Controlling shareholders

控股股东

根据《公司法》第216条(二)的规定：控股股东，是指其出资额占有限责任公司资本总额百分之五十以上或者其持有的股份占股份有限公司股本总额百分之五十以上的股东;出资额或者持有股份的比例虽然不足百分之五十，但依其出资额或者持有的股份所享有的表决权已足以对股东会、股东大会的决议产生重大影响的股东。

Substantial shareholders

主要股东(大股东)

大股东就是指股票占有率最高的股东;它代表该股东与别的的股东相较为，它的占有率最高。控股股东必需是大股东，但大股东却不一定是控股股东，例如万科的大股东是华润集团，可是它的持股量却仅有17%上下，谈不上控股股东。

Actual controller

实际控制人

实际控制人就是指虽不是企业的股东，但通过投资关系、协议或是别的安排，可以实际支配企业行为的人。简而言之，实际控制人就是实际控制上市公司的自然人、法人或其他组织。

关于上市公司的控制权归属，《上市公司收购管理办法》第八十四条，有下列情形之一的，为拥有上市公司控制权:1.投资者为公司持股50%以上的控股股东;2投资者可以实际支配上市公司股份表决权超过30%;3.投资者通过实际支配上市公司股份表决权能够决定公司董事会半数以上成员选任;4.投资者依其可实际支配的上市公司股份表决权足以对公司股东大会的决议产生重大影响;5.中国证监会认定的其他情形。

具体区别可以参考以下双语例句体会：

1

Shareholders and the potential investors of the Company should note that as at the date of this announcement, the Controlling Shareholders have not proceeded with the proposed Shareholding Increase. The proposed Shareholding Increase will be subject to the market conditions and will be at the absolute discretion of the Controlling Shareholders. Shareholders and the potential investors of the Company are advised to exercise caution when dealing in the Shares.

本公司股东及潜在投资者应注意，于本公告日期，控股股东并未开始进行建议增持股份。建议增持股份将视乎市况而定，而控股股东拥有绝对酌情权。本公司股东及潜在投资者于买卖股份时务请审慎行事。

2

Save as disclosed in this announcement, (i) Mr. Wong does not have any relationship with any Directors, senior management, substantial shareholders or controlling shareholders (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”)) of the Company; (ii) there is no further information required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules; and (iii) there are no other matters that need to be brought to the attention of the shareholders of the Company.

除本公告所披露者外，(i)王先生与本公司任何董事、高级管理层、主要股东或控股股东（定义见香港联合交易所有限公司证券上市规则（「上市规则」））概无任何关系；(ii)概无其他资料须根据上市规则第13.51 (2) (h)至(v)条予以披露；及(iii)概无其他事宜须敦请本公司股东垂注。

3.

After the completion of the issuance, TMICL is still the controlling shareholder of the listed company; Yangtz Ecology and Environment has no control over the Company, so it cannot interfere in the independent operation decision of the Company alone. The listed company shall be independent from Yangtz Ecology and Environment, its controlling shareholders and actual controllers in terms of assets, personnel, finance, institutions and business, etc. The two sides will conduct strategic cooperation on the basis of equality and voluntariness. The legitimate rights and interests of the listed company and other shareholders will not be damaged, nor will new horizontal competition with the Company be caused due to the non-public issuance.

本次发行完成后，上市公司的控股股东仍为市政投资公司，长江环保集团对公司没有控制权，无法单独干涉公司独立经营决策。上市公司与长江环保集团及控股股东、实际控制人在资产、人员、财务、机构、业务等方面相互独立，双方在平等自愿的基础上开展战略合作，不会损害上市公司和其他股东的合法权益，也不会因本次非公开发行与公司产生新的同业竞争。