3SBio Inc. — Major Shareholding Notification 2003

May 13, 2003

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

HONGKONG CHINESE LIMITED 香港華人有限公司[*]

(Incorporated in Bermuda with limited liability)

ANNOUNCEMENT

The Board of Directors of Hongkong Chinese Limited has noted the recent increase in the trading volume in the shares of the Company and wishes to state that, save as disclosed herein, it is not aware of any reason for such increase.

This announcement is made at the request of The Stock Exchange of Hong Kong Limited.

The Board of Directors (the “Board”) of Hongkong Chinese Limited (the “Company”) has noted the recent increase in the trading volume in the shares of the Company and wishes to state that, save for the information disclosed herein, it is not aware of any reason for such increase.

Reference is made to the announcement dated 12th May, 2003 issued by the Company regarding the acquisition by a wholly-owned subsidiary of Lippo China Resources Limited (“LCR”), the Company’s controlling shareholder, of 17,370,000 shares of HK$1.00 each in the Company, representing approximately 1.3 per cent. of the issued share capital of the Company, on the market for an aggregate consideration of HK$12,121,740 (an average price of approximately HK$0.698 per share).

The Board was informed today by LCR that the aforesaid wholly-owned subsidiary of LCR has acquired an additional 9,088,000 shares of HK$1.00 each in the Company at an average price of approximately HK$0.718 per share for an aggregate consideration of HK$6,521,600 on the market today (the “Acquisition”) from independent third parties who are not connected persons of the Company (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited). Such Acquisition represents approximately 0.7 per cent. of the issued share capital of the Company. Before the Acquisition, LCR was interested in shares representing approximately 72.6 per cent. of the issued share capital of the Company. After the Acquisition, LCR is interested in shares representing approximately 73.3 per cent. of the issued share capital of the Company and will remain as the controlling shareholder of the Company. The Board considers that the Acquisition will not have any material impact on the operation and financial position of the Company and its subsidiaries.

Save for the above, the Board also confirms that there are no negotiations or agreements relating to intended acquisitions or realisations which are discloseable under paragraph 3 of the Listing Agreement, neither is the Board aware of any matter discloseable under the general obligation imposed by paragraph 2 of the Listing Agreement, which is or may be of a price-sensitive nature.

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This announcement is made by the order of the Board of the Company, the directors of which individually and jointly accept the responsibility for the accuracy of this announcement.

By Order of the Board Hongkong Chinese Limited Andrew Hau Secretary

Hong Kong, 13th May, 2003

• For identification purpose only

“Please also refer to the published version of this announcement in The Standard”.

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