Common use of CONTINUING CONNECTED TRANSACTIONS Clause in Contracts

CONTINUING CONNECTED TRANSACTIONS. Coal Supply Framework Agreements The Board announces that on 18 December 2013, the Company has entered into (i) CPI Logistics Coal Supply Framework Agreement in relation to the supply of coal from CPI Logistics to the Purchasers, the subsidiaries and an associate of the Company; and (ii) Qinghe Coal Supply Framework Agreement in relation to the procurement and supply of coal by the Company to Qinghe Electric Power, a subsidiary of CPI Holding. Since CPI Logistics is a subsidiary of CPI Group, the Company’s ultimate controlling company and Qinghe Electric Power is a subsidiary of CPI Holding, the Company’s controlling company, they both are connected persons of the Company under the Listing Rules. Accordingly, the transactions contemplated under the two Coal Supply Framework Agreements constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. For CPI Logistics Coal Supply Framework Agreement, the Directors estimate that the Proposed Annual Cap for each of the three financial years ending 31 December 2014, 2015 and 2016 will not exceed RMB450,000,000 (equivalent to approximately HK$569,620,000). As the applicable percentage ratios as defined under Chapter 14 of the Listing Rules in respect of the Proposed Annual Cap of the Continuing Connected Transactions with CPI Logistics are more than 0.1% but fall below 5%, they are therefore subject to the announcement and reporting requirements but exempt from independent shareholders’ approval according to Chapter 14A of the Listing Rules. For Qinghe Coal Supply Framework Agreement, the Directors estimate that the Proposed Annual Cap for each of the three financial years ending 31 December 2014, 2015 and 2016 will not exceed RMB130,000,000 (equivalent to approximately HK$164,557,000). As the applicable percentage ratios as defined under Chapter 14 of the Listing Rules in respect of the Proposed Annual Cap of the Continuing Connected Transactions with Qinghe Electric Power are more than 0.1% but fall below 5%, they are therefore subject to the announcement and reporting requirements but exempt from independent shareholders’ approval according to Chapter 14A of the Listing Rules. The Board announces that on 18 December 2013, the Company has entered into (i) CPI Logistics Coal Supply Framework Agreement in relation to the supply of coal from CPI Logistics to the Purchasers, the subsidiaries and an associate of the Company; and (ii) Qinghe Coal Supply Framework Agreement in relation to the procurement and supply of coal by the Company to Qinghe Electric Power, a subsidiary of CPI Holding. CPI LOGISTICS COAL SUPPLY FRAMEWORK AGREEMENT Date 18 December 2013 Parties

CONTINUING CONNECTED TRANSACTIONS. Coal Supply Framework Agreements The Board announces that on 18 December 2013, On 2 February 2009 the Company Purchaser (an indirectly wholly owned subsidiary of the Company) has entered into (i) CPI Logistics Coal Supply the Framework Agreement in relation to the supply purchases of coal display equipment, components and display technology by the Group from CPI Logistics to the PurchasersGreatsource Group. The Supplier is controlled by Xx. Xx, an executive Director and substantial shareholder of the Company, and her associate(s). Accordingly, the subsidiaries and Supplier is an associate of Xx. Xx and hence, a connected person of the Company within the meaning of the GEM Listing Rules. The entering into of the Framework Agreement and the transactions contemplated thereunder constitute continuing connected transactions for the Company under the GEM Listing Rules. The Annual Caps for the Continuing Connected Transactions are HK$97million for the period from the effective date of the Framework Agreement to 31 December 2009, for the year ended 31 December 2010 and 2011 are HK$126million and HK$149million respectively. Based on the Annual Caps for the period from the effective date of the Framework Agreement to 31 December 2009 and for the two years ending 31 December 2010 and 2011, the applicable percentage ratios in respect of the aggregate values for the Continuing Connected Transactions under the Framework Agreement exceed 2.5% on an annual basis. Accordingly, the Framework Agreement, the