Document:

EX-4.2

 EXHIBIT 4.2 

Signed Version 

FRAMEWORK COMPREHENSIVE SERVICES AGREEMENT 

18 October 2013 

 TABLE OF CONTENTS 

 

							
	 ARTICLE 1
	  	DEFINITIONS	  	 	1	  
			
	 ARTICLE 2
	  	SCOPE OF COMPREHENSIVE SERVICES	  	 	3	  
			
	 ARTICLE 3
	  	UNDERTAKINGS AND WARRANTIES	  	 	3	  
			
	 ARTICLE 4
	  	TRANSPORTATION SERVICES	  	 	5	  
			
	 ARTICLE 5
	  	RAILWAY RELATED SERVICES	  	 	7	  
			
	 ARTICLE 6
	  	OTHER	  	 	9	  
			
	 ARTICLE 7
	  	LIABILTIES FOR BREACH OF CONTRACTS	  	 	9	  
			
	 ARTICLE 8
	  	FORCE MAJEURE	  	 	10	  
			
	 ARTICLE 9
	  	ANNOUNCEMENT	  	 	10	  
			
	 ARTICLE 10
	  	MISCELLANEOUS PROVISIONS	  	 	10	  

 This Framework Comprehensive Services Agreement (hereinafter referred to as “this
Agreement”) is entered into this eighteenth day of October, 2013 by and between: 
 1. GUANGZHOU RAILWAY (GROUP) COMPANY
(hereinafter referred to as “Party A”), a company registered in Guangzhou with its enterprise legal person business license number being 440000000069397 and its legal address being at No. 151 First Zhongshan Road, Yuexiu
District, Guangzhou. 
 2. GUANGSHEN RAILWAY COMPANY LIMITED (hereinafter referred to as “Party B”), a joint stock limited
company registered in Shenzhen of Guangdong Province with its public shares being listed on the Stock Exchange of Hong Kong (hereinafter referred to as “HKSE”) and Shanghai Stock Exchange of the PRC and its American depositary
receipts being listed on New York Stock Exchange, its enterprise legal person business registration number being 440301103661840 and its legal address being at No. 1052 Heping Road, Shenzhen. 

Each party of this Agreement shall hereinafter be referred to individually as a “Party” and collectively as the
“Parties”. 
 Whereas: 

1 As at the date of this Agreement, Party A holds 37.12% of the issued shares of Party B, and is the largest shareholder of Party B. 

2 Party A and its subsidiaries (“Party A Group”) and Party B entered into the Framework Comprehensive Services Agreement dated
27 October 2010 in relation to the mutual provision of services by Party A Group and Party B and its subsidiaries (“Party B Group”). Such Framework Comprehensive Services Agreement shall expire on 31 December 2013. 

3 The Parties hereby agree to enter into this Agreement in relation to the mutual provision of services by Party A Group and Party B Group. For
the purpose of the better provision of transportation services, railway infrastructures and equipment repairs, locomotive and train repairs, purchase and sale services of railway related materials, security, hygiene and epidemic prevention, property
management and building maintenance, project construction, management and supervision services so as to ensure the normal operation of the transportation business of the Parties. The Parties hereby reach the following agreement after negotiation
based on the principle of equality: 
 ARTICLE 1 DEFINITIONS 

1.1 In this Agreement, the following expressions shall have the following meanings, unless the context requires otherwise: 

 

			
	“Approvals”	  	any examination approval, approval, license, allowance, filing, certificate, notice, permit, approval document, authorization, consent, concession, waiver, file or registration;
		
	“Independent Third Party”	  	in respect of either Party hereto, means any person not being the connected person/ related party of such Party;
		
	“Stock Exchange Listing Rules”	  	means the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, as amended from time to time;
		
	“SSE Listing Rules”	  	means the Rules Governing the Listing of Stocks on Shanghai Stock Exchange, as amended from time to time;

  
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	 “day”
	  	means working day, i.e. any day on which the companies in the PRC are generally open for business, including a Saturday or Sunday which the PRC government temporarily declares to be a working day (“Working Rest
Day”), but excluding a statutory holiday and a Saturday or Sunday other than a Working Rest Day;
		
	 “subsidiary”
	  	has the meaning ascribed to “subsidiary” by the Stock Exchange Listing Rules in force from time to time;
		
	 “accounting year”
	  	means 1 January to 31 December of every year;
		
	 “force majeure event”
	  	means any event occurred after date of this Agreement and beyond reasonable control of, unforeseen by or even if foreseen cannot be avoided and overcome by the affected Party, rendering the performance of all or part of the
obligations of such Party hereunder objectively impossible or impractical (including but not limited to failure of performance with reasonable expenses). Such events include but not limited to any government authority act (whether valid or invalid),
fire, flood, storm, riot, explosion, natural hazard, war, destruction, labor problem (including lockout, strike and slowdown), and court injunction or ruling;
		
	 “PRC”
	  	means the People’s Republic of China, and for the purpose of this Agreement excludes Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan;
		
	 “Hong Kong”
	  	means the Hong Kong Special Administrative Region of the PRC;
		
	 “laws”
	  	means the laws, statues, regulations, ordinances and legislations, or notices, orders, decisions or other official documents issued by administrative or judicial authorities in the PRC, and the relevant requirements of the
regulatory authority of its place of listing which Party B shall be subject to.

