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Chiho Environmental Group Limited M&A Activity 2016

Sep 5, 2016

49598_rns_2016-09-05_87fc7ab9-eb89-40e9-b7d2-2cb427b7c942.pdf

M&A Activity

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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 liabilities 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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CHIHO-TIANDE GROUP LIMITED 齊合天地集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 976)

UPDATE ANNOUNCEMENT: VERY SUBSTANTIAL ACQUISITION OBTAINING SERBIAN MERGER CONTROL CLEARANCE

The Company refers to its announcement made on 30 August 2016 (the “ Announcement ”) in relation to, among other things, the proposed acquisition of the entire share capital in Scholz Holding GmbH. Unless the context otherwise requires, capitalized terms used herein shall have the same meanings as those defined in the Announcement.

As disclosed in the Announcement, the obtaining of the Merger Clearances is one of the Closing Conditions. The Board is pleased to announce that the Company has obtained the merger control clearance for the Proposed Acquisition from the Commission for the Protection of Competition of the Republic of Serbia (Република Србија Комисија за заштиту конкуренције) on 1 September 2016.

As at the date of this announcement, all relevant applications for merger control clearances have been made and merger control clearances for the Proposed Acquisition have been obtained from the relevant regulatory authorities in Austria, Germany, Poland, Turkey, Slovenia and Serbia. The remaining clearance from the relevant regulatory authority in Bosnia-Herzegovina is expected to be received by early September 2016.

As completion of the Proposed Acquisition is subject to satisfaction of certain Closing Conditions under the Share Purchase Agreement, the Proposed Acquisition may or may not proceed. Accordingly, Shareholders and potential investors should exercise caution when dealing in the Shares.

By Order of the Board Chiho-Tiande Group Limited Tu Jianhua

Chairman

Hong Kong, 5 September 2016

1

As at the date of this announcement, the Board of Directors of the Company comprises:

Executive Directors:

Independent Non-executive Directors:

Tu Jianhua, Zhang Jun, Qin Yongming Loke Yu, Zhang Jingdong, Zhu Dajian

2