (a) 7,000,000 (1,800,000) 5,200,000 200,000 200,000 500,000 (100,000) 400,000 7,500,000 200,000 (1,900,000) 5,800,000 59,000 (28,000) 31,000 15,000 (8,000) (7,000) 172,000 (172,000) 435,000 (435,000) 463,336 (463,334) 2 3,334 (3,334) 100,000 (50,000) 50,000 1,500,000 (575,000) 925,000 587,000 (144,067) 442,933 5,880,000 (64,000) (1,506,000) 4,310,000 80,000 (16,000) 64,000 250,000 (50,000) 200,000 600,000 (120,000) 480,000 250,000 (200,000) 50,000 300,000 (30,000) 270,000 250,000 250,000 50,000 50,000 50,000 50,000 130,000 130,000 10,144,670 1,030,000 (302,000) (3,569,735) 7,302,935 17,644,670 1,230,000 (302,000) (5,469,735) 13,102,935 163

37. (b) 100,000,000 87,772,500 74,927,500 13,244,380 14,945,000 (56,330,627) (6,287,500) (2,100,000) 38,398,753 87,772,500 1.27 0.40 42,467,000 33,908,000 1,258,74712,227,500 0% 7.86 8.24 2014 164

37. (c) KOS Holdings KOS HoldingsKOS Holdings KOSKOS HoldingsKOS KOS Holdings KOSKOS Holdings KOS 54,000,000 KOS 29,050,000 30,000,000 14,750,000 300,000 (600,000) (1,250,000) 43,200,000 29,050,000 KOS HoldingsKOS Holdings KOS0.6000 0.2837 KOSKOS 165

37. (c) KOS Holdings KOS 1,180,000 69,000 10,800,00020,950,000 1% KOS8.62 8.99 (d) KCKC 48,000,000 KC 25,000,000 25,000,000 25,000,000 25,000,000 1,838,000 1,768,000 KC23,000,00023,000,000 2% KC 7.988.98 2014 166

37. (e) JC Holdings JC HoldingsJC Holdings JCJC HoldingsJC JC Holdings 500,000 JC 625,000 607,000 (f) 122,545,665 A 38. 159,451 188,936 94,086 228,810 205,582 482,347 394,518 6,178,872 1,174,391,000 658,691,000 286,958,000 151,608,000 167

38. Kingsoft Entertainment 1 100 Software Holdings Limited KES Holdings(iv) Kingsoft Application 1 100 Software Holdings Limited KAS Holdings(iv) (v) 228,721 49.26 KOS Holdings(iv) 2,522,000 68.99 KCS Holdings(iv) 947,500 63.83 Westhouse Holdings 3,200,000 76.21 LimitedWesthouse Holdings(iv) JC Holdings(iv) 157,500 76.21 Kingsoft Entertainment Software Corporation Limited 10,000,000 100 1 100 (iii)(v) 1 49.26 (iii) 15,000,000 68.99 (iii) 18,600,000 76.21 850,000 76.21 (iii) (iii) 2,000,000 63.83 Kingsoft (M) SDN.BHD Kingsoft Malaysia(iv) 1,000,000 100 (iv)(v) 447,875,000 (i)(iv) 10,000,000 (g) (i)(iii)(iv)(v) 10,000,000 44.83 100 49.26 2014 168

38. (i)(ii)(iii)(iv) (i)(iii)(iv)(v) (h) 5,000,000 (i) 3,000,000 (j) (i)(iii)(iv)(v) 10,000,000 (i)(iv) (a) 10,000,000 (i)(iii)(iv)(v) (i)(ii)(iii)(iv) (i)(iii)(iv)(v) (i)(iii)(iv) (i)(ii)(iv) (i)(iv) (i)(iii)(iv)(v) 8,000,000 10,000,000 (e) 10,000,000 (c) 1,000,000 100,000,000 (b) 10,000,000 (d) 300,000 63.83 49.26 49.26 100 49.26 68.99 49.26 76.21 100 100 49.26 169

38. (i)(iii)(iv) (i)(iv) (i)(iii)(iv) (i)(iii)(iv) 15,000,000 215,500,000 (f) 10,000,000 (c) 68,000,000 76.21 100 76.21 68.99 (i) (ii) (iii) (iv) (v) 50% 2014 170

