Common use of LSG Clause in Contracts

LSG. The Yu Shareholders are substantial shareholders of LSG and hence connected persons of LSG under the Listing Rules. On the basis of the Yu Shareholders’ latest disclosures of interests in LSD, the Yu Shareholders are interested in 129,325,410 LSD shares (representing approximately 21.16% of the issued share capital of LSD) (other than through their interests in LSG) and one of the Yu Shareholders, ▇▇. ▇▇ ▇▇▇▇▇ ▇▇, is also interested in 11,162,700 LSD shares (representing approximately 1.83% of the issued share capital of LSD) (other than through his interests in LSG). LSD is therefore a connected subsidiary and hence a connected person of LSG under the Listing Rules. Accordingly, Transactions between the LSG Group (excluding the LSD Group) and the LSD Group (including, for the avoidance of doubt, the eSun Group, the ▇▇▇ ▇▇▇▇ Group and the MAGHL Group) constitute continuing connected transactions of LSG. On the basis of the Yu Shareholders’ latest disclosures of interests in ▇▇▇ ▇▇▇▇, the Yu Shareholders are interested in 34,729,037 ▇▇▇ ▇▇▇▇ shares (representing approximately 10.49% of the issued share capital of ▇▇▇ ▇▇▇▇) (other than through their interests in LSG and LSD). ▇▇▇ ▇▇▇▇ is therefore a connected person of LSG under the Listing Rules. Accordingly, Transactions between the LSG Group (excluding the ▇▇▇ ▇▇▇▇ Group) and the ▇▇▇ ▇▇▇▇ Group constitute continuing connected transactions of LSG.

LSG. The Yu Shareholders are substantial shareholders of LSG and hence connected persons of LSG under the Listing Rules. On the basis of the Yu Shareholders’ latest disclosures of interests in LSD, the Yu Shareholders are interested in 129,325,410 276,926,400 LSD shares (representing approximately 21.1619.05% of the issued share capital of LSD) (other than through their interests in LSG) and one of the Yu Shareholders, ▇▇. ▇▇ ▇▇▇▇▇ ▇▇, is also interested in 11,162,700 LSD shares (representing approximately 1.83% of the issued share capital of LSD) (other than through his interests in LSG). LSD is therefore a connected subsidiary of LSG and hence a connected person of LSG under the Listing Rules. Accordingly, Transactions between the LSG Group (excluding the LSD Group) and the LSD Group (including, for the avoidance of doubt, the eSun Group, Group and the ▇▇▇ ▇▇▇▇ Group and the MAGHL Group) constitute continuing connected transactions of LSG. On the basis of the Yu Shareholders’ latest disclosures of interests in ▇▇▇ ▇▇▇▇, the Yu Shareholders are interested in 34,729,037 33,161,037 ▇▇▇ ▇▇▇▇ shares (representing approximately 10.4910.02% of the issued share capital of ▇▇▇ ▇▇▇▇) (other than through their interests in LSG and LSD). ▇▇▇ ▇▇▇▇ is therefore a connected subsidiary of LSG and hence a connected person of LSG under the Listing Rules. Accordingly, Transactions between the LSG Group (excluding the ▇▇▇ ▇▇▇▇ Group) and the ▇▇▇ ▇▇▇▇ Group constitute continuing connected transactions of LSG.