 Unless otherwise provided for herein: 

any laws referred to in this Agreement shall include such laws as amended, compiled or re-enacted from time to time; 

 

	 	(1)	The word “company” shall be construed as including any company, enterprise or other legal person wherever established and in any form; 

 

	 	(2)	The word “person” shall be construed as including any individual, firm, government, state or state agency or any joint venture, association or partnership (whether with the status of an independent legal
person status or not); 

  

	 	(3)	The headings in this Agreement are for convenience of reference only and shall not constitute a part of this Agreement, nor shall they limit, change, expand or otherwise affect the construction of any term hereof;

  

	 	(4)	The documents cited in this Agreement shall constitute an integral part of this Agreement; 

  
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	 	(5)	A reference to a Party to this Agreement or a party to other agreement, agreement or document shall include its successors and permitted assigns; 

 

	 	(6)	Unless otherwise specified, any reference to Party A herein shall include any member of Party A Group (other than Party B Group); any reference to Party B herein shall include any member of Party B Group.

 ARTICLE 2 SCOPE OF COMPREHENSIVE SERVICES 

The services to be mutually provided by Party B and Party A hereunder shall include transportation services, railway related services and other
services that are consistent with the purposes of this Agreement (hereinafter collectively referred to as the “Comprehensive Services”). 

ARTICLE 3 UNDERTAKINGS AND WARRANTIES 

The Parties are duly incorporated and validly existing under the laws of their places of incorporation. 

The Parties have taken all necessary actions and (unless otherwise expressly provided herein) obtained all consents, approval documents,
authorizations and permits required for entering into this Agreement. The entering into of this Agreement shall not violate (i) the Articles of Association of the Parties, (ii) any other agreements or obligations of the Parties, or
(iii) any existing laws, statues or orders in the PRC or other relevant places. The representatives of the Parties to sign this Agreement have been duly authorized to sign this Agreement. 

The Parties undertake to conduct and procure their respective subsidiaries to conduct all such necessary acts or matters that are required (or
not to conduct all such acts or matters that should not be conducted) for their due performance of obligations hereunder. If at any time during the term of this Agreement, any Party requests any subsidiary of the other Party to sign a separate
specific implementation or supplemental agreement on the implementation of this Agreement by such subsidiary subject to this Agreement, the Parties warrant to procure the signing of such agreement between the relevant subsidiary and the other Party
in the form required. 
 The Parties undertake and warrant that they are authorized to sign this Agreement. 

Party A agrees to provide services to and accept services provided by Party B in accordance with the requirements of this Agreement, and for
that purpose, hereby undertakes and warrants to Party B as follows: 
  

	 	(1)	Party A undertakes and warrants to guarantee the quality of the Comprehensive Services provided, and that such quality shall not be inferior to the level of the same type of services provided by Party A to Independent
Third Party after this Agreement becoming effective. 

  

	 	(2)	Party A warrants that the service quality of the Comprehensive Services to be provided by it to Party B shall be guaranteed, and that the Comprehensive Services shall be provided with priority to Party B at the most
competitive quality and price then available. 

 Party B agrees to accept services provided by and provide services to Party A
in accordance with the requirements of this Agreement, and undertakes and warrants to Party A as follows: 
  

	 	(1)	Party B undertakes and warrants that the service quality of the Comprehensive Services to be provided by it to Party A shall be guaranteed, and the Comprehensive Services shall be provided with priority to Party A at
the most competitive quality and price then available. 

  
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	 	(2)	Party B undertakes and warrants that the quality of the Comprehensive Services provided shall not be inferior to the level of the same type of services enjoyed by Party B prior to the effective date of this Agreement,
and shall not be inferior to the level of the same type of services provided by Party B to Independent Third Party after the effective date of this Agreement. 

  

	 	(3)	Unless otherwise provided in other provisions herein, any fees payable by Party B shall, as agreed by the Parties, be prepaid by Party B to Party A on a monthly basis and settled on a quarterly basis. Party B warrants
that it shall pay the fees on the payment date and in the amount specified herein to Party A. 

 In order to ensure the
effective, timely and full implementation of this Agreement, the Parties shall co-operate with each other. Where there is any material change in the circumstances under which the services are provided that renders the failure of a Party to perform
its obligations hereunder, the Party shall promptly notify the other Party thereof. 
 The Parties agree to: provide relevant services to
each other, and settle in compliance with the scope of services, pricing principle and applicable industry settlement rules as provided in this Agreement. 

The Parties agree that: this Agreement shall be valid for a term of three years from 1 January 2014. 

The Parties confirm that the annual caps of the Comprehensive Services for 2014, 2015 and 2016 shall be: 

 

	 	(1)	The annual caps for 2014 shall amount to RMB7,514.04 million, of which: 

  

	 	(i)	RMB2,933.18 million shall be the annual caps for the transportation services provided to Party B by Party A; 

  

	 	(ii)	RMB1,981.84 million shall be the annual caps for the railway related services provided to Party B by Party A; 

  

	 	(iii)	RMB2,576.02 million shall be the annual caps for the transportation services provided to Party A by Party B; 

  

	 	(iv)	RMB23.00 million shall be the annual caps for the railway related services provided to Party A by Party B. 

  

	 	(2)	The annual caps for 2015 shall amount to RMB8,641.15 million, of which: 

  

	 	(i)	RMB3,373.16 million shall be the annual caps for the transportation services provided to Party B by Party A; 

  

	 	(ii)	RMB2,279.12 million shall be the annual caps for the railway related services provided to Party B by Party A; 

  

	 	(iii)	RMB2,962.42 million shall be the annual caps for the transportation services provided to Party A by Party B; 

  

	 	(iv)	RMB26.45 million shall be the annual caps for the railway related services provided to Party A by Party B. 

