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 2022 is RMB11,029,994.16 (equivalent to approximately HK$13,495,000), being the aggregate rental payable under the Leases for the year ending 31 December 2022. 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 2022 is RMB11,029,994.16 RMB4,689,005.76 (equivalent to approximately HK$13,495,000HK$5,736,900), being the aggregate rental payable under the Leases Lease for the year ending 31 December 2022. 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 2022 2020 is RMB11,029,994.16 RMB6,421,028.52 (equivalent to approximately HK$13,495,000HK$7,166,300), being the aggregate rental payable under the Leases Lease for the year ending 31 December 20222020. 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 2022 2023 is RMB11,029,994.16 (equivalent to approximately HK$13,495,000HK$12,313,972.02), being the aggregate rental payable under the Leases for the year ending 31 December 20222023. 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 2022 2021 is RMB11,029,994.16 RMB4,689,005.71 (equivalent to approximately HK$13,495,000HK$5,565,300), being the aggregate rental payable under the Leases Lease for the year ending 31 December 20222021. 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 2022 2020 is RMB11,029,994.16 RMB13,959,959.88 (equivalent to approximately HK$13,495,000HK$15,580,300), being the aggregate rental payable under the Leases for the year ending 31 December 20222020. The above annual cap was determined based on the aggregate rental payable under the Leases.