Document:

exv4w3

Exhibit 4.3

DEPOSIT AGREEMENT

by and among

NETQIN MOBILE INC.

as Issuer,

DEUTSCHE BANK TRUST COMPANY AMERICAS

as Depositary,

AND

THE HOLDERS AND BENEFICIAL OWNERS

OF AMERICAN DEPOSITARY SHARES EVIDENCED BY

AMERICAN DEPOSITARY RECEIPTS ISSUED HEREUNDER

Dated as of      , 2011

 

 

DEPOSIT AGREEMENT

DEPOSIT AGREEMENT, dated as of                    , 2011, by and among (i) NetQin Mobile Inc., a company
incorporated in the Cayman Islands, with its principal executive office at No. 4 Building, 11
Heping Li East Street, Dongcheng District, Beijing 100013, The People’s Republic of China and its
successors (the “Company”), (ii) Deutsche Bank Trust Company Americas, an indirect wholly owned
subsidiary of Deutsche Bank A.G., acting in its capacity as depositary, with its principal office
at 60 Wall Street, New York, NY 10005, United States of America and any successor depositary
hereunder (the “Depositary”), and (iii) all Holders and Beneficial Owners of American Depositary
Shares evidenced by American Depositary Receipts issued hereunder (all such capitalized terms as
hereinafter defined).

W I T N E S S E T H T H A T:

WHEREAS, the Company desires to establish an ADR facility with the Depositary to provide for the
deposit of the Shares and the creation of American Depositary Shares representing the Shares so
deposited; and

WHEREAS, the Depositary is willing to act as the Depositary for such ADR facility upon the terms
set forth in this Deposit Agreement; and

WHEREAS, the American Depositary Receipts evidencing the American Depositary Shares issued pursuant
to the terms of this Deposit Agreement are to be substantially in the forms of Exhibit A
and Exhibit B annexed hereto, with appropriate insertions, modifications and omissions, as
hereinafter provided in this Deposit Agreement; and

WHEREAS, the American Depositary Shares to be issued pursuant to the terms of this Deposit
Agreement are accepted for trading on the New York Stock Exchange; and

WHEREAS, the Board of Directors of the Company (or an authorized committee thereof) has duly
approved the establishment of an ADR facility upon the terms set forth in this Deposit Agreement,
the execution and delivery of this Deposit Agreement on behalf of the Company, and the actions of
the Company and the transactions contemplated herein.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows:

ARTICLE I.

DEFINITIONS

All capitalized terms used, but not otherwise defined, herein shall have the meanings set forth
below, unless otherwise clearly indicated:

     SECTION 1.1 “Affiliate” shall have the meaning assigned to such term by the
Commission under Regulation C promulgated under the Securities Act.

     SECTION 1.2 “Agent” shall mean such entity or entities as the Depositary may appoint
under Section 7.8 hereof, including the Custodian or any successor or addition thereto.

 

 

     SECTION 1.3 “American Depositary Share(s)” and “ADS(s)” shall mean the securities
represented by the rights and interests in the Deposited Securities granted to the Holders and
Beneficial Owners pursuant to this Deposit Agreement and evidenced by the American Depositary
Receipts issued hereunder. Each American Depositary Share shall represent the right to receive
[five] Shares, until there shall occur a distribution upon Deposited Securities referred to in
Section 4.2 hereof or a change in Deposited Securities referred to in Section 4.9 hereof with
respect to which additional American Depositary Receipts are not executed and delivered and
thereafter each American Depositary Share shall represent the Shares or Deposited Securities
specified in such Sections.

     SECTION 1.4 “Article” shall refer to an article of the American Depositary Receipts
as set forth in the Form of Face of Receipt and Form of Reverse of Receipt in Exhibit A and Exhibit
B annexed hereto.

     SECTION 1.5 “Articles of Association” shall mean the articles of association of the
Company.

     SECTION 1.6 “ADS Record Date” shall have the meaning given to such term in Section
4.7 hereof.

     SECTION 1.7 “Beneficial Owner” shall mean as to any ADS, any person or entity having
a beneficial interest in such ADS. A Beneficial Owner need not be the Holder of the ADR evidencing
such ADSs. A Beneficial Owner may exercise any rights or receive any benefits hereunder solely
through the Holder of the ADR(s) evidencing the ADSs in which such Beneficial Owner has an
interest.

     SECTION 1.8 “Business Day” shall mean each Monday, Tuesday, Wednesday, Thursday and
Friday which is not (a) a day on which banking institutions in the Borough of Manhattan, The City
of New York are authorized or obligated by law or executive order to close and (b) a day on which
the market(s) in which Receipts are traded are closed.

     SECTION 1.9 “Commission” shall mean the Securities and Exchange Commission of the
United States or any successor governmental agency in the United States.

     SECTION 1.10 “Company” shall mean NetQin Mobile Inc., a company incorporated and
existing under the laws of the Cayman Islands, and its successors.

     SECTION 1.11 “Corporate Trust Office” when used with respect to the Depositary, shall
mean the corporate trust office of the Depositary at which at any particular time its depositary
receipts business shall be administered, which, at the date of this Deposit Agreement, is located
at 60 Wall Street, New York, New York 10005, U.S.A.

     SECTION 1.12 “Custodian” shall mean, as of the date hereof, Deutsche Bank AG, Hong
Kong Branch, having its principal office at 57/F International Commerce Centre, 1 Austin Road West,
Kowloon, Hong Kong S.A.R., People’s Republic of China, as the custodian for the purposes of this
Deposit Agreement, and any other firm or corporation which may hereinafter be appointed by the
Depositary pursuant to the terms of Section 5.5 hereof as a successor or an additional custodian or
custodians hereunder, as the context shall require. The term “Custodian” shall mean all
custodians, collectively.

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     SECTION 1.13 “Deliver”, “Deliverable” and “Delivery” shall mean, when
used in respect of American Depositary Shares, Receipts, Deposited Securities and Shares, the
physical delivery of the certificate representing such security, or the electronic delivery of such
security by means of book-entry transfer (except with respect to the Shares), as appropriate,
including, without limitation, through DRS/Profile. With respect to DRS/Profile ADRs, the terms
“execute”, “issue”, “register”, “surrender”, “transfer” or
“cancel” refer to applicable entries or movements to or within DRS/Profile.

     SECTION 1.14 “Deposit Agreement” shall mean this Deposit Agreement and all exhibits
annexed hereto, as the same may from time to time be amended and supplemented in accordance with
the terms hereof.

     SECTION 1.15 “Depositary” shall mean Deutsche Bank Trust Company Americas, an
indirect wholly owned subsidiary of Deutsche Bank AG, in its capacity as depositary under the terms
of this Deposit Agreement, and any successor depositary hereunder.

     SECTION 1.16 “Deposited Securities” as of any time shall mean Shares at such time
deposited or deemed to be deposited under this Deposit Agreement and any and all other securities,
property and cash received or deemed to be received by the Depositary or the Custodian in respect
thereof and held hereunder, subject, in the case of cash, to the provisions of Section 4.6 hereof
and, in the case of collateral delivered in connection with Pre-Release Transactions, to the
provisions of Section 2.10 hereof.

     SECTION 1.17 “Dollars” and “$” shall mean the lawful currency of the United States.

     SECTION 1.18 “DRS/Profile” shall mean the system for the uncertificated registration
of ownership of securities pursuant to which ownership of ADSs is maintained on the books of the
Depositary without the issuance of a physical certificate and transfer instructions may be given to
allow for the automated transfer of ownership between the books of DTC and the Depositary.
Ownership of ADSs held in DRS/Profile are evidenced by periodic statements issued by the Depositary
to the Holders entitled thereto.

     SECTION 1.19 “DTC” shall mean The Depository Trust Company, the central book-entry
clearinghouse and settlement system for securities traded in the United States, and any successor
thereto.

     SECTION 1.20 “Exchange Act” shall mean the U.S. Securities Exchange Act of 1934, as
from time to time amended.

     SECTION 1.21 “Foreign Currency” shall mean any currency other than Dollars.

     SECTION 1.22 “Foreign Registrar” shall mean the entity, if any, that carries out the
duties of registrar for the Shares or any successor as registrar for the Shares and any other
appointed agent of the Company for the transfer and registration of Shares or, if no such agent is
so appointed and acting, the Company.

     SECTION 1.23 “Holder” shall mean the person in whose name a Receipt is registered on
the books of the Depositary (or the Registrar, if any) maintained for such purpose. A Holder may
or may not be a Beneficial Owner. A Holder shall be deemed to

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have all requisite authority to act on behalf of the Beneficial Owners of the ADRs registered
in such Holder’s name.

     SECTION 1.24 “Indemnified Person” and “Indemnifying Person” shall have the meaning
set forth in Section 5.8 hereof.

     SECTION 1.25 “Memorandum” shall mean the memorandum of association of the Company.

     SECTION 1.26 “Opinion of Counsel” shall mean a written opinion from legal counsel to
the Company who is acceptable to the Depositary.

     SECTION 1.27 “Pre-Release Transaction” shall have the meaning set forth in Section
2.10 hereof.

     SECTION 1.28 “Receipt(s); “American Depositary Receipt(s)”; and “ADR(s)” shall mean
the certificate(s) or statements issued by the Depositary evidencing the American Depositary Shares
issued under the terms of this Deposit Agreement, as such Receipts may be amended from time to time
in accordance with the provisions of this Deposit Agreement. References to Receipts shall include
physical certificated Receipts as well as ADSs issued through DRS/Profile, unless the context
otherwise requires.

     SECTION 1.29 “Registrar” shall mean the Depositary or any bank or trust company
having an office in the Borough of Manhattan, The City of New York, which shall be appointed by the
Depositary to register ownership of Receipts and transfer of Receipts as herein provided, shall
include any co-registrar appointed by the Depositary for such purposes. Registrars (other than the
Depositary) may be removed and substitutes appointed by the Depositary.

     SECTION 1.30 “Restricted ADRs” shall have the meaning set forth in Section 2.11
hereof.

     SECTION 1.31 “Restricted ADSs” shall have the meaning set forth in Section 2.11
hereof.

     SECTION 1.32 “Restricted Securities” shall mean Shares, or American Depositary Shares
representing such Shares, which (i) have been acquired directly or indirectly from the Company or
any of its Affiliates in a transaction or chain of transactions not involving any public offering
and subject to resale limitations under the Securities Act or the rules issued thereunder, (ii) are
held by an officer or director (or persons performing similar functions) or other Affiliate of the
Company or (iii) are subject to other restrictions on sale or deposit under the laws of the United
States or the Cayman Islands, under a shareholders’ agreement, shareholders’ lock-up agreement or
the Articles of Association or under the regulations of an applicable securities exchange unless,
in each case, such Shares are being sold to persons other than an Affiliate of the Company in a
transaction (x) covered by an effective resale registration statement or (y) exempt from the
registration requirements of the Securities Act (as hereafter defined) and the Shares are not, when
held by such person, Restricted Securities.

     SECTION 1.33 “Restricted Shares” shall have the meaning set forth in Section 2.11
hereof.

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     SECTION 1.34 “Securities Act” shall mean the United States Securities Act of 1933, as
from time to time amended.

     SECTION 1.35 “Shares” shall mean Class A common shares in registered form of the
Company, par value $0.0001 each, heretofore or hereafter validly issued and outstanding and fully
paid. References to Shares shall include evidence of rights to receive Shares, whether or not
stated in the particular instance; provided, however, that in no event shall Shares include
evidence of rights to receive Shares with respect to which the full purchase price has not been
paid or Shares as to which pre-emptive rights have theretofore not been validly waived or
exercised; and provided further, however, that, if there shall occur any change in par value,
split-up, consolidation, reclassification, conversion or any other event described in Section 4.9
hereof in respect of the Shares, the term “Shares” shall thereafter, to the extent permitted by
law, represent the successor securities resulting from such change in par value, split-up,
consolidation, exchange, conversion, reclassification or event.

     SECTION 1.36 “United States” or “U.S.” shall mean the United States of America.

ARTICLE II.

APPOINTMENT OF DEPOSITARY; FORM OF RECEIPT; DEPOSIT OF SHARES;

EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF RECEIPTS

     SECTION 2.1 Appointment of Depositary. The Company hereby appoints the Depositary as
exclusive depositary for the Deposited Securities and hereby authorizes and directs the Depositary
to act in accordance with the terms set forth in this Deposit Agreement. Each Holder and each
Beneficial Owner, upon acceptance of any ADSs (or any interest therein) issued in accordance with
the terms of this Deposit Agreement, shall be deemed for all purposes to (a) be a party to and
bound by the terms of this Deposit Agreement and (b) appoint the Depositary its attorney-in-fact,
with full power to delegate, to act on its behalf and to take any and all actions contemplated in
this Deposit Agreement, to adopt any and all procedures necessary to comply with applicable law and
to take such action as the Depositary in its sole discretion may deem necessary or appropriate to
carry out the purposes of this Deposit Agreement (the taking of such actions to be the conclusive
determinant of the necessity and appropriateness thereof).

     SECTION 2.2 Form and Transferability of Receipts.

(a) Form. Receipts in certificated form shall be substantially in the forms set forth in
Exhibit A and Exhibit B annexed to this Deposit Agreement, with appropriate
insertions, modifications and omissions, as hereinafter provided. Receipts may be issued in
denominations of any number of American Depositary Shares. No Receipt in certificated form shall
be entitled to any benefits under this Deposit Agreement or be valid or obligatory for any purpose,
unless such Receipt shall have been executed by the Depositary by the manual or facsimile signature
of a duly authorized signatory of the Depositary. The Depositary shall maintain books on which
each Receipt so executed and Delivered, in the case of Receipts in certificated form, and each
Receipt issued through any book-entry system, including, without limitation, DRS/Profile, in either
case as hereinafter provided, and the transfer of each such Receipt shall be registered. Receipts
in certificated form bearing the manual or facsimile signature of a duly authorized signatory of
the Depositary who was at any time a proper signatory of the Depositary shall bind the Depositary,
notwithstanding that

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such signatory has ceased to hold such office prior to the execution and Delivery of such Receipts
by the Registrar or did not hold such office on the date of issuance of such Receipts.

Notwithstanding anything in this Deposit Agreement or in the form of Receipt to the contrary, the
Depositary may, in its discretion, issue ADRs, including Restricted ADRs, in certificated form or
through any book-entry system, including, without limitation, DRS/Profile, and Holders of ADRs
shall only be entitled to receive Receipts in certificated form to the extent the Depositary has
made Receipts in certificated form available at the expense of the Company (i) in its sole
discretion, or (ii) (a) during a continuous period lasting at least 14 days during which DTC ceases
to operate as a book-entry clearing house and settlement system (other than by reason of holidays,
statutory or otherwise) or (b) if DTC announces an intention permanently to cease and subsequently
ceases business as a book-entry clearing house and settlement system and no alternative book-entry
clearing house and settlement system satisfactory to the Depositary is available within 45 days.
Holders and Beneficial Owners shall be bound by the terms and conditions of this Deposit Agreement
and of the form of Receipt, regardless of whether their Receipts are in certificated form or are
issued through any book-entry system, including, without limitation, DRS/Profile.

(b) Legends. In addition to the foregoing, the Receipts may, and upon the written request
of the Company shall, be endorsed with, or have incorporated in the text thereof, such legends or
recitals or modifications not inconsistent with the provisions of this Deposit Agreement as may be
(i) necessary to enable the Depositary and the Company to perform their respective obligations
hereunder, (ii) required to comply with any applicable laws or regulations, or with the rules and
regulations of any securities exchange or market upon which ADSs may be traded, listed or quoted,
or to conform with any usage with respect thereto, (iii) necessary to indicate any special
limitations or restrictions to which any particular ADRs or ADSs are subject by reason of the date
of issuance of the Deposited Securities or otherwise or (iv) required by any book-entry system in
which the ADSs are held. Holders and Beneficial Owners shall be deemed, for all purposes, to have
notice of, and to be bound by, the terms and conditions of the legends set forth, in the case of
Holders, on the ADR registered in the name of the applicable Holders or, in the case of Beneficial
Owners, on the ADR representing the ADSs owned by such Beneficial Owners.

(c) Title. Subject to the limitations contained herein and in the form of Receipt, title to
a Receipt (and to the ADSs evidenced thereby), when properly endorsed (in the case of certificated
Receipts) or upon delivery to the Depositary of proper instruments of transfer, shall be
transferable by delivery with the same effect as in the case of a negotiable instrument under the
laws of the State of New York; provided, however, that the Depositary, notwithstanding any notice
to the contrary, may treat the Holder thereof as the absolute owner thereof for the purpose of
determining the person entitled to distribution of dividends or other distributions or to any
notice provided for in this Deposit Agreement and for all other purposes and neither the Depositary
nor the Company will have any obligation or be subject to any liability under the Deposit Agreement
to any holder of a Receipt, unless such holder is the Holder thereof.

     SECTION 2.3 Deposits.

(a) Subject to the terms and conditions of this Deposit Agreement and applicable law, Shares or
evidence of rights to receive Shares (including Restricted Securities) may be deposited by any
person (including the Depositary in its individual capacity but subject,

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however, in the case of the Company or any Affiliate of the Company, to Section 5.7 hereof) at any
time beginning on the 181st day after the date of the prospectus contained in the registration
statement on Form F-1 under which the ADSs are first sold, whether or not the transfer books of the
Company or the Foreign Registrar, if any, are closed, by Delivery of the Shares to the Custodian.
Except for Shares deposited by the Company in connection with the initial sale of ADSs under the
registration statement on Form F-1, no deposit of Shares shall be accepted under this Deposit
Agreement prior to such date. Every deposit of Shares shall be accompanied by the following:
(A)(i) in the case of Shares issued in registered form, appropriate instruments of transfer or
endorsement, in a form satisfactory to the Custodian, (ii) in the case of Shares issued in bearer
form, such Shares or the certificates representing such Shares and (iii) in the case of Shares
Delivered by book-entry transfer, confirmation of such book-entry transfer to the Custodian or that
irrevocable instructions have been given to cause such Shares to be so transferred, (B) such
certifications and payments (including, without limitation, the Depositary’s fees and related
charges) and evidence of such payments (including, without limitation, stamping or otherwise
marking such Shares by way of receipt) as may be required by the Depositary or the Custodian in
accordance with the provisions of this Deposit Agreement, (C) if the Depositary so requires, a
written order directing the Depositary to execute and Deliver to, or upon the written order of, the
person or persons stated in such order a Receipt or Receipts for the number of American Depositary
Shares representing the Shares so deposited, (D) evidence satisfactory to the Depositary (which may
include an Opinion of Counsel reasonably satisfactory to the Depositary provided at the cost of the
person seeking to deposit Shares) that all conditions to such deposit have been met and all
necessary approvals have been granted by, and there has been compliance with the rules and
regulations of, any applicable governmental agency and (E) if the Depositary so requires, (i) an
agreement, assignment or instrument satisfactory to the Depositary or the Custodian which provides
for the prompt transfer by any person in whose name the Shares are or have been recorded to the
Custodian of any distribution, or right to subscribe for additional Shares or to receive other
property in respect of any such deposited Shares or, in lieu thereof, such indemnity or other
agreement as shall be satisfactory to the Depositary or the Custodian and (ii) if the Shares are
registered in the name of the person on whose behalf they are presented for deposit, a proxy or
proxies entitling the Custodian to exercise voting rights in respect of the Shares for any and all
purposes until the Shares so deposited are registered in the name of the Depositary, the Custodian
or any nominee. No Share shall be accepted for deposit unless accompanied by confirmation or such
additional evidence, if any is required by the Depositary, that is reasonably satisfactory to the
Depositary or the Custodian that all conditions to such deposit have been satisfied by the person
depositing such Shares under the laws and regulations of the Cayman Islands and any necessary
approval has been granted by any governmental
 body in the Cayman Islands, if any, which is then
performing the function of the regulator of currency exchange. The Depositary may issue Receipts
against evidence of rights to receive Shares from the Company, any agent of the Company or any
custodian, registrar, transfer agent, clearing agency or other entity involved in ownership or
transaction records in respect of the Shares. Without limitation of the foregoing, the Depositary
shall not knowingly accept for deposit under this Deposit Agreement any Shares or other Deposited
Securities required to be registered under the provisions of the Securities Act, unless a
registration statement is in effect as to such Shares or other Deposited Securities, or any Shares
or other Deposited Securities the deposit of which would violate any provisions of the Memorandum
and Articles of Association. The Depositary shall use commercially reasonable efforts to comply
with reasonable written instructions of the Company that the Depositary shall not accept for
deposit hereunder any Shares specifically identified in such instructions at such times and under
such circumstances as may reasonably be specified in

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such instructions in order to facilitate the Company’s compliance with the securities laws in the
United States and other jurisdictions, provided that the Company shall indemnify the Depositary and
the Custodian for any claims and losses arising from not accepting the deposit of any Shares
identified in the Company’s instructions.

(b) As soon as practicable after receipt of any permitted deposit hereunder and compliance with the
provisions of this Deposit Agreement, the Custodian shall present the Shares so deposited, together
with the appropriate instrument or instruments of transfer or endorsement, duly stamped, to the
Foreign Registrar for transfer and registration of the Shares (as soon as transfer and registration
can be accomplished and at the expense of the person for whom the deposit is made) in the name of
the Depositary, the Custodian or a nominee of either. Deposited Securities shall be held by the
Depositary or by a Custodian for the account and to the order of the Depositary or a nominee, in
each case for the account of the Holders and Beneficial Owners, at such place or places as the
Depositary or the Custodian shall determine.

(c) In the event any Shares are deposited which entitle the holders thereof to receive a per-share
distribution or other entitlement in an amount different from the Shares then on deposit, the
Depositary is authorized to take any and all actions as may be necessary (including, without
limitation, making the necessary notations on Receipts) to give effect to the issuance of such ADSs
and to ensure that such ADSs are not fungible with other ADSs issued hereunder until such time as
the entitlement of the Shares represented by such non-fungible ADSs equals that of the Shares
represented by ADSs prior to such deposit. The Company agrees to give timely written notice to the
Depositary if any Shares issued or to be issued contain rights different from those of any other
Shares theretofore issued and shall assist the Depositary with the establishment of procedures
enabling the identification of such non-fungible Shares upon Delivery to the Custodian.

     SECTION 2.4 Execution and Delivery of Receipts. After the deposit of any Shares
pursuant to Section 2.3 hereof, the Custodian shall notify the Depositary of such deposit and the
person or persons to whom or upon whose written order a Receipt or Receipts are Deliverable in
respect thereof and the number of American Depositary Shares to be evidenced thereby. Such
notification shall be made by letter, first class airmail postage prepaid, or, at the request, risk
and expense of the person making the deposit, by cable, telex, SWIFT, facsimile or electronic
transmission. After receiving such notice from the Custodian, the Depositary, subject to this
Deposit Agreement (including, without limitation, the payment of the fees, expenses, taxes and/or
other charges owing hereunder), shall issue the ADSs representing the Shares so deposited to or
upon the order of the person or persons named in the notice delivered to the Depositary and shall
execute and Deliver a Receipt registered in the name or names requested by such person or persons
evidencing in the aggregate the number of American Depositary Shares to which such person or
persons are entitled. Nothing herein shall prohibit any Pre-Release Transaction upon the terms set
forth in this Deposit Agreement.

     SECTION 2.5 Transfer of Receipts; Combination and Split-up of Receipts.

(a) Transfer. The Depositary, or, if a Registrar (other than the Depositary) for the
Receipts shall have been appointed, the Registrar, subject to the terms and conditions of this
Deposit Agreement, shall register transfers of Receipts on its books, upon surrender at the
Corporate Trust Office of the Depositary of a Receipt by the Holder thereof in person or by duly
authorized attorney, properly endorsed in the case of a certificated Receipt or

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accompanied by, or in the case of DRS/Profile Receipts receipt by the Depositary of, proper
instruments of transfer (including signature guarantees in accordance with standard industry
practice) and duly stamped as may be required by the laws of the State of New York and of the
United States and any other applicable law. Subject to the terms and conditions of this Deposit
Agreement, including payment of the applicable fees and charges of the Depositary set forth in
Section 5.9 hereof and Article (9) of Exhibit A hereto, the Depositary shall execute a new Receipt
or Receipts and Deliver the same to or upon the order of the person entitled thereto evidencing the
same aggregate number of American Depositary Shares as those evidenced by the Receipts surrendered.

(b) Combination and Split Up. The Depositary, subject to the terms and conditions of this
Deposit Agreement shall, upon surrender of a Receipt or Receipts for the purpose of effecting a
split-up or combination of such Receipt or Receipts and upon payment to the Depositary of the
applicable fees and charges set forth in Section 5.9 hereof and Article (9) of Exhibit A hereto,
execute and Deliver a new Receipt or Receipts for any authorized number of American Depositary
Shares requested, evidencing the same aggregate number of American Depositary Shares as the Receipt
or Receipts surrendered.

(c) Co-Transfer Agents. The Depositary may appoint one or more co-transfer agents for the
purpose of effecting transfers, combinations and split-ups of Receipts at designated transfer
offices on behalf of the Depositary. In carrying out its functions, a co-transfer agent may require
evidence of authority and compliance with applicable laws and other requirements by Holders or
persons entitled to such Receipts and will be entitled to protection and indemnity, in each case to
the same extent as the Depositary. Such co-transfer agents may be removed and substitutes appointed
by the Depositary. Each co-transfer agent appointed under this Section 2.5 (other than the
Depositary) shall give notice in writing to the Depositary accepting such appointment and agreeing
to be bound by the applicable terms of this Deposit Agreement.

(d) Substitution of Receipts. At the request of a Holder, the Depositary shall, for the
purpose of substituting a certificated Receipt with a Receipt issued through DRS/Profile, or vice
versa, execute and Deliver a certificated Receipt or DRS/Profile statement, as the case may be, for
any authorized number of ADSs requested, evidencing the same aggregate number of ADSs as those
evidenced by the certificated Receipt or DRS/Profile statement, as the case may be, substituted.

     SECTION 2.6 Surrender of Receipts and Withdrawal of Deposited Securities. Upon
surrender, at the Corporate Trust Office of the Depositary, of American Depositary Shares for the
purpose of withdrawal of the Deposited Securities represented thereby, and upon payment of (i) the
fees and charges of the Depositary for the making of withdrawals of Deposited Securities and
cancellation of Receipts (as set forth in Section 5.9 hereof and Article (9) of Exhibit A hereto)
and (ii) all applicable taxes and/or governmental charges payable in connection with such surrender
and withdrawal, and subject to the terms and conditions of this Deposit Agreement, the Memorandum
and Articles of Association, Section 7.10 hereof and any other provisions of or governing the
Deposited Securities and other applicable laws, the Holder of such American Depositary Shares shall
be entitled to Delivery, to him or upon his order, of the Deposited Securities at the time
represented by the American Depositary Shares so surrendered. American Depositary Shares may be
surrendered for the purpose of withdrawing Deposited Securities by Delivery of a Receipt evidencing
such American Depositary Shares (if held in certificated form) or by book-entry Delivery of such
American Depositary Shares to the Depositary.

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A Receipt surrendered for such purposes shall, if so required by the Depositary, be properly
endorsed in blank or accompanied by proper instruments of transfer in blank, and if the Depositary
so requires, the Holder thereof shall execute and deliver to the Depositary a written order
directing the Depositary to cause the Deposited Securities being withdrawn to be Delivered to or
upon the written order of a person or persons designated in such order. Thereupon, the Depositary
shall direct the Custodian to Deliver (without unreasonable delay) at the designated office of the
Custodian or through a book-entry delivery of the Shares (in either case, subject to Sections 2.7,
3.1, 3.2, 5.9, hereof and to the other terms and conditions of this Deposit Agreement, to the
Memorandum and Articles of Association, to the provisions of or governing the Deposited Securities
and to applicable laws, now or hereafter in effect) to or upon the written order of the person or
persons designated in the order delivered to the Depositary as provided above, the Deposited
Securities represented by such American Depositary Shares, together with any certificate or other
proper documents of or relating to title of the Deposited Securities as may be legally required, as
the case may be, to or for the account of such person.

The Depositary may, in its discretion, refuse to accept for surrender a number of American
Depositary Shares representing a number other than a whole number of Shares. In the case of
surrender of a Receipt evidencing a number of American Depositary Shares representing other than a
whole number of Shares, the Depositary shall cause ownership of the appropriate whole number of
Shares to be Delivered in accordance with the terms hereof, and shall, at the discretion of the
Depositary, either (i) issue and Deliver to the person surrendering such Receipt a new Receipt
evidencing American Depositary Shares representing any remaining fractional Share, or (ii) sell or
cause to be sold the fractional Shares represented by the Receipt surrendered and remit the
proceeds of such sale (net of (a) applicable fees and charges of, and expenses incurred by, the
Depositary and (b) taxes and/or governmental charges) to the person surrendering the Receipt.

At the request, risk and expense of any Holder so surrendering a Receipt, and for the account of
such Holder, the Depositary shall direct the Custodian to forward (to the extent permitted by law)
any cash or other property (other than securities) held in respect of, and any certificate or
certificates and other proper documents of or relating to title to, the Deposited Securities
represented by such Receipt to the Depositary for delivery at the Corporate Trust Office of the
Depositary, and for further Delivery to such Holder. Such direction shall be given by letter or,
at the request, risk and expense of such Holder, by cable, telex or facsimile transmission. Upon
receipt by the Depositary, the Depositary may make delivery to such person or persons entitled
thereto at the Corporate Trust Office of the Depositary of any dividends or cash distributions with
respect to the Deposited Securities represented by such American Depositary Shares, or of any
proceeds of sale of any dividends, distributions or rights, which may at the time be held by the
Depositary.

     SECTION 2.7 Limitations on Execution and Delivery, Transfer, etc. of Receipts; Suspension
of Delivery, Transfer, etc.

(a) Additional Requirements. As a condition precedent to the execution and Delivery,
registration, registration of transfer, split-up, subdivision, combination or surrender of any
Receipt, the Delivery of any distribution thereon or withdrawal of any Deposited Securities, the
Depositary or the Custodian may require (i) payment from the depositor of Shares or presenter of
the Receipt of a sum sufficient to reimburse it for any tax or other governmental charge and any
stock transfer or registration fee with respect thereto (including any such tax or charge and fee
with respect to Shares being deposited or withdrawn) and payment of any

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applicable fees and charges of the Depositary as provided in Section 5.9 hereof and Article (9) of
Exhibit A hereto, (ii) the production of proof satisfactory to it as to the identity and
genuineness of any signature or any other matter contemplated by Section 3.1 hereof and (iii)
compliance with (A) any laws or governmental regulations relating to the execution and Delivery of
Receipts or American Depositary Shares or to the withdrawal or Delivery of Deposited Securities and
(B) such reasonable regulations and procedures as the Depositary may establish consistent with the
provisions of this Deposit Agreement and applicable law.

(b) Additional Limitations. The issuance of ADSs against deposits of Shares generally or
against deposits of particular Shares may be suspended, or the issuance of ADSs against the deposit
of particular Shares may be withheld, or the registration of transfer of Receipts in particular
instances may be refused, or the registration of transfers of Receipts generally may be suspended,
during any period when the transfer books of the Depositary are closed or if any such action is
deemed necessary or advisable by the Depositary or the Company, in good faith, at any time or from
time to time because of any requirement of law, any government or governmental body or commission
or any securities exchange on which the Receipts or Shares are listed, or under any provision of
this Deposit Agreement or provisions of, or governing, the Deposited Securities, or any meeting of
shareholders of the Company or for any other reason, subject, in all cases, to Section 7.10 hereof.

     SECTION 2.8 Lost Receipts, etc. To the extent the Depositary has issued Receipts in
physical certificated form, in case any Receipt shall be mutilated, destroyed, lost or stolen,
unless the Depositary has notice that such ADR has been acquired by a bona fide purchaser, subject
to Section 5.9 hereof, the Depositary shall execute and Deliver a new Receipt (which, in the
discretion of the Depositary may be issued through DRS/Profile unless specifically requested
otherwise) in exchange and substitution for such mutilated Receipt upon cancellation thereof, or in
lieu of and in substitution for such destroyed, lost or stolen Receipt. Before the Depositary
shall execute and Deliver a new Receipt in substitution for a destroyed, lost or stolen Receipt,
the Holder thereof shall have (a) filed with the Depositary (i) a request for such execution and
delivery before the Depositary has notice that the Receipt has been acquired by a bona fide
purchaser and (ii) a sufficient indemnity bond in form and amount acceptable to the Depositary and
(b) satisfied any other reasonable requirements imposed by the Depositary.

     SECTION 2.9 Cancellation and Destruction of Surrendered Receipts; Maintenance of
Records. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. The
Depositary is authorized to destroy Receipts so cancelled in accordance with its customary
practices. Cancelled Receipts shall not be entitled to any benefits under this Deposit Agreement
or be valid or obligatory for any purpose.

     SECTION 2.10 Pre-Release. Subject to the further terms and provisions of this
Section 2.10, the Depositary, its Affiliates and their agents, on their own behalf, may own and
deal in any class of securities of the Company and its Affiliates and in ADSs. In its capacity as
Depositary, the Depositary shall not lend Shares or ADSs; provided, however, that the Depositary
may, unless otherwise instructed by the Company, (i) issue ADSs prior to the receipt of Shares
pursuant to Section 2.3 hereof and (ii) Deliver Shares prior to the receipt and cancellation of
ADSs which were issued under (i) above but for which Shares may not yet have been received (each
such transaction, a “Pre-Release Transaction”). The Depositary may receive ADSs in lieu of Shares
under (i) above and receive Shares in lieu of ADSs under (ii) above. Each such Pre-Release
Transaction will be (a) accompanied by or subject to a written agreement whereby the person or
entity (the “Applicant”) to whom ADSs

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or Shares are to be Delivered (1) represents that at the time of the Pre-Release Transaction
the Applicant or its customer owns the Shares or ADSs that are to be Delivered by the Applicant
under such Pre-Release Transaction, (2) agrees to indicate the Depositary as the legal owner of
such Shares or ADSs in its records and to hold such Shares or ADSs in trust for the Depositary
until such Shares or ADSs are Delivered to the Depositary or the Custodian, (3) unconditionally
guarantees to deliver to the Depositary or the Custodian, as applicable, such Shares or ADSs and
(4) agrees to any additional restrictions or requirements that the Depositary deems appropriate,
(b) at all times fully collateralized with cash, United States government securities or such other
collateral as the Depositary deems appropriate, (c) terminable by the Depositary on not more than
five Business Days’ notice (save for a prescribed termination event in which case any such
Pre-Release Transaction may be immediately terminable by the Depositary) and (d) subject to such
further indemnities and credit regulations as the Depositary deems appropriate. The Depositary
will normally limit the number of ADSs and Shares involved in such Pre-Release Transactions at any
one time to 30% of the ADSs outstanding (without giving effect to ADSs outstanding pursuant to any
Pre-Release Transaction under (i) above), provided, however, that the Depositary reserves the right
to change or disregard such limit from time to time as it deems appropriate. The Depositary may
also set limits with respect to the number of ADSs and Shares involved in Pre-Release Transactions
with any one person on a case by case basis as it deems appropriate.

The Depositary may retain for its own account any compensation received by it in conjunction with
the foregoing. Collateral provided pursuant to (b) above, but not the earnings thereon, shall be
held as security for the performance of the Applicant’s obligations in respect of the relevant
Pre-Release Transaction and shall not constitute Deposited Securities.

SECTION 2.11 Restricted ADSs. The Depositary shall, at the request and expense of the
Company, establish procedures enabling the deposit hereunder of Shares that are Restricted
Securities in order to enable the holder of such Shares to hold its ownership interests in such
restricted Shares in the form of ADSs issued under the terms hereof (such Shares, “Restricted
Shares”). Upon receipt of a written request from the Company to accept Restricted Shares for
deposit hereunder, the Depositary agrees to establish procedures permitting the deposit of such
Restricted Shares and the issuance of ADSs representing such deposited Restricted Shares (such
ADSs, the “Restricted ADSs,” and the ADRs evidencing such Restricted ADSs, the “Restricted ADRs”).
The Company shall assist the Depositary in the establishment of such procedures and agrees that it
shall take all steps necessary and reasonably satisfactory to the Depositary to insure that the
establishment of such procedures does not violate the provisions of the Securities Act or any other
applicable laws. The depositors of such Restricted Shares and the holders of the Restricted ADSs
may be required prior to the deposit of such Restricted Shares, the transfer of the Restricted ADRs
and the Restricted ADSs evidenced thereby or the withdrawal of the Restricted Shares represented by
Restricted ADSs to provide such written certifications or agreements as the Depositary or the
Company may require. The Company shall provide to the Depositary in writing the legend(s) to be
affixed to the Restricted ADRs, which legends shall (i) be in a form reasonably satisfactory to the
Depositary and (ii) contain the specific circumstances under which the Restricted ADRs and the
Restricted ADSs represented thereby may be transferred or the Restricted Shares withdrawn. The
Restricted ADSs issued upon the deposit of Restricted Shares shall be separately identified on the
books of the Depositary and the Restricted Shares so deposited shall be held separate and distinct
from the other Deposited Securities held hereunder. The Restricted Shares and the Restricted ADSs
shall not be eligible for Pre-

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Release Transactions. The Restricted ADSs shall not be eligible for inclusion in any book-entry
settlement system, including, without limitation, DTC, and shall not in any way be fungible with
the ADSs issued under the terms hereof that are not Restricted ADSs. The Restricted ADRs and the
Restricted ADSs evidenced thereby shall be transferable only by the Holder thereof upon delivery to
the Depositary of (i) all documentation otherwise contemplated by this Deposit Agreement and (ii)
an Opinion of Counsel reasonably satisfactory to the Depositary setting forth, inter alia, the
conditions upon which the Restricted ADR presented is, and the Restricted ADSs evidenced thereby
are, transferable by the Holder thereof under applicable securities laws and the transfer
restrictions contained in the legend set forth on the Restricted ADR presented for transfer. Except
as set forth in this Section 2.11 and except as required by applicable law, the Restricted ADRs and
the Restricted ADSs evidenced thereby shall be treated as ADRs and ADSs issued and outstanding
under the terms of the Deposit Agreement. In the event that, in determining the rights and
obligations of parties hereto with respect to any Restricted ADSs, any conflict arises between (a)
the terms of this Deposit Agreement (other than this Section 2.11) and (b) the terms of (i) this
Section 2.11 or (ii) the applicable Restricted ADR, the terms and conditions set forth in this
Section 2.11 and of the Restricted ADR shall be controlling and shall govern the rights
and
obligations of the parties to this Deposit Agreement pertaining to the deposited Restricted Shares,
the Restricted ADSs and Restricted ADRs.