  
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	 	(3)	The annual caps for 2016 shall amount to RMB9,937.32 million, of which: 

  

	 	(i)	RMB3,879.13 million shall be the annual caps for the transportation services provided to Party B by Party A; 

  

	 	(ii)	RMB2,620.99 million shall be the annual caps for the railway related services provided to Party B by Party A; 

  

	 	(iii)	RMB3,406.78 million shall be the annual caps for the transportation services provided to Party A by Party B; 

  

	 	(iv)	RMB30.42 million shall be the annual caps for the railway related services provided to Party A by Party B. 

Subject to the terms and conditions of this Agreement, the respective subsidiaries of Party A and Party B may further enter into specific
contracts for each Comprehensive Service to stipulate its specific terms (including but not limited to forms of order and payment, etc.). Such specific contracts shall be in compliance with the principles, terms and conditions of this Agreement, and
the requirements of the relevant laws (including but not limited to the Stock Exchange Listing Rules and the SSE Listing Rules). 

ARTICLE 4 TRANSPORTATION SERVICES 

The transportation services to be provided by Party A to Party B shall include production co-ordination, safety management, dispatch and
scheduling services; leasing services of railway infrastructures and transportation equipment; railway communication services; railway network services; passenger services; cleaning services of locomotives and railway stations. 

 

	 	4.1.1	Production co-ordination, safety management, dispatch and scheduling services 

  

	 	(1)	Party A shall provide Party B with the correctly prepared working diagrams for scheduled trains and locomotives; organize the balanced operation of trains and ensure the supply of trains and locomotives; utilize trains
and locomotives economically and rationally, accelerate the turnover of trains and locomotives, and ensure the safe transportation; promptly and correctly handle relevant issues arising from the daily transportation operations so as to ensure the
normal use of trains and locomotives and provide other dispatch services. 

  

	 	(2)	The fees payable by Party B to Party A for the production co-ordination, safety management and dispatch and scheduling services shall be calculated according to the following formula: 

Fees payable by Party B for the production co-ordination, safety management and dispatch and scheduling services for any given year =
settlement unit price for converted turnover volume x converted turnover volume accomplished by Party B for such given year. 
 The
aforesaid “converted turnover volume” refers to the freight and passenger delivery volume calculated on the basis of freight delivery weight and mileage and passenger delivery number and mileage. The settlement unit price for converted
turnover volume is measured at 10,000 converted ton-kilometer. 

  
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	 	4.1.2	Leasing services of railway infrastructures and transportation equipment 

 Railway
infrastructures and transportation equipment shall include but not limited to: lands, production sites, locomotives and other production related facilities and equipment. 
  

	 	4.1.3	Railway communication services 

 Party A shall provide the communication services for
railway transportation to Party B. 
  

	 	4.1.4	Railway network services 

 The railway network services shall include (but not limited
to): passenger transportation services at railway stations including directing passengers’ entrance into railway stations, departure waiting at railway stations, ticket verification and train boarding, and water supply services to incoming and
outgoing trains; provision of railway track usage services; provision of locomotive traction and electricity supply services for both passenger and freight trains; ticket sale services, etc. 

 

	 	4.1.5	Passenger services 

  

	 	(1)	Party A shall provide passenger services to certain passenger trains operated by Party B, including but not limited to the sale of tickets and performance of train conductor services for, and operation of buffet
business and sale of train commodities related to the relevant contracted passenger train runs. 

  

	 	(2)	Revenues made by Party A from its sale and make-up sale of tickets for the relevant contracted passenger train runs shall be vested in Party B; expenses for the use and maintenance and repair of the contracted trains
and the train expenses stipulated by the applicable industry standards for such trains shall be paid by Party B; the train conductor services for the contracted trains shall be performed by Party A and the wages of the conductors and all the
expenses incurred in the provision of the contracted conductor services for the contracted trains shall be paid by Party A. Party A shall cause Party B to achieve the contracted ticket sales revenue target on the basis of safe transportation and
observance of railway code of ethics. 

  

	 	(3)	Party A shall have the right of use (but not the ownership) of the contracted trains. Any part shall not be added to or removed from the trains without the written consent from Party B. In case of any material damage to
or destruction of any train due to the occurrence of a force majeure event, Party A shall promptly notify Party B thereof. 

  

	 	4.1.6	Cleaning services of locomotives and railway stations 

  

	 	(1)	Party A shall provide cleaning services of locomotives and railway stations to Party B, the scope and standard of such services shall be determined by Party B. 

 

	 	(2)	Party B shall provide cleaning convenience to Party A, inspect and supervise the cleaning works, and conduct regular evaluation of the cleaning quality. 

  
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 The Parties undertake that the above-mentioned transportation services to be mutually provided
must comply with the applicable industry technical standards and requirements. Where no such relevant technical standards and requirements are available, such services must reach the service standards regularly applied in the railway industry. 

The rate of the fees payable for the transportation services to be provided to Party B by Party A shall be determined in order as follows:

  

	 	(1)	the fees shall be determined in accordance with the applicable industry settlement rules; 

  

	 	(2)	where no applicable industry settlement rules are unavailable, the fees shall be determined in accordance with the guidance prices set by the government; 

 

	 	(3)	if neither the applicable industry settlement rules nor the government guidance prices are available, the fees shall be determined based on the market prices after negotiation between the Parties, and the prices shall
be fixed on normal commercial terms or on terms no less favorable than those available to or from Independent Third Parties for the same or similar type of services under prevailing local market conditions. 

