ANNOUNCEMENT - CONTINUING CONNECTED TRANSACTIONS: ENTRUSTED MANAGEMENT AGREEMENTS

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

安 徽 皖 通 高 速 公 路 股 份 有 限 公 司

ANHUI EXPRESSWAY COMPANY LIMITED

(incorporated in the People's Republic of China with limited liability as a joint stock company)

(Stock Code: 995)

ANNOUNCEMENT

CONTINUING CONNECTED TRANSACTIONS:

ENTRUSTED MANAGEMENT AGREEMENTS

Reference is made to the announcement of the Company dated 28 December 2018 in relation to, among other things, the Previous Entrusted Management Agreements entered into by the Company.

As the term of the Previous Entrusted Management Agreements will expire on 31 December 2019, the Company has entered into the following respective agreements on 31 December 2019:

• The Entrusted Management Agreement I, pursuant to which the Company has agreed to provide Anhui Transportation Group with the entrusted management service in relation to the highways and bridges of Xiaofang Section of Jingtai Expressway, Shuxi Section of Hefei Ring Expressway, Heluye Section of Hushan Expressway, Airport Expressway and Extension, Benghe Expressway Section, Chuma Section of Tianqian Expressway, Chuzhou Section of Chuxin Expressway, Yueqian Section of Jiguang Expressway, Jiqidangshan Section, Suzhou Section of Jingtai Expressway and Wangdong Bridge of Jiguang Expressway in 2020;
• The Entrusted Management Agreement II, pursuant to which the Company has agreed to provide Wangqian Company with the entrusted management service in relation to the connected highways and bridges to the north bank of Wangdong Bridge of Jiguang Expressway in 2020;

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• The Entrusted Management Agreement III, pursuant to which the Company has agreed to provide Anqing Company with the entrusted management service in relation to Yuewu Expressway and its bridges in 2020;
• The Entrusted Management Agreement IV, pursuant to which Xuanguang Company has agreed to provide Anhui Transportation Group with the entrusted management service in relation to the highways and bridges of Tongnanxuan Section of Xuantong Expressway and Wuxuan Section of Huyu Expressway in 2020;
• The Entrusted Management Agreement V, pursuant to which Xuanguang Company has agreed to provide Liguang Company with the entrusted management service in relation to Liguang Highway and its bridges in 2020;
• The Entrusted Management Agreement VI, pursuant to which Ningxuanhang Company has agreed to provide Anhui Transportation Group with the entrusted management service in relation to the highways and bridges of Jihuang Section of Lihuang Expressway and Guangning Section of Yangji Expressway in 2020; and
• The Entrusted Management Agreement VII, pursuant to which Ningxuanhang Company has agreed to provide Yangji Company with the entrusted management service in relation to the highways and bridges of Ningji Section of Lihuang Expressway in 2020.

Under Rule 14A.81 of the Listing Rules, the continuing connected transactions contemplated under the Entrusted Management Agreements should be aggregated, since the parties to these agreements, namely, Anhui Transportation Group, Wangqian Company, Anqing Company, Liguang Company and Yangji Company are interrelated with each other and each of these agreements is of the same nature. The aggregated Annual Cap for the Entrusted Management Agreements for the financial year ending 31 December 2020 is RMB169,248,600.

As one or more of the applicable Percentage Ratios in respect of the transactions contemplated under the Entrusted Management Agreements (in aggregate) on an annual basis is more than 0.1% but all of the applicable Percentage Ratios are less than 5%, those transactions contemplated under the Entrusted Management Agreements are therefore exempted from the independent shareholders' approval requirement, but shall be subject to the announcement, annual reporting and annual review requirements under Chapter 14A of the Listing Rules.

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1. ENTRUSTED MANAGEMENT AGREEMENT I Date: 31 December 2019
   Parties
2. 1. Anhui Transportation Group (as the principal); and
   2. The Company (as the entrustee).

