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listed )Tj 0.076 Tw 0 -1.231 Td (on the main board of the Stock Exchange \(Stock Code: )Tj -0.025 Tw 0 -1.231 Td (3300\))Tj -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 (\223Dongtai CNG\224)Tj 0.06 Tc 0.07 Tw 13.083 0 Td [(Dongtai)12.5 ( CNG)12.5 ( Special)12.5 ( Glass)12.5 ( Company)12.5 ( Limited*)12.5 ( \()]TJ /C0_0 1 Tf 0 Tc 0 Tw 22.985 0 Td <0607>Tj 0.415 Tc -0.415 Tw -22.985 -1.231 Td <03280295079A09241047079A11A803DE082202AE0321>Tj /T1_0 1 Tf 0.038 Tc 0.07 Tw 15.303 0 Td [(\))0.5 (,)13 ( )0.5 (a)13 ( )0.5 (l)0.5 (i)0.5 (m)0.5 (i)0.5 (t)0.5 (e)0.5 (d)13 ( )0.5 (l)0.5 (i)0.5 (a)0.5 (b)0.5 (i)0.5 (l)0.5 (i)0.5 (t)0.5 (y)13 ( )]TJ 0.035 Tc 0.073 Tw -15.303 -1.231 Td [(company)10.1 ( )0.5 (incorporated)10 ( )0.5 (under)10 ( )0.5 (the)10 ( )0.6 (Laws)10 ( )0.5 (of)10 ( )0.5 (the)10 ( )0.5 (PRC)10 ( )0.5 (and)10 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (an indirect wholly-owned subsidiary of the Company)Tj -13.083 -2.462 Td (\223Dongtai CNG Finance )Tj 0 Tc ( )Tj 0.025 Tc 1.003 -1.231 Td (Lease Agreements\224)Tj 0.044 Tw 12.08 1.231 Td (collectively, the First Finance Lease Agreement and the )Tj 0 Tw 0 -1.231 Td (Second Finance Lease Agreement)Tj -13.083 -2.462 Td (\223Dongtai CNG Finance )Tj 0 Tc ( )Tj 0.025 Tc 1.003 -1.231 Td (Lease Arrangements\224)Tj 0.038 Tc 0.07 Tw 12.08 1.231 Td [(c)0.5 (o)0.5 (l)0.5 (le)0.5 (c)0.5 (t)0.5 (i)0.5 (v)0.5 (e)0.5 (ly)0.5 (,)13 ( )0.5 (t)0.5 (he)13 ( )0.5 (F)0.5 (i)0.5 (r)0.5 (s)0.5 (t)13 ( F)0.5 (i)0.5 (n)0.5 (a)0.5 (nc)0.5 (e)13 ( )0.5 (L)0.5 (e)0.5 (a)0.5 (s)0.5 (e)13 ( )0.5 (A)0.5 (r)0.5 (ra)0.5 (n)0.5 (g)0.5 (e)0.5 (m)0.5 (e)0.5 (n)0.5 (t)12.9 ( )0.5 (a)0.5 (n)0.5 (d)13 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (the Second Finance Lease Arrangement)Tj -13.083 -2.462 Td (\223First Finance Lease )Tj -0.025 Tw 1.003 -1.231 Td (Agreement\224)Tj 0.068 Tc 0.07 Tw 12.08 1.231 Td [(the)12.1 ( agreement)12.1 ( entered)12.1 ( into)12.1 ( between)12.1 ( the)12.1 ( Lessor)12.1 ( and)43 ( )]TJ 0.074 Tc 0 -1.231 Td [(D)0.5 (o)0.5 (n)0.6 (g)0.5 (t)0.5 (a)0.5 (i)13 ( )0.5 (C)0.6 (N)0.5 (G)0.5 (,)13 ( )0.5 (p)0.6 (u)0.5 (r)0.5 (s)0.5 (u)0.5 (a)0.5 (n)0.6 (t)13 ( )0.5 (t)0.5 (o)13 ( )0.5 (w)0.6 (h)0.5 (i)0.5 (c)0.5 (h)13 ( )0.6 (\()0.5 (i)0.5 (\))13 ( )0.5 (D)0.6 (o)0.5 (n)0.5 (g)0.5 (t)0.5 (a)0.5 (i)13 ( )0.6 (C)0.5 (N)0.5 (G)49 ( )]TJ 0.044 Tc 0 -1.231 Td [(agreed)12.4 ( to)12.5 ( sell,)12.5 ( and)12.5 ( the)12.5 ( Lessor)12.4 ( agreed)12.4 ( to)12.5 ( purchase,)12.5 ( the)19.1 ( )]TJ 0.047 Tc 0 -1.231 Td [(First)12.4 ( Leased)12.4 ( Assets)12.4 ( owned)12.4 ( by)12.4 ( Dongtai)12.4 ( CNG;)12.5 ( and)12.5 ( \(ii\))22.1 ( )]TJ 0.051 Tc 0 -1.231 Td [(the)12.8 ( Lessor)12.8 ( agreed,)12.8 ( among)12.8 ( other)12.8 ( things,)12.8 ( to)12.8 ( lease)12.8 ( back)26 ( )]TJ 0.049 Tc 0 -1.231 Td [(the)12.6 ( First)12.6 ( Leased)12.6 ( Assets)12.6 ( to)12.6 ( Dongtai)12.7 ( CNG)12.6 ( for)12.6 ( a)12.7 ( period)24 ( )]TJ 0.059 Tc 0 -1.231 Td [(of)12.3 ( twenty-four)12.3 ( \()12.3 (2)12.3 (4)12.3 (\))12.3 ( months)12.3 ( with)12.3 ( a)12.4 ( lease)12.3 ( payment)12.3 ( of)34 ( )]TJ 0.042 Tc 0 -1.231 Td [(approximately)12 ( RMB)12.1 (6)12.1 (3)12 (.)12.1 (0)12.1 ( million,)12.1 ( which)12.1 ( is)12.1 ( payable)12.1 ( by)17.