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(e)0.5 (s)13.1 ( )0.5 (t)0.6 (o)13 ( )0.5 (t)0.6 (h)0.5 (e)51 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Investment Agreements)Tj -13.083 -2.462 Td (\223Jiangsu Electric )Tj 0 Tc ( )Tj 0.025 Tc 1 -1.231 Td (under China Energy\224)Tj 0.077 Tc 0.07 Tw 12.083 1.231 Td [(Jiangsu)12.2 ( Electric)12.2 ( Power)12.2 ( Co.,)12.2 ( Ltd.)12.2 ( under)12.2 ( China)52 ( )]TJ 0.045 Tc 0 -1.231 Td [(Energy,)12.9 ( a)12.9 ( connected)12.9 ( person)12.9 ( of)12.9 ( the)12.9 ( Company)12.9 ( and)20 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (one of the parties to the Investment Agreements)Tj -13.083 -2.462 Td (\223Listing Rules\224)Tj 0.044 Tc 0.07 Tw 13.083 0 Td [(t)0.5 (h)0.6 (e)13.1 ( )0.5 (R)0.6 (u)0.5 (l)0.6 (e)0.5 (s)13.1 ( )0.5 (G)0.6 (o)0.5 (v)0.6 (e)0.5 (r)0.6 (n)0.5 (i)0.6 (n)0.5 (g)13.1 ( )0.5 (t)0.6 (h)0.5 (e)13.1 ( )0.5 (L)0.6 (i)0.5 (s)0.6 (t)0.5 (i)0.6 (n)0.5 (g)13.1 ( )0.5 (o)0.6 (f)13 ( )0.6 (S)0.5 (e)0.6 (c)0.5 (u)0.6 (r)0.5 (i)0.6 (t)0.5 (i)0.6 (e)0.5 (s)13.1 ( )0.5 (o)0.6 (n)19 ( )]TJ 0.025 Tc 0 Tw 0 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(o)0.6 (f)13 ( )0.6 (t)0.5 (h)0.5 (e)13.1 ( )0.5 (p)0.6 (a)0.5 (r)0.6 (t)0.5 (i)0.6 (e)0.5 (s)13.1 ( )0.5 (t)0.6 (o)13 ( )0.5 (t)0.6 (h)0.5 (e)51 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Investment Agreements)Tj -0.025 Tw -13.083 -2.462 Td (\223Director\(s\)\224)Tj 0 Tw 13.083 0 Td (the director\(s\) of the Company)Tj -13.083 -2.462 Td (\223Dongfang Wind Power\224)Tj 0.047 Tc 0.07 Tw 13.083 0 Td [(Dongfang)12.4 ( Electric)12.4 ( Wind)12.3 ( Power)12.4 ( Co.,)12.4 ( Ltd.*)12.4 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 19.78 0 Td <060702D9>Tj -19.78 -1.231 Td <0F650902082C0F650670038503DE082202AE0321>Tj /T1_0 1 Tf 0.035 Tc 0.073 Tw [(\))10.1 (,)10 ( )0.5 (one)10 ( )0.5 (of)10 ( )0.5 (the)10 ( )0.5 (parties)10 ( )0.5 (to)10 ( )0.5 (the)10.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Investment Agreements)Tj ET endstream endobj 41 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 18 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.061 Tc 0.07 Tw 13 0 0 13 113.3858 773.5878 Tm [(Huanghai)12.5 ( Huineng)12.5 ( is)12.5 ( a)12.5 ( company)12.5 ( incorporated)12.5 ( in)12.5 ( the)12.5 ( PRC)12.5 ( with)12.5 ( limited)36 ( )]TJ 0.054 Tc 0 -1.231 Td [(liability)12.5 ( and)12.4 ( is)12.5 ( principally)12.5 ( engaged)12.4 ( in)12.5 ( construction)12.4 ( project)12.5 ( engineering,)29 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(construction)1 ( )0.5 (project)1 ( )0.5 (design,)1 ( )0.5 (and)1 ( )0.5 (construction)1 ( )0.5 (project)1.1 ( )]TJ -0.026 Tw 23.141 0 Td (supervision)Tj 0.025 Tc 0.083 Tw [(. A)-1.1 (s )0.5 (o)-1.2 (f )0.5 (t)-1.2 (h)-1.1 (e )]TJ 0.036 Tw -23.141 -1.231 Td (date of this announcement, Huanghai Huineng is a wholly-owned subsidiary\ )Tj 0.029 Tc 0.079 Tw 0 -1.231 Td [(of)4 ( )0.6 (Yancheng)4.1 ( Innovation)4 ( )0.5 (and)4 ( )0.5 (Entrepreneurship)4 ( )0.6 (Investment)4 ( )0.5 (Co.,)4 ( )0.5 (Ltd.*)4 ( )0.5 (\()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 30.682 0 Td <173E06EC>Tj -30.682 -1.231 Td <03390BF40E2D0BF40E3804B30F1F03DE082202AE0321>Tj /T1_0 1 Tf 0.043 Tc 0.07 Tw [(\))18 ( \(its)12.7 ( ultimate)12.7 ( beneficial)12.7 ( owner)12.7 ( is)12.7 ( the)12.7 ( Yancheng)18 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Municipal People\222s Government \()Tj /C0_0 1 Tf -0.025 Tw <173E06EC0339025B034F074105B4>Tj /T1_0 1 Tf (\)\).)Tj 0.064 Tc 0.07 Tw 0 -2.462 Td [(Dayang)12.8 ( Precision)12.9 ( Forging)12.8 ( is)12.9 ( a)12.9 ( company)12.9 ( incorporated)12.9 ( in)12.8 ( the)12.9 ( PRC)12.9 ( with)39 ( )]TJ 0.036 Tc 0.072 Tw 0 -1.231 Td [(limited)11.1 ( )0.5 (liability)11 ( )0.5 (and)11 ( )0.5 (is)11 ( )0.5 (principally)11 ( )0.5 (engaged)11 ( )0.5 (in)11 ( )0.5 (the)11 ( )0.6 (manufacturing)11 ( )0.5 (and)11 ( )0.5 (sales)11 ( )]TJ 0.05 Tc 0.07 Tw 0 -1.231 Td [(of)12.8 ( automotive)12.8 ( parts,)12.8 ( metal)12.8 ( products,)12.8 ( mechanical)12.8 ( parts,)12.8 ( and)12.8 ( other)12.8 ( related)25 ( )]TJ 0.025 Tc 0.075 Tw 0 -1.231 Td [(businesses. )0.5 (As )0.5 (of )0.5 (the )0.6 (date )0.5 (of )0.5 (this )0.5 (announcement, )0.5 (Dayang )0.5 (Precision )0.5 (Forging )]TJ 0.026 Tw 0 -1.231 Td [(is )0.5 (held )0.5 (as )0.5 (to )0.5 (71% )0.5 (by )0.5 (Song Yinsheng )0.5 (\()]TJ /C0_0 1 Tf -0.025 Tw <048210D5035B>Tj /T1_0 1 Tf 0.026 Tw [(\), )0.5 (27% )0.5 (by )0.5 (Shen )0.5 (Hongmei )0.5 (\()]TJ /C0_0 1 Tf -0.025 Tw <04CF07CE>Tj 0 Tc 0 Tw 0 -1.231 Td <0AE0>Tj /T1_0 1 Tf 0.025 Tc 0.037 Tw 1.025 0 Td (\) and 2% by Zhang Jun \()Tj /C0_0 1 Tf -0.025 Tw <0A7514BA>Tj /T1_0 1 Tf 0.037 Tw (\), respectively. To the Directors\222 knowledge )Tj 0.049 Tc 0.07 Tw -1.025 -1.231 Td [(having)12.6 ( made)12.5 ( all)12.6 ( reasonable)12.6 ( enquiries,)12.5 ( they)12.6 ( are)12.6 ( independent)12.6 ( third)12.5 ( parties)24 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (other than the Company and its connected persons.)Tj 0.005 Tw 0 -2.462 Td (Yuanjing Energy is a company incorporated in the PRC with limited liabil\ ity )Tj 0.048 Tc 0.07 Tw 0 -1.231 Td [(and)12 ( is)12.1 ( principally)12.1 ( engaged)12.1 ( in)12 ( the)12 ( research)12.1 ( and)12.1 ( development,)12.1 ( production,)23 ( )]TJ 0.055 Tc 0 -1.231 Td [(and)12.7 ( provision)12.7 ( of)12.7 ( related)12.8 ( technical)12.7 ( training,)12.7 ( consulting,)12.7 ( and)12.7 ( services)12.7 ( for)30 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(wind)1 ( )0.5 (power)1 ( )0.5 (generation)1 ( )0.5 (equipment)1 ( )0.5 (of)1 ( )0.5 (1)1 (.)1 (5)1 ( )0.5 (MW)1 ( )0.5 (and)1 ( )0.5 (above.)1 ( )0.5 (As)1 ( )0.5 (of)1 ( )0.6 (the)1 ( )0.5 (date)1 ( )0.5 (of)1 ( )]TJ 0.051 Tc 0.07 Tw 0 -1.231 Td [(this)12.3 ( announcement,)12.2 ( Yuanjing)12.3 ( Energy)12.2 ( is)12.3 ( held)12.3 ( as)12.3 ( to)12.3 ( 9)12.2 (9)12.3 (.)12.3 (9)12.3 (9)12.3 (9)12.2 (%)12.3 ( by)12.2 ( Envision)26 ( )]TJ 0.033 Tc 0.075 Tw 0 -1.231 Td [(Energy)8 ( )0.5 (International)8 ( )0.5 (Limited)8 ( )0.5 (and)8 ( )0.5 (0)8 (.)8 (0)8 (0)8 (1)8 (%)8 ( )0.5 (by)8 ( )0.5 (Jiangyin)8 ( )0.5 (Yuanjing)8 ( )0.5 (Enterprise)8.1 ( )]TJ 0.13 Tc 0.07 Tw 0 -1.231 Td [(Management)12.3 ( Co.,)12.3 ( Ltd.