Report to All Shareholders Regarding the Tender Offer by Shenhua Guoneng Group Co., Ltd.

1. Company Information

• Stock Code: 000602
• Stock Abbreviation: Jinma Group
• Company Name: Guangdong Jinma Tourism Group Co., Ltd.
• Company Address: Yonghu Road Intersection, Chaozhou, Guangdong Province
• Report Signing Date: June 26, 2013

2. Parties Involved and Contact Information

• Target Company (Acquired): Guangdong Jinma Tourism Group Co., Ltd.
• Office Address: 4th Floor, Tourism Building, Chaofeng Road, Chaozhou, Guangdong Province
• Contact Person: Pan Guangzhou (Board Secretary)
• Phone: 0768-2268969
• Acquirer: Shenhua Guoneng Group Co., Ltd.
• Acquirer Office Address: No. 26, Financial Street, Xicheng District, Beijing
• Contact Person: Guo Qiang
• Phone: 010-66491197
• Independent Financial Advisor: China Minzu Securities Co., Ltd.
• Advisor Office Address: 40F-43F, Pangu Plaza, No. 27, North Fourth Ring Middle Road, Chaoyang District, Beijing
• Contact Persons: Li He, Shang Qianqian, Liu Pengfei
• Phone: 010-59355456
• Report Signing Date: June 26, 2013

3. Board Statement

1. All directors of the company believe that this report does not contain any false records, misleading statements, or major omissions, and they bear individual and joint responsibility for the authenticity, accuracy, and completeness of its contents.
2. All directors have fulfilled their duty of good faith, and the recommendations made to shareholders are based on the overall interests of the company and all shareholders.
3. Related directors Xiao Chuangying, Xu Shancheng, Xue Changhai, Qi Shourong, Qiao Wei, and Zhang Yong will abstain from voting on matters related to this tender offer. Other directors have no conflicts of interest related to this tender offer.

4. Table of Contents

• Definitions ............................................................. 6
• Section 1: Introduction ....................................................... 7
• Section 2: Basic Information of the Company ................................ 8
  • 1. Company Overview ......................................................... 8
  • 1. Company's Capital Situation ............................................... 10
  • 1. Explanation of Previous Fund Usage Before This Acquisition .......... 13
• Section 3: Conflicts of Interest ............................................... 14
  • 1. Related Relationships Between the Company and the Acquirer .......... 14
  • 1. Positions Held by Directors, Supervisors, and Senior Management in the Acquirer and Its Affiliates .................................................... 14
  • 1. Conflicts of Interest Related to This Tender Offer ........................ 15
  • 1. No Direct or Indirect Holdings in the Acquirer by Directors, Supervisors, and Senior Management in the Past 12 Months ........................ 15
  • 1. Shareholding Situation of Directors, Supervisors, and Senior Management on the Announcement Date ........................................ 15
  • 1. The Company Does Not Have the Following Situations ........................ 15
• Section 4: Board Recommendations or Statements ................................ 16
  • 1. Investigation of the Tender Offer by the Board ................................ 16
  • 1. Board Recommendations .................................................... 19
  • 1. Independent Financial Advisor's Opinion .................................. 20
• Section 5: Major Contracts and Related Transactions ............................ 23
• Section 6: Other Major Matters .................................................. 25
• Section 7: Documents for Reference ............................................. 28