38. (a) 1,200,000300,000 (b) (c) 99% 100,000 8,000,00060,000,000 26 26 68,000,000 68,000,000 68,000,000 171

38. (c) (d) (e) (f) 7,200,000 8,000,0002,000,000 2014 172

38. (g) (h) 5,000,0005,000,000 99,0001,000 (i) 1,500,0001,500,000 173

38. (j) 5,000,0005,000,000 % % 50.74 41.11 KOS Holdings 27.68 27.68 Westhouse Holdings 23.79 20.00 28,389 27,502 KOS Holdings 5,366 29,008 Westhouse Holdings 17,143 36,770 1,228,359 230,578 KOS Holdings 153,318 154,984 Westhouse Holdings 75,375 48,672 2014 174

38. KOS WESTHOUSE HOLDINGS HOLDINGS 1,678,206 294,804 564,314 (1,589,709) (275,617) (456,502) 88,497 19,187 107,812 89,373 20,396 107,034 2,090,882 675,042 669,892 908,947 59,697 114,752 (613,531) 165,951 458,862 (39,485) 15,114 7,431 400,914 31,840 208,797 (1,212,252) (31,784) (127,919) 1,374,087 (116,618) 562,749 56 (35,740) KOS WESTHOUSE HOLDINGS HOLDINGS 698,733 258,527 456,410 (613,540) (137,875) (243,942) 85,193 120,652 212,468 102,940 120,851 211,738 759,217 538,116 649,130 146,610 89,702 44,485 306,281 50,939 380,335 9,817 16,936 9,842 198,101 102,858 230,201 (100,787) 58,382 16,968 304,272 283,447 (88,752) 401,586 444,687 158,417 175

39. (a) 82 10% 50% 25% 12,000,000 1,800,000 0.0000025A 1,146,807,000Xiaomi Ventures Baidu Holdings Limited Baidu 7,142,85714,285,71414,285,714 A 307,785,000 60.19%52.55%60.19%59.32% 631,302,000 2014 176

39. (b) 347,965 (82,127) 142,524 (125,505) 241,895 102,132 626,884 (23,876) 87,007 63,131 631 631 20,456 (10,140) 10,316 23,521 23,521 28,237 (28,237) (102,132) (102,132) 13 (109,387) 109,387 259,665 (53,890) 127,668 (149,381) 328,902 109,387 622,351 4,230 120,258 124,488 (1,336) (1,336) 11,844 (4,701) 7,143 29,346 29,346 15,089 (15,089) (45,163) (45,163) (50,966) (50,966) (109,387) (109,387) 13 (119,438) 119,438 99,769 (83,964) 137,224 (145,151) 449,160 119,438 576,476 2.4 177

40. 54,000,000 49,700,0004,000,000 300,000 27,000,000 3,963,000 12,305,000 8,342,000 1,700 400 817 2,917 23,746 26,663 22,700 3,963 26,663 173,000 a) 13.5 10030 b) 13.5 62 2014 178

40. = 13,500,000 * 26% 85% 11% 7% 85% 11% 3,963,000 (22,700) (22,700) (173) (22,873) 64,303,000 15,205,000 3,350,857,000 886,199,000 179

40. 26 160(i)20 123 (ii) 6 37 4 24,656,000 A1.642,431,775 5,298,000 32,416,0003,652,000 13,768 11,170 * (16,749) 132 36,000 31,100 (11,072) 64,349 87,925 152,274 123,284 28,990 152,274 * 11,170,000 11,170,000 2014 180

40. 846,000 6 a) 3 10 b) 3 20 = * 100% 90% 12.7% 90% 90% 12.7% 28,990,000 (123,284) 13,768 (109,516) (846) (110,362) 33,347,0006,956,000 3,359,626,000 872,647,000 181

40. Fast Run International LimitedFast Run 51.875%16.6 102.4 12.6 77.74.0 24.7 1.00 21 6.678.07 24,672 15,420 27,756 (7,124) 60,724 98,481 (71,550) 87,655 62,983 24,672 87,655 24,672,000 24,672,000 2014 182

