Organizational structure of China Resources Investment Asset Management Co., Ltd.

The Financial Services Department is a professional department engaged in the investment, integration and management of financial assets on behalf of China Resources Group, shouldering the responsibility of maintaining and increasing the value of financial assets of China Resources Group, and expanding the scale and market influence of financial assets. By the end of 2007, the asset management scale of simulated consolidated statements of the Financial Services Department reached 8.52 billion yuan, and the net profit reached 535 million yuan. In addition to the continuous management of China Resources SZITIC and China Resources Leasing Company, this department is also responsible for the effective equity management of Huatai Insurance and Huatai Life Insurance.

In addition, according to the development strategy of the combination of industry and finance of China Resources Group, the Financial Services Department also pays special attention to the investment opportunities in the financial equity of banks, actively cooperates with other departments of the Group to build the financial platform of China Resources Group, and tries to make use of the development mode that financial assets such as banks, trusts, leasing, insurance and securities go hand in hand with the industrial assets of China Resources Group. Under the guidance of the real estate business development strategy of China Resources Group, the Strategic Investment Department is engaged in the first-class land development business and cooperates vigorously with China Resources Land. Give full play to the advantages of the Group in financing, urban planning, real estate development, etc., and participate in the first-level land development work of various regional governments in China, so as to obtain land development rights or share land value-added benefits at a lower cost.

At the same time, research and cultivate new investment business, such as investment in water resources, minerals and other resources. In addition to the existing main business of the Group, through long-term follow-up research on the market development trends of various industries, we can find investment opportunities that meet the requirements of the Group, formulate relevant investment strategies, complete the preliminary investment and cultivation of new investment projects authorized by the Group, and make contributions to creating new profit growth points of the Group. According to the overall strategy of the Group, the Asset Management Department implements unified management of the Group's strategic investment projects and "non-core assets" arising from operation, asset reorganization and business integration, cleans up non-performing assets and low-return projects, effectively manages projects with value-added and potential value-added, finds the best time to quit, realizes asset value, and provides support for the Group to clarify its main business, implement its industry development strategy, improve asset quality and realize its investment income.

With regard to the liquidation of special assets, during the past 200 1 to 2007, * * * cleared 264 special assets and recovered cash and non-cash assets * * * reaching 800 million yuan.

In terms of strategic investment project management, the Group recovered more than HK$ 4.7 billion in investment income through the management of strategic investment projects in the past 2000-2007. Completed the withdrawal of more than 30 strategic investment projects of the Group, and successfully cashed in more than HK$ 654.38 billion.