*)12.2 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 13.173 0 Td <03EA0BD510C30C7B03860E38104D0B2303DE082202AE0321>Tj /T1_0 1 Tf 0.13 Tc 0.07 Tw [(\))105 ( \(its)12.2 ( ultimate)105.1 ( )]TJ 0.025 Tc 0 Tw -13.173 -1.231 Td (beneficial owner is Zhang Lei \()Tj /C0_0 1 Tf -0.025 Tw <0A750F64>Tj /T1_0 1 Tf 0 Tw (\)\), respectively.)Tj 0.055 Tw 0 -2.462 Td (Yueda Investment is a joint stock limited company incorporated in the PR\ C )Tj 0.03 Tc 0.078 Tw 0 -1.231 Td [(\(Stock)5 ( )0.5 (Code:)5 ( )0.5 (6)5 (0)5 (0)5 (8)5 (0)5 (5)5 (.)5 ( )0.5 (SH\))5 ( )0.5 (and)5 ( )0.5 (is)5 ( )0.5 (principally)5 ( )0.5 (engaged)4.9 ( )0.6 (in)5 ( )0.5 (power)5 ( )0.5 (generation,)5 ( )]TJ 0.071 Tc -0.071 Tw 0 -1.231 Td (transmission)Tj 0 Tc 0 Tw (,)Tj 0.071 Tc 0.07 Tw 6.218 0 Td [( supply)12.4 ( \(distribution\))]TJ [(,)12.4 ( carbon)12.3 ( asset)12.4 ( management,)12.3 ( textile)46 ( )]TJ 0.056 Tc -6.218 -1.231 Td [(production,)12.1 ( tractor)12.1 ( production,)12.1 ( special)12.1 ( vehicle)12.1 ( production)12.1 ( and)12.1 ( logistics)]TJ 0 Tc 0 Tw 32.732 0 Td ( )Tj 0.025 Tc -0.025 Tw -32.732 -1.231 Td (services.)Tj 0.059 Tc 0.07 Tw 0 -2.462 Td [(Jiangsu)12.2 ( Changfeng)12.2 ( is)12.2 ( a)12.2 ( company)12.2 ( incorporated)12.2 ( in)12.3 ( the)12.2 ( PRC)12.2 ( with)12.2 ( limited)34 ( )]TJ 0.025 Tc 0.083 Tw 0 -1.231 Td [(liability )0.5 (and )0.5 (is )0.5 (principally )0.5 (engaged in )0.5 (the )0.5 (design, )0.5 (manufacturing, sales, )0.5 (and )]TJ 0.03 Tc 0.078 Tw 0 -1.231 Td [(installation)5 ( )0.5 (of)5 ( )0.5 (specialized)5 ( )0.5 (equipment)5 ( )0.5 (for)5 ( )0.5 (ocean)5.1 ( )0.5 (engineering.)4.9 ( )0.6 (As)5 ( )0.5 (of)5 ( )0.5 (the)5 ( )0.5 (date)5 ( )]TJ 0.033 Tc 0.075 Tw 0 -1.231 Td [(of)8.1 ( )0.5 (this)8 ( )0.5 (announcement,)8 ( )0.5 (Jiangsu)8 ( )0.5 (Changfeng)8 ( )0.5 (is)8 ( )]TJ -0.033 Tw 19.728 0 Td (indirectly)Tj 0.075 Tw 4.154 0 Td [( )0.5 (held)8 ( )0.5 (as)8.1 ( )0.5 (to)8 ( )]TJ 0.025 Tc 0.083 Tw 5.002 0 Td [(100% )0.5 (b)-7.9 (y )]TJ 0.055 Tw -28.884 -1.231 Td (Titan Wind Energy \(Suzhou\) Co,. Ltd. \(its ultimate beneficial owner i\ s Yan )Tj -0.025 Tw 0 -1.231 Td (Junxu\).)Tj ET endstream endobj 40 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 17 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.028 Tc 0.08 Tw 13 0 0 13 113.3858 773.5878 Tm [(Jiangsu)3 ( )0.5 (Dongdian)3 ( )0.5 (New)3 ( )0.5 (Energy)3 ( )0.5 (is)3 ( )0.5 (a)3 ( )0.5 (company)3 ( )0.5 (incorporated)3 ( )0.5 (in)3 ( )0.5 (the)3 ( )0.5 (PRC)3 ( )0.5 (with)3 ( )]TJ 0.033 Tc 0.075 Tw 0 -1.231 Td [(limited)8 ( )0.5 (liability)8 ( )0.5 (and)8 ( )0.5 (is)8 ( )0.5 (principally)8 ( )0.5 (engaged)8 ( )0.5 (in)8 ( )0.5 (the)8 ( )0.5 (development)8 ( )0.5 (business)8 ( )0.5 (of)8 ( )]TJ 0.034 Tc 0.074 Tw 0 -1.231 Td [(wind)9 ( )0.5 (energy,)9 ( )0.5 (tidal)9 ( )0.5 (energy,)9 ( )0.5 (solar)9 ( )0.5 (energy,)9 ( )0.5 (geothermal)9 ( )0.5 (energy,)9 ( )0.6 (ocean)9 ( )0.5 (energy,)9.1 ( )]TJ 0.025 Tc 0.03 Tw 0 -1.231 Td (and biomass energy. As of the date of this announcement, Jiangsu Dongdia\ n )Tj 0.041 Tc 0.07 Tw 0 -1.231 Td [(New)12.9 ( Energy)12.9 ( is)12.9 ( a)12.9 ( wholly-owned)12.8 ( subsidiary)12.8 ( of)12.9 ( Jiangsu)12.9 ( Donghe)12.9 ( Investment)16 ( )]TJ 0.073 Tc 0 -1.231 Td [(G)0.5 (ro)0.5 (u)0.5 (p)12.9 ( )0.5 (Co)0.5 (.)0.5 (,)12.9 ( )0.5 (Lt)0.5 (d)0.5 (.*)13 ( )0.5 (\()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 8.875 0 Td <03EA163D0607057104B30F1F0DAB0FA003DE082202AE0321>Tj /T1_0 1 Tf 0.073 Tc 0.07 Tw [(\))48 ( )0.5 (\()0.5 (it)0.5 (s)13 ( u)0.5 (lt)0.5 (i)0.5 (ma)0.5 (te)13 ( )0.5 (b)0.5 (en)0.5 (e)0.5 (fi)0.5 (ci)0.5 (a)0.5 (l)48 ( )]TJ 0.03 Tc 0.078 Tw -8.875 -1.231 Td [(owner)5 ( )0.5 (is)5 ( )0.5 (the)5 ( )0.5 (State-owned)5 ( )0.5 (Assets)5 ( )0.5 (Supervision)4.9 ( )0.6 (and)5 ( )0.5 (Administration)5 ( )0.5 (Office)5 ( )0.5 (of)5 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Rudong County Government \()Tj /C0_0 1 Tf -0.025 Tw <03BD06071324074105B40A3703DE0F1F0B2A10390E96104D0B23136C02AE0703>Tj /T1_0 1 Tf (\)\).)Tj 0.052 Tc 0.07 Tw 0 -2.462 Td [(Dongfang)12.7 ( Wind)12.8 ( Power)12.8 ( is)12.8 ( a)12.8 ( joint)12.8 ( stock)12.8 ( limited)12.7 ( company)12.7 ( incorporated)12.7 ( in)27 ( )]TJ 0.027 Tc 0.081 Tw 0 -1.231 Td [(the)2 ( )0.5 (PRC)2 ( )0.5 (and)1.9 ( )0.5 (is)2 ( )0.5 (principally)2 ( )0.5 (engaged)2 ( in)2 ( )0.5 (manufacturing)1.9 ( )0.5 (of)2 ( )0.5 (new)2 ( )0.5 (energy)2 ( )0.5 (power)2 ( )]TJ 0.025 Tc 0.008 Tw 0 -1.231 Td [(equipment, sales )0.5 (of )0.5 (new energy power )0.5 (equipment, )0.5 (and )0.5 (sales )0.5 (of )0.5 (wind )0.5 (turbines )]TJ 0.057 Tc 0.07 Tw 0 -1.231 Td [(and)12.7 ( components.)12.7 ( As)12.7 ( of)12.7 ( the)12.7 ( date)12.7 ( of)12.8 ( this)12.7 ( announcement,)12.6 ( Dongfang)12.7 ( Wind)32 ( )]TJ 0.025 Tc 0.042 Tw 0 -1.231 Td (Power is held as to \(i\) 41.1940% by Dongfang Electric Corporation Limi\ ted )Tj 0.004 Tw 0 -1.231 Td (\(Stock Codes: 600875. SH, 01072. HK\), \(ii\) 24.8698% by Dongfang Turb\ ine )Tj 0.079 Tc 0.07 Tw 0 -1.231 Td [(Co.,)12.6 ( Ltd.*)12.6 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 5.647 0 Td <060702D90F6509020DAB0FA0060702D904DB124312DA03DE082202AE0321>Tj /T1_0 1 Tf 0.079 Tc 0.07 Tw [(\))54 ( \(its)12.6 ( ultimate)12.6 ( beneficial)53.9 ( )]TJ 0.025 Tc 0.057 Tw -5.647 -1.231 Td (owner is the SASAC\), \(iii\) 13.3662% by Dongfang Electric Machinery Co\ ., )Tj 0.051 Tc 0.07 Tw 0 -1.231 Td [(Ltd.*)12.7 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 3.109 0 Td <060702D90F6509020DAB0FA0060702D90F6512DA03DE082202AE0321>Tj /T1_0 1 Tf 0.051 Tc 0.07 Tw [(\))26 ( \(its)12.8 ( ultimate)12.8 ( beneficial)12.7 ( owner)12.7 ( is)26 ( )]TJ 0.025 Tc 0.062 Tw -3.109 -1.231 Td (the SASAC\), \(iv\) 8.7011% by Xiamen Dongfang Fengxin No. 1 Investment \ )Tj 0.06 Tc 0.07 Tw 0 -1.231 Td [(Partnership)12.3 ( \(Limited)12.2 ( Partnership\)*)12.2 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 16.832 0 Td [<0E020698060702D9082C34A502530EEE04B30F1F03A50FAB03860E38>500 <008003DE>]TJ -16.832 -1.231 Td <082203A50FAB>Tj /T1_0 1 Tf 0.081 Tw (\)\) \(a limited partnership with Xiamen Dongfang Fengxin Consulting )Tj 0.078 Tc 0.07 Tw 0 -1.231 Td [(Co.,)12.7 ( Ltd.