<SEC-DOCUMENT>0000950127-23-000038.txt : 20230725
<SEC-HEADER>0000950127-23-000038.hdr.sgml : 20230725
<ACCEPTANCE-DATETIME>20230725062014
ACCESSION NUMBER:		0000950127-23-000038
CONFORMED SUBMISSION TYPE:	F-6 POS
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20230725
DATE AS OF CHANGE:		20230725

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Dunxin Financial Holdings Ltd
		CENTRAL INDEX KEY:			0001499494
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		F-6 POS
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-223442
		FILM NUMBER:		231106376

	BUSINESS ADDRESS:	
		STREET 1:		27TH FLOOR, LIANFA INTERNATIONAL BLDG.
		STREET 2:		128 XUDONG ROAD, WUCHANG DISTRICT
		CITY:			WUHAN CITY, HUBEI PROVINCE
		STATE:			F4
		ZIP:			430063
		BUSINESS PHONE:		86 27-87303888

	MAIL ADDRESS:	
		STREET 1:		27TH FLOOR, LIANFA INTERNATIONAL BLDG.
		STREET 2:		128 XUDONG ROAD, WUCHANG DISTRICT
		CITY:			WUHAN CITY, HUBEI PROVINCE
		STATE:			F4
		ZIP:			430063

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	China Xiniya Fashion Ltd
		DATE OF NAME CHANGE:	20100818

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Deutsche Bank Trust Co Americas/ ADR Group
		CENTRAL INDEX KEY:			0001471515
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		F-6 POS

	BUSINESS ADDRESS:	
		STREET 1:		60 WALL STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
		BUSINESS PHONE:		212-319-7600

	MAIL ADDRESS:	
		STREET 1:		60 WALL STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
</SEC-HEADER>
<DOCUMENT>
<TYPE>F-6 POS
<SEQUENCE>1
<FILENAME>f-6_registration_statement.htm
<DESCRIPTION>F-6 REGISTRATION STATEMENT
<TEXT>
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            <div style="text-align: justify; font-weight: bold;">As filed with the Securities and Exchange Commission on July 25, 2023</div>
          </td>
          <td nowrap="nowrap" style="width: 30.94%; vertical-align: top; border-bottom: #000000 4px double;">
            <div style="text-align: justify; font-weight: bold;">Registration No. 333-223442</div>
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    <div style="text-align: justify;"><br>
    </div>
    <div style="text-align: center; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-weight: bold;">Washington, D.C.&#160;&#160;20549</div>
    <div style="text-align: center;">______________________________</div>
    <div style="text-align: center; font-size: 14pt; font-weight: bold;">POST-EFFECTIVE AMENDMENT NO. 1 TO</div>
    <div style="text-align: center; font-size: 14pt; font-weight: bold;">FORM F-6</div>
    <div style="text-align: center; font-weight: bold;">REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 FOR</div>
    <div style="text-align: center; font-weight: bold;">DEPOSITARY SHARES EVIDENCED BY AMERICAN DEPOSITARY RECEIPTS</div>
    <div style="text-align: center;">______________</div>
    <div style="text-align: center; font-size: 14pt; font-weight: bold;">Dunxin Financial Holdings Limited</div>
    <div style="text-align: center;">(Exact name of issuer of deposited securities as specified in its charter)</div>
    <div style="text-align: center;">______________</div>
    <div style="text-align: center; font-weight: bold;">Not Applicable</div>
    <div style="text-align: center;">(Translation of issuer&#8217;s name into English)</div>
    <div style="text-align: center;">______________</div>
    <div style="text-align: center; font-weight: bold;">Cayman Islands</div>
    <div style="text-align: center;">(Jurisdiction of incorporation or organization of issuer<font style="font-weight: bold;">)</font></div>
    <div style="text-align: center;">____________________________</div>
    <div style="text-align: center; font-weight: bold;">Deutsche Bank Trust Company Americas</div>
    <div style="text-align: center;">(Exact name of depositary as specified in its charter<font style="font-weight: bold;">)</font></div>
    <div style="text-align: center;">____________</div>
    <div style="text-align: center; font-weight: bold;">1 Columbus Circle</div>
    <div style="text-align: center; font-weight: bold;">New York, New York 10019</div>
    <div style="text-align: center; font-weight: bold;">+1 (212) 250-9100</div>
    <div style="text-align: center;">(Address, including zip code, and telephone number, including area code, of depositary&#8217;s principal executive offices)</div>
    <div style="text-align: center;">______________</div>
    <div style="text-align: center; font-weight: bold;">Puglisi &amp; Associates</div>
    <div style="text-align: center; font-weight: bold;">850 Library Avenue, Suite 204</div>
    <div style="text-align: center; font-weight: bold;">Newark, DE 19711</div>
    <div style="text-align: center; font-weight: bold;"><u>Tel: +1 (302) 738-6680</u></div>
    <div style="text-align: center;"><font style="font-weight: bold;"> </font><br>
    </div>
    <div style="text-align: center;">(Address, including zip code, and telephone number, including area code, of agent for service)</div>
    <div style="text-align: center;">______________________________</div>
    <div style="text-align: center;">Copies to:</div>
    <table cellspacing="0" cellpadding="0" id="z15890d0b1dc14cb882b21316226787be" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 32.74%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">Joan Wu, Esq.</div>
            <div style="text-align: center; font-weight: bold;">Hunter Taubman Fischer &amp; Li LLC</div>
            <div style="text-align: center; font-weight: bold;">950 Third Avenue, 19<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor</div>
            <div style="text-align: center; font-weight: bold;">New York, NY 10022</div>
            <div style="text-align: center; font-weight: bold;">+1 (212) 530 2210</div>
          </td>
          <td style="width: 38.17%; vertical-align: top;">&#160;</td>
          <td style="width: 29.08%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">Melissa Butler, Esq.<br>
              White &amp; Case LLP<br>
              5 Old Broad Street<br>
              London EC2N 1DW<br>
              United Kingdom<br>
              +(44) 20 7532-1502</div>
          </td>
        </tr>
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          <td style="width: 32.74%; vertical-align: top;">&#160;</td>
          <td style="width: 38.17%; vertical-align: top;">&#160;</td>
          <td style="width: 29.08%; vertical-align: top;">&#160;</td>
        </tr>

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    <div style="text-align: center;">__________________________________</div>
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          <td nowrap="nowrap" style="width: 50%; vertical-align: top;">
            <div style="text-align: justify;">It is proposed that this filing become effective under Rule 466:</div>
          </td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: justify;">&#9746; immediately upon filing.</div>
            <div style="text-align: justify;">&#9744; on (Date) at (Time).</div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify;">If a separate registration statement has been filed to register the deposited shares, check the following box :&#160;&#160;&#9746;</div>
    <div style="text-align: center;">_________________________________</div>
    <div style="text-align: center; font-weight: bold;">CALCULATION OF REGISTRATION FEE</div>
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          <td style="border-bottom: 1px solid #000000; border-left: 1px solid #000000; border-right: 1px solid #000000; border-top: 1px solid #000000; vertical-align: bottom; width: 25.62%; padding: 0px 5px;">
            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Title of each class<br>
              of Securities to be registered</div>
          </td>
          <td style="border-bottom: 1px solid #000000; border-left: 0px solid #000000; border-right: 1px solid #000000; border-top: 1px solid #000000; vertical-align: bottom; width: 17.72%; padding: 0px 5px;">
            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Amount to be registered</div>
          </td>
          <td style="border-bottom: 1px solid #000000; border-left: 0px solid #000000; border-right: 1px solid #000000; border-top: 1px solid #000000; vertical-align: bottom; width: 22.11%; padding: 0px 5px;">
            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Proposed<br>
              maximum aggregate price per unit <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="border-bottom: 1px solid #000000; border-left: 0px solid #000000; border-right: 1px solid #000000; border-top: 1px solid #000000; vertical-align: bottom; width: 21.23%; padding: 0px 5px;">
            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Proposed<br>
              maximum aggregate offering price <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div>
          </td>
          <td style="border-bottom: 1px solid #000000; border-left: 1px solid #000000; border-right: 1px solid #000000; border-top: 1px solid #000000; vertical-align: bottom; width: 13.32%; padding: 0px 5px;">
            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Amount of registration fee<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></div>
          </td>
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          <td style="border-bottom: 1px solid #000000; border-left: 1px solid #000000; border-right: 1px solid #000000; border-top: 0px solid #000000; vertical-align: top; width: 25.62%; padding: 0px 5px;">
            <div>American Depositary Shares, each representing 480 ordinary shares of Dunxin Financial Holdings Limited.</div>
          </td>
          <td style="border-bottom: 1px solid #000000; border-left: 0px solid #000000; border-right: 1px solid #000000; border-top: 0px solid #000000; vertical-align: top; width: 17.72%; padding: 0px 5px;">
            <div>N/A</div>
          </td>
          <td style="border-bottom: 1px solid #000000; border-left: 0px solid #000000; border-right: 1px solid #000000; border-top: 0px solid #000000; vertical-align: top; width: 22.11%; padding: 0px 5px;">
            <div>N/A</div>
          </td>
          <td style="border-bottom: 1px solid #000000; border-left: 0px solid #000000; border-right: 1px solid #000000; border-top: 0px solid #000000; vertical-align: top; width: 21.23%; padding: 0px 5px;">
            <div>N/A</div>
          </td>
          <td style="border-bottom: 1px solid #000000; border-left: 1px solid #000000; border-right: 1px solid #000000; border-top: 0px solid #000000; vertical-align: top; width: 13.32%; padding: 0px 5px;">
            <div>N/A</div>
          </td>
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    <div style="text-align: justify; margin-bottom: 9pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> <br>
      </sup></div>
    <div style="text-align: justify; margin-bottom: 9pt;">
      <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 9pt;">

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            <td style="width: 36pt; vertical-align: top;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div>For the purpose of this table only the term "unit" is defined as one American Depositary Share.</div>
            </td>
          </tr>

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          <td style="width: 36pt; vertical-align: top;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>Estimated solely for the purpose of calculating the registration fee.&#160; Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of American
              Depositary Shares.</div>
          </td>
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          <td style="width: 36pt; vertical-align: top;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup></td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>Previously paid.</div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify; margin-bottom: 9pt;">This registration statement may be executed in any number of counterparts, each of which shall be deemed an original, and all of such counterparts together shall constitute one and the same
      instrument.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">EXPLANATORY NOTE</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">This Post-Effective Amendment No. 1 to the Registration Statement on Form F-6 (Registration No. 333-223442) is being filed solely to (i) effect a ratio change for each American
      Depositary Share so that the new ratio shall be one (1) American Depositary Share to 480 ordinary shares of Dunxin Financial Holdings Limited and (ii) make corresponding changes reflecting the ratio change to the previously filed Deposit Agreement.</div>
    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">PART I</div>
    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">INFORMATION REQUIRED IN PROSPECTUS</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">The prospectus consists of the proposed form of American Depositary Receipt (&#8220;Receipt&#8221;) included as Exhibits A and B to Amendment No. 4 to the Deposit Agreement filed as Exhibit
      (a)(5) to this Post-Effective Amendment to the Registration Statement on Form F-6 (File No. 333-223442), which is incorporated herein by reference.</div>
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          <td style="width: 9.41%; vertical-align: top;">
            <div style="text-align: justify; font-weight: bold;">Item 1.</div>
          </td>
          <td style="width: 90.59%; vertical-align: top;">
            <div style="text-align: justify; font-weight: bold;">DESCRIPTION OF SECURITIES TO BE REGISTERED</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 9pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z1ae5db52b9c84f9a865955e81b70f146" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="border-bottom: 1px solid #000000; vertical-align: bottom; width: 51.23%;" colspan="3">
            <div style="text-align: justify; font-weight: bold;">Required Information</div>
          </td>
          <td style="width: 3.56%; vertical-align: bottom;">&#160;</td>
          <td style="border-bottom: 1px solid #000000; vertical-align: bottom; width: 45.21%;">
            <div style="text-align: justify; font-weight: bold;">Location in Form of Receipt Filed Herewith as Prospectus</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">
            <div style="text-align: justify;">1.</div>
          </td>
          <td style="width: 47.04%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;">Name of depositary and address of its principal executive office</div>
          </td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
            <div style="text-align: justify;">Face of Receipt &#8211; introductory paragraph</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">
            <div style="text-align: justify;">2.</div>
          </td>
          <td style="width: 47.04%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;">Title of Receipts and identity of deposited securities</div>
          </td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
            <div style="text-align: justify;">Face of Receipt &#8211; top center</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 51.23%; vertical-align: top;" colspan="3">
            <div style="text-align: justify;">Terms of Deposit:</div>
          </td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">
            <div style="text-align: justify;">(i)</div>
          </td>
          <td style="width: 39.94%; vertical-align: top;">
            <div style="text-align: justify;">The amount of deposited securities represented by one American Depositary Share (&#8220;ADS&#8221;)</div>
          </td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
            <div style="text-align: justify;">Face of Receipt &#8211; upper right corner</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">
            <div style="text-align: justify;">(ii)</div>
          </td>
          <td style="width: 39.94%; vertical-align: top;">
            <div style="text-align: justify;">The procedure for voting the deposited securities</div>
          </td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
            <div style="text-align: justify;">Reverse of Receipt &#8211; Articles 14 and 15</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">
            <div style="text-align: justify;">(iii)</div>
          </td>
          <td style="width: 39.94%; vertical-align: top;">
            <div style="text-align: justify;">The procedure for collecting and distributing dividends</div>
          </td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
            <div style="text-align: justify;">Reverse of Receipt &#8211; Articles 13 and 14</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">
            <div style="text-align: justify;">(iv)</div>
          </td>
          <td style="width: 39.94%; vertical-align: top;">
            <div style="text-align: justify;">The procedures for transmitting notices, reports and proxy soliciting material</div>
          </td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
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          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">
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          <td style="width: 45.21%; vertical-align: top;">
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          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.2%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;" rowspan="1">&#160;</td>
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          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
            <div style="text-align: justify;">Reverse of Receipt &#8211; Articles 20 and 21 (no provision for extension)</div>
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          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">
            <div style="text-align: justify;">(viii)</div>
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          <td style="width: 39.94%; vertical-align: top;">
            <div style="text-align: justify;">The rights of holders of Receipts to inspect the books of the depositary and the list of holders of Receipts</div>
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          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
            <div style="text-align: justify;">Face of Receipt &#8211; Article 12</div>
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          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">
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          <td style="width: 39.94%; vertical-align: top;">
            <div style="text-align: justify;">Restrictions upon the right to transfer or withdraw the underlying securities</div>
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          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
            <div style="text-align: justify;">Face of Receipt &#8211; Articles 2, 3, 4, 6, 8, 9 and 10;</div>
            <div style="text-align: justify;">Reverse of Receipt &#8211; Article 22</div>
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          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">
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          <td style="width: 39.94%; vertical-align: top;">
            <div style="text-align: justify;">Limitation on the depositary&#8217;s liability</div>
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          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
            <div style="text-align: justify;">Face of Receipt &#8211; Article 10;</div>
            <div style="text-align: justify;">Reverse of Receipt &#8211; Articles 15, 16, 17 and 18</div>
          </td>
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          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 7.1%; vertical-align: top;">&#160;</td>
          <td style="width: 39.94%; vertical-align: top;">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">
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          <td style="width: 47.04%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;">Fees and charges that a holder of Receipts may have to pay, either directly or indirectly</div>
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          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
            <div style="text-align: justify;">Face of Receipt &#8211; Article 9</div>
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          <td style="width: 4.2%; vertical-align: top;">&#160;</td>
          <td style="width: 47.04%; vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 4.2%; vertical-align: top;">
            <div style="text-align: justify;">4.</div>
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          <td style="width: 47.04%; vertical-align: top;" colspan="2">
            <div style="text-align: justify;">Fees and other direct and indirect payments made by the depositary to the foreign issuer of the deposited securities</div>
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          <td style="width: 3.56%; vertical-align: top;">&#160;</td>
          <td style="width: 45.21%; vertical-align: top;">
            <div style="text-align: justify;">Face of Receipt &#8211; Article 9</div>
          </td>
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    <div style="margin-bottom: 9pt;"><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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        <tr>
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            <div style="text-align: justify; font-weight: bold;">Item 2.</div>
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            <div style="text-align: justify; font-weight: bold;">AVAILABLE INFORMATION</div>
          </td>
        </tr>

