KML Technology Group Limited 8065
KML Technology Group Limited 100,000,000 10,000,000 90,000,000 0.72 0.48 1% 0.0027% 0.005% 0.01 8065 32 342C 0.72 0.480.72 1%0.0027%0.005%0.72 0.480.72 www.hkexnews.hk www.kml.com.hk
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(1) www.hkexnews.hk www.kml.com.hk www.hkeipo.hk (2)................ (3).................. (4).................................. (3).............. (5)............................ www.kml.com.hk (6) www.hkexnews.hk................................... www.tricor.com.hk/ipo/result...................... ii
(1) (7) (11)............. (8)(9)(10)(11).................................... 1. 2. www.hkeipo.hk 3. 10. 4. 6. 5. 6. 7. 8. iii
(1) 9. 10. (www.hkeipo.hk) 11. 1,000,000 183 22 1,000,000 14. iv
..................................................................................................................................................... i ii v...................................................... 1...................................................... 13.................................................. 24................................................ 27.................................................. 29................................... 42............................... 43.................................... 47.................................................. 50.................................................. 52 v
.................................................. 62........................................ 82...................................................... 94........................................... 157.................................................. 166........................................... 172...................................................... 187.................................................. 189.................................................. 191...................................... 227...................................................... 246............................................. 257........................................ 264........................................ I-1......................................................................................... II-1 III-1 IV-1..................... V-1 vi
40 34.2 8.9% 69.0 * 3.6% (i) (a)(b)(c) SCADA * 1
(ii) MetroStile (iii) (iv) (a) (b) (c) (v) (i) (a)(b) (ii) (a)(b) (c)(d) (iii) (iv) 2
39.4% 58.2% 60.6% 41.8% (i) (ii) (iii) (iv)(v) 79.5% 87.5%40.3% 61.0% 3
19 400 42.9% 39.2% 18.2% 15.1% 20 69.8% 73.0% 24.8% 26.4% (i) (ii)(iii) 1,507.2 1,942.05.2% 2,635.8 6.3% 42.6% 34.28.9% 4
163,821 171,116 63,960 55,486 22,153 13,327 % % 113,629 69.4 131,288 76.7 (a) 68,091 41.6 70,574 41.2 (i) 16,033 9.8 12,163 7.1 (ii) 752 0.5 1,593 0.9 (iii) 1,681 1.0 1,924 1.1 (iv) 49,624 30.1 54,894 32.1 (b) 45,538 27.8 60,714 35.5 (i) 9,224 5.6 3,725 2.2 (ii) 13,068 8.0 29,364 17.2 (iii) 9,410 5.7 6,810 4.0 (iv) 13,836 8.4 20,815 12.2 29,464 18.0 13,388 7.8 15,024 9.2 22,345 13.1 5,704 3.5 4,095 2.4 163,821 100.0 171,116 100.0 5
100% 64.0 55.539.0% 32.4% % % 42,835 37.9 40,082 30.7 (a) 21,451 31.5 20,239 28.7 (i) 6,365 39.7 4,676 38.4 (ii) 207 27.5 428 26.9 (iii) 535 31.8 651 33.8 (iv) 14,343 28.9 14,483 26.4 (b) 21,384 47.0 19,843 32.7 (i) 3,587 38.9 1,359 36.5 (ii) 5,886 45.0 9,605 32.7 (iii) 3,904 41.5 2,385 35.0 (iv) 8,007 57.9 6,494 31.2 14,054 47.7 5,074 37.9 4,649 30.9 8,008 35.8 2,422 42.5 2,322 56.7 63,960 39.0 55,486 32.4 37.9%30.7% (i) (ii) 47.7%37.9% A 130,920 132,208 41,782 41,884 89,138 90,324 6
7 27,798 17,212 55,521 54,558 6,662 9,358 (2,625) 4,703 (5,000) (10,000) 54,558 58,619 27.8 17.2 6.7 9.4 1 39.0% 32.4% 2 13.5% 7.8% 3 3.13 3.16 4 3.12 3.14 5 6 7 23.1% 13.4% 8 16.1% 9.4% 9 1. 2. 3. 4. 5. 6. 7. 8. 9. 13.5% 7.8%1.4
8 95 111 23 26 5 10 64 81 14 14 6 24 48 61 11 12 1 15 111 131 26 28 10 19 183,859 156,902 11,223 40,826 24,477 18,277 86,672 173,618 44,627 5,858 23,264 1,884 (113,629) (131,288) (15,024) (22,345) (29,464) (13,388) 156,902 199,232 40,826 24,339 18,277 6,773