If any of the Restricted ADRs, the Restricted ADSs and the Restricted Shares are no longer
Restricted Securities, the Depositary, upon receipt of (x) an Opinion of Counsel reasonably
satisfactory to the Depositary setting forth, inter alia, that such Restricted ADRs, Restricted
ADSs and Restricted Shares are not as of such time Restricted Securities, and (y) instructions from
the Company to remove the restrictions applicable to such Restricted ADRs, Restricted ADSs and the
Restricted Shares, shall (i) eliminate the distinctions and separations between such Restricted
Shares held on deposit under this Section 2.11 and the other Shares held on deposit under the terms
of the Deposit Agreement that are not Restricted Shares, (ii) treat such newly unrestricted ADRs
and ADSs on the same terms as, and fully fungible with, the other ADRs and ADSs issued and
outstanding under the terms of the Deposit Agreement that are not Restricted ADRs or Restricted
ADSs, (iii) take all actions necessary to remove any distinctions, limitations and restrictions
previously existing under this Section 2.11 between such Restricted ADRs and Restricted ADSs,
respectively, on the one hand, and the other ADRs and ADSs that are not Restricted ADRs or
Restricted ADSs, respectively, on the other hand, including, without limitation, by making the
newly unrestricted ADSs eligible for Pre-Release Transactions and for inclusion in the applicable
book-entry settlement systems.

SECTION 2.12 Maintenance of Records. The Depositary agrees to maintain records of all
Receipts surrendered and Deposited Securities withdrawn under Section 2.6, substitute Receipts
Delivered under Section 2.8 and cancelled or destroyed Receipts under Section 2.9, in keeping with
the procedures ordinarily followed by stock transfer agents located in the United States.

ARTICLE III.

CERTAIN OBLIGATIONS OF HOLDERS

AND BENEFICIAL OWNERS OF RECEIPTS

     SECTION 3.1 Proofs, Certificates and Other Information. Any depositor presenting
Shares for deposit and any Holder and any Beneficial Owner may be required, and every Holder and
Beneficial Owner agrees, from time to time to provide to the Depositary or the

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Custodian such proof of citizenship or residence, taxpayer status, payment of all applicable
taxes or other governmental charges, exchange control approval, legal or beneficial ownership of
ADSs and Deposited Securities, compliance with applicable laws and the terms of this Deposit
Agreement and the provisions of, or governing, the Deposited Securities or other information; to
execute such certifications and to make such representations and warranties, and to provide such
other information and documentation as the Depositary may deem necessary or proper or as the
Company may reasonably require by written request to the Depositary consistent with its obligations
hereunder. The Depositary and the Registrar, as applicable, may, and at the request of the Company
shall, withhold the execution or Delivery or registration of transfer of any Receipt or the
distribution or sale of any dividend or distribution of rights or of the proceeds thereof, or to
the extent not limited by the terms of Section 7.10 hereof, the Delivery of any Deposited
Securities, until such proof or other information is filed or such certifications are executed, or
such representations and warranties are made, or such other documentation or information provided,
in each case to the Depositary’s and the Company’s satisfaction. The Depositary shall from time to
time on written request advise the Company of the availability of any such proofs, certificates or
other information and shall, at the Company’s sole expense, provide or otherwise make available
copies thereof to the Company upon written request therefor by the Company, unless such disclosure
is prohibited by law. Each Holder and Beneficial Owner agrees to provide any information requested
by the Company or the Depositary pursuant to this Section 3.1. Nothing herein shall obligate the
Depositary to (i) obtain any information for the Company if not provided by the Holders or
Beneficial Owners or (ii) verify or vouch for the accuracy of the information so provided by the
Holders or Beneficial Owners.

     SECTION 3.2 Liability for Taxes and Other Charges. If any present or future tax or
other governmental charge shall become payable by the Depositary or the Custodian with respect to
any ADR or any Deposited Securities or American Depositary Shares, such tax or other governmental
charge shall be payable by the Holders and Beneficial Owners to the Depositary and such Holders and
Beneficial Owners shall be deemed liable therefor. The Company, the Custodian and/or the
Depositary may withhold or deduct from any distributions made in respect of Deposited Securities
and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited
Securities and apply such distributions and sale proceeds in payment of such taxes (including
applicable interest and penalties) and charges, with the Holder and the Beneficial Owner remaining
fully liable for any deficiency. In addition to any other remedies available to it, the Depositary
and the Custodian may refuse the deposit of Shares, and the Depositary may refuse to issue ADSs, to
Deliver ADRs, register the transfer, split-up or combination of ADRs and (subject to Section 7.10
hereof) the withdrawal of Deposited Securities, until payment in full of such tax, charge, penalty
or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the
Company, the Custodian, and each of their respective agents, officers, directors, employees and
Affiliates for, and to hold each of them harmless from, any claims with respect to taxes (including
applicable interest and penalties thereon) arising from any tax benefit obtained for such Holder
and/or Beneficial Owner. The obligations of Holders and Beneficial Owners of Receipts under this
Section 3.2 shall survive any transfer of Receipts, any surrender of Receipts and withdrawal of
Deposited Securities, or the termination of this Deposit Agreement.

     SECTION 3.3 Representations and Warranties on Deposit of Shares. Each person
presenting Shares for deposit under this Deposit Agreement shall be deemed thereby to represent and
warrant that (i) such Shares and the certificates therefor are duly authorized,

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validly issued, fully paid, non-assessable and were legally obtained by such person, (ii) all
preemptive (and similar) rights, if any, with respect to such Shares have been validly waived or
exercised, (iii) the person making such deposit is duly authorized so to do, (iv) the Shares
presented for deposit are free and clear of any lien, encumbrance, security interest, charge,
mortgage or adverse claim and are not, and the American Depositary Shares issuable upon such
deposit will not be, Restricted Securities (except as contemplated by Section 2.11), (v) the Shares
presented for deposit have not been stripped of any rights or entitlements and (vi) the Shares are
not subject to any lock-up agreement with the Company or other party, or the Shares are subject to
a lock-up agreement but such lock-up agreement has terminated or the lock-up restrictions imposed
thereunder have expired. Such representations and warranties shall survive the deposit and
withdrawal of Shares, the issuance and cancellation of American Depositary Shares in respect
thereof and the transfer of such American Depositary Shares. If any such representations or
warranties are false in any way, the Company and the Depositary shall be authorized, at the cost
and expense of the person depositing Shares, to take any and all actions necessary to correct the
consequences thereof.

     SECTION 3.4 Compliance with Information Requests. Notwithstanding any other
provision of this Deposit Agreement, the Articles of Association and applicable law, each Holder
and Beneficial Owner agrees to (a) provide such information as the Company or the Depositary may
request pursuant to law (including, without limitation, relevant Cayman Islands law, any
applicable law of the United States, the Memorandum and Articles of Association, any resolutions of
the Company’s Board of Directors adopted pursuant to the Memorandum and Articles of Association,
the requirements of any markets or exchanges upon which the Shares, ADSs or Receipts are listed or
traded, or to any requirements of any electronic book-entry system by which the ADSs or Receipts
may be transferred), and (b) be bound by and subject to applicable provisions of the laws of the
Cayman Islands, the Memorandum and Articles of Association and the requirements of any markets or
exchanges upon which the ADSs, Receipts or Shares are listed or traded, or pursuant to any
requirements of any electronic book-entry system by which the ADSs, Receipts or Shares may be
transferred, to the same extent as if such Holder and Beneficial Owner held Shares directly, in
each case irrespective of whether or not they are Holders or Beneficial Owners at the time such
request is made. The Depositary agrees to use its reasonable efforts to forward upon the request of
the Company, and at the Company’s expense, any such request from the Company to the Holders and to
forward to the Company any such responses to such requests received by the Depositary.

ARTICLE IV.

THE DEPOSITED SECURITIES

     SECTION 4.1 Cash Distributions. Whenever the Depositary receives confirmation from
the Custodian of receipt of any cash dividend or other cash distribution on any Deposited
Securities, or receives proceeds from the sale of any Shares, rights, securities or other
entitlements under the terms hereof, the Depositary will, if at the time of receipt thereof any
amounts received in a foreign currency can in the judgment of the Depositary (pursuant to Section 4.6 hereof) be converted on a practicable
basis into Dollars transferable to the United States, promptly convert or cause to be converted
such cash dividend, distribution or proceeds into Dollars (on the terms described in Section 4.6
hereof) and will distribute promptly the amount thus received (net of (a) the applicable fees and
charges of, and expenses incurred by, the Depositary and (b) taxes and/or governmental charges) to
the

15

 

Holders of record as of the ADS Record Date in proportion to the number of American Depositary
Shares held by such Holders respectively as of the ADS Record Date. The Depositary shall
distribute only such amount, however, as can be distributed without attributing to any Holder a
fraction of one cent. Any such fractional amounts shall be rounded to the nearest whole cent and
so distributed to Holders entitled thereto. Holders and Beneficial Owners understand that in
converting Foreign Currency, amounts received on conversion are calculated at a rate which exceeds
three or four decimal places (the number of decimal places used by the Depositary to report
distribution rates). The excess amount may be retained by the Depositary as an additional cost of
conversion, irrespective of any other fees and expenses payable or owing hereunder and shall not be
subject to escheatment. If the Company, the Custodian or the Depositary is required to withhold
and does withhold from any cash dividend or other cash distribution in respect of any Deposited
Securities an amount on account of taxes, duties or other governmental charges, the amount
distributed to Holders on the ADSs representing such Deposited Securities shall be reduced
accordingly. Such withheld amounts shall be forwarded by the Company, the Custodian or the
Depositary to the relevant governmental authority. Evidence of payment thereof by the Company
shall be forwarded by the Company to the Depositary upon request. The Depositary shall forward to
the Company or its agent such information from its records as the Company may reasonably request to
enable the Company or its agent to file necessary reports with governmental agencies, such reports
necessary to obtain benefits under the applicable tax treaties for the Holders and Beneficial
Owners of Receipts.

     SECTION 4.2 Distribution in Shares. If any distribution upon any Deposited
Securities consists of a dividend in, or free distribution of, Shares, the Company shall cause such
Shares to be deposited with the Custodian and registered, as the case may be, in the name of the
Depositary, the Custodian or any of their nominees. Upon receipt of confirmation of such deposit
from the Custodian, the Depositary shall establish the ADS Record Date upon the terms described in
Section 4.7 hereof and shall, subject to Section 5.9 hereof, either (i) distribute to the Holders
as of the ADS Record Date in proportion to the number of ADSs held as of the ADS Record Date,
additional ADSs, which represent in the aggregate the number of Shares received as such dividend,
or free distribution, subject to the other terms of this Deposit Agreement (including, without
limitation, (a) the applicable fees and charges of, and expenses incurred by, the Depositary and
(b) taxes and/or governmental charges), or (ii) if additional ADSs are not so distributed, each ADS
issued and outstanding after the ADS Record Date shall, to the extent permissible by law,
thenceforth also represent rights and interests in the additional Shares distributed upon the
Deposited Securities represented thereby (net of (a) the applicable fees and charges of, and
expenses incurred by, the Depositary and (b) taxes and/or governmental charges). In lieu of
Delivering fractional ADSs, the Depositary shall sell the number of Shares represented by the
aggregate of such fractions and distribute the proceeds upon the terms described in Section 4.1 hereof. The Depositary may withhold any such distribution of Receipts
if it has not received satisfactory assurances from the Company (including an Opinion of Counsel
furnished at the expense of the Company) that such distribution does not require registration under
the Securities Act or is exempt from registration under the provisions of the Securities Act. To
the extent such distribution may be withheld, the Depositary may dispose of all or a portion of
such distribution in such amounts and in such manner, including by public or private sale, as the
Depositary deems necessary and practicable, and the Depositary shall distribute the net proceeds of
any such sale (after deduction of applicable taxes and/or governmental charges and fees and charges
of, and expenses incurred by, the Depositary) to Holders entitled thereto upon the terms described
in Section 4.1 hereof.

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     SECTION 4.3 Elective Distributions in Cash or Shares. Whenever the Company intends
to distribute a dividend payable at the election of the holders of Shares in cash or in additional
Shares, the Company shall give notice thereof to the Depositary at least 30 days prior to the
proposed distribution stating whether or not it wishes such elective distribution to be made
available to Holders of ADSs. Upon receipt of notice indicating that the Company wishes such
elective distribution to be made available to Holders of ADSs, the Depositary shall consult with
the Company to determine, and the Company shall assist the Depositary in its determination, whether
it is lawful and reasonably practicable to make such elective distribution available to the Holders
of ADSs. The Depositary shall make such elective distribution available to Holders only if (i) the
Company shall have timely requested that the elective distribution is available to Holders of ADRs,
(ii) the Depositary shall have determined that such distribution is reasonably practicable and
(iii) the Depositary shall have received satisfactory documentation within the terms of Section 5.7
hereof. If the above conditions are not satisfied, the Depositary shall, to the extent permitted
by law, distribute to the Holders, on the basis of the same determination as is made in the local
market in respect of the Shares for which no election is made, either cash upon the terms described
in Section 4.1 hereof or additional ADSs representing such additional Shares upon the terms
described in Section 4.2 hereof. If the above conditions are satisfied, the Depositary shall
establish an ADS Record Date (on the terms described in Section 4.7 hereof) and establish
procedures to enable Holders to elect the receipt of the proposed dividend in cash or in additional
ADSs. The Company shall assist the Depositary in establishing such procedures to the extent
necessary. Subject to Section 5.9 hereof, if a Holder elects to receive the proposed dividend in
cash, the dividend shall be distributed upon the terms described in Section 4.1 hereof or in ADSs,
the dividend shall be distributed upon the terms described in Section 4.2 hereof. Nothing herein
shall obligate the Depositary to make available to Holders a method to receive the elective
dividend in Shares (rather than ADSs). There can be no assurance that Holders generally, or any
Holder in particular, will be given the opportunity to receive elective distributions on the same
terms and conditions as the holders of Shares.

     SECTION 4.4 Distribution of Rights to Purchase Shares.

(a) Distribution to ADS Holders. Whenever the Company intends to distribute to the holders
of the Deposited Securities rights to subscribe for additional Shares, the Company shall give notice thereof to the Depositary at least 60 days prior to the proposed
distribution stating whether or not it wishes such rights to be made available to Holders of ADSs.
Upon receipt of a notice indicating that the Company wishes such rights to be made available to
Holders of ADSs, the Depositary shall consult with the Company to determine, and the Company shall
determine, whether it is lawful and reasonably practicable to make such rights available to the
Holders. The Depositary shall make such rights available to Holders only if (i) the Company shall
have timely requested that such rights be made available to Holders, (ii) the Depositary shall have
received satisfactory documentation within the terms of Section 5.7 hereof and (iii) the Depositary
shall have determined that such distribution of rights is lawful and reasonably practicable. In
the event any of the conditions set forth above are not satisfied, the Depositary shall proceed
with the sale of the rights as contemplated in Section 4.4(b) below or, if timing or market
conditions may not permit, do nothing thereby allowing such rights to lapse. In the event all
conditions set forth above are satisfied, the Depositary shall establish an ADS Record Date (upon
the terms described in Section 4.7 hereof) and establish procedures to distribute such rights (by
means of warrants or otherwise) and to enable the Holders to exercise the rights (upon payment of
applicable fees and charges of, and expenses incurred by, the Depositary and taxes and/or other
governmental charges).

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Nothing herein shall obligate the Depositary to make available to the
Holders a method to exercise such rights to subscribe for Shares (rather than ADSs).

(b) Sale of Rights. If (i) the Company does not timely request the Depositary to make the
rights available to Holders or requests that the rights not be made available to Holders, (ii) the
Depositary fails to receive satisfactory documentation within the terms of Section 5.7 hereof or
determines it is not lawful or reasonably practicable to make the rights available to Holders or
(iii) any rights made available are not exercised and appear to be about to lapse, the Depositary
shall determine whether it is lawful and reasonably practicable to sell such rights, in a riskless
principal capacity or otherwise, at such place and upon such terms (including public or private
sale) as it may deem proper. The Company shall assist the Depositary to the extent necessary to
determine such legality and practicability. The Depositary shall, upon such sale, convert and
distribute proceeds of such sale (net of applicable fees and charges of, and expenses incurred by,
the Depositary and taxes and/or governmental charges) upon the terms set forth in Section 4.1
hereof.

(c) Lapse of Rights. If the Depositary is unable to make any rights available to Holders
upon the terms described in Section 4.4(a) hereof or to arrange for the sale of the rights upon the
terms described in Section 4.4(b) hereof, the Depositary shall allow such rights to lapse.

The Depositary shall not be responsible for (i) any failure to determine that it may be lawful or
practicable to make such rights available to Holders in general or any Holders in particular, (ii)
any foreign exchange exposure or loss incurred in connection with such sale or exercise or (iii)
the content of any materials forwarded to the Holders on behalf of the Company in connection with
the rights distribution.

Notwithstanding anything to the contrary in this Section 4.4, if registration (under the Securities
Act or any other applicable law) of the rights or the securities to which any rights relate may be
required in order for the Company to offer such rights or such securities to Holders and to sell
the securities represented by such rights, the Depositary will not distribute such rights to the
Holders (i) unless and until a registration statement under the Securities Act covering such
offering is in effect or (ii) unless the Company furnishes at its expense the Depositary with
opinion(s) of counsel for the Company in the United States and counsel to the Company in any other
applicable country in which rights would be distributed, in each case satisfactory to the
Depositary, to the effect that the offering and sale of such securities to Holders and Beneficial
Owners are exempt from, or do not require registration under, the provisions of the Securities Act
or any other applicable laws. In the event that the Company, the Depositary or the Custodian shall
be required to withhold and does withhold from any distribution of property (including rights) an
amount on account of taxes and/or other governmental charges, the amount distributed to the Holders
shall be reduced accordingly. In the event that the Depositary determines that any distribution in
property (including Shares and rights to subscribe therefor) is subject to any tax or other
governmental charges which the Depositary is obligated to withhold, the Depositary may dispose of
all or a portion of such property (including Shares and rights to subscribe therefor) in such
amounts and in such manner, including by public or private sale, as the Depositary deems necessary
and practicable to pay any such taxes and/or charges.

There can be no assurance that Holders generally, or any Holder in particular, will be given the
opportunity to exercise rights on the same terms and conditions as the holders of Shares or be able
to exercise such rights. Nothing herein shall obligate the Company to file any registration
statement in respect of any rights or Shares or other securities to be acquired

18

 

upon the exercise
of such rights or otherwise to register or qualify the offer or sale of such rights or securities
under the applicable law of any other jurisdiction for any purpose.

     SECTION 4.5 Distributions Other Than Cash, Shares or Rights to Purchase Shares.

(a) Whenever the Company intends to distribute to the holders of Deposited Securities property
other than cash, Shares or rights to purchase additional Shares, the Company shall give notice
thereof to the Depositary at least 30 days prior to the proposed distribution and shall indicate
whether or not it wishes such distribution to be made to Holders of ADSs. Upon receipt of a notice
indicating that the Company wishes such distribution be made to Holders of ADSs, the Depositary
shall determine whether such distribution to Holders is lawful and practicable. The Depositary
shall not make such distribution unless (i) the Company shall have timely requested the Depositary
to make such distribution to Holders, (ii) the Depositary shall have received satisfactory
documentation within the terms of Section 5.7 hereof and (iii) the Depositary shall have determined
that such distribution is reasonably practicable.

(b) Upon receipt of satisfactory documentation and the request of the Company to distribute
property to Holders of ADSs and after making the requisite determinations set forth in (a) above, the Depositary may distribute the property so received to the Holders of record
as of the ADS Record Date, in proportion to the number of ADSs held by such Holders respectively
and in such manner as the Depositary may deem practicable for accomplishing such distribution (i)
upon receipt of payment or net of the applicable fees and charges of, and expenses incurred by, the
Depositary and (ii) net of any taxes and/or other governmental charges. The Depositary may dispose
of all or a portion of the property so distributed and deposited, in such amounts and in such
manner (including public or private sale) as the Depositary may deem practicable or necessary to
satisfy any taxes (including applicable interest and penalties) and other governmental charges
applicable to the distribution.

(c) If (i) the Company does not request the Depositary to make such distribution to Holders or
requests not to make such distribution to Holders, (ii) the Depositary does not receive
satisfactory documentation within the terms of Section 5.7 hereof or (iii) the Depositary
determines that all or a portion of such distribution is not reasonably practicable or feasible,
the Depositary shall endeavor to sell or cause such property to be sold in a public or private
sale, at such place or places and upon such terms as it may deem proper and shall distribute the
net proceeds, if any, of such sale received by the Depositary (net of applicable fees and charges
of, and expenses incurred by, the Depositary and taxes and/or governmental charges) to the Holders
as of the ADS Record Date upon the terms of Section 4.1 hereof. If the Depositary is unable to
sell such property, the Depositary may dispose of such property in any way it deems reasonably
practicable under the circumstances for nominal or no consideration and Holders and Beneficial
Owners shall have no rights thereto or arising therefrom.

     SECTION 4.6 Conversion of Foreign Currency. Whenever the Depositary or the Custodian
shall receive Foreign Currency, by way of dividends or other distributions or the net proceeds from
the sale of securities, property or rights, and in the judgment of the Depositary such Foreign
Currency can at such time be converted on a practicable basis (by sale or in any other manner that
it may determine in accordance with applicable law) into Dollars transferable to the United States
and distributable to the Holders entitled thereto, the Depositary shall convert or cause to be
converted, by sale or in any other manner that it may determine, such Foreign Currency into
Dollars, and shall distribute such Dollars (net of any

19

 

fees, expenses, taxes and/or other
governmental charges incurred in the process of such conversion) in accordance with the terms of
the applicable sections of this Deposit Agreement. If the Depositary shall have distributed
warrants or other instruments that entitle the holders thereof to such Dollars, the Depositary
shall distribute such Dollars to the holders of such warrants and/or instruments upon surrender
thereof for cancellation, in either case without liability for interest thereon. Such distribution
may be made upon an averaged or other practicable basis without regard to any distinctions among
Holders on account of exchange restrictions, the date of delivery of any Receipt or otherwise.

In converting Foreign Currency, amounts received on conversion may be calculated at a rate which
exceeds the number of decimal places used by the Depositary to report distribution rates (which in
any case will not be less than two decimal places). Any excess amount may be retained by the
Depositary as an additional cost of conversion, irrespective of any other fees and expenses payable or owing hereunder and shall not be subject to
escheatment.

If such conversion or distribution can be effected only with the approval or license of any
government or agency thereof, the Depositary may file such application for approval or license, if
any, as it may deem necessary, practicable and at nominal cost and expense. Nothing herein shall
obligate the Depositary to file or cause to be filed, or to seek effectiveness of any such
application or license.

If at any time the Depositary shall determine that in its judgment the conversion of any Foreign
Currency and the transfer and distribution of proceeds of such conversion received by the
Depositary is not practical or lawful, or if any approval or license of any governmental authority
or agency thereof that is required for such conversion, transfer and distribution is denied, or not
obtainable at a reasonable cost, within a reasonable period or otherwise sought, the Depositary
shall, in its sole discretion but subject to applicable laws and regulations, either (i) distribute
the Foreign Currency (or an appropriate document evidencing the right to receive such Foreign
Currency) received by the Depositary to the Holders entitled to receive such Foreign Currency or
(ii) hold such Foreign Currency uninvested and without liability for interest thereon for the
respective accounts of the Holders entitled to receive the same.

     SECTION 4.7 Fixing of Record Date. Whenever necessary in connection with any
distribution (whether in cash, Shares, rights, or other distribution), or whenever for any reason
the Depositary causes a change in the number of Shares that are represented by each American
Depositary Share, or whenever the Depositary shall receive notice of any meeting of or solicitation
of holders of Shares or other Deposited Securities, or whenever the Depositary shall find it
necessary or convenient, the Depositary shall fix a record date (the “ADS Record Date”), as close
as practicable to the record date fixed by the Company with respect to the Shares, for the
determination of the Holders who shall be entitled to receive such distribution, to give
instructions to the Depositary for the exercise of voting rights at any such meeting, to give or
withhold such consent, to receive such notice or solicitation or to otherwise take action or to
exercise the rights of Holders with respect to such changed number of Shares represented by each
American Depositary Share. Subject to applicable law and the provisions of Sections 4.1 through
4.6 hereof and to the other terms and conditions of this Deposit Agreement, only the Holders of
record at the close of business in New York on such ADS Record Date shall be entitled to receive
such distribution, to give such voting instructions, to receive such notice or solicitation, or
otherwise take action.

     SECTION 4.8 Voting of Deposited Securities. Subject to the next sentence, as soon as
practicable after receipt of notice of any meeting at which the holders of Shares or other

20

 

Deposited Securities are entitled to vote, or of solicitation of consents or proxies from holders
of Shares or other Deposited Securities, the Depositary shall fix the ADS Record Date in respect of
such meeting or solicitation of consent or proxy. The Depositary shall, if requested by the Company
in writing in a timely manner (the Depositary having no obligation to take any further action if
the request shall not have been received by the Depositary at least 30 Business Days prior to the
date of such vote or meeting) and at the Company’s expense, and provided no U.S. legal prohibitions exist, mail
by regular, ordinary mail delivery, or by electronic transmission, or otherwise distribute as soon
as practicable after receipt thereof to Holders as of the ADS Record Date: (a) such notice of
meeting or solicitation of consent or proxy; (b) a statement that the Holders at the close of
business on the ADS Record Date will be entitled, subject to any applicable law, the Memorandum and
Articles of Association and the provisions of or governing the Deposited Securities (which
provisions, if any, shall be summarized in pertinent part by the Company), to instruct the
Depositary as to the exercise of the voting rights, if any, pertaining to the Shares or other
Deposited Securities represented by such Holder’s American Depositary Shares; and (c) a brief
statement as to the manner in which such instructions may be given to the Depositary or in which
voting instructions may be deemed to have been given in accordance with this Section 4.8, including
an express indication that instructions may be given (or be deemed to have been given in accordance
with the immediately following paragraph of this section if no instruction is received) to the
Depositary to give a discretionary proxy to a person or persons designated by the Company. Voting
instructions may be given only in respect of a number of American Depositary Shares representing an
integral number of Shares or other Deposited Securities. Upon the timely receipt from a Holder of
American Depositary Shares on the ADS Record Date of written voting instructions in the manner
specified by the Depositary, the Depositary shall endeavor, insofar as practicable and permitted
under applicable law, the provisions of this Deposit Agreement, the Memorandum and Articles of
Association and the provisions of or governing the Deposited Securities, to vote or cause the
Custodian to vote the Shares and/or other Deposited Securities (in person or by proxy) represented
by American Depositary Shares evidenced by such Receipt in accordance with such voting
instructions.

In the event that (i) the Depositary timely receives voting instructions from a Holder which fail
to specify the manner in which the Depositary is to vote the Deposited Securities represented by
such Holder’s ADSs or (ii) no timely instructions are received by the Depositary from a Holder with
respect to any of the Deposited Securities represented by the ADSs held by such Holder on the ADS
Record Date, the Depositary shall (unless otherwise specified in the notice distributed to Holders)
deem such Holder to have instructed the Depositary to give a discretionary proxy to a person
designated by the Company with respect to such Deposited Securities and the Depositary shall give a
discretionary proxy to a person designated by the Company to vote such Deposited Securities,
provided, however, that no such instruction shall be deemed to have been given and no such
discretionary proxy shall be given with respect to any matter as to which the Company informs the
Depositary (and the Company agrees to provide such information as promptly as practicable in
writing, if applicable) that (x) the Company does not wish to give such proxy, (y) the Company is
aware or should reasonably be aware that substantial opposition exists from Holders against the
outcome for which the person designated by the Company would otherwise vote or (z) the outcome for
which the person designated by the Company would otherwise vote would materially and adversely
affect the rights of holders of Shares, provided, further, that the Company will have no liability
to any Holder or Beneficial Owner resulting from such notification.

21

 

In the event that voting on any resolution or matter is conducted on a show of hands basis in
accordance with the Memorandum and Articles of Association, the Depositary will refrain from voting
and the voting instructions (or the deemed voting instructions, as set out above) received by the
Depositary from Holders shall lapse. The Depositary will have no obligation to demand voting on a
poll basis with respect to any resolution and shall have no liability to any Holder or Beneficial
Owner for not having demanded voting on a poll basis.

Neither the Depositary nor the Custodian shall, under any circumstances exercise any discretion as
to voting, and neither the Depositary nor the Custodian shall vote, attempt to exercise the right
to vote, or in any way make use of for purposes of establishing a quorum or otherwise, the Shares
or other Deposited Securities represented by ADSs except pursuant to and in accordance with such
written instructions from Holders, including the deemed instruction to the Depositary to give a
discretionary proxy to a person designated by the Company. Shares or other Deposited Securities
represented by ADSs for which (i) no timely voting instructions are received by the Depositary from
the Holder, or (ii) timely voting instructions are received by the Depositary from the Holder but
such voting instructions fail to specify the manner in which the Depositary is to vote the
Deposited Securities represented by such Holder’s ADSs, shall be voted in the manner provided in
this Section 4.8. Notwithstanding anything else contained herein, and subject to applicable law,
regulation and the Memorandum and Articles of Association, the Depositary shall, if so requested in
writing by the Company, represent all Deposited Securities (whether or not voting instructions have
been received in respect of such Deposited Securities from Holders as of the ADS Record Date) for
the purpose of establishing quorum at a meeting of shareholders.

There can be no assurance that Holders or Beneficial Owners generally or any Holder or Beneficial
Owner in particular will receive the notice described above with sufficient time to enable the
Holder to return voting instructions to the Depositary in a timely manner.

Notwithstanding the above, save for applicable provisions of the law of the Cayman Islands, and in
accordance with the terms of Section 5.3 hereof, the Depositary shall not be liable for any failure
to carry out any instructions to vote any of the Deposited Securities or the manner in which such
vote is cast or the effect of such vote.

     SECTION 4.9 Changes Affecting Deposited Securities. Upon any change in par value,
split-up, subdivision, cancellation, consolidation or any other reclassification of Deposited
Securities or upon any recapitalization, reorganization, amalgamation, merger or consolidation or
sale of assets affecting the Company or to which it is otherwise a party, any securities which
shall be received by the Depositary or the Custodian in exchange for, or in conversion of or
replacement or otherwise in respect of, such Deposited Securities shall, to the extent permitted by
law, be treated as new Deposited Securities under this Deposit Agreement and the Receipts shall,
subject to the provisions of this Deposit Agreement and applicable law, evidence American
Depositary Shares representing the right to receive such additional securities. Alternatively, the
Depositary may, with the Company’s approval, and shall, if the Company shall so request, subject to the terms of this Deposit Agreement and receipt of an Opinion of Counsel furnished at the
Company’s expense satisfactory to the Depositary (stating that such distributions are not in
violation of any applicable laws or regulations), execute and deliver additional Receipts, as in
the case of a stock dividend on the Shares, or call for the surrender of outstanding Receipts to be
exchanged for new Receipts. In either case, as well as in the event of newly deposited Shares,
necessary modifications to the form of Receipt contained in Exhibit A and Exhibit B
hereto, specifically describing such new Deposited Securities and/or corporate change, shall also
be made. The Company agrees

22

 

that it will, jointly with the Depositary, amend the Registration
Statement on Form F-6 as filed with the Commission to permit the issuance of such new form of
Receipt. Notwithstanding the foregoing, in the event that any security so received may not be
lawfully distributed to some or all Holders, the Depositary may, with the Company’s approval, and
shall, if the Company requests, subject to receipt of an opinion of the Company’s counsel furnished
at the Company’s expense satisfactory to the Depositary that such action is not in violation of any
applicable laws or regulations, sell such securities at public or private sale, at such place or
places and upon such terms as it may deem proper and may allocate the net proceeds of such sales
(net of fees and charges of, and expenses incurred by, the Depositary and taxes and/or governmental
charges) for the account of the Holders otherwise entitled to such securities upon an averaged or
other practicable basis without regard to any distinctions among such Holders and distribute the
net proceeds so allocated to the extent practicable as in the case of a distribution received in
cash pursuant to Section 4.1 hereof. The Depositary shall not be responsible for (i) any failure to
determine that it may be lawful or feasible to make such securities available to Holders in general
or to any Holder in particular, (ii) any foreign exchange exposure or loss incurred in connection
with such sale or (iii) any liability to the purchaser of such securities.

     SECTION 4.10 Available Information. The Company is subject to the periodic reporting
requirements of the Exchange Act applicable to foreign private issuers (as defined in Rule 405 of
the Securities Act) and accordingly files certain information with the Commission. These reports
and documents can be inspected and copied at the public reference facilities maintained by the
Commission located at 100 F Street, N.E., Washington D.C. 20549, U.S.A.

     SECTION 4.11 Reports. The Depositary shall make available during normal business
hour on any Business Day for inspection by Holders at its Corporate Trust Office any reports and
communications, including any proxy soliciting materials, received from the Company which are both
received by the Depositary, the Custodian, or the nominee of either of them as the holder of the
Deposited Securities and made generally available to the holders of such Deposited Securities by
the Company. The Company agrees to provide to the Depositary, at the Company’s expense, all
documents that it provides to the Custodian. The Depositary shall, at the expense of the Company
(unless otherwise agreed in writing by the Company and the Depositary), and in accordance with
Section 5.6 hereof, also mail by regular, ordinary mail delivery or by electronic transmission (if
agreed by the Company and the Depositary) and unless otherwise agreed in writing by the Company and
the Depositary, to Holders copies of such reports when furnished by the Company pursuant to Section
5.6 hereof.

     SECTION 4.12 List of Holders. Promptly upon written request by the Company, the
Depositary shall furnish to it a list, as of a recent date, of the names, addresses and holdings of
American Depositary Shares by all persons in whose names Receipts are registered on the books of
the Depositary.

     SECTION 4.13 Taxation; Withholding. The Depositary will, and will instruct the
Custodian to, forward to the Company or its agents such information from its records as the Company
may reasonably request to enable the Company or its agents to file necessary tax reports with
governmental authorities or agencies. The Depositary, the Custodian or the Company and its agents
may, but shall not be obligated to, file such reports as are necessary to reduce or eliminate
applicable taxes on dividends and on other distributions in respect of Deposited Securities under
applicable tax treaties or laws for the Holders and Beneficial

23

 

Owners. Holders and Beneficial
Owners of American Depositary Shares may be required from time to time, and in a timely manner, to
file such proof of taxpayer status, residence and beneficial ownership (as applicable), to execute
such certificates and to make such representations and warranties, or to provide any other
information or documents, as the Depositary or the Custodian may deem necessary or proper to
fulfill the Depositary’s or the Custodian’s obligations under applicable law. The Holders and
Beneficial Owners shall indemnify the Depositary, the Company, the Custodian and any of their
respective directors, employees, agents and Affiliates against, and hold each of them harmless
from, any claims by any governmental authority with respect to taxes, additions to tax, penalties
or interest arising out of any refund of taxes, reduced rate of withholding at source or other tax
benefit obtained by the Beneficial Owner or Holder.

The Company shall remit to the appropriate governmental authority or agency any amounts required to
be withheld by the Company and owing to such governmental authority or agency. Upon any such
withholding, the Company shall remit to the Depositary information, in a form reasonably
satisfactory to the Depositary, about such taxes and/or governmental charges withheld or paid, and,
if so requested, the tax receipt (or other proof of payment to the applicable governmental
authority) therefor. The Depositary shall, to the extent required by U.S. law, report to Holders
(i) any taxes withheld by it; (ii) any taxes withheld by the Custodian, subject to information
being provided to the Depositary by the Custodian and (iii) any taxes withheld by the Company,
subject to information being provided to the Depositary by the Company. The Depositary and the
Custodian shall not be required to provide the Holders with any evidence of the remittance by the
Company (or its agents) of any taxes withheld, or of the payment of taxes by the Company, except to
the extent the evidence is provided by the Company to the Depositary. Neither the Depositary, the
Custodian, nor the Company shall be liable for the failure by any Holder or Beneficial Owner to
obtain the benefits of credits on the basis of non-U.S. tax paid against such Holder’s or
Beneficial Owner’s income tax liability.