*)12.7 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 5.634 0 Td <0E020698060702D9082C34A513540F1403DE082202AE0321>Tj /T1_0 1 Tf 0.078 Tc 0.07 Tw [(\))53 ( as)12.7 ( a)12.8 ( managing)12.7 ( partner,)12.7 ( to)12.8 ( the)53 ( )]TJ 0.05 Tc -5.634 -1.231 Td [(Directors\222)12.5 ( knowledge)12.5 ( having)12.5 ( made)12.5 ( all)12.5 ( reasonable)12.5 ( enquiries,)12.4 ( its)12.5 ( ultimate)25 ( )]TJ 0 -1.231 Td [(investors)12.5 ( are)12.5 ( multiple)12.4 ( natural)12.4 ( persons)12.5 ( who)12.4 ( are)12.4 ( independent)12.4 ( third)12.4 ( parties)25 ( )]TJ 0.025 Tc 0.045 Tw 0 -1.231 Td (other than the Company and its connected persons\), \(v\) 5.0214% by Bei\ jing )Tj 0.043 Tc 0.07 Tw 0 -1.231 Td [(Lianyilifeng)12.3 ( Technology)12.3 ( Partnership)12.3 ( \(Limited)12.3 ( Partnership\)*)12.3 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 27.607 0 Td <030F052F144C05F8043B>Tj -27.607 -1.231 Td [<152E07C504A603A50FAB03860E38>500 <008003DE082203A50FAB>]TJ /T1_0 1 Tf 0.07 Tw [(\)\) )0.5 (\(its )0.5 (ultimate )0.5 (beneficial )0.5 (owners )0.5 (are )0.5 (Chen Zhou )]TJ 0 Tc 0 Tw 0 -1.231 Td (\()Tj /C0_0 1 Tf 1.034 Tc -1.034 Tw 0.492 0 Td <0BD30772>Tj /T1_0 1 Tf 0.047 Tc 0.07 Tw 3.194 0 Td [(\))12.6 ( and)12.6 ( He)12.6 ( Gongwei)12.6 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 8.995 0 Td <041E030C06FE>Tj /T1_0 1 Tf 0.047 Tc 0.07 Tw [(\))22 (,)12.6 ( to)12.6 ( the)12.6 ( Directors\222)12.6 ( knowledge)12.6 ( having)22 ( )]TJ 0.059 Tc -12.681 -1.231 Td [(made)12.4 ( all)12.3 ( reasonable)12.4 ( enquiries,)12.3 ( they)12.4 ( are)12.4 ( independent)12.4 ( third)12.4 ( parties)12.4 ( other)34 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(than)6 ( )0.5 (the)6 ( )0.5 (Company)6.1 ( )0.5 (and)6 ( )0.6 (its)6 ( )0.5 (connected)6 ( )0.5 (persons\),)6 ( )0.5 (\(vi\))6.1 ( )0.5 (4)6 (.)6 (1)6 (0)6 (8)6 (4)6 (%)6 ( )0.5 (by)6 ( )0.5 (Chongqing)6 ( )]TJ 0.035 Tc 0.073 Tw 0 -1.231 Td [(Yijianxuan)10 ( )0.5 (Technology)10 ( )0.5 (Partnership)10 ( )0.5 (\(Limited)10 ( )0.6 (Partnership\)*)10 ( )0.5 (\()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 26.582 0 Td <0820114506EF0A0409D007C5>Tj -26.582 -1.231 Td [<04A603A50FAB03860E38>500 <008003DE082203A50FAB>]TJ /T1_0 1 Tf 0.062 Tw (\)\) \(its ultimate beneficial owners are Zhou Changguo )Tj 0 Tc 0 Tw 0 -1.231 Td (\()Tj /C0_0 1 Tf 1.044 Tc -1.044 Tw 0.502 0 Td <057405F90A37>Tj /T1_0 1 Tf 0.057 Tc 0.07 Tw 5.258 0 Td [(\))12.7 ( and)12.7 ( Chen)12.7 ( Yiguang)12.6 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 10 0 Td <0BD306EF0388>Tj /T1_0 1 Tf 0.057 Tc 0.07 Tw [(\))32 (,)12.7 ( to)12.6 ( the)12.6 ( Directors\222)12.7 ( knowledge)32 ( )]TJ 0.049 Tc -15.761 -1.231 Td [(having)12.6 ( made)12.5 ( all)12.6 ( reasonable)12.6 ( enquiries,)12.5 ( they)12.6 ( are)12.6 ( independent)12.6 ( third)12.5 ( parties)24 ( )]TJ 0.038 Tc 0 -1.231 Td [(other)12.2 ( than)12.2 ( the)12.2 ( Company)12.2 ( and)12.2 ( its)12.2 ( connected)12.2 ( persons\),)12.2 ( and)12.2 ( \(vii\))12.1 ( 2)12.2 (.)12.2 (7)12.2 (3)12.1 (9)12.2 (0)12.2 (%)12.2 ( by)13 ( )]TJ 0.025 Tc 0.08 Tw 0 -1.231 Td (Shandong Longma Wind Energy Equipment Co., Ltd.* \()Tj /C0_0 1 Tf -0.025 Tw <0286060713B209F5082C09900F000BEA>Tj 0 -1.231 Td <03DE082202AE0321>Tj /T1_0 1 Tf 0.045 Tc 0.07 Tw [(\))20 ( \(its)12.1 ( ultimate)12.1 ( beneficial)12.1 ( owners)12.1 ( are)12.1 ( Qiao)12.1 ( Shuangqing)12.1 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 29.024 0 Td <0C1015501145>Tj /T1_0 1 Tf (\), )Tj 0.053 Tc 0.07 Tw -29.024 -1.231 Td [(Deng)12.4 ( Jianshuang)12.3 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 8.434 0 Td <124E07141550>Tj /T1_0 1 Tf 0.053 Tc 0.07 Tw [(\))28 ( and)12.3 ( Jia)12.3 ( Conggang)12.3 ( \()]TJ /C0_0 1 Tf 0.025 Tc -0.025 Tw 12.657 0 Td <0F200A7D085D>Tj /T1_0 1 Tf 0.053 Tc 0.07 Tw [(\))28 (,)12.3 ( to)12.3 ( the)12.4 ( Directors\222)28 ( )]TJ 0.025 Tc 0.049 Tw -21.091 -1.231 Td (knowledge having made all reasonable enquiries, they are independent thi\ rd )Tj 0 Tw 0 -1.231 Td (parties other than the Company and its connected persons\), respectively\ .)Tj ET endstream endobj 33 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 16 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm [(V. )-883.5 (GENERAL INFORMATION)]TJ 2.181 -2.462 Td [(\(I\) )-775.5 (Information on the Company and Hero Asia)]TJ /T1_0 1 Tf 0.051 Tc 0.07 Tw 2.18 -2.462 Td [(The)12.7 ( Company)12.7 ( is)12.7 ( a)12.7 ( leading)12.8 ( wind)12.7 ( power)12.8 ( generation)12.7 ( company)12.7 ( in)12.8 ( the)12.7 ( PRC,)26 ( )]TJ 0.042 Tc 0 -1.231 Td [(primarily)12.2 ( engaged)12.1 ( in)12.2 ( the)12.2 ( design,)12.2 ( development,)12.1 ( construction,)12.2 ( management)17 ( )]TJ 0.067 Tc 0 -1.231 Td [(and)12.4 ( operation)12.4 ( of)12.4 ( wind)12.4 ( farms.)12.4 ( In)12.4 ( addition)12.4 ( to)12.4 ( the)12.4 ( wind)12.4 ( power)12.4 ( business,)42 ( )]TJ 0.05 Tc 0 -1.231 Td [(th)0.5 (e)12.9 ( )0.5 (Co)0.5 (mp)0.5 (an)0.5 (y)12.9 ( a)0.5 (ls)0.5 (o)12.9 ( )0.5 (op)0.5 (er)0.5 (at)0.5 (es)13 ( o)0.5 (th)0.5 (er)13 ( p)0.5 (ow)0.5 (er)13 ( p)0.5 (roj)0.5 (e)0.5 (cts)13 ( s)0.5 (uc)0.5 (h)12.9 ( )0.5 (as)13 ( s)0.5 (ol)0.5 (ar)0.5 (,)12.9 ( )]TJ -0.05 Tw 28.782 0 Td [(ti)0.5 (da)0.5 (l)]TJ 0.07 Tw 2.013 0 Td [( a)0.5 (nd)25.1 ( )]TJ 0.045 Tc -30.795 -1.231 Td [(ge)0.5 (other)0.5 (mal)13 ( ene)0.5 (rgy)0.5 (.)12.9 ( Me)0.5 (anw)0.5 (hile)0.5 (,)12.9 ( the)13 ( C)0.5 (ompa)0.5 (ny)12.9 ( a)0.5 (lso)12.9 ( )0.5 (prov)0.5 (ides)13 ( con)0.5 (sult)0.5 (ation)0.5 (,)20 ( )]TJ 0.047 Tc 0 -1.231 Td [(repair)12.1 ( and)12.1 ( maintenance,)12.2 ( training)12.1 ( and)12.2 ( other)12.1 ( professional)12.1 ( services)12.2 ( to)12.2 ( wind)22 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (farms.)Tj 0.024 Tc 0 Tw 0 -2.462 Td [(H)0.6 (e)0.5 (r)0.6 (o)0.5 ( )0.5 (A)0.6 (s)0.5 (i)0.6 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0.03 Tw 0 -1.231 Td (related businesses. 