Continuing Connected Transactions and the Annual Caps are subject to the reporting, announcement and Independent Shareholders’ approval requirements under the GEM Listing Rules. * For identification purposes only BACKGROUND The Purchaser, a company recently incorporated in Beijing, is a wholly owned subsidiary of the Company; . It is mainly engaged in carrying out display projects in the PRC. On 2 February 2009, the Purchaser and (ii) Qinghe Coal Supply the Supplier entered into the Framework Agreement in relation to the procurement purchases of display equipment, components and supply of coal display technology by the Company to Qinghe Electric PowerGroup from the Greatsource Group. The Supplier is controlled by Xx. Xx, an executive Director and substantial shareholder of the Company, and her associate(s). Accordingly, the Supplier is an associate of Xx. Xx and hence, a subsidiary connected person of CPI Holdingthe Company within the meaning of the GEM Listing Rules. Since CPI Logistics is a subsidiary The entering into of CPI Group, the Company’s ultimate controlling company Framework Agreement and Qinghe Electric Power is a subsidiary of CPI Holding, the Company’s controlling company, they both are transactions contemplated thereunder constitute continuing connected persons of transactions for the Company under the Listing Rules. Accordingly, the transactions contemplated under the two Coal Supply Framework Agreements constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. For CPI Logistics Coal Supply Framework Agreement, the Directors estimate that the Proposed Annual Cap for each of the three financial years ending 31 December 2014, 2015 and 2016 will not exceed RMB450,000,000 (equivalent to approximately HK$569,620,000). As the applicable percentage ratios as defined under Chapter 14 of the Listing Rules in respect of the Proposed Annual Cap of the Continuing Connected Transactions with CPI Logistics are more than 0.1% but fall below 5%, they are therefore subject to the announcement and reporting requirements but exempt from independent shareholders’ approval according to Chapter 14A of the Listing Rules. For Qinghe Coal Supply Framework Agreement, the Directors estimate that the Proposed Annual Cap for each of the three financial years ending 31 December 2014, 2015 and 2016 will not exceed RMB130,000,000 (equivalent to approximately HK$164,557,000). As the applicable percentage ratios as defined under Chapter 14 of the Listing Rules in respect of the Proposed Annual Cap of the Continuing Connected Transactions with Qinghe Electric Power are more than 0.1% but fall below 5%, they are therefore subject to the announcement and reporting requirements but exempt from independent shareholders’ approval according to Chapter 14A of the GEM Listing Rules. The Board announces that on 18 December 2013, the Company has entered into (i) CPI Logistics Coal Supply Framework Agreement in relation to is a new agreement rather than a renewal of any agreements entered by the supply of coal from CPI Logistics to the Purchasers, the subsidiaries and an associate Group before. Details of the Company; and (ii) Qinghe Coal Supply Framework Agreement in relation to the procurement and supply of coal by the Company to Qinghe Electric Power, a subsidiary of CPI Holding. CPI LOGISTICS COAL SUPPLY are as follows: THE FRAMEWORK AGREEMENT Date 18 December 2013 2 February 2009 Parties

CONTINUING CONNECTED TRANSACTIONS. Coal Supply Purchase and Sale Cooperation Framework Agreements The Board announces that on 18 December 2013, Reference is made to the announcement of the Company has entered into (i) CPI Logistics Coal Supply Framework Agreement dated 6 July 2018 in relation to the supply of two coal purchase and sale cooperation framework agreements which expired on 31 December 2019. The contracting parties have determined to resume the relevant transactions by renewing the framework agreements effective from CPI Logistics to the Purchasers1 May 2021. On 30 April 2021, the subsidiaries and an associate CP Guorui (a wholly-owned subsidiary of the Company; ) entered into two new Coal Purchase and (ii) Qinghe Coal Supply Sale Cooperation Framework Agreement Agreements with SPIC Aluminum and CPI Xianrong respectively in relation to the procurement and