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[(ordinary)12.2 ( shares)12.2 ( in)12.1 ( the)12.2 ( share)12.2 ( capital)12.2 ( of)12.1 ( the)12.2 ( Company,)27 ( )]TJ 0.073 Tc 0 -1.231 Td [(with)12.5 ( a)12.5 ( nominal)12.5 ( value)12.5 ( of)12.5 ( RMB)12.6 (1)12.5 (.)12.5 (0)12.6 (0)12.5 ( each,)12.5 ( which)12.5 ( are)48 ( )]TJ 0.063 Tc 0 -1.231 Td [(su)0.5 (bsc)0.5 (ribe)0.5 (d)12.9 ( f)0.5 (or)12.9 ( )0.5 (and)13 ( pa)0.5 (id)12.9 ( )0.5 (up)12.9 ( i)0.5 (n)12.9 ( R)0.5 (MB)12.9 ( )0.5 (by)12.9 ( )0.5 (PRC)12.9 ( )0.5 (nat)0.5 (ura)0.5 (l)38 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (persons or entities established under PRC laws)Tj -0.025 Tw -13.083 -2.462 Td (\223EGM\224)Tj 0.046 Tc 0.07 Tw 13.083 0 Td [(an)12.2 ( extraordinary)12.2 ( general)12.3 ( meeting)12.2 ( or)12.3 ( any)12.2 ( adjournment)21.1 ( )]TJ 0.063 Tc 0 -1.231 Td [(thereof)12.4 ( of)12.4 ( the)12.4 ( Company)12.4 ( to)12.4 ( be)12.4 ( convened)12.4 ( to)12.4 ( consider)38 ( )]TJ 0.048 Tc 0 -1.231 Td [(and,)12.6 ( if)12.5 ( thought)12.6 ( fit,)12.6 ( approve)12.6 ( the)12.5 ( Second)12.6 ( Supplemental)23 ( )]TJ 0.132 Tc 0 -1.231 Td [(A)0.5 (gr)0.5 (ee)0.5 (me)0.5 (n)0.5 (t,)13 ( t)0.5 (he)13 ( R)0.5 (e)0.5 (vi)0.5 (se)0.5 (d)13 ( A)0.5 (nn)0.5 (ua)0.5 (l)12.9 ( )0.5 (C)0.5 (ap)0.5 (s)12.9 ( )0.5 (a)0.5 (nd)13 ( t)0.5 (he)107 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (transactions contemplated thereunder)Tj -13.083 -2.462 Td (\223First Supplemental )Tj -0.025 Tw 1.003 -1.231 Td (Agreement\224)Tj 0.083 Tc 0.07 Tw 12.08 1.231 Td [(the)12.6 ( property)12.6 ( lease)12.5 ( \(sale\))12.6 ( supplemental)12.6 ( framework)58 ( )]TJ 0.08 Tc 0 -1.231 Td [(agreement)12.7 ( entered)12.7 ( into)12.7 ( between)12.7 ( the)12.8 ( Company)12.7 ( and)55 ( )]TJ 0.081 Tc 0 -1.231 Td [(R)0.5 (i)0.6 (z)0.5 (h)0.5 (a)0.5 (o)13.1 ( )0.5 (P)0.5 (o)0.5 (r)0.6 (t)13 ( )0.5 (G)0.6 (r)0.5 (o)0.5 (u)0.5 (p)13 ( )0.6 (\()0.5 (f)0.5 (o)0.6 (r)13 ( )0.5 (i)0.5 (t)0.6 (s)0.5 (e)0.5 (l)0.5 (f)13.1 ( )0.5 (a)0.5 (n)0.5 (d)13.1 ( )0.5 (o)0.5 (n)13 ( )0.6 (b)0.5 (e)0.5 (h)0.6 (a)0.5 (l)0.5 (f)13 ( )0.6 (o)0.5 (f)13 ( )0.6 (i)0.5 (t)0.5 (s)56 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (subsidiaries\) on 23 November 2020)Tj -13.083 -2.462 Td (\223H Share\(s\)\224)Tj 0.094 Tc 0.07 Tw 13.083 0 Td [(over)0.5 (seas)12.9 ( l)0.5 (isted)12.9 ( s)0.5 (ha)0.5 (res)12.9 ( )0.5 (in)12.9 ( the)12.9 ( sh)0.5 (are)12.9 ( c)0.5 (apital)12.9 ( of)13 ( the)69 ( )]TJ 0.025 Tc 0.033 Tw 0 -1.231 Td [(Company )0.5 (with a )0.5 (nominal )0.5 (value )0.5 (of RMB1.00 )0.5 (each )0.5 (in )0.5 (the )]TJ 0.055 Tw 0 -1.231 Td (share capital of the Company, listed on the Main Board )Tj 0 Tw 0 -1.231 Td (of the Stock Exchange and traded in Hong Kong dollars)Tj -13.083 -2.462 Td (\223Hong Kong\224)Tj 0.047 Tc 0.07 Tw 13.083 0 Td [(t)0.5 (h)0.5 (e)13 ( )0.5 (H)0.5 (on)0.5 (g)13 ( )0.5 (K)0.5 (o)0.5 (n)0.5 (g)13 ( S)0.5 (p)0.5 (e)0.5 (c)0.5 (i)0.5 (a)0.5 (l)13 ( )0.5 (A)0.5 (dm)0.5 (i)0.5 (n)0.5 (i)0.5 (s)0.5 (t)0.5 (ra)0.5 (t)0.5 (i)0.5 (v)0.5 (e)13 ( )0.5 (R)0.5 (e)0.5 (gi)0.5 (o)0.5 (n)13 ( )0.5 (o)0.5 (f)13 ( )0.5 (t)0.5 (he)22 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (PRC)Tj ET endstreamendobj29 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 9 \226)Tj 0.062 Tw 13 0 0 13 56.6929 776.3179 Tm (As the highest of all applicable percentage ratios in respect of the ann\ual caps for the )Tj 0.071 Tw 0 -1.231 Td (transactions contemplated the Property Lease \(Sale\) Framework Agreemen\t as further )Tj 0.024 Tc 0 Tw 0 -1.231 Td [(amended by the Second Supplemental Agreement is higher than 5% on an ann\ual basis,)-1 ( )]TJ 0.025 Tc 0.007 Tw 0 -1.231 Td (the entering into of the Second Supplemental Agreement is subject to rep\orting, annual )Tj 0.044 Tc 0.07 Tw 0 -1.231 Td [(review,)12.3 ( announcement)12.4 ( and)12.4 ( independent)12.4 ( shareholders\222)12.5 ( approval)12.4 ( requirements)12.4 ( under)19 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Chapter 14A of the Listing Rules.)Tj /T1_1 1 Tf -0.025 Tw 0 -2.462 Td (GENERAL)Tj /T1_0 1 Tf 0.058 Tc 0.07 Tw 0 -2.462 Td [(An)12.7 ( Independent)12.7 ( Board)12.7 ( Committee)12.7 ( comprising)12.6 ( all)12.7 ( the)12.7 ( independent)12.7 ( non-executive)33 ( )]TJ 0.032 Tc 0.076 Tw 0 -1.231 Td [(Directors)7 ( )0.5 (has)7 ( )0.5 (been)7 ( )0.5 (established)6.9 ( )0.6 (to)7 ( )0.5 (advise)7 ( )0.5 (the)7 ( )0.5 (Independent)7 ( )0.5 (Shareholders)7 ( )0.5 (as)7 ( )0.5 (to)7 ( )0.5 (whether)7 ( )]TJ 0.055 Tc 0.07 Tw 0 -1.231 Td [(the)12.7 ( terms)12.7 ( of)12.7 ( the)12.7 ( Second)12.7 ( Supplemental)12.7 ( Agreement)12.7 ( \(including)12.7 ( the)12.8 ( Revised)12.7 ( Annual)30 ( )]TJ 0.04 Tc 0 -1.231 Td [(Caps\))12.3 ( and)12.3 ( the)12.4 ( transactions)12.3 ( contemplated)12.4 ( thereunder)12.4 ( are)12.4 ( fair)12.3 ( and)12.3 ( reasonable)12.3 ( and)12.3 ( are)15 ( )]TJ 0.044 Tc 0 -1.231 Td [(in)12 ( the)12.1 ( interests)12.1 ( of)12 ( the)12.1 ( Company)12 ( and)12.1 ( its)12 ( Shareholders)12.1 ( as)12.1 ( a)12 ( whole,)12.1 ( and)12.1 ( to)12.1 ( advise)12.1 ( the)19 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Independent Shareholders as to how to vote at the EGM.)Tj 0.052 Tc 0.07 Tw 0 -2.462 Td [(Gram)12.9 ( Capital)12.9 ( Limited)12.9 ( has)12.9 ( been)13 ( appointed)12.9 ( a)0.5 (s)12.9 ( the)13 ( inde)0.5 (pe)0.5 (ndent)12.9 ( fina)0.5 (nc)0.5 (ial)12.9 ( adviser)12.9 ( of)27 ( )]TJ 0.068 Tc 0 -1.231 Td [(the)12.7 ( Company)12.6 ( to)12.7 ( advise)12.7 ( the)12.7 ( Independent)12.6 ( Board)12.7 ( Committee)12.6 ( and)12.6 ( the)12.6 ( Independent)43 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Shareholders in this respect.)Tj 0.037 Tc 0.071 Tw 0 -2.462 Td [(The)12.1 ( )0.5 (EGM)12 ( )0.5 (will)12 ( )0.5 (be)12.1 ( )0.5 (convened)12 ( )0.5 (to)12 ( )0.5 (consider)12 ( )0.6 (and,)12 ( )0.5 (if)12 ( )0.5 (thought)12 ( )0.5 (fit,)12 ( )0.5 (to)12 ( )0.5 (approve,)12.1 ( )0.5 (among)11.9 ( )0.6 (other)12.1 ( )]TJ 0.067 Tc 0.07 Tw 0 -1.231 Td [(things,)12.6 ( the)12.6 ( Second)12.6 ( Supplemental)12.6 ( Agreement,)12.6 ( the)12.6 ( Revised)12.6 ( Annual)12.6 ( Caps)12.6 ( and)12.6 ( the)42 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (transactions contemplated thereunder.)Tj 0.07 Tc 0.07 Tw 0 -2.462 Td [(As)12.5 ( at)12.5 ( the)12.5 ( date)12.4 ( of)12.4 ( this)12.5 ( announcement,)12.5 ( Rizhao)12.4 ( Port)12.4 ( Group)12.4 ( and)12.4 ( its)12.4 ( associates)12.4 ( are)45 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(interested)6 ( )0.5 (in)6 ( )0.5 (8)6 (4)6.1 (0)6 (,)6 (0)6 (0)6 (0)6 (,)6 (0)6 (0)6 (0)6 ( )0.5 (Domestic)6.1 ( )0.5 (Shares,)6 ( )0.5 (representing)6 ( )0.5 (approximately)6.1 ( 5)6 (0)6.1 (.)6 (6)6 (%)6 ( )0.5 (of)6 ( )0.5 (the)6 ( )]TJ 0.025 Tc 0.08 Tw 0 -1.231 Td [(total )0.5 (issued )0.5 (share )0.5 (capital )0.5 (of )0.5 (the )0.5 (Company, )0.5 (and )0.5 (are )0.5 (required )0.5 (to )0.5 (abstain )0.5 (from )0.5 (voting )0.5 (on )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(the)6 ( )0.5 (relevant)6 ( )0.5 (resolutions)6 ( )0.5 (approving)6 ( )0.5 (the)6.1 ( )0.5 (Second)6 ( )0.5 (Supplemental)5.9 ( )0.6 (Agreement,)6 ( )0.5 (the)6 ( )0.5 (Revised)6 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Annual Caps and the transactions contemplated thereunder at the EGM.)Tj 0.047 Tc 0.07 Tw 0 -2.462 Td [(S)0.5 (a)0.6 (v)0.5 (e)13 ( )0.6 (a)0.5 (s)13 ( )0.6 (d)0.5 (i)0.5 (s)0.5 (c)0.6 (l)0.5 (o)0.5 (s)0.6 (e)0.5 (d)13 ( )0.6 (a)0.5 (b)0.5 (o)0.6 (v)0.5 (e)0.5 (,)13 ( )0.6 (t)0.5 (o)13 ( )0.5 (t)0.6 (h)0.5 (e)13.1 ( )0.5 (b)0.5 (e)0.5 (s)0.6 (t)13 ( )0.5 (o)0.6 (f)13 ( )0.5 (t)0.5 (h)0.6 (e)13 ( )0.5 (D)0.6 (i)0.5 (r)0.5 (e)0.6 (c)0.5 (t)0.5 (o)0.6 (r)0.5 (s)0.5 (\222)13.1 ( )0.5 (k)0.5 (n)0.5 (o)0.6 (w)0.5 (l)0.5 (e)0.6 (d)0.5 (g)0.5 (e)0.6 (,)13 ( )0.5 (i)0.5 (n)0.6 (f)0.5 (o)0.5 (r)0.6 (m)0.5 (a)0.5 (t)0.5 (i)0.6 (o)0.5 (n)13 ( )0.6 (a)0.5 (n)0.5 (d)22 ( )]TJ 0.053 Tc 0 -1.231 Td [(belief,)12.4 ( having)12.4 ( made)12.4 ( all)12.4 ( reasonable)12.4 ( enquiries,)12.4 ( no)12.4 ( Shareholders)12.4 ( will)12.4 ( be)12.4 ( required)12.3 ( to)28 ( )]TJ 0.039 Tc 0 -1.231 Td [(abstain)12.6 ( from)12.6 ( voting)12.6 ( on)12.7 ( the)12.6 ( relevant)12.7 ( resolutions)12.7 ( approving)12.7 ( the)12.6 ( Second)12.6 ( Supplemental)14 ( )]TJ 0.025 Tc 0.063 Tw 0 -1.231 Td (Agreement, the Revised Annual Caps and the transactions contemplated the\reunder at )Tj 0 Tw 0 -1.231 Td (the EGM.)Tj 0.075 Tw 0 -2.462 Td [(A circular containing, among others, further information on the Second )0.5 (Supplemental )]TJ 0.066 Tc 0.07 Tw 0 -1.231 Td [(Agreement,)12.8 ( a)12.8 ( letter)12.8 ( from)12.9 ( the)12.8 ( Independent)12.9 ( Board)12.9 ( Committee)12.8 ( to)12.8 ( the)12.9 ( Independent)41 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(S)0.6 (h)0.5 (a)0.5 (r)0.6 (e)0.6 (h)0.5 (o)0.5 (l)0.6 (d)0.5 (e)0.6 (r)0.5 (s)6 ( )0.5 (c)0.6 (o)0.5 (n)0.6 (t)0.5 (a)0.6 (i)0.5 (n)0.6 (i)0.5 (n)0.5 (g)6 ( )0.5 (i)0.6 (t)0.5 (s)6 ( )0.5 (r)0.6 (e)0.5 (c)0.6 (o)0.6 (m)0.5 (m)0.5 (e)0.6 (n)0.5 (d)0.6 (a)0.5 (t)0.6 (i)0.5 (o)0.6 (n)0.5 (,)6 ( )0.5 (a)6 ( )0.5 (l)0.6 (e)0.5 (t)0.6 (t)0.5 (e)0.5 (r)6.1 ( )0.5 (o)0.5 (f)6 ( )0.5 (a)0.6 (d)0.5 (v)0.6 (i)0.5 (c)0.6 (e)6 ( )0.5 (f)0.5 (r)0.6 (o)0.5 (m)6 ( )0.5 (t)0.6 (h)0.5 (e)6 ( )0.5 (i)0.6 (n)0.5 (d)0.6 (e)0.5 (p)0.6 (e)0.5 (n)0.6 (d)0.5 (e)0.6 (n)0.5 (t)6 ( )]TJ 0.091 Tc 0.07 Tw 0 -1.231 Td [(financial)12.3 ( adviser)12.3 ( to)12.3 ( the)12.4 ( Independent)12.3 ( Board)12.3 ( Committee)12.4 ( and)12.3 ( the)12.4 ( Independent)66 ( )]TJ 0.025 Tc 0.081 Tw 0 -1.231 Td (Shareholders, together with a notice to convene the EGM and the proxy fo\rm will be )Tj 0.046 Tc 0.07 Tw 0 -1.231 Td [(dispatched)12.4 ( to)12.4 ( the)12.4 ( Shareholders.)12.4 ( As)12.4 ( additional)12.4 ( time)12.5 ( is)12.4 ( required)12.4 ( for)12.4 ( the)12.4 ( Company)12.4 ( to)21 ( )]TJ 0.037 Tc 0.071 Tw 0 -1.231 Td [(p)0.5 (re)0.5 (p)0.5 (ar)0.5 (e)12 ( )0.5 (t)0.5 (he)12.1 ( )0.5 (in)0.5 (f)0.5 (or)0.5 (m)0.5 (at)0.5 (i)0.5 (on)12 ( )0.5 (t)0.5 (o)12 ( )0.5 (b)0.5 (e)12 ( )0.5 (in)0.5 (c)0.5 (lu)0.5 (d)0.5 (ed)12 ( )0.5 (i)0.5 (n)12 ( )0.5 (t)0.5 (he)12.1 ( )0.5 (ci)0.5 (r)0.5 (cu)0.5 (l)0.5 (ar)0.5 (,)12 ( )0.5 (t)0.5 (he)12.1 ( )0.5 (ci)0.5 (r)0.5 (cu)0.5 (l)0.5 (ar)12 ( )0.6 (is)12 ( )0.5 (e)0.5 (x)0.5 (pe)0.5 (c)0.5 (te)0.5 (d)12 ( )0.5 (t)0.5 (o)12 ( )0.5 (b)0.5 (e)12 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (dispatched to the Shareholders on or before 20 March 2021.)Tj ET endstreamendobj28 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 8 \226)Tj 0.049 Tc 0.07 Tw 13 0 0 13 56.6929 776.3179 Tm [(\()24 (c)24 (\))24 ( )-626.5 (The)12.2 ( relevant)12.2 ( department)12.2 ( of)12.3 ( the)12.2 ( Company)12.2 ( carrying)12.1 ( out)12.2 ( the)12.2 ( specific)12.2 ( connected)24 ( )]TJ 0.036 Tc 0.072 Tw 2.181 -1.231 Td [(transactions)11 ( )0.5 (under)11 ( )0.5 (the)11 ( )0.5 (Property)11 ( )0.5 (Lease)11 ( )0.5 (\(Sale\))11 ( )0.5 (Framework)11 ( )0.5 (Agreement)11 ( )0.5 (\(as)11 ( )0.5 (further)11 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(amended)6 ( )0.5 (by)6 ( )0.5 (the)6.1 ( )0.5 (Second)6 ( )0.5 (Supplemental)6 ( )0.5 (Agreement\))6 ( )0.6 (with)6 ( )0.5 (Rizhao)6 ( )0.5 (Port)6 ( )0.5 (Group)6 ( )0.5 (will)6.1 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(closely)4 ( )0.6 (monitor)4 ( )0.5 (the)4.1 ( )0.5 (actual)4 ( )0.6 (transaction)4 ( )0.5 (amounts)4 ( )0.5 (on)4 ( )0.5 (a)4 ( )0.5 (monthly)4 ( )0.5 (basis.)4 ( )0.5 (If)4 ( )0.5 (the)4.1 ( )0.5 (actual)4 ( )]TJ 0.025 Tc 0.027 Tw 0 -1.231 Td (transaction amounts reach approximately 85% of the Revised Annual Caps a\t any )Tj 0.043 Tw 0 -1.231 Td (time of the year, the relevant department will report to the senior mana\gement of )Tj 0.057 Tw 0 -1.231 Td (the Company, which will seek advice from the audit committee of the Comp\any, )Tj 0.04 Tc 0.07 Tw 0 -1.231 Td [(and)12.1 ( the)12.1 ( Board)12.1 ( will)12.1 ( consider)12.1 ( taking)12.2 ( appropriate)12.2 ( measures)12.1 ( to)12.2 ( revise)12.2 ( the)12.2 ( Revised)15 ( )]TJ 0.038 Tc 0 -1.231 Td [(A)0.5 (n)0.5 (n)0.5 (u)0.5 (a)0.5 (l)13 ( )0.5 (C)0.5 (a)0.5 (p)0.5 (s)13 ( )0.5 (a)0.5 (n)0.5 (d)13 ( c)0.6 (om)0.5 (p)0.5 (l)0.5 (y)13 ( )0.5 (w)0.5 (i)0.5 (t)0.5 (h)13 ( )0.5 (t)0.5 (h)0.5 (e)13 ( )0.5 (r)0.5 (e)0.5 (l)0.5 (e)0.5 (v)0.5 (a)0.5 (nt)13 ( )0.5 (a)0.6 (nn)0.5 (o)0.5 (u)0.5 (n)0.5 (c)0.5 (e)0.5 (m)0.5 (e)0.5 (n)0.5 (t)13 ( )0.5 (a)0.5 (n)0.5 (d)0.5 (/)0.5 (o)0.5 (r)12.9 ( )0.5 (s)0.5 (h)0.5 (a)0.5 (r)0.5 (e)0.5 (h)0.5 (o)0.5 (l)0.5 (d)0.5 (e)0.5 (r)0.5 (s)0.5 (\222)13 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (approval requirements in accordance with the Listing Rules;)Tj 0.085 Tc 0.07 Tw -2.181 -2.462 Td [(\()60 (d)60 (\))60 ( )-534.5 (The)12.4 ( finance)12.4 ( office)12.3 ( of)12.4 ( the)12.3 ( Company)12.3 ( will)12.3 ( perform)12.3 ( quarterly)12.4 ( check)12.3 ( on)12.4 ( the)60 ( )]TJ 0.025 Tc 0.083 Tw 2.181 -1.231 Td [(transactions entered )0.5 (into )0.5 (under )0.5 (the )0.5 (Property )0.5 (Lease )0.5 (\(Sale\) )0.5 (Framework )0.5 (Agreement )]TJ 0.037 Tc 0.071 Tw 0 -1.231 Td [(\(as)12 ( )0.5 (further)12 ( )0.5 (amended)12 ( )0.5 (by)12 ( )0.5 (the)12 ( )0.5 (Second)12 ( )0.5 (Supplemental)12 ( )0.5 (Agreement\))12 ( )0.5 (and)12 ( )0.5 (report)12 ( )0.5 (to)12 ( )0.5 (the)12 ( )]TJ 0.025 Tc 0.012 Tw 0 -1.231 Td (audit committee of the Company and the Board to ensure that the Revised \Annual )Tj 0 Tw 0 -1.231 Td (Caps are not exceeded;)Tj 0.053 Tc 0.07 Tw -2.181 -2.462 Td [(\()28 (e)28 (\))28 ( )-622.5 (The)12.8 ( Company)12.9 ( will)12.8 ( conduct)12.9 ( internal)12.9 ( control)12.8 ( review)12.8 ( and)12.8 ( financial)12.9 ( audit)12.8 ( on)12.9 ( an)28 ( )]TJ 0.025 Tc 0.024 Tw 2.181 -1.231 Td [(annual basis, financial )0.5 (monitoring and )0.5 (decision )0.5 (analysis on a half-yearly )0.5 (basis, so )]TJ 0.005 Tw 0 -1.231 Td (as to ensure that the terms of the Property Lease \(Sale\) Framework Agr\eement \(as )Tj 0.008 Tw 0 -1.231 Td (further amended by the Second Supplemental Agreement\) and the pricing p\olicies )Tj 0 Tw 0 -1.231 Td (are complied with;)Tj 0.034 Tc 0.074 Tw -2.181 -2.462 Td [(\()9 (f)9 (\))9 ( )-748.5 (Th)0.5 (e)9 ( )0.5 (aud)0.5 (itor)0.5 (s)9 ( )0.5 (of)9 ( )0.5 (t)0.5 (he)9 ( )0.5 (Co)0.5 (mpa)0.5 (ny)9 ( )0.5 (an)0.5 (d)9 ( )0.5 (the)9 ( )0.5 (i)0.5 (nde)0.5 (pen)0.5 (dent)9.1 ( )0.5 (non-)0.5 (exe)0.5 (cu)0.5 (tive)9.1 ( )0.5 (Dir)0.5 (ec)0.5 (tors)9 ( )0.6 (wil)0.5 (l)8.9 ( )]TJ 0.025 Tc 0.078 Tw 2.181 -1.231 Td (conduct annual review on the transactions entered into under the Propert\y Lease )Tj 0.034 Tc 0.074 Tw 0 -1.231 Td [(\(Sale\))9 ( )0.5 (Framework)9 ( )0.5 (Agreement)9 ( )0.5 (\(as)9 ( )0.5 (further)9 ( )0.5 (amended)9 ( )0.5 (by)9 ( )0.5 (the)9 ( )0.5 (Second)9 ( )0.5 (Supplemental)9 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Agreement\) in accordance with the Listing Rules; and)Tj 0.05 Tc 0.07 Tw -2.181 -2.462 Td [(\()25 (g)25 (\))25 ( )-569.5 (The)12.7 ( Company\222s)12.7 ( internal)12.8 ( audit)12.8 ( office)12.8 ( will)12.8 ( focus)12.8 ( on)12.7 ( the)12.8 ( above)12.8 ( internal)12.7 ( control)25 ( )]TJ 0.024 Tc 0 Tw 2.181 -1.231 Td [(measures as part of their ongoing work plan and will report to the audit\ committee)-1 ( )]TJ 0.025 Tc 0 -1.231 Td (of the Company and the Board on a quarterly basis.)Tj /T1_1 1 Tf -2.181 -2.462 Td (LISTING RULES IMPLICATIONS)Tj /T1_0 1 Tf 0.067 Tc 0.07 Tw 0 -2.462 Td [(Rizhao)12.5 ( Port)12.6 ( Group)12.6 ( is)12.6 ( a)12.5 ( controlling)12.5 ( shareholder)12.6 ( of)12.6 ( the)12.6 ( Company)12.5 ( and)12.5 ( hence)12.6 ( is)12.6 ( a)42.1 ( )]TJ 0.044 Tc 0 -1.231 Td [(connected)12.6 ( person)12.6 ( of)12.6 ( the)12.6 ( Company)12.6 ( under)12.6 ( the)12.5 ( Listing)12.6 ( Rules.)12.6 ( Therefore,)12.6 ( the)12.6 ( entering)19.1 ( )]TJ 0.057 Tc 0 -1.231 Td [(into)12.2 ( of)12.2 ( the)12.2 ( Property)12.1 ( Lease)12.1 ( \(Sale\))12.1 ( Framework)12.1 ( Agreement,)12.1 ( the)12.1 ( First)12.1 ( Supplemental)32.1 ( )]TJ 0.039 Tc 0 -1.231 Td [(Agreement,)12.8 ( the)12.8 ( Second)12.9 ( Supplemental)12.8 ( Agreement)12.8 ( and)12.9 ( the)12.8 ( transactions)12.8 ( contemplated)14 ( )]TJ 0.025 Tc 0.009 Tw 0 -1.231 Td (thereunder constitute continuing connected transactions of the Company u\nder Chapter )Tj 0 Tw 0 -1.231 Td (14A of the Listing Rules.)Tj 0.039 Tw 0 -2.462 Td (According to Rule 14A.54 of the Listing Rules, if the Company proposes t\o revise the )Tj 0.033 Tc 0.075 Tw 0 -1.231 Td [(annual)8 ( )0.6 (caps)8 ( )0.6 (for)8 ( )0.5 (its)8 ( )0.5 (continuing)8 ( )0.5 (connected)8 ( )0.5 (transactions,)8 ( )0.5 (the)8 ( )0.5 (Company)8 ( )0.5 (will)8 ( )0.5 (be)8 ( )0.5 (required)8 ( )]TJ 0.025 Tc 0.028 Tw 0 -1.231 Td (to re-comply with the provisions of Chapter 14A of the Listing Rules app\licable to the )Tj 0 Tw 0 -1.231 Td (relevant continuing connected transactions.)Tj ET endstreamendobj27 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 7 \226)Tj 0.041 Tc 0.07 Tw 13 0 0 13 56.6929 776.3179 Tm [(The)12.8 ( terms)12.7 ( of)12.7 ( the)12.8 ( Property)12.7 ( Lease)12.7 ( \(Sale\))12.8 ( Framework)12.7 ( Agreement)12.7 ( \(as)12.7 ( further)12.7 ( amended)16 ( )]TJ 0.057 Tc 0 -1.231 Td [(by)12.8 ( the)12.9 ( Second)12.8 ( Supplemental)12.8 ( Agreement\))12.8 ( have)12.9 ( been)12.9 ( arrived)12.9 ( at)12.9 ( after)12.9 ( arm\222s)12.9 ( length)32 ( )]TJ 0.038 Tc 0 -1.231 Td [(negotiations)12.2 ( between)12.2 ( the)12.2 ( parties.)12.2 ( The)12.2 ( Directors)12.2 ( \(excluding)12.2 ( all)12.3 ( the)12.2 ( independent)12.2 ( non-)]TJ 0.032 Tc 0.076 Tw 0 -1.231 Td [(executive)7 ( )0.5 (Directors)7 ( )0.5 (who)7 ( )0.5 (will)7 ( )0.5 (give)7.1 ( )0.5 (their)7 ( )0.5 (opinion)7 ( )0.5 (based)7 ( )0.5 (on)7 ( )0.5 (the)7 ( )0.5 (recommendations)7 ( )0.5 (from)7 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(the)4 ( )0.5 (independent)4 ( )0.5 (financial)4 ( )0.5 (adviser\))4 ( )0.5 (have)4 ( )0.5 (confirmed)4 ( )0.6 (that)4 ( )0.5 (the)4 ( )0.5 (transactions)4 ( )0.5 (contemplated)4 ( )]TJ 0.042 Tc 0.07 Tw 0 -1.231 Td [(under)12.3 ( the)12.3 ( Property)12.3 ( Lease)12.3 ( \(Sale\))12.2 ( Framework)12.3 ( Agreement)12.3 ( \(as)12.3 ( further)12.3 ( amended)12.3 ( by)12.2 ( the)17 ( )]TJ 0.063 Tc 0 -1.231 Td [(Second)12.8 ( Supplemental)12.8 ( Agreement\))12.8 ( \(including)12.8 ( the)12.8 ( Revised)12.8 ( Annual)12.8 ( Caps\))12.8 ( are)12.9 ( fair)38 ( )]TJ 0.034 Tc 0.074 Tw 0 -1.231 Td [(and)9 ( )0.5 (reasonable,)9 ( )0.5 (on)9 ( )0.5 (normal)9 ( )0.5 (commercial)9 ( )0.5 (terms)9 ( )0.5 (or)9 ( )0.5 (better)9.1 ( )0.5 (and)9 ( )0.5 (in)9 ( )0.5 (the)9 ( )0.5 (ordinary)9 ( )0.5 (and)9 ( )0.5 (usual)9.1 ( )]TJ 0.033 Tc 0.075 Tw 0 -1.231 Td [(course)8 ( )0.5 (of)8 ( )0.5 (business)8 ( )0.5 (of)8 ( )0.5 (the)8 ( )0.5 (Company,)8.1 ( and)8 ( )0.5 (are)8 ( )0.5 (in)8 ( )0.5 (the)8 ( )0.5 (interests)8 ( )0.5 (of)8 ( )0.5 (the)8 ( )0.5 (Company)8.1 ( )0.5 (and)8 ( )0.5 (the)8 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Shareholders as a whole.)Tj 0.014 Tw 0 -2.462 Td (None of the Directors has any material interest in the Second Supplement\al Agreement )Tj 0.076 Tw 0 -1.231 Td (and the transactions contemplated thereunder, and none of the Directors \was required )Tj 0.037 Tc 0.071 Tw 0 -1.231 Td [(to)12 ( )0.5 (abstain)12 ( )0.5 (from)12 ( )0.5 (voting)12.1 ( )0.5 (on)12 ( )0.5 (the)12 ( )0.5 (board)12 ( )0.5 (resolutions)12 ( )0.5 (approving)12 ( )0.5 (the)12 ( )0.5 (Second)12 ( )0.5 (Supplemental)12 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Agreement and the transactions contemplated thereunder.)Tj /T1_1 1 Tf 0 -2.462 Td (INTERNAL CONTROL MEASURES)Tj /T1_0 1 Tf 0.051 Tw 0 -2.462 Td (The Company has taken necessary internal control measures to ensure that\ the pricing )Tj 0.025 Tw 0 -1.231 Td (mechanism and the terms of the continuing connected transactions contemp\lated under )Tj 0.031 Tc 0.077 Tw 0 -1.231 Td [(the)6 ( )0.5 (Property)6 ( )0.5 (Lease)6 ( )0.5 (\(Sale\))6 ( )0.5 (Framework)6 ( )0.6 (Agreement)6 ( )0.5 (\(as)6 ( )0.5 (further)6 ( )0.5 (amended)6 ( )0.5 (by)6 ( )0.5 (the)6 ( )0.5 (Second)6 ( )]TJ 0.057 Tc 0.07 Tw 0 -1.231 Td [(Supplemental)12.9 ( Agreement\))12.9 ( are)12.9 ( fair)12.8 ( and)12.8 ( reasonable)12.8 ( and)12.8 ( no)12.9 ( more)12.9 ( favourable)12.9 ( to)12.8 ( the)32.1 ( )]TJ 0.037 Tc 0.071 Tw 0 -1.231 Td [(connected)12 ( )0.5 (persons)12 ( )0.5 (than)12 ( )0.5 (the)12 ( )0.5 (terms)12 ( )0.5 (offered)12 ( )0.5 (by)12 ( )0.5 (the)12 ( )0.5 (Company)12 ( )0.5 (to)12 ( )0.5 (the)12 ( )0.5 (Independent)12 ( )0.5 (Third)12.1 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (Parties:)Tj 0.026 Tc 0.082 Tw 0 -2.462 Td [(\()1 (a)1 (\))1 ( )-637.5 (Before)1 ( )0.5 (entering)1 ( )0.5 (into)1 ( )0.5 (any)1 ( )0.5 (individual)0.9 ( )0.5 (property)1 ( )0.5 (lease)1.1 ( )0.5 (agreement)1 ( )0.5 (under)1.1 ( )0.5 (the)1 ( )0.5 (Property)1 ( )]TJ 0.088 Tc 0.07 Tw 2.181 -1.231 Td [(L)0.5 (e)0.6 (a)0.6 (s)0.5 (e)13.1 ( )0.5 (\()0.6 (S)0.5 (a)0.5 (l)0.6 (e)0.5 (\))13.1 ( )0.5 (F)0.6 (r)0.5 (a)0.6 (m)0.5 (e)0.6 (w)0.5 (o)0.5 (r)0.6 (k)13 ( )0.6 (A)0.5 (g)0.6 (r)0.5 (e)0.6 (e)0.5 (m)0.6 (e)0.5 (n)0.6 (t)13 ( )0.5 (\()0.6 (a)0.5 (s)13.1 ( )0.5 (f)0.6 (u)0.5 (r)0.6 (t)0.5 (h)0.5 (e)0.6 (r)13 ( )0.6 (a)0.5 (m)0.6 (e)0.5 (n)0.6 (d)0.5 (e)0.6 (d)13 ( )0.5 (b)0.6 (y)13 ( )0.6 (t)0.5 (h)0.5 (e)13.1 ( )0.5 (S)0.6 (e)0.5 (c)0.6 (o)0.5 (n)0.6 (d)63 ( )]TJ 0.027 Tc 0.081 Tw 0 -1.231 Td [(Supplemental)2 ( )0.5 (Agreement\),)2 ( the)2.1 ( finance)2 ( )0.5 (office)2 ( )0.5 (and)2 ( )0.5 (the)2 ( )0.5 (internal)2 ( )0.5 (audit)2 ( )0.5 (office)2 ( )0.5 (of)2 ( )0.5 (the)2 ( )]TJ 0 -1.231 Td [(Co)0.5 (mpa)0.5 (ny)2 ( )0.5 (wo)0.5 (uld)2 ( )0.5 (re)0.5 (vi)0.5 (ew)2 ( )0.5 (th)0.5 (e)2 ( )0.5 (ter)0.5 (ms)2 ( )0.5 (of)2 ( )0.5 (th)0.5 (e)2 ( )0.5 (pro)0.5 (pos)0.5 (ed)2 ( )0.5 (in)0.5 (div)0.5 (idu)0.5 (al)2 ( )0.5 (ag)0.5 (ree)0.5 (me)0.5 (nts)2 ( )0.5 (a)0.5 (nd)2 ( )0.5 (\(if)2 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td [(a)0.5 (ny\))0.5 ( c)0.5 (he)0.5 (c)0.5 (k t)0.5 (he)0.5 ( h)0.5 (is)0.5 (tor)0.5 (ic)0.5 (al)0.5 ( r)0.5 (en)0.5 (t )0.5 (in)0.5 (fo)0.5 (rma)0.5 (ti)0.5 (on)0.5 ( a)0.5 (nd)0.5 ( r)0.5 (ele)0.5 (va)0.5 (nt)0.5 ( c)0.5 (os)0.5 (t )0.5 (\(i)0.5 (.e)0.5 (. d)0.5 (ep)0.5 (re)0.5 (ci)0.5 (at)0.5 (io)0.5 (n,)0.5 ( la)0.5 (n)0.5 (d )]TJ 0.028 Tc 0.08 Tw 0 -1.231 Td [(rent,)3 ( )0.5 (interests)3.1 ( )0.5 (on)3 ( )0.5 (loan\))3 ( )0.5 (to)3 ( )0.5 (ensure)3 ( )0.5 (that)3 ( )0.5 (\(i\))3 ( )0.5 (the)3 ( )0.5 (transactions)3 ( )0.5 (would)3 ( )0.5 (be)3.1 ( )0.5 (conducted)3 ( )0.5 (in)3 ( )]TJ 0.025 Tc 0.005 Tw 0 -1.231 Td (accordance with the terms of the Property Lease \(Sale\) Framework Agree\ment \(as )Tj 0.008 Tw 0 -1.231 Td (further amended by the Second Supplemental Agreement\) and the pricing p\olicies )Tj 0.04 Tc 0.07 Tw 0 -1.231 Td [(of)12.8 ( the)12.7 ( Company;)12.7 ( and)12.7 ( \(ii\))12.7 ( the)12.7 ( overall)12.7 ( terms)12.7 ( of)12.7 ( the)12.7 ( proposed)12.7 ( transactions)12.7 ( are)12.7 ( no)15 ( )]TJ 0.025 Tc 0.063 Tw 0 -1.231 Td [(more )0.5 (favourable to )0.5 (the )0.5 (connected persons )0.5 (than )0.5 (those which )0.5 (have )0.5 (been offered or )]TJ 0 Tw 0 -1.231 Td (to be offered by the Company to the Independent Third Parties;)Tj 0.072 Tc 0.07 Tw -2.181 -2.462 Td [(\()47 (b)47 (\))47 ( )-547.5 (The)12.9 ( finance)12.9 ( office)12.9 ( of)12.9 ( the)12.9 ( Company)12.9 ( will)12.8 ( perform)12.9 ( half-yearly)12.9 ( check)12.9 ( on)12.8 ( the)47 ( )]TJ 0.025 Tc 0.083 Tw 2.181 -1.231 Td [(transactions entered )0.5 (into )0.5 (under )0.5 (the )0.5 (Property )0.5 (Lease )0.5 (\(Sale\) )0.5 (Framework )0.5 (Agreement )]TJ 0.088 Tc 0.07 Tw 0 -1.231 Td [(\(as)12.8 ( further)12.7 ( amended)12.7 ( by)12.7 ( the)12.7 ( Second)12.7 ( Supplemental)12.8 ( Agreement\))12.7 ( to)12.7 ( ensure)63.1 ( )]TJ 0.06 Tc 0 -1.231 Td [(compliance)12.2 ( with)12.2 ( pricing)12.2 ( policies)12.2 ( and)12.2 ( that)12.1 ( the)12.2 ( Revised)12.2 ( Annual)12.2 ( Caps)12.2 ( are)12.2 ( not)35 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (exceeded;)Tj ET endstreamendobj22 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 6 \226)Tj 0.056 Tc 0.07 Tw 13 0 0 13 56.6929 776.3179 Tm [(The)12.6 ( revision)12.6 ( of)12.6 ( existing)12.7 ( annual)12.6 ( caps)12.6 ( for)12.6 ( the)12.6 ( transactions)12.6 ( contemplated)12.7 ( under)12.6 ( the)31 ( )]TJ 0.025 Tc 0.039 Tw 0 -1.231 Td [(Second Supplemental Agreement )0.5 (was mainly due to )0.5 (the estimated rent from )0.5 (the )0.5 (West-)]TJ 0.074 Tw 0 -1.231 Td (6 berth, which were determined with reference to the expected rental amo\unt payable )Tj 0 Tw 0 -1.231 Td (by Rizhao Port Group to the Company in respect of the lease of the West-\6 berth.)Tj /T1_1 1 Tf 0 -2.462 Td (INFORMATION OF THE PARTIES)Tj /T1_0 1 Tf 0.032 Tc 0.076 Tw 0 -2.462 Td [(The)7 ( )0.5 (Company,)7 ( )0.5 (a)7 ( )0.5 (joint)7 ( )0.5 (stock)7 ( )0.5 (company)7 ( )0.5 (incorporated)7 ( )0.5 (in)7 ( )0.5 (the)7 ( )0.5 (PRC)7 ( )0.5 (with)7 ( )0.5 (limited)7 ( )0.5 (liability,)7 ( )]TJ 0.03 Tc 0.078 Tw 0 -1.231 Td [(is)5 ( )0.5 (principally)5 ( )0.5 (engaged)5 ( )0.5 (in)5 ( )0.5 (comprehensive)5 ( )0.6 (port-related)5 ( )0.5 (services,)5 ( )0.5 (including)5 ( )0.5 (stevedoring,)5 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (berth leasing, port management, storage, and logistics agency services.)Tj 0.065 Tc 0.07 Tw 0 -2.462 Td [(Rizhao)12.7 ( Port)12.7 ( Group,)12.7 ( a)12.7 ( company)12.7 ( established)12.7 ( in)12.7 ( the)12.7 ( PRC)12.7 ( with)12.7 ( limited)12.7 ( liability,)12.7 ( is)40 ( )]TJ 0.054 Tc 0 -1.231 Td [(principally)12.6 ( engaged)12.6 ( in)12.6 ( port)12.7 ( operations,)12.6 ( logistics,)12.6 ( construction,)12.6 ( finance)12.6 ( and)12.7 ( trade.)29 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(R)0.5 (i)0.6 (z)0.6 (h)0.5 (a)0.5 (o)1.1 ( P)0.6 (o)0.5 (r)0.6 (t)1 ( )0.5 (G)0.5 (r)0.6 (o)0.5 (u)0.6 (p)1 ( )0.5 (i)0.5 (s)1 ( )0.5 (a)1 ( )0.5 (d)0.6 (i)0.5 (r)0.6 (e)0.5 (c)0.6 (t)1 ( )0.5 (w)0.5 (h)0.6 (o)0.5 (l)0.6 (l)0.5 (y)0.6 (-)0.5 (o)0.6 (w)0.5 (n)0.6 (e)0.5 (d)1 ( )0.5 (s)0.6 (u)0.5 (b)0.5 (s)0.6 (i)0.5 (d)0.6 (i)0.5 (a)0.6 (r)0.5 (y)1 ( )0.5 (o)0.6 (f)1 ( )0.5 (S)0.5 (h)0.6 (a)0.5 (n)0.6 (d)0.5 (o)0.5 (n)0.6 (g)1 ( )0.5 (P)0.5 (o)0.6 (r)0.5 (t)1 ( )0.5 (G)0.6 (r)0.5 (o)0.6 (u)0.5 (p)1 ( )0.5 (C)0.6 (o)0.5 (.)0.5 (,)1 ( )]TJ 0.038 Tc 0.07 Tw 0 -1.231 Td [(L)0.5 (t)0.5 (d)0.5 (.)13 ( )0.5 (\()]TJ /C0_0 1 Tf 0.276 Tc -0.276 Tw 2.617 0 Td <0286060707B20CA502790DAB0FA003DE082202AE0321>Tj /T1_0 1 Tf 0.038 Tc 0.07 Tw 13.913 0 Td [(\))0.5 (,)13 ( )0.5 (w)0.5 (h)0.5 (i)0.5 (c)0.5 (h)13 ( )0.5 (i)0.5 (s)13 ( )0.5 (a)13 ( )0.5 (s)0.5 (t)0.5 (a)0.5 (t)0.5 (e)0.5 (-)0.5 (o)0.5 (w)0.5 (n)0.5 (e)0.5 (d)13 ( )0.5 (e)0.5 (n)0.5 (t)0.5 (e)0.5 (r)0.5 (p)0.5 (r)0.5 (i)0.5 (s)0.5 (e)13 ( )0.6 (ul)0.5 (t)0.5 (i)0.5 (m)0.5 (a)0.5 (t)0.5 (e)0.5 (l)0.5 (y)13 ( )]TJ 0.025 Tc 0 Tw -16.53 -1.231 Td [(co)0.5 (ntro)0.5 (lle)0.5 (d by )0.5 (Sha)0.5 (ndon)0.5 (g Pr)0.5 (ovin)0.5 (cia)0.5 (l St)0.5 (ate-)0.5 (own)0.5 (ed )0.5 (Ass)0.5 (ets)0.5 ( Sup)0.5 (ervi)0.5 (sio)0.5 (n an)0.5 (d Ad)0.5 (mini)0.5 (stra)0.5 (tio)0.5 (n )]TJ -0.025 Tw 0 -1.231 Td (Commission.)Tj /T1_1 1 Tf 0.1 Tc 0.07 Tw 0 -2.462 Td [(REASONS)12.4 ( FOR)12.4 ( AND)12.4 ( BENEFITS)12.4 ( OF)12.4 ( ENTERING)12.4 ( INTO)12.4 ( THE)12.4 ( SECOND)75 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (SUPPLEMENTAL AGREEMENT)Tj /T1_0 1 Tf 0.031 Tc 0.077 Tw 0 -2.462 Td [(As)6 ( )0.5 (disclosed)6 ( )0.5 (in)6 ( )0.5 (the)6 ( )0.5 (interim)6 ( )0.5 (report)6.1 ( )0.5 (of)6 ( )0.5 (the)6 ( )0.5 (Company)6 ( )0.6 (for)6 ( )0.5 (the)6 ( )0.5 (six)6 ( )0.5 (months)6 ( )0.5 (ended)6 ( )0.5 (3)6 (0)6 ( )0.5 (June)6.1 ( )]TJ 0.025 Tc 0.08 Tw 0 -1.231 Td (2020 published on 18 September 2020, the Company successfully acquired t\he West-)Tj 0.036 Tc 0.072 Tw 0 -1.231 Td [(6)11 ( )0.5 (berth)11 ( )0.5 (in)11 ( )0.5 (November)11 ( )0.5 (2)11 (0)11 (1)11 (9)11 ( )0.5 (and)11 ( )0.5 (the)11 ( )0.5 (berth)11 ( )0.5 (reconstruction)11 ( )0.5 (project)11 ( )0.5 (was)11 ( )0.5 (slightly)11 ( )0.5 (delayed)11 ( )]TJ 0 -1.231 Td [(d)0.5 (u)0.6 (e)11 ( )0.5 (t)0.5 (o)11 ( )0.5 (t)0.5 (h)0.5 (e)11.1 ( )0.5 (i)0.5 (m)0.5 (p)0.5 (a)0.6 (c)0.5 (t)11 ( )0.5 (o)0.5 (f)11.1 ( )0.5 (C)0.5 (O)0.5 (V)0.6 (I)0.5 (D)0.6 (-)11 (1)10.9 (9)11.1 ( )0.5 (p)0.5 (a)0.5 (n)0.6 (d)0.5 (e)0.5 (m)0.5 (i)0.6 (c)11 ( )0.5 (a)0.5 (n)0.6 (d)10.9 ( )0.6 (m)0.5 (a)0.5 (r)0.6 (k)0.5 (e)0.5 (t)11 ( )0.5 (f)0.6 (a)0.5 (c)0.5 (t)0.6 (o)0.5 (r)0.5 (s)11 ( )0.5 (b)0.6 (u)0.5 (t)11 ( )0.5 (t)0.5 (h)0.5 (e)11.1 ( )0.5 (r)0.5 (e)0.5 (c)0.6 (o)0.5 (n)0.5 (s)0.6 (t)0.5 (r)0.5 (u)0.6 (c)0.5 (t)0.5 (i)0.5 (o)0.6 (n)11 ( )]TJ 0.041 Tc 0.07 Tw 0 -1.231 Td [(of)12.6 ( the)12.5 ( West-)12.5 (6)12.5 ( berth)12.6 ( was)12.6 ( expected)12.5 ( to)12.6 ( move)12.6 ( forward)12.5 ( by)12.6 ( the)12.6 ( end)12.5 ( of)12.5 ( 2)12.5 (0)12.6 (2)12.5 (0)12.5 ( with)12.5 ( further)16 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (improvement of the pandemic control and gradual stabilisation of market \development.)Tj 0.024 Tc 0 -2.462 Td [(I)0.5 (n)0.5 ( )0.5 (t)0.5 (h)0.5 (e)0.6 ( s)0.6 (e)0.5 (c)0.5 (o)0.5 (n)0.5 (d)0.5 ( )0.5 (h)0.5 (a)0.5 (l)0.6 (f)0.5 ( )0.5 (o)0.5 (f)0.5 ( )0.5 (2)0.5 (0)0.5 (2)0.5 (0)0.5 (,)0.5 ( )0.5 (g)0.5 (l)0.5 (o)0.5 (b)0.5 (a)0.5 (l)0.6 ( )0.5 (m)0.5 (a)0.5 (r)0.5 (k)0.5 (e)0.5 (t)0.5 ( )0.5 (r)0.5 (e)0.6 (m)0.5 (a)0.5 (i)0.5 (n)0.5 (s)0.5 ( )0.5 (u)0.5 (n)0.5 (c)0.5 (e)0.6 (r)0.5 (t)0.5 (a)0.5 (i)0.5 (n)0.5 ( )0.5 (w)0.5 (i)0.5 (t)0.5 (h)0.5 ( )0.5 (t)0.5 (h)0.6 (e)0.5 ( )0.5 (r)0.5 (e)0.5 (c)0.5 (u)0.5 (r)0.5 (r)0.6 (i)0.5 (n)0.5 (g)0.5 ( )0.5 (o)0.5 (u)0.5 (t)0.5 (b)0.5 (r)0.5 (e)0.5 (a)0.5 (k)-1 ( )]TJ 0.041 Tc 0.07 Tw 0 -1.231 Td [(of)12.2 ( COVID-)12.2 (1)12.3 (9)12.2 ( pandemic.)12.3 ( There)12.3 ( had)12.2 ( been)12.3 ( slow)12.3 ( progress)12.3 ( in)12.3 ( the)12.3 ( reconstruction)12.3 ( of)12.3 ( the)16 ( )]TJ 0.025 Tc 0.083 Tw 0 -1.231 Td [(West-6 )0.5 (berth )0.5 (due )0.5 (to the )0.5 (COVID-19 pandemic )0.5 (and )0.5 (various )0.5 (market )0.5 (factors )0.5 (and )0.5 (as )0.5 (such )]TJ 0 Tw 0 -1.231 Td (the completion time of the berth reconstruction project is uncertain.)Tj 0.042 Tc 0.07 Tw 0 -2.462 Td [(Taking)12.2 ( into)12.3 ( account)12.3 ( \(a\))12.3 ( the)12.2 ( uncertainty)12.3 ( of)12.3 ( the)12.3 ( completion)12.3 ( time)12.3 ( of)12.2 ( the)12.3 ( West-)12.2 (6)12.3 ( berth)17 ( )]TJ 0.034 Tc 0.074 Tw 0 -1.231 Td [(reconstruction)8.9 ( )0.5 (project)9 ( )0.5 (due)9 ( )0.5 (to)9 ( )0.5 (the)9 ( )0.5 (factors)9 ( )0.6 (as)9 ( )0.5 (discussed)9 ( )0.5 (above;)9 ( )0.5 (\(b\))9 ( )0.5 (the)9 ( )0.5 (Company\222s)9 ( )0.5 (aim)9 ( )]TJ 0.044 Tc 0.07 Tw 0 -1.231 Td [(to)12.8 ( work)12.8 ( out)12.8 ( an)12.8 ( appropriate)12.8 ( arrangement)12.8 ( to)12.8 ( ensure)12.8 ( suitable)12.8 ( economic)12.8 ( benefits)12.8 ( to)12.8 ( be)19.1 ( )]TJ 0.033 Tc 0.075 Tw 0 -1.231 Td [(accrued)8 ( )0.5 (to)8 ( )0.5 (the)8 ( )0.5 (Company)8 ( )0.5 (after)8 ( )0.5 (the)8 ( )0.5 (completion)8.1 ( of)8.1 ( )0.5 (the)8 ( )0.6 (acquisition)8 ( )0.5 (of)8 ( )0.5 (the)8 ( )0.5 (West-)8 (6)8 ( )0.5 (berth;)8 ( )]TJ 0.053 Tc 0.07 Tw 0 -1.231 Td [(and)12.5 ( \(c\))12.5 ( the)12.6 ( West-)12.6 (6)12.5 ( berth)12.6 ( is)12.5 ( currently)12.6 ( equipped)12.5 ( with)12.6 ( port)12.6 ( facilities)12.6 ( specialised)12.5 ( for)28 ( )]TJ 0.044 Tc 0 -1.231 Td [(container)12.5 ( cargoes,)12.4 ( the)12.4 ( Board)12.4 ( considers)12.4 ( that)12.4 ( entering)12.4 ( into)12.4 ( the)12.4 ( Second)12.4 ( Supplemental)19.1 ( )]TJ 0.055 Tc 0 -1.231 Td [(Agreement)12.5 ( to)12.5 ( lease)12.6 ( the)12.6 ( West-)12.5 (6)12.5 ( berth)12.5 ( as)12.5 ( a)12.5 ( temporary)12.5 ( arrangement)12.5 ( will)12.5 ( enable)12.5 ( the)30 ( )]TJ 0.025 Tc 0.028 Tw 0 -1.231 Td (Company to establish an additional revenue stream such that economic ben\efits can be )Tj 0 Tw 0 -1.231 Td (accrued to the Company in relation to the West-6 berth.)Tj ET endstreamendobj5 0 obj</LastModified/NumberofPages 1/OriginalDocumentID/PageUIDList<>/PageWidthList<>>>>>/Resources<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/Properties<>/Shading<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj6 0 obj</LastModified/NumberofPages 1/OriginalDocumentID/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj7 0 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Tw 0 -1.231 Td [(\(Sale\))1.1 ( )0.5 (Framework)1 ( )0.6 (Agreement)0.9 ( )0.5 (\(as)1 ( )0.5 (amended)1 ( )0.5 (by)1 ( )0.5 (the)1 ( )0.5 (First)1 ( )0.5 (Supplemental)1 ( )0.5 (Agreement\))1 ( )0.5 (for)1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (the financial year ending 31 December 2021 are set out as follows:)Tj /T1_1 1 Tf -0.025 Tw 0 -6.154 Td (Property)Tj 0 Tw 31.518 3.692 Td (For the year )Tj -0.025 Tw 2.536 -1.231 Td (ending )Tj 0 Tw -2.816 -1.231 Td (31 December)Tj -0.025 Tw 3.756 -1.231 Td (2021)Tj /T1_0 1 Tf 13 0 3.4833 13 507.6998 616.4089 Tm (RMB)Tj 0 Tw 13 0 0 13 56.6929 584.4089 Tm (West-1 berth and West-2 berth)Tj -0.025 Tw 32.868 0 Td (8,260,000)Tj 0 Tw -32.868 -1.231 Td (Temporarily leased berths)Tj -0.025 Tw 32.868 0 Td (5,000,000)Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 450.7086 563.9989 cm 0 0 m 87.874 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 445.0394 565.3999 Tm ( )Tj 0.025 Tc -0.025 Tw -29.873 -2.462 Td (Total)Tj 32.343 0 Td (13,260,000)Tj ET 2.5 w q 1 0 0 1 450.7087 527.8353 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7087 524.5028 cm 0 0 m 87.874 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 445.0394 525.7363 Tm ( )Tj 0.025 Tc 0.068 Tw -29.873 -2.335 Td (The Revised Annual Caps for the transactions contemplated under the Prop\erty Lease )Tj 0.065 Tc 0.07 Tw 0 -1.231 Td [(\(Sale\))12.3 ( Framework)12.3 ( Agreement)12.3 ( \(as)12.3 ( further)12.3 ( amended)12.3 ( by)12.3 ( the)12.2 ( Second)12.3 ( Supplemental)40 ( )]TJ 0.025 Tc 0.037 Tw 0 -1.231 Td (Agreement\), which include the lease of the West-6 berth, for the financ\ial year ending )Tj 0 Tw 0 -1.231 Td (31 December 2021 are set out as follows:)Tj /T1_1 1 Tf 31.518 -2.462 Td (For the year )Tj -0.025 Tw 2.536 -1.231 Td (ending )Tj 0 Tw -2.816 -1.231 Td (31 December)Tj -0.025 Tw -31.238 -1.231 Td (Property)Tj 34.993 0 Td (2021)Tj /T1_0 1 Tf -0.198 -1.231 Td (RMB)Tj 0 Tw -34.795 -2.462 Td (West-1 berth and West-2 berth)Tj -0.025 Tw 32.868 0 Td (8,260,000)Tj 0 Tw -32.868 -1.231 Td (West-6 berth)Tj -0.025 Tw 32.343 0 Td (14,500,000)Tj 0 Tw -32.343 -1.231 Td (Temporarily leased berths)Tj -0.025 Tw 32.868 0 Td (5,000,000)Tj ET 0.5 w q 1 0 0 1 450.7086 282.9771 cm 0 0 m 87.874 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 445.0394 284.3781 Tm ( )Tj 0.025 Tc -0.025 Tw -29.873 -2.462 Td (Total)Tj 32.343 0 Td (27,760,000)Tj ET 2.5 w q 1 0 0 1 450.7087 246.8136 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7087 243.481 cm 0 0 m 87.874 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 445.0394 244.7145 Tm ( )Tj 0.025 Tc 0.032 Tw -29.873 -2.335 Td (Save for such revision in the annual caps, the scope of services, the pr\icing policy and )Tj 0.03 Tw 0 -1.231 Td (other terms of the Property Lease \(Sale\) Framework Agreement shall rem\ain valid and )Tj 0.076 Tw 0 -1.231 Td (in full force and effect. The Board confirms that as at the date of this\ announcement, )Tj 0.062 Tc 0.07 Tw 0 -1.231 Td [(the)12.6 ( transaction)12.6 ( amounts)12.5 ( under)12.5 ( the)12.6 ( Property)12.5 ( Lease)12.6 ( \(Sale\))12.6 ( Framework)12.5 ( Agreement)37 ( )]TJ 0.039 Tc 0 -1.231 Td [(have)12.8 ( not)12.8 ( exceeded)12.8 ( the)12.8 ( existing)12.8 ( annual)12.8 ( caps)12.7 ( for)12.8 ( the)12.7 ( transactions)12.7 ( contemplated)12.7 ( under)14.1 ( )]TJ 0.051 Tc 0 -1.231 Td [(the)12.5 ( Property)12.4 ( Lease)12.5 ( \(Sale\))12.4 ( Framework)12.5 ( Agreement)12.5 ( for)12.5 ( the)12.5 ( financial)12.5 ( year)12.5 ( ending)12.5 ( 3)12.4 (1)26 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (December 2021.)Tj ET endstreamendobj54 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 /T1_1 1 Tf 13 0 0 13 56.6929 776.409 Tm (Nature of transaction)Tj /T1_0 1 Tf 0.029 Tc 0.079 Tw 0 -2.462 Td [(Pursuant)4 ( )0.5 (to)4 ( )0.5 (the)4 ( )0.5 (Property)4 ( )0.5 (Lease)4 ( )0.5 (\(Sale\))4 ( )0.5 (Framework)4 ( )0.5 (Agreement)4 ( )0.5 (\(as)4 ( )0.5 (further)4.1 ( )0.5 (amended)4 ( )0.5 (by)4.1 ( )]TJ 0.043 Tc 0.07 Tw 0 -1.231 Td [(the)12.2 ( Second)12.2 ( Supplemental)12.2 ( Agreement\),)12.2 ( Rizhao)12.2 ( Port)12.2 ( Group)12.3 ( agreed)12.3 ( to)12.3 ( lease)12.3 ( from)12.3 ( the)18 ( )]TJ 0.025 Tc 0.073 Tw 0 -1.231 Td (Company the West-1 berth, West-2 berth, West-6 berth and temporarily lea\sed berths )Tj 0 Tw 0 -1.231 Td (and other relevant properties from time to time.)Tj /T1_1 1 Tf 0 -2.462 Td (Pricing policy)Tj /T1_0 1 Tf 0.046 Tc 0.07 Tw 0 -2.462 Td [(The)12.7 ( rent)12.7 ( in)12.7 ( respect)12.7 ( of)12.7 ( the)12.7 ( lease)12.7 ( of)12.7 ( the)12.6 ( West-)12.7 (1)12.7 ( berth,)12.7 ( West-)12.7 (2)12.6 ( berth)12.7 ( and)12.6 ( temporarily)21 ( )]TJ 0.038 Tc 0 -1.231 Td [(leased)12.5 ( berths)12.5 ( was)12.5 ( determined)12.5 ( by)12.4 ( both)12.4 ( parties)12.5 ( through)12.5 ( arm\222s)12.5 ( length)12.5 ( negotiation)12.5 ( with)13 ( )]TJ 0.063 Tc 0 -1.231 Td [(reference)12.2 ( to)12.2 ( \(a\))12.2 ( area)12.2 ( leased,)12.2 ( geographic)12.2 ( location)12.2 ( and)12.2 ( profile)12.1 ( of)12.2 ( the)12.2 ( surrounding)38 ( )]TJ 0.044 Tc 0 -1.231 Td [(a)0.5 (re)0.5 (a)0.5 (;)12.9 ( )0.5 (\()0.5 (b\))13 ( )0.5 (hi)0.5 (st)0.5 (o)0.5 (ri)0.5 (c)0.5 (al)13 ( )0.5 (re)0.5 (n)0.5 (t;)13 ( \()0.5 (c)0.5 (\))13 ( J)0.5 (on)0.5 (e)0.5 (s)12.9 ( )0.5 (L)0.5 (an)0.5 (g)13 ( L)0.5 (a)0.5 (Sa)0.5 (l)0.5 (le)13 ( )0.5 (Co)0.5 (rp)0.5 (o)0.5 (ra)0.5 (t)0.5 (e)12.9 ( )0.5 (A)0.5 (pp)0.5 (r)0.5 (ai)0.5 (s)0.5 (al)13 ( )0.5 (an)0.5 (d)13 ( A)0.5 (dv)0.5 (i)0.5 (so)0.5 (r)0.5 (y)19 ( )]TJ 0.025 Tc 0.006 Tw 0 -1.231 Td (Limited\222s opinion on the fairness of the rent as at the execution per\iod in 2019; and \(d\) )Tj 0 Tw 0 -1.231 Td (depreciation costs of such assets plus an expected rate of return.)Tj 0.044 Tc 0.07 Tw 0 -2.462 Td [(The)12.1 ( rent)12.1 ( in)12 ( respect)12 ( of)12.1 ( the)12.1 ( lease)12.1 ( of)12.1 ( the)12 ( West-)12.1 (6)12.1 ( berth)12 ( was)12.1 ( calculated)12.1 ( by)12.1 ( both)12 ( parties)19 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(through)1 ( )0.5 (arm\222s)1 ( )0.5 (length)1 ( )0.5 (negotiation)1 ( )0.5 (with)1 ( )0.6 (reference)1 ( )0.5 (to)1 ( )0.5 (the)1 ( )0.5 (depreciation)1 ( )0.5 (of)1 ( )0.5 (the)1 ( )0.5 (berth,)1 ( )0.5 (land)1 ( )]TJ 0.033 Tc 0.075 Tw 0 -1.231 Td [(rent,)8 ( )0.5 (interest)8 ( )0.5 (on)8 ( )0.5 (loan)8 ( )0.5 (and)8 ( )0.5 (the)8.1 ( )0.5 (estimated)8 ( )0.5 (current)8 ( )0.5 (reasonable)8 ( )0.5 (profit.)8 ( )0.5 (The)8 ( )0.5 (annual)8 ( )0.5 (rent)8.1 ( )0.5 (of)8 ( )]TJ 0.025 Tc 0.062 Tw 0 -1.231 Td (the West-6 berth is estimated to be approximately RMB16.13 million. The \actual rent )Tj 0.014 Tw 0 -1.231 Td [(commencing )0.5 (from )0.5 (the )0.5 (effective )0.6 (date )0.5 (of )0.5 (the )0.5 (Second )0.5 (Supplemental )0.5 (Agreement )0.5 (to )0.5 (the )0.5 (end )]TJ 0 Tw 0 -1.231 Td (of 2021 is estimated to be approximately RMB14.5 million.)Tj /T1_1 1 Tf 0 -2.462 Td (HISTORICAL AMOUNTS)Tj /T1_0 1 Tf 0.066 Tc 0.07 Tw 0 -2.462 Td [(The)12.2 ( historical)12.2 ( transaction)12.2 ( amounts)12.2 ( under)12.2 ( the)12.2 ( Property)12.2 ( Lease)12.2 ( \(Sale\))12.2 ( Framework)41 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Agreement for each of the financial years ended 31 December 2018, 2019 a\nd 2020 are )Tj 0 -1.231 Td (listed below:)Tj /T1_1 1 Tf -0.025 Tw 0 -3.692 Td (Property)Tj 0 Tw 20.166 1.231 Td (For the years ended 31 December)Tj -0.025 Tw 1.744 -1.231 Td (2018)Tj 6.541 0 Td (2019)Tj 6.541 0 Td (2020)Tj /T1_0 1 Tf 13 0 3.4833 13 337.6211 280.409 Tm (RMB)Tj 6.541 0 Td (RMB)Tj 6.541 0 Td (RMB)Tj 13 0 0 13 318.9745 264.409 Tm (\(audited\))Tj 6.541 0 Td (\(audited\))Tj 5.491 0 Td (\(unaudited\))Tj 0 Tw -32.208 -2.462 Td (West-1 berth and West-2 berth)Tj -0.025 Tw 19.785 0 Td (7,264,000)Tj 6.541 0 Td (7,418,000)Tj 5.216 0 Td (7,281,580.76)Tj 0 Tw -31.543 -1.231 Td (Temporarily leased berths)Tj -0.025 Tw 20.585 0 Td (331,000)Tj 6.541 0 Td (338,000)Tj 4.416 0 Td (4,459,216.98)Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 294.8032 211.9989 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 289.1339 213.3999 Tm ( )Tj ET q 1 0 0 1 379.8425 211.9989 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 374.1732 213.3999 Tm ( )Tj ET q 1 0 0 1 464.8819 211.9989 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 459.2126 213.3999 Tm ( )Tj 0.025 Tc -0.025 Tw -30.963 -2.462 Td (Total)Tj 19.785 0 Td (7,595,000)Tj 6.541 0 Td (7,756,000)Tj 4.691 0 Td (11,740,797.74)Tj ET 2.5 w q 1 0 0 1 294.8032 175.8354 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 294.8032 172.5029 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 289.1339 173.7364 Tm ( )Tj ET 2.5 w q 1 0 0 1 379.8425 175.8354 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 379.8426 172.5029 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 374.1732 173.7364 Tm ( )Tj ET 2.5 w q 1 0 0 1 464.8819 175.8354 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 464.8819 172.5029 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 459.2126 173.7364 Tm ( )Tj ET endstreamendobj53 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 /T1_1 1 Tf -0.025 Tw 13 0 0 13 56.6929 776.409 Tm (INTRODUCTION)Tj /T1_0 1 Tf 0.071 Tc 0.07 Tw 0 -2.462 Td [(Ref)0.5 (erenc)0.5 (es)12.9 ( a)0.5 (re)12.9 ( ma)0.5 (de)12.9 ( to)12.9 ( )0.5 (the)12.9 ( Pr)0.5 (ospec)0.5 (tus)12.9 ( an)0.5 (d)12.9 ( the)12.9 ( a)0.5 (nnounc)0.5 (ement)13 ( of)12.9 ( the)13 ( Compa)0.5 (ny)46 ( )]TJ 0.046 Tc 0 -1.231 Td [(da)0.5 (ted)13 ( 2)12.9 (3)12.9 ( N)0.5 (ove)0.5 (mbe)0.5 (r)12.9 ( 2)12.9 (0)13 (2)12.9 (0)12.9 ( \()0.5 (the)12.9 ( )0.5 (\223)]TJ /T1_1 1 Tf -0.046 Tw [(An)0.5 (noun)0.5 (cem)0.5 (ent)]TJ /T1_0 1 Tf 0.07 Tw [(\224)0.5 (\))12.9 ( i)0.5 (n)12.9 ( re)0.5 (lat)0.5 (ion)12.9 ( )0.5 (to)12.9 ( t)0.5 (he)12.9 ( )0.5 (Prope)0.5 (rty)13 ( Le)0.5 (ase)21 ( )]TJ 0.037 Tc 0.071 Tw 0 -1.231 Td [(\(Sale\))12 ( )0.5 (Framework)12 ( )0.5 (Agreement)12 ( )0.5 (entered)12 ( )0.5 (into)12 ( )0.5 (on)12 ( )0.5 (2)12 (4)12 ( )0.5 (May)12 ( )0.5 (2)12 (0)12 (1)12 (9)12 ( )0.5 (as)12 ( )0.5 (amended)12 ( )0.5 (by)12 ( )0.5 (the)12.1 ( )0.5 (First)11.9 ( )]TJ 0.049 Tc 0.07 Tw 0 -1.231 Td [(Supplemental)12.7 ( Agreement)12.6 ( on)12.7 ( 2)12.7 (3)12.6 ( November)12.7 ( 2)12.7 (0)12.6 (2)12.7 (0)12.6 ( by)12.7 ( the)12.7 ( Company)12.7 ( and)12.7 ( Rizhao)12.7 ( Port)23.9 ( )]TJ 0.02 Tc 0 Tw 0 -1.231 Td [(Group \(for itself and on behalf of its subsidiaries\). Pursuant to the \Property Lease \(Sale\))-5 ( )]TJ 0.047 Tc 0.07 Tw 0 -1.231 Td [(Framework)12.2 ( Agreement)12.1 ( and)12.2 ( the)12.2 ( First)12.2 ( Supplemental)12.2 ( Agreement,)12.2 ( Rizhao)12.2 ( Port)12.2 ( Group)22 ( )]TJ 0.044 Tc 0 -1.231 Td [(agreed)12.4 ( to)12.4 ( lease)12.4 ( from)12.4 ( the)12.4 ( Company)12.4 ( the)12.4 ( West-)12.5 (1)12.4 ( berth,)12.5 ( West-)12.4 (2)12.4 ( berth)12.4 ( and)12.4 ( temporarily)19.