ARTICLE 5 RAILWAY RELATED SERVICES 

The railway related services to be provided by Party A to Party B shall include railway infrastructures and equipment repair services,
locomotive and train repair services, purchase and sale services of railway related materials, security services, hygiene and epidemic prevention services, property management and building maintenance, and project construction, management and
supervision services. 
  

	 	5.1.1	Railway infrastructures and equipment repair services 

 Party A shall, upon entrustment
of Party B, provide railway infrastructures and equipment repair services including but not limited to: main line repair and maintenance services (track lifting, track lining, tamping and dynamic stabilization) with large-sized track maintenance
machinery, track replacement overhaul for jointless lines, track overhaul cleaning, other track bridge equipment repair, signal equipment inspection and repair, electricity supply equipment inspection and repair, dispatch and scheduling equipment
inspection and repair, transportation safety equipment inspection and repair, other transportation operation equipment repair and other services. 
  

	 	5.1.2	Locomotive and train repair services 

  

	 	(1)	Party B shall entrust Party A with the performance of repair and maintenance services on Party B’s locomotives and trains (including CRHs) and freight trains in operation on the basis of the actual situation and
its own needs. 

  

	 	(2)	Party A shall provide repair services to Party B pursuant to the applicable Procedures for Locomotive and Train Inspection and Repair and documents, rules, drawings, circulars and other materials concerning technical
standards. 

  

	 	(3)	Party A shall conduct a self-test of the cars repaired by it after having completed all of the required repair services, and shall not deliver the same to Party B for test and acceptance until after having verified that
the quality of each of the parts on the cars so repaired meet the relevant standards. The technical materials for and conclusions on quality re-test of the cars repaired by Party A shall be complete and accurate and be promptly delivered to Party B
for operational analysis and appraisal. 

  
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	 	5.1.3	Purchase and sale services of railway related materials 

  

	 	(1)	Where Party B procures part of the railway materials from Party A, Party A shall ensure that the quality of all the materials is sound and reaches the relevant standards. Party A shall select sources for such materials
at the preferential price and conditions offered by Party A to other relevant railway entities. The quality of any of the materials procured by Party A in entrustment must be good and reach the international standards or standards set by the
relevant ministry or relevant enterprises. 

  

	 	(2)	Where Party B entrusts Party A with the procurement of part of the railway materials, the quantity and categories of such railway material shall be set forth in a list provided to Party A by Party B and shall not become
valid until after being confirmed by both parties. 

  

	 	(3)	The specific schedule and terms of the payment of the consideration for the materials to be procured by Party A shall be determined by Party A and Party B after consultations subject to the actual situation of the
relevant batch of materials. 

  

	 	5.1.4	Security services 

 Party A agrees to provide security services to Party B through its
subsidiaries, including the security and order of passenger and freight transportation and the stations under the scope of management of Party B; patrol of rail lines and stations, investigation of train stone attacks, obstacle placement on the rail
surfaces, theft of railway materials and other issues; assistance in handling railway injuries and casualties, locomotive accidents and other disasters and incidents; provision of fire supervision, fire prevention and explosion prevention and other
services. 
  

	 	5.1.5	Hygiene and epidemic prevention services 

 Party A agrees to provide Party B, its
employees and their family members with planned immunization, occupational disease prevention and treatment, environmental monitoring, disease control, recuperation and convalescence as well as other related services through its hygiene and epidemic
prevention institutions, disease control centers, hygienic supervision institutions, convalescence and recuperation houses and other related entities. 
  

	 	5.1.6	Property management and building maintenance 

  

	 	(1)	Party B entrusts Party A with the provision of property management and services for staff dormitories (including single dormitories and family dormitories) and apartments and buildings. 

 

	 	(2)	Property management and services provided by Party A to the employees of Party B shall not be inferior to the standard of those provided to the employees of Party A. 

 

	 	(3)	Party B entrusts Party A for the provision of building maintenance services on the basis of the actual situation and its own needs. Such maintenance services must reach the State or industry standards and the technical
and quality requirements set by Party B. 

  
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	 	(4)	Party B may enter into a separate lease agreement with the relevant lessor in relation to the lease of properties (such as offices and residential housings) to it by Party A. 

 

	 	(5)	Party B provides property management and services for staff dormitories (including single dormitories and family dormitories) and apartments and buildings to Party A. 

 

	 	(6)	Property management and services provided by Party B to the employees of Party A shall not be inferior to the standard of those provided to the employees of Party B. 

 

	 	5.1.7	Project construction, management and supervision services 

 Party A shall provide
construction, management and supervision services for some of Party B’s construction projects as determined by Party B. 
 The pricing
standards of the above railway related services mutually provided by the Parties shall be as follows: the prices shall be determined in accordance with the applicable industry standard fees and agreed between the Parties subject to the actual
situation. Where no industry standard fees are available, the prices shall be determined based on the cost incurred plus reasonable profits after negotiation between the Parties, provided that the prices shall be fixed on normal commercial terms or
on terms no less favorable than those available to or from Independent Third Parties for the same or similar type of services under prevailing local market conditions. 

ARTICLE 6 OTHER 
 Apart
from the dispatch and scheduling services, railway communication services and hygiene and epidemic prevention services which shall be provided by Party A to Party B only, all the other aforesaid services shall be mutually provided by the Parties and
shall be subject to the above settlement arrangements and standards. 
 ARTICLE 7 LIABILTIES FOR BREACH OF CONTRACTS 

The Parties shall perform their respective obligations hereunder voluntarily and in good faith. Should this Agreement be rendered unable to be
performed either in whole or in part due to any breach of either Party, the breaching Party shall assume the liabilities for such breach. Should the Parties breach this Agreement, each of the Parties shall assume its respective liabilities in
proportion to its own fault; provided that, the assumption of the liabilities for breach of contract shall not prejudice the right of the non-breaching Party to request the breaching Party to continue to perform its obligations. 

