Common use of FINANCE LEASE ARRANGEMENT Clause in Contracts

FINANCE LEASE ARRANGEMENT. Subject to the fulfilment of certain conditions as set out in the Finance Lease Agreement (including but not limited to the obtaining of all necessary approvals by the Lessee in relation to the Finance Lease Arrangement and the signing by the Guarantor and the coming into effect of the relevant guarantee agreement), Chengtong Financial Leasing will purchase the Facilities from the Lessee at the Purchase Price of RMB80 million (equivalent to HK$96 million), and the Facilities will be leased back to the Lessee for a period of three (3) years (“Lease Term”) from the date on which the Purchase Price is paid by Chengtong Financial Leasing. If any of the conditions are not satisfied on or before 30 September 2018, Chengtong Financial Leasing shall have the right to unilaterally terminate the Finance Lease Agreement.

FINANCE LEASE ARRANGEMENT. Subject to the fulfilment of certain conditions as set out in the Finance Lease Agreement (including but not limited to the obtaining of all necessary approvals by the Lessee in relation to the Finance Lease Arrangement and the signing by the Guarantor and the coming into effect of the relevant guarantee agreement), Chengtong Financial Leasing will purchase the Facilities from the Lessee at the Purchase Price of RMB80 RMB100 million (equivalent to HK$96 HK$119 million), and the Facilities will be leased back to the Lessee for a period of three (3) years (“Lease Term”) from the date on which the Purchase Price is paid by Chengtong Financial Leasing. If any of the conditions are not satisfied on or before 30 September 31 January 2018, Chengtong Financial Leasing shall have the right to unilaterally terminate the Finance Lease Agreement.

FINANCE LEASE ARRANGEMENT. Subject to the fulfilment of certain conditions as set out in the Finance Lease Agreement (including but not limited to the obtaining of all necessary approvals by the Lessee in relation to the Finance Lease Arrangement and the signing by the Guarantor and the coming into effect of the relevant guarantee agreement), Chengtong Financial Leasing will purchase the Facilities from the Lessee at the Purchase Price of RMB80 million (equivalent to HK$96 HK$91.20 million), and the Facilities will be leased back to the Lessee for a period of three one (31) years year (“Lease Term”) from the date on which the Purchase Price is paid by Chengtong Financial Leasing. If any of the conditions are not satisfied on or before 30 September 201815 January 2019, Chengtong Financial Leasing shall have the right to unilaterally terminate the Finance Lease Agreement.

FINANCE LEASE ARRANGEMENT. Subject to the fulfilment of certain conditions as set out in the Finance Lease Agreement (including but not limited to the obtaining of all necessary approvals by the Lessee in relation to the Finance Lease Arrangement and the signing by the Guarantor and the coming into effect of the relevant guarantee agreement), Chengtong Financial Leasing will purchase the Facilities Vehicles from the Lessee at the Purchase Price of RMB80 RMB90 million (equivalent to HK$96 HK$105.30 million), and the Facilities Vehicles will be leased back to the Lessee for a period of three five (35) years (“Lease Term”) from the date on which the Purchase Price is paid by Chengtong Financial Leasing. If any of the conditions are not satisfied on or before 30 September 2018April 2019, Chengtong Financial Leasing shall have the right to unilaterally terminate the Finance Lease Agreement.