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-1.231 Td (resource advantages of Jiangsu Electric under China Energy and respectiv\ e equity )Tj 0.026 Tc 0.082 Tw 0 -1.231 Td [(participants,)1 ( )0.5 (thereby)1 ( )0.5 (further)1 ( )0.5 (leveraging)1 ( )0.5 (the)1 ( )0.5 (Company\222s)1 ( )0.5 (specialized)1 ( )0.5 (expertise)1 ( )0.5 (and)1 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(t)0.5 (e)0.5 (c)0.5 (h)0.5 (n)0.5 (o)0.5 (l)0.6 (og)0.5 (i)0.6 (c)0.5 (a)0.5 (l)4 ( )0.5 (s)0.5 (t)0.5 (r)0.5 (e)0.5 (n)0.5 (g)0.5 (t)0.5 (h)0.5 (s)4 ( )0.6 (in)4.1 ( )0.5 (t)0.5 (h)0.5 (e)4 ( )0.5 (o)0.5 (f)0.5 (f)0.5 (s)0.5 (h)0.5 (o)0.5 (r)0.5 (e)4 ( )0.5 (w)0.6 (i)0.5 (n)0.5 (d)4 ( )0.5 (p)0.5 (o)0.5 (w)0.5 (e)0.5 (r)4 ( )0.5 (s)0.6 (e)0.5 (c)0.5 (t)0.5 (o)0.5 (r)0.5 (,)4 ( )0.5 (a)0.5 (c)0.5 (h)0.5 (i)0.5 (e)0.6 (v)0.5 (i)0.5 (n)0.5 (g)4 ( )0.5 (a)4 ( )0.5 (p)0.5 (o)0.5 (w)0.5 (e)0.5 (r)0.5 (f)0.5 (u)0.5 (l)4.1 ( )]TJ 0.03 Tc 0.078 Tw 0 -1.231 Td [(alliance,)5 ( )0.5 (and)5 ( )0.5 (jointly)5 ( )0.5 (developing,)5 ( )0.5 (constructing)5 ( )0.5 (and)5 ( 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Td (there is no circumstance that will prejudice the interests of the Compan\ y and all )Tj 0.037 Tc 0.071 Tw 0 -1.231 Td [(shareholders,)12 ( )0.5 (particularly)12 ( )0.5 (minority)12 ( )0.5 (shareholders.)12 ( )0.5 (The)12 ( )]TJ -0.037 Tw 23.745 0 Td (aforesaid)Tj 0.071 Tw 3.983 0 Td [( )0.5 (subsidiaries)12 ( )0.5 (are)12 ( )]TJ 0.025 Tc 0.008 Tw -27.728 -1.231 Td (currently in the preparatory stage of establishment, which will not have\ a material )Tj 0.043 Tc 0.07 Tw 0 -1.231 Td [(impact)12.5 ( on)12.4 ( the)12.5 ( Company\222s)12.4 ( production)12.5 ( or)12.4 ( operations)12.4 ( in)12.5 ( the)12.5 ( short)12.5 ( term,)12.5 ( and)12.4 ( will)18 ( )]TJ 0.041 Tc 0 -1.231 Td [(have)12.9 ( a)12.9 ( positive)12.8 ( impact)12.8 ( on)12.9 ( the)12.9 ( Company\222s)12.8 ( operational)12.8 ( development)12.9 ( in)12.8 ( the)12.9 ( long)16 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (term.)Tj 0.028 Tc 0.08 Tw 0 -2.462 Td [(The)3 ( )0.5 (Directors)3 ( )0.5 (\(including)3 ( )0.5 (independent)3 ( 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0.02 Tw 0 -1.231 Td (Energy, being an indirect subsidiary of CHN Energy, also constitutes a c\ onnected )Tj 0.038 Tw 0 -1.231 Td (person of the Company under Chapter 14A of the Listing Rules and therefo\ re the )Tj 0.038 Tc 0.07 Tw 0 -1.231 Td [(Transaction)12.5 ( constitutes)12.6 ( a)12.5 ( connected)12.6 ( transaction)12.6 ( of)12.5 ( the)12.6 ( Company)12.5 ( under)12.5 ( Chapter)13 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (14A of the Listing Rules.)Tj 0.065 Tc 0.07 Tw 0 -2.462 Td [(A)0.5 (s)13.1 ( )0.5 (o)0.5 (n)0.5 (e)13 ( )0.6 (o)0.5 (r)13 ( )0.5 (m)0.6 (o)0.5 (r)0.5 (e)13.1 ( )0.5 (o)0.5 (f)13 ( )0.5 (t)0.6 (h)0.5 (e)13 ( )0.5 (a)0.6 (p)0.5 (p)0.5 (l)0.5 (i)0.5 (c)0.6 (a)0.5 (b)0.5 (l)0.5 (e)13.1 ( )0.5 (p)0.5 (e)0.6 (r)0.5 (c)0.5 (e)0.5 (n)0.6 (t)0.5 (a)0.5 (g)0.5 (e)13.1 ( )0.5 (r)0.5 (a)0.6 (t)0.5 (i)0.5 (o)0.5 (\()0.5 (s)0.6 (\))13 ( )0.5 (\()0.5 (a)0.6 (s)13 ( )0.5 (d)0.5 (e)0.6 (f)0.5 (i)0.5 (n)0.5 (e)0.6 (d)13 ( )0.5 (u)0.5 (n)0.5 (d)0.6 (e)0.5 (r)13 ( )0.6 (t)0.5 (h)0.5 (e)40 ( )]TJ 0.033 Tc 0.075 Tw 0 -1.231 Td [(L)0.5 (i)0.6 (s)0.5 (t)0.6 (i)0.5 (n)0.6 (g)8 ( )0.5 (R)0.5 (u)0.6 (l)0.5 (e)0.6 (s)0.5 (\))8 ( )0.5 (o)0.6 (f)8 ( )0.5 (t)0.5 (h)0.6 (e)8 ( )0.5 (T)0.5 (r)0.6 (a)0.5 (n)0.6 (s)0.6 (a)0.5 (c)0.6 (t)0.5 (i)0.5 (o)0.6 (n)8 ( )0.5 (i)0.5 (s)8 ( )0.6 (\()0.5 (a)0.6 (r)0.5 (e)0.6 (\))8 ( )0.5 (m)0.5 (o)0.6 (r)0.5 (e)8 ( )0.5 (t)0.6 (h)0.5 (a)0.6 (n)8 ( )0.5 (0)8 (.)8 (1)8 (%)8 ( )0.5 (b)0.6 (u)0.5 (t)8 ( )0.5 (l)0.6 (e)0.5 (s)0.6 (s)8 ( )0.5 (t)0.5 (h)0.6 (a)0.5 (n)8 ( )0.5 (5)8 (%)0.6 (,)8 ( )0.5 (t)0.5 (h)0.6 (e)8 ( )]TJ 0.025 Tc 0.061 Tw 0 -1.231 Td (Transaction shall be subject to the reporting and announcement requireme\ nts but )Tj 0.028 Tc 0.08 Tw 0 -1.231 Td [(exempt)3 ( )0.5 (from)3 ( )0.5 (the)3 ( )0.5 (independent)3 ( )0.5 (shareholders\222)3 ( )0.5 (approval)3 ( )0.5 (requirement)3 ( )0.5 (under)3 ( )0.5 (Chapter)3.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (14A of the Listing Rules.)Tj ET endstream endobj 60 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 14 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.028 Tw 13 0 0 13 141.7323 773.5878 Tm [(\(4\) )-636.5 (The board of directors shall establish an audit and risk committee, )]TJ 0.063 Tc 0.07 Tw 2.181 -1.192 Td [(the)12.8 ( establishment,)12.7 ( personnel)12.7 ( composition)12.7 ( and)12.7 ( adjustments)12.7 ( of)38 ( )]TJ 0.035 Tc 0.073 Tw 0 -1.192 Td [(w)0.5 (h)0.5 (ic)0.5 (h)10 ( )0.5 (s)0.5 (h)0.5 (a)0.5 (l)0.5 (l)10 ( )0.5 (be)10.1 ( )0.5 (pr)0.5 (o)0.5 (p)0.5 (o)0.5 (se)0.5 (d)10 ( )0.5 (b)0.5 (y)10 ( )0.5 (t)0.5 (h)0.5 (e)10 ( )0.5 (c)0.5 (h)0.5 (ai)0.5 (r)0.5 (m)0.5 (a)0.5 (n)10 ( )0.5 (a)0.5 (f)0.5 (te)0.5 (r)10 ( )0.5 (c)0.5 (o)0.5 (n)0.5 (s)0.5 (ul)0.5 (t)0.5 (a)0.5 (t)0.5 (io)0.5 (n)10 ( )0.5 (w)0.5 (i)0.5 (t)0.5 (h)9.9 ( )]TJ 0.025 Tc 0.06 Tw 0 -1.192 Td (relevant directors, take effect upon consideration and approval by )Tj 0.026 Tc 0.082 Tw 0 -1.192 Td [(the)1 ( )0.5 (board)1 ( )0.5 (of)1.1 ( directors)1 ( )0.5 (and)1 ( )0.5 (be)1.1 ( )0.5 (reported)1 ( )0.5 (to)1 ( )0.5 (shareholders)1 ( )0.5 (for)1 ( )0.5 (record.)1 ( )]TJ 0.041 Tc 0.07 Tw 0 -1.192 Td [(The)12.5 ( audit)12.6 ( and)12.6 ( risk)12.6 ( committee)12.6 ( shall)12.6 ( in)12.6 ( principle)12.6 ( be)12.6 ( composed)12.6 ( of)16 ( )]TJ 0.025 Tc 0 Tw 0 -1.192 Td (external directors.)Tj /T1_1 1 Tf 13 0 3.4833 13 112.0517 649.5878 Tm [(4. )-1105.5 (Conditions for effectiveness)]TJ /T1_0 1 Tf 0.665 Tw 13 0 0 13 141.7323 618.5878 Tm [(\(1\) )0.5 (T)-87.2 (h)-87.2 (e)-74.7 ( )]TJ 0.112 Tc 0.07 Tw 4.492 0 Td [(Investment)12.3 ( Agreement)]TJ 11.426 0 Td [( shall)12.3 ( be)12.3 ( signed)12.3 ( by)12.3 ( the)12.3 ( legal)87 ( )]TJ 0.06 Tc -13.737 -1.192 Td [(representatives)12.7 ( \(principal\))12.8 ( or)12.7 ( their)12.8 ( authorized)12.7 ( representatives)35 ( )]TJ 0.041 Tc 0 -1.192 Td [(of)12 ( the)12.1 ( parties)12.1 ( and)12.1 ( affixed)12.1 ( with)12.1 ( the)12.1 ( official)12 ( corporate)12.1 ( seal)12 ( or)12 ( the)16 ( )]TJ 0.025 Tc 0 Tw 0 -1.192 Td (specialized contract seal of each party;)Tj 0.062 Tc 0.07 Tw -2.181 -2.462 Td [(\()37 (2)37 (\))37 ( )-557.5 (A)13 ( )0.5 (p)0.5 (a)0.5 (r)0.5 (ty)13 ( )0.5 (s)0.5 (h)0.5 (a)0.5 (l)0.5 (l)13 ( )0.5 (i)0.5 (s)0.5 (su)0.5 (e)13 ( )0.5 (a)13 ( )0.5 (l)0.5 (e)0.5 (t)0.5 (t)0.5 (e)0.5 (r)13 ( t)0.5 (o)13 ( )0.5 (o)0.5 (t)0.5 (h)0.5 (e)0.5 (r)13 ( )0.5 (pa)0.5 (r)0.5 (t)0.5 (i)0.5 (e)0.5 (s)13 ( )0.5 (s)0.5 (t)0.5 (a)0.5 (t)0.5 (in)0.5 (g)13 ( )0.5 (t)0.5 (h)0.5 (a)0.5 (t)13 ( i)0.5 (t)13 ( )0.5 (h)0.5 (a)0.5 (s)37 ( )]TJ 0.025 Tc 0.079 Tw 2.181 -1.231 Td (completed all decision-making procedures in accordance with the )Tj 0 Tw 0 -1.231 Td (governance process.)Tj /T1_1 1 Tf 13 0 3.4833 13 112.0517 476.0878 Tm [(5. )-1105.5 (Liabilities