<SEC-DOCUMENT>0001144204-17-007055.txt : 20170209
<SEC-HEADER>0001144204-17-007055.hdr.sgml : 20170209
<ACCEPTANCE-DATETIME>20170209160626
ACCESSION NUMBER:		0001144204-17-007055
CONFORMED SUBMISSION TYPE:	SC 13E3
PUBLIC DOCUMENT COUNT:		5
FILED AS OF DATE:		20170209
DATE AS OF CHANGE:		20170209
GROUP MEMBERS:		BI ZHANG
GROUP MEMBERS:		BLUESTONE HOLDINGS LTD
GROUP MEMBERS:		CHERRYLANE INVESTMENTS LTD
GROUP MEMBERS:		JIANYU YANG
GROUP MEMBERS:		MORGANCREEK INVESTMENT HOLDINGS LTD
GROUP MEMBERS:		OAKVILLE HOLDINGS GROUP LTD
GROUP MEMBERS:		SHANGHAI HUI FU SCIENCE & TECHNOLOGY DEVELOPMENT CO., LTD.
GROUP MEMBERS:		SHANGHAI JIAN QIAN SCIENCE & TECHNOLOGY DEVELOPMENT CO., LTD

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Concord Medical Services Holdings Ltd
		CENTRAL INDEX KEY:			0001472072
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-OFFICES & CLINICS OF DOCTORS OF MEDICINE [8011]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9

	FILING VALUES:
		FORM TYPE:		SC 13E3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-85276
		FILM NUMBER:		17587601

	BUSINESS ADDRESS:	
		STREET 1:		ROOM 2001-2002, 20TH FLOOR, TOWER A
		STREET 2:		GLOBAL TRADE CTR, 36 NORTH THIRD RING RD
		CITY:			DONGCHENG DISTRICT, BEIJING
		STATE:			F4
		ZIP:			100013
		BUSINESS PHONE:		(86)10-5825-6867

	MAIL ADDRESS:	
		STREET 1:		ROOM 2001-2002, 20TH FLOOR, TOWER A
		STREET 2:		GLOBAL TRADE CTR, 36 NORTH THIRD RING RD
		CITY:			DONGCHENG DISTRICT, BEIJING
		STATE:			F4
		ZIP:			100013

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Cheng Zheng
		CENTRAL INDEX KEY:			0001512969

	FILING VALUES:
		FORM TYPE:		SC 13E3

	MAIL ADDRESS:	
		STREET 1:		18/F, TOWER A, GLOBAL TRADE CENTER
		STREET 2:		36 NORTH THIRD RING ROAD EAST
		CITY:			DONGCHENG DISTRICT, BEIJING
		STATE:			F4
		ZIP:			100013
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13E3
<SEQUENCE>1
<FILENAME>v458733_sc13e3.htm
<DESCRIPTION>SC 13E3
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">Washington, D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>SCHEDULE&nbsp;13E-3</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>(Rule 13e-100)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Transaction Statement under Section 13(e)
of the Securities</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Exchange Act of 1934 and Rule 13e-3 thereunder</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Rule 13e-3 Transaction Statement under Section
13(e) of the</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; border-bottom: Black 1pt solid"><B>CONCORD MEDICAL SERVICES HOLDINGS LIMITED</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">(Name of the Issuer)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Jianyu Yang</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Shanghai Hui Fu Science and Technology Development
Co., Ltd.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Bi Zhang</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Oakville Holdings Group Limited</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Cherrylane Investments Limited</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Zheng Cheng</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Shanghai Jian Qian Science and Technology
Development Co., Ltd.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Bluestone Holdings Limited</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Morgancreek Investment Holdings Limited</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">(Names of Persons Filing Statement)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Class A ordinary shares, par value $0.0001
per share</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">(Title of Class of Securities)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>206277 105 <SUP>(1)</SUP></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">(CUSIP Number)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 1pt solid">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 50%; text-align: center"><FONT STYLE="font-size: 10pt">Jianyu Yang</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 50%; text-align: center"><FONT STYLE="font-size: 10pt">Shuang Zhao, Esq.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Zheng Cheng</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Cleary Gottlieb Steen &amp; Hamilton LLP</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">18/F, Tower A, Global Trade Center</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">37th Floor, Hysan Place</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">36 North Third Ring Road East</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">500 Hennessy Road</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Dongcheng District, Beijing 100013</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Causeway Bay, Hong Kong</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">People&rsquo;s Republic of China</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Telephone: +852 2532 3783</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Telephone: +86 10 5957 5266</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">(Name, Address and Telephone Number of Person
Authorized<BR>
to Receive Notices and Communications on behalf of the Filing Persons)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; border-bottom: Black 1pt solid">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><SUP>(1)</SUP> This CUSIP number applies to
the Issuer&rsquo;s American depositary shares (&ldquo;ADSs&rdquo;), each representing three Class A Ordinary Shares of the Issuer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This statement is filed in connection with
(check the appropriate box):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%; text-align: justify"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="width: 5%; text-align: justify"><FONT STYLE="font-size: 10pt">a</FONT></TD>
    <TD STYLE="width: 90%; text-align: justify"><FONT STYLE="font-size: 10pt">The filing of solicitation materials or an information statement subject to Regulation 14A, Regulation 14-C or Rule 13e-3(c) under the Securities Exchange Act of 1934.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">b</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">The filing of a registration statement under the Securities Act of 1933.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">c</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">A tender offer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Wingdings; font-size: 10pt">x</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">d</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">None of the above</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Check the following box if the soliciting materials
or information statement referred to in checking box (a) are preliminary copies: <FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Check the following box if the filing is a
final amendment reporting the results of the transaction: <FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 1pt solid"><B>Calculation of Filing Fee</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Transactional Valuation*</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Amount of Filing Fee**</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; width: 1%"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid; width: 48%"><FONT STYLE="font-size: 10pt">124,470,161</FONT></TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; width: 1%"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid; width: 48%"><FONT STYLE="font-size: 10pt">14,426.09</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">* The transaction valuation is estimated solely
for purposes of calculating the filing fee pursuant to Rule 0-11(b) under the Securities Exchange Act of 1934, as amended (the
&ldquo;Securities Exchange Act&rdquo;). The calculation assumes the purchase of all issued and outstanding Shares (including Shares
represented by ADSs) of the Issuer (other than the 59,770,876 Shares (including Shares represented by ADSs) of the Issuer already
beneficially owned by the Morgancreek Parties) at a purchase price of $1.73 per Share in cash, or $5.19 per ADS in cash (less $0.05
per ADS cancellation fees pursuant to the terms of the deposit agreement governing the ADSs), and in each case, without interest
and net of any applicable withholding taxes. There were 71,948,070 Shares, including Shares represented by ADSs, of the Issuer
issued and outstanding that were not beneficially owned by the Morgancreek Parties as of February 9, 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">** The amount of the filing fee is calculated
in accordance with Regulation&nbsp;240.0-11 of the Securities Exchange Act and the Securities and Exchange Commission Fee Rate
Advisory #1 for Fiscal Year 2017. The fee is calculated by multiplying the transaction valuation by 0.00011590.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Wingdings">&uml;</FONT>
Check box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee
was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its
filing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Amount Previously Paid:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Form or Registration No.:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Filing Party:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Date Filed:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>NEITHER THE U.S. SECURITIES EXCHANGE COMMISSION
NOR ANY STATE OR OTHER SECURITIES COMMISSION HAS: APPROVED OR DISAPPROVED OF THE TRANSACTION, PASSED UPON THE MERITS OR FAIRNESS
OF THE TRANSACTION OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THE DOCUMENT. ANY REPRESENTATION TO THE CONTRARY
IS A CRIMINAL OFFENSE.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">TABLE OF CONTENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 92%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; text-align: right; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top"><A HREF="#a_001"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SUMMARY TERM SHEET</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_002"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Purposes of the Merger</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_003"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Principal Terms of the Merger and Related Transactions</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0">2</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_004"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Parties to the Merger</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_005"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Filing Persons&rsquo; Position on the Fairness of the Merger</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_006"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consequences of the Merger</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_007"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dissenters&rsquo; Rights</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_008"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Where You Can Find More Information</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top"><A HREF="#a_009"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">INTRODUCTION</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top"><A HREF="#a_010"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SPECIAL FACTORS</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_011"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Purposes, Alternatives, Reasons, and Effects of the Merger</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_017"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Material
    U.S. Federal Income Tax Consequences</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_018"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Material
    PRC Tax Consequences</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_019"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fairness
    of the Merger</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top"><A HREF="#a_022"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">REPORTS, OPINIONS, APPRAISALS, AND NEGOTIATIONS</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top"><A HREF="#a_023"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">28</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top"><A HREF="#a_024"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TRANSACTION STATEMENT</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">29</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_025"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 1. Summary Term Sheet</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">29</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_026"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 2. Subject Company Information</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">29</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_027"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 3. Identity and Background of Filing Persons</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_028"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 4. Terms of the Transaction</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">34</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_029"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 5. Past Contacts, Transactions, Negotiations and Agreements</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">38</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_030"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 6. Purposes of the Transaction and Plans or Proposals</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">39</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_031"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 7. Background of the Transaction, Purposes, Alternatives, Reasons and Effects of the Merger</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">40</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>


<!-- Field: Page; Sequence: 3; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;<!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->i<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; width: 92%; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_032"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 8. Fairness of the Transaction</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">40</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_033"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 9. Reports, Opinions, Appraisals and Negotiations</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">40</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_034"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 10. Source and Amount of Funds or Other Consideration</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">41</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_035"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 11. Interest in Securities of the Subject Company</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_036"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 12. The Solicitation or Recommendation</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">44</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_037"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 13. Financial Statements</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">44</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_038"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 14. Personal/Assets, Retained, Employed, Compensated or Used</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">45</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_039"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 15. Additional Information</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">46</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 48.95pt; text-indent: -0.55in"><A HREF="#a_040"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item 16. Exhibits</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">46</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top"><A HREF="#a_041"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SIGNATURES</FONT></A></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">47</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>


<!-- Field: Page; Sequence: 4; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;<!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->ii<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center"><A NAME="a_001"></A>SUMMARY TERM
SHEET</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>This &ldquo;Summary Term Sheet&rdquo; summarizes
the material information contained in the remainder of this Transaction Statement on Schedule&nbsp;13E-3 regarding the proposed
&ldquo;going private&rdquo; merger, referred to herein as the &ldquo;Merger&rdquo; and related transactions involving Concord Medical
Services Holdings Limited, referred to herein as &ldquo;CCM&rdquo;, &ldquo;Company&rdquo; or &ldquo;Issuer&rdquo;. As a result
of the Merger, the ADSs will cease to be listed on the New York Stock Exchange and CCM will no longer be required to file annual
reports and other periodic reports with the Securities and Exchange Commission, or SEC. It does not contain all of the information
that may be important to you. You should read this entire Schedule&nbsp;13E-3 and the other documents to which this Schedule&nbsp;13E-3
refers for a more complete understanding of the transactions being contemplated, how it affects you, what your rights are with
respect to the Merger as a holder of Shares or ADSs of CCM and the position of the Filing Persons (described below) on the fairness
of the Merger to you. The Filing Persons are required to file this Schedule&nbsp;13E-3 pursuant to Section&nbsp;13(e) of the Securities
Exchange Act of 1934, as amended, referred to herein as the Securities Exchange Act, and Rule&nbsp;13e-3 thereunder. References
to &ldquo;Dollars&rdquo; or &ldquo;$&rdquo; in this Schedule&nbsp;13E-3 are to United States Dollars.</I></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_002"></A>Purposes of the Merger
(Page 1)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal; font-style: normal">The
purpose of the Merger is to effect a going-private transaction with respect to the Company. Mr. Jianyu Yang (the
&ldquo;Chairman&rdquo;), Shanghai Hui Fu Science and Technology Development Co., Ltd. (&ldquo;Hui Fu&rdquo;), Ms. Bi Zhang,
Oakville Holdings Group Limited (&ldquo;Oakville&rdquo;), Cherrylane Investments Limited (&ldquo;Cherrylane&rdquo;), Mr.
Zheng Cheng, Shanghai Jian Qian Science and Technology Development Co., Ltd. (&ldquo;Jian Qian&rdquo;), Bluestone Holdings
Limited (&ldquo;Bluestone&rdquo;) and Morgancreek Investment Holdings Limited (&ldquo;Morgancreek&rdquo;, together with the
Chairman, Hui Fu, Ms. Bi Zhang, Oakville, Cherrylane, Mr. Zheng Cheng, Jian Qian, and Bluestone, collectively referred to
herein as the &ldquo;Morgancreek Parties&rdquo;), are currently the beneficial owners of approximately 45.7% of the
outstanding Shares, par value US$0.0001 per Share of CCM. Prior to the Merger as described below, Morgancreek will propose
to enter into a contribution agreement with Concord Merger Sub Limited, referred to herein as &ldquo;Merger Sub&rdquo;, to
contribute, subject to certain conditions, all the Shares it holds to Merger Sub. Upon such Proposed Contribution (as defined
below), Merger Sub will directly hold approximately 66.1% of the total outstanding Shares, representing approximately 91.8%
of the total voting power of all outstanding Shares. Morgancreek intends to cause Merger Sub to merge with the Company in a
&ldquo;short-form&rdquo; merger, with the Company continuing as the surviving corporation after the Merger, as a means of
acquiring all of the other Shares (including Shares represented by ADSs) of the Company not owned directly or indirectly by
the Morgancreek Parties and the Merger Sub immediately after the Proposed Contribution and providing a source of
immediate liquidity to the holders of such Shares. Following the Merger, the Company will be a wholly-owned subsidiary of
Morgancreek.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 5; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_003"></A><B>Principal Terms of
the Merger and Related Transactions (Page 2)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Creation of Dual-Class Shares; the Authorized
Repurchase and Issue</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In January 2015, pursuant to a special shareholders&rsquo;
resolution, the fourth amended and restated memorandum and articles of association of CCM (the &ldquo;Amended MA&amp;A&rdquo;)
were adopted, which re-designated (the &ldquo;Re-designation&rdquo;) the authorized shares of CCM into Class A ordinary shares,
which entitle holders thereof to one vote per share (the &ldquo;Class A Ordinary Shares&rdquo;), and Class B ordinary shares, which
entitle holders thereof to ten votes per share (the &ldquo;Class B Ordinary Shares&rdquo;, together with Class A Ordinary Shares,
the &ldquo;Shares&rdquo;), provided that a Class B Ordinary Share will be automatically converted into a Class A Ordinary Share
if it is transferred to anyone who is not the registered holder or beneficial owner or affiliate to the registered holder or beneficial
owner of the Class B Ordinary Share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, the board of directors of CCM
authorized the repurchase of 45,787,948 Class A Ordinary Shares held by Morgancreek for their aggregate par value in consideration
for the issue of the same number of Class B Ordinary Shares at their par value (the &ldquo;Authorized Repurchase and Issue&rdquo;).
As of the date hereof, the Authorized Repurchase and Issue has not yet been implemented because the 45,787,948 Class A Ordinary
Shares held by Morgancreek were pledged to certain lender of Morgancreek at the time of such authorization and remain encumbered
as of the date hereof. The Morgancreek Parties propose to implement the Authorized Repurchase and Issue after at least 30 days
following the filing of this Schedule 13E-3 and once Morgancreek has obtained the requisite waiver and consent from the lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Carlyle and Solar Purchase</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On July 11, 2016, Morgancreek entered into
a share purchase agreement (the &ldquo;Carlyle SPA&rdquo;) with Carlyle Asia Growth Partners III, L.P. and CAGP III Co-Investment,
L.P., (together &ldquo;Carlyle&rdquo;) to purchase 13,086,350 Class A Ordinary Shares from Carlyle, and entered into a share purchase
agreement (the &ldquo;Solar Honor SPA&rdquo;) with Solar Honor Limited (&ldquo;Solar Honor&rdquo;) to purchase 14,163,325 Class
A Ordinary Shares from Solar Honor. The Carlyle SPA and the Solar SPA were previously filed as exhibits to Amendment No. 2 of Schedule
13D filed by the Morgancreek Parties on July 11, 2016. The purchase price per Share under both Carlyle SPA and Solar Honor SPA
is $1.73, and will be adjusted upward to equal the higher price per Share applicable in any liquidity event, including any consummation
of any tender offer for the Shares, any merger of CCM or any event having similar effects to the foregoing, within 10 months after
the closing under the Carlyle SPA or the Solar Honor SPA, as the case may be. The Carlyle SPA and the Solar Honor SPA have a long-stop
date of March 11, 2017, after which the parties thereto may terminate the Carlyle SPA and the Solar Honor SPA, as the case may
be, if the closings thereunder have not yet occurred by then. The Morgancreek Parties expect to complete the transactions contemplated
under the Carlyle SPA and the Solar Honor SPA after at least 30&nbsp;days following the filing of this Schedule&nbsp;13E-3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>The Merger and No Shareholder Vote Requirement</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Merger Sub is a Cayman Islands exempted company
newly formed with Morgancreek being the sole member for the purpose of effecting a merger with CCM. Morgancreek plans to enter
into a contribution agreement with Merger Sub to contribute, subject to certain conditions, all the Shares it holds to Merger Sub,
which will include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">45,787,948 Class B Ordinary Shares upon the implementation of the Authorized Repurchase and Issue;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 6; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">13,982,928 Class A Ordinary Shares issuable upon the cancellation of 4,660,976 ADSs it holds
                                                                                                          as of the date hereof;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">13,086,350 Class A Ordinary Shares to be acquired from Carlyle pursuant to the Carlyle SPA; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">14,163,325 Class A Ordinary Shares to be acquired from Solar Honor pursuant to the Solar Honor
SPA.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Upon such proposed contribution (the &ldquo;Proposed
Contribution&rdquo;), Merger Sub will directly hold approximately 66.1% of the total outstanding Shares, representing approximately
91.8% of the total voting power of all outstanding Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Morgancreek Parties plan to propose that
the board of directors of Merger Sub and board of directors of CCM consent to, execute and adopt an agreement and plan of merger
once all financing required for the Merger has been secured. The agreement and plan of merger will govern the terms of the Merger.
At any time beginning the latest to occur of the following of (i) at least 30 days following the filing of this Schedule 13E-3,
or such later time as may be required to comply with Rule 13e-3 under the Securities Exchange Act and all other applicable laws,
(ii) the implementation of the Authorized Repurchase and Issue, (iii) the closing of the Carlyle SPA and the Solar SPA, (iv) the
execution of the definitive agreement for the Proposed Contribution, and (v) the consent, execution and adoption of the agreement
and plan of merger governing the terms of the Merger by the board of directors of each of Merger Sub and CCM, Morgancreek expects
to cause Merger Sub to merge with and into CCM in a &ldquo;short-form&rdquo; merger under Section 233(7) of the Companies Law (2016
Revision) of the Cayman Islands (the &ldquo;Cayman Companies Law&rdquo;). Holder of Shares of CCM will not be entitled to vote
their Shares with respect to the Merger, but will be entitled to dissenters&rsquo; rights in accordance with Section 238 of the
Cayman Companies Law. CCM will be the surviving corporation in the Merger without approval of the holders of Shares of CCM. Before
the effective date of the Merger, a copy of the agreement and plan of merger for the Merger will be provided to each holder of
Shares (including Shares represented by ADSs) of CCM pursuant to Section 233(7) of the Cayman Companies Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Merger Consideration</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At the effective time of the Merger, each of
the outstanding Shares, including Shares represented by ADSs, other than (a) the Shares and ADSs beneficially owned by (i) the
Morgancreek Parties and the Merger Sub as of the completion of the Proposed Contribution, (b) any Shares owned by shareholders
who have validly exercised and have not effectively withdrawn or lost their dissenters&rsquo; rights under the Cayman Islands Companies
Law (the Dissenting Shares, and together with (a), the &ldquo;Excluded Shares&rdquo;), will be cancelled in exchange for the right
to receive $1.73 per Share in cash without interest, and for the avoidance of doubt, because each ADS represents three Shares,
each outstanding ADS (other than any ADS that represents Excluded Shares) will represent the right to receive $5.19 per ADS in
cash without interest (less $0.05 per ADS cancellation fees pursuant to the terms of the deposit agreement governing the ADSs),
in each case, net of any applicable withholding taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 7; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Excluded Shares other than Dissenting Shares
will be automatically cancelled at the effective time of the Merger without payment of any consideration. Each outstanding Dissenting
Share will be cancelled and their holders who have validly exercised and have not effectively withdrawn or lost their dissenters&rsquo;
rights under the Cayman Islands Companies Law would cease to have any of the rights of a member except for the right to be paid
the fair value of such Dissenting Shares in accordance with the Cayman Islands Companies Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Shares Outstanding; Ownership by Morgancreek
Parties</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the date hereof, a total of 131,718,946
Shares of CCM are issued and outstanding, including (i) 84,702,904 Class A Ordinary Shares, (ii) 45,389,073, and (iii) 1,626,969
restricted Class A Ordinary Shares granted under the Company&rsquo;s share incentive plans (the restriction on which will lapse
at the completion of the Merger). As of the date hereof, no Class B Ordinary Shares of CCM are outstanding. As of the date hereof,
the Morgancreek Parties were, in the aggregate, beneficial owners of 45,787,948 Class A Ordinary Shares and 4,660,976 ADSs, which
represent approximately 45.4% of the total outstanding Shares of CCM, or approximately 45.4% of the voting power of all outstanding
Shares of CCM, and assuming the (i) implementation of the Authorized Repurchase and Issue, (ii) completion of the closing under
the Carlyle SPA and (iii) completion of the closing under the Solar Honor SPA, would represent 66.1% of the total outstanding Shares
of CCM, or approximately 91.8% of the voting power of all outstanding Shares of CCM. See Item 11 &ldquo;Interest in Securities
of the Subject Company&rdquo; beginning on page 42.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, as of the date hereof, the Chairman
holds options to purchase 825,932 Class A Ordinary Shares from CCM upon the exercise of his employee share options that are exercisable
as of the date hereof or within 60 days from the date hereof, and Zheng Cheng holds options to purchase 825,932 Class A Ordinary
Shares from CCM upon the exercise of his employee share options that are exercisable as of the date hereof or within 60 days from
the date hereof. All of CCM&rsquo;s outstanding employee share options, whether or not vested as of the date hereof, including
those held by the Chairman and Zheng Cheng, have exercise prices per Share ranging from $2.04 to $3.67, which are higher than the
per Share merger consideration. Therefore, the Morgancreek Parties expect to propose to the board of directors of CCM to cancel
all its outstanding employee share options, whether or not vested, at the effective time of the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Source and Amount of Funds</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The total amount of funds expected to be required
by the Morgancreek Parties to complete the respective share purchases under the Carlyle SPA and the Solar SPA is approximately
$47,141,937. The total amount of funds expected to be required to pay the aggregate merger consideration is approximately $77,328,223.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 8; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">The
Filing Persons expect to finance the respective share purchases under the Carlyle SPA and the Solar SPA through the
proceeds from the promissory notes to be issued by Morgancreek to Blue Ocean Structure Investment II Company Limited, a
special purpose vehicle incorporated in the British Virgin Islands (&ldquo;Blue Ocean SPV&rdquo;) and wholly-owned by Blue
Ocean Project Fund II, LP, a Cayman Islands exempted limited partnership (&ldquo;Blue Ocean Fund&rdquo;), which in turn, is
managed by Blue Ocean Management Limited (Blue Ocean Management Limited, together with Blue Ocean SPV and Blue Ocean Fund,
the &ldquo;Blue Ocean Parties&rdquo;) in an amount of no less than US$56,650,000 (the &ldquo;Blue Ocean Notes&rdquo;)
pursuant to a note subscription agreement (the &ldquo;Blue Ocean Note Subscription Agreement&rdquo;) dated February 9, 2017 by and among Blue Ocean SPV, Blue Ocean Fund, Morgancreek and the Chairman. The remaining proceeds from the
Blue Ocean Notes will be used to partially repay the existing indebtedness of Morgancreek, interest payment and the fees and
expenses under or in connection with the Blue Ocean Notes. The Filing Persons expect to finance the aggregate merger
consideration through potential senior debt financing from certain banks to be arranged by the Morgancreek Parties and the
Blue Ocean Parties. See Item 10 &ldquo;Source and Amount of Funds or Other Consideration&rdquo; beginning on page 41 of this
Schedule 13E-3.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_004"></A><B>Parties to the Merger
(Page 5)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&ldquo;Filing
Persons&rdquo; refers to the following entities and individuals, each of whom is described in more details in Item 3
&ldquo;Identity and Background of Filing Persons&rdquo; beginning on page 30 of this Schedule&nbsp;13E-3 and Item 11
&ldquo;Interest in Securities of the Subject Company&rdquo; beginning on page 42 of this Schedule&nbsp;13E-3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Jianyu Yang</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Shanghai Hui Fu Science and Technology Development Co., Ltd.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Bi Zhang</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Oakville Holdings Group Limited</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Cherrylane Investments Limited</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Zheng Cheng</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Shanghai Jian Qian Science and Technology Development Co., Ltd.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Bluestone Holdings Limited</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Morgancreek Investment Holdings Limited</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">As of the date hereof, Jianyu
Yang, through his direct ownership interest in 100% of Hui Fu, which directly holds 30% ownership interest in Cherrylane, which
directly holds 60% of ownership interest in Morgancreek, which directly holds 59,770,876 Class A Ordinary Shares of CCM (including
Shares represented by ADSs), may be deemed beneficial owner of 59,770,876 Class A Ordinary Shares. In addition, as of the date
hereof, Jianyu Yang holds options to purchase 825,932 Class A Ordinary Shares from CCM upon the exercise of his employee share
options that are exercisable as of the date hereof or within 60 days from the date hereof. The Morgancreek Parties expect to propose
to the board of directors of CCM to cancel all its outstanding employee share options, whether or not vested, at the effective
time of the Merger. Jianyu Yang is a citizen of the People&rsquo;s Republic of China and his principal occupation is serving as
chairman and chief executive officer of CCM.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>


<!-- Field: Page; Sequence: 9; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">As of the date hereof, Hui
Fu, through its direct ownership interest in 30% of Cherrylane, which directly holds 60% of ownership interest in Morgancreek,
which directly holds 59,770,876 Class A Ordinary Shares of CCM (including Shares represented by ADSs), may be deemed beneficial
owner of 59,770,876 Class A Ordinary Shares. Hui Fu is a company incorporated under the laws of the People&rsquo;s Republic of
China and its principal business is technology development, technology transfer, investment management and market promotion in
the field of medical device and information technology.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">As of the date hereof, Bi
Zhang, through her direct ownership interest in 100% of Oakville, which directly holds 70% ownership interest in Cherrylane, which
directly holds 60% ownership interest in Morgancreek, which directly holds 59,770,876 Class A Ordinary Shares of CCM (including
Shares represented by ADSs), may be deemed beneficial owner of 59,770,876 Class A Ordinary Shares. Bi Zhang is a citizen of Canada
and spouse of Jianyu Yang. Bi Zhang&rsquo;s principal occupation is the sole director of Oakville.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the date hereof, Oakville, through its
direct ownership interest in 70% of Cherrylane, which directly holds 60% ownership interest in Morgancreek, which directly holds
59,770,876 Class A Ordinary Shares of CCM (including Shares represented by ADSs), may be deemed beneficial owner of 59,770,876
Class A Ordinary Shares. Oakville is company incorporated under the laws of British Virgin Islands and its principal business is
investment holding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the date hereof, Cherrylane, through
its direct ownership interest in 60% of Morgancreek, which directly holds 59,770,876 Class A Ordinary Shares of CCM (including
Shares represented by ADSs), may be deemed beneficial owner of 59,770,876 Class A Ordinary Shares. Cherrylane is a company incorporated
under the laws of British Virgin Islands and its principal business is investment holding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the date hereof, Zheng Cheng, through
his direct ownership interest in 100% of Jian Qian, which directly holds 100% ownership interest in Bluestone, which directly holds
40% of ownership interest in Morgancreek, which directly holds 59,770,876 Class A Ordinary Shares of CCM (including Shares represented
by ADSs), may be deemed beneficial owner of 59,770,876 Class A Ordinary Shares. In addition, as of the date hereof, Zheng Cheng
holds options to purchase 825,932 Class A Ordinary Shares from CCM upon the exercise of his employee share options that are exercisable
as of the date hereof or within 60 days from the date hereof. The Morgancreek Parties expect to propose to the board of directors
of CCM to cancel all its outstanding employee share options, whether or not vested, at the effective time of the Merger. Zheng
Cheng is a citizen of the People&rsquo;s Republic of China and his principal occupation is serving as director of CCM.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the date hereof, Jian Qian, through its
direct ownership interest in 100% of Bluestone, which directly holds 40% of ownership interest in Morgancreek, which directly holds
59,770,876 Class A Ordinary Shares of CCM (including Shares represented by ADSs), may be deemed beneficial owner of 59,770,876
Class A Ordinary Shares. Jian Qian is a company incorporated under the laws of the People&rsquo;s Republic of China and its principal
business is technology development, technology transfer, investment management and market promotion in the field of medical device
and information technology.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 10; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the date hereof, Bluestone, through its
direct ownership interest in 40% of Morgancreek, which directly holds 59,770,876 Class A Ordinary Shares of CCM (including Shares
represented by ADSs), may be deemed beneficial owner of 59,770,876 Class A Ordinary Shares. Bluestone is a company incorporated
under the laws of British Virgin Islands and its principal business is investment holding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the date hereof, Morgancreek, through
its direct holding of 59,770,876 Class A Ordinary Shares of CCM (including Shares represented by ADSs), may be deemed beneficial
owner of 59,770,876 Class A Ordinary Shares. Morgancreek is a company incorporated under the laws of British Virgin Islands and
its principal business is investment holding.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_005"></A>The Filing Persons&rsquo;
Position on the Fairness of the Merger (Page 7)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Rule 13e-3 under the Securities Exchange Act
of 1934 requires each of the Filing Persons to make certain statements regarding, among other things, their belief as to the fairness
of the Merger to the unaffiliated stockholders of the Company (that is, any holder of Shares, including Shares in the form of ADSs,
other than the Morgancreek Parties or any other affiliates), referred to herein as the &ldquo;Public Stockholders&rdquo;. The Filing
Persons are making these statements solely for the purpose of complying with the requirements of Rule 13e-3 and related rules under
the Securities Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As described more fully below, each Filing
Person believes that the Merger is both substantively and procedurally fair to the Public Stockholders, based on the following
factors:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The Merger will enable the Public Stockholders to immediately receive (without the payment of any
brokerage fees or commissions typically associated with market sales and without being subject to any financing condition) cash
for their Shares (including Shares represented by ADSs).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">ADSs of the Company have limited liquidity for the Public Stockholders and it may be difficult
for the Public Stockholders to sell significant blocks of ADSs of the Company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The Morgancreek Parties&rsquo; collective beneficial ownership of approximately 66.1% of the total
outstanding Shares, representing approximately 91.8% of the total voting power of all outstanding Shares after the closings under
the Carlyle SPA and the Solar Honor SPA and the implementation of the Authorized Repurchase and Issue and immediately prior to
the Merger, eliminates the possibility that a proposal to acquire the Shares by an independent entity could succeed without the
consent of the Morgancreek Parties.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The Filing Persons are not aware of any other firm offer that have been made in the last two years
for: (1)&nbsp;the merger or consolidation of the Company with or into another company, or vice versa; (2)&nbsp;the sale or other
transfer of all or any substantial part of the assets of the Company; or (3)&nbsp;a purchase of the Company&rsquo;s securities
that would enable the holder to exercise control of the Company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 11; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The Merger would shift the risk of the future financial performance of the Company from the Public
Stockholders, who do not have the power to control decisions made regarding the Company&rsquo;s business, entirely to the Filing
Persons who have the power to control the Company&rsquo;s business.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The Public Stockholders are entitled to exercise dissenters&rsquo; rights and demand fair value
for their Shares of the Company as determined under the Cayman Companies Law, which may be determined to be more or less than the
cash amount offered in the Merger.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">See &ldquo;Special Factors - Fairness of the
Merger - Position of Filing Persons as to the Fairness of the Merger,&rdquo; beginning on page 23 of this Schedule&nbsp;13E-3.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_006"></A>Consequences of the
Merger (Page 8)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Completion of the Merger will have the following
effects:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Merger Sub will be merged with and into CCM with CCM being the surviving entity of the Merger and
wholly-owned by Morgancreek;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Each Shares of CCM (other than the Excluded Shares) will be converted into the right to receive
$1.73 per Share in cash and each ADS (other than any ADS that represents Excluded Shares) will be converted into the right to receive
$5.19 per ADS in cash (less $0.05 per ADS cancellation fees pursuant to the terms of the deposit agreement governing the ADSs),
and in each case, without interest and net of any applicable withholding taxes;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Each holder of Shares (including Shares in the form of ADSs) representing the Shares, other than
the Morgancreek Parties, (a) would no longer have any equity interest in, or be shareholders of, CCM upon completion of the Merger
and (b) would not have the opportunity to participate in the earnings and growth of CCM or the right to vote on corporate matters
after the completion of the Merger. These unaffiliated shareholders and unaffiliated ADS holders would not be exposed to the risk
of loss in relation to their investment in CCM after the completion of the Merger; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Following the completion of the Merger, ADSs representing the Shares will be delisted from the
New York Stock Exchange and the Shares and the ADSs will be deregistered under the Securities Exchange Act. Thus, CCM will no longer
be subject to the burden and expense of reporting and other disclosure requirements of the Securities Exchange Act, including requirements
to file annual and other periodic reports or to provide the type of disclosure contained in this Schedule&nbsp;13E-3.</TD></TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 12; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_007"></A>Dissenters&rsquo;
Rights (Pages 9)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">You have
a statutory right to dissent from the Merger and demand payment of the fair value of your Shares of the Company as agreed between
you and the Company or, if no agreement can be reached, as determined in a judicial appraisal proceeding in accordance with Section
238 of the Cayman Companies Law. This value may be more or less than the $1.73 per Share or $5.19 per ADS (less $0.05 per ADS cancellation
fees pursuant to the terms of the deposit agreement governing the ADSs) in cash consideration offered in the Merger. In order to
qualify for these rights, you must deliver a written notice of dissent containing such information as required under Section 238
of the Cayman Companies Law, within 20&nbsp;days immediately following the date on which the Notice of Merger and Dissenters&rsquo;
Rights and a Letter of Transmittal is given and otherwise comply with the procedures for exercising dissenters&rsquo; rights in
Section 238 of the Cayman Companies Law. A copy of Section 238 of the Cayman Companies Law is attached as Exhibit&nbsp;(f) hereto.
Any failure to comply with its terms will result in an irrevocable loss of such right. Stockholders seeking to exercise their statutory
right of dissent are encouraged to seek advice from legal counsel. See Item&nbsp;4 &ldquo;Terms of the Transaction&mdash;Requirements
for Exercising Dissenters&rsquo; Rights&rdquo; beginning on page 37 of this Schedule&nbsp;13E-3.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_008"></A>Where You Can Find
More Information (Pages 9)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Additional information regarding the Company
is available from its public filings with the SEC. See also Item 2 &ldquo;Subject Company Information&rdquo; and Item 3 &ldquo;Identity
and Background of Filing Persons&rdquo; beginning on pages 29 and 30, respectively, of this Schedule&nbsp;13E-3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 13; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="text-transform: uppercase"><B>&nbsp;&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center"><A NAME="a_009"></A>INTRODUCTION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0">This Transaction
Statement on Schedule&nbsp;13E-3 is being filed by the following entities and individuals, collectively referred to as the &ldquo;Filing
Persons&rdquo;:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Jianyu Yang</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Shanghai Hui Fu Science and Technology Development Co., Ltd.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Bi Zhang</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Oakville Holdings Group Limited</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Cherrylane Investments Limited</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Zheng Cheng</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Shanghai Jian Qian Science and Technology Development Co., Ltd.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Bluestone Holdings Limited</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Morgancreek Investment Holdings Limited</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing Persons are required to file this
Schedule&nbsp;13E-3 pursuant to Section 13(e) of the Securities Exchange Act and Rule 13e-3 thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This Schedule 13E-3 is being filed in connection
with the proposed short-form merger between CCM and Merger Sub pursuant to Section 233(7) of the Cayman Companies Law and related
transactions, including the purchases by Morgancreek of Shares held by Carlyle and Solar Honor pursuant to the Carlyle SPA and
the Solar Honor SPA and the implementation of the Authorized Repurchase and Issue. As a result of the Merger, the ADSs will cease
to be listed on the New York Stock Exchange, the Class A Ordinary Shares will terminate registration with the SEC, and CCM will
no longer be required to file reports with the SEC. The effective date of the Merger is expected to occur at any time beginning
the latest to occur of (i) at least 30 days following the filing of this Schedule 13E-3, or such later time as may be required
to comply with Rule 13e-3 under the Securities Exchange Act and all other applicable laws, (ii) the implementation of the Authorized
Repurchase and Issue, (iii) the closing of the Carlyle SPA and the Solar SPA, (iv) the execution of the definitive agreement for
the Proposed Contribution, and (v) the consent, execution and adoption of the agreement and plan of merger governing the terms
of the Merger by the board of directors of each of Merger Sub and CCM.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Upon the consummation of the Merger, each Shares
of (other than the Excluded Shares) will be converted into the right to receive $1.73 per Share in cash and each ADS (other than
any ADS that represents Excluded Shares) will be converted into the right to receive $5.19 per ADS in cash (less $0.05 per ADS
cancellation fees pursuant to the terms of the deposit agreement governing the ADSs), and in each case, without interest and net
of any applicable withholding taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 14; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">CCM will be the surviving corporation in the
Merger. Under Section 233(7) of Cayman Companies Law, no action is required by the shareholder of CCM (other than Merger Sub) for
the Merger to become effective. As a result of the Merger, Morgancreek will be the only shareholder of CCM.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 15; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="text-transform: uppercase"><B></B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center"><A NAME="a_010"></A>SPECIAL FACTORS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_011"></A>Purposes,
Alternatives, Reasons, and Effects of the Merger</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Background of the Merger</I></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From time to time, the Chairman has been reviewing
his investments in CCM as well as CCM&rsquo;s status as a public company. More recently, the Chairman recognized that (i) CCM has
incurred significant costs for, but has derived only minimal benefits from, being a public company and (ii) the ADSs have failed
to attract interest from retail investors, institutional investors or market analysts and as a result an active and liquid market
for the ADSs has not developed, and began to consider potential actions that could be taken to mitigate the effect of these disadvantages.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Beginning in mid-June of 2016, the Chairman
consulted with Cleary Gottlieb Steen &amp; Hamilton LLP (&ldquo;Cleary&rdquo;) about general issues related to going-private transactions
involving U.S.-listed China-based companies to understand the general structure, process, timetable and costs of recent going private
transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Between late-June 2016 and early-July 2016,
the Chairman and Blue Ocean Management Limited held preliminary discussions regarding the possibility of transactions involving
the Company, including an acquisition of the Company. The discussions concerned, among other things, recent market trends, recent
activities of other U.S.-listed China-based companies, the Company&rsquo;s long term strategic plans, and the structure, timetable,
pros and cons of transactions involving the Company, including an acquisition of the Company. In the meantime, the Chairman had
preliminary discussions with Carlyle and Solar Honor regarding their indications of interest in disposing of their respective investments
in CCM.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On July 11, 2016, Blue Ocean Management
Limited, the Chairman and Morgancreek entered into a binding memorandum of understanding (the &ldquo;MoU&rdquo;), which sets
forth the general terms and conditions pursuant to which the parties proposed to take CCM private, including the proposed
purchase price of $1.73 per Share (or $5.19 per ADS). Blue Ocean Management Limited also agreed in the MoU to participate in
the proposed privatization of CCM and coordinate with the Chairman and Morgancreek to arrange the financing for the proposed
privatization. On the same day, Morgancreek entered into the Carlyle SPA to purchase 13,086,350 Class A Ordinary Shares from
Carlyle, and entered into the Solar Honor SPA to purchase 14,163,325 Class A Ordinary Shares from Solar Honor. Also on the
same day, Blue Ocean Management Limited, Chairman and Morgancreek submitted to the board of directors of CCM a non-binding
proposal to acquire all the outstanding Shares of CCM not owned by the Morgancreek Parties at $1.73 per Share (or $5.19 per
ADS), which represented a premium of approximately 33.8% over the closing price of $3.88 per ADS of CCM on July 8, 2016, the
last trading day prior to the date of the non-binding proposal. As indicated in that proposal, Blue Ocean Management Limited,
the Chairman and Morgancreek intended to fund the acquisition with debt or equity capital or a combination thereof. Those
parties intended to effect the acquisition by way of a short-form merger pursuant to Section 233(7) of the Cayman Companies
Law because Morgancreek was expected to hold more than 90% of the voting power of all outstanding Shares of CCM after the
closing of the Carlyle SPA and the Solar SPA as well as the implementation of the Authorized Repurchase and Issue. On that
same day, CCM issued a press release announcing its receipt of the proposal letter and disclosed the transaction proposed
therein. Later on that day, the Morgancreek Parties filed an Amendment No. 2 to the Schedule 13D with the SEC in connection
with the transactions described above. Since then, the Morgancreek Parties held multiple meetings and telephonic meetings
with the Blue Ocean Parties regarding the financing arrangements for the proposed privatization, including discussions with
potential bank lenders to provide senior debt financing. </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 16; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 9, 2017,
Morgancreek, the Chairman,  Blue Ocean SPV and Blue Ocean Fund entered into the Blue Ocean Note Subscription Agreement,
pursuant to which Blue Ocean SPV agreed to subscribe to the Blue Ocean Notes to be issued by Morgancreek. The proceeds of the
Blue Ocean Notes will be used to finance the share purchases contemplated by the Carlyle SPA and the Solar SPA, to
partially repay the existing indebtedness of Morgancreek and to pay interest payment and fees and expenses under or in
connection with the Blue Ocean Notes. On February 9, 2017, the Morgancreek Parties jointly filed Amendment No. 4 to the
Schedule 13D with the SEC announcing the transaction contemplated by the Blue Ocean Note Purchase Agreement and related
transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_012"></A><I>Purposes of the
Merger</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The purpose of the Merger is to effect a going-private
transaction with respect to the Company. Prior to the Merger, Morgancreek will propose
to enter into a contribution agreement with Merger
Sub to contribute, subject to certain conditions, all the Shares it holds to Merger Sub. Upon such Proposed Contribution, Merger
Sub will directly hold approximately 66.1% of the total outstanding Shares, representing approximately 91.8% of the total voting
power of all outstanding Shares. Morgancreek intends to cause Merger Sub to merge with the Company in a &ldquo;short-form&rdquo;
merger, with the Company continuing as the surviving corporation after the Merger, as a means of acquiring all of the other Shares
(including Shares in the form of ADSs) of the Company not owned directly or indirectly by the Morgancreek Parties and the Merger
Sub immediately after the Proposed Contribution and providing a source of immediate liquidity to the holders of such Shares. Following
the Merger, the Company will be a wholly-owned subsidiary of Morgancreek.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Upon completion of the Merger, the Morgancreek
Parties will cause the Company to request the New York Stock Exchange to file a notification on Form 25 with the SEC reporting
that the ADSs of the Company is no longer listed on the New York Stock Exchange, and to file a Form 15 with the SEC requesting
the termination of the Company&rsquo;s reporting obligations under the Securities Exchange Act. Upon the effectiveness of that
termination, the Company will no longer be required to file periodic reports with the SEC. In contemplating the going-private transaction,
the Filing Persons believe that the Company is burdened by certain aspects of public company status and neither the Company nor
holders of its Shares (including Shares represented by ADSs) have received significant benefits from its public company status.
Specifically, as a public reporting company the Company is required to comply with periodic reporting, internal control evaluation,
audit and other requirements. The Company is also required to publish business and financial results that are visible not only
to its investors, but also to prospective customers and competitors. At the same time, the Company has not enjoyed the benefits
it anticipated from its public company status. Because of the inability to generate significant investor interest, the Company
has not been able to secure access to additional capital.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 17; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">By completing the going-private transaction,
the Filing Persons intend to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Increase the profitability of the Company by eliminating the operating burdens and expenses associated
with public company status; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Provide immediate liquidity to the holders of the Company&rsquo;s Shares (including Shares represented
by ADSs) by paying a fair value for their Shares.</TD></TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_013"></A><I>Alternatives</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing Persons considered the advantages
and disadvantages of certain alternatives to acquiring the minority interests of the Public Stockholders. In the view of the Filing
Persons, the principal advantage of leaving the Company as a company listed on the New York Stock Exchange would be for the potential
investment liquidity of owning securities of a public company and for the possibility of using the Company&rsquo;s securities to
raise capital or make acquisitions. However, the Filing Persons do not expect the stockholder liquidity or access to capital to
change significantly in the foreseeable future. The Filing Persons also noted that companies of similar size and public float to
the Company do not typically receive the necessary attention from stock analysts and the investment community to create substantial
liquidity. Therefore, the Filing Persons concluded that the advantages of leaving the Company as a public company were outweighed
by the disadvantages of doing so, and accordingly that alternative was rejected.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">The Filing
Persons believe that effecting the transaction by way of a &ldquo;short-form&rdquo; merger under Section 233(7) of Cayman Companies
Law is also the quickest and most cost-effective way for Merger Sub to acquire the outstanding minority equity interest in the
Company, as well as an equitable and fair way to provide liquidity, in the form of cash merger consideration, to the Public Stockholders
for their Shares of the Company. Compared with a &ldquo;short-form&rdquo; merger, a tender offer or &ldquo;long-form&rdquo; merger
takes much more time to complete and involves substantially greater costs. Although a reverse stock split may involve a smaller
aggregate cash payment to the Public Stockholders, the Filing Persons decided not to use a reverse stock split to privatize the
Company due to the following concerns: (i) a reverse stock split requires the Company to amend its memorandum and articles of association
which may take much more time than a &ldquo;short-form&rdquo; merger; (ii) a reverse stock split may leave certain stockholders
with one or more &ldquo;odd lots,&rdquo; which are generally difficult to sell; and (iii) the Filing Persons may have to effect
a merger in any event following the completion of a reverse stock split in order to gain 100% ownership in the Company. Therefore,
the Filing Persons determined that a &ldquo;short-form&rdquo; merger would be the quickest and most cost-effective manner to achieve
the purposes described above.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 18; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_014"></A><I>Reasons</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In determining whether to acquire the outstanding
public minority equity interest in the Company and to effect the Merger, the Filing Persons considered the following factors to
be the principal benefits of taking the Company private:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">To decrease costs associated with being a public company. For example, as a privately-held
                                                                                                          company, the Company (as the surviving entity of the Merger) would not be required to file quarterly, annual, or other
                                                                                                          periodic reports with the SEC, publish and distribute to its stockholders annual reports and proxy statements, or comply with
                                                                                                          certain provisions of the Sarbanes-Oxley Act of 2002, or SOX. Estimated cost savings per year include approximately
                                                                                                          $1,060,000 for expenses associated with audit and SOX compliance, $1,570,000 for expenses associated with personnel and
                                                                                                          public company management, $220,000 for expenses associated with public company legal representation, and $43,000 for
                                                                                                          general public company compliance expenses (such as stock transfer agent services, and printing, mailing and preparation of
                                                                                                          proxy statements, annual reports and other SEC reports). Certain individuals of the management of the Company spend more than
                                                                                                          half of their time involved with activities related to active public company management. The Filing Persons therefore
                                                                                                          anticipate that going-private would result in cost savings of approximately $2,893,000 per year for the Company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">To eliminate additional burdens on management associated with public reporting and other tasks
resulting from the Company&rsquo;s public company status, including, for example, the dedication of time and resources to stockholder
inquiries and investor and public relations.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">To provide greater flexibility for management of the Company to focus on the business and the long-term
business goals of the Company (as opposed to quarterly earnings), without the diversion of the significant time required to comply
with the reporting obligations of a public company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">To reduce the amount of public information available to competitors of the Company&rsquo;s businesses
that would result from the termination of the Company&rsquo;s obligations under the reporting requirements of the Securities Exchange
Act, and the rules and regulations promulgated thereunder and any other requirements of the SEC.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">To provide increased and immediate liquidity for investors. The Merger would result in
                                                                                                          immediate, enhanced liquidity for the Public Stockholders. The Filing Persons believed that the market for the Shares is so
                                                                                                          illiquid that all of Public Stockholders would not be able to sell their Shares within a short period of time at or above the
                                                                                                          merger consideration. In addition, the per ADS merger consideration represents a premium of 13.3% over the Company&rsquo;s
                                                                                                          closing price of $4.58 per ADS on February 8, 2017, the last trading day prior to the filing of the Schedule&nbsp;13E-3 on
                                                                                                          February 9, 2017, and a premium of 13.8% to the average closing price of the ADSs on a basis during the 30 trading days
                                                                                                          prior to the filing of the Schedule&nbsp;13E-3 on February 9, 2017.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The fact that the Merger offers the holder of the Shares or the ADSs the opportunity to sell their
Shares or ADSs for one price at the same time, without the payment of any brokerage fee or commission, and thereby directly benefits
such holders. This Rule 13e-3 transaction is structured as a &ldquo;short-form&rdquo; merger under Section 233(7) of Cayman Companies
Law. This form of merger allows the Public Stockholders to receive cash for their Shares or ADSs quickly and allows the Company
to become a privately held company without any action by the Public Stockholders.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The lack of interest by institutional investors in companies with a limited public float, in particular,
following Morgancreek&rsquo;s acquisitions of Class A Ordinary Shares from Carlyle and Solar Honor pursuant to the Carlyle SPA
and the Solar SPA.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 19; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing Persons also weighed a variety of
risks and other potentially negative factors for the Public Stockholders and the Filing Persons concerning the Merger, including
the fact that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Following the consummation of the Merger, the Public Stockholders will cease to participate in
any future earnings of or benefit from any increases in the value of the Company; only the Filing Persons would benefit by an increase
in the value of the Company;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">For U.S. federal income tax purposes generally, the cash payments made to the Public Stockholders
pursuant to the Merger will result in a taxable transaction to such stockholders;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The board of directors of the Company was not required under Cayman Companies Law to consider the
proposed effect of the Merger upon any particular group having an interest in the corporation as a dominant factor, such as the
Public Stockholders, and the board of directors of the Company did not appoint an independent committee to consider the proposed
effect of the Merger on the Public Stockholders;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The Public Stockholders will be required to surrender their Shares (including Shares represented
by ADSs) involuntarily in exchange for a cash price determined by the Filing Persons;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The Public Stockholders will not have the right as a result of the Merger to liquidate their Shares
at a time and for a price of their choice;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Under Section 238 of Cayman Companies Law, a Public Stockholder who is entitled to dissent and
obtain payment pursuant to Section 238 of Cayman Companies Law, may not challenge the Merger which created the entitlement to dissent
other than seeking relief on the grounds that the Merger is void or unlawful;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The Filing Persons will be the sole beneficiaries of the cost savings that result from privatizing
the Company; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The Company will no longer be subject to the provisions of the SOX or the liability provisions
of the Securities Exchange Act.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Many of the
factors in favor of taking the Company private have been present in the Company&rsquo;s history for some time. Although the Filing
Persons could have effectuated a &ldquo;short-form&rdquo; merger at other times prior to the current proposed Merger, the Filing
Persons only recently considered a potential going-private transaction in a serious way after beginning to more critically assess
and evaluate the business performance and operations of the Company, the ongoing costs of keeping the Company as a public company
and the lack of liquidity to the stockholders of the Company. In addition to the costs of keeping the Company as a public company,
the Filing Persons also considered the significant difficulty that the Company would have in raising capital in the market for
working capital needs given the limited liquidity of its Shares and the recent negative market outlook on PRC companies that have
listed in the United States. On July 11, 2016, the Filing Persons concluded their analysis and determined that the costs of keeping
the Company as a public company (as discussed above) exceeded the benefits and therefore decided to pursue the possibility of a
&ldquo;short-form&rdquo; merger without delay in order to realize the benefit of taking the Company private. On the same day, the
Filing Persons jointly filed Amendment No. 2 to the Schedule&nbsp;13D with the SEC announcing their intention to acquire all of
the outstanding Shares not owned by the Filing Persons by way of a &ldquo;short-form&rdquo; merger, with the Company continuing
as the surviving corporation and a wholly-owned subsidiary of Morgancreek as a result of the Merger.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 20; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_015"></A>Effect of the Merger
on the Company</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">General</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Morgancreek Parties (and upon the implementation
of the Authorized Repurchase and Issue, through Merger Sub) expect to beneficially own 66.1% of the total outstanding Shares, representing
approximately 91.8% of the total voting power of all outstanding Shares immediately after the Proposed Contribution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Upon completion of the Merger, the Morgancreek
Parties will have beneficial ownership of an aggregate of 100% of the outstanding Shares and complete control over the conduct
of the Company&rsquo;s business. The table below sets out the indirect interest in the Company&rsquo;s net book value and net income
for the Morgancreek Parties immediately before and after the Merger, based on the historical net book value and net income of the
Company as of December 31, 2015.<SUP> </SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP>&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="14" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Ownership&nbsp;Prior&nbsp;to&nbsp;the&nbsp;Merger</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="14" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Ownership After the Merger</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP>&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Net Book Value</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Net Earnings (Loss)</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Net Book Value</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Net Earnings (Loss)</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP>&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">$&rsquo;000</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">%</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">$&rsquo;000</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">%</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">$&rsquo;000</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">%</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">$&rsquo;000</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">%</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify; width: 28%">Morgancreek Parties</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 6%; text-align: right">146,305</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 6%; text-align: right">66.1</TD><TD STYLE="width: 1%; text-align: left">%</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 6%; text-align: right">(8,089</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 6%; text-align: right">66.1</TD><TD STYLE="width: 1%; text-align: left">%</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 6%; text-align: right">221,339</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 6%; text-align: right">100</TD><TD STYLE="width: 1%; text-align: left">%</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 6%; text-align: right">(12,238</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 6%; text-align: right">100</TD><TD STYLE="width: 1%; text-align: left">%</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">Effect of the Merger on Unaffiliated
Stockholders</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Upon completion of the Merger, the Public
Stockholders will no longer have an interest in, and will not be stockholders of, the Company. They will not be able to
participate in any future earnings and potential growth of the Company (as the surviving corporation of the Merger), but will
also no longer bear the risk of any decreases in the value of the Company. In addition, the Public Stockholders will not
share in the distribution of proceeds resulting from future sales of businesses of the Company, if any. See Item 6
&ldquo;Purposes of the Transaction and Plans or Proposals - Plans,&rdquo; beginning on page 40 of this Schedule&nbsp;13E-3.
All other incidents of stock ownership with respect to such Public Stockholders, such as the rights to vote on certain
corporate decisions, to elect directors, to receive distributions upon the liquidation of the Company and to receive
dissenters&rsquo; rights upon certain mergers or consolidations of the Company (except for dissenters&rsquo; rights perfected
in connection with the Merger), will be extinguished upon completion of the Merger. After completion of the Merger, the
Public Stockholders will lose the rights and protections that the federal securities laws provide to security holders of
public companies, the substantive disclosure requirements that the federal securities laws, including the SOX, require of
public companies, and the reporting obligations for directors, officers and principal security holders of public companies.
For example, after completion of the Merger, the Company will no longer be subject to the provisions of the SOX and certain
of the liability provisions of the Securities Exchange Act. In addition, persons acquiring 5% of the Company&rsquo;s Shares
will no longer be required to report their beneficial ownership under the Securities Exchange Act. Further, the receipt of
the payment for shares will be a taxable transaction for U.S. federal income tax purposes for Public Stockholders that are
U.S. Holders as defined under &ldquo;Special Factors&mdash;Material U.S. Federal Income Tax Consequences&rdquo;. See
&ldquo;Special Factors&mdash;Material U.S. Federal Income Tax Consequences&rdquo;, beginning on page 19 of this Schedule
13E-3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 21; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Upon completion of the Merger, the Public Stockholders
will have liquidity, in the form of the merger consideration, in place of an ongoing equity interest in the Company.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">Effect of the Merger on the Shares</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Once the Merger is effective, public trading
of the ADSs on the New York Stock Exchange will cease. There will no longer be price quotations for the ADSs and the Company will
undertake certain filings to terminate the registration of its common stock under the Securities Exchange Act. As a result, the
Company will no longer be required to file annual, quarterly, and other periodic reports with the SEC under Section 13(a) of the
Securities Exchange Act. The Company will no longer be subject to the provisions of the SOX or the liability provisions of the
Securities Exchange Act. In addition, the Filing Persons will no longer be subject to reporting requirements regarding their ownership
of the Shares under Section 13 of the Securities Exchange Act.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_016"></A><I>Plans after the Merger</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Immediately after the completion of the Merger,
Morgancreek will own 100% of the equity interest in the surviving company. After the completion of the Merger, the Filing Persons
anticipate that CCM will continue its current operations, except that (i) it will suspend its reporting obligations under Section
12(g) of the Securities Exchange Act after filing a Form 15 with the SEC, (ii) its ADSs will be delisted from the New York Stock
Exchange and there will be no public market for its ADSs; and (iii) it will have substantially more debt than it currently has.
After the completion of the Merger, the directors of Merger Sub immediately prior to the completion of the Merger will become the
directors of the surviving company, and the Filing Persons currently anticipate that officers of CCM immediately prior to the completion
of the Merger will remain the officers of the surviving company until the earlier of their resignation or removal or until their
respective successors are duly elected or appointed and qualified, as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Except as otherwise described in this Schedule&nbsp;13E-3,
the Filing Persons have not, as of the date of this Schedule&nbsp;13E-3, approved any specific plans or proposals or engaged in
any negotiation for:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any extraordinary corporate transaction involving CCM after the completion of the Merger;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any sale or transfer of a material amount of assets currently held by CCM after the completion
of the Merger;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any material change in CCM&rsquo;s dividend rate or policy, or indebtedness or capitalization;
or</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any other material change in CCM&rsquo;s corporate structure or business.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing Persons reserve the right to continue
to evaluate the business and operations of CCM with a view to maximizing its potential, and they will take such actions as they
deem appropriate under the circumstances and market conditions then existing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 22; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: none; text-align: left"><A NAME="a_017"></A>Material U.S.
Federal Income Tax Consequences</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following is a discussion of certain material U.S. federal
income tax consequences to a U.S. Holder (as defined below) of the exchange of the Shares or ADSs for cash in the Merger. This
discussion is based upon the provisions of the Internal Revenue Code of 1986, as amended(the &ldquo;Code&rdquo;), and the laws,
regulations, rulings, and judicial interpretations thereof in effect on the date of this Transaction Statement, and the Agreement
Between the Government of the United States of America and the Government of the People&rsquo;s Republic of China for the Avoidance
of Double Taxation and Prevention of Tax Evasion with Respect to Taxes on Income, dated April 30, 1984 (the &ldquo;Treaty&rdquo;)
(as amended by any protocols), all of which are subject to change (possibly with retroactive effect) and to differing interpretations.
In addition, this discussion only applies to holders of the Shares or ADSs that own the Shares or ADSs as capital assets, and does
not address tax consequences that may be relevant to holders of the Shares or ADSs that may be subject to special tax treatment
under the Code, such as holders who are brokers, dealers or traders in securities or foreign currency, traders in securities that
elect to apply a mark-to-market method of accounting, insurance companies, tax-exempt organizations, banks, financial institutions,
real estate investment trusts, regulated investment companies, grantor trusts, holders that own or are treated as owning 10% or
more of our voting common shares, holders who hold the Shares or ADSs as part of a hedge, straddle, conversion, or other risk reduction
transaction or holders who acquired Shares or ADSs pursuant to the exercise of options or otherwise as compensation. Moreover,
the following discussion does not address the U.S. federal income tax consequences applicable to directly or indirectly holding
an ownership interest in the Company after the Merger or the tax consequences of the Merger under U.S. federal estate and gift
tax laws, state, local or non-U.S. tax laws, the tax consequences of the Medicare contribution tax applicable to net investment
income of certain non-corporate U.S. Holders and the alternative minimum tax, or the tax consequences of any transactions occurring
prior to, concurrently with or after the Merger (whether or not such transactions are in connection with the Merger).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For purposes of this discussion, a &ldquo;U.S.
Holder&rdquo; is a beneficial owner of the Shares or ADSs that is a citizen or individual resident of the United States,; a U.S.
domestic corporation or otherwise is subject to U.S. federal income taxation on a net income basis in respect of such Shares or
ADSs; and that is fully eligible for benefits under the Treaty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If a partnership (or other entity treated
as a partnership for U.S. federal income tax purposes) is a beneficial owner of the Shares or ADSs, the U.S. tax treatment of a
partner in such partnership will generally depend on the status of the partner and the activities of the partnership. A partnership
holding the Shares or ADSs or a partner in such partnership should consult its tax advisors as to the particular U.S. federal income
tax consequences of the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The receipt of cash by a U.S. Holder pursuant
to the Merger or pursuant to the exercise of statutory dissenters&rsquo; rights will be a taxable transaction for U.S. federal
income tax purposes. Subject to the discussion under &ldquo;Passive Foreign Investment Company&rdquo; below, a U.S. Holder generally
will recognize gain or loss for U.S. federal income tax purposes equal to the difference between the amount of cash that the U.S.
Holder receives in the Merger and that U.S. Holder&rsquo;s adjusted tax basis in that U.S. Holder&rsquo;s Shares or ADSs. Such
gain or loss will generally be capital gain or loss and generally will be long-term capital gain or loss if, at the effective date
of the Merger, the U.S. Holder has held the Shares or ADSs for more than one year. Long-term capital gains recognized by a non-corporate
U.S. Holder (including an individual) currently are eligible for a reduced rate of U.S. federal income tax. If a U.S. Holder acquired
different blocks of the Shares or ADSs at different times and different prices, such U.S. Holder must determine the adjusted tax
basis and holding period separately with respect to each such block of the Shares or ADSs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 23; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">It is not clear if PRC tax will be imposed
on any gain from the disposition of a U.S. Holder&rsquo;s shares or ADSs (as discussed below in &ldquo;Material PRC Tax Consequences&rdquo;).
&nbsp;If any such tax were imposed, for purposes of the foreign tax credit limitation, any gain or loss recognized by a U.S. Holder
on a disposition of common shares or ADSs will be treated as U.S. source gain or loss for U.S. foreign tax credit limitation purposes.
However, if we are treated a &ldquo;resident enterprise&rdquo; of the PRC for PRC tax purposes, we may be eligible for the benefits
of the Treaty. In such event, if PRC tax were to be imposed on any gain from the disposition of the common shares or ADSs, a U.S.
Holder that is eligible for the benefits of the Treaty may elect to treat the gain as PRC source income for foreign tax credit
purposes. U.S. Holders are encouraged to consult their tax advisors regarding the tax consequences if PRC tax is imposed on gain
on a disposition of the Shares or ADSs, including the availability of the foreign tax credit under their particular circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The cash payments made to a U.S. Holder
pursuant to the Merger or pursuant to the exercise of statutory dissenters&rsquo; rights will be subject to information reporting
requirements and backup withholding unless the U.S. Holder provides the paying agent with an accurate taxpayer identification number
and makes any other required certification or otherwise established that an exemption from backup withholding applies. Backup withholding
is not an additional tax and the amount of any backup withholding from a payment to a U.S. Holder will be allowed as a credit against
such U.S. Holder&rsquo;s U.S. federal income tax liability and may entitle such U.S. Holder to a refund, provided that the required
information is timely furnished to the IRS. U.S. Holders should consult their tax advisors regarding their qualification for exemption
from backup withholding and the procedure for obtaining such an exemption.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Passive Foreign Investment Company</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Based on the financial statements and the
projected composition of the income and valuation of the assets of the Company, including goodwill, the Morgancreek Parties believe
that the Company was not a passive foreign investment company (&ldquo;PFIC&rdquo;) for United States federal income tax purposes
for our taxable year ending December 31, 2015, and the Morgancreek Parties do not expect that the Company has become one for its
2016 or current taxable year. However, there can be no assurances in this regard. In general, the Company will be a PFIC for any
taxable year in which at least 75% of its gross income is passive income at least 50% of the value of its assets (based on an average
of the quarterly values) is attributable to assets that produce or are held for the production of passive income (which includes
cash). For this purpose, passive income generally includes dividends, interest, royalties and rents (other than royalties and rents
derived in the active conduct of a trade or business and not derived from a related person).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If the Company were a PFIC for any taxable
year during which a U.S. Holder has held its ordinary shares or ADSs, such U.S. Holder will be subject to special tax rules with
respect to any gain realized pursuant to the Merger or pursuant to the exercise of statutory dissenters&rsquo; rights. Under these
special tax rules, the gain will be allocated ratably over the U.S. Holder&rsquo;s holding period for the ordinary shares or ADSs.
The amount allocated to the current taxable year, and any taxable year prior to the first taxable year in which the Company was
a PFIC, will be treated as ordinary income. The amount allocated to each other year will be subject to tax at the highest tax rate
in effect for that year and the interest charge generally applicable to underpayments of tax will be imposed on the resulting tax
attributable to each such year. A U.S. Holder will also be required to file Internal Revenue Service Form 8621 if such Holder holds
our ordinary shares or ADSs in any year in which we are classified as a PFIC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">U.S. Holders are urged to consult their
own tax advisors concerning the United States federal income tax consequences of receiving of cash pursuant to the Merger or pursuant
to the exercise of statutory dissenters&rsquo; rights if we are considered a PFIC in any taxable year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>THE U.S. FEDERAL INCOME TAX CONSEQUENCES SET FORTH ABOVE
ARE INCLUDED FOR GENERAL INFORMATION PURPOSES ONLY AND ARE BASED UPON CURRENT LAW. BECAUSE INDIVIDUAL CIRCUMSTANCES MAY BE DIFFERENT,
EACH BENEFICIAL OWNER OF SHARES IS ENCOURAGED TO CONSULT SUCH BENEFICIAL OWNER&rsquo;S TAX ADVISOR AS TO THE SPECIFIC TAX CONSEQUENCES
TO EACH SUCH BENEFICIAL OWNER OF THE MERGER, INCLUDING THE APPLICATION OF STATE, LOCAL, FOREIGN AND OTHER TAX LAWS.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 24; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-transform: none; text-align: left"><A NAME="a_018"></A>Material
Pre Tax Consequences</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Under the EIT Law, enterprises established
outside of China whose &ldquo;de facto management bodies&rdquo; are located in the PRC are considered &ldquo;resident enterprises,&rdquo;
and thus will generally be subject to the enterprise income tax at the rate of 25% on their global income. The implementation rules
for the EIT Law define the &ldquo;de facto management body&rdquo; as an establishment that has substantial management and control
over the business, personnel, accounts and properties of an enterprise. The State Administration of Taxation issued the Notice
Regarding the Determination of Chinese-Controlled Offshore Incorporated Enterprises as PRC Tax Resident Enterprises on the Basis
of De Facto Management Bodies on April 22, 2009, which provides certain specific criteria for determining whether the &ldquo;de
facto management body&rdquo; of a Chinese-controlled offshore incorporated enterprise is located in China. Under the EIT Law and
its implementation regulations, the PRC income tax at the rate of 10% is applicable to any gain recognized on receipt of consideration
by a &ldquo;non-resident enterprise&rdquo; from transfer of its equity in a PRC resident enterprise, provided that the &ldquo;non-resident
enterprise&rdquo; does not have a de facto management body in the PRC and also (a) does not have an establishment or place of business
in the PRC or (b) has an establishment or place of business in the PRC, but the relevant income is not effectively connected with
the establishment or place of business, to the extent such gain is derived from sources within the PRC. Under the Individual Income
Tax Law, an individual who disposes a capital asset in China is subject to PRC individual income tax at the rate of 20%. Relief
from these taxes may be sought under applicable Income Tax Treaties with China. As there has not been a definitive determination
of the Company&rsquo;s status by the PRC tax authorities, the Company cannot confirm whether it would be considered a PRC resident
enterprise under the EIT Law or whether the gain recognized on the receipt of consideration for the Shares would otherwise be subject
to PRC tax to holders of such Shares that are not PRC tax residents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: justify"><FONT STYLE="font-weight: normal; text-transform: none">In
addition, under the Circular on Strengthening the Administration of Enterprises Income Tax on Non-resident Enterprises&rsquo; Equity
Transfer Income (&ldquo;Circular 698&rdquo;) issued by the State Administration of Taxation, which became effective as of January
1, 2008, the Circular Concerning Various Questions on the Administration of Enterprises Income Tax on Non-resident Enterprises
(&ldquo;Bulletin 24&rdquo;) issued by the State Administration of Taxation, which became effective as of April 1, 2011, and the
Bulletin on Certain Issues Relating to Indirect Transfer of Assets by Non-resident Enterprises (&ldquo;Circular 7&rdquo;) issued
by the State Administration of Taxation to replace certain provisions under Circular 698 and Bulletin 24, which became effective
on February 3, 2015, if any non-resident enterprise transfers equity of a resident enterprise, the non-resident enterprise may
be subject to a 10% PRC income tax on the gain from such equity transfer, unless the amount of the equity interest to be transferred
and the transfer price are determined pursuant to standard trading rules of a public security market and not by the purchaser and
the seller by mutual agreement prior to such transactions. According to Circular 7, where a non-resident enterprise indirectly
holds and transfers equity of a PRC resident enterprise held through an offshore holding company, a list of factors set out by
Circular 7 should be taken into consideration to assess whether the transfer arrangement would be deemed as having a reasonable
commercial purpose. Where a non-resident enterprise indirectly transfers equity interests in a PRC resident enterprise through
the implementation of a scheme without a reasonable commercial purpose and resulting in the avoidance of the enterprise income
tax liability, the competent taxation authorities will have the power to re-characterize the transaction as a direct transfer of
PRC resident enterprises&rsquo; equity and impose a 10% income tax on the gain from such offshore share transfer.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 25; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: justify"><FONT STYLE="font-weight: normal; text-transform: none">While
Circular 7 does not, on its terms, apply to individual transferors (as Circular 7 explicitly states that it applies
to non-PRC resident enterprise), there is very little guidance and practical experience in that regard. Circular 7 may be
determined by the tax authorities to be applicable to the Merger where non-PRC resident corporate stockholders were involved,
if the Merger is determined by the PRC tax authorities as lack of a reasonable commercial purpose. As a result, if the PRC
tax authorities were to invoke Circular 7 and impose tax on the receipt of consideration for the Shares, then any gain
recognized on the receipt of consideration for such Shares pursuant to the Merger by the Company&rsquo;s stockholders who are
not PRC residents could be treated as PRC-source income that would be subject to PRC enterprise income tax at a rate of 10%,
unless otherwise specified by the applicable tax conventions and treaties.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>YOU ARE ENCOURAGED TO CONSULT YOUR OWN TAX
ADVISOR FOR A FULL UNDERSTANDING OF THE TAX CONSEQUENCES OF THE MERGER TO YOU, INCLUDING ANY PRC TAX CONSEQUENCES.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 26; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: none; text-align: left"><A NAME="a_019"></A>Fairness
of the Merger</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_020"></A><I>Position of Filing
Persons as to the Fairness of the Merger</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Under the SEC rules, the Filing Persons are
deemed to be engaged in a going-private transaction, which, if consummated, will result in the suspension of the SEC reporting
obligations of the Company and its affiliates. Rule 13e-3 of the Securities Exchange Act requires the Filing Persons to provide
certain information regarding their position as to the fairness of the proposed Merger to the Public Stockholders. The Filing Persons
are making the statements included in this section solely for the purpose of complying with the requirements of Rule 13e-3 and
related rules under the Securities Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As used in this Schedule&nbsp;13E-3, the term
&ldquo;Public Stockholders&rdquo; means any holder of Shares, including Shares in the form of ADSs, other than the Morgancreek
Parties or any other affiliate of the Company.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_021"></A><I>Factors Considered
In Determining Fairness</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing
Persons believe that the proposed Merger is both substantively and procedurally fair to the Public Stockholders based on the following
factors:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>The Merger Consideration.</I> The Merger will enable the Public Stockholders to immediately
receive (without the payment of any brokerage fees or commissions typically associated with market sales) cash for their Shares
(including Shares represented by ADSs).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>Current and Historical Market Prices of the Share. </I>The merger consideration, at $1.73 per
Share, or $5.19 per ADS, represents a premium of approximately 33.8% over the Company&rsquo;s closing price of $3.88 per ADS on
July 8, 2016, the last trading day prior to the announcement of the non-binding proposal by the Chairman, a premium of 13.3%
over the Company&rsquo;s closing price of $4.58 on February 8, 2017, the last trading day prior to the filing of the Schedule&nbsp;13E-3
on February 9, 2017, and a premium of 13.8% to the average closing price of the ADSs during the 30 trading days prior to the
filing of the Schedule&nbsp;13E-3 on February 9, 2017. The merger consideration is all cash, which provides a specific amount of
cash consideration for the Shares held by, and liquidity to, the Public Stockholders and allows the Public Stockholders not to
be exposed to risks and uncertainties relating to the prospects of the Company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>No Firm Offers</I>. The Filing Persons considered the absence of any third party buyer for the
Company during the past two years to support the fairness of the Merger to the Public Stockholders because the absence of a third
party buyer demonstrated that the proposed Merger with Merger Sub was the only likely source of prompt liquidity for the Shares
that was simultaneously available to all of the Public Stockholders. In support of this factor, the Filing Persons considered the
fact that no offer has been made in the last two years for: (1) the merger or consolidation of the Company with or into another
company, or vice versa; (2) the sale or other transfer of all or any substantial part of the assets of the Company; or (3) a purchase
of the Company&rsquo;s securities that would enable the holder to exercise control of the Company. Further, the Filings Persons
believe that &ldquo;shopping&rdquo; the Company would not only entail substantial time delays and detract from the amount of time
and energy by management of the Company focused on the Company&rsquo;s business, but would also disrupt and discourage the Company&rsquo;s
employees and create uncertainty among the Company&rsquo;s end customers without any benefit to the Public Stockholders. The fact
that the Filing Persons did not seek a buyer foreclosed the opportunity to consider an alternative transaction with a third party
purchaser of the Company or otherwise provide liquidity in the form of a third party offer to the Public Stockholders. Accordingly,
it is unlikely that finding a third party buyer for the Company was a realistic option for the Public Stockholders.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 27; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>Elimination of Future Financial Performance Risks of the Company</I>. The Merger would shift
the risk of the future financial performance of the Company from the Public Stockholders, who do not have the power to control
decisions made regarding the Company&rsquo;s business, entirely to the Filing Persons who have the power to control the Company&rsquo;s
business.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>No Reporting Obligations</I>. After the Merger, the Company will no longer be subject to the
costly reporting and other disclosure requirements of the Securities Exchange Act, including those instituted under the SOX.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing Persons did not consider the Company&rsquo;s
net book value, which is an accounting concept based on historical costs, as a factor because it believed that net book value is
not a material indicator of the Company&rsquo;s value as a going concern but rather is indicative of historical costs (and does
not, for example, take into account the future prospects of the Company, market trends and conditions or business risks inherent
in a competitive market) and therefore, in their view, is not a relevant measure in the determination as to the fairness of the
Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In their consideration of the fairness of the
proposed Merger, the Filing Persons did not undertake an appraisal of the assets of the Company to determine the Company&rsquo;s
liquidation value for the Public Stockholders due to the impracticability of determining a liquidation value given the significant
execution risk involved in any breakup. In addition, the Filing Persons did not consider the Company&rsquo;s liquidation value
to be a relevant valuation method because they consider the Company to be a viable going concern where value is derived from cash
flows generated from its continuing operations, and because the Company will continue to operate its business following the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing Persons did not establish, and did
not consider, a pre-merger going concern value for the Shares to determine the fairness of the merger consideration to the Public
Stockholders. The Filing Persons determined the merger consideration based on the price it was willing to pay to acquire the Company,
the debt financing it was able to obtain to complete the transaction and its determination that the merger consideration is fair
to the Public Stockholders based on the factors disclosed above. However, to the extent the pre-merger going concern value was
reflected in the pre-announcement price of the Shares, the merger consideration represented a premium to the going concern value
of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing Persons also noted that the purchase
price per Share under the Carlyle SPA and the Solar Honor SPA, both of which were arm-lengths transactions, is the same as the
proposed per Share merger consideration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 28; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing Persons have not performed, or engaged
a financial advisor to perform, any third-party valuation analysis for the purposes of assessing the fairness of the Merger to
the Public Stockholders or establishing the merger consideration. A financial advisor is not required under Cayman Companies Law
to establish the merger consideration. In setting the merger consideration, the Filing Persons followed Cayman Companies Law that
a controlling stockholder causing a &ldquo;short-form&rdquo; merger need not satisfy the &ldquo;entire fairness&rdquo; standard
typically applicable to going-private transactions under U.S. laws. The Morgancreek Parties established the merger consideration
by evaluating the factors above and determining a price which, in their opinion, was both fair to the Filing Persons and fair to
the Public Stockholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing Persons considered requesting that
independent directors of the Company form a special committee for the purpose of determining the fairness of the Merger but decided
not to pursue this option. In reaching such a conclusion, the Filing Persons considered the statutory right of a holder of 90%
of the voting equity interests of a corporation to have the corporation merge with and into a subsidiary without approval of the
owners of equity interests in the subsidiary under Section 233(7) of Cayman Companies Law. The board of directors of the Company
was not required under Cayman Companies Law to consider the proposed effect of the Merger upon any particular group having an interest
in the corporation (such as the Public Stockholders) as a dominant factor and the board of directors of the Company did not appoint
an independent committee to consider the proposed effect of the Merger on the Public Stockholders. The Filing Persons determined
that by disclosing to the Public Stockholders all information that is reasonably necessary in order to enable them to decide, on
a fully informed basis, whether to exercise their dissenters&rsquo; rights, their obligation, if any, to the Public Stockholders
is satisfied. In addition, the Filing Persons believed that the cost of hiring counsel and advisors, and the diversion of management
resources to assist the special committee, would be a drain on the resources of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The foregoing discussion of the information
and factors considered and given weight by the Filing Persons in connection with its evaluation of the fairness of the Merger to
the Public Stockholders is not intended to be exhaustive, but include all material factors considered. The Filing Persons found
it impracticable to assign, and did not assign, relative weights to the foregoing factors considered in reaching its conclusions
as to the fairness of the Merger to the Public Stockholders. Rather, the Filing Persons made the fairness determinations after
considering all of the foregoing factors as a whole.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition to the foregoing factors and analyses
that support the Filing Persons&rsquo; belief that the Merger is fair to the Public Stockholders, the Filing Persons, acting individually,
have also weighed the following negative factors:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>No Future Participation in the Prospects of the Company</I>. Following the consummation of the
Merger, the Public Stockholders will cease to participate in any future earnings or growth, if any, of the Company (as the surviving
entity of the Merger), or benefit from an increase, if any, in the value of their holdings in the Company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>Actual or Potential Conflicts of Interest</I>. The Filing Persons may be deemed to own<BR>
approximately 66.1% of the total outstanding Shares, representing approximately 91.8% of the total voting power of all outstanding
Shares, of the Company immediately after the Proposed Contribution and, immediately following the Merger, will own 100% of the
Company (as the surviving entity). Accordingly, and as disclosed herein, the interests of the Filing Persons in determining the
merger consideration are adverse to the interests of the Public Stockholders.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 29; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>No opportunity for the Public Stockholders to vote on the Merger</I>. Because the Merger is
being effected pursuant to a &ldquo;short-form&rdquo; merger under Section 233(7) of Cayman Companies Law, the Merger does not
require approval by the Company&rsquo;s stockholders. The Public Stockholders will not therefore have the opportunity to vote on
the Merger.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>No special committee representing the interests of Public Stockholders</I>. The Company&rsquo;s
board of directors did not establish a special committee consisting of non-management, independent directors for the purpose of
representing solely the interests of the Public Stockholders and retaining independent advisers to assist with the evaluation of
strategic alternatives, including the Merger.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>No fairness opinion</I>. The Filing Persons did not engage any third parties to perform any
financial analysis of, or prepare any reports, opinions, or appraisals concerning the Merger or value of the Shares.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">After weighing these negative factors and giving
them due consideration, the Filing Persons (each acting individually) have concluded that none of these factors, alone or in the
aggregate, is significant enough to outweigh the factors and analyses that the Filing Persons have considered to support their
belief that the Merger is fair to the Public Stockholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Specifically with respect to procedural fairness,
the Filing Persons did not consider it necessary to (i) explicitly require adoption of the Merger by at least a majority of the
Public Stockholders or (ii) establish a special committee or otherwise retain an unaffiliated representative to act solely on behalf
of the Public Stockholders for purposes of negotiating the terms of the Merger or prepare a report concerning the fairness of the
Merger, because these procedural safeguards would delay and increase the costs of the Merger to the detriment of the Company and
the Public Stockholders. Further, the Filing Persons believe the Merger is procedurally fair because the Public Stockholders will
be entitled to exercise dissenters&rsquo; rights under Section 238 of Cayman Companies Law. In addition, the Filing Persons have
prepared this Schedule 13E-3 in accordance with Rule 13e-3 under the Securities Exchange Act, and intend to mail the definitive
Schedule 13E-3 to the stockholders of the Company at least 20 days prior to the effective time of the Merger. Therefore, the Filing
Persons have determined that the Merger is fair to the Public Stockholders from procedural perspective because it is in compliance
with all requirements from procedural perspective under Rule 13e-3 of the Securities Exchange Act and the Cayman Companies Law,
in each case to the extent applicable to a &ldquo;short-form&rdquo; merger to be effected under the Cayman Companies Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In view of the number and wide variety of factors
considered in connection with making a determination as to the fairness of the Merger to the Public Stockholders, and the complexity
of these matters, the Filing Persons did not find it practicable to, nor did they attempt to, quantify, rank, or otherwise assign
relative weights to the specific factors they considered. Moreover, the Filing Persons have not undertaken to make any specific
determination or assign any particular weight to any single factor, but have conducted an overall analysis of the factors described
above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<!-- Field: Page; Sequence: 30; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center"><A NAME="a_022"></A>REPORTS, OPINIONS,
APPRAISALS, AND NEGOTIATIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing Persons have not engaged any third
parties to perform any financial analysis of, or prepare any reports, opinions, or appraisals concerning the Merger or value of
the Shares or ADSs and, accordingly, the Filing Persons have not received any report, opinion, or appraisal from any outside party
relating to the fairness of the merger consideration being offered to the Public Stockholders or the fairness of the Merger to
CCM, the Filing Persons, or to the Public Stockholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 31; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center"><A NAME="a_023"></A>CAUTIONARY NOTE
REGARDING FORWARD-LOOKING STATEMENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This Schedule 13E-3 and the documents incorporated
by reference in this Schedule 13E-3 include certain forward-looking statements. These statements appear throughout this Schedule
13E-3 and include statements regarding the intent, belief, or current expectations of the Filing Persons, including statements
concerning the Filing Persons&rsquo; strategies following completion of the Merger. Such forward-looking statements are not guarantees
of future performance and involve risks and uncertainties. Actual results may differ materially from those described in such forward-looking
statements as a result of various factors, such as positions and strategies of competitors; cash availability/liquidity; the risks
inherent with predicting cash flows, revenue and earnings outcomes as well as all other risk factors identified in (i) the Company&rsquo;s
Annual Report on Form 20-F for the fiscal year ended December 31, 2015 filed with the Securities and Exchange Commission, or the
SEC, on April 28, 2016, (ii) the Company&rsquo;s Financial Results for the first half of 2016 as exhibit to Form 6-K furnished
with the SEC on August 25, 2016, and (iii) as otherwise described in the Company&rsquo;s filings with the SEC from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 32; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center"><A NAME="a_024"></A>TRANSACTION
STATEMENT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_025"></A>Item 1. Summary Term Sheet</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">See the Section above captioned &ldquo;Summary
Term Sheet&rdquo; beginning on page 1 of this Schedule&nbsp;13E-3.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_026"></A>Item 2. Subject Company Information</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Name and Address</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The name of the subject company is Concord
Medical Services Holdings Limited, a Cayman Islands company. The principal executive office of CCM is located at 18/F, Tower A,
Global Trade Center, 36 North Third Ring Road, Dongcheng District, Beijing, PRC, 100013, and its telephone number is +86-10- 5957
5266.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">CCM is subject to the informational reporting
requirements of the Securities Exchange Act and in accordance therewith is required to file reports and other information with
the SEC relating to its business, financial condition, and other matters. Such reports, proxy statements and other information
are available for inspection and copying at the SEC&rsquo;s public reference room located at 100 F. Street, N.E., Room 1580, Washington,
D.C. 20549. Copies may be obtained from the SEC&rsquo;s principal office at 450 Fifth Street, N.W., Washington, D.C. 20549. The
SEC also maintains a web site that contains reports, proxy, and information statements, and other information regarding registrants
that file electronically with the SEC at http://www.sec.gov.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Securities</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal; font-style: normal">The
exact title of the class of equity securities subject to the Merger is Class A Ordinary Share, par value $0.0001 per share, of
CCM. As of the date hereof, there are 131,718,946 issued and outstanding Shares, including (i) 84,702,904 Class A Ordinary Shares,
(ii) 45,389,073, and (iii) 1,626,969 restricted Class A Ordinary Shares granted under the Company&rsquo;s share incentive plans
(the restriction on which will lapse at the Completion of the Merger). As of December 31, 2015, there were issued and outstanding
options to purchase 7,929,358 Class A Ordinary Shares at exercise prices ranging from $2.04 to $3.67 per Share. The Morgancreek
Parties expect to propose to the board of directors of CCM to cancel all its outstanding employee share options, whether or not
vested, at the effective time of the Merger.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Trading Market and Price</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">CCM&rsquo;s ADSs are listed on the New York
Stock Exchange and trade under the symbol &ldquo;CCM&rdquo;. The following table sets forth the high and low sales prices per ADS
for the periods indicated as quoted on the New York Stock Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 33; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: justify">&nbsp;</TD><TD NOWRAP STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="text-align: justify; border-bottom: Black 1pt solid">High</TD><TD NOWRAP STYLE="padding-bottom: 1pt">&nbsp;</TD><TD NOWRAP STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="text-align: justify; border-bottom: Black 1pt solid">Low</TD><TD NOWRAP STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify">For the year ended December 31, 2016</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 74%; text-align: justify; padding-left: 20.25pt">Fourth Quarter</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">4.59</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">3.87</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify; padding-left: 20.25pt">Third Quarter</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">4.42</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">3.76</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify; padding-left: 20.25pt">Second Quarter</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">4.99</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">3.52</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify; padding-left: 20.25pt">First Quarter</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">5.06</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">4.19</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify">For the year ended December 31, 2015</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify; padding-left: 20.25pt">Fourth Quarter</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">5.60</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">4.41</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify; padding-left: 20.25pt">Third Quarter</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">7.07</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">4.51</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify; padding-left: 20.25pt">Second Quarter</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">7.99</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">5.84</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify; padding-left: 20.25pt">First Quarter</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">7.69</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">5.81</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Dividends</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">According to CCM&rsquo;s annual report on Form
20F for the fiscal year ended December 31, 2015, CCM had not paid dividends on Class A Ordinary Shares in the past and did not
anticipate doing so in the foreseeable future.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Prior Public Offerings</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">None of the Filing Persons has made any underwritten
public offering of any securities of CCM in the past three years.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Prior Stock Purchases</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Other than as described in this Schedule 13E-3,
none of the Filing Persons has purchased any securities of CCM in the past two years.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_027"></A>Item 3. Identity and Background of Filing
Persons</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Jianyu Yang</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Name and
Address</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Mr. Jianyu
Yang&rsquo;s principal business address is 18/F, Tower A, Global Trade Center, 36 North Third Ring Road East, Dongcheng District,
Beijing 100013, People&rsquo;s Republic of China, and his telephone number is +86 10 5957-5266.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
and Background of Entity</I></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Not applicable.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
Background of Natural Persons</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Mr. Jianyu
Yang has served as the chairman of the Company since November 2011 and as chief executive officer of the Company since 2008. He
is a citizen of the People&rsquo;s Republic of China.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Shanghai Hui Fu Science and Technology
Development Co., Ltd.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Name and
Address</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">The principal
office address of Shanghai Hui Fu Science and Technology Development Co., Ltd. is Room 232, Zone C, 2nd Floor, 555 Songxiu Road,
Qingpu District, Shanghai, People&rsquo;s Republic of China, and its telephone number is +86 10 5957-5266.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>


