Shareholding Structure

1. Mr. Shi Jian, the executive chairman of our Company and his spouse own in aggregate 63% of the issued share capital of SREI whereas Mr. Li Yao Min, an executive Director and our chief executive officer and co-vice chairman, and Mr. Yue Wai Leung Stan, a non-independent non-executive Director, respectively own 5% and 2% of the issued share capital of SREI.
2. Such 61.54% interest comprises approximately 50.04% of the total number of issued Shares held directly by Sinopower, approximately 9.5% of the total number of issued Shares lent to J.P. Morgan Securities pursuant to the Stock Borrowing and Lending Agreement and approximately 2% of the total number of issued Shares deemed acquired by Sinopower pursuant to the Sale and Repurchase Agreement.
3. The Directors refer to Mr. Li Yao Min, Mr. Yue Wai Leung Stan, Ms. Gu Biya, Mr. Mao Yiping, Mr. Yang Yonggang, Mr. Henry Tan Song Kok and Mr. Loh Weng Whye which held 0.04%, 0.02%, 0.02%, 0.02%, 0.03%, 0.003% and 0.02% of the issued Shares as at the Latest Practicable Date.
4. OZ Master Fund, Ltd., OZ Asia Master Fund, Ltd. and the other funds managed by OZM are all funds managed by OZM and/or OZM’s wholly-owned subsidiary on a discretionary basis. OZH is the sole general partner of, and is authorized to manage and represent OZM. OZCM is the sole shareholder in OZH and Mr. Daniel Saul Och holds more than 70% of the voting rights in OZCM.
5. All minority shareholders of our Company’s subsidiaries are independent third parties (save for their being substantial shareholders in the relevant subsidiary where they hold 10% or more interests in such subsidiary).
6. Companies marked with “#” are principal operating subsidiaries of our Group.