In the event that the Depositary determines that any distribution in property (including Shares and
rights to subscribe therefor) is subject to any tax or other governmental charge which the
Depositary is obligated to withhold, the Depositary shall withhold the amount required to be
withheld and may by public or private sale dispose of all or a portion of such property (including Shares and rights to subscribe therefor) in such amounts and in such
manner as the Depositary deems necessary and practicable to pay such taxes and/or charges and the
Depositary shall distribute the net proceeds of any such sale after deduction of such taxes and/or
charges to the Holders entitled thereto in proportion to the number of American Depositary Shares
held by them respectively.

The Depositary is under no obligation to provide the Holders and Beneficial Owners with any
information about the tax status of the Company. The Depositary shall not incur any liability for
any tax consequences that may be incurred by Holders and Beneficial Owners on account of their
ownership of the American Depositary Shares.

     SECTION 4.14 Redemption and Repurchase. If the Company intends to exercise any right
of redemption or repurchase in respect of any of the Deposited Securities, the Company shall give
timely notice thereof to the Depositary which shall set forth the particulars of the proposed
redemption or repurchase. Upon timely receipt of (i) such notice and (ii) satisfactory
documentation given by the Company to the Depositary within the terms of Section 5.7, (iii) the
provision by the Company to the Depositary of a legal opinion (at the expense of the Company)
reasonably satisfactory to the Depositary that such redemption or

24

 

repurchase is allowed under
applicable law and only if the Depositary shall have determined that such proposed redemption or
repurchase is practicable, the Depositary shall provide to each Holder a notice setting forth the
intended exercise by the Company of the redemption or repurchase rights and any other particulars
set forth in the Company’s notice to the Depositary. The Depositary shall instruct the Custodian to
present to the Company the Deposited Securities in respect of which redemption or repurchase rights
are being exercised against payment of the applicable redemption or repurchase price. Upon receipt
of confirmation from the Custodian that the redemption or repurchase has taken place and that funds
representing the redemption or repurchase price have been received, the Depositary shall convert,
transfer, and distribute the proceeds (net of applicable (a) fees and charges of, and expenses
incurred by, the Depositary, and (b) taxes), retire ADSs and cancel Receipts, if applicable, upon
delivery of such ADSs by Holders thereof and the terms set forth in Sections 4.1 and 6.2 hereof. If
less than all outstanding Deposited Securities are redeemed or repurchased, the ADSs to be retired
will be selected by lot or on a pro rata basis, as may be determined by the Depositary. The
redemption or repurchase price per ADS shall be the dollar equivalent of the per share amount
received by the Depositary (adjusted to reflect the ADS(s)-to-Share(s) ratio) upon the redemption
or repurchase of the Deposited Securities represented by ADSs (subject to the terms of Section 4.6
hereof and the applicable fees and charges of, and expenses incurred by, the Depositary, and taxes)
multiplied by the number of Deposited Securities represented by each ADS redeemed or repurchased.

ARTICLE V.

THE DEPOSITARY, THE CUSTODIAN AND THE COMPANY

     SECTION 5.1 Maintenance of Office and Transfer Books by the Registrar. Until
termination of this Deposit Agreement in accordance with its terms, the Depositary or if a
Registrar for the Receipts shall have been appointed, the Registrar shall maintain in the Borough
of Manhattan, the City of New York, an office and facilities for the execution and delivery,
registration, registration of transfers, combination and split-up of Receipts, the surrender of
Receipts and the delivery and withdrawal of Deposited Securities in accordance with the provisions
of this Deposit Agreement.

The Depositary or the Registrar as applicable, shall keep books for the registration of Receipts
and transfers of Receipts which at all reasonable times shall be open for inspection by the Company
and by the Holders of such Receipts, provided that such inspection shall not be, to the
Depositary’s or the Registrar’s knowledge, for the purpose of communicating with Holders of such
Receipts in the interest of a business or object other than the business of the Company or other
than a matter related to this Deposit Agreement or the Receipts.

The Depositary or the Registrar, as applicable, may close the transfer books with respect to the
Receipts, at any time or from time to time, when deemed necessary or advisable by it in connection
with the performance of its duties hereunder, or at the reasonable written request of the Company.

If any Receipts or the American Depositary Shares evidenced thereby are listed on one or more stock
exchanges or automated quotation systems in the United States, the Depositary shall act as
Registrar or appoint a Registrar or one or more co-registrars for registration of Receipts and
transfers, combinations and split-ups, and to countersign such Receipts in

25

 

accordance with any
requirements of such exchanges or systems. Such Registrar or co-registrars may be removed and a
substitute or substitutes appointed by the Depositary.

If any Receipts or the American Depositary Shares evidenced thereby are listed on one or more
securities exchanges, markets or automated quotation systems, (i) the Depositary shall be entitled
to, and shall, take or refrain from taking such action(s) as it may deem necessary or appropriate
to comply with the requirements of such securities exchange(s), market(s) or automated quotation
system(s) applicable to it, notwithstanding any other provision of this Deposit Agreement; and (ii)
upon the reasonable request of the Depositary, the Company shall provide the Depositary such
information and assistance as may be reasonably necessary for the Depositary to comply with such
requirements, to the extent that the Company may lawfully do so.

Each Registrar and co-registrar appointed under this Section 5.1 shall give notice in writing to
the Depositary accepting such appointment and agreeing to be bound by the applicable terms of the
Deposit Agreement.

     SECTION 5.2 Exoneration. Neither the Depositary, the Custodian or the Company shall
be obligated to do or perform any act which is inconsistent with the provisions of this Deposit
Agreement or shall incur any liability (i) if the Depositary, the Custodian or the Company or their
respective controlling persons or agents shall be prevented or forbidden from, or delayed in, doing
or performing any act or thing required by the terms of this Deposit Agreement, by reason of any
provision of any present or future law or regulation of the United States or any state thereof, the
Cayman Islands or any other country, or of any other governmental authority or regulatory authority
or stock exchange, or on account of the possible criminal or civil penalties or restraint, or by
reason of any provision, present or future, of the Memorandum and Articles of Association or any
provision of or governing any Deposited Securities, or by reason of any act of God or war or other
circumstances beyond its control (including, without limitation, nationalization, expropriation,
currency restrictions, work stoppage, strikes, civil unrest, revolutions, rebellions, explosions
and computer failure), (ii) by reason of any exercise of, or failure to exercise, any discretion
provided for in this Deposit Agreement or in the Memorandum and Articles of Association or
provisions of or governing Deposited Securities, (iii) for any action or inaction of the
Depositary, the Custodian or the Company or their respective controlling persons or agents in
reliance upon the advice of or information from legal counsel, accountants, any person presenting
Shares for deposit, any Holder, any Beneficial Owner or authorized representative thereof, or any
other person believed by it in good faith to be competent to give such advice or information, (iv)
for the inability by a Holder or Beneficial Owner to benefit from any distribution, offering, right
or other benefit which is made available to holders of Deposited Securities but is not, under the
terms of this Deposit Agreement, made available to Holders of American Depositary Shares or (v) for
any special, consequential, indirect or punitive damages for any breach of the terms of this
Deposit Agreement or otherwise.

The Depositary, its controlling persons, its agents, the Custodian and the Company, its controlling
persons and its agents may rely and shall be protected in acting upon any written notice, request,
opinion or other document believed by it to be genuine and to have been signed or presented by the
proper party or parties.

No disclaimer of liability under the Securities Act is intended by any provision of this Deposit
Agreement.

26

 

     SECTION 5.3 Standard of Care. The Company and the Depositary and their respective
directors, officers, affiliates, employees and agents assume no obligation and shall not be subject
to any liability under this Deposit Agreement or any Receipts to any Holder(s) or Beneficial
Owner(s) or other persons, except in accordance with Section 5.8 hereof, provided, that the Company
and the Depositary and their respective directors, officers, affiliates, employees and agents agree
to perform their respective obligations specifically set forth in this Deposit Agreement or the
applicable ADRs without gross negligence or willful misconduct.

Without limitation of the foregoing, neither the Depositary, nor the Company, nor any of their
respective controlling persons, directors, officers, affiliates, employees or agents,
shall be under any obligation to appear in, prosecute or defend any action, suit or other
proceeding in respect of any Deposited Securities or in respect of the Receipts, which in its
opinion may involve it in expense or liability, unless indemnity satisfactory to it against all
expenses (including fees and disbursements of counsel) and liabilities be furnished as often as may
be required (and no Custodian shall be under any obligation whatsoever with respect to such
proceedings, the responsibility of the Custodian being solely to the Depositary).

The Depositary and its directors, officers, affiliates, employees and agents shall not be liable
for any failure to carry out any instructions to vote any of the Deposited Securities, or for the
manner in which any vote is cast or the effects of any vote. The Depositary shall not incur any
liability for any failure to determine that any distribution or action may be lawful or reasonably
practicable, for the content of any information submitted to it by the Company for distribution to
the Holders or for any inaccuracy of any translation thereof, for any investment risk associated
with acquiring an interest in the Deposited Securities, for the validity or worth of the Deposited
Securities or for any tax consequences that may result from the ownership of ADSs, Shares or
Deposited Securities, for the credit-worthiness of any third party, for allowing any rights to
lapse upon the terms of this Deposit Agreement or for the failure or timeliness of any notice from
the Company, or for any action or non action by it in reliance upon the opinion, advice of or
information from legal counsel, accountants, any person representing Shares for deposit, any Holder
or any other person believed by it in good faith to be competent to give such advice or
information. The Depositary and its agents shall not be liable for any acts or omissions made by a
successor depositary whether in connection with a previous act or omission of the Depositary or in
connection with any matter arising wholly after the removal or resignation of the Depositary,
provided that in connection with the issue out of which such potential liability arises the
Depositary performed its obligations without gross negligence or willful misconduct while it acted
as Depositary.

     SECTION 5.4 Resignation and Removal of the Depositary; Appointment of Successor
Depositary. The Depositary may at any time resign as Depositary hereunder by written notice of
resignation delivered to the Company, such resignation to be effective on the earlier of (i) the
90th day after delivery thereof to the Company (whereupon the Depositary shall, in the event no
successor depositary has been appointed by the Company, be entitled to take the actions
contemplated in Section 6.2 hereof) and (ii) upon the appointment by the Company of a successor
depositary and its acceptance of such appointment as hereinafter provided, save that, any amounts,
fees, costs or expenses owed to the Depositary hereunder or in accordance with any other agreements
otherwise agreed in writing between the Company and the Depositary from time to time shall be paid
to the Depositary prior to such resignation.

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The Company shall use reasonable efforts to appoint such successor depositary, and give notice to
the Depositary of such appointment, not more than 90 days after delivery by the Depositary of
written notice of resignation as provided in this Section 5.4. In the event that notice of the
appointment of a successor depositary is not provided by the Company in accordance with the
preceding sentence, the Depositary shall be entitled to take the actions contemplated in Section
6.2 hereof.

The Depositary may at any time be removed by the Company by written notice of such removal, which
removal shall be effective on the earlier of (i) the 90th day after delivery thereof to the
Depositary (whereupon the Depositary shall be entitled to take the actions contemplated in Section
6.2 hereof), and (ii) upon the appointment by the Company of a successor depositary and its
acceptance of such appointment as hereinafter provided, save that, any amounts, fees, costs or
expenses owed to the Depositary hereunder or in accordance with any other agreements otherwise
agreed in writing between the Company and the Depositary from time to time shall be paid to the
Depositary prior to such removal.

In case at any time the Depositary acting hereunder shall resign or be removed, the Company shall
use its best efforts to appoint a successor depositary, which shall be a bank or trust company
having an office in the Borough of Manhattan, the City of New York. Every successor depositary
shall be required by the Company to execute and deliver to its predecessor and to the Company an
instrument in writing accepting its appointment hereunder, and thereupon such successor depositary,
without any further act or deed (except as required by applicable law), shall become fully vested
with all the rights, powers, duties and obligations of its predecessor. The predecessor
depositary, upon payment of all sums due to it and on the written request of the Company, shall (i)
execute and deliver an instrument transferring to such successor all rights and powers of such
predecessor hereunder (other than as contemplated in Sections 5.8 and 5.9 hereof), (ii) duly
assign, transfer and deliver all right, title and interest to the Deposited Securities to such
successor, and (iii) deliver to such successor a list of the Holders of all outstanding Receipts
and such other information relating to Receipts and Holders thereof as the successor may reasonably
request. Any such successor depositary shall promptly mail notice of its appointment to such
Holders.

Any corporation into or with which the Depositary may be merged or consolidated shall be the
successor of the Depositary without the execution or filing of any document or any further act.

     SECTION 5.5 The Custodian. The Custodian or its successors in acting hereunder shall
be subject at all times and in all respects to the direction of the Depositary for the Deposited
Securities for which the Custodian acts as custodian and shall be responsible solely to it. If any
Custodian resigns or is discharged from its duties hereunder with respect to any Deposited
Securities and no other Custodian has previously been appointed hereunder, the Depositary shall
promptly appoint a substitute custodian. The Depositary shall require such resigning or discharged
Custodian to deliver the Deposited Securities held by it, together with all such records maintained
by it as Custodian with respect to such Deposited Securities as the Depositary may request, to the
Custodian designated by the Depositary. Whenever the Depositary determines, in its discretion,
that it is appropriate to do so, it may appoint an additional entity to act as Custodian with
respect to any Deposited Securities, or discharge the Custodian with respect to any Deposited
Securities and appoint a substitute custodian, which shall thereafter be Custodian hereunder with
respect to the Deposited Securities. After any such change, the Depositary shall give notice
thereof in writing to all Holders.

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Upon the appointment of any successor depositary, any Custodian then acting hereunder shall, unless
otherwise instructed by the Depositary, continue to be the Custodian of the Deposited Securities
without any further act or writing and shall be subject to the direction of the successor
depositary. The successor depositary so appointed shall, nevertheless, on the written request of
any Custodian, execute and deliver to such Custodian all such instruments as may be proper to give
to such Custodian full and complete power and authority to act on the direction of such successor
depositary.

     SECTION 5.6 Notices and Reports. On or before the first date on which the Company
gives notice, by publication or otherwise, of any meeting of holders of Shares or other Deposited
Securities, or of any adjourned meeting of such holders, or of the taking of any action by such
holders other than at a meeting, or of the taking of any action in respect of any cash or other
distributions or the offering of any rights in respect of Deposited Securities, the Company shall
transmit to the Depositary and the Custodian a copy of the notice thereof in English but otherwise
in the form given or to be given to holders of Shares or other Deposited Securities. The Company
shall also furnish to the Custodian and the Depositary a summary, in English, of any applicable
provisions or proposed provisions of the Memorandum and Articles of Association that may be
relevant or pertain to such notice of meeting or be the subject of a vote thereat.

The Company will also transmit to the Depositary (a) English language versions of the other
notices, reports and communications which are made generally available by the Company to holders of
its Shares or other Deposited Securities and (b) English language versions of the Company’s annual
and other reports prepared in accordance with the applicable requirements of the Commission. The
Depositary shall arrange, at the request of the Company and at the Company’s expense, for the
mailing of copies thereof to all Holders, or by any other means as agreed between the Company and
the Depositary (at the Company’s expense) or make such notices, reports and other communications
available for inspection by all Holders, provided, that, the Depositary shall have received
evidence sufficiently satisfactory to it, including in the form of an opinion of local and/or U.S.
counsel or counsel of other applicable jurisdiction, furnished at the expense of the Company, as
the Depositary reasonably requests, that the distribution of such notices, reports and any such
other communications to Holders from time to time is valid and does not or will not infringe any
local, U.S. or other applicable jurisdiction regulatory restrictions or requirements if so
distributed and made available to Holders. The Company will timely provide the Depositary with the
quantity of such notices, reports, and communications, as requested by the Depositary from time to
time, in order for the Depositary to effect such mailings. The Company has delivered to the
Depositary and the Custodian a copy of the Memorandum and Articles of Association along with the
provisions of or governing the Shares and any other Deposited Securities issued by the Company or
any Affiliate of the Company, in connection with the Shares, in each case along with a certified
English translation thereof, and promptly upon any amendment thereto or change therein, the Company
shall deliver to the Depositary and the Custodian a copy of such amendment thereto or change
therein (along with a certified English translation thereof). The Depositary may rely upon such
copy for all purposes of this Deposit Agreement.

The Depositary will make available a copy of any such notices, reports or communications issued by
the Company and delivered to the Depositary for inspection by the Holders of the Receipts
evidencing the American Depositary Shares representing such Shares governed by such provisions at
the Depositary’s Corporate Trust Office, at the office of the Custodian and at any other designated
transfer office.

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     SECTION 5.7 Issuance of Additional Shares, ADSs etc. The Company agrees that in the
event it or any of its Affiliates proposes (i) an issuance, sale or distribution of additional
Shares, (ii) an offering of rights to subscribe for Shares or other Deposited Securities, (iii) an
issuance of securities convertible into or exchangeable for Shares, (iv) an issuance of rights to
subscribe for securities convertible into or exchangeable for Shares, (v) an elective dividend of
cash or Shares, (vi) a redemption of Deposited Securities, (vii) a meeting of holders of Deposited
Securities, or solicitation of consents or proxies, relating to any reclassification of securities,
merger, subdivision, amalgamation or consolidation or transfer of assets or (viii) any
reclassification, recapitalization, reorganization, merger, amalgamation, consolidation or sale of
assets which affects the Deposited Securities, it will obtain U.S. legal advice and take all steps
necessary to ensure that the application of the proposed transaction to Holders and Beneficial
Owners does not violate the registration provisions of the Securities Act, or any other applicable
laws (including, without limitation, the Investment Company Act of 1940, as amended, the Exchange
Act or the securities laws of the states of the United States). In support of the foregoing, the
Company will furnish to the Depositary, at the Company’s expense, (a) a written opinion of U.S.
counsel (satisfactory to the Depositary) stating whether or not application of such transaction to
Holders and Beneficial Owners (1) requires a registration statement under the Securities Act to be
in effect or (2) is exempt from the registration requirements of the Securities Act and/or (3)
dealing with such other issues reasonably requested by the Depositary; (b) a written opinion of
Cayman Islands counsel (satisfactory to the Depositary) stating that (1) making the transaction
available to Holders and Beneficial Owners does not violate the laws or regulations of the Cayman
Islands and (2) all requisite regulatory consents and approvals have been obtained in the Cayman
Islands; and (c) as the Depositary may reasonably request, a written opinion of counsel in any
other jurisdiction in which Holders or Beneficial Owners reside to the effect that making the
transaction available to such Holders or Beneficial Owners does not violate the laws or regulations
of such jurisdiction. If the filing of a registration statement is required, the Depositary shall
not have any obligation to proceed with the transaction unless it shall have received evidence
reasonably satisfactory to it that such registration statement has been declared effective and that
such distribution is in accordance with all applicable laws or regulations. If, being advised by
counsel, the Company determines that a transaction is required to be registered under the
Securities Act, the Company will either (i) register such transaction to the extent necessary, (ii)
alter the terms of the transaction to avoid the registration requirements of the Securities Act or
(iii) direct the Depositary to take specific measures, in each case as contemplated in this Deposit
Agreement, to prevent such transaction from violating the registration requirements of the
Securities Act.

The Company agrees with the Depositary that neither the Company nor any of its Affiliates will at
any time (i) deposit any Shares or other Deposited Securities, either upon original issuance or
upon a sale of Shares or other Deposited Securities previously issued and reacquired by the Company
or by any such Affiliate, or (ii) issue additional Shares, rights to subscribe for such Shares,
securities convertible into or exchangeable for Shares or rights to subscribe for such securities,
unless such transaction and the securities issuable in such transaction are exempt from
registration under the Securities Act or have been registered under the Securities Act (and such
registration statement has been declared effective).

Notwithstanding anything else contained in this Deposit Agreement, nothing in this Deposit
Agreement shall be deemed to obligate the Company to file any registration statement in respect of
any proposed transaction.

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     SECTION 5.8 Indemnification. The Company agrees to indemnify the Depositary, any
Custodian and each of their respective directors, officers, employees, agents and Affiliates
against, and hold each of them harmless from, any direct losses, liabilities, taxes, costs, claims,
judgments, proceedings, actions, demands and any charges or expenses of any kind whatsoever
(including, but not limited to, reasonable attorney’s fees and expenses and, in each case, fees and
expenses of counsel, in each case, irrevocable value added tax and any similar tax charged or
otherwise imposed in respect thereof) (collectively referred to as “Losses”) which the Depositary
or any agent thereof may incur or which may be made against it as a result of or in connection with
its appointment or the exercise of its powers and duties under this Agreement or that may arise (a)
out of or in connection with any offer, issuance, sale, resale, transfer, deposit or withdrawal of
Receipts, American Depositary Shares, the Shares, or other Deposited Securities, as the case may
be, (b) out of or in connection with any offering documents in respect thereof or (c) out of or in
connection with acts performed or omitted, including, but not limited to, any delivery by the
Depositary on behalf of the Company of information regarding the Company in connection with this
Deposit Agreement, the Receipts, the American Depositary Shares, the Shares, or any Deposited
Securities, in any such case (i) by the Depositary, the Custodian or any of their respective
directors, officers, employees, agents and Affiliates, except to the extent any such Losses arises
out of the gross negligence or bad faith of any of them, or (ii) by the Company or any of its
directors, officers, employees, agents and Affiliates. Notwithstanding the above, in no event
shall the Company or any of its directors, officers, employees, agents and/or Affiliates be liable
for any indirect, special, punitive or consequential damages to the Depositary, any Custodian and
each of their respective directors, officers, employees, agents and Affiliates or any other person.

The Depositary agrees to indemnify the Company and any of its respective directors, officers,
employees, agents and Affiliates against and hold each of them harmless from any direct Losses
which may arise out of acts performed or omitted to be performed by the Depositary arising out of
the gross negligence or bad faith of the Depositary or any of their respective directors, officers
or employees, agents and/or Affiliates. Notwithstanding the above, in no event shall the
Depositary or any of its directors, officers, employees, agents and/or Affiliates be liable for any
indirect, special punitive or consequential damages to the Company, Holders, Beneficial Owners or
any other person.

Any person seeking indemnification hereunder (an “Indemnified Person”) shall notify the person from
whom it is seeking indemnification (the “Indemnifying Person”) of the commencement of any
indemnifiable action or claim promptly after such Indemnified Person becomes aware of such
commencement (provided that the failure to make such notification shall not affect such Indemnified
Person’s rights to indemnification except to the extent the Indemnifying Person is materially
prejudiced by such failure) and shall consult in good faith with the Indemnifying Person as to the
conduct of the defense of such action or claim that may give rise to an indemnity hereunder, which
defense shall be reasonable under the circumstances. No Indemnified Person shall compromise or
settle any action or claim that may give rise to an indemnity hereunder without the consent of the
Indemnifying Person, which consent shall not be unreasonably withheld.

The obligations set forth in this Section shall survive the termination of this Deposit Agreement
and the succession or substitution of any party hereto.

     SECTION 5.9 Fees and Charges of Depositary. The Company, the Holders, the Beneficial
Owners, and persons depositing Shares or surrendering ADSs for cancellation and

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withdrawal of Deposited Securities shall be required to pay to the Depositary the Depositary’s
fees and related charges identified as payable by them respectively as provided for under Article
(9) of Exhibit A hereto. All fees and charges so payable may, at any time and from time to time,
be changed by agreement between the Depositary and the Company, but, in the case of fees and
charges payable by Holders and Beneficial Owners, only in the manner contemplated in Section 6.1
hereof. The Depositary shall provide, without charge, a copy of its latest fee schedule to anyone
upon request.

The Depositary and the Company may reach separate agreement in relation to the payment of any
additional remuneration to the Depositary in respect of any exceptional duties which the Depositary
finds necessary or desirable and agreed by both parties in the performance of its obligations
hereunder and in respect of the actual costs and expenses of the Depositary in respect of any
notices required to be given to the Holders in accordance with Article (21) of Exhibit B hereto.

In connection with any payment by the Company to the Depositary:

	 	(i)	 	all fees, taxes, duties, charges, costs and
expenses which are payable by the Company shall be paid or be procured
to be paid by the Company (and any such amounts which are paid by the
Depositary shall be reimbursed to the Depositary by the Company upon
demand therefor);
	 
	 	(ii)	 	such payment shall be subject to all necessary
applicable exchange control and other consents and approvals having
been obtained. The Company undertakes to use its reasonable endeavours
to obtain all necessary approvals that are required to be obtained by
it in this connection; and
	 
	 	(iii)	 	the Depositary may request, in its sole but
reasonable discretion after reasonable consultation with the Company,
an Opinion of Counsel regarding U.S. law, the laws of the Cayman
Islands or of any other relevant jurisdiction, to be furnished at the
expense of the Company, if at any time it deems it necessary to seek
such an Opinion of Counsel regarding the validity of any action to be
taken or instructed to be taken under this Agreement.

The Company agrees to promptly pay to the Depositary such other fees, charges and expenses and to
reimburse the Depositary for such out-of-pocket expenses as the Depositary and the Company may
agree to in writing from time to time. Responsibility for payment of such charges may at any time
and from time to time be changed by agreement between the Company and the Depositary.

All payments by the Company to the Depositary under this Clause 5.9 shall be paid without set-off
or counterclaim, and free and clear of and without deduction or withholding for or on account of,
any present or future taxes, levies, imports, duties, fees, assessments or other charges of
whatever nature, imposed by the Cayman Islands or by any department, agency or other political
subdivision or taxing authority thereof or therein, and all interest, penalties or similar
liabilities with respect thereto.

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The right of the Depositary to receive payment of fees, charges and expenses as provided above
shall survive the termination of this Deposit Agreement. As to any Depositary, upon the
resignation or removal of such Depositary as described in Section 5.4 hereof, such right shall
extend for those fees, charges and expenses incurred prior to the effectiveness of such resignation
or removal.

     SECTION 5.10 Restricted Securities Owners/Ownership Restrictions. From time to time
or upon request of the Depositary, the Company shall provide to the Depositary a list setting
forth, to the actual knowledge of the Company, those persons or entities who beneficially own
Restricted Securities and the Company shall update such list on a regular basis. The Depositary may
rely on such list or update but shall not be liable for any action or omission made in reliance
thereon. The Company agrees to advise in writing each of the persons or entities who, to the
knowledge of the Company, holds Restricted Securities that such Restricted Securities are
ineligible for deposit hereunder (except under the circumstances contemplated in Section 2.11) and,
to the extent practicable, shall require each of such persons to represent in writing that such
person will not deposit Restricted Securities hereunder (except under the circumstances
contemplated in Section 2.11). The Company shall, in accordance with Article (25) of Exhibit B
hereto, inform Holders and Beneficial Owners and the Depositary of any other limitations on
ownership of Shares that the Holders and Beneficial Owners may be subject to by reason of the
number of ADSs held under the Articles of Association or applicable Cayman Islands law, as such
restrictions may be in force from time to time.

ARTICLE VI.

AMENDMENT AND TERMINATION

     SECTION 6.1 Amendment/Supplement. Subject to the terms and conditions of this
Section 6.1 and applicable law, the Receipts outstanding at any time, the provisions of this
Deposit Agreement and the form of Receipt attached hereto and to be issued under the terms hereof
may at any time and from time to time be amended or supplemented by written agreement between the
Company and the Depositary in any respect which they may deem necessary or desirable and not
materially prejudicial to the Holders without the consent of the Holders or Beneficial Owners. Any
amendment or supplement which shall impose or increase any fees or charges (other than charges in
connection with foreign exchange control regulations, and taxes and/or other governmental charges,
delivery and other such expenses payable by Holders or Beneficial Owners), or which shall otherwise
materially prejudice any substantial existing right of Holders or Beneficial Owners, shall not,
however, become effective as to outstanding Receipts until 30 days after notice of such amendment
or supplement shall have been given to the Holders of outstanding Receipts. Notice of any amendment
to the Deposit Agreement or form of Receipts shall not need to describe in detail the specific
amendments effectuated thereby, and failure to describe the specific amendments in any such notice
shall not render such notice invalid, provided, however, that, in each such case, the notice given
to the Holders identifies a means for Holders and Beneficial Owners to retrieve or receive the text
of such amendment (i.e., upon retrieval from the Commission’s, the Depositary’s or the Company’s
website or upon request from the Depositary).The parties hereto agree that any amendments or
supplements which (i) are reasonably necessary (as agreed by the Company and the Depositary) in
order for (a) the American Depositary Shares to be registered on Form F-6 under the Securities Act
or (b) the American Depositary Shares or the Shares to be traded solely in electronic book-entry
form and (ii) do not in either such

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case impose or increase any fees or charges to be borne by Holders, shall be deemed not to
materially prejudice any substantial rights of Holders or Beneficial Owners. Every Holder and
Beneficial Owner at the time any amendment or supplement so becomes effective shall be deemed, by
continuing to hold such American Depositary Share or Shares, to consent and agree to such amendment
or supplement and to be bound by the Deposit Agreement as amended and supplemented thereby. In no
event shall any amendment or supplement impair the right of the Holder to surrender such Receipt
and receive therefor the Deposited Securities represented thereby, except in order to comply with
mandatory provisions of applicable law. Notwithstanding the foregoing, if any governmental body
should adopt new laws, rules or regulations which would require amendment or supplement of the
Deposit Agreement to ensure compliance therewith, the Company and the Depositary may amend or
supplement the Deposit Agreement and the Receipt at any time in accordance with such changed laws,
rules or regulations. Such amendment or supplement to the Deposit Agreement in such circumstances
may become effective before a notice of such amendment or supplement is given to Holders or within
any other period of time as required for compliance with such laws, rules or regulations.

     SECTION 6.2 Termination. The Depositary shall, at any time at the written direction
of the Company, terminate this Deposit Agreement by mailing notice of such termination to the
Holders of all Receipts then outstanding at least 60 days prior to the date fixed in such notice
for such termination, provided that, the Depositary shall be reimbursed for any amounts, fees,
costs or expenses owed to it in accordance with the terms of this Deposit Agreement and in
accordance with any other agreements as otherwise agreed in writing between the Company and the
Depositary from time to time, prior to such termination shall take effect. If 90 days shall have
expired after (i) the Depositary shall have delivered to the Company a written notice of its
election to resign, or (ii) the Company shall have delivered to the Depositary a written notice of
the removal of the Depositary, and in either case a successor depositary shall not have been
appointed and accepted its appointment as provided in Section 5.4 hereof, the Depositary may
terminate this Deposit Agreement by mailing notice of such termination to the Holders of all
Receipts then outstanding at least 30 days prior to the date fixed for such termination. On and
after the date of termination of this Deposit Agreement, the Holder will, upon surrender of such
Receipt at the Corporate Trust Office of the Depositary, upon the payment of the charges of the
Depositary for the surrender of Receipts referred to in Section 2.6 hereof and subject to the
conditions and restrictions therein set forth, and upon payment of any applicable taxes and/or
governmental charges, be entitled to Delivery, to him or upon his order, of the amount of Deposited
Securities represented by such Receipt. If any Receipts shall remain outstanding after the date of
termination of this Deposit Agreement, the Registrar thereafter shall discontinue the registration
of transfers of Receipts, and the Depositary shall suspend the distribution of dividends to the
Holders thereof, and shall not give any further notices or perform any further acts under this
Deposit Agreement, except that the Depositary shall continue to collect dividends and other
distributions pertaining to Deposited Securities, shall sell rights or other property as provided
in this Deposit Agreement, and shall continue to Deliver Deposited Securities, subject to the
conditions and restrictions set forth in Section 2.6 hereof, together with any dividends or other
distributions received with respect thereto and the net proceeds of the sale of any rights or other
property, in exchange for Receipts surrendered to the Depositary (after deducting, or charging, as
the case may be, in each case, the charges of the Depositary for the surrender of a Receipt, any
expenses for the account of the Holder in accordance with the terms and conditions of this Deposit
Agreement and any applicable taxes and/or governmental charges or assessments). At any time after
the expiration of six months

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from the date of termination of this Deposit Agreement, the Depositary may sell the Deposited
Securities then held hereunder and may thereafter hold uninvested the net proceeds of any such
sale, together with any other cash then held by it hereunder, in an unsegregated account, without
liability for interest for the pro rata benefit of the Holders of Receipts whose Receipts have not
theretofore been surrendered. After making such sale, the Depositary shall be discharged from all
obligations under this Deposit Agreement with respect to the Receipts and the Shares, Deposited
Securities and American Depositary Shares, except to account for such net proceeds and other cash
(after deducting, or charging, as the case may be, in each case, the charges of the Depositary for
the surrender of a Receipt, any expenses for the account of the Holder in accordance with the terms
and conditions of this Deposit Agreement and any applicable taxes and/or governmental charges or
assessments). Upon the termination of this Deposit Agreement, the Company shall be discharged from
all obligations under this Deposit Agreement except for its obligations to the Depositary
hereunder.

ARTICLE VII.

MISCELLANEOUS

     SECTION 7.1 Counterparts. This Deposit Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, and all of such counterparts together
shall constitute one and the same agreement. Copies of this Deposit Agreement shall be maintained
with the Depositary and shall be open to inspection by any Holder during business hours.

     SECTION 7.2 No Third-Party Beneficiaries. This Deposit Agreement is for the
exclusive benefit of the parties hereto (and their successors) and shall not be deemed to give any
legal or equitable right, remedy or claim whatsoever to any other person, except to the extent
specifically set forth in this Deposit Agreement. Nothing in this Deposit Agreement shall be
deemed to give rise to a partnership or joint venture among the parties hereto nor establish a
fiduciary or similar relationship among the parties. The parties hereto acknowledge and agree that
(i) the Depositary and its Affiliates may at any time have multiple banking relationships with the
Company and its Affiliates, (ii) the Depositary and its Affiliates may be engaged at any time in
transactions in which parties adverse to the Company or the Holders or Beneficial Owners may have
interests and (iii) nothing contained in this Agreement shall (a) preclude the Depositary or any of
its Affiliates from engaging in such transactions or establishing or maintaining such
relationships, or (b) obligate the Depositary or any of its Affiliates to disclose such
transactions or relationships or to account for any profit made or payment received in such
transactions or relationships.

     SECTION 7.3 Severability. In case any one or more of the provisions contained in
this Deposit Agreement or in the Receipts should be or become invalid, illegal or unenforceable in
any respect, the validity, legality and enforceability of the remaining provisions contained herein
or therein shall in no way be affected, prejudiced or disturbed thereby.

     SECTION 7.4 Holders and Beneficial Owners as Parties; Binding Effect. The Holders
and Beneficial Owners from time to time of American Depositary Shares shall be parties to the
Deposit Agreement and shall be bound by all of the terms and conditions hereof and of any Receipt
by acceptance hereof or any beneficial interest therein.

35

 

     SECTION 7.5 Notices. Any and all notices to be given to the Company shall be deemed
to have been duly given if personally delivered or sent by first-class mail, air courier or cable,
telex, facsimile transmission or electronic transmission, confirmed by letter, addressed to NetQin
Mobile Inc. No. 4 Building, 11 Heping Li East Street, Dongcheng District, Beijing 100013, The
People’s Republic of China, or to any other address which the Company may specify in writing to the
Depositary.

Any and all notices to be given to the Depositary shall be deemed to have been duly given if
personally delivered or sent by first-class mail, air courier or cable, telex, facsimile
transmission or by electronic transmission (if agreed by the Company and the Depositary), at the
Company’s expense, unless otherwise agreed in writing between the Company and the Depositary,
confirmed by letter, addressed to Deutsche Bank Trust Company Americas, 60 Wall Street, New York,
New York 10005, USA, Attention: ADR Department, telephone: +1 212 250-9100, facsimile: + 1 212
797 0327 or to any other address which the Depositary may specify in writing to the Company.

Any and all notices to be given to any Holder shall be deemed to have been duly given if personally
delivered or sent by first-class mail or cable, telex, facsimile transmission or by electronic
transmission (if agreed by the Company and the Depositary), at the Company’s expense, unless
otherwise agreed in writing between the Company and the Depositary, addressed to such Holder at the
address of such Holder as it appears on the transfer books for Receipts of the Depositary, or, if
such Holder shall have filed with the Depositary a written request that notices intended for such
Holder be mailed to some other address, at the address specified in such request. Notice to Holders
shall be deemed to be notice to Beneficial Owners for all purposes of this Deposit Agreement.

Delivery of a notice sent by mail, air courier or cable, telex, facsimile or electronic
transmission shall be deemed to be effective at the time when a duly addressed letter containing
the same (or a confirmation thereof in the case of a cable, telex, facsimile or electronic
transmission) is deposited, postage prepaid, in a post-office letter box or delivered to an air
courier service. The Depositary or the Company may, however, act upon any cable, telex, facsimile
or electronic transmission received by it from the other or from any Holder, notwithstanding that
such cable, telex, facsimile or electronic transmission shall not subsequently be confirmed by
letter as aforesaid, as the case may be.