on default)]TJ /T1_0 1 Tf 0.043 Tc 0.07 Tw 13 0 0 13 141.7323 444.0878 Tm [(In)12.7 ( the)12.7 ( event)12.7 ( that)12.7 ( a)12.8 ( party)12.7 ( breaches)12.7 ( its)12.8 ( obligations)12.7 ( other)12.7 ( than)12.7 ( the)12.7 ( duty)18 ( )]TJ 0.044 Tc 0 -1.231 Td [(to)12.2 ( pay)12.2 ( the)12.3 ( registered)12.2 ( capital)12.2 ( contribution,)12.3 ( the)12.3 ( defaulting)12.3 ( party)12.2 ( shall,)19 ( )]TJ 0.036 Tc 0.072 Tw 0 -1.231 Td [(except)11 ( )0.5 (in)10.9 ( )0.5 (the)11 ( )0.5 (event)11 ( )0.5 (of)11 ( )0.5 (force)11.1 ( )0.5 (majeure,)11 ( )0.5 (compensate)11 ( )0.5 (the)11 ( )0.5 (observant)11 ( )0.5 (party)11 ( )]TJ 0 -1.231 Td [(a)0.5 (n)0.6 (d)0.5 (/)0.5 (o)0.5 (r)11 ( )0.5 (S)0.6 (h)0.5 (e)0.5 (y)0.5 (a)0.6 (n)0.5 (g)11 ( )0.5 (L)0.5 (o)0.6 (n)0.5 (g)0.5 (y)0.5 (u)0.6 (a)0.5 (n)11 ( )0.5 (f)0.5 (o)0.6 (r)11 ( )0.5 (t)0.5 (h)0.5 (e)11 ( )0.5 (d)0.5 (i)0.6 (r)0.5 (e)0.5 (c)0.6 (t)11 ( )0.5 (e)0.5 (c)0.5 (o)0.6 (n)0.5 (o)0.5 (m)0.5 (i)0.6 (c)11 ( )0.5 (l)0.5 (o)0.5 (s)0.5 (s)11.1 ( )0.5 (c)0.5 (a)0.5 (u)0.6 (s)0.5 (e)0.5 (d)11 ( )0.5 (b)0.6 (y)11 ( )0.5 (t)0.5 (h)0.5 (e)11 ( )]TJ 0.057 Tc 0.07 Tw 0 -1.231 Td [(de)0.5 (fa)0.5 (ulti)0.5 (ng)12.9 ( )0.5 (par)0.5 (ty\222s)13 ( b)0.5 (rea)0.5 (ch)0.5 (.)12.9 ( In)13 ( t)0.5 (he)12.9 ( )0.5 (eve)0.5 (nt)12.9 ( )0.5 (of)12.9 ( )0.5 (a)12.9 ( d)0.5 (ef)0.5 (aul)0.5 (t)12.9 ( b)0.5 (y)12.9 ( e)0.5 (ithe)0.5 (r)12.9 ( )0.5 (par)0.5 (ty)32 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(under)4 ( )0.5 (the)4 ( )]TJ 4.438 0 Td [(Investment)4 ( )0.5 (Agreement)]TJ [(,)4 ( )0.5 (the)4 ( )0.5 (observant)4 ( )0.5 (party)4 ( )0.5 (shall)4 ( )0.5 (be)4 ( )0.5 (entitled)4 ( )]TJ 0.038 Tc 0.07 Tw -4.438 -1.231 Td [(to)12.8 ( request)12.8 ( the)12.8 ( defaulting)12.8 ( party)12.7 ( to)12.8 ( continue)12.8 ( to)12.7 ( perform)12.8 ( the)12.8 ( )]TJ -0.038 Tw [(Investment)13 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (Agreement)Tj 0.037 Tw ( or to terminate the )Tj (Investment Agreement)Tj ( early, in addition )Tj 0 Tw 0 -1.231 Td (to the defaulting party being liable for such default.)Tj /T1_1 1 Tf 0.125 Tc 0.07 Tw -6.541 -2.462 Td [(I)100 (I)100 (.)100 ( )-632.5 (BASIS)12.2 ( FOR)12.3 ( DETERMINING)12.2 ( THE)12.2 ( CONSIDERATION)12.2 ( FOR)12.3 ( THE)100 ( )]TJ 0.025 Tc -0.025 Tw 2.181 -1.231 Td (TRANSACTION)Tj /T1_0 1 Tf 0.04 Tc 0.07 Tw 0 -2.462 Td [(The)12.6 ( Transaction)12.6 ( adheres)12.7 ( to)12.7 ( the)12.7 ( principles)12.7 ( of)12.7 ( fairness)12.6 ( and)12.6 ( impartiality,)12.6 ( with)12.6 ( all)15 ( )]TJ 0.057 Tc 0 -1.231 Td [(parties)12.3 ( making)12.3 ( capital)12.3 ( contributions)12.3 ( in)12.3 ( proportion)12.3 ( to)12.3 ( their)12.4 ( respective)12.4 ( equity)32 ( )]TJ 0.03 Tc 0.078 Tw 0 -1.231 Td [(interests.)5 ( )0.5 (The)5 ( )0.5 (amount)5 ( )0.5 (of)5 ( )0.5 (capital)5 ( )0.5 (contributions)5 ( )0.5 (under)5 ( )0.5 (the)5 ( )0.6 (Investment)5.1 ( )0.5 (Agreements)5 ( )]TJ 0.069 Tc 0.07 Tw 0 -1.231 Td [(shall)12.7 ( be)12.6 ( determined)12.6 ( after)12.7 ( arm\222s)12.6 ( length)12.6 ( negotiation)12.6 ( among)12.7 ( the)12.7 ( parties.)12.7 ( The)44 ( )]TJ 0.076 Tc 0 -1.231 Td [(Transaction)12.4 ( complies)12.4 ( with)12.4 ( relevant)12.4 ( laws)12.4 ( and)12.4 ( regulations,)12.4 ( and)12.4 ( there)12.4 ( is)12.5 ( no)51 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (circumstance that will prejudice the interests of the Company or its sha\ reholders.)Tj ET endstream endobj 59 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 13 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.055 Tc 0.07 Tw 13 0 0 13 141.7323 773.5878 Tm [(If)12.2 ( shareholder\(s\))12.2 ( fail\(s\))12.1 ( to)12.2 ( pay)12.2 ( the)12.2 ( capital)12.2 ( contribution)12.1 ( on)12.1 ( time,)12.2 ( it/)]TJ 0.037 Tc 0.071 Tw 0 -1.231 Td [(they)12 ( is/are)12.1 ( )0.5 (obliged)12 ( )0.5 (to)12 ( )0.5 (cooperate)12 ( )0.5 (with)12 ( )0.5 (the)12 ( )0.5 (resolution)12 ( )0.5 (plan)12 ( )0.5 (proposed)12 ( )0.5 (by)12 ( )]TJ 0.025 Tc 0.02 Tw 0 -1.231 Td (shareholder\(s\) who has/have paid the capital contribution in full and \ on )Tj 0.032 Tc 0.076 Tw 0 -1.231 Td [(schedule.)7 ( )0.5 (If)7 ( )0.5 (the)7 ( )0.5 (resolution)7 ( )0.5 (plan)7 ( )0.5 (can)7 ( )0.5 (not)7 ( )0.5 (be)7 ( )0.5 (implemented)7 ( )0.5 (or)7 ( )0.5 (completed)7 ( )]TJ 0.042 Tc 0.07 Tw 0 -1.231 Td [(due)12.9 ( to)12.9 ( shareholder\(s\))12.9 ( failing)12.9 ( to)12.9 ( pay)12.9 ( the)12.9 ( capital)12.9 ( contribution)12.9 ( on)12.9 ( time,)17 ( )]TJ 0.025 Tc 0.019 Tw 0 -1.231 Td (such shareholders shall, in addition to continuously assume the liabilit\ y )Tj 0.039 Tc 0.07 Tw 0 -1.231 Td [(to)12.8 ( make)12.8 ( up)12.7 ( the)12.8 ( capital)12.8 ( contribution,)12.7 ( assume)12.7 ( the)12.7 ( liability)12.7 ( to)12.7 ( repay)12.7 ( the)14 ( )]TJ 0.025 Tc 0.01 Tw 0 -1.231 Td (outstanding capital contribution and interest to the creditors of Sheyan\ g )Tj 0.017 Tc 0 Tw 0 -1.231 Td [(Longyuan within the scope of the unpaid capital contribution and assume)-8 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(the)6 ( )0.5 (liability)6 ( )0.5 (for)6.1 ( breach)6.1 ( )0.5 (of)6 ( )0.5 (contract)6 ( )0.5 (due)6 ( )0.5 (to)6 ( )0.5 (delayed)6 ( )0.5 (capital)6 ( )0.5 (contribution)6 ( )]TJ 0.025 Tc 0.065 Tw 0 -1.231 Td [(to )0.5 (the shareholder\(s\) )0.5 (who )0.5 (has/have )0.5 (paid )0.5 (the )0.5 (capital )0.5 (contribution )0.5 (in )0.5 (full )]TJ 0.043 Tc 0.07 Tw 0 -1.192 Td [(and)12.4 ( on)12.5 ( schedule,)12.4 ( also)12.4 ( compensate)12.4 ( the)12.4 ( aforesaid)12.4 ( entities)12.4 ( for)12.5 ( all)12.4 ( other)18 ( )]TJ 0.058 Tc 0 -1.192 Td [(economic)12.2 ( losses)12.2 ( incurred)12.2 ( in)12.2 ( the)12.2 ( event)12.2 ( that)12.2 ( they)12.2 ( cause)12.2 ( other)12.2 ( losses)33 ( )]TJ 0.047 Tc 0 -1.192 Td [(to)12.8 ( Sheyang)12.8 ( Longyuan,)12.8 ( shareholder\(s\))12.8 ( who)12.8 ( has/have)12.8 ( paid)12.8 ( the)12.8 ( capital)22 ( )]TJ 0.025 Tc 0 Tw 0 -1.192 Td (contribution in full and on schedule, or creditors of Sheyang Longyuan.)Tj /T1_1 1 Tf 13 0 3.4833 13 112.0517 520.5878 Tm [(3. )-1105.5 (Organizational structure)]TJ /T1_0 1 Tf 0.021 Tw 13 0 0 13 141.7323 489.5878 Tm [(\(1\) )-643.5 (Sheyang )0.5 (Longyuan )0.5 (shall )0.5 (set )0.5 (up )0.6 (a )]TJ 16.546 0 Td [(shareholders\222 )0.5 (meeting)]TJ [( )0.6 (consisting )]TJ 0.031 Tc 0.077 