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (leased berths and other relevant properties from time to time.)Tj 0.052 Tc 0.07 Tw 0 -2.462 Td [(On)12.4 ( 2)12.3 (3)12.3 ( February)12.3 ( 2)12.4 (0)12.3 (2)12.3 (1)12.3 ( \(after)12.3 ( trading)12.3 ( hours\),)12.3 ( the)12.3 ( Company)12.3 ( entered)12.3 ( into)12.3 ( the)12.3 ( Second)27 ( )]TJ 0.057 Tc 0 -1.231 Td [(Supplemental)12.6 ( Agreement)12.6 ( with)12.6 ( Rizhao)12.6 ( Port)12.6 ( Group)12.6 ( \(for)12.6 ( itself)12.6 ( and)12.6 ( on)12.6 ( behalf)12.6 ( of)12.6 ( its)32 ( )]TJ 0.059 Tc 0 -1.231 Td [(s)0.5 (u)0.5 (b)0.5 (s)0.5 (i)0.5 (di)0.5 (a)0.5 (r)0.5 (i)0.5 (e)0.5 (s)0.5 (\))13 ( )0.5 (t)0.5 (o)13 ( )0.5 (a)0.5 (d)0.5 (d)13 ( )0.5 (o)0.5 (n)0.5 (e)13 ( )0.5 (m)0.5 (or)0.5 (e)13 ( )0.5 (p)0.5 (r)0.5 (o)0.5 (p)0.5 (e)0.5 (r)0.5 (t)0.5 (y)0.5 (,)13 ( )0.5 (n)0.5 (a)0.5 (m)0.5 (e)0.5 (ly)13 ( )0.5 (t)0.5 (h)0.5 (e)13 ( )0.5 (W)0.5 (e)0.5 (s)0.5 (t)0.5 (-)13 (6)13 ( )0.5 (b)0.5 (e)0.5 (r)0.5 (t)0.5 (h)0.5 (,)12.9 ( )0.5 (a)0.5 (n)0.5 (d)13 ( )0.5 (r)0.5 (e)0.5 (v)0.5 (i)0.5 (s)0.5 (e)13 ( )0.5 (t)0.5 (h)0.5 (e)34 ( )]TJ 0.039 Tc 0 -1.231 Td [(annual)12.7 ( caps)12.7 ( under)12.7 ( the)12.7 ( Property)12.7 ( Lease)12.8 ( \(Sale\))12.7 ( Framework)12.7 ( Agreement)12.7 ( by)12.7 ( inclusion)12.7 ( of)14.1 ( )]TJ 0.036 Tc 0.072 Tw 0 -1.231 Td [(the)11 ( )0.5 (proposed)11 ( transactions)11 ( )0.5 (of)11 ( )0.5 (the)11 ( )0.5 (lease)11 ( )0.5 (of)10.9 ( )0.6 (the)11 ( )0.5 (West-)11 (6)11 ( )0.5 (berth.)11 ( )0.5 (Save)11 ( )0.5 (as)11 ( )0.5 (disclosed)11 ( )0.5 (in)11 ( )0.5 (this)11 ( )]TJ 0.025 Tc 0.043 Tw 0 -1.231 Td (announcement, all other terms and conditions of the Property Lease \(Sal\e\) Framework )Tj 0 Tw 0 -1.231 Td (Agreement remain unchanged.)Tj /T1_1 1 Tf 0.061 Tc 0.07 Tw 0 -2.462 Td [(PROPERTY)12.6 ( LEASE)12.6 ( \(SALE\))12.7 ( FRAMEWORK)12.6 ( AGREEMENT)12.6 ( \(AS)12.7 ( FURTHER)36 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (AMENDED BY THE SECOND SUPPLEMENTAL AGREEMENT\))Tj /T1_0 1 Tf 0.04 Tc 0.071 Tw 0 -2.462 Td [(The)12.1 ( )0.5 (principal)12 ( )0.6 (terms)12 ( )0.6 (of)12.1 ( )0.5 (the)12.1 ( )0.5 (Property)12 ( )0.6 (Lease)12.1 ( )0.5 (\(Sale\))12 ( )0.6 (Framework)12 ( )0.6 (Agreement)12 ( )0.6 (\(as)12.1 ( )0.5 (further)15 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (amended by the Second Supplemental Agreement\) are set out as follows:)Tj /T1_1 1 Tf -0.025 Tw 0 -2.462 Td (Date)Tj /T1_0 1 Tf 0 Tw 0 -2.462 Td (24 May 2019 \(as further amended by the Second Supplemental Agreement\))Tj /T1_1 1 Tf -0.025 Tw 0 -2.462 Td (Parties)Tj /T1_0 1 Tf 0 Tw 0 -2.462 Td [(\(a\) )-720.5 (The Company; and)]TJ 0.038 Tc 0.07 Tw 0 -2.462 Td [(\()13 (b)13 (\))13 ( )-581.5 (Rizhao)13 ( Port)12.9 ( Group)12.9 ( )0.5 (\(for)12.9 ( itself)13 ( and)12.9 ( on)12.9 ( beha)0.5 (lf)12.9 ( of)12.9 ( its)12.9 ( s)0.5 (ubsidiaries\))0.5 (,)12.9 ( the)12.9 ( cont)0.5 (rolling)13 ( )]TJ 0.025 Tc 0 Tw 2.181 -1.231 Td (shareholder of the Company, and hence a connected person of the Company.\)Tj /T1_1 1 Tf -0.025 Tw -2.181 -2.462 Td (Term)Tj /T1_0 1 Tf 0.064 Tw 0 -2.462 Td (From 19 June 2019 to 18 June 2022 \(which can be renewed or extended upo\n written )Tj 0 Tw 0 -1.231 Td (agreement by the parties\))Tj ET endstreamendobj52 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 2 \226)Tj ET 0 0 0 1 K 0.5 w /GS1 gs q 1 0 0 1 56.6929 784.9469 cm 0 0 m 482.39 0 l S Q q 1 0 0 1 538.8326 779.2776 cm 0 0 m 0 5.419 l S Q q 1 0 0 1 538.8326 683.2776 cm 0 0 m 0 96 l S Q q 1 0 0 1 538.8326 667.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 538.8326 651.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 538.8326 635.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 538.8326 539.2776 cm 0 0 m 0 96 l S Q q 1 0 0 1 538.8326 523.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 538.8326 475.2776 cm 0 0 m 0 48 l S Q q 1 0 0 1 538.8326 459.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 538.8326 411.2776 cm 0 0 m 0 48 l S Q q 1 0 0 1 538.8326 395.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 538.8326 315.2776 cm 0 0 m 0 80 l S Q q 1 0 0 1 538.8326 299.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 538.8326 219.2776 cm 0 0 m 0 80 l S Q q 1 0 0 1 538.8326 203.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 538.8326 75.2776 cm 0 0 m 0 128 l S Q q 1 0 0 1 538.8326 67.0237 cm 0 0 m 0 8.254 l S Q q 1 0 0 1 56.9429 779.2776 cm 0 0 m 0 5.419 l S Q q 1 0 0 1 56.9429 683.2776 cm 0 0 m 0 96 l S Q q 1 0 0 1 56.9429 667.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 651.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 635.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 539.2776 cm 0 0 m 0 96 l S Q q 1 0 0 1 56.9429 523.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 475.2776 cm 0 0 m 0 48 l S Q q 1 0 0 1 56.9429 459.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 411.2776 cm 0 0 m 0 48 l S Q q 1 0 0 1 56.9429 395.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 315.2776 cm 0 0 m 0 80 l S Q q 1 0 0 1 56.9429 299.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 219.2776 cm 0 0 m 0 80 l S Q q 1 0 0 1 56.9429 203.2776 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 75.2776 cm 0 0 m 0 128 l S Q q 1 0 0 1 56.9429 67.0237 cm 0 0 m 0 8.254 l S Q q 1 0 0 1 56.6929 66.7737 cm 0 0 m 482.39 0 l S Q BT /GS0 gs 0.05 Tc 0.07 Tw 13 0 0 13 65.4468 764.9286 Tm [(As)12.7 ( the)12.7 ( highest)12.7 ( of)12.6 ( all)12.7 ( applicable)12.7 ( percentage)12.7 ( ratios)12.7 ( in)12.7 ( respect)12.7 ( of)12.7 ( the)12.7 ( annual)12.7 ( caps)25 ( )]TJ 0.056 Tc 0 -1.231 Td [(for)12.2 ( the)12.2 ( transactions)12.2 ( contemplated)12.2 ( under)12.2 ( the)12.2 ( Property)12.2 ( Lease)12.2 ( \(Sale\))12.2 ( Framework)31 ( )]TJ 0.084 Tc 0 -1.231 Td [(Agreement)12.8 ( as)12.8 ( further)12.8 ( amended)12.8 ( by)12.7 ( the)12.8 ( Second)12.7 ( Supplemental)12.8 ( Agreement)12.7 ( is)59 ( )]TJ 0.034 Tc 0.074 Tw 0 -1.231 Td [(higher)9 ( )0.5 (than)9 ( )0.5 (5)9 (%)9 ( )0.5 (on)9 ( )0.5 (an)8.9 ( )0.6 (annual)9 ( )0.5 (basis,)9 ( )0.5 (the)9 ( )0.5 (entering)9 ( )0.5 (into)9 ( )0.5 (of)9 ( )0.5 (the)9 ( )0.5 (Second)9 ( )0.5 (Supplemental)9 ( )]TJ 0.032 Tc 0.076 Tw 0 -1.231 Td [(Agreement)7 ( )0.5 (is)7 ( )0.5 (subject)7 ( )0.5 (to)6.9 ( )0.5 (reporting,)7 ( )0.5 (annual)7 ( )0.5 (review,)7 ( )0.5 (announcement)6.9 ( )0.6 (and)7 ( )0.5 (independent)7 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (shareholders\222 approval requirements under Chapter 14A of the Listing \Rules.)Tj /T1_1 1 Tf -0.025 Tw 0 -2.462 Td (GENERAL)Tj /T1_0 1 Tf 0.04 Tc 0.07 Tw 0 -2.462 Td [(An)12.4 ( Independent)12.3 ( Board)12.4 ( Committee)12.3 ( comprising)12.4 ( all)12.3 ( the)12.3 ( independent)12.3 ( non-executive)15 ( )]TJ 0.025 Tc 0.002 Tw 0 -1.231 Td (Directors has been established to advise the Independent Shareholders as\ to whether )Tj 0.037 Tc 0.071 Tw 0 -1.231 Td [(the)12 ( )0.5 (terms)12 ( )0.5 (of)12 ( )0.5 (the)12 ( )0.5 (Second)12 ( )0.5 (Supplemental)12 ( )0.5 (Agreement)12 ( )0.5 (\(including)12 ( )0.5 (the)12 ( )0.5 (Revised)12 ( )0.5 (Annual)12.1 ( )]TJ 0.025 Tc 0.05 Tw 0 -1.231 Td (Caps\) and the transactions contemplated thereunder are fair and reasona\ble and are )Tj 0.075 Tw 0 -1.231 Td (in the interests of the Company and its Shareholders as a whole, and to \advise the )Tj 0 Tw 0 -1.231 Td (Independent Shareholders as to how to vote at the EGM.)Tj 0.034 Tc 0.074 Tw 0 -2.462 Td [(Gram)9 ( )0.5 (Capital)9 ( )0.5 (Limited)9 ( )0.5 (has)9 ( )0.5 (been)9.1 ( appointed)9 ( )0.5 (as)9 ( )0.5 (the)9 ( )0.5 (independent)9 ( )0.5 (financial)9 ( )0.5 (adviser)9 ( )0.5 (of)9.1 ( )]TJ 0.05 Tc 0.07 Tw 0 -1.231 Td [(the)12.8 ( Company)12.8 ( to)12.8 ( advise)12.8 ( the)12.8 ( Independent)12.8 ( Board)12.8 ( Committee)12.8 ( and)12.8 ( the)12.9 ( Independent)25.1 ( )]TJ 0.025 Tc 0 Tw 0 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(of)4 ( )0.5 (the)4 ( )0.5 (Company,)4 ( )0.5 (and)4 ( )0.5 (are)4 ( )0.5 (required)4 ( )0.6 (to)4 ( )0.5 (abstain)4 ( )0.5 (from)4.1 ( )]TJ 0.025 Tc 0.083 Tw 0 -1.231 Td [(voting )0.5 (on )0.5 (the )0.5 (relevant )0.5 (resolutions )0.5 (approving the )0.5 (Second )0.5 (Supplemental )0.5 (Agreement, )]TJ 0 Tw 0 -1.231 Td (the Revised Annual Caps and the transactions contemplated thereunder at \the EGM.)Tj 0.027 Tc 0.081 Tw 0 -2.462 Td [(Save)2 ( )0.5 (as)2 ( )0.5 (disclosed)2 ( )0.5 (above,)2 ( )0.5 (to)2 ( )0.5 (the)2 ( )0.5 (best)2 ( )0.5 (of)2 ( )0.5 (the)2 ( )0.5 (Directors\222)2 ( )0.5 (knowledge,)1.9 ( )0.5 (information)2 ( )0.5 (and)2 ( )]TJ 0.037 Tc 0.071 Tw 0 -1.231 Td [(b)0.5 (e)0.6 (l)0.5 (i)0.6 (e)0.5 (f)0.6 (,)12 ( )0.5 (h)0.5 (a)0.5 (v)0.6 (i)0.5 (n)0.6 (g)12 ( )0.5 (m)0.5 (a)0.5 (d)0.6 (e)12 ( )0.5 (a)0.6 (l)0.5 (l)12 ( )0.5 (r)0.6 (e)0.5 (a)0.6 (s)0.5 (o)0.5 (n)0.6 (a)0.5 (b)0.6 (l)0.5 (e)12 ( )0.5 (e)0.6 (n)0.5 (q)0.5 (u)0.6 (i)0.5 (r)0.6 (i)0.5 (e)0.6 (s)0.5 (,)12 ( 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letter of advice from the \independent)-2 ( )]TJ 0.073 Tc 0.07 Tw 0 -1.231 Td [(financial)12.7 ( adviser)12.8 ( to)12.8 ( the)12.8 ( Independent)12.8 ( Board)12.7 ( Committee)12.8 ( and)12.7 ( the)12.8 ( Independent)48 ( )]TJ 0.025 Tc 0.083 Tw 0 -1.231 Td [(Shareholders, together )0.5 (with )0.5 (a notice )0.5 (to )0.5 (convene the )0.5 (EGM )0.5 (and )0.5 (the )0.5 (proxy )0.5 (form )0.5 (will )]TJ 0.075 Tw 0 -1.231 Td (be dispatched to the Shareholders. As additional time is required for th\e Company )Tj 0.048 Tw 0 -1.231 Td (to prepare the information to be included in the circular, the circular \is expected to )Tj 0 Tw 0 -1.231 Td (be dispatched to the Shareholders on or before 20 March 2021.)Tj ET endstreamendobj47 0 obj<>endobj44 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 1 \226)Tj 0.065 Tc 0.07 Tw 13 0 3.4833 13 55.3588 776.3179 Tm [(Hong)12.1 ( Kong)12.1 ( Exchanges)12 ( and)12.1 ( Clearing)12 ( Limited)12 ( and)12 ( The)12 ( Stock)12.1 ( Exchange)12.1 ( of)12.1 ( Hong)40 ( )]TJ 0.03 Tc 0.078 Tw 0.33 -1.231 Td [(Kong)5 ( )0.5 (Limited)5 ( )0.5 (take)5 ( )0.5 (no)5 ( )0.5 (responsibility)5 ( )0.5 (for)5 ( )0.5 (the)5 ( )0.5 (contents)5 ( )0.5 (of)5 ( )0.6 (this)5 ( )0.5 (announcement,)5 ( )0.5 (make)5 ( )0.5 (no)5 ( )]TJ 0.027 Tc 0.081 Tw 0.33 -1.231 Td [(representation)2 ( )0.5 (as)2 ( )0.5 (to)2 ( )0.5 (its)2 ( )0.5 (accuracy)2 ( )0.5 (or)2 ( )0.5 (completeness)2 ( 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Rizhao Po\rt Group )Tj 0.071 Tw 0 -1.231 Td [(agreed )0.6 (to )0.6 (lease )0.5 (from )0.6 (the )0.5 (Company )0.5 (the )0.5 (West-1 )0.6 (berth, )0.5 (West-2 )0.5 (berth )0.6 (and )0.5 (temporarily )]TJ 0 Tw 0 -1.231 Td (leased berths and other relevant properties from time to time.)Tj 0.034 Tc 0.074 Tw 0 -2.462 Td [(On)9 ( )0.5 (2)9 (3)9 ( )0.5 (February)9 ( )0.5 (2)9 (0)9 (2)9 (1)9 ( )0.5 (\(after)9 ( )0.5 (trading)9 ( )0.5 (hours\),)9 ( )0.5 (the)9 ( )0.5 (Company)9 ( )0.5 (entered)9 ( )0.5 (into)9 ( )0.5 (the)9 ( )0.5 (Second)9.1 ( )]TJ 0.04 Tc 0.07 Tw 0 -1.231 Td [(Supplemental)12.5 ( Agreement)12.6 ( with)12.6 ( Rizhao)12.6 ( Port)12.6 ( Group)12.6 ( \(for)12.5 ( itself)12.6 ( and)12.6 ( on)12.6 ( behalf)12.6 ( of)12.6 ( its)15 ( )]TJ 0.042 Tc 0 -1.231 Td [(subsidiaries\))12.8 ( to)12.8 ( add)12.8 ( one)12.8 ( more)12.8 ( property,)12.8 ( namely)12.8 ( the)12.8 ( West-)12.8 (6)12.8 ( berth,)12.7 ( and)12.8 ( revise)12.8 ( the)17 ( )]TJ 0.025 Tc 0.042 Tw 0 -1.231 Td (annual caps for the transactions of the lease of the West-6 berth under \the Property )Tj 0.038 Tc 0.07 Tw 0 -1.231 Td [(Lease)12.9 ( \(Sale\))12.9 ( Framework)12.9 ( Agreement.)12.9 ( Save)12.9 ( as)12.9 ( disclosed)12.9 ( in)12.9 ( this)12.9 ( announcement,)12.9 ( all)13 ( )]TJ 0.048 Tc 0 -1.231 Td [(other)12.8 ( terms)12.8 ( and)12.8 ( conditions)12.8 ( of)12.8 ( the)12.9 ( Property)12.9 ( Lease)12.8 ( \(Sale\))12.9 ( Framework)12.9 ( Agreement)23 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (remain unchanged.)Tj /T1_3 1 Tf 0 -2.462 Td (LISTING RULES IMPLICATIONS)Tj /T1_0 1 Tf 0.05 Tc 0.07 Tw 0 -2.462 Td [(R)0.5 (i)0.5 (z)0.6 (h)0.5 (a)0.5 (o)13 ( )0.5 (P)0.5 (o)0.5 (r)0.6 (t)13 ( )0.5 (G)0.5 (r)0.5 (o)0.5 (u)0.5 (p)13.1 ( )0.5 (i)0.5 (s)13 ( )0.5 (a)13 ( )0.6 (c)0.5 (o)0.5 (n)0.5 (t)0.5 (r)0.5 (o)0.5 (l)0.6 (l)0.5 (i)0.5 (n)0.5 (g)13 ( )0.5 (s)0.5 (h)0.6 (a)0.5 (r)0.5 (e)0.5 (h)0.5 (o)0.5 (l)0.6 (d)0.5 (e)0.5 (r)13 ( )0.5 (o)0.5 (f)13 ( )0.6 (t)0.5 (h)0.5 (e)13 ( )0.5 (C)0.5 (o)0.6 (m)0.5 (p)0.5 (a)0.5 (n)0.5 (y)13 ( )0.5 (a)0.6 (n)0.5 (d)13 ( )0.5 (h)0.5 (e)0.5 (n)0.5 (c)0.6 (e)13 ( )0.5 (i)0.5 (s)13 ( )0.6 (a)25 ( )]TJ 0.025 Tc 0.075 Tw 0 -1.231 Td [(connected )0.5 (person )0.5 (of )0.5 (the Company )0.5 (under )0.5 (the )0.5 (Listing )0.5 (Rules. Therefore, )0.5 (the )0.5 (entering )]TJ 0.04 Tc 0.07 Tw 0 -1.231 Td [(into)12.4 ( of)12.3 ( the)12.4 ( Property)12.3 ( Lease)12.3 ( \(Sale\))12.4 ( Framework)12.4 ( Agreement,)12.3 ( the)12.4 ( First)12.4 ( Supplemental)15 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.231 Td (Agreement, the Second Supplemental Agreement and the transactions contem\plated )Tj 0.051 Tc 0.07 Tw 0 -1.231 Td [(thereunder)12.8 ( constitute)12.8 ( continuing)12.8 ( connected)12.7 ( transactions)12.7 ( of)12.8 ( the)12.8 ( Company)12.7 ( under)26 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Chapter 14A of the Listing Rules.)Tj 0.063 Tw 0 -2.462 Td (According to Rule 14A.54 of the Listing Rules, if the Company proposes t\o revise )Tj 0.047 Tc 0.07 Tw 0 -1.231 Td [(the)12.3 ( annual)12.3 ( caps)12.3 ( for)12.4 ( its)12.3 ( continuing)12.3 ( connected)12.3 ( transactions,)12.4 ( the)12.3 ( Company)12.4 ( will)12.3 ( be)22 ( )]TJ 0.05 Tc 0 -1.231 Td [(required)12.2 ( to)12.2 ( re-comply)12.2 ( with)12.2 ( the)12.3 ( provisions)12.2 ( of)12.2 ( Chapter)12.2 ( 1)12.2 (4)12.2 (A)12.3 ( of)12.2 ( the)12.3 ( Listing)12.3 ( Rules)25 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (applicable to the relevant continuing connected transactions.)Tj ET endstreamendobj51 0 obj<>endobj56 0 obj<>endobj57 0 obj<>stream    !#%' ) + - / 2 4 6 8 ; = @ B EGJLOQTWY\_bdgjmpsvy|傶 endstreamendobj50 0 obj<>endobj58 0 obj<>stream 2020-10-06T08:53+08:00 2020-10-06T08:53:01+08:00 2020-10-06T08:53:01+08:00 Adobe Illustrator CC 2014 (Windows) xmp.iid:8e970aaa-cc73-f949-8795-7f1def0ca38e xmp.did:24ffb9b5-4f95-9841-a9ae-635e7e7ecba1 xmp.did:8e970aaa-cc73-f949-8795-7f1def0ca38e proof:pdf uuid:9ffec502-fabf-46a3-9748-70ad77b97c02 xmp.id:4fe622b8-0f1b-914b-8492-c9eac06e50d3 xmp.did:24ffb9b5-4f95-9841-a9ae-635e7e7ecba1 proof:pdf converted from application/x-indesign to application/pdf Adobe InDesign CC 2017 (Windows) / 2020-10-06T08:49:30+08:00 saved xmp.iid:8e970aaa-cc73-f949-8795-7f1def0ca38e 2020-10-06T08:53:01+08:00 Adobe Illustrator CC 2014 (Windows) / application/postscript edwintong E_06117_4c.eps Adobe PDF Library 15.0 False 1 False True 210.000145 297.000089 Millimeters TimesLTStd-Roman Times LT Std Roman Open Type Version 2.050;PS 002.000;hotconv 1.0.51;makeotf.lib2.0.18671 False TimesLTStd-Roman_2.otf TimesLTStd-Bold Times LT Std Bold Open Type Version 2.050;PS 002.000;hotconv 1.0.51;makeotf.lib2.0.18671 False TimesLTStd-Bold_4.otf Cyan Magenta Yellow Black 闋愯ō鑹茬エ缇ょ祫 0 endstreamendobj48 0 obj<>endobj49 0 obj<>endobj60 0 obj<>endobj61 0 obj<>stream H塴S}Pe掊顅A镈帟汲萃,B?F>繊€[麴>p鱻脌L苫敔T 臜=?0d 壃4>澨溇g~{k辇銀跨7?消倔拕: I2:g潦誽ywXl倲U愶4莋:黎貮蔘jyF8#>S褈抽妩崪>E^;鯈杂憚*`扟.' :*jD撕鮊~N婑靖&1%€)堿?圓>De:71q.坷靫L囿k$擑弼R嘪MN翜?癦鶢的媯$圲2樂H級w?砢3xG焑胞?縋qHP?姧(榶嫕w鴷 |lw?粰/鳾漇Vf)偆蚑?y.D妽葪W蒷)uZv?s簧&麿 嚾[旚V呸. ?悭肚?艹$ ?駀§?#&慏4q+a fI?b1眲?r墪D勻膬J箙8N s萂?D?鋳j叒C瓇T軾憃寪 Q拐r?走D罭g0Z5p岯_g 续[h?U?暈扥1 G禈犒橖奸[坔咬鬮9遭T稐烗骊 校囻硟W曝?惄(a*sLC(荶樖:?嫲G忋骙m』WMB6莫潇n&夺衴N>繅苀$5榻G忣i3w棃湡〕浱╢稫騞J[X~^,末鋜?_丰L,z \轚X6椋0K衷l?眱谘^N&諠朂`碹苞H霕敲钯葆賕xo_吴磪漊n#;銰U騀煈?Q%(jzㄏ籉PJa戇Ni?b 嵓 i?o兖k掎埋?隞媃x_]甠蝄蘪!? ;襎y索麒.?&?邧f唉禣樃渤O~wFi?? 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