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    <div style="text-align: justify; text-indent: 36pt; margin-top: 9pt; margin-bottom: 9pt;">Dunxin Financial Holdings Limited (the &#8220;Company&#8221;) is subject to the periodic reporting requirements of the United States Securities Exchange Act of 1934, as
      amended, and, accordingly, files certain reports with, and furnishes certain reports to, the U.S. Securities and Exchange Commission (the &#8220;Commission&#8221;).&#160;&#160;These reports can be retrieved from the Commission&#8217;s website (www.sec.gov) and can be inspected
      and copied at the public reference facilities maintained by the Commission at 100 F Street, N.E., Washington D.C. 20549.</div>
    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">PART II</div>
    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">INFORMATION NOT REQUIRED IN PROSPECTUS</div>
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          <td style="width: 11.24%; vertical-align: top;">
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    <div style="margin-bottom: 9pt;"><br>
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            <div>&#160;</div>
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            <div>(a)(1)</div>
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            <div>Form of Deposit Agreement, by and among the Company, Deutsche Bank Trust Company Americas, as depositary (the &#8220;Depositary&#8221;), and all holders and beneficial owners from time to time of ADSs issued thereunder (&#8220;Deposit Agreement&#8221;).&#160; &#8212;
              Previously filed as Exhibit (a) to Form F-6 (File No. 333-170489) and incorporated herein by reference.</div>
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        <tr>
          <td style="width: 10.95%; vertical-align: top;">&#160;</td>
          <td style="width: 8.77%; vertical-align: top;">&#160;</td>
          <td style="width: 80.29%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 10.95%; vertical-align: top;">&#160;</td>
          <td style="width: 8.77%; vertical-align: top;">
            <div>(a)(2)</div>
            <div>&#160;</div>
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          <td style="width: 80.29%; vertical-align: top;">
            <div>Form of Amendment No. 1 to Deposit Agreement. &#8211; Previously filed as Exhibit (a)(2) to Post-Effective Amendment No. 1 to Form F-6 (File No. 333-170489) on November 25, 2014 and incorporated herein by reference.</div>
            <div>&#160;</div>
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          <td style="width: 10.95%; vertical-align: top;">&#160;</td>
          <td style="width: 8.77%; vertical-align: top;">
            <div>(a)(3)</div>
            <div>&#160;</div>
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          <td style="width: 80.29%; vertical-align: top;">
            <div>Form of Amendment No. 2 to Deposit Agreement. &#8211; Previously filed as Exhibit (a)(3) to Post-Effective Amendment No. 2 to Form F-6 (File No. 333-170489) on December 15, 2017 and incorporated herein by reference.</div>
            <div>&#160;</div>
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          <td style="width: 10.95%; vertical-align: top;">&#160;</td>
          <td style="width: 8.77%; vertical-align: top;">
            <div>(a)(4)</div>
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          <td style="width: 80.29%; vertical-align: top;">
            <div>Form of Amendment No. 3 to Deposit Agreement. &#8211; Previously filed as Exhibit (a)(4) to Form F-6 (File No. 333-223442) on March 5, 2018 and incorporated herein by reference.</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 10.95%; vertical-align: top;">&#160;</td>
          <td style="width: 8.77%; vertical-align: top;">
            <div>(a)(5)</div>
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          <td style="width: 80.29%; vertical-align: top;">
            <div>Amendment No. 4 to the Deposit Agreement&#8212; Filed herewith as Exhibit (a)(5).</div>
          </td>
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          <td style="width: 10.95%; vertical-align: top;">&#160;</td>
          <td style="width: 8.77%; vertical-align: top;">&#160;</td>
          <td style="width: 80.29%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 10.95%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 8.77%; vertical-align: top;">
            <div>(b)</div>
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          <td style="width: 80.29%; vertical-align: top;">
            <div>Any other agreement to which the Depositary is a party relating to the issuance of the ADSs registered hereunder or the custody of the deposited securities represented thereby. &#8212; Not applicable.</div>
          </td>
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          <td style="width: 10.88%; vertical-align: top;">&#160;</td>
          <td style="width: 8.71%; vertical-align: top;">&#160;</td>
          <td style="width: 80.41%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 10.88%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 8.71%; vertical-align: top;">
            <div>(c)</div>
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          <td style="width: 80.41%; vertical-align: top;">
            <div>Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. &#8212; Not applicable.</div>
          </td>
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        <tr>
          <td style="width: 10.88%; vertical-align: top;">&#160;</td>
          <td style="width: 8.71%; vertical-align: top;">&#160;</td>
          <td style="width: 80.41%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 10.88%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 8.71%; vertical-align: top;">
            <div>(d)</div>
          </td>
          <td style="width: 80.41%; vertical-align: top;">
            <div>Opinion of Ziegler, Ziegler &amp; Associates LLP, counsel to the Depositary, as to the legality of the securities to be registered. &#8212; Previously filed as Exhibit (d) to Form F-6 (File No. 333-223442) and incorporated herein by reference.</div>
          </td>
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          <td style="width: 10.88%; vertical-align: top;">&#160;</td>
          <td style="width: 8.71%; vertical-align: top;">&#160;</td>
          <td style="width: 80.41%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 10.88%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 8.71%; vertical-align: top;">
            <div>(e)</div>
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          <td style="width: 80.41%; vertical-align: top;">
            <div>Certification under Rule 466. &#8212; Filed herewith as Exhibit (e).</div>
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        </tr>
        <tr>
          <td style="width: 10.88%; vertical-align: top;">&#160;</td>
          <td style="width: 8.71%; vertical-align: top;">&#160;</td>
          <td style="width: 80.41%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 10.88%; vertical-align: top;">
            <div>&#160;</div>
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          <td style="width: 8.71%; vertical-align: top;">
            <div>(f)</div>
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          <td style="width: 80.41%; vertical-align: top;">
            <div>Powers of attorney for certain officers and directors of the Company. &#8212;&#8211; Set forth on the signature pages hereto.</div>
          </td>
        </tr>

    </table>
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        <tr>
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            <div style="text-align: justify; font-weight: bold;">Item 4.</div>
          </td>
          <td style="width: 88.76%; vertical-align: top;">
            <div style="text-align: justify; font-weight: bold;">UNDERTAKINGS</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 9pt;"><br>
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          <td style="width: 11.19%; vertical-align: top;">&#160;</td>
          <td style="width: 8.4%; vertical-align: top;">
            <div>(a)</div>
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          <td style="width: 80.41%; vertical-align: top;">
            <div>The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the ADRs, any reports and communications received from the issuer of the deposited securities
              which are both (1) received by the Depositary as the holder of the deposited securities; and (2) made generally available to the holders of the underlying securities by the issuer.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11.19%; vertical-align: top;">&#160;</td>
          <td style="width: 8.4%; vertical-align: top;">&#160;</td>
          <td style="width: 80.41%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11.19%; vertical-align: top;">&#160;</td>
          <td style="width: 8.4%; vertical-align: top;">
            <div>(b)</div>
          </td>
          <td style="width: 80.41%; vertical-align: top;">
            <div>If the amount of fees charged is not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a
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          </td>
        </tr>

