Hengxin Technology Ltd. — Board/Management Information 2015

Nov 2, 2015

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.

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HENGXIN TECHNOLOGY LTD. 亨 鑫 科 技 有 限 公 司[*]

(carrying on business in Hong Kong as HX Singapore Ltd.)

(Incorporated in Singapore with limited liability) (Singapore Registration No.: 200414927H)

(Hong Kong Stock Code: 1085) (Singapore Stock Code: I85)

ANNOUNCEMENT

CHANGE OF JOINT COMPANY SECRETARY AND

CHANGE OF REGISTERED OFFICE OF THE COMPANY

RESIGNATION OF JOINT COMPANY SECRETARY

The board (the ‘‘Board’’) of directors (the ‘‘Directors’’) of Hengxin Technology Ltd. (the ‘‘Company’’) announces that Ms. Shirley Lim Guat Hua (‘‘Ms. Lim’’) has resigned as a joint company secretary of the Company with effect from 2 November 2015.

Ms. Lim confirmed that she has no disagreement with the Company and there are no circumstances related to her resignation above which need to be brought to the attention of The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) and the shareholders of the Company.

Taking this opportunity, the Board would like to express its appreciation and gratitude to Ms. Lim for her contribution and services to the Company in the past.

APPOINTMENT OF NEW JOINT COMPANY SECRETARY

Following Ms. Lim’s resignation, the Board is pleased to announce that Mr. Chua Kern (‘‘Mr. Chua’’) has been appointed as the new joint company secretary with effect from 2 November 2015.

Mr. Chua, aged 44, is ordinarily resident in Singapore. Mr. Chua obtained the bachelor of laws from Bristol University in 1995 and obtained the diploma in Singapore law from National University of Singapore in 1996. Mr. Chua was admitted as an advocate and solicitor by the Supreme Court of Singapore in 1997, and currently is a practicing solicitor in Singapore and a member of each of The Law Society of Singapore and Singapore Academy of Law. Mr. Chua was a senior associate at Khattar Wong & Partners (Singapore law firm) from July 2002 to May 2003 and at Colin Ng & Partners (Singapore law firm) from July 2003 to July 2005. Since August 2005, Mr. Chua has been a director of Chancery Law Corporation (Singapore law firm). Mr. Chua has extensive experience in merger and acquisition transactions, corporate

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finance, capital markets and compliance matters on listed companies. In respect of listed company compliance, Mr. Chua has represented public companies listed on the Singapore Exchange Securities Trading Limited (‘‘SGX’’) in connection with their legal matters in the areas of corporate finance as well as merger and acquisition transactions. He also advises these SGX-listed companies on issues regarding the listing rules, takeover codes and other rules and regulations in Singapore, as well as related compliance and regulatory matters, etc. Mr. Chua was the company secretary of Teledata (Singapore) Limited from 3 November 2009 to 8 April 2010 and the company secretary of Sivercord Capital (Singapore) Limited from 23 March 1999 to 20 June 2001, both of which are companies listed on SGX. Currently, Mr. Chua is the company secretary of NauticAwt Limited, a company listed on SGX.

WAIVER IN RESPECT OF RULE 8.17 AND RULE 3.28 OF THE LISTING RULES

Given that Mr. Chua does not fulfil the qualification requirements under Rule 8.17 and Rule 3.28 of the Rules (the ‘‘Listing Rules’’) Governing the Listing of Securities on the Stock Exchange, the Company has made an application to the Stock Exchange and the Stock Exchange has granted a waiver (the ‘‘New Waiver’’) to the Company from strict compliance with the requirements under Rule 8.17 and Rule 3.28 of the Listing Rules for a period of three years commencing from 2 November 2015, on the following conditions:

• (i) the Company will continue to retain a registered Hong Kong law firm (the ‘‘Firm’’), as the Company’s legal adviser on Hong Kong laws to assist Mr. Chua in discharging his duties as a joint company secretary of the Company for a minimum period of three years from the date of the New Waiver;

• (ii) Mr. Chua will take external training courses provided by The Law Society of Hong Kong or other professional bodies in order to acquire and understand the updated requirements and development of the Listing Rules. Moreover, the Firm will draw Mr. Chua’s attention to any update of the Listing Rules and other relevant laws and regulations in Hong Kong for a minimum period of three years from the date of the New Waiver; and

• (iii) during the three-year period as described in the conditions (i) and (ii) above, the Company and the Firm will commit to equipping Mr. Chua with the relevant experience within the meaning of Rule 3.28 of the Listing Rules with their best endeavour. Should Ms. Wong Wai Han, the other joint company secretary, cease to provide assistance to Mr. Chua before the expiration of such three-year period as described above, the New Waiver will be immediately revoked.

CHANGE OF REGISTERED OFFICE OF THE COMPANY

The Board also wishes to announce that with effect from 2 November 2015, the registered office of the Company has been changed to 55 Market Street, #08–01 Singapore 048941.

By Order of the Board Hengxin Technology Ltd. Cui Genxiang Executive Chairman

Hong Kong, 2 November 2015

As at the date of this announcement, the executive Directors of the Company are Mr. Cui Genxiang and Mr. Xu Guoqiang; the non-executive Directors of the Company are Mr. Cui Wei and Ms. Zhang Zhong; and the independent non-executive Directors of the Company are Mr. Tam Chi Kwan Michael, Dr. Li Jun and Mr. Pu Hong.

• For identification purpose only

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