40. (62,983) (62,983) (62,983) 4,924,000964,000 3,350,133,000866,567,000 WowTech Kingsoft Japan Inc.WowTech Inc.WowTech VoIPWowTech 95.5% 96 5.746 2.750 3WowTech95.5% 4.5%4.5 0.23 WowTech 1,559 11 (983) 587 (26) 5,176 5,737 1,367 1,367 3,003 5,737 183

40. WowTech 19,000 WowTech (1,367) 11 (1,356) (1,356) (19) (1,375) WowTech96,000562,000 3,350,227,000866,411,000 12,000,000 2014 184

40. 150 1,000 2,383 3,533 8,467 12,000 102,000 (12,000) (12,000) (102) (12,102) Photo Grid Photo Grid 6,600,00040,785,000 Photo Grid 800,0001,807,000 11,167,000 1,449,6608,870,000 793,000 4,923,0001,755,000 185

40. Photo Grid Photo Grid 9,270 11,154 20,424 31,528 51,952 40,785 11,167 51,952 61,000 2.4Photo Grid Photo Grid a) I 800,00012MAU150% b) II 800,00024MAU225% 12MAU c) III 800,00036MAU337.5% 12 MAU Photo Grid = * I 99% 15.35% II 99% 15.35% III 99% 15.35% 11,167,000 2014 186

40. Photo Grid Photo Grid MAU Photo Grid (40,785) (40,785) (61) 41. (40,846) 80% 20% 118,394 81,872 375 (641) 200,000 (50,000) 2,548 47,452 200,000 200,000 200,000 (118,394) (2,548) 79,058 187

42. 33 203,498,000 1,461 5,865 7,326 2,540 193,632 203,498 203,498 203,498 (2,540) 200,958 2014 188

43. 57,462 46,203 57 57 176,558 16,691 38 80 234,020 62,894 95 137 14,428,000 14,428,000 (a) 901,921 921,033 2,000 12,409 1,052,543 19,642 6,097 1,986,515 929,130 (a) 901,921,000 189

43. 10%16,000,000 40% 4,000,00010% 10% 10,000,000 44. (a) (i) 290,367 (ii) 246,166 (iii) 73,992 104,078 (iii) 427 (iii) 1,709 (iv) 65,999 7,713 (iv) 11,695 8,395 (iv) 6,018 (v) 2,565 2,867 (vi) 30,600 2014 190

44. (a) (i) ii) 0.4262 110,240,964 B9.00% 46,980,000 290,369,000 Westhouse Holdings 0.5 40,000,000 Westhouse Holdings 4.71% 20 123,052,000 14,285,714 A 20 123,114,000 (iii) (i)(ii) (iii) 73,992,000 104,078,000 472,000 WPS Office 2013 V9.6 1,709,000 (iv) (v) (vi) 65,999,000 7,713,000 6,018,000 11,695,000 8,395,000 3,252,000 2,565,000 3,593,0002,867,00044(b) 4,990,00030,600,000 191

44. (b) Westhouse Holdings (i) 89,062 108,213 KOS Holdings (ii) 28,349 27,659 6,413 117,411 142,285 26 10,591 26 28,575 4,484 29 1,436 (iii) 1,020 (i) (ii) (iii) Westhouse Holdings 1.1834 160,000,000 Westhouse Holdings 20% 189,344,000159,078,000 151,475,000 119,090,000KES HoldingsWesthouse Holdings 1.3% Westhouse Holdings 128,000,000 87,098,0001,964,000 KOS Holdings 0.03KOS Holdings KOS Holdings200,000,000 KOS Holdings21.05% 6,000,00038,132,000 4,500,00027,605,000KOS Holdings 1.3% KOS Holdings 200,000,000 27,449,000 900,000 2014 192

44. (c) 9 2,929 3,357 163 158 1,176 661 4,268 4,176 45. 88,441 88,441 623,585 623,585 13,555 13,555 411,137 411,137 117,411 117,411 122,524 122,524 350,245 350,245 19,978 19,978 6,983,699 6,983,699 8,018,549 623,585 88,441 8,730,575 193

