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( )0.5 (of)6 ( )0.5 (the)6.1 ( )0.5 (transaction)6 ( )0.5 (contemplated)6 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 TD [(under)1 ( )0.5 (the)1 ( )0.5 (Cooperation)1 ( )0.5 (Agreement)1 ( )0.5 (exceeds)1 ( )0.5 (5)1 (%)1 ( )0.6 (but)1 ( )0.5 (is)1 ( )0.5 (less)1 ( )0.5 (than)1 ( )0.5 (2)1 (5)1 (%,)1 ( )0.5 (the)1 ( )0.5 (entering)1 ( )0.5 (into)1 ( )]TJ 0.031 Tc 0.077 Tw T* [(o)0.5 (f)6 ( )0.5 (t)0.6 (h)0.5 (e)6 ( )0.5 (C)0.5 (o)0.5 (o)0.5 (p)0.6 (e)0.5 (r)0.5 (a)0.6 (t)0.5 (i)0.5 (o)0.5 (n)6 ( )0.5 (A)0.5 (g)0.6 (r)0.5 (e)0.5 (e)0.6 (m)0.5 (e)0.5 (n)0.5 (t)6 ( )0.5 (c)0.6 (o)0.5 (n)0.5 (s)0.5 (t)0.5 (i)0.6 (t)0.5 (u)0.5 (t)0.5 (e)0.5 (s)6 ( )0.5 (a)6.1 ( )0.5 (d)0.5 (i)0.5 (s)0.5 (c)0.6 (l)0.5 (o)0.5 (s)0.5 (e)0.6 (a)0.5 (b)0.5 (l)0.5 (e)6 ( )0.5 (t)0.6 (r)0.5 (a)0.5 (n)0.5 (s)0.6 (a)0.5 (c)0.5 (t)0.5 (i)0.6 (o)0.5 (n)6 ( )0.5 (o)0.5 (f)6 ( )0.5 (t)0.5 (h)0.5 (e)6.1 ( )0.5 (C)0.5 (o)0.5 (m)0.5 (p)0.5 (a)0.6 (n)0.5 (y)6 ( )]TJ 0.025 Tc 0.04 Tw T* (under Chapter 14 of the Listing Rules and is subject to the announcement\ requirement )Tj 0 Tw T* (under Chapter 14 of the Listing Rules.)Tj /T1_1 1 Tf -0.025 Tw 0 -2.462 TD (DEFINITIONS)Tj /T1_0 1 Tf 0.028 Tw 0 -2.462 TD (In this announcement, unless the context otherwise requires, the followi\ ng expressions )Tj 0 Tw 0 -1.231 TD (shall have the following meanings:)Tj -0.025 Tw 0 -2.462 TD (\223Board\224)Tj 0 Tw 10.902 0 Td (the board of Directors of the Company)Tj -0.025 Tw -10.902 -2.462 Td (\223Company\224)Tj 0.038 Tc 0.07 Tw 10.902 0 Td [(G)0.5 (a)0.5 (n)0.5 (f)0.5 (e)0.5 (n)0.5 (g)13 ( )0.5 (L)0.5 (i)0.5 (t)0.5 (h)0.5 (i)0.5 (u)0.5 (m)13 ( )0.5 (C)0.5 (o)0.5 (.)0.5 (,)13 ( )0.5 (L)0.5 (t)0.5 (d)0.5 (.)13 ( \()]TJ /C0_0 1 Tf 0.39 Tc -0.39 Tw 12.66 0 Td [<03EA0413>0.5 <172F125C>0.5 <125E0E380670>0.5 <038503DE0822>]TJ 1.033 Tc -1.033 Tw -12.66 -1.231 Td <02AE0321>Tj /T1_0 1 Tf 0.046 Tc 0.07 Tw 3.191 0 Td [(\),)12.9 ( a)12.9 ( joint)12.9 ( stock)12.9 ( company)12.9 ( established)12.9 ( in)12.9 ( the)13 ( PRC)12.9 ( on)21 ( )]TJ 0.039 Tc -3.191 -1.231 Td [(March)12.9 ( 2)12.9 (,)12.9 ( 2)12.9 (0)12.9 (0)12.9 (0)12.9 ( and)12.9 ( c)0.5 (on)0.5 (ve)0.5 (rted)12.9 ( from)12.9 ( our)12.9 ( predece)0.5 (ssor)12.9 ( Jiangxi)14 ( )]TJ 0.036 Tc 0.072 Tw 0 -1.231 TD [(Ganfeng)11 ( )0.5 (Lithium)11 ( )0.5 (Company)11 ( )0.5 (Limited)11 ( )0.5 (\()]TJ /C0_0 1 Tf 0.225 Tc -0.225 Tw 16.591 0 Td <03EA0413172F125C125E0E3803DE0822>Tj -16.591 -1.231 Td <02AE0321>Tj /T1_0 1 Tf 0.025 Tc 0.069 Tw 2.375 0 Td (, formerly known as Xinyu Ganfeng Lithium Company )Tj 0.038 Tc 0.07 Tw -2.375 -1.231 Td [(L)0.5 (i)0.5 (m)0.5 (i)0.5 (t)0.5 (e)0.5 (d)13 ( )0.5 (\()]TJ /C0_0 1 Tf 0.352 Tc -0.352 Tw 4.257 0 Td <0E2D042F172F125C125E0E3803DE082202AE0321>Tj /T1_0 1 Tf 0.038 Tc 0.07 Tw 13.318 0 Td [(\))0.5 (\))13 ( )0.5 (i)0.5 (n)0.5 (t)0.5 (o)13 ( )0.5 (a)13 ( )0.5 (j)0.5 (o)0.5 (i)0.5 (n)0.5 (t)13 ( )0.5 (s)0.5 (t)0.5 (o)0.5 (c)0.5 (k)13 ( )]TJ 0.066 Tc -17.575 -1.231 Td [(company)12.9 ( with)12.9 ( limited)12.9 ( lia)0.5 (bility)12.9 ( under)12.9 ( the)12.9 ( PRC)12.9 ( Company)41 ( )]TJ 0.059 Tc 0 -1.231 TD [(Law)12.6 ( on)12.6 ( December)12.6 ( 1)12.6 (8)12.6 (,)12.5 ( 2)12.6 (0)12.6 (0)12.6 (7)12.6 (,)12.5 ( the)12.6 ( A)12.6 ( Shares)12.6 ( of)12.6 ( which)12.5 ( have)34 ( )]TJ 0.025 Tc 0.044 Tw 0 -1.231 TD (been listed on the SZSE since August 10, 2010 \(Stock Code: )Tj 0.025 Tw T* (002460\), the H share of which have been listed on The Stock )Tj 0.043 Tc 0.07 Tw T* [(Exchange)12.1 ( of)12.1 ( Hong)12.1 ( Kong)12 ( Limited)12 ( \(Stock)12 ( Code:)12.1 ( 1)12.1 (7)12 (7)12.1 (2)12.1 (\)\))12.1 ( and)18 ( )]TJ 0.062 Tc T* [(except)12.6 ( where)12.5 ( the)12.5 ( context)12.6 ( otherwise)12.6 ( requires)12.6 ( includes)12.6 ( its)37 ( )]TJ 0.025 Tc 0 Tw T* (predecessors and subsidiaries)Tj -0.025 Tw -10.902 -2.462 Td (\223Director\(s\)\224)Tj 0 Tw 10.902 0 Td (the director\(s\) of the Company)Tj -0.025 Tw -10.902 -2.462 Td (\223Group\224)Tj 0 Tw 10.902 0 Td (the Company and its subsidiaries)Tj ET endstream endobj 16 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No shareholder, other than Jiangxi Jiangte Industrial \ Co., Ltd.* )Tj 0.08 Tw T* (and Chen Xiaohong, holds over 10% of shares in Jiangxi Jiangte Electric \ Group )Tj 0.053 Tw T* (Co., Ltd.*. 