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    <div style="margin-bottom: 9pt;"><br>
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    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">SIGNATURES</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant certifies that it has reasonable grounds to believe that all the requirements for filing on
      Form F-6 are met and has duly caused this Post- Effective Amendment No. 1 to the Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on July 25,
      2023.</div>
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          <td style="width: 55.11%; vertical-align: top;" colspan="4">
            <div style="text-align: justify;">Legal entity created by the form of Deposit Agreement for the issuance of American Depositary Receipts for ordinary shares, par value US$0.00005 per share of Dunxin Financial Holdings Limited.</div>
          </td>
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          <td style="width: 44.89%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 55.11%; vertical-align: top;" colspan="4" rowspan="1">&#160;</td>
        </tr>
        <tr>
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          <td style="width: 55.11%; vertical-align: top;" colspan="4">Deutsche Bank Trust Company Americas, as Depositary</td>
        </tr>
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          <td style="width: 44.89%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 55.11%; vertical-align: top;" colspan="4" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
          <td style="width: 55.11%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
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          <td style="width: 6.34%; vertical-align: top;">
            <div style="text-align: justify;">By:</div>
          </td>
          <td style="width: 43.72%; vertical-align: top; border-bottom: #000000 1px solid;" colspan="2">/s/ Michael Tompkins<br>
          </td>
          <td style="width: 5.05%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
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          <td style="width: 9.4%; vertical-align: top;">
            <div style="text-align: justify;">Name:</div>
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          <td style="border-bottom: 1px solid #000000; vertical-align: top; width: 34.32%;">Michael Tompkins<br>
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        </tr>
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          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
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          <td style="width: 9.4%; vertical-align: top;">
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    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 24pt;">Pursuant to the requirements of the Securities Act of 1933, as amended, Dunxin Financial Holdings Limited certifies that it has reasonable grounds to believe that all the
      requirements for filing on Form F-6 are met and has duly caused this Post-Effective Amendment No. 1 to Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in Wuhan City, China, on July 25,
      2023.</div>
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          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
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    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">POWER OF ATTORNEY</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;"><font style="font-weight: bold;">KNOW ALL PERSONS BY THESE PRESENTS,</font> that each person whose signature appears below constitutes and appoints each of Yuan Gao and Xiang
      (Johnny) Zhou, his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any or all amendments (including
      post-effective amendments) to this registration statement and any and all related registration statements pursuant to Rule 462(b) of the Securities Act of 1933, as amended, and to file the same, with all exhibits thereto, and other documents in
      connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 24pt;">Under the requirements of the Securities Act of 1933, as amended, this Post-Effective Amendment No. 1 to the Registration Statement on Form F-6 has been signed by the following
      persons on July 25, 2023, in the capacities indicated.</div>
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          <td style="width: 29.12%; vertical-align: top;">
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          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
          <td style="width: 51.17%; vertical-align: top;">&#160;</td>
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          <td style="width: 37.74%; vertical-align: top;" colspan="2">&#160;</td>
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            <div style="text-align: justify;">Xiang (Johnny) Zhou</div>
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          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
          <td style="width: 51.17%; vertical-align: top;">&#160;</td>
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          <td style="width: 37.74%; vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
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          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
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          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
          <td style="width: 51.17%; vertical-align: top;">&#160;</td>
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          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
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            <div style="text-align: justify;">/s/ Lei Fu</div>
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          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
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            <div style="text-align: justify;">Director</div>
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          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
          <td style="width: 51.17%; vertical-align: top;">&#160;</td>
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          <td style="width: 37.74%; vertical-align: top;" colspan="2">&#160;</td>
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          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
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          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
          <td style="width: 51.17%; vertical-align: top;">&#160;</td>
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          <td style="width: 37.74%; vertical-align: top;" colspan="2">&#160;</td>
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            <div style="text-align: justify;">/s/ Qi Chen</div>
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          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
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            <div style="text-align: justify;">Qi Chen</div>
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          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
          <td style="width: 51.17%; vertical-align: top;">&#160;</td>
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          <td style="width: 37.74%; vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
          <td style="width: 51.17%; vertical-align: top;">&#160;</td>
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          <td style="width: 37.74%; vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 11.09%; vertical-align: top;">&#160;</td>
          <td style="width: 51.17%; vertical-align: top;">&#160;</td>
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    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">Pursuant to the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of Dunxin Financial Holdings Limited, has signed this
      Post-Effective Amendment No. 1 to the Registration Statement on Form F-6 in Newark, Delaware, United States of America on July 25, 2023.</div>
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            <div style="text-align: justify;">Puglisi &amp; Associates, as Authorized U.S. Representative</div>
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          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
          <td style="width: 55.11%; vertical-align: top;" colspan="4">&#160;</td>
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          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
          <td style="width: 55.11%; vertical-align: top;" colspan="4">&#160;</td>
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        <tr>
          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
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          <td style="width: 43.72%; vertical-align: top; border-bottom: #000000 1px solid;" colspan="2">
            <div style="text-align: justify;">/s/ Donald J. Puglisi</div>
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          <td style="width: 5.05%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
          <td style="width: 6.34%; vertical-align: top;">&#160;</td>
          <td style="width: 9.4%; vertical-align: top;">
            <div style="text-align: justify;">Name:</div>
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          <td style="border-bottom: 1px solid #000000; vertical-align: top; width: 34.32%;">
            <div style="text-align: justify;">Donald J. Puglisi on behalf of Puglisi &amp; Associates</div>
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          <td style="width: 5.05%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
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            <div style="text-align: justify;">Managing Director</div>
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          <td style="width: 5.05%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
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    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">Index to Exhibits</div>
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            <div style="text-align: justify; font-weight: bold;">Exhibit</div>
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            <div style="text-align: justify; font-weight: bold;">Document</div>
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            <div style="text-align: justify;">(a)(5)</div>
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            <div style="text-align: justify;">Amendment No. 4 to the Deposit Agreement</div>
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            <div style="text-align: justify;">(e)</div>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a_5_amendment_no_4.htm
<DESCRIPTION>(A)(5) AMENDMENT NO. 4 TO THE DEPOSIT AGREEMENT
<TEXT>
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  <div>
    <div style="text-align: center; margin-bottom: 9pt; font-size: 12pt; font-weight: bold;">AMENDMENT NO. 4 TO THE DEPOSIT AGREEMENT</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;"><font style="font-weight: bold;">THIS AMENDMENT NO.4</font> dated as of July 25, 2023 (the &#8220;<font style="font-weight: bold;">Effective Date</font>&#8221;) to the Deposit Agreement,
      dated as of November 22, 2010, as amended on November 25, 2014, December 15, 2017, and March 5, 2018 (the &#8220;<font style="font-weight: bold;">Deposit Agreement</font>&#8221;), by and among (i)&#160;Dunxin Financial Holdings Limited, a company incorporated under
      the laws of the Cayman Islands, with its principal executive office at 27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor, Lianfa International Building, 128 Xudong Road, Wuchang District, Wuhan City, Hubei Province 430063 (together with its successors, the &#8220;<font style="font-weight: bold;">Company</font>&#8221;), (ii)&#160;Deutsche Bank Trust Company Americas, an indirect wholly owned subsidiary of Deutsche Bank AG, acting in its capacity as depositary, with its principal office at 1 Columbus Circle, New York,
      NY&#160;10019, United States of America (the &#8220;<font style="font-weight: bold;">Depositary</font>&#8221; which term shall include any successor depositary hereunder), and (iii)&#160;all Holders and Beneficial Owners of American Depositary Shares evidenced by American
      Depositary Receipts issued hereunder (all such capitalized terms as hereinafter defined).</div>
    <div style="text-align: center; margin-bottom: 9pt; font-size: 12pt;"><u>W I T N E S S E T H:</u></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">WHEREAS, the Company and the Depositary executed the Deposit Agreement; and</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">WHEREAS, pursuant to Section 6.1 of the Deposit Agreement, the Company and the Depositary desire to amend certain terms of the Deposit Agreement and Receipts.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Depositary hereby agree to amend the Deposit
      Agreement and the Receipts, effective as of the Effective Date, as follows:</div>
    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">Article I<br>
      <br>
      <br>
      Definitions</div>
    <div style="text-align: justify; margin-bottom: 9pt;">
      <div style="text-indent: 36pt; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 1.01</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-weight: bold;"><u>Definitions</u></font>.&#160; Unless otherwise defined in this Amendment, all capitalized terms used,
        but not otherwise defined, herein shall have the meaning given to such terms in the Deposit Agreement.</div>
    </div>
    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">Article II<br>
      <br>
      <br>
      Amendments to the Deposit Agreement and Receipts</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 2.01</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;All references in the Deposit Agreement and the Receipts to the term &#8220;Deposit Agreement&#8221; shall refer to the Deposit
      Agreement, as amended by this Amendment.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 2.02</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The second sentence of Section 1.3 of the Deposit Agreement, and all corresponding references to the number of Shares
      represented by each ADS set forth in the form of Receipt and all outstanding Receipts, is amended by replacing &#8220;Each American Depositary Share shall represent the right to receive four Shares&#8221; with &#8220;Each American Depositary Share shall represent the
      right to receive 480 Shares&#8221;.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 2.03</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;All references in the Deposit Agreement and the Receipts to &#8220;60 Wall Street, New York, New York 10005, U.S.A&#8221; are
      amended to &#8220;1 Columbus Circle, New York, New York 10019, U.S.A.&#8221;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 2.04</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The form of Receipt and all outstanding Receipts (including, without limitation, the terms of each outstanding
      American Depositary Share) are amended and restated to read as set forth in Exhibit A hereto as of the Effective Date</div>
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    </div>
    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">Article III<br>
      <br>
      <br>
      Representations and Warranties</div>
    <div style="text-align: justify; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 3.01</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Representations and Warranties of the Company</u></font>.&#160; The Company represents and warrants to,
      and agrees with, the Depositary and the Holders and Beneficial Owners, that this Amendment, when executed and delivered by the Company, and assuming due execution and delivery by the Depositary, and the Deposit Agreement, as amended by this
      Amendment, will be, and the Deposit Agreement previously entered into has been, respectively, duly and validly authorized, executed and delivered by the Company, and each constitutes the legal, valid and binding obligation of the Company, enforceable
      against the Company in accordance with its respective terms, subject to applicable bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors&#8217; rights and to general equity
      principles.</div>
    <div style="text-align: justify; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 3.02</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Representations and Warranties of the Depositary</u></font>.&#160; The Depositary represents and warrants
      to the Company that this Amendment, when executed and delivered by Depositary, and assuming due execution and delivery by the Company, and the Deposit Agreement, as amended by this Amendment, will be, and the Deposit Agreement previously entered into
      has been, respectively, duly and validly authorized, executed and delivered by the Depositary, and each constitutes the legal, valid and binding obligation of the Depositary, enforceable against the Depositary in accordance with its respective terms,
      subject to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors&#8217; rights and to general equity principles.</div>
    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;">Article IV<br>
      <br>
      <br>
      Miscellaneous</div>
    <div style="text-align: justify; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 4.01</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Effective Date</u></font>.&#160; This Amendment is dated as of the Effective Date.&#160; Upon and after the
      Effective Date, each Holder shall be deemed, by continuing to hold Receipts, to have consented and agreed to this Amendment and to be subject to and bound by all of the terms and conditions of the Deposit Agreement, as amended by this Amendment. This
      Amendment is supplemental to the Deposit Agreement and shall be read and construed as one instrument together with the Deposit Agreement. Except as amended by this Amendment, the Deposit Agreement shall continue in full force and effect and all of
      the provisions thereof (as amended hereby) are hereby in all respects ratified and confirmed.</div>
    <div style="text-align: justify; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 4.02</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Outstanding Receipts</u></font>.&#160; Receipts issued prior to the date hereof, which do not reflect the
      changes to the form of Receipt effected hereby, do not need to be called in for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason under the Deposit Agreement, as amended by this
      Amendment.&#160; The Depositary is authorized and directed to take any and all actions deemed necessary to effect the foregoing.&#160; Holders and Beneficial Owners of American Depositary Shares issued and outstanding under the Deposit Agreement prior to the
      date hereof, shall in all respects, from and after the date hereof, be deemed Holders and Beneficial Owners of American Depositary Shares issued pursuant and be subject to all of the terms and conditions of the Deposit Agreement, as amended by this
      Amendment.</div>
    <div style="text-align: justify; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 4.03</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Indemnification</u></font>.&#160; The parties hereto accept and shall be entitled to the benefits of the
      indemnification provisions of Section 5.8 of the Deposit Agreement in connection with any and all liability it or they may incur as a result of the terms of this Amendment and the transactions contemplated herein.</div>
    <div style="text-align: justify; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 4.04</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Governing Law</u></font>.&#160; THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER
      SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.</div>
    <div style="text-align: justify; margin-bottom: 9pt;"><font style="font-weight: bold;">Section 4.05</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Counterparts</u></font>.&#160; This Amendment may be executed in any number of counterparts, all of which
      taken together shall constitute one and the same instrument.</div>
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    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;"><font style="font-weight: bold;">IN WITNESS WHEREOF</font>, the Company and the Depositary have caused this Amendment to be executed by representatives hereunto duly authorized as
      of the Effective Date.</div>
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        <tr>
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            <div style="text-align: justify; font-weight: bold;">Dunxin Financial Holdings Limited,</div>
          </td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">
            <div style="text-align: justify;">as the Company</div>
          </td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 6.42%; vertical-align: top;">
            <div style="text-align: justify;">By:</div>
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            <div style="text-align: justify;">&#160;/s/ Yuan Gao</div>
          </td>
          <td style="width: 5.06%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 6.42%; vertical-align: top;">&#160;</td>
          <td style="width: 9.47%; vertical-align: top;">
            <div style="text-align: justify;">Name:</div>
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          <td style="width: 34.24%; vertical-align: top;">
            <div style="text-align: justify;">Yuan Gao</div>
          </td>
          <td style="width: 5.06%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 6.42%; vertical-align: top;">&#160;</td>
          <td style="width: 9.47%; vertical-align: top;">
            <div style="text-align: justify;">Title:</div>
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          <td style="width: 34.24%; vertical-align: top;">
            <div style="text-align: justify;">Chariman and Chief Executive Officer</div>
          </td>
          <td style="width: 5.06%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">
            <div style="text-align: justify;"><font style="font-weight: bold;">DEUTSCHE BANK TRUST COMPANY AMERICAS</font>,</div>
          </td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">
            <div style="text-align: justify;">as the Depositary</div>
          </td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 6.42%; vertical-align: top;">
            <div style="text-align: justify;">By:</div>
          </td>
          <td style="width: 43.71%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);" colspan="2">/s/ Michael Tompkins<br>
          </td>
          <td style="width: 5.06%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 6.42%; vertical-align: top;">&#160;</td>
          <td style="width: 9.47%; vertical-align: top;">
            <div style="text-align: justify;">Name:</div>
          </td>
          <td style="width: 34.24%; vertical-align: top;">Michael Tompkins<br>
          </td>
          <td style="width: 5.06%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 6.42%; vertical-align: top;">&#160;</td>
          <td style="width: 9.47%; vertical-align: top;">
            <div style="text-align: justify;">Title:</div>
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          <td style="width: 34.24%; vertical-align: top;">Director<br>
          </td>
          <td style="width: 5.06%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 55.19%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 6.42%; vertical-align: top;">
            <div style="text-align: justify;">By:</div>
          </td>
          <td style="width: 43.71%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);" colspan="2">/s/ Kelvyn Correa<br>
          </td>
          <td style="width: 5.06%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 6.42%; vertical-align: top;">&#160;</td>
          <td style="width: 9.47%; vertical-align: top;">
            <div style="text-align: justify;">Name:</div>
          </td>
          <td style="width: 34.24%; vertical-align: top;">Kelvyn Correa<br>
          </td>
          <td style="width: 5.06%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.81%; vertical-align: top;">&#160;</td>
          <td style="width: 6.42%; vertical-align: top;">&#160;</td>
          <td style="width: 9.47%; vertical-align: top;">
            <div style="text-align: justify;">Title:</div>
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          <td style="width: 34.24%; vertical-align: top;">Director<br>
          </td>
          <td style="width: 5.06%; vertical-align: top;">&#160;</td>
        </tr>

