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Zhongsheng Group Holdings Limited 中升集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號： 881）

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Zhongsheng Group Holdings Limited 中升集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號： 881） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全 部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 本公告並不構成在美國或任何其他司法管轄區出售證券的要約或招攬購買證 券的要約；而在該等司法管轄區，上述要約、招攬或出售在根據該司法管轄區 的證券法例進行登記或獲得資格前即屬違法。在未辦理登記手續或未獲適用的 登記規定豁免的情況下，不得在美國發售或出售任何證券。凡在美國公開發售 任何證券，均須以刊發招股章程之方式進行。該招股章程須載有作出有關發售 之公司、其管理層之詳盡資料及財務報表。本公司無意在美國發售任何證券。 ZHONGSHENG GROUP HOLDINGS LIMITED 中升集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：881） 海外監管公告、 票據發行完成及 根據上市規則第13.18條作出之披露 本海外監管公告乃根據上市規則第13.09(2)條刊發。 茲提述本公司日期分別為二零一一年四月十一日及四月十四日之兩份公 告，內容有關本公司向美國境外專業投資者發售票據。 董事會欣然宣佈，於二零一一年四月二十五日，購買協議項下之所有先決條 件已達成、契約已簽立，並已完成票據發行。於聯交所網站登載隨附之發售 備忘錄，僅為向股東及香港投資者進行同等之資訊傳達及遵守上市規則第 13.09(2)條，別無其他目的。 – 1 – 緒言 本海外監管公告乃根據上市規則第13.09(2)條刊發。 茲提述本公司日期分別為二零一一年四月十一日及四月十四日之兩份公告， 內容有關本公司向美國境外專業投資者發售票據。 票據發行完成 董事會欣然宣佈，於二零一一年四月二十五日，購買協議項下之所有先決條件 已達成、契約已簽立，並已完成票據發行。 契約 契約規定，於控制權出現變動時，本公司將會提出要約按相等於其本金額之 101%另加購回日期（惟不包括該日）發售之應計及未付利息（如 有）之購買價購回 所有尚未行使票據。 契約項下之控制權變動包括（其中包括）導致下列任何一項之任何交易：(1)本公 司與另一人士兼併、合併或整合，或另一人士與本公司兼併或合併，或向另一 人士出售本公司全部或絕大部分資產；或(2)許可持有人為本公司具投票權股 票總投票權少於40%之實益擁有人；或(3)許可黃氏持有人及許可李氏持有人為 本公司具投票權股票總投票權少於15%之實益擁有人；或(4)許可持有人以外之 任何人士為較許可持有人實益持有之總投票權為多之本公司具投票權股票投 票權之實益擁有人；或(5)於初始發行日期組成本公司董事會之個別人士，連同 董事會由當時任職之董事透過最少三分之二董事投票表決批准選出或已事先 批准選出之任何新董事，因任何原因不再構成當時任職之董事會的多數；或(6) 採納有關本公司清盤或解散之計劃。 務請注意，契約之條款乃根據上市規則第13.18條作出披露。 – 2 – 發售備忘錄 請參閱隨附之發售備忘錄，發售備忘錄已於二零一一年四月二十五日登載於 新交所網站。票據已獲原則上批准於新交所上市。新交所對其中所作任何陳述 或所發表意見或所載報告之準確性概不承擔責任。票據獲准納入新交所正式 上市名單不得視為本公司或票據之價值指標。 於聯交所網站登載發售備忘錄，僅為向股東及香港投資者進行同等之資訊傳 達及遵守上市規則第13.09(2)條，別無其他目的。 發售備忘錄並不構成在任何司法管轄區向公眾提呈出售任何證券之招股章程 、通告、通函、宣傳冊、廣告或文件，亦非向公眾提出收購、認購或購買任何證 券之邀約，且不旨在邀請或招攬公眾提出收購、認購或購買任何證券的要約。 發售備忘錄不得被視為收購、認購或購買本公司任何證券之誘因，亦不擬構成 該等勸誘。任何人士均不應以發售備忘錄所載資料作出投資決定。 釋義 於本公告內，除文義另有所指外，下列詞彙具有以下涵義： 「聯屬人士」 指 就任何人士而言，屬於(1)直接或間接控制該名人士， 或受其控制，或與該名人士直接或間接受共同控制； (2)該名人士或任何該名人士的附屬公司或本釋義中 (1)段所述任何人士的董事或高級人員，或(3)黃毅先生 或李國強先生（視何者適用）之直系親屬的任何其他人 士。就本釋義而言，「控 制」（包括有相關含義之「控 制」、 「受控制」及「受共同控制」等詞彙）用於任何人士時， 即擁有（直接或間接）權力指示或促使指示該名人士之 管理或政策，不論權力來自擁有具投票權之證券、合 約或透過其他方式獲得 「董事會」 指 董事會 「中銀國際」 指 中銀國際亞洲有限公司 – 3 – 「股本」 指 就任何人士而言，該名人士股本中的任何及所有股 份、權益、利益分享或其他等值（不論如何指定、具或 不具投票權），不論於初始發行日期尚未發行或於其 後發行，包括但不限於所有普通股及優先股，但不包 括可兌換為有關股本的債務證券 「本公司」 指 中升集團控股有限公司，於開曼群島註冊成立的有限 公司，其股份於聯交所主板上市 「董事」 指 本公司董事 「本集團」 指 本公司及其不時的附屬公司 「海通國際」 指 海通國際證券有限公司 「香港」 指 中國香港特別行政區 「契 約」 指 本 公 司（作為票據發行人）、附屬公司擔保人（作為擔保 人）與紐約梅隆銀行(Bank of New York Mellon)倫敦分行 （作為票據受託人）所訂立的書面協議，據此發行票據 「上市規則」 指 聯交所證券上市規則 「票據」 指 本公司所發行於二零一四年到期之人民幣1,250,000,000 元 4.75厘優先票據 「票據發行」 指 本公司發行票據 「發售備忘錄」 指 日期為二零一一年四月十四日有關票據發行的發售 備忘錄 「初始發行日期」 指 票據根據契約初始發行的日期 「許可持有人」 指 任何或全部許可黃氏持有人或許可李氏持有人 – 4 – 「許可黃氏持有人」 指 下列任何或全部人士：(1)黃毅先生；(2)上文第(1)段指 明之人士之遺產及任何配偶或直系親屬或上述任何 人士之合法代表；(3)上文第(1)或(2)段指明之人士之任 何聯屬人士（不包括聯屬人士釋義中第(2)或 (3)段界定 之聯屬人士）；及(4)其股本及具投票權股票（或如為信 託，則當中之實益權益）均由上文第(1)、(2)及 (3)段指 明之人士全部擁有之任何人士 「許可李氏持有人」 指 下列任何或全部人士：(1)李國強先生；(2)上文第(1)段 指明之人士之遺產及任何配偶或直系親屬或上述任 