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Dongtai CNG to the Lessor in eight \(8\) instalments)Tj ET endstream endobj 32 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 12 0 0 12 294.6378 18.7502 Tm (6)Tj /T1_1 1 Tf 0.035 Tc 0.073 Tw 13 0 0 13 56.6929 773.5878 Tm [(REASONS)10.1 ( )0.5 (FOR)10 ( )0.5 (AND)10 ( )0.5 (BENEFITS)10 ( )0.5 (OF)10 ( )0.5 (THE)10 ( )0.5 (DONGTAI)10 ( )0.5 (CNG)10 ( )0.5 (FINANCE)10 ( )0.5 (LEASE)10 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (ARRANGEMENTS)Tj /T1_0 1 Tf 0.03 Tc 0.078 Tw 0 -2.462 Td [(The)5.1 ( )0.5 (terms)5 ( of)5 ( )0.5 (the)5 ( )0.5 (Dongtai)5 ( )0.5 (CNG)5 ( )0.5 (Finance)5 ( )0.5 (Lease)5 ( )0.5 (Arrangements,)5 ( )0.5 (including)5 ( )0.5 (the)5 ( )0.5 (Purchase)5 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(Prices)1.1 ( )0.5 (and)1 ( )0.5 (the)1 ( )0.5 (Lease)1 ( )0.5 (Payments,)1 ( )0.5 (were)1 ( )0.5 (determined)1 ( )0.5 (after)1 ( )0.5 (arm\222s)1 ( )0.5 (length)1 ( )0.5 (negotiations)1 ( )0.6 (with)1 ( )]TJ 0.025 Tc 0.054 Tw 0 -1.231 Td (reference to the original purchase cost of the Leased Assets and the pre\ vailing market )Tj 0 Tw 0 -1.231 Td (rates for finance lease arrangements for similar assets.)Tj 0.04 Tc 0.07 Tw 0 -2.462 Td [(The)12.6 ( proceeds)12.7 ( of)12.7 ( the)12.7 ( Dongtai)12.7 ( CNG)12.7 ( Finance)12.7 ( Lease)12.7 ( Arrangements)12.7 ( will)12.7 ( allow)12.7 ( Dongtai)15 ( )]TJ 0.025 Tc 0 -1.231 Td (CNG to replenish its working capital \(including but not limited to purc\ hase of goods, )Tj 0.023 Tw 0 -1.231 Td (refinancing, etc.\) and the Directors are of the view that the terms and\ conditions of the )Tj 0.039 Tc 0.07 Tw 0 -1.231 Td [(Dongtai)12.8 ( CNG)12.7 ( Finance)12.7 ( Lease)12.8 ( Agreements)12.7 ( are)12.8 ( on)12.8 ( normal)12.7 ( commercial)12.8 ( terms,)12.7 ( fair)12.8 ( and)14 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (reasonable and in the interest of the Company and its Shareholders as a \ whole.)Tj /T1_1 1 Tf 0 -2.462 Td (INFORMATION ABOUT THE RELEVANT PARTIES)Tj 0 -2.462 Td (The Company and the Group)Tj /T1_0 1 Tf 0.067 Tc 0.07 Tw 0 -2.462 Td [(The)12.9 ( Company)12.9 ( is)12.9 ( an)12.9 ( investment)12.9 ( holding)12.8 ( company.)12.9 ( The)12.9 ( Group)12.9 ( is)12.8 ( one)12.9 ( of)12.8 ( China\222s)42 ( )]TJ 0.054 Tc 0 -1.231 Td [(l)0.5 (e)0.5 (a)0.5 (d)0.5 (i)0.5 (n)0.6 (g)13 ( m)0.6 (a)0.5 (n)0.5 (u)0.5 (f)0.5 (a)0.5 (c)0.5 (t)0.5 (u)0.5 (r)0.5 (e)0.6 (r)0.5 (s)13 ( )0.5 (o)0.5 (f)13 ( )0.5 (f)0.5 (l)0.5 (a)0.5 (t)13 ( )0.6 (g)0.5 (l)0.5 (a)0.5 (s)0.5 (s)0.5 (,)13 ( )0.5 (s)0.5 (p)0.5 (e)0.5 (c)0.6 (i)0.5 (a)0.5 (l)0.5 (i)0.5 (z)0.5 (e)0.5 (d)13 ( )0.5 (i)0.5 (n)13 ( )0.6 (t)0.5 (h)0.5 (e)13 ( )0.5 (r)0.5 (e)0.5 (s)0.5 (e)0.5 (a)0.6 (r)0.5 (c)0.5 (h)13 ( )0.5 (a)0.5 (n)0.5 (d)13 ( )0.5 (d)0.5 (e)0.5 (v)0.5 (e)0.6 (l)0.5 (o)0.5 (p)0.5 (m)0.5 (e)0.5 (n)0.5 (t)0.5 (,)29 ( )]TJ 0.032 Tc 0.076 Tw 0 -1.231 Td [(manufacturing)7 ( )0.5 (and)7 ( )0.5 (selling)7 ( )0.5 (of)7.1 ( )0.5 (a)7 ( )0.5 (variety)7 ( )0.5 (of)7 ( )0.5 (building)7 ( )0.5 (coated)7 ( )0.5 (glass,)7 ( )0.5 (energy-efficient)7 ( )0.5 (and)7 ( )]TJ 0.025 Tc 0.07 Tw 0 -1.231 Td [(environmental-friendly )0.5 (glass )0.5 (and )0.5 (new-energy )0.5 (products, )0.5 (in )0.6 (which )0.6 (it )0.5 (occupies )0.5 (a )0.5 (leading )]TJ 0 Tw 0 -1.231 Td (technological position.)Tj 0 -2.462 Td (Dongtai CNG is an indirect wholly-owned subsidiary of the Company. Dongt\ ai CNG is )Tj 0.043 Tw 0 -1.231 Td (a limited liability company incorporated under the Laws of the PRC and i\ s principally )Tj 0.024 Tc 0 Tw 0 -1.231 Td [(engaged in the business of the production, marketing and distribution of\ glass and glass)-1 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (products.)Tj /T1_1 1 Tf 0 Tw 0 -2.462 Td (The Lessor)Tj /T1_0 1 Tf 0.073 Tw 0 -2.462 Td (The Lessor is a limited liability company established under the laws of \ the PRC. The )Tj 0.076 Tw 0 -1.231 Td (Lessor is a wholly-owned subsidiary of Bank of Ningbo Co., Ltd.