45. 79,324 79,324 53,591 808,340 861,931 1,020 1,020 15,778 15,778 2,792,322 2,792,322 53,591 3,696,784 3,750,375 27,699 27,699 112,503 112,503 15,976 15,976 185,161 185,161 142,285 142,285 125,733 125,733 19,588 19,588 4,481,188 4,481,188 4,969,931 112,503 27,699 5,110,133 2014 194

45. l 32,463 32,463 11,974 399,452 411,426 15,724 15,724 77,982 77,982 1,037,587 1,037,587 11,974 1,563,208 1,575,182 28,349 27,659 1,174,391 658,691 112,669 52,420 4,689 19,978 19,588 1,892,264 682,545 3,280,071 1,393,172 195

45. 22,007 18,298 286,958 151,608 2,792,322 1,037,587 15,778 15,724 3,117,065 1,223,217 46. 13,555 15,976 13,500 15,842 399,540 55,780 399,540 55,780 122,524 122,524 88,441 27,699 88,441 27,699 624,060 99,455 624,005 99,321 77,982 77,982 2,792,322 1,037,587 2,792,322 1,037,587 53,591 11,974 53,591 11,974 15,778 15,724 15,778 15,724 2,861,691 1,143,267 2,861,691 1,143,267 2014 196

46. 112,669 112,669 2,792,322 1,037,587 2,792,322 1,037,587 15,778 15,724 15,778 15,724 2,808,100 1,053,311 2,808,100 1,053,311 197

46. 399,540 399,540 88,441 88,441 399,540 88,441 487,981 55,780 55,780 27,699 27,699 55,780 27,699 83,479 2014 198

46. 27,699 27,822 61,548 6,172 (7,052) 6,551 (6,026) (305) (269) 88,441 27,699 VNG Trustlook NDP 5% 833,000 5% 64,000 5% 640,000 5% 18,000 5% 483,000 199

46. 53,591 53,591 11,974 11,974 2014 200

46. 11,974 59,381 11,167 (4,923) (12,952) 807 111 53,591 11,974 5% 254,000(249,000) 13,500 13,500 201

46. 15,842 15,842 2,792,322 2,792,322 15,778 15,778 15,778 2,792,322 2,808,100 77,982 77,982 1,037,587 1,037,587 15,724 15,724 15,724 1,115,569 1,131,293 2014 202

46. 2,792,322 2,792,322 15,778 15,778 15,778 2,792,322 2,808,100 1,037,587 1,037,587 15,724 15,724 15,724 1,037,587 1,053,311 203

47. 15,778,000 15,724,000 5% 5% 151,000 83,000 5% 5% 106,000 188,000 12%11% 2014 204

47. 5% (114,599) 5% 114,599 5% (54,994) 5% 54,994 5% (52,934) 5% 52,934 5% (15,062) 5% 15,062 26 29 31 33 6,983,699,000 4,481,188,000 86.5%88.3%67.3%77.2% 205

47. 16,046 38,993 3,082,111 3,137,150 15,918 15,918 52,180 24,852 2,292 79,324 530,509 347,066 53,862 22,272 953,709 31,317 22,274 53,591 1,020 1,020 15,991 31,983 1,178,026 1,226,000 15,864 15,864 26,070 4,740 1,653 32,463 184,023 252,917 57,215 4,809 498,964 4,573 7,401 11,974 16,046 38,993 3,082,111 3,137,150 15,918 15,918 22,944 1,534 24,478 15,991 31,983 1,178,026 1,226,000 15,864 15,864 4,576 4,576 2014 206

47. 21 1% idreamsky 392,627 3,926 (4,265,060) (1,973,642) 10,381,604 5,804,333 41% 34% 48. 207

49. 1. King Venture Holdings Limited King Venture King Venture King Venture39,087,125 A18,250,268 B 172,012,1791,052,542,523 VNET) A B B1 1 B AB BA King Venture39,087,125 A18,250,268 B 11.6%19.9% 2. Quwan Limited Quwan21,000,000 128,906,400 5,570,292 D7,070,000 43,398,500799,630Quwan 35% 3. 28,000,000 171,738,0002.8% 4. 45,000,00030% 5. MobPartner 58Cheetah MobPartner 50. MobPartner 2.2 51. 2014 208