KML Holdings 50% 50%46%35% 19% KML Holdings 50% 50% 34.5%26.25% 14.25% KML Holdings 5.010.0 25.0 24.0 (i) 0.60 (ii)(x) 8.1 (y) 0.6 15.3 (i) (ii)(iii) 9
(iv)(i) (ii) (iii) 0.48 0.72 (1) 192,000,000 288,000,000 (2) 0.311 0.368 1. 100,000,000400,000,000 2. 0.600.48 0.7236.0 49.9%18.0 (i) 10
(ii) (a)(b) (iii) (iv) (a) (b) (c)(d) 25.7% 9.3 (i) (ii) (iii) 16.7% 6.0 2.8 10% 54 25 29 (i) 570,000 (ii) 10% 11
239253 10 38 20.0 (i)(ii) 66 110.838 213.3 104.6125.6 25.5% 23.2% 77 325(i) 194.898.2 (ii)31.9 68.8 49.6 25.0 (i) (ii) (iii) 24.0 0.3 12
KML Holdings 123 13
299,990,000A. 5. 223 622 32 14
KML Holdings E.1. GDP 15
Golden Sail Golden Sail International Limited www.hkeipo.hk www.hkeipo.hk 16
112 KML BVI KML Group (BVI) Limited KML BVI KML Holdings KML Holdings Limited Golden Sail 78.2% 20%1.6% 0.2% KML BVI 17
Golden Sail 48.5%49% 2.5% 0066 TraxComm Limited 18
1% 0.0027%0.005% 0.720.48 15,000,000 15% 90,000,000 19
32 5-7B 12B1791011 B 3 7 10,000,000 20
S S 571 S.H.E.Q 0.01 D. 21
KML Holdings KML BVI 1 6 22
% 23
CAD CAM ISO ISO 9001 ISO LED 24
1 MetroStile QR Code SCADA SCL 460 SGSIA 25
(i) (ii)(iii) (iv)(v) 26
27
28
(i) (ii)(iii) (iv) 79.5%87.5% 40.3% 61.0% 29
163.8 171.1 22.2 13.3 64.055.5 39.0% 32.4% 30
69.4%76.7% 18.0% 7.8% 9.2% 13.1% 11.2 0.3 1.3 31
94.6%97.4% 32
30 60 6971 30 60 44 30 25.5 38.0 25.6% 32.9% 33
29.330.029.3%26.0% 50 20 34
(i) (ii) 35
36
79 2,518 2,461 5,711 262 373 146 38 38 789 478 1,205 480 2,169 1,928 58,00082,000 37
83.8% 94.7% (i)(ii) 16.2% 5.3% (i)(ii) 38
39
40
41
20 20 42
571V 43
44B(1) Conyers Trust Company (Cayman) Limited 44
5,000 8065 45
46
136-139 17C 533B 40 13A 50 B18B2 3 B262609 18 B131305 19 1 5D 47
1 6 89 1 7 1 24 9 89 1 7 1 6 19 20 18 1 24 9 89 1 7 1 6 19 20 18 48
1 183 202001-6 18 5 Conyers Dill & Pearman Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 5 27 88 135 8 11706 99 11 49
Cricket Square Hutchins Drive PO Box 2681, Grand Cayman KY1-1111 Cayman Islands B12 www.kml.com.hk HKICSICSA 50 B 182 40 13A 50 B182 50 B18B2 50
1 6 89 7 Conyers Trust Company (Cayman) Limited Cricket Square Hutchins Drive P.O.Box 2681, Grand Cayman KY1-1111 Cayman Islands 183 22 1 51
450,000 402,000 52
GDP 19,344 24,522 4.9%GDP24,522 30,206 4.3% GDPGDP % 5,000 4,000 3,000 2,000 1,000 0 2,890.9 3,020.6 2,037.1 2,138.0 2,258.2 2,397.1 2,452.2 2,522.3 2,646.9 2,767.7 4.9 4.6 4.5 4.5 1,934.4 2.3 2.9 5.3 5.0 5.6 6.2 4.9% 4.3% GDP 28 24 20 16 12 8 4 0-4 -8-12 GDP 272,000 333,300 4.2%GDP398,100 3.6% 53
600 400 200 272.0 GDP % 4.3 4.3 283.8 5.0 296.0 310.8 5.5 4.2% 3.6% 327.9 333.3 340.7 1.7 2.2 4.3 3.9 3.8 3.8 355.4 369.3 383.4 398.1 8 4 0 0 GDP -4 (i) (ii) (iii) (iv) (v) (i)(ii)(iii) (iv) 54
1,507.2 1,942.0 5.2% 2,635.8 6.3% 3,000 2,500 2,000 1,500 5.2% 6.3% 2,497.9 2,635.8 2,338.9 2,197.0 2,078.0 1,942.0 1,668.4 1,758.0 1,853.0 1,507.2 1,588.0 1,000 500 0 55
300 56
4.69 69.0* 3.6% 34.2 5 42.6% 57.4% A B C D 67.2 34.2 28.4 18.6 15.3 * (%) 1 A 17.5% 2 8.9% (i) (ii)(iii) (iv) (v) (i)(ii) (iii) (iv) 57
(%) 3 B 7.4% (i) (ii) (iii) 4 C 4.8% 5 D 4.0% 57.4% 100% 42.6% 34.28.9% 469 25.3%490.8 74.7% 844 649 58
529.9 571.2 617.5 25.3% 74.7% 1. (i) (ii)(iii) 2. 3. 1. 10% 59
=100 % 180 25 161.0 160 +10.0% 140 137.0 17.5 20 123.1 120 114.4 100.0 105.1 15 100 11.3 80 8.8 7.6 10 60 5.1 40 5 20 0 0 100 =100 160 140 +9.8% 138.0 159.5 120 107.8 129.1 117.5 100.0 19.8 100 17.4 15.5 80 7.8 60 40 20-9.0 0 % 40 30 20 10 0-10 100 2. 1. 60
2. 3. 1. 2. 61
406 2 62
40 406D III 13 (i) 1,000 10,000(ii) (i) (ii) 10,000 100,000 (iii) (iv) (i) (ii) (iii) 63
50 II I 64
30% 65
102 95 66
(i)(ii) (iii) (i)(ii) (iii) (i) R1 (a) (b) (ii) R2 67
(iii) R3 (a) (b) 583 (i) (ii) (iii) (iv) 68
03.02 03.04 03.06 03.09 03.12 03.14 03.20 03.21 03.02 03.21 69
460 CCTV 11 12 (i) (ii) 70
(i) (ii) (iii) (iv) (a) (b) (c) (ii)(iii) (v) 31(1) 100,000 71
31(2) 10,000 10 (i) (ii) 12 (i) (ii)(iii) 72
(i) (ii) (iii) (a) (b) (iv) (v) 37212 (vi) 31(2) 10,000 587 32 0.5% 1 73
35 36 14 2,000 14 10,000 14 10,000 5% 5% 123 14(1) 41(3) 41(3) 74
123N I IIIII 13 6 (i) (ii) 250,000150,000 (iii) (iv) 75
