Points To Note - Reminder on OVERSEAS SECURITIES Trading

1. We shall not be under any obligation to act on any instruction to sell any Securities unless sufficient such Securities are held in on our nominee's name, or that of our nominee and/or due to be credited to the Securities Account under any purchase transaction(s) which are not subject to any charge, lien or other security interest in favour of any person including us.

2. (a) All transactions executed in pursuance of the instructions of the Client on the Exchanges shall be subject to a transaction levy and any other levies that the relevant Exchange from time to time may impose. The Company is authorized to collect any such levies in accordance with the rules prescribed by the relevant Exchange from time to time.

(b) The Client shall on demand pay us the Company commissions on purchases, sales and other transactions or services for the Account(s) at such rate as the Company may from time to time have notified the Clienthim, together with all stamp duties, bank charges, transfer fees, interest, custodial expenses and other expenses in respect of or connected with the Account(s) or any transaction or services thereof or any securities therein.

3. The Client is liable on a full indemnity basis for all applicable taxes, levies, imposed by any Government, relevant Clearing System, or Market and all applicable stamp duties. All such taxes, levies and duties may be deducted by us from the Securities Account and any other Accounts maintained by the Client with any of the Haitong International Group Companies.

4. Client assets received or held by us the licensed or registered person outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance (Cap.571) and the rules made thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong.