PHIP

	USAS Building System (Shanghai) Co., Ltd.
	YOU SHOULD READ THE WARNING IN THE DOCUMENT.

► WARNING ► IMPORTANT ► EXPECTED TIMETABLE ► CONTENTS ► SUMMARY ► DEFINITIONS ► GLOSSARY OF TECHNICAL TERMS ► FORWARD-LOOKING STATEMENTS ► RISK FACTORS ► WAIVERS FROM STRICT COMPLIANCE WITH THE HONG KONG LISTING RULES ► INFORMATION ABOUT THIS DOCUMENT AND THE [REDACTED] ► DIRECTORS AND PARTIES INVOLVED IN THE [REDACTED] ► CORPORATE INFORMATION ► INDUSTRY OVERVIEW ► REGULATORY OVERVIEW ► HISTORY AND DEVELOPMENT ► BUSINESS ► RELATIONSHIP WITH OUR CONTROLLING SHAREHOLDERS ► CONNECTED TRANSACTIONS ► DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT ► SHARE CAPITAL ► SUBSTANTIAL SHAREHOLDERS ► CORNERSTONE INVESTORS ► FINANCIAL INFORMATION ► FUTURE PLANS AND USE OF [REDACTED] ► [REDACTED] ► STRUCTURE OF THE [REDACTED] ► HOW TO APPLY FOR THE [REDACTED] ► APPENDIX I - ACCOUNTANTS' REPORT ► APPENDIX II - [REDACTED] FINANCIAL INFORMATION ► APPENDIX III - TAXATION AND FOREIGN EXCHANGE ► APPENDIX IV - SUMMARY OF PRINCIPAL LEGAL AND REGULATORY REGULATIONS ► APPENDIX V - SUMMARY OF ARTICLES OF ASSOCIATION ► APPENDIX VI - STATUTORY AND GENERAL INFORMATION ► APPENDIX VII - DOCUMENTS DELIVERED TO THE REGISTRAR OF COMPANIES AND AVAILABLE ON DISPLAY