Common use of BOARD’S APPROVAL Clause in Contracts

BOARD’S APPROVAL. The twenty-first meeting of the eighth session of the Board of the Company has approved the transaction under the Entrusted Loan Agreement. No Directors has any material interests in the Entrusted Loan Agreement. Those connected Directors, namely ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇ (all of whom are the key management personnel of CDC), have abstained from voting for approval of such resolution in accordance with the listing rules of the Shanghai Stock Exchange.

BOARD’S APPROVAL. The twentythirty-first sixth meeting of the eighth session of the Board of the Company has approved the transaction transactions under the Entrusted Loan AgreementAgreements. No None of the Directors has any material interests in the Entrusted Loan AgreementAgreements. Those connected Directors, namely ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇ (all of whom are the key management personnel of CDC), have abstained from voting for approval of such resolution in accordance with the listing rules of the Shanghai Stock Exchange.

BOARD’S APPROVAL. The twenty-first seventeenth meeting of the eighth session of the Board of the Company has approved the transaction under the Entrusted Loan Agreement. No None of the Directors has any material interests in the Entrusted Loan Agreement. Those connected Directors, namely ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇ (all of whom are the key management personnel of CDC), have abstained from voting for approval of such resolution in accordance with the listing rules of the Shanghai Stock Exchange.

BOARD’S APPROVAL. The twenty-first third meeting of the eighth session of the Board of the Company has approved the transaction transactions under the Entrusted Loan Framework Agreement and the Entrusted Loan Agreement. No None of the Directors has any material interests in the Entrusted Loan Framework Agreement and the Entrusted Loan Agreement. Those connected Directors, namely ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇ (all of whom are the key management personnel of CDC), have abstained from voting for approval of such resolution in accordance with the listing rules of the Shanghai Stock Exchange.