Armada Holdings Limited/Adr Sample Contracts

Exhibit A to Deposit Agreement
Great Wall Pan Asia Holdings Limited/Adr • January 13th, 2017

representing deposited fully paid ordinary Shares (herein called "Shares") of Great Wall Pan Asia Holdings Limited, incorporated under the laws of Bermuda (herein called the "Company"). At the date hereof, each American Depositary Share represents five Shares which are either deposited or subject to deposit under the deposit agreement at the principal Hong Kong office of The Hong Kong and Shanghai Banking Corporation Limited (herein called the "Custodian"). The Depositary's Corporate Trust Office is located at a different address than its principal executive office. Its Corporate Trust Office is located at 101 Barclay Street, New York, N.Y. 10286, and its principal executive office is located at 225 Liberty Street, New York, N.Y. 10286.

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Exhibit A to Deposit Agreement
Deposit Agreement • June 30th, 2016 • Armada Holdings Limited/Adr

representing deposited fully paid ordinary Shares (herein called "Shares") of Armada Holdings Limited, incorporated under the laws of Bermuda (herein called the "Company"). At the date hereof, each American Depositary Share represents five Shares which are either deposited or subject to deposit under the deposit agreement at the principal Hong Kong office of The Hong Kong and Shanghai Banking Corporation Limited (herein called the "Custodian"). The Depositary's Corporate Trust Office is located at a different address than its principal executive office. Its Corporate Trust Office is located at 101 Barclay Street, New York, N.Y. 10286, and its principal executive office is located at 225 Liberty Street, New York, N.Y. 10286.

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