CHARACTERISTICS OF GEM (“GEM”) OF THE STOCK 香港聯合交易所有限公司（「聯交 EXCHANGE OF HONG KONG LIMITED (THE “STOCK 所」）GEM（「GEM」）的特色 EXCHANGE”) GEM has been positioned as a market designed to GEM的定位，乃為中小型公司提供一個 accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. 上市的市場，此等公司相比起其他在主板 上市的公司帶有較高投資風險。有意投資 的人士應瞭解投資於該等公司的潛在風 險，並應經過審慎周詳的考慮後方作出投 資決定。 Given that the companies listed on GEM are generally small 由於GEM上市的公司普遍為中小型公 and mid-sized companies, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board and no assurance is given that there will be a liquid market in the securities traded on GEM. 司，在 GEM買賣的證券可能會較於主板 買賣的證券承受較大的市場波動風險，同 時無法保證在 GEM買賣的證券會有高流 通量的市場。 Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contents of this report, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this report. 香港交易及結算所有限公司及聯交所對本 報告之內容概不負責，對其準確性或完整 性亦不發表任何聲明，且明確表示概不就 因本報告全部或任何部份內容而產生或因 依賴該等內容而引致的任何損失承擔任何 責任。 This report, for which the directors (the “Director