Investment holdings

First Shanghai Investments Limited (¡§FSIL¡¨)
Listed on the Hong Kong Stock Exchange (stock code : HK227) , FSIL is principally engaged in financial services (covering corporate finance, stockbroking, fund management, financial information services and e-finance), as well as direct investments in Chinese Mainland in such economically vibrant regions as Shanghai, the Yangtze River Delta Area, and Shenzhen. The objective of FSIL¡¦s investment strategy is to effectively utilize its position through its controlling interest in companies while seeking opportunities for further market expansion. At present, FSIL's direct investments in China include property development, container transportation and freight forwarding, hotel investment, health care and vehicle instruments.

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