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    <div style="text-align: right; margin-bottom: 9pt; font-weight: bold;">EXHIBIT A</div>
    <table cellspacing="0" cellpadding="0" id="z1c915a0e756e4a868efddf36d70b26e1" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="vertical-align: top; width: 70%;">&#160;</td>
          <td style="vertical-align: top; width: 30%;">
            <div style="text-align: center;">American Depositary<br>
              Shares (Each<br>
              American Depositary<br>
              Share representing four hundred and eighty (480)<br>
              Fully Paid Ordinary<br>
              Shares)</div>
          </td>
        </tr>

    </table>
    <div style="text-align: center; margin-bottom: 9pt; font-size: 12pt; font-weight: bold;">[FORM OF FACE OF RECEIPT]</div>
    <div style="text-align: center; margin-bottom: 9pt; font-size: 12pt;">AMERICAN DEPOSITARY RECEIPT</div>
    <div style="text-align: center; margin-bottom: 9pt; font-size: 12pt;">for</div>
    <div style="text-align: center; margin-bottom: 9pt; font-size: 12pt;">AMERICAN DEPOSITARY SHARES</div>
    <div style="text-align: center; margin-bottom: 9pt; font-size: 12pt;">representing</div>
    <div style="text-align: center; margin-bottom: 9pt; font-size: 12pt;">DEPOSITED ORDINARY SHARES</div>
    <div style="text-align: center; margin-bottom: 9pt; font-size: 12pt;">of</div>
    <div style="text-align: center; margin-bottom: 9pt; font-size: 12pt; font-weight: bold;">DUNXIN FINANCIAL HOLDINGS LIMITED</div>
    <div style="text-align: center; margin-bottom: 9pt; font-size: 12pt;">(Incorporated under the laws of the Cayman Islands)</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">DEUTSCHE BANK TRUST COMPANY AMERICAS, as depositary (herein called the &#8220;<font style="font-weight: bold;">Depositary</font>&#8221;), hereby certifies that ___________________ is the
      owner of ___________________ American Depositary Shares (hereinafter &#8220;<font style="font-weight: bold;">ADS</font>&#8221;), representing deposited ordinary shares, each of par value of $0.00005 including evidence of rights to receive such ordinary shares
      (the &#8220;<font style="font-weight: bold;">Shares</font>&#8221;) of Dunxin Financial Holdings Limited, a company incorporated under the laws of the Cayman Islands (the &#8220;<font style="font-weight: bold;">Company</font>&#8221;). As of the date of the Deposit Agreement
      (hereinafter referred to), each ADS represents four hundred and eighty (480) Shares deposited under the Deposit Agreement with the Custodian which at the date of execution of the Deposit Agreement is Deutsche Bank AG, Hong Kong Branch (the &#8220;<font style="font-weight: bold;">Custodian</font>&#8221;). The ratio of ADSs to Shares is subject to subsequent amendment as provided in Article IV of the Deposit Agreement. The Depositary&#8217;s Corporate Trust Office is located at 1 Columbus Circle, New York, New
      York 10019, U.S.A.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(1)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>The Deposit Agreement</u>. This American Depositary Receipt is one of an issue of American Depositary Receipts (&#8220;<font style="font-weight: bold;">Receipts</font>&#8221;),





      all issued or to be issued upon the terms and conditions set forth in the Deposit Agreement, dated as of November 22, 2010 (as amended from time to time, the &#8220;<font style="font-weight: bold;">Deposit Agreement</font>&#8221;), by and among the Company, the
      Depositary, and all Holders and Beneficial Owners from time to time of Receipts issued thereunder, each of whom by accepting a Receipt agrees to become a party thereto and becomes bound by all the terms and conditions thereof. The Deposit Agreement
      sets forth the rights and obligations of Holders and Beneficial Owners of Receipts and the rights and duties of the Depositary in respect of the Shares deposited thereunder and any and all other securities, property and cash from time to time,
      received in respect of such Shares and held thereunder (such Shares, other securities, property and cash are herein called &#8220;<font style="font-weight: bold;">Deposited Securities</font>&#8221;). Copies of the Deposit Agreement are on file at the Corporate
      Trust Office of the Depositary and the Custodian.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">Each owner and each Beneficial Owner, upon acceptance of any ADSs (or any interest therein) issued in accordance with the terms and conditions of the Deposit Agreement, shall be
      deemed for all purposes to (a) be a party to and bound by the terms of the Deposit Agreement and applicable ADR(s), and (b) appoint the Depositary its attorney-in-fact, with full power to delegate, to act on its behalf and to take any and all actions
      contemplated in the Deposit Agreement and the applicable ADR(s), to adopt any and all procedures necessary to comply with applicable law and to take such action as the Depositary in its sole discretion may deem necessary or appropriate to carry out
      the purposes of the Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">The statements made on the face and reverse of this Receipt are summaries of certain provisions of the Deposit Agreement and the Memorandum and Articles of Association (as in
      effect on the date of the Deposit Agreement) and are qualified by and subject to the detailed provisions of the Deposit Agreement, to which reference is hereby made. All capitalized terms used herein which are not otherwise defined herein shall have
      the meanings ascribed thereto in the Deposit Agreement. The Depositary makes no representation or warranty as to the validity or worth of the Deposited Securities. The Depositary has made arrangements for the acceptance of the American Depositary
      Shares into DTC. Each Beneficial Owner of American Depositary Shares held through DTC must rely on the procedures of DTC and the DTC Participants to exercise and be entitled to any rights attributable to such American Depositary Shares. The Receipt
      evidencing the American Depositary Shares held through DTC will be registered in the name of a nominee of DTC. So long as the American Depositary Shares are held through DTC or unless otherwise required by law, ownership of beneficial interests in
      the Receipt registered in the name of DTC (or its nominee) will be shown on, and transfers of such ownership will be effected only through, records maintained by (i) DTC (or its nominee), or DTC Participants (or their nominees).</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(2)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Surrender of Receipts and Withdrawal of Deposited Securities</u>. Upon surrender, at the Corporate Trust Office of the Depositary, of ADSs evidenced by this
      Receipt for the purpose of withdrawal of the Deposited Securities represented thereby, and upon payment of (i) the charges of the Depositary for the making of withdrawals and cancellation of Receipts (as set forth in Section 5.9 of the Deposit
      Agreement and Article (9) hereof) and (ii) all fees, taxes and/or governmental charges payable in connection with such surrender and withdrawal, and, subject to the terms and conditions of the Deposit Agreement, the Memorandum and Articles of
      Association, Section 7.10 of the Deposit Agreement, Article (22) hereof and the provisions of or governing the Deposited Securities and other applicable laws, the Holder of the American Depositary Shares evidenced hereby is entitled to delivery, to
      him or upon his order, of the Deposited Securities represented by the ADS so surrendered. Subject to the last sentence of this paragraph, such Deposited Securities may be delivered in certificated form or by electronic delivery. ADS may be
      surrendered for the purpose of withdrawing Deposited Securities by delivery of a Receipt evidencing such ADS (if held in registered form) or by book-entry delivery of such ADS to the Depositary.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">A Receipt surrendered for such purposes shall, if so required by the Depositary, be properly endorsed in blank or accompanied by proper instruments of transfer in blank, and if
      the Depositary so requires, the Holder thereof shall execute and deliver to the Depositary a written order directing the Depositary to cause the Deposited Securities being withdrawn to be delivered to or upon the written order of a person or persons
      designated in such order. Thereupon, the Depositary shall direct the Custodian to Deliver (without unreasonable delay) at the designated office of the Custodian (subject to the terms and conditions of the Deposit Agreement, to the Memorandum and
      Articles of Association, and to the provisions of or governing the Deposited Securities and applicable laws, now or hereafter in effect), to or upon the written order of the person or persons designated in the order delivered to the Depositary as
      provided above, the Deposited Securities represented by such ADSs, together with any certificate or other proper documents of or relating to title for the Deposited Securities or evidence of the electronic transfer thereof (if available) as the case
      may be to or for the account of such person. The Depositary may make delivery to such person or persons at the Corporate Trust Office of the Depositary of any dividends or distributions with respect to the Deposited Securities represented by such
      Receipt, or of any proceeds of sale of any dividends, distributions or rights, which may at the time be held by the Depositary.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">The Depositary may, in its discretion, refuse to accept for surrender a number of American Depositary Shares representing a number of Shares other than a whole number of Shares.
      In the case of surrender of a Receipt evidencing a number of ADSs representing other than a whole number of Shares, the Depositary shall cause ownership of the appropriate whole number of Shares to be delivered in accordance with the terms hereof,
      and shall, at the discretion of the Depositary, either (i) issue and deliver to the person surrendering such Receipt a new Receipt evidencing American Depositary Shares representing any remaining fractional Share, or (ii) sell or cause to be sold the
      fractional Shares represented by the Receipt so surrendered and remit the proceeds thereof (net of (a) applicable fees and charges of, and expenses incurred by, the Depositary and (b) taxes and/or governmental charges) to the person surrendering the
      Receipt. At the request, risk and expense of any Holder so surrendering a Receipt, and for the account of such Holder, the Depositary shall direct the Custodian to forward (to the extent permitted by law) any cash or other property (other than
      securities) held in respect of, and any certificate or certificates and other proper documents of or relating to title to, the Deposited Securities represented by such Receipt to the Depositary for delivery at the Corporate Trust Office of the
      Depositary, and for further delivery to such Holder. Such direction shall be given by letter or, at the request, risk and expense of such Holder, by cable, telex or facsimile transmission.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(3)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Transfers, Split-Ups and Combinations of Receipts</u>. Subject to the terms and conditions of the Deposit Agreement, the Registrar shall register transfers of
      Receipts on its books, upon surrender at the Corporate Trust Office of the Depositary of a Receipt by the Holder thereof in person or by duly authorized attorney, properly endorsed or accompanied by proper instruments of transfer (including signature
      guarantees in accordance with standard industry practice) and duly stamped as may be required by the laws of the State of New York and of the United States of America, of the Cayman Islands and of any other applicable jurisdiction. Subject to the
      terms and conditions of the Deposit Agreement, including payment of the applicable fees and expenses incurred by, and charges of, the Depositary, the Depositary shall execute and deliver a new Receipt(s) (and if necessary, cause the Registrar to
      countersign such Receipt(s)) and deliver same to or upon the order of the person entitled to such Receipts evidencing the same aggregate number of ADSs as those evidenced by the Receipts surrendered. Upon surrender of a Receipt or Receipts for the
      purpose of effecting a split-up or combination of such Receipt or Receipts upon payment of the applicable fees and charges of the Depositary, and subject to the terms and conditions of the Deposit Agreement, the Depositary shall execute and deliver a
      new Receipt or Receipts for any authorized number of ADSs requested, evidencing the same aggregate number of ADSs as the Receipt or Receipts surrendered.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(4)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Pre-Conditions to Re</u>g<u>istration, Transfer, Etc</u>. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination
      or surrender of any Receipt or withdrawal of any Deposited Securities, the Depositary or the Custodian may require (i) payment from the depositor of Shares or presenter of the Receipt of a sum sufficient to reimburse it for any tax or other
      governmental charge and any stock transfer or registration fee with respect thereto (including any such tax or charge and fee with respect to Shares being deposited or withdrawn) and payment of any applicable fees and charges of the Depositary as
      provided in the Deposit Agreement and in this Receipt, (ii) the production of proof satisfactory to it as to the identity and genuineness of any signature or any other matters and (iii) compliance with (A) any laws or governmental regulations
      relating to the execution and delivery of Receipts and ADSs or to the withdrawal of Deposited Securities and (B) such reasonable regulations of the Depositary or the Company consistent with the Deposit Agreement and applicable law.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">The issuance of ADSs against deposits of Shares generally or against deposits of particular Shares may be suspended, or the issuance of ADSs against the deposit of particular
      Shares may be withheld, or the registration of transfer of Receipts in particular instances may be refused, or the registration of transfer of Receipts generally may be suspended, during any period when the transfer books of the Depositary are closed
      or if any such action is deemed necessary or advisable by the Depositary or the Company, in good faith, at any time or from time to time because of any requirement of law, any government or governmental body or commission or any securities exchange
      upon which the Receipts or Share are listed, or under any provision of the Deposit Agreement or provisions of, or governing, the Deposited Securities or any meeting of shareholders of the Company or for any other reason, subject in all cases to
      Article (22) hereof. Notwithstanding any provision of the Deposit Agreement or this Receipt to the contrary, the Holders of Receipts are entitled to surrender outstanding ADSs to withdraw the Deposited Securities at any time subject only to (i)
      temporary delays caused by closing the transfer books of the Depositary or the Company or the deposit of Shares in connection with voting at a shareholders&#8217; meeting or the payment of dividends, (ii) the payment of fees, taxes and/or similar charges,
      (iii) compliance with any U.S. or foreign laws or governmental regulations relating to the Receipts or to the withdrawal of the Deposited Securities, and (iv) other circumstances specifically contemplated by Section I.A.(l) of the General
      Instructions to Form F-6 (as such General Instructions may be amended from time to time). Without limitation of the foregoing, the Depositary shall not knowingly accept for deposit under the Deposit Agreement any Shares or other Deposited Securities
      required to be registered under the provisions of the Securities Act, unless a registration statement is in effect as to such Shares.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(5)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Compliance With Information Requests</u>. Notwithstanding any other provision of the Deposit Agreement or this Receipt, each Holder and Beneficial Owner of the
      ADSs represented hereby agrees to comply with requests from the Company pursuant to the laws of the Cayman Islands, the rules and requirements of the New York Stock Exchange and any other stock exchange on which the Shares are, or will be registered,
      traded or listed, the Memorandum and Articles of Association, which are made to provide information as to the capacity in which such Holder or Beneficial Owner owns ADSs and regarding the identity of any other person interested in such ADSs and the
      nature of such interest and various other matters whether or not they are Holders and/or Beneficial Owner at the time of such request. The Depositary agrees to use reasonable efforts to forward any such requests to the Holders and to forward to the
      Company any such responses to such requests received by the Depositary.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(6)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Liability of Holder for Taxes, Duties and Other Charges</u>. If any tax or other governmental charge shall become payable by the Depositary or the
      Custodian with respect to any Receipt or any Deposited Securities or ADSs, such tax, or other governmental charge shall be payable by the Holders and Beneficial Owners to the Depositary. The Company, the Custodian and/or the Depositary may withhold
      or deduct from any distributions made in respect of Deposited Securities and may sell for the account of the Holder and/or Beneficial Owner any or all of the Deposited Securities and apply such distributions and sale proceeds in payment of such taxes
      (including applicable interest and penalties) or charges, with the Holder and the Beneficial Owner hereof remaining fully liable for any deficiency. The Custodian may refuse the deposit of Shares, and the Depositary may refuse to issue ADSs, to
      deliver Receipts, register the transfer, split-up or combination of ADRs and (subject to Article (22) hereof) the withdrawal of Deposited Securities, until payment in full of such tax, charge, penalty or interest is received. Every Holder and
      Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian and each of their respective agents, directors, employees and Affiliates for, and hold each of them harmless from, any claims with respect to taxes (including applicable
      interest and penalties thereon) arising from any tax benefit obtained for such Holder and/or Beneficial Owner.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">Holders understand that in converting Foreign Currency, amounts received on conversion are calculated at a rate which may exceed the number of decimal places used by the
      Depositary to report distribution rates (which in any case will not be less than two decimal places). Any excess amount may be retained by the Depositary as an additional cost of conversion, irrespective of any other fees and expenses payable or
      owing hereunder and shall not be subject to escheatment.</div>
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    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(7)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Representations and Warranties of Depositors</u>. Each person depositing Shares under the Deposit Agreement shall be deemed thereby to represent and warrant that
      (i) such Shares (and the certificates therefor) are duly authorized, validly issued, fully paid, non-assessable and were legally obtained by such person, (ii) all preemptive (and similar) rights, if any, with respect to such Shares, have been validly
      waived or exercised, (iii) the person making such deposit is duly authorized so to do, (iv) the Shares presented for deposit are free and clear of any lien, encumbrance, security interest, charge, mortgage or adverse claim, and are not, and the ADSs
      issuable upon such deposit will not be, Restricted Securities (except as contemplated by Section 2.11), (v) the Shares presented for deposit have not been stripped of any rights or entitlements and (vi) the Shares are not subject to any lock-up
      agreement with the Company or other party, or the Shares are subject to lock-up agreement but such lock-up agreement has terminated or the lock-up restrictions imposed thereunder has expired. Such representations and warranties shall survive the
      deposit and withdrawal of Shares and the issuance, cancellation and transfer of ADSs. If any such representations or warranties are false in any way, the Company and Depositary shall be authorized, at the cost and expense of the person depositing
      Shares, to take any and all actions necessary to correct the consequences thereof.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(8)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Filin</u>g <u>Proofs, Certificates and Other Information</u>. Any person presenting Shares for deposit, any Holder and any Beneficial Owner may be required, and
      every Holder and Beneficial Owner agrees, from time to time to provide to the Depositary such proof of citizenship or residence, taxpayer status, payment of all applicable taxes and/or other governmental charges, exchange control approval, legal or
      beneficial ownership of ADSs and Deposited Securities, compliance with applicable laws and the terms of the Deposit Agreement and the provisions of, or governing, the Deposited Securities or other information as the Depositary deems necessary or
      proper or as the Company may reasonably require by written request to the Depositary consistent with its obligations under the Deposit Agreement. Subject to Article (22) hereof and the terms of the Deposit Agreement, the Depositary and the Registrar,
      as applicable, may withhold the delivery or registration of transfer of any Receipt or the distribution or sale of any dividend or other distribution of rights or of the proceeds thereof or the delivery of any Deposited Securities until such proof or
      other information is filed, or such certifications are executed, or such representations and warranties made, or such information and documentation are provided.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(9)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Charges of Depositary</u>. The Depositary reserves the right to charge the following fees for the services performed under the terms of the Deposit Agreement,
      provided, however, that no fees shall be payable upon distribution of cash dividends so long as the charging of such fee is prohibited by the exchange, if any, upon which the ADSs are listed:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">
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              <div style="text-align: justify; text-indent: 36pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to any person to whom ADSs are issued or to any person to whom a distribution is made in respect of ADS distributions pursuant to stock dividends or other free distributions of
                stock, bonus distributions, stock splits or other distributions (except where converted to cash), a fee of up to U.S.$0.05 per ADS so issued under the terms of the Deposit Agreement to be determined by the Depositary;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.6%; vertical-align: top;">&#160;</td>
            <td style="width: 94.4%; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt;">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to any person surrendering ADSs for cancellation and withdrawal of Deposited Securities including, <font style="font-style: italic;">inter alia,</font> cash distributions
                made pursuant to a cancellation or withdrawal, a fee of up to U.S.$0.05 per ADS so surrendered;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.6%; vertical-align: top;">&#160;</td>
            <td style="width: 94.4%; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt;">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to any Holder of ADSs, a fee of up to U.S.$0.05 per ADS held for the distribution of cash proceeds, including cash dividends or sale of rights and other entitlements, not
                made pursuant to a cancellation or withdrawal;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.6%; vertical-align: top;">&#160;</td>
            <td style="width: 94.4%; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt;">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to any holder of ADSs, a fee of up to U.S.$0.05 per ADS issued upon the exercise of rights; and</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.6%; vertical-align: top;">&#160;</td>
            <td style="width: 94.4%; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt;">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;for the operation and maintenance costs in administering the ADSs an annual fee of up to U.S.$0.05 per ADS, such fee to be assessed against Holders of record as of the date or
                dates set by the Depositary as it sees fit and collected at the sole discretion of the Depositary by billing such Holders for such fee or by deducting such fee from one or more cash dividends or other cash distributions.</div>
            </td>
          </tr>