In case either Party breaches any of its obligations hereunder, the other Party (including its subsidiaries) shall have the right to request
the breaching Party to remedy the breach within a specified time limit, continue to perform this Agreement or make compensation for various losses, and may rescind any relevant portion of this Agreement or this Agreement in whole when necessary,
except when such breach is caused by a force majeure event. 

  
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 ARTICLE 8 FORCE MAJEURE 

If any Party fails to perform all or any of its obligations hereunder as a result of a force majeure event, the performance of such obligations
shall be terminated in the period of the force majeure event. 
 The Party claiming to be affected by the force majeure event shall notify
the other Party of the occurrence of such force majeure event in writing in the shortest possible time, and provide the other Party with the appropriate evidence of such force majeure event and its duration within fifteen days after the occurrence
of such force majeure event by hand or by registered post. The Party claiming that the force majeure event has rendered its performance of this Agreement objectively impossible or impracticable shall make all such reasonable efforts to eliminate or
mitigate the effect of the force majeure event. 
 Upon the occurrence of a force majeure event, the Parties shall promptly determine by
amicable negotiation how to implement this Agreement. After the termination or elimination of the force majeure event or its effect, the Parties shall immediately resume the performance of their respective obligations hereunder. 

ARTICLE 9 ANNOUNCEMENT 

Without the prior written consent from the other Party, either Party shall not make any announcement in relation to this Agreement, unless such
announcement is made in accordance with the laws of the PRC, or the requirements of Shanghai Stock Exchange, HKSE or the Securities and Futures Commission of Hong Kong, or any other relevant laws, regulations and requirements. 

ARTICLE 10 MISCELLANEOUS PROVISIONS 

This Agreement shall become effective from 1 January 2014 upon completion of the following procedures: 

 

	 	(1)	execution and affixture with the company seals by the legal representatives or authorized representatives of the Parties; 

  

	 	(2)	performance by Party B of its applicable compliance obligations for the continuing connected transactions hereunder in accordance with the requirements of its Articles of Association, the Stock Exchange Listing Rules
and the SSE Listing Rules. 

 As from 1 January 2014, any prior agreements or arrangements entered into by and between
the Parties in relation to the Comprehensive Services, including but not limited to the Framework Comprehensive Services Agreement dated 27 October 2010, shall terminate. 

Either Party is entitled to terminate this Agreement by giving not less than two months’ notice in writing to the other Party during the
term of this Agreement. 
 If at any time during the term of this Agreement, the total transaction amount for the relevant accounting year
in respect of the transactions hereunder may or is expected to exceed the annual caps for such year as announced and approved by the independent shareholders of Party B (where applicable), the Parties agree that Party B shall perform all the
applicable and necessary regulatory obligations and procedures under the Stock Exchange Listing Rules and the SSE Listing Rules as soon as possible, including informing HKSE, and convening a general meeting of Party B to seek the approval by the
independent shareholders of Party B (where applicable) for such connected/ related transactions and renewed annual caps in accordance with the Stock Exchange Listing Rules and the SSE Listing Rules. Before fulfilling all the relevant regulatory
requirements, the Parties agree to make their best efforts to ensure the total transaction amount for the year does not exceed the annual caps announced. 

  
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 The provisions of this Agreement may be amended by the Parties after negotiation if required by
the changes in the actual circumstances, provided that such amendment shall be made in writing. Any amendment to this Agreement shall be subject to the relevant voting, disclosure and other legal procedures in accordance with the relevant laws,
regulations and requirements of the Stock Exchange Listing Rules and the SSE Listing Rules. Any Party shall not add any provision to, delete any provision from or otherwise amend this Agreement, unless by mutual agreement in writing. 

In the event that the Parties intend to assign their rights or obligations hereunder to their respective subsidiaries, they shall notify the
other Party thereof, and the party who makes such assignment shall assume joint liabilities for the performance of this Agreement by the assignee. Except in such case, either Party shall not assign any of its interests hereunder to any third party
without prior written consent from the other Party. 
 The Parties agree to bear all such costs and expenses incurred in entering into this
Agreement respectively. 
 The execution, effect, interpretation, performance of, and resolution of any dispute arising from this Agreement
shall be protected and governed by the laws of the PRC. Any dispute arising from the performance of this Agreement shall be resolved between the Parties through negotiation. Should any dispute fail to be resolved through such negotiation, such
dispute shall be submitted to the China International Economic and Trade Arbitration Commission for arbitration, which shall be conducted in accordance with the Commission’s Arbitration Rules in effect at the time of applying for arbitration.
The place of arbitration shall be mutually determined through negotiation. The arbitral award is final and binding upon the Parties. 
 This
Agreement shall be a framework agreement between the Parties in respect of the matters regarding the Comprehensive Services. Party B may on the principles established herein and on a case-by-case basis execute a supplementary service agreement with
Party A with respect to any specific items of services. In case of any material conflict in respect of the major provisions between such service agreements and this Agreement, Party B shall comply with the requirements of the regulatory authority in
its place of listing. 
 This Agreement shall be executed in four counterparts with equal legal effect, with each Party holding two
counterparts. 
 IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their legal representatives or authorized
representatives on the date first written above. 