Subject Matter

Pursuant to the Entrusted Management Agreement I, Anhui Transportation Group has agreed to entrust the Company to manage Anhui Transportation Group's management business related to toll, maintenance, information and electrical technology, road property safety in respect of Xiaofang Section of Jingtai Expressway of 9.65 kilometers (Pile No. K1039+452 to K1049+100), Shuxi Section of Hefei Ring Expressway of 15.72 kilometers (Pile No. K49+000 to K64+717), Heluye Section of Hushan Expressway of 16.34 kilometers (Pile No. K643+157 to K659+500), Airport Expressway and Extension of 17.60 kilometers (Pile No. K0+000 to K17+601), Benghe Expressway Section of 8.42 kilometers (Pile No. K120+420 to K112+000), Chuma Section of Tianqian Expressway of 46.2 kilometers (Pile No. K71+300.8 to K117+500), Chuzhou Section of Chuxin Expressway of 100.45 kilometers (Pile No. K000 to K100+453), Yueqian Section of Jiguang Expressway of 78.79 kilometers (Pile No. K748+660 to K827+452), Jiqidangshan Section of 39.51 kilometers (Pile No. K440+000 to K479+507), Suzhou Section of Jingtai Expressway of 50.9 kilometers (Pile No. K742+39 to K793+166) and Wangdong Bridge of Jiguang Expressway of 21 kilometers (Pile No. K876 to K897) in 2020. Those new sections (stations) that requires the management service from the Company, if any, are also included in the scope of the entrusted management business. The parties shall negotiate separately on the way of entrusted management in the event of any restructuring of operation in Anhui Transportation Group during the term of the Agreement. The Company has agreed to accept the entrustment from Anhui Transportation Group to duly perform all of the management obligations according to the terms of the Entrusted Management Agreement I.

Term

The parties agreed that the term of management shall be one year from 1 January 2020 to 31 December 2020.

Fees

Pursuant to the Entrusted Management Agreement I, the Company shall charge Anhui Transportation Group the provisionally agreed combined fee for the entrusted sections of RMB82,385,900 (subject to the following adjustment) in total, which is the sum of the following three components:

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• Transfer payments to be used to settle expenses directly incurred in relation to the management and operation of the entrusted sections and stations (including management costs of the entrusted stations, maintenance and repair expenses for the road assets and electrical equipment of the sections and stations, the electricity consumption for production, etc.), the purchase of office supplies and spares and parts, etc, and other direct expenses (other than (i) costs for large-scale production vehicles and equipment and (ii)costs for construction of new office building or apartment, construction of new crossings, reconstruction or expansion project of crossings which creates new assets, modification of large service areas and the comprehensive and coordinated implementation of projects such as mechatronics and maintenance by the principal). ("Transfer Payments");
• Transaction levies as levies on the entrusted management service provided for the entrusted sections ("Transaction Levies"); and
• Entrusted management fees as the fee charges by the Company for the provision of the entrusted management service.

The aforementioned combined fees for the entrusted sections were provisionally determined by negotiations between the parties on an arm's length basis with reference to: (1) the Company's similar experience in operating and managing road sections; (2) the revenue level required to be obtained by the Company; and (3) the reported budget of 2020 (including the costs required for the entrusted management of the sections), and the combined fees for the entrusted sections will be settled based on the final budgets after determination of the 2020 annual budgets. Among which, the Transfer Payments are calculated based on the special and daily maintenance needs for roads entrusted to manage, the daily management fee, the management fee for toll and the road assets safety fee and other related factors; the Transaction Levies are calculated based on the amount of Transfer Payments and the prevailing and applicable tax rates, tax policies and other related factors; and the entrusted management fees are calculated based on the mileages under entrusted management, the road conditions under entrusted management, the number of toll stations and other related factors.

25% of the combined fees for the entrusted sections will be paid to the Company by Anhui Transportation Group at the beginning of each quarter (by 10 January, 10 April, 10 July and 10 October), and the Company will issue the VAT invoices to Anhui Transportation Group after receipt of such amounts.

Major Terms

After Anhui Transportation Group has transferred the above fees based on annual budget to the Company, Anhui Transportation Group will not pay those parts of fees directly to the relevant service providers. During the period of entrusted management, the Company will be responsible for signing the relevant contracts, implementation and making payment arrangements by using the Transfer Payments for matters under the scope of entrusted management.

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Large-scale production vehicles and equipment will be purchased by Anhui Transportation Group and transferred to the Company for use and management. In respect of construction of new office building or apartment, construction of new crossings, reconstruction or expansion project of crossings which creates new assets, modification of large service areas and the comprehensive and coordinated implementation of projects such as mechatronics and maintenance by the principal, the Company will raise the application and assist Anhui Transportation Group in signing contracts and handling the assets purchase and construction and payment procedures, and the Company will be responsible for organization and implementation according to the approved annual plans and budget.