<!-- Field: Page; Sequence: 34; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
and Background of Entity</I></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Shanghai
Hui Fu Science and Technology Development Co., Ltd. is a limited liability company organized under the laws of the People&rsquo;s
Republic of China wholly owned by Mr. Jianyu Yang. The principal business of Shanghai Hui Fu Science and Technology Development
Co., Ltd. is technology development, technology transfer, investment management and market promotion in the field of medical device
and information technology.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
Background of Natural Persons</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Not applicable.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bi Zhang</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Name and
Address</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Ms. Bi Zhang&rsquo;s
principal business address is P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Island, and her
telephone number is +86 10 5957-5288.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
and Background of Entity</I></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Not applicable.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
Background of Natural Persons</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Ms. Bi Zhang&rsquo;s
principal occupation is the sole director of Oakville Holdings Group Limited, which is an investment holding company. She&rsquo;s
a citizen of Canada and spouse of Mr. Jianyu Yang.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Oakville Holdings Group Limited</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Name and
Address</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">The principal
office address of Oakville Holdings Group Limited is P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British
Virgin Islands, and its telephone number is +852 2869-0069.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
and Background of Entity</I></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Oakville
Holdings Group Limited is a limited liability company organized under the laws of the British Virgin Islands wholly owned by Ms.
Bi Zhang. The principal business of Oakville Holdings Group Limited is investment holding.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
Background of Natural Persons</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Not applicable.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 35; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Cherrylane Investments Limited</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Name and
Address</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">The principal
office address of Cherrylane Investments Limited is P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin
Islands, and its telephone number is +86 10 5957-5266.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
and Background of Entity</I></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Cherrylane
is a limited liability company organized under the laws of the British Virgin Islands, and is 30% owned by Shanghai Hui Fu Science
and Technology Development Co., Ltd. and 70% owned by Oakville Holdings Group Limited. The principal business of Cherrylane Investments
Limited is investment holding.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
Background of Natural Persons</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Not applicable.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Zheng Cheng</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Name and
Address</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Mr. Cheng&rsquo;s
principal business address is 18/F, Tower A, Global Trade Center, 36 North Third Ring Road East, Dongcheng District, Beijing 100013,
People&rsquo;s Republic of China, and his telephone number is +86 10 5957-5266.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
and Background of Entity</I></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Not applicable.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
Background of Natural Persons</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Mr. Zheng
Cheng has served as director of the Company since November 2011 and served as the chief operating officer of the Company from 2008
until March 2015. He served as co-chairman of the board from 2008 to 2011. He is a citizen of the People&rsquo;s Republic of China.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Shanghai Jian Qian Science and Technology
Development Co., Ltd.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Name and
Address</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">The principal
office address of Shanghai Jian Qian Science and Technology Development Co., Ltd is Room 231, Zone C, 2nd Floor, 555 Songxiu Road,
Qingpu District, Shanghai, People&rsquo;s Republic of China, and its telephone number is +86 10 5957-5266.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
and Background of Entity</I></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Shanghai
Jian Qian Science and Technology Development Co., Ltd. is a limited liability company organized under the laws of the People&rsquo;s
Republic of China wholly owned by Mr. Cheng. The principal business of Shanghai Jian Qian Science and Technology Development Co.,
Ltd. is technology development, technology transfer, investment management and market promotion in the field of medical device
and information technology.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 36; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
Background of Natural Persons</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Not applicable.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bluestone Holdings Limited</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Name and
Address</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">The principal
office address of Bluestone Holdings Limited is P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin
Islands, and its telephone number is +86 10 5957-5266.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
and Background of Entity</I></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Bluestone
Holdings Limited is a limited liability company organized under the laws of the British Virgin Islands wholly owned by Shanghai
Jian Qian Science and Technology Development Co., Ltd. The principal business of Bluestone Holdings Limited is investment holding.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
Background of Natural Persons</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Not applicable.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Morgancreek Investment Holdings Limited</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Name and
Address</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">The principal
office address of Morgancreek Investment Holdings Limited is P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola,
British Virgin Islands, and its telephone number is +86 10 5957-5266.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
and Background of Entity</I></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Morgancreek
Investment Holdings Limited is a limited liability company organized under the laws of the British Virgin Islands, which is 60%
held by Cherrylane Investments Limited and 40% held by Bluestone Holdings Limited. The principal business of Morgancreek Investment
Holdings Limited is investment holding.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Business
Background of Natural Persons</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the five years preceding the date of
this filing, none of the Filing Persons, (nor to the best knowledge of the Filing Persons, any person listed in <U>Schedule I</U>
hereto or mentioned above) has been (A) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors)
or (B) a party to any judicial or administrative proceeding (except for matters that were dismissed without sanction or settlement)
that resulted in a judgment, decree or final order enjoining the person from future violations of, or prohibiting activities subject
to, federal or state securities laws, or a finding of any violation of federal or state securities laws.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 37; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_028"></A>Item 4. Terms of the Transaction</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Material Terms</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Morgancreek plans to enter into a contribution
agreement with Merger Sub to contribute, subject to certain conditions, all the Shares it holds to Merger Sub, which will include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">45,787,948 Class B Ordinary Shares upon the implementation of the Authorized Repurchase and Issue;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">13,982,928 Class A Ordinary Shares issuable upon the cancellation of 4,660,976 ADSs it holds as
of the date hereof;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">13,086,350 Class A Ordinary Shares to be acquired from Carlyle pursuant to the Carlyle SPA; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">14,163,325 Class A Ordinary Shares to be acquired from Solar Honor pursuant to the Solar Honor
SPA.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Upon such Proposed Contribution, Merger Sub
will directly hold approximately 66.1% of the total outstanding Shares, representing approximately 91.8% of the total voting power
of all outstanding Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Morgancreek Parties plan to propose that
the board of directors of Merger Sub and board of directors of CCM consent to, execute and adopt an agreement and plan of merger
once all financing required for the Merger has been secured. The agreement and plan of merger will govern the terms of the Merger
and will be effective upon the completion of the Proposed Contribution. At any time beginning the latest to occur of (i) at least
30 days following the filing of this Schedule 13E-3, or such later time as may be required to comply with Rule 13e-3 under the
Securities Exchange Act and all other applicable laws, (ii) the implementation of the Authorized Repurchase and Issue, (iii) the
closing of the Carlyle SPA and the Solar SPA, (iv) the execution of the definitive agreement for the Proposed Contribution, and
(v) the consent, execution and adoption of the agreement and plan of merger governing the terms of the Merger by the board of directors
of each of Merger Sub and CCM, the Morgancreek Parties expect to cause Merger Sub to merge with and into CCM in a &ldquo;short-form&rdquo;
merger under Section 233(7) of the Cayman Companies Law. Holder of Shares of CCM will not be entitled to vote their Shares with
respect to the Merger, but will be entitled to dissenters&rsquo; rights in accordance with Section 238 of the Cayman Companies
Law. CCM will be the surviving corporation in the Merger without approval of the holders of Shares of CCM. Before the effective
date of the Merger, a copy of the agreement and plan of merger for the Merger will be provided to each holder of Shares of CCM
pursuant to Section 233(7) of the Cayman Companies Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 38; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Following the filing of the agreement and plan
of merger with the Registrar of Companies, together with a director&rsquo;s declaration on behalf of each of CCM and Merger Sub
and all other documentation required under Section 233(9) of the Cayman Companies Law to the satisfaction of the Registrar of Companies,
and subject to the payment of all applicable fees, the Registrar of Companies will register the agreement and plan of merger and
issue a certificate of merger pursuant to Section 233(11) of the Cayman Companies Law. The Company&rsquo;s ADSs are currently listed
on New York Stock Exchange under the symbol &ldquo;CCM&rdquo;. It is expected that, immediately following the completion of the
merger, CCM will cease to be a publicly traded company and will instead become a privately held company wholly owned directly by
Morgancreek and beneficially by the Morgancreek Parties. Following the completion of the Merger, the Company&rsquo;s ADSs will
cease to be listed on the New York Stock Exchange, and price quotations with respect to sales of CCM&rsquo;s ADSs in the public
market will no longer be available. In addition, registration of the Company&rsquo;s ADSs and the underlying Shares under the Exchange
Act will be terminated. After the effective time of the Merger, CCM will no longer be required to file periodic reports with the
SEC or otherwise be subject to U.S. federal securities laws, including the Sarbanes-Oxley Act of 2002, applicable to public companies.
After the completion of the Merger, the holder of the Shares or ADSs will no longer enjoy the rights or protections that U.S. federal
securities laws provide.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Upon completion of the Merger, each of the
outstanding Shares and ADSs of CCM, other than the Excluded Shares, will be cancelled in exchange for the right to receive $1.73
per Share or $5.19 per ADS (in the case of ADSs, less $0.05 per ADS cancellation fees pursuant to the terms of the deposit agreement),
as applicable, in cash, without interest and net of any applicable withholding taxes. At the effective time of the Merger, the
Excluded Shares other than the Dissenting Shares will be cancelled for no consideration. At the effective time of the Merger, each
ordinary share of Merger Sub issued and outstanding immediately prior to the effective time will be converted into one fully paid
and non-assessable ordinary share of the surviving company. As a result, current shareholders and ADS holders of CCM, other than
Morgancreek Parties, (a) would no longer have any equity interest in, or be shareholders of, CCM upon completion of the Merger
and (b) would not have the opportunity to participate in the earnings and growth of CCM or the right to vote on corporate matters
after the completion of the Merger. These unaffiliated shareholders and unaffiliated ADS holders would not be exposed to the risk
of loss in relation to their investment in the Company after the completion of the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the Merger is completed, the current memorandum
and articles of association of CCM will be replaced in its entirety by the memorandum and articles of association of Merger Sub,
as in effect prior to the completion of the Merger (except for the article with respect to the name of the surviving company).
In addition, after the effective time of the Merger, the directors of Merger Sub immediately prior to the effective time of the
merger will become the directors of CCM, which is the surviving company, and the Morgancreek Parties anticipate that the officers
of CCM immediately prior to the effective time of the Merger will remain the officers of the Company, in each case until the earlier
of their resignation or removal or until their respective successors are duly elected or appointed and qualified, as the case may
be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If you are a registered holder of Shares, promptly
after the effective time of the Merger, a paying agent to be appointed by Morgancreek or the Merger Sub will mail you (a) a form
of letter of transmittal for the purpose of specifying how the delivery of the merger consideration to you is to be effected and
(b) instructions for effecting the surrender of any share certificates in exchange for the applicable merger consideration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 39; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If your Shares are represented by share certificates,
unless you validly exercise and have not effectively withdrawn or lost your dissenters' rights in accordance with Section 238 of
the Cayman Islands Companies Law, upon your surrender of the share certificates (or an affidavit and indemnity of loss in lieu
of the share certificates) together with a duly completed letter of transmittal, the paying agent will send you the per Share merger
consideration of $1.73 in cash, without interest and net of any applicable withholding taxes, for each Share represented by the
share certificate in exchange for the cancellation of your share certificates after completion of the merger. If you hold your
Shares in book-entry form, that is, without a share certificate, unless you validly exercise and have not effectively withdrawn
or lost your dissenters' rights in accordance with Section 238 of the Cayman Islands Companies Law, the paying agent will automatically
send you the per Share merger consideration of $1.73 in cash, without interest and net of any applicable withholding taxes, in
exchange for the cancellation of each of your Shares after completion of the merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If your Shares are held in &ldquo;street name&rdquo;
by your broker, bank or other nominee, you will receive instructions from your broker, bank or other nominee on how to surrender
your Shares and receive the merger consideration for those Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If your ADSs are represented by certificates,
also referred to as ADRs, unless you have surrendered your ADRs to the ADS depositary for cancellation prior to the effective time
of the Merger, upon your surrender of the ADRs (or an affidavit and indemnity of loss in lieu of the ADRs) together with a duly
completed letter of transmittal (which will be supplied to you by the ADS depositary after the effective time of the merger), the
ADS depositary will send to you a check for the per ADS merger consideration of $5.19 in cash, without interest and net of any
applicable withholding taxes (less $0.05 per ADS cancellation fees payable by holders of ADSs pursuant to the deposit agreement),
in exchange for the cancellation of your ADRs after the completion of the Merger. If you hold your ADSs in un-certificated form,
that is, without an ADR, unless you have surrendered your ADSs to the ADS depositary for cancellation prior to the effective time
of the merger, the ADS depositary will automatically send to you a check for the per ADS merger consideration of $5.19 in cash,
without interest and net of any applicable withholding taxes (less $0.05 per ADS cancellation fees payable by holders of ADSs pursuant
to the deposit agreement), in exchange for the cancellation of your ADSs after the completion of the Merger. The per ADS merger
consideration may be subject to backup withholding taxes if you have not provided a properly completed U.S. Internal Revenue Service
Form W-9 or applicable Form W-8. In the event of a transfer of ownership of ADSs that is not registered in the register of ADS
holders maintained by the ADS depositary, the check for any cash to be exchanged upon cancellation of the ADSs will be issued to
such transferee only if the ADRs, if applicable, are presented to the ADS depositary, accompanied by all documents reasonably required
to evidence and effect such transfer and to evidence that any applicable ADS transfer taxes have been paid or are not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If your ADSs are held in &ldquo;street name&rdquo;
by your broker, bank or other nominee, you will not be required to take any action to receive the merger consideration for your
ADSs as the ADS depositary will arrange for the surrender of the ADSs and the remittance of the per ADS merger consideration with
The Depository Trust Company (the clearance and settlement system for the ADSs) for distribution to your broker, bank or nominee
on your behalf. If you have any questions concerning the receipt of the per ADS merger consideration, please contact your broker,
bank or nominee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 40; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For U.S. federal income tax purposes generally,
the receipt of the cash consideration by U.S. Holders of the Ordinary Shares pursuant to the Merger will be a taxable sale of the
U.S. Holders&rsquo; Ordinary Shares. See &ldquo;Special Factors&mdash;Material
U.S. Federal Income Tax Consequences&rdquo; on page 19 of this Schedule 13E-3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Requirements for Exercising Dissenters&rsquo;
Rights</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following is a brief summary of the rights
of holders of the Shares to object to the Merger and receive cash equal to the fair value of their Shares (&ldquo;Dissenters&rsquo;
Rights&rdquo;). This summary is not a complete statement of the law, and is qualified in its entirety by the complete text of Section
238 of the Cayman Companies Law, a copy of which is attached as Exhibit (f) to this Schedule 13E-3. If you are contemplating the
possibility of objecting to the Merger, you should carefully review the text of Exhibit (f), particularly the procedural steps
required to perfect Dissenters&rsquo; Rights. These procedures are complex and you should consult your Cayman Islands legal counsel.
If you do not fully and precisely satisfy the procedural requirements of the Cayman Companies Law, you will lose your Dissenters&rsquo;
Rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Requirements for Exercising Dissenters&rsquo;
Rights</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A dissenting registered shareholder of the
Company is entitled to payment of the fair value of his Shares upon dissenting to the proposed Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The exercise of your Dissenters&rsquo; Rights
will preclude the exercise of any other rights by virtue of holding Shares in connection with the Merger, other than the right
to seek relief on the grounds that the Merger is void or unlawful. To preserve your Dissenters&rsquo; Rights, the following procedures
must be followed:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Within 20 days of the effective date of the Merger, the Company will deliver a Notice of Merger
and Dissenters&rsquo; Rights and Letter of Transmittal (&ldquo;Merger Notice&rdquo;) to all Shareholders;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Within 20 days immediately following the date on which the Merger Notice is given (the &ldquo;Dissent
Period&rdquo;), any Shareholder (a &ldquo;Dissenting Shareholder&rdquo;) may give a written notice of his decision to dissent (a
&ldquo;Notice of Dissent&rdquo;) to the Company stating his name and address, the number and class of Shares with respect to which
he dissents and demanding payment of the fair value of his Shares. A Dissenting Shareholder must dissent in respect of all the
Shares which he holds;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Within seven days immediately following the date of expiry of the Dissent Period, the Company,
as the surviving corporation, must make a written offer (a &ldquo;Fair Value Offer&rdquo;) to each Dissenting Shareholder to purchase
their Shares at a price determined by the Company to be the fair value of such Shares;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 41; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">If, within 30 days immediately following the date of the Fair Value Offer, the Company and the
Dissenting Shareholder fail to agree on a price at which the Company will purchase the Dissenting Shareholder&rsquo;s Shares, then,
within 20 days immediately following the date of the expiry of such 30-day period, the Company must, and the Dissenting Shareholder
may, file a petition with the Grand Court of the Cayman Islands (the &ldquo;Grand Court&rdquo;) for a determination of the fair
value of the Shares held by all Dissenting Shareholders who have served a Notice of Dissent and who have not agreed with the Company
as to fair value;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">If a petition is timely filed, the Grand Court will determine at a hearing which shareholders are
entitled to Dissenters&rsquo; Rights and will determine the fair value of the Shares held by those shareholders.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">All notices and petitions must be executed
by or for the shareholder of record, fully and correctly, as such shareholder&rsquo;s name appears on the register of members of
the Company. If the Shares are owned of record in a fiduciary capacity, such as by a trustee, guardian or custodian, these notices
must be executed by or for the fiduciary. If the Shares are owned by or for more than one person such notices and petitions must
be executed by or for all joint owners. An authorized agent, including an agent for two or more joint owners, may execute the notices
or petitions for a shareholder of record; however, the agent must identify the record owner and expressly disclose the fact that,
in exercising the notice, he is acting as agent for the record owner. A person having a beneficial interest in Shares held of record
in the name of another person, such as a broker or nominee, must act promptly to cause the record holder to follow the steps summarized
above and in a timely manner to perfect whatever Dissenters&rsquo; Rights attached to the Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If you do not satisfy each of these
requirements, you cannot exercise Dissenters&rsquo; Rights and will be bound by the terms of the Merger. You must send all
notices to the Company to 18/F, Tower A, Global Trade Center, 36 North Third Ring Road East, Dongcheng District, Beijing
10013, People&rsquo;s Republic of China.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If you are considering dissenting, you should
be aware that the fair value of your Shares determined under Section 238 of the Cayman Companies Law could be more than, the same
as, or less than the $1.73 in cash without interest for each Share of the Company that you would otherwise receive as consideration
in the Merger. In addition, in any proceedings for determination of the fair value of Shares covered by a Notice of Dissent, the
Company and the Filing Persons intend to assert that the merger consideration is equal to the fair value of each of your Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The provisions of Section 238 of the Cayman
Companies Law are technical and complex. If you fail to comply strictly with the procedures set forth in Section 238, you will
lose your Dissenters&rsquo; Rights. You should consult your Cayman Islands legal counsel if you wish to exercise Dissenters&rsquo;
Rights.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_029"></A>Item 5. Past Contacts, Transactions, Negotiations
and Agreements</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Transactions</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Apart from the transactions as disclosed in
&ldquo;Item 7 Major Shareholders and Related Transactions&rdquo; of the annual report of the Company on Form&nbsp;20F for the fiscal
year ended December 31, 2015, and filed with the SEC on April 28, 2016, and other than as described in this Schedule&nbsp;13E-3,
there have been no transactions that occurred during the past two years between the Filing Persons (including their respective
executive officers, directors and controlling persons) and the Company or any of its affiliates.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 42; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Significant Corporate Events</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Other than as described in this Schedule&nbsp;13E-3,
there have been no negotiations, transactions or material contacts that occurred during the past two years between (i) any of the
Filing Persons or, to the knowledge of any of the Filing Persons, any of the persons listed on <U>Schedule I</U> hereto and (ii)
the Company or its affiliates concerning any merger, consolidation, acquisition, tender offer for or other acquisition of any class
of the Company&rsquo;s securities, election of the Company&rsquo;s directors or sale or other transfer of a material amount of
assets of the Company. Please refer to the Section entitled &ldquo;Special Factors &ndash; Purposes,
Alternatives, Reasons and Effects of the Merger &ndash; Background of the Merger&rdquo; beginning on page 12 of this
Schedule&nbsp;13E-3.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Negotiations or Contacts</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Other than the transactions described in this
Schedule&nbsp;13E-3, to the knowledge of the Filing Persons, there have been no negotiations or material contacts that occurred
during the past two years concerning the matters referred to in the paragraph above named as &ldquo;Significant Corporate Events&rdquo;
between (i) any affiliates of the Company or (ii) the Company or any of its affiliates and any person not affiliated with the Company
who would have a direct interest in such matters.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Agreements Involving the Subject Company&rsquo;s
Securities</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Apart from the transactions as disclosed
in &ldquo;Item 6 Contracts, Arrangements, Understandings or Relationships With Respect To Securities of the Issuer&rdquo; on
Amendment 4  to Schedule 13D filed by the Morgancreek Parties with the SEC on February 9, 2016 and other than as described
in this Schedule&nbsp;13E-3, there is no agreement, arrangement or understanding, whether or not legally enforceable, between
any of the Filing Persons or, to the knowledge of any of the Filing Persons, any of the persons listed on <U>Schedule I</U>
hereto and any other person with respect to any securities of the Company.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_030"></A>Item 6. Purposes of the Transaction and
Plans or Proposals</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Purposes</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">See &ldquo;Special
Factors&mdash;Purposes, Alternatives, Reasons, and Effects of the Merger&mdash;Purposes of the Merger&rdquo; beginning on page 13
of this Schedule 13E-3<FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Use of Securities Acquired</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Shares (including Shares represented
by ADSs) acquired in the Merger from the Public Stockholders will be cancelled.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 43; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><I></I></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Plans</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Immediately after the completion of the Merger,
Morgancreek will directly own 100% of the equity interest in the surviving company. After the completion of the Merger, the Filing
Persons anticipate that CCM will continue its current operations, except that (i) it will suspend its reporting obligations under
Section 12(g) of the Securities Exchange Act after filing a Form 15 with the SEC, (ii) its ADSs will be delisted from the New York
Stock Exchange and there will be no public market for its Shares or ADSs; and (iii) it will have substantially more debt than it
currently has. After the completion of the Merger, the directors of Merger Sub immediately prior to the completion of the Merger
will become the directors of the surviving company, and the Morgancreek Parties anticipates that the officers of CCM immediately
prior to the completion of the Merger will remain the officers of the surviving company until the earlier of their resignation
or removal or until their respective successors are duly elected or appointed and qualified, as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Except as otherwise described in this Schedule&nbsp;13E-3,
the Filing Persons have not, as of the date of this Schedule&nbsp;13E-3, approved any specific plans or proposals or engaged in
any negotiation for:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any extraordinary corporate transaction involving CCM after the completion of the Merger;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any sale or transfer of a material amount of assets currently held by CCM after the completion
of the Merger;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any material change in CCM&rsquo;s dividend rate or policy, or indebtedness or capitalization;
or</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any other material change in CCM&rsquo;s corporate structure or business.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">The Filing
Persons reserve the right to continue to evaluate the business and operations of CCM with a view to maximizing its potential, and
they will take such actions as they deem appropriate under the circumstances and market conditions then existing.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_031"></A>Item 7. Background of the Transaction,
Purposes, Alternatives, Reasons and Effects of the Merger</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">See &ldquo;Special Factors &ndash;
Purposes, Alternatives, Reasons and Effects of the Merger &ndash; Background of the Merger&rdquo; beginning on page 12 of
this Schedule&nbsp;13E-3.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_032"></A>Item 8. Fairness of the Transaction</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">See &ldquo;Special Factors &ndash; Fairness
of the Merger&rdquo; beginning on page 23 of this Schedule&nbsp;13E-3.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_033"></A>Item 9. Reports, Opinions, Appraisals
and Negotiations</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">See &ldquo;Reports,
Opinions, Appraisals and Negotiations&rdquo; beginning on page 27 of this Schedule&nbsp;13E-3.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 44; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_034"></A>Item 10. Source and Amount of Funds or
Other Consideration</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The total amount of funds expected to be required
by the Morgancreek Parties to complete the respective share purchases under the Carlyle SPA and the Solar SPA is approximately
$47,141,937. The total amount of funds expected to be required to pay the aggregate merger consideration is approximately $77,328,223..</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Filing Persons expect to finance
the respective share purchases under the Carlyle SPA and the Solar SPA through the proceeds from the Blue Ocean Notes, which is described under the subheading &ldquo;Borrowed Funds&rdquo; in this
section. The Filing Persons expect to finance the aggregate merger consideration through potential senior debt financing to
be arranged by the Morgancreek Parties and the Blue Ocean Parties. The Morgancreek Parties and the Blue Ocean Parties have
been in discussions with potential bank lender(s) for the senior bank financing and expect to enter into certain bank
commitment letter within the first quarter of 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Conditions</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">Material conditions
under the Blue Ocean Notes are described under the subheading &ldquo;Borrowed Funds&rdquo; in this section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"><I>Expenses</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"><I>&nbsp;</I></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; text-align: justify; border-bottom: Black 1pt solid">Description</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify; border-bottom: Black 1pt solid">Amount</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 87%; text-align: justify">Legal fees and expenses</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right"></TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify">Financial advisory fees and expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify">Paying Agent (including filing, printing and mailing)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify">Miscellaneous fees and expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify">Total</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Borrowed Funds</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Blue Ocean Notes</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 9, 2017, Morgancreek, the
Chairman, Blue Ocean SPV and Blue Ocean Fund entered into the Blue Ocean Note Subscription Agreement pursuant to which Blue
Ocean SPV committed to purchase, which such commitment to purchase is guaranteed by the Blue Ocean Fund, the Blue Ocean Notes
to be issued by Morgancreek in an amount of no less than $56,650,000. The commitment is conditioned upon, among others, the
Chairman executing a personal undertaking and guarantee regarding the repayment of the Blue Ocean Notes and
the privatization, including an exclusivity undertaking from the Chairman that he or his affiliates will not engage in
any financing transaction similar to the Blue Ocean Notes for the privatization with any third parties, other than with
potential bank lender(s) for the senior bank financing, until September 30, 2017. In addition, Blue Ocean SPV has an upsize
option to subscribe to an additional $42,000,000 Blue Ocean Notes, the proceeds of which will be used to partially repay
certain existing indebtedness of Morgancreek. Either of Morgancreek and the Chairman on the one hand, or Blue Ocean SPV and
Blue Ocean Fund on the other hand, may terminate the Blue Ocean Note Subscription Agreement if the closing of the $56,650,000
principal amount of the Blue Ocean Notes fails to take place by March 6, 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 45; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">The Blue Ocean Notes will
be secured by first lien charges on approximately 34.0% of Shares held or to be held by Morgancreek, including the Shares to be
acquired pursuant to the Carlyle SPA and the Solar Honor SPA, and certain Shares currently charged to the lender of existing indebtedness
of Morgancreek upon partial repayment of such indebtedness with a portion of the proceeds from the Blue Ocean Notes, which such
charges will be subordinated to charges to be granted to potential bank lender(s) in the potential senior debt financing. The Blue
Ocean Notes have a term of four years, extendable at the option of Blue Ocean SPV to five years or six years, and bear interest
rate at 6% per annum, which will be increased to 12% per annum for certain events. In addition, Blue Ocean SPV has an optional
redemption right to redeem the Blue Ocean Notes at any time for certain events of default or other adverse developments, and both
Blue Ocean SPV and Morgancreek may redeem the Blue Ocean Notes if the Merger is not completed by September 30, 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Morgancreek,
the Chairman and Blue Ocean SPV expect to enter into certain restructuring agreement after the Merger is completed to restructure
the outstanding principal amount of Blue Ocean Notes into equity interests in Morgancreek.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_035"></A>Item 11. Interest in Securities of the
Subject Company</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Securities Ownership</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the date hereof, the Filing Persons were,
in the aggregate, owners of 45,787,948 Class A Ordinary Shares and 4,660,976 ADSs. The Shares of CCM owned by the Filing Persons
as of the date hereof represent approximately 45.4% of the total outstanding Shares of CCM, or approximately 45.4% of the voting
power of all outstanding Shares of CCM.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, as of the date hereof, the Chairman
holds options to purchase 825,932 Class A Ordinary Shares from CCM upon the exercise of his employee share options that are exercisable
as of the date hereof or within 60 days from the date hereof, and Zheng Cheng holds options to purchase 825,932 Class A Ordinary
Shares from CCM upon the exercise of his employee share options that are exercisable as of the date hereof or within 60 days from
the date hereof. All of CCM&rsquo;s outstanding employee share options, whether or not vested as of the date hereof, including
those held by the Chairman and Zheng Cheng, have exercise prices per Share ranging from $2.04 to $3.67, which are higher than the
per Share merger consideration. Therefore, the Morgancreek Parties expect to propose to the board of directors of CCM to cancel
all the outstanding employee share options, whether or not vested, at the effective time of the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table sets forth information
with respect to the beneficial ownership of the Shares, as of the date hereof, by each of the Filing Persons.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; border-bottom: Black 1pt solid">Name</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Shares<BR> Beneficially<BR> Owned</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Percentage&nbsp;of<BR> Total*</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Sole&nbsp;Voting<BR> Power</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Shared<BR> Voting<BR> Power</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Sole<BR> Dispositive<BR> Power</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Shared<BR> Dispositive<BR> Power</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 22%"><FONT STYLE="font-size: 10pt">Mr. Yang<SUP>(1)</SUP></FONT></TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">60,596,808</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">45.7</TD><TD STYLE="width: 1%; text-align: left">%</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">825,932</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">59,770,876</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">825,932</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">59,770,876</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">Hui Fu<SUP>(2)</SUP></FONT></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.4</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Ms. Zhang <SUP>(3)</SUP></FONT></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.4</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">Oakville<SUP>(4)</SUP></FONT></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.4</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font-size: 10pt">Cherrylane<SUP>(5)</SUP></FONT></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.4</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">Mr. Cheng<SUP>(6)</SUP></FONT></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">60,596,808</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.7</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">825,932</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">825,932</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font-size: 10pt">Jian Qian<SUP>(7)</SUP></FONT></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.4</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">Bluestone<SUP>(8)</SUP></FONT></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.4</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font-size: 10pt">Morgancreek<SUP>(9)</SUP></FONT></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45.4</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">59,770,876</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 46; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">* Percentages are calculated based on 131,718,946 Shares outstanding,
and with respect to each person, including the Shares that such person has the right to acquire within 60 days.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="width: 96%"><FONT STYLE="font-size: 10pt">Includes (i) 45,787,948 Class A Ordinary Shares and 4,660,976 ADSs, each representing three Class A Ordinary Shares, held by Morgancreek, and (ii) 825,932 Class A Ordinary Shares issuable upon exercise of options held by Mr. Yang that are exercisable currently or within 60&nbsp;days of the date hereof. Mr. Yang and his spouse, Ms. Bi Zhang, indirectly hold 18% and 42% of the shares of Morgancreek, respectively, and by virtue of such relationship, Mr. Yang may be deemed the beneficial owner of the total of 60% of the shares of Morgancreek.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"><SUP>&nbsp;</SUP></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="width: 96%"><FONT STYLE="font-size: 10pt">Includes 45,787,948 Class A Ordinary Shares and 4,660,976 ADSs, each representing three Class A Ordinary Shares, held by Morgancreek. Hui Fu and Oakville hold 30% and 70% of the shares of Cherrylane, respectively, which holds 60% of the shares of Morgancreek.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"><SUP>&nbsp;</SUP></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt"><SUP>(3)</SUP></FONT></TD>
    <TD STYLE="width: 96%"><FONT STYLE="font-size: 10pt">Includes 45,787,948 Class A Ordinary Shares and 4,660,976 ADSs, each representing three Class A Ordinary Shares, held by Morgancreek. Ms. Zhang and Mr. Yang indirectly hold 42% and 18% of the shares of Morgancreek, respectively. By virtue of such relationship, Ms. Zhang may be deemed the beneficial owner of the total of 60% of the shares of Morgancreek.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;&nbsp;<SUP>&nbsp;</SUP></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt"><SUP>(4)</SUP></FONT></TD>
    <TD STYLE="width: 96%"><FONT STYLE="font-size: 10pt">Includes 45,787,948 Class A Ordinary Shares and 4,660,976 ADSs, each representing three Class A Ordinary Shares, held by Morgancreek. Oakville and Hui Fu hold 70% and 30% of the shares of Cherrylane, respectively, which holds 60% of the shares of Morgancreek.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"><SUP>&nbsp;</SUP></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt"><SUP>(5)</SUP></FONT></TD>
    <TD STYLE="width: 96%"><FONT STYLE="font-size: 10pt">Represents 45,787,948 Class A Ordinary Shares and 4,660,976 ADSs, each representing three Class A Ordinary Shares, held by Morgancreek. Cherrylane holds 60% of the shares of Morgancreek.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"><SUP>&nbsp;</SUP></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt"><SUP>(6)</SUP></FONT></TD>
    <TD STYLE="width: 96%"><FONT STYLE="font-size: 10pt">Includes (i) 45,787,948 Class A Ordinary Shares and 4,660,976 ADSs, each representing three Class A Ordinary Shares, held by Morgancreek, and (ii)&nbsp;825,932 Class A Ordinary Shares issuable upon exercise of options held by Mr. Cheng that are exercisable currently or within 60 days of the date hereof. Mr. Cheng indirectly owns 40% of the shares of Morgancreek.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"><SUP>&nbsp;</SUP></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt"><SUP>(7)</SUP></FONT></TD>
    <TD STYLE="width: 96%"><FONT STYLE="font-size: 10pt">Includes 45,787,948 Class A Ordinary Shares and 4,660,976 ADSs, each representing three Class A Ordinary Shares, held by Morgancreek. Jian Qian indirectly holds 40% of the shares of Morgancreek.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"><SUP>&nbsp;</SUP></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt"><SUP>(8)</SUP></FONT></TD>
    <TD STYLE="width: 96%"><FONT STYLE="font-size: 10pt">Represents 45,787,948 Class A Ordinary Shares and 4,660,976 ADSs, each representing three Class A Ordinary Shares, held by Morgancreek. Bluestone holds 40% of the shares of Morgancreek.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"><SUP>&nbsp;</SUP></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt"><SUP>(9)</SUP></FONT></TD>
    <TD STYLE="width: 96%"><FONT STYLE="font-size: 10pt">Represents 45,787,948 Class A Ordinary Shares and 4,660,976 ADSs, each representing three Class A Ordinary Shares.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Assuming the (i) implementation of the Authorized
Repurchase and Issue, (ii) the closing under the Carlyle SPA and (iii) the closing under the Solar Honor SPA, and without taking
into account all the outstanding options granted by CCM, all of which have exercise prices ranging from $2.04 to $3.67 per Share,
exceeding the per Share merger consideration, and therefore the Morgancreek Parties expect to propose the board of directors of
CCM to cancel them at the effective time of the Merger, the Filing Persons would beneficially own 66.1% of the total outstanding
Shares of CCM, representing approximately 91.8% of the voting power of all outstanding Shares of CCM.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 47; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Securities Transactions</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There has been no transaction in the Shares
or ADSs by any of the Filing Persons or their executive officers or directors within the 60 days prior to the date of this Schedule
13E-3, other than the transactions described in this Schedule 13E-3.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_036"></A>Item 12. The Solicitation or Recommendation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Not Applicable.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_037"></A>Item 13. Financial Statements</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Financial Information</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The audited consolidated financial statements
of the Company for the year ended December 31, 2014 and the year ended December 31, 2015 are incorporated herein by reference to
the Consolidated Financial Statements included in the Company&rsquo;s annual report on Form 20-F for its fiscal years ended December
31, 2015 (the &ldquo;Form 20-F&rdquo;). The unaudited consolidated financial statements of the Company for the first half of 2016
are also incorporated herein by reference to the unaudited consolidated financial statements included in the Company&rsquo;s interim
report on Form 6-K furnished to the SEC on August 25, 2016 (the &ldquo;Form 6-K&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following sets forth certain selected historical
consolidated financial information of the Company. The financial data as of and for the years ended December 31, 2014 and 2015
has been derived from the audited consolidated financial statements of the Company filed as part of the Form 20-F. The financial
data as of and for the six months ended June 30, 2016 has been derived from the unaudited consolidated financial statements of
the Company furnished on Form 6-K. The information set forth below is not necessarily indicative of future results and should be
read in conjunction with the financial statements and the related notes and other financial information contained in the Form 20-F
and Form 6-K.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>Selected Consolidated Balance Sheet Data </I><FONT STYLE="font-size: 10pt">(<I>in thousands
                                                                                                          of U.S. Dollars</I>)</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0in"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: justify">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" NOWRAP STYLE="font-weight: bold; text-align: justify; border-bottom: Black 1pt solid">As of December 31,</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="text-align: left; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><B>As of June 30,</B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><B>(unaudited)</B></P></TD><TD NOWRAP STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: justify">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">2015</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">2014</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">2016</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 61%; text-align: justify; text-indent: -10pt; padding-left: 10pt">Total current assets</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">232,342</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">235,903</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">211,721</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify">Total assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">555,964</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,959</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">513,596</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify">Total current liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">233,257</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">124,072</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">216,756</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify">Total liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">334,625</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">186,840</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">303,837</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify">Total shareholders&rsquo; equity</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">221,339</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">290,119</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">209,759</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Total liabilities and shareholders&rsquo; equity</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">555,964</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,959</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">513,596</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>Selected Consolidated Statements of Operations Data </I><FONT STYLE="font-size: 10pt">(<I>in
 thousands
                                                                                                          of U.S. Dollars, except for earnings (loss) per ADS</I>)</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"><I>&nbsp;</I></P>


