INVESTMENT DISCLAIMERS‍

‍1. Advisory‍

The disclaimer must be read if you are an advisory client and the communication or any attachment contains presentations, term sheets, or any other marketing material.

Advisory Marketing Disclaimer

Greenland (Asia) Securities Co., Limited consider that the attached products are / research material is suitable for your consideration, bearing in mind the Financial and Risk Profile we have on record, your investment objectives and documented investment strategy together with the current investment portfolio you hold with us. However, as always, any decision to invest remains with you. Please review the attached material in detail, taking particular note not only of the benefits, but also the risks involved in making any investment. If you are interested in investing in any of the opportunities mentioned, please do not hesitate to contact us and we will endeavor to provide you with any further information you require, in order that you may make an informed decision as to whether or not you wish to proceed.
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‍Disclaimer

This document was produced by Greenland (Asia) Securities Co., Limited for information purposes only and for the sole use of the recipient. Any information provided by a client (“Client Information”) and used to produce this document will have been checked by Greenland (Asia) Securities Co., Limited for plausibility only and the client notified accordingly of any obvious anomalies. However, Greenland (Asia) Securities Co., Limited has not checked the Client Information in detail for completeness and accuracy and accepts no responsibility whatsoever in respect of the Client Information. The Client makes all investment decisions independently. Past performance, simulations and forecasts are not necessarily a reliable indication of future performance and the value of investments may fall as well as rise. The information contained in this document is only valid at the time this document is produced. A change in the economic environment, possible changes in the law and other events may cause future performance to deviate from that expressed or implied in this document. The information and analyses contained in this document have been gathered from sources that are generally considered to be reliable. However, Greenland (Asia) Securities Co., Limited makes no representation as to their accuracy or completeness in relation to the investment products described and does not accept liability for any direct or consequential losses arising from reliance on the information contained in this document. An Greenland (Asia) Securities Co., Limited Group company may, to the extent permitted by law, participate or invest in other financing transactions with the issuer of the investment products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or derivatives thereof. Alternative investments, derivatives or structured products are complex instruments that typically involve a high degree of risk, and are intended for sale only to investors who are capable of understanding and assuming the risks involved. Investments in emerging markets are speculative and significantly more volatile than investments in traditional markets. Some of the main risks are of a political, economic, currency or market-related nature. Furthermore, investments in foreign currencies are subject to exchange rate fluctuations. Investments in the investment products described in this document should be made only after carefully studying and reviewing the product documentation. The opportunities and risks associated with each investment product can be found in the relevant underlying securities prospectus and any other supplementary documents.  All documents will be made available at any time upon request. Greenland (Asia) Securities Co., Limited does not provide tax or legal advice and, before entering into any transaction, investors should independently consider the financial risks as well as the legal, tax, credit and accounting consequences of that transaction. The attached material is not the result of our/a financial analysis. Neither this document nor any copy may be further distributed to any party. In particular, it may not be sent, taken into or distributed in the United States or given to any US person. This restriction applies equally to other jurisdictions, unless such actions are performed in compliance with the applicable laws of such jurisdiction. This communication is confidential and intended solely for the person to whom it is delivered. No part of this communication may be reproduced in any form or by any means or re-distributed without the prior written consent of Greenland (Asia) Securities Co., Limited. This communication should not be construed as an offer to sell any investment or service. This communication does not constitute the solicitation of an offer to purchase or subscribe for any investment or service in any jurisdiction where, or from any person in respect of whom, such a solicitation of an offer is unlawful. If you are in doubt about the securities to which this communication relates, you should consult an independent financial adviser. The information in this communication has been prepared in good faith, however, no representation or warranty, expressed or implied, is or will be made and no responsibility or liability is or will be accepted by Greenland (Asia) Securities Co., Limited or its officers, employees or agents in relation to the accuracy, completeness or fitness for any purpose of this communication. The information stated, opinions expressed and estimates given are subject to change without prior notice.

The services described are provided by Greenland (Asia) Securities Co., Limited or by its subsidiaries and/or affiliates in accordance with appropriate local legislation and regulation. Certain products and services may not be available in all locations or to all Greenland (Asia) Securities Co., Limited clients.