1. ENTRUSTED MANAGEMENT AGREEMENT II
   Except for the following amendments, all other principal terms under the Entrusted Management Agreement II are the same as those set forth in the Entrusted Management Agreement I:
2. • The party shall change from Anhui Transportation Group to Wangqian Company;
   • The Company shall provide the entrusted management service for the connection to the north bank of Wangdong Bridge of Jiguang Expressway of 49.96 kilometers (Pile No. K827+452 to K877+410) under the entrustment from Wangqian Company; and
   • The combined fees for the entrusted sections shall be changed to RMB4,347,600 (provisionally agreed).
3. ENTRUSTED MANAGEMENT AGREEMENT III
   Except for the following amendments, all other principal terms under the Entrusted Management Agreement III are the same as those set forth in the Entrusted Management Agreement I:
4. • The party shall change from Anhui Transportation Group to Anqing Company;
   • The Company shall provide the entrusted management service for Yuewu Highway of 46.24 kilometers (Pile No. K560+087 to K606+322) under the entrustment from Anqing Company; and
   • The combined fees for the entrusted sections shall be changed to RMB14,086,700 (provisionally agreed).

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1. ENTRUSTED MANAGEMENT AGREEMENT IV
   Except for the following amendments, all other principal terms under the Entrusted Management Agreement IV are the same as those set forth in the Entrusted Management Agreement I:
2. • The party shall change from the Company to Xuanguang Company;
   • Xuanguang Company shall provide the entrusted management service for Tongnanxuan Section of Xuantong Expressway of 24.3 kilometers (Pile No. K000 to K24+300), Wuxuan Section of Huyu Expressway of 4.2 kilometers (Pile No. K292+200 to K296+400) under the entrustment from Anhui Transportation Group; and
   • The combined fees for the entrusted sections shall be changed to RMB14,032,000 (provisionally agreed).
3. ENTRUSTED MANAGEMENT AGREEMENT V
   Except for the following amendments, all other principal terms under the Entrusted Management Agreement V are the same as those set forth in the Entrusted Management Agreement I:
4. • The party shall change from Anhui Transportation Group to Liguang Company;
   • The other party shall change from the Company to Xuanguang Company;
   • Xuanguang Company shall provide the entrusted management service for Liguang Highway of 38.78 kilometers (Pile No. K000 to K38+776) under the entrustment from Liguang Company; and
   • The combined fees for the entrusted sections shall be changed to RMB13,849,400 (provisionally agreed).
5. ENTRUSTED MANAGEMENT AGREEMENT VI
   Except for the following amendments, all other principal terms under the Entrusted Management Agreement VI are the same as those set forth in the Entrusted Management Agreement I:
6. • The party shall change from the Company to Ningxuanhang Company;
   • Ningxuanhang Company shall provide the entrusted management service for Jihuang Section of Lihuang Expressway of 24.61 kilometers (Pile No. K185+474 to K210+088) and Guangning Section of Yangji Expressway of 38.3 kilometers (Pile No. K0+000 to K38+296) under the entrustment from Anhui Transportation Group; and
   • The combined fees for the entrusted sections shall be changed to RMB12,329,100 (provisionally agreed).

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1. ENTRUSTED MANAGEMENT AGREEMENT VII
   Except for the following amendments, all other principal terms under the Entrusted Management Agreement VII are the same as those set forth in the Entrusted Management Agreement I:
2. • The party shall change from Anhui Transportation Group to Yangji Company;
   • The other party shall change from the Company to Ningxuanhang Company;
   • Ningxuanhang Company shall provide the entrusted management service for Ningji Section of Lihuang Expressway of 76.26 kilometers (Pile No. K109+216 to K185+474) under the entrustment from Anhui Transportation Group; and
   • The combined fees for the entrusted sections shall be changed to RMB16,576,600 (provisionally agreed).

