
GEM GEM GEMGEMGEM GEMGEM P.O. Box 1350Windward 3, Regatta Office ParkGrand Cayman KY1-1108Cayman Islands 18323201 55 Ocorian Trust (Cayman) LimitedP.O. Box 1350Windward 3, Regatta Office ParkGrand Cayman KY1-1108Cayman Islands 1617 www.splendecor.com 8481.HK (i)(ii)(iii)(iv)PVC(v) PVC50040 260.613.6%5.7%17.6%PVC 171.415.18.8%186.5 58.016.127.7%74.128.4%25.3% 17.93.217.9%21.1(i)(ii) 29.47.224.5%36.6(i)(ii)(iii) 2.52.7104.3%5.2(i)(ii)(iii) 6.00.916.2%5.1 0.31.4 15.16.9 299.4303.268.577.3183.4237.11.631.28 334.8251.133.3%334.83.5%4.0%1.250.98 20.320.9 40538140.230.9 122,83618436,850,890 220.0236.1 36.436.9 259.7273.7 COVID-19 122,836184 1630 1 P.O. Box 1350, Windward 3,Regatta Office Park, Grand Cayman KY1-1108, Cayman Islands Bright Commerce Investment LimitedBrightCommerceBright Commerce 2 34 3 4 5 5.1 5.2 5 5.2 6 8 8 (a) 25% 9 (a) 15% (b) 1122,000,0008.25%2,000,00016.5% (c) 10%10%5% 10 11 4,788,0002,920,000 12 13 3 3311 14 15 15 (a) (b) 3311 (c) 16 16 17 18 19 (a) 2,360,0001,893,000 (b) 20 220.0236.1 GEM25%100%GEM19 23 9,580,0000.014.5 571XVXV78352GEM5.465.67 (1)322,760,000(i)82,810,000(ii)Bright Commerce239,950,000Bright Commerce (2)490,420,000 XVXV78352GEM5.465.67 XV23336 (1) (2) 336XV23 GEM GEM5.485.67 GEMC1 C.2.1 C.2.1C.2.1 GEM5.285.29D.3