IIIII(i)(ii) 282 200 15 2 14 14 14 40 100,000 100,000 509 76
200,000 200,000 200,000 500,000 12 50,000 314 608 34.5 77
485 60186560 25,0007,100 30,000 7,100 5% 1,2501,500 5% 25,000 30,000 311 311O 311R 311C 78
400 100,000 200,000 20,000 354 354N 354C (i)200,000 (ii)500,000(iii) 10,000 1 21 79
200,000 6 100,0006 50,0006 200,0006 466 200,000 500,000 10,000 358 80
(i)200,000(ii) 400,000 10,000 499 2 2 I (i) 2 (ii) 5 10,000 81
40 50 10 200 34.2 8.9% 69.0 3.6% 82
I I I II ISO 9001:1994 83
MetroStile MetroStile AIIIII CIIIII 84
KML BVI 380,00038,000,0000.01 0.01 KML Holdings 453519 KML Holdings 414 KML Holdings KML BVIKML Holdings 4,140 3,465 1,881KML Holdings KML BVI KML BVI KML Holdings 46%35% 19% 38,000,000 3,800,000,000 0.01 KML BVI KML BVI KML BVI50,000 1.00 KML BVI KML BVI KML Holdings KML BVI 85
199100 (i) (ii) (iii) KML Holdings KML Holdings 46,00035,00019,000 46%35% 19%KML Holdings KML Holdings 50% KML Holdings KML BVI46,00035,00019,000 KML Holdings 4,1403,4651,881KML BVI 86
A B A B 50A 7,600 A 25.17% 7,600 A 25.17% 7,600 A 25.17% 7,400 B 24.50% 30,200 100.00% 20,626 A 9,573 B 1 A (a) 2 15,100 A 1,999,867 5,526A9,573B 1321 A 87
15,100 A KML BVI5,527A9,573BKML BVI 414KML Holdings KML BVI AB KML Holdings KML Holdings (a) (b) (c) 88
50% 50% KML Holdings 46% 35% 19% 50% 50% 83.47% 16.53% 1 83.47% 16.53% (5,855) (2,155) 89
1.92 67,273 1,613,260319,462 2 380,000 38,000,0000.01 0.01 KML Holdings 3 KML BVI KML BVI50,000 50,000 1.00 KML BVI 1 1.00 4 KML Holdings 45 3519KML Holdings KML Holdings 46%35% 19% 90
5KML BVIKML Holdings KML BVI414 KML Holdings KML BVI KML Holdings KML BVIKML Holdings 4,1403,4651,881 KML BVI KML Holdings 46%35% 19% 6 38,000,000 3,800,000,000 0.01 91
50% 50% KML Holdings 46% 35% 19% 100% 100% 100% (1) KML Holdings (2) 92
50% 50% KML Holdings 25% 34.5% 26.25% 14.25% 100% 100% 100% (1) KML Holdings (2) 93
40 34.2 8.9% 69.0 * 3.6% (i) (ii) (iii) (iv) (v) * 94
(i) (ii) (a)(b) (c) (d) (iii) (iv) 40 200(i) (ii)(iii) (iv) 95
A II III C II III III 2425435 113.6131.3 29.5 13.4 15.022.3 96
10 ISO 9001 10 97
5030 30 (i) (ii)(iii) 98
6.3% (i)(ii) (i)(ii) 99
LED 5.1 10% 2.6 110.8 66213.3 386.0 (i) (ii) 100
(i) (ii) (iii) 20088 1 % % 141,293 86.2 152,555 89.2 1,669 1.0 713 0.4 2,165 1.4 2,095 1.2 18,694 11.4 15,753 9.2 163,821 100.0 171,116 100.0 101
(i) (ii) (a)(b) (1) (2) (3) (4)(c) (d) 113.6 131.3 102
(i) (ii) 103
(iii) (iv) (v) MetroStile MetroStileMetroStile (i) (ii) (iii) 104
(x)(y) (i) (ii) 105
(i)(ii)(iii) SCADA (i) (ii)(iii)(iv) QR Code (i)(ii)(iii) (iv) (x) (y)(i)(iv) 106
(i) (ii)(iii)(iv) (i) (ii) (x)(y) 29.5 13.418.0% 7.8% 107
108
1-2 109
(i)(ii) 15.022.39.2%13.1% 9.97,820 5.74.1 3.5% 2.4% 110
1 48 22 104,081 26,694 57 22 121,448 22,313 1 200,000 53 32 18,780 8,348 58 38 12,416 8,266 200,000 33 64 3,001 2,917 50 73 3,942 2,731 134 118 125,862 37,959 165 133 137,806 33,310 111
33 22 54,372 12,966 41 26 60,253 8,727 62 42 38,558 7,733 70 55 40,559 21,748 95 64 92,930 20,699 111 81 100,812 30,475 5 6 21,554 7,910 10 24 12,343 1,045 23 14 8,743 6,281 26 14 21,040 1,305 11 34 2,635 3,069 18 14 3,610 485 134 118 125,862 37,959 165 133 137,805 33,310 112
* 1 1 2 37.9 14.4 37.3 13.0 3 4 12.2 8.0 17.3 8.0 5 16.2 7.4 6 7 12.6 7.3 32.9 6.7 8 9 10 35.5 4.8 5.5 4.3 17.6 3.6 113
* 1 35.5 13.0 2 3 32.9 12.8 14.4 9.6 4 1 5 37.9 8.9 9.7 8.3 6 12.6 5.2 7 8 16.2 5.0 17.6 4.9 9 10 5.1 4.7 4.3 4.3 * 114
7710 1 * 41.5 0.5 0.5 41.0 11.6 11.1 18.3 37.9 14.4 8.9 23.3 13.9 10.6 3.3 35.9 4.8 13.0 17.8 18.1 12.0 6.0 0.1 35.1 6.7 12.8 19.5 8.2 8.2 26.5 26.5 10.3 13.7 2.5 20.5 1.2 1.2 19.4 16.8 2.0 0.6 17.6 3.6 4.9 8.5 8.8 5.1 3.4 0.3 16.7 0.4 0.4 16.3 9.9 6.4 16.9 7.4 5.0 12.4 4.5 4.2 0.3 15.7 3.5 3.5 12.2 12.1 0.1 449.2 57.6 90.1 147.7 156.0 94.0 52.0 10.0 713.4 94.5 140.2 234.7 324.9 194.8 98.2 31.9 * 115
200 881 13 (1) (2) 12.2 8.0 0.6 8.6 19.0 3.3 0.2 3.4 46.7 3.2 3.2 8.6 2.9 0.0 2.9 3.4 2.0 2.0 6.8 1.4 0.5 2.0 1.4 1.4 1.4 1.5 1.4 0.0 1.4 2.3 1.3 0.0 1.4 2.0 0.8 0.4 1.2 116
(1) (2) 1.5 1.1 0.0 1.2 1.2 0.9 0.2 1.1 1.4 1.1 1.1 1. 2. 95 111 23 26 5 10 64 81 14 14 6 24 48 61 11 12 1 15 111 131 26 28 10 19 117
