Upon satisfaction of the Subscriber’s payment obligations under both of clauses 2.1.2(a) and 2.1.2(b), the Subscriber shall have the right, at its option and by delivering a notice (the "Conversion Notice") to the Company, to convert all (but no less than all) of the Principal Amount into such number of fully paid and non-assessable Ordinary Shares of the Company (the "Conversion Shares") as is equal to the quotient of (x) the Principal Amount, divided by (y) a conversion price per Conversion Share equal to HK$[0.6696], provided that such per share conversion price is subject to adjustment shall there be any stock split, combination, dividends, mergers, recapitalization or similar events affecting the share capital of the Company after the issuance date of the Convertible Note.  Upon receipt by the Company of the Conversion Notice from the Subscriber to elect to convert the Convertible Note into Conversion Shares, the Company shall take all actions necessary to authorize and effect the issuance of such Conversion Shares.

在满足认购人在第2.1.2(a)款和2.1.2(b)款项下的付款义务之后，认购人有权选择以向公司送达通知(“转换通知”)的方式，将全部(但不少于全部)的本金金额转换为公司完全缴付且不可估价的普通股(“转换股”)，转换的数量等于(x)本金金额除以(y)每转换股0.6696港元转换价的商，但前提是该每转换股的转换价，应根据可转换票据发行日期后任何股票拆细、股票合并、股票分红派息，并购、资本重组或影响公司股本的类似事件进行调整。公司收到认购人选择将可转换票据转换为转换股的通知之后，公司应采取所有必要的行动授权和实施该等转换股的发行。

Upon the conversion of the Convertible Note (the "Conversion") into Conversion Shares, the Subscriber shall surrender the Convertible Note, duly endorsed, at the office of the Company.  The Company shall make an entry or entries in the register of members of the Company and issue and deliver at such office to the Subscriber a certificate or certificates representing the number of Conversion Shares to which the Subscriber shall be entitled upon Conversion.  The Conversion shall be completed within [3 Business Days] following the date of the Conversion Notice.