2

                                              0                  1

                                               8                                  0
                                                2
          0




                          968              23-25               200041
23-25th Floor, Garden Square, No. 968 West Beijing Road, Shanghai 200041, China
                /Tel: +86 21 5234 1668        /Fax: +86 21 5234 1670
                        /Website: http://www.grandall.com.cn

                                2019      7
                                                          8




                                    26    ——




         2018   12   4


                             2018    12     20


                               1           2019   3   1


                                                      2019
4   1


                             8
        2018

                         1
    2018




2
    1

1




        3
                                                          “


      1




          1
                                              20                           90%
2017
                   65%                             100%              10%
                               40%                                                5%
  2           8%                                                   15%
                   2        27%                                           2      20%




     10                                                               600,000 2
                                                           100%
                               20%




                           2018

                       2019        4     25           2018                              2018
                                       2019    5      10           2018


1,119,919,277                      ”                       0.12
          2019         5      16                     2018                        2019   5
29



                                                      4
            2018




        2018


    1
                    P10P0       D
                                                 2018
                   20.56   /            20.68   0.12
    2




                                    1




               /                                       /
1                          745,140,709                     749,489,779
2                              22,928,602                   23,062,426
3                               3,862,911                    3,885,457
         20.68                                   20.56
4                               1,038,743                    1,044,806
5                               3,364,318                    3,383,954
6                               2,492,087                    2,506,633




                                5
     2018




“




            6