  
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	 Party A:
	  	 GUANGZHOU RAILWAY (GROUP) COMPANY

(Company seal)
	  	

  

					
	 Legal representative (or
	  	/s/ authorized representative	  	
	 authorized representative):
	  	 	  	

  

					
	 Party B:
	  	 GUANGSHEN RAILWAY COMPANY LIMITED
 (Company
seal)
	  	

  

					
	Legal representative (or	  	/s/ authorized representative	  	
	authorized representative):EX-10.2

 Exhibit 10.2 

RED HAT, INC. 
 1999
STOCK OPTION AND INCENTIVE PLAN 
 As Amended and Restated August 2, 2001 

 

	1.	Purpose and Eligibility 

 The purpose of this 1999 Stock Option and Incentive Plan (the
“Plan”) of Red Hat, Inc. (the “Company”) is to provide stock options and other equity interests in the Company (each an “Award”) to employees, officers, directors, consultants and advisors of the
Company and its Subsidiaries, all of whom are eligible to receive Awards under the Plan. Any person to whom an Award has been granted under the Plan is called a “Participant.” Additional definitions are contained in Section 8.

  

	2.	Administration 

 a. Administration by Board of Directors. The Plan will be
administered by the Board of Directors of the Company (the “Board”). The Board, in its sole discretion, shall have the authority to grant and amend Awards, to adopt, amend and repeal rules relating to the Plan and to interpret and
correct the provisions of the Plan and any Award. All decisions by the Board shall be final and binding on all interested persons. Neither the Company nor any member of the Board shall be liable for any action or determination relating to the Plan.

 b. Appointment of Committees. To the extent permitted by applicable law, the Board may delegate any or all of its powers
under the Plan to one or more committees or subcommittees of the Board (a “Committee”). All references in the Plan to the “Board” shall mean such Committee or the Board. 

c. Delegation to Executive Officers. To the extent permitted by applicable law, the Board may delegate to one or more executive
officers of the Company the power to grant Awards and exercise such other powers under the Plan as the Board may determine, provided that the Board shall fix the maximum number of Awards to be granted and the maximum number of shares issuable
to any one Participant pursuant to Awards granted by such executive officers. 
  

	3.	Stock Available for Awards 

 a. Number of Shares. Subject to adjustment
under Section 3(c), the aggregate number of shares of Common Stock, $.0001 par value, of the Company (the “Common Stock”) that may be issued pursuant to the Plan is 28,000,000 shares. If any Award expires, or is terminated,
surrendered or forfeited, in whole or in part, the unissued Common Stock covered by such Award shall again be available for the grant of Awards under the Plan. 

b. Per-Participant Limit. Subject to adjustment under Section 3(c), no Participant may be granted Awards during any one
fiscal year to purchase more than 3,250,000 shares of Common Stock. 
 c. Adjustment to Common Stock. In the event of any
stock split, stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, combination, exchange of shares, liquidation, spin-off, split-up, or other similar change in capitalization or event, (i) the
number and class of securities available for Awards under the Plan and the per-Participant share limit, (ii) the number and class of securities, vesting schedule and exercise price per share subject to each outstanding Option, (iii) the
repurchase price per security subject to repurchase, and (iv) the terms of each other outstanding stock-based Award shall be adjusted by the Company (or substituted Awards may be made) to the extent the Board shall determine, in good faith,
that such an adjustment (or substitution) is appropriate. 
  

	4.	Stock Options 

 a. General. The Board may grant options to purchase Common
Stock (each, an “Option”) and determine the number of shares of Common Stock to be covered by each Option, the exercise price of each Option and the conditions and limitations applicable to the exercise of each Option and the Common
Stock issued upon the exercise of each Option, including vesting provisions, repurchase provisions and restrictions relating to applicable federal or state securities laws, as it considers advisable. 

  
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 b. Incentive Stock Options. An Option that the Board intends to be an
“incentive stock option” as defined in Section 422 of the Code (an “Incentive Stock Option”) shall be granted only to employees of the Company and shall be subject to and shall be construed consistently with the
requirements of Section 422 of the Code. The Board and the Company shall have no liability if an Option or any part thereof that is intended to be an Incentive Stock Option does not qualify as such. An Option or any part thereof that does not
qualify as an Incentive Stock Option is referred to herein as a “Nonstatutory Stock Option”. 
 c. Exercise
Price. The Board shall establish the exercise price (or determine the method by which the exercise price shall be determined) at the time each Option is granted and specify it in the applicable option agreement. 

d. Duration of Options. Each Option shall be exercisable at such times and subject to such terms and conditions as the Board may
specify in the applicable option agreement. 
 e. Exercise of Option. Options may be exercised only by delivery to the Company
of a written notice of exercise signed by the proper person together with payment in full as specified in Section 4(f) for the number of shares for which the Option is exercised. 

f. Payment Upon Exercise. Common Stock purchased upon the exercise of an Option shall be paid for by one or any combination of
the following forms of payment: 
 (i) by check payable to the order of the Company; 

(ii) except as otherwise explicitly provided in the applicable option agreement, and only if the Common Stock is then publicly traded,
delivery of an irrevocable and unconditional undertaking by a creditworthy broker to deliver promptly to the Company sufficient funds to pay the exercise price, or delivery by the Participant to the Company of a copy of irrevocable and unconditional
instructions to a creditworthy broker to deliver promptly to the Company cash or a check sufficient to pay the exercise price; or 
 (iii)
to the extent explicitly provided in the applicable option agreement, by (x) delivery of shares of Common Stock owned by the Participant valued at fair market value (as determined by the Board or as determined pursuant to the applicable option
agreement), (y) delivery of a promissory note of the Participant to the Company (and delivery to the Company by the Participant of a check in an amount equal to the par value of the shares purchased), or (z) payment of such other lawful
consideration as the Board may determine. 
  