‍Disclaimer

This document was produced by Greenland (Asia) Securities Co., Limited for information purposes only and for the sole use of the recipient. Any information provided by a client (“Client Information”) and used to produce this document will have been checked by Greenland (Asia) Securities Co., Limited for plausibility only and the client notified accordingly of any obvious anomalies. However, Greenland (Asia) Securities Co., Limited has not checked the Client Information in detail for completeness and accuracy and accepts no responsibility whatsoever in respect of the Client Information. The Client makes all investment decisions independently. Past performance, simulations and forecasts are not necessarily a reliable indication of future performance and the value of investments may fall as well as rise. The information contained in this document is only valid at the time this document is produced. A change in the economic environment, possible changes in the law and other events may cause future performance to deviate from that expressed or implied in this document. The information and analyses contained in this document have been gathered from sources that are generally considered to be reliable. However, Greenland (Asia) Securities Co., Limited makes no representation as to their accuracy or completeness in relation to the investment products described and does not accept liability for any direct or consequential losses arising from reliance on the information contained in this document. An Greenland (Asia) Securities Co., Limited Group company may, to the extent permitted by law, participate or invest in other financing transactions with the issuer of the investment products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or derivatives thereof. Alternative investments, derivatives or structured products are complex instruments that typically involve a high degree of risk, and are intended for sale only to investors who are capable of understanding and assuming the risks involved. Investments in emerging markets are speculative and significantly more volatile than investments in traditional markets. Some of the main risks are of a political, economic, currency or market-related nature. Furthermore, investments in foreign currencies are subject to exchange rate fluctuations. Investments in the investment products described in this document should be made only after carefully studying and reviewing the product documentation. The opportunities and risks associated with each investment product can be found in the relevant underlying securities prospectus and any other supplementary documents. All documents will be made available at any time upon request. Greenland (Asia) Securities Co., Limited does not provide tax or legal advice and, before entering into any transaction, investors should independently consider the financial risks as well as the legal, tax, credit and accounting consequences of that transaction. The attached material is not the result of our/a financial analysis. Neither this document nor any copy may be further distributed to any party. In particular, it may not be sent, taken into or distributed in the United States or given to any US person. This restriction applies equally to other jurisdictions, unless such actions are performed in compliance with the applicable laws of such jurisdiction. This communication is confidential and intended solely for the person to whom it is delivered. No part of this communication may be reproduced in any form or by any means or re-distributed without the prior written consent of Greenland (Asia) Securities Co., Limited. This communication should not be construed as an offer to sell any investment or service. This communication does not constitute the solicitation of an offer to purchase or subscribe for any investment or service in any jurisdiction where, or from any person in respect of whom, such a solicitation of an offer is unlawful. If you are in doubt about the securities to which this communication relates, you should consult an independent financial adviser. The information in this communication has been prepared in good faith, however, no representation or warranty, expressed or implied, is or will be made and no responsibility or liability is or will be accepted by Greenland (Asia) Securities Co., Limited or its officers, employees or agents in relation to the accuracy, completeness or fitness for any purpose of this communication. The information stated, opinions expressed and estimates given are subject to change without prior notice.

The services described are provided by Greenland (Asia) Securities Co., Limited or by its subsidiaries and/or affiliates in accordance with appropriate local legislation and regulation.  Certain products and services may not be available in all locations or to all Greenland (Asia) Securities Co., Limited clients.

Greenland (Asia) Securities Co., Limited is regulated and a registered company in Hong Kong. Main office address: Room 6678, 66/F, The Centre, 99 Queens Road Central, Central, Hong Kong. (CR No. 1600588).

2. Discretionary

The disclaimer must be read if you are a discretionary client and the communication or any attachment contains presentations or any other marketing material.

Discretionary Marketing Disclaimer

Greenland (Asia) Securities Co., Limited consider that the attached material is suitable for your consideration, bearing in mind the Financial and Risk Profile we have on record, your investment objectives and documented investment strategy together with the current investment portfolio you hold with us. However, as always, any decision to invest remains with you. Please review the attached material in detail, taking particular note not only of the benefits, but also the risks involved in making any investment. This information is derived from sources provided by the fund manager. Discretionary mandates and/or investment products used within the framework of the mandate may involve a high degree of complexity and risk, or may be subject to stock market fluctuations. Greenland (Asia) Securities Co., Limited believe it to be reliable but make no warranty as to its accuracy and completeness. If you are interested in investing in any of the opportunities mentioned, please do not hesitate to contact us and we will endeavor to provide you with any further information you require, in order that you may make an informed decision as to whether or not you wish to proceed.

