PDF《中国东方集团控股有限公司*》

31 December 2015,

2014 and

2013 are approximately 16%, 20% and 19% respectively. The Company is expecting the return on equity of Bank of Cangzhou will maintain at 10% to 16% for the year ended

31 December

2016 and subsequent years;

Further, China Banking Regulatory Commission imposes stringent regulatory framework on commercial banks in China. In addition, after completion of the legal and financial due diligence on Bank of Cangzhou, the findings is its assets are in good quality and there are no material issues or risks. The Investment risk is acceptable;

(b) the Investment will be financed by the Group'

s internal financial resources, and is expecting the Investment will bring along the Group with positive effect on the financial performance and operating cash flow. In addition, it would let the Group further strengthen its cooperation relationship with the Bank of Cangzhou and achieve a complementary strategy;

(c) the Investment is in the interests of the Company and its Shareholders as a whole. Notwithstanding the aforesaid, the Board has reviewed and considered the above factors, approved the terms of the Investment under the Investment in Shares Agreement in accordance with the requirements of the Company'

s bye-laws. IMPLICATION UNDER THE LISTING RULES As the relevant applicable percentage ratios (as defin........