Shoreline Capital Management, Ltd. ("Shoreline” or the "Adviser") is an investment adviser with its main office in Guangzhou, China. Shoreline is registered as an investment adviser under the Investment Advisers Act of 1940, as amended (the "Advisers Act"), and, as a company formed in the British Virgin Islands (the "BVI"), is licensed by the British Virgin Islands Financial Services Commission to conduct investment business services according to the Securities & Investment Business Act, 2010. Currently, as Shoreline China Value I, LP ("Fund I") is under liquidation process, Shoreline's clients are three private investment funds: Shoreline China Value II, LP ("Fund II"), Shoreline China Value III, LP ("Fund III") and Shoreline III Co- Investment, LP ("Overflow Fund"), all of which ("the Funds") are BVI limited partnerships. An affiliate of Shoreline, Shoreline Capital Partners Limited, serves as the general partner of Fund II. Shoreline Capital Partners III Limited (together with Shoreline Capital Partners Limited, the "Affiliated GP") serves as the general partner of Fund III and Overflow Fund. But both have delegated investment management authority over Fund II, Fund III and Overflow Fund to Shoreline pursuant to an investment management agreement between each of Fund II, Fund III, Overflow Fund and Shoreline. Shoreline was formed in 2004. It is owned by Xiaolin Zhang, Benjamin Fanger and Linyu Yang and controlled by Xiaolin Zhang, Linyu Yang transferred 21,649 shares to Xiaolin Zhang in 2016 and retained 4,865 shares. Xiaolin Zhang, Xin Liu and Sean Xiao are principals of the Adviser and members of the investment committee with ultimate responsibility for approving investments and overseeing the Funds and their investment portfolios. Prior to forming Fund I in 2008, Shoreline advised investors in locating and pricing distressed assets and portfolios in China. Shoreline formed Fund II in 2011, Fund III in 2014 and Overflow Fund in 2015. Fund I, Fund II, Fund III and Overflow Fund are managed pursuant to certain investment objectives, strategies and limitations set out in each Fund's

offering document (the "Offering Document") and limited partnership agreement ("Limited Partnership Agreement"). Shoreline does not tailor the investment advice it provides to the Funds to any investor's individual needs or objectives. Shoreline China Value I, LP has a term of five years from the date of its initial closing, though this term may be extended under certain circumstances for up to two additional one- year periods. Shoreline China Value II, LP has a term of seven years and may be extended for up to two additional one-year periods. Shoreline China Value III, LP has a term of seven years and may be extended for up to two additional one-year periods. Overflow Fund’s term is coterminous with Shoreline Fund III. Shoreline formed Shoreline Strategic Opportunities, LP (“Opportunities”) and Shoreline Strategic opportunities II, LP, (“Opportunities II”) (collectively, the “SMAs”) which are non-US funds with non-US investors in 2016. Shoreline Strategic GP, Ltd and Shoreline Strategic II GP, Ltd serve as the general partners to the SMAs, but both have delegated investment management authority over the SMAs to Shoreline pursuant to an investment management agreement between the SMAs and Shoreline. As described in greater detail in Section 8 below, Shoreline primarily advises the Funds a n d t h e S M A s on the investments in distressed debt or equity, including non-performing loans ("NPLs"), and special situations in China. The investment period of the Funds and SMAs managed by Shoreline was terminated in 2016 due to the trigger of key man clause of the respective limited partnership agreements. The Adviser has one wholly-owned subsidiaries, Guan gzh o u Shoreline Capital Management Co., Ltd. ("Consulting Firm"). The Consulting Firm houses the employees of Shoreline and provide Shoreline with certain services pursuant to an agreement between Consulting Firm and the Adviser (each "Consulting Agreement"). Shoreline manages US$ 203,239,308 of the Funds' assets on a discretionary basis as of December 31, 2023. ITEM 3