Disclaimer

This document was produced by Greenland (Asia) Securities Co., Limited for information purposes only and for the sole use of the recipient. Any information provided by a client (“Client Information”) and used to produce this document will have been checked by Greenland (Asia) Securities Co., Limited for plausibility only and the client notified accordingly of any obvious anomalies. However, Greenland (Asia) Securities Co., Limited has not checked the Client Information in detail for completeness and accuracy and accepts no responsibility whatsoever in respect of the Client Information. The Client makes all investment decisions independently. Past performance, simulations and forecasts are not necessarily a reliable indication of future performance and the value of investments may fall as well as rise. The information contained in this document is only valid at the time this document is produced. A change in the economic environment, possible changes in the law and other events may cause future performance to deviate from that expressed or implied in this document. The information and analyses contained in this document have been gathered from sources that are generally considered to be reliable. However, Greenland (Asia) Securities Co., Limited makes no representation as to their accuracy or completeness in relation to the investment products described and does not accept liability for any direct or consequential losses arising from reliance on the information contained in this document. An Greenland (Asia) Securities Co., Limited Group company may, to the extent permitted by law, participate or invest in other financing transactions with the issuer of the investment products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or derivatives thereof. Alternative investments, derivatives or structured products are complex instruments that typically involve a high degree of risk, and are intended for sale only to investors who are capable of understanding and assuming the risks involved. Investments in emerging markets are speculative and significantly more volatile than investments in traditional markets. Some of the main risks are of a political, economic, currency or market-related nature. Furthermore, investments in foreign currencies are subject to exchange rate fluctuations. Investments in the investment products described in this document should be made only after carefully studying and reviewing the product documentation. The opportunities and risks associated with each investment product can be found in the relevant underlying securities prospectus and any other supplementary documents. All documents will be made available at any time upon request. Greenland (Asia) Securities Co., Limited does not provide tax or legal advice and, before entering into any transaction, investors should independently consider the financial risks as well as the legal, tax, credit and accounting consequences of that transaction. The attached material is not the result of our/a financial analysis. Neither this document nor any copy may be further distributed to any party. In particular, it may not be sent, taken into or distributed in the United States or given to any US person. This restriction applies equally to other jurisdictions, unless such actions are performed in compliance with the applicable laws of such jurisdiction. This communication is confidential and intended solely for the person to whom it is delivered. No part of this communication may be reproduced in any form or by any means or re-distributed without the prior written consent of Greenland (Asia) Securities Co., Limited. This communication should not be construed as an offer to sell any investment or service. This communication does not constitute the solicitation of an offer to purchase or subscribe for any investment or service in any jurisdiction where, or from any person in respect of whom, such a solicitation of an offer is unlawful. If you are in doubt about the securities to which this communication relates, you should consult an independent financial adviser. The information in this communication has been prepared in good faith, however, no representation or warranty, expressed or implied, is or will be made and no responsibility or liability is or will be accepted by Greenland (Asia) Securities Co., Limited or its officers, employees or agents in relation to the accuracy, completeness or fitness for any purpose of this communication. The information stated, opinions expressed and estimates given are subject to change without prior notice.

The services described are provided by Greenland (Asia) Securities Co., Limited or by its subsidiaries and/or affiliates in accordance with appropriate local legislation and regulation. Certain products and services may not be available in all locations or to all Greenland (Asia) Securities Co., Limited clients.

