Differ Group Auto Limited — Regulatory Filings 2019

Oct 25, 2019

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.

DIFFER GROUP HOLDING COMPANY LIMITED 鼎豐集團控股有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 6878)

SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2018

Reference is made to (i) the annual report of Differ Group Holding Company Limited (the “ Company ”) together with its subsidiaries (collectively, the “ Group ”) published on 23 April 2019 (the “ 2018 Annual Report ”) Unless otherwise defined, terms used herein shall have the same meanings as defined in the 2018 Annual Report.

In the last paragraph under the section headed “Liquidity, Financial Resources and Capital Structure”, on page 16 of the 2018 Annual Report, the Company disclosed that the Company has further stated in the Annual Report that the aggregate cash consideration in the sum of approximately HK$323,500,000 received (before share issue expenses) from the placing of new shares completed in June 2018 was fully used for the Company’s business development including lending to its customers and acquisition of valuable assets in the ordinary and usual course of the Group’s business.

The net proceeds arising from the Subscription is in the sum of approximately HK$319,917,000 (the “ Net Proceeds ”). As stated in the announcement of the Company dated 21 June 2018 in respect of the Subscription, the Company intended to use the Net Proceeds from the Subscription for the Group’s business development including (i) lending to the Group’s customers and acquisition of valuable assets in the ordinary and usual course of the Group’s business; and (ii) general working capital of the Group.

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The board of directors of the Company would like to provide the detailed breakdown of the actual use of the Net Proceeds as follows:

Actual use of the Net ProceedsLending to the Group’s customers under express loan businessAcquisition of valuable assets under the asset management businessGeneral working capitalTotal:	ApproximateAmount(HK$)126,027,000189,990,0003,900,000319,917,000

The actual use of the Net Proceeds was in accordance to the intention previously disclosed by the Company.

The above supplemental information does not affect any other information contained in the 2018 Annual Report. Save as disclosed in this announcement, the contents of the 2018 Annual Report remain unchanged.

Differ Group Holding Company Limited HONG Mingxian Chairman and Executive Director

Hong Kong, 25 October 2019

As at the date of this announcement, the executive Directors are Mr. HONG Mingxian and Mr. NG Chi Chung; the non-executive Directors are Mr. CAI Huatan and Mr. WU Qinghan; and the independent non-executive Directors are Mr. CHAN Sing Nun, Mr. LAM Kit Lam and Mr. ZENG Haisheng.

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