     SECTION 7.6 Governing Law and Jurisdiction. This Deposit Agreement and the Receipts
shall be interpreted in accordance with, and all rights hereunder and thereunder and provisions
hereof and thereof shall be governed by, the laws of the State of New York without reference to the
principles of choice of law thereof. Except as set forth in the following paragraph of this
Section 7.6, the Company and the Depositary agree that the federal or state courts in the City of
New York shall have non-exclusive jurisdiction to hear and determine any suit, action or proceeding
and to settle any dispute between them that may arise out of or in connection with this Deposit
Agreement and, for such purposes, each irrevocably submits to the non-exclusive jurisdiction of
such courts. The Company hereby irrevocably designates, appoints and empowers Law Debenture
Corporate Services Inc. (the “Process Agent”), now at 400 Madison Avenue, 4th Floor, New York, New
York 10017 as its authorized agent to receive and accept for and on its behalf, and on behalf of
its properties, assets and revenues, service by mail of any and all legal process, summons, notices
and documents that may be served in any suit, action or proceeding brought against the Company in
any federal or state court as described in the preceding sentence or in the next paragraph of

36

 

this Section 7.6. If for any reason the Process Agent shall cease to be available to act as
such, the Company agrees to designate a new agent in The City of New York on the terms and for the
purposes of this Section 7.6 reasonably satisfactory to the Depositary. The Company further hereby
irrevocably consents and agrees to the service of any and all legal process, summons, notices and
documents in any suit, action or proceeding against the Company, by service by mail of a copy
thereof upon the Process Agent (whether or not the appointment of such Process Agent shall for any
reason prove to be ineffective or such Process Agent shall fail to accept or acknowledge such
service), with a copy mailed to the Company by registered or certified air mail, postage prepaid,
to its address provided in Section 7.5 hereof. The Company agrees that the failure of the Process
Agent to give any notice of such service to it shall not impair or affect in any way the validity
of such service or any judgment rendered in any action or proceeding based thereon.

Notwithstanding the foregoing, the Depositary and the Company unconditionally agree that in the
event that a Holder or Beneficial Owner brings a suit, action or proceeding against (a) the
Company, (b) the Depositary in its capacity as Depositary under this Deposit Agreement or (c)
against both the Company and the Depositary, in any state or federal court of the United States,
and the Depositary or the Company have any claim, for indemnification or otherwise, against each
other arising out of the subject matter of such suit, action or proceeding, then the Company and
the Depositary may pursue such claim against each other in the state or federal court in the United
States in which such suit, action, or proceeding is pending, and for such purposes, the Company and
the Depositary irrevocably submit to the non-exclusive jurisdiction of such courts. The Company
agrees that service of process upon the Process Agent in the manner set forth in the preceding
paragraph shall be effective service upon it for any suit, action or proceeding brought against it
as described in this paragraph.

The Company irrevocably and unconditionally waives, to the fullest extent permitted by law, any
objection that it may now or hereafter have to the laying of venue of any actions, suits or
proceedings brought in any court as provided in this Section 7.6, and hereby further irrevocably
and unconditionally waives and agrees not to plead or claim in any such court that any such action,
suit or proceeding brought in any such court has been brought in an inconvenient forum.

The Company and the Depositary agree that, notwithstanding the foregoing, with regard to any claim
or dispute or difference of whatever nature between the parties hereto arising directly or
indirectly from the relationship created by this Deposit Agreement, the Depositary, in its sole
discretion, shall be entitled to refer such dispute or difference for final settlement by
arbitration (“Arbitration”) in accordance with the applicable rules of the American Arbitration
Association (the “Rules”) then in force, by a sole arbitrator appointed in accordance with the
Rules. The seat and place of any reference to Arbitration shall be New York, New York State. The
procedural law of any Arbitration shall be New York law and the language to be used in the
Arbitration shall be English. The fees of the arbitrator and other costs incurred by the parties in
connection with such Arbitration shall be paid by the party that is unsuccessful in such
Arbitration.

EACH PARTY TO THE DEPOSIT AGREEMENT (INCLUDING, FOR AVOIDANCE OF DOUBT, EACH HOLDER AND BENEFICIAL
OWNER AND/OR HOLDER OF INTERESTS IN THE ADRs) HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY SUIT, ACTION OR
PROCEEDING AGAINST THE

37

 

DEPOSITARY AND/OR THE COMPANY DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THE SHARES OR
OTHER DEPOSITED SECURITIES, THE ADSs OR THE ADRs, THE DEPOSIT AGREEMENT OR ANY TRANSACTION
CONTEMPLATED HEREIN OR THEREIN, OR THE BREACH HEREOF OR THEREOF (WHETHER BASED ON CONTRACT, TORT,
COMMON LAW OR ANY OTHER THEORY).

The provisions of this Section 7.6 shall survive any termination of this Deposit Agreement, in
whole or in part.

     SECTION 7.7 Assignment. Subject to the provisions of Section 5.4 hereof, this
Deposit Agreement may not be assigned by either the Company or the Depositary.

     SECTION 7.8 Agents. The Depositary shall be entitled, in its sole but reasonable
discretion, to appoint one or more agents (the “Agents”) of which it shall have control for the
purpose, inter alia, of making distributions to the Holders or otherwise carrying out its
obligations under this Agreement.

     SECTION 7.9 Exclusivity. The Company agrees not to appoint any other depositary for
the issuance or administration of depositary receipts evidencing any class of stock of the Company
so long as Deutsche Bank Trust Company Americas is acting as Depositary hereunder.

     SECTION 7.10 Compliance with U.S. Securities Laws. Notwithstanding anything in this
Deposit Agreement to the contrary, the withdrawal or Delivery of Deposited Securities will not be
suspended by the Company or the Depositary except as would be permitted by Instruction I.A.(1) of
the General Instructions to Form F-6 Registration Statement, as amended from time to time, under
the Securities Act.

     SECTION 7.11 Titles. All references in this Deposit Agreement to exhibits, Articles,
sections, subsections, and other subdivisions refer to the exhibits, Articles, sections,
subsections and other subdivisions of this Deposit Agreement unless expressly provided otherwise.
The words “this Deposit Agreement”, “herein”, “hereof”, “hereby”, “hereunder”, and words of similar
import refer to the Deposit Agreement as a whole as in effect between the Company, the Depositary
and the Holders and Beneficial Owners of ADSs and not to any particular subdivision unless
expressly so limited. Pronouns in masculine, feminine and neuter gender shall be construed to
include any other gender, and words in the singular form shall be construed to include the plural
and vice versa unless the context otherwise requires. Titles to sections of this Deposit Agreement
are included for convenience only and shall be disregarded in construing the language contained in
this Deposit Agreement.

38

 

IN WITNESS WHEREOF, NETQIN MOBILE INC. and DEUTSCHE BANK TRUST COMPANY AMERICAS have duly executed
this Deposit Agreement as of the day and year first above set forth and all Holders and Beneficial
Owners shall become parties hereto upon acceptance by them of American Depositary Shares evidenced
by Receipts issued in accordance with the terms hereof.

	 	 	 	 	 
	 	NETQIN MOBILE INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	DEUTSCHE BANK TRUST COMPANY AMERICAS

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	 	 
	 	By:  	

 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

39

 

EXHIBIT A

CUSIP           

ISIN           

	 	 	 
	 

	 	American Depositary
Shares (Each

American Depositary
Share

representing           

Fully Paid Class A
Common Shares)

[FORM OF FACE OF RECEIPT]

AMERICAN DEPOSITARY RECEIPT

for

AMERICAN DEPOSITARY SHARES

representing

DEPOSITED CLASS A COMMON SHARES

of

NETQIN MOBILE INC.

(Incorporated under the laws of the Cayman Islands)

DEUTSCHE BANK TRUST COMPANY AMERICAS, as depositary (herein called the “Depositary”), hereby
certifies that                                is the owner of                                American Depositary Shares
(hereinafter “ADS”), representing deposited Class A common shares, each of Par Value of $0.0001
including evidence of rights to receive such common shares (the “Shares”) of NetQin Mobile Inc., a
company incorporated under the laws of the Cayman Islands (the “Company”). As of the date of the
Deposit Agreement (hereinafter referred to), each ADS represents            Shares deposited under the
Deposit Agreement with the Custodian which at the date of execution of the Deposit Agreement is
Deutsche Bank AG, Hong Kong Branch (the “Custodian”). The ratio of Depositary Shares to shares of
stock is subject to subsequent amendment as provided in Article IV of the Deposit Agreement. The
Depositary’s Corporate Trust Office is located at 60 Wall Street, New York, New York 10005, U.S.A.

(1) The Deposit Agreement. This American Depositary Receipt is one of an issue of American
Depositary Receipts (“Receipts”), all issued or to be issued upon the terms and conditions set
forth in the Deposit Agreement, dated as of                     , 2011 (as amended from
time to time, the “Deposit Agreement”), by and among the Company, the Depositary, and all Holders
and Beneficial Owners from time to time of Receipts issued thereunder, each of whom by accepting a
Receipt agrees to become a party thereto and becomes bound by all the terms and conditions thereof.
The Deposit Agreement sets forth the rights and obligations of

40

 

Holders and Beneficial Owners of
Receipts and the rights and duties of the Depositary in respect of the Shares deposited thereunder
and any and all other securities, property and cash from time to time, received in respect of such
Shares and held thereunder (such Shares, other securities, property and cash are herein called
“Deposited Securities”). Copies of the Deposit Agreement are on file at the Corporate Trust Office
of the Depositary and the Custodian.

Each owner and each Beneficial Owner, upon acceptance of any ADSs (or any interest therein) issued
in accordance with the terms and conditions of the Deposit Agreement, shall be deemed for all
purposes to (a) be a party to and bound by the terms of the Deposit Agreement and applicable
ADR(s), and (b) appoint the Depositary its attorney-in-fact, with full power to delegate, to act on
its behalf and to take any and all actions contemplated in the Deposit Agreement and the applicable
ADR(s), to adopt any and all procedures necessary to comply with applicable law and to take such
action as the Depositary in its sole discretion may deem necessary or appropriate to carry out the
purposes of the Deposit Agreement and the applicable ADR(s), the taking of such actions to be the
conclusive determinant of the necessity and appropriateness thereof.

The statements made on the face and reverse of this Receipt are summaries of certain provisions of
the Deposit Agreement and the Memorandum and Articles of Association (as in effect on the date of
the Deposit Agreement) and are qualified by and subject to the detailed provisions of the Deposit
Agreement, to which reference is hereby made. All capitalized terms used herein which are not
otherwise defined herein shall have the meanings ascribed thereto in the Deposit Agreement. The
Depositary makes no representation or warranty as to the validity or worth of the Deposited
Securities. The Depositary has made arrangements for the acceptance of the American Depositary
Shares into DTC. Each Beneficial Owner of American Depositary Shares held through DTC must rely on
the procedures of DTC and the DTC Participants to exercise and be entitled to any rights
attributable to such American Depositary Shares. The Receipt evidencing the American Depositary
Shares held through DTC will be registered in the name of a nominee of DTC. So long as the
American Depositary Shares are held through DTC or unless otherwise required by law, ownership of
beneficial interests in the Receipt registered in the name of DTC (or its nominee) will be shown
on, and transfers of such ownership will be effected only through, records maintained by (i) DTC
(or its nominee), or (ii) DTC Participants (or their nominees).

(2) Surrender of Receipts and Withdrawal of Deposited Securities. Upon surrender, at the
Corporate Trust Office of the Depositary, of ADSs evidenced by this Receipt for the purpose of
withdrawal of the Deposited Securities represented thereby, and upon payment of (i) the charges of
the Depositary for the making of withdrawals and cancellation of Receipts (as set forth in Section
5.9 of the Deposit Agreement and Article (9) hereof) and (ii) all fees, taxes and/or governmental
charges payable in connection with such surrender and withdrawal, and, subject to the terms and
conditions of the Deposit Agreement, the Memorandum and Articles of Association, Section 7.10 of the Deposit
Agreement, Article (23) hereof and the provisions of or governing the Deposited Securities and
other applicable laws, the Holder of the American Depositary Shares evidenced hereby is entitled to
Delivery, to him or upon his order, of the Deposited Securities represented by the ADS so
surrendered. Subject to the last sentence of this paragraph, such Deposited Securities may be
Delivered in certificated form or by electronic Delivery. ADS may be surrendered for the purpose of
withdrawing Deposited Securities by Delivery of a Receipt evidencing such ADS (if held in
registered form) or by book-entry delivery of such ADS to the Depositary.

41

 

A Receipt surrendered for such purposes shall, if so required by the Depositary, be properly
endorsed in blank or accompanied by proper instruments of transfer in blank, and if the Depositary
so requires, the Holder thereof shall execute and deliver to the Depositary a written order
directing the Depositary to cause the Deposited Securities being withdrawn to be Delivered to or
upon the written order of a person or persons designated in such order. Thereupon, the Depositary
shall direct the Custodian to Deliver (without unreasonable delay) at the designated office of the
Custodian (subject to the terms and conditions of the Deposit Agreement, to the Memorandum and
Articles of Association, and to the provisions of or governing the Deposited Securities and
applicable laws, now or hereafter in effect), to or upon the written order of the person or persons
designated in the order delivered to the Depositary as provided above, the Deposited Securities
represented by such ADSs, together with any certificate or other proper documents of or relating to
title for the Deposited Securities or evidence of the electronic transfer thereof (if available) as
the case may be to or for the account of such person. The Depositary may make delivery to such
person or persons at the Corporate Trust Office of the Depositary of any dividends or distributions
with respect to the Deposited Securities represented by such Receipt, or of any proceeds of sale of
any dividends, distributions or rights, which may at the time be held by the Depositary.

The Depositary may, in its discretion, refuse to accept for surrender a number of American
Depositary Shares representing a number of Shares other than a whole number of Shares. In the case
of surrender of a Receipt evidencing a number of ADSs representing other than a whole number of
Shares, the Depositary shall cause ownership of the appropriate whole number of Shares to be
Delivered in accordance with the terms hereof, and shall, at the discretion of the Depositary,
either (i) issue and Deliver to the person surrendering such Receipt a new Receipt evidencing
American Depositary Shares representing any remaining fractional Share, or (ii) sell or cause to be
sold the fractional Shares represented by the Receipt so surrendered and remit the proceeds thereof
(net of (a) applicable fees and charges of, and expenses incurred by, the Depositary and (b) taxes
and/or governmental charges) to the person surrendering the Receipt. At the request, risk and
expense of any Holder so surrendering a Receipt, and for the account of such Holder, the Depositary
shall direct the Custodian to forward (to the extent permitted by law) any cash or other property
(other than securities) held in respect of, and any certificate or certificates and other proper
documents of or relating to title to, the Deposited Securities represented by such Receipt to the
Depositary for Delivery at the Corporate Trust Office of the Depositary, and for further Delivery
to such Holder. Such direction shall be given by letter or, at the request, risk and expense of such Holder, by cable, telex or facsimile
transmission.

(3) Transfers, Split-Ups and Combinations of Receipts. Subject to the terms and conditions
of the Deposit Agreement, the Registrar shall register transfers of Receipts on its books, upon
surrender at the Corporate Trust Office of the Depositary of a Receipt by the Holder thereof in
person or by duly authorized attorney, properly endorsed or accompanied by proper instruments of
transfer (including signature guarantees in accordance with standard industry practice) and duly
stamped as may be required by the laws of the State of New York and of the United States of
America, of the Cayman Islands and of any other applicable jurisdiction. Subject to the terms and
conditions of the Deposit Agreement, including payment of the applicable fees and expenses incurred
by, and charges of, the Depositary, the Depositary shall execute and Deliver a new Receipt(s) (and
if necessary, cause the Registrar to countersign such Receipt(s)) and deliver same to or upon the
order of the person entitled to such Receipts evidencing the same aggregate number of ADSs as those
evidenced by the Receipts surrendered. Upon surrender of a Receipt or Receipts for the purpose of
effecting a

42

 

split-up or combination of such Receipt or Receipts upon payment of the applicable fees
and charges of the Depositary, and subject to the terms and conditions of the Deposit Agreement,
the Depositary shall execute and deliver a new Receipt or Receipts for any authorized number of
ADSs requested, evidencing the same aggregate number of ADSs as the Receipt or Receipts
surrendered.

(4) Pre-Conditions to Registration, Transfer, Etc. As a condition precedent to the
execution and delivery, registration of transfer, split-up, combination or surrender of any Receipt
or withdrawal of any Deposited Securities, the Depositary or the Custodian may require (i) payment
from the depositor of Shares or presenter of the Receipt of a sum sufficient to reimburse it for
any tax or other governmental charge and any stock transfer or registration fee with respect
thereto (including any such tax or charge and fee with respect to Shares being deposited or
withdrawn) and payment of any applicable fees and charges of the Depositary as provided in the
Deposit Agreement and in this Receipt, (ii) the production of proof satisfactory to it as to the
identity and genuineness of any signature or any other matters and (iii) compliance with (A) any
laws or governmental regulations relating to the execution and delivery of Receipts and ADSs or to
the withdrawal of Deposited Securities and (B) such reasonable regulations of the Depositary or the
Company consistent with the Deposit Agreement and applicable law.

The issuance of ADSs against deposits of Shares generally or against deposits of particular Shares
may be suspended, or the issuance of ADSs against the deposit of particular Shares may be withheld,
or the registration of transfer of Receipts in particular instances may be refused, or the
registration of transfer of Receipts generally may be suspended, during any period when the
transfer books of the Depositary are closed or if any such action is deemed necessary or advisable
by the Depositary or the Company, in good faith, at any time or from time to time because of any
requirement of law, any government or governmental body or commission or any securities exchange
upon which the Receipts or Share are listed, or under any provision of the Deposit Agreement or
provisions of, or governing, the Deposited Securities or any meeting of shareholders of
the Company or for any other reason, subject in all cases to Article (23) hereof. Notwithstanding
any provision of the Deposit Agreement or this Receipt to the contrary, the Holders of Receipts are
entitled to surrender outstanding ADSs to withdraw the Deposited Securities at any time subject
only to (i) temporary delays caused by closing the transfer books of the Depositary or the Company
or the deposit of Shares in connection with voting at a shareholders’ meeting or the payment of
dividends, (ii) the payment of fees, taxes and/or similar charges, (iii) compliance with any U.S.
or foreign laws or governmental regulations relating to the Receipts or to the withdrawal of the
Deposited Securities, and (iv) other circumstances specifically contemplated by Section I.A.(l) of
the General Instructions to Form F-6 (as such General Instructions may be amended from time to
time). Without limitation of the foregoing, the Depositary shall not knowingly accept for deposit
under the Deposit Agreement any Shares or other Deposited Securities required to be registered
under the provisions of the Securities Act, unless a registration statement is in effect as to such
Shares.

(5) Compliance With Information Requests. Notwithstanding any other provision of the
Deposit Agreement or this Receipt, each Holder and Beneficial Owner of the ADSs represented hereby
agrees to comply with requests from the Company pursuant to the laws of the Cayman Islands, the
rules and requirements of the New York Stock Exchange and any other stock exchange on which the
Shares are, or will be registered, traded or listed, the Memorandum and Articles of Association,
which are made to provide information as to the

43

 

capacity in which such Holder or Beneficial Owner
owns ADSs and regarding the identity of any other person interested in such ADSs and the nature of
such interest and various other matters whether or not they are Holders and/or Beneficial Owner at
the time of such request. The Depositary agrees to use reasonable efforts to forward any such
requests to the Holders and to forward to the Company any such responses to such requests received
by the Depositary.

(6) Liability of Holder for Taxes, Duties and Other Charges. If any tax or other
governmental charge shall become payable by the Depositary or the Custodian with respect to any
Receipt or any Deposited Securities or ADSs, such tax, or other governmental charge shall be
payable by the Holders and Beneficial Owners to the Depositary. The Company, the Custodian and/or
the Depositary may withhold or deduct from any distributions made in respect of Deposited
Securities and may sell for the account of the Holder and/or Beneficial Owner any or all of the
Deposited Securities and apply such distributions and sale proceeds in payment of such taxes
(including applicable interest and penalties) or charges, with the Holder and the Beneficial Owner
hereof remaining fully liable for any deficiency. The Custodian may refuse the deposit of Shares,
and the Depositary may refuse to issue ADSs, to deliver Receipts, register the transfer, split-up
or combination of ADRs and (subject to Article (23) hereof) the withdrawal of Deposited Securities,
until payment in full of such tax, charge, penalty or interest is received. Every Holder and
Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian and each of their
respective agents, directors, employees and Affiliates for, and hold each of them harmless from,
any claims with respect to taxes (including applicable interest and penalties thereon) arising from
any tax benefit obtained for such Holder and/or Beneficial Owner.

Holders understand that in converting Foreign Currency, amounts received on conversion are
calculated at a rate which may exceed the number of decimal places used by the Depositary to report
distribution rates (which in any case will not be less than two decimal places). Any excess amount
may be retained by the Depositary as an additional cost of conversion, irrespective of any other
fees and expenses payable or owing hereunder and shall not be subject to escheatment.

(7) Representations and Warranties of Depositors. Each person depositing Shares under the
Deposit Agreement shall be deemed thereby to represent and warrant that (i) such Shares (and the
certificates therefor) are duly authorized, validly issued, fully paid, non-assessable and were
legally obtained by such person, (ii) all preemptive (and similar) rights, if any, with respect to
such Shares, have been validly waived or exercised, (iii) the person making such deposit is duly
authorized so to do, (iv) the Shares presented for deposit are free and clear of any lien,
encumbrance, security interest, charge, mortgage or adverse claim, and are not, and the ADSs
issuable upon such deposit will not be, Restricted Securities (except as contemplated by Section
2.11), (v) the Shares presented for deposit have not been stripped of any rights or entitlements
and (vi) the Shares are not subject to any lock-up agreement with the Company or other party, or
the Shares are subject to lock-up agreement but such lock-up agreement has terminated or the
lock-up restrictions imposed thereunder has expired. Such representations and warranties shall
survive the deposit and withdrawal of Shares and the issuance, cancellation and transfer of ADSs.
If any such representations or warranties are false in any way, the Company and Depositary shall be
authorized, at the cost and expense of the person depositing Shares, to take any and all actions
necessary to correct the consequences thereof.

44

 

(8) Filing Proofs, Certificates and Other Information. Any person presenting Shares for
deposit, any Holder and any Beneficial Owner may be required, and every Holder and Beneficial Owner
agrees, from time to time to provide to the Depositary such proof of citizenship or residence,
taxpayer status, payment of all applicable taxes and/or other governmental charges, exchange
control approval, legal or beneficial ownership of ADSs and Deposited Securities, compliance with
applicable laws and the terms of the Deposit Agreement and the provisions of, or governing, the
Deposited Securities or other information as the Depositary deems necessary or proper or as the
Company may reasonably require by written request to the Depositary consistent with its obligations
under the Deposit Agreement. Subject to Article (23) hereof and the terms of the Deposit Agreement,
the Depositary and the Registrar, as applicable, may withhold the delivery or registration of
transfer of any Receipt or the distribution or sale of any dividend or other distribution of rights
or of the proceeds thereof or the delivery of any Deposited Securities until such proof or other
information is filed, or such certifications are executed, or such representations and warranties
made, or such information and documentation are provided.

(9) Charges of Depositary. The Depositary reserves the right to charge the following fees
for the services performed under the terms of the Deposit Agreement, provided, however, that no
fees shall be payable upon distribution of cash dividends so long as the charging of such fee is
prohibited by the exchange, if any, upon which the ADSs are listed:

	 	 	 	(i) to any person to whom ADSs are issued or to any person to whom a distribution is made
in respect of ADS distributions pursuant to stock dividends or other free distributions of
stock, bonus distributions, stock splits or other distributions (except where converted to
cash), a fee of up to U.S.$0.05 per ADS so issued under the terms of the Deposit Agreement
to be determined by the Depositary;
	 
	 	 	 	(ii) to any person surrendering ADSs for cancellation and withdrawal of Deposited
Securities including, inter alia, cash distributions made pursuant to a cancellation or
withdrawal, a fee of up to U.S.$0.05 per ADS so surrendered;
	 
	 	 	 	(iii) to any Holder of ADSs, a fee of up to U.S.$0.05 per ADS held for the distribution of
cash proceeds, including cash dividends or sale of rights and other entitlements, not made
pursuant to a cancellation or withdrawal;
	 
	 	 	 	(iv) to any holder of ADSs, a fee of up to U.S.$0.05 per ADS issued upon the exercise of
rights; and
	 
	 	 	 	(v) for the operation and maintenance costs in administering the ADSs an annual fee of up
to U.S.$0.05 per ADS, such fee to be assessed against Holders of record as of the date or
dates set by the Depositary as it sees fit and collected at the sole discretion of the
Depositary by billing such Holders for such fee or by deducting such fee from one or more
cash dividends or other cash distributions.

In addition, Holders, Beneficial Owners, any depositor depositing Shares for deposit and any person
surrendering ADSs for cancellation and withdrawal of Deposited Securities will be required to pay
the following charges:

	 	 	 	(i) taxes (including applicable interest and penalties) and other governmental charges;

45

 

	 	 	 	(ii) such registration fees as may from time to time be in effect for the registration of
Shares or other Deposited Securities with the Foreign Registrar and applicable to transfers
of Shares or other Deposited Securities to or from the name of the Custodian, the
Depositary or any nominees upon the making of deposits and withdrawals, respectively;
	 
	 	 	 	(iii) such cable, telex, facsimile and electronic transmission and delivery expenses as are
expressly provided in the Deposit Agreement to be at the expense of the depositor
depositing or person withdrawing Shares or Holders and Beneficial Owners of ADSs;
	 
	 	 	 	(iv) the expenses and charges incurred by the Depositary in the conversion of Foreign
Currency;
	 
	 	 	 	(v) such fees and expenses as are incurred by the Depositary in connection with compliance
with exchange control regulations and other regulatory requirements applicable to Shares,
Deposited Securities, ADSs and ADRs;
	 
	 	 	 	(vi) the fees and expenses incurred by the Depositary in connection with the delivery of
Deposited Securities, including any fees of a central depository for securities in the
local market, where applicable;
	 
	 	 	 	(vii) any additional fees, charges, costs or expenses that may be incurred by the
Depositary from time to time.

Any other fees and charges of, and expenses incurred by, the Depositary or the Custodian under the
Deposit Agreement shall be for the account of the Company unless otherwise agreed in writing
between the Company and the Depositary from time to time. All fees and charges may, at any time
and from time to time, be changed by agreement between the Depositary and Company but, in the case
of fees and charges payable by Holders or Beneficial Owners, only in the manner contemplated by
Article (21) hereof.

(10) Title to Receipts. It is a condition of this Receipt, and every successive Holder of
this Receipt by accepting or holding the same consents and agrees, that title to this Receipt (and
to each ADS evidenced hereby) is transferable by delivery of the Receipt, provided it has been
properly endorsed or accompanied by proper instruments of transfer, such Receipt being a
certificated security under the laws of the State of New York. Notwithstanding any notice to the
contrary, the Depositary may deem and treat the Holder of this Receipt (that is, the person in
whose name this Receipt is registered on the books of the Depositary) as the absolute owner hereof
for all purposes. The Depositary shall have no obligation or be subject to any liability under the
Deposit Agreement or this Receipt to any holder of this Receipt or any Beneficial Owner unless such
holder is the Holder of this Receipt registered on the books of the Depositary or, in the case of a
Beneficial Owner, such Beneficial Owner or the Beneficial Owner’s representative is the Holder
registered on the books of the Depositary.

(11) Validity of Receipt. This Receipt shall not be entitled to any benefits under the
Deposit Agreement or be valid or enforceable for any purpose, unless this Receipt has been (i)
dated, (ii) signed by the manual or facsimile signature of a duly authorized signatory of the
Depositary, (iii) if a Registrar for the Receipts shall have been appointed, countersigned by the
manual or facsimile signature of a duly authorized signatory of the Registrar and (iv) registered
in the books maintained by the Depositary or the Registrar, as applicable, for

46

 

the issuance and transfer of Receipts. Receipts bearing the facsimile signature of a duly-authorized signatory of
the Depositary or the Registrar, who at the time of signature was a duly-authorized signatory of
the Depositary or the Registrar, as the case may be, shall bind the Depositary, notwithstanding the
fact that such signatory has ceased to be so authorized prior to the execution and delivery of such
Receipt by the Depositary or did not hold such office on the date of issuance of such Receipts.

(12) Available Information; Reports; Inspection of Transfer Books. The Company is subject
to the periodic reporting requirements of the Exchange Act applicable to foreign private issuers
(as defined in Rule 405 of the Securities Act) and accordingly files certain information with the
Commission. These reports and documents can be inspected and copied at the public reference
facilities maintained by the Commission located at 100 F Street, N.E., Washington D.C. 20549,
U.S.A. The Depositary shall make available during normal business hours on any Business Day for inspection by Holders at its Corporate Trust
Office any reports and communications, including any proxy soliciting materials, received from the
Company which are both (a) received by the Depositary, the Custodian, or the nominee of either of
them as the holder of the Deposited Securities and (b) made generally available to the holders of
such Deposited Securities by the Company.

The Depositary or the Registrar, as applicable, shall keep books for the registration of Receipts
and transfers of Receipts which at all reasonable times shall be open for inspection by the Company
and by the Holders of such Receipts, provided that such inspection shall not be, to the
Depositary’s or the Registrar’s knowledge, for the purpose of communicating with Holders of such
Receipts in the interest of a business or object other than the business of the Company or other
than a matter related to the Deposit Agreement or the Receipts.

The Depositary or the Registrar, as applicable, may close the transfer books with respect to the
Receipts, at any time or from time to time, when deemed necessary or advisable by it in good faith
in connection with the performance of its duties hereunder, or at the reasonable written request of
the Company subject, in all cases, to Article (23) hereof.

	 	 	 	 	 	 
	Dated:	 	DEUTSCHE BANK TRUST	 
	 	 	COMPANY AMERICAS, as Depositary	 
	 
	 	 	 	 	 
	 
	 	By:	 	 	 
	 
	 	 	 	 	 
	 
	 	 	 	 	 
	 
	 	By:	 	 	 
	 
	 	 	 	 	 

The address of the Corporate Trust Office of the Depositary is 60 Wall Street, New York, New York
10005, U.S.A.

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EXHIBIT
B

[FORM OF REVERSE OF RECEIPT]

SUMMARY OF CERTAIN ADDITIONAL PROVISIONS

OF THE DEPOSIT AGREEMENT

(13) Dividends and Distributions in Cash, Shares, etc. Whenever the Depositary receives
confirmation from the Custodian of receipt of any cash dividend or other cash distribution on any
Deposited Securities, or receives proceeds from the sale of any Shares, rights securities or other
entitlements under the Deposit Agreement, the Depositary will, if at the time of receipt thereof
any amounts received in a Foreign Currency can, in the judgment of the Depositary (upon the terms
of the Deposit Agreement), be converted on a practicable basis, into Dollars transferable to the
United States, promptly convert or cause to be converted such dividend, distribution or proceeds
into Dollars and will distribute promptly the amount thus received (net of applicable fees and
charges of, and expenses incurred by, the Depositary and taxes and/or governmental charges) to the
Holders of record as of the ADS Record Date in proportion to the number of ADS representing such
Deposited Securities held by such Holders respectively as of the ADS Record Date. The Depositary
shall distribute only such amount, however, as can be distributed without attributing to any Holder
a fraction of one cent. Any such fractional amounts shall be rounded to the nearest whole cent and
so distributed to Holders entitled thereto. If the Company, the Custodian or the Depositary is
required to withhold and does withhold from any cash dividend or other cash distribution in respect
of any Deposited Securities an amount on account of taxes, duties or other governmental charges,
the amount distributed to Holders on the ADSs representing such Deposited Securities shall be
reduced accordingly. Such withheld amounts shall be forwarded by the Company, the Custodian or the
Depositary to the relevant governmental authority. Any Foreign Currency received by the Depositary
shall be converted upon the terms and conditions set forth in the Deposit Agreement.

If any distribution upon any Deposited Securities consists of a dividend in, or free distribution
of, Shares, the Company shall cause such Shares to be deposited with the Custodian and registered,
as the case may be, in the name of the Depositary, the Custodian or their nominees. Upon receipt
of confirmation of such deposit, the Depositary shall, subject to and in accordance with the
Deposit Agreement, establish the ADS Record Date and either (i) distribute to the Holders as of the
ADS Record Date in proportion to the number of ADSs held as of the ADS Record Date, additional
ADSs, which represent in aggregate the number of Shares received as such dividend, or free
distribution, subject to the terms of the Deposit Agreement (including, without limitation, the
applicable fees and charges of, and expenses incurred by, the Depositary, and taxes and/or
governmental charges), or (ii) if additional ADSs are not so distributed, each ADS issued and
outstanding after the ADS Record Date shall, to the extent permissible by law, thenceforth also
represent rights and interests in the additional Shares distributed upon the Deposited Securities
represented thereby (net of the applicable fees and charges of, and the expenses incurred by, the
Depositary, and taxes and/or governmental charges). In lieu of delivering fractional ADSs, the
Depositary shall sell the number of Shares represented by the aggregate of such fractions and
distribute the proceeds upon the terms set forth in the Deposit Agreement.

In the event that (x) the Depositary determines that any distribution in property (including
Shares) is subject to any tax or other governmental charges which the Depositary is obligated to
withhold, or, (y) if the Company, in the fulfillment of its obligations under the Deposit
Agreement, has either (a) furnished an opinion of U.S. counsel determining that Shares must

48

 

be registered under the Securities Act or other laws in order to be distributed to Holders (and no
such registration statement has been declared effective), or (b) fails to timely deliver the
documentation contemplated in the Deposit Agreement, the Depositary may dispose of all or a portion
of such property (including Shares and rights to subscribe therefor) in such amounts and in such
manner, including by public or private sale, as the Depositary deems necessary and practicable, and
the Depositary shall distribute the net proceeds of any such sale (after deduction of taxes and/or
governmental charges, and fees and charges of, and expenses incurred by, the Depositary) to Holders
entitled thereto upon the terms of the Deposit Agreement. The Depositary shall hold and/or
distribute any unsold balance of such property in accordance with the provisions of the Deposit
Agreement.

Upon timely receipt of a notice indicating that the Company wishes an elective distribution to be
made available to Holders upon the terms described in the Deposit Agreement, the Depositary shall,
upon provision of all documentation required under the Deposit Agreement, (including, without
limitation, any legal opinions the Depositary may request under the Deposit Agreement) determine
whether such distribution is lawful and reasonably practicable. If so, the Depositary shall,
subject to the terms and conditions of the Deposit Agreement, establish an ADS Record Date
according to Article (14) hereof and establish procedures to enable the Holder hereof to elect to
receive the proposed distribution in cash or in additional ADSs. If a Holder elects to receive the
distribution in cash, the dividend shall be distributed as in the case of a distribution in cash.
If the Holder hereof elects to receive the distribution in additional ADSs, the distribution shall
be distributed as in the case of a distribution in Shares upon the terms described in the Deposit
Agreement. If such elective distribution is not lawful or reasonably practicable or if the
Depositary did not receive satisfactory documentation set forth in the Deposit Agreement, the
Depositary shall, to the extent permitted by law, distribute to Holders, on the basis of the same
determination as is made in the Cayman Islands, in respect of the Shares for which no election is
made, either (x) cash or (y) additional ADSs representing such additional Shares, in each case,
upon the terms described in the Deposit Agreement. Nothing herein shall obligate the Depositary to
make available to the Holder hereof a method to receive the elective distribution in Shares (rather
than ADSs). There can be no assurance that the Holder hereof will be given the opportunity to
receive elective distributions on the same terms and conditions as the holders of Shares.

Upon receipt by the Depositary of a notice indicating that the Company wishes rights to subscribe
for additional Shares to be made available to Holders of ADSs, the Company shall determine whether
it is lawful and reasonably practicable to make such rights available to the Holders. The
Depositary shall make such rights available to any Holders only if the Company shall have timely
requested that such rights be made available to Holders, the Depositary shall have received the
documentation required by the Deposit Agreement, and the Depositary shall have determined that such
distribution of rights is lawful and reasonably practicable. If such conditions are not satisfied,
the Depositary shall sell the rights as described below. In the event all conditions set forth
above are satisfied, the Depositary shall establish an ADS Record Date and establish procedures (x)
to distribute such rights (by means of warrants or otherwise) and (y) to enable the Holders to
exercise the rights (upon payment of the applicable fees and charges of, and expenses incurred by,
the Depositary and taxes and/or governmental charges). Nothing herein or in the Deposit Agreement
shall obligate the Depositary to make available to the Holders a method to exercise such rights to
subscribe for Shares (rather than ADSs). If (i) the
Company does not timely request the Depositary to make the rights available to Holders or if the
Company requests that the rights

49

 

not be made available to Holders, (ii) the Depositary fails to
receive the documentation required by the Deposit Agreement or determines it is not lawful or
reasonably practicable to make the rights available to Holders, or (iii) any rights made available
are not exercised and appear to be about to lapse, the Depositary shall determine whether it is
lawful and reasonably practicable to sell such rights, in a riskless principal capacity or
otherwise, at such place and upon such terms (including public and/or private sale) as it may deem
proper. The Depositary shall, upon such sale, convert and distribute proceeds of such sale (net of
applicable fees and charges of, and expenses incurred by, the Depositary and taxes and/or
governmental charges) upon the terms hereof and in the Deposit Agreement. If the Depositary is
unable to make any rights available to Holders or to arrange for the sale of the rights upon the
terms described above, the Depositary shall allow such rights to lapse. The Depositary shall not
be responsible for (i) any failure to determine that it may be lawful or practicable to make such
rights available to Holders in general or any Holders in particular, (ii) any foreign exchange
exposure or loss incurred in connection with such sale, or exercise, or (iii) the content of any
materials forwarded to the Holders on behalf of the Company in connection with the rights
distribution.

