3SBio Inc. — Capital/Financing Update 2024

Jul 19, 2024

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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HONGKONG CHINESE LIMITED 香 港 華 人 有 限 公 司 *

(Incorporated in Bermuda with limited liability)

(Stock Code: 655)

INSIDE INFORMATION ANNOUNCEMENT

This announcement is made by Hongkong Chinese Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) pursuant to rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the Inside Information Provisions (as defined in the Listing Rules).

The Board of Directors of the Company (the “ Board ”) wishes to inform the shareholders of the Company and potential investors that based on the information currently available to the Company, it is estimated that the Group is likely to record a share of loss of joint ventures of not less than HK$400 million for the six months ended 30 June 2024 (the “ Period ”), as compared to a share of profit of approximately HK$90.6 million for the six months ended 30 June 2023.

Such loss was mainly attributable to the share of loss of an equity-accounted investee by OUE Limited (“ OUE ”, together with its subsidiaries, the “ OUE Group ”), a subsidiary of a principal joint venture of the Company and listed on the Mainboard of Singapore Exchange Securities Trading Limited. Pursuant to the announcement issued by OUE in respect of profit guidance on its unaudited financial results for the Period on the date of this announcement (the “ OUE Announcement ”), OUE is expected to share a loss ranging from S$92 million to S$106 million from its equity-accounted investee as a result of the provision for impairment losses made by such investee against its properties under development and joint ventures amid the prevailing slow-down of the property market and the current economic environment in mainland China. Such loss is non-cash in nature and as per the OUE Announcement, there is no material impact on the OUE Group’s operational cashflows and corporate funding requirements.

The information contained in this announcement is only a preliminary assessment by the Board based on information currently available to the Company and is not based on any figures or information that has been audited by the Company’s auditor. The Company will announce the unaudited consolidated interim results of the Group for the Period in late August 2024.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company .

By Order of the Board HONGKONG CHINESE LIMITED Davy Kwok Fai Lee Chief Executive Officer

Hong Kong, 19 July 2024

As at the date of this announcement, the Board of Directors of the Company comprises eight directors, of which Dr. Stephen Riady (Chairman), Messrs. John Luen Wai Lee (Deputy Chairman), Davy Kwok Fai Lee (Chief Executive Officer) and Brian Riady as executive Directors, Mr. Leon Nim Leung Chan as non-executive Director and Messrs. King Fai Tsui and Edwin Neo and Ms. Min Yen Goh as independent non-executive Directors.

• For identification purpose only