      </table>
      <div style="text-indent: 36pt; margin-bottom: 9pt;">In addition, Holders, Beneficial Owners, any depositor depositing Shares for deposit and any person surrendering ADSs for cancellation and withdrawal of Deposited Securities will be required to pay
        the following charges:</div>
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            <td style="width: 5.6%; vertical-align: top;">&#160;</td>
            <td style="width: 94.4%; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;taxes (including applicable interest and penalties) and other governmental charges;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.6%; vertical-align: top;">&#160;</td>
            <td style="width: 94.4%; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt;">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;such registration fees as may from time to time be in effect for the registration of Shares or other Deposited Securities with the Foreign Registrar and applicable to
                transfers of Shares or other Deposited Securities to or from the name of the Custodian, the Depositary or any nominees upon the making of deposits and withdrawals, respectively;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.6%; vertical-align: top;">&#160;</td>
            <td style="width: 94.4%; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt;">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;such cable, telex, facsimile and electronic transmission and delivery expenses as are expressly provided in the Deposit Agreement to be at the expense of the depositor
                depositing or person withdrawing Shares or Holders and Beneficial Owners of ADSs;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.6%; vertical-align: top;">&#160;</td>
            <td style="width: 94.4%; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt;">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the expenses and charges incurred by the Depositary in the conversion of Foreign Currency;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.6%; vertical-align: top;">&#160;</td>
            <td style="width: 94.4%; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt;">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;such fees and expenses as are incurred by the Depositary in connection with compliance with exchange control regulations and other regulatory requirements applicable to Shares,
                Deposited Securities, ADSs and ADRs;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.6%; vertical-align: top;">&#160;</td>
            <td style="width: 94.4%; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt;">(vi)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;the fees and expenses incurred by the Depositary in connection with the delivery of Deposited Securities, including any fees of a central depository for securities in the
                local market, where applicable;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.6%; vertical-align: top;">&#160;</td>
            <td style="width: 94.4%; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt;">(viii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;any additional fees, charges, costs or expenses that may be incurred by the Depositary from time to time.</div>
            </td>
          </tr>

      </table>
      <div style="text-indent: 36pt; margin-bottom: 9pt;">Any other fees and charges of, and expenses incurred by, the Depositary or the Custodian under the Deposit Agreement shall be for the account of the Company unless otherwise agreed in writing
        between the Company and the Depositary from time to time. All fees and charges may, at any time and from time to time, be changed by agreement between the Depositary and Company but, in the case of fees and charges payable by Holders or Beneficial
        Owners, only in the manner contemplated by Article (20) hereof.</div>
    </div>
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    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(10)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Title to Receipts</u>. It is a condition of this Receipt, and every successive Holder of this Receipt by accepting or holding the same consents and agrees, that
      title to this Receipt (and to each ADS evidenced hereby) is transferable by delivery of the Receipt, provided it has been properly endorsed or accompanied by proper instruments of transfer, such Receipt being a certificated security under the laws of
      the State of New York. Notwithstanding any notice to the contrary, the Depositary may deem and treat the Holder of this Receipt (that is, the person in whose name this Receipt is registered on the books of the Depositary) as the absolute owner hereof
      for all purposes. The Depositary shall have no obligation or be subject to any liability under the Deposit Agreement or this Receipt to any holder of this Receipt or any Beneficial Owner unless such holder is the Holder of this Receipt registered on
      the books of the Depositary or, in the case of a Beneficial Owner, such Beneficial Owner or the Beneficial Owner&#8217;s representative is the Holder registered on the books of the Depositary.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(11)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Validity of Receipt</u>. This Receipt shall not be entitled to any benefits under the Deposit Agreement or be valid or enforceable for any purpose, unless this
      Receipt has been (i) dated, (ii) signed by the manual or facsimile signature of a duly authorized signatory of the Depositary, (iii) if a Registrar for the Receipts shall have been appointed, countersigned by the manual or facsimile signature of a
      duly authorized signatory of the Registrar and (iv) registered in the books maintained by the Depositary or the Registrar, as applicable, for the issuance and transfer of Receipts. Receipts bearing the facsimile signature of a duly-authorized
      signatory of the Depositary or the Registrar, who at the time of signature was a duly-authorized signatory of the Depositary or the Registrar, as the case may be, shall bind the Depositary, notwithstanding the fact that such signatory has ceased to
      be so authorized prior to the execution and delivery of such Receipt by the Depositary or did not hold such office on the date of issuance of such Receipts.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(12)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Available Information; Reports; Inspection of Transfer Books</u>. The Company is subject to the periodic reporting requirements of the Exchange Act applicable to
      foreign private issuers (as defined in Rule 405 of the Securities Act) and accordingly files certain information with the Commission. These reports and documents can be inspected and copied at the public reference facilities maintained by the
      Commission located at 100 F Street, N.E., Washington D.C. 20549, U.S.A. The Depositary shall make available during normal business hours on any Business Day for inspection by Holders at its Corporate Trust Office any reports and communications,
      including any proxy soliciting materials, received from the Company which are both (a) received by the Depositary, the Custodian, or the nominee of either of them as the holder of the Deposited Securities and (b) made generally available to the
      holders of such Deposited Securities by the Company.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">The Depositary or the Registrar, as applicable, shall keep books for the registration of Receipts and transfers of Receipts which at all reasonable times shall be open for
      inspection by the Company and by the Holders of such Receipts, provided that such inspection shall not be, to the Depositary&#8217;s or the Registrar&#8217;s knowledge, for the purpose of communicating with Holders of such Receipts in the interest of a business
      or object other than the business of the Company or other than a matter related to the Deposit Agreement or the Receipts.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">The Depositary or the Registrar, as applicable, may close the transfer books with respect to the Receipts, at any time or from time to time, when deemed necessary or advisable by
      it in good faith in connection with the performance of its duties hereunder, or at the reasonable written request of the Company subject, in all cases, to Article (22) hereof.</div>
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            <div style="text-align: justify;">Dated:</div>
          </td>
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            <div style="text-align: justify; font-weight: bold;">DEUTSCHE BANK TRUST<br>
              COMPANY AMERICAS, as Depositary</div>
          </td>
        </tr>
        <tr>
          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
          <td style="width: 55.11%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
          <td style="width: 55.11%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
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            <div style="text-align: justify;">By:</div>
          </td>
          <td style="width: 43.72%; vertical-align: top; border-bottom: #000000 1px solid;" colspan="2">&#160;</td>
          <td style="width: 5.05%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
          <td style="width: 6.34%; vertical-align: top;">&#160;</td>
          <td style="width: 9.4%; vertical-align: top;">
            <div style="text-align: justify;">Name:</div>
          </td>
          <td style="border-bottom: 1px solid #000000; vertical-align: top; width: 34.32%;">&#160;</td>
          <td style="width: 5.05%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
          <td style="width: 6.34%; vertical-align: top;">&#160;</td>
          <td style="width: 9.4%; vertical-align: top;">
            <div style="text-align: justify;">Title:</div>
          </td>
          <td style="border-bottom: 1px solid #000000; vertical-align: top; width: 34.32%;">&#160;</td>
          <td style="width: 5.05%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
          <td style="width: 55.11%; vertical-align: top;" colspan="4">&#160;</td>
        </tr>