Annual Caps

For the financial year ending 31 December 2020:

• The maximum aggregate annual value (i.e. the Annual Cap) of the Entrusted Management Agreement I is RMB86,505,100;
• The maximum aggregate annual value (i.e. the Annual Cap) of the Entrusted Management Agreement II is RMB4,782,300;
• The maximum aggregate annual value (i.e. the Annual Cap) of the Entrusted Management Agreement III is RMB15,495,300;
• The maximum aggregate annual value (i.e. the Annual Cap) of the Entrusted Management Agreement IV is RMB15,435,200;
• The maximum aggregate annual value (i.e. the Annual Cap) of the Entrusted Management Agreement V is RMB15,234,400;
• The maximum aggregate annual value (i.e. the Annual Cap) of the Entrusted Management Agreement VI is RMB13,562,000; and
• The maximum aggregate annual value (i.e. the Annual Cap) of the Entrusted Management Agreement VII is RMB18,234,300.

Such Annual Caps are determined with reference to the combined fees for the entrusted sections under each of the Entrusted Management Agreements and the 2020 reported budget amount available for review.

Historical Transaction Amounts

The amount of payment collected by the Company from 1 January 2019 and up to the date of this announcement, pursuant to the Previous Entrusted Management Agreements were RMB127,141,100.

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REASONS FOR AND BENEFITS OF ENTERING INTO THE ENTRUSTED MANAGEMENT AGREEMENTS

The Group has accumulated relatively mature management experience and possesses competent management skill in the aspects of the management business related to toll, maintenance, information and electrical technology and road property safety. The transactions under the Entrusted Management Agreement shall bring the Group a road property portfolio of up to 707.23 kilometers for management. The entrusted sections are connected to the sections owned by the Group and the Group has a basic understanding of the status of these sections. Therefore, the transactions under the Entrusted Management Agreements can utilize the Group's management advantages, share the Group's operation costs, enable the Group to benefit from economies of scale and improve its revenue sources.

After considering the abovementioned reasons, the directors of the Company (including the independent non-executive directors) are of the view that the terms of the Entrusted Management Agreements and the Annual Caps are fair and reasonable and are on normal commercial terms, and such continuing connected transactions are conducted in the ordinary and usual course of business of the Company and in the interests of the Company and its shareholders as a whole.

Chen Dafeng, Xu Zhen and Xie Xinyu (being the directors or the senior management of Anhui Transportation Group and/or the directors of the Company nominated by Anhui Transportation Group) are deemed to have material interests in the Entrusted Management Agreements and have abstained from voting on resolution(s) at the relevant meeting of the Board.

IMPLICATIONS UNDER THE LISTING RULES

Anhui Transportation Group is currently the controlling shareholder and a connected person (as defined in the Listing Rules) of the Company, holding approximately 31.63% of the Company's issued shares. Therefore, the continuing connected transactions contemplated under the Entrusted Management Agreement I, the Entrusted Management Agreement IV and the Entrusted Management Agreement VI constitute continuing connected transactions of the Company respectively.

As Wangqian Company is a subsidiary of Anhui Transportation Group, Wangqian Company is an associate of Anhui Transportation Group and is also a connected person of the Company according to Chapter 14A of the Listing Rules. Therefore, the continuing connected transactions contemplated under the Entrusted Management Agreement II constitute continuing connected transactions of the Company.

As Anqing Company is a wholly-owned subsidiary of Anhui Transportation Group, Anqing Company is an associate of Anhui Transportation Group and is also a connected person of the Company according to Chapter 14A of the Listing Rules. Therefore, the continuing connected transactions contemplated under the Entrusted Management Agreement III constitute continuing connected transactions of the Company.

As Liguang Company is a subsidiary of Anhui Transportation Group, Liguang Company is an associate of Anhui Transportation Group and is also a connected person of the Company according to Chapter 14A of the Listing Rules. Therefore, the continuing connected transactions contemplated under the Entrusted Management Agreement V constitute continuing connected transactions of the Company.

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As Yangji Company is a subsidiary of Anhui Transportation Group, Yangji Company is an associate of Anhui Transportation Group and is also a connected person of the Company according to Chapter 14A of the Listing Rules. Therefore, the continuing connected transactions contemplated under the Entrusted Management Agreement VII constitute continuing connected transactions of the Company.