Notwithstanding anything herein to the contrary, if registration (under the Securities Act and/or
any other applicable law) of the rights or the securities to which any rights relate may be
required in order for the Company to offer such rights or such securities to Holders and to sell
the securities represented by such rights, the Depositary will not distribute such rights to the
Holders (i) unless and until a registration statement under the Securities Act covering such
offering is in effect or (ii) unless the Company furnishes to the Depositary opinion(s) of counsel
for the Company in the United States and counsel to the Company in any other applicable country in
which rights would be distributed, in each case satisfactorily to the Depositary, to the effect
that the offering and sale of such securities to Holders and Beneficial Owners are exempt from, or
do not require registration under, the provisions of the Securities Act or any other applicable
laws. In the event that the Company, the Depositary or the Custodian shall be required to withhold
and does withhold from any distribution of property (including rights) an amount on account of
taxes and/or other governmental charges, the amount distributed to the Holders shall be reduced
accordingly. In the event that the Depositary determines that any distribution in property
(including Shares and rights to subscribe therefor) is subject to any tax or other governmental
charges which the Depositary is obligated to withhold, the Depositary may dispose of all or a
portion of such property (including Shares and rights to subscribe therefor) in such amounts and in
such manner, including by public or private sale, as the Depositary deems necessary and practicable
to pay any such taxes and/or charges.

There can be no assurance that Holders generally, or any Holder in particular, will be given the
opportunity to exercise rights on the same terms and conditions as the holders of Shares or to
exercise such rights. Nothing herein shall obligate the Company to file any registration statement
in respect of any rights or Shares or other securities to be acquired upon the exercise of such
rights or otherwise to register or qualify the offer or sale of such rights or securities under the
applicable law of any other jurisdiction for any purpose.

Upon receipt of a notice regarding property other than cash, Shares or rights to purchase
additional Shares, to be made to Holders of ADSs, the Depositary shall determine, after
consultation with the Company, whether such distribution to Holders is lawful and reasonably
practicable. The Depositary shall not make such distribution unless (i) the Company shall have
timely requested the Depositary to make such distribution to Holders,

50

 

(ii) the Depositary shall
have received the documentation required by the Deposit Agreement, and (iii) the Depositary shall
have determined that such distribution is lawful and reasonably practicable. Upon satisfaction of
such conditions, the Depositary shall distribute the property so received to the Holders of record
as of the ADS Record Date, in proportion to the number of ADSs held by such Holders respectively
and in such manner as the Depositary may deem practicable for accomplishing such distribution (i)
upon receipt of payment or net of the applicable fees and charges of, and expenses incurred by, the
Depositary, and (ii) net of any taxes and/or governmental charges. The Depositary may dispose of
all or a portion of the property so distributed and deposited, in such amounts and in such manner
(including public or private sale) as the Depositary may deem practicable or necessary to satisfy
any taxes (including applicable interest and penalties) or other governmental charges applicable to
the distribution.

If the conditions above are not satisfied, the Depositary shall sell or cause such property to be
sold in a public or private sale, at such place or places and upon such terms as it may deem proper
and shall distribute the proceeds of such sale received by the Depositary (net of (a) applicable
fees and charges of, and expenses incurred by, the Depositary and (b) taxes and/or governmental
charges) to the Holders upon the terms hereof and of the Deposit Agreement. If the Depositary is
unable to sell such property, the Depositary may dispose of such property in any way it deems
reasonably practicable under the circumstances.

(14) Fixing of Record Date. Whenever necessary in connection with any distribution
(whether in cash, shares, rights or other distribution), or whenever for any reason the Depositary
causes a change in the number of Shares that are represented by each ADS, or whenever the
Depositary shall receive notice of any meeting of or solicitation of holders of Shares or other
Deposited Securities, or whenever the Depositary shall find it necessary or convenient in
connection with the giving of any notice, or any other matter, the Depositary shall fix a record
date (“ADS Record Date”), as close as practicable to the record date fixed by the Company with
respect to the Shares (if applicable), for the determination of the Holders who shall be entitled
to receive such distribution, to give instructions for the exercise of voting rights at any such
meeting, or to give or withhold such consent, or to receive such notice or solicitation or to
otherwise take action, or to exercise the rights of Holders with respect to such changed number of
Shares represented by each ADS or for any other reason. Subject to applicable law and the terms and
conditions of this Receipt and the Deposit Agreement, only the Holders of record at the close of
business in New York on such ADS Record Date shall be entitled to receive such distributions, to
give such voting instructions, to receive such notice or solicitation, or otherwise take action.

(15) Voting of Deposited Securities. Subject to the next sentence, as soon as practicable
after receipt of notice of any meeting at which the holders of Shares or other Deposited Securities
are entitled to vote, or of solicitation of consents or proxies from holders of Shares or other
Deposited Securities, the Depositary shall fix the ADS Record Date in respect of such meeting or
solicitation of consent or proxy. The Depositary shall, if requested by the Company in writing in a
timely manner (the Depositary having no obligation to take any further action if the request shall
not have been received by the Depositary at least 30 Business Days prior to the date of such
vote or meeting) and at the Company’s expense and provided no U.S. legal prohibitions exist, mail
by regular, ordinary mail delivery, or by electronic transmission, or otherwise distribute as soon
as practicable after receipt thereof to Holders as of the ADS Record Date: (a) such notice of
meeting or solicitation of consent or proxy; (b) a statement that the Holders at the close of
business on the ADS Record Date will

51

 

be entitled, subject to any applicable law, the Memorandum and
Articles of Association and the provisions of or governing the Deposited Securities (which
provisions, if any, shall be summarized in pertinent part by the Company), to instruct the
Depositary as to the exercise of the voting rights, if any, pertaining to the Shares or other
Deposited Securities represented by such Holder’s American Depositary Shares; and (c) a brief
statement as to the manner in which such instructions may be given to the Depositary or in which
voting instructions may be deemed to have been given in accordance with Section 4.8 of the Deposit
Agreement, including an express indication that instructions may be given (or deemed to have been
given in accordance with the immediately following paragraph of this section) to the Depositary to
give a discretionary proxy to a person or persons designated by the Company. Voting instructions
may be given only in respect of a number of American Depositary Shares representing an integral
number of Shares or other Deposited Securities. Upon the timely receipt from a Holder of American
Depositary Shares on the ADS Record Date of written voting instructions in the manner specified by
the Depositary, the Depositary shall endeavor, insofar as practicable and permitted under
applicable law, the provisions of this Deposit Agreement, the Memorandum and Articles of
Association and the provisions of or governing the Deposited Securities, to vote or cause the
Custodian to vote the Shares and/or other Deposited Securities (in person or by proxy) represented
by American Depositary Shares evidenced by such Receipt in accordance with such voting
instructions.

In the event that the (i) Depositary timely receives voting instructions from a Holder which fail
to specify the manner in which the Depositary is to vote the Deposited Securities represented by
such Holder’s ADSs or (ii) no timely instructions are received by the Depositary from a Holder with
respect to any of the Deposited Securities represented by the ADSs held by such Holder on the ADS
Record Date, the Depositary shall (unless otherwise specified in the notice distributed to Holders)
deem such Holder to have instructed the Depositary to give a discretionary proxy to a person
designated by the Company with respect to such Deposited Securities and the Depositary shall give a
discretionary proxy to a person designated by the Company to vote such Deposited Securities,
provided, however, that no such instruction shall be deemed to have been given and no such
discretionary proxy shall be given with respect to any matter as to which the Company informs the
Depositary (and the Company agrees to provide such information as promptly as practicable in
writing, if applicable) that (x) the Company does not wish to give such proxy, (y) the Company is
aware or should reasonably be aware that substantial opposition exists from Holders against the
outcome for which the person designated by the Company would otherwise vote or (z) the outcome for
which the person designated by the Company would otherwise vote would materially and adversely
affect the rights of holders of Shares, provided, further, that the Company will have no liability
to any Holder or Beneficial Owner resulting from such notification.

In the event that voting on any resolution or matter is conducted on a show of hands basis in
accordance with the Memorandum and Articles of Association, the Depositary will refrain from voting
and the voting instructions (or the deemed voting instructions, as set out above) received by the
Depositary from Holders shall lapse. The Depositary will have no obligation to demand
voting on a poll basis with respect to any resolution and shall have no liability to any Holder or
Beneficial Owner for not having demanded voting on a poll basis.

Neither the Depositary nor the Custodian shall, under any circumstances exercise any discretion as
to voting, and neither the Depositary nor the Custodian shall vote, attempt to exercise the right
to vote, or in any way make use of for purposes of establishing a quorum or

52

 

otherwise, the Shares
or other Deposited Securities represented by ADSs except pursuant to and in accordance with such
written instructions from Holders, including the deemed instruction to the Depositary to give a
discretionary proxy to a person designated by the Company. Shares or other Deposited Securities
represented by ADSs for which (i) no timely voting instructions are received by the Depositary from
the Holder, or (ii) timely voting instructions are received by the Depositary from the Holder but
such voting instructions fail to specify the manner in which the Depositary is to vote the
Deposited Securities represented by such Holder’s ADSs, shall be voted in the manner provided in
Section 4.8 of the Deposit Agreement. Notwithstanding anything else contained herein, and subject
to applicable law, regulation and the Memorandum and Articles of Association, the Depositary shall,
if so requested in writing by the Company, represent all Deposited Securities (whether or not
voting instructions have been received in respect of such Deposited Securities from Holders as of
the ADS Record Date) for the purpose of establishing quorum at a meeting of shareholders.

There can be no assurance that Holders or Beneficial Owners generally or any Holder or Beneficial
Owner in particular will receive the notice described above with sufficient time to enable the
Holder to return voting instructions to the Depositary in a timely manner.

Notwithstanding the above, save for applicable provisions of the law of the Cayman Islands, and in
accordance with the terms of Section 5.3 of the Deposit Agreement, the Depositary shall not be
liable for any failure to carry out any instructions to vote any of the Deposited Securities or the
manner in which such vote is cast or the effect of such vote.

(16) Changes Affecting Deposited Securities. Upon any change in par value, split-up,
subdivision, cancellation, consolidation or any other reclassification of Deposited Securities, or
upon any recapitalization, reorganization, merger, amalgamation or consolidation or sale of assets
affecting the Company or to which it otherwise is a party, any securities which shall be received
by the Depositary or a Custodian in exchange for, or in conversion of or replacement or otherwise
in respect of, such Deposited Securities shall, to the extent permitted by law, be treated as new
Deposited Securities under the Deposit Agreement, and the Receipts shall, subject to the provisions
of the Deposit Agreement and applicable law, evidence ADSs representing the right to receive such
additional securities. Alternatively, the Depositary may, with the Company’s approval, and shall,
if the Company shall so request, subject to the terms of the Deposit Agreement and receipt of
satisfactory documentation contemplated by the Deposit Agreement, execute and deliver additional
Receipts as in the case of a stock dividend on the Shares, or call for the surrender of outstanding
Receipts to be exchanged for new Receipts, in either case, as well as in the event of newly
deposited Shares, with necessary modifications to this form of Receipt specifically describing such
new Deposited Securities and/or corporate change. Notwithstanding the foregoing, in the event that
any security so received may not be lawfully distributed to some or all Holders, the Depositary
may, with the Company’s approval, and shall if the Company requests, subject to receipt of
satisfactory legal documentation contemplated in
the Deposit Agreement, sell such securities at public or private sale, at such place or places and
upon such terms as it may deem proper and may allocate the net proceeds of such sales (net of fees
and charges of, and expenses incurred by, the Depositary and taxes and/or governmental charges) for
the account of the Holders otherwise entitled to such securities and distribute the net proceeds so
allocated to the extent practicable as in the case of a distribution received in cash pursuant to
the Deposit Agreement. The Depositary shall not be responsible for (i) any failure to determine
that it may be lawful or feasible to make such securities available to Holders in

53

 

general or any
Holder in particular, (ii) any foreign exchange exposure or loss incurred in connection with such
sale, or (iii) any liability to the purchaser of such securities.

(17) Redemption and Repurchase. If the Company intends to exercise any right of redemption
or repurchase in respect of any of the Deposited Shares, the Company shall give timely notice
thereof to the Depositary which shall set forth the particulars of the proposed redemption or
repurchase. Upon timely receipt of (i) such notice and (ii) satisfactory documentation given by the
Company to the Depositary as may be required by the Depositary, (iii) the provision by the Company
to the Depositary of a legal opinion (at the expense of the Company) reasonably satisfactory to the
Depositary that such redemption or repurchase is allowed under applicable law and only if the
Depositary shall have determined that such proposed redemption or repurchase is practicable, the
Depositary shall provide to each Holder a notice setting forth the intended exercise by the Company
of the redemption or repurchase rights and any other particulars set forth in the Company’s notice
to the Depositary. The Depositary shall instruct the Custodian to present to the Company the
Deposited Shares in respect of which redemption or repurchase rights are being exercised against
payment of the applicable redemption or repurchase price. Upon receipt of confirmation from the
Custodian that the redemption or repurchase has taken place and that funds representing the
redemption or repurchase price have been received, the Depositary shall convert, transfer, and
distribute the proceeds (net of applicable (a) fees and charges of, and expenses incurred by, the
Depositary, and (b) taxes), retire GDRs and cancel Certificates, if applicable, upon delivery of
such GDRs by Holders thereof and the terms set forth in Section 4.1 and Section 6.2 of the Deposit
Agreement. If less than all outstanding Deposited Shares are redeemed or repurchased, the GDRs to
be retired will be selected by lot or on a pro rata basis, as may be determined by the Depositary.
The redemption or repurchase price per GDR shall be the dollar equivalent of the per share amount
received by the Depositary (adjusted to reflect the GDR(s)-to-Share(s) ratio) upon the redemption
or repurchase of the Deposited Shares represented by GDRs (subject to the terms of Section 4.6 of
the Deposit Agreement) and the applicable fees and charges of, and expenses incurred by, the
Depositary, and taxes) multiplied by the number of Deposited Shares represented by each GDR
redeemed or repurchased.

(18) Exoneration. Neither the Depositary, the Custodian or the Company shall be obligated
to do or perform any act which is inconsistent with the provisions of the Deposit Agreement or
shall incur any liability (i) if the Depositary, the Custodian or the Company or their respective
controlling persons or agents shall be prevented or forbidden from, or subjected to any civil or
criminal penalty or restraint on account of, or delayed in, doing or performing any act or thing
required by the terms of the Deposit Agreement and this Receipt, by reason of any provision of any
present or future law or regulation of the United States, the Cayman Islands or any other country,
or of any other governmental authority or regulatory authority or stock exchange, or by reason of
any provision, present or future of the Memorandum and Articles of Association or any
provision of or governing any Deposited Securities, or by reason of any act of God or war or other
circumstances beyond its control, (including, without limitation, nationalization, expropriation,
currency restrictions, work stoppage, strikes, civil unrest, revolutions, rebellions, explosions
and computer failure), (ii) by reason of any exercise of, or failure to exercise, any discretion
provided for in the Deposit Agreement or in the Memorandum and Articles of Association or
provisions of or governing Deposited Securities, (iii) for any action or inaction of the
Depositary, the Custodian or the Company or their respective controlling persons or agents in
reliance upon the advice of or information from legal counsel, accountants, any person presenting
Shares

54

 

for deposit, any Holder, any Beneficial Owner or authorized representative thereof, or any
other person believed by it in good faith to be competent to give such advice or information, (iv)
for any inability by a Holder or Beneficial Owner to benefit from any distribution, offering, right
or other benefit which is made available to holders of Deposited Securities but is not, under the
terms of the Deposit Agreement, made available to Holders of ADS or (v) for any consequential or
punitive damages for any breach of the terms of the Deposit Agreement. The Depositary, its
controlling persons, its agents, any Custodian and the Company, its controlling persons and its
agents may rely and shall be protected in acting upon any written notice, request, opinion or other
document believed by it to be genuine and to have been signed or presented by the proper party or
parties. No disclaimer of liability under the Securities Act is intended by any provision of the
Deposit Agreement.

(19) Standard of Care. The Company and the Depositary and their respective directors,
officers, affiliates, employees and agents assume no obligation and shall not be subject to any
liability under the Deposit Agreement or the Receipts to Holders or Beneficial Owners or other
persons, except in accordance with Section 5.8 of the Deposit Agreement, provided, that the Company
and the Depositary and their respective directors, officers, affiliates, employees and agents agree
to perform their respective obligations specifically set forth in the Deposit Agreement without
gross negligence or bad faith. The Depositary and its directors, officers, affiliates, employees
and agents shall not be liable for any failure to carry out any instructions to vote any of the
Deposited Securities, or for the manner in which any vote is cast or the effect of any vote,
provided that any such action or omission is in good faith and in accordance with the terms of the
Deposit Agreement. The Depositary shall not incur any liability for any failure to determine that
any distribution or action may be lawful or reasonably practicable, for the content of any
information submitted to it by the Company for distribution to the Holders or for any inaccuracy of
any translation thereof, for any investment risk associated with acquiring an interest in the
Deposited Securities, for the validity or worth of the Deposited Securities or for any tax
consequences that may result from the ownership of ADSs, Shares or Deposited Securities, for the
credit-worthiness of any third party, for allowing any rights to lapse upon the terms of the
Deposit Agreement or for the failure or timeliness of any notice from the Company. In no event
shall the Depositary or any of its Agents be liable for any indirect, special, punitive or
consequential damage.

(20) Resignation and Removal of the Depositary; Appointment of Successor Depositary. The
Depositary may at any time resign as Depositary under the Deposit Agreement by written notice of
resignation delivered to the Company, such resignation to be effective on the earlier of (i) the
90th day after delivery thereof to the Company, or (ii) upon the appointment of a successor
depositary and its acceptance of such appointment as provided in the Deposit Agreement, save that,
any amounts, fees, costs or expenses owed to the Depositary under the Deposit Agreement
or in accordance with any other agreements otherwise agreed in writing between the Company and the
Depositary from time to time shall be paid to the Depositary prior to such resignation. The Company
shall use reasonable efforts to appoint such successor depositary, and give notice to the
Depositary of such appointment, not more than 90 days after delivery by the Depositary of written
notice of resignation as provided in the Deposit Agreement. The Depositary may at any time be
removed by the Company by written notice of such removal which notice shall be effective on the
later of (i) the 90th day after delivery thereof to the Depositary, or (ii) upon the appointment of
a successor depositary and its acceptance of such appointment as provided in the Deposit Agreement
save that, any amounts, fees, costs or expenses owed to the Depositary under the Deposit Agreement
or in accordance with any other agreements otherwise agreed in writing

55

 

between the Company and the
Depositary from time to time shall be paid to the Depositary prior to such removal. In case at any
time the Depositary acting hereunder shall resign or be removed, the Company shall use its best
efforts to appoint a successor depositary which shall be a bank or trust company having an office
in the Borough of Manhattan, the City of New York. Every successor depositary shall execute and
deliver to its predecessor and to the Company an instrument in writing accepting its appointment
hereunder, and thereupon such successor depositary, without any further act or deed, shall become
fully vested with all the rights, powers, duties and obligations of its predecessor. The
predecessor depositary, upon payment of all sums due it and on the written request of the Company,
shall (i) execute and deliver an instrument transferring to such successor all rights and powers of
such predecessor hereunder (other than as contemplated in the Deposit Agreement), (ii) duly assign,
transfer and deliver all right, title and interest to the Deposited Securities to such successor,
and (iii) deliver to such successor a list of the Holders of all outstanding Receipts and such
other information relating to Receipts and Holders thereof as the successor may reasonably request.
Any such successor depositary shall promptly mail notice of its appointment to such Holders. Any
corporation into or with which the Depositary may be merged or consolidated shall be the successor
of the Depositary without the execution or filing of any document or any further act.

(21) Amendment/Supplement. Subject to the terms and conditions of this Article (21), and
applicable law, this Receipt and any provisions of the Deposit Agreement may at any time and from
time to time be amended or supplemented by written agreement between the Company and the Depositary
in any respect which they may deem necessary or desirable without the consent of the Holders or
Beneficial Owners. Any amendment or supplement which shall impose or increase any fees or charges
(other than the charges of the Depositary in connection with foreign exchange control regulations,
and taxes and/or other governmental charges, delivery and other such expenses), or which shall
otherwise materially prejudice any substantial existing right of Holders or Beneficial Owners,
shall not, however, become effective as to outstanding Receipts until 30 days after notice of such
amendment or supplement shall have been given to the Holders of outstanding Receipts. Notice of any
amendment to the Deposit Agreement or form of Receipts shall not need to describe in detail the
specific amendments effectuated thereby, and failure to describe the specific amendments in any
such notice shall not render such notice invalid, provided, however, that, in each such case, the
notice given to the Holders identifies a means for Holders and Beneficial Owners to retrieve or
receive the text of such amendment (i.e., upon retrieval from the Commission’s, the Depositary’s or
the Company’s website or upon request from the Depositary). The parties hereto agree that any
amendments or supplements which (i) are reasonably necessary (as agreed by the Company and the
Depositary) in order for (a) the ADSs to be registered on Form F-6 under the Securities Act or (b)
the ADSs or Shares to be traded
solely in electronic book-entry form and (ii) do not in either such case impose or increase any
fees or charges to be borne by Holders, shall be deemed not to materially prejudice any substantial
rights of Holders or Beneficial Owners. Every Holder and Beneficial Owner at the time any amendment
or supplement so becomes effective shall be deemed, by continuing to hold such ADS, to consent and
agree to such amendment or supplement and to be bound by the Deposit Agreement as amended or
supplemented thereby. In no event shall any amendment or supplement impair the right of the Holder
to surrender such Receipt and receive therefor the Deposited Securities represented thereby, except
in order to comply with mandatory provisions of applicable law. Notwithstanding the foregoing, if
any governmental body should adopt new laws, rules or regulations which would require amendment or
supplement of the Deposit Agreement to ensure compliance therewith, the Company and the Depositary

56

 

may amend or supplement the Deposit Agreement and the Receipt at any time in accordance with such
changed laws, rules or regulations. Such amendment or supplement to the Deposit Agreement in such
circumstances may become effective before a notice of such amendment or supplement is given to
Holders or within any other period of time as required for compliance with such laws, or rules or
regulations.

(22) Termination. The Depositary shall, at any time at the written direction of the
Company, terminate the Deposit Agreement by mailing notice of such termination to the Holders of
all Receipts then outstanding at least 90 days prior to the date fixed in such notice for such
termination provided that, the Depositary shall be reimbursed for any amounts, fees, costs or
expenses owed to it in accordance with the terms of the Deposit Agreement and in accordance with
any other agreements as otherwise agreed in writing between the Company and the Depositary from
time to time, prior to such termination shall take effect. If 90 days shall have expired after (i)
the Depositary shall have delivered to the Company a written notice of its election to resign, or
(ii) the Company shall have delivered to the Depositary a written notice of the removal of the
Depositary, and in either case a successor depositary shall not have been appointed and accepted
its appointment as provided herein and in the Deposit Agreement, the Depositary may terminate the
Deposit Agreement by mailing notice of such termination to the Holders of all Receipts then
outstanding at least 30 days prior to the date fixed for such termination. On and after the date of
termination of the Deposit Agreement, the Holder will, upon surrender of such Holder’s Receipt at
the Corporate Trust Office of the Depositary, upon the payment of the charges of the Depositary for
the surrender of Receipts referred to in Article (2) hereof and in the Deposit Agreement and
subject to the conditions and restrictions therein set forth, and upon payment of any applicable
taxes and/or governmental charges, be entitled to delivery, to him or upon his order, of the amount
of Deposited Securities represented by such Receipt. If any Receipts shall remain outstanding after
the date of termination of the Deposit Agreement, the Registrar thereafter shall discontinue the
registration of transfers of Receipts, and the Depositary shall suspend the distribution of
dividends to the Holders thereof, and shall not give any further notices or perform any further
acts under the Deposit Agreement, except that the Depositary shall continue to collect dividends
and other distributions pertaining to Deposited Securities, shall sell rights as provided in the
Deposit Agreement, and shall continue to deliver Deposited Securities, subject to the conditions
and restrictions set forth in the Deposit Agreement, together with any dividends or other
distributions received with respect thereto and the net proceeds of the sale of any rights or other
property, in exchange for Receipts surrendered to the Depositary (after deducting, or charging, as
the case may be, in each case the charges of the Depositary for the surrender of a Receipt, any
expenses for the account of the Holder in
accordance with the terms and conditions of the Deposit Agreement and any applicable taxes and/or
governmental charges or assessments). At any time after the expiration of six months from the date
of termination of the Deposit Agreement, the Depositary may sell the Deposited Securities then held
hereunder and may thereafter hold uninvested the net proceeds of any such sale, together with any
other cash then held by it hereunder, in an unsegregated account, without liability for interest
for the pro rata benefit of the Holders of Receipts whose Receipts have not theretofore been
surrendered. After making such sale, the Depositary shall be discharged from all obligations under
the Deposit Agreement with respect to the Receipts and the Shares, Deposited Securities and ADSs,
except to account for such net proceeds and other cash (after deducting, or charging, as the case
may be, in each case the charges of the Depositary for the surrender of a Receipt, any expenses for
the account of the Holder in accordance with the terms and conditions of the Deposit Agreement and
any applicable taxes and/or governmental charges or assessments) and except as set forth in the
Deposit

57

 

Agreement. Upon the termination of the Deposit Agreement, the Company shall be discharged
from all obligations under the Deposit Agreement except as set forth in the Deposit Agreement.

(23) Redemption and Repurchase. If the Company intends to exercise any right of redemption
or repurchase in respect of any of the Deposited Shares, the Company shall give timely notice
thereof to the Depositary which shall set forth the particulars of the proposed redemption or
repurchase. Upon timely receipt of (i) such notice and (ii) satisfactory documentation given by the
Company to the Depositary as may be required by the Depositary, (iii) the provision by the Company
to the Depositary of a legal opinion (at the expense of the Company) reasonably satisfactory to the
Depositary that such redemption or repurchase is allowed under applicable law and only if the
Depositary shall have determined that such proposed redemption or repurchase is practicable, the
Depositary shall provide to each Holder a notice setting forth the intended exercise by the Company
of the redemption or repurchase rights and any other particulars set forth in the Company’s notice
to the Depositary. The Depositary shall instruct the Custodian to present to the Company the
Deposited Shares in respect of which redemption or repurchase rights are being exercised against
payment of the applicable redemption or repurchase price. Upon receipt of confirmation from the
Custodian that the redemption or repurchase has taken place and that funds representing the
redemption or repurchase price have been received, the Depositary shall convert, transfer, and
distribute the proceeds (net of applicable (a) fees and charges of, and expenses incurred by, the
Depositary, and (b) taxes), retire GDRs and cancel Certificates, if applicable, upon delivery of
such GDRs by Holders thereof and the terms set forth in Section 4.1 and Section 6.2 of the Deposit
Agreement. If less than all outstanding Deposited Shares are redeemed or repurchased, the GDRs to
be retired will be selected by lot or on a pro rata basis, as may be determined by the Depositary.
The redemption or repurchase price per GDR shall be the dollar equivalent of the per share amount
received by the Depositary (adjusted to reflect the GDR(s)-to-Share(s) ratio) upon the redemption
or repurchase of the Deposited Shares represented by GDRs (subject to the terms of Section 4.6 of
the Deposit Agreement) and the applicable fees and charges of, and expenses incurred by, the
Depositary, and taxes) multiplied by the number of Deposited Shares represented by each GDR
redeemed or repurchased.

(24) Compliance with U.S. Securities Laws; Regulatory Compliance. Notwithstanding any
provisions in this Receipt or the Deposit Agreement to the contrary, the withdrawal or delivery of
Deposited Securities will not be suspended by the Company or the Depositary except as
would be permitted by Section I.A.(1) of the General Instructions to the Form F-6 Registration
Statement, as amended from time to time, under the Securities Act.

(25) Certain Rights of the Depositary; Limitations. Subject to the further terms and
provisions of this Article (24), the Depositary, its Affiliates and their agents, on their own
behalf, may own and deal in any class of securities of the Company and its Affiliates and in ADSs.
The Depositary may issue ADSs against evidence of rights to receive Shares from the Company, any
agent of the Company or any custodian, registrar, transfer agent, clearing agency or other entity
involved in ownership or transaction records in respect of the Shares. Such evidence of rights
shall consist of written blanket or specific guarantees of ownership of Shares furnished on behalf
of the holder thereof. In its capacity as Depositary, the Depositary shall not lend Shares or
ADSs; provided, however, that the Depositary may (i) issue ADSs prior to the receipt of Shares
pursuant to Section 2.3 of the Deposit Agreement and (ii) deliver Shares prior to the receipt and
cancellation of ADSs which were issued under

58

 

(i) above but for which Shares may not yet have been
received (each such transaction a “Pre-Release Transaction”). The Depositary may receive ADSs in
lieu of Shares under (i) above and receive shares in lieu of ADSs under (ii) above. Each such
Pre-Release Transaction will be (a) accompanied by or subject to a written agreement whereby the
person or entity (the “Applicant”) to whom ADSs or Shares are to be delivered (1) represents that
at the time of the Pre-Release Transaction the Applicant or its customer owns the Shares or ADSs
that are to be delivered by the Applicant under such Pre-Release Transaction, (2) agrees to
indicate the Depositary as owner of such Shares or ADSs in its records and to hold such Shares or
ADSs in trust for the Depositary until such Shares or ADSs are delivered to the Depositary or the
Custodian, (3) unconditionally guarantees to deliver to the Depositary or the Custodian, as
applicable, such Shares or ADSs and (4) agrees to any additional restrictions or requirements that
the Depositary deems appropriate, (b) at all times fully collateralized with cash, United States
government securities or such other collateral as the Depositary deems appropriate, (c) terminable
by the Depositary on not more than five business days’ notice (save for a prescribed termination
event in which case any such Pre-Release Transaction may be immediately terminable by the
Depositary) and (d) subject to such further indemnities and credit regulations as the Depositary
deems appropriate. The Depositary will normally limit the number of ADSs and Shares involved in
such Pre-Release Transactions at any one time to 30% of the ADSs outstanding (without giving effect
to ADSs outstanding pursuant to any Pre-Release Transaction under (i) above), provided,
however, that the Depositary reserves the right to change or disregard such limit from time
to time as it deems appropriate. The Depositary may also set limits with respect to the number of
ADSs and Shares involved in Pre-Release Transactions with any one person on a case by case basis as
it deems appropriate.

The Depositary may retain for its own account any compensation received by it in conjunction with
the foregoing. Collateral provided pursuant to (b) above, but not the earnings thereon, shall be
held for the benefit of the Holders (other than the Applicant).

(26) Ownership Restrictions. Owners and Beneficial Owners shall comply with any
limitations on ownership of Shares under the Memorandum and Articles of Association or applicable
Cayman Islands law as if they held the number of Shares their American Depositary Shares represent.
The Company shall inform the Owners, Beneficial Owners and the Depositary of any such ownership
restrictions in place from time to time.

(27) Waiver. EACH PARTY TO THE DEPOSIT AGREEMENT (INCLUDING, FOR AVOIDANCE OF DOUBT, EACH
HOLDER AND BENEFICIAL OWNER AND/OR HOLDER OF INTERESTS IN THE ADRs) HEREBY IRREVOCABLY WAIVES, TO
THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY
SUIT, ACTION OR PROCEEDING AGAINST THE DEPOSITARY AND/OR THE COMPANY DIRECTLY OR INDIRECTLY ARISING
OUT OF OR RELATING TO THE SHARES OR OTHER DEPOSITED SECURITIES, THE ADSs OR THE ADRs, THE DEPOSIT
AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREIN OR THEREIN, OR THE BREACH HEREOF OR THEREOF
(WHETHER BASED ON CONTRACT, TORT, COMMON LAW OR ANY OTHER THEORY).

59

 

(ASSIGNMENT AND TRANSFER SIGNATURE LINES)

FOR VALUE RECEIVED, the undersigned Holder hereby sell(s), assign(s) and transfer(s) unto
                         
               
 whose taxpayer identification number is                    
                  
    and whose address including postal zip code is                
                         , the within Receipt and all
rights thereunder, hereby irrevocably constituting and appointing                    
                     
attorney-in-fact to transfer said Receipt on the books of the Depositary with full power of
substitution in the premises.

     

	 	 	 	 	 
	Dated:
	 	 	 	Name: ________________________________________________
	 
	 	By:
Title:	 	 
	 
	 	 	 	 
	 

	 	 	 	NOTICE: The signature of the Holder to this
assignment must correspond with the name as written
upon the face of the within instrument in every
particular, without alteration or enlargement or any
change whatsoever.
	 
	 	 	 	 
	 

	 	 	 	If the endorsement be executed by an attorney,
executor, administrator, trustee or guardian, the
person executing the endorsement must give his/her
full title in such capacity and proper evidence of
authority to act in such capacity, if not on file
with the Depositary, must be forwarded with this
Receipt.

SIGNATURE GUARANTEED

 

60

 

	 	 	 	 	 	 	 	 	 
	ARTICLE I.

	 	DEFINITIONS
	 	 	1	 
	 

	 	SECTION 1.1
	 	“Affiliate\
	 	 	1	 
	 

	 	SECTION 1.2
	 	“Agent\
	 	 	1	 
	 

	 	SECTION 1.3
	 	“American Depositary Share(s)” and “ADS(s)\
	 	 	2	 
	 

	 	SECTION 1.4
	 	“Article\
	 	 	2	 
	 

	 	SECTION 1.5
	 	“Articles of Association\
	 	 	2	 
	 

	 	SECTION 1.6
	 	“ADS Record Date\
	 	 	2	 
	 

	 	SECTION 1.7
	 	“Beneficial Owner\
	 	 	2	 
	 

	 	SECTION 1.8
	 	“Business Day\
	 	 	2	 
	 

	 	SECTION 1.9
	 	“Commission\
	 	 	2	 
	 

	 	SECTION 1.10
	 	“Company\
	 	 	2	 
	 

	 	SECTION 1.11
	 	“Corporate Trust Office\
	 	 	2	 
	 

	 	SECTION 1.12
	 	“Custodian\
	 	 	2	 
	 

	 	SECTION 1.13
	 	“Deliver” and “Delivery\
	 	 	3	 
	 

	 	SECTION 1.14
	 	“Deposit Agreement\
	 	 	3	 
	 

	 	SECTION 1.15
	 	“Depositary\
	 	 	3	 
	 

	 	SECTION 1.16
	 	“Deposited Securities\
	 	 	3	 
	 

	 	SECTION 1.17
	 	“Dollars” and “$\
	 	 	3	 
	 

	 	SECTION 1.18
	 	“DRS/Profile\
	 	 	3	 
	 

	 	SECTION 1.19
	 	“DTC\
	 	 	3	 
	 

	 	SECTION 1.20
	 	“Exchange Act\
	 	 	3	 
	 

	 	SECTION 1.21
	 	“Foreign Currency\
	 	 	3	 
	 

	 	SECTION 1.22
	 	“Foreign Registrar\
	 	 	3	 
	 

	 	SECTION 1.23
	 	“Holder\
	 	 	3	 
	 

	 	SECTION 1.24
	 	“Indemnified Person” and “Indemnifying Person\
	 	 	4	 
	 

	 	SECTION 1.25
	 	“Memorandum\
	 	 	4	 
	 

	 	SECTION 1.26
	 	“Opinion of Counsel\
	 	 	4	 
	 

	 	SECTION 1.27
	 	“Pre-Release Transaction\
	 	 	4	 
	 

	 	SECTION 1.28
	 	“Receipt(s); “American Depositary Receipt(s)”;
and “ADR(s)\
	 	 	4	 
	 

	 	SECTION 1.29
	 	“Registrar\
	 	 	4	 
	 

	 	SECTION 1.30
	 	“Restricted ADRs\
	 	 	4	 
	 

	 	SECTION 1.31
	 	“Restricted ADSs\
	 	 	4	 
	 

	 	SECTION 1.32
	 	“Restricted Securities\
	 	 	4	 
	 

	 	SECTION 1.33
	 	“Restricted Shares\
	 	 	4	 
	 

	 	SECTION 1.34
	 	“Securities Act\
	 	 	5	 
	 

	 	SECTION 1.35
	 	“Shares\
	 	 	5	 
	 

	 	SECTION 1.36
	 	“United States” or “U.S.\
	 	 	5	 
	ARTICLE II.