	5.	Restricted Stock 

 a. Grants. The Board may grant Awards entitling
recipients to acquire shares of Common Stock, subject to (i) delivery to the Company by the Participant of a check in an amount at least equal to the par value of the shares purchased, and (ii) the right of the Company to repurchase all or
part of such shares at their issue price or other stated or formula price from the Participant in the event that conditions specified by the Board in the applicable Award are not satisfied prior to the end of the applicable restriction period or
periods established by the Board for such Award (each, a “Restricted Stock Award”). 
 b. Terms and
Conditions. The Board shall determine the terms and conditions of any such Restricted Stock Award. Any stock certificates issued in respect of a Restricted Stock Award shall be registered in the name of the Participant and, unless otherwise
determined by the Board, deposited by the Participant, together with a stock power endorsed in blank, with the Company (or its designee). After the expiration of the applicable restriction periods, the Company (or such designee) shall deliver the
certificates no longer subject to such restrictions to the Participant or, if the Participant has died, to the beneficiary designated by a Participant, in a manner determined by the Board, to receive amounts due or exercise rights of the Participant
in the event of the Participant’s death (the “Designated Beneficiary”). In the absence of an effective designation by a Participant, Designated Beneficiary shall mean the Participant’s estate. 

  
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	6.	Other Stock-Based Awards 

 The Board shall have the right to grant other Awards based
upon the Common Stock having such terms and conditions as the Board may determine, including, without limitation, the grant of shares based upon certain conditions, the grant of securities convertible into Common Stock and the grant of stock
appreciation rights, phantom stock awards or stock units. 
  

	7.	General Provisions Applicable to Awards 

 a. Transferability of Awards.
Except as the Board may otherwise determine or provide in an Award, Awards shall not be sold, assigned, transferred, pledged or otherwise encumbered by the person to whom they are granted, either voluntarily or by operation of law, except by will or
the laws of descent and distribution, and, during the life of the Participant, shall be exercisable only by the Participant. References to a Participant, to the extent relevant in the context, shall include references to authorized transferees. 

b. Documentation. Each Award under the Plan shall be evidenced by a written instrument in such form as the Board shall determine
or as executed by an officer of the Company pursuant to authority delegated by the Board. Each Award may contain terms and conditions in addition to those set forth in the Plan provided that such terms and conditions do not contravene the
provisions of the Plan. 
 c. Board Discretion. The terms of each type of Award need not be identical, and the Board need not
treat Participants uniformly. 
 d. Termination of Status. The Board shall determine the effect on an Award of the disability,
death, retirement, authorized leave of absence or other change in the employment or other status of a Participant and the extent to which, and the period during which, the Participant, or the Participant’s legal representative, conservator,
guardian or Designated Beneficiary, may exercise rights under the Award. 
 e. Acquisition of the Company 

(i) Consequences of an Acquisition. Unless otherwise expressly provided in the applicable Option or Award, upon the occurrence
of an Acquisition, the Board or the board of directors of the surviving or acquiring entity (as used in this Section 7(e)(i), also the “Board”), shall, as to outstanding Awards (on the same basis or on different bases, as the
Board shall specify), make appropriate provision for the continuation of such Awards by the Company or the assumption of such Awards by the surviving or acquiring entity and by substituting on an equitable basis for the shares then subject to such
Awards either (a) the consideration payable with respect to the outstanding shares of Common Stock in connection with the Acquisition, (b) shares of stock of the surviving or acquiring corporation or (c) such other securities as the
Board deems appropriate, the fair market value of which (as determined by the Board in its sole discretion) shall not materially differ from the fair market value of the shares of Common Stock subject to such Awards immediately preceding the
Acquisition. In addition to or in lieu of the foregoing, with respect to outstanding Options, the Board may, upon written notice to the affected optionees, provide that one or more Options must be exercised, to the extent then exercisable or to be
exercisable as a result of the Acquisition, within a specified number of days of the date of such notice, at the end of which period such Options shall terminate; or terminate one or more Options in exchange for a cash payment equal to the excess of
the fair market value (as determined by the Board in its sole discretion) of the shares subject to such Options (to the extent then exercisable or to be exercisable as a result of the Acquisition) over the exercise price thereof. 

(ii) Acquisition Defined. An “Acquisition” shall mean: (x) any merger or consolidation after which the voting
securities of the Company outstanding immediately prior thereto represent (either by remaining outstanding or by being converted into voting securities of the surviving or acquiring entity) less than 50% of the combined voting power of the voting
securities of the Company or such surviving or acquiring entity outstanding immediately after such event; or (y) any sale of all or substantially all of the assets or capital stock of the Company (other than in a spin-off or similar
transaction) or (z) any other acquisition of the business of the Company, as determined by the Board. 

  
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 (iii) Assumption of Options Upon Certain Events. In connection with a merger or
consolidation of an entity with the Company or the acquisition by the Company of property or stock of an entity, the Board may grant Awards under the Plan in substitution for stock and stock-based awards issued by such entity or an affiliate
thereof. The substitute Awards shall be granted on such terms and conditions as the Board considers appropriate in the circumstances. 

