英文法律意见书.docVIP

PAGE Page PAGE 2 of NUMPAGES 16 Chongqing ×× Law Firm 重庆××律师事务所 HAOWAY INVESTMENTS LIMITED Unregistered Senior Secured Debt Securities 关于豪威投资有限公司未登记优先担保债券的 Attorney’s Opinions 法律意见书 Doc. No: ××[2007] 001 ××债律字[2005]第Z/Y/001 号 Chongqing, P. R. China 中国·重庆 March 17, 2007 二零零七年三月十七日  Chongqing ×× Law Firm 重庆××律师事务所 Re: HAOWAY INVESTMENTS LIMITED Unregistered Senior Secured Debt Securities 关于豪威投资有限公司未登记优先担保债券的 Attorney Opinion Letter 法律意见书 Dated on March 17, 2007 二OO七年三月十七日 Gentleman or Madam, 敬启者： We, attorneys of Chongqing ×× Law Firm, represents HAOWAY INVESTMENT LIMITED (HAOWAY) and Chongqing Gaoshan Real Estate Development Co. Ltd. (GAOSHAN) (our Clients), deliver our opinion as follows: 重庆××律师事务所（以下简称“本所”）受豪威公司（以下简称 “豪威公司”）的委托，就豪威公司未登记优先担保债券涉及的法律问题出具法律意见书。 According to (a) the European Parliament’s Purvis Report; (b) the Post-FSAP Report on Asset Management; (c) CESR’s mandate for the Asset Management Experts Group; (d) the IOSCO report on “Issues Arising from the Participation of Retail Investors in Hedge Funds” (e) Article 2 of Directive 2001/108/EC (amending the UCITS [Undertakings for Collective Investment in Transferable Securities” or “UCITS investment fund”] directive 85/611 on investments), we delivered these opinions based on the accepted professional standards and regulations and on the principles of due diligence: 根据(a) 欧洲议会的《Purvis报告》，(b) 《关于资产管理的后FSAP报告》，(c) 欧洲证券管理委员会对于资产管理专家小组的强制要求，(d) 国际证监会组织关于“零散投资人参与对冲基金有关问题”的报告，(e) 欧盟第2001/108/EC号指令第2条（关于修订UCITS [可转让证券集合投资事业，也称证券投资基金]投资的第85/611号指令等有关法律法规的规定，本所按照律师行业公认的业务标准、道德规范和勤勉尽责的精神出具本法律意见书。 As for this document, we hereby make following representations: 对本所出具的本法律意见书，本所律师特作如下声明： The basic legal requirements of these opinion include (a) the European Parliament’s Purvis Report; (b) the Post-FSAP Report on Asset Management; (c) CESR’s mandate for the Asset Management Experts Group; (d) the IOSCO report on “Issues Arising from the Participation of Retail Investors in Hedge Funds” (e) Article 2 of