	 	APPOINTMENT OF DEPOSITARY; FORM OF RECEIPT; DEPOSIT OF SHARES;
EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF RECEIPTS	 	 	5	 
	 

	 	SECTION 2.1
	 	Appointment of Depositary
	 	 	5	 
	 

	 	SECTION 2.2
	 	Form and Transferability of Receipts
	 	 	5	 
	 

	 	SECTION 2.3
	 	Deposits
	 	 	7	 
	 

	 	SECTION 2.4
	 	Execution and Delivery of Receipts
	 	 	8	 
	 

	 	SECTION 2.5
	 	Transfer of Receipts; Combination and Split-up of
Receipts
	 	 	9	 
	 

	 	SECTION 2.6
	 	Surrender of Receipts and Withdrawal of Deposited
Securities
	 	 	9	 

 

 

	 	 	 	 	 	 	 	 	 
	 

	 	SECTION 2.7
	 	Limitations on Execution and Delivery, Transfer, etc. of
Receipts; Suspension of Delivery, Transfer, etc.
	 	 	11	 
	 

	 	SECTION 2.8
	 	Lost Receipts, etc.
	 	 	11	 
	 

	 	SECTION 2.9
	 	Cancellation and Destruction of Surrendered Receipts;
Maintenance of Records
	 	 	11	 
	 

	 	SECTION 2.10
	 	Pre-Release
	 	 	12	 
	 

	 	SECTION 2.11
	 	Restricted ADSs
	 	 	12	 
	 

	 	SECTION 2.12
	 	Maintenance of Records
	 	 	14	 
	ARTICLE III.

	 	CERTAIN OBLIGATIONS OF HOLDERS AND BENEFICIAL OWNERS OF RECEIPTS
	 	 	14	 
	 

	 	SECTION 3.1
	 	Proofs, Certificates and Other Information
	 	 	14	 
	 

	 	SECTION 3.2
	 	Liability for Taxes and Other Charges
	 	 	14	 
	 

	 	SECTION 3.3
	 	Representations and Warranties on Deposit of Shares
	 	 	15	 
	 

	 	SECTION 3.4
	 	Compliance with Information Requests
	 	 	15	 
	ARTICLE IV

	 	THE DEPOSITED SECURITIES.
	 	 	16	 
	 

	 	SECTION 4.1
	 	Cash Distributions
	 	 	16	 
	 

	 	SECTION 4.2
	 	Distribution in Shares
	 	 	16	 
	 

	 	SECTION 4.3
	 	Elective Distributions in Cash or Shares
	 	 	17	 
	 

	 	SECTION 4.4
	 	Distribution of Rights to Purchase Shares
	 	 	18	 
	 

	 	SECTION 4.5
	 	Distributions Other Than Cash, Shares or Rights to
Purchase Shares
	 	 	19	 
	 

	 	SECTION 4.6
	 	Conversion of Foreign Currency
	 	 	20	 
	 

	 	SECTION 4.7
	 	Fixing of Record Date
	 	 	21	 
	 

	 	SECTION 4.8
	 	Voting of Deposited Securities
	 	 	21	 
	 

	 	SECTION 4.9
	 	Changes Affecting Deposited Securities
	 	 	23	 
	 

	 	SECTION 4.10
	 	Available Information
	 	 	24	 
	 

	 	SECTION 4.11
	 	Reports
	 	 	24	 
	 

	 	SECTION 4.12
	 	List of Holders
	 	 	24	 
	 

	 	SECTION 4.13
	 	Taxation; Withholding
	 	 	24	 
	 

	 	SECTION 4.14
	 	Repurchase and Redemption
	 	 	25	 
	ARTICLE V.

	 	THE DEPOSITARY, THE CUSTODIAN AND THE COMPANY
	 	 	26	 
	 

	 	SECTION 5.1
	 	Maintenance of Office and Transfer Books by the
Registrar
	 	 	26	 
	 

	 	SECTION 5.2
	 	Exoneration
	 	 	27	 
	 

	 	SECTION 5.3
	 	Standard of Care
	 	 	27	 
	 

	 	SECTION 5.4
	 	Resignation and Removal of the Depositary; Appointment of
Successor Depositary
	 	 	28	 
	 

	 	SECTION 5.5
	 	The Custodian
	 	 	29	 
	 

	 	SECTION 5.6
	 	Notices and Reports
	 	 	30	 
	 

	 	SECTION 5.7
	 	Issuance of Additional Shares, ADSs etc.
	 	 	31	 
	 

	 	SECTION 5.8
	 	Indemnification
	 	 	32	 
	 

	 	SECTION 5.9
	 	Fees and Charges of Depositary
	 	 	33	 
	 

	 	SECTION 5.10
	 	Restricted Securities Owners/Ownership Restrictions
	 	 	34	 
	ARTICLE VI.

	 	AMENDMENT AND TERMINATION
	 	 	34	 
	 

	 	SECTION 6.1
	 	Amendment/Supplement
	 	 	34	 
	 

	 	SECTION 6.2
	 	Termination
	 	 	35	 
	ARTICLE VII.

	 	MISCELLANEOUS
	 	 	36	 
	 

	 	SECTION 7.1
	 	Counterparts
	 	 	36	 

62

 

	 	 	 	 	 	 	 	 	 
	 

	 	SECTION 7.2
	 	No Third-Party Beneficiaries
	 	 	36	 
	 

	 	SECTION 7.3
	 	Severability
	 	 	36	 
	 

	 	SECTION 7.4
	 	Holders and Beneficial Owners as Parties; Binding
Effect
	 	 	37	 
	 

	 	SECTION 7.5
	 	Notices
	 	 	37	 
	 

	 	SECTION 7.6
	 	Governing Law and Jurisdiction
	 	 	37	 
	 

	 	SECTION 7.7
	 	Assignment
	 	 	39	 
	 

	 	SECTION 7.8
	 	Agents
	 	 	39	 
	 

	 	SECTION 7.9
	 	Exclusivity
	 	 	39	 
	 

	 	SECTION 7.10
	 	Compliance with U.S. Securities Laws
	 	 	39	 
	 

	 	SECTION 7.11
	 	Titles
	 	 	39	 
	EXHIBIT A

	 	 	 	 	 	 	41	 
	EXHIBIT B

	 	 	 	 	 	 	49	 

63exv4w4

Exhibit 4.4

THIRD AMENDED AND RESTATED SHAREHOLDERS AGREEMENT

          THIS THIRD AMENDED AND RESTATED SHAREHOLDERS AGREEMENT
(this “Agreement”) is made and entered into as of November 12, 2010 by and among:

	(1)	 	NETQIN MOBILE INC., an exempted limited liability company organized under the laws of the
Cayman Islands (the “Company”);

	(2)	 	RPL HOLDINGS LIMITED, an limited liability company organized under the laws of the British
Virgin Islands (the “Founders’ HoldCo”);

	(3)	 	NETQIN MOBILE (BEIJING) TECHNOLOGY CO., LTD
, a
wholly foreign-owned enterprise established under the laws of the People’s Republic of China
(the “PRC”) (the “PRC Subsidiary”);

	(4)	 	BEIJING NETQIN TECHNOLOGY CO., LTD , a PRC limited liability company (the
“Domestic Enterprise”) (the Domestic Enterprise, collectively with the Company, the Founders’
HoldCo and the PRC Subsidiary, the “Group Companies” and each, a “Group Company”);

	(5)	 	the persons listed on Exhibit A hereto (the “Founders” and each, a “Founder”);

	(6)	 	the persons listed on Exhibit B-1 hereto (the “Series A Investors” and each, a
“Series A Investor”);

	(7)	 	the persons listed on Exhibit B-2 hereto (the “Series B Investors” and each, a
“Series B Investor”);

	(8)	 	the persons listed on Exhibit B-3 hereto (the “Series C Investors” and each, a
“Series C Investor”); and

	(9)	 	the persons listed on Exhibit B-4 hereto the “Series C-1 Investors”, and collectively with
the Series A Investors, the Series B Investors, and the Series C Investors the “Investors”,
and each, an “Investor”).

RECITALS

          A. The Founders, indirectly through their respective ownership interests in the Founders’
HoldCo, are the holders of 50,352,941 Common Shares of the Company, par value US$0.0001 per share
(the “Common Shares”);

          B. Pursuant to that certain Series A Share Purchase Agreement entered into as of June 5, 2007
by and among the Company, the Founders’ HoldCo, the PRC Subsidiary, the Domestic Enterprise, the
Founders, and certain Series A Investors, as amended by an Amendment No. 1 to Preferred Shares
Purchase Agreement dated as of June 22, 2007 (the “Series A Share Purchase Agreement”), the Series
A Investors agreed to subscribe for, and the Company agreed to allot and issue to the Series A
Investors up to an aggregate of 33,250,000 Series A preferred shares of the Company, par value
US$0.0001 per share (the “Series A Shares”), subject to the terms of the Series A Share Purchase
Agreement;

 

 

          C. Pursuant to a Shareholders Agreement dated June 7, 2007 by and among the Company, the
Founders’ HoldCo, the PRC Subsidiary, the Domestic Enterprise, the Founders, and certain Series A
Investors, as amended by an Amendment No. 1 to Shareholders Agreement dated as of June 22, 2007
(the “Series A Shareholders Agreement”), the parties thereto set forth certain rights to the
holders of the Company’s Series A Shares, with respect to the other shareholders of the Company.

          D. Pursuant to that certain Series B Preferred Share Purchase Agreement entered into as of
December 15th, 2007 by and among the parties thereto (the “Series B Share Purchase
Agreement”), the Series B Investors agreed to subscribe for, and the Company agreed to allot and
issue to the Series B Investors up to an aggregate of 34,926,471 Series B preferred shares of the
Company, par value US$0.0001 per share (the “Series B Shares”), subject to the terms of the Series
B Share Purchase Agreement.

          E. Pursuant to that certain Amended and Restated Shareholders Agreement dated December
15th, 2007 by and among the Company, the Founders’ HoldCo, the PRC Subsidiary, the
Domestic Enterprise, the Founders, certain Series A Investors and the Series B Investors, (the
“Series B Shareholders Agreement”), the parties thereto set forth certain rights to the holders of
the Company’s Series A Shares and Series B Shares, with respect to the other shareholders of the
Company.

          F. Pursuant to that certain Series C Preferred Share Purchase Agreement entered into as of
April 26, 2010 by and among the parties thereto (the “Series C Share Purchase Agreement”), the
Series C Investors agreed to subscribe for, and the Company agreed to allot and issue to the
Series C Investors up to an aggregate of 29,687,500 Series C preferred shares of the Company, par
value US$0.0001 per share (the “Series C Shares”, subject to the terms of the Series C Share
Purchase Agreement.

          G. Pursuant to that certain Second Amended and Restated Shareholders Agreement dated April
26th, 2010 by and among the Company, the Founders’ HoldCo, the PRC Subsidiary, the
Domestic Enterprise, the Founders, certain Series A Investors, the Series B Investors and the
Series C Investors (the “Series C Shareholders Agreement”), the parties thereto set forth certain
rights to the holders of the Company’s Series A Shares, Series B Shares and Series C Shares, with
respect to the other shareholders of the Company.

          H. Pursuant to that certain Series C-1 Preferred Share Purchase Agreement entered into as of
the hereof, by and among the parties thereto (the “Series C-1 Share Purchase Agreement”), the
Series C-1 Investors agreed to subscribe for, and the Company agreed to allot and issue to the
Series C-1 Investors up to an aggregate of 16,773,301 Series C-1 preferred shares of the Company,
par value US$0.0001 per share (the “Series C-1 Shares”, together with the Series A Shares, the
Series B Shares and Series C Shares shall individually and/or collectively be referred to as the
“Preferred Shares”), subject to the terms of the Series C-1 Share Purchase Agreement.

          I. As a condition to the closing of the offer and purchase of the Series C-1
Shares pursuant to the Series C-1 Share Purchase Agreement, the parties hereto enter into this
Agreement to govern certain rights, obligations, covenants and undertakings agreed upon among the
parties.

2

 

          In consideration of the foregoing recitals, the mutual promises hereinafter set forth, and
other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereby agree as follows:

1. INFORMATION RIGHTS; BOARD REPRESENTATION.

     1.1. Information and Inspection Rights. The Company covenants and agrees that,
commencing on the date of this Agreement, for so long as any Series A Shares, Series B Shares,
Series C Shares, or Series C-1 Shares are outstanding, the Company shall deliver to each Series A
Investor, Series B Investor, Series C Investor or Series C-1 Investor, as the case may be:

               (a) audited annual consolidated financial statements, within ninety (90) days after the end of
each fiscal year, and audited by an internationally recognized accounting firm chosen by the
Company and acceptable to the Investors;

               (b) unaudited quarterly consolidated financial statements that compares actual results against
annual budget, within forty-five (45) days after the end of each fiscal quarter;

               (c) unaudited monthly consolidated financial statements that compares actual results against
annual budget, within twenty-one (21) days after the end of each month;

               (d) an annual budget within forty-five (45) days prior to the start of each fiscal year;

               (e) copies of all other documents or other information sent to any Person in such Person’s
capacity as a shareholder of the Company; and

               (f) upon the written request by such Investor, such other information as such Investor shall
reasonably request (the above rights, collectively, the “Information Rights”).

               All financial statements to be provided to the Investors pursuant to this Section 1.1
shall include an income statement, a balance sheet and a cash flow statement for the relevant
period as well as for the fiscal year to-date and shall be prepared in conformance with accounting
principles generally accepted in the United States (the “US GAAP”).

               The Company further covenants and agrees that, commencing on the date of this Agreement, for
so long as an Investor holds any Preferred Shares, such Investor shall have the right (the
“Inspection Rights”) to (i) inspect the facilities, records and books of the Company and any of
its subsidiaries (including but not limited to the PRC Subsidiary and the Domestic Enterprise) at
any time during regular working hours after notice is given to the Company and (ii) discuss the
business, operation and conditions of the Company or any of its subsidiaries with the Company’s
directors, officers, employees, accountants, legal counsels and investment bankers.

               The Information Rights and Inspection Rights shall terminate upon consummation of the a firm
commitment underwritten registered public offering by the Company of its Common Shares on the
NASDAQ National Market System in the United

3

 

States or any other exchange in any other jurisdiction (on any combination of such exchanges and
jurisdictions) acceptable to the holders of a majority of the then outstanding Series A Shares
(voting as a separate class), the holders of a majority of the then outstanding Series B Preferred
Shares (voting as a separate class) and the holders of a majority Series C Shares and Series C-1
Shares (voting together as a single class) and to the Company with aggregate offering proceeds
(before deduction of fees, commissions or expenses) to the Company and selling shareholders, if
any, of not less than US$40,000,000 (or any cash proceeds of other currency of equivalent value)
that reflects a market valuation of the Company of not less than US$200,000,000 and the price per
share of no less than US$1.00 (a “Qualified Public Offering”).

     1.2. Board Representation. The Company’s Fourth Memorandum and Articles of Association (the “Memorandum and Articles”) shall provide that the Company’s board of directors
(the “Board”) shall consist of five (5) members, which number of members shall not be changed
without an amendment to the Memorandum and Articles (for purpose of this Agreement, an “Affiliate”
shall mean (a) in relation to any individual, such individual’s spouse, parents, children,
siblings, mother-in-law and father-in-law and brothers and sisters-in-law (each, an “Immediate
Family Member”) or any entity controlled by the individual (and in the case of the Founders,
whether by himself or together with other Founders), where “control” shall mean the power to direct
the management and policies or appoint or remove members of the board of directors or other
governing body of the entity, directly or indirectly, whether through the ownership of voting
securities, contract or otherwise, and “controlled” shall be construed accordingly).

               (a) For as long as the Series A Investors, their successors in interest, or their Affiliates
hold more than 1,000,000 Series A Shares or Common Shares issued upon conversion thereof, one (1)
director shall be elected by majority vote of holders Series A Shares, (the “Series A Director”).

               (b) For as long as the Series B Investors, their successors in interest, or their Affiliates
hold more than 1,000,000 Series B Shares or Common Shares issued upon conversion thereof, one (1)
director shall be elected by majority vote of holders Series B Shares, (the “Series B Director”).

               (b) For as long as the Series C Investors and the Series C-1 Investors, their successors in
interest, or their Affiliates hold in the aggregate more than 1,000,000 Series C Shares or Series
C-1 Shares or Common Shares issued upon conversion thereof, one (1) director shall be elected by
majority vote of the Series C Shares and Series C-1 Shares (voting together as a single class),
(the “Series C Director”).

               (c) The holders of the Common Shares, voting as a separate class, shall have the right to
appoint and remove two (2) directors, one of whom shall be the Company’s then Chief Executive
Officer.

               1.3. Subsidiaries. The board of directors of each of the PRC Subsidiary and the
Domestic Enterprise shall have the same number of directors as, and the holders of Series A Shares,
Series B Shares the Series C Shares, Series C-1 Shares and Common Shares shall be entitled to
appoint the same number of directors to the PRC Subsidiary and the Domestic Enterprise as they are
entitled to appoint to the Company as provided in Section 1.2
above or otherwise as agreed upon by the parties.

4

 

               1.4. Observer Rights.

               (a) So long as a Founder continues to be actively involved in the management of the Company,
the Company shall invite a representative of such Founder to attend all meetings of its Board and
all subcommittees of the Board, in a nonvoting observer capacity and, in this respect, shall give
such representative copies of all notices, minutes, consents, and other materials that it provides
to its directors at the same time and in the same manner as provided to such directors.

               (b) So long as Fidelity Asia Ventures Fund, L.P. and Fidelity Asia Principals Fund, L.P.
(together, “Fidelity”) hold any Series B Shares in the Company, the Company shall invite a
representative of Fidelity to attend all meetings of the Board, in a nonvoting observer capacity
and, in this respect, shall give such representative copies of all notices, minutes, consents, and
other materials that it provides to its directors at the same time and in the same manner as
provided to such directors.

               (c) So long as Sequoia Capital China I, L.P., Sequoia Capital China Partners Fund I, L.P. and
Sequoia Capital China Principals Fund I, L.P. (collectively, “Sequoia”) hold any Series B Shares in
the Company, the Company shall invite a representative of Sequoia to attend all meetings of the
Board, in a nonvoting observer capacity and, in this respect, shall give such representative copies
of all notices, minutes, consents, and other materials that it provides to its directors at the
same time and in the same manner as provided to such directors.

               (d) So long as Pacific Growth Ventures, L.P. (“Pacific Growth”) holds any Series C-1 Shares in
the Company, the Company shall invite a representative of Pacific Growth to attend all meetings of
the Board, in a nonvoting observer capacity and, in this respect, shall give such representative
copies of all notices, minutes, consents, and other materials that it provides to its directors at
the same time and in the same manner as provided to such directors.

               1.5. Meetings, Committees. The Company shall hold Board meetings at least once in each
fiscal quarter after the Closing. The Company shall establish an Audit Committee and Compensation
Committee, which shall include the Series A Director, the Series B Director and the Series C
Director.

5

 

2. REGISTRATION RIGHTS.

     2.1. Applicability of Rights. The holders of Preferred Shares shall be entitled to the
following rights with respect to any potential public offering of the Company’s Common Shares in
the United States and shall be entitled to reasonably analogous or equivalent rights with respect
to any other offering of the Company’s securities in any other jurisdiction in which the Company
undertakes to publicly offer or list such securities for trading on a recognized securities
exchange.

     2.2. Definitions. For purposes of this Section 2:

               (a) Registration. The terms “register,” “registered,” and “registration” refer to a
registration effected by preparing and filing a registration statement which is in a form which
complies with, and is declared effective by the SEC (as defined below) in accordance with, the
Securities Act.

               (b) Registrable Securities. The term “Registrable Securities” shall mean: (1) any
Common Shares of the Company issued or to be issued pursuant to conversion of any Preferred Shares,
(2) any Common Shares of the Company issued (or issuable upon the conversion or exercise of any
warrant, right or other security which is issued) as a dividend or other distribution with respect
to, or in exchange for or in replacement of, any Preferred Shares described in clause (1) of this
subsection (b), and (3) any other Common Shares of the Company owned or hereafter acquired by a
holder of Preferred Shares. Notwithstanding the foregoing, “Registrable Securities” shall exclude
any Registrable Securities sold by a person in a transaction in which rights under this Section
2 are not assigned in accordance with this Agreement, and any Registrable Securities which are
sold in a registered public offering under the Securities Act or analogous statute of another
jurisdiction, or sold pursuant to Rule 144 promulgated under the Securities Act or analogous rule
of another jurisdiction.

               (c) Registrable Securities Then Outstanding. The number of shares of “Registrable
Securities then outstanding” shall mean the number of Common Shares of the Company that are
Registrable Securities and are then issued and outstanding, issuable upon conversion of Preferred
Shares then issued and outstanding or issuable upon conversion or exercise of any warrant, right
or other security then outstanding.

               (d) Holder. For purposes of this Section 2, the term “Holder” shall mean any
person owning or having the rights to acquire Registrable Securities or any permitted assignee of
record of such Registrable Securities to whom rights under this Section 2 have been duly
assigned in accordance with this Agreement.

               (e) Form F-3 and Form S-3. The terms “Form F-3” and “Form S-3” means such respective
forms under the Securities Act as is in effect on the date hereof or any successor or comparable
registration forms under the Securities Act subsequently adopted by the SEC, which permits
inclusion or incorporation of substantial information by reference to other documents filed by the
Company with the SEC.

               (f) SEC. The term “SEC” or “Commission” shall mean the U.S. Securities and Exchange
Commission.

               (g) Registration Expenses. The term “Registration Expenses” shall mean all expenses
incurred by the Company in complying with Sections 2.3, 2.4 and 2.5
hereof,

6

 

including, without limitation, all registration and filing fees, printing expenses, fees, and
disbursements of counsel for the Company, Blue Sky fees and expenses and the expense of any
special audits incident to or required by any such registration (but excluding the compensation of
regular employees of the Company which shall be paid in any event by the Company). Registration
Expenses shall also include fees and disbursements of a special audit required in connection with
a demand registration, for which Company shall be responsible for covering up to a maximum of
US$25,000 of such fees.

               (h) Selling Expenses. The term “Selling Expenses” shall mean all
underwriting discounts and selling commissions and applicable to the sale of Registrable
Securities pursuant to Sections 2.3, 2.4 and 2.5 hereof.

               (i) Exchange Act. The term “Exchange Act” shall mean the Securities
Exchange Act of 1934, as amended, and any successor statute.

               (j) For purposes of this Agreement, reference to registration of securities
under the Securities Act and the Exchange Act shall be deemed to mean the equivalent registration
in a jurisdiction other than the United States as designated by such Holders, it being understood
and agreed that in each such case all references in this Agreement to the Securities Act, the
Exchange Act and rules, forms of registration statements and registration of securities thereunder,
U.S. law and the SEC, shall be deemed to refer, to the equivalent statutes, rules, forms of
registration statements, registration of securities and laws of and equivalent government authority
in the applicable non-U.S. jurisdiction.

     2.3. Demand Registration.

               (a) Request by Holders. If the Company shall, at any time after six (6) months
following a Qualified Public Offering, receive a written request from the holders of at least
twenty percent (20%) of the Registrable Securities then outstanding that the Company file a
registration statement under the Securities Act covering the registration of at least twenty
percent (20%) of the Registrable Securities (or any lesser percentage if the anticipated gross
receipts from the offering exceed US$20,000,000), pursuant to this Section 2.3, then the
Company shall, within ten (10) business days of the receipt of such written request, give written
notice of such request (“Request Notice”) to all Holders, and use its best efforts to effect, as
soon as practicable, the registration under the Securities Act of all Registrable Securities that
the Holders request to be registered and included in such registration by written notice given by
such Holders to the Company within twenty (20) days after receipt of the Request Notice, subject
only to the limitations of this Section 2.3; provided that the Company shall not be
obligated to effect any such registration if (i) the Company has, within the six (6) month period
preceding the date of such request, already effected a registration under the Securities Act
pursuant to this Section 2.3 or Section 2.5 or in which the Holders had an
opportunity to participate pursuant to the provisions of Section 2.4, other than a
registration from which the Registrable Securities of the Holders have been excluded (with respect
to all or any portion of the Registrable Securities the Holders requested be included in such
registration) pursuant to the provisions of Section 2.4(a), or (ii) the Company delivers
notice to the Holders within thirty (30) days of the Request Notice of its intent to file an
registration statement for such initial public offering within ninety (90) days.

               (b) Underwriting. If the Holders initiating the registration request under this
Section 2.3 (the “Initiating Holders”) intend to distribute the Registrable Securities
covered by their request by means of an underwriting, then they shall so advise the Company

7

 

as a part of their request made pursuant to this Section 2.3 and the Company shall include
such information in the Request Notice. In such event, the right of any Holder to include its
Registrable Securities in such registration shall be conditioned upon such Holder’s participation
in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting
(unless otherwise mutually agreed by a majority in interest of the Initiating Holders and such
Holder) to the extent provided herein. All Holders proposing to distribute their securities
through such underwriting shall enter into an underwriting agreement in customary form with the
managing underwriter or underwriters selected for such underwriting by the Holders of a majority
of the Registrable Securities being registered and reasonably acceptable to the Company.
Notwithstanding any other provision of this Section 2.3, if the underwriter(s) advise(s)
the Company in writing that marketing factors require a limitation of the number of securities to
be underwritten, then the Company shall so advise all Holders of Registrable Securities which
would otherwise be registered and underwritten pursuant hereto, and the number of Registrable
Securities that may be included in the underwriting shall be reduced as required by the
underwriter(s) and allocated among the Holders of Registrable Securities on a pro rata basis
according to the number of Registrable Securities then outstanding held by each Holder requesting
registration (including the Initiating Holders); provided, however, that the number of shares of
Registrable Securities to be included in such underwriting and registration shall not be reduced
unless all other securities are first entirely excluded from the underwriting and registration
including, without limitation, all shares that are not Registrable Securities and are held by any
other person, including, without limitation, any person who is an employee, officer or director of
the Company or any subsidiary of the Company; provided further, that at least thirty percent (30%)
of shares of Registrable Securities requested by the Holders to be included in such underwriting
and registration shall be so included. If any Holder disapproves of the terms of any such
underwriting, such Holder may elect to withdraw therefrom by written notice to the Company and the
underwriter(s), delivered at least ten (10) business days prior to the effective date of the
registration statement. Any Registrable Securities excluded or withdrawn from such underwriting
shall be excluded and withdrawn from the registration.

               (c) Maximum Number of Demand Registrations. The Company shall not be obligated to
effect more than two (2) such demand registrations pursuant to this Section 2.3.

               (d) Deferral. Notwithstanding the foregoing, if the Company shall furnish to Holders
requesting registration pursuant to this Section 2.3, a certificate signed by the President
or Chief Executive Officer of the Company stating that in the good faith judgment of the Board, it
would be materially detrimental to the Company and its shareholders for such registration statement
to be filed at such time, then the Company shall have the right to defer such filing for a period
of not more than ninety (90) days after receipt of the request of the Initiating Holders; provided,
however, that the Company may not utilize this right more than once in any twelve (12) month
period; provided further, that the Company shall not register any other of its shares during such
twelve (12) month period. A demand right shall not be deemed to have been exercised until such
deferred registration shall have been effected.

               (e) Other Securities Laws in Demand Registration. In the event of any registration
pursuant to this Section 2.3, the Company shall register and qualify the securities
covered by the registration statement under the securities laws of any other jurisdictions outside
of the United States or in Hong Kong or elsewhere as shall be appropriate for the

8

 

distribution of the securities; provided, however, that (a) the Company shall not be required to do
business or to file a general consent to service of process in any such state or jurisdiction, and
(b) notwithstanding anything in this Agreement to the contrary, in the event any jurisdiction in
which the securities shall be qualified imposes a non-waivable requirement that expenses incurred
in connection with the qualification of the securities be borne by selling shareholders, the
expenses shall be payable pro rata by the selling shareholders.

     2.4. Piggyback Registrations.

               (a) The Company shall notify all Holders of Registrable Securities in writing at least thirty
(30) days prior to filing any registration statement under the Securities Act for purposes of
effecting a public offering of securities of the Company (including, but not limited to,
registration statements relating to secondary offerings of securities of the Company, but excluding
registration statements relating to any registration under Section 2.3or Section
2.5 of this Agreement or to any employee benefit plan or a corporate reorganization or other
Rule 145 transaction, an offer and sale of debt securities, or a registration on any registration
form that does not permit secondary sales), and shall afford each such Holder an opportunity to
include in such registration statement all or any part of the Registrable Securities then held by
such Holder. Each Holder desiring to include in any such registration statement all or any part of
the Registrable Securities held by it shall within twenty (20) days after receipt of the
above-described notice from the Company, so notify the Company in writing, and in such notice shall
inform the Company of the number of Registrable Securities such Holder wishes to include in such
registration statement. If a Holder decides not to include all of its Registrable Securities in any
registration statement thereafter filed by the Company, such Holder shall nevertheless continue to
have the right to include any Registrable Securities in any subsequent registration statement or
registration statements as may be filed by the Company with respect to offerings of its securities,
all upon the terms and conditions set forth herein.

               (b) Underwriting. If a registration statement under which the Company gives notice
under this Section 2.4 is for an underwritten offering, then the Company shall so advise
the Holders of Registrable Securities. In such event, the right of any such Holder’s Registrable
Securities to be included in a registration pursuant to this Section 2.4 shall be
conditioned upon such Holder’s participation in such underwriting and the inclusion of such
Holder’s Registrable Securities in the underwriting to the extent provided herein. All Holders
proposing to distribute their Registrable Securities through such underwriting shall enter into an
underwriting agreement in customary form with the managing underwriter or underwriters selected for
such underwriting. Notwithstanding any other provision of this Agreement but subject to Section
2.12, if the managing underwriter(s) determine(s) in good faith that marketing factors require
a limitation of the number of shares to be underwritten, then the managing underwriter(s) may
exclude shares from the registration and the underwriting, and the number of shares that may be
included in the registration and the underwriting shall be allocated, first, to the Company,
second, to each of the Holders requesting inclusion of their Registrable Securities in such
registration statement on a pro rata basis based on the total number of shares of Registrable
Securities then held by each such Holder, and third, to holders of other securities of the Company;
provided, however, that the right of the underwriter(s) to exclude shares (including Registrable
Securities) from the registration and underwriting as described above shall be restricted so that
(i) the number of Registrable Securities included in any such registration is not reduced below
thirty percent (30%) of the aggregate number of shares of Registrable Securities for which
inclusion has been requested;

9

 

and (ii) all shares that are not Registrable Securities and are held by any other person,
including, without limitation, any person who is an employee, officer or director of the Company
(or any subsidiary of the Company) shall first be excluded from such registration and underwriting
before any Registrable Securities are so excluded. If any Holder disapproves of the terms of any
such underwriting, such Holder may elect to withdraw therefrom by written notice to the Company and
the underwriter(s), delivered at least ten (10) business days prior to the effective date of the
registration statement. Any Registrable Securities excluded or withdrawn from such underwriting
shall be excluded and withdrawn from the registration.

               (c) Not
Demand Registration. Registration pursuant to this Section 2.4 shall
not be deemed to be a demand registration as described in Section 2.3 above. There shall be
no limit on the number of times the Holders may request registration of Registrable Securities
under this Section 2.4.

               (d) Consent from the Investors. No shareholder of the Company shall be granted
Piggyback Registration rights superior to those of the Investors without the prior written consent
of the holders of a majority of the Series A Shares (or Common Shares issued upon conversion of the
Series A Shares or a combination of such Common Shares and of Series A Shares) (voting as a
separate class), the holders of a majority of the Series B Shares (or Common Shares issued upon
conversion of the Series B Shares or a combination of such Common Shares and of Series B Shares)
(voting as a separate class), or the holders of a majority Series C Shares and Series C-1 Shares
(or Common Shares issued upon conversion of the Series C Shares or Series C-1 Shares or a
combination of such Common Shares and of Series C Shares or Series C-1 Shares) (voting together as
a single class).

     2.5. Form F-3 and S-3 Registration. After its initial public offering, Holders
holding twenty percent (20%) or more in voting power of the Registrable Securities (or a lesser
percent if the anticipated aggregate offering price would exceed US$2,000,000) may request the
Company in writing to effect the Registration of Registrable Securities. The Company shall use its
commercially reasonable best efforts to qualify for registration on Form F-3 or Form S-3 or any
comparable or successor form as early as possible and use commercial reasonable best efforts to
maintain such qualification thereafter. If the Company is qualified to use Form F-3 or Form S-3,
any Holder or Holders shall have a right to request in writing at any time, but not more than twice
during any twelve (12) month period, that the Company effect a registration on Form F-3 or Form S-3
(or an equivalent registration in a jurisdiction outside of the United States) and any related
qualification or compliance with respect to all or a part of the Registrable Securities owned by
such Holder or Holders, then the Company will:

               (a) Notice. Promptly give written notice of the proposed registration and the
Holder’s or Holders’ request therefor, and any related qualification or compliance, to all other
Holders of Registrable Securities; and

               (b) Registration. As soon as practicable, effect such registration and all such
qualifications and compliances as may be so requested and as would permit or facilitate the sale
and distribution of all or such portion of such Holders or Holders’ Registrable Securities as are
specified in such request, together with all or such portion of the Registrable Securities of any
other Holder or Holders joining in such request as are specified in a written request given within
twenty (20) days after the Company provides the notice contemplated by

10

 

Section 2.5(a); provided, however, that the Company shall not be obligated to effect any
such registration, qualification or compliance pursuant to this Section 2.5:

                    (1) if Form F-3 or Form S-3 is not available for such offering by the Holders;

                    (2) if the Holders, together with the holders of any other securities of the Company entitled
to inclusion in such registration, propose to sell Registrable Securities and such other securities
(if any) at an aggregate price to the public of less than US$2,000,000;

                    (3) if the Company has, within the six (6) month period preceding the date of such request,
already effected a registration under the Securities Act other than a registration from which the
Registrable Securities of Holders have been excluded (with respect to all or any portion of the
Registrable Securities the Holders requested be included in such registration) pursuant to the
provisions of Sections 2.3(b) and 2.4(b); or

                    (4) in any particular jurisdiction in which the Company would be required to qualify to do
business or to execute a general consent to service of process in effecting such registration,
qualification or compliance.

                    (5) if the Company shall furnish to Holders a certificate signed by the President or Chief
Executive Officer of the Company stating that in the good faith judgment of the Board, it would be
materially detrimental to the Company and its shareholders for such registration be filed at such
time, then the Company shall have the right to defer such filing for a period of not more than
sixty (60) days after receipt of the request of the Holders; provided, however, that the Company
may not utilize this right more than once in any twelve (12) month period; provided further, that
the Company shall not register any other of its shares during such twelve (12) month period.

               (c) Not Demand Registration. Form F-3 or Form S-3 registrations shall not be deemed to
be demand registrations as described in Section 2.3 above. Except as otherwise provided
herein, there shall be no limit on the number of times the Holders may request registration of
Registrable Securities under this Section 2.5.

               (d) Underwriting. If the Holders of Registrable Securities requesting registration
under this Section 2.5 intend to distribute the Registrable Securities covered by their
request by means of an underwriting, the provisions of Section 2.3(b) shall apply to such
registration.

     2.6. Expenses. All Registration Expenses incurred in connection with any
registration pursuant to Sections 2.3, 2.4 or 2.5 shall be borne by the
Company, except that each Holder participating in a registration pursuant to Sections 2.3
shall bear such Holder’s proportionate share (based on the total number of shares sold in such
registration other than for the account of the Company) of all Selling Expenses incurred in
connection with registrations, filings or qualifications pursuant to Section 2.3.
Notwithstanding the foregoing, the Company shall not be required to pay for any expenses of any
registration proceeding begun pursuant to Section 2.3 if the registration request is
subsequently withdrawn at the request of the Holders of a majority of the Registrable Securities to
be registered, unless the Holders of a majority of the Registrable Securities then outstanding
agree that such

11

 

registration constitutes the use by the Holders of one (1) demand registration pursuant to
Section 2.3 (in which case such registration shall also constitute the use by all Holders
of Registrable Securities of one (1) such demand registration); provided further, however, that if
at the time of such withdrawal, the Holders have learned of a material adverse change in the
condition, business, or prospects of the Company not known to the Holders at the time of their
request for such registration and have withdrawn their request for registration with reasonable
promptness after learning of such material adverse change, then the Holders shall not be required
to pay any of such expenses and such registration shall not constitute the use of a demand
registration pursuant to Section 2.3.

     2.7. Obligations of the Company. Whenever required to effect the registration of
any Registrable Securities under this Agreement the Company shall, as expeditiously as reasonably
possible:

               (a) Registration Statement. Prepare and file with the SEC a registration statement
with respect to such Registrable Securities and use its best efforts to cause such registration
statement to become effective, and, upon the request of the Holders of a majority of the
Registrable Securities registered thereunder, keep such registration statement effective for a
period of up to ninety (90) days or, in the case of Registrable Securities registered under Form
F-3 or S-3 in accordance with Rule 415 under the Securities Act or a successor rule, until the
distribution contemplated in the registration statement has been completed; provided, however, that
(i) such ninety (90) day period shall be extended for a period of time equal to the period any
Holder refrains from selling any securities included in such registration at the request of the
underwriter(s), and (ii) in the case of any registration of Registrable Securities on Form F-3 or
S-3 which are intended to be offered on a continuous or delayed basis, such ninety (90) day period
shall be extended, if necessary, to keep the registration statement effective until all such
Registrable Securities are sold.