(iv) Pooling-of Interests-Accounting. If the Company proposes to engage in an Acquisition intended to be accounted for as a
pooling-of-interests, and in the event that the provisions of this Plan or of any Award hereunder, or any actions of the Board taken in connection with such Acquisition, are determined by the Company’s or the acquiring company’s
independent public accountants to cause such Acquisition to fail to be accounted for as a pooling-of-interests, then such provisions or actions shall be amended or rescinded by the Board, without the consent of any Participant, to be consistent with
pooling-of-interests accounting treatment for such Acquisition. 
 (v) Parachute Awards. If, in connection with an
Acquisition, a tax under Section 4999 of the Code would be imposed on the Participant (after taking into account the exceptions set forth in Sections 280G(b)(4) and 280G(b)(5) of the Code), then the number of Awards which shall become
exercisable, realizable or vested as provided in such section shall be reduced (or delayed), to the minimum extent necessary, so that no such tax would be imposed on the Participant (the Awards not becoming so accelerated, realizable or vested, the
“Parachute Awards”); provided, however, that if the “aggregate present value” of the Parachute Awards would exceed the tax that, but for this sentence, would be imposed on the Participant under
Section 4999 of the Code in connection with the Acquisition, then the Awards shall become immediately exercisable, realizable and vested without regard to the provisions of this sentence. For purposes of the preceding sentence, the
“aggregate present value” of an Award shall be calculated on an after-tax basis (other than taxes imposed by Section 4999 of the Code) and shall be based on economic principles rather than the principles set forth under
Section 280G of the Code and the regulations promulgated thereunder. All determinations required to be made under this Section 7(e)(v) shall be made by the Company. 

f. Withholding. Each Participant shall pay to the Company, or make provisions satisfactory to the Company for payment of, any
taxes required by law to be withheld in connection with Awards to such Participant no later than the date of the event creating the tax liability. The Board may allow Participants to satisfy such tax obligations in whole or in part by transferring
shares of Common Stock, including shares retained from the Award creating the tax obligation, valued at their fair market value (as determined by the Board or as determined pursuant to the applicable option agreement). The Company may, to the extent
permitted by law, deduct any such tax obligations from any payment of any kind otherwise due to a Participant. 
 g. Amendment of
Awards. The Board may amend, modify or terminate any outstanding Award including, but not limited to, substituting therefor another Award of the same or a different type, changing the date of exercise or realization, and converting an
Incentive Stock Option to a Nonstatutory Stock Option, provided that, except as otherwise provided in Section 7(e)(iv), the Participant’s consent to such action shall be required unless the Board determines that the action, taking
into account any related action, would not materially and adversely affect the Participant. 
 h. Conditions on Delivery of
Stock. The Company will not be obligated to deliver any shares of Common Stock pursuant to the Plan or to remove restrictions from shares previously delivered under the Plan until (i) all conditions of the Award have been met or removed
to the satisfaction of the Company, (ii) in the opinion of the Company’s counsel, all other legal matters in connection with the issuance and delivery of such shares have been satisfied, including any applicable securities laws and any
applicable stock exchange or stock market rules and regulations, and (iii) the Participant has executed and delivered to the Company such representations or agreements as the Company may consider appropriate to satisfy the requirements of any
applicable laws, rules or regulations. 
 i. Acceleration. The Board may at any time provide that any Options shall become
immediately exercisable in full or in part, that any Restricted Stock Awards shall be free of some or all restrictions, or that any 

  
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other stock-based Awards may become exercisable in full or in part or free of some or all restrictions or conditions, or otherwise realizable in full or in part, as the case may be, despite the
fact that the foregoing actions may (i) cause the application of Sections 280G and 4999 of the Code if a change in control of the Company occurs, or (ii) disqualify all or part of the Option as an Incentive Stock Option. 

 

	8.	Miscellaneous 

 a. Definitions. 

(i) “Company” for purposes of eligibility under the Plan, shall include any present or future subsidiary corporations
of Red Hat, Inc., as defined in Section 424(f) of the Code (a “Subsidiary”), and any present or future parent corporation of Red Hat, Inc., as defined in Section 424(e) of the Code. For purposes of Awards other than
Incentive Stock Options, the term “Company” shall include any other business venture in which the Company has a direct or indirect significant interest, as determined by the Board in its sole discretion. 

(ii) “Code” means the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder.

 (iii) “Employee” for purposes of eligibility under the Plan shall include a person to whom an offer of
employment has been extended by the Company. 
 b. No Right To Employment or Other Status. No person shall have any
claim or right to be granted an Award, and the grant of an Award shall not be construed as giving a Participant the right to continued employment or any other relationship with the Company. The Company expressly reserves the right at any time to
dismiss or otherwise terminate its relationship with a Participant free from any liability or claim under the Plan. 
 c. No Rights As
Stockholder. Subject to the provisions of the applicable Award, no Participant or Designated Beneficiary shall have any rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to an Award until
becoming the record holder thereof. 
 d. Effective Date and Term of Plan. The Plan shall become effective upon adoption by
the Board. No Awards shall be granted under the Plan after the completion of ten years from the date on which the Plan was adopted by the Board, but Awards previously granted may extend beyond that date. 

e. Amendment of Plan. The Board may amend, suspend or terminate the Plan or any portion thereof at any time. 

f. Governing Law. The provisions of the Plan and all Awards made hereunder shall be governed by and interpreted in accordance
with the laws of Delaware, without regard to any applicable conflicts of law. 
 Adopted by the Board of Directors on June 2, 1999. 

Approved by the stockholders on June 3, 1999. 
 Amended by
the stockholders on August 2, 2001. 

  
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