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CWT International Limited Capital/Financing Update 2021

Oct 22, 2021

49269_rns_2021-10-22_10b714c1-1bc0-4677-8eb7-d0f2ea515ef2.pdf

Capital/Financing Update

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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 liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

SINOFERT HOLDINGS LIMITED 中化化肥控股有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 297)

ANNOUNCEMENT

ISSUANCE OF THE FOURTH TRANCHE OF SUPER & SHORT-TERM COMMERCIAL PAPER FOR THE YEAR OF 2021

Sinofert Holdings Limited (the “ Company ”) wishes to announce that Sinochem Fertilizer Company Limited (“ Sinochem Fertilizer ”), an indirect wholly-owned subsidiary of the Company, proposes to issue the fourth tranche of the super & short-term commercial paper for the year of 2021 (the “ Issuance ”) on 25 October 2021 and 26 October 2021 in an amount of RMB600 million with a term of 60 days. The book-building coupon rate of the Issuance is expected to be within the range of 2.0% to 2.47% per annum, and the final coupon rate will be announced separately upon completion of the Issuance.

The proceeds from the Issuance will be used to replenish the working capital of the Company. The documents relating to the Issuance have been published on the website of Shanghai Clearing House at http://www.shclearing.com and the website of China Money at http://www.chinamoney.com.cn.

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

For and on behalf of the Board SINOFERT HOLDINGS LIMITED Qin Hengde Executive Director and Chief Executive Officer

Hong Kong, 22 October 2021

As at the date of this announcement, the executive directors of the Company are Mr. Qin Hengde (Chief Executive Officer), Mr. Feng Mingwei and Mr. Harry Yang; the non-executive director of the Company is Mr. J. Erik Fyrwald (Chairman); and the independent non-executive directors of the Company are Mr. Ko Ming Tung, Edward, Mr. Lu Xin and Mr. Tse Hau Yin, Aloysius.