09:58     START TECH<00706> - Announcement (2)                                

    agreements entered into by Loten.                                         
                                                                              
    Adjustment to the Consideration                                           
    Should the Actual Result be lower than RMB50,000,000                      
    ("Target Performance"), the Consideration shall be                        
    adjusted as follows:                                                      
                                                                              
    Adjusted        =       Original Consideration (RMB50,000,000)            
      Consideration           - the agreed amount as                          
    specified                                                                 
      below:                                                                  
                                                                              
    The percentage of the                                                     
    Actual Result to the                                                      
    Target Performance ("X")        Agreed amount                             
    (RMB)                                                                     
                                                                              
    95%<= X <100%   3,000,000                                                 
    90%<= X <95%    8,000,000                                                 
    85%<= X <90%    13,000,000                                                
    80%<= X <85%    18,000,000                                                
    75%<= X <80%    23,000,000                                                
    70%<= X <75%    28,000,000                                                
    65%<= X <70%    33,000,000                                                
    60%<= X <65%    38,000,000                                                
    55%<= X <60%    43,000,000                                                
    50%<= X <55%    48,000,000                                                
    X <50%  50,000,000                                                        
                                                                              
    In the event that the original Consideration shall                        
    be adjusted in accordance with the above mechanism,                       
    the Vendors shall, at the direction of the Company,                       
    within 30 business days after the issue of the Actual                     
    Result, either:                                                           
                                                                              
    (a)     refund the applicable agreed amount referred to                   
    below to the Company in cash; or                                          
                                                                              
    (b)     transfer the applicable direct or indirect                        
    interests in Loten referred to below to the Company.                      
                                                                              
    Adjusted                                                                  
    Consideration   Agreed amount   Interests in Loten                        
    (RMB)   (RMB)                                                             
                                                                              
    47,000,000      3,000,000       1.8%                                      
    42,000,000      8,000,000       4.8%                                      
    37,000,000      13,000,000      7.8%                                      
    32,000,000      18,000,000      10.8%                                     
    27,000,000      23,000,000      13.8%                                     
    22,000,000      28,000,000      16.8%                                     
    17,000,000      33,000,000      19.8%                                     
    12,000,000      38,000,000      22.8%                                     
    7,000,000       43,000,000      25.8%                                     
    2,000,000       48,000,000      28.8%                                     
    0       50,000,000      30.0%                                             
                                                                              
    Right of first refusal                                                    
    Pursuant to the Sale and Purchase Agreement, the                          
    Vendors have granted to the Company a right of first                      
    refusal over the remaining 70% direct or indirect                         
    interests in Loten at a price to be negotiated and                        
    agreed in good faith by the Vendors and the Company.                      
                                                                              
                                                                              
    The Stock Exchange reserves its right to aggregate                        
    subsequent acquisition(s) of additional interests in                      
    Loten. Further announcement will be made by the                           
    Company in compliance with the Listing Rules when the                     
    Company exercises the right of first refusal.                             
                                                                              
    Subject to the terms of the future proposed disposal                      
    by the Vendors being, in the opinion of the Directors,                    
    favourable to the Group, the Directors may consider