* \()Tj /C0_0 1 Tf 0.225 Tc -0.225 Tw 29.943 0 Td <0FB9062A10D5041106700385>Tj 0.401 Tc -0.401 Tw -29.943 -1.231 Td <03DE082202AE0321>Tj /T1_0 1 Tf 0.038 Tc 0.07 Tw 5.353 0 Td [(\))0.5 (,)13 ( )0.5 (a)13 ( )0.5 (P)0.5 (R)0.5 (C)13 ( )0.5 (c)0.5 (o)0.5 (m)0.5 (p)0.5 (a)0.5 (n)0.5 (y)13 ( )0.5 (l)0.5 (i)0.5 (s)0.5 (t)0.5 (e)0.5 (d)13 ( )0.5 (o)0.5 (n)13 ( )0.5 (t)0.5 (h)0.5 (e)13 ( )0.5 (S)0.5 (h)0.5 (e)0.5 (n)0.5 (z)0.5 (h)0.5 (e)0.5 (n)13 ( )0.5 (S)0.5 (t)0.5 (o)0.5 (c)0.5 (k)13 ( )0.5 (E)0.5 (x)0.5 (c)0.5 (h)0.5 (a)0.5 (n)0.5 (g)0.5 (e)13 ( )0.5 (\()0.5 (S)0.5 (t)0.5 (o)0.5 (c)0.5 (k)13 ( )0.5 (c)0.5 (o)0.5 (d)0.5 (e)0.5 (:)13 ( )]TJ 0.025 Tc 0 Tw -5.353 -1.231 Td (002142\). The Lessor is principally engaged in the financial leasing bus\ iness.)Tj 0.067 Tw 0 -2.462 Td [(To )0.5 (the best )0.5 (of )0.5 (the Directors\222 )0.5 (knowledge, )0.5 (information )0.5 (and )0.5 (belief )0.5 (after having )0.5 (made )0.5 (all )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(reasonable)4 ( )0.5 (enquiries,)4 ( )0.5 (the)4.1 ( )0.5 (Lessor)4 ( )0.5 (and)4 ( )0.5 (its)4 ( )0.5 (ultimate)4.1 ( )0.5 (beneficial)4 ( )0.6 (owner\(s\))4 ( )0.5 (are)4 ( )0.5 (third)4 ( )0.5 (parties)4 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (independent of the Company and each of its connected persons.)Tj ET endstream endobj 31 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 12 0 0 12 294.6378 18.7502 Tm (5)Tj ET q 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 0.025 Tc 13 0 0 13 85.0394 773.5878 Tm (Early Repayment)Tj /T1_0 1 Tf 0.023 Tc 0 -2.462 Td [(Subject to the agreement in writing by the Lessor, Dongtai CNG may give \ 30 days)-2.1 ( )]TJ 0.04 Tc 0.07 Tw 0 -1.231 Td [(w)0.5 (r)0.6 (i)0.5 (t)0.6 (t)0.5 (e)0.6 (n)13 ( )0.5 (n)0.6 (o)0.5 (t)0.5 (i)0.6 (c)0.5 (e)13 ( )0.6 (t)0.5 (o)13.1 ( )0.5 (r)0.5 (e)0.6 (q)0.5 (u)0.6 (e)0.5 (s)0.6 (t)13 ( )0.5 (f)0.6 (o)0.5 (r)13 ( )0.6 (a)0.6 (n)13 ( )0.5 (e)0.6 (a)0.5 (r)0.6 (l)0.5 (y)13 ( )0.6 (t)0.5 (e)0.6 (r)0.5 (m)0.5 (i)0.6 (n)0.5 (a)0.6 (t)0.5 (i)0.5 (o)0.6 (n)13 ( )0.5 (o)0.6 (f)13 ( )0.6 (t)0.5 (h)0.5 (e)13.1 ( )0.5 (S)0.6 (e)0.5 (c)0.6 (o)0.5 (n)0.5 (d)13 ( )0.6 (F)0.5 (i)0.6 (n)0.5 (a)0.6 (n)0.5 (c)0.5 (e)13.1 ( )0.5 (L)0.6 (e)0.5 (a)0.6 (s)0.5 (e)15 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(Agreement)4 ( )0.5 (and)4 ( )0.5 (pay)4.1 ( the)4 ( )0.5 (Lessor)4 ( )0.6 (all)4 ( )0.5 (due)4.1 ( )0.5 (and)4 ( )0.5 (outstanding)4 ( )0.6 (Second)4 ( )0.5 (Lease)4 ( )0.5 (Payments,)4 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(the)6 ( )0.5 (nominal)6 ( )0.5 (repurchase)6 ( )0.5 (price)6 ( )0.5 (of)6 ( )0.5 (RMB)6 (1)6 (0)6 (0)6 ( )0.5 (and)6 ( )0.5 (other)6 ( )0.5 (payable)6 ( )0.5 (amounts)6 ( )0.6 (due)6 ( )0.6 (under)6 ( )]TJ 0.025 Tc 0.079 Tw 0 -1.231 Td (the Second Finance Lease Arrangement. Upon which, the Second Finance Lea\ se )Tj 0.037 Tc 0.071 Tw 0 -1.231 Td [(Agreement)12 ( )0.5 (will)12 ( )0.5 (be)12 ( )0.5 (terminated,)12 ( )0.5 (and)12 ( )0.5 (the)12 ( )0.6 (ownership)12.1 ( )0.5 (of)12 ( )0.5 (the)12 ( )0.5 (Second)12 ( )0.5 (Leased)12 ( )0.5 (Assets)12 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (will be transferred back to Dongtai CNG.)Tj /T1_1 1 Tf -2.181 -2.462 Td (VALUATION OF THE LEASED ASSETS)Tj /T1_0 1 Tf 0.056 Tc 0.07 Tw 0 -2.462 Td [(The)12.6 ( valuation)12.7 ( for)12.6 ( the)12.6 ( appraised)12.6 ( value)12.6 ( of)12.6 ( the)12.6 ( Leased)12.7 ( Assets)12.7 ( was)12.7 ( conducted)12.6 ( by)12.6 ( an)31 ( )]TJ 0.046 Tc 0 -1.231 Td [(independent)12.2 ( and)12.2 ( qualified)12.2 ( valuer)12.2 ( in)12.2 ( the)12.2 ( PRC)12.2 ( based)12.2 ( on)12.2 ( the)12.3 ( cost)12.2 ( approach,)12.2 ( which)12.2 ( is)21 ( )]TJ 0.04 Tc 0 -1.231 Td [(the)12.7 ( typical)12.7 ( valuation)12.8 ( method)12.7 ( for)12.7 ( finance)12.8 ( lease)12.8 ( involving)12.7 ( similar)12.8 ( type)12.8 ( of)12.7 ( assets.)12.7 ( The)15 ( )]TJ 0.038 Tc 0 -1.231 Td [(cost)12.7 ( approach)12.6 ( considers)12.6 ( the)12.6 ( cost)12.6 ( to)12.6 ( re-acquire)12.6 ( the)12.6 ( Leased)12.6 ( Assets)12.6 ( by)12.6 ( multiplying)12.6 ( the)13 ( )]TJ 0.037 Tc 0.071 Tw 0 -1.231 Td [(repla)0.5 (cement)12 ( )0.5 (c)0.5 (ost)12 ( )0.5 (of)12 ( )0.5 (the)12 ( )0.5 (Le)0.5 (ased)12 ( )0.5 (A)0.5 (ssets)12 ( )0.5 (\(ba)0.5 (sed)12 ( )0.5 (on)12 ( )0.5 (the)12 ( )0.6 (current)12 ( )0.5 (ma)0.5 (rket)12 ( )0.5 (pric)0.5 (e)12 ( )0.5 (of)12 ( )0.5 (similar)12.1 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(assets)4 ( )0.5 (in)4 ( )0.5 (brand)4 ( )0.6 (new)4 ( )0.5 (state\))4.1 ( )0.5 (by)4.1 ( )0.5 (a)4 ( )0.5 (newness)4 ( )0.5 (rate.)4 ( )0.5 (The)4 ( )0.5 (newness)4 ( )0.5 (rate)4 ( )0.5 (used)4 ( )0.5 (in)4 ( )0.6 (the)4 ( )0.5 (valuation)4 ( )]TJ 0.025 Tc 0.051 Tw 0 -1.231 Td [(was )0.5 (determined )0.5 (with )0.5 (reference )0.5 (to )0.5 (the )0.5 (appearance, )0.5 (operating )0.6 (condition, )0.5 (working )0.5 (status, )]TJ 0.053 Tw 0 -1.231 Td (degree of advanced \(or backward\) functionality, daily maintenance and \ care condition )Tj 0.03 Tw 0 -1.231 Td (and usage environment of the Leased Assets based on on-site inspection, \ ranging from )Tj 0.029 Tc 0.079 Tw 0 -1.231 Td [(approximately)4 ( )0.5 (8)4 (8)4 (%)4.1 ( )0.5 (to)4 ( )0.5 (9)4 (7)4 (%.)4 ( )0.6 (The)4 ( )0.5 (valuation)4 ( )0.5 (benchmark)4 ( )0.5 (date)4.1 ( )0.5 (of)4 ( )0.5 (the)4 ( )0.5 (Leased)4 ( )0.5 (Assets)4 ( )0.5 (was)4 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (31 October 2024.)Tj 0.076 Tc 0.07 Tw 0 -2.462 Td [(Th)0.5 (e)12.9 ( va)0.5 (lua)0.5 (tion)13 ( wa)0.5 (s)12.9 ( pr)0.5 (epa)0.5 (red)13 ( ta)0.5 (king)12.9 ( )0.5 (into)13 ( ac)0.5 (cou)0.5 (nt,)12.9 ( i)0.5 (nclu)0.5 (ding)13 ( but)13 ( not)13 ( lim)0.5 (ited)13 ( to)0.5 (,)50.9 ( )]TJ 0.063 Tc 0 -1.231 Td [(the)12.3 ( following)12.3 ( assumptions:)12.2 ( \(i\))12.3 ( no)12.3 ( material)12.3 ( change)12.3 ( in)12.3 ( respect)12.3 ( of)12.3 ( \(a\))12.3 ( the)12.3 ( national)38 ( )]TJ 0.071 Tc 0 -1.231 Td [(macro-economic)12.2 ( policies,)12.2 ( social)12.1 ( economic)12.1 ( conditions,)12.2 ( administrative)12.1 ( policies,)46 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(management)6 ( )0.5 (systems)6 ( )0.5 (and)6 ( )0.5 (relevant)6 ( )0.5 (regulations)6 ( )0.5 (in)6 ( )0.5 (the)6 ( )0.5 (region)6 ( )0.6 (where)6 ( )0.5 (the)6 ( )0.5 (Leased)6 ( )0.5 (Assets)6 ( )]TJ 0.054 Tc 0.07 Tw 0 -1.231 Td [(were)12.4 ( located)12.4 ( at;)12.3 ( \(ii\))12.3 ( no)12.3 ( material)12.4 ( changes)12.4 ( in)12.4 ( the)12.4 ( business)12.4 ( operations,)12.4 ( tax)12.3 ( policies,)29 ( )]TJ 0.025 Tc 0.037 Tw 0 -1.231 Td (credit interest rates, exchange rates, etc., that would substantially af\ fect the evalsuation )Tj 0.037 Tc 0.071 Tw 0 -1.231 Td [(conclusions;)12 ( )0.5 (\(iii\))12 ( )0.5 (the)12 ( )0.5 (information)12 ( )0.5 (provided)12 ( )0.5 (by)12 ( )0.5 (Dongtai)12 ( )0.5 (CNG)12 ( )0.5 (is)12 ( )0.5 (true,)12 ( )0.5 (complete,)12 ( )0.5 (legal)12 ( )]TJ 0.034 Tc 0.074 Tw 0 -1.231 Td [(a)0.5 (nd)9 ( )0.5 (va)0.5 (lid;)9.1 ( \()0.5 (iv)0.5 (\))9 ( )0.5 (wit)0.5 (hou)0.5 (t)9 ( )0.5 (co)0.5 (nsi)0.5 (der)0.5 (in)0.5 (g)9 ( )0.5 (the)9 ( )0.5 (i)0.5 (mpa)0.5 (ct)9 ( )0.5 (o)0.5 (f)9 ( )0.5 (nat)0.5 (ur)0.5 (al)9 ( )0.5 (fo)0.5 (rc)0.5 (es)0.5 (,)8.9 ( )0.6 (othe)0.5 (r)9 ( )0.5 (fo)0.5 (rc)0.5 (e)9 ( )0.5 (ma)0.5 (jeu)0.5 (re)9 ( )]TJ 0.02 Tc 0 Tw 0 -1.231 Td [(factors and potential effects of special trading methods on the valuatio\ n conclusions; \(v\))-5 ( )]TJ 0.025 Tc 0.033 Tw 0 -1.231 Td [(the )0.5 (physical parameters )0.5 (of )0.5 (the Leased )0.5 (Assets )0.5 (complied )0.5 (with )0.5 (the )0.5 (ownership documents, )]TJ 0.05 Tc 0.07 Tw 0 -1.231 Td [(technical)12.7 ( information,)12.7 ( drawings)12.7 ( and)12.7 ( asset)12.7 ( lists)12.7 ( provided)12.7 ( by)12.7 ( Dongtai)12.7 ( CNG)12.7 ( and)12.7 ( the)25 ( )]TJ 0.025 Tc 0.005 Tw 0 -1.231 Td (conditions of the Leased Assets meet the specified intended use; \(vi\) \ the Leased Assets )Tj 0.036 Tw 0 -1.231 Td (were part of the transaction process; and \(vii\) the market was suffici\ ently competitive, )Tj 0.066 Tw 0 -1.231 Td (open with sufficient market information, and parties to the transactions\ conducted the )Tj 0 Tw 0 -1.231 Td (transactions voluntarily and rationally.)Tj ET endstream endobj 30 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 12 0 0 12 294.6378 18.7502 Tm (4)Tj ET q 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 0.025 Tc 13 0 0 13 85.0394 773.5878 Tm (Purchase of the Second Leased Assets)Tj /T1_0 1 Tf 0.031 Tc 0.077 Tw 0 -2.462 Td [(Pursuant)6 ( )0.5 (to)6 ( )0.5 (the)6 ( )0.5 (Second)6 ( )0.5 (Finance)6 ( )0.5 (Lease)6 ( )0.5 (Agreement,)6 ( )0.5 (Dongtai)6 ( )0.5 (CNG)6 ( )0.5 (agreed)6 ( )0.5 (to)6 ( )0.5 (sell,)5.9 ( )]TJ 0.025 Tc 0.078 Tw 0 -1.231 Td (and the Lessor agreed to purchase, the Second Leased Assets owned by Don\ gtai )Tj 0.082 Tw 0 -1.231 Td (CNG at a consideration of RMB40 million \(the \223)Tj /T1_1 1 Tf (Second Purchase Price)Tj /T1_0 1 Tf (\224\). The )Tj 0.034 Tc 0.074 Tw 0 -1.231 Td [(Second)9 ( )0.5 (Purchase)9 ( )0.5 (Price)9 ( )0.5 (was)9 ( )0.5 (determined)9 ( )0.5 (after)9 ( )0.5 (arm\222s)9 ( )0.6 (length)9 ( )0.5 (negotiations)9 ( )0.5 (between)9 ( )]TJ 0.041 Tc 0.07 Tw 0 -1.231 Td [(the)12.9 ( )0.5 (contrac)0.5 (ting)12.9 ( pa)0.5 (rties)12.9 ( to)13 ( the)12.9 ( Se)0.5 (cond)12.9 ( Fin)0.5 (ance)12.9 ( )0.5 (Lease)13 ( Agree)0.5 (ment)12.9 ( w)0.5 (ith)12.9 ( ref)0.5 (erence)16 ( )]TJ 0.033 Tc 0.075 Tw 0 -1.231 Td [(t)0.5 (o)8.1 ( )0.5 (t)0.5 (h)0.6 (e)8 ( )0.5 (a)0.5 (p)0.6 (p)0.5 (r)0.6 (a)0.6 (i)0.5 (s)0.6 (e)0.5 (d)8.1 ( v)0.6 (a)0.6 (l)0.5 (u)0.6 (e)8 ( )0.5 (o)0.5 (f)8.1 ( )0.5 (t)0.5 (h)0.6 (e)8 ( )0.5 (S)0.5 (e)0.6 (c)0.6 (o)0.5 (n)0.6 (d)8 ( )0.5 (L)0.5 (e)0.6 (a)0.6 (s)0.5 (e)0.6 (d)8 ( )0.5 (A)0.6 (s)0.5 (s)0.6 (e)0.5 (t)0.6 (s)8 ( )0.5 (o)0.6 (f)8 ( )0.5 (a)0.5 (p)0.6 (p)0.5 (r)0.6 (o)0.5 (x)0.6 (i)0.5 (m)0.6 (a)0.6 (t)0.5 (e)0.6 (l)0.5 (y)8 ( )0.5 (R)0.6 (M)0.5 (B)8 (4)8.1 (4)8 (.)8 (7)8 ( )]TJ 0.068 Tc 0.07 Tw 0 -1.231 Td [(million)12.9 ( and)12.9 ( net)12.9 ( book)12.9 ( value)12.9 ( of)12.9 ( the)12.9 ( Sec)0.5 (ond)13 ( Leased)12.9 ( Assets)12.9 ( of)12.9 ( a)0.5 (ppr)0.5 (oxima)0.5 (tely)42.9 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (RMB40.2 million.)Tj /T1_1 1 Tf 0 -2.462 Td (Lease back of the Second Leased Assets)Tj /T1_0 1 Tf 0.04 Tw 0 -2.462 Td (Pursuant to the Second Finance Lease Agreement, the Second Leased Assets\ will )Tj 0.072 Tw 0 -1.231 Td (be leased back to Dongtai CNG for a period of twenty-four \(24\) months \ starting )Tj 0.055 Tc 0.07 Tw 0 -1.231 Td [(from)12.2 ( the)12.2 ( date)12.2 ( of)12.2 ( payment)12.2 ( of)12.2 ( the)12.2 ( Second)12.2 ( Purchase)12.2 ( Price)12.2 ( \(the)12.2 ( \223)]TJ /T1_1 1 Tf [(Second)12.2 ( Lease)30 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (Period)Tj /T1_0 1 Tf (\224\).)Tj /T1_1 1 Tf 0 Tw 0 -2.462 Td (The Second Lease Payments)Tj /T1_0 1 Tf 0.036 Tc 0.072 Tw 0 -2.462 Td [(The)11.1 ( )0.5 (lease)11 ( )0.5 (payments)11 ( )0.5 (\(the)11 ( )0.5 (\223)]TJ /T1_1 1 Tf [(Second)11 ( )0.5 (Lease)11 ( )0.5 (Payments)]TJ /T1_0 1 Tf [(\224\))11 ( )0.5 (payable)11 ( )0.5 (by)11 ( )0.5 (Dongtai)11 ( )0.5 (CNG)11 ( )]TJ 0.048 Tc 0.07 Tw 0 -1.231 Td [(to)12.1 ( the)12.1 ( Lessor)12.1 ( under)12.1 ( the)12.1 ( Second)12.1 ( Finance)12.1 ( Lease)12.1 ( Arrangement)12.1 ( is)12.1 ( approximately)23 ( )]TJ 0.068 Tc 0 -1.231 Td [(RMB)12.9 (4)12.9 (2)12.9 ( million,)12.9 ( payable)12.9 ( by)12.9 ( Dongtai)12.8 ( CNG)12.9 ( to)12.9 ( the)12.9 ( Lessor)12.9 ( in)12.9 ( eight)12.9 ( \()12.9 (8)12.8 (\))12.9 ( equal)43 ( )]TJ 0.038 Tc 0 -1.231 Td [(instalments)12.3 ( over)12.3 ( the)12.4 ( Second)12.3 ( Lease)12.3 ( Period,)12.3 ( comprising)12.3 ( \(i\))12.3 ( the)12.3 ( principal)12.3 ( amount)13 ( )]TJ 0.05 Tc 0 -1.231 Td [(of)13 ( R)0.5 (MB)13 (4)12.9 (0)13 ( mi)0.5 (lli)0.5 (on)0.5 (,)12.9 ( )0.5 (wh)0.5 (ich)13 ( i)0.5 (s)12.9 ( )0.5 (eq)0.5 (ual)13 ( t)0.5 (o)12.9 ( )0.5 (the)13 ( S)0.5 (ec)0.5 (on)0.5 (d)12.9 ( )0.5 (Pur)0.5 (ch)0.5 (as)0.5 (e)12.9 ( )0.5 (Pr)0.5 (ic)0.5 (e;)12.9 ( )0.5 (an)0.5 (d)12.9 ( )0.5 (\(i)0.5 (i\))12.9 ( )0.5 (th)0.5 (e)25 ( )]TJ 0.025 Tc 0.003 Tw 0 -1.231 Td [(interest )0.5 (payments of )0.5 (approximately )0.5 (RMB2.0 )0.5 (million, )0.5 (estimated based )0.5 (on )0.5 (an )0.5 (initial )]TJ 0.074 Tw 0 -1.231 Td (annual interest rate of 4.3% \(which is 0.7% above the Loan Prime Rate a\ s of 20 )Tj 0 Tw 0 -1.231 Td (November 2024\).)Tj 0.048 Tc 0.07 Tw 0 -2.462 Td [(The)12.4 ( Second)12.4 ( Lease)12.4 ( Payments)12.4 ( were)12.4 ( determined)12.4 ( after)12.5 ( arm\222s)12.4 ( length)12.4 ( negotiations)23 ( )]TJ 0.034 Tc 0.074 Tw 0 -1.231 Td [(between)9 ( )0.5 (the)9 ( )0.5 (contracting)9 ( )0.5 (parties)9 ( )0.5 (to)9 ( )0.5 (the)9 ( )0.5 (Second)9 ( )0.5 (Finance)9 ( )0.5 (Lease)9 ( )0.5 (Arrangement)9 ( )0.5 (with)9 ( )]TJ 0.04 Tc 0.07 Tw 0 -1.231 Td [(reference)12 ( to)12.1 ( \(i\))12.1 ( the)12.1 ( prevailing)12 ( market)12.1 ( rates,)12.1 ( which)12.1 ( include)12.1 ( the)12 ( prevailing)12.1 ( Loan)15 ( )]TJ 0.032 Tc 0.076 Tw 0 -1.231 Td [(Prime)7 ( )0.5 (Rate)7 ( )0.5 (at)7 ( )0.5 (the)7 ( )0.5 (time)7 ( )0.5 (of)7 ( )0.5 (negotiation)7 ( )0.5 (and)7 ( )0.5 (finance)7 ( )0.5 (costs)7 ( )0.5 (of)7 ( )0.5 (similar)7 ( )0.5 (finance)7 ( )0.5 (lease)7 ( )]TJ 0.025 Tc 0.026 Tw 0 -1.231 Td (arrangements in the market; and \(ii\) the duration and payment arrangem\ ent of the )Tj 0 Tw 0 -1.231 Td (Second Finance Lease Arrangement.)Tj /T1_1 1 Tf 0 -2.462 Td (Ownership of the Second Leased Assets)Tj /T1_0 1 Tf 0.046 Tc 0.07 Tw 0 -2.462 Td [(The)12.7 ( ownership)12.7 ( of)12.6 ( the)12.7 ( Second)12.7 ( Leased)12.7 ( Assets)12.7 ( will)12.7 ( be)12.7 ( transferred)12.7 ( from)12.7 ( Dongtai)21 ( )]TJ 0.025 Tc 0.081 Tw 0 -1.231 Td (CNG to the Lessor on the date when the Lessor pays the Second Purchase P\ rice )Tj 0.033 Tc 0.075 Tw 0 -1.231 Td [(t)0.5 (o)8 ( )0.5 (D)0.6 (o)0.5 (n)0.5 (g)0.6 (t)0.5 (a)0.5 (i)8 ( )0.5 (C)0.6 (N)0.5 (G)0.6 (.)8 ( )0.5 (T)0.5 (h)0.5 (e)8.1 ( )0.5 (o)0.5 (w)0.5 (n)0.6 (e)0.5 (r)0.6 (s)0.5 (h)0.5 (i)0.6 (p)8 ( )0.5 (o)0.5 (f)8 ( )0.5 (t)0.5 (h)0.6 (e)8 ( )0.5 (S)0.5 (e)0.6 (c)0.5 (o)0.5 (n)0.6 (d)8 ( )0.5 (L)0.5 (e)0.5 (a)0.6 (s)0.5 (e)0.6 (d)8 ( )0.5 (A)0.5 (s)0.6 (s)0.5 (e)0.5 (t)0.6 (s)8 ( )0.5 (w)0.5 (i)0.6 (l)0.5 (l)8 ( )0.5 (b)0.5 (e)8.1 ( v)0.6 (e)0.5 (s)0.6 (t)0.5 (e)0.5 (d)8 ( )0.5 (i)0.6 (n)8 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(the)1 ( )0.5 (Lessor)1 ( )0.5 (throughout)1 ( )0.5 (the)1 ( )0.5 (Second)0.9 ( )0.6 (Lease)1 ( )0.5 (Period.)1 ( )0.5 (At)0.9 ( )0.6 (the)1 ( )0.5 (end)1 ( )0.5 (of)1 ( )0.5 (the)1 ( )0.5 (Second)1 ( )0.5 (Lease)1 ( )]TJ 0.039 Tc 0.07 Tw 0 -1.231 Td [(Period)12.2 ( and)12.2 ( subject)12.2 ( to)12.2 ( payment)12.1 ( by)12.2 ( Dongtai)12.2 ( CNG)12.2 ( of)12.2 ( a)12.2 ( nominal)12.2 ( repurchase)12.2 ( price)14 ( )]TJ 0.03 Tc 0.078 Tw 0 -1.231 Td [(of)5 ( )0.5 (RMB)5 (1)5 (0)5 (0)5 ( )0.5 (and)5 ( )0.5 (all)5 ( )0.5 (outstanding)5 ( )0.5 (payments)5 ( )0.5 (due)5 ( )0.5 (from)5 ( )0.5 (Dongtai)5 ( )0.5 (CNG)5 ( )0.5 (to)5 ( )0.5 (the)5 ( )0.5 (Lessor)5 ( )]TJ 0.025 Tc 0.037 Tw 0 -1.231 Td (under the Second Finance Lease Agreement, the ownership of the Second Le\ ased )Tj 0 Tw 0 -1.231 Td (Assets will be transferred back to Dongtai CNG.)Tj ET endstream endobj 28 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 12 0 0 12 294.6378 18.7502 Tm (3)Tj ET q 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.064 Tc 0.07 Tw 13 0 0 13 85.0394 773.5878 Tm [(The)12.2 ( First)12.1 ( Lease)12.2 ( Payments)12.1 ( were)12.1 ( determined)12.1 ( after)12.1 ( arm\222s)12.1 ( length)12.1 ( negotiations)39 ( )]TJ 0.05 Tc 0 -1.231 Td [(between)12.4 ( the)12.4 ( contracting)12.4 ( parties)12.4 ( to)12.4 ( the)12.4 ( First)12.4 ( Finance)12.4 ( Lease)12.4 ( Arrangement)12.4 ( with)24.9 ( )]TJ 0.04 Tc 0 -1.231 Td [(reference)12 ( to)12.1 ( \(i\))12.1 ( the)12.1 ( prevailing)12 ( market)12.1 ( rates,)12.1 ( which)12.1 ( include)12.1 ( the)12 ( prevailing)12.1 ( Loan)15 ( )]TJ 0.032 Tc 0.076 Tw 0 -1.231 Td [(Prime)7 ( )0.5 (Rate)7 ( )0.5 (at)7 ( )0.5 (the)7 ( )0.5 (time)7 ( )0.5 (of)7 ( )0.5 (negotiation)7 ( )0.5 (and)7 ( )0.5 (finance)7 ( )0.5 (costs)7 ( )0.5 (of)7 ( )0.5 (similar)7 ( )0.5 (finance)7 ( )0.5 (lease)7 ( )]TJ 0.025 Tc 0.026 Tw 0 -1.231 Td (arrangements in the market; and \(ii\) the duration and payment arrangem\ ent of the )Tj 0 Tw 0 -1.231 Td (First Finance Lease Arrangement.)Tj /T1_1 1 Tf 0 -2.462 Td (Ownership of the First Leased Assets)Tj /T1_0 1 Tf 0.062 Tc 0.07 Tw 0 -2.462 Td [(The)12.7 ( ownership)12.6 ( of)12.6 ( the)12.6 ( First)12.6 ( Leased)12.6 ( Assets)12.7 ( will)12.6 ( be)12.6 ( transferred)12.6 ( from)12.6 ( Dongtai)37 ( )]TJ 0.025 Tc 0.078 Tw 0 -1.231 Td [(CNG )0.5 (to )0.5 (the )0.5 (Lessor )0.5 (on )0.5 (the )0.5 (date )0.6 (when )0.5 (the )0.5 (Lessor )0.5 (pays )0.5 (the )0.5 (First )0.5 (Purchase )0.5 (Price )0.5 (to )]TJ 0.043 Tc 0.07 Tw 0 -1.231 Td [(Dongtai)12.2 ( CNG.)12.3 ( The)12.2 ( ownership)12.3 ( of)12.3 ( the)12.2 ( First)12.3 ( Leased)12.3 ( Assets)12.2 ( will)12.2 ( be)12.3 ( vested)12.2 ( in)12.3 ( the)18 ( )]TJ 0.025 Tc 0.008 Tw 0 -1.231 Td (Lessor throughout the First Lease Period. At the end of the First Lease \ Period and )Tj 0.031 Tc 0.077 Tw 0 -1.231 Td [(subject)6 ( )0.5 (to)6 ( )0.5 (payment)6 ( )0.5 (by)6 ( )0.5 (Dongtai)6 ( )0.5 (CNG)6.1 ( )0.5 (of)6 ( )0.5 (a)6 ( )0.5 (nominal)6 ( )0.5 (repurchase)6.1 ( )0.5 (price)6 ( )0.5 (of)6 ( )0.5 (RMB)6 (1)6 (0)6 (0)6 ( )]TJ 0.047 Tc 0.07 Tw 0 -1.231 Td [(and)12.8 ( all)12.8 ( outstanding)12.7 ( payments)12.8 ( due)12.8 ( from)12.8 ( Dongtai)12.7 ( CNG)12.7 ( to)12.7 ( the)12.8 ( Lessor)12.7 ( under)12.8 ( the)22 ( )]TJ 0.025 Tc 0.058 Tw 0 -1.231 Td (First Finance Lease Agreement, the ownership of the First Leased Assets \ will be )Tj 0 Tw 0 -1.231 Td (transferred back to Dongtai CNG.)Tj /T1_1 1 Tf 0 -2.462 Td (Early Repayment)Tj /T1_0 1 Tf 0.043 Tc 0.07 Tw 0 -2.462 Td [(Subject)12.3 ( to)12.3 ( the)12.2 ( agreement)12.2 ( in)12.2 ( writing)12.3 ( by)12.3 ( the)12.3 ( Lessor,)12.3 ( Dongtai)12.2 ( CNG)12.2 ( may)12.2 ( give)12.3 ( 3)12.3 (0)18 ( )]TJ 0.025 Tc 0.056 Tw 0 -1.231 Td (days written notice to request for an early termination of the First Fin\ ance Lease )Tj 0.047 Tc 0.07 Tw 0 -1.231 Td [(Agreement)12.6 ( and)12.6 ( pay)12.5 ( the)12.6 ( Lessor)12.5 ( all)12.6 ( due)12.6 ( and)12.5 ( outstanding)12.5 ( First)12.6 ( Lease)12.6 ( Payments,)22 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(the)6 ( )0.5 (nominal)6 ( )0.5 (repurchase)6 ( )0.5 (price)6 ( )0.5 (of)6 ( )0.5 (RMB)6 (1)6 (0)6 (0)6 ( )0.5 (and)6 ( )0.5 (other)6 ( )0.5 (payable)6 ( )0.5 (amounts)6 ( )0.6 (due)6 ( )0.6 (under)6 ( )]TJ 0.06 Tc 0.07 Tw 0 -1.231 Td [(the)12.5 ( First)12.5 ( Finance)12.4 ( Lease)12.4 ( Arrangement.)12.5 ( Upon)12.4 ( which,)12.4 ( the)12.4 ( First)12.5 ( Finance)12.4 ( Lease)35 ( )]TJ 0.025 Tc 0.062 Tw 0 -1.231 Td (Agreement will be terminated, and the ownership of the First Leased Asse\ ts will )Tj 0 Tw 0 -1.231 Td (be transferred back to Dongtai CNG.)Tj /T1_1 1 Tf -2.181 -2.462 Td [(\(B\) )-497.5 (Second Finance Lease Arrangement)]TJ /T1_0 1 Tf 2.181 -2.462 Td (The principal terms of the Second Finance Lease Arrangement are set out \ below:)Tj 0 -2.462 Td (Date: 17 December 2024)Tj -0.025 Tw 0 -2.462 Td (Parties:)Tj 0 Tw 0 -2.462 Td [(\(1\) )-664.5 (the Lessor \(as purchaser and lessor\); and)]TJ 0 -2.462 Td [(\(2\) )-664.5 (Dongtai CNG \(as seller and lessee\).)]TJ ET endstream