Company Overview - Mainland Transport Operations Division

The Group has invested in transport service operators in Shenzhen and Beijing as part of its strategy of leveraging transport related business opportunities in China Mainland that offer a reasonable return.

Shenzhen Bus Group Company Limited ("SZBG") is a Sino-foreign joint stock company formed by KMB (Shenzhen) Transport Investment Limited, a wholly-owned subsidiary of the Group, and four Mainland investors. The Group has a 35% stake in SZBG.

Beijing Beiqi Kowloon Taxi Company Limited ("BBKT"), established in Beijing in 2003, was the first Sino-foreign joint stock company to enter China Mainland's taxi hire and car rental business sectors. KMB (Beijing) Taxi Investment Limited, a wholly-owned subsidiary of the Group, holds an equity interest of 31.38% in BBKT.

With a fleet of more than 3,700 taxis, BBKT continues to put service quality first as it explores sustainable new business opportunities.

Beijing Beiqi First Company Limited ("BBF") is a Sino-foreign joint stock company established in April 2013 to operate the car rental business formerly undertaken by BBKT. BBF has over 1,100 vehicles available for charter, mainly servicing Beijing and Tianjin.