1. 2. 3. (i)(ii) (iii) 4. 5. 183,859 156,902 11,223 40,826 24,477 18,277 86,672 173,618 44,627 5,858 23,264 1,884 (113,629) (131,288) (15,024) (22,345) (29,464) (13,388) 156,902 199,232 40,826 24,339 18,277 6,773 1. 118
2. 20967 14211 1 (%) (%) (%) (%) 44 117,717 18 41,392 40.9 35.2 39 164,840 12 70,039 30.8 42.5 34 256,801 11 28,047 32.4 10.9 48 354,373 15 55,303 31.3 15.6 78 374,518 29 69,440 37.2 18.5 87 519,212 27 125,342 31.0 24.1 1 637 0 0 0.00 0.00 1 266 1 266 100 100 2 35,573 1 35,139 50.0 98.8 2 22,692 0 0 0.00 0.00 0 0 0 0 0 0 0 0 81 410,728 30 104,579 37.0 25.5 90 542,171 28 125,608 31.1 23.2 119
39.4% 58.2% 60.6%41.8% 120
163.8171.1 S.H.E.Q. 121
(i)(ii) (iii) (iv)(v)(vi) (vii) (viii) 122
(i)(ii)(iii) (iv)(v) (i) (ii) 30 45 123
124
ISO 9001:2015 1 ( ) 1 () 1 ( ) 2 3 1 1,988.7 397.7 0 0 10 5 80% 80% 1 145.1 0 0 0 23 2 50% 50% 1 122.4 0 0 0 22 2 50% 50% 4 1 55.0 11.0 0 0 7 2 100% 100% 1 42.0 42.0 33.6 31.9 5 4 90% 90% 5 1 80.0 0 0 0 7 1 50% 50% 6 2 77.2 61.8 46.3 43.1 5 3 100% 100% 1 21.8 13.1 8.7 7.8 5 2 80% 80% 1 20.9 20.9 16.7 15.9 5 4 80% 80% 1 11.0 2.2 0 0 10 5 80% 80% 1 5.6 1.1 0 0 10 5 80% 80% 7 3 5.4 4.3 3.2 3.0 3 1 90% 90% 1. (0) 20% 2. (i)(ii) 3. 4. 125
5. 6. 7. (i)(ii) 19400 10 42.9% 39.2%18.2% 15.1% 126
% A 4,534 15.1 30 B 3,029 10.1 30 C 1,404 4.7 D 1,395 4.6 14 45 E 1,391 4.6 60 A 5,319 18.2 F 2,750 9.4 D 2,171 7.4 C 1,444 4.9 30 60 45 14 G 877 3.0 30 1. A 2. B 3. C 4. D 127
5. E 6. F 7. G 5% 30 60 (i) (ii) 128
20 6 (i) (ii) (iii) 129
69.8% 73.0%24.8% 26.4% % A 10,027 26.4 30 B 7,538 19.8 30 C 4,014 10.6 30 D 3,257 8.6 30 E 2,877 7.6 30 B 6,319 24.8 30 A 4,847 19.0 F 2,449 9.6 30 30 G 2,355 9.2 30 130
% H 1,845 7.2 30 1. A 2. B 3. C 4. D 5. E 6. F F 7. G 8. H 5% 131
3030 12 24 12 510% (i)(ii)(iii) 132
40 34.28.9% 69.0*3.6% 1:304:30 * 133
(i)(ii) 79.5% 87.5%40.3% 61.0% 104,318 61.0 30 134
A 21,433 12.5 56 30 Concord Solutions (HK) Limited 12,791 7.5 30 B 5,592 3.3 29 30 5,548 3.2 30 135
66,018 40.3 30 A 43,876 26.8 56 30 B 8,425 5.1 29 30 Concord Solutions (HK) Limited 6,685 4.1 30 Gilgen Door Systems AG 5,240 3.2 30 1 136
5% (i)(ii) (a)(b)(c)(iii) (iv)(v) 137
30 60 5% 10%(i) (ii) 138
S.H.E.Q. S.H.E.Q. 139
(i) (ii) (iii) (iv) (v) (i)(ii) 2.0 2.0 140
(i) (ii) (iii)(iv) (v)(vi) (vii)(viii) 1.7 1.8 ISO 9001:2015 141
S.H.E.Q. 142
(i) (ii) (iii) (iv) (v) S.H.E.Q. S.H.E.Q. S.H.E.Q. S.H.E.Q. S.H.E.Q. (i) (ii) (iii)s.h.e.q. S.H.E.Q. 282 143
1 0.9 0.4 2 6.9 2.9 3 39.1 34.5 1. 100,000 100,000 282 2. 1,000 3. 1,000 MetroStile 144
B. 2. 223 17 10 40 49 7 19 54 4 3 14 S.H.E.Q. 6 223 207216 3.0% 4.3% 145
(i)485 (ii)426 41.743.5 41.7% 37.6% 146
5-7 25,000 3.96 127 9 10 11 7 V20V25 L33L37 L39 * 2312 6,850 1.30 313315 316 147
52(4) 782 IR56E IR56E 10,000 800,000 1,000 2,500 80,000 150,000 148
52(5) 116 IR56F IR56F 10,000 1,160,000 1,000 2,500 116,000 200,000 149
S.H.E.Q. S.H.E.Q. (i) (a) 150
(b) (c) (d) (e) (f) (ii) (iii) 151
A II III C II III II 152
I I (1) (1) (1) (2) (2) (2) (1) (1) (1) (2) (2) (2) 153
ISO 9001:2015 406 ISOISO 9001 154
155
156
KML Holdings 50% 34.5%26.25% 14.25% KML Holdings KML Holdings50% KML Holdings 50% 50%KML Holdings KML Holdings KML Holdings 30% 157
KML BVI 158
KML Holdings (a) KML HoldingsKML Holdings KML Holdings (b) (c) (d) (e) 159
(f) (i) (ii) 160
2.6 KML Holdings (i) (ii) (iii) 161
(a) 162
(b) 5% (i)(ii) 163
(a) (b) (c) (d) (e) (f) (i) (ii) 164
(g) 165
20 Golden Sail 78.2%20%1.6% 0.2%Golden Sail Golden Sail 48.5%49% 2.5%Golden Sail 5-7V20V25L33 L37 L39 166
371,000 383,000 398,000 3,960,000 4,452,000 4,596,000 4,776,000 (i) (ii) (iii) (iv) 167
20 0.1% 5%20 20 168
(i) (ii)(iii) (i)(ii) (iii) 226,000149,000 169
500,000 500,000 500,000 (i) (ii) (iii) 20 3.019.07 5%20.24 20 (a) 170
(b) (c) (a) (b) (c) (d) 171
70 55 40 38 172
51 52 47 173
59 42 48 46 37 70 50 Taikoo Dockyard & Engineering Company of Hong Kong Limited Taikoo Dockyard Taikoo Dockyard 174
Taikoo Dockyard Taikoo Dockyard 175
55 30 G.E.C (Hong Kong) Limited I II III A C 40 I IIIIIA 176