<!-- Field: Page; Sequence: 48; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><I></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"><I>&nbsp;</I></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: justify">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" NOWRAP STYLE="font-weight: bold; text-align: justify; border-bottom: Black 1pt solid">For the year ended December 31,</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: left; border-bottom: Black 1pt solid">Six Months<BR> Ended June 30,<BR> (unaudited)</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: justify">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">2015</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">2014</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: justify">2016</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 61%; text-align: justify">Revenue</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">95,169</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">97,813</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">38,315</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify">Gross profit</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">40,623</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">53,562</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">15,281</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify">Net income (loss)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(12,238</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">19,385</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(7,723</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify">Net income (loss) attributable to the Company stockholders</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(12,087</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">20,100</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(7,576</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify">Earnings (loss) per ADS&mdash;basic</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(0.27</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.45</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(0.17</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify">Earnings (loss) per ADS&mdash;diluted</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(0.27</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.45</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(0.17</TD><TD STYLE="text-align: left">)</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"><I>&nbsp;</I></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>Ratio of Earnings to Fixed Charges</I></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"><I>&nbsp;</I></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD NOWRAP STYLE="text-align: justify; padding-bottom: 1pt; background-color: White">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt; background-color: White">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left; background-color: White">&nbsp;</TD><TD NOWRAP COLSPAN="5" STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left; background-color: White"><FONT STYLE="font-size: 10pt"><B>For the year ended December 31,</B></FONT></TD><TD NOWRAP STYLE="padding-bottom: 1pt; text-align: left; background-color: White">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt; background-color: White">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left; background-color: White">&nbsp;</TD><TD NOWRAP STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left; background-color: White"><FONT STYLE="font-size: 10pt"><B>Six Months</B></FONT><BR> <FONT STYLE="font-size: 10pt"><B>Ended June 30,</B></FONT><BR> <FONT STYLE="font-size: 10pt"><B>(unaudited)</B></FONT></TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; background-color: White">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD NOWRAP STYLE="text-align: justify; background-color: White">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; background-color: White">&nbsp;</TD>
    <TD NOWRAP STYLE="font-weight: bold; text-align: left; background-color: White">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; text-align: left; background-color: White">2015</TD><TD NOWRAP STYLE="font-weight: bold; text-align: left; background-color: White">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; background-color: White">&nbsp;</TD>
    <TD NOWRAP STYLE="font-weight: bold; text-align: left; background-color: White">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; text-align: left; background-color: White">2014<SUP>(2)</SUP></TD><TD NOWRAP STYLE="font-weight: bold; text-align: left; background-color: White">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; background-color: White">&nbsp;</TD>
    <TD NOWRAP STYLE="font-weight: bold; text-align: left; background-color: White">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; text-align: left; background-color: White">2016</TD><TD NOWRAP STYLE="font-weight: bold; text-align: left; background-color: White">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 61%; text-align: justify; text-indent: -10pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ratio of Earnings to Fixed Charges <SUP>(1)</SUP></FONT></TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">1.97</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">(2.97</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">5.45</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">(1) &ldquo;Earnings&rdquo;
is the amount resulting from adding and subtracting the following items. Add the following: (a) pre-tax income from continuing
operations before adjustment for income or loss from equity investees; (b) fixed charges; (c) amortization of capitalized interest;
(d) distributed income of equity investees; and (e) the share of pre-tax losses of equity investees for which charges arising
from guarantees are included in fixed charges. From the total of the added items, subtract the following: (a) interest capitalized;
(b) preference security dividend requirements of consolidated subsidiaries; and (c) the noncontrolling interest in pre-tax income
of subsidiaries that have not incurred fixed charges, to the extent applicable. &ldquo;Fixed charges&rdquo; means the sum of the
following: (a) interest expensed and capitalized, (b) amortized premiums, discounts and capitalized expenses related to indebtedness,
(c) an estimate of the interest within rental expense, and (d) preference security dividend requirements of consolidated subsidiaries,
to the extent applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">(2) Earnings for
the year ended December 31, 2014 were inadequate to cover fixed charges by approximately $212.5 million.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><I>Net Book Value per Share of the Shares</I></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The net book value per Share as of December
31, 2015 was $1.65 based on the number of issued and outstanding Shares for the year ended December 31, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Form 20-F and Form 6-K, and the Company&rsquo;s
other SEC filings, are available for inspection and copying at the SEC&rsquo;s public reference room located at 100 F Street, N.E.,
Room 1580, Washington, D.C. 20549. The Form 20-F and Form 6-K are also available to the public from the SEC&rsquo;s website at
http://www.sec.gov.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pro Forma Information</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Not Applicable.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_038"></A>Item 14. Personal/Assets, Retained, Employed,
Compensated or Used</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Solicitations or Recommendations</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There are no persons or classes of persons
who are directly or indirectly employed, retained, or to be compensated to make solicitations or recommendations in connection
with the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Employees and Corporate Assets</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Other than
as disclosed in this Schedule&nbsp;13E-3, no officers, class of employees, or corporate assets of CCM has been or will be employed
by or used by the Morgancreek Parties in connection with the Merger. In preparing the Schedule&nbsp;13E-3, the Filling Persons
relied upon estimates and forward-looking information in CCM&rsquo;s public filings related to the business of CCM.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 49; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_039"></A>Item 15. Additional Information</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">None.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="a_040"></A>Item 16. Exhibits</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(a)(1) None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(b)(1) Blue Ocean Note Subscription Agreement
date February 9, 2017, by and between Jianyu Yang, Morgancreek Investment Holdings Limited, Blue Ocean Structure Investment
II Company Limited and Blue Ocean Project Fund II, LP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(c) None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(d)(1) Share Purchase Agreement, dated as of
July 11, 2016, by and among Morgancreek Investment Holdings Limited, Carlyle Asia Growth Partners III, L.P. and CAGP III Co-Investment,
L.P.*,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(d)(2) Share Purchase Agreement, dated as of
July 11, 2016, by and between Morgancreek Investment Holdings Limited and Solar Honor Limited**</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(e) Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(f) Cayman Companies Law Cap. 22 (Law 3 of
1961, as consolidated and revised) &ndash; Section 238</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(g) None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">*Previously filed as exhibit 99.2 to Amendment
2 of Schedule 13D filed by the Morgancreek Parties on July 11, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">**Previously filed as exhibit 99.3 to Amendment
2 of Schedule 13D filed by the Morgancreek Parties on July 11, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 50; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->46<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center"><A NAME="a_041"></A>SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">After due inquiry and to the best of its knowledge
and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Date: February 9, 2017</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>JIANYU YANG</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 4%; text-align: justify"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="width: 46%; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">/s/ Jianyu Yang</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>SHANGHAI HUI FU SCIENCE AND TECHNOLOGY DEVELOPMENT CO., LTD.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">/s/ Jianyu Yang</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Name: Jianyu Yang</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title: Director</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>BI ZHANG</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">/s/ Bi Zhang</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>OAKVILLE HOLDINGS GROUP LIMITED</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">/s/ Bi Zhang</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Name: Bi Zhang</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title: Director</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>CHERRYLANE INVESTMENTS LIMITED</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">/s/ Jianyu Yang</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Name: Jianyu Yang</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title: Director<B> </B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>ZHENG CHENG</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">/s/ Zheng Cheng</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 51; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->47<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>SHANGHAI JIAN QIAN SCIENCE AND TECHNOLOGY DEVELOPMENT CO., LTD.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 4%; text-align: justify"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="width: 46%; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">/s/ Zheng Cheng</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Name: Zheng Cheng</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title: Director</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>BLUESTONE HOLDINGS LIMITED</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">/s/ Zheng Cheng</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Name: Zheng Cheng</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title: Director</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>MORGANCREEK INVESTMENT HOLDINGS LIMITED</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">/s/ Jianyu Yang</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Name: Jianyu Yang</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Title: Director&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 52; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->48<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">SCHEDULE I</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Directors and Executive Officers of Each
Filing Person</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The name, title, present principal occupation
or employment, business address, citizenship and five-year employment history of the directors and executive officers of the relevant
company, together with the names, principal businesses and addresses of any corporations or other organizations in which such principal
occupation is conducted, are set forth below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify; text-indent: -0.25in"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 52.65pt"></TD><TD STYLE="width: 18pt"><B>1.</B></TD><TD STYLE="text-align: justify"><B>Shanghai Hui Fu Science and Technology Development Co., Ltd. (&ldquo;Hui Fu&rdquo;)</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">Hui Fu is a limited liability
company organized under the laws of the People&rsquo;s Republic of China wholly owned by Jianyu Yang. Jianyu Yang is the sole
director and manager of Hui Fu. See Item 3 &ldquo;Identity and Background of Filing Persons&rdquo; on page 30 of this
Schedule&nbsp;13E-3 for the relevant information of Jianyu Yang.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify; text-indent: -0.25in"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 52.65pt"></TD><TD STYLE="width: 18pt"><B>2.</B></TD><TD STYLE="text-align: justify"><B>Oakville Holdings Group Limited (&ldquo;Oakville&rdquo;)</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">Oakville is a limited
liability company organized under the laws of the British Virgin Islands wholly owned by Bi Zhang. Bi Zhang is the sole
director of Oakville. See Item 3 &ldquo;Identity and Background of Filing Persons&rdquo; on page 30 of this
Schedule&nbsp;13E-3 for the relevant information of Bi Zhang. Oakville does not have any executive officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify; text-indent: -0.25in"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 52.65pt"></TD><TD STYLE="width: 18pt"><B>3.</B></TD><TD STYLE="text-align: justify"><B>Cherrylane Investments Limited (&ldquo;Cherrylane&rdquo;)</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">Cherrylane is a limited
liability company organized under the laws of the British Virgin Islands, and is 30% owned by Hui Fu and 70% owned by
Oakville. Jianyu Yang is the sole director of Cherrylane. See Item 3 &ldquo;Identity and Background of Filing Persons&rdquo;
on page 30 of this Schedule&nbsp;13E-3 for the relevant information of Jianyu Yang. Cherrylane does not have any executive
officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 52.65pt"></TD><TD STYLE="width: 18pt"><B>4.</B></TD><TD STYLE="text-align: justify"><B>Shanghai Jian Qian Science and Technology Development Co., Ltd. (&ldquo;Jian Qian&rdquo;)</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">Jian Qian is a limited
liability company organized under the laws of the People&rsquo;s Republic of China wholly owned by Zheng Cheng. Zheng Cheng
is the sole director and manager of Jian Qian. See Item 3 &ldquo;Identity and Background of Filing Persons&rdquo; on page 30
of this Schedule&nbsp;13E-3 for the relevant information of Zheng Cheng.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 52.65pt"></TD><TD STYLE="width: 18pt"><B>5.</B></TD><TD STYLE="text-align: justify"><B>Bluestone Holdings Limited (&ldquo;Bluestone&rdquo;)</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">Bluestone is a limited liability
company organized under the laws of the British Virgin Islands wholly owned by Jian Qian. Zheng Cheng is the sole director of Bluestone.
See Item 3 &ldquo;Identity and Background of Filing Persons&rdquo; on page 30 of this Schedule&nbsp;13E-3 for the relevant
information of Zheng Cheng. Bluestone does not have any executive officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 53; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->49<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font-family: Arial, Helvetica, Sans-Serif"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 52.65pt"></TD><TD STYLE="width: 18pt"><B>6.</B></TD><TD STYLE="text-align: justify"><B>Morgancreek Investment Holdings Limited</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">Morgancreek is a limited
liability company organized under the laws of the British Virgin Islands. Cherrylane and Bluestone hold 60% and 40% of the
shares of Morgancreek, respectively. The directors of Morgancreek are Jianyu Yang and Zheng Cheng. See Item 3 &ldquo;Identity
and Background of Filing Persons&rdquo; on page 30 of this Schedule&nbsp;13E-3 for the relevant information of Jianyu Yang
and Zheng Cheng. Morgancreek does not have any executive officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 70.65pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 54; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->50<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.(B)(1)
<SEQUENCE>2
<FILENAME>v458733_ex99-b1.htm
<DESCRIPTION>EXHIBIT (B)(1)
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit (b)(1)&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B><U>Execution Version</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<table cellspacing="0" cellpadding="0" style="font-size: 10pt; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 100%; border-top: Black 1pt solid; text-align: center; font-size: 10pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif"><b>Note Subscription Agreement</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif"><b>among</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif"><b>Morgancreek Investment Holdings Limited</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif"><b>and</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif"><b>Mr. Jianyu Yang</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif"><b>and</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif"><b>Blue Ocean Structure Investment II Company Limited</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif"><b>and</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif"><b>Blue Ocean</b> <b>Project Fund II, LP</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif"><b>Dated February 9, 2017</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: Black 1pt solid; text-align: center; font-size: 10pt">&nbsp;</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B><U>Table
of Contents</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="width: 3%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><b>1.</b></font></td>
    <td style="width: 87%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Interpretations</b></font></td>
    <TD STYLE="width: 10%; text-align: right">2</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <TD STYLE="text-align: right">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><b>2.</b></font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The Notes</b></font></td>
    <TD STYLE="text-align: right">10</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <TD STYLE="text-align: right">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><b>3.</b></font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Representations and Warranties</b></font></td>
    <TD STYLE="text-align: right">12</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <TD STYLE="text-align: right">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><b>4.</b></font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Issuer Parties&rsquo; Obligation between Execution and Issuance Date</b></font></td>
    <TD STYLE="text-align: right">14</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <TD STYLE="text-align: right">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><b>5.</b></font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Conditions to Obligations of Investor</b></font></td>
    <TD STYLE="text-align: right">17</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <TD STYLE="text-align: right">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><b>6.</b></font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Indemnification</b></font></td>
    <TD STYLE="text-align: right">19</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <TD STYLE="text-align: right">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><b>7.</b></font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Registration of the Notes</b></font></td>
    <TD STYLE="text-align: right">20</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <TD STYLE="text-align: right">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><b>8.</b></font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Post-Closing Covenants</b></font></td>
    <TD STYLE="text-align: right">20</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <TD STYLE="text-align: right">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><b>9.</b></font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Confidentiality</b></font></td>
    <TD STYLE="text-align: right">22</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <TD STYLE="text-align: right">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><b>10.</b></font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Miscellaneous</b></font></td>
    <TD STYLE="text-align: right">23</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>SCHEDULES &amp; EXHIBITS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<tr style="vertical-align: top">
    <TD STYLE="width: 15%"><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Schedule 1</font></td>
    <TD STYLE="width: 85%"><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Part A: Particulars of Issuer</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Part B: Particulars of TARGET</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Part C: Control Persons OF ISSUER GROUP</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Part D: CORPORATE Structure OF TARGET</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Schedule 2</font></td>
    <TD><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Warranties</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Exhibit A</font></td>
    <TD><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Form of Promissory Note</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Exhibit B</font></td>
    <TD><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Form of FOUNDER&rsquo;s Letter</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">EXHIBIT C</font></td>
    <TD><font style="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Form of Target Securities Charge</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="text-transform: uppercase">This
Note Subscription Agreement</FONT> (the &ldquo;<B>Agreement</B>&rdquo;), dated as of February 9, 2017</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">BETWEEN</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(1)</TD><TD STYLE="text-align: justify"><B>Morgancreek Investment Holdings Limited</B>, a BVI business company incorporated with limited
liability under the laws of the British Virgin Islands with registration number 1796272 and having its registered office at P.O.
Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands (&ldquo;<B>Issuer</B>&rdquo;);</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(2)</TD><TD STYLE="text-align: justify"><B>Mr. Jianyu Yang</B>, a resident of the PRC with PRC passport number G34162060 (&ldquo;<B>Founder</B>&rdquo;),
collectively with Issuer, &ldquo;<B>Issuer Parties</B>&rdquo; and each, an &ldquo;<B>Issuer Party</B>&rdquo;);</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(3)</TD><TD STYLE="text-align: justify"><B>Blue Ocean Structure Investment II Company Limited</B>, a BVI business company with limited
liability under the laws of the British Virgin Islands having its registered office at P.O. Box 957, Offshore Incorporations Centre,
Road Town, Tortola, British Virgin Islands (&ldquo;<B>Investor</B>&rdquo;); and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(4)</TD><TD STYLE="text-align: justify"><B>Blue Ocean</B> <B>Project Fund II, LP</B>, a Cayman Islands exempted limited partnership (the
&ldquo;<B>Fund</B>&rdquo;) and managed by Blue Ocean Management Limited.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">WHEREAS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(A)</TD><TD STYLE="text-align: justify">As of the date hereof, (i) Founder is the chairman of the board of directors of Issuer, and the
chairman of the board of directors and chief executive officer of Concord Medical Services Holdings Limited (&ldquo;<B>Target</B>&rdquo;
or &ldquo;<B>CCM</B>&rdquo;), an exempted company incorporated with limited liability in the Cayman Islands with the principal
executive office at 18/F, Tower A, Global Trade Center, 36 North Third Ring Road East, Dongcheng District, Beijing 100013, PRC,
whose share are listed on the New York Stock Exchange (the &ldquo;<B>NYSE</B>&rdquo;); (ii) Issuer is the largest shareholder of
Target, directly holding approximately 45.4% of Target&rsquo;s issued and outstanding share capital;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(B)</TD><TD STYLE="text-align: justify">On July 11, 2016, Issuer, Founder and Blue Ocean Management Limited submitted a preliminary, non-binding
proposal to Target&rsquo;s board of directors to acquire all Equity Securities (as defined below) (including ADSs) of Target not
already owned by Issuer (the &ldquo;<B>Privatization</B>&rdquo;). At the completion of the Privatization, all of the issued and
outstanding share capital of Target will be directly owned by Issuer;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(C)</TD><TD STYLE="text-align: justify">In connection with the Privatization, Issuer will purchase all Equity Securities of Target in compliance
with all applicable laws and regulations, and cause Issuer or its wholly-owned subsidiary to be established (the &ldquo;<B>Merger
Sub</B>&rdquo;) to merge with and into Target by way of a short-form merger pursuant to &sect; 233(7) of the Companies Law of the
Cayman Islands (the &ldquo;<B>Merger</B>&rdquo;);</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(D)</TD><TD STYLE="text-align: justify">Issuer has on November 21, 2016 entered into an agreement for the provision of loan financing in
the principal amount of US$70,000,000 (the &ldquo;<B>Concurrent Financing</B>&rdquo;) by Haitong International Securities Company
Limited (&ldquo;<B>Haitong</B>&rdquo;) to Issuer for the repayment of the amount outstanding under the Facility Agreement dated
November 8, 2013, as amended on November 27, 2013 and as further amended on September 30, 2016 between Issuer and Gopher Investment
Fund SPC;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 3; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(E)</TD><TD STYLE="text-align: justify">Investor is a BVI business company whose issued and outstanding shares are wholly owned by the
Fund. Issuer is seeking to obtain financing from Investor in an amount of no less than US$57,000,000 in aggregate for carrying
out the Privatization (the &ldquo;<B>Financing</B>&rdquo;); and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(F)</TD><TD STYLE="text-align: justify">On the terms and subject to the conditions set forth herein, Investor is willing to provide the
Financing, and Issuer is willing to issue and sell to Investor one or more promissory notes as consideration thereof, with the
understanding that the repayment and other obligations of Issuer under the Notes will be secured by certain shares of Target owned
and to be owned by Issuer and personally guaranteed by Founder (the &ldquo;<B>Security Arrangement</B>&rdquo;).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">NOW THEREFORE, in consideration of the
foregoing, and the representations, warranties, and conditions set forth below, parties hereto, intending to be legally bound,
hereby agree as follows:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>1.</B></FONT></TD><TD STYLE="text-align: justify"><B>Interpretations</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.1</FONT></TD><TD STYLE="text-align: justify"><U>Certain Defined Terms</U>. As used in this Agreement, the following capitalized terms have the
following meanings:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>A/B Exchange</B>&rdquo;
means the repurchase of 45,787,948 Class A Ordinary Shares (as defined below) held by Issuer for their aggregate par value in consideration
for the issue of 45,787,948 Class B Ordinary Shares (as defined below) at their aggregate par value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>ADSs</B>&rdquo; means
American depositary shares in CCM, each such ADS representing three (3) CCM shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Affiliate</B>&rdquo;
means, with respect to any specified person, any other person who, directly or indirectly, Controls, is Controlled by, or is under
common Control with such person, including, without limitation, any general partner, managing member, officer or director of such
person or any venture capital fund now or hereafter existing that is controlled by one or more general partners or managing members
of, or shares the same management company with, such person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Aggregate Share Purchase
Price</B>&rdquo; means the total amount of Aggregate Purchase Price and Purchase Price as defined and payable by Issuer under the
CAGP Share Purchase Agreement, and the Solar Share Purchase Agreement, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Articles</B>&rdquo;
means, in respect of an entity, the Memorandum and Articles of Association of such person, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Bank Financing</B>&rdquo;
means a syndicated loan to be extended by the bank(s) to Issuer or Merger Sub as part of the financing for the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 4; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>business day</B>&rdquo;
is a day on which commercial banks and foreign exchange markets settle payments in Hong Kong but does not include a Saturday, Sunday
or a public holiday in Hong Kong or a day on which a tropical cyclone warning signal number 8 or above or a &ldquo;black&rdquo;
rainstorm warning signal is hoisted in Hong Kong at any time between 9:00am and 5:00pm.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>CAGP III Co-Investment
Shares</B>&rdquo; means 501,850 Class A Ordinary Shares which, as of the date hereof, are held by CAGP III Co-Investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>CAGP III Shares</B>&rdquo;
means 12,584,500 Class A Ordinary Shares which, as of the date hereof, are held by CAGP III.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>CAGP Share Purchase
Agreement</B>&rdquo; means the Share Purchase Agreement entered into as of July 11, 2016, by and among Issuer, Carlyle Asia Growth
Partners III, L.P., an exempted limited partnership organized under the laws of the Cayman Islands acting by its general partner
CAGP General Partner, L.P., itself acting by its general partner CAGP Limited (&ldquo;<B>CAGP III</B>&rdquo;) and CAGP III Co-Investment,
L.P., an exempted limited partnership organized under the laws of the Cayman Islands acting by its general partner CAGP General
Partner, L.P., itself acting by its general partner CAGP Limited (the &ldquo;<B>CAGP III Co-Investment</B>&rdquo;), as amended,
restated and supplemented from time to time,.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>CAGP Transaction</B>&rdquo;
means the sale and transfer of the CAGP III Shares from CAGP III, and the CAGP III Co-Investment Shares from CAGP III Co-Investment,
to Issuer or its Affiliates pursuant to the CAGP Share Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Claim</B>&rdquo; means
any claim for which indemnification pursuant to Section 6 hereof is sought.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Class A Ordinary Shares</B>&rdquo;
means the class A ordinary shares of Target, each entitling the holder thereof to one vote.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Class B Ordinary Shares</B>&rdquo;
means the class B ordinary shares of Target, each entitling the holder thereof to ten votes and will be automatically reduced from
one vote if the beneficial ownership of the Class B Ordinary Shares is transferred or disposed of to a person other than the Founder
or his Affiliates pursuant to the Articles of the Target.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Control</B>&rdquo;
(including the terms <I>Controlling</I>, <I>Controlled by</I> and <I>under common Control with</I>) of a person means (a) ownership
of more than fifty percent (50%) of the shares in issue or other equity interests or registered capital of such person or (b) the
power to direct the management or policies of such person, whether through ownership or voting proxy of the voting power of such
person, through the power to appoint a majority of the members of the board of directors or similar governing body of such person,
through contractual arrangements or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Disclosure Letter</B>&rdquo;
means the letter from Issuer Parties to Investor of the date of the First Closing (and as of the date of the Final Closing, if
occurred) entitled &ldquo;Disclosure Letter&rdquo;, which may be updated by Investor prior to the relevant Closing pursuant to
Section 3.1 of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 5; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Equity Securities</B>&rdquo;
means, with respect to any person, such person&rsquo;s shares, capital stock, membership interests, partnership interests, registered
capital, joint venture or other ownership interests or any options, warrants or other securities that are directly or indirectly
convertible into, or exercisable or exchangeable for, such shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Escrow Account</B>&rdquo;
means an escrow account which shall be opened with a bank or a licensed financial intermediary in Hong Kong on such terms as agreed
by Issuer and Investor with such bank or licensed financial intermediary (the &ldquo;<B>Escrow Agreement</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Existing Indebtedness</B>&rdquo;
means indebtedness arising under or in connection with: (a) Securitization; (b) Concurrent Financing; and (c) Liu Share Charge.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Existing Security</B>&rdquo;
means (a) the share charge over 8,240,760 Class A Ordinary Shares owned by the Company in favor of Liu Yichuan (the &ldquo;<B>Liu
Share Charge</B>&rdquo;); and (b) the security to secure the Concurrent Financing including, among others, share charge and share
mortgage (each, a &ldquo;<B>Haitong Share Charge</B>&rdquo;) over certain Equity Securities of CCM owned by Issuer and Solar, representing
approximately 50.80% of Target&rsquo;s issued and outstanding share capital (&ldquo;<B>Haitong Shares</B>&rdquo;) as of the date
hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Governmental Authority</B>&rdquo;
means any government or political subdivision thereof; any department, agency or instrumentality of any government or political
subdivision thereof; any court or arbitral tribunal; and the governing body of any securities exchange, in each case having competent
jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Hong Kong</B>&rdquo;
means the Hong Kong Special Administrative Region of the People&rsquo;s Republic of China.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Issuance Date</B>&rdquo;
means each of the date on which the relevant Note is issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Issuer Group</B>&rdquo;
means Issuer, Target and Target&rsquo;s direct and indirect Subsidiaries (each, a &ldquo;<B>Group Member</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 6; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Material Adverse Effect</B>&rdquo;
means any event, circumstance, change or effect that, individually or in the aggregate, has had, or is reasonably expected to have,
a material adverse effect on the business, assets (including intangible assets), liabilities, financial condition, property, or
results of the operations of the Issuer Group (as defined below) taken as a whole, provided, that in no event shall any of the
following, either alone or in combination, constitute, or be taken into account in determining whether there has been or would
reasonably be expected to be, a Material Adverse Effect: (A) changes affecting the economy or financial, credit or securities markets
generally in the PRC or the United States; (B) changes in the generally accepted accounting principles in the United States or
any other relevant jurisdiction or any interpretation thereof after the date hereof; (C) changes in applicable laws (or any interpretation
thereof) or directives or policies of a Governmental Authority of general applicability that are binding on any of the Group Members;
(D) effects resulting from the consummation of the transactions contemplated by the Transaction Documents, including the initiation
of litigation or other legal proceeding related to the Transaction Documents or the transactions contemplated by the Transaction
Documents; (E) natural disasters, declarations of war, acts of sabotage or terrorism or armed hostilities, or similar events; (F)
changes in the market price or trading volume of Target ordinary shares (it being understood that the facts or occurrences giving
rise to or contributing to such changes in this clause (F) may be taken into account in determining whether a Material Adverse
Effect has occurred or is reasonably expected to occur); (G) any breach of this Agreement by the Fund and/or Investor; (H) effects
affecting the industry in which the Target and the other Group Members operate (other than those that have a materially disproportionate
impact on the Group Members compared to other companies that operate in the industry in which the Group Members operate); (I) changes
in general business, economic or political conditions; or (J) the failure by any of the Group Members to meet any internal or industry
estimates, expectations, forecasts, projections or budgets for any period (it being understood that the underlying cause of such
failure may be taken into account in determining whether a Material Adverse Effect has occurred or is reasonably expected to occur),
<U>provided</U>, that facts, events, circumstances, developments, conditions, changes, occurrences or effects set forth in clauses
(A), (B), (C), (E), (I) and (J) above may be taken into account in determining whether a Material Adverse Effect has occurred or
would reasonably be expected to occur if and to the extent such facts, events, circumstances, developments, conditions, changes,
occurrences or effects individually or in the aggregate have a materially disproportionate impact on the Issuer Group, taken as
a whole, relative to the other participants in the industries in which the Target and the other Group Members conduct their business
(in which case the incremental materially disproportionate impact or impacts may be taken into account in determining whether or
not a Material Adverse Effect has occurred or would be reasonably expected to occur irrespective of whether such facts, events,
circumstances, developments, conditions, changes occurrences or effects set forth in clauses (A), (B), (C), (E), (I) or (J) would
have been qualified).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Obligors</B>&rdquo;
means Founder and Issuer, and, to the extent that Target provides undertakings to Investor following the completion of the Privatization,
Target.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Permitted Indebtedness</B>&rdquo;
means indebtedness: (a) arising under any Transaction Documents; (b) incurred with the prior consent of Investor; (c) Bank Financing;
(d) Securitization (to the extent not covered by Existing Indebtedness); and (e) incurred by any Group members for (immediately
upon such incurrence) application towards refinancing any of the above and Existing Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Permitted Security</B>&rdquo;
means any security to secure Existing Indebtedness and Permitted Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>PRC</B>&rdquo; means
the People&rsquo;s Republic of China, and solely for the purposes of the Transaction Documents, excluding Hong Kong, the Macau
Special Administrative Region and Taiwan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 7; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Register of Noteholders</B>&rdquo;
means a register maintained by Issuer which provides a full and complete record of the name, address and other details of Investor,
particulars of the Notes held by it and particulars of any transfers of the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Related Party</B>&rdquo;
means (a) any Affiliate of any Group Member and (b) any director or officer of any Group Member of any Affiliate thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Restructuring</B>&rdquo;
means the acquisition of the ownership interest in Target through the acquisition of Issuer&rsquo;s shares as contemplated under
the<B> </B>Restructuring Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Restructuring Agreement</B>&rdquo;
means the agreement to acquire the ownership interest in Target when the Privatization is completed through the acquisition of
Issuer&rsquo;s shares, in substantially the form attached as Annex to the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>SEC</B>&rdquo; means
the U.S. Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Securities Act</B>&rdquo;
means the United States Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Security Interest</B>&rdquo;
means (a) a mortgage, charge, pledge, lien or other security interest securing any obligation of any person; or (b) any other type
of preferential arrangement (including any title transfer and retention arrangement) having a similar effect, but does not include
any lien or other security interest arising by operation of law or in the ordinary course of trading.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Share Purchase</B>&rdquo;
means the purchase of the CAGP III Shares, the CAGP III Co-Investment Shares and the Solar Shares by Issuer or its Affiliate under
the CAGP Share Purchase Agreement and the Solar Share Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Shareholders Agreement</B>&rdquo;
means that certain shareholders agreement to be entered into by and among Issuer, Investor, Founder and certain other parties pursuant
to the Restructuring Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Solar</B>&rdquo; means
Solar Honor Limited, a BVI business company with limited liability incorporated under the laws of the British Virgin Islands.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Solar Share Purchase
Agreement</B>&rdquo; means the Share Purchase Agreement entered into as of July 11, 2016, by and between Issuer and Solar, as amended,
restated and supplemented from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Solar Shares</B>&rdquo;
means 14,163,325 Class A Ordinary Shares and 405,326 ADSs which, as of the date hereof, are held by Solar.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Solar Transaction</B>&rdquo;
means the sale and transfer of the 14,163,325 Class A Ordinary Shares from Solar to Issuer or its Affiliates pursuant to the Solar
Share Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 8; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Subsidiary</B>&rdquo;
means, with respect to any person, any legal entity Controlled by the person or one of the person&rsquo;s Subsidiaries, in either
case acting alone or with one or more of the person&rsquo;s other Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Target Securities Charge</B>&rdquo;
means the deed of securities charge to be executed by Issuer and Investor, pursuant to which Issuer creates first ranking Security
Interest in certain Equity Securities of Target in favor of Investor, in substantially the form of <U>Exhibit C</U> attached hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Tax</B>&rdquo; means
all forms of taxation, estate, duties, deductions, withholdings, duties, imposts, levies, fees, charges, and rates imposed, levied,
collected, withheld or assessed by any local, municipal, regional, urban, governmental, state, national or other body in the PRC
or elsewhere having competent jurisdiction and any interest, additional taxation, penalty, surcharge or fine in connection therewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Transaction Documents</B>&rdquo;
mean this Agreement, the Notes, Target Securities Charge, Founder&rsquo;s Letter, the Escrow Agreement (if any), the Restructuring
Agreement and other ancillary documents executed in connection therewith, including the Shareholders Agreement when executed and
delivered pursuant to the terms and conditions of the Restructuring Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>US$</B>&rdquo; or &ldquo;<B>U.S.
Dollar</B>&rdquo; means United States Dollar, the lawful currency of the United States of America.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.2</FONT></TD><TD STYLE="text-align: justify"><U>Certain Defined Terms</U>. The following terms are defined in this Agreement as follows:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 85%; border-collapse: collapse; font-size: 10pt">
<tr style="vertical-align: top">
    <TD STYLE="width: 40%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Agreement</b>&rdquo;</font></td>
    <TD STYLE="width: 60%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Preamble</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Cash Consideration</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 2.1</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Closing(s)</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 2.2(c)</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Concurrent Financing</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Recitals</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>DD Expenses</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 10.12</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Disclosing Party</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 9.3</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Final Closing</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 2.2(c)</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Final Closing Long Stop Date</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 2.2(c)</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Financing</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Recitals</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>First Closing</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 2.2(a)</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>First Closing Long Stop Date</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 2.2(a)</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Founder</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Preamble</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Founder&rsquo;s Letter</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 5.5</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Fund</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Preamble</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Funding Obligation</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 3.4</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Haitong</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Recitals</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 9; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 85%; border-collapse: collapse; font-size: 10pt">
<tr style="vertical-align: top">
    <TD STYLE="width: 40%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Indemnitee</b>&rdquo;</font></td>
    <TD STYLE="width: 60%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 6.1</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Investor&rsquo;s Representatives</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 4.2</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Investor</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Preamble</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Issuer</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Preamble</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Issuer Party(ies)</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Preamble</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Losses</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 6.1</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Material Contract</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Clause 6 of Schedule 2</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Merger</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Recitals</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Merger Sub</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Recitals</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Note(s)</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 2.1</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>NYSE</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Recitals</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Privatization</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Recitals</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Proceeds</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 2.4</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Purchase Price</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 2.1</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Securitization</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 10.12</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Security Arrangement</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Recitals</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Target</b>&rdquo; or &ldquo;<b>CCM</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Recitals</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Upsize Option</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 2.1(c)</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&ldquo;<b>Warranties</b>&rdquo;</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Section 3.1</font></td></tr>
</table>
<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.3</FONT></TD><TD STYLE="text-align: justify"><U>Headings</U>. Titles and sections are for convenience only and neither limit nor amplify the
provisions of this Agreement, and all references herein to sections or paragraphs shall refer to the corresponding sections or
paragraphs of this Agreement unless specific reference is made to such sections or paragraphs of another document or instrument.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.4</FONT></TD><TD STYLE="text-align: justify"><U>Interpretation</U>. Unless the context requires otherwise or unless otherwise specified herein,
in this Agreement:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">All words used in the singular herein are deemed to have been used in the plural and in the masculine
includes the feminine and the neuter and vice versa;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">Any reference to any &ldquo;<B>party</B>&rdquo;, is a reference to that party or its successors
in title and permitted assigns;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">Any reference to any &ldquo;<B>agreement</B>&rdquo; or &ldquo;<B>instrument</B>&rdquo; is a reference
to that agreement or instrument as amended or novated;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">Any reference to a &ldquo;<B>person</B>&rdquo; is deemed to refer to an individual, a partnership,
a corporation (including a business trust), a joint stock company, a limited liability company, an unincorporated association,
a joint venture or other entity or a governmental authority; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 10; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(e)</FONT></TD><TD STYLE="text-align: justify">The word &ldquo;<B>including</B>&rdquo; or &ldquo;<B>includes</B>&rdquo; means &ldquo;<B>including
without limitation</B>&rdquo; or &ldquo;<B>includes without limitation</B>&rdquo;.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.5</FONT></TD><TD STYLE="text-align: justify"><U>Share Ownership Percentage</U>. The number of shares of common stock or other securities issued
by a person on a &ldquo;<B>fully diluted basis</B>&rdquo; means the number of shares outstanding (including restricted shares)
assuming the conversion or the exercise of all Equity Securities of the person, whether or not vested and regardless of whether
the conversion or exercise price of any Equity Security is above or below the then market price, to the extent the Equity Securities
are previously issued and not terminated, cancelled or held in treasury by the person, whether or not treated as outstanding by
the person.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.6</FONT></TD><TD STYLE="text-align: justify"><U>Statutory References</U>. Unless the context requires otherwise:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">Any reference to &quot;<B>laws</B>&quot; means all laws, statutes, rules, regulations, permits,
ordinances, orders, and other pronouncements having the effect of law of any nation, state, county, city or other political subdivision
or of any other governmental authority applicable to the parties, their assets or properties, this Note and the other Transaction
Documents or the consideration hereunder;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">Any reference to a &ldquo;<B>statute</B>&rdquo; means the statute in force as at the date of this
Agreement and any successor statute (together with all regulations promulgated thereunder and as amended, modified, codified or
re-enacted from time to time); and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">Any reference to a &ldquo;<B>regulation</B>&rdquo; includes any regulation, rule, official directive,
order, request, codes of practice or guideline (whether or not having the force of law) of any governmental, intergovernmental
or supranational body, agency, department or regulatory, self-regulatory or other authority or organization; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.7</FONT></TD><TD STYLE="text-align: justify"><U>Computation of Time Periods</U>. In the computation of periods of time from a specified date
to a later specified date, the word &ldquo;from&rdquo; means from and including and the words &ldquo;to&rdquo; and &ldquo;until&rdquo;
each means to but excluding.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.8</FONT></TD><TD STYLE="text-align: justify"><U>Date of Performance</U>. Time periods within or following which any action to be taken or payment
is to be made are to be calculated by excluding the day on which the period commences and including the day on which the period
ends. Whenever the last day of that period is not a business day, such action shall be taken or such payment shall be made on the
first business day following such day.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.9</FONT></TD><TD STYLE="text-align: justify"><U>Currency and Payment Obligations</U>. Unless otherwise specified, all references to amounts
of money in this Agreement refer to U.S. Dollars. Any payment under this Note shall be made by wire transfer, certified check or
other method that provides immediately available funds.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 11; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>2.</B></FONT></TD><TD STYLE="text-align: justify"><B>The Notes</B></TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">2.1</FONT></TD><TD STYLE="text-align: justify"><U>Agreement to issue Notes</U>. Issuer agrees to issue and sell to Investor, and, subject to all
of the terms and conditions hereof, Investor agrees to purchase (each a &ldquo;<B>Note</B>&rdquo; and together, the &ldquo;<B>Notes</B>&rdquo;)
promissory note(s) substantially in the form of <U>Exhibit A</U>:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">in the principal amount of Fifty Six Million Six Hundred Fifty Thousand United States Dollars (US$56,650,000)
at the First Closing (as defined below), and the interest thereon will accrue from the applicable Issuance Date; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">at Investor&rsquo;s sole discretion (the &ldquo;<B>Upsize Option</B>&rdquo;), in such amount as
agreed by Investor but not exceeding Forty Two Million United States Dollars (US$42,000,000), and the interest thereon will accrue
from the applicable Issuance Date,</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">in each case,
for a cash consideration equal to one hundred per cent (100%) of the principal amount thereon (each, &ldquo;<B>Cash Consideration</B>&rdquo;,
and the aggregate amount actually paid by Investor under this Agreement, the &ldquo;<B>Purchase Price</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">The Upsize
Option may be exercised by Investor at any time with not less than five (5) business days&rsquo; written notice specifying the
additional principal amount of the Note in respect of which the Upsize option is to be exercised.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">2.2</FONT></TD><TD STYLE="text-align: justify"><U>Closing</U>. Subject to Section 5, the sale and purchase of the Note referred to:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">at Section 2.1(a) (the &ldquo;<B>First</B> <B>Closing</B>&rdquo;) shall take place on or before
March 6, 2017 or such other date as may be agreed in advance by the parties hereto in writing (the &ldquo;<B>First Closing Long
Stop Date</B>&rdquo;);</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">at Section 2.1(b) (the &ldquo;<B>Final Closing</B>&rdquo;; each of the First Closing and the Final
Closing is a &ldquo;<B>Closing</B>&rdquo; and collectively, the &ldquo;<B>Closings</B>&rdquo;) shall take place on such date as
may be agreed in advance by the parties hereto in writing but in any event before the expiration of the term of the Concurrent
Financing (the &ldquo;<B>Final Closing Long Stop Date</B>&rdquo;),</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">via facsimile
or electronically transmitted signatures and other mutually acceptable means of communication and delivery (with originals to be
delivered via overnight delivery) or at such place to be mutually agreed to by Issuer and Investor, provided that Issuer shall
have provided a written notice to Investor specifying (i) the principal amount of the Note to be issued at the relevant Closing;
(ii) the amount payable by Issuer pursuant to Section 2.4(a) and (b) and to be deducted by Investor from the Cash Consideration;
(iii) the details of the Escrow Account; and (iv) evidence or documentation to substantiate the payee and the use of Proceeds in
accordance with Section 2.4, on a date no later than five (5) business days prior to each Closing unless otherwise waived by Investor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>


<!-- Field: Page; Sequence: 12; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #010000">2.3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Payment
                                         for and Delivery of the Notes</U>.</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">Investor shall remit the relevant Cash Consideration in U.S. Dollars by way of a wire transfer
of immediately available funds to the Escrow Account. Upon the receipt by the Escrow Account of the relevant Cash Consideration
(less any amount specified by Issuer in the written notice provided pursuant to Section 2.2) from Investor, Investor shall be deemed
to have fully discharged its obligations in respect of payment of the relevant Cash Consideration.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">At each relevant Closing, subject to written confirmation of receipt of the relevant Cash Consideration
(less any amount specified by Issuer in the written notice provided pursuant to Section 2.2) by the bank or licensed financial
intermediary of the Escrow Account, Issuer shall deliver to Investor the relevant Note.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">Each Note purchased by Investor shall be registered in Investor&rsquo;s name in Issuer&rsquo;s
Register of Noteholders and each Note issuable upon the exercise of the Upsize Option, if any, will be fungible with the Note issuable
in the First Closing and will be treated as a single instrument.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">2.4</FONT></TD><TD STYLE="text-align: justify"><U>Use of Proceeds</U>. The proceeds of the Financing as deposited and paid by Investor into the
Escrow Account pursuant to Section 2.3 (the &ldquo;<B>Proceeds</B>&rdquo;) are to be used only for the following purposes:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">for the payment of interest on the Notes;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">for the payment of fees and expenses incurred in connection with the Notes and the establishment,
maintenance and closing of the Escrow Account;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">for the repayment of the Existing Indebtedness; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">for the direct or indirect payment of the Aggregate Share Purchase Price;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">provided, that
(i) US$14,000,000 out of the Proceeds of the First Closing must be used to partially repay the Concurrent Financing and (ii) unless
the parties agreed otherwise, the Proceeds of the Final Closing shall be used solely for the repayment of the Concurrent Financing
and for the payment of fees and expenses incurred in connection with the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">Issuer Parties
shall cause the Proceeds to be used in strict compliance with this Section 2.4. Pursuant to the foregoing paragraph, US$14,000,000
out of the Proceeds from the First Closing shall be used to repay the Concurrent Financing, the number of Haitong Shares to be
released from the Haitong Share Charge shall be equal to the number of the Solar Shares. In the event that any Proceeds from the
Final Closing are to be used to repay any outstanding portion of the Concurrent Financing, Issuer Parties and Investor shall negotiate
with Haitong and agree to the release of certain number of the Haitong Shares from the Haitong Share Charge that are acceptable
to Investor, Haitong and Issuer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>