Under Rule 14A.81 of the Listing Rules, the continuing connected transactions contemplated under the Entrusted Management Agreements should be aggregated, since the parties to these agreements, namely, Anhui Transportation Group, Wangqian Company, Anqing Company, Liguang Company and Yangji Company are interrelated with each other and each of these agreements is of the same nature. The aggregated Annual Cap for the Entrusted Management Agreements for the financial year ending 31 December 2020 is RMB169,248,600.

As one or more of the applicable Percentage Ratios in respect of the transactions contemplated under the Entrusted Management Agreements (in aggregate) on an annual basis is more than 0.1% but all of the applicable Percentage Ratios are less than 5%, those transactions contemplated under the Entrusted Management Agreements are therefore exempted from the independent shareholders' approval requirement, but shall be subject to the announcement, annual reporting and annual review requirements under Chapter 14A of the Listing Rules.

INFORMATION ON PARTIES TO THE ENTRUSTED MANAGEMENT AGREEMENTS

The Company is principally engaged in the design, construction, supervision, toll collection, maintenance, first-aid service, management of road assets and road right of high grade highways, storage, consultation services of road construction and operation, house lease, sale of motor vehicles and machinery parts, and development, production and sale of new and hi-tech productions.

Xuanguang Company is principally engaged in the toll, maintenance and removing obstacles services of Xuanguang Expressway; automobile, construction machinery repair; catering; auto parts, wholesale and retail of merchandise.

Ningxuanhang Company is principally engaged in the construction, collection of toll, maintenance, management and related advertisement service of high grade highways.

Anhui Transportation Group is principally engaged in building, supervision, testing, design, construction, technical consultation and service of highway and related infrastructure; investment and asset management; real estate development and operation; road transportation; logistics services; expressway service area operation and management, such as collection of toll, maintenance, road property and rights protection; advertising production and publication.

Wangqian Company is principally engaged in project highway and ancillary facilities investment, management and operation and advertisement business.

Anqing Company is principally engaged in bridge construction and fund raising, material supply, tertiary industry operation and bridge operation and management services.

Liguang Company is principally engaged in project highway and ancillary facilities investment, management and operation and advertisement business.

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Yangji Company is principally engaged in high class highway and ancillary facilities construction, building, management, collection of toll, maintenance and rescue services; advertisement design, production and dissemination; storage and other supporting services; property lease; sales of automobile spare parts and construction materials; sales and maintenance of machines and equipment; indoor and outdoor decoration and high-tech product development.

DEFINITIONS

In this announcement, unless the context otherwise requires, the following terms have the following meanings:

"Anhui Transportation	Anhui Transportation Holding Group Company Limited* (安徽省
Group"	交通控股集團有限公司), formerly known as Anhui Expressway
	Holding Group Company Limited* (安徽省高速公路控股集團有
	限公司), a company incorporated under the laws of the PRC

"Annual Cap(s)"

"Anqing Company"

the maximum aggregate annual value(s) for the continuing connected transactions contemplated under the Entrusted Management Agreement I, the Entrusted Management Agreement II, the Entrusted Management Agreement III, the Entrusted Management Agreement IV, the Entrusted Management Agreement V, the Entrusted Management Agreement VI and/or the Entrusted Management Agreement VII (as the case may be)

Anhui Anqing Yangtzi Highway Bridge Company Limited* (安 徽安慶長江公路大橋有限責任公司)，a company incorporated

under the laws of the PRC

"associate(s)"

"Board"

"Company"

has the meaning ascribed to it under the Listing Rules

the board of directors of the Company

Anhui Expressway Company Limited, a joint stock limited company incorporated in the PRC, the overseas listed shares of which are listed on the Stock Exchange, and the domestic ordinary shares of which are listed on the Shanghai Stock Exchange in the

PRC

"Entrusted Management	the entrusted management agreement entered into between
Agreement I"	Anhui Transportation Group and the Company in relation to the
	management of the highways and bridges of Xiaofang Section
	of Jingtai Expressway, Shuxi Section of Hefei Ring Expressway,
	Heluye Section of Hushan Expressway, Airport Expressway
	and Extension, Benghe Expressway Section, Chuma Section of
	Tianqian Expressway, Chuzhou Section of Chuxin Expressway,
	Yueqian Section of Jiguang Expressway, Jiqidangshan Section,
	Suzhou Section of Jingtai Expressway and Wangdong Bridge of
	Jiguang Expressway on 31 December 2019

