E-MAIL DISCLOSURE

E-mail messages are for the individual use of the intended recipients and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply e-mail and destroy all copies of the original message.

Any views expressed in this message are those of the individual sender, except where the sender specifically states them to be the views of Chetham Asia (Hong Kong) Limited.

Chetham Asia (Hong Kong) Limited reviews and archives outgoing and incoming e-mail. Such may be produced at the request of regulators and/or in connection with judicial/arbitral proceedings. Sender accepts no liability for any errors or omissions arising as a result of transmission. This transmission is neither an offer nor a solicitation of an offer to purchase or liquidate securities. Opinions or estimates constitute views, beliefs, and judgments of Chetham Asia (Hong Kong) Limited at this moment and are subject to change without notice. Information upon which the material contained in this transmission is based was obtained from sources believed to be reliable but have not been verified. Additional information is available upon request.

All compliance related inquiries can be directed to compliance@chethamgroup.com.