<!-- Field: Page; Sequence: 13; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000"><FONT STYLE="text-transform: uppercase"><B></B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>3.</B></FONT></TD><TD><B>Representations and Warranties</B></TD></TR></TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000"><FONT STYLE="text-transform: uppercase"><B></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.1</FONT></TD><TD STYLE="text-align: justify">At least 5 business days prior to the First Closing, Issuer Parties shall furnish to Investor the
Disclosure Letter (which contents shall be reasonably acceptable to Investor) relating to the Warranties set forth hereunder, upon
which it shall be deemed to have cured any breach of any representation or warranty made in this Section 3.1 as of the date of
this Agreement. Except (i) as fairly and specifically set forth otherwise in the Disclosure Letter, which may be updated prior
to the Final Closing by providing an updated Disclosure Letter at least 5 business days prior to the Final Closing to reflect changes
that have occurred between the date hereof and the Final Closing; provided that (x) for the purpose of the rights and obligations
of the parties hereunder, any such supplemental or amended disclosure shall not, except as Investor may otherwise agree in writing,
be deemed to have cured any breach of any representation or warranty made in this Section 3.1; and (y) to the extent that such
updated Disclosure Letter contains or references any event or condition which, individually or in the aggregate, has, or could
reasonably be expected to have a Material Adverse Effect, the condition set forth in <U>Section 5.2</U> shall not be satisfied,
and (ii) as publicly disclosed in the Target SEC Filings, Issuer Parties hereby, jointly and severally, represent and warrant to
Investor as follows (the &ldquo;<B>Warranties</B>&rdquo;) as at the date hereof and the applicable Issuance Date except as specified
otherwise:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">as of the date of this Agreement, the principal amount owed under the Concurrent Financing is US$70,000,000.
Except for Existing Security and Permitted Security, the shares of Target already owned or beneficially owned by Issuer are fully
paid up, non-assessable and not subject to further calls, and free from any and all charges, liens and other encumbrances whatsoever;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">as of the date of this Agreement and the date of the First Closing, the CAGP Share Purchase Agreement
and the Solar Share Purchase Agreement are valid, binding and enforceable against Issuer; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">the terms set out in <U>Schedule 2</U> are true, correct and complete in all material respects
(except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified
or modified by materiality in the text thereof).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.2</FONT></TD><TD STYLE="text-align: justify">Each of the Warranties shall be separate and independent and save as expressly provided shall not
be limited by reference to any other paragraph or anything in this Agreement. Unless expressly provided in this Agreement, each
of the Warranties shall be deemed to be repeated as at the applicable Closing by reference to the facts and circumstances subsisting
at that date as if all references therein to the date of this Agreement were references to the Issuance Date (except as otherwise
indicated).</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.3</FONT></TD><TD STYLE="text-align: justify">Investor hereby represents and warrants to Issuer Parties that:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify"><B>Authorization</B>. Investor is a duly incorporated and subsisting BVI business company. The
Fund is a duly registered and subsisting Cayman Islands exempted limited partnership. Investor and the Fund have all requisite
power and authority to execute and deliver the Transaction Documents to which they are a party and to carry out and perform its
obligations thereunder. All action on the part of Investor or Fund (and, as applicable, their officers, directors and shareholders)
necessary for the authorization, execution and delivery of the Transaction Documents (including its financial obligation to pay
the Purchase Price at the Closing) to which they are a party, and the performance of all obligations of Investor and the Fund thereunder,
has been taken or will be taken on or prior to the First Closing or the Final Closing. This Agreement has been duly executed and
delivered by Investor and the Fund. This Agreement and each of the Transaction Documents are, or when executed and delivered by
Investor and Fund shall be, valid and legally binding obligations of Investor and the Fund, enforceable against Investor and the
Fund in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and
other laws of general application affecting enforcement of creditors&rsquo; rights generally and (ii) as limited by Laws relating
to the availability of specific performance, injunctive relief, or other equitable remedies.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 14; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify"><B>No Conflicts; Consents</B>. Neither the execution, delivery or performance by Investor and Fund
of the Transaction Documents to which they are a party, nor the consummation of the transactions contemplated hereby, will: (i)
result in a material violation or material breach of, or material default under, any provision of the organizational documents
of Investor or the Fund, (ii) result in a violation of, or give any Governmental Authority the right to challenge any of the transactions
contemplated hereby under, any law or order applicable to the Investor or the Fund; or (iii) (A) result in a violation or breach
of, (B) constitute a default under, (C) result in the acceleration of or create in any party the right to accelerate, terminate
or cancel or (D) require the consent of any other person under, any material contract to which Investor or the Funds is a party
or is bound or to which any of the properties or assets of Investor or the Fund are subject. No consent, permit, declaration or
filing with, or notice to, any Governmental Authority is required by or with respect to the Investor or the Fund in connection
with the execution and delivery of the Transaction Documents or the consummation of the transactions contemplated hereby.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify"><B>Purchase for Own Account</B>. The Notes will be acquired for investment purposes for Investor&rsquo;s
own account or the account of one or more of Investor&rsquo;s Affiliates, not as a nominee or agent, and not with a view to the
resale or distribution of any part thereof, and Investor does not have any present intention of selling, granting any participation
in, or otherwise distributing the same.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify"><B>Status of Investor</B>. Investor is either (i) an &ldquo;accredited investor&rdquo; within the
meaning of Rule 501 of Regulation D of the Securities Act, as presently in effect, or (ii) not a &ldquo;U.S. person&rdquo; as defined
in Rule 902 of Regulation S of the Securities Act or acquiring the Notes for the account or benefit of a U.S. person and is acquiring
the Notes outside the United States in an &ldquo;offshore transaction&rdquo; pursuant to Rule 903 of Regulation S of the Securities
Act.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(e)</FONT></TD><TD STYLE="text-align: justify"><B>Restricted Securities</B>. Investor understands that the Notes have not been and will not be,
registered under the Securities Act, by reason of a specific exemption from the registration provisions of the Securities Act.
Investor understands that the Notes may not be sold, transferred or otherwise disposed of without registration under the Securities
Act and any applicable state securities laws, or an exemption therefrom, and that in the absence of an effective registration statement
covering such Notes or an available exemption from registration, such Notes may be required to be held indefinitely. Each Investor
is aware that the Notes may not be sold pursuant to Rule 144 promulgated under the Securities Act unless all of the conditions
of that Rule are met.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 15; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.4</FONT></TD><TD STYLE="text-align: justify">The Fund hereby unconditionally, absolutely and irrevocably guarantees, undertakes and promises
to cause Investor, subject to all of the terms and conditions hereof, to fully and promptly purchase the Notes under this Section
2.1 (the &ldquo;<B>Funding Obligation</B>&rdquo;), whether according to the present terms hereof, or pursuant to any change in
the terms, covenants and conditions hereof at any time hereafter made or granted, including pursuant to any amendments, waivers,
extensions or renewals affecting such agreements and the transactions contemplated hereby. In the event that Investor fails in
any manner whatsoever to perform its Funding Obligations, the Fund will duly and promptly pay, perform, discharge or observe, as
the case may be, such Funding Obligations, or cause the same to be duly and promptly paid, performed, discharged or observed, in
each case as if the Fund were itself a direct obligor with respect to such Funding Obligations. The obligations of the Fund hereunder
shall not be subject to any counterclaim, setoff (except as expressly provided herein), deduction or defense based upon any claim
any of Fund or Investor may have against Issuer Parties, and shall remain in full force and effect without regard to, and shall
not be released, discharged or in any way affected by, to the fullest extent permitted by law, any circumstance or condition whatsoever
(whether or not the Fund shall have any knowledge or notice thereof)</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>4.</B></FONT></TD><TD STYLE="text-align: justify"><B>Issuer Parties&rsquo; Obligation between Execution and Issuance Date</B></TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.1</FONT></TD><TD STYLE="text-align: justify"><U>Notices of Breaches by Issuer Parties</U>. From the date hereof until the First Closing, except
as disclosed in the Transaction Documents or otherwise as contemplated thereunder, Issuer Parties shall cause each Group Member
to conduct its business in a manner and shall otherwise use its commercial reasonable efforts so as to ensure that the Warranties
continue to be true, correct and complete in all material respects (except that such materiality qualifier shall not be applicable
to any Warranties that already are qualified or modified by materiality in the text thereof). Issuer Parties shall, and shall cause
the relevant Group Member to, as soon as practicable, give Investor written notice of any event, condition or circumstance occurring
prior to the Issuance Date that would constitute a breach of any Warranty if such Warranty were made as at any date from the date
hereof until the Issuance Date.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.2</FONT></TD><TD STYLE="text-align: justify"><U>Access to Due Diligence Materials</U>. From the date hereof until the Issuance Date, Issuer
Parties shall ensure that Investor and its appointed representatives and professional advisers (the &ldquo;<B>Investor&rsquo;s
Representatives</B>&rdquo;) have the right during normal business hours, following 2 business days&rsquo; written notice by Investor
to Issuer, to visit the business premises of any Group Member to carry out a review and due diligence investigation of the legal,
financial and business matters of any Group Member, including but not limited to the assets, liabilities, financial condition,
contracts, operations, books and records, commitments, business and prospects of such Group Member. In order to facilitate such
review, at any time prior to the Issuance Date, Issuer Parties shall procure each Group Member to provide to Investor and Investor&rsquo;s
Representatives with all documents and information which are reasonably necessary for Investor to assess the business operations,
financial position and/or other aspects of the Issuer Group. Investor shall be entitled to have full access to the management of
each Group Member during normal business hours for the purposes set out in this Section 4.2 by giving not less than 2 business
days&rsquo; prior written notice to Issuer; provided, however, that if the relevant management members and their deputies are to
be unavailable for any reason beyond Issuer Parties&rsquo; control, Issuer Parties&rsquo; will not be liable hereunder so long
as they can make the relevant management members who were requested to be interviewed by Investor, or their substitutes, available
for Investor&rsquo;s interview within two weeks&rsquo; time.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 16; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.3</FONT></TD><TD STYLE="text-align: justify"><U>Restrictions on Actions of Group Members</U>. From the date hereof until the First Closing,
other than as set forth in this Agreement or other Transaction Documents or as contemplated thereunder or in connection with the
Existing Indebtedness, Permitted Indebtedness, Share Purchase and A/B Exchange or the amendment agreement in relation to the Concurrent
Financing to give effect to the A/B Exchange, Share Purchase, Privatization or Restructuring, Issuer Parties shall not, without
the prior written consent of Investor, cause or permit any Group Member to:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">amend or modify any provisions of the Articles of Group Members other than as contemplated under
the Transaction Documents;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">carry on any business other than its existing business as carried on as of the date of this Agreement,
make any material change in the nature or scope of the business of any Group Member or the commencement of or expansion in any
business not being ancillary or incidental to the business of any Group Member;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">cause or permit any Group Member to (i) create any Subsidiary, invest in any securities of any
person or otherwise acquire any interest in any other person, (ii) enter into any joint venture or partnership, or (iii) make any
investment or incur any commitment in excess of US$1,000,000 in respect of any one transaction or in excess of US$1,500,000 in
related transactions other than in the ordinary course of business;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">increase, reduce or cancel the authorized or issued Equity Securities of any Group Member or issue,
allot, purchase or redeem any Equity Securities of any Group Member, undertake any recapitalization or similar transaction or do
any act which has the effect of diluting or reducing the current and prospective shareholding of Investor on a fully diluted basis
in any Group Member; or amend, modify or waive any provision of any document related to any authorized or issued Equity Securities
of any Group Member; issue, redeem, repurchase any securities (including equity and debt securities) of any Group Member, or cause
or permit any Group Member to undertake any recapitalization or similar transaction; or consolidate, sub-divide, convert, reclassify
or re-designate any of the share capital of any Group Member;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 17; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(e)</FONT></TD><TD STYLE="text-align: justify">approve transactions exceeding US$1,000,000 involving the interest of any Related Party, or waive
or make adjustments or modifications which has an effect of exceeding US$1,000,000 to the terms of any transactions involving the
interests of any Related Party, in each case other than the transactions which is consistent in the ordinary course of business;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(f)</FONT></TD><TD STYLE="text-align: justify">change the dividend policy, propose or approve any distribution of profits by way of interim or
final dividend, capitalization of reserve or otherwise by any Group Member;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(g)</FONT></TD><TD STYLE="text-align: justify">make any investment or any capital expenditure or incur any commitment in an aggregate amount exceeding
US$5,000,000 that is not consistent with its ordinary course of business;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(h)</FONT></TD><TD STYLE="text-align: justify">borrow any money or obtain any financial facilities in an aggregate amount exceeding US$5,000,000
in the aggregate, except for renewal or refinancing of any existing debts of the Issuer Group;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(i)</FONT></TD><TD STYLE="text-align: justify">create or allow to exist any Security Interest, other than Existing Security and Permitted Security
over the whole or any part of its undertaking, property or assets except for the purpose of securing its indebtedness to its bankers
for sums borrowed in the ordinary and proper course of business which do not exceed US$5,000,000 in the aggregate, except for renewal
or refinancing of any existing debts of the Issuer Group;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(j)</FONT></TD><TD STYLE="text-align: justify">enter into any reorganization, consolidation, merger, joint venture or partnership, or acquire,
sell, transfer or dispose any Equity Securities of any Group Member;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(k)</FONT></TD><TD STYLE="text-align: justify">acquire, sell, transfer, license, or otherwise dispose in any form of any asset including any trademarks,
patents or other intellectual property owned by any Group Member in a single transaction or a series of transactions exceeds US$1,500,000
except for any such actions entered into in the ordinary course of business;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(l)</FONT></TD><TD STYLE="text-align: justify">approve any execution or termination of any Material Contract (as defined in <B>Schedule 2</B>)
by any Group Member that is not in the ordinary course of business consistent with past practice of the Issuer Group;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(m)</FONT></TD><TD STYLE="text-align: justify">settle, compromise or concede any material litigation, legal proceedings, arbitration, mediation
or any other dispute resolution procedures;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(n)</FONT></TD><TD STYLE="text-align: justify">change the current auditors or change the accounting policies of any Group Member (including financial
year end);</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(o)</FONT></TD><TD STYLE="text-align: justify">unless otherwise contemplated under the Transaction Documents, appoint any additional directors
or establish a committee to the board of directors to which powers of the directors are delegated, or otherwise change its key
management or personnel;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 18; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(p)</FONT></TD><TD STYLE="text-align: justify">enter into any arrangement, contract or agreement with any person except on an arm&rsquo;s-length
basis and in the ordinary course of business;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(q)</FONT></TD><TD STYLE="text-align: justify">lend any money to, or give any guarantee or indemnity in favor of, any person which is not a Group
Member in respect of the performance or obligations of such person in excess of US$5,000,000 in any single loan, guarantee or indemnity
or in an accumulated amount in excess of US$5,000,000 for all loans, guarantees or indemnities;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(r)</FONT></TD><TD STYLE="text-align: justify">make any composition or arrangement with its creditors other than those contemplated in the Transaction
Documents;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(s)</FONT></TD><TD STYLE="text-align: justify">pass any resolution which would result in its winding up, liquidation or entering into administration
or receivership;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(t)</FONT></TD><TD STYLE="text-align: justify">increase the number of Equity Securities available for grant or issuance under any share option
plan or other share incentive plan or arrangement of any Group Member, or make any amendment to or terminate any such plan or arrangement;
or</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(u)</FONT></TD><TD STYLE="text-align: justify">incur indebtedness under the Concurrent Financing (other than the interest incurred on the outstanding
facilities thereunder) of more than US$70,000,000.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="text-transform: uppercase; color: #010000"><B>5.</B></FONT></TD><TD STYLE="text-align: justify"><B>Conditions to Obligations of Investor</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">Investor&rsquo;s
obligations at each Closing are subject to the fulfillment or waiver, on or prior to the applicable Issuance Date, of all of the
following conditions (except that for the Final Closing, Investor&rsquo;s obligations are subject only to the completion of the
Closing and the fulfillment of the condition set forth under Sections 5.1, 5.2, 5.3, 5.4, 5.8 and 5.9). Any of the conditions in
this section may be waived in whole or in part by Investor:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.1</FONT></TD><TD STYLE="text-align: justify"><U>Representations and Warranties</U>. The Warranties made by Issuer Parties in Sections 3.1 and
3.2 shall have been true, correct and complete when made, and shall be true, correct and complete on the Issuance Date (except
as otherwise indicated), in all material respects (except that such materiality qualifier shall not be applicable to any Warranties
that already are qualified or modified by materiality in the text thereof) in each case.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.2</FONT></TD><TD STYLE="text-align: justify"><U>No Material Adverse Effect</U>. There shall have been no Material Adverse Effect.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.3</FONT></TD><TD STYLE="text-align: justify"><U>Consents</U>. All consents and approvals of, notices to and filings or registrations with any
Governmental Authority or any other person required pursuant to any applicable law of any Governmental Authority (including any
antitrust, competition or similar legal requirements in any jurisdiction), or pursuant to any contract binding on Issuer or whereby
its respective assets are subject or bound, to consummate the transactions contemplated under this Agreement and the other Transaction
Documents (to the extent that such transactions are to be completed on or prior to the Issuance Date) having been obtained or made,
and copies thereof having been provided to Investor.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 19; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.4</FONT></TD><TD STYLE="text-align: justify"><U>Resolutions</U>. Issuer shall have duly adopted and delivered to Investor true copies of board
resolutions (and shareholders&rsquo; resolutions, if required), certified by a director of Issuer, authorizing it to execute the
Transaction Documents and approving the transactions contemplated thereunder.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.5</FONT></TD><TD STYLE="text-align: justify"><U>Founder&rsquo;s Letter</U>. Founder shall have executed and delivered to Investor the Deed of
Personal Guarantee and Undertakings to provide certain guarantees of Obligors&rsquo; obligations and the undertakings, substantially
in the form set forth in <U>Exhibit B</U> (the &ldquo;<B>Founder&rsquo;s Letter</B>&rdquo;).</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.6</FONT></TD><TD STYLE="text-align: justify"><U>Officer&rsquo;s Certificate</U>. Issuer shall have delivered to Investor an officer&rsquo;s
certificate dated the Issuance Date signed by the director of Issuer, certifying that (x) all the Warranties being true, correct
and complete in all material respects, and Issuer and Founder having performed and complied in all respects with all of their undertakings
or obligations hereunder to be performed or complied with on or before the Issuance Date, (y) to the best of Issuer&rsquo;s knowledge
there has been no Material Adverse Effect, and (z) all conditions to Investor&rsquo;s obligations at the Closing, or all applicable
conditions to Investor&rsquo;s obligations at the Final Closing, as the case may be, have been fulfilled. Such certificate shall
be in form and substance satisfactory to Investor, acting reasonably, and shall be delivered to Investor before the Issuance Date
for prior approval.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.7</FONT></TD><TD STYLE="text-align: justify"><U>Registration of Note Holder</U>. Issuer shall have delivered to Investor a copy of the Register
of Noteholders on the Issuance Date pursuant to this Agreement.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.8</FONT></TD><TD STYLE="text-align: justify"><U>Escrow Agreement</U>. If any of the Proceeds for the relevant Closing will be deposited into
the Escrow Account, Issuer and Investor shall have entered into an escrow agreement with a bank or a licensed financial intermediary
in Hong Kong, under which an Escrow Account is maintained under the following terms: (i) Issuer is the account holder, (ii) Issuer
and Investor will be co-signatories to the Escrow Account, and an irrevocable instruction letter has been delivered to the bank
or licensed financial intermediary stating that no changes can be made to the Escrow Account set up without the written consents
of both Issuer and Investor, and (iii) the funds in the Escrow Account will be remitted only to satisfy the purposes stated under
Section 2.4 of this Agreement.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.9</FONT></TD><TD STYLE="text-align: justify"><U>Legal Opinions</U>. Issuer shall have delivered the following legal opinions:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">legal opinion issued by a British Virgin Islands legal counsel dated as of the Issuance Date and
addressed to Investor in a form and substance reasonably satisfactory to Investor; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">legal opinion issued by a Hong Kong legal counsel dated as of the Issuance Date and addressed to
Investor in a form and substance reasonably satisfactory to Investor.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 20; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.10</FONT></TD><TD STYLE="text-align: justify"><U>Funding</U>. The Fund shall have received adequate funding in connection with the First Closing
under the funding commitments of its limited partners; <U>provided</U>, that if the general partner of the Fund has acted in good
faith pursuant to the limited partnership agreement of the Fund, and any limited partner of the Fund failed to fulfill its funding
commitments pursuant to the capital call in connection with the payment of the Note to be issued at the First Closing, then:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">this Agreement may be terminated by the mutual agreement between Investor and Issuer; or</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">the parties may proceed with the First Closing based on the funding received by the Fund.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>6.</B></FONT></TD><TD STYLE="text-align: justify"><B>Indemnification</B></TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">6.1</FONT></TD><TD STYLE="text-align: justify"><U>General Indemnity</U>. Each Issuer Party hereby jointly and severally agrees to indemnify and
hold harmless the Fund, Investor and their respective officers, directors, partners, shareholders and employees (Investor and each
such other person being referred to as an &ldquo;<B>Indemnitee</B>&rdquo;), to the fullest extent lawful, from and against any
losses, claims, damages, liabilities and reasonable expenses (or actions in respect thereof) (collectively, &ldquo;<B>Losses</B>&rdquo;),
as incurred, related to or arising out of or in connection with any breach by Obligors of their respective representations, Warranties
and agreements set forth in this Agreement or in any of the other Transaction Documents.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">For the avoidance
of doubt, the term &ldquo;reasonable expenses&rdquo; as used in this Section&nbsp;6.1 shall include all out-of-pocket expenses
(including, without limitation, fees and expenses of counsel) as they are duly documented and reasonably incurred in connection
with investigating, preparing, defending or settling any such action or claim, whether in connection with litigation in which any
Indemnitee is a named party, provided that such indemnity shall not apply to any acts or omissions arising from bad faith, gross
negligence or willful default on the part of the Indemnitee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">The indemnity
and expense reimbursement obligations set forth in this Section 6.1 shall be in addition to any liability an Obligor may have to
any Indemnitee at common law or otherwise. For the avoidance of doubt, the Issuer Parties shall not be liable to any Indemnitee
for any matters within the actual knowledge of an Indemnified Person as at the Closing or any matters disclosed in the Disclosure
Letter and Target SEC Filings prior to the Closing.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">6.2</FONT></TD><TD STYLE="text-align: justify"><U>Tax Indemnity</U>. Without prejudice to the generality of Section 6.1 above, each Issuer Party
hereby jointly and severally covenants and undertakes to Investor to fully and effectually indemnify and at all times keep fully
and effectually indemnified Investor from and against the amount of any and all Tax falling on Investor (which is not otherwise
disclosed) resulting from or by reference to any income, profits, gains, transactions, events, matters or things earned, accrued,
received, entered into or occurring in connection with the transactions contemplated hereunder, whether alone or in conjunction
with any other circumstances whenever occurring, including any and all Tax resulting from the receipt by Investor of any amounts
together with all costs (including all legal costs), expenses or other liabilities which Investor may incur in connection with
any legal proceedings Investor may be involved in enforcing this Section 6.2. This Tax indemnity does not apply to any Tax assessed
on Investor under the laws of the jurisdiction(s) in which (x) Investor is incorporated; (y) Investor is treated as resident for
tax purposes, or (z) amounts are received by Investor at its principal offices.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>


<!-- Field: Page; Sequence: 21; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">This Section
6 is a separate and independent right of Investor, in addition to and without prejudice to any rights Investor may have against
Issuer Parties, under the terms of this Agreement (including rights under Section 7), any other Transaction Documents, or otherwise.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>7.</B></FONT></TD><TD STYLE="text-align: justify"><B>Registration of the Notes</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Notes issued under this Agreement
does not, and will not, require the approval of Governmental Authorities under the securities law of any jurisdiction. Issuer shall
keep books for the registration and registration of transfer of the Notes. Prior to presentation of a Note for registration of
transfer, Issuer shall treat the person in whose name the relevant Note is registered as the owner and holder of the relevant Note
for all purposes whatsoever, and Issuer shall not be affected by notice to the contrary.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>8.</B></FONT></TD><TD STYLE="text-align: justify"><B>Post-Closing Covenants</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">8.1</FONT></TD><TD STYLE="text-align: justify">After the First Closing, Issuer shall ensure that each of the following conditions set out below
is satisfied within the timeframe specified below (or such later date as the Investor may agree):</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">by no later than five (5) business day after the First Closing (or such later time as agreed by
Investor):</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(i)</FONT></TD><TD STYLE="text-align: justify">Issuer shall have executed and delivered to Investor the Target Securities Charge;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(ii)</FONT></TD><TD STYLE="text-align: justify">Issuer shall have delivered to Investor the physical share certificates representing the 8,062,864
Class A Ordinary Shares and 8,240,760 Class A Ordinary Shares of Target, respectively, and all documentation required to create
a first ranking charge on such Target shares in favour of Investor pursuant to the Target Securities Charge;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(iii)</FONT></TD><TD STYLE="text-align: justify">Issuer shall have delivered the physical share certificates representing the total number of the
CAGP III Shares and the CAGP III Co-Investment Shares acquired through the CAGP Transaction;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(iv)</FONT></TD><TD STYLE="text-align: justify">Issuer shall have delivered the physical share certificates representing 14,163,325 Class A Ordinary
Shares acquired through the Solar Transaction;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 22; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(v)</FONT></TD><TD STYLE="text-align: justify">Issuer shall have delivered all documentation required to create a first ranking charge on the
CAGP III Shares and the CAGP III Co-Investment Shares acquired by Issuer through the CAGP Transaction, and on the Solar Shares
acquired by Issuer through the Solar Transaction, each in favour of Investor, and such other documentation as required pursuant
to the Target Securities Charge;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(vi)</FONT></TD><TD STYLE="text-align: justify">Issuer shall have delivered a legal opinion issued by a Cayman Islands legal counsel dated as of
the date of the Target Securities Charge and addressed to Investor in a form and substance reasonably satisfactory to Investor;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">Issuer shall have delivered all documentation required to be delivered pursuant to the Target Securities
Charge at the time provided therein; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">Issuer shall have caused the perfection requirements as a result of the Target Securities Charge
to be completed within the time provided therein.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">8.2</FONT></TD><TD STYLE="text-align: justify">If any of the Proceeds under the Final Closing has been applied to repay any portion of the Concurrent
Financing in compliance with Section 2.4:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">by no later than five (5) business Day after the Final Closing (or such later time as agreed by
Investor) (or such later time as agreed by Investor), Issuer shall have or shall have caused:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(i)</FONT></TD><TD STYLE="text-align: justify">the delivery of the physical share certificate representing the number of additional Haitong Shares
released from the Haitong Share Charge (such number to be calculated in accordance with Section 2.4);</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(ii)</FONT></TD><TD STYLE="text-align: justify">the delivery of all documentation required to create, subject to the Bank Financing, a first ranking
charge on the additional Haitong Shares released from the Haitong Share Charge in favour of Investor;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">Issuer shall have or shall have caused the delivery of all documentation required to be delivered
pursuant to the Target Securities Charge at the time provided therein.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">8.3</FONT></TD><TD STYLE="text-align: justify">Investor shall assist Issuer in identifying and negotiating the Bank Financing with the lender(s).
Issuer acknowledges that the Financing is being provided by Investor on the understanding that the Bank Financing will have the
terms and conditions typical of a senior credit facility, and other than specifically provided for in the Transaction Documents,
Investor will not have the obligation to grant any consent or waiver under the Financing in order to accommodate the demands of
the lender(s) thereunder.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 23; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>9.</B></FONT></TD><TD><B>Confidentiality</B></TD></TR></TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #010000"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">9.1</FONT></TD><TD STYLE="text-align: justify"><U>Confidential nature of this Agreement</U>. Each party acknowledges that the terms and conditions
of this Agreement and the other Transaction Documents, any term sheet or memorandum of understanding entered into pursuant to the
transactions contemplated hereby, and all schedules, annexure, exhibits, appendices and amendments hereto and thereto, the transactions
contemplated hereby and thereby, including their existence shall be considered confidential information and shall not be disclosed
by any party to any third party except in accordance with this Section 9, provided that Issuer Parties may disclose such confidential
information (i) to any third parties relating to the refinancing of the Notes or the Concurrent Financing, or relating to the Bank
Financing, who reasonably require access to such confidential information,(ii) to any other parties with the prior consent of Investor
and (iii) subject to Section 9.3, as such disclosure is requested or becomes legally compelled and/or required under any applicable
laws and listing rules of the NYSE (including without limitation, pursuant to any applicable tax, securities, or other laws of
any jurisdiction).</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">9.2</FONT></TD><TD STYLE="text-align: justify"><U>Confidential information provided by Issuer Parties</U>. Each of Investor and the Fund acknowledges
all information furnished by Issuer Parties or their Affiliates and their respective officers, directors, partners, shareholders,
employees and agents pursuant to this Agreement is confidential and for its own use only, and agrees to hold in confidence and
trust and not to disclose or disseminate such information to any other person (other than on a confidential basis to its employees
or agents, investors, partners, prospective investors or prospective partners, having a need to know the contents of such information,
and their attorneys who have agreed to undertake a corresponding obligation of confidentiality to that undertaken by Investor under
this Section 9.2) except in connection with the exercise of its rights under this Agreement, unless (i)&nbsp;Investor or the Fund
has obtained such information from a third party source (provided that Investor or the Fund, acting with due care and diligence,
has no reason to believe that such source is bound by any confidentiality obligation to Issuer Parties or their respective Affiliates
in respect of such information), (ii) such information is available to the public generally, or (iii) Investor or the Fund is required
to disclose such information by Governmental Authority.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">9.3</FONT></TD><TD STYLE="text-align: justify"><U>Legally Compelled Disclosure</U>. With the exception of any SEC Filings required to be made
by Issuer or any of its Affiliates, in the event that any party (other than Investor) is requested or becomes legally compelled
and/or as required under any applicable laws and the listing rules of the NYSE (including without limitation, pursuant to any applicable
tax, securities, or other laws of any jurisdiction) to disclose any confidential information referred to in this Section 9, such
party (&ldquo;<B>Disclosing Party</B>&rdquo;) shall to the extent permitted by law provide the other parties with prompt written
notice of that fact and shall consult with the other parties regarding such disclosure. At the request of the other parties, Disclosing
Party shall, to the extent reasonably possible and with the cooperation and reasonable efforts of the other parties, seek a protective
order, confidential treatment or other appropriate remedy. In any event, Disclosing Party shall furnish only that portion of the
information that is legally required and/or as required under the relevant listing rules and shall exercise reasonable efforts
to obtain reliable assurance that confidential treatment will be accorded to such information.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 24; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>10.</B></FONT></TD><TD STYLE="text-align: justify"><B>Miscellaneous</B></TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.1</FONT></TD><TD STYLE="text-align: justify"><U>Successors and Assigns</U>. Subject to the restrictions on assignment described in this Agreement,
the rights and obligations of parties shall be binding upon and benefit the successors, assigns, heirs, administrators and transferees
of the parties.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.2</FONT></TD><TD STYLE="text-align: justify"><U>Waiver and Amendment</U>. Any provision of this Agreement may be amended, waived or modified
upon the written consent of parties.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.3</FONT></TD><TD STYLE="text-align: justify"><U>Assignment by Parties</U>. This Agreement, and the rights hereunder, shall not be assigned,
and the obligations hereunder shall not be transferred, without the mutual written consent of the parties (not to be unreasonably
withheld or delayed) however Investor may at any time, without the consent of any other parties, assign its rights and transfer
its obligations hereunder to a permitted transferee of the Note. The Issuer Parties may at any time, without the consent of any
other parties, assign their rights and transfer their obligations to a transferee who is an affiliate. In the event of any such
transfer or assignment, the transferor shall procure such transferee shall execute a deed of adherence in a form acceptable to
the other parties on or prior to the completion of any transfer.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.4</FONT></TD><TD STYLE="text-align: justify"><U>Validity of the Agreement</U>. This Agreement shall become effective upon the execution of it
by the authorized representatives of parties and shall continue in force unless the First Closing fails to take place on or before
the First Closing Long Stop Date in which cases it shall become void and of no further force and effect, except for the provisions
of Section 9 (Confidentiality), this Section 10.4 (Validity of the Agreement), Section&nbsp;10.10 (Governing Law), Section 10.11
(Jurisdiction) and Section 10.12 (Expenses); provided, however, that such termination shall, unless otherwise agreed by the parties,
be without prejudice to the rights of any party in respect of a breach of this Agreement prior to such termination. In the event
that the First Closing occurs but the Final Closing fails to take place on or before the Final Closing Long Stop Date, this Agreement
shall remain effective except that Issuer Parties will be released from its obligations under Section 2 (to the extent it relates
to Final Closing) and Section 4 hereof, without prejudice to the rights of any party in respect of a breach of this Agreement on
or prior to the Final Closing Long Stop Date.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.5</FONT></TD><TD STYLE="text-align: justify"><U>Survival</U>. The representations, warranties, covenants and agreements made herein shall survive
the execution and delivery of this Agreement.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.6</FONT></TD><TD STYLE="text-align: justify"><U>Entire Agreement</U>. This Agreement together with the other Transaction Documents constitute
and contain the entire agreement among parties and supersede any and all prior agreements, negotiations, correspondence, understandings
and communications among parties, whether written or oral, respecting the subject matter hereof.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.7</FONT></TD><TD STYLE="text-align: justify"><U>Notices</U>.<B> </B>All notices, requests, demands, consents, instructions or other communications
required or permitted hereunder shall be in writing and delivered to each party as follows:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 25; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">if to Investor:</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 85%; border-collapse: collapse; font-size: 10pt; margin-left: 1in">
<tr style="vertical-align: top">
    <TD STYLE="width: 15%; font-weight: normal; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif">Address</font></td>
    <TD STYLE="width: 5%; font-weight: normal; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="width: 80%; font-weight: normal; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif">P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Email</font></td>
    <TD><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD><font style="font-family: Times New Roman, Times, Serif">88445413@qq.com / frank.yang@bocggp.com</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Attention</font></td>
    <TD><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD><font style="font-family: Times New Roman, Times, Serif">YANG Feng</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td colspan="3"><font style="font-family: Times New Roman, Times, Serif">or at such other address as Investor shall have furnished Issuer Parties in writing.</font></td></tr>
</table>
<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">if to Issuer Parties:</TD>
</TR></TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-align: justify; text-indent: -1in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 85%; border-collapse: collapse; font-size: 10pt; margin-left: 1in">
<tr style="vertical-align: top">
    <TD STYLE="width: 15%; font-weight: normal; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif">Address</font></td>
    <TD STYLE="width: 5%; font-weight: normal; text-align: justify; text-indent: 0in"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="width: 80%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">18/F, Tower A, Global
        Trade Center, 36 North 3rd Ring Road East, Dongcheng District, Beijing, PRC</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Facsimile</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">86-10-59575252</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Attention</font></td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Mr. Botao Shi</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></td></tr>
<tr style="vertical-align: top">
    <td colspan="3" style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">or at such other address as Investor shall have furnished Investor in writing.</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">All such notices and communications
shall be effective (1) when sent by international express courier or other overnight service of recognized standing, on the business
day following the deposit with such service; (2) when mailed, by registered or certified mail, first class postage prepaid and
addressed as aforesaid, upon the earlier of actual receipt or the fourth business day after the date of mailing; (3) when delivered
by hand, upon delivery; (4) when faxed, upon confirmation that all pages have been transmitted except where the dispatch is not
on a business day; and (5) when emailed, upon such email being sent by the sender and no transmission error message being received
by the sender. If a communication would otherwise be deemed to have been delivered outside normal business hours (after 5:30 p.m.
on a business day) in the time zone of the territory of the recipient under this Section 10.7, it shall be deemed to have been
delivered at 9:30 a.m. on the next opening of business in the territory of the recipient. In proving service of a communication,
it shall be sufficient to show that delivery by hand was made or that the envelope containing the communication was properly addressed
and mailed or that the facsimile transmission was despatched and a confirmatory transmission report or other acknowledgment of
good receipt was received.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.8</FONT></TD><TD STYLE="text-align: justify"><U>No Partnership</U>. Nothing in this Agreement shall constitute or be deemed to constitute a
partnership between the parties or any of them.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.9</FONT></TD><TD STYLE="text-align: justify"><U>Severability</U>. If any provision of this Agreement or the application thereof to any person
or circumstance shall be invalid or unenforceable to any extent, the remainder of this Agreement and the application of such provision
to other persons or circumstances shall not be affected thereby and shall be enforced to the maximum extent permitted by law.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 26; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.10</FONT></TD><TD STYLE="text-align: justify"><U>Governing Law</U>. This Agreement and all actions arising out of or in connection with this
Agreement shall be governed by and construed in accordance with the laws of Hong Kong.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.11</FONT></TD><TD STYLE="text-align: justify"><U>Jurisdiction</U>. The courts of Hong Kong are to have jurisdiction to settle any disputes which
may arise out of or in connection with the Notes and, accordingly, any legal action or proceedings arising out of or in connection
with the Notes may be brought in such courts.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.12</FONT></TD><TD STYLE="text-align: justify"><U>Expenses</U>. Whether or not any of the transactions contemplated under this Agreement are consummated,
each party shall bear its own costs and expenses in the negotiation, preparation and execution of the Transaction Documents, including
the fees and expenses of its counsel, except that any out-of-pocket expenses paid or payable to third parties in connection with
legal, financial and business due diligence on the Issuer Group (the &ldquo;<B>DD Expenses</B>&rdquo;) will be allocated in accordance
with the following principles:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">If none of the Bank Financing, the Financing under this Agreement or the Securitization is closed
or completed, Issuer and Investor shall equally share the DD Expenses;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">In all other cases:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(i)</FONT></TD><TD STYLE="text-align: justify">Investor shall share the DD Expenses on a pro rata basis based on the Purchase Price received by
Issuer in the Financing relative to the aggregate of (x) the amount raised or funded in the Bank Financing, (y) the amount of Purchase
Price, and (z) the amount raised or funded in the Securitization, whichever closed or completed;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(ii)</FONT></TD><TD STYLE="text-align: justify">Issuer shall share the DD Expenses on a pro rata basis based on the amount raised or funded in
the Bank Financing relative to the aggregate of (x) the amount raised or funded in the Bank Financing, (y) the amount of Purchase
Price, and (z) the amount raised or funded in the Securitization, whichever closed or completed; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(iii)</FONT></TD><TD STYLE="text-align: justify">Issuer shall cause Target to share the DD Expenses on a pro rata basis based on the amount raised
or funded in the Securitization relative to the aggregate of (x) the amount raised or funded in the Bank Financing, (y) the amount
of Purchase Price, and (z) the amount raised or funded in the Securitization, whichever closed or completed.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">The term &ldquo;<B>Securitization</B>&rdquo;
means any direct or indirect disposition of interest by Issuer in (i) Guangzhou Concord Cancer Hospital, (ii) Concord Cancer Hospital
in Singapore, (iii) The University of Texas MD Anderson Cancer Center Proton Therapy Center through asset securitization or similar
arrangements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">The expenses
contemplated under this Section 10.12 which are payable to Investor from time to time within 15 business days of Investor&rsquo;s
demand.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 27; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.13</FONT></TD><TD STYLE="text-align: justify"><U>Right Cumulative</U>. Each and all of the various rights, powers 10.13 and remedies of a party
will be considered to be cumulative with and in addition to any other rights, powers and remedies which such party may have at
law or in equity in the event of the breach of any of the terms of this Agreement. The exercise or partial exercise of any right,
power or remedy will neither constitute the exclusive election thereof nor the waiver of any other right, power or remedy available
to such party.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.14</FONT></TD><TD STYLE="text-align: justify"><U>No Presumption</U>. The parties acknowledge that any applicable law that would require interpretation
of any claimed ambiguities in this Agreement against the party that drafted it has no application and is expressly waived. If any
claim is made by a party relating to any conflict, omission or ambiguity in the provisions of this Agreement, no presumption or
burden of proof or persuasion will be implied because this Agreement was prepared by or at the request of any party or its counsel.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.15</FONT></TD><TD STYLE="text-align: justify"><U>Counterparts.</U> This Agreement may be executed in two or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and the same instrument. Facsimile and e-mailed copies
of signatures shall be deemed to be originals for purposes of the effectiveness of this Agreement.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 28; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;<B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>IN WITNESS WHEREOF,</B>
the parties have caused this Agreement to be duly executed and delivered by their proper and duly authorized officers as of the
date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="text-transform: uppercase"><B></B></FONT>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 85%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify"><B>ISSUER PARTIES</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Morgancreek Investment Holdings Limited</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="width: 8%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">By:</font></td>
    <TD STYLE="width: 45%; border-bottom: Black 1pt solid; text-align: left; vertical-align: middle">/s/ Jianyu Yang</td>
    <TD STYLE="width: 47%; text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td colspan="3" style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Name: &nbsp;&nbsp;&nbsp;Jianyu Yang</font></td></tr>
<tr style="vertical-align: top">
    <td colspan="3" style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Title: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify"><B>Mr. Jianyu Yang</b></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Jianyu Yang</TD>
    <TD STYLE="width: 33%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Signature Page to Note Subscription
Agreement</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>IN WITNESS WHEREOF,</B>
the parties have caused this Agreement to be duly executed and delivered by their proper and duly authorized officers as of the
date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="text-transform: uppercase"><B></B></FONT>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="margin-left: 0.5in; width: 85%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><B>INVESTOR</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify"><B>Blue Ocean Structure Investment II Company Limited</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="width: 8%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">By:</font></td>
    <TD STYLE="width: 45%; border-bottom: Black 1pt solid; text-align: justify">/s/ Yang Feng</td>
    <TD STYLE="width: 47%; text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td colspan="3" style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Name: &nbsp;&nbsp;&nbsp;YANG Feng</font></td></tr>
<tr style="vertical-align: top">
    <td colspan="3" style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Title: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Director</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="text-transform: uppercase"><B>FUND</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>Blue Ocean</B> <B>Project
Fund II, LP (acting through its general partner Blue Ocean Fund II GP, Ltd</B>)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(a signatory only with respect
to Section 3.4 hereto)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="margin-left: 0.5in; width: 85%; border-collapse: collapse; font-size: 10pt">
<tr style="vertical-align: top">
    <TD STYLE="width: 8%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">By:</font></td>
    <TD STYLE="width: 45%; border-bottom: Black 1pt solid; text-align: justify">/s/ Yang Feng </td>
    <TD STYLE="width: 47%; text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td colspan="3" style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Name:&nbsp;&nbsp;&nbsp;&nbsp;YANG
    Feng </font></td></tr>
<tr style="vertical-align: top">
    <td colspan="3" style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Title:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Signature Page to Note Subscription
Agreement</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>PART A: PARTICULARS OF ISSUER</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<tr style="vertical-align: top">
    <TD STYLE="width: 30%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Registered Company Name</font></td>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 4%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 60%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Morgancreek Investment Holdings Limited</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Registered Address</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Date of Incorporation</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">October 25, 2013</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Company Registration Number</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">1796272</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Place of Incorporation</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">British Virgin Islands</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Director(s)</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Jianyu Yang</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Zheng Cheng</P></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Authorized Share Capital</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">50,000</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Issued Share Capital</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">10</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Financial Year End</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">December 31</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Subsidiaries (and percentage of
    shareholding)</FONT></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Concord Medical Services Holdings Limited (45.4%)</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Shareholder(s) as of the Date hereof</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Cherrylane Investments Limited (60%)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Bluestone Holdings Limited (40%)</P></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 31; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-1-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>PART B: PARTICULARS OF TARGET</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<tr style="vertical-align: top">
    <TD STYLE="width: 30%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif"><b>Target</b></font></td>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 4%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 60%; text-align: justify">&nbsp;</td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif"><b>Registered Company Name</b></font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif"><b>:</b></font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif"><b>Concord Medical Services Holdings Limited</b></font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Registered Address</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Scotia Centre, 4th Floor, P.O.
Box 2804, George Town, Grand Cayman, Cayman Islands KY1-1112</P></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Date of Incorporation</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">November 27, 2007</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Company Registration Number</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">200093</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Place of Incorporation</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Cayman Islands</P></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Director(s)</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Jianyu Yang</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Zheng Cheng</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Zhe Yin</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Yan Sui</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Denny Lee</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Weibo Yin</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Yongjun Li</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Authorized Share Capital</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">US$50,000</P></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Issued Share Capital</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">US$13,172</P></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Outstanding Share Capital</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">US$13,172 </font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Financial Year End</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">December 31</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Direct Subsidiaries (and percentage of shareholding)</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Ascendium Group Limited (100%)</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 32; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-1-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: center"><B>PART C: CONTROL PERSONS OF
ISSUER GROUP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>Ownership Structure of Target Immediately
Prior to the First Closing</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif; color: Red"><B>&nbsp;</B></P>

