Common use of BOARD’S APPROVAL Clause in Contracts

BOARD’S APPROVAL. The twenty-third meeting of the eighth session of the Board of the Company has approved the transactions under the Entrusted Loan Framework Agreement and the Entrusted Loan Agreement. None of the Directors has any material interests in the Entrusted Loan Framework Agreement and the Entrusted Loan Agreement. Those connected Directors, namely Xxxx Xxxxxxx, Xx Xxxxxxx and Xxxxx Xxxxxxx (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-third seventeenth meeting of the eighth session of the Board of the Company has approved the transactions transaction under the Entrusted Loan Framework Agreement and the Entrusted Loan Agreement. None of the Directors has any material interests in the Entrusted Loan Framework Agreement and the Entrusted Loan Agreement. Those connected Directors, namely Xxxx Xxxxxxx, Xx Xxxxxxx and Xxxxx Xxxxxxx (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-third first meeting of the eighth session of the Board of the Company has approved the transactions transaction under the Entrusted Loan Framework Agreement and the Entrusted Loan Agreement. None of the No Directors has any material interests in the Entrusted Loan Framework Agreement and the Entrusted Loan Agreement. Those connected Directors, namely Xxxx Xxxxxxx, Xx Xxxxxxx and Xxxxx Xxxxxxx (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-third sixth meeting of the eighth session of the Board of the Company has approved the transactions under the Entrusted Loan Framework Agreement and the Entrusted Loan AgreementAgreements. None of the Directors has any material interests in the Entrusted Loan Framework Agreement and the Entrusted Loan AgreementAgreements. Those connected Directors, namely Xxxx Xxxxxxx, Xx Xxxxxxx and Xxxxx Xxxxxxx (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.