supply provision of coal by through spot contracts. As at the date of this announcement, SPIC is the ultimate controlling shareholder of the Company to Qinghe Electric Power, a subsidiary which is interested in approximately 60.04% of CPI Holding. Since CPI Logistics is a subsidiary the issued share capital of CPI Group, the Company’s ultimate controlling company . SPIC Aluminum and Qinghe Electric Power is a subsidiary CPI Xianrong, being the indirect subsidiaries of CPI HoldingSPIC, the Company’s controlling company, they both are connected persons of the Company under within the meaning as defined in the Listing Rules. Accordingly, the transactions contemplated under the two Coal Supply Purchase and Sale Cooperation Framework Agreements constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. For CPI Logistics Coal Supply Framework Agreementthe eight months ended 31 December 2021 and the two financial years ended 31 December 2022 and 2023, the Directors estimate that Proposed Annual Caps for SPIC Aluminum Framework Agreement and CPI Xianrong Framework Agreement will not exceed RMB464,000,000 (equivalent to approximately HK$559,036,000) and RMB174,000,000 (equivalent to approximately HK$209,639,000) respectively. As certain applicable percentage ratios (as defined under Rule 14.07 of the Listing Rules) in relation to the maximum Proposed Annual Cap for each of the three financial years ending 31 December 2014, 2015 two Framework Agreements (individually and 2016 will not after aggregation) exceed RMB450,000,000 (equivalent to approximately HK$569,620,000). As the applicable percentage ratios as defined under Chapter 14 of the Listing Rules in respect of the Proposed Annual Cap of the Continuing Connected Transactions with CPI Logistics are more than 0.1% but all fall below 5%, they the transactions contemplated under the two Framework Agreements are therefore subject to the announcement announcement, reporting and reporting annual review requirements but are exempt from the independent shareholders’ approval according to requirement under Chapter 14A of the Listing Rules. For Qinghe Coal Supply Framework Agreement, the Directors estimate that the Proposed Annual Cap for each of the three financial years ending 31 December 2014, 2015 and 2016 will not exceed RMB130,000,000 (equivalent to approximately HK$164,557,000). As the applicable percentage ratios as defined under Chapter 14 of the Listing Rules in respect of the Proposed Annual Cap of the Continuing Connected Transactions with Qinghe Electric Power are more than 0.1% but fall below 5%, they are therefore subject Reference is made to the announcement and reporting requirements but exempt from independent shareholders’ approval according to Chapter 14A of the Listing Rules. The Board announces that on 18 December 2013, the Company has entered into (i) CPI Logistics Coal Supply Framework Agreement dated 6 July 2018 in relation to the supply of two coal purchase and sale cooperation framework agreements which expired on 31 December 2019. The contracting parties have determined to resume the relevant transactions by renewing the framework agreements effective from CPI Logistics to the Purchasers1 May 2021. On 30 April 2021, the subsidiaries and an associate CP Guorui (a wholly-owned subsidiary of the Company; ) entered into two new Coal Purchase and (ii) Qinghe Coal Supply Sale Cooperation Framework Agreement Agreements with SPIC Aluminum and CPI Xianrong respectively in relation to the procurement and supply provision of coal by through spot contracts. COAL PURCHASE AND SALE COOPERATION FRAMEWORK AGREEMENTS Date 30 April 2021 Parties of the Company to Qinghe Electric Power, a subsidiary of CPI Holding. CPI LOGISTICS COAL SUPPLY FRAMEWORK AGREEMENT Date 18 December 2013 PartiesSPIC Aluminum Framework Agreement