<P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif; color: Red"><B><IMG SRC="pg33img1_ex99-b1.jpg" ALT="">&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><U>Note: The shareholding percentages in
the above structure chart are with reference to issued share capital.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>Particulars of Control Persons</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><B>1.</B></TD><TD STYLE="text-align: justify"><B>Cherrylane Investments Limited</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 90%; border-collapse: collapse; font-size: 10pt; margin-left: 0.5in">
<tr style="vertical-align: top">
    <TD STYLE="width: 35%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Registered Company Name</font></td>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 4%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 55%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Cherrylane Investments Limited</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Registered Address</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Date of Incorporation</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">September 26,2013</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Company Registration Number</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">1792312</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Place of Incorporation</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">British Virgin Islands</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Director(s)</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Jianyu Yang</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Authorized Share Capital</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">US$50,000</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Issued Share Capital</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">US$50,000</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Financial Year End</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">December 31</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Direct Subsidiaries (and percentage of shareholding)</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Morgancreek Investment Holdings Limited (60%)</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Shareholder(s) as of the Date hereof</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#19978;&#28023;&#21321;&#39333;&#31185;&#25216;&#21457;&#23637;&#26377;&#38480;&#20844;&#21496;
        (30%)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Oakville Holdings Group Limited (70%)</P></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 33; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-1-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><B>2.</B></TD><TD STYLE="text-align: justify"><B>Bluestone Holdings Limited</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 90%; border-collapse: collapse; font-size: 10pt; margin-left: 0.5in">
<tr style="vertical-align: top">
    <TD STYLE="width: 35%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Registered Company Name</font></td>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 4%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 55%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Bluestone Holdings Limited</P></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Registered Address</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">P.O. Box 957, Offshore Incorporations
Centre, Road Town, Tortola, British Virgin Islands</P></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Date of Incorporation</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">September 26,2013</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Company Registration Number</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">1792309</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Place of Incorporation</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">British Virgin Islands</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Director(s)</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Zheng Cheng</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Registered Capital</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">US$50,000</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Financial Year End</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">December 31</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Direct Subsidiaries (and percentage of shareholding)</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Morgancreek Investment Holdings Limited (40%)</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Shareholder(s) as of the Date hereof</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&#19978;&#28023;&#31616;&#20094;&#31185;&#25216;&#26377;&#38480;&#20844;&#21496; (100%)</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><B>3.</B></TD><TD STYLE="text-align: justify"><B>Oakville Holdings Group Limited</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 90%; border-collapse: collapse; font-size: 10pt; margin-left: 0.5in">
<tr style="vertical-align: top">
    <TD STYLE="width: 35%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Registered Company Name</font></td>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 4%; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 55%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Oakville Holdings Group Limited</P></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Registered Address</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">P.O. Box 957, Offshore Incorporations
Centre, Road Town, Tortola, British Virgin Islands</P></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Date of Incorporation</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">January 21,2015</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Company Registration Number</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">1859577</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Place of Incorporation</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">British Virgin Islands</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD><font style="font-family: Times New Roman, Times, Serif">Director(s)</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Bi Zhang</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Registered Capital</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">US$50,000</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Financial Year End</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">December 31</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Direct Subsidiaries (and percentage of shareholding)</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Cherrylane Investments Limited (70%)</font></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Shareholder(s) as of the Date hereof</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">:</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Bi Zhang (100%)</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 34; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-1-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><B>4.</B></TD><TD STYLE="text-align: justify"><B>&#19978;&#28023;&#21321;&#39333;&#31185;&#25216;&#21457;&#23637;&#26377;&#38480;&#20844;&#21496;</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>(Shanghai Hui Fu Science and Technology
Development Co., Ltd.)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 90%; border-collapse: collapse; font-size: 10pt; margin-left: 0.5in">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 35%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Registered Company Name</FONT></TD>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 4%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 55%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#19978;&#28023;&#21321;&#39333;&#31185;&#25216;&#21457;&#23637;&#26377;&#38480;&#20844;&#21496;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Registered Address</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Room C232, 2/F., Building 3, No.555
Songxiu Road, Qingpu District, Shanghai, PRC</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date of Incorporation</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">August 14,2013</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Company Registration Number</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">310118002883726</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Place of Incorporation</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shanghai</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director(s)</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jianyu Yang</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Registered Capital</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">One Million Renminbi</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial Year End</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December 31</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Direct Subsidiaries (and percentage of shareholding)</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cherrylane Investments Limited (30%)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholder(s) as of the Date hereof</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jianyu Yang (100%)</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><B>5.</B></TD><TD STYLE="text-align: justify"><B>&#19978;&#28023;&#31616;&#20094;&#31185;&#25216;&#26377;&#38480;&#20844;&#21496;</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>(Shanghai Jian Qian Science and Technology Co., Ltd.)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 90%; border-collapse: collapse; font-size: 10pt; margin-left: 0.5in">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 35%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Registered Company Name</FONT></TD>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 4%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 55%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#19978;&#28023;&#31616;&#20094;&#31185;&#25216;&#26377;&#38480;&#20844;&#21496;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Registered Address</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Room C231,2/F.,Building 3,No.555
Songxiu Road,Qingpu District, Shanghai, PRC</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date of Incorporation</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">August 14,2013</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Company Registration Number</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">310118002883734</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Place of Incorporation</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shanghai</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director(s)</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zheng Cheng</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Registered Capital</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">One Million Renminbi</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial Year End</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December 31</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Direct Subsidiaries (and percentage of shareholding)</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Bluestone Holdings Limited (100%)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholder(s) as of the Date hereof</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zheng Cheng (100%)</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 35; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-1-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><B>6.</B></TD><TD STYLE="text-align: justify"><B>Jianyu Yang</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Citizenship: People&rsquo;s Republic
of China</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Principal Business Address: 18/F,
Tower A, Global Trade Center, 36 North Third Ring Road East, Dongcheng District, Beijing 100013, People&rsquo;s Republic of China</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><B>7.</B></TD><TD STYLE="text-align: justify"><B>Bi Zhang</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Citizenship: People&rsquo;s Republic
of China</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Principal Business Address: PO
Box 957, Offshore Incorporation Center, Road Town, Tortola, British Virgin Islands</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><B>8.</B></TD><TD STYLE="text-align: justify"><B>Zheng Cheng</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Citizenship: People&rsquo;s Republic
of China</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Principal Business Address: 18/F,
Tower A, Global Trade Center, 36 North Third Ring Road East, Dongcheng District, Beijing 100013, People&rsquo;s Republic of China</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 36; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-1-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>PART D: CORPORATE STRUCTURE
OF TARGET </B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; color: Red"><IMG SRC="pg37img1_ex99-b1.jpg" ALT=""></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 37; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-1-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SCHEDULE 2</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>WARRANTIES</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><U>General</U></B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">Unless expressed to the contrary, the
following Warranties are made by Issuer Parties at the date hereof and as at the applicable Issuance Date, except as Disclosed.
The Warranties shall be separate and independent and save as expressly provided shall not be limited by reference to any other
paragraph or anything in this Agreement or the other Schedules. The Warranties are qualified by the Disclosure Letter and Target
SEC Filings. The Disclosure Letter shall be arranged in clauses corresponding to the numbered and lettered clauses and sub-clauses
set forth below. A disclosure made by reference to any particular Warranty shall be deemed to be made also in respect of any other
Warranty under this Schedule 2 only to the extent it is readily apparent from a reading of the disclosure that such disclosure
is applicable to such other Warranty.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><U>Definitions</U></B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">In this Schedule, capitalized terms
not otherwise defined have the meanings set forth in this Agreement, and the following terms have the meanings specified below:</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Anti-Corruption Laws</B>&rdquo;
means the U.S. Foreign Corrupt Practice Act of 1977 (as amended, the &ldquo;<B>FCPA</B>&rdquo;), the UK Bribery Act 2010 (and,
in relation to conduct prior to July&nbsp;1, 2011, the Public Bodies Corrupt Practices Act 1889 and the Prevention of Corruption
Act 1906 (together with the UK Bribery Act 2010, as amended, the &ldquo;<B>UK Corruption Laws</B>&rdquo;) and any other anti-bribery
or anti-corruption laws applicable to Issuer or any of its Affiliates (including such laws in the PRC). For these purposes, the
offences created by the FCPA and the UK Corruption Laws shall be deemed to apply to the Affiliates of Issuer Group in respect of
acts or omissions by them which may directly or indirectly constitute a breach&nbsp;by Issuer Group or the relevant Affiliates&nbsp;of
such law, irrespective of the jurisdictional scope of those offences.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Anti-Corruption Prohibited
Activities</B>&rdquo; has the meaning set forth in Clause 3 of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Assets</B>&rdquo; means all
assets, rights and privileges of any nature and all goodwill associated therewith, including rights in respect of Contracts, all
Intellectual Property, Equipment, any share or equity ownership, but excluding rights in respect of real property.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Circular 37</B>&rdquo; has
the meaning set forth in Clause 3 of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Code</B>&rdquo; has the meaning
set forth in Clause 5(c)(i) of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Confidential Information</B>&rdquo;
as used in this <U>Schedule 2</U> means all know-how, lists of customers, suppliers or Subscribers, technical processes or other
confidential information.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Contracts</B>&rdquo; means
all contracts, agreements, licenses, engagements, leases, financial instruments, purchase orders, commitments and other contractual
arrangements, that are currently subsisting and not terminated or completed.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 38; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Covered Entities</B>&rdquo;
has the meaning set forth in Clause 7(a) of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Disclosed</B>&rdquo; means,
in respect of any Warranty, fully and fairly disclosed in the (i) numbered and lettered section corresponding to such Warranty
in the Disclosure Letter or (ii) the Target SEC Filings; the disclosures in any section of the Disclosure Letter shall qualify
other sections in this Schedule 2 only to the extent it is readily apparent from a reading of the disclosure that such disclosure
is applicable to such other sections.</P>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Environment</B>&rdquo; means
all or any of the following media, namely, air, water and land; and the medium of air includes the air within buildings and the
air within other natural or man-made structures above or below ground.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Environmental Laws</B>&rdquo;
means any and all laws whether of the PRC or any other relevant jurisdiction, relating to pollution, contamination or protection
of the Environment or to the storage, labeling, handling, release, treatment, manufacture, processing, deposit, transportation
or disposal of Hazardous Substances.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Equipment</B>&rdquo; means
all plant and machinery, production lines, tools and equipment, vehicles and other tangible assets.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Existing Financial Statements</B>&rdquo;
means (i) the Target Financial Statements for the Financial Year ended December 31, 2015 and (ii) the consolidated balance sheet
and the consolidated statements of income of the Target for the quarter ended June 30, 2016, in each case prepared in accordance
with US GAAP.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Government Entity</B>&rdquo;
has the meaning set forth in Clause 3 of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Government Official</B>&rdquo;
means an official or employee of any government department, agency, or instrumentality, any government-owned or -controlled enterprise,
any public international organization, or any political party, as well as any candidate for political office.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Group Representative</B>&rdquo;
means any director, officer, agent, employee, consultant, professional advisor or other person acting for or on behalf of any Group
Member or Affiliate of any Group Member.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Hazardous Substance</B>&rdquo;
means all substances of whatever description which may cause or have a harmful effect on the Environment or the health of person
or any other living organism including, without limitation, all poisonous, toxic, noxious, dangerous and offensive substances.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Intellectual
Property</B>&rdquo; means all patent, trademarks, service marks, registered designs, utility models, copyrights, inventions, Confidential
Information, brand names, database rights and business names and any similar rights situated in any country and the benefit (subject
to the burden) of any of the foregoing (in each case whether registered or unregistered and including applications for the grant
of any of the foregoing and the right to apply for any of the foregoing in any part of the world).</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Large Medical Equipment Procurement
License</B>&rdquo; means the large medical equipment procurement license issued pursuant to the Rules on Procurement and Use of
Large Medical Equipment issued on December 31, 2004 by the Ministry of Health, the National Development Reform Committee and the
Ministry of Finance, which became effective on March 1, 2005.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 39; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Latest Accounts Date</B>&rdquo;
means September 30, 2016.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Leases</B>&rdquo; has the
meaning set forth in Clause 5 of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Leased Properties</B>&rdquo;
has the meaning set forth in Clause 5 of this <U>Schedule 2</U>.</P>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Leasing Company Permit</B>&rdquo;
the foreign-invested enterprise approval certificate issued by the Ministry of Commerce of China or its competent local branch
specifying the permitted business scope of the foreign-invested company as either leasing or financial leasing.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Liabilities</B>&rdquo; means
all indebtedness and other liabilities of any nature whatsoever, accrued, absolute, actual or contingent, due or to become due,
liquidated or unliquidated and whether or not of a nature required to be disclosed in the accounts or financial statements of the
Issuer Group.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Litigation</B>&rdquo; has
the meaning set forth in Clause 11 of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Material Contracts</B>&rdquo;
has the meaning set forth in Clause 6 of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Medical Equipment Operating
Enterprise Permits</B>&rdquo; means the medical equipment operating enterprise permit issued by the relevant provincial drug supervision
and administration agency pursuant to the Medical Equipment Supervision and Administration Regulation of China, effective as of
April 1, 2000.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Medical Institution Practicing
License</B>&rdquo; means the medical institution practicing license issued by the relevant healthcare administrative authorities
pursuant to the Regulation on Medical Institution issued on February 26, 1994 by the PRC State Council.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Onshore Companies</B>&rdquo;
means the legal entities listed in the structure chart in Part D of <U>Schedule 1</U> that is established in the PRC, and all other
legal entities established in the PRC in which any of the foregoing legal entities directly or indirectly owns any interest.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Partners</B>&rdquo; means
the hospital partners in the PRC with which a Group Member has entered into long-term lease and management services arrangements
or cooperation agreement, or similar arrangements, as the case may be (each, a &ldquo;<B>Service Agreement</B>&rdquo;), for establishing
radiotherapy and diagnostic imagining centers, and provide certain management services and technical services to, and for the purchase
and lease of the medical equipment used at, such radiotherapy and diagnostic imaging center.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Permits</B>&rdquo; means all
permits, consents, approvals, authorizations, franchises, certifications and licenses from, and all registrations with, any Governmental
Authority and such term shall include the Medical Equipment Operating Enterprise Permits, Radiation Safety Permits, Leasing Company
Permit, Leasing Company Permit, Medical Institution Practicing License, Large Medical Equipment Procurement License, Radiotherapy
Permit, and Radiation Worker Permit.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 40; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Principal Business</B>&rdquo;
means the business of Issuer Group, being radiotherapy and diagnostic imaging center operators.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Radiation Safety Permits</B>&rdquo;
means the radiation safety permits from the relevant national or provincial environmental protection authorities pursuant to the
Regulation on Radioisotope and Radiation Equipment Safety and Protection issued on September 14, 2005 by the PRC State Council
and the Rules on Radioisotopes and Radiation Device Safety Permit issued on January 18, 2006 by the State Environmental Protection
Administration (now the Ministry of Environmental Protection) and amended on December 6, 2008 by the Ministry of Protection of
the PRC.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Radiation Worker Permit</B>&rdquo;
means the radiation worker permit issued by the competent healthcare administrative authorities in the PRC for each medical technician
who operates medical equipment that contains radioactive materials or emits radiation during operation.</P>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Radiotherapy Permit</B>&rdquo;
means the radiotherapy permit issued by the relevant healthcare administrative authorities in the PRC pursuant to the Regulatory
Rules on Radiotherapy issued on January 24, 2006 by the Ministry of Health of the PRC.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Real Property</B>&rdquo; has
the meaning set forth in Clause 5 of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>SAFE</B>&rdquo; has the meaning
set forth in Clause 3 of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Sanctioned Country</B>&rdquo;
has the meaning set forth in Clause 3 of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>SEC Documents</B>&rdquo; has
the meaning set forth in Clause 3 of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>Target SEC Filings</B>&rdquo;
means the documents filed from time to time by Target with the SEC.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>U.S. Economic Sanctions</B>&rdquo;
has the meaning set forth in Clause 3 of this <U>Schedule 2</U>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;<B>US GAAP</B>&rdquo; means the
generally accepted accounting principles in the United States.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1.</TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Corporate Matters</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Organization, Good Standing and Qualification</U>. Each Group Member is duly incorporated and
organized, validly existing, in good standing, and in compliance with all registration and approval requirements in all material
respects. Each Group Member has the corporate power and authority to own and operate its Assets and properties and to carry on
its business as currently conducted.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Charter Documents</U>. The copies of the Articles and other charter documents of Target included
in the Target SEC Filings, are effective, have not been superseded and are true, correct and complete. All legal and procedural
requirements concerning the adoption of such charter documents have been duly and properly complied with in all respects.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 41; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><U>Group Structure</U>. The corporate chart set forth in Part D of <B>Schedule 1</B> is a true,
complete and accurate description of the corporate structure of Target and its Subsidiaries as at the date hereof.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><U>Capitalization and Other Particulars</U>. The particulars of each Group Member and each Control
Person set forth in Parts A, B and C of <B>Schedule 1</B> are a true, complete and correct description of the share capital of
each Group Member on the date hereof and on the Issuance Date. No Group Member is in violation of any term of or in default under
its certificate or articles of incorporation, memorandum and articles of association, by-laws, or their organizational charter
or other constitutional documents, respectively.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify"><U>Options, Warrants</U>. Except for the Note, restricted share units and options existing as of
the date hereof, there are no outstanding options, warrants, rights (including conversion or preemptive rights) or agreements for
the subscription or purchase from any Group Member of any Equity Securities of any Group Member. Except for the Existing Security
and Permitted Security, no shares of any Group Member, or shares issuable upon exercise of any outstanding options, warrants or
rights, or other shares issuable by any Group Member, are subject to Security Interest, preemptive rights, rights of first refusal
or other rights to subscribe for or purchase such shares (whether in favor of any Group Member or any other person), pursuant to
any agreement or commitment of any Group Member. The issuance and sale of the Notes shall not result in a right of any holder of
any securities of any Group Member to exercise any preemptive rights, rights of first refusals or other rights, or to adjust the
exercise, conversion, exchange or reset price under any of such securities. The issuance and sale of the Notes shall not obligate
any Group Member to issue shares or equivalents thereof or other securities to any person (other than Investor). All issued shares
of each Group Member are fully paid and non-assessable and have been issued in material compliance with all applicable federal
and state securities laws, and none of such issued shares were issued in violation of any preemptive rights or similar rights to
subscribe for or purchase securities. There are no shareholders&rsquo; agreements, voting agreements or other similar agreements
with respect to any Group Member&rsquo;s shares to which such Group Member is a party or between or among any of Group Members&rsquo;
shareholders.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify"><U>Subsidiaries</U>. Except as set forth in the corporate structure chart set forth in Part D of
<B>Schedule 1</B>, Target does not hold any Equity Securities of, or any direct or indirect interest of any kind in, any other
person.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD STYLE="text-align: justify"><U>Onshore Companies</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">Except as Disclosed in the Target SEC Filings, for each Onshore Company, each holder of record
of its registered capital have contributed in full its subscribed share of the entity&rsquo;s registered capital pursuant to the
articles of association and, as applicable, relevant joint venture contracts, and all such contributions have been verified and
certified by a Chinese registered public accountant according to applicable law, approved by all relevant Governmental Authorities
and fully paid, and verification certificates have been issued to each such holder of record or previous investor accordingly.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 42; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">All previous transfers or assignments of registered capital have been approved by the competent
Governmental Authorities and all necessary corporate action.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">Each Onshore Company conducts its business activities within the permitted scope of its business
or is otherwise operating its business in compliance in all material respects with all relevant legal requirements and with all
requisite licenses and approvals granted by competent PRC Governmental Authorities.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD STYLE="text-align: justify">All licenses and approvals requisite for the conduct of any part of each Onshore Company&rsquo;s
business which are subject to periodic renewal, have been or shall on a timely basis be obtained and to the best knowledge of Issuer
Parties, there are no grounds on which such requisite renewals shall not be granted by the competent PRC Governmental Authorities.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(v)</TD><TD STYLE="text-align: justify">Each Onshore Company is not in receipt of any letter or notice from any relevant PRC Governmental
Authority notifying revocation of any licenses issued to it for non-compliance or the need for compliance or remedial actions in
respect of the activities carried out by it.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(vi)</TD><TD STYLE="text-align: justify">Target maintains, or procures its relevant Subsidiary to maintain, Control over each Onshore Company
in all respects.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(h)</TD><TD STYLE="text-align: justify"><U>Corporate Records</U>. The registers of shareholders, resolutions and all other documents of
each Group Member required to be kept or filed with any relevant Governmental Authority under all applicable law have been properly
maintained, filed or submitted for filing in accordance with applicable law, and all resolutions required by applicable laws or
the charter documents of such Group Member then effective have been passed, have been passed in accordance with such applicable
laws and the charter documents of such Group Member (as the case may be).</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify"><U>No Immunity</U>. No property of any Group Member enjoys any right of immunity from set off,
suit or execution with respect to Issuer&rsquo;s and Group Members&rsquo; obligations under any Transaction Document (where relevant).</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(j)</TD><TD STYLE="text-align: justify"><U>Board Composition</U>. Save as Disclosed, Target is in compliance with all the requirements
of (i) the listing standards of the NYSE, (ii) the Sarbanes-Oxley Act of 2002 (including any and all applicable rules and regulations
promulgated by the SEC thereunder that are effective) and (iii) the Companies Law (2013 Revision) of the Cayman Islands and any
other applicable law, including such requirements related to (w) the composition of the Board, (x) the independent committees,
(y) the director independence and (z) the audit committee financial expert.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 43; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Authorization and Validity of Transactions</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Authorization</U>. Issuer Parties have the power and authority to execute, deliver and perform
the Transaction Documents which it has signed as a party. Except for the consent and/or waiver of Haitong as required under the
documents in relation to the Concurrent Financing, which will be obtained prior to the First Closing, all actions on the part of
Issuer Parties necessary for the authorization, allotment, issuance and delivery of the Notes has been taken or shall be taken
prior to the Closing.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Valid Issuance of Notes.</U> Each Note is duly authorized and validly issued and free of restrictions
on transfer other than restrictions on transfer described in <U>Exhibit A</U>, as the case may be, and any applicable securities
or corporate laws.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><U>Enforceability</U>. The Transaction Documents to which any Issuer Party is a party, when executed,
shall be valid and binding obligations of Issuer Parties, enforceable against Issuer Parties in accordance with their respective
terms, except where such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar
laws affecting creditors&rsquo; rights generally or general principles of equity.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><U>No Breach</U>. The execution and delivery by Issuer Parties of each of the Transaction Documents
to which it/he is a party and the implementation and performance by the foregoing entities of all the transactions contemplated
under such Transaction Documents do not and shall not:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">breach or constitute a default under any charter document of such entity or of the memorandum of
association, articles of association, by-laws or other constitutional document of such entity;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">result in a material breach of, or constitute a default under, or give rise to any right to any
person to declare a default under, any Material Contract to which such entity or individual is a party or by which such entity
or individual or its/his property or Assets is bound or result in the acceleration of any obligation of such entity or individual
(whether to make payment or otherwise) to any person; or</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">result in a violation or breach of or default under any law.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>LEGAL COMPLIANCE</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>No Violation of Law</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">Since the date of listing of the Target shares on the NYSE, no Group Member or to the best of knowledge
of the Issuer Parties, Partner, has been in violation of any applicable law or regulation in any material respect.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 44; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">Each Group Member and to the best of knowledge of the Issuer Parties, Partner, has at all times
carried on its business in compliance with all applicable laws, regulations and governmental guidance in all material respects.
To its best knowledge, none of Group Members or Partners, nor any Group Representative, nor any senior manager, has committed any
criminal offence or any breach of the requirements or conditions of any statute, treaty, regulation, by-law or other obligation
relating to it or the carrying on of its business.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">Since the date of listing of the Target shares on the NYSE, (a)&nbsp;the Target shares have been
designated for quotation on the NYSE; (b)&nbsp;trading in the Target shares has not been suspended by the SEC or the NYSE for more
than one Trading Day; (c)&nbsp;Target has received no communication, written or oral, from the SEC or the NYSE regarding the suspension
or delisting of its shares from the NYSE;&nbsp;(d)&nbsp;Target has never been subject to any administrative proceedings or investigation
by the SEC or the NYSE; and (e)&nbsp;the SEC or the NYSE has never imposed any penalty on Target which, in the case of foregoing
clauses (d)&nbsp;or (e) could reasonably be expected to have a material adverse effect on Target. To the best knowledge of Issuer
Parties, Target is not in violation of any of the rules, regulations or requirements of the SEC or the NYSE and has no knowledge
of any facts or circumstances that would reasonably lead to (x) delisting or suspension of the Target shares by the SEC or the
NYSE or (y) any administrative proceedings, investigation or penalty by the SEC or the NYSE on Target.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Permits and Regulations</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">Each&nbsp;Group Member and to the best of knowledge of the Issuer Parties, Partner, has all Permits
and has completed all material government registrations, licenses and consents necessary for the conduct of its business as currently
conducted and to own or use its material Assets, Real Property and Leased Real Properties as currently used.&nbsp;To Issuer Parties&rsquo;
best knowledge, no Group Member&nbsp;or Partner is in breach of or default under any such Permit, and there is no reason to believe
such Permit shall be suspended, cancelled or revoked.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<!-- Field: Page; Sequence: 45; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">Without limiting the generality of the foregoing, (a) all necessary approvals from Governmental
Authorities have been received to ensure that each Onshore Company shall continue to enjoy, to the extent permitted by applicable
law, all of the Tax clearances, concessions and other benefits available to such Onshore Company prior to the Issuance Date, or
otherwise available under applicable law to foreign investment enterprises similarly situated; (b) no Group Member or to the best
of knowledge of the Issuer Parties, Partner, has been subject to any administrative proceedings or investigation by the Ministry
of Health of the PRC&nbsp;to the best knowledge of Issuer Parties, nor has any penalty been imposed on any Group Member; and (d)
no Group Member or Partner is in breach of or default under any Permits in favor of the relevant Group Member or Partner, and there
is no reason to believe such Permits shall be suspended, cancelled or revoked, except where any such breach, default, suspension,
cancellation or revocation would not have a material adverse effect on the relevant Group Member.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><U>Governmental Inspection</U>. Each Group Member and Partner is under the supervision of the Ministry
of Health of the PRC, including the provincial level Department of Health. Each Group Member and to the best of knowledge of the
Issuer Parties, Partner, has passed all annual inspections and occasional inspections conducted by the relevant Governmental Authority,
whether evidenced by written documents issued by such Governmental Authority or not.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><U>Interference with Transaction</U>.&nbsp; There is no Governmental Authority and to the best
knowledge of Issuer Parties, no other person that has:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">requested any information in connection with or instituted or threatened in writing any legal proceedings,
arbitration or administrative proceedings or inquiry, regulatory inquiry against any Group Member to restrain, prohibit or otherwise
challenge the issuance of the Notes or any of the transactions contemplated under the Transaction Documents; or</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">proposed or enacted any statute or regulation that would prohibit, materially restrict or materially
delay implementation of the issuance of the Notes or adversely affect the operation of any Group Member after the completion of
such issuance.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify"><U>Ownership</U>.&nbsp; Except as Disclosed in the Target SEC Filings or in connection with the
Securitization, Target validly and legally owns, beneficially and of record, free and clear of any Security Interest, the equity
interests of its Subsidiaries.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify"><U>No Voidable Transaction</U>. To the best knowledge of Issuer Parties, there is no material transaction
to which any Group Member is or has been a party which may give rise to a claim for setting aside under any applicable statute
or legislation or otherwise howsoever.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 46; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD STYLE="text-align: justify"><U>Ethical Business Practices.</U></TD></TR>
</TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">None of Target, its Affiliates, or the Group Representatives has offered, paid, promised to pay,
or authorized the payment of any money, or offered, given, promised to give, or authorized the giving of anything of value: (a)
to any Government Official, or to any person under circumstances where Target, such Affiliate or such Group Representative knew
or had reason to know that all or a portion of such money or thing of value would be offered, given or promised, directly or indirectly,
to any Government Official, for the purpose of (1) influencing any act or decision of such Government Official in his official
capacity, (2) inducing such Government Official to do or omit to do any act in relation to his lawful duty, (3) securing any improper
advantage, or (4) inducing such Government Official to influence or affect any act or decision of any Government Entity, in each
case, in order to assist Issuer or any Affiliate in obtaining or retaining business for or with, or in directing business to, any
person, or (b) to any person, with the intention of influencing or rewarding such person for acting in breach of an expectation
of good faith, impartiality, or trust, or which it would otherwise be unlawful for the recipient to accept (collectively &ldquo;<B>Anti-Corruption
Prohibited Activities</B>&rdquo;). As used herein, &ldquo;<B>Government Entity</B>&rdquo; means any government (foreign or domestic,
including federal, national or regional government) or any department, agency or instrumentality thereof, including any entity
or enterprise owned or controlled by a government or a public international organization.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">As of the date of this Agreement, Issuer Group has Disclosed all facts known to it regarding (a)&nbsp;all
claims, damages, liabilities, obligations, losses, penalties, actions, judgments, and/or allegations of any kind or nature that
are asserted against, paid or payable by Target, any Affiliate or any Group Representative in connection with non-compliance with
FCPA or any other Anti-Corruption Laws by Issuer or any Affiliate or Group Representative, and (b)&nbsp;any investigations (by
Target or by any third parties) involving possible non-compliance with the FCPA or any other Anti-Corruption Laws by Target or
any Affiliate or Group Representative, and so far as Target is aware there are no circumstances which are likely to give rise to
any such claims, damages, liabilities, obligations, losses, penalties, actions, judgments, allegations and/or investigations.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(h)</TD><TD STYLE="text-align: justify"><U>Books and Records and Internal Controls</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">Each Group Member&nbsp;has made and kept&nbsp;books, records and accounts which, in reasonable
detail, accurately and fairly reflect their transactions and dispositions of assets in all material respects&nbsp;and in compliance
with all laws.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 47; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">Each Group Member has&nbsp;devised&nbsp;and maintained&nbsp;a system of internal accounting controls
sufficient to provide reasonable assurance that: (A)&nbsp;transactions are executed and access to assets is permitted only in accordance
with management&rsquo;s general or specific authorization; (B)&nbsp;transactions are recorded as necessary to permit preparation
of periodic financial statements and to maintain accountability for assets; (C)&nbsp;access to assets is permitted only in accordance
with management&rsquo;s authorization; and (D)&nbsp;the recorded accountability for assets is compared with the existing assets
at reasonable intervals and appropriate action is taken with respect to any differences.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify"><U>Anti-corruption Policies and Procedures.</U> Each Group Member has maintained such policies
and procedures in relation to corruption and business ethics as may be required under anti-bribery or anti-corruption laws applicable
to Group Member and generally accepted standards of business conduct and ethics including, where applicable, in relation to bribery,
gifts and entertainment, political contributions and monitoring, risk assessment and internal audit procedures.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(j)</TD><TD STYLE="text-align: justify"><U>Acquisitions.</U> There has been no material acquisitions by Issuer Group or any of its Affiliates
within the last forty eight (48) months.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(k)</TD><TD STYLE="text-align: justify"><U>Due Diligence on Officers, Employees and Agents</U>. Due diligence has been conducted prior
to the recruitment, hiring or appointment of any officers, employees or agents of any Group Member which would be reasonably adequate
to identify any Anti-Corruption Prohibited Activities previously committed by those individuals or entities.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(l)</TD><TD STYLE="text-align: justify"><U>Training</U>. All officers, employees and agents of Group Members have been provided with overall
training in relation to anti-corruption&nbsp;policies and guidelines&nbsp;and generally accepted standards of business conduct
and ethics.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(m)</TD><TD STYLE="text-align: justify"><U>Reporting Procedures</U>. Each Group Member has maintained procedures and mechanisms for the
internal reporting of actual or suspected Anti-Corruption Prohibited Activities, and any such reports have been (a) investigated,
and (b) disclosed to Investor.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(n)</TD><TD STYLE="text-align: justify"><U>U.S. Economic Sanctions</U>. None of Group Members is the target of any sanction administered
by the Office of Foreign Assets Control of the United States Treasury Department (&ldquo;<B>U.S. Economic Sanctions</B>&rdquo;).
None of Group Members makes any sales to or engages in business activities with, or for the benefit of, any persons and countries
that are subject to trade sanctions and economic embargo programs enforced by the U.S. Treasury Department&rsquo;s Office of Foreign
Asset Control including any &ldquo;Specially Designated Nationals and Blocked Persons&rdquo;, as of the date hereof and the list
of which can be found at: http://www.ustreas.gov/offices/enforcement/ofac/sdn/t11sdn.pdf or any government, national, resident
or legal entity of any other country with respect to which U.S. persons, as defined in the U.S. Economic Sanctions, are prohibited
from doing business (each a &ldquo;<B>Sanctioned Country</B>&rdquo;), and have no intentions or plans to make any such sales or
to engage in any such business.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 48; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(o)</TD><TD STYLE="text-align: justify"><U>Foreign Exchange</U>. None of Group Members is or has at any time been in violation of any applicable
law, regulation or any other requirements of law of any Governmental Authority with respect to any matter relating to foreign currency
exchange in any material respect, which violation would have a material adverse effect on Issuer. No controlling shareholder of
Issuer is a &ldquo;Domestic Resident&rdquo; as defined in Circular 37 (together with its implementing regulations, &ldquo;<B>Circular
37</B>&rdquo;) issued by the State Administration of Foreign Exchange (&ldquo;<B>SAFE</B>&rdquo;) in 2014, and no controlling shareholder
has violated Circular 37 or any other applicable SAFE rules and regulations.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(p)</TD><TD STYLE="text-align: justify"><U>Change of Law</U>. To Issuer Parties&rsquo; best knowledge, Issuer Parties are not aware of
any Governmental Authority or other person having proposed, enacted or changed, any law which could reasonably be expected to materially
and adversely affect the business of any Group Member or any portion hereof as currently conducted or contemplated to be conducted.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(q)</TD><TD STYLE="text-align: justify"><U>Absence of Government Official Economic Interest</U>. To Issuer Parties&rsquo; best knowledge,
no Government Official of the United States of America, PRC or Hong Kong (i) holds an ownership or other economic interest, direct
or indirect, in any Group Member or (ii) serves as a Group Representative in connection with any Anti-Corruption Prohibited Activities.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(r)</TD><TD STYLE="text-align: justify"><U>SEC Documents</U>. Target has timely filed or furnished all reports, schedules, forms, statements
and other documents required to be filed by it with the SEC pursuant to the reporting requirements of the 1934 Act (all of the
foregoing filed prior to the date hereof or prior to the Closing, and all exhibits included therein and financial statements, notes
and schedules thereto and documents incorporated by reference therein being hereinafter referred to as the &ldquo;<B>SEC Documents</B>&rdquo;)
required to be filed during the period commencing June&nbsp;30, 2015 and ended on the later of the date of this Agreement and the
Closing. As of their respective filing dates, the SEC Documents complied in all material respects with the requirements of the
1934 Act applicable to the SEC Documents, and none of the SEC Documents, at the time they were filed with the SEC, contained any
untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to
make the statements therein, in the light of the circumstances under which they were made, not misleading.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>4.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>ENVIRONMENTAL ISSUES</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Compliance with Environmental Laws</U>. Each Group Member and to the best of knowledge of the
Issuer Parties, Partner, is currently in compliance with all Environmental Laws in all material respects and is in possession of
all required environmental Permits.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Environmental Hazards</U>. There is no condition or circumstance in respect of any Group Member
or to the best of knowledge of the Issuer Parties, Partner, which poses a material risk of harm (other than in relation to product
safety or liability) to human health or safety, or the health of animals, plants or the environment.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 49; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>5.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Assets</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Title to Assets</U>.&nbsp; Except as Disclosed in the Target SEC Filings, the Assets included
in the Existing Financial Statements or acquired by any Group Member since the Latest Accounts Date and all other material Assets
currently used or employed by any Group Member are owned by the relevant Group Member free from Security Interest and are not the
subject of any leasing, hiring or hire-purchase agreement or agreement for payment on deferred terms or assignment or factoring
or other similar agreement, and all such material Assets are in the possession or under the control of the relevant Group Member.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Status of Assets</U>. Except as Disclosed in the Target SEC Filings, each Group Member owns
or has the right to use all Assets currently used by it in the conduct of its business as currently conducted. All material Assets
of each Group Member have been properly maintained and are in good working condition, and are in all respects in a condition that
is adequate for their intended uses, subject to continued repair and replacement in accordance with past practice. Target has sufficient
assets and resources to support its normal business operations as currently contemplated as at the Issuance Date, except as otherwise
caused by economic turmoil and/or force majeure events or other significant change in normal business operations beyond the control
of Issuer Group.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><U>Real Property</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">None of Group Members is, nor has it ever been, a United States real property holding corporation
within the meaning of Section 897 of Internal Revenue (the &ldquo;<B>Code</B>&rdquo;) and Issuer shall provide a statement to such
effect in accordance with the Code and the regulations thereunder upon the request of Investor.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">Except as Disclosed in the Target SEC Filings, the real property of the Issuer Group (the &ldquo;<B>Real
Property</B>&rdquo;) comprises all the land, buildings and premises (as well as the fixed attached thereto) currently owned, occupied
or used by Issuer Group or in respect of which Issuer Group has any estate, interest, right or title.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">Except as Disclosed in the Target SEC Filings, Issuer Group has proper legal title to the land
use rights and building ownership rights in respect of the Real Property (including possession of the land use rights certificates
and building ownerships certificates) and is, subject to compliance with all applicable laws of the PRC, entitled to transfer,
sell, mortgage or otherwise dispose of the Real Property and there are no occupancy rights or Security Interest in favor of third
parties affecting it.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 50; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD STYLE="text-align: justify">The original land grant fee for the land use rights of any Real Property was paid in full, and
no further amounts are currently owing in respect thereof. No other fees or other payments are owing under the relevant granted
land use rights contracts in respect of the Real Property. The relevant granted land use right contracts and the relevant land
registration card contain no restrictions on any Group Member to use the Real Property for which they are currently being used
by Issuer Group. For any land use rights allocated (but not granted) to any Group Member, such Group Member has complied with all
material restrictions set forth in the land use rights certificate for such allocated land use rights.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(v)</TD><TD STYLE="text-align: justify">There are no claims pending or to the knowledge of Issuer Parties, threatened that would result
in the creation of any Security Interest against any Real Property.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(vi)</TD><TD STYLE="text-align: justify">To the best knowledge of Issuer Parties, there are no zoning or other applicable laws currently
in effect that would prevent or limit any Group Member from conducting its operations on the Real Property as they are currently
conducted.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><U>Insurance.</U></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">All material Assets of Issuer Group and the Real Property that are of an insurable nature are insured
in reasonable amounts against such risks as are, in accordance with commercial best practice, normally insured against in the Hong
Kong or in the PRC, including risks normally covered by insurance taken out by companies carrying on the same type of business
or having similar assets as Issuer Group. Each of such insurances has been obtained from a well established and reputable insurer.
To the best knowledge of Issuer Parties, each Group Member and Partner has at all times been adequately covered against risks normally
covered by insurance taken out by companies carrying on the same type of business or having similar assets as Issuer Group in Hong
Kong and in the PRC. Nothing has been done or omitted to be done by or on behalf of any Group Member which would make any such
policy of insurance void or voidable or enable the insurers to avoid the same; there is no claim outstanding under any such policy;
and there are no facts or circumstances likely to give rise to such a claim. There are no overdue premiums in respect of the above
insurances.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">No Group Member has suffered any uninsured losses or waived any rights or claims of material or
substantial value with respect to any policy of insurance or allowed any insurance to lapse.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">No claim under any policy of insurance taken out in connection with the business or assets of any
Group Member&nbsp;is outstanding and to the best knowledge of Issuer Parties, there are no facts or circumstances likely to give
rise to such a claim.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 51; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify"><U>Leases</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">Investor has been provided with true and complete copies of all real property leases (the &ldquo;<B>Leases</B>&rdquo;)
in respect of real property used by Issuer Group that is not owned by Issuer Group (the &ldquo;<B>Leased Properties</B>&rdquo;).
Each of Group Members is in compliance in all material respects with the terms and conditions of each Lease to which it is a party.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">Each of Group Members has the right to use the Leased Properties leased to it in accordance with
the provisions of the relevant Lease. Each such Lease has been executed, and (if the Leased Property is located in the PRC) duly
registered with the housing administration in accordance with the relevant PRC regulations, and is valid and binding on the parties
thereto, all material rent and other sums and charges payable by such Group Member as tenant thereunder are current, no written
notice of default or termination under such Lease is outstanding, and to the best knowledge of Issuer Parties no termination event
or condition or uncured default on the part of such Group Member exists under such Lease. To the best knowledge of Issuer Parties,
there is no underlying mortgage, deed of trust, lease, grant of term or other estate in or interest affecting any Leased Properties
material to the operations of Issuer Group.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">The Leases contain no material restriction on business currently operated on such property or any
right for the lessor or landlord to terminate the lease prior to expiration of its term (unless the lessee defaults on rental payment,
breaches the lease terms or the lessee and the landlord fail to agree on the lease rental renewal terms).</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD STYLE="text-align: justify">All necessary consents for the grant of the Leases were obtained before such grant or transfer,
and the landlords named in the Leases were the registered legal and beneficial owners of the Leased Properties at the time of the
grant of the relevant Lease.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(v)</TD><TD STYLE="text-align: justify">None of Group Members has any ownership, financial or other interest in the landlord under any
Lease.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(vi)</TD><TD STYLE="text-align: justify">No notice of termination has been received by any Group Member from the landlord under any Lease
purporting to terminate such Lease, requesting or requiring the relevant Group Member to vacate the premises or requesting or requiring
any amendment to the terms of any Lease, and to the knowledge of each Group Member, no landlord has threatened or intends to deliver
any such notice.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 52; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify"><U>Condition and Operation of Improvements</U>. All components of all material buildings, structures,
fixtures and other improvements in, on or within the Real Property and Leased Properties are in reasonably good operating condition
and repair for use by the relevant Group Member in its business.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD STYLE="text-align: justify"><U>Inventory</U>. Each Group Member has good and marketable title to all Inventory used in its
business. All such Inventory is free from Security Interest and is in good condition.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(h)</TD><TD STYLE="text-align: justify"><U>Services</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">No Group Member or to the best of knowledge of the Issuer Parties, Partner, has ever been involved
in any administrative proceedings or investigation by any Governmental Authority and no Governmental Authority has imposed any
penalty on any Group Member or to the best of knowledge of the Issuer Parties, Partner.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">To the best knowledge of Issuer Parties, no Group Member has provided any services which are, were,
are likely to become, or are alleged to be, faulty or defective, or which do not comply with any warranties or representations
expressly or impliedly made by any Group Member, or with any relevant law.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">There is no action, suit, claim, inquiry, proceeding or investigation in any case by or before
any court or governmental body pending or, to the best knowledge of each Group Member threatened, against or involving the business
of any Group Member relating to any service supplied or alleged to have been supplied by any Group Member and alleged to have been
defective.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify"><U>Confidential Information</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">No Group Member uses any processes or is engaged in any activities which involve the misuse of
any Confidential Information belonging to any third party. All Group Members maintain the confidentiality of all personal information
regarding the Subscribers as is required by law and the Cord Banking Subscription Contract.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">To the best knowledge of Issuer Parties, no Group Member is in breach of any agreements and/or
arrangements under which Confidential Information belonging to any third party is made available to a Group Member or is aware
of the existence of any circumstances under which its right to use Confidential Information may be terminated.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 53; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">Issuer Parties are not aware of any actual or alleged misuse by any person of any Confidential
Information of the Group. No Group Member has disclosed to any person any of its Confidential Information except where such disclosure
was properly made in the normal course of its business and was made subject to an agreement under which the recipient is obliged
to maintain the confidentiality of such Confidential Information and is restrained from further disclosing it or using it other
than for the purposes for which it was disclosed by such entity or where the Confidential Information has been previously disclosed
in the public domain or pursuant to any law or court or government order.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>6.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Contracts and Transactions</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Validity of Contracts</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">No Group Member is in breach in any material respect of or has knowledge (actual or constructive)
of the invalidity of or grounds for rescission, avoidance or repudiation of any Material Contract nor has any Group Member received
written notice of any intention to terminate any such Material Contract.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">No party with whom any Group Member&nbsp;has entered into any Material Contract is in default thereunder
which default, individually or when aggregated with all other such defaults, would have a material adverse effect on Issuer. Each
Material Contract to which any Group Member is a party has been duly authorized, executed and delivered by such Group Member and
by each other party thereto and constitutes the valid and binding obligation of such Group Member and, to the actual knowledge
of Issuer Parties, of each other party thereto, enforceable against such Group Member and, to the actual knowledge of each of Issuer
Parties,&nbsp;against each other party thereto in accordance with its terms, except where such enforceability may be limited by
applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors&rsquo; rights generally and general
principles of equity.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">To Issuer Parties' best knowledge, no person that supplies any parts or any other materials necessary
for Issuer Group to conduct the Principal Business pursuant to a Material Contract with any Group Member has provided written notice
to any Group Member terminating such contract or providing notice of non-renewal pursuant to any automatic renewal provision thereunder
which may reasonably be expected to materially affect or cause material&nbsp;disruptions in the conduct of the Principal Business.
In addition, no person that currently supplies parts or materials to Issuer Group pursuant to a Material Contract has given written
notice to any Group Member or, to the knowledge of any Group Member, has given notice (whether or not in writing) to any Group
Member, alleging that any Group Member is in material breach of such contract, or terminating such contract or providing notice
of non-renewal pursuant to any automatic renewal provision thereunder, or advising any Group Member that such person intends to
materially reduce its sales of parts or materials pursuant to such contract, or to otherwise alter its business relationship with
the Group to the detriment of Issuer Group which may reasonably be expected to materially affect or cause material&nbsp;disruptions
in the conduct of the Principal Business.</TD></TR></TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 54; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD STYLE="text-align: justify"><U>Material Contracts</U>. Other than the Transaction Documents, documents in connection with the
Permitted Indebtedness, Existing Indebtedness and Existing Security and those Contracts as Disclosed in the Target SEC Filings,
no Group Member is a party to, or bound by as of the date such representation is being made, any Material Contract (as defined
below). The following Contracts shall be deemed to be &ldquo;<B>Material Contracts</B>&rdquo;:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">any Contract entered into otherwise than in the ordinary course of business, including the Service
Agreements with the Partners;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">any agreement or arrangement otherwise than by way of negotiation at arm&rsquo;s length having
a total contract value greater than US$10,000,000 (or its equivalent in other currencies);</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">any sale or purchase option or similar Contract or arrangement affecting any material Assets owned
or used by&nbsp;any Group Member&nbsp;or by which&nbsp;any Group Member&nbsp;is bound;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD STYLE="text-align: justify">any Contract which cannot readily be fulfilled or performed by any Group Member on time or without
undue or unusual expenditure of US$1,000,000;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(v)</TD><TD STYLE="text-align: justify">any Contract which Issuer Group does not have the technical and other capabilities or the human
and material resources to enable it to fulfill, perform and discharge all its outstanding obligations in the ordinary course of
business without realizing a loss of at least US$1,000,000 on closing of performance;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(vi)</TD><TD STYLE="text-align: justify">any Contract substantially restricting the freedom of any Group Member to provide and take goods
and services or to manage its own business affairs by such means and from and to such persons as it may from time to time think
fit;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(vii)</TD><TD STYLE="text-align: justify">any Contract pursuant to which (a) any Group Member incurs Indebtedness with the aggregate amount
of principal and interest payments greater than US$10,000,000 or (b) any Group Member provides any guarantee;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(viii)</TD><TD STYLE="text-align: justify">any Contract whereby any Group Member is, or has agreed to become, a member of any joint venture,
consortium or partnership or other unincorporated association;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 55; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ix)</TD><TD STYLE="text-align: justify">any Contract whereby any Group Member is, or has agreed to become, a party to any distributorship
or agency agreement;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(x)</TD><TD STYLE="text-align: justify">any Contract that is void, illegal, unenforceable or which contravene any applicable laws and regulations;</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(xi)</TD><TD STYLE="text-align: justify">any Contract that prohibits or materially restricts the sale, disposal or transfer of any Equity
Securities (or any interests therein) owned by Target;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(xii)</TD><TD STYLE="text-align: justify">any shareholder agreements, joint venture agreements or partnership agreements;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(xiii)</TD><TD STYLE="text-align: justify">any employment contracts or arrangements with senior managers of Target; or</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><U>Oral Contracts</U>. No Group Member is a party to any contract made orally that would be a Material
Contract or that is otherwise material to Issuer Group, taken as a whole.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><U>Contracts under Negotiation</U>. No Group Member is in the course of negotiating any Contract
that, if entered into, would be a Material Contract.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify"><U>Compliance with Laws</U>. There are no Contracts or obligations, agreements, arrangements or
concerted practices to which any Group Member is a party or by which any of Group Members is bound, and there are no practices
in which any of the Group Member is engaged, that are void, illegal, unenforceable or that contravene any applicable laws in any
material respect.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify"><U>No Breach</U>. With respect to each Material Contract to which any Group Member is party or
by which it is bound:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">such entity has duly performed and complied in all material respects with each of its obligations
thereunder;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">there has been no delay, negligence or other default on the part of such entity and no event has
occurred which, with the giving of notice or passage of time, may constitute a default thereunder;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">such entity is under no obligation which cannot be fulfilled, performed or discharged by it on
time and without undue or unusual expenditure or effort;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD STYLE="text-align: justify">such entity has the technical and other capabilities and the human and material resources to enable
it to fulfill, perform and discharge all its outstanding obligations in the ordinary course of business; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(v)</TD><TD STYLE="text-align: justify">there are no grounds for rescission, avoidance, repudiation or termination and such entity has
not received any notice of termination.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 56; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD STYLE="text-align: justify"><U>Change in Control</U>. Except as Disclosed in the Target SEC Filings, there are no agreements
concerning any Group Member that can be terminated or that have been terminated or under which the rights of any person are liable
to be materially adversely affected as a result of a change in control of any Group Member or in the composition of the board of
directors of a Group Member. There are no circumstances whereby, following a change in the control of any Group Member or in the
composition of the board of directors of a Group Member, any of the principal customers of or suppliers to any Group Member would
cease to remain customers or suppliers to the same extent and of the same nature as prior to the date hereof.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(h)</TD><TD STYLE="text-align: justify"><U>Adverse Transactions</U>. To Issuer Parties&rsquo; best knowledge, no act or transaction (including
the issuance and sale of the Notes) has been effected by any Group Member in consequence of which&nbsp;any Group Member is or may
be liable to (i) (1) refund the whole or part of any investment grant from any government or quasi-governmental body or other grant
received by virtue of any statute; (2) repay in whole or in part any government or local authority loan; or (3) lose the benefit
of any financial concession or Tax relief or Tax holiday accorded to any Group Member by any authority; or (ii) as a result of
which any grant for which application has been made by any Group Member&nbsp;will or may not be paid or will or may be reduced
pursuant to the present practice of the appropriate authority. All Tax rates applied to any Group Member are based upon the valid
application of relevant Tax law or binding policy, are not being and will not in future be challenged by any relevant Governmental
Authority, and no Group Member has suffered or will suffer any losses relating thereto.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify"><U>Finance Documents</U>. Other than as Disclosed in the Existing Financial Statements and Existing
Indebtedness and Permitted Indebtedness, there are no loans, guarantees, Security Interest or unusual liabilities given, made or
incurred by or on behalf of any Group Member (and, in particular but without limiting the foregoing, no loans have been made by
or on behalf of&nbsp;any Group Member to any directors or shareholders of&nbsp;any Group Member) and no person has given any guarantee
of or security for any overdraft, loan or loan facility granted to&nbsp;any Group Member.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(j)</TD><TD STYLE="text-align: justify"><U>Related Party Transactions</U>. Except as Disclosed in the Target SEC Filings, there are no
Contracts, understandings, transactions or proposed transactions between any Group Member on the one hand and any Related Party
on the other hand in excess of US$200,000. No Related Party is indebted to&nbsp;any Group Member, nor is such Group Member indebted
(or committed to make loans or extend or guarantee credit) to any Related Party, in either case in any amount exceeding US$200,000.
Except as Disclosed, no Related Party has any direct or indirect ownership in any business entity with which any Group Member is
affiliated or with which such Group Member has a business relationship, or any business entity that competes with such Group Member.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 57; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(k)</TD><TD STYLE="text-align: justify"><U>Authority to Enter into Contracts</U>. Other than the authority given to (i) board members,
officers or employees to enter into agreements in the normal course of their duties and (ii) authorized representatives and agents
to undertake certain governmental filings, no Group Member&nbsp;has given any powers of attorney or other authority express or
implied which is still outstanding or effective to any person to enter into any Contract or commitment to do anything on its behalf.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(l)</TD><TD STYLE="text-align: justify"><U>Brokers and Finders</U>. Issuer Parties have not retained and to the knowledge of Issuer Parties,
no other person has retained on behalf of Issuer Parties, any investment banker, broker, or finder and there are no fees or charges
due or payable to third parties in connection with the transactions contemplated by this Agreement.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>7.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Financial Matters</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>The Warranties in this Clause 7 are
subject to the effects of the Concurrent Financing.</U></P>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Financial Statements</U>. Each of the Existing Financial Statements has been prepared in accordance
with US GAAP, applied on a consistent basis, and shows a true and fair view of the state of affairs, assets and liabilities, financial
position and profit or loss of each of Target and its direct and indirect Subsidiaries (the &ldquo;<B>Covered Entities</B>&rdquo;)
in all material respects including (a) all transactions between or among Related Parties, (b) the compensation for all officers
and directors of each of the Covered Entities, (c)&nbsp;all of the existing Equity Securities, and (d) all bad and/or doubtful
account receivable and reserves therefor as at the respective dates thereof and for the periods covered thereby and are not affected
by any unusual or non-recurring items not covered therein. Without limiting the generality of the foregoing, all of the revenues
of each of the Covered Entities in each of their financial statements are timely and properly recorded in accordance with US GAAP
in all material respects.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>No Change in Critical Accounting Policy</U>. Except as Disclosed in the Target SEC Filings,
no change in the policies of accounting (aside from changes as required by and in conformity with US GAAP) has been made in preparing
the accounts of the Covered Entities for each of the previous three (3) financial years of the Covered Entities ended on the Latest
Accounts Date, except as stated in the accounts for such period.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><U>Changes in Net Assets</U>. Since the Latest Accounts Date and at all times up to the Issuance
Date, no material change has occurred to the assets and liabilities (whether actual or contingent) shown in the Existing Financial
Statements and there has been no material reduction in the value of the Assets of the Covered Entities.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><U>Depreciation</U>. The fixed assets of each Covered Entity covered in the Existing Financial
Statements have been or shall be, as applicable, depreciated in accordance with US GAAP. The value of each Asset has been properly
reflected in the Existing Financial Statements in all material respects.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 58; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify"><U>No Acceleration of Borrowings</U>. Except as Disclosed, no borrowing of any Covered Entity has
become or is now due and payable, or capable of being declared due and payable, before its normal or originally stated maturity
and no demand or other notice requiring the payment or repayment of money before its normal or originally stated maturity has been
received by such Covered Entity. No Covered Entity Member has committed any act or omitted to take any action that would entitle
any person to require the payment or repayment of any borrowing of any Covered Entity before its normal or originally stated maturity.
To the best knowledge of Issuer Parties, no event or circumstance has occurred, or may occur with the giving of notice or lapse
of time, determination of materiality or satisfaction of any other condition, such as to entitle any person to require the payment
or repayment of any borrowing of any Covered Entity before its normal or originally stated maturity or which is or shall be such
as to terminate, cancel or render incapable of exercise any entitlement to draw money or otherwise exercise the rights of any Covered
Entity under an agreement relating to any borrowing.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify"><U>Provision and Reserve</U>. Except as Disclosed, appropriate provision or reserve has been made
by Target in the Existing Financial Statements (i)&nbsp;for all Taxes, including deferred or provisional taxation in respect of
the accounting period ended on or before the Latest Accounts Date, as the case may&nbsp;be, for which&nbsp;any Covered Entity was
then or might at any time thereafter become or has become liable including (without limitation) Taxes; and (ii)&nbsp;for all capital
or material commitments including but not limited to bad debts and inventory provisions and doubtful account receivables, and all
Liabilities are duly noted in the Existing Financial Statements.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD STYLE="text-align: justify"><U>Accounts Receivable</U>. Except as Disclosed, none of the amounts shown in the Existing Financial
Statements in respect of accounts receivable is represented by debts which were then or are now overdue for payment and none of
the same has been released or settled for an amount less than that shown in the Existing Financial Statements. All of the&nbsp;current
and non-current accounts receivables&nbsp;of each Covered Entity, whether shown in the Existing Financial Statements or arising
since the Latest Accounts Date, are valid and enforceable and have realized or&nbsp;shall&nbsp;in aggregate realize the nominal
amount thereof. All of the accounts receivable of each Covered Entity, whether shown in the Existing Financial Statements or arising
since the Latest Accounts Date arose from bona fide sales in the ordinary course of business, on trade terms consistent with Issuer
Group&rsquo;s past practices. There are no material asserted claims or refusals to pay by third parties with respect to such accounts
receivable.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 59; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(h)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Financial
                                         Obligations</U>. Except as Disclosed in the Target SEC Filings, there are at the date
                                         hereof:</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">no loans, guarantees, material undertakings, material commitments on capital account or unusual
liabilities, actual or contingent, made, given, entered into or incurred by or on behalf of any Group Member;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">no mortgages, charges, liens or other Security Interest on the Assets of any Group Member or any
part thereof; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">no outstanding loan capital or other loans to any Group Member.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify"><U>Increase in Amounts Secured</U>. Except as Disclosed, none of the amounts secured by the mortgages,
charges, liens or other Security Interest disclosed in the Existing Financial Statements has been increased in an amount in excess
of US$500,000 beyond the amounts shown in the Existing Financial Statements and none of the amounts secured by any mortgage, charge,
lien or other encumbrance created after the Latest Accounts Date, has been increased beyond the amount disclosed to Investor as
of the date hereof.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(j)</TD><TD STYLE="text-align: justify"><U>Books and Financial Records</U>. All the accounts, books, registers, ledgers and financial and
other material records of whatsoever kind of each Group Member have been fully properly and accurately kept and completed in all
material respects; there are no inaccuracies or discrepancies of any kind contained or reflected therein; and they give and reflect
a true and fair view of the financial, contractual and trading position of Issuer Group and of its facilities and machinery, fixed
and current assets and liabilities (actual and contingent), debtors, creditors and work-in-progress.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(k)</TD><TD STYLE="text-align: justify"><U>Special Financial Arrangements</U>. Except as Disclosed in the Target SEC Filings, Issuer Group
has not factored any of its debts or entered into any financing arrangement of a type which would not require to be shown or reflected
in the Existing Financial Statements including without limitation any factoring of any debt, creation of any contingent liability
or provision of any guarantee.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(l)</TD><TD STYLE="text-align: justify"><U>Distribution</U>. All amounts paid or otherwise distributed by any Group Member to its direct
or indirect equity holders (other than to another Group Member) for dividend, distribution, share redemption or repurchase or similar
transactions have been paid or otherwise distributed in compliance with all legal and accounting requirements. From the Latest
Accounts Date to the Issuance Date, no Group Member has distributed any dividends or made any other distributions of any sort whatsoever
to any of its equity holders.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(m)</TD><TD STYLE="text-align: justify"><U>No Disagreements with Accountants or Lawyers</U>. There are no material disagreements of any
kind presently existing, or reasonably anticipated by Issuer to arise, between Issuer and the accountants or lawyers formerly or
presently employed by Target and Target is current with respect to any fees owed to its accountants and lawyers which could affect
Target&rsquo;s ability to perform any of its obligations under any of the Transaction Documents.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 60; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(n)</TD><TD STYLE="text-align: justify"><U>Solvency</U>. Based on the consolidated financial condition of Issuer Group as of the Issuance
Date, the current cash flow of Target and the cash it would receive if it were to liquidate all of its assets as of the Issuance
Date, after taking into account all anticipated uses of the cash, would be sufficient to pay all amounts on or in respect of its
Liabilities when such amounts are required to be paid. The Target does not intend to incur debts beyond its ability to pay such
debts as they mature (taking into account the timing and amounts of cash to be payable on or in respect of its debt). The Target
has no knowledge of any facts or circumstances relating to Issuer Group which lead it to believe that it will file for reorganization
or liquidation under the bankruptcy or reorganization laws of any jurisdiction within one (1) year from the Issuance Date.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(o)</TD><TD STYLE="text-align: justify"><U>Holding Group Liabilities</U>. Issuer and Merger Sub have no liability or obligation, absolute
or contingent (individually or in the aggregate), except obligations and liabilities incurred after the date of incorporation in
the ordinary course of business that are not material, individually or in the aggregate, and the obligations contemplated under
the Transaction Documents and obligations contemplated under the Existing Indebtedness and Permitted Indebtedness.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>8.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Tax, Records and Returns</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Compliance with Laws</U>. No Group Member is or has at any time been in violation of any applicable
law or regulation regarding Tax which may result in any liability or criminal or administrative sanction or otherwise have a material
adverse effect on any Group Member, other than such violation that has been rectified or resolved and does not have any pending,
or possible future, liability or criminal or administrative sanction or otherwise.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Tax Returns and Payments</U>.&nbsp; Each&nbsp;Group Member&nbsp;has duly and timely filed all
Tax returns as required by law, and such Tax returns are true and correct as of the time of filing. Each Group Member has paid
all Taxes when due and none of them is or shall become liable to pay any fine, penalty, surcharge or interest in relation to Tax.
Each Onshore Company has duly obtained all tax invoices containing reasonable details as is required by applicable laws.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><U>Deductions and Withholdings</U>. Each Group Member has made all deductions and withholdings
in respect, or on account, of any Tax from any payments made by it which it is obliged or entitled to make and has duly and timely
accounted in full to the appropriate Governmental Authority for all amounts so deducted or withheld.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(d)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Tax
                                         Avoidance Transactions</U>. No Group Member has entered into or been engaged in or been
                                         a party to any transaction which is artificial or fictitious or any transaction or series
                                         of transactions or scheme or arrangement of which the main or dominant purpose or one
                                         of the main or dominant purposes was the avoidance or deferral of or reduction in the
                                         liability to Tax of&nbsp;any Group Member.</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 61; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify"><U>Preferred Tax Treatments</U>. All material exemptions, reductions and rebates of Taxes granted
to any Group Member by a Governmental Authority are in full force and effect and have not been terminated. The transactions contemplated
under the Transaction Documents shall not, and to the best knowledge of Issuer Parties there is no other circumstance or event
that shall, result in any such exemption, reduction or rebate being cancelled or terminated, whether retroactively or for the future.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify"><U>Tax Audits and Assessments</U>. No unresolved deficiencies with respect to any Tax returns filed
by any Group Member (or any other Taxes for which any Group Member may be liable) have been proposed or assessed against or with
respect to any Group Member (and there is no outstanding audit, assessment, dispute or claim concerning any material Tax liability
of any Group Member pending or raised), in each case by any Governmental Authority in writing to any Group Member, except with
respect to matters for which adequate reserves have been established in accordance with US GAAP.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD STYLE="text-align: justify"><U>Certain Activities</U>. Unless Investor has been notified otherwise, as at the date hereof:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">no election has been filed in accordance with US Treasury Regulations Section 301.7701-3 with regard
to the US tax classification of Issuer or any Group Member;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">neither Issuer nor any Group Member is engaged in US trade or business under US federal income
tax principles.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(h)</TD><TD STYLE="text-align: justify"><U>Pass-through</U>. The Target is a taxable corporation and not a pass-through entity for the
purposes of taxation laws of the United States.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify"><U>US Federal Income Tax</U>. The Target is not subject to&nbsp;United States&nbsp;federal income
tax at present, or as a result of the transaction which reincorporated Target outside of the&nbsp;United States of America.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(j)</TD><TD STYLE="text-align: justify"><U>PFIC</U>. To Issuer Parties&rsquo; best knowledge, the Target does not generate passive income
or hold passive assets sufficient for it to be treated as a passive foreign investment company (&ldquo;<B>PFIC</B>&rdquo;) as that
term is defined in section 1297(a) of the US Internal Revenue Code.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(k)</TD><TD STYLE="text-align: justify"><U>No Withholding on Purchase or Sale of the Notes by Investor</U>. No withholding of any Tax imposed
by the PRC or any political subdivision or authority thereof shall be required (and no PRC Tax shall otherwise be payable) with
respect to (i) the initial purchase of the Notes by Investor, (ii)&nbsp;the redemption or conversion thereof, (iii) any payment
to Investor thereon or under any Transaction Document or (iv) the sale of any Note, or any share received upon conversion or exercise
thereof, by Investor, in each case so long as Investor does not hold the Notes or shares, as applicable, through a permanent establishment
in the PRC.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<!-- Field: Page; Sequence: 62; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(l)</TD><TD STYLE="text-align: justify"><U>PRC Tax</U>. To Issuer Parties' best knowledge, the execution and performance by each party
thereto of each Transaction Document, and the ordinary business operations of each Group Member other than the Onshore Companies,
does not give rise to any Tax Liability within the PRC.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(m)</TD><TD STYLE="text-align: justify"><U>Effect of Transaction</U>. The execution and performance of the transactions contemplated by
this Agreement or any other Transaction Document, or the carrying out of any transaction pursuant to any provision of any Transaction
Document, shall not (i) result in any Tax treatment, benefits or exemptions enjoyed by Issuer Group under applicable laws or otherwise
being eliminated or reduced, (ii) result in any Tax-related Losses to Issuer Group, or (iii) render Issuer Group liable for any,
or any additional, Tax except as specifically contemplated in the transaction.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(n)</TD><TD STYLE="text-align: justify"><U>Tax Residency Maintained</U>. Each Group Member has maintained sufficient commercial substance
and has been properly managed in a manner that it is treated as a tax resident only in its respective country of incorporation.
Each Group Member has maintained its central management and control, and in particular, the place where the directors meet to conduct
the business is in its jurisdiction of incorporation. No Group Member incorporated outside the PRC has been managed or controlled
from within the PRC, has maintained its books and records within the PRC, or otherwise has been managed in a manner that may cause
any Governmental Authority in the PRC to challenge the tax residency of such Group Member or to disregard any entity under the
PRC&rsquo;s general anti-tax avoidance rules.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>9.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Operations</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Changes Since Latest Accounts Date</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify"><U>General Changes</U>. Since the Latest Accounts Date:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(1)</TD><TD STYLE="text-align: justify">the business of Issuer Group has been carried on in the ordinary course and so as to maintain the
same as a going concern in all material aspects; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(2)</TD><TD STYLE="text-align: justify">there has been no adverse change in any material respect the financial position or trading prospects
of Issuer Group.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify"><U>Specific Changes</U>. Except where necessary to perform its obligations under the Transaction
Documents, the Existing Indebtedness and Permitted Indebtedness, since the Latest Accounts Date:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(1)</TD><TD STYLE="text-align: justify">no Group Member has assumed or incurred any Liabilities (actual or contingent) or expenditure otherwise
than in the ordinary course of carrying on its business or entered into any transaction which is not in its ordinary course of
business;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 63; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(2)</TD><TD STYLE="text-align: justify">no amount secured by the mortgages, charges or Security Interest disclosed in the accounts and
management accounts has been increased beyond the amount shown in the accounts and management accounts and no mortgage, charge
or Security Interest has been created since the Latest Accounts Date other than in the ordinary course of business;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(3)</TD><TD STYLE="text-align: justify">to the best knowledge of Issuer Parties, no business of any Group Member has been adversely affected
by the loss of any important contract or group of customers or source of supply or by any abnormal factor not affecting related
businesses similar to any Group Member to a like extent and Issuer Parties are not aware of any facts which are likely to give
rise to any such effects;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(4)</TD><TD STYLE="text-align: justify">no Group Member has changed its existing auditor;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(5)</TD><TD STYLE="text-align: justify">no dividends or distributions have been declared, paid or made;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(6)</TD><TD STYLE="text-align: justify">no Group Member has ceased to conduct or carry on its business, approved the development of any
new line of business changed any part of its business activities;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(7)</TD><TD STYLE="text-align: justify">no Group Member has terminated any senior manager;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(8)</TD><TD STYLE="text-align: justify">no Group Member has entered into any joint venture or partnership with any person;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(9)</TD><TD STYLE="text-align: justify">no Group Member has settled, compromised or conceded any litigation, legal proceedings, arbitration,
mediation or other dispute resolution procedures involving an amount, individually or in the aggregate, exceeding US$200,000;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(10)</TD><TD STYLE="text-align: justify">no Group Member has changed its financial year end or accounting policies (aside from changes as
required by and in conformity with US GAAP) ;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(11)</TD><TD STYLE="text-align: justify">save for resolutions copies of which have been delivered to Investor prior to the date hereof or
which are required to be passed by any Group Member prior to the Closing in order to satisfy the conditions set out in the Transaction
Documents, no board or shareholders&rsquo; resolutions of any Group Member have been passed;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(12)</TD><TD STYLE="text-align: justify">there has not been any waiver or compromise granted by any Group Member of a valuable right or
of a material debt owing to it;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(13)</TD><TD STYLE="text-align: justify">there has been no change to or waiver of any right under any Material Contract; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 64; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(14)</TD><TD STYLE="text-align: justify">there has been no agreement or commitment by any Group Member to do any of the things described
in clauses (1) through (13) above.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Current Operations</U>. To the best knowledge of Issuer Parties, there is no existing fact or
circumstance that may have a material adverse effect on the ability of&nbsp;any Group Member to conduct its business as currently
conducted or contemplated to be conducted.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><U>Business</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">Since the Latest Accounts Date:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(1)</TD><TD STYLE="text-align: justify">no Partner has terminated, or indicated in writing any intention to terminate, any Service Agreement
with the relevant Group Member prior to the expiration of its term; no Group Member or, to the best of knowledge of Issuer Parties,
Partner, is in breach of or has knowledge (actual or constructive) of the invalidity of or grounds for rescission, avoidance or
repudiation of any Service Agreement; to the best knowledge of Issuer Parties, there has not been any event since the Latest Accounts
Date that may cause any Service Agreement to be terminated by a party thereto prior to expiration of its terms;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(2)</TD><TD STYLE="text-align: justify">there has been no material negative publicity in any media relating any Group Member or to the
best of knowledge of the Issuer Parties, Partner, which would have a&nbsp;material adverse effect on the ability of any Group Member
or Partner to conduct its business as currently conducted; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">Each Group Member has fully performed its&nbsp;obligations&nbsp;under each Service Agreement in
all material aspects.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">All the service fee or other expense fees charged by Group Members or to the best of knowledge
of the Issuer Parties, Partner, in its business or operation have not been revoked, revised or challenged (in writing) by any Governmental
Authority.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>10.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Employees</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Status of Employees</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">No Group Member&nbsp;is the subject of any strike, collective work stoppage&nbsp;or other material
labor issue.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">Each&nbsp;Group Member&nbsp;has complied with all applicable laws regarding employees, employee
benefits, employee safety and labor matters for all employees of&nbsp;Issuer Group in all material respects. Each of the Onshore
Companies has made all mandatory contributions to employee social insurance in accordance with applicable PRC laws, and none of
the Onshore Companies has material outstanding and overdue legal obligations to provide any other actual or contingent employee
benefits or perquisites to any present or past employees, whether permanent or temporary, of such company; there are no past, present
or reasonably anticipated future events, conditions, circumstances, activities, practices, actions, omissions or plans that could
reasonably be expected to give rise to any material costs or liabilities to any of the Onshore Companies under, or to interfere
with or prevent compliance by any of the Onshore Companies with, any labor laws or regulations in the PRC.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 65; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">All the employees and other staff employed by each Group Member are certified and qualified in
accordance with relevant laws, regulations and governmental guidance in accordance with applicable laws.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Employment Agreements and Compensation Arrangements</U>. Except as required by law or as Disclosed
in the Target SEC Filings, no Group Member&nbsp;is a party to or is bound by any currently effective employment contract (other
than contracts that can be terminated on an at-will basis), deferred compensation agreement, pension, provident, superannuation,
life assurance, disability or other similar schemes or arrangements, bonus plan, incentive plan, profit sharing plan, retirement
agreement or other employee compensation agreement.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><U>Status of Employees</U>. To the best knowledge of Issuer Parties, no senior manager has indicated
that he or she intends to terminate their employment with any Group Member. Subject to general principles related to wrongful termination
of employees or as Disclosed in Target SEC Filings, the employment of each officer and employee of the&nbsp;Group&nbsp;is terminable
at will by its respective employer.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><U>Withholding Tax</U>. All material amounts required to have been withheld by Issuer Group with
respect to employee salaries (including employees who have been treated as consultants) have been withheld.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify"><U>Trade Union</U>. Unless otherwise required by law, no Group Member has any agreement or other
arrangement (binding or otherwise) with any trade union or other body representing its employees or any of them nor does it recognize
any trade union or other body representing its employees or any of them for negotiating purposes.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B></B></FONT></P>

<!-- Field: Page; Sequence: 66; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>11.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Claims and Proceedings</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>No Litigation</U>.&nbsp;No Group Member&nbsp;is engaged in or has been notified in writing that
it is the subject of any litigation, arbitration or administrative or criminal proceedings (collectively, &ldquo;<B>Litigation</B>&rdquo;),
whether as plaintiff, defendant or otherwise, which may give rise to a claim equal to or more than US$1,000,000 against such Group
Member. To the best knowledge of Issuer Parties, none of the shareholders or equity interest holders of Target or the directors
and legal representatives of Issuer Group&nbsp;is engaged in or has been notified that it is the subject of any Litigation, whether
as plaintiff, defendant or otherwise, which has had or may have a material adverse effect on any Group Member.&nbsp;There is no
judgment, decree, or order of any court in effect against any Group Member, and&nbsp;no Group Member is in default with respect
to any order of any Governmental Authority to which it is a party or by which it is bound.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>No Pending Proceedings</U>. No Litigation is pending or, to the best knowledge of Issuer Parties,
threatened, against any Group Member. To the best knowledge of Issuer Parties, there are no facts or circumstances likely to give
rise to any Litigation against any Group Member or any such Litigation against any shareholder or any director, officer or agent
of&nbsp;any Group Member.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><U>No Undertaking; No Injunction</U>. No Group Member, and no shareholder, director, officer or
agent of any Group Member is party to any undertaking or assurance given to any Governmental Authority in relation to any investigation
by any Governmental Authority or the subject of any injunction relating to such Group Member&rsquo;s&nbsp;business that is still
in force.</TD></TR></TABLE>

<P STYLE="margin: 0">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><U>No Insolvency</U>. No order has been made and no resolution has been passed for the winding
up or liquidation or dissolution of any Group Member or to the best of knowledge of the Issuer Parties, Partner. No distress, execution
or other process has been levied on the whole or a substantial part of the assets of&nbsp;any Group Member. No Group Member is
insolvent or unable to pay its debts as they fall due.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify"><U>No Investigation or Inquiry</U>. To the best knowledge of Issuer Parties, no Group Member or
Partner&nbsp;is the subject of any investigation or inquiry by any Governmental Authority and there are no facts which are likely
to give rise to any such investigation or inquiry.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>12.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Intellectual Property</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>Proper Acquisition</U>. True and complete details of all Intellectual Property owned by each
Group Member (including all Intellectual Property subsisting in the brands) are Disclosed in the Target SEC Filings. Except as
Disclosed in the Target SEC Filings, No Group Member uses any other third party Intellectual Property.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Ownership</U>. In respect of all Intellectual Property used by Issuer Group, except as Disclosed
in the Target SEC Filings the relevant Group Member either (i) exclusively owns all right, title and interest in and to such Intellectual
Property and has the right to sell, assign and transfer such Intellectual Property; or (ii) holds such Intellectual Property under
a valid license, the terms of which have not been breached by such Group Member.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 67; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><U>No Infringement</U>. To the best knowledge of Issuer Parties:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">The processes and methods employed, the services provided, the businesses conducted, and the products
manufactured, distributed, used or dealt in by any Group Member and Partner do not, or at the time of being employed, provided,
conducted, manufactured, distributed, used or dealt in did not infringe the rights of any other person in any Intellectual Property.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">There is not, nor has there been at any time, any unauthorized use, conflict, violation, dilution
or infringement by any person, or any right of sublicense or other Security Interest in favor of any person, of any of the Intellectual
Property owned or otherwise required for the business of any Group Member.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">No Intellectual Property used by Issuer Group or the use, practice or exploitation of any of the
Intellectual Property used by Issuer Group infringes, conflicts with, violates or dilutes any Intellectual Property rights owned
by any person; and there is no claim or action or proceeding pending or, to the best of the knowledge of Issuer Parties, threatened
against any Group Member with respect to any such Intellectual Property or the ownership, use, validity or enforceability thereof.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase"><B>13.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Disclosure</B></FONT></TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><U>No Misrepresentation</U>. No representation, warranty or statement by Issuer Parties in this
Agreement, any other Transaction Document, or in any Exhibit, Schedule, Appendix, statement or certificate furnished to Investor
pursuant to any Transaction Document, contains any untrue statement of a material fact or omits to state a material fact necessary
to make the statements made herein, in the light of the circumstances under which they were made, true, accurate and not misleading
in any material respect.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><U>Accuracy of Information Provided</U>. All written information given to Investor and their professional
advisers by Issuer or by any of the directors or professional advisors of Issuer was when given and is at the date hereof true,
complete and accurate in all material respects and not materially misleading.<B> </B></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 68; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">S-2-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>EXHIBIT A</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM OF PROMISSORY NOTE</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"></p>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border: Black 1pt solid; padding: 5.4pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>THIS NOTE HAS NOT BEEN REGISTERED UNDER THE LAWS OF ANY APPLICABLE JURISDICTION.&nbsp;&nbsp;THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED, OR OTHERWISE TRANSFERRED UNLESS SUCH APPLICABLE SECURITIES LAWS ARE COMPLIED WITH.</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PROMISSORY NOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>OF</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Morgancreek
Investment Holdings Limited</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">[US$_________________]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">___________, 201__</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">FOR VALUE RECEIVED, Morgancreek Investments
Holdings Limited<B>, </B>a BVI business company incorporated with limited liability under the laws of the British Virgin Islands
with registered office at P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands (&ldquo;<B>Issuer</B>&rdquo;),
promises to pay to<B> </B>Blue Ocean Structure Investment II Company Limited, a BVI business company incorporated with limited
liability under the laws of the British Virgin Islands with registered office at P.O. Box 957, Offshore Incorporations Centre,
Road Town, Tortola, British Virgin Islands (&ldquo;<B>Investor</B>&rdquo;), the principal sum of [______________] UNITED STATES
DOLLARS (US$[______________]) (the &ldquo;<B>Investment Amount</B>&rdquo;), or such lesser amount as shall equal the outstanding
principal amount, together with interest from the date hereof (the &ldquo;<B>Issuance Date</B>&rdquo;) on the unpaid principal
balance accrued under the terms and conditions set forth in Article 2. Subject to terms of this Note, all unpaid principal, together
with any then unpaid and accrued interest and other amounts payable hereunder, shall be due and payable on the Redemption Date
(as defined below).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BACKGROUND</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.5in; text-align: left">(A)</TD><TD STYLE="text-align: justify">This Note is issued pursuant to, and in accordance with,
the Financing provided by Investor under the note subscription agreement dated February 9, 2017 between Issuer, Mr. Jianyu Yang,
a resident of the People&rsquo;s Republic of China (the &ldquo;<B>PRC</B>&rdquo;, and solely for the purpose of this Note, excluding
Hong Kong, Macau Special Administrative Region and Taiwan) (&ldquo;<B>Founder</B>&rdquo;), Investor and the Fund (the &ldquo;<B>Note
Subscription Agreement</B>&rdquo;);</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.5in; text-align: left">(B)</TD><TD STYLE="text-align: justify">Issuer is the largest shareholder of Concord Medical Services
Holdings Limited (&ldquo;<B>Target</B>&rdquo; or &ldquo;<B>CCM</B>&rdquo;), a Cayman Islands company with the principal executive
office at 18/F, Tower A, Global Trade Center, 36 North Third Ring Road East, Dongcheng District, Beijing 100013, PRC, whose share
are listed on the New York Stock Exchange (the &ldquo;<B>NYSE</B>&rdquo;), directly holding approximately 45.4% of Target&rsquo;s
issued and outstanding share capital;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"></P>

