Common use of No Binding Commitment Clause in Contracts

No Binding Commitment. This proposal is not a binding offer, agreement or an agreement to make a binding offer. This letter is a preliminary indication of interest by the Consortium and does not contain all matters upon which agreement must be reached in order to consummate the proposed Transaction, nor does it create any binding rights or obligations in favor of any person. A binding commitment will result only from the execution of Definitive Agreements, and then will be on the terms and conditions provided in such documentation. In closing, the Consortium would like to express its commitment to working together to bring this proposed Transaction to a successful and timely conclusion. Should you have any questions regarding this proposal, please do not hesitate to contact us. We look forward to hearing from you. Sincerely, TENCENT HOLDINGS LIMITED By: Name: Xx Xxxxxxx Title: Chairman of the Board of Directors Hammer Capital Opportunities General Partner as the general partner of Hammer Capital Opportunities Fund L.P. By: Name: Xxxxxx Xxxx Title: Authorised Signatory Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. The information set out below in this announcement is provided for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company. [logo of Yixin] YIXIN GROUP LIMITED 易鑫集團有限公司 (incorporated in the Cayman Islands with limited liability and carrying on business in Hong Kong as “Yixin Automotive Technology Group Limited”) (Stock Code: 2858) INSIDE INFORMATION ANNOUNCEMENT PURSUANT TO RULE 3.7 OF THE TAKEOVERS CODE

No Binding Commitment. This proposal is not a binding offer, agreement or an agreement to make a binding offer. This letter is a preliminary indication of interest by the Consortium and does not contain all matters upon which agreement must be reached in order to consummate the proposed Transaction, nor does it create any binding rights or obligations in favor of any person. A binding commitment will result only from the execution of Definitive Agreements, and then will be on the terms and conditions provided in such documentation. In closing, the Consortium would like to express its commitment to working together to bring this proposed Transaction to a successful and timely conclusion. Should you have any questions regarding this proposal, please do not hesitate to contact us. We look forward to hearing from you. Sincerely, TENCENT HOLDINGS LIMITED By: Name: Xx Xxxxxxx Title: Chairman of the Board of Directors Hammer Capital Opportunities General Partner as the general partner of Hammer Capital Opportunities Fund L.P. By: Name: Xxxxxx Xxxx Title: Authorised Signatory Submission Proof (2): 12 September 2019 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. The information set out below in this announcement is provided for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company. [logo of Yixin] YIXIN GROUP LIMITED 易鑫集團有限公司 (incorporated in the Cayman Islands with limited liability and carrying on business in Hong Kong as “Yixin Automotive Technology Group Limited”) (Stock Code: 2858) INSIDE INFORMATION ANNOUNCEMENT PURSUANT TO RULE 3.7 OF THE TAKEOVERS CODE

No Binding Commitment. This proposal is not a binding offer, agreement or an agreement to make a binding offer. This letter is a preliminary indication of interest by the Consortium and does not contain all matters upon which agreement must be reached in order to consummate the proposed Transaction, nor does it create any binding rights or obligations in favor of any person. A binding commitment will result only from the execution of Definitive Agreements, and then will be on the terms and conditions provided in such documentation. In closing, the Consortium would like to express its commitment to working together to bring this proposed Transaction to a successful and timely conclusion. Should you have any questions regarding this proposal, please do not hesitate to contact us. We look forward to hearing from you. Sincerely, TENCENT HOLDINGS LIMITED By: /s/ Xx Xxxxxxx Name: Xx Xxxxxxx Title: Chairman of the Board of Directors Hammer Capital Opportunities General Partner as the general partner of Hammer Capital Opportunities Fund L.P. By: /s/ Xxxxxx Xxxx Name: Xxxxxx Xxxx Title: Authorised Signatory Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. The information set out below in this announcement is provided for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company. [logo of Yixin] YIXIN GROUP LIMITED 易鑫集團有限公司 (incorporated in the Cayman Islands with limited liability and carrying on business in Hong Kong as “Yixin Automotive Technology Group Limited”) (Stock Code: 2858) INSIDE INFORMATION ANNOUNCEMENT PURSUANT TO RULE 3.7 OF THE TAKEOVERS CODE

No Binding Commitment. This proposal is not a binding offer, agreement or an agreement to make a binding offer. This letter is a preliminary indication of interest by the Consortium and does not contain all matters upon which agreement must be reached in order to consummate the proposed Transaction, nor does it create any binding rights or obligations in favor of any person. A binding commitment will result only from the execution of Definitive Agreements, and then will be on the terms and conditions provided in such documentation. In closing, the Consortium would like to express its commitment to working together to bring this proposed Transaction to a successful and timely conclusion. Should you have any questions regarding this proposal, please do not hesitate to contact us. We look forward to hearing from you. Sincerely, TENCENT HOLDINGS LIMITED By: Name: Xx Xxxxxxx Title: Chairman of the Board of Directors Hammer Capital Opportunities General Partner as the general partner of Hammer Capital Opportunities Fund L.P. By: Name: Xxxxxx Xxxx Title: Authorised Signatory Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. The information set out below in this announcement is provided for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company. [logo of Yixin] YIXIN GROUP LIMITED 易鑫集團有限公司 (incorporated in the Cayman Islands with limited liability and carrying on business in Hong Kong as “Yixin Automotive Technology Group Limited”) (Stock Code: 2858) INSIDE INFORMATION ANNOUNCEMENT PURSUANT TO RULE 3.7 OF THE TAKEOVERS CODECODE (1) NON-BINDING PROPOSAL LETTER RECEIVED BY THE CONTROLLING SHAREHOLDER OF THE COMPANY