KML Holdings 50% 38 10 RS Components Limited 177
KML Holdings 50% 51 170 600789 0851 209 52 178
47 1215 179
C. 1.(a) XV 17.50(2) 59 30 409 180
42 U-Save (H.K.) Limited 48 IIIIIAC 10 46 20 Barber Ship Management Limited 181
Capstone University 37 Success Light Investment Limited 38 5.28 15 182
5.34 15 15 D.2 (i)(ii) (iii) (iv) D.3 D.2(i) 183
(ii) (iii) (iv)(v) 7 6.5 5.3 3.8 C. 2. C. 3. 7 184
123N D. 6A.19 6A.23 (a) 185
(b) (c) (d) XIVA 30 6A.26 186
3,800,000,000 0.01 38,000,000 10,000 100 299,990,000 2,999,900 100,000,000 1,000,000 400,000,000 4,000,000 10,000 100 299,990,000 2,999,900 100,000,000 1,000,000 15,000,000 150,000 415,000,000 4,150,000 25% 187
D. A.5. A.5. A.6. 188
XV23 10% * KML Holdings 1 4,600 46% 138,000,000 (L) 13 4,600 46% 138,000,000 (L) 13 4,600 46% 138,000,000 (L) 34.5% 34.5% 34.5% 2 5,400 54% 162,000,000 (L) 40.5% 2 5,400 54% 162,000,000 (L) 40.5% * 1. KML HoldingsKML Holdings 50%KML Holdings 50%50% KML Holdings 4,600KML Holdings 138,000,000 189
2. 3,5001,900 105,000,000 57,000,000 3. 4. L XV2 3 10% 190
40 200(i) (ii)(iii)(iv) 191
KML Holdings KML Holdings 50% 3 1 192
29.330.029.3%26.0% 79 2,518 2,461 5,711 262 373 146 38 38 789 478 1,205 480 2,169 1,928 193
194
30 60 69 71 30 60 44 30 195
196
197
163,821 171,116 (99,861) (115,630) 63,960 55,486 364 612 62 (301) (37,825) (39,179) (553) 26,561 16,065 (4,408) (2,738) 22,153 13,327 (i)(ii) (iii) (iv) 163.8 171.1 4.5%17.7 7.3 16.1 1.6 198
% % 113,629 69.4 131,288 76.7 (a) 68,091 41.6 70,574 41.2 (i) 16,033 9.8 12,163 7.1 (ii) 752 0.5 1,593 0.9 (iii) 1,681 1.0 1,924 1.1 (iv) 49,624 30.1 54,894 32.1 (b) 45,538 27.8 60,714 35.5 (i) 9,224 5.6 3,725 2.2 (ii) 13,068 8.0 29,364 17.2 (iii) 9,410 5.7 6,810 4.0 (iv) 13,836 8.4 20,815 12.2 29,464 18.0 13,388 7.8 15,024 9.2 22,345 13.1 5,704 3.5 4,095 2.4 163,821 100.0 171,116 100.0 199
113.6 131.3 69.4% 76.7% 113.6 131.3 64 20.7 84 30.5 29.513.4 18.0% 7.8% 13.0 15.022.3 9.2% 13.1% 8.2 200
5.7 4.1 3.5% 2.4% (i)(ii)(iii) (iv) % % 141,293 86.2 152,555 89.2 1,669 1.0 713 0.4 2,165 1.4 2,095 1.2 18,694 11.4 15,753 9.2 163,821 100.0 171,116 100.0 141.3152.6 86.2% 89.2% % % 137,255 83.8 161,996 94.7 4,862 3.0 2,493 1.5 12,965 7.9 51 0.0 8,561 5.2 6,503 3.8 178 0.1 73 0.0 163,821 100.0 171,116 100.0 201
91.7%94.7% 38.3 A (i)(ii)(iii)(iv) % % 29,276 29.3 30,019 26.0 41,661 41.7 43,506 37.6 25,529 25.6 37,989 32.9 3,395 3.4 4,116 3.5 99,861 100.0 115,630 100.0 99.9 115.6 15.715.8% 12.5 202
118 141 1.8 176 181 (i)(ii) (iii) +30% (8,783) (9,006) +15% (4,391) (4,503) -15% 4,391 4,503-30% 8,783 9,006 +30% (12,498) (13,052) +15% (6,249) (6,526) -15% 6,249 6,526-30% 12,498 13,052 +30% (7,659) (11,397) +15% (3,829) (5,698) -15% 3,829 5,698-30% 7,659 11,397 100% 64.055.539.0%32.4% 203
% % 42,835 37.9 40,082 30.7 (a) 21,451 31.5 20,239 28.7 (i) 6,365 39.7 4,676 38.4 (ii) 207 27.5 428 26.9 (iii) 535 31.8 651 33.8 (iv) 14,343 28.9 14,483 26.4 (b) 21,384 47.0 19,843 32.7 (i) 3,587 38.9 1,359 36.5 (ii) 5,886 45.0 9,605 32.7 (iii) 3,904 41.5 2,385 35.0 (iv) 8,007 57.9 6,494 31.2 14,054 47.7 5,074 37.9 4,649 30.9 8,008 35.8 2,422 42.5 2,322 56.7 63,960 39.0 55,486 32.4 39.0% 32.4% 204
37.9%30.7% (1) (2) 205
7,417 2,165 1,952 1,534 1,767 277 103 174 38% 32% 40% 33% 44% 44% 32% 40% 33% 46% 11,911 3,193 3,260 2,283 3,175 496 173 322 1,817 625 429 320 442 62 49 13 85% 80% 87% 86% 86% 87% 72% 96% (i) (ii)scada SCADA 47.7%37.9% A A 206
(i)(ii) 165 165 107 18 403 74 44 364 612 4 (219) 58 (82) 62 (301) 207
0.4 0.6 % % 27,373 72.4 28,710 73.3 4,037 10.7 4,376 11.2 359 0.9 301 0.8 1,406 3.7 1,093 2.8 912 2.4 1,023 2.6 671 1.8 590 1.5 802 2.1 657 1.7 2,265 6.0 2,429 6.2 37,825 100.0 39,179 100.0 37.81.4 39.2 27.4 28.7 4.9% 31 35 4.0 4.4 0.4 0.3 208
1.41.1 16.5% 17.0% 16.6%17.0% 209
55,521 54,558 6,662 9,358 (2,625) 4,703 (5,000) (10,000) 54,558 58,619 6.7 (i)27.8 (ii)0.1(iii) 0.7(iv)0.8(v) 0.9(i) 7.6(ii)1.3(iii)8.8 (iv)3.6 (v)2.3 9.4 (i)17.2 (ii) 0.6(iii)4.0 (iv) 2.2(i) 3.8 (ii) 3.1(iii) 1.4(iv)6.4 210
2.6 (i) 1.2 (ii)10.6 4.7 (i) 2.5(ii)2.8 1.2 5.0 5.0 10.0 10.0 211