<!-- Field: Page; Sequence: 69; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.5in; text-align: left">(C)</TD><TD STYLE="text-align: justify">On July 11, 2016, Issuer, Founder and Blue Ocean Management
Limited submitted a preliminary, non-binding proposal to Target&rsquo;s board of directors to acquire all of the outstanding ordinary
shares (including ordinary shares represented by Target&rsquo;s American depositary shares) of Target not already owned by Issuer
(the &ldquo;<B>Privatization</B>&rdquo;). At the completion of the Privatization, all of the share capital of Target will be directly
owned by Issuer. In connection with the Privatization, Issuer will purchase all Equity Securities of Target in compliance with
all applicable laws and regulations, and cause Issuer or its wholly-owned subsidiary to be established to merge with and into
Target by way of a short-form merger pursuant to &sect; 233(7) of the Companies Law of the Cayman Islands (the &ldquo;<B>Merger</B>&rdquo;);</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.5in; text-align: left">(D)</TD><TD STYLE="text-align: justify">In consideration of Investor&rsquo;s agreement to provide
the Investment Amount, each of Issuer and Founder is providing certain guarantees and undertakings under the Security Arrangement;
and</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.5in; text-align: left">(E)</TD><TD STYLE="text-align: justify">The parties have agreed that, if and when the Privatization
is completed, Investor will have the right to acquire the ownership interest in Issuer (the &ldquo;<B>Restructuring</B>&rdquo;)
under the terms of a restructuring agreement (the &ldquo;<B>Restructuring Agreement</B>&rdquo;) substantially in the form set
forth in <B>Annex A</B>, which the parties agree to enter into at the completion of the Privatization.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following is a statement of the rights
of Investor and the conditions to which this Note is subject, and to which Investor, by the acceptance of this Note, agrees:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>Article
1</B></FONT><B><BR>
Definitions</B></P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
1.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Certain Defined Terms</U>. As used in this Note,
the following capitalized terms shall have the following meanings:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>A/B Exchange</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Acceleration in
the Concurrent Financing</B>&rdquo; is an event, or a sequence of events, that constitutes an Optional Redemption Event under Section
4.3(h).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Affiliate</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Anti-Corruption
Laws</B>&rdquo; shall have the meaning given to it under schedule 2 - Definition of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Articles</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Bank Financing</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>business day</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 70; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>CAGP III Co-Investment
Shares</B>&rdquo; shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>CAGP III Shares</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Closing</B>&rdquo;
shall have the meaning given to it under section 2.2(c) of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Concurrent Financing</B>&rdquo;
shall have the meaning given to it in the Recitals of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Control</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Equity Securities</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Financing</B>&rdquo;
shall have the meaning given to it in the recital of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>First Closing</B>&rdquo;
shall have the meaning given to it under section 2.2(a) of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Founder&rsquo;s
Letter</B>&rdquo; shall have the meaning given to it under section 5.5 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Haitong</B>&rdquo;
shall have the meaning given to it in the Recitals of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Hong Kong</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Interest Rate Increase
in the Concurrent Financing</B>&rdquo; is an event, or a sequence of events, that constitutes an Optional Redemption Event under
Section 4.3(g).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Involuntary Insolvency
Event</B>&rdquo; means Issuer or any Group Member, without consent of the board of directors of Issuer or such Group Member, as
the case may be, (i) becomes the subject of any case, proceeding or other action under any bankruptcy, insolvency or similar law
(A) seeking to have an order of relief entered with respect to it or seeking to adjudicate it a bankrupt or insolvent, or (B) seeking
reorganization, arrangement, adjustment, winding up, liquidation, dissolution, composition or other relief with respect to it or
its debts or (C) seeking the appointment of a receiver, trustee, custodian or other similar official for it or all or any substantial
part of its assets and (ii) an order for relief entered or such proceeding shall not be dismissed or discharged within 30 days
of commencement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Issuer Group</B>&rdquo;
and &ldquo;<B>Group Member</B>&rdquo; shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 71; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Liquidation Event</B>&rdquo;
means Target ceases to own all or substantially all of its existing assets or operate its existing business, whether as a result
of (i) a sale, lease, transfer, exclusive license or other disposition, directly or indirectly, of all or substantially all of
the assets of Target without the prior written consent of Investor or (ii)&nbsp;a liquidation, dissolution or winding up of Target
or (iii) any amalgamation, consolidation, reorganization, restructuring or transaction with a similar impact, <U>provided</U> however,
that an Involuntary Insolvency Event does not constitute a Liquidation Event.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Material Adverse
Effect</B>&rdquo; shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Obligors</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Partial Sale</B>&rdquo;
is any disposition of ownership interest in Target or its subsidiaries that constitutes an Optional Redemption Event under Section
4.3(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Permits</B>&rdquo;
shall have the meaning given to it under schedule 2 - Definition of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Permitted Indebtedness</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Principal Business</B>&rdquo;
shall have the meaning given to it under schedule 2 - Definition of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Privatization Deadline</B>&rdquo;
means September 30, 2017 or any other date as agreed between Investor and Issuer in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Redemption Amount</B>&rdquo;
means the principal amount outstanding under this Note being tendered for redemption under Article 4.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Redemption Date</B>&rdquo;
means, in respect of a Redemption Amount, the date on which the Redemption Amount is to be redeemed by Issuer under Article 4.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Related Party</B>&rdquo;
means (a) any Affiliate of any Group Member and (b) any director or officer of any Group Member of any Affiliate thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Restructuring Failure</B>&rdquo;
is an event, or a sequence of events, that constitutes an Optional Redemption Event under Section 4.3(e).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Restructuring Milestone</B>&rdquo;
shall have the meaning given to it under Section 5.4 of the Note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>SEC</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 72; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Second Closing
Long Stop Date</B>&rdquo; shall have the meaning given to it under section 2.2 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Security Arrangement</B>&rdquo;
shall have the meaning given to it under the recitals of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Security Documents</B>&rdquo;
means the agreements or instruments delivered as part of the Security Arrangement referred to in the Note Subscription Agreement,
which, as of the date hereof, consist of the Founder Letter and Target Securities Charge.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Security Interest</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Share Purchase</B>&rdquo;
shall have the meaning given to it under Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Solar Shares</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Target Securities
Charge</B>&rdquo; shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Transaction Documents</B>&rdquo;
shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>US$</B>&rdquo;
or &ldquo;<B>U.S. Dollars</B>&rdquo; shall have the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<B>Voluntary Insolvency
Event</B>&rdquo; means the commencement of, or consent to the commencement of any case, proceeding or other action by Issuer or
any Group Member under any bankruptcy, insolvency or similar law (A) seeking to have an order of relief entered with respect to
it or seeking to adjudicate it a bankrupt or insolvent, or (B) seeking reorganization, arrangement, adjustment, winding up, liquidation,
dissolution, composition or other relief with respect to it or its debts or (C) seeking the appointment of a receiver, trustee,
custodian or other similar official for it or all or any substantial part of its property, (ii) making a general assignment for
the benefit or its creditors or (iii) admitting in writing its inability to pay its debts when they become due.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
1.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Other Definitions</U>. The following terms are defined
in this Note as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 73; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 35%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;<U>Defined Term</U></B></P></TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 45%; text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>Sections in this Note</U></B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-decoration: underline">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Adverse Development</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 6.5</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Bankruptcy</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 6.6</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Basic Redemption Price</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 4.1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Founder</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Recitals</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Haitong Notes</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 4.3(g)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Interest Period</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 2.1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Interest Rate</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 2.1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Investment Amount</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Introductory paragraph</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Investor</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Introductory paragraph</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Issuance Date</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Introductory paragraph</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Issuer</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Introductory paragraph</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Made-Whole Redemption Price</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 4.2</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Maturity</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 4.1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Maturity Redemption</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 4.1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Merger</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Recitals</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>NYSE</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Recitals</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Obligor Default</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 6.4</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Note Subscription Agreement</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Recitals</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Optional Redemption</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 4.3</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Optional Redemption Event</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 4.3</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Optional Redemption Price</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 4.3</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>PRC</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Recitals</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Presumed Duration</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 4.2</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Privatization</B>&rdquo; </FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Recitals</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Privatization Failure</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 4.3(a)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Rectification</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 2.1(b)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Restructuring</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Recitals</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Restructuring Agreement</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Recitals</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Return Rate</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 3.3</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Target</B>&rdquo; or &ldquo;<B>CCM</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Recitals</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&ldquo;<B>Term</B>&rdquo;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Section 3.1</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
1.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Headings</U>. Titles and sections are for convenience
only and neither limit nor amplify the provisions of this Note, and all references herein to sections or paragraphs shall refer
to the corresponding sections or paragraphs of this Note unless specific reference is made to such sections or paragraphs of another
document or instrument.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
1.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Interpretation</U>. Unless the context requires
otherwise or unless otherwise specified herein, in this Note:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>All
words used in the singular herein are deemed to have been used in the plural and in the masculine includes the feminine and the
neuter and vice versa;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 74; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Any
reference to any &ldquo;<B>party</B>&rdquo;, is a reference to that party or its successors in title and permitted assigns;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Any
reference to any &ldquo;<B>agreement</B>&rdquo; or &ldquo;<B>instrument</B>&rdquo; is a reference to that agreement or instrument
as amended or novated;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Any
reference to a &ldquo;<B>person</B>&rdquo; is deemed to refer to an individual, a partnership, a corporation (including a business
trust), a joint stock company, a limited liability company, an unincorporated association, a joint venture or other entity or a
governmental authority;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
word &ldquo;<B>including</B>&rdquo; or &ldquo;<B>includes</B>&rdquo; means &ldquo;<B>including without limitation</B>&rdquo; or
&ldquo;<B>includes without limitation</B>&rdquo;; and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>
An &ldquo;<B>Obligor Default</B>&rdquo; is &ldquo;<B>continuing</B>&rdquo; if it has not been remedied or waived.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
1.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Share Ownership Percentage</U>. The number of shares
of common stock or other securities issued by a person on a &ldquo;<B>fully diluted basis</B>&rdquo; means the number of shares
outstanding (including restricted shares) assuming the conversion or the exercise of all Equity Securities of the person, whether
or not vested and regardless of whether the conversion or exercise price of any Equity Security is above or below the then market
price, to the extent the Equity Securities are previously issued and not terminated, cancelled or held in treasury by the person,
whether or not treated as outstanding by the person</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
1.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Statutory References</U>. Unless the context requires
otherwise:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Any
reference to &quot;<B>laws</B>&quot; means all laws, statutes, rules, regulations, permits, ordinances, orders, and other pronouncements
having the effect of law of any nation, state, county, city or other political subdivision or of any other governmental authority
applicable to the parties, their assets or properties, this Note and the other Transaction Documents or the consideration hereunder;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Any
reference to a &ldquo;<B>statute</B>&rdquo; means the statute in force as at the date of this Agreement and any successor statute
(together with all regulations promulgated thereunder and as amended, modified, codified or re-enacted from time to time); and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Any
reference to a &ldquo;<B>regulation</B>&rdquo; includes any regulation, rule, official directive, order, request, codes of practice
or guideline (whether or not having the force of law) of any governmental, intergovernmental or supranational body, agency, department
or regulatory, self-regulatory or other authority or organization; and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
1.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Computation of Time Periods</U>. In the computation
of periods of time from a specified date to a later specified date, the word &ldquo;from&rdquo; means from and including and the
words &ldquo;to&rdquo; and &ldquo;until&rdquo; each means to but excluding.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 75; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
1.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Date of Performance</U>. Time periods within or
following which any action to be taken or payment is to be made are to be calculated by excluding the day on which the period commences
and including the day on which the period ends. Whenever the last day of that period is not a business day, such action shall be
taken or such payment shall be made on the first business day following such day.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
1.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Currency and Payment Obligations</U>. Unless otherwise
specified, all references to amounts of money in this Note refer to U.S. Dollars. Any payment under this Note shall be made by
wire transfer, certified check or other method that provides immediately available funds, and shall be free and clear of any withholdings
or deductions for any present of future taxes, imposts, levies, duties or other charges. In the event that Issuer is required to
make any such withholding or deduction from any amount paid, Issuer shall pay to Investor such additional amount as shall be necessary
so that Investor continues to receive a net amount equal to the full amount which Investor would have received if such withholding
or deduction had not been made.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="text-transform: uppercase; color: #010000"><B>Article
2</B></FONT><BR>
<B>Interest</B></P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
2.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Interest Rate</U>.<B> </B>Interest will accrue on
the outstanding principal amount of this Note every 6-month period (&ldquo;<B>Interest Period</B>&rdquo;) at an annual rate (&ldquo;<B>Interest
Rate</B>&rdquo;) equal to six per cent (6%); <U>provided</U>, however, that Interest Rate will be adjusted as follows:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>in
the event of a Restructuring Failure, the Interest Rate will increase to twelve per cent (12%), and that adjustment will be retroactive
to the Issuance Date and will remain effective for all Interest Periods; and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>upon
the occurrence of an Obligor Default, the Interest Rate for all Interest Periods during which Obligor Default occurs and commencing
after the Obligor Default will increase to twelve per cent (12%) until all events giving rise to the Obligor Default have been
rectified (&ldquo;<B>Rectification</B>&rdquo;), in which case the Interest Rate for all subsequent Interest Periods that commence
after Rectification will be reduced back to six per cent (6%).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">Upon any upward or downward
adjustment of Interest Rate pursuant to this Section 2.1, it is agreed that Investor would promptly deliver a written notice of
such adjustment to Issuer, which shall set forth the reason for the adjustment and the adjustment commencement date.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
2.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Interest Payment</U>.<B> </B>Issuer shall pay accrued
interest on the outstanding principal amount under this Note, in U.S. Dollar in cash, at the applicable Interest Rate, on every
June 30 and December 31 during the Term, and if that date is not a business day, on the preceding business day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">In addition to the foregoing:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>in
the event of a Restructuring Failure and the delivery of a written notice by Investor to Issuer pursuant to Section 2.1, Issuer
shall pay, within 3 months of the date of such event, an amount reflecting the difference between the interest previously received
by Investor at the six per cent (6%) rate and the new amount computed at the twelve per cent (12%) rate. If that date is not a
business day, it will be postponed to the next business day unless it would thereby fall into the next calendar month, in which
case it will be brought forward to the preceding business day; and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 76; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>in
the event of a redemption other than the Maturity Redemption, Issuer shall, as the case may be, pay any accrued and unpaid interest
on the Redemption Amount on the Redemption Date.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
2.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Computation</U>. Interest will be computed based
on the outstanding principal amount under this Note as at the beginning of each Interest Period. In the event that the Note is
redeemed pursuant to Article 4, interest accrued during that Interest Period will be computed on the basis of the actual number
of days elapsed on the basis of a 360-day year.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
2.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Interest Rate Limitation</U>. Notwithstanding anything
contained herein to the contrary, Investor will never be entitled to collect or apply as interest under this Note any amount in
excess of the maximum rate of interest permitted to be charged by applicable law. If Investor ever collects or applies as interest
any such excess, the excess amount will be applied to reduce the principal balance; and if the principal balance is paid in full,
any remaining excess shall be paid to Issuer forthwith. In determining whether the interest paid or payable in any specific case
exceeds the highest lawful rate, Investor and Issuer shall to the maximum extent permitted under applicable law (a)&nbsp;characterize
any non-principal payment as an expense, fee, or premium rather than as interest; and (b)&nbsp;spread the total amount of interest
throughout the entire contemplated term of the obligation so that the interest rate is uniform throughout the term. Nothing in
this Section 2.4 will be deemed to increase the total dollar amount of interest payable under this Note.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>Article
3</B></FONT><B><BR>
Investment Return and Investment Term</B></P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
3.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Term</U>.<B> </B>Subject to Sections 4.2, 4.3 and
4.4, or upon the completion of the Restructuring which the term of this Note may be shortened and subject to Section 3.2 pursuant
to which the term of this Note may be extended, this Note will have a term (the &ldquo;<B>Term</B>&rdquo;) of 4 years.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
3.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Extension Rights of Investor</U>. Investor may extend
the Term in its sole discretion as follows:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investor
may, at its sole discretion, extend the Term from 4 to 5 years by giving not less than 30 days of notice prior to the 4<SUP>th</SUP>
anniversary of this Note; and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If
the Term has been extended to 5 years, Investor may, at its sole discretion, extend the Term from 5 to 6 years by giving not less
than 30 days of notice after the 4<SUP>th</SUP> anniversary and prior to the 5<SUP>th</SUP> anniversary of this Note.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
3.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Investment Return</U>. Except in circumstances provided
in Sections 4.2, 4.3(b) and 4.3(c) that would require Issuer&rsquo;s payment of the Made-Whole Redemption Price, Investor will
be entitled to a premium, which in aggregate of the interest accrued and outstanding under Article 2 and any incremental interest
accrued and outstanding under Section 4.5, will provide to the Investor the following internal rate of return (each, a &ldquo;<B>Return
Rate</B>&rdquo;):</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 77; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>13.5%
per annum if applicable Interest Rate is 6% per annum during the applicable Interest Period; or</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>19.5%
per annum if applicable Interest Rate is 12% per annum during the applicable Interest Period, calculated from the Issuance Date
to the Redemption Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">For the avoidance of doubt, if during that incomplete Interest Period
the Interest Rate had been increased according to Section 2.1(a), then the Return Rate (after counting in the increase of Interest
Rate) shall apply retroactively over all previous Interest Periods.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>Article
4</B></FONT><B><BR>
Redemption Rights</B></P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
4.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Maturity Redemption</U>. At the end of the Term
(the &ldquo;<B>Maturity</B>&rdquo;), Issuer shall, and is entitled to, redeem this Note (the &ldquo;<B>Maturity Redemption</B>&rdquo;)
in whole at the Basic Redemption Price. For the avoidance of doubt, Issuer&rsquo;s obligation to redeem this Note on Maturity is
unconditional and will not require the delivery of any notice by Investor or the satisfaction of any conditions precedent. The
term &ldquo;<B>Basic Redemption Price</B>&rdquo;, in respect of a Redemption Amount, is an amount that would result in Investor
receiving a premium, which in aggregate of the interest accrued and outstanding under Clause 2 and any incremental interest accrued
and outstanding under Section 4.5, will provide to the Investor the applicable Return Rate.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
4.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Automatic Redemption</U>. Notwithstanding anything
in this Note to the contrary, in the event of a Bankruptcy (as defined in Section 6.6), without the need for any further notice
or action by any party hereunder, Issuer shall automatically be required to immediately redeem this Note in whole at Made-Whole
Redemption Price. The term &ldquo;<B>Made-Whole Redemption Price</B>&rdquo;, in respect of a Redemption Amount, is an amount that
would have been received by Investor if the Redemption Amount were to be invested in this Note for the Presumed Duration and that
would result in Investor receiving a premium, which in aggregate of the interest accrued and outstanding under Clause 2 and any
incremental interest accrued and outstanding under Section 4.5, will provide to the Investor the applicable Return Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">The term &ldquo;<B>Presumed
Duration</B>&rdquo; is (i) four (4) years, if the event triggering redemption takes place prior to the fourth (4<SUP>th</SUP>)
anniversary of this Note; and (ii) five (5) years, if the Term of this Note has been extended pursuant to Section 3.2(a) to five
(5) years and the redemption takes place after the fourth (4<SUP>th</SUP>) anniversary but prior to the fifth (5<SUP>th</SUP>)
anniversary of this Note; and (iii) six (6) years, if the Term of this Note has been extended pursuant to Section 3.2(b) to six
(6) years and the redemption take place after the fifth (5<SUP>th</SUP>) anniversary but prior to the sixth (6<SUP>th</SUP>) anniversary
of this Note.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
4.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Optional Redemption at the option of Investor</U>.
At any time or from time to time during the Term, Investor has the option to require Issuer to redeem this Note (an &ldquo;<B>Optional
Redemption</B>&rdquo;), in whole or in part (except where expressly provided otherwise), at the applicable redemption price as
set forth in Section 4.4 (an &ldquo;<B>Optional Redemption Price</B>&rdquo;), upon the occurrence of any of the following (each,
an &ldquo;<B>Optional Redemption Event</B>&rdquo;):</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 78; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Privatization has been terminated or has not been completed by the Privatization Deadline (a &ldquo;<B>Privatization Failure</B>&rdquo;),
provided that (i) if Investor breaches any material terms of the Transaction Documents except for breach that does not contribute
to the non-consummation of the Privatization, or (ii) if Issuer, despite using its best efforts, has not obtained sufficient financing
to fund Privatization, including, but not limited to, the Bank Financing by the Privatization Deadline, a Privatization Failure
shall not be deemed to have occurred; and provided further that in the event of a Privatization Failure, if Investor elects to
exercise Optional Redemption, it shall redeem the Note in whole but not in part;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liquidation
Event other than as a result of the transactions contemplated by Existing Indebtedness, Permitted Indebtedness, Share Purchase,
A/B Exchange and other matters in connection with the Privatization, Merger and the Restructuring; or</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issuer
disposes, directly or indirectly, any of its ownership interest issued as at the date of the Note Subscription Agreement in Target
or its subsidiaries to a third party in one or a series of related transactions, whether through a share sale, merger, consolidation
or otherwise, unless (x) the disposition is a transaction to which Investor has consented, including the disposal of any or all
of Issuer&rsquo;s interest in Beijing Quan Yu Medical Information Technology Co., Ltd. (&#21271;&#20140;&#20840;&#22495;&#21307;&#30103;&#20449;&#24687;&#31185;&#25216;&#26377;&#38480;&#20844;&#21496;)
and/or Beijing Meizhong Jiahe Hospital Management Co., Ltd., (y) the disposition is made as part of the Security Arrangement or
as security for the Permitted Indebtedness, or (z) the disposition forms part of the transactions essential to give effect to
the A/B Exchange, which are transactions in connection with the Privatization, Merger or the Restructuring;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>An
Obligor Default which is continuing (as defined in Section 6.4), except for Issuer&rsquo;s failure to obtain the consent and/or
waiver of Haitong as required under the documents in relation to the Concurrent Financing; or</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Either
or both Restructuring Milestones are not achieved at the timelines stipulated in Section 5.4, unless (x) if Issuer&rsquo;s failure
to achieve a Restructuring Milestone is caused solely by Investor&rsquo;s non-cooperation or by a restriction under applicable
laws, rules or regulations and (y) each of Issuer and other Obligors has complied with its obligations under the Transaction Documents,
except for non-compliance that does not contribute to the failure of a Restructuring Milestone;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>An
Adverse Development (as defined in Section 6.5);</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
applicable interest rate of the notes issued in the Concurrent Financing (the &ldquo;<B>Haitong Notes</B>&rdquo;) is increased
under the terms thereunder. For the avoidance of doubt, the Haitong Notes currently give Issuer a one-time option to extend the
maturity date of that series by a six-month period; any upward adjustment in the investment return rate resulting from this six-month
extension is not an interest rate increase for the purposes of this Section 4.3(g) and will not be an Optional Redemption Event;
or</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 79; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
prior to the stated maturity of the Haitong Notes, Haitong declares that the indebtedness thereunder to be immediately due and
payable under the terms thereunder.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
4.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Applicable Redemption Price.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0in">The applicable Redemption
Price for Optional Redemption is the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 44%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid"><B>Type of Optional Redemption</B></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 44%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid"><B>Applicable Optional Redemption
        Price</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Privatization Failure</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Basic Redemption Price (at applicable Return Rate of 19.5%)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Liquidation Event</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Made-Whole Redemption Price</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Partial Sale</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Made-Whole Redemption Price</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Obligor Default which is continuing (other than a Partial Sale or a Liquidation Event)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Basic Redemption Price</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Restructuring Failure</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Basic Redemption Price</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Adverse Development</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Basic Redemption Price</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Interest Rate Increase in the Concurrent Financing</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Basic Redemption Price</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Acceleration of the Concurrent Financing</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Basic Redemption Price</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
4.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Redemption by Issuer</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Save as provided under this
Section 4.5, Issuer is not entitled to prepay or redeem the principal amount of this Note without the prior written consent of
Investor:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>In
case of a Privatization Failure and if Investor does not exercise the right to require Optional Redemption under Section 4.3(a)
within five (5) business days of the Privatization Deadline, Issuer may redeem this Note by transferring or causing to transfer
the number of ordinary shares of Target it directly or indirectly owns, as determined by dividing the applicable Optional Redemption
Price by US$1.73, as the full repayment of all principal amount and interests accrued under this Note.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>In
case the Privatization is terminated or has not been contemplated by the Privatization Deadline, and if (x) Investor breaches any
material terms of the Transaction Documents except for breach that does not contribute to the non-consummation of the Privatization,
or (y) Issuer, despite using its best efforts, has not obtained sufficient financing to fund Privatization, including, but not
limited to, the Bank Financing the Privatization Deadline, Issuer shall have the right to redeem this Note in full from the date
of the Privatization Deadline by giving no less than 10 business days&rsquo; written notice to Investor and paying Investor an
amount equal to Redemption Amount plus all interests accrued and unpaid until the date of redemption computed at six per cent (6%)
per annum on the basis of the actual number of days elapsed and a year of 360 days.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 80; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>In
case that following the completion of the Privatization, either or both the Restructuring Milestones are not achieved at the timelines
stipulated in Section 5.4 which however did not give rise to a Restructuring Failure, Issuer may redeem this Note by one of the
following mechanisms, which is to be elected at Investor&rsquo;s sole discretion, (i) transferring or causing to transfer the number
of ordinary shares of Target it directly or indirectly owns, as determined by dividing the Basic Redemption Price (at applicable
Return Rate of 13.5%) by US$1.73, or (ii) paying Investor an amount equal to Redemption Amount plus all interests accrued and unpaid
until the date of redemption computed at six per cent (6%) per annum on the basis of the actual number of days elapsed and a year
of 360 days, in each case as the full repayment of all principal amount and interests accrued under this Note.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
4.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Exercise of Optional Redemption Right</U>. To exercise
its right to require an Optional Redemption, Investor shall deliver a written notice to Issuer setting forth the Optional Redemption
Event, the Redemption Amount and the date on which Issuer shall redeem the Note, which must not be less than 3 months of the notice.
In the event of a late payment by the Issuer, Investor will maintain all of its rights and remedies under this Note, and an incremental
interest of ten per cent (10%) <I>per annum</I> above the applicable Interest Rate on the Redemption Amount will continue to accrue
until the date the Investor receives the Optional Redemption Price in full.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
4.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Obligations of Issuer</U>. Upon the receipt of a
notice of Optional Redemption, Issuer shall pay to Investor the applicable Optional Redemption Price by wire transfer in U.S. Dollars
in immediately available funds to a bank account notified in writing by Investor no later than the date specified in the redemption
notice which must be a date not less than 3 months of the notice. In the event of a partial redemption, Issuer shall, upon receipt
of this Note by Issuer for cancellation, promptly issue and deliver to Investor a new Note representing the outstanding principal
amount that has not been redeemed.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
4.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Events giving rise to a Redemption</U>. Sections
4.1, 4.2 and 4.3 shall be interpreted and applied independently, and no Section shall be deemed to limit or qualify any other subsection
in any manner whatsoever. The rights of Investor under this Article shall be separate and in addition to all other remedies available
under this Note, at law or in equity (including a decree of specific performance and/or other injunctive relief), and nothing herein
shall limit Investor&rsquo;s right to pursue actual damages for any breaches or defaults by Issuer and other Obligors in the performance
or observance of any of the provisions of this Note and other Transaction Documents.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>Article
5</B></FONT><B><BR>
Covenants of Issuer </B></P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Use of Proceeds</U>. Issuer shall apply the Investment
Amount in the manner contemplated under the Note Subscription Agreement.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 81; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>CAGP Transaction and Solar Transaction</U>. Issuer
shall complete the purchase of the CAGP III Shares, CAGP III Co-Investment Shares and Solar Shares on the terms set forth in the
relevant purchase agreements as soon as reasonably practicable.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Privatization</U>. Issuer shall use its best efforts
to complete the Privatization as soon as practicable and in any event on or prior to the Privatization Deadline. For the avoidance
of doubt, in case the Privatization is terminated or has not been consummated by the Privatization Deadline as a result of one
or both of the following: (i) Investor breaches any material terms of the Transaction Documents except for breach that does not
contribute to the non-consummation of the Privatization, or (ii) Issuer, despite using its best efforts, has not obtained sufficient
financing to fund Privatization, including, but not limited to, the Bank Financing by the Privatization Deadline, Issuer shall
not be deemed to have breached this covenant.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Restructuring</U>. Issuer shall take all actions
necessary so that (i) the Restructuring Agreement is executed concurrently with the completion of the Privatization (or at such
later time as Investor may elect at its sole discretion by written notice to Issuer) and (ii) the Restructuring is completed within
three months of the date of the Restructuring Agreement (or at such later time, which shall not be more than six months thereafter,
as Investor may elect at its sole discretion by written notice to Issuer) (each, a &ldquo;<B>Restructuring Milestone</B>&rdquo;).</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No Disposition of Interests</U>. Other than the
transactions contemplated by Existing Indebtedness, Permitted Indebtedness, Share Purchase, A/B Exchange and other matters in connection
with the Privatization, Merger and the Restructuring, without the prior written consent of Investor, Issuer shall not, and shall
cause other Group Members not to, take any actions, or omit to take any action, that would have the following effect:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>a
Liquidation Event;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>a
Partial Sale; or</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>a
change of Control in any Group Member</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Collateral</U>. Issuer shall take all necessary
actions to ensure the compliance with section 8 of the Note Subscription Agreement at the time provided therein, except for the
subordination contemplated for the Bank Financing.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Corporate Governance Matters</U>. Issuer shall cause
Target to maintain at least the same corporate governance standards as those in effect as of the date hereof. Without limiting
the generality of the foregoing, unless otherwise agreed by the parties, Issuer shall ensure that:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>at
least one (1) meeting of the board of directors of Target will be held for each fiscal quarter;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 82; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>an
audit committee, compensation committee, and other committees as reasonably requested by Investor will be created under the board
of directors of Target;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Target
will not replace its independent accountants or change any material accounting principles.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No Distribution on Shares</U>. Other than the transactions
contemplated by Existing Indebtedness, Permitted Indebtedness, Share Purchase, A/B Exchange and other matters in connection with
the Privatization, Merger and the Restructuring, without the prior written consent of Investor, Issuer shall not, and shall cause
other Group Members not to, issue or declare any dividend or other distribution with respect to any class of its shares or purchase,
acquire, or redeem any such shares.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No Changes in Share Capital.</U> Other than the
transactions contemplated by Existing Indebtedness, Permitted Indebtedness, Share Purchase, A/B Exchange and other matters in connection
with the Privatization, Merger and the Restructuring, without the prior written consent of Investor, Issuer shall not, and shall
cause other Group Members not to, change its capital structure or any of its authorized or issued share capital, including the
creation of any stock incentive plans.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No Change of Business</U>. Issuer shall cause Issuer Group
not to make (or threaten to make) any material change in the nature of the Principal Business as carried on immediately prior to
the First Closing.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Issuer as Holding Company</U>. Issuer shall not engage in any
business other than to hold directly or indirectly all the Equity Securities in Target (and activities related thereto) and to
fulfill its obligations under the Transaction Documents.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Listing of Target</U>. Until the completion of the Privatization,
Issuer shall cause Target to maintain its authorization for listing on the NYSE. Issuer shall not, and shall procure that that
no Group Member will, take any action which would be reasonably expected to result in the delisting or suspension from trading
of the Target Shares on the NYSE, other than in connection with the Privatization.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Corporate Existence</U>. Issuer shall, and shall cause other
Group Members to, maintain its corporate existence, excluding creations of and mergers among Group Members.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Licenses and Permits</U>. Issuer shall, and shall cause other
Group Members to:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>
maintain and keep effective all the current approval and licenses (including the procurement planning and approval conducted by
the Ministry of Health and the National Development Reform Committee, or the provincial healthcare administrative authorities with
the ratification by the Ministry of Health, as the case may be, and the large medical equipment procurement licenses issued by
the Ministry of Health or the provincial healthcare administrative authorities, as the case may be) and other Permits which are
material to the business of Issuer and other Group Members; and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 83; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>ensure
that all Permits material to the business of Issuer and other Group Members are renewed from time to time in accordance with the
terms and conditions of the applicable laws and regulations and that each Group Member complies at all times with the terms and
conditions of its Permits which are material to the business of Issuer and other Group Members in all material respects; and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Compliance with Laws</U>. Issuer shall, and shall cause other
Group Members to:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>comply,
in all material respects with all other applicable laws, ordinances, rules, regulations and requirements of any governmental authorities,
including the Anti-Corruption Laws; and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>pay
and discharge, before the same shall become delinquent, all income and all other material taxes, assessments and other governmental
charges or levies imposed upon them or any of their properties or assets or in respect of their businesses or incomes except for
those being contested in good faith by proper proceedings diligently conducted and against which adequate reserves, in accordance
with the applicable generally accepted accounting principles, have been established.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Maintenance of Assets</U>. Other than the transactions contemplated
by the Existing Indebtedness, Permitted Indebtedness, Share Purchase, A/B Exchange and other matters in connection with the Privatization,
Merger and the Restructuring, Issuer shall, and shall cause other Group Members to:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>maintain
and protect all key intellectual property used in the Principal Business, including registering all their respective trademarks,
brand names, domain names and copyrights and, wherever prudent, applying for patents on their respective technology;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>subject
to the availability of the type of insurance and the commercial reasonableness of the terms by the standards generally applied
to comparable businesses, keep all assets necessary in its business in good working order and condition, ordinary wear and tear
excepted; and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>maintain
with financially sound and reputable insurance companies, insurance on all their insurable assets in at least such amounts and
against at least such risks as are usually insured against in the same general area by companies of established repute engaged
in the same or a similar business.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Indebtedness; Negative Pledge</U>. Without the prior written
consent of Investor, Issuer shall not, and shall cause other Group Members not to:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>incur
additional indebtedness other than indebtedness in the course of its ordinary business, Existing Indebtedness and Permitted Indebtedness;
and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 84; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>directly
or indirectly create or permit to be outstanding any Security Interest upon the whole or any part of its property, assets or revenues,
present or future, to secure for the benefit of any person, except for Existing Security, Permitted Security, Security Interest
in existence as of the First Closing, and Security Interest arising in the ordinary course of business.<B><I> </I></B></P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Related Party Transactions</U>. Other than the transactions
contemplated by the Existing Indebtedness, Permitted Indebtedness, Share Purchase, A/B Exchange and other matters in connection
with the Privatization, Merger and the Restructuring, Issuer shall not, and shall cause other Group Members not to, enter into
or be a party to any transaction with any Related Parties with a value in excess of US$1 million unless the transaction is fair
and reasonable to Issuer and on terms no less favorable to Issuer than those that could be obtained from unaffiliated third parties.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Books, Records and Internal Controls</U>. Issuer shall, and
shall cause each Group Members to:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>make
and keep books, records and accounts which, in reasonable detail, accurately and fairly (x) reflect their transactions and dispositions
of assets and (y) present their financial instruments and Equity Securities;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>prepare
its financial statements and disclosure documents accurately, in accordance with the applicable generally accepted accounting principles
and ensure the completeness and timeliness of such financial statements and disclosure documents;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>devise
and maintain a system of internal accounting controls sufficient to provide reasonable assurance that:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>transactions
are executed and access to material assets is permitted only in accordance with management&rsquo;s general or specific authorization;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>
transactions are recorded as necessary to permit preparation of periodic financial statements and to maintain accountability for
assets;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken
with respect to any differences; and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
transaction by and between Issuer, its other Group Members and any Related Party is properly monitored, recorded and disclosed;
and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>install
and have in operation an accounting and control system, management information system and books of account and other records, which
together shall adequately give a fair and true view of the financial condition of Issuer and its other Group Members and the results
of its operations in conformity with the applicable generally accepted accounting principles.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 85; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.20&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No Voluntary Insolvency Event</U>. Other than the transactions
contemplated by Existing Indebtedness, Permitted Indebtedness, Share Purchase, A/B Exchange and other matters in connection with
the Privatization, Merger and the Restructuring, without the prior written consent of Investor, Issuer shall ensure that no Voluntary
Insolvency Event shall occur.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
5.21&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Charter Documents</U>. Other than the transactions contemplated
by the Existing Indebtedness, Permitted Indebtedness, Share Purchase, A/B Exchange and other matters in connection with the Privatization,
Merger and the Restructuring, except as required by law, Issuer shall not, and shall cause other Group Members not to, amend or
modify any provisions of its Articles and other charter documents that may reasonably be deemed to adversely affect this Note or
the rights of the Investor under this Note, without Investor's prior written consent.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>Article
6</B></FONT><B><BR>
Information Rights</B></P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
6.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>SEC Filings</U>. Until the completion of the Privatization,
Issuer shall promptly, and in any event within 2 business days of the release or filing thereof, deliver to Investor the following:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>copies
of all filings made by Target and Issuer with the SEC;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>copies
of all communications between Target and the SEC relating to the Privatization;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>copies
of any notices and other information made available or given to the shareholders of Target generally; and</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>facsimile
copies of all press releases issued by Target;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">unless the foregoing are
filed with the SEC through EDGAR and are immediately available to the public through EDGAR or are available through Bloomberg or
PR Newswire contemporaneously with such issuance.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
6.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Other Filings</U>. Issuer shall promptly, and in
any event within two business days of the release or filing thereof, deliver to Investor all information filed or released by Target
publicly in Cayman Islands or British Virgin Islands concerning the CAGP Transaction, Solar Transaction, the Financing, the Bank
Financing and any other financing transactions in connection with the Privatization.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
6.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>General information concerning Issuer Group</U>.
Issuer shall allow the Investor reasonable access to due diligence materials as provided in Section 4.2 of the Note Subscription
Agreement. At any time after the completion of the Privatization, Issuer shall notify Investor promptly, and in any event within
5 business days after having knowledge thereof, when any of the following occurs:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
material event in the condition (financial or otherwise) of a Group Member;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 86; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
litigation or proceedings being threatened in writing or initiated against a Group Member before any court tribunal or administrative
agency, which might materially affect the operations or financial condition of such Group Member, and the amount of contingent
liability, if such amount is ascertainable;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
happening of any event likely to have a substantial effect on the profits, businesses or operations of a Group Member; or</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
Group Member has, or to the knowledge of any Group Member, any other Obligor has, in any material respect failed to observe or
perform any other covenant, obligation, condition or agreement contained in the Transaction Documents.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
6.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Obligor Default</U>. Issuer shall deliver a written
notice to Investor promptly, and in any event within 5 business days after having knowledge thereof, when any of the following
(an &ldquo;<B>Obligor Default</B>&rdquo;):</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Issuer
shall fail to pay (i) when due any principal or interest payment on the due date hereunder or (ii) any other payment required under
the terms of this Note or any other Transaction Documents on the date due and such payment has not been made within seven days
of Issuer's receipt of Investor's written notice to Issuer of such failure to pay;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Obligors
shall fail to observe or perform any other covenant, obligation, condition or agreement contained in the Transaction Documents,
which has a Material Adverse Effect, and such failure shall, after Issuer's receipt of Investor's written notice to Issuer of such
failure, continue for 20 business days;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
representation or warranty made by or on behalf of Obligors to Investor in writing in connection with the Transaction Documents
shall be not true, correct or complete in any material respect when made.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
6.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Adverse Development</U>. Issuer shall deliver a
written notice to Investor promptly, and in any event within 5 business days when becoming aware of the same, upon the occurrence
of any of the following (each, an &ldquo;<B>Adverse Development</B>&rdquo;):</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>It
is or will become unlawful for any Obligor to perform or comply with any of its payment or other material obligations under or
in respect of this Note or any other Transaction Documents to which it is a party (other than the Restructuring Agreement);</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)
Any financial indebtedness of Issuer Group is not paid when due or (as the case may be) within any originally applicable grace
period; (ii) any such financial indebtedness becomes (or becomes capable of being declared) due and payable prior to its stated
maturity otherwise than at the option of Obligor or (except by reason of an event of default, howsoever described, under the terms
of the agreement governing such financial indebtedness) any person entitled to the payment of such indebtedness; or (iii) any amount
payable by it under any guarantee of any financial indebtedness (including any indemnity of such indebtedness or any arrangement
having a similar effect) of others given by any Obligor is not honored when due and called upon; <U>provided</U>, however, that
the amount of indebtedness referred to in paragraphs (i) and/or (ii) above and/or the amount payable under any guarantee referred
to in paragraph (iii) above individually or in the aggregate exceeds US$10,000,000 (or its equivalent in any other currency or
currencies);</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 87; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>One
or more final and non-appealable judgment(s) or order(s) for the payment of an amount in excess of US$10,000,000 (or its equivalent
in any other currency or currencies), whether individually or in aggregate, is or are rendered against Issuer Group and continue(s)
unsatisfied and unstayed for a period of 14 days after the date(s) thereof or, if later, the date therein specified for payment;
or</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>One
or more events that have or, in the reasonable opinion of Issuer, are expected to have, a Material Adverse Impact on (i) an Obligor&rsquo;s
ability to comply with its payment obligations under any Transaction Document, (ii) Issuer Group&rsquo;s ability to carry on its
business as it is being conducted at the time immediately preceding the event; or (iii) the value of the charged assets under the
Target Securities Charge; or (iv) the rights of Investor under this Note; other than the transactions contemplated by Existing
Indebtedness, Permitted Indebtedness, Share Purchase, A/B Exchange and other matters in connection with the Privatization, Merger
and the Restructuring.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
6.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Bankruptcy Event</U>. Issuer shall deliver a written
notice to Investor promptly, and in any event no later than the next business day when becoming aware of the same, upon the occurrence
of any of the following (each, a &ldquo;<B>Bankruptcy</B>&rdquo;):</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>A
Voluntary Insolvency Event; or</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>An
Involuntary Insolvency Event.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="text-transform: uppercase; color: #010000"><B>Article
7</B></FONT><B><BR>
Registration and Transfer of Note </B></P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
7.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Register</U>. The Note shall be issued and represented
by certificates in definitive form. Issuer shall keep at its principal office a register in which Issuer shall provide for the
registration and transfer of the Note, in which Issuer shall record the name and address of Investor and the name and address of
each permitted transferee. Investor shall notify Issuer of any change of name or address and promptly after receiving such notification
Issuer shall record such information in such register.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
7.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Lost, Stolen or Mutilated Note</U>. Upon receipt
by Issuer of evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of the certificate
representing this Note and (i) in the case of loss, theft or destruction, of indemnity reasonably satisfactory to it; or (ii) in
the case of mutilation, upon surrender thereof, Issuer, at its expense, shall execute and deliver in lieu thereof a new Note executed
in the same manner as the Note being replaced, in the same principal amount as the unpaid principal amount of the Note and dated
the date of this Note.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"></P>

<!-- Field: Page; Sequence: 88; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>Article
8</B></FONT><B><BR>
Assignment and Pledging</B></P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
8.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Assignment of this Note</U>. Issuer may not assign
or transfer any of its interests, rights and obligations under this Note or the Security Documents without the prior written consent
of Investor. Subject to the requirements of Section 7.2, Investor may by five business days&rsquo; written notice assign or transfer
any of its interests, rights and obligations under this Note or Security Documents without Issuer&rsquo;s consent.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
8.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Pledge of this Note</U>. Issuer acknowledges and
agrees that this Note may be pledged or charged by Investor to any person in connection with a bona fide margin agreement or other
loan or financing arrangement. The pledge of this Note shall not be deemed to be a disposition, however the Investor notify Issuer
in writing that this Note has been pledged or charged by Investor. Issuer hereby agrees to execute and deliver, at the expense
of the Investor, such documentation as a pledgee or chargee may reasonably request in connection with such a pledge or charge by
Investor.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase; color: #010000"><B>Article
9</B></FONT><B><BR>
Miscellaneous</B></P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Successors and Assigns</U>. Subject to the restrictions
on assignment described in this Note, the rights and obligations of the parties shall be binding upon and benefit the successors,
assigns, heirs, administrators and transferees of the parties.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Waiver and Amendment</U>. Any provision of this
Note may be amended, waived or modified upon the written consent of parties.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Validity of Instrument</U>. This Note shall become
effective upon the execution of it by the authorized representatives of the parties and shall continue in force until the outstanding
amounts under this Note have been paid in full, in which case it will become void and of no further force and effect, except for
the provisions of this Section 9.3 (Validity of Instrument), Section 9.9 (Governing Law) and Section 9.10 (Jurisdiction); <U>provided</U>,
however, that such termination shall, unless otherwise agreed by the parties, be without prejudice to the rights of Investor in
respect of a breach of this Note by Issuer prior to such termination.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Survival</U>. The representations, warranties, covenants
and agreements made herein shall survive the execution and delivery of this Note.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Entire Agreement</U>. This Note together with the
other Transaction Documents constitute and contain the entire agreement among the parties and supersede any and all prior agreements,
negotiations, correspondence, understandings and communications among the parties, whether written or oral, respecting the subject
matter hereof.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Notices</U>.<B> </B>All notices, requests, demands,
consents, instructions or other communications required or permitted hereunder shall be in writing and delivered to each party
as follows:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 89; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
to Investor:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify; text-indent: -1.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 79%; border-collapse: collapse; margin-left: 1.5in">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Address</FONT></TD>
    <TD STYLE="width: 5%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="width: 75%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">P.O. Box 957, Offshore
    Incorporations Centre</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif">Road Town, Tortola, British Virgin Islands</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Email</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">88445413@qq.com / frank.yang@bocggp.com</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Attention</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">YANG Feng</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 105pt; text-align: justify">or at such other address as Investor
shall have furnished to Issuer in writing.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
to Issuer:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify; text-indent: -1.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 79%; border-collapse: collapse; margin-left: 1.5in">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Address</FONT></TD>
    <TD STYLE="width: 5%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="width: 75%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">18/F, Tower A, Global Trade Center, 36 North 3rd Ring Road East, Dongcheng District, Beijing, PRC</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Facsimile</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">86-10-59575252 </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Attention</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Mr. Botao Shi</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 105pt; text-align: justify">or at such other address as the Issuer
shall have furnished Investor in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">All such notices and communications
shall be effective (1) when sent by international express courier or other overnight service of recognized standing, on the business
day following the deposit with such service; (2) when mailed, by registered or certified mail, first class postage prepaid and
addressed as aforesaid, upon the earlier of actual receipt or the fourth business day after the date of mailing; (3) when delivered
by hand, upon delivery; (4) when faxed, upon confirmation that all pages have been transmitted except where the dispatch is not
on a business day; and (5) when emailed, upon such email being sent by the sender and no transmission error message being received
by the sender. If a communication would otherwise be deemed to have been delivered outside normal business hours (after 5:30 p.m.
on a business day) in the time zone of the territory of the recipient under this Section 9.6, it shall be deemed to have been delivered
at 9:30 a.m. on the next opening of business in the territory of the recipient. In proving service of a communication, it shall
be sufficient to show that delivery by hand was made or that the envelope containing the communication was properly addressed and
mailed or that the facsimile transmission was despatched and a confirmatory transmission report or other acknowledgment of good
receipt was received.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No Partnership</U>. Nothing in this Note shall constitute
or be deemed to constitute a partnership between the parties.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Severability</U>. If any provision of this Note
or the application thereof to any person or circumstance shall be invalid or unenforceable to any extent, the remainder of this
Note and the application of such provision to other persons or circumstances will not be affected thereby and will be enforced
to the maximum extent permitted by law.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 90; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Governing Law</U>. This Agreement and all actions
arising out of or in connection with this Note will be governed by and construed in accordance with the laws of Hong Kong.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Jurisdiction</U>. The courts of Hong Kong are to have jurisdiction
to settle any disputes which may arise out of or in connection with this Note and, accordingly, any legal action or proceedings
arising out of or in connection with this Note may be brought in such courts.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No Presumption</U>. The parties acknowledge that any applicable
law that would require interpretation of any claimed ambiguities in this Note against the party that drafted it has no application
and is expressly waived. If any claim is made by a party relating to any conflict, omission or ambiguity in the provisions of this
Note, no presumption or burden of proof or persuasion will be implied because this Note was prepared by or at the request of any
party or its counsel.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="color: #010000">Section
9.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Counterparts.</U> This Note may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
Facsimile and e-mailed copies of signatures shall be deemed to be originals for purposes of the effectiveness of this Note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>[The remainder of this page is intentionally
left blank]</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 91; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>IN WITNESS WHEREOF, </B>Issuer has caused this Note to be issued
as of the date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>ISSUER</B></FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Morgancreek Investment Holdings Limited</B></FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 35%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 62%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Name: Jianyu Yang</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Title: Director </FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By its acceptance of this Note, Investor acknowledges and agrees
to be bound by the provisions hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>INVESTOR</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Blue Ocean Structure Investment II Company Limited </B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 35%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 62%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Name: YANG Feng</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Title: Director</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Signature Page to Promissory Note</B> </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 92 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>ANNEX A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: center; text-indent: -0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Form of Restructuring Agreement</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 93 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>EXHIBIT B</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>FORM OF FOUNDER&rsquo;S LETTER</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>





<P STYLE="margin: 0; text-align: justify"><FONT STYLE="text-transform: uppercase">This <B>DEED OF PERSONAL GUARANTEE AND UndertakingS</B></FONT> (this
&ldquo;<B>Guarantee</B>&rdquo;) is provided by Jiangyu Yang, a resident of the People&rsquo;s Republic of China (the &ldquo;<B>PRC</B>&rdquo;,
and solely for the purposes of this Deed, excluding the Hong Kong Special Administrative Region, Macau Special Administrative
Region and Taiwan) with PRC passport number G34162060<B> </B>(&ldquo;<B>Guarantor</B>&rdquo;) to Blue Ocean Structure Investment
II Company Limited, a British Virgin Islands (&ldquo;<B>BVI</B>&rdquo;) company with registered office at P.O. Box 957, Offshore
Incorporations Centre, Road Town, Tortola, BVI (&ldquo;<B>Investor</B>&rdquo;), on [&#9679;], 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BACKGROUND</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27.35pt; text-align: justify; text-indent: -27.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.4in; text-align: left">(A)</TD><TD STYLE="text-align: justify">Guarantor is the chairman of the board of directors of
Issuer and the chairman of the board of directors and chief executive officer of Concord Medical Services Holdings Limited (&ldquo;<B>Target</B>&rdquo;),
a Cayman Islands company with registered office at 18/F, Tower A, Global Trade Center, 36 North Third Ring Road East, Dongcheng
District, Beijing 100013, PRC, and whose shares are listed on the New York Stock Exchange (the &ldquo;<B>NYSE</B>&rdquo;).</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27.35pt; text-align: justify; text-indent: -27.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.4in; text-align: left">(B)</TD><TD STYLE="text-align: justify">Issuer is the largest shareholder of Target, directly holding
approximately 45.4% of Target&rsquo;s issued and outstanding share capital.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27.35pt; text-align: justify; text-indent: -27.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.4in; text-align: left">(C)</TD><TD STYLE="text-align: justify">On July 11, 2016, Issuer, Guarantor and Blue Ocean Management
Limited submitted a preliminary non-binding proposal to Target&rsquo;s board of directors to acquire all of the outstanding ordinary
shares of Target not already owned by Issuer (the &ldquo;<B>Privatization</B>&rdquo;). For the purposes of the Privatization,
Investor has agreed to provide Financing to the Issuer under the Note Subscription Agreement dated February 9, 2017 (the &ldquo;<B>Note
Subscription Agreement</B>&rdquo;).</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27.35pt; text-align: justify; text-indent: -27.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.4in; text-align: left">(D)</TD><TD STYLE="text-align: justify">This Deed is being delivered by Guarantor as a condition
to Investor&rsquo;s agreement to provide the Financing.</TD>
</TR></TABLE>

<P STYLE="color: #010000; font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000">1.</FONT></TD><TD STYLE="text-align: justify">Interpretations</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.1</FONT></TD><TD STYLE="text-align: justify"><U>Certain Defined Term</U>. As used in this Deed, capitalized terms used but not otherwise defined
herein shall have the same meanings as defined in the Note. In addition, the following capitalized terms shall have the following
meanings:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>A/B Exchange</B>&rdquo; has the meaning set
forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Affiliate</B>&rdquo; has the meaning set forth
in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Bank Financing</B>&rdquo; has the meaning set
forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>business day</B>&rdquo; has the meaning set
forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>BVI</B>&rdquo; has the meaning set forth in
the Introductory Paragraph of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"></P>

<!-- Field: Page; Sequence: 94; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>CAGP III Co-Investment Shares</B>&rdquo; has
the meaning set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>CAGP III Shares</B>&rdquo; has the meaning set
forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Concurrent Financing</B>&rdquo; has the meaning
set forth in the Recitals of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Control</B>&rdquo; has the meaning set forth
in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Deed</B>&rdquo; has the meaning set forth in
the Introductory Paragraph of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Disclosing Party</B>&rdquo; has the meaning
set forth in Section 6.3 of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Equity Securities</B>&rdquo; has the meaning
set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Existing Indebtedness</B>&rdquo; has the meaning
set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Financing</B>&rdquo; has the meaning set forth
in the Recitals of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Fund</B>&rdquo; has the meaning set forth in
the Introductory Paragraph of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Governmental Authority</B>&rdquo; has the meaning
set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Guarantor</B>&rdquo; has the meaning set forth
in the Introductory Paragraph of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Investor</B>&rdquo; has
the meaning set forth in the Introductory Paragraph of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Issuer</B>&rdquo; has the
meaning set forth in the Recitals of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Issuer Group</B>&rdquo;
has the meaning set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Material Adverse Effect</B>&rdquo; has the meaning
set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Merger</B>&rdquo; has the meaning set forth
in the Recitals of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Note</B>&rdquo; has the meaning set forth in
Section 2.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Note Subscription Agreement</B>&rdquo;
has the meaning set forth in the Recitals of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"></P>

<!-- Field: Page; Sequence: 95; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>NYSE</B>&rdquo; has the
meaning set forth in the Recitals of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Obligors</B>&rdquo; has
the meaning set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Permitted Indebtedness</B>&rdquo;
has the meaning set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>PRC</B>&rdquo; has the
meaning set forth in the Introductory Paragraph of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Privatization</B>&rdquo;
has the meaning set forth in the Recitals of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Privatization Deadline</B>&rdquo;
means September 30, 2017 or any other date as agreed between Investor and Issuer in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Restructuring</B>&rdquo;
has the meaning set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Security Interest</B>&rdquo;
has the meaning set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Share Purchase</B>&rdquo;
has the meaning set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<B>Solar Shares</B>&rdquo; has the meaning set
forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Subsidiary</B>&rdquo; has
the meaning set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Target</B>&rdquo; has the
meaning set forth in the Recitals of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Third Party Transaction</B>&rdquo;
has the meaning set forth in Section 4.13(a) of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Transaction Documents</B>&rdquo;
has the meaning set forth in Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="color: #010000">1.2</FONT></TD><TD STYLE="text-align: justify"><U>Headings</U>. Titles and sections are for convenience
only and neither limit nor amplify the provisions of this Deed, and all references herein to sections or paragraphs shall refer
to the corresponding sections or paragraphs of this Deed unless specific reference is made to such sections or paragraphs of another
document or instrument.</TD>
</TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="color: #010000">1.3</FONT></TD><TD STYLE="text-align: justify"><U>Interpretation</U>. Unless the context requires otherwise
or unless otherwise specified herein, in this Deed:</TD>
</TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">All words used in the singular herein are deemed to have
been used in the plural and in the masculine includes the feminine and the neuter and vice versa;</TD>
</TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">Any reference to any &ldquo;<B>party</B>&rdquo;, is a reference
to that party or its successors in title and permitted assigns;</TD>
</TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 96; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">Any reference to any &ldquo;<B>agreement</B>&rdquo; or
&ldquo;<B>instrument</B>&rdquo; is a reference to that agreement or instrument as amended or novated;</TD>
</TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">Any reference to a &ldquo;<B>person</B>&rdquo; is deemed
to refer to an individual, a partnership, a corporation (including a business trust), a joint stock company, a limited liability
company, an unincorporated association, a joint venture or other entity or a Governmental Authority; and</TD>
</TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="color: #010000">(e)</FONT></TD><TD STYLE="text-align: justify">The word &ldquo;<B>including</B>&rdquo; or &ldquo;<B>includes</B>&rdquo;
means &ldquo;<B>including without limitation</B>&rdquo; or &ldquo;<B>includes without limitation</B>&rdquo;.</TD>
</TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.4</FONT></TD><TD STYLE="text-align: justify"><U>Statutory References</U>. Unless the context requires otherwise:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">Any reference to &ldquo;<B>laws</B>&rdquo; means all laws,
statutes, rules, regulations, permits, ordinances, orders, and other pronouncements having the effect of law of any nation, state,
county, city or other political subdivision or of any other Governmental Authority applicable to the parties, their assets or
properties, this Deed and the other Transaction Documents or the consideration hereunder;</TD>
</TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">Any reference to a &ldquo;<B>statute</B>&rdquo; means the
statute in force as at the date of this Deed and any successor statute (together with all regulations promulgated thereunder and
as amended, modified, codified or re-enacted from time to time); and</TD>
</TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">Any reference to a &ldquo;<B>regulation</B>&rdquo; includes
any regulation, rule, official directive, order, request, codes of practice or guideline (whether or not having the force of law)
of any governmental, intergovernmental or supranational body, agency, department or regulatory, self-regulatory or other authority
or organization; and</TD>
</TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.5</FONT></TD><TD STYLE="text-align: justify"><U>Computation of Time Periods</U>. In the computation of periods of time from a specified date
to a later specified date, the word &ldquo;from&rdquo; means from and including and the words &ldquo;to&rdquo; and &ldquo;until&rdquo;
each means to but excluding.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.6</FONT></TD><TD STYLE="text-align: justify"><U>Date of Performance</U>. Time periods within or following which any action to be taken or payment
is to be made are to be calculated by excluding the day on which the period commences and including the day on which the period
ends. Whenever the last day of that period is not a business day, such action shall be taken or such payment shall be made on the
first business day following such day.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.7</FONT></TD><TD STYLE="text-align: justify"><U>Currency and Payment Obligations</U>. Unless otherwise specified, all references to amounts
of money in this Deed refer to U.S. Dollars. Any payment under this Deed shall be made by wire transfer, certified check or other
method that provides immediately available funds.</TD></TR></TABLE>

<P STYLE="color: #010000; font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000">2.</FONT></TD><TD STYLE="text-align: justify">Termination and Release</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">2.1</FONT></TD><TD STYLE="text-align: justify"><U>Termination and Release</U>. This Deed shall terminate with immediate effect upon the earlier
of (a) the redemption by the Investor or Issuer in whole or in part of Note issued to Investor pursuant to the terms of the Notes
(including the completion of the Restructuring); and (b) the termination of this Deed by mutual written agreement of Investor and
Guarantor. On termination of this Deed:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 97; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">Guarantor is released from all obligations under this Deed, be they past, current or future, and
all rights arising under this Deed are extinguished; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">Investor releases Guarantor from any and all claims under or related to this Deed.</TD></TR></TABLE>

<P STYLE="color: #010000; font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000">3.</FONT></TD><TD STYLE="text-align: justify">Guarantee and Indemnity</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.1</FONT></TD><TD STYLE="text-align: justify"><U>Guarantee and Indemnity</U>. Guarantor hereby irrevocably and unconditionally:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">guarantees to Investor the performance of all of the obligations of each Obligor under the Transaction
Documents;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">undertakes with Investor that whenever an Obligor does not pay any amount when due under or in
connection with the Transaction Documents, Guarantor shall immediately on demand pay that amount as if he were the principal obligor;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">undertakes to Investor that, if any amount that would otherwise be claimed by Investor under paragraphs
(a) and (b) above is for any reason not recoverable thereunder on the basis of a guarantee, Guarantor shall, as a principal debtor
and primary obligor, indemnify Investor immediately on demand against any cost, loss or liability that Investor may incur or suffer
as a result of the Obligor not paying any amount when (if such amount were recoverable by Investor) it would have had to pay under
paragraphs (a) and (b) above if the amount claimed had been recoverable on the basis of a guarantee.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.2</FONT></TD><TD STYLE="text-align: justify"><U>Continuing Guarantee</U>. This Deed is a continuing guarantee and will extend to the ultimate
balance of sums payable by all Obligors under the Transaction Documents, regardless of any intermediate payment or discharge in
whole or in part.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.3</FONT></TD><TD STYLE="text-align: justify"><U>Immediate Recourse</U>. Guarantor waives any right he may have of first requiring Investor (or
any trustee or agent on its behalf) to proceed against or enforce any other right or security or claim payment from any person
before claiming from Guarantor under this Section 3. This waiver applies irrespective of any law to the contrary.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.4</FONT></TD><TD STYLE="text-align: justify"><U>Waiver of Defenses</U>. The obligations of the Guarantor under this Section 3 will not be affected
by any act, omission, or thing (whether or not known to him or Investor) which, but for this provision, would reduce, release or
prejudice any of his obligations under this Section. This includes:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">any time or waiver granted to, or composition with, any person;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 98; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">any release of any person under the terms of any composition or arrangement;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">the taking, variation, compromise, exchange, renewal or release of, or refusal or neglect to perfect,
take up or enforce, any rights against, or security over assets of, any person;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">any non-presentation or non-observance of any formality or other requirement in respect of any
instrument or any failure to realize the full value of any security;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(e)</FONT></TD><TD STYLE="text-align: justify">any incapacity or lack of power, authority or legal personality of or dissolution or change in
the members or status of any person;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(f)</FONT></TD><TD STYLE="text-align: justify">any amendment or replacement of any Transaction Document or any other document or security;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(g)</FONT></TD><TD STYLE="text-align: justify">any unenforceability, illegality, invalidity or non-provability of any obligation of any person
under any Transaction Document or any other document or security;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(h)</FONT></TD><TD STYLE="text-align: justify">any insolvency or similar proceedings or any change in the constitution or status of any Obligor;
or</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(i)</FONT></TD><TD STYLE="text-align: justify">any claim or right of set-off that Guarantor or any Obligor may have.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.5</FONT></TD><TD STYLE="text-align: justify"><U>Additional Security</U>. This Deed is in addition to and is not in any way prejudiced by any
other guarantee or security now or subsequently held by Investor.</TD></TR></TABLE>

