Enterprise Development Holdings Limited — Capital/Financing Update 2021

May 20, 2021

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.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of Enterprise Development Holdings Limited.

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ENTERPRISE DEVELOPMENT HOLDINGS LIMITED 企展控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1808)

SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO RESULTS OF THE RIGHTS ISSUE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING SHARES HELD ON THE RECORD DATE AT THE SUBSCRIPTION PRICE OF HK$0.12 PER RIGHTS SHARE

References are made to the announcement (the “ Results Announcement ”) of Enterprise Development Holdings Limited (the “ Company ”) dated 18 May 2021 in relation to, among other things, the results of the Rights Issue, and the prospectus of the Company (the “ Prospectus ”) dated 23 April 2021 in connection with the Right Issue. Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as those defined in the Prospectus.

Due to an inadvertent clerical error, “(Note 3)” in the section headed “ SHAREHOLDING STRUCTURE OF THE COMPANY ” on page 4 of the Results Announcement should be deleted.

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Save as disclosed above, all other information and contents of the Results Announcement remain unchanged.

By Order of the Board Enterprise Development Holdings Limited Guan Huanfei Chairman

Hong Kong, 20 May 2021

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. Guan Huanfei (Chairman) and Ms. Mao Junjie, and two independent non-executive Directors, namely Mr. Cai Jinliang and Mr. Hui Yat On.

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