    </table>
    <div style="text-align: justify; margin-top: 12pt; margin-bottom: 9pt;">The address of the Corporate Trust Office of the Depositary is 1 Columbus Circle, New York, New York 10019, U.S.A.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div style="text-align: center; font-size: 12pt; font-weight: bold;">[FORM OF REVERSE OF RECEIPT]</div>
    <div style="text-align: center; margin-bottom: 9pt;">SUMMARY OF CERTAIN ADDITIONAL PROVISIONS<br>
      OF THE DEPOSIT AGREEMENT</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(13)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Dividends and Distributions in Cash, Shares, etc.</u> Whenever the Depositary receives confirmation from the Custodian of receipt of any cash dividend or other
      cash distribution on any Deposited Securities, or receives proceeds from the sale of any Shares, rights securities or other entitlements under the Deposit Agreement, the Depositary will, if at the time of receipt thereof any amounts received in a
      Foreign Currency can, in the judgment of the Depositary (upon the terms of the Deposit Agreement), be converted on a practicable basis, into Dollars transferable to the United States, promptly convert or cause to be converted such dividend,
      distribution or proceeds into Dollars and will distribute promptly the amount thus received (net of applicable fees and charges of, and expenses incurred by, the Depositary and taxes and/or governmental charges) to the Holders of record as of the ADS
      Record Date in proportion to the number of ADS representing such Deposited Securities held by such Holders respectively as of the ADS Record Date. The Depositary shall distribute only such amount, however, as can be distributed without attributing to
      any Holder a fraction of one cent. Any such fractional amounts shall be rounded to the nearest whole cent and so distributed to Holders entitled thereto. If the Company, the Custodian or the Depositary is required to withhold and does withhold from
      any cash dividend or other cash distribution in respect of any Deposited Securities an amount on account of taxes, duties or other governmental charges, the amount distributed to Holders on the ADSs representing such Deposited Securities shall be
      reduced accordingly. Such withheld amounts shall be forwarded by the Company, the Custodian or the Depositary to the relevant governmental authority. Any Foreign Currency received by the Depositary shall be converted upon the terms and conditions set
      forth in the Deposit Agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">If any distribution upon any Deposited Securities consists of a dividend in, or free distribution of, Shares, the Company shall cause such Shares to be deposited with the
      Custodian and registered, as the case may be, in the name of the Depositary, the Custodian or their nominees. Upon receipt of confirmation of such deposit, the Depositary shall, subject to and in accordance with the Deposit Agreement, establish the
      ADS Record Date and either (i) distribute to the Holders as of the ADS Record Date in proportion to the number of ADSs held as of the ADS Record Date, additional ADSs, which represent in aggregate the number of Shares received as such dividend, or
      free distribution, subject to the terms of the Deposit Agreement (including, without limitation, the applicable fees and charges of, and expenses incurred by, the Depositary, and taxes and/or governmental charges), or (ii) if additional ADSs are not
      so distributed, each ADS issued and outstanding after the ADS Record Date shall, to the extent permissible by law, thenceforth also represent rights and interests in the additional Shares distributed upon the Deposited Securities represented thereby
      (net of the applicable fees and charges of, and the expenses incurred by, the Depositary, and taxes and/or governmental charges). In lieu of delivering fractional ADSs, the Depositary shall sell the number of Shares represented by the aggregate of
      such fractions and distribute the proceeds upon the terms set forth in the Deposit Agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">In the event that (x) the Depositary determines that any distribution in property (including Shares) is subject to any tax or other governmental charges which the Depositary is
      obligated to withhold, or, (y) if the Company, in the fulfillment of its obligations under the Deposit Agreement, has either (a) furnished an opinion of U.S. counsel determining that Shares must be registered under the Securities Act or other laws in
      order to be distributed to Holders (and no such registration statement has been declared effective), or (b) fails to timely deliver the documentation contemplated in the Deposit Agreement, the Depositary may dispose of all or a portion of such
      property (including Shares and rights to subscribe therefor) in such amounts and in such manner, including by public or private sale, as the Depositary deems necessary and practicable, and the Depositary shall distribute the net proceeds of any such
      sale (after deduction of taxes and/or governmental charges, and fees and charges of, and expenses incurred by, the Depositary) to Holders entitled thereto upon the terms of the Deposit Agreement. The Depositary shall hold and/or distribute any unsold
      balance of such property in accordance with the provisions of the Deposit Agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">Upon timely receipt of a notice indicating that the Company wishes an elective distribution to be made available to Holders upon the terms described in the Deposit Agreement, the
      Depositary shall, upon provision of all documentation required under the Deposit Agreement, (including, without limitation, any legal opinions the Depositary may request under the Deposit Agreement) determine whether such distribution is lawful and
      reasonably practicable. If so, the Depositary shall, subject to the terms and conditions of the Deposit Agreement, establish an ADS Record Date according to Article (14) hereof and establish procedures to enable the Holder hereof to elect to receive
      the proposed distribution in cash or in additional ADSs. If a Holder elects to receive the distribution in cash, the dividend shall be distributed as in the case of a distribution in cash. If the Holder hereof elects to receive the distribution in
      additional ADSs, the distribution shall be distributed as in the case of a distribution in Shares upon the terms described in the Deposit Agreement. If such elective distribution is not lawful or reasonably practicable or if the Depositary did not
      receive satisfactory documentation set forth in the Deposit Agreement, the Depositary shall, to the extent permitted by law, distribute to Holders, on the basis of the same determination as is made in the Cayman Islands, in respect of the Shares for
      which no election is made, either (x) cash or (y) additional ADSs representing such additional Shares, in each case, upon the terms described in the Deposit Agreement. Nothing herein shall obligate the Depositary to make available to the Holder
      hereof a method to receive the elective distribution in Shares (rather than ADSs). There can be no assurance that the Holder hereof will be given the opportunity to receive elective distributions on the same terms and conditions as the holders of
      Shares.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">Upon receipt by the Depositary of a notice indicating that the Company wishes rights to subscribe for additional Shares to be made available to Holders of ADSs, the Company shall
      determine whether it is lawful and reasonably practicable to make such rights available to the Holders. The Depositary shall make such rights available to any Holders only if the Company shall have timely requested that such rights be made available
      to Holders, the Depositary shall have received the documentation required by the Deposit Agreement, and the Depositary shall have determined that such distribution of rights is lawful and reasonably practicable. If such conditions are not satisfied,
      the Depositary shall sell the rights as described below. In the event all conditions set forth above are satisfied, the Depositary shall establish an ADS Record Date and establish procedures (x) to distribute such rights (by means of warrants or
      otherwise) and (y) to enable the Holders to exercise the rights (upon payment of the applicable fees and charges of, and expenses incurred by, the Depositary and taxes and/or governmental charges). Nothing herein or in the Deposit Agreement shall
      obligate the Depositary to make available to the Holders a method to exercise such rights to subscribe for Shares (rather than ADSs). If (i) the Company does not timely request the Depositary to make the rights available to Holders or if the Company
      requests that the rights not be made available to Holders, (ii) the Depositary fails to receive the documentation required by the Deposit Agreement or determines it is not lawful or reasonably practicable to make the rights available to Holders, or
      (iii) any rights made available are not exercised and appear to be about to lapse, the Depositary shall determine whether it is lawful and reasonably practicable to sell such rights, in a riskless principal capacity or otherwise, at such place and
      upon such terms (including public and/or private sale) as it may deem proper. The Depositary shall, upon such sale, convert and distribute proceeds of such sale (net of applicable fees and charges of, and expenses incurred by, the Depositary and
      taxes and/or governmental charges) upon the terms hereof and in the Deposit Agreement. If the Depositary is unable to make any rights available to Holders or to arrange for the sale of the rights upon the terms described above, the Depositary shall
      allow such rights to lapse. The Depositary shall not be responsible for (i) any failure to determine that it may be lawful or practicable to make such rights available to Holders in general or any Holders in particular, (ii) any foreign exchange
      exposure or loss incurred in connection with such sale, or exercise, or (iii) the content of any materials forwarded to the Holders on behalf of the Company in connection with the rights distribution.</div>
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    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">Notwithstanding anything herein to the contrary, if registration (under the Securities Act and/or any other applicable law) of the rights or the securities to which any rights
      relate may be required in order for the Company to offer such rights or such securities to Holders and to sell the securities represented by such rights, the Depositary will not distribute such rights to the Holders (i) unless and until a
      registration statement under the Securities Act covering such offering is in effect or (ii) unless the Company furnishes to the Depositary opinion(s) of counsel for the Company in the United States and counsel to the Company in any other applicable
      country in which rights would be distributed, in each case satisfactorily to the Depositary, to the effect that the offering and sale of such securities to Holders and Beneficial Owners are exempt from, or do not require registration under, the
      provisions of the Securities Act or any other applicable laws. In the event that the Company, the Depositary or the Custodian shall be required to withhold and does withhold from any distribution of property (including rights) an amount on account of
      taxes and/or other governmental charges, the amount distributed to the Holders shall be reduced accordingly. In the event that the Depositary determines that any distribution in property (including Shares and rights to subscribe therefor) is subject
      to any tax or other governmental charges which the Depositary is obligated to withhold, the Depositary may dispose of all or a portion of such property (including Shares and rights to subscribe therefor) in such amounts and in such manner, including
      by public or private sale, as the Depositary deems necessary and practicable to pay any such taxes and/or charges.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">There can be no assurance that Holders generally, or any Holder in particular, will be given the opportunity to exercise rights on the same terms and conditions as the holders of
      Shares or to exercise such rights. Nothing herein shall obligate the Company to file any registration statement in respect of any rights or Shares or other securities to be acquired upon the exercise of such rights or otherwise to register or qualify
      the offer or sale of such rights or securities under the applicable law of any other jurisdiction for any purpose.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">Upon receipt of a notice regarding property other than cash, Shares or rights to purchase additional Shares, to be made to Holders of ADSs, the Depositary shall determine, after
      consultation with the Company, whether such distribution to Holders is lawful and reasonably practicable. The Depositary shall not make such distribution unless (i) the Company shall have timely requested the Depositary to make such distribution to
      Holders, (ii) the Depositary shall have received the documentation required by the Deposit Agreement, and (iii) the Depositary shall have determined that such distribution is lawful and reasonably practicable. Upon satisfaction of such conditions,
      the Depositary shall distribute the property so received to the Holders of record as of the ADS Record Date, in proportion to the number of ADSs held by such Holders respectively and in such manner as the Depositary may deem practicable for
      accomplishing such distribution (i) upon receipt of payment or net of the applicable fees and charges of, and expenses incurred by, the Depositary, and (ii) net of any taxes and/or governmental charges. The Depositary may dispose of all or a portion
      of the property so distributed and deposited, in such amounts and in such manner (including public or private sale) as the Depositary may deem practicable or necessary to satisfy any taxes (including applicable interest and penalties) or other
      governmental charges applicable to the distribution.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">If the conditions above are not satisfied, the Depositary shall sell or cause such property to be sold in a public or private sale, at such place or places and upon such terms as
      it may deem proper and shall distribute the proceeds of such sale received by the Depositary (net of (a) applicable fees and charges of, and expenses incurred by, the Depositary and (b) taxes and/or governmental charges) to the Holders upon the terms
      hereof and of the Deposit Agreement. If the Depositary is unable to sell such property, the Depositary may dispose of such property in any way it deems reasonably practicable under the circumstances.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(14)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Fixing of Record Date</u>. Whenever necessary in connection with any distribution (whether in cash, shares, rights or other distribution), or whenever for any
      reason the Depositary causes a change in the number of Shares that are represented by each ADS, or whenever the Depositary shall receive notice of any meeting of or solicitation of holders of Shares or other Deposited Securities, or whenever the
      Depositary shall find it necessary or convenient in connection with the giving of any notice, or any other matter, the Depositary shall fix a record date (&#8220;ADS Record Date&#8221;), as close as practicable to the record date fixed by the Company with
      respect to the Shares (if applicable), for the determination of the Holders who shall be entitled to receive such distribution, to give instructions for the exercise of voting rights at any such meeting, or to give or withhold such consent, or to
      receive such notice or solicitation or to otherwise take action, or to exercise the rights of Holders with respect to such changed number of Shares represented by each ADS or for any other reason. Subject to applicable law and the terms and
      conditions of this Receipt and the Deposit Agreement, only the Holders of record at the close of business in New York on such ADS Record Date shall be entitled to receive such distributions, to give such voting instructions, to receive such notice or
      solicitation, or otherwise take action.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(15)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Voting of Deposited Securities</u>. Subject to the next sentence, as soon as practicable after receipt of notice of any meeting at which the holders of Shares or
      other Deposited Securities are entitled to vote, or of solicitation of consents or proxies from holders of Shares or other Deposited Securities, the Depositary shall fix the ADS Record Date in respect of such meeting or solicitation of consent or
      proxy. The Depositary shall, if requested by the Company in writing in a timely manner (the Depositary having no obligation to take any further action if the request shall not have been received by the Depositary at least 21 Business Days prior to
      the date of such vote or meeting) and at the Company&#8217;s expense, unless otherwise agreed in writing by the Company and the Depositary, and provided no U.S. legal prohibitions exist, mail by regular, ordinary mail delivery, or by electronic