<P STYLE="color: #010000; font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000">4.</FONT></TD><TD STYLE="text-align: justify">Further Undertakings</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">Guarantor hereby undertakes to Investor
the following:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.1</FONT></TD><TD STYLE="text-align: justify"><U>Covenants of Other Obligors</U>. He shall use his best efforts, including by exercising his
power, as a director, officer and shareholder of Issuer, to cause each Obligor to comply with their respective obligations under
the Transaction Documents.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.2</FONT></TD><TD STYLE="text-align: justify"><U>CAGP Transaction and Solar Transaction</U>. He shall take all necessary actions to cause Issuer
to complete the purchase of the CAGP III Shares, CAGP III Co-Investment Shares and Solar Shares on the terms set forth in the relevant
purchase agreements as soon as reasonably practicable.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.3</FONT></TD><TD STYLE="text-align: justify"><U>Completion of the Privatization</U>. To the extent permitted under the applicable laws, rules
and regulations, to facilitate the timely completion of the Privatization, he shall:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">not withdraw the offer for the Privatization, or cause Issuer to withdraw the offer for the Privatization,
as the case may be;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">to the extent that he shall have the power to do so, use his best efforts to convene board meetings
of Issuer and/or vote or cause the representative in Issuer to vote in favor of the relevant board resolutions that are required
to implement the Privatization;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 99; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">provide information for due diligence or comply with other reasonable requests from lenders in
order to procure the Bank Financing (or if considered acceptable to Guarantor (acting reasonably) to provide a warranty in respect
of such information);</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">if the Privatization requires shareholders&rsquo; approval and if permitted under the applicable
rules and regulations, vote all Target&rsquo;s shares of which he has Control as at the record date of the shareholders meeting,
in favor of the Privatization; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(e)</FONT></TD><TD STYLE="text-align: justify">use his best efforts to satisfy or assist Issuer to satisfy its conditions to the closing of the
Merger;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">unless the taking of the foregoing
actions is inconsistent with his fiduciary duties to the relevant entity under applicable laws, rules and regulations.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.4</FONT></TD><TD STYLE="text-align: justify"><U>Completion of the Restructuring</U>. To the extent permitted under the applicable laws, rules
and regulations, to facilitate the timely completion of the Restructuring, he shall:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">use his best efforts to complete the Restructuring as soon as practicable following the completion
of the Privatization, including taking all necessary actions to cause the conditions precedent thereto to be satisfied; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">if the Restructuring requires shareholders&rsquo; approval and if permitted under the applicable
rules and regulations, vote all Target&rsquo;s shares of which he has Control on the record date of the shareholders meeting, in
favor of the Restructuring,</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">unless the taking of the foregoing
actions is inconsistent with his fiduciary duties to the relevant entity under applicable laws, rules and regulations.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.5</FONT></TD><TD STYLE="text-align: justify"><U>No Disposition of Interests in Issuer Group</U>. Without the prior written consent of Investor
and other than the transactions contemplated by Existing Indebtedness, Permitted Indebtedness, Share Purchase, A/B Exchange and
other matters in connection with the Privatization, Merger and the Restructuring, Guarantor shall not take any of the following
actions, or take or omit to take any action that would have the effect of any of the following actions:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">a Liquidation Event;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">a Partial Sale, unless the Restructuring has been completed;</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">a change of Control in Issuer Group; or</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">a Voluntary Insolvency Event.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 100; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.6</FONT></TD><TD STYLE="text-align: justify"><U>Equity Securities of Target.</U> Guarantor shall only acquire or hold Equity Securities of Target
through Issuer (or its wholly owned Subsidiaries) and cause Issuer (or its wholly owned Subsidiaries) to remain the sole legal
owner or all Target shares beneficially owned by Guarantor.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.7</FONT></TD><TD STYLE="text-align: justify"><U>Compliance with Laws</U>. Guarantor shall:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">comply, in all material respects with all other applicable laws, ordinances, rules, regulations
and requirements of any governmental authorities, including the Anti-Corruption Laws; and</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">pay and discharge, before the same shall become delinquent, all income and all other material taxes,
assessments and other governmental charges or levies imposed upon him or any of his properties or assets or in respect of his businesses
or incomes except for those being contested in good faith by proper proceedings diligently conducted.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.8</FONT></TD><TD STYLE="text-align: justify"><U>Negative Pledge</U>. Unless otherwise permitted or contemplated in the Transaction Documents
or other than as a result of the transactions contemplated by Existing Indebtedness, Permitted Indebtedness, Share Purchase, A/B
Exchange and other matters in connection with the Privatization, Merger and the Restructuring, without the prior written consent
of Investor, Guarantor shall not directly or indirectly create or permit to be outstanding any Security Interest upon the whole
or any part of his ownership interest in Issuer to secure for the benefit of any person, except for any Security Interest created
in connection with the Financing, Security Interest in existence as of the date hereof, and Security Interest arising in the ordinary
course of business.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.9</FONT></TD><TD STYLE="text-align: justify"><U>Return of the Notes</U>. To the extent a Note is not redeemed, repaid, purchased, cancelled
in accordance with its terms, at the end of the Term of the relevant Note, he shall cause Issuer to redeem the relevant Note in
whole at the Basic Redemption Price.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.10</FONT></TD><TD STYLE="text-align: justify"><U>Target Board Representation and Target Letter</U>. Following completion of the Privatization,
to the extent permitted by applicable rules and regulations and subject to fiduciary duties, Guarantor shall take all necessary
actions so that Investor will have the right to appoint two representatives to the board of directors of Target (assuming that
Target board comprises five members) and one observer to attend and receive notices of the meeting of the board of directors. In
addition, following completion of the Privatization, to the extent permitted by applicable rules and regulations, the Guarantor
shall use all reasonable endeavors to procure that Target executes and delivers to Investor the letter of undertakings in such
form as mutually agreed between Target and Investor.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 101; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.11</FONT></TD><TD STYLE="text-align: justify"><U>Third Party Transaction of Target</U>. During the term of this Deed, the Guarantor covenants
and agrees that, subject to fiduciary duties to the applicable entity under applicable law, rules and regulations, unless expressly
authorized under the Transaction Documents or otherwise authorized by the prior written consent of the Investor, he shall not,
and shall cause its affiliates not to, engage in any investment or financing in relation to the privatization of the Target, including
any derivative transaction having a similar effect, other than (i) transactions with Haitong International Securities Company Limited
in connection with the Concurrent Financing; (ii) the transactions contemplated by the Share Purchase Agreement entered into as
of July 11, 2016, by and among Morgancreek Investment Holdings Limited, Carlyle Asia Growth Partners III, L.P. and CAGP III Co-Investment,
L.P., as amended and restated from time to time; (iii) the transactions contemplated by the Share Purchase Agreement entered into
as of July 11, 2016, by and between Morgancreek Investment Holdings Limited and Solar Honor Limited, as amended and restated from
time to time; (iv) the Bank Financing; and (v) any transaction the proceeds from which are to be immediately upon such incurrence
applied towards the refinancing of the transactions pursuant to sub-clauses (i) or (v) in this paragraph; provided, that the foregoing
obligation shall cease to apply after the Privatization Deadline if, by the Privatization Deadline, the Privatization has not completed.</TD></TR></TABLE>

<P STYLE="color: #010000; font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000">5.</FONT></TD><TD STYLE="text-align: justify">Representations and Warranties</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">Guarantor hereby represents and warrants
to Investor the following:</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.1</FONT></TD><TD STYLE="text-align: justify">Guarantor is of full age and of sound mind and has full capacity to enter into and perform his
obligations under any Transaction Document to which he is a party. The Guarantor has the power to enter into and perform the Transaction
Documents to which he is a party and the transactions contemplated by such Transaction Documents.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.2</FONT></TD><TD STYLE="text-align: justify">No investigation, litigation, arbitration or administrative proceedings are current or, to his
knowledge, pending or threatened in writing against him, that have or, if adversely determined, are reasonably likely to have a
Material Adverse Effect on (a) his personal assets; (b) the business, assets, properties or liabilities (actual or contingent)
of Guarantor and his Subsidiaries, (c) his ability to perform his obligations (taken as a whole) under the Transaction Documents
to which he is a party; or (d) the validity or enforceability of any Transaction Documents or the rights and remedies of Investor
thereunder.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.3</FONT></TD><TD STYLE="text-align: justify">The entry into by him of this Deed constitutes, and the exercise by him of his rights and performance
of his obligations under this Deed will constitute, private and commercial acts performed for private and commercial purposes;
and he will not be entitled to claim immunity from suit, execution, attachment or other legal process in any proceedings taken
in any jurisdiction in relation to this Deed.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.4</FONT></TD><TD STYLE="text-align: justify">The payment obligations of Guarantor under this Deed and other Transaction Documents rank at least
<I>pari passu</I> with the claims of all his other unsecured and unsubordinated creditors, except for obligations mandatorily preferred
by law applying to individuals or corporation generally.</TD></TR></TABLE>

<P STYLE="color: #010000; font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="color: #010000; font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"></FONT></P>

<!-- Field: Page; Sequence: 102; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000">6.</FONT></TD><TD STYLE="text-align: justify">Confidentiality</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">6.1</FONT></TD><TD STYLE="text-align: justify"><U>Confidential nature of this Deed</U>. Each party acknowledges that the terms and conditions
of this Deed and the other Transaction Documents and all schedules, annexure, exhibits, appendices and amendments hereto and thereto,
the transactions contemplated hereby and thereby, including their existence shall be considered confidential information and shall
not be disclosed by any party to any third party except in accordance with this Section 4, provided that the Issuer Parties may
disclose such confidential information to (a) other shareholders of the Target or the Issuer, their Affiliates or their respective
officers, directors, shareholders, lenders, bankers, advisors, and any third parties relating to the refinancing of the Notes or
Concurrent Financing, or relating to the Bank Financing, who reasonably require access to such confidential information, and (b)
any other parties with the prior consent of Investor.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">6.2</FONT></TD><TD STYLE="text-align: justify"><U>Confidential information of Guarantor</U>. Investor acknowledges all information furnished by
Guarantor or its Affiliates and their respective officers, directors, partners, shareholders, employees and agents (whether or
not duly authorized) pursuant to this Deed is confidential and for its own use only, and agrees to hold in confidence and trust
and not to disclose or disseminate such information to any other person (other than on a confidential basis to its employees or
agents, investors, partners, prospective investors or prospective partners, having a need to know the contents of such information,
and their attorneys who must also undertake to Guarantor a corresponding obligation of confidentiality to that undertaken by Investor
under this Section 6.2), unless (i) Investor has obtained such information from source other than Guarantor (provided that Investor,
acting with due care and diligence, has no reason to believe that such source is bound by any confidentiality obligation to Guarantor
in respect of such information) or (ii) Guarantor has made such information available to the public generally or (iii) a party
to this Deed is required to disclose such information by Governmental Authority.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">6.3</FONT></TD><TD STYLE="text-align: justify"><U>Legally Compelled Disclosure</U>. With the exception of any SEC Filings required to be made
by Issuer or any of its Affiliates, in the event that any party (other than Investor) is requested or becomes legally compelled
and/or as required under any applicable laws and the listing rules of the NYSE (including without limitation, pursuant to any applicable
tax, securities, or other laws of any jurisdiction) to disclose any confidential information referred to in this Section 4, such
party (the &ldquo;<B>Disclosing Party</B>&rdquo;) shall to the extent permitted by law provide the other parties with prompt written
notice of that fact and shall consult with the other parties regarding such disclosure. At the request of the other party, the
Disclosing Party shall, to the extent reasonably possible and with the cooperation and reasonable efforts of the other parties,
seek a protective order, confidential treatment or other appropriate remedy. In any event, the Disclosing Party shall furnish only
that portion of the information that is legally required and/or as required under the relevant listing rules and shall exercise
reasonable efforts to obtain reliable assurance that confidential treatment will be accorded to such information.</TD></TR></TABLE>

<P STYLE="color: #010000; font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase; color: #010000">7.</FONT></TD><TD STYLE="text-align: justify">Miscellaneous</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.1</FONT></TD><TD STYLE="text-align: justify"><U>Successors and Assigns</U>. Subject to the restrictions on assignment described in this Deed,
the rights and obligations of parties shall be binding upon and benefit the successors, assigns, heirs, administrators and transferees
of the parties.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 103; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.2</FONT></TD><TD STYLE="text-align: justify"><U>Waiver and Amendment</U>. Any provision of this Deed may be amended, waived or modified upon
the written agreement of Guarantor and Investor.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.3</FONT></TD><TD STYLE="text-align: justify"><U>Assignment by Parties</U>. Investor may not assign or transfer any or all of its rights and
obligations under this Deed to a transferee of the Note without consent of Guarantor. The rights, interests or obligations of Guarantor
hereunder may not be assigned, in whole or in part, by any of them without the prior written consent of Investor.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.4</FONT></TD><TD STYLE="text-align: justify"><U>Survival</U>. The representations, warranties, covenants and agreements made herein shall survive
the execution and delivery of this Deed.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.5</FONT></TD><TD STYLE="text-align: justify"><U>Entire Agreement</U>. This Deed together with the other Transaction Documents constitute and
contain the entire agreement among parties and supersede any and all prior agreements, negotiations, correspondence, understandings
and communications among parties, whether written or oral, respecting the subject matter hereof.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.6</FONT></TD><TD STYLE="text-align: justify"><U>Termination</U>. This Deed shall terminate upon the earlier of (a) the redemption in whole or
in part of Note issued to Investor pursuant to the terms of the Notes; and (b) the termination of this Deed by mutual written agreement
of Investor and Guarantor.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.7</FONT></TD><TD STYLE="text-align: justify"><U>Notices</U>. All notices, requests, demands, consents, instructions or other communications
required or permitted hereunder shall be in writing and delivered to each party as follows:</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">if to Investor:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -1in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 86%; border-collapse: collapse; margin-left: 1in">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Address</FONT></TD>
    <TD STYLE="width: 5%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="width: 75%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-left: 0.125in">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Email</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">88445413@qq.com/ frank.yang@bocggp.com</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Attention</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">YANG Feng</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -1in">or at such other
address as Investor shall have furnished Guarantor in writing.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">if to Guarantor:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -1in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 86%; border-collapse: collapse; margin-left: 1in">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Address</FONT></TD>
    <TD STYLE="width: 5%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="width: 75%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">18/F, Tower A, Global Trade Center, 36 North 3rd Ring Road East, Dongcheng District, Beijing, PRC&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Facsimile</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">86-10-59575252</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Attention</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Mr. Botao Shi</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify; text-indent: -1in">or at such other
address as Guarantor shall have furnished Investor in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"></P>

<!-- Field: Page; Sequence: 104; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in">All such notices
and communications shall be effective (1) when sent by international express courier or other overnight service of recognized standing,
on the business day following the deposit with such service; (2) when mailed, by registered or certified mail, first class postage
prepaid and addressed as aforesaid, on the earlier of receipt and on the fourth business day after the date of mailing; (3) when
delivered by hand, upon delivery; (4) when faxed, upon confirmation that all pages have been transmitted except where the dispatch
is not on a business day; and (5) when emailed, upon such email being sent by the sender and no transmission error message being
received by the sender. If a communication would otherwise be deemed to have been delivered outside normal business hours (after
5:30 p.m. on a business day) in the time zone of the territory of the recipient under this Section 7.7, it shall be deemed to have
been delivered at 9:30 a.m. on the next opening of business in the territory of the recipient. In proving service of a communication,
it shall be sufficient to show that delivery by hand was made or that the envelope containing the communication was properly addressed
and mailed or that the facsimile transmission was dispatched and a confirmatory transmission report or other acknowledgment of
good receipt was received.</P>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.8</FONT></TD><TD STYLE="text-align: justify"><U>No Partnership</U>. Nothing in this Deed shall constitute or be deemed to constitute a partnership
between the parties or any of them.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.9</FONT></TD><TD STYLE="text-align: justify"><U>Severability</U>. If any provision of this Deed or the application thereof to any person or
circumstance shall be invalid or unenforceable to any extent, the remainder of this Deed and the application of such provision
to other persons or circumstances shall not be affected thereby and shall be enforced to the maximum extent permitted by law.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.10</FONT></TD><TD STYLE="text-align: justify"><U>Governing Law</U>. This Deed and all actions arising out of or in connection with this Deed
shall be governed by and construed in accordance with the laws of Hong Kong.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.11</FONT></TD><TD STYLE="text-align: justify"><U>Jurisdiction</U>. The courts of Hong Kong are to have jurisdiction to settle any disputes which
may arise out of or in connection with the Deed and, accordingly, any legal action or proceedings arising out of or in connection
with the Deed may be brought in such courts.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.12</FONT></TD><TD STYLE="text-align: justify"><U>Service of Process</U>. Guarantor hereby irrevocably designates and appoints King Fair Secretaries
Limited with its address at Room 1701, 9 Chong Yip Street, Kwun Tong, Kowloon, Hong Kong as his authorized agent upon which process
may be served in any such legal action or proceedings. Subject to applicable law, such service shall be deemed to be completed
on delivery to such process agent.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.13</FONT></TD><TD STYLE="text-align: justify"><U>Expenses</U>. All legal costs, professional fees and expenses incurred in connection with the
parties&rsquo; negotiation, preparation, and execution of the Transaction Documents, and all legal, accounting, and administrative
costs of the Financing, including Investor&rsquo;s counsel and other professional advisors fees and expenses which have been reasonably
incurred and any statutory charge incurred by Investor in the establishment of the Fund, shall be dealt with in accordance with
Section 10.13 of the Note Subscription Agreement.</TD></TR></TABLE>

<P STYLE="color: #010000; font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">7.14</FONT></TD><TD STYLE="text-align: justify"><U>No Presumption</U>. The parties acknowledge that any applicable law that would require interpretation
of any claimed ambiguities in this Deed against the party that drafted it has no application and is expressly waived. If any claim
is made by a party relating to any conflict, omission or ambiguity in the provisions of this Deed, no presumption or burden of
proof or persuasion will be implied because this Deed was prepared by or at the request of any party or its counsel.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>[The remainder of this page is intentionally
left blank.]</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 105; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">This Deed has been entered into and delivered to Investor
on the date stated at the beginning of this Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 35%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Guarantor</B></FONT></TD>
    <TD STYLE="width: 5%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 60%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>SIGNED</B>, <B>SEALED</B> and <B>DELIVERED</B></FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">as a <B>DEED</B> by <B>JIANGYU YANG</B></FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">holder of PRC passport number G34162060 </FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">in the presence of: </FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Signature Page to Deed of Personal Guarantee
and Undertakings</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 106 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>EXHIBIT C</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM OF TARGET SECURITIES CHARGE</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>DEED
OF Securities CHARGE</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">dated [&#9679;], 2017</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">created by</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Morgancreek
Investment Holdings Limited</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">as Chargor</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">in favour of</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Blue
Ocean Structure Investment II Company Limited</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 107 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">CONTENTS</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="line-height: 125%; text-align: justify"><FONT STYLE="font-size: 10pt"><B>CLAUSE</B></FONT></TD>
    <TD STYLE="line-height: 125%; text-align: right"><FONT STYLE="font-size: 10pt"><B>PAGE</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 125%; text-align: justify; width: 6%">&nbsp;</TD>
    <TD STYLE="line-height: 125%; text-align: justify; width: 84%">&nbsp;</TD>
    <TD STYLE="line-height: 125%; text-align: right; width: 10%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">1.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">DEFINITIONS AND INTERPRETATION</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">2.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">UNDERTAKINGS</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">6</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">3.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">SECURITY</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">4.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">RESTRICTIONS AND FURTHER ASSURANCE</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">5.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">CHARGED SECURITIES</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">8</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">6.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">GENERAL UNDERTAKINGS</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">9</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">7.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">REPRESENTATIONS AND WARRANTIES</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">8.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">ENFORCEMENT</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">9.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">APPOINTMENT AND RIGHTS OF RECEIVERS</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">10.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">INVESTOR&rsquo;S RIGHTS</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">11.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">ORDER OF DISTRIBUTIONS</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">12.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">LIABILITY OF INVESTOR, RECEIVERS AND DELEGATES</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">15</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">13.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">POWER OF ATTORNEY</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">15</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">14.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">PROTECTION OF THIRD PARTIES</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">15</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">15.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">SAVING PROVISIONS</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">16.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">DISCHARGE OF SECURITY</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">17.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">ENFORCEMENT EXPENSES</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">18.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">PAYMENTS</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">19.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">RIGHTS, WAIVERS AND DETERMINATIONS</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">20.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">SEPARATE AND INDEPENDENT OBLIGATIONS</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">21.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">COUNTERPARTS</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">22.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">GOVERNING LAW</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">23.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; text-transform: uppercase">jurisdiction</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">24.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">CONSENT</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">25.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">VARIATION</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt; color: #010000">26.</FONT></TD>
    <TD STYLE="line-height: normal; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">NOTICES</FONT></TD>
    <TD STYLE="line-height: normal; text-align: right; text-indent: 0in"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">THE SCHEDULES</P>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>SCHEDULE</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%; line-height: 125%; text-align: left"><FONT STYLE="font-size: 10pt">SCHEDULE 1</FONT></TD>
    <TD STYLE="width: 80%; line-height: 125%; text-align: left"><FONT STYLE="font-size: 10pt">SECURITIES</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 125%; text-align: left">&nbsp;</TD>
    <TD STYLE="line-height: 125%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 125%; text-align: left"><FONT STYLE="font-size: 10pt">SCHEDULE 2</FONT></TD>
    <TD STYLE="line-height: 125%; text-align: left"><FONT STYLE="font-size: 10pt">NOTICE TO THE CUSTODIAN</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 125%; text-align: left">&nbsp;</TD>
    <TD STYLE="line-height: 125%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 125%; text-align: left"><FONT STYLE="font-size: 10pt">SCHEDULE 3</FONT></TD>
    <TD STYLE="line-height: 125%; text-align: left"><FONT STYLE="font-size: 10pt">CUSTODIAN ACKNOWLEDGMENT TO THE CHARGEE</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 125%; text-align: left">&nbsp;</TD>
    <TD STYLE="line-height: 125%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 125%; text-align: left"><FONT STYLE="font-size: 10pt">SCHEDULE 4</FONT></TD>
    <TD STYLE="line-height: 125%; text-align: left"><FONT STYLE="font-size: 10pt">RIGHTS OF RECEIVERS</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>


<!-- Field: Page; Sequence: 108 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">THIS <B>DEED OF SECURITIES CHARGE</B>
(this &ldquo;<B>Deed</B>&rdquo;) is dated [&#9679;], 2017 and made among:</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(1)</TD><TD STYLE="text-align: justify"><B>Morgancreek Investment Holdings Limited</B>, a BVI business company incorporated with limited
liability under the laws of the British Virgin Islands with registered office at P.O. Box 957, Offshore Incorporations Centre,
Road Town, Tortola, British Virgin Islands (&ldquo;<B>Chargor</B>&rdquo;); and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left">(2)</TD><TD STYLE="text-align: justify"><B>Blue Ocean Structure Investment II Company Limited</B>,
a BVI business company incorporated with limited liability under the laws of the British Virgin Islands with registered office
at P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands (&ldquo;<B>Investor</B>&rdquo;).</TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Background</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(A)</TD><TD STYLE="text-align: justify">Chargor is the largest shareholder of Concord Medical Services Holdings Limited (&ldquo;<B>Target</B>&rdquo;),
a Cayman Islands exempted company with the principal executive office at 18/F, Tower A, Global Trade Center, 36 North Third Ring
Road East, Dongcheng District, Beijing 100013, PRC, whose share are listed on the New York Stock Exchange, directly holding approximately
45.4% of Target&rsquo;s issued and outstanding share capital;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(B)</TD><TD STYLE="text-align: justify">On July 11, 2016, Chargor, Mr. Jianyu Yang, a resident of the People&rsquo;s Republic of China
(the &ldquo;<B>PRC</B>&rdquo;, and solely for the purpose of this Deed, excluding Hong Kong, Macau Special Administrative Region
and Taiwan) with PRC Passport number G34162060 (&ldquo;<B>Founder</B>&rdquo;) and Blue Ocean Management Limited submitted a preliminary,
non-binding proposal to Target&rsquo;s board of directors to acquire all Equity Securities (including ADSs) of Target not already
owned by Chargor (the &ldquo;<B>Privatization</B>&rdquo;);</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(C)</TD><TD STYLE="text-align: justify">Investor has agreed to provide Financing to Chargor under a Note Subscription Agreement dated as
of February 9, 2017, among Chargor, Founder, Blue Ocean Project Fund II, LP and Investor (the &ldquo;<B>Note Subscription Agreement</B>&rdquo;),
for purposes as stipulated therein (Chargor, Founder and Target (only to the extent that Target provides undertakings to Investor
following completion of the Privatization) are hereinafter referred to collectively as the &ldquo;<B>Obligors</B>&rdquo;);</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(D)</TD><TD STYLE="text-align: justify">As a condition to its agreement to provide the Financing, Investor has required Chargor to create
a first ranking security interest in certain shares of Target it beneficially owns; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(E)</TD><TD STYLE="text-align: justify">Accordingly, the parties desire to enter into this Deed in order to reflect the foregoing.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">This DEED witnesses the following:</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">1.</FONT></TD><TD STYLE="text-align: justify">DEFINITIONS AND INTERPRETATION</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000"></P>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.1</FONT></TD><TD STYLE="text-align: justify"><U>Certain Defined Terms</U>. As used in this Deed, capitalized terms used but not otherwise defined
herein shall have the same meanings as defined in the Note Subscription Agreement. In addition, the following capitalized terms
shall have the following meanings:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"></P>

<!-- Field: Page; Sequence: 109; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>A/B Exchange</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>ADSs</B>&rdquo;
means American depositary shares in Target, each such ADS representing three (3) Target shares.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Bank Financing</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>business day</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>BVI BC Act</B>&rdquo;
has the meaning given to it under Clause 6.2(a)(i).</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Charged Assets</B>&rdquo;
means the Securities, Investment Income and rights with respect to any Credit Balance.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Charges</B>&rdquo;
means all or any of the Security Interests created or expressed to be created by or pursuant to this Deed.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Chargor</B>&rdquo;
has the meaning given to it under introductory paragraph.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Closing</B>&rdquo;
has the meaning given to it under section 2.2 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Companies Ordinance</B>&rdquo;
means the Companies Ordinance (Cap. 622) of the Laws of Hong Kong.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Control</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>CPO</B>&rdquo; means
the Conveyancing and Property Ordinance (Cap. 219) of the Laws of Hong Kong.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Credit Balance</B>&rdquo;
means, in relation to the Securities Account:</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">the amount for the time being standing to the credit of the Securities Account;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">any amount received and required to be credited to the Securities Account but which such amount
has not yet been credited to the Securities Account; or</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">any interest accrued or accruing on an amount referred to in either (a) or (b) above, whether or
not such interest has been credited to the Securities Account.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Custodian</B>&rdquo;
means [&#9679;], whose principal place of business is situated at [address].</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 110; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Deed</B>&rdquo;
has the meaning given to it in the introductory paragraph.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Delegate</B>&rdquo;
means a delegate or sub-delegate appointed under Clause 10.2 (Delegation).</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Equity Securities</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Existing Indebtedness</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Financing</B>&rdquo;
has the meaning given to it under the recitals of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Founder</B>&rdquo;
has the meaning given to it in the Recitals.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Hong Kong</B>&rdquo;
has the meaning given to it under Section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Investment Income</B>&rdquo;
means, in respect of any Securities, all present and future dividends, interest payments, redemption price, and distributions of
any kind and any other sum received or receivable by the holder of such Securities.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Investor</B>&rdquo;
has the meaning given to it in the introductory paragraph.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Long Stop Date</B>&rdquo;
has the meaning given to it under section 10.4 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Merger</B>&rdquo;
has the meaning given to it in the Recitals of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Note</B>&rdquo;
has the meaning given to it under section 2.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Note Subscription
Agreement</B>&rdquo; has the meaning given to it in the Recitals.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Obligor Default</B>&rdquo;
has the meaning given to it under section 6.5 of the Note.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Obligors</B>&rdquo;
has the meaning given to it in the Recitals.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Permitted Indebtedness</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>PRC</B>&rdquo; has
the meaning given to it in the Recitals.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Privatization</B>&rdquo;
has the meaning given to it under the Recitals.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Receiver</B>&rdquo;
means a receiver and manager or other receiver appointed under this Deed in respect of the Charged Assets under this Deed.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Register of Charges</B>&rdquo;
has the meaning given to it under Clause 6.2(a)(i).</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 111; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Registrar of Corporate
Affairs</B>&rdquo; has the meaning given to it under Clause 6.2(a)(iii).</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Restructuring</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Secured Liabilities</B>&rdquo;
means all present and future moneys, debts and liabilities due, owing or incurred by the Obligors to Investor under or in connection
with the Transaction Documents (in each case whether actually or contingently and whether as principal, surety or otherwise).</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Securities</B>&rdquo;
means that certain Equity Securities of Target beneficially owned by Chargor and certain Equity Securities of Target held in or
standing to the credit of the Securities Account from time to time as specified in Schedule 1 (Particulars of Securities), as may
be amended by the parties from time to time.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Securities Account</B>&rdquo;
means the account in the name of &ldquo;Morgancreek Investment Holdings Limited&rdquo; with account number [&#9679;] with the Custodian
(including any other account which may be opened in place of such account, irrespective of the designation or number of such replacement
account and any sub-account of that account or such replacement and any bank account denominated in whatsoever currency to which
any dividends or interest may be paid) as such account may be redesignated or renumbered from time to time.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Security Interest</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Share Purchase</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Subsidiary</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Target</B>&rdquo;
has the meaning given to it in the Recitals.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Transaction Documents</B>&rdquo;
has the meaning given to it under section 1.1 of the Note Subscription Agreement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&ldquo;<B>Winding-up</B>&rdquo;
means winding up, liquidation, bankruptcy, insolvency, administration or any analogous procedure or step in any jurisdiction.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.2</FONT></TD><TD STYLE="text-align: justify"><U>Headings</U>. Titles and clauses are for convenience only and neither limit nor amplify the
provisions of this Deed, and all references herein to clauses or paragraphs shall refer to the corresponding clauses or paragraphs
of this Deed unless specific reference is made to such clauses or paragraphs of another document or instrument.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.3</FONT></TD><TD STYLE="text-align: justify"><U>Interpretation</U>. Unless the context requires otherwise or unless otherwise specified herein,
in this Deed:</TD></TR></TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 112; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">All words used in the singular herein are deemed to have been used in the plural and in the masculine
includes the feminine and the neuter and vice versa;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">Any reference to any &ldquo;<B>party</B>&rdquo;, is a reference to that party or its successors
in title and permitted assigns;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">Any reference to any &ldquo;<B>agreement</B>&rdquo; or &ldquo;<B>instrument</B>&rdquo; is a reference
to that agreement or instrument as amended or novated;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">Any reference to a &ldquo;<B>person</B>&rdquo; is deemed to refer to an individual, a partnership,
a corporation (including a business trust), a joint stock company, a limited liability company, an unincorporated association,
a joint venture or other entity or a governmental authority;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(e)</FONT></TD><TD STYLE="text-align: justify">The word &ldquo;<B>including</B>&rdquo; or &ldquo;<B>includes</B>&rdquo; means &ldquo;<B>including
without limitation</B>&rdquo; or &ldquo;<B>includes without limitation</B>&rdquo;; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(f)</FONT></TD><TD STYLE="text-align: justify">An &ldquo;<B>Obligor Default</B>&rdquo; is &ldquo;<B>continuing</B>&rdquo; if it has not been remedied
or waived.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.4</FONT></TD><TD STYLE="text-align: justify"><U>Share Ownership Percentage</U>. The number of shares of common stock or other securities issued
by a person on a &ldquo;<B>fully diluted basis</B>&rdquo; means the number of shares outstanding (including restricted shares)
assuming the conversion or the exercise of all Equity Securities of the person, whether or not vested and regardless of whether
the conversion or exercise price of any Equity Security is above or below the then market price, to the extent the Equity Securities
are previously issued and not terminated, cancelled or held in treasury by the person, whether or not treated as outstanding by
the person.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.5</FONT></TD><TD STYLE="text-align: justify"><U>Statutory References</U>. Unless the context requires otherwise:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">Any reference to &quot;<B>laws</B>&quot; means all laws, statutes, rules, regulations, permits,
ordinances, orders, and other pronouncements having the effect of law of any nation, state, county, city or other political subdivision
or of any other governmental authority applicable to the parties, their assets or properties, this Deed and the other Transaction
Documents or the consideration hereunder;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">Any reference to a &ldquo;<B>statute</B>&rdquo; means the statute in force as at the date of this
Deed and any successor statute (together with all regulations promulgated thereunder and as amended, modified, codified or re-enacted
from time to time); and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">Any reference to a &ldquo;<B>regulation</B>&rdquo; includes any regulation, rule, official directive,
order, request, codes of practice or guideline (whether or not having the force of law) of any governmental, intergovernmental
or supranational body, agency, department or regulatory, self-regulatory or other authority or organization; and</TD></TR></TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 113; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; color: #010000">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.6</FONT></TD><TD STYLE="text-align: justify"><U>Computation of Time Periods</U>. In the computation of periods of time from a specified date
to a later specified date, the word &ldquo;from&rdquo; means from and including and the words &ldquo;to&rdquo; and &ldquo;until&rdquo;
each means to but excluding.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">1.7</FONT></TD><TD STYLE="text-align: justify"><U>Date of Performance</U>. Time periods within or following which any action to be taken or payment
is to be made are to be calculated by excluding the day on which the period commences and including the day on which the period
ends. Whenever the last day of that period is not a business day, such action shall be taken or such payment shall be made on the
first business day following such day.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">1.8</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><U>Currency and Payment Obligations</U>. Unless otherwise specified,
all references to amounts of money in this Deed refer to U</FONT>.S. Dollars<FONT STYLE="font-size: 10pt">. Any payment under this
Note shall be made by wire transfer, certified check or other method that provides immediately available funds. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">2.</FONT></TD><TD STYLE="text-align: justify">UNDERTAKINGS</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">2.1</FONT></TD><TD STYLE="text-align: justify"><U>Undertaking by Chargor to pay</U>. Chargor shall pay each of its Secured Liabilities when due
in accordance with its terms.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">2.2</FONT></TD><TD STYLE="text-align: justify"><U>Undertaking by Investor to unwind</U>. Despite any other provision in this Deed or any other
Transaction Document, if (i) the First Closing fails to take place before the First Closing Long Stop Date or on termination of
the Note Subscription Agreement (whichever is earlier), (ii) after all the Secured Liabilities incurred prior to the Long Stop
Date or termination have been paid in full, or (iii) immediately prior to the closing of the Privatization, as the case may be,
within two (2) business day of a request from Chargor and at the cost of Chargor, Investor must and must procure that any persons
Controlled by it and any other parties:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">release, reassign or discharge (as appropriate) the Charged Assets from the Charges;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">do all things necessary to enable an expeditious release, reassignment or discharge (as appropriate)
including executing and delivering all such deeds, agreements and other documents as may be considered necessary, including for
the avoidance of doubt, a notice to Custodian that it has released to Chargor the rights relating to the Securities Account;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">return to Chargor any separate powers of attorney, deeds, agreements, certificates, instruments
of transfer of the Shares executed in blank or any other documents granted or provided to the Investor or another party pursuant
to this Deed; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">without limiting any of the above provisions, do all things necessary to ensure that Chargor is
in the same position that it would be in but for the charge of the Charged Assets under this Deed.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal"></FONT></P>

<!-- Field: Page; Sequence: 114; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">3.</FONT></TD><TD STYLE="text-align: justify">SECURITY</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.1</FONT></TD><TD STYLE="text-align: justify"><U>Equitable Charge</U>. On the date of this Deed or otherwise within the time specified in Section
8 of the Note Subscription Agreement, Chargor, as beneficial owner of all of the Securities, and as continuing security for the
due and punctual payment and discharge of all Secured Liabilities, charges in favour of Investor by way of first fixed charge all
of the rights, title and interest from time to time held by Chargor in the Charged Assets.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.2</FONT></TD><TD STYLE="text-align: justify"><U>Certificates etc.</U> Chargor shall on the date of this Deed, and, where Securities are acquired
or subscribed for by it after the date of the Closing, deliver to Investor, or as it directs, all certificates representing such
Securities registered in its name (if any), instruments of transfer of the Securities executed in blank, and shall promptly deliver
to Investor, or as it directs, any other documents relating to the Securities which Investor reasonably requires in order to enable
Investor or its nominees to perfect its Security Interest over the Charged Assets. Chargor agrees that at any time after the Charges
become enforceable in accordance with Clause 8.1, Investor may, at the cost of Chargor, register the Securities in the name of
Investor or its nominee.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">3.3</FONT></TD><TD STYLE="text-align: justify"><U>Instructions to Custodian.</U> On execution of this Deed, Chargor shall send to the Custodian
a notice in the form set out in Schedule 2, and shall use its reasonable endeavour to cause the Custodian to execute the acknowledgment
in the form set out in Schedule 3 no later than one (1) business day after the date of this Deed; provided that failure by Chargor
to deliver the acknowledgement executed by the Custodian shall not constitute a breach of this Deed or an Obligor Default.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">4.</FONT></TD><TD STYLE="text-align: justify">RESTRICTIONS AND FURTHER ASSURANCE</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.1</FONT></TD><TD STYLE="text-align: justify"><U>Legal Title</U>. If as at the date of this Deed, Chargor is the beneficial owner of any of the
Charged Assets, then Chargor hereby covenants that it will at all times remain the beneficial owner of those Charged Assets. If
during the term of this Deed, Chargor becomes the beneficial owner of any additional Charged Assets, then Chargor hereby covenants
that it will at all times remain the beneficial owner of those additional Charged Assets on and from the date that Chargor first
acquires beneficial ownership.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.2</FONT></TD><TD STYLE="text-align: justify"><U>No Transfer of Securities in the Securities Account.</U> Except with the prior written consent
of Investor, Chargor may not withdraw, transfer or otherwise apply, and shall not have any right to require Investor to make or
authorize any payment, withdrawal, transfer or application (whether to the Chargor or any other person) of, all or any part of
the Credit Balance or all or part of the Securities from the Securities Account.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.3</FONT></TD><TD STYLE="text-align: justify"><U>No action in relation to the Securities Account.</U> Without Investor&rsquo;s prior written
consent, Chargor shall not purport to give any authorization or instruction to Custodian concerning the Securities Account, attempt
to vary, or permit to be varied, any right relating to the Securities Account or to the Credit Balance on the Securities Account
or waive any such right, not permit any such right to be lost, suspended or impaired or enter to any transaction, or do anything,
which is contrary to, or may have an adverse effect on the rights of Investor under this Deed.</TD></TR></TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 115; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.4</FONT></TD><TD STYLE="text-align: justify"><U>Security Interests</U>. Chargor shall not create or permit to subsist any Security Interest
over any Charged Asset (other than Security Interest created under this Deed).</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.5</FONT></TD><TD STYLE="text-align: justify"><U>Disposal</U>. Chargor shall not (nor agree to) enter into a single transaction or a series of
transactions (whether related or not and whether voluntary or involuntary) to sell, lease, transfer or otherwise dispose of any
Charged Asset except as permitted by this Deed and/or the Transaction Documents, or with the prior written consent of Investor.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.6</FONT></TD><TD STYLE="text-align: justify"><U>Further Assurance</U>. Chargor shall promptly do whatever Investor reasonably requires:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">to perfect or protect the Charges or the priority of the Charges; or</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">to facilitate the realisation of the Charged Assets or the exercise of any rights vested in Investor
or any Receiver after the Charges become enforceable in accordance with Clause 8.1,</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">including executing any transfer,
conveyance, charge, mortgage, assignment or assurance of the Charged Assets (whether to Investor or its nominees or otherwise),
making any registration and giving any notice, order or direction.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.7</FONT></TD><TD STYLE="text-align: justify"><U>Registration</U>. Chargor will (and, if applicable, will procure that its nominees), at any
time after the Charges become enforceable in accordance with Clause 8.1, immediately upon the completion of any transfer of Charged
Assets to Investor or its nominee, procure the registration of those transfers in the books of Target.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">4.8</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Payments</U>. Chargor shall pay all
calls and other payments due on any of the Charged Assets, failing which Investor may make such payment on behalf of the Chargor.
Any sum so paid by Investor shall be repayable by Chargor on demand in writing, and, pending such repayment, shall constitute part
of the Secured Liabilities and be secured by the Charged Assets.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">5.</FONT></TD><TD STYLE="text-align: justify">CHARGED SECURITIES</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.1</FONT></TD><TD STYLE="text-align: justify"><U>Acquisition</U>. Chargor shall promptly notify Investor of (a) its acquisition of, or agreement
to acquire, any Securities; and (b) the declaration, payment, allotment, offer or issue of any dividend on the Securities, upon
becoming aware of the same.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.2</FONT></TD><TD STYLE="text-align: justify"><U>Voting before Enforcement</U>. At any time prior to the Charges becoming enforceable in accordance
with Clause 8.1, Chargor shall be entitled to exercise or direct the exercise of the voting and other rights attached to any Securities
as it sees fit provided that the exercise of or failure to exercise those rights would not have an adverse effect on the value
of the relevant Securities or the Charged Assets and would not otherwise prejudice the interests of Investor under any Transaction
Document other than contemplated by the Existing Indebtedness, Permitted Indebtedness, Share Purchase, A/B Exchange and other matters
in connection with the Privatization, Merger and the Restructuring, or unless otherwise pursuant to the prior written consent of
Investor.</TD></TR></TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 116; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.3</FONT></TD><TD STYLE="text-align: justify"><U>Voting after Enforcement</U>. Without prejudice to the terms of the Transaction Documents, at
any time after the Charges become enforceable in accordance with Clause 8.1, and in relation to Securities standing to the credit
of the Securities Account, after Investor has given written notice to the Custodian:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">Investor or Receiver shall be entitled to exercise or direct the exercise of the voting and other
rights attached to any Securities beneficially owned by Chargor in such manner as it or he sees fit; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">Chargor shall comply or procure the compliance with any reasonable directions of Investor or Receiver
in respect of the exercise of those rights and shall promptly execute and/or deliver to Investor or Receiver such forms of proxy
as it or he requires with a view to enabling such person as it or he selects to exercise those rights.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.4</FONT></TD><TD STYLE="text-align: justify"><U>Investment Income</U>. At any time after the Charges become enforceable in accordance with Clause
8.1, Chargor shall hold any Investment Income received and held by it on trust for Investor and pay the same immediately to Investor
or as it may direct. Investor shall be entitled to apply the same to reduce the Secured Liabilities and to satisfy any part of
the Secured Liabilities in the order set out in Clause 11.2.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.5</FONT></TD><TD STYLE="text-align: justify"><U>Power of Attorney</U>. If any Securities legally owned by Chargor are not held in Chargor&rsquo;s
name other than pursuant to this Deed, Chargor shall promptly execute and deliver to Investor an irrevocable power of attorney,
expressed to be given by way of security and to take effect only after the Charges become enforceable in accordance with Clause
8.1 under this Deed and executed as a deed by the person in whose name those Securities are held. That power of attorney shall
appoint Investor, each Receiver and each Delegate, as the attorney of the holder in respect of those Securities and shall be in
such form as Investor requires, acting reasonably.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">5.6</FONT></TD><TD STYLE="text-align: justify"><U>Communications</U>. Chargor shall promptly execute and/or deliver to Investor a copy of each
circular, notice, report, set of accounts or other document received by it in connection with any Securities or in connection with
or from Issuer of any of the Securities.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">6.</FONT></TD><TD STYLE="text-align: justify">GENERAL UNDERTAKINGS</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">6.1</FONT></TD><TD STYLE="text-align: justify"><U>No Prejudicial Conduct</U>. Except as expressly provided under the Transaction Documents, Chargor
shall not do, or permit to be done, anything which could prejudice the Charges.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">6.2</FONT></TD><TD STYLE="text-align: justify"><U>BVI Register of Charges</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">Chargor shall, within five (5) business days after the date hereof:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(i)</FONT></TD><TD STYLE="text-align: justify">create and maintain a Register of Charges (the &ldquo;<B>Register of Charges</B>&rdquo;) of Chargor
in accordance with section 162 of the BVI Business Companies Act, 2004 (as amended) of the British Virgin Islands (the &ldquo;<B>BVI
BC Act</B>&rdquo;) to the extent this has not already been done;</TD></TR></TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 117; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(ii)</FONT></TD><TD STYLE="text-align: justify">enter particulars as required by the BVI BC Act of the Security Interests created pursuant to this
Deed in the Register of Charges and immediately after entry of such particulars has been made, provide Investor with a certified
true copy of the updated Register of Charges; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(iii)</FONT></TD><TD STYLE="text-align: justify">effect registration, or assist Investor in effecting registration, of this Deed with the Registrar
of Corporate Affairs of the British Virgin Islands (the &ldquo;<B>Registrar of Corporate Affairs</B>&rdquo;) pursuant to section
163 of the BVI BC Act by making the required filing, or assisting Investor in making the required filing, in the approved form
with the Registrar of Corporate Affairs and (if applicable) provide confirmation in writing to Investor that such filing has been
made.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">If the registration referred to in paragraph (a)(ii) above is not effected by or on behalf of the
Investor, Chargor shall, within five (5) business day of receipt, deliver or procure to be delivered to Investor, the certificate
of registration of charge issued by the Registrar of Corporate Affairs evidencing that the requirements of Part VIII of the BVI
BC Act as to registration have been complied with and the filed stamped copy of the application containing the relevant particulars
of charge.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">6.3</FONT></TD><TD STYLE="text-align: justify"><U>No Other Agreement</U>. Chargor will not enter into any other agreement with respect to the
Securities Account unless Investor shall have received prior written notice thereof. Chargor has not and will not enter into any
other agreement with respect to the control of the Securities Account (other than standard and customary documentation with respect
to the establishment and maintenance of the Securities Account) or purport to limit or condition the obligations of the Custodian
to comply with any orders or instructions with respect to the Securities Account without the prior written consent of Investor
acting in its sole discretion, or any funds credited or to be credited to the Securities Account. In the event of any conflict
with respect to the control over the Securities Account between this Deed (or any portion hereof) and any other agreement hereafter
entered into, the terms of this Deed shall prevail.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">6.4</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Prompt Notification</U>. If Chargor
becomes aware that any person or entity is asserting any lien, encumbrance, security interest or adverse claim (including any writ,
garnishment, judgment, warrant of attachment, execution or similar process or any claim of control) against any funds in any Securities
Account, Chargor shall promptly notify Investor thereof.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal"></FONT></P>

<!-- Field: Page; Sequence: 118; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">7.</FONT></TD><TD STYLE="text-align: justify">REPRESENTATIONS AND WARRANTIES</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in">Subject
to the Disclosure Schedule and the Target SEC Filings, Chargor hereby represents and warrants to Investor the following:</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">It has been duly incorporated and organized, and is validly existing in good standing, and in compliance
with all registration and approval requirements in all material respects; it has the corporate power and authority to own and operate
its assets and properties and to carry on its business as currently conducted.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">It has the power to enter into and perform, and has taken all necessary action to authorize the
entry into, delivery and performance of the Transaction Documents to which it is a party and the transactions contemplated by such
Transaction Documents and this Deed.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">Each Transaction Document to which it is a party constitutes its legally binding, valid and enforceable
obligation.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">The entry into and performance by it of, and the transactions contemplated by, the Transaction
Documents to which it is a party do not conflict with (i) any law or regulation applicable to it; or (ii) any document which is
binding upon it or any of its assets to an extent or in a manner which has or is reasonably likely to have a material adverse effect.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(e)</FONT></TD><TD STYLE="text-align: justify">At the Closing, all authorizations required by it in connection with the entry into, performance,
validity and enforceability of, and the transactions contemplated by, the Transaction Documents to which it is a party and this
Deed have been obtained or effected (as appropriate) and are in full force and effect.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(f)</FONT></TD><TD STYLE="text-align: justify">No investigation, litigation, arbitration or administrative proceedings are current or, to its
knowledge, pending or threatened against it, that have or, if adversely determined, are reasonably likely to have a material adverse
effect on (a) the business, assets, properties, liabilities (actual or contingent), operations, condition (financial or otherwise)
or prospects, of Target and its Subsidiaries, taken as a whole; (b) its assets; (c) its ability to perform its obligations under
the Transaction Documents to which it is a party; or (d) the validity or enforceability of any Transaction Documents or the rights
and remedies of Investor thereunder.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(g)</FONT></TD><TD STYLE="text-align: justify">The entry into by it of this Deed constitutes, and the exercise by it of its rights and performance
of its obligations under this Deed will constitute, private and commercial acts performed for private and commercial purposes;
and it will not be entitled to claim immunity from suit, execution, attachment or other legal process in any proceedings taken
in any jurisdiction in relation to this Deed.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000"></P>

<!-- Field: Page; Sequence: 119; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(h)</FONT></TD><TD STYLE="text-align: justify">That it is not registered under Part 16 of the Companies Ordinance or, if it has so registered,
it has provided to Investor sufficient details to enable an accurate search against it to be undertaken by Investor at the Companies
Registry.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As of the date hereof or otherwise within
the time specified in Section 8 of the Note Subscription Agreement, it beneficially owns the Securities set forth in Schedule 1
hereto, and no person has or is entitled to any conditional or unconditional option, warrant or other right to subscribe for, purchase
or otherwise acquire any of the Securities or any interest in the Securities other than the Security Interests created hereunder.</FONT></TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(j)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Except for the claims and interests of
Investor and of Chargor in the Securities Account, Chargor on the date hereof does not know of any claim to, security interest
in, lien on, or encumbrance against, the Securities Account or in any funds credited thereto and does not know of any claim that
any person or entity (other than Investor) has been given control of the Securities Account or any such funds.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">8.</FONT></TD><TD STYLE="text-align: justify">ENFORCEMENT</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">8.1</FONT></TD><TD STYLE="text-align: justify"><U>When Enforceable</U>. As between Chargor and Investor the Charges shall be enforceable only
on the occurrence of an Obligor Default which is continuing and Investor has given written notice to Chargor in accordance with
the Notes, then Investor:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">may enforce all or any part of any Charges (at the times, in the manner and on the terms it thinks
fit) and take possession and hold or dispose of all or any part of the Charged Assets;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">may instruct Custodian to effect the transfer of all or any part of the Securities in the Securities
Account (at the times, in the manner and on the terms it thinks fit) to such nominees as Investor may in its discretion select;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">whether or not it has appointed a Receiver, may exercise all or any of the powers, authorities
and discretions given to mortgagees and receivers by the CPO as extended by this Deed or otherwise conferred by law; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">may instruct Custodian to remit all or any part of the Credit Balance on the Securities Account
to Investor (or such nominees as Investor may in its discretion select) notwithstanding that any maturity or roll-over date attached
to any part of parts of the Credit Balance may not yet have arrived.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">8.2</FONT></TD><TD STYLE="text-align: justify"><U>Power of Sale</U>. The statutory power of sale, of appointing a Receiver and the other statutory
powers conferred on mortgagees by Section 51 (<I>Powers of mortgagee and receiver</I>) and Section 53 (<I>Sale by mortgagee</I>)
of the CPO and the Fourth Schedule (<I>Powers of mortgagee and receiver</I>) to the CPO as varied and extended by this Deed shall
arise after the Charges become enforceable in accordance with Clause 8.1 and no restriction imposed by any ordinance or other statutory
provision in relation to the exercise of any power of sale shall apply to this Deed.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000"></P>

<!-- Field: Page; Sequence: 120; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">8.3</FONT></TD><TD STYLE="text-align: justify"><U>Requirement of Notice Period</U>. Investor is required to give five (5) business days prior
notice of non-payment or default to Chargor before enforcing the Charges in accordance with Clause 8.1. Except as expressed in
the Transaction Documents, there is no minimum period for which Secured Liabilities must remain due and unpaid before the Charges
can be enforced and Paragraph 11 of the Fourth Schedule (<I>Powers of mortgagee and receiver</I>) to the CPO (and any similar provision
under other laws) shall, to the extent permitted by laws, not apply to this Deed.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">8.4</FONT></TD><TD STYLE="text-align: justify"><U>No Liability as Mortgagee in Possession</U>. Nothing done by or on behalf of Investor pursuant
to this Deed shall render it liable to account as a mortgagee in possession for any sums other than actual receipts.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">9.</FONT></TD><TD STYLE="text-align: justify">APPOINTMENT AND RIGHTS OF RECEIVERS</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">9.1</FONT></TD><TD STYLE="text-align: justify"><U>Appointment of Receivers</U>. If:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">requested by Chargor;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">any corporate action, legal proceedings or other procedure or step is taken in relation to the
administration of Chargor; or</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">any other Obligor Default is continuing (whether or not Investor has taken possession of the Charged
Assets);</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">Investor may with notice to
Chargor, except where the appointment is requested by Chargor, by deed, or otherwise in writing signed by any officer or manager
of Investor or any person authorised for this purpose by Investor, appoint one or more persons to be a Receiver. Investor may similarly
remove any Receiver and appoint any person instead of any Receiver. If Investor appoints more than one person as Receiver, Investor
may give those persons power to act either jointly or severally. The provisions of section 50 (<I>Power to appoint a receiver</I>)
of the CPO (as varied and/or extended by this Deed) shall apply to any appointment made pursuant to this Deed.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">9.2</FONT></TD><TD STYLE="text-align: justify"><U>Scope of Appointment</U>. Any Receiver may be appointed Receiver of all of the Charged Assets
or Receiver of a part of the Charged Assets specified in the appointment. In the latter case, the rights conferred on a Receiver
as set out in Schedule 4 (<I>Rights of Receivers</I>) shall have effect as though every reference in that Schedule to any Charged
Assets were a reference to the part of those assets so specified or any part of those assets.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">9.3</FONT></TD><TD STYLE="text-align: justify"><U>Rights of Receivers</U>. Any Receiver appointed pursuant to this Clause 9 shall have the rights,
powers, discretions, privileges and immunities conferred on receivers by the CPO (as varied and/or extended by this Deed), all
powers (if any) conferred on receivers by law or otherwise and shall also have the powers and rights set out in Schedule 4 (<I>Rights
of Receivers</I>), all of which powers and rights are exercisable without further notice.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000"></P>

<!-- Field: Page; Sequence: 121; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">9.4</FONT></TD><TD STYLE="text-align: justify"><U>Agent of Chargor</U>. Any Receiver shall be the agent of Chargor for all purposes. Chargor alone
shall be responsible for Receiver&rsquo;s contracts, engagements, acts, omissions, defaults and losses and for liabilities incurred
by Receiver.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">9.5</FONT></TD><TD STYLE="text-align: justify"><U>Remuneration</U>. Investor may determine the remuneration of any Receiver and direct payment
of that remuneration out of moneys Receiver receives as Receiver. Chargor alone shall be liable for the remuneration and all other
costs, losses, liabilities and expenses of Receiver.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">10.</FONT></TD><TD STYLE="text-align: justify">INVESTOR&rsquo;S RIGHTS</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.1</FONT></TD><TD STYLE="text-align: justify"><U>Same Rights as Receiver</U>. Any rights conferred by any Transaction Document upon a Receiver
may be exercised by Investor after the Charges become enforceable, whether or not Investor shall have taken possession or appointed
a Receiver of the Charged Assets.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">10.2</FONT></TD><TD STYLE="text-align: justify"><U>Delegation</U>. Investor may delegate in any manner to any person any rights exercisable by
Investor under any Transaction Document. Any such delegation may be made upon such terms and conditions (including power to sub-delegate)
as Investor thinks fit.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">11.</FONT></TD><TD STYLE="text-align: justify">ORDER OF DISTRIBUTIONS</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">11.1</FONT></TD><TD STYLE="text-align: justify"><U>Application of Proceeds</U>. All amounts received or recovered by Investor or any Receiver or
Delegate in exercise of their rights under this Deed shall, subject to the rights of any creditors having priority, including for
the avoidance of doubt the rights of any party under the first ranking charge provided pursuant to the Bank Financing, if applicable,
be applied in the order provided in Clause 11.2 (<I>Order of Distributions</I>).</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">11.2</FONT></TD><TD STYLE="text-align: justify"><U>Order of Distributions</U>. The order referred to in Clause 11.1 <I>(Application of proceeds</I>)
is:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">in or towards the payment of all costs, losses, liabilities and expenses of and incidental to the
appointment of any Receiver or Delegate and the exercise of any of his rights, including his remuneration and all outgoings paid
by him;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">in or towards the payment of the Secured Liabilities in the following order: first, toward payment
of any accrued interest unpaid under the Transaction Documents, second, toward payment of any principal unpaid under the Transaction
Documents and, third, toward payment of any other obligations unpaid under the Transaction Documents; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">in payment of any surplus to Chargor or other person entitled to it.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal"></FONT></P>

<!-- Field: Page; Sequence: 122; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">12.</FONT></TD><TD STYLE="text-align: justify">LIABILITY OF INVESTOR, RECEIVERS AND DELEGATES</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">12.1</FONT></TD><TD STYLE="text-align: justify"><U>Possession</U>. If Investor, any Receiver or any Delegate takes possession of the Charged Assets,
it or he may at any time relinquish possession. Without prejudice to Clause 12.2 (<I>Investor&rsquo;s Liability</I>), Investor
shall not be liable as a mortgagee in possession by reason of viewing or repairing any of the present or future assets of Chargor.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">12.2</FONT></TD><TD STYLE="text-align: justify"><U>Investor&rsquo;s Liability</U>. Neither Investor nor any Receiver or Delegate shall (either
by reason of taking possession of the Charged Assets or for any other reason and whether as mortgagee in possession or otherwise)
be liable to Chargor or any other person for any costs, losses, liabilities or expenses relating to the realisation of any Charged
Assets or from any act, default, omission or misconduct of Investor, any Receiver, any Delegate or their respective officers, employees
or agents in relation to the Charged Assets or in connection with the Transaction Documents except to the extent caused by its
or his own fraud, gross negligence or wilful misconduct.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">13.</FONT></TD><TD STYLE="text-align: justify">POWER OF ATTORNEY</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">13.1</FONT></TD><TD STYLE="text-align: justify"><U>Appointment</U>. If and only if Investor is permitted to enforce the Charges in accordance with
Clause 8.1, Chargor irrevocably appoints Investor, every Receiver and every Delegate severally its attorney (with full power of
substitution), on its behalf and in its name or otherwise, at such time and in such manner as the attorney thinks fit on and from
the date of enforcement:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">to do anything which Chargor is obliged to do (but has not done) under any Transaction Document
(including to execute charges over, transfers, conveyances, assignments and assurances of, and other instruments, notices, orders
and directions relating to, the Charged Assets); and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">to exercise any of the rights conferred on Investor, any Receiver or any Delegate in relation to
the Charged Assets or under any Transaction Document.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">13.2</FONT></TD><TD STYLE="text-align: justify"><U>Ratification</U>. Chargor ratifies and confirms and agrees to ratify and confirm whatever any
such attorney shall do in the exercise or purported exercise of the power of attorney granted by it in Clause 13.1 (<I>Appointment</I>).</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">14.</FONT></TD><TD STYLE="text-align: justify">PROTECTION OF THIRD PARTIES</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">14.1</FONT></TD><TD STYLE="text-align: justify"><U>No Duty to Enquire</U>. No person dealing with Investor, any Receiver or any Delegate shall
be concerned to enquire:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">whether the power or rights conferred by or pursuant to any Transaction Document are exercisable;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">whether any consents, regulations, restrictions or directions relating to such rights have been
obtained or complied with;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000"></P>

<!-- Field: Page; Sequence: 123; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">otherwise as to the propriety or regularity of acts purporting or intended to be in exercise of
any such rights; or</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">as to the application of any money borrowed or raised.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">14.2</FONT></TD><TD STYLE="text-align: justify"><U>Protection to Purchasers</U>. Subject to the provisions of this Deed, all the protection to
purchasers contained in Sections 52 <I>(Protection of purchaser</I>), 53 (<I>Sale by mortgagee</I>) and 55 (<I>Mortgagee&rsquo;s
receipt</I>) of the CPO or in any other applicable legislation shall apply to any person purchasing from or dealing with Investor,
any Receiver or any Delegate.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">15.</FONT></TD><TD STYLE="text-align: justify">SAVING PROVISIONS</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">15.1</FONT></TD><TD STYLE="text-align: justify"><U>Continuing Security</U>. Subject to Clause 16 (<I>Discharge of Security</I>), the Charges are
continuing Security and will extend to the ultimate balance of the Secured Liabilities, regardless of any intermediate payment
or discharge in whole or in part.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">15.2</FONT></TD><TD STYLE="text-align: justify"><U>Reinstatement</U>. If any discharge, release or arrangement (whether in respect of the obligations
of Chargor or any security for those obligations or otherwise) is made by Investor in whole or in part on the basis of any payment,
security or other disposition which is avoided or must be restored in insolvency, liquidation, administration or otherwise, without
limitation, then the liability of Chargor and the Charges shall continue or be reinstated as if the discharge, release or arrangement
had not occurred.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">15.3</FONT></TD><TD STYLE="text-align: justify"><U>Waiver of Defenses</U>. Neither the obligations of Chargor under this Deed nor the Charges will
be affected by an act, omission, matter or thing which, but for this Clause, would reduce, release or prejudice any of its obligations
under the Charges (without limitation and whether or not known to it or Investor) including:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">any time, waiver or consent granted to, or composition with, Chargor or any other person;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">the release of Chargor under the terms of any composition or arrangement with any creditor of Target
or its subsidiaries;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">the taking, variation, compromise, exchange, renewal or release of, or refusal or neglect to perfect,
take up or enforce any rights against, or security over assets of any other person or any non-presentation or non-observance of
any formality or other requirement in respect of any instrument or any failure to realise the full value of any security;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">the taking of, or neglect to perfect, take up or enforce any rights against, or security over assets
of Chargor;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(e)</FONT></TD><TD STYLE="text-align: justify">any incapacity or lack of power, authority or legal personality of or dissolution or change in
the members or status of Chargor;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(f)</FONT></TD><TD STYLE="text-align: justify">any amendment, novation, supplement, extension, restatement (however fundamental and whether or
not more onerous) or replacement of any Transaction Document or any other document or security including without limitation any
change in the purpose of, any extension of or any increase in any facility or the addition of any new facility under any Transaction
Document or other document or security;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000"></P>