545 535 534 35,470 31,478 32,841 7,867 5,262 9,935 1,228 4,071 14,044 25,510 32,243 39,336 400 2,841 2,501 54,558 58,619 43,858 130,920 132,208 140,548 10,156 8,793 13,176 8,371 10,545 9,499 16,296 19,257 19,930 6,959 3,289 130 41,782 41,884 42,735 89,138 90,324 97,813 89.1 90.3 90.3 (i) 6.7(ii) 4.1(i) 2.2 (ii)3.0 212
97.8 i)4.7 ii)7.1iii) 10.0 14.8 765 518 423 424 2,130 659 568 428 731 2,386 2.1 2.4 35.9% 27.6% 0.3 0.4 35,470 31,478 213
35.5 31.5 99 31.2 30 17,390 20,650 3160 13,094 6,240 6190 3,907 4,138 90 1,079 450 35,470 31,478 69 71 4,088 6,085 7,867 5,262 214
5% 10% 12 24 4.16.1 7.9 5.3 4.16.1 15.71.7 215
438 1,533 29 651 298 425 429 677 34 785 1,228 4,071 1.24.1 1.1 0.60.2 216
252,607 211,051 (243,393) (198,065) 9,214 12,986 25,510 32,243 (16,296) (19,257) 9,214 12,986 25.5 32.2 0.4 2.8 0.6% 4.0% 4.2% 2.5 217
54.6 58.6 10,156 8,793 30 60 30 2,516 2,303 3160 424 1,378 6190 200 85 90 7,016 5,027 10,156 8,793 4.9 2.5 218
2.8 1.0 5.6 4.6 3.8 10.2 8.8 3.7 44 30 4430 219
3,658 4,083 2,957 3,206 999 1,861 508 757 887 8,371 10,545 8.410.5 (i) 0.4 (ii)0.9 5% 10% 1.0 1.90.4 220
18,400 2 5 4,063 5,202 3,606 4,089 918 378 8,152 6,200 3,984 221
1 39.0% 32.4% 2 13.5% 7.8% 3 3.13 3.16 4 3.12 3.14 5 6 7 23.1% 13.4% 8 16.1% 9.4% 9 1. 2. 3. 4. 5. 6. 7. 8. 9. 39.0% 32.4% 222
13.5% 7.8%1.4 3.13 3.16 3.12 3.14 23.1% 13.4% 22.213.3 16.1% 9.4%i) 22.2 13.3 ii)137.9 141.4 223
28 316 262 697 284 234 555 375 1.21.6 12 24.0 (i)0.60 (ii)(x) 8.1 (y)0.6 224
15.3 31 5.010.0 25.0 225
24 17.15 17.2117.15 17.21 8.01 8.36 15% 24.0 0.3 226
0.600.48 0.7236.0 49.9%18.0 (i) (1) (2)(3)(4) (5) (6) 1 2 1 1 820 8 80% 80% 90% 1 1 725 8 50% 50% 60% 1 1 2,000 6 80% 80% 80% 227
1. 2. 228
(1)(2) (3)(4) (5) 2 1,150 8 70% CADCAM 1 1 200 2,000 8 5 30% 70% CADCAM 229
1 500 5 70% CADCAM (ii) (a) 1.35,000 230
(b) (1)(2) (3)(4) (5) 1 2 3 2 2 300 4 100% 100% 100% (i) (ii) 231
1 2 3 3 3 1,500 100% 100% 100% 100% 60 5 317 60% 60% 60% 1. 2. 3. 4. 232
(1)(2) (3) (4) 1 1 520 50% 2 300 2 50% (i)(ii) 1 650 100% 100% 233
1 4 470 60% 1. 2. (iii) 2.9 (a) (b) 234
(c) (iv) (a) 0.9 (b) 0.9 (c) 30,000 (d) 0.8 235
25.7% 9.3 (i) 1.3 1,0001,200 0.16 0.56 (ii) (a) 1.9 (b) 1.5 (iii) (a) 2.2 (x) (y) (z) 1.08 (b) 2.4 236
16.7% 6.0 2.8 10% 237
1.4 4.8 1.3 1.7 9.3 5.4 4.5 6.1 1.9 18.0 5.0 1.0 6.0 5.0 6.9 9.3 8.4 3.6 33.2 2.8 36.0 238
5.0 (i) (ii) (iii) (iv) (i) (ii)cadcam (iii) 239
(i) (ii) (iii) (iv) 240
(i) (ii) (iii) (iv) (i) (ii) (iii) 241
(i) (ii) 242
243
54 25 29 (i) 570,000 (ii) 10% 239253 10 244
38 20.0 (i)(ii) 245
10,000,000 90,000,000 (i) (ii) 246
8 (i) (a) (b) (c) (d) (e) (f) 247
(g) (h) (i) (j) (k) (l) (m) (n) (o) (p) 248
(1) (2) (3) (ii) (a) (b) (c) (d) (e) 249
(f) (g) (h) (i) (j) (A) 17.29 (B) 13.16A(1) (i) 250
155 (ii) 155 13.19 (i) 13.18(1) 155 (ii) 13.20 13.1917.43 251
(A) (i) (ii) (iii) (i) (ii) (iv) (i) (ii) (i)(ii) (iii) (i)(ii) (iii) 252
(B) (i) (ii) (iii) (i) (ii) (iv) (i)(ii)(iii) (i)(ii) (iii) (i)(ii) (iii) 253
(i)(ii) (iii) 12 (i) 155 (ii) 254
15,000,000 15% 5% 24.0 (i)0.60 (ii) 255
6A.07 256
100,000,000 (i) 10,000,000 (ii) 90,000,000 (i) (ii) 25% 27.7% 257
10,000,000 10% 2.5% (i) 1550 30,000,00030% (ii) 50100 258
40,000,000 40% (iii) 100 50,000,000 50% 90,000,000 90% 22.5% 259
15,000,000 15% 571W 15,000,000 3.6% 24.1% 260
0.72 0.48 0.721.0%0.0027%0.005% 5,000 3,636.28 www.kml.com.hkwww.hkexnews.hk 261
11. (i) (ii) (iii) (iv) 262
www.kml.com.hk www.hkexnews.hk 155 5,000 8065 263
1. www.hkeipo.hk 2. S 264
3. www.hkeipo.hk (i) 89 1 7 19 20 18 265
(ii) 391 29 01 02 131-137 1 1001 (i) 8 1 (ii) 10. 266
4. 267
(i) (ii) S S 902(h)(3) (i) 268
(ii) 5. 2. www.hkeipo.hk www.hkeipo.hk24 10. 269
40 40 342E 6. 2979 7888 https://ip.ccass.com 8 1 270
(i) (ii) 271
40 272
5,000 5,000 273
(1) (1) (1) (1) 1. 10. 40 40 342E 274
7. (i)(ii) 8. 275
9. 5,000 5,000 www.hkeipo.hk 276
10. 11. (a)www.kml. com.hk (b) www.hkexnews.hk www.kml. com.hk www.hkexnews.hk www.tricor. com.hk/ipo/result 3691 8488 277
12. (a) 40 342E 278
(b) (c) (d) 100% 279
13. 0.72 14. (i) (ii) 280
(a) 1,000,000 18322 1,000,000 (b) 1,000,000 1,000,000 281