Greenland (Asia) Securities Co., Limited is regulated in Hong Kong for the conduct of Investment Business. Greenland (Asia) Securities Co., Limited is registered company in Hong Kong. Main office address: Room 6678, 66/F, The Centre, 99 Queens Road Central, Central, Hong Kong. (CR No. 1600588) ‍

REGULATORY DISCLOSURES

‍Important Information‍

The material contained on this website is for information only and does not constitute financial or any other advice. Such information is in general terms and specific advice should be obtained in respect of any particular matter. It should be noted that the products, services, information and/or materials contained within these web pages may not be available for residents of certain jurisdictions. Please consult the sales restrictions relating to the products or services in question for further information. Investing carries risk and means that your capital is at risk and that there is no certainty that you will receive your capital back or that a positive return on your investment will be made. Past performance is no guide to future performance. There is no guarantee that the tax efficient nature of any investment will remain. Greenland (Asia) Securities Co., Limited (herein after referred to as “Greenland Securities”), its related entities and the contributors to this site cannot accept responsibility for any loss arising from reliance on anything contained in this site or in any site linked to it

Terms & Conditions‍

By using www.greenlandsecure.com (hereinafter referred to as the “site”) you agree to be bound by these terms, which shall take effect immediately on your first use of the site. If you do not agree to be bound by all of the following terms please do not access, use and/or contribute to the site. Greenland Securities may change these terms from time to time and so you should check these terms regularly. Your continued use of the site will be deemed acceptance of the updated or amended terms. If you do not agree to the changes, you should cease using this site.

Use of the site

You agree to use the site only for lawful purposes, and in a way that does not infringe the rights of, restrict or inhibit anyone else from use and enjoyment of the site. Prohibited behavior includes harassing or causing distress or inconvenience to any person, transmitting obscene or offensive content or disrupting the normal flow of dialogue within the site.

Disclaimer

Greenland Securities has tried to ensure that the contents and information it provides on its site is accurate at the time of posting. Unfortunately, it cannot guarantee the accuracy of contents or information contained in its pages and any person using information contained in them does so entirely at their own risk. Greenland Securities reserves the right to make changes without notice.

Copyright and use

All text, images and other content on this site is copyright of Greenland Securities unless explicitly stated otherwise. It may only be downloaded or copied without first obtaining permission for personal, non-commercial use. If you wish to reproduce site content in any other way, or for any other purpose, you must first contact Greenland Securities for permission.

Linking

Greenland (Asia) Securities Co., Limited may have links to other websites. Greenland Securities is not responsible for the contents, nor does it warrant the accuracy or reliability of any linked website to Greenland Securities, to the extent permissible by law, excludes all liability which may arise from your use or reliance on the information or contents contained in the linked website.

Trademarks

All trademarks on this site remain the property of their respective owners and are used for identification purposes only.

Virus protection

Although care is taken to check and test material at all stages of production, Greenland Securities cannot accept any responsibility for any loss, disruption or damage to your data or your computer system which may occur whilst using material derived from this site.

Intellectual property

By sharing any contribution (including any text, photographs, graphics, video or audio) with Greenland Securities you agree to grant to Greenland Securities, free of charge, permission to use the material in any way it wants (including modifying and adapting it for operational and editorial reasons). Copyright in your contribution will remain with you and this permission is not exclusive, so you can continue to use the material in any way including allowing others to use it.

Risk Warnings

The material on this site is for information purposes only. It provides general details on some of the risks that may be present when investing in financial instruments. You should take time to fully understand the characteristics of such investments and the potential associated risks.

Understanding Risk

All forms of investment involve risk. The price and value of investments and any income that might accrue can fall or rise or fluctuate. You may not get back the amount of your original investment. Past performance is not a reliable guide to future returns. Changes in exchange rates or taxation may have a detrimental effect on the price, value or income of the investments. You should be mindful that investment returns may be affected by charges levied. The effect of inflation may also reduce the value of investments. Some of the other risks that you should consider when investing in financial instruments include:

Concentration risk: The risk that there is an insufficient level of diversification in a portfolio, with the investor disproportionately exposed to one or a limited number of investments, asset classes or market sectors.

Counterparty risk: The risk that a party connected to an investment or transaction is unable to meet its commitment.

Credit risk: The risk of an issuer defaulting on an interest payment and/or being unable to repay the principal investment or financial gain.

Equity risk: The risk that the value of equity becomes worthless as the company becomes insolvent.

Liquidity risk: Risk arising from the inability to buy or sell an investment swiftly enough to prevent or minimise capital loss.

Market risk: The risk that the value of an individual investment or portfolio will fall as a result of factors affecting the overall performance of the markets.

‍The above descriptions do not constitute a definitive list of all the risks associated when investing in financial instruments.