<!-- Field: Page; Sequence: 124; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(g)</FONT></TD><TD STYLE="text-align: justify">any unenforceability, illegality or invalidity of any obligation of Chargor under any Transaction
Document or any other document or security; or</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(h)</FONT></TD><TD STYLE="text-align: justify">any insolvency or similar proceedings.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">15.4</FONT></TD><TD STYLE="text-align: justify"><U>Chargor&rsquo;s Intent</U>. Without prejudice to the generality of Clause 15.3 (<I>Waiver of
Defenses</I>), Chargor expressly confirms that it intends that the Charges shall extend from time to time to any (however fundamental)
variation, increase, extension or addition of or to any of the Transaction Documents.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; color: #010000">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; color: #010000"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">15.5</FONT></TD><TD STYLE="text-align: justify"><U>Immediate Recourse</U>. Chargor waives any right it may have of first requiring Investor (or
any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person
before claiming from Chargor under this Deed. This waiver applies irrespective of any law or any provision of a Transaction Document
to the contrary.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">15.6</FONT></TD><TD STYLE="text-align: justify"><U>Appropriations</U>. Until all the Secured Liabilities have been irrevocably paid in full and
all transactions which might give rise to Secured Liabilities have terminated and/or completed, Investor (or any trustee or agent
on its behalf) may:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">refrain from applying or enforcing any other moneys, security or rights held or received by Investor
(or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as
it sees fit (whether against those amounts or otherwise) and Chargor shall not be entitled to the benefit of the same; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">hold in an interest-bearing suspense account any moneys received from Chargor or on account of
Chargor&rsquo;s liability under this Deed.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">15.7</FONT></TD><TD STYLE="text-align: justify"><U>Deferral of Chargor&rsquo;s Rights</U>. Until all the Secured Liabilities have been irrevocably
paid in full and all transactions which might give rise to Secured Liabilities have terminated and/or completed and unless Investor
otherwise directs, Chargor will not exercise any rights which it may have by reason of performance by it of its obligations under
the Transaction Documents or by reason of any amount being payable or liability arising, under this Deed:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">to be indemnified by Obligor;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">to claim any contribution from any other provider of security for or guarantor of any other Obligor&rsquo;s
obligations under the Transaction Documents;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any
rights of Investor under the Transaction Documents or of any other guarantee or security taken pursuant to, or in connection with,
the Transaction Documents by Investor;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000"></P>

<!-- Field: Page; Sequence: 125; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(d)</FONT></TD><TD STYLE="text-align: justify">to bring legal or other proceedings for an order requiring any Obligor to make any payment, or
perform any obligation, in respect of which Chargor has given a guarantee, undertaking or indemnity;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(e)</FONT></TD><TD STYLE="text-align: justify">to exercise any right of set-off against any Obligor; and/or</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(f)</FONT></TD><TD STYLE="text-align: justify">to claim or prove as a creditor of any Obligor in competition with Investor.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">If Chargor receives any benefit,
payment or distribution in relation to such rights, it shall hold that benefit, payment or distribution to the extent necessary
to enable all amounts which may be or become payable to Investor by the Obligors under or in connection with the Transaction Documents
to be repaid in full on trust for Investor and shall promptly pay or transfer the same to Investor or as Investor may direct for
application in accordance with Clause 11.2 (<I>Order of Distributions</I>).</P>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">15.8</FONT></TD><TD STYLE="text-align: justify"><U>Additional Security</U>. The Charges are in addition to and are not in any way prejudiced by
any other guarantees or security now or subsequently held by Investor in connection with the Transaction Documents.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">16.</FONT></TD><TD STYLE="text-align: justify">DISCHARGE OF SECURITY</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">16.1</FONT></TD><TD STYLE="text-align: justify"><U>Final Redemption</U>. If (i) the First Closing fails to take place before the Long Stop Date
or on termination of the Note Subscription Agreement (whichever is earlier), (ii) after all the Secured Liabilities have been irrevocably
paid in full, or (iii) immediately before the closing of the Privatization, as the case may be, Investor shall within two (2) business
days of a request from Chargor and cost of Chargor:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">release, reassign or discharge (as appropriate) the Charged Assets from the Charges;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">do all things necessary to enable an expeditious release, reassignment or discharge (as appropriate)
including executing and delivering all such deeds, agreements and other documents as may be considered necessary or desirable,
including for the avoidance of doubt, a notice to Custodian that it has released to Chargor the rights relating to the Securities
Account; and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">return to Chargor any certificates, instrument of transfer, separate powers of attorney, deeds,
agreements or any other documents granted or provided to the Investor or another party pursuant to this Deed.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">16.2</FONT></TD><TD STYLE="text-align: justify"><U>Retention of Security</U>. If Investor reasonably considers that any amount paid or credited
to Investor under any Transaction Document is capable of being avoided or otherwise set aside on the Winding-up of Chargor, that
amount shall not be considered to have been paid for the purposes of determining whether all the Secured Liabilities have been
irrevocably paid.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">16.3</FONT></TD><TD STYLE="text-align: justify"><U>Consolidation</U>. Any restrictions on the consolidation of Security shall be excluded to the
fullest extent permitted by law and Investor shall, so far as it is lawful and subject to other provisions of this Deed, be entitled
to consolidate all or any of the Charges with any other Security whether in existence on the date of this Deed or in the future.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal"></FONT></P>

<!-- Field: Page; Sequence: 126; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">17.</FONT></TD><TD STYLE="text-align: justify">ENFORCEMENT EXPENSES</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">17.1</FONT></TD><TD STYLE="text-align: justify"><U>Expenses</U>. Chargor shall, within three (3) business days of demand, pay to Investor the amount
of all costs, losses, liabilities and expenses (including legal fees reasonably incurred and any stamp duty, transfer tax or similar
tax payable in connection with the transfer of the Securities) incurred by Investor, any Receiver or any Delegate in relation to
the administration, protection, realisation, enforcement or preservation of any rights under or in connection with this Deed, or
any consideration by Investor as to whether to realise or enforce the same, and/or any amendment, waiver, consent or release this
Deed.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">18.</FONT></TD><TD STYLE="text-align: justify">PAYMENTS</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">18.1</FONT></TD><TD STYLE="text-align: justify"><U>Demands</U>. Any certification or determination by Investor of a rate or amount under the Transaction
Documents shall, in the absence of manifest error, be conclusive evidence of the matters to which it relates..</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">18.2</FONT></TD><TD STYLE="text-align: justify"><U>Payments</U>. All payments by Chargor under this Deed (including damages for its breach) shall
be made in U.S. Dollars and to such account, with such financial institution and in such other manner as Investor may direct.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">18.3</FONT></TD><TD STYLE="text-align: justify"><U>Continuation of Accounts</U>. At any time after:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">the receipt by Investor of notice (either actual or otherwise) of any subsequent Security affecting
the Charged Assets of Chargor; or</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">the presentation of a petition or the passing of a resolution in relation to the Winding-up of
Chargor,</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">Investor may open a new account
in the name of Chargor. If Investor does not open such a new account, it shall nevertheless be treated as if it had done so when
the relevant event occurred. No moneys paid into any account, whether new or continuing, after that event shall discharge or reduce
the amount recoverable pursuant to any Transaction Document to which Chargor is party.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">19.</FONT></TD><TD STYLE="text-align: justify">RIGHTS, WAIVERS AND DETERMINATIONS</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">19.1</FONT></TD><TD STYLE="text-align: justify"><U>Severability of Provisions</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(a)</FONT></TD><TD STYLE="text-align: justify">Each and every obligation under this Deed shall be treated as a separate obligation and shall be
severally enforceable as such.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(b)</FONT></TD><TD STYLE="text-align: justify">If a term of this Deed is or becomes illegal or unenforceable in any respect under any jurisdiction
that will not affect:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(i)</FONT></TD><TD STYLE="text-align: justify">the legality, validity or enforceability in that jurisdiction of any other term of this Deed or
the other Transaction Documents;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(ii)</FONT></TD><TD STYLE="text-align: justify">the legality, validity or enforceability in any other jurisdictions of that or any other term of
this Deed or the other Transaction Documents.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000"></P>

<!-- Field: Page; Sequence: 127; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">(c)</FONT></TD><TD STYLE="text-align: justify">If a term of this Deed is or becomes illegal, invalid or unenforceable in any respect under any
jurisdiction, it shall be replaced by a mutually acceptable provision, which being valid, legal, enforceable and in compliance
with applicable government policy comes closest to the intention of the parties underlying such illegal, invalid or unenforceable
provision.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; color: #010000"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">19.2</FONT></TD><TD STYLE="text-align: justify"><U>Exercise of Rights</U>. Neither the failure to exercise, nor any delay in exercising, on the
part of Investor, Receiver or Delegate any right or remedy under any Transaction Document shall operate as a waiver of any such
right or remedy or constitute an election to affirm any of the Transaction Documents. No waiver or election to affirm any of the
Transaction Documents on the part of Investor, Receiver or Delegate shall be effective unless in writing. No single or partial
exercise of any right or remedy shall prevent any further or other exercise or the exercise of any other right or remedy. The rights
and remedies provided in the Transaction Documents are cumulative and not exclusive of any rights or remedies provided by law.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in; color: #010000">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="color: #010000">19.3</FONT></TD><TD STYLE="text-align: justify"><U>Determinations</U>. Any determination by or certificate of Investor or any Receiver or Delegate
under any Transaction Document made under this Deed for the purposes of protecting Investor&rsquo;s Security in the Charged Assets,
or the enforcement of such Security under the terms of this Deed, is, in the absence of manifest error, conclusive evidence of
the matters to which it relates.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">20.</FONT></TD><TD STYLE="text-align: justify">SEPARATE AND INDEPENDENT OBLIGATIONS</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">The Security Interest created
by Chargor by or in connection with any Transaction Document is separate from and independent of the Security Interest created
or intended to be created by any other person by or in connection with any Transaction Document.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">21.</FONT></TD><TD STYLE="text-align: justify">COUNTERPARTS</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">This Deed may be executed
in any number of counterparts, and this has the same effect as if the signatures on the counterparts were on a single copy of this
Deed.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">22.</FONT></TD><TD STYLE="text-align: justify">GOVERNING LAW</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">This Deed and all actions
arising out of or in connection with this Deed will be governed by and construed in accordance with the laws of Hong Kong.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">23.</FONT></TD><TD STYLE="text-align: justify">jurisdiction</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">The courts of Hong Kong are
to have jurisdiction to settle any disputes which may arise out of or in connection with this Deed and, accordingly, any legal
action or proceedings arising out of or in connection with this Deed may be brought in such courts.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">24.</FONT></TD><TD STYLE="text-align: justify">CONSENT</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">In any case in which the consent,
approval or waiver of Investor is required under this Deed, the granting of such consent, approval or waiver by Investor pursuant
to the relevant provision under this Deed shall be deemed to constitute the granting of such consent, approval or waiver by Investor
without any further action required by any party.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal"></FONT></P>

<!-- Field: Page; Sequence: 128; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">25.</FONT></TD><TD STYLE="text-align: justify">Variation</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">A variation of this Deed must
be in writing and signed by or on behalf of each party to it.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; color: #010000; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal; color: #010000">26.</FONT></TD><TD STYLE="text-align: justify">NOTICES</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">All notices, requests, demands,
consents, instructions or other communications required or permitted hereunder shall be in writing and delivered to each party
as follows:</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">(a)</TD><TD STYLE="text-align: justify">if to Investor:</TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-align: justify; text-indent: -1.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-align: justify; text-indent: -1.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 85%; border-collapse: collapse; margin-left: 1in">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 12%; text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">Address</FONT></TD>
    <TD STYLE="width: 10%; text-align: center; line-height: 125%"><FONT STYLE="font-size: 10pt">:</FONT></TD>
    <TD STYLE="width: 78%; text-align: justify; line-height: 125%">P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British <FONT STYLE="font-size: 10pt">Virgin</FONT> Islands</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 125%">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 125%">&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 125%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">Email</FONT></TD>
    <TD STYLE="text-align: center; line-height: 125%"><FONT STYLE="font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">88445413@qq.com / frank.yang@bocggp.com</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 125%">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 125%">&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 125%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">Attention</FONT></TD>
    <TD STYLE="text-align: center; line-height: 125%"><FONT STYLE="font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">YANG Feng</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-align: justify; text-indent: -1.5in"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-align: justify; text-indent: -1.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">or at such other address as
Investor shall have furnished to Chargor in writing.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">(b)</TD><TD STYLE="text-align: justify">if to Chargor:</TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-align: justify; text-indent: -1.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-align: justify; text-indent: -1.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 85%; border-collapse: collapse; margin-left: 1in">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 12%; text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">Address</FONT></TD>
    <TD STYLE="width: 10%; text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">:</FONT></TD>
    <TD STYLE="width: 78%; text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">18/F, Tower A, Global Trade Center, 36 North 3rd Ring Road East, Dongcheng District, Beijing &nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 125%">&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 125%">&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 125%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">Facsimile</FONT></TD>
    <TD STYLE="text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">86-10-59575252 </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 125%">&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 125%">&nbsp;</TD>
    <TD STYLE="text-align: justify; line-height: 125%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">Attention</FONT></TD>
    <TD STYLE="text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">:</FONT></TD>
    <TD STYLE="text-align: justify; line-height: 125%"><FONT STYLE="font-size: 10pt">Shi Botao </FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-align: justify; text-indent: -1.5in"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-align: justify; text-indent: -1.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-align: justify; text-indent: -1.5in"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">or at such other address a
party shall have furnished to Investor in writing.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">All such notices and communications
shall be effective (1) when sent by international express courier or other overnight service of recognized standing, on the business
day following the deposit with such service; (2) when mailed, by registered or certified mail, first class postage prepaid and
addressed as aforesaid, on the earlier of actual receipt or the fourth business day after the date of mailing; (3) when delivered
by hand, upon delivery; (4) when faxed, upon confirmation that all pages have been transmitted except where the dispatch is not
on a business day; and (5) when emailed, upon such email being sent by the sender and no transmission error message being received
by the sender. If a communication would otherwise be deemed to have been delivered outside normal business hours (after 5:30 p.m.
on a business day) in the time zone of the territory of the recipient under this Clause 26, it shall be deemed to have been delivered
at 9:30 a.m. on the next opening of business in the territory of the recipient. In proving service of a communication, it shall
be sufficient to show that delivery by hand was made or that the envelope containing the communication was properly addressed and
mailed or that the facsimile transmission was despatched and a confirmatory transmission report or other acknowledgment of good
receipt was received.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>[The remainder of this page is intentionally
left blank.]</B></P>

<P STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 129; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center">SCHEDULE
1<BR>
PARTICULARS OF Securities</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid; padding: 0; vertical-align: bottom">Registered<BR>
 Holder(s)</TD><TD NOWRAP STYLE="font-weight: bold; padding: 0">&nbsp;</TD>
    <TD NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid; padding: 0">No. of Shares/Description<BR> of the Instrument</TD><TD NOWRAP STYLE="font-weight: bold; padding: 0">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid; padding: 0">Shareholding<BR> Percentage on a<BR> fully diluted<BR> basis</TD><TD NOWRAP STYLE="padding: 0; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding: 0">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid; padding: 0">Share<BR> Certificate/Instrument<BR> No.</TD><TD NOWRAP STYLE="padding: 0; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 40%; text-align: left; padding: 0; vertical-align: top">Morgancreek Investment Holdings Limited</TD><TD STYLE="width: 1%; padding: 0">&nbsp;</TD>
    <TD STYLE="width: 29%; text-align: left; padding: 0">8,240,760 Class A Ordinary Shares of Target</TD><TD STYLE="width: 1%; padding: 0">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; padding: 0">&nbsp;</TD><TD STYLE="width: 12%; text-align: right; padding: 0">6.26</TD><TD STYLE="width: 1%; text-align: left; padding: 0">%</TD><TD STYLE="width: 1%; padding: 0">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; padding: 0">&nbsp;</TD><TD STYLE="width: 12%; text-align: right; padding: 0"><FONT STYLE="font-size: 10pt">[&#9679;]</FONT></TD><TD STYLE="width: 1%; text-align: left; padding: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding: 0; vertical-align: top">Morgancreek Investment Holdings Limited</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">12,584,500 Class A Ordinary Shares of Target</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">&nbsp;</TD><TD STYLE="text-align: right; padding: 0">9.55</TD><TD STYLE="text-align: left; padding: 0">%</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">&nbsp;</TD><TD STYLE="text-align: right; padding: 0"><FONT STYLE="font-size: 10pt">[&#9679;]</FONT></TD><TD STYLE="text-align: left; padding: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding: 0; vertical-align: top">Morgancreek Investment Holdings Limited</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">8,062,864 Class A Ordinary Shares of Target</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">&nbsp;</TD><TD STYLE="text-align: right; padding: 0">6.12</TD><TD STYLE="text-align: left; padding: 0">%</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">&nbsp;</TD><TD STYLE="text-align: right; padding: 0"><FONT STYLE="font-size: 10pt">[&#9679;]</FONT></TD><TD STYLE="text-align: left; padding: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding: 0; vertical-align: top">Morgancreek Investment Holdings Limited</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">501,850 Class A Ordinary Shares of Target</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">&nbsp;</TD><TD STYLE="text-align: right; padding: 0">0.38</TD><TD STYLE="text-align: left; padding: 0">%</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">&nbsp;</TD><TD STYLE="text-align: right; padding: 0"><FONT STYLE="font-size: 10pt">[&#9679;]</FONT></TD><TD STYLE="text-align: left; padding: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding: 0; vertical-align: top">Morgancreek Investment Holdings Limited</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">14,163,325 Class A Ordinary Shares and 405,326 American Depositary Shares (each American Depositary Share represents 3 Class A Ordinary Shares) of Target</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">&nbsp;</TD><TD STYLE="text-align: right; padding: 0">11.68</TD><TD STYLE="text-align: left; padding: 0">%</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">&nbsp;</TD><TD STYLE="text-align: right; padding: 0"><FONT STYLE="font-size: 10pt">[&#9679;]</FONT></TD><TD STYLE="text-align: left; padding: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; padding: 0; text-align: left; vertical-align: top">TOTAL</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="padding: 0">&nbsp;</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">&nbsp;</TD><TD STYLE="text-align: right; padding: 0">33.99</TD><TD STYLE="text-align: left; padding: 0">%</TD><TD STYLE="padding: 0">&nbsp;</TD>
    <TD STYLE="text-align: left; padding: 0">&nbsp;</TD><TD STYLE="text-align: right; padding: 0">&mdash;</TD><TD STYLE="text-align: left; padding: 0">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 130; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>SCHEDULE 2</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>NOTICE TO THE CUSTODIAN</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">[Name of Custodian]</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">[Address of Custodian]</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Dear Sirs,</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(a)</TD><TD STYLE="text-align: justify">We refer to the account in the name of &ldquo;Morgancreek Investment Holdings Limited&rdquo; with
account number [&#9679;] with your company (the &ldquo;<B>Securities Account</B>&rdquo;) (including any renewal and re-designation
thereof from time to time).</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD STYLE="text-align: justify">By a Deed of Securities Charge (as amended and/or supplemented from time to time, the &ldquo;<B>Deed</B>&rdquo;)
dated [&#9679;], Morgancreek Investment Holdings Limited (&ldquo;<B>Chargor</B>&rdquo;) has charged to Blue Ocean Structure Investment
II Company Limited, (&ldquo;<B>Investor</B>&rdquo;) all rights of every kind which Chargor now has or at any times may have in
relation to the Securities Account and, in particular, the credit balance of the Securities Account and the stocks, shares, securities
and assets held in or standing to the credit of the Securities Account from time to time, as security for liabilities and obligations
as specified in the Deed under the Transaction Documents (as defined in the Deed).</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(c)</TD><TD STYLE="text-align: justify">Please ensure that Investor receives by one (1) business day of the date of this notice an acknowledgement
in the attached form signed by your duly authorised officer(s).</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(d)</TD><TD STYLE="text-align: justify">With effect from your receipt of this notice:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.25in"></TD><TD STYLE="width: 0.25in">(i)</TD><TD STYLE="text-align: justify">any existing instructions affecting the Securities Account are to be terminated and all communications
in respect of the Securities Account should be made, or sent, to Investor or as Investor shall direct (with a copy to us); and</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.25in"></TD><TD STYLE="width: 0.25in">(ii)</TD><TD STYLE="text-align: justify">the terms and conditions of the Securities Account (and the rights of Chargor relating thereto)
may not be varied or waived without Investor's consent (as notified to you by Investor);</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(e)</TD><TD STYLE="text-align: justify">The terms of that acknowledgement shall be binding upon us for all purposes; you may, in good faith,
make or take any payment or transfer or other action in pursuance of or in connection with that acknowledgement without any further
permission from us; and we irrevocably direct you to deal with Securities Account on the joint instructions of us and Investor
in accordance with the Deed until Investor notifies you that it has released to us the rights relating to the Securities Account.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in"></P>

<!-- Field: Page; Sequence: 131; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(f)</TD><TD STYLE="text-align: justify">We irrevocably authorise and instruct you (with effect from the date of this notice) that at all
times you shall only pay, transfer or release all or any part of the securities, sums and/or other assets from time to time standing
to the credit of the Securities Account in accordance with (and only in accordance with) the instructions joint of us and Investor
at any time or times; provided that, in the event of an Obligor Default (as defined in the Deed), Investor may (i) instruct you
to effect the transfer of all or any part of the securities, sums and/or other assets from time to time standing to the credit
of the Securities Account (at the times, in the manner and on the terms Investor thinks fit) to such nominees as Investor may in
its discretion select; and (ii) may instruct you to remit all or any part of the credit balance on the Securities Account to Investor
(or such nominees as Investor may in its discretion select) notwithstanding any maturity or roll-over date attached to any part
or parts of the credit balance may not yet have arrived.</TD></TR></TABLE>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(g)</TD><TD STYLE="text-align: justify">We also hereby irrevocably authorise and instruct you to disclose to Investor without any reference
to or further authority from us and without any enquiry by you as to the justification of such disclosure, such information relating
to the Securities Account and the securities, sums and/or other assets therein as Investor may at any time and from time to time
request.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(h)</TD><TD STYLE="text-align: justify">We shall continue to be solely responsible for the performance of our obligations in respect of
the Securities Account and any documentation which we have entered into with you in relation to the Securities Account.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(i)</TD><TD STYLE="text-align: justify">Neither this notice nor any of the instructions herein may be revoked or varied without the prior
written consent of the Investor.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(j)</TD><TD STYLE="text-align: justify">This notice and/or the acknowledgment hereto may be executed in any number of counterparts, and
this has the same effect as if signatures on such counterparts were on a single copy of this letter and the acknowledgment hereto.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(k)</TD><TD STYLE="text-align: justify">This notice shall be governed by, and construed in accordance with, the laws of Hong Kong.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>[The remainder of this page is intentionally
left blank.]</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B></B></P>

<!-- Field: Page; Sequence: 132; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">Dated this [&#9679;] day of [&#9679;].</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">[&#9679;] for and on behalf of Morgancreek
Investment Holdings Limited</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">__________________________________________</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 133; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SCHEDULE 3</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CUSTODIAN ACKNOWLEDGEMENT TO THE CHARGEE</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>To:</B></TD><TD STYLE="text-align: justify"><B>BLUE OCEAN STRUCTURE INVESTMENT II COMPANY LIMITED
(&ldquo;Investor&rdquo;)</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>cc:</B></TD><TD STYLE="text-align: justify"><B>MORGANCREEK INVESTMENT HOLDINGS LIMITED</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Dear Sirs,</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><B>Morgancreek Investment Holdings Limited (the &ldquo;Chargor&rdquo;)</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">We refer to the account in the name of Morgancreek Investment Holdings Limited with account number
[&#9679;] (the &ldquo;<B>Securities Account</B>&rdquo;), including any renewal and re-designation thereof from time to time maintained
with us.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">We acknowledge that we have received from the Chargor the attached notice (the &ldquo;<B>Notice</B>&rdquo;),
relating to a Deed of Securities Charge dated [&#9679;] between Chargor and you. We acknowledge and agree to comply with the terms
of the Notice.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">We undertake with you that, until you notify us that you have released to Chargor the rights relating
to the Securities Account:</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">we shall not, without your prior written consent, make any payment or otherwise act upon any instruction
or communication which we may receive from Chargor or any other person except yourselves in relation to the Securities Account;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">we shall not exercise or assert any form of lien, right of set-off or other right of any kind in
relation to the Securities Account;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">we have not received notice of any previous assignments of, charges over or trusts in respect of
the Securities Account or any moneys, shares, stocks, securities or assets standing to the credit thereof from time to time (or
any right, title or interest in respect thereof) and we shall notify you as soon as reasonably practicable after we receive notice
that Chargor has executed any other assignment or charge affecting the Securities Account or any moneys, shares, stocks, securities
or assets standing to the credit thereof from time to time or are informed that any person has obtained, or is attempting to obtain,
any form of attachment affecting the Securities Account or any moneys, shares, stocks, securities or assets standing to the credit
thereof from time to time or an order or injunction of any court which will or might affect the Securities Account or any moneys,
shares, stocks, securities or assets standing to the credit thereof from time to time;</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 134; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD STYLE="text-align: justify">we shall forward to you monthly statements regarding the Securities Account and promptly provide
you with any additional information which is in our possession concerning any sum, shares, stocks, securities or assets credited
or debited to the Securities Account or any other matter relating to the Securities Account.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify">The above undertaking is given to you as security for certain sums which (as we hereby acknowledge)
you have advanced or may be advancing to the Chargor or any other person(s) on the basis of, amongst other things, the above undertaking.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify">This acknowledgment may not be revoked or varied without the prior written consent of the Investor.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify">The Notice and this acknowledgment may be executed in any number of counterparts, and this has
the same effect as if signatures on such counterparts were on a single copy of the Notice and this acknowledgment.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD STYLE="text-align: justify">This acknowledgment shall be governed by, and construed in accordance with, Hong Kong law.</TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">Dated this [&#9679; ] day of [&#9679;].</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">[&#9679; ] for and on behalf of [the
Custodian]</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">_________________________________________</P>


<!-- Field: Page; Sequence: 135; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-transform: uppercase; text-align: center">SCHEDULE
4<BR>
RIGHTS OF RECEIVERS</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">Subject to the rights of any party under
the first ranking charge provided pursuant to the Bank Financing, which creation will be subject to the sole discretion of Investor,
any Receiver appointed pursuant to Clause 9 <I>(Appointment and Rights of Receivers</I>) shall have the right, either in his own
name or in the name of Chargor or otherwise and in such manner and upon such terms and conditions as Receiver thinks fit, and either
alone or jointly with any other person:</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">(a)</TD><TD STYLE="text-align: justify"><B>Take possession</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">to take possession of, get
in and collect the Charged Assets and to require payment to it of all Investment Incomes;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">(b)</TD><TD STYLE="text-align: justify"><B>Deal with Charged Assets</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">to sell, transfer, assign,
exchange, lend or otherwise dispose of or realise the Charged Assets to any person either by public offer or auction, tender or
private contract and for a consideration of any kind (which may be payable or delivered in one amount or by instalments spread
over a period or deferred);</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">(c)</TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Borrow
money</B></FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">to borrow or raise money either
unsecured or on the security of the Charged Assets (either in priority to the Charges or otherwise);</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">(d)</TD><TD STYLE="text-align: justify"><B>Rights of ownership</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">to exercise and do (or permit
Chargor or any nominee of it to exercise and do) all such rights and things as Investor would be capable of exercising or doing
if it were the absolute beneficial owner of the Charged Assets;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">(e)</TD><TD STYLE="text-align: justify"><B>Claims</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">to settle, adjust, refer to
arbitration, compromise and arrange any claims, accounts, disputes, questions and demands with or by any person relating to the
Charged Assets;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">(f)</TD><TD STYLE="text-align: justify"><B>Legal actions</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">to bring, prosecute, enforce,
defend and abandon actions, suits and proceedings in relation to the Charged Assets;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">(g)</TD><TD STYLE="text-align: justify"><B>Redemption of Security</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">to redeem any Security (whether
or not having priority to the Charges) over the Charged Assets and to settle the accounts of any person with an interest in the
Charged Assets; and</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 136; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">(h)</TD><TD STYLE="text-align: justify"><B>Other powers</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">to do anything else it may
think fit for the realisation of the Charged Assets or incidental to the exercise of any of the rights conferred on Receiver under
or by virtue of any Transaction Document to which Chargor is party.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 137; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">In witness whereof this Deed has been
executed and delivered as a deed on the date stated at the beginning.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 40%; text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt"><B>SIGNED</B>, <B>SEALED</B> and <B>DELIVERED</B></FONT></TD>
    <TD STYLE="width: 60%; text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">as a <B>DEED</B> by <FONT STYLE="text-transform: uppercase"><B>Morgancreek</B></FONT></FONT></TD>
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B>Investment Holdings Limited</B></FONT></TD>
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">a BVI business company</FONT></TD>
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">in the presence of:</FONT></TD>
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/125% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Signature Page to the Deed of Securities
Charge</B></P>

<P STYLE="font: 10pt/125% Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 138 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">In witness whereof this Deed has been
executed and delivered as a deed on the date stated at the beginning.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 40%; text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt"><B>SIGNED</B>, <B>SEALED</B> and <B>DELIVERED</B></FONT></TD>
    <TD STYLE="width: 60%; text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">as a <B>DEED</B> by <B>BLUE OCEAN STRUCTURE</B></FONT></TD>
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt"><B>INVESTMENT II COMPANY LIMITED</B></FONT></TD>
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">a [British Virgin] Islands Company</FONT></TD>
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">in the presence of:</FONT></TD>
    <TD STYLE="text-align: justify; line-height: 115%"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/125% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Signature Page to the Deed of Securities
Charge</B></P>

<P STYLE="font: 10pt/125% Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 139; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>





<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>



<P STYLE="margin: 0"></P>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.(F)
<SEQUENCE>3
<FILENAME>v458733_ex99-f.htm
<DESCRIPTION>EXHIBIT (F)
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit (f)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Cayman
Companies Law Cap. 22 (Law 3 of 1961, as consolidated and revised) &ndash; Section 238</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">238. Rights of dissenters</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(1)</TD><TD>A member of a constituent company incorporated under this Law shall be entitled to payment of the fair value of his shares
upon dissenting from a merger or consolidation.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(2)</TD><TD>A member who desires to exercise his entitlement under subsection (1) shall give to the constituent company, before the vote
on the merger or consolidation, written objection to the action.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(3)</TD><TD>An objection under subsection (2) shall include a statement that the member proposes to demand payment for his shares if the
merger or consolidation is authorised by the vote.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(4)</TD><TD>Within twenty days immediately following the date on which the vote of members giving authorisation for the merger or consolidation
is made, the constituent company shall give written notice of the authorisation to each member who made a written objection.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(5)</TD><TD>A member who elects to dissent shall, within twenty days immediately following the date on which the notice referred to in
subsection (4) is given, give to the constituent company a written notice of his decision to dissent, stating-</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">(a)</TD><TD STYLE="text-align: justify">his name and address;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">(b)</TD><TD STYLE="text-align: justify">the number and classes of shares in respect of which
he dissents; and</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">(c)</TD><TD STYLE="text-align: justify">a demand for payment of the fair value of his shares.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(6)</TD><TD>A member who dissents shall do so in respect of all shares that he holds in the constituent company.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(7)</TD><TD>Upon the giving of a notice of dissent under subsection (5), the member to whom the notice relates shall cease to have any
of the rights of a member except the right to be paid the fair value of his shares and the rights referred to in subsections (12)
and (16).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(8)</TD><TD>Within seven days immediately following the date of the expiration of the period specified in subsection (5), or within seven
days immediately following the date on which the plan of merger or consolidation is filed, whichever is later, the constituent
company, the surviving company or the consolidated company shall make a written offer to each dissenting member to purchase his
shares at a specified price that the company determines to be their fair value; and if, within thirty days immediately following
the date on which the offer is made, the company making the offer and the dissenting member agree upon the price to be paid for
his shares, the company shall pay to the member the amount in money forthwith.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(9)</TD><TD>If the company and a dissenting member fail, within the period specified in subsection (8), to agree on the price to be paid
for the shares owned by the member, within twenty days immediately following the date on which the period expires-</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD>the company shall (and any dissenting member may) file a petition with the Court for a determination of the fair value of the
shares of all dissenting members; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD>the petition by the company shall be accompanied by a verified list containing the names and addresses of all members who have
filed a notice under subsection (5) and with whom agreements as to the fair value of their shares have not been reached by the
company.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(10)</TD><TD>A copy of any petition filed under subsection (9)(a) shall be served on the other party; and where a dissenting member has
so filed, the company shall within ten days after such service file the verified list referred to in subsection (9)(b).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(11)</TD><TD>At the hearing of a petition, the Court shall determine the fair value of the shares of such dissenting members as it finds
are involved, together with a fair rate of interest, if any, to be paid by the company upon the amount determined to be the fair
value.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(12)</TD><TD>Any member whose name appears on the list filed by the company under subsection (9)(b) or (10) and who the Court finds are
involved may participate fully in all proceedings until the determination of fair value is reached.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(13)</TD><TD>The order of the Court resulting from proceeding on the petition shall be enforceable in such manner as other orders of the
Court are enforced, whether the company is incorporated under the laws of the Islands or not.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(14)</TD><TD>The costs of the proceeding may be determined by the Court and taxed upon the parties as the Court deems equitable in the circumstances;
and upon application of a member, the Court may order all or a portion of the expenses incurred by any member in connection with
the proceeding, including reasonable attorney&rsquo;s fees and the fees and expenses of experts, to be charged pro rata against
the value of all the shares which are the subject of the proceeding.</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 55 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->51<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(15)</TD><TD>Shares acquired by the company pursuant to this section shall be cancelled and, if they are shares of a surviving company,
they shall be available for re-issue.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(16)</TD><TD>The enforcement by a member of his entitlement under this section shall exclude the enforcement by the member of any right
to which he might otherwise be entitled by virtue of his holding shares, except that this section shall not exclude the right of
the member to institute proceedings to obtain relief on the ground that the merger or consolidation is void or unlawful.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>



<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 56; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->52<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>pg33img1_ex99-b1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 pg33img1_ex99-b1.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@!FP)' P$1  (1 0,1 ?_$ -\  0 " P$! 0$!
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M! -H\#>--O-7(]%+H6J+=^754Q"DN1\TC[RNCTWM2M(0SR:/,D<?)$UC(4)
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MH&S>GE"B7%@5E;(+V0HT,OV>IUMA*> P(<H+XJH__P 1F'PVD6!,> P& P&
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ME<YF?-7"2/Z92Y$GD:%WF1FEC3)C"SPN]RVXWF5QQLN"P*UO+D5$EU9\7^3
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M\MX9S==%"9Z<B=[Y PAO:VMND",';"+0,3JD0J>^C43H"%R&\.@SRQC<56S
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M]5WQG/BT$A#LMM5]BE?H.7+2V,SE/3"RW-KYP'253R$0/JUJ:VUT6%2%1+G
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MMQ $R-&G"(0^S()+UH(="&/8M[^J(6][WO>][W@9C 8# 8# 8# 8# 8# 8#
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MMS0Q,Z$ $Y11*9&F)*  OK"T(T9A@PGK 8# 8# 8# 8# 8# 8# 8# 8# 8#
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M@,!@,!@,!@,!@,!@,!@,!@,!@,!@0KQN_)[H[Y):]^"C5@35@,!@<PO6Z&R
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M1R.L,0C['%(LSMT>C,9:&U@CS"SI"4#2RLC.C);VIJ;$*<!:=&@;T*<!1)0
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M%!- 0(TO1YI9II9.QAT:840(H!QH"][ZXRR1GEZ$+6N@.QAUOZNL#Z8# 8#
M8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8&K3:$Q:QHH^0F:LR5_C$B1#
M0.K6K[0(#BMB :2>0H(&4J0N"%26 ]*J(&6H2J"P'$C 8 (M3./W^\XO>8^0
MV&2<>[Q6UK:/1Z)B8G6)B8UBU9B:VK,UM$Q,PC;S9[;D-K?9[RD9-MDC2U9_
M_$]\3$Z3$QI-9B)B8F(E7ZO9Q*:IE[51-S/"I]+>!G)J0N-TZ@=V0A1D#4[@
M4Y4E@+2([BCS>4+>C/V!<F0DB6D!TI+6D%:7D^/V?,[*_47!4KCFFD[O;5_@
M3,Z?&Q1WSMKVGN[9P7F,=I\$X[31;#>[GB]U7A>7O-XOV;?/;^+$=OPLD]T9
MZ1Z>[-6/'7Z47K%JLQS3& P& P& P& P& P& P&! -HW4?'7U/5U8,9-BW>\
MH +T,3TL&BCT,95!@B 3JU7\@I3[E(@08 78EZ 8YO!P-D("#1:-,)TG$<#7
M=;>>7Y?).UZ?QVTG)IK?+:.WX6WI.GQ,L^F=8QXHGQ9+5C2+4?)<Q;;YXXWC
M:1N.9O76*:Z5QUG^)FM&O@QQZ([;Y)^C2LSK,>NJ*6(@K@Z3N9/QUC7/*DA2
M25V.YHP(]DMI9O=1,-@K)HU2G@]?-JK?6(;4Y@S#S-:4+3E:O8C]\<SSUN1Q
M4X[8XXVO!8;:X\%9UUMII.7-?2)RYK1WWM$1$?1QUI3Z+KB^'C99+;W=WG<<
MOEC2^68TTCO^'CKVQCQ1/=2)UF?I7FUOI)SS/+HP& P& P& P& P& P& P&
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ME\N[R6UM>TZS,_\ ZB.R(CLB(B(B(B(:3:;3;;';TVFSI7'MJ1I6M8TB(_\
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M!UH(=:UK6M=&LQ%K6M:;6F9M,ZS,]\RU<1%8BM8TK#Z9\?3 8# 8# 8# 8#
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MM=FE8C(=MK@MJDQ(\H&]2)*N&V* EFA"(L0B!AUOI#O6@W? 8# 8# 8# 8#
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M)'1I=FQ40N;7-L<$Y:M X-ZY*8:F6(5J4X!A1I8A ,+%H0=[UO6\#WX# 8#
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M4I'Z-*UCY%KL.*X[BZ3CV&&F*+?G3$?2M/KO:=;7GY;3,_*D7*M8& P& P&
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MT%4U4HH7'S][T"SN0)+A&B1E=?HVKCU/M9I=@O.A%"T,O3R=%PB_4V/67O\
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M 8# 8# 8# 8# 8'G5JTB!*H7+E2=$B2$F*%2Q6<6F2IDY(=C-/4*#A *))*
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MGUVM.MKS\MIF?E2'E8GF P& P& P& P& P& P& P& P& P& P& P& P& P&
MP& P& P& P& P& P& P& P& P& P& P&!@)3*XQ!HX]3":R)CB,3C;<I=Y#)
MY,[(6*/L34C+V:K<G=X<STK>W(4Q>MB,-.,  .OJ[P*Z^G/PN^ECQT\\E?\
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MDM?U[';-C$8C5E5M'5]D6'*I4\U_-4L20KGII<U/>1:Z$EK MB8\L(\"<R.
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M+V:?W,F3D=J,79E%@Z :#(X# JAQN^,GFW^=:A_LI\7<#]\AOC;X-_G02O\
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MV.<7("5'I6:8\/Q^PB[,.]%]76]BWK8MA*F!7#E1\648_./X<_VNZ/P+'X#
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MDS*VOS;I61H82%6D+JF5I=*20FBT ?4ZP="WT;]G>!'WH[\?_(93OFRA7@3
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MYC3''BDLZ=-R4_OT_G=DH=NP3=<DOL-=8)NY"_$%>/R/V7\"WK+SIG\2<?\
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MW9.CM@V;HH>P]/5WT!(F P& P& P& P& P& P& P& P& P& P& P& P& P&
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M+",8$RVO5D&N^M9Q4%G,YLCKJRHN]0J=1LMX>V(N21*2-ZAID,>7.,=<6EW
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M!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,#XJ/]W/\
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MPSXZ52[KG"N8.XPYG<)<Y3\RN6.>6&DIE).'EW.D#K*VBD]2K=3,;PO?U W
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F[/V&!T3P& P& P& P& P& P& P& P& P& P& P& P& P& P/_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>pg37img1_ex99-b1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 pg37img1_ex99-b1.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@!+ *, P$1  (1 0,1 ?_$ /0  0 " @,! 0$
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M=#4'-__:  P# 0 "$0,1 #\ _OXP& P& P& P& P& P& P& P& P& P& P&
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MSF;M^R)B>5S-\9[-UQ--<KJ)YG,GE;MF[9OB(G&IPF^R9[$O9ZYV3 8# 8#
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M_P"][?9W)[SWKN& P& P& P& P& P&!6/E)_Q#IS_.<X]?TDPV!9S 8# 8#
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M5%=\K$,5473MTB@R!*4=(J%1*F<R3@_0Q3=# -*9*I<$N,U!>P4E2*$I5Y"
MG:?8&SR.G9E55TZHYH!6#:O"2+Q\B,<#NL,G"Z*1$@6<)"H(]RBG>+M+E_\
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MYVTUNNL,*VU-LVZ)!'J^H!/,W?IJI-.JG0_5'O+T^-U!1?!-'LNLOSX;8_\
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MEA(9</,62H(D4<-6Q%E>JISB*^$E+)$V[(*D(JEIS;ZJ2A2J)JI15-4243.
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MF140CHW&UT[@+K45_>>['E2-)F+6V"H^D:VJ1K.V:S*VA0KA2,GXT\,E.%;
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MK=XLCK2O'2/GJ^ZG&M?U\M8)18UO)$LE_1KFMSB%F%($YUVN14BTBHS$"(>
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MVF><-'W7LD=;0M!V15I$DA,11W-YB&=?7.^B:TTM1U6D.+YS).H88]P=NJ^
MH((221FAA%7R 6D\:'^]G&_9'L/^D6UX)S3!A# J]S0_-DVK_!T%]UM?R3DL
M+0Y4,!@,"H^V>;6C-*VF8IUY>VAO.P;Z%CWC>.K3N02,M9&D I7SMETU"IK-
MY>3L[&.34\A2/5A!44T4U%B%ILF@.6>F.2SRYQ>L9B75F*$M&$LD'9H"1JLX
MW;32;A:)EFT1,IMG[Z"D4FXBB^23,T5'XI5!.4Y2D8[C/_QWRD_SI;G_ $?Z
MOP+2X# 8# J/??SU^-WX">3WW3<=L+HMQA# 8# 8$02_('1E?=.64YM_6\0\
M9N)%H[;2-R@&B[9U$3 0$JU727?$.DXCIKJV7(( 9)4I@, =IN@0G2[S2]C<
MM$K50+97;M67?&(4&M@JLS'ST*Y6;[84!=%"3C%W+-55 3 !RE.(D$>@]!R:
MKHN7E0P& P& P(:067;;FV&Z;-%'[AMJ+7BR#)$Z::KQ=*R;641:)JJB5)-1
MR<@$*)A H"/4?)D^J\2Z*5,^6^[7%55E[)P5V+9'B\K QDK&Q$%*1JH.IQNL
M]-&M8^S5A9U.EK:Z2S!Y)+"Q8#)J)%'P6RAW2=1T;)OJ+WH38&LK5P:M5CCZ
MYK%S?W47?J>]60<2D2X=2$%7EX9>FIN 4EYNM+),3-EU7CIRW*=%JHW'QPBS
M@S<IR@V-4I*],&O%&1B:A3*UNJQ1EF:U.\+QUF"D^<):H*@W)0(9M$^N+%ND
MM(&77,+$BQ03\0A%54Z-(M'+KD-4(UL\2X8A&U2-JMKLRFQU&LD\I<>XK,?:
MY&NOF<77XIS*-HV^N(%DW8&54058&DTUW0D;E YVB:TOV^<*/-R:J>+-E62K
MO5NSG"C1</V9JHM+ZG54;+>0 \5N8_:;^J&%C*4TX1!^JO\ #SD./U/:I"A_
MKAJ'60B'^KY<D*G#*C66]+J#24F9QM5X!&9L2QG$[*$B6(2$NLI&1\*HI(._
M %=T*L3$MFQ^\P@9% A1Z@4,#MQU:KT1*S<Y%PL9'S%E.Q4L$FT9H(/ID\8W
M.UCAD7*9"JNO,4%#E2 XB!.\W3H)C=0S>!#T<'^/VW_U=1Z^$/ZO_+#9(>3_
M %PPNGC3#A$-\?/O+Z]_@(O]]NL+.:9,(\W ]V7J5[/V.S3VQ-L2$O97W5\I
M&V!I!MC5TJUL4&IK-T&#D7,3(!:C&D#&/XKY9'O.(%543$MKF:2U1':3UO!Z
MYBY5[-MX=>:=J2S],B+EZZG)N0FW)S()J*IH)I*R IIE QNB9 ZB)NHB3-*^
M!#FE_P#BN^_ACVM]V,EDAK=])E]S?>HV']B,W_>2N5(S247]:7_P0_\ HPC'
M32\BTAY9W#LDY&8;1CY>+CU52H)OY%%JLHQ9*+F,4J*;IT4I!,(@!0-UZX'F
MD=Y[T9(D2HJTTZXA5:_(^>JQS2."^IV&29R#>M@Z9OW9:HDUBIQ5DO*&2 P%
MBRKD1*JY*4QBX/3M$JA44BKF(HL"9/&.F3L(=8"AXAR$$3"0IC@(@'41#]7"
M.-X'5HZZ!U$6RP>3X1_8C] _J_#@1GHO[RVI_P '5._D!AA9S2KA%>>71TR<
M4>3AU3)%3#CWN?O%94J*/:.N+('[(L;XJ9!Z]!,/P98SCPB7J00"4NH$*4I"
MDJ\ 0I"].T@%B6@ 4O0 #M* = R#:,",K;JZ-M=A:6DEENE7FVL*I7S.ZE.A
M$@\BCOBR16[U%5F]16%!X F(<"E.'<8.H@/3 POL<5^=K<_VY-/K'DI7X.FC
MB(&';&Y!,7KVF&X,A,7K^N[3#!=Q>[IY>GPXHL#31@,)@VQN0#&  ,<+@R Y
M@+U[0.<(+N,!>H].HCTZ^3%%OWV.*_.UN?[<FGUCQ0RM:U3'UVS-[8XME\M4
MNRAI2"CQMMA+*M(]C,NXE[)BT:(L6217#I:#; *ANXP%3Z!TZCUI>%)2PB']
MFAUM6C>GE_QI.A_V-9;%$?\ 8#)+492F#*RB'=&GHK==6:568G9ZOM&LF[?G
M=5Y5HD[=(257LE/DXY<7C5VGYL[A;4Z #$ JJ2X)JD,!B!U%JII^[MH/HI.!
M>;3VW*Q*U_<[!E3O["D6?=R!ZG$5!BR86>-;QTO#MHJ,@&B;<Z9SJ)-RJHD$
MI51$I9F\$F<?.'-*XX61>;IMNN<VR7A[3'BPN+QI-2'G=OFZO-2;E2PE;-9%
MU'LSU-!-@R5 Z3$%W'A& JO84EK?8$.77[[6D_\ P]C!_P#XNA_W,FJICRH8
M&L7;_ RW?8Q/_P E.\+&;$ZJ^]?K?[ J?]ST=@G.?"WW",3$0$%7V[EK 0L3
M!M7CYU)NVT1&LXUNZDGQP4>R#E%DBBFN^>'#N55, J*#Y3".!WG#-H[\#SMJ
MW=>;.$G;;SA!);S=V@(BBZ0\0IO"<(B(]IR]#%^H. .T:J.4'BC9NH\:IN$6
MKLZ*9G+9%V*(NDD%S%%5%-R+9,5"E$ /X9>O7M#H$3Z'^]I&_9'L,/\ 8V-:
M\+.:8,(8%7N:'YLFU?X.@ONMK^2<EA:'*A@,!@:9*:XUY-OWDI,T.F2\G(%$
MLA(RE7@W[]\48\T0)7CQVQ5<.2C%',U$#F-^UQ%/]8/;@9>,K%:A72KZ'KT'
M$O5V;>.7>1D2P8.EH]HNZ=-&*KAJW2649M7+Y91-(1$A#K',  )S"(>;WNXN
M4%<Y&VOGK&U[7&WJ(KJ/FE>Z+95MHU%K5VSZTL*G38R4C*XLWF94)CT6$(1P
MLJ4"H^:R#-0AS@L($&$O3W 8# 8%1[[^>OQN_ 3R>^Z;CMA=%N,(8# 8# JE
M8N%''*VV"5M-CI,A*SDS/R5G>O5[G="!Z;EE7QG[ULW;SZ+9H*S.6>LP*F0I
M"L'SEL  BLH01<J2ZBNO$'0?O2Y[AKJ6)EZ3M:U<6$]H2=$C:GL-:IJ1Y;KY
MRXMC&P/F;NDQ$<Z20\)P9HX017EC'3.!GAS );PK5[#X0P& P& P(]M6J==W
M>41F[54XN9ET&"<6E(N"KINPCD7#AVBR,LW61.HW1<NU3D*;J!3*&$.G<.*@
MN6O?D_:;_F'%?!T_W^2^#]3^SO@Q4%RC#=>C=40^F]NS$73&$?*QNL+X_82+
M1U*(/&CUC5)==D[;N4WY5DG#1<@'2.40,F8.I1 <E0MRZVA](ZKG-%Z8EYBG
MLI.4E]2ZYD91^]=RKEU(/WU.AW#QX\65?F.X<NUU3'4.<1,<QA$PB(CBH+E*
MOY/.EQ)X8Z_AA2[0+X0GD!3[0   OAB][.T #ITZ=.F6BY;'5M3ZYI4J><J]
M2BX>848K1AI) JZCP(]RNV<N&9%G*RQTD'#AFD<Y2] .9,HCU[0PB0\"+YW2
MVK+-,O[%.4F'?3<J9N>3DC$<(.7ZC1JBQ;*NS-5T <*HLVZ:13F 3 F0I>O0
M  %07+%?D]Z9_F#$?UZ1_=V2H6Y5<YK:=UM4^+&Y[#6JNA!3D96&Z\=+Q4A,
M,9%BL,[$)BLT>-I%-PW5%,XE[B& >T1#X!$,L1"3,TM(/'W31A$1H,1U$1$>
MBLB =1'KY !Z  '^IDJ%N7Y^3WIG^8,1_7I']W8J"Y;;4=:T2AKR+JH5F-@G
M4NDS0DG30BIG+Q"/,Y.R06<+JK+&1:G>JF(3KVE,H8>G41RHWC AEKH'6+%
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M#>OV)MOY?AL).2WN%,!@,!@,"HW(3[^7"/\ #C?O_P!.6Y,DK'TEN<J& P&
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M<2*\L[?:8JKM_/'65FY->8LAY666<&[UEY"4&P>D';@ZO0_B'4$X* !P$#
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MV1T "E_./Y*]>A2J$#R^UWJ(]%1ZC\(CT$?*4.A*@'W>?%0>O6I;(^, @/\
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MV-U#]#W?/%@#=P538_4# ;R\C>20AU!4ZOZT=MB40[U!\G3ITZ!\   !\_\
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M;;F'K5Y9%*>UA+:O:4E'"2D$1Q0/2!3LTF:SP!3&^ 3HT3D6XJCW=$_&(!A
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M:4F!',%>?>(.;M'Q\UJ?1;&N-9.+3L;PMCF2,W4(\E5'3SU14/)*2#RP,*X
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M/(:G6B/3EJW:-L[#@9V,54713?14K!5]F^:BLV51<H>,W6, '3.10@_&*8#
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M*1?37,Z:;%BDQ.]9I;#UX\EDQ!9@W\$D,RJ3B66<BYDVZ0)D1,?Q%0+TZ]0
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M%%/9N!@E)=TYUZ[:,'5CF6,#'+NT(J]OY$6OI&12*H9)!4Q"B)NT0# FG*&
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MCK:0HM<9*QJ%9LOJ._D7*HSUGB'!5[&S;/UI> (S<+KQS-(K@/V))^11)9)
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MAQB+$^CEYB-&*=R[M5MX*Q/ 4=*F)VBH<3#1>O 8# 8# 8# 8# 8# 8# 8#
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MUA;TERH8# J?M#\[?BA]A/)C^3=4871;#"& P& P& P& P& P& P& P& P&
MP& P& P& P& P& P& P& P& P.B[E(Q@8A'TBQ9'4*)R$=NV[<QR@/03$*LH
M03% ?)U#R=<#J>L5?_?V&_C-E_P^%J3UBK_[^PW\9LO^'P5+R]XZ\J)*\^\O
MYZZ,D]*7.CP>J=>\<77MFL%AJ:NOKPE)LKL\JH5 &+X\DZ5GH^9>G.0Q>YBI
M$KIN.PYT0/"]%M5.-'$M:7&?<:[UPZG#2;N9-+NWA7<B:3D)IY89!X9VYDE5
MS*OYE^JNOU'HL(E*<#%(0I:8I1UY4--ZFB)" UI%4>CPDI./K)(15<4C(U@Z
MGI--LE(2AVJ"Q4@=NTV:0', !W=@8*E)C5ZS?)BJR=MGB0&$@JM5TG"8'  $
M2"=(YR@8 $/)UZX1V<!@,!@5@J_YXVY?\WS0/W><@,+IXUG\(8# 8# 8# 8#
M 8'FY.[MU#IOW@FW5-K[*IFNRS_$WCV$&:WSS&"++>C]J\BP?^CSOU42.O,A
M=)>*!1$2>(7J'EP)\_+AX>_I+Z6^D"O?NW"U*MG(;WJ_N^=6DJVN;GRBUFQL
M.]V5WI^NUF$J>=A7EG8021DH:;FH-&085ES+J2R23$[\S=%TOU2(?Q.A1DY)
ME.+T$K43&2]#J#*8C6$HU+7:TOYI),V[YN#AM',U6ZW@.4U4O&;K$ Q#=.XI
M@ 0$!Q&0[SNH58Z+U0*G6W+APS4;G(K"19O/$BD6%-HX,=O^RMS&5,'88>WX
MX_JCE'F77;[[P%A'J&M'!'12[YG7W#.,&N[ @(]-O*1D0!':C)H))TRT39YW
MHX9LU'$>9JQ0\)9=1RH3M+AHV>+NW-&2]14;!PNULTMTQ8HMI?;WZTTUXSKD
M,P8PI7-K0CS.3O)5S)LE'D>@Q2>&6CR(E.954IBI&&%\'HBC3:@W<'>(52MH
M.U/&!1TC!Q:;A0''A>< =<C4JIO'\$G?U'XW87KUZ!A$2<AHV.A^/.QHR)8,
MHN-95-=!G'QS5!BQ:(E<-Q*BV:-DTFZ"11$>A2%  PL9I_PA@5>YD_F]6K[*
M=1?TQT#).2QFM#E1 NA9R$;ZNA$5YB*153E[N4Z2L@T34(8+W9@$IR'6 Q3
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M4^-9;*R8# J?M#\[?BA]A/)C^3=4871;#"& P& P& P& P& P& P& P& P&
MP& P& P& P& P& P& P& P& P(-D:73;=N2PFM=2K-G,QUG1 9&L,#%S1F95
M[3L<5P:#)-7(MP7%(G?V=.[L+UZ] R:K&7C5:W+M'66GMM,]>*<,E;U7!@XN
MPR]YH6M:_821,:^;VCSM12$;5KHHK%OX5FD9#SP'KI-\91L@MYNH&4BY0//<
MWN.+$]+AX?@WL=U<]EM3O==U>RZ1HM,5M2$?'LI&>1;.)A<5FTC$D="EYL=#
MQE5"^(!0;=5RC%,M6W)J38;*TOJ!PMD2N*M;J)5)1'9&H&NN3ODK39HJOOY>
M&.-(L:\PQJ+:;!XY!-/H*2*_0Q2E*=07*+H_ESIR3E&SEI[O[::E(D(P C)T
MV@H!E/.[,*<X[/#N*U,Q\22-8D95U;PW:CPPN5W#9(B?<H(%&*RG'+87&SDL
M\VC'570$=5)'45DAJC;XV^:QHL-)(6&5@&T\NQ1CFAI)X!(LCGP%%E2))+*E
M$4#*D 38,4VZI@8.M;$WC$UR&BH"*2GJ.NE&0L>TBHY-=Q0XDSA9-DQ10;$5
M7,4!.8"@)A#R]<$IZPA@,!@5@J_YXVY?\WS0/W><@,+IXUG\(8# 8# 8# 8#
M 8%8:[Y>8VVP'RA^3KHG^D/?F!JO(#:7*2F6=Y$:+TE$;,C25RM23!]*BXCF
MSFP/'ES1F:ZXECV*+:-DS)QT/VNP2.6/*\5553<E "$"#:TYWSMF?GY;E9Q0
MU;'-J)K*^V;1NW&47%2T]2IF5A64;8XURRL\U.S]!L]BCA3,48HS@BC=NJ@L
MY#PNBTG)8>B5(_P+J'V+P'\DM,1DB&-SZ.N>T+-5;#5-];%T^E7V+IB_BJ3Y
ML9I8@</VKPBLD1ZN+7O;D0,F7J@<1 _E'M 2C115[K]50C.*G_>I6;TM(.V,
M^S2F)&L5.4E#QJ4.*)(.#A[-5'#J.].UQTN+= BY%2.3ME2J@!C*","O0$)+
MC42P7O5[K9&5H?PL%5(5E/4R5LTQ-VR?37KY#I-':ED<EDU8TZ!/.402*U34
M IDTC+]XI?SC]J"YZ:KLM7;;N.T[B1</(Q6"?V])X:5@F+"#81+AB:3D9Z>?
M2823QD9ZH910O8NNH!0[>G0.WR7^\-M#[&'']\-\+&:<L(8%7N9/YO5J^RG4
M7],= R3DL9K0Y457>63B"L_D3O(W4CU^$E))23H:)%R!UI5!\X1E17>IU]<C
MIT6135!8_><15 W41'KDP6I=?T_PZ_>/4GT<Q_R:Q@M;CT_PZ_>/4GT<Q_R:
MQ@5N/3_#K]X]2?1S'_)K&!6X]/\ #K]X]2?1S'_)K&!6Y\GL'#<"F$\'J,"
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M3AC7&TU;6SR/?U* 1L5A9TN6<,'L?29FM,6=7C'+E_(LU)%-RK%)?M8BP'*
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M69U!SE?4DWM2:Q,4]5%C/QL4[%4JJ?:J8B8I%7 Z8&$Q#  C->#"& P& P&
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M.V49GE*W4*]!2)F:QTU%FAGL7'-7)FRJB)#&3$W:82 (AU ,J-\P& P& P&
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, 8# 8# 8# 8# __9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
