Common use of INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER Clause in Contracts

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee comprising all independent non-executive Directors has been formed to advise the Independent Shareholders on the Continuing Connected Transaction (including the Annual Caps). The Company has appointed Xxxxxxxx as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in the same regard.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee independent board committee (comprising all the independent non-executive Directors has been Directors) will be formed to advise the Independent Shareholders on the Continuing Connected Transaction (including terms of the Annual Caps)transactions contemplated under the Master Services Agreement. The An independent financial adviser will be appointed by the Company has appointed Xxxxxxxx as the Independent Financial Adviser to advise the Independent Board Committee independent board committee and the Independent Shareholders in on the same regardterms of and the transactions contemplated under the Master Services Agreement.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee comprising all the independent non-executive Directors has been formed to advise give recommendation to the Independent Shareholders on in relation to the Continuing Connected Transaction (including entering into the Supplemental Agreement and the Proposed Annual Caps)Caps taking into consideration of the advice to be given by the Independent Financial Adviser. The Company Somerley has been appointed Xxxxxxxx as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in the same this regard.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The An Independent Board Committee Committee, comprising all the independent non-executive Directors of the Company, has been formed established to advise the Independent Shareholders on the Continuing Connected Transaction (including the Annual Caps). The Company has appointed Xxxxxxxx as the Independent Financial Adviser and an independent financial adviser will be retained to advise the Independent Board Committee and the Independent Shareholders in respect of the same regardEntrustment Agreement.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The An Independent Board Committee comprising all independent non-executive Directors has been formed established to advise the Independent Shareholders on in respect of the Continuing Connected Transaction (including Sale and Purchase Agreement, the Annual Caps)Deeds of Amendment, the VIE Agreements, and the transactions contemplated thereunder. The Company Xxxxxxxx has been appointed Xxxxxxxx as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in the same this regard.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee comprising all independent non-executive Directors has been formed to advise the Independent Shareholders on the Continuing Connected Transaction Transactions (including the Annual Caps). The Company has appointed Xxxxxxxx as the Independent Financial Adviser independent financial adviser to advise the Independent Board Committee and the Independent Shareholders in the same regard.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee Committee, comprising all the independent non-executive Directors Directors, has been formed established to advise and give recommendation to the Independent Shareholders on the Continuing Connected Transaction (including Loan Agreement and the Annual Caps)transactions contemplated thereunder. The Company has An independent financial adviser will be appointed Xxxxxxxx as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in on, among other matters, the same regardfairness and reasonableness of the Loan Agreement and the transactions contemplated thereunder.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee independent board committee comprising all the independent non-executive Directors has been formed will be established to advise the Independent independent Shareholders on the Continuing Connected Transaction (including terms under the Annual Caps)New Framework Purchase Agreements and the New Asset Leasing Agreement. The Company has appointed Xxxxxxxx as will appoint the Independent Financial Adviser independent financial adviser to advise the Independent Board Committee independent board committee and independent Shareholders on the terms under the New Framework Purchase Agreements and the Independent Shareholders in the same regardNew Asset Leasing Agreement.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee Committee, comprising all independent non-executive Directors Directors, has been formed to advise the Independent Shareholders on the terms of the Continuing Connected Transaction Transactions (including the Annual Caps). The Company has appointed Xxxxxxxx as the Independent Financial Adviser independent financial adviser to advise the Independent Board Committee and the Independent Shareholders in the same regard.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Company has established an Independent Board Committee comprising all the independent non-executive Directors has been formed to advise the Independent Shareholders on in connection with the Continuing Connected Transaction (including approval for the Annual Caps)Services Agreement and the continuing connected transactions contemplated thereunder. The Company Somerley Capital has been appointed Xxxxxxxx as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in the same this regard.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee (comprising all the independent non-executive Directors Directors) has been formed in accordance with Chapter 14A of the Listing Rules to advise the Independent Shareholders on the Continuing Connected Transaction (including Equity Transfer Agreement and the Annual Caps)transactions contemplated thereunder. The Company has appointed Xxxxxxxx as the In this connection, an Independent Financial Adviser will be appointed by the Company to advise the Independent Board Committee and the Independent Shareholders in on the same regardEquity Transfer Agreement and the transactions contemplated thereunder.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The An Independent Board Committee comprising all independent non-executive Directors has been formed established to advise the Independent Shareholders on in respect of the Continuing Connected Transaction (including Sale and Purchase Agreement, the Annual Caps)Deed of Amendment and the transactions contemplated thereunder. The Company Xxxxxxxx has been appointed Xxxxxxxx as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in the same this regard.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee comprising all independent non-executive Directors has been formed established to advise the Independent Shareholders on the Continuing Connected Transaction (including the Annual Caps). The Company has appointed Xxxxxxxx as and the Independent Financial Adviser has been engaged to advise the Independent Board Committee and the Independent Shareholders in respect of the same regardtransactions contemplated under the Debt Confirmation Agreement the Debt Assignment Agreement and the Capital Increase Agreement.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee comprising all independent non-executive Directors has been formed established to advise the Independent Shareholders on the Continuing Connected Transaction (including the Annual Caps). The Company has appointed Xxxxxxxx as and the Independent Financial Adviser has been engaged to advise the Independent Board Committee and the Independent Shareholders in respect of the same regardQianhaiwan Equity Transfer Agreement and the Land Use Rights Confirmation Contract.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee comprising all independent non-executive Directors has been formed established to advise the Independent Shareholders on the Continuing Connected Transaction (including the Annual Caps). The Company has appointed Xxxxxxxx as and the Independent Financial Adviser has been engaged to advise the Independent Board Committee and the Independent Shareholders in respect of the same regardtransactions contemplated under the Debt Confirmation Agreement, the Debt Assignment Agreement and the Capital Increase Agreement.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee comprising all independent non-executive Directors has been formed to advise the Independent Shareholders on the Continuing Connected Transaction Transactions (including the Annual Caps). The Company has appointed Xxxxxxxx Xxxxx as the Independent Financial Adviser independent financial adviser to advise the Independent Board Committee and the Independent Shareholders in the same regard.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee comprising all independent non-executive Directors has been formed established to advise the Independent Shareholders on in respect of the Continuing Connected Transaction (including New Framework Agreements and the Annual Caps)related annual caps. The Company has appointed Xxxxxxxx as None of the members of the Independent Financial Adviser Board Committee has any material interest in the New Framework Agreements. An independent financial adviser will be appointed by the Company to advise the Independent Board Committee and the Independent Shareholders in respect of the same regardNew Framework Agreements and the related annual caps.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Company has established an Independent Board Committee comprising all the independent non-executive Directors has been formed to advise the Independent Shareholders on in connection with the Continuing Connected Transaction (including entry into of the Annual Caps)Services Agreement and the continuing connected transactions contemplated thereunder. The Company Somerley Capital has been appointed Xxxxxxxx as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in the same this regard.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The An Independent Board Committee comprising all independent non-executive Directors has been formed established to advise the Independent Shareholders on in respect of the Continuing Connected Transaction (including Sale and Purchase Agreement, the Annual Caps)Deed of Amendment and the transactions contemplated thereunder. The Company Somerley Capital Limited has been appointed Xxxxxxxx as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in the same this regard.

INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER. The Independent Board Committee comprising all the independent non-non- executive Directors has been formed to advise give recommendation to the Independent Shareholders on in relation to the Continuing Connected Transaction (including entering into the Supplemental Agreement and the Proposed Annual Caps)Caps taking into consideration of the advice to be given by the Independent Financial Adviser. The Company Somerley has been appointed Xxxxxxxx as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in the same this regard.