CONTINUING CONNECTED TRANSACTIONS. Coal Supply New Material Purchase Framework Agreements The Board announces that on 18 December 2013Agreement On 7 August 2018, the Company has entered into (i) CPI Logistics Coal Supply the New Material Purchase Framework Agreement in relation with CPI Holding pursuant to which the supply of coal from CPI Logistics to parties agreed that the Purchasers, the subsidiaries and an associate of the Company; and (ii) Qinghe Coal Supply , will purchase from the Suppliers the Materials. The Previous Material Purchase Framework Agreement in relation to entered into on 29 December 2015 has been simultaneously terminated after the procurement and supply signing of coal by the Company to Qinghe Electric Power, a subsidiary New Material Purchase Framework Agreement. The Suppliers are indirect subsidiaries of CPI Holding. Since CPI Logistics Holding is a subsidiary the controlling shareholder of CPI Groupthe Company, which is interested in approximately 56.04% of the issued share capital of the Company. As such, the Company’s ultimate controlling company and Qinghe Electric Power is a subsidiary of CPI Holding, the Company’s controlling company, they both Suppliers are connected persons of the Company under as defined in the Listing Rules. Accordingly, the transactions contemplated under the two Coal Supply New Material Purchase Framework Agreements Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. For CPI Logistics Coal Supply The proposed annual cap of the New Material Purchase Framework Agreement, the Directors estimate that the Proposed Annual Cap Agreement for each of the three six months and the two financial years ending 31 December 20142018, 2015 2019 and 2016 will not exceed RMB450,000,000 2020, is RMB24,550,000, RMB49,100,000 and RMB49,100,000 (equivalent to approximately HK$569,620,000)HK$28,218,400, HK$56,436,800 and HK$56,436,800) respectively. As the certain applicable percentage ratios (as defined under Chapter 14 Rule 14.07 of the Listing Rules Rules) in respect of relation to the Proposed Annual Cap of maximum annual cap for the Continuing Connected Transactions with CPI Logistics are more than New Material Purchase Framework Agreement exceed 0.1% but fall below 5%, they the transactions contemplated under the New Material Purchase Framework Agreement are therefore subject to the announcement announcement, reporting and reporting annual review requirements but are exempt from the independent shareholders’ approval according to requirement under Chapter 14A of the Listing Rules. For Qinghe Coal Supply Framework Agreement, the Directors estimate that the Proposed Annual Cap for each of the three financial years ending 31 December 2014, 2015 and 2016 will not exceed RMB130,000,000 (equivalent to approximately HK$164,557,000). As the applicable percentage ratios as defined under Chapter 14 of the Listing Rules in respect of the Proposed Annual Cap of the Continuing Connected Transactions with Qinghe Electric Power are more than 0.1% but fall below 5%, they are therefore subject Reference is made to the announcement and reporting requirements but exempt from independent shareholders’ approval according to Chapter 14A of the Listing RulesCompany dated 29 December 2015 in relation to the Previous Material Purchase Framework Agreement which is due to expire on 31 December 2018. The Board announces that on 18 December 2013Since 2017, CPI Holding has been undergoing an internal reorganization for reducing the number of its subsidiaries. Beijing CP Environmental and its subsidiaries, being the suppliers of the Materials under the Previous Material Purchase Framework Agreement and indirect subsidiaries of CPI Holding, would be either acquired by or merged with the other subsidiaries of CPI Holding. After obtaining the approval from the relevant government authorities for the reorganization of CPI Holding’s subsidiaries in July 2018, CPI Holding and the Company agreed to sign a new framework agreement to replace the Previous Material Purchase Framework Agreement. On 7 August 2018, the Company has entered into (i) CPI Logistics Coal Supply the New Material Purchase Framework Agreement in relation with CPI Holding pursuant to which the supply of coal from CPI Logistics to parties agreed that the Purchasers, the subsidiaries and an associate of the Company; and (ii) Qinghe Coal Supply , will purchase from the Suppliers the Materials. The Previous Material Purchase Framework Agreement in relation to has been simultaneously terminated after the procurement and supply signing of coal by the Company to Qinghe Electric Power, a subsidiary of CPI Holding. CPI LOGISTICS COAL SUPPLY FRAMEWORK AGREEMENT Date 18 December 2013 PartiesNew Material Purchase Framework Agreement.

