This report is under no circumstances intended to be used or considered as financial or investment advice, a recommendation or an offer to sell, or a solicitation of any offer to buy any securities or other forms of financial asset.

The material in the report is obtained from various sources per dating of the report. While all reasonable care has been taken to ensure that the material is true and not misleading, SinoInsider Consulting LLC (“SinoInsider”) does not guarantee its accuracy or completeness. The estimates are based on fair assumptions supported by objective data. The estimates are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development.

There may have been changes in matters which affect the companies subsequent to the date of this report. Neither the issue nor delivery of this report shall under any circumstance create any implication that the information contained herein is correct as of any time subsequent to the date hereof or that the affairs of the company have not since changed. SinoInsider does not intend, and does not assume any obligation to update or correct the information included in this report.

The contents of this report are not to be construed as legal, business, investment or tax advice. Readers should understand that statements regarding future prospects may not be realized, and should also understand that past performance is not necessarily a guide to future performance.

The information contained herein may be subject to changes without prior notice. SinoInsider does not accept any form of liability, neither legally nor financially, for loss (direct or indirect) caused by the understanding and/or use of this report or its content. This report is only intended for the recipients, and should not be copied or otherwise distributed, in whole or in part, to any other person.