the analysis of accounts receivable aging and assessment of past debt collection experience. Accordingly, the Corporate Group has experienced very little bad debts and has not found any irregularity in

invested in the Power Producer (PP), Independent Power Producer (IPP), Small Power Producer (SPP), Very Small Power Producer (VSPP), Coal Mining, Operating and Maintenance (O&M), Management and

disposing Land and Buildings since such Land and Buildings do not have a very large area, and the Company does not optimize the use of it. Such disposal of assets does not have significant impact on the

Group has experienced very little bad debts and has not found any irregularity in 2019 and there was no bad debt in the past year 2018. (3.2) Inventory and Deterioration or Obsoleteness The Corporate

2018. As per ISIT the Domestic capacity utilization was thus reduced to 29% in 2019 compared to 37% in 2018. To regain the market share and reduce imports, the Company had to resort to very competitive

analysis of accounts receivable aging and assessment of past debt collection experience. Accordingly, the Corporate Group has experienced very little bad debts and has not found any irregularity in 2020 and

. Business overview EGCO Group have invested in the Power Producer (PP), Independent Power Producer (IPP), Small Power Producer (SPP), Very Small Power Producer (VSPP), Coal Mining, Oil Transportation Service

protection. Risk profile Risk level Assets that the ARFP Fund mainly invests in Type of investor that suit the ARFP Fund Type of investors that do not suit the ARFP Fund Very high risk 8 ▪ has a net exposure

suit the HK Covered Fund Very high risk 8 ▪ has a net exposure in alternative assets with the fiscal annual average of not less than 80% of the NAV. ▪ in case of the fund with a policy to invest in

. • High Frequency Algorithmic Trading Technique is typically not a strategy in itself but the use of very sophisticated technology to implement traditional trading strategies. • Order book: a list of