(i) (ii) 11. (c) 1,000,000 183 22 1,000,000 282
(d) 11. 283
15. 284
I-1I-33 I-3 I-33 I-3I-33 1 200 I-1
1 1 I-3 10 I-2
5 163,821 171,116 (99,861) (115,630) 63,960 55,486 6 364 612 6 62 (301) (37,825) (39,179) (553) 8 26,561 16,065 9 (4,408) (2,738) 22,153 13,327 I-3
12 2,130 2,386 14 802 693 14 4,088 6,085 7,020 9,164 545 535 13 35,470 31,478 14 7,867 5,262 14 1,228 4,071 15 25,510 32,243 16 400 18 2,841 18 2,501 18 54,558 58,619 130,920 132,208 19 10,156 8,793 20 8,371 10,545 15 16,296 19,257 6,959 3,289 41,782 41,884 89,138 90,324 21 88 91 96,070 99,397 22 14,339 14,339 81,731 85,058 96,070 99,397 I-4
14,339 64,578 78,917 22,153 22,153 10 (5,000) (5,000) 14,339 81,731 96,070 13,327 13,327 10 (10,000) (10,000) 14,339 85,058 99,397 I-5
26,561 16,065 1,406 1,093 (4) 219 (165) (165) 27,798 17,212 (7,626) (3,772) 104 10 (1,278) 608 (8,797) 3,992 713 (3,098) 763 (3,591) (1,363) 895 2,174 8,981 15,763 (2,319) (6,405) 6,662 9,358 165 165 (1,155) (1,204) 19 9,400 2,501 (10,634) (20) 2,841 (400) 400 (2,625) 4,703 (5,000) (10,000) (963) 4,061 55,521 54,558 54,558 58,619 I-6
1. 22 3 KML Holdings LimitedKML Holdings KML Holdings 50% 50% 380,000 38,000,0000.01 0.01 KML Holdings KML Group (BVI) LimitedKML BVI 50,00050,000 1.00 KML BVI 1 1.00 4535 19 KML Holdings KML Holdings 46%35% 19% KML BVI414 KML Holdings KML BVI KML Holdings KML BVIKML Holdings 4,1403,465 1,881 KML BVI 83.47% 16.53% 1,932,722 KML Holdings 46%35% 19% I-7
5 26 2. 9 1 15 1 16 2 2 1 4 4 9 3 10 28 3 7 4 12 4 40 1 5 1 22 2 23 1 2 3 4 5 15 15 15 18 11 I-8
15 15 15 15 15 15 15 16 16 1617 16 16 16 17 16 23 6,200,00016 I-9
16 3. 2 17 2 36 I-10
I-11
I-12
I-13
I-14
I-15
4. 3 I-16
5. a 113,629 131,288 15,024 22,345 b 29,464 13,388 5,704 4,095 163,821 171,116 (a) (b) (i)(ii)(iii) (iv)(v) 3 137,255 161,996 2,130 2,386 4,862 2,493 12,965 51 8,561 6,503 178 73 163,821 171,116 2,130 2,386 I-17
10% A 66,018 104,318 B 43,876 21,433 10% 6. 165 165 a 107 b 18 403 74 44 364 612 4 (219) 58 (82) 62 (301) (a) (b) I-18
7. (a) a 20 20 60 100 2,356 426 474 1,068 4,324 b 34 36 87 157 18 18 86 122 2,356 498 548 1,301 4,703 a 60 60 60 180 1,308 490 520 1,104 3,422 18 18 88 124 1,308 568 598 1,252 3,726 (a) (b) I-19
(b) (a) 2,615 2,689 184 25 54 54 2,853 2,768 1,000,000 2 2 1,000,0011,500,000 1 1 8. 386 386 1,406 1,093 7 4,703 3,726 61,621 65,640 2,710 2,850 69,034 72,216 4,037 4,376 161 103 (58) 82 (4) 219 1,097 851 I-20
(i)(ii) 9. 4,225 2,735 220 4,445 2,735 21 (37) 3 4,408 2,738 16.5% 26,561 16,065 16.5% 4,383 2,651 (40) (29) 79 156 26 (40) (40) 4,408 2,738 10. 5,000,00010,000,000 I-21
11. 1 12. 5,988 755 560 4,172 1,956 13,431 284 503 52 316 1,155 (19) (46) (332) (26) (423) 6,253 1,258 566 4,156 1,930 14,163 234 342 33 262 333 364 1,568 (498) (303) (801) 6,487 1,102 599 4,115 2,263 364 14,930 5,078 707 495 3,474 1,281 11,035 414 112 38 591 251 1,406 (4) (46) (332) (26) (408) 5,488 819 487 3,733 1,506 12,033 340 101 52 210 317 73 1,093 (326) (256) (582) 5,828 594 539 3,687 1,823 73 12,544 910 48 65 698 675 2,396 765 439 79 423 424 2,130 659 508 60 428 440 291 2,386 20% I-22
13. 30 60 0 30 17,390 20,650 31 60 13,094 6,240 61 90 3,907 4,138 90 1,079 450 35,470 31,478 57% 80% 15,194,0006,169,000 31 60 10,208 1,581 61 90 3,907 4,138 90 1,079 450 15,194 6,169 215,000 4,145,000442,000 226,000 I-23
14. 4,088 6,085 802 693 4,890 6,778 7,867 5,262 438 1,533 29 651 298 425 429 677 362 185 25 203 34 35 1,228 4,071 13,985 16,111 1 7,867 5,262 4,088 6,085 11,955 11,347 I-24
15. 252,607 211,051 (243,393) (198,065) 9,214 12,986 25,510 32,243 (16,296) (19,257) 9,214 12,986 16. 400 400 423 400 17. 2,841 I-25
18. 0.01% 0.8% 0.01% 1.2% 0.6% 4.0% 4.2% 373 146 2,518 2,461 1,566 1,727 1,713 563 478 19. 3060 0 30 2,516 2,303 31 60 424 1,378 61 90 200 85 91 365 316 82 365 6,700 4,945 10,156 8,793 365 4,901,000 480,000 38,000 79,000262,000 1,205,000 38,000 I-26
20. 3,658 4,083 2,073 2,241 884 965 999 1,861 24 508 732 886 25 1 8,371 10,545 1 2 21. 272 (147) 125 9 (38) 1 (37) 234 (146) 88 9 16 (13) 3 250 (159) 91 22. 23. 2 5 I-27
