CAI Corp — Board/Management Information 2014

Sep 19, 2014

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.

CHINA NEW ECONOMY FUND LIMITED 中國新經濟投資有限公司

(an exempted company incorporated in the Cayman Islands with limited liability)

(Stock Code: 80)

ANNOUNCEMENT

This announcement is made by China New Economy Fund Limited (“ Company ”) to supplement the biographical details of Mr. Siu Kam Chau (“ Mr. Siu ”), an independent non-executive director of the Company, that he was a director of the following companies (the “ Dissolved Companies ”) which were dissolved or wound-up:

Name of the Dissolved Companies

Date of dissolution or winding-up

Citispot Limited 18 April 2008 Great Excellent Limited 4 July 2008 Easy Connect Investments Limited 30 May 2014

The Dissolved Companies were all incorporated in Hong Kong but have never carried on or have ceased business. They were deregistered under section 291AA of the predecessor Companies Ordinance (Cap. 32 of the Laws of Hong Kong) and accordingly dissolved upon de-registration. Under the said section, an application for deregistration can only be made if (a) all the members of such company agreed to such deregistration; (b) such company has never commenced business or operation, or has ceased to carry on business or ceased operation for more than three months immediately before the application; and (c) such company has no outstanding liabilities.

Mr. Siu confirmed that there has been no wrongful act on his part leading to the dissolution and windingup of the Dissolved Companies and he is not aware of any actual or potential claim that has been or will be made against him as a result of the dissolution and winding-up of the Dissolved Companies.

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None of the Dissolved Companies are related in any way to the Company and save as disclosed in this announcement, there is no other matter concerning the change of information of Mr. Siu that needs to be brought to the attention of the shareholders of the Company.

By order of the Board China New Economy Fund Limited Craig Blaser Lindsay Chairman, Chief Executive Officer and Executive Director

Hong Kong, 19 September 2014

As at the date of this announcement, the Directors of the Company are Mr. LINDSAY Craig Blaser, Mr. GU Xu and Mr. CHAN Cheong Yee as executive directors, Mr. SIU Kam Chau, Mr. DALLY Doyle Ainsworth and Mr. AYOUB Faris Ibrahim Taha as independent non-executive directors.

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