      transmission, or otherwise distribute as soon as practicable after receipt thereof to Holders as of the ADS Record Date: (a) such notice of meeting or solicitation of consent or proxy; (b) a statement that the Holders at the close of business on the
      ADS Record Date will be entitled, subject to any applicable law, the Memorandum and Articles of Association and the provisions of or governing the Deposited Securities (which provisions, if any, shall be summarized in pertinent part by the Company),
      to instruct the Depositary as to the exercise of the voting rights, if any, pertaining to the Shares or other Deposited Securities represented by such Holder&#8217;s American Depositary Shares; and (c) a brief statement as to the manner in which such
      instructions may be given to the Depositary or in which voting instructions may be deemed to have been given in accordance with Section 4.8 of the Deposit Agreement, including an express indication that instructions may be given (or be deemed given
      in accordance with the last paragraph of this section if no instruction is received) to the Depositary to give a discretionary proxy to a person or persons designated by the Company. Voting instructions may be given only in respect of a number of
      American Depositary Shares representing an integral number of Shares or other Deposited Securities. Upon the timely receipt of written instructions of a Holder of American Depositary Shares on the ADS Record Date of voting instructions in the manner
      specified by the Depositary, the Depositary shall endeavor, insofar as practicable and permitted under applicable law, the provisions of this Deposit Agreement, the Memorandum and Articles of Association and the provisions of or governing the
      Deposited Securities, to vote or cause the Custodian to vote the Shares and/or other Deposited Securities (in person or by proxy) represented by American Depositary Shares evidenced by such Receipt in accordance with such voting instructions.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">In the event that the Depositary (i) timely receives voting instructions from a Holder which fail to specify the manner in which the Depositary is to vote the Deposited Securities
      represented by such Holder&#8217;s ADSs or (ii) if no instructions are received by the Depositary from a Holder with respect to any of the Deposited Securities represented by the ADSs evidenced by such Holder&#8217;s ADRs on or before the ADS Record Date
      established by the Depositary for such purpose, the Depositary shall (unless otherwise specified in the notice distributed to Holders) deem such Holder to have instructed the Depositary to give a discretionary proxy to a person designated by the
      Company with respect to such Deposited Securities and the Depositary shall give a discretionary proxy to a person designated by the Company to vote such Deposited Securities, provided, however, that no such instruction shall be deemed given and no
      such discretionary proxy shall be given with respect to any matter as to which the Company informs the Depositary (and the Company agrees to provide such information as promptly as practicable in writing, if applicable) that (x) the Company does not
      wish to give such proxy, (y) the Company is aware or should reasonably be aware that substantial opposition exists from Holders against the outcome for which the person designated by the Company would otherwise vote or (z) the outcome for which the
      person designated by the Company would otherwise vote would materially and adversely affect the rights of holders of Shares, provided, further, that the Company will have no liability to any Holder or Beneficial Owner resulting from such
      notification.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">In the event that voting on any resolution or matter is conducted on a show of hands basis in accordance with the Memorandum and Articles of Association, the Depositary will
      refrain from voting and the voting instructions (or the deemed voting instructions, as set out above) received by the Depositary from Holders shall lapse. The Depositary will have no obligation to demand voting on a poll basis with respect to any
      resolution and shall have no liability to any Holder or Beneficial Owner for not having demanded voting on a poll basis.</div>
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    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">Neither the Depositary nor the Custodian shall, under any circumstances exercise any discretion as to voting, and neither the Depositary nor the Custodian shall vote, attempt to
      exercise the right to vote, or in any way make use of for purposes of establishing a quorum or otherwise, the Shares or other Deposited Securities represented by ADSs except pursuant to and in accordance with such written instructions from Holders,
      including the deemed instruction to the Depositary to give a discretionary proxy to a person designated by the Company. Shares or other Deposited Securities represented by ADSs for which (i) no timely voting instructions are received by the
      Depositary from the Holder, or (ii) timely voting instructions are received by the Depositary from the Holder but such voting instructions fail to specify the manner in which the Depositary is to vote the Deposited Securities represented by such
      Holder&#8217;s ADSs, shall be voted in the manner provided in Section 4.8 of the Deposit Agreement. Notwithstanding anything else contained herein, and subject to applicable law, regulation and the Memorandum and Articles of Association, the Depositary
      shall, if so requested in writing by the Company, represent all Deposited Securities (whether or not voting instructions have been received in respect of such Deposited Securities from Holders as of the ADS Record Date) for the purpose of
      establishing quorum at a meeting of shareholders.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">There can be no assurance that Holders or Beneficial Owners generally or any Holder or Beneficial Owner in particular will receive the notice described above with sufficient time
      to enable the Holder to return voting instructions to the Depositary in a timely manner.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">Notwithstanding the above, save for applicable provisions of the law of the Cayman Islands, and in accordance with the terms of Section 5.3 of the Deposit Agreement, the
      Depositary shall not be liable for any failure to carry out any instructions to vote any of the Deposited Securities or the manner in which such vote is cast or the effect of such vote.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(16)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Chan</u>g<u>es Affectin</u>g <u>Deposited Securities</u>. Upon any change in par value, split-up, subdivision, cancellation, consolidation or any other
      reclassification of Deposited Securities, or upon any recapitalization, reorganization, merger, amalgamation or consolidation or sale of assets affecting the Company or to which it otherwise is a party, any securities which shall be received by the
      Depositary or a Custodian in exchange for, or in conversion of or replacement or otherwise in respect of, such Deposited Securities shall, to the extent permitted by law, be treated as new Deposited Securities under the Deposit Agreement, and the
      Receipts shall, subject to the provisions of the Deposit Agreement and applicable law, evidence ADSs representing the right to receive such additional securities. Alternatively, the Depositary may, with the Company&#8217;s approval, and shall, if the
      Company shall so request, subject to the terms of the Deposit Agreement and receipt of satisfactory documentation contemplated by the Deposit Agreement, execute and deliver additional Receipts as in the case of a stock dividend on the Shares, or call
      for the surrender of outstanding Receipts to be exchanged for new Receipts, in either case, as well as in the event of newly deposited Shares, with necessary modifications to this form of Receipt specifically describing such new Deposited Securities
      and/or corporate change. Notwithstanding the foregoing, in the event that any security so received may not be lawfully distributed to some or all Holders, the Depositary may, with the Company&#8217;s approval, and shall if the Company requests, subject to
      receipt of satisfactory legal documentation contemplated in the Deposit Agreement, sell such securities at public or private sale, at such place or places and upon such terms as it may deem proper and may allocate the net proceeds of such sales (net
      of fees and charges of, and expenses incurred by, the Depositary and taxes and/or governmental charges) for the account of the Holders otherwise entitled to such securities and distribute the net proceeds so allocated to the extent practicable as in
      the case of a distribution received in cash pursuant to the Deposit Agreement. The Depositary shall not be responsible for (i) any failure to determine that it may be lawful or feasible to make such securities available to Holders in general or any
      Holder in particular, (ii) any foreign exchange exposure or loss incurred in connection with such sale, or (iii) any liability to the purchaser of such securities.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(17)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Exoneration</u>. Neither the Depositary, the Custodian or the Company shall be obligated to do or perform any act which is inconsistent with the provisions of the
      Deposit Agreement or shall incur any liability (i) if the Depositary, the Custodian or the Company or their respective controlling persons or agents shall be prevented or forbidden from, or subjected to any civil or criminal penalty or restraint on
      account of, or delayed in, doing or performing any act or thing required by the terms of the Deposit Agreement and this Receipt, by reason of any provision of any present or future law or regulation of the United States<font style="font-weight: bold;">, </font>the Cayman Islands or any other country, or of any other governmental authority or regulatory authority or stock exchange, or by reason of any provision, present or future of the Memorandum and Articles of Association or any
      provision of or governing any Deposited Securities, or by reason of any act of God or war or other circumstances beyond its control, (including, without limitation, nationalization, expropriation, currency restrictions, work stoppage, strikes, civil
      unrest, revolutions, rebellions, explosions and computer failure), (ii) by reason of any exercise of, or failure to exercise, any discretion provided for in the Deposit Agreement or in the Memorandum and Articles of Association or provisions of or
      governing Deposited Securities, (iii) for any action or inaction of the Depositary, the Custodian or the Company or their respective controlling persons or agents in reliance upon the advice of or information from legal counsel, accountants, any
      person presenting Shares for deposit, any Holder, any Beneficial Owner or authorized representative thereof, or any other person believed by it in good faith to be competent to give such advice or information, (iv) for any inability by a Holder or
      Beneficial Owner to benefit from any distribution, offering, right or other benefit which is made available to holders of Deposited Securities but is not, under the terms of the Deposit Agreement, made available to Holders of ADS or (v) for any
      consequential or punitive damages for any breach of the terms of the Deposit Agreement. The Depositary, its controlling persons, its agents, any Custodian and the Company, its controlling persons and its agents may rely and shall be protected in
      acting upon any written notice, request, opinion or other document believed by it to be genuine and to have been signed or presented by the proper party or parties. No disclaimer of liability under the Securities Act is intended by any provision of
      the Deposit Agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(18)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Standard of Care</u>. The Company and the Depositary and their respective directors, officers, affiliates, employees and agents assume no obligation and shall not
      be subject to any liability under the Deposit Agreement or the Receipts to Holders or Beneficial Owners or other persons, except in accordance with Section 5.8 of the Deposit Agreement, provided, that the Company and the Depositary and their
      respective directors, officers, affiliates, employees and agents agree to perform their respective obligations specifically set forth in the Deposit Agreement without gross negligence, willful misconduct, or bad faith. The Depositary and its
      directors, officers, affiliates, employees and agents shall not be liable for any failure to carry out any instructions to vote any of the Deposited Securities, or for the manner in which any vote is cast or the effect of any vote, provided that any
      such action or omission is in good faith and in accordance with the terms of the Deposit Agreement. The Depositary shall not incur any liability for any failure to determine that any distribution or action may be lawful or reasonably practicable, for
      the content of any information submitted to it by the Company for distribution to the Holders or for any inaccuracy of any translation thereof, for any investment risk associated with acquiring an interest in the Deposited Securities, for the
      validity or worth of the Deposited Securities or for any tax consequences that may result from the ownership of ADSs, Shares or Deposited Securities, for the credit-worthiness of any third party, for allowing any rights to lapse upon the terms of the
      Deposit Agreement or for the failure or timeliness of any notice from the Company. In no event shall the Depositary or any of its Agents be liable for any indirect, special, punitive or consequential damage.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(19)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Resi</u>g<u>nation and Removal of the Depositary; Appointment of Successor Depositary</u>. The Depositary may at any time resign as Depositary under the Deposit
      Agreement by written notice of resignation delivered to the Company, such resignation to be effective on the earlier of (i) the 90th day after delivery thereof to the Company, or (ii) upon the appointment of a successor depositary and its acceptance
      of such appointment as provided in the Deposit Agreement, save that, any amounts, fees, costs or expenses owed to the Depositary under the Deposit Agreement or in accordance with any other agreements otherwise agreed in writing between the Company
      and the Depositary from time to time shall be paid to the Depositary prior to such resignation. The Company shall use reasonable efforts to appoint such successor depositary, and give notice to the Depositary of such appointment, not more than 90
      days after delivery by the Depositary of written notice of resignation as provided in the Deposit Agreement. The Depositary may at any time be removed by the Company by written notice of such removal which notice shall be effective on the earlier of
      (i) the 90th day after delivery thereof to the Depositary, or (ii) upon the appointment of a successor depositary and its acceptance of such appointment as provided in the Deposit Agreement save that, any amounts, fees, costs or expenses owed to the
      Depositary under the Deposit Agreement or in accordance with any other agreements otherwise agreed in writing between the Company and the Depositary from time to time shall be paid to the Depositary prior to such removal. In case at any time the
      Depositary acting hereunder shall resign or be removed, the Company shall use its best efforts to appoint a successor depositary which shall be a bank or trust company having an office in the Borough of Manhattan, the City of New York. Every
      successor depositary shall execute and deliver to its predecessor and to the Company an instrument in writing accepting its appointment hereunder, and thereupon such successor depositary, without any further act or deed, shall become fully vested
      with all the rights, powers, duties and obligations of its predecessor. The predecessor depositary, upon payment of all sums due it and on the written request of the Company, shall (i) execute and deliver an instrument transferring to such successor
      all rights and powers of such predecessor hereunder (other than as contemplated in the Deposit Agreement), (ii) duly assign, transfer and deliver all right, title and interest to the Deposited Securities to such successor, and (iii) deliver to such
      successor a list of the Holders of all outstanding Receipts and such other information relating to Receipts and Holders thereof as the successor may reasonably request. Any such successor depositary shall promptly mail notice of its appointment to
      such Holders. Any corporation into or with which the Depositary may be merged or consolidated shall be the successor of the Depositary without the execution or filing of any document or any further act.</div>
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    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(20)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Amendment/Supplement</u>. Subject to the terms and conditions of this Article (20), and applicable law, this Receipt and any provisions of the Deposit Agreement
      may at any time and from time to time be amended or supplemented by written agreement between the Company and the Depositary in any respect which they may deem necessary or desirable without the consent of the Holders or Beneficial Owners. Any
