THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE SUBJECT SECURITIES. IF BENEFICIAL OWNERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD SEEK THEIR OWN FINANCIAL AND LEGAL ADVICE, INCLUDING AS TO ANY TAX CONSEQUENCES, IMMEDIATELY FROM THEIR STOCKBROKER, SOLICITOR, ACCOUNTANT OR OTHER INDEPENDENT FINANCIAL OR LEGAL ADVISER. IF APPLICABLE, ALL DEPOSITORIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUESTED TO EXPEDITE THE RE-TRANSMITTAL TO BENEFICIAL OWNERS OF THE SECURITIES IN A TIMELY MANNER.

If you have recently sold or otherwise transferred your entire holding(s) of Bonds (as defined below), you should immediately forward this document to the purchaser or transferee or the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

NOTICE TO BONDHOLDERS

Dawn Victor Limited (旭勝有限公司 ) (the “Issuer”)

US$350,000,000 8.45 per cent. Guaranteed Bonds due 2020 guaranteed by Founder Information () Limited (the “HK Guarantor”) and Resources Group Co., Ltd. ( 北大资 源集 团 有限公司 ) (the “PRC Guarantor”) (ISIN: XS2027351936) (the “Bonds”)

17 September 2020

Reference is made to:

(i) the trust deed relating to the Bonds (the “Trust Deed ”) dated 17 July 2019 made between the Issuer, the HK Guarantor, the PRC Guarantor and The Bank of New York Mellon, London Branch as trustee for the holders of the Bonds (the “Trustee ”);

(ii) the notice from the Trustee to the Bondholders dated 6 March 2020 whereby Bondholders were notified, among other things, that: (a) an Event of Default had occurred pursuant to Condition 9(c) - (Events of Default – Cross Default ) by virtue of each of the Issuer’s and the HK Guarantor’s failure to pay the interest due on the U.S.$310,000,000 floating rate guaranteed bonds due 2021 on 21 February 2020; (b) on 21 February 2020, Peking University Founder Group Company Limited (the “Company ”) announced to the Stock Exchange and the Financial Assets Exchange that it had been ordered by the Beijing First Intermediate People’s Court (the “ Court ”) to initiate a reorganisation process (the “ Proposed Reorganisation ”); (c) the Court had announced that the Company’s creditors should make a declaration of creditor rights to the Company’s administrator by 21 April 2020; and (d) if instructed by Bondholders and subject to it being indemnified and/or secured and/or pre-funded to its satisfaction, the Trustee would submit a declaration of creditors’ rights on behalf of all the holders of the Bonds in the Proposed Reorganisation by the deadline stated by the Court (i.e., 21 April 2020) in an amount equal to all outstanding amounts of principal and accrued interest (if any) due in respect of the Bonds (the “6 March Notice ”);

(iii) the notice from the Trustee to the Bondholders dated 20 April 2020 whereby Bondholders were notified, among other things, that: (a) the Trustee had declared the Bonds to be immediately due and payable and filed the Declaration in the Proposed Reorganisation; and (b) the first Creditors' Meeting

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in respect of the Proposed Reorganisation was scheduled to be held as a telephone call at 9.30am on 30 April 2020 (the “20 April Notice ”);

(iv) the notice from the Trustee to the Bondholders dated 1 May 2020 whereby Bondholders were notified of, among other things, the Administrator's' failure to recognise the Trustee's Declaration with respect to the Bonds (the “1 May Notice ”);

(v) the notice from the Trustee to the Bondholders dated 7 May 2020 whereby Bondholders were updated on the Rejection of the Declaration by the Administrator and were asked to contact the Trustee promptly if they wished the Trustee to submit an objection (the “ 7 May Notice ”); and

(vi) the notice from the Trustee to the Bondholders dated 19 August 2020 whereby Bondholders were advised of (a) the Court’s decision of 31 July 2020 to consolidate the administration proceedings; and (b) the request by the Administrator for the Trustee to re-submit the Declaration in respect of the Bonds(the “ 19 August Notice ”, and together with the 7 May Notice, 1 May Notice, the 6 March Notice and the 20 April Notice, the “ Notices ”).

All terms and expressions used but not otherwise defined in this notice shall have the meanings attributed to them in the Trust Deed and/or the Notices, as applicable.

Proposed Reorganisation – Submission of Declaration of Creditors’ Right

As mentioned in the 19 August Notice, as the PRC Guarantor has now joined the consolidated reorganisation, the Administrator asked the Trustee to re-submit the Declaration in respect of the Bonds.

The Trustee has received confirmation from its PRC legal counsel that the Declaration was submitted electronically and accepted by the Administrator on 3 September 2020. The Declaration was submitted in an amount equal to all outstanding amounts of principal and interest accrued on the Bonds as at 31 July 2020 and converted into Renminbi by applying the rate of exchange on 31 July 2020 published by the People’s Bank of . The Trustee is accordingly a registered creditor in the Proposed Reorganisation on behalf of itself and the Bondholders.

No further action by the Trustee

Unless instructed to do so by the Bondholders (and subject to it being indemnified and/or secured and/or pre- funded to its satisfaction), the Trustee does not presently intend to take any further action pursuant to the Trust Deed in relation to the Proposed Reorganisation or taking any other enforcement action.

Bondholders are requested to contact the Trustee in accordance with the procedures set out below and provide indemnification and/or security and/or pre-funding to the Trustee’s satisfaction as well as their instructions as to what actions (if any) such Bondholders require the Trustee to take in relation to the Relevant Default or the Proposed Reorganisation.

Verification of Holding s

Please note that in any correspondence with the Trustee, the Bondholders will be required to submit their proof of holding together with due written authorisation. Accordingly, in order to facilitate any communications with the holders of the Bonds and the provision of any information such as transaction documents, the Trustee hereby invites all Bondholders to make themselves known to the Trustee and to verify their holdings of the Bonds to the Trustee by contacting their custodian and directing it to have Euroclear/Clearstream to send a SWIFT to The Bank of New York Mellon, London Branch (IRVGB2XEXC) as Trustee (attention: Default Group – Jeremy Hollingsworth) disclosing:

1. ISIN for the Bonds (XS2027351936); 2. account no.;

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3. participant name; 4. nominal amount; and 5. beneficial holder details (including email address).

Trustee Contact Details

The Trustee may be contacted using the following details:

Address: The Bank of New York Mellon, London Branch One Canada Square London E14 5AL United Kingdom with a copy to: The Bank of New York Mellon Level 5, 360 Collins Street Melbourne, Victoria 3000 Australia

For the attention of: Jeremy Hollingsworth Email: [email protected] with copy to: [email protected]

The Trustee provides the information above for the information of Bondholders, but makes no representation as to the accuracy or completeness thereof and cannot accept any liability for any loss caused by any inaccuracy therein. The Trustee expresses no opinion as to the action (if any) that Bondholders should take in relation to the matters set out above. The Trustee makes no recommendations and gives no legal or investment advice herein or as to the Bonds generally. Bondholders should take and rely on their own independent legal, financial or other professional advice, and may not rely on advice or information provided to the Trustee, statements as to the legal position included in notices issued by the Trustee relating to the Bonds or otherwise or the views of the Trustee expressed herein or otherwise.

ISIN numbers appearing herein have been included solely for the convenience of the Bondholders. The Trustee assumes no responsibility for the selection or use of such number and makes no representation as to the correctness of the numbers listed above.

This notice is given by THE BANK OF NEW YORK MELLON, LONDON BRANCH in its capacity as Trustee

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