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No. 62 Single Asset )Tj T* (Management Programme* \()Tj /C0_0 1 Tf 0.225 Tc -0.225 Tw 11.92 0 Td <09CC0BB70A3F>Tj -11.92 -1.231 Td [<0696>200 <00D1>200 <0FB9062A10D50411>200 <00D1>200 <09CC0BB70A3F0696>200 <00D1>200 <03C4039B>]TJ /T1_0 1 Tf 0.025 Tc -0.025 Tw 15.875 0 Td (62)Tj /C0_0 1 Tf 0.225 Tc -0.225 Tw -15.875 -1.231 Td <0EEE0C0A02530F1F0B2A104D0B2308070F8C>Tj /T1_0 1 Tf 0 Tc 0 Tw 10.95 0 Td (\))Tj 0.025 Tc -0.025 Tw 8.413 4.923 Td (23,714,347)Tj 10.596 0 Td (1.39)Tj 2.851 0 Td (Other)Tj 0 Tw -33.862 -6.154 Td (Chen Baohua \()Tj /C0_0 1 Tf 0.225 Tc -0.225 Tw 6.449 0 Td <0BD306AD0D36>Tj /T1_0 1 Tf 0 Tc 0 Tw 3.6 0 Td (\))Tj 0.025 Tc -0.025 Tw 10.366 0 Td (10,655,829)Tj 10.596 0 Td (0.62)Tj 0.022 Tc 0 Tw 2.851 0 Td [(D)0.5 (o)0.5 (me)0.5 (s)0.5 (t)0.5 (i)0.5 (c)0.5 ( n)0.5 (a)0.5 (t)0.5 (u)0.5 (ra)0.5 (l)-3 ( )]TJ 0.025 Tc -0.025 Tw 1.052 -1.231 Td (person)Tj ET endstream endobj 24 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 4 \226)Tj /T1_1 1 Tf 13 0 0 13 56.6929 770.8479 Tm (Management Fee and )Tj 1.003 -1.231 Td (its settlement:)Tj /T1_0 1 Tf 0.068 Tc 0.07 Tw 9.899 1.231 Td [(Both)12.8 ( Parties)12.8 ( determined)12.8 ( after)12.8 ( arm\222s)12.8 ( length)12.8 ( negotiations)43 ( )]TJ 0.076 Tc 0 -1.231 TD [(th)0.5 (at)12.9 ( P)0.5 (art)0.5 (y)12.9 ( B)12.9 ( )0.5 (sha)0.5 (ll,)13 ( dur)0.5 (ing)12.9 ( )0.5 (the)13 ( Ma)0.5 (nage)0.5 (men)0.5 (t)12.9 ( Pe)0.5 (rio)0.5 (d,)12.9 ( p)0.5 (ay)51 ( )]TJ 0.057 Tc T* [(the)12.8 ( management)12.8 ( fee)12.9 ( of)12.9 ( RMB)12.9 ( 1)12.9 (9)12.8 (2)12.9 (,)12.8 (0)12.8 (0)12.9 (0)12.8 (,)12.9 (0)12.8 (0)12.8 (0)12.9 ( \(including)12.9 ( tax,)31.9 ( )]TJ 0.04 Tc T* [(approximately)12.1 ( HK$)12.1 ( 2)12.1 (1)12.1 (5)12.1 (,)12.2 (3)12.1 (8)12.1 (0)12.1 (,)12.1 (0)12.1 (0)12.1 (0)12.1 (\))12.1 ( to)12.1 ( Party)12.1 ( A)12.1 ( in)12.1 ( total.)12.2 ( Party)15 ( )]TJ 0.086 Tc 0.082 Tw T* [(B w)-12.3 (i)-12.5 (l)-12.3 (l p)-12.4 (a)-12.4 (y R)-12.4 (M)-12.3 (B 19,200,000, R)-12.4 (M)-12.4 (B 76,800,000, R)-12.4 (M)-12.3 (B)61 ( )]TJ 0.052 Tc T* [(76,800,000, R)-12.1 (M)-12.2 (B 19,200,000 t)-12.1 (o P)-12.2 (a)-12.1 (r)-12.1 (t)-12.1 (y A r)-12.1 (e)-12.1 (s)-12.1 (p)-12.2 (e)-12.1 (c)-12.1 (t)-12.1 (i)-12.2 (v)-12.1 (e)-12.1 (l)-12.1 (y o)-12.1 (n)26.9 ( )]TJ 0.024 Tc 0 Tw T* [(December 31, 2020, December 31, 2021, December 31, 2022,)-1 ( )]TJ 0.044 Tc 0.07 Tw 0 -1.231 TD [(March)12.3 ( 3)12.3 (1)12.4 (,)12.3 ( 2)12.3 (0)12.3 (2)12.3 (3)12.3 (.)12.4 ( The)12.3 ( management)12.4 ( fee)12.4 ( is)12.3 ( determined)12.3 ( based)19 