Tw -14.366 -1.192 Td [(of)6 ( )0.5 (all)6 ( )0.5 (of)6 ( )0.5 (its)6 ( )0.5 (shareholders.)6.1 ( The)6 ( )]TJ 13.382 0 Td [(shareholders\222)6 ( )0.5 (meeting)]TJ 9.571 0 Td [( )0.5 (shall)6 ( )0.5 (be)6 ( )0.5 (the)6 ( )]TJ 0.026 Tc 0.082 Tw -22.953 -1.192 Td [(highest)1 ( )0.5 (authority)1 ( )0.5 (of)1 ( )0.5 (Sheyang)1 ( )0.5 (Longyuan,)1 ( )0.5 (and)1 ( )0.5 (its)1 ( )0.5 (powers)1 ( )0.5 (and)1 ( )0.5 (rules)1 ( )]TJ 0.051 Tc 0.07 Tw 0 -1.192 Td [(of)12.5 ( procedure)12.6 ( shall)12.5 ( be)12.5 ( in)12.5 ( accordance)12.5 ( with)12.5 ( the)12.6 ( provisions)12.5 ( of)12.5 ( the)26 ( )]TJ 0.025 Tc 0.044 Tw 0 -1.192 Td (Company Law and relevant laws and the articles of association of )Tj 0 Tw 0 -1.192 Td (Sheyang Longyuan.)Tj 0.05 Tc 0.07 Tw -2.181 -2.385 Td [(\()25 (2)25 (\))25 ( )-569.5 (S)0.5 (h)0.5 (e)0.5 (y)0.5 (a)0.5 (ng)13 ( )0.5 (L)0.5 (o)0.5 (n)0.5 (g)0.5 (y)0.5 (ua)0.5 (n)13 ( )0.5 (s)0.5 (h)0.5 (a)0.5 (l)0.5 (l)13 ( s)0.5 (e)0.5 (t)13 ( )0.5 (u)0.5 (p)13 ( )0.5 (a)13 ( b)0.5 (o)0.5 (a)0.5 (r)0.5 (d)13 ( )0.5 (o)0.5 (f)13 ( d)0.5 (i)0.5 (r)0.5 (e)0.5 (c)0.5 (t)0.5 (o)0.5 (rs)13 ( )0.5 (c)0.5 (o)0.5 (n)0.5 (s)0.5 (i)0.5 (s)0.5 (t)0.5 (in)0.5 (g)25 ( )]TJ 0.037 Tc 0.071 Tw 2.181 -1.192 Td [(five)12 ( )0.5 (directors,)12 ( )0.5 (among)12 ( )0.5 (which,)12 ( )0.5 (three)12 ( )0.5 (to)12 ( )0.5 (be)12 ( )0.5 (elected)12 ( )0.5 (by)12 ( )0.5 (the)12 ( )0.6 (board)12 ( )0.5 (of)12 ( )]TJ 0.04 Tc 0.07 Tw 0 -1.192 Td [(shareholders)12.2 ( from)12.2 ( among)12.2 ( the)12.2 ( candidates)12.2 ( to)12.2 ( be)12.3 ( recommended)12.2 ( by)15 ( )]TJ 0.025 Tc 0.058 Tw 0 -1.192 Td (Longyuan Power)Tj (, one to be elected from among the candidates to )Tj 0.048 Tw 0 -1.192 Td (be recommended by )Tj (Jiangsu Electric under China Energy)Tj ( and one )Tj 0.038 Tc 0.07 Tw 0 -1.192 Td [(to)12.9 ( be)12.8 ( elected)12.8 ( from)12.8 ( among)12.8 ( the)12.8 ( candidates)12.8 ( to)12.8 ( be)12.9 ( recommended)12.8 ( by)13 ( )]TJ 0.023 Tc 0 Tw 0 -1.192 Td [(Y)0.6 (u)0.5 (e)0.6 (d)0.5 (a)0.6 ( )0.5 (I)0.6 (n)0.5 (v)0.6 (e)0.5 (s)0.6 (t)0.5 (m)0.6 (e)0.5 (n)0.6 (t)]TJ 7.663 0 Td [(.)0.5 ( )0.6 (T)0.5 (h)0.6 (e)0.6 ( )0.5 (b)0.5 (o)0.6 (a)0.5 (r)0.6 (d)0.5 ( )0.6 (o)0.5 (f)0.6 ( )0.5 (d)0.6 (i)0.5 (r)0.6 (e)0.5 (c)0.6 (t)0.5 (o)0.6 (r)0.5 (s)0.6 ( )0.5 (s)0.6 (h)0.5 (a)0.6 (l)0.5 (l)0.6 ( )0.5 (h)0.6 (a)0.5 (v)0.6 (e)0.5 ( )0.6 (o)0.5 (n)0.6 (e)0.5 ( )0.6 (c)0.5 (h)0.6 (a)0.5 (i)0.6 (r)0.6 (m)0.5 (a)0.6 (n)0.5 (,)-2 ( )]TJ 0.025 Tc 0.002 Tw -7.663 -1.192 Td (who shall be recommended by )Tj (Longyuan Power)Tj ( and elected by the )Tj 0.081 Tw 0 -1.192 Td (board of directors. The chairman shall be the legal representative )Tj 0.031 Tc 0.077 Tw 0 -1.192 Td [(of)6 ( )0.6 (She)0.5 (ya)0.5 (ng)6 ( )0.5 (L)0.5 (ong)0.5 (yua)0.5 (n.)6.1 ( T)0.5 (he)6.1 ( )0.5 (pow)0.5 (er)0.5 (s)6 ( )0.5 (an)0.5 (d)6 ( )0.5 (ru)0.5 (le)0.5 (s)6 ( )0.5 (of)6 ( )0.5 (p)0.5 (ro)0.5 (ce)0.5 (dur)0.5 (e)6 ( )0.5 (of)6.1 ( )0.5 (the)6.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.192 Td (board of directors shall be in accordance with the provisions of the )Tj 0.044 Tw 0 -1.192 Td (Company Law and relevant laws and the articles of association of )Tj 0 Tw 0 -1.192 Td (Sheyang Longyuan.)Tj 0.076 Tw -2.181 -2.385 Td [(\(3\) )-588.5 (Sheyang Longyuan shall have one general manager, who shall be )]TJ 0.05 Tc 0.07 Tw 2.181 -1.192 Td [(recommended)12.5 ( by)12.4 ( )]TJ [(Longyuan)12.4 ( Power)]TJ 15.637 0 Td [( and)12.4 ( appointed)12.4 ( or)12.4 ( dismissed)25 ( )]TJ 0.042 Tc -15.637 -1.192 Td [(by)12.4 ( the)12.5 ( board)12.4 ( of)12.4 ( directors.)12.4 ( The)12.4 ( powers)12.5 ( and)12.4 ( duties)12.5 ( 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The directors shall be recommended by shareholders)-2.9 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(in)6 ( )0.5 (proportion)6 ( )0.5 (to)6 ( )0.5 (their)6.1 ( )0.5 (shareholdings)6 ( )0.5 (through)6 ( )0.5 (consultation,)6 ( )0.5 (among)6 ( )]TJ 0.037 Tc 0.071 Tw 0 -1.231 Td [(which,)12 ( )0.5 (three)12 ( )0.5 (to)12.1 ( )0.5 (be)12 ( )0.5 (recommended)12 ( )0.5 (by)12 ( )0.5 (Longyuan)12 ( )0.5 (Power,)12 ( )0.5 (one)12 ( )0.5 (to)12 ( )0.5 (be)12 ( )]TJ 0.025 Tc 0.067 Tw 0 -1.231 Td (recommended by Jiangsu Electric under China Energy and one to )Tj 0.045 Tc 0.07 Tw 0 -1.231 Td [(be)12.5 ( recommended)12.5 ( by)12.4 ( Jiangsu)12.5 ( Dongdian)12.5 ( New)12.5 ( Energy.)12.5 ( The)12.6 ( board)20 ( )]TJ 0.027 Tc 0.081 Tw 0 -1.231 Td [(of)2 ( )0.5 (directors)2 ( )0.5 (shall)2 ( have)2 ( )0.5 (one)2 ( )0.5 (chairman,)2 ( )0.5 (who)2.1 ( shall)2 ( )0.5 (be)2 ( )0.5 (recommended)2 ( )]TJ 0.034 Tc -0.034 Tw 0 -1.231 Td [(b)-12.6 (y )]TJ 0.047 Tc 0.07 Tw 1.447 0 Td [(Longyuan)12.9 ( Power)]TJ 7.557 0 Td [( and)12.9 ( elected)12.9 ( by)12.9 ( the)12.9 ( board)12.9 ( of)12.9 ( directors.)12.9 ( The)22 ( )]TJ 0.037 Tc 0.071 Tw -9.005 -1.231 Td [(chairman)12 ( )0.5 (shall)12 ( )0.5 (be)12 ( )0.5 (the)12 ( )0.5 (legal)12 ( )0.5 (representative)12 ( )0.5 (of)12 ( )0.5 (Rudong)12 ( )0.5 (Longyuan.)12 ( )]TJ 0.025 Tc 0 -1.231 Td (The powers and rules of procedure of the board of directors shall )Tj 0.047 Tc 0.07 Tw 0 -1.231 Td [(be)12.6 ( in)12.6 ( accordance)12.6 ( with)12.6 ( the)12.6 ( provisions)12.6 ( of)12.6 ( the)12.6 ( Company)12.6 ( Law)12.6 ( and)22.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (relevant laws and the articles of association of Rudong Longyuan.)Tj 0.031 Tc 0.077 Tw -2.181 -2.462 Td [(\()6 (3)6 (\))6 ( )-581.5 (Rudong)6 ( )0.5 (Longyuan)6 ( )0.5 (shall)6 ( )0.5 (have)6 ( )0.5 (one)6 ( )0.5 (general)6 ( )0.5 (manager,)6 ( )0.5 (who)6 ( )0.5 (shall)6 ( )0.5 (be)6 ( )]TJ 0.05 Tc 0.07 Tw 2.181 -1.231 Td [(recommended)12.5 ( by)12.4 ( )]TJ [(Longyuan)12.4 ( Power)]TJ 15.637 0 Td [( and)12.4 ( appointed)12.5 ( or)12.4 ( dismissed)25 ( )]TJ 0.042 Tc -15.637 -1.231 Td [(by)12.4 ( the)12.5 ( board)12.4 ( of)12.4 ( directors.)12.4 ( The)12.4 ( powers)12.5 ( and)12.4 ( duties)12.5 ( of)12.5 ( the)12.5 ( general)17 ( )]TJ 0.086 Tc 0 -1.231 Td [(manager)12.7 ( shall)12.6 ( be)12.7 ( in)12.7 ( accordance)12.7 ( with)12.7 ( the)12.7 ( provisions)12.7 ( of)12.7 ( the)61 ( )]TJ 0.025 Tc 0.044 Tw 0 -1.231 Td (Company Law and relevant laws and the articles of association of )Tj 0 Tw 0 -1.231 Td (Rudong Longyuan.)Tj -2.181 -2.462 Td [(\(4\) )-664.5 (Rudong Longyuan shall