PDF《OUR HISTORY AND REORGANISATION》

'

Warning'

'

on the cover of this Web Proof Information Pack. ―

96 ― A1A 29(1) A1A 29(2) SHAREHOLDING AND CORPORATE CHANGES OF OUR GROUP DURING THE TRACK RECORD PERIOD Our Group was under the ownership of Mr. Wang Muqing throughout the entire Track Record Period. The following depicts the shareholding structure of our Group as at

1 January 2007, being the beginning date of the Track Record Period: 100% 100% 100% 100% 100% 48% 45% 80% 90% 31% 77.27% 70% 23.33% 10% 30% 22.73% 50% 10% 80% 90% 30% 20% 80% 60% 40% 90% 40% 100% Hubei Shengze Inner Mongolia Dingjie (Note i) Wuhan Baoze (Note ii) Hubei Dingjie (Note iii) Shiyan Shenxie Wuhan Kaitai (Note iv) Shanghai Shenxie Huhhot Qibao Shanghai Luda (Note v) Hubei Bocheng (Note viii) Hubei Jierui Chenzhou Ruibao (Note vii) Changsha Ruibao (Note vi) Hubei Xinrui Yichang Baoze Wang Muqing Joy Capital Big Glory Rising Wave Wuhan Jietong Richie Wide Offshore Onshore PRC Note: (i) as to the remaining 52% equity interest, 20% was then held by Wuhan Xinboheng and as to 32% by Inner Mongolia Huadun, both of which were then companies controlled by Hubei Shengze. OUR HISTORY AND REORGANISATION THIS WEB PROOF INFORMATION PACK IS IN DRAFT FORM. The information contained in it is incomplete and is subject to change. This Web Proof Information Pack must be read in conjunction with the section headed '

'

Warning'

'

on the cover of this Web Proof Information Pack. ―

97 ― (ii) as to the remaining 31.67% equity interest, 15% was then held by Wuhan Jietong, which was then a company controlled by Hubei Shengze. As to 16.67% was then held by Ms. Xu Ling, one of the Wang Family members (namely the daughter-in-law of Mr. Wang Muqing.) (iii) as to the remaining 20% equity interest, all of which was then held by Wuhan Xinboheng, which was then a company controlled by Hubei Shengze. (iv) as to the remaining 39% equity interest, all of which was then held by Wuhan Zhongcheng, which was then a company controlled by Hubei Shengze. (v) as to the remaining 50% equity interest, 30% was then held by Shanghai Lushi, which was then a company controlled by Hubei Shengze. As to 20% was then held by Ms. Xu Ling, one of the Wang Family (namely the daughter-in-law of Mr. Wang Muqing) (vi) as to the remaining 60% equity interest, all of which was then held by Beijing Jiaruiya, which was then a company controlled by Hubei Shengze. (vii) as to the remaining 10% equity interest, all of which was then held by Beijing Jiaruiya, which was then a company controlled by Hubei Shengze. (viii) as to the remaining 20% equity interest, all of which was then held by Shanghai Lushi, which was then a company controlled by Hubei Shengze. OUR HISTORY AND REORGANISATION THIS WEB PROOF INFORMATION PACK IS IN DRAFT FORM. The information contained in it is incomplete and is subject to change. This Web Proof Information Pack must be read in conjunction with the section headed '

'

Warning'

'

on the cover of this Web Proof Information Pack. ―

98 ― The following depicts the shareholding structure of our Group as at

1 September 2009, being the date prior to our carrying out the Reorganisation: 31% 90% 80% 75% 77.27% 40% 70% 40% 80% 80% 60% 30% 10% 20% 22.73% 60% 80% 50% 70% 70% 10% 90% 30% 20% 100% 90% 60% 23.33% 20% 20% 20% 40% 61.67% 80% 40% 100% 100% 100% 100% 100% Zhuhai Baoze Inner Mongolia Dingjie Shiyan Shenxie Wuhan Kaitai Note (ii) Shanghai Shenxie Shenxie Shentong Huhhot Qibao Changsha Ruibao Note (v) Dongguan Jieyunhang Nanchang Baoze Guangzhou Baoze Hubei Shengze Hubei Bocheng Note (iv) Chenzhou Ruibao Note (vi) Yichang Baoze Wuhan Baoze Hubei Xinrui Hubei Dingjie Note (i) Baotou Baoze Shanghai Luda Note (iii) Hubei Jierui Offshore Onshore PRC Wang Muqing Big Glory Rising Wave Joy Capital Wuhan Jietong Richie Wide Shanghai Aohui Note (vii) Notes: (i) as to the remaining 80% equity interest, all of which was then held by Beijing Jiaruiya, which was then a company controlled by Hubei Shengze. (ii) as to the remaining 39% equity interest, all of which was then held by Wuhan Zhongcheng, which was then a company controlled by Hubei Shengze. (iii) as to the remaining 50% equity interest, 30% was then held by Shanghai Lushi, which was then a company controlled by Hubei Shengze. As to 20% was then held by Ms. Xu Ling, one of the Wang Family members (namely the daughter-in-law of Mr. Wang Muqing). (iv) as to the remaining 20% equity interest, all of which was then held by Shanghai Lushi, which was then a company controlled by Hubei Shengze. (v) as to the remaining 60% equity interest, all of which was then held by Beijing Jiaruiya, which was then a company controlled by Hubei Shengze. (vi) as to the remaining 10% equity interest, all of which was then held by Beijing Jiaruiya, which was then a company controlled by Hubei Shengze. (vii) as to the remaining 30% equity interest, all of which was then held by Shanghai Lushi, which was then a company controlled by Hubei Shengze. OUR HISTORY AND REORGANISATION THIS WEB PROOF INFORMATION PACK IS IN DRAFT FORM. The information contained in it is incomplete and is subject to change. This Web Proof Information Pack must be read in conjunction with the section headed '