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.231 TD (on the depreciation, amortization, and relevant tax associated )Tj 0 Tw T* (with the Cooperation Assets.)Tj /T1_1 1 Tf -10.902 -2.462 Td (Effectiveness of and )Tj 1.003 -1.231 Td (prerequisites for )Tj T* (the Cooperation )Tj -0.025 Tw T* (Agreement:)Tj /T1_0 1 Tf 0.054 Tc 0.07 Tw 9.899 3.692 Td [(1)13 (\))13.1 ( )0.6 (T)0.5 (h)0.5 (e)13.1 ( )0.6 (C)0.5 (o)0.6 (o)0.5 (p)0.5 (e)0.6 (r)0.6 (a)0.5 (t)0.6 (i)0.5 (o)0.6 (n)13 ( )0.5 (A)0.6 (g)0.6 (r)0.5 (e)0.6 (e)0.5 (m)0.6 (e)0.5 (n)0.6 (t)13 ( )0.6 (h)0.5 (a)0.6 (s)13 ( )0.6 (b)0.5 (e)0.6 (e)0.6 (n)13 ( )0.6 (a)0.5 (p)0.5 (p)0.6 (r)0.6 (o)0.5 (v)0.5 (e)0.6 (d)13 ( )0.6 (b)0.5 (y)13.1 ( )0.5 (t)0.6 (h)0.5 (e)29 ( )]TJ 0.068 Tc T* [(authorised)12.4 ( organization)12.4 ( \(such)12.5 ( as)12.4 ( the)12.5 ( board)12.5 ( of)12.5 ( directors/)]TJ 0.095 Tc 0.069 Tw T* [(t)0.5 (h)0.6 (e)13.1 ( g)0.6 (e)0.5 (n)0.6 (e)0.5 (r)0.6 (a)0.5 (l)13.1 ( m)0.6 (e)0.5 (e)0.6 (t)0.6 (i)0.5 (n)0.5 (g)0.6 (\))13 ( o)0.5 (f)13.1 ( P)0.6 (a)0.6 (r)0.5 (t)0.6 (y)13 ( A)0.5 (;)13.1 ( 2)13.1 (\))13 ( T)0.5 (h)0.6 (e)13 ( C)0.5 (o)0.6 (o)0.5 (p)0.6 (e)0.5 (r)0.6 (a)0.6 (t)0.5 (i)0.6 (o)0.5 (n)70 ( )]TJ 0.063 Tc 0.07 Tw T* [(Agreement)12.1 ( has)12.2 ( been)12.2 ( approved)12.2 ( by)12.2 ( the)12.1 ( \(such)12.2 ( as)12.2 ( the)12.1 ( board)38 ( )]TJ 0.053 Tc T* [(of)13 ( )0.5 (di)0.5 (re)0.5 (c)0.5 (to)0.5 (rs)0.5 (\))13 ( o)0.5 (f)13 ( P)0.5 (ar)0.5 (ty)13 ( )0.5 (B;)13 ( 3)13 (\))13 ( t)0.5 (he)13 ( )0.5 (Co)0.5 (op)0.5 (er)0.5 (a)0.5 (ti)0.5 (on)13 ( A)0.5 (r)0.5 (ra)0.5 (n)0.5 (ge)0.5 (me)0.5 (n)0.5 (t)28 ( )]TJ 0.056 Tc T* [(under)12.5 ( The)12.6 ( Cooperation)12.5 ( Agreement)12.6 ( has)12.6 ( been)12.5 ( approved)12.5 ( by)31 ( )]TJ 0.035 Tc 0.073 Tw T* [(the)10 ( )0.5 (mortgagee\(s\))10 ( )0.5 (and)10 ( )0.5 (pledgee\(s\))10 ( )0.5 (of)10.1 ( )0.5 (the)10 ( )0.5 (Cooperation)10 ( )0.5 (Assets.)10 ( )]TJ 0.04 Tc 0.07 Tw T* [(Upon)12.8 ( the)12.9 ( entering)12.8 ( into)12.8 ( of)12.8 ( The)12.8 ( Cooperation)12.8 ( Agreement,)12.9 ( the)15 ( )]TJ 0.025 Tc 0.064 Tw T* (effectiveness of the Cooperation Agreement shall take effect )Tj 0 Tw 0 -1.231 TD (subject to the fulfillment of the aforesaid prerequisites.)Tj /T1_1 1 Tf -10.902 -2.335 Td (Information on the Company)Tj /T1_0 1 