               (b) Amendments and Supplements. Prepare and file with the SEC such amendments and
supplements to such registration statement and the prospectus used in connection with such
registration statement as may be necessary to comply with the provisions of the Securities Act
with respect to the disposition of all securities covered by such registration statement.

               (c) Prospectuses. Furnish to the Holders such number of copies of a prospectus,
including a preliminary prospectus, in conformity with the requirements of the Securities Act, and
such other documents as they may reasonably request in order to facilitate the disposition of the
Registrable Securities owned by them that are included in such registration.

               (d) Blue Sky. Use its best efforts to register and qualify the securities covered by
such registration statement under such other securities or Blue Sky laws of such jurisdictions as
shall be reasonably requested by the Holders; provided that the Company shall not be required in
connection therewith or as a condition thereto to qualify to do business or to file a general
consent to service of process in any such states or jurisdictions, unless the Company is already
subject to service in such jurisdiction and except as may be required by the Securities Act.

               (e) Underwriting. In the event of any underwritten public offering, enter into and
perform its obligations under an underwriting agreement in usual and customary form, with the
managing underwriter(s) of such offering.

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               (f) Notification. Notify each Holder of Registrable Securities covered by such
registration statement at any time when a prospectus relating thereto is required to be delivered
under the Securities Act of (i) the issuance of any stop order by the SEC in respect of such
registration statement, or (ii) the happening of any event as a result of which the prospectus
included in such registration statement, as then in effect, includes an untrue statement of a
material fact or omits to state a material fact required to be stated therein or necessary to make
the statements therein not misleading in the light of the circumstances then existing.

               (g) Opinion and Comfort Letter. Furnish, at the request of any Holder requesting
registration of Registrable Securities, on the date that such Registrable Securities are delivered
to the underwriter(s) for sale, if such securities are being sold through underwriters, or, if such
securities are not being sold through underwriters, on the date that the registration statement
with respect to such securities becomes effective, (i) an opinion, dated as of such date, of the
counsel representing the Company for the purposes of such registration, in form and substance as is
customarily given to underwriters in an underwritten public offering and reasonably satisfactory to
a majority in interest of the Holders requesting registration, addressed to the underwriters, if
any, and (ii) letters dated as of (x) the effective date of the registration statement covering
such Registrable Securities and (y) the closing date of the offering from the independent certified
public accountants of the Company, in form and substance as is customarily given by independent
certified public accountants to underwriters in an underwritten public offering and reasonably
satisfactory to a majority in interest of the Holders requesting registration, addressed to the
underwriters, if any.

     2.8. Furnish Information. It shall be a condition precedent to the obligations of the
Company to take any action pursuant to Sections 2.3, 2.4 or 2.5 that the
selling Holders shall furnish to the Company such information regarding themselves, the Registrable
Securities held by them and the intended method of disposition of such securities as shall be
required to timely effect the Registration of their Registrable Securities.

     2.9. Indemnification. In the event any Registrable Securities are included in a
registration statement under Sections 2.3, 2.4 or 2.5:

               (a) By the Company. To the extent permitted by law, the Company will
indemnify and hold harmless each Holder, its partners, officers, directors, legal counsel, any
underwriter (as defined in the Securities Act) for such Holder and each person, if any, who
controls such Holder or underwriter within the meaning of the Securities Act or the Exchange Act,
against any losses, claims, damages, or liabilities (joint or several) to which they may become
subject under the Securities Act, the Exchange Act, or other United States federal or state law,
insofar as such losses, claims, damages, or liabilities (or actions in respect thereof) arise out
of or are based upon any of the following statements, omissions or violations (collectively a
“Violation”):

                    (i) any untrue statement or alleged untrue statement of a material fact contained in such
registration statement, including any preliminary prospectus or final prospectus contained therein
or any amendments or supplements thereto;

                    (ii) the omission or alleged omission to state therein a material fact required to be stated
therein, or necessary to make the statements therein not misleading; or

13

 

                    (iii) any violation or alleged violation by the Company of the Securities Act, the Exchange
Act, any United States federal or state securities law, or any rule or regulation promulgated
under the Securities Act, the Exchange Act, or any United States federal or state securities law
in connection with the offering covered by such registration statement;

and the Company will reimburse each such Holder, its partner, officer, director, legal counsel,
underwriter or controlling person for any legal or other expenses reasonably incurred by them, as
incurred, in connection with investigating or defending any such loss, claim, damage, liability or
action; provided, however, that the indemnity agreement contained in this
Subsection 2.9(a) shall not apply to amounts paid in settlement of any such loss, claim,
damage, liability or action if such settlement is effected without the consent of the Company
(which consent shall not be unreasonably withheld), nor shall the Company be liable in any such
case for any such loss, claim, damage, liability or action to the extent that it arises out of or
is based upon a Violation which occurs in reliance upon and in conformity with written information
furnished expressly for use in connection with such registration by such Holder, or any partner,
officer, director, legal counsel, underwriter or controlling person of such Holder.

               (b) By Selling Holders. To the extent permitted by law, each selling Holder will, if
Registrable Securities held by Holder are included in the securities as to which such registration
qualifications or compliance is being effected, indemnify and hold harmless the Company, each of
its directors, each of its officers who has signed the registration statement, each person, if
any, who controls the Company within the meaning of the Securities Act, any underwriter and any
other Holder selling securities under such registration statement or any of such other Holder’s
partners, directors, officers, legal counsel or any person who controls such Holder within the
meaning of the Securities Act or the Exchange Act, against any losses, claims, damages or
liabilities (joint or several) to which the Company or any such director, officer, legal counsel,
controlling person, underwriter or other such Holder, partner or director, officer or controlling
person of such other Holder may become subject under the Securities Act, the Exchange Act or other
United States federal or state law, insofar as such losses, claims, damages or liabilities (or
actions in respect thereto) arise out of or are based upon any Violation, in each case to the
extent (and only to the extent) that such Violation occurs in reliance upon and in conformity with
written information furnished by such Holder expressly for use in connection with such
registration; and each such Holder will reimburse any legal or other expenses reasonably incurred
by the Company or any such director, officer, controlling person, underwriter or other Holder,
partner, officer, director or controlling person of such other Holder in connection with
investigating or defending any such loss, claim, damage, liability or action; provided, however,
that the indemnity agreement contained in this Section 2.9(b) shall not apply to amounts
paid in settlement of any such loss, claim, damage, liability or action if such settlement is
effected without the consent of the Holder, which consent shall not be unreasonably withheld; and
provided, further, that in no event shall any indemnity under this Section 2.9(b) exceed
the net proceeds received by such Holder in the registered offering out of which the applicable
Violation arises.

               (c) Notice. Promptly after receipt by an indemnified party under this Section
2.9 of notice of the commencement of any action (including any governmental action), such
indemnified party will, if a claim in respect thereof is to be made against any indemnifying party
under this Section 2.9, deliver to the indemnifying party a written notice of the
commencement thereof and the indemnifying party shall have the right to participate in,

14

 

and, to the extent the indemnifying party so desires, jointly with any other indemnifying party
similarly noticed, to assume the defense thereof with counsel mutually satisfactory to the parties;
provided, however, that an indemnified party shall have the right to retain its own counsel, with
the fees and expenses to be paid by the indemnifying party, if representation of such indemnified
party by the counsel retained by the indemnifying party would be inappropriate due to actual or
potential conflict of interests between such indemnified party and any other party represented by
such counsel in such proceeding. The failure to deliver written notice to the indemnifying party
within a reasonable time of the commencement of any such action shall relieve such indemnifying
party of liability to the indemnified party under this Section 2.9 to the extent the
indemnifying party is prejudiced as a result thereof, but the omission to so deliver written notice
to the indemnifying party will not relieve it of any liability that it may have to any indemnified
party otherwise than under this Section 2.9.

               (d) Contribution. In order to provide for just and equitable contribution to joint
liability under the Securities Act in any case in which either (i) any indemnified party makes a
claim for indemnification pursuant to this Section 2.9 but it is judicially determined (by
the entry of a final judgment or decree by a court of competent jurisdiction and the expiration of
time to appeal or the denial of the last right of appeal) that such indemnification may not be
enforced in such case notwithstanding the fact that this Section 2.9 provides for
indemnification in such case, or (ii) contribution under the Securities Act may be required on the
part of any indemnified party in circumstances for which indemnification is provided under this
Section 2.9; then, and in each such case, the indemnified party and the indemnifying party
will contribute to the aggregate losses, claims, damages or liabilities to which they may be
subject (after contribution from others) in such proportion so that a Holder (together with its
related persons) is responsible for the portion represented by the percentage that the public
offering price of its Registrable Securities offered by and sold under the registration statement
bears to the public offering price of all securities offered by and sold under such registration
statement, and the Company and other selling Holders are responsible for the remaining portion.
The relative fault of the indemnifying party and of the indemnified party shall be determined by a
court of law by reference to, among other things, whether the untrue or alleged untrue statement
of a material fact or the omission to state a material fact relates to information supplied by the
indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access
to information and opportunity to correct or prevent such statement or omission; provided,
however, that, in any such case: (A) no Holder will be required to contribute any amount in excess
of the net proceeds to such Holder from the sale of all such Registrable Securities offered and
sold by such Holder pursuant to such registration statement; and (B) no person or entity guilty of
fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) will be
entitled to contribution from any person or entity who was not guilty of such fraudulent
misrepresentation.

               (e) Survival; Consents to Judgments and Settlements. The obligations of the Company
and Holders under this Section 2.9 shall survive the completion of any offering of
Registrable Securities in a registration statement, regardless of the expiration of any statutes
of limitation or extensions of such statutes. No indemnifying party, in the defense of any such
claim or litigation, shall, except with the consent of each indemnified party, consent to entry of
any judgment or enter into any settlement which does not include as an unconditional term thereof
the giving by the claimant or plaintiff to such indemnified party of a release from all liability
in respect to such claim or litigation.

15

 

     2.10. Termination of the Company’s Obligations. The Company’s obligations under
Sections 2.3, 2.4 and 2.5 with respect to any Registrable Securities
proposed to be sold by a Holder in a registration pursuant to Sections 2.3, 2.4 or
2.5 shall terminate on the seventh (7th) anniversary of the initial public offering of the
Company, or, if, in the opinion of counsel to the Company, all such Registrable Securities
proposed to be sold by a Holder may then be sold without registration in any ninety (90) day
period pursuant to Rule 144 promulgated under the Securities Act.

     2.11. No Registration Rights to Third Parties. Without the prior written consent of
the Holders of at least seventy-five percent (75%) of the Registrable Securities then outstanding,
the Company covenants and agrees that it shall not grant, or cause or permit to be created, for
the benefit of any person or entity any registration rights of any kind (whether similar to the
demand, “piggyback” or Form F-3 or S-3 registration rights described in this Section 2, or
otherwise) relating to any securities of the Company other than those granted hereunder.

     2.12. Market Stand-Off. Each Founder and each Holder agrees that, so long as it holds
any voting securities of the Company, upon request by the Company or the underwriters managing the
initial public offering of the Company’s securities, it will not sell or otherwise transfer or
dispose of any securities of the Company (other than those permitted to be included in the
registration and other transfers to Affiliates permitted by law) without the prior written consent
of the Company or such underwriters, as the case may be, for a period of time specified by the
representative of the underwriters not to exceed one hundred and eighty (180) days from the
effective date of the registration statement covering such initial public offering or the pricing
date of such offering as may be requested by the underwriters. The foregoing provision of this
Section 2.12 shall not apply to the sale of any securities of the Company to an underwriter
pursuant to any underwriting agreement, and shall only be applicable to the Holders if all
officers, directors and holders of one percent (1%) or more of the Company’s outstanding share
capital enter into similar agreements, and if the Company or any underwriter releases any officer,
director or holder of one percent (1%) or more of the Company’s outstanding share capital from his
or her sale restrictions so undertaken, then each Holder shall be notified prior to such release
and shall itself be simultaneously released to the same proportional extent. The Company shall
require all future acquirers of the Company’s securities holding at least one percent (1%) of the
then outstanding share capital of the Company to execute prior to a Qualified Public Offering a
market stand-off agreement containing substantially similar provisions as those contained in this
Section 2.12.

     2.13. Rule 144 Reporting. With a view to making available to the Holders the benefits
of certain rules and regulations of the SEC which may at any time permit the sale of the
Registrable Securities to the public without registration or pursuant to a registration on Form
F-3, after such time as a public market exists for the Common Shares, the Company agrees to:

               (a) Make and keep public information available, as those terms are
understood and defined in Rule 144 under the Securities Act, at all times after the effective date
of the first registration under the Securities Act filed by the Company for an offering of its
securities to the general public;

16

 

               (b) File with the SEC in a timely manner all reports and other documents required of the
Company under the Securities Act and the Exchange Act (at any time after it has become subject to
such reporting requirements); and

               (c) So long as a Holder owns any Registrable Securities, to furnish to such Holder forthwith
upon request (i) a written statement by the Company as to its compliance with the reporting
requirements of Rule 144 (at any time after ninety (90) days after the effective date of the
Company’s initial public offering), the Securities Act and the Exchange Act (at any time after it
has become subject to such reporting requirements), or its qualification as a registrant whose
securities may be resold pursuant to Form F-3 (at any time after it so qualifies), (ii) a copy of
the most recent annual or quarterly report of the Company, and (iii) such other reports and
documents of the Company as a Holder may reasonably request in availing itself of any rule or
regulation of the SEC that permits the selling of any such securities without registration or
pursuant to Form F-3.

     2.14. Assignment of Registration Rights. The rights to cause the Company to
register Registrable Securities pursuant to this Agreement may be assigned (but only with all
related obligations) by a Holder to a transferee or assignee of such securities that (i) is a
subsidiary, Affiliate, parent, partner, member, limited partner, retired partner, retired member or
shareholder of a Holder, (ii) is a Holder’s Immediate Family Member or trust for the benefit of an
individual Holder or such Holder’s Immediate Family Member, or (iii), after such assignment or
transfer, holds at least 1,000,000 shares of Registrable Securities (subject to appropriate
adjustment for share splits, share dividends, combinations and other recapitalizations), provided:
(a) the Company is, within a reasonable time after such transfer, furnished with written notice of
the name and address of such transferee or assignee and the securities with respect to which such
registration rights are being assigned; (b) such transferee or assignee agrees in writing to be
bound by and subject to the terms and conditions of this Agreement; and (c) such assignment shall
be effective only if immediately following such transfer the further disposition of such securities
by the transferee or assignee is restricted under the Securities Act. For the purposes of
determining the number of shares of Registrable Securities held by a transferee or assignee, the
holdings of transferee or assignee (i) that is a subsidiary, parent, partner, limited partner,
retired partner, member, retired member or shareholder of a Holder; (ii) that is an Affiliate of
the Holder, which means with respect to a limited liability company or a limited liability
partnership, a fund or entity managed by the same manager or managing member or general partner or
management company or by an entity controlling, controlled by, or under common control with such
manager or managing member or general partner or management company, (iii) who is a Holder’s
Immediate Family Member, or (iv) that is a trust for the benefit of an individual Holder or such
Holder’s Immediate Family Member, shall be aggregated together and with those of the assigning
Holder; provided that all assignees and transferees who would not qualify individually for
assignment of registration rights shall have a single attorney-in-fact for the purpose of
exercising any rights, receiving notices or taking any action under this Agreement.

3. RIGHT OF PARTICIPATION.

     3.1. General. A Series A Investor holding at least 1,000,000 shares of Series A
Shares (as adjusted for stock splits, stock dividends, recapitalizations or similar transactions)
a Series B Investor holding at least 1,000,000 shares of Series B Shares (as adjusted for stock
splits, stock dividends, recapitalizations or similar transactions), any Series C Investor

17

 

holding at least 1,000,000 shares of Series C Shares (as adjusted for stock splits, stock
dividends, recapitalizations or similar transactions), any Series C-1 Investor holding at least
1,000,000 shares of Series C-1 Shares (as adjusted for stock splits, stock dividends,
recapitalizations or similar transactions) or any person to which rights under this Section 3
have been duly assigned by a Series A Investor, a Series B Investor, Series C Investor or a
Series C-1 Investor in accordance with Section 6.1 (for purpose of this Section 3,
such Series A Investor, Series B Investor, Series C Investor, Series C-1 Investor and each such
assignee each hereinafter referred to as a “Participation Rights Holder”) shall have the right of
first refusal to purchase such Participation Rights Holder’s Pro Rata Share (as defined below), of
all (or any part) of any New Securities (as defined in Section 3.3) that the Company may
from time to time issue after the date of this Agreement (the “Right of Participation”). Subject to
applicable securities laws, each Participation Rights Holder shall be entitled to apportion its
Participation Rights Holder’s Pro Rata Share among its Affiliates upon written notice to the
Company. For avoidance of doubt and only for purpose this Section 3, “the Company”
appearing below in Section 3 shall be refer to NetQin Mobile Inc.

     3.2. Pro Rata Share. A Participation Rights Holder’s “Pro Rata Share” for purposes of
the Right of Participation is the ratio of (a) the number of Common Shares (calculated on a
fully-diluted and as-converted basis) held by such Participation Rights Holder, to (b) the total
number of Common Shares (calculated on a fully-diluted and as-converted basis) then outstanding
immediately prior to the issuance of New Securities giving rise to the Right of Participation.

     3.3. New Securities. “New Securities” shall mean any Preferred Shares, any other
shares of the Company designated as “Preferred Shares”, Common Shares or other voting shares of the
Company, whether now authorized or not, and rights, options or warrants to purchase such Preferred
Shares, Common Shares and securities of any type whatsoever that are, or may become, convertible or
exchangeable into such Preferred Shares, Common Shares or other voting shares, provided, however,
that the term “New Securities” shall not include:

               (a) the issuance or sale of up to 26,415,442 of the Company’s Common Shares and/or options or
warrants therefor issued to employees, officers, directors, contractors, advisors or consultants of
the Company pursuant to the Company’s employee share option plans approved by the Board (including
the affirmative votes of the Series A Director, the Series B Director and the Series C Director);

               (b) Common Shares issued or issuable in connection with any share split, share dividend,
combination, recapitalization or other similar transaction of the Company;

               (c) Common Shares issued or issuable upon conversion or exercise of the Series A Preferred
Shares, Series B Preferred Shares, Series C Preferred Shares or Series C-1 Preferred Shares;

               (d) Common Shares issued in connection with a bona fide business acquisition by the Company
of another business, whether by merger, consolidation, sale of assets, sale or exchange of stock
or otherwise; or

               (e) Common Shares issued or issuable in connection with the Company’s initial public
offering.

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     3.4. Procedures.

               (a) First Participation Notice. In the event that the Company proposes to undertake
an issuance of New Securities (in a single transaction or a series of related transactions), it
shall give to each Participation Rights Holder written notice of its intention to issue New
Securities (the “First Participation Notice”), describing the amount and type of New Securities,
the price and the general terms upon which the Company proposes to issue such New Securities. Each
Participation Rights Holder shall have twenty (20) business days from the date of receipt of any
such First Participation Notice to agree in writing to purchase such Participation Rights Holder’s
Pro Rata Share of such New Securities for the price and upon the terms and conditions specified in
the First Participation Notice by giving written notice to the Company and stating therein the
quantity of New Securities to be purchased (not to exceed such Participation Rights Holder’s Pro
Rata Share). If any Participation Rights Holder fails to so agree in writing within such twenty
(20) business day period to purchase such Participation Rights Holder’s full Pro Rata Share of an
offering of New Securities, then such Participation Rights Holder shall forfeit the right
hereunder to purchase that part of its Pro Rata Share of such New Securities that it did not agree
to purchase.

               (b) Second Participation Notice; Oversubscription. If any Participating Rights Holder
fails or declines to exercise its Right of Participation in accordance with subsection (a) above,
the Company shall promptly give notice (the “Second Participation Notice”) to other Participating
Rights Holders who exercised their Right of Participation (the “Right Participants”) in accordance
with subsection (a) above. Each Right Participant shall have ten (10) business days from the date
of the Second Participation Notice (the “Second Participation Period”) to notify the Company of
its desire to purchase more than its Pro Rata Share of the New Securities, stating the number of
the additional New Securities it proposes to buy (the “Additional Number”). Such notice may be
made by telephone if confirmed in writing within two (2) business days. If, as a result thereof,
such oversubscription exceeds the total number of the remaining New Securities available for
purchase, each oversubscribing Right Participant will be cut back by the Company with respect to
its oversubscription to that number of remaining New Securities equal to the lesser of (x) the
Additional Number and (y) the product obtained by multiplying (i) the number of the remaining New
Securities available for subscription by (ii) a fraction, the numerator of which is the number of
Common Shares (calculated on a fully-diluted and as-converted basis) held by such oversubscribing
Right Participant and the denominator of which is the total number of Common Shares (calculated on
a fully-diluted and as-converted basis) held by all the oversubscribing Right Participants. Each
Right Participant shall be obligated to buy such number of New Securities as determined by the
Company pursuant to this Section 3.4 and the Company shall so notify the Right Participants within
fifteen (15) business days following the date of the Second Participation Notice.

     3.5. Failure to Exercise. Upon the expiration of the Second Participation Period, or
in the event no Participation Rights Holder exercises the Right of Participation within ten (10)
days following the issuance of the First Participation Notice, the Company shall have one hundred
twenty (120) days thereafter to sell the New Securities described in the First Participation Notice
(with respect to which the Right of Participation hereunder were not exercised) at the same or
higher price and upon non-price terms not materially more favorable to the purchasers thereof than
specified in the First Participation Notice. In the event that the Company has not issued and sold
such New Securities within such one hundred twenty (120) day period, then the Company shall not
thereafter issue or sell any New

19

 

Securities without again first offering such New Securities to the Participation Rights Holders
pursuant to this Section 3.

     3.6. Termination. The Right of Participation for each Participation Rights Holder
shall not terminate so long as any Investors and its Affiliates collectively hold any Preferred
Shares or Common Shares; provided, however, that the Right of Participation shall terminate upon
the closing of a Qualified Public Offering.

4. TRANSFER RESTRICTIONS.

     4.1.Certain Definitions. For purposes of this Section 4,

          (a) “Common Shares” means (i) the Company’s outstanding Common Shares, (ii) the Common Shares
issued or issuable upon conversion of the Preferred Shares, (iii) the Common Shares issuable upon
exercise of outstanding options or warrants and (iv) the Common Shares issuable upon conversion of
any outstanding convertible securities;

          (b) “Preferred Share Holder” means an Investor and its permitted assignees to whom its rights
under this Section 4 have been duly assigned in accordance with Section 6.1 of this
Agreement;

          (c) “Restricted Shares” means any Common Shares, whether now authorized or not, and rights,
options or warrants to purchase such Common Shares and securities of any type whatsoever that are,
or may become, convertible or exchangeable into such Common Shares currently held or subsequently
acquired by the Founders’ HoldCo or a Founder;

          (d) “Common Share Equivalents” means, with respect to any shareholder, Common Shares owned by
such shareholder together with the Common Shares into or for which any issued and outstanding
Preferred Shares or any other issued and outstanding convertible securities (excluding, for the
avoidance of doubt, unexercised options or warrants) owned by such shareholder shall be
convertible.

     4.2. Transfer Notice. Except as set forth in Section 4.8, if at any time the
Founders’ HoldCo, a Founder (either directly or indirectly through the Founders’ HoldCo) or any
other holder of Restricted Shares (collectively, a “Transferor”) proposes to transfer any
Restricted Shares, either directly or through a holding company of such Transferor, to one or more
persons (the “Transferee”) pursuant to an understanding with such Transferee (a “Transfer”), then
the Transferor shall give the Company and each Preferred Shares Holder a written notice of the
Transferor’s intention to make the Transfer (the “Transfer Notice”), which Transfer Notice shall
include (i) a description of the Restricted Shares to be transferred (the “Offered Shares”), (ii)
the identity of the prospective Transferee, (iii) the consideration to be paid for each Offered
Share (the “Offered Price”), and (iv) the material terms and conditions upon which the proposed
Transfer is to be made. The Transfer Notice shall certify that the Transferor has received a bona
fide firm offer from the prospective Transferee and in good faith believes a binding agreement for
the Transfer is obtainable on the terms set forth in the Transfer Notice. The Transfer Notice shall
also include a copy of any written proposal, term sheet or letter of intent or other agreement
relating to the proposed Transfer. Any proposed direct or indirect transfer by a Transferor of an
equity interest in any Restricted Shares, including without limitation any transfer or issuance of
an equity interest in the Founders’ HoldCo or any other holding company that holds, directly or
indirectly, an interest

20

 

in Restricted Shares, shall constitute a “Transfer” as defined in this Section 4.2, and
such equity interest to be transferred or issued by such holding company shall be treated as
“Offered Shares” for all purposes under this Section 4.

     4.3. Company’s Option.

          (a) The Company shall have the option to repurchase for cancellation all or any part of the
Offered Shares.

          (b) If the Company desires to repurchase for cancellation all or any part of the Offered
Shares, the Company must, within the thirty (30) day period (the “Company Refusal Period”)
commencing on the date of receipt of the Transfer Notice by the Company, give written notice to the
Transferor of the Company’s election to repurchase for cancellation the Offered Shares at a price
per share equal to the Offered Price. To the extent that the Company elects not to repurchase for
cancellation any or all of the Offered Shares, the remaining Offered Shares may be purchased by the
Preferred Share Holders as set forth in Section 4.4 below. A failure by the Company to
exercise its right of first refusal within the Company Refusal Period shall be deemed a waiver of
such right, however such failure shall not affect the right of first refusal of the Preferred Share
Holders as set forth in Section 4.4 below.

          (c) Within five (5) days after the earlier of (i) receipt by the Transferor of notice from
the Company pursuant to Section 4.2 above, and (ii) the expiration of the Company Refusal
Period, the Transferor will give written notice (the “Second Transfer Notice”) to the Preferred
Share Holder specifying either (A) that all or a portion of the Offered Shares were subscribed by
the Company exercising its right of first refusal, and setting forth the number of Offered Shares
not subscribed for by the Company, if any, or (B) that the Company waived its right to purchase
any of the Offered Shares.

     4.4. Option of Preferred Share Holder.

          (a) To the extent the Company does not purchase all of the Offered Shares pursuant to
Section 4.2 above, each Preferred Share Holder shall have an option for a period of thirty
(30) days (the “Holders’ Refusal Period”) from the receipt of the Second Transfer Notice to submit
notice of its irrevocable commitment to elect to purchase its respective pro rata share of the
remaining Offered Shares at a price per share equal to the lesser of (i) the Offered Price, and
(ii) the fair market value of each Offered Share as reasonably determined by the Board (including
the consent of the Series A Director, Series B Director and the Series C Director), and subject to
the same material terms and conditions as described in the Transfer Notice.

          (b) Each Preferred Share Holder may exercise such purchase option and thereby purchase all or
any portion of its pro rata share (with any re-allotments as provided below) of the remaining
Offered Shares, by notifying the Transferor and the Company in writing, before expiration of the
Holders’ Refusal Period as to the number of such Offered Shares which it wishes to purchase
(including any re-allotment). For the purposes of this subsection (b), each Preferred Share
Holder’s “pro rata” share of the remaining Offered Shares shall be a fraction of such remaining
Offered Shares, of which the number of Common Share Equivalents owned by such Preferred Share
Holder on the date of the Second Transfer Notice shall be the numerator and the total number of
Common Share Equivalents

21

 

held by all Preferred Share Holders on the date of the Second Transfer Notice shall be the
denominator.

          (c) If any Preferred Share Holder fails to exercise its right to purchase its full pro rata
share of the remaining Offered Shares, the Transferor shall deliver written notice within five (5)
days after the expiration of the Holders’ Refusal Period to any Exercising Holder (as defined
below) specifying the number of unpurchased Offered Shares. Each Preferred Share Holders that
exercises in full its right of first refusal under subsection 4.4(b) above (each, an “Exercising
Holder”) shall have a right of re-allotment, and may exercise an additional right to purchase such
unpurchased Offered Shares by notifying the Transferor and the Company in writing within ten (10)
days after receipt of the notice by the Transferor pursuant to the prior sentence of this
subsection (c); provided, however, that if the Exercising Holders desire to purchase in aggregate
more than the number of such unpurchased Offered Shares, then such unpurchased Offered Shares will
be allocated pro rata to the extent necessary among the Exercising Holders based on the Common
Share Equivelants owned by such Exercising Holders at the date of the Second Transfer Notice.

          (d) If any Preferred Share Holder gives the Transferor notice that it desires to purchase its
pro rata share of the Offered Shares and, as the case may be, its re-allotment, then payment for
the Offered Shares shall be by check or wire transfer, against delivery of the Offered Shares to
be purchased at a place agreed by the parties and at the time of the scheduled closing therefor,
which shall be no later than sixty (60) days after the Preferred Share Holder’s receipt of the
Second Transfer Notice, unless the value of the purchase price has not yet been established
pursuant to Section 4.5.

     4.5. Valuation of Property. Should the purchase price specified in the Transfer.
Notice be payable in whole or in part in property other than cash or evidences of indebtedness, the
cash equivalent value of the non-cash consideration will be determined by the Board (including the
consent of the Series A Director, Series B Director and the Series C Director) in good faith, which
determination shall be binding upon the Company, the Preferred Share Holders and the Transferor,
absent fraud or error.

     4.6. Preferred Share Holders’ Co-Sale Rights.

          (a) In the event that the Founders’ HoldCo or any Founder (either
directly or indirectly through the Founders’ HoldCo) proposes to transfer all or any portion of
the Restricted Shares then held by Founders’ HoldCo or such Founder to a Transferee pursuant to a
bona fide firm offer from the Transferee to purchase the Offered Shares, to the extent the Company
and the Preferred Share Holders do not exercise their respective rights of first refusal as to all
of the Offered Shares pursuant to Sections 4.2 and 4.4, each Preferred Share
Holder (a “Selling Holder”) that does not purchase Offered Shares pursuant to Section 4.4
shall have an option for a period of thirty (30) days from the end of the Holders’ Refusal Period
to participate in such sale of the Common Shares on the same terms and conditions as those being
offered to the Transferor and in no event less favorable to the Transferor than those specified in
the Transfer Notice. Each Selling Holder shall send notice to the Transferor indicating the number
of Common Shares the Selling Holder wishes to sell under its right to participate. To the extent
one or more of the Selling Holders exercise such right of participation in accordance with the
terms and conditions set forth below, the number of Common Shares that the Transferor may sell in
the Transfer to the Transferee shall be correspondingly reduced.

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          (b) Each Selling Holder may elect to sell up to such number of Common Shares equal to (on a
fully converted basis) the product of (i) the aggregate number of Common Shares proposed to be sold
to the Transferee by (ii) a fraction, the numerator of which is the number of Common Shares owned
by the Selling Holder on the date of the Second Transfer Notice and the denominator of which is the
total number of Common Shares owned by all Selling Holders and the Transferor on the date of the
Second Transfer Notice.

          (c) Each Selling Holder shall effect its participation in the sale by promptly delivering to
the Transferor for transfer to the Transferee one or more certificates and instruments of transfer,
properly endorsed for transfer, which represent the type and number of Common Shares which such
Selling Holder elects to sell; provided, however that if the prospective Transferee objects to the
delivery of Preferred Shares in lieu of Common Shares, such Selling Holder shall convert such
Preferred Shares into Common Shares and deliver certificates and instruments of transfer
corresponding to such Common Shares. The Company agrees to make any such conversion of Preferred
Shares concurrent with the actual transfer of Common Shares to the Transferee and contingent on
such transfer.

          (d) The share certificate or certificates that a Selling Holder delivers to the Transferor
pursuant to Section 4.6(c) shall be transferred to the prospective Transferee in
consummation of the sale of the Common Shares pursuant to the terms and conditions specified in the
Transfer Notice, and the Transferor shall concurrently therewith remit to such Selling Holder that
portion of the sale proceeds to which such Selling Holder is entitled by reason of its
participation in such sale.

          (e) To the extent that any prospective Transferee prohibits the participation of a Selling
Holder exercising its co-sale rights hereunder in a proposed Transfer or otherwise refuses to
purchase shares or other securities from a Selling Holder exercising its co-sale rights hereunder,
the Transferor shall not sell to such prospective Transferee any Common Shares unless and until,
simultaneously with such sale, the Transferor shall purchase such shares or other securities from
such Selling Holder for the same consideration and on the same terms and conditions as the proposed
transfer described in the Transfer Notice.

     4.7. Non-Exercise of Rights.

          (a) To the extent that the Company and the Preferred Share Holders have not exercised their
rights to purchase all of the Offered Shares within the time periods specified in this Section
4 and the Preferred Share Holders have not exercised their rights to participate in the sale of
all of the remaining Offered Shares within the time periods specified herein, the Transferor shall
have a period of forty-five (45) days from the expiration of such rights in which to sell the
remaining Offered Shares to the Transferee identified in the Transfer Notice upon terms and
conditions (including the purchase price) no more favorable than those specified in the Transfer
Notice.

          (b) The parties agree that each Transferee shall, prior to the consummation of any Transfer,
have executed documents assuming the obligations of such Transferor under this Agreement with
respect to the transferred Common Shares. In the event the Transferor does not consummate the sale
or disposition of the Offered Shares within forty-five (45) days from the expiration of such
rights, the Company and the Preferred Share Holders’ first refusal rights and the Preferred Share
Holders’ co-sale rights shall

23

 

continue to be applicable to any subsequent disposition of the Offered Shares by the Transferor
until such rights lapse in accordance with the terms of this Agreement.

          (c) The exercise or non-exercise under this Section 4 of the rights of the
Company or the Preferred Share Holders to purchase Offered Shares from a Transferor or the
Preferred Share Holders to participate in the sale of the Offered Shares by a Transferor shall not
adversely affect their rights to make subsequent purchases from the Transferor of Restricted
Shares or subsequently participate in sales of Restricted Shares by Transferor hereunder.

     4.8. Limitations to Rights of First Refusal and Co-Sale.

          (a) Estate Planning. Notwithstanding the provisions of this Section 4, the
Founders’ HoldCo may, on behalf of any Founder, may sell or otherwise assign, for estate planning
purposes, with or without consideration, Common Shares of each Founder’s holdings, to any spouse
or member of such Founder’s immediate family, or to a custodian, trustee, executor, or other
fiduciary for the account of such Founder’s spouse or members of such Founder’s immediate family,
or to a trust for such Founder’s own self, or a charitable remainder trust, provided that each
such Transferee or assignee (each, a “Permitted Transferee”), prior to the completion of the sale,
transfer, or assignment, shall have executed documents assuming the obligations of such Founder
and the Founders’ HoldCo under this Agreement with respect to the transferred Common Shares.

          (b) Transfer to Founders. The rights of first refusal and co-sale provided under this
Section 4 shall not apply to any transfer among the Founders, provided that the prior
written notice of not less than fifteen (15) business days of such transfer shall be provided to
each of the Preferred Share Holders.

          (c) Company Repurchase Rights. The rights of first refusal and co-sale provided under
this Section 4 shall not apply to any sale or transfer of any Restricted Shares to the
Company pursuant to a repurchase right or right of first refusal held by the Company in the event
of a termination of employment or consulting relationship.

          (d) Effective Registration. The rights of first refusal and co-sale provided under
this Section 4 shall not apply to any sale by a shareholder of Common Shares to the public
pursuant to an effective registration statement filed pursuant to the Securities Act.

          (e) Preferred Share Holders’ Approval. The rights of first refusal and co-sale
provided under this Section 4 shall not apply to any transfer that is approved by all of
the Preferred Share Holders in writing.

     4.9. Prohibited Transfers.

          (a) Except for permitted transfers as provided in Section 4.8 above, none
of the holders of Restricted Shares shall sell, assign, transfer, pledge, hypothecate, mortgage,
encumber or otherwise dispose through one or a series of transactions any Company securities now
held by him to any person prior to the Qualified Public Offering except with the prior written
consent of the holders of at least a majority of the Series A Shares (voting as a separate class),
the holders of at least a majority of the Series B Shares (voting as a separate

24

 

class) and the holders of at least a majority of the Series C Shares and Series C-1 Shares (voting
together as a single class), or their respective permitted assigns.

          (b) Any attempt by a party to transfer any Restricted Shares in violation
of this Section 4 shall be void and the Company hereby agrees it will not effect such a
transfer nor will it treat any alleged transferee as the holder of such shares without the prior
written approval of the holders of at least a majority of the Series A Shares (voting as a
separate class), the holders of at least a majority of the Series B Shares (voting as a separate
class) and the holders of at least a majority of the Series C Shares and Series C-1 Shares (voting
together as a single class), or their respective permitted assigns.

     4.10. Term. The provisions under this Section 4 shall terminate upon the
earlier to occur of:

                    (i) a Qualified Public Offering; and

                    (ii) the sale of all or substantially all of the assets of the Company or the consolidation,
merger or other business combination of the Company with or into any other business entity
pursuant to which shareholders of the Company prior to such consolidation, merger or other
business combination hold less than a majority of the voting power of the surviving or resulting
entity.