CONTINUING CONNECTED TRANSACTIONS. Coal Supply RENEWAL OF THE ADMINISTRATIVE FRAMEWORK AGREEMENT Reference is made to the announcement of the Company dated 24 June 2020 in relation to the continuing connected transactions under the Administrative Framework Agreements The Agreement entered into between the Company and Fosun High Technology, pursuant to which the Group procured certain services and products for administrative purposes from the Remaining Fosun High Technology Group. As the term of the Administrative Framework Agreement will expire on 31 December 2020, the Board announces that on 18 31 December 20132020, the Company has entered into (i) CPI Logistics Coal Supply and Fosun High Technology renewed the Administrative Framework Agreement for a further term of one year from 1 January 2021 to 31 December 2021. As at the date of this announcement, Fosun High Technology, a holding company of Fosun Pharma, was interested in relation to approximately 38.62% of the supply total issued shares of coal from CPI Logistics to Fosun Pharma, which in turn indirectly held approximately 55.01% of the PurchasersShares of the Company in issue. Accordingly, the subsidiaries and an associate Fosun High Technology is a connected person of the Company; , and (ii) Qinghe Coal Supply the transactions under the Administrative Framework Agreement in relation to the procurement and supply of coal by the Company to Qinghe Electric Power, a subsidiary of CPI Holding. Since CPI Logistics is a subsidiary of CPI Group, the Company’s ultimate controlling company and Qinghe Electric Power is a subsidiary of CPI Holding, the Company’s controlling company, they both are connected persons of the Company under the Listing Rules. Accordingly, the transactions contemplated under the two Coal Supply Framework Agreements constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. For CPI Logistics Coal Supply Framework Agreement, the Directors estimate that the Proposed Annual Cap for each of the three financial years ending 31 December 2014, 2015 and 2016 will not exceed RMB450,000,000 (equivalent to approximately HK$569,620,000). As the highest applicable percentage ratios as defined under Chapter 14 of the Listing Rules ratio in respect of the Proposed Annual Cap of annual cap for the Continuing Connected Transactions with CPI Logistics are transactions under the Administrative Framework Agreement for the year ending 31 December 2021 is more than 0.1% but fall below less than 5%, they the transactions under the Administrative Framework Agreement are therefore subject to the reporting, announcement and reporting requirements annual review requirements, but exempt from the independent shareholders’ approval according to requirement under Chapter 14A of the Listing Rules. For Qinghe Coal Supply R EV I SI ON OF AN N U AL C A PS FO R T HE S I N OP HA R M P RO C UR E ME N T FRAMEWORK AGREEMENT Reference is made to the announcement issued by the Company on 24 April 2020 in relation to the continuing connected transactions for the purchase of raw materials by the Group from Sinopharm Group under the Sinopharm Procurement Framework Agreement. Considering the Company’s actual business needs, on 31 December 2020, the Directors estimate that Board resolved to increase the Proposed Annual Cap annual caps for each the purchase of raw materials from Sinopharm Group under the three financial Sinopharm Procurement Framework Agreement for the two years ending 31 December 20142021 and 2022. As at the date of this announcement, 2015 Fosun Pharma (a controlling shareholder of the Company) is directly holding 49% of the interest in Sinopharm Industrial Investment and 2016 will not exceed RMB130,000,000 (equivalent Sinopharm is a subsidiary of Sinopharm Industrial Investment. Therefore, Xxxxxxxxx is a connected person of the Company by virtue of being an associate of the Company’s controlling shareholder. Accordingly, the transactions in relation to approximately HK$164,557,000)the procurement of raw materials under the Sinopharm Procurement Framework Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Hong Kong Listing Rules. As the highest applicable percentage ratios as defined under Chapter 14 of the Listing Rules ratio in respect of the Proposed Annual Cap of the Continuing Connected Transactions with Qinghe Electric Power are more than 0.1revised annual caps exceeds 5% but fall below 5%less than 25% and the total consideration is less than HK$10,000,000, they the transactions under the Sinopharm Procurement Framework Agreement are therefore subject to the reporting, announcement and reporting requirements annual review requirements, but exempt from the independent shareholders’ approval according to requirement under Chapter 14A of the Listing Rules. The Board announces that on 18 December 2013, the Company has entered into (i) CPI Logistics Coal Supply Framework Agreement in relation to the supply of coal from CPI Logistics to the Purchasers, the subsidiaries and an associate of the Company; and (ii) Qinghe Coal Supply Framework Agreement in relation to the procurement and supply of coal by the Company to Qinghe Electric Power, a subsidiary of CPI Holding. CPI LOGISTICS COAL SUPPLY FRAMEWORK AGREEMENT Date 18 December 2013 Parties.