何人士之合法代表；(3)上文第(1)或 (2)段指明之人士 之任何聯屬人士（不包括聯屬人士釋義中第(2)或 (3)段 界定之聯屬人士）；及(4)其股本及具投票權股票（或 如 為信託，則當中之實益權益）均由上文第(1)、(2)及 (3) 段指明之人士全部擁有之任何人士 「人士」 指 任何個人、公司、合夥公司、有限責任公司、合資企 業、信託、非法人組織或政府或任何代理或政治分支 機構 「中國」 指 中華人民共和國，就本公告而言，不包括香港、中國 澳門特別行政區及台灣地區 「購買協議」 指 本公司與（其中包括）附屬公司擔保人、中銀國際及海 通國際就票據發行所訂立日期為二零一一年四月十四 日的協議 「人民幣」 指 中國法定貨幣人民幣，或稱元 「新交所」 指 新加坡證券交易所有限公司 「股份」 指 本公司股本中每股面值0.0001港元的普通股 「股東」 指 股份持有人 「聯交所」 指 香港聯合交易所有限公司 – 5 – 「附屬公司擔保人」 指 本公司的16間附屬公司，將於票據發行日提供擔保， 擔保本公司於票據項下的責任，該等附屬公司分 別為Aotong Rui Pai Company Limited、Billion Great Corp Limited、Bright Friends International Limited、Charming Elements Holdings Ltd.、Famous Great International Limited、 Fancy Fortune International Limited、北菱集團有限公司、 北菱香港有限公司、北菱國際有限公司、Join Billion Development Ltd.、明威投資有限公司、Olympia Well Ltd.、超懋有限公司、Well Snape Holding Ltd.、中 升 集 團 有限公司及中升國際有限公司 「美國」 指 美利堅合眾國、其領土、屬地及服從其司法管轄的所 有地區 「具投票權股票」 指 就任何人士而言，該名人士所持一般有權投票選舉董 事、經理或管理機構的其他投票成員的任何類別或種 類的股本 「%」 指 百分比 承董事會命 中升集團控股有限公司 主席 黃毅 香港，二零一一年四月二十五日 於本公告日期，本公司執行董事為黃毅先生、李國強先生、杜青山先生及俞光 明先生；本公司非執行董事為冷雪松先生；以及本公司獨立非執行董事為茂野 富平先生、吳育強先生及沈進軍先生。 – 6 – IMPORTANT NOTICE NOT FOR DISTRIBUTION IN THE UNITED STATES You must read the following disclaimer before continuing. The following disclaimer applies to the document following this page and you are therefore advised to read this disclaimer carefully before accessing, reading or making any other use of the attached document. In accessing the attached document, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information from us as a result of such access. You acknowledge that the attached document and the information contained therein are strictly confidential and intended for you only. You are not authorized to and you may not forward or deliver the attached document, electronically or otherwise, to any other person or reproduce such document in any manner whatsoever, nor may you disclose the information contained in the attached document to any third-party or use it for any other purpose. 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The securities referred to in the attached document have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or under any securities laws of any state or other jurisdiction of the United States and may not be offered, sold, resold, transferred or delivered, directly or indirectly, within the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. CONFIRMATION OF YOUR REPRESENTATION: IN ORDER TO BE ELIGIBLE TO VIEW THE ATTACHED DOCUMENT, INVESTORS MUST COMPLY WITH THE FOLLOWING PROVISIONS. YOU HAVE BEEN SENT THE ATTACHED DOCUMENT ON THE BASIS THAT YOU HAVE CONFIRMED TO BOCI ASIA LIMITED AND HAITONG INTERNATIONAL SECURITIES COMPANY LIMITED (THE “INITIAL PURCHASERS”) THAT YOU (I) ARE A NON-U.S. PERSON, ARE OUTSIDE THE UNITED STATES AND, TO THE EXTENT YOU PURCHASE THE SECURITIES DESCRIBED IN THE ATTACHED DOCUMENT, YOU WILL BE DOING SO IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH REGULATION S; AND (II) CONSENT TO DELIVERY BY ELECTRONIC TRANSMISSION. If you have gained access to this transmission contrary to the