Shanghai Dongzheng Automotive Finance Company Limited (Hong Kong) (China)

Shanghai Dongzheng Automotive Finance Company Limited is a stock limited company established through the transformation of Shanghai Huidi Chemical Co., Ltd. The company was incorporated on March 1, 2016. The company's net assets, audited by Ernst & Young Accountants, were RMB 357,779,553.67 as of December 31, 2015, after deducting the reserve fund of RMB 10,906,696.16. According to the agreement signed by all shareholders of Huidi Co., Ltd., the company was transformed into a stock limited company with a registered capital of 80 million shares (with a face value of RMB 1 per share) at a ratio of 1:0.23, and the remaining RMB 266,872,857.51 was included in the company's capital surplus. On March 17, 2016, Ernst & Young Accountants conducted a capital verification of the company and issued Verification Report No. [2016] 115421, confirming that Huidi Technology's registered capital of RMB 80 million had been fully paid. On March 25, 2016, the company obtained a business license issued by the Shanghai Administration for Industry and Commerce, with a unified social credit code of 91310116662478847M and a registered capital of RMB 80 million. The company's name was changed to "Shanghai Huidi Technology Co., Ltd."