Confidential and for internal use only 1

Shanghai Equity Exchange:Shortcut for SMEs to Flourishin Chinese Market

Confidential and for internal use only 2

China: The Economic Leader

19921993

19941995

19961997

19981999

20002001

20022003

20042005

20062007

20082009

20102011

20122013

20140

1

2

3

4

5

6

7

China GDP 1992-2014GDP (Trillion)

China GDP expands exponentially since 2000 A Robust Personal Income Growth Boosts Personal Consumption 2002-2014

Confidential and for internal use only 3

Unprecedented Business Opportunities in China

Future GDP Expansion

- In 2030, U.S. economy size will be $25 trillion.

- China GDP now $7 trillion and expected to be $22.2 trillion in 2030.

- China GDP will expand $15 trillion

- $15trillion is more than the size of Japan combined Germany economy now.

Expected GDP (Trillion) in 2030 Grey Area = CurrentGreen Area = Expected

Confidential and for internal use only 4

Funding PlatformChina Securities Regulatory Commission(CSRC) aims to- Internationalised China’s capital market - Thus, promoting SEE to be a platform for SMEs to reach international funding

One Belt One Road- Outlined by President Xi Jingping in 2014- Drive trade co-operation for China and nations along Maritime Silk Road such as Thailand, Laos and Myanmar.- Enterprises in South East Asia to gain listed position in China will gain first mover advantage

China: Emerging Market not to Miss

Confidential and for internal use only 5

Tight Trade and Economic Ties TH and China

Thailand’s Largest Importer• In 2014, Thailand has exported

over USD 76.74 billion to China, 26% of Thai’s total export value (IMF).

China-Thailand FTA 2003• China and Thailand signed FTA

in 2003 , allowing 188 types of fruits and vegetables to export to China with zero tariffs.

Confidential and for internal use only 6

What is SEE?

• Shanghai Equity Exchange or SEE

• Founded in 2010 with the approval of , State Council, China Securities Regulatory Commission and Shanghai Municipal Government

• Shanghai government as the major shareholders of SEE (31% holding)

• Aimed to be Nasdaq of China

Stock Exchange Total Listed Companies

SEE 4,967

SSE 1,085

Confidential and for internal use only 7

For Who?

• WHO: Any SMEs with transaction related to China or Chinese business development story

• Especially but not limited to: 1. IT, internet, software, O2O, etc.2. Financial service 3. Aesthetic, holistic medicine, integrative medicine, medical services, Spa products, herbs and spices, etc.4. Alternative energy5. Biotechnology6. Processed food especially Thai food, F&B7. Childcare and elderly care8. Creative economy, value-added, cultural, innovative products and services

Confidential and for internal use only 8

SMEs Shortcut: CHEAP EASY FAST

Top three attractions to encourage enterprises to be listed1) Cost effectiveness for SMEs; 2) Simple listing procedures for foreign enterprises; 3) Fast track to achieve recognition and opportunities for equity financing

Confidential and for internal use only 9

SMEs Shortcut: CHEAP EASY FAST

PR & Marketing Short-cut

Listing Status Credibility PR & Marketing Business Expansion

• SMEs listing in SEE will receive a listing code to be shown on company

brochures, name cards, advertisements, etc.

• Since SEE is backed and owned by Shanghai Government, companies with this

listing code then have high credibility.

• Consequently, it is easier for listed companies to meet new clients, business

partners, suppliers and collaborates in new business projects

• The higher success in business matching, the higher chance for companies to

expand their business in China and elsewhere.

Confidential and for internal use only 10

SMEs Shortcut: CHEAP EASY FAST

Fund Raising Short-cut

Listing Status Credibility + Benefit from Fund Raising Channel Business Expansion

• Being listed = company is tightly screened by both recognized sponsor and SEE.

• Implication = company has good governance, well established business development

plan

• Listed companies can enjoy “members only” benefits such as business matching

seminars held by a sponsor firm linking listed companies to potential investors

• Agreed transaction through brokers for shares traded in secondary market

• Higher chance to succeed in equity, bond placement

• Higher chance to get bank loan and credit line due to credibility.

Confidential and for internal use only 11

Why “NOW” for Thai SMEs?

• Listing in SEE is now very popular, both Chinese and foreign companies • BMI now prepare 30 Japanese SMEs to be listed• SEE will raise requirement soon to lower the no. of CO.• Now companies from Singapore and Malaysia are preparing• These SMEs have the same market capitalization size and are also in the

same industries• If Thai SMEs do not act fast, these SMEs will take the first mover

advantage • Small piece of pie left for Thai SMEs.

Confidential and for internal use only 12

SEE: Steppingstone to HKEx, World Gateway

• HKEx = world leading financial hub, is eyed to be the listing destination

• However, listing in HKEx have higher standard of requirements

• Listing in SEE helps companies to be ready because

1. Improve corporate governance, business development, etc. due to the requirements of SEE and competition among other listed companies

become more prepared to fulfill HKEx requirements

2. Credibility

get equity finance and higher chance of debt finance + business partnering

3. Fund raised for business

Business expansion and has sufficient capital for HKEx

4. Securing more supports from Chinese government

doing business easier + helping to build network

Confidential and for internal use only 13

SEE Foreign Listed Successful Case

• Blanc-(SEE 203857), listed since 2015, paid up capital RMB 1 million

• A premium eyelash extension beauty store from Japan

• Offer one stop tailor made eyelash beauty treatment to customers over the world, including Japan, Thailand, Vietnam, China, Hong Kong and Singapore

Confidential and for internal use only 14

• Blanc successfully expanded its business by cooperating with AEON Store (984 HK), after being a listed company in SEE

The first eyelash branch in Aeon’s Wuhan store

SEE Foreign Listed Successful Case

Confidential and for internal use only 15

Advertisement on official website of AEON Store

Weibo

SEE Foreign Listed Successful Case

Confidential and for internal use only 16

Shanghai BMI Funds Management

• An experienced sponsor which successfully promoted 188 companies to be listed in SEE

• Capital raised after listed over RMB 50 millions

• A listed company in E board since Feb 2015

• Sponsor code BF0047

Confidential and for internal use only 17

Q&E Board Steps and Timeline

Process E Board (6 months) Q Board (4 months)

Company registration in HK & Shanghai (if needed) Yes Yes

Company structure reform Yes No

Sponsor Appointment Yes YesDue diligence Yes NoCompany’s assessment by a sponsor Yes YesSponsor submits application to SEE Yes YesSubmit a share registration detail + “Share Transfer Prospectus”, “Articles of Association”, “Audit Report” and “Legal Opinion

Yes No

SEE assigns stock code Yes YesInformation disclosure on authorized website Yes NoListing ceremony Yes Yes

Confidential and for internal use only 18

Thank you

Confidential and for internal use only 19

END OF PRESENTATION

Disclaimer: BMI Group has made every attempt to ensure the accuracy and reliability of the information provided on this update. However, the information is provided "as is" without warranty of any kind. BMI Group does not accept any responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained on this update.