Tf 0.031 Tc 0.077 Tw 0 -2.462 TD [(The)6 ( )0.5 (Company)6 ( )0.5 (is)6 ( )0.5 (principally)6 ( )0.5 (engaged)6 ( )0.5 (in)6 ( )0.5 (the)6 ( )0.5 (production)6 ( )0.5 (of)6.1 ( )0.5 (lithium)6 ( )0.5 (hydroxide,)6 ( )0.5 (lithium)6 ( )]TJ 0.048 Tc 0.07 Tw 0 -1.231 TD [(compound,)12.1 ( lithium)12 ( fluoride)12 ( and)12.1 ( butyl)12 ( lithium;)12.1 ( and)12 ( the)12.1 ( production,)12 ( processing)12.1 ( and)23 ( )]TJ 0.046 Tc T* [(s)0.5 (a)0.5 (l)0.5 (e)0.5 (s)13 ( )0.5 (of)13 ( )0.5 (n)0.5 (o)0.5 (n)0.5 (-f)0.5 (e)0.5 (r)0.5 (r)0.5 (o)0.5 (u)0.5 (s)13 ( )0.5 (me)0.6 (ta)0.5 (l)0.5 (s)0.5 (,)13 ( )0.5 (b)0.5 (at)0.5 (t)0.5 (e)0.5 (r)0.5 (i)0.5 (e)0.5 (s)0.5 (,)13 ( )0.5 (in)0.5 (s)0.5 (t)0.5 (r)0.5 (u)0.5 (me)0.5 (n)0.5 (t)0.5 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)12.9 ( )0.5 (c)0.5 (o)0.5 (m)0.5 (p)0.5 (o)0.5 (ne)0.5 (n)0.5 (t)0.5 (s)0.5 (,)13 ( )0.5 (m)0.5 (ac)0.5 (h)0.5 (i)0.5 (n)0.5 (e)0.5 (r)0.5 (y)13 ( )0.5 (a)0.5 (nd)21 ( )]TJ 0.025 Tc 0 Tw T* (equipment, chemical products, chemical raw materials and chemical produc\ ts.)Tj /T1_1 1 Tf 0 -2.462 TD (Information on Party A)Tj /T1_0 1 Tf 0.071 Tw T* [(1. )-1034.5 (Jiangxi Special is a joint stock company established in the PRC, the A s\ hares of )]TJ 0.024 Tc 0 Tw 2.18 -1.231 Td [(which have been listed on the SZSE since October 12, 2007\(Stock Code: 0\ 02176\).)-1 ( )]TJ 0.025 Tc 0.05 Tw 0 -1.231 TD (Jiangxi Special is principally engaged in two major business segments, i\ ncluding )Tj 0.048 Tc 0.07 Tw 0 -1.231 TD [(lithium)12.7 ( battery)12.7 ( business)12.7 ( and)12.7 ( smart)12.7 ( motor)12.7 ( business,)12.8 ( among)12.7 ( which,)12.8 ( the)12.7 ( lithium)23 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 TD (battery business includes exploitation of lithium minerals, processing o\ f lepidolite )Tj T* (and spodumene, and scale production of lithium compound.)Tj ET endstream endobj 23 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 3 \226)Tj 0.028 Tc 0.08 Tw 13 0 0 13 198.4252 770.8479 Tm [(4)3 (.)3 ( )-1022.5 (From)3 ( )0.5 (the)3 ( )0.5 (effective)3.1 ( )0.5 (date)3.1 ( )0.5 (of)3 ( )0.5 (the)3 ( )0.6 (Cooperation)3 ( )0.5 (Agreement,)2.9 ( )]TJ 0.066 Tc 0.07 Tw 2.181 -1.231 Td [(Party)12.3 ( B)12.4 ( shall)12.3 ( lead)12.3 ( the)12.3 ( technological)12.3 ( transformation)41 ( )]TJ 0.074 Tc 0 -1.231 TD [(of)12.5 ( the)12.5 ( Lithium)12.4 ( Salt)12.4 ( Production)12.4 ( Lines,)12.5 ( and)12.5 ( Party)12.4 ( A)49.1 ( )]TJ 0.09 Tc T* [(shall)12.5 ( actively)12.5 ( cooperate)12.5 ( with)12.6 ( the)12.5 ( aforementioned)65 ( )]TJ 0.054 Tc T* [(technological)12.3 ( transformation)12.4 ( and)12.4 ( provide)12.4 ( reasonable)29 ( )]TJ 0.082 Tc T* [(support)12.8 ( and)12.7 ( assistance;)12.7 ( the)12.7 ( specific)12.8 ( technological)57 ( )]TJ 0.048 Tc T* [(tr)0.5 (a)0.5 (nsf)0.5 (or)0.5 (ma)0.5 (ti)0.5 (on)13 ( pl)0.5 (an)13 ( a)0.5 (nd)13 ( t)0.5 (ec)0.5 (hn)0.5 (olo)0.5 (gi)0.5 (ca)0.5 (l)12.9 ( )0.5 (tr)0.5 (an)0.5 (sf)0.5 (or)0.5 (ma)0.5 (tio)0.5 (n)23 ( )]TJ 0.082 Tc 0 -1.231 TD [(c)0.5 (o)0.5 (s)0.5 (t)0.5 (s)13 ( )0.5 (s)0.5 (ha)0.5 (l)0.5 (l)13 ( )0.5 (b)0.5 (e)13 ( )0.5 (d)0.5 (e)0.5 (t)0.5 (e)0.5 (r)0.5 (m)0.5 (in)0.5 (e)0.5 (d)13 ( )0.5 (b)0.5 (y)13 ( )0.5 (P)0.5 (a)0.5 (r)0.5 (ty)13 ( )0.5 (A)13 ( )0.5 (a)0.5 (n)0.5 (d)13 ( )0.5 (P)0.5 (a)0.5 (r)0.5 (ty)13 ( )0.5 (B)57 ( )]TJ 0.037 Tc 0.071 Tw 0 -1.231 TD [(through)12 ( )0.5 (mutual)12 ( )0.5 (negotiation;)12 ( )0.5 (the)12 ( )0.5 (relevant)11.9 ( )0.6 (technological)12 ( )]TJ 0.025 Tc 0.043 Tw T* (transformation costs shall be borne by Party A and paid )Tj 0 Tw T* (by Party B in advance, which shall be deducted from the )Tj T* (management fee payable in 2020 and 2021 thereafter.)Tj 0.067 Tc 0.07 Tw -2.181 -2.462 Td [(5)42 (.)42 ( )-993.5 (During)12.6 ( the)12.6 ( Management)12.6 ( Period,)12.6 ( Party)12.7 ( B)12.6 ( shall)12.7 ( have)42 ( )]TJ 0.031 Tc 0.077 Tw 2.181 -1.231 Td [(the)6 ( )0.5 (right)6 ( )0.5 (to)6 ( )0.5 (choose)6.1 ( )0.5 (to)6 ( )0.5 (purchase)6 ( )0.5 (the)6 ( )0.5 (Cooperation)6 ( )0.5 (Assets)6 ( )]TJ 0.089 Tc 0.07 Tw T* [(from)12.3 ( Party)12.4 ( A)12.3 ( at)12.3 ( a)12.4 ( price)12.3 ( not)12.3 ( higher)12.3 ( than)12.3 ( the)12.3 ( book)64 ( )]TJ 0.054 Tc T* [(value)12.6 ( of)12.6 ( the)12.6 ( Cooperation)12.6 ( Assets.)12.5 ( Upon)12.5 ( expiration)12.6 ( of)29 ( )]TJ 0.051 Tc T* [(the)12.4 ( Management)12.4 ( Period,)12.4 ( Party)12.3 ( B)12.4 ( shall)12.4 ( have)12.4 ( the)12.4 ( right)26 ( )]TJ 0.064 Tc T* [(to)12.7 ( choose)12.8 ( 1)12.8 (\))12.7 ( to)12.8 ( continue)12.7 ( to)12.8 ( operate)12.7 ( and)12.7 ( manage)12.8 ( the)39 ( )]TJ 