     4.11. Legend.

          (a) Each certificate representing the Restricted Shares shall be endorsed with the following
legend:

“THE SALE, PLEDGE, HYPOTHECATION OR TRANSFER OF THE SECURITIES REPRESENTED BY THIS
CERTIFICATE IS SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER SET FORTH IN A SHAREHOLDERS
AGREEMENT, A COPY OF WHICH MAY BE OBTAINED UPON WRITTEN REQUEST TO THE SECRETARY OF THE
COMPANY.”

          (b) Each party agrees that the Company may instruct its transfer agent to impose transfer
restrictions on the shares represented by certificates bearing the legend referred to in
Section 4.11(a) above to enforce the provisions of this Agreement and the Company agrees
to promptly do so. The legend shall be removed upon termination of the provisions of this
Section 4.

5. DRAG-ALONG

     5.1. Drag-Along Rights. If at any time during the term of this Agreement the
holders of at least two of the following: i) fifty-one percent (51%) of the then-outstanding Series
A Shares(voting as a separate class); ii) fifty-one percent (51%) of the then-outstanding Series B
Shares (voting as a separate class); and iii) fifty-one percent (51%) of the then-outstanding
shares of the Series C Shares and Series C-1 Shares (voting together as a single class) (the
“Drag-Along Shareholders”) approve of a proposed Trade Sale (as defined below), then, in any such
event, upon written notice from such holders of Preferred Shares requesting them to do so, each of
the other shareholders shall (i) vote, or give his written consent with respect to, all the Common
Shares held by him in favor of such proposed Trade

25

 

Sale and in opposition of any proposal that could reasonably be expected to delay or impair the
consummation of any such proposed Trade Sale; (ii) refrain from exercising any dissenters’ rights
or rights of appraisal under applicable law at any time with respect to or in connection with such
proposed Trade Sale; and (iii) take all actions reasonably necessary to consummate the proposed
Trade Sale, including without limitation amending the then existing Memorandum and Articles of
Association of the Company.

     5.2. Exceptions. The Drag-Along Shareholders shall not be entitled to exercise the
rights set out in Section 5.1 unless the offering price per share for the Trade Sale, as
appropriately adjusted for any share subdivision, combination, recapitalization or similar event,
reflects an implied valuation of US$200,000,000 of the Company, pursuant to and immediately prior
to the consummation of the Trade Sale.

     5.3. Definition of Trade Sale. For purposes of this Section 5, an “Trade
Sale” shall mean (i) a sale, lease, transfer or other disposition of all or substantially all of
the assets of the Company, (ii) a transfer or an exclusive licensing of all or substantially all
of the intellectual property of the Company, (iii) a sale, transfer or other disposition of a
majority of the issued and outstanding share capital of the Company or a majority of the voting
power of the Company; or (iv) a merger, consolidation or other business combination of the Company
with or into any other business entity in which the shareholders of the Company immediately after
such merger, consolidation or business combination hold shares representing less than a majority
of the voting power of the outstanding share capital of the surviving business entity.

6. ASSIGNMENT AND AMENDMENT.

     6.1. Assignment. Notwithstanding anything herein to the contrary:

               (a) Preferred Shares. Each of the Investors shall be entitled to transfer
all
or part of the Preferred Shares or Common Shares issued upon conversion of Preferred Shares owned
by it to its Affiliates or one or more affiliated partnerships or funds managed by or affiliated
with it or any of their respective directors, officers or partners, provided such transferees
agrees in writing to be subject to terms of this Agreement and any other Transaction Agreements (as
defined in the Series C-1 Share Purchase Agreement) as if it were a purchaser thereto. Without
limiting the generality of the foregoing, Fidelity shall be entitled to transfer all or part of the
Preferred Shares or Common Shares issued upon conversion of Preferred Shares to any Fidelity
Persons or charitable organization; each shareholder of the Company hereby waives its pre-emption
rights in respect of such transfer of shares by Fidelity to any such persons. For purpose of this
Section 6.1(a), “Fidelity Persons” means (1) FIL Limited (“FIL”), a company incorporated in
Bermuda, and any subsidiary undertaking of FIL from time to time (FIL and its subsidiary
undertakings being the “FIL Group”); (2) FMR LLC (“FMR”), a Delaware limited liability company, and
any subsidiary undertaking of FMR from time to time (FMR and its subsidiary undertakings being the
“FMR Group”); (3) any director, officer, employee or shareholder of the FIL Group and/or the FMR
Group or members of his family and any company, trust, partnership or other entity (“Entities”)
formed for his or any of their benefit from time to time (any or all of such individuals and
Entities being the “Closely Related Shareholders”); (4) any Entity controlled by Closely Related
Shareholders where “control” shall mean the power to direct the management and policies or appoint
or remove members of the board of directors or other governing body of the Entity, directly or
indirectly, whether through the ownership of voting securities, contract or otherwise, and
“controlled” shall be construed accordingly; and (5) any affiliate of any member of the FIL Group
and/or the FMR Group (where “affiliate”

26

 

means any Entity controlled by any combination of any Closely Related Shareholders and any member
of the Group and/or the FMR Group, and includes the officers, partners and directors of any
affiliate).

               (b) Information Rights and Registration Rights. The Information Rights of the
Investors under Section 1.1 may be assigned to any holder of Preferred Shares.

               (c) Rights of Participation; Right of First Refusal; Co-Sale Rights. The rights of
each holder of Preferred Shares under Sections 3 and 4 are fully assignable in
connection with a permitted transfer of shares of the Company by such holder of Preferred Shares,
as the case may be; provided, however, that no party may be assigned any of the foregoing rights
unless the Company is given written notice by such assigning party at the time of such assignment,
stating the name and address of the assignee and identifying the securities of the Company as to
which the rights in question are being assigned; and provided further, that any such assignee
shall receive such assigned rights subject to all the terms and conditions of this Agreement,
including without limitation the provisions of this Section 6.

     6.2. Amendment of Rights. Any provision in this Agreement may be amended and
the observance thereof may be waived (either generally or in a particular instance and either
retroactively or prospectively), only by the written consent of (a) the Company, (b) by persons or
entities holding a majority of the Common Shares held (directly or indirectly) by the Founders who
are then full-time employees of any Group Company and their Permitted Transferees, (c) the holders
of at least a majority of the outstanding Series A Shares, (d) the holders of at least a majority
of the outstanding Series B Shares, and (e) the holders of at least a majority of the outstanding
Series C Shares and the outstanding Series C-1 Shares, voting as a separate class; provided,
however, that any party may waive any of its rights hereunder without obtaining the consent of any
other party.

7. PROTECTIVE PROVISIONS

     7.1. For purpose of this Section 7, the term “Company” shall include the Company, the
PRC Subsidiary and Domestic Enterprise, unless wholly inapplicable.

     7.2. Consent of Holders of a Majority of Preferred Shares. For so long as at least
more than 1,000,000 shares of Series A Shares, more than 1,000,000 shares of Series B Shares, or
an aggregated of more than 1,000,000 shares of Series C Shares and Series C-1 Shares remain
outstanding, in addition to any other vote or consent required elsewhere in the Memorandum and
Articles, the Company shall not take any of the following actions without the consent of the
holders of at least two of the following: i) fifty-one percent (51%) of the then-outstanding
Series A Shares (voting as a separate class); ii) fifty-one percent (51%) of the then-outstanding
Series B Shares (voting as a separate class); and iii) fifty-one percent (51%) of the
then-outstanding shares of the Series C Shares and Series C-1 Shares (voting together as a single
class):

               (a) Sell or issue any equity or debt security or warrant, option or other right to purchase
any equity or debt security (with the exception of any shares issued pursuant to the ESOP or upon
conversion of Preferred Shares);

               (b) Declare or pay any dividend or distribution that otherwise results in the redemption or
repurchase of any equity security;

27

 

               (c) Redeem or repurchase of any shares of the Company other than the redemption or repurchase
of shares reserved or issued pursuant to the ESOP at cost or pursuant to the Company’s exercise of
rights of first refusal over such shares;

               (d) Make or do anything which results in any acquisitions, sale of control or assets, merger,
consolidation, joint venture or partnership arrangements or incorporate any subsidiary or pass any
resolution relating to reduction of share capital, dissolution or liquidation;

               (e) Increase or decrease the authorized share capital of the Company;

               (f) Adversely alter or change the rights, preferences or privileges of the Series A Shares,
Series B Shares, Series C Shares or Series C-1 Shares, or create (by reclassification or otherwise)
any new class or series of shares having rights, preferences or privileges senior to or on a parity
with the Series A Shares, Series B Shares, Series C Shares or Series C-1 Shares, as the case may
be;

               (g) Amend or waive any provision of the Memorandum or Articles in a manner that would
adversely alter or change the rights, preferences or privileges of the Series A Shares, Series B
Shares, Series C Shares or Series C-1 Shares, as the case may be;

               (h) Increase or decrease the authorized size of the Board or any
committee thereof;

               (i) Approve any issuance of equity securities by any member of the
Group Company or any investment, or divestiture or sale of any interest, in any member of the
Group Company;

               (j) Incur any indebtedness or assume any financial obligation or issue,
assume, guarantee or create any liability for borrowed money in excess of US$250,000 in aggregate
at any time outstanding;

               (k) Sell all or substantially all of the Company’s intellectual property, or
grant licensing right to all or substantially all of the Company’s intellectual property to a third
party; or

               (l) the liquidation or dissolution of any Group Company.

     7.3. Super Majority Board Consent. For so long as at least 1,000,000 Series C
Shares or Series C-1 Shares, 1,000,000 Series B Shares or 1,000,000 Series A Shares remain
outstanding, in addition to any other vote or consent required herein or in the Memorandum and
Articles, the Company shall not take any of the following actions without the consent of at least
two-thirds majority of the Board (including the affirmative votes of the Series A Director so long
as at least 1,000,000 Series A Preferred Shares remain outstanding, the Series B Director so long
as at least 1,000,000 Series B Preferred Shares remain outstanding, and the Series C Director so
long as at least 1,000,000 shares of the Series C Shares or Series C-1 Shares remain outstanding):

28

 

               (a) unless otherwise provided for in the Company’s annual budget, the incurrence of
indebtedness in excess of US$100,000 by the Company individually or in the aggregate during any
fiscal year;

               (b) unless otherwise provided for in the Company’s annual budget, the purchase or lease by the
Company of any asset valued in excess of US$100,000 individually or in the aggregate during any
fiscal year;

               (c) unless otherwise provided for in the Company’s annual budget, the investment by the
Company in any other entity in excess of US$100,000 individually or in the aggregate during any
fiscal year;

               (d) unless otherwise provided for in the Company’s annual budget, the increase in compensation
of any of the five (5) most highly compensated employees of the Company by more than 10% in a
twelve (12) month period;

               (e) any incurrence of any security interest, lien or other encumbrance on any assets of the
Company;

               (f) the approval or amendment of the Company’s annual budget;

               (g) the adoption or amendment of any employee stock option plan of the Company or any award
agreement between the Company and any employees, directors or consultants regarding grant of any
options under such plan;

               (h) the approval of or any material change in the Company’s business
plan;

               (i) the approval of any transaction or series of transactions between the
Company and any shareholder, director, officer or employee of the Company or their Affiliates, any
Affiliates of the Company, or any shareholder, director, officer or employee of such Affiliates of
the Company (except for transactions between Group Companies, provided such Group Companies provide
consolidated financial statements); or

               (j) the appointment or removal of the Chief Executive Officer, the Chief
Financial Officer, and Chief Accountant of the Company.

8. GENERAL PROVISIONS.

     8.1. Notices. Except as may be otherwise provided herein, all notices, requests,
waivers and other communications made pursuant to this Agreement shall be in writing and shall be
conclusively deemed to have been duly given (a) when hand delivered to the other party, upon
delivery; (b) when sent by facsimile at the number set forth in Exhibit C hereto, upon
receipt of confirmation of error-free transmission; (c) seven (7) business days after deposit in
the mail as air mail or certified mail, receipt requested, postage prepaid and addressed to the
other party as set forth in Exhibit C; or (d) three (3) business days after deposit with an
international overnight delivery service, postage prepaid, addressed to the parties as set forth in
Exhibit C with next business day delivery guaranteed, provided that the sending party
receives a confirmation of delivery from the delivery service provider.

               Each person making a communication hereunder by facsimile shall promptly confirm by telephone
to the person to whom such communication was addressed each

29

 

communication made by it by facsimile pursuant hereto but the absence of such confirmation shall
not affect the validity of any such communication. A party may change or supplement the addresses
given above, or designate additional addresses, for purposes of this Section 8.1 by giving the
other party written notice of the new address in the manner set forth above.

     8.2. Entire Agreement. This Agreement, the Series C-1 Share Purchase Agreement, and
any other Transaction Agreements (as defined in the Series C-1 Share Purchase Agreement), together
with all the exhibits hereto and thereto, constitute and contain the entire agreement and
understanding of the parties with respect to the subject matter hereof and supersedes any and all
prior negotiations, correspondence, agreements, understandings, duties or obligations between the
parties respecting the subject matter hereof. Without limiting the generality of the foregoing,
this Agreement supersedes, in its entirety, the Series C Shareholders Agreement, which shall be
null and void and have no force or effect whatsoever as of the date of this Agreement. The parties
hereto hereby irrevocably waive any and all rights that they may have against any other party under
the Series C Shareholders Agreement.

     8.3. Governing Law. This Agreement shall be governed by and construed exclusively in
accordance with the internal laws of the State of California without giving effect to any choice
of law rule that would cause the application of the laws of any jurisdiction other than the
internal laws of the State of California to the rights and duties of the parties hereunder.

     8.4. Severability. If any provision of this Agreement is found to be invalid or
unenforceable, then such provision shall be construed, to the extent feasible, so as to render the
provision enforceable and to provide for the consummation of the transactions contemplated hereby
on substantially the same terms as originally set forth herein, and if no feasible interpretation
would save such provision, it shall be severed from the remainder of this Agreement, which shall
remain in full force and effect unless the severed provision is essential to the rights or
benefits intended by the parties. In such event, the parties shall use best efforts to negotiate,
in good faith, a substitute, valid and enforceable provision or agreement which most nearly
effects the parties’ intent in entering into this Agreement.

     8.5. Third Parties. Nothing in this Agreement, express or implied, is intended to
confer upon any person, other than the parties hereto and their permitted successors and assigns
any rights or remedies under or by reason of this Agreement.

     8.6. Successors and Assigns. Subject to the provisions of Section 5.1, the provisions
of this Agreement shall inure to the benefit of, and shall be binding upon, the successors and
permitted assigns of the parties hereto.

     8.7. Interpretation; Captions. This Agreement shall be construed according to its
fair language. The rule of construction to the effect that ambiguities are to be resolved against
the drafting party shall not be employed in interpreting this Agreement. The captions to sections
of this Agreement have been inserted for identification and reference purposes only and shall not
be used to construe or interpret this Agreement. Unless otherwise expressly provided herein, all
references to Sections and Exhibits herein are to Sections and Exhibits of this Agreement.

     8.8. Counterparts; Facsimile. This Agreement may be executed and delivered by
facsimile signature in any number of counterparts, each of which shall be deemed an original, but
all of which together shall constitute one and the same instrument.

30

 

     8.9. Adjustments for Share Splits, Etc. Wherever in this Agreement there is a
reference to a specific number of shares of Preferred Shares or Common Shares of the Company,
then, upon the occurrence of any subdivision, combination or share dividend of the Preferred
Shares or Common Shares, the specific number of shares so referenced in this Agreement shall
automatically be proportionally adjusted to reflect the effect on the outstanding shares of such
class or series of shares by such subdivision, combination or share dividend.

     8.10. Aggregation of Shares. All Preferred Shares or Common Shares held or acquired
by Affiliated entities or persons (as defined in Rule 144 under the Securities Act) shall be
aggregated together for the purpose of determining the availability of any rights under this
Agreement.

     8.11. Dispute Resolution.

               (a) Negotiation Between Parties. The parties agree to negotiate in good faith to
resolve any dispute between them regarding this Agreement. If the negotiations do not resolve the
dispute to the reasonable satisfaction of all parties within thirty (30) days, subsection (b)
below shall apply.

               (b) Arbitration. In the event the parties are unable to settle a dispute between them
regarding this Agreement in accordance with subsection (a) above, any such dispute shall be
referred to and finally settled by arbitration at the Hong Kong International Arbitration Centre
under the Rules of Conciliation and Arbitration of the International Chamber of Commerce at the
arbitral situs of Hong Kong (the “ICC Rules”) in effect, which rules are deemed to be incorporated
by reference into this subsection (b). The arbitration tribunal shall consist of three (3)
arbitrators to be appointed according to the ICC Rules. The language of the arbitration shall be
English. The parties understand and agree that this provision regarding arbitration shall not
prevent any party from pursuing preliminary equitable or injunctive relief in a judicial forum
pending arbitration in order to compel another party to comply with this provision, to preserve
the status quo prior to the invocation of arbitration under this provision, or to prevent or halt
actions that may result in irreparable harm. A request for such equitable or injunctive relief
shall not waive this arbitration provision. The arbitrators shall decide any dispute submitted by
the parties to the arbitration strictly in accordance with the substantive law of the State of
California and shall not apply any other substantive law. Each party hereto shall cooperate with
the other in making full disclosure of and providing complete access to all information and
documents requested by the other in connection with such arbitration proceedings, subject only to
any confidentiality obligations binding on such party. The award of the arbitration tribunal shall
be final and binding upon the disputing parties, and either party may apply to a court of
competent jurisdiction for enforcement of such award.

               (c) The arbitrators shall decide any dispute submitted by the parties to the arbitration
strictly in accordance with the substantive law of the State of California and shall not apply any
other substantive law.

               (d) Each party hereto shall cooperate with the other in making full disclosure of and
providing complete access to all information and documents requested by the other in connection
with such arbitration proceedings, subject only to any confidentiality obligations binding on such
party.

31

 

               (e) The award of the arbitration tribunal shall be final and binding upon the disputing
parties, and either party may apply to a court of competent jurisdiction for enforcement of such
award. The parties agree that the award of the arbitrator(s): shall be the sole and exclusive
remedy between them regarding any claims, counterclaims, issues or accountings presented or pled to
the arbitrator(s); that it shall be made and shall promptly be payable in U.S. dollars free of any
tax, deduction or offset; and that any costs, fees or taxes incident to enforcing the award shall,
to the maximum extent permitted by law, be charged against the party resisting such enforcement.

               (f) The award shall include interest from the date of any damages incurred for breach or other
violation of the contract, and from the date of the award until paid in full, at a rate to be fixed
by the arbitrator(s), but in no event less than the prime commercial lending rate announced by
JPMorgan Chase at their principal office(s) in New York City for 90-day loans for responsible and
substantial commercial borrowers.

               (g) All notices by one party to the other in connection with the arbitration shall be in
writing and shall be deemed to have been duly given or made if delivered or mailed by registered
air mail, return receipt requested, or by telex, to the parties’ addresses on Exhibit C as
may be updated from time to time upon notice.

               (h) The parties agree to hold all arbitration proceedings in the strictest
confidence, including without limitation the existence of the arbitration proceedings itself,
except when required to obtain preliminary equitable or injunctive relief, or otherwise within a
court of competent jurisdiction for the purposes of enforcing the award of the arbitration
tribunal.

               (i) If any party to this Agreement seeks to enforce its rights under this
Agreement by legal proceedings, the non-prevailing party shall pay all costs and expenses incurred
by the prevailing party, including, without limitation, all reasonable attorneys’ fees.

     8.12. Confidentiality.

               (a) Disclosure of Terms. The terms and conditions of the Transaction Agreements, any
term sheet or memorandum of understanding entered into pursuant to the transactions contemplated
hereby, all exhibits and schedules attached hereto and thereto, and the transactions contemplated
hereby and thereby (collectively, the “Transaction Terms”), including their existence, shall be
considered confidential information and shall not be disclosed by any party hereto to any third
party except as permitted in accordance with the provisions set forth below.

               (b) Permitted Disclosures. Notwithstanding the foregoing, the Company may disclose (i)
the existence of the investment to its bona fide prospective investors, employees, bankers,
lenders, accountants, legal counsels and business partners, or to any person or entity to which
disclosure is approved in writing by the Investors, such approval not to be unreasonably withheld;
and (ii) the Transaction Terms to its current shareholders, employees, bankers, lenders,
accountants and legal counsels, in each case only where such persons or entities are under
appropriate nondisclosure obligations substantially similar to those set forth in this Section
8.12, or to any person or entity to which disclosure is approved in writing by the Investors,
which such approval is not to be unreasonably withheld. The Investors may disclose (i) the
existence of the investment and the Transaction Terms to any Affiliate, partner, limited partner,
former partner, potential partner or potential limited partner

32

 

of the Investors or other third parties and (ii) the fact of the investment to the public, in each
case as it deems appropriate in its sole discretion. Any Party hereto may also provide disclosure
in order to comply with applicable Laws, as set forth in Section 8.12(c) below.

               (c) Legally Compelled Disclosure. In the event that any Party is requested or becomes
legally compelled (including without limitation, pursuant to any applicable tax, securities, or
other Laws and regulations of any jurisdiction) to disclose the existence of this Agreement or
content of any of the Transaction Terms, such party (the “Disclosing Party”) shall provide the
other parties with prompt written notice of that fact and shall consult with the other parties
regarding such disclosure. At the request of another party, the Disclosing Party shall, to the
extent reasonably possible and with the cooperation and reasonable efforts of the other parties,
seek a protective order, confidential treatment or other appropriate remedy. In any event, the
Disclosing Party shall furnish only that portion of the information that is legally required and
shall exercise reasonable efforts to obtain reliable assurance that confidential treatment will be
accorded such information.

               (d) Other Exceptions. Notwithstanding any other provision of this Section
8.12, the confidentiality obligations of the parties shall not apply to: (i) information which
a restricted party learns from a third party having the right to make the disclosure, provided the
restricted party complies with any restrictions imposed by the third party; (ii) information which
is rightfully in the restricted party’s possession prior to the time of disclosure by the protected
party and not acquired by the restricted party under a confidentiality obligation; or (iii)
information which enters the public domain without breach of confidentiality by the restricted
party.

               (e) Press Releases, Etc. No announcements regarding the Investors’ investment in the
Company may be made by any party hereto in any press conference, professional or trade publication,
marketing materials or otherwise to the public without the prior written consent of the Investors
and the Company, provided, that any such announcement made by any partner, limited partner, bona
fide potential partner or bona fide potential limited partner of the Investors shall not be subject
to the consent of the Company.

               (f) Other Information. The provisions of this Section 8.12 shall terminate
and supersede the provisions of any separate nondisclosure agreement executed by any of the
Parties with respect to the transactions contemplated hereby.

     8.13. Conflict with Articles of Association. In the event of any conflict or
inconsistency between the provisions of this Agreement and the provisions of the Company’s
Memorandum and Articles or other constitutional documents, the terms of this Agreement shall
prevail as between the shareholders of the Company only. The Investors, the Founders’ HoldCo and
the Founders shall, notwithstanding the conflict or inconsistency, act so as to effect the intent
of this Agreement to the greatest extent possible under the circumstances and shall promptly amend
the conflicting constitutional documents to conform to this Agreement to the greatest extent
possible.

     8.14. Holding Companies. Each of the Founders who are natural persons shall procure
the Founders’ HoldCo to fully comply with and perform all of the obligations, covenants,
undertakings and commitments of such corporate shareholder under this Agreement.

33

 

     8.15. Effectiveness. Notwithstanding any of the provisions in this Agreement, this
Agreement shall not be effective for either GSR Ventures II, L.P. or GSR Associates II, L.P.
(together, “GSR”) until the signature pages of GSR are accompanied by a seal or chop of the general
partner of GSR.

[Signature pages to follow]

34

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	THE COMPANY:
	 
	 	 	 	 	 	 
	 	 	NETQIN MOBILE INC.
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Yu Lin
 

Yu Lin
	 	 
	 

	 	Title:
	 	Chairman and Chief Executive Officer	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	FOUNDERS’ HOLDCO:

RPL HOLDINGS LIMITED

 	 
	 	By: 	/s/ Yu Lin
 	 
	 	Name: 	Yu Lin 	 
	 	Title: 	Director 	 
	 

SIGNATURE
PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES A INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Ventures II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James Ding
	 	
	 

	 	 	 	 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Associates II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By.
	 	GSR Partners II, Ltd.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James Ding
	 	
	 

	 	 	 	 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 

SIGNATURE
PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES A INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SEQUOIA CAPITAL CHINA I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PARTNERS FUND I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PRINCIPALS FUND I, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Sequoia Capital China Management I, L.P.	 	 
	 

	 	 	 	A Cayman Islands Exempted limited partnership	 	 
	 

	 	 	 	General Partner of Each	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SC China Holding Limited	 	 
	 

	 	 	 	A Cayman Islands limited liability company	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	Name:
	 	/s/ Jimmy Wong
 

Jimmy Wong
	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES B INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	Ceyuan Ventures I,
L.P.	 	 
	 

	 	By:
	 	Ceyuan Ventures Management, LLC	 	 
	 

	 	Its: 		General Partner	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Feng Bo  

	 	 
	 

	 	Executive Managing Director	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	Ceyuan Ventures
Advisors Fund, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Feng Bo  
	 	 
	 

	 	Executive Management Director	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES B INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	FIDELITY ASIA VENTURES FUND, L.P.	 	 
	 	 	By: Fidelity Asia Partners, L.P., its General Partner	 	 
	 	 	By: FIL Asia Ventures Limited, its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Christopher Brealey
 

	 	 
	 	 	Name: Christopher Brealey	 	 
	 	 	Title: Director	 	 
	 
	 	 	 	 	 	 
	 	 	FIDELITY ASIA PRINCIPALS FUND, L.P.	 	 
	 	 	By: Fidelity Asia Partners, L.P., its General Partner	 	 
	 	 	By: FIL Asia Ventures Limited, its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Christopher Brealey
 

	 	 
	 	 	Name: Christopher Brealey	 	 
	 	 	Title: Director	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives
to execute this Agreement as of the date and year first above written. ‘

	 	 	 	 	 	 	 

	 	 	SERIES B INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Ventures II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James Ding
	 	
	 

	 	 	 	 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Associates II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James Ding
	 	
	 

	 	 	 	 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES B INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SEQUOIA CAPITAL CHINA I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PARTNERS FUND I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PRINCIPALS FUND I, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Sequoia Capital China Management I, L.P.	 	 
	 

	 	 	 	A Cayman Islands Exempted limited partnership	 	 
	 

	 	 	 	General Partner of Each	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SC China Holding Limited	 	 
	 

	 	 	 	A Cayman Islands limited liability company	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	Name:
	 	/s/ Jimmy Wong
 

Jimmy Wong
	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SMOOTH FLOW LIMITED	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Jun Zhang  
	 	 
	 

	 	Name:
	 	Jun Zhang 

	 	 
	 

	 	 	 	 	 	 

 SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	Ceyuan Ventures I, L.P.	 	 
	 

	 	By:	 	Ceyuan Ventures Management, LLC	 	 
	 

	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Feng Bo

	 	 
	 	 	Executive Managing Director	 	 
	 
	 	 	 	 	 	 
	 	 	Ceyuan Ventures Advisors Fund, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Feng Bo

	 	 
	 

	 	Executive Managing Director

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorised
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Ventures II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	
	 

	 	By:
	 	/s/ James Ding
 

Authorized Signatory

	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Associates II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	
	 

	 	By:
	 	/s/
James Ding
 

Authorized Signatory

	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives
to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C-l INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	Ceyuan Ventures, I, L.P.	 	 
	 

	 	By:
	 	Ceyuan Ventures Management, LLC	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/  Feng Bo
 

Executive Managing Director
	 	 
	 
	 	 	 	 	 	 
	 	 	Ceyuan Ventures Advisors Fund, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/  Feng Bo
 

Executive Managing Director
		

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives
to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C-1 INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	ASIA VENTURES II L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Christopher Brealey
 

	 	 
	 	 	Name: Christopher Brealey	 	 
	 	 	Title: Director	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Asia Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	FIL Capital Management Limited 
as General Partner	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C-l INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Ventures II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/  James Ding
 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Associates II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/  James Ding
 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	Banean Holdings Ltd	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/  Waiping Leong
 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives
to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C-1 INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SEQUOIA CAPITAL CHINA I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PARTNERS FUND I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PRINCIPALS FUND I, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Sequoia Capital China Management I, L.P.	 	 
	 

	 	 	 	A Cayman Islands Exempted limited partnership	 	 
	 

	 	 	 	General Partner of Each	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SC China Holding Limited	 	 
	 

	 	 	 	A Cayman Islands limited liability company	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	
	 	/s/ Jimmy Wong
 

	 	 
	 	 	Name: Jimmy Wong	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives
to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C-l INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	PACIFIC GROWTH VENTURES, L.P.	 	 
	 	 	By: Pacific Growth Advisors, LDC, its General Partner
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Ben Yang
 

	 	 
	 

	 	Name:
	 	Ben Yang
	 	 
	 

	 	 	 	Authorized Signatory	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives
to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C-l INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	H.T.C. (B.V.I.) CORP.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	/s/ Cher Wang
 

	 	 
	 	 	Name: Cher Wang	 	 
	 	 	Title: Director	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives
to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C-l INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	QUALCOMM Incorporated	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	/s/ Quinn Li
 

	 	 
	 	 	Name: Quinn Li	 	 
	 	 	Title: Senior Director, Ventures	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives
to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C-l INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	CMC CAPITAL INVESTMENTS, L.P.	 	 
	 	 	By: Pacific Venture Group, LDC, its General Partner
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Chen-Wen Tarn
 

	 	 
	 	 	Name: 	 	Chen-Wen Tarn 	 	 
	 

	 	 	 	Authorized Signatory	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 

	 

	SERIES C-l INVESTORS:	 	 
	 

	MONTFORD CONSULTING LTD.	 	 
	 

	By: 	/s/ Chen-Wen Tarn
	 	 
	 

	Name:	Chen-Wen Tarn

Authorized Signatory	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C-l INVESTORS:	 	 
	 	 	SEQUOIA CAPITAL CHINA I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PARTNERS FUND I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PRINCIPALS FUND I, L.P.	 	 
	 

	 	By:
	 	Sequoia Capital China Management I, L.P. 

A Cayman Islands Exempted limited partnership
 General
Partner of Each	 	 
	 

	 	By:
	 	SC China Holding Limited

A Cayman Islands limited liability company
 Its
General Partner	 	 
	 

	 	Name:
	 	/s/ Jimmy Wong
 

Jimmy Wong
	 	 

SIGNATURE
PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	DOMESTIC ENTERPRISE:
 

BEIJING NETQIN TECHNOLOGY CO., LTD. (seal)

 
 	 
	 	By:  	/s/ Lin Yu
 	 
	 	Name: Lin Yu	 
	 
	 
	 	PRC SUBSIDIARY:
 

NETQIN MOBILE (BEIJING) TECHNOLOGY CO., LTD (seal)

 
 
 	 
	 	By:  	/s/ Lin Yu
 	 
	 	Name: Lin Yu	 
	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 

	 

	 	FOUNDERS:	 	 
	 

	 	/s/ Lin Yu
 

LinYu ()
	 	 
	 

	 	/s/ Shi Wenyong
 

Shi Wenyong ()
	 	 
	 

	 	/s/ Zhou Xu
 

Zhou Xu ()
	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S THIRD AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

 

EXHIBIT A

Schedule of Founders

Founders

LIN YU
()

with the PRC ID Number of 352124197612060013

SHI
WENYONG ()

with the PRC ID Number of 352124197711280513

ZHOU XU
()

with the PRC ID Number of 110104690310301

 

 

EXHIBIT B-1

Schedule of Series A Investors

	 	 	 	 	 
	Series A Investors	 	Number of Series A Shares	 
	GSR Ventures II, L.P.
	 	 	21,226,415	 
	GSR Associates II, L.P.
	 	 	1,273,585	 
	Sequoia Capital China I, L.P.
	 	 	8,466,700	 
	Sequoia Capital China Partners Fund I, L.P.
	 	 	972,875	 
	Sequoia Capital China Principals Fund I, L.P.
	 	 	1,310,425	 
	Total:
	 	 	33,250,000	 

 

 

EXHIBIT B-2

Schedule of Series B Investors

	 	 	 	 	 
	Series B Investors	 	Number of Series B Shares	 
	Ceyuan Ventures I, L.P.
	 	 	18,985,191	 
	Ceyuan Ventures Advisors Fund, LLC
	 	 	853,044	 
	Fidelity Asia Ventures Fund, L.P.
	 	 	5,926,072	 
	Fidelity Asia Principals Fund, L.P.
	 	 	220,987	 
	GSR Ventures II, L.P.
	 	 	4,855,716	 
	GSR Associates II, L.P.
	 	 	291,343	 
	Sequoia Capital China I, L.P.
	 	 	2,988,247	 
	Sequoia Capital China Partners Fund I, L.P.
	 	 	343,368	 
	Sequoia Capital China Principals Fund I, L.P.
	 	 	462,503	 
	Total:
	 	 	34,926,471	 

 

 

EXHIBIT B-3

Schedule of Series C Investors

	 	 	 	 	 
	Series C Investors	 	Number of Series C Shares	 
	Smooth Flow Limited
	 	 	17,463,235	 
	Ceyuan Ventures I, L.P.
	 	 	5,013,695	 
	Ceyuan Ventures Advisors Fund, LLC
	 	 	225,276	 
	GSR Ventures II, L.P.
	 	 	6,589,900	 
	GSR Associates II, L.P.
	 	 	395,394	 
	Total:
	 	 	29,687,500	 

 

 

EXHIBIT B-4

Schedule of Series C-1 Investors

(Subsequent Closing on December 8, 2010)

	 	 	 	 	 
	Series C Investors	 	Number of Series C-1 Shares	 
	Pacific Growth Ventures, L.P.
	 	 	1,039,478	 
	Sequoia Capital China I, L.P.
	 	 	1,099,808	 
	Sequoia Capital China Partners Fund I, L.P.
	 	 	126,375	 
	Sequoia Capital China Principals Fund I, L.P.
	 	 	170,222	 
	GSR Ventures II, L.P.
	 	 	2,421,944	 
	GSR Associates II, L.P.
	 	 	145,317	 
	Banean Holdings Ltd
	 	 	52,393	 
	Ceyuan Ventures I, L.P.
	 	 	1,815,320	 
	Ceyuan Ventures Advisors Fund, LLC
	 	 	81,566	 
	Asia Ventures II L.P.
	 	 	464,975	 
	H.T.C. (B.V.I.) CORP.
	 	 	2,969,938	 
	QUALCOMM Incorporated
	 	 	3,267,530	 
	CMC Capital Investments, L.P.
	 	 	2,613,560	 
	Montford Consulting Ltd.
	 	 	504,875	 
	Total
	 	 	16,773,301	 

 

 

EXHIBIT C

Notices

To Group Companies, Founders, and Founders’ HoldCo:

Building 4, 11 East Hepingli Street, Dongcheng District, Beijing, P.R.China, 100013

Fax: 8610-85655518

Tel: 8610-85655555

Attention: Wenyong Shi

To Smooth Flow Limited:

Beida Qingdao Building, Room B302, No. 207 Cheng Fu Road, Haidian District, Beijing,
China

Fax: 82615888-2171 and 62617687

Attention: Yan Yu

To GSR:

101 University Ave., 4F, Palo Alto, CA 94301, USA

Fax: +1-650-331-7301

Attention: James Ding

To Sequoia:

Suite 2408, Air China Plaza,

36 Xiaoyun Road, Beijing, China, 100027

Fax: 8610-84475669

Attn: Shauna Xie

To Ceyuan:

M&C
Corporate Services Limited, Ugland House, P.O. Box 309GT, Grand Cayman, Cayman Islands

With a copy to:

No. 35 Qin Lao Hutong, Dongcheng District, Beijing, 100009 P.R.C.

Tel: 86 10 84028800

Fax: 86 10 84020999

Attention: Mr. Zhao Weiguo

To Fidelity:

Fidelity Asia Ventures Fund, L.P. / Fidelity Asia Principals Fund, L.P. / Asia Ventures II L.P.

C/O FIL Capital Management (Hong Kong) Limited

Suite 7013-7015, 70th Floor Two International Finance Center,

8 Finance Street Central, Hong Kong

Tel: 852-2629-2800 (main)/852-2629-2835(direct)

Fax: 852-2509-0371

Attn: Benson Tam, Partner

 

 

To Pacific Growth Ventures, L.P.:

Walker House, Mary Street, PO Box 265, Grand Cayman KY1-9001, Cayman Islands

Fax: +86-21-52925822

Attention: Ben Yang

To H.T.C. (B.V.I.) CORP.:

Address: 3rd Floor, Omar Hodge Building, Wickhams Cay I, P.O. Box 362, Road Town,

Tortola, British Virgin Islands

Phone: +886 3 375 3252 ext 6197

Email: yvonne_chen@htc.com

Attn:: Ms. Yvonne Chen

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