endobj 27 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 12 0 0 12 294.6378 18.7502 Tm (2)Tj /T1_1 1 Tf 0.025 Tc 13 0 0 13 56.6929 773.5878 Tm (THE DONGTAI CNG FINANCE LEASE ARRANGEMENTS)Tj 0 -2.462 Td [(\(A\) )-442.5 (First Finance Lease Arrangement)]TJ /T1_0 1 Tf 2.181 -2.462 Td (The principal terms of the First Finance Lease Arrangement are set out b\ elow:)Tj 0 -2.462 Td (Date: 17 December 2024)Tj -0.025 Tw 0 -2.462 Td (Parties:)Tj 0 Tw 0 -2.462 Td [(\(1\) )-664.5 (the Lessor \(as purchaser and lessor\); and)]TJ 0 -2.462 Td [(\(2\) )-664.5 (Dongtai CNG \(as seller and lessee\).)]TJ /T1_1 1 Tf 0 -2.462 Td (Purchase of the First Leased Assets)Tj /T1_0 1 Tf 0.049 Tc 0.07 Tw 0 -2.462 Td [(Pursuant)12.6 ( to)12.7 ( the)12.7 ( First)12.6 ( Finance)12.7 ( Lease)12.6 ( Agreement,)12.6 ( Dongtai)12.7 ( CNG)12.6 ( agreed)12.6 ( to)12.7 ( sell,)24 ( )]TJ 0.044 Tc 0 -1.231 Td [(and)12.8 ( the)12.8 ( Lessor)12.8 ( agreed)12.8 ( to)12.8 ( purchase,)12.8 ( the)12.9 ( First)12.8 ( Leased)12.8 ( Assets)12.8 ( owned)12.8 ( by)12.8 ( Dongtai)19 ( )]TJ 0.03 Tc 0.078 Tw 0 -1.231 Td [(CN)0.5 (G)5 ( )0.5 (a)0.5 (t)5 ( )0.5 (a)5 ( )0.5 (co)0.5 (ns)0.5 (ide)0.5 (r)0.5 (at)0.5 (ion)5 ( )0.5 (o)0.5 (f)5 ( )0.5 (RM)0.5 (B)5 (6)5 (0)5 (.)5 (0)5 ( )0.5 (mi)0.5 (lli)0.5 (on)5 ( )0.5 (\()0.5 (the)5.1 ( )0.5 (\223)]TJ /T1_1 1 Tf [(F)0.5 (irs)0.5 (t)5 ( )0.5 (P)0.5 (urc)0.5 (ha)0.5 (se)5 ( )0.5 (P)0.5 (r)0.5 (ice)]TJ /T1_0 1 Tf 31.805 0 Td [(\224\))0.5 (.)5 ( )0.5 (Th)0.5 (e)5 ( )]TJ 0.025 Tc 0.083 Tw -31.805 -1.231 Td [(First )0.5 (Purchase )0.5 (Price )0.5 (was )0.5 (determined )0.5 (after )0.5 (arm\222s length )0.5 (negotiations )0.5 (between )0.5 (the )]TJ 0.04 Tc 0.07 Tw 0 -1.231 Td [(contracting)12.7 ( parties)12.6 ( to)12.7 ( the)12.6 ( First)12.7 ( Finance)12.6 ( Lease)12.6 ( Agreement)12.7 ( with)12.6 ( reference)12.7 ( to)12.7 ( the)15 ( )]TJ 0.024 Tc 0 Tw 0 -1.231 Td [(appraised value of the First Leased Assets of approximately RMB66.7 mill\ ion and)-1 ( )]TJ 0.025 Tc 0 -1.231 Td (net book value of the First Leased Assets of approximately RMB60.0 milli\ on.)Tj /T1_1 1 Tf 0 -2.462 Td (Lease back of the First Leased Assets)Tj /T1_0 1 Tf 0.034 Tc 0.074 Tw 0 -2.462 Td [(P)0.5 (u)0.5 (r)0.6 (s)0.5 (u)0.5 (a)0.5 (n)0.6 (t)9 ( )0.5 (t)0.5 (o)9 ( )0.5 (t)0.5 (h)0.5 (e)9 ( )0.5 (F)0.5 (i)0.6 (r)0.5 (s)0.5 (t)9 ( )0.5 (F)0.5 (i)0.6 (n)0.5 (a)0.5 (n)0.5 (c)0.5 (e)9.1 ( )0.5 (L)0.5 (e)0.5 (a)0.6 (s)0.5 (e)9 ( )0.5 (A)0.5 (g)0.6 (r)0.5 (e)0.5 (e)0.5 (m)0.6 (e)0.5 (n)0.5 (t)0.5 (,)9 ( )0.5 (t)0.5 (h)0.6 (e)9 ( )0.5 (F)0.5 (i)0.5 (r)0.5 (s)0.6 (t)9 ( )0.5 (L)0.5 (e)0.5 (a)0.6 (s)0.5 (e)0.5 (d)9 ( )0.5 (A)0.5 (s)0.6 (s)0.5 (e)0.5 (t)0.6 (s)8.9 ( )0.6 (w)0.5 (i)0.5 (l)0.5 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(Assets from Dongtai CNG at an aggregate consideration of RMB100.0 millio\ n, and )Tj 0.071 Tw 0 -1.231 Td (\(ii\) lease back the Leased Assets to Dongtai CNG for a period of twent\ y-four \(24\) )Tj 0.047 Tc 0.07 Tw 0 -1.231 Td [(months)12.3 ( with)12.3 ( an)12.2 ( aggregate)12.3 ( lease)12.4 ( payments)12.3 ( of)12.4 ( approximately)12.3 ( RMB)12.3 (1)12.3 (0)12.3 (5)12.2 (.)12.3 (0)12.3 ( million,)22 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (which is payable by Dongtai CNG to the Lessor in eight \(8\) instalments\ .)Tj /T1_4 1 Tf 0 -2.462 Td (LISTING RULES IMPLICATIONS)Tj /T1_0 1 Tf 0.063 Tc 0.07 Tw 0 -2.462 Td [(As)12.7 ( one)12.7 ( or)12.7 ( more)12.6 ( of)12.6 ( the)12.7 ( applicable)12.7 ( percentage)12.6 ( ratioses)12.7 ( in)12.7 ( respect)12.6 ( of)12.7 ( the)12.6 ( Dongtai)38 ( )]TJ 0.06 Tc 0 -1.231 Td [(CNG)12.2 ( Finance)12.1 ( Lease)12.1 ( Arrangements,)12.2 ( when)12.2 ( aggregated)12.2 ( with)12.1 ( each)12.1 ( other,)12.1 ( exceed)35 ( )]TJ 0 -1.231 Td [(5)12.6 (%)12.6 ( 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