PDF《中国东方集团控股有限公司》

31 December 2016,

2017 and

2018 will not exceed the amounts set out below: For the year ending

31 December RMB

2016 54,000,000 (Note 1)

2017 108,000,000

2018 108,000,000 Note 1: the transaction figures for the purchase of the Specified Products by Jinxi Limited and/or its subsidiaries from Xinxuan Coal and/or its subsidiaries only covered the period from

30 September

2016 to

31 December 2016.

4 The Xinxuan Annual Cap has been determined after taking into account of (i) the demand of the Specified Products estimated by the Company and/or its subsidiaries;

(ii) the prevailing market price of the Specified Products;

and (iii) the anticipated market price of the Specified Products during the term of the Xinxuan Framework Agreement. Reasons and benefits for entering into the Xinxuan Framework Agreement The principal activities of the Group are manufacturing and sale of steel products, trading of steel products and iron ore and real estate business. Dolomite, iron powder, coke, lime and related products are raw materials for production of iron and steel products. The transactions contemplated under the Xinxuan Framework Agreement will occur on a regular and continuing basis in the ordinary and usual course of business of the Group. By entering into the Xinxuan Framework Agreement, the Group can ensure a steady supply of dolomite, iron powder, coke, lime and related products which is crucial for the Group'

s existing iron and steel production business. GENERAL INFORMATION OF THE PARTIES Information of Jinxi Limited and the Group Jinxi Limited is a limited company established in the PRC and is a 97.6% indirect non-wholly owned subsidiary of the Company. Jinxi Li........