Common use of ANNUAL CAP Clause in Contracts

ANNUAL CAP. The annual cap for the aggregate rental payable by Scud Electronics and Scud Battery to Scud Stock under the Leases for the year ending 31 December 2020 is RMB13,959,959.88 (equivalent to approximately HK$15,580,300), being the aggregate rental payable under the Leases for the year ending 31 December 2020. The above annual cap was determined based on the aggregate rental payable under the Leases.

ANNUAL CAP. The annual cap for the aggregate rental payable by Scud Electronics and Stock to Scud Battery to Scud Stock under the Leases Lease for the year ending 31 December 2020 2023 is RMB13,959,959.88 RMB4,689,005.76 (equivalent to approximately HK$15,580,300HK$5,234,842.82), being the aggregate rental payable under the Leases Lease for the year ending 31 December 20202023. The above annual cap was determined based on the aggregate rental payable under the LeasesLease.

ANNUAL CAP. The annual cap for the aggregate rental payable by Scud Electronics and Stock to Scud Battery to Scud Stock under the Leases Lease for the year ending 31 December 2020 is RMB13,959,959.88 RMB6,421,028.52 (equivalent to approximately HK$15,580,300HK$7,166,300), being the aggregate rental payable under the Leases Lease for the year ending 31 December 2020. The above annual cap was determined based on the aggregate rental payable under the LeasesLease.

ANNUAL CAP. The annual cap for the aggregate rental payable by Scud Electronics and Scud Battery to Scud Stock under the Leases for the year ending 31 December 2020 2023 is RMB13,959,959.88 RMB11,029,994.16 (equivalent to approximately HK$15,580,300HK$12,313,972.02), being the aggregate rental payable under the Leases for the year ending 31 December 20202023. The above annual cap was determined based on the aggregate rental payable under the Leases.

ANNUAL CAP. The annual cap for the aggregate rental payable by Scud Electronics and Scud Battery to Scud Stock under the Leases for the year ending 31 December 2020 2022 is RMB13,959,959.88 RMB11,029,994.16 (equivalent to approximately HK$15,580,300HK$13,495,000), being the aggregate rental payable under the Leases for the year ending 31 December 20202022. The above annual cap was determined based on the aggregate rental payable under the Leases.

ANNUAL CAP. The annual cap for the aggregate rental payable by Scud Electronics and Stock to Scud Battery to Scud Stock under the Leases Lease for the year ending 31 December 2020 2021 is RMB13,959,959.88 RMB4,689,005.71 (equivalent to approximately HK$15,580,300HK$5,565,300), being the aggregate rental payable under the Leases Lease for the year ending 31 December 20202021. The above annual cap was determined based on the aggregate rental payable under the LeasesLease.

ANNUAL CAP. The annual cap for the aggregate rental payable by Scud Electronics and Stock to Scud Battery to Scud Stock under the Leases Lease for the year ending 31 December 2020 2022 is RMB13,959,959.88 RMB4,689,005.76 (equivalent to approximately HK$15,580,300HK$5,736,900), being the aggregate rental payable under the Leases Lease for the year ending 31 December 20202022. The above annual cap was determined based on the aggregate rental payable under the LeasesLease.