not set up a supervisory board.)]TJ /T1_1 1 Tf 13 0 3.4833 13 112.0517 421.5878 Tm [(4. )-1105.5 (Conditions for effectiveness)]TJ /T1_0 1 Tf 0.665 Tw 13 0 0 13 141.7322 389.5878 Tm [(\(1\) )0.5 (T)-87.2 (h)-87.2 (e)-74.7 ( )]TJ 0.112 Tc 0.07 Tw 4.492 0 Td [(Investment)12.3 ( Agreement)]TJ 11.426 0 Td [( shall)12.3 ( be)12.3 ( signed)12.3 ( by)12.3 ( the)12.3 ( legal)87 ( )]TJ 0.06 Tc -13.737 -1.231 Td [(representatives)12.7 ( \(principal\))12.7 ( or)12.7 ( their)12.8 ( authorized)12.7 ( representatives)35 ( )]TJ 0.041 Tc 0 -1.231 Td [(of)12 ( the)12.1 ( parties)12.1 ( and)12.1 ( affixed)12.1 ( with)12.1 ( the)12.1 ( official)12 ( corporate)12.1 ( seal)12 ( or)12 ( the)16 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (specialized contract seal of each party;)Tj 0.062 Tc 0.07 Tw -2.181 -2.462 Td [(\()37 (2)37 (\))37 ( )-557.5 (A)13 ( )0.5 (p)0.5 (a)0.5 (r)0.5 (ty)13 ( )0.5 (s)0.5 (h)0.5 (a)0.5 (l)0.5 (l)13 ( )0.5 (i)0.5 (s)0.5 (su)0.5 (e)13 ( )0.5 (a)13 ( )0.5 (l)0.5 (e)0.5 (t)0.5 (t)0.5 (e)0.5 (r)13 ( t)0.5 (o)13 ( )0.5 (o)0.5 (t)0.5 (h)0.5 (e)0.5 (r)13 ( )0.5 (pa)0.5 (r)0.5 (t)0.5 (i)0.5 (e)0.5 (s)13 ( )0.5 (s)0.5 (t)0.5 (a)0.5 (t)0.5 (in)0.5 (g)13 ( )0.5 (t)0.5 (h)0.5 (a)0.5 (t)13 ( i)0.5 (t)13 ( )0.5 (h)0.5 (a)0.5 (s)37 ( )]TJ 0.025 Tc 0.079 Tw 2.181 -1.231 Td (completed all decision-making procedures in accordance with the )Tj 0 Tw 0 -1.231 Td (governance process.)Tj /T1_1 1 Tf 13 0 3.4833 13 112.0517 245.5878 Tm [(5. )-1105.5 (Liabilities on default)]TJ /T1_0 1 Tf 0.043 Tc 0.07 Tw 13 0 0 13 141.7322 213.5878 Tm [(In)12.7 ( the)12.7 ( event)12.7 ( that)12.7 ( a)12.8 ( party)12.7 ( breaches)12.7 ( its)12.8 ( obligations)12.7 ( other)12.7 ( than)12.7 ( the)12.7 ( duty)18 ( )]TJ 0.044 Tc 0 -1.231 Td [(to)12.2 ( pay)12.2 ( the)12.3 ( registered)12.2 ( capital)12.2 ( contribution,)12.3 ( the)12.3 ( defaulting)12.3 ( party)12.2 ( shall,)19 ( )]TJ 0.036 Tc 0.072 Tw 0 -1.231 Td [(except)11 ( )0.5 (in)10.9 ( )0.5 (the)11 ( )0.5 (event)11 ( )0.5 (of)11 ( )0.5 (force)11.1 ( )0.5 (majeure,)11 ( )0.5 (compensate)11 ( )0.5 (the)11 ( )0.5 (observant)11 ( )0.5 (party)11 ( )]TJ 0.041 Tc 0.07 Tw 0 -1.231 Td [(and/or)12.5 ( Rudong)12.5 ( Longyuan)12.6 ( for)12.5 ( the)12.5 ( direct)12.5 ( economic)12.5 ( loss)12.5 ( caused)12.5 ( by)12.5 ( the)16 ( )]TJ 0.057 Tc 0 -1.231 Td [(de)0.5 (fa)0.5 (ulti)0.5 (ng)12.9 ( )0.5 (par)0.5 (ty\222s)13 ( b)0.5 (rea)0.5 (ch)0.5 (.)12.9 ( In)13 ( th)0.5 (e)12.9 ( )0.5 (eve)0.5 (nt)12.9 ( )0.5 (of)12.9 ( )0.5 (a)12.9 ( d)0.5 (ef)0.5 (aul)0.5 (t)12.9 ( b)0.5 (y)12.9 ( e)0.5 (ithe)0.5 (r)12.9 ( )0.5 (par)0.5 (ty)32 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(under)4 ( )0.5 (the)4 ( )]TJ 4.438 0 Td [(Investment)4 ( )0.5 (Agreement)]TJ [(,)4 ( )0.5 (the)4 ( )0.5 (observant)4 ( )0.5 (party)4 ( )0.5 (shall)4 ( )0.5 (be)4 ( )0.5 (entitled)4 ( )]TJ 0.038 Tc 0.07 Tw -4.438 -1.231 Td [(to)12.8 ( request)12.8 ( the)12.8 ( defaulting)12.8 ( party)12.7 ( to)12.8 ( continue)12.8 ( to)12.7 ( perform)12.8 ( the)12.8 ( )]TJ -0.038 Tw [(Investment)13 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (Agreement)Tj 0.037 Tw ( or to terminate the )Tj (Investment Agreement)Tj ( early, in addition )Tj 0 Tw 0 -1.231 Td (to the defaulting party being liable for such default.)Tj ET endstream endobj 73 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 4 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.053 Tw 13 0 0 13 141.7323 773.5878 Tm (Option I: shareholders who have paid their capital contributions in full\ )Tj 0.047 Tc 0.07 Tw 0 -1.231 Td [(and)12.7 ( on)12.7 ( schedule)12.7 ( may,)12.7 ( in)12.7 ( accordance)12.7 ( with)12.7 ( the)12.7 ( relevant)12.7 ( provisions)12.7 ( of)22 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(the)4 ( )0.5 (Company)4 ( )0.5 (Law)4 ( )0.5 (or)4 ( )0.6 (the)4 ( )0.5 (articles)4.1 ( )0.5 (of)4 ( )0.5 (association)4 ( )0.5 (of)4.1 ( )0.5 (Rudong)4 ( )0.5 (Longyuan,)4 ( )]TJ 0.036 Tc 0.072 Tw 0 -1.231 Td [(convene)11 ( )0.5 (or)11 ( )0.5 (propose)11 ( )0.5 (to)11 ( )0.5 (the)11 ( )0.5 (board)11 ( )0.5 (of)11 ( )0.5 (directors)11 ( )0.5 (of)11.1 ( )0.5 (Rudong)11 ( )0.5 (Longyuan)11 ( )0.5 (to)11 ( )]TJ 0.053 Tc 0.07 Tw 0 -1.231 Td [(convene)12.2 ( a)12.2 ( shareholders\222)12.2 ( meeting)12.3 ( to)12.3 ( reduce)12.2 ( the)12.3 ( capital)12.2 ( contribution)28 ( )]TJ 0.042 Tc 0 -1.231 Td [(by)12.9 ( the)12.9 ( shareholders)12.9 ( who)12.9 ( have)12.9 ( not)12.9 ( paid)12.9 ( their)12.9 ( capital)12.8 ( contributions)12.9 ( on)17 ( )]TJ 0.025 Tc 0.072 Tw 0 -1.231 Td (time, and to reduce the amount and proportion of capital contributions )Tj 0.052 Tc 0.07 Tw 0 -1.231 Td [(to)12.3 ( Rudong)12.3 ( Longyuan)12.3 ( held)12.3 ( by)12.4 ( shareholders)12.4 ( who)12.3 ( have)12.4 ( not)12.4 ( paid)12.3 ( their)27 ( )]TJ 0.045 Tc 0 -1.231 Td [(capital)12.9 ( contributions)12.9 ( on)12.8 ( time,)12.9 ( and)12.9 ( Rudong)12.8 ( Longyuan)12.9 ( shall)12.9 ( carry)12.9 ( out)20 ( )]TJ 0.027 Tc 0.081 Tw 0 -1.231 Td [(the)2 ( )0.5 (corresponding)2 ( )0.5 (capital)2 ( )0.5 (reduction)1.9 ( )0.5 (procedures)2 ( )0.5 (in)2 ( accordance)2 ( )0.5 (with)2 ( )0.5 (the)2 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (resolutions of the shareholders\222 meeting.)Tj 0.034 Tc 0.074 Tw 0 -2.462 Td [(O)0.5 (p)0.5 (t)0.5 (i)0.6 (o)0.5 (n)9 ( )0.5 (I)0.5 (I)0.5 (:)9 ( )0.5 (i)0.5 (f)9 ( )0.5 (a)9 ( )0.6 (s)0.5 (h)0.5 (a)0.5 (r)0.5 (e)0.6 (h)0.5 (o)0.5 (l)0.5 (d)0.5 (e)0.5 (r)9.1 ( f)0.6 (a)0.5 (i)0.5 (l)0.5 (s)9 ( )0.5 (t)0.5 (o)9 ( )0.5 (p)0.6 (a)0.5 (y)9 ( )0.5 (t)0.5 (h)0.5 (e)9 ( )0.5 (c)0.6 (a)0.5 (p)0.5 (i)0.5 (t)0.5 (a)0.5 (l)9 ( )0.5 (c)0.6 (o)0.5 (n)0.5 (t)0.5 (r)0.5 (i)0.5 (b)0.6 (u)0.5 (t)0.5 (i)0.5 (o)0.5 (n)9 ( )0.5 (i)0.5 (n)9 ( )0.5 (f)0.5 (u)0.6 (l)0.5 (l)9 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(and)4 ( )0.6 (on)4 ( )0.5 (schedule)4 ( )0.5 (in)4 ( )0.5 (accordance)4.1 ( )0.5 (with)4 ( )0.5 (the)4.1 ( )0.5 (method,)4 ( )0.5 (amount)4 ( )0.5 (and)4 ( )0.5 (schedule)4.1 ( )]TJ 0.025 Tc 0.004 Tw 0 -1.231 Td (of capital contribution specified in the articles of association )Tj (of Rudong )Tj -0.025 Tw 0 -1.231 Td (Longyuan)Tj 0.035 Tw [(, )0.5 (Rudong )0.5 (Longyuan )0.5 (shall, )0.6 (upon )0.5 (verification )0.5 (and )0.6 (confirmation )]TJ 0.056 Tc 0.07 Tw 0 -1.231 Td [(by)12.4 ( the)12.3 ( directors,)12.3 ( issue)12.3 ( a)12.4 ( written)12.3 ( demand)12.3 ( letter)12.3 ( to)12.3 ( such)12.3 ( shareholder)31 ( )]TJ 0.041 Tc 0 -1.231 Td [(for)12.3 ( requesting)12.3 ( payment)12.3 ( of)12.2 ( the)12.2 ( outstanding)12.3 ( capital)12.3 ( contribution.)12.2 ( Such)16 ( )]TJ 0.058 Tc 0 -1.231 Td [(demand)12.1 ( letter)12.1 ( may)12.2 ( specify)12.1 ( a)12.2 ( grace)12.1 ( period)12.1 ( for)12.1 ( capital)12.2 ( contribution,)33 ( )]TJ 0.049 Tc 0 -1.231 Td [(which)12.8 ( shall)12.7 ( not)12.8 ( be)12.8 ( less)12.8 ( than)12.8 ( sixty)12.8 ( days)12.8 ( from)12.8 ( the)12.8 ( date)12.8 ( when)12.8 ( Rudong)24 ( )]TJ 0.034 Tc 0.074 Tw 0 -1.231 Td [(Longyuan)9 ( )0.5 (issues)8.9 ( )0.6 (it.)9 ( )0.5 (Upon)9 ( )0.5 (expiry)9 ( )0.5 (of)9.1 ( the)9 ( )0.5 (grace)9 ( )0.5 (period,)9 ( )0.5 (if)9 ( )0.5 (a)9 ( )0.5 (shareholder)9 ( )]TJ 0.05 Tc 0.07 Tw 0 -1.231 Td [(still)12.2 ( fails)12.2 ( to)12.2 ( fulfill)12.2 ( its)12.2 ( obligation)12.2 ( regarding)12.2 ( capital)12.2 ( contribution,)12.3 ( the)25 ( )]TJ 0.034 Tc 0.074 Tw 0 -1.231 Td [(directors)9 ( )0.5 (may)9 ( )0.5 (decide)9.1 ( )0.5 (to)9 ( )0.5 (issue)9 ( )0.5 (a)9.1 ( notice)9 ( )0.5 (of)9 ( )0.5 (forfeiture)9 ( )0.5 (in)9 ( )0.5 (writing)9 ( )0.5 (to)9.1 ( )0.5 (such)9 ( )]TJ 0.025 Tc 0.023 Tw 0 -1.231 Td (shareholder. From the date of issuance of such notice, such shareholder \ )Tj 0.011 Tw 0 -1.231 Td [(shall )0.5 (forfeit )0.6 (the )0.6 (equity )0.5 (corresponding )0.5 (to )0.5 (the )0.5 (unpaid )0.5 (capital )0.6 (contribution. )]TJ 0.044 Tw 0 -1.231 Td (The equity interests forfeited pursuant to the preceding paragraph shall\ )Tj 0.014 Tw 0 -1.231 Td (be transferred in accordance with the law, or the registered capital sha\ ll )Tj 0.038 Tc 0.07 Tw 0 -1.231 Td [(be)12.9 ( reduced)12.9 ( accordingly)12.9 ( and)12.9 ( the)12.8 ( equity)12.8 ( interests)12.8 ( shall)12.8 ( be)12.8 ( cancelled.)12.8 ( If)13 ( )]TJ 0.025 Tc 0.02 Tw 0 -1.231 Td (such equity interests are not transferred or cancelled within six months\ , )Tj 0.041 Tc 0.07 Tw 0 -1.231 Td [(other)12.5 ( shareholders)12.4 ( of)12.5 ( Rudong)12.4 ( Longyuan)12.4 ( shall)12.5 ( pay)12.5 ( the)12.5 ( corresponding)16 ( )]TJ 0.028 Tc 0.08 Tw 0 -1.231 Td [(capital)3 ( )0.5 (contribution)3 ( )0.5 (in)3 ( )0.5 (full)3 ( )0.5 (in)3 ( )0.5 (proportion)3.1 ( to)3 ( )0.5 (their)3 ( )0.5 (capital)3 ( )0.5 (contributions.)3 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(The)1 ( )0.5 (forfeit)1 ( )0.5 (shareholder)1 ( )0.5 (shall)1 ( )0.5 (be)1 ( )0.5 (obliged)1 ( )0.5 (to)1 ( )0.5 (actively)1 ( )0.5 (cooperate)1 ( )0.5 (with)1 ( )0.5 (the)1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (aforesaid transfer, capital reduction and cancellation of equity interes\ ts.)Tj /T1_1 1 Tf 13 0 3.4833 13 112.0517 229.5878 Tm [(3. )-1105.5 (Organizational structure)]TJ /T1_0 1 Tf 0.058 Tw 13 0 0 13 141.7323 197.5878 Tm [(\(1\) )-606.5 (Rudong Longyuan shall set up a )]TJ (shareholders\222 meeting)Tj ( consisting )Tj 0.031 Tc 0.077 Tw 2.181 -1.231 Td [(of)6 ( )0.5 (all)6 ( )0.5 (of)6 ( )0.5 (its)6 ( )0.5 (shareholders.)6.1 ( The)6 ( )]TJ 13.382 0 Td [(shareholders\222)6 ( )0.5 (meeting)]TJ 9.571 0 Td [( )0.5 (shall)6 ( )0.5 (be)6 ( )0.5 (the)6 ( )]TJ 0.033 Tc 0.075 Tw -22.953 -1.231 Td [(highest)8 ( )0.6 (authority)8 ( )0.5 (of)8.1 ( )0.5 (Rudong)8 ( )0.5 (Longyuan,)8 ( )0.5 (and)8 ( )0.5 (its)8 ( )0.5 (powers)8 ( )0.5 (and)8 ( )0.5 (rules)8 ( )]TJ 0.051 Tc 0.07 Tw 0 -1.231 Td [(of)12.5 ( procedure)12.6 ( shall)12.5 ( be)12.5 ( in)12.5 ( accordance)12.5 ( with)12.5 ( the)12.6 ( provisions)12.5 ( of)12.5 ( the)26 ( )]TJ 0.025 Tc 0.044 Tw 0 -1.231 Td (Company Law and relevant laws and the articles of association of )Tj 0 Tw 0 -1.231 Td (Rudong Longyuan.)Tj ET endstream endobj 72 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 3 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 0.027 Tw 13 0 3.4833 13 112.0517 773.5878 Tm [(2. )-1078.5 (Registered capital, proportion of capital contribution and timing of )]TJ 0 Tw 2.51 -1.231 Td (capital contribution)Tj /T1_0 1 Tf 0.034 Tc 0.074 Tw 13 0 0 13 141.7323 725.5878 Tm [(The)9 ( )0.5 (total)9 ( )0.5 (registered)9 ( )0.5 (capital)9 ( )0.5 (of)9 ( )0.5 (Rudong)9 ( Longyuan)9 ( )0.5 (is)9 ( )0.5 (RMB)9 (1)9 (0)9 (0)9 ( )0.5 (million.)9 ( )]TJ 0.049 Tc 0.07 Tw 0 -1.231 Td [(The)12.5 ( amount)12.5 ( of)12.5 ( capital)12.4 ( contribution,)12.5 ( method)12.4 ( of)12.4 ( capital)12.5 ( contribution,)24 ( )]TJ 0.044 Tc 0 -1.231 Td [(proportion)12.2 ( of)12.2 ( capital)12.2 ( contribution)12.2 ( and)12.2 ( timing)12.2 ( of)12.2 ( capital)12.2 ( contribution)19.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (subscribed by each party are as follows:)Tj -0.025 Tw 13 0 3.4833 13 466.4381 645.5878 Tm (\(RMB0\222000\))Tj /T1_1 1 Tf 10.4 0 0 13 145.1565 565.5878 Tm (No.)Tj 0 Tw 2.396 1.231 Td (Name of )Tj -0.025 Tw 0 -1.231 Td (shareholder)Tj 0 Tw 9.39 3.692 Td (Amount of )Tj -0.025 Tw -0.054 -1.231 Td (subscribed )Tj 1.798 -1.231 Td (capital )Tj -2.412 -1.231 Td (contribution)Tj 6.501 2.462 Td (Proportion )Tj 0 Tw 0.75 -1.231 Td (of capital)Tj -1.254 -1.231 Td ( contribution)Tj -0.025 Tw 6.269 2.462 Td (Method )Tj 0 Tw 0 -1.231 Td (of capital )Tj -0.025 Tw 0 -1.231 Td (contribution)Tj 0 Tw 6.269 2.462 Td (Latest timing )Tj 0 -1.231 Td (of capital )Tj -0.025 Tw 0 -1.231 Td (contribution)Tj /T1_0 1 Tf 10.4 0 3.4833 13 362.399 549.5878 Tm (\(%\))Tj 0 Tc 0 Tw 10.4 0 0 13 150.4709 517.5878 Tm (1)Tj 0.025 Tc 1.885 0 Td (Longyuan Power)Tj -0.025 Tw 11.823 0 Td (4,100)Tj 7.321 0 Td (41)Tj 1.843 0 Td (Currency)Tj 0 Tw 6.269 0 Td (31 August 2030)Tj 0 Tc -29.142 -1.231 Td (2)Tj 0.025 Tc 1.885 0 Td (Hero Asia)Tj -0.025 Tw 11.823 0 Td (1,000)Tj 7.321 0 Td (10)Tj 1.843 0 Td (Currency)Tj 0 Tw 6.269 0 Td (31 August 2030)Tj 0 Tc -29.142 -1.231 Td (3)Tj 0.025 Tc 1.885 0 Td (Jiangsu Electric )Tj 1.008 -1.231 Td (under China )Tj -0.025 Tw 0 -1.231 Td (Energy)Tj 10.815 2.462 Td (2,900)Tj 7.321 0 Td (29)Tj 1.843 0 Td (Currency)Tj 0 Tw 6.269 0 Td (31 August 2030)Tj 0 Tc -29.142 -3.692 Td (4)Tj 0.025 Tc 1.885 0 Td (Far East Submarine )Tj -0.025 Tw 1.008 -1.231 Td (Cable)Tj 10.815 1.231 Td (1,000)Tj 7.321 0 Td (10)Tj 1.843 0 Td (Currency)Tj 0 Tw 6.269 0 Td (31 August 2030)Tj 0 Tc -29.142 -2.462 Td (5)Tj 0.025 Tc 1.885 0 Td 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