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"Entrusted Management	the entrusted management agreement entered into between
Agreement II"	Wangqian Company and the Company in relation to the
	management of the connected highways and bridges to the north
	bank of Wangdong Bridge on 31 December 2019
"Entrusted Management	the entrusted management agreement entered into between Anqing
Agreement III"	Company and the Company in relation to the management of the
	highway and bridges of Yuewu Section on 31 December 2019
"Entrusted Management	the entrusted management agreement entered into between Anhui
Agreement IV"	Transportation Group and Xuanguang Company in relation to the
	management of the highways and bridges of Tongnanxuan Section
	of Xuantong Expressway, Wuxuan Section of Huyu Expressway
	on 31 December 2019
"Entrusted Management	the entrusted management agreement entered into between
Agreement V"	Liguang Company and Xuanguang Company in relation to the
	management of Liguang Highway and its bridges on 31 December
	2019
"Entrusted Management	the entrusted management agreement entered into between Anhui
Agreement VI"	Transportation Group and Ningxuanhang Company in relation
	to the management of the highways and bridges of Jihuang
	Section of Lihuang Expressway and Guangning Section of Yangji
	Expressway on 31 December 2019
"Entrusted Management	the entrusted management agreement entered into between
Agreement VII"	Yangji Company and Ningxuanhang Company in relation to the
	management of the highways and bridges of Ningji Section on 31
	December 2019
"Entrusted Management	collectively, the Entrusted Management Agreement I, the
Agreements"	Entrusted Management Agreement II, the Entrusted Management
	Agreement III, the Entrusted Management Agreement IV, the
	Entrusted Management Agreement V, the Entrusted Management
	Agreement VI and the Entrusted Management Agreement VII

"Group"

"Liguang Company"

the Company and its subsidiaries

Anhui Liguang Expressway Company Limited* (安徽省溧廣高 速公路有限公司), a company incorporated under the laws of the

PRC

"Listing Rules"the Rules Governing the Listing of Securities on the Stock Exchange

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"Ningxuanhang Company"

"Percentage Ratio(s)"

"PRC"

"Previous Entrusted Management Agreements"

"RMB"

"Stock Exchange"

"Wangqian Company"

Anhui Ningxuanhang Expressway Investment Company Limited* (安徽寧宣杭高速公路投資有限公司), a company incorporated

under the laws of the PRC, the equity interests of which are owned as to 51% by the Company, 10% by Xuangcheng City Transportation Investment Company Limited* (宣城市交通投資 有限公司) and 39% by Anhui Transportation Group, respectively, and a connected subsidiary of the Company under Chapter 14A of the Listing Rules

the percentage ratios (other than the profits ratio and the equity capital ratio) under Rule 14.07 of the Listing Rules

the People's Republic of China and for the purpose of this announcement only, shall exclude Hong Kong, Macau Special Administrative Region and Taiwan

the entrusted management agreements entered into by the Company on 28 December 2018, details of which were set out in the announcement of the Company dated 28 December 2018

Renminbi, the lawful currency of the PRC

The Stock Exchange of Hong Kong Limited

Anhui Wangqian Expressway Company Limited* (安徽望潛高 速公路有限公司), a company incorporated under the laws of the

PRC

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"Xuanguang Company"

"Yangji Company"

"%"

Hefei, Anhui, the PRC

31 December 2019

Xuanguang Expressway Company Limited* (宣廣高速公路有 限責任公司), a company incorporated under the laws of the PRC, the equity interests of which are owned as to 55.47% by

the Company and 44.53% by Xuangcheng City Transportation Investment Company Limited* (宣城市交通投資有限公司),

respectively

Anhui Yangji Expressway Company Limited* (安徽省揚績高速 公路有限公司), a company incorporated under the laws of the

PRC

percentage

By Order of the Board

Anhui Expressway Company Limited

Xie Xinyu

Company Secretary

As at the date of this announcement, the board of directors of the Company comprises: Chen Dafeng, Xu Zhen and Xie Xinyu as executive directors, Yang Xudong and Du Jian as non-executive directors, and Kong Yat Fan, Jiang Jun and Liu Hao as independent non-executive directors.

This announcement is originally prepared in Chinese. If there is any discrepancy between the Chinese and English versions, the Chinese version shall prevail.

• Translation for identification purpose only

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