foregoing restrictions, you will be unable to purchase any of the securities described therein. This document has been made available to you in electronic form. You are reminded that documents transmitted via this medium may be altered or changed during the process of transmission and consequently none of the Initial Purchasers or any person who controls it or any of their respective directors, employees, representation or affiliates accepts any liability or responsibility whatsoever in respect of any difference between the document distributed to you in electronic format and the hard copy version. You are responsible for protecting against viruses and other destructive items. Your receipt of this electronic transmission is at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. OFFERING MEMORANDUM ZHONGSHENG GROUP HOLDINGS LIMITED (incorporated in the Cayman Islands with limited liability) RMB1,250,000,000 4.75% Senior Notes due 2014 Issue Price: 100% Zhongsheng Group Holdings Limited (the “Company”), incorporated in the Cayman Islands with limited liability, is offering RMB1,250,000,000 aggregate principal amount of 4.75% Senior Notes due 2014 (the “Notes”). The Notes will bear interest at the rate of 4.75% per year and will mature on April 21, 2014. The Notes are senior obligations of the Company. The Notes are denominated in Renminbi and will be settled in RMB. Based on a face value of RMB500,000 of each Note and an issue price of 100%, the settlement amount payable with respect to each Note is RMB500,000. Upon maturity of the Notes on April 21, 2014, we will pay to each holder of the Notes the aggregate principal amount of the Notes held by such holder (plus accrued and unpaid interest, if any) in RMB. The Company may redeem all but not less than all of the Notes at the principal amount (plus accrued and unpaid interest, if any) upon certain changes in tax law. For a more detailed description of the redemption of the Notes, see “Description of the Notes.” Upon the occurrence of a Change of Control Trigger Event (as defined in “Description of the Notes” herein), the Company must make an offer to repurchase all Notes outstanding at a purchase price equal to 101% of their principal amount, plus accrued and unpaid interest, if any, to the date of repurchase. The Notes will be senior unsecured obligations of the Company guaranteed by our existing subsidiaries (the “Subsidiary Guarantees”) other than our subsidiaries organized under the laws of the People’s Republic of China and certain other Non-Guarantor Subsidiaries (as defined in “Description of the Notes” herein) and will rank equally in right of payment with all of the Company’s unsecured, unsubordinated indebtedness (subject to any priority rights pursuant to applicable law). The Notes will also be effectively subordinated to the Company’s secured indebtedness to the extent of assets serving as security for such secured indebtedness. Investing in the Notes involves significant risks.
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