0.035 Tc 0.073 Tw T* [(Cooperation)10 ( )0.5 (Assets;)10 ( )0.5 (or)10 ( )0.5 (2)10 (\))10 ( )0.6 (to)10 ( )0.5 (purchase)10 ( )0.6 (the)10.1 ( )0.5 (Cooperation)10 ( )]TJ 0.025 Tc 0.051 Tw 0 -1.231 TD [(Assets )0.5 (from )0.5 (Party A )0.5 (at )0.5 (a price not )0.5 (higher than )0.5 (the )0.5 (book )]TJ 0.032 Tc 0.076 Tw 0 -1.231 TD [(value)7 ( )0.5 (of)7 ( )0.5 (the)7 ( )0.5 (Cooperation)7 ( )0.5 (Assets.)7.1 ( If)7 ( )0.5 (Party)7 ( )0.5 (B)7 ( )0.5 (chooses)7 ( )0.5 (to)7.1 ( )]TJ 0.025 Tc 0.006 Tw T* (purchase Cooperation Assets from Party A at a price not )Tj 0.039 Tc 0.07 Tw T* [(h)0.5 (i)0.6 (g)0.5 (h)0.5 (e)0.6 (r)13 ( )0.5 (t)0.6 (h)0.5 (a)0.5 (n)13 ( )0.6 (t)0.5 (h)0.5 (e)13.1 ( )0.5 (b)0.5 (o)0.6 (o)0.5 (k)13 ( )0.5 (v)0.6 (a)0.5 (l)0.6 (u)0.5 (e)13 ( )0.6 (o)0.5 (f)13 ( )0.6 (t)0.5 (h)0.5 (e)13 ( )0.6 (C)0.5 (o)0.5 (o)0.6 (p)0.5 (e)0.5 (r)0.6 (a)0.5 (t)0.5 (i)0.6 (o)0.5 (n)13 ( )0.6 (A)0.5 (s)0.5 (s)0.6 (e)0.5 (t)0.5 (s)0.6 (,)14 ( )]TJ 0.032 Tc 0.076 Tw T* [(the)7 ( )0.5 (specific)7.1 ( )0.5 (transaction)7 ( )0.5 (amount)6.9 ( )0.5 (shall)7 ( )0.5 (be)7 ( )0.5 (determined)7 ( )0.5 (by)7 ( )]TJ 0.025 Tc 0.079 Tw T* (both Party A and Party B through negotiation based on )Tj 0.047 Tc 0.07 Tw T* [(the)12.9 ( audited)12.9 ( valuation)12.9 ( results)12.8 ( a)0.5 (t)12.9 ( the)12.9 ( time,)12.9 ( and)12.9 ( Party)12.9 ( A)22.1 ( )]TJ 0.025 Tc 0.056 Tw T* (shall fully cooperate. If Party A violates this agreement )Tj 0.03 Tc 0.078 Tw T* [(and)5 ( )0.5 (refuses)5 ( )0.5 (to)5 ( )0.5 (transfer)5 ( )0.5 (the)5 ( )0.5 (Cooperation)5 ( )0.5 (Assets)5 ( )0.5 (to)5 ( )0.5 (Party)5 ( )]TJ 0.031 Tc 0.077 Tw T* [(B,)6 ( )0.5 (Party)6 ( A)6.1 ( )0.5 (shall)6 ( )0.5 (compensate)6 ( )0.5 (Party)6 ( )0.5 (B)6 ( )0.5 (the)6 ( )0.5 (amount)6 ( )0.5 (twice)6 ( )]TJ 0.047 Tc 0.07 Tw T* [(as)12.8 ( much)12.8 ( as)12.8 ( the)12.8 ( amount)12.8 ( paid)12.9 ( by)12.8 ( Party)12.8 ( B)12.8 ( in)12.8 ( relation)12.8 ( to)22 ( )]TJ 0.053 Tc T* [(management)12.6 ( fee,)12.5 ( technological)12.5 ( transformation)12.5 ( costs,)28 ( )]TJ 0.068 Tc T* [(l)0.5 (it)0.5 (h)0.5 (iu)0.5 (m)12.9 ( )0.5 (s)0.5 (al)0.5 (t)13 ( p)0.5 (r)0.5 (od)0.5 (u)0.5 (ct)0.5 (i)0.5 (on)13 ( l)0.5 (i)0.5 (ne)13 ( )0.5 (la)0.5 (b)0.5 (ou)0.5 (r)13 ( c)0.5 (o)0.5 (s)0.5 (ts)13 ( u)0.5 (n)0.5 (de)0.5 (r)13 ( t)0.5 (h)0.5 (is)43 ( )]TJ 0.025 Tc -0.025 Tw T* (agreement.)Tj 0.045 Tc 0.07 Tw -2.181 -2.462 Td [(6)20 (.)20 ( )-1015.5 (For)12.4 ( the)12.5 ( purpose)12.5 ( of)12.4 ( the)12.5 ( Cooperation)12.5 ( Agreement,)12.4 ( Party)20 ( )]TJ 0.04 Tc 2.181 -1.231 Td [(A)13 ( )0.5 (h)0.5 (a)0.5 (s)13 ( )0.6 (a)0.5 (g)0.5 (r)0.5 (e)0.5 (e)0.5 (d)13 ( )0.5 (t)0.5 (o)13 ( )0.5 (m)0.5 (o)0.5 (r)0.5 (t)0.5 (g)0.5 (a)0.5 (g)0.5 (e)13 ( )0.6 (a)0.5 (n)0.5 (d)13 ( )0.5 (p)0.5 (l)0.5 (e)0.5 (d)0.5 (g)0.5 (e)13 ( )0.5 (t)0.5 (h)0.5 (e)13 ( )0.5 (C)0.5 (o)0.5 (o)0.5 (p)0.5 (e)0.5 (r)0.6 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)15 ( )]TJ 0.082 Tc T* [(Assets)12.4 ( to)12.4 ( Party)12.3 ( B,)12.3 ( and)12.3 ( provide)12.3 ( guarantees)12.3 ( for)12.3 ( the)57 ( )]TJ 0.065 Tc T* [(compensation)12.4 ( and)12.5 ( indemnity)12.5 ( payable)12.5 ( by)12.5 ( Party)12.4 ( A)12.5 ( to)40 ( )]TJ 0.025 Tc 0 Tw T* (Party B.)Tj ET endstream endobj 22 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 2 \226)Tj /T1_1 1 Tf 13 0 0 13 56.6929 776.409 Tm (THE COOPERATION AGREEMENT)Tj /T1_0 1 Tf 0 -2.462 TD (The principal terms of the Cooperation Agreement are as follows:)Tj /T1_1 1 Tf -0.025 Tw T* (Date:)Tj /T1_0 1 Tf 0 Tw 10.902 0 Td (August 19, 2020 \(after trading hours\))Tj /T1_1 1 Tf -0.025 Tw -10.902 -2.462 Td (Parties:)Tj /T1_0 1 Tf 0 Tw 10.902 0 Td [(\(i\) )-886.5 (Party B: The Company; and)]TJ 0 -2.462 TD [(\(ii\) )-583.5 (Party A: Jiangxi Special, Jiangxi Jiangte, Yichun Yinli)]TJ 0.052 Tc 0.07 Tw 0 -2.462 TD [(To)12.7 ( the)12.7 ( best)12.7 ( of)12.7 ( the)12.7 ( Directors\222)12.7 ( knowledge,)12.7 ( information)12.7 ( and)27 ( )]TJ 0.025 Tc 0.04 Tw 0 -1.231 TD (belief and having made all reasonable enquiries, Party A and )Tj 0.037 Tc 0.071 Tw T* [(their)12 ( )0.5 (respective)12.1 ( )0.5 (ultimate)12.1 ( )0.5 (beneficial)12 ( )0.5 (owners)12 ( )0.5 (are)12 ( )0.5 (third)12.1 ( )0.5 (parties)12 ( )]TJ 0.025 Tc 0 Tw T* (independent of the Company.)Tj /T1_1 1 Tf -10.902 -2.462 Td (Term of the agreement:)Tj /T1_0 1 Tf 0.02 Tw 10.902 0 Td (From October 1, 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The term of )Tj 0.055 Tw 0 -1.231 TD (cooperation will commence from October 1, 2020 and expire on March 31, 2\ 023. 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