24 4,063 5,282 4,089 918 8,152 6,200 24. c 2,356 1,308 bc 226 149 ac 3,960 3,960 c 161 103 (a) (b) (c) (i)(ii) 16 20 7 I-28
25. 5% 5% 8% 2,832,0002,974,000 8 26. KML BVI 1 100% 10,000,000 100% 100% 100% 4,339,264 100% 100% 100% 2,000,000 100% 100% I-29
27. 28. 108,888 103,451 15,570 16,132 2,518 2,461 79 373 146 262 2,169 1,928 1,205 480 789 478 38 38 5,711 I-30
10% 10% 204 205 9 12 63 37 477 18 I-31
31,031,000 29,347,000 87% 93% 1 % 1,910 8,246 10,156 10,156 5,150 264 5,414 5,414 7,060 8,510 15,570 15,570 1 % 2,104 6,689 8,793 8,793 7,339 7,339 7,339 9,443 6,689 16,132 16,132 I-32
29. 2,594,000 30. 364,000 31. 1,932,722 (i) D. (ii) 3,762,000,00038,000,000 3,800,000,0000.01 (iii) 2,999,900 299,990,000 (iv) 25,000,0002,500 32. I-33
A. 7.31 II-1
1 2 3 0.72 99,397 47,803 147,200 0.368 0.48 99,397 25,003 124,400 0.311 1. 2. 0.480.72 100,000,000 3. 400,000,000 II-2
4. 5. 25 0.48 0.249 0.720.306 II-3
II-1II-3 II-1 II-3 7.31 7 7 II-4
1 7.31(7) 3420 7.31 7 II-5
(a) (b) (c) 7.31(1) II-6
223 1. (a) 27(2) (b) 2. (a) (i) (ii) III-1
(iii) (i) (ii) (iii) (iv) (v) (iv) III-2
(30) (v) (vi) III-3
(vii) (20) (14) (20) III-4
(b) (i) (aa) (bb) (cc) (6) (dd) III-5
(ee) (ff) (ii) (a) (b) III-6
(iii) (iv) (v) III-7
(vi) (vii) 622 (viii) III-8
(aa) (bb) (cc) III-9
(dd) (ee) (c) (d) (e) (i) (15) III-10
(ii) III-11
(iii) (15)(18) (iv) (21)(20) (14)(10) (aa) (bb) (cc) (dd) (ee) III-12
(ff) (20%) (gg) (v) (vi) (f) III-13
(21) (g) III-14
(i) (ii) (a) (b) III-15
(h) (2) 2.50 1.00 (i) 3(f) (j) (i) (ii) III-16
(k) 3. (a) III-17
(b) (a)(b) (c)37 (d)(e) (c) (d) III-18
(e) III-19
(f) (a)(b) (c) (a)(b) (c) (d) (g) III-20
(h) (i) (ii)(iii) (i) (j) (1) (2) III-21
(k) (l) (m) (n) (o) (60) III-22
(p) 25% (q) (a)(b)(c) III-23
21 (r) (75%) (s) (4) (90%) (4)(2) (1) (t) III-24
4. III-25
A. 1. Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands B1216 2. (a) 380,00038,000,000 0.01 0.01 KML Holdings 3,762,000,000380,000 38,000,000 400,000,000 3,400,000,000 A.3. (b) IV-1
3. 4. 5. (a) (b) 3,762,000,000380,000 38,000,000 (c) (i) (ii) D. IV-2
(iii) 2,999,900 299,990,000 (d) 20% IV-3
(i) (ii) (iii) (e) 10% (i) (ii) (iii) (f) (d)(e) IV-4
10% 6. (a) (i) 10% (ii) IV-5
(iii) (b) 400,000,000 40,000,000 (c) (d) IV-6
(e) 26 26 25% IV-7
B. 1. (a) (b) KML Holdings Limited (c) (d) (e) 2. (a) MetroStile 9 300323108 9, 42 304102901 IV-8
(b) 9, 42 304102910 kml.com.hk kmltech.com.hk C. 1. (a) XV XV7 8 352 5.46 5.67 IV-9
13 162,000,000 40.5% 12 138,000,000 34.5% 12 138,000,000 34.5% (b) XV23 IV-10
10% KML Holdings 12 12 12 13 13 138,000,000 34.5% 138,000,000 34.5% 138,000,000 34.5% 162,000,000 40.5% 162,000,000 40.5% (1) (i)105,000,000 (ii) 57,000,000 (iii) KML Holdings 138,000,000 (2) KML Holdings 6,062 KML Holdings50% KML Holdings 6,061KML Holdings 50% (3) 2. (a) IV-11
1,068,0001,291,200621,600591,600 (b) 144,000 3. (a) 4.7 3.7 (b) 3.8 (c) 1,068,000 1,291,200 621,600 591,600 144,000 144,000 144,000 (d) IV-12
(e) (f) (1) (2) 4. E.3. E.8. 5. 24 6. (a) A. XV23 10% (b) XV IV-13
XV78 352 5.46 5.67 (c) E.7. (d) E.7. (e) E.7. (f) 5% (g) D. IV-14
23 (a) (i) (ii) (iii) (iii) (i) (ii) (iii) (iv) 10.00 (v) (aa) (bb) (cc) 10% IV-15
40,000,000 40,000,000 (bb) 10% 10%10% (cc) (dd) 10%10% (dd) 30% 30% (vi) 12 1% IV-16
(vii) (aa) (bb) 12 a. 0.1% b. 5 IV-17
(viii) (aa) (bb) (ix) 10 (x) (xi) IV-18
(xii) (xiii) 30 (xiv) (xv) (xiv) (xvi) (xvii) IV-19
(xviii) (xix) 10.18(3) (xx) (aa) (ix) (bb) (xii) IV-20
(cc) (xiii)(xiv)(xv)(xvii)(xviii) (xix) (dd) (xviii) (ee) (ff) (xix) (gg) (hh) (xxi) (v) (xxii) 10 (xxiii) (aa) 23.03 IV-21
(bb) (cc) (dd) (xxiv) (xxv) (b) 40,000,000 IV-22
E. 1. B.1. (a) (b) 1113543 (c) (d) (e) (a) (b) (c) (d) IV-23
2. 3. 4.6 4. 45,000 5. 6. 6A.19 IV-24
7. Conyers Dill & Pearman 8. E.7. 9. 44A44B 10. Conyers Trust Company (Cayman) Limited IV-25
11. 12. (a) (b) (c) 13. (a) (i) (aa) (bb) IV-26
(cc) (ii) (iii) (iv) 24 (v) E. 7. (aa) (bb) (vi) (vii) (viii) (ix) 14. 32L 4 IV-27
(i) (ii)e.8. (iii)b.1. (iv) 14 185 (a) (b) (c) (d) (e) (f) (g) (h) B.1. V-1
(i) E. 8. (j) (k) (l) (m) C.2. V-2
KML Technology Group Limited