      amendment or supplement which shall impose or increase any fees or charges (other than the charges of the Depositary in connection with foreign exchange control regulations, and taxes and/or other governmental charges, delivery and other such
      expenses), or which shall otherwise materially prejudice any substantial existing right of Holders or Beneficial Owners, shall not, however, become effective as to outstanding Receipts until 30 days after notice of such amendment or supplement shall
      have been given to the Holders of outstanding Receipts. Notice of any amendment to the Deposit Agreement or form of Receipts shall not need to describe in detail the specific amendments effectuated thereby, and failure to describe the specific
      amendments in any such notice shall not render such notice invalid, provided, however, that, in each such case, the notice given to the Holders identifies a means for Holders and Beneficial Owners to retrieve or receive the text of such amendment
      (i.e., upon retrieval from the Commission&#8217;s, the Depositary&#8217;s or the Company&#8217;s website or upon request from the Depositary). The parties hereto agree that any amendments or supplements which (i) are reasonably necessary (as agreed by the Company and
      the Depositary) in order for (a) the ADSs to be registered on Form F-6 under the Securities Act or (b) the ADSs or Shares to be traded solely in electronic book-entry form and (ii) do not in either such case impose or increase any fees or charges to
      be borne by Holders, shall be deemed not to materially prejudice any substantial rights of Holders or Beneficial Owners. Every Holder and Beneficial Owner at the time any amendment or supplement so becomes effective shall be deemed, by continuing to
      hold such ADS, to consent and agree to such amendment or supplement and to be bound by the Deposit Agreement as amended or supplemented thereby. In no event shall any amendment or supplement impair the right of the Holder to surrender such Receipt
      and receive therefor the Deposited Securities represented thereby, except in order to comply with mandatory provisions of applicable law. Notwithstanding the foregoing, if any governmental body should adopt new laws, rules or regulations which would
      require amendment or supplement of the Deposit Agreement to ensure compliance therewith, the Company and the Depositary may amend or supplement the Deposit Agreement and the Receipt at any time in accordance with such changed laws, rules or
      regulations. Such amendment or supplement to the Deposit Agreement in such circumstances may become effective before a notice of such amendment or supplement is given to Holders or within any other period of time as required for compliance with such
      laws, or rules or regulations.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(21)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Termination</u>. The Depositary shall, at any time at the written direction of the Company, terminate the Deposit Agreement by mailing notice of such termination
      to the Holders of all Receipts then outstanding at least 60 days prior to the date fixed in such notice for such termination provided that, the Depositary shall be reimbursed for any amounts, fees, costs or expenses owed to it in accordance with the
      terms of the Deposit Agreement and in accordance with any other agreements as otherwise agreed in writing between the Company and the Depositary from time to time, prior to such termination shall take effect. If 90 days shall have expired after (i)
      the Depositary shall have delivered to the Company a written notice of its election to resign, or (ii) the Company shall have delivered to the Depositary a written notice of the removal of the Depositary, and in either case a successor depositary
      shall not have been appointed and accepted its appointment as provided herein and in the Deposit Agreement, the Depositary may terminate the Deposit Agreement by mailing notice of such termination to the Holders of all Receipts then outstanding at
      least 30 days prior to the date fixed for such termination. On and after the date of termination of the Deposit Agreement, the Holder will, upon surrender of such Holder&#8217;s Receipt at the Corporate Trust Office of the Depositary, upon the payment of
      the charges of the Depositary for the surrender of Receipts referred to in Article (2) hereof and in the Deposit Agreement and subject to the conditions and restrictions therein set forth, and upon payment of any applicable taxes and/or governmental
      charges, be entitled to delivery, to him or upon his order, of the amount of Deposited Securities represented by such Receipt. If any Receipts shall remain outstanding after the date of termination of the Deposit Agreement, the Registrar thereafter
      shall discontinue the registration of transfers of Receipts, and the Depositary shall suspend the distribution of dividends to the Holders thereof, and shall not give any further notices or perform any further acts under the Deposit Agreement, except
      that the Depositary shall continue to collect dividends and other distributions pertaining to Deposited Securities, shall sell rights as provided in the Deposit Agreement, and shall continue to deliver Deposited Securities, subject to the conditions
      and restrictions set forth in the Deposit Agreement, together with any dividends or other distributions received with respect thereto and the net proceeds of the sale of any rights or other property, in exchange for Receipts surrendered to the
      Depositary (after deducting, or charging, as the case may be, in each case the charges of the Depositary for the surrender of a Receipt, any expenses for the account of the Holder in accordance with the terms and conditions of the Deposit Agreement
      and any applicable taxes and/or governmental charges or assessments). At any time after the expiration of six months from the date of termination of the Deposit Agreement, the Depositary may sell the Deposited Securities then held hereunder and may
      thereafter hold uninvested the net proceeds of any such sale, together with any other cash then held by it hereunder, in an unsegregated account, without liability for interest for the pro rata benefit of the Holders of Receipts whose Receipts have
      not theretofore been surrendered. After making such sale, the Depositary shall be discharged from all obligations under the Deposit Agreement with respect to the Receipts and the Shares, Deposited Securities and ADSs, except to account for such net
      proceeds and other cash (after deducting, or charging, as the case may be, in each case the charges of the Depositary for the surrender of a Receipt, any expenses for the account of the Holder in accordance with the terms and conditions of the
      Deposit Agreement and any applicable taxes and/or governmental charges or assessments) and except as set forth in the Deposit Agreement. Upon the termination of the Deposit Agreement, the Company shall be discharged from all obligations under the
      Deposit Agreement except as set forth in the Deposit Agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(22)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Compliance with U.S. Securities Laws; </u>Re<u>gulatory Compliance</u>. Notwithstanding any provisions in this Receipt or the Deposit Agreement to the contrary,
      the withdrawal or delivery of Deposited Securities will not be suspended by the Company or the Depositary except as would be permitted by Section I.A.(1) of the General Instructions to the Form F-6 Registration Statement, as amended from time to
      time, under the Securities Act.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(23)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Certain Rights of the Depositary; Limitations</u>. Subject to the further terms and provisions of this Article (23), the Depositary, its Affiliates and their
      agents, on their own behalf, may own and deal in any class of securities of the Company and its Affiliates and in ADSs. The Depositary may issue ADSs against evidence of rights to receive Shares from the Company, any agent of the Company or any
      custodian, registrar, transfer agent, clearing agency or other entity involved in ownership or transaction records in respect of the Shares. Such evidence of rights shall consist of written blanket or specific guarantees of ownership of Shares
      furnished on behalf of the holder thereof. In its capacity as Depositary, the Depositary shall not lend Shares or ADSs; provided, however, that the Depositary may (i) issue ADSs prior to the receipt of Shares pursuant to Section 2.3 of the Deposit
      Agreement and (ii) deliver Shares prior to the receipt and cancellation of ADSs which were issued under (i) above but for which Shares may not yet have been received (each such transaction a &#8220;Pre-Release Transaction&#8221;). The Depositary may receive ADSs
      in lieu of Shares under (i) above and receive shares in lieu of ADSs under (ii) above. Each such Pre-Release Transaction will be (a) accompanied by or subject to a written agreement whereby the person or entity (the &#8220;Applicant&#8221;) to whom ADSs or
      Shares are to be delivered (1) represents that at the time of the Pre-Release Transaction the Applicant or its customer owns the Shares or ADSs that are to be delivered by the Applicant under such Pre-Release Transaction, (2)agrees to indicate the
      Depositary as owner of such Shares or ADSs in its records and to hold such Shares or ADSs in trust for the Depositary until such Shares or ADSs are delivered to the Depositary or the Custodian, (3) unconditionally guarantees to deliver to the
      Depositary or the Custodian, as applicable, such Shares or ADSs and (4) agrees to any additional restrictions or requirements that the Depositary deems appropriate, (b) at all times fully collateralized with cash, United States government securities
      or such other collateral as the Depositary deems appropriate, (c) terminable by the Depositary on not more than five business days&#8217; notice (save for a prescribed termination event in which case any such Pre-Release Transaction may be immediately
      terminable by the Depositary) and (d) subject to such further indemnities and credit regulations as the Depositary deems appropriate. The Depositary will normally limit the number of ADSs and Shares involved in such Pre-Release Transactions at any
      one time to 30% of the ADSs outstanding (without giving effect to ADSs outstanding pursuant to any Pre-Release Transaction under (i) above), <u>provided, however,</u> that the Depositary reserves the right to change or disregard such limit from time
      to time as it deems appropriate. The Depositary may also set limits with respect to the number of ADSs and Shares involved in Pre-Release Transactions with any one person on a case by case basis as it deems appropriate.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">The Depositary may retain for its own account any compensation received by it in conjunction with the foregoing. Collateral provided pursuant to (b) above, but not the earnings
      thereon, shall be held for the benefit of the Holders (other than the Applicant).</div>
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    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(24)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Ownership Restrictions</u>. Owners and Beneficial Owners shall comply with any limitations on ownership of Shares under the Memorandum and Articles of Association
      or applicable Cayman Islands law as if they held the number of Shares their American Depositary Shares represent. The Company shall inform the Owners, Beneficial Owners and the Depositary of any such ownership restrictions in place from time to time.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 9pt;">(25)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Waiver</u>. EACH PARTY TO THE DEPOSIT AGREEMENT (INCLUDING, FOR AVOIDANCE OF DOUBT, EACH HOLDER AND BENEFICIAL OWNER AND/OR HOLDER OF INTERESTS IN THE ADRs)
      HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY SUIT, ACTION OR PROCEEDING AGAINST THE DEPOSITARY AND/OR THE COMPANY DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO
      THE SHARES OR OTHER DEPOSITED SECURITIES, THE ADSs OR THE ADRs, THE DEPOSIT AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREIN OR THEREIN, OR THE BREACH HEREOF OR THEREOF (WHETHER BASED ON CONTRACT, TORT, COMMON LAW OR ANY OTHER THEORY).</div>
    <div style="text-align: justify; margin-bottom: 9pt; font-weight: bold;">(ASSIGNMENT AND TRANSFER SIGNATURE LINES)</div>
    <div style="text-align: justify; margin-bottom: 9pt;">FOR VALUE RECEIVED, the undersigned Holder hereby sell(s), assign(s) and transfer(s) unto ___________________ whose taxpayer identification number is ______________ and whose address including
      postal zip code is ____________________, the within Receipt and all rights thereunder, hereby irrevocably constituting and appointing ______________ attorney-in-fact to transfer said Receipt on the books of the Depositary with full power of
      substitution in the premises.</div>
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            <div style="text-align: justify;">Name:</div>
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          <td style="border-bottom: 1px solid #000000; vertical-align: top; width: 34.32%;">&#160;</td>
          <td style="width: 5.05%; vertical-align: top;">&#160;</td>
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          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
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            <div style="text-align: justify;">Title:</div>
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          <td style="border-bottom: 1px solid #000000; vertical-align: top; width: 34.32%;">&#160;</td>
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            <div style="text-align: justify;">NOTICE: The signature of the Holder to this assignment must correspond with the name as written upon the face of the within instrument in every particular, without alteration or enlargement or any change
              whatsoever.</div>
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            <div style="text-align: justify;">If the endorsement be executed by an attorney, executor, administrator, trustee or guardian, the person executing the endorsement must give his/her full title in such capacity and proper evidence of authority
              to act in such capacity, if not on file with the Depositary, must be forwarded with this Receipt.</div>
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<DESCRIPTION>(E) RULE 466 CERTIFICATION
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    <div style="text-align: center; margin-bottom: 9pt; font-weight: bold;"><u>Certification under Rule 466</u></div>
    <div style="text-align: justify; margin-bottom: 9pt;">The depositary, Deutsche Bank Trust Company Americas, represents and certifies the following:</div>
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            <div>That it previously had filed a registration statement on Form F-6 (Dunxin Financial Holdings Limited, File No. 333-223442) that the Securities and Exchange Commission declared effective, with terms of deposit identical to the terms of
              deposit of this Post-Effective Amendment No. 1 to Form F-6 Registration Statement except for the number of ordinary shares that an American Depositary Share represents.</div>
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            <td style="width: auto; vertical-align: top; text-align: justify;">That its ability to designate the date and time of effectiveness under Rule 466 has not been suspended.</td>
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            <div style="text-align: justify;">By:</div>
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            <div>DEUTSCHE BANK TRUST COMPANY&#160;AMERICAS, as Depositary</div>
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            <div style="text-align: justify;">By:</div>
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          <td colspan="2" style="width: 43.72%; vertical-align: top; border-bottom: #000000 1px solid;">/s/ Michael Tompkins<br>
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            <div style="text-align: justify;">Name:</div>
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          <td style="border-bottom: 1px solid #000000; vertical-align: top; width: 34.32%;">Director<br>
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          <td style="width: 44.89%; vertical-align: top;">&#160;</td>
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            <div style="text-align: justify;">By:</div>
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          <td colspan="2" style="width: 43.72%; vertical-align: top; border-bottom: #000000 1px solid;">/s/ Kelvyn Correa<br>
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          <td style="width: 5.05%; vertical-align: top;">&#160;</td>
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            <div style="text-align: justify;">Name:</div>
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          <td style="border-bottom: 1px solid #000000; vertical-align: top; width: 34.32%;">Kelvyn Correa<br>
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          <td style="border-bottom: 1px solid #000000; vertical-align: top; width: 34.32%;">Director<br>
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